PIMCO Dynamic Income Fund Announces Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014
May 30, 2014 at 04:00 pm EDT
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PIMCO Dynamic Income Fund announced earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, the company net investment income was $41,485,582 or $0.93 per share against $21,182,074 or $0.46 per share for the same period of last year. Net realized and change in unrealized gain was $73,496,885 or $1.61 per share against $81,712,381 or $1.81 per share for the same period of last year.
For the year, the company net investment income was $167,666,780 or $3.70 per share against $126,147,712 or $2.79 per share for the same period of last year. Net realized and change in unrealized gain was $56,548,041 or $1.24 per share against $293,767,714 or $6.50 per share for the same period of last year. As at March 31, 2014, net asset value was $32.11 against $30.69 as at March 31, 2013.
PIMCO Dynamic Income Fund (the Fund) is a diversified closed-end management investment company. The Funds primary investment objective is to seek current income and secondary objective is capital appreciation. The Fund normally invests worldwide in a portfolio of debt obligations and other income-producing securities of any type and credit quality, with varying maturities and related derivative instruments. The Fundâs investment universe includes mortgage-backed securities, investment grade and high-yield corporates, developed and emerging markets corporate and sovereign bonds, other income-producing securities, and related derivative instruments. The Fund normally invests at least 25% of its total assets in privately issued (non-agency) mortgage-related securities. The Fund may normally invest up to 40% of its total assets in securities of issuers economically tied to emerging market countries. Pacific Investment Management Company LLC serves as the Fundâs investment manager.
PIMCO DYNAMIC INCOME FUND 
