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Buy PDI
$16.30
-0.130 (-0.791%)
At Close: Jun 12, 2026
Opportunities Abound But Keep It Higher Quality
04:00pm, Monday, 02'nd Mar 2020
We have buying opportunities broadly in the closed-end fund space. It has been 14 months since the bear market of late 2018. The CEF market is no longer rich as
Even a couple of income darlings are getting hammered
08:43pm, Friday, 28'th Feb 2020
Among BDCs, Main Street Capital (NYSE:MAIN) has been the company that could do no wrong. As SA Contributor BDC Buzz noted earlier this week, MAIN's average annual return over the last 12 years (which
Panic Selling Has Hit CEFs: Time For Some Bargain Hunting
03:13am, Friday, 28'th Feb 2020
For the first time in over a year we are seeing the first signs of volatility. Many members had been clamoring about the lack of buying opportunities. After the
Monthly Pay, Full Covered 10.5% Yield From XFLT
01:40pm, Friday, 21'st Feb 2020
XFLT is an underfollowed CEF with a 10.5% yield. It currently trades at a slight premium to NAV versus its pure CLO equity counterparts. While the performance h
PDI And PCI: An Update To The Greatest Bond Funds Of All Time
12:00pm, Friday, 21'st Feb 2020
The NAVs have done better in the last 30-45 days as the dollar has rebounded against the euro and pound. PDI's NAV was ranked 16th out of 22 last year. They are
A Strategy For Sustainable, Inflation-Adjusted 7% Income
09:26am, Wednesday, 19'th Feb 2020
I describe an approach to building a high-yielding income portfolio designed to generate 7%, inflation-adjusted income. Capital preservation is the bane of a hi
A Victory Lap On 8.3%+ Yielding, Market-Crushing PCI
09:17pm, Tuesday, 18'th Feb 2020
PCI has outperformed both its sister-fund, PDI, and the S&P 500 since my recommendations in 2016 and 2017. Its high income has grown as investors have seen trem
The Chemist's Quality Closed-End Fund Report: January 2020
06:35pm, Tuesday, 18'th Feb 2020
Only funds with coverage >100% are considered. Top lists of discount, yield, D x Y, and D x Y x Z are given. Munis dominate the top D x Y x Z lists.
Never Buy A CEF At A Premium: Myopic Thinking
12:00pm, Wednesday, 12'th Feb 2020
There's an old CEF adage that you should never buy a fund at a premium to the NAV. We detail why that may be myopic thinking. Funds can trade at a premium for a
Income Lab Ideas: Closed-End Funds Growing Their Share Count
01:53pm, Monday, 10'th Feb 2020
There are several ways that closed-end funds can offer additional shares after the IPO. We will be looking at several funds and track their price action along t
What We Like In Non-AgencyMortgage Funds
02:50am, Monday, 10'th Feb 2020
A late cycle environment and low interest rates suggest an increased allocation to non-agency residential MBS. Consumer balance sheets, in contrast to corporate
Retirement: Healthcare Expense Planning
02:35pm, Saturday, 08'th Feb 2020
Healthcare is one of the largest expenses for American retirees. A plan for coverage if you retire before age 65 is important. Deciding between low-cost high-de
My Cupolone Income Portfolio: The Fixed Income Side
08:31pm, Tuesday, 04'th Feb 2020
The pillars of my current portfolio are DoubleLine Income Solutions, Guggenheim Credit Allocation, Pimco Dynamic Income, and Pimco Corporate & Income Opportunit
PIMCO CEF Relative Value Ideas
10:01am, Sunday, 12'th Jan 2020
The combination of CEF market inefficiencies and the presence of CEF discounts presents an opportunity for successful relative value analysis and trading. One r
