PCN News and Press, Pimco Corporate & Income Strategy Fund From 07/11/22

The PIMCO Corporate & Income Strategy Fund invests in multiple segments of the US and International Fixed Income markets. PCN is one of five CEFs that PIMCO classifies as Corporate despite it investing in other sectors of the market. The CEF is reviewed in-depth here to understand...

0 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Commodities lead while MLPs lag. MLPs are the most discounted CEF sector. For further details see: Weekly Closed-End Fund Roundup: June 19, 2022

Price is what you pay, value is what you get. In the case of CEFs, price and value rarely coincide. In fact, as we know, CEFs may price at a premium or at a discount to the value of their assets. Why this happens remains a mystery, but one that we have to deal with every time ...

We last touched on this stellar group of closed-end funds in the fall of 2021. However, so much has changed since that time; I wanted to revisit to look at distribution coverage and the likelihood they remain stable payers. The good news so far, the same six funds remain in this u...

Investing is simple: you just need to find quality titles, buy those titles at the lowest possible price, and keep them for the long term. Easy to say but not to do, at least for me, because I rank these steps in increasing order of difficulty. In this article I will describe, fro...

My financial assets are divided into three distinct income portfolios, which I named with the Florentine sobriquets of Cupolone, Giotto and Masaccio. The first two, Cupolone and Giotto, contain securities paying monthly distributions and are focused on CEFs, ETFs, and ETNs. Masacc...

While primarily focused on CEFs, my investment portfolio also includes ETFs/ETNs and some individual stocks in order to broaden the range of sectors covered. It currently consists of 32 securities, divided into three distinct groups, each with a different investment strategy. Afte...

PDI is a diversified fixed income closed end fund managed by PIMCO. Following a merger with PCI and PKI, two similar funds from PIMCO, PDI is approaching the end of its first full quarter as a combined vehicle. Performance has been rough due to emerging and materializing risk fact...

This is one way closed-end funds can grow their total share count, contrary to the "closed" part of their structure. When utilizing a dividend reinvestment plan or DRIP, it is generally a win-win-win scenario for all involved. Many DRIPs are implemented in the same manner, with th...

Nobody begins an investment career with a fully-formed philosophy; it’s an achievement you can only realize after being exposed to life’s lessons. Twelve years ago, while “playing in the stock market,” I found myself overbalanced on natural gas but was save...