NRGX News and Press, PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest From 10/09/23

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...

2023-10-08 05:37:39 ET Summary For the second straight month, both equity (-3.12% on a NAV basis) and fixed income (-1.94%) CEFs on average suffered downside performance. At month end, 9% of all CEFs traded at a premium to their NAV, with 11% of equity CEFs and 8% of fixed income ...

2023-10-06 06:32:17 ET Summary PIMCO's Tactical Credit Opportunities Fund is changing its investment mandate to focus on multi-sector credit with a reduced allocation to energy assets. The fund will be renamed the "Dynamic Income Strategy Fund" (PDX). The change in the structu...

2023-10-04 09:34:59 ET Summary 2 out of 22 CEF sectors positive on price and 1 out of 22 sectors positive on NAV. PIMCO Energy & Tactical Credit Opps will change its investment policy to a multisector fixed income fund. This will likely provide a tailwind to the NRGX fund'...

2023-09-28 14:32:22 ET More on PIMCO Energy and Tactical Credit Opportunities Fund NRGX: When An Energy CEF Does A 180 NRGX: Nothing Special Dividend scorecard for PIMCO E&T Cr Op Shs Energy and Tactical Credit Opportunities Fund For further details see: ...

2023-09-25 10:27:49 ET Summary The PIMCO Energy & Tactical Credit Opps is transitioning from an energy equities closed-end fund to a credit fund. The fund will change its name to PIMCO Dynamic Income Strategy Fund and reduce its focus on energy investments. The move is exp...

NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- PIMCO Energy and Tactical Credit Opportunities Fund (NYSE: NRGX) (the “Fund”) announced that it will change its name, ticker symbol, investment objectives and guidelines, and portfolio manager lineup, as further described below. Pacific I...

2023-09-08 13:01:29 ET Summary For the first month in three, both equity (-1.98% on a NAV basis) and fixed-income CEFs (-0.54%) on average suffered losses. At month end, 12% of all CEFs traded at a premium to their NAV, with 13% of equity CEFs and 11% of fixed income CEFs trading ...

2023-08-17 18:06:32 ET Summary High inflation is a major problem in the U.S., pushing up the cost of living and putting pressure on household budgets. Investors can earn income by purchasing shares of closed-end funds like the RiverNorth Opportunities Fund. The RIV closed-end ...

2023-07-20 17:57:15 ET Summary The Pimco Energy & Tactical Credit Opportunities Fund is trading at a significant discount to its NAV. The fund's dividend yield is around 5.5% annually, which is not impressive for an energy-focused instrument, especially considering its high ex...