PIMCO Corporate & Income Strategy Fund (PCN)
PIMCO Corporate & Income Strategy Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Newport Beach, CA, US. The stock last traded at $10.78, up 0.65% on the session, giving a market capitalisation of $805.5M. On trailing twelve-month figures it carries a trailing P/E of 11.35, a net margin of 68.0%. Its beta of 0.79 implies it has historically moved less than the broad market.
The PIMCO Corporate & Income Strategy Fund (PCN) operates as a closed-end mutual fund dedicated to fixed income investments. It is primarily overseen by Allianz Global Investors Fund Management LLC, with co-management responsibilities shared by Pacific Investment Management Company LLC. This fund focuses its investments within the U.S. fixed income landscape, allocating capital to a diverse array of debt instruments. These include U.S. Treasury obligations, corporate notes, government agency securities, and various asset-backed and mortgage-backed securities, sourced from companies spanning numerous sectors. Its portfolio is constructed using a top-down security selection methodology, underpinned by thorough fundamental analysis. Established in the United States on October 17, 2001, the fund was previously known as PIMCO Corporate Income Fund.
PIMCO Corporate & Income Strategy Fund is most often compared with the following Financial Services names: