Is PFN a Friend, Question Mark or Foe?

PFN is classified a Question Mark under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the PFN distribution?

A Question Mark is an income asset with a mixed or incomplete quality record — some income-quality signals are strong while others are weak, or the available history is too short to classify with confidence. It warrants a closer look rather than a conclusion.

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PFN Income Quality Score

Name: PFN Income Quality Score
Creator: Income Quality Score
Keywords: PFN income quality, PFN dividend quality, PFN dividend safety, PFN distribution history, PFN dividend score, PFN analysis, PIMCO Income Strategy Fund II dividend

PIMCO Income Strategy Fund II (PFN) has an Income Quality Score of 61/100, classified as a Question Mark with high confidence, based on a 10-year income and total-return history.

PIMCO Income Strategy Fund II (PFN) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 5 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

61/100

Question MarkHigh confidence

Asset Type

CEF

Exchange

NYSE

Trailing Yield (TTM)

Not published

No normalized trailing yield is published for closed-end funds in this snapshot.

Rank in CEF Universe

116 of 358

Lookback

10-year

Data as of

June 30, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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PFNPIMCO Income Strategy Fund II

61Question MarkHigh confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: Closed-End Fund

IQ Score History

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

39/100

Working Capital Preservation

71/100

Distribution Cut Score

100/100

Distribution Trend

50/100

NAV CAGR

66/100

What is working

Working capital preserved over time
No material annual distribution decline across 10 full years of data
Stable NAV over available history

Distribution Safety

6Years raised

0Years cut

23Years of data

HeldCurrent trend

High confidence (10-year history)

20040.0912Held
20051.2969Raised
20062.0725Raised
20071.7317Lower total
20081.3614Lower total
20091.5859Raised
20100.9307Lower total
20110.78Lower total
20121.4Raised
20130.96Lower total
20141.1148Raised
20151.03Lower total
20160.96Lower total
20170.96Held
20181.03Raised
20190.96Lower total
20200.96Held
20210.9272Lower total
20220.8616Lower total
20230.8616Held
20240.8616Held
20250.8616Held
20260.4308Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.