NEW YORK--(BUSINESS WIRE)--
PIMCO Dynamic Income Fund (the "Fund") (PDI), a non-diversified, closed-end management investment company which seeks current income as a primary objective and capital appreciation as a secondary objective, today announced its results for the fiscal quarter and period ended December 31, 2012.
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At December 31, 2012
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| Net Assets | $1,307,769,507 | |||||
| Shares Outstanding | 45,170,540 | |||||
| Net Asset Value ("NAV") | $28.95 | |||||
| Market Price | $29.24 | |||||
| Premium to NAV | 1.00% | |||||
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Quarter ended December 31, 2012
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| Net Investment Income (b) | $65,489,630 | |||||
| Per Share (b) | $1.46 | |||||
| Net Realized and Unrealized Gain (b) | $39,533,052 | |||||
| Per Share (b) | $0.86 | |||||
| For the Period May 30, 2012 (a) | ||||||
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through December 31, 2012
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| Net Investment Income (b) | $104,965,638 | |||||
| Per Share (b) | $2.33 | |||||
| Net Realized and Unrealized Gain (b) | $212,055,333 | |||||
| Per Share (b) | $4.69 | |||||
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(a)
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Commencement of operations.
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(b)
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The information provided is in accordance with Generally Accepted
Accounting Principles ("GAAP"), which requires the Fund to treat
amounts accrued by the Fund under swap agreements as net realized
and unrealized gain (loss). However, these amounts are treated as
net investment income (loss) for federal income tax purposes. By
using GAAP, Net Investment Income for the fiscal quarter and
period ended December 31, 2012 was $123,225 ($0.01 per share) and
$3,042,567 ($0.07 per share) lower, respectively, and Net Realized
and Unrealized Gain correspondingly higher than those figures
would have been if swap amounts were treated as net investment
income.
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Allianz Global Investors Fund Management LLC ("AGIFM"), an indirect, wholly-owned subsidiary of Allianz Asset Management of America L.P., serves as the Fund's investment manager and is a member of Munich-based Allianz Group. Pacific Investment Management Company LLC, an AGIFM affiliate, serves as the Fund's sub-adviser.
The Fund's daily New York Stock Exchange closing market price, NAV, as well as other information, is available at www.allianzinvestors.com/closedendfunds or by calling the Fund's shareholder servicing agent at (800) 254-5197.
The financial information contained herein is solely based upon the data available at the time of publication of this press release, and there is no assurance that any future results will be the same or similar to what is reported herein. Information that was obtained from third party sources we believe to be reliable is not guaranteed as to its accuracy or completeness. This press release contains no recommendations to buy or sell any specific securities and should not be considered investment advice of any kind. Past performance is no guarantee of future results and the investment returns generated by the Fund will fluctuate. There can be no assurance that the Fund will meet its stated objective. In making any investment decision, individuals should utilize other information sources and the advice of their own professional adviser.
Financial Advisors: 800-628-1237
Shareholders: 800-254-5197
Media Relations: 212-739-3501
