"Pimco chief Bill Gross just added more than 31,000 shares to his stake in Pimco Dynamic Income Fund ( PDI), a regulatory filing shows.
The purchase, which took place yesterday according to the filing, comes as the CEF is trading more than 5% below its net-asset value and enjoys a 7.6% distribution, according to CEFConnect. This is the same CEF the Barron’s ETF Focus column highlighted as a pick back in December.
Gross’ stake in the fund is now north of 231,000 shares."
