PIMCO Income Strategy Fund (PFL) to Issue Monthly Dividend of $0.08 on September 3rd

PIMCO Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Monday, August 12th will be given a dividend of 0.0814 per share by the investment management company on Tuesday, September 3rd. This represents a $0.98 dividend on an annualized basis and a yield of 11.67%. The ex-dividend date of this dividend is Monday, August 12th.

PIMCO Income Strategy Fund has decreased its dividend payment by an average of 3.3% per year over the last three years.

PIMCO Income Strategy Fund Stock Up 0.2 %

NYSE:PFL traded up $0.02 during mid-day trading on Friday, reaching $8.37. The stock had a trading volume of 230,720 shares, compared to its average volume of 111,722. PIMCO Income Strategy Fund has a 1-year low of $6.98 and a 1-year high of $8.62. The stock’s 50 day simple moving average is $8.22 and its two-hundred day simple moving average is $8.34.

PIMCO Income Strategy Fund Company Profile

PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.