About the Company
Pimco Energy and Tactical Credit Opportunities Fund’s primary investment objective is to seek total return, with a secondary objective to seek to provide high current income. The fund will invest, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in investments linked to the energy sector and in investments linked to the credit sectors. Under normal circumstances, the fund will invest, directly or indirectly, at least 66% of its net assets in energy investments. The fund currently expects, under normal circumstances, to obtain significant exposure to master limited partnerships (“MLPs”) and other energy companies. The extent of the fund’s investments in MLPs and the manner in which the fund makes such investments are limited by its intention to qualify as a regulated investment company for U.S. federal income tax purposes. Under normal circumstances, at the close of any quarter of its taxable year, the fund will invest no more than 25% of its total assets in the securities of one or more MLPs that are treated as “qualified publicly traded partnerships” within the meaning of Section 851(h) of the Internal Revenue Code of 1986 (the “Code��), in accordance with the requirements of Subchapter M of the Code. Investments linked to the energy sector include investments in: (i) companies that: (a) have at least 50% of their assets, revenues, or profits committed to or derived from (1) energy infrastructure or acquisition, including exploring, mining, recovering, developing, producing, transporting, storing, gathering, compressing, processing (including fractionating), distributing, delivering, treating, refining, servicing, and marketing natural gas, natural gas liquids, crude oil, refined products, coal, electricity, or renewable energy products (including, without limit, biomass, hydropower, geothermal, wind, and/or solar); (2) providing materials to, processing materials for, or providing equipment or services to companies described in (1); or (3) owning or managing energy assets defined in (1) or (2); or (b) are classified as the “Energy” sector or the “Electric Utilities,” “Gas Utilities” or “Independent Power and Renewable Electricity Producers” industries under the Global Industry Classification Standard or are classified as the “Energy,” “Electric Utility,” or “Natural Gas Utility” sectors under the Bloomberg Barclays Indices Global Sector Classification Scheme; (ii) energy-related commodities, including natural gas, natural gas liquids, crude oil, refined products, coal, electricity, ethanol and other biofuels, or emissions; and/or (iii) derivative instruments that provide economic exposure to these types of investments. To the extent the fund obtains exposure to MLPs through the use of total return swaps (“MLP swaps”), it expects to hold cash and cash equivalents and/or high quality debt instruments in an amount equal to the full notional value of such MLP swaps. The fund may also invest in a wide range of credit sectors, including, without limit, corporate debt, including fixed-, variable-, and floating rate bonds, loans and debt securities issued by U.S. and foreign corporations, including emerging market issuers.
Exchange
NEW YORK STOCK EXCHANGE INC.
Website
www.pimco.com/en-us/investments/closed-end-funds/energy-and-tactical-credit-opportunities-fund
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Latest $NRGX News
PIMCO Energy and Tactical Credit Opportunities Fund (XNRGX)
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Pimco Dynamic Income Strategy Fund (NRGX)
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PAXS: PIMCO's Newest Closed End Fund Continues To Deliver
including geographic and credit sector emphasis, PIMCO will manage the fund with a focus on seeking income generating investment ideas across fixed income sectors, including opportunities in ...
Craig A Dawson's Net Worth
PIMCO CORPORATE & INCOME OPPORTUNITY FUND, PIMCO Energy & Tactical Credit Opportunities Fund, PIMCO Dynamic Income Fund, PIMCO MUNICIPAL INCOME FUND II, PIMCO CALIFORNIA MUNICIPAL INCOME FUND II ...
Closing Bell: Pimco Tactical Income Opportunites Fund up on Tuesday (PTO-UN)
Pimco Tactical Income Opportunites Fund opened trading today at $7.01 and closed at $7.07. prices ranged from $7.01 to $7.10. Share prices advanced 0.43% from the previous day's close of $7.04.
Miller Colleen Dean's Net Worth
PIMCO CORPORATE & INCOME OPPORTUNITY FUND, PIMCO Energy & Tactical Credit Opportunities Fund, PIMCO CALIFORNIA MUNICIPAL INCOME FUND II, PIMCO Dynamic Income Fund, PIMCO MUNICIPAL INCOME FUND II ...
PIMCO Global Income Opportunities Fund Announces Annual Redemption
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PIMCO Tactical Income Opportunities Fund (PTO-UN.TO)
Not for distribution to United States newswire services or for dissemination in the United States TORONTO, April 19, 2024 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) is pleased to announce ...
PDO And PDX: Delivering Monthly Income To Investors
PIMCO offers a suite of closed-end funds for investors to receive attractive monthly distributions. PIMCO Dynamic Income Opportunities ... energy industry. PIMCO will, on behalf of the fund ...
PIMCO Investment Grade Credit Bond Fund;A
The Fund seeks maximum total return ... varies within two years of the portfolio duration of the Bloomberg U.S. Credit Index.
Pimco Dynamic Income Strategy Fund Declares Common Share Distributions
NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees (the “Board”) of PIMCO Dynamic Income Strategy Fund (the “Fund”) (NYSE: PDX)1 has declared the next two distributions for ...
Closing Bell: Pimco Tactical Income Opportunites Fund flat on Friday (PTO-UN)
In trading today, Pimco Tactical Income Opportunites Fund stock opened at $7.01 and closed at $None. Intraday prices ranged from a low of $6.97 to a high of $7.03 ...
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