NRGX News and Press, PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest From 11/17/21

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 ...

Discounts widened a bit but remain very tight relative to historical comparisons going back to 1996. Munis are now in line with taxable avg. premiums. At this time, a counter-cyclical approach is warranted. I have been advocating rotating from leveraged, junkier, and discount suscepti...

PIMCO funds are often trading at significant premiums to their net asset value; that isn't the case with NRGX. NRGX is a deeply discounted fund with a 13.70% discount; last year, the fund even hit a 35%+ discount. The fund gets no love because it is an energy focused fund, which P...

Shares of PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest (NYSE:NRGX) traded today at $12.49, eclipsing its 52-week high. So far today approximately 82,000 shares have been exchanged, as compared to an average 30-day volume of 139,000 shares. PIMCO Energy &...

This is a unique fund for the energy and natural resource space giving investors a bit of a reduced risk exposure to MLPs, energy companies, and utilities. They have a host of underlying strategies going on in the fund including options writing, futures exposure, swaps, and MLPs/energ...

PIMCO Energy and Tactical Credit Opportunities Fund of Beneficial Interest (NYSE:NRGX) traded today at a new 52-week high of $11.43. Approximately 81,000 shares have changed hands today, as compared to an average 30-day volume of 131,000 shares. Potential upside of 58.0% exists for PIMCO...

The question today is, should you avoid CEF IPOs? From the data we have compiled, it seems that the averages come to be quite flat and it largely depends on the circumstances of its launch. One potential way to play this could be buying on day 1 and selling after 1-month of holdin...

December is a great month to trawl through closed-end funds trading at a discount to net asset value. Ideally, I like funds that trade at a deep discount both in an absolute and relative sense. There's no activist presence that I know of but there is interesting insider buying. ...

PIMCO E&T Cr Op Shs Energy and Tactical Credit Opportunities Fund (NRGX) declares $0.17/share quarterly dividend, in line with previous.Forward yield 8.44%Payable Jan. 4; for shareholders of record Dec. 11; ex-div Dec. 10.See NRGX Dividend Scorecard, Yield Chart, & Dividend Growth. ...

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV last week as election volatility subsides. NHF tender offer begins, with an expiration date of December 10, 2020. We discuss RIV's rights offering results in a separate report. For further de...