Shares of Pimco High Income Fund (PHK) Rise Above Previous 52-Week High

March 23, 2021 11:01:35

Pimco High Income Fund (NYSE:PHK) traded today at a new 52-week high of $6.55. This new high was reached on below average trading volume as 149,000 shares traded hands, while the average 30-day volume is approximately 440,000 shares.

In the past 52 weeks, shares of Pimco High Income Fund have traded between a low of $3.75 and a high of $6.55 and is now at $6.51, which is 74% above that low price.

Based on a current price of $6.51, Pimco High Income Fund is currently 0.6% above its average consensus analyst price target of $6.47.

PIMCO High Income Fund is a closed-end management investment company. The company’s primary investment objective is to seek high current income. Its secondary objective is to seek capital appreciation.

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