The PIMCO Income Opportunity Fund (PKO) operates as a diversified, closed-end investment vehicle. Its foremost objective is to generate current income, with capital appreciation serving as a complementary aim. The fund allocates a substantial part of its assets to a variety of mortgage-linked securities. It also has the latitude to hold common equities, including shares received from the conversion of other securities within its portfolio. PKO may commit up to 40% of its total assets to bank loans, such as senior loans, delayed funding agreements, and revolving credit facilities. Additionally, it has the option to invest up to 40% of its total capital in securities from issuers economically connected to developing nations. Its investment holdings are distributed across a range of sectors, including U.S. government-related assets, various types of mortgage-backed securities (both agency and non-agency), high-yield credit instruments, and exposures to emerging markets, among others. Pacific Investment Management Company LLC is responsible for managing the fund's investments.
Sector exposure data isn't available for this fund yet.
Holdings data isn't available for this fund yet.
