PCI News and Press, PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest From 09/27/19

AlphaCentric Income Opportunities ( IOFIX ) This is a current income-oriented fund that pays approximately 5.00% and has $3.3B in total assets. Morningstar places the fund in its multisector US bond category. The fund is indexed to the Barclays US Universal Bond Index. The fund shop is a b...

Most retail investors understand stocks fairly well. They get how a stock price trades based on valuation (price-to-earnings ratios) and other basic factors that can be found on Yahoo Finance. But most investors only know cursory knowledge about bonds. The basic premise that investors tend to ...

(Please note, this was published for members of Yield Hunting on September 2 nd . All data herein is from that date or earlier) One way we analyze funds is to see how their NAVs perform during certain periods of time. That can give us much more insight into how a fund is positioned and the...

(This report was issued to members of Yield Hunting on September 3 rd ) Closed-End Fund Analysis The CEF space ended the month with a -4.95% average discount across all funds and all categories. That compares to a -5.10% at the end of July. However, during that time, we did see discounts t...

There was a lot of interesting new developments on the PIMCO front this month. The company had bought up nearly a third of the world's top-paying government bonds from Argentina - about 142 billion pesos- with a maturity date of next June. PIMCO clearly didn't expect the Argentinian peso to co...

Co-produced with Stanford Chemist for the CEF/ETF Income Laboratory . CEFs offer investors so many different options and choices. The structure of a CEF allows for shares to trade throughout the day on exchanges. Shares trade hands just like common stock of individual companies. This ...

In my opinion, the key to dealing with the future lies in knowing where you are, even if can't know precisely where you're going. Knowing where you are in a cycle and what that implies for the future is different from predicting the timing, extent and shape of the cyclical move. - Th...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...

In spite of the high volatility and the wild ride in 2019, the markets are only about 6% below their new all-time high achieved back in July. In fact, it's already the longest bull market in history. Still, there are plenty of risks on the horizon. Trade wars on multiple fronts are keeping t...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the information...