PIMCO Strategic Income Fund, Inc. Reports Earnings Results for the Half Year Ended December 31, 2019
February 29, 2020 at 01:25 am IST
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PIMCO Strategic Income Fund, Inc. announced earnings results for the half year ended December 31, 2019. For the half year, the company announced total revenue was USD 22.721 million. Net income was USD 8.512 million.
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.
PIMCO STRATEGIC INCOME FUND, INC. 