The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHSIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PHSIX 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 PHSIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Resetting expectations.
Jeana Marie Doubell
Analyst
Summary
Pimco High Yield Spectrum boasts a solid investment process, but its experienced management team is still settling in after recent roster changes.