PTY News and Press, Pimco Corporate & Income Opportunity Fund From 12/05/23

2023-12-05 00:09:05 ET Summary PIMCO Dynamic Income Fund has lagged behind the S&P 500 index and is likely to continue underperforming due to a few key factors. The top factor in my view involves PDI's concentrated exposure to mortgages and high-yield credit. These exposur...

2023-11-24 10:00:00 ET Summary If you're a big-yield contrarian investor, the 9.2% yield Duff & Phelps Utility and Infrastructure Fund stands out like a sore thumb, as compared to 25 other top big yielders. Specifically, the fund has gotten slammed by its out-of-favor utilitie...

2023-11-23 09:00:00 ET Summary The markets responded positively to CPI data, with the S&P 500 and Dow Jones both finishing up. The Dividend Harvesting Portfolio saw a rebound and finished the week up 1.53%. The dividend income generated in 2023 has exceeded that of 2022, w...

2023-11-22 21:37:01 ET Summary We provide an update for the PIMCO CEF suite. PIMCO took advantage of the recent back-up in yields and yield curve disinversion to add assets across the taxable suite. Muni CEF coverage continues to decrease, while taxable CEF coverage slightly i...

2023-11-22 07:35:00 ET Summary $1 million isn’t what it used to be, but will $2 million be enough to retire at age 55? You could use just long-term Treasuries to generate the income for a comfortable retirement. There's a way to generate more income and more cushion wit...

2023-11-15 07:35:00 ET Summary PIMCO is seizing generational fixed-income opportunities through strategic reallocation during market uncertainty. The firm’s perceived “risky moves” are already paying off double-digit returns. PIMCO’s top CEFs PTY, P...

2023-11-14 07:35:00 ET Summary We've seen more uncertainty and increased volatility in the market recently. Investors need to be prepared for sell-offs. It's important to keep a clear head and not rush decisions in times of market volatility. Focus on your strategy, including ...

2023-11-13 08:00:00 ET Summary PIMCO taxable CEFs previously had high valuations, but now discounts are appearing across most funds. Leverage changes have been negative, with most funds reducing leverage by 20% to 40%+. My inclination is to favor PHK and PDI here, given the NA...

2023-11-07 08:45:00 ET Summary I am a hybrid investor who focuses on generating income through a diversified portfolio of individual equities, REITs, BDCs, ETFs, and CEFs. I believe that the Fed is nearing the end of its tightening cycle and that high-yield assets like PTY, a CEF ...

Record Third Quarter Revenue, Operating Profit and Operating Profit Margin Increased Full-Year Free Cash Flow Guidance to Top Half of Range - $350M - $375M AMS and DRS Revenue Exceeds 20% of Total Trailing Twelve-Month Revenue Year-to-Date Net Cash from Operations up 46% and Fre...