Description

To achieve its investment objectives, this fund primarily allocates its capital to other investment vehicles managed by PIMCO. Specifically, under normal market conditions, over 80% of the fund's total assets, including any funds obtained through borrowing, will be invested in PIMCO-managed mutual funds or exchange-traded funds (ETFs). A key component of this strategy is that a minimum of 80% of these assets (defined as net assets combined with borrowed amounts for investment purposes) must be directed towards those PIMCO underlying funds that focus predominantly on bond instruments.