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

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Thursday, February 12th will be paid a dividend of 0.0814 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend is Thursday, February 12th.

PIMCO Income Strategy Fund Price Performance

Shares of NYSE:PFL traded down $0.02 during midday trading on Tuesday, reaching $8.42. The company had a trading volume of 11,932 shares, compared to its average volume of 187,740. PIMCO Income Strategy Fund has a 52-week low of $7.11 and a 52-week high of $8.70. The company’s 50 day moving average price is $8.42 and its 200 day moving average price is $8.44.

About PIMCO Income Strategy Fund

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.