Fund Description

The fund was incepted in July 1991 and is managed by PIMCO Advisers. The objective of this fund is to seek maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in a diversified portfolio of fixed income securities that are issued or guaranteed by the U.S. Government, its agencies or government-sponsored enterprises ('U.S. Government Securities'). The fund may invest up to 25% of its total assets in securities rated Aa by Moody's or AA by S&P. Dividends are declared daily and paid monthly. The fund distributes capital gains annually