Pimco Income Strategy Fund II (NYSE:PFN) Director Sarah E. Cogan bought 1,000 shares of the company’s stock in a transaction on Thursday, January 9th. The shares were acquired at an average price of $10.74 per share, with a total value of $10,740.00.
PFN traded down $0.06 during midday trading on Friday, reaching $10.74. 170,600 shares of the company’s stock were exchanged, compared to its average volume of 261,571. Pimco Income Strategy Fund II has a 1-year low of $9.67 and a 1-year high of $10.80. The business’s 50-day moving average price is $10.54 and its 200 day moving average price is $10.51.
The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 13th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $0.96 annualized dividend and a dividend yield of 8.94%.
About Pimco Income Strategy Fund II
PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.
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