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PIMCO Multi-Sector Income Fund T.PIX


Primary Symbol: T.PIX.UN

PIMCO Multi-Sector Income Fund (the Fund) is a Canada-based closed-end investment fund. The Fund’s investment objectives is to provide unitholders (the Unitholders) with current income as primary objective and capital appreciation as secondary objective, through various market cycles, by utilizing a dynamic asset allocation strategy among multiple sectors in the global credit markets, including corporate debt, mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds, other fixed-, variable- and floating-rate income-producing securities of U.S. and global issuers, including emerging market issuers, and real estate-related investments. PIMCO Canada Corp. (PIMCO Canada) is the trustee, investment fund manager and portfolio adviser of the Fund (the Manager), Pacific Investment Management Company LLC (PIMCO) is the sub-adviser and State Street Trust Company Canada is the custodian of the Fund.


TSX:PIX.UN - Post by User

Post by SolidFuelon Jul 16, 2011 4:15am
481 Views
Post# 18838398

PIX vs RAX

PIX vs RAXTake a look at the share price performance of RAX (the 900 pound gorilla of this industry)... it has seriously outperformed PIX.  That makes me think that Rackspace could make an offer for PIX and easily pay a significant premium to PIX's current share price.
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