Pimco Corporate & Income Opportunity Fund (NYSE:PTY – Get Free Report) announced a monthly dividend on Friday, May 1st. Shareholders of record on Monday, May 11th will be given a dividend of 0.1188 per share by the investment management company on Monday, June 1st. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date of this dividend is Monday, May 11th.
Pimco Corporate & Income Opportunity Fund Trading Down 0.4%
Shares of PTY stock opened at $12.31 on Friday. The company has a fifty day moving average price of $12.22 and a two-hundred day moving average price of $12.84. Pimco Corporate & Income Opportunity Fund has a one year low of $11.58 and a one year high of $14.69.
Hedge Funds Weigh In On Pimco Corporate & Income Opportunity Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Aspect Partners LLC bought a new stake in Pimco Corporate & Income Opportunity Fund in the third quarter valued at approximately $25,000. Eastern Bank bought a new position in shares of Pimco Corporate & Income Opportunity Fund during the 3rd quarter worth approximately $26,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Pimco Corporate & Income Opportunity Fund during the 4th quarter worth approximately $27,000. CX Institutional acquired a new position in shares of Pimco Corporate & Income Opportunity Fund during the 3rd quarter worth approximately $32,000. Finally, GHP Investment Advisors Inc. bought a new stake in Pimco Corporate & Income Opportunity Fund in the 1st quarter valued at $32,000. Institutional investors own 10.25% of the company’s stock.
About Pimco Corporate & Income Opportunity Fund
The Pimco Corporate & Income Opportunity Fund (NYSE: PTY) is a closed-end management investment company sponsored by Pacific Investment Management Company LLC (PIMCO). The fund’s primary objective is to provide a high level of current income, with a secondary focus on capital appreciation. It seeks to achieve these goals through investment in a diversified portfolio of corporate debt securities, loan participations and other fixed-income instruments.
PTY primarily invests in a broad range of U.S.
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