PIMCO Global Income Opportunities Fund Announces Annual Redemption

Not for distribution to United States newswire services or for dissemination in the United States

TORONTO, April 01, 2019 (GLOBE NEWSWIRE) -- PIMCO Global Income Opportunities Fund (the “Fund”) (TSX: PGI.UN) announced that the redemption price for the 1,499,317 Class A Units (the “Units”) that have been tendered for redemption on the annual redemption date of March 31, 2019 will be $9.82571 per Unit.  Redeeming unitholders will also be entitled to receive the March monthly distribution of $0.05688 per Unit, payable on April 12, 2019. Payment of the proceeds of redemption will be made on or before April 22, 2019.

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:

(a)		provide unitholders with monthly cash distributions;
(b)		maximize total return to unitholders through distributions and capital appreciation; and
(c)		preserve capital.

About PIMCO

PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,150+ 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.

Contact:
Agnes Crane
PIMCO – Media Relations
Phone: +212 597.1054
Email: [email protected]