PIMCO High Income Fund (PHK) to Issue Monthly Dividend of $0.05 on July 1st

PIMCO High Income Fund (NYSE:PHK) announced a monthly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.048 per share by the investment management company on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 12.6%. The ex-dividend date is Thursday, June 11th.

PIMCO High Income Fund Price Performance

Shares of NYSE:PHK opened at $4.56 on Wednesday. PIMCO High Income Fund has a 1-year low of $4.41 and a 1-year high of $5.04. The business’s 50 day moving average is $4.60 and its 200-day moving average is $4.78.

PIMCO High Income Fund Company Profile

The PIMCO High Income Fund (NYSE: PHK) is a closed-end management investment company that seeks to deliver high current income with a secondary focus on capital appreciation. The fund principally invests in a diversified portfolio of fixed-income securities, including corporate high-yield bonds, emerging market debt, securitized products and leveraged loans. PHK may also employ derivatives to enhance income and manage portfolio duration.

PHK’s investment team pursues a benchmark-agnostic approach, allocating capital across credit sectors and global regions based on bottom-up credit analysis and macroeconomic outlooks.