PIMCO Monthly Income Fund (Canada): Celebrating 10 Years of
Meeting the Income Challenge for Canadians

in-page

10 Years of Consistent Income.*
10 Years of Positive Performance.

PIMCO Monthly Income Fund (Canada) has delivered consistent income and attractive returns through 10 challenging years for income investors.

10+ Years of Navigating Up and Down Markets

By seeking to provide consistent income and attractive returns, PIMCO Monthly Income Fund (Canada) has helped millions of investors’ worldwide meet their income investing goals for over a decade.

Designed with Resiliency in Mind to Handle Market Challenges

Uniquely balances higher-yielding assets and higher-quality assets, which perform differently in varying growth environments, to help weather the challenges of changing markets.

A Focus on Income

No matter which way the markets and interest rates move, PIMCO Monthly Income Fund (Canada) can access opportunities around the world – thanks to its global, flexible approach.

*The PIMCO Monthly Income Fund (Canada) has issued a distribution for each month since inception. No guarantee is being made that a future distribution will be issued.

Fund Details and Materials


Daily NAV (CAD)
as of
Total Net Assets (CAD)
as of
Fund Inception Date
Overall Morningstar™ Rating
5-Star
Among 443 funds based on risk-adjusted returns as of 31-05-2021.

Average Annual Returns % (as of ) 1 yr 3 yr 5 yr 10 yr Since Inception

Disclosures

All data as of , unless otherwise stated. Source: PIMCO, Bloomberg. Performance is shown for the Series F Units, net of fees. Management Fee (%): 0.75%. The Annual Management Fee is used to pay for investment management services and general administration of the fund, this fee does not include taxes. Management Expense Ratio (%): 0.84%. As of . Management expense ratio is based on total expenses which includes the Management Fee (excluding commissions and other portfolio transaction costs) for the stated period and is expressed as an annualized percentage of daily average net asset value during the period.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

No offering is being made by this material. Interested investors should review a copy of the prospectus available above, on pimco.ca or from your Financial Advisor.

Investment Strategies

PIMCO Monthly Income Fund (Canada): Celebrating 10 Years of Meeting the Income Challenge

Alfred Murata, Portfolio Manager, and Stuart Graham, Head of PIMCO Canada, discuss the strong 10-year track record of Monthly Income Fund, and how the fund will navigate the challenges ahead in seeking to deliver on its objectives for the next 10 years.

Watch Now

Monthly Income Fund (Canada) Investment Management Team

Dan Ivascyn, Alfred Murata, and Joshua Anderson draw on the firm’s time-tested investment process: our rigorously developed global macro outlook, bottom-up credit analysis and research teams’ deep reservoir of specialized investment expertise.

Dan Ivascyn

Dan Ivascyn

Group Chief Investment Officer

Dan is Group Chief Investment Officer and a managing director in the Newport Beach office, and is the lead portfolio manager for the firm’s income strategies and credit hedge fund and mortgage opportunistic strategies.

Read Bio
Alfred Murata

Alfred Murata

Portfolio Manager, Mortgage Credit

Alfred is a managing director and portfolio manager in the Newport Beach office, managing income-oriented, multi-sector credit, opportunistic and securitized strategies.

Read Bio
Joshua Anderson

Joshua Anderson

Head of Global ABS Portfolio Management

Joshua is a managing director and portfolio manager on the income team in the Newport Beach office, and leads the global ABS (asset-backed securities) portfolio management team.

Read Bio
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Disclosures

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all dividends and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.


No offering is being made by this material. Interested investors should review a copy of the prospectus available above, on pimco.ca or from your Financial Advisor.


Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and low interest rate environments increase this risk. Reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage- and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and while generally supported by a government, government-agency or private guarantor, there is no assurance that the guarantor will meet its obligations. High-yield, lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Commodities contain heightened risk, including market, political, regulatory and natural conditions, and may not be suitable for all investors. Equities may decline in value due to both real and perceived general market, economic and industry conditions. Investing in distressed companies (both debt and equity) is speculative and may be subject to greater levels of credit, issuer and liquidity risks, and the repayment of default obligations contains significant uncertainties; such companies may be engaged in restructurings or bankruptcy proceedings. Convertible securities may be called before intended, which may have an adverse effect on investment objectives. Entering into short sales includes the potential for loss of more money than the actual cost of the investment, and the risk that the third party to the short sale may fail to honor its contract terms, causing a loss to the portfolio. Currency rates may fluctuate significantly over short periods of time and may reduce the returns of a portfolio. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. The Fund is non-diversified, which means that it may concentrate its assets in a smaller number of issuers than a diversified fund.


Although the Fund may seek to maintain stable distributions, the Fund’s distribution rates may be affected by numerous factors, including but not limited to changes in realized and projected market returns, fluctuations in market interest rates, Fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in the Fund’s distribution rate or that the rate will be sustainable in the future.
For instance, during periods of low or declining interest rates, the Fund’s distributable income and dividend levels may decline for many reasons. For example, the Fund may have to deploy uninvested assets (whether from purchases of Fund shares, proceeds from matured, traded or called debt obligations or other sources) in new, lower yielding instruments. Additionally, payments from certain instruments that may be held by the Fund (such as variable and floating rate securities) may be negatively impacted by declining interest rates, which may also lead to a decline in the Fund’s distributable income and dividend levels.


There is no assurance that any fund, including any fund that has experienced high or unusual performance for one or more periods, will experience similar levels of performance in the future. High performance is defined as a significant increase in either 1) a fund’s total return in excess of that of the fund’s benchmark between reporting periods or 2) a fund’s total return in excess of the fund’s historical returns between reporting periods. Unusual performance is defined as a significant change in a fund’s performance as compared to one or more previous reporting periods.


Funds typically offer different series, which are subject to different fees and expenses (which may affect performance), having different minimum investment requirements and are entitled to different services.


© 2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.


Bloomberg Barclays U.S. Aggregate Index (CAD Hedged) represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. It is not possible to invest directly in an unmanaged index.


The products and services provided by PIMCO Canada Corp. may only be available in certain provinces or territories of Canada and only through dealers authorized for that purpose.


PIMCO Canada has retained PIMCO LLC as sub-adviser. PIMCO Canada will remain responsible for any loss that arises out of the failure of its sub-adviser.


PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. ©2021, PIMCO


PIMCO Canada Corp. 199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2, 416-368-3350


CMR2021-0108-1471502

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