View

PDO · Pimco Dynamic Income Opportunities Fund

Know the company

Company overview

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 · XNYS
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.

Pimco Dynamic Income Opportunities Fund: financial report supporting reported earnings

Dividend & earnings snapshot

Dividend payments

Per common share

$0.1279Reviewed declaration · Payment Oct 1, 2026

Regular dividend

Announced Sep 1, 2026

Dates and issuer sources

Announcement: Sep 1, 2026
Declaration: Sep 1, 2026
Ex-dividend: Sep 11, 2026
Record: Sep 11, 2026
Payment: Oct 1, 2026
Source reviewed: Sep 28, 2026

Dividend declaration for payment Oct 1, 2026 · www.pimco.com · Announced Sep 1, 2026

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

Distribution yield12.42%Sourced distributions divided by dated market price

Trailing 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.

Annual dividend$1.53Current regular payment annualized per share

Distribution supportSee period evidenceCash distributions, NAV and reported returns are shown separately; no earnings-coverage ratio is assigned.

Verified dividend dates and payment components

Issuer announcements supplement the recorded totals above. Each declared payment is shown separately. Additional payments are not assumed to repeat.

Regular dividend

$0.1279

Payment: Oct 1, 2026

Announced Sep 1, 2026

Dates and issuer sources

Announcement: Sep 1, 2026
Declaration: Sep 1, 2026
Ex-dividend: Sep 11, 2026
Record: Sep 11, 2026
Payment: Oct 1, 2026
Source reviewed: Sep 28, 2026

Dividend declaration for payment Oct 1, 2026 · www.pimco.com · Announced Sep 1, 2026

Verified earnings history and sources

The latest four recorded reporting periods. Each issuer measure keeps its own name and dates. These source records supplement the Fly High figures above; different measures are not added together or assumed comparable.

Reporting period	Earnings measure	Per share	Source
Jul 1, 2025 to Jun 30, 2026	Net investment income	$1.31	Issuer source 1 Announced Sep 4, 2026

Market price and NAV per share

Reviewed USD market closes or SEC-reported prices matched to NAV dates. A different price date or split adjustment is shown in the label.

History

Business and earnings charts

Financial snapshot: 2026-06-30. Research reviewed 2026-09-18. Source dates are retained with each measure; historical results are not a forecast.

The assets it owns

$1.825 billion net assets717 holdings · As of 6/30/2026

Net assets checked 2026-09-11. Borrowings and preferred financing are excluded from this net-assets figure.

A complete, comparable portfolio allocation is not available for this chart. No percentages have been estimated.

Pimco Dynamic Income Opportunities Fund: net assets and portfolio information, checked 2026-09-11

Reported earnings and distributions

2025-07-01 through 2026-06-30 · $ per share

Fund net investment income per common share; actual reporting period, not annualized$1.3100

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.

Pimco Dynamic Income Opportunities Fund: financial report supporting reported earnings

Cash distributions and reported returns

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.

Reporting period	Ending NAV	NAV change	Distributions / share	Reported NAV total return	Source
Jul 1, 2025 to Jun 30, 2026	$12.86	-1.08%	$1.53	Not available	PDO financial highlights; reported period, not annualized. NAV total return omitted where the table reports only market-price return.
Jul 1, 2024 to Jun 30, 2025	$13.00	+2.77%	$1.53	Not available	PDO financial highlights; reported period, not annualized. NAV total return omitted where the table reports only market-price return.
Jul 1, 2023 to Jun 30, 2024	$12.65	-0.32%	$1.53	Not available	PDO financial highlights; reported period, not annualized. NAV total return omitted where the table reports only market-price return.
Jul 1, 2022 to Jun 30, 2023	$12.69	-17.11%	$2.49	Not available	PDO financial highlights; reported period, not annualized. NAV total return omitted where the table reports only market-price return.

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.

Distribution and NAV evidence

Cash paid, opening and closing NAV, and the fund-reported NAV total return are separate observations. NAV change excludes distributions. These figures show outcomes, not which source funded a payment or whether future distributions are sustainable.

Reporting period and filing	Cash distributions/share	Opening NAV	Closing NAV	NAV change	Reported NAV total return
2022-07-01 to 2023-06-30	$2.49	$15.31	$12.69	-17.11%	Not reported
2023-07-01 to 2024-06-30	$1.53	$12.69	$12.65	-0.32%	Not reported
2024-07-01 to 2025-06-30	$1.53	$12.65	$13.00	2.77%	Not reported
2025-07-01 to 2026-06-30	$1.53	$13.00	$12.86	-1.08%	Not reported

Risk monitor

Risk	Current condition	Direction	Why it matters
Portfolio risk	Losses or weaker cash generation in corporate and securitized credit can reduce the resources available for future distributions.	Monitor	A change can affect future shareholder cash payments or the capital supporting them.
Leverage and financing	The current data service reports effective leverage of 36.36%. Financing magnifies gains and losses, and borrowing costs reduce income available to common shareholders.	Monitor	A change can affect future shareholder cash payments or the capital supporting them.

The assets behind the earnings

How PDO makes money

Financial snapshot: 2026-06-30. Research reviewed 2026-09-18. Source dates are retained with each measure; historical results are not a forecast.

The income-producing business

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.

Pimco Dynamic Income Opportunities Fund: financial report supporting reported earnings

Financing can amplify income and losses

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: net assets and portfolio information, checked 2026-09-11

What the reported earnings support

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.

Pimco Dynamic Income Opportunities Fund: financial report supporting reported earnings

Portfolio risk

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.

Pimco Dynamic Income Opportunities Fund: financial report supporting reported earnings

Distribution sustainability

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.

Pimco Dynamic Income Opportunities Fund: financial report supporting reported earnings

What would change the earnings picture?

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$12.3100Sep 29, 2026

Market price$11.7900Sep 29, 2026

PREMIUM / 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.

NAV source · Market-price source

Current evidence and recent developments

Regular distribution screen: 12.42% on 2026-09-11.
Reported net investment income per common share: $1.31 for 2025-07-01 through 2026-06-30; not annualized.

What to watch next

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.

Fly High context

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.

Loading current company feeds…

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 issuer 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 issuer'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 issuer-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.

Read the source behind these figures. Your Form 1099-DIV is the guide for your own filing.

Tax year: 2025, selected payments only.

Tax details and source

Total ordinary dividends (includes qualified): Not confirmed
Section 199A portion (within ordinary dividends): Not confirmed
Exempt-interest distributions: Not confirmed
Reporting form: Form 1099-DIV
Source date: Not stated

Covered payment dates: 2025-02-03, 2025-03-03, 2025-04-01, 2025-05-01, 2025-06-02, 2025-07-01.

Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.

Tax source

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.

Return to company research