PIMCO Income Strategy Fund II (NYSE:PFN – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.0718 per share by the financial services provider on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.5%. The ex-dividend date is Friday, September 11th.
PIMCO Income Strategy Fund II Price Performance
NYSE PFN opened at $6.88 on Wednesday. The stock’s fifty day moving average is $7.06 and its two-hundred day moving average is $7.01. PIMCO Income Strategy Fund II has a fifty-two week low of $6.53 and a fifty-two week high of $7.67.
About PIMCO Income Strategy Fund II
PIMCO Income Strategy Fund II (NYSE: PFN) is a closed-end management investment company that seeks to provide high current income by investing principally in a diversified portfolio of credit instruments. The fund’s assets are allocated across a range of fixed income sectors, including corporate debt, asset- and mortgage-backed securities, emerging market debt, and other income-producing instruments, both in the U.S. and international markets.
The fund employs a flexible investment approach designed by PIMCO’s portfolio management team, incorporating the use of leverage and derivatives to enhance yield and manage duration risk.
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