PIMCO Global Income Opportunities Fund Announces Annual Redemption
April 01 2019 - 4:39PM
Not for distribution to United States newswire
services or for dissemination in the United States
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 CranePIMCO –
Media RelationsPhone: +212 597.1054Email: agnes.crane@pimco.com
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