PIMCO Access Income Fund (PAXS)

NYSE: PAXS · Real-Time Price · USD
16.35
+0.14 (0.86%)
Nov 8, 2024, 4:00 PM EST - Market closed
0.86%
Market Value 719.41M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 44.00M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend $1.79 (10.97%)
Ex-Dividend Date Nov 12, 2024
Volume 191,248
Open 16.23
Previous Close 16.21
Day's Range 16.19 - 16.39
52-Week Range 13.35 - 17.24
Beta 0.70
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]

Sector Financials
Founded 2021
Country United States
Stock Exchange NYSE
Ticker Symbol PAXS
Full Company Profile

News

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, Nov. 01, 2024 (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 fo...

Other symbols: PCKPCMPCNPCQPDIPDOPDX
7 days ago - GlobeNewsWire

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...

Other symbols: PCKPCNPDIPFNPHKPMFPNF
5 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

Three 10%+ Yields With Serious Downside

Who is paying a 27% premium for Guggenheim Strategic Opportunity Fund (GOF)?

Other symbols: CCDPDO
3 months ago - Forbes

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...

5 months ago - Seeking Alpha

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...

Other symbols: PCNPDIPDOPDXPFLPFNPHK
5 months ago - Seeking Alpha

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...

Other symbols: PCMPCNPDIPDOPDXPFLPFN
6 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

Other symbols: PCNPDIPFLPFNPHKPTY
8 months ago - Seeking Alpha

PIMCO CEF Update: Performance Reversal And New Swap Shenanigans

Coverage for PIMCO CEFs has improved for muni funds but fell slightly for taxable funds.

Other symbols: PCMPCNPDOPDXPFLPFNPTY
8 months ago - Seeking Alpha

PAXS: 10.71% Yielding CEF From PIMCO Could Thrive In A Lower Rate Environment

PIMCO Access Income Fund has experienced a flat performance over the past year, but has continuously generated monthly income. The fund's performance is dependent on the macroeconomic environment and ...

8 months ago - Seeking Alpha

Pimco Closed-End Funds Declare Monthly Common Share Distributions

NEW YORK, March 01, 2024 (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...

Other symbols: PCKPCMPCNPCQPDIPDOPFL
9 months ago - GlobeNewsWire

PIMCO CEF Update: PIMCO Struggled To Outperform Last Year

We provide an update for the PIMCO CEF suite. Coverage for PIMCO CEFs saw marginal declines for Muni funds and remained nearly flat for taxable funds. Borrowing and leverage levels remained fairly ste...

Other symbols: ACPKIOPCMPDOPGPPTYRCS
10 months ago - Seeking Alpha

PAXS: Major Reversal Expected In This 12% Yielder From PIMCO

PAXS is a relatively recently established PIMCO CEF trading ~25% below its IPO NAV level of $20 per share. Yet, it has the healthiest dividend coverage levels among PIMCO taxable CEFs and has managed ...

10 months ago - Seeking Alpha

PIMCO CEF Update: PIMCO Trades The October Swoon

We provide a November update for the PIMCO CEF taxable suite. Coverage across PIMCO's tax-exempt funds increased slightly in November, while coverage for taxable funds decreased by around 10% on avera...

Other symbols: JNKPCMPDIPDOPDXPTY
11 months ago - Seeking Alpha

PAXS: Continuing Failure To Cover The Distribution

PIMCO Access Income Fund offers a current yield of 12.71% and trades at a discount on net asset value. The PAXS closed-end fund's performance over the past five months has been worse than expected due...

11 months ago - Seeking Alpha

CEF Weekly Commentary | December 10, 2023 | High Quality Opportunities

Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, mea...

Other symbols: BBNBDJBGTCAFDSUETXFMY
11 months ago - Seeking Alpha

PIMCO CEF Update: Getting Ready For PDX

We provide an update for the PIMCO CEF suite. PIMCO took advantage of the recent back-up in yields and yield curve disinversion to add assets across the taxable suite. Muni CEF coverage continues to d...

Other symbols: PDIPDOPHKPTYRCS
1 year ago - Seeking Alpha

The Dirty Dozen CEFs From 2021: A Summary

In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NA...

1 year ago - Seeking Alpha

PAXS: The Best PIMCO Taxable Bond CEF To Buy Now

Traditional retirement portfolio strategies of a 60/40 mix of stocks and bonds are being challenged due to poor bond market performance. Bond funds are on track for a third consecutive year of losses,...

1 year ago - Seeking Alpha

PIMCO CEF Update: Key Tidbits From The Shareholder Report

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.

Other symbols: PCMPCNPDIPDOPFLPFNPGP
1 year ago - Seeking Alpha

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

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...

Other symbols: PDI
1 year ago - Seeking Alpha

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

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 f...

Other symbols: PCKPCMPCNPCQPDIPDOPFL
1 year ago - GlobeNewsWire

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

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 exceptiona...

Other symbols: BTZCMUDSLETXEVGEVNFLC
1 year ago - Seeking Alpha

PIMCO CEF Update: ARPS Go On The Chopping Block

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 exp...

Other symbols: DMOJLSPCMPDIPDOPFLPFN
1 year ago - Seeking Alpha