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Pimco Income Opportunity Fund of Beneficial Interest
With the August leverage numbers out from PIMCO, we take a quick look at the taxable suite and what the update means for investors. In terms of individual funds, we maintain an allocation to the PIMCO High Income Fund (PHK) in our High Income Portfolio due to its more defensive leverage stance and a superior ability to squeeze yield from the underlying portfolio given its very low fees and low leverage costs. We are also keeping an eye on the PIMCO Income Opportunity Fund (PKO) since its second-highest leverage level and