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

PIMCO Access Income Fund (NYSE:PAXSGet Free Report) declared a monthly dividend on Monday, April 1st, investing.com reports. Stockholders of record on Thursday, April 11th will be paid a dividend of 0.1494 per share on Wednesday, May 1st. This represents a $1.79 annualized dividend and a dividend yield of 11.26%. The ex-dividend date is Wednesday, April 10th.

PIMCO Access Income Fund Trading Up 1.0 %

Shares of PAXS opened at $15.92 on Wednesday. PIMCO Access Income Fund has a 1 year low of $12.57 and a 1 year high of $15.93. The stock has a 50-day simple moving average of $15.25 and a 200-day simple moving average of $14.40.

Institutional Investors Weigh In On PIMCO Access Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in PAXS. Advisor Group Holdings Inc. raised its position in shares of PIMCO Access Income Fund by 54.2% during the 4th quarter. Advisor Group Holdings Inc. now owns 23,181 shares of the company’s stock worth $342,000 after acquiring an additional 8,152 shares in the last quarter. Bank of America Corp DE increased its position in PIMCO Access Income Fund by 34.3% during the fourth quarter. Bank of America Corp DE now owns 193,778 shares of the company’s stock worth $2,866,000 after buying an additional 49,454 shares during the period. Wells Fargo & Company MN increased its position in PIMCO Access Income Fund by 73.2% during the fourth quarter. Wells Fargo & Company MN now owns 116,439 shares of the company’s stock worth $1,722,000 after buying an additional 49,199 shares during the period. Cerity Partners LLC acquired a new position in PIMCO Access Income Fund during the fourth quarter worth approximately $740,000. Finally, LPL Financial LLC increased its position in PIMCO Access Income Fund by 85.1% during the first quarter. LPL Financial LLC now owns 141,743 shares of the company’s stock worth $2,105,000 after buying an additional 65,180 shares during the period.

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

Dividend History for PIMCO Access Income Fund (NYSE:PAXS)

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