PIMCO HIGH INCOME FUND (PHK) Form 424B3 — Jun 24, 2026
PIMCO High Income Fund filed a prospectus supplement effective immediately to significantly expand its investment capabilities, specifically authorizing the Fund to invest in and originate loans directly. This includes the authority to originate residential and commercial real estate loans, consumer loans, and bridge loans, potentially targeting borrowers with below-investment-grade or subprime credit quality. The Fund also increased its flexibility to invest in common stocks, raising the limit to 20% of total assets, and added new risk disclosures regarding Loan Origination Risk and Foreign Loan Originations Risk.
Key figures
- Equity investment limit
- 20%
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