Pimco Corporate & Income Opportunity Fund Reports Financial Results for the Fourth Quarter and Full Year Ended November 30, 2012
January 28, 2013 at 04:00 pm
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PIMCO Corporate & Income Opportunity Fund reported financial results for the fourth quarter and full year ended November 30, 2012. For the quarter ended November 30, 2012, net investment income was $28,317,651 against $29,853,212 for the same period of last year. Net investment income per common share was $0.42 against $0.45 for the same period of last year. Net realized and change in unrealized gain was $64,709,624 against loss of $70,615,651 for the same period of last year. Net realized and change in unrealized gain per common share was $0.96 against loss of $1.05 for the same period of last year. Net assets were $1,530,090,022 against $1,292,195,158 for the same period of last year. Net asset value was $17.58 against $14.22 for the same period of last year.
For the year ended November 30, 2012, net investment income was $114,316,081 against $127,201,763 for the same period of last year. Net investment income per common share was $1.68 against $1.88 for the same period of last year. Net realized and change in unrealized gain was $262,828,820 against loss of $127,839,217 for the same period of last year. Net realized and change in unrealized gain per common share was $3.87 against loss of $1.87 for the same period of last year. The results will be higher than those figures would have been if swap amounts were treated as net investment income.
PIMCO Corporate & Income Opportunity Fund (the Fund) is a closed-end management investment company. The Fundâs primary investment objective is to seek high current income, with capital preservation and capital appreciation as secondary objectives. The Fund is focused on investing approximately 80% of its 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 the United States Government securities, municipal securities, and mortgage-backed and other asset-backed securities issued on a public or private basis. The Fund invests approximately 25% of its total assets in corporate debt obligations and other corporate income-producing securities. It invests in various sectors, including technology, banks, healthcare, wirelines, automotive, oilfield services, and others. Pacific Investment Management Company LLC serves as the Fund's investment manager.
PIMCO CORPORATE & INCOME OPPORTUNITY FUND 
