PIMCO Strategic Income Fund, Inc. (RCS) to Issue Monthly Dividend of $0.04 on July 1st

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) announced a monthly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.04 per share by the investment management company on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Thursday, June 11th.

PIMCO Strategic Income Fund Stock Performance

Shares of RCS opened at $5.48 on Tuesday. PIMCO Strategic Income Fund has a one year low of $5.09 and a one year high of $8.00. The company has a 50-day simple moving average of $5.41 and a two-hundred day simple moving average of $5.83.

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.