Fund Description

The fund was incepted in April 1988 and is managed by PIMCO Advisors. The objective of this fund is to seek long-term growth of capital and income. The fund invests at least 65% of its assets in common stocks of companies with below-average valuations whose business fundamentals are expected to improve. Although the fund typically invests in companies with market capitalizations of $1 billion to $10 billion at the time of investment, but it invests in companies in any capitalization range. The fund offers dividends annually.