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PIMCO Closed-end Funds Declare Monthly Common Share Distributions
Business Wire (Wed, 1-Apr 6:09 PM ET)
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Globe Newswire (Mon, 2-Mar 4:42 PM ET)
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Globe Newswire (Mon, 2-Feb 5:32 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 April 21, 2026, PCN stock price declined to $11.98 with 177,577 million shares trading.
PCN has a beta of 0.41, meaning it tends to be less sensitive to market movements. PCN has a correlation of 0.29 to the broad based SPY ETF.
PCN has a market cap of $887.61 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 price return of +5.6% while the SPY ETF gained +35.6%. PCN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.2% and +0.5%, respectively, while the SPY returned +4.5% and +7.2%, respectively.
PCN support price is $11.93 and resistance is $12.13 (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.