PIMCO CORP.+INCOME OPP.FD

Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.» Mehr auf seekingalpha.com

PTY remains a Buy due to its strong performance, nearly 10% distribution yield, and PIMCO's active management amid stabilizing interest rates and economic conditions. The fund's diversified portfolio and flexible investment mandate have enabled it to outperform both bond and equity markets, even during volatile periods. Rate cuts by the Federal Reserve are expected to benefit high-yield credit, the largest portion of PTY's portfolio, enhancing its net asset value.» Mehr auf seekingalpha.com

NEW YORK, Nov. 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 December 2, 2024 to shareholders of record on November 12, 2024, with an ex-dividend date of November 12, 2024.» Mehr auf globenewswire.com