PFL: Solid Income Fund But Sensitive To Interest Rates

  • PIMCO Income Strategy Fund (PFL) offers a 12.1% dividend yield and has a diverse debt investment portfolio, making it attractive for income investors. PFL's performance is influenced by interest rates; higher rates increase income but limit share price growth, while rate cuts could boost growth. The fund trades at a slight premium to NAV, has a history of consistent distributions, and uses conservative leverage to amplify returns.