Pimco Income Strategy Fund Plans Monthly Dividend of $0.09 (NYSE:PFL)
Pimco Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Wednesday, July 5th, Wall Street Journal reports. Investors of record on Friday, July 14th will be given a dividend of 0.09 per share by the investment management company on Tuesday, August 1st. This represents a $1.08 dividend on an annualized basis and a yield of 9.10%. The ex-dividend date is Wednesday, July 12th.
Pimco Income Strategy Fund has decreased its dividend by an average of 10.9% per year over the last three years.
Pimco Income Strategy Fund (PFL) traded down 0.42% on Wednesday, reaching $11.87. The company had a trading volume of 72,440 shares. The company’s 50 day moving average price is $11.75 and its 200-day moving average price is $11.16. Pimco Income Strategy Fund has a 12 month low of $9.76 and a 12 month high of $11.98.
Pimco Income Strategy Fund Company Profile
PIMCO Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund invests in a diversified portfolio of floating and/or fixed-rate debt instruments.
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