PIMCO INCOME STRATEGY FUND

PIMCO Income Strategy Fund is a closed-ended fixed income mutual fund. It was launched and is managed by Allianz Global Investors Fund Management LLC, with co-management provided by Pacific Investment Management Company LLC. The fund invests in fixed income markets globally. Its portfolio is diversified and primarily consists of floating rate debt instruments. The average duration of these investments is approximately three years. The fund utilizes fundamental analysis combined with a top-down approach to construct its investment portfolio. PIMCO Income Strategy Fund was established on June 19, 2003, and is domiciled in the United States. It was previously known as PIMCO Floating Rate Income Fund.