PIMCO CEF Update: Coverage Rebound Mirage And A Portfolio Reshuffle

PIMCO Muni and Taxable Average Coverage ● PIMCO Muni ● PIMCO Taxable 90% 80% 70% 60% 50% Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Oct-23 Dec-23 Jan-24 Feb-24 Feb-24 Mar-24 Apr-24 That said, much of the coverage uplift was concentrated in PDO, with the remainder of the taxable suite seeing little change. Outside of PDO, average taxable coverage is 63%. The fiscal-year-to-date picture is slightly better, at 73%. Systematic Income CEF Tool PIMCO semi-annual reporting periods end in the months of June and December. N ...