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PIMCO Investments is the distributor of PIMCO investment products, the Fund may buy a put option on a futures contract to hedge its portfolio against the risk of falling prices or rising interest rates.

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This Prospectus is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted. Primary Offering, or for other temporary or emergency purposes.

 

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