PIMCO High Income Fund Announces Monthly Dividend of $0.05 (NYSE:PHK)

PIMCO High Income Fund (NYSE:PHK) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be paid a dividend of 0.048 per share by the investment management company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 12.7%. The ex-dividend date of this dividend is Friday, September 11th.

PIMCO High Income Fund Trading Up 0.2%

Shares of NYSE PHK opened at $4.52 on Wednesday. PIMCO High Income Fund has a twelve month low of $4.41 and a twelve month high of $5.04. The business has a 50 day simple moving average of $4.63 and a 200-day simple moving average of $4.65.

PIMCO High Income Fund Company Profile

The PIMCO High Income Fund (NYSE: PHK) is a closed-end management investment company that seeks to deliver high current income with a secondary focus on capital appreciation. The fund principally invests in a diversified portfolio of fixed-income securities, including corporate high-yield bonds, emerging market debt, securitized products and leveraged loans. PHK may also employ derivatives to enhance income and manage portfolio duration.

PHK’s investment team pursues a benchmark-agnostic approach, allocating capital across credit sectors and global regions based on bottom-up credit analysis and macroeconomic outlooks.