Aviance Capital Partners buys $3,022,153 stake in PIMCO Dynamic Credit Income Fund (PCI)

PIMCO Dynamic Credit Income Fund (PCI) : Aviance Capital Partners scooped up 58,855 additional shares in PIMCO Dynamic Credit Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 11, 2016. The investment management firm now holds a total of 151,867 shares of PIMCO Dynamic Credit Income Fund which is valued at $3,022,153.PIMCO Dynamic Credit Income Fund makes up approximately 1.07% of Aviance Capital Partners’s portfolio.

Other Hedge Funds, Including , Thomas J. Herzfeld Advisors reduced its stake in PCI by selling 5,485 shares or 2.42% in the most recent quarter. The Hedge Fund company now holds 221,000 shares of PCI which is valued at $4,397,900. PIMCO Dynamic Credit Income Fund makes up approx 2.23% of Thomas J. Herzfeld Advisors’s portfolio.Sii Investments Incwi boosted its stake in PCI in the latest quarter, The investment management firm added 3,645 additional shares and now holds a total of 118,740 shares of PIMCO Dynamic Credit Income Fund which is valued at $2,372,425. PIMCO Dynamic Credit Income Fund makes up approx 0.19% of Sii Investments Incwi’s portfolio. Rfg Advisory Group added PCI to its portfolio by purchasing 11,100 company shares during the most recent quarter which is valued at $220,335. PIMCO Dynamic Credit Income Fund makes up approx 0.19% of Rfg Advisory Group’s portfolio.Trust Asset Management reduced its stake in PCI by selling 38,773 shares or 14.79% in the most recent quarter. The Hedge Fund company now holds 223,368 shares of PCI which is valued at $4,431,621. PIMCO Dynamic Credit Income Fund makes up approx 2.04% of Trust Asset Management’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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