PIMCO CEFs Update | The Merger Is Nearly Complete As Buying Opportunities Are All Around
PIMCO released their monthly UNII report last week showing improved short-term coverage in the merging funds. PDO remains the standout with very strong coverage and UNII levels. It will likely pay a decent special distribution when it announces in two weeks. It could be as much as 2.0% - 2.5% of NAV, which would mean the total annual distribution yie…
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