Pacific Investment Management Co. is among asset managers looking at buying a portion of $3 billion of debt tied to Elon Musk ...

Los Angeles municipal bond issuers should be able to absorb losses caused by fires in the region without disrupting payments ...

Financial writer highlights distribution cuts by PIMCO, factors affecting sustainability, PDI's status, and positive impact ...

Bond manager’s $7 billion stake in Venture Global latest sign that traditional asset managers are making inroads investing in ...

Representatives for Pimco, Apollo and Morgan Stanley declined to comment. The offering follows the sale of a $1 billion chunk of debt tied to Musk’s purchase of the social-media platform.

Legal experts suggest the nation’s largest municipal utility will face paying damages to homeowners after fire crews were ...

U.S. bond fund manager PIMCO said on Wednesday. "While the situation is devastating, our baseline expectations are that the long-term credit impact of the Los Angeles wildfires will be manageable ...

While Pimco and Apollo are reviewing the revamped ... along with a number of other funds. The pricing — previously reported to be in the range of 90 to 95 cents on the dollar — would mark ...

Pimco, one of the world’s largest bond managers, owns 354 million Class A shares of Venture Global (VG), the natural-gas exporter that went ...

S&P 500, Bank of America Corp, Microsoft Corporation, Apple Inc. Read Contrarian Outlook (Michael Foster)'s latest article on ...

What's a way to generate significant passive income that many investors don't know about? Closed-end funds (CEFs). They're ...