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Toronto, May 19, 2022 (GlobeNewsWire) – Pimco Canada Corporation (“Pimco Canada”) is pleased to announce today that it has announced a monthly distribution (funds “) of the Pimco Canada Closed and Fund’s Class A Unit (” Unit “). Record holders will be paid at the close of business on June 14, 2022 and May 31, 2022.
Details of the distribution amount are as follows:
|The name of the fund||Ticker||Cash distribution per unit||Changes from the previous month||Percent change from the previous month|
|Pimco Global Income Opportunity Fund||PGI.UN||$ 0.05688||–||–|
|Pimco Strategic Income Fund||PTI.UN||$ 0.05208||–||–|
|PIMCO Strategic Income Opportunity Fund||PTO.A||0.05000||–||–|
|Pimco Multi-Sector Income Fund1||PIX.UN||$ 0.05208||N / A||N / A|
1This announcement reflects the initial distribution of units in the PIMCO Multi-Sector Income Fund.
Unitholders are reminded that each fund offers a Distribution Reinvestment Plan (“DRIP”) that will enable unitholders to automatically reinvest their distributions. Eligible unitholders are encouraged to contact the organization through which they hold their unit to ensure enrollment procedures and deadlines. A copy of DRIP is available at www.pimco.ca.
The manager, PIMCO Canada, has retained Pacific Investment Management Company LLC (“PIMCO”) to provide investment management services in the funds.
PIMCO was founded in 1971 in Newport Beach, California and is one of the world’s leading fixed income investment managers. Today we have offices around the world and 3,000+ professionals have come together for a single purpose: to create opportunities for investors in every environment. PIMCO is owned by Allianz SE, a leading diversified financial services provider.
This is not an offer to sell the unit and is not an offer or request to buy a unit in an area where sale is not permitted. Before you invest, you should carefully read the fund’s disclosure documents and carefully consider the risks you take when investing in units. There can be no guarantee that a fund will achieve its investment goals or be able to build its investment portfolio as expected.
A copy of the fund’s disclosure document may be obtained from your financial advisor.
Some of the statements included in this news release constitute far-sighted statements, which include but are not limited to, the expressions characterized by the expressions “expectation”, “desire”, “desire” and similar expressions to the extent that they relate to the fund. The foregoing statements are not historical information but reflect current expectations of each fund, PIMCO Canada and / or PIMCO regarding future results or events. These pioneering statements are subject to a number of risks and uncertainties that may materially distinguish actual outcomes or events from current expectations, including, but not limited to, market factors. While the Fund, PIMCO Canada and / or PIMCO believe that the assumptions contained in the Forward Statement are reasonable, the farsighted statements are not a guarantee of future performance and, accordingly, warn readers not to rely on such statements for its inherent uncertainty. The Fund, PIMCO Canada and / or PIMCO does not assume any obligation to publicly update or otherwise amend any forwarding statement or information due to new information, future events or other factors affecting this information, except as required by law.
You will usually pay a brokerage fee to your dealer if you buy or sell a unit on the Toronto Stock Exchange (“TSX”). If units are bought or sold on TSX, investors may pay more than the current net asset value when buying units and may receive less than the current net asset value when they sell. There are running fees and expenses related to the proprietary unit. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about funding in these documents. Investment funds are not guaranteed, their value changes frequently and past performance may not be repeated.
Each fund is a Closed and Exchange Traded Investment Fund. Closed-end funds, unlike open-end funds, are not constantly offered. After the initial public offering, the shares of the closed end fund are sold on the open market through the stock exchange. For additional information, contact your financial advisor.
For a summary of the risks involved in investing in each fund, please see: The main risk Prospectus Funds Department. Closed-end fund units often trade at a discount on their net asset value, which can increase the risk of losses. Delivery is not guaranteed and is subject to change and / or elimination.
PIMCO provides services to qualified institutions, financial intermediaries and institutional investors as a general matter. Individual investors should consult their own financial professional to determine the most suitable investment options for their financial situation. This component contains the current opinion of the manager and such opinion is subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or recommendation of any particular security, strategy or investment product. The information here is from a reliable source, but not sure. No part of this material may be reproduced in any form, or mentioned in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America LP in the United States and around the world. © 2022, PIMCO
PIMCO Canada Corp. The products and services provided by may be available only in certain provinces or territories of Canada and only through authorized dealers for that purpose.
PIMCO Canada retains PIMCO as Deputy Advisor. PIMCO Canada will be liable for any loss due to the failure of its Deputy Advisor.
Pimco Canada Corporation. 199 Bay Street, Suite 2050, Commerce Court Station, PO Box 363, Toronto, ON, M5L 1G2, 416-368-3350
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