Susquehanna International Group LLP Boosts Stock Position in PIMCO Income Strategy Fund II $PFN

Susquehanna International Group LLP raised its holdings in PIMCO Income Strategy Fund II (NYSE:PFN) by 760.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 223,785 shares of the financial services provider’s stock after purchasing an additional 197,789 shares during the quarter. Susquehanna International Group LLP’s holdings in PIMCO Income Strategy Fund II were worth $1,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in PFN. IMC Chicago LLC bought a new stake in shares of PIMCO Income Strategy Fund II during the 2nd quarter worth $604,000. Centaurus Financial Inc. bought a new position in PIMCO Income Strategy Fund II during the second quarter valued at about $584,000. Bank of America Corp DE purchased a new stake in PIMCO Income Strategy Fund II during the second quarter worth about $2,238,000. Sanctuary Advisors LLC bought a new position in shares of PIMCO Income Strategy Fund II during the 2nd quarter valued at approximately $350,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in shares of PIMCO Income Strategy Fund II during the 2nd quarter worth approximately $536,000.

PIMCO Income Strategy Fund II Price Performance

NYSE:PFN opened at $6.99 on Monday. PIMCO Income Strategy Fund II has a 12 month low of $6.53 and a 12 month high of $7.67. The firm’s 50 day moving average is $7.05 and its 200 day moving average is $7.02.

PIMCO Income Strategy Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Thursday, August 13th will be paid a $0.0718 dividend. The ex-dividend date is Thursday, August 13th. This represents a c) annualized dividend and a dividend yield of 12.3%.

PIMCO Income Strategy Fund II Profile

PIMCO Income Strategy Fund II (NYSE: PFN) is a closed-end management investment company that seeks to provide high current income by investing principally in a diversified portfolio of credit instruments. The fund’s assets are allocated across a range of fixed income sectors, including corporate debt, asset- and mortgage-backed securities, emerging market debt, and other income-producing instruments, both in the U.S. and international markets.

The fund employs a flexible investment approach designed by PIMCO’s portfolio management team, incorporating the use of leverage and derivatives to enhance yield and manage duration risk.