Landscape Capital Management L.L.C. Acquires New Holdings in PIMCO Income Strategy Fund II (NYSE:PFN)

Landscape Capital Management L.L.C. acquired a new stake in PIMCO Income Strategy Fund II (NYSE:PFN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,233 shares of the financial services provider’s stock, valued at approximately $128,000.

A number of other large investors have also recently added to or reduced their stakes in PFN. GPS Wealth Strategies Group LLC lifted its holdings in shares of PIMCO Income Strategy Fund II by 114.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 4,069 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 2,169 shares during the period. World Investment Advisors purchased a new position in PIMCO Income Strategy Fund II in the fourth quarter valued at approximately $80,000. Ibex Wealth Advisors purchased a new position in PIMCO Income Strategy Fund II in the fourth quarter valued at approximately $82,000. Avantax Advisory Services Inc. purchased a new position in PIMCO Income Strategy Fund II in the fourth quarter valued at approximately $87,000. Finally, Morey & Quinn Wealth Partners LLC purchased a new position in PIMCO Income Strategy Fund II in the fourth quarter valued at approximately $132,000.

PIMCO Income Strategy Fund II Stock Performance

NYSE PFN opened at $7.18 on Thursday. PIMCO Income Strategy Fund II has a one year low of $6.26 and a one year high of $7.77. The company’s 50 day moving average price is $7.49 and its 200 day moving average price is $7.50.

PIMCO Income Strategy Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 11th will be paid a dividend of $0.0718 per share. The ex-dividend date is Friday, April 11th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 12.01%.

About PIMCO Income Strategy Fund II

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.