|Bid||15.87 x 800|
|Ask||16.14 x 1100|
|Day's Range||15.75 - 15.98|
|52 Week Range||15.02 - 21.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.60 (9.91%)|
|1y Target Est||N/A|
The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NRGX) has declared a special year-end distribution as summarized below. In addition to the regular quarterly dividend, this special year-end distribution is being paid to allow the Fund to meet its 2019 distribution requirement for federal excise tax purposes. The Fund’s total distribution will be taxable to shareholders in 2019.
The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSE: NRGX) has declared a quarterly distribution of $0.400000 per share payable on January 2, 2020 to shareholders of record on December 12, 2019, with an ex-dividend date of December 11, 2019. Distributions may include ordinary income, net capital gains and/or returns of capital. Generally, a return of capital occurs when the amount distributed by the Fund includes a portion of (or is comprised entirely of) your investment in the Fund in addition to (or rather than) your pro-rata portion of the Fund’s net income or capital gains.
Market gains and more-investor-friendly structures have spurred a spate of new closed-end funds. The closed-end market is dominated by yield-oriented funds focused on bonds and high-yielding equities like master limited partnerships and real estate investment trusts. The Pimco fund, which owns MLPs, other energy infrastructure companies, and energy-company debt, has a current yield of 9.5%.