---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-281031"
form_type: "8-K"
ticker: "PFL"
cik: "0001244183"
company_name: "PIMCO INCOME STRATEGY FUND"
filed_at: "2026-06-24T20:04:16+00:00"
generated_at: "2026-06-24T20:05:10.758906+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PIMCO Income Strategy Fund expands strategy to invest in and originate loans

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-281031
- form_type: 8-K
- ticker: PFL
- cik: 0001244183
- company_name: PIMCO INCOME STRATEGY FUND
- filed_at: 2026-06-24T20:04:16+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1244183/000119312526281031/0001193125-26-281031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1244183/000119312526281031/d43833d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-281031
- JSON: https://secwatch.observer/filing/0001193125-26-281031.json
- Plain text: https://secwatch.observer/filing/0001193125-26-281031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.