PCI - PCI: Premium CEF With 8.6% Monthly-Pay Yield And Growing

Co-produced with Beyond Saving and Treading Softly for High Dividend Opportunities

Back in March, we wrote an article about PIMCO Dynamic Credit and Mortgage Income Fund (PCI) suggesting that it was still a bargain. PCI is a closed-end fund ('CEF') currently yielding over 8.6%. In a recent article, we discussed the reasons why we like CEFs.

We use CEFs to:

1. Leverage the skills of the portfolio manager
2. Gain income from sectors that typically don't provide them and
3. Gain access to asset types we wouldn't have access to anyways.

PCI achieves numbers 1

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