PIMCO High Income Fund (NYSE:PHK – Get Free Report) announced a monthly dividend on Friday, May 1st. Stockholders of record on Monday, May 11th will be paid a dividend of 0.048 per share by the investment management company on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date is Monday, May 11th.
PIMCO High Income Fund Trading Down 1.0%
Shares of NYSE:PHK opened at $4.65 on Friday. PIMCO High Income Fund has a 52-week low of $4.41 and a 52-week high of $5.04. The company has a 50-day simple moving average of $4.69 and a 200 day simple moving average of $4.81.
PIMCO High Income Fund Company Profile
The PIMCO High Income Fund (NYSE: PHK) is a closed-end management investment company that seeks to deliver high current income with a secondary focus on capital appreciation. The fund principally invests in a diversified portfolio of fixed-income securities, including corporate high-yield bonds, emerging market debt, securitized products and leveraged loans. PHK may also employ derivatives to enhance income and manage portfolio duration.
PHK’s investment team pursues a benchmark-agnostic approach, allocating capital across credit sectors and global regions based on bottom-up credit analysis and macroeconomic outlooks.
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