PIMCO Income Strategy Fund II (PFN)
NYSE NYSE Primary Summary
PFN Chart
PFN: Long-Dated Debt And Floating-Rate Exposure Could Prove Problematic
PFN offers an attractive 11.4% yield, slightly above peer median, but not the highest among multi-sector bond funds. The fund's income sustainability is reasonable, with distributions covered by net investment income plus realized gains, but future income may decline if rates fall. Significant exposure to floating-rate and long-dated bonds poses risks if the Fed cuts rates or if U.S. debt monetization leads to negative real returns.
PFN Provides Investors With A Diversified Portfolio Of International Bond Issuances
PIMCO Income Strategy Fund II offers leveraged exposure to a diversified portfolio of high-yield and investment-grade debt, with a focus on 3-5 year maturities. The fund's distribution yield is attractive at 11.44%, but payouts have been stagnant since 2015. PFN carries notable risks due to its high-yield focus, exposure to economic uncertainty, and sensitivity to interest rate changes and credit quality.
PFN: Suppressed By Elevated Interest Rate Environment
PFN offers a high 11.9% yield and broad debt diversification, appealing to income-focused investors during market volatility. Current high interest rates suppress PFN's price and NAV, with no near-term rate cuts likely, limiting upside potential. Earnings have been inconsistent, raising concerns about the sustainability of PFN's generous dividend and the risk of future cuts.
PIMCO Income Strategy Fund II Dividends
| PFN 1 day ago Announced | Monthly | $0.07 Per Share |
| PFN 1 month ago Paid | Monthly | $0.07 Per Share |
| PFN 2 months ago Paid | Monthly | $0.07 Per Share |
| PFN 3 months ago Paid | Monthly | $0.07 Per Share |
| PFN 4 months ago Paid | Monthly | $0.07 Per Share |
PIMCO Income Strategy Fund II Earnings
| 2 Sep 2025 (In 3 weeks) Date | | - Cons. EPS | - EPS |
| PFN 1 day ago Announced | Monthly | $0.07 Per Share |
| PFN 1 month ago Paid | Monthly | $0.07 Per Share |
| PFN 2 months ago Paid | Monthly | $0.07 Per Share |
| PFN 3 months ago Paid | Monthly | $0.07 Per Share |
| PFN 4 months ago Paid | Monthly | $0.07 Per Share |
| 2 Sep 2025 (In 3 weeks) Date | | - Cons. EPS | - EPS |
PIMCO Income Strategy Fund II (PFN) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
When is the next earnings date?
Has PIMCO Income Strategy Fund II ever had a stock split?
PIMCO Income Strategy Fund II Profile
| NYSE Exchange | US Country |
Overview
The PIMCO Income Strategy Fund II is a distinguished closed-end investment fund, curated with the primary aim of delivering a high level of current income to its investors, alongside a secondary objective directed towards capital appreciation. Esteemed for its management by PIMCO, a titan in the realms of fixed income and macroeconomic investment management, the fund stakes its claim in the financial market by serving as a vehicle for stable income and capital growth opportunities. By blending strategic investment in a variety of fixed-income securities and employing sophisticated investment techniques, including leverage, the fund aspires to meet its objectives amidst varying market conditions and economic climates.
Products and Services
- Fixed-Income Securities Portfolio
- Municipal Securities
- Emerging Market Debt
- Global Macroeconomic Insights and Credit Analysis
- Leverage Utilization for Enhanced Yield
A core component of the fund's strategy lies in its diverse portfolio of fixed-income securities. This encompasses investments across a broad spectrum of sectors, leveraging both investment-grade and high-yield bonds. Through this, the fund aims to balance risk and reward, striving for stable returns and capital preservation.
In addition to corporate debt, the fund invests in municipal securities. These investments offer tax-advantaged income, appealing to investors seeking favorable tax treatment in addition to income generation. They also diversify the fund's income sources, spreading exposure across different issuers and regions.
Seeking to capitalize on the higher yield potential of developing economies, the PIMCO Income Strategy Fund II incorporates emerging market debt into its portfolio. This segment targets the debt instruments issued by countries with growing economies, balancing higher risk with the potential for higher reward.
The fund benefits from PIMCO's extensive global macroeconomic insights and rigorous credit analysis. By employing a blend of top-down and bottom-up approaches, it aims to identify and leverage economic trends and creditworthy investments, contributing to its strategic asset allocation and investment selection process.
Leverage is a key tool employed by the PIMCO Income Strategy Fund II to potentially enhance its yield. While this approach introduces additional risk, it reflects the fund's sophisticated strategy aimed at generating higher returns for its investors.
Contact Information
