Pimco Corporate & Income Opportunity Fund (PTY) To Go Ex-Dividend on January 13th

Pimco Corporate & Income Opportunity Fund (NYSE:PTY) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 13th will be paid a dividend of 0.1188 per share by the investment management company on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 10.8%. The ex-dividend date of this dividend is Tuesday, January 13th.

Pimco Corporate & Income Opportunity Fund Stock Performance

Shares of NYSE PTY opened at $13.15 on Friday. Pimco Corporate & Income Opportunity Fund has a twelve month low of $11.70 and a twelve month high of $14.87. The company has a 50 day moving average of $13.16 and a 200 day moving average of $13.75.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PTY. Farther Finance Advisors LLC boosted its position in shares of Pimco Corporate & Income Opportunity Fund by 9.5% during the third quarter. Farther Finance Advisors LLC now owns 8,470 shares of the investment management company’s stock valued at $122,000 after buying an additional 735 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in Pimco Corporate & Income Opportunity Fund by 2.2% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 34,708 shares of the investment management company’s stock worth $483,000 after buying an additional 761 shares during the last quarter. Modern Wealth Management LLC lifted its stake in Pimco Corporate & Income Opportunity Fund by 6.0% during the 2nd quarter. Modern Wealth Management LLC now owns 13,826 shares of the investment management company’s stock valued at $192,000 after acquiring an additional 784 shares during the period. Beacon Financial Advisory LLC boosted its holdings in shares of Pimco Corporate & Income Opportunity Fund by 8.3% during the 2nd quarter. Beacon Financial Advisory LLC now owns 12,116 shares of the investment management company’s stock valued at $169,000 after acquiring an additional 929 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of Pimco Corporate & Income Opportunity Fund by 6.1% during the 3rd quarter. AE Wealth Management LLC now owns 18,399 shares of the investment management company’s stock valued at $266,000 after acquiring an additional 1,065 shares during the last quarter. Hedge funds and other 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.