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We recently wrote an article "Juicing Your Retirement Yield With CEFs" where we discussed the power of CEFs to provide your portfolio with a high-level of current income.
One of the CEFs we highlighted in that article was the PIMCO Dynamic Credit Income Fund (PCI), this fund is currently yielding 10.8% and is trading at a small 2% premium to NAV.
Today, we take a deeper dive into PCI and discuss why it is such a great deal at today's prices.