PIMCO Access Income Fund Announces Monthly Dividend of $0.15 (NYSE:PAXS)

PIMCO Access Income Fund (NYSE:PAXS) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be paid a dividend of 0.1494 per share on Thursday, May 1st. This represents a $1.79 annualized dividend and a dividend yield of 11.29%. The ex-dividend date is Friday, April 11th.

PIMCO Access Income Fund Stock Performance

PIMCO Access Income Fund stock traded down $0.24 during mid-day trading on Thursday, hitting $15.88. 290,448 shares of the company’s stock were exchanged, compared to its average volume of 198,942. PIMCO Access Income Fund has a fifty-two week low of $14.55 and a fifty-two week high of $17.24. The company’s 50 day simple moving average is $16.07 and its 200-day simple moving average is $16.11.

About PIMCO Access Income Fund

PIMCO Access Income Fund is close-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in fixed income markets of global region. The fund primarily invests in corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds, floating-rate income-producing securities with varying maturities.