PAXS: High-Yield Bond Fund Trading At A Discount To NAV [Seeking Alpha]
PIMCO Access Income Fund (PAXS)
Company Research
Source: Seeking Alpha
PAXS offers a consistent 12.28% annual yield with monthly distributions and currently trades at a rare -0.88% discount to NAV. The fund is diversified across sectors and maturities, employs 39% leverage, and is managed by a highly experienced PIMCO team. Despite market headwinds and risks from private credit/CLO exposure, I expect PAXS to revert to a premium as yield-seeking demand returns. Torsten Asmus/iStock via Getty Images I rate PIMCO Access Income Fund (NYSE: PAXS ) a Buy, for income-focused investors who are looking for long-term buy-and-hold investments. This closed-end fund from PIMCO is currently trading at a discount to Net Asset Value (NAV), which This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of PAXS, CEFS, PDO, PDI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Al
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PAXS
Sec Filings
- 3/5/26 - Form N-CSRS
- 3/2/26 - Form NPORT-P
- 2/2/26 - Form 3
- PAXS's page on the SEC website