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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-21), PIMCOorate &ome Strategy Fund's Beta is 0.6632.
PIMCOorate &ome Strategy Fund (NYSE:PCN) Beta Explanation
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
PIMCOorate &ome Strategy Fund Beta Related Terms
PIMCOorate &ome Strategy Fund Beta Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, PIMCOorate &ome Strategy Fund's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PIMCOorate &ome Strategy Fund Beta vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PIMCOorate &ome Strategy Fund's Beta distribution charts can be found below:
* The bar in red indicates where PIMCOorate &ome Strategy Fund's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
PIMCOorate &ome Strategy Fund (PCN) has a Beta of 0.6632 as of Aug. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PIMCOorate &ome Strategy Fund and its competitors.
Is PIMCOorate &ome Strategy Fund's Beta too high?
PIMCOorate &ome Strategy Fund's current Beta is 0.6632. Overall, PIMCOorate &ome Strategy Fund has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PIMCOorate &ome Strategy Fund's Beta compare to AWF and BBDC?
PIMCOorate &ome Strategy Fund's Beta of 0.6632 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Asset Management company?
A good Beta depends on the Asset Management industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PIMCOorate &ome Strategy Fund and its competitors. PIMCOorate &ome Strategy Fund's current Beta is 0.6632. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PIMCOorate &ome Strategy Fund stock overvalued right now?
Based on GuruFocus' analysis, PIMCOorate &ome Strategy Fund (PCN) is currently considered Fairly Valued. The stock's GF Value™ is $10.80, compared to a current price of $11.66 — trading 8% above its estimated fair value. The current Beta is 0.6632. PIMCOorate &ome Strategy Fund's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For PIMCOorate &ome Strategy Fund (PCN), the current Beta is 0.6632 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PIMCOorate &ome Strategy Fund (PCN) Overvalued in 2026?
Based on GuruFocus' analysis, PIMCOorate &ome Strategy Fund stock appears to be overvalued.
The current stock price of $11.66 is trading 8% above its estimated GF Value™ of $10.80.
GuruFocus considers PIMCOorate &ome Strategy Fund to be Fairly Valued.
Key valuation signals for PCN:
Beta: 0.6632
GF Value™: $10.80 vs. price of $11.66 (8% above fair value)
No single metric tells the full story. See the PCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PIMCO Corporate & Income Strategy Fund is a closed-end management investment company. Its objective is to seek high current income with capital appreciation as a secondary objective. It invests in corporate bonds and notes, non-agency mortgage-backed securities, asset-backed securities, short-term instruments, and others.
51GF Score
Get the complete analysis for PCN
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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