PIMCO Dynamic Income Strategy Fund (NYSE:PDX) to Issue Monthly Dividend of $0.13

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.1334 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Thursday, June 11th.

PIMCO Dynamic Income Strategy Fund Trading Up 0.1%

Shares of PDX opened at $21.68 on Tuesday. The business’s fifty day moving average price is $21.30 and its two-hundred day moving average price is $20.79. PIMCO Dynamic Income Strategy Fund has a 52 week low of $18.47 and a 52 week high of $25.29.

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.