PGP News and Press, Pimco Global Stocksplus & Income Fund StocksPlus & Income Fund of Beneficial Interest From 01/25/24

2024-01-25 13:00:27 ET Summary We provide an update for the PIMCO CEF suite. Coverage for PIMCO CEFs saw marginal declines for Muni funds and remained nearly flat for taxable funds. Borrowing and leverage levels remained fairly steady. We take a look at last year's total N...

2024-01-21 08:36:00 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...

2023-12-22 07:00:00 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...

2023-11-13 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...

2023-09-29 00:46:46 ET Summary We provide an August update for the PIMCO CEF taxable suite. Coverage remained steady at nearly 70% on average for taxable funds. Borrowings ticked higher but remain in a six-month range. We highlight some interesting tidbits from the latest ...

2023-07-22 02:06:41 ET Summary PIMCO Global StocksPLUS and Income Fund has underperformed in the last decade, with its share price down 65% and total return down 4.52%, despite its goal of generating an 8-10% dividend yield. The fund has a history of cutting dividends, with the cu...

NEW YORK, July 03, 2023 (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 distribut...

NEW YORK, June 16, 2023 (GLOBE NEWSWIRE) -- Pacific Investment Management Company LLC (“PIMCO”), the investment manager of PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP), a closed-end fund (“PGP” or the “Fund”), has entered into a settlement ...

2023-05-18 11:53:05 ET Summary 6 out of 22 CEF sectors positive on price and 10 out of 22 sectors positive on NAV last week. XFLT boosts distribution by +16.44%. Distribution level highest since inception in 2017. Author’s note: This article was released to CEF/...

2023-04-26 13:55:48 ET Summary We tend to avoid funds when they trade at significantly outsized premiums. PCM is pushing near all-time high premiums in an area of the market that is susceptible to performing poorly in a bad economy. Due to an excessive premium, the distributio...