This article was originally published on November 2, 2019. The market and NAV prices have been updated and, subsequently, the discount also reflects this change.
PIMCO Energy And Tactical Credit Opportunities Fund (NRGX) was launched earlier this year. The fund has a focus on the energy space and is the first PIMCO CEF to target this sector solely. Although, PIMCO isn't new to the equity space as they have other CEF and mutual fund offerings that delve into the asset class. However, PIMCO is generally known for its quasi-expertise in the fixed-income space