PIMCO High Income Fund Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2011
February 29, 2012 at 09:00 pm
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PIMCO High Income Fund announced earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net investment income of $27,290,014 against $33,707,813 in the same period of last year. Net investment income per common share was $0.22 against $0.28 in the same period of last year. Net realized and change in unrealized loss was $8,828,713 or $0.05 per common share against net realized and change in unrealized gain of $9,256,769 or $0.09 per common share in the same period of last year.
For the nine months, the company reported net investment income of $90,044,262 against $102,239,081 in the same period of last year. Net investment income per common share was $0.74 against $0.85 in the same period of last year. Net realized and change in unrealized loss was $221,358,709 or $1.79 per common share against net realized and change in unrealized gain of $72,025,990 or $0.62 per common share in the same period of last year.
PIMCO High Income Fund (Fund) is a closed-end management investment company. The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple fixed income sectors in the global credit markets, which include corporate debt, such as fixed-, variable- and floating-rate bonds, bank loans, convertible securities and stressed debt securities issued by United States (US) or foreign (non-US) corporations or other business entities, including emerging market issuers; mortgage-related and other asset-backed securities; government and sovereign debt; taxable municipal bonds, and other securities, including emerging of the issuer's credit characteristics, forecast for interest rates and outlook for particular countries/regions, currencies, industries, sectors and the global economy and bond markets generally. The investment manager of the Fund is Pacific Investment Management Company LLC.
PIMCO HIGH INCOME FUND 
