PCN, PTY, PGP, PHK, PKO, RCS, PCM, PFL and PFN Declare Monthly Common Share Dividends
September 01 2011 - 4:00PM
Business Wire
The Boards of Trustees of PIMCO Corporate
Income Fund (NYSE: PCN), PIMCO Corporate Opportunity Fund (NYSE:
PTY), PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP), PIMCO
High Income Fund (NYSE: PHK), PIMCO Income Opportunity Fund (NYSE:
PKO), PIMCO Strategic Global Government Fund, Inc. (NYSE: RCS), PCM
Fund, Inc. (NYSE: PCM), PIMCO Income Strategy Fund (NYSE: PFL) and
PIMCO Income Strategy Fund II (NYSE: PFN) (collectively, the
“Funds”) announced today that they have declared the following
dividends on the Funds’ common shares:
Per Common Share
PIMCO Corporate Income Fund
$0.10625
PIMCO Corporate Opportunity Fund
$0.115 PIMCO Global StocksPLUS® & Income Fund $0.18335 PIMCO
High Income Fund $0.121875 PIMCO Income Opportunity Fund $0.19
PIMCO Strategic Global Government Fund, Inc $0.08 PCM Fund, Inc
$0.08 PIMCO Income Strategy Fund $0.075 PIMCO Income Strategy Fund
II $0.065
The dividends will be payable on October 3, 2011 to shareholders
of record on September 12, 2011, with an ex-dividend date of
September 8, 2011.
At August 31, 2011, the Funds’ net assets were
approximately:
(in millions) PIMCO Corporate
Income Fund (a) $689.0 PIMCO Corporate Opportunity Fund (a)
$1,354.9 PIMCO Global StocksPLUS® & Income Fund $126.8 PIMCO
High Income Fund (a) $1,267.2 PIMCO Income Opportunity Fund $367.7
PIMCO Strategic Global Government Fund, Inc $375.3 PCM Fund, Inc
$113.0 PIMCO Income Strategy Fund (a) $338.5 PIMCO Income Strategy
Fund II (a) $708.0 (a) Net assets are
inclusive of Preferred Shares of $169 million, $325 million, $292
million, $78,975,000 and $161 million for PCN, PTY, PHK, PFL and
PFN, respectively.
The Funds are closed-end management investment companies. The
primary objective of PCN is to seek high current income with
secondary objectives of capital preservation and appreciation. The
investment objective of PTY is to seek maximum total return through
a combination of current income and capital appreciation. The
primary objective of PGP is to provide total return through a
combination of current income, current gains and long-term capital
appreciation. PHK’s primary objective is to seek high current
income with capital appreciation as a secondary objective. PKO’s
investment objective is to seek current income as a primary focus
and also capital appreciation. RCS’s primary objective is to
generate a level of income higher than that generated by
high-quality, intermediate-term U.S. debt securities, with a
secondary objective of seeking to maintain volatility in the net
asset value of its shares comparable to that of high-quality,
intermediate-term U.S. debt securities. PCM seeks high current
income as a primary objective and capital gains as a secondary
objective. PFL and PFN’s investment objective is to seek high
current income, consistent with the preservation of capital. There
can be no assurance that the Funds will meet their stated
objectives.
Allianz Global Investors Fund Management LLC (“AGIFM”), an
indirect, wholly-owned subsidiary of Allianz Global Investors of
America L.P., serves as the Funds’ investment manager and is a
member of Munich-based Allianz Group. Pacific Investment Management
Company LLC, an AGIFM affiliate, serves as the Funds’
sub-adviser.
The Funds’ daily New York Stock Exchange closing prices, net
asset values per share, as well as other information, including
updated portfolio statistics and performance are available at
http://www.allianzinvestors.com/closedendfunds or
by calling the Funds’ shareholder servicing agent at (800)
254-5197.
Statements made in this release that look forward in time
involve risks and uncertainties and are forward looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such risks and uncertainties include, without limitation,
the adverse effect from a decline in the securities markets or a
decline in the Funds' performance, a general downturn in the
economy, competition from other companies, changes in government
policy or regulation, inability to attract or retain key employees,
inability to implement its operating strategy and/or acquisition
strategy, and unforeseen costs and other effects related to legal
proceedings or investigations of governmental and self-regulatory
organizations. The Funds’ ability to pay dividends to common
shareholders is subject to the restrictions in their registration
statement, by-laws and other governing documents, as well as the
Investment Act of 1940.
PIMCO Corporate and Inco... (NYSE:PTY)
Historical Stock Chart
From Jun 2024 to Jul 2024
PIMCO Corporate and Inco... (NYSE:PTY)
Historical Stock Chart
From Jul 2023 to Jul 2024