PIMCO Income Strategy Fund to Issue Monthly Dividend of $0.08 (NYSE:PFL)

by · The Markets Daily

PIMCO Income Strategy Fund (NYSE:PFL – Get Free Report) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.0814 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Tuesday, January 13th.

PIMCO Income Strategy Fund Stock Up 0.2%

PIMCO Income Strategy Fund stock opened at $8.46 on Friday. PIMCO Income Strategy Fund has a 12-month low of $7.11 and a 12-month high of $8.70. The firm’s 50-day moving average is $8.41 and its two-hundred day moving average is $8.43.

PIMCO Income Strategy Fund Company Profile

(Get Free Report)

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund employs a flexible, multi-sector approach to building a diversified portfolio of global fixed-income securities and may use leverage to enhance income potential. Managed by Pacific Investment Management Company LLC (PIMCO), the fund leverages the firm’s extensive credit research and risk management capabilities.

The fund’s investment strategy spans corporate debt, asset-backed and mortgage-backed securities, government and agency obligations, and emerging markets debt.

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