PIMCO Access Income Fund

PCM Fund

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

Pimco Global Stockplus & Income Fund

PIMCO Corporate & Income Opportunity Fund

PIMCO Strategic Income Fund Inc

We provide an August update for the PIMCO CEF taxable suite. Coverage remained steady at nearly 70% on average for taxable funds. Borrowings ticked higher but remain in a six-month range.

PIMCO CEF Update: Key Tidbits From The Shareholder Report

PIMCO taxables have stagnant coverage levels and face potential distribution cuts, making them a risky investment. PIMCO muni CEF coverage remains weak and UNII levels are falling, indicating possible distribution cuts in the future. PDI and PAXS have seen a decline in price, bringing them closer to fair value, but NAV downtrends and low coverage pose additional risks.

PIMCO August 2023 Report | Valuations Come Back Down But Still Not Compelling

Pimco California Municipal Income Fund II

Pimco California Municipal Income Fund

Pimco High Income Fund

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco Municipal Income Fund III

Pimco New York Municipal Income Fund

Pimco New York Municipal Income Fund II

Pimco New York Municipal Income Fund III

Pimco California Municipal Income Fund III

NEW YORK, Sept. 01, 2023 (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 2, 2023 to shareholders of record on September 11, 2023, with an ex-dividend date of September 8, 2023.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

BlackRock Credit Allocation Income Trust

MFS High Yield Municipal Trust

DoubleLine Income Solutions Fund

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance

Flaherty & Crumrine Total Return Fund Inc

Blackrock Floating Rate Income Strategies Fund Inc

Nuveen Floating Rate Income Fund

Deutsche Strategic Municipal Income Trust

Nuveen Dynamic Municipal Opportunities Fund

Nuveen Municipal Credit Opportunities Fund

Nuveen Municipal Income Fund Inc

Nuveen Select Tax-Free Income Portfolio

Nuveen Municipal Credit Income Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

Putnam Master Intermediate Income Trust

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Western Asset Premier Bond Fund

Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.

CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best

Western Asset Mortgage Opportunity Fund

Nuveen Mortgage Opportunity Term Fund

Western Asset Diversified Income Fund

We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very expensive auction-rate preferreds.

PIMCO CEF Update: ARPS Go On The Chopping Block

Investors are in desperate need of income today to maintain their standard of living in the current inflationary environment. PIMCO Access Income Fund invests in a highly leveraged portfolio of bonds to deliver a high yield to its shareholders. There could be a lot of downside risk here if the Federal Reserve stands firm on interest rates.

PAXS: Investors May Be Too Optimistic About This Levered Bond Fund

NEW YORK, July 03, 2023 (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, 2023 to shareholders of record on July 13, 2023, with an ex-dividend date of July 12, 2023.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

We provide an April update for the PIMCO CEF taxable suite. PIMCO taxable CEFs deleveraged slightly as total borrowings fell below their February level to a new low. Six-month rolling coverage deflated further while three-month coverage was relatively stable. We expect six-month coverage to stabilize going forward.

PIMCO CEF Update: How Low Can Coverage Go?

AGNC Investment

Dynex Capital

Ellington Residential Mortgage REIT

Eagle Point Credit

Ellington Financial

Franklin International Aggregate Bond ETF

Gladstone Commercial

Modiv

Neuberger Berman High Yield Strategies Fund Inc

Orchid Island Capital

Sabine Royalty Trust

SL Green Realty

Solar Capital

Credit Suisse X-Links Silver Shares Covered Call ETN

Simplify Volatility Premium ETF

Yieldmax Tsla Option Income Etf

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These May U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (83); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.56% (80).

83 Monthly-Paying Dividend Stocks And 80 Funds For May

Investors are desperately in need of additional income to maintain their lifestyles in the face of the highest inflation that we have seen in more than forty years. PAXS invests in a portfolio of bonds and then applies a significant amount of leverage to boost its yield.

PAXS: A High-Risk, High-Reward Bond CEF

PIMCO CEF Update: What's Ailing PDI?

We provide a February update for the PIMCO CEF taxable suite. Taxable CEFs continued to deleverage despite NAVs largely holding steady through February, possibly as a result of a low level of net income generated by leveraged assets.

PIMCO CEF Update: Bad But Not As Bad As It Looks

Last month there were doom and gloom articles about PIMCO closed-end funds distribution coverage ratios having decreased steadily over the past six months. Did this portend payout cuts?

Good News! PIMCO Funds Reverse Distribution Coverage Decline In February

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Warren Buffett's Secret For A Rich Retirement

We provide a January update for the PIMCO CEF taxable suite. Taxable and Muni funds continued to deleverage in January despite rising NAVs - in effect PIMCO is deleveraging over and above what is already done by NAVs.

PIMCO CEF Update: Rolling Horror Show

Shares of PAXS look to be trading rangebound and I have moved it onto my watchlist. The $15 level is critical as PAXS has bounced off of it several times already. I want to see if the next leg down stays under $15 for a significant period.

PAXS: 10.46% Yielding Access Income Fund From PIMCO Is On My Watchlist

ARMOUR Residential REIT

ETRACS Monthly Pay 1.5X Leveraged Closed End Fund Index ETN

ETRACS Monthly Pay 1.5X Leveraged Mortgage REIT ETN

ProShares K-1 Free Crude Oil Strategy ETF

Oxford Square Capital

PennantPark Floating Rate Capital

San Juan Basin Royalty Trust

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN

Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300% or more! These February U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by-yield 101); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.69% (80).

102 Monthly Paying Dividend Stocks And 80 Funds For February

Angel Oak Financial Strategies Income Term Trust

The income market has rallied strongly over the past couple of months. We highlight securities that have lagged the rally and offer an opportunity in the current environment.

These 8%+ Yielding Income Pockets Remain Attractive Post-Rally

First Trust Intermediate Duration Preferred & Income Fund

Nuveen Quality Municipal Income Fund

Nuveen Intermediate Duration Municipal Term Fund

Nuveen Intermediate Duration Quality Municipal Term Fund

We review CEF market valuation and performance through the first week of February and highlight recent market action. CEFs notched another good week with EM sectors underperforming.

CEF Weekly Review: Unleveraged CEF Income Is Holding Up

We provide a December update for the PIMCO CEF taxable suite. Most funds deleveraged further while PDO added borrowings.

PIMCO CEF Update: Deleveraging And Swaps Take A Toll On Income

PIMCO finally did it. They chopped the muni CEF distribution by up to 45%. PCQ was the biggest risk as it was trading at a ridiculous 45% premium to NAV going into the cut.

PIMCO Muni CEFs (Finally) Re-Rate For The New Environment

We provide a November update for the PIMCO CEF taxable suite. Taxable PIMCO CEFs continued to deleverage in November, bringing the average leverage level of the suite to its lowest in over a year.

PIMCO CEF Update: Coverage Continues To Fall Plus Recapping Our Strategy

PIMCO Access Income Fund invests in a portfolio of bonds in order to provide its investors with an incredibly high current income. Bond prices were pressured this year due to the Federal Reserve's rising interest rate policy, which has had an impact on the closed-end fund's share price.

PAXS: This PIMCO Fund Is Looking Like A Worthy Buy

Western Asset/Claymore Inflation-Linked Securities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund

We review closed-end fund market valuation and performance through the first week of December and highlight recent market action. CEFs had a strong week, with all sectors seeing positive total NAV returns.

CEF Weekly Review: Factors Behind Higher CEF Yields This Year

NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a special year-end distribution for each Fund's common shares as summarized below. The distributions are payable on December 22, 2022 to shareholders of record on December 15, 2022, with an ex-dividend date of December 14, 2022. In addition to the regular monthly dividends, these special year-end distributions are being paid to allow the Funds to meet its 2022 distribution requirements for federal excise tax purposes. The Fund's total distributions will be taxable to shareholders in 2022.

PIMCO Closed-End Funds Declare Special Year-End Distribution

News for PIMCO Access Income Fund ETF (PAXS)