PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Get Free Report) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Friday, July 11th will be paid a dividend of 0.04 per share by the investment management company on Friday, August 1st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend 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 165,861. The firm's 50 day simple moving average is $6.49 and its two-hundred day simple moving average is $6.38. PIMCO Strategic Income Fund has a one year low of $5.25 and a one year high of $8.09.
Institutional Inflows and Outflows
An institutional investor recently raised its position in PIMCO Strategic Income Fund stock. Comerica Bank boosted its holdings in PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Free Report) by 959.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,295 shares of the investment management company's stock after buying an additional 4,795 shares during the period. Comerica Bank's holdings in PIMCO Strategic Income Fund were worth $33,000 as of its most recent SEC filing. 13.48% of the stock is currently owned by institutional investors.
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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