PTY News and Press, Pimco Corporate & Income Opportunity Fund From 12/21/22

Summary In "normal" markets we often have a choice between earning our target returns (8-10%) either through (1) high-yield, low-growth fixed income investments, or (2) low-yield, higher growth equity investments. The former (credit investments, like bonds and loans) tend to be taxed at...

Today we’re going to delve into a powerful strategy that can “convert” the bounce we’re seeing in the bond markets into a cool $100K income stream in retirement. Best of all, this simple approach can help you do this without touching a penny of your nest egg. O...

Summary Santa is delivering big special distributions this month. Fixed-income securities are trading at deep discounts and present meaningful opportunities for long-term investors. History is repeating itself with bonds, and you can get paid handsomely to watch the rerun. Yield...

Summary We share data on many of the biggest and most-popular big-yield CEFs. We have a special focus on Guggenheim's widely-popular Strategic Opportunities Fund (GOF), currently yielding over 13%, but trading at a large premium to its net asset value. We also review a popular lever...

Summary SaltLight Capital Management started in 2015 and has grown tremendously, with assets under management doubling each year. Our investment process is continuously evolving. Despite the market downturn our cumulative redemptions are a mere basis points of the fund. We are...

Summary We share data on 100-plus big-yield opportunities, sorted into four categories: Closed-end funds, master limited partnerships, real estate investment trusts, and business development companies. We dive deeper into four specific opportunities (one from each category) that w...

Summary As the market has become highly uncertain, and chances of recession still persist, investing in fixed income securities becomes a wise option. PHK consistently generated exceptionally high yield, and is less likely to have a distribution cut, as its investments still gener...

Summary PTY has had a rough go of things in 2022. Recent performance shows some stabilization, but total return is still negative since my last article. Pressures include economic concerns and a rising USD. Both of these factors could very well remain in place for the rest of the ...

Summary Ten months of this troubling 2022 have passed, and my overall portfolio is beginning to take its final shape. Some positions have long since been completed, while for others, I am taking small acquisition steps each time the market turns downward. In spite of everythin...

Summary Cash was made to appear to be trash by lowering risk free rate. The relentless bid in assets actually made cash the king of all trades. We look at the giant yields on PTY and PFN and see if they have been punished enough to merit a buy. The cycle never changes, o...