PIMCO Closed-End Funds Announce Shareholder Approval of Issuance of Common Shares in Proposed Reorganizations
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Merger Approval: Shareholders of PIMCO Municipal Income Funds approved the issuance of additional common shares for mergers involving several funds, including PIMCO Municipal Income Fund II and others, expected to be completed around August 1, 2025.
Transition Period: During the transition period leading up to the mergers, PIMCO may reposition the assets of the acquired funds without pursuing their usual investment objectives or strategies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
