PIMCO Dynamic Income Strategy Fund (PDX) to Issue Monthly Dividend of $0.13 on April 1st

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of 0.1334 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date is Thursday, March 12th.

PIMCO Dynamic Income Strategy Fund Stock Down 0.3%

Shares of PDX traded down $0.07 during midday trading on Wednesday, reaching $20.48. The company had a trading volume of 12,027 shares, compared to its average volume of 189,814. PIMCO Dynamic Income Strategy Fund has a 1-year low of $18.47 and a 1-year high of $25.29. The firm has a 50 day simple moving average of $19.91 and a 200-day simple moving average of $21.90.

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) is a diversified, closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). Launched in 2011, the fund seeks to deliver high current income and capital appreciation by investing in a broad range of fixed income securities. As a closed-end vehicle, PDX trades on the NYSE and employs leverage to enhance its income potential, while adhering to its investment objective under varying market conditions.

The fund’s strategy centers on a flexible allocation among global debt markets, encompassing investment-grade and high-yield corporate bonds, U.S.