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VICI - PCI: The Increase In The Distribution Makes This The Best Investment In Your Portfolio
VICI Properties Inc.
PIMCO settled the small debate that was going on whether their largest taxable fund would need to cut the distribution in the near-term by raising the payout by 6.1%. For PIMCO Dynamic Credit and Mortgage (PCI), there was little chance of a cut even with the fund sporting a "coverage ratio" of just 82% in March and 92% in April. PCI was the only PIMCO fund to increase their distribution this month with the rest keeping their payment steady.
Performance so far this year has been average. In fact, in the multisector