PIMCO Income Strategy Fund (PFL) To Go Ex-Dividend on December 11th

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Monday, December 1st. Shareholders of record on Thursday, December 11th will be given a dividend of 0.0814 per share by the investment management company on Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 11.5%. The ex-dividend date is Thursday, December 11th.

PIMCO Income Strategy Fund Stock Performance

Shares of NYSE PFL opened at $8.47 on Wednesday. The company’s 50 day moving average price is $8.43 and its 200-day moving average price is $8.40. PIMCO Income Strategy Fund has a 52-week low of $7.11 and a 52-week high of $8.70.

Institutional Investors Weigh In On PIMCO Income Strategy Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP bought a new stake in PIMCO Income Strategy Fund in the second quarter worth approximately $34,000. National Bank of Canada FI grew its position in shares of PIMCO Income Strategy Fund by 114.6% during the 1st quarter. National Bank of Canada FI now owns 5,878 shares of the investment management company’s stock worth $50,000 after buying an additional 3,139 shares during the period. CoreCap Advisors LLC increased its stake in shares of PIMCO Income Strategy Fund by 19.1% in the 3rd quarter. CoreCap Advisors LLC now owns 10,605 shares of the investment management company’s stock valued at $90,000 after acquiring an additional 1,700 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of PIMCO Income Strategy Fund in the 1st quarter valued at $94,000. Finally, Hohimer Wealth Management LLC acquired a new position in shares of PIMCO Income Strategy Fund during the 3rd quarter valued at $101,000.

About PIMCO Income Strategy Fund

PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.