PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Shares Purchased by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. increased its position in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS) by 38.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 380,285 shares of the investment management company’s stock after acquiring an additional 104,932 shares during the period. Benjamin F. Edwards & Company Inc. owned about 0.83% of PIMCO Strategic Income Fund worth $2,362,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Principal Securities Inc. acquired a new position in PIMCO Strategic Income Fund during the 4th quarter worth about $28,000. J.W. Cole Advisors Inc. acquired a new stake in PIMCO Strategic Income Fund in the 2nd quarter valued at about $189,000. Atomi Financial Group Inc. raised its position in PIMCO Strategic Income Fund by 135.8% in the 1st quarter. Atomi Financial Group Inc. now owns 84,536 shares of the investment management company’s stock valued at $515,000 after purchasing an additional 48,682 shares in the last quarter. Janney Montgomery Scott LLC raised its position in PIMCO Strategic Income Fund by 21.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 125,259 shares of the investment management company’s stock valued at $762,000 after purchasing an additional 22,010 shares in the last quarter. Finally, Milestone Asset Management LLC raised its position in PIMCO Strategic Income Fund by 170.8% in the 2nd quarter. Milestone Asset Management LLC now owns 234,836 shares of the investment management company’s stock valued at $1,458,000 after purchasing an additional 148,122 shares in the last quarter. Institutional investors and hedge funds own 13.48% of the company’s stock.

PIMCO Strategic Income Fund Stock Up 0.4 %

RCS stock opened at $7.60 on Friday. The business’s 50-day moving average is $6.90 and its two-hundred day moving average is $6.34. PIMCO Strategic Income Fund, Inc. has a 1 year low of $4.51 and a 1 year high of $7.72.

PIMCO Strategic Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 13th will be given a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date is Friday, September 13th.

About PIMCO Strategic Income Fund

PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.