PKO News and Press, Pimco Income Opportunity Fund of Beneficial Interest From 09/12/20

Co-produced with Beyond Saving We recently wrote an article " Juicing Your Retirement Yield With CEFs " where we discussed the power of CEFs to provide your portfolio with a high-level of current income. One of the CEFs we highlighted in that article was the PIMCO Dynamic Credit Income ...

Author's note : This article was released to CEF/ETF Income Laboratory members on Sep. 1, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in...

Coverage and UNII Update The new report came out with a lot of questions surrounding the low coverage ratios. It led to a significant sell off in some of the funds: PIMCO Income Opp ( PKO ): -2.66% PIMCO Dynamic Income ( PDI ): -1.58% PIMCO Dynamic Credit & Mort ( PCI ): -0.63%...

PIMCO recently released their July distribution coverage figures, creating a lot of consternation in the income investor community. In this article, we discuss some of the surprises of the release, particularly in the taxable space. We continue to maintain an allocation to the High Income Fund...

I’ve Got a Dream “On September 20, 1973, the day before the lead single from his fifth album, I Got a Name , was released, Croce, along with five others, was killed in a plane crash at the height of his popularity. Croce's music continued to chart throughout the 1970s follo...

Author’s note: This article was released to members of CEF/ETF Income Laboratory on July 27, 2020. Please check latest data before investing. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 50...

NEW YORK, Aug. 03, 2020 (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 dis...

Author's note: This article was released to members of CEF/ETF Income Laboratory on July 21. Please check latest data before investing. Dear CEF/ETF Income Laboratory members, I would like to welcome the new members who have joined us recently. Newer members should check out the " Gett...

Taxable PIMCO CEFs remain one of the best-performing and hence best-regarded funds in the world of income investing. There are many drivers behind the stellar track record: elevated leverage, exotic holdings, the use of auction-rate preferreds, at-the-market offerings and others. In this artic...

Main Thesis The purpose of this article is to evaluate the PIMCO Income Opportunity Fund ( PKO ) as an investment option at its current market price. This is a fund I continue to prefer when it comes to PIMCO CEFs, although my outlook is starting to get a bit more neutral on the fund. There ...