The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHIYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PHIYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PHIYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This experienced team is still settling in.
Jeana Marie Doubell
Analyst
Summary
Pimco High Yield boasts a solid investment process, but its management team is still settling in after recent leadership changes.