November 18, 2016 - By Darrin Black · 0 Comments
Pimco Global Stocksplus & Income Fund (NYSE:PGP) institutional sentiment increased to 2.25 in 2016 Q2. Its up 1.25, from 1 in 2016Q1. The ratio is better, as 7 active investment managers opened new and increased positions, while 7 cut down and sold stock positions in Pimco Global Stocksplus & Income Fund. The active investment managers in our partner’s database now have: 360,283 shares, down from 521,038 shares in 2016Q1. Also, the number of active investment managers holding Pimco Global Stocksplus & Income Fund in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 5 Increased: 4 New Position: 3.
PIMCO Global StocksPLUS & Income Fund is a closed-end management investment company. The company has a market cap of $176.37 million. The Fund’s investment objective is to seek total return consisting of current income, current gains and long-term capital appreciation. It currently has negative earnings. The Fund invests in securities, such as bank loan obligations, municipal bonds and notes, corporate bonds and notes, the United States government agencies, non-agency mortgage-backed securities, the United States treasury obligations, asset-backed securities and short-term instruments, among others.
The stock decreased 1.10% or $0.18 on November 17, hitting $16.21. PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) has declined 16.62% since April 18, 2016 and is downtrending. It has underperformed by 21.05% the S&P500.
First Financial Corp In holds 0.08% of its portfolio in PIMCO Global StocksPLUS & Income Fund for 7,115 shares. Hudock Capital Group Llc owns 2,051 shares or 0.02% of their US portfolio. Moreover, Lpl Financial Llc has 0.02% invested in the company for 94,069 shares. The California-based National Planning Corp has invested 0.02% in the stock. Private Advisor Group Llc, a New Jersey-based fund reported 27,650 shares.#img1#
PIMCO Global StocksPLUS & Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund invests in equity index derivative instruments relating to United States and non-United States markets, backed by a low-duration (1 to 3 year) debt portfolio with an average credit quality that is investment grade. The Fund’s investment manager is Allianz Global Investors Fund Management LLC, which is an indirect wholly owned subsidiary of Allianz Global.
More notable recent PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) news were published by: Nasdaq.com which released: “Pimco Global Stocksplus & Income Fund (PGP) Ex-Dividend Date Scheduled for …” on October 10, 2016, also Seekingalpha.com with their article: “I Would Avoid The PIMCO Global StocksPLUS & Income Fund” published on March 07, 2016, Seekingalpha.com published: “Beware Of Yields Too Good To Be True: Pimco Global StocksPLUS & Income Fund” on October 04, 2016. More interesting news about PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) were released by: Seekingalpha.com and their article: “PIMCO Global StocksPLUS & Income Fund PGP: A High Yield Dividend Option, Is It …” published on April 14, 2013 as well as Seekingalpha.com‘s news article titled: “When Selecting Your Next Pimco Fund, Avoid PGP” with publication date: November 02, 2014.
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By Darrin Black