PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) Declares $0.07 Monthly Dividend

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Friday, May 1st. Shareholders of record on Monday, May 11th will be given a dividend of 0.069 per share on Monday, June 1st. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date is Monday, May 11th.

PIMCO Global StocksPLUS & Income Fund Stock Up 0.2%

NYSE PGP opened at $9.05 on Friday. PIMCO Global StocksPLUS & Income Fund has a 52 week low of $7.75 and a 52 week high of $9.41. The firm’s 50-day simple moving average is $8.80 and its two-hundred day simple moving average is $8.88.

Institutional Investors Weigh In On PIMCO Global StocksPLUS & Income Fund

Institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC lifted its holdings in PIMCO Global StocksPLUS & Income Fund by 23.0% during the third quarter. CoreCap Advisors LLC now owns 9,100 shares of the company’s stock valued at $78,000 after purchasing an additional 1,700 shares during the last quarter. 49 Wealth Management LLC purchased a new stake in PIMCO Global StocksPLUS & Income Fund during the third quarter valued at about $107,000. Fifth Third Bancorp purchased a new stake in PIMCO Global StocksPLUS & Income Fund during the first quarter valued at about $128,000. Cetera Investment Advisers lifted its holdings in PIMCO Global StocksPLUS & Income Fund by 7.3% during the second quarter. Cetera Investment Advisers now owns 19,503 shares of the company’s stock valued at $162,000 after purchasing an additional 1,325 shares during the last quarter. Finally, MAS Advisors LLC lifted its holdings in PIMCO Global StocksPLUS & Income Fund by 12.1% during the third quarter. MAS Advisors LLC now owns 47,967 shares of the company’s stock valued at $410,000 after purchasing an additional 5,186 shares during the last quarter.

About PIMCO Global StocksPLUS & Income Fund

The PIMCO Global StocksPLUS & Income Fund (NYSE: PGP) is a diversified, closed-end management investment company that seeks to deliver a high level of current income plus capital appreciation. The fund invests primarily in a global mix of common stocks, convertible securities, fixed-income instruments, currencies and derivative instruments, providing investors with broad exposure to both equity and credit markets around the world.

To achieve its objectives, PGP combines traditional security selection with an overlay strategy that employs equity futures and currency forwards.