IFC Holdings Incorporated FL Has $294,000 Position in PIMCO HIF (NYSE:PHK)
IFC Holdings Incorporated FL increased its stake in shares of PIMCO HIF (NYSE:PHK) by 2.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 33,241 shares of the investment management company’s stock after buying an additional 905 shares during the period. IFC Holdings Incorporated FL’s holdings in PIMCO HIF were worth $294,000 at the end of the most recent reporting period.
Separately, Stratos Wealth Partners LTD. increased its position in PIMCO HIF by 352.8% in the second quarter. Stratos Wealth Partners LTD. now owns 66,418 shares of the investment management company’s stock valued at $581,000 after buying an additional 51,750 shares during the period. 4.01% of the stock is owned by institutional investors.
PIMCO HIF (NYSE PHK) opened at 8.49 on Tuesday. The company’s 50-day moving average price is $8.70 and its 200 day moving average price is $8.77. PIMCO HIF has a 52-week low of $8.26 and a 52-week high of $10.12.
The business also recently declared a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be given a dividend of $0.0807 per share. This represents a $0.97 annualized dividend and a yield of 11.41%. The ex-dividend date of this dividend is Wednesday, August 9th.
PIMCO HIF Company Profile
PIMCO High Income Fund is a closed-end management investment company. The Fund’s primary investment objective is to seek high current income, with capital appreciation as a secondary objective. The Fund will not invest more than 25% of total assets in non-United States-dollar-denominated securities. The Fund will not invest more than 40% of total assets in securities of issuers located in emerging market countries.
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