PMF Overview

Mergers Completed: PIMCO has completed several mergers involving its municipal income funds, including the consolidation of various funds into PIMCO Municipal Income Fund II, PIMCO New York Municipal Income Fund II, and PIMCO California Municipal Income Fund. Shareholders received newly-issued common shares based on the net asset value (NAV) of their previous holdings.

Company Background: PIMCO, founded in 1971 and owned by Allianz S.E., is a leading fixed income investment manager with a global presence and over 3,000 professionals dedicated to creating investment opportunities.

Monthly Distributions Announced: PIMCO closed-end funds have declared monthly distributions for various funds, payable on September 2, 2025, with an ex-dividend date of August 11, 2025. The distribution amounts vary by fund, with specific per-share amounts listed for each fund.

Merger and Tax Information: Several PIMCO funds are undergoing mergers, which will affect shareholders' distributions. Additionally, distributions from certain funds may be exempt from federal income taxes, but the tax treatment can vary based on the nature of the distributions.

Monthly Distributions Announced: PIMCO closed-end funds have declared monthly distributions for various funds, payable on August 1, 2025, to shareholders of record on July 11, 2025, with specific amounts listed for each fund.

Upcoming Mergers and Tax Implications: Several PIMCO municipal income funds are set to merge by August 1, 2025, and distributions from these funds may be exempt from federal income taxes, although there is no guarantee regarding the tax character of future distributions.

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.

Monthly Distributions Announced: PIMCO closed-end funds have declared monthly distributions for their common shares, payable on July 1, 2025, to shareholders of record as of June 12, 2025. The distribution amounts vary by fund, with specific per-share amounts listed for each fund.

Investment Risks and Tax Information: The article outlines various risks associated with investing in the bond market and other securities, including interest rate risk, credit risk, and liquidity risk. It also details the tax implications of distributions from certain funds, indicating that some may be exempt from federal income taxes.

Monthly Distributions Announced: PIMCO closed-end funds have declared monthly distributions for their common shares, payable on June 2, 2025, with an ex-dividend date of May 12, 2025. The amounts vary by fund, with details provided for each fund's distribution.

Investment Risks and Performance: The article outlines various risks associated with investing in PIMCO funds, including market volatility, interest rate changes, and credit risks. It emphasizes that past performance is not indicative of future results and highlights the complexities involved in the tax treatment of distributions.