other material
confidence high
sentiment neutral
materiality 0.50
PCN removes 15% illiquid investment limit effective Oct 27, 2023
PIMCO CORPORATE & INCOME STRATEGY FUND
- Investment guideline limiting illiquid investments to 15% of total assets removed effective Oct 27, 2023.
- Fund may now invest without limit in illiquid securities; liquidity risk section updated.
- Mortgage dollar roll transactions may be deemed 'illiquid' under revised policy.
- Supplement filed to Prospectus and SAI dated Dec 1, 2020, as amended.