PIMCO's Dynamic Income Fund benefits from the current environment in some ways, for example, it owns a lot of high yield bonds while the Fed cuts interest rates. However, it trades at a significant 14.01% premium to NAV. Additionally, the fund has been doing returns of capital, which can cause NAV to decline and aren't the most sustainable source of "yield".
High-yield dividend stocks can powerfully boost passive income. However, they come with significant risks, especially when yields exceed 10%, indicating potential payout cuts or limited growth. I discuss one underappreciated 14%-yielder that is an attractive buy and another popular one that is a sell in the current environment.
NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on December 2, 2024 to shareholders of record on November 12, 2024, with an ex-dividend date of November 12, 2024.
Earning season is crucial, with big tech companies like Microsoft, Apple, Meta, Alphabet, and Amazon reporting, potentially driving the market higher. The Dividend Harvesting Portfolio saw a healthy retracement, maintaining a 24.65% ROI, with a focus on diversification and recurring income. Added to positions in Ford and NextEra Energy Partners to enhance dividend income, projecting $1,910 in f...
If you like big monthly income, PIMCO is hard to beat. But before investing, you might want to look under the hood to see how the distribution is actually generated (for example, it recently included a massive amount of taxable ROC). After reviewing the fund, the distribution and the risks, we conclude with our strong opinion on investing.
In this article, I explore the potential path on how one could achieve $10,000 of annual portfolio income in just a 5-year period by accumulating a capital base from zero. I provide a sample portfolio with specific investment picks, which warrant a portfolio weighted average yield of ~ 9.5%. I remain agnostic to price volatility, but focused on avoiding income cut. I hope that this article will...
I believe PDI offers an exciting opportunity in the fixed-income market, providing both appreciation and a 13.26% yield despite market volatility. PDI has consistently distributed income, generating 164.13% of its initial share price in income since its inception, making it an income investor's dream. Risks include potential underperformance compared to the market, currency fluctuations, and th...
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation...
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