PIMCO Income Strategy Fund (PFL) to Issue Monthly Dividend of $0.08 on June 1st

PIMCO Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Friday, May 1st. Stockholders of record on Monday, May 11th will be paid a dividend of 0.0814 per share by the investment management company on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Monday, May 11th.

PIMCO Income Strategy Fund Stock Performance

Shares of PFL traded up $0.03 during midday trading on Friday, hitting $8.06. The company had a trading volume of 266,387 shares, compared to its average volume of 204,748. The company’s 50-day simple moving average is $8.07 and its 200-day simple moving average is $8.29. PIMCO Income Strategy Fund has a 1 year low of $7.60 and a 1 year high of $8.70.

PIMCO Income Strategy Fund Company Profile

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund employs a flexible, multi-sector approach to building a diversified portfolio of global fixed-income securities and may use leverage to enhance income potential. Managed by Pacific Investment Management Company LLC (PIMCO), the fund leverages the firm’s extensive credit research and risk management capabilities.

The fund’s investment strategy spans corporate debt, asset-backed and mortgage-backed securities, government and agency obligations, and emerging markets debt.