PIMCO Income Strategy Fund (PFL) to Issue Monthly Dividend of $0.08 on May 1st

PIMCO Income Strategy Fund (NYSE:PFL) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, April 11th will be given a dividend of 0.0814 per share by the investment management company on Thursday, May 1st. This represents a $0.98 annualized dividend and a dividend yield of 12.27%. The ex-dividend date of this dividend is Friday, April 11th.

PIMCO Income Strategy Fund Price Performance

Shares of NYSE:PFL opened at $7.96 on Friday. The business’s 50 day moving average is $8.50 and its 200 day moving average is $8.49. PIMCO Income Strategy Fund has a 52-week low of $7.82 and a 52-week high of $8.81.

PIMCO Income Strategy Fund Company Profile

PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund invests in a diversified portfolio of floating rate debt instruments with an average duration of around three years.