XPCNX

About XPCNX

PIMCO Corporate & Income Strategy Fund is a closed-ended fixed income mutual fund designed to provide high current income, with secondary objectives of capital preservation and capital appreciation. The fund is managed by Allianz Global Investors Fund Management LLC and co-managed by Pacific Investment Management Company LLC, leveraging PIMCO’s expertise in active bond management. Its portfolio primarily includes a diverse range of U.S. fixed income securities, such as treasury bonds, corporate notes, U.S. government agency instruments, as well as mortgage-backed and asset-backed securities, investing across multiple sectors and issuers. Employing a dynamic asset allocation approach, the fund’s strategy emphasizes duration management, credit quality analysis, and risk management to balance yield potential with risk controls. The fund is known in the market for its strong income generation, often distributing yields that exceed those of comparable funds, a feature made possible in part by its use of leverage. Since its inception in 2001, the fund has played a significant role in offering income solutions to investors, particularly in periods of changing interest rates and credit conditions, and serves as a key vehicle for diversified exposure to U.S. fixed income markets.