Description

The PIMCO Income Fund primarily allocates a minimum of 65% of its total assets to a diverse range of debt instruments spanning multiple sectors and featuring various maturity profiles. To gain or manage this exposure, the fund may utilize financial derivatives such as forwards, options, futures contracts, or swap agreements. Additionally, it possesses the discretion to commit up to half of its total assets to high-yield (speculative-grade) securities, which are defined as those rated below investment grade by agencies like Moody's, S&P, or Fitch, or deemed as such by PIMCO's own assessment if unrated.