PCI News and Press, PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest From 07/31/20

The volatility and heavy drawdowns across various assets of the past few months have caused many income investors to revisit the construction of their CEF portfolios. In this article, we take a look at a number of strategies that investors can use to make their portfolios more resilient. These...

Written by Nick Ackerman, co-produced by Stanford Chemist PIMCO Dynamic Credit and Mortgage Income Fund ( PCI ) is trading at one of the lowest valuations for a PIMCO fund. It is only at a slight premium, this is as we generally see PIMCO funds trade at double-digit premiums. On a pure p...

Main Thesis The purpose of this article is to evaluate the PIMCO Dynamic Credit Income Fund ( PCI ) as an investment option at its current market price. PCI had been a strong performer for a long time, but its 2020 performance has not been very positive. As we move in to the second half o...

Co-produced with Treading Softly Imagine for a second with me if you would that you're standing on the starting line of a marathon. You have a long way to go before you reach the finish line, and the excitement, stress, and worries are all bound up inside of you. When that starting gun i...

Global fixed income exchange-traded funds' AUM grew 30% in the last 12 months, ending June at $1.3T, and BlackRock, the world's largest ETF issuers, sees it rising to $2T in 2024. More news on: PIMCO Dynamic Credit Income Fund, PIMCO Dynamic Income Fund, iShares iBoxx $ Investment Grade Co...

If there was any doubt about the intention and ability of PIMCO CEF to generate strong earnings going forward, it was partly put to rest with the strong level of borrowing activity in June. Taxable CEFs added $332m in leverage outstanding - by far the biggest monthly figure this year. Although...

Co-produced with Beyond Saving The unknown creates both risk and opportunity for investors. It's the unpleasant surprises that can lead to losses, while at the same time, the fear of the unknown frequently causes investments to be priced lower than the actual risk calls for. We've all ...

The recent turmoil in the markets induced by the coronavirus pandemic has tested the robustness of many financial portfolios and strategies. It also provided an opportunity for the investors to judge for themselves if they could withstand the risks and drawdowns in their portfolios or if they ...

Aspects of the CEF market can be daunting and non-transparent to all but its die-hard followers. A number of misconceptions that we see again and again in comments has to do with fund fees and expenses. In this article we talk about some of the key fees, charges or expenses that investors face...

(This report was issued to members of Yield Hunting on June 18.) The monthly update on PIMCO CEFs came out this week without much changes to the figures. Overall, we think the report was relatively benign and continues to signal the same result: Nothing to be afraid of here. However...