TORONTO, July 21, 2021 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) is pleased to announce today that it has declared monthly distributions on its Class A Units (the “Units”) of the PIMCO Canada closed end funds (the “Funds”). The distributions will be paid on August 13, 2021 to the holders of record at the close of business on July 30, 2021.
- The Manager, PIMCO Canada, retains Pacific Investment Management Company, LLC (PIMCO), to provide investment management services to the Funds.
- Closed end funds, unlike open end funds, are not continuously offered.
- After the initial public offering, shares of closed end funds are sold on the open market through a stock exchange.
- Units of closed end funds frequently trade at a discount to their net asset value, which may increase risk of loss.