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Stock impact report

PCI: Premium CEF With 8.6% Monthly-Pay Yield And Growing [Seeking Alpha]

PIMCO Dynamic Credit and Mortgage Income Fund Common Shares of Beneficial Interest (PCI) 
Company Research Source: Seeking Alpha
PCI: Premium CEF With 8.6% Monthly-Pay Yield And Growing Summary When we recommended buying PIMCO Dynamic Credit and Mortgage Income Fund (PCI) it was trading at a premium, and the growth has more than justified that decision. PCI recently increased their dividend, providing investors with a 6% raise. Declining interest rates and mortgage fundamentals continue to provide PCI with tailwinds, making it an excellent option for income investors. PCI is one of the best fund to own through retirement. We also discuss buy levels for PTY, another fund that we like. Co-produced with Beyond Saving Treading Softly High Dividend Opportunities Back in March, we wrote an article about still a bargain we discussed We use CEFs to: PCI achieves numbers 1 and 3 with a world-renowned asset manager and a focus on investments that are not easily accessible for retail investors. There are several things that appeal to us about PCI including, The most frequent negative comment we received in the Show less Read more
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