PIMCO Strategic Income Fund, Inc. (RCS)
| Market Value | 332.72M |
| Revenue (ttm) | 27.36M |
| Net Income (ttm) | 30.63M |
| Shares Out | 44.78M |
| EPS (ttm) | 0.66 |
| PE Ratio | 11.20 |
| Forward PE | n/a |
| Dividend | $0.61 (8.24%) |
| Ex-Dividend Date | Dec 12, 2024 |
| Volume | 388,794 |
| Open | 7.49 |
| Previous Close | 7.35 |
| Day's Range | 7.35 - 7.66 |
| 52-Week Range | 5.54 - 8.09 |
| Beta | 1.03 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About RCS
PIMCO Strategic Global Government Fund, Inc. 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 primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities. It employs fundamental analysis with a focus on top ... [Read more]
News
PIMCO's RCS At 80% Premium To NAV: Great Opportunity Or A Hidden Disaster?
PIMCO Strategic Income Fund trades at an 80% premium to NAV, raising concerns about its sustainability and value for investors. The RCS closed-end fund's high distribution yield of 7.6% is achieved by...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 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...
RCS: Don't Be Fooled By The Share Price Performance, This Fund Appears Overpriced
The PIMCO Strategic Income Fund offers a 7.80% yield, higher than indices but lower than some peers, making it appealing yet not outstanding for income-focused investors. The fund's shares have surged...
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...
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...
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...
RCS: PIMCO's Most Overvalued Bond Play
PIMCO Strategic Income Fund aims to generate higher income than high-quality US debt securities while also pursuing capital gains. The fund's portfolio is primarily composed of mortgage-backed securit...
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...
RCS: A Decent Bond Fund, But Best To Wait For A Better Entry Price Given Risks
PIMCO Strategic Income Fund aims to provide high current income by investing in debt securities issued by American and foreign entities. The RCS closed-end fund has seen positive total returns over th...
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...
RCS: Safest Underlying Securities, But Not A Safe Fund
The article evaluates the PIMCO Strategic Income Fund as an investment option for generating high income and capital appreciation. I have been monitoring RCS due to its exposure to agency MBS, but has...
RCS Vs. IGLB: PIMCO Fund Struggling With Distribution Coverage
This is not going to be an apples to apples comparison. But the goal here is to minimize risk and maximize returns relative to that risk, and that is what we are trying to do here. Let us look at PIMC...
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.
RCS: Far Too Expensive To Justify A Purchase
PIMCO Strategic Income Fund offers a high current yield of 11.27%, which is higher than most other assets in the market. The fund's share price has remained flat over the past year despite rising inte...
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...
Weekly Closed-End Fund Roundup: PDT Cuts, FSCO Boosts, Some CEFs Getting Bubbly (July 9, 2023)
6 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. PDT reduces distribution by 15%, FSCO boosts distribution by 15%. Some CEFs getting bubbly.
PDI Vs. RCS: Where The Spread Is Not Justified
The PIMCO Dynamic Income Fund carries significant risk due to its concentration in non-agency mortgage-backed securities and high-yield credit, particularly in the banking and finance sectors. The PIM...
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...
RCS: No Reason For An Upgrade In The Second Half Of The Year
The article evaluates the PIMCO Strategic Income Fund (RCS) as an investment option at its current market price. I have been cautious about investing in RCS due to its premium price and have maintaine...
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...
PIMCO's RCS Likely To Cut Distribution, 30% Downside Possible
RCS, a fixed income closed end fund, has an impressive long term performance. LQD, a fixed income ETF, has a solid track record too, but not as impressive.
RCS: Still Not The Time, Reiterate Hold
RCS continues to drop while I watch it. While buying now looks tempting, the fund is still too expensive. With high leverage and a high premium, the scars from 2022 remain forefront in my mind. This t...
RCS: Despite Flat Return, Value Proposition Is Much Worse
RCS has performed modestly since my last review roughly five months ago. However, my outlook for the fund has not improved in the interim. This CEF invests heavily in agency MBS. This has pros and con...