PDI, a fund with poor fundamentals and pricing, has underperformed the S&P 500 and other junk bond ETFs. Despite macro headwinds not playing out, PDI's pricing threw the returns under a bus. We tell y
We provide an August update for the PIMCO CEF taxable suite. Coverage remained steady at nearly 70% on average for taxable funds. Borrowings ticked higher but remain in a six-month range.
The stock market closed down this week, with the S&P falling more than expected to a 3-month low. The Dividend Harvesting Portfolio has shown consistent growth and profitability, with a 3.44% profit o
This month, I added to 5 different closed-end funds, but it came from the result of selling off 2 for swaps as well. Swap opportunities come up as we can exploit the discount/premium mechanics in clos
PIMCO taxables have stagnant coverage levels and face potential distribution cuts, making them a risky investment. PIMCO muni CEF coverage remains weak and UNII levels are falling, indicating possible
We provide a July update for the PIMCO CEF taxable suite. Taxable coverage fell for the second straight month while tax-exempt coverage remained stable. PIMCO is doing a tender offer of their very exp
We share updated data on over 100 big-yield opportunities (including CEFs, REITs, and MLPs) and then highlight one particularly attractive opportunity from each group. We have a special focus on the P

PDI: The History Lesson

05:30pm, Monday, 21'st Aug 2023
Income investors have good reasons to be attracted to the PIMCO Dynamic Income Fund. It provides 14%+ TTM yield currently, paid monthly. However, I want to caution potential investors about the risks

Bargain Alert: 2 Big Dividends For Your Retirement

07:35am, Wednesday, 09'th Aug 2023
Inflation may be cooling, but its tailwinds on real estate will continue for years to come. Intelligent bond investors are buying up bonds trading at large discounts to par value and offering them hig
Lately, I have been looking to increase the fixed-income allocation in my portfolio and have started to look at alternative investments. One such investment is PIMCO Dynamic Income Fund ( PDI , Financ
2-year treasuries have a YTM of 4.9% and 10-year treasuries have a YTM of 3.96%, making them attractive compared to previous years and income-focused equities. The 10-year treasury yield is now higher
PDI is an income play for investors, with a focus on generating a continuous stream of income rather than capital appreciation. PDI has generated consistent monthly distributable income for investors
6 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. PDT reduces distribution by 15%, FSCO boosts distribution by 15%. Some CEFs getting bubbly.

PDI Vs. RCS: Where The Spread Is Not Justified

10:41pm, Monday, 03'rd Jul 2023
The PIMCO Dynamic Income Fund carries significant risk due to its concentration in non-agency mortgage-backed securities and high-yield credit, particularly in the banking and finance sectors. The PIM
PIMCO CEF Update: Is A 20% Premium Too Rich For PTY?
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