PIMCO Strategic Income Fund expands investment limits for mortgage and below-investment-grade debt
Effective July 24, 2026, PIMCO Strategic Income Fund may invest without limitation in commercial mortgage-related securities and may put up to 50% of total assets into debt rated below investment grade or unrated but deemed comparable by PIMCO. The change alters the fund's permitted investment scope, and shareholders will see it reflected in the annual shareholder report on Form N-CSR for the period ended June 30, 2026.
Key points
- Effective date of the investment guideline change is July 24, 2026.
- Commercial mortgage-related securities may be held without limitation.
- Up to 50% of total assets may be invested in debt rated below Baa3 by Moody's or below BBB- by S&P or Fitch, or unrated but comparable in PIMCO's view.
- Disclosure change will first appear in the N-CSR for the 12-month period ended June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 24, 2026.
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