Wunderlich Capital Managemnt buys $2 Million stake in Pimco Corporate & Income Strategy Fund (PCN)

Pimco Corporate & Income Strategy Fund (PCN) : Wunderlich Capital Managemnt scooped up 519 additional shares in Pimco Corporate & Income Strategy Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 136,789 shares of Pimco Corporate & Income Strategy Fund which is valued at $2 Million.Pimco Corporate & Income Strategy Fund makes up approximately 1.71% of Wunderlich Capital Managemnt’s portfolio.

Other Hedge Funds, Including , Gerber Kawasaki Wealth Investment Management boosted its stake in PCN in the latest quarter, The investment management firm added 65,335 additional shares and now holds a total of 107,535 shares of Pimco Corporate & Income Strategy Fund which is valued at $1.6 Million. Pimco Corporate & Income Strategy Fund makes up approx 1.08% of Gerber Kawasaki Wealth Investment Management’s portfolio.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. Lattice Strategies added PCN to its portfolio by purchasing 10,320 company shares during the most recent quarter which is valued at $149,021. Pimco Corporate & Income Strategy Fund makes up approx 0.12% of Lattice Strategies’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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