PIMCO Income Strategy Fund II (PFN) to Distribute Monthly Dividend of $0.07 on September 1st

PIMCO Income Strategy Fund II (NYSE:PFN) announced a monthly dividend on Monday, August 3rd. Investors of record on Thursday, August 13th will be paid a dividend of 0.0718 per share by the financial services provider on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date of this dividend is Thursday, August 13th.

PIMCO Income Strategy Fund II Trading Up 0.3%

Shares of NYSE:PFN opened at $7.15 on Tuesday. The company’s 50-day moving average price is $7.00 and its 200 day moving average price is $7.06. PIMCO Income Strategy Fund II has a fifty-two week low of $6.53 and a fifty-two week high of $7.67.

PIMCO Income Strategy Fund II Company Profile

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.