PFL

PIMCO Income Strategy Fund (PFL) is a diversified, closed-end management investment company that seeks to provide high current income as its primary objective, with capital appreciation as a secondary objective. Managed by Pacific Investment Management Company LLC (PIMCO), one of the world's premier fixed income managers, the fund invests primarily in a diversified portfolio of U.S. and foreign fixed-income securities of varying maturities. The fund's investment approach focuses on mortgage-backed securities, corporate bonds, government securities, and other income-generating instruments across multiple sectors and geographies. PFL employs leverage through borrowings and reverse repurchase agreements to enhance returns, though this strategy also increases risk and volatility. As a closed-end fund, PFL trades on the New York Stock Exchange with a fixed number of shares, allowing its market price to potentially trade at a premium or discount to its net asset value (NAV). The fund distributes monthly dividends to shareholders, making it attractive to income-focused investors. PIMCO's investment team utilizes extensive macroeconomic research and security selection expertise to position the portfolio across various fixed-income sectors. The fund provides investors with access to PIMCO's institutional-grade fixed-income management capabilities and global investment resources, offering a professionally managed solution for those seeking diversified income exposure across credit markets.