PCN vs. PTY
Compare and contrast key facts about PIMCO Corporate & Income Strategy Fund (PCN) and PIMCO Corporate & Income Opportunity Fund (PTY).
PCN is managed by PIMCO. It was launched on Dec 20, 2001. PTY is managed by FPA. It was launched on Dec 24, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCN or PTY.
Correlation
The correlation between PCN and PTY is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PCN vs. PTY - Performance Comparison
Key characteristics
PCN:
1.28
PTY:
2.05
PCN:
1.49
PTY:
2.38
PCN:
1.31
PTY:
1.58
PCN:
0.86
PTY:
0.90
PCN:
3.35
PTY:
6.70
PCN:
4.07%
PTY:
2.39%
PCN:
10.69%
PTY:
7.84%
PCN:
-61.13%
PTY:
-61.19%
PCN:
-0.22%
PTY:
-2.40%
Returns By Period
The year-to-date returns for both investments are quite close, with PCN having a 4.26% return and PTY slightly higher at 4.27%. Over the past 10 years, PCN has underperformed PTY with an annualized return of 8.65%, while PTY has yielded a comparatively higher 9.53% annualized return.
PCN
4.26%
2.54%
8.41%
13.21%
1.96%
8.65%
PTY
4.27%
2.48%
9.03%
15.13%
4.25%
9.53%
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PCN vs. PTY - Expense Ratio Comparison
PCN has a 0.85% expense ratio, which is lower than PTY's 1.19% expense ratio.
Risk-Adjusted Performance
PCN vs. PTY — Risk-Adjusted Performance Rank
PCN
PTY
PCN vs. PTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Strategy Fund (PCN) and PIMCO Corporate & Income Opportunity Fund (PTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PCN vs. PTY - Dividend Comparison
PCN's dividend yield for the trailing twelve months is around 9.85%, more than PTY's 9.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCN PIMCO Corporate & Income Strategy Fund | 9.85% | 10.10% | 10.93% | 12.71% | 7.93% | 7.87% | 7.41% | 9.64% | 7.88% | 12.02% | 10.27% | 11.31% |
PTY PIMCO Corporate & Income Opportunity Fund | 9.69% | 9.93% | 10.77% | 13.12% | 9.16% | 8.74% | 8.89% | 10.63% | 9.48% | 11.81% | 12.67% | 13.90% |
Drawdowns
PCN vs. PTY - Drawdown Comparison
The maximum PCN drawdown since its inception was -61.13%, roughly equal to the maximum PTY drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for PCN and PTY. For additional features, visit the drawdowns tool.
Volatility
PCN vs. PTY - Volatility Comparison
PIMCO Corporate & Income Strategy Fund (PCN) has a higher volatility of 1.29% compared to PIMCO Corporate & Income Opportunity Fund (PTY) at 0.62%. This indicates that PCN's price experiences larger fluctuations and is considered to be riskier than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.