PIMCO Corporate & Income Strategy Fund Announces Earnings Results for the Third Quarter and Nine Months Ended July 31, 2012
September 25, 2012 at 04:00 pm
Share
PIMCO Corporate & Income Strategy Fund announced earnings results for the third quarter and nine months ended July 31, 2012. For the quarter, the company reported net investment income of $13,771,998 or $0.37 compared to $15,257,991 or $0.40 a year ago. Net realized and change in unrealized gain was $25,413,777 or $0.67 per common share compared to net realized and change in unrealized loss of $21,142,282 or $0.56 per share a year ago.
For the nine months, the company reported net investment income of $43,750,493 or $1.16 compared to $48,430,584 or $1.29 a year ago. Net realized and change in unrealized gain was $59,548,043 or $1.59 per common share compared to net realized and change in unrealized loss of $8,761,702 or $0.23 per share a year ago.
PIMCO Corporate & Income Strategy Fund (the Fund) is a closed-end management investment company. The Fundâs primary investment objective is to seek high current income, with secondary objectives of capital preservation and appreciation. The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple fixed-income sectors in the global credit markets, including corporate debt (including, among other things, fixed-, variable- and floating-rate bonds, bank loans, convertible securities and stressed debt securities issued by the United States or foreign corporations or other business entities including emerging market issuers), mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds and other fixed-, variable- and floating-rate income-producing securities of the United States and foreign issuers. Pacific Investment Management Company LLC is the Fund's investment manager.
PIMCO CORPORATE & INCOME STRATEGY FUND 
