Business Description
PIMCO Corporate & Income Opportunity Fund is a US-based closed-end fund that was established in December 2002 and focuses on bonds issued by companies around the world. The fund targets debt securities sitting at the border between investment-grade and below-investment-grade credit quality, with a preference for intermediate-term maturities spread across a wide range of industries. Investment decisions are guided by internal research and a broad economic outlook, with day-to-day management handled jointly by Allianz Global Investors Fund Management and Pacific Investment Management Company.
