PIMCO Global StocksPLUS & Income Fund removes non-fundamental leverage disclosure guideline
The board of PIMCO Global StocksPLUS & Income Fund (PGP) approved removing a non-fundamental investment disclosure guideline on leverage, along with related asset segregation and coverage requirements it said no longer apply, effective immediately. The fund remains subject to other leverage limits under Section 18 of the Investment Company Act of 1940, and the change is a disclosure update rather than a stated change to the fund's investments.
- Board approved removal of a non-fundamental leverage disclosure guideline, effective immediately (December 22, 2022 filing)
- Related asset segregation and coverage requirements also removed as no longer applicable
- Fund remains subject to other Section 18 leverage limitations under the Investment Company Act of 1940
- Change will appear in shareholder reports starting with the semi-annual N-CSRS for the period ended December 31, 2022