PIMCO Quick Take | December 2022 UNII Report

Jan 25, 2023

∙ Paid

Summary

This is a quick update on the entire PIMCO CEF suite following their UNII Report release.
Their taxable CEFs continue to show fast-declining coverage ratios on their distributions. With attractive yields like 13%+ on PDI, this is important to investors.
The coverage drop has more to do with the decline in the dollar than a drop in asset value.
From…