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PGP - PGP: Surprisingly This Fund Still Offers Value
Pimco Global Stocksplus & Income Fund StocksPlus & Income Fund of Beneficial Interest
PGP was a notorious CEF from PIMCO, historically trading at a sky-high valuation until it crashed.
After its valuation came back down to earth, the fund actually became a relatively good value. Since then, it has performed very well, and its NAV rise has contained its premium.
With inflation picking up, PGP's limited duration is an attractive attribute.