Pci merger with pdi

Author: dubn

August undefined, 2024

Splet10. nov. 2024 · We won’t add money to PCI—or the new “mega-fund”—unless it dips to a discount. But there’s no reason to sell a modest premium either when PCI’s dividend (9.6%) is so much better than ...

This Unusual "Dividend Merger" Could Deliver a 9.2% Payout

Splet06. maj 2024 · What's more important is how this merger will impact the funds' premiums. PDI is the most expensive of the three, with a 15.7% premium to NAV, but PCI's 13% and … SpletPCI into PDI, which will require, among other conditions to be satisfied, approval by PDI shareholders of the issuance of the Merger Shares as noted above. PIMCO has agreed to … minestrone soup add ins

PIMCO PDI CEF: Big Premium, 10.1% Yield (NYSE:PDI)

Splet20. sep. 2024 · Also, we saw PKO and PCI shareholders approve the merger of PKO and PCI into PDI. In connection with the mergers, there is a 75% waiver of the management fee. Splet30. apr. 2024 · PDI shareholders must approve the merger with PCI and PKO (to issue additional common shares). PKO will only be merged into PDI if the shareholders of PCI … Splet20. apr. 2024 · The proposed mergers are intended to provide potential benefits to common shareholders, including exposure for GPM and GGM to the enhanced investment opportunities offered by GOF, economies of... minestrone meatball soup

PDI PIMCO Dynamic Income Fund Overview MarketWatch

Splet19. jun. 2024 · Can we revisit this topic and get some perspectives from people here about what actions, or not, you're planning around this merger. I have 9% PW in PDI 8% PW in PCI 6% PW in PKO It's been great for income with PDI and … Splet30. apr. 2024 · Dammit, PDI is in the top 5 for best TR, and this merger has the potential to knock it out of the top 5 if a div cut causes a major decrease in MP - my cash basis is half the cost basis because I've DRIP the divs for years, haven't owned PCI as long, PCI cash basis only 14% lower that cost basis, so my cash basis for PDI will go up almost 20%. moss creek jacksonville ncSplet09. maj 2024 · The company has always kept its funds separate, even though they have many similarities, so it came as a surprise when it announced that its PIMCO Dynamic … minestrone soup for 4

"Splet30. apr. 2024 · In addition, the reorganization of PKO into PDI (the “PKO Merger”) is subject to approval by PKO’s shareholders and contingent on the consummation of the reorganization of PCI into PDI ... " - Pci merger with pdi

Pci merger with pdi

Splet13. dec. 2024 · In the Reorganizations, PDI acquired all of the assets and assumed all of the liabilities of each of PCI and PKO in exchange for newly-issued common shares of … SpletMortgage Income Fund (“PCI”) (NYSE: PCI) and PKO to reorganize with and into PDI. (No action was needed from shareholders of PCI.) In connection with the reorganizations, PIMCO has agreed to a 75% management fee waiver for PKO that will be in effect for two months following today’s approvals. In addition, PDI’s annual

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SpletI suggest using the Corporate Acquisition (stock for stock) wizard: select Enter Transactions and Corporate Acquisition (stock for stock) in the Enter transaction: pull-down menu. Date should be 12/10/2024, New shares issued should be .949037 per share of PKO with PDI at $24.2194. SpletWhat’s more important is how this merger will impact the funds’ premiums. PDI is the most expensive of the three, with a 15.7% premium to NAV, but PCI’s 13% and PKO’s 14.4% aren’t far behind. The merged fund will likely have a premium of about 14%, meaning it’ll still be pricey. What to Look Out for in a CEF

SpletPred 1 dnevom · PDI A complete PIMCO Dynamic Income Fund mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund interest rates. Splet15. dec. 2024 · In the reorganization, PDI acquired all the assets and liabilities associated with the other funds. Shareholders of PCI and PKO will receive pro rata amounts of PDI …

Splet13. dec. 2024 · The exchange was based on the net asset value per common share (“NAV”) of each of PCI, PKO, and PDI as of the close of business on Friday, December 10, 2024. PIMCO was founded in 1971 in ... Splet12. apr. 2024 · PIMCO Dynamic Income Fund's most recent monthly dividend payment of $0.2210 per share was made to shareholders on Monday, April 3, 2024.

Splet19. nov. 2024 · NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The previously-announced contemplated reorganizations of each of PIMCO Dynamic Credit and Mortgage Income Fund (“PCI”) and PIMCO Income Opportunity ...

Splet30. apr. 2024 · PIMCO announced a proposed merger of PCI and PKO into PDI late on the 29-April and the vote is expected to take place on 28-July. The merger of PKO into PDI is contingent on the PCI... Income investing across BDCs, CEFs, ETFs, preferreds, baby bonds and more. moss creek jewelrySpletThe distributions are payable on December 22, 2024 to shareholders of record on December 15, 2024, with an ex-dividend date of December 14, 2024. In addition to the regular monthly dividends, these... moss creek in pearl msSplet19. nov. 2024 · Shares of PDI, including the Merger Shares issued in connection with the reorganizations, will continue to trade on the NYSE upon the opening of regular trading on … moss creek lagrange gaSplet30. maj 2012 · The reorganizations of PIMCO Income Opportunity Fund (PKO) and PIMCO Dynamic Credit and Mortgage Income Fund (PCI) with and into PIMCO Dynamic Income … minestrone soup for a crowdSplet10. nov. 2024 · But there’s no reason to sell a modest premium either when PCI’s dividend (9.6%) is so much better than most bond alternatives. Also, most substitutes do not have the quality of management provided by PIMCO. The future dividend should be fine. Sister funds PKO and PDI both pay more than 9%, so they are bringing plenty of yield to the party. minestrone slow cooker soupSplet01. okt. 2024 · PIMCO's 10.1% yield CEF, PDI, has watched its big premium (market price vs. NAV) shrink as a large merger looms imminent. PIMCO will still be a great manager. moss creek kySplet30. apr. 2024 · Re: PCI and PKO to merge into PDI !!! Holy CRAP! This is a MASSIVE proposal - the new PDI will have > $10B in assets if leverage of all three funds stays the … minestrone slow cooker vegetarian