Weekly Commentary | May 11, 2025 | Pioneer Funds To Liquidate, PIMCO Muni Mergers
Summary
The macro picture shows slight market downturns, but a positive outlook with improved inflation drivers and potential trade relief from upcoming US-China talks.
CEF market discounts and NAVs have mostly recovered, with PIMCO multisectors performing well; PIMCO Muni CEFs are consolidating at NAV.
Key CEF actions include significant distribution incr…
