PIMCO Income Strategy Fund (PFL) To Go Ex-Dividend on March 12th

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Thursday, March 12th will be paid a dividend of 0.0814 per share by the investment management company on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date of this dividend is Thursday, March 12th.

PIMCO Income Strategy Fund Trading Down 1.8%

Shares of PFL opened at $8.16 on Tuesday. PIMCO Income Strategy Fund has a 1-year low of $7.11 and a 1-year high of $8.70. The firm has a 50-day simple moving average of $8.41 and a two-hundred day simple moving average of $8.44.

PIMCO Income Strategy Fund Company Profile

PIMCO Income Strategy Fund (NYSE: PFL) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund employs a flexible, multi-sector approach to building a diversified portfolio of global fixed-income securities and may use leverage to enhance income potential. Managed by Pacific Investment Management Company LLC (PIMCO), the fund leverages the firm’s extensive credit research and risk management capabilities.

The fund’s investment strategy spans corporate debt, asset-backed and mortgage-backed securities, government and agency obligations, and emerging markets debt.