PIMCO Strategic Income Fund, Inc. Plans Monthly Dividend of $0.04 (NYSE:RCS)

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.04 per share by the investment management company on Monday, March 2nd. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Thursday, February 12th.

PIMCO Strategic Income Fund Price Performance

NYSE:RCS opened at $5.96 on Tuesday. PIMCO Strategic Income Fund has a 1-year low of $5.25 and a 1-year high of $8.00. The business’s 50-day moving average price is $6.29 and its two-hundred day moving average price is $6.90.

PIMCO Strategic Income Fund Company Profile

PIMCO Strategic Income Fund (NYSE: RCS) is a closed-end management investment company that seeks to deliver current income and capital appreciation by investing in a diversified portfolio of fixed income instruments. The fund is managed by Pacific Investment Management Company LLC (PIMCO), one of the world’s leading fixed income investment managers, and leverages PIMCO’s global research and risk-management platform to allocate across various credit sectors and interest rate environments.

The fund’s investment strategy is multi-sector and flexible, allowing the portfolio management team to adjust exposures among government securities, corporate bonds, asset-backed and mortgage-backed securities, high-yield debt, and emerging market instruments.