NRGX - PIMCO Dynamic Income Strategy Fund Declares Quarterly Common Share Distributions | Benzinga
NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Dynamic Income Strategy Fund (the "Fund") (NYSE:PDX) has declared a quarterly distribution for the Fund's common shares. The quarterly distribution is payable on January 2, 2024 to shareholders of record on December 11, 2023, with an ex-dividend date of December 8, 2023.
| Quarterly Distribution Per Common Share |
| Fund |
| NYSE Symbol |
| Amount |
| Change From Previous Quarter |
| Percentage Change From Previous Quarter |
| PIMCO Dynamic Income Strategy Fund1 |
| (NYSE:PDX) |
| $0.220000 |
| - |
| - |
1 Prior to November 21, 2023, PIMCO Dynamic Income Strategy Fund (NYSE:PDX) was named PIMCO Energy and Tactical Credit Opportunities Fund (NYSE:NRGX).
Fund Distribution Information as of October 31, 2023:
| Fund |
| NYSE Symbol |
| Current Amount |
| Annualized current distribution rate expressed as a percentage of NAV as of 10/31/2023 |
| Annualized current distribution rate expressed as a percentage of Market Price as of 10/31/2023 |
| PIMCO Dynamic Income Strategy Fund |
| (NYSE:PDX) |
| $0.220000 |
| 3.96% |
| 4.63% |
Distribution rates are not performance and are calculated by annualizing the current distribution per share announced in this press release and dividing by the NAV or Market Price, as applicable, as of the reported date. The Fund's distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in the Fund's distribution rate at a future time. Distributions may be comprised of ordinary income, net capital gains, and/or a return of capital ("ROC") of your investment in the Fund. Because the distribution rate may include a ROC, it should not be confused with yield or income.
Average Annual Total Returns Based on NAV and Market Price ("MKT") of Common Shares as of October 31, 2023:
| Fund |
| NYSE Symbol |
| Inception Date |
| 1 Year |
| Since Inception |
| PIMCO Dynamic Income Strategy Fund |
| (NYSE:PDX) |
| 2/01/2019 |
| NAV |
| 26.41% |
| 9.86% |
| MKT |
| 28.17% |
| 7.60% |
Performance for periods of more than one year is annualized.
Past performance is not a guarantee or a reliable indicator of future results. There can be no assurance that the Fund or any investment strategy will achieve its investment objectives or structure its investment portfolio as anticipated. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Shares may be worth more or less than original purchase price. Due to market volatility, current performance may be lower or higher than average annual returns shown. Returns are calculated by determining the percentage change in net asset value ("NAV") or market price (as applicable) of the Fund's common shares in the specific period. The calculation assumes that all dividends ...