Publicly traded shares of Pimco's Corporate Opportunity Fund (PTY) and High Income Fund (PHK)...

|By:, SA News Editor

Publicly traded shares of Pimco's Corporate Opportunity Fund (PTY) and High Income Fund (PHK) are under pressure after Pimco said late yesterday it may be forced to postpone dividends as "continued severe market disruptions" have caused heavy declines, denting asset coverage ratios. PTY -7%. PHK -9.2%.