PIMCO Access Income Fund Declares Monthly Dividend of $0.15 (NYSE:PAXS)

PIMCO Access Income Fund (NYSE:PAXS) announced a monthly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be given a dividend of 0.1494 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Thursday, June 11th.

PIMCO Access Income Fund Price Performance

PAXS opened at $14.34 on Tuesday. The business has a fifty day simple moving average of $14.35 and a 200-day simple moving average of $15.15. PIMCO Access Income Fund has a fifty-two week low of $13.74 and a fifty-two week high of $16.56.

Institutional Trading of PIMCO Access Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new stake in shares of PIMCO Access Income Fund in the fourth quarter worth $34,000. GHP Investment Advisors Inc. acquired a new stake in shares of PIMCO Access Income Fund in the first quarter worth $41,000. Advisory Services Network LLC acquired a new stake in shares of PIMCO Access Income Fund in the third quarter worth $61,000. Activest Wealth Management acquired a new stake in shares of PIMCO Access Income Fund in the fourth quarter worth $115,000. Finally, LifePlan Investment Advisors Inc. acquired a new stake in shares of PIMCO Access Income Fund in the third quarter worth $163,000.

About PIMCO Access Income Fund

The PIMCO Access Income Fund (NYSE:PAXS) is an actively managed, closed-end management investment company sponsored by Pacific Investment Management Company LLC (“PIMCO”). The fund seeks to provide current income, with a secondary objective of capital appreciation, by investing primarily in a diversified portfolio of global fixed income and income-related securities.

PAXS employs a broad credit strategy that spans corporate debt, structured finance instruments and emerging market debt.