PCM Fund Inc. (NYSE:PCM) Declares $0.08 Monthly Dividend

PCM Fund Inc. (NYSE:PCM) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Investors of record on Friday, October 11th will be given a dividend of 0.08 per share by the investment management company on Friday, November 1st. This represents a $0.96 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date is Friday, October 11th.

PCM Fund Trading Down 0.6 %

PCM Fund stock traded down $0.05 during trading on Wednesday, hitting $7.96. 80,781 shares of the company were exchanged, compared to its average volume of 44,889. PCM Fund has a 52 week low of $6.88 and a 52 week high of $9.15. The business’s 50 day moving average is $7.76 and its 200 day moving average is $8.06.

PCM Fund Company Profile

PCM 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 seeks to invest in fixed income markets. The fund invests primarily in commercial mortgage-backed securities.