PIMCO Income Strategy Fund (NYSE:PFL) Plans Monthly Dividend of $0.08

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be given a dividend of 0.0814 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a yield of 12.9%. The ex-dividend date of this dividend is Friday, September 11th.

PIMCO Income Strategy Fund Trading Down 0.4%

Shares of NYSE PFL opened at $7.58 on Wednesday. The firm’s 50 day moving average price is $7.74 and its 200-day moving average price is $7.89. PIMCO Income Strategy Fund has a 52-week low of $7.52 and a 52-week high of $8.70.

PIMCO Income Strategy Fund Company Profile

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund employs a flexible, multi-sector approach to building a diversified portfolio of global fixed-income securities and may use leverage to enhance income potential. Managed by Pacific Investment Management Company LLC (PIMCO), the fund leverages the firm’s extensive credit research and risk management capabilities.

The fund’s investment strategy spans corporate debt, asset-backed and mortgage-backed securities, government and agency obligations, and emerging markets debt.