PGP - PGP: An 11.5%-Yielding One-Stop Shop Portfolio Now At An Approachable Valuation
2024-04-23 17:21:21 ET
Summary
- PIMCO Global StocksPLUS & Income Fund (PGP) features a hybrid equity/credit strategy, employing the StocksPLUS approach pioneered by PIMCO.
- The fund's portfolio consists of a mix of equity, credit, and risk-free assets.
- PGP trades at a discount and offers an attractive profile for investors seeking an all-market investment vehicle.
In this article, we take a look at the PIMCO Global StocksPLUS & Income Fund ( PGP ). The fund has two distinguishing features in the taxable PIMCO suite. One, its portfolio is roughly balanced between equities, credit and "risk-free" assets and two, it trades at the lowest valuation in the suite....
PGP: An 11.5%-Yielding One-Stop Shop Portfolio Now At An Approachable Valuation