Is PGP a buy? - Seeking Alpha

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HEADLINES:

Equity CEFs: 4 Funds To Buy And 4 Funds To Sell
Douglas Albo • Mon, May 13 • 24 Comments
Top MoPay Dividend Dogs Seek 14.8% To 89.6% Net Gains In April
Fredrik Arnold • Wed, Apr 24 • 29 Comments
PIMCO Global StocksPLUS & Income Fund PGP: A High Yield Dividend Option, Is It Sustainable?
Mark Piro • Sun, Apr 14 • 25 Comments
Top Monthly Pay Dividend Dogs For March
Fredrik Arnold • Sun, Mar 17 • 41 Comments
Equity CEFs: The Insanity Of CEF Investors Revisited
Douglas Albo • Mon, Feb 25 • 26 Comments
Equity CEFs: No Rotation In The Allianz/PIMCO Funds
Douglas Albo • Tue, Feb 12 • 23 Comments
Monthly Pay Dividend Dogs: January Stocks Vs. Funds And Trusts
Fredrik Arnold • Fri, Jan 18 • 52 Comments
Equity CEFs: 2012 Review - As The Worm Turns
Douglas Albo • Thu, Jan 3 • 12 Comments
Why And How To Harvest Income In A Low-Yield World
Morningstar • Thu, Jan 3 • 30 Comments
Equity CEFs: My Article Performances From 2011
Douglas Albo • Mon, Dec 24, 2012 • 16 Comments
Monthly Pay Dividend Dogs: December Stocks Vs. Funds And Trusts
Fredrik Arnold • Sat, Dec 22, 2012 • 49 Comments
PIMCO Closed-End Funds On Sale At Lowest Premiums To NAV In A Year
Tim Plaehn • Fri, Nov 16, 2012 • 30 Comments
Monthly Pay Dividend Dogs: November 'Upsiders' Vs. 'Buy And Holders'
Fredrik Arnold • Thu, Nov 15, 2012 • 25 Comments
Closed-End Funds Trading At Premiums To NAV Are Seeing Their Bubbles Burst
Shane Blackmon • Tue, Oct 9, 2012 • 57 Comments
7 High-Yield Monthly Income Ideas For Election Season
Epsilon • Tue, Sep 11, 2012 • 13 Comments
The Best Equity CEF Market Price Performances YTD
Douglas Albo • Tue, Sep 4, 2012 • 14 Comments
Yes, There Is A (High-Yield) Dividend Bubble
Paulo Santos • Mon, Aug 27, 2012 • 107 Comments
Equity CEFs: Why The NAV Matters
Douglas Albo • Fri, Aug 3, 2012 • 25 Comments
Equity CEFs: Which Allianz/PIMCO Funds Offer The Best Risk/Reward (Part I)
Douglas Albo • Mon, Jul 9, 2012 • 14 Comments
Aircastle Seems Like A Decent Speculative Buy
Paulo Santos • Tue, Jul 3, 2012 • 3 Comments

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PIMCO Global StocksPLUS & Income Fund PGP: A High Yield Dividend Option, Is It Sustainable?
Mark Piro • Sun, Apr 14 • 25 Comments
Arbitrage Opportunity In The Closed-End Fund Space
Paulo Santos • Mon, Jul 2, 2012 • 24 Comments
Short-Selling PIMCO Global Stocks Plus and Allianz's Inconsistent Distribution Policy
Dan Plettner • Sun, Nov 21, 2010 • 33 Comments
A Closed-End Investor's Thesis on Distribution Variances and Allianz's Funds
Dan Plettner • Tue, Oct 19, 2010 • 16 Comments
PIMCO Global StocksPLUS & Income Fund Looks Overvalued
George Spritzer • Fri, Nov 13, 2009 • 11 Comments

Equity CEFs: 4 Funds To Buy And 4 Funds To Sell
Douglas Albo • Mon, May 13 • 24 Comments
Top MoPay Dividend Dogs Seek 14.8% To 89.6% Net Gains In April
Fredrik Arnold • Wed, Apr 24 • 29 Comments
Top Monthly Pay Dividend Dogs For March
Fredrik Arnold • Sun, Mar 17 • 41 Comments
Equity CEFs: The Insanity Of CEF Investors Revisited
Douglas Albo • Mon, Feb 25 • 26 Comments
Equity CEFs: No Rotation In The Allianz/PIMCO Funds
Douglas Albo • Tue, Feb 12 • 23 Comments
Monthly Pay Dividend Dogs: January Stocks Vs. Funds And Trusts
Fredrik Arnold • Fri, Jan 18 • 52 Comments
Equity CEFs: 2012 Review - As The Worm Turns
Douglas Albo • Thu, Jan 3 • 12 Comments
Why And How To Harvest Income In A Low-Yield World
Morningstar • Thu, Jan 3 • 30 Comments
Equity CEFs: My Article Performances From 2011
Douglas Albo • Mon, Dec 24, 2012 • 16 Comments
Monthly Pay Dividend Dogs: December Stocks Vs. Funds And Trusts
Fredrik Arnold • Sat, Dec 22, 2012 • 49 Comments
PIMCO Closed-End Funds On Sale At Lowest Premiums To NAV In A Year
Tim Plaehn • Fri, Nov 16, 2012 • 30 Comments
Monthly Pay Dividend Dogs: November 'Upsiders' Vs. 'Buy And Holders'
Fredrik Arnold • Thu, Nov 15, 2012 • 25 Comments
Closed-End Funds Trading At Premiums To NAV Are Seeing Their Bubbles Burst
Shane Blackmon • Tue, Oct 9, 2012 • 57 Comments
7 High-Yield Monthly Income Ideas For Election Season
Epsilon • Tue, Sep 11, 2012 • 13 Comments
The Best Equity CEF Market Price Performances YTD
Douglas Albo • Tue, Sep 4, 2012 • 14 Comments
Yes, There Is A (High-Yield) Dividend Bubble
Paulo Santos • Mon, Aug 27, 2012 • 107 Comments
Equity CEFs: Why The NAV Matters
Douglas Albo • Fri, Aug 3, 2012 • 25 Comments
Equity CEFs: Which Allianz/PIMCO Funds Offer The Best Risk/Reward (Part I)
Douglas Albo • Mon, Jul 9, 2012 • 14 Comments
Aircastle Seems Like A Decent Speculative Buy
Paulo Santos • Tue, Jul 3, 2012 • 3 Comments
Statistics Do Not Support Widely Held Closed-End Fund Misconceptions
Tim Plaehn • Sun, Jul 1, 2012 • 21 Comments

There are no Transcripts on PGP.

There are no News articles on PGP.

PGP vs. ETF Alternatives

Company Description

Currently, there's no company description for PGP.

Sector: Financial

Industry: Closed-End Fund - Equity

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Monday, December 3, 2012, 4:35 PM PIMCO Global StocksPLUS® & Income Fund (PGP) declares $0.18335/share monthly dividend, in line with previous. Forward yield 11.65%. For shareholders of record Dec. 13. Payable Jan. 02. Ex-div date Dec. 11. (PR) Comment! [Dividends]
Monday, October 15, 2012, 3:04 PM "Eat(ing) his own cooking," Bill Gross puts his own money into two Pimco closed-end offerings trading at premiums to their NAV. PCN and PTY sell at "just" 17%. and 18.5% premiums, respectively, but Gross notably did not pick up any PHK or PGP, both trading at more than 50% over NAV even after the recent sell-off. 1 Comment [Financials]
Wednesday, October 10, 2012, 12:41 PM Not limited to mortgage REITs, panic grips another favorite of income investors, closed-end investment funds - notably those trading far above NAV for seemingly no other reason than their fat yield. The payouts on many of these are sustained by digging into capital rather than by earning a return on it. PGP -7.5%, PHK -7.8%, PHT -5.5%. 8 Comments [Financials]
Monday, October 8, 2012, 3:25 PM Blinded by fat yields, investors continue to bid closed-end funds far higher than their NAVs. 66% of taxable and 73% of muni-bond funds trade above NAV now, compared to just 30% a year ago, with often the funds with the highest distributions having the highest premiums. "We believe that an excessive premium for the fund is not likely to be sustainable," says Gabelli of one of its funds. Are investors listening? 35 Comments [Financials]

Dr. Kris
High dividend funds getting bashed: Nearly a dozen hitting new lows, losing 3-5% on average just today. $PGP -8% is feeling the most pain.
11/15/12
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neobliviscar: Nah, not so much. Besides, disturbingly Bill Murray resembled our father w/ few beers in him. LN's tombstone: http://yhoo.it/XN6ZN9
11/16/12
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Dr. Kris: Perfect epitaph! He is missed.
11/16/12
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Shane Blackmon
closed-end funds are trading WELL above NAV. starting to get taken apart after Barron's article. $PHK, $PHT, $PGP. $PHK over 60% above NAV
10/9/12
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Shane Blackmon: tomorrow at a reasonable price (no discount), it would only be worth $8.38 the NAV for PHK
10/9/12
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Shane Blackmon: You wan't to pay $160 for somethign that is worth only $100?
10/9/12
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benrud
PHK is there any way to short these CEF's trading way over NAV (PGP)?
6/10/11
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Dr. Kris
(cont'd) Income funds hitting new highs with d/y's: PFL (7.1%), PHK (10.3%), PGP (9%) DHF (10.7%)
3/8/11
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HackFab: Long PDI and PDF
Jan 8, 1:28 PM
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Dr. Kris
Income Funds #1: Global & Emerging (PGP, ESD, EDD, EMB), Corporate (PCN, VCSH, CYE), Preferred (HPF, FFC), Hi-Income (PHK)
8/3/10
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LATEST REPLIES

Dr. Kris
(cont'd) Income funds hitting new highs with d/y's: PFL (7.1%), PHK (10.3%), PGP (9%) DHF (10.7%)
3/8/11
Reply (1)

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HackFab: Long PDI and PDF
Jan 8, 1:28 PM
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Dr. Kris
High dividend funds getting bashed: Nearly a dozen hitting new lows, losing 3-5% on average just today. $PGP -8% is feeling the most pain.
11/15/12
Reply (21)

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neobliviscar: Nah, not so much. Besides, disturbingly Bill Murray resembled our father w/ few beers in him. LN's tombstone: http://yhoo.it/XN6ZN9
11/16/12
• !Report Abuse
Dr. Kris: Perfect epitaph! He is missed.
11/16/12
• !Report Abuse
Add a reply...

140 characters

Shane Blackmon
closed-end funds are trading WELL above NAV. starting to get taken apart after Barron's article. $PHK, $PHT, $PGP. $PHK over 60% above NAV
10/9/12
Reply (5)

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Shane Blackmon: tomorrow at a reasonable price (no discount), it would only be worth $8.38 the NAV for PHK
10/9/12
• !Report Abuse
Shane Blackmon: You wan't to pay $160 for somethign that is worth only $100?
10/9/12
• !Report Abuse
Add a reply...

140 characters

PGP PIMCO Global StocksPLUS&Income Fund

PGP

PIMCO Global StocksPLUS&Income Fund