Centaurus Financial Inc. Buys 250,137 Shares of PIMCO Income Strategy Fund II $PFN

Centaurus Financial Inc. boosted its stake in PIMCO Income Strategy Fund II (NYSE:PFN) by 235.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 356,600 shares of the financial services provider’s stock after purchasing an additional 250,137 shares during the period. Centaurus Financial Inc.’s holdings in PIMCO Income Strategy Fund II were worth $2,635,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Allworth Financial LP grew its holdings in shares of PIMCO Income Strategy Fund II by 179.6% in the second quarter. Allworth Financial LP now owns 5,509 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 3,539 shares during the last quarter. Arete Wealth Advisors LLC purchased a new stake in PIMCO Income Strategy Fund II during the 1st quarter valued at $76,000. Gridiron Partners LLC bought a new stake in PIMCO Income Strategy Fund II in the 2nd quarter worth $80,000. Verity Asset Management Inc. purchased a new position in shares of PIMCO Income Strategy Fund II in the second quarter valued at about $86,000. Finally, CreativeOne Wealth LLC bought a new position in shares of PIMCO Income Strategy Fund II during the first quarter valued at about $114,000.

PIMCO Income Strategy Fund II Trading Down 0.9%

PIMCO Income Strategy Fund II stock opened at $7.33 on Monday. PIMCO Income Strategy Fund II has a 1-year low of $6.26 and a 1-year high of $7.67. The firm has a 50-day moving average of $7.47 and a 200-day moving average of $7.47.

PIMCO Income Strategy Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Thursday, December 11th will be given a $0.0718 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Thursday, December 11th.

PIMCO Income Strategy Fund II Profile

PIMCO Income Strategy Fund II is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in the fixed income markets of the United States. It invests in securities of companies operating across the diversified sectors.