PIMCO Dynamic Income Fund (PDI)

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PIMCO Dynamic Income Fund (PDI) is a popular multisector bond closed end fund. This debt fund provide high yield of income.

The fund objective is to provide income with capital growth. It invests mainly in a global portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments. The fund managers are Joshua Anderson, Daniel J Ivascyn, and Alfred T. Murata.

This bond fund has a high yield of 8.67%. It has $2.58 billion of assets. This PIMCO fund has a high expense fee of 3.11%. The current market price is trading at 6.62% discount to its NAV. The effective leverage is 45.22%

PDI Fund Profile

    PIMCO Dynamic Income Fund (PDI)
  • Fund Inception Date: 05/25/2012
  • Ticker Symbol: PDI
  • CUSIP: 72201Y101
  • Rank in category (YTD): 12%
  • Category: Multisector Bond
  • Yield: 8.67%
  • Effective Leverage: 45.22%
  • Capital Gains: -
  • Premium/ Discount: -6.62%
  • Base Expense Ratio: 2.12%
  • Net Assets: $ 2.58 billion
  • Annual Turnover Rate: 10.0%

PIMCO Dynamic Income Fund Returns

This PIMCO Dynamic Income Fund is ranked with 5 stars rating by Morningstar. In 2015, it has year-to-date return of -1.05%. It has a 3 year annualized return of 16.85%. The past 3 years performance is as follows:
  • Year 2015: - 1.05%
  • Year 2014: 20.20%
  • Year 2013: 11.97%
This fund has 398 holdings in its portfolio. Top 3 asset allocations are asset backed bonds, corporate bonds, and short term debts. Top 5 bank sectors are banks, integrated oil, other financial, restaurants, and gaming. This fund has an average UNII per share of $0.5013.

More: Eaton Vance Limited Duration Income Fund (EVV)

Pros:
  • It has achieved outstanding return for the past 3 years.
  • This PIMCO Dynamic Income Fund has a high yield.
Cons:
  • This PIMCO fund has a high expense fee

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