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Posted by
Two Blokes Jun 27 -
Filed in
Stock
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PIMCO Dynamic Income Fund offers a high 14.2% yield, supported by diversified holdings and significant use of leverage. Recent performance has lagged the S&P 500, mainly due to rising short-term borrowing costs as interest rates increased post-pandemic. Potential catalysts include anticipated interest rate cuts, which should lower borrowing costs and could boost PDI's returns and asset values.