PFL News and Press, PIMCO Income Strategy Fund Shares of Beneficial Interest From 11/08/21

PIMCO Income Strategy Fund (NYSE:PFL) declares $0.0814/share monthly dividend, in line with previous. Forward yield 8.58% Payable Dec. 1; for shareholders of record Nov. 12; ex-div Nov. 10. See PFL Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: PIMCO In...

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead while convertibles lag. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: October 3, 2021

Three out of 23 CEF sectors positive on price and six out of 23 sectors positive on NAV last week. GOF/GGM/GPM merger has been approved. RIV announces a new rights offering. For further details see: Weekly Closed-End Fund Roundup: Sept. 26, 2021

Major indices hit record highs again this week with mid-caps joining large-cap at all-time highs. August was the seventh consecutive month of gains for the S&P. Discounts widened for the third straight week with taxables going from 2.21% on August 15 to +0.68% on September 5. Whil...

Three PIMCO closed-end funds recently cut their dividends, causing some analysts to state that the resulting selloff is a buying opportunity. The cuts by themselves don't necessarily imply further downside for the funds, but potentially increasing interest rates and high-yield spreads...

PIMCO trimmed distributions on their 3 taxable funds: PTY, PFL and PFN echoing a different trio cut in 2020. We put the cuts in the context of our distribution vulnerability framework and what investors should focus on going forward. We also highlight the most recent shareholder r...

PIMCO Funds have a history of exceptional performance. Three funds just announced distribution cuts. We examine this event in light of our thesis to avoid these like the bubonic plague. For further details see: PTY, PFL And PFN: It Is Only A Flesh Wound, So Far

NEW YORK, Sept. 01, 2021 (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 di...

Funds at the largest discounts don't necessarily make great investments, with several of the deepest discounted funds worth avoiding. Similarly, funds at large premiums don't necessarily make terrible investments either. One should consider other factors before buying or selling a...

PIMCO Income Strategy Fund has provided steady income in good times and bad. We look at the current macro environment for generating high yields. Alongside the challenge of squeezing blood from stone, the fund also faces a second headwind. We would stay out at present. F...