Chasing the Yield

You work and your money should too

Tag: fixed income funds

  • Profit taking to take advantage of some losses

    Profit taking to take advantage of some losses

    Yesterday I wrote how I closed out positions in two PIMCO funds. Specifically I closed out symbols PCKTX and PONPX. The money from those funds went into two closed end funds also from PIMCO. Those symbols are PCN and PFN. You can reference yesterday’s post for more details. The value of those funds declined significantly […]

  • Making changes to my Medium Yield Portfolio

    Making changes to my Medium Yield Portfolio

    I made an investment last year into PIMCO StocksPlus Small Fund (PCKTX). I didn’t understand it much (that should have been my first clue to not invest) but the dividend yield was around 17% at the time and I decided to take the plunge. I knew full well a dividend of that size would mean […]