PCM News and Press, PCM Fund Inc. From 11/02/18

PIMCO Corporate & Income Strategy Fund (NYSE: PCN ) - $0.1125. PIMCO Corporate & Income Opportunity Fund (NYSE: PTY ) - $0.1300. PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP ) - $0.1220. PIMCO High Income Fund (NYSE: PHK ) - $0.0807. PIMCO Income Opportunity Fun...

NEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distribut...

We are getting blown about, no doubt. We are once again experiencing notable moves in both the bond and stock markets. I think these will continue until the midterm elections. The ground is shifting and nothing feels very safe. Even some of the very large money managers that I speak with are g...

Main Thesis The purpose of this article is to explain why I believe the Pimco Dynamic Credit & Mortgage Income Fund (NYSE: PCI ) is an attractive investment option at its current market price. With the majority of Pimco CEFs seeing steep losses recently, valuations have come down in t...

Every once and a while we get a reminder that the stock market in the United States is not a one-way street to the upside. On Thursday, October 4 gravity hit stocks once again, and share prices tumbled. The Dow Jones Industrial Average fell by over 200 points while the S&P 500 posted a gre...

(Members of Yield Hunting received this article more than two weeks ago along with more in-depth analysis.) PIMCO UNII and EPS The slightly late PIMCO UNII and EPS report was released last month showing some movement in the coverage ratios and UNII but nothing overwhelming, at least ...

Main Thesis The purpose of this article is to explain why I believe the PCM Fund, Inc. (NYSE: PCM ) is an attractive investment at its current market price. The fund is now trading at an above-average valuation, but its premium has actually come down slightly since my last review, all while ...

Is It Time to Sell PGP? With its 13.9% market yield, PIMCO Global StocksPLUS & Inc ( PGP ) is PIMCO’s second-highest yielding CEF. Its NAV performance ranks second among the PIMCO CEFs for the last three years and fourth for the last five. Because it is the only one of PIMCOȁ...

Data shows a solid economy, yet markets are acting like recession is around the corner. Russ explains why. An investor who ignored economic releases and instead focused on equity and bond markets might be led to believe the economy is shaky, on the cusp of sick. Even aside from the well-pu...

By Erik Norland U.S. equities may be in the late stages of a bull market. In their early stages (1991-1996, 2003-2005 and 2009-2014), earnings and equity prices rise in tandem. In the late stages (1997-2000, 2006-2007 and 2015-), earnings stagnate or decline while prices continue to advanc...