PIMCO’s 14% Yield PDI: Hold For Income Only (NYSE:PDI)
Andrii Dodonov When I last covered the PIMCO Dynamic Income Fund (NYSE:PDI), I rated the 14% yielding ETF a buy, on the grounds that it paid lots of income and stood to benefit from coming rate cuts. The high yield is still on offer, but the prospect of capital gains brought on by rate cuts…