This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

PIMCO Income Opportunity Fund
PKO : NYSE : Financial

$28.30 0.07 | 0.25%
Today's Range: 28.22 - 28.34
Avg. Daily Volume: 62,600
04/22/14 - 3:59 PM ET
  • Last Ratings Update:03/31/2014
  • Price as of 03/31/2014 :$28.23
  • Net Assets:$422.7 Million
  • NAV:$28.36
  • Premium-0.46%
  • Peer Rank:41 of 216
  • Investment Rating:C+
  • Performance:C+
  • RiskB
PKO Price Chart


We rate Pimco Income Opportunity Fund at C+. Positive factors that influence this rating include a greater than above average total return and low price volatility. The fund invests approximately 94% of its assets in bonds and may be considered for investors seeking a Global Income strategy.


Total return ranks above peers over the last three years. The Pimco Income Opportunity Fund has returned an annual rate of 12.83% since inception. More recently, the fund has generated a total return of 24.35% in the last five years, 11.28% in the last three years, and -0.18% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 87% of them. It has also outpaced 65% of its competitors on a three year basis and 38% of them over the last year for the period ending 3/31/2014. On a year to date basis, PKO has returned 0.99%.

Downside risk has been below average. PKO has a draw down risk of -16.93%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 13.7%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 3/31/2014, the fund was trading at a price of $28.23, which is 2.3% below its 52-week high of $28.89 and 1.5% above its 52-week low of $27.81.

High expense ratio hinders performance. On total assets of $422.70 million, PKO maintains a high expense ratio compared to its Global Income peers of 1.66% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As PKO is a closed end fund, it has no front end or back end load.

Manager tenure and performance record are net positives. Substandard fund managers tend to be replaced, so a long tenure is usually a good sign that a fund is achieving its objectives. The Pimco Income Opportunity Fund has been managed by Daniel J. Ivascyn for the last 6 years. Over that period, the manager was able to capture more actual gains in excess of the expected return than 96% of other fund managers.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Latest Stock Upgrades/Downgrades

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs