When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
RCS - Further Deleveraging Across PIMCO Taxable CEFs
PIMCO Strategic Income Fund Inc.
In our previous articles on PIMCO CEFs, we discussed how these funds have deleveraged in March to varying degrees due to already elevated leverage levels and sharply falling NAVs. April saw continued deleveraging across a number of taxable funds with some funds playing catch-up while other funds continued deleveraging. In this article, we take a look at these shifts in borrowings and what is driving the cuts. We also discuss our preference for Dynamic Income Fund (PDI) over Dynamic Credit and Mortgage Income Fund (PCI) as well as Income Strategy Fund