News articles about Pimco Corporate & Income Strategy Fund (NYSE:PCN) have trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pimco Corporate & Income Strategy Fund earned a news impact score of 0.19 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 43.7094051407222 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Pimco Corporate & Income Strategy Fund (PCN) traded down $0.07 during trading on Friday, hitting $17.06. 99,979 shares of the stock traded hands, compared to its average volume of 110,178. The company has a market capitalization of $665.17, a price-to-earnings ratio of 6.09 and a beta of 0.41. Pimco Corporate & Income Strategy Fund has a fifty-two week low of $15.01 and a fifty-two week high of $17.95.
The business also recently announced a monthly dividend, which will be paid on Thursday, February 1st. Investors of record on Friday, January 12th will be given a $0.1125 dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.35 dividend on an annualized basis and a yield of 7.91%.
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Pimco Corporate & Income Strategy Fund Company Profile
Pimco Corporate & Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income, with a secondary objective of capital preservation and appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as the United States government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.
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