Pcm Fund to Issue Monthly Dividend of $0.06 (NYSE:PCM)

Pcm Fund (NYSE:PCM) declared a monthly dividend on Friday, May 1st. Investors of record on Monday, May 11th will be given a dividend of 0.0642 per share by the investment management company on Monday, June 1st. This represents a c) annualized dividend and a yield of 13.0%. The ex-dividend date is Monday, May 11th.

Pcm Fund Price Performance

Pcm Fund stock opened at $5.94 on Friday. The company’s 50 day simple moving average is $5.79 and its 200 day simple moving average is $6.02. Pcm Fund has a fifty-two week low of $5.52 and a fifty-two week high of $6.76.

Pcm Fund Company Profile

PCM Fund, Inc (NYSE: PCM) is a diversified, closed-end management investment company incorporated in the United States. Since its inception in 1989, the Fund has sought to deliver a high level of current income and pursue capital preservation. Shares of PCM Fund trade on the New York Stock Exchange, offering investors access to a professionally managed portfolio of fixed income securities through a single, publicly traded vehicle.

The Fund’s investment strategy focuses on mortgage-related securities, with a core allocation to agency mortgage-backed securities (MBS) issued or guaranteed by U.S.