Pimco Corporate & Income Strategy Fund (PCN) Receives Coverage Optimism Rating of 0.14

Headlines about Pimco Corporate & Income Strategy Fund (NYSE:PCN) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pimco Corporate & Income Strategy Fund earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 46.8524204751444 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Pimco Corporate & Income Strategy Fund (NYSE:PCN) traded up 1.86% during trading on Friday, hitting $16.46. 103,832 shares of the stock traded hands. Pimco Corporate & Income Strategy Fund has a 1-year low of $12.64 and a 1-year high of $17.95. The stock has a 50-day moving average of $17.36 and a 200 day moving average of $16.57.

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 11th will be given a dividend of $0.1125 per share. This represents a $1.35 annualized dividend and a yield of 8.20%. The ex-dividend date of this dividend is Wednesday, August 9th.

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Pimco Corporate & Income Strategy Fund Company Profile

Pimco Corporate & Income Strategy Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek high current income, with a secondary objective of capital preservation and appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as the United States government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.

Insider Buying and Selling by Quarter for Pimco Corporate & Income Strategy Fund (NYSE:PCN)

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