PGP - 'The Best Of Times And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

• PGP's managers have done a terrific job earning an annualized 15% per annum on this PIMCO fund's net assets over the past 10 years.
• But that's little consolation to investors who've lost their shirts because they bought it four or five years ago at nosebleed-level premiums of 60 and 70%.
• In other words, PGP is a "poster child" for how premiums and discounts really matter to overall total return.
• And the best portfolio managers in the business can't save you if you pay too far above what a fund is really worth.
• The poor market price performance isn't the managers' fault, and investors shouldn't let it scare them off from buying PGP at more reasonable prices.

For further details see: