High Yield Fund Quote

PHDCX Fund  USD 7.96  0.01  0.13%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 40

 
100  
 
Zero
Below Average
High Yield is trading at 7.96 as of the 29th of March 2024; that is 0.13 percent up since the beginning of the trading day. The fund's open price was 7.95. High Yield has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for High Yield Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
The fund invests at least 80 percent of its assets in high yield investments , which may be represented by forwards or derivatives. It may invest up to 20 percent of its total assets in securities rated Caa or below by Moodys, or equivalently rated by SP or Fitch, or, if unrated, determined by PIMCO to be of comparable quality. More on High Yield Fund

Moving together with High Mutual Fund

  0.68PWLEX Pimco Rae WorldwidePairCorr
  0.69PWLBX Pimco Rae WorldwidePairCorr
  0.68PWLMX Pimco Rae WorldwidePairCorr
  0.68PWLIX Pimco Rae WorldwidePairCorr

High Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. High Yield's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding High Yield or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationPIMCO Funds, High Yield Bond Funds, High Yield Bond, PIMCO, High Yield Bond, High Yield Bond (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date18th of April 2023
Fiscal Year EndMarch
High Yield Fund [PHDCX] is traded in USA and was established 29th of March 2024. High Yield is listed under PIMCO category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of PIMCO family. This fund at this time has accumulated 7.99 B in assets with no minimum investment requirementsHigh Yield Fund is currently producing year-to-date (YTD) return of 0.77% with the current yeild of 0.0%, while the total return for the last 3 years was 0.88%.
Check High Yield Probability Of Bankruptcy

Instrument Allocation

High Yield Target Price Odds Analysis

Based on a normal probability distribution, the odds of High Yield jumping above the current price in 90 days from now is about 5.06%. The High Yield Fund probability density function shows the probability of High Yield mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon High Yield has a beta of 0.2362 indicating as returns on the market go up, High Yield average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding High Yield Fund will be expected to be much smaller as well. Additionally, high Yield Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 7.96HorizonTargetOdds Above 7.96
94.36%90 days
 7.96 
5.06%
Based on a normal probability distribution, the odds of High Yield to move above the current price in 90 days from now is about 5.06 (This High Yield Fund probability density function shows the probability of High Mutual Fund to fall within a particular range of prices over 90 days) .

High Yield Fund Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. High Yield market risk premium is the additional return an investor will receive from holding High Yield long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in High Yield. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although High Yield's alpha and beta are two of the key measurements used to evaluate High Yield's performance over the market, the standard measures of volatility play an important role as well.

High Yield Against Markets

Picking the right benchmark for High Yield mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in High Yield mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for High Yield is critical whether you are bullish or bearish towards High Yield Fund at a given time. Please also check how High Yield's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in High Yield without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy High Mutual Fund?

Before investing in High Yield, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in High Yield. To buy High Yield fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of High Yield. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase High Yield fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located High Yield Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased High Yield Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as High Yield Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in High Yield Fund?

The danger of trading High Yield Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of High Yield is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than High Yield. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile High Yield Fund is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in High Yield Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the High Yield Fund information on this page should be used as a complementary analysis to other High Yield's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running High Yield's price analysis, check to measure High Yield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy High Yield is operating at the current time. Most of High Yield's value examination focuses on studying past and present price action to predict the probability of High Yield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Yield's price. Additionally, you may evaluate how the addition of High Yield to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between High Yield's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Yield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Yield's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.