Form 3 for PDO Shows Director Mark D. Michel Holds No Securities

Rhea-AI Filing Summary

Form 3 filing for PIMCO Dynamic Income Opportunities Fund (PDO) reports that Mark D. Michel, listed with an address at PIMCO in Newport Beach, CA, does not beneficially own any securities of the issuer as of the reporting event date of 09/18/2025. The form is an initial statement of beneficial ownership and is signed by an attorney-in-fact on behalf of the reporting person on 09/25/2025.

Insights

Corporate Governance Expert

TL;DR: Initial Form 3 shows the director reporting no beneficial ownership in the issuer.

The filing is an initial Section 16 Form 3 for Mark D. Michel in his capacity as a director of PIMCO Dynamic Income Opportunities Fund (PDO). It explicitly states "No Securities are beneficially owned," which documents that the reporting person holds no direct or indirect equity stake in the issuer at the time of the event. For governance oversight, this establishes the filer has no disclosed economic exposure to the fund through registered securities, removing potential related-party ownership concerns disclosed on Section 16 filings.

Securities Compliance Analyst

TL;DR: Filing is routine and informational, with no reportable holdings.

This Form 3 serves as the mandated initial disclosure under Section 16(a). It records the reporting persons relationship to the issuer (director) and affirms absence of beneficial ownership. The signature by an attorney-in-fact on 09/25/2025 is present. From a compliance viewpoint, the form fulfills the basic disclosure requirement but contains no transaction or position data that would trigger further reporting obligations in Tables I or II.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Michel Mark D.

(Last) (First) (Middle)

C/O PIMCO

650 NEWPORT CENTER DRIVE

(Street)

NEWPORT BEACH CA 92660

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/18/2025

3. Issuer Name and Ticker or Trading Symbol
PIMCO Dynamic Income Opportunities Fund [ PDO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney No Securities are beneficially owned.

No securities are beneficially owned.

	/s/ Ryan Leshaw, Attorney-in-Fact for Mark D. Michel	09/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Mark D. Michel disclose on the Form 3 for PDO?

The Form 3 states No Securities are beneficially owned by Mark D. Michel in PIMCO Dynamic Income Opportunities Fund as of 09/18/2025.

What is the reporting person's relationship to PDO on this Form 3?

The filing identifies the reporting person as a Director of PIMCO Dynamic Income Opportunities Fund.

When is the event date and when was the Form 3 signed?

The event date reported is 09/18/2025 and the form is signed by an attorney-in-fact on 09/25/2025.

Does this Form 3 report any derivative or non-derivative holdings?

No. The filing contains no entries in Table I or Table II and explicitly states No Securities are beneficially owned.

Where is the reporting persons listed address?

The address provided is c/o PIMCO, 650 Newport Center Drive, Newport Beach, CA 92660.