PIMCO Strategic Income Fund, Inc. Announces Earnings Results for the First Quarter Ended April 30, 2014
June 30, 2014 at 04:00 pm EDT
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PIMCO Strategic Income Fund, Inc. announced earnings results for the first quarter ended April 30, 2014. For the quarter, the company reported net Investment Income of $9,098,122 or $0.22 per share compared to $9,241,618 or $0.23 per share a year ago.
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.