PCN
PIMCO Corporate & Income Strategy FundPCN
PCN
About: PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income with capital appreciation as a secondary objective. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
8% more funds holding
Funds holding: 88 [Q3] → 95 (+7) [Q4]
7% more capital invested
Capital invested by funds: $120M [Q3] → $128M (+$8.49M) [Q4]
0.54% less ownership
Funds ownership: 20.52% [Q3] → 19.98% (-0.54%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PCN.
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, April 01, 2025 (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 May 1, 2025, to shareholders of record on April 11, 2025, with an ex-dividend date of April 11, 2025.
Neutral
Seeking Alpha
1 month ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
Neutral
Seeking Alpha
1 month ago
PCN: Making Smart Moves, But Still Very Expensive
The PIMCO Corporate & Income Strategy Fund offers a high 9.93% yield, and outperformed major fixed-income indices and peers in total return over the past five years. Rising inflation and a potential economic slowdown suggest that bonds may not be the best holding for an investor today. The fund's recent risk-off strategy and reduced corporate bond exposure reflect a cautious approach amid market turbulence and economic uncertainties.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 03, 2025 (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 April 1, 2025 to shareholders of record on March 13, 2025, with an ex-dividend date of March 13, 2025.
Negative
Seeking Alpha
2 months ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Positive
Seeking Alpha
2 months ago
My 9.5% Income Portfolio-Like Mosaic Tiles
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Dollar-Cost Averaging (DCA), a form of investing a constant amount at regular intervals. However, initiating a plan to buy stocks according to the logic of DCA presupposes awareness of the fluctuations in financial markets and their psychological implications.
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Feb. 03, 2025 (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 March 3, 2025 to shareholders of record on February 13, 2025, with an ex-dividend date of February 13, 2025.
Neutral
GlobeNewsWire
3 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Jan. 02, 2025 (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 February 3, 2025 to shareholders of record on January 13, 2025, with an ex-dividend date of January 13, 2025.
Positive
Seeking Alpha
3 months ago
My 9.5% Income Portfolio: Better With Less, But Better
Risk is the probability of a negative event in the future. An abstract concept that is not measurable; otherwise it would not be risk. Ascertaining value is the first step in controlling risk, that is, in reducing the possibility of incurring losses that cannot be predicted in advance. My choice to invest in securities with positive NAV performance over time is a way to try to control risk.
Neutral
Seeking Alpha
4 months ago
PIMCO CEF Update: Muni CEF Coverage Mystery Is Solved, Sort Of
PIMCO Muni CEF distribution coverage levels have sharply fallen to around 80%, correcting previously inflated figures likely due to calculation errors. Taxable PIMCO CEFs delivered strong returns, with PAXS and PDO benefiting from the CMBS market recovery, and PGP supported by its equity sleeve. Further NAV falls may pressure future distributions due to lack of retained income.
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