Business Description
Launched in 2003 and based in the United States, PIMCO Global Stocksplus & Income Fund is a closed-end fund jointly overseen by Allianz Global Investors Fund Management LLC and Pacific Investment Management Company LLC. The fund builds a diversified portfolio by combining stocks from various industries with bonds issued by governments, corporations, and other entities around the world, including emerging markets. To pursue its goals, it employs both long and short positions using financial instruments such as options, while focusing on investment-grade debt securities with relatively short to medium maturities.