Pcm Fund (PCM) To Go Ex-Dividend on September 11th

Pcm Fund (NYSE:PCM) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.0642 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 14.4%. The ex-dividend date of this dividend is Friday, September 11th.

Pcm Fund Stock Up 0.3%

Shares of NYSE:PCM opened at $5.33 on Thursday. The business has a fifty day simple moving average of $5.60 and a 200-day simple moving average of $5.70. Pcm Fund has a 52 week low of $5.22 and a 52 week high of $6.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PCM. StoneX Group Inc. purchased a new stake in shares of Pcm Fund during the 4th quarter valued at $68,000. Everett Harris & Co. CA purchased a new stake in Pcm Fund during the 4th quarter worth $80,000. Integrity Advisory Solutions LLC acquired a new position in shares of Pcm Fund in the fourth quarter worth about $83,000. Scotia Capital Inc. acquired a new position in shares of Pcm Fund in the 3rd quarter valued at approximately $92,000. Finally, Kestra Advisory Services LLC grew its stake in Pcm Fund by 65.2% in the fourth quarter. Kestra Advisory Services LLC now owns 34,637 shares of the investment management company’s stock worth $213,000 after purchasing an additional 13,667 shares in the last quarter. Institutional investors and hedge funds own 10.26% of the company’s stock.

About Pcm Fund

PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.

The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.