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PCI - High Dividends: What I Have Been Buying (Part 2)
PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest
Co-produced with Beyond Saving
A great defense is a good offense. There are still many uncertainties in this market. The bullish rally could easily turn around from any little bit of negative news. Businesses are in the infancy stages of reopening, but how long will it take for consumers to return? Or worse, might businesses go through the expense of reopening and then the government order them closed a second time? Even the perception that might happen could send share prices plummeting again.
On the one hand, income investors want to participate in the rally.