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TORONTO (GLOBE NEWSWIRE, Dec. 19, 2022) -- PIMCO Corporation ('PIMCO canada') today announced the annual and estimated December 2022 cash distributions for ETF Series ('ETF Series) of PIMCO Canada mutual funds. These ETF Series are monthly distributed ('Funds'). Actual distribution amounts could differ from those estimated.
Unitholders with record in the ETF Series will be paid a per-unit cash distribution on or around January 4, 2023.
The following details are provided for the cash distribution amounts per unit:
Cash Distribution per Unit
PIMCO Monthly Income Fund (Canada).
PIMCO Monthly Income Fund (Canada), US$
PIMCO Investment Grade credit fund (Canada)
PIMCO Global Short-Maturity Fund (Canada).
PIMCO Low Duration Monthly In Income Fund (Canada).
PIMCO Canada will announce the final distribution amounts on or around December 22, 2022.
PIMCO Canada's Manager administers and manages ETFs. PIMCO Canada retains Pacific Investment Management Company, LLC (‘PIMCO’) to provide sub-advisory service to the Funds.
PIMCO was established in Newport Beach, California in 1971. It is one of the most respected fixed income investment managers in the world. We have offices around the world and more than 3,000 professionals who share a common goal: to create opportunities for investors in all environments. Allianz S.E. is the owner of PIMCO, a global financial services company that offers diversified financial services.
Forward-looking statements include statements made in this news release, such as those identified with the expressions "expect", "intend", and "will" to the extent that they relate to Funds. Forward-looking statements do not reflect historical facts, but rather reflect PIMCO Canada's or the Funds' current expectations about future events. These forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from expectations. This includes market factors. PIMCO Canada, the Funds and/or PIMCO believe that the forward-looking assumptions are reasonable. However, these statements do not guarantee future performance. Therefore, readers should not rely on forward-looking statements because of the inherent uncertainty. PIMCO Canada, the Funds and/or PIMCO are not obliged to publicly update or revise any forward looking statement or information.
This material does not constitute an offer. Prospective investors interested in the prospectus should request a copy from their Financial Advisor.
Mutual fund investments may come with commissions, trailing fees, management fees, and other expenses. Before investing, please read the prospectus. Mutual funds cannot be guaranteed. Their values can change frequently, and past performance could not be repeated.
Investments can lose value and carry risk. Please refer to the section on mutual funds risks for a complete list of risks associated with an investment in that fund.
Funds' investments and their results are not expected be the same as other PIMCO-advised Funds. This includes those with similar names, investment objectives, or policies. The performance of a new or smaller Fund may not reflect the Fund's expected or possible long-term performance. Investors are unable to evaluate new Funds due to their limited operating history. Also, smaller Funds might not be able to attract enough assets to enable them to trade and invest efficiently. Funds may have to sell large portions of their portfolio to satisfy significant shareholder redemptions or keep large amounts of cash in cash due to share purchases. This could adversely impact performance.
Different series of funds can be offered. They may have different fees and expenses, which could affect performance.
PIMCO Canada products and services may not be available in all provinces and territories of Canada. Only authorized dealers can provide them.
PIMCO Canada retained PIMCO LLC to act as its sub-adviser. PIMCO Canada will continue to be responsible for any loss resulting from the sub-adviser's failure.
PIMCO provides services to qualified institutions as well as financial intermediaries and institutional investors. To determine the best investment option for your financial situation, individual investors should consult their own financial professional. This material includes the manager's current opinions and may change at any time. This information is intended to be used for informational purposes only. It should not be construed as investment advice, or a recommendation of any security, strategy, or investment product. The information contained in this document has been obtained from reliable sources, but is not guaranteed. Without express written permission, no part of this material may ever be reproduced or referenced in any other publication. PIMCO is a trademark of Allianz Asset Management of America L.P. in America and around the world. PIMCO (c)2022, PIMCO
Box 363, Toronto (ON), M5L 1G2, 416-368-3350
Contact:Agnes CranePIMCO-Media RelationsPhone: +212 5597.1054