By Joe Eqcome: PIMCO sponsored CEFs enjoy a significantly higher ..... intangible "franchise value" awarded to the PIMCO organization for which investors are willing to "pay up" to invest in PIMCO sponsored CEFs relative to other large, multiple …
… like to have tight stops on positions, PIMCO ’s high income closed ended funds may ..... alternative. Instead of paying quarterly, PIMCO pays out monthly dividends that on an ..... 8%. Below I list four of the leading PIMCO high yield funds and highlight the key …
hi, premium's in pimco 's cef's which investing in mortgage backed securities are dropping...fridays figures: pfl: 3.59%; pfn: ZERO ..... 54%; is it surprising their commercial real estate mortgage cef (pcm) is still 'high'?; their gov't paper cef ( rcs ) is above their 'average premium + 1-standard deviation' too...how much longer can this last?
How can the Pimco fund managers avoid a large share price haircut if the rating ..... fed gov't agency paper ratings? Given the thinly traded Pimco CEF's (those holding agency paper in particular... RCS , etc), if one looks at the minute by minute trading, it …
… d like to hear what others think about my hypothesis regarding the relatively persistent premiums to NAV exhibited by many PIMCO CEFs. Computation: Portfolio NII/annum = average of the last quarterly NII/3 and the prior "Avg EPS" reported by CEFconnect ..... mkt price. CEF NII/yr Portfolio Yield on NAV --- on PX PFN $.9936 9.90% 9.16% PKO $3.534 13.52% 12.65% RCS $1.422 14.23% 12.38% 1. The computed portfolio "yields" are from NII and do NOT reflect capital gains or losses …
… Wharton: The Economy--When Will Happy Days Be Here Again BlackRock: The End of QE2: What Does It Mean for Investors? PIMCO : How Strategic Deficit Reduction Could Spur Growth Deutsche Bank: Six Months Past '60 Minutes' Matthews Asia Funds: RMB ..... Cisco, Juniper Downgraded by RBC Capital Abbott Declares 350th Consecutive Quarterly Dividend PCN, PTY, PGP, PHK, PKO, RCS , PCM, PFL, and PFN Declare Monthly Common Share Dividends Most Requested Stock Quotes Apple Cisco Systems Microsoft Ford …
… Hello all, Looking at charts on CEFConnect, there appears to be a pattern of very much narrowed premia on funds including PFN, RCS , etc. Would this be because people don't want to buy a distribution in taxable accounts? Or is something else going on …
The below was posted in the T/A thread by Bubbygator. I followed up with the below question and I'm hoping for an education here . Posted by Bubbygator: Pimco's RCS is down 2.8% today, in what seems like normal volatility. Might be a good entry for someone - I'm already maxed. My question as posted on the T/A forum Bubbygator, This sounds like a good opportunity to ask a newbie question for one who is just learning CEF's. Why would I want to buy something that is at a premium discount of +18.53 ? I see that the bid/ask has been going up for the last 3 months with 2 days of lower bid/ask . But, it currently takes 1 1/2 years of yield to buy in. An I looking at this all wrong? Sorry if I should I ask this on the closed end forum. Let me know if I should post my question there. Diane As a newbie to CEF's , there is still much for me to learn. Not really looking for insight on a particular CEF. Just using using RCS as an example as it could well be asked of PFN and others that are at a high premium. Looking for overall opinions, guidance on why and when one looks at buying at a premium as a good opportunity . Diane