PIMCO Strategic Global Government Fund Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended October 31, 2012
December 29, 2012 at 02:30 am IST
Share
PIMCO Strategic Global Government Fund Inc. announced earnings results for the third quarter and nine months ended October 31, 2012. For the quarter, the company reported net investment income of $9,492,576 or $0.23 per share against $12,388,776 or $0.31 per share in the same period a year ago. Net realized and change in unrealized gain was $17,984,177 or $0.46 per share against net realized and changes in unrealized loss of $30,212,402 or $0.75 per share a year ago.
For the nine months, the company reported net investment income of $32,032,157 or $0.79 per share against $41,677,880 or $1.05 per share in the same period a year ago. Net realized and change in unrealized gain was $31,692,581 or $0.81 per share against net realized and changes in unrealized loss of $41,818,277 or $1.05 per share a year ago. Net asset value per share was $9.79 as on October 31, 2012 compared to $9.26 as on October 31, 2011.
PIMCO Strategic Income Fund, Inc. (the Fund) is a closed-end management investment company. Its investment objective is to generate a level of income that is higher than that generated by high quality, intermediate-term United States debt securities. It also seeks capital appreciation to the extent consistent with this objective. It invests at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of income-producing securities of non-corporate issuers, such as securities issued or guaranteed by the U.S. or foreign governments, mortgage-related and other asset-backed securities issued on a public or private basis, corporate debt obligations and other income-producing securities of varying maturities issued by United States or foreign (non-United States) corporations or other business entities, including emerging market issuers, and municipal securities (the 80% policy). The Fundâs investment manager is Pacific Investment Management Company LLC.