PIMCO Access Income Fund (NYSE:PAXS) to Issue $0.15 Monthly Dividend

PIMCO Access Income Fund (NYSE:PAXS) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be given a dividend of 0.1494 per share on Thursday, May 1st. This represents a $1.79 annualized dividend and a dividend yield of 11.29%. The ex-dividend date is Friday, April 11th.

PIMCO Access Income Fund Trading Down 1.5 %

PIMCO Access Income Fund stock traded down $0.24 during trading hours on Thursday, reaching $15.88. 290,448 shares of the stock were exchanged, compared to its average volume of 198,942. The stock has a 50 day moving average of $16.07 and a two-hundred day moving average of $16.11. PIMCO Access Income Fund has a twelve month low of $14.55 and a twelve month high of $17.24.

About PIMCO Access Income Fund

PIMCO Access Income Fund is close-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in fixed income markets of global region. The fund primarily invests in corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds, floating-rate income-producing securities with varying maturities.