PCM Fund Inc V.PCM

Primary Symbol: PCM

PCM Fund, Inc. (the Fund) is a closed-end management investment company. The Fund’s investment objective is to achieve high current income. Capital gain from the disposition of investments is a secondary objective of the Fund. The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple fixed income sectors in the global credit markets, including corporate debt (including, among other things, fixed-, variable- and floating-rate bonds, loans (including, but not limited to, bank and/or other syndicated loans and non-syndicated (private direct) loans), convertible securities and stressed debt securities issued by United States or foreign (non-United States) corporations or other business entities. The Fund may invest in investment grade debt securities and below investment grade debt securities, including securities of stressed, distressed and defaulted issuers. Its investment manager is Pacific Investment Management Company LLC.

NYSE:PCM - Post by User

PCM Fund Inc

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Post by oxinoson Sep 25, 2009 12:26pm

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Post# 16338662

Insiders Own Directly and Indirectly

Empey, Donald 10,340,267 shares
Wolff, J. Marvin 2,906,500 shares
Johnson, Brent H. 1,000,000 shares

Donald Empey had purchased 500,000 in 2007 at 11 cents per share!

In my opinion they have put their money in this company. Now they are using their resources and concentrating their efforts to bring the Mabel deposit in production.

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