NRGX News and Press, PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees (the “Board”) of PIMCO Dynamic Income Strategy Fund (the “Fund”) (NYSE: PDX) 1 has declared the next two distributions for the Fund’s common shares, as summarized below. In addition, the Boar...

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Dynamic Income Strategy Fund (the “Fund”) (NYSE: PDX) has declared a quarterly distribution for the Fund’s common shares. The quarterly distribution is payable on January 2, 2024 to shareholders of rec...

2023-11-20 05:28:07 ET Summary We review CEF market valuation and performance through the second week of November and highlight recent market action. Most CEF sectors struggled during the week, with only Muni sectors finishing in the green due to a reversal in Treasury yields. ...

2023-11-15 18:36:22 ET Summary PIMCO is converting the PIMCO Energy & Tactical Credit Opps closed-end fund from an energy MLP stock fund to a multi-sector bond/credit fund to narrow the discount-to-NAV. The NRGX fund currently trades at a discount of 11.42% compared to the ave...

2023-11-13 08:00:00 ET Summary PIMCO taxable CEFs previously had high valuations, but now discounts are appearing across most funds. Leverage changes have been negative, with most funds reducing leverage by 20% to 40%+. My inclination is to favor PHK and PDI here, given the NA...

2023-10-17 07:34:32 ET Summary Closed-end funds are currently trading at historically deep discounts, with the average discount at -9.64% at the end of Q3 2023. Municipal bond funds are experiencing particularly wide discounts, with an average discount of -12.89%. Non-leverage...

2023-10-17 00:31:01 ET Summary The number of CEFs currently in the U.S. market is 440, each one acting as a spokesperson for the strategy and management philosophy of the houses that launched them. The reason why most investors are interested in CEFs is because they provide a stea...

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- PIMCO Energy and Tactical Credit Opportunities Fund (NYSE: NRGX) (the “Fund”) has posted a complete schedule of its portfolio holdings, as of September 30, 2023 (unaudited), on its website. To access the Fund’s holdings report...

2023-10-09 11:50:31 ET Summary Longer-term bonds are becoming more attractive to institutional investors as yields catch up to shorter-term paper. The NRGX fund experienced an NAV boost due to liquidation of a large private equity position. PIMCO is converting NRGX from a most...

2023-10-09 05:40:03 ET Summary We review CEF market valuation and performance through the last week of September and highlight recent market action. CEFs finished September on a weak note, with all sector NAVs moving lower as Treasuries and stocks fell. Investors should be car...