PIMCO Income Strategy Fund (NYSE:PFL) Declares $0.08 Monthly Dividend

PIMCO Income Strategy Fund (NYSE:PFL) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Thursday, February 12th will be given a dividend of 0.0814 per share by the investment management company on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date of this dividend is Thursday, February 12th.

PIMCO Income Strategy Fund Price Performance

NYSE PFL opened at $8.43 on Tuesday. PIMCO Income Strategy Fund has a twelve month low of $7.11 and a twelve month high of $8.70. The company’s 50-day simple moving average is $8.42 and its 200 day simple moving average is $8.44.

Institutional Trading of PIMCO Income Strategy Fund

A number of large investors have recently bought and sold shares of PFL. Allworth Financial LP acquired a new position in PIMCO Income Strategy Fund during the second quarter worth $34,000. Highline Wealth Partners LLC grew its holdings in shares of PIMCO Income Strategy Fund by 1,114.3% in the 4th quarter. Highline Wealth Partners LLC now owns 4,250 shares of the investment management company’s stock worth $36,000 after purchasing an additional 3,900 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of PIMCO Income Strategy Fund by 19.1% during the 3rd quarter. CoreCap Advisors LLC now owns 10,605 shares of the investment management company’s stock worth $90,000 after purchasing an additional 1,700 shares in the last quarter. Jane Street Group LLC bought a new position in PIMCO Income Strategy Fund during the 1st quarter valued at about $94,000. Finally, Hohimer Wealth Management LLC acquired a new position in PIMCO Income Strategy Fund in the third quarter valued at about $101,000.

About PIMCO Income Strategy Fund

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.