PCN

PIMCO Corporate & Income Strategy Fund

12.61 USD
-0.09
0.71%
At close Jul 11, 4:00 PM EDT
1 day
-0.71%
5 days
-1.10%
1 month
-0.71%
3 months
2.11%
6 months
-5.47%
Year to date
-6.66%
1 year
-5.90%
5 years
-17.58%
10 years
-11.38%
 

About: PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income with capital appreciation as a secondary objective. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.

0
Funds holding %
of 7,312 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

62% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 21

8% more capital invested

Capital invested by funds: $128M [Q4 2024] → $138M (+$10.1M) [Q1 2025]

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0% more funds holding

Funds holding: 95 [Q4 2024] → 95 (+0) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

4.13% less ownership

Funds ownership: 19.99% [Q4 2024] → 15.86% (-4.13%) [Q1 2025]

Research analyst outlook

We haven’t received any recent analyst ratings for PCN.

Financial journalist opinion

Neutral
GlobeNewsWire
1 week ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Positive
24/7 Wall Street
3 weeks ago
Get Paid 10%+ a Year? These Monthly Dividend Stocks Actually Deliver
Although double-digit yields were normal during the 1980s, lower interest rates and a robust stock market have rendered yields of 10% or higher obscure.
Get Paid 10%+ a Year? These Monthly Dividend Stocks Actually Deliver
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Negative
Seeking Alpha
1 month ago
PCN: The Environment For Bonds Is Breaking Down
PIMCO Corporate & Income Strategy Fund offers a high 10.69% yield, far above peers, but it is confusing how it can actually sustain such a yield. Recent performance has been disappointing, with the PCN fund underperforming benchmarks due to trading at a premium to net asset value. The fund's portfolio is not pure investment-grade; over half is in high-yield and emerging market debt, increasing default risks.
PCN: The Environment For Bonds Is Breaking Down
Positive
Seeking Alpha
1 month ago
PIMCO Update | May 2025 | Valuations Remain Compelling, NAVs Resilient
PIMCO taxable closed-end funds, or CEFs, remain attractive after recent volatility, with PTY and PCN offering compelling value due to compressed premiums and solid fundamentals. Leverage across PIMCO funds is at multi-year lows, reflecting prudent management amid higher borrowing costs and uncertain market conditions. Coverage ratios dropped mainly due to currency moves, but I do not anticipate distribution cuts, especially for muni CEFs, given historical resilience.
PIMCO Update | May 2025 | Valuations Remain Compelling, NAVs Resilient
Neutral
GlobeNewsWire
2 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on June 2, 2025 to shareholders of record on May 12, 2025, with an ex-dividend date of May 12, 2025.
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Neutral
GlobeNewsWire
3 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on May 1, 2025, to shareholders of record on April 11, 2025, with an ex-dividend date of April 11, 2025.
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
Neutral
Seeking Alpha
4 months ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
My Income Portfolio: Financial Awareness
Neutral
Seeking Alpha
4 months ago
PCN: Making Smart Moves, But Still Very Expensive
The PIMCO Corporate & Income Strategy Fund offers a high 9.93% yield, and outperformed major fixed-income indices and peers in total return over the past five years. Rising inflation and a potential economic slowdown suggest that bonds may not be the best holding for an investor today. The fund's recent risk-off strategy and reduced corporate bond exposure reflect a cautious approach amid market turbulence and economic uncertainties.
PCN: Making Smart Moves, But Still Very Expensive
Neutral
GlobeNewsWire
4 months ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on April 1, 2025 to shareholders of record on March 13, 2025, with an ex-dividend date of March 13, 2025.
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
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