PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) Plans Monthly Dividend of $0.07

PIMCO Global StocksPLUS & Income Fund (NYSE:PGP) declared a monthly dividend on Wednesday, July 1st. Investors of record on Monday, July 13th will be given a dividend of 0.069 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date of this dividend is Monday, July 13th.

PIMCO Global StocksPLUS & Income Fund Stock Up 0.2%

Shares of NYSE:PGP opened at $8.64 on Thursday. The stock’s fifty day moving average price is $8.75 and its 200-day moving average price is $8.88. PIMCO Global StocksPLUS & Income Fund has a 1 year low of $8.04 and a 1 year high of $9.41.

Hedge Funds Weigh In On PIMCO Global StocksPLUS & Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in PIMCO Global StocksPLUS & Income Fund during the first quarter valued at approximately $128,000. Cetera Investment Advisers grew its position in shares of PIMCO Global StocksPLUS & Income Fund by 7.3% during the second quarter. Cetera Investment Advisers now owns 19,503 shares of the company’s stock worth $162,000 after purchasing an additional 1,325 shares in the last quarter. Kestra Advisory Services LLC raised its position in shares of PIMCO Global StocksPLUS & Income Fund by 88.1% during the fourth quarter. Kestra Advisory Services LLC now owns 89,886 shares of the company’s stock valued at $821,000 after buying an additional 42,097 shares during the last quarter. Shaker Financial Services LLC increased its holdings in PIMCO Global StocksPLUS & Income Fund by 81.7% in the 4th quarter. Shaker Financial Services LLC now owns 113,811 shares of the company’s stock valued at $1,044,000 after acquiring an additional 51,186 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 9.0% in the fourth quarter. LPL Financial LLC now owns 177,391 shares of the company’s stock worth $1,620,000 after purchasing an additional 14,627 shares during the last quarter.

About PIMCO Global StocksPLUS & Income Fund

The PIMCO Global StocksPLUS & Income Fund (NYSE: PGP) is a diversified, closed-end management investment company that seeks to deliver a high level of current income plus capital appreciation. The fund invests primarily in a global mix of common stocks, convertible securities, fixed-income instruments, currencies and derivative instruments, providing investors with broad exposure to both equity and credit markets around the world.

To achieve its objectives, PGP combines traditional security selection with an overlay strategy that employs equity futures and currency forwards.