PCN News and Press, Pimco Corporate & Income Strategy Fund From 09/12/20

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 ...

Coverage and UNII Update The new report came out with a lot of questions surrounding the low coverage ratios. It led to a significant sell off in some of the funds: PIMCO Income Opp ( PKO ): -2.66% PIMCO Dynamic Income ( PDI ): -1.58% PIMCO Dynamic Credit & Mort ( PCI ): -0.63%...

Main Thesis The purpose of this article is to evaluate the PIMCO Corporate & Income Strategy Fund ( PCN ) as an investment option. This is a fund I was cautious on as the market recovery got underway, and its performance has exceeded expectations. With equity and fixed-income markets ben...

Author's note: This article was released to CEF/ETF Income Laboratory members on August 11, 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] sectors i...

Author’s note: this article was released to members of CEF/ETF Income Laboratory on August 3, 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]...

I’ve Got a Dream “On September 20, 1973, the day before the lead single from his fifth album, I Got a Name , was released, Croce, along with five others, was killed in a plane crash at the height of his popularity. Croce's music continued to chart throughout the 1970s follo...

Author’s note: This article was released to members of CEF/ETF Income Laboratory on July 27, 2020. Please check latest data before investing. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 50...

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...

If there was any doubt about the intention and ability of PIMCO CEF to generate strong earnings going forward, it was partly put to rest with the strong level of borrowing activity in June. Taxable CEFs added $332m in leverage outstanding - by far the biggest monthly figure this year. Although...