Raymond James Financial Inc. bought a new stake in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 57,964 shares of the investment management company's stock, valued at approximately $442,000. Raymond James Financial Inc. owned 0.13% of PIMCO Strategic Income Fund as of its most recent SEC filing.
Separately, Mutual Advisors LLC lifted its stake in PIMCO Strategic Income Fund by 93.3% in the 4th quarter. Mutual Advisors LLC now owns 49,157 shares of the investment management company's stock worth $375,000 after acquiring an additional 23,724 shares in the last quarter. 13.48% of the stock is currently owned by institutional investors and hedge funds.
PIMCO Strategic Income Fund Trading Down 4.1 %
NYSE:RCS traded down $0.24 on Friday, hitting $5.53. 200,348 shares of the company's stock traded hands, compared to its average volume of 164,946. PIMCO Strategic Income Fund, Inc. has a 1 year low of $5.38 and a 1 year high of $8.09. The firm has a 50-day moving average price of $6.23 and a 200-day moving average price of $6.96.
PIMCO Strategic Income Fund Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Friday, April 11th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 8.69%. The ex-dividend date is Friday, April 11th.
About PIMCO Strategic Income Fund
(
Free Report)
PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.
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