PIMCO Corporate & Income Opportunity Fund (PTY)
Market Value | 1.63B |
Revenue (ttm) | 204.49M |
Net Income (ttm) | 201.00M |
Shares Out | 110.62M |
EPS (ttm) | 1.24 |
PE Ratio | 11.93 |
Forward PE | n/a |
Dividend | $1.43 (9.67%) |
Ex-Dividend Date | Feb 13, 2025 |
Volume | 455,244 |
Open | 14.75 |
Previous Close | 14.74 |
Day's Range | 14.72 - 14.76 |
52-Week Range | 13.23 - 15.10 |
Beta | 1.01 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About PTY
PIMCO Corporate & Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB. The fund focuses on intermediate maturity bonds across multiple industries and sectors. It employs fundamental analy... [Read more]
News
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PDO Vs. PTY: This Chart Shows Why I Now Prefer PDO
Since my last writing, the yield curve inversion has ended, improving the return/risk profile for both PDO and PTY. However, the improvement is not uniform, and I see a much more favorable return/risk...
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Dividend Harvesting Portfolio Week 205: $20,500 Allocated, $1,988.56 In Projected Dividends
The Dividend Harvesting Portfolio achieved a milestone by generating more than $200 in monthly dividend income, showcasing its ability to mitigate risk through diversification. Despite exiting Walgree...
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PTY: Opportunities Can Be Pricey, But Worthwhile
The PIMCO Corporate and Income Opportunity Fund has delivered solid returns over the past two decades, benefiting from high yields and strategic leverage. PTY's diversified holdings in mortgages, high...
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My 9.5% Income Portfolio-Like Mosaic Tiles
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Do...
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PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution fo...
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PTY: Priced For Perfection, But It Isn't Perfect
The PIMCO Corporate and Income Opportunity Fund aims for maximum total return through current income and capital appreciation. PTY often receives praise on Seeking Alpha, but its valuation has histori...
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This 9.9% Yield Could Radically Alter Your Life: PTY
Rates remain elevated and stubbornly high, creating a persistent discount to PAR for more fixed-income opportunities. This creates an environment of high yields and capital gains at maturity. I'm buyi...
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Two 10%+ Yields For Durable Passive Income (One Is My Favorite Pick)
To find 10%+ dividends with safe financial profiles, in my view, BDC and CEF segments are currently the best places to look. Having said that, I am still skeptical about 15%+ cases.
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PTY: A Big Change, Monthly Income And Around 10% Yield For Income Investors
The Fed's pivot and declining interest rates make income-producing assets like PTY attractive as risk-free rates fall, enhancing PTY's yield potential. PTY's updated investment focus on corporate secu...
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My 9.5% Income Portfolio: Better With Less, But Better
Risk is the probability of a negative event in the future. An abstract concept that is not measurable; otherwise it would not be risk. Ascertaining value is the first step in controlling risk, that is...
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PIMCO CEF Update: Muni CEF Coverage Mystery Is Solved, Sort Of
PIMCO Muni CEF distribution coverage levels have sharply fallen to around 80%, correcting previously inflated figures likely due to calculation errors. Taxable PIMCO CEFs delivered strong returns, wit...
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I Am Raking In Cash With RICs
When investing in a stock, you need to set your expectations appropriately. Regulated Investment Companies constitute a large portion of our portfolio. These investments tend to provide most of their ...
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CEFs Are Crushing It: How To Ride The 2024 Wave
Closed-End funds have been a source of significant upside and income in 2024. We have seen numerous distribution increases along with prices climbing. We look into the dynamics that have driven this s...
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PTY: Consistent Income Accompanied By Capital Preservation
PIMCO Corporate and Income Opportunity Fund (PTY) offers a consistent 9.7% dividend yield and has preserved capital over 22 years. PTY's diverse portfolio includes high-yield credit investments and be...
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3 ‘Post-Election' Dividends To Buy For Safety In 2025
Well, that was fast. As you no doubt know by now, stocks gave back their post-election bump nearly as fast as they took it.
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My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten year...
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PTY Remains One Of The Best Opportunities In Credit
PTY remains a Buy due to its strong performance, nearly 10% distribution yield, and PIMCO's active management amid stabilizing interest rates and economic conditions. The fund's diversified portfolio ...
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5 Monthly Payers For Retiring On Just $500K
If there's anything better than monthly dividends, well, we contrarians don't want to know about it. Getting paid on the same schedule as our bills (monthly!
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My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus o...
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These Income Machines Keep Pumping Cash: Yields Over 8%
The best sources of cash keep on producing cash without more input needed. This is the dream of passive income. I love collecting it monthly. Today, we reveal two outstanding sources of passive income...
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PIMCO Update | Sept 2024 | Muni Coverage Jumps (Maybe), Taxables See Significant ATM Benefit
The best taxable closed-end funds are PHK, PFN, and at slightly cheaper valuations, PDI and PCN; best munis are PMF, NY funds, and PCK in CA. Distributions are safe due to funds monetizing premiums vi...
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Dividend Harvesting Portfolio Week 186: $18,600 Allocated, $1,735.68 In Projected Dividends
The Fed has initiated a rate-cutting cycle, reducing rates by 50 bps, with potential further cuts in November, setting a positive market outlook. The Dividend Harvesting Portfolio reached an all-time ...
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PTY: Makes A Lot Of Sense Here
Favor bonds over stocks as we enter a Fed cutting cycle; actively managed bond funds like PIMCO Corporate and Income Opportunity Fund are compelling. The PTY closed-end fund's flexible mandate allows ...
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PTY: A Good Time To Shed Weight
The PIMCO Corporate and Income Opportunity Fund has produced double-digit returns since our latest coverage. Despite offering compelling returns, debt capital markets and the broader lending landscape...
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PTY's Risk Reward Setup Is Bullish While The Yield Is Still 9.96%
I'm bullish on PTY due to its strong yield and potential appreciation as the Fed enters a rate-cutting cycle. PTY offers a 9.96% yield, outperforming many income vehicles, and has consistently deliver...