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

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.0718 per share by the financial services provider on Thursday, August 1st. This represents a $0.86 annualized dividend and a yield of 11.98%. The ex-dividend date of this dividend is Thursday, July 11th.

PIMCO Income Strategy Fund II has decreased its dividend payment by an average of 3.5% per year over the last three years.

PIMCO Income Strategy Fund II Stock Performance

NYSE:PFN traded up $0.02 on Tuesday, hitting $7.19. The stock had a trading volume of 467,529 shares, compared to its average volume of 279,203. The company has a fifty day moving average price of $7.31 and a two-hundred day moving average price of $7.35. PIMCO Income Strategy Fund II has a 1-year low of $5.93 and a 1-year high of $7.58.

PIMCO Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.