Le Lézard
Classified in: Business
Subjects: MUTUAL FUNDS, v

PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Exchange Traded Series


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

TORONTO, Jan. 17, 2024 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. ("PIMCO Canada") today announced the 2024 January 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 January 24, 2024, will receive per-unit cash distribution payable on or about January 31, 2024.

Details of the per-unit cash distribution amount are as follow:

Fund NameTicker Cash Distribution per Unit
PIMCO Monthly Income Fund (Canada)PMIF$0.04491
PIMCO Monthly Income Fund (Canada) US$PMIF.UUS $0.04822
PIMCO Investment Grade Credit Fund (Canada)IGCF$0.03815
PIMCO Global Short Maturity Fund (Canada)PMNT$0.04392
PIMCO Low Duration Monthly Income Fund (Canada)PLDI$0.04599

The Manager, PIMCO Canada administers and manages the PIMCO Canada ETFs, and retains Pacific Investment Management Company LLC ("PIMCO"), to provide sub-advisory services to the Funds.

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 3,000+ 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 Funds. The forward-looking statements are not historical facts but reflect the Funds', PIMCO Canada's 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 Funds, 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 Funds, 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.

No offering is being made by this material. Interested investors should obtain a copy of the prospectus, which is available from your Financial Advisor.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

All investments contain risk and can lose value. For a summary of the risks of an investment in a specific fund, please see the risks of mutual funds section of the prospectus.

Investments made by a Fund and the results achieved by a Fund are not expected to be the same as those made by any other PIMCO-advised Fund, including those with a similar name, investment objective or policies. A new or smaller Fund's performance may not represent how the Fund is expected to or may perform in the long-term. New Funds have limited operating histories for investors to evaluate and new and smaller Funds may not attract sufficient assets to achieve investment and trading efficiencies. A Fund may be forced to sell a comparatively large portion of its portfolio to meet significant shareholder redemptions for cash, or hold a comparatively large portion of its portfolio in cash due to significant share purchases for cash, in each case when the Fund otherwise would not seek to do so, which may adversely affect performance.

Funds can offer different series, which are subject to different fees and expenses (which may affect performance), having different minimum investment requirements and are entitled to different services.

The products and services provided by PIMCO Canada 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.

PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. ©2023, PIMCO

PIMCO Canada Corp. 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350

Contact:
Agnes Crane
PIMCO ? Media Relations Phone:
+212 597.1054



These press releases may also interest you

at 04:33
Lesaffre, an independent key global player in fermentation and microorganisms, announced today the acquisition of a majority stake in Biorigin, a business unit of Zilor, a multinational company producing yeast derivative products, to enhance the...

at 03:07
Global consulting firm J.S. Held, proudly celebrating 50 transformative years, announces Lee Spirer as its new President and Chief Operating Officer (COO), reporting to Chief Executive Officer (CEO), Jonathon Held.  Lee Spirer is a transformational...

at 03:01
This month, Pleasing is excited to present a landmark collaboration with Disney Fantasia. Disney Fantasia x Pleasing will introduce a product collection across apparel, accessories, nails and skincare. The Disney Fantasia x Pleasing collection began...

at 03:00
In an op-ed published in The Hill on Sept. 28, 2024,...

at 03:00
Clarivate Plc a leading global provider of transformative intelligence, today announced the full agenda for the 2nd annual Summit LATAM, which will be held in Milan on October 7, 2024, ahead of the CPHI Milan conference. In partnership with the...

at 02:20
Skanska has signed a contract with Harris Health System for the construction of a new healthcare building in Houston, Texas, USA. The contract is worth USD 54M, about SEK 570M, which will be included in the US order bookings for the third quarter of...



News published on and distributed by: