Overview
Description
PIMCO Corporate & Income Opportunity Fund is a closed-end fixed income fund designed to seek maximum total return by combining current income with capital appreciation. Managed by PIMCO, the fund adopts a dynamic asset allocation approach across multiple fixed income sectors in the global credit markets, including corporate debt, mortgage-related and asset-backed securities, sovereign and government debt, and taxable municipal bonds. It invests in income-producing securities from both U.S. and international issuers, including entities from emerging markets. By targeting securities ranging from investment grade to high-yield bonds, the fund diversifies credit exposure and interest rate sensitivity, aiming to adapt to evolving market conditions. PIMCO Corporate & Income Opportunity Fund plays a significant role in the broader market by offering institutional and retail investors access to a professionally managed portfolio that prioritizes income generation alongside capital preservation or growth, and it frequently features in strategies looking for diversified fixed income exposure in a single vehicle. Founded in 2002, the fund continues to reflect PIMCO’s expertise in multi-sector credit allocation and active management.
About
Address
650 Newport Center Drive
Newport Beach, 92660, CA
United States
Newport Beach, 92660, CA
United States
Phone
949 720 6000
Website
Instrument type
Closed-end fund
Country
United States
MIC code
XNAS