PCM News and Press, PCM Fund Inc. From 07/11/20

Co-produced with Beyond Saving The unknown creates both risk and opportunity for investors. It's the unpleasant surprises that can lead to losses, while at the same time, the fear of the unknown frequently causes investments to be priced lower than the actual risk calls for. We've all ...

(This report was issued to members of Yield Hunting on June 18.) The monthly update on PIMCO CEFs came out this week without much changes to the figures. Overall, we think the report was relatively benign and continues to signal the same result: Nothing to be afraid of here. However...

The last few months have seen large shifts across many drivers of CEF performance such as asset prices, interest rates, leverage costs, borrowing levels and others. Over the last few months, we have explored different aspects of fund earnings drivers separately across both taxable and municipa...

Author's note : This article was released to CEF/ETF Income Laboratory members on June 16, 2020. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-...

Author’s note: this article was released to members of CEF/ETF Income Laboratory on June 15, 2020. Please check latest data before investing. 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] ...

Main Thesis The purpose of this article is to evaluate the PCM Fund, Inc. ( PCM ) as an investment option at its current market price. Last year, I reiterated caution on PCM due to the fund's rising premium, and this outlook remains consistent today. The fund has rallied off its March low, b...

With the May PIMCO coverage figures out on Wednesday, we take this opportunity to follow-up on our previous article on PIMCO muni CEFs to quickly touch on the action in the broader suite of funds. Investors who don't play in the PIMCO space should still hopefully find this article relevant. In...

(This report was issued to members of Yield Hunting on May 26th.) Branding matters. Think of this. In the 1980s, PepsiCo ( PEP ) began running commercials with The Pepsi Challenge, where people would try two colas as a taste test and select which they liked better. Not surprisingly, Pepsi ...

Author's note: This article was initially released on May 15, 2020 and data are from that date. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end ...

Scott Mather, CIO U.S. Core Strategies, discusses performance differences amid core bond funds, and how a focus on quality, liquidity and diversification has helped PIMCO Total Return provide portfolio ballast in this crisis. Scott Mather: The Global health crisis has resulted in wide...