PIMCO Corporate & Income Strgy:PCN

    Manage Alerts

    Overview

    As of 12/24/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$13.48$11.8513.95%
    52 Wk Avg$13.44$11.6315.50%
    52 Wk High$14.36$11.9822.08%
    52 Wk Low$12.22$11.356.13%
    Regular Distribution TypeIncome Only
    Distribution Rate10.01%
    Distribution Amount$0.1125
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to seek high current income, with secondary objectives of capital preservation and appreciation.The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy that focuses on duration management, credit quality analysis, risk management techniques and broad diversification among issuers, industries and sectors.

    Capital Structure

    As of 12/24/2024

    Total Investment Exposure:$838.802M
    Total Common Assets:$735.006M
    Common Shares Outstanding:62,130,659
    Leverage

    As of 12/25/2024

    Preferred Share Assets: $1.075M
    Total Debt (USD): $102.721M
    Regulatory Leverage (USD): $1.075M
    Effective Leverage (USD): $103.796M
    Effective Leverage (%): 12.37%
    Annual Expense Ratios

    As of 6/30/2024

      Per Common Share
    Management Fees0.81%
    Other Expenses:0.08%
    Baseline Expense: N/A
    Interest Expense:1.42%
    Total: 2.31%
    Fund Management

    Fund Sponsor
    Pacific Investment Management Company, LLC

    Portfolio Managers
    Alfred T. Murata, Giang Bui, Mohit Mittal

    Basics
    Category: Fixed Income - Taxable-Investment Grade
    Ticker: PCN
    NAV Ticker: XPCNX
    Average Daily Volume (shares): 220,573
    Average Daily Volume (USD): $2.953M
    Inception Date: 12/21/2001
    Inception Share Price: $15.00
    Inception NAV: $14.33
    Tender Offer: No
    Term: No
    Fiscal Year End: June 30
    Third Party Links & Reports

    Distributions

    As of 12/24/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2024
    $0.4676
    Annualized Distribution Rate on NAV:
    As of 12/24/2024
    11.41%
    Total Return on NAV (12 months):
    As of 12/24/2024
    19.38%
    Avg. Portfolio Coupon:
    As of 12/24/2024
    8.08%
    Total % Portfolio Effectively Leveraged:
    As of 12/24/2024
    12.37%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/26/2024

    PeriodAvg Discount
    6 Month16.63%
    1 Year15.50%
    3 Year14.57%
    5 Year18.62%
    Z-Score

    As of 12/25/2024

    PeriodZStat
    3 Month-2.10
    6 Month-1.56
    1 Year-0.52
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Investment Grade

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD24.83%14.41%12.94%6.84%
    202316.91%16.08%11.40%9.27%
    2022-22.39%-11.47%-22.33%-16.45%
    20217.40%10.75%6.10%2.61%
    2020-1.80%6.82%6.79%7.72%
    201939.69%16.75%22.17%13.63%
    2018-5.48%1.38%-5.98%-2.32%
    201726.76%16.68%10.93%8.34%
    201624.94%15.04%10.79%8.05%
    2015-2.32%3.59%0.71%-1.10%
    20146.65%10.95%8.71%7.36%
    20133.15%7.88%-4.78%0.23%
    201221.58%40.48%13.98%13.94%
    201115.30%-3.42%  
    201025.41%31.45%  
    200941.85%60.97%  
    2008-0.39%-21.71%  
    2007-13.10%1.40%  
    200619.93%9.44%  
    20055.76%4.45%  
    20047.28%10.77%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Investment Grade

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/24/2024
    8.08%
    Average Maturity:
    As of 9/30/2024
    5.93 yrs
    Number of Holdings:
    As of 9/30/2024
    523
    Annual Portfolio Turnover:
    As of 6/30/2024
    28.00%
    Average Bond Price:
    As of 9/30/2024
    $88.43
    Asset Allocation

    As of 9/30/2024

    Top Sectors

    As of 9/30/2024

    Sector%Portfolio
    Corporate (Super Sector)67.97%
    Government (Super Sector)44.07%
    Corporate Bond39.04%
    Government Related38.93%
    Bank Loan28.03%
    Securitized (Super Sector)19.11%
    Asset Backed8.06%
    Non Agency Residential Mortgage Backed5.25%
    Government5.14%
    Government Commercial Mortgage Backed4.81%
    State Allocation

    As of 9/30/2024

    State% Portfolio
    West Virginia0.60%
    Puerto Rico0.35%
    Michigan0.25%
    California0.05%
    Illinois0.00%
    Top Holdings

    As of 9/30/2024

    HoldingValue% Portfolio
    RFR USD SOFR/2.00000 12/21/22-7Y CME Receive$111.57M15.35%
    RFR USD SOFR/5.25000 03/20/24-1Y* CME Receive$97.74M13.45%
    RFRF USD SF+26.161/3.50 9/19/23-21Y* CME Receive$90.60M12.47%
    RFR USD SOFR/4.50000 03/20/24-5Y* CME Receive$73.67M10.14%
    RFR USD SOFR/3.75000 12/20/23-5Y CME Receive$55.53M7.64%
    RFRF USD SF+26.161/2.50 9/20/23-4Y* CME Receive$41.97M5.77%
    RFRF USD SF+26.161/1.75 12/15/21-10Y LCH Pay$-31.95M-4.40%
    RFRF USD SF+26.161/0.7* 9/16/23-8Y* CME Pay$-38.98M-5.36%
    RFRF USD SF+26.161/1.70 8/01/23-29Y* CME Pay$-50.47M-6.94%
    RFRF USD SF+26.161/1.250 12/15/21-5Y LCH Pay$-53.88M-7.41%
    Credit Quality

    As of 9/30/2024

    Maturity Breakdown

    As of 9/30/2024

    Country Allocation

    As of 9/30/2024

    Country% Portfolio
    United States - Fixed Income103.25%
    United States - Equity7.23%
    Others - Fixed Income7.04%
    France - Fixed Income3.61%
    United Kingdom - Fixed Income3.57%
    Brazil - Fixed Income2.91%
    Spain - Fixed Income2.61%
    Argentina - Fixed Income2.12%
    Germany - Fixed Income1.54%
    Canada - Fixed Income1.39%
    Italy - Fixed Income1.29%
    Japan - Fixed Income1.15%
    Peru - Fixed Income0.98%
    Others - Equity0.92%
    Hong Kong - Fixed Income0.87%
    Turkey - Fixed Income0.85%
    Mexico - Fixed Income0.72%
    Australia - Fixed Income0.72%
    Netherlands - Fixed Income0.57%
    Italy - Equity0.55%
    South Africa - Fixed Income0.40%
    Greece - Fixed Income0.36%
    Ireland - Fixed Income0.24%
    Russia - Fixed Income0.14%
    Belgium - Fixed Income0.08%
    Colombia - Fixed Income0.03%
    Spain - Equity0.02%
    Venezuela - Fixed Income0.01%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W