# Pimco High Income Fund (PHK) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $4.17, market value $781 million.

## Valuation
- **P/E (trailing): 8.7×** (5-yr avg 7.7×, 3-yr avg 6.5×). Pimco High Income Fund trades at 8.7× trailing earnings, close to its own five-year average of 7.7×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 9.2×**. Each dollar of revenue is priced at 9.2×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: -26.5%** (5-yr avg 19.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 11.5%**. The inverse of the P/E: 11.5% of the price is earned each year.

## Profitability
- **Net margin: 99.9%**. 99.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.0%**. 10.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 6.9%**. Each dollar of assets produces 6.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -18.2%** (3-yr 18.3%/yr). Revenue fell 18.2% over the last year.

## Financial health
- **Cash and short-term investments: $2 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 13.81%** ($0.58 per share, trailing). Pimco High Income Fund yields 13.81%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 110%**. The dividend exceeds earnings (110% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 4**. 4 straight years of increases.
- **Dividend growth (5 yr): -2.1%/yr** (1-yr 0.0%). The dividend has not grown over five years.
- **Shareholder yield: 7.0%**. Dividends plus net buybacks return 7.0% of the market value a year.

## Price and momentum
- **Total return (1 yr): -8.0%** (YTD -9.8%, 3-mo -12.8%). The shares are down 8.0% over twelve months including dividends.
- **From 52-week high: -16.6%** (4.0% above the low). Trading 17% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 0.36** (volatility 14%). Beta of 0.36 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PHK · Page: https://foliofundamentals.com/stocks/phk

Not investment advice.