PGP: Still A Mixed Bag, But High Yield Should Support Share Price [Seeking Alpha]
Pimco Global Stocksplus & Income Fund Pimco Global StocksPlus & Income Fund Common Shares of Beneficial Interest (PGP)
US:NYSE Investor Relations:
pimco.com/en-us/investments/closed-end-funds/global-stocksplus-income-fund
Company Research
Source: Seeking Alpha
PGP: Still A Mixed Bag, But High Yield Should Support Share Price Main Thesis The purpose of this article is to evaluate the PIMCO Global StocksPLUS & Income Fund ( PGP With this in mind, PGP could offer risk-taking investors a decent entry point. While the fund's premium suggests those interested in preserving capital should probably avoid it, investors driven primarily for high current income could find some value. The fund's yield sits above 9%, which should continue to draw interest. Furthermore, while the premium is rich, PGP has a history of trading much higher than its current value. This tells me the yield will probably support the share price for the time being. Finally, PGP is currently receiving interest of 12.5% on notes through the Spanish Broadcasting System, Inc. ( OTCQB:SBSAA Background First, a little about PGP. The fund's objective Seeking Alpha As you can see, this short-term drop has been quite painful, and provides confirmation that this fund is only suitable for
Show less
Read more
Impact Snapshot
Event Time:
PGP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PGP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PGP alerts
High impacting Pimco Global Stocksplus & Income Fund Pimco Global StocksPlus & Income Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
PGP
Sec Filings
- 12/10/24 - Form 3
- 11/27/24 - Form NPORT-P
- 9/23/24 - Form N-CSR/A
- PGP's page on the SEC website