PIMCO Corporate & Income Opportunity Fund (NYSE:PTY – Get Rating) announced its monthly dividend on Thursday, Dec. 1, reports investing.com. The investor of record on Monday, December 12th will receive his dividend of 0.1188 per share from the investment management company on Tuesday, January 3rd. This represents his $1.43 dividend and his 10.88% dividend yield on an annual basis. The ex-dividend date for this dividend is Friday, December 9.
PIMCO Corporate & Income Opportunity Fund Price Performance
PTY shares opened at $13.10 on Friday. The PIMCO Corporate & Income Opportunity Fund hits a 52-week low of $11.38 and a 52-week high of $18.00. The 50-day moving average for this business is $12.31 and the 200-day moving average is $13.12.
PIMCO Corporate & Income Opportunity Fund Institutional Trading
Recently, several institutional investors and hedge funds have been buying and selling stocks. NewEdge Advisors LLC increased his PIMCO Corporate & Income Opportunity Fund equity by 2.0% in the first quarter. NewEdge Advisors LLC now owns 44,450 shares of the investment management company worth $683,000 after purchasing an additional 889 shares during this period. International Asset Investment Management LLC boosted his PIMCO Corporate & Income Opportunity Fund share by 4.1% in the first quarter. International Assets Investment Management LLC now owns 58,244 shares of the investment management company worth $914,000 after purchasing an additional 2,274 of his shares during this period. Advisory Services Network LLC increased its PIMCO Corporate & Income Opportunity Fund holdings by 21.3% in the first quarter. Advisory Services Network LLC now owns 17,398 shares of the investment management company worth $267,000 after purchasing an additional 3,058 shares during the previous quarter. Centaurus Financial Inc. increased its PIMCO Corporate & Income Opportunity Fund position by 7.3% in the first quarter. After purchasing an additional 4,500 shares during this period, Centaurus Financial Inc. now owns 66,213 shares of the investment management company worth $1,016,000. Finally, M&T Bank Corp increased its stake in PIMCO Corporate & Income Opportunity Fund by 5.5% in the third quarter. M&T Bank Corp now owns 96,585 shares of the investment management company, valued at $1,135,000, after purchasing an additional 5,000 shares last quarter. 9.35% of the shares are currently owned by hedge funds and other institutional investors.
PIMCO Corporate & Income Opportunity Fund Company Profile
(get rating)
The PIMCO Corporate & Income Opportunity Fund is a closed-end fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is jointly managed by Pacific Investment Management Company LLC. The fund invests in bond markets around the world. Invests in corporate bonds rated in the lowest investment grade category Baa or BBB and the highest non-investment grade category Ba or BB.
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