PFL News and Press, PIMCO Income Strategy Fund Shares of Beneficial Interest From 12/23/20

PFL's great long-term performance can be interrupted by huge downdrafts such as the nearly 50% loss during the March 2020 COVID crash. The fund has recovered well since March and 1-year total return is now comparable to popular lower-risk index ETF's. The fund's monthly distributi...

We review October leverage figures for the PIMCO taxable suite. We find that fund borrowings decreased slightly, possibly due to already high leverage levels and tightening underlying asset valuations. We also look at the recent outperformance of funds with greater yield curve ste...

Recently, the topic of fund-sponsored DRIPs came up, and the discussion of which brokers offer them and which don't. In the era of $0 commissions, it is important to focus on features that can set brokers apart. It might not be a free puppy, but participating in a fund-sponsored D...

Income investors should look to put there money into closed-end funds (CEFs) rather than ETFs. That's because although there are some ETFs with big dividend yields, like the Global X SuperDividend ETF (SDIV), CEFs like the PIMCO Income Strategy Fund (PFL), Guggenheim Strategic Opportunities Fun...

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 ...

Main Thesis The purpose of this article is to evaluate the PIMCO Income Strategy Fund (PFL) as an investment option at its current market price. PFL is a fund that has struggled over the past year, as riskier, leveraged funds fell out of favor during the Q1 sell-off. However, while PFL has n...

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%...

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...

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...

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 ...