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Posted by
Two Blokes Jul 29 -
Filed in
Stock
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3 views
I maintain my buy rating on PDI, as it remains resilient and offers a high 13.8% yield despite a challenging interest rate environment. PDI's diversified portfolio, majority investment-grade allocation, and consistent distributions make it attractive for income-focused investors seeking stability. The fund's aggressive leverage and premium to NAV are risks, but future interest rate cuts could improve spreads and total returns.