PIMCO Income Strategy Fund II
Sponsor: PIMCO · Inception Oct 27, 2004 · Pays monthly
Market priceShare price
$6.23
+0.48% (+$0.03)
NAVAsset value per share
$6.52
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
4.45% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
13.83%
regular, annualised · on NAV 13.21%
Expense ratioAnnual cost
2.33%
fee table, Jun 30, 2026
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:41 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 31, 2026. 592 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Equity (common) | 7.53% | $55.9M |
| Debt | 55.34% | $411M |
| Loans | 34.39% | $255M |
| CDO/CLO | 2.11% | $15.7M |
| Mortgage-backed | 12.52% | $92.9M |
| Derivative (interest rate) | 11.43% | $84.8M |
| Short-term investment vehicle | 10.50% | $77.9M |
| ABS (other) | 1.78% | $13.2M |
| Equity (preferred) | 1.01% | $7.5M |
| Derivative (equity) | 0.21% | $1.5M |
| Derivative (FX) | 0.04% | $260K |
| Repurchase agreement | -36.43% | $-270M |
| Derivative (credit) | -0.43% | $-3.2M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| Colombia | 5.60% | $41.5M |
| Luxembourg | 5.43% | $40.3M |
| United States | 49.70% | $369M |
| Germany | 3.78% | $28.1M |
| Bermuda | 3.70% | $27.5M |
| United Kingdom | 3.49% | $25.9M |
| Spain | 3.31% | $24.6M |
| Cayman Islands | 2.35% | $17.5M |
| Brazil | 2.21% | $16.4M |
| Nigeria | 2.06% | $15.3M |
| Austria | 1.96% | $14.6M |
| Argentina | 1.86% | $13.8M |
Region
| Region | % net assets | Value |
|---|---|---|
| Offshore domiciles | 6.06% | $44.9M |
| United States | 49.70% | $369M |
| Developed Europe | 23.96% | $178M |
| Africa | 2.16% | $16.1M |
| Other | 2.13% | $15.8M |
| Latin America | 10.45% | $77.5M |
| Middle East | 1.99% | $14.7M |
| Canada | 1.51% | $11.2M |
| Emerging Europe | 0.74% | $5.5M |
| Japan | 0.64% | $4.7M |
| Asia ex-Japan | 0.53% | $3.9M |
| Australia & New Zealand | 0.14% | $1M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Registered fund | 7.76% | $57.5M |
| Corporate | 61.54% | $457M |
| U.S. GSE | 3.63% | $26.9M |
| Non-U.S. sovereign | 12.85% | $95.3M |
| Other | 12.84% | $95.2M |
| Municipal | 0.85% | $6.3M |
| U.S. Treasury | 0.54% | $4M |
| U.S. government agency | 0.00% | $12.3K |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 2 | 74.38% | $552M |
| Level 3 | 14.98% | $111M |
| Level 1 | 10.64% | $79M |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 125.19% | $929M |
| N/A | 11.24% | $83.4M |
| Short | -36.43% | $-270M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 592 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| STEINHOFF CVRrestricted | — | Equity deriv. | OTHER | Netherlands | 24,971,388 | shares | $29 | 0.00% | 3 |
| Deutsche Bank AG | — | Credit deriv. | OTHER | United Kingdom | 17,640 | OU | $9 | 0.00% | 3 |
| ADLER Group SA | LU2900363131 | Equity | CORP | Luxembourg | 1,253,950 | shares | $1 | 0.00% | 3 |
| Mercury Aggregator LP | — | Loan | CORP | United States | 2,450,265 | principal | $0 | 0.00% | 3 |
| First Horizon Mortgage Pass-Through Trust | 32051GXN0 | MBS | CORP | United States | 1,249 | principal | $0 | 0.00% | 2 |
| OCS Group Holdings Ltd | — | Loan | CORP | United Kingdom | 0 | principal | $0 | 0.00% | 2 |
| WEST MARINE NEW WARRANT | — | Equity deriv. | OTHER | United States | 357 | shares | $0 | 0.00% | 3 |
| COLUMBUS MCKINNON CORPORATION | 19933MAS2 | Loan | CORP | United States | 0 | principal | $0 | 0.00% | 2 |
| SWORD PURCHASER LLC | 87110SAB8 | Loan | CORP | United States | 0 | principal | $0 | 0.00% | 2 |
| Obol France 3 SAS | — | Loan | CORP | France | 0 | principal | $0 | 0.00% | 2 |
| WHIRLPOOL CORP | 963320BG0 | Debt | CORP | United States | 0 | principal | $0 | 0.00% | 2 |
| iHeartCommunications Inc | 45174UAJ7 | Loan | CORP | United States | 0 | principal | $0 | 0.00% | 2 |
| Marlette Funding Trust | 57109M101 | ABS | CORP | United States | 7,112 | principal | $0 | 0.00% | 3 |
| SG Americas Securities LLCshort | — | Repo | CORP | United States | -50,228,870 | principal | $-50.2M | -6.77% | 2 |
| Barclays Bank PLCshort | — | Repo | CORP | United States | -33,166,671 | principal | $-35.4M | -4.77% | 2 |
| Scotia Capital USA, Inc.short | — | Repo | CORP | United States | -31,690,360 | principal | $-31.7M | -4.27% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 201,500,000 | OU | $-25.7M | -3.47% | 2 |
| BNP Paribas SAshort | — | Repo | CORP | United States | -22,347,635 | principal | $-24.7M | -3.33% | 2 |
| Bank of New York Mellonshort | — | Repo | CORP | United States | -23,867,601 | principal | $-23.9M | -3.22% | 2 |
| Deutsche Bank Securities, Inc.short | — | Repo | CORP | United States | -19,285,932 | principal | $-19.3M | -2.60% | 2 |
| UBS Securities LLCshort | — | Repo | CORP | United States | -18,935,820 | principal | $-18.9M | -2.55% | 2 |
| Societe Generale SAshort | — | Repo | CORP | XX | -11,053,242 | principal | $-12.6M | -1.70% | 2 |
| BNY Mellon SA/NVshort | — | Repo | CORP | United States | -11,239,711 | principal | $-11.2M | -1.51% | 2 |
| Standard Chartered Bankshort | — | Repo | CORP | United States | -9,623,928 | principal | $-9.6M | -1.30% | 2 |
| BNY Mellon NAshort | — | Repo | CORP | United States | -9,086,789 | principal | $-9.1M | -1.22% | 2 |
| TD Securities, Inc.short | — | Repo | CORP | United States | -9,042,487 | principal | $-9M | -1.22% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 106,500,000 | OU | $-6.6M | -0.90% | 2 |
| Credit Agricole CIBshort | — | Repo | CORP | United States | -5,299,333 | principal | $-5.3M | -0.71% | 2 |
| LCH Ltd. | — | Rate deriv. | OTHER | United States | 195,600,000 | OU | $-4.8M | -0.64% | 2 |
| BofA Securities, Inc.short | — | Repo | CORP | United States | -4,641,425 | principal | $-4.6M | -0.63% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 79,640,000 | OU | $-2.4M | -0.32% | 2 |
| Intercontinental Exchange, Inc. | — | Credit deriv. | OTHER | United States | 10,900,000 | OU | $-1.8M | -0.24% | 2 |
| Citibank NA | — | FX deriv. | OTHER | United States | 4 | contracts | $-1.5M | -0.20% | 2 |
| JPMorgan Securities LLCshort | — | Repo | CORP | United States | -1,382,957 | principal | $-1.4M | -0.19% | 2 |
| Canadian Imperial Bank of Commerceshort | — | Repo | CORP | United States | -1,371,872 | principal | $-1.4M | -0.18% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 48,400,000 | OU | $-1.2M | -0.17% | 2 |
| Morgan Stanley & Co. International PLCshort | — | Repo | CORP | United States | -1,043,885 | principal | $-1.2M | -0.16% | 2 |
| LCH Ltd. | — | Rate deriv. | OTHER | United States | 60,800,000 | OU | $-1.1M | -0.14% | 2 |
| LCH Ltd. | — | Rate deriv. | OTHER | United States | 22,530,000 | OU | $-713K | -0.10% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 23,200,000 | OU | $-690K | -0.09% | 2 |
| LCH Ltd. | — | Rate deriv. | OTHER | United States | 20,700,000 | OU | $-603K | -0.08% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 35,800,000 | OU | $-564K | -0.08% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 35,800,000 | OU | $-521K | -0.07% | 2 |
| Bank of America NA | — | FX deriv. | OTHER | United States | 1 | contracts | $-482K | -0.06% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 120,000,000 | OU | $-478K | -0.06% | 2 |
| Morgan Stanley Capital Services LLC | — | Credit deriv. | OTHER | United States | 3,530,000 | OU | $-365K | -0.05% | 2 |
| Merrill Lynch Pierce Fenner & Smith, Inc.short | — | Repo | CORP | United States | -362,898 | principal | $-363K | -0.05% | 2 |
| Citibank NA | — | Credit deriv. | OTHER | United States | 3,500,000 | OU | $-361K | -0.05% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 21,700,000 | OU | $-354K | -0.05% | 2 |
| Deutsche Bank AG | — | Credit deriv. | OTHER | United Kingdom | 1,500,000 | OU | $-339K | -0.05% | 2 |
| Banco Santander SA | — | FX deriv. | OTHER | United States | 1 | contracts | $-268K | -0.04% | 2 |
| Banco Santander SA | — | FX deriv. | OTHER | Brazil | 1 | contracts | $-251K | -0.03% | 2 |
| Bank of America NA | — | Credit deriv. | OTHER | United States | 4,800,000 | OU | $-237K | -0.03% | 2 |
| JPMorgan Chase Bank NAshort | — | Repo | CORP | Luxembourg | -196,036 | principal | $-224K | -0.03% | 2 |
| UBS AG | — | FX deriv. | OTHER | United States | 2 | contracts | $-223K | -0.03% | 2 |
| JPMorgan Chase Bank NA | — | Credit deriv. | OTHER | United States | 600,000 | OU | $-130K | -0.02% | 2 |
| BNP Paribas SA | — | Credit deriv. | OTHER | France | 980,000 | OU | $-101K | -0.01% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 55,300,000 | OU | $-69.1K | -0.01% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 14,100,000 | OU | $-56.9K | -0.01% | 2 |
| Goldman Sachs Bank USA | — | FX deriv. | OTHER | Brazil | 2 | contracts | $-52.1K | -0.01% | 2 |
| State Street Bank & Trust Co. | — | FX deriv. | OTHER | United States | 1 | contracts | $-45.1K | -0.01% | 2 |
| Barclays Bank PLC | — | Credit deriv. | OTHER | United Kingdom | 900,000 | OU | $-44.5K | -0.01% | 2 |
| Barclays Bank PLC | — | FX deriv. | OTHER | South Africa | 2 | contracts | $-44.5K | -0.01% | 2 |
| Barclays Bank PLC | — | FX deriv. | OTHER | United States | 7 | contracts | $-42.9K | -0.01% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 72,000,000 | OU | $-36.9K | -0.00% | 2 |
| BNP Paribas SA | — | FX deriv. | OTHER | Brazil | 2 | contracts | $-30.9K | -0.00% | 2 |
| Deutsche Bank AG | — | FX deriv. | OTHER | South Africa | 1 | contracts | $-27.7K | -0.00% | 2 |
| Citibank NA | — | FX deriv. | OTHER | XX | 1 | contracts | $-24.8K | -0.00% | 2 |
| Goldman Sachs Bank USA | — | FX deriv. | OTHER | United States | 12 | contracts | $-18.4K | -0.00% | 2 |
| State Street Bank & Trust Co. | — | FX deriv. | OTHER | United States | 1 | contracts | $-18.2K | -0.00% | 2 |
| LCH Ltd. | — | Rate deriv. | OTHER | United States | 600,000 | OU | $-15.4K | -0.00% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 14,700,000 | OU | $-13.8K | -0.00% | 2 |
| HSBC Bank PLC | — | FX deriv. | OTHER | XX | 4 | contracts | $-13K | -0.00% | 2 |
| JPMorgan Chase Bank NA | — | Credit deriv. | OTHER | United States | 300,000 | OU | $-12.1K | -0.00% | 2 |
| Bank of America NA | — | FX deriv. | OTHER | XX | 1 | contracts | $-12K | -0.00% | 2 |
| BNP Paribas SA | — | Credit deriv. | OTHER | United States | 800,000 | OU | $-10.7K | -0.00% | 2 |
| Citibank NA | — | Credit deriv. | OTHER | United States | 200,000 | OU | $-8K | -0.00% | 2 |
| JPMorgan Chase Bank NA | — | FX deriv. | OTHER | Mexico | 1 | contracts | $-4.9K | -0.00% | 2 |
| Wells Fargo Bank NA | — | FX deriv. | OTHER | United States | 1 | contracts | $-4.8K | -0.00% | 2 |
| JPMorgan Chase Bank NA | — | Credit deriv. | OTHER | United States | 13,300,000 | OU | $-4.7K | -0.00% | 2 |
| Goldman Sachs International | — | Credit deriv. | OTHER | United Kingdom | 13,300,000 | OU | $-4.7K | -0.00% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 1,400,000 | OU | $-4.6K | -0.00% | 2 |
| JPMorgan Chase Bank NA | — | FX deriv. | OTHER | Brazil | 1 | contracts | $-2.9K | -0.00% | 2 |
| Chicago Mercantile Exchange | — | Rate deriv. | OTHER | United States | 5,267,300,000 | OU | $-2.1K | -0.00% | 2 |
| Citibank NA | — | FX deriv. | OTHER | United States | 3 | contracts | $-1.8K | -0.00% | 2 |
| BNP Paribas SA | — | FX deriv. | OTHER | United States | 2 | contracts | $-1.5K | -0.00% | 2 |
| JPMorgan Chase Bank NA | — | FX deriv. | OTHER | United States | 1 | contracts | $-724 | -0.00% | 2 |
| Wells Fargo Bank NA | — | FX deriv. | OTHER | Japan | 1 | contracts | $-523 | -0.00% | 2 |
| Goldman Sachs Bank USA | — | FX deriv. | OTHER | United States | 1 | contracts | $-452 | -0.00% | 2 |
| Bank of America NA | — | FX deriv. | OTHER | United States | 2 | contracts | $-384 | -0.00% | 2 |
| Standard Chartered Bank | — | FX deriv. | OTHER | United States | 1 | contracts | $-127 | -0.00% | 2 |
| BNP Paribas SA | — | FX deriv. | OTHER | South Africa | 1 | contracts | $-12 | -0.00% | 2 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 31, 2026 | 592 | 100.0% | $742M | full |
| Mar 31, 2026 | May 29, 2026 | 599 | 100.0% | $756M | full |
| Dec 31, 2025 | Mar 2, 2026 | 537 | 100.0% | $790M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for PIMCO Income Strategy Fund II. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.