PIMCO Access Income Fund (NYSE:PAXS) Declares $0.15 Monthly Dividend

PIMCO Access Income Fund (NYSE:PAXS) announced a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Monday, August 12th will be given a dividend of 0.149 per share on Tuesday, September 3rd. This represents a $1.79 dividend on an annualized basis and a yield of 11.69%. The ex-dividend date is Monday, August 12th.

PIMCO Access Income Fund Trading Down 0.8 %

PAXS stock traded down $0.12 during midday trading on Friday, reaching $15.29. 195,944 shares of the company’s stock traded hands, compared to its average volume of 174,279. The company has a 50-day simple moving average of $15.65 and a two-hundred day simple moving average of $15.46. PIMCO Access Income Fund has a 1-year low of $12.57 and a 1-year high of $16.30.

About PIMCO Access Income Fund

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.