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PIMCO Global StocksPLUS® & Income Fund Reports Results For The Fiscal Quarter And Six Months Ended September 30, 2011

PIMCO Global StocksPLUS ® & Income Fund (the "Fund") (NYSE: PGP), a non-diversified, closed-end management investment company which seeks total return comprised of current income, current gains and long-term capital appreciation, today announced its results for the fiscal quarter and six months ended September 30, 2011.

         

 

At September 30,

2011

2010

Net Assets $111,783,237 $135,135,835
Shares Outstanding 10,199,229 10,091,638
Net Asset Value ("NAV") $10.96 $13.39
Market Price $17.83 $22.11
Premium to NAV 62.68% 65.12%
Undistributed Net Investment
Income Per Share (b) $0.1913 $0.1277
 
 

 

Quarter ended September 30,

2011

2010

Net Investment Income (a) $4,815,934 $4,033,774
Per Share (a) $0.48 $0.41
Net Realized and Change in Unrealized Gain (Loss) (a) $(35,447,890) $21,024,289
Per Share (a) $(3.46) $2.10
 
 
 

 

2011

Six Months ended September 30,

2010

Net Investment Income (a) $8,897,934 $7,905,179
Per Share (a) $0.88 $0.79
Net Realized and Change in Unrealized Gain (Loss) (a) $(38,074,531) $11,508,722
Per Share (a) $(3.70) $1.18
 

(a) The information provided is in accordance with generally accepted accounting principles ("GAAP"), which requires the Fund to treat amounts accrued by the Fund under swap agreements as net realized and unrealized gain (loss). However, these amounts are treated as net investment income (loss) for federal income tax purposes. By using GAAP, Net Investment Income for the fiscal quarter and six months ended September 30, 2011 was $1,232,345 ($0.12 per share) and $2,943,003 ($0.29 per share) lower, respectively, and Net Realized and Change in Unrealized Loss correspondingly lower than those figures would have been if swap amounts were treated as net investment income. By using GAAP, Net Investment Income for the fiscal quarter and six months ended September 30, 2010 was $964,526 ($0.10 per share) and $2,771,290 ($0.28 per share) lower, respectively, and Net Realized and Change in Unrealized Gain correspondingly higher than those figures would have been if swap amounts were treated as net investment income.

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