Saba Capital Management’s PIMCO Dynamic Credit and Mortgage Income Fund PCI Stock Holding History

Saba Capital Management’s Portfolio PCI Stock Details PCI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-1,883,389	Closed	-$36M	–	104
2016 Q2	$36M	Sell	1,883,389 -1,107,656	-37%	-$20.3M	3.22%	7
2016 Q1	$52.2M	Buy	2,991,045 +1,248,052	+72%	+$21.6M	5.08%	3
2015 Q4	$31.4M	Sell	1,742,993 -169,606	-9%	-$3.13M	3%	10
2015 Q3	$34.9M	Buy	1,912,599 +253,584	+15%	+$4.88M	2.74%	10
2015 Q2	$33.5M	Buy	1,659,015 +515,199	+45%	+$10.7M	3.35%	6
2015 Q1	$23.4M	Sell	1,143,816 -1,112,468	-49%	-$22.8M	2.44%	12
2014 Q4	$46.6M	Sell	2,256,284 -222,659	-9%	-$4.85M	3.74%	4
2014 Q3	$55.7M	Sell	2,478,943 -5,722	-0.2%	-$132K	3.15%	3
2014 Q2	$59.2M	Sell	2,484,665 -1,351,220	-35%	-$31.6M	3.1%	7
2014 Q1	$86.7M	Buy	3,835,885 +516,109	+16%	+$11.7M	4.88%	1
2013 Q4	$74.6M	Buy	3,319,776 +1,373,534	+71%	+$30.5M	4.33%	2
2013 Q3	$43.3M	Buy	+1,946,242	New	+$42.3M	3.6%	4

Other funds holding PCI

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

MGAM

McGowan Group Asset Management Dallas, Texas $785M AUM 15.71% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $25.9B AUM 26.38% 1-Year Est. Return

RCM

Rivernorth Capital Management West Palm Beach, Florida $2B AUM 0.66% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

SIA

Sit Investment Associates Minneapolis, Minnesota $4.93B AUM 12.22% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Bessemer Group Woodbridge, New Jersey $63.6B AUM 28.76% 1-Year Est. Return

Saba Capital Management's PCI Position: Q3 2016 in Review

Saba Capital Management sold out of PIMCO Dynamic Credit and Mortgage Income Fund (PCI) in Q3 2016, closing a stake of 1,883,389 shares — an estimated $36M sold.

Saba Capital Management first reported a position in PCI in Q3 2013 and held it in 12 quarters. The position peaked at $86.7M in Q1 2014. 123 funds tracked by Wall St. Rank hold PCI as of Q3 2016.

Saba Capital Management reported no remaining PIMCO Dynamic Credit and Mortgage Income Fund position as of Q3 2016 after selling out during the quarter.
Saba Capital Management sold 1,883,389 PIMCO Dynamic Credit and Mortgage Income Fund shares in Q3 2016, an estimated $36M.
Saba Capital Management first reported a position in PIMCO Dynamic Credit and Mortgage Income Fund in Q3 2013 and held it in 12 quarters.
Saba Capital Management's PIMCO Dynamic Credit and Mortgage Income Fund position peaked at $86.7M in Q1 2014.
123 funds tracked by Wall St. Rank held PIMCO Dynamic Credit and Mortgage Income Fund as of Q3 2016.

Based on Saba Capital Management's 13F filing for Q3 2016, filed 14 Nov 2016.