PIMCO Income Strategy Fund (NYSE:PFL) Shareholders to Receive $0.08 Monthly Dividend

PIMCO Income Strategy Fund (NYSE:PFL – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Tuesday, October 13th will be given a dividend of $0.0814 per share by the investment management company on Monday, November 2nd. This represents a $0.98 annualized dividend and a yield of 14.1%. The ex-dividend date of this dividend is Tuesday, October 13th.

PIMCO Income Strategy Fund Price Performance

Shares of NYSE PFL opened at $6.91 on Friday. PIMCO Income Strategy Fund has a twelve month low of $6.74 and a twelve month high of $8.70. The company’s fifty day moving average is $7.47 and its 200-day moving average is $7.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Centaurus Financial Inc. acquired a new position in PIMCO Income Strategy Fund during the 2nd quarter worth approximately $2,025,000. Sanctuary Advisors LLC acquired a new position in shares of PIMCO Income Strategy Fund during the 2nd quarter worth about $342,000. Northwestern Mutual Wealth Management Co. bought a new stake in PIMCO Income Strategy Fund in the second quarter valued at approximately $141,000. Allworth Financial LP acquired a new stake in PIMCO Income Strategy Fund during the 2nd quarter valued at $32,000. Finally, IMC Chicago LLC acquired a new stake in shares of PIMCO Income Strategy Fund during the 2nd quarter worth about $252,000.

About PIMCO Income Strategy Fund

(Get Free Report)

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

PFL invests primarily in a diversified portfolio of income-producing securities. Its holdings may include corporate bonds, government and agency debt, mortgage-related securities, emerging-market debt and other fixed-income instruments issued by borrowers in the United States and international markets.

Further Reading

Dividend History for PIMCO Income Strategy Fund (NYSE:PFL)

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