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PCM Fund (PCM)

Taxable Bond Funds - Mortgage Bond Funds

Data as of Sept. 20, 2023
Market Price $9.41 (- $0.01)
NAV (Sept. 20, 2023) $6.49 (- $0.01)
Fund Listed NYSE
Premium / Discount 44.99% (+0.07%)
Fund Info
Inception Sept. 2, 1993
Sponsor Pacific Investment Management Company
Phone 844.337.4626
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: High current income; mortgage-backed securities and corporate debt
Related Indexes
US Bond Index
Premium CEF/BDC Index
Capital & Leverage
Outstanding Shares 11,933,273
Total Assets (Reported: June 30, 2023) $150M
Estimated Total Assets $144M
Net Assets $77M
Market Cap $112M
Portfolio Turnover 6.00%
Total Leverage 46.05%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 5.68%
Non Lev Exp Ratio 1.68%
Rel Lev Cost 4.63%
Discount Data
Average Discount (3 Yr) 22.88%
Discount Low(3 Yr) 5.79%
Discount High(3 Yr) 50.82%
Discount Rel Range (3 Yr) 87.06%
Comp Discount 47.71
Discount St Dev (1Yr) 11.81
Z-Stat (6mo) 0.98
Z-Stat (1Yr) 1.30
Z-Stat (3Yr) 2.44
Comp Z-Stat (6mo) 0.58
Comp Z-Stat (3Yr) 2.68
Distribution Data
Market Yield 10.20%
Income Yield 10.20%
Lev Adj NAV Yield 10.13%
Distribution Frequency M
Current Distribution $0.080
Current Income $0.080
Ex-Date 9/8/23
Payable Date 10/2/23
Div Growth (3yr) 0.00%
Dividend Change -20.0% on 1/3/12
Expected Div 10/2/23
RoC (1yr) 15.10%
RoC (3yr) 6.07%
Volume & Liquidity
Average Daily $ (K) $199
Avg Volume 30 day 18,900
Avg Volume 90 day 21,102
Volume Trend -10.44%
Comp Volume Trend 0.98%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Taxable Bond & BDC Index
Most Correlated Peer (Mk Pr): IHIT 65.0%
NAV - Price Correlation (30 d) -52.7%
NAV - Price Correlation (90 d) 57.9%
NAV - Price Correlation (1 Yr) -61.4%
Price St Dev (1Yr) 27.3%
NAV St Dev (1Yr) 5.4%
Earnings / Share (7/31/23) $0.050
Earn Coverage 62.50%
Earnings Trend Down
UNII / Share (7/31/23) $-0.030
Rel UNII -3.13
UNII Trend Up
Bond Specific Data
Maturity 7.28
Duration 3.86
Credit Rating (rbo) BBB
Investment Grade 56.65%
Non Investment Grade 36.20%
Unrated Bonds 7.16%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Taxable Bond & BDC Index

DISCLOSURES: makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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