PDX
PIMCO Dynamic Income Strategy Fund
About: PIMCO Dynamic Income Strategy Fund is a non-diversified, limited term, closed-end management investment company registered under the Investment Company. The fund's primary investment objective is to seek current income as a primary objective and capital appreciation as a secondary objective.
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
82% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 17
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
1% more capital invested
Capital invested by funds: $535M [Q2] → $539M (+$3.4M) [Q3]
2.66% less ownership
Funds ownership: 53.71% [Q2] → 51.05% (-2.66%) [Q3]
5% less funds holding
Funds holding: 77 [Q2] → 73 (-4) [Q3]
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Research analyst outlook
We haven’t received any recent analyst ratings for PDX.
Financial journalist opinion
Based on 7 articles about PDX published over the past 30 days
Positive
Seeking Alpha
6 days ago
4 Closed-End Fund Buys (And A Sell) In The Month Of December 2024
Every month I add to my income-focused CEF portfolio, which creates a snowball and compounds growing cash flow over time. With some greater volatility opening up in the broader market, that helped to provide some select opportunities in what appears to be an otherwise still pretty pricey market. While no one knows what the future holds for sure, I'm still holding on to a sizeable cash position that I'd look to deploy in a broader market correction.
Positive
Seeking Alpha
1 week ago
PDX: The Big Move And Additional Catalysts
PDX holds a significant stake in Venture Global, which is planning an IPO to raise $2-2.3bn with a $110bn valuation. Venture Global's innovative modular construction approach could expedite and reduce costs for its planned LNG export terminals in Louisiana. We go through the math of the PDX position in Venture Global private Class A shares.
Positive
Seeking Alpha
1 week ago
PDX: Neither The NAV Nor The Market Has Fully Priced In The Venture Global IPO
PIMCO Dynamic Income Strategy Fund moved away from its Energy focus in 2024 but still holds about 50% in the sector, including pre-IPO shares of LNG company Venture Global. There is more upside to PDX NAV if VG prices within or above the current $40-$46 range. If VG prices at the top of the range and PDX closes its discount to NAV, PDX could gain around 18% from its market price of $31.86.
Negative
Seeking Alpha
1 week ago
PDX: An Energy Infrastructure-Bond Fund Hybrid That Looks Very Expensive
The PIMCO Dynamic Income Strategy Fund offers a lower yield than its peers and other PIMCO funds, making it less attractive for income-focused investors. Despite its lower yield, the fund has delivered a strong total return, outperforming its peers and the S&P 500 over the past five years. The fund's significant exposure to energy sector equities, particularly midstream master limited partnerships, may have contributed to its recent strong performance.
Negative
Seeking Alpha
2 weeks ago
PIMCO Cuts A Couple Of Distributions, Who Could Be Next?
RCS and PCM recently announced distribution cuts, and they were simultaneously trading at some hefty premiums to their NAV per share. We saw the usual outcome, which is a drastic sell-off as is often the case with the dangerous combination of elevated NAV distribution rates and premiums are mixed. We are looking at two more names to warn about in the future, but predicting distribution cuts is incredibly difficult as funds can pay out what they'd like.
Neutral
GlobeNewsWire
2 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on February 3, 2025 to shareholders of record on January 13, 2025, with an ex-dividend date of January 13, 2025.
Positive
Seeking Alpha
3 weeks ago
The 2024 CEF Year-End Specials
Several closed-end funds, or CEFs, have declared special year-end distributions, rewarding shareholders with holiday bonuses and meeting regulatory distribution requirements to avoid excise taxes. PIMCO Dynamic Income Strategy Fund declared a special distribution of $0.37 per share, reflecting strong capital gains and a strategic shift from its energy-focused origins. Barings Participation Investors announced a special distribution of $0.10 per share, highlighting its strong performance and commitment to high current income and capital appreciation.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Fund Declares Special Year-End Distribution
NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the PIMCO closed-end fund below (the “Fund”) has declared a special year-end distribution for the Fund's common shares as summarized below. The distribution is payable on January 13, 2025 to shareholders of record on December 30, 2024, with an ex-dividend date of December 30, 2024. In addition to the regular monthly dividends, this special year-end distribution is being paid to allow the Fund to meet its 2024 distribution requirements for federal excise tax purposes. The Fund's total distributions will be taxable to shareholders in 2024.
Neutral
Seeking Alpha
1 month ago
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on January 2, 2025 to shareholders of record on December 12, 2024, with an ex-dividend date of December 12, 2024.
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