(Source: Business Wire)
PIMCO High Income Fund (the "Fund") (NYSE: PHK), a diversified,
closed-end management investment company which seeks high current income
with capital appreciation as a secondary objective, today announced its
results for the fiscal quarter ended June 30, 2009.
At June 30,
2009 2008
Net Assets (a) $974,480,111 $2,183,745,052
Common Shares Outstanding 118,769,474 117,269,105
Net Asset Value ("NAV") $5.75 $10.95
Market Price $8.94 $11.97
Premium to NAV 55.48 % 9.32 %
Overdistributed Net Investment
Income per Common Share (c) $(0.0761 ) $(0.0028 )
Quarter ended June 30,
2009 2008
Net Investment Income (b) $28,909,116 $45,367,092
Per Common Share (b) $0.24 $0.39
Net Realized and Change in Unrealized Gain (Loss) (b) $281,593,941 $(34,456,027 )
Per Common Share (b) $2.38 $(0.29 )
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(a) Net assets are inclusive of market value of Preferred Shares of $292 million and $900 million at June 30, 2009 and June 30, 2008, respectively.