PIMCO Income Strategy Fund II (PFN) to Issue Monthly Dividend of $0.07 on February 2nd

by · The Cerbat Gem

PIMCO Income Strategy Fund II (NYSE:PFN – Get Free Report) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 13th will be given a dividend of 0.0718 per share by the financial services provider on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Tuesday, January 13th.

PIMCO Income Strategy Fund II Stock Performance

NYSE:PFN opened at $7.49 on Friday. The business has a 50 day moving average of $7.44 and a 200 day moving average of $7.49. PIMCO Income Strategy Fund II has a 1-year low of $6.26 and a 1-year high of $7.67.

PIMCO Income Strategy Fund II Company Profile

(Get Free Report)

PIMCO Income Strategy Fund II (NYSE: PFN) is a closed-end management investment company that seeks to provide high current income by investing principally in a diversified portfolio of credit instruments. The fund’s assets are allocated across a range of fixed income sectors, including corporate debt, asset- and mortgage-backed securities, emerging market debt, and other income-producing instruments, both in the U.S. and international markets.

The fund employs a flexible investment approach designed by PIMCO’s portfolio management team, incorporating the use of leverage and derivatives to enhance yield and manage duration risk.

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