PCI - PCI: You Still Have Time To Profit
Main Thesis
The purpose of this article is to explain why I believe the Pimco Dynamic Credit Income Fund (NYSE:PCI) remains an attractive investment option at its current market price. While PCI has pushed higher along with most investments, and the majority of Pimco CEFs, its valuation remains attractive, meaning investors who buy in now still have a very good chance at further capital appreciation. Furthermore, PCI trades at a very cheap level when compared to alternative Pimco CEFs, telling me that new money will likely be drawn to this fund in particular,