Pimco Global StocksPLUS & Income Fund

Company Profile

Pimco Global StocksPLUS® & Income Fund seeks total return comprised of current income, current gains and long-term capital appreciation. Employing the innovative StocksPLUS approach, pioneered by PIMCO, the fund seeks total return composed of current income, current gains and long-term capital appreciation. The portfolio manager builds a global equity and debt portfolio by investing at least 80% of the fund’s net assets (plus any borrowings for investment purposes) in a combination of securities and instruments that provide exposure to stocks and/or produce income. The fund’s stock exposure may be obtained through stock holdings and/or through index and other derivative instruments that have economic characteristics similar to U.S. and non-U.S. stocks. Exposure to income-producing instruments may be obtained through the use of fixed income and other derivative instruments. The fund may make substantial use of interest rate swap and other derivatives transactions (“paired swap transactions”) for the principal purpose of generating distributable gains that are not part of the fund's duration or yield curve management strategies. Please see the fund’s most recent shareholder report for details. The fund may employ a strategy of writing (selling) equity index call options on the U.S. equity portion seek to generate gains from option premiums, which may limit the fund’s gains from increases in the S&P 500 Index. The fund may also purchase put options on the S&P 500 in an effort to protect against significant market declines. Gains (if any) generated from the index option strategy may be offset by the fund's realized capital losses, including any available capital loss carryforwards. The actively managed collateral portfolio is investment grade quality with a low- to intermediate-average duration (ranging from 1 year to 2+ years above the Bloomberg Barclays U.S. Aggregate Index).