Pimco Dynamic Income Fund (PDI): Thomas J Otterbein , other of Pimco Dynamic Income Fund purchased 1,100 shares on Apr 20, 2016. The Insider buying transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were purchased at $26.59 per share for a total value of $29,244.05 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 22, 2016, Hans W Kertess (director) purchased 8,000 shares at $24.77 per share price.On Feb 22, 2016, Deborah A Decotis (director) purchased 1,000 shares at $25.01 per share price.Also, On Sep 9, 2015, Thomas J Otterbein (other) purchased 5,000 shares at $28.14 per share price.On Jul 20, 2015, William Glen Galipeau (officer ) purchased 3,410 shares at $29.33 per share price.
PIMCO Dynamic Income Fund is a closed-ended non-diversified management investment fund. The Fund’s primary objective is to seek current income and its secondary objective is capital appreciation. The Fund invests in a portfolio of mortgage-backed securities investment grade and high yield corporates developed and emerging markets corporate and sovereign bonds other income-producing securities and related derivative instruments. The Fund seeks to invest at least 25% of its total assets in privately issued mortgage-related securities and up to 40% of its total assets in securities of issuers economically tied to emerging market countries. The Fund invests in integrated oil banks restaurants electric utility brokerage gaming oilfield services and packaging among others. Pacific Investment Management Company LLC is the Fund’s manager.