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Pimco Closed-End Funds Declare Monthly Common Share Distributions
Globe Newswire (Mon, 1-Dec 5:33 PM ET)
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Globe Newswire (Wed, 1-Oct 5:01 PM ET)
The fund seeks high current income, with a secondary objective of capital preservation and appreciation. Using a dynamic asset allocation strategy that focuses on duration management, credit quality analysis, risk management techniques, and broad diversification among issuers, industries and sectors, the multi-sector fund seeks high current income, with a secondary objective of capital preservation and appreciation. Under normal market conditions, the fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as U.S. government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis. The fund will typically invest at least 25% of its total assets in corporate debt obligations and other corporate income-producing securities. The fund may invest a maximum of 25% of its total assets in non-U.S.-dollar-denominated securities. The fund will normally maintain an average portfolio duration of between zero and eight years.
Pimco Corporate & Income Strategy trades on the NYSE stock market under the symbol PCN.
As of December 18, 2025, PCN stock price was flat at $12.58 with 333,856 million shares trading.
PCN has a beta of 0.50, meaning it tends to be less sensitive to market movements. PCN has a correlation of 0.45 to the broad based SPY ETF.
PCN has a market cap of $895.42 million. This is considered a Small Cap stock.
In the last 3 years, PCN traded as high as $14.48 and as low as $10.70.
PCN has underperformed the market in the last year with a return of +0.8%, while the SPY ETF gained +13.1%. In the last 3 month period, PCN fell short of the market, returning -2.9%, while SPY returned +2.9%. However, in the most recent 2 weeks PCN has outperformed the stock market by returning +0.5%, while SPY returned -1.1%.
PCN support price is $12.50 and resistance is $12.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PCN shares will trade within this expected range on the day.
