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Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund		June 30, 2026 (Unaudited)

(AMOUNTS IN THOUSANDS*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)

		$		$
		PRINCIPAL		MARKET
		AMOUNT		VALUE
		(000s)		(000s)
INVESTMENTS IN SECURITIES 115.8% ¤
CORPORATE BONDS & NOTES 5.3%
BANKING & FINANCE 3.4%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
6.450% due 04/15/2027	$		950	$	962
Athene Global Funding
4.383% due 07/16/2026 •			8,000		8,001
4.950% due 01/07/2027			500		501
Avolon Holdings Funding Ltd.
2.528% due 11/18/2027			89		86
Banca Monte dei Paschi di Siena SpA
7.708% due 01/18/2028 •	EUR		500		607
Bank of America Corp.
4.979% due 01/24/2029 •	$		13,900		13,978
5.202% due 04/25/2029 •			200		202
5.933% due 09/15/2027 •			5,400		5,416
Bank of Montreal
4.309% due 06/01/2027	CAD		2,700		1,925
4.518% (SOFRINDX + 0.880%) due 09/10/2027 ~	$		4,000		4,004
Barclays PLC
4.837% due 09/10/2028 •			2,600		2,605
5.674% due 03/12/2028 •			400		403
Citibank NA
4.929% due 08/06/2026			11,700		11,702
Corebridge Global Funding
4.900% due 01/07/2028			1,000		1,005
Equitable Financial Life Global Funding
4.600% due 04/01/2027			15,800		15,831
Ford Motor Credit Co. LLC
4.271% due 01/09/2027			900		897
5.125% due 11/05/2026			2,000		2,003
5.800% due 03/05/2027			3,800		3,820
Goldman Sachs Bank USA
4.656% due 06/03/2029 •			10,200		10,208
Goldman Sachs Group, Inc.
5.049% due 07/23/2030 •			400		402
HPS Corporate Lending Fund
5.450% due 01/14/2028			11,900		11,858
Jackson National Life Global Funding
4.603% (SOFRRATE + 0.970%) due 01/14/2028 ~			1,300		1,299
4.900% due 01/13/2027			1,400		1,403
JPMorgan Chase & Co.
1.896% due 03/05/2028 •(h)	CAD		400		280
2.069% due 06/01/2029 •	$		200		191
3.702% due 05/06/2030 •			407		396
4.979% due 07/22/2028 •			800		804
5.299% due 07/24/2029 •			300		304
6.070% due 10/22/2027 •			1,100		1,105
Morgan Stanley
2.475% due 01/21/2028 •			148		146
5.123% due 02/01/2029 •			100		101
5.652% due 04/13/2028 •			800		807
Morgan Stanley Bank NA
4.447% due 10/15/2027 •			2,650		2,650
4.788% due 05/10/2030 •			1,850		1,852
4.952% due 01/14/2028 •			2,100		2,105
4.968% due 07/14/2028 •			300		301
5.504% due 05/26/2028 •			6,500		6,555
5.882% due 10/30/2026			3,700		3,716
Morgan Stanley Private Bank NA
4.466% due 07/06/2028 •			1,000		999
Mutual of Omaha Cos Global Funding
4.750% due 10/15/2029			2,000		1,998
NatWest Markets PLC
4.789% due 03/21/2028			1,100		1,105
PNC Bank NA
4.429% due 07/21/2028 •			16,600		16,575
RGA Global Funding
5.250% due 01/09/2030			2,100		2,128
Royal Bank of Canada
4.612% due 07/26/2027	CAD		2,700		1,936
4.965% due 01/24/2029 •	$		6,600		6,639
5.069% due 07/23/2027 •			16,000		16,008


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
Societe Generale SA
2.797% due 01/19/2028 •			1,300		1,288
Sumitomo Mitsui Trust Bank Ltd.
4.450% due 09/10/2027			2,000		2,001
Toronto-Dominion Bank
4.861% due 01/31/2028			10,800		10,852
VICI Properties LP
4.750% due 04/01/2028			350		350
Wells Fargo & Co.
3.526% due 03/24/2028 •			4,200		4,170
4.900% due 01/24/2028 •			3,700		3,709
5.707% due 04/22/2028 •			400		404

					190,593

INDUSTRIALS 0.6%
BMW U.S. Capital LLC
4.750% due 03/21/2028			1,600		1,606
Dell International LLC/EMC Corp.
4.750% due 04/01/2028			1,400		1,404
Diamondback Energy, Inc.
5.200% due 04/18/2027			400		402
Hyatt Hotels Corp.
5.050% due 03/30/2028			400		403
International Business Machines Corp.
4.650% due 02/10/2028			23,400		23,462
Mars, Inc.
4.600% due 03/01/2028			3,900		3,908
NTT Finance Corp.
4.620% due 07/16/2028			600		599
Oracle Corp.
4.800% due 08/03/2028			2,100		2,096
Rio Tinto Finance USA PLC
4.500% due 03/14/2028			1,400		1,403
Rogers Communications, Inc.
3.650% due 03/31/2027	CAD		900		637
TransCanada PipeLines Ltd.
3.800% due 04/05/2027			900		637

					36,557

UTILITIES 1.3%
DTE Energy Co.
4.950% due 07/01/2027	$		500		503
National Rural Utilities Cooperative Finance Corp.
4.189% (SOFRRATE + 0.550%) due 12/03/2027 ~			16,600		16,628
NextEra Energy Capital Holdings, Inc.
4.685% due 09/01/2027			800		802
4.850% due 02/04/2028			11,600		11,667
NYSEG Storm Funding LLC
4.713% due 05/01/2029			9,129		9,126
PacifiCorp
4.250% due 03/15/2029			1,000		988
Sempra
4.313% (SOFRINDX + 0.670%) due 01/07/2028 ~			26,000		26,123
Southern California Edison Co.
3.650% due 03/01/2028			500		492
4.400% due 09/06/2026			200		200
4.700% due 06/01/2027			1,400		1,400
4.875% due 02/01/2027			500		501
5.650% due 10/01/2028			200		204
5.850% due 11/01/2027			1,327		1,347
5.950% due 11/01/2032			400		417
Verizon Communications, Inc.
2.355% due 03/15/2032			379		331

					70,729

Total Corporate Bonds & Notes (Cost $297,231)					297,879

U.S. GOVERNMENT AGENCIES 9.2%
Federal Home Loan Mortgage Corp.
3.000% due 10/01/2026 - 11/01/2032			5,950		5,752
5.500% due 08/01/2054 - 01/01/2055			90,505		91,020
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates
3.004% due 07/25/2054 ~			8,556		8,295
Federal Home Loan Mortgage Corp. REMICS
4.087% due 07/15/2036 •			83		82
4.157% due 05/15/2032 •			514		513
4.307% due 12/15/2037 •			77		77
4.327% due 10/15/2037 •			244		244
4.528% due 11/25/2054 •			1,517		1,527
4.549% due 04/15/2049 - 12/15/2050 •			3,605		3,616
4.568% due 11/25/2054 •			27,025		27,247
4.578% due 10/25/2054 - 03/25/2055 •			14,087		14,213
4.649% due 08/15/2048 •			1,720		1,735


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
4.728% due 11/25/2054 - 07/25/2055 •			15,667		15,625
4.778% due 01/25/2055 - 08/25/2055 •			6,014		6,080
4.828% due 02/25/2055 - 08/25/2055 •			8,587		8,692
4.878% due 05/25/2054 •			3,157		3,201
5.128% due 07/25/2055 - 06/25/2056 •			45,157		45,486
Federal Home Loan Mortgage Corp. STRIPS
4.157% due 09/15/2042 •			7		7
Federal National Mortgage Association
1.630% due 05/01/2027			21,800		21,290
3.000% due 12/01/2026			22		22
3.500% due 02/01/2045 - 03/01/2048			1,016		936
6.224% due 05/01/2038 •			1,022		1,060
Federal National Mortgage Association REMICS
4.172% due 10/25/2036 •			7		7
4.192% due 08/25/2037 •			222		221
4.449% due 01/25/2051 •			1,876		1,884
4.528% due 09/25/2054 •			4,952		4,974
4.549% due 12/25/2050 •			1,505		1,504
4.578% due 11/25/2053 - 03/25/2055 •			5,462		5,505
4.678% due 01/25/2055 •			2,582		2,596
4.728% due 07/25/2055 •			2,975		3,001
4.808% due 08/25/2055 •			3,425		3,447
4.828% due 10/25/2053 - 07/25/2055 •			7,181		7,269
Government National Mortgage Association
0.000% due 10/16/2053 ~(a)			561		0
7.000% due 06/20/2055			709		729
Government National Mortgage Association REMICS
4.035% due 10/20/2043 •			1,355		1,316
4.259% due 05/20/2074 •			691		693
4.511% due 10/20/2063 •			51		51
4.661% due 09/20/2069 •			1,434		1,446
4.757% due 12/20/2069 •			3,010		3,034
4.927% due 08/20/2068 •			2,140		2,150
U.S. Small Business Administration
5.160% due 02/01/2028			5		5
5.310% due 05/01/2027			5		5
5.510% due 11/01/2027			3		3
5.870% due 07/01/2028			3		4
6.020% due 08/01/2028			2		2
6.770% due 11/01/2028			8		8
Uniform Mortgage-Backed Security, TBA
4.000% due 09/01/2056			242,700		226,659

Total U.S. Government Agencies (Cost $522,449)					523,233

U.S. TREASURY OBLIGATIONS 1.4%
U.S. Treasury Bonds
3.000% due 05/15/2045 (k)			2,010		1,529
U.S. Treasury Inflation Protected Securities (f)
0.750% due 02/15/2042			2,533		1,934
0.875% due 02/15/2047			2,295		1,614
1.000% due 02/15/2049			1,107		778
1.375% due 02/15/2044 (k)			4,371		3,571
1.375% due 02/15/2044			10,767		8,797
2.125% due 02/15/2040			1,603		1,548
2.125% due 02/15/2041			143		137
2.500% due 01/15/2029 (k)(m)			40,860		41,390
3.375% due 04/15/2032			1,364		1,469
3.875% due 04/15/2029			2,853		2,997
0.125% due 07/15/2026			5,725		5,735
0.250% due 07/15/2029 (k)			1,300		1,240
0.375% due 01/15/2027 (m)			207		204
0.500% due 01/15/2028			8,226		8,019

Total U.S. Treasury Obligations (Cost $87,484)					80,962

NON-AGENCY MORTGAGE-BACKED SECURITIES 1.1%
Ashford Hospitality Trust
4.698% due 04/15/2035 •			78		78
Atrium Hotel Portfolio Trust
4.853% due 12/15/2036 •			1,654		1,647
Avon Finance
4.646% due 12/28/2049 •	GBP		9,554		12,678
Banc of America Funding Trust
4.312% due 05/20/2036 ~	$		144		127
BBCMS Mortgage Trust
4.923% due 07/15/2037 •			4,300		4,188
Bear Stearns ALT-A Trust
4.563% due 07/25/2035 ~			371		221
Bear Stearns ARM Trust
6.470% due 01/25/2035 ~			46		47
Bear Stearns Structured Products, Inc. Trust
4.750% due 01/26/2036 ~			29		20
Chase Home Lending Mortgage Trust
4.878% due 05/25/2055 •			579		578


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
Chase Mortgage Finance Trust
5.262% due 02/25/2037 ~			46		45
6.310% due 02/25/2037 ~			18		18
ChaseFlex Trust
6.300% due 06/25/2036 ~			36		31
Chevy Chase Funding LLC Mortgage-Backed Certificates
4.043% due 01/25/2035 •			1		1
CHL Mortgage Pass-Through Trust
4.398% due 08/20/2035 ~			534		517
4.610% due 11/20/2034 ~			59		57
Citigroup Mortgage Loan Trust, Inc.
4.978% due 07/25/2054 •			94		94
6.040% due 11/25/2035 •			14		14
CLNY Trust
5.108% due 11/15/2038 •			2,271		2,249
Countrywide Alternative Loan Trust
6.000% due 03/25/2037			5,232		1,617
6.500% due 09/25/2037			1,326		492
Eurosail-U.K. PLC
4.816% due 06/13/2045 •	GBP		166		220
First Horizon Alternative Mortgage Securities Trust
4.639% due 04/25/2035 ~	$		82		81
GSR Mortgage Loan Trust
4.596% due 11/25/2035 ~			26		26
4.837% due 09/25/2035 ~			3		3
HarborView Mortgage Loan Trust
4.014% due 03/19/2037 •			426		399
4.164% due 12/19/2036 •			5,934		5,379
4.374% due 11/19/2035 •			166		106
4.434% due 06/20/2035 •			212		198
Harvest Funding PLC
4.643% due 11/15/2069 •	GBP		4,900		6,501
IndyMac INDA Mortgage Loan Trust
3.150% due 11/25/2035 ~	$		99		75
IndyMac INDX Mortgage Loan Trust
4.183% due 07/25/2036 •			514		512
JP Morgan Alternative Loan Trust
6.810% due 08/25/2036 þ			543		536
Kinbane 2 DAC
3.379% due 01/24/2063 ~	EUR		1,515		1,734
MASTR Adjustable Rate Mortgages Trust
5.370% due 11/21/2034 ~	$		45		45
Mellon Residential Funding Corp. Mortgage Pass-Through Certificates
4.480% due 09/15/2030 •			8		5
Mellon Residential Funding Corp. Mortgage Pass-Through Trust
4.220% due 06/15/2030 •			1		1
Merrill Lynch Mortgage Investors Trust
4.522% due 06/25/2035 ~			57		56
4.837% due 12/25/2034 ~			19		18
Merrion Square Residential DAC
3.378% due 03/24/2081 •	EUR		2,137		2,450
MFA Trust
5.112% due 12/25/2066 ~	$		2,253		2,213
MRCD Mortgage Trust
2.718% due 12/15/2036			7,500		6,824
New Orleans Hotel Trust
4.662% due 04/15/2032 •			1,674		1,673
Oceanview Mortgage Trust
4.428% due 11/25/2054 •			140		141
RALI Trust
4.123% due 06/25/2046 •			99		20
6.000% due 09/25/2036			360		289
Residential Asset Securitization Trust
6.500% due 09/25/2036			6,944		1,914
Structured Adjustable Rate Mortgage Loan Trust
4.685% due 11/25/2034 •			328		312
Structured Asset Mortgage Investments II Trust
4.183% due 05/25/2036 •			44		28
4.434% due 05/19/2035 •			17		17
Thornburg Mortgage Securities Trust
6.089% due 03/25/2037 •			1,124		798
Towd Point Mortgage Funding—Granite 6 PLC
4.672% due 07/20/2053 •	GBP		2,217		2,943
Trinity Square PLC
4.647% (SONIO/N + 0.900%) due 07/15/2059 ~			975		1,294
WaMu Mortgage Pass-Through Certificates Trust
4.503% due 11/25/2034 •	$		79		78
4.503% due 01/25/2045 •			94		92
4.563% due 01/25/2045 •			114		111
4.878% due 01/25/2035 ~			18		18
4.891% due 06/25/2034 ~			15		14
5.854% due 10/25/2034 ~			11		10


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
Wells Fargo Mortgage-Backed Securities Trust
5.698% due 04/25/2036 ~			76		76

Total Non-Agency Mortgage-Backed Securities (Cost $68,430)					61,929

ASSET-BACKED SECURITIES 9.7%
AUTOMOBILE ABS OTHER 0.1%
Cars Alliance Auto Loans Germany V
2.729% due 01/18/2036 •	EUR		1,216		1,389
FTA Santander Consumer Spain Auto
3.236% due 09/22/2039 •			1,509		1,729
GLS Auto Select Receivables Trust
4.500% due 11/15/2030	$		1,000		999
Nissan Auto Lease Trust
4.003% due 06/15/2027 •			150		150

					4,267

AUTOMOBILE SEQUENTIAL 3.5%
Bank of America Auto Trust
5.530% due 02/15/2028			1,073		1,077
Bridgecrest Lending Auto Securitization Trust
4.720% due 09/15/2028			346		347
CarMax Auto Owner Trust
3.950% due 03/15/2029			24,782		24,744
4.350% due 07/15/2030			10,700		10,706
4.750% due 10/15/2027			36		36
4.890% due 07/16/2029			443		445
6.000% due 07/17/2028			490		493
Carvana Auto Receivables Trust
4.190% due 03/12/2029			2,905		2,904
4.530% due 01/10/2029			893		894
4.640% due 01/10/2030			1,596		1,600
5.330% due 07/10/2029			565		568
Chase Auto Owner Trust
4.940% due 07/25/2029			7,097		7,126
Chesapeake IV Funding DAC
4.260% due 12/15/2028			1,500		1,499
Citizens Auto Receivables Trust
5.840% due 01/18/2028			623		624
Drive Auto Receivables Trust
4.500% due 09/15/2028			144		144
Enterprise Fleet Financing LLC
4.650% due 10/20/2027			540		540
4.820% due 02/20/2029			1,000		1,005
Exeter Select Automobile Receivables Trust
4.540% due 06/15/2029			1,199		1,201
FCCU Auto Receivables Trust
4.870% due 01/16/2029			395		395
FHF Issuer Trust
5.890% due 06/15/2030			148		148
First Investors Auto Owner Trust
4.250% due 07/15/2030			7,400		7,380
Flagship Credit Auto Trust
4.880% due 11/15/2028			179		179
Ford Credit Auto Owner Trust
4.650% due 02/15/2028			150		150
GLS Auto Receivables Issuer Trust
4.750% due 07/17/2028			268		268
GLS Auto Select Receivables Trust
4.430% due 12/17/2029			434		434
4.460% due 10/15/2030			737		736
5.590% due 10/15/2029			187		188
5.960% due 10/16/2028			1,996		2,005
GM Financial Consumer Automobile Receivables Trust
4.400% due 08/16/2029			1,019		1,020
4.470% due 02/16/2028			306		306
GMF Canada Leasing Trust Asset-Backed Notes
3.294% due 01/22/2029	CAD		1,800		1,280
Hyundai Auto Lease Securitization Trust
4.830% due 01/18/2028	$		12,100		12,137
Hyundai Auto Receivables Trust
4.410% due 05/15/2029			1,800		1,802
4.990% due 02/15/2029			1,089		1,093
LAD Auto Receivables Trust
4.690% due 07/16/2029			12,878		12,899
Lendbuzz Securitization Trust
5.100% due 10/15/2030			514		514
M&T Bank Auto Receivables Trust
4.730% due 06/17/2030			19,300		19,364
Santander Drive Auto Receivables Trust
4.380% due 01/15/2030			16,900		16,913
4.620% due 11/15/2028			271		271
4.630% due 10/16/2028			567		568


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

	$	$		$
4.670% due 08/15/2029			10,500		10,516
4.850% due 01/16/2029			578		579
5.630% due 01/16/2029			80		80
SCCU Auto Receivables Trust
4.570% due 01/15/2031			3,400		3,401
4.670% due 11/15/2028			773		774
4.680% due 09/15/2031			1,500		1,499
5.110% due 06/15/2029			327		328
SFS Auto Receivables Securitization Trust
4.440% due 12/20/2030			24,200		24,229
4.520% due 11/20/2028			1,754		1,756
4.750% due 07/22/2030			19,050		19,127
Toyota Auto Receivables Owner Trust
4.630% due 09/15/2027			141		141
Veros Auto Receivables Trust
5.310% due 09/15/2028			151		151
World Omni Auto Receivables Trust
5.610% due 02/15/2028			186		186
World Omni Select Auto Trust
4.980% due 02/15/2030			316		317

					199,087

CMBS OTHER 0.1%
ACRES Commercial Realty Issuer LLC
5.087% due 08/18/2044 •			1,700		1,702
Arbor Realty Commercial Real Estate Notes Ltd.
5.043% due 01/15/2037 •			98		98
AREIT Trust
5.878% due 06/17/2039 •			1,889		1,893
KREF Ltd.
5.089% due 02/17/2039 •			121		121
LoanCore Issuer Ltd.
5.040% due 11/15/2038 •			11		11
MF1 LLC
5.789% due 06/19/2037 •			1,388		1,388
MF1 Ltd.
4.989% due 02/19/2037 •			331		332

					5,545

CREDIT CARD BULLET 0.4%
Synchrony Card Funding LLC
4.930% due 07/15/2030			22,900		23,048

CREDIT CARD OTHER 0.2%
Golden Credit Card Trust
1.140% due 08/15/2028			4,500		4,484
1.970% due 01/15/2029			7,000		6,914

					11,398

HOME EQUITY OTHER 0.4%
ACE Securities Corp. Home Equity Loan Trust
4.663% due 12/25/2034 •			271		249
Asset-Backed Securities Corp. Home Equity Loan Trust
4.223% due 11/25/2036 •			2,057		2,019
Bear Stearns Asset-Backed Securities I Trust
4.423% due 02/25/2036 •			3,706		3,675
Countrywide Asset-Backed Certificates Trust
4.543% due 11/25/2034 •			150		147
4.798% due 12/25/2035 •			1,983		1,954
5.488% due 11/25/2034 •			2,519		2,304
Fremont Home Loan Trust
4.043% due 01/25/2037 •			1,308		671
4.243% due 10/25/2036 •			4,935		1,927
GSAMP Trust
4.163% due 11/25/2036 •			619		282
Home Equity Mortgage Loan Asset-Backed Trust
4.702% due 11/25/2034 •			105		105
Morgan Stanley ABS Capital I, Inc. Trust
4.798% due 07/25/2035 •			2,445		2,395
Option One Mortgage Loan Trust
4.043% due 01/25/2037 •			1,391		909
4.043% due 03/25/2037 •			1,083		717
RCKT Mortgage Trust
5.158% due 10/25/2044 þ			530		529
5.582% due 12/25/2044 þ			706		708
Saxon Asset Securities Trust
4.073% due 09/25/2037 •			269		262


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
Soundview Home Loan Trust
4.713% due 10/25/2037 •			628		494

					19,347

WHOLE LOAN COLLATERAL 0.0%
Bear Stearns Asset-Backed Securities Trust
4.763% due 09/25/2046 •			186		168
Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates
4.523% due 12/25/2035 •			2,023		2,012

					2,180

OTHER ABS 5.0% 37 Capital CLO 1 Ltd.
4.953% due 10/15/2034 •			3,500		3,504
ACHV ABS Trust
5.010% due 12/26/2031			283		284
5.070% due 10/27/2031			61		61
5.900% due 04/25/2031			16		16
Affirm Master Trust
4.670% due 07/15/2033			1,200		1,203
AlbaCore Euro CLO IV DAC
3.194% due 07/15/2035 •	EUR		980		1,122
AMMC CLO 27 Ltd.
4.755% due 01/20/2037 •	$		1,100		1,100
Apidos CLO XI
4.920% due 04/17/2034 •			3,000		3,004
Aqueduct European CLO DAC
0.000% due 07/15/2039 «•(b)	EUR		2,000		2,285
Arbour CLO VI DAC
3.433% due 11/15/2037 •			2,000		2,288
Arbour CLO XIII DAC
3.453% due 08/15/2038 •			2,000		2,285
ARES European CLO XIV DAC
3.234% due 10/21/2034 •			413		472
ARES European CLO XIX DAC
3.586% due 07/15/2037 «•			2,000		2,285
Ascent Education Funding Trust
6.140% due 10/25/2050	$		286		290
Atlas Senior Loan Fund XVI Ltd.
4.775% due 01/20/2034 •			1,697		1,698
Atlas Senior Loan Fund XVII Ltd.
4.735% due 10/20/2034 •			3,000		3,000
Bain Capital Credit CLO Ltd.
4.762% due 10/21/2034 •			4,000		4,005
4.840% due 07/17/2035 •			1,650		1,652
Bain Capital Euro CLO DAC
3.260% due 07/17/2034 •	EUR		3,900		4,459
Barings Euro CLO DAC
3.426% due 08/15/2039 •			2,000		2,287
BHG Securitization Trust
4.820% due 04/17/2036	$		496		494
4.840% due 09/17/2036			715		711
5.260% due 04/17/2036			720		721
BlackRock European CLO XI DAC
3.220% due 07/17/2034 •	EUR		10,686		12,230
BlueMountain CLO Ltd.
4.857% due 10/25/2030 •	$		146		146
BlueMountain CLO XXII Ltd.
5.015% due 07/15/2031 •			61		61
BlueMountain CLO XXXIV Ltd.
4.825% due 04/20/2035 •			1,500		1,501
BNPP AM Euro CLO DAC
3.014% due 07/22/2032 •	EUR		5,695		6,506
Bosphorus CLO IX DAC
3.614% due 04/15/2038 •			2,000		2,289
Cairn CLO XI DAC
3.434% due 01/15/2040 •			2,000		2,287
College Avenue Student Loans LLC
5.528% due 05/25/2055 •	$		879		894
Contego CLO III BV
3.454% due 04/15/2038 •	EUR		1,000		1,144
CVC Cordatus Loan Fund XII DAC
3.285% due 01/23/2039 •			2,000		2,289
DLLAA LLC
4.700% due 10/20/2027	$		2,440		2,444
Dryden 86 CLO Ltd.
4.810% due 07/17/2034 •			1,500		1,502
Fortress Credit BSL VII Ltd.
4.756% due 07/23/2032 •			206		206
Fortress Credit BSL X Ltd.
4.775% due 04/20/2033 •			783		784
Galaxy XXII CLO Ltd.
4.700% due 04/16/2034 •			1,500		1,501


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
Golub Capital Partners CLO 50B-R Ltd.
4.785% due 04/20/2035 •			1,200		1,201
GreenSky Home Improvement Issuer Trust
4.890% due 06/25/2060			805		802
5.020% due 06/25/2060			1,500		1,507
5.150% due 10/27/2059			993		1,000
5.880% due 06/25/2059			1		1
Greywolf CLO IV Ltd.
4.920% due 04/17/2034 •			1,600		1,602
Grosvenor Place CLO DAC
3.383% due 08/15/2039 •	EUR		2,000		2,288
3.444% due 01/15/2039 •			2,000		2,288
Harvest CLO XXII DAC
3.054% due 01/15/2032 •			2,913		3,330
Harvest CLO XXXII DAC
0.000% due 07/25/2037 «•(b)			2,000		2,285
Hayfin Emerald CLO II DAC
3.054% due 05/27/2034 •			25,126		28,733
ICG Euro CLO DAC
3.254% due 10/15/2034 •			7,997		9,145
3.455% (EUR003M + 1.290%) due 01/26/2038 ~			2,000		2,287
ICG U.S. CLO Ltd.
4.825% due 10/20/2034 •	$		4,000		4,005
Indigo Credit Management I DAC
3.464% due 10/15/2037 •	EUR		2,000		2,288
Invesco Euro CLO XI DAC
3.454% due 10/22/2036 •			2,000		2,288
Invesco Euro CLO XII DAC
3.277% due 07/15/2037 •			2,000		2,288
Jamestown CLO XVIII Ltd.
4.937% due 07/25/2035 •	$		3,500		3,504
KKR CLO 27 Ltd.
4.783% due 01/15/2035 •			1,000		1,001
KKR CLO 33 Ltd.
4.755% due 07/20/2034 •			850		850
LCM 30 Ltd.
5.017% due 04/20/2031 •			39		39
LCM 31 Ltd.
4.955% due 07/20/2034 •			2,000		2,002
LCM 36 Ltd.
4.743% due 01/15/2034 •			3,000		3,001
LCM 39 Ltd.
4.713% due 10/15/2034 •			2,000		2,001
M&T Equipment Notes
4.990% due 08/18/2031			153		153
Madison Park Euro Funding XIV DAC
3.004% due 07/15/2032 •	EUR		1,479		1,692
Madison Park Funding XLVI Ltd.
4.673% due 10/15/2034 •	$		4,350		4,350
Marble Point CLO XVI Ltd.
4.667% due 11/16/2034 •			2,300		2,302
Marble Point CLO XXIV Ltd.
4.765% due 04/20/2035 •			2,100		2,101
Massachusetts Educational Financing Authority
4.880% due 04/25/2038 •			119		119
Navesink CLO 2 Ltd.
4.863% due 01/15/2036 •			1,450		1,451
Navient Private Education Loan Trust
5.190% due 07/16/2040 •			534		536
Navient Private Education Refi Loan Trust
0.940% due 07/15/2069			4,509		4,099
1.170% due 09/16/2069			171		161
5.340% due 11/15/2068 •			635		641
Navient Student Loan Trust
4.720% due 12/15/2059 •			2,239		2,237
Neuberger Berman Loan Advisers Euro CLO 6 DAC
3.414% due 07/15/2039 •	EUR		2,000		2,288
Northwoods Capital XII-B Ltd.
4.854% due 06/15/2031 •	$		335		335
Ocean Trails CLO X
4.973% due 10/15/2034 •			3,000		3,004
OCP Euro CLO DAC
3.527% due 04/15/2037 «•	EUR		2,000		2,285
OFSI BSL X Ltd.
4.945% due 04/20/2034 •	$		4,000		4,002
OneMain Financial Issuance Trust
4.353% due 06/16/2036 •			1,143		1,144
Pagaya AI Debt Grantor Trust
5.065% due 03/15/2032			75		75
5.092% due 07/15/2032			121		121
5.156% due 07/15/2032			673		674
5.183% due 06/15/2032			102		102
5.331% due 01/15/2032			66		67
6.278% due 10/15/2031			73		73
Pagaya AI Debt Grantor Trust & Pagaya AI Debt Trust
6.093% due 11/15/2031			89		89


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

		$		$
Pagaya AI Debt Selection Trust
6.117% due 12/15/2031			86		86
Palmer Square European Loan Funding DAC
3.054% due 10/15/2034 •	EUR		2,296		2,624
3.134% due 07/15/2035 •			1,388		1,587
3.150% due 10/15/2035 •			2,100		2,402
3.273% due 05/15/2034 •			912		1,044
Palmer Square Loan Funding Ltd.
4.470% due 08/08/2032 •	$		1,857		1,858
4.493% due 10/15/2032 •			1,800		1,799
4.493% due 01/15/2033 •			2,666		2,664
PEAC Solutions Receivables LLC
4.940% due 10/20/2028			649		651
Penta CLO 9 DAC
3.015% due 07/25/2036 •	EUR		1,000		1,144
PK ALIFT Loan Funding 4 LP
5.052% due 10/15/2039	$		623		623
Post CLO Ltd.
4.753% due 10/15/2034 •			3,200		3,204
4.775% due 04/20/2035 •			1,400		1,401
Post Road Equipment Finance LLC
4.900% due 05/15/2031			691		693
PPM CLO 3 Ltd.
4.800% due 07/17/2034 •			1,350		1,351
Providus CLO II DAC
3.364% due 10/15/2038 •	EUR		1,000		1,144
Providus CLO V DAC
3.513% due 11/15/2039 •			6,000		6,864
Providus CLO VII DAC
3.374% due 07/15/2038 •			1,500		1,714
Reach ABS Trust
4.930% due 08/18/2032	$		229		229
4.960% due 08/16/2032			225		225
5.880% due 07/15/2031			8		8
Riserva CLO Ltd.
4.725% due 01/18/2034 •			1,419		1,419
Rockford Tower CLO Ltd.
4.875% due 07/20/2035 •			700		701
Romark CLO—IV Ltd.
4.819% due 07/10/2034 •			1,500		1,502
Romark CLO V Ltd.
4.863% due 01/15/2035 •			2,300		2,300
Shackleton CLO Ltd.
4.875% due 07/20/2034 •			850		851
SLM Private Education Loan Trust
8.490% due 10/15/2041 •			1,009		1,048
SMB Private Education Loan Trust
4.470% due 01/15/2053 •			1,151		1,141
4.540% due 02/15/2036 •			421		421
4.540% due 01/15/2053 •			8,478		8,427
4.613% due 09/15/2054 •			123		122
5.090% due 10/16/2056			731		731
SoFi Consumer Loan Program Trust
4.820% due 06/25/2034			883		885
Sounds Point CLO IV-R Ltd.
5.087% due 04/18/2031 •			261		261
St. Paul’s CLO XII DAC
3.124% due 04/15/2033 •	EUR		7,159		8,188
Symphony CLO 52 Ltd.
4.815% due 01/20/2036 •	$		2,050		2,051
Symphony CLO XXII Ltd.
4.855% due 04/18/2033 •			1,850		1,851
Thayer Park CLO Ltd.
4.675% due 04/20/2034 •			1,050		1,051
THL Credit Wind River CLO Ltd.
4.873% due 04/15/2035 •			2,650		2,653
Tikehau CLO IX DAC
3.458% due 01/20/2037 •	EUR		1,000		1,145
Tikehau CLO V DAC
3.404% due 10/15/2038 •			2,000		2,289
Tikehau U.S. CLO I Ltd.
4.767% due 01/18/2035 •	$		2,700		2,701
Toro European CLO 2 DAC
3.155% due 07/25/2034 •	EUR		1,959		2,240
Toro European CLO 3 DAC
3.194% due 07/15/2034 •			1,933		2,211
Trimaran CAVU Ltd.
4.687% due 10/25/2034 •	$		2,400		2,401
Trinitas CLO XX Ltd.
4.715% due 07/20/2035 •			2,900		2,900
Unity-Peace Park CLO Ltd.
4.735% due 04/20/2035 •			3,250		3,252
Upstart Securitization Trust
5.220% due 06/20/2035			514		515
Upstart Structured Pass-Through Trust
4.250% due 06/17/2030			30		30


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


Verdelite Static CLO Ltd.
4.805% due 07/20/2032 •			936	935
Whetstone Park CLO Ltd.
4.745% due 01/20/2035 •			2,050	2,051
Wind River CLO Ltd.
4.733% due 10/15/2034 •			3,979	3,980

				284,415

Total Asset-Backed Securities (Cost $538,279)				549,287

SOVEREIGN ISSUES 2.5%
Brazil Letras do Tesouro Nacional
0.000% due 10/01/2026 (e)	BRL		396,530	74,298
0.000% due 04/01/2027 (e)			241,345	42,485
Saudi Government International Bonds
5.125% due 01/13/2028	$		21,900	22,054

Total Sovereign Issues (Cost $139,474)				138,837


		SHARES
COMMON STOCKS 5.8%
COMMUNICATION SERVICES 2.3%
Alphabet, Inc. Class A			186,900	66,793
Meta Platforms, Inc. Class A			115,000	64,778

				131,571

CONSUMER DISCRETIONARY 1.2%
Amazon.com, Inc. (c)			277,000	66,020

FINANCIALS 0.0%
Banca Monte dei Paschi di Siena SpA			46,500	578

INFORMATION TECHNOLOGY 2.3%
Microsoft Corp.			167,800	62,593
NVIDIA Corp.			334,000	66,830

				129,423

Total Common Stocks (Cost $340,278)				327,592


		PRINCIPAL AMOUNT (000s)
SHORT-TERM INSTRUMENTS 80.8%
COMMERCIAL PAPER 13.6%
Alimentation Couche-Tard, Inc.
4.010% due 07/17/2026	$		2,000	1,996
4.040% due 07/13/2026			2,400	2,397
Alliant Energy Corp.
3.830% due 07/01/2026			4,000	4,000
Amdocs Capital Solutions Ltd.
4.030% due 07/15/2026 (b)			4,200	4,193
4.030% due 07/16/2026			4,100	4,094
4.040% due 07/08/2026			3,400	3,397
American Electric Power Co., Inc.
4.010% due 07/24/2026			3,500	3,491
AMETEK, Inc.
4.020% due 07/20/2026			14,600	14,568
4.040% due 07/07/2026			7,500	7,494
4.100% due 08/10/2026			5,800	5,774
Aon Corp.
4.000% due 07/22/2026			1,700	1,696
Autoliv, Inc.
4.070% due 08/25/2026			1,200	1,192
AutoNation, Inc.
4.050% due 07/01/2026			3,800	3,800
Bacardi-Martini BV
4.430% due 08/06/2026			1,200	1,195
Banco de Credito e Inversiones SA
4.000% due 08/24/2026			7,400	7,354
4.030% due 08/20/2026			3,900	3,878
Banco Itau Chile
4.060% due 10/06/2026			6,300	6,230
Boston Scientific Corp.
4.000% due 08/04/2026			1,200	1,195


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

	$		$
Brookfield Corporate Treasury Ltd.
4.000% due 07/30/2026		1,500		1,495
4.010% due 07/29/2026		7,400		7,376
Campbell’s Co.
4.180% due 09/09/2026		1,300		1,289
CBRE Services, Inc.
4.020% due 07/27/2026		4,600		4,586
4.020% due 07/28/2026		4,200		4,187
4.030% due 07/24/2026		2,100		2,094
4.040% due 07/15/2026		5,000		4,992
4.050% due 07/17/2026		7,100		7,087
Charles Schwab & Co., Inc.
4.010% due 09/29/2026		5,300		5,248
Clorox Co.
4.100% due 07/13/2026		2,200		2,197
Constellation Energy Generation LLC
4.050% due 07/28/2026		2,700		2,690
4.100% due 07/01/2026		11,200		11,199
4.100% due 08/03/2026		20,000		19,914
4.100% due 08/06/2026		9,300		9,257
4.110% due 08/03/2026		6,500		6,472
4.110% due 08/04/2026		8,700		8,662
4.120% due 08/05/2026		9,500		9,457
CRH America Finance, Inc.
4.010% due 07/30/2026		1,400		1,395
4.030% due 08/10/2026		3,400		3,384
4.040% due 09/04/2026		1,600		1,588
eBay, Inc.
4.060% due 08/24/2026		6,500		6,460
4.060% due 08/25/2026		5,000		4,969
EIDP, Inc.
4.060% due 07/20/2026		2,000		1,996
Enbridge U.S., Inc.
4.000% due 07/17/2026		6,800		6,787
4.040% due 08/18/2026		12,200		12,133
4.040% due 09/16/2026		15,200		15,066
Entergy Corp.
4.060% due 08/12/2026		1,200		1,194
4.060% due 08/18/2026		4,000		3,978
4.060% due 09/09/2026		4,300		4,266
4.060% due 09/10/2026		4,900		4,860
4.070% due 08/20/2026		3,350		3,331
4.070% due 09/08/2026		1,800		1,786
Equifax, Inc.
4.050% due 07/30/2026		3,400		3,389
4.060% due 07/24/2026		3,200		3,192
4.140% due 07/30/2026		11,400		11,362
ERAC USA Finance LLC
4.000% due 07/10/2026		11,200		11,188
Evergy Missouri West, Inc.
4.030% due 07/01/2026		6,800		6,799
4.230% due 07/01/2026		4,400		4,400
4.230% due 07/07/2026		1,200		1,199
4.230% due 07/08/2026		2,000		1,998
4.230% due 07/09/2026		4,000		3,996
Fidelity National Information Services, Inc.
4.000% due 07/07/2026		12,400		12,391
4.000% due 07/08/2026		5,800		5,795
4.000% due 07/09/2026		15,400		15,385
4.000% due 07/10/2026		2,700		2,697
4.000% due 07/14/2026		7,100		7,089
4.020% due 07/07/2026		2,100		2,098
First Abu Dhabi Bank PJSC
4.000% due 09/21/2026		5,200		5,154
Fiserv, Inc.
4.000% due 07/27/2026 (b)		1,400		1,396
4.030% due 08/03/2026 (b)		3,200		3,188
Glencore Funding LLC
4.020% due 07/08/2026		1,300		1,299
4.020% due 08/06/2026		3,800		3,784
4.040% due 08/04/2026		8,800		8,766
4.050% due 08/10/2026		21,000		20,904
4.050% due 08/11/2026		23,300		23,191
Global Payments, Inc.
4.220% due 07/06/2026		5,700		5,696
Haleon U.K. Capital PLC
4.100% due 07/10/2026		7,700		7,691
HCA, Inc.
4.220% due 07/14/2026		7,100		7,088
4.220% due 07/16/2026		3,800		3,793
4.220% due 07/17/2026		8,100		8,084
4.270% due 08/03/2026		8,200		8,166
4.270% due 08/07/2026		4,700		4,678
4.270% due 08/12/2026		4,900		4,874
4.270% due 08/17/2026		3,300		3,281
4.270% due 08/20/2026		400		398


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

	$		$
4.300% due 08/17/2026		33,000		32,807
Humana, Inc.
3.990% due 07/06/2026		5,700		5,696
Intesa Sanpaolo Funding LLC
4.010% due 09/28/2026		4,100		4,057
4.010% due 09/29/2026		7,900		7,816
Jabil, Inc.
4.150% due 07/06/2026		14,600		14,590
4.150% due 07/31/2026		4,200		4,185
4.150% due 08/07/2026		8,400		8,362
4.150% due 08/18/2026		10,900		10,836
Jones Lang LaSalle Finance BV
4.010% due 07/07/2026		1,200		1,199
4.010% due 07/09/2026		1,800		1,798
4.080% due 07/21/2026		1,700		1,696
JTI Financial Services North America LLC
4.100% due 07/01/2026		1,500		1,500
4.100% due 08/06/2026		8,900		8,866
Keurig Dr. Pepper, Inc.
4.300% due 07/01/2026		6,800		6,799
4.350% due 07/17/2026		1,600		1,597
4.350% due 07/20/2026		8,200		8,181
4.350% due 07/30/2026 (b)		5,000		4,982
4.350% due 08/05/2026 (b)		5,100		5,078
4.400% due 07/15/2026		14,800		14,774
4.410% due 08/24/2026		1,300		1,291
Lseg U.S. Fin Corp.
4.020% due 08/17/2026		6,900		6,863
McCormick & Co., Inc.
4.000% due 07/02/2026		6,100		6,099
National Bank of Kuwait
4.070% due 09/18/2026		9,200		9,121
NextEra Energy Capital Holdings, Inc.
4.000% due 07/22/2026		14,000		13,966
O’Reilly Automotive, Inc.
4.000% due 07/20/2026		2,100		2,095
Oglethorpe Power Corp.
4.020% due 07/13/2026		7,400		7,390
4.030% due 07/10/2026		1,710		1,708
4.030% due 08/03/2026 (b)		1,300		1,295
4.070% due 07/27/2026		10,600		10,570
4.070% due 07/28/2026		4,400		4,387
ONE Gas, Inc.
4.030% due 07/14/2026		1,500		1,498
4.040% due 07/09/2026		1,900		1,898
Rogers Communications, Inc.
4.250% due 08/06/2026		5,300		5,278
4.260% due 07/30/2026		2,800		2,790
Southern Co.
4.000% due 07/22/2026		1,500		1,496
4.000% due 07/23/2026		1,400		1,396
Spire, Inc.
4.030% due 07/21/2026		4,300		4,290
Tampa Electric Co.
4.040% due 07/14/2026		3,500		3,495
4.060% due 07/08/2026		2,300		2,298
4.060% due 07/09/2026		3,700		3,696
TELUS Corp.
4.150% due 09/29/2026		5,000		4,944
4.250% due 09/15/2026		1,900		1,882
4.270% due 08/05/2026		1,800		1,792
4.280% due 07/29/2026		300		299
4.280% due 09/24/2026		5,400		5,343
4.300% due 07/06/2026		2,300		2,298
4.330% due 09/25/2026		1,200		1,187
4.380% due 08/06/2026		300		299
Thomson Reuters Corp.
4.040% due 07/07/2026		4,000		3,997
4.040% due 07/22/2026		1,400		1,397
TR Finance LLC
4.060% due 07/09/2026		7,600		7,593
Triton Container International Ltd./TAL International Container Corp.
4.300% due 07/28/2026		3,200		3,189
4.310% due 07/07/2026		500		500
4.310% due 07/09/2026		1,400		1,399
4.330% due 07/06/2026		1,700		1,699
4.370% due 08/28/2026		1,700		1,688
4.370% due 08/31/2026		3,700		3,672
4.430% due 09/21/2026		4,800		4,751
VW Credit, Inc.
4.160% due 09/18/2026		3,000		2,972
4.160% due 10/01/2026 (b)		300		297
4.180% due 10/21/2026		4,100		4,046
Weyerhaeuser Co.
4.030% due 07/06/2026		1,700		1,699


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


WRKCo, Inc.
4.040% due 07/06/2026		2,100		2,099

				770,529


	SHARES
MUTUAL FUNDS 0.2%
State Street Institutional U.S. Government Money Market Fund, Premier Class
3.690% (g)		11,536,415		11,536


	PRINCIPAL AMOUNT (000s)
REPURCHASE AGREEMENTS (i) 54.0%				3,063,532

U.S. TREASURY BILLS 13.0%
3.694% due 07/02/2026 - 09/24/2026 (d)(e)(m)		742,448		739,000

Total Short-Term Instruments (Cost $4,586,101)				4,584,597

Total Investments in Securities (Cost $6,579,726)				6,564,316


	SHARES
INVESTMENTS IN AFFILIATES 10.9%
SHORT-TERM INSTRUMENTS 10.9%
CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 10.9%
PIMCO Short Asset Portfolio		9,683,763		95,385
PIMCO Short-Term Floating NAV Portfolio III		53,667,916		522,779

Total Short-Term Instruments (Cost $618,211)				618,164

Total Investments in Affiliates (Cost $618,211)				618,164

Total Investments 126.7% (Cost $7,197,937)			$	7,182,480
Financial Derivative Instruments (j)(l) (4.6)%(Cost or Premiums, net $(10,159))				(258,456	)
Other Assets and Liabilities, net (22.1)%				(1,254,173	)

Net Assets 100.0%			$	5,669,851


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:

*	A zero balance may reflect actual amounts rounding to less than one thousand.

¤	The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security’s country of incorporation may be different from its country of economic exposure.

«	Security valued using significant unobservable inputs (Level 3).

Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.

•	Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.

þ	Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.

(a)

Security is an Interest Only (“IO”) or IO Strip.

(b)

When-issued security.

(c)

Security did not produce income within the last twelve months.

(d)

Coupon represents a weighted average yield to maturity.

(e)

Zero coupon security.

(f)

Principal amount of security is adjusted for inflation.

(g)

Coupon represents a 7-Day Yield.

(h)

RESTRICTED SECURITIES:


Issuer Description							Coupon			Maturity Date		Acquisition Date			Cost			Market Value			Market Value as Percentage of Net Assets
JPMorgan Chase & Co.								1.896	%		03/05/2028	04/07/2026			$	285		$	280			0.00	%

BORROWINGS AND OTHER FINANCING TRANSACTIONS (i) REPURCHASE AGREEMENTS:
Counterparty	Lending Rate	Settlement Date		Maturity Date			Principal Amount					Collateralized By			Collateral (Received)			Repurchase Agreements, at Value			Repurchase Agreement Proceeds to be Received⁽¹⁾
BOS	3.670%		07/01/2026		07/02/2026			$ 1,042,100				U.S. Treasury Notes 0.375% - 4.250% due 07/31/2027 - 02/15/2028			$	(1,063,209	)	$	1,042,100		$	1,042,100
BOS	3.690		06/30/2026		07/01/2026			1,015,900				U.S. Treasury Notes 3.625% - 4.125% due 08/31/2029 - 11/30/2029				(1,035,577	)		1,015,900			1,016,004
	3.700	06/30/2026		07/02/2026			400,000					U.S. Treasury Notes 1.125% due 02/15/2031			(407,642)			400,000			400,041
BUS	2.240		06/16/2026		07/07/2026	CAD		90,000				Province of Quebec 2.850% due 12/01/2053				(65,531	)		63,458			63,517
GSC	3.700		06/30/2026		07/01/2026			$ 193,800				Ginnie Mae 6.500% due 01/20/2056				(202,575	)		193,800			193,820
SAL	3.660		06/30/2026		07/01/2026			172,000				U.S. Treasury Notes 2.750% due 04/30/2027				(175,569	)		172,000			172,017
TOR	2.240		06/04/2026		07/02/2026	CAD		50,000				Province of New Brunswick 5.500% due 01/27/2034				(36,574	)		35,255			35,314
	2.250	06/30/2026		07/28/2026			200,000					Government of Newfoundland and Labrador 3.850% - 4.150% due 06/02/2033 - 12/02/2034			(28,825)			141,019			141,028
												Province of Alberta 3.050% due 12/01/2048			(14,461)
												Province of British Columbia 2.800% - 4.250% due 06/18/2048 - 12/18/2053			(21,667)
												Province of Manitoba 2.750% - 3.800% due 06/02/2029 - 06/02/2033			(54,062)
												Province of Nova Scotia 3.850% - 4.050% due 06/01/2033 - 06/01/2035			(25,233)

Total Repurchase Agreements															$	(3,130,925	)	$	3,063,532		$	3,063,841

SHORT SALES:

Description												Coupon	Maturity Date		Principal Amount			Proceeds			Payable for Short Sales
U.S. Government Agencies (2.3)%
Uniform Mortgage-Backed Security, TBA												3.500%		08/01/2056	$	14,500		$	(13,057	)	$	(13,147	)
Uniform Mortgage-Backed Security, TBA												5.500		09/01/2056		116,900			(116,316	)		(117,027	)

Total Short Sales (2.3)%																		$	(129,373	)	$	(130,174	)

⁽¹⁾	Includes accrued interest.

The average amount of borrowings outstanding during the period ended June 30, 2026 was $(59) at a weighted average interest rate of 3.710%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.

Cash of $1,273 has been pledged as collateral under the terms of master agreements as of June 30, 2026.


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

(j)

FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED

PURCHASED OPTIONS:


COMMODITY OPTIONS
Description			Strike Price		Expiration Date		# of Contracts		Notional Amount			Cost			Market Value
Put - CME Crude Oil November 2026 Futures			$	61.000		10/15/2026		170		170		$	432		$	386

FUTURE STYLED COMMODITY OPTIONS
Description			Strike Price		Expiration Date		# of Contracts		Notional Amount			Cost			Market Value
Call - CBOE California Carbon Allowances December 2026 Futures			$	45.000		12/15/2026		739	$	739		$	222		$	55
Put - CME Crude Oil November 2026 Futures				65.000		09/25/2026		243		243			552			498

												$	774		$	553

Total Purchased Options												$	1,206		$	939

WRITTEN OPTIONS:
COMMODITY OPTIONS
Description			Strike Price		Expiration Date		# of Contracts		Notional Amount			Premiums (Received)			Market Value
Put - CME Gold August 2026 Futures			$	3,700.000		07/28/2026		40	$	4		$	(116	)	$	(81	)
Put - CME Gold August 2026 Futures				3,900.000		07/28/2026		40		4			(131	)		(226	)
Call - CME Silver December 2026 Futures				65.000		11/24/2026		111		555			(5,231	)		(2,778	)
Put - CME Silver December 2026 Futures				65.000		11/24/2026		111		555			(5,198	)		(5,206	)
Call - CME Silver December 2026 Futures				85.000		11/24/2026		1		5			(93	)		(8	)
Put - CME Silver December 2026 Futures				85.000		11/24/2026		1		5			(88	)		(129	)
Call - CME Silver December 2026 Futures				100.000		11/24/2026		56		280			(930	)		(259	)
Call - CME Silver December 2026 Futures				120.000		11/24/2026		45		225			(470	)		(121	)

Total Written Options												$	(12,257	)	$	(8,808	)


FUTURES CONTRACTS:
LONG FUTURES CONTRACTS
															Variation Margin
Description	Expiration Month		# of Contracts		Notional Amount				Unrealized Appreciation/ (Depreciation)			Asset			Liability
Brent 1st Line vs. Dubai 1st Line Futures		09/2026		325		$1,021			$	(140	)	$	24		$	(2	)
Brent 1st Line vs. Dubai 1st Line Futures		10/2026		213		556				(216	)		21			0
California Carbon Allowance Vintage Futures		12/2026		5,071		167,140				5,904			0			(761	)
Carbon Emissions Futures		12/2026		196		17,952				809			304			(332	)
CBOT 5 Year U.S. Treasury Notes Futures		09/2026		345		36,931				97			0			(65	)
CBOT Corn Futures		12/2026		2,263		49,333				(619	)		679			0
CBOT Soybean Futures		11/2026		89		5,090				(195	)		21			0
CBOT Soybean Futures		01/2027		15		869				4			4			0
CBOT Soybean Meal Futures		12/2026		1,388		42,070				(2,643	)		42			0
CBOT Soybean Oil Futures		01/2027		15		586				(38	)		0			(11	)
CME Live Cattle Futures		10/2026		235		22,245				192			0			(53	)
COMEX Copper Futures		09/2026		12		1,876				(52	)		27			0
ICE Brent Crude Oil Futures		07/2026		1,667		121,608				(5,512	)		0			(1,600	)
ICE Brent Crude Oil Futures		01/2027		55		3,953				(364	)		0			(21	)
ICE Brent Crude Oil Futures		04/2027		420		29,849				(1,341	)		0			(147	)
ICE Brent Crude Oil Futures		10/2027		586		41,073				(1,114	)		0			(188	)
ICE Brent Crude Oil Futures		10/2028		307		21,349				(1,364	)		0			(64	)
ICE Gas Oil Futures		12/2026		62		4,989				(215	)		52			(1	)
ICE Natural Gas Futures		08/2026		55		2,315				(94	)		117			(5	)
ICE Rotterdam Monthly Coal Futures		10/2026		13		1,453				(168	)		28			0
ICE Rotterdam Monthly Coal Futures		11/2026		13		1,460				(161	)		33			0
ICE Rotterdam Monthly Coal Futures		12/2026		13		1,466				(155	)		33			0
ICE U.S. - Henry Ld1 Fixed Price Futures		12/2030		74		836				26			0			(4	)
ICE U.S. - Henry Ld1 Fixed Price Futures		01/2031		66		671				(3	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		02/2031		74		618				(21	)		0			(4	)
ICE U.S. - Henry Ld1 Fixed Price Futures		03/2031		71		521				(10	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		04/2031		74		538				(9	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		05/2031		71		539				(11	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		06/2031		74		598				(4	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		07/2031		74		609				(3	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		08/2031		71		581				(2	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		09/2031		74		620				(5	)		0			(2	)
ICE U.S. - Henry Ld1 Fixed Price Futures		10/2031		71		636				(4	)		0			(3	)
ICE U.S. - Henry Ld1 Fixed Price Futures		11/2031		74		771				23			0			(3	)
KCBT Hard Red Winter Wheat Futures		09/2026		1,878		58,711				(2,180	)		986			0


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


KCBT Hard Red Winter Wheat Futures		12/2026		169		5,410			(146	)		91		0
LME Lead Futures		07/2026		355		16,347			(1,312	)		0		0
LME Lead Futures		09/2026		3		140			(14	)		729		0
LME Nickel Futures		07/2026		85		8,218			(586	)		0		0
LME Nickel Futures		09/2026		100		9,754			(1,675	)		0		0
LME Primary Aluminum Futures		07/2026		49		3,769			(541	)		0		0
LME Primary Aluminum Futures		09/2026		13		1,003			(143	)		15		0
LME Zinc Futures		07/2026		160		14,306			1,090			0		0
LME Zinc Futures		09/2026		158		14,095			324			199		0
Long Gilt Futures		09/2026		1		118			3			0		(1	)
NYBOT CSC Cocoa Futures		09/2026		124		6,297			1,171			138		0
NYMEX Henry Hub Natural Gas Futures		08/2026		1,446		46,185			300			954		0
NYMEX Henry Hub Natural Gas Futures		09/2026		13		418			11			7		0
NYMEX Henry Hub Natural Gas Futures		01/2027		198		7,839			(738	)		53		0
NYMEX Light Sweet Crude Oil Futures		11/2026		473		32,330			(5,276	)		0		(369	)
NYMEX Light Sweet Crude Oil Futures		05/2027		116		7,733			(235	)		0		(56	)
NYMEX Light Sweet Crude Oil Futures		11/2027		230		15,123			(874	)		0		(94	)
NYMEX Light Sweet Crude Oil Futures		11/2029		947		60,788			(2,703	)		0		(208	)
NYMEX NY Harbor ULSD Futures		11/2026		31		3,857			(227	)		49		0
NYMEX Reformulated Gasoline Blendstock for Oxygen Blending RBOB Futures		11/2026		61		5,763			(434	)		0		(31	)
SGX Asiaclear TSI Iron Ore CFR China 62% FE Fines Index Futures		08/2026		1,122		11,106			(235	)		33		0
SGX Asiaclear TSI Iron Ore CFR China 62% FE Fines Index Futures		09/2026		375		3,708			(251	)		12		0
TTF Natural Gas Base Load Monthly Futures		09/2026		7		260			(37	)		15		0
TTF Natural Gas Base Load Monthly Futures		10/2026		7		249			(38	)		14		0
TTF Natural Gas Base Load Monthly Futures		11/2026		7		257			(40	)		15		0
TTF Natural Gas Base Load Monthly Futures		12/2026		11		401			9			23		0
TTF Natural Gas Base Load Monthly Futures		01/2027		11		356			2			20		0
TTF Natural Gas Base Load Monthly Futures		02/2027		11		378			(13	)		20		0
TTF Natural Gas Base Load Monthly Futures		03/2027		5		143			(2	)		4		0
TTF Natural Gas Base Load Monthly Futures		04/2027		5		140			(10	)		3		0
TTF Natural Gas Base Load Monthly Futures		05/2027		5		133			(12	)		2		0
Ultra 10 Year U.S. Treasury Notes Futures		09/2026		96		10,797			141			0		(38	)

								$(22,079)			$4,767		$(4,084)

SHORT FUTURES CONTRACTS
											Variation Margin
Description	Expiration Month		# of Contracts		Notional Amount			Unrealized Appreciation/ (Depreciation)			Asset		Liability
Brent 1st Line vs. Dubai 1st Line Futures		07/2026		70	$	(325	)	$	210		$	34	$	0
Brent 1st Line vs. Dubai 1st Line Futures		08/2026		493		(1,953	)		714			26		(3	)
CBOT 10 Year U.S. Treasury Notes Futures		09/2026		1,332		(146,374	)		(1,141	)		395		0
CBOT Corn Futures		09/2026		2,628		(54,761	)		6,973			0		(855	)
CBOT Corn Futures		12/2027		1,543		(36,222	)		13			0		(347	)
CBOT Soybean Meal Futures		01/2027		50		(1,523	)		(5	)		0		(4	)
CBOT Soybean Oil Futures		12/2026		116		(4,548	)		285			85		(1	)
CBOT Wheat Futures		09/2026		2,159		(63,610	)		4,299			0		(1,028	)
CBOT Wheat Futures		12/2026		47		(1,421	)		3			0		(20	)
CME Lean Hogs Futures		10/2026		567		(18,598	)		26			0		(86	)
COMEX Gold 100 Troy Ounces Futures		08/2026		17		(6,865	)		151			1		0
COMEX Gold 100 Troy Ounces Futures		12/2026		8		(3,279	)		125			0		(5	)
COMEX Silver Futures		09/2026		3		(899	)		(16	)		0		(16	)
COMEX Silver Futures		12/2026		3		(909	)		(30	)		0		(20	)
ICE Brent Crude Oil Futures		08/2026		1,289		(94,136	)		5,315			1,018		0
ICE Brent Crude Oil Futures		10/2026		294		(21,386	)		2,443			174		0
ICE Brent Crude Oil Futures		10/2029		602		(41,881	)		1,913			18		0
ICE WTI Crude Oil Futures Contract		11/2027		267		(17,555	)		864			110		0
LME Lead Futures		07/2026		355		(16,347	)		843			0		0
LME Lead Futures		09/2026		293		(13,677	)		737			0		0
LME Nickel Futures		07/2026		85		(8,218	)		1,452			0		0
LME Nickel Futures		09/2026		177		(17,264	)		405			0		0
LME Primary Aluminum Futures		07/2026		49		(3,769	)		469			0		0
LME Primary Aluminum Futures		09/2026		114		(8,796	)		146			0		0
LME Zinc Futures		07/2026		160		(14,306	)		(336	)		0		0
LME Zinc Futures		09/2026		26		(2,319	)		(3	)		0		0
NYBOT CSC C Coffee Futures		09/2026		74		(8,226	)		(938	)		0		(518	)
NYBOT CSC C Coffee Futures		12/2026		49		(5,184	)		(528	)		0		(344	)
NYBOT CSC Cocoa Futures		12/2026		37		(1,920	)		(544	)		0		(41	)
NYBOT CSC Number 11 World Sugar Futures		02/2027		788		(13,909	)		301			0		(35	)
NYBOT CTN Number 2 Cotton Futures		12/2026		4		(154	)		2			0		(1	)
NYMEX Henry Hub Natural Gas Futures		07/2026		1,680		(55,020	)		(707	)		0		(1,579	)
NYMEX Henry Hub Natural Gas Futures		12/2026		170		(7,465	)		778			0		(56	)
NYMEX Light Sweet Crude Oil Futures		08/2026		149		(10,321	)		2,135			170		0
NYMEX Light Sweet Crude Oil Futures		11/2028		1,177		(76,364	)		5,508			341		0
NYMEX Palladium Futures		09/2026		46		(5,570	)		555			50		0
NYMEX Platinum Futures		10/2026		44		(3,445	)		383			51		0
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line Futures		07/2026		5		(7	)		33			0		0
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line Futures		08/2026		46		(41	)		509			0		0


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	09/2026	46	(5	)		545			0		(5	)
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	10/2026	19	(14	)		181			0		(2	)
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	11/2026	19	(25	)		181			0		(2	)
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	12/2026	19	(30	)		182			0		(2	)
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	10/2027	7	(9	)		12			0		0
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	11/2027	7	(11	)		10			0		0
Singapore Jet Kerosene vs. Low Sulphur Gasoil 1st Line
Futures	12/2027	7	(12	)		9			0		0
TTF Natural Gas Base Load Monthly Futures	07/2026	14	(517	)		(16	)		1		(21	)
TTF Natural Gas Base Load Monthly Futures	08/2026	17	(611	)		(15	)		3		(17	)
Ultra U.S. Treasury Bond Futures	09/2026	262	(30,433	)		(1,005	)		197		0

					$	33,426		$	2,674	$	(5,008	)

Total Futures Contracts					$	11,347		$	7,441	$	(9,092	)

SWAP AGREEMENTS:

CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION⁽²⁾


																				Variation Margin⁽⁶⁾
Reference Entity	Fixed Receive Rate			Payment Frequency		Maturity Date		Implied Credit Spread at June 30, 2026⁽³⁾			Notional Amount⁽⁴⁾		Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)			Market Value⁽⁵⁾		Asset		Liability
Bank of America Corp.		1.000	%		Quarterly		12/20/2026		0.238	% $		4,200	$	55	$	(39	)	$	16	$	0	$	0

INTEREST RATE SWAPS


																		Variation Margin(6)
Pay/ Receive Floating Rate	Floating Rate Index	Fixed Rate			Payment Frequency		Maturity Date	Notional Amount		Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)			Market Value			Asset		Liability
Receive	1-Day JPY- MUTKCALM Receive Compounded-OIS 1-Day USD- SOFR		0.400	%		Annual	12/15/2045 JPY		990	$	2	$	0		$	2		$	0	$	0
Receive	Compounded-OIS		1.750			Semi- Annual	12/21/2026 $		15,700		1,199		(1,013	)		186			2		0
Pay	CPURNSA		2.243			Maturity	11/21/2026		39,000		2,165		(7,631	)		(5,466	)		89		0

										$	3,366	$	(8,644	)	$	(5,278	)	$	91	$	0

Total Swap Agreements										$	3,421	$	(8,683	)	$	(5,262	)	$	91	$	0

(k)

Securities with an aggregate market value of $47,258 and cash of $22,899 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2026.

⁽¹⁾	Future styled option.

⁽²⁾

If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index.

⁽³⁾

Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

⁽⁴⁾	The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

⁽⁵⁾

The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

⁽⁶⁾	Unsettled variation margin asset of $131 and liability of $(1,100) for closed futures is outstanding at period end.

(l)

FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER

FORWARD FOREIGN CURRENCY CONTRACTS:


								Unrealized Appreciation/ (Depreciation)
Counterparty	Settlement Month		Currency to be Delivered			Currency to be Received		Asset		Liability
AZD		07/2026	$	413	CAD		588	$	1	$	0
		07/2026		201	GBP		150		0		(2	)
		08/2026	CAD	587	$		413		0		(1	)
BOA		07/2026	JPY	4,456			28		1		0
		0/2026	BRL	15,700			2,873		0		(103	)


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


BPS	07/2026		194,127		37,180		0		(424	)
	07/2026	CAD	2,073		1,472		10		0
	07/2026	EUR	1,774		2,023		0		(4	)
	07/2026	GBP	29		39		0		0
	07/2026	JPY	15,074		95		2		0
	07/2026	$	37,483	BRL	194,127		572		(451	)
	07/2026		682	EUR	588		0		(11	)
	08/2026		1	BRL	5		0		0
	08/2026		39	GBP	29		0		0
	10/2026	BRL	121,130	$	22,271		57		(744	)
	10/2026	$	250	BRL	1,330		2		0
	04/2027	BRL	114,145	$	21,166		358		(16	)
BRC	07/2026	CAD	93,638		67,099		1,062		0
BSH	07/2026	BRL	20,700		3,999		0		(11	)
	07/2026	JPY	79,882		502		11		0
	07/2026	$	4,084	BRL	20,700		0		(74	)
	09/2026	BRL	104,025	$	20,282		427		0
	10/2026		230,000		42,455		0		(1,137	)
	04/2027		22,800		4,225		66		0
CBK	07/2026	$	2,633	CAD	3,664		0		(49	)
FAR	07/2026	GBP	31,960	$	42,978		585		0
	07/2026	JPY	1,853		12		0		0
	07/2026	$	2,112	CAD	2,941		0		(38	)
	07/2026		2,284	JPY	369,478		0		(11	)
	08/2026	JPY	368,511	$	2,284		11		0
GLM	07/2026	BRL	161,653		30,099		0		(1,215	)
	07/2026	CAD	50,086		36,093		778		0
	07/2026	$	31,456	BRL	161,653		88		(230	)
	07/2026		39,759	CAD	56,577		133		0
	08/2026	CAD	56,496	$	39,759		0		(133	)
	08/2026	$	1,870	BRL	9,751		5		0
	09/2026		2		10		0		0
	10/2026		597		3,177		5		0
	04/2027	BRL	62,200	$	11,554		216		(10	)
JPM	07/2026		106,862		20,357		39		(382	)
	07/2026	CAD	1,206		850		0		0
	07/2026	$	20,710	BRL	106,862		49		(59	)
	07/2026		21,269	GBP	15,850		0		(244	)
	10/2026	BRL	29,700	$	5,408		0		(221	)
	10/2026	$	12,391	BRL	65,166		0		(40	)
	12/2026		167	MXN	2,927		0		(2	)
	04/2027	BRL	42,200	$	7,723		45		(21	)
MBC	07/2026	EUR	4,725		5,483		84		0
	07/2026	JPY	74,434		468		11		0
	07/2026	$	9,299	CAD	12,916		0		(192	)
	07/2026		3,296	EUR	2,832		0		(60	)
NGF	07/2026	GBP	6	$	8		0		0
	08/2026	$	8	GBP	6		0		0
RYL	08/2026		1,196		904		3		0
SCX	07/2026	GBP	15,267	$	20,207		0		(44	)
	08/2026	$	20,207	GBP	15,267		44		0
SOG	07/2026	CAD	204,342	$	144,084		77		(232	)
	07/2026	EUR	108,846		126,973		2,606		0
	07/2026	GBP	697		921		0		(4	)
	07/2026	JPY	193,824		1,220		28		0
	07/2026	$	18	CAD	25		0		0
	07/2026		125,297	EUR	110,151		562		0
	08/2026	CAD	474	$	334		0		(1	)
	08/2026	EUR	110,151		125,467		0		(561	)
	08/2026	$	921	GBP	698		4		0
SSB	07/2026	CAD	63,642	$	46,147		1,273		0
	07/2026	$	365	CAD	518		0		0
	07/2026		2,023	EUR	1,774		5		0
	07/2026		42,247	GBP	31,960		147		0
	08/2026	CAD	517	$	365		0		0
	08/2026	EUR	1,774		2,025		0		(4	)
	08/2026	GBP	31,960		42,246		0		(147	)
UAG	07/2026	CAD	3,631		2,600		40		0

Total Forward Foreign Currency Contracts						$	9,407	$	(6,878	)

WRITTEN OPTIONS:

INFLATION-CAPPED OPTIONS


Counterparty	Description	Initial Index	Floating Rate	Expiration Date		Notional Amount⁽¹⁾		Premiums (Received)			Market Value
GLM	Cap - OTC CPALEMU	100.151	Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0		06/22/2035		10,900	$	(496	)	$	(228	)

Total Written Options								$	(496	)	$	(228	)


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)

SWAP AGREEMENTS:

COMMODITY FORWARD SWAPS


																Swap Agreements, at Value
Counterparty	Pay/ Receive	Underlying Reference Commodity	Fixed Price Per Unit		Payment Frequency		Maturity Date		# of Units		Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)			Asset		Liability
BPS	Receive	CBOT Soybean Meal December Futures	$	310.350		Maturity		11/20/2026		29,100	$	0	$	(208	)	$	0	$	(208	)
CIB	Receive	CSIXTR Index		0.000		Monthly		06/15/2027		205,522,854		0		(9,236	)		0		(9,236	)

											$	0	$	(9,444	)	$	0	$	(9,444	)

CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION⁽²⁾


																Swap Agreements, at Value⁽⁴⁾
Counterparty	Index/Tranches	Fixed Receive Rate			Payment Frequency		Maturity Date		Notional Amount⁽³⁾		Premiums Paid/ (Received)			Unrealized Appreciation/ (Depreciation)		Asset		Liability
DUB	CMBX.NA.AAA.8 Index		0.500	%		Monthly		10/17/2057	$	37	$	(2	)	$	2	$	0	$	0

TOTAL RETURN SWAPS ON INDEXES


																			Swap Agreements, at Value
Counterparty	Pay/ Receive⁽⁵⁾			Underlying Reference	# of Units		Financing Rate	Payment Frequency		Maturity Date		Notional Amount		Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)			Asset		Liability
BOA		Receive	⁽⁵⁾	BACVWSAV Index«		352,732	-0.555		Monthly		09/30/2026	$	59,188	$	0	$	(82	)	$	0	$	(82	)
BPS		Receive		BCOMF1NTC Index		271,752	0.12 3.930% (3-Month U.S. Treasury Bill rate plus a		Monthly		03/15/2027		34,544		0		69			69		0
		Receive		CSIXTR Index		84,294	specified spread)		Monthly		03/15/2027		809,783		0		(36,393	)		0		(36,393	)
CIB		Receive		PIMCODB Index		404,359	0		Monthly		06/15/2027		107,810		0		(4,722	)		0		(4,722	)
GST		Pay		SPGCINP Index		60,852	-0.077		Monthly		01/15/2027		16,818		0		846			846		0
		Receive		BCOMF1NTC Index		198,480	3.940% (3-Month U.S. Treasury Bill rate plus a specified spread)		Monthly		04/15/2027		71,751		0		576			576		0
		Receive		BCOMF1TC Index		44,060	3.80% (SOFR plus a specified spread)		Monthly		04/15/2027		23,219		0		(911	)		0		(911	)
		Receive		CMDSKEWLS Index		111,625	0.25		Monthly		04/15/2027		75,541		0		(4,380	)		0		(4,380	)
		Receive		CSIXTR Index		68,627	3.910% (3-Month U.S. Treasury Bill rate plus a specified spread)		Monthly		04/15/2027		659,276		0		(29,623	)		0		(29,623	)
JPM	Receive			CSIXTR Index	58,477		3.920% (3-Month U.S. Treasury Bill rate plus a specified spread)	Monthly		07/15/2026		561,767		0		(25,244)			0		(25,244)
		Receive		JMABNIC5 Index		710,270	0		Monthly		07/15/2026		169,899		0		(7,639	)		0		(7,639	)
		Pay		BCOMTR Index		2,100,289	3.580% (SOFR plus a specified spread)		Monthly		01/15/2027		690,948		0		28,468			28,468		0
		Receive		JMABFNJ2 Index		90,193	0		Monthly		01/29/2027		9,518		0		0			0		0
		Pay		BCOMIN Index		204,633	-0.12		Monthly		05/17/2027		37,104		0		2,106			2,106		0
		Pay		BCOMPR Index		74,598	-0.08		Monthly		05/17/2027		34,156		0		3,003			3,003		0
		Receive		BCOMF1TC Index		2,442,024	3.810% (SOFR plus a specified spread)		Monthly		06/15/2027		673,091		0		(26,406	)		0		(26,406	)
MAC	Receive			CSIXTR Index	8,686		3.920% (3-Month U.S. Treasury Bill rate plus a specified spread)	Monthly		08/17/2026		83,445		0		(3,750)			0		(3,750)
		Receive		PIMCODB Index		1,238,131	0		Monthly		08/17/2026		307,851		0		(14,033	)		0		(14,033	)
		Receive		PIMCODBU Index		4,500	0.22		Monthly		09/15/2026		994		0		(43	)		0		(43	)
MEI	Receive			CSIXTR Index	110,613		3.890% (3-Month U.S. Treasury Bill rate plus a specified spread)	Monthly		09/15/2026		1,062,615		0		(47,737)			0		(47,737)
RBC		Receive		CSIXTR Index		58,058	3.900% (3-Month U.S. Treasury Bill rate plus a specified spread)		Monthly		11/16/2026		557,743		0		(25,059	)		0		(25,059	)
SOG		Receive		CSIXTR Index		61,842	3.920% (3-Month U.S. Treasury Bill rate plus a specified spread)		Monthly		02/16/2027		594,094		0		(26,697	)		0		(26,697	)


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


UAG	Receive	CSIXTR Index	81,838	3.880% (3-Month U.S. Treasury Bill rate plus a specified spread)	Monthly	02/16/2027	786,183		(2,031	)		(33,284	)		0		(35,315	)

								$(2,031)			$(250,935)			$35,068		$(288,034)

TOTAL RETURN SWAPS ON SECURITIES


																	Swap Agreements, at Value
Counterparty	Pay/ Receive⁽⁵⁾		Underlying Reference	# of Shares		Financing Rate	Payment Frequency		Maturity Date		Notional Amount		Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)		Asset		Liability
BOA		Pay	Amazon.com ,Inc.		277,000	4.620% (SOFR plus a specified spread)		Maturity		07/08/2026	$	67,641	$	0	$	1,802	$	1,802	$	0
		Pay	Google,Inc.		186,900	4.620% (SOFR plus a specified spread)		Maturity		07/08/2026		68,080		0		1,470		1,470		0
		Pay	Meta Platforms, Inc.		115,000	4.620% (SOFR plus a specified spread)		Maturity		07/08/2026		67,228		0		2,629		2,629		0
		Pay	Microsoft,Inc.		167,800	4.620% (SOFR plus a specified spread)		Maturity		07/08/2026		67,692		0		5,281		5,281		0
		Pay	NVIDIA Corp.		334,000	4.620% (SOFR plus a specified spread)		Maturity		07/08/2026		69,535		0		2,892		2,892		0

													$	0	$	14,074	$	14,074	$	0

VOLATILITY SWAPS


																	Swap Agreements, at Value
Counterparty	Pay/ Receive Volatility		Reference Entity	Volatility Strike	Payment Frequency		Maturity Date		Notional Amount		Premiums Paid/ (Received)			Unrealized Appreciation/ (Depreciation)			Asset		Liability
BPS		Pay	GOLDLNPM Index⁽⁶⁾	4.368%		Maturity		10/18/2027	$	20,810	$	0		$	(238	)	$	0	$	(238	)
JPM		Pay	GOLDLNPM Index⁽⁶⁾	3.285		Maturity		09/16/2026		29,000		0			(1,179	)		0		(1,179	)
		Pay	GOLDLNPM Index⁽⁶⁾	3.349		Maturity		09/25/2026		14,580		0			(467	)		0		(467	)
MYC		Pay	GOLDLNPM Index⁽⁶⁾	4.431		Maturity		10/18/2027		12,870		0			(139	)		0		(139	)

											$	0		$	(2,023	)	$	0	$	(2,023	)

Total Swap Agreements											$	(2,033	)	$	(248,326	)	$	49,142	$	(299,501	)

(m)

Securities with an aggregate market value of $276,370 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2026.

⁽¹⁾	Notional Amount represents the number of contracts.

⁽²⁾

⁽³⁾	The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement.

⁽⁴⁾

⁽⁵⁾

Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference.

⁽⁶⁾	Variance Swap

FAIR VALUE MEASUREMENTS

The following is a summary of the fair valuations according to the inputs used as of June 30, 2026 in valuing the Fund’s assets and liabilities:


Consolidated Schedule of Investments PIMCO CommoditiesPLUS^® Strategy Fund (Cont.)		June 30, 2026 (Unaudited)


Category and Subcategory	Level 1			Level 2			Level 3			Fair Value at 06/30/2026
Investments in Securities, at Value
Corporate Bonds & Notes
Banking & Finance	$	0		$	190,593		$	0		$	190,593
Industrials		0			36,557			0			36,557
Utilities		0			70,729			0			70,729
U.S. Government Agencies		0			523,233			0			523,233
U.S. Treasury Obligations		0			80,962			0			80,962
Non-Agency Mortgage-Backed Securities		0			61,929			0			61,929
Asset-Backed Securities
Automobile ABS Other		0			4,267			0			4,267
Automobile Sequential		0			199,087			0			199,087
CMBS Other		0			5,545			0			5,545
Credit Card Bullet		0			23,048			0			23,048
Credit Card Other		0			11,398			0			11,398
Home Equity Other		0			19,347			0			19,347
Whole Loan Collateral		0			2,180			0			2,180
Other ABS		0			275,275			9,140			284,415
Sovereign Issues		0			138,837			0			138,837
Common Stocks
Communication Services		131,571			0			0			131,571
Consumer Discretionary		66,020			0			0			66,020
Financials		578			0			0			578
Information Technology		129,423			0			0			129,423
Short-Term Instruments
Commercial Paper		4,193			766,336			0			770,529
Mutual Funds		0			11,536			0			11,536
Repurchase Agreements		0			3,063,532			0			3,063,532
U.S. Treasury Bills		0			739,000			0			739,000

	$	331,785		$	6,223,391		$	9,140		$	6,564,316
Investments in Affiliates, at Value
Short-Term Instruments
Central Funds Used for Cash Management Purposes	$	618,164		$	0		$	0		$	618,164

Total Investments	$	949,949		$	6,223,391		$	9,140		$	7,182,480

Short Sales, at Value - Liabilities
U.S. Government Agencies	$	0		$	(130,174	)	$	0		$	(130,174	)

Financial Derivative Instruments - Assets
Exchange-traded or centrally cleared		7,788			683			0			8,471
Over the counter		0			58,549			0			58,549

	$	7,788		$	59,232		$	0		$	67,020
Financial Derivative Instruments - Liabilities
Exchange-traded or centrally cleared		(17,797	)		(103	)		0			(17,900	)
Over the counter		0			(306,525	)		(82	)		(306,607	)

	$	(17,797	)	$	(306,628	)	$	(82	)	$	(324,507	)

Total Financial Derivative Instruments	$	(10,009	)	$	(247,396	)	$	(82	)	$	(257,487	)

Totals	$	939,940		$	5,845,821		$	9,058		$	6,794,819

There were no significant transfers into or out of Level 3 during the period ended June 30, 2026.

Notes to Financial Statements

1. BASIS FOR CONSOLIDATION

PIMCO Cayman Commodity Fund I, II, III, VII and VIII, Ltd., and PIMCO Capital Securities Fund (Cayman) Ltd., the Cayman Islands exempted companies, and MLM 766 LLC and MLM 700 LLC, the Delaware limited liability companies, (each a “Subsidiary”) were incorporated as wholly owned subsidiaries acting as investment vehicles for the respective Funds listed below (“Consolidated Funds”) in order to effect certain investments for the Consolidated Funds consistent with each Consolidated Fund’s investment objectives and policies as specified in their respective prospectus and statement of additional information (with respect to the PIMCO CommodityRealReturn Strategy Fund^®, PIMCO Global Core Asset Allocation Fund, PIMCO CommoditiesPLUS^® Strategy Fund, PIMCO Inflation Response Multi-Asset Fund, PIMCO TRENDS Managed Futures Strategy Fund and PIMCO Preferred and Capital Securities Fund) or Offering Memorandum and Offering Memorandum Supplement (with respect to the PIMCO Income Fund and PIMCO Total Return Fund). Each Consolidated Fund’s investment portfolio has been consolidated and includes the portfolio holdings of the Consolidated Fund and its respective Subsidiary. The consolidated financial statements include the accounts of each Consolidated Fund and its respective Subsidiary, if any. All inter-company transactions and balances have been eliminated. A subscription agreement was entered into between each Consolidated Fund and its respective Subsidiary, comprising the entire issued share capital of the Subsidiary with the intent that each Consolidated Fund will remain the sole shareholder and retain all rights. Under the Memorandum and Articles of Association of each Subsidiary, shares issued by each Subsidiary confer upon a shareholder the right to receive notice of, to attend and to vote at general meetings of the respective Subsidiary and shall confer upon the shareholder rights in a winding up or repayment of capital and the right to participate in the profits or assets of the respective Subsidiaries. See the table below for details regarding the structure, incorporation and relationship as of period end of each Subsidiary to its respective Consolidated Fund.


Fund Name	Subsidiary	Date of Incorporation		Subsidiary % of Consolidated Fund Net Assets^†
PIMCO CommoditiesPLUS^® Strategy Fund	PIMCO Cayman Commodity Fund III, Ltd.		04/14/2010		17.5	%
PIMCO CommodityRealReturn Strategy Fund^®	PIMCO Cayman Commodity Fund I, Ltd.		07/21/2006		19.5	%
PIMCO Global Core Asset Allocation Fund	PIMCO Cayman Commodity Fund II, Ltd.		11/21/2008		1.0	%
PIMCO Income Fund	MLM 766 LLC		04/30/2018		0.0	%
PIMCO Inflation Response Multi-Asset Fund	PIMCO Cayman Commodity Fund VII, Ltd.		08/01/2011		31.0	%
PIMCO Preferred and Capital Securities Fund	PIMCO Capital Securities Fund (Cayman) Ltd.		02/04/2015		17.6	%
PIMCO Total Return Fund	MLM 700 LLC		05/07/2018		0.0	%
PIMCO TRENDS Managed Futures Strategy Fund	PIMCO Cayman Commodity Fund VIII, Ltd.		09/06/2013		7.1	%

^†	A zero balance may reflect actual amounts rounding to less than 0.01%.

2. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS

(a) Investment Valuation Policies The net asset value (“NAV”) of a Fund’s shares, or each of their respective share classes, as applicable, is determined by dividing the total value of portfolio investments and other assets, attributable to the Fund or class, less any liabilities, as applicable, by the total number of shares outstanding.

On each day that the New York Stock Exchange (“NYSE”) is open, each Funds’ shares are ordinarily valued as of the close of regular trading (normally 4:00 p.m., Eastern time) (“NYSE Close”). Information that becomes known to the Funds or their agents after the time as of which NAV has been calculated on a particular day will not generally be used to retroactively adjust the price of a security or the NAV determined earlier that day. If regular trading on the NYSE closes earlier than scheduled, each Fund may calculate its NAV as of the earlier closing time or calculate its NAV as of the NYSE Close for that day. Each Fund generally does not calculate its NAV on days on which the NYSE is not open for business. If the NYSE is closed on a day it would normally be open for business, each Fund may calculate its NAV as of the NYSE Close for such day or such other time that each Fund may determine.

For purposes of calculating NAV, portfolio securities and other assets for which market quotations are readily available are valued at market value. A market quotation is readily available only when that quotation is a quoted price (unadjusted) in active markets for identical investments that the Fund can access at the measurement date, provided that a quotation will not be readily available if it is not reliable. Market value is generally determined on the basis of official closing prices or the last reported sales prices. The Funds will normally use pricing data for domestic equity securities received shortly after the NYSE Close and do not normally take into account trading, clearances or settlements that take place after the NYSE Close.

A foreign (non-U.S.) equity security traded on a foreign exchange or on more than one exchange is typically valued using pricing information from the exchange considered by PIMCO to be the primary exchange. If market value pricing is used, a foreign (non-U.S.) equity security will be valued as of the close of trading on the foreign exchange, or the NYSE Close if the NYSE Close occurs before the end of trading on the foreign exchange.

Investments for which market quotations are not readily available are valued at fair value as determined in good faith pursuant to Rule 2a-5 under the Act. As a general principle, the fair value of a security or other asset is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Pursuant to Rule 2a-5, the Board has designated PIMCO as the valuation designee (“Valuation Designee”) for each Fund to perform the fair value determination relating to all Fund investments. PIMCO may carry out its designated responsibilities as Valuation Designee through various teams and committees. The Valuation Designee’s policies and procedures govern the Valuation Designee’s selection and application of methodologies for determining and calculating the fair value of Fund portfolio investments. The Valuation Designee may value Fund portfolio securities for which market quotations are not readily available and other Fund assets utilizing inputs from pricing services, quotation reporting systems, valuation agents and other third-party sources (together, “Pricing Sources”).

Notes to Financial Statements (Cont.)

Domestic and foreign (non-U.S.) fixed income securities, non-exchange traded derivatives and equity options are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Sources using data reflecting the earlier closing of the principal markets for those securities. Prices obtained from Pricing Sources may be based on, among other things, information provided by market makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Certain fixed income securities purchased on a delayed-delivery basis are marked to market daily until settlement at the forward settlement date. Common stocks, exchange-traded funds (“ETFs”), exchange-traded notes and financial derivative instruments, such as futures contracts, rights and warrants, or options on futures that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. Exchange-traded options, except equity options, futures and options on futures, are valued at the settlement price determined by the relevant exchange. Swap agreements and swaptions are valued on the basis of bid quotes obtained from brokers and dealers or market-based prices supplied by Pricing Sources. With respect to any portion of a Fund’s assets that are invested in one or more open-end management investment companies, (other than ETFs), the Fund’s NAV will be calculated based on the NAVs of such investments. Open-end management investment companies may include affiliated funds.

If a foreign (non-U.S.) equity security’s value has materially changed after the close of the security’s primary exchange or principal market but before the NYSE Close, the security may be valued at fair value. Foreign (non-U.S.) equity securities that do not trade when the NYSE is open are also valued at fair value. With respect to foreign (non-U.S.) equity securities, a Fund may determine the fair value of investments based on information provided by Pricing Sources, which may recommend fair value or adjustments with reference to other securities, indexes or assets. In considering whether fair valuation is required and in determining fair values, the Valuation Designee may, among other things, consider significant events (which may be considered to include changes in the value of U.S. securities or securities indexes) that occur after the close of the relevant market and before the NYSE Close. A Fund may utilize modeling tools provided by third-party vendors to determine fair values of foreign (non-U.S.) securities. For these purposes, unless otherwise determined by the Valuation Designee, any movement in the applicable reference index or instrument (“zero trigger”) between the earlier close of the applicable foreign market and the NYSE Close may be deemed to be a significant event, prompting the application of the pricing model (effectively resulting in daily fair valuations). Foreign exchanges may permit trading in foreign (non-U.S.) equity securities on days when the Trust is not open for business, which may result in a Fund’s portfolio investments being affected when shareholders are unable to buy or sell shares.

Investments valued in currencies other than the U.S. dollar are converted to the U.S. dollar using exchange rates obtained from Pricing Sources. As a result, the value of such investments and, in turn, the NAV of a Fund’s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of investments traded in markets outside the United States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the Trust is not open for business. As a result, to the extent that a Fund holds foreign (non-U.S.) investments, the value of those investments may change at times when shareholders are unable to buy or sell shares and the value of such investments will be reflected in each Fund’s next calculated NAV. An alternative exchange rate may be obtained from a Pricing Source or an exchange rate may otherwise be determined if believed to be more reflective of the rates at which a Fund may transact.

Fair valuation may require subjective determinations about the value of a security. While the Trust’s and Valuation Designee’s policies and procedures are intended to result in a calculation of a Fund’s NAV that fairly reflects security values as of the time of pricing, the Trust cannot ensure that fair values accurately reflect the price that a Fund could obtain for a security if it were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by a Fund may differ from the value that would be realized if the securities were sold. The Funds’ use of fair valuation may also help to deter “stale price arbitrage” as discussed under the “Abusive Trading Practices” section in each Fund’s prospectus.

Under certain circumstances, the per share NAV of a class of the Fund’s shares may be different from the per share NAV of another class of shares as a result of the different daily expense accruals applicable to each class of shares.

(b) Fair Value Hierarchy U.S. GAAP describes fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes a fair value hierarchy that prioritizes inputs to valuation methods and requires disclosure of the fair value hierarchy, separately for each major category of assets and liabilities, that segregates fair value measurements into levels (Level 1, 2 or 3). The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Levels 1, 2 and 3 of the fair value hierarchy are defined as follows:

•

Level 1 — Quoted prices (unadjusted) in active markets or exchanges for identical assets and liabilities.

•

Level 2 — Significant other observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market corroborated inputs.

•

Level 3 — Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by the Valuation Designee that are used in determining the fair value of investments.

Assets or liabilities categorized as Level 2 or 3 as of period end have been transferred between Levels 2 and 3 since the prior period due to changes in the method utilized in valuing the investments. Transfers from Level 2 to Level 3 are a result of a change, in the normal course of business, from the use of methods used by Pricing Sources (Level 2) to the use of a Broker Quote or valuation technique which utilizes significant unobservable inputs due to an absence of current or reliable market-based data (Level 3). Transfers from Level 3 to Level 2 are a result of the availability of current and reliable market-based data provided by Pricing Sources or other valuation techniques which utilize significant observable inputs. In accordance with the requirements of U.S. GAAP, the amounts of transfers into and out of Level 3, if material, are disclosed in the Notes to Schedule of Investments for each respective Fund.

For fair valuations using significant unobservable inputs, U.S. GAAP requires a reconciliation of the beginning to ending balances for reported fair values that presents changes attributable to realized gain (loss), unrealized appreciation (depreciation), purchases and sales, accrued discounts (premiums), and transfers into and out of the Level 3 category during the period. The end of period value is used for the transfers between fair value Levels of a Fund’s assets and liabilities. Additionally, U.S. GAAP requires quantitative information regarding the significant unobservable inputs used in the determination of fair value of assets or liabilities categorized as Level 3 in the fair value hierarchy. In accordance with the requirements of U.S. GAAP, a fair value hierarchy and, if material, a Level 3 reconciliation and details of significant unobservable inputs, have been included in the Notes to Schedule of Investments for each respective Fund.

(c) Level 1, Level 2 and Level 3 trading assets and trading liabilities, at fair value The valuation methods (or “techniques”) and significant inputs used in determining the fair values of portfolio securities or other assets and liabilities categorized as Level 1, Level 2 and Level 3 of the fair value hierarchy are as follows:

Common stocks, ETFs, exchange-traded notes and financial derivative instruments, such as futures contracts, rights and warrants, or options on futures that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy.

Notes to Financial Statements (Cont.)

Investments in registered open-end investment companies (other than ETFs) will be valued based upon the NAVs of such investments and are categorized as Level 1 of the fair value hierarchy. Investments in unregistered open-end investment companies will be calculated based upon the NAVs of such investments and are considered Level 1 provided that the NAVs are observable, calculated daily and are the value at which both purchases and sales will be conducted.

Fixed income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. treasury obligations, sovereign issues, bank loans, convertible preferred securities, non-U.S. bonds and short-term debt instruments (such as commercial paper, time deposits and certificates of deposit) are normally valued on the basis of quotes obtained from brokers and dealers or Pricing Sources that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The Pricing Sources’ internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Fixed income securities purchased on a delayed-delivery basis or as a repurchase commitment in a sale-buyback transaction are marked to market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.

Mortgage-related and asset-backed securities are usually issued as separate tranches, or classes, of securities within each deal. These securities are also normally valued by Pricing Sources that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche-level attributes, current market data, estimated cash flows and market-based yield spreads for each tranche and incorporate deal collateral performance, as available. Mortgage-related and asset-backed securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Valuation adjustments may be applied to certain securities that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the NYSE Close. These securities are valued using Pricing Sources that consider the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy. Preferred securities and other equities traded on inactive markets or valued by reference to similar instruments are also categorized as Level 2 of the fair value hierarchy.

Valuation adjustments may be applied to certain exchange traded futures and options to account for market movement between the exchange settlement and the NYSE Close. These securities are valued using quotes obtained from a quotation reporting system, established market makers or Pricing Sources. Financial derivatives using these valuation adjustments are categorized as Level 2 of the fair value hierarchy.

Equity-linked securities are valued by referencing the last reported sale or settlement price of the linked referenced equity on the day of valuation. Foreign exchange adjustments are applied to the last reported price to convert the linked equity’s trading currency to the contract’s settling currency. These investments are categorized as Level 2 of the fair value hierarchy.

Equity exchange-traded options and over the counter financial derivative instruments, such as forward foreign currency contracts and options contracts derive their value from underlying asset prices, indexes, reference rates and other inputs or a combination of these factors. These contracts are normally valued on the basis of quotes obtained from a quotation reporting system, established market makers or Pricing Sources (normally determined as of the NYSE Close). Depending on the product and the terms of the transaction, financial derivative instruments can be valued by Pricing Sources using a series of techniques, including simulation pricing models. The pricing models use inputs that are observed from actively quoted markets such as quoted prices, issuer details, indexes, bid/ask spreads, interest rates, implied volatilities, yield curves, dividends and exchange rates. Financial derivative instruments that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Centrally cleared swaps and over the counter swaps derive their value from underlying asset prices, indexes, reference rates and other inputs or a combination of these factors. They are valued using a broker-dealer bid quotation or on market-based prices provided by Pricing Sources (normally determined as of the NYSE Close). Centrally cleared swaps and over the counter swaps can be valued by Pricing Sources using a series of techniques, including simulation pricing models. The pricing models may use inputs that are observed from actively quoted markets such as the overnight index swap rate, interest rates, yield curves and credit spreads. These securities are categorized as Level 2 of the fair value hierarchy.

Proxy pricing procedures set the base price of a fixed income security and subsequently adjust the price proportionally to market value changes of a pre-determined security deemed to be comparable in duration, generally a U.S. Treasury or sovereign note based on country of issuance. The base price may be a broker-dealer quote, transaction price or an internal value as derived by analysis of market data. The base price of the security may be reset on a periodic basis based on the availability of market data and procedures approved by the Valuation Oversight Committee. Significant changes in the unobservable inputs of the proxy pricing process (the base price) would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

If third-party evaluated vendor pricing is not available or not deemed to be indicative of fair value, the Adviser may elect to obtain Broker Quotes directly from the broker-dealer or passed-through from a third-party vendor. In the event that fair value is based upon a single sourced Broker Quote, these securities are categorized as Level 3 of the fair value hierarchy. Broker Quotes are typically received from established market participants. Although independently received, the Adviser does not have the transparency to view the underlying inputs which support the market quotation. Significant changes in the Broker Quote would have direct and proportional changes in the fair value of the security.

Reference instrument valuation estimates fair value by utilizing the correlation of the security to one or more broad-based securities, market indexes and/or other financial instruments, whose pricing information is readily available. Unobservable inputs may include those used in algorithms based on percentage change in the reference instruments and/or weights of each reference instrument. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source or input of the reference instrument.

Expected recovery valuation estimates that the fair value of an existing asset can be recovered, net of any liability. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

The Discounted Cash Flow model is based on future cash flows generated by the investment and may be normalized based on expected investment performance. Future cash flows are discounted to present value using an appropriate rate of return, typically calibrated to the initial transaction date and adjusted based on Capital Asset Pricing Model and/or other market-based inputs. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

Notes to Financial Statements (Cont.)

The Comparable Companies model is based on application of valuation multiples from publicly traded comparable companies to the financials of the subject company. Adjustments may be made to the market-derived valuation multiples based on differences between the comparable companies and the subject company. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

Securities may be valued based on purchase prices of privately negotiated transactions. Significant changes in the unobservable inputs would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy.

Short-term debt instruments (such as commercial paper, time deposits and certificates of deposit) having a remaining maturity of 60 days or less may be valued at amortized cost, so long as the amortized cost value of such short-term debt instruments is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source of the base price.

When a fair valuation method is applied by PIMCO that uses significant unobservable inputs, investments will be priced by a method that the Valuation Designee believes reflects fair value and are categorized as Level 3 of the fair value hierarchy.

3. FEDERAL INCOME TAX MATTERS

Each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code (the “Code”) and distribute all of its taxable income and net realized gains, if applicable, to shareholders. Accordingly, no provision for Federal income taxes has been made.

A Fund may be subject to local withholding taxes, including those imposed on realized capital gains. Any applicable foreign capital gains tax is accrued daily based upon net unrealized gains and may be payable following the sale of any applicable investments.

In accordance with U.S. GAAP, the Adviser has reviewed the Funds’ tax positions for all open tax years. As of June 30, 2026, the Funds have recorded no liability for net unrecognized tax benefits relating to uncertain income tax positions they have taken or expect to take in future tax returns.

The Funds file U.S. federal, state and local tax returns as required. The Funds’ tax returns are subject to examination by relevant tax authorities until expiration of the applicable statute of limitations, which is generally three years after the filing of the tax return but which can be extended to six years in certain circumstances. Tax returns for open years have incorporated no uncertain tax positions that require a provision for income taxes.

The PIMCO CommoditiesPLUS^® Strategy Fund, PIMCO CommodityRealReturn Strategy Fund^®, PIMCO Global Core Asset Allocation Fund, PIMCO Inflation Response Multi-Asset Fund and PIMCO TRENDS Managed Futures Strategy Fund may gain exposure to the commodities markets primarily through Index-linked notes and may invest in other commodity-linked derivative instruments, including commodity swap agreements, options, futures contracts, options on futures contracts and foreign funds investing in similar commodity-linked derivatives.

One of the requirements for favorable tax treatment as a regulated investment company under the Code is that a Fund must derive at least 90% of its gross income from certain qualifying sources of income. The Internal Revenue Service (“IRS”) has issued a revenue ruling which holds that income derived from commodity index-linked swaps is not qualifying income under Subchapter M of the Code. The IRS has also issued private letter rulings in which the IRS specifically concluded that income from certain commodity index- linked notes is qualifying income. The IRS has also issued private letter rulings in which the IRS specifically concluded that income derived from an investment in a subsidiary, which invests primarily in commodity-linked swaps, will also be qualifying income. Based on such rulings, the PIMCO CommoditiesPLUS^® Strategy Fund, PIMCO CommodityRealReturn Strategy Fund^®, PIMCO Global Core Asset Allocation Fund, PIMCO Inflation Response Multi-Asset Fund and PIMCO TRENDS Managed Futures Strategy Fund will continue to seek to gain exposure to the commodity markets primarily through investments in commodity-linked notes and through investments in its subsidiary.

It should be noted, however, that the IRS currently has ceased the issuance of such rulings. In addition, the IRS also issued a revenue procedure, which states that the IRS will not in the future issue private letter rulings that would require a determination of whether an asset (such as a commodity index-linked note) is a “security” under the Act. The IRS issued in September 2016 proposed regulations that would have generally treated a Fund’s income inclusion (under Subpart F of the Code) with respect to the Subsidiary as qualifying income only if there were a distribution during the same taxable year out of the earnings and profits of the Subsidiary attributable to such income inclusion. In March 2019, the IRS issued final regulations (so modifying the proposed regulations) providing that (i) it will not rule on the determination of whether a financial instrument or position is a security under the Act; (ii) any earnings and profits paid out in the same taxable year as earned by a controlled foreign corporation to a Fund is treated as qualifying dividends; and (iii) that income inclusion by a Fund of its Subsidiary’s earnings would be treated as other qualifying income if derived with respect to a Fund’s business of investing in stock, securities, or currencies.

There can be no assurance that the IRS will not change its position that income derived from commodity-linked notes and wholly-owned subsidiaries is qualifying income. Furthermore, the tax treatment of commodity-linked notes, other commodity-linked derivatives and a Fund’s investments in the Subsidiary may otherwise be adversely affected by future legislation, court decisions, Treasury Regulations and/or guidance issued by the IRS. Such developments could affect the character, timing and/or amount of a Fund’s taxable income or any distributions made by the Fund or result in the inability of the Fund to operate as described in its prospectus.

If, during a taxable year, a subsidiary incurs taxable losses (and other deductible items) exceeding its income and gains, the net loss will not pass through to the PIMCO CommoditiesPLUS^® Strategy Fund, PIMCO CommodityRealReturn Strategy Fund^®, PIMCO Global Core Asset Allocation Fund, PIMCO Inflation Response Multi-Asset Fund and PIMCO TRENDS Managed Futures Strategy Fund as a deductible amount for Federal income tax purposes. Note that the loss from a subsidiary’s contemplated activities also cannot be carried forward to reduce future subsidiary income in subsequent years. However, if a subsidiary’s taxable gains exceed its losses and other deductible items during a taxable year, the net gain will pass through to the PIMCO CommoditiesPLUS^® Strategy Fund, PIMCO CommodityRealReturn Strategy Fund^®, PIMCO Global Core Asset Allocation Fund, PIMCO Inflation Response Multi-Asset Fund and PIMCO TRENDS Managed Futures Strategy Fund as income for Federal income tax purposes.

To the extent a Fund invests in the PIMCO CommoditiesPLUS^® Strategy Fund, PIMCO CommodityRealReturn Strategy Fund^®, PIMCO Global Core Asset Allocation Fund, PIMCO Inflation Response Multi-Asset Fund and PIMCO TRENDS Managed Futures Strategy Fund, the Fund may be subject to additional tax risk.

Notes to Financial Statements (Cont.)

4. INVESTMENTS IN AFFILIATES

The Funds listed below invest substantially all or a significant portion of their assets in Institutional Class shares or, as applicable, Class M shares of PIMCO Funds, PIMCO Equity Series, PIMCO ETF Trust and Private Account Portfolio Series affiliated open-end investment companies (the “Underlying PIMCO Funds”). The Underlying PIMCO Funds are considered to be affiliated with the Funds. A copy of each Acquired Fund’s shareholder report is available at the U.S. Securities and Exchange Commission (“SEC”) website at www.sec.gov, and a copy of each affiliate fund’s shareholder report is available on the Funds’ website at www.pimco.com, or upon request, as applicable. The tables below show the transactions in and earnings from investments in the affiliated funds for the period ended June 30, 2026 (amounts in thousands^†):

PIMCO All Asset Fund


Underlying PIMCO Funds	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO All Asset: Multi-RAE PLUS Fund	$	1,671,876	$	107,035	$	(404,311	)	$	56,674		$	99,771		$	1,531,045	$	73,555	$	0
PIMCO All Asset: Multi-Real Fund		2,048,955		103,228		(57,264	)		7,494			43,445			2,145,858		79,069		0
PIMCO Emerging Markets Bond Fund		50,530		31,079		(5,603	)		(43	)		2,158			78,121		1,271		0
PIMCO Emerging Markets Currency and Short-Term Investments Fund		367,693		9,344		(38,719	)		(981	)		5,683			343,020		8,111		0
PIMCO Emerging Markets Local Currency and Bond Fund		800,678		132,117		(6,868	)		(310	)		25,187			950,804		15,469		0
PIMCO Extended Duration Fund		147,632		47,816		0			0			1,040			196,488		2,086		0
PIMCO Government Money Market Fund		59,218		161,628		(157,988	)		0			(1	)		62,857		523		0
PIMCO High Yield Fund		372,193		21,955		(32,539	)		(394	)		1,779			362,994		5,734		0
PIMCO High Yield Spectrum Fund		135,322		22,303		0			0			836			158,461		2,512		0
PIMCO Income Fund		130,177		11,593		(7,665	)		(116	)		1,117			135,106		1,761		0
PIMCO International Bond Fund (U.S. Dollar-Hedged)		311,653		82,362		(1,567	)		(26	)		5,675			398,097		3,374		0
PIMCO Investment Grade Credit Bond Fund		64,367		808		0			0			286			65,461		805		0
PIMCO Long Duration Total Return Fund		171,294		32,238		0			0			1,110			204,642		2,577		0
PIMCO Long-Term Real Return Fund		0		78,521		0			0			(1,258	)		77,263		1,584		0
PIMCO Long-Term U.S. Government Fund		231,211		54,883		(1,123	)		(34	)		(478	)		284,459		3,079		0
PIMCO Low Duration Fund		532,856		160,128		(116,207	)		(484	)		(1,649	)		574,644		5,529		0
PIMCO RAE Emerging Markets Fund		245,841		14,839		(73,481	)		16,417			(11,242	)		192,374		0		0
PIMCO RAE Fundamental Advantage PLUS Fund		338,210		64,481		(27,500	)		1,495			(22,535	)		354,151		16,776		0
PIMCO RAE International Fund		67,829		0		(15,389	)		5,212			(5,300	)		52,352		0		0
PIMCO RAE PLUS EMG Fund		98,005		5,692		0			0			788			104,485		5,691		0
PIMCO RAE PLUS International Fund		99,691		6,595		0			0			(4,200	)		102,086		6,595		0
PIMCO RAE US Fund		107,664		0		(10,320	)		686			13,671			111,701		0		0
PIMCO RAE US Small Fund		157,156		0		(47,981	)		8,055			20,201			137,431		0		0
PIMCO RAE Worldwide Long/Short PLUS Fund		333,512		74,529		(23,658	)		(642	)		(36,523	)		347,218		6,412		0
PIMCO Real Return Fund		105,051		33,553		(31,235	)		425			(1,296	)		106,498		2,178		0
PIMCO RealEstateRealReturn Strategy Fund		185,890		1,411		(6,713	)		106			20,822			201,516		1,411		0
PIMCO Total Return Fund		700,111		143,869		(75,680	)		(359	)		1,352			769,293		8,765		0
PIMCO TRENDS Managed Futures Strategy Fund		417,122		6,064		(39,730	)		111			1,098			384,665		4,873		0
Totals	$	9,951,737	$	1,408,071	$	(1,181,541	)	$	93,286		$	161,537		$	10,433,090		259,740	$	0

Notes to Financial Statements (Cont.)

PIMCO All Asset All Authority Fund


Underlying PIMCO Funds	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO All Asset: Multi-Real Fund	$	120,856	$	4,381	$	(9,897	)	$	1,977		$	1,266		$	118,583	$	4,380	$	0
PIMCO All Authority: Multi-RAE PLUS Fund		140,785		4,599		(62,668	)		11,647			1,444			95,807		4,450		0
PIMCO CommoditiesPLUS^®Strategy Fund		0		16,370		(137	)		(6	)		(2,388	)		13,839		1,307		0
PIMCO CommodityRealReturn Strategy Fund^®		21,235		2,434		(9,347	)		1,560			(3,250	)		12,632		965		0
PIMCO Emerging Markets Currency and Short-Term Investments Fund		49,142		1,058		(7,533	)		174			481			43,322		1,059		0
PIMCO Emerging Markets Local Currency and Bond Fund		107,941		11,932		(1,738	)		(60	)		3,379			121,454		2,053		0
PIMCO Extended Duration Fund		16,493		5,502		(596	)		(24	)		138			21,513		231		0
PIMCO Government Money Market Fund		9,564		47,400		(47,211	)		0			0			9,753		81		0
PIMCO High Yield Fund		68,025		1,962		(6,554	)		(80	)		338			63,691		1,032		0
PIMCO High Yield Spectrum Fund		24,645		4,273		(809	)		(15	)		168			28,262		453		0
PIMCO Income Fund		11,467		809		(672	)		(1	)		88			11,691		158		0
PIMCO International Bond Fund (U.S. Dollar-Hedged)		86,900		16,984		(2,868	)		(62	)		1,574			102,528		938		0
PIMCO Investment Grade Credit Bond Fund		5,859		73		(230	)		(26	)		52			5,728		72		0
PIMCO Long Duration Total Return Fund		18,578		4,583		(632	)		(10	)		143			22,662		275		0
PIMCO Long-Term Credit Bond Fund		0		5,435		0			0			28			5,463		45		0
PIMCO Long-Term Real Return Fund		14,075		6,054		(100	)		0			(292	)		19,737		601		0
PIMCO Long-Term U.S. Government Fund		25,311		2,224		(1,815	)		(70	)		(24	)		25,626		311		0
PIMCO Low Duration Fund		178,455		33,260		(24,422	)		(56	)		(712	)		186,525		1,873		0
PIMCO RAE Emerging Markets Fund		20,782		1,436		(14,743	)		5,468			(4,697	)		8,246		0		0
PIMCO RAE Fundamental Advantage PLUS Fund		42,191		8,383		(3,789	)		173			(2,823	)		44,135		2,101		0
PIMCO RAE International Fund		3,965		0		(2,099	)		768			(729	)		1,905		0		0
PIMCO RAE PLUS EMG Fund		10,368		582		(511	)		107			18			10,564		582		0
PIMCO RAE PLUS International Fund		13,538		684		(3,492	)		1,314			(1,552	)		10,492		684		0
PIMCO RAE US Small Fund		13,233		0		(7,302	)		889			1,192			8,012		0		0
PIMCO RAE Worldwide Long/Short PLUS Fund		41,254		8,908		(2,247	)		3			(4,683	)		43,235		804		0
PIMCO Real Return Fund		20,539		9,293		(1,652	)		41			(352	)		27,869		566		0
PIMCO RealEstateRealReturn Strategy Fund		78,564		8,349		(7,364	)		243			9,166			88,958		625		0
PIMCO Total Return Fund		164,974		13,647		(11,374	)		(36	)		253			167,464		1,990		0
PIMCO TRENDS Managed Futures Strategy Fund		58,113		632		(9,324	)		(43	)		255			49,633		632		0
Totals	$	1,366,852	$	221,247	$	(241,126	)	$	23,875		$	(1,519	)	$	1,369,329	$	28,268	$	0

Notes to Financial Statements (Cont.)

PIMCO Emerging Markets Full Spectrum Bond Fund


Underlying PIMCO Funds	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO Emerging Markets Bond Fund	$	11,266	$	186	$	0		$	0		$	319	$	11,771	$	187	$	0
PIMCO Emerging Markets Corporate Bond Fund		44,502		748		0			0			637		45,887		748		0
PIMCO Emerging Markets Local Currency and Bond Fund		71,853		9,991		(16,724	)		(311	)		2,519		67,327		1,404		0
PIMCO Short-Term Floating NAV Portfolio III		21,175		50,835		(67,900	)		2			1		4,113		37		0
Totals	$	148,796	$	61,760	$	(84,624	)	$	(309	)	$	3,476	$	129,098	$	2,376	$	0

PIMCO Global Core Asset Allocation Fund


Underlying PIMCO Funds	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO Income Fund	$	33,008	$	444	$	0		$	0	$	246	$	33,698	$	444	$	0
PIMCO International Bond Fund (U.S. Dollar-Hedged)		65,566		1,208		0			0		1,023		67,797		652		0
PIMCO Short Asset Portfolio		73,246		700		(36,586	)		166		79		37,605		704		0
PIMCO Short-Term Floating NAV Portfolio III		18,915		104,694		(109,972	)		4		0		13,641		194		0
PIMCO Total Return Fund		33,184		402		0			0		38		33,624		404		0
Totals	$	223,919	$	107,448	$	(146,558	)	$	170	$	1,386	$	186,365	$	2,398	$	0

PIMCO Inflation Response Multi-Asset Fund


Underlying PIMCO Funds	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO Commodity Strategy Active Exchange-Traded Fund	$	96,072	$	0	$	0		$	0	$	(4,763	)	$	91,309	$	566	$	0
PIMCO Emerging Markets Currency and Short-Term Investments Fund		134,702		3,172		0			0		1,770			139,644		3,170		0
PIMCO Short-Term Floating NAV Portfolio III		4,843		224,779		(217,500	)		0		0			12,122		80		0
Totals	$	235,617	$	227,951	$	(217,500	)	$	0	$	(2,993	)	$	243,075	$	3,816	$	0

PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund


Fund Name	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO Moderate Duration Fund	$	102,918	$	0	$	0	$	0	$	(457	)	$	102,461	$	1,203	$	0
PIMCO Total Return Fund II		34,741		0		0		0		(154	)		34,587		406		0

Notes to Financial Statements (Cont.)

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund


Fund Name	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO High Yield Fund	$	43,593	$	0	$	0	$	0	$	583	$	44,176	$	645	$	0

PIMCO Senior Loan Active Exchange-Traded Fund


Fund Name	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales		Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO High Yield Fund	$	83,826	$	27,867	$	0	$	0	$	(202	)	$	111,491	$	2,082	$	0
PIMCO Total Return Fund		28,966		0		0		0		(41	)		28,925		651		0

^†	A zero balance may reflect actual amounts rounding to less than one thousand.

⁽¹⁾

The tax characterization of distributions is determined in accordance with Federal income tax regulations and may contain a return of capital. The actual tax characterization of distributions received is determined at the end of the fiscal year of the affiliated fund, unless otherwise advised on IRS Form 1099-DIV.

Each Fund may invest in the PIMCO Short Asset Portfolio and the PIMCO Short-Term Floating NAV Portfolio III (“Central Funds”) to the extent permitted by the Act, rules thereunder or exemptive relief therefrom. The Central Funds are registered investment companies created for use solely by the series of the Trust and other series of registered investment companies advised by the Adviser, in connection with their cash management activities. The main investments of the Central Funds are money market and short maturity fixed income instruments. The Central Funds may incur expenses related to their investment activities, but do not pay Investment Advisory Fees or Supervisory and Administrative Fees to the Adviser. The Central Funds are considered to be affiliated with the Funds. The tables below show the Funds’ transactions in and earnings from investments in the affiliated funds for the period ended June 30, 2026 (amounts in thousands^†):

Investments in PIMCO Short Asset Portfolio


Fund Name	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO CommoditiesPLUS^®Strategy Fund	$	94,026	$	1,023	$	0		$	0		$	336		$	95,385	$	1,023	$	0
PIMCO Dynamic Bond Fund		129,733		1,411		0			0			464			131,608		1,411		0
PIMCO Emerging Markets Currency and Short-Term Investments Fund		57,576		626		0			0			206			58,408		626		0
PIMCO Emerging Markets Local Currency and Bond Fund		36,085		392		0			0			129			36,606		392		0
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged)		0		38,021		0			0			92			38,113		215		0
PIMCO High Yield Fund		0		321,064		0			0			1,104			322,168		3,193		0
PIMCO International Bond Fund (U.S. Dollar-Hedged)		767,381		777,777		(771,073	)		(8,354	)		10,627			776,358		7,788		0
PIMCO Low Duration Credit Fund		0		12,903		(1,478	)		4			39			11,468		123		0
PIMCO Low Duration Fund		767,068		8,345		0			0			2,744			778,157		8,342		0
PIMCO Low Duration Fund II		38,859		423		0			0			139			39,421		423		0
PIMCO Low Duration Opportunities Fund		4,598		50		0			0			16			4,664		50		0
PIMCO RAE Fundamental Advantage PLUS Fund		28,755		29,365		(58,191	)		48			23			0		199		0
PIMCO RAE PLUS EMG Fund		36,990		10,221		(18,228	)		26			110			29,119		421		0
PIMCO RAE PLUS Fund		167,195		33,871		(201,726	)		877			(217	)		0		1,990		0
PIMCO RAE PLUS International Fund		25,098		7,381		(14,437	)		19			70			18,131		282		0
PIMCO RAE PLUS Small Fund		31,221		339		0			0			112			31,672		340		0
PIMCO RAE Worldwide Long/Short PLUS Fund		41,911		102		(40,866	)		(3	)		37			1,181		106		0
PIMCO Short Asset Investment Fund		190,609		1,945		(65,000	)		205			438			128,197		1,952		0

Notes to Financial Statements (Cont.)


PIMCO Short-Term Fund	478,681	5,209	0		0		1,712	485,602	5,206	0
PIMCO StocksPLUS^®Absolute Return Fund	185,743	1,352	(187,721	)	491		135	0	1,908	0
PIMCO StocksPLUS^®International Fund (U.S. Dollar-Hedged)	173,054	74,318	0		0		685	248,057	2,122	0
PIMCO StocksPLUS^®International Fund (Unhedged)	19,423	12,445	(16,980	)	22		57	14,967	250	0
PIMCO StocksPLUS^®Short Fund	10,947	107	(3,094	)	5		31	7,996	108	0
PIMCO StocksPLUS^®Small Fund	14,302	155	0		0		51	14,508	156	0
PIMCO Total Return Fund	2,477,176	26,951	0		0		8,861	2,512,988	26,940	0
PIMCO TRENDS Managed Futures Strategy Fund	608,464	76,765	(62,000	)	(6	)	2,181	625,404	6,770	0

Investments in PIMCO Short-Term Floating NAV Portfolio III


Fund Name	Market Value 03/31/2026		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Market Value 06/30/2026		Dividend Income⁽¹⁾		Realized Net Capital Gain Distributions⁽¹⁾
PIMCO California Intermediate Municipal Bond Fund	$	18,811	$	45,332	$	(58,500	)	$	1		$	2		$	5,646	$	134	$	0
PIMCO California Municipal Bond Fund		37,871		71,145		(103,500	)		10			(3	)		5,523		151		0
PIMCO California Municipal Opportunistic Value Fund		5,578		32,953		(32,500	)		(1	)		2			6,032		53		0
PIMCO California Short Duration Municipal Income Fund		21,277		70,884		(66,100	)		1			2			26,064		184		0
PIMCO CommoditiesPLUS^®Strategy Fund		603,347		283,239		(363,900	)		(14	)		107			522,779		5,601		0
PIMCO CommodityRealReturn Strategy Fund^®		15,201		970,209		(846,500	)		(16	)		12			138,906		787		0
PIMCO Credit Opportunities Bond Fund		82,733		89,775		(149,000	)		(12	)		12			23,508		287		0
PIMCO Diversified Income Fund		193,465		278,731		(259,500	)		100			(69	)		212,727		1,626		0
PIMCO Dynamic Bond Fund		417,305		156,131		(555,400	)		160			(161	)		18,035		1,106		0
PIMCO Emerging Markets Bond Fund		118,900		311,993		(311,900	)		(1	)		22			119,014		996		0
PIMCO Emerging Markets Corporate Bond Fund		3,234		8,833		(8,500	)		0			0			3,567		32		0
PIMCO Emerging Markets Currency and Short-Term Investments Fund		16,428		59,249		(60,400	)		1			2			15,280		152		0
PIMCO Emerging Markets Local Currency and Bond Fund		166,363		923,526		(940,200	)		34			(4	)		149,719		1,828		0
PIMCO Extended Duration Fund		6,348		264,742		(267,400	)		0			0			3,690		42		0
PIMCO Global Advantage^®Strategy Bond Fund		7,592		32,630		(25,400	)		(1	)		3			14,824		129		0
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged)		83,041		380,113		(201,600	)		(6	)		35			261,583		1,897		0
PIMCO GNMA and Government Securities Fund		351		146,658		(118,100	)		2			3			28,914		159		0
PIMCO High Yield Fund		385,111		53,585		(384,054	)		88			(99	)		54,631		923		0
PIMCO High Yield Municipal Bond Fund		450,712		498,377		(722,000	)		54			20			227,163		2,580		0
PIMCO High Yield Spectrum Fund		1,507		21,975		(5,900	)		0			1			17,583		73		0
PIMCO Income Fund		505,044		10,621,091		(10,996,800	)		(38	)		(40	)		129,257		2,413		0
PIMCO International Bond Fund (U.S. Dollar-Hedged)		430,647		3,771,299		(2,776,100	)		201			106			1,426,153		7,735		0

Notes to Financial Statements (Cont.)


PIMCO International Bond Fund (Unhedged)	31,238	237,056	(171,100	)	(2	)	16		97,208	742	0
PIMCO Investment Grade Credit Bond Fund	4,023	867,160	(870,800	)	9		0		392	165	0
PIMCO Long Duration Total Return Fund	667	203,357	(203,900	)	4		0		128	60	0
PIMCO Long-Term Credit Bond Fund	20,304	343,281	(363,500	)	(6	)	0		79	71	0
PIMCO Long-Term Real Return Fund	21,023	41,025	(61,200	)	(1	)	4		851	28	0
PIMCO Long-Term U.S. Government Fund	85	106,728	(106,700	)	3		0		116	24	0
PIMCO Low Duration Credit Fund	12,522	3,005	(14,092	)	(1	)	0		1,434	14	0
PIMCO Low Duration Fund	66,300	298	(66,603	)	5		0		0	348	0
PIMCO Low Duration Fund II	9,472	17,832	(24,700	)	1		0		2,605	32	0
PIMCO Low Duration Income Fund	3,761,093	4,587,106	(4,225,218	)	(194	)	753		4,123,540	37,723	0
PIMCO Low Duration Opportunities Fund	22,369	6,066	(14,000	)	(1	)	3		14,437	165	0
PIMCO Moderate Duration Fund	66	1	0		0		0		67	1	0
PIMCO Mortgage Opportunities and Bond Fund	351,049	2,001,945	(2,207,000	)	36		(23	)	146,007	2,842	0
PIMCO Municipal Bond Fund	414,240	410,029	(815,700	)	114		(59	)	8,624	1,374	0
PIMCO National Intermediate Municipal Bond Fund	122,609	112,171	(232,900	)	27		(15	)	1,892	483	0
PIMCO National Municipal Opportunistic Value Fund	2,478	27,328	(28,200	)	1		1		1,608	28	0
PIMCO New York Municipal Bond Fund	11,030	73,231	(68,500	)	4		1		15,766	128	0
PIMCO Preferred and Capital Securities Fund	39,945	92,466	(97,700	)	(1	)	4		34,714	369	0
PIMCO RAE Fundamental Advantage PLUS Fund	16	0	0		0		0		16	0	0
PIMCO RAE PLUS EMG Fund	34	0	0		0		0		34	0	0
PIMCO RAE PLUS Fund	5,354	6	(5,300	)	1		(1	)	60	6	0
PIMCO RAE PLUS International Fund	26	0	0		0		1		27	0	0
PIMCO RAE PLUS Small Fund	22	0	0		0		0		22	0	0
PIMCO RAE Worldwide Long/Short PLUS Fund	94	1	0		0		0		95	1	0
PIMCO Real Return Fund	133,772	379,136	(500,000	)	(3	)	(11	)	12,894	152	0
PIMCO RealEstateRealReturn Strategy Fund	6,522	108,633	(114,900	)	3		0		258	32	0
PIMCO Short Asset Investment Fund	0	23,811	(23,700	)	0		0		111	17	0
PIMCO Short Duration Municipal Income Fund	52,437	76,313	(122,400	)	15		(9	)	6,356	215	0
PIMCO Short-Term Fund	15	0	0		0		0		15	0	0
PIMCO StocksPLUS^®Absolute Return Fund	53	1	0		0		0		54	1	0
PIMCO StocksPLUS^®Fund	39,272	181,054	(211,900	)	(8	)	0		8,418	63	0
PIMCO StocksPLUS^®International Fund (U.S. Dollar-Hedged)	452,953	1,240,335	(1,436,200	)	(98	)	23		257,013	1,150	0
PIMCO StocksPLUS^®International Fund (Unhedged)	46	0	0		0		1		47	0	0
PIMCO StocksPLUS^®Long Duration Fund	8,747	125,126	(127,500	)	(1	)	0		6,372	25	0
PIMCO StocksPLUS^®Short Fund	18,905	14,971	(33,300	)	0		2		578	74	0
PIMCO StocksPLUS^®Small Fund	46,201	252,107	(245,500	)	1		0		52,809	632	0
PIMCO Total Return Fund	448,107	3,751,885	(3,216,500	)	142		19		983,653	3,169	0
PIMCO Total Return Fund II	482	49,514	(47,600	)	1		0		2,397	13	0

Notes to Financial Statements (Cont.)


PIMCO Total Return Fund IV	15,120	23,307	(22,100	)	4	(1	)	16,330	106	0
PIMCO TRENDS Managed Futures Strategy Fund	66,104	45,168	(111,216	)	0	7		63	314	0

^†	A zero balance may reflect actual amounts rounding to less than one thousand.

⁽¹⁾	The tax characterization of distributions is determined in accordance with Federal income tax regulations and may contain a return of capital. The actual tax characterization of distributions received is determined at the end of the fiscal year of the affiliated fund.

An affiliate includes any company in which a Fund owns 5% or more of the company’s outstanding voting shares. The table below represents transactions in and earnings from these affiliated issuers for the period ended June 30, 2026 (amounts in thousands^†, except number of shares).

PIMCO Income Fund


Security Name	Market Value at 03/31/2026		Purchases at cost		Proceeds from Sale			Net Realized Gain/(Loss)			Change in Unrealized Appreciation (Depreciation)			Market Value at 06/30/2026		Dividend Income		Shares Held at 06/30/2026
Clear Channel Outdoor Holdings, Inc.	$	120,544	$	0	$	0		$	0		$	2,543		$	123,087	$	0		50,862,666
iHeartMedia, Inc. ‘A’		26,362		0		(4,656	)		(21,338	)		33,755			34,123		0		7,954,032
iHeartMedia, Inc. ‘B’		31,386		0		0			0			13,678			45,064		0		12,214,441
Sierra Hamilton Holder LLC		2		0		0			0			(1	)		1		0		15,369,768
Westmoreland Mining LLC		1,925		671		0			0			(527	)		2,069		0		788,065
Windstream Servcies LLC		57,557		0		0			0			12,825			70,382		0		6,136,182

^†	A zero balance may reflect actual amounts rounding to less than one thousand.


Glossary: (abbreviations that may be used in the preceding statements)		(Unaudited)



Counterparty Abbreviations:
AZD	Australia and New Zealand Banking Group	DBL	Deutsche Bank AG London	MYI	Morgan Stanley & Co. International PLC
BAR	Barclays PLC Corporate RRP/REPO trading	DEU	Deutsche Bank Securities, Inc.	NGF	Nomura Global Financial Products, Inc.
BBV	Banco Bilbao Vizcaya Madrid (Repo Only)	DUB	Deutsche Bank AG	NOM	Nomura Securities International, Inc.
BCY	Barclays Capital, Inc.	FAR	Wells Fargo Bank National Association	NXN	Natixis New York
BOA	Bank of America N.A.	FICC STR	Fixed Income Clearing Corp. - State Street FICC Repo	RBC	Royal Bank of Canada
BOM	Bank of Montreal	GLM	Goldman Sachs Bank USA	RDR	RBC Capital Markets LLC
BOO	BoA Securities, Inc (Repo Only)	GSC	Goldman Sachs & Co. LLC	RYL	NatWest Markets Plc
BOS	BofA Securities, Inc.	GST	Goldman Sachs International	SAL	Citigroup Global Markets, Inc.
BPG	BNP Paribas Securities Corp.	IND	Crédit Agricole Corporate and Investment Bank S.A.	SBI	Citigroup Global Markets Ltd.
BPS	BNP Paribas S.A.	JML	JP Morgan Securities Plc	SCX	Standard Chartered Bank, London
BRC	Barclays Bank PLC	JPM	JP Morgan Chase Bank N.A.	SGY	Societe Generale, NY
BSH	Banco Santander S.A. - New York Branch	JPS	J.P. Morgan Securities LLC	SOG	Societe Generale Paris
BSN	The Bank of Nova Scotia - Toronto	MAA	Mizuho Capital Markets LLC	SSB	State Street Bank and Trust Co.
BSS	Banco Santander S.A.	MAC	Macquarie Bank Limited	STR	State Street FICC Repo
BUS	The Bank of Nova Scotia - Toronto	MBC	HSBC Bank Plc	TDM	TD Securities (USA) LLC
BYR	The Bank of Nova Scotia - Toronto	MEI	Merrill Lynch International	TOR	The Toronto-Dominion Bank
CBK	Citibank N.A.	MFK	Barclays Capital, Inc.	UAG	UBS AG Stamford
CIB	Canadian Imperial Bank of Commerce	MSC	Morgan Stanley & Co. LLC.	UBS	UBS Securities LLC
CKL	Citibank N.A. London	MSR	Morgan Stanley & Co LLC FICC Repo	WAN	Wells Fargo Bank, N.A.- FICC Rep
CTR	Citigroup Global Markets, Inc.- FICC Rep	MYC	Morgan Stanley Capital Services LLC	WFS	Wells Fargo Securities, LLC

Currency Abbreviations:
ARS	Argentine Peso	HUF	Hungarian Forint	PLN	Polish Zloty
AUD	Australian Dollar	IDR	Indonesian Rupiah	PYG	Paraguayan Guarani
AZN	Azerbaijani Manat	ILS	Israeli Shekel	QAR	Qatari Riyal
BRL	Brazilian Real	INR	Indian Rupee	RON	Romanian New Leu
CAD	Canadian Dollar	JPY	Japanese Yen	RSD	Serbian Dinar
CHF	Swiss Franc	KES	Kenyan Schilling	SAR	Saudi Riyal
CLP	Chilean Peso	KRW	South Korean Won	SEK	Swedish Krona
CNH	Chinese Renminbi (Offshore)	KWD	Kuwaiti Dinar	SGD	Singapore Dollar
CNY	Chinese Renminbi (Mainland)	KZT	Kazakhstani Tenge	THB	Thai Baht
COP	Colombian Peso	LKR	Sri Lankan Rupee	TRY	Turkish New Lira
CRC	Costa Rican Colon	MNT	Mongolian Tugrik	TWD	Taiwanese Dollar
CZK	Czech Koruna	MXN	Mexican Peso	UGX	Ugandan Shilling
DKK	Danish Krone	MYR	Malaysian Ringgit	USD (or $)	United States Dollar
DOP	Dominican Peso	NGN	Nigerian Naira	UYU	Uruguayan Peso
EGP	Egyptian Pound	NOK	Norwegian Krone	UZS	Uzbekistani Sum
EUR	Euro	NZD	New Zealand Dollar	VND	Vietnamese Dong
GBP	British Pound	PEN	Peruvian New Sol	ZAR	South African Rand
GHS	Ghanaian Cedi	PHP	Philippine Peso	ZMW	Zambian Kwacha
HKD	Hong Kong Dollar	PKR	Pakistani Rupee

Exchange Abbreviations:
CBOE	Chicago Board Options Exchange	EUREX	Eurex Exchange	LME	London Metal Exchange
CBOT	Chicago Board of Trade	FTSE	Financial Times Stock Exchange	NYBOT	New York Board of Trade
CME	Chicago Mercantile Exchange	ICE	IntercontinentalExchange^®	NYMEX	New York Mercantile Exchange
COMEX	Commodity Exchange, Inc.	KCBT	Kansas City Board of Trade	OTC	Over the Counter

Index/Spread Abbreviations:					8840%sxsv
ABX.HE	Asset-Backed Securities Index - Home Equity	CSIXTR	Credit Suisse U.S. Dollar Total Return Index	NDDUWXUS	MSCI Daily TR Net World Ex USA Index
BACVWSAV	BofA Merrill Lynch Basket Excess Return Strategy Index	DWRTFT	Dow Jones Wilshire REIT Total Return Index	NDUEACWF	MSCI ACWI Index Future
BBSW3M	3 Month Bank Bill Swap Rate	ERADXULN	RAE Fundamental International Large Net Total Return Index	NDUEEGF	iShares MSCI Emerging Markets ETF
BCOMF1NTC	Bloomberg Commodity Index 1-Month Forward Total Return Custom Index	ERAEMLN	RAE Fundamental Emerging Markets Net Total Return Index	PIMCODB	PIMCO Custom Commodity Basket
BCOMF1TC	Bloomberg Commodity Index 1-Month Forward Total Return	ERAEMLT	eRAFI Emerging Markets Strategy Index	PIMCODBU	PIMCO Custom Commodity Basket
BCOMIN	Bloomberg Industrial Metals Subindex	ERAUSLT	eRAFI U.S. Large Strategy Index	primex	Prime Mortgage-Backed Securities Index - Adjustable Rate Mortgage
BCOMPR	Bloomberg Precious Metals Sub-Index	ERAUSST	eRAFI U.S. Small Strategy Index	RALVEIEN	RAE Emerging Markets Low Volatility Equity Income Index
BCOMTR	Bloomberg Commodity Index Total Return	EUR003M	3 Month EUR Swap Rate	RALVEIIN	RAE International Net Low Volatility Equity Income Index
BCOMTR1	Bloomberg Custom Commodity Index	EUR006M	6 Month EUR Swap Rate	RALVEIIT	RAE International Low Volatility Equity Income Total Return Index
BCOMTR2	Bloomberg Custom Commodity Index	FEDL01	Federal funds effective rate	RALVEIUT	RA U.S. Low Volatility Equity Income Total Return Index
BISTREFI	Turkish Lira Overnight Reference Rate	FHMMUSTF	Federated Hermes US Treasury Cash Reserves Fund Yield	RBCACS0T	Custom Commodity Forward Index
BNMMDTSC	Dreyfus Treasury Securites Cash Management Fund Yield	FRCPXTOB	France Consumer Price ex-Tobacco Index	RBCACST0	Custom Commodity Forward Index
BOBL	Bundesobligation, the German word for federal government bond	GOLDLNPM	London Gold Market Fixing Ltd. PM	RU20INTR	Russell 2000 Total Return Index


BP0003M	3 Month GBP-LIBOR	GSMMUSTF	Goldman Sachs Money Market US Treasury Fund Index	S&P 500	Standard & Poor’s 500 Index
Brent	Brent Crude	GSMMUSTI	Goldman Sachs Money Market US Treasury Instrument Index	SFE	Sydney Futures Exchange
BRMMUSDF	BlackRock Money Market US Treasury Fund Index	H15T1Y	1 Year US Treasury Yield Curve Constant Maturity Rate	SIBCSORA	Singapore Overnight Rate Average
CAONINDX	Bloomberg CORRA Compounded Index	HSMMUSTF	HSBC UST Money Market Yield	SOFR	Secured Overnight Financing Rate
CAONREPO	Canadian Overnight Repo Rate Average	IBR	Indicador Bancario de Referencia	SOFRINDX	Secured Overnight Financing Rate Index
CDX.EM	Credit Derivatives Index - Emerging Markets	IBXXLLTR	iBoxx USD Liquid Leveraged Loan Index	SONIA	Sterling Overnight Interbank Average Rate
CDX.HY	Credit Derivatives Index - High Yield	JMABFNJ2	J.P. Morgan Custom Commodity Index	SONIA3M IR	Sterling Overnight Index Average 3 Month Index Rate
CDX.IG	Credit Derivatives Index - Investment Grade	JMABNIC5	J.P. Morgan Custom Commodity Index	SONIO	Sterling Overnight Interbank Average Rate
CIXBSTR3	Custom Commodity Index	JMMMUSTF	JP Morgan Money Market US Treasury Fund Index	SPGCINP	S&P GSCI Industrial Metals ER
CMBX	Commercial Mortgage-Backed Index	JPACWILV	J.P. Morgan Custom Equity Index	SRFXON3	Swiss Overnight Rate Average (6PM)
CMDSKEWLS	CBEO SKEW Index is an index derived from the price of S&P 500 tail risk	JY0003M	3 Month JPY-LIBOR	TSFR1M	Term SOFR 1-Month
CNREPOFIX	China Fixing Repo Rates 7-Day	MLPIREIL	Merrill Lynch Custom Equity Index	TSFR3M	Term SOFR 3-Month
CORRA	Canadian Overnight Repo Rate Average	MLPIREIS	Merrill Lynch Custom Equity Index	TSFR6M	Term SOFR 6-Month
CPALEMU	Euro Area All Items Non-Seasonally Adjusted Index	MSMMUSTF	MSILF Money Market US Treasury Fund Index	UKRPI	United Kingdom Retail Prices Index
CPI	Consumer Price Index	MUNIPSA	Securities Industry and Financial Markets Association (SIFMA) Municipal Swap Index	ULSD	Ultra-Low Sulfur Diesel
CPTFEMU	Eurozone HICP ex-Tobacco Index	MUTKCALM	Tokyo Overnight Average Rate	US0003M	ICE 3-Month USD LIBOR
CPURNSA	Consumer Price All Urban Non-Seasonally Adjusted Index	NDDUEAFE	MSCI EAFE Index	WIRON	Warsaw Interbank Offered Rate

Municipal Bond or Agency Abbreviations:
ACA	American Capital Access Holding Ltd.	CNTY	County Guaranteed	HUD	U.S. Department of Housing and Urban Development
AGC	Assured Guaranty Corp.	CR	Custodial Receipts	NPFGC	National Public Finance Guarantee Corp.
AGM	Assured Guaranty Municipal	FHA	Federal Housing Administration	PSF	Public School Fund
AMBAC	American Municipal Bond Assurance Corp.	FHLMC	Federal Home Loan Mortgage Corp.	Q-SBLF	Qualified School Bond Loan Fund
BAM	Build America Mutual Assurance	FNMA	Federal National Mortgage Association	SGI	Syncora Guarantee, Inc.
CM	California Mortgage Insurance	GNMA	Government National Mortgage Association

Other Abbreviations:
ABS	Asset-Backed Security	JIBAR	Johannesburg Interbank Agreed Rate	REMIC	Real Estate Mortgage Investment Conduit
ALT	Alternate Loan Trust	JSC	Joint Stock Company	RMBS	Residential Mortgage-Backed Security
BABs	Build America Bonds	KLIBOR	Kuala Lumpur Interbank Offered Rate	SPDR	Standard & Poor’s Depositary Receipts
BBR	Bank Bill Rate	KORIBOR	Korea Interbank Offered Rate	STIBOR	Stockholm Interbank Offered Rate
BBSW	Bank Bill Swap Reference Rate	Lunar	Monthly payment based on 28-day periods. One year consists of 13 periods.	TBA	To-Be-Announced
BRL-CDI	Brazil Interbank Deposit Rate	MIBOR	Mumbai Interbank Offered Rate	TBD	To-Be-Determined
BTP	Buoni del Tesoro Poliennali “Long-term Treasury Bond”	MSCI	Morgan Stanley Capital International	TBD%	Interest rate to be determined when loan settles or at the time of funding
CDO	Collateralized Debt Obligation	NIBOR	Norwegian Interbank Offered Rate	TELBOR	Tel Aviv Inter-Bank Offered Rate
CHILIBOR	Chile Interbank Offered Rate	OAT	Obligations Assimilables du Trésor	THBFIX	Thai Baht Floating-Rate Fix
CLO	Collateralized Loan Obligation	OIS	Overnight Index Swap	THB-THOR	Thai Overnight Repurchase Rate
CMBS	Collateralized Mortgage-Backed Security	PIK	Payment-in-Kind	TIIE	Tasa de Interés Interbancaria de Equilibrio “Equilibrium Interbank Interest Rate”
DAC	Designated Activity Company	PRIBOR	Prague Interbank Offered Rate	WIBOR	Warsaw Interbank Offered Rate
EURIBOR	Euro Interbank Offered Rate	RBOB	Reformulated Blendstock for Oxygenate Blending	WTI	West Texas Intermediate
HIBOR	Hong Kong Interbank Offered Rate	REIT	Real Estate Investment Trust