Previous 10 | Next 10 |
An American expert on horse race betting, Andrew Beyer, defined the psychological aspects related to the behavior of gamblers in two categories: “prime bets” and “action bets”. CEFs composing my Cupolone Income Portfolio are “prime bets;” they...
We review CEF market valuation and performance through the fourth week of January and highlight recent market action. CEF discounts recovered this week after what looked like retail capitulation and despite NAVs moving lower on the week. Investors can sometimes be swayed by the op...
Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are EHI, DSL and BGH. For further details see: The 'High-High-Low' Closed-End Fund Repor...
Today we’re going to take a look at an unusual closed-end fund (CEF) that hands us a rich 10.5% dividend that comes our way monthly (and grows!). And it sends regular special dividends our way, too. When you add those “bonus” payouts in, this fund often pays life-ch...
After 42 weeks and $4,200, the Dividend Harvesting Portfolio is generating $272.63 in estimated annual income and $22.72 in monthly estimated income. In week 42, I added the Virtus InfraCap U.S Preferred Stock ETF (PFFA) to the Dividend Harvesting portfolio. The Dividend Harvestin...
YYY has lost 18% in share price and 37% in monthly distribution since inception. It has little chance to get better with inflation and rising rates. A dynamic CEF strategy to counterbalance decay. For further details see: YYY: 3 Red Flags And An Alternative
FOF is an attractive fund of funds approach, though we should be patient at its current price. If you are holding for diversification and collecting that steady distribution, it seems fine to continue to keep holding, in my opinion. The fund currently offers investors a distributi...
BlackRock Multi-Sector Income Trust (BIT) is a fixed income closed-end fund. The fund has exhibited an extraordinary resilience in the face of the Fed tapering announcement and increased rates. The fund is running negative duration via swaps. BIT has trounced the vaunted PIMCO...
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...
Taxable PIMCO CEFs continue to be a mainstay of many income portfolios due to their strong returns and consistent alpha generation. In this quick update, we revisit our mantra that investors ought to pay attention to NAV distribution rates of the taxable suite if they care about poten...
News, Short Squeeze, Breakout and More Instantly...
PIMCO Dynamic Income Fund Company Name:
PDI Stock Symbol:
NYSE Market:
PIMCO Dynamic Income Fund Website:
2024-07-18 05:00:37 ET At my CEF Insider service, we’ve been bullish on corporate bonds (especially corporate bond–focused closed-end funds yielding 8%+) for a long time now. We remain so, because we’ve got a nice “goldilocks” setup for these f...
2024-07-10 09:00:25 ET PIMCO Dynamic Income Fund (PDI) declaring a stock dividend of $0.2205 per share on Ex-Date : July 11, 2024. Shareholders on record as of July 11, 2024 are eligible for the dividend. The payment date is scheduled for August 01, 2024, and the declaration was off...
2024-06-20 05:00:25 ET I’ve dedicated my career to closed-end funds (CEFs) because in a way, these high-yield investments saved my life: Using these funds to get an 8% income stream from my portfolio gave me the confidence I needed to quit my academic job well over a decade ago. ...