PHDAX – PIMCO High Yield A Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in high yield investments ("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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PHIYX	PIMCO High Yield Fund Institutional Class	Institutional	Open			Dec 15, 1992	$6.23B	0.550%	Low	$1M	−$883.57M
PHYAX	PIMCO High Yield Fund Administrative Class	Institutional	Open			Jan 16, 1995	$246.39M	0.800%	High	$1M	−$24.04M
PHLPX	PIMCO High Yield Fund Class I-2	Institutional	Open			Apr 30, 2008	$286.28M	0.650%	Average	$1M	−$50.85M
PHNNX	PIMCO High Yield Fund I-3	Institutional	Open			Apr 27, 2018	$14.67M	0.700%	Average	$1M	−$45.65M
PHDAX	PIMCO High Yield Fund Class A	Front Load	Open			Jan 13, 1997	$364.97M	0.900%	Below Average	$1,000	−$56.34M
PHDCX	PIMCO High Yield Fund Class C	Level Load	Open			Jan 13, 1997	$11.35M	1.650%	Below Average	$1,000	−$1.27M
PHYRX	PIMCO High Yield Fund Class R	Retirement, Medium	Open			Dec 31, 2002	$34.59M	1.150%	Average	$0	−$1.83M

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