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PHYAX PIMCO High Yield Admin

  • Fund
  • PHYAX
  • Price as of: Oct 20, 2017
  • $9.07
  • - $0.00
  • - 0.00%
  • Category
  • High Yield Bonds

PHYAX - Profile

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return 5.6%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $10.5 B
  • Holdings in Top 10 8.2%

52 WEEK LOW AND HIGH

$9.07
$8.61
$9.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.81%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

High Yield Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.02%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name PIMCO High Yield Fund
  • Fund Family Name PIMCO
  • Inception Date Jan 16, 1995
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Andrew Jessop

Fund Description

The fund invests at least 80% of its assets in a diversified portfolio of high yield securities ("junk bonds"), which may be represented by forwards or derivatives. It may invest up to 20% of its total assets in securities rated Caa or below by Moody's, or equivalently rated by S&P or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. The fund may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.

PHYAX - Performance

Return Ranking - Trailing

Period PHYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -58.6% 10775.8% 17.57% 2
1 Yr 7.8% -30.5% 27.9% 44.60% 3
3 Yr 5.6% * -15.3% 10.2% 11.02% 1
5 Yr 5.6% * -10.5% 13.4% 31.70% 2
10 Yr 6.6% * -12.4% 12.4% 39.65% 2

* Annualized


Return Ranking - Calendar

Period PHYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.7% -14.1% 332.1% 38.92% 3
2015 -9.6% -34.3% 1.0% 43.54% 4
2014 -4.9% -21.7% 10.4% 38.65% 3
2013 -0.3% -16.9% 31.6% 41.84% 4
2012 7.3% -18.5% 17.6% 33.84% 3

Total Return Ranking - Trailing

Period PHYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -58.6% 10775.8% 17.60% 2
1 Yr 7.8% -30.5% 27.9% 33.33% 2
3 Yr 5.6% * -15.3% 10.2% 9.24% 1
5 Yr 5.6% * -10.5% 13.4% 26.09% 2
10 Yr 6.6% * -12.4% 12.4% 35.68% 2

* Annualized


Total Return Ranking - Calendar

Period PHYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.7% -14.1% 332.1% 51.20% 4
2015 -7.4% -30.4% 4.6% 39.93% 3
2014 -2.6% -18.4% 10.4% 43.50% 3
2013 -0.3% -16.9% 55.9% 65.45% 5
2012 7.7% -18.5% 33.1% 55.53% 4

NAV & Total Return History

PHYAX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

PHYAX Category Low Category High PHYAX % Rank Quintile
Net Assets 10.5 B 768 K 24.7 B 1.07% 1
Number of Holdings 837 1 1428 1.38% 1
Net Assets in Top 10 889 M -32.2 M 2.72 B 1.38% 1
Weighting of Top 10 8.2% 0.0% 100.0% 27.61% 4

Top 10 Holdings

  1. Cdx Hy28 5y Ice 2.95%
  2. Cdx Hy27 5y Ice 0.98%
  3. Crimson Merger Sub / Ortho-C 144A 6.625% 0.75%
  4. Cdx Hy25 5y Ice 0.73%
  5. Lloyds Bkg Grp Cv FRN 0.51%
  6. Cdx Hy26 5y Ice 0.49%
  7. Sprint 7.875% 0.53%
  8. Cdx Hy23 5y Ice 0.47%
  9. Numericable Grp Sa 144A 6.25% 0.39%
  10. Mgm Resorts Intl 6.625% 0.38%

Asset Allocation

Weighting Category Low Category High PHYAX % Rank Quintile
Bonds
89.12% -16.96% 107.80% 21.63% 4
Cash
9.63% -11.47% 116.96% 3.83% 1
Convertible Bonds
0.98% 0.00% 18.92% 6.60% 2
Other
0.23% -6.16% 38.60% 22.39% 4
Stocks
0.03% 0.00% 97.94% 16.26% 3
Preferred Stocks
0.01% 0.00% 21.64% 14.72% 3

Stock Sector Breakdown

Weighting Category Low Category High PHYAX % Rank Quintile
Energy
0.01% -0.14% 9.63% 12.02% 3
Utilities
0.00% -0.07% 3.16% 6.40% 3
Technology
0.00% -0.42% 27.64% 5.23% 2
Real Estate
0.00% 0.00% 11.28% 5.23% 3
Industrials
0.00% -0.09% 12.57% 7.17% 3
Healthcare
0.00% 0.00% 17.03% 5.81% 3
Financial Services
0.00% 0.00% 19.16% 8.53% 3
Communication Services
0.00% -0.08% 4.06% 5.81% 3
Consumer Defense
0.00% -0.10% 6.19% 5.23% 3
Consumer Cyclical
0.00% 0.00% 14.00% 9.11% 3
Basic Materials
0.00% 0.00% 4.07% 8.33% 3

Stock Geographic Breakdown

Weighting Category Low Category High PHYAX % Rank Quintile
US
0.03% 0.00% 79.34% 14.88% 3
Non US
0.00% -0.02% 53.41% 7.21% 3

Bond Sector Breakdown

Weighting Category Low Category High PHYAX % Rank Quintile
Corporate
84.10% 0.00% 101.98% 25.61% 4
Cash & Equivalents
9.65% -7.60% 100.00% 3.53% 1
Derivative
5.61% -19.62% 16.96% 0.31% 1
Securitized
0.25% 0.00% 58.04% 15.18% 3
Government
0.05% -6.62% 68.08% 15.18% 3
Municipal
0.00% 0.00% 99.39% 4.14% 2

Bond Geographic Breakdown

Weighting Category Low Category High PHYAX % Rank Quintile
US
70.97% -16.96% 100.00% 20.09% 4
Non US
18.15% -0.37% 50.48% 14.57% 3

PHYAX - Expenses

Operational Fees

PHYAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.81% 0.00% 5.24% 22.89% 2
Management Fee 0.55% 0.00% 1.00% 4.45% 3
12b-1 Fee 0.25% 0.00% 1.00% 3.98% 2
Administrative Fee 0.30% 0.00% 0.45% 1.08% 5

Sales Fees

PHYAX Fees (% of AUM) Category Low Category High PHYAX Rank Quintile
Front Load N/A 2.00% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

PHYAX Fees (% of AUM) Category Low Category High PHYAX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PHYAX Fees (% of AUM) Category Low Category High PHYAX Rank Quintile
Turnover 31.00% 3.52% 1851.00% 17.51% 1

PHYAX - Distributions

Dividend Yield Analysis

PHYAX Category Low Category High PHYAX % Rank Quintile
Dividend Yield 0.6% 0.00% 6.16% 17.45% 2

Dividend Distribution Analysis

PHYAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PHYAX Category Low Category High PHYAX % Rank Quintile
Net Income Ratio 5.02% -2.63% 12.36% 24.58% 3

Capital Gain Distribution Analysis

PHYAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

PHYAX - Managers

Andrew Jessop

Manager

Start Date

Jan 10, 2010

Tenure

7.73

Tenure Rank

7.3%

Mr. Jessop is a managing director and high yield portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2009, he was a managing director, portfolio manager and co-head of the high yield group at Goldman Sachs Asset Management, where he spent 12 years. Mr. Jessop was previously a high yield portfolio manager at Saudi International Bank in London. He holds a degree from Queens' College, Cambridge University.


Hozef Arif

Manager

Start Date

Jul 29, 2016

Tenure

1.17

Tenure Rank

16.3%

Mr. Arif is an executive vice president and credit portfolio manager in the Newport Beach office. Prior to joining PIMCO in 2008, he was a leveraged finance investment banker at Credit Suisse in Los Angeles. He holds an MBA from the University of Chicago Graduate School of Business. He also has a master's degree in petroleum engineering from Stanford University and an undergraduate degree from the Indian Institute of Technology, Mumbai.


Tenure Analysis

Category Low

0.0

Category High

57.4

Category Average

6.78

Category Mode

2.8