Gridiron Partners LLC Makes New Investment in PIMCO Income Strategy Fund II $PFN

Gridiron Partners LLC purchased a new position in shares of PIMCO Income Strategy Fund II (NYSE:PFN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,869 shares of the financial services provider’s stock, valued at approximately $80,000.

Other large investors also recently bought and sold shares of the company. Putney Financial Group LLC purchased a new stake in PIMCO Income Strategy Fund II during the 4th quarter worth about $40,000. Ameriflex Group Inc. purchased a new stake in PIMCO Income Strategy Fund II during the 4th quarter worth about $57,000. Arete Wealth Advisors LLC purchased a new stake in PIMCO Income Strategy Fund II during the 1st quarter worth about $76,000. Willner & Heller LLC purchased a new stake in PIMCO Income Strategy Fund II during the 1st quarter worth about $83,000. Finally, Citadel Advisors LLC purchased a new stake in PIMCO Income Strategy Fund II during the 4th quarter worth about $92,000.

PIMCO Income Strategy Fund II Trading Down 0.5%

PFN opened at $7.57 on Monday. PIMCO Income Strategy Fund II has a one year low of $6.26 and a one year high of $7.76. The business’s 50-day simple moving average is $7.54 and its 200-day simple moving average is $7.38.

PIMCO Income Strategy Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Friday, September 12th will be issued a $0.0718 dividend. The ex-dividend date is Friday, September 12th. This represents a c) dividend on an annualized basis and a dividend yield of 11.4%.

PIMCO Income Strategy Fund II Company Profile

PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.