PIMCO Corporate & Income Opportunity Fund (PTY)

NYSE: PTY · Real-Time Price · USD
14.74
+0.09 (0.61%)
Nov 8, 2024, 4:00 PM EST - Market closed
0.61%
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 Nov 12, 2024
Volume 861,151
Open 14.70
Previous Close 14.65
Day's Range 14.69 - 14.75
52-Week Range 12.93 - 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]

Sector Financials
Founded 2002
Country United States
Stock Exchange NYSE
Ticker Symbol PTY
Full Company Profile

News

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 ...

2 days ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCMPCNPCQPDIPDO
8 days ago - GlobeNewsWire

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!

Other symbols: AGNCDNPLTCPSEC
18 days ago - Forbes

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...

23 days ago - Seeking Alpha

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...

Other symbols: PFFA
5 weeks ago - Seeking Alpha

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...

Other symbols: PAXSPCKPCNPDIPFNPHKPMF
5 weeks ago - Seeking Alpha

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 ...

Other symbols: CTOMO
6 weeks ago - Seeking Alpha

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 ...

7 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

Other symbols: RVT
4 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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...

Other symbols: PAXSPCNPDIPDOPDXPFLPFN
5 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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.

6 months ago - Seeking Alpha

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...

Other symbols: PAXSPCMPCNPDIPDOPDXPFL
6 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 ...

7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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.

Other symbols: DHYEVV
7 months ago - Forbes

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.

Other symbols: ACR
8 months ago - Seeking Alpha

PIMCO Update Feb 2024 | PDX Makes The Move, Valuations Remain Rich

Funds rely on at-the-market offerings and capital gains to make up for earnings shortfalls and maintain distributions. Coverage levels for taxable funds declined in January due to the falling value of...

Other symbols: PAXSPCNPDIPFLPFNPHK
8 months ago - Seeking Alpha