PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Announces $0.13 Monthly Dividend

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Thursday, March 12th will be given a dividend of 0.1334 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, March 12th.

PIMCO Dynamic Income Strategy Fund Stock Performance

PDX stock opened at $20.52 on Wednesday. PIMCO Dynamic Income Strategy Fund has a 52-week low of $18.47 and a 52-week high of $25.29. The company’s 50 day simple moving average is $19.91 and its 200-day simple moving average is $21.90.

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.