PIMCO Dynamic Income Fund (NYSE:PDI) Plans Monthly Dividend of $0.22

by · The Markets Daily

PIMCO Dynamic Income Fund (NYSE:PDI – Get Free Report) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Tuesday, October 13th will be given a dividend of $0.2205 per share on Monday, November 2nd. This represents a $2.65 dividend on an annualized basis and a yield of 18.7%. The ex-dividend date is Tuesday, October 13th.

PIMCO Dynamic Income Fund Stock Up 1.0%

Shares of PIMCO Dynamic Income Fund stock opened at $14.16 on Friday. PIMCO Dynamic Income Fund has a 52-week low of $13.73 and a 52-week high of $19.96. The company has a 50-day simple moving average of $15.19 and a two-hundred day simple moving average of $16.30.

PIMCO Dynamic Income Fund Company Profile

(Get Free Report)

PIMCO Dynamic Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol PDI. The fund seeks to provide current income while also pursuing capital appreciation as a secondary objective. It is advised by Pacific Investment Management Company LLC (PIMCO), a global investment manager and a subsidiary of Allianz Group.

The fund invests primarily in a diversified portfolio of fixed-income instruments and other income-producing assets. Its holdings may include mortgage-related securities, high-yield and investment-grade corporate bonds, sovereign and emerging-market debt, bank loans, asset-backed securities and other credit investments.

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