PDI Stock Summary and Trading Ideas (Pimco Dynamic Income | NYSE:PDI)

Seeks current income as a primary objective and capital appreciation as a secondary objective. The fund normally invests worldwide in a portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments. The fund’s investment universe includes mortgage-backed securities, investment grade and high yield corporates, developed and emerging markets corporate and sovereign bonds, other income-producing securities and related derivative instruments. The fund will normally invest at least 25% of its total assets in privately issued (commonly known as “non-agency”) mortgage-related securities. The Fund may normally invest up to 40% of its total assets in securities of issuers economically tied to emerging market countries. The fund will normally maintain an average portfolio duration of between zero and eight years.

Pimco Dynamic Income trades on the NYSE stock market under the symbol PDI.

As of April 25, 2024, PDI stock price climbed to $18.87 with 929,659 million shares trading.

PDI has a beta of 0.61, meaning it tends to be less sensitive to market movements. PDI has a correlation of 0.21 to the broad based SPY ETF.

PDI has a market cap of $5.70 billion. This is considered a Mid Cap stock.

In the last 3 years, PDI stock traded as high as $29.75 and as low as $15.45.

PDI has underperformed the market in the last year with a price return of +19.7% while the SPY ETF gained +23.6%. PDI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.5% and -3.0%, respectively, while the SPY returned +4.1% and -2.1%, respectively.

PDI support price is $18.70 and resistance is $19.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PDI stock will trade within this expected range on the day.