PCI - This Secure 8.4% Yield CEF From Pimco Is Still A Bargain: The Dynamic Credit And Mortgage Income Fund

Co-produced with Beyond Saving and PendragonY for High Dividend Opportunities.

Introduction

For income investors, the fixed income space can be one of the most defensive and conservative ways to gain exposure to high yield at low risk. Some fixed income products can be more secure, less volatile and provide stable recurring income compared to common shares. In 2018, bonds, fixed income closed-end funds, and preferred shares experienced declining prices due to fears of rising interest rates. Of course, rising interest rates are a big negative for fixed income as prices of fixed income