PIMCO Global Income Opportunities Fund Announces Monthly Distribution
October 21 2020 - 1:12PM
PIMCO Global Income Opportunities Fund (the
“
Fund”) (TSX: PGI.UN) is pleased to announce today
that it has declared a monthly distribution on its Class A Units
(the “
Units”). The distribution is equal to
$0.05688 per Unit and will be paid on November 13, 2020 to the
holders of record at the close of business on October 30, 2020.
Unitholders are reminded that the Fund offers a
distribution reinvestment plan (“DRIP”) which will
provide unitholders with the ability to automatically reinvest
their distributions. Eligible unitholders are encouraged to contact
the institution through which they hold their Units to confirm
enrollment procedures and timelines. A copy of the DRIP is
available at https://canada.pimco.com.
The Fund invests in an actively managed
portfolio comprised primarily of fixed-income securities selected
from multiple global fixed-income sectors. The Manager, PIMCO
Canada Corp. (“PIMCO Canada”), retains Pacific Investment
Management Company, LLC, (“PIMCO”), to provide investment
management services to the Fund.
The Fund’s investment objectives are to:
- provide unitholders with monthly
cash distributions;
- maximize total return to
unitholders through distributions and capital appreciation;
and
- preserve capital.
About PIMCO
PIMCO was founded in 1971 in Newport Beach,
California and is one of the world’s premier fixed income
investment managers. Today we have offices across the globe and
2,800+ professionals united by a single purpose: creating
opportunities for investors in every environment. PIMCO is owned by
Allianz S.E., a leading global diversified financial services
provider.
Forward-Looking Statements
Certain statements included in this news release
constitute forward-looking statements, including, but not limited
to, those identified by the expressions “expect”, “intend”, “will”
and similar expressions to the extent they relate to the Fund. The
forward-looking statements are not historical facts but reflect the
Fund’s, PIMCO Canada and/or PIMCO’s current expectations regarding
future results or events. These forward-looking statements are
subject to a number of risks and uncertainties that could cause
actual results or events to differ materially from current
expectations, including, but not limited to, market factors.
Although the Fund, PIMCO Canada and/or PIMCO believes that the
assumptions inherent in the forward-looking statements are
reasonable, forward-looking statements are not guarantees of future
performance and, accordingly, readers are cautioned not to place
undue reliance on such statements due to the inherent uncertainty
therein. The Fund, PIMCO Canada and/or PIMCO undertakes no
obligation to update publicly or otherwise revise any
forward-looking statement or information whether as a result of new
information, future events or other factors which affect this
information, except as required by law.
Commissions, management fees and expenses all
may be associated with an investment in the Class A Units. The
Class A Units are not guaranteed, their value may change frequently
and past performance may not be repeated.
The Fund is a closed-end exchange traded
investment fund. Closed-end funds, unlike open-end funds, are not
continuously offered. After the initial public offering, shares of
closed-end funds are sold on the open market through a stock
exchange. For additional information, contact your financial
advisor.
For a summary of the risks of an investment in
the fund, please see the Principal Risks of the Fund section of the
prospectus. Units of closed-end funds frequently trade at a
discount to their net asset value, which may increase risk of loss.
Distributions are not guaranteed and are subject to change and/or
elimination.
The products and services provided by PIMCO
Canada Corp. may only be available in certain provinces or
territories of Canada and only through dealers authorized for that
purpose. PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO
Canada will remain responsible for any loss that arises out of the
failure of its sub-adviser.
Contact:Agnes CranePIMCO –
Media RelationsPhone: +212 597.1054
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