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Sometimes, investors sell part of a position or even an entire position that they are still bullish on. They may need to raise capital for a life event or for another reason. I have written about the PIMCO Dynamic Income
PDI: I Sold A Chunk Of The Position But I Am Still Bullish On This Fund Going Forward
Summary
- I sold part of PIMCO Dynamic Income Fund position for other investments, but remain bullish on the fund.
- Risks to investing in PDI include opportunity cost, potential distribution reduction, and macroeconomic environment uncertainties.
- PDI's potential for capital appreciation and income generation remains strong, especially if Fed cuts rates in 2024.
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Analyst’s Disclosure:I/we have a beneficial long position in the shares of PDI, TSLA, NVDA 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.
Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.
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