PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Declares $0.13 Monthly Dividend

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.1334 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Thursday, February 12th.

PIMCO Dynamic Income Strategy Fund Stock Performance

Shares of PIMCO Dynamic Income Strategy Fund stock opened at $19.88 on Tuesday. The business has a fifty day simple moving average of $20.42 and a 200-day simple moving average of $22.54. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $18.47 and a fifty-two week high of $26.70.

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) is a diversified, closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). Launched in 2011, the fund seeks to deliver high current income and capital appreciation by investing in a broad range of fixed income securities. As a closed-end vehicle, PDX trades on the NYSE and employs leverage to enhance its income potential, while adhering to its investment objective under varying market conditions.

The fund’s strategy centers on a flexible allocation among global debt markets, encompassing investment-grade and high-yield corporate bonds, U.S.