PIMCO Income Strategy Fund II (NYSE:PFN) Shareholders Set to Receive $0.07 Monthly Dividend

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be paid a dividend of $0.0718 per share by the financial services provider on Tuesday, December 1st. This represents a $0.86 annualized dividend and a yield of 13.5%. The ex-dividend date of this dividend is Friday, November 13th.

PIMCO Income Strategy Fund II Trading Up 2.3%

NYSE:PFN traded up $0.14 during mid-day trading on Tuesday, hitting $6.37. The company had a trading volume of 532,639 shares, compared to its average volume of 498,548. The business has a fifty day simple moving average of $6.45 and a 200-day simple moving average of $6.92. PIMCO Income Strategy Fund II has a 1 year low of $6.04 and a 1 year high of $7.59.

PIMCO Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II (NYSE: PFN) is a closed-end investment fund managed by Pacific Investment Management Company LLC (PIMCO). The fund’s primary investment objective is to seek high current income, with capital appreciation as a secondary objective.

The fund invests in a diversified portfolio of income-producing fixed-income securities. Its holdings may include corporate bonds, government and sovereign debt, mortgage-related securities, asset-backed securities, floating-rate loans and other credit instruments.