NYSE:RCS
PIMCO Strategic Income Fund Inc Stock News
$5.81
+0 (+0%)
At Close: May 07, 2024
PIMCO CEF Update: PIMCO Struggled To Outperform Last Year
01:00pm, Thursday, 25'th Jan 2024
We provide an update for the PIMCO CEF suite. Coverage for PIMCO CEFs saw marginal declines for Muni funds and remained nearly flat for taxable funds. Borrowing and leverage levels remained fairly ste
RCS: A Decent Bond Fund, But Best To Wait For A Better Entry Price Given Risks
03:30pm, Thursday, 28'th Dec 2023
PIMCO Strategic Income Fund aims to provide high current income by investing in debt securities issued by American and foreign entities. The RCS closed-end fund has seen positive total returns over th
PIMCO CEF Update: Getting Ready For PDX
09:37pm, Wednesday, 22'nd Nov 2023
We provide an update for the PIMCO CEF suite. PIMCO took advantage of the recent back-up in yields and yield curve disinversion to add assets across the taxable suite. Muni CEF coverage continues to d
RCS: Safest Underlying Securities, But Not A Safe Fund
04:53am, Sunday, 22'nd Oct 2023
The article evaluates the PIMCO Strategic Income Fund as an investment option for generating high income and capital appreciation. I have been monitoring RCS due to its exposure to agency MBS, but has
PIMCO CEF Update: Key Tidbits From The Shareholder Report
12:46am, Friday, 29'th Sep 2023
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.
RCS: Far Too Expensive To Justify A Purchase
05:43pm, Tuesday, 12'th Sep 2023
PIMCO Strategic Income Fund offers a high current yield of 11.27%, which is higher than most other assets in the market. The fund's share price has remained flat over the past year despite rising inte
Weekly Closed-End Fund Roundup: PDT Cuts, FSCO Boosts, Some CEFs Getting Bubbly (July 9, 2023)
03:27am, Monday, 17'th Jul 2023
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.
PDI Vs. RCS: Where The Spread Is Not Justified
10:41pm, Monday, 03'rd Jul 2023
The PIMCO Dynamic Income Fund carries significant risk due to its concentration in non-agency mortgage-backed securities and high-yield credit, particularly in the banking and finance sectors. The PIM
RCS: No Reason For An Upgrade In The Second Half Of The Year
07:05am, Wednesday, 31'st May 2023
The article evaluates the PIMCO Strategic Income Fund (RCS) as an investment option at its current market price. I have been cautious about investing in RCS due to its premium price and have maintaine
PIMCO CEF Update: Bad But Not As Bad As It Looks
12:41pm, Tuesday, 04'th Apr 2023
We provide a February update for the PIMCO CEF taxable suite. Taxable CEFs continued to deleverage despite NAVs largely holding steady through February, possibly as a result of a low level of net inco
PIMCO's RCS Likely To Cut Distribution, 30% Downside Possible
08:51am, Friday, 17'th Mar 2023
RCS, a fixed income closed end fund, has an impressive long term performance. LQD, a fixed income ETF, has a solid track record too, but not as impressive.
RCS: Still Not The Time, Reiterate Hold
08:12pm, Thursday, 05'th Jan 2023
RCS continues to drop while I watch it. While buying now looks tempting, the fund is still too expensive. With high leverage and a high premium, the scars from 2022 remain forefront in my mind. This t
Quality Closed-End Fund Report, November 2022
10:06pm, Monday, 05'th Dec 2022
Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given.
RCS: Despite Flat Return, Value Proposition Is Much Worse
11:41pm, Saturday, 13'th Aug 2022
RCS has performed modestly since my last review roughly five months ago. However, my outlook for the fund has not improved in the interim. This CEF invests heavily in agency MBS. This has pros and con
Chasing 15% High Yield Is Great In A Bear Market, Portfolio Stock Price Change From June 16
11:00am, Sunday, 03'rd Jul 2022 Seeking Alpha
My portfolio yield went from 8% last year to 11% June 16th. I show a purchase yielding 15.8% and my current holdings that day. Read more here.