PFL News and Press, PIMCO Income Strategy Fund Shares of Beneficial Interest From 03/12/24

2024-03-12 13:41:10 ET Summary BlackRock Credit Allocation Income Trust is a debt-focused closed-end fund that boasts a 9.23% current yield. The BTZ closed-end fund claims to invest in a combination of floating-rate and fixed-rate debt, but the portfolio is almost entirely in fixe...

2024-03-08 08:24:22 ET Summary Coverage for PIMCO CEFs has improved for muni funds but fell slightly for taxable funds. PIMCO has reduced its leverage in taxable funds, with PGP and PCN having leverage levels well below the suite's average. The performance of CMBS-overweight f...

NEW YORK, March 01, 2024 (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 distribu...

2023-12-22 04:20:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-12-17 03:57:00 ET Summary The PIMCO Income Strategy Fund II is a popular way for investors to earn a high level of income. The fund yields 12.15% at the current share price, but it failed to cover it in the most recent fiscal year. The fund has been performing very well o...

2023-12-13 07:00:00 ET Summary PIMCO Dynamic Income Strategy replaces NRGX energy fund, offering more flexibility in investment strategy. PDI distribution remains high compared to other funds, supported by at-the-market offerings and a dividend reinvestment plan. Leverage has ...

2023-12-05 12:17:59 ET Summary PIMCO Income Strategy Fund offers a high level of income with a double-digit distribution yield of 11.94%. The PFL closed-end fund's share price has increased by 7.49% in the past two months, outperforming the Bloomberg U.S. Aggregate Bond Index. ...

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...

2023-10-19 14:51:19 ET Summary PDO fund entered the market at a bad time and is now in a tattered state. We examine the current setup from the perspective of pricing, leverage and the macro environment. The fund is diverging from other PIMCO funds like PTY and PFL and this has...

2023-10-01 11:49:38 ET Summary PDI, a fund with poor fundamentals and pricing, has underperformed the S&P 500 and other junk bond ETFs. Despite macro headwinds not playing out, PDI's pricing threw the returns under a bus. We tell you why we are upgrading this one and what ...