PIMCO Corporate & Income Opportunity Fund (PTY)
NYSE NYSE Primary Summary
PTY Chart
10% Retirement Dream: PTY
Bond prices were hit hard by climbing rates, making a persistent income opportunity. Buying out-of-favor sectors can strongly boost your income stream. Retire in wealth and splendor with a retirement paid for by the market.
PTY Vs. PDO: Which 10%+ Yielding PIMCO Fund Is The Better Buy?
PTY and PDO are two of PIMCO's most popular high-yield funds. Which is the better buy? PDO enjoys a lower premium and higher yield, but PTY's lower costs and strong track record make it our preferred pick.
PTY Vs. GOF: This Chart Tells Me To Stay Away From GOF
Recent events have compressed credit spreads to the thinnest levels in the past 4 decades or so. This leads use to see a poor reward/risk ratio for Guggenheim Strategic Opportunities Fund given its large exposure to high-yield corporate bonds. PIMCO Corporate and Income Opportunity Fund is better positioned than GOF due to its larger allocation to government securities.
PIMCO Corporate & Income Opportunity Fund Dividends
| PTY 2 days ago Announced | Monthly | $0.12 Per Share |
| PTY 1 month ago Paid | Monthly | $0.12 Per Share |
PIMCO Corporate & Income Opportunity Fund Earnings
| PTY 2 days ago Announced | Monthly | $0.12 Per Share |
| PTY 1 month ago Paid | Monthly | $0.12 Per Share |
PIMCO Corporate & Income Opportunity Fund (PTY) FAQ
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PIMCO Corporate & Income Opportunity Fund Profile
| NYSE Exchange | US Country |
Overview
The PIMCO Corporate & Income Opportunity Fund is a specialized closed-end fund developed to cater to investors looking for a balance between income generation and capital growth. Managed by PIMCO, a leading authority in the fixed-income investment space, this fund taps into a broad spectrum of securities, with a heavy focus on corporate debt. By strategically investing in a mix of investment-grade bonds and higher-yield securities, alongside other potential income sources like government and mortgage-backed securities, it seeks to deliver substantial returns. Its strategy is adept at navigating the complex dynamics of the credit markets and economic cycles, positioning the fund as a crucial player in financing corporate activities while offering diversified investment opportunities in terms of credit quality and duration to its clientele.
Products and Services
The PIMCO Corporate & Income Opportunity Fund offers a variety of investment avenues, with each component carefully selected to bolster its objective of income generation and capital appreciation. Below are the key components of its investment strategy:
- Corporate Debt Obligations: The backbone of the fund's portfolio, corporate debt obligations include a wide array of bonds issued by companies. These range from safer, investment-grade bonds to high-yield securities that offer higher returns at a greater risk.
- Government Securities: As part of its diversified strategy, the fund also invests in government securities. These assets are typically seen as low-risk and provide a stable income stream, contributing to the fund's goal of generating regular income for its investors.
- Mortgage Securities: Including mortgage-backed securities in the portfolio allows the fund to tap into the real estate market indirectly. These securities offer another layer of diversification and income potential, given their different risk and return profiles compared to corporate bonds and government securities.
- Other Income-Producing Assets: Beyond the primary focus areas, the fund explores additional opportunities in various income-producing assets. This approach enhances its ability to adapt to changing market conditions and to seek out the best possible returns for its investors.
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