PIMCO Canada Corp. (“PIMCO Canada”) is pleased to announce that the 2025 April cash distributions for the ETF series (“ETF Series”) of the PIMCO Canada mutual funds that distribute monthly (“Funds”) will be made to unitholders of record as of April 22, 2025. The Funds’ monthly cash distribution payable will be on or about April 30, 2025.
| Fund Name | Ticker | Cash Distribution per Unit |
|---|---|---|
| PIMCO Monthly Income Fund (Canada) | PMIF | $0.08745 |
| PIMCO Monthly Income Fund (Canada) US$ | PMIF.UUS | $0.09785 |
| PIMCO Investment Grade Credit Fund (Canada) | IGCF | $0.05341 |
| PIMCO Global Short Maturity Fund (Canada) | PMNT | $0.06879 |
| PIMCO Low Duration Monthly Income Fund (Canada) | PLDI | $0.08498 |
PIMCO Canada administers and manages the PIMCO Canada ETFs and retains Pacific Investment Management Company LLC (“PIMCO”) to provide sub-advisory services to the Funds. PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, drawing upon our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns. The cash distribution payable by the Funds is expected to be affected by various factors, including market interest rates, fund performance, and other market conditions. The distribution rates may fluctuate in response to changes in market conditions or other factors. As a result, there can be no assurance that the rate will remain sustainable in the future. During periods of low or declining interest rates, the Funds’ distributable income and distribution rate may decline for several reasons. For example, the Fund may have to deploy uninvested assets in new, lower yielding instruments, which can negatively impact payments from certain instruments held by the Fund. Additionally, declining interest rates may lead to a decline in the Fund’s distributable income and distribution rate due to lower returns on its investments. It is essential for investors to understand that the Funds can offer different series, which are subject to different fees and expenses, minimum investment requirements, and services. These differences can impact performance and return on investment. The products and services provided by PIMCO Canada may only be available in certain provinces or territories of Canada and are only offered through dealers authorized for that purpose. As a sub-adviser, PIMCO Canada has retained Pacific Investment Management Company LLC to provide expertise and guidance to the Funds. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser. PIMCO provides services to qualified institutions, financial intermediaries, and institutional investors. Individual investors should consult with their financial professional to determine the most suitable investment options for their financial situation. The information provided in this announcement is intended for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. It is essential to consult the prospectus for further information regarding the Funds and their risks.
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