PIMCO Dynamic Income Fund (PDI)

We bought the fund at $16.40.

Pimco funds are famous as one of the best managed bond funds. The fund was established by Bill Gross, famous as the “King of Bonds”.

There are about a dozen PIMCO CEF's investing in bonds, loans and municipal debt. PDI is the biggest of them, with over 9 billion under management. The fund is very diversified with 1538 holdings from all over the world ⅔ of assets are US origin.