PIMCO Strategic Income Fund, Inc. (RCS) To Go Ex-Dividend on September 11th

PIMCO Strategic Income Fund, Inc. (NYSE:RCS) declared a monthly dividend on Tuesday, September 1st. Investors of record on Friday, September 11th will be given a dividend of 0.04 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date is Friday, September 11th.

PIMCO Strategic Income Fund Stock Performance

Shares of NYSE RCS opened at $5.24 on Thursday. The stock’s 50-day simple moving average is $5.29 and its two-hundred day simple moving average is $5.42. PIMCO Strategic Income Fund has a twelve month low of $5.09 and a twelve month high of $8.00.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers lifted its position in PIMCO Strategic Income Fund by 2.3% during the second quarter. Cetera Investment Advisers now owns 72,983 shares of the investment management company’s stock valued at $508,000 after purchasing an additional 1,674 shares during the last quarter. Equitable Holdings Inc. increased its holdings in shares of PIMCO Strategic Income Fund by 10.2% in the 4th quarter. Equitable Holdings Inc. now owns 41,843 shares of the investment management company’s stock worth $233,000 after buying an additional 3,888 shares during the last quarter. UBS Group AG raised its position in shares of PIMCO Strategic Income Fund by 1.1% during the 3rd quarter. UBS Group AG now owns 391,220 shares of the investment management company’s stock valued at $2,969,000 after buying an additional 4,313 shares in the last quarter. Comerica Bank raised its position in shares of PIMCO Strategic Income Fund by 959.0% during the 1st quarter. Comerica Bank now owns 5,295 shares of the investment management company’s stock valued at $33,000 after buying an additional 4,795 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its holdings in shares of PIMCO Strategic Income Fund by 21.0% during the 3rd quarter. Susquehanna International Group LLP now owns 29,893 shares of the investment management company’s stock worth $227,000 after acquiring an additional 5,192 shares during the last quarter. 13.48% of the stock is currently owned by institutional investors.

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.