PIMCO Global StocksPLUS & Income Fund (PGP)
| Market Value | 91.63M |
| Revenue (ttm) | 9.86M |
| Net Income (ttm) | 11.06M |
| Shares Out | 11.44M |
| EPS (ttm) | 0.97 |
| PE Ratio | 8.30 |
| Forward PE | n/a |
| Dividend | $0.83 (10.34%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 17,991 |
| Open | 7.95 |
| Previous Close | 7.96 |
| Day's Range | 7.95 - 8.04 |
| 52-Week Range | 6.78 - 8.40 |
| Beta | 1.16 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About PGP
PIMCO Global Stocksplus & Income Fund is a closed ended balanced 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 and public equity markets across the globe. The fund uses a long/short strategy to invest in securities by using financial derivatives such as options. It invests in mortgage-related, government, corporate and other debt securities of U.S. and non-U.S. issuers and emerging market bonds. The fund invests in... [Read more]
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...
PIMCO CEF Update: Muni Coverage And The Premium Mystery
We take a look at the PIMCO CEFs coverage, valuation, and performance. Distribution coverage for PIMCO's Muni CEFs has surged, coinciding to the retirement of auction-rate preferreds, but the increase...
PGP: Premium Comes Down, Making It A More Interesting Idea
PIMCO Global StocksPLUS & Income Fund (PGP) has performed well since our last update but underperformed GLO in this period. PGP utilizes a multi-sector fixed-income fund approach and then takes it a s...
PIMCO CEF Update: Coverage Rebound Mirage And A Portfolio Reshuffle
We take a look at coverage and performance metrics of the PIMCO CEF suite. We also discuss portfolio changes in the previous shareholder report. Average taxable was mostly flat in April save for PDO, ...
Dissecting The Current CEF Sell-Off And Opportunities
We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds unde...
PGP: An 11.5%-Yielding One-Stop Shop Portfolio Now At An Approachable Valuation
PIMCO Global StocksPLUS & Income Fund (PGP) features a hybrid equity/credit strategy, employing the StocksPLUS approach pioneered by PIMCO. The fund's portfolio consists of a mix of equity, credit, an...
PIMCO CEF Update: PDX Allocation Starts To Move
We take a look at a number of coverage, leverage, and performance metrics of the PIMCO CEF suite.
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...
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...
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.
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...
PGP's High Yield Doesn't Offer Much Value
PIMCO Global StocksPLUS and Income Fund has underperformed in the last decade, with its share price down 65% and total return down 4.52%, despite its goal of generating an 8-10% dividend yield. The fu...
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: 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...
Potentially The Greatest Swap Idea In CEF History: Sell GUT, Buy PGP
What could go wrong with a fund near an all-time high 105% market price premium combined with a near all-time low NAV? Shareholders of the Gabelli Utility Trust may think they own a safe utility stock...
GLO And PGP: The Results
GLO was a fund I wasn't excited about throughout most of 2022, instead mentioned that PGP could be a better idea. In 2023, the outlook looks different, with GLO presenting a potential opportunity.
Equity CEFs: Top Picks For 2023
2022 was a year to forget, while most believe 2023 will begin with the same issues that took the equity and bond markets well into bear market territory last year. That is, a hawkish Federal Reserve t...
Piper Sandler: The real estate sector is experiencing some of the same issues it did in the 1970s
Alexander Goldfarb of Piper Sandler discusses the challenges facing the real estate, one of the worst-performing sectors this year, and how malls are finally benefiting from consolidation among the ma...
GLO And PGP: PGP Might Be The Better Flexible Fund At This Time
GLO often gets most investors excited due to its 10% managed distribution policy. Due to weakness across the board, GLO and PGP have both shown poor YTD performance, but PGP has declined less.
'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund
PGP's managers have done a terrific job earning an annualized 15% per annum on this PIMCO fund's net assets over the past 10 years. But that's little consolation to investors who've lost their shirts ...
PGP: Clearing Up Some Misconceptions About This Hybrid CEF
Hybrid CEFs have generated very strong returns over the past year due to a strong rally in both equities and fixed-income - the two asset class holdings of this sector.
PGP: Value Emerges From This Interesting PIMCO Fund
PGP is at a much better valuation than where it had been a couple of years ago. The distribution rate is attractive and, better yet, seems sustainable with a NAV distribution yield of 7.72%.
April PIMCO Update: Warp Speed
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...