PIMCO Income Strategy Fund II to Issue Monthly Dividend of $0.07 (NYSE:PFN)

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, August 3rd. Investors of record on Thursday, August 13th will be given a dividend of 0.0718 per share by the financial services provider on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date is Thursday, August 13th.

PIMCO Income Strategy Fund II Stock Down 0.2%

Shares of PIMCO Income Strategy Fund II stock opened at $7.07 on Tuesday. The business has a fifty day simple moving average of $6.99 and a two-hundred day simple moving average of $7.07. PIMCO Income Strategy Fund II has a 1 year low of $6.53 and a 1 year high of $7.67.

PIMCO Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II (NYSE: PFN) is a closed-end management investment company that seeks to provide high current income by investing principally in a diversified portfolio of credit instruments. The fund’s assets are allocated across a range of fixed income sectors, including corporate debt, asset- and mortgage-backed securities, emerging market debt, and other income-producing instruments, both in the U.S. and international markets.

The fund employs a flexible investment approach designed by PIMCO’s portfolio management team, incorporating the use of leverage and derivatives to enhance yield and manage duration risk.