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PCM Fund Inc V.PCM


Primary Symbol: PCM

PCM Fund, Inc. is a closed-end management investment company. The Fund’s primary investment objective is to achieve high current income. Capital gain from the disposition of investments is a secondary objective of the Fund. The Fund has the ability to invest in agency-guaranteed mortgage-backed securities, private label (non-agency) mortgage-backed securities, investment grade corporate debt securities, high yield corporate debt securities and commercial mortgage-backed securities. The Fund invests in asset-backed securities, non agency mortgage-backed securities, corporate bonds and notes, short-term instruments, loan participations and assignments, united sates government agencies, common stocks and other. Additionally, the fund may invest in credit derivatives, such as credit default swaps, and other derivative instruments for gaining synthetic exposures. It may invest without limit in securities. Its investment manager is Pacific Investment Management Company LLC.


NYSE:PCM - Post by User

PCM Fund Inc
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Comment by MGodmanon Sep 13, 2009 9:08pm
177 Views
Post# 16302079

RE: don't bother

RE: don't botherThey do own a large enough stake that to still make a nice profit. I think these results caught everyone by complete surprise and what I like is there was no insider buying ahead or a leak on these results. Tells me that management is straight forward and an honest group of guys and they do care about the shareholders. I think this goes much higher from here. Sitll in the early stages of accumulation.
Put FLG.v on the watch list for this week. Big news coming apparently and cheap at .05 cents.
CHEERS
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities