PTY Overview

Investment Risks: The article highlights the volatility in investing, using the example of the mortgage banking industry during the subprime crisis and emphasizing the importance of humility and diversification in investment strategies.

Performance of ASA Fund: The ASA Gold & Precious Metals Fund has seen a remarkable 172% increase in 2025, but it is cautioned against as it yields only 0.1% and has historically underperformed compared to the S&P 500 and gold prices.

Alternative High-Yield CEFs: The article suggests three high-yield closed-end funds (CEFs) that outperform ASA in terms of long-term performance and income, including the Adams Diversified Equity Fund, Liberty All-Star Equity Fund, and PIMCO Corporate & Income Opportunity Fund.

Future Investment Focus: Looking ahead to 2026, the author plans to invest in AI-focused CEFs that offer high dividends, indicating a shift away from gold investments and a belief in ongoing productivity growth in the economy.

Dividend Declaration: PIMCO Corporate & Income Opportunity Fund (PTY) has declared a monthly dividend of $0.1188 per share.

Yield Information: The fund offers a forward yield of 10.73%, with the dividend payable on January 2 for shareholders of record on December 11, and the ex-dividend date also on December 11.

Performance Outlook: Analysts suggest that modest returns for PTY are likely to continue, with a positive outlook as fixed income investments improve.

Comparative Analysis: The fund is viewed favorably compared to other options, with Seeking Alpha’s Quant Rating indicating a preference for PTY over GOF.

Monthly Distributions Declared: PIMCO closed-end funds have announced monthly distributions for various funds, payable on January 2, 2026, to shareholders of record on December 11, 2025, with an ex-dividend date of the same day.

Distribution Amounts and Changes: The distribution amounts per share for the funds range from $0.029500 to $0.220500, with no changes reported from the previous month.

Annualized Distribution Rates: As of October 31, 2025, the annualized distribution rates for the funds vary, with some funds showing rates as high as 15.56% based on net asset value (NAV).

Investment Risks and Considerations: The article outlines various risks associated with investing in the funds, including market volatility, interest rate risks, and the potential for loss of principal, emphasizing the importance of understanding these factors before investing.