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PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Business Wire (Tue, 1-Sep 5:53 PM ET)
PIMCO Closed-end Funds Declare Monthly Common Share Distributions
Business Wire (Wed, 1-Jul 4:53 PM ET)
The fund seeks total return comprised of current income, current gains and long-term capital appreciation. Employing the innovative StocksPLUS approach, pioneered by PIMCO, the fund seeks total return composed of current income, current gains and long-term capital appreciation. The portfolio manager builds a global equity and debt portfolio by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in a combination of securities and instruments that provide exposure to stocks and/or produce income. The fund’s stock exposure may be obtained through stock holdings and/or through index and other derivative instruments that have economic characteristics similar to U.S. and non-U.S. stocks. Exposure to income-producing instruments may be obtained through the use of fixed income and other derivative instruments. The fund employs a strategy of writing (selling) equity index call options on the U.S. equity portion to generate gains from option premiums, which may limit the fund’s gains from increases in the S&P 500 Index. The fund may also purchase put options on the S&P 500 in an effort to protect against significant market declines. The actively managed collateral portfolio is investment grade quality with a low- to intermediate-average duration (ranging from 1 year to 2+ years above the Barclays U.S. Aggregate Index).
Pimco Global Stocksplus & Income Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol PGP.
As of September 18, 2026, PGP stock price climbed to $8.45 with 17,045 million shares trading.
PGP has a beta of 0.97, meaning it tends to be less sensitive to market movements. PGP has a correlation of 0.47 to the broad based SPY ETF.
PGP has a market cap of $97.95 million. This is considered a Micro Cap stock.
In the last 3 years, PGP traded as high as $9.41 and as low as $5.83.
PGP has underperformed the market in the last year with a price return of +7.9% while the SPY ETF gained +16.7%. PGP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.0% and -3.8%, respectively, while the SPY returned +3.3% and -1.5%, respectively.
PGP support price is $8.33 and resistance is $8.55 (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 PGP shares will trade within this expected range on the day.