RCS

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Sept. 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...

Stocks That Hit 52-Week Highs On Tuesday

    Before 10 a.m. ET on Tuesday, 100 stocks hit new 52-week highs.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Aug. 02, 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 dis...

Muni-Bond Hunters Left Empty-Handed With Trading at 16-Year Low

PIMCO Strategic Income Fund declares $0.051 dividend

PIMCO Strategic Income Fund (RCS) declares $0.051/share monthly dividend, in line with previous.Forward yield 7.93%Payable June 1; for shareholders of record May 13; ex-div May 12.See RCS Dividend Scorecard, Yield

Weekly CEF And Market Commentary: Sept. 28, 2020

We go through the dynamic macro picture with lots of moving parts as we culminate with the election in less than 40 days.We discuss the significant movement we saw in the CEF market in the last week, mostly lower, thanks to significant selling.There will be a report out tomorrow on the current CEF market.DMO, PKO, IHIT, PPT, RCS are the most compelling.We analyze the BWG tender offer.

PTY: Safest +9% Yield Cash Machine, Paid Monthly

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.

PIMCO Gives Investors Another Scare

It seems that again the UNII report was affected by the fall in the US dollar which further reduced coverage ratios.So far in September, the dollar is up moderately, indicating that a rebound in coverage ratios is highly probable.PIMCO muni CEFs are for the first time in a long time healthy fundamentally. Just be careful with PCQ and PML.The NAVs and True Coverage Ratio ("TCR") are a better indicator of the health of these funds as they tend to dampen the volatility of their derivative book.We like PDI and RCS best given their cheap valuations.