Positive News Coverage Somewhat Unlikely to Affect PIMCO Income Opportunity Fund (PKO) Share Price

News articles about PIMCO Income Opportunity Fund (NYSE:PKO) have trended positive on Friday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PIMCO Income Opportunity Fund earned a news sentiment score of 0.50 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 47.5987310031013 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of PIMCO Income Opportunity Fund (NYSE:PKO) traded down $0.08 on Friday, hitting $26.14. 40,015 shares of the company traded hands.

The company also recently declared a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 13th will be given a dividend of $0.19 per share. This represents a $2.28 annualized dividend and a dividend yield of 8.72%. The ex-dividend date of this dividend is Friday, November 10th.

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PIMCO Income Opportunity Fund Company Profile

PIMCO Income Opportunity Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek current income as a primary focus and also capital appreciation. The Fund invests a substantial portion of assets in a variety of mortgage-related securities and may hold common stocks, including those received from conversion of other portfolio securities.

Insider Buying and Selling by Quarter for PIMCO Income Opportunity Fund (NYSE:PKO)

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