secwatch.observer — SEC 8-K summary
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Issuer:     PIMCO HIGH INCOME FUND (PHK)
CIK:        0001219360
Form:       8-K
Filed at:   2026-06-24T20:03:07+00:00
Accession:  0001193125-26-281026
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PIMCO High Income Fund expands to originate and invest in loans, including subprime, and lifts bank loan limit
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- Effective June 24, 2026, Fund can invest in and/or originate loans (residential, commercial, consumer) with no borrower credit criteria.
- Effective July 24, 2026, Fund may invest without limitation in bank loans.
- No limit on amount, size, or type of loans; may include below-investment-grade and subprime loans.
- Fund may originate loans to foreign entities/individuals, exposing it to foreign lending and currency risks.
- Risk disclosures expanded: loan origination, foreign loan origination, and illiquidity risks now part of prospectus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219360/000119312526281026/0001193125-26-281026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219360/000119312526281026/d40357d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-281026

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