PTY News and Press, Pimco Corporate & Income Opportunity Fund From 10/10/23

2023-10-10 14:22:12 ET Summary PIMCO Income Strategy Fund II offers a high yield of 12.90%, but this may indicate a potential distribution cut in the future. The PFN closed-end fund's performance has been lackluster, with a decline of 4.71% since July. Investors also lost money ev...

2023-10-09 05:00:21 ET I recently got a really good question from a reader, who wondered how our current market situation compares to the 2008–2009 crash. The short answer is that it really doesn’t. But the longer answer is much more interesting, and profitable, because it...

2023-10-03 12:29:33 ET Summary I evaluate the PIMCO Corporate and Income Opportunity Fund as an investment option. The fund's performance since my last review has been negative, and there are signs those losses could continue. The high premium, poor distribution coverage, and ...

2023-09-29 00:46:46 ET Summary We provide an August update for the PIMCO CEF taxable suite. Coverage remained steady at nearly 70% on average for taxable funds. Borrowings ticked higher but remain in a six-month range. We highlight some interesting tidbits from the latest ...

2023-09-28 15:37:13 ET Summary Amplify High Income ETF has underperformed the S&P 500 index, with a -33% price decrease and -11% total return since February 2021. The YYY ETF is a fund of closed-end funds with a high expense ratio of 2.72% and a portfolio heavily weighted towa...

2023-09-28 13:56:32 ET Summary PIMCO Income Strategy Fund offers a high current yield of 12.92%, but the market suggests it may be unsustainable in the future. The PFL closed-end fund's performance has been poor, falling 7.69% since July 2023, but still outperformed the S&P 50...

2023-09-25 10:27:49 ET Summary The PIMCO Energy & Tactical Credit Opps is transitioning from an energy equities closed-end fund to a credit fund. The fund will change its name to PIMCO Dynamic Income Strategy Fund and reduce its focus on energy investments. The move is exp...

NEW YORK, Sept. 20, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSE: PTY), PIMCO Corporate & Income Strategy Fund (NYSE: PCN), PIMCO High Income Fund (NYSE: PHK), PIMCO Income Strategy Fund (NYSE: PFL), PIMCO Income Strategy Fund II (NYSE: PFN), PIMCO California M...

2023-09-20 10:00:00 ET Summary The journey from a large premium to a large discount can be extremely harrowing. It also sets up some good entry points for those exercising prudence. We look at SPXX today and tell you why this covered call fund is the lesser of a few evils when...

2023-09-19 10:00:00 ET Summary Barings Corporate Investors focuses on privately-placed, below-investment grade debt investments with occasional equity attributes. PIMCO Corporate and Income Opportunity Fund has a similar goal of maximizing total return through a dynamic asset allo...