PTY News and Press, Pimco Corporate & Income Opportunity Fund From 03/02/23

Summary We provide a January update for the PIMCO CEF taxable suite. Taxable and Muni funds continued to deleverage in January despite rising NAVs - in effect PIMCO is deleveraging over and above what is already done by NAVs. This dynamic is likely due to the poor economics of holdi...

Summary Jane's retirement accounts generated a total of $2,506.30 of dividend income for January 2023 vs. $2,258.71 of dividend income for January 2022. Jane's Traditional IRA had a balance of $435.8K as of January 31, 2023, vs. $435.7K on January 31, 2022. The estimated annualized divi...

Full-year revenue growth of 8%, including highest organic growth in over a decade Third consecutive quarter of double-digit organic revenue and operating profit growth Management expects continued strong revenue and profit growth in 2023 4Q Highlights : R...

Summary Entry and exit points are important for all investments. PTY and PDI show poor returns over recent years due to badly mispriced asset prices. Today's setup is extremely bad as well. We tell you 5 reasons to run away. We have covered the PIMCO junk bond funds previo...

Summary 17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results. DEX tender offer expires. A new corporate actions tracker for our members. Author’s note: This article was released to CEF/ETF Income Labor...

Summary The PIMCO Dynamic Income Fund and the PIMCO Corporate & Income Opportunity Fund appear to be appealing for several good reasons. Their yields of 10%~12% are 3~4 times more than risk-free rates and also slightly above their own historical averages. Nonetheless, I see both...

Summary Pioneer High Income Fund is a fixed income closed-end fund. The vehicle is almost fully covering its 9.7% dividend yield now and has performed fairly robustly in the past year. Interesting to note is that the fund has catastrophe bonds in its composition (called 'Event-linke...

Summary Today, we would like to discuss one of our early-stage investments, Roblox. We see Roblox as a company with the potential to ‘matter’. Despite potential scepticism, we firmly believe in the potential of Roblox as a promising investment opportunity. We hypot...

Summary We provide a December update for the PIMCO CEF taxable suite. Most funds deleveraged further while PDO added borrowings. Coverage continued to drop across all funds except PGP with only two funds now having coverage over 100%. We discuss the recent shift in the swaps por...

RICHMOND, Va., Feb. 02, 2023 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO), the global leader in total cash management, route-based secure logistics and payment solutions, will host a conference call on Wednesday, February 22, at 8:30 a.m. (ET) to review fourth-quarter and full year 2...