PIMCO Dynamic Income Fund
About: PIMCO Dynamic Income Fund is a United States-based closed-end management investment company. The fund's investment objective is to seek current income. Its secondary objective is to seek capital appreciation. The fund invests world-wide in a portfolio of debt obligations and other income-producing securities with varying maturities and related derivative instruments. Its investments include mortgage-backed securities, investment grade, and high-yield corporates, corporate and sovereign bonds, other income-producing securities, and related derivative instruments.
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
105% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 64
57% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 30
50% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]
6% more funds holding
Funds holding: 266 [Q2] → 283 (+17) [Q3]
3.52% less ownership
Funds ownership: 20.09% [Q2] → 16.56% (-3.52%) [Q3]
11% less capital invested
Capital invested by funds: $1.03B [Q2] → $913M (-$117M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PDI.
Financial journalist opinion
Based on 6 articles about PDI published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 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 January 2, 2025 to shareholders of record on December 12, 2024, with an ex-dividend date of December 12, 2024.
Positive
Seeking Alpha
5 days ago
PDI: Avoid This 14% Yield
PIMCO Dynamic Income Fund offers a high dividend yield of around 14%, but it has underperformed the market and may continue to do so. Despite the Federal Reserve easing rates, market interest rates remain high, impacting PDI's net asset value. PDI's net asset value has remained almost stable in 2024, but it has significantly declined over the past decade, raising concerns about future performance.
Neutral
Seeking Alpha
6 days ago
PDI Vs. Peers: Double-Digit Yield But Still Underperforming
PIMCO Dynamic Income Fund boasts the highest AUM and dividend yield but also the highest expense ratio and trades at a NAV premium. Despite PDI's high yield, PIMCO Corporate and Income Opportunity Fund and PIMCO Corporate & Income Strategy Fund deliver higher total returns. In a monetary context of interest rate cuts, PDI's capital appreciation may be hindered by the fund's management costs.
Positive
Seeking Alpha
2 weeks ago
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.
Neutral
Seeking Alpha
3 weeks ago
PDI: Beware The Massive NAV Premium
PIMCO's Dynamic Income Fund benefits from the current environment in some ways, for example, it owns a lot of high yield bonds while the Fed cuts interest rates. However, it trades at a significant 14.01% premium to NAV. Additionally, the fund has been doing returns of capital, which can cause NAV to decline and aren't the most sustainable source of "yield".
Neutral
Seeking Alpha
4 weeks ago
14% Dividend Yields: 1 To Buy And 1 To Sell
High-yield dividend stocks can powerfully boost passive income. However, they come with significant risks, especially when yields exceed 10%, indicating potential payout cuts or limited growth. I discuss one underappreciated 14%-yielder that is an attractive buy and another popular one that is a sell in the current environment.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Nov. 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 December 2, 2024 to shareholders of record on November 12, 2024, with an ex-dividend date of November 12, 2024.
Positive
Seeking Alpha
1 month ago
Dividend Harvesting Portfolio Week 191: $19,100 Allocated, $1,807.09 In Projected Dividends
Earning season is crucial, with big tech companies like Microsoft, Apple, Meta, Alphabet, and Amazon reporting, potentially driving the market higher. The Dividend Harvesting Portfolio saw a healthy retracement, maintaining a 24.65% ROI, with a focus on diversification and recurring income. Added to positions in Ford and NextEra Energy Partners to enhance dividend income, projecting $1,910 in forward dividend income by year-end.
Neutral
Seeking Alpha
1 month ago
PDI: The Big ROC Bath, 13.5% 'Yield'
If you like big monthly income, PIMCO is hard to beat. But before investing, you might want to look under the hood to see how the distribution is actually generated (for example, it recently included a massive amount of taxable ROC). After reviewing the fund, the distribution and the risks, we conclude with our strong opinion on investing.
Positive
Seeking Alpha
1 month ago
Path To $10,000 Of Annual Income In 5 Years Through SWAN Dividend Investing
In this article, I explore the potential path on how one could achieve $10,000 of annual portfolio income in just a 5-year period by accumulating a capital base from zero. I provide a sample portfolio with specific investment picks, which warrant a portfolio weighted average yield of ~ 9.5%. I remain agnostic to price volatility, but focused on avoiding income cut. I hope that this article will provide a source of inspiration or ideas on how to enhance your income-driven portfolios.
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