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 7,429 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
94% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 78
50% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 24
0% more funds holding
Funds holding: 315 [Q1] → 316 (+1) [Q2]
5% less capital invested
Capital invested by funds: $1.1B [Q1] → $1.05B (-$51.6M) [Q2]
1.35% less ownership
Funds ownership: 15.87% [Q1] → 14.52% (-1.35%) [Q2]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for PDI.
Financial journalist opinion
Based on 7 articles about PDI published over the past 30 days
Neutral
Seeking Alpha
1 week ago
My 10% Income Portfolio-Protecting The NAV
Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protecting the value of the underlying assets. As far as I am concerned, the way to protect my portfolio is to favor only securities with a positive NAV over time.
Negative
Seeking Alpha
2 weeks ago
PDI CEF: Best Time To Sell In 5 Years
The current credit spread and PDI's price premium are both among the most alarming levels in at least 5 years. The current credit spreads between non-investment bonds and risk-free rates are near the thinnest level in at least 5 years. Yet PDI is trading at a price/NAV premium well above its historical average, further compounding the downside risks.
Neutral
Seeking Alpha
3 weeks ago
9-13% Yielding Monthly Dividends: One To Buy And One To Sell
High-yield investments paying monthly dividends are highly popular with income investors. However, not all are worth buying. I look at two popular high-yielding monthly-paying dividend investments and share why one is a buy and one is not.
Neutral
GlobeNewsWire
3 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Aug. 01, 2025 (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.
Positive
Seeking Alpha
3 weeks ago
PDI: Resilient Multi-Sector Income Fund
I maintain my buy rating on PDI, as it remains resilient and offers a high 13.8% yield despite a challenging interest rate environment. PDI's diversified portfolio, majority investment-grade allocation, and consistent distributions make it attractive for income-focused investors seeking stability. The fund's aggressive leverage and premium to NAV are risks, but future interest rate cuts could improve spreads and total returns.
Positive
Seeking Alpha
3 weeks ago
PDI: Credit Offers Opportunity In An Expensive Market
PIMCO's PDI stands out for its dynamic, flexible credit strategy and consistent outperformance versus benchmarks, even in challenging markets. PDI's increasing allocation to distressed debt and special situations offers unique value, but introduces higher execution and credit risk. The fund's high leverage and complex fee structure result in elevated expenses, yet PIMCO's active management has historically justified these costs.
Positive
Seeking Alpha
3 weeks ago
PDI's 13.8% Yield: Despite Coverage Shortfall, CEF Worth Considering
PIMCO is the premier bond CEF manager despite a distribution-coverage shortfall across its taxable funds. The PIMCO Dynamic Income Fund (PDI) dwarfs the competition in terms of assets under management and also offers one of the largest and most tempting distribution yields (currently 13.8%). This report reviews critical risks and potential rewards and then concludes with my strong opinion on investing.
Neutral
Seeking Alpha
1 month ago
What I Wish I Knew Before Investing In Dividend Stocks
Dividend investing has been extremely rewarding for me. However, I have learned several very expensive lessons along the way. I share four very important - yet seldom discussed - lessons in this article.
Negative
Seeking Alpha
1 month ago
Bad News For PIMCO CEF Vehicles
PIMCO CEFs offer high yields and stable distributions, but their portfolios are heavily tilted toward lower quality fixed income and high leverage. Rising mortgage delinquencies, widening junk bond spreads, and persistent inflation increase risks for PIMCO's underlying holdings and income stability. Elevated repo leverage costs and uncertain policy direction, including tariffs and inflation, threaten both NAV and distribution sustainability.
Positive
Seeking Alpha
1 month ago
PDI: Get In Before The Fed Changes The Tune
PIMCO Dynamic Income Fund is positioned to benefit from anticipated Fed rate cuts, making it attractive for high-yield income investors. Falling inflation and robust job growth support the likelihood of 2-3 rate cuts in 2025, which should boost PDI's NAV and market price. PDI currently offers a 13.9% yield and trades at a 13% premium to NAV, reflecting market optimism about lower rates ahead.
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