PIMCO Dynamic Income Strategy Fund (NYSE:PDX) Plans Monthly Dividend of $0.13

PIMCO Dynamic Income Strategy Fund (NYSE:PDX) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Thursday, August 13th will be given a dividend of 0.1334 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Thursday, August 13th.

PIMCO Dynamic Income Strategy Fund Trading Up 0.1%

NYSE:PDX opened at $21.39 on Tuesday. PIMCO Dynamic Income Strategy Fund has a 1 year low of $18.47 and a 1 year high of $25.21. The firm has a 50 day moving average of $21.15 and a 200-day moving average of $20.87.

Insider Transactions at PIMCO Dynamic Income Strategy Fund

In other PIMCO Dynamic Income Strategy Fund news, insider Greg Elliot Sharenow acquired 13,046 shares of the business’s stock in a transaction on Tuesday, May 19th. The stock was purchased at an average price of $21.66 per share, for a total transaction of $282,576.36. Following the transaction, the insider owned 39,331 shares in the company, valued at $851,909.46. This trade represents a 49.63% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders acquired 22,819 shares of company stock valued at $493,466.

Institutional Trading of PIMCO Dynamic Income Strategy Fund

Large investors have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in PIMCO Dynamic Income Strategy Fund during the 4th quarter worth about $60,000. Lloyd Advisory Services LLC. acquired a new stake in PIMCO Dynamic Income Strategy Fund in the 4th quarter valued at about $114,000. Susquehanna International Group LLP acquired a new stake in PIMCO Dynamic Income Strategy Fund in the 3rd quarter valued at about $255,000. Spirepoint Private Client LLC acquired a new stake in PIMCO Dynamic Income Strategy Fund in the 4th quarter valued at about $194,000. Finally, Meadowbrook Wealth Management LLC bought a new position in shares of PIMCO Dynamic Income Strategy Fund in the second quarter worth about $245,000.

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.