5 Dividend Stocks to Buy According to Murray Stahl’s Horizon Asset Management

3. PIMCO Dynamic Income Fund (NYSE:PDI)

Horizon Asset Management Stake Value: $3,058,000
Percentage of Horizon Asset Management’s 13F Portfolio: 0.07%
Number of Hedge Fund Holders: 1
Dividend Yield: 10.48%

PIMCO Dynamic Income Fund (NYSE:PDI) is a closed-end managed investment business that is non-diversified. Its primary purpose is to provide current income, with capital appreciation coming in second. On November 29, PIMCO Dynamic Income Fund (NYSE:PDI) declared a monthly dividend of $0.2205 per share, in line with the previous.

Horizon Asset Management holds 115,062 shares in PIMCO Dynamic Income Fund (NYSE:PDI) worth over $3.06 million, representing 0.07% of their portfolio. The hedge fund has trimmed its stake in PIMCO Dynamic Income Fund (NYSE:PDI) by 1% in the third quarter of 2021. At the end of the third quarter of 2021, 1 hedge fund in the database of Insider Monkey held stakes worth $3.06 million in PIMCO Dynamic Income Fund (NYSE:PDI), down from 2 the preceding quarter worth $3.70 million.