57,964 Shares in PIMCO Strategic Income Fund, Inc. (NYSE:RCS) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 57,964 shares of the investment management company's stock, valued at approximately $442,000. Raymond James Financial Inc. owned 0.13% of PIMCO Strategic Income Fund as of its most recent filing with the Securities and Exchange Commission.Separately, Bravias Capital Group LLC acquired a new position in shares of PIMCO Strategic Income Fund in the 4th quarter worth $632,000. Institutional investors own 13.48% of the company's stock. PIMCO Strategic Income Fund Stock Up 0.9 %RCS stock opened at $5.75 on Wednesday. The firm has a 50-day moving average of $6.29 and a two-hundred day moving average of $7.01. PIMCO Strategic Income Fund, Inc. has a one year low of $5.38 and a one year high of $8.09. PIMCO Strategic Income Fund Announces DividendThe business also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Friday, April 11th will be given a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.35%. The ex-dividend date is Friday, April 11th. PIMCO Strategic Income Fund Company Profile (Free Report)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.See AlsoFive stocks we like better than PIMCO Strategic Income FundThere Are Different Types of Stock To Invest InTariff-Proof Stocks: 3 Big Bargains With Huge Upside PotentialWhat is an Earnings Surprise? Qualcomm Breaks Down But RSI Signals It’s Severely OversoldWhat is diluted earnings per share (Diluted EPS)?Tesla’s #1 Bull Cuts Target But Says It’s Still a BuyWant to see what other hedge funds are holding RCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PIMCO Strategic Income Fund, Inc. (NYSE:RCS - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in PIMCO Strategic Income Fund Right Now?Before you consider PIMCO Strategic Income Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PIMCO Strategic Income Fund wasn't on the list.While PIMCO Strategic Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here