PDX
Pimco Dynamic Income Strategy Fund
A closed-end fund from PIMCO that aims to generate current income for investors by spreading money across a wide range of bonds, from corporate debt and government securities to mortgage-backed assets. It's run by PIMCO, the giant bond manager whose name shortens Pacific Investment Management Company, founded in 1971 in Newport Beach as the money-management arm of Pacific Mutual Life Insurance. The fund's "dynamic" strategy means it shifts among bond types and sectors as market conditions change, rather than locking in one kind of investment.
CUSIP: 69346N107FinancialsUS1 holder