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PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Business Wire (Mon, 3-Aug 4:37 PM ET)
PIMCO Closed-end Funds Declare Monthly Common Share Distributions
Business Wire (Wed, 1-Jul 4:53 PM ET)
The fund seeks high current income, consistent with the preservation of capital. Employing a multi-sector approach, the fund seeks high current income consistent with the preservation of capital by investing in a diversified portfolio of floating and/or fixed-rate debt instruments. The fund has the flexibility to allocate assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities. It may focus more heavily or exclusively on an asset class at any time, based on assessments of relative values, market conditions and other factors. The fund will not invest more than 20% of its total assets in securities that are, at the time of purchase, rated CCC/Caa or below by each ratings agency rating the security, or that are unrated but judged by PIMCO to be of comparable quality. The fund’s duration will normally be in a low to intermediate range (zero to eight years), although it may be longer at any time. Consideration of yield is only one component of the portfolio manager’s approach. PIMCO also considers capital appreciation and principal preservation through intensive fundamental, macroeconomic, industry and company-specific research.
Pimco Income Strategy II trades on the NYSE stock market under the symbol PFN.
As of August 28, 2026, PFN stock price was flat at $6.99 with 273,206 million shares trading.
PFN has a beta of 0.41, meaning it tends to be less sensitive to market movements. PFN has a correlation of 0.24 to the broad based SPY ETF.
PFN has a market cap of $695.32 million. This is considered a Small Cap stock.
In the last 3 years, PFN traded as high as $7.77 and as low as $5.94.
PFN has underperformed the market in the last year with a price return of +3.6% while the SPY ETF gained +19.7%. However, in the short term, PFN had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.1% vs +2.2% return in SPY. But in the last 2 weeks, PFN shares have been beat by the market, returning -1.3% compared to an SPY return of -0.9%.
PFN support price is $6.95 and resistance is $7.03 (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 PFN shares will trade within this expected range on the day.
