Pimco Floating Rate Incom Fund (PFL) Given Daily Coverage Optimism Score of 0.01

Headlines about Pimco Floating Rate Incom Fund (NYSE:PFL) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pimco Floating Rate Incom Fund earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 45.4532829080593 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Pimco Floating Rate Incom Fund stock traded up $0.03 during trading on Friday, reaching $11.71. 38,548 shares of the company traded hands, compared to its average volume of 78,301. Pimco Floating Rate Incom Fund has a 1-year low of $11.15 and a 1-year high of $12.44.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Thursday, April 12th will be paid a dividend of $0.09 per share. The ex-dividend date is Wednesday, April 11th. This represents a $1.08 dividend on an annualized basis and a yield of 9.22%.

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About Pimco Floating Rate Incom Fund

PIMCO Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income, consistent with the preservation of capital. The Fund invests in a diversified portfolio of floating and/or fixed-rate debt instruments.

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