# EDGAR Filing Document

**Accession Number:** 0001896329
**File Stem:** 0001099263-26-003122
**Filing Date:** 2026-3
**Character Count:** 41617
**Document Hash:** 54f0fb0362c898d92d08c20303d09ae0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-003122.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001099263-26-003122

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO Flexible Real Estate Income Fund
- **CENTRAL INDEX KEY:** 0001896329

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23779
- **FILM NUMBER:** 26705948

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** (888) 877-4626

**MAIL ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** PIMCO Flexible Real Estate Income Fund

- **b. Investment Company Act file number:** 811-23779

- **c. CIK number of Registrant:** 0001896329

- **d. LEI of Registrant:** 549300SFL5R6AT4FZ471

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 650 Newport Center Drive

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (844) 312-2113

**Item A.2. Information about the Series.**

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $628966992.04

**Total Liabilities:** $127745103.09

**Net Assets:** $501221888.95

**Cash Not Reported:** $21438621.89

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 2317.442300 | **1-Year:** 22.652600 | **5-Year:** 2659.575600 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 15420.095700 | **1-Year:** 37809.258600 | **5-Year:** 85573.886200 | **10-Year:** 29900.494900 | **30-Year:** 37.926900

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.08%               | 0.98%                | 0.47%                |
| Class ID N/A | -0.08%               | 0.98%                | 0.47%                |
| Class ID N/A | -0.01%               | 1.03%                | 0.54%                |
| Class ID N/A | -0.01%               | 1.03%                | 0.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $407581.90               | $-3338711.67                               |
| Month 2  | $455936.49               | $2115093.46                                |
| Month 3  | $196644.76               | $-331850.89                                |

**Designated Index Information**

- **Index Name:** Fund Securities Portfolio

- **Index Identifier:** 0

### Schedule of Portfolio Investments

| Name                                                       | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NOVASTAR HOME EQUITY LOAN 2006-3                           | NOVASTAR HOME EQUITY LOAN NHEL 2006 3 A2C                 | CUSIP: 66988WAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    590141 | PA      | $273779.67    | 0.05%             | 2036-10-25      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| INDYMAC RESIDENTIAL ASSET BACKED 2007-A                    | INDYMAC RESIDENTIAL ASSET BACK INABS 2007 A 2A4B          | CUSIP: 43710BAS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10000000 | PA      | $4199188.00   | 0.84%             | 2037-04-25      | Floating      | 4.30%                 | No            |                  2 | On Loan: No      |
| LEHMAN MORTGAGE TRUST 2007-9                               | LEHMAN MORTGAGE TRUST LMT 2007 9 2A2                      | CUSIP: 52522XAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5739662 | PA      | $1336400.51   | 0.27%             | 2037-10-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EAST ARGENT                                                | EAST ARGENT FIXED DELAYED DRAW TERM LOAN                  | CUSIP: BA000PTF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  27445634 | PA      | $27395317.84  | 5.47%             | 2028-02-07      | Fixed         | 2.44%                 | No            |                  3 | On Loan: No      |
| PTHW 2025-RTL1 PT                                          | PTHW 2025 RTL1 PT                                         | CUSIP: 990ABZHM5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11393183 | PA      | $11490086.79  | 2.29%             | 2045-11-01      | Fixed         | 7.75%                 | Yes           |                  3 | On Loan: No      |
| ALTERNATIVE LOAN TRUST 2007-20                             | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2007 20 A12          | CUSIP: 02151LAM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3166361 | PA      | $1677296.54   | 0.33%             | 2047-08-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-LP2                      | BX TRUST BX 2022 LP2 G 144A                               | CUSIP: 05610HAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     70000 | PA      | $70087.37     | 0.01%             | 2039-02-15      | Floating      | 7.86%                 | No            |                  2 | On Loan: No      |
| N/A                                                        | SOLD CAD BOUGHT USD 20260114                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $-173661.45   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE8                      | MORGAN STANLEY CAPITAL INC MSAC 2006 HE8 A2B              | CUSIP: 61750SAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6569585 | PA      | $2895959.18   | 0.58%             | 2036-10-25      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| ALIGNED DATA CENTERS INTERNATIONAL LP                      | ALIGNED DATA CENTERS INTNL LP 2024 DELAYED DRAW TERM LOAN | CUSIP: BA000K3P4<br>LEI: 2549007PAQ06QVDCLR50 | Long             | LON              | CORP              | US        |  10000000 | PA      | $10006423.30  | 2.00%             | 2029-12-18      | Floating      | 3.99%                 | No            |                  3 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS, INC. 2008-QR1                  | RESIDENTIAL ACCREDIT LOANS, IN RALI 2008 QR1 1A4          | CUSIP: 74925FAD5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2584288 | PA      | $2106751.91   | 0.42%             | 2036-08-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST 2021-R01               | FANNIE MAE   CAS CAS 2021 R01 1B2 144A                    | CUSIP: 20754RAJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    300000 | PA      | $309901.53    | 0.06%             | 2041-10-25      | Floating      | 9.87%                 | No            |                  2 | On Loan: No      |
| NOMURA ASSET ACCEPTANCE CORP 2006-AR2                      | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 AR2 3A1           | CUSIP: 65535VUS5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10510257 | PA      | $2149756.46   | 0.43%             | 2036-04-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| WHLN 2025-CV3-RF-FF5                                       | WHLN 2025 CV3 RF FF5                                      | CUSIP: 990ABBLW1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  35855556 | PA      | $35889263.19  | 7.16%             | 2027-10-01      | Fixed         | 8.62%                 | Yes           |                  3 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2006-WF1                        | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 WF1 A5          | CUSIP: 46628SAH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    543099 | PA      | $140931.42    | 0.03%             | 2036-07-25      | Variable      | 6.91%                 | No            |                  2 | On Loan: No      |
| PURE INDUSTRIAL REAL ESTATE TRUST                          | PURE INDUSTRIAL MTV2 CAD TERM LOAN                        | CUSIP: BA0002R11<br>LEI: 549300PFFODDJTXXMD95 | Long             | LON              | CORP              | CA        |  12495542 | PA      | $8838965.55   | 1.76%             | 2026-09-09      | Floating      | 4.74%                 | No            |                  3 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TR 2007-1                     | RENAISSANCE HOME EQUITY LOAN T RAMC 2007 1 AF5            | CUSIP: 75970JAH9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9702301 | PA      | $2559077.82   | 0.51%             | 2037-04-25      | Variable      | 5.91%                 | No            |                  2 | On Loan: No      |
| EXR BRIDGE LENDING SCOTTSDALE                              | EXR BRIDGE LENDING 2024 SCOTTSDALE SR DDTL                | CUSIP: BA0006QH8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  25480000 | PA      | $25365340.00  | 5.06%             | 2029-06-30      | Floating      | 7.24%                 | Yes           |                  3 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2015-3                       | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2015 3 1A3 144A       | CUSIP: 17323LAD9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9172452 | PA      | $8328307.86   | 1.66%             | 2036-03-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| GREENPOINT MTGE FUNDING TR 2005-AR4                        | GREENPOINT MORTGAGE FUNDING TR GPMF 2005 AR4 2A1          | CUSIP: 39538WBU1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   8498881 | PA      | $5775334.94   | 1.15%             | 2045-10-25      | Floating      | 4.39%                 | No            |                  2 | On Loan: No      |
| HARBOR CAPITAL LLC                                         | ARLINGTON 4 PACK TERM LOAN                                | CUSIP: BA000TNX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6098750 | PA      | $6037762.50   | 1.20%             | 2026-03-19      | Floating      | 7.73%                 | No            |                  3 | On Loan: No      |
| AVALONBAY COMMUNITIES INC                                  | AVALONBAY COMMUNITIES INC REIT USD.01                     | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     64972 | NS      | $11780073.32  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSEX PROPERTY TRUST INC                                   | ESSEX PROPERTY TRUST INC REIT USD.0001                    | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |     15561 | NS      | $4072002.48   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUITY RESIDENTIAL                                         | EQUITY RESIDENTIAL REIT USD.01                            | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |    127833 | NS      | $8058592.32   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES GOVT                                         | TREASURY BILL 04/26 0.00000                               | CUSIP: 912797TG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1089815.03   | 0.22%             | 2026-04-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                         | TREASURY BILL 04/26 0.00000                               | CUSIP: 912797TJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1900000 | PA      | $1879757.19   | 0.38%             | 2026-04-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WITNICK REAL ESTATE PARTNERS LLC                           | ASTORIA 2 PACK REAL329Z1                                  | CUSIP: 957IKVII6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  16107933 | PA      | $16107933.08  | 3.21%             | 2099-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| COMMERCIAL MTAGE PASSTHRU CERT 2005-C6                     | COMM MORTGAGE TRUST COMM 2005 C6 G 144A                   | CUSIP: 126171AS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     96386 | PA      | $90685.48     | 0.02%             | 2044-06-10      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| BX-2021-SDMF                                               | BX TRUST BX 2021 SDMF F 144A                              | CUSIP: 12434CAQ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9279761 | PA      | $9250536.46   | 1.85%             | 2034-09-15      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                         | TREASURY BILL 04/26 0.00000                               | CUSIP: 912797TH0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4950189.25   | 0.99%             | 2026-04-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARROWMARK COLORADO HOLDINGS LLC (AKA: ARROWPOINT PARTNERS) | WASTE MNGNT INDSTIAL PORTFOLIO DELAYED DRAW TERM LOAN     | CUSIP: BA0005724<br>LEI: IF16UMXNLJ3CKISVCS83 | Long             | LON              | CORP              | US        |  12875000 | PA      | $12871287.49  | 2.57%             | 2029-07-07      | None          | 7.20%                 | Yes           |                  3 | On Loan: No      |
| UDR INC                                                    | UDR INC REIT USD.01                                       | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    209219 | NS      | $7674152.92   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| TERWIN MORTGAGE TRUST 2006-3                               | TERWIN MORTGAGE TRUST TMTS 2006 3 2A3 144A                | CUSIP: 881561W26<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  23587000 | PA      | $6615035.48   | 1.32%             | 2037-04-25      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| CAP STORAGE JOE BATTLE LLC                                 | EXR EL PASO DELAYED DRAW TERM LOAN                        | CUSIP: BA000R8T6<br>LEI: 254900TUOV47RAU4L944 | Long             | LON              | CORP              | US        |   8960000 | PA      | $8953348.19   | 1.79%             | 2029-05-05      | Floating      | 6.67%                 | No            |                  3 | On Loan: No      |
| NOMURA ASSET ACCEPTANCE CORP 2006-WF1                      | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 WF1 A2            | CUSIP: 65537BAB6<br>LEI: N0RUIPD25XQCBR0TK507 | Long             | ABS-MBS          | CORP              | US        |   2054329 | PA      | $524039.73    | 0.10%             | 2036-06-25      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| CAMDEN PROPERTY TRUST                                      | CAMDEN PROPERTY TRUST REIT USD.01                         | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     37071 | NS      | $4080775.68   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC STACR TRUST 2022-DNA1                          | FREDDIE MAC   STACR STACR 2022 DNA1 B2 144A               | CUSIP: 35564KQZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2000000 | PA      | $2106975.80   | 0.42%             | 2042-01-25      | Floating      | 10.97%                | No            |                  2 | On Loan: No      |
| WSTN TRUST 2023-MAUI                                       | WSTN TRUST WSTN 2023 MAUI E 144A                          | CUSIP: 92943AAJ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3000000 | PA      | $3042220.50   | 0.61%             | 2037-07-05      | Variable      | 9.83%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MTGE P/T 2006-AR6                        | WASHINGTON MUTUAL MORTGAGE PAS WMALT 2006 AR6 2A          | CUSIP: 93935FAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2405242 | PA      | $1404224.85   | 0.28%             | 2046-08-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                         | TREASURY BILL 03/26 0.00000                               | CUSIP: 912797TA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    400000 | PA      | $396839.86    | 0.08%             | 2026-03-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2006-QO6                        | RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QO6 A1           | CUSIP: 75114NAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6065560 | PA      | $1244286.57   | 0.25%             | 2046-06-25      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2007-QS7                        | RESIDENTIAL ACCREDIT LOANS, IN RALI 2007 QS7 1A1          | CUSIP: 74923WAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5020908 | PA      | $4234227.25   | 0.84%             | 2037-05-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CORINTHINA CAPITAL PARTNERS                                | AVIARA LAKE WORTH REAL029P6                               | CUSIP: 957HZZII3<br>LEI: N/A                  | Long             | RE               | CORP              | US        |   6325059 | OU      | $6508293.11   | 1.30%             |  |  |  | Yes           |                  3 | On Loan: No      |
| UNITED STATES GOVT                                         | TREASURY BILL 02/26 0.00000                               | CUSIP: 912797RT6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $597550.68    | 0.12%             | 2026-02-12      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2005-3                        | SAXON ASSET SECURITIES TRUST SAST 2005 3 M6               | CUSIP: 805564SX0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7091000 | PA      | $1638528.72   | 0.33%             | 2035-11-25      | Floating      | 4.90%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2006-HE8                      | MORGAN STANLEY CAPITAL INC MSAC 2006 HE8 A2C              | CUSIP: 61750SAE2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1603899 | PA      | $707142.51    | 0.14%             | 2036-10-25      | Floating      | 3.99%                 | No            |                  2 | On Loan: No      |
| BOX EQUITIES                                               | 1 RESEARCH PARK DR REALBX919                              | CUSIP: 955ZQTII9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  28853617 | PA      | $29014068.00  | 5.79%             | 2099-12-31      | None          | 0.00%                 | Yes           |                  3 | On Loan: No      |
| MERRILL LYNCH MORTGAGE INVS 2006-HE6                       | MERRILL LYNCH MORTGAGE INVESTO MLMI 2006 HE6 A2C          | CUSIP: 59023XAD8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2556697 | PA      | $795421.18    | 0.16%             | 2037-11-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| PIF CREDIT FACILITY                                        | RTL FINANCING LOC   BARCLAY S   PIF002491                 | CUSIP: 955PNU009<br>LEI: N/A                  | Short            | LON              | CORP              | US        | -55400000 | PA      | $-55400000.00 | -11.05%           | 2026-03-28      | Floating      | -5.53%                | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-IRON                     | BX TRUST BX 2021 IRON D 144A                              | CUSIP: 05608JAG8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5644267 | PA      | $5510459.74   | 1.10%             | 2038-02-15      | Floating      | 5.76%                 | No            |                  2 | On Loan: No      |
| SREIT                                                      | PROJECT SUMMIT TERM LOAN                                  | CUSIP: 948DBQII0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  14512527 | PA      | $14402231.31  | 2.87%             | 2026-05-09      | Floating      | 5.76%                 | No            |                  3 | On Loan: No      |
| RF RL HOLDINGS TRUST 2024-1                                | RF RL HOLDINGS TRUST RFLX 2024 1 A 144A                   | CUSIP: 74983QAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        | 105846546 | PA      | $105983935.76 | 21.15%            | 2055-01-28      | Fixed         | 9.15%                 | No            |                  3 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2006-7CB                     | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 7CB 1A7         | CUSIP: 12668BXY4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1934596 | PA      | $784697.29    | 0.16%             | 2036-05-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| RESIDENTIAL ASSET SECURITIZATION TRUST 2006-A15            | RESIDENTIAL ASSET SECURITIZATI RAST 2006 A15 A3           | CUSIP: 76114DAC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1336376 | PA      | $451998.83    | 0.09%             | 2037-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2006-AR5                     | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2006 AR5 2A2A         | CUSIP: 17309FAU2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2725672 | PA      | $1516762.17   | 0.30%             | 2036-07-25      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| JP MORGAN ALTERNATIVE LN TRUST 2007-A2                     | J.P. MORGAN ALTERNATIVE LOAN T JPALT 2007 A2 12A1         | CUSIP: 466278AC2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4738808 | PA      | $1724460.29   | 0.34%             | 2037-06-25      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| LEHMAN MORTGAGE TRUST 2007-10                              | LEHMAN MORTGAGE TRUST LMT 2007 10 3A1                     | CUSIP: 52522QAM4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   9831402 | PA      | $2221946.04   | 0.44%             | 2037-12-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MASTR ADJ RATE MTGE TRUST 2007-HF2                         | MASTR ADJUSTABLE RATE MORTGAGE MARM 2007 HF2 A2           | CUSIP: 57645TAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4321447 | PA      | $1670126.83   | 0.33%             | 2037-09-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2022-AHP                      | BX TRUST BX 2022 AHP E 144A                               | CUSIP: 05610FAF4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    175000 | PA      | $174629.21    | 0.03%             | 2039-01-17      | Floating      | 6.79%                 | No            |                  2 | On Loan: No      |
| CSMC 2022-RPL1 TRUST                                       | CREDIT SUISSE MORTGAGE TRUST CSMC 2022 RPL1 B1A 144A      | CUSIP: 12661QAG2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    491764 | PA      | $313018.91    | 0.06%             | 2061-04-25      | Variable      | 6.24%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA7                    | FREDDIE MAC   STACR STACR 2021 DNA7 B2 144A               | CUSIP: 35564KNE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1500000 | PA      | $1577416.80   | 0.31%             | 2041-11-25      | Floating      | 11.67%                | No            |                  2 | On Loan: No      |
| ATAM HOSPITALITY                                           | EXR BRIDGE LENDING 2025 SUGAR LAND TX DDTL                | CUSIP: BA000LSV2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   7040000 | PA      | $6999912.48   | 1.40%             | 2030-05-04      | Floating      | 7.24%                 | No            |                  3 | On Loan: No      |
| MID-AMERICA APARTMENT COMMUNITIES INC                      | MID AMERICA APARTMENT COMM REIT USD.01                    | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     28565 | NS      | $3967964.15   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ALEXANDRIA REAL ESTATE EQUITIES INC                        | ALEXANDRIA REAL ESTATE EQUIT REIT USD.01                  | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     32100 | NS      | $1570974.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP/DEUTSCHE BK COMM MTGE 2006-CD3                   | CD COMMERCIAL MORTGAGE TRUST CD 2006 CD3 AJ               | CUSIP: 14986DAJ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3575345 | PA      | $3394322.07   | 0.68%             | 2048-10-15      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I-2005-HQ7                          | MORGAN STANLEY CAPITAL I TRUST MSC 2005 HQ7 E             | CUSIP: 617451BW8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      1460 | PA      | $1460.28      | 0.00%             | 2042-11-14      | Variable      | 5.44%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                         | TREASURY BILL 03/26 0.00000                               | CUSIP: 912797ST5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1100000 | PA      | $1093516.67   | 0.22%             | 2026-03-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SODO HOUSE                                                 | SODO HOUSE FIXED TERM LOAN                                | CUSIP: BA00047Q4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6892210 | PA      | $6407688.01   | 1.28%             | 2026-01-09      | Fixed         | 11.99%                | No            |                  3 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA6                    | FREDDIE MAC   STACR STACR 2021 DNA6 B2 144A               | CUSIP: 35564KLV9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1700000 | PA      | $1775693.52   | 0.35%             | 2041-10-25      | Floating      | 11.37%                | No            |                  2 | On Loan: No      |
| RESIDENTIAL ACCREDIT LOANS 2006-QO6                        | RESIDENTIAL ACCREDIT LOANS, IN RALI 2006 QO6 A2           | CUSIP: 75114NAB0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4496586 | PA      | $944955.19    | 0.19%             | 2046-06-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| LUX 2023-LION                                              | LUX 2023 LION LUX 2023 LION C 144A                        | CUSIP: 55067LAE7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2860000 | PA      | $2857509.23   | 0.57%             | 2040-08-15      | Floating      | 7.69%                 | No            |                  2 | On Loan: No      |
| BX-2021-SDMF                                               | BX TRUST BX 2021 SDMF D 144A                              | CUSIP: 12434CAL8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2644732 | PA      | $2636177.82   | 0.53%             | 2034-09-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MTGE BACKED SEC TR 2005-AR7                    | WELLS FARGO MORTGAGE BACKED SE WFMBS 2005 AR7 B1          | CUSIP: 94982PAG4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1559053 | PA      | $1288495.66   | 0.26%             | 2035-05-25      | Floating      | 6.10%                 | No            |                  2 | On Loan: No      |
| N/A                                                        | BOUGHT CAD SOLD USD 20260114                              | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |         1 | NC      | $167.37       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2022-RRI      | NATIXIS COMMERCIAL MORTGAGE SE NCMS 2022 RRI E 144A       | CUSIP: 63875JAN8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    607500 | PA      | $604630.78    | 0.12%             | 2035-03-15      | Floating      | 8.94%                 | No            |                  2 | On Loan: No      |
| AG TRUST 2024-NLP                                          | AG TRUST AG 2024 NLP XCP 144A                             | CUSIP: 00792MAL7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  67040000 | PA      | $433919.75    | 0.09%             | 2026-08-15      | Variable      | 1.13%                 | No            |                  2 | On Loan: No      |
| HARBOR CAPITAL LLC                                         | HC HUMBLE 1 LLC TERM LOAN                                 | CUSIP: BA000CLP2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11546770 | PA      | $11546770.00  | 2.30%             | 2026-12-12      | Fixed         | 9.00%                 | No            |                  3 | On Loan: No      |
| GREENPOINT MTGE FUNDING TR 2005-AR4                        | GREENPOINT MORTGAGE FUNDING TR GPMF 2005 AR4 3A1          | CUSIP: 39538WBW7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6813708 | PA      | $5354581.72   | 1.07%             | 2045-10-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| CAMP 8                                                     | PROJECT YARDS FIXED DELAYED DRAW TERM LOAN                | CUSIP: BA000TZ13<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10000000 | PA      | $9998781.00   | 1.99%             | 2032-12-23      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CITIGROUP INC                                              | CITI REFLX PROJ SUMMIT LOC CITI PCREDJ9D6                 | CUSIP: 990ABFGA6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Short            | LON              | CORP              | US        | -10884395 | PA      | $-10884394.88 | -2.17%            | 2026-05-09      | Floating      | -5.60%                | No            |                  2 | On Loan: No      |
| NOMURA ASSET ACCEPT CORP 2006-AF2                          | NOMURA ASSET ACCEPTANCE CORPOR NAA 2006 AF2 5A1           | CUSIP: 65536XAN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  17814274 | PA      | $2578482.62   | 0.51%             | 2036-08-25      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| GREENPOINT MTGE FUNDING TR 2005-AR4                        | GREENPOINT MORTGAGE FUNDING TR GPMF 2005 AR4 4A2          | CUSIP: 39538WCA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    249320 | PA      | $218742.42    | 0.04%             | 2045-10-25      | Floating      | 4.57%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                         | UNITED STATES TREASURY BILL 04/26 0                       | CUSIP: 912797TK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6300000 | PA      | $6228690.75   | 1.24%             | 2026-04-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GID INVESTMENT ADVISERS LLC                                | BRIDGE I 5 SEATTLE GID DELAYED DRAW TERM LOAN             | CUSIP: BA000HV13<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  26750000 | PA      | $26733116.20  | 5.33%             | 2029-08-31      | Floating      | 4.67%                 | No            |                  3 | On Loan: No      |
| LUXE AND LEGENDS                                           | LUXE AND LEGENDS REAL0B992                                | CUSIP: 955KREII4<br>LEI: N/A                  | Long             | RE               | CORP              | US        |  10146400 | OU      | $10333173.21  | 2.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2006-6F                            | GSR MORTGAGE LOAN TRUST GSR 2006 6F 3A1                   | CUSIP: 36298BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  13961292 | PA      | $6311341.61   | 1.26%             | 2036-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SEASONED CREDIT RISK TRANSFER TRUST SERIES 2021-2          | FREDDIE MAC   SCRT SCRT 2021 2 BXS 144A                   | CUSIP: 35563P4Q9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  10930770 | PA      | $8030874.62   | 1.60%             | 2060-11-25      | Variable      | 11.94%                | No            |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST 2021-IRON                     | BX TRUST BX 2021 IRON E 144A                              | CUSIP: 05608JAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3762845 | PA      | $3644517.66   | 0.73%             | 2038-02-15      | Floating      | 6.21%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MTGE ACQUIS CORP 2006-WF1                        | JP MORGAN MORTGAGE ACQUISITION JPMAC 2006 WF1 A6          | CUSIP: 46628SAJ2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2015640 | PA      | $523738.04    | 0.10%             | 2036-07-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| HARBOR CAPITAL LLC                                         | HARBOR CAPITAL LLC EQTY0GUN5                              | CUSIP: 990ACAGG3<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    356794 | NS      | $356794.00    | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HARBOR CAPITAL LLC                                         | POP GUNN TERM LOAN                                        | CUSIP: BA000SCX0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8176150 | PA      | $7733175.27   | 1.54%             | 2028-11-20      | Floating      | 7.96%                 | No            |                  3 | On Loan: No      |
| GREGORY J. ERNE AND MICHAEL CURIS                          | TESLA SHWRM AND SRVCE CNTR LAN TERM LOAN                  | CUSIP: BA000Q843<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13798601 | PA      | $13699250.88  | 2.73%             | 2028-10-07      | Floating      | 7.03%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** PIMCO Flexible Real Estate Income Fund

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer