PIMCO Dynamic Income Strategy Fund (NYSE:PDX – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 20,500 shares, a decline of 21.5% from the August 15th total of 26,100 shares. Based on an average daily volume of 73,800 shares, the days-to-cover ratio is currently 0.3 days.
PIMCO Dynamic Income Strategy Fund Price Performance
NYSE:PDX opened at $23.40 on Monday. PIMCO Dynamic Income Strategy Fund has a fifty-two week low of $16.89 and a fifty-two week high of $23.79. The business’s 50 day moving average is $22.82.
PIMCO Dynamic Income Strategy Fund Increases Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be given a dividend of $0.1133 per share. This is a positive change from PIMCO Dynamic Income Strategy Fund’s previous monthly dividend of $0.11. This represents a $1.36 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend is Friday, September 13th.
Insider Activity
Institutional Investors Weigh In On PIMCO Dynamic Income Strategy Fund
A number of institutional investors have recently modified their holdings of the company. Country Trust Bank purchased a new position in PIMCO Dynamic Income Strategy Fund during the 2nd quarter valued at about $1,041,000. Williams & Novak LLC acquired a new stake in PIMCO Dynamic Income Strategy Fund during the 2nd quarter worth approximately $280,000. Dynamic Advisor Solutions LLC acquired a new stake in PIMCO Dynamic Income Strategy Fund during the 2nd quarter worth approximately $293,000. Wealth Enhancement Advisory Services LLC purchased a new position in PIMCO Dynamic Income Strategy Fund in the 2nd quarter valued at approximately $426,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of PIMCO Dynamic Income Strategy Fund in the second quarter worth $354,000.
Featured Stories
- Five stocks we like better than PIMCO Dynamic Income Strategy Fund
- Canada Bond Market Holiday: How to Invest and Trade
- 3 Defensive Stock Alternatives to Bonds If Interest Rates Drop
- How to Effectively Use the MarketBeat Ratings Screener
- Symbotic’s Double-Bagger Potential as It Hits a Key Inflection
- Utilities Stocks Explained – How and Why to Invest in Utilities
- High Dividend Yields Make These 2 Shipping Stocks Stand Out
Receive News & Ratings for PIMCO Dynamic Income Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Dynamic Income Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.