PCI News and Press, PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest From 08/30/21

Occasionally we learn valuable lessons that could've completely changed our lives if we knew them earlier. Time travel is apparently possible if we had a hot tub, Pym particle, or DeLorean. None of these have worked for me. Would you listen to an older, wiser version of yourself? ...

If you are selective, it can make sense to consider big-dividend opportunities from across categories, including REITs, BDCs, and CEFs. In this report, we highlight 25+ big-dividend opportunities (5-6% yields, and up!) from each category (REITs, BDCs, and CEF), including important dat...

Technology is advancing at a rapid pace, exerting downward pressure on prices. But will this deflationary bias be enough to offset the impact of a new, higher-inflation regime? History suggests that won’t necessarily be the case. It’s fair to say that the US was at t...

The intensity of the income need only grows as investors move closer to - and enter - their retirement years. While diversified credit portfolios offer benefits, the potential drawdowns could be too much for some investors’ risk tolerances. For tax-sensitive investors, the ...

In this article, we review a popular closed-end fund by PIMCO. The distribution is reasonably established but needs supplementation. PCI is primarily composed of junk bonds. Although I can endorse this fund, I recommend that you hedge with treasuries to take risk off the table...

During July, global consensus earnings estimates have re-accelerated to the upside, representing another bullish impulse in the tug of war between high valuations on the one hand and strong profits momentum on the other. Despite market worries of a loss of momentum in the near term, t...

IHS Markit's PMI business surveys showed the global economic recovery continuing into July, but the rate of expansion lost momentum for a second month running. The global economy continued to expand at a solid rate in July, according to the JPMorgan Global PMI™ (compiled by IHS...

NEW YORK, Aug. 06, 2021 (GLOBE NEWSWIRE) -- At a joint special meeting earlier today, shareholders of PIMCO Dynamic Income Fund (“PDI”) (NYSE: PDI) and PIMCO Income Opportunity Fund (“PKO”) (NYSE: PKO) approved the proposals necessary for PIMCO Dynamic Credit and...

Fundamentals improved very strongly for PDI and PCI, especially with coverage previously looking very weak to now very healthy. The main drivers of that improvement were the flattening of the yield curve along with the US dollar appreciating significantly vs. the euro and pound. P...

The US high-yield index is almost $1.6 trillion, but it pales in comparison to a broader global multi-sector universe that tops $8 trillion. Ever-changing global economic and market conditions mean every category has the chance of being the best or worst performing in any given year. ...