Favorable News Coverage Somewhat Unlikely to Impact PIMCO Income Opportunity Fund (PKO) Stock Price

Press coverage about PIMCO Income Opportunity Fund (NYSE:PKO) has been trending positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PIMCO Income Opportunity Fund earned a news impact score of 0.41 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 47.3546888442037 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

PIMCO Income Opportunity Fund (NYSE:PKO) traded down 0.12% during mid-day trading on Friday, reaching $25.82. 43,214 shares of the company’s stock were exchanged. The company’s 50-day moving average is $26.17 and its 200 day moving average is $25.85. PIMCO Income Opportunity Fund has a one year low of $21.25 and a one year high of $27.27.

The company also recently declared a monthly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, September 11th will be given a dividend of $0.19 per share. This represents a $2.28 annualized dividend and a dividend yield of 8.83%. The ex-dividend date is Friday, September 8th.

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About PIMCO Income Opportunity Fund

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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