PIMCO Dynamic Income Strategy Fund (PDX) to Distribute Monthly Dividend of $0.13 on August 3rd

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Monday, July 13th will be paid a dividend of 0.1334 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Monday, July 13th.

PIMCO Dynamic Income Strategy Fund Trading Down 0.2%

NYSE:PDX opened at $20.92 on Friday. PIMCO Dynamic Income Strategy Fund has a 1 year low of $18.47 and a 1 year high of $25.29. The stock has a fifty day moving average price of $21.16 and a two-hundred day moving average price of $20.69.

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.