PIMCO Income Strategy Fund (NYSE:PFL) Plans $0.08 Monthly Dividend

PIMCO Income Strategy Fund (NYSE:PFLGet Free Report) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.0814 per share by the investment management company on Monday, June 3rd. This represents a $0.98 dividend on an annualized basis and a yield of 11.61%. The ex-dividend date of this dividend is Friday, May 10th.

PIMCO Income Strategy Fund has decreased its dividend payment by an average of 3.3% annually over the last three years.

PIMCO Income Strategy Fund Trading Down 0.2 %

NYSE:PFL opened at $8.41 on Thursday. The firm has a fifty day simple moving average of $8.39 and a 200-day simple moving average of $8.25. PIMCO Income Strategy Fund has a 12 month low of $6.98 and a 12 month high of $8.62.

About PIMCO Income Strategy Fund

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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.

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Dividend History for PIMCO Income Strategy Fund (NYSE:PFL)

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