PIMCO High Income Fund Faces Dividend Cut Despite NAV Improvement: Rating Downgrade

Wednesday, Mar 26, 2025 10:15 am ET1min read
PHK--

PIMCO High Income Fund's (PHK) NAV has improved, but a dividend cut is likely due to the fund's global credit investments and emphasis on income generation. The fund has a generous starting dividend yield, but its dividend payout may not be sustainable given the challenging market conditions.

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