PIMCO Dynamic Income Fund moves across global credit markets, including corporate and mortgage-related debt. That flexibility can find income in different places, but it also means the mix of credit, rates and financing matters to the monthly payment.
Business
Multi-sector credit CEF
Listing
PDI · XNYS
Reporting period
2026-06-30
Dividend schedule
Monthly
How the business works
Interest from PDI's credit holdings is the recurring starting point. Borrowing and fund costs reduce net investment income. Investment gains, losses and changing bond values can affect shareholder value even when the cash distribution stays the same.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$1.86
Jul 1, 2025 to Jun 30, 2026
$0.00$1.86
Distribution yield17.93%Sourced distributions divided by dated market priceTrailing 12-month income yield13.24%Net investment income for Jul 1, 2025 to Jun 30, 2026, divided by market price $14.0500 on Sep 29, 2026. Historical income; not a forecast.Annual dividend$2.65Current regular payment annualized per shareDistribution supportSee period evidenceCash distributions, NAV and reported returns are shown separately; no earnings-coverage ratio is assigned.
Verified dividend dates and payment components
Issuer announcements supplement the recorded totals above. Each declared payment is shown separately. Additional payments are not assumed to repeat.
The latest four recorded reporting periods. Each issuer measure keeps its own name and dates. These source records supplement the Fly High figures above; different measures are not added together or assumed comparable.
Reviewed USD market closes or SEC-reported prices matched to NAV dates. A different price date or split adjustment is shown in the label.
Cash distributions and reported returns
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
Distribution and NAV evidence
Cash paid, opening and closing NAV, and the fund-reported NAV total return are separate observations. NAV change excludes distributions. These figures show outcomes, not which source funded a payment or whether future distributions are sustainable.
Losses or weaker cash generation in corporate and securitized credit can reduce the resources available for future distributions.
Monitor
A change can affect future shareholder cash payments or the capital supporting them.
Leverage and financing
The current data service reports effective leverage of 35.05%. Financing magnifies gains and losses, and borrowing costs reduce income available to common shareholders.
Monitor
A change can affect future shareholder cash payments or the capital supporting them.
The assets behind the earnings
How PDI makes money
Financial snapshot: 2026-06-30. Research reviewed 2026-09-18. Source dates are retained with each measure; historical results are not a forecast.
The assets it owns
$7.292 billion net assets1926 holdings · As of 6/30/2026
Net assets checked 2026-09-11. Borrowings and preferred financing are excluded from this net-assets figure.
A complete, comparable portfolio allocation is not available for this chart. No percentages have been estimated.
Fund net investment income per common share; actual reporting period, not annualized$1.8600
$0.00$1.90
For the year ended June 30, 2026, PDI reported $1.86 of net investment income per share and $2.65 of regular distributions. Interest after fund costs did not cover the full regular cash payment. The filing's distribution sources and NAV show the broader result.
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
The portfolio information checked September 11, 2026 reports effective leverage of 35.05%.
Financing can increase earning assets, but its cost reduces income available to common shareholders. When borrowing costs rise or portfolio income falls, the distribution can become harder to sustain.
PIMCO Dynamic Income Fund reported $1.8600 per share for 2025-07-01 through 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Losses or weaker cash generation in corporate and securitized credit can reduce the resources available for future distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
In the next comparable report, compare net investment income with the regular distribution total. Then check the credit mix, financing costs, realized results and NAV.
Net asset value (NAV)
NAV per share$15.0200Sep 29, 2026Market price$14.0500Sep 29, 2026PREMIUM / DISCOUNT TO NAV6.46% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
Regular distribution screen: 17.93% on 2026-09-11.
Reported net investment income per common share: $1.86 for 2025-07-01 through 2026-06-30; not annualized.
What to watch next
In the next comparable report, compare net investment income with the regular distribution total. Then check the credit mix, financing costs, realized results and NAV.
Fly High context
In the next comparable report, compare net investment income with the regular distribution total. Then check the credit mix, financing costs, realized results and NAV.
Loading current company feeds…
U.S. federal · Tax year 2025 · Selected payments only
Dividend tax treatment
For six payments from February through July 2025, PIMCO reported $0.514255 of return of capital out of $1.3230 distributed per common share.
These figures cover only the February through July 2025 payments. They describe $1.3230 per share across 6 payments, not the full 2025 tax mix. The issuer form identifies return of capital for these six payments only. It does not classify the rest of the payments as ordinary dividends, or tell us the full calendar-year mix. Use your Form 1099-DIV for the full year. See the issuer's tax filing.
Total ordinary dividends
Not confirmed
Qualified dividends
Not confirmed
Capital-gain distributions
Not confirmed
Return of capital
38.87%
The payments named above have issuer-backed tax information, and that is worth seeing. Other 2025 payments may have a different mix, so we have not extended these percentages beyond the dates the source actually covers. Your full-year tax statement completes the story.
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
