PIMCO Dynamic Income Fund (PDI)

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

• 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

More: PIMCO Income Fund (PONAX)