PCN: Inflation Brings Downside Risks [Seeking Alpha]
Pimco Corporate & Income Strategy Fund (PCN)
US:NYSE Investor Relations:
pimco.com/en-us/investments/closed-end-funds/corporate-income-opportunity-fund
Company Research
Source: Seeking Alpha
Investing Group Leader Follow Play 27min Summary PIMCO Corporate & Income Strategy Fund offers a high yield of 9.44%, outperforming peers and providing substantial income for investors. Inflation poses risks to bond funds like this one, potentially impacting the fund's future performance and distribution sustainability. Long-term interest rates rose last week, which could suggest that the market is starting to doubt the "victory over inflation" narrative. PCN fully managed to cover its distribution during the most recent year and has been covering since July. The fund's recent portfolio adjustments and low leverage enhance its risk-reward profile, but its 19.37% premium to NAV is a significant drawback. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » Anthony Bradshaw The PIMCO Corporate & Income Strategy Fund NYSE: PCN ) is a closed-end fund that investors c
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Sec Filings
- 12/10/24 - Form 3
- 11/27/24 - Form NPORT-P
- 9/23/24 - Form N-CSR/A
- PCN's page on the SEC website