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Posted by
Two Blokes May 4 -
Filed in
Stock
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PIMCO Dynamic Income Strategy Fund (PDX) is continuing its long transition from an energy-focused fund to a multi-sector bond fund. PDX's largest holding, Venture Global, flopped post-IPO, contributing to recent negative returns and a wider discount, yet the fund still remains an interesting choice for other reasons. The fund pays a monthly distribution that is relatively low for a PIMCO fund, but I believe there is room for growth in the future.
