PIMCO Access Income Fund (PAXS) to Issue Monthly Dividend of $0.15 on August 1st

PIMCO Access Income Fund (NYSE:PAXS) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.1494 per share on Thursday, August 1st. This represents a $1.79 dividend on an annualized basis and a yield of 11.25%. The ex-dividend date is Thursday, July 11th. This is a boost from PIMCO Access Income Fund’s previous monthly dividend of $0.15.

PIMCO Access Income Fund Trading Up 0.4 %

Shares of NYSE PAXS opened at $15.93 on Wednesday. PIMCO Access Income Fund has a one year low of $12.57 and a one year high of $16.30. The firm’s 50 day simple moving average is $15.77 and its two-hundred day simple moving average is $15.30.

PIMCO Access Income Fund Company Profile

PIMCO Access Income Fund is close-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in fixed income markets of global region. The fund primarily invests in corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds, floating-rate income-producing securities with varying maturities.