|
Inst
|
I-2
|
I-3
|
Admin
|
A
|
C
|
C-2
|
R
|
PIMCO Credit Opportunities
Bond Fund
|
PCARX
|
PPCRX
|
-
|
-
|
PZCRX
|
PCCRX
|
-
|
-
|
PIMCO Diversified Income
Fund
|
PDIIX
|
PDVPX
|
PDNIX
|
PDAAX
|
PDVAX
|
PDICX
|
-
|
-
|
PIMCO ESG Income Fund
|
PEGIX
|
PEGPX
|
PEGQX
|
|
PEGAX
|
PEGBX
|
|
|
PIMCO High YieId Fund
|
PHIYX
|
PHLPX
|
PHNNX
|
PHYAX
|
PHDAX
|
PHDCX
|
-
|
PHYRX
|
PIMCO High YieId Spectrum
Fund
|
PHSIX
|
PHSPX
|
PHFNX
|
-
|
PHSAX
|
PHSCX
|
-
|
-
|
PIMCO Income Fund
|
PIMIX
|
PONPX
|
PIPNX
|
PIINX
|
PONAX
|
PONCX
|
-
|
PONRX
|
PIMCO Long-Term Credit Bond
Fund
|
PTCIX
|
PLCPX
|
-
|
-
|
-
|
-
|
-
|
-
|
PIMCO Low Duration Credit
Fund
|
PSRIX
|
PSRPX
|
-
|
-
|
PSRZX
|
PSRWX
|
-
|
-
|
PIMCO Low Duration Income
Fund
|
PFIIX
|
PFTPX
|
PFNIX
|
-
|
PFIAX
|
PFNCX
|
PLDCX
|
-
|
PIMCO Preferred and CapitaI
Securities Fund
|
PFINX
|
PFPNX
|
PFNNX
|
-
|
PFANX
|
PFCJX
|
-
|
-
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a percentage of offering price)
|
None
|
None
|
None
|
3.75%
|
None
|
Maximum Deferred Sales Charge (Load) (as a
percentage of the lower of the original purchase
price or redemption price)
|
None
|
None
|
None
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Management Fees
|
0.90%
|
1.00%
|
1.10%
|
1.05%
|
1.05%
|
Distribution and/or Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
1.00%
|
Total Annual Fund Operating Expenses
|
0.90%
|
1.00%
|
1.10%
|
1.30%
|
2.05%
|
Fee Waiver and/or Expense Reimbursement
(1)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
Total Annual Fund Operating Expenses
After Fee Waiver and/or Expense
Reimbursement
|
0.90%
|
1.00%
|
1.05%
|
1.30%
|
2.05%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$92
|
$287
|
$498
|
$1,108
|
I-2
|
$102
|
$318
|
$552
|
$1,225
|
I-3
|
$107
|
$345
|
$601
|
$1,336
|
Class A
|
$502
|
$772
|
$1,061
|
$1,884
|
Class C
|
$308
|
$643
|
$1,103
|
$2,379
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$502
|
$772
|
$1,061
|
$1,884
|
Class C
|
$208
|
$643
|
$1,103
|
$2,379
|
Best Quarter
|
June 30, 2020
|
6.57%
|
Worst Quarter
|
March 31, 2020
|
-8.87%
|
Year-to-Date
|
June 30, 2022
|
-6.97%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
1.43%
|
3.83%
|
3.63%
|
Institutional Class Return After Taxes on Distributions
(1)
|
0.06%
|
2.26%
|
2.06%
|
Institutional Class Return After Taxes on Distributions
and Sales of Fund Shares
(1)
|
0.85%
|
2.25%
|
2.10%
|
I-2 Return Before Taxes
|
1.26%
|
3.71%
|
3.52%
|
Class A Return Before Taxes
|
-2.70%
|
2.65%
|
2.82%
|
Class C Return Before Taxes
|
-0.65%
|
2.66%
|
2.45%
|
ICE BofA SOFR Overnight Rate Index (reflects no
deductions for fees, expenses or taxes)
(2)
|
0.04%
|
–
|
–
|
3 Month USD LIBOR (reflects no deductions for fees,
expenses or taxes)
|
0.18%
|
1.41%
|
0.90%
|
Lipper Absolute Return Bond Funds Average (reflects no
deductions for taxes)
|
0.73%
|
3.14%
|
3.07%
|
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Maximum Sales
Charge (Load)
Imposed on
Purchases (as a
percentage of
offering price)
|
None
|
None
|
None
|
None
|
3.75%
|
None
|
Maximum Deferred
Sales Charge (Load)
(as a percentage of
the lower of the
original purchase
price or redemption
price)
|
None
|
None
|
None
|
None
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Management Fees
|
0.75%
|
0.85%
|
0.95%
|
0.75%
|
0.90%
|
0.90%
|
Distribution and/or
Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
0.25%
|
1.00%
|
Total Annual
Fund Operating
Expenses
|
0.75%
|
0.85%
|
0.95%
|
1.00%
|
1.15%
|
1.90%
|
Fee Waiver and/or
Expense
Reimbursement
(1)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
N/A
|
Total Annual
Fund Operating
Expenses After
Fee Waiver
and/or Expense
Reimbursement
|
0.75%
|
0.85%
|
0.90%
|
1.00%
|
1.15%
|
1.90%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$77
|
$240
|
$417
|
$930
|
I-2
|
$87
|
$271
|
$471
|
$1,049
|
I-3
|
$92
|
$298
|
$521
|
$1,162
|
Administrative Class
|
$102
|
$318
|
$552
|
$1,225
|
Class A
|
$488
|
$727
|
$984
|
$1,720
|
Class C
|
$293
|
$597
|
$1,026
|
$2,222
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$488
|
$727
|
$984
|
$1,720
|
Class C
|
$193
|
$597
|
$1,026
|
$2,222
|
Best Quarter
|
June 30, 2020
|
7.19%
|
Worst Quarter
|
March 31, 2020
|
-7.53%
|
Year-to-Date
|
June 30, 2022
|
-15.56%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
0.34%
|
5.35%
|
5.47%
|
Institutional Class Return After Taxes on Distributions
(1)
|
-1.10%
|
3.50%
|
3.17%
|
Institutional Class Return After Taxes on Distributions
and Sales of Fund Shares
(1)
|
0.20%
|
3.29%
|
3.21%
|
I-2 Return Before Taxes
|
0.24%
|
5.24%
|
5.37%
|
I-3 Return Before Taxes
|
0.19%
|
5.19%
|
5.32%
|
Administrative Class Return Before Taxes
|
0.09%
|
5.09%
|
5.21%
|
Class A Return Before Taxes
|
-3.80%
|
4.13%
|
4.65%
|
Class C Return Before Taxes
|
-1.77%
|
4.15%
|
4.27%
|
Bloomberg Global Credit Hedged USD Index (reflects no
deductions for fees, expenses or taxes)
|
-0.41%
|
4.74%
|
4.93%
|
1/3 each - Bloomberg Global Aggregate Credit ex
Emerging Markets, USD Hedged; ICE BofAML BB-B
Rated Developed Markets High Yield Constrained Index,
USD Hedged; and JPMorgan EMBI Global, USD
Hedged (reflects no deductions for fees, expenses or
taxes)
|
0.62%
|
5.05%
|
5.53%
|
Lipper Multi-Sector Income Funds Average (reflects no
deductions for taxes)
|
1.98%
|
4.24%
|
4.42%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a percentage of offering price)
|
None
|
None
|
None
|
3.75%
|
None
|
Maximum Deferred Sales Charge (Load) (as a
percentage of the lower of the original purchase
price or redemption price)
|
None
|
None
|
None
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Management Fees
|
0.50%
|
0.60%
|
0.70%
|
0.65%
|
0.65%
|
Distribution and/or Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
1.00%
|
Other Expenses
(1)
|
0.02%
|
0.02%
|
0.02%
|
0.02%
|
0.02%
|
Total Annual Fund Operating Expenses
|
0.52%
|
0.62%
|
0.72%
|
0.92%
|
1.67%
|
Fee Waiver and/or Expense Reimbursement
(2)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
Total Annual Fund Operating Expenses
After Fee Waiver and/or Expense
Reimbursement
|
0.52%
|
0.62%
|
0.67%
|
0.92%
|
1.67%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$53
|
$167
|
$291
|
$653
|
I-2
|
$63
|
$199
|
$346
|
$774
|
I-3
|
$68
|
$225
|
$396
|
$890
|
Class A
|
$465
|
$657
|
$865
|
$1,464
|
Class C
|
$270
|
$526
|
$907
|
$1,976
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$465
|
$657
|
$865
|
$1,464
|
Class C
|
$170
|
$526
|
$907
|
$1,976
|
Best Quarter
|
June 30, 2021
|
1.56%
|
Worst Quarter
|
December 31, 2021
|
0.06%
|
Year-to-Date
|
June 30, 2022
|
-6.74%
|
|
1 Year
|
Since
Inception
|
Inception
Date
|
Institutional Class Return Before Taxes
|
2.97%
|
5.30%
|
9/30/2020
|
Institutional Class Return After Taxes on
Distributions
(1)
|
1.91%
|
4.27%
|
|
Institutional Class Return After Taxes on
Distributions and Sales of Fund Shares
(1)
|
1.76%
|
3.61%
|
|
I-2 Return Before Taxes
|
2.87%
|
5.20%
|
9/30/2020
|
I-3 Return Before Taxes
|
2.82%
|
5.15%
|
9/30/2020
|
Class A Return Before Taxes
|
-1.27%
|
1.73%
|
9/30/2020
|
Class C Return Before Taxes
|
0.81%
|
4.10%
|
9/30/2020
|
Bloomberg U.S. Aggregate Index (reflects no
deductions for fees, expenses or taxes)
|
-1.54%
|
-0.71%
|
|
Lipper Multi-Sector Income Funds Average (reflects
no deductions for taxes)
|
1.98%
|
4.85%
|
|
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Class R
|
Maximum Sales
Charge (Load)
Imposed on
Purchases (as a
percentage of
offering price)
|
None
|
None
|
None
|
None
|
3.75%
|
None
|
None
|
Maximum Deferred
Sales Charge (Load)
(as a percentage of
the lower of the
original purchase
price or redemption
price)
|
None
|
None
|
None
|
None
|
1.00%
|
1.00%
|
None
|
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Class R
|
Management Fees
|
0.55%
|
0.65%
|
0.75%
|
0.55%
|
0.65%
|
0.65%
|
0.65%
|
Distribution and/or
Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
0.25%
|
1.00%
|
0.50%
|
Other Expenses
(1)
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
Total Annual
Fund Operating
Expenses
|
0.56%
|
0.66%
|
0.76%
|
0.81%
|
0.91%
|
1.66%
|
1.16%
|
Fee Waiver and/or
Expense
Reimbursement
(2)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
N/A
|
N/A
|
Total Annual
Fund Operating
Expenses After
Fee Waiver
and/or Expense
Reimbursement
|
0.56%
|
0.66%
|
0.71%
|
0.81%
|
0.91%
|
1.66%
|
1.16%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$57
|
$179
|
$313
|
$701
|
I-2
|
$67
|
$211
|
$368
|
$822
|
I-3
|
$73
|
$238
|
$417
|
$938
|
Administrative Class
|
$83
|
$259
|
$450
|
$1,002
|
Class A
|
$464
|
$654
|
$860
|
$1,453
|
Class C
|
$269
|
$523
|
$902
|
$1,965
|
Class R
|
$118
|
$368
|
$638
|
$1,409
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$464
|
$654
|
$860
|
$1,453
|
Class C
|
$169
|
$523
|
$902
|
$1,965
|
Best Quarter
|
June 30, 2020
|
7.99%
|
Worst Quarter
|
March 31, 2020
|
-11.04%
|
Year-to-Date
|
June 30, 2022
|
-13.94%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
4.05%
|
5.62%
|
6.17%
|
Institutional Class Return After Taxes on Distributions
(1)
|
2.15%
|
3.47%
|
3.68%
|
Institutional Class Return After Taxes on Distributions
and Sales of Fund Shares
(1)
|
2.37%
|
3.35%
|
3.67%
|
I-2 Return Before Taxes
|
3.94%
|
5.51%
|
6.06%
|
I-3 Return Before Taxes
|
3.89%
|
5.46%
|
6.01%
|
Administrative Class Return Before Taxes
|
3.79%
|
5.36%
|
5.91%
|
Class A Return Before Taxes
|
-0.20%
|
4.45%
|
5.40%
|
Class C Return Before Taxes
|
1.92%
|
4.46%
|
5.01%
|
Class R Return Before Taxes
|
3.43%
|
4.99%
|
5.54%
|
ICE BofAML U.S. High Yield, BB-B Rated, Constrained
Index (reflects no deductions for fees, expenses or taxes)
|
4.60%
|
6.04%
|
6.54%
|
Lipper High Yield Funds Average (reflects no deductions
for taxes)
|
5.09%
|
5.41%
|
5.85%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a percentage of offering price)
|
None
|
None
|
None
|
3.75%
|
None
|
Maximum Deferred Sales Charge (Load) (as a
percentage of the lower of the original purchase
price or redemption price)
|
None
|
None
|
None
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Management Fees
|
0.60%
|
0.70%
|
0.80%
|
0.70%
|
0.70%
|
Distribution and/or Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
1.00%
|
Other Expenses
(1)
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
Total Annual Fund Operating Expenses
|
0.61%
|
0.71%
|
0.81%
|
0.96%
|
1.71%
|
Fee Waiver and/or Expense Reimbursement
(2)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
Total Annual Fund Operating Expenses
After Fee Waiver and/or Expense
Reimbursement
|
0.61%
|
0.71%
|
0.76%
|
0.96%
|
1.71%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$62
|
$195
|
$340
|
$762
|
I-2
|
$73
|
$227
|
$395
|
$883
|
I-3
|
$74
|
$241
|
$423
|
$949
|
Class A
|
$469
|
$669
|
$886
|
$1,509
|
Class C
|
$274
|
$539
|
$928
|
$2,019
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$469
|
$669
|
$886
|
$1,509
|
Class C
|
$174
|
$539
|
$928
|
$2,019
|
Best Quarter
|
June 30, 2020
|
8.87%
|
Worst Quarter
|
March 31, 2020
|
-12.61%
|
Year-to-Date
|
June 30, 2022
|
-14.36%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
4.67%
|
6.08%
|
7.05%
|
Institutional Class Return After Taxes on Distributions
(1)
|
2.62%
|
3.72%
|
4.22%
|
Institutional Class Return After Taxes on Distributions and
Sales of Fund Shares
(1)
|
2.74%
|
3.61%
|
4.20%
|
I-2 Return Before Taxes
|
4.57%
|
5.97%
|
6.94%
|
I-3 Return Before Taxes
|
4.52%
|
5.92%
|
6.89%
|
Class A Return Before Taxes
|
0.41%
|
4.91%
|
6.27%
|
Class C Return Before Taxes
|
2.54%
|
4.92%
|
5.89%
|
ICE BofAML Developed Markets High Yield Constrained
(USD Hedged) Index (reflects no deductions for fees,
expenses or taxes)
|
5.06%
|
6.09%
|
7.13%
|
Lipper Global High Yield Funds Average (reflects no
deductions for taxes)
|
3.81%
|
4.92%
|
5.62%
|
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Class R
|
Maximum Sales
Charge (Load)
Imposed on
Purchases (as a
percentage of
offering price)
|
None
|
None
|
None
|
None
|
3.75%
|
None
|
None
|
Maximum Deferred
Sales Charge (Load)
(as a percentage of
the lower of the
original purchase
price or redemption
price)
|
None
|
None
|
None
|
None
|
1.00%
|
1.00%
|
None
|
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Class R
|
Management Fees
|
0.50%
|
0.60%
|
0.70%
|
0.50%
|
0.65%
|
0.65%
|
0.65%
|
Distribution and/or
Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
0.25%
|
1.00%
|
0.50%
|
Other Expenses
(1)
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
Total Annual
Fund Operating
Expenses
|
0.51%
|
0.61%
|
0.71%
|
0.76%
|
0.91%
|
1.66%
|
1.16%
|
Fee Waiver and/or
Expense
Reimbursement
(2)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
N/A
|
N/A
|
Total Annual
Fund Operating
Expenses After
Fee Waiver
and/or Expense
Reimbursement
|
0.51%
|
0.61%
|
0.66%
|
0.76%
|
0.91%
|
1.66%
|
1.16%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$52
|
$164
|
$285
|
$640
|
I-2
|
$62
|
$195
|
$340
|
$762
|
I-3
|
$67
|
$222
|
$390
|
$878
|
Administrative Class
|
$78
|
$243
|
$422
|
$942
|
Class A
|
$464
|
$654
|
$860
|
$1,453
|
Class C
|
$269
|
$523
|
$902
|
$1,965
|
Class R
|
$118
|
$368
|
$638
|
$1,409
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$464
|
$654
|
$860
|
$1,453
|
Class C
|
$169
|
$523
|
$902
|
$1,965
|
Best Quarter
|
September 30, 2012
|
8.22%
|
Worst Quarter
|
March 31, 2020
|
-7.66%
|
Year-to-Date
|
June 30, 2022
|
-9.16%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
2.61%
|
5.08%
|
6.97%
|
Institutional Class Return After Taxes on Distributions
(1)
|
0.96%
|
2.87%
|
4.45%
|
Institutional Class Return After Taxes on Distributions
and Sales of Fund Shares
(1)
|
1.54%
|
2.92%
|
4.30%
|
I-2 Return Before Taxes
|
2.50%
|
4.97%
|
6.87%
|
I-3 Return Before Taxes
|
2.45%
|
4.91%
|
6.76%
|
Administrative Class Return Before Taxes
|
2.35%
|
4.82%
|
6.72%
|
Class A Return Before Taxes
|
-1.62%
|
3.86%
|
6.15%
|
Class C Return Before Taxes
|
0.45%
|
3.88%
|
5.80%
|
Class R Return Before Taxes
|
1.94%
|
4.40%
|
6.30%
|
Bloomberg U.S. Aggregate Index (reflects no deductions
for fees, expenses or taxes)
|
-1.54%
|
3.57%
|
2.90%
|
Lipper Multi-Sector Income Funds Average (reflects no
deductions for taxes)
|
1.98%
|
4.24%
|
4.42%
|
|
Inst
Class
|
I-2
|
Class A
|
Maximum Sales Charge (Load) Imposed on Purchases (as a
percentage of offering price)
|
None
|
None
|
3.75%
|
Maximum Deferred Sales Charge (Load) (as a percentage of the lower
of the original purchase price or redemption
price)
|
None
|
None
|
1.00%
|
|
Inst
Class
|
I-2
|
Class A
|
Management Fees
|
0.55%
|
0.65%
|
0.70%
|
Distribution and/or Service (12b-1) Fees
|
N/A
|
N/A
|
0.25%
|
Other Expenses
(1)
|
0.02%
|
0.02%
|
0.02%
|
Total Annual Fund Operating Expenses
|
0.57%
|
0.67%
|
0.97%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$58
|
$183
|
$318
|
$714
|
I-2
|
$68
|
$214
|
$373
|
$835
|
Class A
|
$470
|
$672
|
$891
|
$1,520
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$470
|
$672
|
$891
|
$1,520
|
Best Quarter
|
June 30, 2020
|
11.12%
|
Worst Quarter
|
March 31, 2021
|
-8.31%
|
Year-to-Date
|
June 30, 2022
|
-23.84%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
-1.02%
|
8.32%
|
7.83%
|
Institutional Class Return After Taxes on Distributions
(1)
|
-3.55%
|
5.78%
|
4.84%
|
Institutional Class Return After Taxes on Distributions
and Sales of Fund Shares
(1)
|
-0.30%
|
5.42%
|
4.77%
|
I-2 Return Before Taxes
|
-1.11%
|
8.21%
|
7.72%
|
Bloomberg U.S. Long Credit Index (reflects no
deductions for fees, expenses or taxes)
|
-1.18%
|
7.64%
|
6.42%
|
Lipper General Bond Funds Average (reflects no
deductions for taxes)
|
0.31%
|
4.73%
|
4.72%
|
|
Inst
Class
|
I-2
|
Class A
|
Class C
|
Maximum Sales Charge (Load) Imposed on Purchases (as a
percentage of offering price)
|
None
|
None
|
2.25%
|
None
|
Maximum Deferred Sales Charge (Load) (as a percentage of
the lower of the original purchase price or redemption price)
|
None
|
None
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
Class A
|
Class C
|
Management Fees
|
0.70%
|
0.80%
|
0.75%
|
0.75%
|
Distribution and/or Service (12b-1) Fees
|
N/A
|
N/A
|
0.25%
|
1.00%
|
Other Expenses
(1)
|
0.03%
|
0.03%
|
0.03%
|
0.03%
|
Total Annual Fund Operating Expenses
|
0.73%
|
0.83%
|
1.03%
|
1.78%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$75
|
$233
|
$406
|
$906
|
I-2
|
$85
|
$265
|
$460
|
$1,025
|
Class A
|
$328
|
$545
|
$781
|
$1,456
|
Class C
|
$281
|
$560
|
$964
|
$2,095
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$328
|
$545
|
$781
|
$1,456
|
Class C
|
$181
|
$560
|
$964
|
$2,095
|
Best Quarter
|
June 30, 2020
|
4.97%
|
Worst Quarter
|
March 31, 2020
|
-11.32%
|
Year-to-Date
|
June 30, 2022
|
-6.35%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
3.37%
|
2.84%
|
3.46%
|
Institutional Class Return After Taxes on Distributions
(1)
|
1.58%
|
1.06%
|
1.73%
|
Institutional Class Return After Taxes on Distributions and
Sales of Fund Shares
(1)
|
1.98%
|
1.39%
|
1.89%
|
I-2 Return Before Taxes
|
3.27%
|
2.74%
|
3.35%
|
Class A Return Before Taxes
|
0.80%
|
2.06%
|
2.76%
|
Class C Return Before Taxes
|
1.30%
|
1.76%
|
2.38%
|
50% ICE BofAML 1-5 Year US High Yield Constrained
Index and 50% J.P. Morgan Leveraged Loan
Index (reflects no deductions for fees, expenses or taxes)
|
5.74%
|
4.85%
|
5.45%
|
Lipper Loan Participation Funds Average (reflects no
deductions for taxes)
|
4.51%
|
3.23%
|
3.78%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Class C-2
|
Maximum Sales
Charge (Load)
Imposed on
Purchases (as a
percentage of
offering price)
|
None
|
None
|
None
|
2.25%
|
None
|
None
|
Maximum Deferred
Sales Charge (Load)
(as a percentage of
the lower of the
original purchase
price or redemption
price)
|
None
|
None
|
None
|
1.00%
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Class C-2
|
Management Fees
|
0.50%
|
0.60%
|
0.70%
|
0.65%
|
0.65%
|
0.65%
|
Distribution and/or
Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
0.55%
|
0.75%
|
Total Annual
Fund Operating
Expenses
|
0.50%
|
0.60%
|
0.70%
|
0.90%
|
1.20%
|
1.40%
|
Fee Waiver and/or
Expense
Reimbursement
(1)
|
N/A
|
N/A
|
(0.05%)
|
N/A
|
N/A
|
N/A
|
Total Annual
Fund Operating
Expenses After
Fee Waiver
and/or Expense
Reimbursement
|
0.50%
|
0.60%
|
0.65%
|
0.90%
|
1.20%
|
1.40%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$51
|
$160
|
$280
|
$628
|
I-2
|
$61
|
$192
|
$335
|
$750
|
I-3
|
$66
|
$219
|
$385
|
$866
|
Class A
|
$315
|
$506
|
$712
|
$1,308
|
Class C
|
$222
|
$381
|
$660
|
$1,455
|
Class C-2
|
$243
|
$443
|
$766
|
$1,680
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$315
|
$506
|
$712
|
$1,308
|
Class C
|
$122
|
$381
|
$660
|
$1,455
|
Class C-2
|
$143
|
$443
|
$766
|
$1,680
|
Best Quarter
|
March 31, 2012
|
6.01%
|
Worst Quarter
|
March 31, 2020
|
-6.52%
|
Year-to-Date
|
June 30, 2022
|
-6.71%
|
|
1 Year
|
5 Years
|
10 Years
|
Institutional Class Return Before Taxes
|
2.37%
|
4.26%
|
4.55%
|
Institutional Class Return After Taxes on Distributions
(1)
|
1.11%
|
2.76%
|
2.81%
|
Institutional Class Return After Taxes on Distributions
and Sales of Fund Shares
(1)
|
1.40%
|
2.62%
|
2.73%
|
I-2 Return Before Taxes
|
2.27%
|
4.16%
|
4.45%
|
I-3 Return Before Taxes
|
2.22%
|
4.11%
|
4.44%
|
Class A Return Before Taxes
|
-0.33%
|
3.38%
|
3.90%
|
Class C Return Before Taxes
|
0.67%
|
3.54%
|
3.83%
|
Class C-2 Return Before Taxes
|
1.46%
|
3.31%
|
3.63%
|
Bloomberg U.S. Aggregate 1-3 Years Index (reflects no
deductions for fees, expenses or taxes)
|
-0.49%
|
1.81%
|
1.38%
|
Lipper Short Investment Grade Debt Funds
Average (reflects no deductions for taxes)
|
0.07%
|
2.14%
|
1.82%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Maximum Sales Charge (Load) Imposed on
Purchases (as a percentage of offering price)
|
None
|
None
|
None
|
3.75%
|
None
|
Maximum Deferred Sales Charge (Load) (as a
percentage of the lower of the original purchase
price or redemption price)
|
None
|
None
|
None
|
1.00%
|
1.00%
|
|
Inst
Class
|
I-2
|
I-3
|
Class A
|
Class C
|
Management Fees
|
0.79%
|
0.89%
|
0.99%
|
0.89%
|
0.89%
|
Distribution and/or Service (12b-1) Fees
|
N/A
|
N/A
|
N/A
|
0.25%
|
1.00%
|
Acquired Fund Fees and Expenses
|
0.09%
|
0.09%
|
0.09%
|
0.09%
|
0.09%
|
Total Annual Fund Operating
Expenses
|
0.88%
|
0.98%
|
1.08%
|
1.23%
|
1.98%
|
Fee Waiver and/or Expense
Reimbursement
(1)
(2)
|
(0.09%)
|
(0.09%)
|
(0.14%)
|
(0.09%)
|
(0.09%)
|
Total Annual Fund Operating
Expenses After Fee Waiver and/or
Expense Reimbursement
|
0.79%
|
0.89%
|
0.94%
|
1.14%
|
1.89%
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Institutional Class
|
$81
|
$272
|
$479
|
$1,076
|
I-2
|
$91
|
$303
|
$533
|
$1,193
|
I-3
|
$96
|
$330
|
$582
|
$1,305
|
Class A
|
$487
|
$742
|
$1,017
|
$1,800
|
Class C
|
$292
|
$613
|
$1,059
|
$2,299
|
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$487
|
$742
|
$1,017
|
$1,800
|
Class C
|
$192
|
$613
|
$1,059
|
$2,299
|
Best Quarter
|
June 30, 2020
|
10.74%
|
Worst Quarter
|
March 31, 2020
|
-13.71%
|
Year-to-Date
|
June 30, 2022
|
-15.24%
|
|
1 Year
|
5 Years
|
Since
Inception
|
Inception
Date
|
Institutional Class Return Before Taxes
|
4.60%
|
7.86%
|
7.11%
|
4/13/2015
|
Institutional Class Return After Taxes on
Distributions
(1)
|
2.99%
|
5.94%
|
5.20%
|
|
Institutional Class Return After Taxes on
Distributions and Sales of Fund Shares
(1)
|
3.49%
|
5.52%
|
4.89%
|
|
I-2 Return Before Taxes
|
4.53%
|
7.76%
|
7.02%
|
4/13/2015
|
I-3 Return Before Taxes
|
4.46%
|
7.70%
|
6.95%
|
4/27/2018
|
Class A Return Before Taxes
|
0.39%
|
6.67%
|
6.14%
|
4/13/2015
|
Class C Return Before Taxes
|
2.46%
|
6.71%
|
5.96%
|
8/23/2019
|
70% ICE BofAML 8% Constrained Core
West Preferred & Jr Subordinated
Securities Index and 30% ICE BofAML
Contingent Capital (COCO)
Index (reflects no deductions for fees,
expenses or taxes)
|
4.07%
|
7.42%
|
6.52%
|
|
Lipper Flexible Income Funds
Average (reflects no deductions for
taxes)
(2)
|
4.29%
|
5.88%
|
5.06%
|
|
Principal Risk
|
PIMCO
Credit
Opportunities
Bond Fund
|
PIMCO
Diversified
Income Fund
|
PIMCO ESG Income Fund
|
PIMCO
High Yield Fund
|
PIMCO
High Yield
Spectrum Fund
|
Interest Rate
|
x
|
x
|
x
|
x
|
x
|
Call
|
x
|
x
|
x
|
x
|
x
|
Credit
|
x
|
x
|
x
|
x
|
x
|
Capital Securities
|
–
|
–
|
–
|
–
|
–
|
Preferred Securities
|
–
|
–
|
–
|
–
|
–
|
Concentration in Banking Industries
|
–
|
–
|
–
|
–
|
–
|
Contingent Convertible Securities
|
–
|
–
|
x
|
–
|
–
|
High Yield
|
x
|
x
|
x
|
x
|
x
|
Market
|
x
|
x
|
x
|
x
|
x
|
Issuer
|
x
|
x
|
x
|
x
|
x
|
Liquidity
|
x
|
x
|
x
|
x
|
x
|
Derivatives
|
x
|
x
|
x
|
x
|
x
|
Equity
|
x
|
x
|
x
|
x
|
x
|
Mortgage-Related and Other Asset-Backed Securities
|
x
|
x
|
x
|
x
|
–
|
Foreign (Non-U.S.) Investment
|
x
|
x
|
x
|
x
|
x
|
Emerging Markets
|
x
|
x
|
x
|
x
|
x
|
Sovereign Debt
|
x
|
x
|
x
|
x
|
x
|
Currency
|
x
|
x
|
x
|
x
|
x
|
Leveraging
|
x
|
x
|
x
|
x
|
x
|
Management
|
x
|
x
|
x
|
x
|
x
|
Subsidiary
|
–
|
–
|
–
|
–
|
–
|
Regulation S Securities
|
–
|
–
|
–
|
–
|
–
|
Short Exposure
|
x
|
x
|
x
|
x
|
x
|
Convertible Securities
|
x
|
–
|
–
|
–
|
–
|
Senior Loan
|
x
|
–
|
–
|
–
|
–
|
Distribution Rate
|
–
|
–
|
x
|
–
|
–
|
Environmental, Social and Governance Investing
|
–
|
–
|
x
|
–
|
–
|
LIBOR Transition
|
x
|
x
|
x
|
x
|
–
|
“Covenant-lite” Obligations
|
–
|
–
|
–
|
–
|
–
|
Principal Risk
|
PIMCO
Income Fund
|
PIMCO
Long-Term Credit
Bond Fund
|
PIMCO
Low Duration Credit Fund
|
PIMCO Low
Duration Income
Fund
|
PIMCO Preferred
and Capital
Securities Fund
|
Interest Rate
|
x
|
x
|
x
|
x
|
x
|
Call
|
x
|
x
|
x
|
x
|
x
|
Credit
|
x
|
x
|
x
|
x
|
x
|
Capital Securities
|
–
|
–
|
–
|
–
|
x
|
Preferred Securities
|
–
|
–
|
–
|
–
|
x
|
Concentration in Banking Industries
|
–
|
–
|
–
|
–
|
x
|
Contingent Convertible Securities
|
x
|
–
|
–
|
x
|
x
|
High Yield
|
x
|
x
|
x
|
x
|
x
|
Market
|
x
|
x
|
x
|
x
|
x
|
Issuer
|
x
|
x
|
x
|
x
|
x
|
Liquidity
|
x
|
x
|
x
|
x
|
x
|
Derivatives
|
x
|
x
|
x
|
x
|
x
|
Equity
|
x
|
x
|
x
|
x
|
x
|
Mortgage-Related and Other Asset-Backed Securities
|
x
|
x
|
–
|
x
|
–
|
Foreign (Non-U.S.) Investment
|
x
|
x
|
x
|
x
|
x
|
Emerging Markets
|
x
|
x
|
x
|
x
|
x
|
Sovereign Debt
|
x
|
x
|
x
|
x
|
x
|
Currency
|
x
|
x
|
–
|
x
|
x
|
Leveraging
|
x
|
x
|
x
|
x
|
x
|
Management
|
x
|
x
|
x
|
x
|
x
|
Subsidiary
|
–
|
–
|
–
|
–
|
x
|
Regulation S Securities
|
–
|
–
|
–
|
–
|
x
|
Short Exposure
|
x
|
x
|
x
|
x
|
x
|
Convertible Securities
|
–
|
–
|
–
|
–
|
–
|
Senior Loan
|
–
|
–
|
x
|
–
|
–
|
Distribution Rate
|
x
|
–
|
–
|
x
|
–
|
Environmental, Social and Governance Investing
|
–
|
–
|
–
|
–
|
–
|
LIBOR Transition
|
x
|
x
|
x
|
x
|
x
|
“Covenant-lite” Obligations
|
–
|
–
|
x
|
–
|
–
|
|
Management Fees
|
|||||||
Fund Name
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Class C-2
|
Class R
|
PIMCO Credit Opportunities Bond Fund
|
0.90%
|
1.00%
|
1.10%
(1)
|
N/A
|
1.05%
|
1.05%
|
N/A
|
N/A
|
PIMCO Diversified Income Fund
|
0.75%
|
0.85%
|
0.95%
|
0.75%
|
0.90%
|
0.90%
|
N/A
|
N/A
|
PIMCO ESG Income Fund
|
0.50%
|
0.60%
|
0.70%
|
N/A
|
0.65%
|
0.65%
|
N/A
|
N/A
|
PIMCO High Yield Fund
|
0.55%
|
0.65%
|
0.75%
|
0.55%
|
0.65%
|
0.65%
|
N/A
|
0.65%
|
PIMCO High Yield Spectrum Fund
|
0.60%
|
0.70%
|
0.80%
|
N/A
|
0.70%
|
0.70%
|
N/A
|
N/A
|
PIMCO Income Fund
|
0.50%
|
0.60%
|
0.70%
|
0.50%
|
0.65%
|
0.65%
|
N/A
|
0.65%
|
PIMCO Long-Term Credit Bond Fund
|
0.55%
|
0.65%
|
N/A
|
N/A
|
0.70%
(1)
|
N/A
|
N/A
|
N/A
|
PIMCO Low Duration Credit Fund
|
0.70%
|
0.80%
|
N/A
|
N/A
|
0.75%
|
0.75%
|
N/A
|
N/A
|
PIMCO Low Duration Income Fund
|
0.50%
|
0.60%
|
0.70%
|
N/A
|
0.65%
|
0.65%
|
0.65%
|
N/A
|
PIMCO Preferred and Capital Securities Fund
|
0.79%
|
0.89%
|
0.99%
|
N/A
|
0.89%
|
0.89%
|
N/A
|
N/A
|
Fund Name
|
Advisory Fees
All Classes
(1)
|
PIMCO Credit Opportunities Bond Fund
|
0.60%
|
PIMCO Diversified Income Fund
|
0.45%
|
PIMCO ESG Income Fund
|
0.25%
|
PIMCO High Yield Fund
|
0.25%
|
PIMCO High Yield Spectrum Fund
|
0.30%
|
PIMCO Income Fund
|
0.25%
|
PIMCO Long-Term Credit Bond Fund
|
0.30%
|
PIMCO Low Duration Credit Fund
|
0.40%
|
PIMCO Low Duration Income Fund
|
0.30%
|
PIMCO Preferred and Capital Securities Fund
|
0.44%
|
|
Supervisory and Administrative Fees
(1)
|
||||||||
Fund Name
|
Inst
Class
|
I-2
|
I-3
|
Admin
Class
|
Class A
|
Class C
|
Class C-2
|
Class R
|
|
PIMCO Credit Opportunities Bond Fund
|
0.30%
|
0.40%
|
0.50%
(2)
|
N/A
|
0.45%
|
0.45%
|
N/A
|
N/A
|
|
PIMCO Diversified Income Fund
|
0.30%
|
0.40%
|
0.50%
|
0.30%
|
0.45%
|
0.45%
|
N/A
|
N/A
|
|
PIMCO ESG Income Fund
|
0.25%
|
0.35%
|
0.45%
|
N/A
|
0.40%
|
0.40%
|
N/A
|
N/A
|
|
PIMCO High Yield Fund
|
0.30%
|
0.40%
|
0.50%
|
0.30%
|
0.40%
|
0.40%
|
N/A
|
0.40%
|
|
PIMCO High Yield Spectrum Fund
|
0.30%
|
0.40%
|
0.50%
|
N/A
|
0.40%
|
0.40%
|
N/A
|
N/A
|
|
PIMCO Income Fund
|
0.25%
|
0.35%
|
0.45%
|
0.25%
|
0.40%
|
0.40%
|
N/A
|
0.40%
|
|
PIMCO Long-Term Credit Bond Fund
|
0.25%
|
0.35%
|
N/A
|
N/A
|
0.40%
(2)
|
N/A
|
N/A
|
N/A
|
|
PIMCO Low Duration Credit Fund
|
0.30%
|
0.40%
|
N/A
|
N/A
|
0.35%
|
0.35%
|
N/A
|
N/A
|
|
PIMCO Low Duration Income Fund
|
0.20%
|
0.30%
|
0.40%
|
N/A
|
0.35%
|
0.35%
|
0.35%
|
N/A
|
|
PIMCO Preferred and Capital Securities Fund
|
0.35%
|
0.45%
|
0.55%
|
N/A
|
0.45%
|
0.45%
|
N/A
|
N/A
|
|
Fund Name
|
Portfolio Manager
|
Since
|
Recent Professional Experience
|
PIMCO High Yield
PIMCO High Yield Spectrum
|
Amit Agrawal
|
7/21
7/21
|
Senior Vice President, PIMCO. Mr. Agrawal’s focus is on high yield and macro credit strategies.
Prior to joining PIMCO in 2018, Mr. Agrawal worked at GMO as a high yield and
structured
credit portfolio manager. Previously, he was a
director at Bank of America Merrill Lynch,
responsible for
trading in credit derivatives, including tranches and options. He has investment
experience since 2007.
|
PIMCO ESG Income
PIMCO Income
PIMCO Low Duration Income
|
Joshua Anderson
|
9/20*
7/18
12/22
|
Managing Director, PIMCO. Mr. Anderson is a portfolio manager focusing on global structured
credit investments. Prior to joining PIMCO in 2003, he was an analyst at
Merrill Lynch covering
both the residential ABS and
collateralized debt obligation sectors and was ranked as one of
the top analysts by Institutional Investor magazine. He was previously a
portfolio manager at
Merrill Lynch Investment Managers.
|
PIMCO Preferred and Capital Securities
|
Philippe Bodereau
|
4/15*
|
Managing Director and global head of financial research. Mr. Bodereau is also the lead analyst
for global financial institutions. Prior to joining PIMCO in 2004, he was a
senior banking
analyst at Société Générale
in London and Paris. Mr. Bodereau started his career at J.P. Morgan
in 1996, where he held various positions in the private banking and global markets divisions
in Brussels and London. Mr. Bodereau has investment experience since 1996 and
holds a
master’s degree in finance from French business
school EDHEC.
|
PIMCO Diversified Income
|
Regina Borromeo
|
12/22
|
Executive Vice President, PIMCO. Ms. Borromeo is a portfolio manager and a senior member of
PIMCO's global credit team. She focuses on multi-sector credit as well as
ESG-oriented credit
and income strategies. She is a member of
PIMCO's ESG (environmental, social, and
governance) portfolio
management team and PIMCO PRIDE EME ERG Committee. Prior to
joining PIMCO in 2022, Ms. Borromeo was a senior portfolio manager and
director of global
fixed income at Robeco UK Limited, overseeing
investments across a variety of credit and
ESG-oriented
strategies. Prior to that, Ms. Borromeo was a portfolio manager and head of
international high yield at Brandywine Global Investment Management (Europe). She also
held roles at Morgan Stanley Investment Management as vice president, senior
research
analyst and portfolio manager, global fixed income, and
at Goldman Sachs. She has
investment experience since 2001 and
holds a bachelor of arts from the University of
Pennsylvania.
|
PIMCO ESG Income
|
Jelle Brons
|
9/20*
|
Executive Vice President, PIMCO. Mr. Brons is a portfolio manager on the global corporate
bond team. Prior to joining PIMCO in 2005, Mr. Brons worked at UBS Investment
Bank in the
credit fixed income department, initially in credit
sales and then with the team responsible for
Credit Delta, a
credit market and portfolio analysis tool. He has investment experience since
2002 and holds a master’s degree in actuarial science and econometrics from the University of
Amsterdam and a master’s degree in financial engineering and
quantitative analysis from the
ICMA Business School at the
University of Reading. He is a Certified Financial Risk Manager
(FRM).
|
PIMCO High Yield
PIMCO High Yield Spectrum
PIMCO Low Duration Credit
|
David Forgash
|
1/23
1/23
4/20
|
Managing Director, PIMCO. Mr. Forgash is a portfolio manager and head of global leveraged
loans. In addition to being the lead portfolio manager for leveraged loans, he
is also a member
of the high yield and multi-sector credit
teams. Prior to joining PIMCO in 2018, he was a
senior portfolio
manager at Millennium Capital Partners, investing across European credit.
Previously, he was an executive director of European credit trading at Morgan Stanley, a
managing director of U.S. credit trading at Greenwich Capital and a vice
president in credit
trading at Lehman Brothers. He has
investment experience since 1994 and holds an MBA from
the Stern
School of Business at New York University. He received an undergraduate degree in
economics from the University of Delaware.
|
Fund Name
|
Portfolio Manager
|
Since
|
Recent Professional Experience
|
PIMCO Diversified Income
PIMCO ESG Income
PIMCO Income
PIMCO Low Duration Income
|
Daniel J. Ivascyn
|
5/16
9/20*
3/07*
5/16
|
Group Chief Investment Officer and Managing Director, PIMCO. Mr. Ivascyn joined PIMCO in
1998, previously having been associated with Bear Stearns in the asset backed
securities
group as well as T. Rowe Price and Fidelity
Investments. He has investment experience since
1992 and holds
an MBA in analytic finance from the University of Chicago Graduate School of
Business and a bachelor's degree in economics from Occidental College.
|
PIMCO Credit Opportunities Bond
PIMCO Long-Term Credit Bond
|
Mark Kiesel
|
8/11*
3/09*
|
CIO Global Credit and Managing Director, PIMCO. Mr. Kiesel is a portfolio manager and a
senior member of PIMCO’s investment strategy group. He has served as a
portfolio manager,
head of equity derivatives and as a senior
Credit Analyst since joining PIMCO in 1996.
|
PIMCO Low Duration Credit
|
Michael Levinson
|
4/20
|
Mr. Levinson is a leveraged finance portfolio manager and member of the income portfolio
management team in the Newport Beach office. He joined the leveraged finance
team in 2012
after two years as a credit analyst. Prior to
joining PIMCO in 2009, he was a leveraged finance
research
analyst at Credit Suisse. He has investment experience since 2008 and holds an
undergraduate degree from the United States Naval Academy.
|
PIMCO Long-Term Credit Bond
|
Mohit Mittal
|
10/16
|
Managing Director, PIMCO. He manages investment grade credit, total return and
unconstrained bond portfolios and is a member of the Americas Portfolio
Committee.
Previously, he was a specialist on PIMCO’s
interest rates and derivatives desk. Mr. Mittal joined
PIMCO in
2007 and holds an MBA in finance from the Wharton School of the University of
Pennsylvania and an undergraduate degree in computer science from Indian Institute of
Technology (IIT) in Delhi, India.
|
PIMCO Diversified Income
PIMCO ESG Income
PIMCO Income
PIMCO Low Duration Income
|
Alfred Murata
|
5/16
9/20*
3/13
5/16
|
Managing Director, PIMCO. Mr. Murata is a portfolio manager on the mortgage credit team.
Prior to joining PIMCO in 2001, he researched and implemented exotic equity
and interest
rate derivatives at Nikko Financial
Technologies.
|
PIMCO Diversified Income
PIMCO High Yield
PIMCO High Yield Spectrum
|
Sonali Pier
|
2/17
7/19
7/19
|
Executive Vice President, PIMCO. Ms. Pier is a portfolio manager focusing on high yield and
multi-sector credit opportunities. Prior to joining PIMCO in 2013, she was a
senior credit
trader at J.P. Morgan, trading cash, recovery and
credit default swaps across various sectors.
She has investment
experience since 2003 and holds an undergraduate degree in economics
from Princeton University.
|
PIMCO Credit Opportunities Bond
|
Christian Stracke
|
10/16
|
Managing Director, PIMCO, Mr. Stracke is a member of the Investment Committee and global
head of the credit research group. The group covers all levels of the debt
capital structure for
targeted industries, including investment
grade and high yield bonds, bank debt and
convertibles. He also
contributes to the analysis, portfolio construction and management of
the firm’s opportunistic corporate credit and mortgage and real estate-related strategies. Prior
to joining PIMCO in 2008, he was a senior credit strategist at Credit Sights
and also held
positions as head of Latin America fixed income
strategy with Commerzbank Securities and
head of Latin America
local markets strategy with Deutsche Bank. He has investment
experience since 1997 and holds an undergraduate degree from the University of
Chicago.
|
PIMCO Diversified Income
PIMCO High Yield Spectrum
|
Charles Watford
|
12/22
1/23
|
Executive Vice President, PIMCO. Mr. Watford is a portfolio manager focusing on high yield. He
is also a research analyst focused on the European automotive and real estate
sectors. Prior to
joining PIMCO in 2007, Mr. Watford was a
management consultant at McKinsey & Company
and an
investment banking analyst at Morgan Stanley. He has investment experience since
2002 and holds an MBA from the Wharton School of the University of Pennsylvania. He also
holds a master's degree in chemistry from the University of Oxford.
|
PIMCO ESG Income
|
Jing Yang
|
9/20*
|
Ms. Yang is an executive vice president and a mortgage specialist in the structured credit
group in the Newport Beach office. Prior to joining PIMCO in 2006, she worked
in home
equity loan structuring at Morgan Stanley in New York.
She has investment experience since
2006 and holds a Ph.D. in
Bioinformatics and a master’s degree in statistics from the
University of Chicago.
|
Amount of Purchase
|
Initial Sales
Charge as % of
Public Offering
Price
|
Initial Sales
Charge as % of
Net Amount
Invested
|
Under $100,000
|
2.25%
|
2.30%
|
$100,000 but under $250,000
|
1.25%
|
1.27%
|
$250,000+
|
0.00%
|
0.00%*
|
Amount of Purchase
|
Initial Sales
Charge as % of
Public Offering
Price
|
Initial Sales
Charge as % of
Net Amount
Invested
|
Under $100,000
|
3.75%
|
3.90%
|
$100,000 but under $250,000
|
3.25%
|
3.36%
|
$250,000 but under $500,000
|
2.25%
|
2.30%
|
Amount of Purchase
|
Initial Sales
Charge as % of
Public Offering
Price
|
Initial Sales
Charge as % of
Net Amount
Invested
|
$500,000 but under $1,000,000
|
1.75%
|
1.78%
|
$1,000,000 +
|
0.00%*
|
0.00%*
|
Years Since Purchase Payment was Made
|
Percentage
Contingent
Deferred Sales
Charge
|
First
|
1%
|
Thereafter
|
0%
|
Class A
|
Servicing Fee
|
Distribution Fee
|
All Funds
|
0.25%
|
0.00%
|
Class C
|
Servicing Fee
|
Distribution Fee
|
PIMCO Low Duration Income Fund
|
0.25%
|
0.30%
|
All other Funds
|
0.25%
|
0.75%
|
Class C-2
|
Servicing Fee
|
Distribution Fee
|
PIMCO Low Duration Income Fund
|
0.25%
|
0.50%
|
Class R
|
Servicing Fee
|
Distribution Fee
|
All Funds
|
0.25%
|
0.25%
|
Administrative Class
|
Distribution and/
or Servicing Fee
|
All Funds
|
0.25%
|
Initial Investment
|
Subsequent Investments
|
$1,000 per Fund
|
$50 per Fund
|
Initial Investment
|
Subsequent Investments
|
$1 million per account
|
None
|
Fund
|
Declared
Daily and
Paid Monthly
|
Declared
and Paid
Quarterly
|
All Funds other than the PIMCO Preferred and Capital
Securities Fund and PIMCO Credit Opportunities Bond
Fund
|
•
|
|
PIMCO Preferred and Capital Securities Fund and PIMCO
Credit Opportunities Bond Fund
|
|
•
|
|
|
Investment Operations
|
Less
Distributions
(c)
|
|||||
|
|
|
|
|||||
Selected Per Share Data for
the Year Ended^:
|
Net Asset Value
Beginning of
Year
(a)
|
Net Investment
Income (Loss)
(b)
|
Net Realized/
Unrealized
Gain (Loss)
|
Total
|
From Net
Investment
Income
|
From Net
Realized
Capital Gain
|
Tax Basis
Return of
Capital
|
Total
|
PIMCO Credit Opportunities Bond Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.99
|
$
0.30
|
$
(0.43)
|
$
(0.13)
|
$
(0.35)
|
$
0.00
|
$
0.00
|
$
(0.35)
|
03/31/2021
|
9.07
|
0.30
|
0.97
|
1.27
|
(0.35)
|
0.00
|
0.00
|
(0.35)
|
03/31/2020
|
9.90
|
0.41
|
(0.85)
|
(0.44)
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2019
|
10.08
|
0.46
|
(0.19)
|
0.27
|
(0.45)
|
0.00
|
0.00
|
(0.45)
|
03/31/2018
|
10.04
|
0.38
|
0.06
|
0.44
|
(0.40)
|
0.00
|
0.00
|
(0.40)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.94
|
$
0.29
|
$
(0.42)
|
$
(0.13)
|
$
(0.34)
|
$
0.00
|
$
0.00
|
$
(0.34)
|
03/31/2021
|
9.03
|
0.29
|
0.96
|
1.25
|
(0.34)
|
0.00
|
0.00
|
(0.34)
|
03/31/2020
|
9.86
|
0.40
|
(0.84)
|
(0.44)
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2019
|
10.05
|
0.45
|
(0.20)
|
0.25
|
(0.44)
|
0.00
|
0.00
|
(0.44)
|
03/31/2018
|
10.01
|
0.38
|
0.05
|
0.43
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.00
|
$
0.26
|
$
(0.43)
|
$
(0.17)
|
$
(0.31)
|
$
0.00
|
$
0.00
|
$
(0.31)
|
03/31/2021
|
9.08
|
0.26
|
0.97
|
1.23
|
(0.31)
|
0.00
|
0.00
|
(0.31)
|
03/31/2020
|
9.91
|
0.37
|
(0.84)
|
(0.47)
|
(0.36)
|
0.00
|
0.00
|
(0.36)
|
03/31/2019
|
10.10
|
0.42
|
(0.20)
|
0.22
|
(0.41)
|
0.00
|
0.00
|
(0.41)
|
03/31/2018
|
10.06
|
0.35
|
0.05
|
0.40
|
(0.36)
|
0.00
|
0.00
|
(0.36)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.85
|
$
0.19
|
$
(0.43)
|
$
(0.24)
|
$
(0.24)
|
$
0.00
|
$
0.00
|
$
(0.24)
|
03/31/2021
|
8.95
|
0.18
|
0.95
|
1.13
|
(0.23)
|
0.00
|
0.00
|
(0.23)
|
03/31/2020
|
9.78
|
0.30
|
(0.84)
|
(0.54)
|
(0.29)
|
0.00
|
0.00
|
(0.29)
|
03/31/2019
|
9.96
|
0.34
|
(0.19)
|
0.15
|
(0.33)
|
0.00
|
0.00
|
(0.33)
|
03/31/2018
|
9.94
|
0.26
|
0.05
|
0.31
|
(0.29)
|
0.00
|
0.00
|
(0.29)
|
PIMCO Diversified Income Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.04
|
$
0.35
|
$
(0.81)
|
$
(0.46)
|
$
(0.40)
|
$
0.00
|
$
0.00
|
$
(0.40)
|
03/31/2021
|
10.21
|
0.34
|
0.89
|
1.23
|
(0.40)
|
0.00
|
0.00
|
(0.40)
|
03/31/2020
|
10.86
|
0.35
|
(0.48)
|
(0.13)
|
(0.50)
|
(0.02)
|
0.00
|
(0.52)
|
03/31/2019
|
10.77
|
0.37
|
0.20
|
0.57
|
(0.48)
|
0.00
|
0.00
|
(0.48)
|
03/31/2018
|
10.78
|
0.37
|
0.14
|
0.51
|
(0.51)
|
0.00
|
(0.01)
|
(0.52)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.04
|
$
0.34
|
$
(0.81)
|
$
(0.47)
|
$
(0.39)
|
$
0.00
|
$
0.00
|
$
(0.39)
|
03/31/2021
|
10.21
|
0.33
|
0.89
|
1.22
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2020
|
10.86
|
0.34
|
(0.48)
|
(0.14)
|
(0.49)
|
(0.02)
|
0.00
|
(0.51)
|
03/31/2019
|
10.77
|
0.35
|
0.20
|
0.55
|
(0.46)
|
0.00
|
0.00
|
(0.46)
|
03/31/2018
|
10.78
|
0.35
|
0.15
|
0.50
|
(0.50)
|
0.00
|
(0.01)
|
(0.51)
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.04
|
$
0.34
|
$
(0.82)
|
$
(0.48)
|
$
(0.38)
|
$
0.00
|
$
0.00
|
$
(0.38)
|
03/31/2021
|
10.21
|
0.32
|
0.90
|
1.22
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2020
|
10.86
|
0.34
|
(0.49)
|
(0.15)
|
(0.48)
|
(0.02)
|
0.00
|
(0.50)
|
04/27/2018 - 03/31/2019
|
10.72
|
0.35
|
0.22
|
0.57
|
(0.43)
|
0.00
|
0.00
|
(0.43)
|
|
|
Ratios/Supplemental Data
|
||||||
|
|
|
Ratios to Average Net Assets
|
|
||||
Net Asset Value End
of Year
(a)
|
Total
Return
(d)
|
Net Assets End of
Year
(000s)
|
Expenses
|
Expenses
Excluding Waivers
|
Expenses Excluding
Interest Expense
|
Expenses Excluding
Interest Expense
and Waivers
|
Net Investment
Income (Loss)
|
Portfolio
Turnover Rate
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
9.51
|
(1.40)%
|
$
235,277
|
0.90%
|
0.90%
|
0.90%
|
0.90%
|
3.07%
|
84%
|
9.99
|
14.06
|
268,038
|
0.90
|
0.90
|
0.90
|
0.90
|
3.10
|
99
|
9.07
|
(4.69)
|
232,487
|
0.92
|
0.92
|
0.90
|
0.90
|
4.13
|
138
|
9.90
|
2.77
|
289,576
|
0.93
|
0.93
|
0.90
|
0.90
|
4.60
|
110
|
10.08
|
4.38
|
353,288
|
0.91
|
0.91
|
0.90
|
0.90
|
3.72
|
100
|
|
|
|
|
|
|
|
|
|
$
9.47
|
(1.39)%
|
$
123,293
|
1.00%
|
1.00%
|
1.00%
|
1.00%
|
2.97%
|
84%
|
9.94
|
13.92
|
115,116
|
1.00
|
1.00
|
1.00
|
1.00
|
3.01
|
99
|
9.03
|
(4.78)
|
55,030
|
1.02
|
1.02
|
1.00
|
1.00
|
4.03
|
138
|
9.86
|
2.58
|
47,743
|
1.03
|
1.03
|
1.00
|
1.00
|
4.51
|
110
|
10.05
|
4.33
|
58,119
|
1.01
|
1.01
|
1.00
|
1.00
|
3.71
|
100
|
|
|
|
|
|
|
|
|
|
$
9.52
|
(1.74)%
|
$
23,819
|
1.30%
|
1.30%
|
1.30%
|
1.30%
|
2.65%
|
84%
|
10.00
|
13.61
|
19,542
|
1.30
|
1.30
|
1.30
|
1.30
|
2.68
|
99
|
9.08
|
(5.01)
|
19,607
|
1.32
|
1.32
|
1.30
|
1.30
|
3.73
|
138
|
9.91
|
2.24
|
23,099
|
1.33
|
1.33
|
1.30
|
1.30
|
4.20
|
110
|
10.10
|
4.03
|
30,228
|
1.31
|
1.31
|
1.30
|
1.30
|
3.41
|
100
|
|
|
|
|
|
|
|
|
|
$
9.37
|
(2.46)%
|
$
3,656
|
2.05%
|
2.05%
|
2.05%
|
2.05%
|
1.91%
|
84%
|
9.85
|
12.73
|
3,866
|
2.05
|
2.05
|
2.05
|
2.05
|
1.91
|
99
|
8.95
|
(5.75)
|
5,206
|
2.07
|
2.07
|
2.05
|
2.05
|
3.00
|
138
|
9.78
|
1.63
|
5,834
|
2.08
|
2.08
|
2.05
|
2.05
|
3.45
|
110
|
9.96
|
3.13
|
7,532
|
2.06
|
2.06
|
2.05
|
2.05
|
2.58
|
100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(4.37)%
|
$
4,022,524
|
0.75%
|
0.75%
|
0.75%
|
0.75%
|
3.22%
|
94%
|
11.04
|
12.15
|
4,132,019
|
0.77
|
0.77
|
0.75
|
0.75
|
3.04
|
110
|
10.21
|
(1.45)
|
2,852,619
|
0.79
|
0.79
|
0.75
|
0.75
|
3.19
|
127
|
10.86
|
5.45
|
2,627,609
|
0.79
|
0.79
|
0.75
|
0.75
|
3.45
|
105
|
10.77
|
4.75
|
2,558,977
|
0.77
|
0.77
|
0.75
|
0.75
|
3.36
|
146
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(4.47)%
|
$
291,479
|
0.85%
|
0.85%
|
0.85%
|
0.85%
|
3.07%
|
94%
|
11.04
|
12.04
|
670,322
|
0.87
|
0.87
|
0.85
|
0.85
|
2.94
|
110
|
10.21
|
(1.55)
|
335,490
|
0.89
|
0.89
|
0.85
|
0.85
|
3.07
|
127
|
10.86
|
5.34
|
169,410
|
0.89
|
0.89
|
0.85
|
0.85
|
3.35
|
105
|
10.77
|
4.64
|
129,856
|
0.87
|
0.87
|
0.85
|
0.85
|
3.25
|
146
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(4.51)%
|
$
36,071
|
0.90%
|
0.95%
|
0.90%
|
0.95%
|
3.09%
|
94%
|
11.04
|
11.98
|
27,498
|
0.92
|
0.97
|
0.90
|
0.95
|
2.88
|
110
|
10.21
|
(1.60)
|
13,637
|
0.94
|
0.99
|
0.90
|
0.95
|
3.03
|
127
|
10.86
|
5.47
|
3,619
|
0.94*
|
0.99*
|
0.90*
|
0.95*
|
3.55*
|
105
|
|
|
Investment Operations
|
Less
Distributions
(c)
|
|||||
|
|
|
|
|||||
Selected Per Share Data for
the Year Ended^:
|
Net Asset Value
Beginning of
Year
(a)
|
Net Investment
Income (Loss)
(b)
|
Net Realized/
Unrealized
Gain (Loss)
|
Total
|
From Net
Investment
Income
|
From Net
Realized
Capital Gain
|
Tax Basis
Return of
Capital
|
Total
|
Administrative Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.04
|
$
0.33
|
$
(0.82)
|
$
(0.49)
|
$
(0.37)
|
$
0.00
|
$
0.00
|
$
(0.37)
|
03/31/2021
|
10.21
|
0.31
|
0.90
|
1.21
|
(0.38)
|
0.00
|
0.00
|
(0.38)
|
03/31/2020
|
10.86
|
0.33
|
(0.49)
|
(0.16)
|
(0.47)
|
(0.02)
|
0.00
|
(0.49)
|
03/31/2019
|
10.77
|
0.36
|
0.18
|
0.54
|
(0.45)
|
0.00
|
0.00
|
(0.45)
|
03/31/2018
|
10.78
|
0.34
|
0.14
|
0.48
|
(0.48)
|
0.00
|
(0.01)
|
(0.49)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.04
|
$
0.31
|
$
(0.81)
|
$
(0.50)
|
$
(0.36)
|
$
0.00
|
$
0.00
|
$
(0.36)
|
03/31/2021
|
10.21
|
0.29
|
0.90
|
1.19
|
(0.36)
|
0.00
|
0.00
|
(0.36)
|
03/31/2020
|
10.86
|
0.31
|
(0.49)
|
(0.18)
|
(0.45)
|
(0.02)
|
0.00
|
(0.47)
|
03/31/2019
|
10.77
|
0.32
|
0.20
|
0.52
|
(0.43)
|
0.00
|
0.00
|
(0.43)
|
03/31/2018
|
10.78
|
0.32
|
0.14
|
0.46
|
(0.46)
|
0.00
|
(0.01)
|
(0.47)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.04
|
$
0.23
|
$
(0.82)
|
$
(0.59)
|
$
(0.27)
|
$
0.00
|
$
0.00
|
$
(0.27)
|
03/31/2021
|
10.21
|
0.21
|
0.90
|
1.11
|
(0.28)
|
0.00
|
0.00
|
(0.28)
|
03/31/2020
|
10.86
|
0.23
|
(0.49)
|
(0.26)
|
(0.37)
|
(0.02)
|
0.00
|
(0.39)
|
03/31/2019
|
10.77
|
0.24
|
0.20
|
0.44
|
(0.35)
|
0.00
|
0.00
|
(0.35)
|
03/31/2018
|
10.78
|
0.24
|
0.14
|
0.38
|
(0.38)
|
0.00
|
(0.01)
|
(0.39)
|
PIMCO ESG Income Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.35
|
$
0.24
|
$
(0.25)
|
$
(0.01)
|
$
(0.27)
|
$
0.00
|
$
0.00
|
$
(0.27)
|
09/30/2020 - 03/31/2021
|
10.00
|
0.10
|
0.34
|
0.44
|
(0.09)
|
0.00
|
0.00
|
(0.09)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.35
|
$
0.22
|
$
(0.24)
|
$
(0.02)
|
$
(0.26)
|
$
0.00
|
$
0.00
|
$
(0.26)
|
09/30/2020 - 03/31/2021
|
10.00
|
0.09
|
0.35
|
0.44
|
(0.09)
|
0.00
|
0.00
|
(0.09)
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.35
|
$
0.19
|
$
(0.21)
|
$
(0.02)
|
$
(0.26)
|
$
0.00
|
$
0.00
|
$
(0.26)
|
09/30/2020 - 03/31/2021
|
10.00
|
0.09
|
0.34
|
0.43
|
(0.08)
|
0.00
|
0.00
|
(0.08)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.35
|
$
0.19
|
$
(0.24)
|
$
(0.05)
|
$
(0.23)
|
$
0.00
|
$
0.00
|
$
(0.23)
|
09/30/2020 - 03/31/2021
|
10.00
|
0.07
|
0.35
|
0.42
|
(0.07)
|
0.00
|
0.00
|
(0.07)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.35
|
$
0.13
|
$
(0.26)
|
$
(0.13)
|
$
(0.15)
|
$
0.00
|
$
0.00
|
$
(0.15)
|
09/30/2020 - 03/31/2021
|
10.00
|
0.03
|
0.35
|
0.38
|
(0.03)
|
0.00
|
0.00
|
(0.03)
|
PIMCO High Yield Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.38
|
$
(0.45)
|
$
(0.07)
|
$
(0.41)
|
$
0.00
|
$
0.00
|
$
(0.41)
|
03/31/2021
|
7.94
|
0.38
|
1.07
|
1.45
|
(0.40)
|
0.00
|
0.00
|
(0.40)
|
03/31/2020
|
8.78
|
0.44
|
(0.83)
|
(0.39)
|
(0.44)
|
0.00
|
(0.01)
|
(0.45)
|
03/31/2019
|
8.72
|
0.46
|
0.07
|
0.53
|
(0.47)
|
0.00
|
0.00
|
(0.47)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.37
|
$
(0.45)
|
$
(0.08)
|
$
(0.40)
|
$
0.00
|
$
0.00
|
$
(0.40)
|
03/31/2021
|
7.94
|
0.37
|
1.07
|
1.44
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2020
|
8.78
|
0.43
|
(0.83)
|
(0.40)
|
(0.43)
|
0.00
|
(0.01)
|
(0.44)
|
03/31/2019
|
8.72
|
0.45
|
0.07
|
0.52
|
(0.46)
|
0.00
|
0.00
|
(0.46)
|
03/31/2018
|
8.90
|
0.43
|
(0.16)
|
0.27
|
(0.43)
|
0.00
|
(0.02)
|
(0.45)
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.36
|
$
(0.44)
|
$
(0.08)
|
$
(0.40)
|
$
0.00
|
$
0.00
|
$
(0.40)
|
03/31/2021
|
7.94
|
0.36
|
1.08
|
1.44
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2020
|
8.78
|
0.42
|
(0.82)
|
(0.40)
|
(0.43)
|
0.00
|
(0.01)
|
(0.44)
|
04/27/2018 - 03/31/2019
|
8.73
|
0.42
|
0.05
|
0.47
|
(0.42)
|
0.00
|
0.00
|
(0.42)
|
Administrative Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.36
|
$
(0.45)
|
$
(0.09)
|
$
(0.39)
|
$
0.00
|
$
0.00
|
$
(0.39)
|
03/31/2021
|
7.94
|
0.36
|
1.07
|
1.43
|
(0.38)
|
0.00
|
0.00
|
(0.38)
|
03/31/2020
|
8.78
|
0.42
|
(0.83)
|
(0.41)
|
(0.42)
|
0.00
|
(0.01)
|
(0.43)
|
03/31/2019
|
8.72
|
0.43
|
0.08
|
0.51
|
(0.45)
|
0.00
|
0.00
|
(0.45)
|
03/31/2018
|
8.90
|
0.41
|
(0.16)
|
0.25
|
(0.41)
|
0.00
|
(0.02)
|
(0.43)
|
|
|
Ratios/Supplemental Data
|
||||||
|
|
|
Ratios to Average Net Assets
|
|
||||
Net Asset Value End
of Year
(a)
|
Total
Return
(d)
|
Net Assets End of
Year
(000s)
|
Expenses
|
Expenses
Excluding Waivers
|
Expenses Excluding
Interest Expense
|
Expenses Excluding
Interest Expense
and Waivers
|
Net Investment
Income (Loss)
|
Portfolio
Turnover Rate
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(4.61)%
|
$
21,577
|
1.00%
|
1.00%
|
1.00%
|
1.00%
|
2.99%
|
94%
|
11.04
|
11.87
|
10,752
|
1.02
|
1.02
|
1.00
|
1.00
|
2.83
|
110
|
10.21
|
(1.70)
|
159,259
|
1.04
|
1.04
|
1.00
|
1.00
|
2.94
|
127
|
10.86
|
5.19
|
155,936
|
1.04
|
1.04
|
1.00
|
1.00
|
3.36
|
105
|
10.77
|
4.49
|
10,049
|
1.02
|
1.02
|
1.00
|
1.00
|
3.12
|
146
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(4.75)%
|
$
290,939
|
1.15%
|
1.15%
|
1.15%
|
1.15%
|
2.81%
|
94%
|
11.04
|
11.71
|
361,780
|
1.17
|
1.17
|
1.15
|
1.15
|
2.64
|
110
|
10.21
|
(1.84)
|
297,090
|
1.19
|
1.19
|
1.15
|
1.15
|
2.78
|
127
|
10.86
|
5.03
|
251,911
|
1.19
|
1.19
|
1.15
|
1.15
|
3.04
|
105
|
10.77
|
4.33
|
260,394
|
1.17
|
1.17
|
1.15
|
1.15
|
2.97
|
146
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(5.46)%
|
$
49,134
|
1.90%
|
1.90%
|
1.90%
|
1.90%
|
2.05%
|
94%
|
11.04
|
10.87
|
67,889
|
1.92
|
1.92
|
1.90
|
1.90
|
1.89
|
110
|
10.21
|
(2.58)
|
77,114
|
1.94
|
1.94
|
1.90
|
1.90
|
2.04
|
127
|
10.86
|
4.25
|
73,261
|
1.94
|
1.94
|
1.90
|
1.90
|
2.29
|
105
|
10.77
|
3.56
|
82,085
|
1.92
|
1.92
|
1.90
|
1.90
|
2.22
|
146
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
10.07
|
(0.09)%
|
$
155,174
|
0.52%
|
0.52%
|
0.51%
|
0.51%
|
2.28%
|
50%
|
10.35
|
4.43
|
37,125
|
0.52*
|
1.14*
|
0.50*
|
1.12*
|
1.87*
|
135
|
|
|
|
|
|
|
|
|
|
$
10.07
|
(0.19)%
|
$
17,691
|
0.62%
|
0.62%
|
0.61%
|
0.61%
|
2.14%
|
50%
|
10.35
|
4.38
|
1,421
|
0.62*
|
1.24*
|
0.60*
|
1.22*
|
1.81*
|
135
|
|
|
|
|
|
|
|
|
|
$
10.07
|
(0.24)%
|
$
23,132
|
0.67%
|
0.72%
|
0.66%
|
0.71%
|
1.91%
|
50%
|
10.35
|
4.35
|
45
|
0.72*
|
1.34*
|
0.70*
|
1.32*
|
1.69*
|
135
|
|
|
|
|
|
|
|
|
|
$
10.07
|
(0.49)%
|
$
1,809
|
0.92%
|
0.92%
|
0.91%
|
0.91%
|
1.87%
|
50%
|
10.35
|
4.23
|
23
|
0.92*
|
1.54*
|
0.90*
|
1.52*
|
1.46*
|
135
|
|
|
|
|
|
|
|
|
|
$
10.07
|
(1.24)%
|
$
108
|
1.67%
|
1.67%
|
1.66%
|
1.66%
|
1.21%
|
50%
|
10.35
|
3.85
|
90
|
1.67*
|
2.29*
|
1.65*
|
2.27*
|
0.67*
|
135
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(0.91)%
|
$
8,042,209
|
0.56%
|
0.56%
|
0.55%
|
0.55%
|
4.23%
|
26%
|
8.99
|
18.49
|
9,472,559
|
0.56
|
0.56
|
0.55
|
0.55
|
4.30
|
29
|
7.94
|
(4.86)
|
6,130,559
|
0.57
|
0.57
|
0.55
|
0.55
|
4.94
|
34
|
8.78
|
6.27
|
6,741,939
|
0.59
|
0.59
|
0.55
|
0.55
|
5.30
|
21
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(1.01)%
|
$
499,207
|
0.66%
|
0.66%
|
0.65%
|
0.65%
|
4.14%
|
26%
|
8.99
|
18.37
|
482,815
|
0.66
|
0.66
|
0.65
|
0.65
|
4.21
|
29
|
7.94
|
(4.95)
|
317,936
|
0.67
|
0.67
|
0.65
|
0.65
|
4.84
|
34
|
8.78
|
6.16
|
355,451
|
0.69
|
0.69
|
0.65
|
0.65
|
5.20
|
21
|
8.72
|
2.97
|
354,057
|
0.67
|
0.67
|
0.65
|
0.65
|
4.75
|
25
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(1.06)%
|
$
19,694
|
0.71%
|
0.76%
|
0.70%
|
0.75%
|
4.02%
|
26%
|
8.99
|
18.31
|
50,922
|
0.71
|
0.76
|
0.70
|
0.75
|
4.08
|
29
|
7.94
|
(5.00)
|
9,015
|
0.72
|
0.77
|
0.70
|
0.75
|
4.81
|
34
|
8.78
|
5.57
|
3,991
|
0.74*
|
0.79*
|
0.70*
|
0.75*
|
5.21*
|
21
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(1.15)%
|
$
354,288
|
0.81%
|
0.81%
|
0.80%
|
0.80%
|
3.98%
|
26%
|
8.99
|
18.20
|
393,891
|
0.81
|
0.81
|
0.80
|
0.80
|
4.05
|
29
|
7.94
|
(5.08)
|
281,004
|
0.82
|
0.82
|
0.80
|
0.80
|
4.69
|
34
|
8.78
|
6.00
|
449,135
|
0.84
|
0.84
|
0.80
|
0.80
|
5.03
|
21
|
8.72
|
2.82
|
558,261
|
0.82
|
0.82
|
0.80
|
0.80
|
4.63
|
25
|
|
|
Investment Operations
|
Less
Distributions
(c)
|
|||||
|
|
|
|
|||||
Selected Per Share Data for
the Year Ended^:
|
Net Asset Value
Beginning of
Year
(a)
|
Net Investment
Income (Loss)
(b)
|
Net Realized/
Unrealized
Gain (Loss)
|
Total
|
From Net
Investment
Income
|
From Net
Realized
Capital Gain
|
Tax Basis
Return of
Capital
|
Total
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.35
|
$
(0.45)
|
$
(0.10)
|
$
(0.38)
|
$
0.00
|
$
0.00
|
$
(0.38)
|
03/31/2021
|
7.94
|
0.35
|
1.07
|
1.42
|
(0.37)
|
0.00
|
0.00
|
(0.37)
|
03/31/2020
|
8.78
|
0.41
|
(0.83)
|
(0.42)
|
(0.41)
|
0.00
|
(0.01)
|
(0.42)
|
03/31/2019
|
8.72
|
0.43
|
0.07
|
0.50
|
(0.44)
|
0.00
|
0.00
|
(0.44)
|
03/31/2018
|
8.90
|
0.41
|
(0.17)
|
0.24
|
(0.40)
|
0.00
|
(0.02)
|
(0.42)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.28
|
$
(0.45)
|
$
(0.17)
|
$
(0.31)
|
$
0.00
|
$
0.00
|
$
(0.31)
|
03/31/2021
|
7.94
|
0.28
|
1.07
|
1.35
|
(0.30)
|
0.00
|
0.00
|
(0.30)
|
03/31/2020
|
8.78
|
0.34
|
(0.83)
|
(0.49)
|
(0.34)
|
0.00
|
(0.01)
|
(0.35)
|
03/31/2019
|
8.72
|
0.36
|
0.07
|
0.43
|
(0.37)
|
0.00
|
0.00
|
(0.37)
|
03/31/2018
|
8.90
|
0.33
|
(0.15)
|
0.18
|
(0.34)
|
0.00
|
(0.02)
|
(0.36)
|
Class R
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.99
|
$
0.33
|
$
(0.45)
|
$
(0.12)
|
$
(0.36)
|
$
0.00
|
$
0.00
|
$
(0.36)
|
03/31/2021
|
7.94
|
0.33
|
1.07
|
1.40
|
(0.35)
|
0.00
|
0.00
|
(0.35)
|
03/31/2020
|
8.78
|
0.38
|
(0.82)
|
(0.44)
|
(0.39)
|
0.00
|
(0.01)
|
(0.40)
|
03/31/2019
|
8.72
|
0.41
|
0.07
|
0.48
|
(0.42)
|
0.00
|
0.00
|
(0.42)
|
03/31/2018
|
8.90
|
0.38
|
(0.16)
|
0.22
|
(0.38)
|
0.00
|
(0.02)
|
(0.40)
|
PIMCO High Yield Spectrum Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.03
|
$
0.41
|
$
(0.46)
|
$
(0.05)
|
$
(0.49)
|
$
0.00
|
$
0.00
|
$
(0.49)
|
03/31/2021
|
8.58
|
0.45
|
1.47
|
1.92
|
(0.47)
|
0.00
|
0.00
|
(0.47)
|
03/31/2020
|
9.71
|
0.54
|
(1.12)
|
(0.58)
|
(0.55)
|
0.00
|
0.00
|
(0.55)
|
03/31/2019
|
9.78
|
0.57
|
(0.07)
|
0.50
|
(0.57)
|
0.00
|
0.00
|
(0.57)
|
03/31/2018
|
9.93
|
0.55
|
(0.14)
|
0.41
|
(0.30)
|
0.00
|
(0.26)
|
(0.56)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.03
|
$
0.40
|
$
(0.46)
|
$
(0.06)
|
$
(0.48)
|
$
0.00
|
$
0.00
|
$
(0.48)
|
03/31/2021
|
8.58
|
0.44
|
1.47
|
1.91
|
(0.46)
|
0.00
|
0.00
|
(0.46)
|
03/31/2020
|
9.71
|
0.52
|
(1.11)
|
(0.59)
|
(0.54)
|
0.00
|
0.00
|
(0.54)
|
03/31/2019
|
9.78
|
0.56
|
(0.06)
|
0.50
|
(0.57)
|
0.00
|
0.00
|
(0.57)
|
03/31/2018
|
9.93
|
0.54
|
(0.14)
|
0.40
|
(0.29)
|
0.00
|
(0.26)
|
(0.55)
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.03
|
$
0.39
|
$
(0.45)
|
$
(0.06)
|
$
(0.48)
|
$
0.00
|
$
0.00
|
$
(0.48)
|
03/31/2021
|
8.58
|
0.43
|
1.48
|
1.91
|
(0.46)
|
0.00
|
0.00
|
(0.46)
|
03/31/2020
|
9.71
|
0.52
|
(1.12)
|
(0.60)
|
(0.53)
|
0.00
|
0.00
|
(0.53)
|
04/27/2018 - 03/31/2019
|
9.81
|
0.52
|
(0.10)
|
0.42
|
(0.52)
|
0.00
|
0.00
|
(0.52)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.03
|
$
0.38
|
$
(0.46)
|
$
(0.08)
|
$
(0.46)
|
$
0.00
|
$
0.00
|
$
(0.46)
|
03/31/2021
|
8.58
|
0.42
|
1.47
|
1.89
|
(0.44)
|
0.00
|
0.00
|
(0.44)
|
03/31/2020
|
9.71
|
0.50
|
(1.12)
|
(0.62)
|
(0.51)
|
0.00
|
0.00
|
(0.51)
|
03/31/2019
|
9.78
|
0.54
|
(0.07)
|
0.47
|
(0.54)
|
0.00
|
0.00
|
(0.54)
|
03/31/2018
|
9.93
|
0.52
|
(0.14)
|
0.38
|
(0.27)
|
0.00
|
(0.26)
|
(0.53)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
10.03
|
$
0.30
|
$
(0.46)
|
$
(0.16)
|
$
(0.38)
|
$
0.00
|
$
0.00
|
$
(0.38)
|
03/31/2021
|
8.58
|
0.36
|
1.46
|
1.82
|
(0.37)
|
0.00
|
0.00
|
(0.37)
|
03/31/2020
|
9.71
|
0.42
|
(1.11)
|
(0.69)
|
(0.44)
|
0.00
|
0.00
|
(0.44)
|
03/31/2019
|
9.78
|
0.47
|
(0.07)
|
0.40
|
(0.47)
|
0.00
|
0.00
|
(0.47)
|
03/31/2018
|
9.93
|
0.44
|
(0.14)
|
0.30
|
(0.19)
|
0.00
|
(0.26)
|
(0.45)
|
PIMCO Income Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.43
|
$
(0.61)
|
$
(0.18)
|
$
(0.48)
|
$
0.00
|
$
0.00
|
$
(0.48)
|
03/31/2021
|
10.97
|
0.46
|
1.09
|
1.55
|
(0.26)
|
0.00
|
(0.28)
|
(0.54)
|
03/31/2020
|
12.00
|
0.54
|
(0.87)
|
(0.33)
|
(0.70)
|
0.00
|
0.00
|
(0.70)
|
03/31/2019
|
12.21
|
0.56
|
(0.10)
|
0.46
|
(0.67)
|
0.00
|
0.00
|
(0.67)
|
03/31/2018
|
12.24
|
0.56
|
0.08
|
0.64
|
(0.67)
|
0.00
|
0.00
|
(0.67)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.42
|
$
(0.61)
|
$
(0.19)
|
$
(0.47)
|
$
0.00
|
$
0.00
|
$
(0.47)
|
03/31/2021
|
10.97
|
0.45
|
1.09
|
1.54
|
(0.25)
|
0.00
|
(0.28)
|
(0.53)
|
03/31/2020
|
12.00
|
0.53
|
(0.87)
|
(0.34)
|
(0.69)
|
0.00
|
0.00
|
(0.69)
|
03/31/2019
|
12.21
|
0.55
|
(0.11)
|
0.44
|
(0.65)
|
0.00
|
0.00
|
(0.65)
|
03/31/2018
|
12.24
|
0.54
|
0.08
|
0.62
|
(0.65)
|
0.00
|
0.00
|
(0.65)
|
|
|
Ratios/Supplemental Data
|
||||||
|
|
|
Ratios to Average Net Assets
|
|
||||
Net Asset Value End
of Year
(a)
|
Total
Return
(d)
|
Net Assets End of
Year
(000s)
|
Expenses
|
Expenses
Excluding Waivers
|
Expenses Excluding
Interest Expense
|
Expenses Excluding
Interest Expense
and Waivers
|
Net Investment
Income (Loss)
|
Portfolio
Turnover Rate
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(1.25)%
|
$
626,661
|
0.91%
|
0.91%
|
0.90%
|
0.90%
|
3.89%
|
26%
|
8.99
|
18.08
|
666,590
|
0.91
|
0.91
|
0.90
|
0.90
|
3.98
|
29
|
7.94
|
(5.19)
|
579,375
|
0.92
|
0.92
|
0.90
|
0.90
|
4.59
|
34
|
8.78
|
5.90
|
710,419
|
0.94
|
0.94
|
0.90
|
0.90
|
4.95
|
21
|
8.72
|
2.72
|
806,919
|
0.92
|
0.92
|
0.90
|
0.90
|
4.53
|
25
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(1.99)%
|
$
25,894
|
1.66%
|
1.66%
|
1.65%
|
1.65%
|
3.13%
|
26%
|
8.99
|
17.20
|
35,990
|
1.66
|
1.66
|
1.65
|
1.65
|
3.25
|
29
|
7.94
|
(5.90)
|
64,260
|
1.67
|
1.67
|
1.65
|
1.65
|
3.85
|
34
|
8.78
|
5.11
|
106,785
|
1.69
|
1.69
|
1.65
|
1.65
|
4.20
|
21
|
8.72
|
1.95
|
141,943
|
1.67
|
1.67
|
1.65
|
1.65
|
3.74
|
25
|
|
|
|
|
|
|
|
|
|
$
8.51
|
(1.50)%
|
$
35,351
|
1.16%
|
1.16%
|
1.15%
|
1.15%
|
3.64%
|
26%
|
8.99
|
17.79
|
36,138
|
1.16
|
1.16
|
1.15
|
1.15
|
3.71
|
29
|
7.94
|
(5.42)
|
27,183
|
1.17
|
1.17
|
1.15
|
1.15
|
4.34
|
34
|
8.78
|
5.64
|
31,064
|
1.19
|
1.19
|
1.15
|
1.15
|
4.70
|
21
|
8.72
|
2.46
|
31,988
|
1.17
|
1.17
|
1.15
|
1.15
|
4.27
|
25
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
9.49
|
(0.59)%
|
$
135,530
|
0.61%
|
0.61%
|
0.60%
|
0.60%
|
4.10%
|
43%
|
10.03
|
22.77
|
170,488
|
0.62
|
0.62
|
0.60
|
0.60
|
4.67
|
39
|
8.58
|
(6.52)
|
101,092
|
0.62
|
0.62
|
0.60
|
0.60
|
5.47
|
27
|
9.71
|
5.36
|
603,647
|
0.63
|
0.63
|
0.60
|
0.60
|
5.93
|
26
|
9.78
|
4.15
|
655,038
|
0.62
|
0.62
|
0.60
|
0.60
|
5.53
|
24
|
|
|
|
|
|
|
|
|
|
$
9.49
|
(0.69)%
|
$
151,560
|
0.71%
|
0.71%
|
0.70%
|
0.70%
|
4.04%
|
43%
|
10.03
|
22.65
|
238,069
|
0.72
|
0.72
|
0.70
|
0.70
|
4.60
|
39
|
8.58
|
(6.61)
|
134,676
|
0.72
|
0.72
|
0.70
|
0.70
|
5.34
|
27
|
9.71
|
5.26
|
193,934
|
0.73
|
0.73
|
0.70
|
0.70
|
5.85
|
26
|
9.78
|
4.05
|
150,910
|
0.72
|
0.72
|
0.70
|
0.70
|
5.45
|
24
|
|
|
|
|
|
|
|
|
|
$
9.49
|
(0.74)%
|
$
2,249
|
0.76%
|
0.81%
|
0.75%
|
0.80%
|
3.94%
|
43%
|
10.03
|
22.59
|
3,621
|
0.77
|
0.82
|
0.75
|
0.80
|
4.41
|
39
|
8.58
|
(6.66)
|
445
|
0.77
|
0.82
|
0.75
|
0.80
|
5.28
|
27
|
9.71
|
4.45
|
2,142
|
0.78*
|
0.83*
|
0.75*
|
0.80*
|
5.91*
|
26
|
|
|
|
|
|
|
|
|
|
$
9.49
|
(0.93)%
|
$
48,680
|
0.96%
|
0.96%
|
0.95%
|
0.95%
|
3.80%
|
43%
|
10.03
|
22.35
|
54,395
|
0.97
|
0.97
|
0.95
|
0.95
|
4.43
|
39
|
8.58
|
(6.85)
|
50,039
|
0.97
|
0.97
|
0.95
|
0.95
|
5.08
|
27
|
9.71
|
5.00
|
63,446
|
0.98
|
0.98
|
0.95
|
0.95
|
5.58
|
26
|
9.78
|
3.79
|
83,841
|
0.97
|
0.97
|
0.95
|
0.95
|
5.21
|
24
|
|
|
|
|
|
|
|
|
|
$
9.49
|
(1.67)%
|
$
5,249
|
1.71%
|
1.71%
|
1.70%
|
1.70%
|
3.06%
|
43%
|
10.03
|
21.44
|
5,265
|
1.72
|
1.72
|
1.70
|
1.70
|
3.72
|
39
|
8.58
|
(7.54)
|
6,862
|
1.72
|
1.72
|
1.70
|
1.70
|
4.33
|
27
|
9.71
|
4.22
|
8,118
|
1.73
|
1.73
|
1.70
|
1.70
|
4.83
|
26
|
9.78
|
3.02
|
10,506
|
1.72
|
1.72
|
1.70
|
1.70
|
4.44
|
24
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(1.62)%
|
$
76,380,731
|
0.51%
|
0.51%
|
0.50%
|
0.50%
|
3.61%
|
319%
|
11.98
|
14.37
|
74,544,238
|
0.62
|
0.62
|
0.50
|
0.50
|
3.91
|
396
|
10.97
|
(3.09)
|
59,316,252
|
1.09
|
1.09
|
0.50
|
0.50
|
4.51
|
421
|
12.00
|
3.91
|
61,701,317
|
1.05
|
1.05
|
0.50
|
0.50
|
4.71
|
472
|
12.21
|
5.27
|
52,201,634
|
0.72
(e)
|
0.72
(e)
|
0.48
(e)
|
0.48
(e)
|
4.51
|
266
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(1.72)%
|
$
33,996,793
|
0.61%
|
0.61%
|
0.60%
|
0.60%
|
3.51%
|
319%
|
11.98
|
14.26
|
34,285,486
|
0.72
|
0.72
|
0.60
|
0.60
|
3.81
|
396
|
10.97
|
(3.19)
|
29,064,542
|
1.19
|
1.19
|
0.60
|
0.60
|
4.40
|
421
|
12.00
|
3.80
|
26,387,730
|
1.15
|
1.15
|
0.60
|
0.60
|
4.60
|
472
|
12.21
|
5.17
|
25,015,439
|
0.82
(f)
|
0.82
(f)
|
0.58
(f)
|
0.58
(f)
|
4.41
|
266
|
|
|
Investment Operations
|
Less
Distributions
(c)
|
|||||
|
|
|
|
|||||
Selected Per Share Data for
the Year or Period Ended^:
|
Net Asset Value
Beginning of
Year or Period
(a)
|
Net Investment
Income (Loss)
(b)
|
Net Realized/
Unrealized
Gain (Loss)
|
Total
|
From Net
Investment
Income
|
From Net
Realized
Capital Gain
|
Tax Basis
Return of
Capital
|
Total
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.41
|
$
(0.61)
|
$
(0.20)
|
$
(0.46)
|
$
0.00
|
$
0.00
|
$
(0.46)
|
03/31/2021
|
10.97
|
0.44
|
1.09
|
1.53
|
(0.24)
|
0.00
|
(0.28)
|
(0.52)
|
03/31/2020
|
12.00
|
0.52
|
(0.87)
|
(0.35)
|
(0.68)
|
0.00
|
0.00
|
(0.68)
|
04/27/2018 - 03/31/2019
|
12.10
|
0.52
|
(0.03)
|
0.49
|
(0.59)
|
0.00
|
0.00
|
(0.59)
|
Administrative Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.40
|
$
(0.61)
|
$
(0.21)
|
$
(0.45)
|
$
0.00
|
$
0.00
|
$
(0.45)
|
03/31/2021
|
10.97
|
0.43
|
1.09
|
1.52
|
(0.23)
|
0.00
|
(0.28)
|
(0.51)
|
03/31/2020
|
12.00
|
0.51
|
(0.87)
|
(0.36)
|
(0.67)
|
0.00
|
0.00
|
(0.67)
|
03/31/2019
|
12.21
|
0.53
|
(0.10)
|
0.43
|
(0.64)
|
0.00
|
0.00
|
(0.64)
|
03/31/2018
|
12.24
|
0.52
|
0.09
|
0.61
|
(0.64)
|
0.00
|
0.00
|
(0.64)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.38
|
$
(0.61)
|
$
(0.23)
|
$
(0.43)
|
$
0.00
|
$
0.00
|
$
(0.43)
|
03/31/2021
|
10.97
|
0.41
|
1.10
|
1.51
|
(0.22)
|
0.00
|
(0.28)
|
(0.50)
|
03/31/2020
|
12.00
|
0.49
|
(0.87)
|
(0.38)
|
(0.65)
|
0.00
|
0.00
|
(0.65)
|
03/31/2019
|
12.21
|
0.51
|
(0.10)
|
0.41
|
(0.62)
|
0.00
|
0.00
|
(0.62)
|
03/31/2018
|
12.24
|
0.51
|
0.08
|
0.59
|
(0.62)
|
0.00
|
0.00
|
(0.62)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.29
|
$
(0.61)
|
$
(0.32)
|
$
(0.34)
|
$
0.00
|
$
0.00
|
$
(0.34)
|
03/31/2021
|
10.97
|
0.32
|
1.10
|
1.42
|
(0.13)
|
0.00
|
(0.28)
|
(0.41)
|
03/31/2020
|
12.00
|
0.40
|
(0.87)
|
(0.47)
|
(0.56)
|
0.00
|
0.00
|
(0.56)
|
03/31/2019
|
12.21
|
0.42
|
(0.10)
|
0.32
|
(0.53)
|
0.00
|
0.00
|
(0.53)
|
03/31/2018
|
12.24
|
0.41
|
0.08
|
0.49
|
(0.52)
|
0.00
|
0.00
|
(0.52)
|
Class R
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.98
|
$
0.35
|
$
(0.61)
|
$
(0.26)
|
$
(0.40)
|
$
0.00
|
$
0.00
|
$
(0.40)
|
03/31/2021
|
10.97
|
0.38
|
1.10
|
1.48
|
(0.19)
|
0.00
|
(0.28)
|
(0.47)
|
03/31/2020
|
12.00
|
0.46
|
(0.87)
|
(0.41)
|
(0.62)
|
0.00
|
0.00
|
(0.62)
|
03/31/2019
|
12.21
|
0.48
|
(0.10)
|
0.38
|
(0.59)
|
0.00
|
0.00
|
(0.59)
|
03/31/2018
|
12.24
|
0.48
|
0.08
|
0.56
|
(0.59)
|
0.00
|
0.00
|
(0.59)
|
PIMCO Long-Term Credit Bond Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
12.28
|
$
0.48
|
$
(0.98)
|
$
(0.50)
|
$
(0.57)
|
$
(0.34)
|
$
0.00
|
$
(0.91)
|
03/31/2021
|
12.08
|
0.50
|
0.74
|
1.24
|
(0.58)
|
(0.46)
|
0.00
|
(1.04)
|
03/31/2020
|
11.69
|
0.48
|
0.54
|
1.02
|
(0.59)
|
(0.04)
|
0.00
|
(0.63)
|
03/31/2019
|
11.83
|
0.49
|
0.08
|
0.57
|
(0.49)
|
(0.15)
|
(0.07)
|
(0.71)
|
03/31/2018
|
11.63
|
0.53
|
0.25
|
0.78
|
(0.58)
|
0.00
|
0.00
|
(0.58)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
12.28
|
$
0.47
|
$
(0.98)
|
$
(0.51)
|
$
(0.56)
|
$
(0.34)
|
$
0.00
|
$
(0.90)
|
03/31/2021
|
12.08
|
0.49
|
0.73
|
1.22
|
(0.56)
|
(0.46)
|
0.00
|
(1.02)
|
03/31/2020
|
11.69
|
0.47
|
0.54
|
1.01
|
(0.58)
|
(0.04)
|
0.00
|
(0.62)
|
03/31/2019
|
11.83
|
0.48
|
0.08
|
0.56
|
(0.48)
|
(0.15)
|
(0.07)
|
(0.70)
|
03/31/2018
|
11.63
|
0.52
|
0.25
|
0.77
|
(0.57)
|
0.00
|
0.00
|
(0.57)
|
PIMCO Low Duration Credit Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.31
|
$
0.34
|
$
(0.18)
|
$
0.16
|
$
(0.34)
|
$
(0.04)
|
$
0.00
|
$
(0.38)
|
03/31/2021
|
8.63
|
0.31
|
0.70
|
1.01
|
(0.33)
|
0.00
|
0.00
|
(0.33)
|
03/31/2020
|
9.73
|
0.43
|
(1.06)
|
(0.63)
|
(0.47)
|
0.00
|
0.00
|
(0.47)
|
03/31/2019
|
9.90
|
0.41
|
(0.14)
|
0.27
|
(0.44)
|
0.00
|
0.00
|
(0.44)
|
03/31/2018
|
9.94
|
0.35
|
0.01
|
0.36
|
(0.38)
|
0.00
|
(0.02)
|
(0.40)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.31
|
$
0.33
|
$
(0.18)
|
$
0.15
|
$
(0.33)
|
$
(0.04)
|
$
0.00
|
$
(0.37)
|
03/31/2021
|
8.63
|
0.31
|
0.69
|
1.00
|
(0.32)
|
0.00
|
0.00
|
(0.32)
|
03/31/2020
|
9.73
|
0.42
|
(1.06)
|
(0.64)
|
(0.46)
|
0.00
|
0.00
|
(0.46)
|
03/31/2019
|
9.90
|
0.42
|
(0.16)
|
0.26
|
(0.43)
|
0.00
|
0.00
|
(0.43)
|
03/31/2018
|
9.94
|
0.34
|
0.01
|
0.35
|
(0.37)
|
0.00
|
(0.02)
|
(0.39)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.31
|
$
0.31
|
$
(0.18)
|
$
0.13
|
$
(0.31)
|
$
(0.04)
|
$
0.00
|
$
(0.35)
|
03/31/2021
|
8.63
|
0.29
|
0.70
|
0.99
|
(0.31)
|
0.00
|
0.00
|
(0.31)
|
03/31/2020
|
9.73
|
0.40
|
(1.06)
|
(0.66)
|
(0.44)
|
0.00
|
0.00
|
(0.44)
|
03/31/2019
|
9.90
|
0.39
|
(0.15)
|
0.24
|
(0.41)
|
0.00
|
0.00
|
(0.41)
|
03/31/2018
|
9.94
|
0.32
|
0.01
|
0.33
|
(0.35)
|
0.00
|
(0.02)
|
(0.37)
|
|
|
Ratios/Supplemental Data
|
||||||
|
|
|
Ratios to Average Net Assets
|
|
||||
Net Asset Value End
of Year or Period
(a)
|
Total
Return
(d)
|
Net Assets End of
Year or Period
(000s)
|
Expenses
|
Expenses
Excluding Waivers
|
Expenses Excluding
Interest Expense
|
Expenses Excluding
Interest Expense
and Waivers
|
Net Investment
Income (Loss)
|
Portfolio
Turnover Rate
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(1.77)%
|
$
878,330
|
0.66%
|
0.71%
|
0.65%
|
0.70%
|
3.46%
|
319%
|
11.98
|
14.21
|
1,020,788
|
0.77
|
0.82
|
0.65
|
0.70
|
3.76
|
396
|
10.97
|
(3.24)
|
678,734
|
1.24
|
1.29
|
0.65
|
0.70
|
4.33
|
421
|
12.00
|
4.24
|
408,716
|
1.20*
|
1.25*
|
0.65*
|
0.70*
|
4.75*
|
472
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(1.87)%
|
$
377,580
|
0.76%
|
0.76%
|
0.75%
|
0.75%
|
3.37%
|
319%
|
11.98
|
14.09
|
454,978
|
0.87
|
0.87
|
0.75
|
0.75
|
3.66
|
396
|
10.97
|
(3.33)
|
403,685
|
1.34
|
1.34
|
0.75
|
0.75
|
4.25
|
421
|
12.00
|
3.65
|
417,229
|
1.30
|
1.30
|
0.75
|
0.75
|
4.46
|
472
|
12.21
|
5.01
|
401,440
|
0.97
(e)
|
0.97
(e)
|
0.73
(e)
|
0.73
(e)
|
4.26
|
266
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(2.02)%
|
$
15,042,742
|
0.91%
|
0.91%
|
0.90%
|
0.90%
|
3.21%
|
319%
|
11.98
|
13.92
|
17,240,908
|
1.02
|
1.02
|
0.90
|
0.90
|
3.52
|
396
|
10.97
|
(3.48)
|
15,928,413
|
1.49
|
1.49
|
0.90
|
0.90
|
4.12
|
421
|
12.00
|
3.49
|
21,103,370
|
1.45
|
1.45
|
0.90
|
0.90
|
4.29
|
472
|
12.21
|
4.85
|
25,214,615
|
1.12
(g)
|
1.12
(g)
|
0.88
(g)
|
0.88
(g)
|
4.16
|
266
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(2.75)%
|
$
5,616,649
|
1.66%
|
1.66%
|
1.65%
|
1.65%
|
2.46%
|
319%
|
11.98
|
13.08
|
7,005,169
|
1.77
|
1.77
|
1.65
|
1.65
|
2.77
|
396
|
10.97
|
(4.20)
|
7,924,011
|
2.24
|
2.24
|
1.65
|
1.65
|
3.36
|
421
|
12.00
|
2.72
|
8,344,530
|
2.20
|
2.20
|
1.65
|
1.65
|
3.55
|
472
|
12.21
|
4.07
|
9,122,805
|
1.87
(g)
|
1.87
(g)
|
1.63
(g)
|
1.63
(g)
|
3.35
|
266
|
|
|
|
|
|
|
|
|
|
$
11.32
|
(2.26)%
|
$
511,456
|
1.16%
|
1.16%
|
1.15%
|
1.15%
|
2.96%
|
319%
|
11.98
|
13.64
|
542,629
|
1.27
|
1.27
|
1.15
|
1.15
|
3.26
|
396
|
10.97
|
(3.72)
|
512,039
|
1.74
|
1.74
|
1.15
|
1.15
|
3.85
|
421
|
12.00
|
3.23
|
489,890
|
1.70
|
1.70
|
1.15
|
1.15
|
4.06
|
472
|
12.21
|
4.59
|
449,900
|
1.37
(g)
|
1.37
(g)
|
1.13
(g)
|
1.13
(g)
|
3.86
|
266
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
10.87
|
(4.81)%
|
$
3,512,411
|
0.57%
|
0.57%
|
0.55%
|
0.55%
|
3.86%
|
59%
|
12.28
|
9.84
|
3,483,341
|
0.59
|
0.59
|
0.55
|
0.55
|
3.79
|
103
|
12.08
|
8.59
|
3,313,697
|
0.84
|
0.84
|
0.55
|
0.55
|
3.84
|
180
|
11.69
|
5.20
|
3,576,056
|
0.79
|
0.79
|
0.55
|
0.55
|
4.33
|
133
|
11.83
|
6.76
|
3,309,210
|
0.85
|
0.85
|
0.55
|
0.55
|
4.43
|
96
|
|
|
|
|
|
|
|
|
|
$
10.87
|
(4.90)%
|
$
110,710
|
0.67%
|
0.67%
|
0.65%
|
0.65%
|
3.76%
|
59%
|
12.28
|
9.73
|
133,698
|
0.69
|
0.69
|
0.65
|
0.65
|
3.69
|
103
|
12.08
|
8.49
|
197,002
|
0.94
|
0.94
|
0.65
|
0.65
|
3.71
|
180
|
11.69
|
5.10
|
71,189
|
0.89
|
0.89
|
0.65
|
0.65
|
4.23
|
133
|
11.83
|
6.66
|
54,410
|
0.95
|
0.95
|
0.65
|
0.65
|
4.34
|
96
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
9.09
|
1.74%
|
$
348,698
|
0.73%
|
0.73%
|
0.70%
|
0.70%
|
3.63%
|
134%
|
9.31
|
11.85
|
210,739
|
0.73
|
0.73
|
0.70
|
0.70
|
3.42
|
184
|
8.63
|
(6.94)
|
151,077
|
0.75
|
0.75
|
0.70
|
0.70
|
4.42
|
49
|
9.73
|
2.74
|
171,645
|
0.75
|
0.75
|
0.70
|
0.70
|
4.15
|
42
|
9.90
|
3.66
|
1,269,665
|
0.72
|
0.72
|
0.70
|
0.70
|
3.55
|
34
|
|
|
|
|
|
|
|
|
|
$
9.09
|
1.64%
|
$
12,997
|
0.83%
|
0.83%
|
0.80%
|
0.80%
|
3.52%
|
134%
|
9.31
|
11.74
|
22,046
|
0.83
|
0.83
|
0.80
|
0.80
|
3.34
|
184
|
8.63
|
(7.03)
|
25,932
|
0.85
|
0.85
|
0.80
|
0.80
|
4.30
|
49
|
9.73
|
2.64
|
38,809
|
0.85
|
0.85
|
0.80
|
0.80
|
4.25
|
42
|
9.90
|
3.56
|
22,172
|
0.82
|
0.82
|
0.80
|
0.80
|
3.47
|
34
|
|
|
|
|
|
|
|
|
|
$
9.09
|
1.43%
|
$
64,194
|
1.03%
|
1.03%
|
1.00%
|
1.00%
|
3.32%
|
134%
|
9.31
|
11.52
|
54,219
|
1.03
|
1.03
|
1.00
|
1.00
|
3.16
|
184
|
8.63
|
(7.22)
|
52,228
|
1.05
|
1.05
|
1.00
|
1.00
|
4.13
|
49
|
9.73
|
2.44
|
89,364
|
1.05
|
1.05
|
1.00
|
1.00
|
4.02
|
42
|
9.90
|
3.35
|
94,579
|
1.02
|
1.02
|
1.00
|
1.00
|
3.24
|
34
|
|
|
Investment Operations
|
Less
Distributions
(c)
|
|||||
|
|
|
|
|||||
Selected Per Share Data for
the Year or Period Ended^:
|
Net Asset Value
Beginning of
Year or Period
(a)
|
Net Investment
Income (Loss)
(b)
|
Net Realized/
Unrealized
Gain (Loss)
|
Total
|
From Net
Investment
Income
|
From Net
Realized
Capital Gain
|
Tax Basis
Return of
Capital
|
Total
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
9.31
|
$
0.24
|
$
(0.18)
|
$
0.06
|
$
(0.24)
|
$
(0.04)
|
$
0.00
|
$
(0.28)
|
03/31/2021
|
8.63
|
0.21
|
0.71
|
0.92
|
(0.24)
|
0.00
|
0.00
|
(0.24)
|
03/31/2020
|
9.73
|
0.33
|
(1.06)
|
(0.73)
|
(0.37)
|
0.00
|
0.00
|
(0.37)
|
03/31/2019
|
9.90
|
0.32
|
(0.16)
|
0.16
|
(0.33)
|
0.00
|
0.00
|
(0.33)
|
03/31/2018
|
9.94
|
0.25
|
0.00
|
0.25
|
(0.27)
|
0.00
|
(0.02)
|
(0.29)
|
PIMCO Low Duration Income Fund
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.67
|
$
0.23
|
$
(0.35)
|
$
(0.12)
|
$
(0.26)
|
$
0.00
|
$
0.00
|
$
(0.26)
|
03/31/2021
|
7.95
|
0.25
|
0.75
|
1.00
|
(0.23)
|
0.00
|
(0.05)
|
(0.28)
|
03/31/2020
|
8.58
|
0.32
|
(0.55)
|
(0.23)
|
(0.40)
|
0.00
|
0.00
|
(0.40)
|
03/31/2019
|
8.56
|
0.30
|
0.01
|
0.31
|
(0.29)
|
0.00
|
0.00
|
(0.29)
|
03/31/2018
|
8.46
|
0.27
|
0.09
|
0.36
|
(0.26)
|
0.00
|
0.00
|
(0.26)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.67
|
$
0.22
|
$
(0.34)
|
$
(0.12)
|
$
(0.26)
|
$
0.00
|
$
0.00
|
$
(0.26)
|
03/31/2021
|
7.95
|
0.24
|
0.75
|
0.99
|
(0.22)
|
0.00
|
(0.05)
|
(0.27)
|
03/31/2020
|
8.58
|
0.31
|
(0.55)
|
(0.24)
|
(0.39)
|
0.00
|
0.00
|
(0.39)
|
03/31/2019
|
8.56
|
0.30
|
0.00
|
0.30
|
(0.28)
|
0.00
|
0.00
|
(0.28)
|
03/31/2018
|
8.46
|
0.26
|
0.09
|
0.35
|
(0.25)
|
0.00
|
0.00
|
(0.25)
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.67
|
$
0.21
|
$
(0.34)
|
$
(0.13)
|
$
(0.25)
|
$
0.00
|
$
0.00
|
$
(0.25)
|
03/31/2021
|
7.95
|
0.24
|
0.75
|
0.99
|
(0.22)
|
0.00
|
(0.05)
|
(0.27)
|
03/31/2020
|
8.58
|
0.31
|
(0.56)
|
(0.25)
|
(0.38)
|
0.00
|
0.00
|
(0.38)
|
04/27/2018 - 03/31/2019
|
8.54
|
0.29
|
0.01
|
0.30
|
(0.26)
|
0.00
|
0.00
|
(0.26)
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.67
|
$
0.19
|
$
(0.34)
|
$
(0.15)
|
$
(0.23)
|
$
0.00
|
$
0.00
|
$
(0.23)
|
03/31/2021
|
7.95
|
0.22
|
0.75
|
0.97
|
(0.20)
|
0.00
|
(0.05)
|
(0.25)
|
03/31/2020
|
8.58
|
0.28
|
(0.55)
|
(0.27)
|
(0.36)
|
0.00
|
0.00
|
(0.36)
|
03/31/2019
|
8.56
|
0.27
|
0.01
|
0.28
|
(0.26)
|
0.00
|
0.00
|
(0.26)
|
03/31/2018
|
8.46
|
0.23
|
0.09
|
0.32
|
(0.22)
|
0.00
|
0.00
|
(0.22)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.67
|
$
0.17
|
$
(0.35)
|
$
(0.18)
|
$
(0.20)
|
$
0.00
|
$
0.00
|
$
(0.20)
|
03/31/2021
|
7.95
|
0.19
|
0.75
|
0.94
|
(0.17)
|
0.00
|
(0.05)
|
(0.22)
|
03/31/2020
|
8.58
|
0.26
|
(0.55)
|
(0.29)
|
(0.34)
|
0.00
|
0.00
|
(0.34)
|
03/31/2019
|
8.56
|
0.24
|
0.01
|
0.25
|
(0.23)
|
0.00
|
0.00
|
(0.23)
|
03/31/2018
|
8.46
|
0.20
|
0.10
|
0.30
|
(0.20)
|
0.00
|
0.00
|
(0.20)
|
Class C - 2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
8.67
|
$
0.15
|
$
(0.34)
|
$
(0.19)
|
$
(0.19)
|
$
0.00
|
$
0.00
|
$
(0.19)
|
10/21/2020-03/31/2021
|
8.47
|
0.08
|
0.20
|
0.28
|
(0.03)
|
0.00
|
(0.05)
|
(0.08)
|
PIMCO Preferred and Capital Securities Fund
(Consolidated)
|
|
|
|
|
||||
Institutional Class
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.10
|
$
0.38
|
$
(0.62)
|
$
(0.24)
|
$
(0.41)
|
$
(0.21)
|
$
0.00
|
$
(0.62)
|
03/31/2021
|
9.23
|
0.40
|
1.88
|
2.28
|
(0.41)
|
0.00
|
0.00
|
(0.41)
|
03/31/2020
|
9.98
|
0.41
|
(0.63)
|
(0.22)
|
(0.50)
|
(0.03)
|
0.00
|
(0.53)
|
03/31/2019
|
10.31
|
0.46
|
(0.18)
|
0.28
|
(0.59)
|
(0.01)
|
(0.01)
|
(0.61)
|
03/31/2018
|
10.22
|
0.41
|
0.43
|
0.84
|
(0.72)
|
(0.03)
|
0.00
|
(0.75)
|
I-2
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.08
|
$
0.36
|
$
(0.62)
|
$
(0.26)
|
$
(0.40)
|
$
(0.21)
|
$
0.00
|
$
(0.61)
|
03/31/2021
|
9.21
|
0.39
|
1.88
|
2.27
|
(0.40)
|
0.00
|
0.00
|
(0.40)
|
03/31/2020
|
9.97
|
0.40
|
(0.64)
|
(0.24)
|
(0.49)
|
(0.03)
|
0.00
|
(0.52)
|
03/31/2019
|
10.30
|
0.45
|
(0.18)
|
0.27
|
(0.58)
|
(0.01)
|
(0.01)
|
(0.60)
|
03/31/2018
|
10.21
|
0.40
|
0.43
|
0.83
|
(0.71)
|
(0.03)
|
0.00
|
(0.74)
|
I-3
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.06
|
$
0.35
|
$
(0.61)
|
$
(0.26)
|
$
(0.40)
|
$
(0.21)
|
$
0.00
|
$
(0.61)
|
03/31/2021
|
9.20
|
0.38
|
1.88
|
2.26
|
(0.40)
|
0.00
|
0.00
|
(0.40)
|
03/31/2020
|
9.95
|
0.40
|
(0.63)
|
(0.23)
|
(0.49)
|
(0.03)
|
0.00
|
(0.52)
|
04/27/2018 - 03/31/2019
|
10.32
|
0.43
|
(0.19)
|
0.24
|
(0.59)
|
(0.01)
|
(0.01)
|
(0.61)
|
|
|
Ratios/Supplemental Data
|
||||||
|
|
|
Ratios to Average Net Assets
|
|
||||
Net Asset Value End
of Year or Period
(a)
|
Total
Return
(d)
|
Net Assets End of
Year or Period
(000s)
|
Expenses
|
Expenses
Excluding Waivers
|
Expenses Excluding
Interest Expense
|
Expenses Excluding
Interest Expense
and Waivers
|
Net Investment
Income (Loss)
|
Portfolio
Turnover Rate
|
|
|
|
|
|
|
|
|
|
$
9.09
|
0.68%
|
$
6,818
|
1.78%
|
1.78%
|
1.75%
|
1.75%
|
2.57%
|
134%
|
9.31
|
10.68
|
9,975
|
1.78
|
1.78
|
1.75
|
1.75
|
2.34
|
184
|
8.63
|
(7.91)
|
22,627
|
1.80
|
1.80
|
1.75
|
1.75
|
3.39
|
49
|
9.73
|
1.68
|
46,421
|
1.80
|
1.80
|
1.75
|
1.75
|
3.27
|
42
|
9.90
|
2.58
|
44,916
|
1.77
|
1.77
|
1.75
|
1.75
|
2.48
|
34
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
8.29
|
(1.41)%
|
$
3,636,332
|
0.50%
|
0.50%
|
0.50%
|
0.50%
|
2.63%
|
581%
|
8.67
|
12.72
|
2,204,463
|
0.54
|
0.54
|
0.51
|
0.51
|
2.96
|
410
|
7.95
|
(2.94)
|
1,644,585
|
0.55
|
0.55
|
0.51
|
0.51
|
3.77
|
432
|
8.58
|
3.70
|
1,682,347
|
0.58
|
0.59
|
0.50
|
0.51
|
3.55
|
207
|
8.56
|
4.29
|
705,766
|
0.50
|
0.55
|
0.46
|
0.51
|
3.21
|
128
|
|
|
|
|
|
|
|
|
|
$
8.29
|
(1.51)%
|
$
5,060,851
|
0.60%
|
0.60%
|
0.60%
|
0.60%
|
2.55%
|
581%
|
8.67
|
12.61
|
3,109,079
|
0.64
|
0.64
|
0.61
|
0.61
|
2.85
|
410
|
7.95
|
(3.04)
|
2,246,989
|
0.65
|
0.65
|
0.61
|
0.61
|
3.64
|
432
|
8.58
|
3.60
|
1,854,130
|
0.68
|
0.69
|
0.60
|
0.61
|
3.49
|
207
|
8.56
|
4.19
|
509,577
|
0.60
|
0.65
|
0.56
|
0.61
|
3.10
|
128
|
|
|
|
|
|
|
|
|
|
$
8.29
|
(1.56)%
|
$
133,106
|
0.65%
|
0.70%
|
0.65%
|
0.70%
|
2.49%
|
581%
|
8.67
|
12.57
|
87,455
|
0.69
|
0.74
|
0.66
|
0.71
|
2.82
|
410
|
7.95
|
(3.09)
|
20,116
|
0.70
|
0.75
|
0.66
|
0.71
|
3.63
|
432
|
8.58
|
3.56
|
39,161
|
0.73*
|
0.79*
|
0.65*
|
0.71*
|
3.69*
|
207
|
|
|
|
|
|
|
|
|
|
$
8.29
|
(1.80)%
|
$
2,061,864
|
0.90%
|
0.90%
|
0.90%
|
0.90%
|
2.23%
|
581%
|
8.67
|
12.28
|
1,784,043
|
0.94
|
0.94
|
0.91
|
0.91
|
2.55
|
410
|
7.95
|
(3.33)
|
1,322,295
|
0.95
|
0.95
|
0.91
|
0.91
|
3.33
|
432
|
8.58
|
3.29
|
1,056,714
|
0.98
|
0.99
|
0.90
|
0.91
|
3.16
|
207
|
8.56
|
3.87
|
533,327
|
0.90
|
0.95
|
0.86
|
0.91
|
2.70
|
128
|
|
|
|
|
|
|
|
|
|
$
8.29
|
(2.10)%
|
$
224,472
|
1.20%
|
1.20%
|
1.20%
|
1.20%
|
1.93%
|
581%
|
8.67
|
11.95
|
212,807
|
1.24
|
1.24
|
1.21
|
1.21
|
2.25
|
410
|
7.95
|
(3.62)
|
200,678
|
1.25
|
1.25
|
1.21
|
1.21
|
3.07
|
432
|
8.58
|
2.98
|
190,628
|
1.28
|
1.29
|
1.20
|
1.21
|
2.85
|
207
|
8.56
|
3.56
|
101,717
|
1.20
|
1.25
|
1.16
|
1.21
|
2.34
|
128
|
|
|
|
|
|
|
|
|
|
$
8.29
|
(2.29)%
|
$
9,357
|
1.40%
|
1.40%
|
1.40%
|
1.40%
|
1.77%
|
581%
|
8.67
|
3.35
|
3,209
|
1.44*
|
1.44*
|
1.41*
|
1.41*
|
2.04*
|
410
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
10.24
|
(2.40)%
|
$
1,500,453
|
0.79%
|
0.88%
|
0.79%
|
0.88%
|
3.38%
|
22%
|
11.10
|
24.86
|
1,216,087
|
0.81
|
0.91
|
0.79
|
0.89
|
3.74
|
59
|
9.23
|
(2.68)
|
788,615
|
0.79
|
0.87
|
0.78
|
0.86
|
3.92
|
67
|
9.98
|
2.83
|
259,798
|
0.82
|
0.91
|
0.81
|
0.90
|
4.58
|
57
|
10.31
|
8.28
|
119,949
|
0.80
|
0.87
|
0.80
|
0.87
|
3.94
|
151
|
|
|
|
|
|
|
|
|
|
$
10.21
|
(2.58)%
|
$
397,056
|
0.89%
|
0.98%
|
0.89%
|
0.98%
|
3.28%
|
22%
|
11.08
|
24.81
|
318,242
|
0.91
|
1.01
|
0.89
|
0.99
|
3.65
|
59
|
9.21
|
(2.87)
|
230,245
|
0.89
|
0.97
|
0.88
|
0.96
|
3.85
|
67
|
9.97
|
2.76
|
130,385
|
0.92
|
1.01
|
0.91
|
1.00
|
4.51
|
57
|
10.30
|
8.27
|
36,539
|
0.90
|
0.97
|
0.90
|
0.97
|
3.82
|
151
|
|
|
|
|
|
|
|
|
|
$
10.19
|
(2.65)%
|
$
42,097
|
0.94%
|
1.08%
|
0.94%
|
1.08%
|
3.20%
|
22%
|
11.06
|
24.68
|
42,310
|
0.96
|
1.11
|
0.94
|
1.09
|
3.60
|
59
|
9.20
|
(2.80)
|
28,048
|
0.94
|
1.07
|
0.93
|
1.06
|
3.80
|
67
|
9.95
|
2.49
|
11,782
|
0.97*
|
1.11*
|
0.96*
|
1.10*
|
4.79*
|
57
|
|
|
Investment Operations
|
Less
Distributions
(c)
|
|||||
|
|
|
|
|||||
Selected Per Share Data for
the Year or Period Ended^:
|
Net Asset Value
Beginning of
Year or Period
(a)
|
Net Investment
Income (Loss)
(b)
|
Net Realized/
Unrealized
Gain (Loss)
|
Total
|
From Net
Investment
Income
|
From Net
Realized
Capital Gain
|
Tax Basis
Return of
Capital
|
Total
|
Class A
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.05
|
$
0.33
|
$
(0.61)
|
$
(0.28)
|
$
(0.38)
|
$
(0.21)
|
$
0.00
|
$
(0.59)
|
03/31/2021
|
9.19
|
0.36
|
1.88
|
2.24
|
(0.38)
|
0.00
|
0.00
|
(0.38)
|
03/31/2020
|
9.95
|
0.37
|
(0.63)
|
(0.26)
|
(0.47)
|
(0.03)
|
0.00
|
(0.50)
|
03/31/2019
|
10.29
|
0.43
|
(0.19)
|
0.24
|
(0.56)
|
(0.01)
|
(0.01)
|
(0.58)
|
03/31/2018
|
10.22
|
0.38
|
0.42
|
0.80
|
(0.70)
|
(0.03)
|
0.00
|
(0.73)
|
Class C
|
|
|
|
|
|
|
|
|
03/31/2022
|
$
11.03
|
$
0.25
|
$
(0.62)
|
$
(0.37)
|
$
(0.30)
|
$
(0.21)
|
$
0.00
|
$
(0.51)
|
03/31/2021
|
9.19
|
0.28
|
1.87
|
2.15
|
(0.31)
|
0.00
|
0.00
|
(0.31)
|
08/23/2019 - 03/31/2020
|
10.48
|
0.16
|
(1.08)
|
(0.92)
|
(0.34)
|
(0.03)
|
0.00
|
(0.37)
|
|
|
Ratios/Supplemental Data
|
||||||
|
|
|
Ratios to Average Net Assets
|
|
||||
Net Asset Value End
of Year or Period
(a)
|
Total
Return
(d)
|
Net Assets End of
Year or Period
(000s)
|
Expenses
|
Expenses
Excluding Waivers
|
Expenses Excluding
Interest Expense
|
Expenses Excluding
Interest Expense
and Waivers
|
Net Investment
Income (Loss)
|
Portfolio
Turnover Rate
|
|
|
|
|
|
|
|
|
|
$
10.18
|
(2.82)%
|
$
306,012
|
1.14%
|
1.23%
|
1.14%
|
1.23%
|
3.01%
|
22%
|
11.05
|
24.46
|
302,567
|
1.16
|
1.26
|
1.14
|
1.24
|
3.40
|
59
|
9.19
|
(3.06)
|
264,206
|
1.14
|
1.22
|
1.13
|
1.21
|
3.57
|
67
|
9.95
|
2.50
|
119,215
|
1.17
|
1.26
|
1.16
|
1.25
|
4.29
|
57
|
10.29
|
7.88
|
35,464
|
1.15
|
1.22
|
1.15
|
1.22
|
3.63
|
151
|
|
|
|
|
|
|
|
|
|
$
10.15
|
(3.56)%
|
$
22,897
|
1.89%
|
1.98%
|
1.89%
|
1.98%
|
2.27%
|
22%
|
11.03
|
23.53
|
20,136
|
1.91
|
2.01
|
1.89
|
1.99
|
2.65
|
59
|
9.19
|
(9.21)
|
12,500
|
1.89*
|
1.97*
|
1.88*
|
1.96*
|
2.64*
|
67
|
Front-end Sales Load Waivers on Class A Shares available at Merrill Lynch
|
Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that
the shares are not held in
a commission-based brokerage account
and shares are held for the benefit of the plan
|
Shares purchased by a 529 Plan (does not include 529 Plan units or 529-specific share classes or equivalents)
|
Shares purchased through a Merrill Lynch affiliated investment advisory program
|
Shares of Funds purchased through the Merrill Edge Self-Directed platform
|
Shares exchanged due to the holdings moving from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory) account pursuant to
Merrill Lynch’s policies
relating to sales load discounts
and waivers
|
Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch’s platform
|
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within
the fund family)
|
Shares exchanged from Class C (i.e., level-load) shares of the same fund pursuant to Merrill Lynch’s policies relating to sales load discounts and
waivers
|
Employees and registered representatives of Merrill Lynch or its affiliates and their family members
|
Directors or Trustees of the Fund, and employees of the Fund’s investment adviser or any of its affiliates, as described in the this prospectus
|
Eligible shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2)
the redemption and
purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement). Automated transactions (i.e. systematic
purchases and withdrawals) and purchases made after shares are automatically sold to pay Merrill Lynch’s account maintenance fees are not eligible for
reinstatement
|
CDSC Waivers on A and C Shares available at Merrill Lynch
|
Death or disability of the shareholder
|
Shares sold as part of a systematic withdrawal plan as described in the Fund’s prospectus
|
Return of excess contributions from an IRA Account
|
Shares sold as part of a required minimum distribution for IRA and retirement accounts pursuant to the Internal Revenue Code
|
Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch
|
Shares acquired through a right of reinstatement
|
Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to a certain fee based account or platform (applicable to
A and C shares only)
|
Class A shares sold as a result of exchanges of shares purchased through a Merrill Lynch affiliated investment advisory program due to the holdings moving from the
program to a Merrill Lynch
brokerage (non-advisory)
account
|
Shares received through an exchange due to the holdings moving from a Merrill Lynch affiliated investment advisory program to a Merrill Lynch brokerage (non-advisory)
account pursuant to Merrill
Lynch’s policies relating to
sales load discounts and waivers
|
Front-end load Discounts Available at Merrill Lynch: Breakpoints, Rights of Accumulation & Letters of Intent
|
Breakpoints as described in this prospectus.
|
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts as described in the Fund’s prospectus will be automatically calculated based on
the aggregated holding of fund
family assets held by accounts
(including 529 program holdings, where applicable) within the purchaser’s household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be
included in the ROA calculation only if the shareholder notifies his or her
financial advisor about such assets
|
Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of
time
|
Class A Shares Front-End Sales Charge Waivers available at Ameriprise Financial
|
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined
benefit plans). For purposes of
this provision,
employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs.
|
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same Fund (but not any other fund within
the same fund family).
|
Shares exchanged from Class C shares of the same fund in the month of or following the 7-year anniversary of the purchase date. To the extent that this prospectus
elsewhere provides for a waiver
with respect to exchanges of
Class C shares or conversion of Class C shares following a shorter holding period, that waiver will apply.
|
Employees and registered representatives of Ameriprise Financial or its affiliates and their immediate family members.
|
Shares purchased by or through qualified accounts (including IRAs, Coverdell Education Savings Accounts, 401(k)s, 403(b) TSCAs subject to ERISA and defined benefit
plans) that are held by a
covered family member, defined as an
Ameriprise financial advisor and/or the advisor’s spouse, advisor’s lineal ascendant (mother, father, grandmother, grandfather, great grandmother, great
grandfather), advisor’s lineal descendant (son, step-son, daughter,
step-daughter, grandson, granddaughter, great grandson, great granddaughter) or any spouse of a covered family member who is
a lineal descendant.
|
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the
redemption and purchase
occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (i.e., Rights of Reinstatement).
|
Front-end Sales Charge Waivers on Class A Shares available at Morgan Stanley Wealth Management
|
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined
benefit plans). For purposes of
this provision,
employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans.
|
Morgan Stanley employee and employee-related accounts according to Morgan Stanley’s account linking rules.
|
Shares purchased through reinvestment of dividends and capital gains distributions when purchasing shares of the same Fund.
|
Shares purchased through a Morgan Stanley self-directed brokerage account.
|
Class C and Class C-2
(i.e., level-load) shares that are no longer subject to a contingent deferred sales charge and are converted to Class A shares of the same Fund pursuant to Morgan
Stanley Wealth Management’s
share class conversion
program.
|
Shares purchased from the proceeds of redemptions within the same fund family, provided (i) the repurchase occurs within 90 days following the redemption, (ii) the
redemption and purchase occur
in the same account, and (iii)
redeemed shares were subject to a front-end or deferred sales charge.
|
Front-end sales load waivers on Class A Shares available at Raymond James
|
Shares purchased in an investment advisory program.
|
Shares purchased within the same fund family through a systematic reinvestment of capital gains and dividend distributions.
|
Employees and registered representatives of Raymond James and their family members as designated by Raymond James.
|
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the
redemption and purchase
occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement).
|
A shareholder in the Fund’s Class C shares will have their shares converted at net asset value to Class A shares (or the appropriate share class as determined by
Raymond James) of the Fund if the
shares are no longer subject to
a CDSC and the conversion is in line with the policies and the procedures of Raymond James. More information regarding mutual fund shares purchased through a
Raymond James platform or account, including the conversion described above,
can be found in the Mutual Fund Investing disclosures available on the Raymond James website.
|
CDSC Waivers on Class A and C Shares available at Raymond James
|
Death or disability of the shareholder.
|
Shares sold as part of a systematic withdrawal plan as described in the fund’s prospectus.
|
Return of excess contributions from an IRA Account.
|
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable Internal
Revenue Service regulations as
described in the fund’s
prospectus or SAI.
|
Shares sold to pay Raymond James fees but only if the transaction is initiated by Raymond James.
|
Shares acquired through a right of reinstatement.
|
Front-end Load Discounts available at Raymond James: Breakpoints, Rights of Accumulation and/or Letters of Intent
|
Breakpoints as described in this prospectus.
|
Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held
by accounts within the
purchaser’s household at Raymond
James. Eligible fund family assets not held at Raymond James may be included in the calculation of rights of accumulation only if the shareholder notifies his or
her financial advisor about such assets.
|
Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time period. Eligible fund family assets
not held at Raymond James may
be included in the calculation of
letters of intent only if the shareholder notifies his or her financial advisor about such assets.
|
Front-end Sales Charge Waivers on Class A Shares available at Edward Jones
|
Shares purchased or exchanged by associates of Edward Jones and its affiliates and their family members who have accounts grouped by Edward Jones with other accounts
for the purpose of
providing certain pricing considerations
(“pricing groups,” as determined by Edward Jones under its policies and procedures). This waiver will continue for the remainder of the associate’s life if the
associate retires from Edward Jones in good standing and remains in good
standing pursuant to Edward Jones’ policies and procedures.
|
Shares purchased through an Edward Jones fee-based program
|
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment
|
Shares purchased from the proceeds of redeemed shares of the same fund family, provided (1) the proceeds are from the sale of shares within 60 days of the purchase,
and (2) the sale and purchase
are made in the same share class
and the same account, or the purchase is made in an IRA with proceeds from liquidations in a non-retirement account
|
Shares exchanged into Class A shares from another share class so long as the exchange is into the same Fund and was initiated at the discretion of Edward Jones. Edward
Jones is responsible for
any remaining CDSC, if applicable. Any
future purchases are subject to the applicable sales charge as disclosed in this prospectus.
|
Exchanges from Class C shares to Class A shares of the same Fund, generally, in the 84th month following the anniversary of the purchase date or earlier at the
discretion of Edward Jones
|
CDSC Waivers on Class A and Class C Shares available at Edward Jones
|
Death or disability of the shareholder
|
Shares sold, in an amount that does not exceed 10% per year of the account value, as part of a systematic withdrawal plan as described in this prospectus
|
Return of excess contributions from an IRA.
|
Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches
qualified age based on applicable
Internal Revenue Service
regulations
|
Shares sold to pay Edward Jones fees or costs but only if the transaction is initiated by Edward Jones
|
Shares exchanged in an Edward Jones fee-based program
|
Shares acquired through net asset value reinstatement
|
Shares redeemed at the discretion of Edward Jones for Minimum Balances, as described below.
|
Front-end Sales Charge Discounts Available at Edward Jones: Breakpoints, Rights of Accumulation and/or Letters of Intent
|
Breakpoints as described in this prospectus
|
Rights of Accumulation (“ROA”), which entitle shareholders to breakpoint discounts for the purchase of Class A shares, are determined by taking into
account shares held in all share classes (except
certain money
market funds and any assets held in group retirement plans) of the mutual fund family held by a shareholder or others in the same pricing group. If grouping assets as a shareholder,
this includes all share classes held on the Edward Jones platform and/or held
on another platform. Eligible fund family assets may be included in the ROA calculation only if the shareholder notifies
Edward Jones of such assets at the time of calculation. Money market funds are included only if such shares were sold with a sales charge at the time of purchase or
acquired in exchange for shares
purchased with a sales charge.
The employer maintaining a SEP IRA plan and/or SIMPLE IRA plan may elect to establish or change ROA for the IRA accounts associated with the plan to a plan-level
grouping as opposed to including all share classes at a shareholder or pricing
group level. ROA is determined by calculating the higher of cost minus redemptions or market value (current shares x
NAV).
|
Letters of Intent (“LOI”), which allow for sales charge and breakpoint discounts based on intended purchases within a fund family, through Edward Jones,
over a 13-month period from the date
Edward Jones receives the
LOI. Eligible fund family assets may be included in the LOI calculation only if the shareholder notifies Edward Jones of such assets at the time of calculation. Purchases
made before the LOI is received by Edward Jones are not adjusted under the LOI
and will not reduce the sales charge previously paid. Sales charges will be adjusted if LOI is not met. If the employer
maintaining a SEP IRA plan and/or SIMPLE IRA plan has elected to establish or change ROA for the IRA accounts associated with the plan to a plan-level grouping, LOIs
will also be at the plan-level
and may only be established by the
employer.
|
Other Important Information Regarding Transactions Through Edward Jones
|
Minimum Purchase Amounts
|
◾
Initial purchase minimum:
$250
|
◾
Subsequent purchase minimum:
none
|
Minimum Balances
|
Edward Jones has the right to redeem at its discretion Fund holdings with a balance of $250 or less. The following are examples of accounts that are not included in
Edward Jones’ policy:
|
◾
A fee-based account held on an
Edward Jones platform
|
◾
A 529 account held on an
Edward Jones platform
|
◾
An account with an active
systematic investment plan or LOI
|
Exchanging Share
Classes
|
At any time it deems necessary, Edward Jones has the authority to exchange at net asset value a shareholder's holdings in a Fund to Class A shares of the same
Fund
|
Front-end sales charge waivers on Class A shares available at Janney
|
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same Fund (but not any other fund within
the fund family).
|
Shares purchased by employees and registered representatives of Janney or its affiliates and their family members as designated by Janney.
|
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within ninety (90) days following the redemption, (2)
the redemption and
purchase occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (i.e., right of reinstatement).
|
Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined
benefit plans). For purposes of
this provision,
employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans.
|
Shares acquired through a right of reinstatement.
|
Class C shares that are no longer subject to a CDSC and are converted to Class A shares of the same Fund pursuant to Janney’s policies and
procedures.
|
CDSC Waivers on Class A and C Shares available at Janney
|
Shares sold upon the death or disability of the shareholder.
|
Shares sold as part of a systematic withdrawal plan as described in the Fund’s Prospectus.
|
Shares purchased in connection with a return of excess contributions from an IRA account.
|
Shares sold as part of a required minimum distribution for IRA and retirement accounts if the redemption is taken in or after the year the shareholder reaches
qualified age based on applicable IRS
regulations.
|
Shares sold to pay Janney fees but only if the transaction is initiated by Janney.
|
Shares acquired through a right of reinstatement.
|
Shares exchanged into the same share class of a different fund.
|
Front-end sales charge* discounts available at Janney: breakpoints, rights of accumulation (“ROA”), and/or letters of intent
|
Breakpoints as described in the Fund’s Prospectus.
|
ROA, which entitle shareholders to breakpoint discounts, will be automatically calculated based on the aggregated holding of fund family assets held by accounts within
the purchaser’s household
at Janney. Eligible fund family
assets not held at Janney may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets.
|
Letters of intent which allow for breakpoint discounts based on anticipated purchases within a fund family, over a 13-month time period. Eligible fund family assets
not held at Janney may be
included in the calculation of letters
of intent only if the shareholder notifies his or her financial advisor about such assets.
|
Front-end Sales Load Waivers on Class A Shares available at OPCO
|
Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that
the shares are not held in
a commission-based brokerage account
and shares are held for the benefit of the plan
|
Shares purchased by or through a 529 plan
|
Shares purchased through an OPCO affiliated investment advisory program
|
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same Fund (but not any other fund within
the fund family)
|
Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the
redemption and purchase
occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales load (known as rights of reinstatement).
|
A shareholder in the Fund’s Class C shares purchased prior to July 1, 2015 will have their shares converted at net asset value to Class A shares (or the
appropriate share class) of the Fund if the
shares are no longer
subject to a CDSC and the conversion is in line with the policies and procedures of OPCO. More information regarding mutual fund shares purchased through an OPCO platform
or account, including the conversion described above, can be found in the
disclosures available on the OPCO website.
|
Employees and registered representatives of OPCO or its affiliates and their family members
|
Directors or Trustees of the Fund, and employees of the Fund’s investment adviser or any of its affiliates, as described in this prospectus
|
CDSC Waivers on Class A and C Shares available at OPCO
|
Death or disability of the shareholder
|
Shares sold as part of a systematic withdrawal plan as described in the Fund’s prospectus
|
Return of excess contributions from an IRA Account
|
Shares sold as part of a required minimum distribution for IRA and retirement accounts pursuant to the Internal Revenue Code as described in the
prospectus
|
Shares sold to pay OPCO fees but only if the transaction is initiated by OPCO
|
Shares acquired through a right of reinstatement
|
Front-end load Discounts Available at OPCO: Breakpoints, Rights of Accumulation & Letters of Intent
|
Breakpoints as described in this prospectus
|
Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets
held by accounts within the
purchaser’s household at OPCO.
Eligible fund family assets not held at OPCO may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets
|
Front-End Sales Charge Waivers on Class A Shares available at Baird
|
Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing share of the same Fund
|
Shares purchased by employees and registered representatives of Baird or its affiliates and their family members as designated by Baird according to its policies and
procedures
|
Shares purchased from the proceeds of redemptions from a fund of the fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the
redemption and purchase
occur in the same account, and (3)
redeemed shares were subject to a front-end or deferred sales charge (known as rights of reinstatement)
|
A shareholder in the Fund’s Class C shares will have their share converted at net asset value to Class A shares of the Fund if the shares are no longer subject
to a CDSC and the conversion is in line
with the policies and
procedures of Baird
|
Employer-sponsored retirement plans or charitable accounts in a transactional brokerage account at Baird, including 401(k) plans, 457 plans, employer-sponsored 403(b)
plans, profit sharing and
money purchase pension plans and
defined benefit plans. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs
|
CDSC Waivers on Class A and C Shares available at Baird
|
Shares sold due to death or disability of the shareholder
|
Shares sold as part of a systematic withdrawal plan as described in the Fund’s Prospectus
|
Shares bought due to returns of excess contributions from an IRA Account
|
Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable Internal
Revenue Service regulations as
described in the Fund’s
prospectus
|
Shares sold to pay Baird fees but only if the transaction is initiated by Baird
|
Shares acquired through a right of reinstatement
|
Front-End Sales Charge Discounts available at Baird: Breakpoints, Rights of Accumulation and/or Letters of Intent
|
Breakpoints as described in this prospectus
|
Rights of accumulation which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holdings of fund family assets held
by accounts within the
purchaser’s household at Baird.
Eligible fund family assets not held at Baird may be included in the rights of accumulation calculation only if the shareholder notifies his or her financial advisor about
such assets
|
Letters of Intent (LOI) allow for breakpoint discounts based on anticipated purchases of the fund family through Baird, over a 13-month period of time
|