NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AAA' ratings assigned to the auction-rate preferred shares (ARPS) issued by the following four closed-end funds managed by Pacific Investment Management Company …
PIMCO Commercial Mortgage Securities Trust ... This marks the 17th quarter that PCM has paid the same dividend. At the current stock price of $9.76, the dividend yield is 9.84%. The previous trading day's last sale of PCM was $9.76, …
So long as the central bank is willing to buy an unlimited volume of those bonds (potentially including the entire outstanding stock) at the interest rate ... but his …
This Cambria fund hedges against that, by investing in stable U.S. Treasurys and supplementing the portfolio with options trades that will profit if the stock market …
Selected market news Stock index futures trended up after S&P 500 closed ...
The Funds’ daily New York Stock Exchange closing market prices, net asset values per share, as well as other information, including updated portfolio statistics and performance are available at pimco.com/closedendfunds or by …
Pacific Investment Management Co., best known for its bond funds, runs $27.7 billion in stock mutual funds, according to researcher Morningstar. But the vast majority of those dollars aren’t invested in individual stocks. Instead, most of …
Bond mutual fund titan Pimco is jumping the fence -- into stock picking. The Newport Beach firm, perhaps the world's best-known bond investor, said Monday it would expand into actively managed stock funds. The company also said it had …