Thomas J. Herzfeld Advisors Lowers stake in PIMCO Dynamic Credit Income Fund (PCI)

PIMCO Dynamic Credit Income Fund (PCI) : Thomas J. Herzfeld Advisors reduced its stake in PIMCO Dynamic Credit Income Fund by 2.42% during the most recent quarter end. The investment management company now holds a total of 221,000 shares of PIMCO Dynamic Credit Income Fund which is valued at $4,397,900 after selling 5,485 shares in PIMCO Dynamic Credit Income Fund , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.PIMCO Dynamic Credit Income Fund makes up approximately 2.23% of Thomas J. Herzfeld Advisors’s portfolio.

Other Hedge Funds, Including , Ancora Advisors sold out all of its stake in PCI during the most recent quarter. The investment firm sold 44,900 shares of PCI which is valued $893,510. Private Advisor Group added PCI to its portfolio by purchasing 15,408 company shares during the most recent quarter which is valued at $307,852. PIMCO Dynamic Credit Income Fund makes up approx 0.01% of Private Advisor Group’s portfolio.Sit Investment Associates Inc boosted its stake in PCI in the latest quarter, The investment management firm added 172,805 additional shares and now holds a total of 1,443,756 shares of PIMCO Dynamic Credit Income Fund which is valued at $28,745,182. PIMCO Dynamic Credit Income Fund makes up approx 0.74% of Sit Investment Associates Inc’s portfolio.Cibc World Markets boosted its stake in PCI in the latest quarter, The investment management firm added 2,297 additional shares and now holds a total of 62,738 shares of PIMCO Dynamic Credit Income Fund which is valued at $1,244,722. PIMCO Dynamic Credit Income Fund makes up approx 0.01% of Cibc World Markets’s portfolio.

PIMCO Dynamic Credit Income Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek current income. Capital appreciation is a secondary objective of the Fund. The Fund will invest at least 50% of its net assets in corporate income-producing securities of varying maturities issued by United States or foreign (non-United States) corporations or other business entities including emerging market issuers. It will invest at least 80% of its net assets in a portfolio of debt instruments of varying maturities. The Fund may also invest up to 40% of its total assets in securities of issuers economically tied to emerging market countries. Its portfolio of investments includes banks utilities wireless pipelines independent E&P integrated oil non-captive consumer finance chemicals broadcasting and brokerage among others. Pacific Investment Management Company LLC (PIMCO) is the Fund’s investment manager.

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