PIMCO Income Strategy Fund II (NYSE:PFN) Announces $0.07 Monthly Dividend

by · The Cerbat Gem

PIMCO Income Strategy Fund II (NYSE:PFN – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Monday, July 13th will be given a dividend of 0.0718 per share by the financial services provider on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date is Monday, July 13th.

PIMCO Income Strategy Fund II Price Performance

Shares of PFN stock opened at $7.13 on Thursday. PIMCO Income Strategy Fund II has a 1-year low of $6.53 and a 1-year high of $7.67. The stock has a 50-day moving average of $6.94 and a 200-day moving average of $7.13.

About PIMCO Income Strategy Fund II

(Get Free Report)

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.

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