The Pimco High Income Fund (PHK) is a mutual fund that focuses on generating high levels of income for investors. It primarily invests in a diverse range of fixed-income securities, such as corporate bonds, government bonds, and mortgage-backed securities. The fund is managed by Pimco, a global investment management firm known for its expertise in fixed-income investments. With a focus on generating income, the Pimco High Income Fund may be suitable for investors seeking regular cash flow from their investments.