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With the May PIMCO coverage figures out on Wednesday, we take this opportunity to follow-up on our previous article on PIMCO muni CEFs to quickly touch on the action in the broader suite of funds. Investors who don't play in the PIMCO space should still hopefully find this article relevant. In it we also review our broader CEF allocation thought process and, in particular, highlight the three key steps that inform our calls.
Within the PIMCO space, we continue to overweight the following two funds: