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PTY - PIMCO CEFs Are Forced To Deleverage As Market Catches Up With Them
May, 31 2022 11:14 PM
Pimco Corporate & Income Opportunity Fund
For the first time since the broad-based forced deleveraging during the COVID crash, the PIMCO taxable funds have been forced to shed assets. We discuss the level of the deleveraging as well as the drivers and likelihood of distribution cuts. We also highlight coverage and other key metrics. For further details see:
PIMCO CEFs Are Forced To Deleverage As Market Catches Up With Them
Stock Information
Company Name:
Pimco Corporate & Income Opportunity Fund
Stock Symbol:
PTY
Market:
NYSE
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