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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

Comment by ss1867on Dec 15, 2011 11:21pm
293 Views
Post# 19327667

RE: Opinion

RE: OpinionBuy GDX instead, a bargain at a nickle. When risk comes back into the market no one will touch this litter box gem with a ten foot pole. Pretty hard to polish a turd, sure it looks tempting at a penny but you could loose big on a 1 cent stock just as easily as you could on a $1.00 stock. Have these guys even had a NR in the last 9 months ? They were able to raise a whopping  " How much " in their last offering ? ZERO INTEREST = ZERO APPRECIATION. This thing has been dead for years, even a little nudge in the share price will have share holders running for the exits just to recoup some of their money. Far better picks out there.
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