PIMCO Corporate & Income Opportunity Fund

Frequently Asked Questions About PTY

What does PTY invest in?

The PIMCO Corporate & Income Opportunity Fund (PTY) operates as a closed-ended fixed income mutual fund. It is overseen by Allianz Global Investors Fund Management LLC, with Pacific Investment Management Company LLC acting as co-manager. This fund strategically allocates capital within global fixed income markets, emphasizing corporate debt obligations. Its portfolio targets a specific credit profile, encompassing bonds rated at the lowest investment grade (Baa or BBB) and the highest non-investment grade (Ba or BB). Key investments include intermediate-maturity bonds, diversified across numerous industries and sectors. Investment selection is driven by a meticulous combination of fundamental analysis and a top-down approach, underpinned by the firm's in-house research capabilities. Established on December 27, 2002, the fund is domiciled in the United States.

What is the expense ratio of PTY?

PIMCO Corporate & Income Opportunity Fund (PTY) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.

What is PTY's dividend yield?

PTY's trailing-twelve-month yield is 12.26%, calculated from the sum of dividends over the past year divided by the current price.

How big is PTY?

PIMCO Corporate & Income Opportunity Fund (PTY) manages $2.46B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PTY actively managed or an index fund?

PTY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PTY launched?

PIMCO Corporate & Income Opportunity Fund (PTY) launched in December 2002 and is managed by PIMCO.