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PCM Fund Inc. (PCM) stock has touched a 52-week low, dipping to $6.5, as investors navigate through a landscape of economic uncertainties. Despite the downturn, the fund maintains an impressive 11.5% dividend yield and has sustained dividend payments for 33 consecutive years, according to InvestingPro data. The fund, which has experienced a significant downturn over the past year, reflects a 1-year total return of -7.02%. This latest price level, marking the lowest in a year, comes as a key indicator of the challenges faced by the fund in the current fiscal period. Technical indicators from InvestingPro suggest the stock is in oversold territory, with a beta of 0.82 indicating lower volatility than the broader market. Investors are closely monitoring PCM's performance for signs of a rebound or further decline in the context of broader market trends. (InvestingPro subscribers have access to 5 additional key insights about PCM Fund's outlook.)
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