News & Videos - PIMCO CORP. - Page 4

NEWPORT BEACH, Calif., May 14, 2019 (GLOBE NEWSWIRE) -- PIMCO Mortgage Income Trust Inc. (the “Company”) today announced that it has postponed its previously announced initial public offering. The Company elected to postpone the offering as a result of unfavorable equity market conditions, specifically in the market for initial public offerings. A registration statement on Form S-11, including a prospectus, relating to these securities has been filed with the Securities and Exchange...

NEWPORT BEACH, Calif., May 09, 2019 (GLOBE NEWSWIRE) -- PIMCO, one of the world’s premier fixed income investment managers, has named Dr. Richard Thaler as Senior Advisor on Retirement and Behavioral Economics. Dr. Thaler, who is a renowned economist and Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business, was awarded the Nobel Prize in Economic Sciences in 2017. He is also a Co-Founder and Partner at...

NEWPORT BEACH, Calif., May 07, 2019 (GLOBE NEWSWIRE) -- PIMCO, one of the world’s premier fixed income investment managers, has named Rene Martel, a Managing Director at the firm based in Newport Beach, as its Head of Retirement. He will report to Emmanuel Roman, PIMCO’s Chief Executive Officer. In this new role, Mr. Martel will expand his current role as Head of Pension Solutions to oversee the development and implementation of solutions across the broad retirement market. He will...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, April 18, 2019 (GLOBE NEWSWIRE) -- 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 May 14, 2019 to the holders of record at the close of business on April 30, 2019. Unitholders are...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, April 15, 2019 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) today announced the April 2019 cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on April 23, 2019, will receive per-unit cash distribution payable on April 30, 2019....

Overwhelming preference for active management for capital preservation and fixed income Target date fund reviews overtake fees as the main priority for plan sponsors NEWPORT BEACH, Calif., April 15, 2019 (GLOBE NEWSWIRE) -- Nearly two-thirds of the largest and mid-sized 401(k) consultants and advisors believe plan sponsors want to retain and continue to serve individual savers once they retire, up 14% from the previous year, as aging Baby Boomers confront the challenge of managing their savings...

NEW YORK, April 01, 2019 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on May 1, 2019 to shareholders of record on April 11, 2019, with an ex-dividend date of April 10, 2019. Fund NYSE Symbol Monthly Distribution Per Share Change from Prior Monthly Distribution Per Share PIMCO Corporate...

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...

NEW YORK, March 21, 2019 (GLOBE NEWSWIRE) -- The Board of Trustees of PIMCO Energy and Tactical Credit Opportunities Fund (the “Fund”) (NYSE: NRGX) has declared quarterly distributions for March and June 2019, as summarized below. Month Ex-Date Record Date Payable Date Quarterly Distribution on Per Share March 3/29/2019 4/1/2019 4/15/2019 $ 0.100000 June 6/12/2019 6/13/2019 7/1/2019 $ 0.400000 Distributions may include ordinary income, net capital gains and/or returns of capital. Generally,...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, March 20, 2019 (GLOBE NEWSWIRE) -- 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 April 12, 2019 to the holders of record at the close of business on March 29, 2019. Unitholders are...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, March 15, 2019 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) today announced the March 2019 cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on March 22, 2019, will receive per-unit cash distribution payable on March 29, 2019....

According to Reuters, Douglas Hodge, the former chief executive of the investment firm Pimco, was accused of taking part in a scheme in which wealthy parents ......

NEWPORT BEACH, Calif., March 07, 2019 (GLOBE NEWSWIRE) -- PIMCO, one of the world’s premier fixed income investment managers, is pleased to announce the promotion of the following officers of the firm to Managing Director. Mangala V. Ananthanarayanan, CFA Ms. Ananthanarayanan is a managing director and head of the business management teams in EMEA and APAC who is based in the London office. She was previously responsible for building out the enterprise risk function as well as driving...

NEW YORK, March 01, 2019 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on April 1, 2019 to shareholders of record on March 11, 2019, with an ex-dividend date of March 8, 2019. Fund NYSE Symbol Monthly Distribution Per Share PIMCO Corporate & Income Strategy Fund (NYSE: PCN) $0.112500...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, Feb. 19, 2019 (GLOBE NEWSWIRE) -- 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 March 14, 2019 to the holders of record at the close of business on February 28, 2019. Unitholders are...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, Feb. 14, 2019 (GLOBE NEWSWIRE) -- In a release issued February 13 by PIMCO Account Management please note the Cash Distribution per Unit rates in the table have changed. The corrected release follows: PIMCO Canada Corp. (“PIMCO Canada”) today announced the February 2019 cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly...

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, Feb. 13, 2019 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) today announced the February 2019 cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”). Unitholders of record of the ETF Series, at the close of business on February 21, 2019, will receive per-unit cash distribution payable on February 28,...

TORONTO, Feb. 08, 2019 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) has launched the PIMCO Low Duration Monthly Income Fund (Canada), which is designed for investors who seek income with low interest rate exposure. The fund will be managed by Dan Ivascyn, Managing Director and Group Chief Investment Officer, Alfred Murata, Managing Director and Portfolio Manager, and Josh Anderson, Managing Director and Portfolio Manager. This portfolio management team manages the popular Monthly...

NEW YORK, Feb. 01, 2019 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distributions are payable on March 1, 2019 to shareholders of record on February 11, 2019, with an ex-dividend date of February 8, 2019. Fund NYSE Symbol Monthly Distribution Per Share PIMCO Corporate & Income Strategy Fund (NYSE: PCN)...

TORONTO, Feb. 01, 2019 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) has launched the PIMCO Global Short Maturity Fund (Canada), which is designed to offer higher income potential than traditional cash investments. The fund will be managed by Jerome Schneider, Managing Director and Head of Short-Term Portfolio Management, Andrew Wittkop, Executive Vice President and Portfolio Manager, and Nathan Chiaverini, Senior Vice President and Portfolio Manager. Mr. Schneider manages the...