PIMCO Corporate & Income Opportunity Fund (PTY)
| Market Value | 1.61B |
| Revenue (ttm) | 204.49M |
| Net Income (ttm) | 201.00M |
| Shares Out | 110.62M |
| EPS (ttm) | 1.24 |
| PE Ratio | 11.79 |
| Forward PE | n/a |
| Dividend | $1.43 (9.80%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 404,326 |
| Open | 14.59 |
| Previous Close | 14.54 |
| Day's Range | 14.55 - 14.59 |
| 52-Week Range | 13.00 - 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
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...
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 ...
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, Nov. 01, 2024 (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...
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!
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...
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...
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...
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 ...
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 ...
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...
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...
My 9.5% Income Portfolio-The View From The Top
Total Return is a percentage measure reflecting the total performance of a fund, incorporating both capital gains and the effect of dividends reinvested over a specific period. Net Asset Value is the ...
Monthly Income And 10% Yield: PTY
No rate changes will happen in August; that means you need to be proactive and not lackadaisical. PTY can readily help you meet your income needs for your entire retirement window. Cash is a must to m...
Magnify Your Income With These 2 Great Funds
We make a simple test case for income investing using two well-known funds. You can vastly out-produce the market's income annually. Retirement needs real cash to pay real expenses; we offer real answ...
PTY: PIMCO's Flagship CEF Is Still Worth Buying
PTY is a high yielding closed end fund managed by PIMCO, outperforming other funds in the lineup over the past twelve months. PIMCO is a powerful asset manager with $1.8 trillion AUM, nearly 85% of wh...
PIMCO Update May 2024 - PDX Levers Up
Coverage on PIMCO CEFs improved, with muni CEF coverage ratio up 9 points to 89% and taxable CEFs up over 20 points to 84.6%. Leverage changes varied among funds, with some cutting borrowing significa...
PTY: Despite Varying Tax Bills, 10% Yield Worth Considering
PIMCO's Corporate and Income Opportunity Fund has a long-track record of success in paying big monthly distributions and maintaining its net asset value relative to other CEFs. However, investors shou...
PTY Looks A Lot More Interesting After The Last Fed Meeting
PTY is a closed-end fund that has provided consistent income for investors despite its shares trading sideways. The risk-reward scenario for PTY looks interesting, as its underlying holdings could bec...
Earn A 10% Yield From A Great CEF: PTY
Being a fixed-income investor can be a very risky task. In the bond markets, it pays to be able to access experts. Leverage the unique skills of this management team to reap rewards.
PIMCO CEF Update: Income Volatility And Yield Curve Risk
We take a look at coverage, leverage, and performance metrics of the PIMCO CEF suite. Taxable and Muni PIMCO CEF coverage diverge further in March, with average taxable coverage at new lows over the l...
PTY CEF: 2023 Replay
PIMCO Corporate and Income Opportunity Fund currently yields around 10%, but risks should be considered when evaluating the attractiveness of the yield. The PTY closed-end fund has exposure to high-yi...
PTY: Monthly Paying CEF That Could Benefit From Rate Cuts
Adding different income sources to your portfolio potentially helps ride out market volatility and speed up compounding. PIMCO Corporate and Income Opportunity Fund consistently provides a high yield ...
PTY: Strong Gains Despite Worsening Prospects, Time To Rotate Out
PIMCO Corporate and Income Opportunity Fund has seen a 17.5% total return on a YTD basis, which goes hand in hand with my thesis back in late 2023. However, considering the underlying fundamentals and...
How To Tap Steady 9%+ Payouts As The Bond Market Booms
It's no secret that corporate bonds are booming. But what might come as a surprise to some folks is that we're not too late to get in.
I Am Buying The Dip: 2 Big Fat Dividends
When others panic, the calm ones can find outstanding opportunities. I am locking in fantastic yields for dividends I'll be paid for decades to come. We take a deeper look at two opportunities.