PAXS
PIMCO Access Income FundPAXS
PAXS
About: PIMCO Access Income Fund is a non-diversified, limited-term, closed-end management investment company. The fund seeks current income as an objective and capital appreciation as a secondary objective. It achieves the investment objectives by utilizing a dynamic asset allocation among multiple sectors in the public and private credit markets, including corporate debt.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
15% more funds holding
Funds holding: 47 [Q2] → 54 (+7) [Q3]
2.94% less ownership
Funds ownership: 24.97% [Q2] → 22.02% (-2.94%) [Q3]
7% less capital invested
Capital invested by funds: $174M [Q2] → $161M (-$12.5M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PAXS.
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 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 January 2, 2025 to shareholders of record on December 12, 2024, with an ex-dividend date of December 12, 2024.
Positive
Seeking Alpha
1 month ago
PAXS: Yields Over 11% And Looks More Enticing As Rates Decline
The current macroeconomic environment, with ongoing rate cuts and a pro-growth administration, is favorable for fixed-income markets, making PAXS a strong income investment. PAXS has generated a total return of 11.91% since March, with 9.07% from distributions, despite a modest share price appreciation. Risks include potential changes in the Fed's rate policy and the possibility that PAXS may not maintain its current distribution level.
Positive
Forbes
1 month ago
The 11%-Yielder To Buy On President Trump's Victory
Immediately after President-Elect Donald Trump won his second term last week, the US dollar surged, while US Treasuries fell.
Positive
Forbes
1 month ago
These Closed-End Funds Pay $1,000 A Month On Every $100K Invested
I can't tell you how many times I've mentioned closed-end funds (CEFs) to investors and been met with blank stares in return.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Nov. 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 December 2, 2024 to shareholders of record on November 12, 2024, with an ex-dividend date of November 12, 2024.
Positive
24/7 Wall Street
1 month ago
These 10 Dividend Stocks Are Generating $520 In Dividend Income Every Month
According to
Positive
Seeking Alpha
2 months ago
PIMCO Update | Sept 2024 | Muni Coverage Jumps (Maybe), Taxables See Significant ATM Benefit
The best taxable closed-end funds are PHK, PFN, and at slightly cheaper valuations, PDI and PCN; best munis are PMF, NY funds, and PCK in CA. Distributions are safe due to funds monetizing premiums via at-the-market offerings, supplementing net investment income. Coverage ratios for muni CEFs may be overstated; future UNII reports will clarify the impact of new leverage costs.
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Oct. 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 November 1, 2024 to shareholders of record on October 11, 2024, with an ex-dividend date of October 11, 2024.
Positive
Seeking Alpha
3 months ago
PAXS: Analyzing Recent Changes For This Highly Levered Bond Fund
The PIMCO Access Income Fund offers a high yield of 11.24%, appealing to income-focused investors despite its high leverage and current premium valuation. The fund primarily invests in fixed-income securities, benefiting from recent interest rate cuts, but faces limited upside due to already priced-in rate cuts. Despite a modest share price increase, the fund's total return of 3.57% over the past two-and-a-half months is competitive, especially considering its high yield.
Neutral
GlobeNewsWire
3 months ago
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.
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