NRGX News and Press, PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest From 08/12/22

It's been a stellar month+ for the more aggressive and leveraged equity CEFs with the more defensive option-income CEFs having more mixed results. Generally speaking, option-income CEFs that sell a low percentage of options against their portfolio have performed better than option fun...

In the last Equity CEF Performance update, I called the prior week a "good" week. This week, I will upgrade that to a "VERY good" week, particularly for leveraged CEFs. With the S&P 500 gaining +4.3% on the week and the NASDAQ-100 +4.5%, those strong moves actually paled in compar...

There is virtually no downside risk when you purchase a SPAC common stock below the trust value and exit before a business combination is formed. BRW is a leveraged closed-end fund run by Saba Capital that has about 82% of its portfolio invested in the SPAC arbitrage strategy. The...

NRGX is PIMCO's offering in the energy space, their rather unique fund that focuses on a tilt towards a specific sector. While they have a focus on a specific sector of energy in this case, it isn't just all pipeline and oil companies. The fund carried a sizeable equity position i...

Four out of 24 CEF sectors positive on price and three out of 24 sectors positive on NAV last two weeks. SPE has an upcoming tender offer. GUT has a rights offering coming up. JPT tender offer and FTF rights offering completed. For further details see: Weekly Closed-...

PIMCO E&T Cr Op Shs Energy and Tactical Credit Opportunities Fund (NYSE:NRGX) declares $0.22/share quarterly dividend, 29.4% increase from prior dividend of $0.17. Forward yield 6.21% Payable April 1; for shareholders of record March 11; ex-div March 10. See NRGX Dividend Scorecard, Yield...

Think about it for a moment: when was the last time you read anything about closed-end funds (CEFs), a way too often overlooked asset class that throws off 7%+ average dividends ? Never? Maybe once? It’s a shame that CEFs are rarely discussed outside Wall Street circl...

NRGX has an interesting position amongst its top holdings with a successful IPO recently. The fund has been performing well, along with the rest of the energy space this year. At its current discount, it could be an attractive closed-end fund to invest in. For further detail...

4 out of 24 CEF sectors positive on price and 2 out of 24 sectors positive on NAV last week. Date for PIMCO merger of PCI and PKO into PDI announced. USA rights offering results. JDD, JTA and JTD have been merged into the multi-asset NMAI. For further details see: We...

PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest (NYSE:NRGX) traded today at a new 52-week high of $14.57. So far today approximately 179,000 shares have been exchanged, as compared to an average 30-day volume of 143,000 shares. Over the past year, PIMCO Energy ...