PIMCO Access Income Fund (PAXS)
| Market Value | 725.37M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 44.97M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.79 (11.14%) |
| Ex-Dividend Date | Sep 12, 2025 |
| Volume | 161,373 |
| Open | 15.97 |
| Previous Close | 16.03 |
| Day's Range | 15.97 - 16.17 |
| 52-Week Range | 13.63 - 17.24 |
| Beta | 0.69 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PAXS
PIMCO Access Income Fund is close-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in fixed income markets of global region. The fund primarily invests in corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds, floating-rate income-producing securities with varying maturities. It employs fundamental analysis bottom-up and top-down securities picking approach to create its portfolio. PIMCO Access Income Fund is domicil... [Read more]
News
PIMCO CEF Update: Coverage Dead Cat Bounce?
PIMCO taxable CEFs show persistently low distribution coverage, raising the risk of future distribution cuts and potential valuation hits. Current valuations across the PIMCO suite are not attractive,...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Sept. 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 f...
PAXS: Finding Stability In The PIMCO Lineup
The S&P 500 is at historically high valuations, making forward equity returns unattractive and prompting a search for alternatives like credit. PAXS benefits from a limited-term structure, trading nea...
Bad News For PIMCO CEF Vehicles
PIMCO CEFs offer high yields and stable distributions, but their portfolios are heavily tilted toward lower quality fixed income and high leverage. Rising mortgage delinquencies, widening junk bond sp...
Hard Cash Vs. Hope: Which Is Better - Investing In Corporate Credit Or Equity?
When 401(k)s and IRAs replaced "defined benefit pensions" a few decades ago, we all suddenly became our own "pension managers." The investment and media industries quickly "taught" us all to focus our...
Don't Retire Without These 10%+ Yields
10%+ yields generally bring too many risks for being included in retirement portfolios. But in this article, I discuss two defensive 10%+ yield plays, which could fit well into retirement investing st...
PAXS: Repositioning According To Its Outlook Might Be Difficult
PIMCO Access Income Fund has shed value since we last covered it. Unlike before, we support most of PAXS' updated market outlook. However, its current holdings seem risky and repositioning might be ch...
PIMCO Update | May 2025 | Valuations Remain Compelling, NAVs Resilient
PIMCO taxable closed-end funds, or CEFs, remain attractive after recent volatility, with PTY and PCN offering compelling value due to compressed premiums and solid fundamentals. Leverage across PIMCO ...
PAXS: Monthly Income From Diverse Credit Investments
PIMCO Access Income Fund (PAXS) operates as a closed end fund that aims to generate attractive total returns through its portfolio of diverse credit investments. The current dividend yield sits around...
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 f...
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 d...
PAXS: A Tad Cautious About Its Interim Strategy
The PIMCO Access Income Fund has delivered solid returns but faces headwinds. We systematically disagree with PIMCO's short-term outlook, particularly its focus on non-agency RMBS, CMBS, and high-yiel...
PAXS Is Still A Worthy Credit Opportunity
PAXS, a flexible and leveraged PIMCO fund, has returned 10% in the past year, benefiting from its dynamic asset allocation strategy. The fund's high leverage and diverse investments across credit sect...
Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick)
To find 10%+ dividends with safe financial profiles, in my view, BDC and CEF segments are currently the best places to look. Having said that, I am still skeptical about 15%+ cases.
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...
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.
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.
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 vi...
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 se...
Three 10%+ Yields With Serious Downside
Who is paying a 27% premium for Guggenheim Strategic Opportunity Fund (GOF)?
PAXS: Price Outperforming The Portfolio Makes This Riskier Than Many Believe
PIMCO Access Income Fund is a closed-end fund for income-focused investors, primarily investing in fixed-income securities like bonds for higher yields. Bonds lack protection against inflation, affect...
PIMCO Update May 2024 - PDX Levers Up
Coverage on PIMCO CEFs improved, with muni CEF coverage ratio up 9 points to 89% and taxable CEFs up over 20 points to 84.6%. Leverage changes varied among funds, with some cutting borrowing significa...
PIMCO CEF Update: Income Volatility And Yield Curve Risk
We take a look at coverage, leverage, and performance metrics of the PIMCO CEF suite. Taxable and Muni PIMCO CEF coverage diverge further in March, with average taxable coverage at new lows over the l...
PAXS: PIMCO's Newest Closed End Fund Continues To Deliver
PIMCO's closed end fund lineup continues to grow, launching new funds periodically. Positive economic indicators, such as easing inflation, have shifted sentiment towards a lower interest rate scenari...
PIMCO Update Feb 2024 | PDX Makes The Move, Valuations Remain Rich
Funds rely on at-the-market offerings and capital gains to make up for earnings shortfalls and maintain distributions. Coverage levels for taxable funds declined in January due to the falling value of...