PIMCO Funds Call for Shareholder Action in Key Trustee Election

Shareholders to decide on leadership as Board recommends a unified vote in favor of proposals.

November 27, 2024

PIMCO Urges Shareholders to Engage in Crucial Vote

PIMCO Funds has initiated an outreach campaign to engage shareholders ahead of a pivotal vote scheduled for December 6, 2024. The special meeting will determine the election of ten trustees to its Board of Trustees, a governing body central to overseeing the management of PIMCO Funds and ensuring the alignment of its operations with shareholder interests.

The company has emphasized the importance of shareholder participation, urging them to support the Board’s recommendations to vote in favor of the proposed trustee slate. The outreach, outlined in a detailed proxy statement, includes direct communications via recorded lines, providing shareholders with opportunities to vote or clarify any questions regarding the process.

Key Decision-Making Moment

The vote represents a key moment for PIMCO Funds, as the Board of Trustees plays a critical role in maintaining operational transparency, regulatory compliance, and strategic oversight. The proposed slate of trustees is positioned to strengthen the fund's leadership amid a rapidly evolving investment landscape.

Enhanced Support for Shareholders

For shareholders unable to engage immediately, the firm has provided extended hours and multiple contact options to ensure all votes are accounted for before the meeting. Clear instructions on confirming voting decisions, verifying shareholder details, and retaining official records have also been outlined to facilitate a seamless process.

PIMCO Funds is reinforcing its commitment to shareholder value by fostering inclusive participation in this decision-making milestone. The results of the election will set the course for the fund's governance in the years ahead.