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

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0814 per share by the investment management company on Monday, February 3rd. This represents a $0.98 dividend on an annualized basis and a dividend yield of 11.52%. The ex-dividend date of this dividend is Monday, January 13th.

PIMCO Income Strategy Fund has decreased its dividend payment by an average of 3.3% annually over the last three years.

PIMCO Income Strategy Fund Trading Up 0.1 %

NYSE:PFL traded up $0.01 during mid-day trading on Friday, reaching $8.48. The stock had a trading volume of 151,647 shares, compared to its average volume of 212,523. The business’s 50 day moving average is $8.44 and its 200 day moving average is $8.38. PIMCO Income Strategy Fund has a fifty-two week low of $7.95 and a fifty-two week high of $8.81.

PIMCO Income Strategy Fund Company Profile

PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.