PIMCO Income Strategy Fund Declares Monthly Dividend of $0.08 (NYSE:PFL)

PIMCO Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Friday, September 11th will be given a dividend of 0.0814 per share by the investment management company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date is Friday, September 11th.

PIMCO Income Strategy Fund Stock Performance

PIMCO Income Strategy Fund stock opened at $7.58 on Wednesday. The stock’s fifty day moving average price is $7.74 and its two-hundred day moving average price is $7.89. PIMCO Income Strategy Fund has a one year low of $7.52 and a one year high of $8.70.

About PIMCO Income Strategy Fund

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund employs a flexible, multi-sector approach to building a diversified portfolio of global fixed-income securities and may use leverage to enhance income potential. Managed by Pacific Investment Management Company LLC (PIMCO), the fund leverages the firm’s extensive credit research and risk management capabilities.

The fund’s investment strategy spans corporate debt, asset-backed and mortgage-backed securities, government and agency obligations, and emerging markets debt.