PCM News and Press, PCM Fund Inc. From 01/13/20

Let's start with the Fed's thoughts on interest policy for 2020. This is from the latest meeting minutes (emphasis added): In their consideration of monetary policy at this meeting, participants judged that it would be appropriate to maintain the target range for the federal funds rate at...

For retirees or near retirees (people aged over 55 but not retired yet), one of the major challenges is finding a sustainable income stream. Only 15 years ago, you could earn 5%-6% safe and guaranteed income from instruments like bank CDs with literally no risk. But that era is over and probab...

Last year, during the fourth quarter, all hell was breaking loose in markets across all asset classes. The price of oil was collapsing from $76.90 to $42.36 per barrel. Stock prices plunged, and a general environment of risk-off gripped investors and traders. The selling came from a fear that ...

Main Thesis The purpose of this article is to evaluate the PCM Fund, Inc. ( PCM ) as an investment option at its current market price. Earlier this year, I reiterated caution on PCM due to the fund's rising premium. Looking back, PCM, along with many PIMCO CEFs, have continued to trade at lo...

Note: This article was released to members 2 weeks ago. 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 a...

One of the biggest worries for retirees or anyone who's going to retire soon is how and where to look for sustainable income. Sure, there are a lot of investment avenues where you can get very high yields, sometimes even more than 10%, but most folks know that high yield comes at high risk. Wh...

We can probably begin thinking about using the word "crash" to describe the action in the bond market over the past two weeks. The 10-year Treasury yield is up another 12.5 basis points today to 1.90% - that's a 45 basis point move since Labor Day. More news on: PIMCO Corporate&Income ...

Stop parsing the details, says Jeff Gundlach. The Fed Funds rate is the biggest number across the entire yield cure - "What else do you need to call it an inversion," he asks. More news on: iShares Core U.S. Aggregate Bond ETF, Vanguard Total Bond Market ETF, PIMCO Corporate&Income Opp...

Last year at this time, the US Fed was still on a path of increasing short-term interest rates and reducing its swollen balance sheet. The period of tightening began in December 2015 when the Fed Funds rate lifted off from zero percent. The Fed then rolled out a rote program to reduce the lega...

PCM Fund (NYSE: PCM ) declares $0.08/share monthly dividend , in line with previous. More news on: PCM Fund, Dividend News, , Read more ...