MARKET

PCN

PCN

PIMCO Corporate & Income Strategy
NYSE
13.93
+0.06
+0.43%
Closed 17:32 03/27 EDT
OPEN
13.88
PREV CLOSE
13.87
HIGH
13.93
LOW
13.88
VOLUME
225.28K
TURNOVER
0
52 WEEK HIGH
14.48
52 WEEK LOW
10.24
TOTAL ASSET
633.93M
YTD YIELD
18.65%
1D
5D
1M
3M
1Y
5Y
Weekly Report: what happened at PCN last week (0318-0322)?
Weekly Report · 2d ago
PIMCO Update Feb 2024 | PDX Makes The Move, Valuations Remain Rich
Funds rely on at-the-market offerings and capital gains to make up for earnings shortfalls and maintain distributions. Coverage levels for taxable funds declined in January due to the falling value of the dollar. Net investment income production has been declining for several years, leading to potential distribution cuts and overvalued NAVs.
Seeking Alpha · 6d ago
PCN: Good Bond CEF With Fully-Covered Distribution, But Huge Premium Is Problematic
The PIMCO Corporate & Income Strategy Fund offers a competitive 9.88% distribution yield. The closed-end fund has underperformed the Bloomberg U.S. Aggregate Bond Index over the past six months. The fund appears to be fully covering its distribution, but the fund is trading at an enormous premium to net asset value.
Seeking Alpha · 03/20 20:28
My 9% Income Portfolio - Harmony In Investment
Seeking Alpha · 03/19 03:34
PIMCO Dynamic Income Strategy Fund (PDX): New And Improved, Still Among Best-Performing CEFs
PIMCO Dynamic Income Strategy Fund (PDX) has been the No. 1 CEF performer over the last few years. The PIMCO fund trades at a wide -13.3% discount, the lowest valuation of all the PimCO funds. PDX will soon become the newest member of the PIM CO multi-sector bond CEF club.
Seeking Alpha · 03/18 14:45
Weekly Report: what happened at PCN last week (0311-0315)?
Weekly Report · 03/18 09:29
Weekly Report: what happened at PCN last week (0304-0308)?
Weekly Report · 03/11 09:28
PIMCO CEF Update: Performance Reversal And New Swap Shenanigans
PIMCO has reduced its leverage in taxable funds. The performance of CMBS-overweight funds has reversed this year, outperforming other funds in the suite. Coverage for muni funds has improved but taxable coverage fell slightly. PIMCO increased its swap portfolio to generate more income without taking on credit risk.
Seeking Alpha · 03/08 13:24
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Profile
Fund Name
PIMCO Corporate & Income Strategy
Inception Date
2001-12-21
Benchmark
ICE BofA US HY TR USD
Advisor Company
Pacific Investment Management Company LLC
Custodian
State Street Bank and Trust Co
Manager
Alfred Murata, Mohit Mittal