PIMCO Global StocksPLUS & Income Fund (PGP) to Issue Monthly Dividend of $0.07 on April 1st

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of 0.069 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Thursday, March 12th.

PIMCO Global StocksPLUS & Income Fund Price Performance

NYSE PGP traded down $0.07 on Wednesday, reaching $9.04. The company’s stock had a trading volume of 13,411 shares, compared to its average volume of 48,717. PIMCO Global StocksPLUS & Income Fund has a twelve month low of $6.56 and a twelve month high of $9.41. The firm’s 50 day moving average is $9.19 and its two-hundred day moving average is $8.81.

Institutional Trading of PIMCO Global StocksPLUS & Income Fund

A number of large investors have recently added to or reduced their stakes in PGP. Cetera Investment Advisers grew its position in PIMCO Global StocksPLUS & Income Fund by 7.3% in the second quarter. Cetera Investment Advisers now owns 19,503 shares of the company’s stock worth $162,000 after buying an additional 1,325 shares during the last quarter. Institute for Wealth Management LLC. boosted its stake in shares of PIMCO Global StocksPLUS & Income Fund by 26.7% during the 3rd quarter. Institute for Wealth Management LLC. now owns 41,460 shares of the company’s stock worth $354,000 after acquiring an additional 8,741 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 23.0% in the 3rd quarter. CoreCap Advisors LLC now owns 9,100 shares of the company’s stock worth $78,000 after acquiring an additional 1,700 shares during the last quarter. Shaker Financial Services LLC grew its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 85.5% in the 3rd quarter. Shaker Financial Services LLC now owns 62,625 shares of the company’s stock worth $540,000 after acquiring an additional 28,873 shares during the last quarter. Finally, MAS Advisors LLC raised its position in shares of PIMCO Global StocksPLUS & Income Fund by 12.1% during the third quarter. MAS Advisors LLC now owns 47,967 shares of the company’s stock worth $410,000 after purchasing an additional 5,186 shares during the period.

About PIMCO Global StocksPLUS & Income Fund

The PIMCO Global StocksPLUS & Income Fund (NYSE: PGP) is a diversified, closed-end management investment company that seeks to deliver a high level of current income plus capital appreciation. The fund invests primarily in a global mix of common stocks, convertible securities, fixed-income instruments, currencies and derivative instruments, providing investors with broad exposure to both equity and credit markets around the world.

To achieve its objectives, PGP combines traditional security selection with an overlay strategy that employs equity futures and currency forwards.