PIMCO Income Opportunity Fund Reports Results for the Fiscal Quarter and Period Ended July 31, 2008

NEW YORK, Oct. 6, 2008 (GLOBE NEWSWIRE) -- PIMCO Income Opportunity Fund (the "Fund") (NYSE:PKO), a non-diversified, closed-end management investment company which seeks current income as a primary focus and also capital appreciation, today announced its results for the fiscal quarter and period ended July 31, 2008. At July 31, 2008 ---------------- Net Assets $313,756,216 Shares Outstanding 14,140,870 Net Asset Value ("NAV") $22.19 Market Price $20.67 Discount to NAV (6.85)% Quarter ended July 31, 2008 ------------- Net Investment Income (b) $5,890,369 Per Share (b) $0.41 Net Realized and Unrealized Loss (b) $(17,310,001) Per Share (b) $(1.22) For the period November 30, 2007 (a) through July 31, 2008 --------------------- Net Investment Income (b) $14,187,041 Per Share (b) $1.00 Net Realized and Unrealized Loss (b)... [read full story]