Keystone Financial Group Purchases Shares of 53,430 PIMCO Strategic Income Fund, Inc. (NYSE:RCS)

Keystone Financial Group bought a new stake in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 53,430 shares of the investment management company’s stock, valued at approximately $407,000.

Other large investors also recently made changes to their positions in the company. HighTower Advisors LLC acquired a new position in PIMCO Strategic Income Fund in the 4th quarter valued at $82,000. Centric Wealth Management acquired a new position in shares of PIMCO Strategic Income Fund in the fourth quarter valued at about $133,000. Straight Path Wealth Management increased its position in PIMCO Strategic Income Fund by 7.2% during the fourth quarter. Straight Path Wealth Management now owns 29,759 shares of the investment management company’s stock worth $227,000 after acquiring an additional 2,011 shares during the period. Mutual Advisors LLC raised its stake in PIMCO Strategic Income Fund by 93.3% in the 4th quarter. Mutual Advisors LLC now owns 49,157 shares of the investment management company’s stock worth $375,000 after purchasing an additional 23,724 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in PIMCO Strategic Income Fund in the 4th quarter valued at about $442,000. Institutional investors own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Down 4.1 %

Shares of RCS opened at $5.53 on Monday. PIMCO Strategic Income Fund, Inc. has a 12 month low of $5.38 and a 12 month high of $8.09. The firm’s 50 day moving average is $6.23 and its 200-day moving average is $6.96.

PIMCO Strategic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Friday, April 11th will be issued a $0.04 dividend. The ex-dividend date is Friday, April 11th. This represents a $0.48 annualized dividend and a yield of 8.69%.

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.