PIMCO Update August 2025 | Valuations Remain Compelling, Downgrade PAXS To Hold. PCN/PTY/PCM Buys
The PIMCO taxables remain a great place to allocate capital as the valuations remain reasonable, or even cheap, NAVs are in a nice place, and yields are compelling. Additionally, we saw a big jump in coverage thanks to the rebound in the US dollar compared to a few months ago.
