PGP News and Press, Pimco Global Stocksplus & Income Fund StocksPlus & Income Fund of Beneficial Interest From 05/03/22

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are HIX, EMD, and DLY. For further details see: The 'High-High-Low' Closed-End Fund Re...

We had another down week nearly across all asset classes with the markets shedding nearly 3% and the Nasdaq nearly 4%. Fixed income was also down. Nothing worked. Yields were up again with the 10-year touching 2.95% on the week but finishing at 2.90%. Oil was down $5 to $101/bl and th...

We take a look at the PIMCO tax-exempt and taxable CEFs and highlight developments in leverage, income, valuation and performance. We also take a look at the changes in the duration profile of the taxable suite in response to shifting interest rates. We continue to see value in PD...

Only funds with coverage >100% are considered. Top DxYxZ funds are DSL, BGH and EHI. Top lists of discount, yield, DxY and DxYxZ are given. For further details see: The Quality Closed-End Fund Report, April 2022

XFLT remains on income investor radars given its double-digit yield and strong performance over the last few years. XFLT is a fund that has come up on the service a few times and in this article we highlight some of the misconceptions investors may hold about it. Overall, we remai...

Only funds with coverage >100% are considered for this quality closed-end fund report. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are KIO, ARDC and DSL. For further details see: The Quality Closed-End Fund Report, March 2022: Attractive Val...

We take a look at the recently released first batch of PIMCO semi-annual taxable shareholder reports. These shareholder reports are useful in addition to the popular monthly income releases for the reasons we discuss in the article. 3 of 4 funds continued their NII downtrend after...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA. For further details see: Quality Closed-End Fund Report, February 2022

We review CEF market valuation and performance through the first week of February and highlight recent market action. CEFs started the week on a strong foot however performance petered out quickly and discounts finished flat while the average sector saw a small rise in the NAV. We...

As a kid, my Dad used to drive Oldsmobiles as his car of choice. Once, we were surprised to look under the hood and see a Chevrolet engine! That's when I realized manufacturers often interchanged identical parts, even though they marketed (and priced) the products quite differently. ...