PIMCO Corporate & Income Strategy Fund (NYSE:PCN – Get Free Report) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.1125 per share by the investment management company on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date is Thursday, August 13th.
PIMCO Corporate & Income Strategy Fund Trading Up 0.4%
Shares of PIMCO Corporate & Income Strategy Fund stock opened at $11.69 on Tuesday. PIMCO Corporate & Income Strategy Fund has a twelve month low of $11.40 and a twelve month high of $13.49. The company has a 50-day simple moving average of $11.75 and a two-hundred day simple moving average of $12.08.
Institutional Investors Weigh In On PIMCO Corporate & Income Strategy Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vermillion & White Wealth Management Group LLC bought a new stake in shares of PIMCO Corporate & Income Strategy Fund in the fourth quarter valued at approximately $26,000. Parallel Advisors LLC bought a new position in PIMCO Corporate & Income Strategy Fund during the 3rd quarter worth $27,000. Wilmington Savings Fund Society FSB increased its stake in PIMCO Corporate & Income Strategy Fund by 91.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 4,192 shares of the investment management company’s stock worth $53,000 after acquiring an additional 2,000 shares during the period. Flagship Harbor Advisors LLC bought a new position in PIMCO Corporate & Income Strategy Fund during the 4th quarter worth $56,000. Finally, Sunbelt Securities Inc. acquired a new position in PIMCO Corporate & Income Strategy Fund in the 1st quarter valued at $69,000.
PIMCO Corporate & Income Strategy Fund Company Profile
PIMCO Corporate & Income Strategy Fund (NYSE: PCN) is a diversified, closed-end management investment company that seeks to maximize current income while preserving capital and, secondarily, achieving long-term growth of capital. Listed on the New York Stock Exchange, the fund provides investors with actively managed exposure to global fixed-income markets through a pooled vehicle structure that can trade at premiums or discounts to net asset value.
The fund pursues its income objective by investing primarily in U.S.
Recommended Stories
- Five stocks we like better than PIMCO Corporate & Income Strategy Fund
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for PIMCO Corporate & Income Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Corporate & Income Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.
