"Sell America" Is Dead, but Nobody Told These 3 Popular Funds
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Shift in Investment Focus: The "buy Europe" trend has diminished as European corporate profits have failed to meet expectations, leading investors to shift back towards American markets which are showing stronger earnings growth.
Caution on European Funds: Investors are advised to avoid certain funds with significant European exposure due to potential declines in value linked to disappointing earnings from European firms, while highlighting the opportunities in US stocks, particularly those benefiting from advancements in artificial intelligence.
Analyst Views on PFN
Wall Street analysts forecast PFN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 7.410
Low
Averages
High
Current: 7.410
Low
Averages
High
About PFN
PIMCO Income Strategy Fund II (the Fund) is a closed-end management investment company. The Fund's primary investment objective is to seek maximum total return through a combination of current income and capital appreciation. The Fund seeks to achieve its objective by ordinarily investing in a diversified portfolio of floating or fixed-rate debt instruments. The Fund may invest a substantial portion of its floating-rate assets in floating-rate loans. The Fund allocates assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities. The Fund will not invest more than 20% of its total assets in securities that are, at the time of purchase, rated CCC/Caa or below by each ratings agency rating the security, or that are unrated but judged by PIMCO to be of comparable quality. Pacific Investment Management Company LLC acts as the investment manager of the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
