PTY News and Press, Pimco Corporate & Income Opportunity Fund From 09/28/22

Summary Recession risks are ever-present, and we must be aware and prepared. Don't gamble all your money on one predicted outcome; the future is fluid, and only the past is set in stone. We provide a peek at what HDO members get weekly as a market outlook. Co-produ...

Summary PIMCO closed end funds continue to struggle against macro forces. PTY and PFL went lower since our last article and vindicated our decision to stay out. We analyze the setup today and tell you if a change in rating is warranted. Consistency is the key to deliveri...

Summary Jane's retirement accounts generated a total of $1,721.18 of dividend income for August 2022 vs. $1,274.88 of dividend income for August 2021. Jane's Traditional IRA had a balance of $417K as of August 31, 2022, vs. $424.6K on August 31, 2021. The estimated annualized divi...

Summary Saving is important, especially when inflation is high. Not saving enough is one of the biggest investor mistakes according to Warren Buffett. Two quality CEFs to supercharge your savings. For further details see: Buffett Says: 'Don't Make Thi...

Summary August was a month of significant changes in the structure of my overall portfolio, which now contains 22 securities. Thanks to the gain from the last securities that I purchased in the spring, I was able to close all previous positions that had been showing a continuous l...

After 76 weeks and $7,600 allocated, the Dividend Harvesting portfolio is generating $542.41 in annual dividend income. The Dividend Harvesting portfolio has an 89.47% record of finishing the week in the black since its inception, 66/76 weeks. In week 76, I added to MO, ARCC, PDI,...

The BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund (DCF) is a CEF with a December 2024 target maturity date. The fund's collateral has a short average effective duration of 1.47 years. The CEF has a high allocation to subordinated CLO tranches and generally ha...

The market is now in bear territory, which makes selling shares risky. Investing for immediate income can reduce or eliminate the need to sell shares and avoid the problems of selling in a down market. CEFs with well-covered distributions offer both safe income streams and are pri...

PTY invests across fixed income sectors, targeting high-yield income opportunities in support of a 10% distribution yield. The fund has a long record of outperforming credit benchmarks, although the challenging macro environment this year has resulted in significant volatility. We...

After 74 weeks and $7,400 allocated, the Dividend Harvesting portfolio is generating $523.26 in annual dividend income. The Dividend Harvesting portfolio has an 89.19% record of finishing the week in the black since its inception, 66/74 weeks. In week 74, I took my positions in VZ...