Articles from PIMCO Account Management

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on March 3, 2025 to shareholders of record on February 13, 2025, with an ex-dividend date of February 13, 2025.

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on February 3, 2025 to shareholders of record on January 13, 2025, with an ex-dividend date of January 13, 2025.

NEW YORK, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of the PIMCO closed-end fund below (the “Fund”) has declared a special year-end distribution for the Fund’s common shares as summarized below. The distribution is payable on January 13, 2025 to shareholders of record on December 30, 2024, with an ex-dividend date of December 30, 2024. In addition to the regular monthly dividends, this special year-end distribution is being paid to allow the Fund to meet its 2024 distribution requirements for federal excise tax purposes. The Fund’s total distributions will be taxable to shareholders in 2024.

NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on January 2, 2025 to shareholders of record on December 12, 2024, with an ex-dividend date of December 12, 2024.

NEW YORK, Nov. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on December 2, 2024 to shareholders of record on November 12, 2024, with an ex-dividend date of November 12, 2024.

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on November 1, 2024 to shareholders of record on October 11, 2024, with an ex-dividend date of October 11, 2024.

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on October 1, 2024 to shareholders of record on September 13, 2024, with an ex-dividend date of September 13, 2024.

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on September 3, 2024 to shareholders of record on August 12, 2024, with an ex-dividend date of August 12, 2024.

NEW YORK, July 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on August 1, 2024 to shareholders of record on July 11, 2024, with an ex-dividend date of July 11, 2024.

NEWPORT BEACH, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Nearly 90% of large institutional consultants say the top priority for their clients is to find solutions for income generation during retirement, a 21% increase over the previous year, according to the 18th Annual Defined Contribution (DC) Consulting Study conducted by PIMCO, a global leader in active fixed income with expertise across public and private markets.

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on July 1, 2024 to shareholders of record on June 13, 2024, with an ex-dividend date of June 13, 2024.

NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on June 3, 2024 to shareholders of record on May 13, 2024, with an ex-dividend date of May 10, 2024.

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- PIMCO California Municipal Income Fund (NYSEPCQ), PIMCO California Municipal Income Fund II NYSE: PCKNYSEPCK)(NYSE: PZCNYSEPZC, PIMCO Municipal Income Fund (NYSE: PMFNYSE), PIMCO Municipal Income Fund II (NYSE: PMLPML), PIMCO Municipal Income Fund III (NYSEPMX), PIMCO New York Municipal Income Fund NYSE: PNFNYSEPNF)(NYSE: PNINYSEPNI and PIMCO New York Municipal Income Fund III (NYSE: PYNNYSE) (each, a “Fund” and, together, the “Funds”) today announced the expiration and final results of each Fund’s previously-announced voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of the Fund’s outstanding auction rate preferred shares (“ARPS”) at a price equal to 98% of the ARPS’ per share liquidation preference of $25,000 per share (or $24,500 per share) and any unpaid dividends accrued through the expiration date of the Tender Offer. The Tender Offers expired on April 12, 2024, at 5:00 p.m. New York City time. All ARPS that were validly tendered and not withdrawn during the offering period of the Tender Offers have been accepted for payment as set forth below.

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Strategy Fund (NYSEPCN), PIMCO High Income Fund NYSE: PHKNYSEPHK)(NYSE: PFLNYSEPFL, PIMCO Income Strategy Fund II (NYSE: PFNNYSE) and PIMCO Corporate & Income Opportunity Fund (NYSE: PTYPTY) (each, a “Fund” and, together, the “Funds”) today announced the expiration and final results of each Fund’s previously-announced voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of the Fund’s outstanding auction rate preferred shares (“ARPS”) at a price equal to 94.25%, with respect to PCN and PHK, 96%, with respect to PFL and PFN, and 98% with respect to PTY, of the ARPS’ per share liquidation preference of $25,000 per share (or $23,562.50 per share for PCN and PHK, $24,000 per share of PFL and PFN, and $24,500 per share for PTY) and any unpaid dividends accrued through the expiration date of the Tender Offer.   The Tender Offers expired on April 12, 2024, at 5:00 p.m. New York City time. All ARPS that were validly tendered and not withdrawn during the offering period of the Tender Offers have been accepted for payment as set forth below.

NEW YORK, April 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on May 1, 2024 to shareholders of record on April 11, 2024, with an ex-dividend date of April 10, 2024.

Mr. Cocini will oversee PIMCO’s business in Italy, France and Iberia; PIMCO also announces that Adriano Nelli will become Head of Italy

NEWPORT BEACH, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- PIMCO, a global leader in active fixed income with deep expertise across public and private markets, is pleased to share the promotion of the officers of the firm to Managing Director.

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Strategy Fund (NYSEPCN), PIMCO High Income Fund NYSE: PHKNYSEPHK)(NYSE: PFLNYSEPFL, PIMCO Income Strategy Fund II (NYSE: PFNNYSE), PIMCO Corporate & Income Opportunity Fund (NYSE: PTYPTY), PIMCO California Municipal Income Fund (NYSEPCQ), PIMCO California Municipal Income Fund II NYSE: PCKNYSEPCK)(NYSE: PZCNYSEPZC, PIMCO Municipal Income Fund (NYSE: PMFNYSE), PIMCO Municipal Income Fund II (NYSE: PMLPML), PIMCO Municipal Income Fund III (NYSEPMX), PIMCO New York Municipal Income Fund NYSE: PNFNYSEPNF)(NYSE: PNINYSEPNI and PIMCO New York Municipal Income Fund III (NYSE: PYNNYSE) (each, a “Fund” and, together, the “Funds”) today announced that each Fund has commenced a voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of its outstanding auction rate preferred shares (“ARPS”) at the following percentages of the ARPS’ per share liquidation preference of $25,000 per share (plus any unpaid dividends accrued through the expiration date of the Tender Offer):

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees (the “Board”) of PIMCO Dynamic Income Strategy Fund (the “Fund”) (NYSEPDX)1 has declared the next two distributions for the Fund’s common shares, as summarized below. In addition, the Board has approved a change in the Fund’s distribution frequency, from quarterly to monthly, starting with the April Distribution (as defined below).

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on April 1, 2024 to shareholders of record on March 11, 2024, with an ex-dividend date of March 8, 2024.

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on March 1, 2024 to shareholders of record on February 12, 2024, with an ex-dividend date of February 9, 2024.

NEW YORK, Jan. 02, 2024 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on February 1, 2024 to shareholders of record on January 12, 2024, with an ex-dividend date of January 11, 2024.

Mr. Mittal, a 16-year veteran of PIMCO, will report to Dan Ivascyn, Managing Director and PIMCO Group Chief Investment Officer

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on January 2, 2024 to shareholders of record on December 11, 2023, with an ex-dividend date of December 8, 2023.

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Dynamic Income Strategy Fund (the “Fund”) (NYSEPDX) has declared a quarterly distribution for the Fund’s common shares. The quarterly distribution is payable on January 2, 2024 to shareholders of record on December 11, 2023, with an ex-dividend date of December 8, 2023.

David Flattum, Managing Director and Global General Counsel, will retire at the end of 2023 after a 17-year career at PIMCO

Certain previously-announced changes to name, ticker symbol, investment objectives and guidelines and portfolio manager lineup became effective today

NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on December 1, 2023 to shareholders of record on November 13, 2023, with an ex-dividend date of November 10, 2023.

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- PIMCO Energy and Tactical Credit Opportunities Fund (NYSENRGX) (the “Fund”) has posted a complete schedule of its portfolio holdings, as of September 30, 2023 (unaudited), on its website.

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on November 1, 2023 to shareholders of record on October 12, 2023, with an ex-dividend date of October 11, 2023.

The Fund will be renamed PIMCO Dynamic Income Strategy Fund (new ticker: PDX) and will make investment objective and guideline changes as well as additions to its portfolio management team line-up to reflect its increased focus on multi-sector credit

NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSENRGX) has declared a quarterly distribution for the Fund’s common shares. The quarterly distribution is payable on October 2, 2023 to shareholders of record on September 11, 2023, with an ex-dividend date of September 8, 2023.

NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on October 2, 2023 to shareholders of record on September 11, 2023, with an ex-dividend date of September 8, 2023.

PIMCO Corporate & Income Opportunity Fund, PIMCO Corporate & Income Strategy Fund, PIMCO High Income Fund, PIMCO Income Strategy Fund, PIMCO Income Strategy Fund II, PIMCO California Municipal Income Fund, PIMCO California Municipal Income Fund II, PIMCO California Municipal Income Fund III, PIMCO Municipal Income Fund, PIMCO Municipal Income Fund II, PIMCO Municipal Income Fund III, PIMCO New York Municipal Income Fund, PIMCO New York Municipal Income Fund II, and PIMCO New York Municipal Income Fund III Announce Final Results of Tender Offers for Auction Rate Preferred Shares

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on September 1, 2023 to shareholders of record on August 11, 2023, with an ex-dividend date of August 10, 2023.

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- PIMCO Corporate & Income Opportunity Fund (NYSEPTY), PIMCO Corporate & Income Strategy Fund NYSE: PCNNYSEPCN)(NYSE: PHKNYSEPHK, PIMCO Income Strategy Fund (NYSE: PFLNYSE), PIMCO Income Strategy Fund II (NYSE: PFNPFN), PIMCO California Municipal Income Fund (NYSEPCQ), PIMCO California Municipal Income Fund II NYSE: PCKNYSEPCK)(NYSE: PZCNYSEPZC, PIMCO Municipal Income Fund (NYSE: PMFNYSE), PIMCO Municipal Income Fund II (NYSE: PMLPML), PIMCO Municipal Income Fund III (NYSEPMX), PIMCO New York Municipal Income Fund NYSE: PNFNYSEPNF)(NYSE: PNINYSEPNI and PIMCO New York Municipal Income Fund III (NYSE: PYNNYSE) (each, a “Fund” and, together, the “Funds”) today announced that each Fund has commenced a voluntary tender offer (each, a “Tender Offer” and, together, the “Tender Offers”) for up to 100% of its outstanding auction rate preferred shares (“ARPS”) at a price equal to 96%, with respect to PTY, 93.25%, with respect to PCN and PHK, 94.25%, with respect to PFL and PFN, and 94.5% with respect to PCQ, PCK, PZC, PMF, PML, PMX, PNF, PNI and PYN, of the ARPS’ per share liquidation preference of $25,000 per share (or $24,000 per share for PTY, $23,312.50 per share for PCN and PHK, $23,562.50 per share of PFL and PFN, and $23,625 per share for PCQ, PCK, PZC, PMF, PML, PMX, PNF, PNI, and PYN) and any unpaid dividends accrued through the expiration date of the Tender Offer. Each Fund's Tender Offer will expire at 5:00 P.M., New York City Time, on September 18, 2023, unless the Tender Offer is extended.

Three out of four consultants prefer to retain retiree assets in plan

NEW YORK, July 03, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on August 1, 2023 to shareholders of record on July 13, 2023, with an ex-dividend date of July 12, 2023.

The PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) aims to deliver diversified yield by prudently selecting assets among various sectors across the global bond market The PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) will invest primarily in short-term U.S. government related debt

NEW YORK, June 16, 2023 (GLOBE NEWSWIRE) -- Pacific Investment Management Company LLC (“PIMCO”), the investment manager of PIMCO Global StocksPLUS® & Income Fund (NYSEPGP), a closed-end fund (“PGP” or the “Fund”), has entered into a settlement with the U.S. Securities and Exchange Commission (“SEC”) that relates to PGP.

NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSENRGX) has declared a quarterly distribution for the Fund’s common shares. The quarterly distribution is payable on July 3, 2023 to shareholders of record on June 12, 2023, with an ex-dividend date of June 9, 2023.

NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on July 3, 2023 to shareholders of record on June 12, 2023, with an ex-dividend date of June 9, 2023.

NEWPORT BEACH, Calif., May 11, 2023 (GLOBE NEWSWIRE) -- PIMCO, one of the world’s premier fixed income investment managers with deep expertise in public and private markets, has named Benjamin Ferguson, Managing Director, Co-Head of Japan and Head, Client & Business Management Japan.

NEWPORT BEACH, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- PIMCO, a global leader in active fixed income with deep expertise across public and private markets, has announced the launch of the PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT), a new offering in its expanding suite of ETFs. In addition to potential returns from CMDT’s commodity investments, the ETF aims to provide investors with an effective hedge against inflation and further diversification for their overall portfolio.

NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on June 1, 2023 to shareholders of record on May 11, 2023, with an ex-dividend date of May 10, 2023.

NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on May 1, 2023 to shareholders of record on April 13, 2023, with an ex-dividend date of April 12, 2023.

NEWPORT BEACH, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- PIMCO, one of the world’s premier active fixed income investment managers with deep expertise across public and private markets, is pleased to share the promotion of the officers of the firm to Managing Director.

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on April 3, 2023 to shareholders of record on March 13, 2023, with an ex-dividend date of March 10, 2023.

NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSENRGX) has declared a quarterly distribution for the Fund’s common shares. The quarterly distribution is payable on April 3, 2023 to shareholders of record on March 13, 2023, with an ex-dividend date of March 10, 2023.

NEW YORK, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on March 1, 2023 to shareholders of record on February 13, 2023, with an ex-dividend date of February 10, 2023.

The fund will invest primarily in Preferred and Capital Securities, which may provide investors diversification, favorable tax treatment, and opportunity for attractive yields

NEW YORK, Jan. 03, 2023 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on February 1, 2023 to shareholders of record on January 13, 2023, with an ex-dividend date of January 12, 2023.

NEW YORK, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a special year-end distribution for each Fund’s common shares as summarized below. The distributions are payable on December 22, 2022 to shareholders of record on December 15, 2022, with an ex-dividend date of December 14, 2022. In addition to the regular monthly dividends, these special year-end distributions are being paid to allow the Funds to meet its 2022 distribution requirements for federal excise tax purposes. The Fund’s total distributions will be taxable to shareholders in 2022.

The Fund will invest in public and private commercial real estate markets, seeking to harness the expertise and resources of PIMCO’s $190 billion CRE platform

NEW YORK, Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on December 1, 2022 to shareholders of record on November 14, 2022, with an ex-dividend date of November 10, 2022.

NEWPORT BEACH, Calif., Oct. 28, 2022 (GLOBE NEWSWIRE) -- PIMCO, one of the world’s premier fixed income investment managers, has announced its intent to transfer the exchange listing of its actively managed exchange-traded fund, PIMCO Active Bond Exchange-Traded Fund (BOND), to the New York Stock Exchange from NYSE Arca, Inc., effective November 14, 2022. The fund's ticker symbol will remain the same; the trading of the fund and the fund's shareholders are not anticipated to be impacted during the transfer. Shareholders are not required to take any action in connection with this listing transfer.

NEW YORK, Oct. 03, 2022 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on November 1, 2022 to shareholders of record on October 13, 2022, with an ex-dividend date of October 12, 2022.