Compound Planning Inc. Lowers Position in PIMCO Strategic Income Fund, Inc. $RCS

Compound Planning Inc. trimmed its holdings in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 66.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,381 shares of the investment management company’s stock after selling 64,701 shares during the period. Compound Planning Inc. owned about 0.07% of PIMCO Strategic Income Fund worth $209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Cetera Investment Advisers lifted its position in shares of PIMCO Strategic Income Fund by 21.2% in the 1st quarter. Cetera Investment Advisers now owns 71,309 shares of the investment management company’s stock worth $446,000 after purchasing an additional 12,489 shares during the period. Janney Montgomery Scott LLC raised its stake in PIMCO Strategic Income Fund by 15.2% in the first quarter. Janney Montgomery Scott LLC now owns 141,651 shares of the investment management company’s stock worth $885,000 after buying an additional 18,687 shares in the last quarter. Stifel Financial Corp purchased a new stake in PIMCO Strategic Income Fund during the fourth quarter worth $80,000. Raymond James Financial Inc. bought a new stake in PIMCO Strategic Income Fund during the 4th quarter valued at $442,000. Finally, Mutual Advisors LLC boosted its position in PIMCO Strategic Income Fund by 32.8% during the 1st quarter. Mutual Advisors LLC now owns 65,258 shares of the investment management company’s stock valued at $408,000 after acquiring an additional 16,101 shares in the last quarter. Institutional investors own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Price Performance

RCS opened at $7.23 on Friday. PIMCO Strategic Income Fund, Inc. has a 12 month low of $5.25 and a 12 month high of $8.09. The stock has a fifty day moving average price of $7.06 and a 200-day moving average price of $6.49.

PIMCO Strategic Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be issued a $0.04 dividend. The ex-dividend date is Monday, August 11th. This represents a c) dividend on an annualized basis and a yield of 6.6%.

About PIMCO Strategic Income Fund

PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.