PIMCO Strategic Income Fund

RCS

Market cap $349M

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. For the following Funds, the distributions are payable on November 3, 2025 to shareholders of record on October 14, 2025, with an ex-dividend date of October 14, 2025:       Monthly DistributionPer Share   Fund NYSE Symbol Amount Change FromPreviousMonth PercentageChange FromPreviousMonth PIMCO Corporate & Income Strategy Fund (NYSE: PCN) $0.112500 - - PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) $0.118800 - - PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP) $0.069000 - - PIMCO High Income Fund (NYSE: PHK) $0.048000 - - PIMCO Strategic Income Fund, Inc. (NYSE: RCS) $0.040000 - - PCM Fund, Inc. (NYSE: PCM) $0.064240 - - PIMCO Income Strategy Fund (NYSE: PFL) $0.081400 - - PIMCO Income Strategy Fund II (NYSE: PFN) $0.071800 - - PIMCO Dynamic Income Fund (NYSE: PDI) $0.220500 - - PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) $0.127900 - - PIMCO California Municipal Income Fund (NYSE: PCQ) $0.036000 - - PIMCO Municipal Income Fund II (NYSE: PML) $0.039500 - - PIMCO New York Municipal Income Fund II (NYSE: PNI) $0.029500 - - PIMCO Access Income Fund (NYSE: PAXS) $0.149400 - - PIMCO Dynamic Income Strategy Fund (NYSE: PDX) $0.133400 - -           Fund Distribution Information as of August 31, 2025: Fund NYSE Symbol CurrentAmount Annualizedcurrentdistributionrateexpressed asa percentageof NAV as of8/31/2025 Annualizedcurrentdistribution rateexpressed as apercentage ofMarket Price asof 8/31/2025 PIMCO Corporate & Income Strategy Fund (NYSE: PCN) $0.112500 11.33% 10.33% PIMCO Corporate & Income Opportunity Fund (NYSE: PTY) $0.118800 12.01% 10.07% PIMCO Global StocksPLUS® & Income Fund (NYSE: PGP) $0.069000 9.87% 9.74% PIMCO High Income Fund (NYSE: PHK) $0.048000 12.36% 11.61% PIMCO Strategic Income Fund, Inc. (NYSE: RCS) $0.040000 10.37% 6.64% PCM Fund, Inc. (NYSE: PCM) $0.064240 12.98% 12.14% PIMCO Income Strategy Fund (NYSE: PFL) $0.081400 12.16% 11.49% PIMCO Income Strategy Fund II (NYSE: PFN) $0.071800 12.00% 11.34% PIMCO Dynamic Income Fund (NYSE: PDI) $0.220500 15.56% 13.47% PIMCO Dynamic Income Opportunities Fund (NYSE: PDO) $0.127900 11.58% 11.07% PIMCO California Municipal Income Fund (NYSE: PCQ) $0.036000 4.69% 5.22% PIMCO Municipal Income Fund II (NYSE: PML) $0.039500 6.16% 6.52% PIMCO New York Municipal Income Fund II (NYSE: PNI) $0.029500 4.81% 5.36% PIMCO Access Income Fund (NYSE: PAXS) $0.149400 11.60% 11.15% PIMCO Dynamic Income Strategy Fund (NYSE: PDX) $0.133400 6.13% 6.48%           Distribution rates are not performance and are calculated by annualizing the current distribution per share announced in this press release and dividing by the NAV or Market Price, as applicable, as of the reported date.

PIMCO taxable CEFs show persistently low distribution coverage, raising the risk of future distribution cuts and potential valuation hits. Current valuations across the PIMCO suite are not attractive, with premiums and tight credit spreads limiting upside potential. Tight credit spreads and a flat yield curve mean limited additional income growth on leverage, even if short-term rates decline as expected by the market.

NEW YORK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

I'm sure you've noticed that the media has been fretting about a selloff in the last few weeks. But the S&P 500 is still up a lot on the year.

NEW YORK, Aug. 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

PIMCO taxable CEFs face declining distribution coverage due to lower leverage. Premium valuations have deflated for some funds after distribution cuts, while PIMCO national Muni CEFs now offer better relative value. PIMCO expects a steeper yield curve and views credit valuations as fairly rich - echoing our sentiment.

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below.

RCS trades at an unjustified 50%+ premium to NAV, with inconsistent earnings and declining net investment income threatening distribution sustainability. The fund's heavy use of leverage (36.4%) is risky in a high interest rate environment, amplifying both potential gains and losses. While RCS offers a high 7.2% yield and portfolio diversification, its poor distribution history and weak NAV growth undermine its appeal.

NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on July 1, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025.

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds below (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable on June 2, 2025 to shareholders of record on May 12, 2025, with an ex-dividend date of May 12, 2025.