PDI CEF — PIMCO Dynamic Income Fund

PIMCO Dynamic Income Fund (PDI)

PDI is a CEF. As of September 4, 2026, its distribution rate is 17.28%, its trailing-12-month yield is 17.30%, its expense ratio is 2.18%. Dividend Vision Distribution Safety Score™ is 69/100 (Generally safe). Total return is 246.3% over the past 14.3 years, 400.9 points behind SPY at 647.2%.

At the current 17.28% distribution rate, a $10,000 investment would generate approximately $1,728 per year, or $144.00 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 September 4, 2026.

Total return is 246.3% over the past 14.3 years, 400.9 points behind SPY at 647.2%. Its deepest 1-year drawdown was 13.6%.

PDI key facts

Data as of September 4, 2026.

Distribution Safety Score™

69 · Generally safe

Safety-Adjusted Yield

11.92%

Issuer

PIMCO

Asset type

CEF

Asset class

Fixed Income

Inception date

05/25/2012

Expense ratio

2.18%

Distribution rate

17.28%

Distribution frequency

Monthly

Trailing yield

17.30%

5-year average yield

13.3

Last close

$15.33

NAV

$15.63 as of 2026-09-30

Premium / discount

1.92% discount

AUM

$3,725,610,000

Market cap

$7,057,319,936

Average volume

2435991.0

Next dividend

$0.2208

Next ex-dividend date

09/11/2026

Next payment date

10/01/2026

How Dividend Vision calculates yield and returns

Distribution rate (17.28%) 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. 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. Figures below use Dividend Vision data as of September 4, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 4, 2026.

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 13.6%.

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.