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

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

PIMCO Global StocksPLUS & Income Fund Price Performance

Shares of PGP opened at $8.61 on Tuesday. PIMCO Global StocksPLUS & Income Fund has a 1 year low of $8.04 and a 1 year high of $9.41. The company’s fifty day moving average is $8.57 and its two-hundred day moving average is $8.80.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in 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 valued at $1,620,000 after purchasing an additional 14,627 shares during the period. Shaker Financial Services LLC increased its position in PIMCO Global StocksPLUS & Income Fund by 81.7% during the 4th quarter. Shaker Financial Services LLC now owns 113,811 shares of the company’s stock worth $1,044,000 after purchasing an additional 51,186 shares during the period. Kestra Advisory Services LLC raised its stake in shares of PIMCO Global StocksPLUS & Income Fund by 88.1% during the 4th quarter. Kestra Advisory Services LLC now owns 89,886 shares of the company’s stock worth $821,000 after buying an additional 42,097 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of PIMCO Global StocksPLUS & Income Fund by 4.6% in the 1st quarter. Cetera Investment Advisers now owns 31,282 shares of the company’s stock valued at $261,000 after buying an additional 1,387 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in shares of PIMCO Global StocksPLUS & Income Fund in the 1st quarter valued at approximately $128,000.

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.