PIMCO Corporate & Income Strategy Fund Reports Earnings Results for the Fourth Quarter and Year Ended October 31, 2012
December 28, 2012 at 04:00 pm
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PIMCO Corporate & Income Strategy Fund reported earnings results for the fourth quarter and year ended October 31, 2012. For the quarter, the company reported net investment income of $15,593,939 or $0.41 per share, net realized and change in unrealized gain of $33,198,439 or $0.88 per share against net investment income of $16,085,918 or $0.43 per share, net realized and change in unrealized loss of $61,789,830 or $1.64 loss per share for the same period a year ago.
For the year, the company reported net investment income of $59,344,432 or $1.57 per share, net realized and change in unrealized gain of $92,746,482 or $2.47 per share against net investment income of $64,516,502 or $1.72 per share, net realized and change in unrealized loss of $70,551,532 or $1.87 loss per share for the same period 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 
