PTY Has Been Holding Steady While Generating Monthly Income, Yielding Over 10% [Seeking Alpha]
Pimco Corporate & Income Opportunity Fund (PTY)
US:NYSE Investor Relations:
pimco.com/en-us/investments/closed-end-funds/corporate-income-opportunity-fund
Company Research
Source: Seeking Alpha
I remain bullish on PTY, as I anticipate appreciation of its underlying assets and the continuation of monthly income during a Fed easing cycle. While there are risks associated with PTY, such as complex investments and exposure to global macro events, I see potential upside and plan to increase my position. The PIMCO Corporate and Income Opportunity Fund ( NYSE: PTY ) continues to distribute income at the same pace since September of 2021. There has been some speculation as to whether the amount of income generated would remain intact as higher rates put additional pressure on corporations. Throughout the entire Fed hiking cycle, PTY has continued to produce an annualized distribution of $1.43 and pays a monthly distribution of $0.12. I am still bullish on PTY as we head into a Fed easing cycle because PTY's underlying assets should appreciate while generating the same amount of income. Shares of PTY seem to have bottomed in the fall of 2023, and I believe shares can continue in
Show less
Read more
Impact Snapshot
Event Time:
PTY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PTY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PTY alerts
High impacting Pimco Corporate & Income Opportunity Fund news events
Weekly update
A roundup of the hottest topics
PTY
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form SC
- 4/15/24 - Form SC
- PTY's page on the SEC website