PTY: 10% Yielding CEF That Needs To Be In Your Portfolio
Source: SeekingAlpha
2025-05-11 09:15:00 ET
Summary
- PTY did not respond to the initial tariff-shock well. It declined by ~12%.
- Yet, the Fund has largely recovered, in line with the high-yield credit spreads. Importantly, the distributions have remained stable.
- Currently, PTY operates with ultra-conservative leverage.
- Even with so much defensive leverage, the distributions are well-covered.
- In this article, I discuss in more details why I have become bullish on PTY.
PIMCO Corporate and Income Opportunity Fund (NYSE: PTY ) is a closed end fund that is managed by PIMCO. The primary focus of PTY is delivering high and stable current income streams, while preserving the value of the principal....
Read the full article on Seeking Alpha
For further details see:
PTY: 10% Yielding CEF That Needs To Be In Your Portfolio
Pimco Corporate & Income Opportunity Fund
NASDAQ: PTY
PTY Trading
-1.39% G/L:
$12.10 Last:
741,068 Volume:
$12.20 Open:
PTY Latest News
February 10, 2026 05:00:06 am
Forget Kevin Warsh. Here's Who Really Controls Rates (and an 11% Dividend to Profit)
December 15, 2025 05:00:44 am
2025's Hottest CEF Is a Trap. Here's What to Buy Instead for 9% Dividends
April 21, 2025 05:00:08 am
The $47,120 Mistake: Why 60/40 Portfolios Are Losing in the Tariff Turmoil
