Pimco Dynamic Income Opportunities Fund (NYSE:PDO) Declares Monthly Dividend of $0.13

Pimco Dynamic Income Opportunities Fund (NYSE:PDO) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Monday, July 13th will be paid a dividend of 0.1279 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend is Monday, July 13th.

Pimco Dynamic Income Opportunities Fund Price Performance

NYSE:PDO opened at $13.24 on Thursday. Pimco Dynamic Income Opportunities Fund has a fifty-two week low of $12.37 and a fifty-two week high of $14.25. The company has a 50 day simple moving average of $13.05 and a two-hundred day simple moving average of $13.45.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

Several institutional investors have recently added to or reduced their stakes in PDO. Cetera Investment Advisers boosted its position in shares of Pimco Dynamic Income Opportunities Fund by 15.4% during the 1st quarter. Cetera Investment Advisers now owns 195,582 shares of the company’s stock worth $2,529,000 after purchasing an additional 26,136 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Pimco Dynamic Income Opportunities Fund by 7.0% during the first quarter. Royal Bank of Canada now owns 2,347,194 shares of the company’s stock valued at $30,348,000 after purchasing an additional 152,711 shares in the last quarter. Gateway Wealth Partners LLC purchased a new position in shares of Pimco Dynamic Income Opportunities Fund in the 1st quarter worth approximately $145,000. Fifth Third Bancorp bought a new position in Pimco Dynamic Income Opportunities Fund in the 1st quarter valued at $308,000. Finally, International Assets Investment Management LLC grew its position in Pimco Dynamic Income Opportunities Fund by 19.9% during the first quarter. International Assets Investment Management LLC now owns 327,028 shares of the company’s stock valued at $4,317,000 after buying an additional 54,290 shares during the period. 9.43% of the stock is owned by institutional investors and hedge funds.

PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) is an actively managed closed-end fund sponsored by Pacific Investment Management Company LLC (“PIMCO”), a global investment manager specializing in fixed income. PDO seeks to provide investors with a high level of current income, with a secondary objective of capital appreciation. The fund trades on the New York Stock Exchange and follows a dynamic, multi-sector approach to income generation.

The fund’s portfolio is diversified across a broad range of fixed-income asset classes.