PIMCO Access Income Fund (NYSE:PAXS) Announces Monthly Dividend of $0.15

PIMCO Access Income Fund (NYSE:PAXS) announced a monthly dividend on Wednesday, June 4th, Wall Street Journal reports. Investors of record on Thursday, June 12th will be paid a dividend of 0.1494 per share on Tuesday, July 1st. This represents a $1.79 annualized dividend and a yield of 11.89%. The ex-dividend date is Thursday, June 12th.

PIMCO Access Income Fund Price Performance

PAXS stock opened at $15.08 on Thursday. The company’s 50 day moving average is $15.12 and its two-hundred day moving average is $15.70. PIMCO Access Income Fund has a twelve month low of $13.63 and a twelve month high of $17.24.

Institutional Investors Weigh In On PIMCO Access Income Fund

An institutional investor recently bought a new position in PIMCO Access Income Fund stock. Integrated Wealth Concepts LLC acquired a new position in shares of PIMCO Access Income Fund (NYSE:PAXS) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 20,968 shares of the company’s stock, valued at approximately $337,000.

PIMCO Access Income Fund Company Profile

PIMCO Access Income Fund is close-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in fixed income markets of global region. The fund primarily invests in corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds, floating-rate income-producing securities with varying maturities.