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PGP / PGP's High Yield Doesn't Offer Much Value

PGP's High Yield Doesn't Offer Much Value
PIMCO Global StocksPLUS and Income Fund has underperformed in the last decade, with its share price down 65% and total return down 4.52%, despite its goal of generating an 8-10% dividend yield. The fund has a history of cutting dividends, with the current yield to original cost for investors who bought the stock a decade ago at only 3.75%, and real yield against original cost below 2% after accounting for inflation. PIMCO's other funds seem to perform much better than this one, for example PTY and PDI. Read More
Posted: Jul 22 2023, 02:06
Author Name: Seeking Alpha
Views: 102737

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PGP's High Yield Doesn't Offer Much Value

By Seeking Alpha
July 22, 2023

PGP's High Yield Doesn't Offer Much Value

PIMCO Global StocksPLUS and Income Fund has underperformed in the last decade, with its share price down 65% and total return down 4.52%, despite its more_horizontal

Potentially The Greatest Swap Idea In CEF History: Sell GUT, Buy PGP

By Seeking Alpha
April 4, 2023

Potentially The Greatest Swap Idea In CEF History: Sell GUT, Buy PGP

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GLO And PGP: The Results

By Seeking Alpha
January 24, 2023

GLO And PGP: The Results

GLO was a fund I wasn't excited about throughout most of 2022, instead mentioned that PGP could be a better idea. In 2023, the outlook looks different more_horizontal

GLO And PGP: PGP Might Be The Better Flexible Fund At This Time

By Seeking Alpha
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GLO And PGP: PGP Might Be The Better Flexible Fund At This Time

GLO often gets most investors excited due to its 10% managed distribution policy. Due to weakness across the board, GLO and PGP have both shown poor Y more_horizontal

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

By Seeking Alpha
November 15, 2021

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund more_horizontal

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

By Seeking Alpha
November 15, 2021

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund more_horizontal

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

By Seeking Alpha
November 15, 2021

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund

'The Best Of Times, And The Worst Of Times' For PIMCO Global StocksPLUS & Income Fund more_horizontal

PGP: Clearing Up Some Misconceptions About This Hybrid CEF

By Seeking Alpha
October 11, 2021

PGP: Clearing Up Some Misconceptions About This Hybrid CEF

Hybrid CEFs have generated very strong returns over the past year due to a strong rally in both equities and fixed-income - the two asset class holdin more_horizontal


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