PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund is a non-diversified, closed-end management investment company. Its seeks current income as a primary objective and capital appreciation as a secondary objective. The company was founded on January 19, 2011 and is headquartered in New York, NY.

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Prior to March 31, 2024, my readers mentioned 32 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, they remarked about the ReFa/Ro.

March Readers Marked 20 Ideal-To-Buy Dividend Dogs

PIMCO Dynamic Income Fund currently has a dividend yield close to 14%, which is very attractive for income investors. However, the PDI closed-end fund's yield is not enough to: A) make it competitive in terms of total returns; or B) compensate for the risk exposure of its underlying holdings.

PDI: 14% Dividend Is Not Enough

PIMCO Dynamic Income Fund (PDI) has been recovering since October 2023, with shares appreciating by 25.05% and 8.19% YTD. PDI focuses on generating current income and investing in global debt and income-producing securities. The author is bullish on PDI, believing that it will continue to rebound and could potentially reach the mid-20s by the end of 2024.

PDI Under $20 Exceeds A 13% Yield With Potential Upside On The Horizon

I know that no one wants to talk about the 2020/2021 lockdowns anymore. But those dark days did do one critical thing for the high-yield corporate-bond market: made these so-called “junk bonds” too big to fail.

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Prior to February 29, 2024 my REaders mentioned 32 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: KVUE, PARA, OXLC, VZ,TPVC, O, PFE, FSC, RC, and EFC averaged 22.56% net gains from reader data collected 3/20/23. Ten analyst-target-augured February TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: FSK, TTE, CVX, VZ, KVUE, PARA, PFE, RC, O, & EFC boasting a 15.5% average target price upside estimate.

February Readers Noted 22 Ideal-To-Buy Dividend Dogs

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PIMCO Income Strategy Fund II

Pimco High Income Fund

PIMCO Corporate & Income Opportunity Fund

Funds rely on at-the-market offerings and capital gains to make up for earnings shortfalls and maintain distributions. Coverage levels for taxable funds declined in January due to the falling value of the dollar. Net investment income production has been declining for several years, leading to potential distribution cuts and overvalued NAVs.

PIMCO Update Feb 2024 | PDX Makes The Move, Valuations Remain Rich

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Calamos Global Total Return Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

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Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, seeking to create a portfolio whose securities provide a steady cash flow over time and grow the nominal capital invested.

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The markets were relatively flat this week, with a slight decrease in the S&P and a larger decline in the Dow.

Dividend Harvesting Portfolio Week 158: $15,800 Allocated, $1,398.55 In Projected Dividends

The PIMCO Dynamic Income Fund has seen a strong total return performance YTD. The fund's net asset value declines have started to reverse, and PDI could experience positive NAV growth in 2024. The fund's NAV premium is expanding, indicating growing investor confidence and expectations for future performance.

PDI: This Recovery Is Set To Continue (Rating Upgrade)

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About the Author: Amit Nar has an intense passion for the stock market and would love to hear from you on X @alphaintelligence or on The Market Institution discord where he is an instructor.

Want $3000 in passive income? Invest $5000 into these 6 dividend stocks

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There is a ton of demand for bonds out there right now, and it's easy to see why: they're offering big income streams—especially when you buy your high-yield “corporates” through our favorite income plays: closed-end funds (CEFs).

Thank The Fed For This Shot At Cheap 10%+ Dividends

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iShares 20+ Year Treasury Bond ETF

Liberty All Star Equity Fund

Reaves Utility Income Fund

Visa

The Near Perfect Portfolio Strategy provides SWAN-like attributes and aims to meet income and growth goals while minimizing volatility and drawdowns. The strategy consists of three buckets: Dividend Growth Investing, High Income (CEF investing), and Hedging (Rotational bucket). Backtesting results over 17 years show that the strategy has the potential to outperform the S&P 500, with lower drawdowns and volatility.

How To Invest In A SWAN Portfolio: The Near Perfect Portfolio Strategy

Pimco California Municipal Income Fund II

PCM Fund

Pimco California Municipal Income Fund

PIMCO Dynamic Income Opportunities Fund

Pimco Global Stockplus & Income Fund

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco Municipal Income Fund III

Pimco New York Municipal Income Fund

Pimco New York Municipal Income Fund II

Pimco New York Municipal Income Fund III

Pimco California Municipal Income Fund III

PIMCO Strategic Income Fund Inc

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on April 1, 2024 to shareholders of record on March 11, 2024, with an ex-dividend date of March 8, 2024.

Pimco Closed-End Funds Declare Monthly Common Share Distributions

The rally of income-producing assets appears to be losing steam as optimism around near-term rate cuts begins to fade. PIMCO Dynamic Income Fund has sustained the highest yield among PIMCO's closed-end funds. PDI faces risks related to the sustainability of its dividend and its rapid expansion through share issuances.

PDI: What Lurks Under The Hood Of PIMCO's Crown Jewel

PIMCO Dynamic Income Fund offers a high dividend yield of 13.7% and actively manages its fixed-income portfolio for outsized returns. However, I would not touch PDI right now and rate it a Sell. I share three big reasons to avoid this high-yield CEF.

Sell Alert: I Wouldn't Touch 13.7%-Yielding PDI Right Now

Kinder Morgan

Modiv

Altria

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Sirius XM Hlds

Prior to January 31, 2024 my REaders mentioned 37 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: KVUE, PFE, TTE, DHT, F, EFC, EURN, RC, XOM, and ORC averaged 34.48% net gains from reader data collected 1/23/23. Ten analyst-target-augured January TOP-PRICE-UPSIDE reader favorites & rogues (ReFa/Ro) were: PFE, MMM, KMI, O, MDV, KVUE, EFC, ACRE, RC & ORC boasting a 29.93% average target price upside estimate.

January Readers Noted 30 Ideal-To-Buy Dividend Dogs

Aberdeen Income Credit Strategies Fund

Nuveen Credit Strategies Income Fund

RiverNorth Opportunities Fund, Inc.

Work smarter, not harder, the adage tells us. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

Want $5000 in Passive Income? Invest $5000 in These 7 Funds

Adams Diversified Equity Fund

For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those instruments are personal and depend on each investor's needs, financial means, and age.

My 9% Income Portfolio-In Search For Happiness

We have a natural fascination for "worlds" we don't live in. Reality TV helps us get a glimpse of these worlds. When it comes to investing, you have access to tools to enter a similar world of income.

Invest Like A Shark, Get Paid Monthly Dividends: PDI

Ares Dynamic Credit Allocation Fund

AllianceBernstein Global High Income Fund Inc

BlackRock Taxable Municipal Bond Trust

BlackRock Enhanced Equity Dividend Trust

Central Securities

DNP Select Income Fund Inc

Energy Transfer LP Unit

Flaherty & Crumrine Preferred Securities Income Fund Inc

New American High Income Fund

India Fund Inc

Kayne Anderson MLP Investment

Nuveen Municipal High Income Opportunity Fund

Cohen And Steers Total Return Realty Fund

2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. We will provide updates on trades during the year, dividends collected, and overall performance. As usual, we will compare the performance with a traditional 60:40 stock/bond portfolio.

The 8% Income Portfolio: 2023 Year-End Review

PIMCO Dynamic Income Fund offers a 14.2% dividend yield but is now selling at a 10% premium to net asset value. The fund may not see as fast a decline in short-term interest rates as expected, delaying a broader re-rating. Recent inflation data raises concerns about the fund's ability to benefit from lower interest rates, leading to a downgrade to a Hold rating.

PDI: 14% Yield, But Risks Are Rising (Rating Downgrade)

Lately, the market has been recalibrating the consensus on the interest rate cuts, which has sent duration-heavy assets down. PIMCO Dynamic Income Opportunities Fund and PIMCO Dynamic Income Fund are clearly subject to "higher for longer" risk with a limited buffer on distributions. In this article, I compare both of these Funds and give my opinion as to which one is a better choice.

Interest Rates May Stay Higher For Longer: PDI And PDO At Risk

Not much has changed fundamentally in taxable PIMCOs, but there has been a shift in valuations and sentiment. The drop in the dollar has put downward pressure on funds with exposure to foreign bonds and currency forwards contracts. Leverage is a key consideration for assessing NAV trends, and some funds have reduced leverage significantly in the past month.

PIMCO Update (Quick) | January 2024 | Watch The NAV Momentum Turn

PIMCO's Dynamic Income Fund is a comparatively good value amid today's downward-trending inflation rate, inflated stock prices, and rapidly growing U.S. economy. PDI has high yield and diversification, but comes with higher-than-average default risk and is highly leveraged, making it riskier than average bond funds. PDI has a positive lifetime total return despite a negative price return since inception, as its $37.42 in lifetime dividends easily outweighs the $6.31 lifetime capital loss.

PIMCO's 14.2% Yield PDI To Gain From Rate Cuts (Upgrade)

PIMCO Dynamic Income Fund has seen a total return of over 20% in the past three months since our call. Investors can expect to receive their entire investment back in dividends in ~7 years at the current yield, making it a strong income powerhouse. PDI has a diversified portfolio of fixed income securities and has a long history of providing a high level of income to investors.

PDI: No Pain, No Gain

News for PIMCO Dynamic Income Fund ETF (PDI)