PIMCO Corporate & Income Strategy SEC Filings

PIMCO Corporate & Income Strategy Fund is offering up to $100,000,000 of common shares through an at-the-market program with JonesTrading. The fund, a diversified closed-end fund listed on the NYSE under the symbol PCN, seeks high current income, with capital preservation and appreciation as secondary goals. As of November 28, 2025, it had 71,561,948 common shares outstanding, with a last reported share price of $12.77 and a net asset value of $11.93.

JonesTrading may receive up to 1.00% of gross proceeds as commissions, and offering expenses are estimated at 0.04% of the offering price, implying net proceeds of approximately $98,741,372 if $100,000,000 of shares are sold at $12.77. Ongoing annual fund expenses are estimated at 1.20% of net assets attributable to common shares, including a 0.81% management fee and 0.37% in interest payments on leverage obtained mainly through reverse repurchase agreements. The portfolio emphasizes corporate and other income-producing securities, including high yield bonds, emerging markets, and mortgage-related and other asset-backed securities, and employs leverage; the fund describes these combined exposures as involving substantial risks and characterizes an investment as speculative.