PCI News and Press, PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest From 03/20/21

Let's say you are fully invested in the stock market, be they individual stocks or indexes. The S&P 500 and Dow Jones Industrial have been up nearly 80% since bottoming in March 2020, exactly a year ago. Are we heading into a new and prolonged bull-market, or are we heading bl...

13 out of 23 CEF sectors positive on price and 13 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. BSTZ/BMEZ boosts distributions by +48.7% and +45.0% respectively. For further details see: Weekly Closed-End Fund Roundup: March 7, 2021

Zoom recently reported its earnings. On the surface, they look great. However, if you go into the details, the outlook is very gloomy. ZM is set to increase its revenues by only 6.8% next year and experience a 25% decline in non-GAAP EPS. With a forward P/E ratio of 150 times,...

Subtractive or negative knowledge has been a useful approach to decision making across different disciplines. We take a look at how investors can use this approach in building income portfolios, by disaggregating securities into individual risk factors and reducing exposure to unfavor...

Looking at how 6 choices since February 29th, 2020 have performed to February 21st, 2021. I still own 5 of the 6 funds and had even been adding more to these positions since then. Just as I was then, I'm still focused on being a long-term investor. For further details see: ...

The swift run-up in asset prices and CEF discounts suggests that easy gains from beta exposure are going to be harder to come by going forward. This dynamic points to alpha strategies as a way to keep total returns humming along. One such strategy - CEF rotations - involves rotati...

We have been capitalizing on the COVID panic, buying a lot of underpriced opportunities. One sector that remains undervalued is non-agency mortgage-backed securities. The housing market is on fire and new mortgages have very low yields. PCI is one of the best ways to capitaliz...

PIMCO Dynamic Credit Income Fund focuses on generating a current income for its investors and is available at an attractive forward dividend yield of 9.5%. Note, I have been conservative in calculating the aforesaid forward dividend yield. Interest yields on bonds are rising, and ...

Global manufacturing PMI buoyed by further strong gains in production. Robust growth seen in the US, Eurozone, India and Brazil despite supply chain delays close to record high. Expansion limited by further slowdown in China, in turn linked to shipping and logistics problems. ...

Broadly-defined commodities were the clear leader last month. US and foreign stocks also posted solid gains as did real estate investment trusts. The overall trend for markets was bullish last month, based on the Global Market Index (GMI). For further details see: Major ...