topic PIMCO Dec earnings report in Closed-End Funds
https://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/40925#M2377
<P>PIMCO DEC earnings have been released.</P><P>PCI: As of Nov PCI had 37c UNII. EOY special was 0.45 - ie more than they had stored as of Nov 30th. Implied UNII after EOY = -0.08 (negative). Dec UNII is negative 0.1. The slight decrease in UNII during Dec means income was slightly less than the regular monthly distribution. But, after correcting for the regular and EOY distributions, NAV grew for the month by 57c (22.92 + 0.45 +0.174 - 22.87). Conclusion: all's well.</P><P>PDI: had 0.56 UNII in Nov. EOY was 0.42. Implied UNII after EOY = 0.14. Dec UNII is 0.2. PDI over-earned and NAV grew 6c, after the distributions.</P><P>PFN: UNII went from -0.08 to -0.10 in Dec. No EOY special. NAV grew 24c, after the 8c distribution, but slightly under-earned for the month.</P><P>PKO: UNII went from 0.01 to -0.03 in Dec. NAV grew 23c, after the 0.19 regular and 0.16 EOY capital gain distributions.</P><P>here's the monthly table (apologies for the formatting):</P><TABLE border="0" cellspacing="0" cellpadding="0"><TBODY><TR><TD> </TD><TD><TABLE cellspacing="0" cellpadding="0"><TBODY><TR><TD>Fund Name</TD></TR></TBODY></TABLE></TD><TD>Ticker</TD><TD>Current Fiscal<BR />Year End</TD><TD>Estimated Net Investment Income (NII)<SPAN class="font6">(1)</SPAN><SPAN class="font5"><BR />Fiscal Year<BR />to Date</SPAN></TD><TD>Estimated Undistributed<BR />Net Investment<BR />Income -<BR />UNII/Estimated (ROC)<SPAN class="font6">(1)</SPAN></TD><TD>Monthly Distribution<BR />per Common<BR />Share<SPAN class="font6">(2)</SPAN></TD><TD>3 Month Rolling Coverage Ratio<SPAN class="font6">(3)</SPAN></TD><TD>6 Month Rolling Coverage<BR />Ratio <SPAN class="font6">(3)</SPAN></TD><TD>Fiscal Year<BR />to Date Distribution Coverage<BR />Ratio<SPAN class="font6">(4)</SPAN></TD></TR><TR><TD> </TD><TD>PIMCO California Municipal Income Fund</TD><TD>PCQ</TD><TD>31-Dec-19</TD><TD>$0,83</TD><TD>$0,15</TD><TD>$0,077000</TD><TD>73,94%</TD><TD>74,11%</TD><TD>76,13%</TD></TR><TR><TD> </TD><TD>PIMCO California Municipal Income Fund II</TD><TD>PCK</TD><TD>31-Dec-19</TD><TD>$0,51</TD><TD>$0,00</TD><TD>$0,035000</TD><TD>94,12%</TD><TD>95,67%</TD><TD>98,81%</TD></TR><TR><TD> </TD><TD>PIMCO California Municipal Income Fund III</TD><TD>PZC</TD><TD>31-Dec-19</TD><TD>$0,58</TD><TD>$0,00</TD><TD>$0,041850</TD><TD>90,93%</TD><TD>91,16%</TD><TD>92,56%</TD></TR><TR><TD> </TD><TD>PIMCO Municipal Income Fund</TD><TD>PMF</TD><TD>31-Dec-19</TD><TD>$0,83</TD><TD>$0,00</TD><TD>$0,059670</TD><TD>95,35%</TD><TD>93,48%</TD><TD>94,11%</TD></TR><TR><TD> </TD><TD>PIMCO Municipal Income Fund II</TD><TD>PML</TD><TD>31-Dec-19</TD><TD>$0,78</TD><TD>$0,12</TD><TD>$0,065000</TD><TD>85,85%</TD><TD>86,56%</TD><TD>86,48%</TD></TR><TR><TD> </TD><TD>PIMCO Municipal Income Fund III</TD><TD>PMX</TD><TD>31-Dec-19</TD><TD>$0,73</TD><TD>$0,00</TD><TD>$0,050733</TD><TD>99,76%</TD><TD>100,01%</TD><TD>98,89%</TD></TR><TR><TD> </TD><TD>PIMCO New York Municipal Income Fund</TD><TD>PNF</TD><TD>31-Dec-19</TD><TD>$0,65</TD><TD>($0,03)</TD><TD>$0,053010</TD><TD>88,14%</TD><TD>85,63%</TD><TD>83,86%</TD></TR><TR><TD> </TD><TD>PIMCO New York Municipal Income Fund II</TD><TD>PNI</TD><TD>31-Dec-19</TD><TD>$0,67</TD><TD>$0,03</TD><TD>$0,040045</TD><TD>109,35%</TD><TD>109,33%</TD><TD>104,18%</TD></TR><TR><TD> </TD><TD>PIMCO New York Municipal Income Fund III</TD><TD>PYN</TD><TD>31-Dec-19</TD><TD>$0,53</TD><TD>($0,03)</TD><TD>$0,035490</TD><TD>101,18%</TD><TD>98,04%</TD><TD>92,75%</TD></TR><TR><TD> </TD><TD>PCM Fund Inc.</TD><TD>PCM</TD><TD>30-Jun-20</TD><TD>$0,44</TD><TD>($0,03)</TD><TD>$0,080000</TD><TD>96,45%</TD><TD>92,11%</TD><TD>92,16%</TD></TR><TR><TD> </TD><TD>PIMCO Corporate & Income Opportunity Fund</TD><TD>PTY</TD><TD>31-Jul-20</TD><TD>$0,50</TD><TD>($0,05)</TD><TD>$0,130000</TD><TD>63,88%</TD><TD>84,57%</TD><TD>74,62%</TD></TR><TR><TD> </TD><TD>PIMCO Corporate & Income Strategy Fund</TD><TD>PCN</TD><TD>31-Jul-20</TD><TD>$0,45</TD><TD>($0,02)</TD><TD>$0,112500</TD><TD>66,74%</TD><TD>94,45%</TD><TD>79,24%</TD></TR><TR><TD> </TD><TD>PIMCO Dynamic Credit & Mortgage Income Fund</TD><TD>PCI</TD><TD>30-Jun-20</TD><TD>$0,95</TD><TD>($0,10)</TD><TD>$0,174000</TD><TD>62,65%</TD><TD>91,08%</TD><TD>92,54%</TD></TR><TR><TD> </TD><TD>PIMCO Dynamic Income Fund</TD><TD>PDI</TD><TD>30-Jun-20</TD><TD>$1,54</TD><TD>$0,20</TD><TD>$0,220500</TD><TD>85,11%</TD><TD>116,69%</TD><TD>118,81%</TD></TR><TR><TD> </TD><TD>PIMCO High Income Fund</TD><TD>PHK</TD><TD>31-Jul-20</TD><TD>$0,20</TD><TD>($0,11)</TD><TD>$0,061331</TD><TD>71,71%</TD><TD>84,48%</TD><TD>63,52%</TD></TR><TR><TD> </TD><TD>PIMCO Income Opportunity Fund</TD><TD>PKO</TD><TD>30-Jun-20</TD><TD>$1,06</TD><TD>($0,03)</TD><TD>$0,190000</TD><TD>59,01%</TD><TD>93,55%</TD><TD>97,49%</TD></TR><TR><TD> </TD><TD>PIMCO Income Strategy Fund</TD><TD>PFL</TD><TD>31-Jul-20</TD><TD>$0,31</TD><TD>($0,15)</TD><TD>$0,090000</TD><TD>61,41%</TD><TD>81,41%</TD><TD>67,42%</TD></TR><TR><TD> </TD><TD>PIMCO Income Strategy Fund II</TD><TD>PFN</TD><TD>31-Jul-20</TD><TD>$0,28</TD><TD>($0,10)</TD><TD>$0,080000</TD><TD>56,29%</TD><TD>81,41%</TD><TD>69,92%</TD></TR><TR><TD> </TD><TD>PIMCO Strategic Income Fund, Inc.<SPAN class="font7">(5)</SPAN></TD><TD>RCS</TD><TD>30-Jun-20</TD><TD>$0,33</TD><TD>($0,04)</TD><TD>$0,061200</TD><TD>67,37%</TD><TD>88,80%</TD><TD>88,99%</TD></TR><TR><TD> </TD><TD>PIMCO Global StocksPLUSĀ® & Income Fund</TD><TD>PGP</TD><TD>30-Jun-20</TD><TD>$0,57</TD><TD>$0,01</TD><TD>$0,093940</TD><TD>79,56%</TD><TD>101,82%</TD><TD>102,01%</TD></TR></TBODY></TABLE>Sat, 25 Jan 2020 02:36:44 GMTkeppelbay2020-01-25T02:36:44ZPIMCO Dec earnings report
https://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/40925#M2377
<P>PIMCO DEC earnings have been released.</P><P>PCI: As of Nov PCI had 37c UNII. EOY special was 0.45 - ie more than they had stored as of Nov 30th. Implied UNII after EOY = -0.08 (negative). Dec UNII is negative 0.1. The slight decrease in UNII during Dec means income was slightly less than the regular monthly distribution. But, after correcting for the regular and EOY distributions, NAV grew for the month by 57c (22.92 + 0.45 +0.174 - 22.87). Conclusion: all's well.</P><P>PDI: had 0.56 UNII in Nov. EOY was 0.42. Implied UNII after EOY = 0.14. Dec UNII is 0.2. PDI over-earned and NAV grew 6c, after the distributions.</P><P>PFN: UNII went from -0.08 to -0.10 in Dec. No EOY special. NAV grew 24c, after the 8c distribution, but slightly under-earned for the month.</P><P>PKO: UNII went from 0.01 to -0.03 in Dec. NAV grew 23c, after the 0.19 regular and 0.16 EOY capital gain distributions.</P><P>here's the monthly table (apologies for the formatting):</P><TABLE border="0" cellspacing="0" cellpadding="0"><TBODY><TR><TD> </TD><TD><TABLE cellspacing="0" cellpadding="0"><TBODY><TR><TD>Fund Name</TD></TR></TBODY></TABLE></TD><TD>Ticker</TD><TD>Current Fiscal<BR />Year End</TD><TD>Estimated Net Investment Income (NII)<SPAN class="font6">(1)</SPAN><SPAN class="font5"><BR />Fiscal Year<BR />to Date</SPAN></TD><TD>Estimated Undistributed<BR />Net Investment<BR />Income -<BR />UNII/Estimated (ROC)<SPAN class="font6">(1)</SPAN></TD><TD>Monthly Distribution<BR />per Common<BR />Share<SPAN class="font6">(2)</SPAN></TD><TD>3 Month Rolling Coverage Ratio<SPAN class="font6">(3)</SPAN></TD><TD>6 Month Rolling Coverage<BR />Ratio <SPAN class="font6">(3)</SPAN></TD><TD>Fiscal Year<BR />to Date Distribution Coverage<BR />Ratio<SPAN class="font6">(4)</SPAN></TD></TR><TR><TD> </TD><TD>PIMCO California Municipal Income Fund</TD><TD>PCQ</TD><TD>31-Dec-19</TD><TD>$0,83</TD><TD>$0,15</TD><TD>$0,077000</TD><TD>73,94%</TD><TD>74,11%</TD><TD>76,13%</TD></TR><TR><TD> </TD><TD>PIMCO California Municipal Income Fund II</TD><TD>PCK</TD><TD>31-Dec-19</TD><TD>$0,51</TD><TD>$0,00</TD><TD>$0,035000</TD><TD>94,12%</TD><TD>95,67%</TD><TD>98,81%</TD></TR><TR><TD> </TD><TD>PIMCO California Municipal Income Fund III</TD><TD>PZC</TD><TD>31-Dec-19</TD><TD>$0,58</TD><TD>$0,00</TD><TD>$0,041850</TD><TD>90,93%</TD><TD>91,16%</TD><TD>92,56%</TD></TR><TR><TD> </TD><TD>PIMCO Municipal Income Fund</TD><TD>PMF</TD><TD>31-Dec-19</TD><TD>$0,83</TD><TD>$0,00</TD><TD>$0,059670</TD><TD>95,35%</TD><TD>93,48%</TD><TD>94,11%</TD></TR><TR><TD> </TD><TD>PIMCO Municipal Income Fund II</TD><TD>PML</TD><TD>31-Dec-19</TD><TD>$0,78</TD><TD>$0,12</TD><TD>$0,065000</TD><TD>85,85%</TD><TD>86,56%</TD><TD>86,48%</TD></TR><TR><TD> </TD><TD>PIMCO Municipal Income Fund III</TD><TD>PMX</TD><TD>31-Dec-19</TD><TD>$0,73</TD><TD>$0,00</TD><TD>$0,050733</TD><TD>99,76%</TD><TD>100,01%</TD><TD>98,89%</TD></TR><TR><TD> </TD><TD>PIMCO New York Municipal Income Fund</TD><TD>PNF</TD><TD>31-Dec-19</TD><TD>$0,65</TD><TD>($0,03)</TD><TD>$0,053010</TD><TD>88,14%</TD><TD>85,63%</TD><TD>83,86%</TD></TR><TR><TD> </TD><TD>PIMCO New York Municipal Income Fund II</TD><TD>PNI</TD><TD>31-Dec-19</TD><TD>$0,67</TD><TD>$0,03</TD><TD>$0,040045</TD><TD>109,35%</TD><TD>109,33%</TD><TD>104,18%</TD></TR><TR><TD> </TD><TD>PIMCO New York Municipal Income Fund III</TD><TD>PYN</TD><TD>31-Dec-19</TD><TD>$0,53</TD><TD>($0,03)</TD><TD>$0,035490</TD><TD>101,18%</TD><TD>98,04%</TD><TD>92,75%</TD></TR><TR><TD> </TD><TD>PCM Fund Inc.</TD><TD>PCM</TD><TD>30-Jun-20</TD><TD>$0,44</TD><TD>($0,03)</TD><TD>$0,080000</TD><TD>96,45%</TD><TD>92,11%</TD><TD>92,16%</TD></TR><TR><TD> </TD><TD>PIMCO Corporate & Income Opportunity Fund</TD><TD>PTY</TD><TD>31-Jul-20</TD><TD>$0,50</TD><TD>($0,05)</TD><TD>$0,130000</TD><TD>63,88%</TD><TD>84,57%</TD><TD>74,62%</TD></TR><TR><TD> </TD><TD>PIMCO Corporate & Income Strategy Fund</TD><TD>PCN</TD><TD>31-Jul-20</TD><TD>$0,45</TD><TD>($0,02)</TD><TD>$0,112500</TD><TD>66,74%</TD><TD>94,45%</TD><TD>79,24%</TD></TR><TR><TD> </TD><TD>PIMCO Dynamic Credit & Mortgage Income Fund</TD><TD>PCI</TD><TD>30-Jun-20</TD><TD>$0,95</TD><TD>($0,10)</TD><TD>$0,174000</TD><TD>62,65%</TD><TD>91,08%</TD><TD>92,54%</TD></TR><TR><TD> </TD><TD>PIMCO Dynamic Income Fund</TD><TD>PDI</TD><TD>30-Jun-20</TD><TD>$1,54</TD><TD>$0,20</TD><TD>$0,220500</TD><TD>85,11%</TD><TD>116,69%</TD><TD>118,81%</TD></TR><TR><TD> </TD><TD>PIMCO High Income Fund</TD><TD>PHK</TD><TD>31-Jul-20</TD><TD>$0,20</TD><TD>($0,11)</TD><TD>$0,061331</TD><TD>71,71%</TD><TD>84,48%</TD><TD>63,52%</TD></TR><TR><TD> </TD><TD>PIMCO Income Opportunity Fund</TD><TD>PKO</TD><TD>30-Jun-20</TD><TD>$1,06</TD><TD>($0,03)</TD><TD>$0,190000</TD><TD>59,01%</TD><TD>93,55%</TD><TD>97,49%</TD></TR><TR><TD> </TD><TD>PIMCO Income Strategy Fund</TD><TD>PFL</TD><TD>31-Jul-20</TD><TD>$0,31</TD><TD>($0,15)</TD><TD>$0,090000</TD><TD>61,41%</TD><TD>81,41%</TD><TD>67,42%</TD></TR><TR><TD> </TD><TD>PIMCO Income Strategy Fund II</TD><TD>PFN</TD><TD>31-Jul-20</TD><TD>$0,28</TD><TD>($0,10)</TD><TD>$0,080000</TD><TD>56,29%</TD><TD>81,41%</TD><TD>69,92%</TD></TR><TR><TD> </TD><TD>PIMCO Strategic Income Fund, Inc.<SPAN class="font7">(5)</SPAN></TD><TD>RCS</TD><TD>30-Jun-20</TD><TD>$0,33</TD><TD>($0,04)</TD><TD>$0,061200</TD><TD>67,37%</TD><TD>88,80%</TD><TD>88,99%</TD></TR><TR><TD> </TD><TD>PIMCO Global StocksPLUSĀ® & Income Fund</TD><TD>PGP</TD><TD>30-Jun-20</TD><TD>$0,57</TD><TD>$0,01</TD><TD>$0,093940</TD><TD>79,56%</TD><TD>101,82%</TD><TD>102,01%</TD></TR></TBODY></TABLE>Sat, 25 Jan 2020 02:36:44 GMThttps://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/40925#M2377keppelbay2020-01-25T02:36:44ZRe: PIMCO Dec earnings report
https://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/41083#M2386
<P>As always, thanks so much for posting this every month, and I particularly appreciate your concise narrative.</P>Sun, 26 Jan 2020 00:55:34 GMThttps://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/41083#M2386marymary2020-01-26T00:55:34ZRe: PIMCO Dec earnings report
https://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/41094#M2387
<P>Thanks. It appears that PIMCO went overboard on the special distribution for PCI in December. It is like eating the seed corn. It seems that the current price seems to reflect it. Hope that Pimco covers the deficit quickly.</P>Sun, 26 Jan 2020 02:35:38 GMThttps://community.morningstar.com/t5/Closed-End-Funds/PIMCO-Dec-earnings-report/m-p/41094#M2387ECEPROF2020-01-26T02:35:38Z