Pimco High Income Fund 2017 Q4 Institutional Investor Sentiment Worse Than Expected

April 20, 2018 - By Adrian Erickson

Sentiment for Pimco High Income Fund (NYSE:PHK)

Pimco High Income Fund (NYSE:PHK) institutional sentiment decreased to 0.88 in 2017 Q4. Its down -0.05, from 0.93 in 2017Q3. The ratio dropped, as 30 funds started new and increased stock positions, while 34 sold and decreased their equity positions in Pimco High Income Fund. The funds in our partner’s database now possess: 6.57 million shares, up from 4.84 million shares in 2017Q3. Also, the number of funds holding Pimco High Income Fund in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 13 Reduced: 21 Increased: 14 New Position: 16.

The stock decreased 0.31% or $0.0236 during the last trading session, reaching $7.6964. About 253,468 shares traded. PIMCO High Income Fund (NYSE:PHK) has declined 10.97% since April 20, 2017 and is downtrending. It has underperformed by 22.52% the S&P500.

Rivernorth Capital Management Llc holds 1.41% of its portfolio in PIMCO High Income Fund for 2.72 million shares. Rfg Advisory Group Llc owns 67,931 shares or 0.25% of their US portfolio. Moreover, Mariner Investment Group Llc has 0.22% invested in the company for 70,000 shares. The Texas-based Next Financial Group Inc has invested 0.19% in the stock. Clenar Muke Llc, a California-based fund reported 480,685 shares.

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