PIMCO Income Strategy II:PFN

    Manage Alerts


    As of 7/10/2020

    52 Wk Avg$9.74$9.106.65%
    52 Wk High$10.93$9.9412.12%
    52 Wk Low$5.00$7.23-24.36%
    Regular Distribution TypeIncome Only
    Distribution Rate10.77%
    Distribution Amount$0.0800
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Seeks high current income, consistent with the preservation of capital. Under normal market conditions, the Fund seeks to achieve the investment objective by investing at least 80% of its net assets in floating rate debt instruments. The investments will be made predominantly in U.S. dollar-denominated debt securities and will not invest more than 25% of its total assets in other than U.S. dollar-denominated debt securities. The Fund reserves the right to invest without limit in debt securities of non-U.S. issuers, although it will not invest more than 25% of its total assets in debt securities of issuers located in emerging markets. The Fund may invest without limit in debt securities that are rated below investment grade, or unrated but judged by the portfolio manager to be of comparable quality. Not more than 20% of its total assets will be invested in securities that are rated CCC+/Caa1 or lower. Additionally, the fund will target a low to intermediate average portfolio duration, one typically between 0 to 8 years.

    Capital Structure

    As of 7/10/2020

    Total Investment Exposure:$756.032M
    Total Common Assets:$571.198M
    Common Shares Outstanding:68,902,000

    As of 1/31/2019

    Preferred Share Assets: $87.425M
    Total Debt (USD): $97.409M
    Regulatory Leverage (USD): $87.425M
    Effective Leverage (USD): $184.834M
    Effective Leverage (%): 24.45%
    Annual Expense Ratios

    As of 7/31/2019

      Per Common Share
    Management Fees1.07%
    Other Expenses:0.06%
    Baseline Expense: N/A
    Interest Expense:0.54%
    Total: 1.66%
    Fund Management

    Fund Sponsor

    Portfolio Managers
    Alfred T. Murata, Mohit Mittal

    Category: Fixed Income - Taxable-Multi-Sector
    Ticker: PFN
    NAV Ticker: XPFNX
    Average Daily Volume (shares): 298,862
    Average Daily Volume (USD): $2.759M
    Inception Date: 10/29/2004
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports


    As of 7/10/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 1/31/2020
    Annualized Distribution Rate on NAV:
    As of 7/10/2020
    Total Return on NAV (12 months):
    As of 7/10/2020
    Avg. Portfolio Coupon:
    As of 7/10/2020
    Total % Portfolio Effectively Leveraged:
    As of 7/10/2020

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/10/2020

    PeriodAvg Discount
    6 Month4.34%
    1 Year6.65%
    3 Year5.05%
    5 Year1.70%

    As of 7/10/2020

    3 Month1.15
    6 Month0.60
    1 Year0.19
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 6/30/2020
    Category: Morningstar US CEF Multi-Sector

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2020
    Category: Morningstar US CEF Multi-Sector

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/10/2020
    Number of Holdings:
    As of 4/30/2020
    Annual Portfolio Turnover:
    As of 7/31/2019
    Average Bond Price:
    As of 4/30/2020
    Asset Allocation

    As of 4/30/2020 reported by Fund Sponsor

    Top Sectors

    As of 4/30/2020 reported by Fund Sponsor

    Corporate (Super Sector)60.34%
    Corporate Bond38.51%
    Securitized (Super Sector)32.65%
    Government (Super Sector)25.21%
    Government Related23.27%
    Asset Backed15.48%
    Non Agency Residential Mortgage Backed13.70%
    Bank Loan10.93%
    Municipal (Super Sector)4.92%
    State Allocation

    As of 4/30/2020 reported by Fund Sponsor

    State% Portfolio
    West Virginia2.09%
    Top Holdings

    As of 4/30/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Irs Usd 3.50000 06/19/13-31y Cme$324.64M51.17%
    Irs Usd 2.75000 06/17/15-10y Cme$166.82M26.29%
    Irs Usd 3.00000 06/19/19-10y Cme$91.18M14.37%
    Irs Usd 2.50000 12/20/17-10y Cme$55.55M8.75%
    Irs Usd 2.25000 06/15/16-10y Cme$29.71M4.68%
    Irs Gbp 0.75000 03/18/20-10y Lch$-33.51M-5.28%
    Irs Usd 2.00000 01/15/20-30y Cme$-34.16M-5.38%
    Irs Usd 1.62500 02/03/20-30y Cme$-90.45M-14.26%
    Irs Usd 1.62500 01/16/20-30y Cme$-131.25M-20.68%
    Irs Usd 3.00000 06/19/19-3y Cme$-153.41M-24.18%
    Maturity Breakdown

    As of 4/30/2020 reported by Fund Sponsor

    Country Allocation

    As of 4/30/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income98.47%
    Others - Fixed Income3.52%
    United States - Equity2.51%
    Argentina - Fixed Income1.85%
    Mexico - Fixed Income1.72%
    Russia - Fixed Income1.71%
    Brazil - Fixed Income1.65%
    Canada - Fixed Income1.58%
    United Kingdom - Equity1.04%
    Netherlands - Fixed Income0.98%
    Australia - Fixed Income0.96%
    Ireland - Fixed Income0.90%
    Italy - Fixed Income0.72%
    France - Fixed Income0.70%
    Israel - Fixed Income0.61%
    South Africa - Fixed Income0.31%
    Spain - Fixed Income0.27%
    Germany - Fixed Income0.25%
    Malaysia - Fixed Income0.14%
    Turkey - Fixed Income0.11%
    Peru - Fixed Income0.04%
    Switzerland - Fixed Income0.03%
    India - Fixed Income0.03%
    Venezuela - Fixed Income0.01%
    Invalid Country - Fixed Income0.00%
    United Kingdom - Fixed Income-0.98%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.


    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.