PKO News and Press, Pimco Income Opportunity Fund of Beneficial Interest From 10/08/20

We go through the dynamic macro picture with lots of moving parts as we culminate with the election in less than 40 days. We discuss the significant movement we saw in the CEF market in the last week, mostly lower, thanks to significant selling. There will be a report out tomorrow...

Premiums and discounts are an important core metric that is vital to proper CEF investing. While it is more pertinent to CEFs, ETFs also can trade at discounts and premiums - this is generally in very volatile market environments though. We dive into examples and explaining this i...

Six of eight indexes on our world watch list posted losses through September 28, 2020. The top performer is China's Shanghai with a gain of 5.49%. Coming in last is London's FTSE 100 with a loss of 21.41%. For further details see: World Markets Update: September 28, 2020...

We take a look at the August coverage figures alongside the annual shareholder reports. If you were confused by the July coverage figures, you're going to hate the August report sequel. The circumstances around the strange income levels over the past 2 months suggest that they are...

It seems that again the UNII report was affected by the fall in the US dollar which further reduced coverage ratios. So far in September, the dollar is up moderately, indicating that a rebound in coverage ratios is highly probable. PIMCO muni CEFs are for the first time in a long ...

The weak trend in global trade and growth will not be enough to support risky assets such as equities in the coming months. The recent 10%+ consolidation in equities clearly shows how vulnerable is the market currently 'without' central banks and governments' help. Leading indicat...

We go through what is an interesting macro picture including why the markets sold off- blame Robinhooders playing with options! Interest rates eased back down - again- after spiking. We think this could be a recurring theme for the rest of the year. Brief spikes with some rate fears. ...

A Sense of Freedom I love music. From the time I was a child, I always loved music. Although some of my friends played guitar, I never learned to play an instrument. However, I always listened to my audio cassettes when I was a teenager. Even today, I usually spend time in the company of goo...

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 stan...

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 ...