I Don't Own a Single PIMCO Closed-End Fund. Should I?

A real, numbers-first look at PIMCO's CEF lineup vs. the NEOS income ETFs actually sitting in my portfolio.

With the war in Iran still dragging on and this economy feeling shakier by the month, a lot of you are looking for ways to protect your income, not just grow it. So here’s a question worth sitting with: could an old-school, decades-old fund structure actually give you more stability than the shiny new stuff?

There’s a family of income funds that’s been around since 2002 — some of them even longer. Double-digit yields on paper. 15%, 16%, sometimes 17%. A lot of income investors treat them like gospel.