- Pimco Dynamic Income Fund (PDI +0.7%) gains after perhaps unexpectedly bumping its monthly payout 7.9% to $0.191 per share. The current price of $29.04 is a 5.2% discount to yesterday's closing NAV.
- Worth keeping in an eye on is the saga of Elke Batista's OGX Petroleo, and whether it will default. According to David Schawel, PDI fund manager Daniel Ivascyn owns a decent slug of the failing company's paper.
PDI gains after dividend boost
Oct 2 2013, 14:59 ET