PIMCO Income Strategy Fund II (PFN) to Distribute Monthly Dividend of $0.07 on October 1st

PIMCO Income Strategy Fund II (NYSE:PFN) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of 0.0718 per share by the financial services provider on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, September 11th.

PIMCO Income Strategy Fund II Stock Performance

PFN stock opened at $6.88 on Thursday. The company’s 50 day moving average is $7.06 and its 200 day moving average is $7.01. PIMCO Income Strategy Fund II has a 1-year low of $6.53 and a 1-year 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.