As you can see in the following table, PIMCO offers some compelling bond fund CEFs, yielding 10%+, paid monthly. However, you might also want to take a look at the current distribution coverage ratios, price premiums (versus NAV), and share prices (versus 5-year range) before investing, as you can see below.
PAXS and PDO remain our current favorites, both yielding over 11%, trading at relatively small price premiums, and offering well-covered distributions (over the last 3 months).
Here are a few more things you may want to consider before investing.
If you are an income-focused investor, PDO and PAXS are absolutely worth considering. We are currently long both in our Blue Harbinger High Income NOW Portfolio