Key information

🔎 Fund Overview

PIMCO Income Strategy Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek high current income, consistent with the preservation of capital. The Fund invests in a diversified portfolio of floating and/or fixed-rate debt instruments. The fund has the flexibility to allocate assets in varying proportions among floating- and fixed-rate debt instruments, as well as among investment grade and non-investment-grade securities. The fund will not invest more than 20% of its total assets in securities that are, at the time of purchase, rated CCC/Caa or below by each ratings agency rating the security, or that are unrated but judged by PIMCO to be of comparable quality. The Fund’s duration will normally be in a low to intermediate range (0-8 years), although it may be longer at any time. Pacific Investment Management Company LLC (the Manager) serves as the Fund’s investment manager.