PCN, PTY, PFL, PKO, RCS and PCM Declare Special Year-End Income Dividends
December 20 2011 - 4:20PM
Business Wire
The Boards of Trustees of PIMCO Corporate Income Fund (NYSE:
PCN), PIMCO Corporate Opportunity Fund (NYSE: PTY), PIMCO Income
Strategy Fund (NYSE: PFL), PIMCO Income Opportunity Fund (NYSE:
PKO), PIMCO Strategic Global Government Fund, Inc. (NYSE: RCS) and
PCM Fund, Inc., (NYSE: PCM) (collectively, the “Funds”) announced
today they have declared the following special year-end income
dividends on the Funds’ common shares:
PIMCO Corporate Income Fund
$0.49 per common share PIMCO Corporate
Opportunity Fund $0.69 per common share PIMCO Income Strategy Fund
$0.16 per common share PIMCO Income Opportunity Fund $0.78 per
common share PIMCO Strategic Global Government Fund, Inc. $0.44 per
common share PCM Fund, Inc. $0.10 per common share
The dividends will be payable on January 20, 2012 to
shareholders of record on December 30, 2011, with an ex-dividend
date of December 28, 2011.
The Funds are closed-end management investment companies. The
primary objective of PCN is to seek high current income with
secondary objectives of capital preservation and appreciation. The
investment objective of PTY is to seek maximum total return through
a combination of current income and capital appreciation. PFL’s
investment objective is to seek high current income, consistent
with the preservation of capital. PKO’s investment objective is to
seek current income as a primary focus and also capital
appreciation. RCS’s primary objective is to generate a level of
income higher than that generated by high-quality,
intermediate-term U.S. debt securities, with a secondary objective
of seeking to maintain volatility in the net asset value of its
shares comparable to that of high-quality, intermediate-term U.S.
debt securities. PCM seeks high current income as a primary
objective and capital gains as a secondary objective. There can be
no assurance that the Funds will meet their stated objectives.
Allianz Global Investors Fund Management LLC (“AGIFM”), an
indirect, wholly-owned subsidiary of Allianz Global Investors of
America L.P., serves as the Funds’ investment manager and is a
member of Munich-based Allianz Group. Pacific Investment Management
Company LLC, an AGIFM affiliate, serves as the Funds’
sub-adviser.
The Funds’ daily New York Stock Exchange closing prices, net
asset values per share, as well as other information, including
updated portfolio statistics and performance are available at
http://www.allianzinvestors.com or by
calling the Funds’ shareholder servicing agent at (800)
254-5197.
Statements made in this release that look forward in time
involve risks and uncertainties and are forward looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such risks and uncertainties include, without limitation,
the adverse effect from a decline in the securities markets or a
decline in the Funds' performance, a general downturn in the
economy, competition from other companies, changes in government
policy or regulation, inability to attract or retain key employees,
inability to implement its operating strategy and/or acquisition
strategy, and unforeseen costs and other effects related to legal
proceedings or investigations of governmental and self-regulatory
organizations. The Funds’ ability to pay dividends to common
shareholders is subject to the restrictions in their registration
statement, by-laws and other governing documents, as well as the
Investment Act of 1940.
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