PDI News and Press, PIMCO Dynamic Income Fund From 03/02/23

Summary As in Led Zeppelin’s famous song, for me, investments in high-dividend securities represent a kind of stairway to heaven. Indeed, their steady flow of money relieves psychological pressure during times of market uncertainty and helps me experience them with greater peace ...

Summary We provide a January update for the PIMCO CEF taxable suite. Taxable and Muni funds continued to deleverage in January despite rising NAVs - in effect PIMCO is deleveraging over and above what is already done by NAVs. This dynamic is likely due to the poor economics of holdi...

(NewsDirect) Predictive Discovery Ltd (ASX:PDI, OTC:PDIYF) managing director Andrew Pardey joins Proactive's Tom Warner to discuss the company's updated mineral resource estimate (MRE) for the North East Bankan (NEB) deposit which has seen a 50% increase to the open pit indicated resources to...

Summary The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAV...

Summary The 13% yield on the PIMCO Dynamic Income Fund is impressive, but its use of leverage and exposure to weak credit quality leaves the fund susceptible to downside risks. The fund tends to move more in line with equities rather than UST prices, which has seen the PDI outperform lo...

Summary Entry and exit points are important for all investments. PTY and PDI show poor returns over recent years due to badly mispriced asset prices. Today's setup is extremely bad as well. We tell you 5 reasons to run away. We have covered the PIMCO junk bond funds previo...

Summary The Dividend Harvesting Portfolio is now generating $796.32 in annual dividends, yielding 7.64%. The Dividend Harvesting portfolio has a 74.51% record of finishing the week in the black since its inception, 76/102 weeks. In week 102, I added to the following positions, PFFA,...

Summary Prior to January 31, 2023 readers mentioned 33 equities in recent comments on Arnold articles. Some bad-news investments (rogues) mixed with (mostly) favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: ABR, EFC, ORAN, SQM, FSK, VFC, GNK, BTI, ...

Summary The PIMCO Dynamic Income Fund and the PIMCO Corporate & Income Opportunity Fund appear to be appealing for several good reasons. Their yields of 10%~12% are 3~4 times more than risk-free rates and also slightly above their own historical averages. Nonetheless, I see both...

Summary We provide a December update for the PIMCO CEF taxable suite. Most funds deleveraged further while PDO added borrowings. Coverage continued to drop across all funds except PGP with only two funds now having coverage over 100%. We discuss the recent shift in the swaps por...