On April 23, 2015, Ironsides Partners LLC issued an open letter to shareholders of PIMCO Dynamic Credit Income Fund from Robert Knapp, chief investment officer. In the letter, Ironsides Partners commented that PIMCO, the manager of the Company, has permitted the Company to trade at a discount to net asset value, or NAV, nearly from inception. In addition, Ironsides Partners commented on the results of the Company.

Further, Ironsides Partners urged shareholders of the Company to vote for its nominees on the gold proxy card.