PIMCO Income Strategy Fund II (NYSE:PFN – Get Free Report) declared a monthly dividend on Friday, May 1st. Investors of record on Monday, May 11th will be given a dividend of 0.0718 per share by the financial services provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Monday, May 11th.
PIMCO Income Strategy Fund II Trading Down 1.0%
NYSE:PFN opened at $7.10 on Friday. The stock has a fifty day moving average price of $7.00 and a 200 day moving average price of $7.28. PIMCO Income Strategy Fund II has a 12-month low of $6.53 and a 12-month high of $7.67.
PIMCO Income Strategy Fund II Company Profile
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.
Further Reading
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