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

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Monday, February 2nd. Investors of record on Thursday, February 12th will be given a dividend of 0.0814 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date is Thursday, February 12th.

PIMCO Income Strategy Fund Trading Up 0.1%

Shares of PFL stock opened at $8.44 on Wednesday. PIMCO Income Strategy Fund has a 12 month low of $7.11 and a 12 month high of $8.70. The company’s fifty day moving average price is $8.42 and its two-hundred day moving average price is $8.44.

PIMCO Income Strategy Fund Company Profile

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.