PCM

  This morning 792 companies reached new 52-week highs.

PCM Fund (PCM) declares $0.08/share monthly dividend, in line with previous.Forward yield 8.07%Payable June 1; for shareholders of record May 13; ex-div May 12.See PCM Dividend Scorecard, Yield Chart, &

Fitch Downgrades One Class of BSCMSI 2005-PWR7

NEW YORK, April 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...

NAVs in the non-agency mortgage space continue to recover as the underlying securities slowly inch back to prior levels.It will take time - likely another six to 18 months before many of these NAVs recover to pre COVID-19 levels.Opportunistically buying during the volatility will remain a key investment driver going forward as the sector as a whole is near fair value.We like DMO, PDI, and IHIT best.We also check in on some of the open-end fund options.

PTY has proven to be one of the best fixed-income CEFs ever.Complexity creates opportunity and today's fixed-income market is full of it.There are plenty of hazards for retail investors.

We take a look at the August coverage figures alongside the annual shareholder reports.If you were confused by the July coverage figures, you're going to hate the August report sequel.The circumstances around the strange income levels over the past 2 months suggest that they are not driven by normal market factors but by discretionary portfolio decisions.Our view remains that forward-looking indicators such as borrowing levels, leverage costs and sensitivity to floating-rate instruments are a better gauge of fund earnings than disclosures.We once again like PKO here due to its high leverage, low fee among the high-leverage cohort, attractive premium and more sustainable distribution rate.