PIMCO Strategic Global Government Fund Inc. Announces Earnings Results for the First Quarter Ended April 30, 2013
June 27, 2013 at 04:00 pm EDT
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PIMCO Strategic Global Government Fund Inc. announced earnings results for the first quarter ended April 30, 2013. For the quarter, the company reported net investment income of $9,241,618 or $0.23 per share compared to $11,739,413 or $0.29 per share reported in the same period last year. Net realized and change in unrealized loss was $630,603 or $0.02 per share against net realized and change in unrealized gain of $13,769,547 or $0.35 per share reported last year.
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.