461  0 Kommentare PIMCO Closed-End Funds Declare Special Year-End Distributions

NEW YORK, NY--(Marketwired - Dec 19, 2014) - The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a 'Fund" and, collectively, the "Funds") have declared a special year-end distribution for each Fund's common shares as summarized below. The distributions are payable on January 16, 2015 to shareholders of record on December 29, 2014, with an ex-dividend date of December 24, 2014. In addition to the regular monthly dividend, this special year-end distribution is being paid to allow the Funds to meet their 2014 distribution requirements for federal excise tax purposes. The Funds' total distribution will be taxable to shareholders in 2014.

Distributions may include ordinary income, net capital gains and/or returns of capital. Generally, a return of capital occurs when the amount distributed by a Fund includes a portion of (or is comprised entirely of) your investment in the Fund in addition to (or rather than) your pro-rata portion of the Fund's net income or capital gains. A Fund's distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance or confused with "yield" or "income." A return of capital is not taxable; rather it reduces a shareholder's tax basis in his or her shares of the Fund. If a Fund estimates that a portion of its distribution may be comprised of amounts from sources other than net investment income, such Fund will notify shareholders of the estimated composition of such distribution through a separate written notice. Such notices are provided for informational purposes only, and should not be used for tax reporting purposes. Final tax characteristics of all Fund distributions will be provided on Form 1099-DIV, which is mailed after the close of the calendar year.