PIMCO Dynamic Income Strategy Fund (PDX) Notes Effectiveness of Certain Previously-Announced Changes
Certain previously-announced changes to name, ticker symbol, investment objectives and guidelines and portfolio manager lineup became effective today
News provided byPIMCO Account Management
Nov 21, 2023, 7:58 PM ET
NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Previously announced changes to the name, ticker symbol, investment objectives and guidelines, and portfolio manager lineup for PIMCO Dynamic Income Strategy Fund (the “Fund) became effective today. Pacific Investment Management Company LLC (“PIMCO”), the investment manager of the Fund, expects that the changes will reduce the Fund’s focus on investments linked to the energy sector in favor of a primarily income-oriented objective and broader, multi-sector credit mandate, which PIMCO believes has the potential to strengthen secondary market demand for the Fund’s common shares.
Prior to today, the Fund was named “PIMCO Energy and Tactical Credit Opportunities Fund” and its New York Stock Exchange ticker symbol was “NRGX”.
For additional information, including a summary of the Fund’s revised investment objectives and principal investment strategies, please refer to the Form 8-K filed by the Fund on September 22, 2023, which is available on the EDGAR Database on the SEC’s Internet site at http://www.sec.gov.
For more information about the Fund, please see the Fund’s website at: https://www.pimco.com/en-us/investments/closed-end-funds/dynamic-income-strategy-fund.
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