PIMCO Dynamic Income Strategy Fund Announces Monthly Dividend of $0.13 (NYSE:PDX)

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Monday, July 13th will be given a dividend of 0.1334 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Monday, July 13th.

PIMCO Dynamic Income Strategy Fund Price Performance

PDX opened at $20.98 on Thursday. The company’s 50 day moving average is $21.16 and its 200 day moving average is $20.69. PIMCO Dynamic Income Strategy Fund has a 12-month low of $18.47 and a 12-month high of $25.29.

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) is a diversified, closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). Launched in 2011, the fund seeks to deliver high current income and capital appreciation by investing in a broad range of fixed income securities. As a closed-end vehicle, PDX trades on the NYSE and employs leverage to enhance its income potential, while adhering to its investment objective under varying market conditions.

The fund’s strategy centers on a flexible allocation among global debt markets, encompassing investment-grade and high-yield corporate bonds, U.S.