Cetera Advisor Networks buys $4,572,790 stake in PIMCO High Income Fund (PHK)

PIMCO High Income Fund (PHK) : Cetera Advisor Networks scooped up 16,580 additional shares in PIMCO High Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 458,655 shares of PIMCO High Income Fund which is valued at $4,572,790.PIMCO High Income Fund makes up approximately 0.26% of Cetera Advisor Networks’s portfolio.

Other Hedge Funds, Including , Cetera Advisors boosted its stake in PHK in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 13,913 shares of PIMCO High Income Fund which is valued at $138,713. PIMCO High Income Fund makes up approx 0.01% of Cetera Advisors’s portfolio.Private Advisor Group boosted its stake in PHK in the latest quarter, The investment management firm added 18,901 additional shares and now holds a total of 151,523 shares of PIMCO High Income Fund which is valued at $1,533,413. PIMCO High Income Fund makes up approx 0.06% of Private Advisor Group’s portfolio.National Planning Corp reduced its stake in PHK by selling 2,735 shares or 3.06% in the most recent quarter. The Hedge Fund company now holds 86,564 shares of PHK which is valued at $876,028. PIMCO High Income Fund makes up approx 0.07% of National Planning Corp’s portfolio.Concert Wealth Management reduced its stake in PHK by selling 200 shares or 0.76% in the most recent quarter. The Hedge Fund company now holds 26,245 shares of PHK which is valued at $263,237. PIMCO High Income Fund makes up approx 0.03% of Concert Wealth Management’s portfolio.

PIMCO High Income Fund is a diversified closed-end management investment fund. The Fund’s investment objective is to seek high current income with capital appreciation as a secondary objective. The Fund focuses on duration management credit quality analysis risk management techniques and broad diversification among issuers industries and sectors as well as other risk management techniques designed to manage default risk. The Fund seeks to invest any portion of its assets (or none) in below-investment-grade securities or high yield bonds (also known as junk bonds). The Fund invests in industries such as gaming banks home construction railroads insurance life and automotive among others. Pacific Investment Management Company LLC serves as the Funds’ investment manager.

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