PTY News and Press, Pimco Corporate & Income Opportunity Fund From 11/11/20

To review, Ackman's Pershing Square made a killing earlier this year, paying a tiny premium to purchase corporate credit protection. When the pandemic panic hit, the value of that protection soared. At roughly the same time Ackman in mid-March appeared on CNBC, more or less in tears about how...

Coverage rebounded in September as the dollar rallied off the interim lows. We take a hard look at what the dollar is doing so far in October to forecast ratios. The PIMCO muni funds look fundamentally the healthiest they have been for many years now. The average coverage ratio is 106...

The 10-year Treasury yield is up 10.5 basis points to 0.92% - its highest level since the March panic.The moves comes after interim data from the Pfizer/BioNTech Covid-19 vaccine trial showed 90% effectiveness after the second dose.The iShares 20+ Year Treasury Bond ETF (TLT) is down 2.1...

HFRO is trading at a staggering 35% discount and +11% yield. The market clearly does not believe HFRO's NAV is reliable. We take a look at HFRO's Level 3 holdings. For further details see: Rare 11% Yield And 35% Discount: HFRO

Almost one year ago, I built an income portfolio based on 15 closed-end funds (CEFs) that I judged to have the best net asset value (NAV) performance since inception. The distributions from almost all of my CEFs have remained intact despite the rivers of ink predicting massive cuts in...

Recently, the topic of fund-sponsored DRIPs came up, and the discussion of which brokers offer them and which don't. In the era of $0 commissions, it is important to focus on features that can set brokers apart. It might not be a free puppy, but participating in a fund-sponsored D...

Often we learn valuable lessons that could've completely changed our lives if we knew them earlier. Time travel is apparently mathematically possible, but not feasible currently. Would your 20-year-old self listen to the older more-experienced you? For further details see: ...

We regularly write about multi-basket income strategies. They mostly have similar underlying principles but vary in terms of income needs, growth goals, and risk levels. We will go over our thesis as to how a diversified income method with low volatility could make you financially ind...

Residential real estate continues to enjoy very strong fundamentals despite the Covid-19 pandemic. Homeowner equity is up, mortgage rates are down and apartment rent collections remain strong. We look at 3 high-yielding picks that take advantage of these fundamentals. For fu...

PTY has proven to be one of the best fixed-income CEFs ever. Complexity creates opportunity and today's fixed-income market is full of it. There are plenty of hazards for retail investors. For further details see: PTY: Safest +9% Yield Cash Machine, Paid Monthly