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

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.0718 per share by the financial services provider on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend is Thursday, February 12th.

PIMCO Income Strategy Fund II Stock Down 0.1%

Shares of PFN stock traded down $0.01 during trading hours on Tuesday, reaching $7.43. 38,763 shares of the company traded hands, compared to its average volume of 399,519. The firm has a 50-day moving average price of $7.43 and a 200 day moving average price of $7.49. PIMCO Income Strategy Fund II has a 12-month low of $6.26 and a 12-month high of $7.67.

About PIMCO Income Strategy Fund II

PIMCO Income Strategy Fund II (NYSE: PFN) is a closed-end management investment company that seeks to provide high current income by investing principally in a diversified portfolio of credit instruments. The fund’s assets are allocated across a range of fixed income sectors, including corporate debt, asset- and mortgage-backed securities, emerging market debt, and other income-producing instruments, both in the U.S. and international markets.

The fund employs a flexible investment approach designed by PIMCO’s portfolio management team, incorporating the use of leverage and derivatives to enhance yield and manage duration risk.