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Posted by
Two Blokes May 21, 2025 -
Filed in
Stock
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5 views
PIMCO Dynamic Income Fund (PDI) offers a high 14% yield, but its net asset value (NAV) has been declining over time. Rising interest rates have led to immediate portfolio value declines, while the positive yield impact from reinvestment will take years to materialize. PDI currently trades at a significant 13% premium to NAV, making it expensive compared to historical levels and less attractive for new buyers.
