PIMCO Dynamic Income Opportunities Fund searches across corporate, mortgage, asset-backed and government debt for income opportunities. Its mix can shift, so the credit decisions behind the monthly payment matter as much as the headline yield.
Business
Multi-sector credit CEF
Listing
PDO · New York Stock Exchange
Reporting period
2026-06-30
Dividend schedule
Monthly
How the business works
PDO collects interest from its debt portfolio, then pays financing and fund expenses before net investment income reaches common shareholders. Active trading can also produce gains or losses, which should be read separately from recurring interest income.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income$1.31
Jul 1, 2025 to Jun 30, 2026
$0.00$1.31
Distribution yield12.42%Sourced distributions divided by dated market priceTrailing 12-month income yield11.11%Net investment income for Jul 1, 2025 to Jun 30, 2026, divided by market price $11.7900 on Sep 29, 2026. Historical income; not a forecast.Reported annual investment income$1.31Per share for 2026 FY. Excludes investment gains.Annual dividend$1.53Current regular payment annualized per share
Dividend payment history
Date or month
Per share
Oct 1, 2026
$0.1279
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
How to read PDO income
Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.
Watch defaults, interest-rate changes and expenses. Income can hold up while falling bond or loan values reduce NAV.
Income and distributions
Income and cash distributions per share for the same dated periods. Shorter periods are kept separate and are not annualized. Interest after fund expenses is the main recurring income measure. Compare it with distributions for the same full reporting period.
Fund net investment income per common share; actual reporting period, not annualized$1.3100
$0.00$1.40
For the year ended June 30, 2026, PDO reported $1.31 of net investment income per share and $1.53 of regular distributions. Recurring income carried much of the payment, but did not cover all of it. The next filing will test whether that difference persists.
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
The portfolio information checked September 11, 2026 reports effective leverage of 36.36%.
Financing can increase earning assets, but its cost reduces income available to common shareholders. When borrowing costs rise or portfolio income falls, the distribution can become harder to sustain.
Pimco Dynamic Income Opportunities Fund reported $1.3100 per share for 2025-07-01 through 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Losses or weaker cash generation in corporate and securitized credit can reduce the resources available for future distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Compare next year's net investment income and regular distributions, then ask which credit sectors, financing costs and realized results changed. Keep NAV in view alongside the cash paid.
Net asset value (NAV)
NAV per share$12.31Sep 29, 2026Market price$11.79Sep 29, 2026PREMIUM / DISCOUNT TO NAV4.22% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
Compare next year's net investment income and regular distributions, then ask which credit sectors, financing costs and realized results changed. Keep NAV in view alongside the cash paid.
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U.S. federal · Tax year 2025 · Selected payments only
Dividend tax treatment
For six payments from February through July 2025, PIMCO reported $0.055157 of return of capital out of $0.7674 distributed per common share.
These figures cover only the February through July 2025 payments. They describe $0.7674 per share across 6 payments, not the full 2025 tax mix. The company form identifies return of capital for these six payments only. It does not classify the rest of the payments as ordinary dividends, or tell us the full calendar-year mix. Use your Form 1099-DIV for the full year. See the company's tax filing.
Total ordinary dividends
Not confirmed
Qualified dividends
Not confirmed
Capital-gain distributions
Not confirmed
Return of capital
7.19%
The payments named above have company-backed tax information, and that is worth seeing. Other 2025 payments may have a different mix, so we have not extended these percentages beyond the dates the source actually covers. Your full-year tax statement completes the story.
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
