PIMCO Income Strategy Fund (PFL) to Issue Monthly Dividend of $0.08 on February 2nd

PIMCO Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 13th will be given a dividend of 0.0814 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Tuesday, January 13th.

PIMCO Income Strategy Fund Stock Up 0.2%

Shares of PFL opened at $8.46 on Friday. The stock has a 50 day moving average of $8.41 and a 200 day moving average of $8.43. PIMCO Income Strategy Fund has a 12 month low of $7.11 and a 12 month high of $8.70.

Institutional Trading of PIMCO Income Strategy Fund

A number of large investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in PIMCO Income Strategy Fund by 63.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 34,151 shares of the investment management company’s stock valued at $285,000 after acquiring an additional 13,279 shares during the period. Raymond James Financial Inc. increased its stake in shares of PIMCO Income Strategy Fund by 31.0% in the third quarter. Raymond James Financial Inc. now owns 56,026 shares of the investment management company’s stock worth $477,000 after purchasing an additional 13,271 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of PIMCO Income Strategy Fund by 42.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 334,062 shares of the investment management company’s stock valued at $2,808,000 after buying an additional 99,096 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in PIMCO Income Strategy Fund by 9.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 16,552 shares of the investment management company’s stock worth $141,000 after buying an additional 1,410 shares during the period. Finally, Ameriflex Group Inc. grew its stake in PIMCO Income Strategy Fund by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 17,878 shares of the investment management company’s stock valued at $152,000 after buying an additional 8,939 shares in the last quarter.

About PIMCO Income Strategy Fund

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund employs a flexible, multi-sector approach to building a diversified portfolio of global fixed-income securities and may use leverage to enhance income potential. Managed by Pacific Investment Management Company LLC (PIMCO), the fund leverages the firm’s extensive credit research and risk management capabilities.

The fund’s investment strategy spans corporate debt, asset-backed and mortgage-backed securities, government and agency obligations, and emerging markets debt.