PIMCO Income Strategy Fund II (NYSE:PFN) Shares Purchased by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC increased its stake in PIMCO Income Strategy Fund II (NYSE:PFN) by 17.8% in the third quarter, Holdings Channel reports. The firm owned 325,827 shares of the financial services provider’s stock after purchasing an additional 49,293 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in PIMCO Income Strategy Fund II were worth $2,483,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. CoreCap Advisors LLC acquired a new stake in shares of PIMCO Income Strategy Fund II during the second quarter worth $1,225,000. Thrivent Financial for Lutherans purchased a new stake in PIMCO Income Strategy Fund II during the 3rd quarter valued at about $572,000. J.W. Cole Advisors Inc. increased its holdings in shares of PIMCO Income Strategy Fund II by 138.3% in the third quarter. J.W. Cole Advisors Inc. now owns 105,608 shares of the financial services provider’s stock valued at $805,000 after purchasing an additional 61,283 shares during the period. RS Crum Inc. purchased a new position in shares of PIMCO Income Strategy Fund II in the second quarter worth about $400,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of PIMCO Income Strategy Fund II by 18.4% during the second quarter. Commonwealth Equity Services LLC now owns 344,700 shares of the financial services provider’s stock worth $2,472,000 after purchasing an additional 53,480 shares during the period.

PIMCO Income Strategy Fund II Trading Up 0.1 %

Shares of NYSE PFN opened at $7.50 on Monday. PIMCO Income Strategy Fund II has a 52 week low of $6.80 and a 52 week high of $7.76. The business’s 50 day moving average price is $7.54 and its 200 day moving average price is $7.37.

PIMCO Income Strategy Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, November 12th will be issued a $0.0718 dividend. This represents a $0.86 annualized dividend and a yield of 11.49%. The ex-dividend date is Tuesday, November 12th.

PIMCO Income Strategy Fund II Profile

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.