PIMCO Corporate & Income Opportunity Fund
About: PIMCO Corporate & Income Opportunity Fds operates as a closed-end management investment company. It seeks to maximize total return through a combination of current income and capital appreciation. The fund invests a majority of the total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as U.S. Government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
105% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 37
94% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 16
7% more capital invested
Capital invested by funds: $291M [Q3] → $312M (+$21.4M) [Q4]
5% more funds holding
Funds holding: 178 [Q3] → 187 (+9) [Q4]
1.35% more ownership
Funds ownership: 18.25% [Q3] → 19.6% (+1.35%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PTY.
Financial journalist opinion
Based on 6 articles about PTY published over the past 30 days
Neutral
Seeking Alpha
5 hours ago
PTY Is A Haven In A Volatile Equity Market
Recent market volatility underscores the need for diversification and non-correlated assets to hedge against downturns, challenging traditional 60/40 portfolios. PIMCO Corporate and Income Opportunity Fund, a closed-end fund, continues to outperform, offering equity-like returns with a 9.8% yield, despite trading at a premium to NAV. PTY's flexibility in asset allocation, including high-yield and emerging market debt, and reduced leverage, has driven strong performance amid market stress.
Neutral
Seeking Alpha
1 day ago
Forget Growth: 5 Big Safe Yields Worth Considering
The stock market has been ugly (particularly growth stocks), and it could get much worse. Thankfully, however, there is another way. Income investing focuses on big, steady dividend and interest payments, thereby allowing investors to worry far less about price volatility (as long as those big income payments keep coming in). This report shares 5 big safe yield strategies (including a variety of top income ideas), and then concludes with an important takeaway about succeeding in this market.
Neutral
Seeking Alpha
3 days ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
Neutral
GlobeNewsWire
1 week ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on April 1, 2025 to shareholders of record on March 13, 2025, with an ex-dividend date of March 13, 2025.
Negative
Seeking Alpha
2 weeks ago
Very Bad News For Closed-End Funds
Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.
Positive
Seeking Alpha
4 weeks ago
PDO Vs. PTY: This Chart Shows Why I Now Prefer PDO
Since my last writing, the yield curve inversion has ended, improving the return/risk profile for both PDO and PTY. However, the improvement is not uniform, and I see a much more favorable return/risk profile in PDO. The thick yield spread between PDO and PTY suggests PDO's wide margin of safety, further augmented by its much lower price premium.
Positive
Seeking Alpha
1 month ago
Dividend Harvesting Portfolio Week 205: $20,500 Allocated, $1,988.56 In Projected Dividends
The Dividend Harvesting Portfolio achieved a milestone by generating more than $200 in monthly dividend income, showcasing its ability to mitigate risk through diversification. Despite exiting Walgreens Boots Alliance due to dividend suspension, the portfolio's profitability increased, emphasizing the importance of diversification with over 90 positions. Key additions this week include QQQI, AIPI, ARCC, STWD, and PTY, leveraging opportunities in ETFs, REITs, and high-yield investments amid market volatility.
Positive
Seeking Alpha
1 month ago
PTY: Opportunities Can Be Pricey, But Worthwhile
The PIMCO Corporate and Income Opportunity Fund has delivered solid returns over the past two decades, benefiting from high yields and strategic leverage. PTY's diversified holdings in mortgages, high yield credit, and foreign debt, with a focus on US-based debt, ensure stable income and dividend coverage, which is over 100% currently. Despite a high premium over NAV, PTY remains a buy for aggressive investors seeking high yields, but caution is advised due to potential premium fluctuations.
Positive
Seeking Alpha
1 month ago
My 9.5% Income Portfolio-Like Mosaic Tiles
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Dollar-Cost Averaging (DCA), a form of investing a constant amount at regular intervals. However, initiating a plan to buy stocks according to the logic of DCA presupposes awareness of the fluctuations in financial markets and their psychological implications.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on March 3, 2025 to shareholders of record on February 13, 2025, with an ex-dividend date of February 13, 2025.
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