Claraphi Advisory Network LLC Invests $265,000 in PIMCO Strategic Income Fund, Inc (RCS) Stock

Claraphi Advisory Network LLC bought a new position in shares of PIMCO Strategic Income Fund, Inc (NYSE:RCS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,886 shares of the investment management company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. IFP Advisors Inc raised its stake in PIMCO Strategic Income Fund by 1,572.3% during the fourth quarter. IFP Advisors Inc now owns 57,610 shares of the investment management company’s stock worth $529,000 after acquiring an additional 54,165 shares in the last quarter. Sii Investments Inc. WI grew its holdings in shares of PIMCO Strategic Income Fund by 38.9% during the third quarter. Sii Investments Inc. WI now owns 276,221 shares of the investment management company’s stock worth $2,684,000 after purchasing an additional 77,415 shares during the last quarter. Commonwealth Equity Services Inc grew its holdings in shares of PIMCO Strategic Income Fund by 12.1% during the third quarter. Commonwealth Equity Services Inc now owns 276,742 shares of the investment management company’s stock worth $2,692,000 after purchasing an additional 29,764 shares during the last quarter. NTV Asset Management LLC bought a new stake in shares of PIMCO Strategic Income Fund during the third quarter worth about $157,000. Finally, Advisor Group Inc. grew its holdings in shares of PIMCO Strategic Income Fund by 155.5% during the third quarter. Advisor Group Inc. now owns 25,183 shares of the investment management company’s stock worth $246,000 after purchasing an additional 15,328 shares during the last quarter. 5.22% of the stock is owned by hedge funds and other institutional investors.

Shares of PIMCO Strategic Income Fund, Inc (NYSE:RCS) opened at $8.86 on Wednesday. PIMCO Strategic Income Fund, Inc has a twelve month low of $8.62 and a twelve month high of $10.65.

The company also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Monday, February 12th will be issued a dividend of $0.072 per share. This represents a $0.86 annualized dividend and a dividend yield of 9.75%. The ex-dividend date is Friday, February 9th.

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About PIMCO Strategic Income Fund

PIMCO Strategic Income Fund, Inc (the Fund) is a closed-end management investment company. The Fund’s primary investment objective is to seek to generate a level of income that is higher than that generated by high quality, intermediate-term United States debt securities. The Fund also seeks capital appreciation to the extent consistent with this objective.

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Institutional Ownership by Quarter for PIMCO Strategic Income Fund (NYSE:RCS)

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