Shares of PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest (NYSE:PCI) traded at a new 52-week high today of $23.05. Approximately 387,000 shares have changed hands today, as compared to an average 30-day volume of 604,000 shares.
PIMCO Dynamic Credit & Mortgage Income Fund is a closed-end management investment company. Its primary investment objective is to seek current income and capital appreciation as a secondary objective. It focuses on investing in non-agency mortgage-backed securities, corporate bonds & notes, short-term instruments, asset-backed securities, and others.
There is potential upside of 392.7% for shares of PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest based on a current price of $23.05 and an average consensus analyst price target of $113.58.
In the past 52 weeks, shares of PIMCO Dynamic Credit and Mortgage Income Fund of Beneficial Interest have traded between a low of $15.65 and a high of $23.05 and is now at $23.05, which is 47% above that low price.
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