Shares of Pimco Corporate & Income Opportunity Fund (NYSE:PTY) traded today at $18.15, eclipsing its 52-week high. This new high was reached on below average trading volume as 169,000 shares traded hands, while the average 30-day volume is approximately 344,000 shares.
Based on a current price of $18.12, Pimco Corporate & Income Opportunity Fund is currently 0.4% above its average consensus analyst price target of $18.04.
Pimco Corporate & Income Opportunity Fund share prices have moved between a 52-week high of $18.15 and a 52-week low of $11.81 and are now trading 53% above that low price at $18.12 per share.
PIMCO Corporate & Income Opportunity Fds operates as a closed-end management investment company. It seeks to maximize total return through a combination of current income and capital appreciation. The fund invests a majority of the total assets in a combination of corporate debt obligations of varying maturities, other corporate income-producing securities, and income-producing securities of non-corporate issuers, such as U.S. Government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis.
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