PIMCO High Income Fund (PHK) to Issue Monthly Dividend of $0.05 on December 1st

PIMCO High Income Fund (NYSE:PHK) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.0480 per share by the investment management company on Tuesday, December 1st. This represents a $0.58 annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Friday, November 13th.

PIMCO High Income Fund Price Performance

Shares of NYSE PHK opened at $4.16 on Wednesday. The stock’s 50-day simple moving average is $4.19 and its 200-day simple moving average is $4.56. PIMCO High Income Fund has a fifty-two week low of $4.01 and a fifty-two week high of $5.00.

About PIMCO High Income Fund

PIMCO High Income Fund is a closed-end investment fund managed by Pacific Investment Management Company (PIMCO). Launched in 2003, the fund seeks to provide high current income, with capital appreciation as a secondary objective. The fund invests in a diversified portfolio of income-producing securities, with an emphasis on below-investment-grade corporate debt. Its holdings may also include other fixed-income securities, including debt from emerging markets and mortgage-related investments. PIMCO’s portfolio management team oversees the fund’s investments, which may span U.S. and international markets.