PIMCO High Income Fund (PHK) to Issue Monthly Dividend of $0.05 on February 2nd

PIMCO High Income Fund (NYSE:PHK) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 13th will be paid a dividend of 0.048 per share by the investment management company on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date is Tuesday, January 13th.

PIMCO High Income Fund Trading Up 0.1%

PIMCO High Income Fund stock opened at $4.93 on Friday. PIMCO High Income Fund has a 1 year low of $4.18 and a 1 year high of $5.04. The firm’s 50 day moving average price is $4.86 and its 200-day moving average price is $4.88.

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.