PCN News and Press, Pimco Corporate & Income Strategy Fund From 11/24/23

2023-11-24 10:00:00 ET Summary If you're a big-yield contrarian investor, the 9.2% yield Duff & Phelps Utility and Infrastructure Fund stands out like a sore thumb, as compared to 25 other top big yielders. Specifically, the fund has gotten slammed by its out-of-favor utilitie...

2023-11-13 08:00:00 ET Summary PIMCO taxable CEFs previously had high valuations, but now discounts are appearing across most funds. Leverage changes have been negative, with most funds reducing leverage by 20% to 40%+. My inclination is to favor PHK and PDI here, given the NA...

2023-10-25 13:20:08 ET Summary The PIMCO Corporate & Income Strategy Fund has experienced a significant drawdown, opening up a potential value gap. The fund's portfolio is diversified across various corporate sectors, presenting investors with exposure to credit risk premiums,...

2023-10-10 14:22:12 ET Summary PIMCO Income Strategy Fund II offers a high yield of 12.90%, but this may indicate a potential distribution cut in the future. The PFN closed-end fund's performance has been lackluster, with a decline of 4.71% since July. Investors also lost money ev...

2023-09-29 00:46:46 ET Summary We provide an August update for the PIMCO CEF taxable suite. Coverage remained steady at nearly 70% on average for taxable funds. Borrowings ticked higher but remain in a six-month range. We highlight some interesting tidbits from the latest ...

2023-09-28 13:56:32 ET Summary PIMCO Income Strategy Fund offers a high current yield of 12.92%, but the market suggests it may be unsustainable in the future. The PFL closed-end fund's performance has been poor, falling 7.69% since July 2023, but still outperformed the S&P 50...

NEW YORK, Sept. 20, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN), PIMCO California M...

2023-09-18 17:39:12 ET Summary The PIMCO Corporate & Income Strategy Fund offers a high level of income with a 9.83% yield. The fund has performed well in the market, but there are concerns about the market's optimism on bonds and interest rates. The fund's shares appear t...

2023-08-22 01:23:37 ET Summary Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing in CEFs and ETFs, plus some “flirtations...

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN), PIMCO California Mu...