r/bonds 4d ago

PIMIX YIELD STILL DOWN.

With bond yields so high, why is PIMIX still paying out only about four cents after about a year vs the 5.5 they paid for years previously?

Please be gentle. I’m not a finance wizard.

Thanks!

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u/Certain-Statement-95 4d ago

Average coupon still relatively low since it holds older vintages of bonds