PIMCO Dynamic Income Fund Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
February 28, 2014 at 04:00 pm EST
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PIMCO Dynamic Income Fund announced earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company net investment income was $37,467,437 or $0.82 per share against $64,489,630 or $1.46 per share for the same period of last year. Net realized and change in unrealized gain was $29,579,228 or $0.65 per share against $39,533,052 or $0.86 per share for the same period of last year.
For the nine months, the company net investment income was $126,181,198 or $2.77 per share against $104,965,638 or $2.33 per share for the same period of last year. Net realized and change in unrealized loss was $16,948,844 or $0.37 per share against gain of $212,055,333 or $4.69 per share for the same period of last year. As at December 31, 2013, net asset value was $30.15 against $28.95 as at December 31, 2012.
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 
