PIMCO Update May 2024 | PDX Levers Up

May 23, 2024

∙ Paid

Coverage Has Improved

Coverage on nearly all PIMCO CEFs improved. The average muni CEF coverage ratio improved 9 points to 89%. On the taxable side, we saw even better improvement with over 20 points of improvement and an average 84.6% coverage of the distribution.

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