Centaurus Financial Inc. Boosts Stake in PIMCO Income Strategy Fund II $PFN

Centaurus Financial Inc. increased its position in PIMCO Income Strategy Fund II (NYSE:PFN) by 235.0% in the second quarter, HoldingsChannel reports. The firm owned 356,600 shares of the financial services provider’s stock after purchasing an additional 250,137 shares during the quarter. Centaurus Financial Inc.’s holdings in PIMCO Income Strategy Fund II were worth $2,635,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in PFN. US Bancorp DE raised its holdings in PIMCO Income Strategy Fund II by 834.9% in the first quarter. US Bancorp DE now owns 18,698 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 16,698 shares in the last quarter. Invesco Ltd. grew its position in shares of PIMCO Income Strategy Fund II by 0.6% in the 1st quarter. Invesco Ltd. now owns 643,259 shares of the financial services provider’s stock worth $4,850,000 after buying an additional 3,552 shares during the period. CreativeOne Wealth LLC purchased a new stake in shares of PIMCO Income Strategy Fund II in the 1st quarter worth about $114,000. Guggenheim Capital LLC increased its stake in shares of PIMCO Income Strategy Fund II by 4.2% in the 1st quarter. Guggenheim Capital LLC now owns 1,785,900 shares of the financial services provider’s stock worth $13,466,000 after acquiring an additional 72,232 shares in the last quarter. Finally, Arete Wealth Advisors LLC purchased a new position in PIMCO Income Strategy Fund II during the 1st quarter valued at about $76,000.

PIMCO Income Strategy Fund II Price Performance

NYSE:PFN opened at $7.33 on Monday. PIMCO Income Strategy Fund II has a one year low of $6.26 and a one year high of $7.67. The company’s 50-day simple moving average is $7.47 and its 200 day simple moving average is $7.47.

PIMCO Income Strategy Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be given a $0.0718 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date of this dividend is Thursday, December 11th.

PIMCO Income Strategy Fund II Profile

PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.