Pimco Global Stockplus & Income Fund

PIMCO Global StocksPLUS Income Fund is a closed-end investment fund. Its investment objective is to seek total return comprised of current income, current gains, and long-term capital appreciation. The company was founded on May 31, 2005 and is headquartered in New York, NY.

PIMCO Dynamic Credit and Mortgage Income Fund

PCM Fund

Pimco California Municipal Income Fund

PIMCO Dynamic Income Fund

Pimco Income Opportunity Fund

Pimco Municipal Income Fund II

The most recent UNII report showed continued deterioration in the coverage ratios and UNII values of the taxable funds.

PIMCO Update: Starting To Get Nervous And Taking Action

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

Western Asset Mortgage Opportunity Fund

Allspring Income Opportunities Fund

Nuveen Preferred & Income Opportunities Fund

New York Mortgage Trust, Inc. Cum Conv Perp Red Pfd Registered Shs Series D

Expensive valuations, low underlying yields and increased issuer calls have generated concerns about CEF distribution cuts. We take a look at ways investors can mitigate the risk of CEF distribution cuts.

How To Lower The Risk Of CEF Distribution Cuts

Pimco High Income Fund

PIMCO Strategic Income Fund Inc

We discuss the leverage and distribution coverage figures of PIMCO CEFs for February.

PIMCO CEF February Update

DoubleLine Income Solutions Fund

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Corporate & Income Strategy Fund

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

PIMCO Corporate & Income Opportunity Fund

We take a look at the PIMCO CEF leverage and coverage numbers for December. Overall, December was a pretty good month for shareholders as coverage increased across the board, NAV gains exceeded distributions while PIMCO took aggregate leverage lower to reflect less attractive valuations.

December Taxable PIMCO CEF Update

Pimco California Municipal Income Fund II

Pimco Municipal Income Fund

Pimco New York Municipal Income Fund II

The taxable PIMCO CEFs are still trading below 100% coverage thanks to the falling dollar. That could improve in January as the dollar has rebounded some. In this space, we continue to like RCS and PHK. PGP is a good S&P 500 proxy.

PIMCO CEF Suite Update: December 2020

PGP has delivered a very strong return since late November, which would normally make me cautious. Yet, I see a path for more gains. The fund's premium is still quite reasonable and sits under 5%. This is lower than many alternative funds from PIMCO.

PGP: I Still Have A Positive Outlook

The higher-risk funds from PIMCO - PGP, PHK, and RCS - have been untouchable for some time due to their high premiums. What exactly is PGP anyway?  It's a unique strategy that has been around a long time from PIMCO but seldom highlighted.

Why It May Be Time To Finally Invest In The 'Higher-Risk' PIMCO CEFs: Part 1 - PGP

PGP is a fund I have long told investors to stay away from, and it has performed terribly since I started covering it. Part of this negative track record stems from the fact that PGP traded at enormous premiums to NAV. Today, PGP's premium is the lowest among non-muni PIMCO CEFs.

PGP: Finally Offering Investors Value

Quadratic Interest Rate Volatility and Inflation ETF

We review October leverage figures for the PIMCO taxable suite. We find that fund borrowings decreased slightly, possibly due to already high leverage levels and tightening underlying asset valuations.

PIMCO Leverage Update - Coming Off The Boil

Invesco DB US Dollar Index Bullish Fund

Coverage rebounded in September as the dollar rallied off the interim lows. We take a hard look at what the dollar is doing so far in October to forecast ratios. The PIMCO muni funds look fundamentally the healthiest they have been for many years now. The average coverage ratio is 106.3%.

PIMCO Closed-End Fund Update: Most Compelling Valuation Look In Some Time

PIMCO CEF Leverage Update: Full Steam Ahead

BlackRock MuniVest Fund Inc

BlackRock MuniVest Fund II Inc

Nuveen Quality Municipal Income Fund

Nuveen Municipal Credit Income Fund

Opportunities In Shadow High-Yielding Muni CEFs

PIMCO Monthly Update August 2020: Coverage Scares Investors, Providing An Opportunity

Utilities Select Sector SPDR Fund

What Goes In Our CEF Checklist

PIMCO taxable funds have added over $300m to their borrowings, increasing the average fund leverage level by over 2%.

PIMCO CEFs Sharply Releverage In June

We think too much is being made of the lower coverage in the UNII report and that those ratios tend to ebb and flow over time.

Nothing To Worry About With PIMCO Taxable CEFs

PIMCO CEF Leverage Update

Lower asset prices have led to a wave of distribution cuts across the CEF space as many funds have had to deleverage in order to comply with their leverage covenants.

Select PIMCO Taxable CEFs Trim Distributions

Further Deleveraging Across PIMCO Taxable CEFs

Flaherty & Crumrine Total Return Fund Inc

First Trust Intermediate Duration Preferred & Income Fund

ProShares Ultra S&P 500

Benefits And Pitfalls Of Higher-Leverage CEFs

PIMCO Pays Its Specials, So Let's Focus On The NAVs

Eagle Point Credit

Gabelli Utility Trust

Nuveen Municipal High Income Opportunity Fund

THL Credit Senior Loan Fund

How Leverage Will Drive CEF Returns From Here On

SPDR Bloomberg 1-3 Month T-Bill ETF

iShares iBoxx High Yield Corporate Bond ETF

iShares 7-10 Year Treasury Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares MBS ETF

iShares National Muni Bond ETF

iShares Preferred and Income Securities ETF 

iShares 20+ Year Treasury Bond ETF

ProShares Ultra 20+ Year Treasury

ProShares UltraPro S&P500

ProShares Ultra 7-10 Year Treasury

Vanguard Long-Term Corporate Bond ETF

PIMCO 25+ Year Zero Coupon US Treasury Index ETF

Market history has shown that an allocation to bonds can diversify and lower the risk of an equity portfolio.

News for Pimco Global Stockplus & Income Fund ETF (PGP)