Pimco Dynamic Income Opportunities Fund (NYSE:PDO) to Issue $0.13 Monthly Dividend

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 Stock Up 0.2%

PDO opened at $13.24 on Thursday. The firm’s 50-day simple moving average is $13.05 and its 200-day simple moving average is $13.45. Pimco Dynamic Income Opportunities Fund has a twelve month low of $12.37 and a twelve month high of $14.25.

Hedge Funds Weigh In On Pimco Dynamic Income Opportunities Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PDO. Morgan Stanley increased its holdings in shares of Pimco Dynamic Income Opportunities Fund by 14.9% during the fourth quarter. Morgan Stanley now owns 5,397,465 shares of the company’s stock worth $74,701,000 after buying an additional 698,797 shares in the last quarter. UBS Group AG grew its position in Pimco Dynamic Income Opportunities Fund by 4.9% during the 4th quarter. UBS Group AG now owns 3,521,827 shares of the company’s stock worth $48,742,000 after acquiring an additional 164,530 shares during the last quarter. Royal Bank of Canada increased its holdings in Pimco Dynamic Income Opportunities Fund by 7.0% during the 1st 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. SOL Capital Management CO increased its holdings in Pimco Dynamic Income Opportunities Fund by 1.1% during the 4th quarter. SOL Capital Management CO now owns 1,698,816 shares of the company’s stock valued at $23,512,000 after purchasing an additional 19,013 shares in the last quarter. Finally, Invesco Ltd. raised its position in Pimco Dynamic Income Opportunities Fund by 3.5% in the 3rd quarter. Invesco Ltd. now owns 964,934 shares of the company’s stock valued at $13,625,000 after purchasing an additional 32,832 shares during the last quarter. 9.43% of the stock is currently 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.