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 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
114% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 36
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
8% more capital invested
Capital invested by funds: $288M [Q3] → $312M (+$24M) [Q4]
6% more funds holding
Funds holding: 177 [Q3] → 187 (+10) [Q4]
1.51% more ownership
Funds ownership: 18.1% [Q3] → 19.61% (+1.51%) [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 5 articles about PTY published over the past 30 days
Negative
Seeking Alpha
1 week ago
PTY Vs. PDI: This Is The Wrong Time For PDI
Since my last analyses on PDI and PTY, the spread between short and long treasury rates has become negative, resulting in an inverted yield curve. This heightened risks for PDI more than PTY because of PDI's larger exposure to mortgage-related assets and also its heavier leverage. These considerations have led me to downgrade my PDI rating to sell.
Neutral
GlobeNewsWire
2 weeks ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, April 01, 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 May 1, 2025, to shareholders of record on April 11, 2025, with an ex-dividend date of April 11, 2025.
Neutral
Seeking Alpha
3 weeks ago
PIMCO CEF Update: Tight Spreads Drive A Derisking Across Taxable Funds
PIMCO's taxable CEFs have seen a significant increase in distribution coverage, likely more driven by interest rate swaps rather than reduced leverage costs. PIMCO has sharply reduced leverage and duration risk across its taxable CEFs, positioning defensively amid tight credit spreads and low longer-term rates after the first Fed cut. Valuations have deflated slightly, with the average taxable premium just above 10%; PIMCO Muni CEF valuations are reasonable, especially for CA and NY state funds.
Positive
Seeking Alpha
3 weeks ago
Love Dividends? Big Income In Bull And Bear Markets: PTY
Stop asking yourself if you should have exposure to the credit market and ask yourself why you're missing out on all the income it generates. The credit market can be a confusing place, and leveraging experts can be a wonderful idea. Collect income while others do the hard work for you.
Positive
Seeking Alpha
3 weeks ago
PTY: Improved NAV Health Reinforces Strength
PIMCO Corporate and Income Opportunity Fund (PTY) offers a 10% dividend yield, with a diverse debt investment portfolio and conservative leverage strategy. PTY's NAV has improved over two consecutive periods, but dividend sustainability is questionable due to high interest rates and reliance on net realized gains. The fund's price trades at a 22.5% premium to NAV, closer to its three-year average, making it an attractive entry point.
Neutral
Seeking Alpha
1 month 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 month 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
1 month 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 month 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
1 month 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.
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