PFL - PIMCO Income Strategy Fund - High Return For High Risk

December, 23 2020 02:08 PM PIMCO Income Strategy Fund Shares of Beneficial Interest

PFL's great long-term performance can be interrupted by huge downdrafts such as the nearly 50% loss during the March 2020 COVID crash.
The fund has recovered well since March and 1-year total return is now comparable to popular lower-risk index ETF's.
The fund's monthly distribution of $0.09 has been consistent since 2012 and the yield is around 9.7%.
PFL typically trades at a premium to net asset value and goes through periods where distributions are greater than net investment income.
PFL is a buy for those expecting continued economic recovery in 2021 but remains much riskier than traditional fixed income index ETF's.

For further details see:

Company Name:	PIMCO Income Strategy Fund Shares of Beneficial Interest
Stock Symbol:	PFL
Market:	NYSE