Pimco Corporate & Income Opportunity Fund (PTY)

FairStock Score: 66/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at PTY not as an operating business but as a closed-end credit fund. It buys corporate and income debt, often in the lower investment-grade and upper high-yield tiers, so returns depend on credit selection and interest-rate cycles. The fund has no conventional moat; its edge, if any, is PIMCO's research and scale, but credit markets are competitive. At the 2026-10-13 close of $10.75, FairStock calculates a P/E of 10.54, P/B of 0.90, ROE of 11.33%, ROCE of 5.40%, and a 12.10% dividend yield. The price is just above the 52-week low of $10.65 and far below the high of $14.29. The P/B below 1 suggests the market values it at a discount to book, while FairStock's Graham Number of $16.24 implies a 33.81% margin of safety—though for a fund, book value matters more than a Graham Number. Leverage, shown by D/E of 0.21, can amplify both income and losses. Financial health is not comforting: Piotroski F-Score 0/9 and Altman Z-Score 1.40 are weak, and the Lynch category is none because only zero years of filed results exist, so I cannot judge multi-year growth. Beta of 0.81 suggests lower volatility than the market, but credit risk remains. This is a high-income vehicle trading at a modest discount, not a classic Buffett compounder. I would want a wider discount, stable book value, and evidence the distribution is covered before calling it a bargain.

In plain English: Pimco Corporate & Income Opportunity Fund is a pooled fund that invests in corporate and other income-producing debt around the world, including bonds with lower credit ratings. It pays a very high income distribution, and its market price is below its accounting book value, but some financial-risk checks look weak and it uses borrowed money. At the close on 2026-10-13, the price looks modestly cheap versus book value, though credit and distribution risks keep the picture mixed.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer