PIMCO Corporate & Income Opportunity Fund (NYSE:PTY – Get Free Report) saw an uptick in trading volume on Tuesday . 397,366 shares traded hands during trading, a decline of 32% from the previous session’s volume of 584,750 shares.The stock last traded at $14.39 and had previously closed at $14.39.
PIMCO Corporate & Income Opportunity Fund Stock Performance
The company’s 50-day moving average price is $14.27 and its 200-day moving average price is $14.32.
PIMCO Corporate & Income Opportunity Fund Cuts Dividend
The business also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be given a $0.1188 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.43 dividend on an annualized basis and a yield of 9.89%.
Institutional Investors Weigh In On PIMCO Corporate & Income Opportunity Fund
About PIMCO Corporate & Income Opportunity Fund
PIMCO Corporate & Income Opportunity Fund is a closed-ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets across the globe. It invests in corporate debt obligations rated in the lowest investment grade category Baa or BBB and in the highest non-investment grade category Ba or BB.
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