The PIMCO Dividend and Income Builder Fund provide selected fixed income positions with global equity investments whereas the PIMCO EqS Dividend Fund provides an equity-focused fund for the investors.
The flexible mandate of both the funds provides opportunities to invest in both income and capital appreciation, unconstrained by geography, sector or issuer size.
The funds will be managed by Brad Kinkelaar and Cliff Remily, both executive vice presidents and portfolio managers based in PIMCO’s Newport Beach office will manage the funds.
Eve Tournier, an executive vice president also based in Newport Beach will manage fixed income positions in the Dividend and Income Builder fund.
PIMCO’s Newport Beach office managing director and head of global equities Neel Kashkari said that the two active equity platforms are aimed to provide solutions for creating stable attractive income and capital appreciation for the investors.
