F.A.Q. (Frequently Asked Questions)

1. Why did I receive this payment?

You are receiving this payment because our records indicate that you were formerly a shareholder of a now closed PIMCO Fund. This is your portion of the final proceeds from the liquidation of the Fund(s). The distribution is being made to former shareholders of the fund(s) which received class action proceeds from regulatory and/or other settlement matters from securities formerly held in the fund(s).

2. What is this distribution about?

The impacted funds were liquidated between November 2008 and July 2019. The funds have since received money from various class action proceeds from regulatory and/or other settlement matters from securities formerly held in the
fund(s). PIMCO Funds opted to distribute these proceeds to the shareholders of record in those funds at the time of liquidation.

3. Who is included in this distribution? Or how do I know if I am part of the distribution?

You are part of this distribution because our records indicate that you were a shareholder of one or more of the affected funds at the time they were liquidated. Eligible shareholders received a one-time distribution based on the amount and timing of their investments.

4. What is my distribution amount based on? Why did I receive this amount?

You are being provided with your pro-rata share of the distribution dollars based on your share balance as of the date the funds liquidated.

5. What happens if I do not cash the distribution check?

Once the distribution is closed, the funds are no longer available and check cannot be cashed. The proceeds of distribution checks that are not cashed by the closure date will be considered void.

6. What are the tax ramifications of this distribution? Will I receive a Form 1099 to use when filing my taxes for 2022?

If you received a distribution, and are not a corporation or invested in a retirement account, you may receive an IRS form 1099-MISC, and this will be reported as income to the IRS for tax year 2022 if you cash the check.

You should consult with your financial advisor or tax professional to determine the appropriate tax treatment for your situation.

7. How long do I have to cash the check?

The original check must be negotiated within 90 days of the check date. Replacement or re-issued checks must be negotiated within 30 days of the check date. It is important that you cash your check(s) as soon as possible to insure that you receive all money that was allocated to you from the distribution. Checks WILL NOT be honored after the stale date.

8. What if the check cashing period has ended?

Once the time for cashing checks has passed, the remaining checks will be considered void. DO NOT try to negotiate your check(s) after this point as the payment will no longer be valid and your banking institution may charge you a fee for presenting a stale dated or bounced check.

9. What if I don't receive a check but believe I should? What should I do if I disagree with the amount of the distribution check I received?

Payments are based on share balance records from the transfer agent�s record keeping system for PIMCO Funds. If you believe you should receive a check and didn�t, or if you do not agree with the amount you received, please send a letter along with any supporting documentation to:

Disputes relating to the payments will be considered and resolved in consultation with PIMCO Funds.

10. My check(s) has been lost/destroyed. What should I do?

If you are unable to cash your check or have lost it, you can request to reissue a check by calling us or by sending a signed letter. Contact Us

Upon receipt, we will reissue a replacement check exactly as it was originally issued. Please allow 10-14 days from the date we receive your original request to receive the replacement check. Note you will have 30 days to negotiate the check; once the time for cashing checks has passed, the remaining checks will be considered void. DO NOT try to negotiate your check(s) after this point as the payment will no longer be valid and your banking institution may charge you a fee for presenting a stale dated or bounced check.