Private Advisor Group LLC raised its position in PIMCO Strategic Income Fund, Inc. (NYSE:RCS – Get Rating) by 47.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,224 shares of the investment management company's stock after acquiring an additional 5,578 shares during the period. Private Advisor Group LLC's holdings in PIMCO Strategic Income Fund were worth $85,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Worth Asset Management LLC purchased a new stake in shares of PIMCO Strategic Income Fund during the 1st quarter worth $38,000. Relaxing Retirement Coach purchased a new position in PIMCO Strategic Income Fund in the 3rd quarter valued at approximately $52,000. Armstrong Advisory Group Inc. acquired a new position in PIMCO Strategic Income Fund during the fourth quarter worth $83,000. MML Investors Services LLC boosted its position in PIMCO Strategic Income Fund by 21.6% during the third quarter. MML Investors Services LLC now owns 19,315 shares of the investment management company's stock worth $92,000 after purchasing an additional 3,436 shares in the last quarter. Finally, Kovack Advisors Inc. grew its holdings in PIMCO Strategic Income Fund by 9.9% in the third quarter. Kovack Advisors Inc. now owns 25,530 shares of the investment management company's stock valued at $121,000 after purchasing an additional 2,295 shares during the last quarter. 15.91% of the stock is owned by hedge funds and other institutional investors.

PIMCO Strategic Income Fund Stock Up 0.4 %

NYSE:RCS opened at $5.53 on Monday. PIMCO Strategic Income Fund, Inc. has a 52-week low of $4.61 and a 52-week high of $6.13. The stock has a fifty day simple moving average of $5.61 and a 200-day simple moving average of $5.29.

PIMCO Strategic Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, May 1st. Shareholders of record on Thursday, April 13th will be given a dividend of $0.051 per share. This represents a $0.61 dividend on an annualized basis and a yield of 11.07%. The ex-dividend date is Wednesday, April 12th.

PIMCO Strategic Income Fund Company Profile

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PIMCO Strategic Global Government Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Pacific Investment Management Company LLC. It invests in fixed income markets across the globe. The fund primarily invests in government securities, including bonds issued or guaranteed by the United States or foreign governments, by their agencies, authorities or instrumentalities, or by supranational entities.

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