Lattice Strategies adds Pimco Corporate & Income Strategy Fund (PCN) to its portfolio

Pimco Corporate & Income Strategy Fund (PCN) : Lattice Strategies added new position in Pimco Corporate & Income Strategy Fund during the most recent quarter end. The investment management firm now holds 10,320 shares of Pimco Corporate & Income Strategy Fund which is valued at $149,021 , the company said in a statement filed on May 2, 2016 with the SEC.Pimco Corporate & Income Strategy Fund makes up approximately 0.12% of Lattice Strategies’s portfolio.

Other Hedge Funds, Including , Ifp Advisors Inc boosted its stake in PCN in the latest quarter, The investment management firm added 8,171 additional shares and now holds a total of 12,268 shares of Pimco Corporate & Income Strategy Fund which is valued at $177,150. Pimco Corporate & Income Strategy Fund makes up approx 0.01% of Ifp Advisors Inc’s portfolio. Investment Centers Of America Inc added PCN to its portfolio by purchasing 23,730 company shares during the most recent quarter which is valued at $339,102. Pimco Corporate & Income Strategy Fund makes up approx 0.04% of Investment Centers Of America Inc’s portfolio.Traynor Capital Management reduced its stake in PCN by selling 3,294 shares or 13.43% in the most recent quarter. The Hedge Fund company now holds 21,227 shares of PCN which is valued at $303,546. Pimco Corporate & Income Strategy Fund makes up approx 0.24% of Traynor Capital Management’s portfolio.

Pimco Corporate & Income Strategy Fund is a United-States-based closed-end fund. The Fund’s primary investment objective is to seek high current income with a secondary objective of capital preservation and appreciation. The Fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities other corporate income-producing securities and income-producing securities of non-corporate issuers such as the United States government securities municipal securities and mortgage-backed and other asset-backed securities issued on a public or private basis. It invests at least 25% of its total assets in corporate debt obligations and other corporate income-producing securities. It may invest a maximum of 25% of its total assets in non-United States-dollar-denominated securities. It maintains an average portfolio duration of between 0 and 8 years. Pacific Investment Management Company LLC serves as the Fund’s investment manager.

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