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Video: What is a Stock Split?
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PIMCO Energy and Tactical Credit Opportunities Fund is a closed-end management investment company. The Fund's primary investment objective is to seek total return, with a secondary objective to seek to provide high current income. According to our PDX split history records, PIMCO Dynamic Income Strategy Fundhares O has had 1 split. | |
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PIMCO Dynamic Income Strategy Fundhares O (PDX) has 1 split in our PDX split history database. The split for PDX took place on April 28, 2006. This was a 2 for 1 split, meaning for each share of PDX owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as PIMCO Dynamic Income Strategy Fundhares O splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the PDX split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into PIMCO Dynamic Income Strategy Fundhares O shares, starting with a $10,000 purchase of PDX, presented on a split-history-adjusted basis factoring in the complete PDX split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
01/31/2019 |
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End date: |
04/26/2024 |
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Start price/share: |
$20.10 |
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End price/share: |
$21.45 |
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Starting shares: |
497.51 |
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Ending shares: |
750.86 |
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Dividends reinvested/share: |
$5.53 |
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Total return: |
61.06% |
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Average Annual Total Return: |
9.53% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$16,105.72 |
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Years: |
5.24 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
01/31/2019 |
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End date: |
04/26/2024 |
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Start price/share: |
$20.10 |
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End price/share: |
$21.45 |
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Dividends collected/share: |
$5.53 |
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Total return: |
34.24% |
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Average Annual Total Return: |
5.79% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,427.11 |
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Years: |
5.24 |
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Date |
Ratio |
04/28/2006 | 2 for 1 |
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