PIMCO Dynamic Income Strategy Fund (PDX) to Issue Monthly Dividend of $0.13 on July 1st

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be given a dividend of 0.1334 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Thursday, June 11th.

PIMCO Dynamic Income Strategy Fund Price Performance

PIMCO Dynamic Income Strategy Fund stock opened at $21.24 on Tuesday. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $18.47 and a fifty-two week high of $25.29. The stock’s fifty day moving average is $21.28 and its two-hundred day moving average is $20.77.

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) is a diversified, closed-end management investment company advised by Pacific Investment Management Company LLC (PIMCO). Launched in 2011, the fund seeks to deliver high current income and capital appreciation by investing in a broad range of fixed income securities. As a closed-end vehicle, PDX trades on the NYSE and employs leverage to enhance its income potential, while adhering to its investment objective under varying market conditions.

The fund’s strategy centers on a flexible allocation among global debt markets, encompassing investment-grade and high-yield corporate bonds, U.S.