PIMCO Income Strategy Fund II [PFN] Stock Forecast

19 out of 22 CEF sectors are positive on price, and 21 out of 22 sectors are positive on NAV. KYN/KMF merger completes. NXG Cushing Midstream Energy Fund rights offering begins.

PIMCO Income Strategy Fund II offers a high yield of 12.90%, but this may indicate a potential distribution cut in the future. The PFN closed-end fund's performance has been lackluster, with a decline of 4.71% since July. Investors also lost money even after considering the distribution. The fund has taken steps to reduce the risk of default losses and has the flexibility to switch between floating-rate and fixed-rate debt securities.

We provide an August update for the PIMCO CEF taxable suite. Coverage remained steady at nearly 70% on average for taxable funds. Borrowings ticked higher but remain in a six-month range.

This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we can exploit the discount/premium mechanics in closed-end funds. Overall, I have continued to stick with a low or no-leverage theme in this environment as I look to de-risk my CEF portfolio.

We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very expensive auction-rate preferreds.

The article evaluates the PIMCO Income Strategy Fund II as an investment option. There is merit to owning as an equity hedge and for a more risk-on-income play. But challenges put some pressure on that thesis. PFN's value has not significantly changed since last year, and I recommend holding rather than buying.

Investors today are desperate for any source of income as the cost of living continues to increase at a very rapid pace. PIMCO Income Strategy Fund II invests in a portfolio of bonds with the goal of providing its shareholders with a very high level of income. The market is expecting that the Fed will cut rates next year, and it will have a devastating effect on this fund if that does not happen.

6 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. PDT reduces distribution by 15%, FSCO boosts distribution by 15%. Some CEFs getting bubbly.

PIMCO CEF Update: Is A 20% Premium Too Rich For PTY?

We provide an April update for the PIMCO CEF taxable suite. PIMCO taxable CEFs deleveraged slightly as total borrowings fell below their February level to a new low. Six-month rolling coverage deflated further while three-month coverage was relatively stable. We expect six-month coverage to stabilize going forward.

PIMCO Income Strategy Fund II is a US stock , located in Newport beach of Ca and trading under the symbol PFN

PIMCO Income Strategy Fund II stock price is $7.01 today.

Yes, PIMCO Income Strategy Fund II is a publicly traded company.