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PDI

18.42000 USD
0.05
0.27%
Last update May 27, 3:59 PM EDT
Market closed
Day range
18.35000
18.45000
Previous close
18.37000
Open
18.42000
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PIMCO Dynamic Income Fund
18.42
0.05
0.27%

Overview

Description

The PIMCO Dynamic Income Fund is a diversified closed-end fund that seeks to produce high current income with a secondary goal of capital appreciation. Managed by the renowned financial firm PIMCO, the fund invests in a wide array of income-generating assets, including but not limited to government and corporate bonds, mortgage-backed securities, and emerging market securities. Its dynamic asset allocation strategy allows it to adapt to changing market conditions by investing in a broad spectrum of global fixed-income sectors. The fund aims to capitalize on PIMCO's expertise in bond market analysis and active management to generate above-average income streams for its investors. PIMCO Dynamic Income Fund plays a pivotal role in the fixed income market by diversifying income sources and seeking to mitigate interest rate risk through strategic asset selection and allocation. Its active management approach distinguishes it from traditional passive income funds, providing investors with the potential for enhanced returns and flexibility in the face of economic changes.

About

CEO
Employees
0
Address
650 Newport Center Drive
Newport Beach, 92660, CA
United States
Phone
949 720 6000
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS
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