PIMCO Income Strategy Fund (PFL)
| Market Value | 303.60M |
| Revenue (ttm) | 39.06M |
| Net Income (ttm) | 37.50M |
| Shares Out | 35.38M |
| EPS (ttm) | 0.92 |
| PE Ratio | 9.33 |
| Forward PE | n/a |
| Dividend | $0.98 (11.39%) |
| Ex-Dividend Date | Oct 11, 2024 |
| Volume | 147,974 |
| Open | 8.57 |
| Previous Close | 8.57 |
| Day's Range | 8.54 - 8.63 |
| 52-Week Range | 6.98 - 8.81 |
| Beta | 0.83 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PFL
PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years. It employs fundamental analysis with top-down approach to create its portfolio. The fund was formerly known as PIMCO Floating Rate Income Fund. PIMCO Income Strat... [Read more]
News
PFL: Foreign Exposure Is Nice, But Distribution Coverage Remains Weak
The PIMCO Income Strategy Fund offers an attractive 11.18% yield, close to its peer group median, appealing to income-focused investors. The fund's performance since December 2023 has been mixed, with...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Oct. 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...
PIMCO CEF Update: PDX Not In A Hurry To Be A Credit Fund
We take a look at the coverage and performance metrics of the PIMCO CEF suite. Distribution coverage for PIMCO CEFs is increasing, especially in the Municipal fund suite. PDX fund remains heavily allo...
PFL: No Rush To Own This PIMCO CEF
The CEF seeks high current income with a diversified portfolio of floating and fixed-rate debt instruments, with a forward yield of over 12%. PIMCO Income Strategy Fund should benefit from potential F...
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...
PFL: After A Big Run, I'd Be More Cautious Here (Rating Downgrade)
The article evaluates the PIMCO Income Strategy Fund as an investment option at its current market price. This fund has performed extremely well since my buy rating, but I believe a more moderate stan...
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...
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...
PFL: Market Appears Exuberant, So Caution Could Be Advisable
PIMCO Income Strategy Fund offers a high level of income with a double-digit distribution yield of 11.94%. The PFL closed-end fund's share price has increased by 7.49% in the past two months, outperfo...
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.
PFL: Good Bond CEF But Bond Bear Market Is A Big Risk
PIMCO Income Strategy Fund offers a high current yield of 12.92%, but the market suggests it may be unsustainable in the future. The PFL closed-end fund's performance has been poor, falling 7.69% sinc...
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...
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...
Certain PIMCO Closed-End Funds Announce Tender Offers for Auction Rate Preferred Shares
NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income ...
PIMCO CEF Update: SEC Goes After PIMCO For Paired Swaps
We provide a June update for the PIMCO CEF taxable suite. The SEC fined PIMCO $6.5m for inadequate disclosure of its paired swap strategy. Coverage turned back down for taxable funds to close out the ...
PFL: A Solid Bond CEF For Income, But It Isn't Cheap
Investors today are desperate for any source of income as the high inflation in the United States has pushed up all of our regular expenses. PIMCO Income Strategy Fund invests in a portfolio of debt s...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
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 fo...
PIMCO CEF Update: How Low Can Coverage Go?
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 deflate...
PFL: A Few Reasons I Think Its Next Move Will Be Higher (Rating Upgrade)
PFL: A Few Reasons I Think Its Next Move Will Be Higher (Rating Upgrade).
PIMCO CEF Update: Bad But Not As Bad As It Looks
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 inco...
PFL: Great Bond Fund Selling At A Small Premium
Investors are desperate for income as inflation still remains high and most things continue to have negative real yields. PIMCO Income Strategy Fund invests in a portfolio of bonds and applies leverag...
PIMCO CEF Update: Rolling Horror Show
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 alre...