PTY News and Press, Pimco Corporate & Income Opportunity Fund From 12/20/21

It's time to load up on these opportunities before they are overbought. Don't follow the crowd, be ahead of them. That's key to long-term success. We buy income, reinvest income, and get even more income. For further details see: 2 Big Dividends I'm Loading Up On

BlackRock Multi-Sector Income Trust (BIT) is a fixed income closed-end fund. The fund has exhibited an extraordinary resilience in the face of the Fed tapering announcement and increased rates. The fund is running negative duration via swaps. BIT has trounced the vaunted PIMCO...

This Closed End Fund has underperformed as we anticipated. The two distributions cuts certainly did not help. We look at the current pricing and discuss what we think about its prospects today. For further details see: FFC: Preferred Share Fund Gets Cheaper After Distrib...

PTY has seen a double-digit drop over the past three months. The decline was predictable, but the speed at which it occurred has taken some by surprise. With this drop, PTY is now trading at a much more reasonable valuation, limiting the downside risk going forward. However, it is sti...

Taxable PIMCO CEFs continue to be a mainstay of many income portfolios due to their strong returns and consistent alpha generation. In this quick update, we revisit our mantra that investors ought to pay attention to NAV distribution rates of the taxable suite if they care about poten...

NAV performance, discount on NAV, and leverage constitute the three main parameters of my rule of thumb to select funds for a long-term CEF portfolio. I’m contemplating adding a fourth metric, Total Return, which is calculated based on the amount of distributions plus the chang...

PDI is a closed end fund managed by PIMCO that utilizes a diversified portfolio to drive current income and total return. The fund is one of PIMCO’s flagship CEFs, outperforming many other fixed income driven CEFs. PDI recently merged with PCI and PKO consolidating similar ...

Two gifts with yields up to 8.7% that should be found under your portfolio's tree this year. The time to buy is when everything is on sale. Don't follow the pack blindly. Set up your income portfolio for success in 2022. For further details see: 2 High Yield Gifts To Put...

How long will your retirement be? It is difficult to plan a budget when you don't know how long you need your money to stretch. The traditional approach relies on selling off your assets, which will mean that you will eventually run out of assets. We share a method that allows...

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?