PFL

PIMCO Income Strategy Fund
PFL

$8.50

0.12%

Market Cap: $301M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4% less capital invested

Capital invested by funds: $37.7M [Q1] → $36.3M (-$1.37M) [Q2]

2% less funds holding

Funds holding: 60 [Q1] → 59 (-1) [Q2]

4.85% less ownership

Funds ownership: 17.55% [Q1] → 12.7% (-4.85%) [Q2]

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

16% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 19

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Research analyst outlook

We haven’t received any recent analyst ratings for PFL.

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Financial journalist opinion

PIMCO CEF Update: PDX Not In A Hurry To Be A Credit Fund

We take a look at the coverage and performance metrics of the PIMCO CEF suite. Distribution coverage for PIMCO CEFs is increasing, especially in the Municipal fund suite. PDX fund remains heavily allocated to energy and equities, despite initial strategy shift expectations.

PIMCO CEF Update: PDX Not In A Hurry To Be A Credit Fund

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Sept. 03, 2024 (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 distributions are payable on October 1, 2024 to shareholders of record on September 13, 2024, with an ex-dividend date of September 13, 2024.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Aug. 01, 2024 (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 distributions are payable on September 3, 2024 to shareholders of record on August 12, 2024, with an ex-dividend date of August 12, 2024.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PFL: No Rush To Own This PIMCO CEF

The CEF seeks high current income with a diversified portfolio of floating and fixed-rate debt instruments, with a forward yield of over 12%. PIMCO Income Strategy Fund should benefit from potential Federal Funds Rate decrease through increased holdings value and lower leverage costs. The CEF is reviewed in depth, which resulted in its getting a Hold, leaning toward Sell rating.

PFL: No Rush To Own This PIMCO CEF

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, July 01, 2024 (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 distributions are payable on August 1, 2024 to shareholders of record on July 11, 2024, with an ex-dividend date of July 11, 2024.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO Update May 2024 - PDX Levers Up

Coverage on PIMCO CEFs improved, with muni CEF coverage ratio up 9 points to 89% and taxable CEFs up over 20 points to 84.6%. Leverage changes varied among funds, with some cutting borrowing significantly while others increased leverage. NAVs for PIMCO CEFs showed positive trends, with some funds performing better over the past year than others.

PIMCO Update May 2024 - PDX Levers Up

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, June 03, 2024 (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 distributions are payable on July 1, 2024 to shareholders of record on June 13, 2024, with an ex-dividend date of June 13, 2024.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PIMCO CEF Update: Income Volatility And Yield Curve Risk

We take a look at coverage, leverage, and performance metrics of the PIMCO CEF suite. Taxable and Muni PIMCO CEF coverage diverge further in March, with average taxable coverage at new lows over the last 12 months. Leverage levels across the PIMCO taxable suite remain subdued, reflecting the lack of compelling opportunities in the credit market.

PIMCO CEF Update: Income Volatility And Yield Curve Risk

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, May 01, 2024 (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 distributions are payable on June 3, 2024 to shareholders of record on May 13, 2024, with an ex-dividend date of May 10, 2024.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

PFL: After A Big Run, I'd Be More Cautious Here (Rating Downgrade)

The article evaluates the PIMCO Income Strategy Fund as an investment option at its current market price. This fund has performed extremely well since my buy rating, but I believe a more moderate stance is the right call going in to Q2. I see challenges for high yield credit and non-US debt. PFL is overweight both.

PFL: After A Big Run, I'd Be More Cautious Here (Rating Downgrade)

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