PTY News and Press, Pimco Corporate & Income Opportunity Fund From 12/03/21

We have had bearish ratings on all the popular PIMCO closed-end funds. The recent drop was in line with our expectations. We are about halfway through this decline, but we are upgrading a few names. For further details see: PTY, PFL, And PFN: Are We There Yet?

PDO is a closed end fund managed by PIMCO that employs a diversified portfolio to drive current income and total return. The fund offers an attractive 7.00% dividend yield. The fund is new to the PIMCO lineup with a defined termination date. We believe the current valuation is...

Jane's retirement accounts generated a total of $2,071.20 of dividend income for October 2021 vs. $2,102.77 of dividend income for October 2020. Jane's Traditional IRA had a balance of $424.3K as of October 31, 2021, vs. $303K on October 31, 2020. The estimated annualized yield is 4.8...

Record low-interest rates are pushing many investors into riskier leveraged high-yield credit funds like PTY. PIMCO's PTY has become riskier over the past two years, with a higher beta and volatility than most equity funds. PTY's net asset value declined recently as junk bond yiel...

As a tool to evaluate candidates for a long-term CEF portfolio, I formulated a simple “rule of thumb” based on the interactions among NAV performance, discount/premium on NAV, and leverage. For a safe CEF investment, this rule of thumb suggests first choosing CEFs with a...

I have favored the PIMCO CEFs for obtaining exposure to fixed income securities as PIMCO has a world-class active management skill. PDO is by far the cheapest means to obtain exposure to the expertise of PIMCO's asset managers. Although none of these funds are safe from future div...

Inflation is soaring and your income is shrinking but don't expect near-term rate hikes. Conservative investors have been dumping Treasuries to buy bond proxies in the past several months. 7.9% yielding PTY is the best-of-breed with 19 years of consistent income. PIMCO's flags...

Cash is giving negative 5% returns when you factor in inflation rates. Many floppy discs have outpaced the value change of cash - giving positive returns. Two big monthly dividends can do just the same! For further details see: Your Cash Is Trash: 2 Big Monthly Dividends...

PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) declares $0.1188/share monthly dividend, in line with previous. Forward yield 7.67% Payable Dec. 1; for shareholders of record Nov. 12; ex-div Nov. 10. See PTY Dividend Scorecard, Yield Chart, & Dividend Growth. For further detail...

You need to double-check that your strategy survives all market environments. Long-duration equities struggle in rising inflation environments, they reward you with cash later - less valuable cash. Get income today while it's worth more. For further details see: 2 Big Di...