PCN CEF — PIMCO Corporate & Income Strategy Fund

PIMCO Corporate & Income Strategy Fund (PCN)

Updated November 6, 2026.

PCN is a CEF. Its distribution rate is 12.20%, its trailing-12-month yield is 12.25%, its expense ratio is 0.8577%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 805.2% over the past 24.9 years, 91.7 points behind SPY at 896.9%.

PCN performance versus SPY

As of Nov 5, 2026

Total return is 805.2% over the past 24.9 years, 91.7 points behind SPY at 896.9%. Over the past year its total return — price change plus distributions reinvested — is -5.7%. Its deepest 1-year drawdown was 11.5%.

PCN key facts

Distribution Safety Score™

79 · Generally safe

Safety-Adjusted Yield

9.64%

Issuer

PIMCO

Asset type

CEF

Asset class

Fixed Income

Inception date

12/21/2001

Expense ratio

0.8577%

Distribution rate

12.20%

Distribution frequency

Monthly

Trailing yield

12.25%

5-year average yield

10.23

Last close

$11.07 (as of 2026-11-06)

NAV

$11.01

Premium / discount

Premium not shown · NAV date unknown

Market cap

$825,788,800

Average volume

489,771

Dividend

$0.1125

Ex-dividend date

11/13/2026

Payment date

12/01/2026

Beta

0.813

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage. ?

How Dividend Vision calculates yield and returns

Distribution rate (12.20%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (12.25%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: PIMCO; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PCN risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.5%.

Who may consider PCN — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PCN

• All tickers starting with P

Tagged: Fixed Income, Credit, CEF.

Frequently asked questions

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