Q: Both PIMCO Tactical Income Fund (9.6% Yield) and PIMCO Dynamic Income Fund (13% Yield), were mentioned on the weekend.
Their unit prices have dropped due to the rise in interest rates. I am retired and have very little exposure to fixed income. Would this be a reasonable investment to consider? One would expect if interest rates continue to rise, the units’ prices will continue to be adversely affected.
Thank you
Kim
Their unit prices have dropped due to the rise in interest rates. I am retired and have very little exposure to fixed income. Would this be a reasonable investment to consider? One would expect if interest rates continue to rise, the units’ prices will continue to be adversely affected.
Thank you
Kim
