PIMCO High Income Fund Announces Monthly Dividend of $0.05 (NYSE:PHK)

PIMCO High Income Fund (NYSE:PHK) declared a monthly dividend on Monday, February 2nd. Investors of record on Thursday, February 12th will be given a dividend of 0.048 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date of this dividend is Thursday, February 12th.

PIMCO High Income Fund Price Performance

NYSE:PHK traded down $0.01 during mid-day trading on Tuesday, reaching $4.97. The stock had a trading volume of 211,480 shares, compared to its average volume of 781,554. PIMCO High Income Fund has a twelve month low of $4.18 and a twelve month high of $5.04. The business has a 50 day simple moving average of $4.89 and a 200 day simple moving average of $4.89.

About PIMCO High Income Fund

The PIMCO High Income Fund (NYSE: PHK) is a closed-end management investment company that seeks to deliver high current income with a secondary focus on capital appreciation. The fund principally invests in a diversified portfolio of fixed-income securities, including corporate high-yield bonds, emerging market debt, securitized products and leveraged loans. PHK may also employ derivatives to enhance income and manage portfolio duration.

PHK’s investment team pursues a benchmark-agnostic approach, allocating capital across credit sectors and global regions based on bottom-up credit analysis and macroeconomic outlooks.