PCM

PCM Fund, Inc. is a diversified closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund invests primarily in commercial mortgage-backed securities, residential mortgage-backed securities, and other mortgage-related instruments. Managed by Allianz Global Investors, the fund may utilize leverage to enhance income and returns. PCM trades on the stock exchange with shares that may trade at a premium or discount to the underlying net asset value.