PCI News and Press, PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest From 12/09/20

Closed-end funds tend to be mostly thought of as income vehicles, but they are actually quite versatile and can play many roles in a portfolio. CEFs can be used to grow a portfolio over many years, or as an income vehicle, or even as an annuity if we are later in our investing career....

Banks have been a place that give retirees and investors a "feeling of safety." However, today, retirees are sacrificing a successful retirement as a result of very low interest rates. It's time to shift from viewing the market as saver-friendly to spender-friendly. For furt...

I consider the 2020 year to be a reset to my current portfolio. I have reduced holdings to focus on investments that I believe will survive the pandemic. This article includes my current holdings along with YTD (Year To Date) performance and expectations moving forward. Distributi...

It's time to go shopping for the holidays. What's better than collecting dividends? Collecting them every month! I provide my holiday shopping list with my favorite monthly dividend payers - with yields up to 9.9%. Buy them for a loved one, or buy them for yourself – we...

December's U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (73); 2. Stocks by price upside (30); 3. Closed-End Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.10% (80). The December U.S. MoPay popu...

Mortgage fundamentals remain very strong. We have talked about agency and non-agency mREITs, now we look at a hybrid. Agency MBS provides a solid foundation, non-agency mREITs create upside opportunity. We look at two fixed-rate preferred shares and one convertible preferred. ...

A recent question from a reader presents a good "teaching moment" for evaluating closed-end fund distributions, especially the sustainability of the payout in relation to the fund's underlying earnings. We compare MIN's total return over the past 5-10 years to see whether it supports ...

In spite of the recent pandemic-induced crisis and correction and other challenges this year, the stock market has made a remarkable recovery and is making all-time highs. Obviously, the big question is, where does it go from here? Is it a good time to invest? Let's say you have s...

Coverage rebounded in September as the dollar rallied off the interim lows. We take a hard look at what the dollar is doing so far in October to forecast ratios. The PIMCO muni funds look fundamentally the healthiest they have been for many years now. The average coverage ratio is 106...

Markets returned to volatility as the tech boom became a tech wreck. The Nasdaq entered a full bear market falling over 20% from the peak. Our Core Income Portfolio is now over four years old and did well in September bucking the downward trend in the markets. Income (after tax) c...