PDI CEF — PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (PDI)

Updated October 12, 2026.

PDI is a CEF. its distribution rate is 18.41%, its trailing-12-month yield is 19.99%, its expense ratio is 2.1375%. Dividend Vision Distribution Safety Score™ is 65/100 (Generally safe). Total return is 229.4% over the past 14.4 years, 427.3 points behind SPY at 656.7%.

PIMCO Dynamic Income Fund is a closed-end fund that seeks current income as its primary objective, with capital appreciation secondary. Distributions are monthly.

PDI performance versus SPY

Price and return data through 2026-10-12.

Total return is 229.4% over the past 14.4 years, 427.3 points behind SPY at 656.7%. Over the past year its total return — price change plus distributions reinvested — is -15.1%. Its deepest 1-year drawdown was 18.8%.

PDI key facts

Distribution Safety Score™

65 · Generally safe

Safety-Adjusted Yield

11.97%

Issuer

PIMCO

Asset type

CEF

Asset class

Fixed Income

Inception date

05/25/2012

Expense ratio

2.1375%

Distribution rate

18.41%

Distribution frequency

Monthly

Trailing yield

19.99%

5-year average yield

13.62

Last close

$14.37 (stale; as of 2026-10-12)

NAV

$14.92 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-12, NAV 2026-09-30) (NAV stale)

AUM

$3,725,610,000

Market cap

$6,848,978,944

Average volume

5112958.0

Dividend

$0.2205

Ex-dividend date

10/13/2026

Payment date

11/02/2026

How Dividend Vision calculates yield and returns

Distribution rate (18.41%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (19.99%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: PIMCO or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PDI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.8%.

Who may consider PDI — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare PDI

PDI vs similar funds:

• PDI vs RLTY

Frequently asked questions

More securities from PIMCO.