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

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.1334 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Friday, September 11th.

PIMCO Dynamic Income Strategy Fund Trading Up 0.5%

PDX opened at $21.96 on Thursday. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $18.47 and a fifty-two week high of $25.21. The company’s 50-day moving average price is $21.38 and its 200 day moving average price is $21.13.

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.