PIMCO Global StocksPLUS & Income Fund (XPGPX)

Profile

https://investments.pimco.com/Products/pages/678.aspx

PIMCO Global StocksPLUS and Income Fund is a closed-end balanced fund that seeks to deliver a total return composed of current income, current gains, and long-term capital appreciation. Managed by PIMCO in partnership with Allianz Global Investors, this fund invests across global fixed income and public equity markets, employing a distinctive long/short strategy that utilizes financial derivatives such as options. Its portfolio includes a broad mix of assets, notably mortgage-related, government, corporate, and other debt securities from both U.S. and international issuers, including emerging market bonds. The fund primarily targets investment-grade securities with a low- to intermediate-average duration, complemented by diversified global equities. This multi-asset approach aims to combine the potential for income generation from fixed income with the growth prospects of global equities, making it relevant to investors seeking a blend of income and capital appreciation. Since its inception in 2003, the fund has played a unique role in the market as part of the global allocation category, often featuring a distribution stream sourced from net investment income, realized gains, and occasionally return of capital.