MicroStockHub Closed-end funds can play a very important role in asset allocation, income generation and diversification. One closed-end fund that I valued highly was the PIMCO Dynamic Income Fund (NYSE:PDI) which presently provides passive income investors with a 14.2% dividend yield. I am modifying my stock rating on the closed-end fund from Buy to Hold,…
Dmytro Aksonov PIMCO Dynamic Income Fund (NYSE:PDI) is a name that we called for a buy 3 months ago in October 2023. Recall that this is a closed-end mutual fund, or CEF. PIMCO Dynamic Income fund, herein referred to as PDI in this column, seeks to provide investors in the fund with a high level…
shih-wei By Jeffrey Schulze, CFA, Head of Economic and Market Strategy, ClearBridge Investments As 2024 kicks off, we sit down with ClearBridge Investment’s Jeff Schulze for an update on the Recession Risk Dashboard that has recently seen some indicator moves from red to yellow and learn whether recent US economic and labor data have impacted…
NoDerog Investment thesis Our current investment thesis is: CHD is a high-quality business, owing to its strong portfolio of brands, which are successfully developed over time strategically, and supplemented with M&A. Growth has been extremely good for a mature business and margins are high. We see a continuation of its current trajectory. Economic conditions and…
DNY59 The KKR Income Opportunities Fund (NYSE:KIO) is a closed-end fund, or CEF, that specializes in generating a very high level of income for its shareholders. The fund certainly manages to accomplish this task fairly well, as its 12.15% current yield is very competitive with similar funds offered by other alternative asset managers: Fund Current…
tadamichi By Tracy Chen, CFA, CAIA The traditional risk parity portfolio has come under scrutiny. The classic asset allocation of 60% stocks/40% bonds is built upon the thesis that stocks and bonds when paired together can provide shock absorption to achieve attractive risk-adjusted returns. These diversification benefits rely on the historical correlation between stock and…
Olivier Le Moal Despite losing value in 2023, PIMCO Dynamic Income Fund (NYSE:PDI) has a role to play in the investment portfolios of passive income investors, in my view. The PIMCO Dynamic Income Fund is focused on interest rate-sensitive fixed income instruments, primarily mortgage-backed securities and high-yield debt, which have the potential to deliver price…
JamesBrey/E+ via Getty Images I’m always on the lookout for the best possible investments, and I have a strong preference for stocks with rapidly growing dividends. As a largely buy and hold investor, it gives me considerable satisfaction to possess investments that outperform the market and generate powerful dividend growth. A well worn shibboleth states…