Pcm Fund (PCM) To Go Ex-Dividend on February 12th

Pcm Fund (NYSE:PCM) announced a monthly dividend on Monday, February 2nd. Investors of record on Thursday, February 12th will be given a dividend of 0.0642 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 12.6%. The ex-dividend date is Thursday, February 12th.

Pcm Fund Stock Performance

NYSE:PCM opened at $6.12 on Tuesday. Pcm Fund has a 12-month low of $5.88 and a 12-month high of $6.81. The company’s 50-day moving average is $6.10 and its two-hundred day moving average is $6.29.

Hedge Funds Weigh In On Pcm Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sovran Advisors LLC lifted its stake in shares of Pcm Fund by 3.9% during the third quarter. Sovran Advisors LLC now owns 88,609 shares of the investment management company’s stock worth $553,000 after purchasing an additional 3,354 shares in the last quarter. Scotia Capital Inc. purchased a new position in Pcm Fund in the 3rd quarter worth approximately $92,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in Pcm Fund in the fourth quarter valued at approximately $83,000. Institutional investors and hedge funds own 10.26% of the company’s stock.

About Pcm Fund

PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.

The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.