PIMCO CEF Suite Update | December 2020
Summary
The taxable PIMCOs CEFs are still trading below 100% coverage thanks to the falling dollar. That could improve in January as the dollar has rebounded some.
In this space, we continue to like RCS and PHK. PGP is a good S&P 500 proxy.
Muni CEF coverage continues to get healthier. We may see an increase in the distribution if that trend continues. W…
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