They're getting there. Closed-end investment funds take it on the chin again, with the PIMCO...

|About: PIMCO High Income Fund (PHK)|By:, SA News Editor

They're getting there. Closed-end investment funds take it on the chin again, with the PIMCO High Income Fund (PHK -6.6%) leading. At $10.56, the fund no longer sports a ridiculous near-75% premium to NAV, but with NAV currently at $8.32, there remains a wide gulf.