$9.92 0.03 (+0.30%)
12/3/2009 4:01 PM

PIMCO Floating Rate Strategy Fund (PFN)

CAPS Rating: 5 out of 5

Closed end fund.

Current Price $9.92 Mkt Cap $425.32M
Open $0.00 P/E Ratio 0.00
Prev. Close $9.89 Div. (Yield) 0.70 (7.10%)
Daily Range $9.81 - $10.00 Volume 195,355
52-Wk Range $3.30 - $10.10 Avg. Daily Vol. 160,000

PFN News and Commentary

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Caps

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All Members

27 Outperform
2 Underperform
 

All-Star Members

6 Outperform
0 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top PFN Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

idefix04 (< 20)
Submitted February 14, 2008

Man this is cheap. Jump on board with Bill Gross, my friend, and earn a 12% return on your investment right off the bat. Easy money.

Top Bear Pitch

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If this upsets you, start recommending pitches below!

PFN VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from members about PFN.

Recs

0
Member Avatar investorpoet2 (75.76) Submitted: 9/17/2009 9:59:52 AM : Outperform Start Price: $9.03 PFN Score: +6.92

I'm adding PIMCO Floating Rate Strategy Fund (PFN) today just to keep a close eye on it. It's trading very near its net asset value, so not much value there. However, it has a 8.23% dividend yield.

This is a closed-end fund that invests in floating rate debt instruments. I could be wrong on this, but shouldn't that yield grow in an increasing rate environment? With rates at historic lows, that growing yield should be nice in the long-term.

Recs

0
Member Avatar d3wilbur (< 20) Submitted: 9/18/2008 6:14:25 PM : Underperform Start Price: $11.90 PFN Score: +0.15

Some things are cheap for a reason. This is a Junk Bond Fund. It has more risk than your average stock fund, a shameless expense ratio, and a terrible track record.

Don't let your Full-Commission Broker talk you into buying this garbage.

Recs

1
Member Avatar idefix04 (< 20) Submitted: 2/14/2008 1:17:27 AM : Outperform Start Price: $11.21 PFN Score: +4.47

Man this is cheap. Jump on board with Bill Gross, my friend, and earn a 12% return on your investment right off the bat. Easy money.

Leaderboard

Find the members with the highest scoring picks in PFN.

Score Leader

thehammer02

thehammer02 (99.82) Score: +64.55

The Score Leader is the member with the highest score across all their picks in PFN.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score Commentary
jah609 61.01 2/23/2009 Outperform 5Y $5.32 +86.34% +43.52% +42.82
steveowned 73.41 2/5/2009 Outperform 1Y $6.04 +64.29% +32.59% +31.69
ernski4 < 20 2/2/2009 Outperform 1Y $5.96 +66.56% +37.70% +28.86
swansong16 39.24 6/1/2009 Outperform NS $6.84 +44.93% +17.73% +27.20
This player feels very strongly about this pick and has marked it a Top Pick. Top Picks do not affect a player’s score. surfnica 98.15 1/21/2009 Outperform NS $6.07 +63.29% +37.06% +26.24
SowingSeed 93.00 6/24/2009 Outperform 1Y $7.05 +40.72% +22.24% +18.47
SOdiorne 70.92 1/12/2009 Outperform NS $6.97 +42.27% +26.44% +15.83
rookie02 79.38 6/30/2009 Outperform 5Y $7.34 +35.16% +19.36% +15.80
Adino749 78.28 4/2/2008 Outperform 5Y $10.45 -5.04% -16.61% +11.56
seedrop 99.55 9/9/2009 Outperform 5Y $8.37 +18.59% +7.35% +11.24

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