PDI CEF — PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (PDI)

PDI is a CEF. As of August 28, 2026, its distribution rate is 17.30%, its trailing-12-month yield is 17.30%, its expense ratio is 2.18%. Dividend Vision Distribution Safety Score™ is 71/100 (Generally safe). Fund total return is 241.5% over the past 14.3 years, 404.9 points behind SPY at 646.4%.

At the current 17.30% distribution rate, a $10,000 investment would generate approximately $1,730 per year, or $144.17 per month on an equivalent basis.

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

Data as of August 28, 2026.

Fund total return is 241.5% over the past 14.3 years, 404.9 points behind SPY at 646.4%. Its deepest 1-year drawdown was 14.8%.

PDI key facts

Data as of August 28, 2026.

Distribution Safety Score™

71 · Generally safe

Safety-Adjusted Yield

12.28%

Issuer

PIMCO

Asset type

CEF

Asset class

Fixed Income

Inception date

05/25/2012

Expense ratio

2.18%

Distribution rate

17.30%

Distribution frequency

Monthly

Trailing yield

17.30%

5-year average yield

13.3

Last close

$15.33

AUM

$3,725,610,000

Market cap

$7,075,782,656

Average volume

1969902.0

Last dividend

$0.2210

Ex-dividend date

08/13/2026

Payment date

09/01/2026

Payout ratio

1.2845

P/E ratio

7.4417

EPS

$2.06

How Dividend Vision calculates yield and returns

Distribution rate (17.30%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (17.30%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: PIMCO fund 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 14.8%.

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 funds from PIMCO.