Pimco Income Strategy Fund Declares Monthly Dividend of $0.09 (NYSE:PFL)

Pimco Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.09 per share by the investment management company on Thursday, January 2nd. This represents a $1.08 annualized dividend and a yield of 9.30%. The ex-dividend date of this dividend is Wednesday, December 11th.

Shares of NYSE PFL traded down $0.03 during mid-day trading on Wednesday, reaching $11.61. 105,765 shares of the company’s stock traded hands, compared to its average volume of 89,295. The business has a 50-day simple moving average of $11.66 and a 200 day simple moving average of $11.69. Pimco Income Strategy Fund has a 1-year low of $10.11 and a 1-year high of $12.08.

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.

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Dividend History for Pimco Income Strategy Fund (NYSE:PFL)

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