PIMCO High Income Fund (NYSE:PHK – Get Free Report) declared a monthly dividend on Monday, June 1st. Stockholders of record on Thursday, June 11th will be given a dividend of 0.048 per share by the investment management company on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 12.8%. The ex-dividend date of this dividend is Thursday, June 11th.
PIMCO High Income Fund Price Performance
Shares of NYSE PHK opened at $4.52 on Tuesday. The business’s 50 day moving average price is $4.61 and its two-hundred day moving average price is $4.77. PIMCO High Income Fund has a twelve month low of $4.41 and a twelve month high of $5.04.
About PIMCO High Income Fund
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.
Further Reading
- Five stocks we like better than PIMCO High Income Fund
- Campbell’s Soup Stock: Deep Value and a 7% Dividend Yield
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
Receive News & Ratings for PIMCO High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
