PIMCO Canada Corp. Announces Monthly Distributions for PIMCO Canada Exchange Traded Series
October 16 2020 - 4:23PM
PIMCO Canada Corp. (“PIMCO Canada”) today announced the October
2020 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 October 23, 2020, will receive per-unit cash distribution
payable on or about October 30, 2020.
Details of the per-unit cash distribution amount
are as follows:
Fund Name |
Ticker |
Cash Distribution per Unit |
|
PIMCO Monthly Income Fund (Canada) |
PMIF |
$0.04012 |
|
PIMCO Monthly Income Fund (Canada) US$ |
PMIF.U |
US$0.04426 |
|
PIMCO Investment Grade Credit Fund (Canada) |
IGCF |
$0.03905 |
|
PIMCO Global Short Maturity Fund (Canada) |
PMNT |
$0.01604 |
|
PIMCO Low Duration Monthly Income Fund (Canada) |
PLDI |
$0.03647 |
|
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
2,800+ 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.
Commissions, management fees and expenses all
may be associated with an investment in the ETF Series Units.
Please read the prospectus and ETF Facts carefully before
investing. The ETF Series Units are not guaranteed, their value may
change frequently and past performance may not be repeated.
For a summary of the risks of an investment in
the fund, please see the specific risks of mutual funds section of
the prospectus. Units of ETF Series trade like stocks, fluctuate in
market value and may trade at a discount to their net asset value,
which may increase risk of loss. Distributions are not guaranteed
and are subject to change and/or elimination.
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.
Contact:Agnes CranePIMCO –
Media Relations Phone: +212
597.1054Email: agnes.crane@pimco.com
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