Is PIMCO High Income Fund overvalued?

PIMCO High Income Fund (PHK) looks undervalued — trading about 25% below its fair value.

Undervalued

Price

$4.67

Fair value

$5.86

Current P/E

9.1

Normal P/E

11.5

Market cap

$870.8M

Dividend yield

10.7%

Return on equity

12.9%

Sector

Financial Services

Fair value compares PHK's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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