PIMCO Strategic Income Fund, Inc. (RCS) to Issue Monthly Dividend of $0.04 on May 1st

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) announced a monthly dividend on Wednesday, April 1st. Investors of record on Monday, April 13th will be given a dividend of 0.04 per share by the investment management company on Friday, May 1st. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date is Monday, April 13th.

PIMCO Strategic Income Fund Trading Up 0.3%

NYSE:RCS opened at $5.23 on Friday. The firm’s fifty day simple moving average is $5.61 and its 200 day simple moving average is $6.36. PIMCO Strategic Income Fund has a twelve month low of $5.09 and a twelve month high of $8.00.

PIMCO Strategic Income Fund Company Profile

PIMCO Strategic Income Fund (NYSE: RCS) is a closed-end management investment company that seeks to deliver current income and capital appreciation by investing in a diversified portfolio of fixed income instruments. The fund is managed by Pacific Investment Management Company LLC (PIMCO), one of the world’s leading fixed income investment managers, and leverages PIMCO’s global research and risk-management platform to allocate across various credit sectors and interest rate environments.

The fund’s investment strategy is multi-sector and flexible, allowing the portfolio management team to adjust exposures among government securities, corporate bonds, asset-backed and mortgage-backed securities, high-yield debt, and emerging market instruments.