Pimco Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Monday, May 13th will be given a dividend of 0.09 per share by the investment management company on Monday, June 3rd. This represents a $1.08 dividend on an annualized basis and a yield of 9.22%. The ex-dividend date of this dividend is Friday, May 10th.
Pimco Income Strategy Fund has decreased its dividend payment by an average of 4.0% annually over the last three years.
Pimco Income Strategy Fund stock opened at $11.71 on Friday. Pimco Income Strategy Fund has a 52 week low of $10.11 and a 52 week high of $12.54.
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PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.
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