PFN News and Press, PIMCO Income Strategy Fund II

2024-07-31 17:36:32 ET Summary PIMCO Income Strategy Fund II offers a high yield of 11.98%, above the median for similar funds. The PFN closed-end fund has underperformed the domestic bond indices over the past few weeks, as well as over longer periods of time. The fund is pos...

2024-07-30 11:36:07 ET Summary Nuveen Credit Strategies Income Fund offers a high level of current income with an attractive 11.47% yield. The fund invests in senior loans, high-yield corporate debt, and collateralized loan obligation debt, with a focus on floating-rate securities...

2024-06-14 07:00:00 ET Summary Coverage on PIMCO CEFs improved, with muni CEF coverage ratio up 9 points to 89% and taxable CEFs up over 20 points to 84.6%. Leverage changes varied among funds, with some cutting borrowing significantly while others increased leverage. NAVs for...

2024-05-24 01:27:47 ET Summary PIMCO's Corporate and Income Opportunity Fund has a long-track record of success in paying big monthly distributions and maintaining its net asset value relative to other CEFs. However, investors should pay close attention to their individual tax sit...

2024-05-09 22:43:11 ET Summary PIMCO Income Strategy Fund II has underperformed its peers, including ETFs and other CEFs, during the recent monetary tightening cycle. This is attributed to poor individual security selection. The fund has a large allocation to common stocks/rights/...

2024-05-08 13:41:04 ET Summary We take a look at coverage, leverage, and performance metrics of the PIMCO CEF suite. Taxable and Muni PIMCO CEF coverage diverge further in March, with average taxable coverage at new lows over the last 12 months. Leverage levels across the PIMC...

2024-05-06 12:15:00 ET Summary While many investors love PIMCO's Dynamic Income Fund because of its big monthly distributions (13.7% yield), others have been very traumatized by recent share price volatility and declines. We review the distribution and price volatility sources, th...

2024-05-03 13:44:00 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...

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN) and PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) (each, a “...

2024-04-13 21:40:00 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...