PIMCO Strategic Income Fund, Inc. (NYSE:RCS – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of 0.04 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Friday, September 11th.
PIMCO Strategic Income Fund Stock Performance
Shares of NYSE:RCS opened at $5.26 on Wednesday. PIMCO Strategic Income Fund has a 1-year low of $5.09 and a 1-year high of $8.00. The business has a fifty day moving average price of $5.29 and a 200-day moving average price of $5.42.
About PIMCO Strategic Income Fund
PIMCO Strategic Income Fund (NYSE: RCS) is a closed-end management investment company that seeks to deliver current income and capital appreciation by investing in a diversified portfolio of fixed income instruments. The fund is managed by Pacific Investment Management Company LLC (PIMCO), one of the world’s leading fixed income investment managers, and leverages PIMCO’s global research and risk-management platform to allocate across various credit sectors and interest rate environments.
The fund’s investment strategy is multi-sector and flexible, allowing the portfolio management team to adjust exposures among government securities, corporate bonds, asset-backed and mortgage-backed securities, high-yield debt, and emerging market instruments.
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