PIMCO Corporate & Income Opportunity Fund

Adding different income sources to your portfolio potentially helps ride out market volatility and speed up compounding. PIMCO Corporate and Income Opportunity Fund consistently provides a high yield through fixed income generation. PTY has top-tier management, a diverse portfolio, and a history of consistent distribution income, making it a reliable option for retirement investing.

PTY: Monthly Paying CEF That Could Benefit From Rate Cuts

PIMCO Corporate and Income Opportunity Fund has seen a 17.5% total return on a YTD basis, which goes hand in hand with my thesis back in late 2023. However, considering the underlying fundamentals and the overall interest rate outlook, there is a strong basis for exiting PTY despite the significant gains so far. In this article, I elaborate on the key aspects, which, in my opinion, justify the thesis of deemphasizing PTY.

PTY: Strong Gains Despite Worsening Prospects, Time To Rotate Out

Credit Suisse High Yield Bond Fund

Eaton Vance Limited Duration Income Fund

It's no secret that corporate bonds are booming. But what might come as a surprise to some folks is that we're not too late to get in.

How To Tap Steady 9%+ Payouts As The Bond Market Booms

ACRES Commercial Realty Corp.

When others panic, the calm ones can find outstanding opportunities. I am locking in fantastic yields for dividends I'll be paid for decades to come. We take a deeper look at two opportunities.

I Am Buying The Dip: 2 Big Fat Dividends

PIMCO Access Income Fund

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

PIMCO Income Strategy Fund

PIMCO Income Strategy Fund II

Pimco High Income Fund

Funds rely on at-the-market offerings and capital gains to make up for earnings shortfalls and maintain distributions. Coverage levels for taxable funds declined in January due to the falling value of the dollar. Net investment income production has been declining for several years, leading to potential distribution cuts and overvalued NAVs.

PIMCO Update Feb 2024 | PDX Makes The Move, Valuations Remain Rich

Ares Capital

BlackRock Science & Technology

Crescent Capital BDC Inc

Calamos Dynamic Convertible & Income Fund

Calamos Global Total Return Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Fidus Investment

Guggenheim Strategic Opportunities Fund

John Hancock Tax-Advantaged Dividend Income Fund

JPMorgan Equity Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

Barings Corporate Investors

John Hancock Premium Dividend Fund

Global X NASDAQ 100 Covered Call ETF

Cohen & Steers Quality Income Realty Fund

Royce Value Trust

Global X Russell 2000 Covered Call ETF

Special Opportunities Fund Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Cohen & Steers Infrastructure Fund Inc

Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, seeking to create a portfolio whose securities provide a steady cash flow over time and grow the nominal capital invested.

My 9% Income Portfolio - Harmony In Investment

Enbridge

Realty Income Corp

The markets were relatively flat this week, with a slight decrease in the S&P and a larger decline in the Dow.

Dividend Harvesting Portfolio Week 158: $15,800 Allocated, $1,398.55 In Projected Dividends

Eagle Point Credit

Cohen And Steers Total Return Realty Fund

CEFs are a great option for income investors due to diversification and legal requirements for high distributions.

CEFs: A Great Tool For Passive Income

PCM Fund

PIMCO Dynamic Income Opportunities Fund

PIMCO Dynamic Income Strategy Fund

Coverage for PIMCO CEFs has improved for muni funds but fell slightly for taxable funds.

PIMCO CEF Update: Performance Reversal And New Swap Shenanigans

Pimco California Municipal Income Fund II

Pimco California Municipal Income Fund

Pimco Global Stockplus & Income Fund

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

Pimco Municipal Income Fund III

Pimco New York Municipal Income Fund

Pimco New York Municipal Income Fund II

Pimco New York Municipal Income Fund III

Pimco California Municipal Income Fund III

PIMCO Strategic Income Fund Inc

NEW YORK, March 01, 2024 (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 April 1, 2024 to shareholders of record on March 11, 2024, with an ex-dividend date of March 8, 2024.

Pimco Closed-End Funds Declare Monthly Common Share Distributions

The PIMCO Corporate and Income Opportunity Fund has maintained its pace of generating income, despite speculation about the impact of higher rates on corporations. 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.

PTY Has Been Holding Steady While Generating Monthly Income, Yielding Over 10%

Adams Diversified Equity Fund

Oxford Lane Capital

For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those instruments are personal and depend on each investor's needs, financial means, and age.

My 9% Income Portfolio-In Search For Happiness

Medical Properties Trust

The Fed's recent message on interest rates was less accommodative than expected, but the key essence remains the same - interest rates have peaked and are set to go down this year. Yield-seeking investors could expect lower yields as the discount rate shrinks, that should prompt investment in high-yielding stocks now. However, investors have to still be careful before picking high-yielding positions as some of them might cut despite the relatively rosy outlook on the interest rate end.

2 Stocks Yielding Above 10% That Could Be Subject To Dividend Cut

Speculation over interest rate movements continues to drive price action in equity and credit markets. The PIMCO Corporate and Income Opportunity Fund is a high-yielding closed-end fund with a strong track record. PTY's portfolio leads the PIMCO closed end fund lineup over the past twelve months.

PTY: Buy PIMCO's Flagship CEF While Rates Stay High

Calamos Strategic Total Return Fund

Ellington Financial

EPR Properties

Gladstone Investment

Today we'll discuss five monthly dividends with yields between 7.3% and 16.7%. But let's be careful—market participants are showing signs of greed right now.

Retirement Income: Earn Up To 16.7% Each And Every Month

Aberdeen Income Credit Strategies Fund

KKR Income Opportunities Fund

We provide an update for the PIMCO CEF suite. Coverage for PIMCO CEFs saw marginal declines for Muni funds and remained nearly flat for taxable funds. Borrowing and leverage levels remained fairly steady.

PIMCO CEF Update: PIMCO Struggled To Outperform Last Year

Annaly Capital

Retail investors need to manage their expectations and understand that stock market volatility is normal. While it can be unnerving at times, it doesn't have to be frightening. Our goal is to have a portfolio that will generate the income we need every year – regardless of what happens in the economy. The best way to do this is to have a variety of holdings, in a variety of sectors that will perform differently in different economic environments.

Stocks Are Volatile: Why You Should Not Be Scared

My portfolio continues to make income perpetually into my wallet. Dividend income portfolios are a great tool to make passive income. I'm earning up to 10% yields, enjoying monthly dividends.

2 Magnificent Dividends To Generate Recurrent Income

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, assuming they are reinvested, plus the change in the NAV of the fund, be it positive or negative. However, managing our portfolio is not only about applying financial rules, because it is not certain that dividends can and will always be reinvested.

My 9% Income Portfolio-Living Off Dividends

SPDR Bloomberg High Yield Bond ETF

We provide a November update for the PIMCO CEF taxable suite. Coverage across PIMCO's tax-exempt funds increased slightly in November, while coverage for taxable funds decreased by around 10% on average. PIMCO appears to have taken advantage of the swoon in credit prices in September and October.

PIMCO CEF Update: PIMCO Trades The October Swoon

PIMCO Corporate and Income Opportunity Fund offers an attractive yield of around 10.6%. Yet, the dividend is underwater as there is a notable gap in the underlying coverage. The fact that most of PTY's AuM is placed in high-risk segments makes matters worse. Moreover, PTY carries ~27% of external leverage, which could magnify any further declines in PTY's holdings.

PTY: This 10% Yielder Is Underwater, But The Prospects Are Still Attractive

Like many of you, I was intrigued by the PIMCO Dynamic Income Opportunities Fund when it first came out. I always prefer funds with a longer history and, therefore, more data to evaluate. In PDO's case, I am glad I took the time to wait and evaluate.

PDO: Lessons I've Learned From PTY

Altria

The markets responded positively to CPI data, with the S&P 500 and Dow Jones both finishing up. The Dividend Harvesting Portfolio saw a rebound and finished the week up 1.53%. The dividend income generated in 2023 has exceeded that of 2022, with a projected forward dividend income of $1,300 for 2024.

Dividend Harvesting Portfolio Week 142: $14,200 Allocated, $1,252.06 In Projected Dividends

We provide an update for the PIMCO CEF suite. PIMCO took advantage of the recent back-up in yields and yield curve disinversion to add assets across the taxable suite. Muni CEF coverage continues to decrease, while taxable CEF coverage slightly improved.

PIMCO CEF Update: Getting Ready For PDX

$1 million isn't what it used to be, but will $2 million be enough to retire at age 55? You could use just long-term Treasuries to generate the income for a comfortable retirement. There's a way to generate more income and more cushion with that same $2 million.

News for PIMCO Corporate & Income Opportunity Fund ETF (PTY)