PIMCO Preferred and Capital Securities Fund Class A (PFANX)
Price:
9.74 USD
( - -0.01 USD)
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0 USD
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DESCRIPTION
The fund invests at least 80% of its assets in a diversified portfolio of preferred securities and Capital Securities. "Capital Securities" include securities issued by U.S. and non-U.S. financial institutions that can be used to satisfy their regulatory capital requirements. It will invest under normal circumstances at least 25% of its net assets in preferred securities. The fund may invest up to 20% of its total assets in common stock. It may also invest in contingent convertible securities.
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