PIMCO High Income Fund (NYSE:PHK - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $4.94 and traded as high as $4.95. PIMCO High Income Fund shares last traded at $4.93, with a volume of 502,139 shares changing hands.
PIMCO High Income Fund Trading Up 0.1 %
The stock's fifty day moving average is $4.94 and its two-hundred day moving average is $4.94.
PIMCO High Income Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 13th will be paid a dividend of $0.048 per share. The ex-dividend date of this dividend is Monday, January 13th. This represents a $0.58 annualized dividend and a dividend yield of 11.67%.
Institutional Investors Weigh In On PIMCO High Income Fund
A number of institutional investors and hedge funds have recently modified their holdings of the company. Integrated Capital Management Inc. increased its position in PIMCO High Income Fund by 3.4% during the third quarter. Integrated Capital Management Inc. now owns 61,355 shares of the investment management company's stock worth $307,000 after buying an additional 2,031 shares during the last quarter. PFG Investments LLC increased its holdings in shares of PIMCO High Income Fund by 3.8% during the 3rd quarter. PFG Investments LLC now owns 63,369 shares of the investment management company's stock worth $317,000 after acquiring an additional 2,310 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in PIMCO High Income Fund by 2.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 101,398 shares of the investment management company's stock valued at $493,000 after acquiring an additional 2,634 shares during the period. Sugar Maple Asset Management LLC acquired a new stake in PIMCO High Income Fund during the 4th quarter valued at $36,000. Finally, Park Avenue Securities LLC lifted its holdings in PIMCO High Income Fund by 3.1% during the 3rd quarter. Park Avenue Securities LLC now owns 283,512 shares of the investment management company's stock valued at $1,418,000 after purchasing an additional 8,399 shares during the last quarter. 11.75% of the stock is owned by institutional investors.
PIMCO High Income Fund Company Profile
(
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PIMCO High Income Fund 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 the public fixed income markets across the globe. The fund invests in U.S. dollar denominated high-yield corporate debt obligations.
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