PDI: You Were Clearly Warned (Rating Upgrade)
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Quad 7 CapitalInvesting Group LeaderFollow5ShareSavePlay(8min)Comments(11)SummaryThe PIMCO Dynamic Income Fund shares have fallen dramatically since our September 'don't buy' call.PDI offers a reliable monthly distribution, yielding nearly 15%, with a decade-long history of uninterrupted payouts — even through rate cycles and market turmoil.Returns of capital have eroded NAV over time, but the fund’s cash flow remains strong; timing entry near NAV is critical for maximizing yield.Now trading at a modest 4% premium-to-NAV.Get in the game. CHOLTICHA KRANJUMNONG/iStock via Getty Images Today, we circle back to the somewhat controversial PIMCO Dynamic Income Fund (NYSE:PDI), or PDI. In our last coverage of this name, we told you it was NOT the time to buy. You were warned about theThis article was written byQuad 7 Capital44.01K FollowersFollowThe Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within their investing group BAD BEAT Investing, focused on short- & medium-term investments, income generation, special-situations, & momentum trades. Rather than just give you trades, they focus on teaching investors to become proficient traders through their playbook. Their goal is to save you time by providing in depth, high-quality research, with crystal clear entry and exit targets. They have a proven track record of success.Benefits of BAD BEAT Investing include: Learning how to understand the pinball nature of markets, executing well-researched written trade ideas each week, use of 4 chat rooms, receive daily complimentary key analyst upgrade/downgrade summaries, learning basic options trading, & extensive trading tools. If you would like to learn more, click the link above!Analyst’s Disclosure:I/we have a beneficial long position in the shares of PDI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You