PIMCO Update | November 2023 | PDI's Distribution Reliant On Its ATM
Summary
PIMCO Dynamic Income Strategy (PDX) is a recommended special situation option, but PIMCO should reduce its energy component due to overvaluation.
PDI's distribution and shortfall between earnings and distributions are discussed, with PDI paying a higher distribution rate than other funds.
Leverage has been reduced in October, coverage ratios have i…
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