Pimco High Income Fund

PIMCO High Income Fund is a closed-end management investment company. It seeks high current income, with capital appreciation as a secondary objective. The company was founded on February 18, 2003 and is headquartered in New York, NY.

PIMCO Access Income Fund

PCM 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 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

Credit Suisse

Invesco

Some of the biggest names in investing held Credit Suisse's AT1 bonds, which were marked down to zero by the Swiss regulator a week ago.

Bond giants Pimco and Invesco are facing losses of hundreds of millions on rotten Credit Suisse debt

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

Investors today are in need of income as the high inflation rate has made it difficult to sustain a comfortable lifestyle. PIMCO High Income Fund invests in a leveraged bond portfolio that looks pretty safe and secure despite consisting of junk bonds.

PHK: Some Good Qualities But Sufficient Reason To Avoid This Fund Today

As the market has become highly uncertain, and chances of recession still persist, investing in fixed income securities becomes a wise option. PHK consistently generated exceptionally high yield, and is less likely to have a distribution cut, as its investments still generate the same coupon.

PHK: This High Yield Fixed Income Fund Is A Good Fit For The Current Situation

Blackstone Strategic Credit Fund

Barings Global Short Duration High Yield Fund

Blackstone Long-Short Credit Income Fund

Blackstone/GSO Senior Floating Rate Term Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

Flaherty & Crumrine Dynamic Preferred & Income Fund

BNY Mellon High Yield Strategies Fund 

DoubleLine Income Solutions Fund

Western Asset Global High Income Fund

Western Asset Emerging Markets Debt Fund

Highland Income Fund

Western Asset High Income Fund

Pioneer Diversified High Income Trust

Western Asset High Yield Defined Opportunity Fund Inc

Ivy High Income Opportunities Fund

Nuveen Real Asset Income & Growth Fund

KKR Income Opportunities Fund

Principal Real Estate Income Fund

Pioneer Floating Rate Trust

Pioneer High Income Trust

RiverNorth Capital and Income Fund

Franklin Templeton Emerging Markets Income Fund

Western Asset Premier Bond Fund

YieldShares High Income ETF

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, July 2022

When markets are down, there's one group of investors who can shrug off the dip because they don't need to sell.

These High-Yield Bond Funds Profit From The Fed

PHK is the PIMCO High Income CEF that uses a dynamic asset allocation strategy across multiple fixed income sectors in the global credit markets. PTY is the PIMCO Corporate & Income Opportunity Fund that invests globally in corporate debt obligations rated in the lowest investment grade and in the highest non-investment grade categories.

PHK And PTY: Top PIMCO Fixed Income CEFs Over Past Decade

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco Municipal Income Fund III

Right now is one of the best times to get into what is typically thought of as the best-in-breed of the CEF world.

PIMCO CEFs Update: The Merger Is Nearly Complete As Buying Opportunities Are All Around

PHK has been a relatively weak performer over the longer term, so readers were right to approach this fund cautiously. After a recent sell-off, there is certainly a buy case to be made, although I would reiterate this is not a CEF for the risk averse.

PHK: Some Positive Attributes, If You Are Willing To Pay A Premium

Eaton Vance

BlackRock MuniYield Quality Fund III Inc

We review CEF market valuation and performance over the last week of October and highlight recent market events. In aggregate, October was a near mirror-image of the price action in September as the market delivered decent NAV gains as well as strong discount action.

CEF Weekly Market Review: October Mostly Erases September Losses

Watching high income (or high yield) bond funds has always been a good indicator of risk for the overall market, especially for stocks. Today's chart takes a look at the Pimco High Income Fund ETF (PHK) and why investors need to be watching this ETF (as well as others in the high yield space).

Pimco High Income ETF Breakdown Would Be Bad For Stocks!

Investors have been struggling to generate income for a very long time due to the policies of the Federal Reserve. PHK is a promising income fund from a respected manager that boasts a diversified high-yield portfolio.

PHK: A Solid Income Fund But Extremely Expensive

Pimco Income Opportunity Fund

We take a look at PIMCO CEF leverage and coverage numbers from April. Taxable funds saw strong growth in leverage, though it's not clear exactly why as underlying credit valuations remain historically expensive.

April PIMCO Update: Warp Speed

In this series, we take a look at various CEF beliefs and rules-of-thumb that don't hold upon closer inspection.

CEF Rules-Of-Thumb That Just Ain't So - Part 1

With yields on fixed-income assets at historic lows, distribution sustainability has become top-of-mind for many income investors. We take a look at some of the key metrics in gauging distribution sustainability for PIMCO taxable CEFs.

Gauging PIMCO CEF Distribution Cut Vulnerability

Blackrock Limited Duration Income Trust

Wells Fargo Multi-Sector Income Fund

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Limited Duration Income Fund

Franklin Limited Duration Income Trust

SPDR Bloomberg Short Term High Yield Bond ETF

We take a look at the Limited Duration CEF sector which offers one way for income investors to shorten up on their interest rate sensitivity. Investors seeking a higher income level as well as tactical investors on the lookout for cheaper discount valuations should consider BGH.

Limited Duration CEF Sector Update

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

PIMCO CEF February Update

We discuss the leverage and distribution coverage figures of the PIMCO taxable CEF suite for January. We also highlight the newly IPOed fund - PDO and its distribution rate.

PIMCO CEF January Update

Virtus AllianzGI Convertible & Income Fund

Virtus AllianzGI Convertible & Income Fund II

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

PIMCO Dynamic Credit and Mortgage Income Fund

PIMCO Corporate & Income Strategy 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 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

Coverage ratios were fairly flat month-over-month but UNII values fell a bit. I'm not concerned about the distribution being cut on the taxable funds. NAV performance has been stellar across the entirety of the funds but primarily in the higher-risk funds like PHK and RCS.

PHK And RCS: What's The Latest On PIMCO Taxable CEFs?

Stone Harbor Emerging Markets Total Income Fund

The average PIMCO taxable leverage level has fallen for the second month in a row, a rational response to credit valuations that are nearly fully priced. PIMCO CEF discount levels have recovered significantly. If we exclude funds that have cut distributions, the average premium is quite elevated.

PIMCO CEF Update - PIMCO Taps The Brakes

Aberdeen Income Credit Strategies Fund

ClearBridge Energy MLP Fund Inc

ClearBridge Energy MLP Total Return Fund Inc

Virtus Stone Harbor Emerging Markets Income Fund 

ClearBridge Energy MLP Opportunity Fund Inc

First Trust Specialty Finance and Financial Opportunities Fund

Cohen & Steers MLP Income & Energy Opportunity Fund Inc

For the first month in three, equity CEFs on average posted positive returns, rising 9.86% on a NAV basis for November. While for the eighth month in a row, fixed income CEFs witnessed returns in the black (+3.51%).

The Month In Closed-End Funds: November 2020

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.

News for Pimco High Income Fund ETF (PHK)