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

Coverage rebounded in September as the dollar rallied off the interim lows. We take a hard look at what the dollar is doing so far in October to forecast ratios. The PIMCO muni funds look fundamentally the healthiest they have been for many years now. The average coverage ratio is 106...

NAVs in the non-agency mortgage space continue to recover as the underlying securities slowly inch back to prior levels. It will take time - likely another six to 18 months before many of these NAVs recover to pre COVID-19 levels. Opportunistically buying during the volatility wil...

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We take a look at the August coverage figures alongside the annual shareholder reports. If you were confused by the July coverage figures, you're going to hate the August report sequel. The circumstances around the strange income levels over the past 2 months suggest that they are...

It seems that again the UNII report was affected by the fall in the US dollar which further reduced coverage ratios. So far in September, the dollar is up moderately, indicating that a rebound in coverage ratios is highly probable. PIMCO muni CEFs are for the first time in a long ...

Co-produced with Beyond Saving We recently wrote an article " Juicing Your Retirement Yield With CEFs " where we discussed the power of CEFs to provide your portfolio with a high-level of current income. One of the CEFs we highlighted in that article was the PIMCO Dynamic Credit Income ...

NEW YORK, Aug. 03, 2020 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The dis...

Author's note: This article was released to members of CEF/ETF Income Laboratory on July 21. Please check latest data before investing. Dear CEF/ETF Income Laboratory members, I would like to welcome the new members who have joined us recently. Newer members should check out the " Gett...

All day long the equity indexes roll across the screen. Buy this stock. Sell that stock. You would think most days that equities are the only market in existence. Back in March the headlines were awash with 10%, 25% and 50% corrections coming. Now, in the financial press, you might think that ...

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 ...