other material
confidence high
sentiment neutral
materiality 0.65
PIMCO Income Strategy Fund expands strategy to invest in and originate loans
PIMCO INCOME STRATEGY FUND
- Effective June 24, 2026, the Fund may invest in/originate residential/commercial real estate, consumer, and other loans.
- No borrower credit criteria restrictions; loans may be subprime or become subprime in quality.
- Risk sections replaced with detailed loan origination and foreign loan origination risks.
- Fund may be forced to hold originated loans if unable to sell, incurring origination expenses.
- Strategy change disclosed via prospectus supplement dated June 24, 2026.