PIMCO High Income Fund (NYSE:PHK - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.81 and traded as high as $4.96. PIMCO High Income Fund shares last traded at $4.96, with a volume of 479,113 shares traded.
PIMCO High Income Fund Trading Up 0.3%
The stock has a 50-day moving average of $4.82 and a 200 day moving average of $4.81.
PIMCO High Income Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be issued a dividend of $0.048 per share. This represents a c) annualized dividend and a dividend yield of 11.8%. The ex-dividend date is Monday, August 11th.
Institutional Trading of PIMCO High Income Fund
Large investors have recently made changes to their positions in the business. CreativeOne Wealth LLC bought a new stake in shares of PIMCO High Income Fund during the fourth quarter worth approximately $53,000. PNC Financial Services Group Inc. grew its holdings in PIMCO High Income Fund by 546.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 12,920 shares of the investment management company's stock worth $63,000 after acquiring an additional 10,920 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in PIMCO High Income Fund during the 1st quarter worth $85,000. Western Wealth Management LLC acquired a new position in PIMCO High Income Fund in the fourth quarter valued at about $88,000. Finally, Private Advisor Group LLC acquired a new position in PIMCO High Income Fund in the first quarter valued at about $88,000. Institutional investors own 11.75% of the company's stock.
About PIMCO High Income Fund
(
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PIMCO High Income 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 the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.
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