PIMCO Access Income Fund (NYSE:PAXS) Trading 1.1% Higher – What’s Next?

PIMCO Access Income Fund (NYSE:PAXSGet Free Report) shares were up 1.1% during mid-day trading on Tuesday . The stock traded as high as $15.91 and last traded at $15.77. Approximately 202,232 shares changed hands during trading, an increase of 1% from the average daily volume of 200,351 shares. The stock had previously closed at $15.60.

PIMCO Access Income Fund Stock Performance

The firm has a 50 day moving average price of $15.97 and a 200-day moving average price of $15.58.

PIMCO Access Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be given a dividend of $0.1494 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a yield of 11.4%.

Institutional Trading of PIMCO Access Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. SVB Wealth LLC acquired a new position in PIMCO Access Income Fund in the 1st quarter valued at $28,000. Advisory Services Network LLC bought a new stake in PIMCO Access Income Fund during the third quarter valued at about $61,000. LifePlan Investment Advisors Inc. bought a new stake in PIMCO Access Income Fund during the third quarter valued at about $163,000. Alexander Labrunerie & CO. Inc. acquired a new stake in shares of PIMCO Access Income Fund in the second quarter valued at about $159,000. Finally, PFG Investments LLC bought a new position in shares of PIMCO Access Income Fund in the third quarter worth about $173,000.

About PIMCO Access Income Fund

(Get Free Report)

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.

Further Reading

Receive News & Ratings for PIMCO Access Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PIMCO Access Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.