The Pershing Square IPO drew attention to closed-end funds, high-yield investments that can be a boon in volatile markets.

A 71-year-old retiree holding $850,000 across a basket of closed-end funds is generating roughly $61,000 a year in distributions. That works out to a blended yield of about 7.2%, with several of the ...

Quick Read Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) yields 9.1% at market price with a 19% ...

Last month saw a significant rebound in the broader equity market, led by strong gains in the Nasdaq Composite. Here's what ...

The above funds have adopted a managed distribution plan. Under a managed distribution plan, to the extent that sufficient investment income is not available monthly, the fund will distribute ...

MFS Investment Management ("MFS") announced today that the reorganization of MFS High Income Municipal Trust (NYSE: CXE), MFS High Yield Mun ...

DXYZ has seen volatile trades recently, with the closed-end fund rising 69% on Monday and falling about 23% on Tuesday.

PIMCO Corporate & Income Strategy Fund (NYSE: PCN) $0.112500-- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) $0.118800-- PIMCO Income Strategy Fund (NYSE: PFL) $0.081400-- PIMCO Income ...

These kinds of considerations explain why, on April 29th, Bill Ackman raised $5bn for a new “closed-end” fund, from which clients cannot remove their capital. Pershing Square USA, listed on the New ...

^As of 12/31/25. The inception date for each closed-end fund follows: RMI (10/25/2018), RMM (7/25/2019), RFM (3/26/2020), RFMZ (2/24/2021), RMMZ (2/10/2022), RIV (12/24/2015) and OPP (9/27/2016).

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution ...