Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be paid a dividend of 0.09 per share by the investment management company on Thursday, February 1st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date of this dividend is Thursday, January 11th.
Pimco Income Strategy Fund has decreased its dividend payment by an average of 10.9% per year over the last three years.
Shares of Pimco Income Strategy Fund (PFL) traded up $0.09 during trading on Wednesday, hitting $11.86. 86,596 shares of the company were exchanged, compared to its average volume of 91,050. Pimco Income Strategy Fund has a 1-year low of $10.52 and a 1-year high of $12.44.
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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