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.
PML - Possible Replacements For Overvalued PIMCO Muni Funds
Pimco Municipal Income Fund II of Beneficial Interest
This article was first released to CEF/ETF Income Laboratory subscribers 2 weeks ago.
As presented in our CEF Weekly Roundup, the list of top premium gainers last week included four PIMCO funds, including PIMCO Corporate & Income Strategy Fund (PCN), which we own in our Income Generator portfolio. However, the most overvalued of the four right now I would consider to be PIMCO Municipal Income II (PML), which is currently sitting at a premium of +22.30% and 1-year z-score of +3.10. The current premium (!) is the highest since