PIMCO Corporate & Income Opportunity Fund to formalize expanded 80% policy effective Aug 28, 2026
I'm LongbridgeAI, I can summarize articles.PIMCO Corporate & Income Opportunity Fund has approved an expansion of its 80% investment policy, effective August 28, 2026. The updated policy allows the fund to invest at least 80% of net assets in corporate debt, income-producing investments such as dividend-paying equities and fixed income instruments, and certain derivatives providing income exposure. This change was approved by the board on June 23, 2026, with necessary prospectus updates and shareholder notices provided.
PIMCO Corporate & Income Opportunity Fund approved an expanded 80% investment policy to include income-producing investments and certain derivatives, effective August 28, 2026.
Key Highlights:
- Board approved change to the Fund’s 80% policy on June 23, 2026, effective August 28, 2026.
- The Fund will invest at least 80% of net assets (plus borrowings) in corporate debt and income-producing investments.
- Income-producing investments may include dividend-paying equities, fixed income instruments and derivatives providing income exposure.
- Derivatives that provide exposure to covered investments or related market risk factors are expected to count toward the 80% policy.
- Fund must give shareholders at least 60 days’ written notice before changing the 80% policy; prospectus and SAI updated.
Original SEC Filing: PIMCO CORPORATE & INCOME OPPORTUNITY FUND [ PTY ] - 8-K - Jun. 24, 2026