Pimco Corporate & Income Opportunity Fund 2017 Q2 Institutional Investor Sentiment Better Than Expected

December 20, 2017 - By Adrian Erickson

 Pimco Corporate & Income Opportunity Fund  2017 Q2 Institutional Investor Sentiment  Better Than Expected

Sentiment for Pimco Corporate & Income Opportunity Fund (NYSE:PTY)

Pimco Corporate & Income Opportunity Fund (NYSE:PTY) institutional sentiment increased to 1.58 in 2017 Q2. Its up 0.78, from 0.8 in 2017Q1. The ratio is better, as 30 hedge funds opened new and increased holdings, while 19 decreased and sold stakes in Pimco Corporate & Income Opportunity Fund. The hedge funds in our partner’s database now own: 3.98 million shares, up from 3.72 million shares in 2017Q1. Also, the number of hedge funds holding Pimco Corporate & Income Opportunity Fund in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 15 Increased: 25 New Position: 5.

The stock decreased 0.06% or $0.01 during the last trading session, reaching $16.35. About 302,785 shares traded. PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) has risen 17.96% since December 20, 2016 and is uptrending. It has outperformed by 1.26% the S&P500.

Rocky Mountain Advisers Llc holds 1.57% of its portfolio in PIMCO Corporate & Income Opportunity Fund for 20,000 shares. Oarsman Capital Inc. owns 37,766 shares or 0.28% of their US portfolio. Moreover, Lucas Capital Management has 0.21% invested in the company for 17,700 shares. The California-based Gould Asset Management Llc Ca has invested 0.18% in the stock. Investment Partners Ltd Oh Adv, a Ohio-based fund reported 10,854 shares.#img1#

More notable recent PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) news were published by: Forbes.com which released: “10 High-Flying Funds Yielding Up To 9.5%” on June 16, 2017, also Seekingalpha.com with their article: “PTY: Not A Buy Yet For 2018” published on November 08, 2017, Seekingalpha.com published: “Update To PIMCO Closed-End Funds UNII- July” on August 19, 2016. More interesting news about PIMCO Corporate & Income Opportunity Fund (NYSE:PTY) were released by: Nasdaq.com and their article: “Pimco Corporate & Income Opportunity Fund (PTY) Ex-Dividend Date Scheduled for …” published on January 07, 2015 as well as Seekingalpha.com‘s news article titled: “PTY Could Still Trend Higher” with publication date: July 26, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.