20 material Form 8-K filings that 19 companies we cover made with the SEC in September 2023, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
PIMCO New York Municipal Income Fund II (PNI) said that, effective October 27, 2023, its investment guideline limiting investments in securities that are illiquid at the time of investment to 20% of net assets will be removed. The filing does not state the reason for the change or its expected effect on the portfolio.
Removed guideline capped illiquid securities at 20% of the Fund's net assets at time of investment
Change takes effect October 27, 2023
Filing was signed by Chief Legal Officer Ryan G. Leshaw and dated September 26, 2023
PIMCO Municipal Income Fund II said it will remove its investment guideline that limited illiquid securities, measured at the time of investment, to 20% of the fund's net assets. The change takes effect October 27, 2023, and loosens a limit on the fund's holdings, which shareholders may want to note.
The 20% of net assets limit on securities illiquid at the time of investment is removed, effective October 27, 2023.
The change was disclosed under Item 8.01 (Other Events) in a filing dated September 26, 2023.
The filing was signed by Ryan G. Leshaw, Chief Legal Officer of the fund.
The fund removed its investment guideline that capped investments in securities illiquid at the time of purchase at 15% of net assets, effective October 27, 2023. The filing describes this as an administrative change to investment limits and gives no financial results or market impact.
Fund's 15% of net assets cap on securities illiquid at time of investment is removed
Change is effective October 27, 2023
Filing made September 26, 2023 and signed by Chief Legal Officer Ryan G. Leshaw
Effective October 2, 2023, Giang Bui will serve as a co-portfolio manager of PIMCO Income Strategy Fund (PFL), alongside Alfred T. Murata and Mohit Mittal, who remain in place. The fund's prospectus and Statement of Additional Information are updated to reflect the change in its day-to-day management team, as set out in a supplement dated September 26, 2023.
Giang Bui is an executive vice president and portfolio manager in PIMCO's Newport Beach office, focused on securitized debt, including collateralized loan obligations (CLOs).
Ms. Bui joined PIMCO in 2000 and has 24 years of investment experience.
Murata and Mittal, who have managed the fund since 2014, continue as portfolio managers.
As of August 31, 2023, none of the three portfolio managers beneficially owned shares of the fund.
Effective October 2, 2023, Giang Bui becomes a co-portfolio manager of PIMCO High Income Fund, joining Alfred T. Murata and Mohit Mittal, who are now jointly and primarily responsible for the fund's day-to-day management. The filing is a September 26, 2023 supplement that updates the fund's prospectus and statement of additional information with the three managers' biographies and other-account data. The filing states that none of the three portfolio managers owned shares of the fund at the dates given.
Giang Bui joins Alfred T. Murata and Mohit Mittal as co-portfolio manager effective October 2, 2023.
Murata and Mittal have served on the fund since 2014; Bui is listed with a 2023 start.
Other-account data is as of June 30, 2023 for Murata and Mittal, and August 31, 2023 for Bui.
All three portfolio managers are shown with a dollar range of "None" for fund shares owned.
Effective October 2, 2023, Giang Bui becomes a co-portfolio manager of PIMCO Income Strategy Fund II, sharing day-to-day responsibilities with Alfred T. Murata and Mohit Mittal. A supplement dated September 26, 2023 updates the Fund's prospectus and statement of additional information to reflect the change.
Giang Bui, an executive vice president and portfolio manager of securitized debt instruments, joins Alfred T. Murata and Mohit Mittal as co-portfolio managers effective October 2, 2023
Ms. Bui joined PIMCO in 2000 and has 24 years of investment experience
The filing lists no Fund shares beneficially owned by Mr. Murata, Mr. Mittal, or Ms. Bui
PCM Fund, Inc. disclosed that five PIMCO investment professionals will be primarily responsible for the fund's day-to-day management starting October 2, 2023. The filing provides their biographies, including Daniel J. Ivascyn, who is Group Chief Investment Officer at PIMCO, and notes their years of investment experience at the firm and elsewhere.
Effective October 2, 2023, Daniel J. Ivascyn, Alfred T. Murata, Russell Gannaway, Bryan Tsu and Giang Bui are primarily responsible for day-to-day management.
Daniel J. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office.
The filing lists 32 years of investment experience for Ivascyn, 21 for Murata, 19 for Gannaway, 18 for Tsu and 24 for Bui.
First Trust Advisors announced that Chartwell Investment Partners, the Fund's investment sub-advisor, will release an update on the market and the Fund on September 28, 2023. The filing is a routine notice of a portfolio manager update and contains no financial results, guidance, or changes to the Fund's operations.
Chartwell Investment Partners will release the update on Thursday, September 28, 2023, at 5:00 P.M. Eastern Time.
The replay will remain available until 11:59 P.M. Eastern Time on Saturday, October 28, 2023.
Chartwell had approximately $11.1 billion in assets under management as of August 31, 2023.
The filing attaches a September 26, 2023 press release (Exhibit 99.1) as the only exhibit.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.