PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Get Free Report) declared a monthly dividend on Monday, April 1st, investing.com reports. Shareholders of record on Thursday, April 11th will be paid a dividend of 0.051 per share by the investment management company on Wednesday, May 1st. This represents a $0.61 annualized dividend and a yield of 9.99%. The ex-dividend date is Wednesday, April 10th.
PIMCO Strategic Income Fund has decreased its dividend payment by an average of 2.6% per year over the last three years.
PIMCO Strategic Income Fund Stock Performance
Shares of RCS remained flat at $6.13 during trading hours on Wednesday. The stock had a trading volume of 65,971 shares, compared to its average volume of 134,651. The firm's 50 day simple moving average is $6.12 and its 200 day simple moving average is $5.74. PIMCO Strategic Income Fund has a 12-month low of $4.51 and a 12-month high of $6.31.
Institutional Trading of PIMCO Strategic Income Fund
A number of large investors have recently modified their holdings of the business. Osaic Holdings Inc. boosted its position in shares of PIMCO Strategic Income Fund by 3.1% during the 2nd quarter. Osaic Holdings Inc. now owns 858,411 shares of the investment management company's stock valued at $4,464,000 after acquiring an additional 25,506 shares during the last quarter. Rivernorth Capital Management LLC bought a new stake in shares of PIMCO Strategic Income Fund during the 1st quarter valued at about $3,156,000. Guggenheim Capital LLC boosted its position in shares of PIMCO Strategic Income Fund by 15.2% during the 1st quarter. Guggenheim Capital LLC now owns 518,117 shares of the investment management company's stock valued at $3,047,000 after acquiring an additional 68,369 shares during the last quarter. Kestra Advisory Services LLC boosted its position in shares of PIMCO Strategic Income Fund by 46.8% during the 4th quarter. Kestra Advisory Services LLC now owns 462,765 shares of the investment management company's stock valued at $2,814,000 after acquiring an additional 147,504 shares during the last quarter. Finally, Natixis bought a new stake in shares of PIMCO Strategic Income Fund during the 4th quarter valued at about $1,036,000. Institutional investors own 13.48% of the company's stock.
About PIMCO Strategic Income Fund
(
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PIMCO Strategic Global Government Fund, Inc 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 primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.
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