PIMCO Corporate & Income Opportunity Fund
About: PIMCO Corporate & Income Opportunity Fds operates as a closed-end management investment company. It seeks to maximize total return through a combination of current income and capital appreciation. The fund invests a majority of the total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as U.S. Government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
149% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 35
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
6% more capital invested
Capital invested by funds: $313M [Q4 2024] → $333M (+$19.9M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
2% less funds holding
Funds holding: 190 [Q4 2024] → 186 (-4) [Q1 2025]
6.99% less ownership
Funds ownership: 19.68% [Q4 2024] → 12.69% (-6.99%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for PTY.
Financial journalist opinion
Based on 6 articles about PTY published over the past 30 days
Positive
Seeking Alpha
3 days ago
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.
Neutral
Seeking Alpha
4 days ago
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.
Negative
Seeking Alpha
1 week ago
PIMCO CEF Update: Falling Coverage And Key Secular Themes
PIMCO taxable CEFs face declining distribution coverage due to lower leverage. Premium valuations have deflated for some funds after distribution cuts, while PIMCO national Muni CEFs now offer better relative value. PIMCO expects a steeper yield curve and views credit valuations as fairly rich - echoing our sentiment.
Neutral
GlobeNewsWire
1 week ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, July 01, 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 for each Fund's common shares as summarized below.
Positive
Seeking Alpha
3 weeks ago
Don't Retire Without These 10%+ Yields
10%+ yields generally bring too many risks for being included in retirement portfolios. But in this article, I discuss two defensive 10%+ yield plays, which could fit well into retirement investing strategies. I also provide relevant details, which justify my views.
Positive
Seeking Alpha
3 weeks ago
Collect Double-Digit Yields From Niche Fixed-Income
Imagine a realm so hard to reach that you need special tools to get to it, but it's loaded with income opportunities. We find ways to tap into that realm's cash flow to enrich your portfolio. Stop dreaming and start dancing in the dividends raining down all around.
Neutral
GlobeNewsWire
1 month ago
PIMCO Closed-End Funds Declare Monthly Common Share Distributions
NEW YORK, June 02, 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 for each Fund's common shares as summarized below. The distributions are payable on July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.
Neutral
Seeking Alpha
1 month ago
PTY: Now Is Not A Great Entry Point In My View
I maintain a 'hold' rating on PTY due to its persistently high premium to NAV, making it an expensive entry point. PTY remains heavily exposed to high yield credit, which I view as risky given current macroeconomic and trade uncertainties. While the fund's diversification and active management are positives, they do not outweigh my concerns about valuation and sector risk.
Positive
Seeking Alpha
1 month ago
PTY: Balancing A Sweet Yield With A Significant Premium
PTY offers a strong 10.4% yield and has an exemplary long-term track record, but currently trades at an 18.2% premium to NAV. Pimco's active management and tactical use of leverage have historically generated alpha, but today's environment is less favorable for sustaining high distributions. The DRIP program and tactical share issuance add value for long-term holders, but buying at a high premium carries significant risks.
Positive
Seeking Alpha
1 month ago
PIMCO Update | May 2025 | Valuations Remain Compelling, NAVs Resilient
PIMCO taxable closed-end funds, or CEFs, remain attractive after recent volatility, with PTY and PCN offering compelling value due to compressed premiums and solid fundamentals. Leverage across PIMCO funds is at multi-year lows, reflecting prudent management amid higher borrowing costs and uncertain market conditions. Coverage ratios dropped mainly due to currency moves, but I do not anticipate distribution cuts, especially for muni CEFs, given historical resilience.
Charts implemented using Lightweight Charts™