PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Get Free Report) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Stockholders of record on Friday, July 11th will be given a dividend of 0.04 per share by the investment management company on Friday, August 1st. This represents a $0.48 annualized dividend and a dividend yield of 6.84%. The ex-dividend date is Friday, July 11th.
PIMCO Strategic Income Fund Stock Up 0.4%
Shares of RCS stock traded up $0.03 during trading on Friday, reaching $7.02. The company had a trading volume of 58,544 shares, compared to its average volume of 165,684. The firm's 50 day simple moving average is $6.49 and its two-hundred day simple moving average is $6.39. PIMCO Strategic Income Fund has a one year low of $5.25 and a one year high of $8.09.
Hedge Funds Weigh In On PIMCO Strategic Income Fund
An institutional investor recently raised its position in PIMCO Strategic Income Fund stock. Comerica Bank increased its position in PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Free Report) by 959.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,295 shares of the investment management company's stock after acquiring an additional 4,795 shares during the quarter. Comerica Bank's holdings in PIMCO Strategic Income Fund were worth $33,000 at the end of the most recent quarter. 13.48% of the stock is currently owned by hedge funds and other institutional investors.
PIMCO Strategic Income Fund Company Profile
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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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