PIMCO Global StocksPLUS & Income Fund (PGP) Stock

About PIMCO Global StocksPLUS & Income Fund

The PIMCO Global StocksPLUS & Income Fund (PGP) operates as a closed-end, balanced mutual fund, initially launched and managed by Allianz Global Investors Fund Management LLC, with co-management responsibilities also held by Pacific Investment Management Company LLC. This U.S.-domiciled fund, established on April 30, 2003, pursues a global investment strategy, allocating capital across both fixed income and public equity markets worldwide. It employs a sophisticated long/short approach, utilizing financial derivatives like options. In its fixed-income portfolio, PGP targets investment-grade debt securities, maintaining a low to intermediate average duration, and diversifying across mortgage-related instruments, government, corporate, and other debt from both U.S. and non-U.S. issuers, including emerging market bonds. Concurrently, the fund invests in common stocks of companies spanning various sectors.

PIMCO Global StocksPLUS & Income Fund is headquartered in US.

PIMCO Global StocksPLUS & Income Fund (PGP) stock trades at $8.72 with a market capitalization of $101.04M. The stock is valued at a price-to-earnings (P/E) ratio of 4.17, price-to-book of 0.98, price-to-sales of 4.90. Over the past 52 weeks the stock has ranged between $8.04 and $9.41, and currently trades 7.3% below its 52-week high. It pays a dividend yielding 9.52%.

On profitability, PIMCO Global StocksPLUS & Income Fund generates a return on equity (ROE) of 24.55% — well above the market average, a sign of a high-quality business, return on capital employed of 18.84%, an operating margin of 120.34%, a net profit margin of 117.41%.

Official website: www.pimco.com/Products/pages/678.aspx