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PIMCO Monthly Update | November 2024 | Valuations Remain Compelling

PIMCO Monthly Update | November 2024 | Valuations Remain Compelling

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Yield Hunting
Nov 09, 2024
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PIMCO Monthly Update | November 2024 | Valuations Remain Compelling
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SUMMARY

PIMCO released their monthly UNII update. A lot has changed in the last couple of months. We recently saw a big valuation spike (I still don't know what drove it) and a falling back to Earth.

Valuations today are very close to fair value and NAVs have been in the top decile over the last year. A few funds are a bit below and offer some value. I'm …

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