PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.08 per share by the financial services provider on Tuesday, January 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 9.20%. The ex-dividend date of this dividend is Friday, December 8th.
PIMCO Income Strategy Fund II has decreased its dividend by an average of 15.5% per year over the last three years.
PIMCO Income Strategy Fund II (PFN) traded down $0.01 on Monday, reaching $10.44. 220,364 shares of the company’s stock were exchanged, compared to its average volume of 210,092. PIMCO Income Strategy Fund II has a 12-month low of $9.16 and a 12-month high of $10.89.
PIMCO Income Strategy Fund II Company Profile
PIMCO Income Strategy Fund II (the Fund) is a 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 allocates assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities.
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