# EDGAR Filing Document

**Accession Number:** 0000810893
**File Stem:** 0000810893-25-002579
**Filing Date:** 2025-8
**Character Count:** 7815703
**Document Hash:** be130b257454f40fa9d646b682ed5d19
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000810893-25-002579.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000810893-25-002579

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO FUNDS
- **CENTRAL INDEX KEY:** 0000810893

**ORGANIZATION NAME:**
- **EIN:** 952632339
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05028
- **FILM NUMBER:** 251272274

**BUSINESS ADDRESS:**
- **STREET 1:** 650 NEWPORT CENTER DRIVE
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-720-6000

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

## Series and Classes Contracts Data

### PIMCO Low Duration Fund (Series ID: S000009691)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000026575 | Institutional  | PTLDX           |
| C000026576 | Administrative | PLDAX           |
| C000026577 | A              | PTLAX           |
| C000026579 | C              | PTLCX           |
| C000026581 | R              | PLDRX           |
| C000064143 | I-2            | PLDPX           |
| C000200445 | I-3            | PTLNX           |
| C000222833 | Class C-2      | PLCCX           |

## Nport-Ex

<br> Schedule of Investments PIMCO All Asset All Authority Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | SHARES | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN AFFILIATES 141.1%**  |  |  |
| **MUTUAL FUNDS (a) 140.1%**  |  |  |
| **PIMCO All Asset: Multi-Real Fund**  | 5018346 | $43760 |
| **PIMCO All Authority: Multi-RAE PLUS Fund**  | 17412924 | 188408 |
| **PIMCO CommodityRealReturn Strategy Fund**<sup>®</sup>  | 481762 | 6571 |
| **PIMCO Emerging Markets Currency and Short-Term Investments Fund**  | 7295923 | 55741 |
| **PIMCO Emerging Markets Local Currency and Bond Fund**  | 12831659 | 78786 |
| **PIMCO Extended Duration Fund**  | 820404 | 10411 |
| **PIMCO High Yield Fund**  | 7942022 | 64410 |
| **PIMCO High Yield Spectrum Fund**  | 1268893 | 11801 |
| **PIMCO Income Fund**  | 1027756 | 11069 |
| **PIMCO International Bond Fund (U.S. Dollar-Hedged)**  | 8161156 | 81122 |
| **PIMCO Investment Grade Credit Bond Fund**  | 684319 | 6220 |
| **PIMCO Long Duration Total Return Fund**  | 1676384 | 11936 |
| **PIMCO Long-Term Credit Bond Fund**  | 10795 | 95 |
| **PIMCO Long-Term Real Return Fund**  | 1561740 | 18101 |
| **PIMCO Long-Term U.S. Government Fund**  | 1132478 | 15741 |
| **PIMCO Low Duration Credit Fund**  | 557124 | 5075 |
| **PIMCO Low Duration Fund**  | 27601474 | 257522 |
| **PIMCO RAE Emerging Markets Fund**  | 3486278 | 39988 |
| **PIMCO RAE Fundamental Advantage PLUS Fund**  | 5258344 | 40594 |
| **PIMCO RAE International Fund**  | 1978093 | 17348 |
| **PIMCO RAE PLUS EMG Fund**  | 1224578 | 9184 |
| **PIMCO RAE PLUS International Fund**  | 1467625 | 11741 |
| **PIMCO RAE Worldwide Long/Short PLUS Fund**  | 5309938 | 39824 |
| **PIMCO Real Return Fund**  | 2465785 | 25373 |
| **PIMCO RealEstateRealReturn Strategy Fund**  | 3502884 | 91776 |
| **PIMCO Total Return Fund**  | 19316966 | 167671 |
| **PIMCO TRENDS Managed Futures Strategy Fund**  | 5808080 | 55758 |
| Total Mutual Funds (Cost $1,277,288) |  | 1366026 |
| **SHORT-TERM INSTRUMENTS 1.0%**  |  |  |
| **MUTUAL FUNDS 1.0%**  |  |  |
| **PIMCO Government Money Market Fund**<br> 4.480% (a)(b) | 9716756 | 9717 |
| Total Short-Term Instruments (Cost $9,717) |  | 9717 |
| Total Investments in Affiliates (Cost $1,287,005) |  | 1375743 |
| Total Investments 141.1% (Cost $1,287,005) |  | $1375743 |
| Other Assets and Liabilities, net (41.1)% |  | (400629) |
| Net Assets 100.0% |  | $975114 |

---

------

<br> Schedule of Investments PIMCO All Asset All Authority Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **(a)** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** |
| **(b)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 3 | Fair Value<br>at 06/30/2025 |
| Mutual Funds | Mutual Funds | $1366026 | $0 | $1366026 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | &nbsp;&nbsp;&nbsp;&nbsp;Mutual Funds | 9717 | 0 | 9717 |
| Total Investments | Total Investments | $1375743 | $0 | $1375743 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO All Asset Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | SHARES | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 0.0% ¤** |  |  |
| **MUTUAL FUNDS 0.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (b) | 510434 | $510 |
|  |  | 510 |
| Total Investments in Securities (Cost $510) |  | 510 |
| **INVESTMENTS IN AFFILIATES 100.5%**  |  |  |
| **MUTUAL FUNDS (a) 99.9%** |  |  |
| **PIMCO All Asset: Multi-RAE PLUS Fund**  | 191800900 | 2144334 |
| **PIMCO All Asset: Multi-Real Fund**  | 197810619 | 1724908 |
| **PIMCO Emerging Markets Currency and Short-Term Investments Fund**  | 64032828 | 489211 |
| **PIMCO Emerging Markets Local Currency and Bond Fund**  | 111537395 | 684840 |
| **PIMCO Extended Duration Fund**  | 9727725 | 123445 |
| **PIMCO High Yield Fund**  | 45835303 | 371724 |
| **PIMCO High Yield Spectrum Fund**  | 9540086 | 88723 |
| **PIMCO Income Fund**  | 13120331 | 141306 |
| **PIMCO International Bond Fund (U.S. Dollar-Hedged)**  | 37737504 | 375111 |
| **PIMCO Investment Grade Credit Bond Fund**  | 7270559 | 66089 |
| **PIMCO Long Duration Total Return Fund**  | 19447904 | 138469 |
| **PIMCO Long-Term Real Return Fund**  | 6544218 | 75847 |
| **PIMCO Long-Term U.S. Government Fund**  | 13285873 | 184674 |
| **PIMCO Low Duration Fund**  | 129008057 | 1203645 |
| **PIMCO RAE Emerging Markets Fund**  | 33575526 | 385111 |
| **PIMCO RAE Fundamental Advantage PLUS Fund**  | 45924831 | 354540 |
| **PIMCO RAE International Fund**  | 17762555 | 155778 |
| **PIMCO RAE PLUS EMG Fund**  | 13329429 | 99971 |
| **PIMCO RAE PLUS International Fund**  | 12337786 | 98702 |
| **PIMCO RAE U.S. Fund**  | 7581257 | 105152 |
| **PIMCO RAE U.S. Small Fund**  | 10302894 | 110344 |
| **PIMCO RAE Worldwide Long/Short PLUS Fund**  | 46908892 | 351817 |
| **PIMCO Real Return Fund**  | 8964191 | 92241 |
| **PIMCO RealEstateRealReturn Strategy Fund**  | 6168807 | 161623 |
| **PIMCO Total Return Fund**  | 97429301 | 845686 |
| **PIMCO TRENDS Managed Futures Strategy Fund**  | 44065169 | 423026 |
| Total Mutual Funds (Cost $10,381,393) |  | 10996317 |
| **SHORT-TERM INSTRUMENTS 0.6%**  |  |  |
| **MUTUAL FUNDS 0.6%**  |  |  |
| **PIMCO Government Money Market Fund**<br> 4.480% (a)(b) | 66114613 | 66114 |
| Total Short-Term Instruments (Cost $66,115) |  | 66114 |
| Total Investments in Affiliates (Cost $10,447,508) |  | 11062431 |
| Total Investments 100.5% (Cost $10,448,018) |  | $11062941 |
| Other Assets and Liabilities, net (0.5)% |  | (51468) |
| Net Assets 100.0% |  | $11011473 |

---

------

<br> Schedule of Investments PIMCO All Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **(a)** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** |
| **(b)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Mutual Funds | Mutual Funds | $0 | $510 | $0 | $510 |
|  |  | $0 | $510 | $0 | $510 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Mutual Funds | Mutual Funds | 10996317 | 0 | 0 | 10996317 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 66114 | 0 | 0 | 66114 |
|  |  | $11062431 | $0 | $0 | $11062431 |
| Total Investments | Total Investments | $11062431 | $510 | $0 | $11062941 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

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<br> Schedule of Investments PIMCO California Intermediate Municipal Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 95.4% ¤** |  |  |
| **MUNICIPAL BONDS & NOTES 89.3%**  |  |  |
| **ALABAMA 1.2%**  |  |  |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2021** <br>4.000% due 06/01/2051 | $1500 | $1519 |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2023** <br>5.500% due 10/01/2054 | 800 | 864 |
|  |  | 2383 |
| **ARIZONA 0.4%**  |  |  |
| **Pinal County School District No 20 Maricopa, Arizona General Obligation Bonds, (BAM Insured), Series 2025** <br>5.000% due 07/01/2041 | 725 | 765 |
| **CALIFORNIA 80.6%**  |  |  |
| **Alameda Corridor Transportation Authority, California Revenue Bonds, Series 2022** <br>5.300% due 10/01/2047 (b) | 2000 | 1141 |
| **Alameda County, California Joint Powers Authority Revenue Notes, Series 2023** <br>5.000% due 12/01/2032 | 1000 | 1151 |
| **Antelope Valley Community College District, California General Obligation Bonds, Series 2022**  |  |  |
| 0.000% due 08/01/2037 (a) | 1150 | 670 |
| 0.000% due 08/01/2038 (a) | 1755 | 960 |
| 0.000% due 08/01/2039 (a) | 1750 | 900 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2021** <br>2.370% due 04/01/2056 ~ | 1200 | 1191 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2024** <br>2.950% due 04/01/2059 | 2000 | 2000 |
| **Burbank-Glendale-Pasadena Airport Authority Brick Campaign, California Revenue Bonds, (AGM Insured), Series 2024** <br>4.250% due 07/01/2043 | 2000 | 1866 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2021** <br>4.000% due 02/01/2052 | 2000 | 1989 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2023**  |  |  |
| 5.000% due 02/01/2054  | 3800 | 4001 |
| 5.250% due 01/01/2054  | 1000 | 1048 |
| 5.250% due 11/01/2054  | 1750 | 1855 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2054  | 1000 | 1054 |
| 5.000% due 02/01/2055  | 3300 | 3509 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 01/01/2056  | 2365 | 2443 |
| 5.000% due 03/01/2056  | 2000 | 2125 |
| **California Educational Facilities Authority Revenue Bonds, Series 2025** <br>5.000% due 04/01/2038 | 1000 | 1102 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2016**  |  |  |
| 4.000% due 08/15/2036  | 1500 | 1502 |
| 4.000% due 03/01/2039  | 1500 | 1366 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2017** <br>4.000% due 11/01/2038 | 1500 | 1466 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2019** <br>5.000% due 10/01/2039 | 1110 | 1116 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2020** <br>4.000% due 04/01/2036 | 1650 | 1643 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2021** <br>4.000% due 11/01/2032 | 1000 | 1058 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2024** <br>5.000% due 12/01/2038 | 600 | 618 |
| **California Health Facilities Financing Authority Revenue Notes, Series 2025** <br>5.000% due 08/15/2035 | 2000 | 2293 |
| **California Housing Finance Agency Revenue Bonds, (FHLMC Insured), Series 2021** <br>3.750% due 03/25/2035 | 1896 | 1891 |
| **California Housing Finance Agency Revenue Bonds, Series 2021** <br>3.500% due 11/20/2035 | 1074 | 1003 |
| **California Housing Finance Agency Revenue Bonds, Series 2024** <br>5.970% due 11/01/2053 | 2000 | 2017 |
| **California Housing Finance Agency Revenue Bonds, Series 2025** <br>3.250% due 06/01/2055 | 2000 | 2005 |
| **California Housing Finance Agency Revenue Notes, Series 2024** <br>0.400% due 12/01/2027 | 1900 | 1900 |
| **California Housing Finance Revenue Bonds, (FNMA Insured), Series 2019** <br>2.350% due 12/01/2035 | 2500 | 2106 |
| **California Housing Finance Revenue Bonds, Series 2024**  |  |  |
| 5.700% due 06/01/2054  | 1750 | 1737 |
| 6.000% due 03/01/2053  | 2000 | 2022 |

---

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<br> Schedule of Investments PIMCO California Intermediate Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **California** **Municipal Finance Authority Certificates of Participation Bonds, (AGM Insured), Series 2022** <br>5.250% due 11/01/2036 | 1100 | 1163 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured), Series 2024** <br>4.000% due 10/01/2039 | 1250 | 1218 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured), Series 2025** <br>4.700% due 07/01/2041 | 1200 | 1204 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured),Series 2024** <br>4.450% due 12/01/2042 | 1800 | 1769 |
| **California Municipal Finance Authority Revenue Bonds, Series 2009** <br>3.300% due 02/01/2039 | 2000 | 1976 |
| **California Municipal Finance Authority Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 11/01/2036  | 1000 | 921 |
| 4.000% due 09/01/2040 (d)  | 1500 | 1305 |
| 4.150% due 07/01/2051  | 2200 | 2200 |
| **California Municipal Finance Authority Revenue Bonds, Series 2023** <br>4.375% due 09/01/2053 | 1000 | 994 |
| **California Municipal Finance Authority Revenue Bonds, Series 2024** <br>5.000% due 09/01/2054 | 500 | 509 |
| **California Municipal Finance Authority Revenue Bonds, Series 2025** <br>3.536% due 02/20/2041 | 1998 | 1704 |
| **California Municipal Finance Authority Revenue Notes, Series 2024** <br>5.000% due 05/01/2034 | 270 | 277 |
| **California Municipal Finance Authority Special Tax Bonds, Series 2024** <br>5.000% due 09/01/2044 | 625 | 626 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2015** <br>3.125% due 11/01/2040 | 1000 | 995 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2017** <br>4.250% due 11/01/2042 | 2000 | 2000 |
| **California Pollution Control Financing Authority Revenue Notes, Series 2019** <br>5.000% due 07/01/2029 | 1000 | 1024 |
| **California Public Finance Authority Revenue Bonds, Series 2022** <br>4.000% due 07/15/2038 | 1500 | 1505 |
| **California School Finance Authority Revenue Notes, Series 2016** <br>5.000% due 06/01/2026 | 120 | 120 |
| **California State General Obligation Bonds, Series 2015** <br>3.875% due 12/01/2030 | 1500 | 1486 |
| **California State General Obligation Bonds, Series 2016** <br>4.000% due 09/01/2034 | 1800 | 1802 |
| **California State University Revenue Bonds, Series 2016** <br>0.550% due 11/01/2049 | 1000 | 960 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2016**  |  |  |
| 5.000% due 05/15/2027  | 1000 | 1013 |
| 5.000% due 05/15/2032  | 500 | 505 |
| 5.250% due 12/01/2056  | 1100 | 1056 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2018** <br>5.500% due 12/01/2058 | 975 | 953 |
| **California Statewide Communities Development Authority Revenue Notes, Series 2016** <br>5.000% due 05/15/2026 | 1000 | 1012 |
| **California Statewide Communities Development Authority Special Assessment Bonds, Series 2024** <br>5.000% due 09/02/2044 | 1175 | 1204 |
| **Chino Valley Unified School District, California General Obligation Bonds, Series 2022** <br>0.000% due 08/01/2040 (a) | 3475 | 1769 |
| **Compton Unified School District, California General Obligation Bonds, (BAM Insured), Series 2019** <br>0.000% due 06/01/2037 (a) | 3515 | 2114 |
| **Corona Community Facilities District, California Special Tax Bonds, Series 2024** <br>5.000% due 09/01/2035 | 100 | 106 |
| **Corona Community Facilities District, California Special Tax Notes, Series 2024**  |  |  |
| 5.000% due 09/01/2032  | 135 | 144 |
| 5.000% due 09/01/2033  | 155 | 166 |
| 5.000% due 09/01/2034  | 100 | 107 |
| **Folsom Cordova Unified School District, California General Obligation Bonds, (AGM Insured), Series 2019** <br>4.000% due 10/01/2044 | 1000 | 931 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021**  |  |  |
| 3.487% due 06/01/2036  | 1000 | 835 |
| 3.714% due 06/01/2041  | 1000 | 766 |
| **Huntington Beach Union High School District, California Certificates of Participation Bonds, (AGM Insured), Series 2007** <br>0.000% due 09/01/2032 (a) | 1565 | 1230 |
| **Inland Empire Tobacco Securitization Corp. California Revenue Bonds, Series 2019** <br>3.678% due 06/01/2038 | 930 | 892 |
| **Irvine Unified School District, California Special Tax Notes, (BAM Insured),Series 2024** <br>5.000% due 09/01/2033 | 500 | 573 |
| **Irvine, California Special Assessment Bonds, Series 2004** <br>2.200% due 09/02/2029 | 2000 | 2000 |
| **Long Beach Unified School District, California General Obligation Bonds, Series 2015** <br>0.000% due 08/01/2037 (a) | 1750 | 1040 |
| **Long Beach, California Harbor Revenue Notes, Series 2017** <br>5.000% due 05/15/2027 | 1000 | 1038 |
| **Long Beach, California Senior Airport Revenue Refunding Bonds, (AGM Insured), Series 2022** <br>5.000% due 06/01/2036 | 1000 | 1097 |
| **Los Angeles County, California Development Authority Revenue Bonds, Series 2025** <br>3.350% due 09/01/2059 | 900 | 902 |
| **Los Angeles County, California Housing Development Authority, Revenue Bonds, Series 2023** <br>3.375% due 01/01/2046 | 1000 | 998 |
| **Los Angeles County, California Public Works Financing Authority Revenue Bonds, Series 2022** <br>5.000% due 12/01/2042 | 1500 | 1561 |

---

------

<br> Schedule of Investments PIMCO California Intermediate Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Los** **Angeles Department of Airports, California Revenue Bonds, Series 2017** <br>5.000% due 05/15/2041 | 1000 | 1000 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2018** <br>5.000% due 05/15/2031 | 1500 | 1574 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2022** <br>4.000% due 05/15/2041 | 2000 | 1883 |
| **Los Angeles Department of Airports, California Revenue Notes, Series 2017** <br>5.000% due 05/15/2027 | 1000 | 1016 |
| **Los Angeles Housing Authority, California Revenue Bonds, (FNMA Insured), Series 2024** <br>4.500% due 07/01/2046 | 1200 | 1142 |
| **Los Angeles Unified School District, California General Obligation Bonds, Series 2023** <br>5.000% due 07/01/2038 | 1000 | 1097 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2022** <br>5.000% due 07/01/2031 | 1410 | 1586 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2024** <br>5.000% due 07/01/2026 | 1500 | 1539 |
| **Mill Valley School District, California General Obligation Bonds, Series 2024** <br>4.000% due 08/01/2044 | 1000 | 927 |
| **Mountain House Community Facilities District, California Special Tax Notes, Series 2025** <br>4.250% due 09/01/2035 | 400 | 392 |
| **Mountain View-Whisman School District, California General Obligation Bonds, Series 2022** <br>4.000% due 09/01/2039 | 1000 | 1004 |
| **Napa Valley Unified School District, California General Obligation Bonds, Series 2025** <br>4.500% due 08/01/2055 | 1000 | 979 |
| **Northern California Gas Authority, Revenue Bonds, Series 2007** <br>3.775% (US0003M + 0.720%) due 07/01/2027 ~ | 880 | 879 |
| **Ontario Public Financing Authority, California Revenue Bonds, (AGM Insured), Series 2022** <br>5.000% due 11/01/2035 | 500 | 553 |
| **Port of Los Angeles, California Revenue Notes, Series 2024** <br>5.000% due 08/01/2031 | 1000 | 1091 |
| **River Islands Public Financing Authority, California Special Tax, (AGM Insured), Series 2022**  |  |  |
| 5.000% due 09/01/2032  | 535 | 585 |
| 5.000% due 09/01/2034  | 500 | 541 |
| **Riverside Unified School District, California Special Tax Bonds, Series 2024**  |  |  |
| 5.000% due 09/01/2039  | 315 | 322 |
| 5.000% due 09/01/2044  | 480 | 481 |
| **Riverside, California Sewer Revenue Bonds, Series 2015** <br>5.000% due 08/01/2028 | 1000 | 1002 |
| **Roseville, California Special Tax Bonds, Series 2015** <br>5.000% due 09/01/2026 | 1000 | 1002 |
| **Sacramento County, California Airport System Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 07/01/2040  | 1600 | 1722 |
| 5.000% due 07/01/2041  | 500 | 533 |
| **San Clemente, California Special Tax Bonds, Series 2015**  |  |  |
| 5.000% due 09/01/2030  | 280 | 281 |
| 5.000% due 09/01/2031  | 285 | 286 |
| 5.000% due 09/01/2032  | 475 | 477 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2021** <br>5.000% due 07/01/2034 | 2750 | 2907 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2023** <br>5.000% due 07/01/2039 | 1500 | 1540 |
| **San Diego County, California Water Authority Revenue Bonds, Series 2022** <br>5.000% due 05/01/2052 | 1130 | 1174 |
| **San Diego Housing Authority, Inc., California Revenue Bonds,(FHLMC Insured), Series 2024** <br>4.200% due 06/01/2040 | 2480 | 2368 |
| **San Diego Public Facilities Financing Authority, California Revenue Bonds, Series 2020**  |  |  |
| 4.000% due 08/01/2038  | 1610 | 1615 |
| 4.000% due 08/01/2045  | 1375 | 1268 |
| **San Dieguito Union High School District, California General Obligation Bonds, Series 2015** <br>4.000% due 02/01/2040 | 2000 | 2002 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2019**  |  |  |
| 5.000% due 05/01/2038  | 1065 | 1085 |
| 5.000% due 05/01/2049  | 1040 | 1029 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Notes, Series 2024** <br>5.000% due 05/01/2032 | 1000 | 1085 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Notes, Series 2025** <br>5.000% due 05/01/2035 | 1560 | 1692 |
| **San Francisco, California City & County Certificates of Participation Bonds, Series 2021** <br>4.000% due 04/01/2034 | 1000 | 1010 |
| **San Francisco, California City & County Public Utilities Commission Power Revenue Bonds, Series 2023** <br>5.000% due 11/01/2048 | 1250 | 1281 |
| **San Francisco, California Public Utilities Commission Water Revenue Bonds, Series 2016** <br>4.000% due 11/01/2039 | 1000 | 983 |
| **San Joaquin Valley Clean Energy Authority, California Revenue Bonds, Series 2025** <br>5.500% due 01/01/2056 | 3300 | 3622 |
| **San Marcos Redevelopment Agency Successor Agency, California Tax Allocation Bonds, Series 2015** <br>5.000% due 10/01/2030 | 1800 | 1809 |
| **San Marcos Unified School District, California General Obligation Bonds, Series 2025** <br>5.000% due 08/01/2041 | 700 | 755 |
| **Santa Ana Unified School District, California General Obligation Bonds, (NPFGC Insured), Series 2002** <br>0.000% due 08/01/2026 (a) | 380 | 367 |
| **Santa Clara Valley Water District, California Revenue Bonds, Series 2024** <br>5.000% due 06/01/2039 | 500 | 562 |
| **Santa Cruz City High School District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2042 | 1500 | 1409 |

---

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<br> Schedule of Investments PIMCO California Intermediate Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Silicon** **Valley Clean Water, California Revenue Notes, Series 2021** <br>0.500% due 03/01/2026 | 2500 | 2454 |
| **Southwestern Community College District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2042 | 1845 | 1731 |
| **State Center Community College District, California General Obligation Bonds, Series 2022** <br>5.000% due 08/01/2040 | 500 | 539 |
| **Stockton Public Financing Authority, California Revenue Bonds, (BAM Insured), Series 2018** <br>5.000% due 10/01/2029 | 1000 | 1073 |
| **Tobacco Securitization Authority of Southern California Revenue Bonds, Series 2019** <br>5.000% due 06/01/2034 | 500 | 518 |
| **Tustin Community Facilities District, California Special Tax Bonds, Series 2015**  |  |  |
| 5.000% due 09/01/2027  | 800 | 803 |
| 5.000% due 09/01/2029  | 300 | 301 |
| **Vista Joint Powers Financing Authority, California Revenue Notes, Series 2025** <br>5.000% due 05/01/2033 | 500 | 571 |
|  |  | 165965 |
| **FLORIDA 0.2%**  |  |  |
| **Tampa, Florida Revenue Bonds, Series 2020** <br>0.000% due 09/01/2034 (a) | 650 | 444 |
| **GEORGIA 0.4%**  |  |  |
| **Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2023** <br>5.000% due 12/01/2053 | 700 | 738 |
| **MICHIGAN 0.7%**  |  |  |
| **Detroit, Michigan Sewage Disposal System Revenue Bonds, (AGM Insured), Series 2006** <br>3.655% due 07/01/2032 ~ | 1500 | 1480 |
| **MULTI-STATE 2.0%**  |  |  |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2023**  |  |  |
| 2.250% due 09/25/2037  | 1466 | 1225 |
| 4.033% due 12/25/2036  | 1270 | 1271 |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2024** <br>3.541% due 11/25/2038 | 1786 | 1667 |
|  |  | 4163 |
| **NEW HAMPSHIRE 0.7%**  |  |  |
| **New Hampshire Business Finance Authority Revenue Bonds, Series 2024** <br>3.925% due 07/20/2039 | 1593 | 1480 |
| **PENNSYLVANIA 0.5%**  |  |  |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2022** <br>5.500% due 06/30/2037 | 1000 | 1073 |
| **PUERTO RICO 2.1%**  |  |  |
| **Puerto Rico Electric Power Authority Revenue Bonds, (AGM Insured), Series 2007** <br>3.568% (US0003M + 0.520%) due 07/01/2029 ~ | 720 | 688 |
| **Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018**  |  |  |
| 0.000% due 07/01/2031 (a)  | 2000 | 1563 |
| 5.000% due 07/01/2058  | 1250 | 1177 |
| **Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2019** <br>4.550% due 07/01/2040 | 1000 | 960 |
|  |  | 4388 |
| **TEXAS 0.5%**  |  |  |
| **Tarrant County, Texas Cultural Education Facilities Finance Corp. Revenue Bonds, Series 2022** <br>5.000% due 11/15/2052 | 1000 | 1076 |
| Total Municipal Bonds & Notes (Cost $184,747) |  | 183955 |
| **U.S. GOVERNMENT AGENCIES 5.2%**  |  |  |
| **Freddie Mac**  |  |  |
| 3.600% due 12/01/2040 | 1971 | 1795 |
| 3.660% due 01/01/2039 | 1956 | 1833 |
| 3.720% due 01/01/2041 | 1973 | 1818 |
| 3.850% due 02/01/2038 - 07/01/2041 | 4558 | 4282 |

---

------

<br> Schedule of Investments PIMCO California Intermediate Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.850% due 08/01/2038 | 982 | 1028 |
| Total U.S. Government Agencies (Cost $10,546) |  | 10756 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.9%**  |  |  |
| **MUTUAL FUNDS 0.2%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (c) | 469385 | 469 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **MUNICIPAL BONDS & NOTES 0.7%**  |  |  |
| **Santa Cruz County, California Revenue Notes, Series 2024** <br>5.000% due 07/01/2025 | $1400 | 1400 |
| Total Municipal Bonds & Notes (Cost $1,400) |  | 1400 |
| Total Short-Term Instruments (Cost $1,869) |  | 1869 |
| Total Investments in Securities (Cost $197,162) |  | 196580 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 3.9%**  |  |  |
| **SHORT-TERM INSTRUMENTS 3.9%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 3.9%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 830099 | 8083 |
| Total Short-Term Instruments (Cost $8,082) |  | 8083 |
| Total Investments in Affiliates (Cost $8,082) |  | 8083 |
| Total Investments 99.3% (Cost $205,244) |  | $204663 |
| Other Assets and Liabilities, net 0.7% |  | 1355 |
| Net Assets 100.0% |  | $206018 |

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------

<br> Schedule of Investments PIMCO California Intermediate Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(c)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(d)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Coupon | Coupon | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date |  | Cost | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| California Municipal Finance Authority Revenue Bonds, Series 2021 | % | % | 09/01/2040 | 02/18/2025 | 02/18/2025 | $ | 1360 | 1305 | 0.63% |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Alabama | Alabama | $ | $0 | 0 | $2383 | 2383 | $0 | $2383 | 2383 |
| Arizona | Arizona |  | 0 | 0 | 765 | 765 | 0 | 765 | 765 |
| California | California |  | 0 | 0 | 165965 | 165965 | 0 | 165965 | 165965 |
| Florida | Florida |  | 0 | 0 | 444 | 444 | 0 | 444 | 444 |
| Georgia | Georgia |  | 0 | 0 | 738 | 738 | 0 | 738 | 738 |
| Michigan | Michigan |  | 0 | 0 | 1480 | 1480 | 0 | 1480 | 1480 |
| Multi-State | Multi-State |  | 0 | 0 | 4163 | 4163 | 0 | 4163 | 4163 |
| New Hampshire | New Hampshire |  | 0 | 0 | 1480 | 1480 | 0 | 1480 | 1480 |
| Pennsylvania | Pennsylvania |  | 0 | 0 | 1073 | 1073 | 0 | 1073 | 1073 |
| Puerto Rico | Puerto Rico |  | 0 | 0 | 4388 | 4388 | 0 | 4388 | 4388 |
| Texas | Texas |  | 0 | 0 | 1076 | 1076 | 0 | 1076 | 1076 |
| U.S. Government Agencies | U.S. Government Agencies |  | 0 | 0 | 10756 | 10756 | 0 | 10756 | 10756 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds |  | 0 | 0 | 469 | 469 | 0 | 469 | 469 |
| Municipal Bonds & Notes | Municipal Bonds & Notes |  | 0 | 0 | 1400 | 1400 | 0 | 1400 | 1400 |
|  |  | $ | $0 | 0 | $196580 | 196580 | $0 | $196580 | 196580 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $ | $8083 | 8083 | $0 | 0 | $0 | $8083 | 8083 |
| Total Investments | Total Investments | $ | $8083 | 8083 | $196580 | 196580 | $0 | $204663 | 204663 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 97.3% ¤** |  |  |
| **MUNICIPAL BONDS & NOTES 92.0%**  |  |  |
| **ARIZONA 0.5%**  |  |  |
| **Pinal County School District No 20 Maricopa, Arizona General Obligation Bonds, (BAM Insured), Series 2025**  |  |  |
| 5.000% due 07/01/2042  | $750 | $784 |
| 5.000% due 07/01/2044  | 1100 | 1137 |
|  |  | 1921 |
| **CALIFORNIA 85.8%**  |  |  |
| **Alameda Corridor Transportation Authority, California Revenue Bonds, (AGM Insured), Series 2024** <br>0.000% due 10/01/2053 (c) | 3800 | 942 |
| **Alameda Corridor Transportation Authority, California Revenue Bonds, Series 2022** <br>0.000% due 10/01/2050 (d) | 3000 | 1673 |
| **Alhambra Unified School District, California General Obligation Bonds, Series 2022** <br>5.250% due 08/01/2047 | 1000 | 1052 |
| **Anaheim Housing & Public Improvements Authority, California Revenue Bonds, Series 2024** <br>3.200% due 10/01/2054 | 3500 | 3500 |
| **Anaheim Union High School District, California General Obligation Bonds, Series 2025** <br>4.375% due 08/01/2047 | 4000 | 3926 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2017**  |  |  |
| 2.950% due 04/01/2047  | 100 | 100 |
| 5.000% due 04/01/2056  | 250 | 261 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2023** <br>2.950% due 04/01/2055 | 6000 | 6000 |
| **Bay Area Toll Authority, California Revenue Notes, Series 2025** <br>5.000% due 04/01/2033 | 1250 | 1444 |
| **Burbank-Glendale-Pasadena Airport Authority Brick Campaign, California Revenue Bonds, (AGM Insured), Series 2024** <br>4.125% due 07/01/2041 | 2000 | 1853 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2021** <br>4.000% due 02/01/2052 | 2000 | 1989 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2023**  |  |  |
| 5.000% due 02/01/2054  | 600 | 632 |
| 5.250% due 01/01/2054  | 750 | 786 |
| 5.250% due 11/01/2054  | 1500 | 1590 |
| 5.500% due 10/01/2054  | 995 | 1067 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2054  | 5000 | 5271 |
| 5.000% due 01/01/2055  | 4000 | 4135 |
| 5.000% due 02/01/2055  | 5500 | 5850 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2025** <br>5.000% due 01/01/2056 | 4120 | 4255 |
| **California Community Housing Agency Revenue Bonds, Series 2021** <br>4.000% due 02/01/2056 | 1500 | 737 |
| **California Community Housing Agency Revenue Bonds, Series 2022** <br>4.500% due 08/01/2052 | 250 | 191 |
| **California County Tobacco Securitization Agency Revenue Bonds, Series 2020**  |  |  |
| 4.000% due 06/01/2049  | 1000 | 849 |
| 5.000% due 06/01/2050  | 1020 | 954 |
| **California Educational Facilities Authority Revenue Bonds, Series 2017** <br>5.000% due 04/01/2042 | 300 | 301 |
| **California Educational Facilities Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 04/01/2039  | 1500 | 1634 |
| 5.000% due 04/01/2041  | 760 | 809 |
| 5.000% due 10/01/2055  | 1500 | 1545 |
| **California Enterprise Development Authority Revenue Bonds, Series 2024** <br>5.000% due 06/01/2049 | 2200 | 2226 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2015** <br>5.000% due 08/15/2054 | 200 | 200 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2016**  |  |  |
| 4.000% due 08/15/2036  | 1250 | 1252 |
| 4.000% due 10/01/2036  | 1000 | 982 |
| 4.000% due 11/15/2041  | 100 | 93 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2017** <br>4.000% due 11/01/2038 | 2500 | 2443 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2020** <br>4.000% due 04/01/2040 | 1000 | 943 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2021** <br>4.000% due 11/01/2033 | 1000 | 1046 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2023** <br>2.500% due 03/01/2041 | 3500 | 3500 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2024** <br>5.000% due 11/15/2044 | 1500 | 1558 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **California** **Health Facilities Financing Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 10/01/2050 (a)  | 4000 | 4307 |
| 5.250% due 08/15/2050  | 2500 | 2633 |
| **California Housing Finance Agency Revenue Bonds, (FHLMC Insured), Series 2024** <br>4.100% due 07/01/2040 | 1900 | 1846 |
| **California Housing Finance Agency Revenue Bonds, (FNMA Insured), Series 2024** <br>4.250% due 08/01/2041 | 2990 | 2930 |
| **California Housing Finance Agency Revenue Bonds, Series 2024** <br>5.970% due 11/01/2053 | 1750 | 1765 |
| **California Housing Finance Agency Revenue Bonds, Series 2025** <br>3.250% due 06/01/2055 | 4000 | 4011 |
| **California Housing Finance Agency Revenue Notes, Series 2024** <br>0.400% due 12/01/2027 | 3000 | 3000 |
| **California Housing Finance Revenue Bonds, (FNMA Insured), Series 2019** <br>2.350% due 12/01/2035 | 227 | 191 |
| **California Housing Finance Revenue Bonds, Series 2019** <br>4.000% due 03/20/2033 | 648 | 649 |
| **California Housing Finance Revenue Bonds, Series 2024**  |  |  |
| 5.700% due 06/01/2054  | 1750 | 1737 |
| 6.000% due 03/01/2053  | 1500 | 1516 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2020**  |  |  |
| 0.000% due 01/01/2060 (c)  | 4000 | 313 |
| 4.000% due 07/01/2050  | 1000 | 887 |
| 4.125% due 01/01/2035  | 455 | 423 |
| 5.000% due 01/01/2055  | 480 | 401 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 06/01/2039  | 2500 | 2774 |
| 5.125% due 07/01/2054  | 1000 | 905 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2025** <br>5.000% due 05/15/2042 | 2240 | 2387 |
| **California Municipal Finance Authority Certificates of Participation Bonds, (AGM Insured), Series 2022** <br>5.250% due 11/01/2035 | 1175 | 1252 |
| **California Municipal Finance Authority Revenue Bonds, (BAM Insured), Series 2021** <br>4.000% due 05/15/2046 | 300 | 277 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured), Series 2024** <br>4.000% due 10/01/2039 | 2000 | 1949 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured), Series 2025** <br>4.700% due 07/01/2041 | 2300 | 2307 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured),Series 2024** <br>4.450% due 12/01/2042 | 1900 | 1867 |
| **California Municipal Finance Authority Revenue Bonds, Series 2017** <br>5.000% due 01/01/2042 | 1750 | 1751 |
| **California Municipal Finance Authority Revenue Bonds, Series 2018**  |  |  |
| 4.000% due 12/31/2047  | 350 | 292 |
| 5.000% due 12/31/2043  | 1000 | 977 |
| **California Municipal Finance Authority Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 11/01/2036  | 1495 | 1377 |
| 4.000% due 09/01/2040 (e)  | 2610 | 2270 |
| 4.000% due 09/01/2050 (e)  | 1110 | 887 |
| **California Municipal Finance Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 09/01/2054  | 2000 | 2035 |
| 6.000% due 01/01/2039  | 1000 | 1013 |
| **California Municipal Finance Authority Revenue Bonds, Series 2025**  |  |  |
| 3.536% due 02/20/2041  | 3497 | 2982 |
| 5.125% due 11/01/2040  | 1350 | 1354 |
| **California Municipal Finance Authority Special Tax Bonds, Series 2024**  |  |  |
| 5.000% due 09/01/2048  | 400 | 398 |
| 5.125% due 09/01/2054  | 500 | 489 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2016** <br>4.750% due 11/01/2046 | 130 | 119 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2017** <br>4.250% due 11/01/2042 | 3000 | 3001 |
| **California Public Finance Authority Revenue Bonds, Series 2019** <br>6.250% due 07/01/2054 | 1750 | 1791 |
| **California Public Finance Authority Revenue Bonds, Series 2025** <br>5.000% due 11/01/2054 | 2000 | 1987 |
| **California School Finance Authority Revenue Bonds, Series 2016**  |  |  |
| 4.500% due 06/01/2031 ^(b)  | 250 | 150 |
| 5.000% due 06/01/2046  | 300 | 273 |
| 5.000% due 08/01/2046  | 1825 | 1703 |
| **California School Finance Authority Revenue Bonds, Series 2017** <br>5.000% due 07/01/2047 | 1115 | 1068 |
| **California School Finance Authority Revenue Bonds, Series 2024** <br>5.000% due 07/01/2064 | 1000 | 955 |
| **California State General Obligation Bonds, Series 2004** <br>1.650% due 05/01/2034 | 1300 | 1300 |
| **California State General Obligation Bonds, Series 2015** <br>3.875% due 12/01/2030 | 1000 | 991 |
| **California State General Obligation Bonds, Series 2016** <br>4.000% due 09/01/2034 | 2905 | 2909 |
| **California State General Obligation Bonds, Series 2017** <br>4.000% due 11/01/2047 | 275 | 250 |
| **California State General Obligation Bonds, Series 2019** <br>5.000% due 04/01/2032 | 1500 | 1692 |
| **California State General Obligation Bonds, Series 2021** <br>5.000% due 09/01/2041 | 1000 | 1056 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **California** **State General Obligation Bonds, Series 2023** <br>4.000% due 09/01/2043 | 500 | 477 |
| **California State General Obligation Bonds, Series 2025** <br>5.000% due 03/01/2049 | 3800 | 3961 |
| **California State Public Works Board Revenue Bonds, Series 2025** <br>5.000% due 04/01/2046 | 3000 | 3131 |
| **California Statewide Communities Development Authority Revenue Bonds, (AGM Insured), Series 2022** <br>5.375% due 08/15/2057 | 700 | 710 |
| **California Statewide Communities Development Authority Revenue Bonds, (CM Insured), Series 2021** <br>4.000% due 11/01/2051 | 2250 | 1993 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2009** <br>5.000% due 04/01/2046 | 2000 | 2174 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2016**  |  |  |
| 5.000% due 05/15/2033  | 1500 | 1513 |
| 5.000% due 06/01/2046  | 100 | 93 |
| 5.000% due 12/01/2046  | 550 | 520 |
| 5.250% due 12/01/2056  | 1000 | 960 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2018**  |  |  |
| 5.000% due 12/01/2053  | 1100 | 1101 |
| 5.000% due 12/01/2057  | 100 | 100 |
| 5.500% due 12/01/2058  | 1000 | 978 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2019** <br>4.250% due 11/01/2059 | 1465 | 1261 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2024** <br>5.250% due 12/01/2044 | 2000 | 2095 |
| **California Statewide Communities Development Authority Special Assessment Bonds, Series 2024** <br>5.000% due 09/02/2044 | 2000 | 2049 |
| **California Statewide Communities Development Authority Special Tax Bonds, Series 2025**  |  |  |
| 4.500% due 09/02/2045  | 1050 | 993 |
| 4.750% due 09/02/2040  | 1285 | 1279 |
| **Central Unified School District, California Certificates of Participation Bonds, (BAM Insured), Series 2025** <br>5.250% due 08/01/2054 | 2100 | 2163 |
| **Central Unified School District, California General Obligation Bonds, Series 2021** <br>0.000% due 08/01/2034 (c) | 265 | 188 |
| **Chabot-Las Positas Community College District, California General Obligation Bonds, Series 2023** <br>5.250% due 08/01/2048 | 1000 | 1056 |
| **Chabot-Las Positas Community College District, California General Obligation Bonds, Series 2024** <br>5.000% due 08/01/2049 | 2000 | 2102 |
| **Chaffey Joint Union High School District, California General Obligation Bonds, Series 2019** <br>4.000% due 08/01/2049 | 1200 | 1087 |
| **Chino Valley Unified School District, California General Obligation Bonds, Series 2020** <br>5.000% due 08/01/2055 | 1000 | 1020 |
| **Citrus Community College District, California General Obligation Bonds, Series 2024** <br>5.000% due 08/01/2049 | 3000 | 3158 |
| **Clovis Unified School District, California General Obligation Bonds, Series 2022** <br>5.250% due 08/01/2041 | 600 | 636 |
| **CMFA Special Finance Agency VIII, California Revenue Bonds, Series 2021** <br>4.000% due 08/01/2047 | 440 | 385 |
| **CMFA Special Finance Agency, California Revenue Bonds, Series 2021** <br>4.000% due 08/01/2045 | 1240 | 1049 |
| **Corona Community Facilities District, California Special Tax Bonds, Series 2024** <br>5.000% due 09/01/2039 | 500 | 520 |
| **CSCDA Community Improvement Authority, California Revenue Bonds, Series 2021**  |  |  |
| 3.000% due 02/01/2057  | 500 | 333 |
| 3.400% due 10/01/2046  | 495 | 374 |
| 4.000% due 02/01/2057  | 500 | 362 |
| **CSCDA Community Improvement Authority, California Revenue Bonds, Series 2022** <br>0.000% due 09/01/2062 (d) | 1000 | 610 |
| **East Bay Municipal Utility District Water System, California Revenue Bonds, Series 2025** <br>5.000% due 06/01/2045 | 1000 | 1070 |
| **East Bay Municipal Utility District Water System, California Revenue Notes, Series 2025** <br>5.000% due 06/01/2027 | 3500 | 3676 |
| **Eastern Municipal Water District, California Revenue Bonds, Series 2018** <br>1.600% due 07/01/2046 | 2500 | 2500 |
| **Elk Grove Finance Authority, California Special Tax Bonds, Series 2016** <br>5.000% due 09/01/2046 | 1000 | 1002 |
| **Fontana Unified School District, California General Obligation Bonds, Series 2025** <br>5.000% due 08/01/2045 | 1750 | 1839 |
| **Fresno Unified School District, California General Obligation Bonds, Series 2024** <br>4.000% due 08/01/2049 | 1575 | 1410 |
| **Garden Grove Public Financing Authority, California Revenue Bonds, (BAM Insured), Series 2024** <br>5.000% due 04/01/2049 | 2500 | 2549 |
| **Glendale Community College District, California General Obligation Bonds, Series 2020** <br>4.000% due 08/01/2050 | 880 | 780 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2018** <br>5.000% due 06/01/2030 | 200 | 214 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021**  |  |  |
| 0.000% due 06/01/2066 (c)  | 7500 | 795 |
| 2.746% due 06/01/2034  | 1000 | 866 |
| 3.487% due 06/01/2036  | 1625 | 1356 |
| 3.714% due 06/01/2041  | 1500 | 1148 |
| 3.850% due 06/01/2050  | 435 | 396 |
| 4.214% due 06/01/2050  | 200 | 144 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2022** <br>5.000% due 06/01/2051 | 1000 | 986 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Golden** **Valley Unified School District, California General Obligation Bonds, (BAM Insured), Series 2017** <br>0.000% due 08/01/2031 (c) | 500 | 408 |
| **Golden Valley Unified School District, California General Obligation Bonds, Series 2024** <br>5.000% due 08/01/2049 | 3000 | 3151 |
| **Hartnell Community College District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2042 | 250 | 234 |
| **Hastings Campus Housing Finance Authority, California Revenue Bonds, Series 2020**  |  |  |
| 5.000% due 07/01/2045  | 350 | 319 |
| 5.000% due 07/01/2061  | 1500 | 1284 |
| **Imperial Irrigation District Electric System, California Revenue Bonds, Series 2017** <br>4.000% due 11/01/2041 | 150 | 143 |
| **Indio Finance Authority, California Revenue Bonds, (BAM Insured), Series 2022** <br>4.500% due 11/01/2052 | 750 | 734 |
| **Inland Empire Tobacco Securitization Corp. California Revenue Bonds, Series 2019** <br>3.678% due 06/01/2038 | 235 | 226 |
| **Irvine Facilities Financing Authority, California Special Tax Bonds, (BAM Insured), Series 2023** <br>4.000% due 09/01/2058 | 1000 | 874 |
| **Irvine Unified School District, California General Obligation Bonds, Series 2018** <br>4.000% due 09/01/2045 | 250 | 232 |
| **Irvine, California Special Assessment Bonds, Series 2004** <br>2.200% due 09/02/2029 | 3500 | 3500 |
| **Irvine, California Special Assessment Bonds, Series 2012** <br>5.000% due 09/02/2026 | 100 | 100 |
| **Irvine, California Special Assessment Bonds, Series 2015** <br>5.000% due 09/02/2026 | 1495 | 1534 |
| **Lake Elsinore Public Financing Authority, California Special Tax Bonds, Series 2015** <br>5.000% due 09/01/2040 | 160 | 161 |
| **Lawndale Elementary School District, California General Obligation Bonds, Series 2018** <br>5.000% due 08/01/2048 | 1000 | 1012 |
| **Lompoc Unified School District, California General Obligation Bonds, Series 2025**  |  |  |
| 5.250% due 08/01/2050  | 825 | 875 |
| 5.250% due 08/01/2054  | 1050 | 1107 |
| **Long Beach Bond Finance Authority, California General Obligation Bonds, Series 2023** <br>4.000% due 08/01/2050 | 1500 | 1335 |
| **Long Beach Bond Finance Authority, California Revenue Bonds, Series 2007** <br>5.000% due 11/15/2035 | 120 | 128 |
| **Long Beach Unified School District, California General Obligation Bonds, Series 2015** <br>0.000% due 08/01/2037 (c) | 1620 | 962 |
| **Los Angeles Community College District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2037 | 200 | 200 |
| **Los Angeles Community College District, California General Obligation Notes, Series 2024** <br>5.000% due 08/01/2032 | 2000 | 2305 |
| **Los Angeles County, California Development Authority Revenue Bonds, Series 2025** <br>3.350% due 09/01/2059 | 1700 | 1704 |
| **Los Angeles County, California Public Works Financing Authority Revenue Bonds, Series 2021** <br>4.000% due 12/01/2046 | 1385 | 1241 |
| **Los Angeles County, California Sanitation Districts Financing Authority Revenue Bonds, Series 2016** <br>4.000% due 10/01/2042 | 250 | 232 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2017** <br>5.000% due 05/15/2041 | 750 | 750 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2020** <br>5.000% due 05/15/2037 | 690 | 729 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2022**  |  |  |
| 4.000% due 05/15/2048  | 1000 | 911 |
| 5.500% due 05/15/2035  | 2000 | 2178 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 05/15/2036  | 2000 | 2148 |
| 5.000% due 05/15/2050  | 3500 | 3613 |
| **Los Angeles Housing Authority, California Revenue Bonds, (FNMA Insured), Series 2024** <br>4.500% due 07/01/2046 | 1800 | 1713 |
| **Los Angeles Unified School District, California General Obligation Bonds, Series 2022** <br>5.000% due 07/01/2041 | 1000 | 1064 |
| **Los Angeles Unified School District, California General Obligation Bonds, Series 2024** <br>5.000% due 07/01/2035 | 2500 | 2859 |
| **Los Angeles Unified School District, California General Obligation Bonds, Series 2025** <br>5.000% due 07/01/2042 | 1015 | 1088 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2024** <br>5.000% due 07/01/2034 | 1500 | 1726 |
| **M-S-R Energy Authority, California Revenue Bonds, Series 2009**  |  |  |
| 6.125% due 11/01/2029  | 40 | 42 |
| 7.000% due 11/01/2034  | 200 | 239 |
| **Marin Community College District, California General Obligation Bonds, Series 2019** <br>4.000% due 08/01/2039 | 250 | 256 |
| **Menifee Union School District, California General Obligation Bonds, Series 2023** <br>4.000% due 08/01/2046 | 1000 | 939 |
| **Menlo Park Community Development Agency Successor Agency, California Tax Allocation Bonds, (AGM Insured), Series 2015** <br>5.000% due 10/01/2027 | 1230 | 1238 |
| **Mill Valley School District, California General Obligation Bonds, Series 2024** <br>4.000% due 08/01/2045 | 1355 | 1247 |
| **Monterey Peninsula Community College District, California General Obligation Bonds, Series 2024** <br>4.000% due 08/01/2051 | 1000 | 883 |
| **Monterey Peninsula Unified School District, California General Obligation Bonds, Series 2016** <br>4.000% due 08/01/2041 | 1000 | 946 |
| **Mount Diablo Unified School District, California General Obligation Bonds, Series 2025** <br>5.000% due 08/01/2042 | 750 | 804 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mount** **San Antonio Community College District, California General Obligation Bonds, Series 2019** <br>4.000% due 08/01/2049 | 2550 | 2305 |
| **Mount San Jacinto Community College District, California General Obligation Bonds, Series 2018** <br>4.000% due 08/01/2043 | 200 | 187 |
| **Mountain House Community Facilities District, California Special Tax Bonds, Series 2025** <br>5.000% due 09/01/2055 | 2000 | 1916 |
| **Mountain View-Whisman School District, California General Obligation Bonds, Series 2022** <br>5.000% due 09/01/2034 | 200 | 220 |
| **Napa Valley Community College District, California General Obligation Bonds, Series 2018** <br>4.000% due 08/01/2032 | 250 | 250 |
| **Napa Valley Unified School District, California General Obligation Bonds, Series 2025** <br>4.500% due 08/01/2055 | 2000 | 1958 |
| **Norris School District, California General Obligation Bonds, Series 2012** <br>5.200% due 11/01/2040 | 250 | 257 |
| **Northern California Gas Authority, Revenue Bonds, Series 2007** <br>3.775% (US0003M + 0.720%) due 07/01/2027 ~ | 195 | 195 |
| **Ontario International Airport Authority, California Revenue Bonds, (AGM Insured), Series 2021**  |  |  |
| 4.000% due 05/15/2036  | 1050 | 1040 |
| 4.000% due 05/15/2051  | 1500 | 1338 |
| **Orange County, California Community Facilities District Special Tax Bonds, Series 2022** <br>5.000% due 08/15/2047 | 1090 | 1096 |
| **Palm Springs Unified School District, California General Obligation Bonds, Series 2024** <br>4.000% due 08/01/2049 | 1000 | 897 |
| **Peralta Community College District, California General Obligation Bonds, Series 2016** <br>4.000% due 08/01/2039 | 2000 | 2002 |
| **Redondo Beach Unified School District, California General Obligation Bonds, Series 2025** <br>5.000% due 08/01/2050 | 2250 | 2342 |
| **Rio Hondo Community College District, California General Obligation Bonds, Series 2025** <br>4.375% due 08/01/2055 | 2250 | 2119 |
| **River Islands Public Financing Authority, California Special Tax Bonds, Series 2024** <br>5.000% due 09/01/2054 | 1500 | 1436 |
| **River Islands Public Financing Authority, California Special Tax, (AGM Insured), Series 2022** <br>4.250% due 09/01/2047 | 1000 | 940 |
| **Riverside County, California Transportation Commission Revenue Bonds, Series 2017** <br>5.000% due 06/01/2035 | 215 | 224 |
| **Riverside Unified School District, California Special Tax Bonds, Series 2024** <br>5.000% due 09/01/2049 | 730 | 726 |
| **Riverside, California Sewer Revenue Bonds, Series 2018** <br>4.000% due 08/01/2038 | 250 | 250 |
| **Roseville, California Special Tax Bonds, Series 2017** <br>5.000% due 09/01/2033 | 500 | 512 |
| **Sacramento County, California Airport System Revenue Bonds, Series 2024** <br>5.000% due 07/01/2049 | 2500 | 2563 |
| **Sacramento County, California Special Tax Bonds, Series 2022** <br>5.000% due 09/01/2047 | 1000 | 979 |
| **Sacramento County, California Water Financing Authority Revenue Bonds, (NPFGC Insured), Series 2007** <br>3.626% (US0003M + 0.550%) due 06/01/2034 ~ | 480 | 462 |
| **Sacramento, California Special Tax Bonds, Series 2021**  |  |  |
| 4.000% due 09/01/2035  | 600 | 596 |
| 4.000% due 09/01/2050  | 750 | 621 |
| **San Diego County, California Certificates of Participation Bonds, Series 2023** <br>5.000% due 10/01/2048 | 1500 | 1557 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 07/01/2046  | 1000 | 916 |
| 5.000% due 07/01/2056  | 3100 | 3047 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2023** <br>5.250% due 07/01/2058 | 1700 | 1724 |
| **San Diego County, California Water Authority Revenue Bonds, Series 2022** <br>5.000% due 05/01/2052 | 1500 | 1558 |
| **San Diego Housing Authority, Inc., California Revenue Bonds,(FHLMC Insured), Series 2024** <br>4.200% due 06/01/2040 | 2480 | 2368 |
| **San Diego Public Facilities Financing Authority, California Revenue Bonds, Series 2020** <br>4.000% due 08/01/2045 | 1625 | 1498 |
| **San Diego Unified School District, California General Obligation Bonds, Series 2017**  |  |  |
| 0.000% due 07/01/2034 (c) | 550 | 386 |
| 4.000% due 07/01/2047  | 400 | 361 |
| **San Diego Unified School District, California General Obligation Bonds, Series 2023** <br>5.000% due 07/01/2048 | 1000 | 1044 |
| **San Diego Unified School District, California General Obligation Bonds, Series 2024**  |  |  |
| 4.000% due 07/01/2054  | 2500 | 2196 |
| 5.000% due 07/01/2041  | 1000 | 1081 |
| **San Dieguito Union High School District, California General Obligation Bonds, Series 2015** <br>4.000% due 02/01/2040 | 1800 | 1802 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2018** <br>0.500% due 05/01/2058 | 4765 | 4765 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2019** <br>5.000% due 05/01/2049 | 960 | 950 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2024** <br>5.000% due 05/01/2040 | 2000 | 2159 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Notes, Series 2024** <br>5.000% due 05/01/2034 | 2000 | 2175 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Notes, Series 2025** <br>5.000% due 05/01/2035 | 3000 | 3254 |
| **San Francisco, California City & County Public Utilities Commission Power Revenue Bonds, Series 2023** <br>5.000% due 11/01/2048 | 1000 | 1025 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **San** **Francisco, California City & County Redevelopment Agency Tax Allocation Bonds, Series 2016** <br>5.000% due 08/01/2027 | 105 | 107 |
| **San Francisco, California City & County Revenue Bonds, (FNMA Insured), Series 2025** <br>5.000% due 02/01/2046 | 3000 | 3003 |
| **San Francisco, California Public Utilities Commission Water Revenue Bonds, Series 2016** <br>4.000% due 11/01/2039 | 1000 | 983 |
| **San Francisco, California Public Utilities Commission Water Revenue Bonds, Series 2020** <br>5.000% due 11/01/2050 | 1000 | 1014 |
| **San Francisco, California Special Tax District, City & County Special Tax Notes, Series 2021** <br>4.000% due 09/01/2031 | 150 | 152 |
| **San Joaquin Valley Clean Energy Authority, California Revenue Bonds, Series 2025** <br>5.500% due 01/01/2056 | 5100 | 5597 |
| **San Marcos Redevelopment Agency Successor Agency, California Tax Allocation Bonds, Series 2015** <br>5.000% due 10/01/2030 | 200 | 201 |
| **San Marcos Unified School District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2038 | 500 | 498 |
| **San Marcos Unified School District, California General Obligation Bonds, Series 2025**  |  |  |
| 5.000% due 08/01/2044  | 650 | 685 |
| 5.000% due 08/01/2045  | 885 | 929 |
| **San Mateo County, California Transportation Authority Revenue Bonds, Series 2020** <br>1.600% due 06/01/2049 | 3350 | 3350 |
| **San Rafael City Elementary School District, California General Obligation Bonds, Series 2019** <br>4.000% due 08/01/2047 | 615 | 564 |
| **Santa Ana College Improvement District #1 Rancho Santiago Community College District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2041 | 200 | 187 |
| **Santa Cruz City High School District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2042 | 1910 | 1795 |
| **South San Francisco Unified School, California General Obligation Bonds, Series 2023** <br>4.000% due 09/01/2048 | 1000 | 919 |
| **Stockton Community Facilities District, California Special Tax Bonds, Series 2024**  |  |  |
| 5.000% due 09/01/2039  | 370 | 379 |
| 5.000% due 09/01/2049  | 525 | 527 |
| **Temple City Unified School District, California General Obligation Bonds, Series 2013** <br>6.170% due 08/01/2036 | 200 | 217 |
| **Tobacco Securitization Authority of Northern California Revenue Bonds, Series 2021** <br>0.010% due 06/01/2060 (c) | 8720 | 1338 |
| **Tobacco Securitization Authority of Southern California Revenue Bonds, Series 2019** <br>0.000% due 06/01/2054 (c) | 4000 | 805 |
| **University of California Revenue Bonds, Series 2016** <br>4.000% due 05/15/2046 | 250 | 230 |
| **University of California Revenue Bonds, Series 2018** <br>4.000% due 05/15/2043 | 265 | 249 |
| **University of California Revenue Bonds, Series 2025** <br>5.000% due 05/15/2039 | 3100 | 3390 |
| **Upland, California Certificates of Participation Bonds, Series 2017** <br>4.000% due 01/01/2042 | 250 | 221 |
| **Val Verde Unified School District, California General Obligation Bonds, (AGM Insured), Series 2021** <br>4.000% due 08/01/2046 | 1575 | 1408 |
|  |  | 343567 |
| **GEORGIA 0.4%**  |  |  |
| **Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2019** <br>4.000% due 03/01/2050 | 1000 | 1003 |
| **Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2023** <br>5.000% due 12/01/2053 | 600 | 632 |
|  |  | 1635 |
| **IOWA 0.1%**  |  |  |
| **Iowa Finance Authority Midwestern Disaster Area Revenue Refunding Bonds, Series 2022** <br>4.000% due 12/01/2050 | 250 | 267 |
| **MULTI-STATE 1.5%**  |  |  |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2023**  |  |  |
| 2.250% due 09/25/2037  | 1466 | 1226 |
| 4.033% due 12/25/2036  | 977 | 978 |
| 4.552% due 08/25/2040 ~  | 1188 | 1202 |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2024** <br>3.541% due 11/25/2038 | 2778 | 2593 |
|  |  | 5999 |
| **NEW HAMPSHIRE 0.6%**  |  |  |
| **New Hampshire Business Finance Authority Revenue Bonds, Series 2024** <br>3.925% due 07/20/2039 | 2489 | 2312 |
| **NEW YORK 0.0%**  |  |  |
| **Monroe County, New York Industrial Development Agency Revenue Bonds, (FNMA Insured),Series 2023** <br>4.720% due 01/01/2044 | 200 | 198 |
| **PUERTO RICO 2.0%**  |  |  |
| **Commonwealth of Puerto Rico Bonds, Series 2022**  |  |  |
| 0.000% due 11/01/2043  | 868 | 535 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.000% due 11/01/2051  | 1339 | 847 |
| **Puerto Rico Electric Power Authority Revenue Bonds, (AGM Insured), Series 2007** <br>3.568% (US0003M + 0.520%) due 07/01/2029 ~ | 125 | 119 |
| **Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018**  |  |  |
| 0.000% due 07/01/2051 (c)  | 12000 | 2806 |
| 0.010% due 07/01/2046 (c)  | 7400 | 2357 |
| **Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2019** <br>4.329% due 07/01/2040 | 1500 | 1409 |
|  |  | 8073 |
| **TENNESSEE 0.3%**  |  |  |
| **Tennessee Energy Acquisition Corp. Revenue Bonds, Series 2021** <br>5.000% due 05/01/2052 | 1000 | 1054 |
| **TEXAS 0.8%**  |  |  |
| **Harris County, Texas Hospital District General Obligation Bonds, Series 2025** <br>5.000% due 02/15/2041 | 1450 | 1518 |
| **Texas Water Development Board Revenue Bonds, Series 2023**  |  |  |
| 4.875% due 10/15/2048  | 900 | 910 |
| 5.000% due 10/15/2058  | 600 | 606 |
|  |  | 3034 |
| Total Municipal Bonds & Notes (Cost $374,472) |  | 368060 |
| **U.S. GOVERNMENT AGENCIES 4.8%**  |  |  |
| **BBRA**<br>7.215% due 06/02/2059 | 2800 | 2800 |
| **Freddie Mac**  |  |  |
| 3.600% due 12/01/2040 | 1971 | 1795 |
| 3.660% due 01/01/2039 | 1467 | 1375 |
| 3.720% due 01/01/2041 | 1479 | 1363 |
| 3.750% due 07/01/2042 | 4437 | 4303 |
| 3.850% due 02/01/2038 - 07/01/2041 | 5950 | 5562 |
| 4.850% due 08/01/2038 | 982 | 1028 |
| 4.913% due 07/15/2040 •  | 294 | 301 |
| 5.210% due 08/01/2040 | 692 | 742 |
| Total U.S. Government Agencies (Cost $18,899) |  | 19269 |
| **SHORT-TERM INSTRUMENTS 0.5%**  |  |  |
| **MUNICIPAL BONDS & NOTES 0.5%**  |  |  |
| **San Diego Unified School District, California General Obligation Notes, Series 2024** <br>5.000% due 07/01/2025 | $2000 | 2000 |
| Total Municipal Bonds & Notes (Cost $2,000) |  | 2000 |
| Total Short-Term Instruments (Cost $2,000) |  | 2000 |
| Total Investments in Securities (Cost $395,371) |  | 389329 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 2.8%**  |  |  |
| **SHORT-TERM INSTRUMENTS 2.8%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 2.8%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 1162596 | 11320 |
| Total Short-Term Instruments (Cost $11,316) |  | 11320 |
| Total Investments in Affiliates (Cost $11,316) |  | 11320 |
| Total Investments 100.1% (Cost $406,687) |  | $400649 |
| Other Assets and Liabilities, net (0.1)% |  | (444) |
| Net Assets 100.0% |  | $400205 |

---

------

<br> Schedule of Investments PIMCO California Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(e)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Coupon | Coupon | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| California Municipal Finance Authority Revenue Bonds, Series 2021 | 4.000 | % | 09/01/2040 | 02/18/2025 | 02/18/2025 | 2366 | 2366 | 2270 | 0.57 |
| California Municipal Finance Authority Revenue Bonds, Series 2021 | 4.000 |  | 09/01/2050 | 11/22/2022 | 11/22/2022 | 898 | 898 | 887 | 0.22 |
|  |  |  |  |  | $ | 3264 | $ | 3157 | 0.79%  |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Arizona | Arizona | $ | $0 | 0 | 1921 | $0 | 0 | $1921 | 1921 |
| California | California |  | 0 | 0 | 343567 | 0 | 0 | 343567 | 343567 |
| Georgia | Georgia |  | 0 | 0 | 1635 | 0 | 0 | 1635 | 1635 |
| Iowa | Iowa |  | 0 | 0 | 267 | 0 | 0 | 267 | 267 |
| Multi-State | Multi-State |  | 0 | 0 | 5999 | 0 | 0 | 5999 | 5999 |
| New Hampshire | New Hampshire |  | 0 | 0 | 2312 | 0 | 0 | 2312 | 2312 |
| New York | New York |  | 0 | 0 | 198 | 0 | 0 | 198 | 198 |
| Puerto Rico | Puerto Rico |  | 0 | 0 | 8073 | 0 | 0 | 8073 | 8073 |
| Tennessee | Tennessee |  | 0 | 0 | 1054 | 0 | 0 | 1054 | 1054 |
| Texas | Texas |  | 0 | 0 | 3034 | 0 | 0 | 3034 | 3034 |
| U.S. Government Agencies | U.S. Government Agencies |  | 0 | 0 | 16469 | 2800 | 2800 | 19269 | 19269 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Municipal Bonds & Notes | Municipal Bonds & Notes |  | 0 | 0 | 2000 | 0 | 0 | 2000 | 2000 |
|  |  | $ | $0 | 0 | 386529 | $2800 | 2800 | $389329 | 389329 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $ | $11320 | 11320 | 0 | $0 | 0 | $11320 | 11320 |
| Total Investments | Total Investments | $ | $11320 | 11320 | 386529 | $2800 | 2800 | $400649 | 400649 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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------

<br> Schedule of Investments PIMCO California Municipal Intermediate Value Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 97.9% ¤** |  |  |
| **MUNICIPAL BONDS & NOTES 97.5%**  |  |  |
| **CALIFORNIA 89.2%**  |  |  |
| **Acalanes Union High School District, California General Obligation Bonds, Series 2010** <br>6.250% due 08/01/2035 | $250 | $280 |
| **Anaheim City School District, California General Obligation Bonds, (AGM/CR/NPFGC Insured), Series 2007** <br>0.000% due 08/01/2030 (a) | 385 | 327 |
| **Anaheim Housing & Public Improvements Authority, California Revenue Bonds, Series 2022** <br>5.000% due 10/01/2036 | 545 | 564 |
| **Antelope Valley Community College District, California General Obligation Bonds, Series 2022** <br>0.000% due 08/01/2036 (a) | 225 | 140 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2017**  |  |  |
| 5.000% due 11/15/2032  | 350 | 365 |
| 5.000% due 02/01/2035  | 250 | 257 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2024** <br>5.000% due 06/01/2039 | 500 | 555 |
| **California Municipal Finance Authority Revenue Bonds, Series 2024** <br>5.000% due 12/01/2038 | 400 | 431 |
| **California School Finance Authority Revenue Bonds, Series 2020** <br>4.000% due 07/01/2034 | 300 | 310 |
| **California School Finance Authority Revenue Notes, Series 2020** <br>4.000% due 07/01/2029 | 250 | 260 |
| **California State General Obligation Bonds, Series 2025** <br>3.600% due 12/01/2035 | 560 | 565 |
| **California State General Obligation Notes, Series 2020** <br>4.000% due 11/01/2030 | 245 | 260 |
| **California State General Obligation Notes, Series 2024** <br>3.100% due 12/01/2033 | 300 | 292 |
| **California State Public Works Board Revenue Notes, Series 2017** <br>5.000% due 10/01/2027 | 220 | 232 |
| **California State Public Works Board Revenue Notes, Series 2022** <br>5.000% due 08/01/2032 | 225 | 251 |
| **California Statewide Communities Development Authority Revenue Bonds, (CM Insured), Series 2018** <br>5.000% due 07/01/2031 | 600 | 638 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2003** <br>5.000% due 05/01/2033 | 300 | 326 |
| **Central Unified School District, California Certificates of Participation Bonds, (BAM Insured), Series 2019** <br>5.000% due 08/01/2032 | 250 | 259 |
| **Central Unified School District, California Certificates of Participation Notes, (BAM Insured), Series 2025** <br>5.000% due 08/01/2034 | 325 | 364 |
| **Chabot-Las Positas Community College District, California General Obligation Bonds, Series 2023** <br>5.000% due 08/01/2039 | 125 | 138 |
| **Escondido, California General Obligation Bonds, Series 2015** <br>5.000% due 09/01/2036 | 500 | 501 |
| **Folsom Redevelopment Agency Successor Agency, California Tax Allocation Bonds, (BAM Insured), Series 2016** <br>4.000% due 08/01/2028 | 905 | 916 |
| **Gilroy Unified School District, California Certificates of Participation Notes, (BAM Insured), Series 2016** <br>4.000% due 04/01/2026 | 330 | 333 |
| **Glendale, California Electric Revenue Bonds, Series 2016** <br>5.000% due 02/01/2030 | 475 | 479 |
| **Hacienda, Louisiana Puente Unified School District, California Certificates of Participation Bonds, (AGM Insured), Series 2021** <br>4.000% due 06/01/2033 | 295 | 307 |
| **Jefferson School District/San Joaquin County, California General Obligation Bonds, (BAM Insured), Series 2022** <br>4.000% due 08/01/2034 | 350 | 366 |
| **Kern Community College District, California General Obligation Bonds, (AGM Insured), Series 2006** <br>0.000% due 11/01/2028 (a) | 500 | 450 |
| **Lancaster County Hospital Authority, California Revenue Notes, (BAM Insured), Series 2024** <br>5.000% due 05/01/2033 | 425 | 481 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2017** <br>5.000% due 05/15/2032 | 920 | 941 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2023** <br>5.000% due 07/01/2031 | 500 | 562 |
| **Lynwood Unified School District, California Certificates of Participation Bonds, (AGM Insured), Series 2016** <br>5.000% due 10/01/2028 | 375 | 382 |
| **Municipal Improvement Corp. of Los Angeles, California Revenue Bonds, Series 2016**  |  |  |
| 4.000% due 11/01/2033  | 345 | 345 |
| 5.000% due 11/01/2031  | 300 | 307 |
| **Nipomo Community Services District, California Certificates of Participation Bonds, Series 2022** <br>4.000% due 06/01/2036 | 405 | 414 |
| **Pasadena Unified School District, California General Obligation Bonds, Series 2016** <br>5.000% due 08/01/2029 | 250 | 257 |
| **Placentia-Yorba Linda Unified School District, California Certificates of Participation Bonds, (AGM Insured), Series 2016** <br>5.000% due 10/01/2027 | 445 | 448 |

---

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<br> Schedule of Investments PIMCO California Municipal Intermediate Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Placentia** **-Yorba Linda Unified School District, California Certificates of Participation Notes, (AGM Insured), Series 2016** <br>5.000% due 10/01/2025 | 200 | 201 |
| **Poway Unified School District Public Financing Authority, California Special Tax Notes, Series 2015** <br>5.000% due 09/01/2025 | 350 | 351 |
| **Rialto Unified School District, California Certificates of Participation Bonds, (BAM Insured), Series 2024** <br>5.000% due 09/01/2037 | 350 | 387 |
| **Rio Bravo-Greeley Union School District, California General Obligation Bonds, (AGC Insured), Series 2008** <br>0.000% due 09/01/2029 (a) | 450 | 394 |
| **Rio Elementary School District Community Facilities District, California Special Tax Bonds, Series 2014** <br>3.250% due 09/01/2026 | 325 | 324 |
| **Sacramento County, California Airport System Revenue Notes, Series 2018** <br>5.000% due 07/01/2028 | 750 | 785 |
| **San Bernardino Community College District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2034 | 335 | 336 |
| **San Diego Public Facilities Financing Authority, California Revenue Bonds, Series 2016** <br>5.000% due 08/01/2035 | 400 | 406 |
| **San Diego Public Facilities Financing Authority, California Revenue Notes, Series 2023** <br>5.000% due 10/15/2031 | 210 | 238 |
| **San Diego Public Facilities Financing Authority, California Revenue Notes, Series 2024** <br>5.000% due 10/15/2032 | 300 | 344 |
| **San Francisco, California City & County Certificates of Participation Bonds, Series 2024** <br>5.000% due 04/01/2035 | 500 | 569 |
| **San Jose Financing Authority, California Revenue Notes, Series 2021** <br>4.000% due 10/01/2028 | 175 | 183 |
| **San Marcos Redevelopment Agency Successor Agency, California Tax Allocation Bonds, Series 2015** <br>5.000% due 10/01/2031 | 500 | 503 |
| **San Marcos Schools Financing Authority, California Special Tax Notes, Series 2024** <br>5.000% due 09/01/2033 | 400 | 456 |
| **Santa Clarita Public Finance Authority, California Revenue Bonds, Series 2022** <br>5.000% due 12/01/2034 | 400 | 451 |
| **Soledad Unified School District, California General Obligation Notes, (BAM Insured), Series 2024**  |  |  |
| 5.000% due 08/01/2032  | 200 | 228 |
| 5.000% due 08/01/2034  | 330 | 381 |
| **Stanislaus Union School District, California General Obligation Notes, (BAM Insured), Series 2024** <br>5.000% due 08/01/2031 | 370 | 415 |
| **Val Verde Unified School District, California Certificates of Participation Bonds, (BAM Insured), Series 2015** <br>5.000% due 08/01/2026 | 215 | 215 |
| **Ventura Unified School District, California General Obligation Bonds, Series 2023** <br>5.000% due 08/01/2039 | 360 | 389 |
| **Washington Township Health Care District, California General Obligation Bonds, Series 2023** <br>5.250% due 08/01/2038 | 300 | 331 |
| **West Basin Municipal Water District, California Revenue Bonds, Series 2016** <br>5.000% due 08/01/2034 | 250 | 253 |
| **West Contra Costa Healthcare District, California Special Tax Notes, Series 2021** <br>5.000% due 07/01/2029 | 120 | 131 |
|  |  | 22574 |
| **ILLINOIS 6.6%**  |  |  |
| **Chicago Park District, Illinois General Obligation Bonds, Series 2016** <br>5.000% due 01/01/2031 | 1000 | 1006 |
| **University of Illinois Revenue Notes, Series 2018** <br>5.000% due 04/01/2028 | 625 | 662 |
|  |  | 1668 |
| **KENTUCKY 0.5%**  |  |  |
| **Corbin Independent School District Finance Corp. Kentucky Revenue Notes, Series 2016** <br>3.000% due 02/01/2026 | 125 | 125 |
| **MULTI-STATE 1.2%**  |  |  |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2023** <br>4.033% due 12/25/2036 | 293 | 293 |
| Total Municipal Bonds & Notes (Cost $24,830) |  | 24660 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.4%**  |  |  |
| **MUTUAL FUNDS 0.4%**  |  |  |
| **Fidelity Investments Money Market Government Portfolio, Class I** <br> 4.410% **(b)** | 108336 | 108 |

---

------

<br> Schedule of Investments PIMCO California Municipal Intermediate Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $108) |  | 108 |
| Total Investments in Securities (Cost $24,938) |  | 24768 |
| **INVESTMENTS IN AFFILIATES 1.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 1.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 1.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 26411 | 257 |
| Total Short-Term Instruments (Cost $257) |  | 257 |
| Total Investments in Affiliates (Cost $257) |  | 257 |
| Total Investments 98.9% (Cost $25,195) |  | $25025 |
| Other Assets and Liabilities, net 1.1% |  | 285 |
| Net Assets 100.0% |  | $25310 |

---

------

<br> Schedule of Investments PIMCO California Municipal Intermediate Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | $0 | $22574 | $0 | $22574 |
| Illinois | Illinois | 0 | 1668 | 0 | 1668 |
| Kentucky | Kentucky | 0 | 125 | 0 | 125 |
| Multi-State | Multi-State | 0 | 293 | 0 | 293 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 108 | 0 | 0 | 108 |
|  |  | $108 | $24660 | $0 | $24768 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $257 | $0 | $0 | $257 |
| Total Investments | Total Investments | $365 | $24660 | $0 | $25025 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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<br> Schedule of Investments PIMCO California Municipal Opportunistic Value Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 97.9% ¤** |  |  |
| **MUNICIPAL BONDS & NOTES 97.7%**  |  |  |
| **CALIFORNIA 92.7%**  |  |  |
| **Alameda Health Care District, California Certificates of Participation Bond, Series 2024** <br>5.000% due 09/15/2049 | $2455 | $2505 |
| **Alameda Public Financing Authority, California Revenue Bonds, Series 2010** <br>5.250% due 07/01/2029 | 1160 | 1162 |
| **Alhambra Unified School District, California General Obligation Bonds, Series 2023** <br>5.250% due 08/01/2048 | 2500 | 2641 |
| **Alum Rock Union Elementary School District, California General Obligation Bonds, (BAM Insured), Series 2023** <br>5.000% due 08/01/2048 | 1210 | 1254 |
| **Anaheim Housing & Public Improvements Authority, California Revenue Bonds, Series 2022** <br>5.000% due 10/01/2047 | 1000 | 1010 |
| **Antelope Valley Community College District, California General Obligation Bonds, Series 2022** <br>0.000% due 08/01/2041 (a) | 2000 | 902 |
| **Brawley Elementary School District, California General Obligation Bonds, (AGM Insured), Series 2022** <br>5.500% due 08/01/2052 | 1500 | 1586 |
| **Brentwood Union School District, California General Obligation Bonds, Series 2022** <br>5.250% due 08/01/2052 | 1425 | 1490 |
| **Butte-Glenn Community College District, California General Obligation Bonds, Series 2022** <br>4.000% due 08/01/2047 | 1815 | 1670 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2023** <br>5.250% due 11/01/2054 | 2500 | 2651 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2024** <br>5.000% due 01/01/2055 | 3000 | 3101 |
| **California Health Facilities Financing Authority Revenue Bonds, (CM Insured), Series 2020** <br>5.000% due 11/01/2050 | 1000 | 1008 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2022** <br>4.000% due 05/15/2051 | 2000 | 1723 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2025** <br>5.250% due 02/01/2048 | 1935 | 2030 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2010** <br>5.750% due 08/15/2029 | 500 | 501 |
| **California Municipal Finance Authority Revenue Bonds, (CM Insured), Series 2019** <br>5.000% due 01/01/2049 | 1000 | 1013 |
| **California Municipal Finance Authority Revenue Bonds, (FNMA Insured),Series 2024** <br>4.450% due 12/01/2042 | 2000 | 1965 |
| **California Municipal Finance Authority Revenue Bonds, Series 2017** <br>5.000% due 06/01/2042 | 2000 | 2010 |
| **California Municipal Finance Authority Revenue Bonds, Series 2024**  |  |  |
| 4.000% due 12/01/2043  | 2000 | 1809 |
| 5.000% due 09/01/2049  | 1450 | 1485 |
| **California Municipal Finance Authority Revenue Notes, Series 2024** <br>5.000% due 12/01/2025 | 330 | 332 |
| **California State General Obligation Bonds, (AMBAC Insured), Series 1997** <br>5.125% due 10/01/2027 | 100 | 100 |
| **California State General Obligation Bonds, (SGI Insured), Series 2002** <br>5.000% due 10/01/2028 | 5 | 5 |
| **California State General Obligation Bonds, Series 2000** <br>5.750% due 05/01/2030 | 85 | 85 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2016** <br>5.000% due 08/15/2046 | 2175 | 2178 |
| **Cambrian School District, California General Obligation Bonds, Series 2022** <br>5.000% due 08/01/2046 | 1750 | 1810 |
| **Carson Public Financing Authority, California Revenue Bonds, Series 2024** <br>5.000% due 06/01/2049 | 2000 | 2034 |
| **Cascade Union Elementary School District, California General Obligation Bonds, (AGM Insured), Series 2022** <br>5.500% due 08/01/2046 | 1150 | 1218 |
| **Central School District, California General Obligation Bonds, (BAM Insured), Series 2022** <br>0.000% due 08/01/2044 (a) | 1275 | 520 |
| **Central Union High School District-Imperial County, California General Obligation Bonds, Series 2019** <br>4.000% due 08/01/2049 | 2000 | 1787 |
| **Ceres Unified School District, California General Obligation Bonds, (BAM Insured), Series 2017** <br>5.000% due 08/01/2051 | 5000 | 5013 |
| **Chino Valley Unified School District, California General Obligation Bonds, Series 2024** <br>5.000% due 08/01/2049 | 3075 | 3218 |
| **Chowchilla Union High School District, California General Obligation Bonds, Series 2022** <br>5.500% due 08/01/2052 | 2000 | 2099 |
| **Colton Joint Unified School District, California General Obligation Bonds, (BAM Insured), Series 2024** <br>5.000% due 08/01/2049 | 2500 | 2622 |
| **Cosumnes Community Services District California Revenue Certificates Of Participation, Series 2022** <br>5.000% due 11/01/2042 | 1000 | 1027 |
| **Discovery Bay California Public Financing Authority Revenue Bonds, Series 2022** <br>5.000% due 12/01/2042 | 1005 | 1077 |

---

------

<br> Schedule of Investments PIMCO California Municipal Opportunistic Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Durham** **Unified School District, California General Obligation Bonds, (BAM Insured), Series 2025** <br>5.000% due 08/01/2054 | 1695 | 1735 |
| **El Centro Elemenatry School District, California General Obligation Bonds, (BAM Insured), Series 2023**  |  |  |
| 5.000% due 08/01/2047  | 1315 | 1355 |
| 5.250% due 08/01/2050  | 930 | 968 |
| **El Monte City School District, California General Obligation Bonds, (BAM Insured), Series 2024** <br>5.000% due 08/01/2049 | 1000 | 1020 |
| **Elk Grove Finance Authority, California Revenue Bonds, Series 2022** <br>5.000% due 11/01/2042 | 1385 | 1476 |
| **Elk Grove Finance Authority, California Special Tax Bonds, (BAM Insured), Series 2015** <br>5.000% due 09/01/2038 | 1500 | 1505 |
| **Fairfield, California Certificates of Participation Bonds, (AGC Insured), Series 2007** <br>0.000% due 04/01/2030 (a) | 2000 | 1714 |
| **Fallbrook Union High School District, California General Obligation Bonds, (BAM Insured), Series 2022** <br>4.000% due 08/01/2046 | 2000 | 1846 |
| **Fontana Unified School District, California General Obligation Bonds, Series 2025** <br>5.250% due 08/01/2050 | 730 | 767 |
| **Guadalupe Union School District, California General Obligation Bonds, (BAM Insured), Series 2024** <br>5.000% due 08/01/2049 | 1925 | 2021 |
| **Irvine Facilities Financing Authority, California Special Tax Bonds, (BAM Insured), Series 2023** <br>5.000% due 09/01/2048 | 2000 | 2062 |
| **Jefferson Elementary School District, California General Obligation Bonds, Series 2023** <br>5.000% due 09/01/2049 | 1450 | 1516 |
| **La Honda Pescadero Unified School District, California General Obligation Bonds, Series 2022** <br>0.000% due 04/01/2042 (a) | 2215 | 1021 |
| **La Mesa-Spring Valley School District, California General Obligation Bonds, Series 2023** <br>5.000% due 08/01/2047 | 2375 | 2466 |
| **Lake Elsinore Facilities Financing Authority Successor Agency, California Revenue Bonds, (BAM Insured), Series 2022** <br>5.250% due 04/01/2047 | 2000 | 2077 |
| **Lancaster County Hospital Authority, California Revenue Bonds, (BAM Insured), Series 2024** <br>5.000% due 05/01/2054 | 2000 | 2046 |
| **Lancaster School District, California General Obligation Bonds, (BAM Insured), Series 2025** <br>5.000% due 08/01/2051 | 1410 | 1459 |
| **Lemon Grove School District, California General Obligation Bonds, Series 2023** <br>5.000% due 08/01/2049 | 1170 | 1215 |
| **Livermore, California Certificates of Participation Bonds, Series 2022** <br>4.750% due 04/01/2047 | 1330 | 1351 |
| **Long Beach, California Harbor Revenue Bonds, Series 2019** <br>5.000% due 05/15/2044 | 3000 | 3090 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2017** <br>5.000% due 05/15/2041 | 8775 | 8780 |
| **Los Angeles Housing Authority, California Revenue Notes, (FNMA Insured), Series 2024** <br>3.750% due 04/01/2034 | 2500 | 2473 |
| **Los Angeles Unified School District, California General Obligation Bonds, Series 2022** <br>5.250% due 07/01/2047 | 1915 | 2012 |
| **Madera Unified School District, California Certificates of Participation Bonds, (AGM Insured), Series 2024** <br>5.000% due 09/01/2043 | 1000 | 1060 |
| **Marina, California Certificates of Participation Bonds, (AGM Insured), Series 2022** <br>5.250% due 05/01/2047 | 2000 | 2095 |
| **McFarland Unified School District, California General Obligation Bonds, (BAM Insured), Series 2022** <br>5.250% due 11/01/2049 | 1000 | 1024 |
| **Merced County, California Certificates of Participation Bonds, (BAM Insured), Series 2022** <br>4.000% due 06/01/2045 | 1750 | 1608 |
| **Modesto Elementary School District, California General Obligation Bonds, Series 2023** <br>5.000% due 08/01/2047 | 2480 | 2549 |
| **Modesto Irrigation District, California Revenue Bonds, (NPFGC Insured), Series 2007**  |  |  |
| 3.656% (US0003M + 0.580%) due 09/01/2027 ~ | 990 | 988 |
| 3.706% (US0003M + 0.630%) due 09/01/2037 ~  | 1600 | 1529 |
| **Moreno Valley Unified School District, California General Obligation Bonds, (BAM Insured), Series 2025** <br>5.000% due 08/01/2050 | 3000 | 3069 |
| **Oakdale Joint Unified School District, California General Obligation Bonds, Series 2025** <br>5.250% due 08/01/2050 | 3000 | 3146 |
| **Ontario Public Financing Authority, California Revenue Bonds, (AGM Insured), Series 2022**  |  |  |
| 5.000% due 11/01/2047  | 1000 | 1024 |
| 5.000% due 11/01/2052  | 1000 | 1015 |
| **Pacifica School District, California General Obligation Bonds, Series 2024** <br>5.000% due 08/01/2050 | 2765 | 2841 |
| **Palmdale Financing Authority, California Revenue Bonds, (BAM Insured),Series 2023** <br>4.500% due 06/01/2053 | 2750 | 2700 |
| **Pittsburg Public California Financing Authority Revenue Bonds, (AGM Insured), Series 2022** <br>5.000% due 08/01/2052 | 3000 | 3080 |
| **Pittsburg Unified School District, California General Obligation Bonds, Series 2018** <br>5.000% due 08/01/2047 | 1275 | 1283 |
| **Puente Basin Water Agency, California Revenue Bonds, Series 2024** <br>5.000% due 06/01/2049 | 2620 | 2764 |
| **Regents of the University of California Medical Center Pooled Revenue Bonds, Series 2016** <br>5.000% due 05/15/2041 | 3750 | 3768 |
| **Riverside County, California Transportation Commission Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 06/01/2046  | 985 | 880 |
| 4.000% due 06/01/2047  | 2000 | 1748 |
| **San Bernardino City Unified School District, California General Obligation Bonds, (AGM Insured), Series 2015** <br>5.000% due 08/01/2040 | 5475 | 5484 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2017** <br>5.000% due 07/01/2047 | 3230 | 3176 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2019** <br>5.000% due 07/01/2049 | 3290 | 3328 |

---

------

<br> Schedule of Investments PIMCO California Municipal Opportunistic Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **San** **Diego County, California Regional Airport Authority Revenue Bonds, Series 2021** <br>5.000% due 07/01/2046 | 1500 | 1490 |
| **San Diego County, California Regional Transportation Commission Revenue Bonds, Series 2016** <br>5.000% due 04/01/2048 | 2490 | 2498 |
| **San Diego Public Facilities Financing Authority, California Revenue Bonds, Series 2023**  |  |  |
| 4.000% due 10/15/2048  | 1750 | 1622 |
| 5.250% due 08/01/2048  | 1500 | 1584 |
| **San Diego Public Facilities Financing Authority, California Revenue Bonds, Series 2024** <br>5.000% due 10/15/2049 | 2135 | 2198 |
| **San Diego Unified School District, California General Obligation Bonds, Series 2012** <br>0.000% due 07/01/2040 (b) | 2500 | 2508 |
| **San Diego Unified School District, California General Obligation Bonds, Series 2023** <br>5.000% due 07/01/2048 | 2500 | 2610 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2016** <br>5.000% due 05/01/2046 | 4450 | 4403 |
| **San Joaquin County, California Transportation Authority Measure K Sales Tax Revenue Bonds, Series 2019** <br>5.000% due 03/01/2040 | 1000 | 1039 |
| **San Juan Unified School District, California General Obligation Bonds, Series 2022**  |  |  |
| 4.000% due 08/01/2046  | 2500 | 2303 |
| 5.000% due 08/01/2040  | 1000 | 1059 |
| 5.000% due 08/01/2041  | 1035 | 1088 |
| **San Leandro Unified School District, California General Obligation Bonds, Series 2022** <br>5.250% due 08/01/2048 | 2000 | 2101 |
| **Sanger Unified School District, California Certificates of Participation Bonds, (AGM Insured), Series 2022** <br>5.000% due 06/01/2049 | 3250 | 3260 |
| **Santa Ana Public Financing Authority, California Revenue Bonds, Series 2024** <br>5.000% due 09/01/2049 | 1100 | 1154 |
| **Santa Clara Unified School District, California General Obligation Bonds, Series 2023** <br>5.000% due 08/01/2052 | 1260 | 1307 |
| **Santa Cruz County Capital Financing Authority, California Revenue Bonds, Series 2024** <br>4.125% due 06/01/2039 | 2600 | 2607 |
| **South Bay Union School District/San Diego County, California General Obligation Bonds, (AGM Insured), Series 2022** <br>0.000% due 08/01/2037 (a) | 1290 | 760 |
| **South Tahoe Joint Powers Financing Authority,California Revenue Bonds, Series 2023** <br>5.250% due 10/01/2048 | 1825 | 1941 |
| **Sweetwater Union High School District, California General Obligation Bonds, Series 2022** <br>5.000% due 08/01/2052 | 2000 | 2064 |
| **Tracy Public Financing Authority, California Revenue Bonds, (BAM Insured), Series 2024** <br>5.000% due 11/01/2049 | 1345 | 1380 |
| **Ukiah Unified School District, California General Obligation Bonds, (AGM Insured), Series 2022** <br>5.500% due 08/01/2049 | 1000 | 1074 |
| **University of California Revenue Bonds, Series 2017** <br>5.000% due 05/15/2042 | 2655 | 2679 |
| **West Covina Unified School District, California General Obligation Bonds, Series 2024** <br>4.000% due 08/01/2047 | 3000 | 2816 |
|  |  | 202320 |
| **INDIANA 1.0%**  |  |  |
| **Fort Wayne Redevelopment Authority, Indiana Revenue Bonds, Series 2022** <br>5.000% due 12/15/2041 | 2050 | 2118 |
| **MULTI-STATE 2.0%**  |  |  |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2023** <br>4.033% due 12/25/2036 | 2930 | 2933 |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2024** <br>4.700% due 04/25/2042 | 1497 | 1492 |
|  |  | 4425 |
| **OHIO 0.8%**  |  |  |
| **Warren City School District, Ohio Certificates of Participation Bonds, Series 2023** <br>4.625% due 12/01/2052 | 2000 | 1777 |
| **TEXAS 0.6%**  |  |  |
| **Upper Trinity Regional Water District, Texas Revenue Bonds, Series 2022** <br>5.000% due 08/01/2042 | 1160 | 1192 |
| **UTAH 0.6%**  |  |  |
| **Utah Infrastructure Agency Revenue Bonds, Series 2022** <br>5.500% due 10/15/2049 | 1350 | 1396 |
| Total Municipal Bonds & Notes (Cost $217,662) |  | 213228 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.2%**  |  |  |
| **MUTUAL FUNDS 0.2%**  |  |  |
| **Fidelity Investments Money Market Government Portfolio, Class I** <br> 4.410% **(c)** | 292471 | 292 |

---

------

<br> Schedule of Investments PIMCO California Municipal Opportunistic Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $292) |  | 292 |
| Total Investments in Securities (Cost $217,954) |  | 213520 |
| **INVESTMENTS IN AFFILIATES 1.1%**  |  |  |
| **SHORT-TERM INSTRUMENTS 1.1%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 1.1%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 250861 | 2443 |
| Total Short-Term Instruments (Cost $2,442) |  | 2443 |
| Total Investments in Affiliates (Cost $2,442) |  | 2443 |
| Total Investments 99.0% (Cost $220,396) |  | $215963 |
| Other Assets and Liabilities, net 1.0% |  | 2241 |
| Net Assets 100.0% |  | $218204 |

---

------

<br> Schedule of Investments PIMCO California Municipal Opportunistic Value Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **(a)** | **Zero coupon security** | **Zero coupon security** | **Zero coupon security** | **Zero coupon security** | **Zero coupon security** |
| **(b)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(c)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | $0 | $202320 | $0 | $202320 |
| Indiana | Indiana | 0 | 2118 | 0 | 2118 |
| Multi-State | Multi-State | 0 | 4425 | 0 | 4425 |
| Ohio | Ohio | 0 | 1777 | 0 | 1777 |
| Texas | Texas | 0 | 1192 | 0 | 1192 |
| Utah | Utah | 0 | 1396 | 0 | 1396 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 292 | 0 | 0 | 292 |
|  |  | $292 | $213228 | $0 | $213520 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $2443 | $0 | $0 | $2443 |
| Total Investments | Total Investments | $2735 | $213228 | $0 | $215963 |

---

**There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.**

------

<br> Schedule of Investments PIMCO California Short Duration Municipal Income Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 93.1% ¤** |  |  |
| **MUNICIPAL BONDS & NOTES 84.9%**  |  |  |
| **ALABAMA 0.7%**  |  |  |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2023** <br>5.500% due 10/01/2054 | $600 | $648 |
| **Southeast Energy Authority A Cooperative District, Alabama Revenue Bonds, Series 2023** <br>5.000% due 01/01/2054 | 600 | 632 |
|  |  | 1280 |
| **CALIFORNIA 80.6%**  |  |  |
| **Anaheim Housing & Public Improvements Authority, California Revenue Bonds, Series 2024** <br>3.200% due 10/01/2054 | 1500 | 1500 |
| **Antelope Valley Community College District, California General Obligation Bonds, Series 2022** <br>0.000% due 08/01/2034 (b) | 600 | 420 |
| **Antelope Valley-East Kern Water Agency Financing Authority, California Revenue Bonds, Series 2025** <br>5.000% due 04/01/2055 (a) | 3500 | 3636 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2001** <br>3.170% (MUNIPSA + 1.250%) due 04/01/2036 ~ | 1000 | 993 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2018** <br>2.625% due 04/01/2045 | 680 | 676 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2021**  |  |  |
| 2.330% due 04/01/2056 ~ | 500 | 482 |
| 2.370% due 04/01/2056 ~  | 1000 | 992 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2023** <br>2.950% due 04/01/2055 | 3000 | 3000 |
| **Bay Area Toll Authority, California Revenue Bonds, Series 2024** <br>2.950% due 04/01/2059 | 4500 | 4500 |
| **Bay Area Toll Authority, California Revenue Notes, Series 2025** <br>5.000% due 04/01/2033 | 1400 | 1617 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 02/01/2052  | 2350 | 2337 |
| 4.000% due 10/01/2052  | 2000 | 2006 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2023**  |  |  |
| 5.000% due 02/01/2054  | 700 | 737 |
| 5.250% due 01/01/2054  | 1150 | 1206 |
| 5.500% due 10/01/2054  | 995 | 1067 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2054  | 1000 | 1054 |
| 5.000% due 01/01/2055  | 1000 | 1034 |
| 5.000% due 02/01/2055  | 2700 | 2872 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2025** <br>5.000% due 03/01/2056 | 1700 | 1806 |
| **California County Tobacco Securitization Agency Revenue Bonds, Series 2020**  |  |  |
| 5.000% due 06/01/2031  | 250 | 262 |
| 5.000% due 06/01/2032  | 300 | 313 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 1998** <br>2.200% due 09/01/2028 | 1000 | 1000 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2019** <br>5.000% due 10/01/2039 | 3500 | 3518 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2022** <br>5.000% due 03/01/2040 | 605 | 626 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2023** <br>2.500% due 03/01/2041 | 1500 | 1500 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2025** <br>5.000% due 10/01/2050 (a) | 1700 | 1820 |
| **California Health Facilities Financing Authority Revenue Notes, Series 2021** <br>5.000% due 11/01/2031 | 550 | 623 |
| **California Health Facilities Financing Authority Revenue Notes, Series 2025** <br>5.000% due 08/15/2033 | 1500 | 1720 |
| **California Housing Finance Agency Revenue Bonds, (FHLMC Insured), Series 2021** <br>3.750% due 03/25/2035 | 1896 | 1891 |
| **California Housing Finance Agency Revenue Bonds, Series 2024** <br>5.970% due 11/01/2053 | 1250 | 1261 |
| **California Housing Finance Agency Revenue Bonds, Series 2025** <br>3.250% due 06/01/2055 | 1500 | 1504 |
| **California Housing Finance Agency Revenue Notes, Series 2024** <br>0.400% due 12/01/2027 | 1320 | 1320 |
| **California Housing Finance Revenue Bonds, Series 2024** <br>5.700% due 06/01/2054 | 1000 | 993 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2021** <br>2.620% due 12/01/2050 ~ | 1000 | 995 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2024** <br>5.000% due 06/01/2039 | 1000 | 1110 |

---

------

<br> Schedule of Investments PIMCO California Short Duration Municipal Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **California** **Infrastructure & Economic Development Bank Revenue Notes, Series 2018** <br>5.000% due 10/01/2025 | 2500 | 2514 |
| **California Municipal Finance Authority Revenue Bonds, Series 2009** <br>3.300% due 02/01/2039 | 1500 | 1482 |
| **California Municipal Finance Authority Revenue Bonds, Series 2021** <br>4.150% due 07/01/2051 | 1550 | 1550 |
| **California Municipal Finance Authority Revenue Bonds, Series 2024** <br>5.000% due 06/01/2056 | 1125 | 1183 |
| **California Municipal Finance Authority Revenue Bonds, Series 2025** <br>3.536% due 02/20/2041 | 500 | 426 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2017** <br>4.250% due 11/01/2042 | 2000 | 2000 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2023** <br>3.700% due 07/01/2043 | 1000 | 999 |
| **California Public Finance Authority Revenue Bonds, Series 2022** <br>1.600% due 07/15/2062 | 2500 | 2500 |
| **California State General Obligation Bonds, (AGM Insured), Series 2007** <br>5.250% due 08/01/2032 | 2500 | 2823 |
| **California State General Obligation Bonds, Series 2016** <br>5.000% due 09/01/2031 | 3000 | 3069 |
| **California State General Obligation Notes, Series 2017** <br>5.000% due 08/01/2025 | 2880 | 2885 |
| **California State General Obligation Notes, Series 2020** <br>5.000% due 11/01/2027 | 1500 | 1584 |
| **California State General Obligation Notes, Series 2022** <br>5.000% due 11/01/2026 | 1820 | 1879 |
| **California State General Obligation Notes, Series 2023** <br>5.000% due 09/01/2025 | 1000 | 1004 |
| **California State Public Works Board Revenue Bonds, Series 2015** <br>5.000% due 05/01/2028 | 1500 | 1502 |
| **California State Public Works Board Revenue Notes, Series 2024** <br>5.000% due 09/01/2031 | 1000 | 1123 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2006** <br>1.450% due 04/01/2028 | 1000 | 927 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2008** <br>2.200% due 08/15/2047 | 2250 | 2250 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2009** <br>5.000% due 04/01/2046 | 1000 | 1087 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2016** <br>5.000% due 05/15/2027 | 500 | 507 |
| **Corona Community Facilities District, California Special Tax Notes, Series 2024**  |  |  |
| 5.000% due 09/01/2029  | 25 | 27 |
| 5.000% due 09/01/2030  | 50 | 54 |
| 5.000% due 09/01/2031  | 115 | 123 |
| **East Bay Municipal Utility District Water System, California Revenue Notes, Series 2025** <br>5.000% due 06/01/2028 | 2000 | 2152 |
| **East County, California Advanced Water Purification Joint Powers Authority Revenue Notes, Series 2024** <br>5.000% due 09/01/2026 | 1000 | 1022 |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021** <br>2.687% due 06/01/2030 | 1500 | 1367 |
| **Grossmont Healthcare District, California General Obligation Bonds, (AMBAC Insured), Series 2007** <br>0.000% due 07/15/2025 (b) | 1700 | 1698 |
| **Inland Empire Tobacco Securitization Corp. California Revenue Bonds, Series 2019** <br>3.678% due 06/01/2038 | 470 | 451 |
| **Irvine, California Special Assessment Bonds, Series 2004** <br>2.200% due 09/02/2029 | 1500 | 1500 |
| **Long Beach, California Harbor Revenue Notes, Series 2017** <br>5.000% due 05/15/2027 | 1000 | 1038 |
| **Los Angeles Community College District, California General Obligation Notes, Series 2024** <br>5.000% due 08/01/2031 | 1500 | 1708 |
| **Los Angeles County, California Development Authority Revenue Bonds, Series 2025** <br>3.350% due 09/01/2059 | 500 | 501 |
| **Los Angeles County, California Facilities, Inc., Revenue Bonds, Series 2018** <br>5.000% due 12/01/2051 | 2630 | 2842 |
| **Los Angeles Department of Airports, California Revenue Bonds, Series 2018** <br>5.000% due 05/15/2034 | 1000 | 1026 |
| **Los Angeles Housing Authority, California Revenue Notes, Series 2024** <br>3.250% due 02/01/2029 | 1750 | 1758 |
| **Los Angeles Unified School District, California General Obligation Bonds, Series 2024** <br>5.000% due 07/01/2035 | 1100 | 1258 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2022** <br>5.000% due 07/01/2028 | 1000 | 1071 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2023** <br>5.000% due 07/01/2027 | 1000 | 1048 |
| **Los Angeles Unified School District, California General Obligation Notes, Series 2024** <br>5.000% due 07/01/2026 | 1000 | 1026 |
| **Mount Diablo Unified School District, California General Obligation Notes, Series 2025** <br>5.000% due 08/01/2029 | 1000 | 1095 |
| **Napa Valley Unified School District, California General Obligation Notes, Series 2025** <br>5.000% due 08/01/2026 | 1000 | 1025 |
| **Orange County, California Special Assessment Notes, Series 2018** <br>3.000% due 09/02/2025 | 370 | 370 |
| **Port of Los Angeles, California Revenue Notes, Series 2024** <br>5.000% due 08/01/2028 | 1000 | 1054 |
| **Rialto Unified School District, California Certificates of Participation Notes, (BAM Insured), Series 2024** <br>5.000% due 09/01/2031 | 250 | 279 |

---

------

<br> Schedule of Investments PIMCO California Short Duration Municipal Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Roseville** **, California Special Tax Bonds, Series 2017** <br>5.000% due 09/01/2033 | 965 | 988 |
| **Sacramento County, California Airport System Revenue Bonds, Series 2018** <br>5.000% due 07/01/2033 | 1120 | 1154 |
| **Sacramento County, California Airport System Revenue Notes, Series 2024** <br>5.000% due 07/01/2032 | 1750 | 1982 |
| **Sacramento County, California Special Tax Notes, Series 2022** <br>5.000% due 09/01/2029 | 1000 | 1056 |
| **Sacramento County, California Water Financing Authority Revenue Bonds, (NPFGC Insured), Series 2007** <br>3.626% (US0003M + 0.550%) due 06/01/2034 ~ | 955 | 920 |
| **San Diego County, California Regional Airport Authority Revenue Notes, Series 2023** <br>5.000% due 07/01/2033 | 1000 | 1088 |
| **San Diego Unified School District, California General Obligation Notes, Series 2023** <br>5.000% due 07/01/2028 | 1000 | 1075 |
| **San Diego Unified School District, California General Obligation Notes, Series 2024** <br>5.000% due 07/01/2034 | 1050 | 1225 |
| **San Dieguito Union High School District, California General Obligation Bonds, Series 2015** <br>4.000% due 02/01/2040 | 1200 | 1201 |
| **San Francisco, California City & County Airport Comm-San Francisco International Airport Revenue Bonds, Series 2018** <br>0.500% due 05/01/2058 | 2500 | 2500 |
| **San Francisco, California City & County General Obligation Notes, Series 2024** <br>5.000% due 06/15/2027 | 1300 | 1367 |
| **San Francisco, California Public Utilities Commission Water Revenue Bonds, Series 2016** <br>4.000% due 11/01/2039 | 1000 | 983 |
| **San Jose Unified School District, California General Obligation Bonds, (NPFGC Insured), Series 2006** <br>0.000% due 08/01/2030 (b) | 2520 | 2178 |
| **San Juan Unified School District, California General Obligation Notes, Series 2019** <br>4.000% due 08/01/2025 | 250 | 250 |
| **Santa Clara Valley Water District, California Revenue Bonds, Series 2024** <br>5.000% due 06/01/2039 | 500 | 562 |
| **Santa Cruz City High School District, California General Obligation Bonds, Series 2017** <br>4.000% due 08/01/2042 | 1000 | 940 |
| **Silicon Valley Clean Water, California Revenue Notes, Series 2021** <br>0.500% due 03/01/2026 | 3000 | 2945 |
| **Solano County, California Community College District General Obligation Bonds, Series 2015** <br>5.000% due 08/01/2028 | 250 | 250 |
| **South Placer Wastewater Authority, California Revenue Notes, Series 2020** <br>5.000% due 11/01/2029 | 250 | 274 |
| **Tobacco Securitization Authority of Southern California Revenue Notes, Series 2019**  |  |  |
| 5.000% due 06/01/2026  | 1000 | 1012 |
| 5.000% due 06/01/2029  | 500 | 523 |
| **Union Sanitary District Financing Authority, California Revenue Notes, Series 2025** <br>5.000% due 03/15/2030 | 1500 | 1659 |
| **Vista Joint Powers Financing Authority, California Revenue Notes, Series 2025** <br>5.000% due 05/01/2027 | 650 | 678 |
| **Washington Unified School District/Yolo County, California General Obligation Bonds, (NPFGC Insured), Series 2004** <br>0.000% due 08/01/2026 (b) | 1000 | 969 |
| **West Contra Costa Unified School District, California General Obligation Notes, Series 2025** <br>5.000% due 08/01/2029 | 1500 | 1632 |
|  |  | 140589 |
| **DISTRICT OF COLUMBIA 0.9%**  |  |  |
| **District of Columbia Income Tax Revenue Notes, Series 2025** <br>5.000% due 06/01/2027 | 1500 | 1565 |
| **GEORGIA 0.4%**  |  |  |
| **Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2023** <br>5.000% due 12/01/2053 | 600 | 632 |
| **MICHIGAN 0.3%**  |  |  |
| **Michigan Finance Authority Revenue Bonds, Series 2015** <br>1.200% due 10/15/2030 | 500 | 471 |
| **OREGON 0.2%**  |  |  |
| **Oregon State Facilities Authority Revenue Notes, Series 2020** <br>5.000% due 10/01/2027 | 300 | 310 |
| **PUERTO RICO 1.8%**  |  |  |
| **Puerto Rico Housing Finance Authority Revenue Notes, Series 2023** <br>5.000% due 03/01/2027 | 1000 | 1011 |

---

------

<br> Schedule of Investments PIMCO California Short Duration Municipal Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Puerto** **Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018** <br>4.500% due 07/01/2034 | 2223 | 2223 |
|  |  | 3234 |
| Total Municipal Bonds & Notes (Cost $148,444) |  | 148081 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 8.2%**  |  |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (c) | 127934 | 128 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **MUNICIPAL BONDS & NOTES 8.1%**  |  |  |
| **California School Cash Reserve Program Authority Revenue Notes, Series 2025** <br>5.000% due 06/30/2026 (a) | $3500 | 3574 |
| **Housing & Redevelopment Authority of The City of St Paul Minnesota Revenue Notes, Series 2025** <br>5.000% due 07/01/2025 | 500 | 500 |
| **Los Angeles County, California Revenue Notes, Series 2025** <br>5.000% due 06/30/2026 (a) | 2000 | 2046 |
| **Los Angeles, California Revenue Notes, Series 2025** <br>5.000% due 06/25/2026 (a) | 1500 | 1530 |
| **Riverside County, California Revenue Notes, Series 2025** <br>5.000% due 06/30/2026 (a) | 1500 | 1535 |
| **San Diego County, California Revenue Notes, Series 2025** <br>5.000% due 06/30/2026 (a) | 3500 | 3583 |
| **Santa Clara, California Electric Revenue Notes, Series 2024** <br>5.000% due 07/01/2025 | 400 | 400 |
| **Santa Cruz County, California Revenue Notes, Series 2024** <br>5.000% due 07/01/2025 | 1000 | 1000 |
| Total Municipal Bonds & Notes (Cost $14,153) |  | 14168 |
| Total Short-Term Instruments (Cost $14,281) |  | 14296 |
| Total Investments in Securities (Cost $162,725) |  | 162377 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 15.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 15.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 15.6%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 2793092 | 27196 |
| Total Short-Term Instruments (Cost $27,189) |  | 27196 |
| Total Investments in Affiliates (Cost $27,189) |  | 27196 |
| Total Investments 108.7% (Cost $189,914) |  | $189573 |
| Other Assets and Liabilities, net (8.7)% |  | (15113) |
| Net Assets 100.0% |  | $174460 |

---

------

<br> Schedule of Investments PIMCO California Short Duration Municipal Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(c)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Alabama | Alabama | $0 | $1280 | $0 | $1280 |
| California | California | 0 | 140589 | 0 | 140589 |
| District of Columbia | District of Columbia | 0 | 1565 | 0 | 1565 |
| Georgia | Georgia | 0 | 632 | 0 | 632 |
| Michigan | Michigan | 0 | 471 | 0 | 471 |
| Oregon | Oregon | 0 | 310 | 0 | 310 |
| Puerto Rico | Puerto Rico | 0 | 3234 | 0 | 3234 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 0 | 128 | 0 | 128 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | 0 | 14168 | 0 | 14168 |
|  |  | $0 | $162377 | $0 | $162377 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $27196 | $0 | $0 | $27196 |
| Total Investments | Total Investments | $27196 | $162377 | $0 | $189573 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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------

<br> Schedule of Investments PIMCO Climate Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 99.5% ¤** |  |  |
| **CORPORATE BONDS & NOTES 66.4%**  |  |  |
| **BANKING & FINANCE 35.5%**  |  |  |
| **Acef Holding SCA** <br>0.750% due 06/14/2028 | 100 | $111 |
| **AIB Group PLC** <br>2.875% due 05/30/2031 •  | 125 | 147 |
| **Alexandria Real Estate Equities, Inc.** <br>2.000% due 05/18/2032 | $160 | 133 |
| **Assura Financing PLC** <br>1.625% due 06/30/2033 | 125 | 128 |
| **AXA SA** <br>5.625% due 01/16/2054 •  | 100 | 138 |
| **Bank of America Corp.**  |  |  |
| 4.134% due 06/12/2028  | 100 | 123 |
| 6.204% due 11/10/2028 •  | $200 | 208 |
| **Bank of Ireland Group PLC**  |  |  |
| 5.000% due 07/04/2031 •  | 100 | 127 |
| 7.594% due 12/06/2032 •  | 100 | 144 |
| **Banque Federative du Credit Mutuel SA** <br>0.250% due 06/29/2028 | 100 | 110 |
| **BNP Paribas SA** <br>4.625% due 02/25/2031 •(d)(e) | $200 | 178 |
| **Boston Properties LP**  |  |  |
| 2.450% due 10/01/2033  | 100 | 80 |
| 6.500% due 01/15/2034  | 20 | 21 |
| **British Land Co. PLC** <br>2.375% due 09/14/2029 | 100 | 125 |
| **Caja Rural de Navarra SCC** <br>3.000% due 04/26/2027 | 100 | 119 |
| **Castellum AB** <br>0.750% due 09/04/2026 | 100 | 116 |
| **CBRE Global Investors Open-Ended Funds SCA SICAV-SIF-Pan European Core Fund**  |  |  |
| 0.900% due 10/12/2029  | 100 | 107 |
| 4.750% due 03/27/2034  | 100 | 123 |
| **CBRE Services, Inc.** <br>2.500% due 04/01/2031 | $100 | 88 |
| **Commerzbank AG** <br>4.125% due 02/20/2037 •  | 200 | 237 |
| **Commonwealth Bank of Australia** <br>4.266% due 06/04/2034 •  | 100 | 121 |
| **Community Preservation Corp.** <br>2.867% due 02/01/2030 | $75 | 69 |
| **Credit Agricole SA** <br>4.375% due 11/27/2033 | 200 | 249 |
| **CTP NV** <br>1.250% due 06/21/2029 | 200 | 219 |
| **Derwent London PLC** <br>1.875% due 11/17/2031 | 100 | 114 |
| **Deutsche Bank AG** <br>1.875% due 02/23/2028 •  | 200 | 233 |
| **DNB Bank ASA** <br>4.625% due 11/01/2029 •  | 100 | 125 |
| **EQT AB** <br>0.875% due 05/14/2031 | 100 | 102 |
| **Equinix Europe 2 Financing Corp. LLC** <br>3.650% due 09/03/2033 | 100 | 117 |
| **Equinix, Inc.** <br>1.550% due 03/15/2028 | $80 | 75 |
| **ERP Operating LP** <br>1.850% due 08/01/2031 | 100 | 86 |
| **Erste Group Bank AG** <br>3.250% due 01/14/2033 •  | 100 | 118 |
| **Eurofima Europaeische Gesellschaft fuer die Finanzierung von Eisenbahnmaterial** <br>3.125% due 11/09/2031 | 100 | 121 |
| **European Investment Bank**  |  |  |
| 0.750% due 07/15/2027  | 200 | 125 |
| 2.750% due 01/16/2034  | 40 | 47 |
| 3.750% due 02/14/2033  | $240 | 235 |
| **European Union** <br>3.250% due 02/04/2050 | 100 | 108 |
| **Farmers Exchange Capital** <br>5.454% due 10/15/2054 • | $50 | 45 |

---

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<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Ford** **Motor Credit Co. LLC** <br>5.625% due 10/09/2028 | 100 | 137 |
| **Goodman Australia Finance Pty. Ltd.** <br>4.250% due 05/03/2030 | 100 | 123 |
| **Grainger PLC** <br>3.375% due 04/24/2028 | 100 | 132 |
| **HA Sustainable Infrastructure Capital, Inc.** <br>6.750% due 07/15/2035 | $40 | 41 |
| **HAT Holdings LLC**  |  |  |
| 3.750% due 09/15/2030  | 125 | 115 |
| 8.000% due 06/15/2027  | 10 | 10 |
| **Healthpeak OP LLC** <br>2.125% due 12/01/2028 | 100 | 93 |
| **Host Hotels & Resorts LP**  |  |  |
| 2.900% due 12/15/2031  | 50 | 44 |
| 3.500% due 09/15/2030  | 100 | 93 |
| 5.700% due 07/01/2034  | 125 | 126 |
| **Hudson Pacific Properties LP** <br>5.950% due 02/15/2028 | 25 | 24 |
| **IHG Finance LLC** <br>4.375% due 11/28/2029 | 100 | 124 |
| **ING Groep NV**  |  |  |
| 4.000% due 02/12/2035 •  | 100 | 122 |
| 4.875% due 05/16/2029 •(d)(e)  | $200 | 188 |
| **International Bank for Reconstruction & Development**  |  |  |
| 3.875% due 08/28/2034  | 75 | 73 |
| 4.000% due 08/27/2026  | 75 | 75 |
| **International Development Association** <br>4.375% due 06/11/2029 | 100 | 102 |
| **International Finance Corp.** <br>4.900% due 12/05/2034 | 200 | 135 |
| **JAB Holdings BV** <br>4.375% due 04/25/2034 | 200 | 240 |
| **John Deere Capital Corp.** <br>5.100% due 04/11/2034 | $100 | 102 |
| **JPMorgan Chase & Co.** <br>6.070% due 10/22/2027 •  | 200 | 204 |
| **Kilroy Realty LP** <br>2.500% due 11/15/2032 | 100 | 81 |
| **Kreditanstalt fuer Wiederaufbau**  |  |  |
| 0.000% due 09/15/2031 (c) | 650 | 656 |
| 2.000% due 11/15/2029  | 300 | 349 |
| **Lendlease Finance Ltd.** <br>3.400% due 10/27/2027 | 80 | 51 |
| **Lloyds Banking Group PLC** <br>3.875% due 05/14/2032 •  | 100 | 121 |
| **Lseg Netherlands BV** <br>4.231% due 09/29/2030 | 100 | 124 |
| **Mitsubishi UFJ Financial Group, Inc.** <br>0.848% due 07/19/2029 | 200 | 218 |
| **Mizuho Financial Group, Inc.** <br>3.460% due 08/27/2030 •  | 250 | 300 |
| **Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen** <br>1.000% due 05/26/2042 •  | 100 | 99 |
| **Nationale-Nederlanden Bank NV**  |  |  |
| 0.500% due 09/21/2028  | 100 | 110 |
| 1.875% due 05/17/2032  | 100 | 110 |
| **NatWest Group PLC** <br>3.673% due 08/05/2031 •  | 150 | 181 |
| **NE Property BV** <br>2.000% due 01/20/2030 | 100 | 111 |
| **Norinchukin Bank** <br>5.430% due 03/09/2028 | $200 | 204 |
| **P3 Group SARL** <br>4.000% due 04/19/2032 | 100 | 119 |
| **Prologis International Funding SA**  |  |  |
| 0.875% due 07/09/2029  | 125 | 136 |
| 1.750% due 03/15/2028  | 125 | 144 |
| **Rayonier LP** <br>2.750% due 05/17/2031 | $100 | 89 |
| **Sagax AB** <br>4.375% due 05/29/2030 | 200 | 245 |
| **Segro Capital SARL** <br>0.500% due 09/22/2031 | 100 | 99 |
| **Shinhan Bank Co. Ltd.** <br>3.320% due 01/29/2027 | 100 | 119 |
| **Standard Chartered PLC** <br>0.800% due 11/17/2029 •  | 100 | 110 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>3.318% due 10/07/2031 | 100 | 119 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>5.500% due 03/09/2028 | $200 | 206 |
| **Svenska Handelsbanken AB** <br>3.250% due 08/27/2031 | 200 | 238 |
| **UniCredit Bank Czech Republic & Slovakia AS** <br>3.750% due 06/20/2028 | 100 | 122 |

---

------

<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Vesteda** **Finance BV** <br>4.000% due 05/07/2032 | 100 | 121 |
| **VIA Outlets BV** <br>1.750% due 11/15/2028 | 100 | 113 |
| **Volkswagen Financial Services AG** <br>3.875% due 09/10/2030 | 200 | 241 |
| **Weyerhaeuser Co.** <br>7.375% due 03/15/2032 | $9 | 10 |
| **ZF Finance GmbH** <br>2.000% due 05/06/2027 | 100 | 112 |
|  |  | 12233 |
| **INDUSTRIALS 15.0%**  |  |  |
| **Amgen, Inc.** <br>3.000% due 02/22/2029 | $200 | 191 |
| **Amprion GmbH**  |  |  |
| 3.625% due 05/21/2031  | 100 | 120 |
| 3.875% due 09/07/2028  | 100 | 122 |
| **AP Moller - Maersk AS** <br>5.875% due 09/14/2033 | $66 | 69 |
| **Aptiv Swiss Holdings Ltd.** <br>4.250% due 06/11/2036 | 100 | 117 |
| **Arcadis NV** <br>4.875% due 02/28/2028 | 100 | 123 |
| **Autodesk, Inc.**  |  |  |
| 2.400% due 12/15/2031  | $50 | 44 |
| 5.300% due 06/15/2035  | 100 | 102 |
| **Berkeley Group PLC** <br>2.500% due 08/11/2031 | 100 | 115 |
| **Burberry Group PLC** <br>5.750% due 06/20/2030 | 125 | 172 |
| **Chanel Ceres PLC** <br>1.000% due 07/31/2031 | 150 | 155 |
| **Comcast Corp.** <br>4.650% due 02/15/2033 | $40 | 40 |
| **Continental Wind LLC** <br>6.000% due 02/28/2033 | 44 | 46 |
| **Coty, Inc.** <br>4.500% due 05/15/2027 | 100 | 120 |
| **Denso Corp.** <br>4.420% due 09/11/2029 | $100 | 100 |
| **DSV Finance BV** <br>0.500% due 03/03/2031 | 100 | 102 |
| **Flora Food Management BV** <br>6.875% due 07/02/2029 | 100 | 120 |
| **Ford Motor Co.** <br>6.100% due 08/19/2032 | $38 | 38 |
| **Forvia SE** <br>2.375% due 06/15/2029 | 100 | 109 |
| **Gap, Inc.** <br>3.625% due 10/01/2029 | $150 | 139 |
| **Hanwha Q Cells Americas Holdings Corp.** <br>5.000% due 07/27/2028 | 200 | 204 |
| **JDE Peet's NV** <br>2.250% due 09/24/2031 | 150 | 128 |
| **Kerry Group Financial Services Unltd. Co.** <br>3.375% due 03/05/2033 | 200 | 235 |
| **Levi Strauss & Co.** <br>3.500% due 03/01/2031 | $55 | 50 |
| **Liberty Utilities Finance GP 1** <br>2.050% due 09/15/2030 | 200 | 176 |
| **Moody's Corp.**  |  |  |
| 2.000% due 08/19/2031  | 100 | 87 |
| 3.100% due 11/29/2061  | 30 | 19 |
| **MSCI, Inc.** <br>3.625% due 09/01/2030 | 100 | 94 |
| **Nexans SA** <br>4.250% due 03/11/2030 | 100 | 122 |
| **Norsk Hydro ASA** <br>3.625% due 01/23/2032 | 100 | 118 |
| **NTT Finance Corp.** <br>0.399% due 12/13/2028 | 100 | 109 |
| **Oberlin College** <br>2.874% due 10/01/2051 | $125 | 74 |
| **Owens Corning** <br>5.500% due 06/15/2027 | 100 | 102 |
| **Pandora AS** <br>3.875% due 05/31/2030 | 100 | 121 |
| **PepsiCo, Inc.** <br>3.900% due 07/18/2032 | $40 | 39 |
| **PVH Corp.** <br>4.125% due 07/16/2029 | 100 | 120 |
| **Smurfit Kappa Treasury ULC**  |  |  |
| 0.500% due 09/22/2029  | 100 | 107 |
| 5.438% due 04/03/2034  | $100 | 101 |

---

------

<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Swisscom** **Finance BV** <br>3.250% due 09/05/2034 | 100 | 117 |
| **Synopsys, Inc.** <br>5.000% due 04/01/2032 | $50 | 51 |
| **T-Mobile USA, Inc.** <br>4.950% due 03/15/2028 | 100 | 102 |
| **Telefonica Emisiones SA** <br>4.183% due 11/21/2033 | 100 | 121 |
| **TenneT Holding BV** <br>4.500% due 10/28/2034 | 100 | 127 |
| **Trane Technologies Financing Ltd.** <br>5.100% due 06/13/2034 | $40 | 40 |
| **VF Corp.** <br>4.250% due 03/07/2029 | 100 | 113 |
| **Vmed O2 U.K. Financing PLC** <br>5.625% due 04/15/2032 | 100 | 121 |
| **Wabtec Transportation Netherlands BV** <br>1.250% due 12/03/2027 | 200 | 228 |
| **ZF North America Capital, Inc.** <br>6.875% due 04/14/2028 | $10 | 10 |
|  |  | 5180 |
| **UTILITIES 15.9%**  |  |  |
| **AES Corp.**  |  |  |
| 2.450% due 01/15/2031  | 100 | 88 |
| 5.450% due 06/01/2028  | 40 | 41 |
| **British Telecommunications PLC** <br>3.875% due 01/20/2034 | 100 | 120 |
| **CenterPoint Energy Houston Electric LLC** <br>5.300% due 04/01/2053 | $25 | 24 |
| **Duke Energy Progress LLC** <br>5.100% due 03/15/2034 | 100 | 102 |
| **EDP Servicios Financieros Espana SA** <br>4.375% due 04/04/2032 | 200 | 250 |
| **Electricite de France SA**  |  |  |
| 4.750% due 06/17/2044  | 100 | 118 |
| 7.375% due 06/17/2035 •(d)  | 100 | 139 |
| **Enel Finance International NV** <br>1.625% due 07/12/2026 | $200 | 194 |
| **Eurogrid GmbH** <br>3.732% due 10/18/2035 | 100 | 117 |
| **Hanwha Energy USA Holdings Corp.** <br>4.375% due 07/02/2028 (a) | $200 | 201 |
| **iliad SA** <br>4.250% due 12/15/2029 | 200 | 239 |
| **MidAmerican Energy Co.**  |  |  |
| 3.650% due 08/01/2048  | $150 | 112 |
| 4.250% due 07/15/2049  | 25 | 20 |
| **Mississippi Power Co.** <br>3.100% due 07/30/2051 | 50 | 33 |
| **National Grid PLC** <br>3.875% due 01/16/2029 | 100 | 122 |
| **NBN Co. Ltd.** <br>3.500% due 03/22/2030 | 200 | 241 |
| **New York State Electric & Gas Corp.** <br>5.650% due 08/15/2028 | $325 | 337 |
| **NextEra Energy Capital Holdings, Inc.** <br>1.900% due 06/15/2028 | 100 | 94 |
| **Niagara Mohawk Power Corp.**  |  |  |
| 1.960% due 06/27/2030  | 125 | 110 |
| 5.783% due 09/16/2052  | 40 | 39 |
| **Northern States Power Co.** <br>5.400% due 03/15/2054 | 100 | 97 |
| **NSTAR Electric Co.** <br>3.100% due 06/01/2051 | 25 | 16 |
| **Oncor Electric Delivery Co. LLC** <br>3.500% due 05/15/2031 | 100 | 120 |
| **Pacific Gas & Electric Co.** <br>6.700% due 04/01/2053 | $41 | 41 |
| **Public Service Co. of Colorado** <br>3.200% due 03/01/2050 | 53 | 35 |
| **Public Service Co. of Oklahoma** <br>2.200% due 08/15/2031 | 200 | 173 |
| **Public Service Electric & Gas Co.**  |  |  |
| 3.100% due 03/15/2032  | 200 | 183 |
| 4.650% due 03/15/2033  | 50 | 50 |
| **Puget Sound Energy, Inc.** <br>5.685% due 06/15/2054 | 20 | 20 |
| **San Diego Gas & Electric Co.** <br>4.950% due 08/15/2028 | 150 | 153 |
| **Severn Trent Utilities Finance PLC**  |  |  |
| 2.625% due 02/22/2033  | 100 | 115 |
| 3.875% due 08/04/2035  | 100 | 119 |
| **Solar Star Funding LLC** <br>5.375% due 06/30/2035 | $206 | 212 |

---

------

<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **South** **Eastern Power Networks PLC** <br>1.750% due 09/30/2034 | 200 | 207 |
| **Southern California Edison Co.**  |  |  |
| 2.500% due 06/01/2031  | $150 | 130 |
| 3.450% due 02/01/2052  | 100 | 63 |
| **Southwestern Public Service Co.**  |  |  |
| 3.150% due 05/01/2050  | 80 | 52 |
| 3.750% due 06/15/2049  | 50 | 36 |
| **SSE PLC** <br>4.000% due 09/05/2031 | 100 | 123 |
| **TDC Net AS** <br>5.618% due 02/06/2030 | 200 | 251 |
| **United Utilities Water Finance PLC** <br>3.750% due 05/23/2034 | 100 | 118 |
| **Verizon Communications, Inc.** <br>1.500% due 09/18/2030 | $280 | 242 |
| **Vodafone Group PLC** <br>5.125% due 06/04/2081 •  | 65 | 49 |
| **Wisconsin Electric Power Co.** <br>4.750% due 09/30/2032 | 20 | 20 |
| **Wisconsin Power & Light Co.** <br>4.950% due 04/01/2033 | 132 | 132 |
|  |  | 5498 |
| Total Corporate Bonds & Notes (Cost $22,063) |  | 22911 |
| **MUNICIPAL BONDS & NOTES 0.6%**  |  |  |
| **FLORIDA 0.3%**  |  |  |
| **State Board of Administration Finance Corp. Florida Revenue Notes, Series 2020** <br>2.154% due 07/01/2030 | 110 | 98 |
| **NEW YORK 0.3%**  |  |  |
| **New York City, New York Municipal Water Finance Authority, New York Revenue Bonds, (BABs), Series 2010** <br>5.724% due 06/15/2042 | 110 | 110 |
| Total Municipal Bonds & Notes (Cost $273) |  | 208 |
| **U.S. GOVERNMENT AGENCIES 5.0%**  |  |  |
| **Uniform Mortgage-Backed Security**  |  |  |
| 4.500% due 02/01/2053 - 07/01/2053 | 360 | 346 |
| 5.000% due 02/01/2053 - 07/01/2054 | 1395 | 1371 |
| Total U.S. Government Agencies (Cost $1,695) |  | 1717 |
| **U.S. TREASURY OBLIGATIONS 0.9%**  |  |  |
| **U.S. Treasury Notes**  |  |  |
| 4.625% due 02/15/2035 | 300 | 310 |
| Total U.S. Treasury Obligations (Cost $311) |  | 310 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 1.3%**  |  |  |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>3.431% due 11/10/2032 | 100 | 82 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.476% due 04/15/2038 •  | 87 | 87 |
| **Natixis Commercial Mortgage Securities Trust** <br>3.622% due 05/15/2039 | 100 | 96 |
| **One Bryant Park Trust** <br>2.516% due 09/15/2054 | 100 | 91 |
| **VASA Trust** <br>5.326% due 07/15/2039 •  | 100 | 97 |
| Total Non-Agency Mortgage-Backed Securities (Cost $493) |  | 453 |
| **ASSET-BACKED SECURITIES 2.2%**  |  |  |
| **AUTOMOBILE SEQUENTIAL 0.1%**  |  |  |
| **Hertz Vehicle Financing LLC** <br>5.490% due 06/25/2027 | 50 | 50 |
| **OTHER ABS 2.1%**  |  |  |
| **GoodLeap Sustainable Home Solutions Trust**  |  |  |
| 2.100% due 05/20/2048  | 65 | 51 |
| 4.000% due 04/20/2049  | 40 | 34 |
| 4.950% due 07/20/2049  | 80 | 73 |
| 5.520% due 02/22/2055  | 41 | 40 |
| **Loanpal Solar Loan Ltd.** <br>2.220% due 03/20/2048 | 46 | 37 |
| **Mosaic Solar Loan Trust** <br>2.640% due 01/20/2053 | 67 | 58 |
| **Sunnova Helios Issuer LLC** <br>5.300% due 05/20/2050 | 88 | 82 |

---

------

<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Sunnova** **Hestia Issuer LLC** <br>5.750% due 12/20/2050 | 89 | 90 |
| **Sunnova Sol Issuer LLC** <br>2.790% due 02/22/2049 | 122 | 102 |
| **Sunrun Demeter Issuer LLC** <br>2.270% due 01/30/2057 | 164 | 145 |
|  |  | 712 |
| Total Asset-Backed Securities (Cost $843) |  | 762 |
| **SOVEREIGN ISSUES 10.8%**  |  |  |
| **Adif Alta Velocidad** <br>3.500% due 04/30/2032 | 100 | 120 |
| **Agence Francaise de Developpement EPIC** <br>3.500% due 02/25/2033 | 100 | 121 |
| **Australia Government International Bond** <br>4.250% due 06/21/2034 | 1200 | 802 |
| **Belgium Government International Bond** <br>2.750% due 04/22/2039 | 100 | 109 |
| **Canada Government Bond**  |  |  |
| 2.250% due 12/01/2029  | 50 | 36 |
| 3.000% due 03/01/2032  | 100 | 73 |
| 3.500% due 03/01/2034  | 200 | 150 |
| **European Union**  |  |  |
| 2.625% due 02/04/2048  | 60 | 59 |
| 2.750% due 02/04/2033  | 135 | 159 |
| **Ile-de-France Mobilites** <br>3.050% due 02/03/2033 | 100 | 117 |
| **Italy Buoni Poliennali Del Tesoro** <br>4.050% due 10/30/2037 | 50 | 62 |
| **Japan Government International Bond** <br>2.100% due 09/20/2054 | 4900 | 29 |
| **Ministeries Van de Vlaamse Gemeenschap** <br>3.250% due 01/12/2043 | 100 | 109 |
| **Nederlandse Waterschapsbank NV** <br>3.000% due 04/20/2033 | 100 | 119 |
| **Netherlands Government International Bond** <br>3.250% due 01/15/2044 | 25 | 30 |
| **Ontario Teachers' Finance Trust** <br>2.850% due 12/04/2031 | 150 | 177 |
| **Province of Ontario** <br>4.100% due 03/04/2033 | 100 | 76 |
| **Regie Autonome des Transports Parisiens EPIC** <br>3.250% due 04/11/2033 | 100 | 118 |
| **Republic of Germany**  |  |  |
| 2.300% due 02/15/2033  | 150 | 175 |
| 2.500% due 02/15/2035  | 100 | 117 |
| **SFIL SA** <br>3.125% due 09/17/2029 | 100 | 120 |
| **Slovenia Government International Bond** <br>3.125% due 07/02/2035 (a) | 80 | 94 |
| **Societe Du Grand Paris EPIC** <br>0.300% due 11/25/2031 | 200 | 200 |
| **Societe Nationale SNCF SACA** <br>3.125% due 11/02/2027 | 100 | 120 |
| **United Kingdom Gilt**  |  |  |
| 0.875% due 07/31/2033  | 200 | 211 |
| 1.500% due 07/31/2053  | 70 | 44 |
| 4.375% due 07/31/2054  | 136 | 162 |
| Total Sovereign Issues (Cost $3,460) |  | 3709 |
| **SHORT-TERM INSTRUMENTS 12.3%**  |  |  |
| **U.S. TREASURY BILLS 12.3%**  |  |  |
| 4.326% due 09/16/2025 - 10/21/2025 (b)(c)(h) | $4300 | 4252 |
| Total Short-Term Instruments (Cost $4,252) |  | 4252 |
| Total Investments in Securities (Cost $33,390) |  | 34322 |
| Total Investments 99.5% (Cost $33,390) |  | $34322 |
| **Financial Derivative Instruments (f)(g) (1.8)**%(Cost or Premiums, net $47) |  | (630) |
| Other Assets and Liabilities, net 2.3% |  | 791 |
| Net Assets 100.0% |  | $34483 |

---

------

<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(e)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2027 | 09/2027 | 10 | $ | 2423 | 16 | 16 | 1 | 1 | 1 | 0 |
| Canada Government 2-Year Bond September Futures  | Canada Government 2-Year Bond September Futures  | Canada Government 2-Year Bond September Futures  | Canada Government 2-Year Bond September Futures  | Canada Government 2-Year Bond September Futures  | Canada Government 2-Year Bond September Futures  | 09/2025 | 09/2025 | 3 |  | 233 | 1 | 1 | 0 | 0 | 0 | 0 |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 9 |  | 1248 | (6) | (6) | 1 | 1 | 1 | (3) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 97 |  | 10573 | 114 | 114 | 13 | 13 | 13 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 20 |  | 2285 | 48 | 48 | 9 | 9 | 9 | 0 |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 2 |  | 231 | 8 | 8 | 2 | 2 | 2 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 181 | $ | 26 | 26 | $ | (3) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 1 | $ | (75) | (1) | (1) | 0 | 0 | 0 | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 22 |  | (3373) | 26 | 26 | 9 | 9 | 9 | (1) |
| Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | 09/2025 | 09/2025 | 2 |  | (280) | 5 | 5 | 1 | 1 | 1 | 0 |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 10 |  | (2080) | (9) | (9) | 0 | 0 | 0 | (1) |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 6 |  | (673) | (15) | (15) | 0 | 0 | 0 | (2) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 2 |  | (238) | (10) | (10) | 0 | 0 | 0 | (2) |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 2 |  | (255) | (4) | (4) | 1 | 1 | 1 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | (8) | $ | 11 | 11 | $ | (6) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **173** | **$** | **37** | **37** | **$** | **(9)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 3.500% | Annual | 03/19/2030 | 03/19/2030 | GBP | 400 | 400 | (11) | 6 | (5) | (5) | $0 | 0 | $0 |
| Receive | Receive | 1-Day GBP-SONIO Compounded-OIS | 3.750 | Annual | 03/19/2055 | 03/19/2055 |  | 60 | 60 | 7 | 3 | 10 | 10 | 0 | 0 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1.250 | Semi-Annual | 12/16/2050 | 12/16/2050 | $ | $280 | 280 | 84 | 51 | 135 | 135 | 0 | 0 | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 | 06/20/2054 |  | 400 | 400 | 11 | 18 | 29 | 29 | 0 | 0 | (3) |
| Pay<sup>(1)</sup> | Pay<sup>(1)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 | 09/17/2030 | EUR | 1900 | 1900 | (27) | 24 | (3) | (3) | 0 | 0 | (2) |
| Receive<sup>(1)</sup> | Receive<sup>(1)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 | 09/17/2055 |  | 100 | 100 | 8 | 4 | 12 | 12 | 1 | 1 | 0 |
| Pay | Pay | CAONREPO | 1.000 | Semi-Annual | 06/16/2026 | 06/16/2026 | CAD | 500 | 500 | (25) | 20 | (5) | (5) | 0 | 0 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **$** | **$** | **173** | **$** | **1** | **1** | **(6)** |
| **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $392 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |

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<br> Schedule of Investments PIMCO Climate Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>1)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 10076 | 10076 | $11457 | 11457 | 11457 | 0 | $(412) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 2356 | 2356 | 2675 | 2675 | 2675 | 0 | (100) |
|  |  | 4 | 4 | 6 | 6 | 6 | 0 | 0 |
|  |  | $2078 | 2078 | 1527 | 1527 | 1527 | 18 | 0 |
|  |  | 1527 | 1527 | $2078 | 2078 | 2078 | 0 | (18) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 103 | 103 | 118 | 118 | 118 | 0 | (4) |
|  |  | $84 | 84 | 7227 | 7227 | 7227 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | &nbsp;&nbsp;&nbsp;&nbsp; FAR | 1703 | 1703 | $1099 | 1099 | 1099 | 0 | (22) |
|  |  | 20953 | 20953 | 144 | 144 | 144 | 0 | (1) |
|  |  | $1114 | 1114 | 1703 | 1703 | 1703 | 8 | 0 |
|  |  | 1703 | 1703 | $1114 | 1114 | 1114 | 0 | (7) |
|  |  | $117 | 117 | 17035 | 17035 | 17035 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 1523 | 1523 | $2052 | 2052 | 2052 | 0 | (39) |
|  |  | 115 | 115 | 84 | 84 | 84 | 0 | 0 |
|  |  | 9919 | 9919 | 11654 | 11654 | 11654 | 0 | (55) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 472 | 472 | 344 | 344 | 344 | 0 | (3) |
|  |  | 145 | 145 | 166 | 166 | 166 | 0 | (5) |
|  |  | 320 | 320 | 2 | 2 | 2 | 0 | 0 |
|  |  | $343 | 343 | 472 | 472 | 472 | 3 | 0 |
|  |  | 92 | 92 | 80 | 80 | 80 | 2 | 0 |
|  |  | 471 | 471 | $343 | 343 | 343 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 5412 | 5412 | 37 | 37 | 37 | 0 | (1) |
|  |  | $37 | 37 | 5392 | 5392 | 5392 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 255 | 255 | 36600 | 36600 | 36600 | 0 | (1) |
|  |  | 2681 | 2681 | $3151 | 3151 | 3151 | 0 | (15) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 9490 | 9490 | 66 | 66 | 66 | 0 | 0 |
|  |  | $66 | 66 | 9455 | 9455 | 9455 | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **$** | **(686)** |
| **(h)** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $262 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $12233 | 12233 | $12233 | 12233 |
| Industrials | Industrials | Industrials | 0 | 0 | 5180 | 5180 | 5180 | 5180 |
| Utilities | Utilities | Utilities | 0 | 0 | 5498 | 5498 | 5498 | 5498 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Florida | Florida | Florida | 0 | 0 | 98 | 98 | 98 | 98 |
| New York | New York | New York | 0 | 0 | 110 | 110 | 110 | 110 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 1717 | 1717 | 1717 | 1717 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 310 | 310 | 310 | 310 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 453 | 453 | 453 | 453 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 50 | 50 | 50 | 50 |
| Other ABS | Other ABS | Other ABS | 0 | 0 | 712 | 712 | 712 | 712 |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 3709 | 3709 | 3709 | 3709 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 4252 | 4252 | 4252 | 4252 |
| Total Investments | Total Investments | Total Investments | $0 | 0 | $34322 | 34322 | $34322 | 34322 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 12 | 12 | 26 | 26 | 38 | 38 |
| Over the counter | Over the counter | Over the counter | 0 | 0 | 33 | 33 | 33 | 33 |
|  |  |  | $12 | 12 | $59 | 59 | $71 | 71 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (4) | (4) | (11) | (11) | (15) | (15) |
| Over the counter | Over the counter | Over the counter | 0 | 0 | (686) | (686) | (686) | (686) |
|  |  |  | $(4) | (4) | $(697) | (697) | $(701) | (701) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $8 | 8 | $(638) | (638) | $(630) | (630) |
| Totals | Totals | Totals | $8 | 8 | $33684 | 33684 | $33692 | 33692 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 124.5% ¤** |  |  |
| **CORPORATE BONDS & NOTES 9.8%**  |  |  |
| **BANKING & FINANCE 7.0%**  |  |  |
| **American Express Co.** <br>5.645% due 04/23/2027 •  | $24900 | $25135 |
| **Athene Global Funding**  |  |  |
| 4.950% due 01/07/2027  | 500 | 503 |
| 5.097% due 07/16/2026 •  | 8000 | 8012 |
| 5.620% due 05/08/2026  | 12900 | 13018 |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 201 | 191 |
| **Banca Monte dei Paschi di Siena SpA** <br>7.708% due 01/18/2028 •  | 500 | 646 |
| **Bank of America Corp.**  |  |  |
| 4.979% due 01/24/2029 •  | $13900 | 14102 |
| 5.202% due 04/25/2029 •  | 200 | 204 |
| 5.933% due 09/15/2027 •  | 5400 | 5496 |
| **Bank of Montreal** <br>5.274% due 09/10/2027 ~ | 4000 | 4013 |
| **Bank of Nova Scotia** <br>5.400% due 06/04/2027 | 15700 | 16071 |
| **Barclays PLC**  |  |  |
| 4.837% due 09/10/2028 •  | 2600 | 2621 |
| 5.304% due 08/09/2026 •  | 9300 | 9303 |
| 5.674% due 03/12/2028 •  | 400 | 408 |
| **Citibank NA**  |  |  |
| 4.929% due 08/06/2026  | 11700 | 11783 |
| 5.438% due 04/30/2026  | 12600 | 12700 |
| 5.488% due 12/04/2026  | 6100 | 6198 |
| **Corebridge Global Funding** <br>4.900% due 01/07/2028 | 1000 | 1016 |
| **Deutsche Bank AG** <br>6.119% due 07/14/2026 •  | 2600 | 2601 |
| **Equitable Financial Life Global Funding** <br>4.600% due 04/01/2027 | 15800 | 15868 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 5.125% due 11/05/2026  | 2000 | 1996 |
| 5.800% due 03/05/2027  | 2800 | 2823 |
| **Goldman Sachs Bank USA**  |  |  |
| 5.283% due 03/18/2027 •  | 24000 | 24121 |
| 5.414% due 05/21/2027 •  | 1400 | 1412 |
| **Goldman Sachs Group, Inc.** <br>5.049% due 07/23/2030 •  | 400 | 407 |
| **HPS Corporate Lending Fund** <br>5.450% due 01/14/2028 | 11900 | 11937 |
| **Jackson National Life Global Funding**  |  |  |
| 4.900% due 01/13/2027  | 1400 | 1411 |
| 5.315% due 01/14/2028 ~  | 1300 | 1305 |
| 5.600% due 04/10/2026  | 850 | 857 |
| **JPMorgan Chase & Co.**  |  |  |
| 4.979% due 07/22/2028 •  | 800 | 810 |
| 6.070% due 10/22/2027 •  | 1100 | 1124 |
| **JPMorgan Chase Bank NA** <br>5.110% due 12/08/2026 | 9400 | 9522 |
| **Morgan Stanley**  |  |  |
| 2.475% due 01/21/2028 •  | 148 | 144 |
| 2.664% due 03/19/2027 ~  | 4000 | 4721 |
| 5.123% due 02/01/2029 •  | $100 | 102 |
| 5.652% due 04/13/2028 •  | 800 | 818 |
| **Morgan Stanley Bank NA**  |  |  |
| 4.447% due 10/15/2027 •  | 2650 | 2655 |
| 4.952% due 01/14/2028 •  | 2100 | 2118 |
| 4.968% due 07/14/2028 •  | 300 | 304 |
| 5.504% due 05/26/2028 •  | 6500 | 6640 |
| 5.882% due 10/30/2026  | 3700 | 3779 |
| **NatWest Markets PLC** <br>4.789% due 03/21/2028 | 1100 | 1112 |
| **Nomura Holdings, Inc.**  |  |  |
| 1.851% due 07/16/2025  | 1700 | 1698 |
| 5.099% due 07/03/2025  | 600 | 600 |
| **Protective Life Global Funding** <br>4.850% due 07/22/2026 ~ | 11900 | 11914 |
| **RGA Global Funding** <br>5.250% due 01/09/2030 | 2100 | 2156 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Royal** **Bank of Canada**  |  |  |
| 4.965% due 01/24/2029 •  | 6600 | 6697 |
| 5.069% due 07/23/2027 •  | 16000 | 16111 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>4.450% due 09/10/2027 | 2000 | 2009 |
| **Toronto-Dominion Bank** <br>4.861% due 01/31/2028 | 10800 | 10956 |
| **UBS Group AG** <br>1.305% due 02/02/2027 •  | 850 | 834 |
| **VICI Properties LP** <br>4.750% due 04/01/2028 | 350 | 353 |
| **Wells Fargo & Co.**  |  |  |
| 4.900% due 01/24/2028 •  | 3700 | 3728 |
| 5.707% due 04/22/2028 •  | 400 | 409 |
| **Wells Fargo Bank NA** <br>5.254% due 12/11/2026 | 28200 | 28615 |
|  |  | 316087 |
| **INDUSTRIALS 1.7%**  |  |  |
| **BMW U.S. Capital LLC** <br>4.750% due 03/21/2028 | 1600 | 1619 |
| **Boeing Co.** <br>2.196% due 02/04/2026 | 400 | 394 |
| **Broadcom, Inc.** <br>5.050% due 07/12/2027 | 14700 | 14916 |
| **Dell International LLC** <br>4.750% due 04/01/2028 | 1400 | 1417 |
| **Hyatt Hotels Corp.** <br>5.050% due 03/30/2028 | 400 | 404 |
| **Hyundai Capital America** <br>5.450% due 06/24/2026 | 2100 | 2117 |
| **International Business Machines Corp.** <br>4.650% due 02/10/2028 | 23400 | 23676 |
| **Mars, Inc.** <br>4.600% due 03/01/2028 | 3900 | 3933 |
| **Occidental Petroleum Corp.** <br>5.000% due 08/01/2027 | 13400 | 13524 |
| **Oracle Corp.** <br>4.800% due 08/03/2028 | 2100 | 2135 |
| **Rio Tinto Finance USA PLC** <br>4.500% due 03/14/2028 | 1400 | 1411 |
| **Volkswagen Group of America Finance LLC**  |  |  |
| 5.327% due 09/12/2025 ~  | 5500 | 5504 |
| 5.800% due 09/12/2025  | 5100 | 5108 |
|  |  | 76158 |
| **UTILITIES 1.1%**  |  |  |
| **DTE Energy Co.** <br>4.950% due 07/01/2027 | 500 | 506 |
| **NextEra Energy Capital Holdings, Inc.** <br>4.850% due 02/04/2028 | 11600 | 11765 |
| **NYSEG Storm Funding LLC** <br>4.713% due 05/01/2029 | 13400 | 13476 |
| **Oncor Electric Delivery Co. LLC** <br>4.500% due 03/20/2027 | 900 | 905 |
| **Pacific Gas & Electric Co.** <br>5.339% due 09/04/2025 ~ | 15700 | 15700 |
| **Pinnacle West Capital Corp.** <br>5.214% due 06/10/2026 ~ | 400 | 401 |
| **Southern California Edison Co.**  |  |  |
| 3.650% due 03/01/2028  | 500 | 486 |
| 4.400% due 09/06/2026  | 200 | 200 |
| 4.700% due 06/01/2027  | 1400 | 1405 |
| 4.875% due 02/01/2027  | 500 | 503 |
| 5.350% due 03/01/2026  | 1120 | 1126 |
| 5.650% due 10/01/2028  | 200 | 205 |
| 5.850% due 11/01/2027  | 1327 | 1360 |
| 5.950% due 11/01/2032  | 400 | 411 |
| **Southern California Gas Co.** <br>2.600% due 06/15/2026 | 700 | 688 |
| **Verizon Communications, Inc.** <br>2.355% due 03/15/2032 | 379 | 327 |
|  |  | 49464 |
| Total Corporate Bonds & Notes (Cost $437,060) |  | 441709 |
| **U.S. GOVERNMENT AGENCIES 11.9%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.630% due 05/01/2027 | 21800 | 20846 |
| 4.850% due 10/25/2036 •  | 8 | 8 |
| 4.870% due 08/25/2037 •  | 272 | 271 |
| 5.150% due 01/25/2051 •  | 2291 | 2292 |
| 5.205% due 09/25/2054 •  | 7384 | 7359 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.250% due 12/25/2050 •  | 1968 | 1972 |
| 5.255% due 11/25/2053 - 03/25/2055 •  | 7990 | 8000 |
| 5.355% due 01/25/2055 •  | 3562 | 3555 |
| 5.402% due 07/25/2055 •  | 3700 | 3701 |
| 5.505% due 10/25/2053 - 02/25/2055 •  | 4437 | 4454 |
| 5.524% due 07/25/2055 •  | 5200 | 5213 |
| 7.018% due 05/01/2038 •  | 1254 | 1302 |
| **Freddie Mac**  |  |  |
| 2.862% due 07/25/2054 ~ | 9400 | 8820 |
| 3.000% due 10/01/2026 - 11/01/2032 | 8300 | 8091 |
| 4.798% due 07/15/2036 •  | 109 | 108 |
| 4.862% due 08/25/2027 •  | 5300 | 5300 |
| 4.868% due 05/15/2032 - 09/15/2042 •  | 659 | 656 |
| 5.018% due 12/15/2037 •  | 87 | 87 |
| 5.038% due 10/15/2037 •  | 259 | 257 |
| 5.205% due 11/25/2054 •  | 2266 | 2257 |
| 5.245% due 11/25/2054 •  | 39639 | 39558 |
| 5.250% due 04/15/2049 - 12/15/2050 •  | 4509 | 4517 |
| 5.255% due 10/25/2054 - 03/25/2055 •  | 19549 | 19477 |
| 5.350% due 08/15/2048 •  | 2145 | 2160 |
| 5.404% due 07/25/2055 •  | 4500 | 4501 |
| 5.405% due 11/25/2054 •  | 16733 | 16648 |
| 5.455% due 01/25/2055 •  | 2066 | 2066 |
| 5.505% due 02/25/2055 •  | 9716 | 9743 |
| 5.555% due 05/25/2054 •  | 3860 | 3878 |
| **Ginnie Mae**  |  |  |
| 0.000% due 10/16/2053 ~(a) | 578 | 0 |
| 4.739% due 10/20/2043 •  | 1632 | 1584 |
| 4.952% due 05/20/2074 •  | 1064 | 1063 |
| 5.196% due 10/20/2063 •  | 99 | 100 |
| 5.336% due 12/20/2069 •  | 4605 | 4660 |
| 5.346% due 09/20/2069 •  | 1488 | 1494 |
| 5.461% due 08/20/2068 •  | 2272 | 2283 |
| 7.000% due 06/20/2055 | 4500 | 4570 |
| **U.S. Small Business Administration**  |  |  |
| 5.160% due 02/01/2028 | 8 | 8 |
| 5.310% due 05/01/2027 | 10 | 10 |
| 5.510% due 11/01/2027 | 6 | 6 |
| 5.820% due 06/01/2026 | 4 | 4 |
| 5.870% due 07/01/2028 | 5 | 5 |
| 6.020% due 08/01/2028 | 3 | 3 |
| 6.770% due 11/01/2028 | 12 | 12 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 12/01/2026 | 100 | 99 |
| 3.500% due 02/01/2045 - 03/01/2048 | 1108 | 1018 |
| 5.500% due 08/01/2054 - 01/01/2055 | 110622 | 110699 |
| **Uniform Mortgage-Backed Security, TBA**<br>4.000% due 07/01/2055 - 08/01/2055 | 242700 | 225658 |
| Total U.S. Government Agencies (Cost $536,313) |  | 540373 |
| **U.S. TREASURY OBLIGATIONS 2.9%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 3.000% due 05/15/2045 (k) | 2010 | 1540 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 07/15/2026  | 5516 | 5469 |
| 0.250% due 07/15/2029 (i)(k) | 1253 | 1203 |
| 0.375% due 07/15/2025 (i) | 28134 | 28121 |
| 0.375% due 01/15/2027 (k) | 199 | 196 |
| 0.500% due 01/15/2028  | 7926 | 7780 |
| 0.750% due 02/15/2042  | 2440 | 1897 |
| 0.875% due 02/15/2047  | 2211 | 1604 |
| 1.000% due 02/15/2049  | 1067 | 775 |
| 1.375% due 02/15/2044 (i) | 4212 | 3539 |
| 1.375% due 02/15/2044  | 10373 | 8717 |
| 2.125% due 02/15/2040  | 1545 | 1526 |
| 2.125% due 02/15/2041  | 138 | 135 |
| 2.500% due 01/15/2029 (i)(k) | 39367 | 40970 |
| 3.375% due 04/15/2032  | 1314 | 1463 |
| 3.875% due 04/15/2029  | 2749 | 3002 |
| **U.S. Treasury Notes**  |  |  |
| 1.625% due 05/15/2026 | 25577 | 25048 |
| Total U.S. Treasury Obligations (Cost $138,749) |  | 132985 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 1.6%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>9.250% due 07/25/2035 ~ | 1 | 1 |
| **Ashford Hospitality Trust** <br>5.384% due 04/15/2035 •  | 174 | 173 |
| **Atrium Hotel Portfolio Trust** <br>5.539% due 12/15/2036 •  | 1785 | 1746 |
| **Avon Finance** <br>5.139% due 12/28/2049 •  | 11961 | 16445 |
| **Banc of America Funding Trust** <br>4.690% due 05/20/2036 ~ | $159 | 141 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Barclays** **Commercial Mortgage Securities Trust** <br>5.609% due 07/15/2037 •  | 4300 | 4201 |
| **Bear Stearns Adjustable Rate Mortgage Trust** <br>7.105% due 01/25/2035 ~ | 50 | 51 |
| **Bear Stearns ALT-A Trust** <br>4.810% due 07/25/2035 ~ | 409 | 277 |
| **Bear Stearns Structured Products, Inc. Trust** <br>5.062% due 01/26/2036 ~ | 32 | 23 |
| **Beast Mortgage Trust** <br>5.476% due 03/15/2036 •  | 300 | 269 |
| **Chase Home Lending Mortgage Trust** <br>5.555% due 05/25/2055 •  | 1070 | 1070 |
| **Chase Mortgage Finance Trust**  |  |  |
| 5.868% due 02/25/2037 ~  | 52 | 52 |
| 6.550% due 02/25/2037 ~  | 31 | 31 |
| **ChaseFlex Trust** <br>6.300% due 06/25/2036 ~ | 38 | 34 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.714% due 01/25/2035 •  | 1 | 1 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 5.655% due 07/25/2054 •  | 144 | 145 |
| 6.310% due 11/25/2035 •  | 18 | 18 |
| **Colony Mortgage Capital Ltd.** <br>5.805% due 11/15/2038 •  | 5222 | 5131 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 6.000% due 03/25/2037  | 5279 | 1808 |
| 6.500% due 09/25/2037  | 1325 | 467 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.788% due 08/20/2035 ~  | 632 | 596 |
| 4.924% due 11/20/2034 ~  | 114 | 109 |
| **Eurosail-U.K. PLC** <br>5.308% due 06/13/2045 •  | 371 | 509 |
| **First Horizon Alternative Mortgage Securities Trust** <br>5.103% due 04/25/2035 ~ | $93 | 91 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.985% due 11/25/2035 ~  | 30 | 29 |
| 5.293% due 09/25/2035 ~  | 4 | 3 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.692% due 03/19/2037 •  | 457 | 423 |
| 4.842% due 12/19/2036 •  | 6141 | 4821 |
| 5.052% due 11/19/2035 •  | 181 | 118 |
| 5.112% due 06/20/2035 •  | 233 | 222 |
| **IndyMac INDA Mortgage Loan Trust** <br>3.201% due 11/25/2035 ~ | 101 | 76 |
| **IndyMac INDX Mortgage Loan Trust** <br>4.854% due 07/25/2036 •  | 563 | 541 |
| **JP Morgan Alternative Loan Trust** <br>6.810% due 08/25/2036 | 689 | 677 |
| **Kinbane DAC** <br>3.188% due 01/24/2063 ~ | 1823 | 2152 |
| **MASTR Adjustable Rate Mortgages Trust** <br>6.043% due 11/21/2034 ~ | $56 | 54 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Certificates** <br>5.166% due 09/15/2030 •  | 8 | 8 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Trust** <br>4.906% due 06/15/2030 •  | 2 | 2 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.744% due 06/25/2035 ~  | 74 | 72 |
| 5.415% due 12/25/2034 ~  | 24 | 23 |
| **Merrion Square Residential DAC** <br>2.999% due 03/24/2081 •  | 2528 | 2982 |
| **MFA Trust** <br>4.112% due 12/25/2066 ~ | $2772 | 2721 |
| **MRCD Mortgage Trust** <br>2.718% due 12/15/2036 | 7500 | 6681 |
| **New Orleans Hotel Trust** <br>5.348% due 04/15/2032 •  | 1674 | 1662 |
| **Oceanview Mortgage Trust** <br>5.105% due 11/25/2054 •  | 410 | 409 |
| **RCKT Mortgage Trust**  |  |  |
| 5.158% due 10/25/2044 þ  | 840 | 838 |
| 5.582% due 12/25/2044 þ  | 1014 | 1019 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.794% due 06/25/2046 •  | 99 | 21 |
| 6.000% due 09/25/2036  | 385 | 304 |
| **Residential Asset Securitization Trust** <br>6.500% due 09/25/2036 | 7242 | 2197 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>5.389% due 11/25/2034 •  | 362 | 334 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.854% due 05/25/2036 •  | 45 | 32 |
| 5.112% due 05/19/2035 •  | 21 | 20 |
| **Thornburg Mortgage Securities Trust** <br>6.049% due 03/25/2037 •  | 1150 | 811 |
| **Towd Point Mortgage Funding** <br>5.223% due 07/20/2053 •  | 2936 | 4039 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Trinity** **Square PLC** <br>5.217% due 07/15/2059 ~ | 1209 | 1663 |
| **Verus Securitization Trust** <br>4.474% due 04/25/2067 þ | $4824 | 4833 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 5.174% due 11/25/2034 •  | 98 | 94 |
| 5.174% due 01/25/2045 •  | 129 | 128 |
| 5.234% due 01/25/2045 •  | 128 | 127 |
| 5.323% due 01/25/2035 ~  | 21 | 19 |
| 5.387% due 06/25/2034 ~  | 16 | 15 |
| 6.924% due 10/25/2034 ~  | 14 | 14 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>6.140% due 04/25/2036 ~ | 97 | 96 |
| Total Non-Agency Mortgage-Backed Securities (Cost $79,356) |  | 73669 |
| **ASSET-BACKED SECURITIES 13.1%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.2%**  |  |  |
| **GLS Auto Select Receivables Trust** <br>4.500% due 11/15/2030 | 1000 | 1003 |
| **Nissan Auto Lease Trust** <br>4.714% due 06/15/2027 •  | 1187 | 1188 |
| **Toyota Auto Receivables Owner Trust** <br>4.654% due 03/15/2027 •  | 3227 | 3227 |
| **Westlake Automobile Receivables Trust** <br>4.874% due 09/15/2027 •  | 2109 | 2110 |
|  |  | 7528 |
| **AUTOMOBILE SEQUENTIAL 4.6%**  |  |  |
| **Ally Auto Receivables Trust** <br>5.320% due 01/15/2027 | 161 | 161 |
| **American Credit Acceptance Receivables Trust** <br>4.810% due 03/13/2028 | 431 | 431 |
| **AmeriCredit Automobile Receivables Trust** <br>6.190% due 04/19/2027 | 1575 | 1578 |
| **Arivo Acceptance Auto Loan Receivables Trust** <br>3.930% due 05/15/2028 | 655 | 654 |
| **Bank of America Auto Trust** <br>5.530% due 02/15/2028 | 3892 | 3919 |
| **Bayview Opportunity Master Fund Trust** <br>5.660% due 03/15/2028 | 500 | 502 |
| **BMW Canada Auto Trust** <br>4.844% due 07/20/2027 | 431 | 320 |
| **Bridgecrest Lending Auto Securitization Trust**  |  |  |
| 4.720% due 09/15/2028  | $1000 | 1001 |
| 4.840% due 09/15/2027  | 596 | 597 |
| 5.340% due 04/17/2028  | 500 | 501 |
| **CarMax Auto Owner Trust**  |  |  |
| 4.750% due 10/15/2027  | 826 | 827 |
| 4.890% due 07/16/2029  | 500 | 505 |
| 5.340% due 08/16/2027  | 557 | 559 |
| **Carvana Auto Receivables Trust**  |  |  |
| 4.530% due 01/10/2029  | 1500 | 1500 |
| 4.610% due 11/10/2027  | 449 | 449 |
| 4.640% due 01/10/2030  | 1950 | 1963 |
| 4.840% due 12/10/2027  | 841 | 841 |
| 5.330% due 07/10/2029  | 1000 | 1011 |
| 5.500% due 08/10/2027  | 98 | 98 |
| 5.630% due 11/10/2027  | 289 | 290 |
| 5.760% due 04/12/2027  | 52 | 52 |
| 5.900% due 08/10/2027  | 170 | 170 |
| 6.410% due 09/10/2027  | 10 | 10 |
| **Chase Auto Owner Trust**  |  |  |
| 4.940% due 07/25/2029  | 10000 | 10094 |
| 5.250% due 09/27/2027  | 742 | 744 |
| 5.480% due 04/26/2027  | 332 | 333 |
| **Citizens Auto Receivables Trust**  |  |  |
| 5.540% due 11/16/2026  | 217 | 217 |
| 5.840% due 01/18/2028  | 5202 | 5236 |
| **CPS Auto Receivables Trust**  |  |  |
| 4.910% due 06/15/2028  | 535 | 536 |
| 5.780% due 01/18/2028  | 4846 | 4855 |
| 5.880% due 02/15/2028  | 193 | 193 |
| **Drive Auto Receivables Trust**  |  |  |
| 4.500% due 09/15/2028  | 1000 | 1000 |
| 4.940% due 12/15/2027  | 1065 | 1066 |
| **Enterprise Fleet Financing LLC**  |  |  |
| 4.650% due 10/20/2027  | 1000 | 1003 |
| 4.820% due 02/20/2029  | 1000 | 1015 |
| **FCCU Auto Receivables Trust**  |  |  |
| 4.870% due 01/16/2029  | 1100 | 1103 |
| 5.760% due 11/15/2027  | 208 | 209 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **First** **Help Financial Issuer Trust**  |  |  |
| 4.920% due 02/15/2031  | 1000 | 1004 |
| 5.890% due 06/15/2030  | 361 | 365 |
| **First Help Financial Trust** <br>4.430% due 01/18/2028 | 57 | 57 |
| **Flagship Credit Auto Trust**  |  |  |
| 4.880% due 11/15/2028  | 667 | 668 |
| 5.640% due 03/15/2028  | 704 | 706 |
| **Ford Credit Auto Owner Trust** <br>4.650% due 02/15/2028 | 683 | 684 |
| **GLS Auto Receivables Issuer Trust**  |  |  |
| 4.750% due 07/17/2028  | 1000 | 1002 |
| 4.760% due 10/15/2027  | 642 | 642 |
| 5.020% due 04/17/2028  | 1000 | 1002 |
| **GLS Auto Select Receivables Trust**  |  |  |
| 4.430% due 12/17/2029  | 847 | 847 |
| 4.460% due 10/15/2030 (b)  | 1000 | 1000 |
| 5.590% due 10/15/2029  | 380 | 385 |
| 5.960% due 10/16/2028  | 5860 | 5916 |
| 6.270% due 08/16/2027  | 969 | 970 |
| **GM Financial Consumer Automobile Receivables Trust**  |  |  |
| 4.400% due 08/16/2029  | 1100 | 1104 |
| 4.470% due 02/16/2028  | 1421 | 1421 |
| **Harley-Davidson Motorcycle Trust** <br>5.650% due 02/16/2027 | 129 | 130 |
| **Hertz Vehicle Financing LLC**  |  |  |
| 5.490% due 06/25/2027  | 8290 | 8335 |
| **Hyundai Auto Lease Securitization Trust**  |  |  |
| 4.830% due 01/18/2028  | 12100 | 12214 |
| 5.150% due 06/15/2026  | 1205 | 1206 |
| **Hyundai Auto Receivables Trust**  |  |  |
| 4.410% due 05/15/2029  | 1800 | 1810 |
| 4.990% due 02/15/2029  | 1700 | 1716 |
| 5.290% due 04/15/2027  | 596 | 597 |
| **LAD Auto Receivables Trust** <br>4.690% due 07/16/2029 | 15200 | 15308 |
| **Lendbuzz Securitization Trust** <br>5.100% due 10/15/2030 | 1000 | 1004 |
| **M&T Bank Auto Receivables Trust** <br>4.730% due 06/17/2030 | 19300 | 19537 |
| **Prestige Auto Receivables Trust**  |  |  |
| 4.720% due 02/15/2028  | 5264 | 5263 |
| 5.690% due 05/17/2027  | 136 | 136 |
| **Research-Driven Pagaya Motor Asset Trust** <br>7.130% due 01/26/2032 | 235 | 235 |
| **Research-Driven Pagaya Motor Trust** <br>7.090% due 06/25/2032 | 292 | 294 |
| **Santander Drive Auto Receivables Trust**  |  |  |
| 4.620% due 11/15/2028  | 1000 | 1001 |
| 4.670% due 08/15/2029  | 10500 | 10582 |
| 4.850% due 01/16/2029  | 2300 | 2307 |
| 5.410% due 07/15/2027  | 298 | 298 |
| 5.630% due 01/16/2029  | 800 | 804 |
| 5.910% due 06/15/2027  | 70 | 70 |
| **SBNA Auto Lease Trust** <br>5.670% due 11/20/2026 | 143 | 143 |
| **SCCU Auto Receivables Trust**  |  |  |
| 5.110% due 06/15/2029  | 500 | 503 |
| 5.450% due 12/15/2027  | 402 | 403 |
| **SFS Auto Receivables Securitization Trust**  |  |  |
| 4.440% due 12/20/2030  | 24200 | 24397 |
| 4.520% due 11/20/2028  | 5100 | 5109 |
| 4.750% due 07/22/2030  | 19050 | 19263 |
| 5.710% due 10/20/2027  | 235 | 236 |
| **Tesla Electric Vehicle Trust** <br>5.540% due 12/21/2026 | 2029 | 2032 |
| **Toyota Auto Receivables Owner Trust** <br>4.630% due 09/15/2027 | 878 | 879 |
| **Tricolor Auto Securitization Trust**  |  |  |
| 6.360% due 12/15/2027  | 122 | 122 |
| 6.610% due 10/15/2027  | 87 | 88 |
| **Veros Auto Receivables Trust**  |  |  |
| 5.310% due 09/15/2028  | 459 | 460 |
| 6.280% due 11/15/2027  | 165 | 166 |
| **Volkswagen Auto Lease Trust** <br>5.400% due 12/21/2026 | 1475 | 1479 |
| **Westlake Automobile Receivables Trust**  |  |  |
| 4.820% due 09/15/2027  | 1516 | 1517 |
| 5.440% due 05/17/2027  | 500 | 501 |
| 6.230% due 01/15/2027  | 2413 | 2416 |
| **World Omni Auto Receivables Trust** <br>5.610% due 02/15/2028 | 2061 | 2069 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **World** **Omni Select Auto Trust** <br>4.980% due 02/15/2030 | 500 | 503 |
|  |  | 208449 |
| **CMBS OTHER 0.5%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | 229 | 230 |
| **AREIT Trust** <br>6.556% due 06/17/2039 •  | 3054 | 3056 |
| **BDS LLC**  |  |  |
| 6.121% due 03/19/2039 •  | 1600 | 1604 |
| 6.454% due 08/19/2038 •  | 852 | 853 |
| **BSPRT Issuer Ltd.** <br>6.608% due 07/15/2039 •  | 622 | 624 |
| **FORT CRE Issuer LLC** <br>6.152% due 02/23/2039 •  | 44 | 44 |
| **FS Rialto Issuer LLC** <br>6.202% due 01/19/2039 •  | 2494 | 2500 |
| **GPMT Ltd.** <br>5.929% due 07/16/2035 •  | 681 | 668 |
| **HGI CRE CLO Ltd.** <br>6.004% due 04/20/2037 •  | 2248 | 2254 |
| **KREF Ltd.** <br>5.768% due 02/17/2039 •  | 768 | 770 |
| **LoanCore Issuer Ltd.**  |  |  |
| 5.726% due 07/15/2036 •  | 189 | 189 |
| 5.726% due 11/15/2038 •  | 420 | 421 |
| **M360 Ltd.** <br>5.936% due 11/22/2038 •  | 86 | 84 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 2359 | 2361 |
| **MF1 Ltd.** <br>5.668% due 02/19/2037 •  | 728 | 729 |
| **PFP Ltd.** <br>6.586% due 08/19/2035 •  | 1398 | 1400 |
| **Ready Capital Mortgage Financing LLC** <br>5.634% due 11/25/2036 •  | 240 | 240 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.964% due 02/15/2039 •  | 2828 | 2834 |
|  |  | 20861 |
| **CREDIT CARD BULLET 0.5%**  |  |  |
| **Synchrony Card Funding LLC** <br>4.930% due 07/15/2030 | 22900 | 23252 |
| **CREDIT CARD OTHER 0.2%**  |  |  |
| **Golden Credit Card Trust**  |  |  |
| 1.140% due 08/15/2028  | 4500 | 4345 |
| 1.970% due 01/15/2029  | 7000 | 6762 |
|  |  | 11107 |
| **HOME EQUITY OTHER 0.5%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.334% due 12/25/2034 •  | 319 | 288 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>4.894% due 11/25/2036 •  | 2757 | 2688 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.094% due 02/25/2036 •  | 4415 | 4385 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 5.214% due 11/25/2034 •  | 150 | 145 |
| 5.289% due 08/25/2034 •  | 1 | 1 |
| 5.469% due 12/25/2035 •  | 2314 | 2293 |
| 6.159% due 11/25/2034 •  | 2519 | 2257 |
| **Fremont Home Loan Trust**  |  |  |
| 4.574% due 01/25/2037 •  | 1386 | 718 |
| 4.914% due 10/25/2036 •  | 5100 | 2039 |
| **GSAMP Trust** <br>4.834% due 11/25/2036 •  | 657 | 307 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>5.014% due 11/25/2034 •  | 115 | 114 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>5.469% due 07/25/2035 •  | 2934 | 2875 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.574% due 03/25/2037 •  | 1163 | 776 |
| 4.714% due 01/25/2037 •  | 1480 | 953 |
| **Saxon Asset Securities Trust** <br>4.744% due 09/25/2037 •  | 360 | 346 |
| **Soundview Home Loan Trust** <br>5.384% due 10/25/2037 •  | 676 | 522 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Structured** **Asset Securities Corp. Mortgage Loan Trust** <br>5.939% due 04/25/2035 •  | 6 | 6 |
|  |  | 20713 |
| **WHOLE LOAN COLLATERAL 0.1%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.434% due 09/25/2046 •  | 200 | 176 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>5.194% due 12/25/2035 •  | 2470 | 2438 |
|  |  | 2614 |
| **OTHER ABS 6.5%**  |  |  |
| **37 Capital CLO Ltd.** <br>5.536% due 10/15/2034 •  | 3500 | 3503 |
| **ACHV ABS Trust**  |  |  |
| 5.010% due 12/26/2031  | 554 | 556 |
| 5.070% due 10/27/2031  | 228 | 229 |
| 5.900% due 04/25/2031  | 120 | 121 |
| **Affirm Asset Securitization Trust** <br>5.220% due 12/17/2029 | 462 | 462 |
| **Affirm Master Trust** <br>4.670% due 07/15/2033 | 1200 | 1205 |
| **AlbaCore Euro CLO DAC** <br>3.269% due 07/15/2035 •  | 1000 | 1180 |
| **Apidos CLO** <br>5.520% due 04/17/2034 •  | $3000 | 2999 |
| **Arbour CLO DAC** <br>3.293% due 11/15/2037 •  | 2000 | 2356 |
| **Ares CLO Ltd.** <br>5.600% due 04/17/2033 •  | $1600 | 1605 |
| **Ares European CLO DAC** <br>3.266% due 10/21/2034 •  | 1092 | 1286 |
| **Ascent Education Funding Trust** <br>6.140% due 10/25/2050 | $382 | 390 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.329% due 10/20/2034 •  | 3000 | 3000 |
| 5.608% due 01/15/2031 •  | 40 | 40 |
| 5.614% due 04/22/2031 •  | 267 | 267 |
| **Atlas Static Senior Loan Fund Ltd.** <br>6.006% due 07/15/2030 •  | 161 | 161 |
| **Avoca CLO DAC**  |  |  |
| 3.075% due 01/12/2031 •  | 939 | 1106 |
| 3.099% due 10/15/2032 •  | 7565 | 8904 |
| **Avoca Static CLO DAC** <br>3.249% due 01/15/2035 •  | 925 | 1090 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 0.000% due 07/15/2035 •(b)  | $1650 | 1651 |
| 5.359% due 10/21/2034 •  | 4000 | 4004 |
| 5.489% due 10/23/2034 •  | 4000 | 4003 |
| 5.491% due 07/16/2034 •  | 4000 | 3997 |
| 5.509% due 07/19/2034 •  | 2600 | 2606 |
| **Bain Capital Euro CLO DAC**  |  |  |
| 3.016% due 04/20/2032 •  | 34 | 40 |
| 3.283% due 07/17/2034 •  | 3900 | 4600 |
| **Bankers Healthcare Group Securitization Trust**  |  |  |
| 4.820% due 04/17/2036  | $895 | 902 |
| 5.260% due 04/17/2036  | 1000 | 1009 |
| **Barings CLO Ltd.**  |  |  |
| 5.468% due 04/15/2031 •  | 1215 | 1216 |
| 5.521% due 01/20/2031 •  | 291 | 291 |
| **Benefit Street Partners CLO Ltd.** <br>5.631% due 01/20/2031 •  | 158 | 158 |
| **Black Diamond CLO DAC** <br>3.096% due 01/20/2032 •  | 764 | 901 |
| **Blackrock European CLO DAC** <br>3.243% due 07/17/2034 •  | 11304 | 13287 |
| **BlueMountain CLO Ltd.**  |  |  |
| 5.472% due 10/25/2030 •  | $566 | 566 |
| 5.598% due 07/15/2031 •  | 267 | 267 |
| **BNPP AM Euro CLO DAC** <br>3.056% due 07/22/2032 •  | 6392 | 7508 |
| **Cairn CLO DAC** <br>3.046% due 10/30/2030 •  | 1656 | 1949 |
| **Capital Street Master Trust** <br>5.654% due 10/16/2028 •  | $1500 | 1500 |
| **CBAM Ltd.** <br>5.651% due 04/20/2032 •  | 595 | 596 |
| **Cedar Funding CLO Ltd.** <br>5.641% due 07/17/2031 •  | 510 | 511 |
| **College Avenue Student Loans LLC** <br>6.205% due 05/25/2055 •  | 1023 | 1037 |
| **CRB Securitization Trust** <br>6.960% due 10/20/2033 | 113 | 114 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **DLLAA** **LLC** <br>4.700% due 10/20/2027 | 6500 | 6515 |
| **Dryden CLO Ltd.** <br>5.568% due 07/15/2031 •  | 738 | 740 |
| **Dryden Euro CLO DAC** <br>1.470% due 10/15/2032 | 2802 | 3220 |
| **Elevation CLO Ltd.** <br>5.582% due 01/25/2035 •  | $8600 | 8603 |
| **Fortress Credit BSL Ltd.** <br>5.369% due 07/23/2032 •  | 1941 | 1943 |
| **GreenSky Home Improvement Issuer Trust**  |  |  |
| 5.150% due 10/27/2059  | 1000 | 1014 |
| 5.250% due 10/27/2059  | 492 | 493 |
| **GreenSky Home Improvement Trust** <br>5.880% due 06/25/2059 | 148 | 148 |
| **Grosvenor Place CLO DAC** <br>0.000% due 01/15/2039 •  | 2000 | 2354 |
| **Harvest CLO DAC** <br>3.129% due 01/15/2032 •  | 4792 | 5642 |
| **Hayfin Emerald CLO DAC** <br>2.899% due 05/27/2034 •  | 28300 | 33149 |
| **ICG Euro CLO DAC** <br>3.329% due 10/15/2034 •  | 8000 | 9405 |
| **ICG U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | $4000 | 4003 |
| **Jamestown CLO Ltd.** <br>5.552% due 07/25/2035 •  | 3500 | 3505 |
| **LCM Ltd.**  |  |  |
| 5.326% due 01/15/2034 •  | 3000 | 2990 |
| 5.511% due 03/20/2030 •  | 25 | 25 |
| 5.549% due 07/20/2034 •  | 2000 | 2002 |
| 5.571% due 07/20/2031 •  | 337 | 337 |
| 5.611% due 04/20/2031 •  | 376 | 377 |
| 5.648% due 10/15/2031 •  | 204 | 204 |
| **LendingPoint Pass-Through Trust**  |  |  |
| 3.250% due 04/15/2028  | 506 | 499 |
| 4.000% due 05/15/2028  | 1345 | 1323 |
| **M&T Equipment Notes** <br>4.990% due 08/18/2031 | 892 | 894 |
| **Madison Park Funding Ltd.** <br>5.256% due 10/15/2034 •  | 4350 | 4355 |
| **Massachusetts Educational Financing Authority** <br>5.575% due 04/25/2038 •  | 159 | 159 |
| **Mountain View CLO Ltd.** <br>5.716% due 04/15/2034 •  | 1000 | 1002 |
| **Navient Private Education Loan Trust**  |  |  |
| 5.876% due 07/16/2040 •  | 1110 | 1115 |
| 6.026% due 10/15/2031 •  | 86 | 86 |
| 6.126% due 11/15/2030 •  | 457 | 458 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 0.940% due 07/15/2069  | 5779 | 5259 |
| 1.170% due 09/16/2069  | 237 | 221 |
| 6.026% due 11/15/2068 •  | 912 | 919 |
| **Navient Student Loan Trust** <br>5.406% due 12/15/2059 •  | 3493 | 3488 |
| **North Westerly ESG CLO DAC** <br>3.071% due 07/05/2032 •  | 7468 | 8792 |
| **Northwoods Capital Ltd.** <br>5.508% due 06/15/2031 •  | $2008 | 2006 |
| **Ocean Trails CLO** <br>5.556% due 10/15/2034 •  | 3000 | 3002 |
| **OFSI BSL Ltd.** <br>5.539% due 04/20/2034 •  | 4000 | 4005 |
| **OneMain Financial Issuance Trust** <br>5.064% due 06/16/2036 •  | 1200 | 1200 |
| **Oportun Funding Trust** <br>4.960% due 08/16/2032 | 696 | 695 |
| **Oportun Issuance Trust**  |  |  |
| 5.010% due 02/08/2033  | 1000 | 1000 |
| 5.860% due 02/09/2032  | 339 | 339 |
| **Pagaya AI Debt Grantor Trust**  |  |  |
| 4.708% due 02/17/2026  | 419 | 419 |
| 5.065% due 03/15/2032  | 197 | 197 |
| 5.092% due 07/15/2032  | 279 | 279 |
| 5.156% due 07/15/2032  | 1000 | 1003 |
| 5.183% due 06/15/2032  | 229 | 230 |
| 5.331% due 01/15/2032  | 185 | 185 |
| 6.278% due 10/15/2031  | 185 | 187 |
| **Pagaya AI Debt Grantor Trust & Pagaya AI Debt Trust** <br>6.093% due 11/15/2031 | 209 | 211 |
| **Pagaya AI Debt Selection Trust** <br>6.117% due 12/15/2031 | 207 | 208 |
| **Pagaya AI Debt Trust**  |  |  |
| 6.258% due 10/15/2031  | 179 | 180 |
| 6.660% due 07/15/2031  | 155 | 156 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Palmer** **Square European Loan Funding DAC**  |  |  |
| 2.999% due 10/15/2031 •  | 988 | 1162 |
| 3.133% due 05/15/2034 •  | 1415 | 1665 |
| 3.170% due 10/15/2034 •  | 3000 | 3524 |
| **PEAC Solutions Receivables LLC** <br>4.940% due 10/20/2028 | $1000 | 1004 |
| **PK ALIFT Loan Funding LP** <br>5.052% due 10/15/2039 | 792 | 790 |
| **Post Road Equipment Finance LLC** <br>4.900% due 05/15/2031 | 1000 | 1006 |
| **Providus CLO DAC**  |  |  |
| 2.943% due 02/15/2035 •  | 5300 | 6218 |
| 3.439% due 10/15/2038 •  | 1000 | 1180 |
| **Rad CLO Ltd.** <br>5.657% due 07/24/2032 •  | $1038 | 1039 |
| **Reach ABS Trust**  |  |  |
| 4.960% due 08/16/2032  | 717 | 717 |
| 5.880% due 07/15/2031  | 215 | 215 |
| **Sandstone Peak Ltd.** <br>5.536% due 10/15/2034 •  | 4000 | 4003 |
| **SLM Private Education Loan Trust** <br>9.176% due 10/15/2041 •  | 1175 | 1233 |
| **SMB Private Education Loan Trust**  |  |  |
| 5.090% due 10/16/2056  | 891 | 901 |
| 5.156% due 01/15/2053 •  | 1429 | 1422 |
| 5.226% due 02/15/2036 •  | 1317 | 1316 |
| 5.226% due 01/15/2053 •  | 10502 | 10397 |
| 5.284% due 09/15/2054 •  | 169 | 168 |
| **SoFi Consumer Loan Program Trust** <br>4.820% due 06/25/2034 | 2800 | 2805 |
| **Sound Point CLO Ltd.** <br>5.681% due 04/18/2031 •  | 665 | 666 |
| **St Paul's CLO DAC** <br>3.199% due 04/15/2033 •  | 7991 | 9402 |
| **Symphony CLO Ltd.**  |  |  |
| 5.449% due 04/18/2033 •  | $4000 | 4003 |
| 5.479% due 01/23/2032 •  | 798 | 799 |
| **TIAA CLO Ltd.** <br>5.409% due 01/20/2032 •  | 1348 | 1350 |
| **Tikehau CLO DAC** <br>3.456% due 01/20/2037 •  | 1000 | 1178 |
| **Trinitas CLO Ltd.**  |  |  |
| 5.309% due 07/20/2035 •  | $2900 | 2886 |
| 5.622% due 01/25/2034 •  | 1000 | 1001 |
| **TSTAT Ltd.** <br>5.419% due 07/20/2037 •  | 262 | 262 |
| **Upstart Pass-Through Trust** <br>3.800% due 04/20/2030 | 77 | 77 |
| **Upstart Securitization Trust** <br>5.220% due 06/20/2035 « | 1400 | 1402 |
| **Upstart Structured Pass-Through Trust** <br>4.250% due 06/17/2030 | 147 | 146 |
| **Verdelite Static CLO Ltd.** <br>5.399% due 07/20/2032 •  | 1682 | 1680 |
| **Voya CLO Ltd.**  |  |  |
| 5.498% due 06/07/2030 •  | 165 | 165 |
| 5.728% due 10/15/2030 •  | 72 | 72 |
| **Voya Euro CLO DAC** <br>3.199% due 04/15/2033 •  | 10979 | 12923 |
| **Wind River CLO Ltd.** <br>5.316% due 10/15/2034 •  | $3979 | 3967 |
|  |  | 296658 |
| Total Asset-Backed Securities (Cost $564,443) |  | 591182 |
| **SOVEREIGN ISSUES 2.7%**  |  |  |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 10/01/2025 (d)  | 177500 | 31513 |
| 0.000% due 04/01/2026 (d)  | 395400 | 65556 |
| **Israel Government International Bond** <br>1.750% due 08/31/2025 | 500 | 148 |
| **New Zealand Government International Bond** <br>2.000% due 09/20/2025 (e) | 2796 | 1709 |
| **Saudi Government International Bond** <br>5.125% due 01/13/2028 | $21900 | 22271 |
| Total Sovereign Issues (Cost $117,890) |  | 121197 |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **FINANCIALS 0.0%**  |  |  |
| **Banca Monte dei Paschi di Siena SpA** | 46500 | 396 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Common Stocks (Cost $91) |  | 396 |
|  | OUNCES |  |
| **COMMODITIES 13.5%**  |  |  |
| Gold Warehouse Receipts | 276270 | 553381 |
| Silver Warehouse Receipts | 47679 | 58730 |
| Total Commodities (Cost $323,949) |  | 612111 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 69.0%**  |  |  |
| **COMMERCIAL PAPER 7.3%**  |  |  |
| **AbbVie, Inc.** <br>4.640% due 07/07/2025 | $25810 | 25787 |
| **Air Lease Corp.**  |  |  |
| 4.820% due 07/02/2025 (b)  | 3760 | 3759 |
| 4.850% due 07/15/2025  | 440 | 439 |
| 4.850% due 07/18/2025  | 3900 | 3891 |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.610% due 07/10/2025  | 6940 | 6931 |
| 4.630% due 07/07/2025  | 680 | 679 |
| 4.630% due 07/09/2025  | 6430 | 6423 |
| 4.640% due 07/29/2025  | 5800 | 5778 |
| 4.640% due 07/30/2025  | 8600 | 8566 |
| 4.670% due 07/08/2025  | 1200 | 1199 |
| **Amrize Finance U.S. LLC**  |  |  |
| 4.640% due 07/08/2025  | 2900 | 2897 |
| 4.670% due 07/16/2025  | 23670 | 23622 |
| **Bacardi-Martini BV**  |  |  |
| 4.900% due 07/03/2025  | 1500 | 1499 |
| 4.950% due 07/03/2025  | 7850 | 7847 |
| **Canadian Natural Resources Ltd.**  |  |  |
| 4.870% due 07/25/2025 (b)  | 2900 | 2891 |
| 4.900% due 08/06/2025 (b)  | 27180 | 27047 |
| **CBRE Services, Inc.**  |  |  |
| 4.640% due 07/24/2025  | 3240 | 3230 |
| 4.690% due 07/10/2025  | 16850 | 16828 |
| 4.710% due 07/10/2025  | 3940 | 3935 |
| **Crown Castle, Inc.**  |  |  |
| 5.030% due 07/22/2025  | 13330 | 13289 |
| 5.030% due 07/24/2025  | 11060 | 11023 |
| **CVS Health Corp.**  |  |  |
| 4.920% due 07/14/2025  | 14140 | 14113 |
| 4.920% due 07/15/2025  | 5700 | 5688 |
| **Dominion Energy, Inc.**  |  |  |
| 4.600% due 07/18/2025  | 2600 | 2594 |
| 4.600% due 08/01/2025  | 4150 | 4133 |
| **Enbridge U.S., Inc.**  |  |  |
| 4.600% due 07/11/2025  | 5100 | 5093 |
| 4.600% due 07/21/2025  | 2410 | 2403 |
| **Global Payments, Inc.** <br>5.000% due 07/01/2025 | 3120 | 3120 |
| **HCA, Inc.**  |  |  |
| 4.950% due 08/14/2025  | 5900 | 5864 |
| 4.950% due 08/15/2025  | 6000 | 5962 |
| 5.000% due 08/22/2025  | 23430 | 23261 |
| **Intel Corp.**  |  |  |
| 4.590% due 07/01/2025  | 10180 | 10179 |
| 4.590% due 07/03/2025  | 14700 | 14694 |
| **JABIL, Inc.**  |  |  |
| 4.850% due 07/14/2025  | 1500 | 1497 |
| 4.860% due 07/02/2025  | 4560 | 4559 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.650% due 07/09/2025  | 4000 | 3995 |
| 4.720% due 07/14/2025  | 8640 | 8625 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 4.610% due 08/25/2025 (b)  | 3580 | 3554 |
| 4.610% due 08/28/2025 (b)  | 1200 | 1191 |
| **Northrop Grumman Corp.** <br>4.690% due 07/24/2025 | 7200 | 7178 |
| **NXP BV**  |  |  |
| 4.600% due 07/01/2025  | 520 | 520 |
| 4.600% due 07/02/2025  | 1200 | 1200 |
| **RELX, Inc.** <br>4.600% due 07/03/2025 | 860 | 860 |
| **RTX Corp.** <br>4.630% due 07/16/2025 | 19710 | 19669 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Virginia** **Electric & Power Co.** <br>4.600% due 07/28/2025 | 4870 | 4853 |
| **Volkswagen Group of America Finance LLC** <br>4.670% due 07/02/2025 | 280 | 280 |
|  |  | 332645 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (f) | 4422350 | 4422 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (g) 56.8%** |  | 2573514 |
| **U.S. TREASURY BILLS 4.8%**  |  |  |
| 4.315% due 07/03/2025 - 10/21/2025 (c)(d)(i)(k) | $219886 | 218357 |
| Total Short-Term Instruments (Cost $3,127,468) |  | 3128938 |
| Total Investments in Securities (Cost $5,325,319) |  | 5642560 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 4.5%**  |  |  |
| **SHORT-TERM INSTRUMENTS 4.5%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 4.5%**  |  |  |
| **PIMCO Short Asset Portfolio** | 9255735 | 90669 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 11367880 | 110689 |
| Total Short-Term Instruments (Cost $201,987) |  | 201358 |
| Total Investments in Affiliates (Cost $201,987) |  | 201358 |
| Total Investments 129.0% (Cost $5,527,306) |  | $5843918 |
| **Financial Derivative Instruments (h)(j) (4.0)**%(Cost or Premiums, net $(355)) |  | (183422) |
| Other Assets and Liabilities, net (24.9)% |  | (1130861) |
| Net Assets 100.0% |  | $4529635 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(g)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | BOS | 4.380%  | 06/30/2025 | 08/18/2025 | 85000 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.750% due 05/31/2029 | (86846) | (86846) | $ | 85000 | $85011 |
|  |  | 4.430  | 06/30/2025 | 07/01/2025 | 100000 | &nbsp;&nbsp; U.S. Treasury Notes 2.375% due 05/15/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.375% due 05/15/2029 | &nbsp;&nbsp; U.S. Treasury Notes 2.375% due 05/15/2029 | (102349) | (102349) |  | 100000 | 100012 |
|  |  | 4.440  | 06/30/2025 | 07/01/2025 | 129300 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | (132092) | (132092) |  | 129300 | 129316 |
|  |  | 4.450  | 06/30/2025 | 07/01/2025 | 857400 | &nbsp;&nbsp; U.S. Treasury Notes 4.000% due 12/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.000% due 12/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.000% due 12/15/2027 | (876080) | (876080) |  | 857400 | 857506 |
| BUS | BUS | 2.690  | 06/17/2025 | 07/03/2025 | 30000 | &nbsp;&nbsp; Province of Quebec 4.200% due 12/01/2057 | &nbsp;&nbsp; Province of Quebec 4.200% due 12/01/2057 | &nbsp;&nbsp; Province of Quebec 4.200% due 12/01/2057 | (23110) | (23110) |  | 22030 | 22053 |
|  |  | 2.700  | 06/18/2025 | 07/03/2025 | 70000 | &nbsp;&nbsp; Province of Quebec 5.000% due 12/01/2041 | &nbsp;&nbsp; Province of Quebec 5.000% due 12/01/2041 | &nbsp;&nbsp; Province of Quebec 5.000% due 12/01/2041 | (53335) | (53335) |  | 51404 | 51453 |
|  |  | 2.700  | 06/23/2025 | 07/07/2025 | 90000 | &nbsp;&nbsp; Province of Quebec 4.400% due 12/01/2055 | &nbsp;&nbsp; Province of Quebec 4.400% due 12/01/2055 | &nbsp;&nbsp; Province of Quebec 4.400% due 12/01/2055 | (68265) | (68265) |  | 66091 | 66130 |
|  |  | 2.700  | 06/24/2025 | 07/08/2025 | 50000 | &nbsp;&nbsp; Province of Quebec 3.600% due 09/01/2033 | &nbsp;&nbsp; Province of Quebec 3.600% due 09/01/2033 | &nbsp;&nbsp; Province of Quebec 3.600% due 09/01/2033 | (37842) | (37842) |  | 36717 | 36736 |
| DEU | DEU | 4.420  | 07/01/2025 | 07/02/2025 | 888900 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 4.000% due 05/15/2040 - 11/15/2042 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 4.000% due 05/15/2040 - 11/15/2042 | &nbsp;&nbsp; U.S. Treasury Bonds 1.125% - 4.000% due 05/15/2040 - 11/15/2042 | (906417) | (906417) |  | 888900 | 888900 |
| FICC STR | FICC STR | 4.400  | 06/30/2025 | 07/01/2025 | 2200 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | (2244) | (2244) |  | 2200 | 2200 |
| JPS | JPS | 4.400  | 07/30/2024 | TBD<sup>(2)</sup> | 165473 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% - 3.875% due 08/15/2040 - 05/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% - 3.875% due 08/15/2040 - 05/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% - 3.875% due 08/15/2040 - 05/15/2041 | (166112) | (166112) |  | 165473 | 172647 |
|  |  | 4.480  | 06/30/2025 | 07/01/2025 | 100 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 01/15/2026 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 01/15/2026 | &nbsp;&nbsp; U.S. Treasury Inflation Protected Securities 0.625% due 01/15/2026 | (102) | (102) |  | 100 | 100 |
| TOR | TOR | 2.700  | 06/25/2025 | 07/03/2025 | 130000 | &nbsp;&nbsp; Province of Manitoba 1.900% due 03/05/2031 | &nbsp;&nbsp; Province of Manitoba 1.900% due 03/05/2031 | &nbsp;&nbsp; Province of Manitoba 1.900% due 03/05/2031 | (41565) | (41565) |  | 95465 | 95507 |
|  |  |  |  |  |  | &nbsp;&nbsp; Province of Ontario 1.100% due 03/08/2029 | &nbsp;&nbsp; Province of Ontario 1.100% due 03/08/2029 | &nbsp;&nbsp; Province of Ontario 1.100% due 03/08/2029 | (56449) | (56449) |  |  |  |
|  |  | 2.710  | 06/18/2025 | 07/08/2025 | 50000 | &nbsp;&nbsp; Province of Alberta 3.050% - 3.100% due 12/01/2048 - 06/01/2050 | &nbsp;&nbsp; Province of Alberta 3.050% - 3.100% due 12/01/2048 - 06/01/2050 | &nbsp;&nbsp; Province of Alberta 3.050% - 3.100% due 12/01/2048 - 06/01/2050 | (19174) | (19174) |  | 36717 | 36752 |
|  |  |  |  |  |  | &nbsp;&nbsp; Province of Ontario 3.750% due 06/02/2032 | &nbsp;&nbsp; Province of Ontario 3.750% due 06/02/2032 | &nbsp;&nbsp; Province of Ontario 3.750% due 06/02/2032 | (18968) | (18968) |  |  |  |
|  |  | 2.710  | 06/19/2025 | 07/08/2025 | 50000 | &nbsp;&nbsp; Province of British Columbia 4.250% due 12/18/2053 | &nbsp;&nbsp; Province of British Columbia 4.250% due 12/18/2053 | &nbsp;&nbsp; Province of British Columbia 4.250% due 12/18/2053 | (11430) | (11430) |  | 36717 | 36750 |
|  |  |  |  |  |  | &nbsp;&nbsp; Province of Manitoba 2.050% - 3.800% due 06/02/2031 - 09/05/2053 | &nbsp;&nbsp; Province of Manitoba 2.050% - 3.800% due 06/02/2031 - 09/05/2053 | &nbsp;&nbsp; Province of Manitoba 2.050% - 3.800% due 06/02/2031 - 09/05/2053 | (11392) | (11392) |  |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; Province of Nova Scotia 4.700% due 06/01/2041 | &nbsp;&nbsp; Province of Nova Scotia 4.700% due 06/01/2041 | &nbsp;&nbsp; Province of Nova Scotia 4.700% due 06/01/2041 | (7583) | (7583) |  |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; Province of Saskatchewan 3.800% due 06/02/2035 | &nbsp;&nbsp; Province of Saskatchewan 3.800% due 06/02/2035 | &nbsp;&nbsp; Province of Saskatchewan 3.800% due 06/02/2035 | (7569) | (7569) |  |  |  |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | **(2628924)** | **(2628924)** | **$** | **2573514** | $**2581073** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% | U.S. Government Agencies (2.9)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 08/01/2055 | $14500 | 14500 | $ | $(12972) | (12972) | $(13052) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 08/01/2055 | 116900 | 116900 |  | (116119) | (116119) | (116796) |
| **Total Short Sales (2.9)%** | **Total Short Sales (2.9)%** | **Total Short Sales (2.9)%** | **Total Short Sales (2.9)%** | **Total Short Sales (2.9)%** | **Total Short Sales (2.9)%** | **Total Short Sales (2.9)%** |  |  |  | **$** | $**(129091)** | **(129091)** | $**(129848)** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. |
| **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(2420) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Cash of $3,479 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** |

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<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Cost |  | Market<br>Value |
| Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | $40.000 | 40.000 | 12/15/2025 | 113 | $113 | 113 | 68 | $ | 32 |
| Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | 60.000 | 60.000 | 12/31/2025 | 661 | 661 | 661 | 96 |  | 18 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **$** | **164** | **$** | **50** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CME Gold August 2025 Futures  | Put - CME Gold August 2025 Futures  | Put - CME Gold August 2025 Futures  | Put - CME Gold August 2025 Futures  | $3200.000 | 3200.000 | 07/28/2025 | 20 | $2 | 2 | (34) | $ | (32) |
| Put - CME Gold August 2025 Futures  | Put - CME Gold August 2025 Futures  | Put - CME Gold August 2025 Futures  | Put - CME Gold August 2025 Futures  | 3300.000 | 3300.000 | 07/28/2025 | 20 | 2 | 2 | (82) |  | (101) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3500.000 | 3500.000 | 07/28/2025 | 33 | 3 | 3 | (139) |  | (24) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3550.000 | 3550.000 | 07/28/2025 | 60 | 6 | 6 | (221) |  | (25) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3600.000 | 3600.000 | 07/28/2025 | 67 | 7 | 7 | (162) |  | (15) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3700.000 | 3700.000 | 07/28/2025 | 60 | 6 | 6 | (78) |  | (6) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3500.000 | 3500.000 | 08/26/2025 | 80 | 8 | 8 | (186) |  | (222) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3550.000 | 3550.000 | 08/26/2025 | 19 | 2 | 2 | (56) |  | (37) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3600.000 | 3600.000 | 08/26/2025 | 15 | 2 | 2 | (29) |  | (21) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3700.000 | 3700.000 | 08/26/2025 | 66 | 7 | 7 | (68) |  | (45) |
| Put - NYMEX Crude Oil August 2025 Futures  | Put - NYMEX Crude Oil August 2025 Futures  | Put - NYMEX Crude Oil August 2025 Futures  | Put - NYMEX Crude Oil August 2025 Futures  | 66.000 | 66.000 | 07/17/2025 | 104 | 104 | 104 | (186) |  | (241) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 67.000 | 67.000 | 07/17/2025 | 70 | 70 | 70 | (87) |  | (76) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 68.000 | 68.000 | 07/17/2025 | 110 | 110 | 110 | (139) |  | (88) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 70.000 | 70.000 | 07/17/2025 | 50 | 50 | 50 | (42) |  | (23) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 72.000 | 72.000 | 07/17/2025 | 90 | 90 | 90 | (55) |  | (26) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 68.000 | 68.000 | 08/15/2025 | 50 | 50 | 50 | (70) |  | (76) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 70.000 | 70.000 | 08/15/2025 | 40 | 40 | 40 | (39) |  | (43) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 72.000 | 72.000 | 08/15/2025 | 60 | 60 | 60 | (46) |  | (47) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 74.000 | 74.000 | 08/15/2025 | 110 | 110 | 110 | (82) |  | (66) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 80.000 | 80.000 | 08/15/2025 | 80 | 80 | 80 | (145) |  | (26) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.250 | 3.250 | 07/28/2025 | 225 | 2250 | 2250 | (114) |  | (289) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.300 | 3.300 | 07/28/2025 | 27 | 270 | 270 | (37) |  | (40) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.400 | 3.400 | 07/28/2025 | 53 | 530 | 530 | (85) |  | (103) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.500 | 3.500 | 07/28/2025 | 1 | 10 | 10 | (1) |  | (3) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.000 | 3.000 | 08/26/2025 | 120 | 1200 | 1200 | (80) |  | (137) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.200 | 3.200 | 08/26/2025 | 120 | 1200 | 1200 | (132) |  | (216) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.400 | 3.400 | 08/26/2025 | 120 | 1200 | 1200 | (208) |  | (323) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.500 | 3.500 | 08/26/2025 | 140 | 1400 | 1400 | (216) |  | (451) |
|  |  |  |  |  |  |  |  |  | $ | (2819) | $ | (2802) |
| **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | $70.000 | 70.000 | 08/26/2025 | 71 | $71 | 71 | (145) | $ | (115) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 75.000 | 75.000 | 08/26/2025 | 64 | 64 | 64 | (78) |  | (48) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 77.000 | 77.000 | 08/26/2025 | 74 | 74 | 74 | (139) |  | (44) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 78.000 | 78.000 | 08/26/2025 | 64 | 64 | 64 | (52) |  | (34) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 79.000 | 79.000 | 08/26/2025 | 74 | 74 | 74 | (119) |  | (35) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 70.000 | 70.000 | 07/28/2025 | 100 | 100 | 100 | (122) |  | (102) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 70.500 | 70.500 | 07/28/2025 | 80 | 80 | 80 | (79) |  | (73) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 71.000 | 71.000 | 07/28/2025 | 100 | 100 | 100 | (119) |  | (81) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 72.000 | 72.000 | 07/28/2025 | 50 | 50 | 50 | (46) |  | (33) |
|  |  |  |  |  |  |  |  |  | $ | (899) | $ | (565) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(3718)** | **$** | **(3367)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Aluminum July Futures  | Aluminum July Futures  | 07/2025 | 17 | 17 | $1104 | 1104 | $49 | 49 | 49 | $0 | 0 | $0 |
| Aluminum September Futures  | Aluminum September Futures  | 09/2025 | 168 | 168 | 10920 | 10920 | 171 | 171 | 171 | 0 | 0 | 0 |
| Arabica Coffee December Futures  | Arabica Coffee December Futures  | 12/2025 | 66 | 66 | 7291 | 7291 | (1538) | (1538) | (1538) | 0 | 0 | (69) |
| Brent Crude December Futures  | Brent Crude December Futures  | 10/2025 | 1879 | 1879 | 121966 | 121966 | 2209 | 2209 | 2209 | 0 | 0 | (132) |
| Brent Crude December Futures  | Brent Crude December Futures  | 10/2026 | 985 | 985 | 63946 | 63946 | 1128 | 1128 | 1128 | 0 | 0 | (168) |

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------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Brent Crude February Futures  | 12/2025 | 720 | 46598 | 869 | 0 | (58) |
| Brent Crude January Futures  | 11/2025 | 856 | 55443 | (500) | 0 | (69) |
| Brent Crude June Futures  | 04/2026 | 142 | 9193 | 353 | 0 | (14) |
| Brent Crude October Futures  | 08/2025 | 288 | 18968 | 712 | 0 | (17) |
| Brent Crude September Futures  | 07/2025 | 236 | 15751 | (54) | 0 | (13) |
| California Carbon Allowance December Futures  | 12/2025 | 1084 | 30775 | (1662) | 336 | 0 |
| California Carbon Allowance Vintage December Futures  | 12/2026 | 3281 | 98922 | (4642) | 919 | 0 |
| Cocoa September Futures  | 09/2025 | 100 | 8152 | (481) | 0 | (161) |
| Copper August Futures  | 08/2025 | 92 | 22785 | 239 | 241 | (2) |
| Copper July Futures  | 07/2025 | 59 | 14669 | 626 | 490 | 0 |
| Corn December Futures  | 12/2025 | 627 | 13339 | (124) | 4 | (43) |
| European Climate Exchange December Futures  | 12/2025 | 141 | 11455 | (759) | 93 | (331) |
| Gas Oil December Futures  | 12/2025 | 2078 | 130862 | 2840 | 0 | (104) |
| Gold 100 oz. December Futures  | 12/2025 | 24 | 8071 | (137) | 49 | 0 |
| Gold 100 oz. October Futures  | 10/2025 | 29 | 9673 | (14) | 58 | 0 |
| Hard Red Winter Wheat September Futures  | 09/2025 | 2164 | 56994 | (2781) | 0 | (757) |
| Henry Hub Natural Gas April Futures  | 03/2027 | 17 | 148 | (13) | 0 | (2) |
| Henry Hub Natural Gas April Futures  | 03/2030 | 179 | 1351 | (154) | 0 | 0 |
| Henry Hub Natural Gas April Futures  | 03/2031 | 71 | 543 | (57) | 0 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2027 | 17 | 162 | 1 | 0 | (2) |
| Henry Hub Natural Gas August Futures  | 07/2030 | 188 | 1578 | (2) | 2 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2031 | 74 | 634 | 10 | 0 | 0 |
| Henry Hub Natural Gas December Futures  | 11/2027 | 17 | 189 | 27 | 0 | (2) |
| Henry Hub Natural Gas December Futures  | 11/2030 | 188 | 1944 | 364 | 0 | (1) |
| Henry Hub Natural Gas December Futures  | 11/2031 | 74 | 758 | 133 | 0 | 0 |
| Henry Hub Natural Gas February Futures  | 01/2027 | 13 | 149 | 25 | 0 | (3) |
| Henry Hub Natural Gas February Futures  | 01/2030 | 166 | 1768 | 373 | 0 | (1) |
| Henry Hub Natural Gas February Futures  | 01/2031 | 66 | 676 | 119 | 0 | (5) |
| Henry Hub Natural Gas January Futures  | 12/2026 | 17 | 213 | 52 | 0 | (4) |
| Henry Hub Natural Gas January Futures  | 12/2029 | 188 | 2146 | 567 | 0 | (3) |
| Henry Hub Natural Gas January Futures  | 12/2030 | 74 | 811 | 187 | 0 | (3) |
| Henry Hub Natural Gas July Futures  | 06/2027 | 17 | 160 | (1) | 0 | (2) |
| Henry Hub Natural Gas July Futures  | 06/2030 | 188 | 1552 | (27) | 1 | 0 |
| Henry Hub Natural Gas July Futures  | 06/2031 | 74 | 628 | 3 | 0 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2027 | 17 | 153 | (9) | 0 | (2) |
| Henry Hub Natural Gas June Futures  | 05/2030 | 179 | 1404 | (100) | 1 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2031 | 71 | 573 | (26) | 0 | 0 |
| Henry Hub Natural Gas March Futures  | 02/2027 | 17 | 167 | 6 | 0 | (3) |
| Henry Hub Natural Gas March Futures  | 02/2030 | 188 | 1676 | 97 | 0 | (1) |
| Henry Hub Natural Gas March Futures  | 02/2031 | 74 | 645 | 20 | 0 | (5) |
| Henry Hub Natural Gas May Futures  | 04/2027 | 17 | 147 | (15) | 0 | (2) |
| Henry Hub Natural Gas May Futures  | 04/2030 | 188 | 1401 | (179) | 0 | 0 |
| Henry Hub Natural Gas May Futures  | 04/2031 | 74 | 569 | (56) | 0 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2027 | 17 | 172 | 10 | 0 | (2) |
| Henry Hub Natural Gas November Futures  | 10/2030 | 179 | 1645 | 141 | 3 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2031 | 71 | 652 | 53 | 0 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2027 | 17 | 163 | 2 | 0 | (2) |
| Henry Hub Natural Gas October Futures  | 09/2030 | 188 | 1616 | 36 | 2 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2031 | 74 | 643 | 18 | 0 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2027 | 17 | 161 | (1) | 0 | (2) |
| Henry Hub Natural Gas September Futures  | 08/2030 | 179 | 1494 | (10) | 2 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2031 | 71 | 604 | 5 | 0 | 0 |
| Iron Ore August Futures  | 08/2025 | 1122 | 10549 | 76 | 0 | (29) |
| Iron Ore September Futures  | 09/2025 | 1236 | 11588 | (182) | 0 | (24) |
| Lead July Futures  | 07/2025 | 1 | 51 | 1 | 0 | 0 |
| Live Cattle October Futures  | 10/2025 | 188 | 15805 | (38) | 26 | 0 |
| Mont Belvieu Ethane (OPIS) February Futures  | 02/2026 | 76 | 863 | (77) | 0 | (25) |
| Mont Belvieu Ethane (OPIS) January Futures  | 01/2026 | 76 | 863 | (78) | 0 | (25) |
| Mont Belvieu Ethane (OPIS) March Futures  | 03/2026 | 65 | 728 | (84) | 0 | (18) |
| Natural Gas April Futures  | 03/2026 | 8 | 224 | (21) | 0 | (7) |
| Natural Gas April Futures  | 03/2027 | 386 | 13471 | 472 | 0 | (181) |
| Natural Gas August Futures  | 07/2025 | 189 | 6532 | (36) | 0 | (36) |
| Natural Gas August Futures  | 07/2026 | 8 | 226 | (29) | 0 | (6) |
| Natural Gas December Futures  | 11/2025 | 27 | 1231 | (63) | 0 | (66) |
| Natural Gas December Futures  | 11/2026 | 8 | 235 | (20) | 0 | (5) |
| Natural Gas February Futures  | 01/2026 | 8 | 223 | (7) | 0 | (9) |
| Natural Gas January Futures  | 12/2025 | 8 | 248 | (9) | 0 | (10) |
| Natural Gas July Futures  | 06/2026 | 8 | 225 | (30) | 0 | (6) |
| Natural Gas June Futures  | 05/2026 | 8 | 217 | (25) | 0 | (6) |
| Natural Gas March Futures  | 02/2026 | 8 | 243 | (13) | 0 | (10) |
| Natural Gas March Futures  | 02/2027 | 39 | 1533 | (28) | 0 | (29) |
| Natural Gas May Futures  | 04/2026 | 8 | 226 | (25) | 0 | (6) |
| Natural Gas May Futures  | 04/2026 | 205 | 7811 | (270) | 0 | (320) |
| Natural Gas November Futures  | 10/2025 | 898 | 35785 | (1726) | 0 | (2245) |
| Natural Gas November Futures  | 10/2026 | 8 | 226 | (21) | 0 | (5) |
| Natural Gas October Futures  | 09/2026 | 8 | 229 | (26) | 0 | (6) |
| Natural Gas September Futures  | 08/2026 | 8 | 220 | (27) | 0 | (6) |
| New York Harbor December Futures  | 11/2025 | 78 | 7189 | (167) | 62 | 0 |
| Nickel July Futures  | 07/2025 | 6 | 542 | (22) | 0 | 0 |
| Nickel September Futures  | 09/2025 | 14 | 1276 | (44) | 0 | (21) |
| Palladium September Futures  | 09/2025 | 19 | 2103 | 95 | 0 | (85) |
| Platinum October Futures  | 10/2025 | 113 | 7588 | 967 | 0 | (50) |
| RBOB Gasoline August Futures  | 07/2025 | 184 | 16013 | (1109) | 20 | 0 |
| RBOB Gasoline December Futures  | 11/2025 | 38 | 2892 | (214) | 1 | 0 |
| RBOB Gasoline September Futures  | 08/2025 | 364 | 31221 | 1041 | 48 | 0 |
| Rotterdam Coal December Futures  | 12/2025 | 5 | 549 | 19 | 7 | 0 |

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<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Rotterdam Coal November Futures  | 11/2025 | 5 | 546 | 16 | 7 | 0 |
| Rotterdam Coal October Futures  | 10/2025 | 5 | 544 | 13 | 6 | 0 |
| Soybean Meal December Futures  | 12/2025 | 1191 | 34456 | (1934) | 95 | 0 |
| Soybean November Futures  | 11/2025 | 368 | 18897 | (268) | 42 | 0 |
| Soybean Oil January Futures  | 01/2026 | 67 | 2127 | 13 | 6 | 0 |
| U.S. Treasury 5-Year Note September Futures  | 09/2025 | 345 | 37605 | 449 | 46 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 96 | 10970 | 244 | 47 | 0 |
| United Kingdom Long Gilt September Futures  | 09/2025 | 1 | 128 | 2 | 0 | 0 |
| WTI Crude December Futures  | 11/2025 | 1754 | 108134 | (3869) | 0 | (158) |
| WTI Crude December Futures  | 11/2026 | 1102 | 67707 | (762) | 0 | (143) |
| WTI Crude February Futures  | 01/2026 | 539 | 33068 | 756 | 0 | (38) |
| WTI Crude January Futures  | 12/2025 | 801 | 49213 | (2440) | 0 | (64) |
| WTI Crude March Futures  | 02/2026 | 816 | 50029 | (1071) | 0 | (57) |
| Zinc September Futures  | 09/2025 | 11 | 757 | 13 | 0 | 0 |
|  |  |  |  | $ | $ | (5681) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| Aluminum July Futures  | 07/2025 | 17 | $(1104) | (93) | 0 | $0 |
| Aluminum September Futures  | 09/2025 | 214 | (13910) | (695) | 0 | (129) |
| Arabica Coffee September Futures  | 09/2025 | 44 | (4952) | 1089 | 60 | 0 |
| Argus Euro-Bobl Oxy FOB Rotterdam Barges vs Brent 1st Line August Futures  | 08/2025 | 17 | (238) | 7 | 0 | (5) |
| Argus Euro-Bobl Oxy FOB Rotterdam Barges vs Brent 1st Line July Futures  | 07/2025 | 17 | (237) | 8 | 0 | (5) |
| Argus Euro-Bobl Oxy FOB Rotterdam Barges vs Brent 1st Line September Futures  | 09/2025 | 17 | (224) | 21 | 0 | (5) |
| Brent Crude April Futures  | 02/2026 | 412 | (26661) | 1312 | 37 | 0 |
| Brent Crude December Futures  | 10/2027 | 1075 | (70466) | (249) | 204 | 0 |
| Brent Crude July Futures  | 05/2026 | 252 | (16314) | (152) | 28 | 0 |
| Brent Crude March Futures  | 01/2026 | 61 | (3947) | 194 | 5 | 0 |
| Brent Crude May Futures  | 03/2026 | 428 | (27704) | 1190 | 39 | 0 |
| Brent Crude November Futures  | 09/2025 | 543 | (35431) | (1306) | 38 | 0 |
| Cocoa September Futures  | 09/2025 | 50 | (4500) | 21 | 0 | (40) |
| Copper August Futures  | 08/2025 | 29 | (3665) | (67) | 29 | 0 |
| Copper July Futures  | 07/2025 | 12 | (2984) | (74) | 0 | 0 |
| Copper September Futures  | 09/2025 | 260 | (33036) | (1151) | 263 | 0 |
| Corn December Futures  | 12/2026 | 1078 | (24632) | 377 | 5 | (38) |
| Corn September Futures  | 09/2025 | 1796 | (36751) | 1864 | 202 | 0 |
| Cotton No. 2 December Futures  | 12/2025 | 60 | (2044) | 3 | 36 | 0 |
| Gas Oil August Futures  | 08/2025 | 569 | (37611) | 4510 | 0 | (85) |
| Gas Oil July Futures  | 07/2025 | 531 | (35949) | (2572) | 0 | (106) |
| Gas Oil June Futures  | 06/2026 | 1100 | (67870) | 522 | 165 | 0 |
| Globex Natural Gas August Futures  | 07/2025 | 57 | (1970) | 49 | 119 | (4) |
| Globex Natural Gas September Futures  | 08/2025 | 57 | (1989) | 14 | 84 | (7) |
| Gold 100 oz. August Futures  | 08/2025 | 1828 | (604648) | 11615 | 0 | (3674) |
| Hard Red Winter Wheat December Futures  | 12/2025 | 293 | (8058) | 457 | 99 | 0 |
| Henry Hub Natural Gas April Futures  | 03/2026 | 77 | (735) | 16 | 31 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2026 | 79 | (832) | (64) | 27 | 0 |
| Henry Hub Natural Gas December Futures  | 11/2026 | 79 | (946) | (178) | 20 | 0 |
| Henry Hub Natural Gas February Futures  | 01/2026 | 154 | (1756) | (117) | 89 | 0 |
| Henry Hub Natural Gas January Futures  | 12/2025 | 174 | (2111) | (252) | 105 | 0 |
| Henry Hub Natural Gas July Futures  | 06/2026 | 79 | (822) | (54) | 27 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2026 | 77 | (765) | (15) | 28 | 0 |
| Henry Hub Natural Gas March Futures  | 02/2026 | 160 | (1637) | 45 | 81 | 0 |
| Henry Hub Natural Gas May Futures  | 04/2026 | 79 | (752) | 16 | 31 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2026 | 77 | (852) | (102) | 22 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2026 | 79 | (833) | (65) | 27 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2026 | 77 | (802) | (51) | 26 | 0 |
| Lead July Futures  | 07/2025 | 1 | (51) | (3) | 0 | 0 |
| Lead September Futures  | 09/2025 | 83 | (4244) | (143) | 0 | (143) |
| Lean Hogs October Futures  | 10/2025 | 332 | (12271) | 115 | 295 | 0 |
| Natural Gas April Futures  | 03/2026 | 205 | (7825) | 289 | 334 | 0 |
| Natural Gas January Futures  | 12/2025 | 897 | (43522) | 2237 | 2171 | 0 |
| Natural Gas January Futures  | 12/2026 | 425 | (21331) | (477) | 433 | 0 |
| Natural Gas September Futures  | 08/2025 | 55 | (1561) | 166 | 81 | 0 |
| Natural Gas September Futures  | 08/2025 | 485 | (16927) | 1022 | 759 | (1) |
| New York Harbor August Futures  | 07/2025 | 100 | (9560) | 527 | 0 | (138) |
| Nickel July Futures  | 07/2025 | 6 | (542) | 12 | 0 | 0 |
| Nickel September Futures  | 09/2025 | 6 | (547) | 11 | 0 | 0 |
| RBOB Gasoline October Futures  | 09/2025 | 364 | (28900) | (1468) | 0 | (14) |
| Silver September Futures  | 09/2025 | 73 | (13203) | (113) | 72 | 0 |
| SNG KEROS vs. SNG GA April Futures  | 04/2026 | 31 | 17 | 1 | 0 | (1) |
| SNG KEROS vs. SNG GA August Futures  | 08/2025 | 208 | 283 | 153 | 12 | 0 |
| SNG KEROS vs. SNG GA February Futures  | 02/2026 | 72 | 24 | (3) | 0 | (1) |
| SNG KEROS vs. SNG GA January Futures  | 01/2026 | 72 | 21 | (7) | 0 | (1) |
| SNG KEROS vs. SNG GA June Futures  | 06/2026 | 31 | 18 | 3 | 0 | (1) |
| SNG KEROS vs. SNG GA March Futures  | 03/2026 | 72 | 24 | (3) | 0 | (5) |
| SNG KEROS vs. SNG GA May Futures  | 05/2026 | 31 | 18 | 3 | 0 | (1) |
| SNG KEROS vs. SNG GA September Futures  | 09/2025 | 156 | 172 | 83 | 8 | 0 |

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------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | 01/2026 | 01/2026 | 70 | (3648) | (3648) |  | 28 | 28 |  | 0 | 0 |  | (9) |
| Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | 01/2026 | 01/2026 | 245 | (7174) | (7174) |  | 263 | 263 |  | 0 | 0 |  | (27) |
| Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | 12/2025 | 12/2025 | 100 | (3165) | (3165) |  | (291) | (291) |  | 0 | 0 |  | (8) |
| Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | 02/2026 | 02/2026 | 367 | (6963) | (6963) |  | 255 | 255 |  | 177 | 177 |  | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 1332 | (149351) | (149351) |  | (1560) | (1560) |  | 0 | 0 |  | (416) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 262 | (31211) | (31211) |  | (1106) | (1106) |  | 0 | 0 |  | (352) |
| UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | 08/2025 | 08/2025 | 15 | (500) | (500) |  | 71 | 71 |  | 25 | 25 |  | 0 |
| Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | 12/2025 | 12/2025 | 490 | (13720) | (13720) |  | 985 | 985 |  | 74 | 74 |  | 0 |
| Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | 09/2025 | 09/2025 | 1925 | (51807) | (51807) |  | 1522 | 1522 |  | 241 | 241 |  | 0 |
| WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | 03/2026 | 03/2026 | 328 | (20110) | (20110) |  | 1718 | 1718 |  | 23 | 23 |  | 0 |
| WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | 07/2025 | 07/2025 | 716 | (46619) | (46619) |  | 440 | 440 |  | 285 | 285 |  | (2) |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2025 | 11/2025 | 195 | (12022) | (12022) |  | (703) | (703) |  | 18 | 18 |  | 0 |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2027 | 11/2027 | 1130 | (69857) | (69857) |  | (1052) | (1052) |  | 170 | 170 |  | 0 |
| WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | 05/2026 | 05/2026 | 772 | (47354) | (47354) |  | 1072 | 1072 |  | 54 | 54 |  | 0 |
| WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | 06/2026 | 06/2026 | 424 | (25995) | (25995) |  | 441 | 441 |  | 38 | 38 |  | 0 |
| WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | 04/2026 | 04/2026 | 386 | (23670) | (23670) |  | 1517 | 1517 |  | 27 | 27 |  | 0 |
| WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | 10/2025 | 10/2025 | 408 | (25320) | (25320) |  | 358 | 358 |  | 45 | 45 |  | 0 |
| WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | 11/2026 | 11/2026 | 66 | (4055) | (4055) |  | (133) | (133) |  | 9 | 9 |  | 0 |
| WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | 09/2025 | 09/2025 | 270 | (16945) | (16945) |  | (670) | (670) |  | 38 | 38 |  | 0 |
| WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | 08/2025 | 08/2025 | 1787 | (114100) | (114100) |  | (601) | (601) |  | 389 | 389 |  | (2) |
| Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | 09/2025 | 09/2025 | 80 | (5505) | (5505) |  | (124) | (124) |  | 0 | 0 |  | (94) |
|  |  |  |  |  |  |  |  |  |  |  | $20908 | 20908 | 20908 | $7705 | 7705 | $ | $(5314) | (5314) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | $**8453** | **8453** | **8453** | $**10319** | **10319** | **$** | $**(10995)** | **(10995)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Reference Entity | Reference Entity | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset |  | Liability |
| Bank of America Corp.  | Bank of America Corp.  | Quarterly | 12/20/2025 | 0.239 | 0.239 | 0.239 | $ | $1100 | 8 | $ | (4) | (4) | 4 | 4 | 4 | 0 | $ | 0 |
| Bank of America Corp.  | Bank of America Corp.  | Quarterly | 12/20/2026 | 0.359 | 0.359 | 0.359 |  | 4200 | 54 |  | (14) | (14) | 40 | 40 | 40 | 0 |  | 0 |
| Barclays Bank PLC  | Barclays Bank PLC  | Quarterly | 12/20/2025 | 0.238 | 0.238 | 0.238 | EUR | 3200 | 19 |  | (4) | (4) | 15 | 15 | 15 | 0 |  | 0 |
| BNP Paribas SNR  | BNP Paribas SNR  | Quarterly | 12/20/2025 | 0.164 | 0.164 | 0.164 |  | 500 | 3 |  | 0 | 0 | 3 | 3 | 3 | 0 |  | 0 |
|  |  |  |  |  |  |  |  |  | 84 | $ | (22) | (22) | 62 | 62 | 62 | 0 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset |  | Liability |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.400% | Annual | 12/15/2045 | 12/15/2045 | JPY | 990 | $0 | 0 | 2 | 2 | $2 | 2 | 2 | 0 | $ | $0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Semi-Annual | 12/21/2026 | 12/21/2026 | $ | 15700 | 1199 | 1199 | (704) | (704) | 495 | 495 | 495 | 0 |  | (3) |
| Pay | CPURNSA | CPURNSA | 2.242 | Maturity | 11/21/2026 | 11/21/2026 |  | 39000 | 2165 | 2165 | (7141) | (7141) | (4976) | (4976) | (4976) | 3 |  | 0 |
|  |  |  |  |  |  |  |  |  | 3364 | $ | (7843) | (7843) | (4479) | (4479) | (4479) | 3 | $ | (3) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **3448** | **$** | **(7865)** | **(7865)** | **(4417)** | **(4417)** | **(4417)** | **3** | **$** | **(3)** |
| **(i)** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $88,262 and cash of $22,514 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. | Future styled option variation margin asset of $101 is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. | Unsettled variation margin asset of $321 and liability of $(142) for closed futures is outstanding at period end. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

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<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  |  | Currency to<br>be Delivered |  |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset |  | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 10 | $ | $ | 8 | 8 | 8 | $0 | 0 | $ | 0 |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 128 | CAD | CAD | 175 | 175 | 175 | 0 | 0 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  |  |  | 1409 | NZD | NZD | 2341 | 2341 | 2341 | 18 | 18 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  | CAD | CAD | 174 | $ | $ | 128 | 128 | 128 | 0 | 0 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  | NZD | NZD | 2341 |  |  | 1411 | 1411 | 1411 | 0 | 0 |  | (18) |
|  | 08/2025  | 08/2025  | 08/2025  | $ | $ | 8 | CAD | CAD | 10 | 10 | 10 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | EUR | EUR | 121915 | $ | $ | 138623 | 138623 | 138623 | 0 | 0 |  | (4986) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | BRL | 98 |  |  | 18 | 18 | 18 | 0 | 0 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 50052 |  |  | 36392 | 36392 | 36392 | 0 | 0 |  | (375) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 17 | BRL | BRL | 98 | 98 | 98 | 1 | 1 |  | 0 |
|  | 10/2025  | 10/2025  | 10/2025  | BRL | BRL | 120300 | $ | $ | 20070 | 20070 | 20070 | 0 | 0 |  | (1568) |
|  | 10/2025  | 10/2025  | 10/2025  | $ | $ | 20673 | BRL | BRL | 126200 | 126200 | 126200 | 2026 | 2026 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 961 | $ | $ | 700 | 700 | 700 | 0 | 0 |  | (6) |
|  | 07/2025  | 07/2025  | 07/2025  | GBP | GBP | 19079 |  |  | 25948 | 25948 | 25948 | 0 | 0 |  | (240) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 43080 | GBP | GBP | 31662 | 31662 | 31662 | 381 | 381 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  | GBP | GBP | 31662 | $ | $ | 43085 | 43085 | 43085 | 0 | 0 |  | (382) |
|  | 08/2025  | 08/2025  | 08/2025  | $ | $ | 24912 | GBP | GBP | 18307 | 18307 | 18307 | 221 | 221 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 07/2025  | 07/2025  |  |  | 63 | DKK | DKK | 414 | 414 | 414 | 2 | 2 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 07/2025  | 07/2025  | BRL | BRL | 36815 | $ | $ | 6746 | 6746 | 6746 | 0 | 0 |  | (30) |
|  | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 90115 |  |  | 65624 | 65624 | 65624 | 0 | 0 |  | (568) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 6343 | BRL | BRL | 36815 | 36815 | 36815 | 434 | 434 |  | 0 |
|  | 09/2025  | 09/2025  | 09/2025  | ILS | ILS | 497 | $ | $ | 132 | 132 | 132 | 0 | 0 |  | (16) |
| &nbsp;&nbsp;&nbsp;&nbsp; CIB | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 178 |  |  | 130 | 130 | 130 | 0 | 0 |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 07/2025  | 07/2025  | DKK | DKK | 311 |  |  | 49 | 49 | 49 | 0 | 0 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 141432 | EUR | EUR | 121914 | 121914 | 121914 | 2176 | 2176 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  | EUR | EUR | 121647 | $ | $ | 141432 | 141432 | 141432 | 0 | 0 |  | (2174) |
|  | 08/2025  | 08/2025  | 08/2025  | $ | $ | 49 | DKK | DKK | 311 | 311 | 311 | 0 | 0 |  | 0 |
|  | 09/2025  | 09/2025  | 09/2025  | MXN | MXN | 3 | $ | $ | 0 | 0 | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 07/2025  | 07/2025  | BRL | BRL | 45377 |  |  | 7937 | 7937 | 7937 | 0 | 0 |  | (415) |
|  | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 200269 |  |  | 147660 | 147660 | 147660 | 566 | 566 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  | DKK | DKK | 423 |  |  | 66 | 66 | 66 | 0 | 0 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 8297 | BRL | BRL | 45377 | 45377 | 45377 | 56 | 56 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  |  |  | 66 | DKK | DKK | 422 | 422 | 422 | 0 | 0 |  | 0 |
|  | 09/2025  | 09/2025  | 09/2025  | BRL | BRL | 8617 | $ | $ | 1537 | 1537 | 1537 | 0 | 0 |  | (25) |
|  | 09/2025  | 09/2025  | 09/2025  | $ | $ | 145 | MXN | MXN | 2827 | 2827 | 2827 | 4 | 4 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 07/2025  | 07/2025  | BRL | BRL | 202845 | $ | $ | 33889 | 33889 | 33889 | 0 | 0 |  | (3446) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 33972 | BRL | BRL | 202845 | 202845 | 202845 | 3363 | 3363 |  | 0 |
|  | 10/2025  | 10/2025  | 10/2025  | BRL | BRL | 178300 | $ | $ | 29269 | 29269 | 29269 | 0 | 0 |  | (2801) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 07/2025  | 07/2025  | NZD | NZD | 2341 |  |  | 1396 | 1396 | 1396 | 0 | 0 |  | (31) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 1409 | CAD | CAD | 1929 | 1929 | 1929 | 8 | 8 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  |  |  | 49 | DKK | DKK | 321 | 321 | 321 | 2 | 2 |  | 0 |
|  | 04/2026  | 04/2026  | 04/2026  | BRL | BRL | 395400 | $ | $ | 67079 | 67079 | 67079 | 0 | 0 |  | (942) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 50351 |  |  | 36660 | 36660 | 36660 | 0 | 0 |  | (316) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 37259 | CAD | CAD | 51216 | 51216 | 51216 | 352 | 352 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  | CAD | CAD | 51076 | $ | $ | 37219 | 37219 | 37219 | 0 | 0 |  | (352) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 10/2025  | 10/2025  | 10/2025  | BRL | BRL | 5100 |  |  | 832 | 832 | 832 | 0 | 0 |  | (85) |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | 07/2025  | 07/2025  | 07/2025  | CAD | CAD | 965 |  |  | 702 | 702 | 702 | 0 | 0 |  | (7) |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | 07/2025  | 07/2025  | 07/2025  |  |  | 130077 |  |  | 94900 | 94900 | 94900 | 0 | 0 |  | (627) |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 07/2025  |  |  | 958 |  |  | 699 | 699 | 699 | 0 | 0 |  | (4) |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 07/2025  | GBP | GBP | 31855 |  |  | 43131 | 43131 | 43131 | 0 | 0 |  | (595) |
|  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 98 | CAD | CAD | 134 | 134 | 134 | 0 | 0 |  | 0 |
|  | 07/2025  | 07/2025  | 07/2025  |  |  | 26095 | GBP | GBP | 19272 | 19272 | 19272 | 359 | 359 |  | 0 |
|  | 08/2025  | 08/2025  | 08/2025  | CAD | CAD | 134 | $ | $ | 98 | 98 | 98 | 0 | 0 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **9969** | **9969** | **$** | **(20010)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** |
| Description | Description | Description | Initial<br>Index | Initial<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value |
| Cap - OTC CPALEMU  | Cap - OTC CPALEMU  | Cap - OTC CPALEMU  | 100.151 | 100.151 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | 06/22/2035 | 10900 | 10900 | 10900 | (496) | (496) | (299) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **(496)** | **(496)** | **(299)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| Pay/Receive | Pay/Receive | Underlying Reference Commodity | Underlying Reference Commodity | Underlying Reference Commodity | Underlying Reference Commodity | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | # of<br>Units |  |  | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| Receive | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | Maturity | Maturity | 09/30/2025 | 30000 | $ | $ | (1) | $69 | $68 | $0 |
| Pay | Pay | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | Maturity | Maturity | 09/30/2025 | 30000 |  |  | 0 | (7) | 0 | (7) |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  |  | 5.050 | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 45000 |  | 0 |  | 105 |  | 105 |  | 0 |
|  |  | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  |  | 7.800 | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 120000 |  | 0 |  | 390 |  | 390 |  | 0 |
|  |  | Pay | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  |  | 6.550 | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 30000 |  | 0 |  | (26) |  | 0 |  | (26) |
|  |  | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  |  | 6.500 | Maturity | Maturity | 07/31/2025 | 07/31/2025 | 20000 |  | 0 |  | (9) |  | 0 |  | (9) |
|  |  | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  |  | 7.375 | Maturity | Maturity | 09/30/2025 | 09/30/2025 | 231000 |  | 38 |  | (225) |  | 0 |  | (187) |
|  |  | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  |  | 5.880 | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 96000 |  | 0 |  | 4 |  | 4 |  | 0 |
|  |  | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  |  | 7.860 | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 270000 |  | (26) |  | (406) |  | 0 |  | (432) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  |  | 7.600 | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 30000 |  | 0 |  | 103 |  | 103 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | 11 | 11 | (2) | (2) | 670 | 670 | (661) | (661) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability | Liability |
| DUB | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500% | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 10/17/2057 | $ | (3) | (3) | 3 | 3 | 0 | 0 | 0 | 0 |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(5)</sup> | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | BCOMTR Index « | BCOMTR Index « | 352732 | &nbsp;&nbsp; (0.500)% | &nbsp;&nbsp; (0.500)% | &nbsp;&nbsp; (0.500)% | &nbsp;&nbsp; (0.500)% | Monthly | Monthly | 09/30/2025 | 57817 | $0 | 0 | $1253 | 1253 | $1253 | 1253 | $0 | 0 |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | BCOMF1NTC Index  | BCOMF1NTC Index  | 271752 | &nbsp;&nbsp; 0.120% | &nbsp;&nbsp; 0.120% | &nbsp;&nbsp; 0.120% | &nbsp;&nbsp; 0.120% | Monthly | Monthly | 03/16/2026 | 34602 | 0 | 0 | 2 | 2 | 2 | 2 | 0 | 0 |
|  |  | CSIXTR Index  | CSIXTR Index  | 73193 | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 03/16/2026 | 535135 | 0 | 0 | (20437) | (20437) | 0 | 0 | (20437) | (20437) |
| &nbsp;&nbsp; CIB | &nbsp;&nbsp; CIB | CSIXTR Index  | CSIXTR Index  | 21394 | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.425% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 06/15/2026 | 156418 | 0 | 0 | (5974) | (5974) | 0 | 0 | (5974) | (5974) |
|  |  | PIMCODB Index  | PIMCODB Index  | 404359 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 06/15/2026 | 83575 | 0 | 0 | (2638) | (2638) | 0 | 0 | (2638) | (2638) |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | SPGCINP Index  | SPGCINP Index  | 60852 | &nbsp;&nbsp; (0.070)% | &nbsp;&nbsp; (0.070)% | &nbsp;&nbsp; (0.070)% | &nbsp;&nbsp; (0.070)% | Monthly | Monthly | 01/15/2026 | 12592 | 0 | 0 | (313) | (313) | 0 | 0 | (313) | (313) |
|  |  | BCOMF1NTC Index  | BCOMF1NTC Index  | 198480 | &nbsp;&nbsp; 4.435% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.435% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.435% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.435% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 04/15/2026 | 70671 | 0 | 0 | 28 | 28 | 28 | 28 | 0 | 0 |
|  |  | BCOMF1TC Index  | BCOMF1TC Index  | 44060 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 04/15/2026 | 18348 | 0 | 0 | (638) | (638) | 0 | 0 | (638) | (638) |
|  |  | CMDSKEWLS Index  | CMDSKEWLS Index  | 111625 | &nbsp;&nbsp; 0.250% | &nbsp;&nbsp; 0.250% | &nbsp;&nbsp; 0.250% | &nbsp;&nbsp; 0.250% | Monthly | Monthly | 04/15/2026 | 44698 | 0 | 0 | (944) | (944) | 0 | 0 | (944) | (944) |
|  |  | CSIXTR Index  | CSIXTR Index  | 66217 | &nbsp;&nbsp; 4.405% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.405% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.405% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.405% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 04/15/2026 | 484136 | 0 | 0 | (18486) | (18486) | 0 | 0 | (18486) | (18486) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | BCOMTR Index  | BCOMTR Index  | 2100289 | &nbsp;&nbsp; 4.155% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.155% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.155% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.155% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 01/15/2026 | 547026 | 0 | 0 | 19040 | 19040 | 19040 | 19040 | 0 | 0 |
|  |  | JMABFNJ2 Index  | JMABFNJ2 Index  | 90192 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 01/30/2026 | 9191 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  | BCOMF1TC Index  | BCOMF1TC Index  | 2442024 | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 07/15/2026 | 531881 | 0 | 0 | (18510) | (18510) | 0 | 0 | (18510) | (18510) |
|  |  | CSIXTR Index  | CSIXTR Index  | 45214 | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 07/15/2026 | 330575 | 0 | 0 | (12623) | (12623) | 0 | 0 | (12623) | (12623) |
|  |  | JMABNIC5 Index  | JMABNIC5 Index  | 710270 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 07/15/2026 | 131548 | 0 | 0 | (4223) | (4223) | 0 | 0 | (4223) | (4223) |
| &nbsp;&nbsp; MAC | &nbsp;&nbsp; MAC | PIMCODBU Index  | PIMCODBU Index  | 4500 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 09/15/2025 | 778 | 0 | 0 | (25) | (25) | 0 | 0 | (25) | (25) |
|  |  | CSIXTR Index  | CSIXTR Index  | 11113 | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 08/17/2026 | 81252 | 0 | 0 | (3103) | (3103) | 0 | 0 | (3103) | (3103) |
|  |  | PIMCODB Index  | PIMCODB Index  | 1238131 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 08/17/2026 | 245725 | 0 | 0 | (7768) | (7768) | 0 | 0 | (7768) | (7768) |
| &nbsp;&nbsp; MEI | &nbsp;&nbsp; MEI | CSIXTR Index  | CSIXTR Index  | 151402 | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 09/15/2026 | 1106948 | 239 | 239 | (42495) | (42495) | 0 | 0 | (42256) | (42256) |
| &nbsp;&nbsp; RBC | &nbsp;&nbsp; RBC | CSIXTR Index  | CSIXTR Index  | 58058 | &nbsp;&nbsp; 4.395% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.395% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.395% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.395% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 11/16/2026 | 424483 | 0 | 0 | (16206) | (16206) | 0 | 0 | (16206) | (16206) |
| &nbsp;&nbsp; SOG | &nbsp;&nbsp; SOG | CSIXTR Index  | CSIXTR Index  | 66067 | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.415% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 02/17/2026 | 483038 | 0 | 0 | (18446) | (18446) | 0 | 0 | (18446) | (18446) |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; UAG | &nbsp;&nbsp; UAG | Receive | CSIXTR Index  | 83502 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 02/17/2026 | 610508 |  | 0 |  | (23303) | (23303) | 0 |  | (23303) |
|  |  |  |  |  |  |  |  |  |  | $ | 239 | $ | (175809) | (175809) | 20323 | $ | (195893) |
| **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<br>Volatility | Reference Entity | Reference Entity | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Pay | GOLDLNPM Index<sup>(6)</sup>  | GOLDLNPM Index<sup>(6)</sup>  | Maturity | Maturity | 10/16/2025 | 10/16/2025 | 70058 | 70058 | 0 | 0 | $660 | 660 | $660 | 660 | $0 |
|  |  | Pay | GOLDLNPM Index<sup>(6)</sup>  | GOLDLNPM Index<sup>(6)</sup>  | Maturity | Maturity | 10/22/2025 | 10/22/2025 | 13557 | 13557 | 0 | 0 | 142 | 142 | 142 | 142 | 0 |
|  |  | Pay | GOLDLNPM Index<sup>(6)</sup>  | GOLDLNPM Index<sup>(6)</sup>  | Maturity | Maturity | 04/10/2026 | 04/10/2026 | 162405 | 162405 | 0 | 0 | 5491 | 5491 | 5491 | 5491 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | $6293 | 6293 | $6293 | 6293 | $0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **247** | **$** | **(169515)** | **(169515)** | **27286** | **$** | **(196554)** |
| **(k)** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $156,087 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| <sup>(6)</sup> | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | $316087 | 316087 | $0 | 0 | 0 | $ | 316087 | 316087 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 76158 | 76158 | 0 | 0 | 0 |  | 76158 | 76158 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 | 49464 | 49464 | 0 | 0 | 0 |  | 49464 | 49464 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 540373 | 540373 | 0 | 0 | 0 |  | 540373 | 540373 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 132985 | 132985 | 0 | 0 | 0 |  | 132985 | 132985 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 73669 | 73669 | 0 | 0 | 0 |  | 73669 | 73669 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |
| Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | 0 | 0 | 0 | 7528 | 7528 | 0 | 0 | 0 |  | 7528 | 7528 |  |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 0 | 208449 | 208449 | 0 | 0 | 0 |  | 208449 | 208449 |  |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 0 | 20861 | 20861 | 0 | 0 | 0 |  | 20861 | 20861 |  |
| Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | 0 | 0 | 0 | 23252 | 23252 | 0 | 0 | 0 |  | 23252 | 23252 |  |
| Credit Card Other | Credit Card Other | Credit Card Other | Credit Card Other | Credit Card Other | Credit Card Other | 0 | 0 | 0 | 11107 | 11107 | 0 | 0 | 0 |  | 11107 | 11107 |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 0 | 20713 | 20713 | 0 | 0 | 0 |  | 20713 | 20713 |  |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 0 | 2614 | 2614 | 0 | 0 | 0 |  | 2614 | 2614 |  |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 295256 | 295256 | 1402 | 1402 | 1402 |  | 296658 | 296658 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 121197 | 121197 | 0 | 0 | 0 |  | 121197 | 121197 |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Financials | Financials | Financials | Financials | Financials | Financials | 396 | 396 | 396 | 0 | 0 | 0 | 0 | 0 |  | 396 | 396 |  |
| Commodities | Commodities | Commodities | Commodities | Commodities | Commodities | 0 | 0 | 0 | 612111 | 612111 | 0 | 0 | 0 |  | 612111 | 612111 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | 3759 | 3759 | 3759 | 328886 | 328886 | 0 | 0 | 0 |  | 332645 | 332645 |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 4422 | 4422 | 0 | 0 | 0 |  | 4422 | 4422 |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 | 2573514 | 2573514 | 0 | 0 | 0 |  | 2573514 | 2573514 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 218357 | 218357 | 0 | 0 | 0 |  | 218357 | 218357 |  |
|  |  |  |  |  |  | $4155 | 4155 | 4155 | $5637003 | 5637003 | $1402 | 1402 | 1402 | $ | 5642560 | 5642560 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $201358 | 201358 | 201358 | $0 | 0 | $0 | 0 | 0 | $ | 201358 | 201358 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $205513 | 205513 | 205513 | $5637003 | 5637003 | $1402 | 1402 | 1402 | $ | 5843918 | 5843918 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $(129848) | (129848) | $0 | 0 | 0 | $ | (129848) | (129848) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 10276 | 10276 | 10276 | 96 | 96 | 0 | 0 | 0 |  | 10372 | 10372 |  |

---

------

<br> Consolidated Schedule of Investments PIMCO CommoditiesPLUS<sup>®</sup> Strategy Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Over the counter | 0 | 36002 | 1253 | 37255 |
|  | $10276 | $36098 | $1253 | $47627 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (13594) | (771) | 0 | (14365) |
| Over the counter | 0 | (216863) | 0 | (216863) |
|  | $(13594) | $(217634) | $0 | $(231228) |
| Total Financial Derivative Instruments | $(3318) | $(181536) | $1253 | $(183601) |
| Totals | $202195 | $5325619 | $2655 | $5530469 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup> June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 129.1% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **BANKING & FINANCE 0.2%**  |  |  |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | $532 | $506 |
| **Credicorp Capital Sociedad Titulizadora SA** <br>9.700% due 03/05/2045 « | 2200 | 649 |
| **Jyske Realkredit AS**  |  |  |
| 0.500% due 10/01/2043  | 5 | 1 |
| 1.500% due 10/01/2053  | 4282 | 532 |
| 2.000% due 10/01/2053  | 10251 | 1351 |
| 2.500% due 10/01/2047  | 10 | 2 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 1.000% due 10/01/2053  | 78 | 10 |
| 1.500% due 10/01/2053  | 17267 | 2140 |
| 2.000% due 10/01/2053  | 5093 | 672 |
| 2.500% due 10/01/2047  | 2 | 0 |
| **Nykredit Realkredit AS**  |  |  |
| 1.000% due 10/01/2053  | 19 | 2 |
| 1.500% due 10/01/2053  | 1494 | 165 |
| 2.000% due 10/01/2053  | 19 | 3 |
| 2.500% due 10/01/2047  | 8 | 1 |
| **Realkredit Danmark AS**  |  |  |
| 2.000% due 10/01/2053  | 4286 | 522 |
| 2.500% due 04/01/2047  | 8 | 1 |
| **UBS Group AG**  |  |  |
| 0.650% due 01/14/2028 •  | 400 | 458 |
| 6.373% due 07/15/2026 •  | $250 | 250 |
| 7.750% due 03/01/2029 •  | 400 | 531 |
|  |  | 7796 |
| **INDUSTRIALS 0.1%**  |  |  |
| **VMware LLC** <br>3.900% due 08/21/2027 | $900 | 893 |
| Total Corporate Bonds & Notes (Cost $9,584) |  | 8689 |
| **U.S. GOVERNMENT AGENCIES 17.9%**  |  |  |
| **Fannie Mae**  |  |  |
| 4.865% due 02/25/2037 •  | 212 | 210 |
| 4.881% due 03/25/2036 •  | 28 | 28 |
| 5.305% due 10/25/2054 - 02/25/2055 (a) | 14887 | 14940 |
| 5.335% due 06/25/2055 •  | 2582 | 2594 |
| **Freddie Mac**  |  |  |
| 5.245% due 11/25/2054 •  | 4719 | 4709 |
| 5.404% due 07/25/2055 •  | 10600 | 10603 |
| 6.727% due 06/01/2033 •  | 25 | 25 |
| 6.919% due 01/01/2034 •  | 29 | 29 |
| **Ginnie Mae**  |  |  |
| 3.500% due 05/20/2052 - 06/20/2055 | 142086 | 129499 |
| 5.461% due 08/20/2068 •  | 4406 | 4427 |
| **Ginnie Mae, TBA**<br>3.500% due 07/01/2055 | 26300 | 23914 |
| **Uniform Mortgage-Backed Security**<br>4.500% due 09/01/2052 - 11/01/2052 | 877 | 841 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 07/01/2055 - 08/01/2055 | 140789 | 130903 |
| 4.500% due 07/01/2055 - 08/01/2055 | 119200 | 113987 |
| 5.500% due 08/01/2055 | 21700 | 21681 |
| 6.000% due 08/01/2055 | 128300 | 130263 |
| 6.500% due 08/01/2055 | 38300 | 39491 |
| Total U.S. Government Agencies (Cost $619,416) |  | 628144 |
| **U.S. TREASURY OBLIGATIONS 74.8%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (d)** |  |  |
| 0.125% due 07/15/2026 (j) | 181493 | 179941 |
| 0.125% due 10/15/2026  | 168499 | 166581 |
| 0.125% due 04/15/2027 (j)(l) | 6135 | 6007 |
| 0.125% due 01/15/2030 (j) | 23937 | 22597 |
| 0.125% due 07/15/2030  | 84009 | 78942 |
| 0.125% due 01/15/2031  | 79230 | 73436 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.125% due 07/15/2031  | 56225 | 51760 |
| 0.250% due 07/15/2029  | 70872 | 68077 |
| 0.250% due 02/15/2050 (l) | 624 | 363 |
| 0.375% due 07/15/2025 (j) | 45042 | 45021 |
| 0.375% due 01/15/2027  | 270356 | 266689 |
| 0.375% due 07/15/2027  | 65564 | 64686 |
| 0.500% due 01/15/2028  | 53316 | 52333 |
| 0.625% due 02/15/2043 (l) | 586 | 436 |
| 0.750% due 07/15/2028  | 170823 | 168774 |
| 0.750% due 02/15/2042 (l) | 7524 | 5847 |
| 0.750% due 02/15/2045 (l) | 1362 | 995 |
| 0.875% due 01/15/2029 (j) | 217099 | 213778 |
| 0.875% due 02/15/2047 (l) | 664 | 482 |
| 1.000% due 02/15/2046 (l) | 4738 | 3593 |
| 1.125% due 01/15/2033  | 19168 | 18324 |
| 1.250% due 04/15/2028  | 183828 | 183518 |
| 1.375% due 07/15/2033  | 34430 | 33453 |
| 1.375% due 02/15/2044 (l) | 7817 | 6569 |
| 1.625% due 10/15/2027  | 117269 | 118749 |
| 1.625% due 10/15/2029  | 207654 | 210268 |
| 1.750% due 01/15/2028 (j) | 61136 | 61926 |
| 1.875% due 07/15/2034  | 72477 | 72574 |
| 2.125% due 04/15/2029  | 251480 | 258306 |
| 2.125% due 01/15/2035  | 38318 | 38967 |
| 2.125% due 02/15/2040 (l) | 5491 | 5424 |
| 2.375% due 10/15/2028  | 73935 | 76708 |
| 2.500% due 01/15/2029 (j)(l) | 55293 | 57544 |
| 3.875% due 04/15/2029 (j)(l) | 15904 | 17367 |
| Total U.S. Treasury Obligations (Cost $2,617,882) |  | 2630035 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 1.1%**  |  |  |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 4.751% due 10/25/2035 ~  | 43 | 40 |
| 5.460% due 09/25/2035 ~  | 188 | 165 |
| **Alliance Bancorp Trust** <br>4.914% due 07/25/2037 •  | 1294 | 1155 |
| **American Home Mortgage Assets Trust**  |  |  |
| 4.624% due 05/25/2046 •  | 70 | 61 |
| 5.319% due 11/25/2046 •  | 4592 | 1115 |
| **Banc of America Funding Trust**  |  |  |
| 4.521% due 01/20/2047 ~  | 2673 | 2306 |
| 4.846% due 05/20/2036 ~  | 78 | 68 |
| 5.012% due 05/20/2035 •  | 52 | 48 |
| 5.078% due 01/20/2047 ~  | 57 | 49 |
| 5.490% due 05/25/2035 ~  | 7 | 7 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.545% due 11/25/2035 ~  | 96 | 85 |
| 6.107% due 07/25/2035 ~  | 96 | 92 |
| **BCAP LLC Trust**  |  |  |
| 4.623% due 04/26/2036 ~  | 474 | 422 |
| 4.774% due 01/25/2037 •  | 479 | 442 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.235% due 07/25/2036 ~  | 227 | 193 |
| 4.521% due 02/25/2036 ~  | 81 | 75 |
| 6.464% due 10/25/2035 ~  | 137 | 137 |
| 6.642% due 05/25/2033 ~  | 8 | 8 |
| 7.250% due 07/25/2034 ~  | 18 | 18 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.328% due 09/25/2047 ~  | 2531 | 1230 |
| 4.754% due 02/25/2034 •  | 166 | 157 |
| 4.905% due 09/25/2035 ~  | 136 | 78 |
| 6.454% due 09/25/2034 ~  | 61 | 61 |
| **BSST Mortgage Trust** <br>5.612% due 02/15/2037 •  | 1400 | 1264 |
| **Chase Mortgage Finance Trust**  |  |  |
| 4.669% due 03/25/2037 ~  | 369 | 341 |
| 4.745% due 12/25/2035 ~  | 36 | 33 |
| 4.897% due 09/25/2036 ~  | 260 | 217 |
| **CIM Trust**  |  |  |
| 1.951% due 06/25/2057 ~  | 2030 | 1879 |
| 5.420% due 02/25/2049 •  | 65 | 63 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 6.300% due 03/25/2036 •  | 13 | 13 |
| 6.490% due 05/25/2035 •  | 21 | 21 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.251% due 12/25/2035 ~  | 172 | 106 |
| 5.830% due 09/25/2035 •  | 6 | 6 |
| **CitiMortgage Alternative Loan Trust** <br>6.000% due 06/25/2037 | 121 | 106 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.612% due 02/20/2047 •  | 2115 | 1699 |
| 4.627% due 12/20/2046 •  | 163 | 142 |
| 4.794% due 05/25/2047 •  | 705 | 649 |
| 4.854% due 07/25/2046 •  | 61 | 55 |
| 4.918% due 11/25/2035 ~  | 118 | 110 |

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------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 07/25/2035  | 599 | 329 |
| 5.399% due 12/25/2035 •  | 157 | 135 |
| 5.500% due 07/25/2035  | 86 | 62 |
| 5.750% due 03/25/2037 •  | 175 | 91 |
| 6.000% due 03/25/2037  | 179 | 61 |
| 6.500% due 08/25/2032  | 16 | 17 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.478% due 10/20/2035 ~  | 5 | 5 |
| 4.860% due 09/25/2047 ~  | 194 | 175 |
| 5.074% due 03/25/2035 •  | 21 | 21 |
| 5.500% due 11/25/2035  | 51 | 26 |
| 5.500% due 04/25/2038  | 61 | 62 |
| 6.000% due 04/25/2036  | 264 | 128 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 4.591% due 09/29/2036 •  | 241 | 238 |
| 5.154% due 10/26/2036 ~  | 244 | 222 |
| 6.421% due 10/25/2037 ~  | 1249 | 726 |
| **Deutsche Alt-A Securities, Inc. Mortgage Loan Trust** <br>5.500% due 12/25/2035 | 173 | 145 |
| **Deutsche Alt-B Securities Mortgage Loan Trust** <br>4.534% due 10/25/2036 •  | 42 | 35 |
| **First Horizon Alternative Mortgage Securities Trust** <br>6.000% due 02/25/2037 | 1563 | 571 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.723% due 11/25/2035 ~  | 331 | 281 |
| 4.985% due 11/25/2035 ~  | 64 | 62 |
| 5.540% due 11/25/2035 ~  | 155 | 75 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.812% due 09/19/2037 •  | 41 | 35 |
| 4.872% due 05/19/2035 •  | 238 | 229 |
| 4.932% due 01/19/2036 •  | 902 | 586 |
| 5.514% due 08/19/2036 ~  | 18 | 17 |
| **IndyMac IMSC Mortgage Loan Trust** <br>4.794% due 07/25/2047 •  | 1034 | 679 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 4.089% due 09/25/2035 ~  | 129 | 106 |
| 4.576% due 06/25/2035 ~  | 47 | 45 |
| 4.814% due 09/25/2046 •  | 1865 | 1681 |
| 4.834% due 11/25/2046 •  | 203 | 192 |
| 4.994% due 07/25/2035 •  | 153 | 111 |
| 5.297% due 10/25/2034 ~  | 178 | 170 |
| **JP Morgan Alternative Loan Trust** <br>4.894% due 12/25/2036 •  | 2010 | 1857 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.809% due 12/15/2031 •  | 276 | 274 |
| **JP Morgan Mortgage Trust**  |  |  |
| 4.154% due 07/27/2037 ~  | 128 | 120 |
| 4.881% due 08/25/2036 ~  | 58 | 46 |
| 5.078% due 11/25/2035 ~  | 78 | 61 |
| 5.794% due 06/25/2036 ~  | 310 | 215 |
| 5.823% due 07/25/2035 ~  | 31 | 30 |
| 6.173% due 06/25/2035 ~  | 10 | 10 |
| **Luminent Mortgage Trust** <br>4.834% due 10/25/2046 •  | 303 | 277 |
| **MASTR Adjustable Rate Mortgages Trust** <br>4.914% due 05/25/2037 •  | 229 | 90 |
| **Merrill Lynch Alternative Note Asset Trust**  |  |  |
| 4.563% due 06/25/2037 ~  | 202 | 92 |
| 5.034% due 03/25/2037 •  | 600 | 140 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.284% due 05/25/2034 ~  | 73 | 65 |
| 4.744% due 06/25/2035 ~  | 85 | 82 |
| 5.232% due 09/25/2035 ~  | 58 | 46 |
| 6.078% due 05/25/2036 ~  | 5 | 5 |
| **Merrill Lynch Mortgage-Backed Securities Trust** <br>4.365% due 04/25/2037 ~ | 566 | 497 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 404 | 388 |
| 4.500% due 05/25/2058 ~  | 52 | 51 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.108% due 08/25/2035 ~  | 389 | 136 |
| 4.734% due 08/25/2035 •  | 390 | 274 |
| 4.814% due 12/25/2036 •  | 561 | 503 |
| 5.849% due 02/25/2036 ~  | 201 | 171 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 05/25/2035 •  | 688 | 418 |
| 6.500% due 09/25/2036  | 648 | 197 |
| 6.500% due 06/25/2037  | 11753 | 2297 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 5.871% due 09/25/2035 ~  | 795 | 509 |
| 6.000% due 06/25/2037  | 409 | 325 |
| 6.500% due 03/25/2032  | 112 | 113 |
| **Sequoia Mortgage Trust**  |  |  |
| 4.731% due 01/20/2047 ~  | 209 | 148 |
| 5.132% due 10/19/2026 •  | 5 | 5 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Structured** **Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.754% due 10/25/2035 •  | 344 | 328 |
| 4.905% due 02/25/2036 ~  | 186 | 97 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.814% due 06/25/2036 •  | 57 | 56 |
| 4.854% due 04/25/2036 •  | 5 | 4 |
| 4.874% due 05/25/2046 •  | 2443 | 858 |
| 4.932% due 07/19/2035 •  | 254 | 249 |
| **Towd Point Mortgage Trust** <br>5.434% due 05/25/2058 •  | 2527 | 2588 |
| **Wachovia Mortgage Loan Trust LLC** <br>4.205% due 08/20/2035 ~ | 63 | 59 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.068% due 12/25/2046 •  | 392 | 343 |
| 4.093% due 02/25/2037 ~  | 73 | 63 |
| 4.579% due 08/25/2036 ~  | 50 | 45 |
| 4.823% due 09/25/2036 ~  | 507 | 444 |
| 5.139% due 01/25/2047 •  | 840 | 763 |
| 5.379% due 06/25/2046 •  | 66 | 61 |
| 5.399% due 08/25/2046 •  | 156 | 143 |
| 5.599% due 11/25/2042 •  | 39 | 37 |
| 5.899% due 11/25/2046 •  | 435 | 386 |
| 6.633% due 09/25/2033 ~  | 16 | 15 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust** <br>6.500% due 08/25/2035 | 98 | 84 |
| **Wells Fargo Mortgage-Backed Securities Trust**  |  |  |
| 6.140% due 04/25/2036 ~  | 154 | 153 |
| 7.414% due 10/25/2036 ~  | 3 | 3 |
| Total Non-Agency Mortgage-Backed Securities (Cost $48,961) |  | 38255 |
| **ASSET-BACKED SECURITIES 9.7%**  |  |  |
| **CMBS OTHER 0.7%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | 11608 | 11631 |
| **LoanCore Issuer Ltd.** <br>5.853% due 01/17/2037 •  | 6139 | 6154 |
| **MF1 Ltd.** <br>6.128% due 12/15/2035 •  | 573 | 574 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.964% due 02/15/2039 •  | 5568 | 5580 |
|  |  | 23939 |
| **HOME EQUITY OTHER 2.6%**  |  |  |
| **ABFC Trust** <br>4.714% due 10/25/2036 •  | 2894 | 2668 |
| **ACE Securities Corp. Home Equity Loan Trust** <br>4.554% due 10/25/2036 •  | 17 | 7 |
| **Argent Securities Trust**  |  |  |
| 4.734% due 07/25/2036 •  | 3806 | 3420 |
| 4.754% due 05/25/2036 •  | 2317 | 558 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.384% due 10/25/2037 •  | 1263 | 1234 |
| **CIT Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 3147 | 3180 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.594% due 01/25/2037 •  | 36 | 27 |
| 4.894% due 12/25/2036 •  | 889 | 600 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.614% due 03/25/2037 •  | 8334 | 7209 |
| 4.784% due 03/25/2037 •  | 5201 | 4498 |
| **Countrywide Asset-Backed Certificates** <br>4.934% due 03/25/2037 •  | 2052 | 2025 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.574% due 07/25/2037 •  | 2393 | 2232 |
| 4.834% due 09/25/2037 •  | 1227 | 1125 |
| 6.159% due 11/25/2034 •  | 7502 | 6720 |
| **Fremont Home Loan Trust** <br>4.704% due 10/25/2036 •  | 411 | 374 |
| **GSAA Home Equity Trust** <br>5.034% due 03/25/2037 •  | 485 | 192 |
| **GSAMP Trust**  |  |  |
| 4.804% due 03/25/2047 •  | 2367 | 1810 |
| 4.954% due 02/25/2046 •  | 1394 | 1302 |
| 5.409% due 03/25/2035 •  | 988 | 944 |
| **Home Equity Asset Trust** <br>5.109% due 02/25/2036 •  | 1597 | 1567 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.654% due 04/25/2037 •  | 1455 | 1122 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 4.734% due 07/25/2036 •  | 6795 | 2952 |
| 4.974% due 02/25/2036 •  | 643 | 635 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **JP** **Morgan Mortgage Acquisition Trust**  |  |  |
| 4.644% due 10/25/2036 •  | 32 | 32 |
| 4.714% due 06/25/2037 •  | 4500 | 3925 |
| 4.734% due 07/25/2036 •  | 11813 | 5494 |
| **MASTR Asset-Backed Securities Trust** <br>4.734% due 10/25/2036 •  | 1429 | 467 |
| **MASTR Specialized Loan Trust** <br>5.174% due 01/25/2037 •  | 17346 | 6694 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>4.494% due 05/25/2037 •  | 318 | 287 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.410% due 11/25/2036 | 1455 | 318 |
| **New Century Home Equity Loan Trust** <br>5.199% due 02/25/2035 •  | 1083 | 1048 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.774% due 11/25/2036 •  | 7664 | 2348 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates** <br>6.459% due 12/25/2034 •  | 3100 | 2999 |
| **Popular ABS Mortgage Pass-Through Trust**  |  |  |
| 4.744% due 06/25/2047 •  | 1781 | 1661 |
| 5.304% due 02/25/2036 •  | 3806 | 3617 |
| **Renaissance Home Equity Loan Trust** <br>5.534% due 09/25/2037 •  | 13168 | 5339 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.734% due 09/25/2036 •  | 8703 | 8007 |
| 4.914% due 08/25/2036 •  | 561 | 496 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.694% due 12/25/2036 •  | 1456 | 1357 |
| **Soundview Home Loan Trust** <br>4.554% due 11/25/2036 •  | 415 | 113 |
| **Structured Asset Investment Loan Trust** <br>5.154% due 04/25/2033 •  | 525 | 559 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust** <br>6.834% due 12/25/2034 •  | 1015 | 1015 |
|  |  | 92177 |
| **HOME EQUITY SEQUENTIAL 0.0%**  |  |  |
| **Morgan Stanley Mortgage Loan Trust** <br>5.154% due 04/25/2037 •  | 561 | 146 |
| **MANUFACTURING HOUSE ABS OTHER 0.1%**  |  |  |
| **Lehman ABS Manufactured Housing Contract Trust** <br>7.170% due 04/15/2040 ~ | 2025 | 1921 |
| **WHOLE LOAN COLLATERAL 0.9%**  |  |  |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 5.134% due 11/25/2046 •  | 11000 | 8976 |
| 5.139% due 03/25/2037 •  | 3200 | 3087 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.929% due 10/25/2036 •  | 7400 | 7268 |
| **IndyMac INDB Mortgage Loan Trust** <br>4.574% due 07/25/2036 •  | 3758 | 1181 |
| **Lehman XS Trust**  |  |  |
| 4.702% due 06/25/2036 þ  | 2170 | 2127 |
| 4.754% due 05/25/2036 •  | 964 | 834 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.874% due 10/25/2036 •  | 17773 | 5904 |
| 4.934% due 05/25/2036 •  | 3613 | 1863 |
|  |  | 31240 |
| **OTHER ABS 5.4%**  |  |  |
| **522 Funding CLO Ltd.** <br>5.571% due 10/20/2031 •  | 1294 | 1296 |
| **AGL CLO Ltd.** <br>5.399% due 12/02/2034 •  | 2800 | 2801 |
| **Anchorage Capital CLO Ltd.** <br>5.712% due 04/22/2034 •  | 2900 | 2907 |
| **Apidos CLO** <br>5.520% due 04/17/2034 •  | 3500 | 3499 |
| **Ares European CLO DAC**  |  |  |
| 3.059% due 10/15/2031 •  | 1039 | 1222 |
| 3.086% due 04/20/2032 •  | 4793 | 5648 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.608% due 01/15/2031 •  | $40 | 40 |
| 5.614% due 04/22/2031 •  | 987 | 988 |
| **Avoca CLO DAC** <br>3.075% due 01/12/2031 •  | 587 | 691 |
| **Bain Capital Euro CLO DAC** <br>2.976% due 01/20/2032 •  | 3705 | 4355 |
| **BlueMountain Fuji EUR CLO DAC** <br>2.999% due 01/15/2031 •  | 5496 | 6478 |
| **Cairn CLO DAC** <br>3.059% due 10/15/2031 •  | 2258 | 2656 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Carbone** **CLO Ltd.** <br>5.671% due 01/20/2031 •  | $1068 | 1069 |
| **Carlyle Euro CLO DAC**  |  |  |
| 0.000% due 08/15/2038 «•(a)  | 7000 | 8246 |
| 2.979% due 01/15/2031 •  | 5319 | 6267 |
| **Carlyle Global Market Strategies Euro CLO Ltd.** <br>2.893% due 11/15/2031 •  | 3073 | 3622 |
| **CBAM Ltd.** <br>5.651% due 04/20/2032 •  | $952 | 954 |
| **Cedar Funding CLO Ltd.** <br>5.641% due 07/17/2031 •  | 1361 | 1363 |
| **CVC Cordatus Loan Fund DAC**  |  |  |
| 2.605% due 09/15/2031 •  | 2083 | 2453 |
| 2.929% due 10/15/2031 •  | 5554 | 6547 |
| **Dryden CLO Ltd.** <br>5.530% due 01/17/2033 •  | $1784 | 1787 |
| **Dryden Euro CLO DAC** <br>2.893% due 05/15/2032 •  | 1559 | 1834 |
| **Dryden Senior Loan Fund** <br>5.418% due 04/15/2029 •  | $1237 | 1238 |
| **Euro-Galaxy CLO DAC** <br>2.811% due 04/24/2034 •  | 5929 | 6969 |
| **Flatiron CLO Ltd.** <br>5.505% due 11/16/2034 •  | $2747 | 2752 |
| **Harvest CLO DAC**  |  |  |
| 2.916% due 10/20/2031 •  | 3439 | 4050 |
| 2.919% due 10/15/2031 •  | 4621 | 5442 |
| 2.997% due 11/18/2030 •  | 1749 | 2060 |
| **Jubilee CLO DAC** <br>2.929% due 04/15/2031 •  | 778 | 912 |
| **KKR CLO Ltd.**  |  |  |
| 5.468% due 07/15/2030 •  | $273 | 273 |
| 5.471% due 07/18/2030 •  | 519 | 520 |
| **LCM Ltd.**  |  |  |
| 5.588% due 04/15/2031 •  | 1050 | 1051 |
| 5.601% due 01/20/2031 •  | 257 | 257 |
| 5.648% due 10/15/2031 •  | 1019 | 1020 |
| **Madison Park Euro Funding DAC** <br>3.029% due 01/15/2032 •  | 4456 | 5233 |
| **Madison Park Funding Ltd.**  |  |  |
| 5.256% due 10/15/2034 •  | $1100 | 1101 |
| 5.319% due 10/19/2034 •  | 1600 | 1598 |
| 5.514% due 07/27/2031 •  | 1179 | 1181 |
| 5.521% due 04/20/2032 •  | 1659 | 1662 |
| **Man GLG Euro CLO DAC** <br>2.665% due 12/15/2031 •  | 2304 | 2707 |
| **Mountain View CLO Ltd.** <br>5.638% due 07/15/2031 •  | $832 | 833 |
| **OAK Hill European Credit Partners DAC**  |  |  |
| 2.966% due 01/20/2032 •  | 868 | 1022 |
| 2.976% due 10/20/2031 •  | 1916 | 2254 |
| **Ocean Trails CLO** <br>5.299% due 07/20/2034 •  | $4700 | 4701 |
| **OCP Euro CLO DAC** <br>3.116% due 09/22/2034 •  | 7184 | 8461 |
| **Octagon Investment Partners Ltd.** <br>5.309% due 01/20/2035 •  | $700 | 696 |
| **OZLM Ltd.**  |  |  |
| 5.469% due 10/20/2031 •  | 230 | 230 |
| 5.691% due 07/20/2032 •  | 2193 | 2195 |
| **Palmer Square CLO Ltd.** <br>5.371% due 05/21/2034 •  | 8400 | 8386 |
| **Palmer Square European CLO DAC** <br>3.209% due 04/15/2035 •  | 1400 | 1648 |
| **Palmer Square European Loan Funding DAC**  |  |  |
| 2.999% due 10/15/2031 •  | 3084 | 3625 |
| 3.113% due 08/15/2033 •  | 1387 | 1634 |
| **Palmer Square Loan Funding Ltd.** <br>5.318% due 10/15/2029 •  | $50 | 50 |
| **Rad CLO Ltd.**  |  |  |
| 5.657% due 07/24/2032 •  | 854 | 856 |
| 5.711% due 04/23/2034 •  | 4000 | 4008 |
| **Saranac CLO Ltd.** <br>5.724% due 08/13/2031 •  | 903 | 902 |
| **Sound Point CLO Ltd.** <br>5.651% due 01/21/2031 •  | 564 | 564 |
| **St Paul's CLO DAC** <br>3.138% due 10/25/2035 •  | 700 | 822 |
| **Symphony CLO Ltd.** <br>5.511% due 04/19/2034 •  | $9500 | 9512 |
| **TCI-Symphony CLO Ltd.** <br>5.523% due 10/13/2032 •  | 3728 | 3731 |
| **Toro European CLO DAC** <br>3.185% due 01/12/2032 •  | 4663 | 5488 |
| **Trinitas CLO Ltd.** <br>5.342% due 01/25/2035 •  | $2600 | 2590 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Venture** **CLO Ltd.**  |  |  |
| 5.578% due 09/07/2030 •  | 660 | 660 |
| 5.578% due 07/15/2031 •  | 1552 | 1553 |
| 5.581% due 07/20/2030 •  | 762 | 761 |
| 5.664% due 04/20/2032 •  | 6193 | 6199 |
| **Voya CLO Ltd.**  |  |  |
| 5.491% due 04/17/2030 •  | 386 | 386 |
| 5.498% due 06/07/2030 •  | 203 | 203 |
| 5.603% due 07/14/2031 •  | 760 | 761 |
| 5.728% due 10/15/2030 •  | 1248 | 1250 |
| **Voya Euro CLO DAC** <br>3.249% due 10/15/2034 •  | 2800 | 3296 |
| **Voya Ltd.** <br>5.518% due 10/15/2030 •  | $1298 | 1298 |
| **Wellfleet CLO Ltd.** <br>0.000% due 04/20/2034 •(a) | 1200 | 1200 |
| **Wind River CLO Ltd.**  |  |  |
| 5.316% due 10/15/2034 •  | 3876 | 3865 |
| 5.581% due 07/18/2031 •  | 71 | 71 |
|  |  | 192460 |
| Total Asset-Backed Securities (Cost $357,330) |  | 341883 |
| **SOVEREIGN ISSUES 9.2%**  |  |  |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 07/01/2025 (c)  | 13300 | 2447 |
| 0.000% due 10/01/2025 (c)  | 368500 | 65422 |
| 0.000% due 04/01/2026 (c)  | 148300 | 24588 |
| **Canada Government Bond** <br>4.250% due 12/01/2026 (d) | 20838 | 16099 |
| **France Government International Bond**  |  |  |
| 0.100% due 03/01/2026 (d)  | 26327 | 30826 |
| 0.100% due 07/25/2031 (d)  | 52735 | 59322 |
| 0.100% due 07/25/2038 (d)  | 360 | 355 |
| **Italy Buoni Poliennali Del Tesoro**  |  |  |
| 0.400% due 05/15/2030 (d)  | 11016 | 12634 |
| 1.800% due 05/15/2036 (d)  | 4139 | 4873 |
| **Japan Government International Bond**  |  |  |
| 0.100% due 03/10/2028 (d)  | 3800843 | 27331 |
| 0.100% due 03/10/2029 (d)  | 10893053 | 78669 |
| **Mexican Udibonos** <br>4.000% due 08/24/2034 (d) | 8195 | 406 |
| **Mexico Government International Bond**  |  |  |
| 5.850% due 07/02/2032 (a)  | $900 | 912 |
| 6.625% due 01/29/2038 (a)  | 900 | 915 |
| Total Sovereign Issues (Cost $330,716) |  | 324799 |
|  | SHARES |  |
| **PREFERRED SECURITIES 0.1%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **Bank of America Corp.**<br>5.875% due 03/15/2028 •(e) | 3840000 | 3902 |
| Total Preferred Securities (Cost $3,840) |  | 3902 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 16.0%**  |  |  |
| **COMMERCIAL PAPER 1.8%**  |  |  |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.670% due 07/02/2025  | $14200 | 14196 |
| 4.670% due 07/08/2025  | 3250 | 3247 |
| **Bacardi-Martini BV** <br>4.950% due 07/10/2025 | 3200 | 3196 |
| **Crown Castle, Inc.** <br>5.030% due 07/22/2025 | 19660 | 19600 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.720% due 07/09/2025  | 8900 | 8890 |
| 4.760% due 07/01/2025  | 1200 | 1200 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 4.600% due 07/23/2025  | 2550 | 2542 |
| 4.600% due 07/28/2025  | 3800 | 3786 |
| 4.600% due 07/29/2025  | 3800 | 3786 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **NXP** **BV** <br>4.640% due 09/10/2025 | 3470 | 3438 |
|  |  | 63881 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (f) | 1163271 | 1163 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (g) 10.8%** |  | 380300 |
| **U.S. TREASURY BILLS 3.4%**  |  |  |
| 4.326% due 07/03/2025 - 10/21/2025 (b)(c)(l) | $119558 | 118587 |
| Total Short-Term Instruments (Cost $562,884) |  | 563931 |
| Total Investments in Securities (Cost $4,550,613) |  | 4539638 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.2%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 737113 | 7177 |
| Total Short-Term Instruments (Cost $7,175) |  | 7177 |
| Total Investments in Affiliates (Cost $7,175) |  | 7177 |
| Total Investments 129.3% (Cost $4,557,788) |  | $4546815 |
| **Financial Derivative Instruments (i)(k) (4.1)**%(Cost or Premiums, net $(15143)) |  | (144522) |
| Other Assets and Liabilities, net (25.2)% |  | (886982) |
| Net Assets 100.0% |  | $3515311 |

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<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(g)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOM | BOM | 2.720%  | 06/30/2025 | 07/09/2025 | 50000 | &nbsp;&nbsp; Province of Ontario 3.450% due 06/02/2045 | &nbsp;&nbsp; Province of Ontario 3.450% due 06/02/2045 | &nbsp;&nbsp; Province of Ontario 3.450% due 06/02/2045 | (37689) | 36717 | $36720 |
|  |  | 2.730  | 06/17/2025 | 07/03/2025 | 170000 | &nbsp;&nbsp; Province of Ontario 4.600% - 4.700% due 06/02/2037 - 06/02/2039 | &nbsp;&nbsp; Province of Ontario 4.600% - 4.700% due 06/02/2037 - 06/02/2039 | &nbsp;&nbsp; Province of Ontario 4.600% - 4.700% due 06/02/2037 - 06/02/2039 | (129422) | 124840 | 124969 |
| BOS | BOS | 4.440  | 06/30/2025 | 07/01/2025 | 42500 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | (43418) | 42500 | 42505 |
| BUS | BUS | 2.700  | 06/18/2025 | 07/03/2025 | 60000 | &nbsp;&nbsp; Province of Quebec 5.000% due 12/01/2041 | &nbsp;&nbsp; Province of Quebec 5.000% due 12/01/2041 | &nbsp;&nbsp; Province of Quebec 5.000% due 12/01/2041 | (45716) | 44061 | 44103 |
|  |  | 2.700  | 06/23/2025 | 07/07/2025 | 130000 | &nbsp;&nbsp; Province of Quebec 4.400% due 12/01/2055 | &nbsp;&nbsp; Province of Quebec 4.400% due 12/01/2055 | &nbsp;&nbsp; Province of Quebec 4.400% due 12/01/2055 | (98605) | 95465 | 95521 |
| TOR | TOR | 2.710  | 06/20/2025 | 07/07/2025 | 50000 | &nbsp;&nbsp; Province of Alberta 2.050% due 06/01/2030 | &nbsp;&nbsp; Province of Alberta 2.050% due 06/01/2030 | &nbsp;&nbsp; Province of Alberta 2.050% due 06/01/2030 | (37722) | 36717 | 36747 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | **(392572)** | **380300** | $**380565** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BPS | BPS | BPS | BPS | BPS | 0.450%  | 0.450%  | 08/01/2025 | 08/01/2025 | (69215963) | (481009) | (481009) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  | **(481009)** | **(481009)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% | U.S. Government Agencies (2.4)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | 07/01/2055 | $ | $ | (83023) | $(84198) |
| **Total Short Sales (2.4)%** | **Total Short Sales (2.4)%** | **Total Short Sales (2.4)%** | **Total Short Sales (2.4)%** | **Total Short Sales (2.4)%** | **Total Short Sales (2.4)%** | **Total Short Sales (2.4)%** |  |  | **$** | **(83023)** | $**(84198)** |
| **(h)** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $496,588 and cash of $1,582 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(590111) at a weighted average interest rate of 0.526%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

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<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** |
| **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> |
| Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Cost |  | Market<br>Value |
| Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | Call - CME California Carbon Allowances December 2025 Futures  | $40.000 | 40.000 | 12/15/2025 | 96 | $96 | 96 | 58 | $ | 27 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **$** | **58** | **58** | **27** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** |
| Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | $3500.000 | 3500.000 | 07/28/2025 | 7 | $1 | 1 | (30) | $ | (5) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3600.000 | 3600.000 | 07/28/2025 | 13 | 1 | 1 | (31) |  | (3) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3550.000 | 3550.000 | 08/26/2025 | 4 | 0 | 0 | (12) |  | (8) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3600.000 | 3600.000 | 08/26/2025 | 3 | 0 | 0 | (6) |  | (4) |
| Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | Call - CME Gold August 2025 Futures  | 3700.000 | 3700.000 | 08/26/2025 | 13 | 1 | 1 | (13) |  | (9) |
| Put - NYMEX Crude Oil August 2025 Futures  | Put - NYMEX Crude Oil August 2025 Futures  | Put - NYMEX Crude Oil August 2025 Futures  | 66.000 | 66.000 | 07/17/2025 | 12 | 12 | 12 | (22) |  | (28) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 67.000 | 67.000 | 07/17/2025 | 10 | 10 | 10 | (13) |  | (11) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 68.000 | 68.000 | 07/17/2025 | 10 | 10 | 10 | (13) |  | (8) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 70.000 | 70.000 | 07/17/2025 | 10 | 10 | 10 | (8) |  | (5) |
| Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | Call - NYMEX Crude Oil August 2025 Futures  | 72.000 | 72.000 | 07/17/2025 | 10 | 10 | 10 | (6) |  | (3) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 70.000 | 70.000 | 08/15/2025 | 10 | 10 | 10 | (10) |  | (11) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 72.000 | 72.000 | 08/15/2025 | 10 | 10 | 10 | (8) |  | (8) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 74.000 | 74.000 | 08/15/2025 | 10 | 10 | 10 | (7) |  | (6) |
| Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | Call - NYMEX Crude Oil September 2025 Futures  | 80.000 | 80.000 | 08/15/2025 | 10 | 10 | 10 | (18) |  | (3) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.250 | 3.250 | 07/28/2025 | 30 | 300 | 300 | (15) |  | (38) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.300 | 3.300 | 07/28/2025 | 3 | 30 | 30 | (4) |  | (4) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.400 | 3.400 | 07/28/2025 | 7 | 70 | 70 | (11) |  | (14) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.500 | 3.500 | 07/28/2025 | 2 | 20 | 20 | (2) |  | (5) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.000 | 3.000 | 08/26/2025 | 10 | 100 | 100 | (7) |  | (11) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.200 | 3.200 | 08/26/2025 | 10 | 100 | 100 | (11) |  | (18) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.400 | 3.400 | 08/26/2025 | 10 | 100 | 100 | (17) |  | (27) |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | 3.500 | 3.500 | 08/26/2025 | 20 | 200 | 200 | (31) |  | (64) |
|  |  |  |  |  |  |  |  | $ | (295) | (295) | (293) |
| **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> |
| Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | $70.000 | 70.000 | 08/26/2025 | 2 | $2 | 2 | (4) | $ | (3) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 75.000 | 75.000 | 08/26/2025 | 11 | 11 | 11 | (14) |  | (9) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 77.000 | 77.000 | 08/26/2025 | 12 | 12 | 12 | (23) |  | (7) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 78.000 | 78.000 | 08/26/2025 | 10 | 10 | 10 | (8) |  | (5) |
| Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | Call - ICE Crude Oil October 2025 Futures  | 79.000 | 79.000 | 08/26/2025 | 12 | 12 | 12 | (20) |  | (6) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 70.000 | 70.000 | 07/28/2025 | 10 | 10 | 10 | (12) |  | (10) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 70.500 | 70.500 | 07/28/2025 | 10 | 10 | 10 | (9) |  | (9) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 71.000 | 71.000 | 07/28/2025 | 10 | 10 | 10 | (12) |  | (8) |
| Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | Call - ICE Crude Oil September 2025 Futures  | 72.000 | 72.000 | 07/28/2025 | 10 | 10 | 10 | (9) |  | (7) |
|  |  |  |  |  |  |  |  | $ | (111) | (111) | (64) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(406)** | **(406)** | **(357)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| 3-Month EURIBOR September Futures  | 09/2026 | 2584 | 2584 | $746993 | 746993 | $1673 | 1673 | 1673 | $114 | 114 | $(342) |
| Aluminum January Futures  | 01/2026 | 51 | 51 | 3326 | 3326 | 18 | 18 | 18 | 18 | 18 | 0 |
| Aluminum September Futures  | 09/2025 | 6 | 6 | 390 | 390 | 3 | 3 | 3 | 3 | 3 | 0 |
| Arabica Coffee December Futures  | 12/2025 | 86 | 86 | 9501 | 9501 | (1880) | (1880) | (1880) | 0 | 0 | (90) |
| Australia Government 10-Year Bond September Futures  | 09/2025 | 997 | 997 | 75210 | 75210 | 610 | 610 | 610 | 0 | 0 | (348) |
| Brent Crude December Futures  | 10/2025 | 296 | 296 | 19213 | 19213 | 192 | 192 | 192 | 0 | 0 | (21) |
| Brent Crude December Futures  | 10/2026 | 136 | 136 | 8829 | 8829 | 176 | 176 | 176 | 0 | 0 | (23) |
| Brent Crude February Futures  | 12/2025 | 100 | 100 | 6472 | 6472 | 121 | 121 | 121 | 0 | 0 | (8) |
| Brent Crude January Futures  | 11/2025 | 155 | 155 | 10039 | 10039 | (178) | (178) | (178) | 0 | 0 | (12) |
| Brent Crude June Futures  | 04/2026 | 18 | 18 | 1165 | 1165 | 45 | 45 | 45 | 0 | 0 | (2) |
| Brent Crude March Futures  | 01/2026 | 65 | 65 | 4206 | 4206 | (166) | (166) | (166) | 0 | 0 | (6) |
| Brent Crude October Futures  | 08/2025 | 38 | 38 | 2503 | 2503 | 88 | 88 | 88 | 0 | 0 | (2) |
| California Carbon Allowance December Futures  | 12/2025 | 588 | 588 | 16693 | 16693 | (3219) | (3219) | (3219) | 182 | 182 | 0 |
| California Carbon Allowance Vintage December Futures  | 12/2026 | 3175 | 3175 | 95726 | 95726 | (4583) | (4583) | (4583) | 889 | 889 | 0 |
| Cocoa December Futures  | 12/2025 | 25 | 25 | 2075 | 2075 | (32) | (32) | (32) | 8 | 8 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Cocoa September Futures  | 09/2025 | 11 | 990 | (23) | 9 | 0 |
| Cocoa September Futures  | 09/2025 | 14 | 1141 | (68) | 0 | (23) |
| Copper August Futures  | 08/2025 | 75 | 18574 | 200 | 201 | (1) |
| Copper July Futures  | 07/2025 | 37 | 9199 | 386 | 386 | 0 |
| Cotton No. 2 December Futures  | 12/2025 | 13 | 443 | 2 | 0 | (8) |
| Euro-Bobl September Futures  | 09/2025 | 454 | 62934 | (286) | 43 | (134) |
| Euro-BTP September Futures  | 09/2025 | 811 | 115593 | 372 | 182 | (220) |
| Euro-Buxl 30-Year Bond September Futures  | 09/2025 | 297 | 41541 | (788) | 0 | (126) |
| European Climate Exchange December Futures  | 12/2025 | 83 | 6743 | (446) | 55 | (195) |
| Gas Oil December Futures  | 12/2025 | 394 | 24812 | 355 | 0 | (20) |
| Gas Oil September Futures  | 09/2025 | 22 | 1437 | (156) | 2 | 0 |
| Gold 100 oz. December Futures  | 12/2025 | 66 | 22195 | (81) | 133 | 0 |
| Gold 100 oz. October Futures  | 10/2025 | 2 | 667 | (7) | 4 | 0 |
| Hard Red Winter Wheat September Futures  | 09/2025 | 410 | 10798 | (411) | 0 | (144) |
| Henry Hub Natural Gas April Futures  | 03/2027 | 2 | 17 | (2) | 0 | 0 |
| Henry Hub Natural Gas April Futures  | 03/2030 | 25 | 189 | (21) | 0 | 0 |
| Henry Hub Natural Gas April Futures  | 03/2031 | 11 | 84 | (9) | 0 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2027 | 2 | 19 | 0 | 0 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2030 | 25 | 210 | 0 | 0 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2031 | 11 | 94 | 1 | 0 | 0 |
| Henry Hub Natural Gas December Futures  | 11/2027 | 2 | 22 | 3 | 0 | 0 |
| Henry Hub Natural Gas December Futures  | 11/2030 | 25 | 259 | 49 | 0 | 0 |
| Henry Hub Natural Gas December Futures  | 11/2031 | 11 | 113 | 20 | 0 | 0 |
| Henry Hub Natural Gas February Futures  | 01/2027 | 2 | 23 | 4 | 0 | 0 |
| Henry Hub Natural Gas February Futures  | 01/2030 | 25 | 266 | 56 | 0 | 0 |
| Henry Hub Natural Gas February Futures  | 01/2031 | 10 | 102 | 18 | 0 | (1) |
| Henry Hub Natural Gas January Futures  | 12/2026 | 2 | 25 | 6 | 0 | (1) |
| Henry Hub Natural Gas January Futures  | 12/2029 | 25 | 285 | 76 | 0 | 0 |
| Henry Hub Natural Gas January Futures  | 12/2030 | 11 | 121 | 28 | 0 | 0 |
| Henry Hub Natural Gas July Futures  | 06/2027 | 2 | 19 | 0 | 0 | 0 |
| Henry Hub Natural Gas July Futures  | 06/2030 | 25 | 206 | (3) | 0 | 0 |
| Henry Hub Natural Gas July Futures  | 06/2031 | 11 | 93 | 0 | 0 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2027 | 2 | 18 | (1) | 0 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2030 | 25 | 196 | (14) | 0 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2031 | 11 | 89 | (4) | 0 | 0 |
| Henry Hub Natural Gas March Futures  | 02/2027 | 2 | 20 | 1 | 0 | 0 |
| Henry Hub Natural Gas March Futures  | 02/2030 | 25 | 223 | 13 | 0 | 0 |
| Henry Hub Natural Gas March Futures  | 02/2031 | 11 | 96 | 3 | 0 | (1) |
| Henry Hub Natural Gas May Futures  | 04/2027 | 2 | 17 | (2) | 0 | 0 |
| Henry Hub Natural Gas May Futures  | 04/2030 | 25 | 186 | (23) | 0 | 0 |
| Henry Hub Natural Gas May Futures  | 04/2031 | 11 | 85 | (8) | 0 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2027 | 2 | 20 | 1 | 0 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2030 | 25 | 230 | 20 | 0 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2031 | 11 | 101 | 8 | 0 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2027 | 2 | 19 | 0 | 0 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2030 | 25 | 215 | 5 | 0 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2031 | 11 | 96 | 3 | 0 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2027 | 2 | 19 | 0 | 0 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2030 | 25 | 209 | (1) | 0 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2031 | 11 | 94 | 1 | 0 | 0 |
| Iron Ore August Futures  | 08/2025 | 862 | 8105 | 59 | 0 | (22) |
| Iron Ore September Futures  | 09/2025 | 747 | 7003 | (115) | 0 | (14) |
| Japan Government 10-Year Bond September Futures  | 09/2025 | 17 | 16412 | 48 | 0 | (22) |
| Lean Hogs December Futures  | 12/2025 | 83 | 2781 | 63 | 0 | (64) |
| Live Cattle December Futures  | 12/2025 | 19 | 1601 | 17 | 3 | 0 |
| Live Cattle October Futures  | 10/2025 | 138 | 11602 | (16) | 19 | 0 |
| Mont Belvieu Ethane (OPIS) February Futures  | 02/2026 | 10 | 114 | (11) | 0 | (3) |
| Mont Belvieu Ethane (OPIS) January Futures  | 01/2026 | 10 | 114 | (11) | 0 | (3) |
| Mont Belvieu Ethane (OPIS) March Futures  | 03/2026 | 10 | 112 | (13) | 0 | (3) |
| Natural Gas April Futures  | 03/2026 | 1 | 28 | (4) | 0 | (1) |
| Natural Gas April Futures  | 03/2027 | 54 | 1885 | 66 | 0 | (25) |
| Natural Gas August Futures  | 07/2025 | 42 | 1452 | (69) | 0 | (48) |
| Natural Gas August Futures  | 07/2026 | 1 | 28 | (5) | 0 | (1) |
| Natural Gas December Futures  | 11/2025 | 464 | 21158 | (1139) | 0 | (1132) |
| Natural Gas December Futures  | 11/2026 | 1 | 29 | (4) | 0 | (1) |
| Natural Gas February Futures  | 01/2026 | 1 | 28 | (1) | 0 | (1) |
| Natural Gas January Futures  | 12/2025 | 1 | 31 | (1) | 0 | (1) |
| Natural Gas July Futures  | 06/2026 | 1 | 28 | (5) | 0 | (1) |
| Natural Gas June Futures  | 05/2026 | 1 | 27 | (5) | 0 | (1) |
| Natural Gas March Futures  | 02/2026 | 1 | 30 | (2) | 0 | (1) |
| Natural Gas March Futures  | 02/2027 | 3 | 118 | (2) | 0 | (2) |
| Natural Gas May Futures  | 04/2026 | 1 | 28 | (5) | 0 | (1) |
| Natural Gas May Futures  | 04/2026 | 27 | 1029 | (35) | 0 | (42) |
| Natural Gas November Futures  | 10/2025 | 122 | 4862 | (256) | 0 | (305) |
| Natural Gas November Futures  | 10/2026 | 1 | 28 | (4) | 0 | (1) |
| Natural Gas October Futures  | 09/2026 | 1 | 29 | (5) | 0 | (1) |
| Natural Gas September Futures  | 08/2026 | 1 | 28 | (5) | 0 | (1) |
| New York Harbor December Futures  | 11/2025 | 101 | 9309 | 6 | 81 | 0 |
| New York Harbor September Futures  | 08/2025 | 16 | 1513 | (3) | 6 | 0 |
| Nickel January Futures  | 01/2026 | 16 | 1484 | 3 | 13 | (10) |
| Nickel September Futures  | 09/2025 | 18 | 1641 | 9 | 22 | (13) |
| Palladium September Futures  | 09/2025 | 9 | 996 | 52 | 0 | (40) |
| Platinum October Futures  | 10/2025 | 55 | 3693 | 487 | 0 | (25) |
| RBOB Gasoline August Futures  | 07/2025 | 13 | 1131 | (57) | 1 | 0 |
| RBOB Gasoline December Futures  | 11/2025 | 93 | 7078 | 228 | 1 | 0 |
| RBOB Gasoline September Futures  | 08/2025 | 64 | 5489 | (275) | 7 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Rotterdam Coal December Futures  | 12/2025 | 2 | 220 | 8 | 3 | 0 |
| Rotterdam Coal November Futures  | 11/2025 | 2 | 219 | 6 | 3 | 0 |
| Rotterdam Coal October Futures  | 10/2025 | 2 | 217 | 5 | 3 | 0 |
| Silver December Futures  | 12/2025 | 13 | 2380 | (13) | 0 | (13) |
| Silver September Futures  | 09/2025 | 103 | 18629 | 738 | 0 | (102) |
| Soybean Meal December Futures  | 12/2025 | 604 | 17474 | (963) | 48 | 0 |
| Soybean November Futures  | 11/2025 | 187 | 9602 | (142) | 21 | 0 |
| Soybean Oil January Futures  | 01/2026 | 70 | 2222 | 18 | 6 | 0 |
| Sugar No. 11 October Futures  | 09/2025 | 22 | 399 | (21) | 0 | (13) |
| U.S. Treasury 5-Year Note September Futures  | 09/2025 | 3866 | 421394 | 2694 | 336 | (2) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 1046 | 119522 | 2238 | 507 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 1449 | 172612 | 6062 | 1947 | 0 |
| WTI Crude December Futures  | 11/2025 | 249 | 15351 | (489) | 0 | (22) |
| WTI Crude December Futures  | 11/2026 | 150 | 9216 | (615) | 0 | (20) |
| WTI Crude February Futures  | 01/2026 | 74 | 4540 | 103 | 0 | (5) |
| WTI Crude January Futures  | 12/2025 | 109 | 6697 | (333) | 0 | (9) |
| WTI Crude March Futures  | 02/2026 | 108 | 6621 | (142) | 0 | (8) |
|  |  |  |  | $ | $ | (3707) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| 3-Month EURIBOR September Futures  | 09/2025 | 2584 | $(746574) | (1265) | 190 | $(38) |
| Arabica Coffee September Futures  | 09/2025 | 22 | (2476) | 546 | 30 | 0 |
| Argus Euro-Bobl Oxy FOB Rotterdam Barges vs Brent 1st Line August Futures  | 08/2025 | 2 | (28) | 1 | 0 | (1) |
| Argus Euro-Bobl Oxy FOB Rotterdam Barges vs Brent 1st Line July Futures  | 07/2025 | 2 | (28) | 1 | 0 | (1) |
| Argus Euro-Bobl Oxy FOB Rotterdam Barges vs Brent 1st Line September Futures  | 09/2025 | 2 | (26) | 3 | 0 | (1) |
| Australia Government 10-Year Bond September Futures  | 09/2025 | 284 | (20138) | (73) | 17 | 0 |
| Brent Crude April Futures  | 02/2026 | 64 | (4141) | 205 | 6 | 0 |
| Brent Crude December Futures  | 10/2027 | 149 | (9767) | (106) | 28 | 0 |
| Brent Crude July Futures  | 05/2026 | 33 | (2136) | (20) | 4 | 0 |
| Brent Crude May Futures  | 03/2026 | 77 | (4984) | 220 | 7 | 0 |
| Brent Crude November Futures  | 09/2025 | 73 | (4763) | (179) | 5 | 0 |
| Copper August Futures  | 08/2025 | 24 | (3033) | (48) | 24 | 0 |
| Copper September Futures  | 09/2025 | 211 | (26810) | (959) | 214 | 0 |
| Corn December Futures  | 12/2025 | 82 | (1745) | 58 | 6 | 0 |
| Corn December Futures  | 12/2026 | 140 | (3199) | 48 | 1 | (5) |
| Corn September Futures  | 09/2025 | 740 | (15142) | 762 | 83 | 0 |
| Euro-Bund September Futures  | 09/2025 | 1429 | (219080) | 1444 | 623 | (50) |
| Euro-Oat September Futures  | 09/2025 | 1229 | (179283) | 1047 | 391 | (87) |
| Euro-Schatz September Futures  | 09/2025 | 340 | (42954) | 66 | 38 | (12) |
| Gas Oil August Futures  | 08/2025 | 81 | (5354) | 624 | 0 | (12) |
| Gas Oil July Futures  | 07/2025 | 74 | (5010) | (360) | 0 | (15) |
| Gas Oil June Futures  | 06/2026 | 155 | (9564) | 76 | 23 | 0 |
| Globex Natural Gas August Futures  | 07/2025 | 8 | (276) | 15 | 17 | (1) |
| Globex Natural Gas September Futures  | 08/2025 | 7 | (244) | 7 | 13 | (1) |
| Gold 100 oz. August Futures  | 08/2025 | 21 | (6946) | (13) | 0 | (42) |
| Hard Red Winter Wheat December Futures  | 12/2025 | 148 | (4070) | 353 | 50 | 0 |
| Henry Hub Natural Gas April Futures  | 03/2026 | 10 | (95) | (1) | 4 | 0 |
| Henry Hub Natural Gas August Futures  | 07/2026 | 10 | (105) | (11) | 3 | 0 |
| Henry Hub Natural Gas December Futures  | 11/2026 | 10 | (120) | (25) | 3 | 0 |
| Henry Hub Natural Gas February Futures  | 01/2026 | 21 | (240) | (21) | 12 | 0 |
| Henry Hub Natural Gas January Futures  | 12/2025 | 22 | (267) | (37) | 13 | 0 |
| Henry Hub Natural Gas July Futures  | 06/2026 | 10 | (104) | (10) | 3 | 0 |
| Henry Hub Natural Gas June Futures  | 05/2026 | 10 | (99) | (5) | 4 | 0 |
| Henry Hub Natural Gas March Futures  | 02/2026 | 22 | (225) | 4 | 11 | 0 |
| Henry Hub Natural Gas May Futures  | 04/2026 | 10 | (95) | (1) | 4 | 0 |
| Henry Hub Natural Gas November Futures  | 10/2026 | 10 | (111) | (16) | 3 | 0 |
| Henry Hub Natural Gas October Futures  | 09/2026 | 10 | (105) | (11) | 3 | 0 |
| Henry Hub Natural Gas September Futures  | 08/2026 | 10 | (104) | (10) | 3 | 0 |
| Lead September Futures  | 09/2025 | 44 | (2250) | (75) | 0 | (75) |
| Lean Hogs October Futures  | 10/2025 | 168 | (6209) | 62 | 150 | 0 |
| Natural Gas April Futures  | 03/2026 | 27 | (1031) | 38 | 44 | 0 |
| Natural Gas January Futures  | 12/2025 | 540 | (26201) | 1572 | 1307 | 0 |
| Natural Gas January Futures  | 12/2026 | 57 | (2861) | (66) | 58 | 0 |
| Natural Gas September Futures  | 08/2025 | 30 | (852) | 107 | 44 | 0 |
| Natural Gas September Futures  | 08/2025 | 124 | (4328) | 344 | 261 | 0 |
| New York Harbor August Futures  | 07/2025 | 13 | (1243) | 23 | 0 | (18) |
| RBOB Gasoline October Futures  | 09/2025 | 51 | (4049) | (212) | 0 | (2) |
| SNG KEROS vs. SNG GA April Futures  | 04/2026 | 4 | 2 | 0 | 0 | 0 |
| SNG KEROS vs. SNG GA August Futures  | 08/2025 | 28 | 38 | 21 | 2 | 0 |
| SNG KEROS vs. SNG GA February Futures  | 02/2026 | 10 | 3 | 0 | 0 | 0 |
| SNG KEROS vs. SNG GA January Futures  | 01/2026 | 10 | 3 | (1) | 0 | 0 |
| SNG KEROS vs. SNG GA June Futures  | 06/2026 | 4 | 2 | 0 | 0 | 0 |
| SNG KEROS vs. SNG GA March Futures  | 03/2026 | 10 | 3 | 0 | 0 | (1) |
| SNG KEROS vs. SNG GA May Futures  | 05/2026 | 4 | 2 | 0 | 0 | 0 |
| SNG KEROS vs. SNG GA September Futures  | 09/2025 | 21 | 23 | 11 | 1 | 0 |
| Soybean January Futures  | 01/2026 | 36 | (1876) | 16 | 0 | (4) |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | 01/2026 | 01/2026 | 114 | (3338) |  | 126 | 126 |  | 0 | 0 |  | (13) |
| Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | 12/2025 | 12/2025 | 50 | (1583) |  | (135) | (135) |  | 0 | 0 |  | (4) |
| Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | 02/2026 | 02/2026 | 168 | (3187) |  | 33 | 33 |  | 81 | 81 |  | 0 |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 4425 | (920504) |  | (3405) | (3405) |  | 0 | 0 |  | (242) |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 2185 | (244993) |  | (3992) | (3992) |  | 0 | 0 |  | (683) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 2537 | (292944) |  | (11558) | (11558) |  | 0 | 0 |  | (2537) |
| UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | UK Natural Gas August Futures  | 08/2025 | 08/2025 | 10 | (333) |  | 40 | 40 |  | 17 | 17 |  | 0 |
| Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | 12/2025 | 12/2025 | 83 | (2324) |  | 99 | 99 |  | 13 | 13 |  | 0 |
| Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | 09/2025 | 09/2025 | 376 | (10119) |  | 265 | 265 |  | 47 | 47 |  | 0 |
| WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | WTI Crude April Futures  | 03/2026 | 03/2026 | 58 | (3556) |  | 304 | 304 |  | 4 | 4 |  | 0 |
| WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | WTI Crude August Futures  | 07/2025 | 07/2025 | 120 | (7813) |  | 102 | 102 |  | 48 | 48 |  | 0 |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2025 | 11/2025 | 46 | (2836) |  | (150) | (150) |  | 4 | 4 |  | 0 |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2027 | 11/2027 | 155 | (9582) |  | (151) | (151) |  | 23 | 23 |  | 0 |
| WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | 05/2026 | 05/2026 | 104 | (6379) |  | 144 | 144 |  | 7 | 7 |  | 0 |
| WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | WTI Crude June Futures  | 06/2026 | 06/2026 | 57 | (3495) |  | 58 | 58 |  | 5 | 5 |  | 0 |
| WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | WTI Crude May Futures  | 04/2026 | 04/2026 | 52 | (3189) |  | 206 | 206 |  | 4 | 4 |  | 0 |
| WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | 10/2025 | 10/2025 | 54 | (3351) |  | 66 | 66 |  | 6 | 6 |  | 0 |
| WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | WTI Crude November Futures  | 11/2026 | 11/2026 | 9 | (553) |  | (18) | (18) |  | 1 | 1 |  | 0 |
| WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | WTI Crude October Futures  | 09/2025 | 09/2025 | 36 | (2259) |  | (90) | (90) |  | 5 | 5 |  | 0 |
| WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | 08/2025 | 08/2025 | 194 | (12387) |  | (276) | (276) |  | 42 | 42 |  | 0 |
| Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | 09/2025 | 09/2025 | 33 | (2271) |  | (41) | (41) |  | 0 | 0 |  | (41) |
|  |  |  |  |  |  |  |  |  | $(14224) | (14224) | (14224) | $4010 | 4010 | $ | $(3886) | (3886) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | $**(13935)** | **(13935)** | **(13935)** | $**9266** | **9266** | **$** | $**(7593)** | **(7593)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset |  | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.500% | Annual | 03/19/2030 | 03/19/2030 | GBP | 171800 | $(3120) | 984 | 984 | $(2136) | (2136) | (2136) | 0 | $ | $(10) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.300 | Semi-Annual | 09/20/2027 | 09/20/2027 | JPY | 2495000 | (45) | 251 | 251 | 206 | 206 | 206 | 6 |  | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.300 | Semi-Annual | 03/20/2028 | 03/20/2028 |  | 568470 | (11) | 72 | 72 | 61 | 61 | 61 | 2 |  | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.550 | Annual | 09/14/2028 | 09/14/2028 |  | 9360000 | (108) | 563 | 563 | 455 | 455 | 455 | 37 |  | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.500 | Annual | 12/15/2031 | 12/15/2031 |  | 4681000 | 92 | 895 | 895 | 987 | 987 | 987 | 50 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | 12/20/2025 | $ | $56320 | 372 | (329) | (329) | 43 | 43 | 43 | 2 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.300 | Semi-Annual | 11/15/2028 | 11/15/2028 |  | 201300 | (2657) | (6726) | (6726) | (9383) | (9383) | (9383) | 180 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.340 | Semi-Annual | 11/21/2028 | 11/21/2028 |  | 22580 | (284) | (734) | (734) | (1018) | (1018) | (1018) | 20 |  | 0 |
| Receive<sup>(3)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 05/15/2032 |  | 205057 | (204) | (2931) | (2931) | (3135) | (3135) | (3135) | 0 |  | (531) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.085 | Annual | 02/13/2034 | 02/13/2034 |  | 23280 | (220) | (812) | (812) | (1032) | (1032) | (1032) | 76 |  | 0 |
| Receive<sup>(3)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 11/15/2052 |  | 23500 | (216) | (443) | (443) | (659) | (659) | (659) | 0 |  | (187) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.285 | Semi-Annual | 11/15/2053 | 11/15/2053 |  | 26200 | 1645 | 7046 | 7046 | 8691 | 8691 | 8691 | 0 |  | (152) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.237 | Semi-Annual | 11/21/2053 | 11/21/2053 |  | 20100 | 1248 | 5580 | 5580 | 6828 | 6828 | 6828 | 0 |  | (116) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.865 | Annual | 02/13/2054 | 02/13/2054 |  | 88500 | 1835 | 14825 | 14825 | 16660 | 16660 | 16660 | 0 |  | (608) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 | 06/20/2054 |  | 29500 | 786 | 1426 | 1426 | 2212 | 2212 | 2212 | 0 |  | (233) |
| Receive<sup>(3)</sup> | 3-Month EUR-EURIBOR | 1.830 | Annual | 09/17/2027 | 09/17/2027 | EUR | 62900 | 0 | 231 | 231 | 231 | 231 | 231 | 21 |  | 0 |
| Receive<sup>(3)</sup> | 6-Month EUR-EURIBOR | 2.120 | Annual | 09/03/2027 | 09/03/2027 |  | 42600 | 0 | (125) | (125) | (125) | (125) | (125) | 17 |  | 0 |
| Pay<sup>(3)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 | 09/17/2035 |  | 439360 | (16060) | (755) | (755) | (16815) | (16815) | (16815) | 0 |  | (890) |
| Receive | 6-Month EUR-EURIBOR | 0.190 | Annual | 11/04/2052 | 11/04/2052 |  | 8600 | 532 | 4532 | 4532 | 5064 | 5064 | 5064 | 24 |  | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.195 | Annual | 11/04/2052 | 11/04/2052 |  | 8950 | 6 | 5254 | 5254 | 5260 | 5260 | 5260 | 25 |  | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.197 | Annual | 11/08/2052 | 11/08/2052 |  | 17500 | 1090 | 9187 | 9187 | 10277 | 10277 | 10277 | 48 |  | 0 |
| Receive<sup>(3)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 | 09/17/2055 |  | 139080 | 6468 | 10562 | 10562 | 17030 | 17030 | 17030 | 528 |  | 0 |
| Pay | CPTFEMU | 1.380 | Maturity | 03/15/2031 | 03/15/2031 |  | 21840 | (164) | (4521) | (4521) | (4685) | (4685) | (4685) | 0 |  | (4) |
| Receive | CPTFEMU | 2.600 | Maturity | 05/15/2032 | 05/15/2032 |  | 2800 | 2 | 6 | 6 | 8 | 8 | 8 | 4 |  | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | CPTFEMU | CPTFEMU | 2.570 | Maturity | Maturity | 06/15/2032 | 45400 |  | 0 |  | (647) |  | (647) |  | 37 | 37 |  | 0 |
| Receive | Receive | CPTFEMU | CPTFEMU | 2.049 | Maturity | Maturity | 08/15/2034 | 67600 |  | (28) |  | (548) |  | (576) |  | 83 | 83 |  | 0 |
| Receive | Receive | CPTFEMU | CPTFEMU | 2.034 | Maturity | Maturity | 09/15/2034 | 8000 |  | (8) |  | (45) |  | (53) |  | 10 | 10 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.488 | Maturity | Maturity | 05/15/2037 | 120 |  | 0 |  | 0 |  | 0 |  | 0 | 0 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 1.950 | Maturity | Maturity | 11/15/2048 | 2020 |  | 7 |  | (337) |  | (330) |  | 4 | 4 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.580 | Maturity | Maturity | 03/15/2052 | 4100 |  | 2 |  | 138 |  | 140 |  | 3 | 3 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.590 | Maturity | Maturity | 03/15/2052 | 4730 |  | (123) |  | 301 |  | 178 |  | 4 | 4 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.550 | Maturity | Maturity | 04/15/2052 | 3000 |  | 4 |  | 98 |  | 102 |  | 0 | 0 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.421 | Maturity | Maturity | 05/15/2052 | 3330 |  | 0 |  | (17) |  | (17) |  | 0 | 0 |  | (1) |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.590 | Maturity | Maturity | 12/15/2052 | 9000 |  | 0 |  | 937 |  | 937 |  | 1 | 1 |  | 0 |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.680 | Maturity | Maturity | 04/15/2053 | 11200 |  | 9 |  | 1629 |  | 1638 |  | 0 | 0 |  | (4) |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.700 | Maturity | Maturity | 04/15/2053 | 5100 |  | 34 |  | 749 |  | 783 |  | 0 | 0 |  | (2) |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.763 | Maturity | Maturity | 09/15/2053 | 10700 |  | 29 |  | 1872 |  | 1901 |  | 0 | 0 |  | (3) |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.682 | Maturity | Maturity | 10/15/2053 | 3400 |  | 0 |  | 505 |  | 505 |  | 0 | 0 |  | (3) |
| Pay | Pay | CPTFEMU | CPTFEMU | 2.736 | Maturity | Maturity | 10/15/2053 | 5500 |  | 50 |  | 874 |  | 924 |  | 0 | 0 |  | (5) |
| Pay | Pay | CPURNSA | CPURNSA | 1.980 | Maturity | Maturity | 09/19/2025 | 36100 |  | 0 |  | (272) |  | (272) |  | 0 | 0 |  | (11) |
| Pay | Pay | CPURNSA | CPURNSA | 2.033 | Maturity | Maturity | 09/23/2025 | 27200 |  | 0 |  | (195) |  | (195) |  | 0 | 0 |  | (9) |
| Pay | Pay | CPURNSA | CPURNSA | 2.341 | Maturity | Maturity | 11/07/2025 | 85600 |  | 0 |  | (554) |  | (554) |  | 0 | 0 |  | (3) |
| Pay | Pay | CPURNSA | CPURNSA | 2.702 | Maturity | Maturity | 01/14/2026 | 29000 |  | 0 |  | (122) |  | (122) |  | 1 | 1 |  | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.820 | Maturity | Maturity | 02/05/2026 | 17700 |  | 0 |  | (54) |  | (54) |  | 1 | 1 |  | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.842 | Maturity | Maturity | 02/13/2026 | 18600 |  | 0 |  | (52) |  | (52) |  | 1 | 1 |  | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 3.042 | Maturity | Maturity | 02/21/2026 | 19000 |  | 0 |  | (12) |  | (12) |  | 3 | 3 |  | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 2.418 | Maturity | Maturity | 03/05/2026 | 8100 |  | 0 |  | 965 |  | 965 |  | 0 | 0 |  | (1) |
| Pay | Pay | CPURNSA | CPURNSA | 3.323 | Maturity | Maturity | 04/23/2026 | 3400 |  | 0 |  | 15 |  | 15 |  | 0 | 0 |  | (2) |
| Receive | Receive | CPURNSA | CPURNSA | 2.767 | Maturity | Maturity | 05/13/2026 | 24600 |  | 0 |  | 2384 |  | 2384 |  | 12 | 12 |  | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 2.813 | Maturity | Maturity | 05/14/2026 | 9800 |  | 0 |  | 925 |  | 925 |  | 5 | 5 |  | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 2.703 | Maturity | Maturity | 05/25/2026 | 9590 |  | 2 |  | 947 |  | 949 |  | 2 | 2 |  | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 2.690 | Maturity | Maturity | 06/01/2026 | 10400 |  | 0 |  | 1028 |  | 1028 |  | 1 | 1 |  | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 3.300 | Maturity | Maturity | 06/04/2026 | 17400 |  | 0 |  | 39 |  | 39 |  | 0 | 0 |  | (1) |
| Receive | Receive | CPURNSA | CPURNSA | 1.793 | Maturity | Maturity | 08/24/2027 | 90200 |  | 0 |  | 15757 |  | 15757 |  | 49 | 49 |  | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 1.797 | Maturity | Maturity | 08/25/2027 | 21700 |  | 0 |  | 3782 |  | 3782 |  | 12 | 12 |  | 0 |
| Receive | Receive | CPURNSA | CPURNSA | 1.890 | Maturity | Maturity | 08/27/2027 | 40100 |  | 0 |  | 6707 |  | 6707 |  | 22 | 22 |  | 0 |
| Pay | Pay | CPURNSA | CPURNSA | 2.335 | Maturity | Maturity | 02/05/2028 | 32120 |  | 70 |  | (3719) |  | (3649) |  | 0 | 0 |  | (6) |
| Pay | Pay | CPURNSA | CPURNSA | 2.352 | Maturity | Maturity | 05/09/2028 | 10270 |  | 0 |  | (1115) |  | (1115) |  | 0 | 0 |  | (4) |
| Pay | Pay | CPURNSA | CPURNSA | 2.360 | Maturity | Maturity | 05/09/2028 | 15460 |  | 0 |  | (1666) |  | (1666) |  | 0 | 0 |  | (6) |
| Pay | Pay | CPURNSA | CPURNSA | 2.364 | Maturity | Maturity | 05/10/2028 | 15760 |  | 0 |  | (1692) |  | (1692) |  | 0 | 0 |  | (6) |
| Pay | Pay | CPURNSA | CPURNSA | 2.165 | Maturity | Maturity | 04/16/2029 | 14300 |  | 0 |  | (1926) |  | (1926) |  | 0 | 0 |  | (5) |
| Pay | Pay | CPURNSA | CPURNSA | 1.997 | Maturity | Maturity | 07/25/2029 | 22400 |  | 18 |  | (3326) |  | (3308) |  | 0 | 0 |  | (7) |
| Receive | Receive | CPURNSA | CPURNSA | 2.311 | Maturity | Maturity | 02/24/2031 | 34100 |  | 0 |  | 4169 |  | 4169 |  | 17 | 17 |  | 0 |
| Pay | Pay | FRCPXTOB | FRCPXTOB | 1.910 | Maturity | Maturity | 01/15/2038 | 5600 |  | 16 |  | (346) |  | (330) |  | 10 | 10 |  | 0 |
| Pay | Pay | UKRPI | UKRPI | 3.500 | Maturity | Maturity | 08/15/2034 | 15800 |  | 90 |  | 311 |  | 401 |  | 104 | 104 |  | 0 |
| Pay | Pay | UKRPI | UKRPI | 3.466 | Maturity | Maturity | 09/15/2034 | 6600 |  | 0 |  | 133 |  | 133 |  | 37 | 37 |  | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**(8841)** | **(8841)** | $**71658** | **71658** | $**62817** | **62817** | $**1459** | **1459** | **1459** | $**(2810)** | **(2810)** |
| **(j)** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $74,131 and cash of $9,378 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. | Future styled option variation margin asset of $12 is outstanding at period end. |
| <sup>(2)</sup> | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $284 and liability of $(151) for closed futures and unsettled variation margin asset of $4 and liability of $(8) for closed swap agreements is outstanding at period end. |
| <sup>(3)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | CAD | 14 | 14 | $ | $10 | 10 | 10 | 0 | 0 | 0 | 0 | $0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNH | 16858 | 16858 |  | 2340 | 2340 | 2340 | 0 | 0 | 0 | 0 | (18) | (18) | (18) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 2049 | 2049 |  | 2399 | 2399 | 2399 | 0 | 0 | 0 | 0 | (14) | (14) | (14) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $19570 | 19570 | AUD | 30126 | 30126 | 30126 | 258 | 258 | 258 | 258 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 12 | 12 | CHF | 10 | 10 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1869 | 1869 | NZD | 3106 | 3106 | 3106 | 24 | 24 | 24 | 24 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | AUD | 30126 | 30126 | $ | $19581 | 19581 | 19581 | 0 | 0 | 0 | 0 | (259) | (259) | (259) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CHF | 10 | 10 |  | 12 | 12 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 47630 | 47630 |  | 6647 | 6647 | 6647 | 0 | 0 | 0 | 0 | (32) | (32) | (32) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 3106 | 3106 |  | 1871 | 1871 | 1871 | 0 | 0 | 0 | 0 | (24) | (24) | (24) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $10 | 10 | CAD | 14 | 14 | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 2404 | 2404 | EUR | 2049 | 2049 | 2049 | 14 | 14 | 14 | 14 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | AUD | 2054 | 2054 | $ | $1338 | 1338 | 1338 | 0 | 0 | 0 | 0 | (14) | (14) | (14) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 175210 | 175210 |  | 199222 | 199222 | 199222 | 0 | 0 | 0 | 0 | (7166) | (7166) | (7166) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 3078768 | 3078768 |  | 2259 | 2259 | 2259 | 0 | 0 | 0 | 0 | (19) | (19) | (19) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PEN | 2200 | 2200 |  | 606 | 606 | 606 | 0 | 0 | 0 | 0 | (15) | (15) | (15) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $2031 | 2031 | IDR | 33140133 | 33140133 | 33140133 | 12 | 12 | 12 | 12 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 948 | 948 | SGD | 1213 | 1213 | 1213 | 7 | 7 | 7 | 7 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 11617 | 11617 | $ | $1624 | 1624 | 1624 | 0 | 0 | 0 | 0 | (5) | (5) | (5) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | SGD | 1210 | 1210 |  | 948 | 948 | 948 | 0 | 0 | 0 | 0 | (7) | (7) | (7) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 787 | 787 |  | 24 | 24 | 24 | 0 | 0 | 0 | 0 | (3) | (3) | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 12747 | 12747 |  | 2336 | 2336 | 2336 | 0 | 0 | 0 | 0 | (10) | (10) | (10) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 27681 | 27681 |  | 20 | 20 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | 5550 | 5550 |  | 549 | 549 | 549 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SEK | 8835 | 8835 |  | 920 | 920 | 920 | 0 | 0 | 0 | 0 | (14) | (14) | (14) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | 2464 | 2464 |  | 75 | 75 | 75 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |

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------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 157071 | 4834 | 0 | (574) |
|  | 07/2025  | $2290 | 12747 | 56 | 0 |
|  | 07/2025  | 1101 | 1516 | 12 | 0 |
|  | 07/2025  | 4431 | 72288392 | 27 | 0 |
|  | 07/2025  | 330 | 10808 | 3 | 0 |
|  | 07/2025  | 1286 | 38259 | 31 | 0 |
|  | 08/2025  | 477 | $349 | 0 | (1) |
|  | 08/2025  | 27245 | 3814 | 0 | (6) |
|  | 08/2025  | 1522 | 11 | 0 | 0 |
|  | 08/2025  | 130918 | 4017 | 0 | (535) |
|  | 08/2025  | $2608 | 226647 | 31 | 0 |
|  | 08/2025  | 6136 | 177362 | 30 | 0 |
|  | 10/2025  | 133800 | $22334 | 0 | (1732) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 598 | 435 | 0 | (5) |
|  | 07/2025  | 241 | 278 | 0 | (6) |
|  | 07/2025  | 9492 | 12913 | 0 | (116) |
|  | 07/2025  | 20616 | 5921 | 0 | (199) |
|  | 07/2025  | 381450 | 279 | 0 | (3) |
|  | 07/2025  | 4506 | 443 | 0 | (4) |
|  | 07/2025  | 641 | 171 | 0 | (7) |
|  | 07/2025  | $2936 | 9913 | 7 | 0 |
|  | 07/2025  | 67 | 91998 | 1 | 0 |
|  | 07/2025  | 2946 | 53249 | 57 | 0 |
|  | 08/2025  | 12741 | 9363 | 113 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 90811 | $16478 | 0 | (236) |
|  | 07/2025  | 18749 | 2855 | 0 | (105) |
|  | 07/2025  | $16641 | 90811 | 74 | 0 |
|  | 07/2025  | 616 | 2198 | 5 | 0 |
|  | 08/2025  | 16478 | 91504 | 234 | 0 |
|  | 09/2025  | 2204 | $616 | 0 | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 187623 | 34382 | 0 | (152) |
|  | 07/2025  | 184276 | 134373 | 0 | (984) |
|  | 07/2025  | 172500 | 1212 | 14 | 0 |
|  | 07/2025  | 23430049 | 17098 | 0 | (233) |
|  | 07/2025  | 128928 | 3877 | 0 | (93) |
|  | 07/2025  | 271849 | 8356 | 0 | (1004) |
|  | 07/2025  | $32087 | 187623 | 2447 | 0 |
|  | 07/2025  | 6252 | 8572 | 43 | 0 |
|  | 07/2025  | 2780 | 2406 | 54 | 0 |
|  | 07/2025  | 1910 | 31099975 | 8 | 0 |
|  | 07/2025  | 2106 | 62422 | 43 | 0 |
|  | 08/2025  | 313918 | $9665 | 0 | (1248) |
|  | 08/2025  | $1295 | 9278 | 6 | 0 |
|  | 08/2025  | 19525 | 1682892 | 75 | (8) |
|  | 09/2025  | 9908 | $516 | 0 | (7) |
| &nbsp;&nbsp;&nbsp;&nbsp; CIB | 07/2025  | 1084 | 790 | 0 | (6) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 10011 | 2889 | 0 | (84) |
|  | 07/2025  | 395450 | 290 | 0 | (2) |
|  | 07/2025  | 125 | 97 | 0 | (1) |
|  | 07/2025  | $2216 | 14111 | 12 | 0 |
|  | 07/2025  | 205193 | 176875 | 3157 | 0 |
|  | 07/2025  | 281 | 4572108 | 1 | 0 |
|  | 07/2025  | 488 | 14522 | 11 | 0 |
|  | 08/2025  | 14077 | $2216 | 0 | (12) |
|  | 08/2025  | 176487 | 205193 | 0 | (3154) |
|  | 08/2025  | 72981 | 2230 | 0 | (307) |
|  | 08/2025  | $10898 | 940097 | 46 | 0 |
|  | 08/2025  | 4622 | 147192 | 495 | 0 |
|  | 09/2025  | 152 | $8 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 28072 | 18112 | 0 | (364) |
|  | 07/2025  | 43956 | 7833 | 0 | (257) |
|  | 07/2025  | 234341 | 172805 | 720 | (11) |
|  | 07/2025  | 7153 | 8686 | 0 | (329) |
|  | 07/2025  | 8575 | 1193 | 0 | (6) |
|  | 07/2025  | 12461876 | 86868 | 330 | 0 |
|  | 07/2025  | 316 | 245 | 0 | (3) |
|  | 07/2025  | $8055 | 43956 | 36 | 0 |
|  | 07/2025  | 9439 | 7557 | 85 | 0 |
|  | 07/2025  | 3014 | 19179 | 14 | 0 |
|  | 07/2025  | 49518 | 7207813 | 535 | 0 |
|  | 07/2025  | 7514 | 27710 | 171 | 0 |
|  | 07/2025  | 762 | 972 | 2 | 0 |
|  | 08/2025  | 7525 | $9439 | 0 | (85) |
|  | 08/2025  | 28756 | 4019 | 0 | (14) |
|  | 08/2025  | 19132 | 3014 | 0 | (14) |
|  | 08/2025  | 7181307 | 49518 | 0 | (535) |
|  | 08/2025  | 1118 | 879 | 0 | (3) |
|  | 08/2025  | $4325 | 374024 | 30 | 0 |
|  | 09/2025  | 4274 | 23967 | 70 | 0 |
|  | 09/2025  | 6529 | 127130 | 191 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 229000 | $39084 | 0 | (3065) |
|  | 07/2025  | 561 | 410 | 0 | (2) |
|  | 07/2025  | 26891 | 827 | 0 | (99) |
|  | 07/2025  | $41869 | 229000 | 280 | 0 |
|  | 07/2025  | 452 | 7362879 | 2 | 0 |
|  | 07/2025  | 296 | 377 | 1 | 0 |

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------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 86 | 2791 | 10 | 0 |
|  | 07/2025  | 12 | 222 | 0 | 0 |
|  | 08/2025  | 376 | $296 | 0 | (1) |
|  | 08/2025  | $157 | 5171 | 22 | 0 |
|  | 09/2025  | 10332 | 58181 | 213 | 0 |
|  | 10/2025  | 212400 | $34867 | 0 | (3336) |
|  | 04/2026  | 57300 | 9723 | 0 | (134) |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $935 | 8846 | 0 | 0 |
|  | 08/2025  | 8827 | $935 | 0 | 0 |
|  | 08/2025  | $489485 | 69215963 | 0 | (7221) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 106233 | $19467 | 0 | (86) |
|  | 07/2025  | 403 | 492 | 0 | (16) |
|  | 07/2025  | 16247 | 2251 | 0 | (21) |
|  | 07/2025  | 14529 | 2200 | 0 | (93) |
|  | 07/2025  | 2204920 | 1611 | 0 | (20) |
|  | 07/2025  | 2869 | 1711 | 0 | (38) |
|  | 07/2025  | 6893 | 1835 | 0 | (77) |
|  | 07/2025  | 8363 | 6511 | 0 | (67) |
|  | 07/2025  | 158986 | 4889 | 0 | (585) |
|  | 07/2025  | $19045 | 106233 | 507 | 0 |
|  | 07/2025  | 2734 | 3741 | 14 | 0 |
|  | 07/2025  | 13521 | 49977 | 339 | 0 |
|  | 07/2025  | 620 | 794 | 4 | 0 |
|  | 07/2025  | 845 | 15098 | 7 | 0 |
|  | 08/2025  | 44570 | $6215 | 0 | (35) |
|  | 08/2025  | 793 | 620 | 0 | (4) |
|  | 08/2025  | 157990 | 4848 | 0 | (644) |
|  | 08/2025  | $1020 | 868 | 5 | 0 |
|  | 08/2025  | 2915 | 252783 | 27 | 0 |
|  | 04/2026  | 91000 | $15355 | 0 | (300) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 118629 | 86593 | 0 | (535) |
|  | 07/2025  | 10 | 12 | 0 | 0 |
|  | 07/2025  | 7789 | 1081 | 0 | (8) |
|  | 07/2025  | 4126 | 4722 | 0 | (137) |
|  | 07/2025  | 569198 | 3962 | 9 | 0 |
|  | 07/2025  | 4928 | 1316 | 0 | (51) |
|  | 07/2025  | 20091 | 15661 | 0 | (140) |
|  | 07/2025  | 64720 | 1955 | 0 | (37) |
|  | 07/2025  | 76693 | 2353 | 0 | (287) |
|  | 07/2025  | $52248 | 71816 | 490 | 0 |
|  | 07/2025  | 3740 | 3213 | 44 | 0 |
|  | 07/2025  | 1258 | 915 | 0 | (2) |
|  | 07/2025  | 539 | 8760390 | 1 | 0 |
|  | 07/2025  | 16372 | 21172 | 279 | 0 |
|  | 07/2025  | 94 | 2783 | 2 | 0 |
|  | 08/2025  | 67506 | $49192 | 0 | (466) |
|  | 08/2025  | 22287 | 3099 | 0 | (26) |
|  | 08/2025  | 8097 | 56 | 0 | 0 |
|  | 08/2025  | 21124 | 16372 | 0 | (283) |
|  | 08/2025  | 183529 | 5858 | 0 | (523) |
|  | 08/2025  | $749 | 1028 | 7 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 281510 | $1949 | 0 | (6) |
|  | 07/2025  | $840 | 1148 | 3 | 0 |
|  | 07/2025  | 16630 | 2423831 | 202 | 0 |
|  | 07/2025  | 1375 | 13867 | 1 | 0 |
|  | 07/2025  | 39 | 145 | 1 | 0 |
|  | 08/2025  | 29310 | $4094 | 0 | (16) |
|  | 08/2025  | 2414920 | 16630 | 0 | (202) |
|  | 08/2025  | 13865 | 1375 | 0 | (1) |
|  | 10/2025  | 22300 | 3662 | 0 | (349) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | $5406 | 88124434 | 28 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 10960 | $7988 | 7 | (68) |
|  | 07/2025  | 152 | 44 | 0 | (1) |
|  | 07/2025  | 237 | 143 | 0 | (1) |
|  | 07/2025  | 8880 | 305 | 0 | (1) |
|  | 07/2025  | $2304 | 3179 | 30 | 0 |
|  | 07/2025  | 2101 | 34242403 | 10 | 0 |
|  | 07/2025  | 187 | 27002 | 1 | 0 |
|  | 07/2025  | 3269 | 4217 | 47 | 0 |
|  | 07/2025  | 816 | 24251 | 19 | 0 |
|  | 08/2025  | 50496 | $7069 | 0 | (12) |
|  | 08/2025  | 26902 | 187 | 0 | (1) |
|  | 08/2025  | 4207 | 3269 | 0 | (48) |
|  | 08/2025  | 42910 | 1315 | 0 | (177) |
|  | 08/2025  | $3052 | 262028 | 0 | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 1707 | 2328 | 3 | 0 |
|  | 07/2025  | 27714 | 4000468 | 66 | 0 |
|  | 07/2025  | 144 | 1444 | 0 | (1) |
|  | 08/2025  | 3985788 | $27714 | 0 | (67) |
|  | 08/2025  | 1443 | 144 | 1 | 0 |
|  | 08/2025  | $17 | 1510 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 2327 | $1705 | 0 | (4) |
|  | 07/2025  | $12853 | 9492 | 177 | 0 |
|  | 08/2025  | 1024 | $751 | 0 | (2) |
|  | 08/2025  | $1705 | 2323 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 478 | $350 | 0 | (1) |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ILS | ILS | 1515 | 1515 | 1515 | 1515 |  |  |  | 422 | 422 | 422 | 422 | 422 |  | 0 | 0 |  |  | (28) | (28) | (28) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | JPY | JPY | 183681 | 183681 | 183681 | 183681 |  |  |  | 1269 | 1269 | 1269 | 1269 | 1269 |  | 0 | 0 |  |  | (7) | (7) | (7) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | KRW | 337731 | 337731 | 337731 | 337731 |  |  |  | 249 | 249 | 249 | 249 | 249 |  | 0 | 0 |  |  | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | NOK | 5254 | 5254 | 5254 | 5254 |  |  |  | 517 | 517 | 517 | 517 | 517 |  | 0 | 0 |  |  | (4) | (4) | (4) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | THB | 10277 | 10277 | 10277 | 10277 |  |  |  | 309 | 309 | 309 | 309 | 309 |  | 0 | 0 |  |  | (7) | (7) | (7) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 249 | 249 | 249 | 249 | KRW | KRW | KRW | 337894 | 337894 | 337894 | 337894 | 337894 |  | 1 | 1 |  |  | 0 | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**12456** | **12456** | **12456** | **$** | $**(39399)** | **(39399)** | **(39399)** | **(39399)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** |
| Counterparty | Counterparty | Description | Description | Description | Initial<br>Index | Initial<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value | Market<br>Value |
| GLM | GLM | Cap - OTC CPALEMU « | Cap - OTC CPALEMU « | Cap - OTC CPALEMU « | 100.151 | 100.151 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | 06/22/2035 | 06/22/2035 |  | 31400 | 31400 | 31400 | (1428) | (1428) | $ | $(860) | (860) | (860) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value | Market<br>Value |
| BRC | BRC | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | 2.440% | 2.440% | 2.440% | 2.440% | 2.440% | 01/25/2027 | 01/25/2027 |  | 12900 | 12900 | 12900 | (115) | (115) | $ | $(128) | (128) | (128) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | 2.440 | 2.440 | 2.440 | 2.440 | 2.440 | 01/25/2027 | 01/25/2027 |  | 12900 | 12900 | 12900 | (115) | (115) |  | (80) | (80) | (80) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | 2.740 | 2.740 | 2.740 | 2.740 | 2.740 | 09/08/2025 | 09/08/2025 |  | 13800 | 13800 | 13800 | (318) | (318) |  | (269) | (269) | (269) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | 2.740 | 2.740 | 2.740 | 2.740 | 2.740 | 09/08/2025 | 09/08/2025 |  | 13800 | 13800 | 13800 | (318) | (318) |  | (92) | (92) | (92) |
| GLM | GLM | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | 2.465 | 2.465 | 2.465 | 2.465 | 2.465 | 12/04/2025 | 12/04/2025 |  | 42400 | 42400 | 42400 | (512) | (512) |  | (460) | (460) | (460) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | 2.465 | 2.465 | 2.465 | 2.465 | 2.465 | 12/04/2025 | 12/04/2025 |  | 42400 | 42400 | 42400 | (512) | (512) |  | (26) | (26) | (26) |
|  |  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | 2.350 | 2.350 | 2.350 | 2.350 | 2.350 | 01/07/2027 | 01/07/2027 |  | 34200 | 34200 | 34200 | (310) | (310) |  | (308) | (308) | (308) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | 2.350 | 2.350 | 2.350 | 2.350 | 2.350 | 01/07/2027 | 01/07/2027 |  | 34200 | 34200 | 34200 | (310) | (310) |  | (241) | (241) | (241) |
|  |  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | 2.500 | 2.500 | 2.500 | 2.500 | 2.500 | 01/14/2027 | 01/14/2027 |  | 86900 | 86900 | 86900 | (797) | (797) |  | (955) | (955) | (955) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | 2.500 | 2.500 | 2.500 | 2.500 | 2.500 | 01/14/2027 | 01/14/2027 |  | 86900 | 86900 | 86900 | (797) | (797) |  | (505) | (505) | (505) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (4104) | (4104) | $ | $(3064) | (3064) | (3064) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **(5532)** | **(5532)** | **$** | $**(3924)** | **(3924)** | **(3924)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** | **COMMODITY FORWARD SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/Receive | Pay/Receive | Pay/Receive | Underlying Reference Commodity | Underlying Reference Commodity | Underlying Reference Commodity | Underlying Reference Commodity | Fixed Price<br>Per Unit | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | # of<br>Units | # of<br>Units |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | Receive | Receive | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | 11.350 | Maturity | Maturity | Maturity | Maturity | 09/30/2025 | 09/30/2025 | 09/30/2025 | 09/30/2025 | 3000 | 3000 | $ | 0 | 0 | 7 | $7 | 7 | 7 | 7 | $0 |
|  | Pay | Pay | Pay | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | 13.410 | Maturity | Maturity | Maturity | Maturity | 09/30/2025 | 09/30/2025 | 09/30/2025 | 09/30/2025 | 3000 | 3000 |  | 0 | 0 | (1) | 0 | 0 | 0 | 0 | (1) |
|  | Receive | Receive | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | 5.050 | Maturity | Maturity | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12/31/2025 | 6000 | 6000 |  | 0 | 0 | 14 | 14 | 14 | 14 | 14 | 0 |
|  | Receive | Receive | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | 7.800 | Maturity | Maturity | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12000 | 12000 |  | 0 | 0 | 39 | 39 | 39 | 39 | 39 | 0 |
|  | Pay | Pay | Pay | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | 6.550 | Maturity | Maturity | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12/31/2025 | 3000 | 3000 |  | 0 | 0 | (2) | 0 | 0 | 0 | 0 | (2) |
|  | Receive | Receive | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | 6.500 | Maturity | Maturity | Maturity | Maturity | 07/31/2025 | 07/31/2025 | 07/31/2025 | 07/31/2025 | 3000 | 3000 |  | 0 | 0 | (1) | 0 | 0 | 0 | 0 | (1) |
|  | Receive | Receive | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | 7.375 | Maturity | Maturity | Maturity | Maturity | 09/30/2025 | 09/30/2025 | 09/30/2025 | 09/30/2025 | 33000 | 33000 |  | 6 | 6 | (33) | 0 | 0 | 0 | 0 | (27) |
|  | Receive | Receive | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | 5.880 | Maturity | Maturity | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12000 | 12000 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  | Receive | Receive | Receive | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | NAPGASFO Index  | 7.860 | Maturity | Maturity | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12/31/2025 | 36000 | 36000 |  | (3) | (3) | (55) | 0 | 0 | 0 | 0 | (58) |
| &nbsp;&nbsp; JPM | Receive | Receive | Receive | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | EUROBOBCO  | 7.600 | Maturity | Maturity | Maturity | Maturity | 12/31/2025 | 12/31/2025 | 12/31/2025 | 12/31/2025 | 6000 | 6000 |  | 0 | 0 | 21 | 21 | 21 | 21 | 21 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | $ | 3 | 3 | $ | 81 | 81 | 81 | $ | (89) |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(2)</sup> | Pay/Receive<sup>(2)</sup> | Pay/Receive<sup>(2)</sup> | Underlying<br>Reference | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | Receive | Receive | BCOMTR Index  | BCOMTR Index  | BCOMTR Index  | 282661 | &nbsp;&nbsp; (0.500)% | &nbsp;&nbsp; (0.500)% | &nbsp;&nbsp; (0.500)% | Monthly | Monthly | Monthly | Monthly | 09/30/2025 | 09/30/2025 | 09/30/2025 | $46331 | 46331 | $ | 0 | 0 | 1004 | 1004 | 1004 | 1004 | 1004 | 0 |
|  | Receive | Receive | BCOMTR2 Index  | BCOMTR2 Index  | BCOMTR2 Index  | 1351922 | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | Monthly | Monthly | 09/15/2026 | 09/15/2026 | 09/15/2026 | 265891 | 265891 |  | 0 | 0 | (9428) | 0 | 0 | 0 | 0 | (9428) |
| &nbsp;&nbsp; BPS | Receive | Receive | BCOMF1NTC Index  | BCOMF1NTC Index  | BCOMF1NTC Index  | 159133 | &nbsp;&nbsp; 0.120% | &nbsp;&nbsp; 0.120% | &nbsp;&nbsp; 0.120% | Monthly | Monthly | Monthly | Monthly | 03/16/2026 | 03/16/2026 | 03/16/2026 | 20262 | 20262 |  | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
|  | Receive | Receive | BCOMF1TC Index  | BCOMF1TC Index  | BCOMF1TC Index  | 4451517 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | Monthly | Monthly | 03/16/2026 | 03/16/2026 | 03/16/2026 | 500330 | 500330 |  | 0 | 0 | (17408) | 0 | 0 | 0 | 0 | (17408) |

---

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<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Receive | BCOMTR Index  | 356750 | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 03/16/2026 | 92916 | (425) | (2784) | 0 | (3209) |
|  | Receive | BCOMTR1 Index  | 581388 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 03/16/2026 | 57505 | 0 | (2007) | 0 | (2007) |
| &nbsp;&nbsp; CBK | Receive | CIXBSTR3 Index  | 529485 | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 05/15/2026 | 151492 | 0 | (5352) | 0 | (5352) |
| &nbsp;&nbsp; CIB | Receive | PIMCODB Index  | 648093 | &nbsp;&nbsp; 0.000% | Monthly | 06/15/2026 | 133951 | 0 | (4228) | 0 | (4228) |
| &nbsp;&nbsp; GST | Pay | BCOMTR Index  | 1392750 | &nbsp;&nbsp; 4.365% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 01/15/2026 | 362746 | 0 | 12656 | 12656 | 0 |
|  | Pay | SPGCINP Index  | 47036 | &nbsp;&nbsp; (0.070)% | Monthly | 01/15/2026 | 9733 | 0 | (242) | 0 | (242) |
|  | Receive | BCOMF1NTC Index  | 12344 | &nbsp;&nbsp; 4.435% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 04/15/2026 | 4395 | 0 | 2 | 2 | 0 |
|  | Receive | BCOMF1TC Index  | 307379 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 04/15/2026 | 128004 | 0 | (4454) | 0 | (4454) |
|  | Receive | BCOMTR1 Index  | 374091 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 04/15/2026 | 108632 | 0 | (3790) | 0 | (3790) |
|  | Receive | BCOMTR2 Index  | 302690 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 04/15/2026 | 80421 | 0 | (2859) | 0 | (2859) |
|  | Receive | BCOMF1TC Index  | 705858 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 08/16/2032 | 293945 | 0 | (10227) | 0 | (10227) |
|  | Receive | BCOMTR Index  | 1709269 | &nbsp;&nbsp; 4.365% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 08/16/2032 | 445184 | 0 | (15532) | 0 | (15532) |
|  | Receive | BCOMTR1 Index  | 708060 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 08/16/2032 | 205612 | 0 | (7174) | 0 | (7174) |
|  | Receive | BCOMTR2 Index  | 572918 | &nbsp;&nbsp; 4.375% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 08/16/2032 | 152216 | 0 | (5350) | 0 | (5350) |
|  | Receive | CMDSKEWLS Index  | 124170 | &nbsp;&nbsp; 0.250% | Monthly | 08/16/2032 | 49721 | 0 | (1050) | 0 | (1050) |
| &nbsp;&nbsp; JPM | Receive | BCOMTR Index  | 467972 | &nbsp;&nbsp; 4.365% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 08/15/2025 | 121885 | 0 | (4252) | 0 | (4252) |
|  | Receive | JMABNIC5 Index  | 582573 | &nbsp;&nbsp; 0.000% | Monthly | 08/15/2025 | 107899 | 0 | (3464) | 0 | (3464) |
|  | Pay | BCOMTR Index  | 238818 | &nbsp;&nbsp; 4.155% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 01/15/2026 | 62201 | 0 | 2165 | 2165 | 0 |
|  | Receive | JMABNIC5 Index  | 5678 | &nbsp;&nbsp; 0.000% | Monthly | 07/15/2026 | 1050 | 0 | (34) | 0 | (34) |
| &nbsp;&nbsp; MAC | Receive | PIMCODB Index  | 422144 | &nbsp;&nbsp; 0.000% | Monthly | 08/17/2026 | 83780 | 0 | (2649) | 0 | (2649) |
| &nbsp;&nbsp; MEI | Receive | BCOMTR Index  | 618006 | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 09/15/2026 | 160962 | 0 | (5615) | 0 | (5615) |
|  | Receive | BCOMTR1 Index  | 981021 | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 09/15/2026 | 209538 | 0 | (7311) | 0 | (7311) |
| &nbsp;&nbsp; MYC | Receive | BCOMTR1 Index  | 305679 | &nbsp;&nbsp; 4.385% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 10/15/2026 | 231070 | 0 | (8065) | 0 | (8065) |
| &nbsp;&nbsp; RBC | Receive | RBCAEC0T Index  | 838405 | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 01/15/2026 | 74260 | 0 | (2569) | 0 | (2569) |
|  | Receive | RBCAECR1 Index  | 303641 | &nbsp;&nbsp; 4.345% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 01/15/2026 | 38275 | 0 | (1317) | 0 | (1317) |
|  | Receive | RBCAECT0 Index  | 3202387 | &nbsp;&nbsp; 4.355% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | 01/15/2026 | 278000 | 0 | (9609) | 0 | (9609) |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; SOG | &nbsp;&nbsp; SOG | Receive | BCOMTR Index  | BCOMTR Index  | 2525 | &nbsp;&nbsp; 4.335% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 12/15/2026 | 12/15/2026 | 658 |  | 0 |  | (23) | (23) | 0 |  | (23) |
| &nbsp;&nbsp; UAG | &nbsp;&nbsp; UAG | Receive | BCOMTR Index  | BCOMTR Index  | 36914 | &nbsp;&nbsp; 4.365% (3-Month U.S. Treasury Bill rate plus a specified spread) | Monthly | Monthly | 02/17/2026 | 02/17/2026 | 9614 |  | 0 |  | (335) | (335) | 0 |  | (335) |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | (425) | $ | (121300) | (121300) | 15828 | $ | (137553) |
| **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(2)</sup> | Pay/Receive<sup>(2)</sup> | Underlying<br>Reference | # of Shares | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Receive | Receive | U.S. Treasury Inflation Protected Securities  | N/A | &nbsp;&nbsp; 4.460% | &nbsp;&nbsp; 4.460% | Maturity | 08/11/2025 | 08/11/2025 | $625000 | 625000 | 0 | 0 | $2288 | 2288 | $2288 | 2288 | $0 |
| &nbsp;&nbsp; SOG | &nbsp;&nbsp; SOG | Receive | Receive | U.S. Treasury Inflation Protected Securities  | N/A | &nbsp;&nbsp; 4.480% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.480% (FEDL01 plus a specified spread) | Maturity | 07/21/2025 | 07/21/2025 | 450000 | 450000 | 0 | 0 | 2344 | 2344 | 2344 | 2344 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | 0 | $ | 4632 | 4632 | 4632 | $ | 0 |
| **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<br>Volatility | Pay/Receive<br>Volatility | Reference Entity | Reference Entity | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Pay | Pay | GOLDLNPM Index<sup>(3)</sup>  | GOLDLNPM Index<sup>(3)</sup>  | Maturity | Maturity | 10/16/2025 | 10/16/2025 | $ | 93889 | 93889 | 0 | 0 | $885 | 885 | $885 | 885 | $0 |
|  |  | Pay | Pay | GOLDLNPM Index<sup>(3)</sup>  | GOLDLNPM Index<sup>(3)</sup>  | Maturity | Maturity | 10/22/2025 | 10/22/2025 |  | 16933 | 16933 | 0 | 0 | 177 | 177 | 177 | 177 | 0 |
|  |  | Pay | Pay | GOLDLNPM Index<sup>(3)</sup>  | GOLDLNPM Index<sup>(3)</sup>  | Maturity | Maturity | 04/10/2026 | 04/10/2026 |  | 66938 | 66938 | 0 | 0 | 2263 | 2263 | 2263 | 2263 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | $3325 | 3325 | $3325 | 3325 | $0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(422)** | **$** | **(113354)** | **(113354)** | **23866** | **$** | **(137642)** |
| **(l)** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $118,531 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| <sup>(3)</sup> | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap | Variance Swap |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $ | 0 | 0 | $ | 7147 | 7147 | $649 | 649 | 649 | $ | 7796 | 7796 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials |  | 0 | 0 |  | 893 | 893 | 0 | 0 | 0 |  | 893 | 893 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies |  | 0 | 0 |  | 628144 | 628144 | 0 | 0 | 0 |  | 628144 | 628144 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations |  | 0 | 0 |  | 2630035 | 2630035 | 0 | 0 | 0 |  | 2630035 | 2630035 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities |  | 0 | 0 |  | 38255 | 38255 | 0 | 0 | 0 |  | 38255 | 38255 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other |  | 0 | 0 |  | 23939 | 23939 | 0 | 0 | 0 |  | 23939 | 23939 |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other |  | 0 | 0 |  | 92177 | 92177 | 0 | 0 | 0 |  | 92177 | 92177 |  |
| Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential |  | 0 | 0 |  | 146 | 146 | 0 | 0 | 0 |  | 146 | 146 |  |
| Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other |  | 0 | 0 |  | 1921 | 1921 | 0 | 0 | 0 |  | 1921 | 1921 |  |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral |  | 0 | 0 |  | 31240 | 31240 | 0 | 0 | 0 |  | 31240 | 31240 |  |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | Other ABS |  | 0 | 0 |  | 184214 | 184214 | 8246 | 8246 | 8246 |  | 192460 | 192460 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues |  | 0 | 0 |  | 324799 | 324799 | 0 | 0 | 0 |  | 324799 | 324799 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance |  | 0 | 0 |  | 3902 | 3902 | 0 | 0 | 0 |  | 3902 | 3902 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper |  | 0 | 0 |  | 63881 | 63881 | 0 | 0 | 0 |  | 63881 | 63881 |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds |  | 0 | 0 |  | 1163 | 1163 | 0 | 0 | 0 |  | 1163 | 1163 |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements |  | 0 | 0 |  | 380300 | 380300 | 0 | 0 | 0 |  | 380300 | 380300 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills |  | 0 | 0 |  | 118587 | 118587 | 0 | 0 | 0 |  | 118587 | 118587 |  |
|  |  |  |  |  |  |  | $ | 0 | 0 | $ | 4530743 | 4530743 | $8895 | 8895 | 8895 | $ | 4539638 | 4539638 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $ | 7177 | 7177 | $ | 0 | 0 | $0 | 0 | 0 | $ | 7177 | 7177 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $ | 7177 | 7177 | $ | 4530743 | 4530743 | $8895 | 8895 | 8895 | $ | 4546815 | 4546815 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |

---

------

<br> Consolidated Schedule of Investments PIMCO CommodityRealReturn Strategy Fund<sup>®</sup>(Cont.) June 30, 2025 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| U.S. Government Agencies | $0 | $(84198) | $0 | $(84198) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 6503 | 4249 | 0 | 10752 |
| Over the counter | 0 | 35318 | 1004 | 36322 |
|  | $6503 | $39567 | $1004 | $47074 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (4486) | (6274) | 0 | (10760) |
| Over the counter | 0 | (180965) | 0 | (180965) |
|  | $(4486) | $(187239) | $0 | $(191725) |
| Total Financial Derivative Instruments | $2017 | $(147672) | $1004 | $(144651) |
| Totals | $9194 | $4298873 | $9899 | $4317966 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 110.5% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.5%**  |  |  |
| **Bausch & Lomb Corp.**<br>8.571% (TSFR1M + 4.250%) due 06/26/2030 ~ | $1100 | $1103 |
| **BDO U.S.A PC**<br>9.316% (TSFR1M + 5.000%) due 08/31/2028 «~ | 1258 | 1262 |
| Total Loan Participations and Assignments (Cost $2,359) |  | 2365 |
| **CORPORATE BONDS & NOTES 55.8%**  |  |  |
| **BANKING & FINANCE 18.2%**  |  |  |
| **Alexandria Real Estate Equities, Inc.** <br>5.500% due 10/01/2035 | 1000 | 1012 |
| **Allstate Corp.** <br>7.526% due 08/15/2053 ~ | 300 | 300 |
| **Ally Financial, Inc.** <br>4.750% due 06/09/2027 | 1500 | 1509 |
| **American Homes 4 Rent LP** <br>3.375% due 07/15/2051 | 1000 | 662 |
| **Antares Holdings LP** <br>3.750% due 07/15/2027 | 250 | 240 |
| **Ares Capital Corp.** <br>7.000% due 01/15/2027 | 300 | 310 |
| **Ares Strategic Income Fund** <br>5.600% due 02/15/2030 | 200 | 199 |
| **Assured Guaranty U.S. Holdings, Inc.** <br>6.125% due 09/15/2028 | 200 | 210 |
| **Athene Global Funding**  |  |  |
| 5.322% due 11/13/2031  | 600 | 605 |
| 5.583% due 01/09/2029  | 400 | 411 |
| **Aviation Capital Group LLC**  |  |  |
| 1.950% due 09/20/2026  | 100 | 97 |
| 3.500% due 11/01/2027  | 1986 | 1936 |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 2600 | 2473 |
| **Bank of America Corp.** <br>4.948% due 07/22/2028 •  | 2900 | 2934 |
| **BGC Group, Inc.**  |  |  |
| 4.375% due 12/15/2025  | 100 | 100 |
| 6.150% due 04/02/2030  | 200 | 203 |
| 6.600% due 06/10/2029  | 100 | 104 |
| **Blue Owl Finance LLC** <br>3.125% due 06/10/2031 | 2100 | 1866 |
| **BNP Paribas SA** <br>7.375% due 06/11/2030 •(e)(f) | 800 | 1040 |
| **BPCE SA** <br>7.003% due 10/19/2034 •  | $2900 | 3187 |
| **Canary Wharf Group Investment Holdings PLC** <br>1.750% due 04/07/2026 | 1000 | 1162 |
| **Citadel LP** <br>6.000% due 01/23/2030 | $100 | 103 |
| **Citadel Securities Global Holdings LLC** <br>6.200% due 06/18/2035 | 250 | 257 |
| **Citibank NA** <br>5.570% due 04/30/2034 | 250 | 261 |
| **Corebridge Global Funding** <br>4.900% due 01/07/2028 | 100 | 102 |
| **CPI Property Group SA**  |  |  |
| 4.000% due 01/22/2028 þ  | 300 | 393 |
| 6.000% due 01/27/2032  | 1600 | 1920 |
| **Crown Castle, Inc.** <br>5.600% due 06/01/2029 | $2700 | 2788 |
| **EPR Properties**  |  |  |
| 4.500% due 06/01/2027  | 150 | 149 |
| 4.950% due 04/15/2028  | 200 | 200 |
| **Fairfax Financial Holdings Ltd.** <br>6.000% due 12/07/2033 | 50 | 52 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 3.375% due 11/13/2025  | 800 | 795 |
| 4.389% due 01/08/2026  | 1800 | 1792 |
| 5.800% due 03/05/2027  | 250 | 252 |
| 5.850% due 05/17/2027  | 1000 | 1008 |
| **GA Global Funding Trust** <br>5.400% due 01/13/2030 | 150 | 154 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **GLP** **Capital LP** <br>6.750% due 12/01/2033 | 400 | 428 |
| **Goldman Sachs Group, Inc.** <br>5.734% due 01/28/2056 •  | 600 | 600 |
| **HA Sustainable Infrastructure Capital, Inc.** <br>6.375% due 07/01/2034 | 900 | 901 |
| **HAT Holdings LLC**  |  |  |
| 3.375% due 06/15/2026  | 279 | 273 |
| 8.000% due 06/15/2027  | 270 | 282 |
| **Highwoods Realty LP** <br>4.200% due 04/15/2029 | 900 | 876 |
| **Hudson Pacific Properties LP** <br>4.650% due 04/01/2029 | 100 | 90 |
| **Intesa Sanpaolo SpA**  |  |  |
| 4.950% due 06/01/2042 •  | 600 | 486 |
| 6.625% due 06/20/2033  | 1700 | 1847 |
| 7.200% due 11/28/2033  | 1300 | 1460 |
| 7.700% due 09/17/2025 •(e)(f)  | 800 | 803 |
| **Invitation Homes Operating Partnership LP**  |  |  |
| 2.700% due 01/15/2034  | 600 | 496 |
| 4.875% due 02/01/2035  | 600 | 582 |
| 5.500% due 08/15/2033  | 2300 | 2337 |
| **Itau Unibanco Holding SA** <br>6.000% due 02/27/2030 | 800 | 821 |
| **JPMorgan Chase & Co.** <br>3.540% due 05/01/2028 •  | 6000 | 5913 |
| **Kennedy Wilson Europe Real Estate Ltd.** <br>3.250% due 11/12/2025 | 316 | 370 |
| **Kilroy Realty LP** <br>3.050% due 02/15/2030 | $1000 | 905 |
| **Ladder Capital Finance Holdings LLLP** <br>5.500% due 08/01/2030 (a) | 500 | 504 |
| **Lazard Group LLC** <br>6.000% due 03/15/2031 | 100 | 105 |
| **Lloyds Banking Group PLC** <br>6.068% due 06/13/2036 •  | 5900 | 6068 |
| **Mutual of Omaha Cos. Global Funding** <br>5.800% due 07/27/2026 | 50 | 51 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 1300 | 1376 |
| **Nomura Holdings, Inc.** <br>1.851% due 07/16/2025 | 900 | 899 |
| **Pacific Life Global Funding** <br>4.955% due 01/27/2028 ~ | 800 | 799 |
| **Piedmont Operating Partnership LP** <br>2.750% due 04/01/2032 | 800 | 667 |
| **RGA Global Funding** <br>5.500% due 01/11/2031 | 100 | 103 |
| **Rocket Mortgage LLC** <br>2.875% due 10/15/2026 (j) | 1800 | 1757 |
| **Sagax Euro Mtn NL BV** <br>1.000% due 05/17/2029 | 800 | 864 |
| **Santander Holdings USA, Inc.** <br>5.473% due 03/20/2029 •  | $100 | 102 |
| **SLM Corp.** <br>3.125% due 11/02/2026 | 2400 | 2354 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>5.632% due 01/15/2035 | 800 | 828 |
| **Thames SSNM** <br>9.750% due 10/10/2027 « | 42 | 54 |
| **UBS Group AG**  |  |  |
| 4.375% due 02/10/2031 •(e)(f)  | $2000 | 1773 |
| 4.988% due 08/05/2033 •  | 1400 | 1396 |
| 6.537% due 08/12/2033 •  | 600 | 653 |
| 9.016% due 11/15/2033 •  | 1900 | 2350 |
| 9.250% due 11/13/2028 •(e)(f)  | 2000 | 2188 |
| **UniCredit SpA** <br>7.500% due 06/03/2026 •(e)(f) | 800 | 979 |
| **Wells Fargo & Co.**  |  |  |
| 3.526% due 03/24/2028 •  | $200 | 197 |
| 5.198% due 01/23/2030 •  | 1000 | 1025 |
| **Welltower OP LLC** <br>4.500% due 12/01/2034 | 1100 | 1407 |
| **Weyerhaeuser Co.**  |  |  |
| 4.000% due 04/15/2030  | $2000 | 1952 |
| 4.000% due 03/09/2052  | 3025 | 2276 |
| 4.750% due 05/15/2026  | 600 | 601 |
|  |  | 83584 |
| **INDUSTRIALS 32.7%**  |  |  |
| **Algonquin Power & Utilities Corp.** <br>5.365% due 06/15/2026 | 400 | 402 |
| **Altice France SA** <br>5.125% due 07/15/2029 | 1060 | 877 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **American** **Airlines Pass-Through Trust**  |  |  |
| 3.200% due 12/15/2029  | 182 | 175 |
| 3.375% due 11/01/2028  | 150 | 146 |
| 3.575% due 07/15/2029  | 60 | 58 |
| 3.700% due 04/01/2028  | 92 | 91 |
| **American Builders & Contractors Supply Co., Inc.** <br>4.000% due 01/15/2028 | 1800 | 1762 |
| **Amgen, Inc.** <br>5.250% due 03/02/2033 | 2700 | 2766 |
| **Ardagh Metal Packaging Finance USA LLC** <br>2.000% due 09/01/2028 | 2200 | 2462 |
| **Ashtead Capital, Inc.** <br>5.950% due 10/15/2033 | $200 | 207 |
| **BCP V Modular Services Finance PLC** <br>4.750% due 11/30/2028 | 600 | 696 |
| **Block, Inc.** <br>3.500% due 06/01/2031 | $2600 | 2387 |
| **Boeing Co.**  |  |  |
| 3.950% due 08/01/2059  | 2350 | 1608 |
| 5.705% due 05/01/2040  | 300 | 297 |
| 5.805% due 05/01/2050  | 500 | 480 |
| 5.930% due 05/01/2060  | 500 | 476 |
| 6.528% due 05/01/2034  | 3200 | 3479 |
| **Booz Allen Hamilton, Inc.** <br>3.875% due 09/01/2028 | 3400 | 3299 |
| **Boparan Finance PLC** <br>9.375% due 11/07/2029 | 600 | 855 |
| **Boston Scientific Corp.** <br>2.650% due 06/01/2030 | $3641 | 3372 |
| **Broadcom, Inc.** <br>5.150% due 11/15/2031 | 100 | 103 |
| **Burberry Group PLC** <br>5.750% due 06/20/2030 | 200 | 275 |
| **CAB SELAS** <br>3.375% due 02/01/2028 (j) | 1323 | 1485 |
| **Cameron LNG LLC** <br>2.902% due 07/15/2031 | $1500 | 1363 |
| **Canadian Pacific Railway Co.** <br>2.450% due 12/02/2031 | 2100 | 1845 |
| **Carnival Corp.** <br>4.000% due 08/01/2028 | 5600 | 5484 |
| **Centene Corp.** <br>2.450% due 07/15/2028 | 2100 | 1952 |
| **Cerved Group SpA** <br>6.000% due 02/15/2029 | 400 | 457 |
| **CGI, Inc.** <br>1.450% due 09/14/2026 | $100 | 97 |
| **Chanel Ceres PLC** <br>1.000% due 07/31/2031 | 3100 | 3211 |
| **Cheniere Energy Partners LP**  |  |  |
| 3.250% due 01/31/2032 (j)  | $2300 | 2063 |
| 5.750% due 08/15/2034  | 1500 | 1541 |
| **Cheniere Energy, Inc.** <br>5.650% due 04/15/2034 | 1800 | 1844 |
| **Cheplapharm Arzneimittel GmbH**  |  |  |
| 7.125% due 06/15/2031 (a)  | 1200 | 1425 |
| 7.500% due 05/15/2030  | 1700 | 2047 |
| **Choice Hotels International, Inc.** <br>3.700% due 01/15/2031 | $550 | 510 |
| **Constellation Brands, Inc.** <br>2.250% due 08/01/2031 | 1800 | 1560 |
| **Coterra Energy, Inc.** <br>5.400% due 02/15/2035 | 400 | 396 |
| **Cox Communications, Inc.** <br>3.500% due 08/15/2027 | 800 | 785 |
| **Crowdstrike Holdings, Inc.** <br>3.000% due 02/15/2029 | 927 | 878 |
| **Diamondback Energy, Inc.** <br>5.400% due 04/18/2034 | 2000 | 2007 |
| **DT Midstream, Inc.** <br>5.800% due 12/15/2034 | 125 | 127 |
| **ELO SACA** <br>5.875% due 04/17/2028 | 2100 | 2370 |
| **Energy Transfer LP** <br>5.000% due 05/15/2044 | $1100 | 953 |
| **Enterprise Products Operating LLC** <br>4.950% due 02/15/2035 | 1000 | 997 |
| **Esercizi Aeroportuali SEA SpA** <br>3.500% due 10/09/2025 | 800 | 943 |
| **Essent Group Ltd.** <br>6.250% due 07/01/2029 | $100 | 104 |
| **Expand Energy Corp.** <br>5.700% due 01/15/2035 | 100 | 101 |
| **FirstEnergy Pennsylvania Electric Co.** <br>5.150% due 03/30/2026 | 100 | 100 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Fiserv** **, Inc.** <br>3.500% due 07/01/2029 | 2200 | 2120 |
| **Gartner, Inc.**  |  |  |
| 3.625% due 06/15/2029  | 1223 | 1164 |
| 3.750% due 10/01/2030  | 1200 | 1124 |
| **goeasy Ltd.** <br>9.250% due 12/01/2028 | 1800 | 1906 |
| **Grifols SA** <br>2.250% due 11/15/2027 | 1700 | 1958 |
| **HCA, Inc.**  |  |  |
| 3.500% due 09/01/2030  | $2700 | 2554 |
| 5.450% due 09/15/2034  | 100 | 101 |
| 5.950% due 09/15/2054  | 200 | 195 |
| **Hyundai Capital America**  |  |  |
| 5.500% due 03/30/2026  | 300 | 302 |
| 5.509% due 08/04/2025 •  | 300 | 300 |
| **IHO Verwaltungs GmbH (7.750% Cash or 8.500% PIK)** <br>7.750% due 11/15/2030 (b) | 1000 | 1027 |
| **Ingevity Corp.** <br>3.875% due 11/01/2028 | 1150 | 1098 |
| **International Distribution Services PLC** <br>7.375% due 09/14/2030 | 2500 | 3609 |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 | $1125 | 1095 |
| **Las Vegas Sands Corp.** <br>3.900% due 08/08/2029 | 3200 | 3049 |
| **Leidos, Inc.** <br>2.300% due 02/15/2031 | 3800 | 3327 |
| **Mahle GmbH** <br>2.375% due 05/14/2028 | 400 | 449 |
| **Manuchar Group SARL** <br>7.250% due 06/30/2027 | 800 | 961 |
| **Market Bidco Finco PLC** <br>4.750% due 11/04/2027 | 1900 | 2233 |
| **Mars, Inc.** <br>4.800% due 03/01/2030 | $600 | 608 |
| **Marvell Technology, Inc.**  |  |  |
| 5.450% due 07/15/2035  | 1800 | 1813 |
| 5.750% due 02/15/2029  | 70 | 73 |
| **Mattel, Inc.** <br>3.375% due 04/01/2026 | 2500 | 2469 |
| **Mileage Plus Holdings LLC** <br>6.500% due 06/20/2027 | 40 | 40 |
| **MSCI, Inc.** <br>3.625% due 11/01/2031 | 3800 | 3504 |
| **NetApp, Inc.** <br>5.500% due 03/17/2032 | 100 | 103 |
| **Newfold Digital Holdings Group, Inc.** <br>11.750% due 10/15/2028 « | 500 | 377 |
| **Occidental Petroleum Corp.**  |  |  |
| 5.000% due 08/01/2027  | 100 | 101 |
| 5.200% due 08/01/2029  | 100 | 100 |
| **Opal Bidco SAS** <br>5.500% due 03/31/2032 | 2000 | 2409 |
| **Organon & Co.** <br>2.875% due 04/30/2028 | 2000 | 2302 |
| **Permian Resources Operating LLC**  |  |  |
| 5.375% due 01/15/2026  | $600 | 601 |
| 6.250% due 02/01/2033  | 1700 | 1717 |
| **Pinnacle Bidco PLC** <br>8.250% due 10/11/2028 | 700 | 867 |
| **PRA Health Sciences, Inc.** <br>2.875% due 07/15/2026 | $1000 | 976 |
| **Royal Caribbean Cruises Ltd.**  |  |  |
| 4.250% due 07/01/2026  | 1700 | 1692 |
| 5.500% due 04/01/2028  | 1400 | 1418 |
| **Schlumberger Holdings Corp.** <br>5.000% due 06/01/2034 | 1800 | 1780 |
| **Sealed Air Corp.** <br>1.573% due 10/15/2026 | 1300 | 1245 |
| **Silgan Holdings, Inc.** <br>1.400% due 04/01/2026 | 900 | 876 |
| **Spirit Airlines Pass-Through Trust** <br>4.100% due 10/01/2029 | 196 | 180 |
| **Stryker Corp.** <br>1.000% due 12/03/2031 | 1600 | 1654 |
| **Synopsys, Inc.** <br>5.000% due 04/01/2032 | $3300 | 3344 |
| **Synthos SA** <br>2.500% due 06/07/2028 (j) | 1100 | 1225 |
| **Teva Pharmaceutical Finance Netherlands BV**  |  |  |
| 3.150% due 10/01/2026  | $707 | 694 |
| 5.750% due 12/01/2030  | 700 | 713 |
| 8.125% due 09/15/2031  | 600 | 680 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 42 | 63 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Thames** **Water Utilities Finance PLC** <br>1.250% due 01/31/2034 | 1000 | 760 |
| **Thames Water Utilities Ltd.** <br>0.000% due 03/22/2027 (c) | 6 | 7 |
| **TopBuild Corp.** <br>4.125% due 02/15/2032 | $1100 | 1021 |
| **Ubisoft Entertainment SA** <br>0.878% due 11/24/2027 | 900 | 957 |
| **United Airlines Pass-Through Trust**  |  |  |
| 5.800% due 07/15/2037  | $573 | 587 |
| 5.875% due 04/15/2029  | 40 | 41 |
| **United Airlines, Inc.** <br>4.375% due 04/15/2026 | 1200 | 1193 |
| **United Rentals North America, Inc.** <br>3.875% due 11/15/2027 | 2600 | 2547 |
| **UnitedHealth Group, Inc.** <br>5.150% due 07/15/2034 | 2300 | 2324 |
| **Vail Resorts, Inc.** <br>5.625% due 07/15/2030 (a) | 400 | 402 |
| **Var Energi ASA** <br>8.000% due 11/15/2032 | 700 | 794 |
| **Venture Global Calcasieu Pass LLC**  |  |  |
| 3.875% due 08/15/2029  | 2000 | 1887 |
| 3.875% due 11/01/2033  | 1125 | 985 |
| 4.125% due 08/15/2031  | 1300 | 1204 |
| **Vmed O2 U.K. Financing PLC** <br>5.625% due 04/15/2032 | 2700 | 3267 |
| **Volkswagen Group of America Finance LLC** <br>5.050% due 03/27/2028 | $400 | 402 |
| **Williams Cos., Inc.** <br>5.150% due 03/15/2034 | 2400 | 2396 |
| **Woodside Finance Ltd.** <br>6.000% due 05/19/2035 | 200 | 204 |
| **Yorkshire Water Finance PLC** <br>6.375% due 11/18/2034 | 2300 | 3263 |
| **ZF Europe Finance BV** <br>6.125% due 03/13/2029 (j) | 700 | 811 |
|  |  | 150166 |
| **UTILITIES 4.9%**  |  |  |
| **Anglian Water Osprey Financing PLC** <br>4.000% due 03/08/2026 | 1300 | 1765 |
| **CMS Energy Corp.** <br>2.950% due 02/15/2027 | $100 | 98 |
| **Constellation Energy Generation LLC** <br>6.125% due 01/15/2034 | 1800 | 1940 |
| **Edison International**  |  |  |
| 6.250% due 03/15/2030  | 300 | 305 |
| 6.950% due 11/15/2029  | 100 | 104 |
| **EP Infrastructure AS**  |  |  |
| 1.698% due 07/30/2026  | 800 | 932 |
| 1.816% due 03/02/2031  | 100 | 106 |
| 2.045% due 10/09/2028  | 100 | 113 |
| **FirstEnergy Corp.** <br>2.250% due 09/01/2030 | $1700 | 1510 |
| **Gazprom PJSC Via Gaz Finance PLC** <br>2.950% due 01/27/2029 | 1500 | 1072 |
| **Lorca Telecom Bondco SA** <br>5.750% due 04/30/2029 | 1900 | 2341 |
| **ONEOK, Inc.** <br>5.550% due 11/01/2026 | $1500 | 1521 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.500% due 02/01/2031  | 400 | 347 |
| 3.300% due 12/01/2027  | 200 | 194 |
| 3.950% due 12/01/2047  | 1200 | 848 |
| 4.550% due 07/01/2030  | 400 | 391 |
| **San Diego Gas & Electric Co.** <br>5.400% due 04/15/2035 | 1400 | 1430 |
| **Southern California Edison Co.** <br>1.200% due 02/01/2026 | 1100 | 1072 |
| **TDC Net AS** <br>5.186% due 08/02/2029 | 2100 | 2590 |
| **United Utilities Water Finance PLC** <br>3.500% due 02/27/2033 | 1900 | 2225 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Vistra** **Operations Co. LLC** <br>6.950% due 10/15/2033 | $1307 | 1436 |
|  |  | 22340 |
| Total Corporate Bonds & Notes (Cost $248,893) |  | 256090 |
| **CONVERTIBLE BONDS & NOTES 0.5%**  |  |  |
| **INDUSTRIALS 0.5%**  |  |  |
| **ams-OSRAM AG** <br>2.125% due 11/03/2027 | 2200 | 2446 |
| Total Convertible Bonds & Notes (Cost $2,316) |  | 2446 |
| **U.S. GOVERNMENT AGENCIES 6.5%**  |  |  |
| **Freddie Mac**<br>5.992% due 11/25/2055 «~ | $351 | 228 |
| **Ginnie Mae, TBA**<br>6.000% due 08/01/2055 | 700 | 710 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 05/01/2052 | 177 | 154 |
| 4.000% due 11/01/2053 | 957 | 890 |
| 4.500% due 07/01/2052 - 01/01/2053 | 13240 | 12694 |
| 5.000% due 08/01/2052 - 08/01/2053 | 2587 | 2548 |
| **Uniform Mortgage-Backed Security, TBA**<br>5.000% due 07/01/2055 - 08/01/2055 | 12900 | 12641 |
| Total U.S. Government Agencies (Cost $29,116) |  | 29865 |
| **U.S. TREASURY OBLIGATIONS 3.3%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 4.625% due 02/15/2055 | 5098 | 4964 |
| **U.S. Treasury Notes**  |  |  |
| 4.125% due 10/31/2029 (l)(n) | 9900 | 10044 |
| Total U.S. Treasury Obligations (Cost $14,877) |  | 15008 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.2%**  |  |  |
| **American Home Mortgage Investment Trust** <br>6.460% due 11/25/2045 •  | 30 | 11 |
| **Banc of America Funding Trust**  |  |  |
| 4.750% due 09/20/2047 ~  | 263 | 229 |
| 7.000% due 10/25/2037  | 103 | 74 |
| **Banc of America Mortgage Trust** <br>4.073% due 10/25/2035 ~ | 319 | 258 |
| **BCAP LLC Trust**  |  |  |
| 4.874% due 05/25/2047 •  | 91 | 83 |
| 6.000% due 07/26/2037 ~  | 72 | 65 |
| **Bear Stearns ALT-A Trust** <br>4.037% due 04/25/2037 ~ | 254 | 176 |
| **BX Commercial Mortgage Trust** <br>5.325% due 02/15/2039 •  | 265 | 265 |
| **Chase Mortgage Finance Trust** <br>5.579% due 09/25/2036 ~ | 44 | 40 |
| **CIM Trust** <br>5.000% due 05/25/2062 ~ | 599 | 601 |
| **Citigroup Mortgage Loan Trust** <br>6.000% due 11/25/2036 | 16 | 17 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.622% due 09/20/2046 •  | 45 | 47 |
| 4.734% due 06/25/2035 •  | 231 | 148 |
| 4.814% due 07/25/2046 •  | 40 | 42 |
| 4.814% due 09/25/2046 •  | 195 | 190 |
| 4.834% due 04/25/2035 •  | 216 | 166 |
| 5.054% due 11/25/2035 •  | 86 | 82 |
| 5.734% due 10/25/2035 •  | 122 | 84 |
| 5.750% due 07/25/2035  | 91 | 56 |
| 6.000% due 08/25/2036 •  | 201 | 114 |
| 6.000% due 05/25/2037  | 594 | 246 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.157% due 09/25/2037 ~  | 56 | 51 |
| 5.750% due 07/25/2037  | 83 | 39 |
| 6.000% due 10/25/2034  | 3 | 3 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 2.000% due 01/25/2060  | 603 | 531 |
| 4.307% due 12/29/2037 ~  | 3574 | 1856 |
| 6.000% due 07/25/2036  | 581 | 268 |
| **DBGS Mortgage Trust** <br>5.821% due 10/15/2036 •  | 1000 | 991 |
| **Deutsche Alt-A Securities Mortgage Loan Trust**  |  |  |
| 4.584% due 02/25/2047 •  | 1593 | 894 |
| 4.634% due 08/25/2037 •  | 20 | 17 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 4.706% due 08/25/2035 ~  | 49 | 41 |
| 6.000% due 05/25/2036  | 6 | 2 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **IndyMac** **IMJA Mortgage Loan Trust** <br>6.250% due 11/25/2037 | 254 | 100 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.961% due 11/25/2035 ~  | 218 | 207 |
| 4.380% due 05/25/2037 ~  | 76 | 65 |
| 4.934% due 02/25/2037 •  | 199 | 132 |
| **LUX** <br>7.002% due 08/15/2040 •  | 500 | 504 |
| **MASTR Adjustable Rate Mortgages Trust** <br>7.059% due 11/25/2034 ~ | 57 | 56 |
| **Merrill Lynch Alternative Note Asset Trust** <br>4.654% due 03/25/2037 •  | 1736 | 409 |
| **Morgan Stanley Mortgage Loan Trust** <br>3.368% due 11/25/2037 ~ | 241 | 168 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.061% due 12/26/2034 ~  | 214 | 72 |
| 4.784% due 08/25/2035 •  | 292 | 235 |
| 5.436% due 07/25/2035 ~  | 13 | 12 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>6.000% due 10/25/2036 | 11 | 9 |
| **VASA Trust** <br>5.326% due 07/15/2039 •  | 500 | 486 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.351% due 12/25/2036 ~  | 89 | 81 |
| 5.197% due 07/25/2047 •  | 50 | 43 |
| Total Non-Agency Mortgage-Backed Securities (Cost $12,595) |  | 10266 |
| **ASSET-BACKED SECURITIES 2.9%**  |  |  |
| **CMBS OTHER 0.1%**  |  |  |
| **AREIT Trust** <br>6.426% due 08/17/2041 •  | 490 | 491 |
| **HOME EQUITY OTHER 2.4%**  |  |  |
| **ABFC Trust**  |  |  |
| 5.434% due 06/25/2037 •  | 256 | 214 |
| 5.484% due 03/25/2034 •  | 368 | 359 |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.259% due 12/25/2045 •  | 463 | 354 |
| **Bear Stearns Asset-Backed Securities Trust** <br>6.234% due 07/25/2034 •  | 88 | 96 |
| **Citigroup Mortgage Loan Trust** <br>4.754% due 12/25/2036 •  | 843 | 462 |
| **GSAMP Trust**  |  |  |
| 4.554% due 12/25/2036 •  | 384 | 191 |
| 4.894% due 12/25/2046 •  | 325 | 161 |
| **HSI Asset Securitization Corp. Trust** <br>5.214% due 11/25/2035 •  | 528 | 491 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.654% due 08/25/2036 •  | 463 | 170 |
| 4.734% due 08/25/2036 •  | 1048 | 384 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.564% due 01/25/2037 •  | 3127 | 1185 |
| 4.574% due 10/25/2036 •  | 599 | 261 |
| 4.584% due 10/25/2036 •  | 1512 | 783 |
| 4.584% due 12/25/2036 •  | 83 | 41 |
| 4.734% due 06/25/2036 •  | 132 | 114 |
| 4.894% due 09/25/2036 •  | 669 | 289 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.465% due 09/25/2046 þ | 984 | 321 |
| **New Century Home Equity Loan Trust** <br>7.434% due 01/25/2033 •  | 42 | 36 |
| **People's Financial Realty Mortgage Securities Trust** <br>4.574% due 09/25/2036 •  | 3384 | 835 |
| **Renaissance Home Equity Loan Trust** <br>5.879% due 06/25/2037 | 2099 | 541 |
| **Residential Asset Mortgage Products Trust** <br>4.894% due 12/25/2035 •  | 940 | 783 |
| **Residential Asset Securities Corp. Trust** <br>5.314% due 08/25/2034 •  | 120 | 120 |
| **SG Mortgage Securities Trust** <br>4.794% due 02/25/2036 •  | 981 | 483 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 5.559% due 01/25/2035 •  | 1024 | 885 |
| 5.814% due 04/25/2033 •  | 35 | 36 |
| 6.009% due 01/25/2035 •  | 1102 | 912 |
| 6.159% due 01/25/2035 •  | 1034 | 516 |
|  |  | 11023 |
| **WHOLE LOAN COLLATERAL 0.4%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>4.784% due 12/25/2035 •  | 233 | 112 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Lehman** **XS Trust** <br>4.744% due 03/25/2037 •  | 512 | 476 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.934% due 03/25/2036 •  | 1148 | 718 |
| 4.934% due 05/25/2036 •  | 686 | 354 |
|  |  | 1660 |
| Total Asset-Backed Securities (Cost $15,805) |  | 13174 |
| **SOVEREIGN ISSUES 2.8%**  |  |  |
| **Argentina Government International Bond** <br>3.500% due 07/09/2041 | 685 | 426 |
| **Australia Government International Bond** <br>1.000% due 11/21/2031 | 900 | 502 |
| **Japan Government International Bond**  |  |  |
| 2.000% due 12/20/2044  | 190000 | 1249 |
| 2.200% due 03/20/2064  | 78000 | 436 |
| 2.400% due 03/20/2045  | 103600 | 724 |
| 2.400% due 03/20/2055  | 10000 | 64 |
| **Mexican Udibonos**  |  |  |
| 3.000% due 12/03/2026 (d)  | 1360 | 71 |
| 4.000% due 11/30/2028 (d)  | 12751 | 666 |
| **Peru Government International Bond**  |  |  |
| 5.400% due 08/12/2034  | 5900 | 1577 |
| 6.150% due 08/12/2032  | 1109 | 324 |
| 6.950% due 08/12/2031  | 1673 | 514 |
| 7.300% due 08/12/2033  | 3500 | 1078 |
| **Republic of South Africa Government International Bond**  |  |  |
| 7.100% due 11/19/2036  | $400 | 397 |
| 8.500% due 01/31/2037  | 12000 | 590 |
| 8.875% due 02/28/2035  | 58820 | 3102 |
| **Romania Government International Bond** <br>5.250% due 03/10/2030 | 400 | 482 |
| **United Kingdom Gilt** <br>4.375% due 07/31/2054 | 603 | 717 |
| Total Sovereign Issues (Cost $12,534) |  | 12919 |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **FINANCIALS 0.0%**  |  |  |
| **Intelsat Emergence SA «(h)** | 937 | 32 |
| Total Common Stocks (Cost $85) |  | 32 |
| **WARRANTS 0.0%**  |  |  |
| **ENERGY 0.0%**  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(h)** | 1 | 0 |
| **INFORMATION TECHNOLOGY 0.0%**  |  |  |
| **Cineworld Group PLC - Exp. 11/23/2025 «(h)** | 5979 | 0 |
| Total Warrants (Cost $0) |  | 0 |
| **PREFERRED SECURITIES 0.2%**  |  |  |
| **BANKING & FINANCE 0.2%**  |  |  |
| **JPMorgan Chase & Co.**<br>6.500% due 04/01/2030 •(e) | 700000 | 723 |
| Total Preferred Securities (Cost $700) |  | 723 |
| **SHORT-TERM INSTRUMENTS 35.8%**  |  |  |
| **MUTUAL FUNDS 0.6%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (g) | 2887549 | 2887 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **REPURCHASE AGREEMENTS (i) 35.2%** |  | 161398 |
| Total Short-Term Instruments (Cost $164,285) |  | 164285 |
| Total Investments in Securities (Cost $503,565) |  | 507173 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 7.3%**  |  |  |
| **SHORT-TERM INSTRUMENTS 7.3%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 7.3%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 3458324 | 33674 |
| Total Short-Term Instruments (Cost $33,665) |  | 33674 |
| Total Investments in Affiliates (Cost $33,665) |  | 33674 |
| Total Investments 117.8% (Cost $537,230) |  | $540847 |
| **Financial Derivative Instruments (k)(m) (0.4)**%(Cost or Premiums, net $7,241) |  | (1826) |
| Other Assets and Liabilities, net (17.4)% |  | (79946) |
| Net Assets 100.0% |  | $459075 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(f)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(g)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(h)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description |  | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Cineworld Group PLC - Exp. 11/23/2025 | Cineworld Group PLC - Exp. 11/23/2025 | Cineworld Group PLC - Exp. 11/23/2025 | Cineworld Group PLC - Exp. 11/23/2025 |  | 12/21/2020 | 12/21/2020 | 0 | 0 | 0 | $ | 0 | 0 | 0.00 |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 |  | 6/10/2022 | 6/10/2022 | 0 | 0 | 0 |  | 0 | 0 | 0.00 |
| Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA |  | 11/12/2019 - 02/23/2024 | 11/12/2019 - 02/23/2024 | 85 | 85 | 85 |  | 32 | 32 | 0.01 |
|  |  |  |  |  |  | $ | 85 | 85 | $ | $ | 32 | 32 | 0.01%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(i)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | 4.140%  | 08/01/2025 | 2118 | &nbsp;&nbsp; Meritage Homes Corp. 3.875% due 04/15/2029 | &nbsp;&nbsp; Meritage Homes Corp. 3.875% due 04/15/2029 | &nbsp;&nbsp; Meritage Homes Corp. 3.875% due 04/15/2029 | &nbsp;&nbsp; Meritage Homes Corp. 3.875% due 04/15/2029 | &nbsp;&nbsp; Meritage Homes Corp. 3.875% due 04/15/2029 | (2139) | (2139) | 2118 | 2118 | $2120 |
|  | 4.440  | 07/01/2025 | 12500 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | (12770) | (12770) | 12500 | 12500 | 12501 |
|  | 4.450  | 07/01/2025 | 72900 | &nbsp;&nbsp; U.S. Treasury Notes 4.375% due 11/30/2028 | &nbsp;&nbsp; U.S. Treasury Notes 4.375% due 11/30/2028 | &nbsp;&nbsp; U.S. Treasury Notes 4.375% due 11/30/2028 | &nbsp;&nbsp; U.S. Treasury Notes 4.375% due 11/30/2028 | &nbsp;&nbsp; U.S. Treasury Notes 4.375% due 11/30/2028 | (74519) | (74519) | 72900 | 72900 | 72909 |
| BPS | 4.430  | 07/02/2025 | 70200 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 0.375% due 07/31/2027 | (71637) | (71637) | 70200 | 70200 | 70200 |
| BRC | 4.130  | 08/01/2025 | 1998 | &nbsp;&nbsp; Meritage Homes Corp. 5.650% due 03/15/2035 | &nbsp;&nbsp; Meritage Homes Corp. 5.650% due 03/15/2035 | &nbsp;&nbsp; Meritage Homes Corp. 5.650% due 03/15/2035 | &nbsp;&nbsp; Meritage Homes Corp. 5.650% due 03/15/2035 | &nbsp;&nbsp; Meritage Homes Corp. 5.650% due 03/15/2035 | (2043) | (2043) | 1998 | 1998 | 2000 |
| RDR | 4.150  | 08/01/2025 | 1682 | &nbsp;&nbsp; General Motors Co. 6.800% due 10/01/2027 | &nbsp;&nbsp; General Motors Co. 6.800% due 10/01/2027 | &nbsp;&nbsp; General Motors Co. 6.800% due 10/01/2027 | &nbsp;&nbsp; General Motors Co. 6.800% due 10/01/2027 | &nbsp;&nbsp; General Motors Co. 6.800% due 10/01/2027 | (1694) | (1694) | 1682 | 1682 | 1684 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  | **(164802)** | **(164802)** | **161398** | **161398** | $**161414** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Maturity Date | Maturity Date | Maturity Date |  | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOS | BOS | BOS | 4.300%  | 4.300%  | 08/01/2025 | 08/01/2025 | 08/01/2025 | $ | (1965) | (1965) | (1965) | (1967) | (1967) |
| BRC | BRC | BRC | 1.250  | 1.250  | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | EUR | (378) | (378) | (378) | (446) | (446) |
|  |  |  | 1.350  | 1.350  | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (487) | (487) | (487) | (574) | (574) |
|  |  |  | 1.400  | 1.400  | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (501) | (501) | (501) | (591) | (591) |
| JML | JML | JML | 1.350  | 1.350  | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (585) | (585) | (585) | (689) | (689) |
| JPS | JPS | JPS | 4.300  | 4.300  | 08/01/2025 | 08/01/2025 | 08/01/2025 | $ | (1317) | (1317) | (1317) | (1318) | (1318) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  | **(5585)** | **(5585)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% | Corporate Bonds & Notes (1.3)% |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (1.3)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Motors Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Motors Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Motors Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Motors Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; General Motors Co.  | 6.800% | 10/01/2027 | $ | $1600 | 1600 | $ | (1677) | (1677) | $(1694) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | 3.875 | 04/15/2029 |  | 2200 | 2200 |  | (2089) | (2089) | (2140) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Meritage Homes Corp.  | 5.650 | 03/15/2035 |  | 2000 | 2000 |  | (1998) | (1998) | (2043) |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** | **Total Short Sales (1.3)%** |  |  |  |  |  | **$** | **(5764)** | **$** | **(5877)** |
| **(j)** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $6,079 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(8299) at a weighted average interest rate of 3.571%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Cost | Cost | Cost | Market<br>Value | Market<br>Value |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | $97.500 | 97.500 | 97.500 | 06/12/2026 | 06/12/2026 | 110 | $275 | 275 | 86 | 86 | 86 | 47 | 47 |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | 98.000 | 98.000 | 98.000 | 06/12/2026 | 06/12/2026 | 114 | 285 | 285 | 56 | 56 | 56 | 28 | 28 |
|  |  |  |  |  |  |  |  |  |  |  | $ | $142 | 142 | 142 | 75 | 75 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **$** | $**142** | **142** | **142** | **75** | **75** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 6 | 6 | $6  | 6  | (1) | (1) | (1) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 6 | 6 | 6 | 6 | (2) | (2) | (2) | (2) | (2) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 2 | 2 | 2 | 2 | (1) | (1) | (1) | (1) | (1) |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 2 | 2 | 2 | 2 | (1) | (1) | (1) | (1) | (1) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 2 | 2 | 2 | 2 | (1) | (1) | (1) | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | $ | $(6) | (6) | (6) | (5) | (5) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 7 | $7 | 7 | (2) | (2) | (2) | 0 | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 13 | 13 | 13 | (6) | (6) | (6) | 0 | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (2) | (2) | (2) | (1) | (1) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (2) | (2) | (2) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 20 | 20 | 20 | (8) | (8) | (8) | (11) | (11) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (2) | (2) | (2) | (3) | (3) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (2) | (2) | (2) | (5) | (5) |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | 98.500 | 98.500 | 98.500 | 06/12/2026 | 06/12/2026 | 110 | 275 | 275 | (30) | (30) | (30) | (15) | (15) |
|  |  |  |  |  |  |  |  |  |  |  | $ | $(54) | (54) | (54) | (36) | (36) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(60)** | **(60)** | **(60)** | **(41)** | **(41)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Liability | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2026 | 156 | 156 | $37569 | 37569 | 37569 |  | $74 | 74 | 74 | $ | $8 | 8 | $0 | 0 |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2027 | 154 | 154 | 37333 | 37333 | 37333 |  | 293 | 293 | 293 |  | 13 | 13 | 0 | 0 |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2028 | 201 | 201 | 48634 | 48634 | 48634 |  | 444 | 444 | 444 |  | 15 | 15 | 0 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2025 | 324 | 324 | 77489 | 77489 | 77489 |  | (207) | (207) | (207) |  | 0 | 0 | (6) | (6) |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2026 | 556 | 556 | 134580 | 134580 | 134580 |  | 931 | 931 | 931 |  | 49 | 49 | 0 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2027 | 194 | 194 | 46999 | 46999 | 46999 |  | 385 | 385 | 385 |  | 14 | 14 | 0 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 556 | 556 | 134274 | 134274 | 134274 |  | 618 | 618 | 618 |  | 42 | 42 | 0 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2027 | 154 | 154 | 37328 | 37328 | 37328 |  | 293 | 293 | 293 |  | 12 | 12 | 0 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2026 | 34 | 34 | 8239 | 8239 | 8239 |  | (3) | (3) | (3) |  | 3 | 3 | 0 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2027 | 323 | 323 | 78202 | 78202 | 78202 |  | 720 | 720 | 720 |  | 24 | 24 | 0 | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 3 | 3 | 460 | 460 | 460 |  | (4) | (4) | (4) |  | 0 | 0 | (1) | (1) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 153 | 153 | 31828 | 31828 | 31828 |  | 123 | 123 | 123 |  | 8 | 8 | 0 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 714 | 714 | 77826 | 77826 | 77826 |  | 879 | 879 | 879 |  | 95 | 95 | 0 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 96 | 96 | 10764 | 10764 | 10764 |  | 183 | 183 | 183 |  | 30 | 30 | 0 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 79 | 79 | 9027 | 9027 | 9027 |  | 200 | 200 | 200 |  | 38 | 38 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 2 |  | 238 | 238 | 7 | 7 | 7 | 7 | 3 | 3 | 3 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 4936 | 4936 | 4936 | $ | 354 | 354 | $ | (7) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 09/2025 | 145 | $ | (20100) | (20100) | $79 | 79 | 79 | 79 | 43 | 43 | 43 | (14) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **5015** | **5015** | **5015** | **$** | **397** | **397** | **$** | **(21)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| Air France-KLM  | (5.000)% | Quarterly | 12/20/2029 | 1.697 | 1.697 | % | EUR | 1700 | 1700 | (210) | $ | (68) | $ | (278) | (278) | (278) | 0 | 0 | (2) |
| Beazer Homes USA, Inc.  | (5.000) | Quarterly | 12/20/2029 | 3.187 | 3.187 |  | $ | $3900 | 3900 | (364) |  | 85 |  | (279) | (279) | (279) | 0 | 0 | (5) |
| Ford Motor Co.  | (5.000) | Quarterly | 12/20/2029 | 1.710 | 1.710 |  |  | 7300 | 7300 | (1023) |  | 55 |  | (968) | (968) | (968) | 0 | 0 | (6) |
| General Motors Co.  | (5.000) | Quarterly | 12/20/2029 | 1.129 | 1.129 |  |  | 4100 | 4100 | (698) |  | 46 |  | (652) | (652) | (652) | 0 | 0 | (5) |
| General Motors Co.  | (5.000) | Quarterly | 06/20/2030 | 1.225 | 1.225 |  |  | 2300 | 2300 | (327) |  | (63) |  | (390) | (390) | (390) | 0 | 0 | (5) |
| Jaguar Land Rover Automotive  | (5.000) | Quarterly | 12/20/2029 | 2.068 | 2.068 |  | EUR | 2600 | 2600 | (323) |  | (50) |  | (373) | (373) | (373) | 0 | 0 | (1) |
| KB Home  | (5.000) | Quarterly | 12/20/2029 | 1.486 | 1.486 |  | $ | $3600 | 3600 | (538) |  | 23 |  | (515) | (515) | (515) | 0 | 0 | 0 |
| Laxness AG  | (1.000) | Quarterly | 12/20/2029 | 1.445 | 1.445 |  | EUR | 2000 | 2000 | 48 |  | (5) |  | 43 | 43 | 43 | 0 | 0 | 0 |
| Lennar Corp.  | (5.000) | Quarterly | 12/20/2029 | 0.862 | 0.862 |  | $ | $2000 | 2000 | (375) |  | 33 |  | (342) | (342) | (342) | 0 | 0 | (1) |
| Macy's Retail Holdings LLC  | (1.000) | Quarterly | 06/20/2030 | 2.973 | 2.973 |  |  | 2300 | 2300 | 279 |  | (87) |  | 192 | 192 | 192 | 0 | 0 | (4) |
| PulteGroup, Inc.  | (5.000) | Quarterly | 12/20/2029 | 0.779 | 0.779 |  |  | 2000 | 2000 | (375) |  | 26 |  | (349) | (349) | (349) | 0 | 0 | (1) |
| Stellantis NV  | (5.000) | Quarterly | 12/20/2029 | 1.601 | 1.601 |  | EUR | 950 | 950 | (155) |  | (5) |  | (160) | (160) | (160) | 2 | 2 | 0 |
| Target Corp.  | (1.000) | Quarterly | 06/20/2030 | 0.476 | 0.476 |  | $ | $4300 | 4300 | (88) |  | (16) |  | (104) | (104) | (104) | 0 | 0 | (1) |
| Toll Brothers Finance Corp.  | (1.000) | Quarterly | 12/20/2029 | 0.834 | 0.834 |  |  | 2000 | 2000 | (18) |  | 4 |  | (14) | (14) | (14) | 0 | 0 | 0 |
| Whirlpool Corp.  | (1.000) | Quarterly | 12/20/2029 | 1.539 | 1.539 |  |  | 6000 | 6000 | 31 |  | 97 |  | 128 | 128 | 128 | 0 | 0 | (13) |
| Whirlpool Corp.  | (1.000) | Quarterly | 06/20/2030 | 1.659 | 1.659 |  |  | 2200 | 2200 | 116 |  | (53) |  | 63 | 63 | 63 | 0 | 0 | (7) |
|  |  |  |  |  |  |  |  |  |  | $(4020) | (4020) | 22 | 22 | $(3998) | (3998) | (3998) | $2 | 2 | $(51) |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| AT&T, Inc.  | 1.000% | Quarterly | 06/20/2027 | 0.374 | 0.374 | % | $ | $100 | 100 | (1) | $ | 2 | $ | 1 | 1 | 1 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | Quarterly | 06/20/2028 | 0.431 | 0.431 |  |  | 400 | 400 | (2) |  | 9 |  | 7 | 7 | 7 | 0 | 0 | 0 |
| Goldman Sachs Group, Inc.  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 0.321 |  |  | 800 | 800 | 5 |  | 0 |  | 5 | 5 | 5 | 0 | 0 | 0 |
| Rolls-Royce PLC  | 1.000 | Quarterly | 12/20/2025 | 0.107 | 0.107 |  | EUR | 600 | 600 | 4 |  | (1) |  | 3 | 3 | 3 | 0 | 0 | 0 |
| T-Mobile USA, Inc.  | 5.000 | Quarterly | 06/20/2028 | 0.263 | 0.263 |  | $ | $100 | 100 | 17 |  | (3) |  | 14 | 14 | 14 | 0 | 0 | 0 |
| Telefonica Europe BV  | 1.000 | Quarterly | 06/20/2030 | 0.713 | 0.713 |  | EUR | 3900 | 3900 | 62 |  | 0 |  | 62 | 62 | 62 | 6 | 6 | 0 |
| Verizon Communications, Inc.  | 1.000 | Quarterly | 12/20/2028 | 0.462 | 0.462 |  | $ | $200 | 200 | (1) |  | 5 |  | 4 | 4 | 4 | 0 | 0 | 0 |
| Électricité de France SA  | 1.000 | Quarterly | 06/20/2030 | 0.763 | 0.763 |  | EUR | 3900 | 3900 | 36 |  | 17 |  | 53 | 53 | 53 | 3 | 3 | 0 |
|  |  |  |  |  |  |  |  |  |  | $120 | 120 | 29 | 29 | $149 | 149 | 149 | $9 | 9 | $0 |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> |  | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Liability |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000% | Quarterly | 06/20/2030 | 06/20/2030 | 13300 | $ | 862 | 159 | 1021 | 1021 | 47 | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | Quarterly | 06/20/2030 | 06/20/2030 | 190000 |  | 3709 | 557 | 4266 | 4266 | 105 | 0 |
|  |  |  |  |  |  |  |  | $ | 4571 | 716 | 5287 | 5287 | 152 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Liability |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | Annual | 03/19/2030 | 9510 | 9510 | $(259) | $141 | $(118) | (118) | $0 | $(1) |
| Receive | Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | Annual | 03/19/2035 | 1100 | 1100 | 68 | (6) | 62 | 62 | 1 | 0 |
| Receive | Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | Annual | 03/19/2055 | 400 | 400 | 48 | 17 | 65 | 65 | 1 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2030 | $5300 | 5300 | 76 | (33) | 43 | 43 | 0 | (9) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2029 | 54500 | 54500 | 816 | (1532) | (716) | (716) | 0 | (69) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | 03/04/2030 | 500 | 500 | (1) | (8) | (9) | (9) | 0 | (1) |
| Receive<sup>(6)</sup> | Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 6162 | 6162 | (6) | (88) | (94) | (94) | 0 | (16) |
| Receive<sup>(6)</sup> | Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 | 3950 | 3950 | (12) | (67) | (79) | (79) | 0 | (15) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.901 | Annual | 02/15/2035 | 400 | 400 | 0 | (7) | (7) | (7) | 0 | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.908 | Annual | 03/04/2035 | 300 | 300 | (1) | (4) | (5) | (5) | 0 | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.899 | Annual | 03/11/2035 | 300 | 300 | (1) | (4) | (5) | (5) | 0 | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 | 300 | 300 | (1) | (4) | (5) | (5) | 0 | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 | 50500 | 50500 | 3352 | (1442) | 1910 | 1910 | 0 | (189) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 | 400 | 400 | (1) | (9) | (10) | (10) | 0 | (2) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 | 600 | 600 | (2) | (10) | (12) | (12) | 0 | (2) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 | 250 | 250 | (1) | (3) | (4) | (4) | 0 | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.281 | Annual | 02/15/2040 | 13700 | 13700 | 1305 | (315) | 990 | 990 | 0 | (70) |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.030 | Maturity | 01/04/2027 | 23400 | 23400 | 0 | (103) | (103) | (103) | 5 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.926 | Maturity | 01/04/2027 | 37400 | 37400 | 0 | (20) | (20) | (20) | 3 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.402 | Maturity | 01/02/2029 | 24300 | 24300 | 0 | 37 | 37 | 37 | 22 | 0 |
| Pay | Pay | 3-Month AUD-BBR-BBSW | 3-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/19/2030 | 14300 | 14300 | 117 | 155 | 272 | 272 | 0 | (4) |
| Pay<sup>(6)</sup> | Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 | 13290 | 13290 | (192) | 169 | (23) | (23) | 0 | (15) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.610 | Annual | 03/24/2035 | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pay<sup>(6)</sup> | Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 | 7300 | 7300 | (311) | 32 | (279) | (279) | 0 | (15) |
| Receive | Receive | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 0.000 | Annual | 03/17/2053 | 1310 | 1310 | 131 | 712 | 843 | 843 | 3 | 0 |
| Receive<sup>(6)</sup> | Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 | 8400 | 8400 | 680 | 348 | 1028 | 1028 | 32 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.582 | Lunar | 04/02/2030 | 1600 | 1600 | 0 | 0 | 0 | 0 | 1 | 0 |
|  |  |  |  |  |  |  |  | $ | 5805 | (2044) | 3761 | 3761 | 68 | (413) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **6476** | **(1277)** | **5199** | **5199** | **231** | **(464)** |
| **(l)** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $3,110 and cash of $14,116 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |

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<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

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|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 3285 | $456 | 456 | $0 | $(4) |
|  |  | 07/2025  | 547 | 630 | 630 | 0 | (14) |
|  |  | 07/2025  | $939 | 1446 | 1446 | 12 | 0 |
|  |  | 07/2025  | 2673 | 1948 | 1948 | 1 | 0 |
|  |  | 08/2025  | 1446 | $940 | 940 | 0 | (12) |
|  |  | 08/2025  | 3285 | 456 | 456 | 0 | (5) |
|  |  | 08/2025  | 1948 | 2673 | 2673 | 0 | (1) |
|  |  | 08/2025  | $20 | 144 | 144 | 0 | 0 |
|  |  | 08/2025  | 294 | 251 | 251 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 35451 | $40310 | 40310 | 0 | (1450) |
|  |  | 07/2025  | 4007422 | 246 | 246 | 0 | (2) |
|  |  | 07/2025  | $94 | 128158 | 128158 | 1 | 0 |
|  |  | 07/2025  | 15 | 19 | 19 | 0 | 0 |
|  |  | 08/2025  | 19 | $15 | 15 | 0 | 0 |
|  |  | 08/2025  | 31 | 1 | 1 | 0 | 0 |
|  |  | 08/2025  | $232 | 1662 | 1662 | 1 | 0 |
|  |  | 08/2025  | 233 | 6838 | 6838 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 182 | $5 | 5 | 0 | 0 |
|  |  | 07/2025  | 3591 | 110 | 110 | 0 | (13) |
|  |  | 07/2025  | $23 | 372084 | 372084 | 0 | 0 |
|  |  | 07/2025  | 40 | 1324 | 1324 | 1 | 0 |
|  |  | 08/2025  | 266 | $6 | 6 | 0 | 0 |
|  |  | 08/2025  | 4323 | 133 | 133 | 0 | (18) |
|  |  | 08/2025  | $250 | 1785 | 1785 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 405 | $464 | 464 | 0 | (13) |
|  |  | 07/2025  | 62 | 16 | 16 | 0 | (1) |
|  |  | 07/2025  | 4120 | 101 | 101 | 0 | (1) |
|  |  | 07/2025  | $926 | 803 | 803 | 20 | 0 |
|  |  | 07/2025  | 9609 | 7062 | 7062 | 85 | 0 |
|  |  | 07/2025  | 7 | 978 | 978 | 0 | 0 |
|  |  | 07/2025  | 52 | 2144 | 2144 | 1 | 0 |
|  |  | 07/2025  | 50413 | $2789 | 2789 | 0 | (54) |
|  |  | 08/2025  | 7062 | 9610 | 9610 | 0 | (85) |
|  |  | 08/2025  | $79 | 3280 | 3280 | 1 | 0 |
|  |  | 09/2025  | 119 | 2293 | 2293 | 2 | 0 |
|  |  | 09/2025  | 29 | 104 | 104 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 08/2025  | 1042 | $282 | 282 | 0 | (12) |
|  |  | 09/2025  | 2505 | 684 | 684 | 0 | (22) |
|  |  | 09/2025  | $18 | 65 | 65 | 0 | 0 |
|  |  | 11/2025  | 307 | $83 | 83 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 641 | 734 | 734 | 0 | (21) |
|  |  | 07/2025  | 587893 | 428 | 428 | 0 | (7) |
|  |  | 07/2025  | 1782 | 54 | 54 | 0 | (1) |
|  |  | 07/2025  | 6751 | 207 | 207 | 0 | (25) |
|  |  | 07/2025  | $41 | 673494 | 673494 | 0 | 0 |
|  |  | 07/2025  | 311 | 425717 | 425717 | 4 | 0 |
|  |  | 07/2025  | 13 | 49 | 49 | 0 | 0 |
|  |  | 07/2025  | 16 | 534 | 534 | 0 | 0 |
|  |  | 07/2025  | 435 | 12917 | 12917 | 10 | 0 |
|  |  | 08/2025  | 1045 | $145 | 145 | 0 | (1) |
|  |  | 08/2025  | 728 | 8 | 8 | 0 | 0 |
|  |  | 08/2025  | 9201 | 282 | 282 | 0 | (38) |
|  |  | 08/2025  | $175 | 1268 | 1268 | 3 | 0 |
|  |  | 08/2025  | 28 | 2423 | 2423 | 0 | 0 |
|  |  | 08/2025  | 39 | 143 | 143 | 1 | 0 |
|  |  | 09/2025  | 2626 | $713 | 713 | 0 | (26) |
|  |  | 02/2026  | 2300 | 626 | 626 | 0 | (19) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | $44466 | 38330 | 38330 | 684 | 0 |
|  |  | 08/2025  | 38246 | $44466 | 44466 | 0 | (684) |
|  |  | 08/2025  | 362 | 4 | 4 | 0 | 0 |
|  |  | 09/2025  | $1 | 20 | 20 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 1446 | $933 | 933 | 0 | (19) |
|  |  | 07/2025  | 790 | 143 | 143 | 0 | (2) |
|  |  | 07/2025  | 11 | 13 | 13 | 0 | (1) |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 1671 | 233 |  | 0 |  | (1) |
|  | 07/2025  | 308093 | 2117 |  | 0 |  | (23) |
|  | 07/2025  | $138 | 790 |  | 7 |  | 0 |
|  | 07/2025  | 14 | 11 |  | 0 |  | 0 |
|  | 07/2025  | 3761 | 539482 |  | 0 |  | (14) |
|  | 07/2025  | 116 | 427 |  | 3 |  | 0 |
|  | 07/2025  | 12 | 15 |  | 0 |  | 0 |
|  | 08/2025  | 11 | $14 |  | 0 |  | 0 |
|  | 08/2025  | 258 | 3 |  | 0 |  | 0 |
|  | 08/2025  | 15 | 12 |  | 0 |  | 0 |
|  | 08/2025  | $19 | 135 |  | 0 |  | 0 |
|  | 08/2025  | 2117 | 306960 |  | 23 |  | 0 |
|  | 09/2025  | 17060 | $876 |  | 0 |  | (26) |
|  | 09/2025  | $143 | 802 |  | 2 |  | 0 |
|  | 09/2025  | 0 | 1 |  | 0 |  | 0 |
|  | 11/2025  | 1101 | $300 |  | 0 |  | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 1061 | 33 |  | 0 |  | (4) |
|  | 07/2025  | $10 | 159447 |  | 0 |  | 0 |
|  | 07/2025  | 5 | 6 |  | 0 |  | 0 |
|  | 07/2025  | 210 | $12 |  | 0 |  | 0 |
|  | 08/2025  | 6 | 5 |  | 0 |  | 0 |
|  | 09/2025  | 1751 | 478 |  | 0 |  | (16) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 3166 | 439 |  | 0 |  | (4) |
|  | 07/2025  | 663 | 176 |  | 0 |  | (7) |
|  | 07/2025  | 132 | 103 |  | 0 |  | (1) |
|  | 07/2025  | 3635 | 112 |  | 0 |  | (13) |
|  | 07/2025  | $26 | 35451 |  | 0 |  | 0 |
|  | 07/2025  | 208 | 770 |  | 5 |  | 0 |
|  | 07/2025  | 10 | 12 |  | 0 |  | 0 |
|  | 07/2025  | 60 | 1797 |  | 1 |  | 0 |
|  | 07/2025  | 14294 | $800 |  | 0 |  | (6) |
|  | 08/2025  | 3276 | 454 |  | 0 |  | (5) |
|  | 08/2025  | 12 | 10 |  | 0 |  | 0 |
|  | 08/2025  | 5586 | 171 |  | 0 |  | (23) |
|  | 08/2025  | $114 | 813 |  | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 1464 | $1066 |  | 0 |  | (9) |
|  | 07/2025  | 1518 | 211 |  | 0 |  | (2) |
|  | 07/2025  | 2340 | 2712 |  | 0 |  | (45) |
|  | 07/2025  | 1948 | 2677 |  | 4 |  | 0 |
|  | 07/2025  | 474 | 126 |  | 0 |  | (5) |
|  | 07/2025  | 317 | 247 |  | 0 |  | (2) |
|  | 07/2025  | 889 | 27 |  | 0 |  | (1) |
|  | 07/2025  | 1663 | 51 |  | 0 |  | (6) |
|  | 07/2025  | $1065 | 1465 |  | 10 |  | 0 |
|  | 07/2025  | 863 | 736 |  | 4 |  | 0 |
|  | 07/2025  | 1140 | 841 |  | 15 |  | 0 |
|  | 07/2025  | 138 | 1081 |  | 0 |  | 0 |
|  | 07/2025  | 165 | 23664 |  | 0 |  | 0 |
|  | 07/2025  | 254 | 329 |  | 4 |  | 0 |
|  | 07/2025  | 24 | 800 |  | 1 |  | 0 |
|  | 07/2025  | 62 | 1979 |  | 6 |  | 0 |
|  | 08/2025  | 1462 | $1065 |  | 0 |  | (10) |
|  | 08/2025  | 1522 | 211 |  | 0 |  | (3) |
|  | 08/2025  | 1282 | 1506 |  | 0 |  | (7) |
|  | 08/2025  | 328 | 254 |  | 0 |  | (4) |
|  | 08/2025  | 2599 | 80 |  | 0 |  | (10) |
|  | 08/2025  | $122 | 882 |  | 2 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 103605 | $711 |  | 0 |  | (9) |
|  | 07/2025  | $84 | 12187 |  | 0 |  | 0 |
|  | 07/2025  | 1 | 2 |  | 0 |  | 0 |
|  | 08/2025  | 19 | 137 |  | 0 |  | 0 |
|  | 08/2025  | 711 | 103224 |  | 9 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 117 | 1908388 |  | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 1154 | $8 |  | 0 |  | 0 |
|  | 07/2025  | $45 | 741546 |  | 0 |  | 0 |
|  | 07/2025  | 51 | 66 |  | 1 |  | 0 |
|  | 07/2025  | 554 | 16399 |  | 11 |  | 0 |
|  | 08/2025  | 180 | $2 |  | 0 |  | 0 |
|  | 08/2025  | 65 | 51 |  | 0 |  | (1) |
|  | 08/2025  | 1433 | 44 |  | 0 |  | (6) |
|  | 08/2025  | $211 | 1522 |  | 3 |  | 0 |
|  | 08/2025  | 8 | 1150 |  | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 170997 | $1185 |  | 0 |  | (3) |
|  | 08/2025  | $1185 | 170370 |  | 3 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 485 | $562 |  | 0 |  | (9) |
|  | 07/2025  | 7903 | 10701 |  | 0 |  | (147) |
|  | 11/2025  | 1291 | 350 |  | 0 |  | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 2 | 0 |  | 0 |  | 0 |
|  | 07/2025  | $55 | 7952 |  | 0 |  | 0 |
|  | 08/2025  | 161 | 1166 |  | 3 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**952** | **952** | $**(2999)** | **(2999)** |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Cost | Market<br>Value |
| GLM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Buy | Buy | 0.850% | 08/20/2025 | 58933 | $216 | $11 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Buy | Buy | 0.775 | 07/16/2025 | 62600 | 208 | 5 |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Buy | Buy | 0.825 | 08/20/2025 | 59200 | 220 | 12 |
|  |  |  |  |  |  |  |  | $644 | $28 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Cost | Market<br>Value |
| BPS | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.500% | 04/29/2026 | 17300 | $81 | $52 |
| FAR | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.000 | 04/29/2026 | 20200 | 56 | 31 |
|  |  |  |  |  |  |  |  | $137 | $83 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**781** | $**111** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.850% | 07/16/2025 | 700 | $(1) | $0 |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.900 | 07/16/2025 | 1400 | (1) | 0 |
| JPM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 1.000 | 07/16/2025 | 700 | (1) | 0 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.850 | 07/16/2025 | 700 | (1) | 0 |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.900 | 07/16/2025 | 600 | (1) | 0 |
|  |  |  |  |  |  |  |  | $(5) | $0 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 07/09/2025 | 300 | $(1) | $(3) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 07/09/2025 | 300 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.637 | 07/18/2025 | 400 | (1) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.037 | 07/18/2025 | 400 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 07/21/2025 | 300 | (1) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 07/21/2025 | 300 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 07/24/2025 | 300 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 07/24/2025 | 300 | (1) | (1) |
| BPS | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 1.500 | 04/29/2026 | 17300 | (26) | (13) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.605 | 07/23/2025 | 300 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.955 | 07/23/2025 | 300 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.564 | 07/24/2025 | 300 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.914 | 07/24/2025 | 300 | (1) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.380 | 07/03/2025 | 100 | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.640 | 07/03/2025 | 100 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.460 | 07/16/2025 | 200 | (1) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.720 | 07/16/2025 | 200 | (1) | 0 |
| FAR | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.750 | 07/03/2025 | 400 | (2) | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.100 | 07/03/2025 | 400 | (2) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.790 | 07/09/2025 | 400 | (1) | (4) |

---

------

<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.140 | 07/09/2025 | 07/09/2025 | 400 |  | (1) | (1) | 0 | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.680 | 07/07/2025 | 07/07/2025 | 200 |  | (1) | (1) | (1) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.775 | 07/07/2025 | 07/07/2025 | 400 |  | (1) | (1) | (4) | (4) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.030 | 07/07/2025 | 07/07/2025 | 200 |  | (1) | (1) | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.125 | 07/07/2025 | 07/07/2025 | 400 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.653 | 07/14/2025 | 07/14/2025 | 400 |  | (1) | (1) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.053 | 07/14/2025 | 07/14/2025 | 400 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.695 | 07/17/2025 | 07/17/2025 | 300 |  | (1) | (1) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.095 | 07/17/2025 | 07/17/2025 | 300 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.583 | 07/23/2025 | 07/23/2025 | 200 |  | (1) | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.933 | 07/23/2025 | 07/23/2025 | 200 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.525 | 07/28/2025 | 07/28/2025 | 300 |  | (1) | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.875 | 07/28/2025 | 07/28/2025 | 300 |  | (1) | (1) | (1) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.555 | 07/30/2025 | 07/30/2025 | 300 |  | (1) | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.905 | 07/30/2025 | 07/30/2025 | 300 |  | (1) | (1) | (1) | (1) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.772 | 07/10/2025 | 07/10/2025 | 300 |  | (1) | (1) | (3) | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.122 | 07/10/2025 | 07/10/2025 | 300 |  | (1) | (1) | 0 | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.715 | 07/02/2025 | 07/02/2025 | 400 |  | (1) | (1) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.065 | 07/02/2025 | 07/02/2025 | 400 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.725 | 07/03/2025 | 07/03/2025 | 300 |  | (1) | (1) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.075 | 07/03/2025 | 07/03/2025 | 300 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.669 | 07/07/2025 | 07/07/2025 | 300 |  | (1) | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.019 | 07/07/2025 | 07/07/2025 | 300 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.664 | 07/14/2025 | 07/14/2025 | 500 |  | (2) | (2) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.064 | 07/14/2025 | 07/14/2025 | 500 |  | (1) | (1) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.697 | 07/16/2025 | 07/16/2025 | 300 |  | (1) | (1) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.097 | 07/16/2025 | 07/16/2025 | 300 |  | (1) | (1) | 0 | 0 |
| NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.545 | 07/28/2025 | 07/28/2025 | 400 |  | (1) | (1) | (2) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.895 | 07/28/2025 | 07/28/2025 | 400 |  | (1) | (1) | (1) | (1) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (75) | (75) | $(61) | (61) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Description | Description |  | Strike<br>Price | Expiration<br>Date | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| SAL | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | $ | $92.469 | 07/07/2025 | 07/07/2025 |  | 200 | $ | (1) | (1) | $0 | 0 |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  |  | 96.469 | 07/07/2025 | 07/07/2025 |  | 200 |  | (1) | (1) | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | $ | (2) | (2) | $0 | 0 |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(82)** | **(82)** | $**(61)** | **(61)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | 4.750% | Monthly | Monthly | 07/06/2026 | —◆ | —◆ | $459 | $0 | 0 | $2 | $2 | 2 | $0 |

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<br> Schedule of Investments PIMCO Credit Opportunities Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| GST | GST | Soft Bank Group,Inc.  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 1.490 |  | 1900 | (16) | 8 | 8 | 0 | (8) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(16)** | $**10** | **10** | $**2** | $**(8)** |
| **(n)** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,603 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| ◆ | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | $1103 | 1103 | $1262 | 1262 | $ | 2365 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 83530 | 83530 | 54 | 54 |  | 83584 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 149789 | 149789 | 377 | 377 |  | 150166 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 22340 | 22340 | 0 | 0 |  | 22340 |  |
| Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 2446 | 2446 | 0 | 0 |  | 2446 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 29637 | 29637 | 228 | 228 |  | 29865 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 15008 | 15008 | 0 | 0 |  | 15008 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 10266 | 10266 | 0 | 0 |  | 10266 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 491 | 491 | 0 | 0 |  | 491 |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 11023 | 11023 | 0 | 0 |  | 11023 |  |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 1660 | 1660 | 0 | 0 |  | 1660 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 12919 | 12919 | 0 | 0 |  | 12919 |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Financials | Financials | Financials | Financials | Financials | Financials | 0 | 0 | 0 | 0 | 32 | 32 |  | 32 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 723 | 723 | 0 | 0 |  | 723 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 2887 | 2887 | 0 | 0 |  | 2887 |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 161398 | 161398 | 0 | 0 |  | 161398 |  |
|  |  |  |  |  |  | $0 | 0 | $505220 | 505220 | $1953 | 1953 | $ | 507173 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $33674 | 33674 | $0 | 0 | $0 | 0 | $ | 33674 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $33674 | 33674 | $505220 | 505220 | $1953 | 1953 | $ | 540847 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | $0 | 0 | $(5877) | (5877) | $0 | 0 | $ | (5877) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 43 | 43 | 660 | 660 | 0 | 0 |  | 703 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 1063 | 1063 | 2 | 2 |  | 1065 |  |
|  |  |  |  |  |  | $43 | 43 | $1723 | 1723 | $2 | 2 | $ | 1768 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (17) | (17) | (509) | (509) | 0 | 0 |  | (526) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | (3068) | (3068) | 0 | 0 |  | (3068) |  |
|  |  |  |  |  |  | $(17) | (17) | $(3577) | (3577) | $0 | 0 | $ | (3594) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $26 | 26 | $(1854) | (1854) | $2 | 2 | $ | (1826) |  |
| Totals | Totals | Totals | Totals | Totals | Totals | $33700 | 33700 | $497489 | 497489 | $1955 | 1955 | $ | 533144 |  |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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------

<br> Schedule of Investments PIMCO Diversified Income Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 107.3% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 5.9%**  |  |  |
| **Aligned Data Centers International LP**<br>7.799% due 12/18/2029 «~ | $7500 | $7520 |
| **Altice France SA**<br>9.756% (TSFR3M + 5.500%) due 08/15/2028 ~ | 5812 | 5281 |
| **Amentum Government Services Holdings LLC**<br>6.577% (TSFR1M + 2.250%) due 09/29/2031 ~ | 2738 | 2738 |
| **Asurion LLC**<br>8.677% (TSFR1M + 4.250%) due 08/19/2028 ~ | 151 | 149 |
| **Bank of Industry Ltd.**<br>3.695% (EUR003M + 1.700%) due 08/23/2027 ~ | 6300 | 7372 |
| **Barnes Group, Inc.**<br>7.327% (TSFR1M + 3.000%) due 01/27/2032 ~ | $1297 | 1300 |
| **BCPE Empire Holdings, Inc.**<br>7.577% (TSFR1M + 3.250%) due 12/11/2030 ~ | 1946 | 1937 |
| **Castlelake LP**<br>2.950% due 05/13/2031 « | 5523 | 5217 |
| **Clover Holdings 2 LLC**  |  |  |
| TBD% due 12/10/2029 µ | 1374 | 1371 |
| 8.307% (TSFR3M + 4.000%) due 12/09/2031 ~ | 10400 | 10429 |
| **CoreWeave Compute Acquisition Co. LLC**<br>TBD% (TSFR3M + 6.000%) due 05/16/2029 «~µ | 1700 | 1740 |
| **Cotiviti Corp.**<br>7.074% (TSFR1M + 2.750%) due 05/01/2031 ~ | 7277 | 7252 |
| **Databricks, Inc.**  |  |  |
| TBD% - 1.000% due 01/03/2031 «µ | 1069 | 1080 |
| 8.816% (TSFR1M + 4.500%) due 01/03/2031 «~ | 4831 | 4879 |
| **Endure Digital, Inc.**<br>7.927% (TSFR1M + 3.500%) due 02/10/2028 «~ | 4627 | 3563 |
| **Fortress Intermediate, Inc.**<br>7.827% (TSFR1M + 3.500%) due 06/27/2031 «~ | 3573 | 3586 |
| **GFL Environmental, Inc.**<br>6.824% (TSFR3M + 2.500%) due 03/03/2032 ~ | 1625 | 1628 |
| **Global Medical Response, Inc. (9.079% Cash and 0.750% PIK)**<br>9.829% due 10/31/2028 (c) | 734 | 736 |
| **IRB Holding Corp.**<br>6.827% (TSFR1M + 2.500%) due 12/15/2027 ~ | 2648 | 2651 |
| **Ivanti Software, Inc.**  |  |  |
| TBD% - 10.079% (TSFR3M + 5.750%) due 06/01/2029 ~µ | 174 | 179 |
| 9.016% (TSFR3M + 4.750%) due 06/01/2029 ~ | 1305 | 1088 |
| **Kaseya, Inc.**<br>7.577% (TSFR1M + 3.250%) due 03/20/2032 ~ | 2095 | 2105 |
| **LifePoint Health, Inc.**  |  |  |
| 7.820% (TSFR3M + 3.500%) due 05/19/2031 ~ | 4367 | 4307 |
| 8.006% (TSFR3M + 3.750%) due 05/19/2031 ~ | 79 | 78 |
| **Medline Borrower LP**<br>6.577% (TSFR1M + 2.250%) due 10/23/2028 ~ | 1763 | 1767 |
| **Mercury Aggregator LP (13.500% PIK)**<br>13.500% due 04/03/2026 «(c) | 38 | 26 |
| **Mercury Aggregator LP (3.500% PIK)**<br>3.500% due 04/03/2026 «(c) | 21 | 14 |
| **Modena Buyer LLC**<br>8.780% (TSFR3M + 4.500%) due 07/01/2031 ~ | 1407 | 1359 |
| **MPH Acquisition Holdings LLC**  |  |  |
| 8.030% (TSFR3M + 3.750%) due 12/31/2030 ~ | 134 | 133 |
| 9.141% (TSFR3M + 4.600%) due 12/31/2030 ~ | 2 | 2 |
| **Nouryon Finance BV**<br>5.736% (EUR003M + 3.500%) due 04/03/2028 ~ | 755 | 894 |
| **Novelis Corp.**<br>6.296% (TSFR3M + 2.000%) due 03/11/2032 ~ | $2868 | 2875 |
| **OCS Group Holdings Ltd.**<br>9.961% due 11/28/2031 | 5100 | 6989 |
| **Olympus Water U.S. Holding Corp.**<br>7.296% (TSFR3M + 3.000%) due 06/20/2031 ~ | $2064 | 2044 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(l) | 1000 | 1000 |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(l) | 567 | 668 |
| **Project Flash**<br>TBD% due 04/30/2030 «µ | $6000 | 6000 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | 1700 | 1725 |
| **Project Mercury**<br>0.400% - 6.668% (EUR006M + 4.200%) due 08/11/2030 «~ | 2700 | 3285 |

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------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **QualityTech** **LP**<br>7.813% (TSFR1M + 3.500%) due 10/30/2031 «~ | $3200 | 3216 |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 4200 | 4983 |
| **Republic of Turkey**<br>8.343% (EUR006M + 6.210%) due 04/27/2031 «~ | 4600 | 5909 |
| **Rockpoint Gas Storage Partners LP**<br>7.296% (TSFR3M + 3.000%) due 09/18/2031 | $2832 | 2845 |
| **SCUR-Alpha 1503 GmbH**<br>9.780% (TSFR3M + 5.500%) due 03/29/2030 ~ | 978 | 926 |
| **SOCAR Turkey Enerji AS**<br>5.931% (EUR006M + 3.450%) due 08/11/2026 ~ | 4000 | 4703 |
| **Softbank Vision Fund**<br>6.000% due 12/23/2025 « | $6280 | 6280 |
| **Standard Industries, Inc.**<br>6.071% (TSFR1M + 1.750%) due 09/22/2028 ~ | 851 | 854 |
| **Stepstone Group MidCo 2 GmbH**<br>6.673% (EUR006M + 4.500%) due 04/26/2032 ~ | 3700 | 4282 |
| **Stonepeak Nile Parent LLC**<br>9.250% (PRIME + 1.750%) due 04/09/2032 ~ | $2000 | 2009 |
| **Subcalidora 2**<br>7.730% (EUR003M + 5.750%) due 08/14/2029 «~ | 4000 | 4735 |
| **Transnet SOC Ltd.**<br>11.558% (JIBA3M + 4.000%) due 03/02/2028 «~ | 117429 | 6579 |
| **Twitter, Inc.**  |  |  |
| 9.500% due 10/26/2029 | $2500 | 2434 |
| 10.927% (TSFR1M + 6.500%) due 10/26/2029 ~ | 4776 | 4671 |
| **U.S. Renal Care, Inc.**<br>9.441% (TSFR1M + 5.000%) due 06/20/2028 ~ | 1786 | 1696 |
| **VEON Amsterdam BV**<br>8.531% - 10.750% (TSFR3M + 3.250%) due 03/25/2027 «~ | 2100 | 2101 |
| **Virgin Media Bristol LLC**<br>7.676% (TSFR1M + 3.250%) due 01/31/2029 ~ | 5630 | 5588 |
| **White Cap Buyer LLC**<br>7.577% (TSFR1M + 3.250%) due 10/19/2029 ~ | 1955 | 1948 |
| Total Loan Participations and Assignments (Cost $169,056) |  | 172726 |
| **CORPORATE BONDS & NOTES 44.8%**  |  |  |
| **BANKING & FINANCE 14.9%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC** <br>5.500% due 05/08/2034 | 3300 | 3434 |
| **AerCap Ireland Capital DAC** <br>3.650% due 07/21/2027 | 3230 | 3182 |
| **Alamo Re Ltd.** <br>15.544% due 06/08/2026 ~ | 700 | 727 |
| **Alliant Holdings Intermediate LLC** <br>6.500% due 10/01/2031 | 2900 | 2958 |
| **Ally Financial, Inc.** <br>8.000% due 11/01/2031 | 9366 | 10616 |
| **American Assets Trust LP** <br>3.375% due 02/01/2031 | 810 | 726 |
| **American Homes 4 Rent LP**  |  |  |
| 2.375% due 07/15/2031  | 100 | 87 |
| 3.375% due 07/15/2051  | 100 | 66 |
| 4.900% due 02/15/2029  | 1910 | 1934 |
| **American Tower Corp.**  |  |  |
| 2.100% due 06/15/2030  | 1200 | 1066 |
| 3.800% due 08/15/2029  | 1950 | 1897 |
| **AmWINS Group, Inc.** <br>4.875% due 06/30/2029 | 1100 | 1070 |
| **Antares Holdings LP** <br>2.750% due 01/15/2027 | 1050 | 1008 |
| **Ares Strategic Income Fund** <br>6.200% due 03/21/2032 | 2400 | 2408 |
| **Armor Holdco, Inc.** <br>8.500% due 11/15/2029 | 550 | 528 |
| **Armor RE Ltd.** <br>14.558% due 05/07/2031 ~ | 700 | 725 |
| **Arthur J Gallagher & Co.** <br>5.150% due 02/15/2035 | 1500 | 1502 |
| **Assured Guaranty U.S. Holdings, Inc.** <br>3.150% due 06/15/2031 | 1250 | 1156 |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 3590 | 3414 |
| **Banca Monte dei Paschi di Siena SpA**  |  |  |
| 7.708% due 01/18/2028 •  | 2400 | 3101 |
| 10.500% due 07/23/2029  | 2400 | 3542 |
| **Banco Santander SA** <br>5.565% due 01/17/2030 | $3400 | 3531 |
| **Banco Votorantim SA** <br>5.875% due 04/08/2028 | 3500 | 3552 |
| **Bank of America Corp.**  |  |  |
| 2.687% due 04/22/2032 •  | 3000 | 2693 |
| 2.884% due 10/22/2030 •  | 2290 | 2144 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.705% due 04/24/2028 •  | 3700 | 3657 |
| 5.288% due 04/25/2034 •  | 1250 | 1275 |
| **Barclays PLC**  |  |  |
| 6.125% due 12/15/2025 •(i)(j)  | 3000 | 3005 |
| 6.375% due 12/15/2025 •(i)(j)  | 600 | 826 |
| **BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico** <br>5.250% due 09/10/2029 | $1000 | 1016 |
| **BGC Group, Inc.** <br>4.375% due 12/15/2025 | 2540 | 2533 |
| **Blue Owl Finance LLC** <br>6.250% due 04/18/2034 | 1300 | 1338 |
| **BNP Paribas SA**  |  |  |
| 1.904% due 09/30/2028 •  | 100 | 94 |
| 3.052% due 01/13/2031 •  | 2400 | 2234 |
| 7.000% due 08/16/2028 •(i)(j)  | 2000 | 2044 |
| **Boost Newco Borrower LLC** <br>7.500% due 01/15/2031 | 1500 | 1593 |
| **BPCE SA**  |  |  |
| 6.293% due 01/14/2036 •  | 1600 | 1681 |
| 6.714% due 10/19/2029 •  | 2500 | 2648 |
| 7.003% due 10/19/2034 •  | 2500 | 2748 |
| **Brookfield Property REIT, Inc.** <br>5.750% due 05/15/2026 | 1037 | 1035 |
| **CaixaBank SA** <br>6.840% due 09/13/2034 •  | 2500 | 2747 |
| **Capital One NA** <br>4.650% due 09/13/2028 | 1100 | 1106 |
| **CI Financial Corp.** <br>7.500% due 05/30/2029 | 2800 | 2956 |
| **CIMA Finance DAC** <br>2.950% due 09/05/2029 | 2133 | 1962 |
| **Citadel Finance LLC** <br>5.900% due 02/10/2030 | 2200 | 2222 |
| **Citadel LP** <br>6.375% due 01/23/2032 | 2700 | 2821 |
| **Clue Opco LLC** <br>9.500% due 10/15/2031 | 725 | 769 |
| **Commerzbank AG** <br>8.625% due 02/28/2033 •  | 1100 | 1625 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | $1020 | 923 |
| **Credicorp Capital Sociedad Titulizadora SA** <br>10.100% due 12/15/2043 | 31400 | 9418 |
| **Credit Acceptance Corp.** <br>9.250% due 12/15/2028 | $2750 | 2915 |
| **Credit Opportunities Partners LLC** <br>6.520% due 03/20/2028 «(l) | 2700 | 2718 |
| **Credit Suisse AG AT1 Claim**  | 12750 | 1530 |
| **Crown Castle, Inc.** <br>2.250% due 01/15/2031 | 2050 | 1784 |
| **DAE Sukuk Difc Ltd.** <br>3.750% due 02/15/2026 | 7625 | 7576 |
| **Deloitte LLP**  |  |  |
| 5.250% due 01/30/2030 «(l)  | 2000 | 2026 |
| 5.410% due 01/30/2032 «(l)  | 2000 | 2015 |
| 5.410% due 01/30/2037 «(l)  | 500 | 499 |
| 5.590% due 01/30/2035 «(l)  | 2000 | 1999 |
| **Deutsche Bank AG**  |  |  |
| 3.729% due 01/14/2032 •  | 3000 | 2749 |
| 5.882% due 07/08/2031 •  | 2275 | 2336 |
| **DOC Dr. LLC** <br>3.950% due 01/15/2028 | 23 | 23 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 2800 | 2494 |
| **Encore Capital Group, Inc.**  |  |  |
| 8.500% due 05/15/2030  | 1900 | 2039 |
| 9.250% due 04/01/2029  | 3000 | 3194 |
| **Erste Group Bank AG** <br>7.000% due 04/15/2031 •(i)(j) | 2400 | 2995 |
| **Essex Portfolio LP**  |  |  |
| 1.650% due 01/15/2031  | $700 | 595 |
| 2.650% due 03/15/2032  | 690 | 604 |
| 2.650% due 09/01/2050  | 300 | 178 |
| **European Union** <br>3.000% due 12/04/2034 | 34300 | 40485 |
| **Extra Space Storage LP** <br>4.000% due 06/15/2029 | $150 | 147 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 2.900% due 02/16/2028  | 1400 | 1313 |
| 3.375% due 11/13/2025  | 11600 | 11524 |
| 3.815% due 11/02/2027  | 800 | 773 |
| 4.542% due 08/01/2026  | 600 | 596 |
| 5.875% due 11/07/2029  | 5000 | 5016 |
| 7.350% due 11/04/2027  | 300 | 312 |
| **Fortress Transportation & Infrastructure Investors LLC**  |  |  |
| 5.500% due 05/01/2028  | 6750 | 6718 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.000% due 05/01/2031  | 6400 | 6631 |
| **Freedom Mortgage Corp.**  |  |  |
| 6.625% due 01/15/2027  | 2500 | 2506 |
| 7.625% due 05/01/2026  | 1100 | 1101 |
| **Freedom Mortgage Holdings LLC**  |  |  |
| 8.375% due 04/01/2032  | 3000 | 3035 |
| 9.250% due 02/01/2029  | 3400 | 3534 |
| **Gaci First Investment Co.** <br>5.125% due 02/14/2053 | 2700 | 2316 |
| **GLP Capital LP**  |  |  |
| 4.000% due 01/15/2030  | 100 | 96 |
| 5.750% due 06/01/2028  | 890 | 913 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 5.016% due 10/23/2035 •  | 3800 | 3756 |
| 5.330% due 07/23/2035 •  | 4050 | 4087 |
| **Goodman U.S. Finance Three LLC** <br>3.700% due 03/15/2028 | 1450 | 1422 |
| **HA Sustainable Infrastructure Capital, Inc.** <br>6.375% due 07/01/2034 | 1400 | 1401 |
| **Hanover Insurance Group, Inc.** <br>2.500% due 09/01/2030 | 820 | 730 |
| **Hardwood Funding LLC**  |  |  |
| 4.840% due 06/07/2028 «(l)  | 2400 | 2414 |
| 4.980% due 06/07/2030 «(l)  | 1500 | 1515 |
| **HAT Holdings LLC**  |  |  |
| 3.375% due 06/15/2026  | 422 | 413 |
| 3.750% due 09/15/2030  | 2520 | 2314 |
| **Highwoods Realty LP** <br>3.050% due 02/15/2030 | 100 | 91 |
| **HPS Corporate Lending Fund** <br>5.950% due 04/14/2032 | 1700 | 1692 |
| **ING Groep NV** <br>5.750% due 11/16/2026 •(i)(j) | 2800 | 2787 |
| **Intesa Sanpaolo SpA** <br>6.625% due 06/20/2033 | 3300 | 3585 |
| **Itau Unibanco Holding SA** <br>6.000% due 02/27/2030 | 6000 | 6158 |
| **JAB Holdings BV** <br>2.200% due 11/23/2030 | 335 | 289 |
| **Jane Street Group**  |  |  |
| 6.125% due 11/01/2032  | 2500 | 2525 |
| 7.125% due 04/30/2031  | 5300 | 5580 |
| **JPMorgan Chase & Co.**  |  |  |
| 3.509% due 01/23/2029 •  | 8000 | 7838 |
| 5.294% due 07/22/2035 •  | 3900 | 3970 |
| **KAF Kaerntner Ausgleichszahlungs-Fonds** <br>0.000% due 04/03/2049 « | 23238 | 2121 |
| **Ladder Capital Finance Holdings LLLP** <br>4.250% due 02/01/2027 | $1130 | 1115 |
| **Lazard Group LLC** <br>6.000% due 03/15/2031 | 1975 | 2075 |
| **Lima Metro Line 2 Finance Ltd.** <br>5.875% due 07/05/2034 | 80 | 81 |
| **Lloyds Banking Group PLC** <br>7.500% due 09/27/2025 •(i)(j) | 2400 | 2412 |
| **Midcap Financial Issuer Trust** <br>6.500% due 05/01/2028 | 850 | 843 |
| **Mitsubishi UFJ Financial Group, Inc.** <br>2.048% due 07/17/2030 | 2000 | 1777 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 2.201% due 07/10/2031 •  | 2500 | 2227 |
| 2.869% due 09/13/2030 •  | 1000 | 936 |
| **Morgan Stanley**  |  |  |
| 5.173% due 01/16/2030 •  | 5000 | 5106 |
| 5.320% due 07/19/2035 •  | 5300 | 5367 |
| **Nationstar Mortgage Holdings, Inc.**  |  |  |
| 6.000% due 01/15/2027  | 2000 | 2003 |
| 7.125% due 02/01/2032  | 1850 | 1923 |
| **NatWest Group PLC**  |  |  |
| 4.600% due 06/28/2031 •(i)(j)  | 1700 | 1497 |
| 5.125% due 05/12/2027 •(i)(j)  | 1700 | 2288 |
| 6.000% due 12/29/2025 •(i)(j)  | $3490 | 3493 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 1500 | 1588 |
| **Nomura Holdings, Inc.** <br>2.679% due 07/16/2030 | 2300 | 2087 |
| **Nordea Bank Abp** <br>6.625% due 03/26/2026 •(i)(j) | 1500 | 1512 |
| **OneMain Finance Corp.**  |  |  |
| 4.000% due 09/15/2030  | 550 | 508 |
| 5.375% due 11/15/2029  | 3149 | 3100 |
| 6.625% due 01/15/2028  | 20 | 21 |
| 6.625% due 05/15/2029  | 3800 | 3908 |
| **Oxford Finance LLC** <br>6.375% due 02/01/2027 | 1000 | 1006 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Palm** **RE Ltd.** <br>13.794% due 06/09/2031 ~ | 250 | 256 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (g) | 7600 | 5408 |
| **Panther Escrow Issuer LLC** <br>7.125% due 06/01/2031 | 4600 | 4781 |
| **PennyMac Financial Services, Inc.**  |  |  |
| 4.250% due 02/15/2029  | 1850 | 1780 |
| 5.750% due 09/15/2031  | 2375 | 2331 |
| **Petrorio Luxembourg Holding SARL** <br>6.125% due 06/09/2026 | 900 | 902 |
| **PRA Group, Inc.** <br>8.875% due 01/31/2030 | 1400 | 1445 |
| **Purple Re Ltd.** <br>13.294% due 06/07/2027 ~ | 700 | 717 |
| **Rayonier LP** <br>2.750% due 05/17/2031 | 300 | 265 |
| **Realty Income Corp.**  |  |  |
| 1.625% due 12/15/2030  | 500 | 580 |
| 3.200% due 01/15/2027  | $500 | 492 |
| **Rexford Industrial Realty LP** <br>2.125% due 12/01/2030 | 1860 | 1619 |
| **RHP Hotel Properties LP** <br>4.500% due 02/15/2029 | 1275 | 1247 |
| **RLJ Lodging Trust LP** <br>3.750% due 07/01/2026 | 975 | 966 |
| **Rocket Cos., Inc.** <br>6.125% due 08/01/2030 | 1900 | 1937 |
| **Rocket Mortgage LLC** <br>4.000% due 10/15/2033 | 2425 | 2171 |
| **Sabine Re Ltd.** <br>12.544% due 04/07/2031 ~ | 400 | 414 |
| **Sammons Financial Group, Inc.**  |  |  |
| 3.350% due 04/16/2031  | 1025 | 942 |
| 6.875% due 04/15/2034  | 3000 | 3219 |
| **Santander Holdings USA, Inc.** <br>5.741% due 03/20/2031 •  | 2900 | 2978 |
| **Santander U.K. Group Holdings PLC** <br>3.823% due 11/03/2028 •  | 2400 | 2353 |
| **SBA Communications Corp.** <br>3.875% due 02/15/2027 | 1000 | 985 |
| **Stellantis Finance U.S., Inc.** <br>5.750% due 03/18/2030 | 1900 | 1918 |
| **Stifel Financial Corp.** <br>4.000% due 05/15/2030 | 980 | 942 |
| **Sunrise FinCo BV** <br>4.875% due 07/15/2031 | 950 | 899 |
| **Synchrony Financial** <br>2.875% due 10/28/2031 | 1700 | 1476 |
| **Tesco Property Finance PLC**  |  |  |
| 5.411% due 07/13/2044  | 86 | 114 |
| 5.801% due 10/13/2040  | 185 | 255 |
| 6.052% due 10/13/2039  | 6328 | 8914 |
| **Thames SSNM** <br>9.750% due 10/10/2027 « | 270 | 347 |
| **Trust Fibra Uno**  |  |  |
| 6.390% due 01/15/2050  | $2100 | 1756 |
| 7.375% due 02/13/2034  | 2000 | 2038 |
| **UBS Group AG**  |  |  |
| 2.095% due 02/11/2032 •  | 700 | 606 |
| 3.091% due 05/14/2032 •  | 1525 | 1385 |
| 4.194% due 04/01/2031 •  | 2500 | 2449 |
| 5.428% due 02/08/2030 •  | 2000 | 2054 |
| 5.617% due 09/13/2030 •  | 1600 | 1662 |
| **UniCredit SpA** <br>2.569% due 09/22/2026 •  | 8650 | 8606 |
| **VB DPR Finance Co.** <br>6.833% due 03/15/2035 «(l) | 4300 | 4216 |
| **VICI Properties LP**  |  |  |
| 3.875% due 02/15/2029  | 3550 | 3436 |
| 4.125% due 08/15/2030  | 625 | 600 |
| 4.250% due 12/01/2026  | 2030 | 2018 |
| 5.750% due 02/01/2027  | 1030 | 1045 |
| **Wells Fargo & Co.**  |  |  |
| 2.393% due 06/02/2028 •  | 2900 | 2795 |
| 5.211% due 12/03/2035 •  | 5000 | 5021 |
| **Weyerhaeuser Co.**  |  |  |
| 6.950% due 10/01/2027  | 460 | 484 |
| 7.375% due 03/15/2032  | 508 | 574 |
|  |  | 433587 |
| **INDUSTRIALS 25.8%**  |  |  |
| **AA Bond Co. Ltd.** <br>6.500% due 01/31/2026 | 346 | 476 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **AEP** **Transmission Co. LLC** <br>5.150% due 04/01/2034 | $1000 | 1013 |
| **Air Canada Pass-Through Trust**  |  |  |
| 3.600% due 09/15/2028  | 413 | 403 |
| 5.250% due 10/01/2030  | 676 | 683 |
| **Aker BP ASA** <br>4.000% due 01/15/2031 | 1300 | 1235 |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | 1023 | 1024 |
| **Albion Financing SARL** <br>7.000% due 05/21/2030 | 3400 | 3478 |
| **Allegion U.S. Holding Co., Inc.** <br>3.550% due 10/01/2027 | 600 | 588 |
| **ALROSA Finance SA** <br>3.100% due 06/25/2027 ^«(d) | 5500 | 330 |
| **Altice France Holding SA** <br>10.500% due 05/15/2027 | 2900 | 1010 |
| **Altice France SA**  |  |  |
| 3.375% due 01/15/2028  | 1025 | 1014 |
| 4.250% due 10/15/2029  | 800 | 793 |
| 5.500% due 10/15/2029  | $2625 | 2179 |
| 8.125% due 02/01/2027  | 400 | 360 |
| **AMC Networks, Inc.** <br>4.250% due 02/15/2029 | 735 | 590 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 3420 | 3020 |
| 3.000% due 04/15/2030  | 105 | 99 |
| 3.150% due 08/15/2033  | 259 | 238 |
| 3.200% due 12/15/2029  | 1335 | 1282 |
| 3.350% due 04/15/2031  | 1242 | 1184 |
| 3.375% due 11/01/2028  | 1199 | 1169 |
| 3.575% due 07/15/2029  | 771 | 748 |
| 3.600% due 03/22/2029  | 574 | 559 |
| 3.600% due 04/15/2031  | 112 | 103 |
| 3.650% due 02/15/2029  | 369 | 357 |
| 3.700% due 04/01/2028  | 230 | 226 |
| **American Airlines, Inc.** <br>5.500% due 04/20/2026 | 1258 | 1256 |
| **American Builders & Contractors Supply Co., Inc.** <br>3.875% due 11/15/2029 | 1000 | 947 |
| **AngloGold Ashanti Holdings PLC** <br>3.750% due 10/01/2030 | 400 | 373 |
| **Antofagasta PLC** <br>2.375% due 10/14/2030 | 800 | 708 |
| **Apache Corp.** <br>4.875% due 11/15/2027 | 870 | 866 |
| **Aris Water Holdings LLC** <br>7.250% due 04/01/2030 | 3000 | 3098 |
| **AS Mileage Plan IP Ltd.** <br>5.308% due 10/20/2031 | 3000 | 2953 |
| **Ascent Resources Utica Holdings LLC** <br>6.625% due 07/15/2033 | 3000 | 3046 |
| **Ashtead Capital, Inc.** <br>4.000% due 05/01/2028 | 700 | 690 |
| **ATS Corp.** <br>4.125% due 12/15/2028 | 650 | 622 |
| **Avantor Funding, Inc.**  |  |  |
| 3.875% due 11/01/2029  | 1825 | 1729 |
| 4.625% due 07/15/2028  | 2545 | 2501 |
| **Axalta Coating Systems LLC** <br>3.375% due 02/15/2029 | 1250 | 1185 |
| **Axon Enterprise, Inc.** <br>6.250% due 03/15/2033 | 2000 | 2064 |
| **Bausch & Lomb Corp.** <br>8.375% due 10/01/2028 | 1000 | 1045 |
| **Bayer U.S. Finance LLC**  |  |  |
| 4.250% due 12/15/2025  | 2100 | 2094 |
| 4.375% due 12/15/2028  | 2300 | 2279 |
| 6.375% due 11/21/2030  | 800 | 850 |
| **BC Ltd.** <br>10.000% due 04/15/2032 | 1350 | 1363 |
| **BC ULC**  |  |  |
| 4.000% due 10/15/2030  | 3400 | 3172 |
| 4.375% due 01/15/2028  | 4660 | 4574 |
| **Block Communications, Inc.** <br>4.875% due 03/01/2028 | 1600 | 1539 |
| **Block, Inc.**  |  |  |
| 2.750% due 06/01/2026  | 1325 | 1298 |
| 3.500% due 06/01/2031  | 1400 | 1285 |
| **Boeing Co.**  |  |  |
| 3.250% due 02/01/2028  | 2390 | 2319 |
| 5.040% due 05/01/2027  | 600 | 605 |
| 5.150% due 05/01/2030  | 2835 | 2888 |
| 5.805% due 05/01/2050  | 1850 | 1776 |
| 5.930% due 05/01/2060  | 2570 | 2445 |
| 6.388% due 05/01/2031  | 1400 | 1505 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Booz** **Allen Hamilton, Inc.** <br>3.875% due 09/01/2028 | 870 | 844 |
| **Boparan Finance PLC** <br>9.375% due 11/07/2029 | 2300 | 3279 |
| **Boyne USA, Inc.** <br>4.750% due 05/15/2029 | $1000 | 971 |
| **British Airways Pass-Through Trust**  |  |  |
| 2.900% due 09/15/2036  | 1060 | 957 |
| 4.250% due 05/15/2034  | 732 | 703 |
| **Broadcom, Inc.**  |  |  |
| 2.600% due 02/15/2033  | 1000 | 856 |
| 3.137% due 11/15/2035  | 906 | 765 |
| 3.187% due 11/15/2036  | 1640 | 1360 |
| 3.419% due 04/15/2033  | 2380 | 2159 |
| 3.469% due 04/15/2034  | 5234 | 4677 |
| 4.300% due 11/15/2032  | 1590 | 1543 |
| **Builders FirstSource, Inc.**  |  |  |
| 4.250% due 02/01/2032  | 3200 | 2967 |
| 6.750% due 05/15/2035  | 2000 | 2062 |
| **Burberry Group PLC** <br>5.750% due 06/20/2030 | 3000 | 4123 |
| **BWX Technologies, Inc.** <br>4.125% due 06/30/2028 | $1770 | 1728 |
| **CA Magnum Holdings** <br>5.375% due 10/31/2026 | 2400 | 2388 |
| **Cablevision Lightpath LLC** <br>3.875% due 09/15/2027 | 325 | 313 |
| **Cameron LNG LLC**  |  |  |
| 3.302% due 01/15/2035  | 300 | 257 |
| 3.402% due 01/15/2038  | 400 | 342 |
| **Canadian Natural Resources Ltd.** <br>5.400% due 12/15/2034 | 1100 | 1094 |
| **Carnival Corp.** <br>4.000% due 08/01/2028 | 6550 | 6415 |
| **Carvana Co. (11.000% Cash or 13.000% PIK)** <br>11.000% due 06/01/2030 (c) | 3000 | 3157 |
| **CCO Holdings LLC**  |  |  |
| 5.125% due 05/01/2027  | 3000 | 2992 |
| 5.375% due 06/01/2029  | 1000 | 997 |
| **Celanese U.S. Holdings LLC**  |  |  |
| 6.500% due 04/15/2030  | 1200 | 1229 |
| 6.629% due 07/15/2032  | 1300 | 1364 |
| **Cencora, Inc.** <br>3.625% due 05/22/2032 | 1850 | 2202 |
| **Centene Corp.**  |  |  |
| 2.500% due 03/01/2031  | $3000 | 2585 |
| 4.250% due 12/15/2027  | 2200 | 2168 |
| 4.625% due 12/15/2029  | 1900 | 1849 |
| **Cerdia Finanz GmbH** <br>9.375% due 10/03/2031 | 1500 | 1558 |
| **CF Industries, Inc.** <br>5.150% due 03/15/2034 | 2825 | 2815 |
| **Charles River Laboratories International, Inc.** <br>4.250% due 05/01/2028 | 420 | 408 |
| **Charter Communications Operating LLC**  |  |  |
| 3.500% due 06/01/2041  | 2200 | 1597 |
| 3.750% due 02/15/2028  | 1300 | 1276 |
| 3.850% due 04/01/2061  | 5425 | 3479 |
| 3.900% due 06/01/2052  | 1875 | 1288 |
| **Cheniere Corpus Christi Holdings LLC** <br>3.700% due 11/15/2029 | 1410 | 1361 |
| **Cheplapharm Arzneimittel GmbH**  |  |  |
| 4.375% due 01/15/2028  | 2000 | 2334 |
| 5.500% due 01/15/2028  | $300 | 290 |
| **Chobani LLC** <br>4.625% due 11/15/2028 | 1900 | 1867 |
| **Choice Hotels International, Inc.** <br>3.700% due 12/01/2029 | 1850 | 1749 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | 3200 | 3271 |
| **Clarivate Science Holdings Corp.** <br>3.875% due 07/01/2028 | 1725 | 1655 |
| **Clydesdale Acquisition Holdings, Inc.** <br>6.750% due 04/15/2032 | 3900 | 4005 |
| **CMA CGM SA** <br>5.000% due 01/15/2031 | 1400 | 1650 |
| **Cogent Communications Group LLC** <br>6.500% due 07/01/2032 | $2400 | 2366 |
| **Community Health Systems, Inc.**  |  |  |
| 5.250% due 05/15/2030  | 2150 | 1909 |
| 5.625% due 03/15/2027  | 2275 | 2242 |
| 6.000% due 01/15/2029  | 1000 | 963 |
| **Consolidated Communications, Inc.** <br>5.000% due 10/01/2028 | 550 | 556 |
| **Continental Wind LLC** <br>6.000% due 02/28/2033 | 133 | 137 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Coty** **, Inc.**  |  |  |
| 3.875% due 04/15/2026  | 775 | 914 |
| 5.000% due 04/15/2026  | $594 | 596 |
| **CQP Holdco LP** <br>5.500% due 06/15/2031 | 1200 | 1186 |
| **CVS Pass-Through Trust**  |  |  |
| 5.773% due 01/10/2033  | 197 | 198 |
| 5.926% due 01/10/2034  | 22 | 22 |
| 6.036% due 12/10/2028  | 38 | 38 |
| 6.943% due 01/10/2030  | 4184 | 4320 |
| 7.507% due 01/10/2032  | 3433 | 3596 |
| 8.353% due 07/10/2031  | 742 | 806 |
| **Dcli Bidco LLC** <br>7.750% due 11/15/2029 | 1950 | 1977 |
| **DCP Midstream Operating LP** <br>3.250% due 02/15/2032 | 2350 | 2078 |
| **Delta Air Lines, Inc.**  |  |  |
| 4.500% due 10/20/2025  | 600 | 599 |
| 4.750% due 10/20/2028  | 2705 | 2713 |
| **Diamondback Energy, Inc.** <br>5.550% due 04/01/2035 | 1000 | 1011 |
| **DirecTV Financing LLC** <br>5.875% due 08/15/2027 | 2900 | 2892 |
| **DT Midstream, Inc.** <br>4.125% due 06/15/2029 | 1480 | 1430 |
| **EchoStar Corp.** <br>10.750% due 11/30/2029 | 1525 | 1572 |
| **Ecopetrol SA** <br>7.375% due 09/18/2043 | 2130 | 1776 |
| **Efesto Bidco SpA Efesto U.S. LLC** <br>7.500% due 02/15/2032 | 3200 | 3243 |
| **Elanco Animal Health, Inc.** <br>6.650% due 08/28/2028 | 1470 | 1533 |
| **ELO SACA**  |  |  |
| 3.250% due 07/23/2027  | 2400 | 2731 |
| 4.875% due 12/08/2028  | 2500 | 2676 |
| **Empresa de los Ferrocarriles del Estado** <br>3.068% due 08/18/2050 | $1700 | 1007 |
| **Empresa de Transporte de Pasajeros Metro SA** <br>3.650% due 05/07/2030 | 1000 | 951 |
| **Energy Transfer LP**  |  |  |
| 3.750% due 05/15/2030  | 780 | 749 |
| 5.250% due 04/15/2029  | 200 | 205 |
| 6.000% due 02/01/2029  | 1125 | 1143 |
| 6.125% due 12/15/2045  | 2080 | 2045 |
| 6.500% due 02/01/2042  | 800 | 830 |
| **Eni SpA**  |  |  |
| 5.500% due 05/15/2034  | 3425 | 3453 |
| 5.750% due 05/19/2035  | 900 | 921 |
| **EQT Corp.** <br>6.500% due 07/01/2027 | 1930 | 1974 |
| **ESAB Corp.** <br>6.250% due 04/15/2029 | 2000 | 2050 |
| **Expand Energy Corp.**  |  |  |
| 4.750% due 02/01/2032  | 6800 | 6617 |
| 5.375% due 02/01/2029  | 660 | 661 |
| **Fair Isaac Corp.** <br>4.000% due 06/15/2028 | 2095 | 2041 |
| **Ferguson Finance PLC** <br>3.250% due 06/02/2030 | 600 | 565 |
| **First Student Bidco, Inc.** <br>4.000% due 07/31/2029 | 2675 | 2516 |
| **Flex Intermediate Holdco LLC** <br>3.363% due 06/30/2031 | 2000 | 1779 |
| **Flora Food Management BV** <br>6.875% due 07/02/2029 | 3200 | 3833 |
| **Flutter Treasury DAC** <br>6.375% due 04/29/2029 | $4000 | 4123 |
| **Fresenius Medical Care U.S. Finance, Inc.** <br>2.375% due 02/16/2031 | 2940 | 2544 |
| **Frontier Communications Holdings LLC** <br>5.875% due 10/15/2027 | 2750 | 2753 |
| **Garda World Security Corp.** <br>4.625% due 02/15/2027 | 660 | 656 |
| **Gartner, Inc.** <br>3.750% due 10/01/2030 | 2825 | 2645 |
| **Gazprom PJSC Via Gaz Capital SA** <br>8.625% due 04/28/2034 | 5500 | 4813 |
| **Global Medical Response, Inc.** <br>9.500% due 10/31/2028 | 2601 | 2612 |
| **Goat Holdco LLC** <br>6.750% due 02/01/2032 | 2125 | 2162 |
| **goeasy Ltd.**  |  |  |
| 7.375% due 10/01/2030  | 2000 | 2045 |
| 9.250% due 12/01/2028  | 2000 | 2117 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Greensaif** **Pipelines Bidco SARL** <br>6.129% due 02/23/2038 | 3700 | 3818 |
| **Guara Norte SARL** <br>5.198% due 06/15/2034 | 2305 | 2186 |
| **GYP Holdings Corp.** <br>4.625% due 05/01/2029 | 1250 | 1254 |
| **Harbour Energy PLC** <br>6.327% due 04/01/2035 | 800 | 796 |
| **HCA, Inc.**  |  |  |
| 3.500% due 09/01/2030  | 1230 | 1164 |
| 4.625% due 03/15/2052  | 1300 | 1046 |
| 5.625% due 09/01/2028  | 1324 | 1363 |
| 5.750% due 03/01/2035  | 2500 | 2572 |
| 5.875% due 02/01/2029  | 1600 | 1661 |
| **HealthEquity, Inc.** <br>4.500% due 10/01/2029 | 2000 | 1947 |
| **Hilton Domestic Operating Co., Inc.**  |  |  |
| 3.625% due 02/15/2032  | 6375 | 5779 |
| 3.750% due 05/01/2029  | 5000 | 4796 |
| 4.000% due 05/01/2031  | 1375 | 1294 |
| **Hilton Grand Vacations Borrower LLC** <br>4.875% due 07/01/2031 | 1100 | 1014 |
| **Howard Midstream Energy Partners LLC** <br>7.375% due 07/15/2032 | 2225 | 2342 |
| **IHO Verwaltungs GmbH (6.750% Cash or 7.500% PIK)** <br>6.750% due 11/15/2029 (c) | 4150 | 5120 |
| **Imola Merger Corp.** <br>4.750% due 05/15/2029 | $4325 | 4179 |
| **Infor LLC** <br>1.750% due 07/15/2025 | 900 | 899 |
| **Ingevity Corp.** <br>3.875% due 11/01/2028 | 1600 | 1527 |
| **Intelligent Packaging Ltd. Finco, Inc.** <br>6.000% due 09/15/2028 | 2150 | 2150 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 | 5213 | 5329 |
| **International Distribution Services PLC** <br>7.375% due 09/14/2030 | 1000 | 1444 |
| **IQVIA, Inc.**  |  |  |
| 5.700% due 05/15/2028  | $1000 | 1026 |
| 6.250% due 06/01/2032  | 5800 | 5959 |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 | 1200 | 1168 |
| **JetBlue Pass-Through Trust** <br>4.000% due 05/15/2034 | 1355 | 1271 |
| **John Lewis PLC** <br>4.250% due 12/18/2034 | 975 | 1091 |
| **Kallpa Generacion SA** <br>5.875% due 01/30/2032 | $1400 | 1436 |
| **KazMunayGas National Co. JSC**  |  |  |
| 5.375% due 04/24/2030  | 1600 | 1615 |
| 5.750% due 04/19/2047  | 3600 | 3137 |
| **Kinder Morgan, Inc.** <br>7.750% due 01/15/2032 | 5975 | 6901 |
| **Kraft Heinz Foods Co.** <br>4.375% due 06/01/2046 | 1000 | 810 |
| **Kraken Oil & Gas Partners LLC** <br>7.625% due 08/15/2029 | 4500 | 4425 |
| **Las Vegas Sands Corp.** <br>3.900% due 08/08/2029 | 1630 | 1553 |
| **Leidos, Inc.** <br>2.300% due 02/15/2031 | 950 | 832 |
| **Level 3 Financing, Inc.** <br>11.000% due 11/15/2029 | 2437 | 2798 |
| **Leviathan Bond Ltd.** <br>6.500% due 06/30/2027 | 1470 | 1464 |
| **LifePoint Health, Inc.** <br>8.375% due 02/15/2032 | 3000 | 3199 |
| **Live Nation Entertainment, Inc.**  |  |  |
| 3.750% due 01/15/2028  | 2000 | 1940 |
| 4.750% due 10/15/2027  | 480 | 475 |
| **Marriott International, Inc.** <br>3.500% due 10/15/2032 | 2210 | 2010 |
| **Mars, Inc.** <br>5.000% due 03/01/2032 | 2000 | 2028 |
| **Medline Borrower LP** <br>6.250% due 04/01/2029 | 4000 | 4114 |
| **MGM China Holdings Ltd.** <br>4.750% due 02/01/2027 | 3900 | 3873 |
| **Midwest Gaming Borrower LLC** <br>4.875% due 05/01/2029 | 1400 | 1349 |
| **Mitchells & Butlers Finance PLC** <br>6.469% due 09/15/2032 | 1700 | 2330 |
| **MPH Acquisition Holdings LLC** <br>5.750% due 12/31/2030 | $404 | 334 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MPH** **Acquisition Holdings LLC (6.500% Cash and 5.000% PIK)** <br>11.500% due 12/31/2030 (c) | 211 | 210 |
| **National Football League**  |  |  |
| 5.480% due 10/05/2028 «(l)  | 6600 | 6716 |
| 5.580% due 10/05/2033 «(l)  | 5000 | 5052 |
| **National Fuel Gas Co.** <br>2.950% due 03/01/2031 | 1150 | 1027 |
| **NCL Corp. Ltd.**  |  |  |
| 5.875% due 02/15/2027  | 900 | 904 |
| 8.125% due 01/15/2029  | 2000 | 2110 |
| **New Albertsons LP** <br>6.570% due 02/23/2028 | 800 | 794 |
| **Newell Brands, Inc.** <br>8.500% due 06/01/2028 | 2400 | 2527 |
| **Newfold Digital Holdings Group, Inc.** <br>6.000% due 02/15/2029 « | 1325 | 775 |
| **Nissan Motor Co. Ltd.** <br>4.345% due 09/17/2027 | 3000 | 2882 |
| **Noble Finance LLC** <br>8.000% due 04/15/2030 | 5200 | 5299 |
| **Novelis Corp.**  |  |  |
| 3.250% due 11/15/2026  | 600 | 591 |
| 3.875% due 08/15/2031  | 700 | 630 |
| **NPC Ukrenergo** <br>6.875% due 11/09/2028 | 600 | 488 |
| **NuStar Logistics LP** <br>6.375% due 10/01/2030 | 1310 | 1358 |
| **NXP BV**  |  |  |
| 3.150% due 05/01/2027  | 200 | 196 |
| 3.875% due 06/18/2026  | 1400 | 1392 |
| **Occidental Petroleum Corp.**  |  |  |
| 6.450% due 09/15/2036  | 250 | 256 |
| 6.625% due 09/01/2030  | 1990 | 2106 |
| 8.875% due 07/15/2030  | 1040 | 1189 |
| **OCP SA** <br>6.700% due 03/01/2036 | 3000 | 3020 |
| **Olympus Water U.S. Holding Corp.**  |  |  |
| 3.875% due 10/01/2028  | 1750 | 2024 |
| 4.250% due 10/01/2028  | $1700 | 1618 |
| **ON Semiconductor Corp.** <br>3.875% due 09/01/2028 | 1820 | 1762 |
| **Opal Bidco SAS** <br>5.500% due 03/31/2032 | 2600 | 3132 |
| **Open Text Holdings, Inc.** <br>4.125% due 02/15/2030 | $600 | 568 |
| **Oracle Corp.** <br>3.850% due 04/01/2060 | 3200 | 2207 |
| **Organon & Co.** <br>4.125% due 04/30/2028 | 5000 | 4812 |
| **ORLEN SA** <br>6.000% due 01/30/2035 | 1800 | 1850 |
| **Permian Resources Operating LLC** <br>6.250% due 02/01/2033 | 1600 | 1616 |
| **Pertamina Persero PT**  |  |  |
| 4.150% due 02/25/2060  | 1000 | 703 |
| 4.175% due 01/21/2050  | 1500 | 1118 |
| 4.700% due 07/30/2049  | 3000 | 2435 |
| 6.500% due 05/27/2041  | 3000 | 3112 |
| 6.500% due 11/07/2048  | 3500 | 3594 |
| **Petroleos de Venezuela SA** <br>5.500% due 04/12/2037 ^(d) | 27535 | 3470 |
| **Petroleos Mexicanos**  |  |  |
| 6.350% due 02/12/2048  | 4526 | 3154 |
| 6.375% due 01/23/2045  | 8510 | 6034 |
| 6.750% due 09/21/2047  | 13456 | 9755 |
| 6.950% due 01/28/2060  | 4262 | 3065 |
| 7.690% due 01/23/2050  | 10170 | 8006 |
| **PetSmart, Inc.**  |  |  |
| 4.750% due 02/15/2028  | 1350 | 1318 |
| 7.750% due 02/15/2029  | 825 | 803 |
| **Picard Groupe SAS** <br>6.375% due 07/01/2029 | 2000 | 2462 |
| **Pinnacle Bidco PLC** <br>8.250% due 10/11/2028 | 3000 | 3715 |
| **Post Holdings, Inc.** <br>4.625% due 04/15/2030 | $2510 | 2415 |
| **Prestige Brands, Inc.** <br>5.125% due 01/15/2028 | 100 | 99 |
| **Prime Healthcare Services, Inc.** <br>9.375% due 09/01/2029 | 1450 | 1440 |
| **Prime Security Services Borrower LLC**  |  |  |
| 3.375% due 08/31/2027  | 2400 | 2327 |
| 5.750% due 04/15/2026  | 907 | 913 |
| **Primo Water Holdings, Inc.** <br>6.250% due 04/01/2029 | 3400 | 3427 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **ProFrac** **Holdings LLC** <br>11.542% due 01/23/2029 ~ | 593 | 608 |
| **PTC, Inc.** <br>4.000% due 02/15/2028 | 200 | 195 |
| **Quanta Services, Inc.** <br>2.900% due 10/01/2030 | 975 | 899 |
| **Quikrete Holdings, Inc.** <br>6.375% due 03/01/2032 | 5300 | 5453 |
| **QXO Building Products, Inc.** <br>6.750% due 04/30/2032 | 3000 | 3098 |
| **Raven Acquisition Holdings LLC** <br>6.875% due 11/15/2031 | 5025 | 5038 |
| **ReNew Pvt Ltd.** <br>5.875% due 03/05/2027 | 478 | 475 |
| **Rockies Express Pipeline LLC** <br>4.800% due 05/15/2030 | 2480 | 2406 |
| **Rolls-Royce PLC**  |  |  |
| 4.625% due 02/16/2026  | 1000 | 1189 |
| 5.750% due 10/15/2027  | $3200 | 3287 |
| **Royal Caribbean Cruises Ltd.** <br>5.625% due 09/30/2031 | 2000 | 2013 |
| **Sands China Ltd.**  |  |  |
| 2.850% due 03/08/2029  | 3700 | 3405 |
| 3.800% due 01/08/2026  | 1000 | 995 |
| 5.400% due 08/08/2028  | 1425 | 1437 |
| **Santos Finance Ltd.** <br>3.649% due 04/29/2031 | 1325 | 1234 |
| **Sartorius Finance BV**  |  |  |
| 4.500% due 09/14/2032  | 2500 | 3090 |
| 4.875% due 09/14/2035  | 5200 | 6557 |
| **Sasol Financing USA LLC**  |  |  |
| 4.375% due 09/18/2026  | $1800 | 1776 |
| 6.500% due 09/27/2028  | 4350 | 4137 |
| **Saudi Arabian Oil Co.**  |  |  |
| 3.250% due 11/24/2050  | 550 | 350 |
| 3.500% due 11/24/2070  | 2000 | 1200 |
| **Seadrill Finance Ltd.** <br>8.375% due 08/01/2030 | 3350 | 3414 |
| **Seagate HDD Cayman** <br>9.625% due 12/01/2032 | 3698 | 4172 |
| **Simmons Foods, Inc.** <br>4.625% due 03/01/2029 | 250 | 236 |
| **Sitio Royalties Operating Partnership LP** <br>7.875% due 11/01/2028 | 1000 | 1048 |
| **Sociedad Quimica y Minera de Chile SA** <br>5.500% due 09/10/2034 | 3000 | 2923 |
| **Speedway Motorsports LLC** <br>4.875% due 11/01/2027 | 950 | 944 |
| **Spirit AeroSystems, Inc.** <br>9.750% due 11/15/2030 | 2000 | 2208 |
| **Spirit Airlines Pass-Through Trust**  |  |  |
| 3.650% due 08/15/2031  | 62 | 54 |
| 4.100% due 10/01/2029  | 292 | 268 |
| **Spirit Loyalty Cayman Ltd. (11.000% Cash or 4.000% PIK and 8.000% Cash)** <br>11.000% due 03/12/2030 (c) | 1135 | 773 |
| **Stagwell Global LLC** <br>5.625% due 08/15/2029 | 1400 | 1341 |
| **Standard Industries, Inc.**  |  |  |
| 2.250% due 11/21/2026  | 3990 | 4658 |
| 3.375% due 01/15/2031  | $6420 | 5762 |
| 4.750% due 01/15/2028  | 1200 | 1188 |
| 5.000% due 02/15/2027  | 1170 | 1168 |
| **Station Casinos LLC**  |  |  |
| 4.500% due 02/15/2028  | 1220 | 1197 |
| 4.625% due 12/01/2031  | 2000 | 1875 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.550% due 02/15/2031  | 1165 | 1044 |
| 2.625% due 02/15/2029  | 2475 | 2324 |
| 2.875% due 02/15/2031  | 3210 | 2923 |
| 3.875% due 04/15/2030  | 4650 | 4518 |
| **TeamSystem SpA** <br>3.500% due 02/15/2028 | 400 | 469 |
| **TGS ASA** <br>8.500% due 01/15/2030 | $1000 | 1036 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 268 | 405 |
| **Thames Water Utilities Finance PLC** <br>4.375% due 01/18/2033 | 6200 | 4780 |
| **Thames Water Utilities Ltd.** <br>0.000% due 03/22/2027 (g) | 39 | 45 |
| **Tidewater, Inc.** <br>9.125% due 07/15/2030 (b) | $2400 | 2471 |
| **TK Elevator Midco GmbH** <br>4.375% due 07/15/2027 | 1000 | 1179 |
| **Topaz Solar Farms LLC** <br>5.750% due 09/30/2039 | $565 | 555 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **TopBuild** **Corp.** <br>4.125% due 02/15/2032 | 3925 | 3642 |
| **Toucan FinCo Ltd.** <br>9.500% due 05/15/2030 | 2700 | 2762 |
| **Travel & Leisure Co.** <br>4.625% due 03/01/2030 | 1100 | 1055 |
| **TreeHouse Foods, Inc.** <br>4.000% due 09/01/2028 | 1690 | 1543 |
| **Turkish Airlines Pass-Through Trust** <br>4.200% due 09/15/2028 | 108 | 105 |
| **Twilio, Inc.** <br>3.625% due 03/15/2029 | 1800 | 1715 |
| **U.S. Foods, Inc.** <br>4.750% due 02/15/2029 | 600 | 590 |
| **U.S. Renal Care, Inc.** <br>10.625% due 06/28/2028 | 779 | 667 |
| **UCB SA** <br>4.250% due 03/20/2030 | 1100 | 1330 |
| **UKG, Inc.** <br>6.875% due 02/01/2031 | $4000 | 4153 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 227 | 203 |
| 2.900% due 11/01/2029  | 488 | 453 |
| 3.100% due 01/07/2030  | 166 | 159 |
| 3.500% due 09/01/2031  | 340 | 321 |
| 4.150% due 02/25/2033  | 986 | 947 |
| 5.800% due 07/15/2037  | 2866 | 2934 |
| 5.875% due 04/15/2029  | 2095 | 2139 |
| **United Airlines, Inc.** <br>4.375% due 04/15/2026 | 2980 | 2962 |
| **Univision Communications, Inc.** <br>4.500% due 05/01/2029 | 1100 | 1001 |
| **Valaris Ltd.** <br>8.375% due 04/30/2030 | 1200 | 1232 |
| **Var Energi ASA** <br>5.875% due 05/22/2030 | 4200 | 4306 |
| **Venture Global Calcasieu Pass LLC**  |  |  |
| 3.875% due 08/15/2029  | 7700 | 7265 |
| 3.875% due 11/01/2033  | 4300 | 3764 |
| **Venture Global LNG, Inc.**  |  |  |
| 7.000% due 01/15/2030  | 1600 | 1619 |
| 8.125% due 06/01/2028  | 3000 | 3103 |
| 8.375% due 06/01/2031  | 2500 | 2598 |
| 9.500% due 02/01/2029  | 6800 | 7412 |
| **Venture Global Plaquemines LNG LLC** <br>6.500% due 01/15/2034 (b) | 3400 | 3400 |
| **Verisure Holding AB** <br>3.250% due 02/15/2027 | 2000 | 2344 |
| **Viking Ocean Cruises Ship Ltd.** <br>5.625% due 02/15/2029 | $550 | 548 |
| **Viper Energy, Inc.** <br>5.375% due 11/01/2027 | 2560 | 2564 |
| **Virgin Media Secured Finance PLC**  |  |  |
| 4.250% due 01/15/2030  | 5200 | 6547 |
| 5.250% due 05/15/2029  | 100 | 133 |
| **Virgin Media Vendor Financing Notes DAC** <br>4.875% due 07/15/2028 | 3100 | 4064 |
| **Viridien** <br>8.500% due 10/15/2030 | 2600 | 3046 |
| **Vmed O2 U.K. Financing PLC** <br>4.250% due 01/31/2031 | $3850 | 3529 |
| **VOC Escrow Ltd.** <br>5.000% due 02/15/2028 | 2518 | 2507 |
| **Volkswagen Group of America Finance LLC** <br>5.050% due 03/27/2028 | 6100 | 6137 |
| **Wabtec Transportation Netherlands BV** <br>1.250% due 12/03/2027 | 400 | 456 |
| **Walgreens Boots Alliance, Inc.** <br>3.600% due 11/20/2025 | 2700 | 3667 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 4.279% due 03/15/2032  | $850 | 719 |
| 5.050% due 03/15/2042  | 750 | 509 |
| **Wayfair LLC** <br>7.750% due 09/15/2030 | 3900 | 3934 |
| **Western Digital Corp.** <br>4.750% due 02/15/2026 | 661 | 660 |
| **Windstream Services LLC** <br>8.250% due 10/01/2031 | 2300 | 2411 |
| **WMG Acquisition Corp.** <br>2.250% due 08/15/2031 | 3800 | 4160 |
| **Woodside Finance Ltd.** <br>5.100% due 09/12/2034 | $4500 | 4360 |
| **WR Grace Holdings LLC** <br>4.875% due 06/15/2027 | 1810 | 1802 |
| **Wyndham Hotels & Resorts, Inc.** <br>4.375% due 08/15/2028 | 2760 | 2702 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Wynn** **Las Vegas LLC** <br>5.250% due 05/15/2027 | 3800 | 3805 |
| **Wynn Macau Ltd.** <br>5.625% due 08/26/2028 | 4425 | 4353 |
| **Wynn Resorts Finance LLC** <br>5.125% due 10/01/2029 | 2250 | 2235 |
| **Yellowstone Energy LP** <br>5.750% due 12/31/2026 | 768 | 757 |
| **Yinson Boronia Production BV** <br>8.947% due 07/31/2042 | 5427 | 5782 |
| **Yum! Brands, Inc.** <br>4.625% due 01/31/2032 | 2125 | 2048 |
| **Zayo Group Holdings, Inc.** <br>4.000% due 03/01/2027 | 260 | 244 |
| **ZF North America Capital, Inc.** <br>6.875% due 04/14/2028 | 2000 | 2008 |
| **ZipRecruiter, Inc.** <br>5.000% due 01/15/2030 | 1000 | 855 |
|  |  | 751455 |
| **UTILITIES 4.1%**  |  |  |
| **Alabama Power Co.** <br>1.450% due 09/15/2030 | 1570 | 1362 |
| **Ameren Illinois Co.** <br>3.250% due 03/15/2050 | 300 | 204 |
| **AT&T, Inc.**  |  |  |
| 2.750% due 06/01/2031  | 1000 | 907 |
| 3.550% due 09/15/2055  | 6991 | 4721 |
| 3.650% due 09/15/2059  | 5552 | 3728 |
| **Chile Electricity Lux MPC SARL** <br>5.672% due 10/20/2035 | 2800 | 2822 |
| **Clearway Energy Operating LLC** <br>3.750% due 02/15/2031 | 2665 | 2449 |
| **Cleveland Electric Illuminating Co.** <br>4.550% due 11/15/2030 | 600 | 590 |
| **ContourGlobal Power Holdings SA** <br>6.750% due 02/28/2030 | 1500 | 1547 |
| **Dominion Energy, Inc.** <br>5.000% due 06/15/2030 | 2125 | 2170 |
| **Duke Energy Corp.** <br>3.750% due 04/01/2031 | 4150 | 4967 |
| **Edison International** <br>5.750% due 06/15/2027 | $1300 | 1309 |
| **Electricite de France SA**  |  |  |
| 5.250% due 10/13/2055  | 300 | 252 |
| 6.000% due 04/22/2064  | 3100 | 2940 |
| 9.125% due 03/15/2033 •(i)  | 6100 | 6896 |
| **Enel Finance International NV**  |  |  |
| 2.500% due 07/12/2031  | 1700 | 1492 |
| 6.000% due 10/07/2039  | 1300 | 1338 |
| **Entergy Texas, Inc.** <br>1.750% due 03/15/2031 | 2000 | 1728 |
| **Eskom Holdings SOC Ltd.** <br>6.350% due 08/10/2028 | 2000 | 2024 |
| **FirstEnergy Transmission LLC** <br>2.866% due 09/15/2028 | 2000 | 1908 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 1225 | 1165 |
| **Gazprom PJSC Via Gaz Finance PLC** <br>2.950% due 01/27/2029 | 4800 | 3432 |
| **Genesis Energy LP** <br>8.250% due 01/15/2029 | 2100 | 2197 |
| **IPALCO Enterprises, Inc.** <br>4.250% due 05/01/2030 | 300 | 288 |
| **Kentucky Utilities Co.** <br>3.300% due 06/01/2050 | 100 | 67 |
| **Mid-Atlantic Interstate Transmission LLC** <br>4.100% due 05/15/2028 | 650 | 646 |
| **National Grid PLC** <br>0.750% due 09/01/2033 | 4200 | 3973 |
| **NextEra Energy Capital Holdings, Inc.** <br>2.200% due 12/02/2026 | 6900 | 4432 |
| **NGPL PipeCo LLC**  |  |  |
| 4.875% due 08/15/2027  | $1602 | 1594 |
| 7.768% due 12/15/2037  | 1139 | 1302 |
| **Niagara Energy SAC** <br>5.746% due 10/03/2034 | 1600 | 1585 |
| **ONEOK, Inc.**  |  |  |
| 5.050% due 11/01/2034  | 1575 | 1534 |
| 5.625% due 01/15/2028  | 750 | 767 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | 300 | 284 |
| 2.500% due 02/01/2031  | 1400 | 1216 |
| 2.950% due 03/01/2026  | 400 | 395 |
| 3.150% due 01/01/2026  | 1110 | 1100 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.250% due 06/01/2031  | 350 | 314 |
| 3.300% due 03/15/2027  | 700 | 684 |
| 3.300% due 12/01/2027  | 3000 | 2904 |
| 3.500% due 08/01/2050  | 130 | 83 |
| 3.750% due 07/01/2028  | 150 | 146 |
| 3.750% due 08/15/2042  | 100 | 71 |
| 3.950% due 12/01/2047  | 1000 | 706 |
| 4.200% due 03/01/2029  | 2000 | 1953 |
| 4.200% due 06/01/2041  | 500 | 385 |
| 4.250% due 03/15/2046  | 200 | 149 |
| 4.300% due 03/15/2045  | 600 | 453 |
| 4.450% due 04/15/2042  | 500 | 398 |
| 4.500% due 07/01/2040  | 1400 | 1168 |
| 4.600% due 06/15/2043  | 300 | 238 |
| 4.650% due 08/01/2028  | 800 | 796 |
| 4.950% due 07/01/2050  | 444 | 358 |
| **Perusahaan Perseroan Persero PT Perusahaan Listrik Negara**  |  |  |
| 3.000% due 06/30/2030  | 5200 | 4791 |
| 4.000% due 06/30/2050  | 5400 | 3807 |
| 4.375% due 02/05/2050  | 1000 | 761 |
| 4.875% due 07/17/2049  | 3200 | 2605 |
| 6.150% due 05/21/2048  | 2820 | 2749 |
| **Rio Oil Finance Trust** <br>8.200% due 04/06/2028 | 1362 | 1421 |
| **San Diego Gas & Electric Co.** <br>1.700% due 10/01/2030 | 1900 | 1655 |
| **Southern California Edison Co.**  |  |  |
| 2.850% due 08/01/2029  | 100 | 93 |
| 3.650% due 02/01/2050  | 1475 | 976 |
| 4.650% due 10/01/2043  | 800 | 647 |
| 4.875% due 03/01/2049  | 600 | 481 |
| 5.625% due 02/01/2036  | 1000 | 974 |
| 6.650% due 04/01/2029  | 200 | 210 |
| **Southern California Gas Co.** <br>2.550% due 02/01/2030 | 800 | 735 |
| **Southern Gas Corridor CJSC** <br>6.875% due 03/24/2026 | 6980 | 7081 |
| **Targa Resources Partners LP** <br>4.000% due 01/15/2032 | 775 | 723 |
| **Telecom Italia SpA** <br>7.875% due 07/31/2028 | 2650 | 3511 |
| **Tierra Mojada Luxembourg SARL** <br>5.750% due 12/01/2040 | $2805 | 2652 |
| **Vodafone Group PLC**  |  |  |
| 5.125% due 06/19/2059  | 700 | 612 |
| 7.875% due 02/15/2030  | 30 | 34 |
| **Yinson Production Financial Services Pte. Ltd.** <br>9.625% due 05/03/2029 | 2200 | 2287 |
|  |  | 120942 |
| Total Corporate Bonds & Notes (Cost $1,346,311) |  | 1305984 |
| **U.S. GOVERNMENT AGENCIES 16.9%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.230% due 09/25/2040 •(a) | 260 | 7 |
| 1.380% due 09/25/2037 •(a) | 306 | 27 |
| 4.866% due 10/18/2030 •  | 0 | 1 |
| 6.500% due 06/25/2028 | 3 | 3 |
| 6.850% due 12/18/2027 | 3 | 3 |
| **Freddie Mac**  |  |  |
| 4.918% due 09/15/2030 •  | 1 | 1 |
| 5.599% due 10/25/2044 - 02/25/2045 •  | 23 | 21 |
| 5.799% due 07/25/2044 •  | 32 | 31 |
| 6.500% due 07/25/2043 | 3 | 3 |
| **Ginnie Mae**  |  |  |
| 4.625% (H15T1Y + 1.500%) due 07/20/2026 ~ | 1 | 1 |
| 4.750% due 11/20/2026 - 11/20/2027 •  | 2 | 2 |
| 4.875% (H15T1Y + 1.500%) due 05/20/2026 ~ | 1 | 1 |
| 6.112% due 09/16/2042 ~ | 127 | 127 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 02/01/2047 | 506 | 448 |
| 3.500% due 11/01/2045 - 10/01/2048 | 5166 | 4730 |
| 4.000% due 07/01/2048 - 06/01/2049 | 1109 | 1048 |
| 5.000% due 11/01/2035 | 13 | 13 |
| 6.000% due 04/01/2054 | 4001 | 4076 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 08/01/2055 | 67400 | 58316 |
| 4.000% due 07/01/2055 - 08/01/2055 | 34200 | 31801 |
| 4.500% due 08/01/2055 | 91300 | 87300 |
| 5.000% due 08/01/2055 | 39800 | 38985 |
| 6.000% due 08/01/2055 | 100100 | 101632 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.500% due 08/01/2055 | 159500 | 164462 |
| Total U.S. Government Agencies (Cost $488,131) |  | 493039 |
| **U.S. TREASURY OBLIGATIONS 4.7%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.875% due 02/15/2041 | 57400 | 39498 |
| 2.875% due 05/15/2043 (o)(q) | 12532 | 9663 |
| 3.125% due 02/15/2043 (o)(q) | 18631 | 14989 |
| 3.750% due 11/15/2043 (q) | 1500 | 1311 |
| 3.875% due 02/15/2043 (q) | 28000 | 25073 |
| 4.625% due 05/15/2044 (o)(q) | 21700 | 21287 |
| 4.750% due 11/15/2043 (o)(q) | 11700 | 11691 |
| 4.750% due 02/15/2045 | 13200 | 13134 |
| Total U.S. Treasury Obligations (Cost $165,462) |  | 136646 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 5.3%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>4.047% due 01/25/2036 ~ | 13 | 11 |
| **American Home Mortgage Assets Trust**  |  |  |
| 4.624% due 05/25/2046 •  | 99 | 87 |
| 4.644% due 10/25/2046 •  | 378 | 192 |
| 5.099% due 02/25/2047 •  | 19454 | 6778 |
| **American Home Mortgage Investment Trust**  |  |  |
| 6.460% due 12/25/2035 •  | 480 | 161 |
| 6.500% due 03/25/2047  | 1654 | 1073 |
| **BAMLL Commercial Mortgage Securities Trust** <br>2.847% due 04/20/2042 | 5310 | 4204 |
| **Banc of America Funding Trust**  |  |  |
| 2.371% due 03/20/2036 ~  | 11 | 10 |
| 5.500% due 01/25/2036  | 11 | 11 |
| 5.760% due 09/20/2035 ~  | 18 | 15 |
| 6.000% due 07/25/2037  | 198 | 167 |
| 6.000% due 08/25/2037  | 55 | 45 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.056% due 02/25/2036 ~  | 6 | 6 |
| 5.329% due 11/20/2046 ~  | 342 | 305 |
| 5.442% due 06/25/2035 ~  | 35 | 32 |
| 6.000% due 10/25/2036  | 51 | 44 |
| **Barclays Commercial Mortgage Securities Trust** <br>4.314% due 12/15/2051 | 600 | 589 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.521% due 02/25/2036 ~  | 140 | 130 |
| 5.056% due 01/25/2035 ~  | 197 | 192 |
| 5.166% due 01/25/2035 ~  | 4 | 4 |
| 5.396% due 08/25/2035 ~  | 171 | 159 |
| 5.939% due 01/25/2034 ~  | 1 | 1 |
| 6.884% due 01/25/2034 ~  | 3 | 3 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.053% due 03/25/2036 ~  | 116 | 95 |
| 4.180% due 08/25/2036 ~  | 243 | 163 |
| 4.333% due 11/25/2036 ~  | 92 | 42 |
| 4.607% due 11/25/2036 ~  | 1911 | 981 |
| 4.608% due 11/25/2036 ~  | 88 | 51 |
| 4.774% due 08/25/2036 •  | 364 | 323 |
| 4.905% due 09/25/2035 ~  | 283 | 163 |
| 5.467% due 05/25/2035 ~  | 528 | 506 |
| **Benchmark Mortgage Trust** <br>5.738% due 12/15/2057 | 4900 | 5108 |
| **Chase Home Lending Mortgage Trust**  |  |  |
| 3.250% due 03/25/2063 ~  | 5522 | 4975 |
| 3.250% due 09/25/2063 ~  | 5291 | 4744 |
| **Chase Mortgage Finance Trust**  |  |  |
| 5.500% due 11/25/2035  | 219 | 157 |
| 5.500% due 07/25/2037  | 931 | 0 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates**  |  |  |
| 4.644% due 10/25/2046 •  | 240 | 252 |
| 4.684% due 01/25/2036 •  | 42 | 40 |
| **Citigroup Commercial Mortgage Trust** <br>3.209% due 05/10/2049 | 1100 | 1086 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.783% due 09/25/2037 ~  | 156 | 144 |
| 4.832% due 04/25/2037 ~  | 117 | 104 |
| 5.988% due 08/25/2035 ~  | 9 | 8 |
| 6.490% due 05/25/2035 •  | 5 | 5 |
| 6.560% due 10/25/2035 •  | 71 | 68 |
| 6.756% due 03/25/2034 ~  | 6 | 5 |
| 7.230% due 10/25/2035 •  | 53 | 55 |
| 7.875% due 09/25/2037 ~  | 14 | 13 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.485% due 05/25/2035 ~ | 72 | 69 |
| **CitiMortgage Alternative Loan Trust** <br>6.000% due 06/25/2037 | 382 | 335 |
| **COMM Mortgage Trust** <br>4.228% due 05/10/2051 | 1000 | 978 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Countrywide** **Alternative Loan Trust**  |  |  |
| 4.627% due 12/20/2046 •  | 630 | 550 |
| 4.674% due 06/25/2036 •  | 1358 | 1275 |
| 4.712% due 09/20/2046 •  | 370 | 325 |
| 4.794% due 04/25/2046 •  | 4158 | 3862 |
| 4.819% due 02/25/2037 ~  | 338 | 300 |
| 4.834% due 02/25/2036 •  | 3106 | 2648 |
| 4.852% due 07/20/2046 •  | 237 | 199 |
| 4.897% due 10/25/2035 ~  | 6 | 5 |
| 5.096% due 11/20/2035 •  | 1677 | 1649 |
| 5.399% due 12/25/2035 •  | 130 | 111 |
| 5.500% due 03/25/2035  | 2934 | 2620 |
| 5.500% due 11/25/2035  | 486 | 268 |
| 5.500% due 12/25/2035  | 318 | 193 |
| 5.500% due 01/25/2036  | 96 | 53 |
| 5.750% due 02/25/2035  | 256 | 172 |
| 5.750% due 03/25/2037 •  | 80 | 41 |
| 6.000% due 10/25/2036  | 2878 | 1371 |
| 6.000% due 02/25/2037  | 2404 | 872 |
| 6.250% due 11/25/2036  | 604 | 444 |
| 6.250% due 12/25/2036 •  | 436 | 180 |
| 6.250% due 08/25/2037  | 2693 | 1241 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.894% due 05/25/2035 •  | 48 | 42 |
| 5.500% due 01/25/2035  | 150 | 152 |
| 5.500% due 09/25/2035  | 55 | 55 |
| 5.500% due 12/25/2035  | 160 | 85 |
| 6.000% due 05/25/2036  | 128 | 58 |
| 6.000% due 01/25/2037  | 2702 | 1263 |
| 6.741% due 02/25/2034 ~  | 18 | 18 |
| 6.804% due 07/20/2034 ~  | 63 | 62 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.774% due 06/25/2035 •  | 28 | 27 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 5.695% due 06/25/2033 ~  | 35 | 34 |
| 6.000% due 01/25/2036  | 382 | 235 |
| **CSAB Mortgage-Backed Trust** <br>6.672% due 06/25/2036 þ | 206 | 52 |
| **Deutsche Alt-A Securities, Inc. Mortgage Loan Trust**  |  |  |
| 4.934% due 02/25/2035 •  | 721 | 713 |
| 5.500% due 12/25/2035  | 161 | 136 |
| **Deutsche Alt-B Securities Mortgage Loan Trust** <br>6.800% due 07/25/2036 | 66 | 57 |
| **EMF-NL Prime BV** <br>3.063% due 04/17/2041 •  | 117 | 138 |
| **Eurosail PLC** <br>2.409% due 09/10/2044 •  | 4154 | 4830 |
| **Eurosail-U.K. PLC**  |  |  |
| 5.058% due 09/13/2045 •  | 2520 | 3433 |
| 5.308% due 06/13/2045 •  | 1523 | 2089 |
| **First Horizon Asset Securities, Inc.** <br>5.618% due 02/25/2036 ~ | $15 | 14 |
| **First Horizon Mortgage Pass-Through Trust** <br>5.750% due 05/25/2037 | 389 | 116 |
| **GMACM Mortgage Loan Trust**  |  |  |
| 3.846% due 11/19/2035 ~  | 17 | 15 |
| 3.938% due 04/19/2036 ~  | 27 | 22 |
| **GreenPoint Mortgage Funding Trust** <br>4.974% due 11/25/2045 •  | 17 | 16 |
| **GreenPoint Mortgage Pass-Through Certificates** <br>7.182% due 10/25/2033 ~ | 36 | 35 |
| **GS Mortgage-Backed Securities Trust** <br>5.648% due 06/25/2065 ~ | 14000 | 14063 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.299% due 05/25/2035 ~  | 110 | 82 |
| 4.729% due 01/25/2036 ~  | 26 | 25 |
| 4.920% due 06/25/2034 ~  | 7 | 7 |
| 4.985% due 11/25/2035 ~  | 68 | 66 |
| 5.014% due 08/25/2046 •  | 10636 | 2305 |
| 5.540% due 11/25/2035 ~  | 57 | 27 |
| 6.000% due 02/25/2036  | 964 | 418 |
| 6.000% due 03/25/2037  | 158 | 79 |
| 6.000% due 05/25/2037  | 40 | 29 |
| 6.562% due 09/25/2035 ~  | 1 | 1 |
| 6.976% due 05/25/2034 ~  | 30 | 30 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.300% due 06/19/2036 ~  | 105 | 54 |
| 4.812% due 09/19/2037 •  | 230 | 198 |
| 4.812% due 01/19/2038 •  | 320 | 281 |
| 4.842% due 12/19/2036 •  | 1878 | 1474 |
| **HomeBanc Mortgage Trust** <br>4.954% due 01/25/2036 •  | 43 | 41 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.404% due 07/25/2037 ~  | 89 | 58 |
| 3.934% due 08/25/2036 ~  | 44 | 28 |
| 4.057% due 06/25/2036 ~  | 161 | 142 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.914% due 07/25/2035 •  | 19 | 18 |
| 4.974% due 06/25/2037 •  | 57 | 71 |
| **JP Morgan Alternative Loan Trust** <br>4.714% due 03/25/2037 •  | 345 | 297 |
| **JP Morgan Mortgage Trust**  |  |  |
| 4.154% due 07/27/2037 ~  | 398 | 371 |
| 5.177% due 06/25/2036 ~  | 33 | 22 |
| 5.298% due 06/25/2037 ~  | 567 | 438 |
| 5.479% due 08/25/2035 ~  | 88 | 78 |
| 5.496% due 07/25/2035 ~  | 8 | 7 |
| 5.555% due 11/25/2054 •  | 2941 | 2944 |
| 5.741% due 04/25/2036 ~  | 96 | 83 |
| 5.750% due 01/25/2036  | 188 | 80 |
| 5.843% due 04/25/2035 ~  | 92 | 90 |
| **Lehman XS Trust** <br>4.794% due 07/25/2037 •  | 239 | 219 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 3.479% due 11/25/2033 ~  | 10 | 9 |
| 4.914% due 05/25/2037 •  | 80 | 31 |
| 5.114% due 05/25/2047 •  | 923 | 753 |
| **MASTR Alternative Loan Trust** <br>4.834% due 03/25/2036 •  | 501 | 47 |
| **Merrill Lynch Alternative Note Asset Trust**  |  |  |
| 4.563% due 06/25/2037 ~  | 74 | 34 |
| 4.754% due 01/25/2037 •  | 5499 | 1658 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.284% due 05/25/2034 ~  | 73 | 65 |
| 4.854% due 02/25/2036 •  | 334 | 328 |
| 6.028% due 11/25/2035 •  | 27 | 26 |
| **MFA Trust**  |  |  |
| 1.381% due 04/25/2065 ~  | 1224 | 1188 |
| 6.775% due 10/25/2058 þ  | 2301 | 2327 |
| **Mill City Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 1902 | 1854 |
| 3.250% due 05/25/2062 ~  | 154 | 152 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 3.368% due 11/25/2037 ~  | 533 | 373 |
| 6.000% due 10/25/2037  | 3863 | 1998 |
| **MortgageIT Securities Corp. Mortgage Loan Trust** <br>4.934% due 09/25/2037 •  | 2811 | 2139 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 07/25/2059 ~ | 2356 | 2264 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>6.320% due 03/25/2047 | 63 | 59 |
| **OBX Trust** <br>6.844% due 04/25/2063 þ | 1940 | 1966 |
| **OPEN Trust** <br>7.401% due 11/15/2040 •  | 2625 | 2632 |
| **Prime Mortgage Trust** <br>4.934% due 02/25/2035 •  | 28 | 28 |
| **RBSGC Structured Trust** <br>5.500% due 11/25/2035 ~ | 797 | 668 |
| **RBSSP Resecuritization Trust** <br>6.500% due 10/26/2036 ~ | 745 | 635 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.634% due 05/25/2037 •  | 192 | 174 |
| 4.814% due 07/25/2036 •  | 71 | 65 |
| 4.834% due 12/25/2046 •  | 109 | 96 |
| 4.894% due 05/25/2037 •  | 33 | 28 |
| 4.920% due 02/25/2035 ~  | 46 | 41 |
| 5.849% due 02/25/2036 ~  | 74 | 63 |
| 6.000% due 06/25/2036  | 43 | 36 |
| 6.000% due 05/25/2037  | 39 | 33 |
| 6.500% due 07/25/2036  | 166 | 138 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 01/25/2046 •  | 715 | 201 |
| 6.000% due 02/25/2036  | 322 | 123 |
| 6.250% due 09/25/2037  | 1859 | 729 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 5.548% due 02/25/2036 ~  | 144 | 137 |
| 5.871% due 09/25/2035 ~  | 117 | 75 |
| 6.000% due 10/25/2036  | 171 | 139 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.972% due 01/25/2035 ~  | 37 | 36 |
| 4.556% due 09/25/2036 ~  | 575 | 391 |
| 4.834% due 04/25/2047 •  | 217 | 179 |
| 5.030% due 09/25/2035 ~  | 372 | 331 |
| 5.034% due 10/25/2034 •  | 1901 | 1715 |
| 5.267% due 03/25/2036 ~  | 32 | 26 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.874% due 05/25/2036 •  | 525 | 431 |
| 4.954% due 05/25/2046 •  | 28 | 17 |
| 5.092% due 09/19/2032 •  | 2 | 2 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>6.554% due 06/25/2033 ~ | 11 | 11 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **TIB** **Diversified Payment Rights Finance Co.** <br>7.962% due 11/15/2034 «(l) | 2600 | 2601 |
| **Towd Point Mortgage Trust**  |  |  |
| 2.900% due 10/25/2059 ~  | 7332 | 7045 |
| 5.434% due 10/25/2048 •  | 4470 | 4480 |
| 5.434% due 05/25/2058 •  | 254 | 260 |
| **Verus Securitization Trust**  |  |  |
| 5.999% due 02/25/2068  | 1594 | 1594 |
| 6.665% due 09/25/2068 þ  | 4785 | 4843 |
| 7.070% due 10/25/2068 þ  | 5446 | 5527 |
| **Wachovia Mortgage Loan Trust LLC**  |  |  |
| 4.205% due 08/20/2035 ~  | 55 | 52 |
| 7.444% due 10/20/2035 ~  | 9 | 8 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.068% due 12/25/2046 •  | 98 | 86 |
| 4.142% due 12/25/2036 ~  | 158 | 140 |
| 4.182% due 02/27/2034 •  | 6 | 6 |
| 4.257% due 02/25/2037 ~  | 1162 | 1047 |
| 4.823% due 09/25/2036 ~  | 127 | 111 |
| 4.954% due 11/25/2045 •  | 367 | 353 |
| 4.974% due 12/25/2045 •  | 284 | 261 |
| 5.074% due 08/25/2045 •  | 171 | 172 |
| 5.099% due 02/25/2047 •  | 244 | 223 |
| 5.149% due 06/25/2047 •  | 23 | 19 |
| 5.279% due 10/25/2046 •  | 461 | 397 |
| 5.399% due 08/25/2046 •  | 631 | 578 |
| 5.447% due 07/25/2046 •  | 377 | 342 |
| 5.599% due 11/25/2042 •  | 1 | 1 |
| 5.799% due 06/25/2042 •  | 1 | 1 |
| 5.799% due 08/25/2042 •  | 1 | 1 |
| 5.899% due 10/25/2046 •  | 76 | 71 |
| 6.526% due 09/25/2033 ~  | 932 | 929 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.928% due 09/25/2036  | 15300 | 4044 |
| 4.914% due 01/25/2047 •  | 288 | 255 |
| 5.239% due 05/25/2047 •  | 10 | 13 |
| **Wells Fargo Commercial Mortgage Trust** <br>2.725% due 02/15/2053 | 900 | 828 |
| **Wells Fargo Mortgage-Backed Securities Trust**  |  |  |
| 6.678% due 04/25/2036 ~  | 9 | 9 |
| 6.678% due 11/25/2037 ~  | 134 | 124 |
| 6.920% due 09/25/2033 ~  | 8 | 7 |
| Total Non-Agency Mortgage-Backed Securities (Cost $172,694) |  | 153770 |
| **ASSET-BACKED SECURITIES 10.4%**  |  |  |
| **AUTOMOBILE ABS OTHER 1.3%**  |  |  |
| **Carmax Select Receivables Trust** <br>5.010% due 09/16/2030 | 4800 | 4851 |
| **Exeter Automobile Receivables Trust** <br>5.160% due 07/15/2031 | 7665 | 7757 |
| **GLS Auto Receivables Issuer Trust** <br>5.490% due 07/17/2028 | 3800 | 3817 |
| **GLS Auto Select Receivables Trust** <br>6.670% due 12/17/2029 | 1600 | 1658 |
| **Santander Drive Auto Receivables Trust**  |  |  |
| 4.870% due 05/15/2031  | 1000 | 1012 |
| 5.060% due 05/15/2031  | 6800 | 6890 |
| 5.450% due 03/15/2030  | 2405 | 2434 |
| 6.400% due 03/17/2031  | 2313 | 2395 |
| 6.430% due 02/18/2031  | 5400 | 5605 |
|  |  | 36419 |
| **AUTOMOBILE SEQUENTIAL 0.3%**  |  |  |
| **Carmax Select Receivables Trust** <br>4.770% due 09/17/2029 | 8100 | 8160 |
| **First Help Financial Issuer Trust** <br>4.920% due 02/15/2031 | 1200 | 1204 |
| **Tricolor Auto Securitization Trust** <br>6.610% due 10/15/2027 | 383 | 385 |
|  |  | 9749 |
| **CMBS OTHER 0.4%**  |  |  |
| **Greystone Commercial Real Estate LLC** <br>5.793% due 01/15/2043 •  | 5100 | 5106 |
| **LoanCore Issuer Ltd.**  |  |  |
| 5.726% due 07/15/2036 •  | 2948 | 2949 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.853% due 01/17/2037 •  | 2455 | 2462 |
|  |  | 10517 |
| **HOME EQUITY OTHER 4.9%**  |  |  |
| **Aames Mortgage Investment Trust** <br>5.739% due 06/25/2035 •  | 5867 | 5214 |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.034% due 02/25/2036 •  | 23 | 23 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 3.620% due 04/25/2034 •  | 618 | 598 |
| 5.109% due 01/25/2036 •  | 726 | 723 |
| **Argent Securities Trust** <br>4.974% due 05/25/2036 •  | 542 | 130 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 5.234% due 10/27/2032 •  | 3 | 3 |
| 5.484% due 01/25/2037 •  | 6190 | 6209 |
| 5.484% due 08/25/2037 •  | 204 | 183 |
| 5.684% due 08/25/2037 •  | 69 | 69 |
| 6.234% due 07/25/2035 •  | 8712 | 8707 |
| **Carrington Mortgage Loan Trust**  |  |  |
| 4.914% due 06/25/2036 •  | 1746 | 1643 |
| 5.229% due 09/25/2035 •  | 608 | 600 |
| 5.259% due 02/25/2035 •  | 1282 | 1279 |
| **Citigroup Mortgage Loan Trust** <br>4.934% due 08/25/2036 •  | 1005 | 999 |
| **Countrywide Asset-Backed Certificates** <br>5.134% due 11/25/2036 •  | 676 | 578 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.144% due 02/25/2036 ~  | 7250 | 6831 |
| 4.276% due 10/25/2046 ~  | 66 | 67 |
| 4.694% due 11/25/2037 •  | 3144 | 2940 |
| 4.724% due 11/25/2037 •  | 4619 | 4378 |
| 4.874% due 09/25/2037 •  | 51 | 53 |
| 4.894% due 05/25/2037 •  | 1536 | 1489 |
| 5.006% due 10/25/2035 ~  | 1129 | 1125 |
| 5.014% due 06/25/2037 •  | 2431 | 2366 |
| 5.456% due 07/25/2035 ~  | 656 | 653 |
| **Fieldstone Mortgage Investment Trust** <br>4.759% due 11/25/2036 •  | 1689 | 1054 |
| **First NLC Trust**  |  |  |
| 4.574% due 08/25/2037 •  | 126 | 63 |
| 4.714% due 08/25/2037 •  | 84 | 42 |
| **GSAA Home Equity Trust**  |  |  |
| 4.774% due 09/25/2036 •  | 902 | 202 |
| 4.914% due 11/25/2036 •  | 10725 | 3403 |
| 5.034% due 03/25/2037 •  | 170 | 67 |
| 5.034% due 05/25/2047 •  | 97 | 59 |
| **GSAMP Trust** <br>4.934% due 05/25/2046 •  | 2366 | 2272 |
| **Home Equity Asset Trust** <br>4.994% due 08/25/2036 •  | 2482 | 2460 |
| **Home Equity Mortgage Loan Asset-Backed Trust**  |  |  |
| 4.574% due 11/25/2036 •  | 4213 | 3958 |
| 4.624% due 04/25/2037 •  | 3037 | 2056 |
| 4.674% due 11/25/2036 •  | 1600 | 1300 |
| 5.094% due 03/25/2036 •  | 5912 | 5575 |
| **JP Morgan Mortgage Acquisition Corp.**  |  |  |
| 4.944% due 02/25/2036 •  | 2712 | 2687 |
| 5.364% due 12/25/2035 •  | 1282 | 1264 |
| **JP Morgan Mortgage Acquisition Trust** <br>4.734% due 07/25/2036 •  | 849 | 395 |
| **Long Beach Mortgage Loan Trust** <br>5.184% due 02/25/2034 •  | 658 | 654 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.754% due 11/25/2036 •  | 17397 | 10287 |
| 5.259% due 10/25/2034 •  | 185 | 179 |
| **MASTR Specialized Loan Trust** <br>5.559% due 11/25/2035 •  | 1998 | 1914 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.574% due 04/25/2047 •  | 915 | 363 |
| 4.954% due 03/25/2037 •  | 720 | 671 |
| 5.074% due 03/25/2037 •  | 376 | 351 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.524% due 01/25/2037 •  | 444 | 205 |
| 4.574% due 10/25/2036 •  | 1647 | 719 |
| 4.634% due 09/25/2036 •  | 1414 | 486 |
| 4.654% due 10/25/2036 •  | 998 | 436 |
| 5.229% due 03/25/2034 •  | 366 | 386 |
| **Morgan Stanley Home Equity Loan Trust** <br>4.784% due 04/25/2037 •  | 140 | 73 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 6.000% due 04/25/2037 ~  | 10682 | 3659 |
| 6.226% due 10/25/2036  | 175 | 48 |
| **Nationstar Home Equity Loan Trust** <br>4.884% due 03/25/2037 •  | 3000 | 2726 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **New** **Century Home Equity Loan Trust** <br>5.319% due 05/25/2034 •  | 2944 | 2993 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.574% due 03/25/2037 •  | 187 | 171 |
| 4.874% due 01/25/2037 •  | 315 | 185 |
| 4.934% due 07/25/2036 •  | 1241 | 713 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 5.374% due 05/25/2034 •  | 1098 | 987 |
| 5.612% due 04/25/2037  | 927 | 215 |
| **Residential Asset Mortgage Products Trust** <br>4.874% due 12/25/2036 •  | 734 | 728 |
| **Residential Asset Securities Corp. Trust** <br>5.529% due 03/25/2035 •  | 1150 | 1151 |
| **Saxon Asset Securities Trust**  |  |  |
| 4.734% due 05/25/2047 •  | 10848 | 7916 |
| 4.834% due 09/25/2047 •  | 4656 | 4332 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.554% due 12/25/2036 •  | 222 | 48 |
| 4.694% due 01/25/2037 •  | 5424 | 5159 |
| 5.394% due 10/25/2035 •  | 3151 | 2284 |
| **SG Mortgage Securities Trust** <br>4.854% due 10/25/2036 •  | 2000 | 1519 |
| **Soundview Home Loan Trust**  |  |  |
| 4.584% due 06/25/2037 •  | 2190 | 1442 |
| 4.954% due 02/25/2037 •  | 1233 | 332 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 4.584% due 09/25/2036 •  | 27 | 27 |
| 5.234% due 07/25/2034 •  | 3229 | 3344 |
| 5.334% due 04/25/2035 •  | 11000 | 10366 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.064% due 11/25/2037 •  | 642 | 623 |
|  |  | 141409 |
| **HOME EQUITY SEQUENTIAL 0.0%**  |  |  |
| **ABFC Trust**  |  |  |
| 4.754% due 01/25/2037 •  | 471 | 260 |
| 4.874% due 01/25/2037 •  | 2018 | 1112 |
| **Morgan Stanley Mortgage Loan Trust** <br>5.154% due 04/25/2037 •  | 196 | 51 |
|  |  | 1423 |
| **WHOLE LOAN COLLATERAL 0.4%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.234% due 09/25/2046 •  | 1161 | 1112 |
| **Citigroup Mortgage Loan Trust** <br>7.250% due 05/25/2036 þ | 125 | 62 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.824% due 06/25/2037 •  | 275 | 275 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 4.914% due 10/25/2036 •  | 741 | 485 |
| 5.709% due 07/25/2034 •  | 47 | 46 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>5.194% due 12/25/2035 •  | 300 | 296 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.854% due 11/25/2036 •  | 22972 | 6387 |
| 5.014% due 12/25/2035 •  | 209 | 205 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 4.704% due 04/25/2037 •  | 4580 | 3371 |
| 5.000% due 12/25/2036 •  | 166 | 163 |
|  |  | 12402 |
| **OTHER ABS 3.1%**  |  |  |
| **Allegro CLO Ltd.** <br>5.519% due 01/19/2033 •  | 5000 | 5004 |
| **Anchorage Capital CLO Ltd.** <br>5.369% due 01/20/2035 •  | 1000 | 998 |
| **Anchorage Credit Funding Ltd.**  |  |  |
| 3.900% due 07/28/2037  | 1060 | 1041 |
| 3.928% due 04/25/2038  | 1800 | 1768 |
| 4.430% due 07/25/2037  | 956 | 947 |
| 4.620% due 04/25/2037  | 805 | 799 |
| **Capital Street Master Trust** <br>5.654% due 10/16/2028 •  | 2400 | 2401 |
| **Carval CLO Ltd.** <br>5.491% due 07/16/2031 •  | 1339 | 1341 |
| **College Avenue Student Loans LLC**  |  |  |
| 5.955% due 06/25/2054 •  | 3509 | 3526 |
| 6.500% due 06/25/2054  | 4256 | 4472 |
| 7.330% due 06/25/2054  | 2132 | 2242 |
| 7.580% due 06/25/2054  | 1871 | 1964 |
| 8.210% due 06/25/2054  | 482 | 510 |
| 10.120% due 06/25/2054  | 688 | 713 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CRB** **Securitization Trust** <br>6.960% due 10/20/2033 | 453 | 455 |
| **Cumulus Static CLO DAC** <br>3.343% due 11/15/2033 •  | 3509 | 4144 |
| **KKR CLO Ltd.** <br>5.701% due 02/09/2035 •  | $5500 | 5504 |
| **Madison Park Funding Ltd.** <br>5.256% due 10/15/2034 •  | 3300 | 3304 |
| **Magnetite Ltd.** <br>5.406% due 10/15/2031 •  | 3925 | 3927 |
| **Mountain View CLO Ltd.** <br>5.716% due 04/15/2034 •  | 5000 | 5008 |
| **Navient Student Loan Trust**  |  |  |
| 6.004% due 03/15/2072 •  | 791 | 798 |
| 7.230% due 03/15/2072  | 500 | 540 |
| **Oportun Funding Trust**  |  |  |
| 4.960% due 08/16/2032  | 487 | 486 |
| 5.240% due 08/16/2032  | 600 | 602 |
| 5.780% due 08/16/2032  | 500 | 502 |
| **Pagaya AI Debt Grantor Trust**  |  |  |
| 0.000% due 04/15/2032 «~  | 700 | 455 |
| 5.162% due 04/15/2032 «  | 575 | 575 |
| 5.329% due 10/15/2032  | 2300 | 2305 |
| 5.617% due 04/15/2032 «  | 779 | 780 |
| 5.639% due 10/15/2032  | 2700 | 2707 |
| 5.823% due 04/15/2032 «  | 450 | 449 |
| 6.261% due 04/15/2032 «  | 470 | 470 |
| 10.273% due 04/15/2032 «  | 580 | 563 |
| **Pagaya AI Debt Grantor Trust & Pagaya AI Debt Trust** <br>6.093% due 11/15/2031 | 209 | 210 |
| **Parallel Ltd.** <br>5.366% due 07/15/2034 •  | 1900 | 1897 |
| **Rockford Tower Europe CLO DAC** <br>3.561% due 04/24/2037 •  | 2500 | 2946 |
| **Silver Rock CLO Ltd.** <br>5.309% due 01/20/2035 •  | $1300 | 1298 |
| **SMB Private Education Loan Trust**  |  |  |
| 5.954% due 09/15/2053 •  | 5334 | 5416 |
| 6.150% due 09/15/2053  | 3286 | 3453 |
| 6.930% due 09/15/2053  | 1996 | 2125 |
| 7.540% due 09/15/2053  | 408 | 431 |
| 8.870% due 09/15/2053  | 842 | 905 |
| **Start Ltd.** <br>4.089% due 03/15/2044 | 220 | 218 |
| **Trinitas CLO Ltd.** <br>5.652% due 04/25/2033 •  | 7000 | 7010 |
| **Voya CLO Ltd.** <br>5.329% due 04/20/2034 •  | 3300 | 3288 |
|  |  | 90497 |
| Total Asset-Backed Securities (Cost $310,146) |  | 302416 |
| **SOVEREIGN ISSUES 18.4%**  |  |  |
| **Angolan Government International Bond**  |  |  |
| 8.000% due 11/26/2029  | 4600 | 4183 |
| 9.125% due 11/26/2049  | 2200 | 1708 |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030  | 13681 | 10869 |
| 3.500% due 07/09/2041  | 24780 | 15425 |
| 4.125% due 07/09/2035 (m)  | 3241 | 2181 |
| **Avenir Issuer Ireland DAC** <br>6.000% due 10/25/2027 | 4837 | 4537 |
| **Bank Gospodarstwa Krajowego**  |  |  |
| 5.750% due 07/09/2034  | 2725 | 2808 |
| 6.250% due 10/31/2028  | 2700 | 2848 |
| **Brazil Government International Bond**  |  |  |
| 4.750% due 01/14/2050  | 7101 | 5024 |
| 6.125% due 03/15/2034  | 2800 | 2779 |
| **Chile Government International Bond**  |  |  |
| 3.100% due 05/07/2041  | 4700 | 3506 |
| 3.750% due 01/14/2032  | 3100 | 3724 |
| **Colombia Government International Bond**  |  |  |
| 4.500% due 01/28/2026  | $7100 | 7094 |
| 4.500% due 03/15/2029  | 5000 | 4758 |
| 5.200% due 05/15/2049  | 5700 | 3834 |
| 7.500% due 02/02/2034  | 5500 | 5482 |
| 8.500% due 04/25/2035  | 2500 | 2600 |
| 8.750% due 11/14/2053  | 4600 | 4567 |
| **Costa Rica Government International Bond**  |  |  |
| 6.125% due 02/19/2031  | 1000 | 1030 |
| 7.300% due 11/13/2054  | 1700 | 1765 |
| **Dominican Republic International Bond**  |  |  |
| 4.875% due 09/23/2032  | 3550 | 3287 |
| 5.875% due 01/30/2060  | 3100 | 2610 |
| 6.500% due 02/15/2048  | 1250 | 1186 |
| 6.850% due 01/27/2045  | 4800 | 4760 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.950% due 03/15/2037  | 2000 | 2036 |
| **Ecuador Government International Bond**  |  |  |
| 0.000% due 07/31/2030 (g)  | 585 | 427 |
| 5.000% due 07/31/2040  | 2778 | 1756 |
| 5.500% due 07/31/2035  | 11903 | 8695 |
| 6.900% due 07/31/2030  | 1000 | 870 |
| **Egypt Government International Bond**  |  |  |
| 6.375% due 04/11/2031  | 13700 | 15009 |
| 7.053% due 01/15/2032  | $2200 | 2018 |
| 7.500% due 02/16/2061  | 4000 | 2917 |
| 7.625% due 05/29/2032  | 700 | 649 |
| 8.625% due 02/04/2030  | 1900 | 1923 |
| 8.750% due 09/30/2051  | 1900 | 1562 |
| 21.954% due 03/04/2028  | 384300 | 7644 |
| **El Salvador Government International Bond**  |  |  |
| 9.250% due 04/17/2030  | $1525 | 1618 |
| 9.650% due 11/21/2054  | 2750 | 2839 |
| **Emirate of Abu Dhabi Government International Bond**  |  |  |
| 2.700% due 09/02/2070  | 4900 | 2649 |
| 3.125% due 09/30/2049  | 12775 | 8726 |
| **Ghana Government International Bond**  |  |  |
| 0.000% due 07/03/2026 (g)  | 300 | 291 |
| 0.000% due 01/03/2030 (g)  | 657 | 551 |
| 5.000% due 07/03/2029  | 5520 | 5189 |
| 5.000% due 07/03/2035  | 4343 | 3390 |
| **Guatemala Government International Bond**  |  |  |
| 3.700% due 10/07/2033  | 2100 | 1778 |
| 4.500% due 05/03/2026  | 4000 | 3970 |
| 4.900% due 06/01/2030  | 1400 | 1373 |
| 5.375% due 04/24/2032  | 700 | 685 |
| 6.125% due 06/01/2050  | 1400 | 1271 |
| **Hungary Government International Bond**  |  |  |
| 3.125% due 09/21/2051  | 2100 | 1243 |
| 5.375% due 09/26/2030  | 2200 | 2223 |
| 5.375% due 09/12/2033  | 9200 | 11684 |
| **Indonesia Government International Bond**  |  |  |
| 1.300% due 03/23/2034  | 2700 | 2631 |
| 3.650% due 09/10/2032  | 3800 | 4517 |
| 3.875% due 01/15/2033  | 3100 | 3727 |
| **Israel Government International Bond**  |  |  |
| 1.750% due 08/31/2025  | 20500 | 6061 |
| 3.800% due 05/13/2060  | $2480 | 1619 |
| 5.375% due 02/19/2030  | 11650 | 11887 |
| **Ivory Coast Government International Bond**  |  |  |
| 4.875% due 01/30/2032  | 4600 | 4865 |
| 5.250% due 03/22/2030  | 3300 | 3723 |
| 5.875% due 10/17/2031  | 2000 | 2232 |
| 8.250% due 01/30/2037  | $900 | 869 |
| **Lebanon Government International Bond** <br>6.850% due 03/23/2027 ^(d) | 3925 | 740 |
| **Mexican Udibonos** <br>2.750% due 11/27/2031 (h) | 184893 | 8733 |
| **Mexico Government International Bond**  |  |  |
| 3.771% due 05/24/2061  | $29126 | 17275 |
| 4.280% due 08/14/2041  | 724 | 558 |
| 4.400% due 02/12/2052  | 1007 | 709 |
| 4.750% due 04/27/2032  | 1600 | 1524 |
| 5.000% due 04/27/2051  | 2000 | 1556 |
| 5.750% due 10/12/2110  | 2000 | 1583 |
| 6.625% due 01/29/2038 (b)  | 5800 | 5896 |
| **Nigeria Government International Bond**  |  |  |
| 6.125% due 09/28/2028  | 2600 | 2491 |
| 6.500% due 11/28/2027  | 5700 | 5667 |
| 7.143% due 02/23/2030  | 3000 | 2860 |
| 7.375% due 09/28/2033  | 1600 | 1433 |
| 7.875% due 02/16/2032  | 3000 | 2852 |
| **North Macedonia Government International Bond** <br>3.675% due 06/03/2026 | 2000 | 2362 |
| **Oman Government International Bond**  |  |  |
| 5.625% due 01/17/2028  | $5400 | 5525 |
| 6.000% due 08/01/2029  | 800 | 840 |
| 6.750% due 01/17/2048  | 4980 | 5153 |
| **Pakistan Government International Bond**  |  |  |
| 6.000% due 04/08/2026  | 4600 | 4535 |
| 7.375% due 04/08/2031 (m)  | 2200 | 1960 |
| **Panama Government International Bond**  |  |  |
| 4.500% due 04/16/2050  | 3300 | 2238 |
| 6.400% due 02/14/2035  | 4900 | 4783 |
| 6.700% due 01/26/2036  | 10200 | 10168 |
| 6.853% due 03/28/2054  | 1600 | 1470 |
| 7.500% due 03/01/2031  | 4100 | 4373 |
| 9.375% due 04/01/2029  | 2100 | 2376 |
| **Paraguay Government International Bond**  |  |  |
| 5.600% due 03/13/2048  | 1500 | 1339 |
| 6.000% due 02/09/2036  | 2000 | 2038 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Peru** **Government International Bond**  |  |  |
| 2.783% due 01/23/2031  | 2175 | 1953 |
| 6.900% due 08/12/2037  | 5700 | 1640 |
| 8.750% due 11/21/2033  | $3440 | 4211 |
| **Provincia de Buenos Aires** <br>6.625% due 09/01/2037 | 6586 | 4750 |
| **Republic of Cameroon International Bond**  |  |  |
| 5.950% due 07/07/2032  | 2300 | 2124 |
| 9.500% due 07/31/2031  | $2000 | 1869 |
| **Republic of Kenya Government International Bond**  |  |  |
| 8.000% due 05/22/2032  | 1600 | 1500 |
| 9.500% due 03/05/2036  | 2700 | 2550 |
| 9.750% due 02/16/2031  | 2100 | 2135 |
| **Republic of Poland Government International Bond** <br>5.500% due 03/18/2054 | 4700 | 4373 |
| **Republic of South Africa Government International Bond**  |  |  |
| 5.650% due 09/27/2047  | 3010 | 2256 |
| 5.750% due 09/30/2049  | 3500 | 2639 |
| 8.000% due 01/31/2030  | 39700 | 2205 |
| 8.875% due 02/28/2035  | 249100 | 13139 |
| **Republic of Uzbekistan International Bond** <br>5.375% due 05/29/2027 | 2000 | 2416 |
| **Romania Government International Bond**  |  |  |
| 2.000% due 04/14/2033  | 2000 | 1809 |
| 5.250% due 03/10/2030  | 1700 | 2047 |
| 5.250% due 05/30/2032  | 700 | 813 |
| 5.375% due 03/22/2031  | 2650 | 3135 |
| 5.625% due 05/30/2037  | 400 | 444 |
| **Saudi Government International Bond**  |  |  |
| 3.375% due 03/05/2032  | 3825 | 4491 |
| 3.450% due 02/02/2061  | $2000 | 1243 |
| 3.750% due 01/21/2055  | 3100 | 2121 |
| 4.500% due 10/26/2046  | 28500 | 23514 |
| 5.000% due 04/17/2049  | 300 | 262 |
| 5.375% due 01/13/2031  | 7300 | 7576 |
| **Senegal Government International Bond**  |  |  |
| 4.750% due 03/13/2028  | 700 | 654 |
| 5.375% due 06/08/2037  | 2600 | 1904 |
| 6.250% due 05/23/2033  | $2500 | 1653 |
| 7.750% due 06/10/2031  | 5000 | 3673 |
| **Serbia Government International Bond**  |  |  |
| 1.000% due 09/23/2028  | 1700 | 1850 |
| 1.500% due 06/26/2029  | 6500 | 6995 |
| 1.650% due 03/03/2033  | 2500 | 2417 |
| 2.050% due 09/23/2036  | 900 | 807 |
| 3.125% due 05/15/2027  | 2900 | 3404 |
| **Sri Lanka Government International Bond**  |  |  |
| 3.100% due 01/15/2030  | $950 | 849 |
| 3.350% due 03/15/2033  | 1863 | 1509 |
| 3.600% due 06/15/2035  | 1258 | 866 |
| 3.600% due 05/15/2036  | 873 | 713 |
| 3.600% due 02/15/2038  | 1747 | 1423 |
| 4.000% due 04/15/2028  | 865 | 814 |
| **Turkiye Government International Bond**  |  |  |
| 4.875% due 04/16/2043  | 11400 | 8051 |
| 5.125% due 02/17/2028  | 9600 | 9414 |
| 5.750% due 05/11/2047  | 3560 | 2677 |
| 6.000% due 01/14/2041  | 3500 | 2893 |
| 6.125% due 10/24/2028  | 10900 | 10951 |
| 7.625% due 04/26/2029  | 5100 | 5346 |
| 7.625% due 05/15/2034  | 6200 | 6361 |
| 47.469% due 09/06/2028 ~  | 114600 | 2764 |
| **Ukraine Government International Bond**  |  |  |
| 1.750% due 02/01/2029  | $7581 | 4700 |
| 1.750% due 02/01/2034  | 7095 | 3689 |
| 1.750% due 02/01/2035  | 3688 | 1892 |
| 1.750% due 02/01/2036  | 2938 | 1469 |
| **Venezuela Government International Bond**  |  |  |
| 7.000% due 03/31/2038 ^(d)  | 12900 | 2278 |
| 7.650% due 04/21/2035 ^(d)  | 900 | 146 |
| 9.250% due 09/15/2027 ^(d)  | 2900 | 591 |
| 9.250% due 05/07/2028 ^(d)  | 900 | 160 |
| **Vietnam Government International Bond** <br>5.500% due 03/12/2028 (m) | 3617 | 3471 |
| Total Sovereign Issues (Cost $557,791) |  | 536318 |
|  | SHARES |  |
| **COMMON STOCKS 0.1%**  |  |  |
| **COMMUNICATION SERVICES 0.0%**  |  |  |
| **Clear Channel Outdoor Holdings, Inc. (e)** | 228414 | 267 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Windstream** **Services LLC «(e)** | 50061 | 982 |
|  |  | 1249 |
| **CONSUMER DISCRETIONARY 0.0%**  |  |  |
| **Caesars Entertainment, Inc. (e)** | 4701 | 133 |
| **FINANCIALS 0.1%**  |  |  |
| **Hipotecaria Su Casita SA (e)** | 157773 | 0 |
| **Intelsat Emergence SA «(l)** | 72646 | 2506 |
|  |  | 2506 |
| **INDUSTRIALS 0.0%**  |  |  |
| **Mcdermott International Ltd. (e)** | 115 | 1 |
| **Spirit Aviation Holdings, Inc. (e)** | 26823 | 134 |
|  |  | 135 |
| Total Common Stocks (Cost $9,199) |  | 4023 |
| **WARRANTS 0.0%**  |  |  |
| **COMMUNICATION SERVICES 0.0%**  |  |  |
| **Windstream - Exp. 12/31/2099 «** | 9953 | 195 |
| **FINANCIALS 0.0%**  |  |  |
| **Intelsat Emergence SA - Exp. 02/17/2027 «** | 2562 | 6 |
| **INDUSTRIALS 0.0%**  |  |  |
| **Spirit Aviation Holdings, Inc. - Exp. 12/31/2099 «** | 30487 | 152 |
| Total Warrants (Cost $519) |  | 353 |
| **PREFERRED SECURITIES 0.4%**  |  |  |
| **BANKING & FINANCE 0.4%**  |  |  |
| **Brighthouse Holdings LLC**<br>6.500% due 07/27/2037 þ(i) | 400000 | 359 |
| **Charles Schwab Corp.**  |  |  |
| 4.000% due 12/01/2030 •(i) | 2400000 | 2227 |
| 5.000% due 12/01/2027 •(i) | 4200000 | 4118 |
| **Citigroup, Inc.**<br>4.000% due 12/10/2025 •(i) | 1575000 | 1565 |
| **Farm Credit Bank of Texas**<br>5.700% due 09/15/2025 •(i) | 3600000 | 3598 |
| **Nationwide Building Society**<br>10.250% ~ | 4258 | 760 |
| Total Preferred Securities (Cost $12,878) |  | 12627 |
| **SHORT-TERM INSTRUMENTS 0.4%**  |  |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (k) | 2266190 | 2266 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 0.2%**  |  |  |
| 32.609% due 11/04/2025 - 06/12/2026 (f)(g) | 7620452 | 4061 |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.311% due 07/03/2025 - 10/21/2025 (f)(g)(q) | $2769 | 2747 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $8,838) |  | 9074 |
| Total Investments in Securities (Cost $3,241,025) |  | 3126976 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 8.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 8.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 8.6%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 25661628 | 249867 |
| Total Short-Term Instruments (Cost $249,456) |  | 249867 |
| Total Investments in Affiliates (Cost $249,456) |  | 249867 |
| Total Investments 115.9% (Cost $3,490,481) |  | $3376843 |
| **Financial Derivative Instruments (n)(p) (0.5)**%(Cost or Premiums, net $26,360) |  | (13901) |
| Other Assets and Liabilities, net (15.4)% |  | (448690) |
| Net Assets 100.0% |  | $2914252 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(d)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(e)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(f)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(g)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(h)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(i)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(j)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(k)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(l)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Acquisition<br>Date | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Credit Opportunities Partners LLC 6.520% due 03/20/2028 | Credit Opportunities Partners LLC 6.520% due 03/20/2028 | 02/20/2025 | 2700 | $2718 | 2718 | 0.09 |
| Deloitte LLP 5.250% due 01/30/2030 | Deloitte LLP 5.250% due 01/30/2030 | 10/30/2024 | 2000 | 2026 | 2026 | 0.07 |
| Deloitte LLP 5.410% due 01/30/2032 | Deloitte LLP 5.410% due 01/30/2032 | 10/30/2024 | 2000 | 2015 | 2015 | 0.07 |
| Deloitte LLP 5.410% due 01/30/2037 | Deloitte LLP 5.410% due 01/30/2037 | 10/30/2024 | 500 | 499 | 499 | 0.02 |
| Deloitte LLP 5.590% due 01/30/2035 | Deloitte LLP 5.590% due 01/30/2035 | 10/30/2024 | 2000 | 1999 | 1999 | 0.07 |
| Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | 03/11/2025 | 2400 | 2414 | 2414 | 0.08 |
| Hardwood Funding LLC 4.980% due 06/07/2030 | Hardwood Funding LLC 4.980% due 06/07/2030 | 03/11/2025 | 1500 | 1515 | 1515 | 0.05 |
| Intelsat Emergence SA | Intelsat Emergence SA | 09/05/2018 - 02/23/2024 | 6174 | 2506 | 2506 | 0.09 |
| National Football League 5.480% due 10/05/2028 | National Football League 5.480% due 10/05/2028 | 03/14/2024 | 6600 | 6716 | 6716 | 0.23 |
| National Football League 5.580% due 10/05/2033 | National Football League 5.580% due 10/05/2033 | 03/14/2024 | 5000 | 5052 | 5052 | 0.17 |
| Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | 03/18/2025 | 1000 | 1000 | 1000 | 0.03 |
| Project Alpha Investindustrial 4.256% due 02/27/2026 | Project Alpha Investindustrial 4.256% due 02/27/2026 | 02/28/2025 | 588 | 668 | 668 | 0.02 |
| TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | 09/18/2024 | 2600 | 2601 | 2601 | 0.09 |
| VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 | 01/31/2025 | 4300 | 4216 | 4216 | 0.14 |
|  |  | $ | $ | 35945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.22% |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Borrowing Rate<sup>(1)</sup> | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| MYI | (0.500)%  | TBD<sup>(2)</sup> | (1677) | (1677) | (1679) | (1679) |
|  | 4.100  | TBD<sup>(2)</sup> | (1672) | (1672) | (1708) | (1708) |
|  | 4.200  | TBD<sup>(2)</sup> | (343) | (343) | (351) | (351) |
| **Total Reverse Repurchase Agreements** |  |  |  |  | **(3738)** | **(3738)** |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** | **SHORT** **SALES:** |
| Description | Description | Description | Description | Description | Description | Description | Description | Description | Description | Description | Coupon | Maturity<br>Date | Maturity<br>Date |  | Principal<br>Amount | Principal<br>Amount |  | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% | U.S. Government Agencies (2.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 07/01/2055 | 07/01/2055 | $ | 47400 | 47400 | $ | $ | (37376) | (37376) | $(37534) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2055 | 08/01/2055 |  | 50000 | 50000 |  |  | (39330) | (39330) | (39608) |
| **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** | **Total Short Sales (2.6)%** |  |  |  |  |  |  | **$** | **$** | **(76706)** | **(76706)** | $**(77142)** |
| **(m)** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,718 and cash of $38 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5268) at a weighted average interest rate of 3.249%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 37 | $37 | 37 | (12) | (12) | (12) | (12) | $ | (1) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 9 | 9 | 9 | (3) | (3) | (3) | (3) |  | 0 |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 9 | 9 | 9 | (4) | (4) | (4) | (4) |  | (5) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 37 | 37 | 37 | (13) | (13) | (13) | (13) |  | (28) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(32)** | **(32)** | **(32)** | **(32)** | **$** | **(34)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Asset | Liability |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 249 | 249 | 22308 | 22308 | 22308 | 22308 | $193 | 193 | 193 | $ | $49 | 49 | 49 | 49 | 0 |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 609 | 609 | 84420 | 84420 | 84420 | 84420 | (385) | (385) | (385) |  | 57 | 57 | 57 | 57 | (179) |
| Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 09/2025 | 215 | 215 | 30644 | 30644 | 30644 | 30644 | 60 | 60 | 60 |  | 48 | 48 | 48 | 48 | (58) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 140 | 140 | 21463 | 21463 | 21463 | 21463 | (169) | (169) | (169) |  | 5 | 5 | 5 | 5 | (61) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 09/2025 | 1335 | 1335 | 168658 | 168658 | 168658 | 168658 | (296) | (296) | (296) |  | 47 | 47 | 47 | 47 | (150) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 745 | 745 | 154977 | 154977 | 154977 | 154977 | 150 | 150 | 150 |  | 41 | 41 | 41 | 41 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 1640 | 1640 | 178760 | 178760 | 178760 | 178760 | 1869 | 1869 | 1869 |  | 218 | 218 | 218 | 218 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 342 | 342 | 38347 | 38347 | 38347 | 38347 | 776 | 776 | 776 |  | 107 | 107 | 107 | 107 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 985 | 985 | 112552 | 112552 | 112552 | 112552 | 2278 | 2278 | 2278 |  | 477 | 477 | 477 | 477 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 149 | 149 | 19027 | 19027 | 19027 | 19027 | 460 | 460 | 460 |  | 21 | 21 | 21 | 21 | (66) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 4936 | 4936 | $ | $ | 1070 | 1070 | 1070 | $ | (514) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Asset | Liability |
| Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 09/2025 | 75 | 75 | (10941) | (10941) | (10941) | (10941) | $43 | 43 | 43 | $ | $24 | 24 | 24 | 24 | (5) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **4979** | **4979** | **$** | **$** | **1094** | **1094** | **1094** | **$** | **(519)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> |  | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| AT&T, Inc.  | AT&T, Inc.  | 1.000% | 06/20/2028 | 0.431 | 0.431 | $ | $3700 | 3700 | $(38) | (38) | (38) | $ | 98 | 98 | 60 | 60 | 60 | 60 | $1 | 1 | $0 |
| Boeing Co.  | Boeing Co.  | 1.000 | 06/20/2026 | 0.296 | 0.296 |  | 300 | 300 | (2) | (2) | (2) |  | 4 | 4 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
| Bombardier, Inc.  | Bombardier, Inc.  | 5.000 | 12/20/2027 | 0.759 | 0.759 |  | 2000 | 2000 | (15) | (15) | (15) |  | 218 | 218 | 203 | 203 | 203 | 203 | 0 | 0 | 0 |
| Ford Motor Credit Co. LLC  | Ford Motor Credit Co. LLC  | 5.000 | 06/20/2027 | 1.100 | 1.100 |  | 400 | 400 | 21 | 21 | 21 |  | 9 | 9 | 30 | 30 | 30 | 30 | 0 | 0 | 0 |
| Glencore Finance  | Glencore Finance  | 5.000 | 12/20/2031 | 1.385 | 1.385 | EUR | 3400 | 3400 | 770 | 770 | 770 |  | 84 | 84 | 854 | 854 | 854 | 854 | 3 | 3 | 0 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ZF Europe Finance BV  | ZF Europe Finance BV  | ZF Europe Finance BV  | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 4.701 | 4.701 |  | 10200 | 786 |  | (632) |  | 154 | 19 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1522 | 1522 | (219) | (219) | 1303 | 23 | 23 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Asset |  | Liability |
| CDX.HY-41 5-Year Index  | CDX.HY-41 5-Year Index  | CDX.HY-41 5-Year Index  | CDX.HY-41 5-Year Index  | 5.000% | 5.000% | 5.000% | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 12/20/2028 | 99 | 99 | 1 | $ | 6 | $ | 7 | 0 | $ | 0 |
| CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 69000 | 69000 | 5150 |  | 18 |  | 5168 | 227 |  | 0 |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 95000 | 95000 | 4476 |  | 2815 |  | 7291 | 334 |  | 0 |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 22600 | 22600 | 441 |  | 75 |  | 516 | 11 |  | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 181200 | 181200 | 2992 |  | 1077 |  | 4069 | 100 |  | 0 |
| CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 12330 | 12330 | 1126 |  | 248 |  | 1374 | 61 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 14186 | $ | 4239 | $ | 18425 | 733 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | 3.500% | Annual | Annual | 03/19/2030 | 63000 | 63000 | $(1732) | (1732) | $949 | 949 | (783) | $0 | 0 | $(3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | 06/18/2030 | $51600 | 51600 | 823 | 823 | (403) | (403) | 420 | 0 | 0 | (85) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.000 | 4.000 | 4.000 | Annual | Annual | 12/18/2025 | 60900 | 60900 | (177) | (177) | 379 | 379 | 202 | 3 | 3 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | 12/18/2029 | 73400 | 73400 | (617) | (617) | (173) | (173) | (790) | 0 | 0 | (107) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | 3.842 | 3.842 | Annual | Annual | 03/04/2030 | 3500 | 3500 | (7) | (7) | (52) | (52) | (59) | 0 | 0 | (5) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | 06/20/2031 | 24700 | 24700 | (806) | (806) | 439 | 439 | (367) | 0 | 0 | (53) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | 03/19/2035 | 56600 | 56600 | 3864 | 3864 | (1723) | (1723) | 2141 | 0 | 0 | (211) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | 06/18/2035 | 28900 | 28900 | 1337 | 1337 | (277) | (277) | 1060 | 0 | 0 | (111) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | 3.500 | 3.500 | Annual | Annual | 12/18/2054 | 16450 | 16450 | 85 | 85 | 1192 | 1192 | 1277 | 0 | 0 | (127) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | 06/18/2055 | 46500 | 46500 | 6336 | 6336 | (821) | (821) | 5515 | 0 | 0 | (361) |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.926 | 13.926 | 13.926 | Maturity | Maturity | 01/04/2027 | 14200 | 14200 | 0 | 0 | (7) | (7) | (7) | 2 | 2 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.927 | 13.927 | 13.927 | Maturity | Maturity | 01/04/2027 | 112800 | 112800 | 0 | 0 | (59) | (59) | (59) | 11 | 11 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.291 | 13.291 | 13.291 | Maturity | Maturity | 01/02/2029 | 74600 | 74600 | 0 | 0 | 115 | 115 | 115 | 109 | 109 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.320 | 13.320 | 13.320 | Maturity | Maturity | 01/02/2029 | 8000 | 8000 | 0 | 0 | 14 | 14 | 14 | 12 | 12 | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.510 | 2.510 | 2.510 | Annual | Annual | 04/09/2035 | 2200 | 2200 | (8) | (8) | 25 | 25 | 17 | 5 | 5 | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.520 | 2.520 | 2.520 | Annual | Annual | 04/09/2035 | 1100 | 1100 | (4) | (4) | 11 | 11 | 7 | 2 | 2 | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.550 | 2.550 | 2.550 | Annual | Annual | 04/16/2035 | 1000 | 1000 | (4) | (4) | 7 | 7 | 3 | 2 | 2 | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.530 | 2.530 | 2.530 | Annual | Annual | 04/23/2035 | 2700 | 2700 | (10) | (10) | 24 | 24 | 14 | 6 | 6 | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.450 | 2.450 | 2.450 | Annual | Annual | 05/05/2035 | 1000 | 1000 | (3) | (3) | 17 | 17 | 14 | 2 | 2 | 0 |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 2.750 | 2.750 | 2.750 | Semi-Annual | Semi-Annual | 06/17/2026 | 34600 | 34600 | 3287 | 3287 | (3468) | (3468) | (181) | 1 | 1 | 0 |
| Pay<sup>(5)</sup> | Pay<sup>(5)</sup> | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 4.750 | 4.750 | 4.750 | Semi-Annual | Semi-Annual | 12/20/2033 | 86800 | 86800 | 627 | 627 | 282 | 282 | 909 | 0 | 0 | (122) |
| Pay | Pay | 6-Month CZK-PRIBOR | 6-Month CZK-PRIBOR | 6-Month CZK-PRIBOR | 6-Month CZK-PRIBOR | 3.365 | 3.365 | 3.365 | Annual | Annual | 11/28/2029 | 174100 | 174100 | (79) | (79) | 136 | 136 | 57 | 0 | 0 | (25) |
| Pay<sup>(5)</sup> | Pay<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | 2.250 | Annual | Annual | 09/17/2030 | 14530 | 14530 | (207) | (207) | 182 | 182 | (25) | 0 | 0 | (16) |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | 2.250 | Annual | Annual | 09/17/2035 | 8790 | 8790 | 301 | 301 | 35 | 35 | 336 | 18 | 18 | 0 |
| Pay | Pay | CAONREPO | CAONREPO | CAONREPO | CAONREPO | 3.750 | 3.750 | 3.750 | Semi-Annual | Semi-Annual | 12/20/2025 | 2200 | 2200 | (14) | (14) | 23 | 23 | 9 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 12992 | $ | (3153) | $ | 9839 | 173 | $ | (1226) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **28700** | **$** | **867** | **$** | **29567** | **929** | **$** | **(1226)** |
| **(o)** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,737 and cash of $15,600 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |

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<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(p)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 28693 | $3983 | 3983 | $0 | $(30) |
|  |  | 07/2025  | 15150 | 17738 | 17738 | 0 | (107) |
|  |  | 07/2025  | $4456 | 6859 | 6859 | 59 | 0 |
|  |  | 07/2025  | 186 | 309 | 309 | 2 | 0 |
|  |  | 08/2025  | 6859 | $4458 | 4458 | 0 | (59) |
|  |  | 08/2025  | 40224 | 5594 | 5594 | 0 | (47) |
|  |  | 08/2025  | 309 | 186 | 186 | 0 | (2) |
|  |  | 08/2025  | $17777 | 15150 | 15150 | 107 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 230275 | $261834 | 261834 | 0 | (9419) |
|  |  | 07/2025  | 63156293 | 3871 | 3871 | 0 | (23) |
|  |  | 07/2025  | 2623087 | 1924 | 1924 | 0 | (16) |
|  |  | 07/2025  | $3739 | 3063 | 3063 | 122 | 0 |
|  |  | 07/2025  | 2003 | 2732553 | 2732553 | 18 | 0 |
|  |  | 07/2025  | 23 | 29 | 29 | 0 | 0 |
|  |  | 08/2025  | 8712 | $1218 | 1218 | 0 | (4) |
|  |  | 08/2025  | 29 | 23 | 23 | 0 | 0 |
|  |  | 08/2025  | 663 | 20 | 20 | 0 | (3) |
|  |  | 08/2025  | $5186 | 37081 | 37081 | 14 | 0 |
|  |  | 10/2025  | 658 | 2431 | 2431 | 26 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 73042 | $13010 | 13010 | 0 | (434) |
|  |  | 07/2025  | 97705286 | 5990 | 5990 | 0 | (30) |
|  |  | 07/2025  | 1483134 | 17290 | 17290 | 0 | (9) |
|  |  | 07/2025  | 435700 | 3019 | 3019 | 0 | (7) |
|  |  | 07/2025  | 1630 | 169 | 169 | 0 | (3) |
|  |  | 07/2025  | 1592 | 48 | 48 | 0 | (1) |
|  |  | 07/2025  | 531 | 13 | 13 | 0 | 0 |
|  |  | 07/2025  | 119242 | 3670 | 3670 | 0 | (436) |
|  |  | 07/2025  | $13334 | 73042 | 73042 | 110 | 0 |
|  |  | 07/2025  | 2895 | 47238341 | 47238341 | 18 | 0 |
|  |  | 07/2025  | 8290 | 11222862 | 11222862 | 9 | 0 |
|  |  | 07/2025  | 3810 | 124676 | 124676 | 29 | 0 |
|  |  | 07/2025  | 16190 | 481262 | 481262 | 356 | 0 |
|  |  | 08/2025  | 10206 | $1429 | 1429 | 0 | (2) |
|  |  | 08/2025  | 386 | 17 | 17 | 0 | (1) |
|  |  | 08/2025  | 98198 | 3013 | 3013 | 0 | (401) |
|  |  | 08/2025  | $5928 | 42296 | 42296 | 3 | 0 |
|  |  | 08/2025  | 1058 | 91938 | 91938 | 13 | 0 |
|  |  | 08/2025  | 6 | 921 | 921 | 0 | 0 |
|  |  | 08/2025  | 4328 | 125277 | 125277 | 27 | 0 |
|  |  | 09/2025  | 16400 | $4481 | 4481 | 0 | (391) |
|  |  | 06/2026  | $55 | 17 | 17 | 0 | 0 |
|  |  | 05/2030  | 1467 | $5053 | 5053 | 202 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 8305 | 9465 | 9465 | 0 | (317) |
|  |  | 07/2025  | 221 | 64 | 64 | 0 | (2) |
|  |  | 07/2025  | 140039 | 103 | 103 | 0 | (1) |
|  |  | 07/2025  | 199 | 20 | 20 | 0 | 0 |
|  |  | 07/2025  | 6505 | 1762 | 1762 | 0 | (73) |
|  |  | 07/2025  | 20533 | 630 | 630 | 0 | (2) |
|  |  | 07/2025  | 11130 | 274 | 274 | 0 | (2) |
|  |  | 07/2025  | $56581 | 41585 | 41585 | 501 | 0 |
|  |  | 07/2025  | 31 | 106 | 106 | 0 | 0 |
|  |  | 07/2025  | 9 | 1336 | 1336 | 0 | 0 |
|  |  | 07/2025  | 43 | 161 | 161 | 2 | 0 |
|  |  | 07/2025  | 5716 | 232881 | 232881 | 61 | 0 |
|  |  | 07/2025  | 279502 | $15463 | 15463 | 0 | (300) |
|  |  | 08/2025  | 3804 | 171 | 171 | 0 | (11) |
|  |  | 08/2025  | 41585 | 56588 | 56588 | 0 | (501) |
|  |  | 08/2025  | 25239 | 294 | 294 | 0 | 0 |
|  |  | 08/2025  | $440 | 18326 | 18326 | 5 | 0 |
|  |  | 09/2025  | 4300 | $1202 | 1202 | 0 | (9) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 18044 | 4965 | 4965 | 0 | (126) |
|  |  | 09/2025  | 6607 | 1804 | 1804 | 0 | (57) |
|  |  | 11/2025  | $1983 | 7330 | 7330 | 78 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 207452 | $38015 | 38015 | 0 | (168) |

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<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 8906 | 10379 | 0 | (112) |
|  | 07/2025  | 10497194 | 7651 | 0 | (113) |
|  | 07/2025  | 1935 | 204 | 0 | (1) |
|  | 07/2025  | 83311 | 2505 | 0 | (60) |
|  | 07/2025  | 209302 | 6433 | 0 | (773) |
|  | 07/2025  | $7098 | 10895 | 73 | 0 |
|  | 07/2025  | 35478 | 207452 | 2705 | 0 |
|  | 07/2025  | 11589 | 15870 | 65 | 0 |
|  | 07/2025  | 454 | 24678 | 40 | 0 |
|  | 07/2025  | 3230 | 2785 | 50 | 0 |
|  | 07/2025  | 1196 | 19477402 | 5 | 0 |
|  | 07/2025  | 1822 | 6506 | 13 | 0 |
|  | 07/2025  | 352 | 11752 | 10 | 0 |
|  | 07/2025  | 5327 | 158094 | 116 | 0 |
|  | 08/2025  | 9135 | $1271 | 0 | (10) |
|  | 08/2025  | 229811 | 7053 | 0 | (936) |
|  | 08/2025  | $17372 | 124205 | 45 | 0 |
|  | 08/2025  | 76 | 4164 | 7 | 0 |
|  | 08/2025  | 8599 | 741118 | 32 | (3) |
|  | 09/2025  | 3977 | $1067 | 0 | (115) |
|  | 09/2025  | 19813 | 5462 | 0 | (117) |
|  | 09/2025  | $1458 | 5392 | 61 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 107 | $31 | 0 | (1) |
|  | 07/2025  | 54 | 42 | 0 | (1) |
|  | 07/2025  | $1356 | 73588 | 118 | 0 |
|  | 07/2025  | 275900 | 237824 | 4245 | 0 |
|  | 07/2025  | 61 | 32396 | 1 | 0 |
|  | 07/2025  | 138 | 4115 | 3 | 0 |
|  | 08/2025  | 237303 | $275900 | 0 | (4241) |
|  | 08/2025  | $32 | 1766 | 3 | 0 |
|  | 08/2025  | 3671 | 316785 | 17 | 0 |
|  | 09/2025  | 44600 | $2317 | 0 | (41) |
|  | 09/2025  | $388 | 205394 | 0 | (2) |
|  | 12/2025  | 828 | 440955 | 0 | (20) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 17754 | $11455 | 0 | (230) |
|  | 07/2025  | 129207 | 22599 | 0 | (1183) |
|  | 07/2025  | 4268 | 5183 | 0 | (196) |
|  | 07/2025  | 14596 | 2031 | 0 | (10) |
|  | 07/2025  | 2726 | 19 | 0 | 0 |
|  | 07/2025  | 137 | 106 | 0 | (1) |
|  | 07/2025  | $23664 | 129207 | 118 | 0 |
|  | 07/2025  | 1504 | 1204 | 14 | 0 |
|  | 07/2025  | 5139 | 737271 | 0 | (20) |
|  | 07/2025  | 441 | 1626 | 10 | 0 |
|  | 07/2025  | 18 | 23 | 0 | 0 |
|  | 08/2025  | 1199 | $1504 | 0 | (14) |
|  | 08/2025  | 10772 | 1505 | 0 | (5) |
|  | 08/2025  | 23 | 18 | 0 | 0 |
|  | 08/2025  | $1754 | 151721 | 12 | 0 |
|  | 08/2025  | 19 | 2716 | 0 | 0 |
|  | 09/2025  | 6131 | $1093 | 0 | (18) |
|  | 09/2025  | 101625 | 5219 | 0 | (153) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 47629 | 8638 | 0 | (129) |
|  | 07/2025  | 22645 | 696 | 0 | (84) |
|  | 07/2025  | $8728 | 47629 | 39 | 0 |
|  | 07/2025  | 283 | 4611257 | 1 | 0 |
|  | 07/2025  | 7 | 9 | 0 | 0 |
|  | 07/2025  | 62 | 2009 | 7 | 0 |
|  | 07/2025  | 4635 | $258 | 0 | (3) |
|  | 08/2025  | 9 | 7 | 0 | 0 |
|  | 08/2025  | $77 | 4265 | 7 | 0 |
|  | 08/2025  | 21 | 7447 | 1 | 0 |
|  | 09/2025  | 8638 | 48365 | 128 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | 377 | 3570 | 0 | 0 |
|  | 08/2025  | 3562 | $377 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 11503 | 2060 | 0 | (57) |
|  | 07/2025  | 27654 | 3832 | 0 | (36) |
|  | 07/2025  | 4255 | 5738 | 0 | (102) |
|  | 07/2025  | 657079 | 480 | 0 | (6) |
|  | 07/2025  | 2269 | 1353 | 0 | (30) |
|  | 07/2025  | 3624 | 2821 | 0 | (29) |
|  | 07/2025  | 68851 | 1692 | 0 | (15) |
|  | 07/2025  | 120702 | 3712 | 0 | (444) |
|  | 07/2025  | $2108 | 11503 | 9 | 0 |
|  | 07/2025  | 536 | 8721470 | 2 | 0 |
|  | 07/2025  | 1255 | 4666 | 39 | 0 |
|  | 07/2025  | 15 | 19 | 0 | 0 |
|  | 07/2025  | 979 | 29075 | 22 | 0 |
|  | 07/2025  | 79250 | $4435 | 0 | (35) |
|  | 08/2025  | 37102 | 5157 | 0 | (46) |
|  | 08/2025  | 6875 | 8078 | 0 | (38) |
|  | 08/2025  | 19 | 15 | 0 | 0 |
|  | 08/2025  | 122919 | 3772 | 0 | (501) |
|  | 08/2025  | $5225 | 37347 | 12 | 0 |
|  | 08/2025  | 1183 | 102540 | 11 | 0 |
|  | 08/2025  | 69 | 2258 | 10 | 0 |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 17429 | 17429 | 17429 | $ | 12689 |  | 0 | 0 | 0 |  | (109) |
|  |  | 07/2025  | 13257 | 13257 | 13257 |  | 1840 |  | 0 | 0 | 0 |  | (14) |
|  |  | 07/2025  | 8705 | 8705 | 8705 |  | 6785 |  | 0 | 0 | 0 |  | (61) |
|  |  | 07/2025  | 41821 | 41821 | 41821 |  | 1264 |  | 0 | 0 | 0 |  | (24) |
|  |  | 07/2025  | 57525 | 57525 | 57525 |  | 1765 |  | 0 | 0 | 0 |  | (216) |
|  |  | 07/2025  | $1134 | 1134 | 1134 | CAD | 1559 |  | 11 | 11 | 11 |  | 0 |
|  |  | 07/2025  | 17613 | 17613 | 17613 | EUR | 15151 |  | 235 | 235 | 235 |  | 0 |
|  |  | 07/2025  | 5862 | 5862 | 5862 | GBP | 4325 |  | 75 | 75 | 75 |  | 0 |
|  |  | 07/2025  | 238 | 238 | 238 | IDR | 3871971 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 17578 | 17578 | 17578 | JPY | 2558640 |  | 191 | 191 | 191 |  | (1) |
|  |  | 07/2025  | 331 | 331 | 331 | PLN | 1239 |  | 13 | 13 | 13 |  | 0 |
|  |  | 07/2025  | 9595 | 9595 | 9595 | SGD | 12334 |  | 105 | 105 | 105 |  | 0 |
|  |  | 07/2025  | 528 | 528 | 528 | THB | 17608 |  | 14 | 14 | 14 |  | 0 |
|  |  | 07/2025  | 1740 | 1740 | 1740 | TWD | 55139 |  | 158 | 158 | 158 |  | 0 |
|  |  | 08/2025  | 1556 | 1556 | 1556 | $ | 1134 |  | 0 | 0 | 0 |  | (11) |
|  |  | 08/2025  | 24876 | 24876 | 24876 |  | 3455 |  | 0 | 0 | 0 |  | (34) |
|  |  | 08/2025  | 508 | 508 | 508 |  | 394 |  | 0 | 0 | 0 |  | (7) |
|  |  | 08/2025  | 92635 | 92635 | 92635 |  | 2861 |  | 0 | 0 | 0 |  | (359) |
|  |  | 08/2025  | $82 | 82 | 82 | CNH | 595 |  | 1 | 1 | 1 |  | 0 |
|  |  | 08/2025  | 34 | 34 | 34 | JPY | 4897 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 87071 | 87071 | 87071 | $ | 603 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | $115 | 115 | 115 | JPY | 16655 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 187 | 187 | 187 | NOK | 1882 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 2 | 2 | 2 | PLN | 9 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 10980 | 10980 | 10980 | $ | 1534 |  | 0 | 0 | 0 |  | (6) |
|  |  | 08/2025  | 1882 | 1882 | 1882 |  | 187 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | $603 | 603 | 603 | JPY | 86751 |  | 2 | 2 | 2 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 3386 | 3386 | 3386 | IDR | 55190904 |  | 17 | 17 | 17 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 2 | 2 | 2 | $ | 0 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 373931 | 373931 | 373931 |  | 2602 |  | 6 | 6 | 6 |  | 0 |
|  |  | 07/2025  | 3848 | 3848 | 3848 |  | 132 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | $216 | 216 | 216 | EGP | 11750 |  | 19 | 19 | 19 |  | 0 |
|  |  | 07/2025  | 1316 | 1316 | 1316 | IDR | 21445468 |  | 6 | 6 | 6 |  | 0 |
|  |  | 07/2025  | 1185 | 1185 | 1185 | NZD | 1960 |  | 10 | 10 | 10 |  | 0 |
|  |  | 07/2025  | 79 | 79 | 79 | SGD | 101 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 10252 | 10252 | 10252 | TWD | 304841 |  | 244 | 244 | 244 |  | 0 |
|  |  | 07/2025  | 6655 | 6655 | 6655 | ZAR | 118236 |  | 14 | 14 | 14 |  | 0 |
|  |  | 08/2025  | 18917 | 18917 | 18917 | $ | 2648 |  | 0 | 0 | 0 |  | (5) |
|  |  | 08/2025  | 101 | 101 | 101 |  | 79 |  | 0 | 0 | 0 |  | (1) |
|  |  | 08/2025  | 32185 | 32185 | 32185 |  | 986 |  | 0 | 0 | 0 |  | (132) |
|  |  | 08/2025  | $1568 | 1568 | 1568 | CNH | 11431 |  | 35 | 35 | 35 |  | 0 |
|  |  | 08/2025  | 1238 | 1238 | 1238 | INR | 106290 |  | 0 | 0 | 0 |  | (1) |
|  |  | 08/2025  | 113 | 113 | 113 | JPY | 16271 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 2419504 | 2419504 | 2419504 | $ | 16761 |  | 0 | 0 | 0 |  | (40) |
|  |  | 07/2025  | $20 | 20 | 20 | NOK | 196 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 196 | 196 | 196 | $ | 20 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | $1 | 1 | 1 | HUF | 352 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 7 | 7 | 7 | INR | 613 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 16761 | 16761 | 16761 | JPY | 2410626 |  | 40 | 40 | 40 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 47130 | 47130 | 47130 | $ | 63814 |  | 0 | 0 | 0 |  | (878) |
|  |  | 11/2025  | 5813 | 5813 | 5813 |  | 1576 |  | 0 | 0 | 0 |  | (59) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 16 | 16 | 16 |  | 5 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 139750 | 139750 | 139750 |  | 103 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 1879 | 1879 | 1879 |  | 185 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 6680 | 6680 | 6680 |  | 201 |  | 0 | 0 | 0 |  | (5) |
|  |  | 07/2025  | $7410 | 7410 | 7410 | GBP | 5475 |  | 105 | 105 | 105 |  | 0 |
|  |  | 07/2025  | 75 | 75 | 75 | JPY | 10867 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 103 | 103 | 103 | KRW | 139817 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 321 | 321 | 321 | CNH | 2333 |  | 6 | 6 | 6 |  | 0 |
|  |  | 08/2025  | 224 | 224 | 224 | TRY | 9890 |  | 16 | 16 | 16 |  | 0 |
|  |  | 09/2025  | 140 | 140 | 140 | MXN | 2712 |  | 3 | 3 | 3 |  | 0 |
|  |  | 12/2025  | 7370 | 7370 | 7370 |  | 142667 |  | 94 | 94 | 94 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**11234** | **11234** | **11234** | **$** | $**(24891)** | **(24891)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850% | 0.850% | 3900 | 3900 | 3900 | $(5) | (5) | $ | $(1) |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.900 | 0.900 | 7400 | 7400 | 7400 | (8) | (8) |  | (1) |
| JPM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 1.000 | 1.000 | 2900 | 2900 | 2900 | (3) | (3) |  | 0 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850 | 0.850 | 3900 | 3900 | 3900 | (5) | (5) |  | 0 |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.900 | 0.900 | 2900 | 2900 | 2900 | (4) | (4) |  | 0 |
|  |  |  |  |  |  |  |  |  |  | $(25) | (25) | $ | $(2) |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  | Strike<br>Price | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | 39.750 | 1400 | 1400 | 1400 | $(44) | (44) | $ | $(1) |

---

------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 5 | 7 | 27 | 29 | 41 | 57 | 61 | 74 | 82 | 93 | 105 | 128 | 142 | 151 | 176 | 189 | 201 |
|  |  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 51.750 | 51.750 | 08/11/2025 | 1400 |  | (31) | (31) | (7) | (7) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (75) | (75) | $(8) | (8) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.770% | 3.770% | 07/09/2025 | 07/09/2025 | 6700 | $ | (21) | (21) | $(61) | (61) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.120 | 4.120 | 07/09/2025 | 07/09/2025 | 6700 |  | (21) | (21) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.700 | 3.700 | 07/21/2025 | 07/21/2025 | 5800 |  | (18) | (18) | (45) | (45) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.050 | 4.050 | 07/21/2025 | 07/21/2025 | 5800 |  | (18) | (18) | (3) | (3) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.555 | 3.555 | 07/24/2025 | 07/24/2025 | 3700 |  | (12) | (12) | (13) | (13) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.905 | 3.905 | 07/24/2025 | 07/24/2025 | 3700 |  | (12) | (12) | (7) | (7) |
| CBK | CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.564 | 3.564 | 07/24/2025 | 07/24/2025 | 3800 |  | (13) | (13) | (14) | (14) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.914 | 3.914 | 07/24/2025 | 07/24/2025 | 3800 |  | (12) | (12) | (7) | (7) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | 2.460 | 2.460 | 07/16/2025 | 07/16/2025 | 3400 |  | (10) | (10) | (4) | (4) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | 2.720 | 2.720 | 07/16/2025 | 07/16/2025 | 3400 |  | (10) | (10) | (6) | (6) |
| GLM | GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.775 | 3.775 | 07/07/2025 | 07/07/2025 | 5700 |  | (18) | (18) | (50) | (50) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.125 | 4.125 | 07/07/2025 | 07/07/2025 | 5700 |  | (18) | (18) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.653 | 3.653 | 07/14/2025 | 07/14/2025 | 1400 |  | (4) | (4) | (6) | (6) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.053 | 4.053 | 07/14/2025 | 07/14/2025 | 1400 |  | (4) | (4) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.695 | 3.695 | 07/17/2025 | 07/17/2025 | 5800 |  | (17) | (17) | (40) | (40) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.095 | 4.095 | 07/17/2025 | 07/17/2025 | 5800 |  | (17) | (17) | (1) | (1) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.525 | 3.525 | 07/28/2025 | 07/28/2025 | 300 |  | (1) | (1) | (1) | (1) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.875 | 3.875 | 07/28/2025 | 07/28/2025 | 300 |  | (1) | (1) | (1) | (1) |
| MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.669 | 3.669 | 07/07/2025 | 07/07/2025 | 4400 |  | (16) | (16) | (15) | (15) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.019 | 4.019 | 07/07/2025 | 07/07/2025 | 4400 |  | (17) | (17) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.664 | 3.664 | 07/14/2025 | 07/14/2025 | 1300 |  | (4) | (4) | (6) | (6) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.064 | 4.064 | 07/14/2025 | 07/14/2025 | 1300 |  | (4) | (4) | 0 | 0 |
| NGF | NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.545 | 3.545 | 07/28/2025 | 07/28/2025 | 9300 |  | (30) | (30) | (35) | (35) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.895 | 3.895 | 07/28/2025 | 07/28/2025 | 9300 |  | (30) | (30) | (21) | (21) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (328) | (328) | $(336) | (336) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(428)** | **(428)** | $**(346)** | **(346)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | 1.000% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 1.890% | 1.890% | $10100 | $(505) | (505) | $112 | $0 | 0 | $(393) |
| BPS | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.401 | 0.401 | 1500 | 8 | 8 | 1 | 9 | 9 | 0 |
|  | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 0.758 | 0.758 | 5700 | 8 | 8 | 0 | 8 | 8 | 0 |
| BRC | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 1.890 | 1.890 | 4900 | (247) | (247) | 56 | 0 | 0 | (191) |
| CBK | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.603 | 0.603 | 1700 | (9) | (9) | 22 | 13 | 13 | 0 |
| DUB | Eskom « | Eskom « | Eskom « | 4.650 | Quarterly | Quarterly | 06/30/2029 | 06/30/2029 | —◆ | —◆ | 5000 | 0 | 0 | 296 | 296 | 296 | 0 |
|  | Petroleos Mexicanos « | Petroleos Mexicanos « | Petroleos Mexicanos « | 4.750 | Monthly | Monthly | 07/06/2026 | 07/06/2026 | —◆ | —◆ | 5506 | 0 | 0 | 30 | 30 | 30 | 0 |
| GST | Indonesia Government International Bond  | Indonesia Government International Bond  | Indonesia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.778 | 0.778 | 1600 | 4 | 4 | 13 | 17 | 17 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 0.784 | 0.784 | 600 | (6) | (6) | 10 | 4 | 4 | 0 |
|  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 1.490 | 1.490 | 7900 | (67) | (67) | 33 | 0 | 0 | (34) |

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------

<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 3 | 5 | 29 | 41 | 61 | 70 | 75 | 103 | 105 | 136 | 151 | 158 | 176 | 201 |
| JPM | JPM | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.401 |  | 1100 | (9) | 16 | 16 | 7 | 0 |
|  |  | Poland Government International Bond  | 1.000 | Quarterly | 06/20/2029 | 06/20/2029 | 0.591 |  | 5000 | 65 | 12 | 12 | 77 | 0 |
| MYC | MYC | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.291 |  | 200 | (3) | 4 | 4 | 1 | 0 |
|  |  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.493 |  | 3600 | 10 | 17 | 17 | 27 | 0 |
|  |  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 06/20/2027 | 0.538 |  | 1300 | (4) | 16 | 16 | 12 | 0 |
|  |  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2028 | 06/20/2028 | 0.674 |  | 900 | (17) | 26 | 26 | 9 | 0 |
|  |  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2028 | 12/20/2028 | 0.784 |  | 3900 | (41) | 70 | 70 | 29 | 0 |
|  |  | Turkey Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 06/20/2027 | 1.860 |  | 4000 | (1067) | 1004 | 1004 | 0 | (63) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(1880)** | $**1738** | **1738** | $**539** | $**(681)** |
| **(q)** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,433 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>◆</sup> | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | $98620 | 98620 | $74106 | 74106 | $ | 172726 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 413717 | 413717 | 19870 | 19870 |  | 433587 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 3400 | 3400 | 735182 | 735182 | 12873 | 12873 |  | 751455 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 120942 | 120942 | 0 | 0 |  | 120942 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 493039 | 493039 | 0 | 0 |  | 493039 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 136646 | 136646 | 0 | 0 |  | 136646 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 151169 | 151169 | 2601 | 2601 |  | 153770 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |
| Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | 0 | 0 | 36419 | 36419 | 0 | 0 |  | 36419 |  |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 9749 | 9749 | 0 | 0 |  | 9749 |  |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 10517 | 10517 | 0 | 0 |  | 10517 |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 141409 | 141409 | 0 | 0 |  | 141409 |  |
| Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | 0 | 0 | 1423 | 1423 | 0 | 0 |  | 1423 |  |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 12402 | 12402 | 0 | 0 |  | 12402 |  |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 87205 | 87205 | 3292 | 3292 |  | 90497 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 536318 | 536318 | 0 | 0 |  | 536318 |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Communication Services | Communication Services | Communication Services | Communication Services | Communication Services | Communication Services | 267 | 267 | 0 | 0 | 982 | 982 |  | 1249 |  |
| Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | Consumer Discretionary | 133 | 133 | 0 | 0 | 0 | 0 |  | 133 |  |
| Financials | Financials | Financials | Financials | Financials | Financials | 0 | 0 | 0 | 0 | 2506 | 2506 |  | 2506 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 135 | 135 | 0 | 0 | 0 | 0 |  | 135 |  |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |  |
| Communication Services | Communication Services | Communication Services | Communication Services | Communication Services | Communication Services | 0 | 0 | 0 | 0 | 195 | 195 |  | 195 |  |
| Financials | Financials | Financials | Financials | Financials | Financials | 0 | 0 | 0 | 0 | 6 | 6 |  | 6 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 152 | 152 | 0 | 0 |  | 152 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 12627 | 12627 | 0 | 0 |  | 12627 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 2266 | 2266 | 0 | 0 |  | 2266 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 4061 | 4061 | 0 | 0 |  | 4061 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 2747 | 2747 | 0 | 0 |  | 2747 |  |
|  |  |  |  |  |  | $3935 | 3935 | $3006610 | 3006610 | $116431 | 116431 | $ | 3126976 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $249867 | 249867 | $0 | 0 | $0 | 0 | $ | 249867 |  |

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<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 10 | 11 | 26 | 39 | 42 | 64 | 70 | 83 | 92 | 103 | 123 | 136 | 145 | 154 | 160 | 175 | 196 | 200 |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $253802 | 253802 | 253802 | $3006610 | 3006610 | $116431 | 116431 | 116431 | $ | 3376843 |  |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | (77142) | (77142) | 0 | 0 | 0 |  | (77142) |  |  |
|  |  |  |  |  |  |  | $0 | 0 | 0 | $(77142) | (77142) | $0 | 0 | 0 | $ | (77142) |  |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 251 | 251 | 251 | 1772 | 1772 | 0 | 0 | 0 |  | 2023 |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 11447 | 11447 | 326 | 326 | 326 |  | 11773 |  |  |
|  |  |  |  |  |  |  | $251 | 251 | 251 | $13219 | 13219 | $326 | 326 | 326 | $ | 13796 |  |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (519) | (519) | (519) | (1260) | (1260) | 0 | 0 | 0 |  | (1779) |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (25918) | (25918) | 0 | 0 | 0 |  | (25918) |  |  |
|  |  |  |  |  |  |  | $(519) | (519) | (519) | $(27178) | (27178) | $0 | 0 | 0 | $ | (27697) |  |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $(268) | (268) | (268) | $(13959) | (13959) | $326 | 326 | 326 | $ | (13901) |  |  |
| Totals | Totals | Totals | Totals | Totals | Totals | Totals | $253534 | 253534 | 253534 | $2915509 | 2915509 | $116757 | 116757 | 116757 | $ | 3285800 |  |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Purchases<sup>(1)</sup> | Net<br>Sales/Settlements<sup>(1)</sup> | Net<br>Sales/Settlements<sup>(1)</sup> | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | $68062 | 68062 | 13371 | $ | $(16226) | $ | 70 | $(265) | $ | 2292 | $6802 | 6802 | $0 | 0 | 0 | 74106 | $ | 2377 |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Banking & Finance |  | 17498 | 6928 |  | (6600) |  | 0 | 0 |  | 2044 | 0 | 0 | 0 | 0 | 0 | 19870 |  | 202 |
| Industrials |  | 13682 | 0 |  | (120) |  | 0 | 0 |  | 68 | 0 | 0 | (757) | (757) | (757) | 12873 |  | 68 |
| Non-Agency Mortgage-Backed Securities | 6582 | 6582 | 0 |  | 0 |  | 13 | 0 |  | 210 | 0 | 0 | (4204) | (4204) | (4204) | 2601 |  | 55 |
| Asset-Backed Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Other ABS |  | 3777 | 0 |  | (294) |  | 3 | 0 |  | (194) | 0 | 0 | 0 | 0 | 0 | 3292 |  | (194) |
| Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Communication Services |  | 1123 | 0 |  | 0 |  | 0 | 0 |  | (141) | 0 | 0 | 0 | 0 | 0 | 982 |  | (141) |
| Financials |  | 2447 | 0 |  | 0 |  | 0 | 0 |  | 59 | 0 | 0 | 0 | 0 | 0 | 2506 |  | 59 |
| Industrials |  | 402 | 0 |  | 0 |  | 0 | 0 |  | (268) | 0 | 0 | (134) | (134) | (134) | 0 |  | 0 |
| Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Communication Services<sup>(3)</sup> |  | 0 | 129 |  | 0 |  | 0 | 0 |  | 66 | 0 | 0 | 0 | 0 | 0 | 195 |  | 66 |
| Financials |  | 5 | 0 |  | 0 |  | 0 | 0 |  | 1 | 0 | 0 | 0 | 0 | 0 | 6 |  | 0 |
| Industrials |  | 457 | 0 |  | 0 |  | 0 | 0 |  | (305) | 0 | 0 | (152) | (152) | (152) | 0 |  | 0 |
|  | $114035 | 114035 | 20428 | $ | $(23240) | $ | 86 | $(265) | $ | 3832 | $6802 | 6802 | $(5247) | (5247) | (5247) | 116431 | $ | 2492 |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | $332 | 332 | 0 | $ | $(6) | $ | 0 | $0 | $ | 0 | $0 | 0 | $0 | 0 | 0 | 326 | $ | 0 |
| Totals | $114367 | 114367 | 20428 | $ | $(23246) | $ | 86 | $(265) | $ | 3832 | $6802 | 6802 | $(5247) | (5247) | (5247) | 116757 | $ | 2492 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs |  | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $40162 | 40162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 3.327 – 40.000 | 3.327 – 40.000 | 6.758 | 6.758 |
|  |  |  | 13515 | 13515 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 77.000 - 100.500 | 77.000 - 100.500 | 91.974 | 91.974 |
|  |  |  | 7668 | 7668 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price |  | 100.000 | 100.000 |  |  |
|  |  |  | 12761 | 12761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 100.375 - 101.000 | 100.375 - 101.000 | 100.765 | 100.765 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | 17402 | 17402 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 4.620 - 7.326 | 4.620 - 7.326 | 5.910 | 5.910 |
|  |  |  | 2121 | 2121 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 7.750 | 7.750 |  |  |
|  |  |  | 347 | 347 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price |  | 93.500 | 93.500 |  |  |
| Industrials | Industrials | Industrials | 11768 | 11768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 4.796 - 5.464 | 4.796 - 5.464 | 5.083 | 5.083 |
|  |  |  | 775 | 775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 58.500 | 58.500 |  |  |
|  |  |  | 330 | 330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery |  | 6.000 | 6.000 |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 2601 | 2601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 6.573 | 6.573 |  |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 3292 | 3292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 5.661 - 20.000 | 5.661 - 20.000 | 8.939 | 8.939 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Communication Services | Communication Services | Communication Services | 982 | 982 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 4.864 | 4.864 |  |  |

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<br> Schedule of Investments PIMCO Diversified Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Financials | Financials | 2506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 5.200 |  |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |
| Communication Services | Communication Services | 195 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 4.864 |  |
| Financials | Financials | 6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Option Pricing Model | &nbsp;&nbsp;&nbsp;&nbsp; Volatility |  | 32.500 |  |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | 326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 0.197 - 5.914 | 5.712 |
| Total | Total | $116757 |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(3)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(3)</sup> | Security type updated from Common Stocks to Warrants since prior fiscal year end. | Security type updated from Common Stocks to Warrants since prior fiscal year end. | Security type updated from Common Stocks to Warrants since prior fiscal year end. | Security type updated from Common Stocks to Warrants since prior fiscal year end. | Security type updated from Common Stocks to Warrants since prior fiscal year end. | Security type updated from Common Stocks to Warrants since prior fiscal year end. | Security type updated from Common Stocks to Warrants since prior fiscal year end. |

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<br> Schedule of Investments PIMCO Dynamic Bond Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 164.7% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 1.4%**  |  |  |
| **American Airlines, Inc.**<br>6.519% - 6.522% (TSFR3M + 2.250%) due 04/20/2028 ~ | $3900 | $3880 |
| **Carnival Corp.**<br>6.312% (TSFR1M + 2.000%) due 08/08/2027 ~ | 622 | 623 |
| **IRB Holding Corp.**<br>6.827% (TSFR1M + 2.500%) due 12/15/2027 ~ | 6237 | 6244 |
| **LifePoint Health, Inc.**  |  |  |
| 7.820% (TSFR3M + 3.500%) due 05/19/2031 ~ | 2481 | 2447 |
| 8.006% (TSFR3M + 3.750%) due 05/19/2031 ~ | 5216 | 5169 |
| **MI Windows & Doors LLC**<br>7.327% (TSFR1M + 3.000%) due 03/28/2031 ~ | 792 | 795 |
| **Project Flash**<br>TBD% - 0.625% due 01/09/2030 «µ | 1000 | 988 |
| **Quikrete Holdings, Inc.**<br>6.577% (TSFR1M + 2.250%) due 02/10/2032 ~ | 1197 | 1197 |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 1900 | 2254 |
| **SkyMiles IP Ltd.**<br>8.022% (TSFR3M + 3.750%) due 10/20/2027 ~ | $307 | 309 |
| **Spa Holdings Oyj**<br>8.307% (TSFR3M + 3.750%) due 02/04/2028 | 1633 | 1634 |
| **Stepstone Group MidCo 2 GmbH**<br>6.673% (EUR006M + 4.500%) due 04/26/2032 ~ | 4700 | 5440 |
| **Telecom Serbia**<br>3.399% (EUR003M + 1.350%) due 06/11/2029 «~ | 6000 | 7020 |
| **Twitter, Inc.**<br>9.500% due 10/26/2029 | $2200 | 2142 |
| Total Loan Participations and Assignments (Cost $38,966) |  | 40142 |
| **CORPORATE BONDS & NOTES 18.3%**  |  |  |
| **BANKING & FINANCE 10.3%**  |  |  |
| **Adler Financing SARL** <br>8.250% due 12/31/2028 | 221 | 273 |
| **AerCap Ireland Capital DAC** <br>3.300% due 01/30/2032 | $3700 | 3354 |
| **Air Lease Corp.** <br>2.875% due 01/15/2032 | 1000 | 888 |
| **Aircastle Ltd.** <br>5.750% due 10/01/2031 | 1900 | 1955 |
| **Alamo Re Ltd.** <br>15.544% due 06/08/2026 ~ | 1800 | 1870 |
| **American Assets Trust LP** <br>3.375% due 02/01/2031 | 2100 | 1882 |
| **American Tower Corp.**  |  |  |
| 1.875% due 10/15/2030  | 1700 | 1478 |
| 2.100% due 06/15/2030  | 700 | 622 |
| 3.650% due 03/15/2027  | 4500 | 4447 |
| 4.050% due 03/15/2032  | 700 | 670 |
| **Armor RE Ltd.** <br>14.558% due 05/07/2031 ~ | 500 | 518 |
| **Athene Global Funding** <br>3.046% due 02/23/2027 ~ | 3200 | 3789 |
| **Aviation Capital Group LLC** <br>5.375% due 07/15/2029 | $2000 | 2038 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.125% due 02/21/2026  | 161 | 158 |
| 2.528% due 11/18/2027  | 9 | 9 |
| 4.950% due 01/15/2028  | 3600 | 3620 |
| 5.150% due 01/15/2030  | 2000 | 2016 |
| **Banca Monte dei Paschi di Siena SpA** <br>7.708% due 01/18/2028 •  | 2500 | 3230 |
| **Banco Santander SA** <br>4.175% due 03/24/2028 •  | $5000 | 4972 |
| **Bank of America Corp.** <br>5.202% due 04/25/2029 •  | 1700 | 1738 |
| **Barclays PLC**  |  |  |
| 2.894% due 11/24/2032 •  | 4400 | 3896 |
| 4.337% due 01/10/2028  | 800 | 798 |
| 4.375% due 01/12/2026  | 900 | 899 |
| 4.836% due 05/09/2028  | 350 | 351 |
| 4.972% due 05/16/2029 •  | 1900 | 1920 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.385% due 11/02/2028 •  | 1000 | 1062 |
| 7.437% due 11/02/2033 •  | 1800 | 2044 |
| **Bayou Re Ltd.** <br>12.794% due 04/30/2031 ~ | 500 | 527 |
| **Blue Owl Finance LLC** <br>3.125% due 06/10/2031 | 1900 | 1688 |
| **BNP Paribas SA**  |  |  |
| 1.904% due 09/30/2028 •  | 3200 | 3021 |
| 2.159% due 09/15/2029 •  | 6400 | 5934 |
| 2.871% due 04/19/2032 •  | 4200 | 3765 |
| **BPCE SA** <br>6.612% due 10/19/2027 •  | 7800 | 7987 |
| **Cape Lookout Re Ltd.**  |  |  |
| 11.194% due 03/13/2032 ~  | 1400 | 1406 |
| 12.996% due 04/05/2027 ~  | 2300 | 2333 |
| **Capital One Financial Corp.** <br>6.183% due 01/30/2036 •  | 3700 | 3768 |
| **Cooperatieve Rabobank UA** <br>5.500% due 10/05/2026 | 1900 | 1932 |
| **Credicorp Capital Sociedad Titulizadora SA** <br>9.700% due 03/05/2045 « | 4300 | 1268 |
| **Credit Suisse AG AT1 Claim**  | $8700 | 1044 |
| **CTP NV** <br>0.625% due 09/27/2026 | 1000 | 1147 |
| **Deutsche Bank AG**  |  |  |
| 1.625% due 01/20/2027  | 1000 | 1165 |
| 1.750% due 11/19/2030 •  | 600 | 663 |
| 2.129% due 11/24/2026 •  | $1000 | 990 |
| 3.547% due 09/18/2031 •  | 5600 | 5240 |
| 3.729% due 01/14/2032 •  | 1700 | 1558 |
| 5.882% due 07/08/2031 •  | 1700 | 1746 |
| 6.119% due 07/14/2026 •  | 11700 | 11705 |
| **Equinix, Inc.**  |  |  |
| 0.250% due 03/15/2027  | 1400 | 1587 |
| 3.900% due 04/15/2032  | $3000 | 2843 |
| **Everglades Re Ltd.**  |  |  |
| 14.794% due 05/13/2027 ~  | 400 | 417 |
| 15.794% due 05/13/2031 ~  | 400 | 415 |
| 17.044% due 05/13/2031 ~  | 400 | 415 |
| **Extra Space Storage LP** <br>2.350% due 03/15/2032 | 1300 | 1104 |
| **Fairfax Financial Holdings Ltd.** <br>4.625% due 04/29/2030 | 2900 | 2886 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 3.375% due 11/13/2025  | 2500 | 2484 |
| 5.918% due 03/20/2028  | 1600 | 1617 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.640% due 02/24/2028 •  | 4100 | 3983 |
| 3.615% due 03/15/2028 •  | 4600 | 4537 |
| 3.691% due 06/05/2028 •  | 16100 | 15878 |
| 5.798% due 08/10/2026 •  | 2100 | 2103 |
| **Greengrove RE Ltd.** <br>12.044% due 04/08/2032 ~ | 600 | 600 |
| **Hardwood Funding LLC**  |  |  |
| 4.840% due 06/07/2028 «(k)  | 1300 | 1308 |
| 5.160% due 06/07/2032 «(k)  | 2400 | 2428 |
| 5.330% due 06/07/2035 «(k)  | 600 | 608 |
| **Host Hotels & Resorts LP** <br>5.500% due 04/15/2035 | 2000 | 1981 |
| **HSBC Holdings PLC** <br>5.875% due 09/28/2026 •(h)(i) | 6200 | 8521 |
| **ING Groep NV** <br>4.017% due 03/28/2028 •  | $3500 | 3478 |
| **Intercontinental Exchange, Inc.** <br>1.850% due 09/15/2032 | 1400 | 1164 |
| **Intesa Sanpaolo SpA** <br>7.750% due 01/11/2027 •(h)(i) | 1700 | 2111 |
| **JPMorgan Chase & Co.**  |  |  |
| 2.947% due 02/24/2028 •  | $8200 | 8015 |
| 2.963% due 01/25/2033 •  | 9200 | 8272 |
| 4.005% due 04/23/2029 •  | 500 | 496 |
| **JPMorgan Chase Bank NA** <br>5.110% due 12/08/2026 | 1050 | 1064 |
| **KKR Group Finance Co. LLC** <br>4.850% due 05/17/2032 | 1000 | 996 |
| **Lazard Group LLC** <br>6.000% due 03/15/2031 | 1900 | 1996 |
| **Lloyds Banking Group PLC** <br>3.750% due 03/18/2028 •  | 1900 | 1877 |
| **Longleaf Pine Re Ltd.** <br>21.794% due 05/27/2031 ~ | 600 | 619 |
| **Mitsubishi UFJ Financial Group, Inc.** <br>2.559% due 02/25/2030 | 1000 | 918 |
| **Mizuho Financial Group, Inc.** <br>3.261% due 05/22/2030 •  | 3800 | 3631 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley** <br>4.431% due 01/23/2030 •  | 1400 | 1398 |
| **Nationwide Building Society** <br>4.302% due 03/08/2029 •  | 13500 | 13421 |
| **Nature Coast Re Ltd.** <br>14.044% due 04/10/2033 ~ | 800 | 804 |
| **NatWest Group PLC**  |  |  |
| 4.892% due 05/18/2029 •  | 2200 | 2223 |
| 5.125% due 05/12/2027 •(h)(i)  | 1700 | 2288 |
| 7.472% due 11/10/2026 •  | $10000 | 10099 |
| 8.000% due 08/10/2025 •(h)(i)  | 900 | 906 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 1.850% due 09/16/2026  | 1100 | 1050 |
| 2.450% due 09/15/2028  | 600 | 532 |
| **Palm RE Ltd.** <br>12.058% due 06/07/2032 ~ | 400 | 401 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (f) | 4800 | 3416 |
| **Polestar Re Ltd.**  |  |  |
| 14.794% due 01/07/2028 ~  | 500 | 516 |
| 17.544% due 01/07/2027 ~  | 2300 | 2403 |
| **Purple Re Ltd.** <br>13.294% due 06/07/2027 ~ | 700 | 716 |
| **RLJ Lodging Trust LP** <br>4.000% due 09/15/2029 | 1100 | 1027 |
| **Santander Holdings USA, Inc.** <br>3.244% due 10/05/2026 | 2400 | 2363 |
| **Santander U.K. Group Holdings PLC** <br>3.823% due 11/03/2028 •  | 650 | 637 |
| **Sirius Real Estate Ltd.** <br>1.125% due 06/22/2026 | 1900 | 2197 |
| **SMBC Aviation Capital Finance DAC** <br>2.300% due 06/15/2028 | $2000 | 1875 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>2.222% due 09/17/2031 | 4800 | 4181 |
| **Thames SSNM** <br>9.750% due 10/10/2027 « | 108 | 139 |
| **Torrey Pines Re Ltd.**  |  |  |
| 10.308% due 06/07/2032 ~  | $600 | 620 |
| 11.558% due 06/07/2027 ~  | 400 | 417 |
| **UBS Group AG**  |  |  |
| 3.091% due 05/14/2032 •  | 3250 | 2951 |
| 4.194% due 04/01/2031 •  | 3000 | 2938 |
| 4.375% due 02/10/2031 •(h)(i)  | 400 | 355 |
| 6.327% due 12/22/2027 •  | 5700 | 5854 |
| 6.373% due 07/15/2026 •  | 1200 | 1201 |
| **Unigel Netherlands Holding Corp. BV (15.000% Cash or 15.000% PIK)**<br>15.000% due 12/31/2044 ^(c)(d) | 2431 | 79 |
| **Ursa Re Ltd.** <br>11.794% due 02/22/2028 ~ | 1400 | 1408 |
| **Veraison Re Ltd.** <br>9.294% due 03/08/2033 ~ | 300 | 300 |
| **Vitality Re Ltd.**  |  |  |
| 6.044% due 01/08/2030 ~  | 300 | 300 |
| 8.044% due 01/08/2030 ~  | 300 | 301 |
| **Wells Fargo & Co.**  |  |  |
| 3.526% due 03/24/2028 •  | 9700 | 9567 |
| 3.584% due 05/22/2028 •  | 4950 | 4876 |
| **Weyerhaeuser Co.** <br>4.000% due 04/15/2030 | 5100 | 4977 |
| **Winston RE Ltd.** <br>10.808% due 02/21/2028 ~ | 250 | 254 |
|  |  | 288726 |
| **INDUSTRIALS 6.2%**  |  |  |
| **Air Canada** <br>4.625% due 08/15/2029 | 800 | 583 |
| **Altice France Holding SA** <br>4.000% due 02/15/2028 | 2200 | 928 |
| **Altice France SA**  |  |  |
| 4.250% due 10/15/2029  | 2700 | 2677 |
| 5.500% due 10/15/2029  | $2800 | 2324 |
| **American Airlines Pass-Through Trust**  |  |  |
| 3.150% due 08/15/2033  | 364 | 335 |
| 3.350% due 04/15/2031  | 1367 | 1302 |
| 3.375% due 11/01/2028  | 200 | 195 |
| 3.575% due 07/15/2029  | 477 | 462 |
| 3.650% due 02/15/2029  | 615 | 595 |
| 3.700% due 04/01/2028  | 1013 | 996 |
| **American Airlines, Inc.**  |  |  |
| 5.500% due 04/20/2026  | 633 | 632 |
| 5.750% due 04/20/2029  | 500 | 500 |
| **Ashtead Capital, Inc.**  |  |  |
| 5.800% due 04/15/2034  | 1000 | 1024 |
| 5.950% due 10/15/2033  | 4600 | 4767 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Bayer** **U.S. Finance LLC**  |  |  |
| 4.250% due 12/15/2025  | 2200 | 2194 |
| 4.375% due 12/15/2028  | 600 | 595 |
| 6.375% due 11/21/2030  | 1900 | 2020 |
| **BCP V Modular Services Finance PLC** <br>4.750% due 11/30/2028 | 6000 | 6965 |
| **Booz Allen Hamilton, Inc.** <br>5.950% due 08/04/2033 | $1000 | 1028 |
| **Broadcom, Inc.**  |  |  |
| 4.000% due 04/15/2029  | 3100 | 3059 |
| 4.150% due 04/15/2032  | 3100 | 2989 |
| **Centene Corp.** <br>4.250% due 12/15/2027 | 1700 | 1675 |
| **Cheniere Corpus Christi Holdings LLC** <br>5.125% due 06/30/2027 | 9500 | 9593 |
| **Community Health Systems, Inc.** <br>5.625% due 03/15/2027 | 1300 | 1281 |
| **Constellation Brands, Inc.**  |  |  |
| 4.350% due 05/09/2027  | 3300 | 3302 |
| 4.750% due 05/09/2032  | 300 | 298 |
| **Coty, Inc.**  |  |  |
| 3.875% due 04/15/2026  | 3500 | 4129 |
| 4.750% due 01/15/2029  | $7200 | 7043 |
| **Delta Air Lines, Inc.**  |  |  |
| 4.500% due 10/20/2025  | 217 | 216 |
| 7.375% due 01/15/2026  | 6900 | 7001 |
| **Eni SpA** <br>5.500% due 05/15/2034 | 1900 | 1916 |
| **Exela Intermediate LLC** <br>11.500% due 04/15/2026 | 845 | 42 |
| **Expand Energy Corp.** <br>5.875% due 02/01/2029 | 300 | 301 |
| **FactSet Research Systems, Inc.**  |  |  |
| 2.900% due 03/01/2027  | 1200 | 1170 |
| 3.450% due 03/01/2032  | 2200 | 2007 |
| **Flora Food Management BV** <br>6.875% due 07/02/2029 | 4500 | 5390 |
| **Frontier Communications Holdings LLC** <br>8.750% due 05/15/2030 | $4000 | 4187 |
| **Global Payments, Inc.** <br>2.900% due 11/15/2031 | 500 | 442 |
| **Haleon U.S. Capital LLC** <br>3.375% due 03/24/2027 | 3000 | 2958 |
| **Hilton Domestic Operating Co., Inc.** <br>3.750% due 05/01/2029 | 6500 | 6235 |
| **Hyundai Capital America** <br>4.875% due 06/23/2027 | 5500 | 5534 |
| **INEOS Finance PLC** <br>5.625% due 08/15/2030 | 1500 | 1722 |
| **INEOS Styrolution Ludwigshafen GmbH** <br>2.250% due 01/16/2027 | 2450 | 2807 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 | $1617 | 1653 |
| **JetBlue Pass-Through Trust** <br>4.000% due 05/15/2034 | 353 | 331 |
| **Las Vegas Sands Corp.**  |  |  |
| 5.625% due 06/15/2028  | 4600 | 4693 |
| 6.200% due 08/15/2034  | 1900 | 1942 |
| **Marriott International, Inc.** <br>2.750% due 10/15/2033 | 1700 | 1448 |
| **Mileage Plus Holdings LLC** <br>6.500% due 06/20/2027 | 1800 | 1803 |
| **MSCI, Inc.** <br>3.250% due 08/15/2033 | 500 | 439 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 2.652% due 03/17/2026  | 300 | 351 |
| 3.522% due 09/17/2025 (m)  | $700 | 696 |
| 4.345% due 09/17/2027  | 5200 | 4996 |
| 4.810% due 09/17/2030 (m)  | 1100 | 1010 |
| **NXP BV** <br>4.400% due 06/01/2027 | 1800 | 1804 |
| **Petroleos Mexicanos**  |  |  |
| 5.950% due 01/28/2031  | 2200 | 1991 |
| 10.000% due 02/07/2033  | 2300 | 2464 |
| **Prosus NV**  |  |  |
| 1.207% due 01/19/2026  | 600 | 703 |
| 3.061% due 07/13/2031  | $1800 | 1595 |
| 3.680% due 01/21/2030  | 1500 | 1415 |
| **Sabine Pass Liquefaction LLC** <br>5.000% due 03/15/2027 | 1423 | 1432 |
| **Sands China Ltd.** <br>5.400% due 08/08/2028 | 1500 | 1512 |
| **Standard Industries, Inc.** <br>2.250% due 11/21/2026 | 2600 | 3035 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.250% due 11/15/2031  | $1400 | 1214 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.875% due 04/15/2030  | 2100 | 2040 |
| **TD SYNNEX Corp.** <br>2.375% due 08/09/2028 | 1300 | 1218 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 107 | 162 |
| **Thames Water Utilities Finance PLC**  |  |  |
| 4.375% due 01/18/2033  | 2000 | 1542 |
| 6.500% due 02/09/2034  | 400 | 370 |
| **Thames Water Utilities Ltd.** <br>0.000% due 03/22/2027 (f) | 16 | 18 |
| **Unigel Luxembourg SA (11.000% Cash or 12.000% PIK)** <br>11.000% due 12/31/2028 ^(c)(d) | $2903 | 812 |
| **Unigel Luxembourg SA (13.500% Cash or 15.000% PIK)** <br>13.500% due 12/31/2027 (c) | 1374 | 1106 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 378 | 339 |
| 5.875% due 04/15/2029  | 2027 | 2070 |
| **United Airlines, Inc.**  |  |  |
| 4.375% due 04/15/2026  | 300 | 298 |
| 4.625% due 04/15/2029  | 1600 | 1554 |
| **Venture Global LNG, Inc.**  |  |  |
| 8.125% due 06/01/2028  | 370 | 383 |
| 8.375% due 06/01/2031  | 500 | 520 |
| **Venture Global Plaquemines LNG LLC**  |  |  |
| 7.500% due 05/01/2033  | 3400 | 3643 |
| 7.750% due 05/01/2035  | 3400 | 3683 |
| **Virgin Media Secured Finance PLC** <br>5.250% due 05/15/2029 | 3700 | 4912 |
| **Volkswagen Group of America Finance LLC** <br>4.950% due 03/25/2027 | $3300 | 3311 |
| **Wynn Las Vegas LLC** <br>5.250% due 05/15/2027 | 600 | 601 |
| **Wynn Macau Ltd.** <br>5.500% due 01/15/2026 | 300 | 300 |
| **Wynn Resorts Finance LLC** <br>5.125% due 10/01/2029 | 200 | 199 |
| **Zimmer Biomet Holdings, Inc.** <br>1.164% due 11/15/2027 | 1700 | 1937 |
|  |  | 172964 |
| **UTILITIES 1.8%**  |  |  |
| **AT&T, Inc.** <br>4.300% due 02/15/2030 | $105 | 105 |
| **Boston Gas Co.** <br>3.757% due 03/16/2032 | 1900 | 1755 |
| **BP Capital Markets BV** <br>3.360% due 09/12/2031 | 4100 | 4873 |
| **EPH Financing International AS** <br>6.651% due 11/13/2028 | 2850 | 3646 |
| **Georgia Power Co.** <br>4.700% due 05/15/2032 | $6900 | 6904 |
| **ONEOK, Inc.** <br>6.050% due 09/01/2033 | 1800 | 1889 |
| **Pacific Gas & Electric Co.**  |  |  |
| 3.000% due 06/15/2028  | 2600 | 2470 |
| 3.150% due 01/01/2026  | 1500 | 1486 |
| 3.250% due 06/01/2031  | 2800 | 2514 |
| 3.300% due 12/01/2027  | 1000 | 968 |
| 3.450% due 07/01/2025  | 300 | 300 |
| 3.950% due 12/01/2047  | 600 | 424 |
| 4.200% due 03/01/2029  | 5500 | 5370 |
| 4.300% due 03/15/2045  | 700 | 529 |
| 4.400% due 03/01/2032  | 1100 | 1033 |
| 4.450% due 04/15/2042  | 400 | 318 |
| 4.500% due 07/01/2040  | 200 | 167 |
| 4.550% due 07/01/2030  | 1000 | 976 |
| **Southern California Edison Co.** <br>4.700% due 06/01/2027 | 3100 | 3112 |
| **Southern California Gas Co.** <br>2.950% due 04/15/2027 | 5900 | 5782 |
| **Sprint LLC** <br>7.625% due 03/01/2026 | 6600 | 6664 |
|  |  | 51285 |
| Total Corporate Bonds & Notes (Cost $519,708) |  | 512975 |
| **MUNICIPAL BONDS & NOTES 0.3%**  |  |  |
| **CALIFORNIA 0.1%**  |  |  |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021** <br>3.487% due 06/01/2036 | 2500 | 2087 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **ILLINOIS 0.0%**  |  |  |
| **Illinois State General Obligation Bonds, (BABs), Series 2010** <br>7.350% due 07/01/2035 | 864 | 925 |
| **WEST VIRGINIA 0.2%**  |  |  |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2007** <br>0.000% due 06/01/2047 (f) | 34905 | 3194 |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2020**  |  |  |
| 3.401% due 06/01/2034  | 400 | 345 |
| 3.501% due 06/01/2035  | 400 | 340 |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Notes, Series 2020** <br>1.820% due 06/01/2026 | 200 | 195 |
|  |  | 4074 |
| Total Municipal Bonds & Notes (Cost $9,015) |  | 7086 |
| **U.S. GOVERNMENT AGENCIES 71.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.409% due 07/25/2043 •(a) | 4973 | 659 |
| 1.576% due 11/25/2046 ~(a) | 3566 | 136 |
| 1.585% due 12/25/2042 ~(a) | 6983 | 381 |
| 1.680% due 06/25/2047 •(a) | 314 | 42 |
| 1.780% due 06/25/2048 •(a) | 5631 | 699 |
| 1.887% due 06/25/2050 ~(a) | 5923 | 378 |
| 2.000% due 07/25/2052 (a) | 10225 | 1307 |
| 2.080% due 01/25/2042 •(a) | 3677 | 496 |
| 3.000% due 03/25/2050 - 01/25/2052 (a) | 21526 | 3769 |
| 3.500% due 11/25/2051 (a) | 29067 | 5390 |
| 4.437% due 05/01/2036 •  | 1 | 1 |
| 4.496% due 12/25/2036 •  | 13 | 13 |
| 4.500% due 09/25/2053 (a) | 10479 | 2375 |
| 4.556% due 03/25/2034 •  | 4 | 4 |
| 4.586% due 08/25/2034 •  | 1 | 1 |
| 4.770% due 03/25/2037 - 05/25/2042 •  | 34 | 34 |
| 4.881% due 03/25/2036 •  | 5 | 5 |
| 4.887% due 12/01/2036 •  | 1 | 1 |
| 4.966% due 04/18/2032 •  | 8 | 8 |
| 5.000% due 01/25/2035 | 2 | 2 |
| 5.000% due 06/25/2041 - 08/25/2053 (a) | 4766 | 1126 |
| 5.285% due 02/25/2033 þ | 39 | 40 |
| 5.697% due 08/01/2042 - 10/01/2044 •  | 59 | 59 |
| 5.750% due 08/25/2033 | 18 | 18 |
| 6.000% due 01/25/2033 - 07/25/2044 | 60 | 62 |
| 6.009% due 12/01/2034 •  | 5 | 5 |
| 6.089% due 10/25/2031 | 2 | 2 |
| 6.255% due 05/01/2036 •  | 18 | 18 |
| 6.420% due 12/01/2034 •  | 5 | 5 |
| 6.425% due 01/01/2036 - 03/01/2036 •  | 60 | 61 |
| 6.625% due 02/01/2036 •  | 21 | 21 |
| 6.722% due 09/01/2031 •  | 3 | 3 |
| 6.782% due 05/25/2035 ~ | 3 | 3 |
| 7.037% due 11/01/2034 •  | 42 | 43 |
| 7.046% due 09/01/2039 •  | 7 | 7 |
| 7.250% due 08/01/2029 •  | 1 | 1 |
| 7.451% due 09/01/2034 •  | 2 | 2 |
| 7.500% due 06/25/2032 | 8 | 8 |
| **Freddie Mac**  |  |  |
| 1.500% due 02/25/2036 (a) | 12198 | 512 |
| 1.580% due 04/25/2048 - 11/25/2049 •(a) | 17392 | 2328 |
| 1.639% due 03/15/2050 ~(a) | 19551 | 851 |
| 2.000% due 01/25/2051 - 06/25/2052 (a) | 35389 | 4185 |
| 2.500% due 03/25/2051 (a) | 18550 | 2979 |
| 2.500% due 01/25/2052 (a) | 14790 | 2254 |
| 3.000% due 12/15/2047 - 04/25/2053 (a) | 54212 | 8805 |
| 3.500% due 06/15/2049 - 07/25/2051 (a) | 19763 | 3775 |
| 4.000% due 07/01/2047 | 57 | 54 |
| 4.000% due 06/15/2049 (a) | 4473 | 817 |
| 4.347% due 07/25/2033 ~ | 1 | 1 |
| 4.500% due 03/15/2032 (a) | 534 | 45 |
| 4.768% due 12/15/2029 •  | 11 | 11 |
| 4.814% due 08/15/2040 •  | 389 | 384 |
| 5.000% due 02/15/2048 - 06/25/2053 (a) | 22637 | 5360 |
| 5.500% due 09/15/2039 | 17 | 17 |
| 5.799% due 07/25/2044 •  | 555 | 536 |
| 6.000% due 05/15/2035 | 33 | 34 |
| 6.348% due 12/01/2032 •  | 1 | 1 |
| 6.500% due 10/25/2043 | 31 | 32 |
| 6.555% due 09/25/2029 ~ | 11 | 11 |
| 7.000% due 07/25/2043 | 22 | 23 |
| 7.002% due 11/25/2030 | 1 | 1 |
| 7.044% due 09/01/2035 •  | 2 | 2 |
| 7.358% due 03/01/2036 •  | 6 | 6 |
| 7.481% due 08/01/2035 •  | 1 | 1 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.500% due 08/15/2030 - 03/25/2044 | 36 | 38 |
| 8.610% due 12/25/2030 | 63 | 60 |
| **Ginnie Mae**  |  |  |
| 1.618% due 08/20/2049 - 09/20/2049 •(a) | 11499 | 1379 |
| 4.625% due 07/20/2030 •  | 4 | 4 |
| 4.732% due 05/20/2037 •  | 182 | 180 |
| 4.750% due 10/20/2027 - 10/20/2029 •  | 4 | 3 |
| 4.875% due 04/20/2030 •  | 3 | 3 |
| 5.000% (H15T1Y + 1.500%) due 07/20/2026 - 09/20/2026 ~ | 1 | 1 |
| 5.000% due 03/15/2039 - 05/15/2039 | 411 | 414 |
| 5.500% due 10/15/2034 - 03/15/2035 | 26 | 27 |
| 5.625% due 01/20/2027 •  | 4 | 4 |
| 6.000% due 06/20/2038 | 9 | 9 |
| 8.000% due 03/20/2030 | 3 | 3 |
| **Ginnie Mae, TBA**<br>2.500% due 08/01/2055 | 4400 | 3739 |
| **U.S. Small Business Administration**  |  |  |
| 4.760% due 09/01/2025 | 2 | 2 |
| 5.600% due 09/01/2028 | 24 | 25 |
| 6.220% due 12/01/2028 | 20 | 21 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 03/01/2050 | 62429 | 54874 |
| 3.500% due 10/01/2040 - 06/01/2048 | 5682 | 5253 |
| 4.000% due 05/01/2047 - 04/01/2048 | 7743 | 7315 |
| 6.000% due 04/01/2055 | 22352 | 23023 |
| 6.500% due 06/01/2036 - 08/01/2038 | 476 | 502 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 08/01/2055 | 25100 | 21717 |
| 3.500% due 08/01/2055 | 48700 | 43838 |
| 4.000% due 07/01/2055 - 08/01/2055 | 106200 | 98743 |
| 4.500% due 08/01/2055 | 114400 | 109388 |
| 5.000% due 07/01/2055 - 08/01/2055 | 813700 | 797073 |
| 5.500% due 07/01/2055 - 08/01/2055 | 145900 | 145790 |
| 6.000% due 08/01/2055 | 535900 | 544101 |
| 6.500% due 08/01/2055 | 86000 | 88675 |
| Total U.S. Government Agencies (Cost $1,995,369) |  | 1996414 |
| **U.S. TREASURY OBLIGATIONS 11.1%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 2.375% due 02/15/2042 (q) | 12200 | 8879 |
| 2.500% due 02/15/2045 (q) | 20 | 14 |
| **U.S. Treasury Inflation Protected Securities (g)** |  |  |
| 0.375% due 07/15/2025 (o) | 1082 | 1082 |
| 0.625% due 07/15/2032 (o)(q) | 54648 | 50995 |
| 1.125% due 01/15/2033 (o)(q) | 49965 | 47767 |
| 1.375% due 07/15/2033 (q) | 20278 | 19702 |
| 1.750% due 01/15/2034 (o)(q) | 11792 | 11695 |
| 1.875% due 07/15/2034  | 52236 | 52307 |
| **U.S. Treasury Notes**  |  |  |
| 2.500% due 03/31/2027 (o)(q) | 6300 | 6167 |
| 4.250% due 11/15/2034 | 112200 | 112603 |
| Total U.S. Treasury Obligations (Cost $307,763) |  | 311211 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 5.9%**  |  |  |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 4.694% due 03/25/2036 •  | 180 | 106 |
| 4.751% due 10/25/2035 ~  | 66 | 61 |
| 5.460% due 09/25/2035 ~  | 2 | 2 |
| **American Home Mortgage Assets Trust**  |  |  |
| 4.624% due 05/25/2046 •  | 198 | 174 |
| 5.319% due 11/25/2046 •  | 8120 | 1971 |
| 5.369% due 10/25/2046 •  | 98 | 81 |
| **BAMLL Commercial Mortgage Securities Trust** <br>2.847% due 04/20/2042 | 5170 | 4094 |
| **Banc of America Funding Trust**  |  |  |
| 3.507% due 10/20/2046 ~  | 593 | 509 |
| 4.474% due 06/20/2037 ~  | 42 | 36 |
| 4.752% due 02/20/2047 •  | 681 | 654 |
| 4.812% due 10/20/2036 •  | 222 | 171 |
| 4.854% due 04/25/2037 •  | 188 | 159 |
| 4.992% due 06/20/2047 •  | 589 | 486 |
| 5.234% due 05/25/2037 •  | 126 | 108 |
| 5.500% due 09/25/2034  | 307 | 296 |
| 5.806% due 03/25/2037 ~  | 4 | 4 |
| 5.878% due 10/25/2036 ~  | 122 | 111 |
| 6.000% due 08/25/2037  | 347 | 287 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.904% due 02/25/2034 ~  | 17 | 17 |
| 6.480% due 05/25/2034 ~  | 33 | 32 |
| **BCAP LLC Trust**  |  |  |
| 0.000% due 02/26/2036 ~  | 248 | 16 |
| 5.250% due 02/26/2036 ~  | 1333 | 506 |
| 5.250% due 06/26/2037  | 219 | 194 |
| 25.256% due 04/26/2037 ~  | 156 | 60 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Bear** **Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 0.000% due 10/25/2034 ~  | 11 | 9 |
| 4.000% due 05/25/2034 ~  | 3 | 3 |
| 5.396% due 08/25/2035 ~  | 19 | 18 |
| 6.213% due 04/25/2034 ~  | 15 | 15 |
| 6.339% due 11/25/2034 ~  | 1 | 1 |
| 6.884% due 01/25/2034 ~  | 91 | 92 |
| 6.896% due 05/25/2034 ~  | 6 | 6 |
| 6.971% due 11/25/2034 ~  | 36 | 34 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.239% due 03/25/2036 ~  | 145 | 117 |
| 4.333% due 11/25/2036 ~  | 313 | 143 |
| 4.698% due 03/25/2036 ~  | 655 | 378 |
| 4.754% due 08/25/2036 •  | 760 | 650 |
| 4.774% due 08/25/2036 •  | 326 | 292 |
| 4.810% due 08/25/2036 ~  | 9 | 6 |
| 4.834% due 02/25/2034 •  | 28 | 25 |
| 4.874% due 04/25/2036 •  | 844 | 750 |
| 4.907% due 11/25/2035 ~  | 53 | 41 |
| 5.174% due 01/25/2036 ~  | 335 | 317 |
| 5.467% due 05/25/2035 ~  | 624 | 597 |
| **Bear Stearns Mortgage Funding Trust** <br>4.814% due 01/25/2037 •  | 1022 | 988 |
| **Chase Mortgage Finance Trust**  |  |  |
| 6.550% due 02/25/2037 ~  | 8 | 8 |
| 6.606% due 06/25/2035 ~  | 11 | 11 |
| **ChaseFlex Trust**  |  |  |
| 5.034% due 07/25/2037 •  | 335 | 296 |
| 6.000% due 02/25/2037  | 560 | 191 |
| **ChaseFlex Trust Multi-Class Mortgage Pass-Through Certificates** <br>4.283% due 08/25/2037 | 1135 | 963 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.664% due 05/25/2036 •  | 304 | 290 |
| **Citicorp Mortgage Securities Trust** <br>6.000% due 09/25/2037 | 63 | 65 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 5.084% due 11/25/2036 ~  | 197 | 170 |
| 5.988% due 08/25/2035 ~  | 112 | 106 |
| 6.310% due 11/25/2035 •  | 123 | 124 |
| 7.239% due 09/25/2037 ~  | 46 | 45 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 5.830% due 09/25/2035 •  | 13 | 13 |
| 6.743% due 02/25/2034 ~  | 4 | 4 |
| **CitiMortgage Alternative Loan Trust** <br>6.000% due 06/25/2037 | 257 | 226 |
| **Countrywide Alternative Loan Resecuritization Trust** <br>6.000% due 05/25/2036 | 358 | 198 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.138% due 10/25/2035 ~  | 219 | 188 |
| 4.400% due 06/25/2037 ~  | 34 | 32 |
| 4.674% due 06/25/2036 •  | 419 | 393 |
| 4.714% due 04/25/2047 •  | 1693 | 1557 |
| 4.784% due 05/25/2036 •  | 900 | 346 |
| 4.784% due 05/25/2037 •  | 33 | 10 |
| 4.804% due 02/25/2037 •  | 6946 | 2017 |
| 4.814% due 09/25/2046 •  | 41 | 40 |
| 4.834% due 05/25/2036 •  | 830 | 642 |
| 4.834% due 06/25/2037 •  | 10 | 9 |
| 4.884% due 09/25/2035 •  | 2013 | 1224 |
| 4.896% due 07/20/2035 •  | 13 | 12 |
| 4.934% due 12/25/2035 •  | 2009 | 800 |
| 4.934% due 05/25/2037 •  | 798 | 255 |
| 4.934% due 09/25/2046 •  | 814 | 659 |
| 4.994% due 12/25/2035 •  | 204 | 187 |
| 5.076% due 11/20/2035 •  | 1244 | 1117 |
| 5.134% due 05/25/2036 •  | 1001 | 413 |
| 5.144% due 07/25/2036 •  | 800 | 271 |
| 5.184% due 08/25/2035 •  | 39 | 32 |
| 5.234% due 12/25/2035 •  | 249 | 212 |
| 5.250% due 06/25/2035  | 9 | 7 |
| 5.334% due 12/25/2036 •  | 4026 | 1306 |
| 5.500% due 04/25/2035  | 236 | 196 |
| 5.500% due 10/25/2035  | 184 | 97 |
| 5.500% due 11/25/2035  | 1146 | 623 |
| 5.500% due 12/25/2035  | 162 | 82 |
| 5.500% due 01/25/2036  | 173 | 95 |
| 5.500% due 03/25/2036  | 38 | 16 |
| 5.750% due 07/25/2035  | 1199 | 741 |
| 5.879% due 01/25/2036 •  | 397 | 376 |
| 6.000% due 04/25/2036  | 542 | 235 |
| 6.000% due 01/25/2037  | 641 | 317 |
| 6.000% due 02/25/2037  | 1992 | 787 |
| 6.000% due 03/25/2037  | 667 | 228 |
| 6.000% due 08/25/2037  | 470 | 218 |
| 6.250% due 11/25/2036  | 302 | 222 |
| 6.500% due 09/25/2037  | 1060 | 374 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Countrywide** **Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.252% due 03/25/2037 ~  | 41 | 36 |
| 4.766% due 09/25/2034 ~  | 7 | 7 |
| 5.038% due 07/25/2034 ~  | 47 | 45 |
| 5.074% due 03/25/2035 •  | 67 | 66 |
| 5.094% due 02/25/2035 •  | 28 | 27 |
| 5.138% due 11/25/2034 ~  | 19 | 18 |
| 5.174% due 02/25/2035 •  | 478 | 445 |
| 5.194% due 09/25/2034 •  | 1 | 1 |
| 5.500% due 11/25/2035  | 43 | 22 |
| 5.500% due 07/25/2037  | 395 | 158 |
| 5.750% due 07/25/2037  | 1489 | 700 |
| 5.750% due 08/25/2037  | 5909 | 2911 |
| 6.000% due 02/25/2036  | 308 | 111 |
| 6.000% due 03/25/2036  | 3 | 1 |
| 6.175% due 12/25/2033 ~  | 7 | 7 |
| 6.248% due 02/20/2036 •  | 380 | 352 |
| 6.662% due 02/20/2036 •  | 75 | 66 |
| **Countrywide Home Loan Reperforming REMIC Trust**  |  |  |
| 4.774% due 06/25/2035 •  | 321 | 309 |
| 4.834% due 11/25/2034 •  | 7 | 7 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 5.063% due 03/25/2032 ~  | 25 | 24 |
| 6.000% due 01/25/2036  | 643 | 394 |
| **Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates** <br>7.000% due 02/25/2034 | 21 | 21 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 3.431% due 11/10/2032  | 1200 | 983 |
| 4.358% due 07/27/2037 ~  | 1200 | 1101 |
| 6.250% due 08/25/2036  | 288 | 105 |
| 7.000% due 08/25/2037 ~  | 794 | 376 |
| **DBGS Mortgage Trust** <br>5.821% due 10/15/2036 •  | 1000 | 991 |
| **Deutsche Alt-A Securities Mortgage Loan Trust**  |  |  |
| 4.634% due 08/25/2037 •  | 18 | 15 |
| 4.674% due 08/25/2036 •  | 1017 | 925 |
| **Deutsche Alt-B Securities Mortgage Loan Trust** <br>4.734% due 04/25/2037 •  | 277 | 195 |
| **DSLA Mortgage Loan Trust**  |  |  |
| 4.952% due 08/19/2045 •  | 7 | 6 |
| 5.319% due 03/19/2046 •  | 239 | 205 |
| **EMF-NL Prime BV** <br>3.063% due 04/17/2041 •  | 458 | 537 |
| **Eurosail PLC** <br>2.409% due 06/10/2044 •  | 5734 | 6695 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | $10379 | 10388 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 4.355% due 01/25/2036 ~  | 2019 | 996 |
| 4.649% due 03/25/2035 ~  | 15 | 8 |
| 5.138% due 06/25/2036 ~  | 175 | 139 |
| 5.338% due 04/25/2036 ~  | 141 | 118 |
| **First Horizon Mortgage Pass-Through Trust** <br>6.431% due 08/25/2035 ~ | 74 | 53 |
| **GreenPoint Mortgage Funding Trust** <br>4.974% due 11/25/2045 •  | 31 | 29 |
| **GreenPoint Mortgage Pass-Through Certificates** <br>7.182% due 10/25/2033 ~ | 6 | 6 |
| **GreenPoint MTA Trust** <br>4.874% due 06/25/2045 •  | 3 | 3 |
| **Grifonas Finance PLC** <br>2.669% due 08/28/2039 •  | 217 | 249 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 03/25/2035 •  | $26 | 25 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.920% due 06/25/2034 ~  | 22 | 21 |
| 5.750% due 03/25/2036  | 130 | 117 |
| 5.750% due 01/25/2037  | 312 | 184 |
| 5.880% due 03/25/2033 •  | 1 | 1 |
| 6.000% due 02/25/2036  | 1100 | 417 |
| 6.000% due 03/25/2037  | 627 | 313 |
| 6.000% due 05/25/2037  | 164 | 120 |
| 6.500% due 09/25/2036  | 320 | 141 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.612% due 11/19/2046 •  | 18 | 13 |
| 4.787% due 06/19/2045 •  | 2329 | 1064 |
| 4.801% due 11/19/2036 •  | 70 | 61 |
| 4.912% due 06/19/2035 •  | 14 | 14 |
| 4.932% due 01/19/2036 •  | 815 | 530 |
| 4.992% due 02/19/2036 •  | 566 | 248 |
| 5.052% due 11/19/2035 •  | 235 | 152 |
| 5.252% due 11/19/2034 •  | 227 | 208 |
| 5.932% due 10/19/2035 •  | 308 | 218 |
| 5.997% due 04/19/2034 ~  | 3 | 3 |
| **HomeBanc Mortgage Trust** <br>4.705% due 04/25/2037 ~ | 3662 | 3307 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Impac** **CMB Trust** <br>5.094% due 03/25/2035 •  | 37 | 34 |
| **Impac Secured Assets Trust** <br>5.134% due 05/25/2036 •  | 28 | 26 |
| **Impact Funding Affordable Multifamily Housing Mortgage Loan Trust** <br>5.314% due 01/25/2051 | 5 | 5 |
| **IndyMac IMSC Mortgage Loan Trust** <br>3.886% due 06/25/2037 ~ | 433 | 264 |
| **IndyMac INDA Mortgage Loan Trust**  |  |  |
| 4.170% due 12/25/2036 ~  | 16 | 13 |
| 5.506% due 01/25/2036 ~  | 302 | 285 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.587% due 01/25/2036 ~  | 188 | 168 |
| 4.057% due 06/25/2036 ~  | 403 | 355 |
| 4.588% due 12/25/2034 ~  | 157 | 148 |
| 4.754% due 04/25/2037 •  | 207 | 183 |
| 4.814% due 09/25/2046 •  | 15 | 13 |
| 4.834% due 11/25/2046 •  | 225 | 214 |
| 4.934% due 02/25/2037 •  | 1072 | 713 |
| 5.297% due 10/25/2034 ~  | 510 | 489 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.714% due 03/25/2037 •  | 345 | 297 |
| 4.794% due 06/25/2037 •  | 3665 | 1880 |
| 4.826% due 05/25/2037 ~  | 534 | 475 |
| 4.939% due 06/27/2037 •  | 170 | 102 |
| 5.500% due 11/25/2036 ~  | 1 | 0 |
| 5.843% due 05/26/2037 ~  | 2250 | 1763 |
| 6.810% due 08/25/2036  | 505 | 496 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 4.248% due 07/05/2033  | 1300 | 1235 |
| 5.158% due 04/15/2037 •  | 976 | 966 |
| **JP Morgan Mortgage Trust**  |  |  |
| 0.000% due 05/25/2034 ~  | 26 | 25 |
| 5.078% due 11/25/2035 ~  | 127 | 100 |
| 5.479% due 07/25/2035 ~  | 7 | 7 |
| 5.614% due 04/25/2037 ~  | 17 | 13 |
| 5.741% due 04/25/2036 ~  | 75 | 64 |
| 5.750% due 01/25/2036  | 771 | 331 |
| 5.952% due 11/25/2033 ~  | 1 | 1 |
| 6.000% due 08/25/2037  | 9 | 4 |
| 6.250% due 07/25/2036  | 1235 | 374 |
| 6.500% due 01/25/2036  | 408 | 207 |
| 6.500% due 08/25/2036  | 1412 | 436 |
| **Lehman XS Trust** <br>4.834% due 08/25/2046 •  | 820 | 788 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 5.869% due 05/25/2034 ~  | 35 | 34 |
| 6.043% due 11/21/2034 ~  | 10 | 10 |
| **MASTR Seasoned Securitization Trust** <br>5.996% due 10/25/2032 ~ | 2 | 2 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Certificates** <br>5.126% due 11/15/2031 •  | 13 | 13 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Trust** <br>4.866% due 12/15/2030 •  | 26 | 26 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 0.091% due 11/25/2029 ~(a)  | 343 | 0 |
| 4.448% due 03/25/2036 ~  | 598 | 296 |
| 5.742% due 02/25/2036 ~  | 259 | 255 |
| 6.247% due 02/25/2033 ~  | 5 | 5 |
| 7.000% due 05/25/2033 ~  | 1 | 1 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 3.601% due 07/25/2035 ~  | 69 | 62 |
| 3.824% due 12/25/2037 ~  | 924 | 592 |
| 4.327% due 08/25/2034 ~  | 28 | 26 |
| 4.694% due 03/25/2036 •  | 180 | 118 |
| 5.370% due 07/25/2035 ~  | 46 | 38 |
| 5.938% due 08/25/2034 ~  | 3 | 3 |
| 6.075% due 06/25/2036 ~  | 10 | 10 |
| 6.625% due 06/25/2036 ~  | 269 | 258 |
| **NAAC Reperforming Loan REMICS Trust Certificates** <br>6.500% due 02/25/2035 | 328 | 285 |
| **Natixis Commercial Mortgage Securities Trust** <br>3.858% due 04/10/2037 | 330 | 290 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 5035 | 4838 |
| 2.750% due 11/25/2059 ~  | 8196 | 7859 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust**  |  |  |
| 4.413% due 10/25/2035 ~  | 198 | 177 |
| 5.274% due 06/25/2037 •  | 2956 | 2478 |
| **Prime Mortgage Trust** <br>4.834% due 02/25/2034 •  | 1 | 0 |
| **RBSGC Structured Trust** <br>5.500% due 11/25/2035 ~ | 1360 | 1141 |
| **RBSSP Resecuritization Trust**  |  |  |
| 4.661% due 06/27/2036 •  | 1305 | 1296 |
| 4.679% due 06/27/2036 •  | 3500 | 3061 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.679% due 08/27/2037 •  | 143 | 141 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.061% due 12/26/2034 ~  | 143 | 48 |
| 4.684% due 02/25/2036 •  | 120 | 77 |
| 4.794% due 05/25/2036 •  | 650 | 591 |
| 4.804% due 12/25/2036 •  | 47 | 40 |
| 4.834% due 11/25/2036 •  | 152 | 109 |
| 4.920% due 02/25/2035 ~  | 436 | 388 |
| 4.934% due 08/25/2037 •  | 29 | 28 |
| 5.204% due 01/25/2036 ~  | 1050 | 707 |
| 5.234% due 10/25/2045 •  | 105 | 75 |
| 6.000% due 06/25/2036  | 138 | 113 |
| 6.199% due 09/25/2037 ~  | 6109 | 4068 |
| 6.500% due 09/25/2037  | 182 | 152 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 01/25/2046 •  | 1461 | 411 |
| 4.884% due 02/25/2034 •  | 41 | 39 |
| 5.500% due 09/25/2035  | 81 | 37 |
| 5.500% due 12/25/2035  | 226 | 102 |
| 5.750% due 02/25/2036  | 784 | 262 |
| 6.000% due 07/25/2036  | 328 | 163 |
| 6.000% due 07/25/2037  | 1358 | 500 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 0.000% due 09/25/2036 ~  | 7 | 0 |
| 5.548% due 02/25/2036 ~  | 177 | 169 |
| 6.000% due 10/25/2036  | 239 | 195 |
| 6.500% due 03/25/2032  | 7 | 7 |
| **RMAC Securities PLC** <br>4.508% due 06/12/2044 •  | 359 | 484 |
| **Sequoia Mortgage Trust** <br>3.579% due 09/20/2046 ~ | $30 | 20 |
| **STRIPs Ltd.** <br>5.000% due 03/27/2049 | 239 | 4 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.077% due 04/25/2036 ~  | 261 | 137 |
| 4.556% due 09/25/2036 ~  | 162 | 110 |
| 4.600% due 10/25/2036 ~  | 265 | 132 |
| 4.754% due 10/25/2035 •  | 1788 | 1703 |
| 4.874% due 06/25/2037 •  | 853 | 782 |
| 4.930% due 01/25/2035 ~  | 42 | 40 |
| 5.351% due 03/25/2034 ~  | 4 | 4 |
| 5.799% due 01/25/2035 •  | 9 | 8 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.554% due 08/25/2036 •  | 96 | 85 |
| 4.794% due 07/25/2046 •  | 1326 | 1161 |
| 4.854% due 05/25/2036 •  | 83 | 58 |
| 4.854% due 08/25/2036 •  | 466 | 380 |
| 4.894% due 05/25/2045 •  | 21 | 20 |
| 4.932% due 07/19/2035 •  | 40 | 40 |
| 4.994% due 02/25/2036 •  | 132 | 110 |
| 5.012% due 07/19/2034 •  | 2 | 2 |
| 5.034% due 08/25/2036 •  | 452 | 328 |
| 5.132% due 03/19/2034 •  | 1 | 1 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>6.698% due 03/25/2033 ~ | 15 | 15 |
| **Thornburg Mortgage Securities Trust**  |  |  |
| 5.631% due 10/25/2043 ~  | 44 | 41 |
| 5.999% due 06/25/2037 •  | 8261 | 7055 |
| **Towd Point Mortgage Trust** <br>2.900% due 10/25/2059 ~ | 11408 | 10962 |
| **Wachovia Mortgage Loan Trust LLC**  |  |  |
| 6.988% due 05/20/2036 ~  | 20 | 19 |
| 7.444% due 10/20/2035 ~  | 198 | 191 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.017% due 10/25/2036 ~  | 374 | 331 |
| 4.024% due 06/25/2037 ~  | 731 | 644 |
| 4.031% due 03/25/2037 ~  | 12362 | 10736 |
| 4.033% due 12/25/2046 •  | 239 | 215 |
| 4.037% due 10/25/2036 ~  | 15 | 14 |
| 4.059% due 07/25/2037 ~  | 188 | 169 |
| 4.068% due 12/25/2046 •  | 131 | 114 |
| 4.312% due 05/25/2037 ~  | 21 | 17 |
| 4.501% due 05/25/2046 •  | 71 | 60 |
| 4.974% due 12/25/2045 •  | 2 | 2 |
| 4.993% due 01/25/2036 ~  | 300 | 292 |
| 5.014% due 12/25/2045 •  | 229 | 210 |
| 5.064% due 03/25/2035 ~  | 65 | 65 |
| 5.129% due 01/25/2047 •  | 61 | 58 |
| 5.149% due 06/25/2047 •  | 29 | 24 |
| 5.379% due 06/25/2046 •  | 375 | 349 |
| 5.599% due 11/25/2042 •  | 4 | 4 |
| 5.776% due 03/25/2033 ~  | 18 | 18 |
| 5.782% due 06/25/2033 ~  | 26 | 26 |
| 5.799% due 06/25/2042 •  | 63 | 59 |
| 5.799% due 08/25/2042 •  | 41 | 40 |
| 6.037% due 08/25/2035 ~  | 147 | 155 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.205% due 03/25/2034 ~  | 1 | 1 |
| 6.633% due 09/25/2033 ~  | 2 | 2 |
| 6.774% due 12/25/2032 ~  | 1201 | 1166 |
| 6.924% due 10/25/2034 ~  | 54 | 53 |
| **Warwick Finance Residential Mortgages PLC**  |  |  |
| 0.000% due 12/21/2049 (f)  | 0 | 832 |
| 5.189% due 12/21/2049 •  | 2220 | 3058 |
| 5.889% due 12/21/2049 •  | 910 | 1257 |
| 6.389% due 12/21/2049 •  | 455 | 624 |
| 6.889% due 12/21/2049 •  | 260 | 355 |
| 7.389% due 12/21/2049 •  | 260 | 352 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 5.134% due 01/25/2036 •  | $1913 | 1540 |
| 5.169% due 04/25/2047 •  | 2402 | 1967 |
| 5.500% due 11/25/2035  | 79 | 65 |
| 5.750% due 11/25/2035  | 467 | 449 |
| 6.000% due 10/25/2035  | 285 | 225 |
| **Washington Mutual MSC Mortgage Pass-Through Certificates Trust** <br>4.699% due 06/25/2033 ~ | 12 | 10 |
| **Wells Fargo Alternative Loan Trust** <br>4.784% due 06/25/2037 •  | 524 | 378 |
| **Wells Fargo Commercial Mortgage Trust** <br>3.874% due 06/15/2036 ~ | 1400 | 1277 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>6.140% due 04/25/2036 ~ | 27 | 27 |
| Total Non-Agency Mortgage-Backed Securities (Cost $185,791) |  | 165873 |
| **ASSET-BACKED SECURITIES 12.8%**  |  |  |
| **HOME EQUITY OTHER 6.4%**  |  |  |
| **ABFC Trust**  |  |  |
| 4.734% due 05/25/2037 •  | 8983 | 8460 |
| 5.134% due 06/25/2034 •  | 251 | 252 |
| 5.434% due 06/25/2037 •  | 32 | 27 |
| 5.484% due 03/25/2034 •  | 547 | 533 |
| 5.559% due 12/25/2032 •  | 114 | 114 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.674% due 08/25/2036 •  | 2804 | 633 |
| 4.754% due 08/25/2036 •  | 1504 | 339 |
| 4.834% due 12/25/2036 •  | 4758 | 1191 |
| 5.409% due 11/25/2033 •  | 112 | 113 |
| **Aegis Asset-Backed Securities Trust** <br>5.434% due 03/25/2035 •  | 105 | 100 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.559% due 11/25/2034 •  | 870 | 842 |
| **Amortizing Residential Collateral Trust** <br>5.134% due 10/25/2031 •  | 146 | 144 |
| **Argent Securities Trust**  |  |  |
| 4.544% due 09/25/2036 •  | 348 | 112 |
| 4.584% due 09/25/2036 •  | 821 | 264 |
| 4.734% due 06/25/2036 •  | 3298 | 899 |
| 4.734% due 07/25/2036 •  | 1960 | 528 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>3.723% due 02/25/2034 •  | 409 | 427 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>5.529% due 02/25/2035 •  | 332 | 336 |
| **Bayview Financial Revolving Asset Trust** <br>5.371% due 02/28/2040 •  | 45 | 44 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 4.754% due 08/25/2036 •  | 1952 | 1890 |
| 5.434% due 11/25/2042 •  | 2 | 2 |
| **Carrington Mortgage Loan Trust**  |  |  |
| 4.594% due 10/25/2036 •  | 729 | 553 |
| 4.914% due 06/25/2036 •  | 1972 | 1856 |
| 5.334% due 05/25/2034 •  | 705 | 750 |
| **CIT Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 8153 | 8239 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.754% due 09/25/2036 •  | 8379 | 6402 |
| 4.754% due 12/25/2036 •  | 1540 | 1038 |
| **Countrywide Asset-Backed Certificates** <br>5.114% due 12/25/2036 •  | 141 | 115 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 5.054% due 09/25/2037 •  | 1683 | 1379 |
| 5.154% due 07/25/2034 •  | 71 | 74 |
| 5.934% due 02/25/2035 •  | 874 | 872 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.562% due 01/25/2032 •  | 1 | 1 |
| **Credit-Based Asset Servicing & Securitization Mortgage Loan Trust** <br>3.277% due 03/25/2037 þ | 7369 | 2596 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>4.734% due 11/25/2036 •  | 790 | 359 |
| **Delta Funding Home Equity Loan Trust** <br>7.790% due 05/25/2030 | 45 | 45 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Fieldstone** **Mortgage Investment Trust** <br>4.759% due 11/25/2036 •  | 1263 | 788 |
| **Fremont Home Loan Trust**  |  |  |
| 4.584% due 01/25/2037 •  | 1294 | 591 |
| 4.694% due 11/25/2036 •  | 4560 | 1599 |
| 4.914% due 02/25/2037 •  | 3326 | 1024 |
| 4.934% due 05/25/2036 •  | 7877 | 5034 |
| 5.304% due 05/25/2034 •  | 2463 | 2407 |
| **GE-WMC Mortgage Securities Trust** <br>4.734% due 08/25/2036 •  | 2208 | 933 |
| **GSAA Home Equity Trust**  |  |  |
| 4.994% due 07/25/2037 •  | 31412 | 16665 |
| 4.999% due 09/25/2035 ~  | 72 | 68 |
| 5.334% due 08/25/2037 •  | 37 | 37 |
| **GSAMP Trust**  |  |  |
| 4.534% due 12/25/2046 •  | 930 | 460 |
| 4.634% due 12/25/2046 •  | 3394 | 1678 |
| 4.734% due 09/25/2036 •  | 1345 | 464 |
| 4.734% due 12/25/2046 •  | 2184 | 1079 |
| 4.894% due 12/25/2046 •  | 420 | 208 |
| 4.914% due 08/25/2036 •  | 662 | 538 |
| 4.974% due 04/25/2036 •  | 1942 | 1313 |
| **Home Equity Loan Trust** <br>4.774% due 04/25/2037 •  | 3000 | 2648 |
| **Home Equity Mortgage Loan Asset-Backed Trust**  |  |  |
| 4.594% due 07/25/2037 •  | 2392 | 1313 |
| 4.634% due 07/25/2037 •  | 2468 | 1355 |
| 4.674% due 04/25/2037 •  | 1645 | 1114 |
| **Home Equity Mortgage Trust** <br>5.867% due 07/25/2036 þ | 132 | 13 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 4.624% due 01/25/2037 •  | 1333 | 954 |
| 4.654% due 12/25/2036 •  | 3303 | 826 |
| 4.774% due 12/25/2036 •  | 955 | 229 |
| 4.874% due 12/25/2036 •  | 7068 | 1693 |
| **IXIS Real Estate Capital Trust** <br>4.894% due 01/25/2037 •  | 3794 | 1286 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.734% due 07/25/2036 •  | 1188 | 553 |
| 4.754% due 07/25/2036 •  | 1222 | 340 |
| 6.630% due 07/25/2036  | 972 | 260 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 5.034% due 02/25/2036 •  | 1408 | 1214 |
| 6.106% due 07/25/2032 •  | 72 | 71 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.534% due 10/25/2036 •  | 846 | 276 |
| 4.534% due 11/25/2036 •  | 51 | 15 |
| 4.734% due 08/25/2036 •  | 786 | 288 |
| 4.914% due 03/25/2036 •  | 2295 | 1368 |
| 4.914% due 10/25/2036 •  | 1372 | 1229 |
| 5.184% due 10/25/2035 •  | 497 | 475 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 3.967% due 02/25/2037  | 1504 | 171 |
| 4.654% due 08/25/2037 •  | 1577 | 773 |
| 4.734% due 08/25/2037 •  | 9515 | 4662 |
| 5.334% due 02/25/2047 •  | 395 | 232 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.494% due 12/25/2036 •  | 2801 | 1396 |
| 4.544% due 03/25/2037 •  | 1260 | 537 |
| 4.574% due 11/25/2036 •  | 7588 | 3605 |
| 4.584% due 10/25/2036 •  | 16978 | 8796 |
| 4.584% due 12/25/2036 •  | 620 | 309 |
| 4.614% due 02/25/2037 •  | 1927 | 612 |
| 4.634% due 02/25/2037 •  | 50 | 22 |
| 4.654% due 11/25/2036 •  | 4103 | 1949 |
| 4.684% due 03/25/2037 •  | 13514 | 5759 |
| 4.734% due 09/25/2036 •  | 8927 | 3069 |
| 4.734% due 11/25/2036 •  | 2404 | 1361 |
| 4.754% due 09/25/2036 •  | 1506 | 650 |
| 4.794% due 02/25/2037 •  | 1385 | 440 |
| 4.914% due 06/25/2036 •  | 807 | 403 |
| 4.934% due 08/25/2036 •  | 103 | 51 |
| 5.484% due 09/25/2033 •  | 305 | 305 |
| 5.484% due 06/25/2035 •  | 4000 | 3713 |
| **Morgan Stanley Home Equity Loan Trust** <br>4.534% due 12/25/2036 •  | 1234 | 590 |
| **New Century Home Equity Loan Trust** <br>7.434% due 01/25/2033 •  | 212 | 181 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust**  |  |  |
| 5.094% due 10/25/2036 •  | 4007 | 888 |
| 5.234% due 02/25/2037 •  | 397 | 111 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.734% due 09/25/2036 •  | 2902 | 1128 |
| 4.774% due 11/25/2036 •  | 6850 | 2098 |
| 4.854% due 01/25/2037 •  | 2703 | 895 |
| 4.934% due 10/25/2036 •  | 1033 | 478 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Option** **One Mortgage Loan Trust**  |  |  |
| 4.564% due 07/25/2037 •  | 767 | 494 |
| 4.614% due 04/25/2037 •  | 836 | 408 |
| 4.674% due 04/25/2037 •  | 878 | 498 |
| 4.684% due 03/25/2037 •  | 456 | 225 |
| 4.684% due 07/25/2037 •  | 1038 | 669 |
| 4.874% due 01/25/2037 •  | 676 | 396 |
| **Ownit Mortgage Loan Trust**  |  |  |
| 3.136% due 10/25/2035 þ  | 544 | 305 |
| 4.739% due 05/25/2037 •  | 1426 | 1166 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates** <br>6.234% due 12/25/2034 •  | 362 | 358 |
| **People's Financial Realty Mortgage Securities Trust** <br>4.574% due 09/25/2036 •  | 2215 | 546 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 2.654% due 09/25/2037 þ  | 5337 | 3716 |
| 5.612% due 04/25/2037  | 3801 | 882 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.954% due 07/25/2036 •  | 11218 | 9963 |
| 4.974% due 07/25/2036 •  | 2083 | 1824 |
| 5.469% due 08/25/2035 •  | 1053 | 1050 |
| **Saxon Asset Securities Trust** <br>1.540% due 03/25/2035 •  | 69 | 61 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>5.199% due 02/25/2034 •  | 265 | 264 |
| **SG Mortgage Securities Trust**  |  |  |
| 4.734% due 10/25/2036 •  | 2118 | 1988 |
| 4.854% due 10/25/2036 •  | 2300 | 1746 |
| 4.974% due 02/25/2036 •  | 4881 | 2413 |
| **Soundview Home Loan Trust**  |  |  |
| 4.654% due 02/25/2037 •  | 4030 | 1077 |
| 4.994% due 10/25/2036 •  | 1791 | 1775 |
| 5.384% due 09/25/2037 •  | 1670 | 1397 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 5.154% due 10/25/2035 •  | 244 | 239 |
| 5.409% due 01/25/2035 •  | 1713 | 1594 |
| 5.559% due 01/25/2035 •  | 606 | 524 |
| 5.814% due 04/25/2033 •  | 36 | 37 |
| 6.009% due 01/25/2035 •  | 684 | 566 |
| 6.159% due 01/25/2035 •  | 663 | 331 |
| **Structured Asset Securities Corp. Trust** <br>5.124% due 09/25/2035 •  | 4471 | 4279 |
| **Washington Mutual Asset-Backed Certificates Trust** <br>4.914% due 05/25/2036 •  | 1131 | 877 |
|  |  | 180787 |
| **HOME EQUITY SEQUENTIAL 0.1%**  |  |  |
| **ABFC Trust**  |  |  |
| 4.654% due 01/25/2037 •  | 2301 | 1267 |
| 4.754% due 01/25/2037 •  | 1106 | 609 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>3.114% due 01/25/2037 þ | 1095 | 302 |
| **Saxon Asset Securities Trust** <br>4.774% due 10/25/2046 •  | 257 | 252 |
|  |  | 2430 |
| **MANUFACTURING HOUSE SEQUENTIAL 0.1%**  |  |  |
| **Conseco Finance Securitizations Corp.** <br>7.770% due 09/01/2031 þ | 2373 | 2413 |
| **WHOLE LOAN COLLATERAL 1.0%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 5.234% due 09/25/2046 •  | 221 | 211 |
| 5.500% due 08/25/2036  | 34 | 35 |
| 5.750% due 11/25/2034  | 412 | 368 |
| 6.500% due 10/25/2036  | 4737 | 1664 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 5.259% due 05/25/2034 •  | 193 | 189 |
| 5.379% due 03/25/2035 •  | 627 | 662 |
| 5.709% due 07/25/2034 •  | 79 | 78 |
| **GSAMP Trust** <br>3.610% due 11/25/2034 •  | 560 | 538 |
| **Lehman XS Trust** <br>4.954% due 05/25/2046 •  | 20955 | 18753 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>5.194% due 12/25/2035 •  | 1350 | 1332 |
| **RAAC Trust** <br>5.034% due 06/25/2044 •  | 158 | 144 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.934% due 03/25/2036 •  | 2296 | 1436 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 4.674% due 03/25/2037 •  | 595 | 304 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.734% due 09/25/2037 •  | 3686 | 1262 |
|  |  | 26976 |
| **OTHER ABS 5.2%**  |  |  |
| **Ares CLO Ltd.** <br>5.689% due 07/18/2037 •  | 7000 | 7032 |
| **Ares European CLO DAC**  |  |  |
| 3.059% due 10/15/2031 •  | 6926 | 8147 |
| 3.086% due 04/20/2032 •  | 3042 | 3584 |
| **Atlas Senior Loan Fund Ltd.** <br>5.329% due 10/20/2034 •  | $1000 | 1000 |
| **Aurium CLO DAC** <br>2.982% due 01/16/2031 •  | 6416 | 7548 |
| **Avoca CLO DAC** <br>3.075% due 01/12/2031 •  | 117 | 138 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 5.269% due 04/23/2035 •  | $3200 | 3190 |
| 5.641% due 10/16/2037 •  | 1200 | 1205 |
| **Belle Haven ABS CDO Ltd.** <br>7.860% due 11/03/2044 •  | 33772 | 8812 |
| **Cairn CLO DAC** <br>3.059% due 10/15/2031 •  | 4371 | 5141 |
| **Carlyle Euro CLO DAC**  |  |  |
| 2.979% due 01/15/2031 •  | 3946 | 4649 |
| 3.033% due 08/15/2032 •  | 2118 | 2484 |
| **Catamaran CLO Ltd.** <br>5.634% due 04/22/2030 •  | $1286 | 1288 |
| **CBAM Ltd.** <br>5.711% due 01/20/2035 •  | 2000 | 2001 |
| **CIFC Funding Ltd.**  |  |  |
| 5.487% due 10/24/2030 •  | 2865 | 2865 |
| 5.600% due 04/17/2035 •  | 6900 | 6900 |
| **Citius Funding Ltd.** <br>7.750% due 05/05/2046 «•  | 435816 | 0 |
| **Crestline Denali CLO Ltd.** <br>5.561% due 04/20/2030 •  | 39 | 39 |
| **Dryden CLO Ltd.** <br>5.362% due 08/20/2034 •  | 2900 | 2893 |
| **Generate CLO Ltd.** <br>5.649% due 01/20/2038 •  | 6000 | 6035 |
| **KKR CLO Ltd.** <br>5.468% due 07/15/2030 •  | 609 | 610 |
| **Madison Park Funding Ltd.** <br>5.256% due 10/15/2034 •  | 3300 | 3304 |
| **Magnetite Ltd.**  |  |  |
| 5.621% due 01/25/2038 •  | 1000 | 1001 |
| 5.919% due 10/20/2036 •  | 1500 | 1506 |
| **Nelnet Student Loan Trust**  |  |  |
| 4.704% due 03/23/2037 •  | 48 | 47 |
| 4.735% due 10/25/2033 •  | 86 | 85 |
| **Neuberger Berman Loan Advisers CLO Ltd.** <br>5.302% due 10/14/2036 •  | 1800 | 1797 |
| **OCP Euro CLO DAC** <br>3.116% due 09/22/2034 •  | 5481 | 6455 |
| **Palmer Square European Loan Funding DAC** <br>3.203% due 02/15/2035 •  | 6600 | 7777 |
| **Palmer Square Loan Funding Ltd.** <br>5.318% due 10/15/2029 •  | $132 | 132 |
| **Rad CLO Ltd.** <br>5.806% due 07/15/2037 •  | 1500 | 1511 |
| **Romark CLO Ltd.** <br>5.571% due 10/23/2030 •  | 1153 | 1154 |
| **Sculptor European CLO DAC** <br>3.055% due 01/14/2032 •  | 5804 | 6830 |
| **Segovia European CLO DAC** <br>3.116% due 07/20/2032 •  | 7349 | 8670 |
| **Sierra Madre Funding Ltd.**  |  |  |
| 4.806% due 09/07/2039 •  | $10862 | 6564 |
| 4.826% due 09/07/2039 •  | 25351 | 15349 |
| **Signal Peak CLO Ltd.** <br>5.659% due 10/20/2037 •  | 2125 | 2127 |
| **SLM Student Loan Trust**  |  |  |
| 5.920% due 06/25/2043 •  | 103 | 99 |
| 5.920% due 09/25/2076 •  | 104 | 101 |
| 6.220% due 11/25/2070 •  | 141 | 140 |
| **Talon Funding Ltd.** <br>7.990% due 06/05/2035 •  | 1445 | 220 |
| **Triaxx Prime CDO Ltd.** <br>5.220% due 10/02/2039 •  | 3599 | 36 |
| **Venture CLO Ltd.** <br>5.521% due 07/20/2030 •  | 506 | 506 |
| **Vibrant CLO Ltd.** <br>5.651% due 07/20/2032 •  | 1823 | 1827 |
| **Voya CLO Ltd.**  |  |  |
| 5.329% due 04/20/2034 •  | 3900 | 3885 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.491% due 04/17/2030 •  | 104 | 104 |
|  |  | 146788 |
| Total Asset-Backed Securities (Cost $485,355) |  | 359394 |
| **SOVEREIGN ISSUES 18.5%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030  | 3079 | 2446 |
| 0.750% due 07/09/2030 þ  | 1147 | 776 |
| 1.000% due 07/09/2029  | 616 | 515 |
| 3.500% due 07/09/2041  | 132 | 82 |
| 4.125% due 07/09/2035 (m)  | 13492 | 9079 |
| 4.125% due 07/09/2035 þ  | 855 | 557 |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 07/01/2025 (f)  | 1000 | 184 |
| 0.000% due 10/01/2025 (f)  | 480617 | 85327 |
| 0.000% due 04/01/2026 (f)  | 11000 | 1824 |
| **Colombia Government International Bond**  |  |  |
| 1.000% due 04/28/2028 | 105674300 | 23347 |
| 1.000% due 09/18/2030  | 73384900 | 15522 |
| **Dominican Republic International Bond**  |  |  |
| 5.300% due 01/21/2041  | $2050 | 1772 |
| 10.500% due 03/15/2037  | 11400 | 195 |
| 10.750% due 06/01/2036  | 82800 | 1439 |
| **Israel Government International Bond**  |  |  |
| 5.375% due 03/12/2029  | $10500 | 10723 |
| 5.375% due 02/19/2030  | 5400 | 5510 |
| **Japan Government International Bond**  |  |  |
| 2.000% due 12/20/2044  | 3340000 | 21962 |
| 2.200% due 03/20/2064  | 1181000 | 6595 |
| 2.300% due 12/20/2054  | 2540000 | 15856 |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (g)  | 39954 | 1887 |
| 3.000% due 12/03/2026 (g)  | 8076 | 421 |
| 4.000% due 11/30/2028 (g)  | 156288 | 8166 |
| **Mexico Government International Bond**  |  |  |
| 5.400% due 02/09/2028  | $1000 | 1023 |
| 5.850% due 07/02/2032 (b)  | 1800 | 1824 |
| 6.000% due 05/13/2030  | 2700 | 2797 |
| 6.350% due 02/09/2035  | 2600 | 2666 |
| **New Zealand Government International Bond**  |  |  |
| 2.000% due 09/20/2025 (g)  | 21724 | 13278 |
| 3.000% due 09/20/2030 (g)  | 5789 | 3702 |
| **Peru Government International Bond**  |  |  |
| 5.400% due 08/12/2034  | 42200 | 11277 |
| 6.150% due 08/12/2032  | 150200 | 43858 |
| 6.850% due 08/12/2035  | 4100 | 1195 |
| 6.900% due 08/12/2037  | 44400 | 12775 |
| 6.950% due 08/12/2031  | 164721 | 50561 |
| 7.300% due 08/12/2033  | 97900 | 30156 |
| **Republic of South Africa Government International Bond**  |  |  |
| 4.850% due 09/30/2029  | $10000 | 9652 |
| 7.000% due 02/28/2031  | 733400 | 38111 |
| 8.000% due 01/31/2030  | 396400 | 22018 |
| 8.250% due 03/31/2032  | 58600 | 3161 |
| 8.500% due 01/31/2037  | 280500 | 13793 |
| 8.875% due 02/28/2035  | 305300 | 16103 |
| 9.000% due 01/31/2040  | 266700 | 13026 |
| **Romania Government International Bond** <br>1.750% due 07/13/2030 | 3600 | 3647 |
| **Saudi Government International Bond** <br>5.375% due 01/13/2031 | $2200 | 2283 |
| **Turkiye Government International Bond** <br>7.625% due 05/15/2034 | 5500 | 5643 |
| Total Sovereign Issues (Cost $497,686) |  | 516734 |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **FINANCIALS 0.0%**  |  |  |
| **Intelsat Emergence SA «(k)** | 22273 | 768 |
| **Stichting Administratiekantoor (d)** | 11319 | 0 |
| Total Common Stocks (Cost $2,098) |  | 768 |
| **WARRANTS 0.0%**  |  |  |
| **ENERGY 0.0%**  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(k)** | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Warrants (Cost $0) |  | 0 |
| **CONVERTIBLE PREFERRED SECURITIES 0.1%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **Wells Fargo & Co.**<br>7.500% | 3500 | 4109 |
| Total Convertible Preferred Securities (Cost $4,179) |  | 4109 |
| **PREFERRED SECURITIES 0.2%**  |  |  |
| **BANKING & FINANCE 0.2%**  |  |  |
| **AGFC Capital Trust**<br>6.268% (US0003M + 1.750%) due 01/15/2067 ~ | 6600000 | 4614 |
| **Nationwide Building Society**<br>10.250% ~ | 4096 | 731 |
| **Wells Fargo & Co.**<br>3.900% due 03/15/2026 •(h) | 400000 | 397 |
| Total Preferred Securities (Cost $4,964) |  | 5742 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 24.8%**  |  |  |
| **COMMERCIAL PAPER 2.7%**  |  |  |
| **AbbVie, Inc.**  |  |  |
| 4.640% due 07/07/2025  | 7050 | 7044 |
| 4.640% due 07/08/2025  | 250 | 250 |
| **Air Lease Corp.** <br>4.850% due 07/15/2025 | 450 | 449 |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.610% due 07/10/2025  | 1500 | 1498 |
| 4.630% due 07/09/2025  | 1500 | 1498 |
| 4.640% due 07/29/2025  | 1900 | 1893 |
| 4.640% due 07/30/2025  | 1200 | 1195 |
| 4.670% due 07/02/2025  | 3950 | 3949 |
| 4.670% due 07/08/2025  | 250 | 250 |
| **Amrize Finance U.S. LLC**  |  |  |
| 4.670% due 07/15/2025  | 550 | 549 |
| 4.670% due 07/16/2025  | 4900 | 4890 |
| **Bacardi-Martini BV**  |  |  |
| 4.950% due 07/03/2025  | 250 | 250 |
| 4.950% due 07/10/2025  | 400 | 400 |
| **Broadcom, Inc.** <br>4.730% due 07/10/2025 | 2050 | 2047 |
| **Canadian Natural Resources Ltd.**  |  |  |
| 4.830% due 07/11/2025  | 250 | 250 |
| 4.900% due 08/06/2025 (b)  | 4750 | 4727 |
| **CBRE Services, Inc.**  |  |  |
| 4.640% due 07/24/2025  | 2150 | 2143 |
| 4.690% due 07/10/2025  | 800 | 799 |
| 4.710% due 07/10/2025  | 450 | 449 |
| **Crown Castle, Inc.**  |  |  |
| 5.030% due 07/22/2025  | 9400 | 9371 |
| 5.030% due 07/24/2025  | 2400 | 2392 |
| **CVS Health Corp.**  |  |  |
| 4.920% due 07/14/2025  | 4500 | 4491 |
| 4.920% due 07/15/2025  | 1000 | 998 |
| **Enbridge U.S., Inc.** <br>4.600% due 07/21/2025 | 300 | 299 |
| **Equifax, Inc.** <br>4.620% due 07/17/2025 | 250 | 250 |
| **Global Payments, Inc.** <br>5.000% due 07/01/2025 | 500 | 500 |
| **Harley-Davidson Financial Services, Inc.** <br>5.070% due 08/04/2025 | 250 | 249 |
| **HCA, Inc.** <br>4.950% due 08/15/2025 | 250 | 248 |
| **Intel Corp.** <br>4.590% due 07/03/2025 | 4250 | 4248 |
| **Intercontinental Exchange, Inc.** <br>4.600% due 07/02/2025 | 400 | 400 |
| **JABIL, Inc.** <br>4.860% due 07/02/2025 | 900 | 900 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.650% due 07/14/2025  | 450 | 449 |
| 4.720% due 07/07/2025  | 1150 | 1149 |
| 4.720% due 07/09/2025  | 2050 | 2048 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.720% due 07/16/2025  | 450 | 449 |
| **Mondelez International, Inc.** <br>4.570% due 08/11/2025 | 1050 | 1044 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 4.600% due 07/23/2025  | 1150 | 1147 |
| 4.600% due 07/28/2025  | 4350 | 4334 |
| 4.600% due 07/29/2025  | 1100 | 1096 |
| 4.610% due 08/25/2025 (b)  | 1350 | 1340 |
| 4.610% due 08/28/2025 (b)  | 250 | 248 |
| **Northrop Grumman Corp.** <br>4.690% due 07/24/2025 | 1100 | 1097 |
| **ONEOK, Inc.** <br>4.600% due 07/11/2025 | 250 | 250 |
| **RTX Corp.** <br>4.660% due 07/15/2025 | 600 | 599 |
| **Targa Resources Corp.** <br>4.700% due 07/29/2025 | 400 | 398 |
| **TELUS Corp.** <br>4.990% due 09/04/2025 | 250 | 248 |
|  |  | 74772 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.9%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (j) | 24897139 | 24897 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (l) 20.6%** |  | 575277 |
| **NIGERIA TREASURY BILLS 0.3%**  |  |  |
| 31.351% due 06/11/2026 - 06/29/2026 (e)(f) | 17233030 | 9056 |
| **U.S. TREASURY BILLS 0.3%**  |  |  |
| 4.319% due 07/03/2025 - 10/21/2025 (e)(f)(q) | $7287 | 7231 |
| Total Short-Term Instruments (Cost $690,981) |  | 691233 |
| Total Investments in Securities (Cost $4,741,875) |  | 4611681 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 16.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 16.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 16.6%**  |  |  |
| **PIMCO Short Asset Portfolio** | 12770687 | 125102 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 34776074 | 338614 |
| Total Short-Term Instruments (Cost $463,244) |  | 463716 |
| Total Investments in Affiliates (Cost $463,244) |  | 463716 |
| Total Investments 181.3% (Cost $5,205,119) |  | $5075397 |
| **Financial Derivative Instruments (n)(p) (0.3)**%(Cost or Premiums, net $94,285) |  | (8699) |
| Other Assets and Liabilities, net (81.0)% |  | (2267322) |
| Net Assets 100.0% |  | $2799376 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(d)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(h)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(i)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(j)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(k)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | 06/10/2022 | 0 | 0 | 0 | 0 | 0.00 |
| Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | 03/11/2025 | 1300 | 1300 | 1308 | 1308 | 0.05 |
| Hardwood Funding LLC 5.160% due 06/07/2032 | Hardwood Funding LLC 5.160% due 06/07/2032 | Hardwood Funding LLC 5.160% due 06/07/2032 | Hardwood Funding LLC 5.160% due 06/07/2032 | Hardwood Funding LLC 5.160% due 06/07/2032 | Hardwood Funding LLC 5.160% due 06/07/2032 | 03/11/2025 | 2400 | 2400 | 2428 | 2428 | 0.08 |
| Hardwood Funding LLC 5.330% due 06/07/2035 | Hardwood Funding LLC 5.330% due 06/07/2035 | Hardwood Funding LLC 5.330% due 06/07/2035 | Hardwood Funding LLC 5.330% due 06/07/2035 | Hardwood Funding LLC 5.330% due 06/07/2035 | Hardwood Funding LLC 5.330% due 06/07/2035 | 03/11/2025 | 600 | 600 | 608 | 608 | 0.02 |
| Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | 09/05/2018 – 07/03/2023 | 2087 | 2087 | 768 | 768 | 0.03 |
|  |  |  |  |  |  | $ | 6387 | $ | 5112 | 0.18%  | 0.18%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(l)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOM | BOM | 2.730%  | 06/17/2025 | 07/03/2025 | 70000 | &nbsp;&nbsp; Province of Ontario 4.150% due 12/02/2054 | &nbsp;&nbsp; Province of Ontario 4.150% due 12/02/2054 | (53620) | $51404 | $ | $51458 |
| BOS | BOS | 2.350  | 06/23/2025 | 08/01/2025 | $1060 | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.250% due 07/15/2031 | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.250% due 07/15/2031 | (1082) | 1060 |  | 1061 |
|  |  | 3.350  | 06/23/2025 | 08/01/2025 | 479 | &nbsp;&nbsp; American Axle & Manufacturing, Inc. 5.000% due 10/01/2029 | &nbsp;&nbsp; American Axle & Manufacturing, Inc. 5.000% due 10/01/2029 | (487) | 479 |  | 479 |
|  |  | 3.500  | 06/23/2025 | 08/01/2025 | 1603 | &nbsp;&nbsp; Arko Corp. 5.125% due 11/15/2029 | &nbsp;&nbsp; Arko Corp. 5.125% due 11/15/2029 | (1618) | 1603 |  | 1604 |
|  |  | 3.500  | 06/25/2025 | 08/01/2025 | 2394 | &nbsp;&nbsp; United Natural Foods, Inc. 6.750% due 10/15/2028 | &nbsp;&nbsp; United Natural Foods, Inc. 6.750% due 10/15/2028 | (2405) | 2394 |  | 2395 |
|  |  | 3.600  | 06/18/2025 | 08/01/2025 | 260 | &nbsp;&nbsp; Whirlpool Corp. 4.600% due 05/15/2050 | &nbsp;&nbsp; Whirlpool Corp. 4.600% due 05/15/2050 | (269) | 260 |  | 260 |
|  |  | 3.600  | 06/23/2025 | 08/01/2025 | 471 | &nbsp;&nbsp; United Natural Foods, Inc. 6.750% due 10/15/2028 | &nbsp;&nbsp; United Natural Foods, Inc. 6.750% due 10/15/2028 | (476) | 471 |  | 471 |
|  |  | 3.900  | 06/23/2025 | 08/01/2025 | 1384 | &nbsp;&nbsp; CommScope LLC 4.750% due 09/01/2029 | &nbsp;&nbsp; CommScope LLC 4.750% due 09/01/2029 | (201) | 1384 |  | 1385 |
|  |  |  |  |  |  | &nbsp;&nbsp; CommScope Technologies LLC 5.000% due 03/15/2027 | &nbsp;&nbsp; CommScope Technologies LLC 5.000% due 03/15/2027 | (195) |  |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; Gray Media, Inc. 5.375% due 11/15/2031 | &nbsp;&nbsp; Gray Media, Inc. 5.375% due 11/15/2031 | (1060) |  |  |  |
|  |  | 3.960  | 06/18/2025 | 08/01/2025 | 1713 | &nbsp;&nbsp; Service Properties Trust 4.950% due 10/01/2029 | &nbsp;&nbsp; Service Properties Trust 4.950% due 10/01/2029 | (1772) | 1713 |  | 1715 |
|  |  | 4.000  | 06/23/2025 | 08/01/2025 | 744 | &nbsp;&nbsp; Service Properties Trust 4.375% - 4.950% due 10/01/2029 - 02/15/2030 | &nbsp;&nbsp; Service Properties Trust 4.375% - 4.950% due 10/01/2029 - 02/15/2030 | (676) | 744 |  | 745 |
|  |  |  |  |  |  | &nbsp;&nbsp; Tronox, Inc. 4.625% due 03/15/2029 | &nbsp;&nbsp; Tronox, Inc. 4.625% due 03/15/2029 | (88) |  |  |  |
|  |  | 4.050  | 06/23/2025 | 08/01/2025 | 393 | &nbsp;&nbsp; Adient Global Holdings 8.250% due 04/15/2031 | &nbsp;&nbsp; Adient Global Holdings 8.250% due 04/15/2031 | (401) | 393 |  | 393 |
|  |  | 4.100  | 06/23/2025 | 08/01/2025 | 1012 | &nbsp;&nbsp; Caesars Entertainment, Inc. 4.625% due 10/15/2029 | &nbsp;&nbsp; Caesars Entertainment, Inc. 4.625% due 10/15/2029 | (844) | 1012 |  | 1013 |
|  |  |  |  |  |  | &nbsp;&nbsp; Six Flags Entertainment Corp. 5.250% due 07/15/2029 | &nbsp;&nbsp; Six Flags Entertainment Corp. 5.250% due 07/15/2029 | (189) |  |  |  |
|  |  | 4.120  | 06/23/2025 | 08/01/2025 | 3030 | &nbsp;&nbsp; Air Canada 3.875% due 08/15/2026 | &nbsp;&nbsp; Air Canada 3.875% due 08/15/2026 | (50) | 3030 |  | 3033 |
|  |  |  |  |  |  | &nbsp;&nbsp; Chemours Co. 5.375% due 05/15/2027 | &nbsp;&nbsp; Chemours Co. 5.375% due 05/15/2027 | (183) |  |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; Owens-Brockway Glass Container, Inc. 7.250% due 05/15/2031 | &nbsp;&nbsp; Owens-Brockway Glass Container, Inc. 7.250% due 05/15/2031 | (336) |  |  |  |
|  |  |  |  |  |  | &nbsp;&nbsp; Sonic Automotive, Inc. 4.875% due 11/15/2031 | &nbsp;&nbsp; Sonic Automotive, Inc. 4.875% due 11/15/2031 | (2513) |  |  |  |
|  |  | 4.130  | 06/23/2025 | 08/01/2025 | 226 | &nbsp;&nbsp; Rogers Communications, Inc. 5.250% due 03/15/2082 | &nbsp;&nbsp; Rogers Communications, Inc. 5.250% due 03/15/2082 | (53) | 226 |  | 226 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  | &nbsp;&nbsp; Tronox, Inc. 4.625% due 03/15/2029 | (175) |  |  |
|  | 4.140  | 06/23/2025 | 08/01/2025 | 125 | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 7.375% due 03/15/2033 | (127) | 125 | 125 |
|  | 4.150  | 06/23/2025 | 08/01/2025 | 2916 | &nbsp;&nbsp; Amentum Holdings, Inc. 7.250% due 08/01/2032 | (188) | 2916 | 2919 |
|  |  |  |  |  | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.629% due 07/15/2032 | (178) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Darling Ingredients, Inc. 6.000% due 06/15/2030 | (788) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Herc Holdings, Inc. 5.500% due 07/15/2027 | (821) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; NCL Corp. Ltd. 6.750% due 02/01/2032 | (196) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sirius XM Radio LLC 5.000% due 08/01/2027 | (192) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Terex Corp. 6.250% due 10/15/2032 | (584) |  |  |
|  | 4.160  | 06/23/2025 | 08/01/2025 | 3756 | &nbsp;&nbsp; Celanese U.S. Holdings LLC 7.050% due 11/15/2030 | (171) | 3756 | 3760 |
|  |  |  |  |  | &nbsp;&nbsp; Herc Holdings, Inc. 6.625% - 7.250% due 06/15/2029 - 06/15/2033 | (642) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; NCL Corp. Ltd. 8.125% due 01/15/2029 | (21) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Perrigo Finance Unlimited Co. 6.125% due 09/30/2032 | (2770) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sinclair Television Group, Inc. 8.125% due 02/15/2033 | (202) |  |  |
|  | 4.180  | 06/23/2025 | 08/01/2025 | 3602 | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.580% due 07/15/2029 | (291) | 3602 | 3605 |
|  |  |  |  |  | &nbsp;&nbsp; Clarivate Science Holdings Corp. 3.875% due 07/01/2028 | (1055) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Lamb Weston Holdings, Inc. 4.375% due 01/31/2032 | (172) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Service Properties Trust 3.950% - 8.625% due 01/15/2028 - 11/15/2031 | (2118) |  |  |
|  | 4.450  | 06/30/2025 | 07/01/2025 | 122400 | &nbsp;&nbsp; U.S. Treasury Notes 4.000% due 12/15/2027 | (125067) | 122400 | 122415 |
| BPS | 4.080  | 06/23/2025 | 08/01/2025 | 10 | &nbsp;&nbsp; Bombardier, Inc. 6.000% due 02/15/2028 | (10) | 10 | 10 |
|  | 4.120  | 06/23/2025 | 08/01/2025 | 99 | &nbsp;&nbsp; Service Properties Trust 3.950% due 01/15/2028 | (101) | 99 | 99 |
|  | 4.160  | 06/23/2025 | 08/01/2025 | 1952 | &nbsp;&nbsp; Hilton Grand Vacations Borrower LLC 5.000% due 06/01/2029 | (18) | 1952 | 1954 |
|  |  |  |  |  | &nbsp;&nbsp; Phinia, Inc. 6.625% due 10/15/2032 | (16) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Prime Security Services Borrower LLC 6.250% due 01/15/2028 | (361) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Service Properties Trust 3.950% due 01/15/2028 | (212) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sinclair Television Group, Inc. 8.125% due 02/15/2033 | (146) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sirius XM Radio LLC 3.125% due 09/01/2026 | (397) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Tenet Healthcare Corp. 6.125% due 10/01/2028 | (814) |  |  |
| BRC | 2.500  | 06/23/2025 | 08/01/2025 | 23 | &nbsp;&nbsp; Gray Media, Inc. 7.000% due 05/15/2027 | (23) | 23 | 23 |
|  | 2.650  | 06/23/2025 | 08/01/2025 | 493 | &nbsp;&nbsp; Sally Holdings LLC 6.750% due 03/01/2032 | (499) | 493 | 493 |
|  | 3.000  | 06/23/2025 | 08/01/2025 | 2467 | &nbsp;&nbsp; American Axle & Manufacturing, Inc. 5.000% due 10/01/2029 | (2507) | 2467 | 2469 |
|  | 3.250  | 06/23/2025 | 08/01/2025 | 658 | &nbsp;&nbsp; Victoria's Secret & Co. 4.625% due 07/15/2029 | (669) | 658 | 659 |
|  | 3.600  | 06/23/2025 | 08/01/2025 | 193 | &nbsp;&nbsp; MGM Resorts International 6.500% due 04/15/2032 | (196) | 193 | 193 |
| BRC | 3.750  | 06/23/2025 | 07/02/2025 | 187 | &nbsp;&nbsp; TreeHouse Foods, Inc. 4.000% due 09/01/2028 | (187) | 187 | 187 |
|  | 3.850  | 06/23/2025 | 08/01/2025 | 2437 | &nbsp;&nbsp; Kennedy-Wilson, Inc. 5.000% due 03/01/2031 | (2481) | 2437 | 2439 |
|  | 4.000  | 06/23/2025 | 07/02/2025 | 1568 | &nbsp;&nbsp; Papa John's International, Inc. 3.875% due 09/15/2029 | (1580) | 1568 | 1569 |
|  | 4.130  | 06/18/2025 | 08/01/2025 | 1127 | &nbsp;&nbsp; Six Flags Entertainment Corp. 7.250% due 05/15/2031 | (1139) | 1127 | 1129 |
|  | 4.130  | 06/23/2025 | 08/01/2025 | 3523 | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 7.375% due 03/15/2033 | (200) | 3523 | 3526 |
|  |  |  |  |  | &nbsp;&nbsp; Adient Global Holdings 7.500% due 02/15/2033 | (469) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Cinemark USA, Inc. 5.250% due 07/15/2028 | (14) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Kennedy-Wilson, Inc. 4.750% due 02/01/2030 | (2426) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Olin Corp. 5.000% due 02/01/2030 | (190) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Six Flags Entertainment Corp. 7.250% due 05/15/2031 | (186) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sonic Automotive, Inc. 4.625% due 11/15/2029 | (88) |  |  |
|  | 4.150  | 06/23/2025 | 08/01/2025 | 5693 | &nbsp;&nbsp; Amentum Holdings, Inc. 7.250% due 08/01/2032 | (292) | 5693 | 5698 |
|  |  |  |  |  | &nbsp;&nbsp; American Airlines, Inc. 8.500% due 05/15/2029 | (1) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Avient Corp. 7.125% due 08/01/2030 | (398) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Ball Corp. 6.875% due 03/15/2028 | (8) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.629% - 7.050% due 11/15/2028 - 07/15/2032 | (534) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc. 5.125% due 08/15/2027 | (202) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 4.875% due 03/15/2027 | (581) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Graphic Packaging International LLC 6.375% due 07/15/2032 | (11) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Hillenbrand, Inc. 6.250% due 02/15/2029 | (400) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Ingevity Corp. 3.875% due 11/01/2028 | (19) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Kennedy-Wilson, Inc. 4.750% due 02/01/2030 | (420) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Life Time, Inc. 6.000% due 11/15/2031 | (205) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Lithia Motors, Inc. 4.375% due 01/15/2031 | (15) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; NCL Corp. Ltd. 6.750% due 02/01/2032 | (210) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Open Text Holdings, Inc. 4.125% due 12/01/2031 | (23) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Organon & Co. 5.125% due 04/30/2031 | (175) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Perrigo Finance Unlimited Co. 4.900% - 6.125% due 06/15/2030 - 09/30/2032 | (761) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Resideo Funding, Inc. 6.500% due 07/15/2032 | (501) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; U.S. Cellular Corp. 6.700% due 12/15/2033 | (264) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; WESCO Distribution, Inc. 6.625% due 03/15/2032 | (689) |  |  |
|  | 4.170  | 06/23/2025 | 08/01/2025 | 155 | &nbsp;&nbsp; DaVita, Inc. 6.875% due 09/01/2032 | (158) | 155 | 155 |
| BUS | 2.690  | 06/17/2025 | 07/03/2025 | 30000 | &nbsp;&nbsp; Province of Ontario 4.650% due 06/02/2041 | (22906) | 22030 | 22053 |
| BYR | 3.750  | 06/23/2025 | 08/01/2025 | $203 | &nbsp;&nbsp; Owens-Brockway Glass Container, Inc. 7.250% due 05/15/2031 | (207) | 203 | 203 |
|  | 4.000  | 06/23/2025 | 08/01/2025 | 398 | &nbsp;&nbsp; CommScope LLC 4.750% due 09/01/2029 | (196) | 398 | 398 |
|  |  |  |  |  | &nbsp;&nbsp; Sonic Automotive, Inc. 4.625% due 11/15/2029 | (205) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Tronox, Inc. 4.625% due 03/15/2029 | (4) |  |  |
|  | 4.100  | 06/23/2025 | 08/01/2025 | 952 | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 5.000% - 5.500% due 07/01/2028 - 04/15/2029 | (381) | 952 | 953 |
|  |  |  |  |  | &nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC 8.875% due 09/01/2031 | (188) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Elanco Animal Health, Inc. 6.650% due 08/28/2028 | (192) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Rogers Communications, Inc. 5.250% due 03/15/2082 | (201) |  |  |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 4.150  | 06/23/2025 | 08/01/2025 | 1675 | &nbsp;&nbsp; ACCO Brands Corp. 4.250% due 03/15/2029 | (180) | 1675 | 1677 |
|  |  |  |  |  | &nbsp;&nbsp; AdaptHealth LLC 4.625% due 08/01/2029 | (191) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Amentum Holdings, Inc. 7.250% due 08/01/2032 | (307) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; MGM Resorts International 4.625% due 09/01/2026 | (84) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; NCL Corp. Ltd. 6.750% due 02/01/2032 | (200) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Perrigo Finance Unlimited Co. 4.900% due 06/15/2030 | (197) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Rogers Communications, Inc. 7.000% due 04/15/2055 | (210) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sinclair Television Group, Inc. 8.125% due 02/15/2033 | (198) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; WESCO Distribution, Inc. 6.375% due 03/15/2033 | (132) |  |  |
|  | 4.150  | 06/25/2025 | 08/01/2025 | 1802 | &nbsp;&nbsp; Sensata Technologies BV 5.875% due 09/01/2030 | (667) | 1802 | 1803 |
|  |  |  |  |  | &nbsp;&nbsp; Taseko Mines Ltd. 8.250% due 05/01/2030 | (1142) |  |  |
| DEU | 3.900  | 06/23/2025 | 07/02/2025 | 812 | &nbsp;&nbsp; Embecta Corp. 5.000% due 02/15/2030 | (923) | 812 | 812 |
|  | 3.900  | 06/23/2025 | 07/02/2025 | 918 | &nbsp;&nbsp; Embecta Corp. 5.000% due 02/15/2030 | (923) | 918 | 919 |
|  | 3.900  | 06/18/2025 | 08/01/2025 | 965 | &nbsp;&nbsp; Whirlpool Corp. 4.600% due 05/15/2050 | (999) | 965 | 966 |
|  | 3.950  | 06/23/2025 | 08/01/2025 | 1784 | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.625% due 04/30/2033 | (1838) | 1784 | 1786 |
|  | 4.050  | 06/23/2025 | 08/01/2025 | 173 | &nbsp;&nbsp; Whirlpool Corp. 4.500% due 06/01/2046 | (177) | 173 | 173 |
|  | 4.120  | 06/23/2025 | 08/01/2025 | 2453 | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.000% due 07/15/2029 | (2503) | 2453 | 2455 |
|  | 4.150  | 06/23/2025 | 08/01/2025 | 23972 | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 5.000% due 04/15/2029 | (167) | 23972 | 23994 |
|  |  |  |  |  | &nbsp;&nbsp; Bath & Body Works, Inc. 6.625% due 10/01/2030 | (786) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.580% due 07/15/2029 | (1610) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Chemours Co. 5.375% due 05/15/2027 | (1807) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Clarivate Science Holdings Corp. 4.875% due 07/01/2029 | (3488) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; CommScope LLC 4.750% due 09/01/2029 | (2086) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Elanco Animal Health, Inc. 6.650% due 08/28/2028 | (1065) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Energizer Holdings, Inc. 4.375% due 03/31/2029 | (383) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Hillenbrand, Inc. 6.250% due 02/15/2029 | (1903) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; MGM Resorts International 4.625% due 09/01/2026 | (406) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Organon & Co. 7.875% due 05/15/2034 | (1646) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Rogers Communications, Inc. 7.125% due 04/15/2055 | (3021) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Service Properties Trust 4.375% due 02/15/2030 | (1631) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Tenet Healthcare Corp. 6.125% due 10/01/2028 | (4069) |  |  |
|  | 4.150  | 06/18/2025 | 08/01/2025 | 2633 | &nbsp;&nbsp; Owens-Brockway Glass Container, Inc. 7.250% due 05/15/2031 | (2692) | 2633 | 2637 |
|  | 4.150  | 06/25/2025 | 08/01/2025 | 2272 | &nbsp;&nbsp; Bombardier, Inc. 8.750% due 11/15/2030 | (1139) | 2272 | 2274 |
|  |  |  |  |  | &nbsp;&nbsp; Excelerate Energy LP 8.000% due 05/15/2030 | (1142) |  |  |
|  | 4.160  | 06/23/2025 | 08/01/2025 | 598 | &nbsp;&nbsp; LGI Homes, Inc. 7.000% due 11/15/2032 | (187) | 598 | 599 |
|  |  |  |  |  | &nbsp;&nbsp; Rogers Communications, Inc. 7.000% - 7.125% due 04/15/2055 | (419) |  |  |
| GSC | 4.000  | 04/09/2025 | TBD<sup>(2)</sup> | 192 | &nbsp;&nbsp; Cimpress PLC 7.375% due 09/15/2032 | (220) | 192 | 194 |
|  | 4.000  | 05/14/2025 | TBD<sup>(2)</sup> | 136 | &nbsp;&nbsp; Victoria's Secret & Co. 4.625% due 07/15/2029 | (141) | 136 | 137 |
|  | 4.050  | 04/09/2025 | TBD<sup>(2)</sup> | 382 | &nbsp;&nbsp; Cinemark USA, Inc. 7.000% due 08/01/2032 | (401) | 382 | 386 |
|  | 4.050  | 04/16/2025 | TBD<sup>(2)</sup> | 61 | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 7.375% due 03/15/2033 | (63) | 61 | 62 |
|  | 4.050  | 04/17/2025 | TBD<sup>(2)</sup> | 275 | &nbsp;&nbsp; Papa John's International, Inc. 3.875% due 09/15/2029 | (296) | 275 | 277 |
|  | 4.050  | 06/04/2025 | TBD<sup>(2)</sup> | 182 | &nbsp;&nbsp; Six Flags Entertainment Corp. 7.250% due 05/15/2031 | (185) | 182 | 183 |
|  | 4.050  | 06/12/2025 | TBD<sup>(2)</sup> | 1955 | &nbsp;&nbsp; Six Flags Entertainment Corp. 7.250% due 05/15/2031 | (1901) | 1955 | 1959 |
| JPS | 3.000  | 06/23/2025 | 08/01/2025 | 69 | &nbsp;&nbsp; TreeHouse Foods, Inc. 4.000% due 09/01/2028 | (69) | 69 | 69 |
|  | 3.850  | 06/23/2025 | 08/01/2025 | 316 | &nbsp;&nbsp; Arko Corp. 5.125% due 11/15/2029 | (319) | 316 | 316 |
|  | 3.900  | 06/23/2025 | 08/01/2025 | 1299 | &nbsp;&nbsp; Tronox, Inc. 4.625% due 03/15/2029 | (1316) | 1299 | 1300 |
|  | 4.000  | 06/23/2025 | 08/01/2025 | 3791 | &nbsp;&nbsp; Adient Global Holdings Ltd. 7.500% due 02/15/2033 | (3374) | 3791 | 3794 |
|  |  |  |  |  | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.000% due 07/15/2029 | (476) |  |  |
|  | 4.050  | 06/23/2025 | 08/01/2025 | 333 | &nbsp;&nbsp; Organon & Co. 7.875% due 05/15/2034 | (343) | 333 | 333 |
|  | 4.150  | 06/25/2025 | 07/02/2025 | 183 | &nbsp;&nbsp; Scotts Miracle-Gro Co. 4.375% due 02/01/2032 | (83) | 183 | 183 |
|  | 4.150  | 06/23/2025 | 07/02/2025 | 0 | &nbsp;&nbsp; Embecta Corp. 5.000% due 02/15/2030 | (185) | 0 | 0 |
|  | 4.150  | 06/18/2025 | 08/01/2025 | 14 | &nbsp;&nbsp; Clarivate Science Holdings Corp. 4.875% due 07/01/2029 | (14) | 14 | 14 |
|  | 4.150  | 06/23/2025 | 08/01/2025 | 2267 | &nbsp;&nbsp; ACCO Brands Corp. 4.250% due 03/15/2029 | (216) | 2267 | 2269 |
|  |  |  |  |  | &nbsp;&nbsp; Clarivate Science Holdings Corp. 3.875% - 4.875% due 07/01/2028 - 07/01/2029 | (725) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Embecta Corp. 5.000% due 02/15/2030 | (185) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Energizer Holdings, Inc. 4.375% due 03/31/2029 | (73) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; NCL Corp. Ltd. 6.750% due 02/01/2032 | (79) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Nesco Holdings, Inc. 5.500% due 04/15/2029 | (424) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Rogers Communications, Inc. 7.000% - 7.125% due 04/15/2055 | (648) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Terex Corp. 5.000% due 05/15/2029 | (10) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Walgreens Boots Alliance, Inc. 3.450% due 06/01/2026 | (25) |  |  |
|  | 4.170  | 06/23/2025 | 08/01/2025 | 515 | &nbsp;&nbsp; Lamb Weston Holdings, Inc. 4.375% due 01/31/2032 | (523) | 515 | 516 |
|  | 4.000 | 06/25/2025 | 08/01/2025 | 1142 | &nbsp;&nbsp; CommScope LLC 4.750% due 09/012029 | (1162) | 1142 | 1143 |
| NOM | 4.150  | 06/23/2025 | 08/01/2025 | 3924 | &nbsp;&nbsp; NCL Corp. Ltd. 6.750% due 02/01/2032 | (3998) | 3924 | 3928 |
|  | 4.150  | 06/25/2025 | 08/01/2025 | 3249 | &nbsp;&nbsp; DaVita, Inc. 6.875% due 09/01/2032 | (3315) | 3249 | 3251 |
|  | 4.170  | 06/23/2025 | 08/01/2025 | 270 | &nbsp;&nbsp; NCL Corp. Ltd. 6.750% due 02/01/2032 | (79) | 270 | 270 |
|  |  |  |  |  | &nbsp;&nbsp; Nesco Holdings, Inc. 5.500% due 04/15/2029 | (197) |  |  |
| RDR | 0.700  | 06/25/2025 | 08/01/2025 | 1175 | &nbsp;&nbsp; Caesars Entertainment, Inc. 6.000% due 10/15/2032 | (1193) | 1175 | 1175 |
|  | 2.400  | 06/23/2025 | 08/01/2025 | 100 | &nbsp;&nbsp; Gray Media, Inc. 7.000% due 05/15/2027 | (101) | 100 | 100 |
|  | 2.500  | 06/18/2025 | 08/01/2025 | 2813 | &nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc. 7.500% due 06/01/2029 | (2889) | 2813 | 2816 |
|  | 2.500  | 06/23/2025 | 08/01/2025 | 217 | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.250% due 07/15/2031 | (221) | 217 | 217 |
|  | 2.750  | 06/23/2025 | 08/01/2025 | 2490 | &nbsp;&nbsp; Sally Holdings LLC 6.750% due 03/01/2032 | (2520) | 2490 | 2492 |
|  | 3.050  | 06/23/2025 | 08/01/2025 | 653 | &nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc. 7.500% due 06/01/2029 | (671) | 653 | 653 |
|  | 3.200  | 06/23/2025 | 07/02/2025 | 1018 | &nbsp;&nbsp; TreeHouse Foods, Inc. 4.000% due 09/01/2028 | (1019) | 1018 | 1019 |
|  | 3.600  | 06/23/2025 | 08/01/2025 | 2394 | &nbsp;&nbsp; Select Medical Corp. 6.250% due 12/01/2032 | (2428) | 2394 | 2396 |
|  | 3.650  | 06/23/2025 | 08/01/2025 | 184 | &nbsp;&nbsp; Whirlpool Corp. 4.600% due 05/15/2050 | (191) | 184 | 184 |
|  | 3.700  | 06/23/2025 | 08/01/2025 | 352 | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 5.625% due 04/30/2033 | (363) | 352 | 352 |
|  | 3.850  | 06/23/2025 | 08/01/2025 | 187 | &nbsp;&nbsp; Gray Media, Inc. 5.375% due 11/15/2031 | (200) | 187 | 187 |
|  | 4.000  | 06/23/2025 | 07/02/2025 | 2178 | &nbsp;&nbsp; Cimpress PLC 7.375% due 09/15/2032 | (2238) | 2178 | 2178 |
|  | 4.050  | 06/23/2025 | 08/01/2025 | 2476 | &nbsp;&nbsp; Adient Global Holdings 8.250% due 04/15/2031 | (2031) | 2476 | 2478 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  | &nbsp;&nbsp; Kennedy-Wilson, Inc. 5.000% due 03/01/2031 | (482) |  |  |
|  | 4.100  | 06/23/2025 | 07/02/2025 | 7 | &nbsp;&nbsp; Embecta Corp. 5.000% due 02/15/2030 | (7) | 7 | 7 |
|  | 4.150  | 06/18/2025 | 08/01/2025 | 1142 | &nbsp;&nbsp; Whirlpool Corp. 4.500% due 06/01/2046 | (1172) | 1142 | 1144 |
|  | 4.150  | 06/23/2025 | 08/01/2025 | 13301 | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 7.375% due 03/15/2033 | (2108) | 13301 | 13313 |
|  |  |  |  |  | &nbsp;&nbsp; AdaptHealth LLC 4.625% due 08/01/2029 | (190) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Adient Global Holdings 7.500% due 02/15/2033 | (190) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Air Canada 3.875% due 08/15/2026 | (302) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Bath & Body Works, Inc. 6.625% due 10/01/2030 | (4088) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.629% due 07/15/2032 | (240) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Chemours Co. 5.375% due 05/15/2027 | (185) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Clarivate Science Holdings Corp. 4.875% due 07/01/2029 | (141) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Dun & Bradstreet Corp. 5.000% due 12/15/2029 | (205) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Herc Holdings, Inc. 7.250% due 06/15/2033 | (211) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Kennedy-Wilson, Inc. 4.750% due 02/01/2030 | (84) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; MGM Resorts International 4.750% due 10/15/2028 | (187) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Nesco Holdings, Inc. 5.500% due 04/15/2029 | (74) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Olin Corp. 5.000% - 6.625% due 02/01/2030 - 04/01/2033 | (395) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Organon & Co. 5.125% due 04/30/2031 | (592) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sinclair Television Group, Inc. 8.125% due 02/15/2033 | (2919) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sonic Automotive, Inc. 4.625% due 11/15/2029 | (195) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Terex Corp. 5.000% due 05/15/2029 | (98) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; U.S. Cellular Corp. 6.700% due 12/15/2033 | (126) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Whirlpool Corp. 4.500% due 06/01/2046 | (929) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; XHR LP 6.625% due 05/15/2030 | (21) |  |  |
|  | 4.150  | 06/25/2025 | 08/01/2025 | 4103 | &nbsp;&nbsp; ACCO Brands Corp. 4.250% due 03/15/2029 | (204) | 4103 | 4106 |
|  |  |  |  |  | &nbsp;&nbsp; Entegris, Inc. 5.950% due 06/15/2030 | (1137) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Hudson Pacific Properties LP 3.250% due 01/15/2030 | (50) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; LGI Homes, Inc. 7.000% due 11/15/2032 | (85) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Masterbrand, Inc. 7.000% due 07/15/2032 | (1177) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Olin Corp. 6.625% due 04/01/2033 | (1163) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Organon & Co. 7.875% due 05/15/2034 | (342) |  |  |
| SAL | 4.000  | 06/23/2025 | 08/01/2025 | 2409 | &nbsp;&nbsp; Sonic Automotive, Inc. 4.625% due 11/15/2029 | (2442) | 2409 | 2411 |
|  | 4.150  | 06/18/2025 | 08/01/2025 | 2239 | &nbsp;&nbsp; Air Canada 3.875% due 08/15/2026 | (481) | 2239 | 2242 |
|  |  |  |  |  | &nbsp;&nbsp; MGM Resorts International 4.625% due 09/01/2026 | (1180) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Methanex Corp. 5.125% due 10/15/2027 | (583) |  |  |
|  | 4.150  | 06/23/2025 | 08/01/2025 | 70122 | &nbsp;&nbsp; ACCO Brands Corp. 4.250% due 03/15/2029 | (2065) | 70122 | 70187 |
|  |  |  |  |  | &nbsp;&nbsp; Acadia Healthcare Co., Inc. 5.000% - 5.500% due 07/01/2028 - 04/15/2029 | (2988) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; AdaptHealth LLC 4.625% due 08/01/2029 | (2021) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Amentum Holdings, Inc. 7.250% due 08/01/2032 | (4028) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Avient Corp. 7.125% due 08/01/2030 | (2124) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.850% - 7.050% due 11/15/2028 - 11/15/2030 | (2866) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Cinemark USA, Inc. 7.000% due 08/01/2032 | (2136) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc. 5.125% due 08/15/2027 | (1009) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC 8.875% due 09/01/2031 | (1104) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Darling Ingredients, Inc. 6.000% due 06/15/2030 | (4067) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Goodyear Tire & Rubber Co. 4.875% due 03/15/2027 | (2828) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Herc Holdings, Inc. 5.500% - 6.625% due 07/15/2027 - 06/15/2029 | (7503) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Life Time, Inc. 6.000% due 11/15/2031 | (1024) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; MGM Resorts International 4.750% due 10/15/2028 | (999) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Nesco Holdings, Inc. 5.500% due 04/15/2029 | (3552) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Olin Corp. 5.000% - 6.625% due 02/01/2030 - 04/01/2033 | (3177) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Organon & Co. 5.125% due 04/30/2031 | (3948) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Perrigo Finance Unlimited Co. 4.900% due 06/15/2030 | (2169) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Prime Security Services Borrower LLC 6.250% due 01/15/2028 | (548) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Resideo Funding, Inc. 6.500% due 07/15/2032 | (2428) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Rogers Communications, Inc. 5.250% - 7.000% due 04/15/2055 - 03/15/2082 | (4677) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Service Properties Trust 8.625% due 11/15/2031 | (2279) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Sirius XM Radio LLC 3.125% - 5.000% due 09/01/2026 - 08/01/2027 | (3198) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Six Flags Entertainment Corp. 5.250% due 07/15/2029 | (1105) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; Terex Corp. 6.250% due 10/15/2032 | (2845) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; WESCO Distribution, Inc. 6.375% - 6.625% due 03/15/2032 - 03/15/2033 | (4236) |  |  |
|  | 4.150  | 06/25/2025 | 08/01/2025 | 2271 | &nbsp;&nbsp; Bombardier, Inc. 6.750% due 06/15/2033 | (1142) | 2271 | 2273 |
|  |  |  |  |  | &nbsp;&nbsp; CoreCivic, Inc. 8.250% due 04/15/2029 | (1147) |  |  |
|  | 4.180  | 06/23/2025 | 08/01/2025 | 8294 | &nbsp;&nbsp; Caesars Entertainment, Inc. 4.625% due 10/15/2029 | (4246) | 8294 | 8302 |
|  |  |  |  |  | &nbsp;&nbsp; Celanese U.S. Holdings LLC 6.629% due 07/15/2032 | (3131) |  |  |
|  |  |  |  |  | &nbsp;&nbsp; CommScope Technologies LLC 5.000% due 03/15/2027 | (1089) |  |  |
|  | 4.410  | 06/30/2025 | 07/01/2025 | 24500 | &nbsp;&nbsp; U.S. Treasury Bills 0.000% due 10/07/2025 | (25000) | 24500 | 24503 |
|  | 4.410  | 07/01/2025 | 07/02/2025 | 100 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% due 05/31/2027 | (102) | 100 | 100 |
|  | 4.470  | 07/01/2025 | 07/02/2025 | 126800 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 01/31/2027 | (129419) | 126800 | 126800 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | $**(587365)** | $**575277** | $**575586** |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** |
| Counterparty | Borrowing Rate<sup>(3)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Maturity Date |  | Amount<br>Borrowed<sup>(3)</sup> | Amount<br>Borrowed<sup>(3)</sup> |  | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| MYI | 4.100%  | 12/20/2024 | 12/20/2024 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | $ | (7088) | (7088) | $ | (7244) | (7244) |
| **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  | **$** | **(7244)** | **(7244)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Coupon | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% | Corporate Bonds & Notes (8.3)% |
| &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Banking & Finance (0.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cushman & Wakefield U.S. Borrower LLC  | 8.875% | 8.875% | 09/01/2031 | $ | $1170 | 1170 | $(1252) | (1252) | (1252) | $(1292) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hudson Pacific Properties LP  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hudson Pacific Properties LP  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hudson Pacific Properties LP  | 3.250 | 3.250 | 01/15/2030 |  | 60 | 60 | (49) | (49) | (49) | (50) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kennedy-Wilson, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kennedy-Wilson, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kennedy-Wilson, Inc.  | 4.750 | 4.750 | 02/01/2030 |  | 3140 | 3140 | (2843) | (2843) | (2843) | (2928) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kennedy-Wilson, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kennedy-Wilson, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kennedy-Wilson, Inc.  | 5.000 | 5.000 | 03/01/2031 |  | 3225 | 3225 | (2862) | (2862) | (2862) | (2963) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | 3.950 | 3.950 | 01/15/2028 |  | 2032 | 2032 | (1822) | (1822) | (1822) | (1916) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | 4.375 | 4.375 | 02/15/2030 |  | 2275 | 2275 | (1824) | (1824) | (1824) | (1953) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | 4.950 | 4.950 | 10/01/2029 |  | 2400 | 2400 | (2001) | (2001) | (2001) | (2126) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service Properties Trust  | 8.625 | 8.625 | 11/15/2031 |  | 2575 | 2575 | (2741) | (2741) | (2741) | (2795) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; XHR LP  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; XHR LP  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; XHR LP  | 6.625 | 6.625 | 05/15/2030 |  | 20 | 20 | (19) | (19) | (19) | (21) |
| Total Banking & Finance | Total Banking & Finance | Total Banking & Finance | Total Banking & Finance | Total Banking & Finance |  |  |  |  | (15413) | (15413) | (15413) | (16044) |
| &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% | &nbsp;&nbsp;&nbsp;&nbsp; Industrials (7.7)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | 5.000% | 5.000% | 04/15/2029 |  | 2260 | 2260 | (2177) | (2177) | (2177) | (2218) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | 5.500 | 5.500 | 07/01/2028 |  | 1290 | 1290 | (1278) | (1278) | (1278) | (1318) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acadia Healthcare Co., Inc.  | 7.375 | 7.375 | 03/15/2033 |  | 2370 | 2370 | (2425) | (2425) | (2425) | (2499) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ACCO Brands Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ACCO Brands Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ACCO Brands Corp.  | 4.250 | 4.250 | 03/15/2029 |  | 2967 | 2967 | (2648) | (2648) | (2648) | (2664) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AdaptHealth LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AdaptHealth LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; AdaptHealth LLC  | 4.625 | 4.625 | 08/01/2029 |  | 2495 | 2495 | (2323) | (2323) | (2323) | (2402) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  | 7.500 | 7.500 | 02/15/2033 |  | 3825 | 3825 | (3806) | (3806) | (3806) | (4033) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adient Global Holdings Ltd.  | 8.250 | 8.250 | 04/15/2031 |  | 2275 | 2275 | (2345) | (2345) | (2345) | (2432) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Canada  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Canada  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Canada  | 3.875 | 3.875 | 08/15/2026 |  | 828 | 828 | (818) | (818) | (818) | (832) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amentum Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amentum Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amentum Holdings, Inc.  | 7.250 | 7.250 | 08/01/2032 |  | 4542 | 4542 | (4642) | (4642) | (4642) | (4815) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Airlines, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Airlines, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Airlines, Inc.  | 8.500 | 8.500 | 05/15/2029 |  | 20 | 20 | (21) | (21) | (21) | (21) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Axle & Manufacturing, Inc.  | 5.000 | 5.000 | 10/01/2029 |  | 3225 | 3225 | (2930) | (2930) | (2930) | (2994) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arko Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arko Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arko Corp.  | 5.125 | 5.125 | 11/15/2029 |  | 2275 | 2275 | (1975) | (1975) | (1975) | (1938) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avient Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avient Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Avient Corp.  | 7.125 | 7.125 | 08/01/2030 |  | 2375 | 2375 | (2449) | (2449) | (2449) | (2522) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ball Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ball Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ball Corp.  | 6.875 | 6.875 | 03/15/2028 |  | 8 | 8 | (8) | (8) | (8) | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bath & Body Works, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bath & Body Works, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bath & Body Works, Inc.  | 6.625 | 6.625 | 10/01/2030 |  | 4650 | 4650 | (4770) | (4770) | (4770) | (4874) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | 6.000 | 6.000 | 02/15/2028 |  | 10 | 10 | (10) | (10) | (10) | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | 6.750 | 6.750 | 06/15/2033 |  | 1094 | 1094 | (1127) | (1127) | (1127) | (1142) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bombardier, Inc.  | 8.750 | 8.750 | 11/15/2030 |  | 1040 | 1040 | (1124) | (1124) | (1124) | (1139) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.  | 4.625 | 4.625 | 10/15/2029 |  | 5275 | 5275 | (4950) | (4950) | (4950) | (5090) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc.  | 6.000 | 6.000 | 10/15/2032 |  | 1200 | 1200 | (1157) | (1157) | (1157) | (1193) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | 6.580 | 6.580 | 07/15/2029 |  | 1771 | 1771 | (1841) | (1841) | (1841) | (1901) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | 6.629 | 6.629 | 07/15/2032 |  | 3462 | 3462 | (3574) | (3574) | (3574) | (3738) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | 6.850 | 6.850 | 11/15/2028 |  | 950 | 950 | (993) | (993) | (993) | (1007) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Celanese U.S. Holdings LLC  | 7.050 | 7.050 | 11/15/2030 |  | 2236 | 2236 | (2343) | (2343) | (2343) | (2375) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemours Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemours Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemours Co.  | 5.375 | 5.375 | 05/15/2027 |  | 2268 | 2268 | (2233) | (2233) | (2233) | (2265) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cimpress PLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cimpress PLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cimpress PLC  | 7.375 | 7.375 | 09/15/2032 |  | 2515 | 2515 | (2372) | (2372) | (2372) | (2458) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cinemark USA, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cinemark USA, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cinemark USA, Inc.  | 5.250 | 5.250 | 07/15/2028 |  | 14 | 14 | (14) | (14) | (14) | (14) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cinemark USA, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cinemark USA, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cinemark USA, Inc.  | 7.000 | 7.000 | 08/01/2032 |  | 2375 | 2375 | (2449) | (2449) | (2449) | (2537) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.  | 3.875 | 3.875 | 07/01/2028 |  | 1292 | 1292 | (1237) | (1237) | (1237) | (1240) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clarivate Science Holdings Corp.  | 4.875 | 4.875 | 07/01/2029 |  | 4440 | 4440 | (4167) | (4167) | (4167) | (4186) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.  | 5.125 | 5.125 | 08/15/2027 |  | 1200 | 1200 | (1184) | (1184) | (1184) | (1210) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clear Channel Outdoor Holdings, Inc.  | 7.500 | 7.500 | 06/01/2029 |  | 3820 | 3820 | (3465) | (3465) | (3465) | (3560) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CommScope LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CommScope LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CommScope LLC  | 4.750 | 4.750 | 09/01/2029 |  | 3669 | 3669 | (3534) | (3534) | (3534) | (3645) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CommScope Technologies LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CommScope Technologies LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CommScope Technologies LLC  | 5.000 | 5.000 | 03/15/2027 |  | 1297 | 1297 | (1244) | (1244) | (1244) | (1283) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CoreCivic, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CoreCivic, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CoreCivic, Inc.  | 8.250 | 8.250 | 04/15/2029 |  | 1064 | 1064 | (1125) | (1125) | (1125) | (1147) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Darling Ingredients, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Darling Ingredients, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Darling Ingredients, Inc.  | 6.000 | 6.000 | 06/15/2030 |  | 4775 | 4775 | (4808) | (4808) | (4808) | (4855) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DaVita, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DaVita, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DaVita, Inc.  | 6.875 | 6.875 | 09/01/2032 |  | 3277 | 3277 | (3352) | (3352) | (3352) | (3473) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dun & Bradstreet Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dun & Bradstreet Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dun & Bradstreet Corp.  | 5.000 | 5.000 | 12/15/2029 |  | 200 | 200 | (195) | (195) | (195) | (205) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elanco Animal Health, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elanco Animal Health, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Elanco Animal Health, Inc.  | 6.650 | 6.650 | 08/28/2028 |  | 1180 | 1180 | (1211) | (1211) | (1211) | (1257) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Embecta Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Embecta Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Embecta Corp.  | 5.000 | 5.000 | 02/15/2030 |  | 1208 | 1208 | (1094) | (1094) | (1094) | (1116) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energizer Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energizer Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energizer Holdings, Inc.  | 4.375 | 4.375 | 03/31/2029 |  | 476 | 476 | (449) | (449) | (449) | (456) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entegris, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entegris, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Entegris, Inc.  | 5.950 | 5.950 | 06/15/2030 |  | 1116 | 1116 | (1129) | (1129) | (1129) | (1138) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Excelerate Energy LP  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Excelerate Energy LP  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Excelerate Energy LP  | 8.000 | 8.000 | 05/15/2030 |  | 1070 | 1070 | (1122) | (1122) | (1122) | (1142) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | 4.875 | 4.875 | 03/15/2027 |  | 3375 | 3375 | (3353) | (3353) | (3353) | (3409) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | 5.000 | 5.000 | 07/15/2029 |  | 2975 | 2975 | (2866) | (2866) | (2866) | (2979) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | 5.250 | 5.250 | 07/15/2031 |  | 1325 | 1325 | (1251) | (1251) | (1251) | (1303) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodyear Tire & Rubber Co.  | 5.625 | 5.625 | 04/30/2033 |  | 2275 | 2275 | (2137) | (2137) | (2137) | (2201) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Graphic Packaging International LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Graphic Packaging International LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Graphic Packaging International LLC  | 6.375 | 6.375 | 07/15/2032 |  | 10 | 10 | (10) | (10) | (10) | (11) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gray Media, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gray Media, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gray Media, Inc.  | 5.375 | 5.375 | 11/15/2031 |  | 1664 | 1664 | (1171) | (1171) | (1171) | (1261) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gray Media, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gray Media, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gray Media, Inc.  | 7.000 | 7.000 | 05/15/2027 |  | 123 | 123 | (122) | (122) | (122) | (124) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | 5.500 | 5.500 | 07/15/2027 |  | 5000 | 5000 | (4989) | (4989) | (4989) | (5131) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | 6.625 | 6.625 | 06/15/2029 |  | 3675 | 3675 | (3738) | (3738) | (3738) | (3785) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | 7.250 | 7.250 |  |  | 47 | 47 | (48) | (48) | (48) | (50) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Herc Holdings, Inc.  | 7.250 | 7.250 | 06/15/2033 |  | 200 | 200 | (207) | (207) | (207) | (211) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hillenbrand, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hillenbrand, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hillenbrand, Inc.  | 6.250 | 6.250 | 02/15/2029 |  | 2300 | 2300 | (2331) | (2331) | (2331) | (2401) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hilton Grand Vacations Borrower LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hilton Grand Vacations Borrower LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hilton Grand Vacations Borrower LLC  | 5.000 | 5.000 | 06/01/2029 |  | 19 | 19 | (18) | (18) | (18) | (18) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ingevity Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ingevity Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ingevity Corp.  | 3.875 | 3.875 | 11/01/2028 |  | 20 | 20 | (19) | (19) | (19) | (19) |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc.  | 4.375 | 01/31/2032 |  | 725 | (672) | (672) | (695) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LGI Homes, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; LGI Homes, Inc.  | 7.000 | 11/15/2032 |  | 282 | (269) | (269) | (271) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Time, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Life Time, Inc.  | 6.000 | 11/15/2031 |  | 1200 | (1207) | (1207) | (1229) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lithia Motors, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lithia Motors, Inc.  | 4.375 | 01/15/2031 |  | 15 | (14) | (14) | (15) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Masterbrand, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Masterbrand, Inc.  | 7.000 | 07/15/2032 |  | 1116 | (1134) | (1134) | (1177) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Methanex Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Methanex Corp.  | 5.125 | 10/15/2027 |  | 578 | (575) | (575) | (583) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MGM Resorts International  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MGM Resorts International  | 4.625 | 09/01/2026 |  | 1647 | (1644) | (1644) | (1671) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MGM Resorts International  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MGM Resorts International  | 4.750 | 10/15/2028 |  | 1187 | (1169) | (1169) | (1185) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MGM Resorts International  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MGM Resorts International  | 6.500 | 04/15/2032 |  | 990 | (997) | (997) | (1020) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NCL Corp. Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NCL Corp. Ltd.  | 6.750 | 02/01/2032 |  | 4526 | (4601) | (4601) | (4762) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NCL Corp. Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NCL Corp. Ltd.  | 8.125 | 01/15/2029 |  | 20 | (21) | (21) | (22) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NESCO Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NESCO Holdings, Inc.  | 5.500 | 04/15/2029 |  | 4305 | (4082) | (4082) | (4247) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Olin Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Olin Corp.  | 5.000 | 02/01/2030 |  | 2500 | (2394) | (2394) | (2466) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Olin Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Olin Corp.  | 6.625 | 04/01/2033 |  | 2447 | (2382) | (2382) | (2460) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Open Text Holdings, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Open Text Holdings, Inc.  | 4.125 | 12/01/2031 |  | 25 | (22) | (22) | (23) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Organon & Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Organon & Co.  | 5.125 | 04/30/2031 |  | 5375 | (4690) | (4690) | (4716) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Organon & Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Organon & Co.  | 7.875 | 05/15/2034 |  | 2549 | (2309) | (2309) | (2331) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Owens-Brockway Glass Container, Inc.  | 7.250 | 05/15/2031 |  | 3125 | (3148) | (3148) | (3235) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Papa John's International, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Papa John's International, Inc.  | 3.875 | 09/15/2029 |  | 1900 | (1786) | (1786) | (1876) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited Co.  | 4.900 | 06/15/2030 |  | 2600 | (2511) | (2511) | (2564) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Perrigo Finance Unlimited Co.  | 6.125 | 09/30/2032 |  | 3250 | (3240) | (3240) | (3334) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Phinia, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Phinia, Inc.  | 6.625 | 10/15/2032 |  | 16 | (16) | (16) | (16) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC  | 6.250 | 01/15/2028 |  | 881 | (883) | (883) | (909) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Resideo Funding, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Resideo Funding, Inc.  | 6.500 | 07/15/2032 |  | 2775 | (2816) | (2816) | (2930) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc.  | 5.250 | 03/15/2082 |  | 1552 | (1525) | (1525) | (1565) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc.  | 7.000 | 04/15/2055 |  | 3845 | (3882) | (3882) | (4044) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rogers Communications, Inc.  | 7.125 | 04/15/2055 |  | 3475 | (3469) | (3469) | (3620) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sally Holdings LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sally Holdings LLC  | 6.750 | 03/01/2032 |  | 2875 | (2931) | (2931) | (3019) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scotts Miracle-Gro Co.  | 4.375 | 02/01/2032 |  | 89 | (81) | (81) | (83) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Select Medical Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Select Medical Corp.  | 6.250 | 12/01/2032 |  | 2400 | (2384) | (2384) | (2428) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sensata Technologies BV  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sensata Technologies BV  | 5.875 | 09/01/2030 |  | 653 | (651) | (651) | (667) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sinclair Television Group, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sinclair Television Group, Inc.  | 8.125 | 02/15/2033 |  | 3324 | (3335) | (3335) | (3465) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sirius XM Radio LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sirius XM Radio LLC  | 3.125 | 09/01/2026 |  | 2500 | (2451) | (2451) | (2481) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sirius XM Radio LLC  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sirius XM Radio LLC  | 5.000 | 08/01/2027 |  | 1290 | (1278) | (1278) | (1307) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp.  | 5.250 | 07/15/2029 |  | 1288 | (1251) | (1251) | (1293) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Six Flags Entertainment Corp.  | 7.250 | 05/15/2031 |  | 3355 | (3424) | (3424) | (3481) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.  | 4.625 | 11/15/2029 |  | 3000 | (2867) | (2867) | (2931) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sonic Automotive, Inc.  | 4.875 | 11/15/2031 |  | 2625 | (2451) | (2451) | (2513) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taseko Mines Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Taseko Mines Ltd.  | 8.250 | 05/01/2030 |  | 1075 | (1125) | (1125) | (1142) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tenet Healthcare Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tenet Healthcare Corp.  | 6.125 | 10/01/2028 |  | 4800 | (4794) | (4794) | (4883) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Terex Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Terex Corp.  | 5.000 | 05/15/2029 |  | 110 | (107) | (107) | (108) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Terex Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Terex Corp.  | 6.250 | 10/15/2032 |  | 3375 | (3359) | (3359) | (3429) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TreeHouse Foods, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TreeHouse Foods, Inc.  | 4.000 | 09/01/2028 |  | 1377 | (1271) | (1271) | (1275) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tronox, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tronox, Inc.  | 4.625 | 03/15/2029 |  | 1804 | (1561) | (1561) | (1583) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Natural Foods, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United Natural Foods, Inc.  | 6.750 | 10/15/2028 |  | 2875 | (2826) | (2826) | (2881) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Victoria's Secret & Co.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Victoria's Secret & Co.  | 4.625 | 07/15/2029 |  | 848 | (789) | (789) | (810) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Walgreens Boots Alliance, Inc.  | 3.450 | 06/01/2026 |  | 25 | (24) | (24) | (25) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.  | 6.375 | 03/15/2033 |  | 825 | (843) | (843) | (870) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.  | 6.625 | 03/15/2032 |  | 3950 | (4062) | (4062) | (4187) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Whirlpool Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Whirlpool Corp.  | 4.500 | 06/01/2046 |  | 2944 | (2203) | (2203) | (2278) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Whirlpool Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Whirlpool Corp.  | 4.600 | 05/15/2050 |  | 1898 | (1408) | (1408) | (1458) |
|  | Total Industrials | Total Industrials |  |  |  | (209312) | (209312) | (214818) |
| &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% | &nbsp;&nbsp;&nbsp;&nbsp; Utilities 0.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Cellular Corp.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Cellular Corp.  | 6.700% | 12/15/2033 |  | 369 | (396) | (396) | (390) |
|  | Total Corporate Bonds & Notes | Total Corporate Bonds & Notes |  |  |  | (225121) | (225121) | (231252) |
| U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 07/01/2055 |  | 45000 | (35483) | (35483) | (35633) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2055 |  | 100000 | (78668) | (78668) | (79217) |
|  | Total U.S. Government Agencies | Total U.S. Government Agencies |  |  |  | (114151) | (114151) | (114850) |
| **Total Short Sales (12.4)%** | **Total Short Sales (12.4)%** |  |  |  |  | $**(339272)** | **(339272)** | $**(346102)** |
| **(m)** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $7,932 and cash of $899 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. |
| <sup>(3)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7088) at a weighted average interest rate of 4.100%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(4)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> | **FUTURE STYLED COMMODITY OPTIONS**<sup>(1)</sup> |
| Description | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Cost | Cost |  | Market<br>Value |
| Call - CBOE California Carbon Allowances December 2025 Futures  | 12/15/2026 | 12/15/2026 | 276 | $276 | 450 | 450 | $ | 315 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**450** | **450** | **$** | **315** |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 34 | 34 | 34 | (7) | $ | (7) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 34 | 34 | 34 | (9) |  | (10) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 12 | 12 | 12 | (3) |  | (2) |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 12 | 12 | 12 | (2) |  | (2) |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (3) |  | (3) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (4) |  | (1) |
|  |  |  |  |  |  |  |  |  |  | $ | (28) | $ | (25) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 46 | 46 | (15) | $ | (1) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 86 | 86 | (37) |  | (3) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 38 | 38 | (12) |  | (2) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 17 | 17 | (4) |  | (2) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 124 | 124 | (48) |  | (66) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 17 | 17 | (5) |  | (7) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 46 | 46 | (16) |  | (35) |
|  |  |  |  |  |  |  |  |  |  | $ | (137) | $ | (116) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(165)** | **$** | **(141)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2026 | 316 | 316 | 76101 | 76101 | 76101 |  | $(237) | (237) | 16 | 16 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2025 | 316 | 316 | 75575 | 75575 | 75575 |  | (510) | (510) | 0 | 0 | (6) |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2026 | 316 | 316 | 76488 | 76488 | 76488 |  | 59 | 59 | 28 | 28 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 316 | 316 | 76314 | 76314 | 76314 |  | (83) | (83) | 24 | 24 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2025 | 316 | 316 | 75832 | 75832 | 75832 |  | (411) | (411) | 4 | 4 | 0 |
| California Carbon Allowance December Futures  | California Carbon Allowance December Futures  | 12/2025 | 1389 | 1389 | 39434 | 39434 | 39434 |  | (1892) | (1892) | 430 | 430 | 0 |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 09/2025 | 215 | 215 | 19262 | 19262 | 19262 |  | 167 | 167 | 43 | 43 | 0 |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 1643 | 1643 | 341783 | 341783 | 341783 |  | 1250 | 1250 | 90 | 90 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 7706 | 7706 | 839954 | 839954 | 839954 |  | 7600 | 7600 | 1023 | 1023 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 242 | 242 | 30903 | 30903 | 30903 |  | 702 | 702 | 33 | 33 | (106) |
|  |  |  |  |  |  |  |  |  | 6645 | $ | 1691 | 1691 | (112) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 185 | 185 | (25645) | (25645) | (25645) |  | $101 | 101 | 55 | 55 | (17) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 340 | 340 | (52125) | (52125) | (52125) |  | 372 | 372 | 148 | 148 | (12) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 387 | 387 | (48892) | (48892) | (48892) |  | 75 | 75 | 43 | 43 | (14) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 142 | 142 | (137084) | (137084) | (137084) |  | (407) | (407) | 187 | 187 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 984 | 984 | (110331) | (110331) | (110331) |  | (1765) | (1765) | 0 | 0 | (308) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 3780 | 3780 | (431924) | (431924) | (431924) |  | (8914) | (8914) | 0 | 0 | (1831) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 735 | 735 | (84870) | (84870) | (84870) |  | (3004) | (3004) | 0 | 0 | (735) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 296 | 296 | (35261) | (35261) | (35261) |  | (1198) | (1198) | 0 | 0 | (398) |
|  |  |  |  |  |  |  |  |  | (14740) | $ | 433 | 433 | (3315) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** |  | **(8095)** | **$** | **2124** | **2124** | **(3427)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| Boeing Co.  | 12/20/2026 | 0.367 | $7000 | 7000 | $86 | 86 | 86 | $ | (20) | 66 | $0 | 0 | $(1) |
| Boeing Co.  | 06/20/2027 | 0.402 | 400 | 400 | 5 | 5 | 5 |  | (1) | 4 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| General Motors Co.  | General Motors Co.  | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 12/20/2026 | 0.490 | 0.490 |  | 630 | 67 |  | (25) |  | 42 | 0 |  | 0 |
| Goldman Sachs Group, Inc.  | Goldman Sachs Group, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.321 | 0.321 |  | 700 | 5 |  | 0 |  | 5 | 0 |  | 0 |
| Morgan Stanley  | Morgan Stanley  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.290 | 0.290 |  | 3650 | 23 |  | 3 |  | 26 | 0 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 186 | 186 | (43) | (43) | 143 | 0 | 0 | (1) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Asset |  | Liability |
| CDX.EM-35 5-Year Index  | CDX.EM-35 5-Year Index  | CDX.EM-35 5-Year Index  | 1.000% | 1.000% | 1.000% | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 92 | 92 | (1) | $ | 1 | $ | 0 | 0 | $ | 0 |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 162638 | 162638 | 11082 |  | 1401 |  | 12483 | 572 |  | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 3100 | 3100 | 47 |  | 23 |  | 70 | 2 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11128 | $ | 1425 | $ | 12553 | 574 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | 3.500% | Annual | Annual | Annual | 03/19/2030 | 277400 | 277400 | $(9208) | (9208) | $5759 | 5759 | (3449) | $0 | 0 | $(15) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.700 | 3.700 | 3.700 | Annual | Annual | Annual | 03/28/2034 | 1300 | 1300 | (6) | (6) | 37 | 37 | 31 | 0 | 0 | 0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.930 | 3.930 | 3.930 | Annual | Annual | Annual | 01/06/2035 | 600 | 600 | (2) | (2) | (3) | (3) | (5) | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.100 | 4.100 | 4.100 | Annual | Annual | Annual | 02/10/2026 | $275600 | 275600 | 320 | 320 | 44 | 44 | 364 | 5 | 5 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | 1.750 | 1.750 | Semi-Annual | Semi-Annual | Semi-Annual | 12/21/2026 | 239700 | 239700 | 19924 | 19924 | (12359) | (12359) | 7565 | 0 | 0 | (41) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.500 | 1.500 | 1.500 | Semi-Annual | Semi-Annual | Semi-Annual | 06/21/2027 | 31800 | 31800 | 3206 | 3206 | (1816) | (1816) | 1390 | 0 | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.250 | 2.250 | 2.250 | Semi-Annual | Semi-Annual | Semi-Annual | 06/20/2028 | 200 | 200 | 18 | 18 | (10) | (10) | 8 | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | Annual | 12/18/2029 | 77130 | 77130 | 162 | 162 | (980) | (980) | (818) | 0 | 0 | (110) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | 3.842 | 3.842 | Annual | Annual | Annual | 03/04/2030 | 1600 | 1600 | (3) | (3) | (24) | (24) | (27) | 0 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.545 | 3.545 | 3.545 | Annual | Annual | Annual | 10/31/2030 | 5500 | 5500 | 0 | 0 | 6 | 6 | 6 | 0 | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.601 | 3.601 | 3.601 | Annual | Annual | Annual | 10/31/2030 | 35690 | 35690 | 0 | 0 | (72) | (72) | (72) | 0 | 0 | (66) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.623 | 3.623 | 3.623 | Annual | Annual | Annual | 10/31/2030 | 11000 | 11000 | 0 | 0 | (36) | (36) | (36) | 0 | 0 | (20) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.664 | 3.664 | 3.664 | Annual | Annual | Annual | 10/31/2030 | 7300 | 7300 | 0 | 0 | (40) | (40) | (40) | 0 | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.677 | 3.677 | 3.677 | Annual | Annual | Annual | 10/31/2030 | 6000 | 6000 | 0 | 0 | (37) | (37) | (37) | 0 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.689 | 3.689 | 3.689 | Annual | Annual | Annual | 10/31/2030 | 24600 | 24600 | 0 | 0 | (170) | (170) | (170) | 0 | 0 | (46) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.691 | 3.691 | 3.691 | Annual | Annual | Annual | 10/31/2030 | 11600 | 11600 | 0 | 0 | (81) | (81) | (81) | 0 | 0 | (21) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.727 | 3.727 | 3.727 | Annual | Annual | Annual | 10/31/2030 | 24100 | 24100 | 0 | 0 | (216) | (216) | (216) | 0 | 0 | (45) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.732 | 3.732 | 3.732 | Annual | Annual | Annual | 10/31/2030 | 22200 | 22200 | 0 | 0 | (205) | (205) | (205) | 0 | 0 | (41) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.735 | 3.735 | 3.735 | Annual | Annual | Annual | 10/31/2030 | 15800 | 15800 | 0 | 0 | (149) | (149) | (149) | 0 | 0 | (29) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.739 | 3.739 | 3.739 | Annual | Annual | Annual | 10/31/2030 | 3700 | 3700 | 0 | 0 | (36) | (36) | (36) | 0 | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 0.750 | 0.750 | 0.750 | Semi-Annual | Semi-Annual | Semi-Annual | 03/30/2031 | 25770 | 25770 | 5832 | 5832 | (1587) | (1587) | 4245 | 0 | 0 | (44) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | Annual | 12/18/2031 | 42200 | 42200 | (44) | (44) | (401) | (401) | (445) | 0 | 0 | (100) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | Annual | 05/15/2032 | 126000 | 126000 | 10 | 10 | (1937) | (1937) | (1927) | 0 | 0 | (326) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | Annual | 12/18/2034 | 22780 | 22780 | (36) | (36) | (31) | (31) | (67) | 0 | 0 | (88) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.000 | 4.000 | 4.000 | Annual | Annual | Annual | 02/26/2035 | 100 | 100 | 0 | 0 | (3) | (3) | (3) | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.890 | 3.890 | 3.890 | Annual | Annual | Annual | 03/03/2035 | 1500 | 1500 | (6) | (6) | (19) | (19) | (25) | 0 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.908 | 3.908 | 3.908 | Annual | Annual | Annual | 03/04/2035 | 2900 | 2900 | (10) | (10) | (42) | (42) | (52) | 0 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.870 | 3.870 | 3.870 | Annual | Annual | Annual | 03/05/2035 | 1200 | 1200 | (4) | (4) | (14) | (14) | (18) | 0 | 0 | (5) |

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<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | 03/05/2035 |  | 2500 | (9) | (28) | (37) | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.899 | Annual | 03/11/2035 |  | 1700 | (6) | (23) | (29) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 |  | 2800 | (8) | (42) | (50) | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 |  | 3000 | (9) | (62) | (71) | 0 | (12) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 |  | 2800 | (8) | (37) | (45) | 0 | (11) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.800 | Annual | 07/14/2044 |  | 2970 | 0 | 101 | 101 | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 12/21/2052 |  | 51300 | 18802 | 876 | 19678 | 0 | (282) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.999 | Annual | 07/03/2053 |  | 18000 | 5890 | 525 | 6415 | 0 | (106) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.842 | Annual | 09/19/2053 |  | 13900 | 4933 | 318 | 5251 | 0 | (80) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.874 | Annual | 09/19/2053 |  | 13200 | 4591 | 343 | 4934 | 0 | (75) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.060 | Semi-Annual | 10/27/2053 |  | 21110 | 7708 | 129 | 7837 | 0 | (118) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 18800 | 553 | 857 | 1410 | 0 | (148) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2055 |  | 37100 | 5249 | (849) | 4400 | 0 | (288) |
| Pay | 1-Year BRL-CDI | 10.768 | Maturity | 01/04/2027 | BRL | 682100 | 0 | (6032) | (6032) | 137 | 0 |
| Pay | 1-Year BRL-CDI | 11.496 | Maturity | 01/04/2027 |  | 74400 | 0 | (464) | (464) | 15 | 0 |
| Pay | 1-Year BRL-CDI | 11.566 | Maturity | 01/04/2027 |  | 376200 | 0 | (2255) | (2255) | 75 | 0 |
| Receive | 1-Year BRL-CDI | 11.691 | Maturity | 01/04/2027 |  | 740800 | 0 | 4145 | 4145 | 0 | (149) |
| Pay | 1-Year BRL-CDI | 13.927 | Maturity | 01/04/2027 |  | 139300 | 2 | (75) | (73) | 14 | 0 |
| Pay | 1-Year BRL-CDI | 14.009 | Maturity | 01/04/2027 |  | 41300 | 0 | (10) | (10) | 8 | 0 |
| Receive | 1-Year BRL-CDI | 14.028 | Maturity | 01/04/2027 |  | 303800 | 0 | 51 | 51 | 0 | (61) |
| Pay | 1-Year BRL-CDI | 13.175 | Maturity | 01/02/2029 |  | 282600 | 0 | 204 | 204 | 256 | 0 |
| Pay | 1-Year BRL-CDI | 13.291 | Maturity | 01/02/2029 |  | 168000 | (2) | 260 | 258 | 246 | 0 |
| Pay | 1-Year BRL-CDI | 13.354 | Maturity | 01/02/2029 |  | 1389400 | 308 | 1403 | 1711 | 1258 | 0 |
| Receive | 1-Year BRL-CDI | 13.545 | Maturity | 01/02/2029 |  | 460600 | 0 | (927) | (927) | 0 | (415) |
| Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 | AUD | 53700 | 594 | 681 | 1275 | 0 | (100) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.500 | Quarterly | 04/28/2028 | COP | 90703800 | 6 | (54) | (48) | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.750 | Quarterly | 09/18/2030 |  | 57240300 | 0 | (22) | (22) | 6 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.300 | Annual | 09/25/2029 | EUR | 800 | (1) | (13) | (14) | 1 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.400 | Annual | 04/09/2030 |  | 2100 | (4) | (13) | (17) | 2 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.770 | Annual | 04/29/2034 |  | 3600 | (10) | 94 | 84 | 0 | (7) |
| Receive | 3-Month EUR-EURIBOR | 2.510 | Annual | 04/09/2035 |  | 1100 | (4) | 13 | 9 | 2 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.520 | Annual | 04/09/2035 |  | 1300 | (5) | 14 | 9 | 3 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.550 | Annual | 04/16/2035 |  | 1100 | (4) | 8 | 4 | 2 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.530 | Annual | 04/23/2035 |  | 1800 | (7) | 17 | 10 | 4 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.450 | Annual | 05/05/2035 |  | 1000 | (3) | 17 | 14 | 2 | 0 |
| Receive<sup>(6)</sup> | 3-Month EUR-EURIBOR | 2.576 | Annual | 07/09/2035 |  | 56800 | 0 | 145 | 145 | 134 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 09/18/2034 | AUD | 203820 | 1513 | 3618 | 5131 | 0 | (296) |
| Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 05/11/2027 | EUR | 8500 | (766) | 500 | (266) | 0 | (3) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/18/2027 |  | 5000 | (391) | 274 | (117) | 0 | (2) |
| Receive | 6-Month EUR-EURIBOR | 2.360 | Annual | 10/07/2029 |  | 510 | (1) | (10) | (11) | 1 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.280 | Annual | 03/04/2030 |  | 1200 | (2) | 0 | (2) | 1 | 0 |
| Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 19500 | (282) | 248 | (34) | 0 | (21) |
| Pay | 6-Month EUR-EURIBOR | 2.760 | Annual | 03/04/2034 |  | 2100 | (7) | 55 | 48 | 0 | (4) |
| Pay | 6-Month EUR-EURIBOR | 2.410 | Annual | 11/05/2034 |  | 40 | 0 | 0 | 0 | 0 | 0 |
| Pay | 6-Month EUR-EURIBOR | 2.220 | Annual | 01/08/2035 |  | 1300 | (3) | (46) | (49) | 0 | (3) |
| Receive | 6-Month EUR-EURIBOR | 2.400 | Annual | 02/12/2035 |  | 1300 | (4) | 29 | 25 | 3 | 0 |
| Pay | 6-Month EUR-EURIBOR | 2.420 | Annual | 03/07/2035 |  | 700 | (2) | (10) | (12) | 0 | (1) |
| Pay | 6-Month EUR-EURIBOR | 2.460 | Annual | 03/13/2035 |  | 1100 | (3) | (11) | (14) | 0 | (2) |

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<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.610 | Annual | Annual | 03/24/2035 |  | 800 |  | (2) |  | 4 |  | 2 |  | 0 | 0 |  | (2) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.520 | Annual | Annual | 03/27/2035 |  | 1000 |  | (3) |  | (4) |  | (7) |  | 0 | 0 |  | (2) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.460 | Annual | Annual | 04/01/2035 |  | 600 |  | (2) |  | (6) |  | (8) |  | 0 | 0 |  | (1) |
| Pay<sup>(6)</sup> | Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.415 | Annual | Annual | 07/09/2035 |  | 55900 |  | 0 |  | (161) |  | (161) |  | 0 | 0 |  | (148) |
| Pay<sup>(6)</sup> | Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2035 |  | 109330 |  | (3775) |  | (409) |  | (4184) |  | 0 | 0 |  | (221) |
| Receive<sup>(6)</sup> | Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2055 |  | 34220 |  | 2654 |  | 1536 |  | 4190 |  | 130 | 130 |  | 0 |
| Receive | Receive | CAONREPO | CAONREPO | 3.500 | Semi-Annual | Semi-Annual | 06/01/2032 | CAD | 29200 |  | (427) |  | (594) |  | (1021) |  | 0 | 0 |  | (44) |
|  |  |  |  |  |  |  |  |  | $ | $67206 | 67206 | $(10114) | (10114) | $57092 | 57092 | $2307 | 2307 | 2307 | $(3706) | (3706) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**78520** | **78520** | $**(8732)** | **(8732)** | $**69788** | **69788** | $**2881** | **2881** | **2881** | $**(3707)** | **(3707)** |
| **(o)** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $85,423 and cash of $8,928 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. | Future styled option variation margin asset of $2 and liability of $(1) is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(p)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | AUD | 19861 | 19861 | 19861 | $ | $12902 | 12902 | 12902 | 0 | 0 | 0 | 0 | $(170) | (170) | (170) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNH | 45047 | 45047 | 45047 |  | 6252 | 6252 | 6252 | 0 | 0 | 0 | 0 | (47) | (47) | (47) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 1285 | 1285 | 1285 |  | 1505 | 1505 | 1505 | 0 | 0 | 0 | 0 | (9) | (9) | (9) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $15423 | 15423 | 15423 | NZD | 25628 | 25628 | 25628 | 199 | 199 | 199 | 199 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 74447 | 74447 | 74447 | $ | $10364 | 10364 | 10364 | 0 | 0 | 0 | 0 | (76) | (76) | (76) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 25628 | 25628 | 25628 |  | 15440 | 15440 | 15440 | 0 | 0 | 0 | 0 | (198) | (198) | (198) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $12909 | 12909 | 12909 | AUD | 19861 | 19861 | 19861 | 171 | 171 | 171 | 171 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 1508 | 1508 | 1508 | EUR | 1285 | 1285 | 1285 | 9 | 9 | 9 | 9 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | DOP | 25696 | 25696 | 25696 | $ | $430 | 430 | 430 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 115163 | 115163 | 115163 |  | 130946 | 130946 | 130946 | 0 | 0 | 0 | 0 | (4710) | (4710) | (4710) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | IDR | 35347052 | 35347052 | 35347052 |  | 2167 | 2167 | 2167 | 0 | 0 | 0 | 0 | (13) | (13) | (13) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PEN | 4300 | 4300 | 4300 |  | 1184 | 1184 | 1184 | 0 | 0 | 0 | 0 | (30) | (30) | (30) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $1367 | 1367 | 1367 | AUD | 2108 | 2108 | 2108 | 21 | 21 | 21 | 21 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 6347 | 6347 | 6347 | KRW | 8652041 | 8652041 | 8652041 | 53 | 53 | 53 | 53 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 540 | 540 | 540 | SGD | 691 | 691 | 691 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ZAR | 635852 | 635852 | 635852 | $ | $35475 | 35475 | 35475 | 0 | 0 | 0 | 0 | (385) | (385) | (385) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 23234 | 23234 | 23234 |  | 3248 | 3248 | 3248 | 0 | 0 | 0 | 0 | (10) | (10) | (10) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | SGD | 690 | 690 | 690 |  | 540 | 540 | 540 | 0 | 0 | 0 | 0 | (4) | (4) | (4) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 1243 | 1243 | 1243 |  | 38 | 38 | 38 | 0 | 0 | 0 | 0 | (5) | (5) | (5) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $4153 | 4153 | 4153 | CNH | 29694 | 29694 | 29694 | 11 | 11 | 11 | 11 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 13229 | 13229 | 13229 | MXN | 250915 | 250915 | 250915 | 78 | 78 | 78 | 78 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 73848 | 73848 | 73848 | $ | $12886 | 12886 | 12886 | 0 | 0 | 0 | 0 | (706) | (706) | (706) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | IDR | 193499952 | 193499952 | 193499952 |  | 11863 | 11863 | 11863 | 0 | 0 | 0 | 0 | (62) | (62) | (62) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | INR | 1461164 | 1461164 | 1461164 |  | 17080 | 17080 | 17080 | 38 | 38 | 38 | 38 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 53375 | 53375 | 53375 |  | 39 | 39 | 39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PEN | 2516 | 2516 | 2516 |  | 689 | 689 | 689 | 0 | 0 | 0 | 0 | (21) | (21) | (21) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | 2459 | 2459 | 2459 |  | 74 | 74 | 74 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | TWD | 236729 | 236729 | 236729 |  | 7285 | 7285 | 7285 | 0 | 0 | 0 | 0 | (865) | (865) | (865) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $13249 | 13249 | 13249 | BRL | 73848 | 73848 | 73848 | 343 | 343 | 343 | 343 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 10288 | 10288 | 10288 | IDR | 167739208 | 167739208 | 167739208 | 48 | 48 | 48 | 48 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 8300 | 8300 | 8300 | KRW | 11400089 | 11400089 | 11400089 | 134 | 134 | 134 | 134 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 970 | 970 | 970 | THB | 32006 | 32006 | 32006 | 16 | 16 | 16 | 16 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 16019 | 16019 | 16019 | TWD | 476393 | 476393 | 476393 | 333 | 333 | 333 | 333 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CAD | 381 | 381 | 381 | $ | $279 | 279 | 279 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 26026 | 26026 | 26026 |  | 3644 | 3644 | 3644 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | JPY | 291 | 291 | 291 |  | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 197847 | 197847 | 197847 |  | 6070 | 6070 | 6070 | 0 | 0 | 0 | 0 | (808) | (808) | (808) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $21416 | 21416 | 21416 | CNH | 153047 | 153047 | 153047 | 45 | 45 | 45 | 45 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 785 | 785 | 785 | INR | 68203 | 68203 | 68203 | 9 | 9 | 9 | 9 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 8968 | 170822 | 91 | 0 |
|  | 08/2025  | 98 | 3204 | 14 | 0 |
|  | 09/2025  | 3630 | 13161 | 77 | 0 |
|  | 10/2025  | 204903 | $34257 | 0 | (2597) |
|  | 06/2026  | $62 | 19 | 0 | 0 |
|  | 05/2030  | 784 | $2700 | 108 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 2033 | 1488 | 1 | (6) |
|  | 07/2025  | 4451 | 5096 | 0 | (147) |
|  | 07/2025  | 4042 | 5465 | 0 | (83) |
|  | 07/2025  | 46642946 | 2856 | 0 | (20) |
|  | 07/2025  | 840 | 249 | 0 | (1) |
|  | 07/2025  | 55261 | 40 | 0 | (1) |
|  | 07/2025  | 687 | 67 | 0 | (1) |
|  | 07/2025  | 2270 | 606 | 0 | (24) |
|  | 07/2025  | 31069 | 767 | 0 | (7) |
|  | 07/2025  | $6344 | 9817 | 117 | 0 |
|  | 07/2025  | 26811 | 19705 | 237 | 0 |
|  | 07/2025  | 502 | 1746 | 17 | 0 |
|  | 07/2025  | 3258 | 4448479 | 32 | 0 |
|  | 07/2025  | 2760 | 89856 | 7 | 0 |
|  | 07/2025  | 23696 | 981341 | 629 | 0 |
|  | 07/2025  | 567364 | $31369 | 0 | (628) |
|  | 08/2025  | 19705 | 26815 | 0 | (238) |
|  | 08/2025  | $34028 | 1417961 | 386 | 0 |
|  | 09/2025  | 19984 | $5478 | 0 | (150) |
|  | 11/2025  | 125646 | 34100 | 0 | (1214) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 3746 | 570 | 0 | (21) |
|  | 07/2025  | 7097 | 1892 | 0 | (110) |
|  | 07/2025  | $5333 | 19291 | 111 | 0 |
|  | 08/2025  | 3593 | 12720 | 0 | (5) |
|  | 09/2025  | 4307 | $1203 | 0 | (10) |
|  | 09/2025  | $164 | 599 | 5 | 0 |
|  | 11/2025  | 15380 | $4202 | 0 | (121) |
|  | 12/2025  | 12765 | 3593 | 6 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 134676 | 24679 | 0 | (109) |
|  | 07/2025  | 1975 | 1428 | 0 | (22) |
|  | 07/2025  | 22225866 | 16195 | 0 | (244) |
|  | 07/2025  | 40299 | 11103 | 0 | (271) |
|  | 07/2025  | 128657 | 3869 | 0 | (93) |
|  | 07/2025  | 405267 | 12462 | 0 | (1491) |
|  | 07/2025  | $1144 | 1763 | 17 | 0 |
|  | 07/2025  | 23253 | 134676 | 1535 | 0 |
|  | 07/2025  | 13688 | 18759 | 87 | 0 |
|  | 07/2025  | 41 | 293 | 0 | 0 |
|  | 07/2025  | 2146 | 34944990 | 9 | 0 |
|  | 07/2025  | 385 | 522954 | 2 | 0 |
|  | 07/2025  | 34874 | 124798 | 346 | (1) |
|  | 07/2025  | 8882 | 11416 | 97 | 0 |
|  | 07/2025  | 280 | 9348 | 8 | 0 |
|  | 07/2025  | 30600 | 909339 | 709 | 0 |
|  | 08/2025  | 14342 | $1995 | 0 | (16) |
|  | 08/2025  | 118020 | 32312 | 0 | (961) |
|  | 08/2025  | 454801 | 13957 | 0 | (1854) |
|  | 08/2025  | $11853 | 85835 | 183 | 0 |
|  | 08/2025  | 16585 | 1427592 | 43 | (9) |
|  | 09/2025  | 101930 | $28193 | 0 | (508) |
|  | 09/2025  | $5037 | 18057 | 48 | 0 |
|  | 10/2025  | 1448 | $404 | 0 | (3) |
|  | 11/2025  | 42970 | 11734 | 0 | (343) |
|  | 12/2025  | 65867 | 18223 | 0 | (276) |
|  | 01/2026  | 3776 | 1061 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CIB | 07/2025  | 32 | 23 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 50980 | 13872 | 0 | (518) |
|  | 07/2025  | 121 | 94 | 0 | (1) |
|  | 07/2025  | $1918 | 2978 | 42 | 0 |
|  | 07/2025  | 443 | 2819 | 2 | 0 |
|  | 07/2025  | 122338 | 105454 | 1882 | 0 |
|  | 07/2025  | 245 | 848 | 7 | 0 |
|  | 07/2025  | 969 | 28806 | 23 | 0 |
|  | 07/2025  | 67 | $4 | 0 | 0 |
|  | 08/2025  | 2812 | 443 | 0 | (2) |
|  | 08/2025  | 105223 | 122338 | 0 | (1881) |
|  | 08/2025  | $7857 | 676104 | 14 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 96060 | $17603 | 0 | (78) |
|  | 07/2025  | 102271 | 75501 | 401 | (6) |
|  | 07/2025  | 3013 | 3665 | 0 | (132) |
|  | 07/2025  | 22915 | 3189 | 0 | (16) |
|  | 07/2025  | 1829544 | 12753 | 48 | 0 |
|  | 07/2025  | 17766 | 1855 | 0 | (23) |
|  | 07/2025  | 304 | 237 | 0 | (3) |
|  | 07/2025  | $3500 | 5425 | 70 | 0 |
|  | 07/2025  | 16801 | 96060 | 879 | 0 |
|  | 07/2025  | 602 | 3832 | 3 | 0 |
|  | 07/2025  | 9445 | 1374831 | 102 | 0 |
|  | 07/2025  | 4375 | 16136 | 100 | 0 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 434 | 553 | 1 | 0 |
|  | 08/2025  | 27469 | $3839 | 0 | (13) |
|  | 08/2025  | 3822 | 602 | 0 | (3) |
|  | 08/2025  | 1369775 | 9445 | 0 | (102) |
|  | 08/2025  | 637 | 501 | 0 | (2) |
|  | 08/2025  | 137320 | 4201 | 0 | (573) |
|  | 08/2025  | $226 | 180 | 2 | 0 |
|  | 08/2025  | 17223 | 123186 | 51 | 0 |
|  | 08/2025  | 1301 | 112552 | 9 | 0 |
|  | 09/2025  | 38091 | $1956 | 0 | (57) |
|  | 09/2025  | $2295 | 8321 | 49 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 262677 | $47213 | 0 | (1135) |
|  | 07/2025  | 454 | 332 | 0 | (2) |
|  | 07/2025  | 29123 | 454 | 0 | (31) |
|  | 07/2025  | 2724385 | 167 | 0 | (1) |
|  | 07/2025  | 20850 | 5829 | 0 | (53) |
|  | 07/2025  | 42460 | 1305 | 0 | (157) |
|  | 07/2025  | $48128 | 262677 | 220 | 0 |
|  | 07/2025  | 508 | 8273183 | 2 | 0 |
|  | 07/2025  | 169 | 215 | 0 | 0 |
|  | 07/2025  | 1855 | $103 | 0 | (2) |
|  | 08/2025  | 214 | 169 | 0 | 0 |
|  | 08/2025  | 773 | 24 | 0 | (3) |
|  | 09/2025  | 9944 | 167 | 3 | 0 |
|  | 09/2025  | 17258 | 4709 | 0 | (153) |
|  | 09/2025  | $45208 | 254567 | 931 | 0 |
|  | 10/2025  | 275717 | $45338 | 0 | (4253) |
|  | 04/2026  | 4300 | 730 | 0 | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $1880 | 17788 | 0 | 0 |
|  | 08/2025  | 17750 | $1880 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 1670 | 1095 | 0 | (5) |
|  | 07/2025  | 34505 | 6323 | 0 | (28) |
|  | 07/2025  | 43415 | 6016 | 0 | (56) |
|  | 07/2025  | 2903 | 440 | 0 | (19) |
|  | 07/2025  | 12165010 | 8920 | 0 | (80) |
|  | 07/2025  | 24391 | 6494 | 0 | (272) |
|  | 07/2025  | 8068 | 6281 | 0 | (64) |
|  | 07/2025  | 232935 | 7166 | 0 | (854) |
|  | 07/2025  | $5963 | 34505 | 388 | 0 |
|  | 07/2025  | 3130 | 4286 | 17 | 0 |
|  | 07/2025  | 12328 | 16791894 | 92 | 0 |
|  | 07/2025  | 7873 | 29102 | 198 | 0 |
|  | 07/2025  | 353 | 453 | 2 | 0 |
|  | 07/2025  | 2642 | 78439 | 59 | 0 |
|  | 07/2025  | 218842 | $12246 | 0 | (96) |
|  | 08/2025  | 70722 | 12385 | 0 | (531) |
|  | 08/2025  | 68988 | 9598 | 0 | (76) |
|  | 08/2025  | 452 | 353 | 0 | (3) |
|  | 08/2025  | 770633 | 23546 | 0 | (3244) |
|  | 08/2025  | $1095 | 1670 | 5 | 0 |
|  | 08/2025  | 4188 | 29935 | 9 | 0 |
|  | 08/2025  | 877 | 76068 | 8 | 0 |
|  | 04/2026  | 6700 | $1131 | 0 | (22) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 2230 | 1431 | 0 | (37) |
|  | 07/2025  | 20073 | 14615 | 0 | (126) |
|  | 07/2025  | 20813 | 2888 | 0 | (23) |
|  | 07/2025  | 8459 | 9699 | 0 | (265) |
|  | 07/2025  | 10897 | 1393 | 3 | 0 |
|  | 07/2025  | 593229 | 37 | 0 | 0 |
|  | 07/2025  | 83565 | 582 | 1 | 0 |
|  | 07/2025  | 25628 | 15286 | 0 | (335) |
|  | 07/2025  | 17438 | 4657 | 0 | (180) |
|  | 07/2025  | 19383 | 15109 | 0 | (135) |
|  | 07/2025  | 64584 | 1951 | 0 | (37) |
|  | 07/2025  | 589950 | 19824 | 0 | (437) |
|  | 07/2025  | $1093 | 1670 | 7 | 0 |
|  | 07/2025  | 4151 | 5706 | 39 | 0 |
|  | 07/2025  | 3693 | 3013 | 104 | 0 |
|  | 07/2025  | 27720 | 23904 | 438 | 0 |
|  | 07/2025  | 4726 | 3479 | 51 | (2) |
|  | 07/2025  | 464 | 7539884 | 1 | 0 |
|  | 07/2025  | 9327 | 12061 | 159 | 0 |
|  | 07/2025  | 3170 | 103162 | 11 | (5) |
|  | 07/2025  | 20510 | 606952 | 388 | 0 |
|  | 08/2025  | 5696 | $4151 | 0 | (39) |
|  | 08/2025  | 197651 | 27500 | 0 | (216) |
|  | 08/2025  | 1544 | 11 | 0 | 0 |
|  | 08/2025  | 12033 | 9327 | 0 | (161) |
|  | 08/2025  | 205487 | 6355 | 0 | (789) |
|  | 08/2025  | $7914 | 57213 | 109 | 0 |
|  | 08/2025  | 5047 | 4295 | 23 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 41329 | $286 | 0 | (1) |
|  | 07/2025  | $1442 | 1973 | 6 | 0 |
|  | 07/2025  | 3172 | 462326 | 38 | 0 |
|  | 07/2025  | 644 | 6497 | 1 | 0 |
|  | 07/2025  | 23 | 84 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 08/2025  | 08/2025  | 27998 | 27998 | $ | 3911 | 3911 | 3911 |  | 0 | 0 | 0 |  | (15) |
|  |  | 08/2025  | 08/2025  | 460626 | 460626 |  | 3172 | 3172 | 3172 |  | 0 | 0 | 0 |  | (38) |
|  |  | 08/2025  | 08/2025  | 6496 | 6496 |  | 644 | 644 | 644 |  | 0 | 0 | 0 |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $6075 | 6075 | IDR | 99019615 | 99019615 | 99019615 |  | 31 | 31 | 31 |  | 0 |
|  |  | 08/2025  | 08/2025  | 1302 | 1302 | TRY | 54346 | 54346 | 54346 |  | 15 | 15 | 15 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | 08/2025  | 6588 | 6588 | CNH | 47829 | 47829 | 47829 |  | 119 | 119 | 119 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 5357 | 5357 | $ | 3885 | 3885 | 3885 |  | 0 | 0 | 0 |  | (49) |
|  |  | 07/2025  | 07/2025  | 293 | 293 |  | 41 | 41 | 41 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 47092444 | 47092444 |  | 2885 | 2885 | 2885 |  | 0 | 0 | 0 |  | (15) |
|  |  | 07/2025  | 07/2025  | 625800 | 625800 |  | 4394 | 4394 | 4394 |  | 49 | 49 | 49 |  | 0 |
|  |  | 07/2025  | 07/2025  | 58225 | 58225 |  | 16247 | 16247 | 16247 |  | 0 | 0 | 0 |  | (178) |
|  |  | 07/2025  | 07/2025  | $1803 | 1803 | CAD | 2488 | 2488 | 2488 |  | 24 | 24 | 24 |  | 0 |
|  |  | 07/2025  | 07/2025  | 2361 | 2361 | IDR | 38475910 | 38475910 | 38475910 |  | 11 | 11 | 11 |  | 0 |
|  |  | 07/2025  | 07/2025  | 4 | 4 | ILS | 13 | 13 | 13 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 17044 | 17044 | INR | 1461508 | 1461508 | 1461508 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | 36 | 36 | JPY | 5150 | 5150 | 5150 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1675 | 1675 | PEN | 6002 | 6002 | 6002 |  | 19 | 19 | 19 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1862 | 1862 | SGD | 2402 | 2402 | 2402 |  | 27 | 27 | 27 |  | 0 |
|  |  | 07/2025  | 07/2025  | 36760 | 36760 | TWD | 1077386 | 1077386 | 1077386 |  | 334 | 334 | 334 |  | 0 |
|  |  | 08/2025  | 08/2025  | 48237 | 48237 | $ | 6753 | 6753 | 6753 |  | 0 | 0 | 0 |  | (12) |
|  |  | 08/2025  | 08/2025  | 1464505 | 1464505 |  | 17044 | 17044 | 17044 |  | 0 | 0 | 0 |  | (6) |
|  |  | 08/2025  | 08/2025  | 5131 | 5131 |  | 36 | 36 | 36 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 2397 | 2397 |  | 1862 | 1862 | 1862 |  | 0 | 0 | 0 |  | (27) |
|  |  | 08/2025  | 08/2025  | 64852 | 64852 |  | 1988 | 1988 | 1988 |  | 0 | 0 | 0 |  | (267) |
|  |  | 08/2025  | 08/2025  | $13167 | 13167 | CNH | 95323 | 95323 | 95323 |  | 200 | 200 | 200 |  | 0 |
|  |  | 08/2025  | 08/2025  | 41 | 41 | CNY | 293 | 293 | 293 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 3481 | 3481 | INR | 298868 | 298868 | 298868 |  | 0 | 0 | 0 |  | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  | 1056 | 1056 | CAD | 1441 | 1441 | 1441 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | 5286 | 5286 | JPY | 763056 | 763056 | 763056 |  | 13 | 13 | 13 |  | 0 |
|  |  | 07/2025  | 07/2025  | 67 | 67 | NOK | 676 | 676 | 676 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 760256 | 760256 | $ | 5286 | 5286 | 5286 |  | 0 | 0 | 0 |  | (13) |
|  |  | 08/2025  | 08/2025  | 676 | 676 |  | 67 | 67 | 67 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $5 | 5 | INR | 454 | 454 | 454 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 1443 | 1443 | $ | 1057 | 1057 | 1057 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | 18125 | 18125 |  | 24542 | 24542 | 24542 |  | 0 | 0 | 0 |  | (338) |
|  |  | 08/2025  | 08/2025  | 341 | 341 |  | 250 | 250 | 250 |  | 0 | 0 | 0 |  | (1) |
|  |  | 08/2025  | 08/2025  | 5557 | 5557 |  | 170 | 170 | 170 |  | 0 | 0 | 0 |  | (23) |
|  |  | 08/2025  | 08/2025  | $1057 | 1057 | CAD | 1440 | 1440 | 1440 |  | 2 | 2 | 2 |  | 0 |
|  |  | 08/2025  | 08/2025  | 4674 | 4674 | TWD | 148942 | 148942 | 148942 |  | 504 | 504 | 504 |  | 0 |
|  |  | 11/2025  | 11/2025  | 12259 | 12259 | $ | 3323 | 3323 | 3323 |  | 0 | 0 | 0 |  | (125) |
|  |  | 12/2025  | 12/2025  | 15466 | 15466 |  | 4182 | 4182 | 4182 |  | 0 | 0 | 0 |  | (163) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 1517 | 1517 |  | 1115 | 1115 | 1115 |  | 1 | 1 | 1 |  | (1) |
|  |  | 07/2025  | 07/2025  | 46882841 | 46882841 |  | 2889 | 2889 | 2889 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | 26966 | 26966 |  | 186 | 186 | 186 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 4421775 | 4421775 |  | 3260 | 3260 | 3260 |  | 0 | 0 | 0 |  | (10) |
|  |  | 07/2025  | 07/2025  | 6487 | 6487 |  | 639 | 639 | 639 |  | 0 | 0 | 0 |  | (5) |
|  |  | 07/2025  | 07/2025  | 10286 | 10286 |  | 310 | 310 | 310 |  | 0 | 0 | 0 |  | (7) |
|  |  | 07/2025  | 07/2025  | $2889 | 2889 | IDR | 46870620 | 46870620 | 46870620 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | 36 | 36 | ILS | 128 | 128 | 128 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | 3260 | 3260 | KRW | 4419637 | 4419637 | 4419637 |  | 9 | 9 | 9 |  | 0 |
|  |  | 09/2025  | 09/2025  | 41110 | 41110 | $ | 2121 | 2121 | 2121 |  | 0 | 0 | 0 |  | (52) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**14800** | **14800** | **14800** | **$** | $**(38415)** | **(38415)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 4.470% | 4.470% | 4.470% | 06/04/2035 | 9800 | 9800 | 9800 | $879 | 879 | $ | $903 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 4.470 | 4.470 | 4.470 | 06/04/2035 | 9800 | 9800 | 9800 | 879 | 879 |  | 858 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.255 | 3.255 | 3.255 | 08/16/2039 | 31900 | 31900 | 31900 | 3054 | 3054 |  | 2414 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.255 | 3.255 | 3.255 | 08/16/2039 | 31900 | 31900 | 31900 | 3054 | 3054 |  | 3823 |
| DUB | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.750 | 3.750 | 3.750 | 10/30/2025 | 332200 | 332200 | 332200 | 1781 | 1781 |  | 1149 |
| FAR | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.750 | 3.750 | 3.750 | 08/01/2025 | 722600 | 722600 | 722600 | 4408 | 4408 |  | 627 |
| JPM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.808 | 3.808 | 3.808 | 07/31/2034 | 14700 | 14700 | 14700 | 1289 | 1289 |  | 1015 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.808 | 3.808 | 3.808 | 07/31/2034 | 14700 | 14700 | 14700 | 1289 | 1289 |  | 1510 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.800 | 3.800 | 3.800 | 07/12/2034 | 29700 | 29700 | 29700 | 2567 | 2567 |  | 2028 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.800 | 3.800 | 3.800 | 07/12/2034 | 29700 | 29700 | 29700 | 2567 | 2567 |  | 3045 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**21767** | **21767** | **$** | $**17372** |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.850% | 07/16/2025 | 2100 | $(3) | $0 |
| JPM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 1.000 | 07/16/2025 | 4400 | (5) | 0 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.850 | 07/16/2025 | 5200 | (6) | (1) |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.900 | 07/16/2025 | 3300 | (4) | 0 |
|  |  |  |  |  |  |  |  | $(18) | $(1) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 07/09/2025 | 3700 | $(12) | $(34) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 07/09/2025 | 3700 | (12) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.637 | 07/18/2025 | 2700 | (8) | (14) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.037 | 07/18/2025 | 2700 | (8) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 07/21/2025 | 2500 | (8) | (19) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 07/21/2025 | 2500 | (8) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 07/24/2025 | 1800 | (6) | (7) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 07/24/2025 | 1800 | (6) | (3) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.605 | 07/23/2025 | 2800 | (10) | (13) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.955 | 07/23/2025 | 2800 | (9) | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.564 | 07/24/2025 | 2300 | (8) | (9) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.914 | 07/24/2025 | 2300 | (7) | (4) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.380 | 07/03/2025 | 400 | (1) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.640 | 07/03/2025 | 400 | (1) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.460 | 07/16/2025 | 1100 | (3) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.720 | 07/16/2025 | 1100 | (3) | (2) |
| DUB | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 2.830 | 10/30/2025 | 332200 | (678) | (195) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.290 | 10/30/2025 | 332200 | (1109) | (462) |
| FAR | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 2.750 | 08/01/2025 | 722600 | (1662) | (12) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.250 | 08/01/2025 | 722600 | (2746) | (76) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.750 | 07/03/2025 | 3400 | (13) | (23) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.100 | 07/03/2025 | 3400 | (13) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.790 | 07/09/2025 | 4000 | (13) | (42) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.140 | 07/09/2025 | 4000 | (13) | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.680 | 07/07/2025 | 800 | (3) | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.775 | 07/07/2025 | 2300 | (7) | (20) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.030 | 07/07/2025 | 800 | (3) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.125 | 07/07/2025 | 2300 | (7) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.653 | 07/14/2025 | 2500 | (7) | (11) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.053 | 07/14/2025 | 2500 | (7) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.695 | 07/17/2025 | 3900 | (11) | (27) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.095 | 07/17/2025 | 3900 | (11) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.583 | 07/23/2025 | 1200 | (4) | (5) |

---

------

<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.933 | 07/23/2025 | 07/23/2025 |  | 1200 |  | (4) | (4) | (4) | (2) | (2) | (2) |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.555 | 07/30/2025 | 07/30/2025 |  | 3200 |  | (10) | (10) | (10) | (13) | (13) | (13) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.905 | 07/30/2025 | 07/30/2025 |  | 3200 |  | (10) | (10) | (10) | (8) | (8) | (8) |
| JPM | JPM | JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.772 | 07/10/2025 | 07/10/2025 |  | 1800 |  | (6) | (6) | (6) | (17) | (17) | (17) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.122 | 07/10/2025 | 07/10/2025 |  | 1800 |  | (6) | (6) | (6) | 0 | 0 | 0 |
| MYC | MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.715 | 07/02/2025 | 07/02/2025 |  | 4100 |  | (15) | (15) | (15) | (17) | (17) | (17) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.065 | 07/02/2025 | 07/02/2025 |  | 4100 |  | (15) | (15) | (15) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.725 | 07/03/2025 | 07/03/2025 |  | 2300 |  | (9) | (9) | (9) | (12) | (12) | (12) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.075 | 07/03/2025 | 07/03/2025 |  | 2300 |  | (9) | (9) | (9) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.669 | 07/07/2025 | 07/07/2025 |  | 4300 |  | (16) | (16) | (16) | (14) | (14) | (14) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.019 | 07/07/2025 | 07/07/2025 |  | 4300 |  | (16) | (16) | (16) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.664 | 07/14/2025 | 07/14/2025 |  | 1600 |  | (5) | (5) | (5) | (8) | (8) | (8) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.064 | 07/14/2025 | 07/14/2025 |  | 1600 |  | (5) | (5) | (5) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.697 | 07/16/2025 | 07/16/2025 |  | 1700 |  | (5) | (5) | (5) | (12) | (12) | (12) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.097 | 07/16/2025 | 07/16/2025 |  | 1700 |  | (5) | (5) | (5) | 0 | 0 | 0 |
| NGF | NGF | NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.545 | 07/28/2025 | 07/28/2025 |  | 5800 |  | (19) | (19) | (19) | (22) | (22) | (22) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.895 | 07/28/2025 | 07/28/2025 |  | 5800 |  | (19) | (19) | (19) | (13) | (13) | (13) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (6591) | (6591) | (6591) | $(1127) | (1127) | (1127) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(6609)** | **(6609)** | **(6609)** | $**(1128)** | **(1128)** | **(1128)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| GST | GST | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | 1.000% | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 1.490% | 1.490% | $700 | 700 | $(6) | (6) | $3 | 3 | $0 | 0 | 0 | $(3) |
| JPM | JPM | Hochtief AG  | Hochtief AG  | Hochtief AG  | 5.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.233 | 0.233 | 5900 | 5900 | 1406 | 1406 | (909) | (909) | 497 | 497 | 497 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $1400 | 1400 | $(906) | (906) | $497 | 497 | 497 | $(3) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| GST | GST | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500% | 0.500% | 0.500% | Monthly | 11/17/2059 | 11/17/2059 | 900 | $ | (26) | (26) | 30 | $ | 4 | 4 | $ | 0 |
| MYC | MYC | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | Monthly | 11/17/2059 | 11/17/2059 | 18100 |  | (628) | (628) | 705 |  | 77 | 77 |  | 0 |
| UAG | UAG | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | Monthly | 11/17/2059 | 11/17/2059 | 12100 |  | (424) | (424) | 476 |  | 52 | 52 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(1078) | (1078) | $1211 | 1211 | $133 | 133 | 133 | $0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**322** | **322** | $**305** | **305** | $**630** | **630** | **630** | $**(3)** |
| **(q)** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $22,571 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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<br> Schedule of Investments PIMCO Dynamic Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | $0 | $29880 | $10262 | $40142 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | 0 | 282975 | 5751 | 288726 |
| Industrials | 0 | 172964 | 0 | 172964 |
| Utilities | 0 | 51285 | 0 | 51285 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | 0 | 2087 | 0 | 2087 |
| Illinois | 0 | 925 | 0 | 925 |
| West Virginia | 0 | 4074 | 0 | 4074 |
| U.S. Government Agencies | 0 | 1996414 | 0 | 1996414 |
| U.S. Treasury Obligations | 0 | 311211 | 0 | 311211 |
| Non-Agency Mortgage-Backed Securities | 0 | 165873 | 0 | 165873 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Home Equity Other | 0 | 180787 | 0 | 180787 |
| Home Equity Sequential | 0 | 2430 | 0 | 2430 |
| Manufacturing House Sequential | 0 | 2413 | 0 | 2413 |
| Whole Loan Collateral | 0 | 26976 | 0 | 26976 |
| Other ABS | 0 | 146788 | 0 | 146788 |
| Sovereign Issues | 0 | 516734 | 0 | 516734 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Financials | 0 | 0 | 768 | 768 |
| Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities |
| Banking & Finance | 4109 | 0 | 0 | 4109 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | 0 | 5742 | 0 | 5742 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Commercial Paper | 0 | 74772 | 0 | 74772 |
| Mutual Funds | 0 | 24897 | 0 | 24897 |
| Repurchase Agreements | 0 | 575277 | 0 | 575277 |
| Nigeria Treasury Bills | 0 | 9056 | 0 | 9056 |
| U.S. Treasury Bills | 0 | 7231 | 0 | 7231 |
|  | $4109 | $4590791 | $16781 | $4611681 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $463716 | $0 | $0 | $463716 |
| Total Investments | $467825 | $4590791 | $16781 | $5075397 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| Corporate Bonds & Notes | 0 | (231252) | 0 | (231252) |
| U.S. Government Agencies | 0 | (114850) | 0 | (114850) |
|  | $0 | $(346102) | $0 | $(346102) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 1254 | 4066 | 0 | 5320 |
| Over the counter | 0 | 32802 | 0 | 32802 |
|  | $1254 | $36868 | $0 | $38122 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (157) | (7118) | 0 | (7275) |
| Over the counter | 0 | (39546) | 0 | (39546) |
|  | $(157) | $(46664) | $0 | $(46821) |
| Total Financial Derivative Instruments | $1097 | $(9796) | $0 | $(8699) |
| Totals | $468922 | $4234893 | $16781 | $4720596 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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<br> Schedule of Investments PIMCO Emerging Markets Bond Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 97.0% ¤** |  |  |
| **ANGOLA 0.6%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Finance Ministry Angola**<br>13.500% (PRIME + 6.000%) due 12/11/2025 «~ | $4800 | $4803 |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Angolan Government International Bond**  |  |  |
| 8.000% due 11/26/2029  | 4161 | 3784 |
| 8.250% due 05/09/2028  | 1400 | 1322 |
| 8.750% due 04/14/2032  | 3500 | 3095 |
| 9.375% due 05/08/2048  | 1000 | 797 |
|  |  | 8998 |
| Total Angola (Cost $13,275) |  | 13801 |
| **ARGENTINA 3.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Pampa Energia SA** <br>7.875% due 12/16/2034 | $6900 | 6897 |
| **SOVEREIGN ISSUES 2.9%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030  | 8119 | 6450 |
| 1.000% due 07/09/2029  | 540 | 451 |
| 3.000% due 07/09/2041  | 1000 | 718 |
| 3.500% due 07/09/2041  | $46526 | 28962 |
| 3.875% due 07/09/2035  | 1000 | 782 |
| 4.125% due 07/09/2035 (n)  | $8012 | 5391 |
| 4.125% due 07/09/2046  | 1304 | 854 |
| 5.000% due 01/09/2038  | 3100 | 2208 |
| **Provincia de Buenos Aires**  |  |  |
| 5.125% due 09/01/2037  | 5081 | 3969 |
| 6.625% due 09/01/2037  | $11291 | 8144 |
| **Provincia de Cordoba** <br>6.875% due 12/10/2025 þ | 42 | 43 |
| **Provincia de la Rioja**  |  |  |
| 8.500% due 02/24/2028 ^(c)  | 1593 | 1060 |
| 8.500% due 02/24/2028  | 3452 | 2296 |
|  |  | 61328 |
| Total Argentina (Cost $48,694) |  | 68225 |
| **ARMENIA 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Republic of Armenia International Bond** <br>3.600% due 02/02/2031 | $5300 | 4591 |
| Total Armenia (Cost $5,095) |  | 4591 |
| **AZERBAIJAN 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Southern Gas Corridor CJSC** <br>6.875% due 03/24/2026 | $7400 | 7507 |
| Total Azerbaijan (Cost $7,427) |  | 7507 |
| **BAHRAIN 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Bahrain Government International Bond**  |  |  |
| 4.250% due 01/25/2028  | $1900 | 1829 |
| 5.250% due 01/25/2033  | 4000 | 3658 |
| 5.625% due 09/30/2031  | 2100 | 1997 |

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<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| Total Bahrain (Cost $7,770) |  | 7484 |
| **BENIN 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Benin Government International Bond** <br>6.875% due 01/19/2052 | 200 | 197 |
| Total Benin (Cost $180) |  | 197 |
| **BRAZIL 3.3%**  |  |  |
| **CORPORATE BONDS & NOTES 2.0%**  |  |  |
| **Banco do Brasil SA** <br>8.500% due 07/29/2026 | 136000 | 7272 |
| **Brazil Minas SPE via State of Minas Gerais** <br>5.333% due 02/15/2028 | $13140 | 13092 |
| **CSN Inova Ventures** <br>6.750% due 01/28/2028 | 5300 | 5015 |
| **Unigel Luxembourg SA (11.000% Cash or 12.000% PIK)** <br>11.000% due 12/31/2028 ^ (b)(d) | 3533 | 988 |
| **Unigel Luxembourg SA (13.500% Cash or 15.000% PIK)** <br>13.500% due 12/31/2027 (b) | 1673 | 1346 |
| **Vale Overseas Ltd.** <br>6.400% due 06/28/2054 | 3500 | 3443 |
| **Vale SA** <br>0.000% due 12/29/2049 ~(i) | 168820 | 10654 |
|  |  | 41810 |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Brazil Government International Bond** <br>4.750% due 01/14/2050 | $874 | 618 |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (f) | 94600 | 16795 |
| **Brazil Notas do Tesouro Nacional** <br>6.000% due 08/15/2050 | 60598 | 9951 |
|  |  | 27364 |
| Total Brazil (Cost $77,215) |  | 69174 |
| **BULGARIA 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Bulgaria Government International Bond**  |  |  |
| 3.625% due 09/05/2032  | 2700 | 3296 |
| 5.000% due 03/05/2037  | $5000 | 4893 |
| Total Bulgaria (Cost $7,987) |  | 8189 |
| **CAMEROON 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Republic of Cameroon International Bond**  |  |  |
| 5.950% due 07/07/2032  | 5900 | 5449 |
| 9.500% due 11/19/2025  | $667 | 664 |
| Total Cameroon (Cost $5,481) |  | 6113 |
| **CANADA 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Ivanhoe Mines Ltd.** <br>7.875% due 01/23/2030 | $2200 | 2198 |
| Total Canada (Cost $2,200) |  | 2198 |
| **CAYMAN ISLANDS 1.9%**  |  |  |
| **CORPORATE BONDS & NOTES 1.7%**  |  |  |
| **Bioceanico Sovereign Certificate Ltd.** <br>0.000% due 06/05/2034 (f) | $5143 | 4094 |
| **Country Garden Holdings Co. Ltd.** <br>3.125% due 10/22/2025 ^(c) | 3300 | 251 |
| **Gaci First Investment Co.**  |  |  |
| 4.875% due 02/14/2035  | 11400 | 11175 |
| 5.250% due 01/29/2034  | 7000 | 7068 |
| **ICD Funding Ltd.** <br>3.223% due 04/28/2026 | 600 | 592 |
| **Interoceanica** **Finance Ltd.**  |  |  |
| 0.000% due 11/30/2025 (f)  | 70 | 68 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.000% due 05/15/2030 (f)  | 3215 | 2643 |
| 7.860% due 05/15/2030  | 2658 | 2759 |
| **Lima Metro Line 2 Finance Ltd.**  |  |  |
| 4.350% due 04/05/2036  | 159 | 149 |
| 4.350% due 04/05/2036 (n)  | 2459 | 2315 |
| 5.875% due 07/05/2034  | 756 | 767 |
| **Poinsettia Finance Ltd.** <br>6.625% due 06/17/2031 | 4681 | 4384 |
| **Sunac China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(b)(c) | 415 | 51 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2027 ^(b)(c) | 416 | 52 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(b)(c) | 835 | 104 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(b)(c) | 1255 | 157 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(b)(c) | 1258 | 157 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(b)(c) | 593 | 73 |
|  |  | 36859 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Ziraat**<br>7.418% (TSFR3M + 3.100%) due 06/15/2034 « | 5100 | 5071 |
| Total Cayman Islands (Cost $44,700) |  | 41930 |
| **CHILE 2.5%**  |  |  |
| **CORPORATE BONDS & NOTES 1.7%**  |  |  |
| **Banco del Estado de Chile** <br>7.950% due 05/02/2029 •(i)(j) | $3500 | 3647 |
| **Corp. Nacional del Cobre de Chile**  |  |  |
| 4.250% due 07/17/2042  | 1600 | 1269 |
| 4.375% due 02/05/2049  | 453 | 343 |
| 4.875% due 11/04/2044  | 1920 | 1607 |
| 5.950% due 01/08/2034  | 1300 | 1328 |
| 6.300% due 09/08/2053  | 3000 | 2946 |
| 6.440% due 01/26/2036  | 9700 | 10170 |
| 6.780% due 01/13/2055  | 3400 | 3491 |
| **Empresa de los Ferrocarriles del Estado** <br>3.068% due 08/18/2050 | 200 | 118 |
| **Empresa de los Ferrocarriles del Estado**  |  |  |
| 3.068% due 08/18/2050  | 600 | 356 |
| 3.830% due 09/14/2061  | 4700 | 3009 |
| **Empresa Nacional del Petroleo**  |  |  |
| 3.450% due 09/16/2031  | 979 | 875 |
| 5.950% due 07/30/2034  | 900 | 912 |
| 6.150% due 05/10/2033  | 4800 | 4938 |
| **Engie Energia Chile SA** <br>6.375% due 04/17/2034 | 1200 | 1246 |
|  |  | 36255 |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Chile Government International Bond**  |  |  |
| 3.100% due 05/07/2041 (n)  | 9100 | 6787 |
| 3.100% due 01/22/2061  | 700 | 426 |
| 3.500% due 04/15/2053 (n)  | 4500 | 3155 |
| 5.650% due 01/13/2037  | 6200 | 6402 |
|  |  | 16770 |
| Total Chile (Cost $54,239) |  | 53025 |
| **COLOMBIA 2.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Banco Davivienda SA** <br>8.125% due 07/02/2035 •(a)(j) | $3600 | 3621 |
| **Ecopetrol SA**  |  |  |
| 5.875% due 05/28/2045 (n)  | 4800 | 3317 |
| 7.375% due 09/18/2043 (n)  | 1500 | 1251 |
| 7.750% due 02/01/2032  | 5400 | 5310 |
| 8.375% due 01/19/2036  | 2000 | 1931 |
|  |  | 15430 |
| **SOVEREIGN ISSUES 1.8%**  |  |  |
| **Colombia Government International Bond**  |  |  |
| 3.875% due 02/15/2061  | 4800 | 2541 |
| 4.125% due 05/15/2051  | 10900 | 6232 |
| 5.000% due 06/15/2045 (n)  | 3900 | 2640 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.200% due 05/15/2049  | 4000 | 2690 |
| 5.625% due 02/26/2044 (n)  | 5100 | 3782 |
| 6.125% due 01/18/2041 (n)  | 2000 | 1634 |
| 7.375% due 09/18/2037  | 1125 | 1077 |
| 8.000% due 11/14/2035  | 2400 | 2416 |
| 8.375% due 11/07/2054  | 2600 | 2477 |
| 8.500% due 04/25/2035  | 9800 | 10192 |
| 8.750% due 11/14/2053  | 3300 | 3276 |
|  |  | 38957 |
| Total Colombia (Cost $60,651) |  | 54387 |
| **COSTA RICA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Costa Rica Government International Bond** <br>7.300% due 11/13/2054 | $2500 | 2596 |
| Total Costa Rica (Cost $2,371) |  | 2596 |
| **CZECH REPUBLIC 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Czechoslovak Group AS** <br>5.250% due 01/10/2031 (a) | 500 | 601 |
| **EPH Financing International AS**  |  |  |
| 5.875% due 11/30/2029  | 4500 | 5671 |
| 6.651% due 11/13/2028  | 2100 | 2686 |
| Total Czech Republic (Cost $8,207) |  | 8958 |
| **DOMINICAN REPUBLIC 3.2%**  |  |  |
| **SOVEREIGN ISSUES 3.2%**  |  |  |
| **Dominican Republic Central Bank Notes**  |  |  |
| 13.000% due 12/05/2025  | 330900 | 5546 |
| 13.000% due 01/30/2026  | 83000 | 1390 |
| **Dominican Republic International Bond**  |  |  |
| 4.875% due 09/23/2032  | $2000 | 1852 |
| 5.300% due 01/21/2041  | 1900 | 1642 |
| 5.875% due 01/30/2060  | 7300 | 6146 |
| 5.950% due 01/25/2027  | 6900 | 6977 |
| 6.000% due 07/19/2028  | 13300 | 13533 |
| 6.000% due 02/22/2033  | 3700 | 3660 |
| 6.400% due 06/05/2049  | 200 | 188 |
| 6.500% due 02/15/2048  | 506 | 480 |
| 6.600% due 06/01/2036  | 800 | 807 |
| 6.850% due 01/27/2045  | 300 | 297 |
| 6.950% due 03/15/2037  | 4200 | 4276 |
| 7.150% due 02/24/2055  | 3900 | 3899 |
| 10.500% due 03/15/2037  | 509400 | 8712 |
| 10.750% due 06/01/2036  | 336300 | 5845 |
| 11.250% due 09/15/2035  | 11200 | 200 |
| 13.625% due 02/03/2033  | 10500 | 208 |
| 13.625% due 02/10/2034  | 165700 | 3358 |
| Total Dominican Republic (Cost $69,368) |  | 69016 |
| **ECUADOR 1.4%**  |  |  |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Ecuador Government International Bond**  |  |  |
| 0.000% due 07/31/2030 (f)  | $5271 | 3843 |
| 5.000% due 07/31/2040  | 2995 | 1893 |
| 5.500% due 07/31/2035  | 16803 | 12275 |
| 6.900% due 07/31/2030  | 12600 | 10962 |
| **Ecuador Social Bond SARL** <br>0.000% due 01/30/2035 (f) | 711 | 504 |
| Total Ecuador (Cost $23,156) |  | 29477 |
| **EGYPT 3.6%**  |  |  |
| **SOVEREIGN ISSUES 3.6%**  |  |  |
| **Egypt Government International Bond**  |  |  |
| 4.750% due 04/16/2026  | 15000 | 17807 |
| 5.250% due 10/06/2025  | $1050 | 1049 |
| 6.375% due 04/11/2031  | 8300 | 9093 |
| 7.053% due 01/15/2032  | $900 | 825 |
| 7.500% due 02/16/2061  | 13400 | 9772 |
| 7.625% due 05/29/2032  | 800 | 742 |
| 7.903% due 02/21/2048  | 3650 | 2807 |
| 8.500% due 01/31/2047  | 3500 | 2845 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 8.625% due 02/04/2030  | 6400 | 6478 |
| 8.700% due 03/01/2049  | 5100 | 4189 |
| 8.750% due 09/30/2051  | 3250 | 2671 |
| 9.450% due 02/04/2033  | 3000 | 3040 |
| 21.954% due 03/04/2028  | 790100 | 15715 |
| Total Egypt (Cost $69,694) |  | 77033 |
| **EL SALVADOR 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **El Salvador Government International Bond**  |  |  |
| 7.650% due 06/15/2035  | $700 | 679 |
| 9.250% due 04/17/2030  | 4400 | 4669 |
| 9.500% due 07/15/2052  | 1000 | 1029 |
| 9.650% due 11/21/2054  | 4400 | 4543 |
| Total El Salvador (Cost $10,005) |  | 10920 |
| **FRANCE 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **New Immo Holding SA** <br>2.750% due 11/26/2026 | 1000 | 1162 |
| Total France (Cost $989) |  | 1162 |
| **GABON 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Gabon Government International Bond** <br>6.625% due 02/06/2031 | $350 | 279 |
| Total Gabon (Cost $274) |  | 279 |
| **GEORGIA 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Georgian Railway JSC** <br>4.000% due 06/17/2028 | $200 | 180 |
| Total Georgia (Cost $184) |  | 180 |
| **GERMANY 0.3%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **Stepstone Group MidCo 2 GmbH**<br>6.673% (EUR006M + 4.500%) due 04/26/2032 ~ | 6000 | 6944 |
| Total Germany (Cost $6,288) |  | 6944 |
| **GHANA 0.6%**  |  |  |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Ghana Government International Bond**  |  |  |
| 0.000% due 07/03/2026 (f)  | $513 | 499 |
| 0.000% due 01/03/2030 (f)  | 1186 | 994 |
| 1.500% due 01/03/2037  | 2600 | 1196 |
| 5.000% due 07/03/2029  | 6278 | 5901 |
| 5.000% due 07/03/2035  | 3145 | 2455 |
| 8.350% due 02/16/2027  | 8700 | 721 |
| 8.950% due 02/11/2031  | 8000 | 493 |
| Total Ghana (Cost $11,064) |  | 12259 |
| **GUATEMALA 0.9%**  |  |  |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Guatemala Government International Bond**  |  |  |
| 4.375% due 06/05/2027  | $4100 | 4039 |
| 4.650% due 10/07/2041  | 1000 | 797 |
| 4.875% due 02/13/2028  | 5100 | 5051 |
| 5.375% due 04/24/2032  | 1000 | 979 |
| 6.050% due 08/06/2031  | 4300 | 4377 |
| 6.125% due 06/01/2050  | 750 | 681 |
| 6.550% due 02/06/2037  | 3800 | 3842 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Guatemala (Cost $20,052) |  | 19766 |
| **HONDURAS 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Honduras Government International Bond** <br>8.625% due 11/27/2034 | $1200 | 1261 |
| Total Honduras (Cost $1,200) |  | 1261 |
| **HONG KONG 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **AIA Group Ltd.** <br>3.200% due 09/16/2040 | $400 | 308 |
| **Fortune Star BVI Ltd.**  |  |  |
| 3.950% due 10/02/2026  | 1800 | 2057 |
| 5.000% due 05/18/2026  | $1500 | 1474 |
| 5.050% due 01/27/2027  | 800 | 771 |
| Total Hong Kong (Cost $4,306) |  | 4610 |
| **HUNGARY 1.7%**  |  |  |
| **SOVEREIGN ISSUES 1.7%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 1.625% due 04/28/2032 (n)  | 1400 | 1436 |
| 1.750% due 06/05/2035  | 100 | 94 |
| 2.125% due 09/22/2031  | $4000 | 3333 |
| 3.125% due 09/21/2051  | 1400 | 829 |
| 5.375% due 09/26/2030  | 3000 | 3031 |
| 5.500% due 03/26/2036  | 8600 | 8306 |
| 6.000% due 09/26/2035  | 2000 | 2013 |
| 6.125% due 05/22/2028  | 4900 | 5065 |
| 6.750% due 09/25/2052  | 2300 | 2346 |
| 6.750% due 09/23/2055  | 1600 | 1614 |
| 7.625% due 03/29/2041 (n)  | 4400 | 4971 |
| **Magyar Export-Import Bank Zrt** <br>6.125% due 12/04/2027 | 3600 | 3687 |
| Total Hungary (Cost $36,179) |  | 36725 |
| **INDIA 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Adani Transmission Step-One Ltd.** <br>4.250% due 05/21/2036 | $904 | 770 |
| **IIFL Finance Ltd.** <br>8.750% due 07/24/2028 | 2400 | 2416 |
| **ReNew Pvt Ltd.** <br>5.875% due 03/05/2027 | 600 | 596 |
| **ReNew Wind Energy AP2** <br>4.500% due 07/14/2028 | 3300 | 3134 |
| Total India (Cost $7,157) |  | 6916 |
| **INDONESIA 3.6%**  |  |  |
| **CORPORATE BONDS & NOTES 2.9%**  |  |  |
| **Freeport Indonesia PT** <br>5.315% due 04/14/2032 | $6000 | 6020 |
| **Indonesia Asahan Aluminium PT** <br>5.450% due 05/15/2030 | 11700 | 11916 |
| **Pertamina Hulu Energi PT** <br>5.250% due 05/21/2030 | 7900 | 7985 |
| **Pertamina Persero PT**  |  |  |
| 6.000% due 05/03/2042  | 2430 | 2400 |
| 6.450% due 05/30/2044  | 5100 | 5235 |
| **Perusahaan Perseroan Persero PT Perusahaan Listrik Negara**  |  |  |
| 4.000% due 06/30/2050  | 11800 | 8318 |
| 4.375% due 02/05/2050  | 4300 | 3272 |
| 5.250% due 10/24/2042  | 6600 | 5891 |
| 5.250% due 05/15/2047  | 6500 | 5636 |
| 5.450% due 05/21/2028  | 250 | 255 |
| 6.250% due 01/25/2049  | 4800 | 4746 |
|  |  | 61674 |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Indonesia Government International Bond**  |  |  |
| 1.100% due 03/12/2033  | 3800 | 3750 |
| 3.875% due 01/15/2033  | 2700 | 3246 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.125% due 01/15/2037  | 3100 | 3699 |
| 4.200% due 10/15/2050  | $400 | 323 |
| 5.250% due 01/17/2042  | 400 | 393 |
| 5.650% due 01/11/2053  | 700 | 694 |
| 6.750% due 01/15/2044  | 2100 | 2352 |
| **Perusahaan Penerbit SBSN Indonesia**  |  |  |
| 3.800% due 06/23/2050  | 300 | 224 |
| 5.650% due 11/25/2054  | 900 | 886 |
|  |  | 15567 |
| Total Indonesia (Cost $80,942) |  | 77241 |
| **IRELAND 1.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **CIMA Finance DAC** <br>2.950% due 09/05/2029 | $2204 | 2027 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 8100 | 9610 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Avenir Issuer Ireland DAC** <br>6.000% due 03/22/2027 | $2016 | 1953 |
| **Republic of Angola Via Avenir Issuer Ireland DAC** <br>6.927% due 02/19/2027 | 12643 | 11920 |
|  |  | 13873 |
| Total Ireland (Cost $25,049) |  | 25510 |
| **ISRAEL 0.9%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **ICL Group Ltd.** <br>6.375% due 05/31/2038 | $2919 | 2951 |
| **Israel Electric Corp. Ltd.**  |  |  |
| 3.750% due 02/22/2032  | 3000 | 2688 |
| 4.250% due 08/14/2028  | 2700 | 2629 |
| **Leviathan Bond Ltd.** <br>6.500% due 06/30/2027 | 4600 | 4581 |
|  |  | 12849 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 4.500% due 01/30/2043 (n)  | 2800 | 2327 |
| 5.750% due 03/12/2054  | 2900 | 2690 |
| **State of Israel** <br>2.500% due 01/15/2030 | 1000 | 906 |
|  |  | 5923 |
| Total Israel (Cost $18,974) |  | 18772 |
| **ITALY 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.875% due 04/30/2029 | $1500 | 1570 |
| Total Italy (Cost $1,490) |  | 1570 |
| **IVORY COAST 1.7%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.7%**  |  |  |
| **Republic of Cote d'Ivoire**  |  |  |
| 5.028% - 5.159% (EUR003M + 2.850%) due 03/18/2026 «~ | 2900 | 3389 |
| 5.403% (EUR006M + 3.050%) due 03/09/2026 «~ | 10000 | 11736 |
|  |  | 15125 |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Ivory Coast Government International Bond**  |  |  |
| 4.875% due 01/30/2032  | 3666 | 3877 |
| 5.250% due 03/22/2030  | 847 | 956 |
| 5.750% due 12/31/2032  | $2997 | 2864 |
| 5.875% due 10/17/2031  | 2200 | 2455 |
| 6.625% due 03/22/2048  | 1000 | 922 |
| 6.875% due 10/17/2040  | 4700 | 4720 |
| 7.625% due 01/30/2033  | $1200 | 1186 |
| 8.075% due 04/01/2036  | 1400 | 1353 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 8.250% due 01/30/2037  | 1900 | 1835 |
| 8.250% due 01/30/2037 (n)  | 1800 | 1738 |
|  |  | 21906 |
| Total Ivory Coast (Cost $34,897) |  | 37031 |
| **JAMAICA 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **TransJamaican Highway Ltd.** <br>5.750% due 10/10/2036 | $1673 | 1556 |
| Total Jamaica (Cost $1,676) |  | 1556 |
| **JORDAN 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Jordan Government International Bond**  |  |  |
| 6.125% due 01/29/2026  | $2000 | 1997 |
| 7.375% due 10/10/2047  | 4250 | 3772 |
| Total Jordan (Cost $5,993) |  | 5769 |
| **KAZAKHSTAN 1.0%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **KazMunayGas National Co. JSC**  |  |  |
| 3.500% due 04/14/2033  | $1885 | 1637 |
| 5.750% due 04/19/2047  | 7600 | 6623 |
| **QazaqGaz NC JSC** <br>4.375% due 09/26/2027 | 1000 | 980 |
| **Tengizchevroil Finance Co. International Ltd.**  |  |  |
| 3.250% due 08/15/2030  | 7700 | 6861 |
| 4.000% due 08/15/2026  | 5600 | 5530 |
| Total Kazakhstan (Cost $21,957) |  | 21631 |
| **KENYA 0.7%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **Republic of Kenya**<br>9.849% (PRIME + 5.400%) due 04/05/2028 «~ | $2700 | 2694 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Republic of Kenya Government International Bond**  |  |  |
| 7.250% due 02/28/2028  | 2300 | 2262 |
| 8.000% due 05/22/2032  | 300 | 281 |
| 9.500% due 03/05/2036  | 3300 | 3117 |
| 9.750% due 02/16/2031  | 6300 | 6405 |
|  |  | 12065 |
| Total Kenya (Cost $14,630) |  | 14759 |
| **LATVIA 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Latvia Government International Bond** <br>5.125% due 07/30/2034 | $4600 | 4607 |
| Total Latvia (Cost $4,558) |  | 4607 |
| **LEBANON 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Lebanon Government International Bond** <br>8.250% due 05/17/2034 ^(c) | $8300 | 1585 |
| Total Lebanon (Cost $529) |  | 1585 |
|  | SHARES |  |
| **LUXEMBOURG 2.4%**  |  |  |
| **COMMON STOCKS 0.2%**  |  |  |
| **Drillco Holding Lux SA «(l)** | 154744 | 3172 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Foresea** **Holdings SA «** | 61095 | 1253 |
|  |  | 4425 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 2.2%**  |  |  |
| **Chile Electricity Lux MPC SARL**  |  |  |
| 5.580% due 10/20/2035  | $1271 | 1273 |
| 5.672% due 10/20/2035  | 1300 | 1310 |
| 6.010% due 01/20/2033  | 5022 | 5209 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 2689 | 2557 |
| **Greensaif Pipelines Bidco SARL**  |  |  |
| 5.853% due 02/23/2036  | 3800 | 3847 |
| 6.103% due 08/23/2042  | 4700 | 4707 |
| 6.129% due 02/23/2038  | 4200 | 4333 |
| 6.510% due 02/23/2042  | 3400 | 3526 |
| **Guara Norte SARL** <br>5.198% due 06/15/2034 | 7529 | 7141 |
| **Petrorio Luxembourg Holding SARL** <br>6.125% due 06/09/2026 | 6300 | 6316 |
| **Raizen Fuels Finance SA** <br>6.250% due 07/08/2032 (a) | 3000 | 2981 |
| **Saavi Energia SARL** <br>8.875% due 02/10/2035 | 3700 | 3866 |
|  |  | 47066 |
| Total Luxembourg (Cost $49,161) |  | 51491 |
| **MACEDONIA 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **North Macedonia Government International Bond** <br>6.960% due 03/13/2027 | 6400 | 7910 |
| Total Macedonia (Cost $6,804) |  | 7910 |
| **MALAYSIA 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Petronas Capital Ltd.**  |  |  |
| 3.404% due 04/28/2061  | $1200 | 784 |
| 4.800% due 04/21/2060  | 5230 | 4505 |
| 5.848% due 04/03/2055  | 9600 | 9743 |
| Total Malaysia (Cost $15,674) |  | 15032 |
|  | SHARES |  |
| **MEXICO 8.2%**  |  |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **Hipotecaria Su Casita SA** « **(d)** | 93349 | 0 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 4.5%**  |  |  |
| **Banco Mercantil del Norte SA**  |  |  |
| 6.625% due 01/24/2032 •(i)(j)  | $800 | 743 |
| 8.375% due 10/14/2030 •(i)(j)  | 700 | 726 |
| 8.375% due 05/20/2031 •(i)(j)  | 2100 | 2130 |
| 8.750% due 05/20/2035 •(i)(j)  | 2600 | 2629 |
| **Banco Nacional de Comercio Exterior SNC** <br>5.875% due 05/07/2030 | 4100 | 4164 |
| **BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico** <br>7.625% due 02/11/2035 •(j) | 2700 | 2779 |
| **Gruma SAB de CV** <br>5.761% due 12/09/2054 | 3100 | 2938 |
| **Industrias Penoles SAB de CV** <br>4.750% due 08/06/2050 | 2900 | 2217 |
| **Minera Mexico SA de CV** <br>4.500% due 01/26/2050 | 3600 | 2787 |
| **Petroleos Mexicanos**  |  |  |
| 6.350% due 02/12/2048  | 6038 | 4208 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.375% due 01/23/2045  | 8450 | 5991 |
| 6.500% due 06/02/2041  | 17100 | 12713 |
| 6.625% due 06/15/2035  | 1225 | 1033 |
| 6.700% due 02/16/2032 (n)  | 25020 | 23268 |
| 6.950% due 01/28/2060  | 13420 | 9652 |
| 7.690% due 01/23/2050  | 7900 | 6219 |
| 10.000% due 02/07/2033  | 9700 | 10391 |
| **Trust Fibra Uno** <br>6.390% due 01/15/2050 | 2900 | 2425 |
|  |  | 97013 |
| **SOVEREIGN ISSUES 3.7%**  |  |  |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (h)  | 151315 | 7147 |
| 4.000% due 11/30/2028 (h)  | 47511 | 2482 |
| **Mexico Government International Bond**  |  |  |
| 2.250% due 08/12/2036  | 5100 | 4672 |
| 3.771% due 05/24/2061  | $4200 | 2491 |
| 4.000% due 03/15/2115  | 1000 | 786 |
| 5.000% due 04/27/2051  | $1300 | 1011 |
| 5.750% due 10/12/2110  | 10300 | 8152 |
| 5.850% due 07/02/2032 (a)  | 10652 | 10793 |
| 6.000% due 05/07/2036  | 4740 | 4690 |
| 6.338% due 05/04/2053  | 299 | 275 |
| 6.350% due 02/09/2035  | 800 | 821 |
| 6.400% due 05/07/2054  | 2200 | 2031 |
| 6.625% due 01/29/2038 (a)  | 3200 | 3253 |
| 6.875% due 05/13/2037  | 17700 | 18504 |
| 7.375% due 05/13/2055  | 11000 | 11382 |
|  |  | 78490 |
| Total Mexico (Cost $179,714) |  | 175503 |
| **MONGOLIA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Mongolia Government International Bond** <br>7.875% due 06/05/2029 | $500 | 522 |
| Total Mongolia (Cost $496) |  | 522 |
| **MOROCCO 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **OCP SA**  |  |  |
| 3.750% due 06/23/2031  | $4550 | 4086 |
| 5.125% due 06/23/2051  | 11300 | 8594 |
| 6.700% due 03/01/2036  | 2100 | 2114 |
| Total Morocco (Cost $15,691) |  | 14794 |
| **NAMIBIA 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Namibia Government International Bond** <br>5.250% due 10/29/2025 | $5000 | 4964 |
| Total Namibia (Cost $4,970) |  | 4964 |
|  | SHARES |  |
| **NETHERLANDS 0.9%**  |  |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **Stichting Administratiekantoor (d)** | 13778 | 0 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **NE Property BV** <br>1.875% due 10/09/2026 | 200 | 233 |
| **Prosus NV**  |  |  |
| 1.539% due 08/03/2028  | 500 | 564 |
| 2.031% due 08/03/2032  | 600 | 632 |
| 3.061% due 07/13/2031  | $200 | 177 |
| 3.257% due 01/19/2027  | 1000 | 979 |
| 3.680% due 01/21/2030  | 900 | 849 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.027% due 08/03/2050  | 600 | 402 |
| **Unigel Netherlands Holding Corp. BV (15.000% Cash or 15.000% PIK)**<br>15.000% due 12/31/2044 ^(b)(d) | 148 | 96 |
| **Yinson Bergenia Production BV** <br>8.498% due 01/31/2045 (a) | 5000 | 5067 |
| **Yinson Boronia Production BV** <br>8.947% due 07/31/2042 | 4262 | 4542 |
|  |  | 13541 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **VEON Amsterdam BV**<br>8.531% - 10.750% (TSFR3M + 3.250%) due 03/25/2027 «~ | 5900 | 5902 |
| Total Netherlands (Cost $19,522) |  | 19443 |
| **NIGERIA 1.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **BOI Finance BV** <br>7.500% due 02/16/2027 | 8600 | 10340 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Bank of Industry Ltd.**<br>3.695% (EUR003M + 1.700%) due 08/23/2027 ~ | 3900 | 4563 |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Nigeria Government International Bond**  |  |  |
| 7.143% due 02/23/2030  | $800 | 763 |
| 7.375% due 09/28/2033  | 800 | 716 |
| 7.625% due 11/28/2047  | 1200 | 955 |
| 7.696% due 02/23/2038  | 3300 | 2865 |
| 7.875% due 02/16/2032  | 4800 | 4563 |
| 8.747% due 01/21/2031  | 650 | 655 |
| 9.625% due 06/09/2031  | 2400 | 2515 |
| 10.375% due 12/09/2034  | 2400 | 2530 |
|  |  | 15562 |
| Total Nigeria (Cost $29,258) |  | 30465 |
| **OMAN 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Oman Government International Bond**  |  |  |
| 5.625% due 01/17/2028  | $3830 | 3919 |
| 6.000% due 08/01/2029  | 5900 | 6194 |
| 6.750% due 10/28/2027  | 1300 | 1362 |
| 7.000% due 01/25/2051  | 8500 | 9051 |
| Total Oman (Cost $19,477) |  | 20526 |
| **PAKISTAN 0.7%**  |  |  |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Pakistan Government International Bond**  |  |  |
| 6.000% due 04/08/2026  | $10000 | 9858 |
| 6.875% due 12/05/2027  | 1000 | 947 |
| 8.250% due 09/30/2025  | 3000 | 2998 |
| **Pakistan Water & Power Development Authority** <br>7.500% due 06/04/2031 | 900 | 725 |
| Total Pakistan (Cost $13,863) |  | 14528 |
| **PANAMA 1.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Aeropuerto Internacional de Tocumen SA** <br>5.125% due 08/11/2061 | $3100 | 2186 |
| **Banco General SA**  |  |  |
| 5.250% due 05/07/2031 •(i)(j)  | 3200 | 2888 |
| 5.250% due 05/07/2031 •(i)  | 800 | 722 |
| **ENA Norte Trust** <br>4.950% due 04/25/2028 | 557 | 538 |
|  |  | 6334 |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Panama Government International Bond**  |  |  |
| 4.300% due 04/29/2053  | 4000 | 2594 |
| 4.500% due 05/15/2047  | 200 | 139 |
| 4.500% due 01/19/2063  | 4800 | 3102 |
| 6.400% due 02/14/2035  | 1000 | 976 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.700% due 01/26/2036  | 8500 | 8474 |
| 6.853% due 03/28/2054  | 2700 | 2480 |
| 6.875% due 01/31/2036  | 2700 | 2691 |
| 7.875% due 03/01/2057 (n)  | 3300 | 3366 |
| 8.000% due 03/01/2038  | 2300 | 2470 |
| 8.125% due 04/28/2034  | 2860 | 3089 |
| 9.375% due 04/01/2029  | 518 | 586 |
|  |  | 29967 |
| Total Panama (Cost $40,072) |  | 36301 |
| **PARAGUAY 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Paraguay Government International Bond**  |  |  |
| 2.739% due 01/29/2033  | $800 | 683 |
| 3.849% due 06/28/2033  | 600 | 546 |
| 5.400% due 03/30/2050  | 200 | 172 |
| 5.600% due 03/13/2048  | 200 | 178 |
| 5.850% due 08/21/2033  | 700 | 717 |
| 6.000% due 02/09/2036  | 1000 | 1019 |
| 6.650% due 03/04/2055  | 2700 | 2704 |
| 7.900% due 02/09/2031  | 23766000 | 2884 |
| 8.500% due 03/04/2035  | 16023000 | 1961 |
| Total Paraguay (Cost $11,546) |  | 10864 |
| **PERU 2.4%**  |  |  |
| **CORPORATE BONDS & NOTES 1.5%**  |  |  |
| **Credicorp Capital Sociedad Titulizadora SA**  |  |  |
| 9.700% due 03/05/2045 «  | 22100 | 6516 |
| 10.100% due 12/15/2043  | 12400 | 3719 |
| **InRetail Consumer** <br>3.250% due 03/22/2028 | $11600 | 11012 |
| **Kallpa Generacion SA** <br>5.875% due 01/30/2032 | 1300 | 1333 |
| **Niagara Energy SAC** <br>5.746% due 10/03/2034 | 2500 | 2477 |
| **Petroleos del Peru SA** <br>5.625% due 06/19/2047 | 11600 | 7347 |
|  |  | 32404 |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 5.400% due 08/12/2034  | 2000 | 535 |
| 5.500% due 03/30/2036  | $3200 | 3206 |
| 5.875% due 08/08/2054  | 9700 | 9379 |
| 6.150% due 08/12/2032  | 5200 | 1518 |
| 6.200% due 06/30/2055  | $3200 | 3218 |
| 6.900% due 08/12/2037  | 700 | 201 |
| 6.950% due 08/12/2031  | 2241 | 688 |
| 7.300% due 08/12/2033  | 1400 | 431 |
|  |  | 19176 |
| Total Peru (Cost $50,592) |  | 51580 |
| **PHILIPPINES 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **PLDT, Inc.** <br>3.450% due 06/23/2050 | $4700 | 3235 |
| **San Miguel Global Power Holdings Corp.** <br>8.125% due 12/02/2029 •(i) | 4500 | 4454 |
|  |  | 7689 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Philippines Government International Bond** <br>3.700% due 03/01/2041 | 6800 | 5528 |
| Total Philippines (Cost $14,802) |  | 13217 |
| **POLAND 1.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **ORLEN SA** <br>6.000% due 01/30/2035 | $2700 | 2775 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Bank Gospodarstwa Krajowego**  |  |  |
| 5.750% due 07/09/2034  | 10800 | 11129 |
| 6.250% due 07/09/2054  | 4400 | 4375 |
| **Republic of Poland Government International Bond**  |  |  |
| 4.875% due 02/12/2030  | 900 | 919 |
| 5.375% due 02/12/2035  | 5500 | 5613 |
| 5.500% due 04/04/2053  | 5100 | 4758 |
|  |  | 26794 |
| Total Poland (Cost $29,339) |  | 29569 |
| **QATAR 1.4%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **QatarEnergy**  |  |  |
| 2.250% due 07/12/2031  | $10500 | 9210 |
| 3.125% due 07/12/2041  | 5050 | 3734 |
| 3.300% due 07/12/2051  | 13300 | 8992 |
|  |  | 21936 |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Qatar Government International Bond**  |  |  |
| 4.400% due 04/16/2050  | 2700 | 2286 |
| 4.817% due 03/14/2049  | 5180 | 4658 |
| 5.103% due 04/23/2048  | 2375 | 2242 |
|  |  | 9186 |
| Total Qatar (Cost $34,729) |  | 31122 |
| **ROMANIA 2.1%**  |  |  |
| **SOVEREIGN ISSUES 2.1%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 2.124% due 07/16/2031  | 4450 | 4367 |
| 2.125% due 03/07/2028  | 500 | 568 |
| 2.375% due 04/19/2027  | 350 | 408 |
| 2.750% due 04/14/2041  | 700 | 515 |
| 2.875% due 04/13/2042  | 4600 | 3380 |
| 3.375% due 01/28/2050  | 3500 | 2489 |
| 3.500% due 04/03/2034 (n)  | 900 | 884 |
| 3.750% due 02/07/2034  | 200 | 202 |
| 4.625% due 04/03/2049  | 1000 | 883 |
| 5.250% due 03/10/2030  | 7400 | 8911 |
| 5.250% due 05/30/2032  | 6200 | 7197 |
| 5.625% due 05/30/2037  | 5400 | 5995 |
| 6.125% due 01/22/2044 (n)  | $5300 | 4801 |
| 6.375% due 09/18/2033  | 2800 | 3400 |
| Total Romania (Cost $44,976) |  | 44000 |
| **RUSSIA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Russia Government International Bond** <br>7.500% due 03/31/2030 | $110 | 73 |
| Total Russia (Cost $20) |  | 73 |
| **RWANDA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Rwanda Government International Bond** <br>5.500% due 08/09/2031 | $1200 | 1026 |
| Total Rwanda (Cost $965) |  | 1026 |
| **SAUDI ARABIA 2.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.9%**  |  |  |
| **Saudi Arabian Oil Co.**  |  |  |
| 3.500% due 11/24/2070  | $3200 | 1921 |
| 4.250% due 04/16/2039  | 3100 | 2704 |
| 5.750% due 07/17/2054  | 3700 | 3477 |
| 5.875% due 07/17/2064  | 6700 | 6130 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.375% due 06/02/2055 (n)  | 5000 | 5003 |
|  |  | 19235 |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Saudi Government International Bond**  |  |  |
| 3.450% due 02/02/2061  | 8000 | 4971 |
| 3.750% due 01/21/2055  | 4200 | 2873 |
| 4.500% due 10/26/2046  | 22300 | 18399 |
| 4.625% due 10/04/2047  | 1400 | 1170 |
| 5.000% due 01/18/2053  | 200 | 171 |
|  |  | 27584 |
| Total Saudi Arabia (Cost $53,342) |  | 46819 |
| **SENEGAL 0.8%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Republic of Senegal Ministry of Finance and Budget**<br>7.871% (EUR006M + 5.800%) due 12/22/2028 «~ | 5000 | 5164 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Senegal Government International Bond**  |  |  |
| 4.750% due 03/13/2028  | 6000 | 5607 |
| 5.375% due 06/08/2037  | 8700 | 6371 |
| 6.750% due 03/13/2048  | $1300 | 788 |
|  |  | 12766 |
| Total Senegal (Cost $20,780) |  | 17930 |
| **SERBIA 1.6%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.5%**  |  |  |
| **Project Mercury**<br>0.400% - 6.668% (EUR006M + 4.200%) due 08/11/2030 «~ | 5000 | 6083 |
| **Tesler**<br>1.000% due 05/21/2028 | 4500 | 5242 |
|  |  | 11325 |
| **SOVEREIGN ISSUES 1.1%**  |  |  |
| **Serbia Government International Bond**  |  |  |
| 1.000% due 09/23/2028  | 500 | 544 |
| 1.500% due 06/26/2029  | 5000 | 5381 |
| 1.650% due 03/03/2033 (n)  | 2400 | 2321 |
| 3.125% due 05/15/2027  | 800 | 939 |
| 3.125% due 05/15/2027 (n)  | 5820 | 6832 |
| 6.000% due 06/12/2034  | $1900 | 1921 |
| 6.250% due 05/26/2028  | 300 | 310 |
| 6.500% due 09/26/2033 (n)  | 3600 | 3795 |
| 6.500% due 09/26/2033  | 1200 | 1265 |
|  |  | 23308 |
| Total Serbia (Cost $32,552) |  | 34633 |
| **SINGAPORE 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Yinson Production Financial Services Pte. Ltd.** <br>9.625% due 05/03/2029 | $1600 | 1663 |
| Total Singapore (Cost $1,574) |  | 1663 |
| **SOUTH AFRICA 2.1%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **Eskom Holdings SOC Ltd.**  |  |  |
| 4.314% due 07/23/2027  | $6200 | 6050 |
| 6.350% due 08/10/2028  | 7200 | 7285 |
| 8.450% due 08/10/2028  | 2800 | 2949 |
| **Sasol Financing USA LLC**  |  |  |
| 6.500% due 09/27/2028  | 1150 | 1094 |
| 8.750% due 05/03/2029  | 4100 | 4063 |
|  |  | 21441 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Transnet SOC Ltd.**<br>11.558% (JIBA3M + 4.000%) due 03/02/2028 «~ | 66000 | 3698 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 7.100% due 11/19/2036  | $4200 | 4171 |
| 7.950% due 11/19/2054  | 3600 | 3441 |
| 8.500% due 01/31/2037  | 29300 | 1441 |
| 8.875% due 02/28/2035  | 206800 | 10908 |
|  |  | 19961 |
| Total South Africa (Cost $44,214) |  | 45100 |
| **SOUTH KOREA 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **SK Hynix, Inc.** <br>6.500% due 01/17/2033 | $6200 | 6704 |
| Total South Korea (Cost $6,564) |  | 6704 |
| **SRI LANKA 0.6%**  |  |  |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Sri Lanka Government International Bond**  |  |  |
| 3.100% due 01/15/2030  | $2186 | 1954 |
| 3.350% due 03/15/2033  | 3488 | 2824 |
| 3.600% due 05/15/2036  | 2009 | 1640 |
| 3.600% due 02/15/2038  | 5221 | 4251 |
| 4.000% due 04/15/2028  | 1495 | 1407 |
| Total Sri Lanka (Cost $10,619) |  | 12076 |
| **SUPRANATIONAL 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Africa Finance Corp.** <br>2.870% due 08/13/2031 | $200 | 171 |
| Total Supranational (Cost $167) |  | 171 |
| **TANZANIA 0.2%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **The Ministry of Finance and Planning, Government of the United Republic of Tanzania**<br>7.541% (EUR006M + 5.400%) due 04/26/2028 ~ | 2836 | 3346 |
| Total Tanzania (Cost $3,327) |  | 3346 |
| **THAILAND 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Bangkok Bank PCL** <br>3.466% due 09/23/2036 •(j) | $2700 | 2405 |
| **PTTEP Treasury Center Co. Ltd.** <br>2.587% due 06/10/2027 | 400 | 385 |
| Total Thailand (Cost $3,105) |  | 2790 |
| **TRINIDAD AND TOBAGO 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **National Gas Co. of Trinidad & Tobago Ltd.** <br>6.050% due 01/15/2036 | $2000 | 1815 |
| **Trinidad Generation UnLtd.** <br>7.750% due 06/16/2033 | 1600 | 1659 |
| Total Trinidad and Tobago (Cost $3,409) |  | 3474 |
| **TUNISIA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Tunisian Republic International Bond** <br>3.280% due 08/09/2027 | 200000 | 1276 |
| Total Tunisia (Cost $1,946) |  | 1276 |
| **TURKEY 4.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Turkcell Iletisim Hizmetleri AS** <br>7.450% due 01/24/2030 | $3200 | 3262 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Turkish** **Airlines Pass-Through Trust** <br>4.200% due 09/15/2028 | 785 | 761 |
|  |  | 4023 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.9%**  |  |  |
| **Republic of Turkey**<br>8.343% (EUR006M + 6.210%) due 04/27/2031 «~ | 5700 | 7321 |
| **SOCAR Turkey Enerji AS**<br>5.931% (EUR006M + 3.450%) due 08/11/2026 ~ | 7600 | 8936 |
| **Turkiye Vakiflar Bankasi TAO**<br>5.001% (EUR003M + 3.000%) due 12/15/2028 «~ | 1800 | 2128 |
|  |  | 18385 |
| **SOVEREIGN ISSUES 3.3%**  |  |  |
| **Hazine Mustesarligi Varlik Kiralama AS** <br>6.750% due 09/01/2030 (a) | $4200 | 4199 |
| **Turkiye Government International Bond**  |  |  |
| 4.875% due 04/16/2043  | 15500 | 10946 |
| 5.750% due 05/11/2047  | 34400 | 25865 |
| 6.000% due 01/14/2041  | 780 | 645 |
| 7.250% due 05/29/2032  | 11400 | 11457 |
| 7.625% due 05/15/2034  | 1100 | 1129 |
| 46.872% due 06/16/2027 ~  | 137100 | 3423 |
| 49.053% due 05/20/2026 ~  | 13300 | 336 |
| 49.053% due 08/19/2026 ~  | 30100 | 759 |
| 49.053% due 05/17/2028 ~  | 294300 | 7169 |
| **Turkiye Ihracat Kredi Bankasi AS**  |  |  |
| 6.875% due 07/03/2028  | $2000 | 2004 |
| 7.500% due 02/06/2028  | 3400 | 3477 |
|  |  | 71409 |
| Total Turkey (Cost $95,278) |  | 93817 |
| **UGANDA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Republic of Uganda Government International Bond**  |  |  |
| 14.375% due 02/03/2033  | 8884000 | 2232 |
| 15.000% due 06/18/2043  | 1735300 | 417 |
| 15.800% due 06/23/2039  | 115000 | 29 |
| Total Uganda (Cost $2,561) |  | 2678 |
| **UKRAINE 0.8%**  |  |  |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2030 (g)  | $1076 | 520 |
| 0.000% due 02/01/2034 (g)  | 4022 | 1561 |
| 0.000% due 02/01/2035 (g)  | 1192 | 566 |
| 0.000% due 08/01/2041  | 7550 | 5455 |
| 1.750% due 02/01/2034  | 10432 | 5425 |
| 1.750% due 02/01/2035  | 3131 | 1606 |
| 1.750% due 02/01/2036  | 4886 | 2443 |
| Total Ukraine (Cost $15,078) |  | 17576 |
| **UNITED ARAB EMIRATES 1.9%**  |  |  |
| **CORPORATE BONDS & NOTES 1.4%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC**  |  |  |
| 5.250% due 10/02/2054  | $4100 | 3808 |
| 5.500% due 05/08/2034  | 4200 | 4370 |
| **Adnoc Murban Rsc Ltd.** <br>5.125% due 09/11/2054 | 14700 | 13426 |
| **DP World Ltd.**  |  |  |
| 4.700% due 09/30/2049  | 500 | 412 |
| 5.625% due 09/25/2048  | 1050 | 981 |
| 6.850% due 07/02/2037  | 1850 | 2020 |
| **MDGH GMTN RSC Ltd.**  |  |  |
| 5.084% due 05/22/2053  | 1500 | 1372 |
| 5.875% due 05/01/2034  | 3400 | 3618 |
| **Ruwais Power Co. PJSC** <br>6.000% due 08/31/2036 | 420 | 434 |
|  |  | 30441 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **NMC Healthcare LLC**<br>10.855% (US0003M + 6.000%) due 03/25/2027 ~ | 11216 | 3058 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Emirate of Abu Dhabi Government International Bond** <br>5.500% due 04/30/2054 | $6900 | 6885 |
| **Emirate of Dubai Government International Bond** <br>3.900% due 09/09/2050 | 400 | 284 |
| **Finance Department Government of Sharjah** <br>4.375% due 03/10/2051 | 2950 | 2002 |
|  |  | 9171 |
| Total United Arab Emirates (Cost $43,980) |  | 42670 |
| **UNITED KINGDOM 2.0%**  |  |  |
| **CORPORATE BONDS & NOTES 1.6%**  |  |  |
| **Antofagasta PLC** <br>6.250% due 05/02/2034 | $3200 | 3358 |
| **Azule Energy Finance PLC** <br>8.125% due 01/23/2030 | 2300 | 2280 |
| **Fresnillo PLC** <br>4.250% due 10/02/2050 | 5000 | 3649 |
| **NAK Naftogaz Ukraine via Kondor Finance PLC** <br>7.125% due 07/19/2026 | 695 | 704 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (f) | $20070 | 14282 |
| **Standard Chartered Bank**  |  |  |
| 0.000% due 11/03/2025 (f)  | 463600 | 1452 |
| 0.000% due 12/01/2025 «(f)  | 516000 | 1603 |
| **Ukraine Railways Via Rail Capital Markets PLC** <br>8.250% due 07/09/2026 | $3901 | 3238 |
| **Vedanta Resources Finance PLC**  |  |  |
| 9.475% due 07/24/2030  | 1300 | 1290 |
| 9.850% due 04/24/2033  | 1400 | 1405 |
|  |  | 33261 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.4%**  |  |  |
| **Canada Square Funding PLC**  |  |  |
| 5.161% due 01/17/2059 •  | 2137 | 2939 |
| 5.189% (SONIA3M IR + 0.950%) due 06/17/2058 ~  | 740 | 1017 |
| **Polaris PLC** <br>5.524% due 05/23/2059 •  | 1134 | 1557 |
| **Rochester Financing PLC** <br>4.939% due 12/18/2044 •  | 1672 | 2294 |
| **Tower Bridge Funding PLC** <br>4.960% due 12/20/2063 •  | 771 | 1058 |
|  |  | 8865 |
| Total United Kingdom (Cost $40,833) |  | 42126 |
| **UNITED STATES 6.3%**  |  |  |
| **ASSET-BACKED SECURITIES 0.5%**  |  |  |
| **Aames Mortgage Investment Trust** <br>4.914% due 04/25/2036 •  | $642 | 596 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.484% due 11/25/2034 •  | 83 | 82 |
| **Argent Securities Trust** <br>4.734% due 07/25/2036 •  | 535 | 481 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.914% due 02/25/2037 •  | 1399 | 1359 |
| 5.559% due 11/25/2035 •  | 1652 | 1636 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>3.114% due 01/25/2037 þ | 6568 | 1815 |
| **GSAA Home Equity Trust** <br>6.502% due 11/25/2036 þ | 960 | 356 |
| **Home Equity Asset Trust** <br>5.784% due 02/25/2033 •  | 52 | 50 |
| **MASTR Asset-Backed Securities Trust** <br>5.134% due 09/25/2034 •  | 120 | 104 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 5.199% due 01/25/2035 •  | 23 | 23 |
| 5.229% due 03/25/2034 •  | 1746 | 1841 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 5.154% due 04/25/2037 •  | 224 | 59 |
| 6.000% due 02/25/2037 ~  | 49 | 27 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust** <br>4.734% due 07/25/2036 •  | 298 | 279 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.654% due 04/25/2037 •  | 499 | 335 |
| 4.654% due 05/25/2037 •  | 202 | 122 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.214% due 09/25/2035 •  | 1600 | 1461 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Saxon** **Asset Securities Trust** <br>4.744% due 09/25/2037 •  | 200 | 193 |
| **Soundview Home Loan Trust**  |  |  |
| 4.959% due 03/25/2036 •  | 95 | 95 |
| 5.334% due 10/25/2037 •  | 627 | 481 |
|  |  | 11395 |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Credit Suisse AG AT1 Claim**  | 2000 | 240 |
| **Rio Oil Finance Trust**  |  |  |
| 8.200% due 04/06/2028  | 2947 | 3074 |
| 9.750% due 01/06/2027  | 1636 | 1693 |
| **Rutas 2 & 7 Finance Ltd.** <br>0.000% due 09/30/2036 (f) | 4577 | 3321 |
| **VB DPR Finance Co.** <br>6.833% due 03/15/2035 «(l) | 6100 | 5981 |
|  |  | 14309 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Castlelake LP**<br>2.950% due 05/13/2031 « | 4444 | 4198 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.2%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>5.107% due 11/25/2035 ~ | 56 | 39 |
| **Arroyo Mortgage Trust** <br>4.950% due 07/25/2057 þ | 1543 | 1539 |
| **Banc of America Funding Trust** <br>6.388% due 04/25/2037 | 79 | 69 |
| **BANK** <br>4.407% due 11/15/2061 ~ | 3200 | 3191 |
| **BCAP LLC Trust** <br>4.155% due 05/26/2037 ~ | 1740 | 1556 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.521% due 02/25/2036 ~  | 26 | 24 |
| 5.166% due 01/25/2035 ~  | 3 | 3 |
| **Benchmark Mortgage Trust**  |  |  |
| 3.666% due 01/15/2051 ~  | 1500 | 1468 |
| 4.261% due 10/10/2051  | 4100 | 4047 |
| **CIM Trust** <br>5.500% due 08/25/2064 ~ | 5311 | 5363 |
| **Citigroup Mortgage Loan Trust** <br>5.483% due 07/25/2046 ~ | 32 | 31 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>5.830% due 09/25/2035 •  | 8 | 8 |
| **CitiMortgage Alternative Loan Trust** <br>5.084% due 10/25/2036 •  | 413 | 319 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.784% due 05/25/2036 •  | 461 | 177 |
| 5.074% due 11/25/2035 •  | 72 | 65 |
| 5.750% due 03/25/2037 •  | 80 | 41 |
| 6.250% due 11/25/2036  | 51 | 37 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.252% due 03/25/2037 ~  | 28 | 24 |
| 4.376% due 02/25/2047 ~  | 35 | 31 |
| 4.860% due 09/25/2047 ~  | 18 | 16 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 0.938% due 05/25/2066 ~  | 3291 | 2791 |
| 1.756% due 10/25/2066 ~  | 1746 | 1537 |
| 2.000% due 01/25/2060 ~  | 1587 | 1406 |
| 3.241% due 11/30/2037 ~  | 526 | 480 |
| 6.421% due 10/25/2037 ~  | 483 | 281 |
| **CSAB Mortgage-Backed Trust**  |  |  |
| 6.220% due 09/25/2036  | 144 | 40 |
| 6.672% due 06/25/2036 þ  | 206 | 52 |
| **Deutsche Alt-A Securities, Inc. Mortgage Loan Trust** <br>5.500% due 12/25/2035 | 81 | 68 |
| **Deutsche Alt-B Securities Mortgage Loan Trust**  |  |  |
| 6.369% due 10/25/2036  | 46 | 40 |
| 6.386% due 10/25/2036  | 46 | 40 |
| **Ellington Financial Mortgage Trust** <br>5.900% due 09/25/2067 | 5277 | 5301 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 01/25/2036 •  | 107 | 87 |
| **HarborView Mortgage Loan Trust** <br>5.514% due 08/19/2036 ~ | 2 | 2 |
| **Impac CMB Trust** <br>5.074% due 03/25/2035 •  | 59 | 57 |
| **IndyMac INDA Mortgage Loan Trust**  |  |  |
| 3.500% due 11/25/2037 ~  | 456 | 377 |
| 3.795% due 08/25/2036 ~  | 96 | 75 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.446% due 06/25/2036 ~  | 74 | 64 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.678% due 10/25/2035 ~  | 66 | 53 |
| 4.734% due 06/25/2037 •  | 101 | 36 |
| 4.794% due 02/25/2037 •  | 363 | 343 |
| **JP Morgan Mortgage Trust**  |  |  |
| 5.078% due 11/25/2035 ~  | 22 | 18 |
| 5.290% due 08/25/2035 ~  | 14 | 14 |
| **JP Morgan Resecuritization Trust** <br>2.500% due 03/25/2056 | 48 | 47 |
| **Legacy Mortgage Asset Trust** <br>3.000% due 09/25/2059 ~ | 701 | 671 |
| **Lehman XS Trust**  |  |  |
| 4.814% due 09/25/2046 •  | 1353 | 1206 |
| 4.934% due 08/25/2037 •  | 1971 | 1937 |
| **Luminent Mortgage Trust** <br>4.794% due 12/25/2036 •  | 14 | 13 |
| **MASTR Alternative Loan Trust** <br>4.834% due 03/25/2036 •  | 131 | 12 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 6.000% due 09/25/2036  | 644 | 509 |
| 6.500% due 07/25/2037  | 218 | 180 |
| **Sequoia Mortgage Trust** <br>4.731% due 01/20/2047 ~ | 20 | 14 |
| **SG Residential Mortgage Trust** <br>5.353% due 08/25/2062 | 7879 | 7869 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.519% due 11/25/2035 ~  | 16 | 15 |
| 4.556% due 09/25/2036 ~  | 108 | 73 |
| 6.210% due 10/25/2037 •  | 56 | 50 |
| **SunTrust Adjustable Rate Mortgage Loan Trust** <br>4.979% due 10/25/2037 ~ | 245 | 219 |
| **TBW Mortgage-Backed Trust** <br>6.470% due 09/25/2036 | 568 | 13 |
| **TIB Diversified Payment Rights Finance Co.** <br>7.962% due 11/15/2034 «(l) | 2500 | 2501 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.413% due 05/25/2037 ~  | 71 | 57 |
| 3.716% due 04/25/2037 ~  | 40 | 37 |
| 3.775% due 01/25/2037 ~  | 57 | 49 |
| 4.252% due 12/25/2036 ~  | 115 | 105 |
| 4.585% due 03/25/2036 ~  | 678 | 615 |
| 4.804% due 05/25/2034 •  | 52 | 49 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>7.414% due 10/25/2036 ~ | 137 | 132 |
|  |  | 47583 |
| **U.S. GOVERNMENT AGENCIES 1.2%**  |  |  |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 07/01/2055 | 6200 | 5766 |
| 4.500% due 08/01/2055 | 6200 | 5928 |
| 5.000% due 08/01/2055 | 6500 | 6367 |
| 5.500% due 08/01/2055 | 7650 | 7643 |
|  |  | 25704 |
| **U.S. TREASURY OBLIGATIONS 1.5%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.750% due 08/15/2041 (p) | 11700 | 7771 |
| 3.250% due 05/15/2042 (p)(r) | 18000 | 14897 |
| 4.375% due 08/15/2043 (r) | 500 | 477 |
| **U.S. Treasury Notes**  |  |  |
| 4.000% due 02/28/2030 (p)(r) | 8300 | 8383 |
|  |  | 31528 |
|  | SHARES |  |
| **WARRANTS 0.0%**  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(l)** | 3 | 0 |
| Total United States (Cost $143,462) |  | 134717 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **URUGUAY 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Uruguay Government International Bond**  |  |  |
| 5.100% due 06/18/2050  | $200 | 185 |
| 5.250% due 09/10/2060  | 5800 | 5275 |
| 5.442% due 02/14/2037  | 2900 | 2970 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Uruguay (Cost $8,853) |  | 8430 |
| **UZBEKISTAN 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Ipoteka-Bank ATIB** <br>5.500% due 11/19/2025 | 200 | 200 |
| **Uzbek Industrial & Construction Bank ATB**  |  |  |
| 8.950% due 07/24/2029  | 1500 | 1581 |
| 21.000% due 07/24/2027  | 27460000 | 2197 |
|  |  | 3978 |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Republic of Uzbekistan International Bond**  |  |  |
| 5.375% due 05/29/2027  | 4900 | 5918 |
| 5.375% due 02/20/2029  | $1400 | 1378 |
| **Uzbekneftegaz JSC** <br>4.750% due 11/16/2028 | 2900 | 2663 |
|  |  | 9959 |
| Total Uzbekistan (Cost $13,033) |  | 13937 |
| **VENEZUELA 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Petroleos de Venezuela SA**  |  |  |
| 5.375% due 04/12/2027 ^(c)  | 57299 | 7224 |
| 5.500% due 04/12/2037 ^(c)  | 2863 | 361 |
|  |  | 7585 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Venezuela Government International Bond**  |  |  |
| 7.000% due 03/31/2038 ^(c)  | 22240 | 3927 |
| 7.650% due 04/21/2035 ^(c)  | 15780 | 2566 |
| 9.250% due 05/07/2028 ^(c)  | 2740 | 486 |
| 11.950% due 08/05/2031 ^(c)  | 830 | 154 |
|  |  | 7133 |
| Total Venezuela (Cost $47,253) |  | 14718 |
| **VIETNAM 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Vietnam Government International Bond** <br>5.500% due 03/12/2028 (n) | 1061 | 1019 |
| Total Vietnam (Cost $1,030) |  | 1019 |
| **VIRGIN ISLANDS (BRITISH) 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Gerdau Trade, Inc.** <br>5.750% due 06/09/2035 | 3200 | 3206 |
| Total Virgin Islands (British) (Cost $3,198) |  | 3206 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 5.5%**  |  |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (k) | 6599750 | 6600 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (m) 3.7%** |  | 78830 |
| **NIGERIA TREASURY BILLS 1.3%**  |  |  |
| 29.206% due 08/19/2025 - 06/29/2026 (e)(f) | 48770439 | 27881 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **U.S. TREASURY BILLS 0.2%**  |  |  |
| 4.320% due 08/19/2025 - 10/21/2025 (e)(f)(r) | $4425 | 4378 |
| Total Short-Term Instruments (Cost $116,492) |  | 117689 |
| Total Investments in Securities (Cost $2,110,424) |  | 2076449 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 10.1%**  |  |  |
| **SHORT-TERM INSTRUMENTS 10.1%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 10.1%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 22149592 | 215671 |
| Total Short-Term Instruments (Cost $215,616) |  | 215671 |
| Total Investments in Affiliates (Cost $215,616) |  | 215671 |
| Total Investments 107.1% (Cost $2,326,040) |  | $2292120 |
| **Financial Derivative Instruments (o)(q) (0.6)**%(Cost or Premiums, net $(8556)) |  | (12153) |
| Other Assets and Liabilities, net (6.5)% |  | (140517) |
| Net Assets 100.0% |  | $2139450 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(h)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(i)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(j)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(k)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(l)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description |  | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 |  | 06/10/2022 | 0 | 0 | 0 | 0 | 0 | 0.00 |
| Drillco Holding Lux SA | Drillco Holding Lux SA | Drillco Holding Lux SA | Drillco Holding Lux SA | Drillco Holding Lux SA |  | 06/08/2023 | 3095 | 3095 | 3172 | 3172 | 3172 | 0.15 |
| TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 |  | 09/18/2024 | 2500 | 2500 | 2501 | 2501 | 2501 | 0.11 |
| VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 |  | 01/31/2025 | 6100 | 6100 | 5981 | 5981 | 5981 | 0.28 |
|  |  |  |  |  |  | $ | 11695 | $ | 11654 | 11654 | 0.54%  | 0.54%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(m)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Lending<br>Rate | Settlement<br>Date | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BPS | 1.000%  | 06/11/2025 | TBD<sup>(2)</sup> | 9473 | &nbsp;&nbsp; Romanian Government International Bond 1.375% due 12/02/2029 | &nbsp;&nbsp; Romanian Government International Bond 1.375% due 12/02/2029 | &nbsp;&nbsp; Romanian Government International Bond 1.375% due 12/02/2029 | (11127) | $11158 | 11158 | $ | $11164 |
| BRC | 3.900  | 12/20/2024 | TBD<sup>(2)</sup> | $2652 | &nbsp;&nbsp; Egypt Government International Bond 7.500% due 01/31/2027 | &nbsp;&nbsp; Egypt Government International Bond 7.500% due 01/31/2027 | &nbsp;&nbsp; Egypt Government International Bond 7.500% due 01/31/2027 | (2731) | 2652 | 2652 |  | 2708 |
| DEU | 4.370  | 06/25/2025 | 07/02/2025 | 10097 | &nbsp;&nbsp; U.S. Treasury Notes 2.625% - 4.000% due 02/15/2029 - 02/15/2034 | &nbsp;&nbsp; U.S. Treasury Notes 2.625% - 4.000% due 02/15/2029 - 02/15/2034 | &nbsp;&nbsp; U.S. Treasury Notes 2.625% - 4.000% due 02/15/2029 - 02/15/2034 | (10130) | 10097 | 10097 |  | 10104 |
|  | 4.380  | 06/25/2025 | 07/02/2025 | 23726 | &nbsp;&nbsp; U.S. Treasury Bonds 3.375% due 11/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.375% due 11/15/2048 | &nbsp;&nbsp; U.S. Treasury Bonds 3.375% due 11/15/2048 | (6555) | 23726 | 23726 |  | 23743 |
|  |  |  |  |  | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 11/15/2032 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 11/15/2032 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 11/15/2032 | (17312) |  |  |  |  |
|  | 4.390  | 06/25/2025 | 07/02/2025 | 4350 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 05/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 05/15/2041 | &nbsp;&nbsp; U.S. Treasury Bonds 2.250% due 05/15/2041 | (4376) | 4350 | 4350 |  | 4353 |
|  | 4.400  | 06/25/2025 | 07/02/2025 | 16238 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% due 12/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% due 12/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% due 12/31/2027 | (15971) | 16238 | 16238 |  | 16250 |
| MYI | 3.850  | 12/20/2024 | TBD<sup>(2)</sup> | 10609 | &nbsp;&nbsp; Egypt Government International Bond 7.500% due 01/31/2027 | &nbsp;&nbsp; Egypt Government International Bond 7.500% due 01/31/2027 | &nbsp;&nbsp; Egypt Government International Bond 7.500% due 01/31/2027 | (10924) | 10609 | 10609 |  | 10824 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | **(79126)** | $**78830** | **78830** | **$** | $**79146** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(3)</sup> | Borrowing Rate<sup>(3)</sup> | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(3)</sup> | Amount<br>Borrowed<sup>(3)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BRC | BRC | BRC | BRC | 1.850%  | 1.850%  | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | (1142) | (1142) | $(1346) | (1346) | (1346) |
|  |  |  |  | 2.000  | 2.000  | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | (478) | (478) | (564) | (564) | (564) |

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<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | 4.150  | 12/20/2024 | 12/20/2024 | 12/20/2024 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | $ | (989) | (989) |  | (1011) | (1011) |
|  |  |  | 4.150  | 02/14/2025 | 02/14/2025 | 02/14/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (3889) | (3889) |  | (3951) | (3951) |
| MBC | MBC | MBC | 4.000  | 01/24/2025 | 01/24/2025 | 01/24/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (1400) | (1400) |  | (1425) | (1425) |
| MEI | MEI | MEI | 4.250  | 06/04/2025 | 06/04/2025 | 06/04/2025 | 07/07/2025 | 07/07/2025 | 07/07/2025 | 07/07/2025 |  | (939) | (939) |  | (942) | (942) |
| MYI | MYI | MYI | (0.500)  | 05/22/2025 | 05/22/2025 | 05/22/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (559) | (559) |  | (560) | (560) |
|  |  |  | 1.650  | 06/11/2025 | 06/11/2025 | 06/11/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | EUR | (423) | (423) |  | (499) | (499) |
|  |  |  | 1.950  | 06/11/2025 | 06/11/2025 | 06/11/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (4359) | (4359) |  | (5141) | (5141) |
|  |  |  | 4.200  | 12/20/2024 | 12/20/2024 | 12/20/2024 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | $ | (144) | (144) |  | (147) | (147) |
|  |  |  | 4.400  | 12/20/2024 | 12/20/2024 | 12/20/2024 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (3903) | (3903) |  | (3994) | (3994) |
| NOM | NOM | NOM | 4.200  | 06/26/2025 | 06/26/2025 | 06/26/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (6851) | (6851) |  | (6854) | (6854) |
|  |  |  | 4.320  | 06/26/2025 | 06/26/2025 | 06/26/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (4320) | (4320) |  | (4323) | (4323) |
|  |  |  | 4.500  | 04/11/2025 | 04/11/2025 | 04/11/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (5411) | (5411) |  | (5466) | (5466) |
|  |  |  | 4.550  | 06/26/2025 | 06/26/2025 | 06/26/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (5821) | (5821) |  | (5825) | (5825) |
| SCX | SCX | SCX | 1.950  | 06/11/2025 | 06/11/2025 | 06/11/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | EUR | (321) | (321) |  | (379) | (379) |
|  |  |  | 3.750  | 01/24/2025 | 01/24/2025 | 01/24/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | $ | (1524) | (1524) |  | (1549) | (1549) |
|  |  |  | 4.150  | 04/11/2025 | 04/11/2025 | 04/11/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (1001) | (1001) |  | (1011) | (1011) |
|  |  |  | 4.250  | 05/29/2025 | 05/29/2025 | 05/29/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (2583) | (2583) |  | (2592) | (2592) |
|  |  |  | 4.400  | 04/11/2025 | 04/11/2025 | 04/11/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (153) | (153) |  | (154) | (154) |
|  |  |  | 4.570  | 06/18/2025 | 06/18/2025 | 06/18/2025 | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> | TBD<sup>(4)</sup> |  | (4686) | (4686) |  | (4694) | (4694) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  |  |  | **$** | $**(52427)** | **(52427)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Coupon | Coupon | Maturity<br>Date | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% | Egypt (0.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt Government International Bond  | 7.500% | 7.500% | 01/31/2027 | 01/31/2027 | $ | $13000 | 13000 | $(13042) | (13042) | (13042) | $(13652) |
| Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% | Romania (0.5)% |
| &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% | &nbsp;&nbsp;&nbsp;&nbsp; Sovereign Issues (0.5)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Romania Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Romania Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Romania Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Romania Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Romania Government International Bond  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Romania Government International Bond  | 1.375% | 1.375% | 12/02/2029 | 12/02/2029 | EUR | 10700 | 10700 | (12544) | (12544) | (12544) | (11142) |
| United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% | United States (2.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Obligations (2.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | 2.250% | 2.250% | 05/15/2041 | 05/15/2041 | $ | $6000 | 6000 | (4187) | (4187) | (4187) | (4377) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Bonds  | 3.375 | 3.375 | 11/15/2048 | 11/15/2048 |  | 8238 | 8238 | (6453) | (6453) | (6453) | (6555) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | 2.625 | 2.625 | 02/15/2029 | 02/15/2029 |  | 10100 | 10100 | (9198) | (9198) | (9198) | (9828) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | 3.875 | 3.875 | 12/31/2027 | 12/31/2027 |  | 15900 | 15900 | (15741) | (15741) | (15741) | (16280) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | 4.000 | 4.000 | 02/15/2034 | 02/15/2034 |  | 300 | 300 | (284) | (284) | (284) | (301) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes  | 4.125 | 4.125 | 11/15/2032 | 11/15/2032 |  | 17100 | 17100 | (17703) | (17703) | (17703) | (17312) |
|  | Total United States | Total United States | Total United States | Total United States | Total United States | Total United States | Total United States |  |  |  |  |  | (53566) | (53566) | (53566) | (54653) |
| **Total Short Sales (3.7)%** | **Total Short Sales (3.7)%** | **Total Short Sales (3.7)%** | **Total Short Sales (3.7)%** | **Total Short Sales (3.7)%** | **Total Short Sales (3.7)%** |  |  |  |  |  |  |  | $**(79152)** | **(79152)** | **(79152)** | $**(79447)** |
| **(n)** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $56,406 and Cash of $282 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. | Open maturity repurchase agreement. |
| <sup>(3)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(95281) at a weighted average interest rate of 4.042%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(4)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(o)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 28 | 28 | $3991 | 3991 | 3991 | 3991 | $8 | 8 | 8 | 8 | 6 | 6 | $ | (7) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 229 | 229 | 35108 | 35108 | 35108 | 35108 | (266) | (266) | (266) | (266) | 8 | 8 |  | (100) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 416 | 416 | 86538 | 86538 | 86538 | 86538 | 310 | 310 | 310 | 310 | 23 | 23 |  | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 1384 | 1384 | 150856 | 150856 | 150856 | 150856 | 1666 | 1666 | 1666 | 1666 | 184 | 184 |  | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 4286 | 4286 | 480568 | 480568 | 480568 | 480568 | 8424 | 8424 | 8424 | 8424 | 1339 | 1339 |  | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 197 | 197 | 23468 | 23468 | 23468 | 23468 | 998 | 998 | 998 | 998 | 265 | 265 |  | 0 |
|  |  |  |  |  |  |  |  |  | 11140 | 11140 | 11140 | $ | 1825 | 1825 | $ | (107) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset |  | Liability |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 141 | 141 | $(19546) | (19546) | (19546) | (19546) | $77 | 77 | 77 | 77 | 41 | 41 | $ | (13) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 261 |  | (38074) |  | 234 | 234 |  | 83 | 83 | 83 |  | (19) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 56 |  | (6399) |  | (163) | (163) |  | 0 | 0 | 0 |  | (27) |
|  |  |  |  |  |  |  |  |  |  |  | $148 | 148 | 148 | $124 | 124 | 124 | $ | $(59) | (59) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | $**11288** | **11288** | **11288** | $**1949** | **1949** | **1949** | **$** | $**(166)** | **(166)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(2)</sup> |  | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Asset | Asset |  | Liability |
| CDX.EM-38 5-Year Index  | CDX.EM-38 5-Year Index  | (1.000)% | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 | 7000 | $ | 400 | (418) | (418) | (18) | (18) | (18) | 0 | 0 | $ | (14) |
| CDX.EM-39 5-Year Index  | CDX.EM-39 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 06/20/2028 | 12400 |  | 528 | (531) | (531) | (3) | (3) | (3) | 0 | 0 |  | (24) |
| CDX.IG-41 5-Year Index  | CDX.IG-41 5-Year Index  | (1.000) | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 12/20/2028 | 2600 |  | (31) | (26) | (26) | (57) | (57) | (57) | 0 | 0 |  | (1) |
| CDX.IG-42 5-Year Index  | CDX.IG-42 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | 9100 |  | (207) | 1 | 1 | (206) | (206) | (206) | 0 | 0 |  | (3) |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | (1.000) | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 18200 |  | (413) | (3) | (3) | (416) | (416) | (416) | 0 | 0 |  | (9) |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 13900 |  | (278) | (34) | (34) | (312) | (312) | (312) | 0 | 0 |  | (8) |
|  |  |  |  |  |  |  |  |  | $ | (1) | (1011) | (1011) | (1012) | (1012) | (1012) | 0 | 0 | $ | (59) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset |  | Liability |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250% | Annual | Annual | 06/18/2030 | 06/18/2030 | $67300 | 67300 | $(1487) | 939 | 939 | $(548) | (548) | (548) | $111 | 111 | $ | $0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.500 | Semi-Annual | Semi-Annual | 06/21/2027 | 06/21/2027 | 22300 | 22300 | (1340) | 365 | 365 | (975) | (975) | (975) | 9 | 9 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.500 | Semi-Annual | Semi-Annual | 12/15/2028 | 12/15/2028 | 2000 | 2000 | 11 | (154) | (154) | (143) | (143) | (143) | 2 | 2 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 06/20/2029 | 06/20/2029 | 9500 | 9500 | 70 | (194) | (194) | (124) | (124) | (124) | 0 | 0 |  | (12) |
| Receive<sup>(4)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | Annual | 11/30/2029 | 11/30/2029 | 87392 | 87392 | (105) | (811) | (811) | (916) | (916) | (916) | 0 | 0 |  | (129) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 12/18/2029 | 12/18/2029 | 58095 | 58095 | 182 | (798) | (798) | (616) | (616) | (616) | 0 | 0 |  | (83) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 12/18/2029 | 12/18/2029 | 8440 | 8440 | (15) | 106 | 106 | 91 | 91 | 91 | 12 | 12 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | Annual | 03/19/2030 | 03/19/2030 | 26400 | 26400 | (1385) | 804 | 804 | (581) | (581) | (581) | 39 | 39 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2030 | 06/18/2030 | 57100 | 57100 | (1273) | 795 | 795 | (478) | (478) | (478) | 92 | 92 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2030 | 12/20/2030 | 71000 | 71000 | 1990 | (1840) | (1840) | 150 | 150 | 150 | 0 | 0 |  | (134) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2030 | 12/20/2030 | 21200 | 21200 | (1089) | 1038 | 1038 | (51) | (51) | (51) | 39 | 39 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Semi-Annual | Semi-Annual | 12/15/2031 | 12/15/2031 | 3300 | 3300 | 46 | (435) | (435) | (389) | (389) | (389) | 7 | 7 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.730 | Annual | Annual | 08/03/2033 | 08/03/2033 | 2300 | 2300 | (8) | 11 | 11 | 3 | 3 | 3 | 7 | 7 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | Annual | 08/07/2033 | 08/07/2033 | 2600 | 2600 | (10) | 15 | 15 | 5 | 5 | 5 | 8 | 8 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.165 | Annual | Annual | 09/27/2033 | 09/27/2033 | 3000 | 3000 | (12) | 125 | 125 | 113 | 113 | 113 | 10 | 10 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.155 | Annual | Annual | 10/02/2033 | 10/02/2033 | 4400 | 4400 | (17) | 180 | 180 | 163 | 163 | 163 | 15 | 15 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.170 | Annual | Annual | 10/03/2033 | 10/03/2033 | 5500 | 5500 | (21) | 232 | 232 | 211 | 211 | 211 | 18 | 18 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.030 | Annual | Annual | 10/04/2033 | 10/04/2033 | 700 | 700 | (3) | 22 | 22 | 19 | 19 | 19 | 2 | 2 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.175 | Annual | Annual | 10/10/2033 | 10/10/2033 | 2500 | 2500 | (9) | 106 | 106 | 97 | 97 | 97 | 8 | 8 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.150 | Annual | Annual | 10/12/2033 | 10/12/2033 | 2100 | 2100 | (8) | 86 | 86 | 78 | 78 | 78 | 7 | 7 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.220 | Annual | Annual | 10/20/2033 | 10/20/2033 | 1900 | 1900 | (7) | 88 | 88 | 81 | 81 | 81 | 6 | 6 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.230 | Annual | Annual | 10/23/2033 | 10/23/2033 | 1400 | 1400 | (5) | 66 | 66 | 61 | 61 | 61 | 5 | 5 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.255 | Annual | Annual | 10/23/2033 | 10/23/2033 | 800 | 800 | (3) | 39 | 39 | 36 | 36 | 36 | 3 | 3 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.393 | Annual | Annual | 10/25/2033 | 10/25/2033 | 100 | 100 | 0 | 6 | 6 | 6 | 6 | 6 | 0 | 0 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.450 | Annual | Annual | 10/31/2033 | 10/31/2033 | 1400 | 1400 | (5) | 90 | 90 | 85 | 85 | 85 | 5 | 5 |  | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2033 | 12/20/2033 | 5410 | 5410 | (294) | 222 | 222 | (72) | (72) | (72) | 18 | 18 |  | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | Annual | 03/20/2034 | 03/20/2034 | 23100 | 23100 | (968) | (107) | (107) | (1075) | (1075) | (1075) | 0 | 0 |  | (82) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 |  | 41200 |  | 77 |  | (431) |  | (354) |  | 0 |  | (147) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 |  | 6200 |  | (68) |  | 47 |  | (21) |  | 0 |  | (24) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 |  | 6700 |  | 487 |  | (230) |  | 257 |  | 0 |  | (26) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 |  | 11700 |  | 516 |  | (87) |  | 429 |  | 0 |  | (45) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2036 |  | 3200 |  | (5) |  | 1 |  | (4) |  | 0 |  | (14) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2039 |  | 1600 |  | 89 |  | (70) |  | 19 |  | 0 |  | (8) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2039 |  | 4800 |  | (24) |  | 112 |  | 88 |  | 0 |  | (25) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 2.500 | Semi-Annual | 06/15/2046 |  | 500 |  | 52 |  | 74 |  | 126 |  | 0 |  | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 2.250 | Semi-Annual | 12/21/2046 |  | 800 |  | 119 |  | 115 |  | 234 |  | 0 |  | (4) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 3.830 | Annual | 10/12/2053 |  | 100 |  | (1) |  | (1) |  | (2) |  | 1 |  | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 10/17/2053 |  | 400 |  | (2) |  | (4) |  | (6) |  | 3 |  | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 |  | 20000 |  | (2423) |  | 29 |  | (2394) |  | 150 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2055 |  | 35700 |  | 5018 |  | (818) |  | 4200 |  | 0 |  | (273) |
| Receive | Receive | 1-Year BRL-CDI | 13.055 | Maturity | 01/04/2027 | BRL | 31300 |  | 0 |  | (8) |  | (8) |  | 0 |  | (6) |
| Pay | Pay | 3-Month EUR-EURIBOR | 2.818 | Annual | 06/26/2029 |  | 11000 |  | 328 |  | (10) |  | 318 |  | 0 |  | (13) |
| Pay | Pay | 3-Month PLN-WIBOR | 4.855 | Annual | 02/10/2030 | PLN | 46300 |  | 64 |  | 221 |  | 285 |  | 0 |  | (7) |
| Receive | Receive | 3-Month PLN-WIBOR | 4.075 | Annual | 04/11/2030 |  | 46300 |  | 0 |  | 116 |  | 116 |  | 8 |  | 0 |
| Receive | Receive | 6-Month CLP-CHILIBOR | 5.511 | Semi-Annual | 11/13/2033 | CLP | 4946700 |  | 0 |  | (204) |  | (204) |  | 0 |  | (6) |
| Pay | Pay | 6-Month CLP-CHILIBOR | 4.855 | Semi-Annual | 12/18/2033 |  | 4700000 |  | 0 |  | (43) |  | (43) |  | 6 |  | 0 |
| Pay | Pay | 6-Month CZK-PRIBOR | 4.250 | Annual | 04/18/2029 | CZK | 200400 |  | 247 |  | (12) |  | 235 |  | 0 |  | (25) |
| Pay | Pay | 6-Month CZK-PRIBOR | 3.530 | Annual | 07/15/2029 |  | 436900 |  | (8) |  | 304 |  | 296 |  | 0 |  | (58) |
| Pay | Pay | 6-Month CZK-PRIBOR | 3.075 | Annual | 10/03/2029 |  | 389200 |  | (41) |  | (89) |  | (130) |  | 0 |  | (52) |
| Pay | Pay | 6-Month CZK-PRIBOR | 3.489 | Annual | 10/30/2029 |  | 215200 |  | (65) |  | 194 |  | 129 |  | 0 |  | (30) |
| Receive | Receive | 6-Month CZK-PRIBOR | 3.325 | Annual | 05/09/2030 |  | 42000 |  | 0 |  | 28 |  | 28 |  | 6 |  | 0 |
| Receive | Receive | 6-Month CZK-PRIBOR | 3.328 | Annual | 05/09/2030 |  | 430000 |  | 0 |  | 283 |  | 283 |  | 64 |  | 0 |
| Receive | Receive | 6-Month CZK-PRIBOR | 3.363 | Annual | 05/29/2030 |  | 635300 |  | 292 |  | 71 |  | 363 |  | 95 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 3.370 | Annual | 10/09/2028 | EUR | 4400 |  | (11) |  | 314 |  | 303 |  | 0 |  | (4) |
| Pay<sup>(4)</sup> | Pay<sup>(4)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 12200 |  | (13) |  | (8) |  | (21) |  | 0 |  | (13) |
| Pay | Pay | 6-Month EUR-EURIBOR | 3.300 | Annual | 10/03/2033 |  | 2400 |  | (9) |  | 231 |  | 222 |  | 0 |  | (4) |
| Receive<sup>(4)</sup> | Receive<sup>(4)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 7540 |  | 228 |  | 61 |  | 289 |  | 15 |  | 0 |
| Receive<sup>(4)</sup> | Receive<sup>(4)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 19600 |  | 1667 |  | 733 |  | 2400 |  | 74 |  | 0 |
| Pay | Pay | 6-Month HUF-BBR | 5.935 | Annual | 05/08/2030 | HUF | 8439000 |  | (63) |  | (137) |  | (200) |  | 42 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 9.235 | Lunar | 12/17/2025 | MXN | 372800 |  | (1) |  | 110 |  | 109 |  | 3 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 9.769 | Lunar | 12/24/2025 |  | 21400 |  | 0 |  | (10) |  | (10) |  | 0 |  | 0 |
| Receive<sup>(4)</sup> | Receive<sup>(4)</sup> | 28-Day MXN-TIIE | 9.769 | Lunar | 09/27/2028 |  | 21400 |  | 0 |  | (57) |  | (57) |  | 0 |  | (2) |
| Pay<sup>(4)</sup> | Pay<sup>(4)</sup> | 28-Day MXN-TIIE | 9.235 | Lunar | 05/02/2029 |  | 372800 |  | (36) |  | 867 |  | 831 |  | 43 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 8.267 | Lunar | 02/28/2030 |  | 330900 |  | (8) |  | (419) |  | (427) |  | 0 |  | (50) |
|  |  |  |  |  |  |  |  | $641 | 641 | $2269 | 2269 | $2910 | 2910 | $933 | 933 | $(1279) | (1279) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**640** | **640** | $**1258** | **1258** | $**1898** | **1898** | $**933** | **933** | $**(1338)** | **(1338)** |
| **(p)** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $9,211 and cash of $18,047 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(q)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 1746 | $1134 | 1134 | $0 | $(15) |
|  | 07/2025  | 86 | 12 | 12 | 0 | 0 |
|  | 07/2025  | 5126 | 6002 | 6002 | 0 | (36) |
|  | 07/2025  | 249 | 150 | 150 | 0 | (2) |
|  | 08/2025  | 10439 | 1462 | 1462 | 0 | (2) |
|  | 08/2025  | $1135 | 1746 | 1746 | 15 | 0 |
|  | 08/2025  | 6015 | 5126 | 5126 | 36 | 0 |
|  | 08/2025  | 150 | 249 | 249 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 197810 | $224919 | 224919 | 0 | (8091) |
|  | 07/2025  | 35425955 | 2171 | 2171 | 0 | (13) |
|  | 07/2025  | 22144 | 6095 | 6095 | 0 | (155) |
|  | 07/2025  | 43 | 33 | 33 | 0 | 0 |
|  | 07/2025  | $594 | 809173 | 809173 | 5 | 0 |
|  | 08/2025  | 2904 | $406 | 406 | 0 | (1) |
|  | 08/2025  | 21091 | 492 | 492 | 0 | (18) |
|  | 08/2025  | 166 | 5 | 5 | 0 | (1) |
|  | 08/2025  | $2239 | 16006 | 16006 | 6 | 0 |
|  | 08/2025  | 33 | 43 | 43 | 0 | 0 |
|  | 10/2025  | 10838 | $2934 | 2934 | 0 | (115) |
|  | 02/2026  | 107882 | 2256 | 2256 | 0 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 125 | 23 | 23 | 0 | 0 |
|  | 07/2025  | 301 | 9 | 9 | 0 | 0 |
|  | 07/2025  | 161 | 4 | 4 | 0 | 0 |
|  | 07/2025  | 33581 | 1033 | 1033 | 0 | (123) |
|  | 07/2025  | $22 | 125 | 125 | 1 | 0 |
|  | 07/2025  | 632 | 10310616 | 10310616 | 4 | 0 |
|  | 07/2025  | 380 | 12574 | 12574 | 7 | 0 |
|  | 08/2025  | 9167 | $1283 | 1283 | 0 | (2) |
|  | 08/2025  | 499 | 22 | 22 | 0 | (1) |
|  | 08/2025  | 1142 | 13 | 13 | 0 | 0 |
|  | 08/2025  | 25224 | 604 | 604 | 0 | (8) |
|  | 08/2025  | 27624 | 848 | 848 | 0 | (113) |
|  | 08/2025  | $2273 | 16213 | 16213 | 0 | 0 |
|  | 08/2025  | 49 | 1619 | 1619 | 7 | 0 |
|  | 10/2025  | 136800 | $22320 | 22320 | 0 | (2285) |
|  | 10/2025  | $2894 | 18183 | 18183 | 376 | 0 |
|  | 05/2026  | 1656 | 505 | 505 | 0 | (4) |
|  | 06/2026  | 869 | 265 | 265 | 0 | (1) |
|  | 06/2027  | 615 | 187 | 187 | 0 | (5) |
|  | 05/2029  | 2427 | $8344 | 8344 | 365 | 0 |
|  | 07/2029  | 579 | 1991 | 1991 | 87 | 0 |
|  | 05/2030  | 1747 | 6015 | 6015 | 240 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 11738 | 13400 | 13400 | 0 | (427) |
|  | 07/2025  | 2355 | 677 | 677 | 0 | (23) |
|  | 07/2025  | 17348 | 13 | 13 | 0 | 0 |
|  | 07/2025  | 202 | 20 | 20 | 0 | 0 |
|  | 07/2025  | 59279 | 1457 | 1457 | 0 | (18) |
|  | 07/2025  | $9644 | 7088 | 7088 | 85 | 0 |
|  | 07/2025  | 335 | 1133 | 1133 | 1 | 0 |
|  | 07/2025  | 13 | 1923 | 1923 | 0 | 0 |
|  | 07/2025  | 22 | 29983 | 29983 | 0 | 0 |
|  | 07/2025  | 26 | 99 | 99 | 1 | 0 |
|  | 07/2025  | 448 | 18187 | 18187 | 8 | 0 |
|  | 07/2025  | 225861 | $12495 | 12495 | 0 | (243) |
|  | 08/2025  | 4920 | 221 | 221 | 0 | (14) |
|  | 08/2025  | 7088 | 9645 | 9645 | 0 | (85) |
|  | 08/2025  | $451 | 9663 | 9663 | 10 | 0 |
|  | 08/2025  | 84 | 3489 | 3489 | 1 | 0 |
|  | 12/2025  | 42319 | $880 | 880 | 0 | (45) |
|  | 02/2026  | $2256 | 107995 | 107995 | 3 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 721 | 2573 | 2573 | 6 | 0 |
|  | 09/2025  | 6892 | $1898 | 1898 | 0 | (43) |
|  | 11/2025  | $517 | 1910 | 1910 | 20 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 246385 | $180 | 180 | 0 | (2) |
|  | 07/2025  | 7307 | 2012 | 2012 | 0 | (50) |
|  | 07/2025  | 15749 | 474 | 474 | 0 | (11) |
|  | 07/2025  | 58217 | 1789 | 1789 | 0 | (215) |
|  | 07/2025  | $205 | 3337101 | 3337101 | 1 | 0 |
|  | 07/2025  | 879 | 1208528 | 1208528 | 15 | 0 |
|  | 07/2025  | 55 | 200 | 200 | 1 | 0 |
|  | 07/2025  | 152 | 5075 | 5075 | 4 | 0 |
|  | 07/2025  | 4762 | 141511 | 141511 | 110 | 0 |
|  | 08/2025  | 65 | $9 | 9 | 0 | 0 |
|  | 08/2025  | 5057494 | 1213 | 1213 | 0 | (19) |
|  | 08/2025  | 4617 | 86 | 86 | 0 | (5) |
|  | 08/2025  | 6605 | 77 | 77 | 0 | 0 |
|  | 08/2025  | 65442 | 2009 | 2009 | 0 | (266) |
|  | 08/2025  | $1363 | 9868 | 9868 | 21 | 0 |
|  | 08/2025  | 194 | 10706 | 10706 | 17 | 0 |
|  | 08/2025  | 279 | 23991 | 23991 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 53 | 191 | 1 | 0 |
|  | 09/2025  | 4160 | $1139 | 0 | (33) |
|  | 12/2025  | $1 | 58 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 1144 | $330 | 0 | (10) |
|  | 07/2025  | 82896 | 628 | 0 | (13) |
|  | 07/2025  | $243095 | 209546 | 3741 | 0 |
|  | 07/2025  | 2160 | 1131923 | 3 | 0 |
|  | 07/2025  | 138 | 4115 | 3 | 0 |
|  | 08/2025  | 209087 | $243095 | 0 | (3737) |
|  | 08/2025  | 3936 | 46 | 0 | 0 |
|  | 09/2025  | $63 | 33256 | 0 | 0 |
|  | 10/2025  | 17856 | $318 | 0 | (29) |
|  | 11/2025  | 169386 | 572 | 0 | (15) |
|  | 12/2025  | 2643451 | 707 | 0 | (6) |
|  | 12/2025  | $489 | 260293 | 0 | (12) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 58060 | $10155 | 0 | (531) |
|  | 07/2025  | 814 | 988 | 0 | (37) |
|  | 07/2025  | 44 | 6 | 0 | 0 |
|  | 07/2025  | 605710 | 4161 | 0 | (45) |
|  | 07/2025  | 740 | 201 | 0 | (5) |
|  | 07/2025  | 34 | 27 | 0 | 0 |
|  | 07/2025  | $1127 | 1746 | 23 | 0 |
|  | 07/2025  | 10511 | 58060 | 175 | 0 |
|  | 07/2025  | 1015 | 813 | 9 | 0 |
|  | 07/2025  | 7393 | 1060620 | 0 | (28) |
|  | 07/2025  | 5476 | 19571 | 47 | 0 |
|  | 07/2025  | 5 | 7 | 0 | 0 |
|  | 08/2025  | 809 | $1015 | 0 | (9) |
|  | 08/2025  | 9675 | 1352 | 0 | (5) |
|  | 08/2025  | 1885 | 22 | 0 | 0 |
|  | 08/2025  | $4161 | 603483 | 45 | 0 |
|  | 08/2025  | 27 | 34 | 0 | 0 |
|  | 09/2025  | 58948 | $10511 | 0 | (173) |
|  | 09/2025  | 290197 | 14904 | 0 | (437) |
|  | 09/2025  | $26 | 94 | 1 | 0 |
|  | 12/2025  | 19670 | $5476 | 0 | (47) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 490386 | 8278 | 103 | 0 |
|  | 07/2025  | 94 | 22 | 0 | 0 |
|  | 07/2025  | 13 | 10 | 0 | 0 |
|  | 07/2025  | 5661 | 174 | 0 | (21) |
|  | 07/2025  | $48 | 790047 | 0 | 0 |
|  | 07/2025  | 45 | 1474 | 5 | 0 |
|  | 07/2025  | 2893 | $161 | 0 | (2) |
|  | 08/2025  | 46985 | 730 | 0 | (48) |
|  | 08/2025  | 380932 | 1052 | 0 | (68) |
|  | 08/2025  | $10 | 13 | 0 | 0 |
|  | 08/2025  | 119 | 3897 | 17 | 0 |
|  | 09/2025  | 10495 | $2858 | 0 | 0 |
|  | 09/2025  | 598631 | 9325 | 0 | (506) |
|  | 09/2025  | $1381 | 75899 | 106 | 0 |
|  | 09/2025  | 33 | 17251 | 0 | 0 |
|  | 10/2025  | 94600 | $15773 | 0 | (1242) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 83 | 11 | 0 | 0 |
|  | 07/2025  | 20518 | 15 | 0 | 0 |
|  | 07/2025  | 5644 | 101 | 1 | 0 |
|  | 07/2025  | 1334 | 361 | 0 | (9) |
|  | 07/2025  | 28 | 22 | 0 | 0 |
|  | 07/2025  | 33992 | 1045 | 0 | (125) |
|  | 07/2025  | $149 | 249 | 3 | 0 |
|  | 07/2025  | 282 | 1061 | 12 | 0 |
|  | 07/2025  | 231 | 297 | 2 | 0 |
|  | 07/2025  | 635 | 18868 | 14 | 0 |
|  | 07/2025  | 64041 | $3583 | 0 | (28) |
|  | 08/2025  | 9845 | 1377 | 0 | (4) |
|  | 08/2025  | 1274 | 15 | 0 | 0 |
|  | 08/2025  | 34251 | 1051 | 0 | (140) |
|  | 08/2025  | $2265 | 16191 | 5 | 0 |
|  | 08/2025  | 22 | 28 | 0 | 0 |
|  | 10/2025  | 19049 | 117400 | 2067 | 0 |
|  | 11/2025  | 331224 | $1119 | 0 | (29) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 390 | 284 | 0 | (3) |
|  | 07/2025  | 40 | 6 | 0 | 0 |
|  | 07/2025  | 5689 | 727 | 2 | 0 |
|  | 07/2025  | 3186 | 57 | 1 | 0 |
|  | 07/2025  | 745 | 576 | 0 | (10) |
|  | 07/2025  | 7906 | 239 | 0 | (5) |
|  | 07/2025  | 16210 | 497 | 0 | (61) |
|  | 07/2025  | $284 | 390 | 2 | 0 |
|  | 07/2025  | 41 | 663401 | 0 | 0 |
|  | 07/2025  | 324 | 46524 | 0 | (1) |
|  | 07/2025  | 203 | 758 | 8 | 0 |
|  | 07/2025  | 556 | 713 | 5 | 0 |
|  | 07/2025  | 228 | 7604 | 6 | 0 |
|  | 08/2025  | 2935 | $409 | 0 | (2) |
|  | 08/2025  | 28047 | 867 | 0 | (108) |
|  | 08/2025  | $284 | 389 | 3 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 08/2025  | 892 | 892 | 892 | CNH | 6452 | 6452 | 6452 |  | 12 | 12 | 12 |  | 0 |
|  |  | 08/2025  | 170 | 170 | 170 | EGP | 9375 | 9375 | 9375 |  | 15 | 15 | 15 |  | 0 |
|  |  | 08/2025  | 576 | 576 | 576 | SGD | 743 | 743 | 743 |  | 10 | 10 | 10 |  | 0 |
|  |  | 03/2026  | 1399 | 1399 | 1399 | EGP | 82628 | 82628 | 82628 |  | 105 | 105 | 105 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 203687 | 203687 | 203687 | $ | 1397 | 1397 | 1397 |  | 0 | 0 | 0 |  | (17) |
|  |  | 07/2025  | 4 | 4 | 4 |  | 1 | 1 | 1 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | $166 | 166 | 166 | JPY | 23959 | 23959 | 23959 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 190 | 190 | 190 | NOK | 1914 | 1914 | 1914 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 9862 | 9862 | 9862 | $ | 1377 | 1377 | 1377 |  | 0 | 0 | 0 |  | (5) |
|  |  | 08/2025  | 1913 | 1913 | 1913 |  | 190 | 190 | 190 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | $1398 | 1398 | 1398 | JPY | 202939 | 202939 | 202939 |  | 17 | 17 | 17 |  | 0 |
|  |  | 10/2026  | 2089 | 2089 | 2089 | AZN | 3737 | 3737 | 3737 |  | 12 | 12 | 12 |  | 0 |
|  |  | 10/2027  | 4178 | 4178 | 4178 |  | 7687 | 7687 | 7687 |  | 0 | 0 | 0 |  | (25) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 580 | 580 | 580 | IDR | 9455972 | 9455972 | 9455972 |  | 3 | 3 | 3 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 17 | 17 | 17 | $ | 5 | 5 | 5 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 2269 | 2269 | 2269 |  | 16 | 16 | 16 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 148 | 148 | 148 |  | 115 | 115 | 115 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | $225 | 225 | 225 | IDR | 3674296 | 3674296 | 3674296 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 5881 | 5881 | 5881 | TWD | 174157 | 174157 | 174157 |  | 115 | 115 | 115 |  | 0 |
|  |  | 08/2025  | 16990 | 16990 | 16990 | $ | 2378 | 2378 | 2378 |  | 0 | 0 | 0 |  | (4) |
|  |  | 08/2025  | 1321 | 1321 | 1321 |  | 15 | 15 | 15 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 9035 | 9035 | 9035 |  | 277 | 277 | 277 |  | 0 | 0 | 0 |  | (37) |
|  |  | 08/2025  | $1092 | 1092 | 1092 | CNH | 7884 | 7884 | 7884 |  | 13 | 13 | 13 |  | 0 |
|  |  | 08/2025  | 16 | 16 | 16 | JPY | 2261 | 2261 | 2261 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 115 | 115 | 115 | SGD | 148 | 148 | 148 |  | 2 | 2 | 2 |  | 0 |
|  |  | 10/2025  | 848 | 848 | 848 | NGN | 1484016 | 1484016 | 1484016 |  | 83 | 83 | 83 |  | 0 |
|  |  | 12/2025  | 2643466 | 2643466 | 2643466 | $ | 707 | 707 | 707 |  | 0 | 0 | 0 |  | (6) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 336180 | 336180 | 336180 |  | 2329 | 2329 | 2329 |  | 0 | 0 | 0 |  | (6) |
|  |  | 07/2025  | $1635 | 1635 | 1635 | EGP | 83866 | 83866 | 83866 |  | 40 | 40 | 40 |  | 0 |
|  |  | 07/2025  | 20 | 20 | 20 | NOK | 199 | 199 | 199 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 17979 | 17979 | 17979 | $ | 50 | 50 | 50 |  | 0 | 0 | 0 |  | (3) |
|  |  | 08/2025  | 199 | 199 | 199 |  | 20 | 20 | 20 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | $2329 | 2329 | 2329 | JPY | 334947 | 334947 | 334947 |  | 6 | 6 | 6 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 7088 | 7088 | 7088 | $ | 9597 | 9597 | 9597 |  | 0 | 0 | 0 |  | (132) |
|  |  | 07/2025  | $5945 | 5945 | 5945 | EUR | 5127 | 5127 | 5127 |  | 94 | 94 | 94 |  | 0 |
|  |  | 12/2025  | 6564 | 6564 | 6564 | $ | 1775 | 1775 | 1775 |  | 0 | 0 | 0 |  | (69) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 173 | 173 | 173 |  | 48 | 48 | 48 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | 1911 | 1911 | 1911 |  | 188 | 188 | 188 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 1272 | 1272 | 1272 |  | 38 | 38 | 38 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | $108 | 108 | 108 | JPY | 15633 | 15633 | 15633 |  | 1 | 1 | 1 |  | 0 |
|  |  | 08/2025  | 643 | 643 | 643 | CNH | 4666 | 4666 | 4666 |  | 12 | 12 | 12 |  | 0 |
|  |  | 08/2025  | 538 | 538 | 538 | TRY | 23735 | 23735 | 23735 |  | 38 | 38 | 38 |  | 0 |
|  |  | 09/2025  | 175 | 175 | 175 | MXN | 3402 | 3402 | 3402 |  | 4 | 4 | 4 |  | 0 |
|  |  | 11/2025  | 600 | 600 | 600 | TRY | 28283 | 28283 | 28283 |  | 32 | 32 | 32 |  | 0 |
|  |  | 12/2025  | 880 | 880 | 880 |  | 42319 | 42319 | 42319 |  | 45 | 45 | 45 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**8527** | **8527** | **8527** | **$** | $**(20353)** | **(20353)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Buy | 0.700% | 0.700% | 10/15/2025 | 10/15/2025 | 282700 | 282700 | 282700 | $530 | 530 | $ | $270 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**530** | **530** | **$** | $**270** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850% | 0.850% | 10/15/2025 | 10/15/2025 | 452400 | 452400 | 452400 | $(535) | (535) | $ | $(261) |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | TRY | 46.850 | 46.850 | 08/14/2025 | 4894 | 4894 | 4894 | $(96) | (96) | $ | $(39) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 43.000 | 43.000 | 01/12/2026 | 585 | 585 | 585 | (13) | (13) |  | (6) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 56.500 | 56.500 | 01/12/2026 | 7799 | 7799 | 7799 | (312) | (312) |  | (242) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 56.750 | 56.750 | 02/03/2026 | 16525 | 16525 | 16525 | (595) | (595) |  | (596) |
| GLM | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 42.960 | 42.960 | 09/04/2025 | 5011 | 5011 | 5011 | (166) | (166) |  | (107) |
| UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 39.750 | 39.750 | 08/11/2025 | 3360 | 3360 | 3360 | (105) | (105) |  | (2) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 51.750 | 51.750 | 08/11/2025 | 3360 | 3360 | 3360 | (74) | (74) |  | (18) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 41.600 | 41.600 | 11/12/2025 | 3530 | 3530 | 3530 | (134) | (134) |  | (16) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 56.900 | 56.900 | 11/12/2025 | 3530 | 3530 | 3530 | (99) | (99) |  | (66) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 42.750 | 42.750 | 12/09/2025 | 4839 | 4839 | 4839 | (174) | (174) |  | (54) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | 57.750 | 12/09/2025 | 4839 |  | (121) | (121) | (103) | (103) |
|  |  |  |  |  |  |  |  | $ | (1889) | (1889) | $(1249) | (1249) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(2424)** | **(2424)** | $**(1510)** | **(1510)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Oman Government International Bond  | (1.000)% | Quarterly | 12/20/2027 | 0.531% | $2200 | $72 | 72 | $(97) | $0 | 0 | $(25) |
|  | Panama Government International Bond  | (1.000) | Quarterly | 12/20/2029 | 1.733 | 2200 | 76 | 76 | (12) | 64 | 64 | 0 |
|  | Saudi Arabia Government International Bond  | (1.000) | Quarterly | 12/20/2028 | 0.525 | 23000 | (348) | (348) | (17) | 0 | 0 | (365) |
| BPS | Oman Government International Bond  | (1.000) | Quarterly | 12/20/2027 | 0.531 | 900 | 29 | 29 | (39) | 0 | 0 | (10) |
| BRC | Oman Government International Bond  | (1.000) | Quarterly | 12/20/2027 | 0.531 | 900 | 24 | 24 | (34) | 0 | 0 | (10) |
|  | Saudi Arabia Government International Bond  | (1.000) | Quarterly | 06/20/2034 | 1.021 | 19800 | (219) | (219) | 244 | 25 | 25 | 0 |
| GST | Mexico Government International Bond  | (1.000) | Quarterly | 06/20/2029 | 0.865 | 3700 | 28 | 28 | (48) | 0 | 0 | (20) |
| JPM | Mexico Government International Bond  | (1.000) | Quarterly | 06/20/2029 | 0.865 | 2400 | 15 | 15 | (28) | 0 | 0 | (13) |
| MYC | Saudi Arabia Government International Bond  | (1.000) | Quarterly | 06/20/2034 | 1.021 | 5900 | (68) | (68) | 75 | 7 | 7 | 0 |
|  |  |  |  |  |  |  | $(391) | (391) | $44 | $96 | 96 | $(443) |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Brazil Government International Bond  | 1.000% | Quarterly | 06/20/2030 | 1.474% | $1000 | $(37) | (37) | $16 | $0 | 0 | $(21) |
|  | Brazil Government International Bond  | 1.000 | Quarterly | 06/20/2035 | 2.455 | 200 | (27) | (27) | 5 | 0 | 0 | (22) |
|  | Chile Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.225 | 1800 | 10 | 10 | 11 | 21 | 21 | 0 |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 2200 | 7 | 7 | 16 | 23 | 23 | 0 |
|  | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 800 | 7 | 7 | (2) | 5 | 5 | 0 |
|  | Peru Government International Bond  | 1.000 | Quarterly | 12/20/2031 | 1.028 | 600 | (25) | (25) | 24 | 0 | 0 | (1) |
|  | Philippines Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.637 | 200 | 2 | 2 | 1 | 3 | 3 | 0 |
|  | Turkey Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 1.860 | 4100 | (809) | (809) | 744 | 0 | 0 | (65) |
| BPS | Brazil Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 0.803 | 5700 | (386) | (386) | 414 | 28 | 28 | 0 |
|  | Brazil Government International Bond  | 1.000 | Quarterly | 06/20/2035 | 2.455 | 500 | (69) | (69) | 14 | 0 | 0 | (55) |
|  | Chile Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 0.243 | 2500 | (46) | (46) | 83 | 37 | 37 | 0 |
|  | Colombia Government International Bond  | 1.000 | Quarterly | 06/20/2029 | 1.786 | 2000 | (78) | (78) | 22 | 0 | 0 | (56) |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 15000 | 34 | 34 | 121 | 155 | 155 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 0.291 | 4000 | 19 | 19 | (4) | 15 | 15 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.401 | 8400 | 47 | 47 | 4 | 51 | 51 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 0.620 | 4200 | (4) | (4) | 43 | 39 | 39 | 0 |
|  | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 10000 | 31 | 31 | 37 | 68 | 68 | 0 |
|  | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2029 | 0.658 | 2000 | 19 | 19 | 7 | 26 | 26 | 0 |
|  | Philippines Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.637 | 4700 | 51 | 51 | 28 | 79 | 79 | 0 |
|  | Romania Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 0.758 | 8475 | 14 | 14 | (2) | 12 | 12 | 0 |
|  | Serbia Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 0.963 | 2000 | (177) | (177) | 179 | 2 | 2 | 0 |
|  | South Africa Government International Bond  | 1.000 | Quarterly | 06/20/2028 | 1.163 | 2600 | (224) | (224) | 213 | 0 | 0 | (11) |
|  | Turkey Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 1.860 | 300 | (59) | (59) | 54 | 0 | 0 | (5) |
| BRC | Benin Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 1.843 | 1500 | (51) | (51) | 40 | 0 | 0 | (11) |
|  | Brazil Government International Bond  | 1.000 | Quarterly | 12/20/2030 | 1.642 | 900 | (125) | (125) | 97 | 0 | 0 | (28) |
|  | Chile Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.225 | 10100 | 96 | 96 | 20 | 116 | 116 | 0 |
|  | Chile Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 0.243 | 10700 | (204) | (204) | 362 | 158 | 158 | 0 |
|  | Cote D'ivoire Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 2.201 | 500 | (16) | (16) | 11 | 0 | 0 | (5) |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 2500 | 6 | 6 | 20 | 26 | 26 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Nigeria Government International Bond  | 1.000 | Quarterly | 12/20/2029 | 4.755 | 1800 | (267) | 16 | 0 | (251) |
|  | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 7000 | 52 | (4) | 48 | 0 |
|  | Romania Government International Bond  | 1.000 | Quarterly | 12/20/2029 | 1.760 | 2800 | (122) | 37 | 0 | (85) |
|  | Saudi Arabia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.684 | 23400 | 330 | 13 | 343 | 0 |
|  | Turkey Government International Bond  | 1.000 | Quarterly | 12/20/2029 | 2.724 | 300 | (20) | 0 | 0 | (20) |
|  | Turkiye Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 2.863 | 2700 | (269) | 54 | 0 | (215) |
| CBK | Benin Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 1.843 | 250 | (9) | 7 | 0 | (2) |
|  | Benin Government International Bond  | 1.000 | Quarterly | 06/20/2028 | 3.053 | 500 | (34) | 6 | 0 | (28) |
|  | Brazil Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 0.803 | 700 | (51) | 54 | 3 | 0 |
|  | Brazil Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 1.474 | 1000 | (37) | 16 | 0 | (21) |
|  | Cote D'ivoire Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 2.201 | 1275 | (42) | 28 | 0 | (14) |
|  | Cote D'ivoire Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 3.885 | 1050 | (132) | 7 | 0 | (125) |
|  | Dominican Republic International Bond  | 1.000 | Quarterly | 06/20/2030 | 1.808 | 2900 | (186) | 83 | 0 | (103) |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 4000 | 10 | 31 | 41 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 0.603 | 11200 | (64) | 152 | 88 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 1.073 | 1000 | (19) | 16 | 0 | (3) |
|  | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.817 | 1100 | (7) | 16 | 9 | 0 |
|  | Philippines Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.637 | 200 | 2 | 1 | 3 | 0 |
|  | Turkey Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 1.860 | 1900 | (377) | 347 | 0 | (30) |
|  | Turkey Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 2.863 | 10000 | (924) | 129 | 0 | (795) |
| DUB | Eskom  | 4.650 | Quarterly | 06/30/2029 | —◆ | 14000 | 0 | 830 | 830 | 0 |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 5800 | 10 | 50 | 60 | 0 |
|  | Nigeria Government International Bond  | 1.000 | Quarterly | 12/20/2029 | 4.755 | 800 | (131) | 20 | 0 | (111) |
|  | Petroleos Mexicanos  | 4.750 | Monthly | 07/06/2026 | —◆ | 6270 | 0 | 34 | 34 | 0 |
|  | Petroleos Mexicanos  | 4.850 | Monthly | 07/06/2026 | —◆ | 4206 | 0 | 25 | 25 | 0 |
|  | South Africa Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.518 | 300 | (5) | 6 | 1 | 0 |
|  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.750 | 300 | (13) | 14 | 1 | 0 |
| GST | Brazil Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 1.474 | 7100 | (326) | 178 | 0 | (148) |
|  | Chile Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.225 | 9400 | 91 | 17 | 108 | 0 |
|  | Emirate of Abu Dhabi Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 0.176 | 8000 | 115 | 14 | 129 | 0 |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 3600 | 10 | 27 | 37 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 0.425 | 9200 | 10 | 18 | 28 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.498 | 1400 | 0 | 7 | 7 | 0 |
|  | Oman Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.989 | 15000 | (358) | 370 | 12 | 0 |
|  | Philippines Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.637 | 200 | 2 | 1 | 3 | 0 |
|  | Poland Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.700 | 5000 | 47 | 23 | 70 | 0 |
|  | Qatar Government International Bond  | 1.000 | Quarterly | 12/20/2029 | 0.315 | 19500 | 542 | 20 | 562 | 0 |
|  | Saudi Arabia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.684 | 27700 | 410 | (4) | 406 | 0 |
|  | Turkiye Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 2.863 | 12100 | (1290) | 328 | 0 | (962) |
| JPM | Brazil Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 1.474 | 3200 | (80) | 13 | 0 | (67) |
|  | Chile Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 0.243 | 4500 | (80) | 147 | 67 | 0 |
|  | Cote D'ivoire Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 3.885 | 525 | (66) | 3 | 0 | (63) |
|  | Poland Government International Bond  | 1.000 | Quarterly | 06/20/2028 | 0.473 | 2800 | (7) | 50 | 43 | 0 |
|  | Turkey Government International Bond  | 1.000 | Quarterly | 12/20/2029 | 2.724 | 4900 | (338) | 8 | 0 | (330) |
|  | Turkiye Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 2.863 | 2700 | (300) | 85 | 0 | (215) |
| MEI | Turkiye Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 2.863 | 2700 | (277) | 62 | 0 | (215) |
| MYC | Chile Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.225 | 6600 | 38 | 38 | 76 | 0 |
|  | Dominican Republic International Bond  | 1.000 | Quarterly | 06/20/2030 | 1.808 | 1000 | (67) | 32 | 0 | (35) |
|  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 0.778 | 1500 | 4 | 12 | 16 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | 06/20/2028 | 0.674 | 1400 | (27) | 40 | 13 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2028 | 0.784 | 1400 | (15) | 25 | 10 | 0 |
|  | Nigeria Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 4.979 | 190 | (50) | 20 | 0 | (30) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Panama Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 0.659 | 5000 | 12 | (2) | (2) | 10 | 0 |
|  |  | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 11400 | 14 | 64 | 64 | 78 | 0 |
|  |  | Qatar Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.154 | 2200 | 32 | (4) | (4) | 28 | 0 |
|  |  | South Africa Government International Bond  | 1.000 | Quarterly | 12/20/2026 | 0.750 | 3000 | (134) | 146 | 146 | 12 | 0 |
|  |  | Turkey Government International Bond  | 1.000 | Quarterly | 06/20/2027 | 1.860 | 2700 | (534) | 491 | 491 | 0 | (43) |
| MYI | MYI | Peru Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 1200 | 10 | (2) | (2) | 8 | 0 |
|  |  |  |  |  |  |  |  | $(6911) | $6793 | 6793 | $4073 | $(4191) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(7302)** | $**6837** | **6837** | $**4169** | $**(4634)** |
| **(r)** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $14,902 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>◆</sup> | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |

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<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | |
|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Angola | Angola |
| $0 | $4803 |
| 8998 | 8998 |
| Argentina | Argentina |
| 6897 | 6897 |
| 61328 | 61328 |
| Armenia | Armenia |
| 4591 | 4591 |
| Azerbaijan | Azerbaijan |
| 7507 | 7507 |
| Bahrain | Bahrain |
| 7484 | 7484 |
| Benin | Benin |
| 197 | 197 |
| Brazil | Brazil |
| 41810 | 41810 |
| 27364 | 27364 |
| Bulgaria | Bulgaria |
| 8189 | 8189 |
| Cameroon | Cameroon |
| 6113 | 6113 |
| Canada | Canada |
| 2198 | 2198 |
| Cayman Islands | Cayman Islands |
| 36859 | 36859 |
| 0 | 5071 |
| Chile | Chile |
| 36255 | 36255 |
| 16770 | 16770 |
| Colombia | Colombia |
| 15430 | 15430 |
| 38957 | 38957 |
| Costa Rica | Costa Rica |
| 2596 | 2596 |
| Czech Republic | Czech Republic |
| 8958 | 8958 |
| Dominican Republic | Dominican Republic |
| 69016 | 69016 |
| Ecuador | Ecuador |
| 29477 | 29477 |
| Egypt | Egypt |
| 77033 | 77033 |
| El Salvador | El Salvador |
| 10920 | 10920 |
| France | France |
| 1162 | 1162 |
| Gabon | Gabon |
| 279 | 279 |
| Georgia | Georgia |
| 180 | 180 |
| Germany | Germany |
| 6944 | 6944 |
| Ghana | Ghana |
| 12259 | 12259 |
| Guatemala | Guatemala |
| 19766 | 19766 |
| Honduras | Honduras |
| 1261 | 1261 |
| Hong Kong | Hong Kong |
| 4610 | 4610 |
| Hungary | Hungary |
| 36725 | 36725 |
| India | India |
| 6916 | 6916 |
| Indonesia | Indonesia |
| 61674 | 61674 |
| 15567 | 15567 |
| Ireland | Ireland |
| 2027 | 2027 |
| 0 | 9610 |
| 13873 | 13873 |
| Israel | Israel |
| 12849 | 12849 |
| 5923 | 5923 |
| Italy | Italy |
| 1570 | 1570 |
| Ivory Coast | Ivory Coast |
| 0 | 15125 |
| 21906 | 21906 |
| Jamaica | Jamaica |
| 1556 | 1556 |
| Jordan | Jordan |
| 5769 | 5769 |
| Kazakhstan | Kazakhstan |
| 21631 | 21631 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Kenya | Kenya | Kenya |
| Loan Participations and Assignments | 0 | 2694 |
| Sovereign Issues | 12065 | 12065 |
| Latvia | Latvia | Latvia |
| Sovereign Issues | 4607 | 4607 |
| Lebanon | Lebanon | Lebanon |
| Sovereign Issues | 1585 | 1585 |
| Luxembourg | Luxembourg | Luxembourg |
| Common Stocks | 0 | 4425 |
| Corporate Bonds & Notes | 47066 | 47066 |
| Macedonia | Macedonia | Macedonia |
| Sovereign Issues | 7910 | 7910 |
| Malaysia | Malaysia | Malaysia |
| Corporate Bonds & Notes | 15032 | 15032 |
| Mexico | Mexico | Mexico |
| Corporate Bonds & Notes | 97013 | 97013 |
| Sovereign Issues | 78490 | 78490 |
| Mongolia | Mongolia | Mongolia |
| Sovereign Issues | 522 | 522 |
| Morocco | Morocco | Morocco |
| Corporate Bonds & Notes | 14794 | 14794 |
| Namibia | Namibia | Namibia |
| Sovereign Issues | 4964 | 4964 |
| Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | 13541 | 13541 |
| Loan Participations and Assignments | 0 | 5902 |
| Nigeria | Nigeria | Nigeria |
| Corporate Bonds & Notes | 10340 | 10340 |
| Loan Participations and Assignments | 4563 | 4563 |
| Sovereign Issues | 15562 | 15562 |
| Oman | Oman | Oman |
| Sovereign Issues | 20526 | 20526 |
| Pakistan | Pakistan | Pakistan |
| Sovereign Issues | 14528 | 14528 |
| Panama | Panama | Panama |
| Corporate Bonds & Notes | 6334 | 6334 |
| Sovereign Issues | 29967 | 29967 |
| Paraguay | Paraguay | Paraguay |
| Sovereign Issues | 10864 | 10864 |
| Peru | Peru | Peru |
| Corporate Bonds & Notes | 25888 | 32404 |
| Sovereign Issues | 19176 | 19176 |
| Philippines | Philippines | Philippines |
| Corporate Bonds & Notes | 7689 | 7689 |
| Sovereign Issues | 5528 | 5528 |
| Poland | Poland | Poland |
| Corporate Bonds & Notes | 2775 | 2775 |
| Sovereign Issues | 26794 | 26794 |
| Qatar | Qatar | Qatar |
| Corporate Bonds & Notes | 21936 | 21936 |
| Sovereign Issues | 9186 | 9186 |
| Romania | Romania | Romania |
| Sovereign Issues | 44000 | 44000 |
| Russia | Russia | Russia |
| Sovereign Issues | 73 | 73 |
| Rwanda | Rwanda | Rwanda |
| Sovereign Issues | 1026 | 1026 |
| Saudi Arabia | Saudi Arabia | Saudi Arabia |
| Corporate Bonds & Notes | 19235 | 19235 |
| Sovereign Issues | 27584 | 27584 |
| Senegal | Senegal | Senegal |
| Loan Participations and Assignments | 0 | 5164 |
| Sovereign Issues | 12766 | 12766 |
| Serbia | Serbia | Serbia |
| Loan Participations and Assignments | 5242 | 11325 |
| Sovereign Issues | 23308 | 23308 |
| Singapore | Singapore | Singapore |
| Corporate Bonds & Notes | 1663 | 1663 |
| South Africa | South Africa | South Africa |
| Corporate Bonds & Notes | 21441 | 21441 |
| Loan Participations and Assignments | 0 | 3698 |
| Sovereign Issues | 19961 | 19961 |
| South Korea | South Korea | South Korea |
| Corporate Bonds & Notes | 6704 | 6704 |
| Sri Lanka | Sri Lanka | Sri Lanka |
| Sovereign Issues | 12076 | 12076 |
| Supranational | Supranational | Supranational |
| Corporate Bonds & Notes | 171 | 171 |
| Tanzania | Tanzania | Tanzania |
| Loan Participations and Assignments | 0 | 3346 |
| Thailand | Thailand | Thailand |
| Corporate Bonds & Notes | 2790 | 2790 |
| Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago |
| Corporate Bonds & Notes | 3474 | 3474 |
| Tunisia | Tunisia | Tunisia |
| Sovereign Issues | 1276 | 1276 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 4023 | 4023 | 0 | 0 |  | 4023 |  |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 8936 | 8936 | 9449 | 9449 |  | 18385 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 71409 | 71409 | 0 | 0 |  | 71409 |  |
| Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 2678 | 2678 | 0 | 0 |  | 2678 |  |
| Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 17576 | 17576 | 0 | 0 |  | 17576 |  |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 30441 | 30441 | 0 | 0 |  | 30441 |  |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 0 | 3058 | 3058 |  | 3058 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 9171 | 9171 | 0 | 0 |  | 9171 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 30206 | 30206 | 3055 | 3055 |  | 33261 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 8865 | 8865 | 0 | 0 |  | 8865 |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |  |
| Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 11395 | 11395 | 0 | 0 |  | 11395 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 8328 | 8328 | 5981 | 5981 |  | 14309 |  |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 0 | 4198 | 4198 |  | 4198 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 45082 | 45082 | 2501 | 2501 |  | 47583 |  |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 25704 | 25704 | 0 | 0 |  | 25704 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 31528 | 31528 | 0 | 0 |  | 31528 |  |
| Uruguay | Uruguay | Uruguay | Uruguay | Uruguay | Uruguay | Uruguay | Uruguay | Uruguay | Uruguay |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 8430 | 8430 | 0 | 0 |  | 8430 |  |
| Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3978 | 3978 | 0 | 0 |  | 3978 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 9959 | 9959 | 0 | 0 |  | 9959 |  |
| Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 7585 | 7585 | 0 | 0 |  | 7585 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 7133 | 7133 | 0 | 0 |  | 7133 |  |
| Vietnam | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam | Vietnam |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 1019 | 1019 | 0 | 0 |  | 1019 |  |
| Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3206 | 3206 | 0 | 0 |  | 3206 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | 0 | 0 | 6600 | 6600 | 0 | 0 |  | 6600 |  |
| Repurchase Agreements | Repurchase Agreements | 0 | 0 | 78830 | 78830 | 0 | 0 |  | 78830 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 27881 | 27881 | 0 | 0 |  | 27881 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 4378 | 4378 | 0 | 0 |  | 4378 |  |
|  |  | $0 | 0 | $1975770 | 1975770 | $100679 | 100679 | $ | 2076449 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $215671 | 215671 | $0 | 0 | $0 | 0 | $ | 215671 |  |
| Total Investments | Total Investments | $215671 | 215671 | $1975770 | 1975770 | $100679 | 100679 | $ | 2292120 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | (24794) | (24794) | 0 | 0 |  | (24794) |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | (54653) | (54653) | 0 | 0 |  | (54653) |  |
|  |  | $0 | 0 | $(79447) | (79447) | $0 | 0 | $ | (79447) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 138 | 138 | 2744 | 2744 | 0 | 0 |  | 2882 |  |
| Over the counter | Over the counter | 0 | 0 | 12077 | 12077 | 889 | 889 |  | 12966 |  |
|  |  | $138 | 138 | $14821 | 14821 | $889 | 889 | $ | 15848 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (139) | (139) | (1365) | (1365) | 0 | 0 |  | (1504) |  |
| Over the counter | Over the counter | 0 | 0 | (26497) | (26497) | 0 | 0 |  | (26497) |  |
|  |  | $(139) | (139) | $(27862) | (27862) | $0 | 0 | $ | (28001) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $(1) | (1) | $(13041) | (13041) | $889 | 889 | $ | (12153) |  |
| Totals | Totals | $215670 | 215670 | $1883282 | 1883282 | $101568 | 101568 | $ | 2200520 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Angola |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments<sup>(3)</sup> | $ | 0 | $ | 3 | $0 | 0 | $0 | 0 | $4803 | $3 |
| Cayman Islands |  |  |  |  |  |  |  |  |  |  |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Participations and Assignments<sup>(4)</sup> |  | 4980 | 0 |  |  | 0 | 0 | 0 | 91 | 0 | 0 | 5071 |  | 91 |
| Ireland |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 8741 | 0 |  |  | 0 | 2 | 0 | 867 | 0 | 0 | 9610 |  | 867 |
| Ivory Coast |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 15980 | 4404 |  |  | (6774) | (5) | 261 | 1259 | 0 | 0 | 15125 |  | 1049 |
| Kenya |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 2661 | 0 |  |  | 0 | 2 | 0 | 31 | 0 | 0 | 2694 |  | 31 |
| Luxembourg |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Common Stocks |  | 5436 | 0 |  |  | 0 | 0 | 0 | (1011) | 0 | 0 | 4425 |  | (1011) |
| Netherlands |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Common Stocks |  | 14 | 0 |  |  | 0 | 0 | 0 | (14) | 0 | 0 | 0 |  | (14) |
| Loan Participations and Assignments |  | 5811 | 0 |  |  | 0 | 11 | 0 | 80 | 0 | 0 | 5902 |  | 80 |
| Peru |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes |  | 0 | 6090 |  |  | 0 | 0 | 0 | 426 | 0 | 0 | 6516 |  | 426 |
| Senegal |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 4710 | 0 |  |  | 0 | 0 | 0 | 454 | 0 | 0 | 5164 |  | 454 |
| Serbia |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 5566 | 0 |  |  | 0 | 0 | 0 | 517 | 0 | 0 | 6083 |  | 517 |
| South Africa |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 3564 | 0 |  |  | 0 | 3 | 0 | 131 | 0 | 0 | 3698 |  | 131 |
| Tanzania |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 3592 | 0 |  |  | (538) | 1 | (16) | 307 | 0 | 0 | 3346 |  | 266 |
| Turkey |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 8468 | 0 |  |  | 0 | (23) | 0 | 1004 | 0 | 0 | 9449 |  | 1005 |
| United Arab Emirates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 3058 | 0 |  |  | 0 | (6) | 0 | 6 | 0 | 0 | 3058 |  | 6 |
| United Kingdom |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes |  | 6013 | 0 |  |  | (3255) | 233 | (47) | 111 | 0 | 0 | 3055 |  | (101) |
| United States |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes |  | 6224 | 0 |  |  | 0 | 0 | 0 | (243) | 0 | 0 | 5981 |  | (243) |
| Loan Participations and Assignments |  | 4352 | 0 |  |  | (169) | 0 | 0 | 15 | 0 | 0 | 4198 |  | 5 |
| Non-Agency Mortgage-Backed Securities |  | 2448 | 0 |  |  | 0 | 0 | 0 | 53 | 0 | 0 | 2501 |  | 53 |
|  | $96418 | 96418 | 10494 | $ | $ | $(10736) | $218 | $198 | $4087 | $0 | 0 | 100679 | $ | 3615 |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | $892 | 892 | 2 | $ | $ | $(10) | $0 | $0 | $5 | $0 | 0 | 889 | $ | 7 |
| Totals | $97310 | 97310 | 10496 | $ | $ | $(10746) | $218 | $198 | $4092 | $0 | 0 | 101568 | $ | 3622 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $4803 | 4803 | 4803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 9.954 | 9.954 |  |  |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 5071 | 5071 | 5071 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.800 | 6.800 |  |  |
| Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 9610 | 9610 | 9610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 | 3.327 |  |  |
| Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 11736 | 11736 | 11736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.258 | 6.258 |  |  |
|  |  |  | 3389 | 3389 | 3389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 99.200 | 99.200 |  |  |
| Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya |

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<br> Schedule of Investments PIMCO Emerging Markets Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Loan Participations and Assignments | Loan Participations and Assignments | 2694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 9.366 |  |
| Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg |
| Common Stocks | Common Stocks | 4425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $20.500 |  |
| Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands |
| Loan Participations and Assignments | Loan Participations and Assignments | 5902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.815 |  |
| Peru | Peru | Peru | Peru | Peru | Peru | Peru |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 6516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 104.175 |  |
| Senegal | Senegal | Senegal | Senegal | Senegal | Senegal | Senegal |
| Loan Participations and Assignments | Loan Participations and Assignments | 5164 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 14.175 |  |
| Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia |
| Loan Participations and Assignments | Loan Participations and Assignments | 6083 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 5.595 |  |
| South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa |
| Loan Participations and Assignments | Loan Participations and Assignments | 3698 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 11.518 |  |
| Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania |
| Loan Participations and Assignments | Loan Participations and Assignments | 3346 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 100.150 |  |
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |
| Loan Participations and Assignments | Loan Participations and Assignments | 9449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.165 - 4.706 | 4.287 |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |
| Loan Participations and Assignments | Loan Participations and Assignments | 3058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 100.125 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 3055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; - | - |  |
| United States | United States | United States | United States | United States | United States | United States |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 5981 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.326 |  |
| Loan Participations and Assignments | Loan Participations and Assignments | 4198 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 94.460 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 2501 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.573 |  |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | 889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.197 - 5.914 | 0.218 |
| Total | Total | $101568 |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(3)</sup> | Country type updated from United States to Angola since prior fiscal year end. | Country type updated from United States to Angola since prior fiscal year end. | Country type updated from United States to Angola since prior fiscal year end. | Country type updated from United States to Angola since prior fiscal year end. | Country type updated from United States to Angola since prior fiscal year end. | Country type updated from United States to Angola since prior fiscal year end. |
| <sup>(4)</sup> | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. |
| <sup>(5)</sup> | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 97.8% ¤** |  |  |
| **ARGENTINA 1.3%**  |  |  |
| **CORPORATE BONDS & NOTES 1.3%**  |  |  |
| **Pampa Energia SA** <br>7.875% due 12/16/2034 | $200 | $200 |
| **Telecom Argentina SA** <br>9.250% due 05/28/2033 | 200 | 204 |
| **Vista Energy Argentina SAU** <br>8.500% due 06/10/2033 | 200 | 202 |
| **YPF SA** <br>9.500% due 01/17/2031 | 200 | 211 |
|  |  | 817 |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Argentina Government International Bond** <br>0.750% due 07/09/2030 þ | 5 | 4 |
| Total Argentina (Cost $810) |  | 821 |
| **AUSTRIA 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **LD Celulose International GmbH** <br>7.950% due 01/26/2032 | $200 | 211 |
| Total Austria (Cost $207) |  | 211 |
| **AZERBAIJAN 1.3%**  |  |  |
| **CORPORATE BONDS & NOTES 1.3%**  |  |  |
| **SOCAR Turkey Enerji AS via Steas Funding 1 DAC** <br>7.230% due 03/17/2026 | $200 | 199 |
| **Southern Gas Corridor CJSC** <br>6.875% due 03/24/2026 | 634 | 643 |
| Total Azerbaijan (Cost $842) |  | 842 |
| **BRAZIL 3.6%**  |  |  |
| **CORPORATE BONDS & NOTES 3.6%**  |  |  |
| **Banco do Brasil SA** <br>8.500% due 07/29/2026 | 7000 | 374 |
| **Braskem Netherlands Finance BV** <br>4.500% due 01/31/2030 | $200 | 155 |
| **Caixa Economica Federal** <br>5.625% due 05/13/2030 | 300 | 300 |
| **CSN Resources SA** <br>4.625% due 06/10/2031 | 400 | 315 |
| **Embraer Netherlands Finance BV** <br>7.000% due 07/28/2030 | 200 | 216 |
| **Samarco Mineracao SA (9.000% Cash or 9.000% PIK)** <br>9.000% due 06/30/2031 (b) | 209 | 206 |
| **Suzano Austria GmbH** <br>3.125% due 01/15/2032 | 100 | 88 |
| **Unigel Luxembourg SA (11.000% Cash or 12.000% PIK)** <br>11.000% due 12/31/2028 ^(b)(d) | 470 | 132 |
| **Unigel Luxembourg SA (13.500% Cash or 15.000% PIK)** <br>13.500% due 12/31/2027 (b) | 222 | 179 |
| **Vale Overseas Ltd.** <br>6.400% due 06/28/2054 | 200 | 197 |
| **Vale SA** <br>0.000% due 12/29/2049 ~(h) | 2910 | 184 |
|  |  | 2346 |
|  | SHARES |  |
| **WARRANTS 0.0%**  |  |  |
| **OAS SA - Exp. 01/21/2039 «(k)** | 131712 | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Brazil (Cost $2,534) |  | 2346 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CANADA 2.4%**  |  |  |
| **CORPORATE BONDS & NOTES 2.4%**  |  |  |
| **First Quantum Minerals Ltd.**  |  |  |
| 8.000% due 03/01/2033  | $300 | 308 |
| 8.625% due 06/01/2031  | 300 | 312 |
| 9.375% due 03/01/2029  | 200 | 212 |
| **Ivanhoe Mines Ltd.** <br>7.875% due 01/23/2030 | 200 | 200 |
| **Windfall Mining Group, Inc.** <br>5.854% due 05/13/2032 | 500 | 511 |
| Total Canada (Cost $1,497) |  | 1543 |
| **CAYMAN ISLANDS 7.4%**  |  |  |
| **CONVERTIBLE BONDS & NOTES 0.5%**  |  |  |
| **Wynn Macau Ltd.** <br>4.500% due 03/07/2029 | $300 | 299 |
| **CORPORATE BONDS & NOTES 6.9%**  |  |  |
| **Arabian Centres Sukuk Ltd.** <br>9.500% due 03/06/2029 | 200 | 205 |
| **China Modern Dairy Holdings Ltd.** <br>2.125% due 07/14/2026 | 300 | 292 |
| **Esic Sukuk Ltd.** <br>5.831% due 02/14/2029 | 300 | 305 |
| **FWD Group Holdings Ltd.** <br>8.400% due 04/05/2029 | 200 | 205 |
| **Greentown China Holdings Ltd.** <br>8.450% due 02/24/2028 | 200 | 204 |
| **Health & Happiness H&H International Holdings Ltd.** <br>9.125% due 07/24/2028 | 200 | 204 |
| **IHS Holding Ltd.** <br>8.250% due 11/29/2031 | 500 | 506 |
| **KFH Sukuk Co.** <br>5.376% due 01/14/2030 | 200 | 205 |
| **Melco Resorts Finance Ltd.** <br>5.625% due 07/17/2027 | 350 | 350 |
| **Odebrecht Holdco Finance Ltd.** <br>0.000% due 09/10/2058 (f) | 2121 | 4 |
| **OEC Finance Ltd.**  |  |  |
| 4.375% due 10/25/2029 ^(c)  | 188 | 2 |
| 5.250% due 12/27/2033 ^(c)  | 1264 | 15 |
| **OEC Finance Ltd.** <br>7.125% due 12/26/2046 ^(c) | 766 | 3 |
| **QNB Finance Ltd.**  |  |  |
| 2.750% due 02/12/2027  | 300 | 292 |
| 4.875% due 01/30/2029  | 300 | 305 |
| **Sable International Finance Ltd.** <br>7.125% due 10/15/2032 | 400 | 402 |
| **Sands China Ltd.**  |  |  |
| 4.375% due 06/18/2030  | 300 | 287 |
| 5.400% due 08/08/2028  | 350 | 353 |
| **Wynn Macau Ltd.** <br>5.500% due 01/15/2026 | 300 | 300 |
|  |  | 4439 |
| Total Cayman Islands (Cost $6,714) |  | 4738 |
| **CHILE 3.7%**  |  |  |
| **CORPORATE BONDS & NOTES 3.7%**  |  |  |
| **AES Andes SA** <br>6.300% due 03/15/2029 | $200 | 206 |
| **Alfa Desarrollo SpA** <br>4.550% due 09/27/2051 | 395 | 291 |
| **Banco de Chile** <br>2.990% due 12/09/2031 | 700 | 624 |
| **Caja de Compensacion de Asignacion Familiar de Los Andes** <br>7.000% due 07/30/2029 | 200 | 209 |
| **Cencosud SA** <br>5.950% due 05/28/2031 | 300 | 310 |
| **Empresa Electrica Cochrane SpA** <br>5.500% due 05/14/2027 | 31 | 31 |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Engie** **Energia Chile SA** <br>6.375% due 04/17/2034 | 200 | 208 |
| **Latam Airlines Group SA** <br>7.625% due 01/07/2031 (a) | 300 | 302 |
| **Telefonica Moviles Chile SA** <br>3.537% due 11/18/2031 | 300 | 186 |
| Total Chile (Cost $2,341) |  | 2367 |
| **COLOMBIA 2.6%**  |  |  |
| **CORPORATE BONDS & NOTES 2.3%**  |  |  |
| **Banco Davivienda SA** <br>8.125% due 07/02/2035 •(a)(i) | $300 | 302 |
| **Ecopetrol SA**  |  |  |
| 5.875% due 05/28/2045  | 350 | 242 |
| 8.875% due 01/13/2033  | 500 | 516 |
| **Grupo Nutresa SA**  |  |  |
| 8.000% due 05/12/2030  | 200 | 210 |
| 9.000% due 05/12/2035  | 200 | 216 |
|  |  | 1486 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Colombia Government International Bond** <br>8.500% due 04/25/2035 | 200 | 208 |
| Total Colombia (Cost $1,823) |  | 1694 |
| **CZECH REPUBLIC 0.9%**  |  |  |
| **CORPORATE BONDS & NOTES 0.9%**  |  |  |
| **EP Infrastructure AS** <br>2.045% due 10/09/2028 | 300 | 339 |
| **EPH Financing International AS** <br>6.651% due 11/13/2028 | 200 | 256 |
| Total Czech Republic (Cost $503) |  | 595 |
| **DOMINICAN REPUBLIC 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Dominican Republic Central Bank Notes** <br>13.000% due 12/05/2025 | 12800 | 215 |
| **Dominican Republic International Bond** <br>11.250% due 09/15/2035 | 24000 | 429 |
| Total Dominican Republic (Cost $646) |  | 644 |
| **ECUADOR 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Ecuador Government International Bond** <br>6.900% due 07/31/2030 | $200 | 174 |
| Total Ecuador (Cost $152) |  | 174 |
| **EGYPT 0.9%**  |  |  |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Egypt Government International Bond** <br>21.954% due 03/04/2028 | 30200 | 601 |
| Total Egypt (Cost $575) |  | 601 |
| **FRANCE 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **New Immo Holding SA** <br>2.750% due 11/26/2026 | 100 | 116 |
| Total France (Cost $99) |  | 116 |
| **GERMANY 0.4%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Stepstone Group MidCo 2 GmbH**<br>8.608% - 8.651% (TSFR3M + 4.500%) due 12/19/2031 | $300 | 292 |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Germany (Cost $297) |  | 292 |
| **HONG KONG 2.0%**  |  |  |
| **CORPORATE BONDS & NOTES 2.0%**  |  |  |
| **AIA Group Ltd.**  |  |  |
| 3.600% due 04/09/2029  | $300 | 293 |
| 5.625% due 10/25/2027  | 300 | 309 |
| **Fortune Star BVI Ltd.** <br>3.950% due 10/02/2026 | 300 | 343 |
| **GLP China Holdings Ltd.** <br>2.950% due 03/29/2026 | $200 | 189 |
| **Lenovo Group Ltd.** <br>3.421% due 11/02/2030 | 200 | 187 |
| Total Hong Kong (Cost $1,215) |  | 1321 |
| **INDIA 2.4%**  |  |  |
| **CORPORATE BONDS & NOTES 2.4%**  |  |  |
| **Adani Electricity Mumbai Ltd.** <br>3.949% due 02/12/2030 | $262 | 235 |
| **Adani Transmission Step-One Ltd.** <br>4.000% due 08/03/2026 | 200 | 198 |
| **IIFL Finance Ltd.** <br>8.750% due 07/24/2028 | 200 | 201 |
| **Piramal Finance Ltd.** <br>7.800% due 01/29/2028 | 200 | 201 |
| **Reliance Industries Ltd.** <br>2.875% due 01/12/2032 | 300 | 267 |
| **ReNew Wind Energy AP2** <br>4.500% due 07/14/2028 | 250 | 237 |
| **Shriram Finance Ltd.** <br>4.150% due 07/18/2025 | 234 | 234 |
| Total India (Cost $1,595) |  | 1573 |
| **INDONESIA 1.6%**  |  |  |
| **CORPORATE BONDS & NOTES 1.6%**  |  |  |
| **Bank Mandiri Persero Tbk PT** <br>4.900% due 03/24/2028 | $300 | 302 |
| **Freeport Indonesia PT**  |  |  |
| 5.315% due 04/14/2032  | 500 | 502 |
| 6.200% due 04/14/2052  | 200 | 196 |
| Total Indonesia (Cost $950) |  | 1000 |
| **IRELAND 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Alfa Bank AO Via Alfa Bond Issuance PLC** <br>5.950% due 04/15/2030 ^«(c)(i) | $900 | 54 |
| **CIMA Finance DAC** <br>2.950% due 09/05/2029 | 142 | 131 |
|  |  | 185 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 200 | 237 |
| Total Ireland (Cost $1,244) |  | 422 |
| **ISLE OF MAN 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **AngloGold Ashanti Holdings PLC** <br>3.750% due 10/01/2030 | $400 | 373 |
| Total Isle of Man (Cost $362) |  | 373 |
| **ISRAEL 1.8%**  |  |  |
| **CORPORATE BONDS & NOTES 1.8%**  |  |  |
| **Bank Hapoalim BM** <br>3.255% due 01/21/2032 •(i) | $200 | 192 |
| **Bank Leumi Le-Israel BM** <br>7.129% due 07/18/2033 •(i) | 200 | 205 |
| **Energian Israel Finance Ltd.** <br>5.375% due 03/30/2028 | 400 | 382 |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **ICL** **Group Ltd.** <br>6.375% due 05/31/2038 | 200 | 202 |
| **Israel Electric Corp. Ltd.** <br>4.250% due 08/14/2028 | 200 | 195 |
| Total Israel (Cost $1,132) |  | 1176 |
| **IVORY COAST 0.9%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.9%**  |  |  |
| **Republic of Cote d'Ivoire**<br>5.403% (EUR006M + 3.050%) due 03/09/2026 «~ | 500 | 587 |
| Total Ivory Coast (Cost $533) |  | 587 |
| **JERSEY, CHANNEL ISLANDS 0.3%**  |  |  |
| **CONVERTIBLE BONDS & NOTES 0.3%**  |  |  |
| **Goldman Sachs Finance Corp. International Ltd.** <br>0.000% due 04/04/2028 (f) | $200 | 212 |
| Total Jersey, Channel Islands (Cost $206) |  | 212 |
| **KAZAKHSTAN 2.4%**  |  |  |
| **CORPORATE BONDS & NOTES 2.4%**  |  |  |
| **Kaspi.KZ JSC** <br>6.250% due 03/26/2030 | $300 | 302 |
| **KazMunayGas National Co. JSC** <br>6.375% due 10/24/2048 | 700 | 648 |
| **Tengizchevroil Finance Co. International Ltd.** <br>3.250% due 08/15/2030 | 700 | 624 |
| Total Kazakhstan (Cost $1,485) |  | 1574 |
| **LUXEMBOURG 4.2%**  |  |  |
| **CORPORATE BONDS & NOTES 4.2%**  |  |  |
| **Banco Votorantim SA** <br>5.875% due 04/08/2028 | $300 | 304 |
| **Chile Electricity Lux MPC SARL** <br>5.672% due 10/20/2035 | 600 | 605 |
| **Greensaif Pipelines Bidco SARL**  |  |  |
| 6.129% due 02/23/2038  | 300 | 310 |
| 6.510% due 02/23/2042  | 200 | 207 |
| **MHP Lux SA** <br>6.950% due 04/03/2026 | 200 | 187 |
| **Millicom International Cellular SA** <br>4.500% due 04/27/2031 | 300 | 274 |
| **Raizen Fuels Finance SA**  |  |  |
| 5.700% due 01/17/2035  | 200 | 187 |
| 6.250% due 07/08/2032 (a)  | 300 | 298 |
| **Saavi Energia SARL** <br>8.875% due 02/10/2035 | 300 | 314 |
| Total Luxembourg (Cost $2,629) |  | 2686 |
| **MALAYSIA 0.9%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **MISC Capital Two Labuan Ltd.** <br>3.750% due 04/06/2027 | $500 | 493 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Malaysia Government Investment Issue**  |  |  |
| 3.465% due 10/15/2030  | 70 | 17 |
| 4.245% due 09/30/2030  | 70 | 17 |
|  |  | 34 |
| Total Malaysia (Cost $523) |  | 527 |
| **MAURITIUS 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **CA Magnum Holdings** <br>5.375% due 10/31/2026 | $200 | 199 |
| **Greenko Wind Projects Mauritius Ltd.** <br>7.250% due 09/27/2028 | 300 | 303 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Mauritius (Cost $498) |  | 502 |
| **MEXICO 4.0%**  |  |  |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **Hipotecaria Su Casita SA «(d)** | 172487 | 0 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 4.0%**  |  |  |
| **Alfa SAB de CV** <br>6.875% due 03/25/2044 | $200 | 215 |
| **Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa** <br>4.375% due 04/11/2027 | 500 | 494 |
| **Banco Mercantil del Norte SA** <br>5.875% due 01/24/2027 •(h)(i) | 200 | 194 |
| **BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico** <br>7.625% due 02/11/2035 •(i) | 200 | 206 |
| **Braskem Idesa SAPI** <br>7.450% due 11/15/2029 | 200 | 147 |
| **Gruma SAB de CV** <br>5.761% due 12/09/2054 | 200 | 190 |
| **Grupo Televisa SAB** <br>5.250% due 05/24/2049 | 200 | 146 |
| **Metalsa Sapi De Cv** <br>3.750% due 05/04/2031 | 300 | 247 |
| **Minera Mexico SA de CV** <br>5.625% due 02/12/2032 | 300 | 305 |
| **Trust Fibra Uno**  |  |  |
| 6.390% due 01/15/2050  | 300 | 251 |
| 7.700% due 01/23/2032  | 200 | 209 |
|  |  | 2604 |
| Total Mexico (Cost $3,806) |  | 2604 |
| **MOROCCO 1.1%**  |  |  |
| **CORPORATE BONDS & NOTES 1.1%**  |  |  |
| **OCP SA**  |  |  |
| 6.700% due 03/01/2036  | $200 | 201 |
| 6.875% due 04/25/2044  | 500 | 484 |
| Total Morocco (Cost $678) |  | 685 |
| **MULTINATIONAL 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 | $200 | 195 |
| Total Multinational (Cost $211) |  | 195 |
| **NETHERLANDS 2.0%**  |  |  |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **Stichting Administratiekantoor (d)** | 1831 | 0 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 1.7%**  |  |  |
| **Arcos Dorados BV** <br>6.125% due 05/27/2029 | $200 | 203 |
| **Prosus NV**  |  |  |
| 3.832% due 02/08/2051  | 200 | 129 |
| 4.987% due 01/19/2052  | 300 | 232 |
| **Teva Pharmaceutical Finance Netherlands BV** <br>4.100% due 10/01/2046 | 200 | 144 |
| **Unigel Netherlands Holding Corp. BV (15.000% Cash or 15.000% PIK)**  | 20 | 13 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 15.000% due 12/31/2044 ^(b)(d)<br> **Yinson Bergenia Production BV** <br>8.498% due 01/31/2045 (a) | 200 | 203 |
| **Yinson Boronia Production BV** <br>8.947% due 07/31/2042 | 198 | 211 |
|  |  | 1135 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **VEON Amsterdam BV**<br>8.531% - 10.750% (TSFR3M + 3.250%) due 03/25/2027 «~ | 200 | 200 |
| Total Netherlands (Cost $1,450) |  | 1335 |
| **PAKISTAN 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Pakistan Government International Bond** <br>6.000% due 04/08/2026 | $200 | 197 |
| Total Pakistan (Cost $196) |  | 197 |
| **PANAMA 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Telecomunicaciones Digitales SA** <br>4.500% due 01/30/2030 | $400 | 373 |
| Total Panama (Cost $359) |  | 373 |
| **PERU 4.3%**  |  |  |
| **CORPORATE BONDS & NOTES 3.8%**  |  |  |
| **Banco de Credito del Peru SA**  |  |  |
| 3.125% due 07/01/2030 •(i)  | $400 | 400 |
| 6.450% due 07/30/2035 •  | 300 | 306 |
| **Banco Internacional del Peru SAA Interbank** <br>3.250% due 10/04/2026 | 400 | 394 |
| **Credicorp Capital Sociedad Titulizadora SA**  |  |  |
| 9.700% due 03/05/2045 «  | 500 | 147 |
| 10.100% due 12/15/2043  | 500 | 150 |
| **Hunt Oil Co. of Peru LLC Sucursal Del Peru** <br>7.750% due 11/05/2038 | $200 | 212 |
| **InRetail Consumer** <br>3.250% due 03/22/2028 | 200 | 190 |
| **Kallpa Generacion SA** <br>5.875% due 01/30/2032 | 200 | 205 |
| **Niagara Energy SAC** <br>5.746% due 10/03/2034 | 300 | 297 |
| **Peru LNG SRL** <br>5.375% due 03/22/2030 | 167 | 157 |
|  |  | 2458 |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 5.500% due 03/30/2036  | 200 | 201 |
| 7.300% due 08/12/2033  | 400 | 123 |
|  |  | 324 |
| Total Peru (Cost $2,708) |  | 2782 |
| **PHILIPPINES 0.9%**  |  |  |
| **CORPORATE BONDS & NOTES 0.9%**  |  |  |
| **Petron Corp.** <br>5.950% due 04/19/2026 •(h) | $200 | 199 |
| **San Miguel Global Power Holdings Corp.**  |  |  |
| 5.450% due 12/09/2026 •(h)  | 200 | 195 |
| 8.750% due 06/12/2029 •(h)  | 200 | 201 |
| Total Philippines (Cost $502) |  | 595 |
| **POLAND 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **ORLEN SA** <br>6.000% due 01/30/2035 | $200 | 206 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Poland (Cost $197) |  | 206 |
| **QATAR 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Nakilat, Inc.** <br>6.067% due 12/31/2033 | $231 | 242 |
| **QatarEnergy LNG S3** <br>6.332% due 09/30/2027 | 209 | 213 |
| Total Qatar (Cost $468) |  | 455 |
| **RUSSIA 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **ALROSA Finance SA** <br>3.100% due 06/25/2027 ^«(c) | $800 | 48 |
| Total Russia (Cost $805) |  | 48 |
| **SAUDI ARABIA 1.7%**  |  |  |
| **CORPORATE BONDS & NOTES 1.4%**  |  |  |
| **Saudi Arabian Oil Co.**  |  |  |
| 4.750% due 06/02/2030  | $200 | 201 |
| 5.875% due 07/17/2064  | 200 | 183 |
| 6.375% due 06/02/2055  | 500 | 500 |
|  |  | 884 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Saudi Government International Bond** <br>5.125% due 01/13/2028 | 200 | 203 |
| Total Saudi Arabia (Cost $1,085) |  | 1087 |
| **SINGAPORE 1.9%**  |  |  |
| **CORPORATE BONDS & NOTES 1.9%**  |  |  |
| **Cathaylife Singapore Pte. Ltd.** <br>5.950% due 07/05/2034 | $200 | 206 |
| **Medco Cypress Tree Pte. Ltd.** <br>8.625% due 05/19/2030 | 250 | 256 |
| **Nanshan Life Pte. Ltd.** <br>5.450% due 09/11/2034 | 200 | 188 |
| **SingTel Group Treasury Pte. Ltd.** <br>2.375% due 08/28/2029 | 400 | 372 |
| **Yinson Production Financial Services Pte. Ltd.** <br>9.625% due 05/03/2029 | 200 | 208 |
| Total Singapore (Cost $1,232) |  | 1230 |
| **SOUTH AFRICA 2.0%**  |  |  |
| **CONVERTIBLE BONDS & NOTES 0.6%**  |  |  |
| **Sasol Financing USA LLC** <br>4.500% due 11/08/2027 | $400 | 368 |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Sasol Financing USA LLC** <br>6.500% due 09/27/2028 | 400 | 380 |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Republic of South Africa Government International Bond** <br>8.875% due 02/28/2035 | 9400 | 496 |
| Total South Africa (Cost $1,224) |  | 1244 |
| **SOUTH KOREA 5.4%**  |  |  |
| **CORPORATE BONDS & NOTES 4.8%**  |  |  |
| **Hanwha Life Insurance Co. Ltd.** <br>6.300% due 06/24/2055 •  | $300 | 309 |
| **Kookmin Bank** <br>2.500% due 11/04/2030 (i)(l) | 500 | 447 |
| **Korea Southern Power Co. Ltd.** <br>5.375% due 09/21/2026 | 300 | 303 |
| **LG Energy Solution Ltd.**  |  |  |
| 5.750% due 09/25/2028  | 200 | 205 |
| 5.875% due 04/02/2035  | 300 | 299 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **POSCO** <br>4.875% due 01/23/2027 | 200 | 201 |
| **Shinhan Bank Co. Ltd.** <br>3.875% due 03/24/2026 (i) | 300 | 298 |
| **Shinhan Card Co. Ltd.** <br>2.500% due 01/27/2027 | 400 | 388 |
| **SK Hynix, Inc.** <br>6.375% due 01/17/2028 | 200 | 209 |
| **SK On Co. Ltd.** <br>5.375% due 05/11/2026 | 400 | 403 |
|  |  | 3062 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Korea Expressway Corp.** <br>5.000% due 05/14/2027 | 200 | 203 |
| **Korea Housing Finance Corp.** <br>4.875% due 08/27/2027 | 200 | 203 |
|  |  | 406 |
| Total South Korea (Cost $3,451) |  | 3468 |
| **THAILAND 1.4%**  |  |  |
| **CORPORATE BONDS & NOTES 1.4%**  |  |  |
| **Bangkok Bank PCL** <br>4.300% due 06/15/2027 | $400 | 398 |
| **Kasikornbank PCL** <br>3.343% due 10/02/2031 •(i) | 500 | 487 |
|  |  | 885 |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Thailand Government International Bond**  |  |  |
| 3.300% due 06/17/2038  | 30 | 1 |
| 3.350% due 06/17/2033  | 40 | 1 |
| 3.450% due 06/17/2043  | 20 | 1 |
|  |  | 3 |
| Total Thailand (Cost $863) |  | 888 |
| **TRINIDAD AND TOBAGO 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Trinidad Generation UnLtd.** <br>7.750% due 06/16/2033 | $200 | 207 |
| Total Trinidad and Tobago (Cost $196) |  | 207 |
| **TURKEY 2.8%**  |  |  |
| **CORPORATE BONDS & NOTES 2.8%**  |  |  |
| **Akbank TAS** <br>7.498% due 01/20/2030 | $500 | 510 |
| **Ford Otomotiv Sanayi AS** <br>7.125% due 04/25/2029 | 300 | 301 |
| **Mersin Uluslararasi Liman Isletmeciligi AS** <br>8.250% due 11/15/2028 | 100 | 104 |
| **Turkcell Iletisim Hizmetleri AS** <br>7.450% due 01/24/2030 | 200 | 204 |
| **Turkish Airlines Pass-Through Trust** <br>4.200% due 09/15/2028 | 284 | 275 |
| **Turkiye Is Bankasi AS** <br>7.750% due 06/12/2029 | 200 | 205 |
| **Yapi ve Kredi Bankasi AS** <br>9.250% due 10/16/2028 | 200 | 214 |
| Total Turkey (Cost $1,762) |  | 1813 |
| **UKRAINE 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2030 (g)  | $45 | 22 |
| 0.000% due 02/01/2034 (g)  | 168 | 65 |
| 1.750% due 02/01/2036  | 52 | 26 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Ukraine (Cost $104) |  | 113 |
| **UNITED ARAB EMIRATES 6.1%**  |  |  |
| **CORPORATE BONDS & NOTES 6.1%**  |  |  |
| **Abu Dhabi Commercial Bank PJSC** <br>3.500% due 03/31/2027 | $400 | 394 |
| **Abu Dhabi Developmental Holding Co. PJSC**  |  |  |
| 4.500% due 05/06/2030  | 200 | 200 |
| 5.000% due 05/06/2035  | 200 | 200 |
| **Emirates NBD Bank PJSC** <br>5.875% due 10/11/2028 | 250 | 261 |
| **First Abu Dhabi Bank PJSC** <br>4.774% due 06/06/2028 (l) | 900 | 909 |
| **Kuwait Projects Co. SPC Ltd.** <br>4.500% due 02/23/2027 | 300 | 285 |
| **Masdar Abu Dhabi Future Energy Co.** <br>4.875% due 07/25/2033 | 700 | 694 |
| **NBK SPC Ltd.** <br>1.625% due 09/15/2027 •  | 1000 | 964 |
| Total United Arab Emirates (Cost $3,867) |  | 3907 |
| **UNITED KINGDOM 5.3%**  |  |  |
| **CORPORATE BONDS & NOTES 5.1%**  |  |  |
| **Anglo American Capital PLC** <br>5.500% due 05/02/2033 | $500 | 510 |
| **Antofagasta PLC** <br>6.250% due 05/02/2034 | 200 | 210 |
| **Avianca Midco PLC** <br>9.000% due 12/01/2028 | 400 | 380 |
| **Azule Energy Finance PLC** <br>8.125% due 01/23/2030 | 450 | 446 |
| **Endeavour Mining PLC** <br>7.000% due 05/28/2030 | 250 | 251 |
| **Fresnillo PLC** <br>4.250% due 10/02/2050 | 200 | 146 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (f) | 200 | 142 |
| **Standard Chartered PLC** <br>7.767% due 11/16/2028 •  | 200 | 214 |
| **Vedanta Resources Finance PLC**  |  |  |
| 9.475% due 07/24/2030  | 200 | 199 |
| 10.875% due 09/17/2029  | 200 | 208 |
| **WE Soda Investments Holding PLC**  |  |  |
| 9.375% due 02/14/2031  | 200 | 209 |
| 9.500% due 10/06/2028  | 350 | 366 |
|  |  | 3281 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.2%**  |  |  |
| **Canada Square Funding PLC** <br>5.161% due 01/17/2059 •  | 71 | 98 |
| **Rochester Financing PLC** <br>4.939% due 12/18/2044 •  | 39 | 53 |
|  |  | 151 |
| Total United Kingdom (Cost $3,341) |  | 3432 |
| **UNITED STATES 8.5%**  |  |  |
| **ASSET-BACKED SECURITIES 0.3%**  |  |  |
| **Citigroup Mortgage Loan Trust** <br>7.250% due 05/25/2036 þ | $193 | 96 |
| **Countrywide Asset-Backed Certificates Trust** <br>4.874% due 09/25/2037 •  | 13 | 13 |
| **NovaStar Mortgage Funding Trust** <br>4.634% due 09/25/2037 •  | 61 | 60 |
|  |  | 169 |
| **CORPORATE BONDS & NOTES 3.9%**  |  |  |
| **Bimbo Bakeries USA, Inc.** <br>6.050% due 01/15/2029 | 200 | 209 |
| **Hanwha Q Cells Americas Holdings Corp.** <br>5.000% due 07/27/2028 | 200 | 204 |
| **Invepar Holdings LLC** <br>1.000% due 12/31/2049 (k) | 158 | 0 |
| **Kosmos Energy Ltd.** <br>8.750% due 10/01/2031 | 400 | 297 |
| **Las Vegas Sands Corp.**  |  |  |
| 3.900% due 08/08/2029  | 400 | 381 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.000% due 08/15/2029  | 500 | 514 |
| **Rio Oil Finance Trust**  |  |  |
| 8.200% due 04/06/2028  | 222 | 232 |
| 9.750% due 01/06/2027  | 167 | 172 |
| **Southern Copper Corp.** <br>7.500% due 07/27/2035 | 200 | 230 |
| **Stillwater Mining Co.** <br>4.000% due 11/16/2026 | 300 | 293 |
|  |  | 2532 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.5%**  |  |  |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.664% due 10/25/2035 •  | 201 | 194 |
| **Citigroup Mortgage Loan Trust** <br>5.054% due 08/25/2036 ~ | 132 | 120 |
|  |  | 314 |
| **U.S. GOVERNMENT AGENCIES 2.9%**  |  |  |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 08/01/2055 | 250 | 233 |
| 4.500% due 08/01/2055 | 250 | 239 |
| 5.000% due 08/01/2055 | 1200 | 1175 |
| 5.500% due 08/01/2055 | 250 | 250 |
|  |  | 1897 |
| **U.S. TREASURY OBLIGATIONS 0.9%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.375% due 11/15/2040 | 900 | 574 |
| Total United States (Cost $5,909) |  | 5486 |
| **UZBEKISTAN 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Uzbek Industrial & Construction Bank ATB** <br>21.000% due 07/24/2027 | 2500000 | 200 |
| Total Uzbekistan (Cost $199) |  | 200 |
| **VIRGIN ISLANDS (BRITISH) 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Gerdau Trade, Inc.** <br>5.750% due 06/09/2035 | $300 | 301 |
| **NWD Finance BVI Ltd.** <br>5.250% due 03/22/2026 (h) | 200 | 57 |
| **OAS Restructuring BVI Ltd.** <br>5.000% due 03/31/2035 « | 356 | 3 |
| Total Virgin Islands (British) (Cost $484) |  | 361 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 1.8%**  |  |  |
| **MUTUAL FUNDS 0.5%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (j) | 314712 | 315 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 1.3%**  |  |  |
| 29.404% due 08/19/2025 - 06/29/2026 (e)(f) | 1466470 | 831 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $1,120) |  | 1146 |
| Total Investments in Securities (Cost $67,629) |  | 62994 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 5.2%**  |  |  |
| **SHORT-TERM INSTRUMENTS 5.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 5.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 341283 | 3323 |
| Total Short-Term Instruments (Cost $3,322) |  | 3323 |
| Total Investments in Affiliates (Cost $3,322) |  | 3323 |
| Total Investments 103.0% (Cost $70,951) |  | $66317 |
| **Financial Derivative Instruments (m)(n) (0.2)**%(Cost or Premiums, net $197) |  | (129) |
| Other Assets and Liabilities, net (2.8)% |  | (1828) |
| Net Assets 100.0% |  | $64360 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(h)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(i)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(j)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(k)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Invepar Holdings LLC 1.000% due 12/31/2049 | Invepar Holdings LLC 1.000% due 12/31/2049 | 11/16/2018 | 0 | 0 | 0 | 0.00 |
| OAS SA - Exp. 01/21/2039 | OAS SA - Exp. 01/21/2039 | 04/30/2019 | 0 | 0 | 0 | 0.00 |
|  |  | $ | 0 | 0 | 0 | 0.00%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Borrowing Rate<sup>(1)</sup> | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BRC | 4.450%  | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (403) | (403) | (413) |
|  | 4.550  | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (846) | (846) | (866) |
| **Total Reverse Repurchase Agreements** |  |  |  |  |  | **(1279)** |
| **(l)** | **Securities with an aggregate market value of $1,356 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,356 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,356 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,356 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,356 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,356 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1251) at a weighted average interest rate of 4.515%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1251) at a weighted average interest rate of 4.515%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1251) at a weighted average interest rate of 4.515%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1251) at a weighted average interest rate of 4.515%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1251) at a weighted average interest rate of 4.515%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1251) at a weighted average interest rate of 4.515%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Expiration<br>Month | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| U.S. Treasury 5-Year Note September Futures  | 09/2025 | 86 | 86 | 86 | 10 | $0 |
| U.S. Treasury 10-Year Note September Futures  | 09/2025 | 54 | 54 | 54 | 9 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 3 |  | 383 | 7 | 7 | 7 | 0 | 0 | 0 | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 147 | 147 | $ | 19 | 19 | $ | (1) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 2 | $ | (229) | $(6) | (6) | (6) | $0 | 0 | 0 | (1) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 2 |  | (238) | (7) | (7) | (7) | 0 | 0 | 0 | (3) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (13) | (13) | $ | 0 | 0 | $ | (4) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **134** | **134** | **$** | **19** | **19** | **$** | **(5)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(2)</sup> | Notional<br>Amount<sup>(2)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Market<br>Value<sup>(3)</sup> | Asset | Asset | Liability |
| CDX.EM-41 5-Year Index  | CDX.EM-41 5-Year Index  | 1.000% | 1.000% | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | $ | 900 | 900 | (27) | 19 | (8) | (8) | (8) | 2 | 2 | 0 |
| CDX.EM-42 5-Year Index  | CDX.EM-42 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 |  | 200 | 200 | (5) | 2 | (3) | (3) | (3) | 0 | 0 | 0 |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 |  | 100 | 100 | 5 | 3 | 8 | 8 | 8 | 0 | 0 | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 |  | 2700 | 2700 | 35 | 26 | 61 | 61 | 61 | 2 | 2 | 0 |
| CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | EUR | 180 | 180 | 16 | 4 | 20 | 20 | 20 | 1 | 1 | 0 |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 |  | 1200 | 1200 | 26 | 4 | 30 | 30 | 30 | 1 | 1 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 50 | 58 | 108 | 108 | 108 | 6 | 6 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | Annual | Annual | 03/19/2030 | 03/19/2030 | GBP | 400 | 400 | $(11) | 6 | $(5) | (5) | (5) | $0 | 0 | $0 |
| Pay<sup>(4)</sup> | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 1.500 | 1.500 | Quarterly | Quarterly | 09/17/2027 | 09/17/2027 | THB | 6110 | 6110 | (1) | 2 | 1 | 1 | 1 | 0 | 0 | 0 |
| Receive<sup>(4)</sup> | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 2.000 | 2.000 | Quarterly | Quarterly | 09/17/2030 | 09/17/2030 |  | 3560 | 3560 | (1) | (3) | (4) | (4) | (4) | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 06/18/2029 | 06/18/2029 | $ | $1800 | 1800 | 34 | (24) | 10 | 10 | 10 | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 06/20/2029 | 06/20/2029 |  | 1400 | 1400 | (14) | 33 | 19 | 19 | 19 | 2 | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 12/18/2029 | 12/18/2029 |  | 1700 | 1700 | 44 | (26) | 18 | 18 | 18 | 3 | 3 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 06/18/2030 | 06/18/2030 |  | 400 | 400 | 10 | (7) | 3 | 3 | 3 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 06/18/2034 | 06/18/2034 |  | 400 | 400 | 13 | (1) | 12 | 12 | 12 | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 12/18/2034 | 12/18/2034 |  | 500 | 500 | 13 | (11) | 2 | 2 | 2 | 2 | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 06/18/2035 | 06/18/2035 |  | 300 | 300 | 15 | (4) | 11 | 11 | 11 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | 3.500 | Annual | Annual | 06/20/2054 | 06/20/2054 |  | 300 | 300 | 18 | 4 | 22 | 22 | 22 | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | 3.500 | Annual | Annual | 12/18/2054 | 12/18/2054 |  | 200 | 200 | (11) | 27 | 16 | 16 | 16 | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 06/18/2055 | 06/18/2055 |  | 300 | 300 | 34 | 1 | 35 | 35 | 35 | 0 | 0 | (2) |
| Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.131 | 12.131 | Maturity | Maturity | 01/04/2027 | 01/04/2027 | BRL | 3500 | 3500 | 27 | (42) | (15) | (15) | (15) | 1 | 1 | 0 |
| Pay | 6-Month CZK-PRIBOR | 6-Month CZK-PRIBOR | 4.611 | 4.611 | Annual | Annual | 06/06/2028 | 06/06/2028 | CZK | 6800 | 6800 | 3 | 7 | 10 | 10 | 10 | 0 | 0 | (1) |
| Receive<sup>(4)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2030 | 09/17/2030 | EUR | 800 | 800 | 9 | (7) | 2 | 2 | 2 | 1 | 1 | 0 |
| Receive<sup>(4)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2035 | 09/17/2035 |  | 200 | 200 | 5 | 3 | 8 | 8 | 8 | 0 | 0 | 0 |
| Pay<sup>(4)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2055 | 09/17/2055 |  | 30 | 30 | (1) | (3) | (4) | (4) | (4) | 0 | 0 | 0 |
| Pay | 6-Month HUF-BBR | 6-Month HUF-BBR | 5.890 | 5.890 | Annual | Annual | 05/09/2030 | 05/09/2030 | HUF | 184600 | 184600 | (6) | 1 | (5) | (5) | (5) | 1 | 1 | 0 |
| Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.207 | 8.207 | Lunar | Lunar | 12/08/2025 | 12/08/2025 | MXN | 3700 | 3700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pay<sup>(4)</sup> | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.207 | 8.207 | Lunar | Lunar | 06/19/2028 | 06/19/2028 |  | 3700 | 3700 | 0 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 180 | (42) | 138 | 138 | 138 | 10 | 10 | (12) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **230** | **16** | **246** | **246** | **246** | **16** | **16** | **(12)** |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash** **of $675 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(3)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 39 | $24 | 24 | $0 | $0 |
|  |  | 08/2025  | 423 | 59 | 59 | 0 | 0 |
|  |  | 08/2025  | $24 | 39 | 39 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 7782 | $130 | 130 | 0 | 0 |
|  |  | 07/2025  | 2027 | 2305 | 2305 | 0 | (83) |
|  |  | 07/2025  | 2054794 | 126 | 126 | 0 | (1) |
|  |  | 07/2025  | 135 | 32 | 32 | 0 | 0 |
|  |  | 07/2025  | 528 | 145 | 145 | 0 | (4) |
|  |  | 07/2025  | $91 | 124 | 124 | 0 | 0 |
|  |  | 07/2025  | 91 | 74 | 74 | 2 | 0 |
|  |  | 08/2025  | 10 | $0 | 0 | 0 | 0 |
|  |  | 08/2025  | $71 | 507 | 507 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 44 | $1 | 1 | 0 | 0 |
|  |  | 07/2025  | 1431 | 44 | 44 | 0 | (5) |
|  |  | 07/2025  | $12 | 192259 | 192259 | 0 | 0 |
|  |  | 07/2025  | 25 | 809 | 809 | 0 | 0 |
|  |  | 08/2025  | 375 | $52 | 52 | 0 | 0 |
|  |  | 08/2025  | 84 | 4 | 4 | 0 | 0 |
|  |  | 08/2025  | 534 | 6 | 6 | 0 | 0 |
|  |  | 08/2025  | 1220 | 37 | 37 | 0 | (5) |
|  |  | 08/2025  | $71 | 505 | 505 | 0 | 0 |
|  |  | 08/2025  | 0 | 1 | 1 | 0 | 0 |
|  |  | 09/2025  | 994 | $272 | 272 | 0 | (24) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 24 | 27 | 27 | 0 | (1) |
|  |  | 07/2025  | 584 | 173 | 173 | 0 | 0 |
|  |  | 07/2025  | 618 | 166 | 166 | 0 | (6) |
|  |  | 07/2025  | 1457 | 36 | 36 | 0 | (1) |
|  |  | 07/2025  | $154 | 236 | 236 | 2 | 0 |
|  |  | 07/2025  | 247 | 182 | 182 | 3 | 0 |
|  |  | 07/2025  | 349 | 1215 | 1215 | 12 | 0 |
|  |  | 07/2025  | 3 | 410 | 410 | 0 | 0 |
|  |  | 07/2025  | 10 | 38 | 38 | 0 | 0 |
|  |  | 07/2025  | 353 | 15576 | 15576 | 35 | 0 |
|  |  | 07/2025  | 6388 | $353 | 353 | 0 | (7) |
|  |  | 08/2025  | 828 | 37 | 37 | 0 | (2) |
|  |  | 08/2025  | 133 | 181 | 181 | 0 | (2) |
|  |  | 08/2025  | $56 | 2327 | 2327 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 148 | 527 | 527 | 1 | 0 |
|  |  | 09/2025  | 689 | $192 | 192 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 130465 | 95 | 95 | 0 | (1) |
|  |  | 07/2025  | 280 | 30 | 30 | 0 | 0 |
|  |  | 07/2025  | 434 | 13 | 13 | 0 | 0 |
|  |  | 07/2025  | 2576 | 79 | 79 | 0 | (10) |
|  |  | 07/2025  | $21 | 348000 | 348000 | 0 | 0 |
|  |  | 07/2025  | 3 | 4415 | 4415 | 0 | 0 |
|  |  | 07/2025  | 4 | 134 | 134 | 0 | 0 |
|  |  | 07/2025  | 168 | 4995 | 4995 | 4 | 0 |
|  |  | 08/2025  | 322 | $6 | 6 | 0 | 0 |
|  |  | 08/2025  | 3086 | 36 | 36 | 0 | 0 |
|  |  | 08/2025  | 3013 | 93 | 93 | 0 | (12) |
|  |  | 08/2025  | $55 | 397 | 397 | 1 | 0 |
|  |  | 08/2025  | 2 | 177 | 177 | 0 | 0 |
|  |  | 09/2025  | 795 | $213 | 213 | 0 | (24) |
|  |  | 09/2025  | 984 | 269 | 269 | 0 | (8) |
|  |  | 09/2025  | $77 | 39696 | 39696 | 0 | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 2379 | 2051 | 2051 | 37 | 0 |
|  |  | 07/2025  | 170 | 590 | 590 | 5 | 0 |
|  |  | 08/2025  | 2046 | $2379 | 2379 | 0 | (37) |
|  |  | 08/2025  | 1839 | 21 | 21 | 0 | 0 |
|  |  | 09/2025  | $57 | 29246 | 29246 | 0 | (2) |
|  |  | 09/2025  | 0 | 9 | 9 | 0 | 0 |
|  |  | 10/2025  | 618 | $11 | 11 | 0 | (1) |
|  |  | 12/2025  | $23 | 12208 | 12208 | 0 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 237 | $153 | 153 | 0 | (3) |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 07/2025  | 76 | 76 |  | 92 |  | 0 | 0 | 0 |  | (4) |
|  |  | 07/2025  | 40 | 40 |  | 11 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | $101 | 101 | JPY | 14486 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 395 | 395 | $ | 55 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 881 | 881 |  | 10 |  | 0 | 0 | 0 |  | 0 |
|  |  | 09/2025  | 7574 | 7574 |  | 389 |  | 0 | 0 | 0 |  | (11) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 11611 | 11611 |  | 196 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 35 | 35 |  | 8 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 829 | 829 |  | 25 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | $5 | 5 | IDR | 82388 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 535 | 535 | $ | 9 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 3851 | 3851 |  | 11 |  | 0 | 0 | 0 |  | (1) |
|  |  | 09/2025  | 2866 | 2866 |  | 48 |  | 1 | 1 | 1 |  | 0 |
|  |  | 09/2025  | $68 | 68 | DOP | 4388 |  | 4 | 4 | 4 |  | 0 |
|  |  | 11/2025  | 2961 | 2961 | $ | 49 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $30 | 30 | SEK | 280 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 280 | 280 | $ | 30 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 10864 | 10864 |  | 8 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 231 | 231 |  | 4 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 72 | 72 |  | 19 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 13 | 13 |  | 10 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 1448 | 1448 |  | 45 |  | 0 | 0 | 0 |  | (5) |
|  |  | 07/2025  | $23 | 23 | NZD | 39 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 108 | 108 | PLN | 406 |  | 4 | 4 | 4 |  | 0 |
|  |  | 07/2025  | 23 | 23 | TWD | 684 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 1419 | 1419 | $ | 79 |  | 0 | 0 | 0 |  | (1) |
|  |  | 08/2025  | 401 | 401 |  | 56 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 595 | 595 |  | 7 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 1914 | 1914 |  | 59 |  | 0 | 0 | 0 |  | (8) |
|  |  | 08/2025  | $71 | 71 | CNH | 504 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 125 | 125 | $ | 91 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 42 | 42 |  | 5 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 214 | 214 |  | 4 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 30 | 30 |  | 24 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 216 | 216 |  | 7 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 708 | 708 |  | 22 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | $129 | 129 | ILS | 458 |  | 7 | 7 | 7 |  | 0 |
|  |  | 07/2025  | 3 | 3 | JPY | 466 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 78 | 78 | PLN | 290 |  | 3 | 3 | 3 |  | 0 |
|  |  | 07/2025  | 24 | 24 | SGD | 32 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 6 | 6 | THB | 200 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 31 | 31 | $ | 24 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 676 | 676 |  | 21 |  | 0 | 0 | 0 |  | (3) |
|  |  | 08/2025  | $40 | 40 | CNH | 292 |  | 1 | 1 | 1 |  | 0 |
|  |  | 08/2025  | 7 | 7 | EGP | 361 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 0 | 0 | $ | 0 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | $2 | 2 | JPY | 327 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 403 | 403 | $ | 56 |  | 0 | 0 | 0 |  | 0 |
|  |  | 10/2026  | $96 | 96 | AZN | 171 |  | 1 | 1 | 1 |  | 0 |
|  |  | 10/2027  | 191 | 191 |  | 352 |  | 0 | 0 | 0 |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 60 | 60 | IDR | 986101 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | 07/2025  | 15700 | 15700 | $ | 109 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 6803 | 6803 |  | 19 |  | 0 | 0 | 0 |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | $24 | 24 | IDR | 383165 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 3 | 3 | ILS | 9 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 5 | 5 | SGD | 6 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 185 | 185 | TWD | 5460 |  | 3 | 3 | 3 |  | 0 |
|  |  | 08/2025  | 694 | 694 | $ | 97 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 617 | 617 |  | 7 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 6 | 6 |  | 5 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 404 | 404 |  | 12 |  | 0 | 0 | 0 |  | (2) |
|  |  | 08/2025  | $61 | 61 | CNH | 438 |  | 1 | 1 | 1 |  | 0 |
|  |  | 10/2025  | 43 | 43 | NGN | 74950 |  | 4 | 4 | 4 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 08/2025  | 182 | 182 | $ | 1 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 182 | 182 |  | 246 |  | 0 | 0 | 0 |  | (3) |
|  |  | 08/2025  | $106 | 106 | TWD | 3070 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | $31 | 31 | CLP | 28728 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 25 | 25 | ILS | 89 |  | 2 | 2 | 2 |  | 0 |
|  |  | 08/2025  | 21 | 21 | TRY | 947 |  | 2 | 2 | 2 |  | 0 |
|  |  | 11/2025  | 24 | 24 |  | 1122 |  | 1 | 1 | 1 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**144** | **144** | **144** | **$** | $**(293)** | **(293)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Exercise<br>Rate | Exercise<br>Rate | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| DUB | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | 0.700% | 0.700% | 17600 | 17600 | 17600 | $20 | 20 | $ | $6 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**20** | **20** | **$** | $**6** |

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------

<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Counterparty | Counterparty | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| DUB | DUB | DUB | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.950% | 08/20/2025 | 08/20/2025 | 17600 | $ | (8) | (8) | $(3) | (3) |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Description |  | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| UAG | UAG | UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | 39.750 | 08/11/2025 | 134 | $ | (4) | (4) | $0 | 0 |
|  |  |  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 51.750 | 08/11/2025 | 134 |  | (3) | (3) | (1) | (1) |
|  |  |  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 41.600 | 11/12/2025 | 140 |  | (5) | (5) | (1) | (1) |
|  |  |  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 56.900 | 11/12/2025 | 140 |  | (4) | (4) | (2) | (2) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (16) | (16) | $(4) | (4) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(24)** | **(24)** | $**(7)** | **(7)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| MYC | MYC | Korea International Bond  | Korea International Bond  | (1.000)% | Quarterly | 12/20/2034 | 12/20/2034 | 0.343% | $350 | $(17) | (17) | $(1) | $0 | 0 | $(18) |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BPS | BPS | Indonesia Government International Bond  | Indonesia Government International Bond  | 1.000% | Quarterly | 06/20/2030 | 06/20/2030 | 0.778% | $100 | $1 | 1 | $0 | $1 | 1 | $0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.291 | 150 | 1 | 1 | 0 | 1 | 1 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | 12/20/2027 | 12/20/2027 | 0.620 | 100 | 0 | 0 | 1 | 1 | 1 | 0 |
|  |  | Romania Government International Bond  | Romania Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.758 | 450 | 1 | 1 | 0 | 1 | 1 | 0 |
| BRC | BRC | America Movil SAB de CV  | America Movil SAB de CV  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.254 | 800 | (20) | (20) | 22 | 2 | 2 | 0 |
|  |  | Indonesia Government International Bond  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 06/20/2030 | 0.778 | 100 | 0 | 0 | 1 | 1 | 1 | 0 |
| DBL | DBL | Ping An Insurance (Group)  | Ping An Insurance (Group)  | 1.000 | Quarterly | 06/20/2028 | 06/20/2028 | 1.124 | 300 | (1) | (1) | 0 | 0 | 0 | (1) |
| DUB | DUB | Petroleos Mexicanos « | Petroleos Mexicanos « | 4.750 | Monthly | 07/06/2026 | 07/06/2026 | —◆ | 229 | 0 | 0 | 1 | 1 | 1 | 0 |
| GST | GST | Indonesia Government International Bond  | Indonesia Government International Bond  | 1.000 | Quarterly | 06/20/2030 | 06/20/2030 | 0.778 | 100 | 0 | 0 | 1 | 1 | 1 | 0 |
|  |  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.425 | 300 | 1 | 1 | 0 | 1 | 1 | 0 |
|  |  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.498 | 100 | 0 | 0 | 1 | 1 | 1 | 0 |
| JPM | JPM | Alibaba Group Holding Ltd.  | Alibaba Group Holding Ltd.  | 1.000 | Quarterly | 06/20/2029 | 06/20/2029 | 0.699 | 1000 | 5 | 5 | 6 | 11 | 11 | 0 |
|  |  |  |  |  |  |  |  |  |  | $(12) | (12) | $33 | $22 | 22 | $(1) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(29)** | **(29)** | $**32** | $**22** | **22** | $**(19)** |
| <sup>◆</sup> | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Argentina | Argentina | Argentina | Argentina | Argentina |
| Corporate Bonds & Notes | Corporate Bonds & Notes | $817 | $0 | $817 |
| Sovereign Issues | Sovereign Issues | 4 | 0 | 4 |
| Austria | Austria | Austria | Austria | Austria |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 211 | 0 | 211 |
| Azerbaijan | Azerbaijan | Azerbaijan | Azerbaijan | Azerbaijan |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 842 | 0 | 842 |
| Brazil | Brazil | Brazil | Brazil | Brazil |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 2346 | 0 | 2346 |
| Canada | Canada | Canada | Canada | Canada |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1543 | 0 | 1543 |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |
| Convertible Bonds & Notes | Convertible Bonds & Notes | 299 | 0 | 299 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 4439 | 0 | 4439 |
| Chile | Chile | Chile | Chile | Chile |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 2367 | 0 | 2367 |
| Colombia | Colombia | Colombia | Colombia | Colombia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1486 | 0 | 1486 |
| Sovereign Issues | Sovereign Issues | 208 | 0 | 208 |
| Czech Republic | Czech Republic | Czech Republic | Czech Republic | Czech Republic |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 595 | 0 | 595 |
| Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic | Dominican Republic |
| Sovereign Issues | Sovereign Issues | 644 | 0 | 644 |
| Ecuador | Ecuador | Ecuador | Ecuador | Ecuador |
| Sovereign Issues | Sovereign Issues | 174 | 0 | 174 |
| Egypt | Egypt | Egypt | Egypt | Egypt |
| Sovereign Issues | Sovereign Issues | 601 | 0 | 601 |
| France | France | France | France | France |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 116 | 0 | 116 |
| Germany | Germany | Germany | Germany | Germany |
| Loan Participations and Assignments | Loan Participations and Assignments | 292 | 0 | 292 |
| Hong Kong | Hong Kong | Hong Kong | Hong Kong | Hong Kong |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1321 | 0 | 1321 |
| India | India | India | India | India |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1573 | 0 | 1573 |
| Indonesia | Indonesia | Indonesia | Indonesia | Indonesia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1000 | 0 | 1000 |
| Ireland | Ireland | Ireland | Ireland | Ireland |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 131 | 54 | 185 |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 237 | 237 |
| Isle of Man | Isle of Man | Isle of Man | Isle of Man | Isle of Man |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 373 | 0 | 373 |
| Israel | Israel | Israel | Israel | Israel |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1176 | 0 | 1176 |
| Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 587 | 587 |
| Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands |
| Convertible Bonds & Notes | Convertible Bonds & Notes | 212 | 0 | 212 |
| Kazakhstan | Kazakhstan | Kazakhstan | Kazakhstan | Kazakhstan |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1574 | 0 | 1574 |
| Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 2686 | 0 | 2686 |
| Malaysia | Malaysia | Malaysia | Malaysia | Malaysia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 493 | 0 | 493 |
| Sovereign Issues | Sovereign Issues | 34 | 0 | 34 |
| Mauritius | Mauritius | Mauritius | Mauritius | Mauritius |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 502 | 0 | 502 |
| Mexico | Mexico | Mexico | Mexico | Mexico |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 2604 | 0 | 2604 |
| Morocco | Morocco | Morocco | Morocco | Morocco |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 685 | 0 | 685 |
| Multinational | Multinational | Multinational | Multinational | Multinational |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 195 | 0 | 195 |
| Netherlands | Netherlands | Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1135 | 0 | 1135 |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 200 | 200 |
| Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
| Sovereign Issues | Sovereign Issues | 197 | 0 | 197 |
| Panama | Panama | Panama | Panama | Panama |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 373 | 0 | 373 |
| Peru | Peru | Peru | Peru | Peru |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 2311 | 147 | 2458 |
| Sovereign Issues | Sovereign Issues | 324 | 0 | 324 |
| Philippines | Philippines | Philippines | Philippines | Philippines |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 595 | 0 | 0 |  | 595 |  |
| Poland | Poland | Poland | Poland | Poland | Poland | Poland | Poland | Poland |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 206 | 0 | 0 |  | 206 |  |
| Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar | Qatar |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 455 | 0 | 0 |  | 455 |  |
| Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 48 | 48 |  | 48 |  |
| Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 884 | 0 | 0 |  | 884 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 203 | 0 | 0 |  | 203 |  |
| Singapore | Singapore | Singapore | Singapore | Singapore | Singapore | Singapore | Singapore | Singapore |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 1230 | 0 | 0 |  | 1230 |  |
| South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa |  |
| Convertible Bonds & Notes | Convertible Bonds & Notes | 0 | 0 | 368 | 0 | 0 |  | 368 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 380 | 0 | 0 |  | 380 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 496 | 0 | 0 |  | 496 |  |
| South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3062 | 0 | 0 |  | 3062 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 406 | 0 | 0 |  | 406 |  |
| Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 885 | 0 | 0 |  | 885 |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 3 | 0 | 0 |  | 3 |  |
| Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago | Trinidad and Tobago |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 207 | 0 | 0 |  | 207 |  |
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 1813 | 0 | 0 |  | 1813 |  |
| Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine |  |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 113 | 0 | 0 |  | 113 |  |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3907 | 0 | 0 |  | 3907 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 3281 | 0 | 0 |  | 3281 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 151 | 0 | 0 |  | 151 |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States |  |
| Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 169 | 0 | 0 |  | 169 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 2532 | 0 | 0 |  | 2532 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 314 | 0 | 0 |  | 314 |  |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 1897 | 0 | 0 |  | 1897 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 574 | 0 | 0 |  | 574 |  |
| Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 200 | 0 | 0 |  | 200 |  |
| Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 358 | 3 | 3 |  | 361 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | 0 | 0 | 315 | 0 | 0 |  | 315 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 831 | 0 | 0 |  | 831 |  |
|  |  | $0 | 0 | 61718 | $1276 | 1276 | $ | 62994 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $3323 | 3323 | 0 | $0 | 0 | $ | 3323 |  |
| Total Investments | Total Investments | $3323 | 3323 | 61718 | $1276 | 1276 | $ | 66317 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 35 | 0 | 0 |  | 35 |  |
| Over the counter | Over the counter | 0 | 0 | 171 | 1 | 1 |  | 172 |  |
|  |  | $0 | 0 | 206 | $1 | 1 | $ | 207 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (1) | (1) | (16) | 0 | 0 |  | (17) |  |
| Over the counter | Over the counter | 0 | 0 | (319) | 0 | 0 |  | (319) |  |
|  |  | $(1) | (1) | (335) | $0 | 0 | $ | (336) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $(1) | (1) | (129) | $1 | 1 | $ | (129) |  |
| Totals | Totals | $3322 | 3322 | 61589 | $1277 | 1277 | $ | 66188 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Ireland |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | $ | 0 | $ | $0 | 0 | $0 | 0 | $54 | $0 |

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<br> Schedule of Investments PIMCO Emerging Markets Corporate Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Participations and Assignments | Loan Participations and Assignments |  | 216 | 0 |  |  | 0 | 21 | 0 | 0 | 237 |  | 21 |
| Ivory Coast | Ivory Coast |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments |  | 537 | 0 |  |  | 0 | 50 | 0 | 0 | 587 |  | 50 |
| Netherlands | Netherlands |  |  |  |  |  |  |  |  |  |  |  |  |
| Common Stocks | Common Stocks |  | 2 | 1 |  |  | 0 | (2) | 0 | 0 | 0 |  | 0 |
| Loan Participations and Assignments | Loan Participations and Assignments |  | 197 | 0 |  |  | 0 | 3 | 0 | 0 | 200 |  | 3 |
| Peru | Peru |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  | 0 | 138 |  |  | 0 | 9 | 0 | 0 | 147 |  | 9 |
| Russia | Russia |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  | 48 | 0 |  |  | 0 | 1 | 0 | 0 | 48 |  | 1 |
| Virgin Islands (British) | Virgin Islands (British) |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  | 3 | 0 |  |  | 0 | 0 | 0 | 0 | 3 |  | 0 |
|  |  | $1057 | 1057 | 139 | $ | $ | $0 | $82 | $0 | 0 | 1276 | $ | 84 |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | Over the counter | $2 | 2 | 0 | $ | $ | $0 | $(1) | $0 | 0 | 1 | $ | 0 |
| Totals | Totals | $1059 | 1059 | 139 | $ | $ | $0 | $81 | $0 | 0 | 1277 | $ | 84 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | $54 | 54 | 54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | 6.000  | 6.000  | —  | —  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 237 | 237 | 237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327  | 3.327  | —  | —  |
| Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 587 | 587 | 587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.258  | 6.258  | —  | —  |
| Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 200 | 200 | 200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.815  | 7.815  | —  | —  |
| Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 147 | 147 | 147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 104.175  | 104.175  | —  | —  |
| Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia | Russia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 48 | 48 | 48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | 6.000  | 6.000  | —  | —  |
| Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) | Virgin Islands (British) |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 3 | 3 | 3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Price | &nbsp;&nbsp;&nbsp;&nbsp; Price | 4.985  | 4.985  | —  | —  |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | Over the counter | Over the counter | Over the counter | 1 | 1 | 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.197 | 0.197 | —  | —  |
| Total | Total | Total | Total | $1277 | 1277 | 1277 |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 98.4% ¤** |  |  |
| **AZERBAIJAN 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **SOCAR Turkey Enerji AS via Steas Funding 1 DAC** <br>7.230% due 03/17/2026 | $700 | $696 |
| **Southern Gas Corridor CJSC** <br>6.875% due 03/24/2026 | 3700 | 3753 |
| Total Azerbaijan (Cost $4,424) |  | 4449 |
| **BRAZIL 15.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **Banco do Brasil SA** <br>8.500% due 07/29/2026 | 42000 | 2246 |
| **Vale SA** <br>0.000% due 12/29/2049 ~(i) | 27540 | 1738 |
|  |  | 3984 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.0%**  |  |  |
| **Oi SA**<br>TBD% due 12/30/2050 « | $2583 | 26 |
| **SOVEREIGN ISSUES 15.3%**  |  |  |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 10/01/2025 (e) | 632200 | 112239 |
| 0.000% due 07/01/2028 (e) | 3000 | 382 |
|  |  | 112621 |
| Total Brazil (Cost $112,078) |  | 116631 |
| **CAYMAN ISLANDS 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Fish Pond Re Ltd.** <br>8.328% due 01/08/2027 ~ | $250 | 254 |
| **Interoceanica Finance Ltd.** <br>0.000% due 11/30/2025 (e) | 10 | 9 |
| **Kaisa Group Holdings Ltd.** <br>11.700% due 11/11/2025 ^(c) | 1100 | 49 |
| **Red Dorsal Finance Ltd.** <br>5.875% due 10/12/2031 | 494 | 489 |
| **Sunac China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(b)(c) | 20 | 2 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2027 ^(b)(c) | 20 | 3 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(b)(c) | 40 | 5 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(b)(c) | 61 | 8 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(b)(c) | 61 | 8 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(b)(c) | 29 | 4 |
|  |  | 831 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Ziraat**<br>7.418% (TSFR3M + 3.100%) due 06/15/2034 « | 1400 | 1392 |
| Total Cayman Islands (Cost $2,638) |  | 2223 |
| **CHILE 1.6%**  |  |  |
| **SOVEREIGN ISSUES 1.6%**  |  |  |
| **Bonos de la Tesoreria de la Republica en pesos**  |  |  |
| 4.700% due 09/01/2030  | 1720000 | 1788 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 5.000% due 10/01/2028  | 840000 | 901 |
| 5.000% due 03/01/2035  | 615000 | 631 |
| 5.800% due 10/01/2029  | 7465000 | 8162 |
| **Chile Government International Bond** <br>4.850% due 01/22/2029 | $600 | 609 |
| Total Chile (Cost $11,923) |  | 12091 |
| **CHINA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **China Government International Bond** <br>2.750% due 02/17/2032 | 3920 | 586 |
| Total China (Cost $542) |  | 586 |
| **COLOMBIA 1.5%**  |  |  |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **Colombian TES**  |  |  |
| 6.250% due 07/09/2036  | 3896000 | 616 |
| 7.000% due 06/30/2032  | 1629100 | 306 |
| 7.250% due 10/18/2034  | 9938000 | 1775 |
| 11.000% due 08/22/2029  | 8483000 | 2073 |
| 12.750% due 11/28/2040  | 6198000 | 1511 |
| 13.250% due 02/09/2033  | 17153500 | 4396 |
| Total Colombia (Cost $10,377) |  | 10677 |
| **CZECH REPUBLIC 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **EP Infrastructure AS** <br>1.816% due 03/02/2031 | 2000 | 2112 |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Czech Republic Government International Bond**  |  |  |
| 2.000% due 10/13/2033  | 42000 | 1708 |
| 2.500% due 08/25/2028  | 4000 | 184 |
| 5.000% due 09/30/2030  | 27900 | 1405 |
|  |  | 3297 |
| Total Czech Republic (Cost $4,769) |  | 5409 |
| **DOMINICAN REPUBLIC 3.4%**  |  |  |
| **SOVEREIGN ISSUES 3.4%**  |  |  |
| **Dominican Republic Central Bank Notes**  |  |  |
| 13.000% due 12/05/2025  | 169000 | 2832 |
| 13.000% due 01/30/2026  | 35180 | 589 |
| **Dominican Republic International Bond**  |  |  |
| 9.750% due 06/05/2026  | 34 | 1 |
| 10.500% due 03/15/2037  | 816850 | 13970 |
| 10.750% due 06/01/2036  | 324900 | 5647 |
| 11.250% due 09/15/2035  | 34150 | 610 |
| 13.625% due 02/03/2033  | 52700 | 1042 |
| Total Dominican Republic (Cost $23,786) |  | 24691 |
| **ECUADOR 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Ecuador Government International Bond**  |  |  |
| 0.000% due 07/31/2030 (e) | $90 | 65 |
| 5.000% due 07/31/2040  | 20 | 13 |
| 5.500% due 07/31/2035  | 683 | 499 |
| 6.900% due 07/31/2030  | 1474 | 1282 |
| Total Ecuador (Cost $1,263) |  | 1859 |
| **EGYPT 1.7%**  |  |  |
| **SOVEREIGN ISSUES 1.7%**  |  |  |
| **Egypt Government International Bond**  |  |  |
| 4.750% due 04/16/2026  | 900 | 1068 |
| 21.954% due 03/04/2028  | 564900 | 11236 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Egypt (Cost $11,717) |  | 12304 |
| **FRANCE 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **New Immo Holding SA** <br>2.750% due 11/26/2026 | 200 | 232 |
| Total France (Cost $198) |  | 232 |
| **GERMANY 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **Deutsche Bank AG** <br>8.010% due 07/18/2034 « | 325000 | 3930 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **Stepstone Group MidCo 2 GmbH**<br>6.673% (EUR006M + 4.500%) due 04/26/2032 ~ | 1900 | 2199 |
| Total Germany (Cost $5,787) |  | 6129 |
| **GHANA 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Ghana Government International Bond**  |  |  |
| 8.350% due 02/16/2027  | 13218 | 1096 |
| 8.950% due 02/11/2031  | 17693 | 1090 |
| 10.000% due 08/17/2027  | 187 | 15 |
| Total Ghana (Cost $1,307) |  | 2201 |
| **HUNGARY 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 3.000% due 08/21/2030  | 416000 | 1049 |
| 4.750% due 11/24/2032  | 227700 | 596 |
| 7.000% due 10/24/2035  | 298700 | 879 |
| Total Hungary (Cost $2,418) |  | 2524 |
| **INDONESIA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Indonesia Government International Bond** <br>6.750% due 07/15/2035 | 5660000 | 352 |
| Total Indonesia (Cost $348) |  | 352 |
| **IRELAND 0.6%**  |  |  |
| **ASSET-BACKED SECURITIES 0.1%**  |  |  |
| **OAK Hill European Credit Partners DAC** <br>2.976% due 10/20/2031 •  | 712 | 838 |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **CIMA Finance DAC** <br>2.950% due 09/05/2029 | $711 | 654 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 2600 | 3085 |
| Total Ireland (Cost $4,305) |  | 4577 |
| **ISRAEL 5.3%**  |  |  |
| **SOVEREIGN ISSUES 5.3%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 0.500% due 02/27/2026  | 4200 | 1219 |
| 1.750% due 08/31/2025  | 121900 | 36043 |
| 5.375% due 02/19/2030  | $1400 | 1428 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Israel (Cost $35,078) |  | 38690 |
| **IVORY COAST 0.5%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Republic of Cote d'Ivoire**<br>5.403% (EUR006M + 3.050%) due 03/09/2026 «~ | 2700 | 3169 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Ivory Coast Government International Bond**  |  |  |
| 4.875% due 01/30/2032  | 497 | 525 |
| 5.250% due 03/22/2030  | 100 | 113 |
|  |  | 638 |
| Total Ivory Coast (Cost $3,437) |  | 3807 |
| **JERSEY, CHANNEL ISLANDS 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Kennedy Wilson Europe Real Estate Ltd.** <br>3.250% due 11/12/2025 | 63 | 74 |
| Total Jersey, Channel Islands (Cost $65) |  | 74 |
| **KAZAKHSTAN 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Development Bank of Kazakhstan JSC**  |  |  |
| 10.950% due 05/06/2026  | 244000 | 451 |
| 13.489% due 05/23/2028  | 190000 | 334 |
| Total Kazakhstan (Cost $874) |  | 785 |
| **LUXEMBOURG 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Raizen Fuels Finance SA** <br>6.250% due 07/08/2032 (a) | $1000 | 994 |
| Total Luxembourg (Cost $988) |  | 994 |
| **MALAYSIA 7.0%**  |  |  |
| **SOVEREIGN ISSUES 7.0%**  |  |  |
| **Malaysia Government International Bond** <br>3.899% due 11/16/2027 | 212230 | 51368 |
| Total Malaysia (Cost $50,917) |  | 51368 |
| **MEXICO 4.3%**  |  |  |
| **SOVEREIGN ISSUES 4.3%**  |  |  |
| **Mexican Bonos**  |  |  |
| 7.500% due 05/26/2033  | 58000 | 2832 |
| 7.750% due 05/29/2031  | 12000 | 611 |
| 8.500% due 03/02/2028  | 294000 | 15727 |
| 8.500% due 03/01/2029  | 73000 | 3885 |
| 8.500% due 11/18/2038  | 50700 | 2490 |
| **Mexican Udibonos** <br>3.000% due 12/03/2026 (h) | 100395 | 5240 |
| **Mexico Government International Bond**  |  |  |
| 5.850% due 07/02/2032 (a)  | $500 | 507 |
| 6.625% due 01/29/2038 (a)  | 500 | 508 |
| Total Mexico (Cost $29,416) |  | 31800 |
| **NAMIBIA 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Namibia Government International Bond** <br>5.250% due 10/29/2025 | $3200 | 3177 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Namibia (Cost $3,192) |  | 3177 |
| **NETHERLANDS 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **JAB Holdings BV** <br>4.500% due 04/08/2052 | $4200 | 3194 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **VEON Amsterdam BV**<br>8.531% - 10.750% (TSFR3M + 3.250%) due 03/25/2027 «~ | 1400 | 1400 |
| Total Netherlands (Cost $4,605) |  | 4594 |
| **PARAGUAY 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Paraguay Government International Bond**  |  |  |
| 7.900% due 02/09/2031  | 11311000 | 1373 |
| 8.500% due 03/04/2035  | 13881000 | 1698 |
| Total Paraguay (Cost $3,296) |  | 3071 |
| **PERU 2.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.9%**  |  |  |
| **Credicorp Capital Sociedad Titulizadora SA**  |  |  |
| 9.700% due 03/05/2045 «  | 4900 | 1444 |
| 10.100% due 12/15/2043  | 17500 | 5249 |
|  |  | 6693 |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 6.150% due 08/12/2032  | 12000 | 3504 |
| 6.850% due 08/12/2035  | 8600 | 2507 |
| 6.950% due 08/12/2031  | 16080 | 4936 |
|  |  | 10947 |
| Total Peru (Cost $16,125) |  | 17640 |
| **PHILIPPINES 2.1%**  |  |  |
| **SOVEREIGN ISSUES 2.1%**  |  |  |
| **Philippines Government International Bond**  |  |  |
| 6.250% due 02/28/2029  | 658630 | 11882 |
| 6.250% due 01/14/2036  | 40000 | 695 |
| 6.375% due 04/28/2035  | 121900 | 2183 |
| 6.500% due 05/19/2029  | 54490 | 990 |
| Total Philippines (Cost $15,161) |  | 15750 |
| **POLAND 1.7%**  |  |  |
| **SOVEREIGN ISSUES 1.7%**  |  |  |
| **Republic of Poland Government International Bond**  |  |  |
| 2.750% due 10/25/2029  | 13100 | 3353 |
| 4.750% due 07/25/2029  | 29600 | 8206 |
| 6.000% due 10/25/2033  | 3500 | 1011 |
| Total Poland (Cost $11,338) |  | 12570 |
| **QATAR 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **QatarEnergy** <br>1.375% due 09/12/2026 | $800 | 772 |
| Total Qatar (Cost $768) |  | 772 |
| **ROMANIA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 4.250% due 04/28/2036  | 2600 | 469 |
| 4.750% due 10/11/2034  | 200 | 38 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Romania (Cost $444) |  | 507 |
| **SERBIA 0.5%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Tesler**<br>1.000% due 05/21/2028 | 1000 | 1165 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Serbia Treasury Bonds** <br>5.250% due 07/27/2035 | 185500 | 1870 |
| Total Serbia (Cost $2,816) |  | 3035 |
| **SINGAPORE 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Yinson Production Financial Services Pte. Ltd.** <br>9.625% due 05/03/2029 | $600 | 624 |
| Total Singapore (Cost $590) |  | 624 |
| **SOUTH AFRICA 4.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Transnet SOC Ltd.** <br>10.000% due 03/30/2029 | 15000 | 798 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Transnet SOC Ltd.**<br>11.558% (JIBA3M + 4.000%) due 03/02/2028 «~ | 22200 | 1244 |
| **SOVEREIGN ISSUES 4.4%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 6.250% due 03/31/2036  | 55400 | 2333 |
| 7.000% due 02/28/2031  | 404700 | 21030 |
| 8.000% due 01/31/2030  | 61900 | 3438 |
| 8.875% due 02/28/2035  | 37700 | 1989 |
| 10.500% due 12/21/2026  | 58600 | 3434 |
|  |  | 32224 |
| Total South Africa (Cost $32,372) |  | 34266 |
| **SOUTH KOREA 3.0%**  |  |  |
| **SOVEREIGN ISSUES 3.0%**  |  |  |
| **Korea Government International Bond** <br>2.625% due 03/10/2027 | 29774110 | 22140 |
| Total South Korea (Cost $21,941) |  | 22140 |
| **SUPRANATIONAL 2.8%**  |  |  |
| **CORPORATE BONDS & NOTES 2.8%**  |  |  |
| **Asian Development Bank** <br>6.720% due 02/08/2028 | 783550 | 9232 |
| **European Investment Bank**  |  |  |
| 2.875% due 11/15/2029  | 18800 | 4783 |
| 6.950% due 03/01/2029  | 520300 | 6151 |
| **Inter-American Development Bank** <br>7.000% due 01/25/2029 | 34000 | 402 |
| Total Supranational (Cost $20,416) |  | 20568 |
| **TURKEY 2.3%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.6%**  |  |  |
| **SOCAR Turkey Enerji AS**<br>5.931% (EUR006M + 3.450%) due 08/11/2026 ~ | 2500 | 2940 |
| **Turkiye Vakiflar Bankasi TAO**<br>5.001% (EUR003M + 3.000%) due 12/15/2028 «~ | 1000 | 1182 |
|  |  | 4122 |
| **SOVEREIGN ISSUES 1.7%**  |  |  |
| **Turkiye Government International Bond**  |  |  |
| 37.000% due 02/18/2026  | 293900 | 7243 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 49.053% due 05/20/2026 ~ | 5900 | 149 |
| 49.053% due 08/19/2026 ~ | 5300 | 134 |
| 49.053% due 05/17/2028 ~ | 190000 | 4628 |
|  |  | 12154 |
| Total Turkey (Cost $17,442) |  | 16276 |
| **UGANDA 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Republic of Uganda Government International Bond**  |  |  |
| 14.375% due 02/03/2033  | 3094000 | 777 |
| 15.000% due 06/18/2043  | 594400 | 143 |
| 15.800% due 06/23/2039  | 5247100 | 1345 |
| Total Uganda (Cost $2,228) |  | 2265 |
| **UKRAINE 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2034 (g)  | $365 | 142 |
| 0.000% due 02/01/2035 (g)  | 308 | 146 |
| 0.000% due 02/01/2036 (g)  | 257 | 121 |
| 0.000% due 08/01/2041  | 40 | 29 |
| 1.750% due 02/01/2029  | 187 | 116 |
| 1.750% due 02/01/2036  | 564 | 282 |
| Total Ukraine (Cost $784) |  | 836 |
| **UNITED KINGDOM 1.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (e) | $6700 | 4768 |
| **Standard Chartered Bank**  |  |  |
| 0.000% due 11/03/2025 «(e) | 148400 | 464 |
| 0.000% due 12/01/2025 «(e) | 165100 | 513 |
|  |  | 5745 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.4%**  |  |  |
| **Canada Square Funding PLC** <br>5.161% due 01/17/2059 •  | 356 | 490 |
| **Rochester Financing PLC** <br>4.939% due 12/18/2044 •  | 311 | 427 |
| **Tower Bridge Funding PLC** <br>4.960% due 12/20/2063 •  | 128 | 176 |
| **Warwick Finance Residential Mortgages PLC** <br>0.000% due 12/21/2049 (e) | 0 | 1547 |
|  |  | 2640 |
| Total United Kingdom (Cost $7,847) |  | 8385 |
| **UNITED STATES 2.3%**  |  |  |
| **ASSET-BACKED SECURITIES 0.8%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.199% due 07/25/2036 ~ | $1 | 1 |
| **Citigroup Mortgage Loan Trust** <br>4.494% due 07/25/2045 •  | 65 | 45 |
| **Countrywide Asset-Backed Certificates Trust** <br>4.624% due 11/25/2037 •  | 921 | 876 |
| **Credit-Based Asset Servicing & Securitization LLC** <br>4.554% due 07/25/2037 •  | 20 | 13 |
| **Fremont Home Loan Trust** <br>4.734% due 10/25/2036 •  | 2753 | 1101 |
| **GE-WMC Mortgage Securities Trust** <br>4.514% due 08/25/2036 •  | 21 | 9 |
| **GSAMP Trust** <br>4.504% due 12/25/2036 •  | 76 | 38 |
| **HSI Asset Loan Obligation Trust** <br>4.554% due 12/25/2036 •  | 31 | 9 |
| **JP Morgan Mortgage Acquisition Corp.** <br>4.944% due 02/25/2036 •  | 196 | 194 |
| **MASTR Asset-Backed Securities Trust** <br>4.534% due 01/25/2037 •  | 163 | 46 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>5.199% due 01/25/2035 •  | 185 | 187 |
| **Morgan** **Stanley Mortgage Loan Trust** <br>6.488% due 11/25/2036 | 1037 | 227 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **OneMain Financial Issuance Trust** <br>4.130% due 05/14/2035 | 1547 | 1541 |
| **Residential Asset Securities Corp. Trust** <br>5.394% due 08/25/2035 •  | 110 | 109 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.554% due 12/25/2036 •  | 235 | 51 |
| **WaMu Asset-Backed Certificates WaMu Trust** <br>4.674% due 05/25/2037 •  | 1233 | 1095 |
|  |  | 5542 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.6%**  |  |  |
| **Banc of America Mortgage Trust** <br>5.855% due 07/25/2034 ~ | 22 | 21 |
| **CitiMortgage Alternative Loan Trust** <br>5.084% due 10/25/2036 •  | 636 | 491 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.714% due 04/25/2047 •  | 824 | 758 |
| 4.784% due 05/25/2036 •  | 1181 | 454 |
| 4.897% due 10/25/2035 ~ | 6 | 5 |
| 4.994% due 12/25/2035 •  | 29 | 26 |
| **Countrywide Home Loan Mortgage Pass-Through Trust** <br>4.974% due 04/25/2046 •  | 369 | 106 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 01/25/2036 •  | 129 | 104 |
| **HarborView Mortgage Loan Trust** <br>6.399% due 10/19/2035 •  | 225 | 107 |
| **IndyMac INDX Mortgage Loan Trust** <br>5.074% due 07/25/2045 •  | 151 | 120 |
| **Mill City Mortgage Loan Trust** <br>2.750% due 07/25/2059 ~ | 116 | 113 |
| **Mortgage Equity Conversion Asset Trust** <br>10.000% due 05/25/2042 •  | 288 | 240 |
| **New York Mortgage Trust** <br>4.974% due 04/25/2035 •  | 975 | 942 |
| **Structured Asset Mortgage Investments Trust** <br>4.832% due 04/19/2035 •  | 298 | 286 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>6.000% due 10/25/2036 | 20 | 20 |
| **TIB Diversified Payment Rights Finance Co.** <br>7.962% due 11/15/2034 «(k) | 800 | 800 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.804% due 05/25/2034 •  | 128 | 120 |
| 5.098% due 03/25/2037 ~ | 43 | 40 |
|  |  | 4753 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Colombia Government International Bond**  |  |  |
| 1.000% due 04/28/2028  | 16507800 | 3641 |
| 1.000% due 02/09/2033  | 1676900 | 429 |
|  |  | 4070 |
| **U.S. GOVERNMENT AGENCIES 0.3%**  |  |  |
| **Fannie Mae**<br>5.355% due 01/25/2055 •  | $2437 | 2432 |
| **Freddie Mac**  |  |  |
| 4.700% due 09/25/2031 •  | 19 | 19 |
| 7.481% due 08/01/2035 •  | 0 | 1 |
|  |  | 2452 |
|  | SHARES |  |
| **WARRANTS 0.0%**  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(k)** | 1 | 0 |
| Total United States (Cost $18,950) |  | 16817 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **UZBEKISTAN 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Uzbek Industrial & Construction Bank ATB**  |  |  |
| 8.950% due 07/24/2029  | $500 | 527 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 21.000% due 07/24/2027  | 15540000 | 1244 |
|  |  | 1771 |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Republic of Uzbekistan International Bond** <br>16.625% due 05/29/2027 | 4110000 | 331 |
| Total Uzbekistan (Cost $2,056) |  | 2102 |
| **VENEZUELA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Venezuela Government International Bond** <br>9.250% due 09/15/2027 ^(c) | $1700 | 346 |
| Total Venezuela (Cost $254) |  | 346 |
| **ZAMBIA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Zambia Government International Bond**  |  |  |
| 11.000% due 07/27/2025  | 7400 | 310 |
| 12.000% due 07/04/2025  | 1700 | 71 |
| 12.000% due 05/03/2028  | 850 | 32 |
| 22.000% due 01/22/2029  | 900 | 43 |
| 23.000% due 01/22/2031  | 9300 | 479 |
| Total Zambia (Cost $850) |  | 935 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 27.4%**  |  |  |
| **MUTUAL FUNDS 0.5%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (j) | 3962823 | 3963 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (l) 20.4%** |  | 149700 |
| **HUNGARY TREASURY BILLS 2.4%**  |  |  |
| 6.589% due 07/03/2025 (e)(f) | 6057000 | 17854 |
| **NIGERIA TREASURY BILLS 2.4%**  |  |  |
| 30.180% due 08/19/2025 - 06/29/2026 (d)(e) | 32127816 | 17985 |
| **U.S. TREASURY BILLS 1.7%**  |  |  |
| 4.322% due 07/03/2025 - 10/21/2025 (d)(e)(o) | $12602 | 12515 |
| Total Short-Term Instruments (Cost $201,102) |  | 202017 |
| Total Investments in Securities (Cost $703,232) |  | 723146 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 10.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 10.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 10.6%**  |  |  |
| **PIMCO Short Asset Portfolio** | 5667686 | 55521 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 2320533 | 22595 |
| Total Short-Term Instruments (Cost $78,477) |  | 78116 |
| Total Investments in Affiliates (Cost $78,477) |  | 78116 |
| Total Investments 109.0% (Cost $781,709) |  | $801262 |
| **Financial Derivative Instruments (m)(n) (0.2)**%(Cost or Premiums, net $1,278) |  | (1442) |
| Other Assets and Liabilities, net (8.8)% |  | (64505) |
| Net Assets 100.0% |  | $735315 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 7 | 24 | 50 | 63 | 77 | 101 | 133 | 145 | 162 | 171 | 194 | 210 |
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(e)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(f)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **(g)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(h)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(i)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  | **Perpetual maturity; date shown, if applicable, represents next contractual call date.**  |
| **(j)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(k)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description |  |  | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 |  |  | 06/10/2022 | 06/10/2022 | 0 | 0 | $ | 0 | 0.00 |
| TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 |  |  | 09/18/2024 | 09/18/2024 | 800 | 800 |  | 800 | 0.11 |
|  |  |  |  |  |  |  |  | 800 | 800 | $ | 800 | 0.11 |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(l)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | 4.440%  | 07/01/2025 | $11000 | 11000 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | (11238) | (11238) | 11000 | 11001 |
|  | 4.440  | 07/02/2025 | 68400 | 68400 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 10/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 10/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 10/31/2029 | &nbsp;&nbsp; U.S. Treasury Notes 4.125% due 10/31/2029 | (69869) | (69869) | 68400 | 68400 |
|  | 4.450  | 07/01/2025 | 70200 | 70200 | &nbsp;&nbsp; U.S. Treasury Notes 4.250% due 02/28/2029 | &nbsp;&nbsp; U.S. Treasury Notes 4.250% due 02/28/2029 | &nbsp;&nbsp; U.S. Treasury Notes 4.250% due 02/28/2029 | &nbsp;&nbsp; U.S. Treasury Notes 4.250% due 02/28/2029 | (71733) | (71733) | 70200 | 70209 |
| DEU | 4.470  | 07/02/2025 | 100 | 100 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% due 02/15/2042 | &nbsp;&nbsp; U.S. Treasury Bonds 2.375% due 02/15/2042 | (102) | (102) | 100 | 100 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  | **(152942)** | **(152942)** | **149700** | **149710** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(532) at a weighted average interest rate of 4.600%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 24 | 24 | 2691 | $45 | 45 | 45 | $7 | 7 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 8 | 8 | 953 | 30 | 30 | 30 | 11 | 11 | 0 |
|  |  |  |  |  |  |  | 75 | 75 | $ | 18 | $ | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 6 | 15 | 23 | 25 | 36 | 40 | 60 | 61 | 70 | 100 | 118 | 133 | 147 | 162 | 174 | 184 | 194 | 212 |
| **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** | **SHORT** **FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 12 | (1371) | (1371) | $(35) | (35) | (35) | 0 | 0 | 0 | (6) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 12 | (1386) | (1386) | (60) | (60) | (60) | 0 | 0 | 0 | (12) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (95) | (95) | $ | 0 | 0 | $ | (18) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(20)** | **(20)** | **$** | **18** | **18** | **$** | **(18)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| Barclays Bank PLC  | Barclays Bank PLC  | 1.000% | Quarterly | 12/20/2025 | 12/20/2025 | 0.238 | 0.238 | % | EUR | 100 | 1 | $ | (1) | $ | 0 | 0 | 0 | 0 | 0 |
| Boeing Co.  | Boeing Co.  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.296 | 0.296 |  | $ | $100 | 1 |  | 0 |  | 1 | 1 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 2 | $ | (1) | $ | 1 | 1 | 0 | 0 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.621% | Semi-Annual | Semi-Annual | 12/20/2028 | INR | INR | 188134 | $(14) | (14) | (55) | (55) | (69) | (69) | $1 | 1 | $0 |
| Receive | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.008 | Semi-Annual | Semi-Annual | 12/05/2029 |  |  | 251290 | 0 | 0 | (38) | (38) | (38) | (38) | 3 | 3 | 0 |
| Pay | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 5.699 | Semi-Annual | Semi-Annual | 06/18/2030 |  |  | 138200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2) |
| Receive<sup>(5)</sup> | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.000 | Semi-Annual | Semi-Annual | 09/17/2030 |  |  | 1166380 | (43) | (43) | (112) | (112) | (155) | (155) | 15 | 15 | 0 |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 3.000 | Semi-Annual | Semi-Annual | 09/18/2026 | SGD | SGD | 76840 | (116) | (116) | (1114) | (1114) | (1230) | (1230) | 0 | 0 | (31) |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 3.322 | Semi-Annual | Semi-Annual | 12/20/2028 |  |  | 4822 | (33) | (33) | (192) | (192) | (225) | (225) | 0 | 0 | (5) |
| Pay | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 2.750 | Semi-Annual | Semi-Annual | 03/19/2030 |  |  | 24680 | 31 | 31 | 955 | 955 | 986 | 986 | 27 | 27 | 0 |
| Pay | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1.992 | Semi-Annual | Semi-Annual | 06/18/2030 |  |  | 670 | 0 | 0 | 8 | 8 | 8 | 8 | 1 | 1 | 0 |
| Receive<sup>(5)</sup> | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 2.000 | Quarterly | Quarterly | 09/17/2030 | THB | THB | 176900 | (100) | (100) | (88) | (88) | (188) | (188) | 2 | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2030 | $ | $ | 15600 | (249) | (249) | 122 | 122 | (127) | (127) | 26 | 26 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/21/2028 |  |  | 11800 | (29) | (29) | 81 | 81 | 52 | 52 | 0 | 0 | (9) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2030 |  |  | 5350 | (67) | (67) | 22 | 22 | (45) | (45) | 9 | 9 | 0 |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 09/17/2030 |  |  | 15000 | 41 | 41 | 208 | 208 | 249 | 249 | 28 | 28 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 06/20/2031 |  |  | 4200 | 90 | 90 | (152) | (152) | (62) | (62) | 0 | 0 | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2033 |  |  | 3420 | 220 | 220 | (174) | (174) | 46 | 46 | 0 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 01/02/2034 |  |  | 400 | (2) | (2) | (1) | (1) | (3) | (3) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.810 | Annual | Annual | 01/02/2034 |  |  | 600 | (3) | (3) | (4) | (4) | (7) | (7) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.684 | Annual | Annual | 01/03/2034 |  |  | 400 | (2) | (2) | 1 | 1 | (1) | (1) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.648 | Annual | Annual | 01/08/2034 |  |  | 300 | (1) | (1) | 1 | 1 | 0 | 0 | 0 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 03/19/2034 |  |  | 4800 | (312) | (312) | 163 | 163 | (149) | (149) | 16 | 16 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.080 | Annual | Annual | 06/05/2034 |  |  | 800 | (3) | (3) | (24) | (24) | (27) | (27) | 0 | 0 | (3) |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 25 | 37 | 60 | 68 | 100 | 127 | 153 | 184 | 212 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2034 |  | 1900 | 76 | (19) | 57 | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 |  | 8200 | 312 | (381) | (69) | 0 | (29) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.994 | Annual | 07/02/2034 |  | 700 | (2) | (12) | (14) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.060 | Annual | 07/02/2034 |  | 800 | (3) | (18) | (21) | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 07/10/2034 |  | 1200 | (4) | (8) | (12) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 |  | 6100 | (77) | 54 | (23) | 0 | (23) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 |  | 12700 | 237 | (200) | 37 | 49 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 |  | 1200 | (79) | 34 | (45) | 4 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 |  | 3000 | 218 | (102) | 116 | 0 | (12) |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 09/17/2035 |  | 7700 | (65) | 109 | 44 | 32 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2036 |  | 800 | 14 | (11) | 3 | 0 | (4) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 10/17/2053 |  | 200 | (1) | (2) | (3) | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 12/20/2053 |  | 500 | 62 | 0 | 62 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 9300 | 566 | 118 | 684 | 0 | (71) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2054 |  | 100 | 4 | 4 | 8 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2054 |  | 7900 | 8 | (635) | (627) | 63 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.086 | Annual | 01/13/2055 |  | 2000 | 2 | (59) | (57) | 0 | (17) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 |  | 5700 | (774) | 92 | (682) | 43 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2055 |  | 11250 | 1427 | (105) | 1322 | 0 | (86) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 09/17/2055 |  | 6600 | 394 | 69 | 463 | 0 | (52) |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 09/17/2055 |  | 3400 | (261) | 16 | (245) | 28 | 0 |
| Pay | 1-Year BRL-CDI | 9.808 | Maturity | 01/02/2026 | BRL | 51600 | 0 | (459) | (459) | 0 | 0 |
| Receive | 1-Year BRL-CDI | 10.164 | Maturity | 01/02/2026 |  | 3390 | 0 | 33 | 33 | 0 | 0 |
| Receive | 1-Year BRL-CDI | 10.529 | Maturity | 01/02/2026 |  | 37800 | 0 | 269 | 269 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 6.151 | Maturity | 01/04/2027 |  | 2720 | (28) | (95) | (123) | 1 | 0 |
| Receive | 1-Year BRL-CDI | 9.783 | Maturity | 01/04/2027 |  | 49800 | 0 | 666 | 666 | 0 | (10) |
| Pay | 1-Year BRL-CDI | 9.795 | Maturity | 01/04/2027 |  | 21200 | 0 | (279) | (279) | 4 | 0 |
| Pay | 1-Year BRL-CDI | 9.815 | Maturity | 01/04/2027 |  | 13500 | 0 | (173) | (173) | 3 | 0 |
| Pay | 1-Year BRL-CDI | 9.832 | Maturity | 01/04/2027 |  | 12300 | 0 | (157) | (157) | 2 | 0 |
| Receive | 1-Year BRL-CDI | 9.840 | Maturity | 01/04/2027 |  | 25500 | 0 | 329 | 329 | 0 | (5) |
| Pay | 1-Year BRL-CDI | 9.840 | Maturity | 01/04/2027 |  | 16600 | 0 | (215) | (215) | 3 | 0 |
| Pay | 1-Year BRL-CDI | 9.842 | Maturity | 01/04/2027 |  | 28400 | 0 | (361) | (361) | 6 | 0 |
| Pay | 1-Year BRL-CDI | 10.225 | Maturity | 01/04/2027 |  | 8700 | 0 | (96) | (96) | 2 | 0 |
| Pay | 1-Year BRL-CDI | 10.235 | Maturity | 01/04/2027 |  | 8700 | 0 | (96) | (96) | 2 | 0 |
| Pay | 1-Year BRL-CDI | 10.565 | Maturity | 01/04/2027 |  | 11300 | 0 | (109) | (109) | 2 | 0 |
| Pay | 1-Year BRL-CDI | 10.602 | Maturity | 01/04/2027 |  | 36500 | 0 | (425) | (425) | 7 | 0 |
| Receive | 1-Year BRL-CDI | 10.671 | Maturity | 01/04/2027 |  | 21000 | 0 | 194 | 194 | 0 | (4) |
| Receive | 1-Year BRL-CDI | 10.768 | Maturity | 01/04/2027 |  | 10900 | 0 | 101 | 101 | 0 | (2) |
| Receive | 1-Year BRL-CDI | 10.872 | Maturity | 01/04/2027 |  | 17800 | 0 | 157 | 157 | 0 | (4) |
| Receive | 1-Year BRL-CDI | 10.943 | Maturity | 01/04/2027 |  | 18700 | 0 | 153 | 153 | 0 | (4) |
| Pay | 1-Year BRL-CDI | 10.980 | Maturity | 01/04/2027 |  | 17600 | 0 | (141) | (141) | 4 | 0 |
| Pay | 1-Year BRL-CDI | 11.064 | Maturity | 01/04/2027 |  | 16600 | 0 | (133) | (133) | 3 | 0 |
| Receive | 1-Year BRL-CDI | 11.133 | Maturity | 01/04/2027 |  | 21600 | 0 | 163 | 163 | 0 | (4) |
| Receive | 1-Year BRL-CDI | 11.513 | Maturity | 01/04/2027 |  | 13800 | 0 | 88 | 88 | 0 | (3) |
| Receive | 1-Year BRL-CDI | 11.560 | Maturity | 01/04/2027 |  | 11400 | 0 | 71 | 71 | 0 | (2) |
| Receive | 1-Year BRL-CDI | 11.736 | Maturity | 01/04/2027 |  | 59000 | 0 | 316 | 316 | 0 | (12) |
| Pay | 1-Year BRL-CDI | 12.033 | Maturity | 01/04/2027 |  | 64500 | 139 | (424) | (285) | 13 | 0 |
| Pay | 1-Year BRL-CDI | 13.927 | Maturity | 01/04/2027 |  | 114700 | 0 | (60) | (60) | 11 | 0 |
| Receive | 1-Year BRL-CDI | 14.020 | Maturity | 01/04/2027 |  | 44500 | 0 | 8 | 8 | 0 | (9) |
| Receive | 1-Year BRL-CDI | 14.350 | Maturity | 01/04/2027 |  | 97700 | 0 | (53) | (53) | 0 | (19) |
| Receive | 1-Year BRL-CDI | 11.575 | Maturity | 01/03/2028 |  | 7200 | 0 | 43 | 43 | 0 | (4) |
| Receive | 1-Year BRL-CDI | 11.590 | Maturity | 01/03/2028 |  | 7200 | 0 | 43 | 43 | 0 | (4) |
| Pay | 1-Year BRL-CDI | 11.695 | Maturity | 01/03/2028 |  | 13700 | 0 | (75) | (75) | 7 | 0 |
| Pay | 1-Year BRL-CDI | 10.044 | Maturity | 01/02/2029 |  | 19400 | (41) | (250) | (291) | 19 | 0 |
| Pay | 1-Year BRL-CDI | 11.490 | Maturity | 01/02/2029 |  | 22000 | 0 | (151) | (151) | 21 | 0 |
| Pay | 1-Year BRL-CDI | 11.523 | Maturity | 01/02/2029 |  | 34800 | 0 | (227) | (227) | 33 | 0 |
| Receive | 1-Year BRL-CDI | 11.655 | Maturity | 01/02/2029 |  | 11400 | 7 | 60 | 67 | 0 | (11) |
| Receive | 1-Year BRL-CDI | 11.928 | Maturity | 01/02/2029 |  | 19500 | (10) | 94 | 84 | 0 | (18) |
| Receive | 1-Year BRL-CDI | 12.255 | Maturity | 01/02/2029 |  | 9200 | 0 | 30 | 30 | 0 | (8) |
| Receive | 1-Year BRL-CDI | 12.569 | Maturity | 01/02/2029 |  | 7700 | 0 | 5 | 5 | 0 | (7) |
| Receive | 1-Year BRL-CDI | 12.760 | Maturity | 01/02/2029 |  | 30900 | 0 | 30 | 30 | 0 | (28) |
| Receive | 1-Year BRL-CDI | 13.270 | Maturity | 01/02/2029 |  | 15100 | 0 | (16) | (16) | 0 | (14) |
| Pay | 1-Year BRL-CDI | 13.291 | Maturity | 01/02/2029 |  | 34300 | 0 | 53 | 53 | 50 | 0 |

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------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 25 | 37 | 60 | 68 | 100 | 127 | 153 | 184 | 212 |
| Pay | 1-Year BRL-CDI | 13.320 | Maturity | 01/02/2029 |  | 3700 | 0 | 6 | 6 | 6 | 0 |
| Receive | 1-Year BRL-CDI | 13.335 | Maturity | 01/02/2029 |  | 17800 | 0 | (24) | (24) | 0 | (16) |
| Pay | 1-Year BRL-CDI | 13.405 | Maturity | 01/02/2029 |  | 37800 | 0 | 58 | 58 | 34 | 0 |
| Pay | 1-Year BRL-CDI | 13.425 | Maturity | 01/02/2029 |  | 11100 | 0 | 18 | 18 | 10 | 0 |
| Pay | 1-Year BRL-CDI | 13.430 | Maturity | 01/02/2029 |  | 21700 | 0 | 36 | 36 | 20 | 0 |
| Receive | 1-Year BRL-CDI | 13.518 | Maturity | 01/02/2029 |  | 16400 | 0 | (31) | (31) | 0 | (15) |
| Receive | 1-Year BRL-CDI | 13.545 | Maturity | 01/02/2029 |  | 16200 | 0 | (33) | (33) | 0 | (15) |
| Receive | 1-Year BRL-CDI | 13.589 | Maturity | 01/02/2029 |  | 41900 | 0 | (93) | (93) | 0 | (38) |
| Pay | 1-Year BRL-CDI | 13.680 | Maturity | 01/02/2029 |  | 53800 | 0 | 138 | 138 | 48 | 0 |
| Receive | 1-Year BRL-CDI | 13.844 | Maturity | 01/02/2029 |  | 9500 | 0 | (30) | (30) | 0 | (9) |
| Receive | 1-Year BRL-CDI | 13.923 | Maturity | 01/02/2029 |  | 16500 | 0 | (56) | (56) | 0 | (15) |
| Pay | 1-Year BRL-CDI | 13.998 | Maturity | 01/02/2029 |  | 29600 | 0 | 110 | 110 | 26 | 0 |
| Receive | 1-Year BRL-CDI | 14.026 | Maturity | 01/02/2029 |  | 11600 | 0 | (44) | (44) | 0 | (10) |
| Receive | 1-Year BRL-CDI | 14.087 | Maturity | 01/02/2029 |  | 13400 | 0 | (61) | (61) | 0 | (12) |
| Pay | 1-Year BRL-CDI | 14.185 | Maturity | 01/02/2029 |  | 27200 | 0 | 123 | 123 | 24 | 0 |
| Pay | 1-Year BRL-CDI | 14.213 | Maturity | 01/02/2029 |  | 14700 | 0 | 68 | 68 | 13 | 0 |
| Receive | 1-Year BRL-CDI | 14.245 | Maturity | 01/02/2029 |  | 100 | 0 | 0 | 0 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 14.570 | Maturity | 01/02/2029 |  | 11100 | 0 | 66 | 66 | 10 | 0 |
| Pay | 1-Year BRL-CDI | 15.036 | Maturity | 01/02/2029 |  | 15800 | 0 | 127 | 127 | 14 | 0 |
| Receive | 3-Month CNY-CNREPOFIX | 2.405 | Quarterly | 12/20/2028 | CNY | 74354 | (254) | (75) | (329) | 6 | 0 |
| Pay<sup>(5)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 06/18/2030 |  | 38880 | (34) | 42 | 8 | 0 | (3) |
| Pay<sup>(5)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 09/17/2030 |  | 48000 | 40 | (33) | 7 | 0 | (4) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.500 | Quarterly | 04/09/2026 | COP | 1568000 | 0 | 0 | 0 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.515 | Quarterly | 04/09/2026 |  | 750730 | 0 | 0 | 0 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.620 | Quarterly | 04/10/2026 |  | 2714600 | 0 | 0 | 0 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.470 | Quarterly | 06/21/2026 |  | 6139610 | 0 | 0 | 0 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.565 | Quarterly | 12/30/2027 |  | 5366000 | 0 | (6) | (6) | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.900 | Quarterly | 04/28/2028 |  | 1954400 | 0 | 7 | 7 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.970 | Quarterly | 04/28/2028 |  | 10167400 | 0 | 31 | 31 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.150 | Quarterly | 04/28/2028 |  | 12425000 | 0 | 24 | 24 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.820 | Quarterly | 06/05/2028 |  | 5639500 | (42) | 28 | (14) | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.410 | Quarterly | 08/09/2028 |  | 8215400 | 0 | 61 | 61 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.960 | Quarterly | 09/01/2028 |  | 13156900 | 75 | (29) | 46 | 1 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.215 | Quarterly | 11/14/2028 |  | 9635600 | 35 | (55) | (20) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.530 | Quarterly | 01/02/2029 |  | 3858500 | (15) | (16) | (31) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.190 | Quarterly | 06/13/2029 |  | 13489500 | 0 | (40) | (40) | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.770 | Quarterly | 07/18/2029 |  | 27700600 | 0 | (196) | (196) | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.400 | Quarterly | 09/09/2029 |  | 13247000 | 0 | (136) | (136) | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.805 | Quarterly | 10/22/2029 |  | 17490700 | (77) | (52) | (129) | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.400 | Quarterly | 03/19/2030 |  | 4977260 | (1) | (11) | (12) | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.430 | Quarterly | 05/15/2030 |  | 2431900 | 0 | 6 | 6 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.498 | Quarterly | 05/16/2030 |  | 14012000 | 0 | 24 | 24 | 1 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.725 | Quarterly | 06/10/2030 |  | 1311000 | 0 | 1 | 1 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.770 | Quarterly | 06/10/2030 |  | 3936000 | 0 | 4 | 4 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.790 | Quarterly | 06/10/2030 |  | 2624000 | 0 | 3 | 3 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.350 | Quarterly | 06/18/2030 |  | 7843600 | 6 | 20 | 26 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.800 | Quarterly | 06/18/2030 |  | 9290000 | 1 | (12) | (11) | 1 | 0 |
| Pay<sup>(5)</sup> | 3-Month COP-IBR Compounded-OIS | 8.710 | Quarterly | 09/17/2030 |  | 12062100 | 0 | 0 | 0 | 0 | (1) |
| Pay<sup>(5)</sup> | 3-Month COP-IBR Compounded-OIS | 8.755 | Quarterly | 09/17/2030 |  | 2508000 | 0 | 1 | 1 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.715 | Quarterly | 09/18/2030 |  | 6926100 | 0 | 71 | 71 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.020 | Quarterly | 12/04/2030 |  | 4283300 | 0 | 33 | 33 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 25 | 37 | 60 | 68 | 100 | 127 | 153 | 184 | 212 |
| Receive | 3-Month COP-IBR Compounded-OIS | 4.040 | Quarterly | 01/13/2031 |  | 1806700 | 0 | 95 | 95 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.705 | Quarterly | 03/26/2031 |  | 9224540 | 0 | 108 | 108 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 9.410 | Quarterly | 03/26/2031 |  | 5352000 | 0 | (37) | (37) | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.540 | Quarterly | 08/09/2031 |  | 8000000 | 0 | 121 | 121 | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.580 | Quarterly | 08/09/2031 |  | 8020000 | 0 | 118 | 118 | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.650 | Quarterly | 08/12/2031 |  | 1950700 | 0 | 27 | 27 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.520 | Quarterly | 08/13/2031 |  | 2414800 | 0 | 37 | 37 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.690 | Quarterly | 12/26/2031 |  | 4861000 | 0 | (11) | (11) | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 9.045 | Quarterly | 12/30/2031 |  | 1787200 | 0 | 3 | 3 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.800 | Quarterly | 06/30/2032 |  | 806250 | 0 | 12 | 12 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 9.407 | Quarterly | 03/21/2033 |  | 3613140 | 0 | (18) | (18) | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.990 | Quarterly | 11/25/2034 |  | 6032900 | 16 | 97 | 113 | 3 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 9.525 | Quarterly | 06/18/2035 |  | 3410000 | 1 | (15) | (14) | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 3.554 | Annual | 06/11/2030 |  | 90300 | 10 | 5 | 15 | 14 | 0 |
| Pay<sup>(5)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2027 | KRW | 9910360 | (9) | 27 | 18 | 0 | 0 |
| Pay | 3-Month KRW-KORIBOR | 2.368 | Quarterly | 06/18/2030 |  | 1471500 | 1 | (7) | (6) | 0 | 0 |
| Receive<sup>(5)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2030 |  | 9209370 | 3 | (8) | (5) | 1 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.680 | Annual | 04/25/2029 | PLN | 17800 | 0 | 81 | 81 | 0 | (3) |
| Receive | 3-Month PLN-WIBOR | 5.000 | Annual | 04/25/2029 |  | 1800 | 0 | (14) | (14) | 0 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.820 | Annual | 07/25/2029 |  | 11800 | 0 | (106) | (106) | 2 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.930 | Annual | 07/25/2029 |  | 3800 | 0 | (36) | (36) | 1 | 0 |
| Receive | 3-Month PLN-WIBOR | 5.010 | Annual | 07/25/2029 |  | 1700 | 0 | (18) | (18) | 0 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.794 | Annual | 10/25/2029 |  | 11800 | 0 | (152) | (152) | 2 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.855 | Annual | 02/10/2030 |  | 13900 | 13 | 73 | 86 | 0 | (2) |
| Receive | 3-Month PLN-WIBOR | 4.015 | Annual | 04/17/2030 |  | 4000 | 0 | 12 | 12 | 1 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.019 | Annual | 04/18/2030 |  | 3900 | 0 | 12 | 12 | 1 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.048 | Annual | 04/18/2030 |  | 2000 | 0 | 5 | 5 | 0 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.049 | Annual | 04/18/2030 |  | 2800 | 0 | 7 | 7 | 0 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.065 | Annual | 04/18/2030 |  | 1900 | 0 | 5 | 5 | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 5.055 | Annual | 10/25/2033 |  | 3100 | 0 | 58 | 58 | 0 | 0 |
| Receive | 3-Month SEK-STIBOR | 2.021 | Annual | 10/07/2029 | SEK | 57400 | (2) | (35) | (37) | 0 | (7) |
| Pay | 3-Month SEK-STIBOR | 2.298 | Annual | 10/07/2029 |  | 57100 | 0 | 118 | 118 | 7 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.410 | Quarterly | 07/13/2025 | ZAR | 102900 | 27 | (14) | 13 | 0 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.860 | Quarterly | 11/22/2025 |  | 23900 | 0 | (4) | (4) | 0 | 0 |
| Receive | 3-Month ZAR-JIBAR | 6.855 | Quarterly | 02/11/2026 |  | 154200 | 0 | 24 | 24 | 0 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.565 | Quarterly | 03/22/2026 |  | 62800 | 0 | (11) | (11) | 0 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.100 | Quarterly | 06/05/2026 |  | 77900 | 0 | (43) | (43) | 0 | (1) |
| Receive | 3-Month ZAR-JIBAR | 6.067 | Quarterly | 12/21/2026 |  | 13320 | 11 | (1) | 10 | 0 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.195 | Quarterly | 12/21/2026 |  | 207300 | 148 | 48 | 196 | 5 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.210 | Quarterly | 12/21/2026 |  | 25000 | (18) | (6) | (24) | 0 | (1) |
| Receive | 3-Month ZAR-JIBAR | 7.205 | Quarterly | 04/22/2027 |  | 33300 | 0 | (6) | (6) | 0 | (1) |
| Pay | 3-Month ZAR-JIBAR | 8.500 | Quarterly | 10/17/2027 |  | 73400 | 18 | 123 | 141 | 4 | 0 |
| Pay | 3-Month ZAR-JIBAR | 9.290 | Quarterly | 05/26/2028 |  | 20900 | 38 | 34 | 72 | 2 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.440 | Quarterly | 11/02/2028 |  | 40300 | (47) | (50) | (97) | 0 | (4) |
| Pay | 3-Month ZAR-JIBAR | 7.685 | Quarterly | 01/31/2030 |  | 65700 | 0 | 65 | 65 | 10 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.355 | Quarterly | 01/31/2030 |  | 53200 | (66) | (68) | (134) | 0 | (8) |
| Receive | 3-Month ZAR-JIBAR | 8.700 | Quarterly | 01/31/2030 |  | 28200 | 0 | (93) | (93) | 0 | (4) |
| Receive | 3-Month ZAR-JIBAR | 8.735 | Quarterly | 01/31/2030 |  | 9900 | 0 | (34) | (34) | 0 | (2) |
| Pay | 3-Month ZAR-JIBAR | 7.730 | Quarterly | 03/12/2030 |  | 82400 | (10) | 98 | 88 | 13 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.775 | Quarterly | 03/18/2030 |  | 65000 | 0 | (75) | (75) | 0 | (10) |
| Receive | 3-Month ZAR-JIBAR | 7.810 | Quarterly | 03/27/2030 |  | 26400 | (5) | (27) | (32) | 0 | (4) |
| Receive | 3-Month ZAR-JIBAR | 7.570 | Quarterly | 05/27/2030 |  | 226900 | (47) | (92) | (139) | 0 | (36) |
| Receive | 3-Month ZAR-JIBAR | 7.700 | Quarterly | 06/18/2030 |  | 143960 | (43) | (88) | (131) | 0 | (24) |
| Pay | 3-Month ZAR-JIBAR | 7.860 | Quarterly | 06/18/2030 |  | 65000 | 0 | 84 | 84 | 11 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.650 | Quarterly | 06/20/2030 |  | 70974 | (21) | (35) | (56) | 0 | (12) |
| Pay | 3-Month ZAR-JIBAR | 7.810 | Quarterly | 06/20/2030 |  | 27616 | 0 | 32 | 32 | 5 | 0 |
| Pay<sup>(5)</sup> | 3-Month ZAR-JIBAR | 7.370 | Quarterly | 08/26/2030 |  | 36000 | 0 | 1 | 1 | 6 | 0 |
| Pay<sup>(5)</sup> | 3-Month ZAR-JIBAR | 7.560 | Quarterly | 09/22/2030 |  | 35180 | 0 | 15 | 15 | 6 | 0 |
| Receive | 3-Month ZAR-JIBAR | 9.330 | Quarterly | 02/09/2034 |  | 51400 | (152) | (76) | (228) | 0 | (17) |
| Pay | 3-Month ZAR-JIBAR | 8.872 | Quarterly | 07/24/2034 |  | 28300 | 22 | 51 | 73 | 10 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.800 | Semi-Annual | 02/13/2026 | CLP | 1530400 | 0 | 1 | 1 | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.775 | Semi-Annual | 02/23/2026 |  | 8263200 | 43 | (38) | 5 | 7 | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 25 | 37 | 68 | 100 | 127 | 153 | 184 | 212 |
| Receive | 6-Month CLP-CHILIBOR | 3.000 | Semi-Annual | 06/14/2026 | 7364000 | 0 | 124 | 124 | 0 | (1) |
| Pay | 6-Month CLP-CHILIBOR | 5.360 | Semi-Annual | 06/28/2026 | 8260000 | 0 | 82 | 82 | 1 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 03/20/2028 | 3048850 | 0 | 87 | 87 | 2 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.335 | Semi-Annual | 10/01/2028 | 870100 | 0 | 6 | 6 | 0 | (1) |
| Pay | 6-Month CLP-CHILIBOR | 4.540 | Semi-Annual | 10/01/2028 | 708500 | 0 | 1 | 1 | 1 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.940 | Semi-Annual | 10/01/2028 | 165000 | 0 | 2 | 2 | 0 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.290 | Semi-Annual | 10/01/2028 | 659600 | 0 | 18 | 18 | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.920 | Semi-Annual | 10/02/2028 | 784000 | 0 | (39) | (39) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 6.000 | Semi-Annual | 10/02/2028 | 1542000 | (1) | (80) | (81) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.780 | Semi-Annual | 10/03/2028 | 469000 | 0 | (21) | (21) | 0 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.500 | Semi-Annual | 11/13/2028 | 2040800 | 49 | 22 | 71 | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.260 | Semi-Annual | 11/17/2028 | 391900 | 0 | (10) | (10) | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.695 | Semi-Annual | 02/14/2029 | 1113400 | 0 | (5) | (5) | 0 | (1) |
| Pay | 6-Month CLP-CHILIBOR | 6.370 | Semi-Annual | 06/29/2029 | 323000 | 0 | 25 | 25 | 0 | (1) |
| Pay | 6-Month CLP-CHILIBOR | 5.000 | Semi-Annual | 07/19/2029 | 5091600 | 0 | 88 | 88 | 4 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.050 | Semi-Annual | 07/19/2029 | 1338400 | 1 | 25 | 26 | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.390 | Semi-Annual | 10/01/2029 | 451200 | 0 | 5 | 5 | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.555 | Semi-Annual | 10/08/2029 | 630000 | 0 | 2 | 2 | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.730 | Semi-Annual | 10/16/2029 | 1380800 | 0 | (7) | (7) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.280 | Semi-Annual | 02/28/2030 | 3912400 | (19) | (102) | (121) | 0 | (4) |
| Receive | 6-Month CLP-CHILIBOR | 4.750 | Semi-Annual | 04/10/2030 | 2650200 | 0 | (12) | (12) | 0 | (2) |
| Pay | 6-Month CLP-CHILIBOR | 4.690 | Semi-Annual | 06/18/2030 | 879600 | 0 | 1 | 1 | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.715 | Semi-Annual | 06/18/2030 | 1070200 | 0 | (3) | (3) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.350 | Semi-Annual | 09/01/2030 | 801600 | 0 | (28) | (28) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.690 | Semi-Annual | 09/01/2030 | 58400 | 0 | (3) | (3) | 0 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.070 | Semi-Annual | 06/24/2031 | 3104700 | 0 | 53 | 53 | 2 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.970 | Semi-Annual | 06/18/2032 | 805000 | 0 | 6 | 6 | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 6.146 | Semi-Annual | 10/30/2032 | 3056500 | 0 | (265) | (265) | 0 | (4) |
| Receive | 6-Month CLP-CHILIBOR | 5.030 | Semi-Annual | 03/20/2033 | 3796610 | 0 | (30) | (30) | 0 | (4) |
| Receive | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 04/01/2033 | 601500 | 0 | (21) | (21) | 0 | (1) |
| Receive<sup>(5)</sup> | 6-Month CLP-CHILIBOR | 5.250 | Annual | 05/13/2033 | 627300 | 0 | 2 | 2 | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.855 | Semi-Annual | 10/05/2033 | 1103000 | 0 | (75) | (75) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.790 | Semi-Annual | 10/06/2033 | 447000 | 0 | (28) | (28) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.870 | Semi-Annual | 10/11/2033 | 395800 | 0 | (27) | (27) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.940 | Semi-Annual | 10/20/2033 | 189900 | 0 | (14) | (14) | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.990 | Semi-Annual | 10/20/2033 | 1831830 | 0 | (144) | (144) | 0 | (2) |
| Receive | 6-Month CLP-CHILIBOR | 6.235 | Semi-Annual | 10/26/2033 | 878100 | 0 | (85) | (85) | 0 | (1) |
| Pay | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 11/16/2033 | 435200 | 0 | 14 | 14 | 1 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.230 | Semi-Annual | 11/17/2033 | 221600 | 0 | 4 | 4 | 0 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.920 | Semi-Annual | 02/13/2034 | 365400 | (1) | 0 | (1) | 0 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.030 | Semi-Annual | 02/23/2034 | 1946800 | (18) | 26 | 8 | 3 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.313 | Semi-Annual | 04/25/2034 | 954600 | 0 | 24 | 24 | 1 | 0 |

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------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 25 | 37 | 60 | 68 | 100 | 127 | 153 | 184 | 212 |
| Pay | 6-Month CLP-CHILIBOR | 5.360 | Semi-Annual | 04/26/2034 |  | 493900 | 0 | 14 | 14 | 1 | 0 |
| Pay<sup>(5)</sup> | 6-Month CLP-CHILIBOR | 5.750 | Annual | 05/13/2034 |  | 642200 | 0 | 0 | 0 | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.450 | Semi-Annual | 06/28/2034 |  | 2020000 | 0 | (74) | (74) | 0 | (3) |
| Pay | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 07/03/2034 |  | 893400 | 0 | 29 | 29 | 1 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.440 | Semi-Annual | 02/28/2035 |  | 1786000 | 0 | 58 | 58 | 3 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.120 | Semi-Annual | 06/18/2035 |  | 400700 | 0 | 1 | 1 | 1 | 0 |
| Receive | 6-Month CZK-PRIBOR | 4.611 | Annual | 06/06/2028 | CZK | 30160 | (25) | (18) | (43) | 3 | 0 |
| Pay | 6-Month CZK-PRIBOR | 4.388 | Annual | 11/15/2028 |  | 220000 | 300 | 215 | 515 | 0 | (24) |
| Receive | 6-Month CZK-PRIBOR | 4.070 | Annual | 11/23/2028 |  | 36900 | 0 | (65) | (65) | 4 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.765 | Annual | 01/09/2029 |  | 36800 | 10 | 0 | 10 | 0 | (4) |
| Pay | 6-Month CZK-PRIBOR | 3.645 | Annual | 02/01/2029 |  | 105100 | 0 | 8 | 8 | 0 | (12) |
| Receive | 6-Month CZK-PRIBOR | 3.534 | Annual | 03/21/2029 |  | 50300 | 0 | 5 | 5 | 6 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.850 | Annual | 05/10/2029 |  | 5800 | 0 | 3 | 3 | 0 | (1) |
| Receive | 6-Month CZK-PRIBOR | 4.130 | Annual | 06/03/2029 |  | 20700 | 0 | (20) | (20) | 3 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.605 | Annual | 07/12/2029 |  | 86800 | 0 | (74) | (74) | 11 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.480 | Annual | 07/15/2029 |  | 112400 | 9 | (73) | (64) | 15 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.580 | Annual | 10/25/2029 |  | 204900 | 110 | 55 | 165 | 0 | (28) |
| Receive | 6-Month CZK-PRIBOR | 3.130 | Annual | 04/09/2030 |  | 95500 | 27 | 77 | 104 | 14 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.290 | Annual | 04/30/2030 |  | 16300 | 0 | 12 | 12 | 2 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.258 | Annual | 05/05/2030 |  | 19800 | 0 | 16 | 16 | 3 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.325 | Annual | 05/06/2030 |  | 55900 | 0 | 37 | 37 | 8 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.410 | Annual | 05/14/2030 |  | 44400 | 0 | 21 | 21 | 7 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.485 | Annual | 05/16/2030 |  | 3200 | 0 | 1 | 1 | 0 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.363 | Annual | 05/29/2030 |  | 30700 | 0 | (18) | (18) | 0 | (5) |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 | EUR | 200 | 1 | (1) | 0 | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.100 | Annual | 09/20/2030 |  | 2300 | (98) | (56) | (154) | 3 | 0 |
| Receive | 6-Month HUF-BBR | 8.740 | Annual | 04/28/2028 | HUF | 606700 | (50) | (79) | (129) | 0 | (1) |
| Pay | 6-Month HUF-BBR | 7.610 | Annual | 11/03/2028 |  | 327880 | 0 | 83 | 83 | 1 | 0 |
| Pay | 6-Month HUF-BBR | 7.330 | Annual | 11/06/2028 |  | 1333600 | 132 | 165 | 297 | 3 | 0 |
| Pay | 6-Month HUF-BBR | 6.090 | Annual | 10/21/2029 |  | 828800 | (36) | 109 | 73 | 3 | 0 |
| Pay | 6-Month HUF-BBR | 6.363 | Annual | 01/31/2030 |  | 1208000 | 0 | 34 | 34 | 6 | 0 |
| Pay | 6-Month HUF-BBR | 6.392 | Annual | 03/11/2030 |  | 635800 | 0 | 20 | 20 | 3 | 0 |
| Pay | 6-Month HUF-BBR | 6.650 | Annual | 03/13/2030 |  | 277400 | 0 | 18 | 18 | 1 | 0 |
| Receive | 6-Month HUF-BBR | 6.250 | Annual | 04/09/2030 |  | 360200 | 3 | (8) | (5) | 0 | (2) |
| Pay | 6-Month HUF-BBR | 5.890 | Annual | 05/09/2030 |  | 789200 | 0 | (23) | (23) | 4 | 0 |
| Pay | 6-Month HUF-BBR | 6.270 | Annual | 06/16/2030 |  | 719900 | 1 | 13 | 14 | 4 | 0 |
| Receive | 6-Month HUF-BBR | 6.210 | Annual | 06/26/2030 |  | 2203800 | (4) | (23) | (27) | 0 | (14) |
| Receive | 6-Month HUF-BBR | 7.840 | Annual | 02/07/2033 |  | 183000 | 0 | (50) | (50) | 0 | (2) |
| Receive | 6-Month HUF-BBR | 6.580 | Annual | 05/16/2035 |  | 86700 | 0 | (1) | (1) | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 5.520 | Annual | 03/20/2026 | PLN | 13100 | 0 | 7 | 7 | 1 | 0 |
| Pay | 6-Month PLN-WIBOR | 5.620 | Annual | 03/21/2026 |  | 1500 | 0 | 1 | 1 | 0 | 0 |
| Receive | 6-Month PLN-WIBOR | 2.950 | Annual | 12/13/2026 |  | 27100 | 0 | 55 | 55 | 0 | (1) |
| Receive | 6-Month PLN-WIBOR | 4.075 | Annual | 03/07/2027 |  | 15600 | 0 | 50 | 50 | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 7.310 | Annual | 06/30/2027 |  | 4500 | 20 | 50 | 70 | 0 | 0 |
| Pay | 6-Month PLN-WIBOR | 5.430 | Annual | 03/16/2028 |  | 1600 | 13 | 0 | 13 | 0 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.735 | Annual | 10/09/2028 |  | 6200 | 0 | (65) | (65) | 1 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.560 | Annual | 11/06/2028 |  | 47500 | (7) | (433) | (440) | 6 | 0 |
| Pay | 6-Month PLN-WIBOR | 4.660 | Annual | 02/19/2029 |  | 5100 | 0 | 15 | 15 | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 4.923 | Annual | 03/22/2029 |  | 6400 | 0 | 38 | 38 | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 5.105 | Annual | 07/12/2029 |  | 17200 | 0 | 267 | 267 | 0 | (2) |
| Pay | 6-Month PLN-WIBOR | 4.865 | Annual | 07/18/2029 |  | 3500 | 0 | 44 | 44 | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 4.750 | Annual | 08/02/2029 |  | 3100 | 0 | 34 | 34 | 0 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.259 | Annual | 08/08/2029 |  | 13300 | 0 | (65) | (65) | 2 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.388 | Annual | 08/09/2029 |  | 13600 | 0 | (89) | (89) | 2 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.415 | Annual | 08/12/2029 |  | 5600 | 0 | (38) | (38) | 1 | 0 |
| Receive | 6-Month PLN-WIBOR | 0.980 | Annual | 06/09/2030 |  | 5400 | 0 | 216 | 216 | 1 | 0 |
| Pay | 28-Day MXN-TIIE | 9.295 | Lunar | 12/29/2025 | MXN | 13800 | 0 | 4 | 4 | 0 | 0 |
| Pay | 28-Day MXN-TIIE | 8.075 | Lunar | 03/17/2027 |  | 33500 | 0 | 16 | 16 | 2 | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 4 | 14 | 17 | 25 | 35 | 54 | 89 | 98 | 103 | 125 | 140 | 151 | 153 | 182 | 184 | 197 | 210 | 212 |
| Pay<sup>(5)</sup> | Pay<sup>(5)</sup> | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.295 | Lunar | Lunar | 10/30/2028 | 13800 |  | 7 |  | 22 |  | 29 |  | 1 | 1 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.760 | Lunar | Lunar | 03/01/2029 | 118700 |  | 0 |  | 38 |  | 38 |  | 14 | 14 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.250 | Lunar | Lunar | 03/01/2029 | 30400 |  | (23) |  | (12) |  | (35) |  | 0 | 0 |  | (4) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.065 | Lunar | Lunar | 03/01/2029 | 2900 |  | 0 |  | 7 |  | 7 |  | 0 | 0 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.220 | Lunar | Lunar | 09/17/2029 | 50000 |  | 0 |  | (58) |  | (58) |  | 0 | 0 |  | (7) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.665 | Lunar | Lunar | 12/11/2029 | 36300 |  | 0 |  | (76) |  | (76) |  | 0 | 0 |  | (5) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.800 | Lunar | Lunar | 12/12/2029 | 42200 |  | 26 |  | 74 |  | 100 |  | 6 | 6 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.950 | Lunar | Lunar | 12/17/2029 | 9700 |  | 0 |  | (26) |  | (26) |  | 0 | 0 |  | (1) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.180 | Lunar | Lunar | 01/08/2030 | 83000 |  | (39) |  | (226) |  | (265) |  | 0 | 0 |  | (13) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.650 | Lunar | Lunar | 01/31/2030 | 69600 |  | 0 |  | 145 |  | 145 |  | 11 | 11 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.267 | Lunar | Lunar | 02/28/2030 | 122200 |  | 0 |  | (158) |  | (158) |  | 0 | 0 |  | (19) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.360 | Lunar | Lunar | 03/13/2030 | 2000 |  | 0 |  | 3 |  | 3 |  | 0 | 0 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.480 | Lunar | Lunar | 03/13/2030 | 55500 |  | 0 |  | (97) |  | (97) |  | 0 | 0 |  | (9) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.595 | Lunar | Lunar | 03/13/2030 | 74700 |  | 0 |  | (149) |  | (149) |  | 0 | 0 |  | (12) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.720 | Lunar | Lunar | 04/01/2030 | 12800 |  | 0 |  | 1 |  | 1 |  | 2 | 2 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.750 | Lunar | Lunar | 04/01/2030 | 47800 |  | 2 |  | 6 |  | 8 |  | 7 | 7 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.775 | Lunar | Lunar | 04/01/2030 | 17900 |  | 0 |  | 4 |  | 4 |  | 3 | 3 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.790 | Lunar | Lunar | 04/01/2030 | 7700 |  | 0 |  | 2 |  | 2 |  | 1 | 1 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.582 | Lunar | Lunar | 04/02/2030 | 45800 |  | 0 |  | (9) |  | (9) |  | 7 | 7 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.748 | Lunar | Lunar | 04/02/2030 | 9800 |  | 0 |  | 2 |  | 2 |  | 2 | 2 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.753 | Lunar | Lunar | 04/16/2030 | 64100 |  | 0 |  | 11 |  | 11 |  | 10 | 10 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.775 | Lunar | Lunar | 06/12/2030 | 36200 |  | 0 |  | (7) |  | (7) |  | 0 | 0 |  | (6) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.790 | Lunar | Lunar | 06/12/2030 | 90300 |  | 0 |  | (21) |  | (21) |  | 0 | 0 |  | (15) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.936 | Lunar | Lunar | 06/12/2030 | 130700 |  | 0 |  | (73) |  | (73) |  | 0 | 0 |  | (21) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.290 | Lunar | Lunar | 02/27/2032 | 10600 |  | 0 |  | 13 |  | 13 |  | 2 | 2 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.545 | Lunar | Lunar | 11/23/2034 | 12700 |  | 0 |  | 22 |  | 22 |  | 3 | 3 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.873 | Lunar | Lunar | 11/23/2034 | 13400 |  | 0 |  | (39) |  | (39) |  | 0 | 0 |  | (3) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.131 | Lunar | Lunar | 12/11/2034 | 18000 |  | 0 |  | (70) |  | (70) |  | 0 | 0 |  | (5) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.370 | Lunar | Lunar | 12/21/2034 | 22500 |  | 0 |  | 107 |  | 107 |  | 6 | 6 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.550 | Lunar | Lunar | 02/22/2035 | 28800 |  | 0 |  | (50) |  | (50) |  | 0 | 0 |  | (7) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.640 | Lunar | Lunar | 03/07/2035 | 38400 |  | 0 |  | (80) |  | (80) |  | 0 | 0 |  | (10) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.655 | Lunar | Lunar | 03/07/2035 | 30500 |  | 0 |  | (65) |  | (65) |  | 0 | 0 |  | (8) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.740 | Lunar | Lunar | 03/07/2035 | 90800 |  | 0 |  | (222) |  | (222) |  | 0 | 0 |  | (24) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.365 | Lunar | Lunar | 03/28/2035 | 79500 |  | 0 |  | 84 |  | 84 |  | 20 | 20 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.285 | Lunar | Lunar | 06/06/2035 | 21600 |  | 0 |  | (16) |  | (16) |  | 0 | 0 |  | (6) |
|  |  |  |  |  |  |  |  | $ | $1584 | 1584 | $(2863) | (2863) | $(1279) | (1279) | $1120 | 1120 | 1120 | $(1150) | (1150) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**1586** | **1586** | $**(2864)** | **(2864)** | $**(1278)** | **(1278)** | $**1120** | **1120** | **1120** | $**(1150)** | **(1150)** |
| **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $6,309 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | AUD | 791 | 791 | $ | $514 | 514 | 514 | 0 | 0 | 0 | 0 | $(7) | (7) | (7) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 5610 | 5610 |  | 6569 | 6569 | 6569 | 0 | 0 | 0 | 0 | (40) | (40) | (40) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $158 | 158 | CNH | 1141 | 1141 | 1141 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 40 | 40 | NZD | 67 | 67 | 67 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 67 | 67 | $ | $40 | 40 | 40 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $514 | 514 | AUD | 791 | 791 | 791 | 7 | 7 | 7 | 7 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 15402 | 15402 | CNH | 110698 | 110698 | 110698 | 121 | 121 | 121 | 121 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 6583 | 6583 | EUR | 5610 | 5610 | 5610 | 40 | 40 | 40 | 40 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 1737 | 1737 | INR | 149256 | 149256 | 149256 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  | 09/2025  | PHP | 151214 | 151214 | $ | $2703 | 2703 | 2703 | 22 | 22 | 22 | 22 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | BRL | 8257 | 8257 |  | 1442 | 1442 | 1442 | 0 | 0 | 0 | 0 | (78) | (78) | (78) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | DOP | 103476 | 103476 |  | 1732 | 1732 | 1732 | 9 | 9 | 9 | 9 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 7159 | 7159 |  | 8140 | 8140 | 8140 | 0 | 0 | 0 | 0 | (293) | (293) | (293) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | IDR | 15721240 | 15721240 |  | 964 | 964 | 964 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PEN | 4900 | 4900 |  | 1349 | 1349 | 1349 | 0 | 0 | 0 | 0 | (34) | (34) | (34) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SGD | 2950 | 2950 |  | 2304 | 2304 | 2304 | 0 | 0 | 0 | 0 | (16) | (16) | (16) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $1513 | 1513 | BRL | 8257 | 8257 | 8257 | 7 | 7 | 7 | 7 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 958 | 958 | JPY | 137800 | 137800 | 137800 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1337 | 1337 | KRW | 1813200 | 1813200 | 1813200 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 319 | 1352 | 2 | 0 |
|  | 07/2025  | 883 | 49391 | 0 | (6) |
|  | 07/2025  | 54391 | $3066 | 0 | (1) |
|  | 08/2025  | 1452 | 203 | 0 | (1) |
|  | 08/2025  | 122262 | 5732 | 0 | (102) |
|  | 08/2025  | 428611 | 1060 | 0 | (6) |
|  | 08/2025  | 16546 | $4493 | 0 | (172) |
|  | 08/2025  | 124 | 4 | 0 | (1) |
|  | 08/2025  | $4821 | 34629 | 34 | 0 |
|  | 08/2025  | 2304 | 2943 | 17 | 0 |
|  | 09/2025  | 3775918 | $908 | 0 | (9) |
|  | 09/2025  | 23782 | 1249 | 0 | (8) |
|  | 09/2025  | $833 | 16151 | 21 | 0 |
|  | 02/2026  | 402928 | $8155 | 0 | (184) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 297 | 52 | 0 | (3) |
|  | 07/2025  | 17615 | 2458 | 0 | (1) |
|  | 07/2025  | 494300 | 3434 | 1 | 0 |
|  | 07/2025  | 4202 | 1151 | 0 | (35) |
|  | 07/2025  | 6339 | 195 | 0 | 0 |
|  | 07/2025  | $54 | 297 | 0 | 0 |
|  | 07/2025  | 2710 | 19412 | 2 | 0 |
|  | 07/2025  | 2261 | 16185 | 4 | 0 |
|  | 07/2025  | 2738 | 44729653 | 20 | 0 |
|  | 07/2025  | 2121 | 2889604 | 17 | 0 |
|  | 07/2025  | 167 | 733 | 2 | 0 |
|  | 07/2025  | 10366 | 336353 | 0 | (17) |
|  | 07/2025  | 4401 | 143032 | 524 | 0 |
|  | 08/2025  | 522 | $23 | 0 | (1) |
|  | 08/2025  | 27136 | 189 | 0 | 0 |
|  | 08/2025  | 169282 | 5816 | 22 | (91) |
|  | 08/2025  | $8350 | 59639 | 13 | 0 |
|  | 08/2025  | 2949 | 21084 | 5 | 0 |
|  | 08/2025  | 2169 | 48289 | 135 | 0 |
|  | 08/2025  | 56 | 19695 | 2 | 0 |
|  | 08/2025  | 7330 | 632204 | 31 | (1) |
|  | 08/2025  | 9039 | 284195 | 841 | 0 |
|  | 09/2025  | 718667 | $174 | 0 | 0 |
|  | 09/2025  | 91339 | 24955 | 0 | (2180) |
|  | 09/2025  | $654 | 2370 | 14 | 0 |
|  | 10/2025  | 381800 | $63034 | 0 | (5638) |
|  | 10/2025  | 2037 | 2190 | 0 | (227) |
|  | 05/2026  | $1736 | 529 | 0 | (5) |
|  | 06/2026  | 481 | 147 | 0 | (1) |
|  | 07/2026  | 270878 | $178 | 3 | 0 |
|  | 06/2027  | $597 | 181 | 0 | (5) |
|  | 05/2029  | 2630 | $9040 | 395 | 0 |
|  | 07/2029  | 295 | 1015 | 44 | 0 |
|  | 05/2030  | 1713 | 5900 | 236 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1844 | 2094 | 0 | (78) |
|  | 07/2025  | 14285 | 4231 | 0 | (10) |
|  | 07/2025  | 113913 | 83 | 0 | (1) |
|  | 07/2025  | 195538 | 4812 | 0 | (35) |
|  | 07/2025  | $3097 | 2276 | 27 | 0 |
|  | 07/2025  | 8532 | 29707 | 287 | 0 |
|  | 07/2025  | 10 | 1476 | 0 | 0 |
|  | 07/2025  | 2097 | 2838128 | 3 | 0 |
|  | 07/2025  | 34019 | 143884 | 134 | 0 |
|  | 07/2025  | 16 | 166 | 0 | 0 |
|  | 07/2025  | 824 | 3087 | 32 | 0 |
|  | 07/2025  | 32223 | 1317605 | 518 | 0 |
|  | 07/2025  | 1290 | 23325 | 25 | 0 |
|  | 07/2025  | 315902 | $17572 | 9 | (252) |
|  | 08/2025  | 45403 | 6312 | 0 | (54) |
|  | 08/2025  | 1060 | 428622 | 6 | 0 |
|  | 08/2025  | 2276 | $3097 | 0 | (27) |
|  | 08/2025  | $21427 | 476526 | 1310 | 0 |
|  | 08/2025  | 803 | 1021 | 2 | 0 |
|  | 08/2025  | 10024 | 416907 | 115 | 0 |
|  | 09/2025  | 120289 | $28450 | 0 | (173) |
|  | 09/2025  | $56 | 233205 | 1 | 0 |
|  | 09/2025  | 102 | 1968 | 2 | 0 |
|  | 09/2025  | 2196 | 8022 | 64 | 0 |
|  | 12/2025  | 569 | 26528 | 10 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 6547 | $1200 | 0 | (5) |
|  | 07/2025  | $1156 | 6547 | 49 | 0 |
|  | 07/2025  | 4886 | 17587 | 77 | 0 |
|  | 08/2025  | 3387 | 11990 | 0 | (5) |
|  | 09/2025  | 4908 | $1371 | 0 | (11) |
|  | 09/2025  | $5452 | 19963 | 171 | 0 |
|  | 11/2025  | 6330 | $1750 | 0 | (29) |
|  | 12/2025  | 18440 | 5152 | 6 | (35) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 54204 | 9868 | 0 | (109) |
|  | 07/2025  | 8485 | 2304 | 0 | (91) |
|  | 07/2025  | 41493 | 738 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 364852 | 11083 | 0 | (140) |
|  | 07/2025  | 70661 | 2364 | 0 | (69) |
|  | 07/2025  | $9339 | 54204 | 638 | 0 |
|  | 07/2025  | 13210 | 94666 | 33 | 0 |
|  | 07/2025  | 788 | 688 | 22 | 0 |
|  | 07/2025  | 5924 | 96336687 | 19 | (2) |
|  | 07/2025  | 63628 | 87193730 | 868 | (2) |
|  | 07/2025  | 2188 | 7762 | 5 | (2) |
|  | 07/2025  | 1025 | 57853 | 2 | 0 |
|  | 07/2025  | 1525 | 1958 | 15 | 0 |
|  | 07/2025  | 21271 | 697235 | 200 | 0 |
|  | 07/2025  | 6717 | 218090 | 792 | 0 |
|  | 08/2025  | 3699376 | $3852 | 0 | (119) |
|  | 08/2025  | 29528452 | 7081 | 0 | (110) |
|  | 08/2025  | 6389 | 119 | 0 | (7) |
|  | 08/2025  | 15546 | 4174 | 0 | (211) |
|  | 08/2025  | 11461 | 354 | 0 | (45) |
|  | 08/2025  | $7306 | 52563 | 64 | 0 |
|  | 08/2025  | 2998 | 21448 | 8 | 0 |
|  | 08/2025  | 54 | 2971 | 5 | 0 |
|  | 08/2025  | 19369 | 1669478 | 74 | (8) |
|  | 08/2025  | 7763 | 253390 | 1046 | 0 |
|  | 09/2025  | 4305119 | $1045 | 2 | 0 |
|  | 09/2025  | 29824 | 7972 | 0 | (888) |
|  | 09/2025  | 7545 | 2065 | 0 | (59) |
|  | 09/2025  | $1923 | 7968520 | 9 | (1) |
|  | 10/2025  | 386 | 1880592 | 68 | 0 |
|  | 12/2025  | 1287 | 73395 | 96 | 0 |
|  | 01/2026  | 6984 | $1963 | 2 | 0 |
|  | 02/2026  | 1829 | 128 | 0 | (27) |
|  | 06/2026  | 554387 | 365 | 5 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 93 | 13 | 0 | 0 |
|  | 07/2025  | 62894 | 1180 | 0 | (79) |
|  | 07/2025  | 192785 | 5874 | 0 | (56) |
|  | 07/2025  | 1865150 | 511 | 0 | (8) |
|  | 07/2025  | $1967 | 14037 | 0 | (3) |
|  | 07/2025  | 170 | 146 | 3 | 0 |
|  | 07/2025  | 895 | 14565230 | 3 | 0 |
|  | 07/2025  | 4162 | 14426 | 121 | 0 |
|  | 07/2025  | 1136 | 595190 | 2 | 0 |
|  | 07/2025  | 77 | 327 | 1 | 0 |
|  | 07/2025  | 211 | 271 | 3 | 0 |
|  | 07/2025  | 5882 | 192785 | 60 | 0 |
|  | 08/2025  | 54491 | $7471 | 0 | (170) |
|  | 08/2025  | 146 | 170 | 0 | (3) |
|  | 08/2025  | $6830 | 49087 | 53 | 0 |
|  | 08/2025  | 922 | 19987 | 32 | 0 |
|  | 08/2025  | 11923 | 1027994 | 46 | (1) |
|  | 08/2025  | 1732 | 55055 | 182 | 0 |
|  | 09/2025  | 30080783 | $22183 | 0 | (155) |
|  | 09/2025  | 12601 | 3427 | 0 | (123) |
|  | 09/2025  | $88 | 46685 | 0 | 0 |
|  | 09/2025  | 8746 | 168463 | 159 | 0 |
|  | 10/2025  | 7412 | $132 | 0 | (12) |
|  | 11/2025  | 54259 | 183 | 0 | (5) |
|  | 12/2025  | 335814 | 3821 | 0 | (64) |
|  | 12/2025  | 1707486 | 457 | 0 | (4) |
|  | 12/2025  | $67 | 35913 | 0 | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 137949 | $25279 | 0 | (112) |
|  | 07/2025  | 25 | 31 | 0 | (1) |
|  | 07/2025  | 299126 | 2055 | 0 | (22) |
|  | 07/2025  | 2362 | 1852 | 0 | (6) |
|  | 07/2025  | $510 | 791 | 10 | 0 |
|  | 07/2025  | 24128 | 137949 | 1262 | 0 |
|  | 07/2025  | 31 | 25 | 0 | 0 |
|  | 07/2025  | 81 | 581 | 0 | 0 |
|  | 07/2025  | 5675 | 814084 | 0 | (22) |
|  | 07/2025  | 1283 | 5401 | 0 | (1) |
|  | 07/2025  | 3240 | 11950 | 74 | 0 |
|  | 07/2025  | 533 | 685 | 6 | 0 |
|  | 08/2025  | 25 | $31 | 0 | 0 |
|  | 08/2025  | $8362 | 59836 | 29 | 0 |
|  | 08/2025  | 4261 | 368536 | 29 | 0 |
|  | 08/2025  | 2055 | 298026 | 22 | 0 |
|  | 08/2025  | 2137 | 2719 | 7 | 0 |
|  | 09/2025  | 79366 | $4170 | 0 | (25) |
|  | 09/2025  | $33534 | 652964 | 983 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 211129 | $38259 | 0 | (601) |
|  | 07/2025  | 77604 | 1310 | 16 | 0 |
|  | 07/2025  | 5815067 | 357 | 0 | (2) |
|  | 07/2025  | 917 | 719 | 0 | (2) |
|  | 07/2025  | 449037 | 13764 | 0 | (48) |
|  | 07/2025  | 4760 | 146 | 0 | (18) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | $38689 | 211129 | 171 | 0 |
|  | 07/2025  | 873 | 6254 | 3 | 0 |
|  | 07/2025  | 116 | 6312 | 10 | 0 |
|  | 07/2025  | 1083 | 17642955 | 5 | 0 |
|  | 07/2025  | 13822 | 450163 | 54 | 0 |
|  | 07/2025  | 1012 | 42049 | 32 | 0 |
|  | 07/2025  | 40902 | $2262 | 0 | (45) |
|  | 08/2025  | 151727 | 2552 | 34 | 0 |
|  | 08/2025  | 1777183 | 5025 | 0 | (199) |
|  | 08/2025  | $68 | 23489 | 1 | 0 |
|  | 08/2025  | 719 | 915 | 2 | 0 |
|  | 08/2025  | 827 | 27145 | 117 | 0 |
|  | 09/2025  | 575738 | $9303 | 94 | (251) |
|  | 09/2025  | 96747 | 22893 | 0 | (128) |
|  | 09/2025  | 884459 | 15135 | 13 | (557) |
|  | 09/2025  | $35621 | 199460 | 530 | 0 |
|  | 09/2025  | 875 | 821432 | 7 | 0 |
|  | 09/2025  | 3206 | 206870 | 197 | 0 |
|  | 09/2025  | 17 | 914 | 1 | 0 |
|  | 10/2025  | 237500 | $39091 | 0 | (3626) |
|  | 11/2025  | 32490 | 538 | 14 | 0 |
|  | 12/2025  | 39814 | 854 | 0 | (15) |
|  | 07/2026  | 277135 | 184 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 36553 | 6426 | 0 | (287) |
|  | 07/2025  | 14273 | 1995 | 0 | (1) |
|  | 07/2025  | 67 | 40 | 0 | (1) |
|  | 07/2025  | 1931 | 1508 | 0 | (11) |
|  | 07/2025  | 7448 | 251 | 0 | (6) |
|  | 07/2025  | $6233 | 36553 | 480 | 0 |
|  | 07/2025  | 891 | 6402 | 3 | 0 |
|  | 07/2025  | 1843 | 13180 | 2 | 0 |
|  | 07/2025  | 3930 | 5384412 | 53 | 0 |
|  | 07/2025  | 21460 | 1198750 | 0 | (181) |
|  | 07/2025  | 15522 | 57886 | 534 | 0 |
|  | 07/2025  | 14136 | 18158 | 145 | 0 |
|  | 07/2025  | 2504 | 81363 | 4 | 0 |
|  | 07/2025  | 4449 | 144691 | 533 | 0 |
|  | 07/2025  | 370 | 6614 | 3 | 0 |
|  | 08/2025  | 991 | $139 | 0 | 0 |
|  | 08/2025  | 13325 | 410 | 0 | (53) |
|  | 08/2025  | $952 | 5223 | 2 | 0 |
|  | 08/2025  | 8626 | 61678 | 23 | 0 |
|  | 08/2025  | 1995 | 14227 | 1 | 0 |
|  | 08/2025  | 2873 | 249074 | 27 | 0 |
|  | 08/2025  | 1508 | 1927 | 11 | 0 |
|  | 08/2025  | 2106 | 68882 | 289 | 0 |
|  | 09/2025  | 12828516 | $3037 | 0 | (70) |
|  | 11/2025  | 2193 | 155 | 0 | (41) |
|  | 11/2025  | 105968 | 358 | 0 | (9) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 273 | 198 | 0 | (2) |
|  | 07/2025  | 452200 | 3152 | 12 | 0 |
|  | 07/2025  | 51473 | 39803 | 0 | (679) |
|  | 07/2025  | $198 | 272 | 2 | 0 |
|  | 07/2025  | 3651 | 3422798 | 23 | 0 |
|  | 07/2025  | 73 | 527 | 1 | 0 |
|  | 07/2025  | 15968 | 13779 | 263 | 0 |
|  | 07/2025  | 2557 | 41462757 | 2 | (2) |
|  | 07/2025  | 249 | 35710 | 0 | (1) |
|  | 07/2025  | 12121 | 676736 | 0 | (108) |
|  | 07/2025  | 6334 | 23717 | 245 | 0 |
|  | 07/2025  | 36732 | 47124 | 330 | 0 |
|  | 07/2025  | 114 | 3802 | 3 | 0 |
|  | 07/2025  | 2416 | 78742 | 295 | 0 |
|  | 08/2025  | 8545 | $1194 | 0 | (4) |
|  | 08/2025  | 22000 | 153 | 0 | 0 |
|  | 08/2025  | 31660 | 973 | 0 | (128) |
|  | 08/2025  | $198 | 272 | 2 | 0 |
|  | 08/2025  | 3123 | 22394 | 17 | 0 |
|  | 08/2025  | 928 | 20102 | 31 | 0 |
|  | 08/2025  | 72 | 3955 | 6 | 0 |
|  | 08/2025  | 468 | 165456 | 18 | 0 |
|  | 08/2025  | 39803 | 51355 | 688 | 0 |
|  | 08/2025  | 3658 | 115762 | 393 | (27) |
|  | 12/2025  | 189500 | $26234 | 0 | (569) |
|  | 02/2026  | 4221 | 1154 | 0 | (104) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 3422798 | 3606 | 0 | (68) |
|  | 07/2025  | 6374 | 891 | 0 | (1) |
|  | 07/2025  | 94674 | 649 | 0 | (8) |
|  | 07/2025  | 1570 | 156 | 0 | 0 |
|  | 07/2025  | $2810 | 405668 | 7 | 0 |
|  | 07/2025  | 919 | 3871 | 0 | 0 |
|  | 07/2025  | 22 | 81 | 1 | 0 |
|  | 07/2025  | 1599 | 2052 | 14 | 0 |
|  | 08/2025  | 347164 | $997 | 0 | (23) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 385853 | 2683 |  | 0 |  | (6) |
|  | 08/2025  | $8519 | 60988 |  | 33 |  | 0 |
|  | 08/2025  | 1279 | 9137 |  | 2 |  | 0 |
|  | 08/2025  | 941 | 20399 |  | 32 |  | 0 |
|  | 08/2025  | 1798 | 634360 |  | 67 |  | 0 |
|  | 08/2025  | 649 | 94326 |  | 8 |  | 0 |
|  | 08/2025  | 156 | 1570 |  | 0 |  | 0 |
|  | 09/2025  | 3662793 | $879 |  | 0 |  | (9) |
|  | 09/2025  | 31739 | 1660 |  | 0 |  | (18) |
|  | 09/2025  | $3606 | 3422798 |  | 68 |  | 0 |
|  | 09/2025  | 805 | 15472 |  | 13 |  | 0 |
|  | 10/2025  | 12900 | $2121 |  | 0 |  | (199) |
|  | 12/2025  | 17764 | 704 |  | 0 |  | (13) |
|  | 10/2026  | $685 | 1226 |  | 4 |  | 0 |
|  | 10/2027  | 1370 | 2521 |  | 0 |  | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 13038 | 212521486 |  | 66 |  | 0 |
|  | 08/2025  | 359 | 14987 |  | 4 |  | 0 |
|  | 09/2025  | 187554 | $3352 |  | 27 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | 5150 | 716 |  | 0 |  | (6) |
|  | 08/2025  | $526 | 185722 |  | 20 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 7529 | $577 |  | 0 |  | (146) |
|  | 07/2025  | 6943 | 1914 |  | 0 |  | (45) |
|  | 07/2025  | 10252 | 7948 |  | 0 |  | (114) |
|  | 07/2025  | 20229 | 695 |  | 0 |  | (2) |
|  | 07/2025  | $3216 | 23066 |  | 12 |  | 0 |
|  | 07/2025  | 5068 | 82579190 |  | 24 |  | 0 |
|  | 07/2025  | 63 | 219 |  | 2 |  | 0 |
|  | 07/2025  | 508 | 73363 |  | 1 |  | 0 |
|  | 07/2025  | 830 | 1137897 |  | 12 |  | 0 |
|  | 07/2025  | 2526 | 9052 |  | 28 |  | 0 |
|  | 07/2025  | 11703 | 381296 |  | 26 |  | 0 |
|  | 07/2025  | 2054 | 61089 |  | 49 |  | 0 |
|  | 08/2025  | 33198 | $4607 |  | 0 |  | (48) |
|  | 08/2025  | 73093 | 508 |  | 0 |  | (1) |
|  | 08/2025  | $16471 | 117736 |  | 39 |  | 0 |
|  | 08/2025  | 3007 | 258183 |  | 0 |  | (2) |
|  | 08/2025  | 7948 | 10229 |  | 116 |  | 0 |
|  | 08/2025  | 4809 | 149809 |  | 399 |  | 0 |
|  | 09/2025  | 934754 | $16758 |  | 187 |  | 0 |
|  | 10/2025  | $412 | 721671 |  | 40 |  | 0 |
|  | 12/2025  | 1707493 | $457 |  | 0 |  | (4) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 5211 | 386 |  | 0 |  | (115) |
|  | 07/2025  | 166021 | 1150 |  | 0 |  | (3) |
|  | 07/2025  | 163 | 16 |  | 0 |  | 0 |
|  | 07/2025  | $817 | 5844 |  | 0 |  | (1) |
|  | 07/2025  | 6818 | 29913 |  | 111 |  | 0 |
|  | 08/2025  | 46660 | $129 |  | 0 |  | (9) |
|  | 08/2025  | $17 | 1488 |  | 0 |  | 0 |
|  | 08/2025  | 1150 | 165411 |  | 3 |  | 0 |
|  | 08/2025  | 16 | 163 |  | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 2276 | $3082 |  | 0 |  | (42) |
|  | 07/2025  | 2379945 | 1758 |  | 0 |  | (2) |
|  | 07/2025  | $1154 | 6496 |  | 42 |  | 0 |
|  | 07/2025  | 401 | 548420 |  | 5 |  | 0 |
|  | 08/2025  | 5802 | 170179 |  | 114 |  | 0 |
|  | 11/2025  | 416 | 1536 |  | 16 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 2654930 | $2828 |  | 0 |  | (22) |
|  | 07/2025  | 7 | 2 |  | 0 |  | 0 |
|  | 07/2025  | $1539 | 1439933 |  | 7 |  | 0 |
|  | 07/2025  | 608 | 2183 |  | 40 |  | 0 |
|  | 07/2025  | 83 | 11999 |  | 0 |  | 0 |
|  | 07/2025  | 154 | 1568 |  | 1 |  | 0 |
|  | 07/2025  | 5164 | 22689 |  | 92 |  | 0 |
|  | 08/2025  | 152 | $21 |  | 0 |  | 0 |
|  | 08/2025  | $482 | 3499 |  | 9 |  | 0 |
|  | 08/2025  | 739 | 63322 |  | 0 |  | (2) |
|  | 08/2025  | 290 | 12887 |  | 21 |  | 0 |
|  | 08/2025  | 1055 | 34747 |  | 153 |  | 0 |
|  | 09/2025  | 6934125 | $1681 |  | 2 |  | 0 |
|  | 09/2025  | 71605 | 3694 |  | 0 |  | (91) |
|  | 09/2025  | $5278 | 21819771 |  | 8 |  | 0 |
|  | 11/2025  | 112 | 5288 |  | 6 |  | 0 |
|  | 12/2025  | 704 | 17763 |  | 12 |  | 0 |
|  | 01/2026  | $1536 | 73225 |  | 27 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**20223** | **20223** | $**(21434)** | **(21434)** |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 30 | 66 | 85 | 86 | 96 | 108 | 112 | 138 | 164 | 202 |
| **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** | **PURCHASED** **OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description |  |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Cost | Market<br>Value |
| BOA | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | 24.650 | 24.650 | 03/11/2026 | 4258 | $29 | $30 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | 399.000 | 399.000 | 08/27/2025 | 3535 | 16 | 22 |
|  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | COP | COP | 3825.000 | 3825.000 | 08/29/2025 | 378 | 39 | 27 |
| GLM | Put - OTC USD versus JPY  | Put - OTC USD versus JPY  | JPY | JPY | 135.000 | 135.000 | 08/19/2025 | 2374 | 211 | 167 |
|  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | MXN | MXN | 18.500 | 18.500 | 07/10/2025 | 340 | 66 | 46 |
| JPM | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  |  |  | 19.250 | 19.250 | 11/19/2025 | 7942 | 149 | 257 |
|  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | ZAR | ZAR | 17.650 | 17.650 | 08/08/2025 | 7045 | 102 | 84 |
| MYI | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | 24.750 | 24.750 | 12/09/2025 | 4007 | 24 | 30 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  | 24.700 | 24.700 | 12/16/2025 | 2788 | 18 | 18 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | 399.000 | 399.000 | 08/27/2025 | 3305 | 15 | 20 |
|  | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | BRL | BRL | 5.660 | 5.660 | 08/27/2025 | 7763 | 139 | 289 |
|  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | COP | COP | 3825.000 | 3825.000 | 09/04/2025 | 374 | 36 | 29 |
|  | Call - OTC USD versus ILS  | Call - OTC USD versus ILS  | ILS | ILS | 3.880 | 3.880 | 09/04/2025 | 270 | 32 | 3 |
|  |  |  |  |  |  |  |  |  | $876 | $1022 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Cost | Market<br>Value |
| DUB | 6-Month ILS-TELBOR | Pay | Pay | 3.850% | 3.850% | 07/10/2025 | 07/10/2025 | 17300 | $30 | $21 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**906** | $**1043** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description |  |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| GLM | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | TRY | 39.300 | 39.300 | 07/15/2025 | 4294 | $(92) | $(1) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 45.800 | 45.800 | 07/15/2025 | 4294 | (54) | (8) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 53.500 | 53.500 | 12/11/2025 | 7423 | (241) | (201) |
| JPM | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | MXN | MXN | 18.250 | 18.250 | 11/19/2025 | 7942 | (38) | (64) |
|  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | ZAR | ZAR | 17.250 | 17.250 | 08/08/2025 | 14090 | (88) | (59) |
| MYI | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | BRL | BRL | 5.400 | 5.400 | 08/27/2025 | 7763 | (40) | (75) |
|  | Call - OTC USD versus BRL  | Call - OTC USD versus BRL  |  |  | 6.050 | 6.050 | 08/27/2025 | 7763 | (102) | (18) |
| UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | TRY | 39.750 | 39.750 | 08/11/2025 | 638 | (20) | 0 |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 51.750 | 51.750 | 08/11/2025 | 638 | (14) | (3) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  | 40.575 | 40.575 | 08/19/2025 | 938 | (33) | (5) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 52.725 | 52.725 | 08/19/2025 | 938 | (20) | (5) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  | 41.600 | 41.600 | 11/12/2025 | 660 | (25) | (3) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 56.900 | 56.900 | 11/12/2025 | 660 | (18) | (12) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  | 42.635 | 42.635 | 01/07/2026 | 3085 | (105) | (23) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 56.750 | 56.750 | 01/07/2026 | 3085 | (70) | (91) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  | 42.800 | 42.800 | 01/08/2026 | 4768 | (163) | (40) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 56.750 | 56.750 | 01/08/2026 | 4768 | (109) | (141) |
|  |  |  |  |  |  |  |  |  | $(1232) | $(749) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | 3-Month ZAR-JIBAR | Receive | Receive | 7.270% | 7.270% | 08/26/2025 | 08/26/2025 | 80000 | $(19) | $(20) |
| DUB | 6-Month ILS-TELBOR | Receive | Receive | 3.550 | 3.550 | 07/04/2025 | 07/04/2025 | 33500 | (24) | 0 |
|  | 6-Month ILS-TELBOR | Receive | Receive | 3.550 | 3.550 | 07/10/2025 | 07/10/2025 | 17300 | (10) | (1) |
| MYC | 3-Month ZAR-JIBAR | Receive | Receive | 7.430 | 7.430 | 09/22/2025 | 09/22/2025 | 83762 | (26) | (42) |
|  |  |  |  |  |  |  |  |  | $(79) | $(63) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(1311)** | $**(812)** |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 5 | 7 | 18 | 32 | 34 | 47 | 52 | 69 | 74 | 80 | 88 | 121 | 143 | 158 | 166 | 185 | 191 | 205 | 215 |
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000)% | (1.000)% | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | 1.179% | $4600 | $107 | 107 | $(78) | (78) | $29 | 29 | $0 |
|  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 1.344 | 1900 | 57 | 57 | (31) | (31) | 26 | 26 | 0 |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.482 | 100 | (2) | (2) | 0 | 0 | 0 | 0 | (2) |
| BRC | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 1.344 | 1700 | 53 | 53 | (30) | (30) | 23 | 23 | 0 |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 12/20/2028 | 0.375 | 1200 | (24) | (24) | (1) | (1) | 0 | 0 | (25) |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.482 | 600 | (12) | (12) | (1) | (1) | 0 | 0 | (13) |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2033 | 12/20/2033 | 12/20/2033 | 0.988 | 4100 | (10) | (10) | 5 | 5 | 0 | 0 | (5) |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2034 | 06/20/2034 | 06/20/2034 | 1.021 | 1200 | (10) | (10) | 11 | 11 | 1 | 1 | 0 |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 12/20/2034 | 12/20/2034 | 12/20/2034 | 1.050 | 1110 | (4) | (4) | 8 | 8 | 4 | 4 | 0 |
| GST | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | 1.179 | 1900 | 43 | 43 | (31) | (31) | 12 | 12 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $198 | 198 | $(148) | (148) | $95 | 95 | $(45) |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | 1.000% | 1.000% | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.747% | $100 | $1 | 1 | $0 | 0 | $1 | 1 | $0 |
| BPS | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.291 | 1350 | 7 | 7 | (2) | (2) | 5 | 5 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 | 0.620 | 600 | 1 | 1 | 5 | 5 | 6 | 6 | 0 |
|  | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.758 | 2150 | 3 | 3 | 0 | 0 | 3 | 3 | 0 |
| BRC | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.747 | 600 | 4 | 4 | 3 | 3 | 7 | 7 | 0 |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.684 | 9600 | 135 | 135 | 6 | 6 | 141 | 141 | 0 |
|  | South Korea Government International Bond  | South Korea Government International Bond  | South Korea Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.174 | 1100 | 7 | 7 | (2) | (2) | 5 | 5 | 0 |
| CBK | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 0.603 | 3700 | (21) | (21) | 50 | 50 | 29 | 29 | 0 |
|  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.908 | 50 | (1) | (1) | 1 | 1 | 0 | 0 | 0 |
| GST | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.425 | 2400 | 3 | 3 | 4 | 4 | 7 | 7 | 0 |
|  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.498 | 400 | 0 | 0 | 2 | 2 | 2 | 2 | 0 |
| JPM | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.908 | 75 | (1) | (1) | 1 | 1 | 0 | 0 | 0 |
|  | State Oil Company of Azerbaijan  | State Oil Company of Azerbaijan  | State Oil Company of Azerbaijan  | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 1.958 | 200 | 2 | 2 | 4 | 4 | 6 | 6 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $140 | 140 | $72 | 72 | $212 | 212 | $0 |
| **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Receive | Pay | Pay | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date<sup>(7)</sup> | Maturity<br>Date<sup>(7)</sup> |  | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Delivered | Upfront <br>Payable/<br>(Receivable) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset |  | Liability |
| &nbsp;&nbsp; DUB | &nbsp;&nbsp; DUB | Floating rate equal to 1-Day KRW-SOFR less 0.510% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2028 | 09/17/2028 | KRW | 1543340 | 1543340 | 1132 | 0 | $ | 0 | $ | 0 | $ | 0 |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Floating rate equal to 1-Day INR-SOFR Compounded-OIS plus 0.639% based on the notional amount of currency received  | Floating rate equal to 1-Day INR-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day INR-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | INR | 100970 | 100970 | 1167 | 16 |  | 7 |  | 23 |  | 0 |
|  |  | Floating rate equal to 1-Day KRW-SOFR less 0.500% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2028 | 09/17/2028 | KRW | 3571130 | 3571130 | 2634 | (14) |  | 1 |  | 0 |  | (13) |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 7 | 16 | 18 | 34 | 51 | 56 | 69 | 71 | 80 | 89 | 102 | 105 | 115 | 116 | 144 | 158 | 167 | 185 | 192 | 205 | 216 |
|  |  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 09/17/2030 | $4875 | 4875 | PHP | PHP | PHP | 280658 | (14) |  | (53) |  | 0 |  | (67) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 09/17/2030 | 256 | 256 |  |  |  | 14700 | 0 |  | (3) |  | 0 |  | (3) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (12) | $ | (48) | $ | 23 | $ | (83) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.868% | 3.868% | Quarterly | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | MYR | 5658 | 5658 | $12 | 12 | $21 | 21 | $33 | 33 | $0 |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Receive | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | Quarterly | 03/18/2031 | 03/18/2031 | CNY | 6760 | 6760 | (3) | (3) | 2 | 2 | 0 | 0 | (1) |
|  |  | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | Quarterly | 09/18/2026 | 09/18/2026 | MYR | 53630 | 53630 | 0 | 0 | 47 | 47 | 47 | 47 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | Quarterly | 06/18/2030 | 06/18/2030 |  | 16860 | 16860 | (37) | (37) | (20) | (20) | 0 | 0 | (57) |
|  |  | Pay | 3-Month MYR-KLIBOR<sup>(8)</sup> | 3-Month MYR-KLIBOR<sup>(8)</sup> | 3-Month MYR-KLIBOR<sup>(8)</sup> | 3.500 | 3.500 | Quarterly | Quarterly | Quarterly | 09/17/2030 | 09/17/2030 |  | 13840 | 13840 | 49 | 49 | (2) | (2) | 47 | 47 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | Quarterly | 09/18/2034 | 09/18/2034 |  | 9780 | 9780 | (37) | (37) | (30) | (30) | 0 | 0 | (67) |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Receive | 3-Month MYR-KLIBOR<sup>(8)</sup> | 3-Month MYR-KLIBOR<sup>(8)</sup> | 3-Month MYR-KLIBOR<sup>(8)</sup> | 3.500 | 3.500 | Quarterly | Quarterly | Quarterly | 09/17/2030 | 09/17/2030 |  | 106190 | 106190 | (306) | (306) | (56) | (56) | 0 | 0 | (362) |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 1-Year BRL-CDI | 7.728 | 7.728 | Maturity | Maturity | Maturity | 01/04/2027 | 01/04/2027 | BRL | 21000 | 21000 | 0 | 0 | (494) | (494) | 0 | 0 | (494) |
|  |  | Pay | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.265 | 3.265 | Semi-Annual | Semi-Annual | Semi-Annual | 06/14/2029 | 06/14/2029 | CLP | 473800 | 473800 | 0 | 0 | (24) | (24) | 0 | 0 | (24) |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.868 | 3.868 | Quarterly | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | MYR | 26200 | 26200 | 93 | 93 | 60 | 60 | 153 | 153 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (229) | (229) | (496) | (496) | 280 | 280 | (1005) |
| **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<br>Volatility | Reference Entity | Reference Entity | Reference Entity | Volatility<br>Strike | Volatility<br>Strike | Volatility<br>Strike | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Pay | USD versus CNH 1-Year ATM Realized Volatility  | USD versus CNH 1-Year ATM Realized Volatility  | USD versus CNH 1-Year ATM Realized Volatility  |  | 6.850% | 6.850% | Maturity | Maturity | 09/11/2025 | 09/11/2025 | 09/11/2025 | $26 | 26 | $0 | 0 | $69 | 69 | $69 | 69 | $0 |
|  |  | Pay | USD versus CNH 1-Year ATM Realized Volatility  | USD versus CNH 1-Year ATM Realized Volatility  | USD versus CNH 1-Year ATM Realized Volatility  |  | 7.000 | 7.000 | Maturity | Maturity | 12/11/2025 | 12/11/2025 | 12/11/2025 | 26 | 26 | 0 | 0 | 64 | 64 | 64 | 64 | 0 |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Receive | USD versus INR 1-Year ATM Realized Volatility  | USD versus INR 1-Year ATM Realized Volatility  | USD versus INR 1-Year ATM Realized Volatility  |  | 3.600 | 3.600 | Maturity | Maturity | 11/24/2025 | 11/24/2025 | 11/24/2025 | 14 | 14 | 0 | 0 | (20) | (20) | 0 | 0 | (20) |
|  |  | Receive | USD versus INR 1-Year ATM Realized Volatility  | USD versus INR 1-Year ATM Realized Volatility  | USD versus INR 1-Year ATM Realized Volatility  |  | 3.725 | 3.725 | Maturity | Maturity | 11/26/2025 | 11/26/2025 | 11/26/2025 | 8 | 8 | 0 | 0 | (9) | (9) | 0 | 0 | (9) |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Receive | USD versus INR 1-Year ATM Realized Volatility  | USD versus INR 1-Year ATM Realized Volatility  | USD versus INR 1-Year ATM Realized Volatility  |  | 3.450 | 3.450 | Maturity | Maturity | 11/21/2025 | 11/21/2025 | 11/21/2025 | 9 | 9 | 0 | 0 | (13) | (13) | 0 | 0 | (13) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $0 | 0 | $91 | 91 | $133 | 133 | $(42) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **97** | **97** | **(529)** | **(529)** | **743** | **743** | **(1175)** |
| **(o)** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $9,917 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>7)</sup> | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. |
| <sup>(8)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Azerbaijan | Azerbaijan | Azerbaijan |
| Corporate Bonds & Notes | $4449 | $4449 |
| Brazil | Brazil | Brazil |
| Corporate Bonds & Notes | 3984 | 3984 |
| Loan Participations and Assignments | 0 | 26 |
| Sovereign Issues | 112621 | 112621 |
| Cayman Islands | Cayman Islands | Cayman Islands |
| Corporate Bonds & Notes | 831 | 831 |
| Loan Participations and Assignments | 0 | 1392 |
| Chile | Chile | Chile |
| Sovereign Issues | 12091 | 12091 |
| China | China | China |
| Sovereign Issues | 586 | 586 |
| Colombia | Colombia | Colombia |
| Sovereign Issues | 10677 | 10677 |
| Czech Republic | Czech Republic | Czech Republic |
| Corporate Bonds & Notes | 2112 | 2112 |
| Sovereign Issues | 3297 | 3297 |
| Dominican Republic | Dominican Republic | Dominican Republic |
| Sovereign Issues | 24691 | 24691 |
| Ecuador | Ecuador | Ecuador |
| Sovereign Issues | 1859 | 1859 |
| Egypt | Egypt | Egypt |
| Sovereign Issues | 12304 | 12304 |
| France | France | France |
| Corporate Bonds & Notes | 232 | 232 |
| Germany | Germany | Germany |
| Corporate Bonds & Notes | 0 | 3930 |
| Loan Participations and Assignments | 2199 | 2199 |
| Ghana | Ghana | Ghana |
| Sovereign Issues | 2201 | 2201 |
| Hungary | Hungary | Hungary |
| Sovereign Issues | 2524 | 2524 |
| Indonesia | Indonesia | Indonesia |
| Sovereign Issues | 352 | 352 |
| Ireland | Ireland | Ireland |
| Asset-Backed Securities | 838 | 838 |
| Corporate Bonds & Notes | 654 | 654 |
| Loan Participations and Assignments | 0 | 3085 |
| Israel | Israel | Israel |
| Sovereign Issues | 38690 | 38690 |
| Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | 0 | 3169 |
| Sovereign Issues | 638 | 638 |
| Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands |
| Corporate Bonds & Notes | 74 | 74 |
| Kazakhstan | Kazakhstan | Kazakhstan |
| Sovereign Issues | 785 | 785 |
| Luxembourg | Luxembourg | Luxembourg |
| Corporate Bonds & Notes | 994 | 994 |
| Malaysia | Malaysia | Malaysia |
| Sovereign Issues | 51368 | 51368 |
| Mexico | Mexico | Mexico |
| Sovereign Issues | 31800 | 31800 |
| Namibia | Namibia | Namibia |
| Sovereign Issues | 3177 | 3177 |
| Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | 3194 | 3194 |
| Loan Participations and Assignments | 0 | 1400 |
| Paraguay | Paraguay | Paraguay |
| Sovereign Issues | 3071 | 3071 |
| Peru | Peru | Peru |
| Corporate Bonds & Notes | 5249 | 6693 |
| Sovereign Issues | 10947 | 10947 |
| Philippines | Philippines | Philippines |
| Sovereign Issues | 15750 | 15750 |
| Poland | Poland | Poland |
| Sovereign Issues | 12570 | 12570 |
| Qatar | Qatar | Qatar |
| Corporate Bonds & Notes | 772 | 772 |
| Romania | Romania | Romania |
| Sovereign Issues | 507 | 507 |
| Serbia | Serbia | Serbia |
| Loan Participations and Assignments | 1165 | 1165 |
| Sovereign Issues | 1870 | 1870 |
| Singapore | Singapore | Singapore |
| Corporate Bonds & Notes | 624 | 624 |
| South Africa | South Africa | South Africa |
| Corporate Bonds & Notes | 798 | 798 |
| Loan Participations and Assignments | 0 | 1244 |
| Sovereign Issues | 32224 | 32224 |
| South Korea | South Korea | South Korea |
| Sovereign Issues | 22140 | 22140 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 12 | 49 | 73 | 81 | 91 | 97 | 107 | 120 | 139 | 161 | 172 | 189 | 213 |
| Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 0 | 20568 | 20568 | 0 |  | 20568 |  |
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 0 | 2940 | 2940 | 1182 |  | 4122 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 12154 | 12154 | 0 |  | 12154 |  |
| Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 2265 | 2265 | 0 |  | 2265 |  |
| Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 836 | 836 | 0 |  | 836 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 0 | 4768 | 4768 | 977 |  | 5745 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 0 | 2640 | 2640 | 0 |  | 2640 |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 | 0 | 5542 | 5542 | 0 |  | 5542 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 0 | 3953 | 3953 | 800 |  | 4753 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 4070 | 4070 | 0 |  | 4070 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 0 | 2452 | 2452 | 0 |  | 2452 |  |
| Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 0 | 1771 | 1771 | 0 |  | 1771 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 331 | 331 | 0 |  | 331 |  |
| Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 346 | 346 | 0 |  | 346 |  |
| Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 0 | 935 | 935 | 0 |  | 935 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 0 | 3963 | 3963 | 0 |  | 3963 |  |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 | 0 | 149700 | 149700 | 0 |  | 149700 |  |
| Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | Hungary Treasury Bills | 0 | 0 | 0 | 0 | 17854 | 17854 | 0 |  | 17854 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 0 | 0 | 17985 | 17985 | 0 |  | 17985 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 0 | 12515 | 12515 | 0 |  | 12515 |  |
|  |  |  |  | $0 | 0 | 0 | 0 | $704497 | 704497 | 18649 | $ | 723146 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $78116 | 78116 | 78116 | 78116 | $0 | 0 | 0 | $ | 78116 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | $78116 | 78116 | 78116 | 78116 | $704497 | 704497 | 18649 | $ | 801262 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 0 | 1138 | 1138 | 0 |  | 1138 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 0 | 22009 | 22009 | 0 |  | 22009 |  |
|  |  |  |  | $0 | 0 | 0 | 0 | $23147 | 23147 | 0 | $ | 23147 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 0 | (1168) | (1168) | 0 |  | (1168) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 0 | (23421) | (23421) | 0 |  | (23421) |  |
|  |  |  |  | $0 | 0 | 0 | 0 | $(24589) | (24589) | 0 | $ | (24589) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | 0 | $(1442) | (1442) | 0 | $ | (1442) |  |
| Totals | Totals | Totals | Totals | $78116 | 78116 | 78116 | 78116 | $703055 | 703055 | 18649 | $ | 799820 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Sales/Settlements  | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Brazil |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | $26 | $0 | $ | 20 | $ | $0 | $ | (20) | $0 | $0 | 0 | $26 | $(20) |
| Cayman Islands<sup>(2)</sup> |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | 1367 | 0 |  | 0 |  | 0 |  | 25 | 0 | 0 | 0 | 1392 | 25 |
| Germany |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | 3904 | 0 |  | 0 |  | 0 |  | 26 | 0 | 0 | 0 | 3930 | 26 |
| Ireland |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | 2806 | 0 |  | 1 |  | 0 |  | 278 | 0 | 0 | 0 | 3085 | 278 |
| Ivory Coast |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | 3724 | (874) |  | 2 |  | (26) |  | 343 | 0 | 0 | 0 | 3169 | 269 |

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<br> Schedule of Investments PIMCO Emerging Markets Currency and Short-Term Investments Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 3 | 11 | 12 | 29 | 40 | 44 | 49 | 79 | 97 | 114 | 139 | 173 | 189 | 209 | 213 |
| Netherlands | Netherlands |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments |  | 1379 | 0 |  |  | 0 | 2 | 0 | 19 | 0 | 0 | 1400 |  | 19 |
| Peru | Peru |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  | 0 | 1350 |  |  | 0 | 0 | 0 | 94 | 0 | 0 | 1444 |  | 94 |
| South Africa | South Africa |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments |  | 1199 | 0 |  |  | 0 | 1 | 0 | 44 | 0 | 0 | 1244 |  | 44 |
| Turkey | Turkey |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments |  | 1073 | 0 |  |  | 0 | 0 | 0 | 109 | 0 | 0 | 1182 |  | 109 |
| United Kingdom | United Kingdom |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  | 1924 | 0 |  |  | (1042) | 73 | (14) | 36 | 0 | 0 | 977 |  | (32) |
| United States | United States |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities |  | 783 | 0 |  |  | 0 | 0 | 0 | 17 | 0 | 0 | 800 |  | 17 |
| Totals | Totals | $18185 | 18185 | 1350 | $ | $ | $(1916) | $99 | $(40) | $971 | $0 | 0 | 18649 | $ | 829 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $26 | 26 | 26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |  |  |  |  |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 1392 | 1392 | 1392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.800 | 6.800 |  |  |
| Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 3930 | 3930 | 3930 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.297 | 7.297 |  |  |
| Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 3085 | 3085 | 3085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 | 3.327 |  |  |
| Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 3169 | 3169 | 3169 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.258 | 6.258 |  |  |
| Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 1400 | 1400 | 1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.815 | 7.815 |  |  |
| Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 1444 | 1444 | 1444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 104.175 | 104.175 |  |  |
| South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 1244 | 1244 | 1244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 11.518 | 11.518 |  |  |
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 1182 | 1182 | 1182 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.706 | 4.706 |  |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 977 | 977 | 977 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — |  |  |  |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 800 | 800 | 800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.573 | 6.573 |  |  |
| Total | Total | Total | Total | $18649 | 18649 | 18649 |  |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(2)</sup> | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. | Country type updated from United States to Cayman Islands since prior fiscal year end. |
| <sup>(3)</sup> | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. |

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<br> Schedule of Investments PIMCO Emerging Markets Full Spectrum Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 4.3% ¤** |  |  |
| **CAYMAN ISLANDS 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **CIFI Holdings Group Co. Ltd.** <br>4.375% due 04/12/2027 ^(b) | $500 | $47 |
| **Poinsettia Finance Ltd.** <br>6.625% due 06/17/2031 | 604 | 566 |
| **Sunac China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2025 ^(a)(b) | 69 | 8 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2026 ^(a)(b) | 69 | 9 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(a)(b) | 139 | 17 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(a)(b) | 209 | 26 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(a)(b) | 209 | 26 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(a)(b) | 99 | 12 |
| Total Cayman Islands (Cost $1,277) |  | 711 |
| **PERU 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Peru Government International Bond** <br>6.950% due 08/12/2031 | 1761 | 541 |
| Total Peru (Cost $497) |  | 541 |
| **UNITED STATES 3.3%**  |  |  |
| **U.S. GOVERNMENT AGENCIES 3.3%**  |  |  |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 07/01/2055 | $1600 | 1488 |
| 4.500% due 08/01/2055 | 1600 | 1530 |
| 5.000% due 08/01/2055 | 1700 | 1665 |
| 5.500% due 08/01/2055 | 2000 | 1998 |
|  |  | 6681 |
| Total United States (Cost $6,579) |  | 6681 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.3%**  |  |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (d) | 499127 | 499 |
| Total Short-Term Instruments (Cost $499) |  | 499 |
| Total Investments in Securities (Cost $8,852) |  | 8432 |
| **INVESTMENTS IN AFFILIATES 98.6%**  |  |  |
| **UNITED STATES 96.0%**  |  |  |
| **MUTUAL FUNDS (c) 96.0%**  |  |  |
| **PIMCO Emerging Markets Bond Fund**  | 5430391 | 46973 |
| **PIMCO Emerging Markets Corporate Bond Fund**  | 4959744 | 45580 |

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<br> Schedule of Investments PIMCO Emerging Markets Full Spectrum Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **PIMCO** **Emerging Markets Local Currency and Bond Fund**  | 16263686 | 99859 |
|  |  | 192412 |
| Total United States (Cost $186,009) |  | 192412 |
| **SHORT-TERM INSTRUMENTS 2.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 2.6%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 539370 | 5252 |
| Total Short-Term Instruments (Cost $5,250) |  | 5252 |
| Total Investments in Affiliates (Cost $191,259) |  | 197664 |
| Total Investments 102.9% (Cost $200,111) |  | $206096 |
| **Financial Derivative Instruments (e)(f) 0.0**%(Cost or Premiums, net $76) |  | 3 |
| Other Assets and Liabilities, net (2.9)% |  | (5760) |
| Net Assets 100.0% |  | $200339 |

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<br> Schedule of Investments PIMCO Emerging Markets Full Spectrum Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **(a)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** |
| **(d)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(e)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset |  | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 117 | $ | 13119 | $223 | 223 | 223 | 37 | 37 | 37 | $ | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **223** | **223** | **223** | **37** | **37** | **37** | **$** | **0** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Asset | Liability |
| Receive | 1-Day USD-SOFR Compounded-OIS | Annual | 12/20/2030 | 12/20/2030 | 6400 | 6400 | 161 | (147) | (147) | $14 | 14 | $0 | 0 | 0 | (12) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **161** | **(147)** | **(147)** | **14** | **$** | **0** | **0** | **$** | **(12)** |
| **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $705 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 09/2025  | $ | $27 | 27 | 27 | 99 | 99 | 99 | 1 | 1 | 1 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 09/2025  | PEN | 2385 | 2385 | 2385 | 651 | 651 | 651 | 0 | 0 | 0 | 0 | (21) | (21) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | $ | $14 | 14 | 14 | 51 | 51 | 51 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  | 08/2025  |  | 41 | 41 | 41 | 148 | 148 | 148 | 1 | 1 | 1 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | &nbsp;&nbsp;&nbsp;&nbsp; FAR | 09/2025  |  | 22 | 22 | 22 | 78 | 78 | 78 | 0 | 0 | 0 | 0 | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | **2** | **2** | **2** | **$** | **(21)** | **(21)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> |  | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Liability |
| BPS | Brazil Government International Bond  | Brazil Government International Bond  | 1.000% | Quarterly | 12/20/2028 | 1.059% | 1.059% | 2000 | $ | (85) | 82 | 82 | $ | 0 | $(3) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(85)** | **82** | **82** | **$** | **0** | $**(3)** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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<br> Schedule of Investments PIMCO Emerging Markets Full Spectrum Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |
| Corporate Bonds & Notes | Corporate Bonds & Notes | $0 | $711 | $0 | $711 |
| Peru | Peru | Peru | Peru | Peru | Peru |
| Sovereign Issues | Sovereign Issues | 0 | 541 | 0 | 541 |
| United States | United States | United States | United States | United States | United States |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 6681 | 0 | 6681 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 0 | 499 | 0 | 499 |
|  |  | $0 | $8432 | $0 | $8432 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| United States | United States | United States | United States | United States | United States |
| Mutual Funds | Mutual Funds | 192412 | 0 | 0 | 192412 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | 5252 | 0 | 0 | 5252 |
|  |  | $197664 | $0 | $0 | $197664 |
| Total Investments | Total Investments | $197664 | $8432 | $0 | $206096 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 37 | 0 | 37 |
| Over the counter | Over the counter | 0 | 2 | 0 | 2 |
|  |  | $0 | $39 | $0 | $39 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | (12) | 0 | (12) |
| Over the counter | Over the counter | 0 | (24) | 0 | (24) |
|  |  | $0 | $(36) | $0 | $(36) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | $3 | $0 | $3 |
| Totals | Totals | $197664 | $8435 | $0 | $206099 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 98.2% ¤** |  |  |
| **ANGOLA 0.2%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Finance Ministry Angola**<br>13.500% (PRIME + 6.000%) due 12/11/2025 «~ | $3900 | $3902 |
| Total Angola (Cost $3,900) |  | 3902 |
| **AZERBAIJAN 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **SOCAR Turkey Enerji AS via Steas Funding 1 DAC** <br>7.230% due 03/17/2026 | $1400 | 1391 |
| Total Azerbaijan (Cost $1,400) |  | 1391 |
| **BRAZIL 5.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Banco do Brasil SA** <br>8.500% due 07/29/2026 | 135000 | 7218 |
| **Vale SA** <br>0.000% due 12/29/2049 ~ (i) | 114743 | 7241 |
|  |  | 14459 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.0%**  |  |  |
| **Oi SA**<br>TBD% due 12/30/2050 « | $6394 | 64 |
| **SOVEREIGN ISSUES 4.7%**  |  |  |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 10/01/2025  | 189200 | 33590 |
| 0.000% due 07/01/2026 (f) | 2600 | 417 |
| 0.000% due 07/01/2028 (f) | 83000 | 10571 |
| **Brazil Notas do Tesouro Nacional**  |  |  |
| 10.000% due 01/01/2027  | 84700 | 14797 |
| 10.000% due 01/01/2029  | 86700 | 14645 |
| 10.000% due 01/01/2031  | 105200 | 16985 |
| 10.000% due 01/01/2033  | 1300 | 203 |
| 10.000% due 01/01/2035  | 43800 | 6647 |
|  |  | 97855 |
| Total Brazil (Cost $114,233) |  | 112378 |
| **CAYMAN ISLANDS 0.7%**  |  |  |
| **ASSET-BACKED SECURITIES 0.2%**  |  |  |
| **LCM Ltd.** <br>5.611% due 04/20/2031 •  | $940 | 942 |
| **Venture CLO Ltd.** <br>5.664% due 04/20/2032 •  | 2752 | 2755 |
| **Voya CLO Ltd.** <br>5.491% due 04/17/2030 •  | 308 | 308 |
|  |  | 4005 |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Fish Pond Re Ltd.** <br>8.328% due 01/08/2027 ~ | 550 | 560 |
| **Interoceanica Finance Ltd.** <br>0.000% due 11/30/2025 (f) | 40 | 39 |
| **Kaisa Group Holdings Ltd.**  |  |  |
| 11.250% due 04/16/2049 ^(c)  | 300 | 14 |
| 11.700% due 11/11/2025 ^(c)  | 4200 | 189 |
| **Peru Payroll Deduction Finance Ltd.** <br>0.000% due 11/01/2029 «(f) | 1230 | 1074 |
| **Poinsettia Finance Ltd.** <br>6.625% due 06/17/2031 | 2643 | 2475 |
| **Red Dorsal Finance Ltd.** <br>5.875% due 10/12/2031 | 1382 | 1370 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | |
|:---|:---|:---|:---|
| 0 | 158 | 165 | 206 |
| **Sunac** **China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(b)(c) |  | 138 | 17 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2027 ^(b)(c) |  | 139 | 17 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(b)(c) |  | 278 | 35 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(b)(c) |  | 418 | 52 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(b)(c) |  | 419 | 52 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(b)(c) |  | 197 | 24 |
|  |  |  | 5918 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |  |
| **Ziraat**<br>7.418% (TSFR3M + 3.100%) due 06/15/2034 « |  | 4300 | 4275 |
| Total Cayman Islands (Cost $16,079) |  |  | 14198 |
| **CHILE 2.5%**  |  |  |  |
| **SOVEREIGN ISSUES 2.5%**  |  |  |  |
| **Bonos de la Tesoreria de la Republica en pesos**  |  |  |  |
| 4.700% due 09/01/2030  | CLP | 30610000 | 31813 |
| 5.000% due 10/01/2028  |  | 1670000 | 1791 |
| 5.000% due 03/01/2035  |  | 2910000 | 2985 |
| 5.800% due 10/01/2029  |  | 2585000 | 2826 |
| 6.000% due 04/01/2033  |  | 10330000 | 11356 |
| Total Chile (Cost $50,465) |  |  | 50771 |
| **CHINA 2.0%**  |  |  |  |
| **SOVEREIGN ISSUES 2.0%**  |  |  |  |
| **China Government International Bond**  |  |  |  |
| 2.190% due 09/25/2054  | CNY | 70800 | 10468 |
| 2.270% due 05/25/2034  |  | 48520 | 7092 |
| 2.600% due 09/01/2032  |  | 14730 | 2194 |
| 2.750% due 02/17/2032  |  | 15980 | 2389 |
| 2.800% due 11/15/2032  |  | 59300 | 8956 |
| 3.120% due 10/25/2052  |  | 5900 | 1029 |
| 3.810% due 09/14/2050  |  | 48180 | 9213 |
| Total China (Cost $38,843) |  |  | 41341 |
| **COLOMBIA 4.3%**  |  |  |  |
| **SOVEREIGN ISSUES 4.3%**  |  |  |  |
| **Colombian TES**  |  |  |  |
| 6.250% due 07/09/2036  | COP | 46286900 | 7322 |
| 7.000% due 06/30/2032  |  | 7951500 | 1493 |
| 7.250% due 10/26/2050  |  | 1200400 | 177 |
| 11.000% due 08/22/2029  |  | 44058000 | 10765 |
| 11.500% due 07/25/2046  |  | 72450600 | 16044 |
| 12.750% due 11/28/2040  |  | 35606800 | 8678 |
| 13.250% due 02/09/2033  |  | 173693400 | 44516 |
| Total Colombia (Cost $86,670) |  |  | 88995 |
| **CZECH REPUBLIC 4.4%**  |  |  |  |
| **SOVEREIGN ISSUES 4.4%**  |  |  |  |
| **Czech Republic Government International Bond**  |  |  |  |
| 1.750% due 06/23/2032 (l)  | CZK | 100500 | 4160 |
| 2.000% due 10/13/2033 (l)  |  | 60900 | 2477 |
| 3.500% due 05/30/2035  |  | 73700 | 3309 |
| 3.600% due 06/03/2036  |  | 82500 | 3696 |
| 4.200% due 12/04/2036 (l)  |  | 85700 | 4023 |
| 4.500% due 11/11/2032 (l)  |  | 923870 | 45326 |
| 4.900% due 04/14/2034 (l)  |  | 169390 | 8509 |
| 5.000% due 09/30/2030  |  | 393900 | 19832 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| Total Czech Republic (Cost $84,661) |  | 91332 |
| **DENMARK 0.0%**  |  |  |
| Total Denmark (Cost $0) |  | 0 |
| **DOMINICAN REPUBLIC 4.0%**  |  |  |
| **SOVEREIGN ISSUES 4.0%**  |  |  |
| **Dominican Republic Central Bank Notes** <br>13.000% due 12/05/2025 | 407100 | 6823 |
| **Dominican Republic International Bond**  |  |  |
| 10.500% due 03/15/2037  | 3303400 | 56496 |
| 10.750% due 06/01/2036  | 638600 | 11099 |
| 11.250% due 09/15/2035  | 188400 | 3368 |
| 13.625% due 02/03/2033  | 154450 | 3053 |
| 13.625% due 02/10/2034  | 63300 | 1283 |
| Total Dominican Republic (Cost $78,503) |  | 82122 |
| **ECUADOR 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Ecuador Government International Bond**  |  |  |
| 0.000% due 07/31/2030 (f) | $425 | 310 |
| 5.000% due 07/31/2040  | 60 | 38 |
| 5.500% due 07/31/2035  | 1523 | 1112 |
| 6.900% due 07/31/2030  | 3932 | 3421 |
| Total Ecuador (Cost $3,050) |  | 4881 |
| **EGYPT 1.3%**  |  |  |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Egypt Government International Bond** <br>21.954% due 03/04/2028 | 1329100 | 26435 |
| Total Egypt (Cost $25,293) |  | 26435 |
| **FRANCE 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **New Immo Holding SA** <br>2.750% due 11/26/2026 | 300 | 349 |
| Total France (Cost $297) |  | 349 |
| **GERMANY 1.3%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **Deutsche Bank AG** <br>8.010% due 07/18/2034 « | 1700000 | 20558 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **Stepstone Group MidCo 2 GmbH**<br>6.673% (EUR006M + 4.500%) due 04/26/2032 ~ | 4800 | 5555 |
| Total Germany (Cost $24,887) |  | 26113 |
| **GHANA 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Ghana Government International Bond**  |  |  |
| 8.350% due 02/16/2027  | 8733 | 724 |
| 8.650% due 02/13/2029  | 73597 | 5200 |
| 8.950% due 02/11/2031  | 3328 | 205 |
| 9.250% due 02/08/2033  | 10430 | 594 |
| 10.000% due 08/17/2027  | 3395 | 273 |
| Total Ghana (Cost $3,653) |  | 6996 |
| **HUNGARY 1.8%**  |  |  |
| **SOVEREIGN ISSUES 1.8%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 3.000% due 08/21/2030 (l)  | 4695500 | 11835 |
| 3.000% due 10/27/2038 (l)  | 731300 | 1407 |
| 4.750% due 11/24/2032  | 8601000 | 22516 |
| 7.000% due 10/24/2035 (l)  | 273200 | 804 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| Total Hungary (Cost $34,750) |  | 36562 |
| **INDONESIA 6.7%**  |  |  |
| **SOVEREIGN ISSUES 6.7%**  |  |  |
| **Indonesia Government International Bond**  |  |  |
| 6.375% due 04/15/2032  | 31820000 | 1948 |
| 6.500% due 07/15/2030  | 221194000 | 13745 |
| 6.750% due 07/15/2035  | 1567902000 | 97485 |
| 7.125% due 06/15/2038  | 86770000 | 5469 |
| 7.125% due 06/15/2042  | 6871000 | 429 |
| 7.125% due 06/15/2043  | 16028000 | 1000 |
| 7.125% due 08/15/2045  | 29773000 | 1857 |
| 7.500% due 05/15/2038  | 91004000 | 5893 |
| 7.500% due 04/15/2040  | 88950000 | 5745 |
| 8.375% due 04/15/2039  | 62230000 | 4330 |
| Total Indonesia (Cost $136,616) |  | 137901 |
| **IRELAND 0.5%**  |  |  |
| **ASSET-BACKED SECURITIES 0.0%**  |  |  |
| **Carlyle Global Market Strategies Euro CLO Ltd.** <br>2.893% due 11/15/2031 •  | 403 | 475 |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **CIMA Finance DAC** <br>2.950% due 09/05/2029 (l) | $1848 | 1700 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 6300 | 7475 |
| Total Ireland (Cost $9,005) |  | 9650 |
| **ISRAEL 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 0.500% due 02/27/2026  | 19900 | 5775 |
| 5.375% due 02/19/2030  | $3400 | 3469 |
| Total Israel (Cost $8,640) |  | 9244 |
| **IVORY COAST 0.7%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.6%**  |  |  |
| **Republic of Cote d'Ivoire**  |  |  |
| 5.028% - 5.159% (EUR003M + 2.850%) due 03/18/2026 «~ | 2600 | 3038 |
| 5.403% (EUR006M + 3.050%) due 03/09/2026 «~ | 7300 | 8568 |
|  |  | 11606 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Ivory Coast Government International Bond**  |  |  |
| 4.875% due 01/30/2032  | 1317 | 1393 |
| 5.250% due 03/22/2030  | 400 | 451 |
|  |  | 1844 |
| Total Ivory Coast (Cost $12,333) |  | 13450 |
| **JERSEY, CHANNEL ISLANDS 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Kennedy Wilson Europe Real Estate Ltd.** <br>3.250% due 11/12/2025 | 253 | 296 |
| Total Jersey, Channel Islands (Cost $261) |  | 296 |
| **KAZAKHSTAN 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Development Bank of Kazakhstan JSC**  |  |  |
| 10.950% due 05/06/2026  | 611500 | 1129 |
| 13.489% due 05/23/2028  | 872000 | 1533 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| Total Kazakhstan (Cost $2,950) |  | 2662 |
| **KENYA 0.1%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **Republic of Kenya**<br>9.849% (PRIME + 5.400%) due 04/05/2028 «~ | $2700 | 2694 |
| Total Kenya (Cost $2,686) |  | 2694 |
| **LUXEMBOURG 0.1%**  |  |  |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **Drillco Holding Lux SA «(k)** | 10272 | 211 |
| **Foresea Holdings SA «** | 10634 | 218 |
|  |  | 429 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 260 | 248 |
| **Raizen Fuels Finance SA** <br>6.250% due 07/08/2032 (a) | 2800 | 2782 |
|  |  | 3030 |
| Total Luxembourg (Cost $3,242) |  | 3459 |
| **MALAYSIA 6.9%**  |  |  |
| **SOVEREIGN ISSUES 6.9%**  |  |  |
| **Malaysia Government International Bond**  |  |  |
| 2.632% due 04/15/2031  | 53060 | 12150 |
| 3.582% due 07/15/2032  | 184130 | 44347 |
| 3.844% due 04/15/2033  | 2500 | 609 |
| 4.054% due 04/18/2039  | 13680 | 3387 |
| 4.065% due 06/15/2050  | 13699 | 3295 |
| 4.180% due 05/16/2044  | 6660 | 1669 |
| 4.254% due 05/31/2035  | 8030 | 2027 |
| 4.457% due 03/31/2053  | 61910 | 15854 |
| 4.642% due 11/07/2033  | 18450 | 4754 |
| 4.696% due 10/15/2042  | 6078 | 1610 |
| 4.762% due 04/07/2037  | 9554 | 2512 |
| 4.893% due 06/08/2038  | 30070 | 8040 |
| **Malaysia Government Investment Issue**  |  |  |
| 3.804% due 10/08/2031  | 15250 | 3708 |
| 4.119% due 11/30/2034  | 8320 | 2076 |
| 4.130% due 07/09/2029  | 65000 | 15980 |
| 4.193% due 10/07/2032  | 37500 | 9345 |
| 4.291% due 08/14/2043  | 20870 | 5269 |
| 4.417% due 09/30/2041  | 2714 | 696 |
| 4.662% due 03/31/2038  | 12800 | 3342 |
| 5.357% due 05/15/2052  | 5700 | 1652 |
| Total Malaysia (Cost $133,786) |  | 142322 |
| **MEXICO 10.2%**  |  |  |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **Hipotecaria Su Casita SA «(d)** | 742577 | 0 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SOVEREIGN ISSUES 10.2%**  |  |  |
| **Mexican Bonos**  |  |  |
| 7.500% due 05/26/2033  | 137000 | 6689 |
| 7.750% due 05/29/2031  | 338900 | 17238 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| 7.750% due 11/23/2034  | 53900 | 2628 |
| 7.750% due 11/13/2042  | 675300 | 29905 |
| 8.000% due 11/07/2047  | 195900 | 8708 |
| 8.000% due 07/31/2053  | 405500 | 17846 |
| 8.500% due 03/01/2029  | 723500 | 38505 |
| 8.500% due 05/31/2029  | 749800 | 39887 |
| 8.500% due 02/28/2030  | 667400 | 35379 |
| 8.500% due 11/18/2038  | 71400 | 3507 |
| **Mexican Udibonos** <br>4.000% due 08/24/2034 (h) | 73231 | 3631 |
| **Mexico Government International Bond**  |  |  |
| 5.850% due 07/02/2032 (a)  | $3000 | 3040 |
| 6.625% due 01/29/2038 (a)  | 3000 | 3050 |
|  |  | 210013 |
| Total Mexico (Cost $197,919) |  | 210013 |
| **NETHERLANDS 0.2%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **VEON Amsterdam BV**<br>8.531% - 10.750% (TSFR3M + 3.250%) due 03/25/2027 «~ | $3400 | 3401 |
| Total Netherlands (Cost $3,355) |  | 3401 |
| **NIGERIA 0.2%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Bank of Industry Ltd.**<br>3.695% (EUR003M + 1.700%) due 08/23/2027 ~ | 3100 | 3627 |
| Total Nigeria (Cost $3,249) |  | 3627 |
| **PARAGUAY 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Paraguay Government International Bond**  |  |  |
| 7.900% due 02/09/2031  | 30599000 | 3713 |
| 8.500% due 03/04/2035  | 34354000 | 4204 |
| Total Paraguay (Cost $8,488) |  | 7917 |
| **PERU 5.3%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **Credicorp Capital Sociedad Titulizadora SA**  |  |  |
| 9.700% due 03/05/2045 «  | 11900 | 3509 |
| 10.100% due 12/15/2043  | 56200 | 16856 |
|  |  | 20365 |
| **SOVEREIGN ISSUES 4.3%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 5.400% due 08/12/2034  | 53000 | 14163 |
| 6.150% due 08/12/2032  | 89000 | 25988 |
| 6.850% due 08/12/2035  | 60800 | 17724 |
| 6.850% due 02/12/2042  | 3800 | 1082 |
| 6.900% due 08/12/2037  | 2700 | 777 |
| 6.950% due 08/12/2031  | 50400 | 15470 |
| 7.300% due 08/12/2033  | 40900 | 12595 |
| 7.600% due 08/12/2039  | 500 | 151 |
|  |  | 87950 |
| Total Peru (Cost $98,176) |  | 108315 |
| **PHILIPPINES 4.5%**  |  |  |
| **SOVEREIGN ISSUES 4.5%**  |  |  |
| **Philippines Government International Bond**  |  |  |
| 6.250% due 02/28/2029  | 4161120 | 75070 |
| 6.250% due 01/14/2036  | 369000 | 6411 |
| 6.375% due 04/28/2035  | 564900 | 10115 |
| 6.500% due 05/19/2029  | 96070 | 1746 |
| Total Philippines (Cost $90,459) |  | 93342 |
| **POLAND 6.6%**  |  |  |
| **SOVEREIGN ISSUES 6.6%**  |  |  |
| **Republic of Poland Government International Bond**  |  |  |
| 1.750% due 04/25/2032 (l)  | 58100 | 13003 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| 2.750% due 10/25/2029 (l)  | 36800 | 9418 |
| 4.750% due 07/25/2029 (l)  | 85800 | 23786 |
| 5.750% due 04/25/2029 (l)  | 243500 | 69947 |
| 6.000% due 10/25/2033 (l)  | 67500 | 19508 |
| Total Poland (Cost $121,476) |  | 135662 |
| **ROMANIA 2.2%**  |  |  |
| **SOVEREIGN ISSUES 2.2%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 4.250% due 04/28/2036  | 66700 | 12022 |
| 4.750% due 10/11/2034  | 9700 | 1860 |
| 5.000% due 02/12/2029  | 10300 | 2214 |
| 6.850% due 07/29/2030  | 43100 | 9768 |
| 7.100% due 07/31/2034  | 7100 | 1611 |
| 7.350% due 04/28/2031  | 49400 | 11430 |
| 8.000% due 04/29/2030  | 30500 | 7244 |
| Total Romania (Cost $43,993) |  | 46149 |
| **SERBIA 1.0%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Project Mercury**<br>0.400% - 6.668% (EUR006M + 4.200%) due 08/11/2030 «~ | 3400 | 4136 |
| **Tesler**<br>1.000% due 05/21/2028 | 3900 | 4544 |
|  |  | 8680 |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Serbia Treasury Bonds**  |  |  |
| 4.500% due 08/20/2032  | 345400 | 3379 |
| 5.250% due 07/27/2035  | 884800 | 8919 |
|  |  | 12298 |
| Total Serbia (Cost $19,852) |  | 20978 |
| **SINGAPORE 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Yinson Production Financial Services Pte. Ltd.** <br>9.625% due 05/03/2029 | $1800 | 1871 |
| Total Singapore (Cost $1,771) |  | 1871 |
| **SOUTH AFRICA 9.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.9%**  |  |  |
| **Eskom Holdings SOC Ltd.**  |  |  |
| 0.000% due 08/18/2027 (f) | 143600 | 5987 |
| 0.000% due 12/31/2032 (f) | 363100 | 6660 |
| **Transnet SOC Ltd.** <br>10.000% due 03/30/2029 | 103000 | 5479 |
|  |  | 18126 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **Transnet SOC Ltd.**<br>11.558% (JIBA3M + 4.000%) due 03/02/2028 «~ | 53314 | 2987 |
| **SOVEREIGN ISSUES 8.5%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 6.250% due 03/31/2036  | 318700 | 13422 |
| 6.500% due 02/28/2041  | 106700 | 4069 |
| 7.000% due 02/28/2031  | 478727 | 24877 |
| 8.000% due 01/31/2030  | 415250 | 23066 |
| 8.250% due 03/31/2032 (l)  | 85900 | 4633 |
| 8.500% due 01/31/2037  | 812400 | 39947 |
| 8.750% due 01/31/2044  | 89000 | 4088 |
| 8.750% due 02/28/2048  | 134700 | 6110 |
| 8.875% due 02/28/2035  | 623200 | 32871 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| 9.000% due 01/31/2040  | 473100 | 23107 |
|  |  | 176190 |
| Total South Africa (Cost $200,710) |  | 197303 |
| **SUPRANATIONAL 1.2%**  |  |  |
| **CORPORATE BONDS & NOTES 1.2%**  |  |  |
| **European Investment Bank** <br>2.875% due 11/15/2029 | 58700 | 14932 |
| **International Bank for Reconstruction & Development** <br>7.050% due 07/22/2029 | 853500 | 10156 |
| Total Supranational (Cost $23,787) |  | 25088 |
| **TANZANIA 0.1%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **The Ministry of Finance and Planning, Government of the United Republic of Tanzania**<br>7.541% (EUR006M + 5.400%) due 04/26/2028 ~ | 2400 | 2831 |
| Total Tanzania (Cost $2,815) |  | 2831 |
| **THAILAND 1.3%**  |  |  |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Thailand Government International Bond**  |  |  |
| 2.000% due 06/17/2042  | 103190 | 3199 |
| 2.875% due 06/17/2046  | 23000 | 797 |
| 2.980% due 06/17/2045  | 80785 | 2853 |
| 3.400% due 06/17/2036  | 96040 | 3481 |
| 3.450% due 06/17/2043  | 337710 | 12549 |
| 4.000% due 06/17/2055  | 116120 | 4927 |
| Total Thailand (Cost $24,276) |  | 27806 |
| **TURKEY 2.1%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.6%**  |  |  |
| **SOCAR Turkey Enerji AS**<br>5.931% (EUR006M + 3.450%) due 08/11/2026 ~ | 8300 | 9758 |
| **Turkiye Vakiflar Bankasi TAO**<br>5.001% (EUR003M + 3.000%) due 12/15/2028 «~ | 1600 | 1892 |
|  |  | 11650 |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **Turkiye Government International Bond**  |  |  |
| 27.700% due 09/27/2034  | 588400 | 14181 |
| 49.053% due 05/20/2026 ~ | 16300 | 411 |
| 49.053% due 08/19/2026 ~ | 27000 | 681 |
| 49.053% due 05/17/2028 ~ | 643400 | 15674 |
|  |  | 30947 |
| Total Turkey (Cost $45,506) |  | 42597 |
| **UGANDA 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Republic of Uganda Government International Bond**  |  |  |
| 14.375% due 02/03/2033  | 8336000 | 2094 |
| 15.000% due 06/18/2043  | 1633700 | 393 |
| 15.800% due 06/23/2039  | 12602600 | 3231 |
| Total Uganda (Cost $5,616) |  | 5718 |
| **UKRAINE 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2034 (g)  | $1045 | 405 |
| 0.000% due 02/01/2036 (g)  | 736 | 348 |
| 1.750% due 02/01/2029  | 529 | 328 |
| 1.750% due 02/01/2035  | 1441 | 739 |
| 1.750% due 02/01/2036  | 1600 | 800 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| Total Ukraine (Cost $2,437) |  | 2620 |
| **UNITED ARAB EMIRATES 0.1%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **NMC Healthcare LLC**<br>10.855% (US0003M + 6.000%) due 03/25/2027 «~ | 9388 | 2559 |
| Total United Arab Emirates (Cost $2,588) |  | 2559 |
| **UNITED KINGDOM 1.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (f) | $19470 | 13855 |
| **Standard Chartered Bank**  |  |  |
| 0.000% due 11/03/2025 (f) | 382500 | 1198 |
| 0.000% due 12/01/2025 «(f) | 425600 | 1322 |
|  |  | 16375 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.2%**  |  |  |
| **Canada Square Funding PLC** <br>5.161% due 01/17/2059 •  | 1353 | 1862 |
| **Rochester Financing PLC** <br>4.939% due 12/18/2044 •  | 933 | 1280 |
| **Tower Bridge Funding PLC** <br>4.960% due 12/20/2063 •  | 450 | 617 |
| **Warwick Finance Residential Mortgages PLC** <br>0.000% due 12/21/2049 (f) | 0 | 797 |
|  |  | 4556 |
| Total United Kingdom (Cost $19,133) |  | 20931 |
| **UNITED STATES 4.0%**  |  |  |
| **ASSET-BACKED SECURITIES 1.0%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 5.274% due 08/25/2036 •  | $1096 | 1089 |
| 5.334% due 03/25/2034 •  | 405 | 424 |
| **Credit-Based Asset Servicing & Securitization LLC**  |  |  |
| 2.841% due 01/25/2036  | 1619 | 1386 |
| 4.554% due 07/25/2037 •  | 9 | 6 |
| **GSAMP Trust**  |  |  |
| 4.524% due 01/25/2037 •  | 881 | 531 |
| 4.734% due 12/25/2036 •  | 920 | 913 |
| **Lehman XS Trust** <br>4.984% due 01/25/2036 þ | 2644 | 2362 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.184% due 09/25/2035 •  | 1620 | 1611 |
| **Morgan Stanley Mortgage Loan Trust** <br>4.914% due 12/25/2036 •  | 2964 | 1008 |
| **New Century Home Equity Loan Trust** <br>4.754% due 08/25/2036 •  | 984 | 975 |
| **OneMain Financial Issuance Trust** <br>4.130% due 05/14/2035 | 6273 | 6251 |
| **Option One Mortgage Loan Trust** <br>4.654% due 04/25/2037 •  | 345 | 232 |
| **WaMu Asset-Backed Certificates WaMu Trust** <br>4.674% due 05/25/2037 •  | 4246 | 3771 |
|  |  | 20559 |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Rio Oil Finance Trust** <br>9.750% due 01/06/2027 | 198 | 205 |
| **VB DPR Finance Co.** <br>6.833% due 03/15/2035 «(k) | 5000 | 4902 |
|  |  | 5107 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.9%**  |  |  |
| **American Home Mortgage Assets Trust** <br>6.750% due 11/25/2046 | 351 | 314 |
| **Angel Oak Mortgage Trust** <br>0.909% due 01/25/2066 ~ | 2641 | 2293 |
| **Banc of America Funding Trust** <br>2.371% due 03/20/2036 ~ | 11 | 10 |
| **BCAP LLC Trust**  |  |  |
| 4.155% due 05/26/2037 ~  | 1931 | 1726 |
| 4.774% due 01/25/2037 •  | 149 | 137 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| 0 | 158 | 165 | 206 |
| **Bear** **Stearns Adjustable Rate Mortgage Trust**  |  |  |  |
| 4.521% due 02/25/2036 ~  |  | 30 | 27 |
| 5.166% due 01/25/2035 ~  |  | 3 | 2 |
| **Bear Stearns ALT-A Trust**  |  |  |  |
| 4.037% due 04/25/2037 ~ |  | 5570 | 3869 |
| 4.180% due 08/25/2036 ~  |  | 243 | 163 |
| **Citigroup Mortgage Loan Trust**  |  |  |  |
| 4.783% due 09/25/2037 ~ |  | 2253 | 2080 |
| 5.483% due 07/25/2046 ~ |  | 22 | 21 |
| 6.756% due 03/25/2034 ~  |  | 4 | 4 |
| **CitiMortgage Alternative Loan Trust** <br>6.000% due 06/25/2037 |  | 42 | 37 |
| **Countrywide Home Loan Mortgage Pass-Through Trust** <br>4.860% due 09/25/2047 ~ |  | 13 | 12 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.859% due 11/25/2034 •  |  | 123 | 117 |
| **GreenPoint MTA Trust** <br>4.874% due 06/25/2045 •  |  | 38 | 35 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 01/25/2036 •  |  | 171 | 139 |
| **GSR Mortgage Loan Trust** <br>5.540% due 11/25/2035 ~ |  | 57 | 27 |
| **HarborView Mortgage Loan Trust**  |  |  |  |
| 5.514% due 08/19/2036 ~ |  | 1 | 1 |
| 6.399% due 10/19/2035 •  |  | 290 | 137 |
| **Impac CMB Trust**  |  |  |  |
| 5.074% due 03/25/2035 •  |  | 62 | 60 |
| 5.730% due 01/25/2033 þ |  | 193 | 196 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |  |
| 4.794% due 02/25/2037 •  |  | 810 | 756 |
| 5.074% due 07/25/2045 •  |  | 95 | 75 |
| **JP Morgan Mortgage Trust** <br>5.177% due 06/25/2036 ~ |  | 155 | 106 |
| **JP Morgan Resecuritization Trust** <br>2.500% due 03/25/2056 |  | 118 | 115 |
| **Luminent Mortgage Trust** <br>4.794% due 12/25/2036 •  |  | 8 | 8 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.075% due 06/25/2036 ~ |  | 6 | 6 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>6.340% due 06/25/2036 |  | 7697 | 2031 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |  |
| 5.397% due 10/25/2037 ~ |  | 806 | 649 |
| 5.849% due 02/25/2036 ~ |  | 74 | 63 |
| **Residential Asset Securitization Trust** <br>4.834% due 01/25/2046 •  |  | 128 | 36 |
| **Sequoia Mortgage Trust** <br>4.731% due 01/20/2047 ~ |  | 14 | 10 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |  |
| 5.267% due 03/25/2036 ~ |  | 32 | 26 |
| 5.799% due 01/25/2035 •  |  | 25 | 23 |
| **Structured Asset Mortgage Investments Trust** <br>4.734% due 02/25/2037 •  |  | 908 | 869 |
| **TBW Mortgage-Backed Trust** <br>6.540% due 01/25/2037 |  | 1248 | 265 |
| **Thornburg Mortgage Securities Trust** <br>5.999% due 06/25/2047 •  |  | 139 | 123 |
| **TIB Diversified Payment Rights Finance Co.** <br>7.962% due 11/15/2034 «(k) |  | 2200 | 2201 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |  |
| 3.775% due 01/25/2037 ~  |  | 38 | 33 |
| 4.351% due 12/25/2036 ~  |  | 25 | 23 |
| 4.804% due 05/25/2034 •  |  | 166 | 155 |
| 4.823% due 09/25/2036 ~  |  | 32 | 28 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>7.414% due 10/25/2036 ~ |  | 349 | 335 |
|  |  |  | 19343 |
| **SOVEREIGN ISSUES 1.8%**  |  |  |  |
| **Colombia Government International Bond**  |  |  |  |
| 1.000% due 04/28/2028  | COP | 150665500 | 33234 |
| 1.000% due 02/09/2033  |  | 18135700 | 4639 |
|  |  |  | 37873 |
|  |  | SHARES |  |
| **WARRANTS 0.0%**  |  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(k)** |  | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 165 | 206 |
| Total United States (Cost $87,179) |  | 82882 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **UZBEKISTAN 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Uzbek Industrial & Construction Bank ATB**  |  |  |
| 8.950% due 07/24/2029  | 1300 | 1370 |
| 21.000% due 07/24/2027  | 43460000 | 3478 |
|  |  | 4848 |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Republic of Uzbekistan International Bond** <br>16.625% due 05/29/2027 | 9770000 | 786 |
| Total Uzbekistan (Cost $5,514) |  | 5634 |
| **VENEZUELA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Venezuela Government International Bond** <br>9.250% due 09/15/2027 ^(c) | $4300 | 876 |
| Total Venezuela (Cost $643) |  | 876 |
| **ZAMBIA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Zambia Government International Bond**  |  |  |
| 12.000% due 07/04/2025  | 19134 | 801 |
| 12.000% due 05/03/2028  | 3600 | 137 |
| 22.000% due 01/22/2029  | 3100 | 149 |
| 23.000% due 01/22/2031  | 26200 | 1350 |
| Total Zambia (Cost $2,139) |  | 2437 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 3.4%**  |  |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (j) | 6829340 | 6829 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 2.5%**  |  |  |
| 30.347% due 08/19/2025 - 06/29/2026 (e)(f) | 91681109 | 50765 |
| **U.S. TREASURY BILLS 0.6%**  |  |  |
| 4.357% due 08/07/2025 - 09/16/2025 (e)(f)(n)(p) | $12742 | 12656 |
| Total Short-Term Instruments (Cost $68,224) |  | 70250 |
| Total Investments in Securities (Cost $1,955,508) |  | 2030251 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 7.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 7.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 7.6%**  |  |  |
| **PIMCO Short Asset Portfolio** | 3552146 | 34797 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 12632617 | 123004 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | |
|:---|:---|
| 0 | 206 |
| Total Short-Term Instruments (Cost $158,447) | 157801 |
| Total Investments in Affiliates (Cost $158,447) | 157801 |
| Total Investments 105.8% (Cost $2,113,955) | $2188052 |
| **Financial Derivative Instruments (m)(o) 0.3**%(Cost or Premiums, net $(3799)) | 7188 |
| Other Assets and Liabilities, net (6.1)% | (126757) |
| Net Assets 100.0% | $2068483 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 41 | 102 | 140 | 153 | 157 | 176 | 190 | 213 | 214 |
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(h)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(i)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(j)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(k)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | 06/10/2022 | 06/10/2022 | 0 | 0 | 0 | 0 | 0 | 0.00 |
| Drillco Holding Lux SA | Drillco Holding Lux SA | Drillco Holding Lux SA | 06/08/2023 | 06/08/2023 | 206 | 206 | 206 | 211 | 211 | 0.01 |
| TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co. 7.962% due 11/15/2034 | 09/18/2024 | 09/18/2024 | 2200 | 2200 | 2200 | 2201 | 2201 | 0.11 |
| VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 | VB DPR Finance Co. 6.833% due 03/15/2035 | 01/31/2025 | 01/31/2025 | 5000 | 5000 | 5000 | 4902 | 4902 | 0.23 |
|  |  |  |  | $ | 7406 | 7406 | $ | 7314 | 0.35%  | 0.35%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Maturity Date | Maturity Date |  | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BPS | BPS | 5.420%  | 06/06/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | PLN | (80530) | (80530) | (22424) | (22424) |
|  |  | 6.360  | 06/25/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | HUF | (2458899) | (2458899) | (7256) | (7256) |
| BRC | BRC | 3.500  | 06/27/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | CZK | (505497) | (505497) | (24092) | (24092) |
|  |  | 4.550  | 01/08/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | $ | (1591) | (1591) | (1626) | (1626) |
|  |  | 5.350  | 05/08/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | PLN | (44465) | (44465) | (12431) | (12431) |
| GSC | GSC | 5.450  | 05/08/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> |  | (39182) | (39182) | (10956) | (10956) |
| JML | JML | 4.280  | 03/07/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | $ | (3554) | (3554) | (3603) | (3603) |
| MBC | MBC | 5.400  | 06/06/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | PLN | (155654) | (155654) | (43343) | (43343) |
|  |  | 5.450  | 06/17/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> |  | (68766) | (68766) | (19118) | (19118) |
|  |  | 6.430  | 06/24/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | HUF | (459747) | (459747) | (1357) | (1357) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  | **(146206)** | **(146206)** |
| **(l)** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $150,485 and Cash of $382 has been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(147517) at a weighted average interest rate of 5.483%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

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------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 6 | 15 | 23 | 24 | 35 | 36 | 38 | 60 | 61 | 70 | 101 | 123 | 139 | 155 | 170 | 184 | 194 | 204 | 223 |
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 92 | 10316 | 10316 | $175 | 175 | 175 | 29 | 29 | 29 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 19 | 2171 | 2171 | 55 | 55 | 55 | 9 | 9 | 9 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 21 | 2502 | 2502 | 78 | 78 | 78 | 28 | 28 | 28 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 308 | 308 | $ | 66 | 66 | $ | 0 |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 5 | (577) | (577) | $(16) | (16) | (16) | 0 | 0 | 0 | (5) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **292** | **292** | **$** | **66** | **66** | **$** | **(5)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| Barclays Bank PLC  | Barclays Bank PLC  | 1.000% | Quarterly | 12/20/2025 | 12/20/2025 | 0.238 | 0.238 | 0.238 | % | EUR | 600 | 4 | $ | (1) | $ | 3 | 3 | 0 | 0 | 0 |
| Boeing Co.  | Boeing Co.  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.296 | 0.296 | 0.296 |  | $ | $100 | 1 |  | 0 |  | 1 | 1 | 0 | 0 | 0 |
| Boeing Co.  | Boeing Co.  | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.367 | 0.367 | 0.367 |  |  | 4900 | 54 |  | (8) |  | 46 | 46 | 0 | 0 | (1) |
| Boeing Co.  | Boeing Co.  | 1.000 | Quarterly | 06/20/2027 | 06/20/2027 | 0.402 | 0.402 | 0.402 |  |  | 200 | 2 |  | 0 |  | 2 | 2 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 61 | $ | (9) | $ | 52 | 52 | 0 | 0 | (1) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 5.699% | Semi-Annual | Semi-Annual | 06/18/2030 | 06/18/2030 | INR | INR | 626200 | $2 | 2 | (3) | (3) | (1) | (1) | $0 | 0 | $(7) |
| Pay<sup>(5)</sup> | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.000 | Semi-Annual | Semi-Annual | 09/17/2030 | 09/17/2030 |  |  | 1511280 | 276 | 276 | (75) | (75) | 201 | 201 | 0 | 0 | (19) |
| Pay<sup>(5)</sup> | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.000 | Semi-Annual | Semi-Annual | 09/17/2035 | 09/17/2035 |  |  | 1785450 | 191 | 191 | (17) | (17) | 174 | 174 | 0 | 0 | (30) |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 3.322 | Semi-Annual | Semi-Annual | 12/20/2028 | 12/20/2028 | SGD | SGD | 15840 | (117) | (117) | (623) | (623) | (740) | (740) | 0 | 0 | (18) |
| Pay | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 2.750 | Semi-Annual | Semi-Annual | 03/19/2030 | 03/19/2030 |  |  | 4170 | 22 | 22 | 145 | 145 | 167 | 167 | 5 | 5 | 0 |
| Pay | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 1.992 | Semi-Annual | Semi-Annual | 06/18/2030 | 06/18/2030 |  |  | 8400 | 2 | 2 | 95 | 95 | 97 | 97 | 9 | 9 | 0 |
| Pay<sup>(5)</sup> | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 2.000 | Quarterly | Quarterly | 09/17/2030 | 09/17/2030 | THB | THB | 3238770 | 3141 | 3141 | 297 | 297 | 3438 | 3438 | 0 | 0 | (43) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2030 | 06/18/2030 | $ | $ | 106900 | (1487) | (1487) | 617 | 617 | (870) | (870) | 177 | 177 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/21/2028 | 06/21/2028 |  |  | 49200 | 1148 | 1148 | (930) | (930) | 218 | 218 | 0 | 0 | (38) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 12/20/2028 | 12/20/2028 |  |  | 40600 | 93 | 93 | (425) | (425) | (332) | (332) | 0 | 0 | (40) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2030 | 06/18/2030 |  |  | 98150 | (987) | (987) | 166 | 166 | (821) | (821) | 158 | 158 | 0 |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 09/17/2030 | 09/17/2030 |  |  | 51300 | 88 | 88 | 763 | 763 | 851 | 851 | 97 | 97 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 06/20/2031 | 06/20/2031 |  |  | 1100 | (14) | (14) | 30 | 30 | 16 | 16 | 2 | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 06/20/2031 | 06/20/2031 |  |  | 42300 | 905 | 905 | (1534) | (1534) | (629) | (629) | 0 | 0 | (91) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2033 | 12/20/2033 |  |  | 5660 | (123) | (123) | 47 | 47 | (76) | (76) | 19 | 19 | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 24 | 36 | 60 | 68 | 101 | 133 | 162 | 194 | 223 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 01/02/2034 |  | 790 | 1 | (7) | (6) | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.810 | Annual | 01/02/2034 |  | 900 | (3) | (8) | (11) | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.684 | Annual | 01/03/2034 |  | 1100 | 8 | (10) | (2) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.648 | Annual | 01/08/2034 |  | 1200 | 12 | (11) | 1 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.600 | Annual | 01/17/2034 |  | 500 | 7 | (5) | 2 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2034 |  | 9800 | (677) | 373 | (304) | 33 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.080 | Annual | 06/05/2034 |  | 2300 | (9) | (69) | (78) | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2034 |  | 700 | 28 | (7) | 21 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 |  | 48520 | 1815 | (2230) | (415) | 0 | (173) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.994 | Annual | 07/02/2034 |  | 1800 | (6) | (30) | (36) | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.060 | Annual | 07/02/2034 |  | 1500 | (5) | (33) | (38) | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 07/10/2034 |  | 3500 | (11) | (25) | (36) | 0 | (13) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 |  | 6000 | (119) | 97 | (22) | 0 | (22) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 |  | 30450 | 737 | (647) | 90 | 118 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 |  | 19600 | 1319 | (571) | 748 | 0 | (74) |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 09/17/2035 |  | 19700 | (160) | 272 | 112 | 82 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2036 |  | 1900 | 33 | (25) | 8 | 0 | (8) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 10/16/2053 |  | 400 | 17 | (22) | (5) | 3 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 10/17/2053 |  | 1200 | 47 | (64) | (17) | 9 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 12/20/2053 |  | 1600 | 109 | 89 | 198 | 0 | (12) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 25050 | 1596 | 256 | 1852 | 0 | (193) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2054 |  | 100 | 4 | 4 | 8 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2054 |  | 17600 | (819) | (579) | (1398) | 141 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.086 | Annual | 01/13/2055 |  | 9600 | 10 | (282) | (272) | 0 | (80) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 |  | 24700 | (3343) | 386 | (2957) | 185 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2055 |  | 62725 | 8436 | (1079) | 7357 | 0 | (476) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 09/17/2055 |  | 15500 | 924 | 164 | 1088 | 0 | (123) |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 09/17/2055 |  | 19200 | (1476) | 94 | (1382) | 158 | 0 |
| Pay | 1-Year BRL-CDI | 9.808 | Maturity | 01/02/2026 | BRL | 259400 | (11) | (2298) | (2309) | 0 | 0 |
| Receive | 1-Year BRL-CDI | 10.164 | Maturity | 01/02/2026 |  | 12690 | 8 | 114 | 122 | 0 | 0 |
| Receive | 1-Year BRL-CDI | 10.529 | Maturity | 01/02/2026 |  | 156500 | (237) | 1351 | 1114 | 0 | 0 |
| Pay | 1-Year BRL-CDI | 10.691 | Maturity | 01/02/2026 |  | 210800 | 476 | (1797) | (1321) | 0 | 0 |
| Pay | 1-Year BRL-CDI | 6.151 | Maturity | 01/04/2027 |  | 245300 | (6908) | (4227) | (11135) | 52 | 0 |
| Pay | 1-Year BRL-CDI | 8.654 | Maturity | 01/04/2027 |  | 66920 | 50 | (868) | (818) | 14 | 0 |
| Receive | 1-Year BRL-CDI | 9.783 | Maturity | 01/04/2027 |  | 259000 | 63 | 3399 | 3462 | 0 | (52) |
| Pay | 1-Year BRL-CDI | 9.795 | Maturity | 01/04/2027 |  | 89400 | 0 | (1176) | (1176) | 18 | 0 |
| Pay | 1-Year BRL-CDI | 9.815 | Maturity | 01/04/2027 |  | 75600 | 0 | (968) | (968) | 15 | 0 |
| Pay | 1-Year BRL-CDI | 9.832 | Maturity | 01/04/2027 |  | 68800 | 0 | (876) | (876) | 14 | 0 |
| Receive | 1-Year BRL-CDI | 9.840 | Maturity | 01/04/2027 |  | 116900 | 0 | 1508 | 1508 | 0 | (24) |
| Pay | 1-Year BRL-CDI | 9.840 | Maturity | 01/04/2027 |  | 96900 | 0 | (1257) | (1257) | 20 | 0 |
| Pay | 1-Year BRL-CDI | 9.842 | Maturity | 01/04/2027 |  | 129700 | 0 | (1646) | (1646) | 26 | 0 |
| Pay | 1-Year BRL-CDI | 10.076 | Maturity | 01/04/2027 |  | 214200 | (187) | (2831) | (3018) | 43 | 0 |
| Pay | 1-Year BRL-CDI | 10.225 | Maturity | 01/04/2027 |  | 49450 | 0 | (545) | (545) | 10 | 0 |
| Pay | 1-Year BRL-CDI | 10.235 | Maturity | 01/04/2027 |  | 49450 | 0 | (543) | (543) | 10 | 0 |
| Pay | 1-Year BRL-CDI | 10.565 | Maturity | 01/04/2027 |  | 66900 | 0 | (645) | (645) | 13 | 0 |
| Pay | 1-Year BRL-CDI | 10.602 | Maturity | 01/04/2027 |  | 59400 | 74 | (766) | (692) | 12 | 0 |
| Receive | 1-Year BRL-CDI | 10.671 | Maturity | 01/04/2027 |  | 137300 | 0 | 1267 | 1267 | 0 | (28) |
| Receive | 1-Year BRL-CDI | 10.768 | Maturity | 01/04/2027 |  | 34200 | (113) | 431 | 318 | 0 | (7) |
| Pay | 1-Year BRL-CDI | 10.792 | Maturity | 01/04/2027 |  | 147400 | 470 | (1860) | (1390) | 30 | 0 |
| Receive | 1-Year BRL-CDI | 10.880 | Maturity | 01/04/2027 |  | 227600 | 0 | 1912 | 1912 | 0 | (46) |
| Receive | 1-Year BRL-CDI | 10.943 | Maturity | 01/04/2027 |  | 104900 | 0 | 860 | 860 | 0 | (21) |
| Pay | 1-Year BRL-CDI | 10.980 | Maturity | 01/04/2027 |  | 113500 | 0 | (909) | (909) | 23 | 0 |
| Pay | 1-Year BRL-CDI | 11.064 | Maturity | 01/04/2027 |  | 81100 | 359 | (1008) | (649) | 16 | 0 |
| Receive | 1-Year BRL-CDI | 11.133 | Maturity | 01/04/2027 |  | 96200 | 0 | 724 | 724 | 0 | (19) |
| Pay | 1-Year BRL-CDI | 11.169 | Maturity | 01/04/2027 |  | 148000 | 97 | (1923) | (1826) | 30 | 0 |
| Receive | 1-Year BRL-CDI | 11.513 | Maturity | 01/04/2027 |  | 83900 | 0 | 538 | 538 | 0 | (17) |
| Receive | 1-Year BRL-CDI | 11.560 | Maturity | 01/04/2027 |  | 66300 | 0 | 415 | 415 | 0 | (13) |
| Receive | 1-Year BRL-CDI | 11.600 | Maturity | 01/04/2027 |  | 139600 | 0 | 820 | 820 | 0 | (28) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 24 | 36 | 60 | 68 | 101 | 133 | 162 | 194 | 223 |
| Receive | 1-Year BRL-CDI | 11.603 | Maturity | 01/04/2027 |  | 162200 | 0 | 951 | 951 | 0 | (33) |
| Receive | 1-Year BRL-CDI | 11.736 | Maturity | 01/04/2027 |  | 210100 | 0 | 1126 | 1126 | 0 | (42) |
| Pay | 1-Year BRL-CDI | 13.927 | Maturity | 01/04/2027 |  | 565900 | 3 | (298) | (295) | 56 | 0 |
| Receive | 1-Year BRL-CDI | 14.020 | Maturity | 01/04/2027 |  | 149400 | 0 | 27 | 27 | 0 | (30) |
| Receive | 1-Year BRL-CDI | 14.350 | Maturity | 01/04/2027 |  | 254500 | 0 | (139) | (139) | 0 | (51) |
| Pay | 1-Year BRL-CDI | 14.995 | Maturity | 01/04/2027 |  | 121900 | 0 | 266 | 266 | 24 | 0 |
| Pay | 1-Year BRL-CDI | 11.695 | Maturity | 01/03/2028 |  | 51000 | 0 | (279) | (279) | 27 | 0 |
| Pay | 1-Year BRL-CDI | 10.044 | Maturity | 01/02/2029 |  | 68500 | (230) | (798) | (1028) | 67 | 0 |
| Pay | 1-Year BRL-CDI | 10.386 | Maturity | 01/02/2029 |  | 3500 | 1 | (50) | (49) | 3 | 0 |
| Pay | 1-Year BRL-CDI | 11.490 | Maturity | 01/02/2029 |  | 51300 | 0 | (351) | (351) | 48 | 0 |
| Pay | 1-Year BRL-CDI | 11.523 | Maturity | 01/02/2029 |  | 97000 | 0 | (632) | (632) | 91 | 0 |
| Pay | 1-Year BRL-CDI | 11.655 | Maturity | 01/02/2029 |  | 155200 | 0 | (910) | (910) | 145 | 0 |
| Pay | 1-Year BRL-CDI | 11.730 | Maturity | 01/02/2029 |  | 58600 | 0 | (336) | (336) | 55 | 0 |
| Receive | 1-Year BRL-CDI | 12.243 | Maturity | 01/02/2029 |  | 123300 | 0 | 403 | 403 | 0 | (114) |
| Receive | 1-Year BRL-CDI | 12.255 | Maturity | 01/02/2029 |  | 55700 | 0 | 184 | 184 | 0 | (52) |
| Receive | 1-Year BRL-CDI | 12.760 | Maturity | 01/02/2029 |  | 157200 | 0 | 150 | 150 | 0 | (144) |
| Receive | 1-Year BRL-CDI | 13.270 | Maturity | 01/02/2029 |  | 78500 | 0 | (84) | (84) | 0 | (71) |
| Pay | 1-Year BRL-CDI | 13.291 | Maturity | 01/02/2029 |  | 166200 | 0 | 255 | 255 | 244 | 0 |
| Pay | 1-Year BRL-CDI | 13.320 | Maturity | 01/02/2029 |  | 17800 | 0 | 30 | 30 | 27 | 0 |
| Pay | 1-Year BRL-CDI | 13.405 | Maturity | 01/02/2029 |  | 131600 | 0 | 203 | 203 | 119 | 0 |
| Pay | 1-Year BRL-CDI | 13.425 | Maturity | 01/02/2029 |  | 52800 | 0 | 86 | 86 | 48 | 0 |
| Pay | 1-Year BRL-CDI | 13.430 | Maturity | 01/02/2029 |  | 103400 | 0 | 170 | 170 | 93 | 0 |
| Pay | 1-Year BRL-CDI | 13.500 | Maturity | 01/02/2029 |  | 92500 | 0 | 165 | 165 | 84 | 0 |
| Receive | 1-Year BRL-CDI | 13.518 | Maturity | 01/02/2029 |  | 81600 | 0 | (153) | (153) | 0 | (74) |
| Receive | 1-Year BRL-CDI | 13.545 | Maturity | 01/02/2029 |  | 81500 | 0 | (164) | (164) | 0 | (73) |
| Receive | 1-Year BRL-CDI | 13.589 | Maturity | 01/02/2029 |  | 168800 | 0 | (374) | (374) | 0 | (152) |
| Pay | 1-Year BRL-CDI | 13.615 | Maturity | 01/02/2029 |  | 57000 | 30 | 99 | 129 | 51 | 0 |
| Pay | 1-Year BRL-CDI | 13.680 | Maturity | 01/02/2029 |  | 140100 | 0 | 361 | 361 | 126 | 0 |
| Receive | 1-Year BRL-CDI | 13.844 | Maturity | 01/02/2029 |  | 53800 | 0 | (167) | (167) | 0 | (48) |
| Receive | 1-Year BRL-CDI | 13.923 | Maturity | 01/02/2029 |  | 75900 | 0 | (259) | (259) | 0 | (68) |
| Pay | 1-Year BRL-CDI | 13.998 | Maturity | 01/02/2029 |  | 245400 | 0 | 909 | 909 | 220 | 0 |
| Receive | 1-Year BRL-CDI | 14.026 | Maturity | 01/02/2029 |  | 53200 | 0 | (203) | (203) | 0 | (48) |
| Receive | 1-Year BRL-CDI | 14.087 | Maturity | 01/02/2029 |  | 34300 | 0 | (155) | (155) | 0 | (31) |
| Pay | 1-Year BRL-CDI | 14.185 | Maturity | 01/02/2029 |  | 125300 | 0 | 566 | 566 | 112 | 0 |
| Pay | 1-Year BRL-CDI | 14.213 | Maturity | 01/02/2029 |  | 67300 | 0 | 311 | 311 | 60 | 0 |
| Receive | 1-Year BRL-CDI | 14.245 | Maturity | 01/02/2029 |  | 32200 | 0 | (151) | (151) | 0 | (29) |
| Receive | 1-Year BRL-CDI | 14.524 | Maturity | 01/02/2029 |  | 130000 | 0 | (770) | (770) | 0 | (115) |
| Pay | 1-Year BRL-CDI | 14.570 | Maturity | 01/02/2029 |  | 53500 | 0 | 320 | 320 | 47 | 0 |
| Pay | 1-Year BRL-CDI | 15.036 | Maturity | 01/02/2029 |  | 75300 | 0 | 603 | 603 | 66 | 0 |
| Receive | 1-Year BRL-CDI | 11.900 | Maturity | 01/03/2033 |  | 26000 | 0 | 170 | 170 | 0 | (52) |
| Pay | 1-Year BRL-CDI | 11.940 | Maturity | 01/03/2033 |  | 19900 | 0 | (124) | (124) | 40 | 0 |
| Pay<sup>(5)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 06/18/2030 | CNY | 662400 | (353) | 482 | 129 | 0 | (44) |
| Pay<sup>(5)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 09/17/2030 |  | 469760 | 291 | (218) | 73 | 0 | (36) |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.600 | Quarterly | 04/11/2026 | COP | 16564270 | 0 | 0 | 0 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.150 | Quarterly | 03/19/2027 |  | 60504410 | 0 | (50) | (50) | 0 | (5) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.260 | Quarterly | 12/26/2027 |  | 84358600 | 0 | 55 | 55 | 0 | (1) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.280 | Quarterly | 12/26/2027 |  | 48932400 | 0 | 27 | 27 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.565 | Quarterly | 12/30/2027 |  | 28972200 | 0 | (30) | (30) | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.900 | Quarterly | 04/28/2028 |  | 59264300 | 0 | 210 | 210 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.970 | Quarterly | 04/28/2028 |  | 24095100 | 0 | 74 | 74 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.150 | Quarterly | 04/28/2028 |  | 24059200 | 0 | 46 | 46 | 1 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.820 | Quarterly | 06/05/2028 |  | 30026100 | 370 | (295) | 75 | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 9.050 | Quarterly | 10/03/2028 |  | 1151860 | 18 | (13) | 5 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.215 | Quarterly | 11/14/2028 |  | 4936200 | 4 | (14) | (10) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.290 | Quarterly | 01/22/2029 |  | 5197340 | (1) | (50) | (51) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.152 | Quarterly | 04/25/2029 |  | 50802100 | 0 | (169) | (169) | 0 | (2) |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.770 | Quarterly | 07/18/2029 |  | 77771500 | 0 | (550) | (550) | 0 | (4) |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.110 | Quarterly | 10/02/2029 |  | 39060000 | 0 | (541) | (541) | 0 | (2) |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.760 | Quarterly | 11/21/2029 |  | 34948500 | 0 | (272) | (272) | 0 | (2) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.430 | Quarterly | 05/15/2030 |  | 11935200 | 0 | 29 | 29 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.498 | Quarterly | 05/16/2030 |  | 42921000 | 0 | 75 | 75 | 4 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.725 | Quarterly | 06/10/2030 |  | 2349000 | 0 | 1 | 1 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.770 | Quarterly | 06/10/2030 |  | 7049000 | 0 | 6 | 6 | 0 | (1) |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 24 | 36 | 60 | 68 | 101 | 133 | 162 | 194 | 223 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.790 | Quarterly | 06/10/2030 |  | 4699000 | 0 | 5 | 5 | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.140 | Quarterly | 06/18/2030 |  | 17415000 | 0 | (93) | (93) | 0 | (2) |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.210 | Quarterly | 06/18/2030 |  | 9939000 | 0 | (46) | (46) | 0 | (1) |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.250 | Quarterly | 06/18/2030 |  | 4969000 | 0 | (21) | (21) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.260 | Quarterly | 06/18/2030 |  | 4993000 | 0 | (21) | (21) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.300 | Quarterly | 06/18/2030 |  | 315100 | 0 | (1) | (1) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.310 | Quarterly | 06/18/2030 |  | 34943700 | 0 | (128) | (128) | 0 | (3) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.350 | Quarterly | 06/18/2030 |  | 34143800 | 22 | 89 | 111 | 3 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.535 | Quarterly | 06/18/2030 |  | 30470700 | 0 | (44) | (44) | 0 | (3) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.800 | Quarterly | 06/18/2030 |  | 47582000 | 6 | (62) | (56) | 4 | 0 |
| Pay<sup>(5)</sup> | 3-Month COP-IBR Compounded-OIS | 8.710 | Quarterly | 09/17/2030 |  | 62323900 | 0 | (1) | (1) | 0 | (6) |
| Pay<sup>(5)</sup> | 3-Month COP-IBR Compounded-OIS | 8.755 | Quarterly | 09/17/2030 |  | 11232900 | 0 | 5 | 5 | 0 | (1) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.020 | Quarterly | 12/04/2030 |  | 2958600 | (24) | 47 | 23 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 4.155 | Quarterly | 01/15/2031 |  | 34133000 | 1326 | 423 | 1749 | 5 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 4.115 | Quarterly | 02/01/2031 |  | 13423000 | 527 | 165 | 692 | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 5.950 | Quarterly | 03/26/2031 |  | 6198160 | 108 | 83 | 191 | 1 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.705 | Quarterly | 03/26/2031 |  | 14268750 | (63) | 230 | 167 | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.540 | Quarterly | 08/09/2031 |  | 13200000 | 0 | 200 | 200 | 3 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.580 | Quarterly | 08/09/2031 |  | 13275200 | 0 | 195 | 195 | 3 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.650 | Quarterly | 08/12/2031 |  | 12195800 | 0 | 169 | 169 | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.520 | Quarterly | 08/13/2031 |  | 11596300 | 0 | 178 | 178 | 2 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.410 | Quarterly | 09/30/2031 |  | 16549600 | 205 | 71 | 276 | 4 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 8.690 | Quarterly | 12/26/2031 |  | 52936000 | 0 | (121) | (121) | 0 | (14) |
| Pay | 3-Month COP-IBR Compounded-OIS | 9.045 | Quarterly | 12/30/2031 |  | 14556100 | 0 | 28 | 28 | 0 | (4) |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.800 | Quarterly | 06/30/2032 |  | 9011400 | (47) | 177 | 130 | 3 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 9.490 | Quarterly | 06/30/2032 |  | 231550 | (3) | 1 | (2) | 0 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 9.490 | Quarterly | 06/30/2032 |  | 231550 | 3 | (1) | 2 | 0 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 7.990 | Quarterly | 11/25/2034 |  | 42551500 | 62 | 736 | 798 | 19 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 9.525 | Quarterly | 06/18/2035 |  | 17280000 | 3 | (73) | (70) | 9 | 0 |
| Receive | 3-Month COP-IBR Compounded-OIS | 3.554 | Annual | 06/11/2030 |  | 462900 | 49 | 29 | 78 | 70 | 0 |
| Pay<sup>(5)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2027 | KRW | 62828640 | (23) | 138 | 115 | 2 | 0 |
| Pay | 3-Month KRW-KORIBOR | 2.368 | Quarterly | 06/18/2030 |  | 6986400 | 3 | (31) | (28) | 0 | 0 |
| Receive<sup>(5)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2030 |  | 936490 | 4 | (5) | (1) | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.680 | Annual | 04/25/2029 | PLN | 7700 | 0 | 35 | 35 | 0 | (1) |
| Receive | 3-Month PLN-WIBOR | 5.000 | Annual | 04/25/2029 |  | 33400 | 0 | (259) | (259) | 5 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.820 | Annual | 07/25/2029 |  | 33200 | 0 | (299) | (299) | 5 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.930 | Annual | 07/25/2029 |  | 23200 | 0 | (223) | (223) | 3 | 0 |
| Receive | 3-Month PLN-WIBOR | 5.010 | Annual | 07/25/2029 |  | 31600 | 0 | (332) | (332) | 5 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.794 | Annual | 10/25/2029 |  | 1200 | 0 | 15 | 15 | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.855 | Annual | 02/10/2030 |  | 51000 | 46 | 268 | 314 | 0 | (8) |
| Pay | 3-Month PLN-WIBOR | 4.075 | Annual | 04/11/2030 |  | 27700 | 36 | (105) | (69) | 0 | (5) |
| Receive | 3-Month PLN-WIBOR | 4.015 | Annual | 04/17/2030 |  | 21900 | 0 | 68 | 68 | 4 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.019 | Annual | 04/18/2030 |  | 21600 | 0 | 65 | 65 | 4 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.048 | Annual | 04/18/2030 |  | 10800 | 0 | 29 | 29 | 2 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.049 | Annual | 04/18/2030 |  | 15600 | 0 | 41 | 41 | 3 | 0 |
| Receive | 3-Month PLN-WIBOR | 4.065 | Annual | 04/18/2030 |  | 10800 | 0 | 27 | 27 | 2 | 0 |
| Pay | 3-Month PLN-WIBOR | 3.962 | Annual | 05/06/2030 |  | 25100 | (53) | (34) | (87) | 0 | (5) |
| Pay | 3-Month PLN-WIBOR | 4.760 | Annual | 10/25/2033 |  | 7100 | 0 | 79 | 79 | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.850 | Annual | 10/25/2033 |  | 16000 | 0 | 205 | 205 | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 4.970 | Annual | 10/25/2033 |  | 2900 | 0 | 44 | 44 | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 5.055 | Annual | 10/25/2033 |  | 19100 | 0 | 356 | 356 | 0 | 0 |
| Pay | 3-Month PLN-WIBOR | 5.155 | Annual | 10/25/2034 |  | 23900 | 0 | 490 | 490 | 0 | (2) |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 24 | 36 | 60 | 68 | 101 | 133 | 162 | 194 | 223 |
| Receive | 3-Month SEK-STIBOR | 2.021 | Annual | 10/07/2029 | SEK | 293900 | (9) | (183) | (192) | 0 | (34) |
| Pay | 3-Month SEK-STIBOR | 2.298 | Annual | 10/07/2029 |  | 291800 | 1 | 601 | 602 | 35 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.100 | Quarterly | 06/05/2026 | ZAR | 94500 | 0 | (52) | (52) | 0 | (1) |
| Pay | 3-Month ZAR-JIBAR | 6.690 | Quarterly | 11/04/2026 |  | 257500 | (362) | 280 | (82) | 3 | 0 |
| Receive | 3-Month ZAR-JIBAR | 9.290 | Quarterly | 05/26/2028 |  | 138000 | (352) | (126) | (478) | 0 | (11) |
| Pay | 3-Month ZAR-JIBAR | 8.440 | Quarterly | 11/02/2028 |  | 101700 | 79 | 167 | 246 | 11 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.410 | Quarterly | 11/10/2028 |  | 145200 | (103) | (240) | (343) | 0 | (15) |
| Receive | 3-Month ZAR-JIBAR | 8.140 | Quarterly | 11/16/2028 |  | 41400 | (6) | (72) | (78) | 0 | (4) |
| Pay | 3-Month ZAR-JIBAR | 7.560 | Quarterly | 08/23/2029 |  | 238000 | (62) | 255 | 193 | 33 | 0 |
| Pay | 3-Month ZAR-JIBAR | 7.980 | Quarterly | 01/31/2030 |  | 263400 | 0 | 438 | 438 | 40 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.355 | Quarterly | 01/31/2030 |  | 45700 | (26) | 141 | 115 | 7 | 0 |
| Receive | 3-Month ZAR-JIBAR | 8.820 | Quarterly | 01/31/2030 |  | 312300 | (722) | (399) | (1121) | 0 | (49) |
| Pay | 3-Month ZAR-JIBAR | 7.730 | Quarterly | 03/12/2030 |  | 131400 | (16) | 156 | 140 | 20 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.775 | Quarterly | 03/18/2030 |  | 154000 | 0 | (178) | (178) | 0 | (24) |
| Receive | 3-Month ZAR-JIBAR | 7.810 | Quarterly | 03/27/2030 |  | 125500 | (24) | (130) | (154) | 0 | (20) |
| Pay | 3-Month ZAR-JIBAR | 7.570 | Quarterly | 05/27/2030 |  | 64800 | 0 | 40 | 40 | 10 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.700 | Quarterly | 06/18/2030 |  | 338710 | (102) | (206) | (308) | 0 | (55) |
| Pay | 3-Month ZAR-JIBAR | 7.860 | Quarterly | 06/18/2030 |  | 242800 | (6) | 319 | 313 | 40 | 0 |
| Receive | 3-Month ZAR-JIBAR | 7.650 | Quarterly | 06/20/2030 |  | 169358 | (49) | (84) | (133) | 0 | (28) |
| Pay | 3-Month ZAR-JIBAR | 7.810 | Quarterly | 06/20/2030 |  | 65896 | 0 | 77 | 77 | 11 | 0 |
| Pay<sup>(5)</sup> | 3-Month ZAR-JIBAR | 7.370 | Quarterly | 08/26/2030 |  | 85900 | 0 | 3 | 3 | 14 | 0 |
| Pay<sup>(5)</sup> | 3-Month ZAR-JIBAR | 7.560 | Quarterly | 09/22/2030 |  | 83950 | 0 | 36 | 36 | 15 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.160 | Quarterly | 03/31/2032 |  | 24200 | 0 | 32 | 32 | 6 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.190 | Quarterly | 03/31/2032 |  | 69900 | 0 | 100 | 100 | 17 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.872 | Quarterly | 07/24/2034 |  | 35600 | 28 | 63 | 91 | 12 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.800 | Semi-Annual | 02/13/2026 | CLP | 4399100 | 1 | 1 | 2 | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 4.775 | Semi-Annual | 02/23/2026 |  | 23512800 | 121 | (107) | 14 | 3 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.360 | Semi-Annual | 06/28/2026 |  | 23540000 | 0 | 234 | 234 | 2 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.960 | Semi-Annual | 03/19/2027 |  | 5258800 | 0 | (50) | (50) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 3.731 | Semi-Annual | 07/20/2028 |  | 7185000 | 491 | (285) | 206 | 0 | (4) |
| Pay | 6-Month CLP-CHILIBOR | 4.540 | Semi-Annual | 10/01/2028 |  | 2719700 | 0 | 2 | 2 | 2 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.160 | Semi-Annual | 10/01/2028 |  | 1343200 | (28) | (3) | (31) | 0 | (1) |
| Receive | 6-Month CLP-CHILIBOR | 5.220 | Semi-Annual | 10/01/2028 |  | 2906700 | (68) | (4) | (72) | 0 | (2) |
| Receive | 6-Month CLP-CHILIBOR | 5.920 | Semi-Annual | 10/02/2028 |  | 3855000 | (204) | 13 | (191) | 0 | (3) |
| Receive | 6-Month CLP-CHILIBOR | 6.000 | Semi-Annual | 10/02/2028 |  | 7589000 | (427) | 29 | (398) | 0 | (6) |
| Receive | 6-Month CLP-CHILIBOR | 5.780 | Semi-Annual | 10/03/2028 |  | 2718600 | (128) | 7 | (121) | 0 | (2) |
| Pay | 6-Month CLP-CHILIBOR | 5.500 | Semi-Annual | 11/13/2028 |  | 4461100 | 87 | 68 | 155 | 3 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.050 | Semi-Annual | 07/19/2029 |  | 4076800 | 2 | 78 | 80 | 3 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.280 | Semi-Annual | 02/28/2030 |  | 21446500 | (271) | (386) | (657) | 0 | (20) |
| Pay | 6-Month CLP-CHILIBOR | 5.285 | Semi-Annual | 03/19/2030 |  | 2552200 | 0 | 78 | 78 | 2 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.500 | Semi-Annual | 03/19/2030 |  | 1651000 | 0 | 68 | 68 | 2 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.550 | Semi-Annual | 03/19/2030 |  | 156550 | 0 | 7 | 7 | 0 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.750 | Semi-Annual | 04/10/2030 |  | 12581900 | 0 | (56) | (56) | 0 | (11) |
| Pay | 6-Month CLP-CHILIBOR | 4.690 | Semi-Annual | 06/18/2030 |  | 5426900 | 0 | 8 | 8 | 5 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 4.715 | Semi-Annual | 06/18/2030 |  | 5081300 | 0 | (14) | (14) | 0 | (5) |
| Pay | 6-Month CLP-CHILIBOR | 5.150 | Semi-Annual | 06/18/2030 |  | 6054800 | 1 | 143 | 144 | 6 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.180 | Semi-Annual | 06/18/2030 |  | 4571400 | 0 | 115 | 115 | 4 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.070 | Semi-Annual | 06/24/2031 |  | 9480000 | 0 | 162 | 162 | 6 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.970 | Semi-Annual | 06/18/2032 |  | 3919500 | 0 | 30 | 30 | 5 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 6.146 | Semi-Annual | 10/30/2032 |  | 18995000 | (1736) | 84 | (1652) | 0 | (26) |
| Receive | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 04/01/2033 |  | 2078800 | (77) | 5 | (72) | 0 | (3) |
| Pay | 6-Month CLP-CHILIBOR | 5.560 | Semi-Annual | 04/01/2033 |  | 1651000 | 0 | 77 | 77 | 2 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.660 | Semi-Annual | 04/01/2033 |  | 1555000 | 0 | 83 | 83 | 2 | 0 |
| Receive<sup>(5)</sup> | 6-Month CLP-CHILIBOR | 5.250 | Annual | 05/13/2033 |  | 3525300 | 0 | 12 | 12 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 24 | 36 | 60 | 68 | 101 | 133 | 162 | 194 | 223 |
| Receive | 6-Month CLP-CHILIBOR | 5.300 | Semi-Annual | 05/18/2033 |  | 2201210 | (63) | 4 | (59) | 0 | (3) |
| Receive | 6-Month CLP-CHILIBOR | 5.360 | Semi-Annual | 05/18/2033 |  | 1393000 | (46) | 3 | (43) | 0 | (2) |
| Receive | 6-Month CLP-CHILIBOR | 5.790 | Semi-Annual | 10/06/2033 |  | 5204000 | (343) | 13 | (330) | 0 | (7) |
| Receive | 6-Month CLP-CHILIBOR | 5.940 | Semi-Annual | 10/20/2033 |  | 1185100 | (92) | 4 | (88) | 0 | (2) |
| Receive | 6-Month CLP-CHILIBOR | 5.990 | Semi-Annual | 10/20/2033 |  | 11005540 | (896) | 34 | (862) | 0 | (15) |
| Receive | 6-Month CLP-CHILIBOR | 6.235 | Semi-Annual | 10/26/2033 |  | 3462700 | (349) | 13 | (336) | 0 | (5) |
| Pay | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 11/16/2033 |  | 2437000 | 84 | (4) | 80 | 3 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.230 | Semi-Annual | 11/17/2033 |  | 4836500 | 102 | (6) | 96 | 6 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.920 | Semi-Annual | 02/13/2034 |  | 1050300 | (2) | (4) | (6) | 1 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.030 | Semi-Annual | 02/23/2034 |  | 5540500 | (51) | 70 | 19 | 8 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.313 | Semi-Annual | 04/25/2034 |  | 5249900 | 0 | 131 | 131 | 8 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.360 | Semi-Annual | 04/26/2034 |  | 5158800 | 0 | 148 | 148 | 8 | 0 |
| Pay<sup>(5)</sup> | 6-Month CLP-CHILIBOR | 5.750 | Annual | 05/13/2034 |  | 3609000 | 0 | (2) | (2) | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.450 | Semi-Annual | 06/28/2034 |  | 5759000 | 0 | (211) | (211) | 0 | (8) |
| Pay | 6-Month CLP-CHILIBOR | 5.400 | Semi-Annual | 07/03/2034 |  | 3768300 | 0 | 122 | 122 | 6 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.890 | Semi-Annual | 10/01/2034 |  | 2141900 | 0 | (27) | (27) | 3 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.440 | Semi-Annual | 02/28/2035 |  | 6101000 | 0 | 196 | 196 | 11 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.120 | Semi-Annual | 06/18/2035 |  | 1953200 | 0 | 3 | 3 | 3 | 0 |
| Pay | 6-Month CZK-PRIBOR | 4.611 | Annual | 06/06/2028 | CZK | 318230 | 465 | (7) | 458 | 0 | (29) |
| Pay | 6-Month CZK-PRIBOR | 4.388 | Annual | 11/15/2028 |  | 479700 | 644 | 480 | 1124 | 0 | (52) |
| Pay | 6-Month CZK-PRIBOR | 3.765 | Annual | 01/09/2029 |  | 215600 | 60 | 0 | 60 | 0 | (25) |
| Pay | 6-Month CZK-PRIBOR | 3.645 | Annual | 02/01/2029 |  | 615200 | 0 | 48 | 48 | 0 | (72) |
| Receive | 6-Month CZK-PRIBOR | 3.534 | Annual | 03/21/2029 |  | 140600 | 0 | 15 | 15 | 17 | 0 |
| Pay | 6-Month CZK-PRIBOR | 4.250 | Annual | 04/18/2029 |  | 166500 | 205 | (9) | 196 | 0 | (20) |
| Receive | 6-Month CZK-PRIBOR | 4.130 | Annual | 06/03/2029 |  | 174800 | 1 | (170) | (169) | 23 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.530 | Annual | 07/15/2029 |  | 320500 | 0 | (217) | (217) | 42 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.580 | Annual | 10/25/2029 |  | 417000 | (5) | 340 | 335 | 0 | (57) |
| Pay | 6-Month CZK-PRIBOR | 3.365 | Annual | 11/28/2029 |  | 239200 | (165) | 243 | 78 | 0 | (34) |
| Receive | 6-Month CZK-PRIBOR | 3.550 | Annual | 01/24/2030 |  | 160300 | (23) | 54 | 31 | 23 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.470 | Annual | 02/05/2030 |  | 401200 | 16 | (160) | (144) | 0 | (58) |
| Receive | 6-Month CZK-PRIBOR | 3.130 | Annual | 04/09/2030 |  | 445700 | 125 | 360 | 485 | 64 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.145 | Annual | 04/09/2030 |  | 156700 | (27) | (138) | (165) | 0 | (23) |
| Receive | 6-Month CZK-PRIBOR | 3.290 | Annual | 04/30/2030 |  | 79900 | 0 | 59 | 59 | 12 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.258 | Annual | 05/05/2030 |  | 97300 | 0 | 79 | 79 | 14 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.315 | Annual | 05/06/2030 |  | 108800 | 0 | 74 | 74 | 16 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.325 | Annual | 05/06/2030 |  | 274100 | 0 | 181 | 181 | 40 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.405 | Annual | 05/14/2030 |  | 124300 | 0 | 59 | 59 | 18 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.485 | Annual | 05/16/2030 |  | 95700 | 0 | 29 | 29 | 14 | 0 |
| Pay | 6-Month CZK-PRIBOR | 3.363 | Annual | 05/29/2030 |  | 312800 | 0 | (179) | (179) | 0 | (47) |
| Pay | 6-Month CZK-PRIBOR | 4.220 | Annual | 03/21/2033 |  | 271100 | 559 | (140) | 419 | 0 | (52) |
| Receive | 6-Month CZK-PRIBOR | 3.524 | Annual | 02/16/2034 |  | 364200 | (2) | 373 | 371 | 77 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.528 | Annual | 07/29/2034 |  | 114700 | 0 | 32 | 32 | 25 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.566 | Annual | 07/30/2034 |  | 44300 | 0 | 5 | 5 | 10 | 0 |

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------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 17 | 24 | 36 | 60 | 68 | 101 | 133 | 162 | 194 | 223 |
| Receive | 6-Month CZK-PRIBOR | 3.475 | Annual | 07/31/2034 |  | 44300 | 0 | 22 | 22 | 10 | 0 |
| Receive | 6-Month CZK-PRIBOR | 3.445 | Annual | 08/01/2034 |  | 74700 | 0 | 45 | 45 | 16 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.287 | Annual | 11/25/2029 | EUR | 2400 | 0 | (41) | (41) | 3 | 0 |
| Pay<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 500 | 0 | (1) | (1) | 0 | (1) |
| Pay | 6-Month HUF-BBR | 1.243 | Annual | 09/08/2025 | HUF | 4421600 | (983) | 718 | (265) | 0 | (2) |
| Pay | 6-Month HUF-BBR | 2.420 | Annual | 08/02/2026 |  | 5709600 | (1283) | 516 | (767) | 0 | (1) |
| Pay | 6-Month HUF-BBR | 4.790 | Annual | 01/17/2027 |  | 11376280 | (797) | (159) | (956) | 24 | 0 |
| Receive | 6-Month HUF-BBR | 8.700 | Annual | 01/16/2028 |  | 6147700 | (1921) | 645 | (1276) | 0 | (14) |
| Pay | 6-Month HUF-BBR | 7.330 | Annual | 11/06/2028 |  | 2500100 | 504 | 53 | 557 | 5 | 0 |
| Receive | 6-Month HUF-BBR | 5.440 | Annual | 01/15/2029 |  | 1473600 | 9 | 94 | 103 | 0 | (4) |
| Receive | 6-Month HUF-BBR | 6.450 | Annual | 06/06/2029 |  | 519900 | 0 | (21) | (21) | 0 | (2) |
| Receive | 6-Month HUF-BBR | 6.299 | Annual | 06/10/2029 |  | 941300 | 0 | (24) | (24) | 0 | (4) |
| Pay | 6-Month HUF-BBR | 6.090 | Annual | 10/21/2029 |  | 8084100 | (385) | 1101 | 716 | 31 | 0 |
| Pay | 6-Month HUF-BBR | 6.079 | Annual | 10/22/2029 |  | 1089100 | (60) | 154 | 94 | 4 | 0 |
| Pay | 6-Month HUF-BBR | 1.760 | Annual | 01/21/2030 |  | 1937700 | (1030) | (51) | (1081) | 7 | 0 |
| Pay | 6-Month HUF-BBR | 6.363 | Annual | 01/31/2030 |  | 4291500 | 0 | 121 | 121 | 22 | 0 |
| Pay | 6-Month HUF-BBR | 6.430 | Annual | 02/04/2030 |  | 2715500 | 0 | 100 | 100 | 14 | 0 |
| Pay | 6-Month HUF-BBR | 6.511 | Annual | 02/05/2030 |  | 5127600 | 0 | 241 | 241 | 26 | 0 |
| Pay | 6-Month HUF-BBR | 6.392 | Annual | 03/11/2030 |  | 3054800 | 0 | 98 | 98 | 14 | 0 |
| Pay | 6-Month HUF-BBR | 6.650 | Annual | 03/13/2030 |  | 1331700 | 0 | 86 | 86 | 6 | 0 |
| Receive | 6-Month HUF-BBR | 6.265 | Annual | 04/08/2030 |  | 1040000 | 0 | (17) | (17) | 0 | (5) |
| Receive | 6-Month HUF-BBR | 6.250 | Annual | 04/09/2030 |  | 1710300 | 13 | (38) | (25) | 0 | (8) |
| Pay | 6-Month HUF-BBR | 5.875 | Annual | 05/09/2030 |  | 3322000 | (83) | (21) | (104) | 16 | 0 |
| Pay | 6-Month HUF-BBR | 5.890 | Annual | 05/09/2030 |  | 3802500 | 0 | (112) | (112) | 19 | 0 |
| Pay | 6-Month HUF-BBR | 6.270 | Annual | 06/16/2030 |  | 3926900 | 3 | 72 | 75 | 23 | 0 |
| Receive | 6-Month HUF-BBR | 6.210 | Annual | 06/26/2030 |  | 15321900 | 9 | (194) | (185) | 0 | (95) |
| Pay | 6-Month HUF-BBR | 2.680 | Annual | 06/29/2031 |  | 1905500 | (946) | (21) | (967) | 14 | 0 |
| Receive | 6-Month HUF-BBR | 6.265 | Annual | 04/28/2032 |  | 83600 | 0 | 0 | 0 | 0 | (1) |
| Receive | 6-Month HUF-BBR | 6.270 | Annual | 04/28/2032 |  | 3200000 | 0 | 7 | 7 | 0 | (27) |
| Receive | 6-Month HUF-BBR | 6.100 | Annual | 02/08/2034 |  | 1362200 | 0 | 97 | 97 | 0 | (12) |
| Receive | 6-Month HUF-BBR | 6.580 | Annual | 05/16/2035 |  | 167500 | 0 | (1) | (1) | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 5.520 | Annual | 03/20/2026 | PLN | 7500 | 22 | (18) | 4 | 0 | 0 |
| Pay | 6-Month PLN-WIBOR | 1.460 | Annual | 05/28/2026 |  | 16700 | (308) | 160 | (148) | 0 | 0 |
| Pay | 6-Month PLN-WIBOR | 5.158 | Annual | 03/22/2027 |  | 155800 | (121) | 538 | 417 | 12 | 0 |
| Receive | 6-Month PLN-WIBOR | 5.175 | Annual | 03/24/2027 |  | 48900 | (183) | 47 | (136) | 0 | (4) |
| Receive | 6-Month PLN-WIBOR | 5.470 | Annual | 04/08/2027 |  | 76800 | (464) | 92 | (372) | 0 | (6) |
| Receive | 6-Month PLN-WIBOR | 5.960 | Annual | 04/25/2027 |  | 82900 | (815) | 148 | (667) | 0 | (4) |
| Receive | 6-Month PLN-WIBOR | 4.910 | Annual | 07/25/2027 |  | 6320 | (15) | (42) | (57) | 0 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.735 | Annual | 10/09/2028 |  | 38600 | (91) | (311) | (402) | 4 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.560 | Annual | 11/06/2028 |  | 59900 | (25) | (530) | (555) | 8 | 0 |
| Pay | 6-Month PLN-WIBOR | 4.440 | Annual | 01/09/2029 |  | 52900 | (12) | 36 | 24 | 0 | (7) |
| Pay | 6-Month PLN-WIBOR | 4.730 | Annual | 02/16/2029 |  | 23000 | 0 | 84 | 84 | 0 | (3) |
| Pay | 6-Month PLN-WIBOR | 4.810 | Annual | 02/16/2029 |  | 27800 | 0 | 125 | 125 | 0 | (4) |
| Pay | 6-Month PLN-WIBOR | 4.660 | Annual | 02/19/2029 |  | 22200 | 0 | 66 | 66 | 0 | (3) |
| Pay | 6-Month PLN-WIBOR | 4.970 | Annual | 03/21/2029 |  | 45900 | 9 | 284 | 293 | 0 | (6) |
| Pay | 6-Month PLN-WIBOR | 5.020 | Annual | 03/21/2029 |  | 12500 | 0 | 86 | 86 | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 4.923 | Annual | 03/22/2029 |  | 54800 | (21) | 346 | 325 | 0 | (7) |
| Receive | 6-Month PLN-WIBOR | 4.510 | Annual | 04/25/2029 |  | 63600 | 0 | (179) | (179) | 10 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.545 | Annual | 04/25/2029 |  | 33300 | 0 | (105) | (105) | 5 | 0 |
| Pay | 6-Month PLN-WIBOR | 5.105 | Annual | 07/12/2029 |  | 6800 | 0 | 106 | 106 | 0 | (1) |
| Pay | 6-Month PLN-WIBOR | 4.865 | Annual | 07/18/2029 |  | 18300 | 0 | 230 | 230 | 0 | (3) |
| Pay | 6-Month PLN-WIBOR | 4.750 | Annual | 08/02/2029 |  | 17600 | 0 | 195 | 195 | 0 | (3) |
| Receive | 6-Month PLN-WIBOR | 4.259 | Annual | 08/08/2029 |  | 16100 | 0 | (79) | (79) | 3 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.388 | Annual | 08/09/2029 |  | 23800 | 0 | (155) | (155) | 4 | 0 |
| Receive | 6-Month PLN-WIBOR | 4.415 | Annual | 08/12/2029 |  | 29100 | 0 | (198) | (198) | 5 | 0 |
| Pay | 6-Month PLN-WIBOR | 4.560 | Annual | 09/02/2029 |  | 13700 | (16) | 135 | 119 | 0 | (2) |
| Receive | 6-Month PLN-WIBOR | 5.220 | Annual | 03/20/2033 |  | 14700 | (166) | (43) | (209) | 0 | (1) |
| Receive | 6-Month PLN-WIBOR | 5.310 | Annual | 03/21/2033 |  | 29200 | (379) | (87) | (466) | 0 | (3) |
| Receive | 6-Month PLN-WIBOR | 4.740 | Annual | 10/25/2033 |  | 16800 | (38) | (170) | (208) | 0 | 0 |
| Pay | 28-Day MXN-TIIE | 9.295 | Lunar | 12/29/2025 | MXN | 41400 | 0 | 13 | 13 | 0 | 0 |
| Pay | 28-Day MXN-TIIE | 8.075 | Lunar | 03/17/2027 |  | 334900 | 0 | 162 | 162 | 18 | 0 |
| Pay<sup>(5)</sup> | 28-Day MXN-TIIE | 9.295 | Lunar | 10/30/2028 |  | 41400 | 21 | 65 | 86 | 4 | 0 |
| Pay | 28-Day MXN-TIIE | 7.760 | Lunar | 03/01/2029 |  | 162000 | 0 | 51 | 51 | 19 | 0 |
| Receive | 28-Day MXN-TIIE | 8.250 | Lunar | 03/01/2029 |  | 79000 | (59) | (33) | (92) | 0 | (9) |
| Pay | 28-Day MXN-TIIE | 9.065 | Lunar | 03/01/2029 |  | 428400 | 0 | 1101 | 1101 | 52 | 0 |
| Pay | 28-Day MXN-TIIE | 7.790 | Lunar | 05/31/2029 |  | 189000 | 0 | 62 | 62 | 23 | 0 |
| Pay | 28-Day MXN-TIIE | 7.820 | Lunar | 05/31/2029 |  | 195900 | 0 | 75 | 75 | 24 | 0 |
| Pay | 28-Day MXN-TIIE | 7.825 | Lunar | 05/31/2029 |  | 186200 | 0 | 73 | 73 | 23 | 0 |
| Receive | 28-Day MXN-TIIE | 8.485 | Lunar | 05/31/2029 |  | 163200 | (185) | (79) | (264) | 0 | (20) |
| Receive | 28-Day MXN-TIIE | 8.495 | Lunar | 05/31/2029 |  | 486700 | 0 | (797) | (797) | 0 | (60) |
| Pay | 28-Day MXN-TIIE | 8.620 | Lunar | 12/05/2029 |  | 256800 | 0 | 511 | 511 | 37 | 0 |
| Receive | 28-Day MXN-TIIE | 8.665 | Lunar | 12/11/2029 |  | 179900 | 0 | (376) | (376) | 0 | (26) |
| Pay | 28-Day MXN-TIIE | 8.800 | Lunar | 12/12/2029 |  | 284900 | 120 | 556 | 676 | 42 | 0 |
| Receive | 28-Day MXN-TIIE | 8.950 | Lunar | 12/17/2029 |  | 96700 | 0 | (259) | (259) | 0 | (14) |
| Pay | 28-Day MXN-TIIE | 9.135 | Lunar | 12/27/2029 |  | 83900 | 0 | 257 | 257 | 12 | 0 |
| Pay | 28-Day MXN-TIIE | 9.150 | Lunar | 12/31/2029 |  | 27600 | 0 | 85 | 85 | 4 | 0 |
| Receive | 28-Day MXN-TIIE | 9.180 | Lunar | 01/08/2030 |  | 117800 | 0 | (376) | (376) | 0 | (18) |
| Pay | 28-Day MXN-TIIE | 8.650 | Lunar | 01/31/2030 |  | 28000 | 0 | 58 | 58 | 4 | 0 |
| Receive | 28-Day MXN-TIIE | 8.267 | Lunar | 02/28/2030 |  | 679400 | 0 | (877) | (877) | 0 | (104) |
| Pay | 28-Day MXN-TIIE | 8.360 | Lunar | 03/13/2030 |  | 21200 | 0 | 32 | 32 | 3 | 0 |
| Receive | 28-Day MXN-TIIE | 8.480 | Lunar | 03/13/2030 |  | 51300 | 0 | (90) | (90) | 0 | (8) |
| Receive | 28-Day MXN-TIIE | 8.595 | Lunar | 03/13/2030 |  | 357000 | 0 | (712) | (712) | 0 | (56) |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 4 | 14 | 17 | 24 | 34 | 53 | 88 | 99 | 104 | 131 | 147 | 160 | 162 | 192 | 194 | 207 | 221 | 223 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.720 | Lunar | Lunar | 04/01/2030 | 100400 |  | 0 |  | 9 |  | 9 |  | 16 | 16 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.750 | Lunar | Lunar | 04/01/2030 | 162000 |  | 7 |  | 19 |  | 26 |  | 25 | 25 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.775 | Lunar | Lunar | 04/01/2030 | 140300 |  | 0 |  | 30 |  | 30 |  | 22 | 22 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.790 | Lunar | Lunar | 04/01/2030 | 60100 |  | 0 |  | 15 |  | 15 |  | 9 | 9 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.582 | Lunar | Lunar | 04/02/2030 | 294100 |  | 0 |  | (60) |  | (60) |  | 46 | 46 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.748 | Lunar | Lunar | 04/02/2030 | 63100 |  | 0 |  | 10 |  | 10 |  | 10 | 10 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.753 | Lunar | Lunar | 04/16/2030 | 304700 |  | 0 |  | 53 |  | 53 |  | 47 | 47 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.775 | Lunar | Lunar | 06/12/2030 | 171700 |  | 0 |  | (35) |  | (35) |  | 0 | 0 |  | (28) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.790 | Lunar | Lunar | 06/12/2030 | 147000 |  | 0 |  | (35) |  | (35) |  | 0 | 0 |  | (24) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.800 | Lunar | Lunar | 06/12/2030 | 464400 |  | 0 |  | (120) |  | (120) |  | 0 | 0 |  | (75) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.936 | Lunar | Lunar | 06/12/2030 | 389600 |  | (33) |  | (186) |  | (219) |  | 0 | 0 |  | (63) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.290 | Lunar | Lunar | 02/27/2032 | 53500 |  | 0 |  | 68 |  | 68 |  | 10 | 10 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.545 | Lunar | Lunar | 11/23/2034 | 60700 |  | 0 |  | 107 |  | 107 |  | 15 | 15 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.820 | Lunar | Lunar | 11/23/2034 | 78800 |  | 0 |  | (217) |  | (217) |  | 0 | 0 |  | (20) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.131 | Lunar | Lunar | 12/11/2034 | 88600 |  | 0 |  | (344) |  | (344) |  | 0 | 0 |  | (23) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.370 | Lunar | Lunar | 12/21/2034 | 88800 |  | 0 |  | 421 |  | 421 |  | 23 | 23 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.340 | Lunar | Lunar | 12/27/2034 | 124400 |  | 0 |  | 575 |  | 575 |  | 35 | 35 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.295 | Lunar | Lunar | 12/28/2034 | 84000 |  | 0 |  | 375 |  | 375 |  | 22 | 22 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.295 | Lunar | Lunar | 12/29/2034 | 128100 |  | 0 |  | 575 |  | 575 |  | 38 | 38 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.855 | Lunar | Lunar | 02/09/2035 | 212900 |  | 0 |  | (611) |  | (611) |  | 0 | 0 |  | (55) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.515 | Lunar | Lunar | 02/22/2035 | 138300 |  | 0 |  | (224) |  | (224) |  | 0 | 0 |  | (35) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.270 | Lunar | Lunar | 03/07/2035 | 33000 |  | 1 |  | 23 |  | 24 |  | 8 | 8 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.640 | Lunar | Lunar | 03/07/2035 | 92000 |  | 0 |  | (191) |  | (191) |  | 0 | 0 |  | (24) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.655 | Lunar | Lunar | 03/07/2035 | 68900 |  | 0 |  | (147) |  | (147) |  | 0 | 0 |  | (18) |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.740 | Lunar | Lunar | 03/07/2035 | 34400 |  | 0 |  | (84) |  | (84) |  | 0 | 0 |  | (9) |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.365 | Lunar | Lunar | 03/28/2035 | 35500 |  | 0 |  | 37 |  | 37 |  | 9 | 9 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.285 | Lunar | Lunar | 06/06/2035 | 102400 |  | 0 |  | (75) |  | (75) |  | 0 | 0 |  | (27) |
|  |  |  |  |  |  |  |  | $ | $(5395) | (5395) | $(8613) | (8613) | $(14008) | (14008) | $5249 | 5249 | 5249 | $(4921) | (4921) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**(5334)** | **(5334)** | $**(8622)** | **(8622)** | $**(13956)** | **(13956)** | $**5249** | **5249** | **5249** | $**(4922)** | **(4922)** |
| **(n)** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,787 and cash of $30,154 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(o)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | AUD | 1437 | 1437 | $ | $933 | 933 | 933 | 0 | 0 | 0 | 0 | $(12) | (12) | (12) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 21098 | 21098 |  | 24703 | 24703 | 24703 | 0 | 0 | 0 | 0 | (149) | (149) | (149) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $739 | 739 | CNH | 5323 | 5323 | 5323 | 6 | 6 | 6 | 6 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 519 | 519 | NZD | 863 | 863 | 863 | 7 | 7 | 7 | 7 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 863 | 863 | $ | $520 | 520 | 520 | 0 | 0 | 0 | 0 | (7) | (7) | (7) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $934 | 934 | AUD | 1437 | 1437 | 1437 | 12 | 12 | 12 | 12 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 18458 | 18458 | CNH | 131865 | 131865 | 131865 | 33 | 33 | 33 | 33 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 24757 | 24757 | EUR | 21098 | 21098 | 21098 | 149 | 149 | 149 | 149 | 0 | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  | 09/2025  | PHP | 403237 | 403237 | $ | $7208 | 7208 | 7208 | 60 | 60 | 60 | 60 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | BRL | 54153 | 54153 |  | 9753 | 9753 | 9753 | 0 | 0 | 0 | 0 | (214) | (214) | (214) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | DOP | 275895 | 275895 |  | 4619 | 4619 | 4619 | 25 | 25 | 25 | 25 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 30920 | 30920 |  | 35158 | 35158 | 35158 | 0 | 0 | 0 | 0 | (1265) | (1265) | (1265) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | IDR | 70509303 | 70509303 |  | 4321 | 4321 | 4321 | 0 | 0 | 0 | 0 | (27) | (27) | (27) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | MYR | 79207 | 79207 |  | 18651 | 18651 | 18651 | 0 | 0 | 0 | 0 | (150) | (150) | (150) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PEN | 11900 | 11900 |  | 3275 | 3275 | 3275 | 0 | 0 | 0 | 0 | (83) | (83) | (83) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SGD | 22 | 22 |  | 17 | 17 | 17 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $9707 | 9707 | BRL | 54153 | 54153 | 54153 | 260 | 260 | 260 | 260 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 975 | 975 | KRW | 1329772 | 1329772 | 1329772 | 8 | 8 | 8 | 8 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 18238 | 18238 | MYR | 77272 | 77272 | 77272 | 104 | 104 | 104 | 104 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 2316 | 2316 | PLN | 8387 | 8387 | 8387 | 10 | 10 | 10 | 10 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 881 | 881 | UYU | 35962 | 35962 | 35962 | 18 | 18 | 18 | 18 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 2905 | 2905 | $ | $406 | 406 | 406 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CZK | 389617 | 389617 |  | 18147 | 18147 | 18147 | 0 | 0 | 0 | 0 | (444) | (444) | (444) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | DOP | 22516 | 22516 |  | 376 | 376 | 376 | 3 | 3 | 3 | 3 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | HUF | 1198493 | 1198493 | EUR | 2964 | 2964 | 2964 | 0 | 0 | 0 | 0 | (17) | (17) | (17) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 207 | 207 | $ | $6 | 6 | 6 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $12166 | 12166 | CNH | 87373 | 87373 | 87373 | 85 | 85 | 85 | 85 | 0 | 0 | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 104 | 159 | 207 |
|  | 08/2025  | 17 | 22 | 0 | 0 |
|  | 09/2025  | 9718415 | $2337 | 0 | (22) |
|  | 09/2025  | 82330 | 4325 | 0 | (27) |
|  | 09/2025  | $2799 | 54304 | 71 | 0 |
|  | 10/2025  | 23424 | $6340 | 0 | (249) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 240558 | 44047 | 0 | (230) |
|  | 07/2025  | 55752 | 7778 | 0 | (5) |
|  | 07/2025  | 26747233 | 6541 | 11 | 0 |
|  | 07/2025  | 772700 | 5367 | 2 | 0 |
|  | 07/2025  | 10927 | 2993 | 0 | (91) |
|  | 07/2025  | 44734 | 10268 | 0 | (94) |
|  | 07/2025  | 15348 | 472 | 0 | (1) |
|  | 07/2025  | 75529 | 1852 | 0 | (14) |
|  | 07/2025  | 45298 | 1394 | 0 | (166) |
|  | 07/2025  | $42135 | 240558 | 2141 | 0 |
|  | 07/2025  | 3708 | 26561 | 3 | 0 |
|  | 07/2025  | 3568 | 25540 | 7 | 0 |
|  | 07/2025  | 7743 | 126493850 | 57 | 0 |
|  | 07/2025  | 1098 | 156900 | 0 | (8) |
|  | 07/2025  | 11341 | 48159 | 87 | 0 |
|  | 07/2025  | 369 | 1615 | 5 | 0 |
|  | 07/2025  | 36678 | 1190182 | 1 | (60) |
|  | 07/2025  | 1236 | 50010 | 15 | 0 |
|  | 08/2025  | 532 | $96 | 0 | (1) |
|  | 08/2025  | 48135 | 6622 | 0 | (128) |
|  | 08/2025  | 848 | 38 | 0 | (2) |
|  | 08/2025  | 58811 | 409 | 0 | (1) |
|  | 08/2025  | 204712 | 4926 | 0 | (56) |
|  | 08/2025  | 37963 | 1165 | 0 | (155) |
|  | 08/2025  | $44211 | 318093 | 397 | (3) |
|  | 08/2025  | 8396 | 59994 | 16 | 0 |
|  | 08/2025  | 3522 | 78412 | 220 | 0 |
|  | 08/2025  | 372 | 129983 | 11 | 0 |
|  | 08/2025  | 13327 | 1151109 | 75 | (1) |
|  | 08/2025  | 6566 | 194311 | 189 | 0 |
|  | 09/2025  | 2073395 | $502 | 0 | 0 |
|  | 09/2025  | $1399 | 5071 | 30 | 0 |
|  | 10/2025  | 87700 | $14309 | 0 | (1465) |
|  | 10/2025  | 5166 | 5554 | 0 | (576) |
|  | 05/2026  | $4420 | 1347 | 0 | (12) |
|  | 06/2026  | 1501 | 458 | 0 | (2) |
|  | 07/2026  | 757200 | $498 | 8 | 0 |
|  | 06/2027  | $1645 | 499 | 0 | (13) |
|  | 05/2029  | 7247 | $24915 | 1089 | 0 |
|  | 07/2029  | 806 | 2774 | 121 | 0 |
|  | 05/2030  | 4241 | 14605 | 583 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 4464 | 5046 | 0 | (213) |
|  | 07/2025  | 1128 | 334 | 0 | (1) |
|  | 07/2025  | 5057 | 1194 | 0 | (6) |
|  | 07/2025  | 18914 | 5124 | 0 | (212) |
|  | 07/2025  | 468458 | 11476 | 0 | (101) |
|  | 07/2025  | $5966 | 4385 | 53 | 0 |
|  | 07/2025  | 674 | 2346 | 23 | 0 |
|  | 07/2025  | 25 | 3629 | 0 | 0 |
|  | 07/2025  | 11 | 15637 | 0 | 0 |
|  | 07/2025  | 61367 | 259597 | 271 | (19) |
|  | 07/2025  | 87 | 884 | 1 | 0 |
|  | 07/2025  | 19777 | 73807 | 693 | 0 |
|  | 07/2025  | 2826 | 12415 | 50 | 0 |
|  | 07/2025  | 8616 | 278525 | 0 | (48) |
|  | 07/2025  | 20108 | 824182 | 300 | 0 |
|  | 07/2025  | 1909 | 34425 | 32 | 0 |
|  | 07/2025  | 814137 | $45470 | 24 | (468) |
|  | 08/2025  | 109065 | 15163 | 0 | (131) |
|  | 08/2025  | 2964 | 1198523 | 17 | 0 |
|  | 08/2025  | 4385 | $5967 | 0 | (53) |
|  | 08/2025  | $34793 | 773784 | 2128 | 0 |
|  | 08/2025  | 17787 | 739924 | 186 | 0 |
|  | 09/2025  | 22928 | $6317 | 0 | (142) |
|  | 09/2025  | $1711 | 1589553 | 0 | (5) |
|  | 09/2025  | 3808 | 16033367 | 76 | 0 |
|  | 12/2025  | 1433 | 66809 | 25 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 211169 | $38083 | 0 | (784) |
|  | 07/2025  | 63155 | 17115 | 0 | (708) |
|  | 07/2025  | $38538 | 211169 | 329 | 0 |
|  | 07/2025  | 7880 | 28288 | 104 | 0 |
|  | 08/2025  | 38083 | 212778 | 778 | 0 |
|  | 09/2025  | 25755 | $7137 | 0 | (117) |
|  | 09/2025  | $641 | 2327 | 14 | 0 |
|  | 11/2025  | 16456 | $4549 | 0 | (76) |
|  | 11/2025  | $1743 | 6440 | 69 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 30252 | $5414 | 0 | (155) |
|  | 07/2025  | 2800 | 3280 | 0 | (19) |
|  | 07/2025  | 1223118 | 892 | 0 | (13) |
|  | 07/2025  | 45275 | 12305 | 0 | (473) |
|  | 07/2025  | 203873 | 3625 | 6 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 104 | 159 | 207 |
|  | 07/2025  | 1420723 | 43157 | 0 | (546) |
|  | 07/2025  | 231035 | 7555 | 0 | (400) |
|  | 07/2025  | $5544 | 30252 | 24 | 0 |
|  | 07/2025  | 19747 | 141499 | 36 | (1) |
|  | 07/2025  | 3374 | 2936 | 85 | 0 |
|  | 07/2025  | 14378 | 233925327 | 50 | (4) |
|  | 07/2025  | 38929 | 138573 | 187 | (13) |
|  | 07/2025  | 80028 | 2623480 | 762 | 0 |
|  | 07/2025  | 395 | 11704 | 8 | 0 |
|  | 08/2025  | 7816729 | $8140 | 0 | (251) |
|  | 08/2025  | 79119742 | 18972 | 0 | (293) |
|  | 08/2025  | 11797 | 560 | 0 | (3) |
|  | 08/2025  | 15194 | 283 | 0 | (17) |
|  | 08/2025  | 25024 | 6835 | 0 | (219) |
|  | 08/2025  | 87073 | 2672 | 0 | (355) |
|  | 08/2025  | $15197 | 109528 | 162 | 0 |
|  | 08/2025  | 18562 | 132831 | 56 | 0 |
|  | 08/2025  | 46148 | 3977714 | 179 | (19) |
|  | 09/2025  | 2845492 | $3023 | 0 | (31) |
|  | 09/2025  | 39900711 | 9608 | 10 | (66) |
|  | 09/2025  | 137589 | 38587 | 13 | (178) |
|  | 09/2025  | $2143 | 8929881 | 23 | 0 |
|  | 09/2025  | 3901 | 14273 | 120 | 0 |
|  | 10/2025  | 2391 | 11648952 | 422 | 0 |
|  | 12/2025  | 54889 | $15050 | 0 | (367) |
|  | 12/2025  | $714 | 40739 | 54 | 0 |
|  | 02/2026  | 4864 | $340 | 0 | (72) |
|  | 06/2026  | 1564831 | 1030 | 15 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 3674 | 512 | 0 | (1) |
|  | 07/2025  | 494626430 | 30365 | 0 | (134) |
|  | 07/2025  | 186933 | 3317 | 0 | (2) |
|  | 07/2025  | 750699 | 22874 | 0 | (219) |
|  | 07/2025  | 4707 | 158 | 0 | (4) |
|  | 07/2025  | 4281450 | 1173 | 0 | (17) |
|  | 07/2025  | $8528 | 61117 | 19 | 0 |
|  | 07/2025  | 5740 | 40966 | 2 | (8) |
|  | 07/2025  | 8659 | 7464 | 133 | 0 |
|  | 07/2025  | 2379 | 38715846 | 8 | 0 |
|  | 07/2025  | 329 | 1139 | 10 | 0 |
|  | 07/2025  | 2164 | 1133891 | 3 | 0 |
|  | 07/2025  | 5226 | 22183 | 40 | 0 |
|  | 07/2025  | 22906 | 750699 | 234 | 0 |
|  | 08/2025  | 192837 | $26526 | 0 | (515) |
|  | 08/2025  | 20587 | 950 | 0 | (33) |
|  | 08/2025  | 7448 | 8659 | 0 | (133) |
|  | 08/2025  | $7747 | 55438 | 27 | 0 |
|  | 08/2025  | 26303 | 2268975 | 113 | 0 |
|  | 08/2025  | 1113 | 32856 | 30 | 0 |
|  | 09/2025  | 32632 | $8989 | 0 | (203) |
|  | 09/2025  | $123 | 64959 | 0 | (1) |
|  | 09/2025  | 1019 | 19640 | 19 | 0 |
|  | 09/2025  | 4062 | 14938 | 146 | 0 |
|  | 09/2025  | 1073 | 108880 | 21 | 0 |
|  | 10/2025  | 19709 | $351 | 0 | (32) |
|  | 11/2025  | 139779 | 472 | 0 | (12) |
|  | 12/2025  | 1756568 | 19988 | 0 | (336) |
|  | 12/2025  | 4393722 | 1175 | 0 | (10) |
|  | 12/2025  | $86 | 45724 | 0 | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 367553 | $67353 | 0 | (298) |
|  | 07/2025  | 721 | 875 | 0 | (33) |
|  | 07/2025  | 728866 | 5007 | 0 | (54) |
|  | 07/2025  | 8009 | 836 | 0 | (10) |
|  | 07/2025  | 18 | 14 | 0 | 0 |
|  | 07/2025  | $927 | 1437 | 19 | 0 |
|  | 07/2025  | 64438 | 367553 | 3212 | 0 |
|  | 07/2025  | 899 | 720 | 8 | 0 |
|  | 07/2025  | 377 | 2708 | 2 | 0 |
|  | 07/2025  | 13957 | 2002305 | 0 | (53) |
|  | 07/2025  | 4530 | 19071 | 0 | (3) |
|  | 07/2025  | 10124 | 37336 | 231 | 0 |
|  | 08/2025  | 717 | $899 | 0 | (8) |
|  | 08/2025  | $16526 | 118260 | 57 | 0 |
|  | 08/2025  | 24323 | 2105316 | 187 | 0 |
|  | 08/2025  | 5007 | 726186 | 54 | 0 |
|  | 08/2025  | 14 | 18 | 0 | 0 |
|  | 09/2025  | 214083 | $10995 | 0 | (322) |
|  | 09/2025  | $0 | 1 | 0 | 0 |
|  | 11/2025  | 3903 | 14325 | 125 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 508145 | $91633 | 0 | (1894) |
|  | 07/2025  | 50926 | 7121 | 0 | (8) |
|  | 07/2025  | 48159 | 11340 | 0 | (89) |
|  | 07/2025  | 7 | 5 | 0 | 0 |
|  | 07/2025  | 1983931 | 60841 | 8 | (196) |
|  | 07/2025  | 7077 | 218 | 0 | (26) |
|  | 07/2025  | $93116 | 508145 | 411 | 0 |
|  | 07/2025  | 2323 | 16648 | 8 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 104 | 159 | 207 |
|  | 07/2025  | 9050 | 536119 | 0 | (113) |
|  | 07/2025  | 2866 | 46697103 | 14 | 0 |
|  | 07/2025  | 17 | 73 | 0 | 0 |
|  | 07/2025  | 57071 | 1858597 | 217 | (1) |
|  | 07/2025  | 1210 | 50276 | 38 | 0 |
|  | 07/2025  | 27 | 871 | 3 | 0 |
|  | 07/2025  | 16 | 282 | 0 | 0 |
|  | 07/2025  | 77778 | $4318 | 0 | (69) |
|  | 08/2025  | 761944 | 12529 | 113 | (209) |
|  | 08/2025  | 3591536 | 10420 | 0 | (138) |
|  | 08/2025  | $36 | 257 | 0 | 0 |
|  | 08/2025  | 18083 | 6527093 | 1105 | 0 |
|  | 08/2025  | 5 | 7 | 0 | 0 |
|  | 09/2025  | 8788 | $2393 | 0 | 0 |
|  | 09/2025  | 1689848 | 1816 | 2 | 0 |
|  | 09/2025  | 1911952 | 30347 | 179 | (1273) |
|  | 09/2025  | 7831 | 2191 | 0 | (15) |
|  | 09/2025  | 2179402 | 37320 | 34 | (1350) |
|  | 09/2025  | $66153 | 372510 | 1362 | 0 |
|  | 09/2025  | 2430 | 2281074 | 18 | 0 |
|  | 09/2025  | 1474 | 80992 | 113 | 0 |
|  | 09/2025  | 9563 | 183967 | 162 | 0 |
|  | 10/2025  | 101500 | $16924 | 0 | (1332) |
|  | 11/2025  | 89274 | 1478 | 37 | 0 |
|  | 12/2025  | 100186 | 2149 | 0 | (38) |
|  | 07/2026  | 778588 | 516 | 11 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $848 | 8019 | 0 | 0 |
|  | 08/2025  | 8002 | $848 | 0 | 0 |
|  | 08/2025  | $7610 | 54893 | 88 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 40682 | $6807 | 0 | (645) |
|  | 07/2025  | 75237 | 10497 | 0 | (10) |
|  | 07/2025  | 52011510 | 3192 | 0 | (15) |
|  | 07/2025  | 59192 | 43 | 0 | (1) |
|  | 07/2025  | 863 | 515 | 0 | (11) |
|  | 07/2025  | 366028 | 6392 | 0 | (105) |
|  | 07/2025  | 15 | 11 | 0 | 0 |
|  | 07/2025  | 251325 | 7723 | 2 | (10) |
|  | 07/2025  | 60317 | 1906 | 0 | (171) |
|  | 07/2025  | $6807 | 40682 | 645 | 0 |
|  | 07/2025  | 711 | 5131 | 7 | 0 |
|  | 07/2025  | 11835 | 84782 | 14 | 0 |
|  | 07/2025  | 13774 | 224754490 | 85 | 0 |
|  | 07/2025  | 8991 | 502235 | 0 | (76) |
|  | 07/2025  | 48975 | 182940 | 1767 | 0 |
|  | 07/2025  | 121 | 155 | 1 | 0 |
|  | 07/2025  | 33069 | 1075396 | 53 | 0 |
|  | 07/2025  | 59047 | $3304 | 0 | (26) |
|  | 08/2025  | 92667 | 16892 | 0 | (32) |
|  | 08/2025  | 5094 | 713 | 0 | (2) |
|  | 08/2025  | 2800 | 3290 | 0 | (16) |
|  | 08/2025  | 43929 | 1348 | 0 | (179) |
|  | 08/2025  | $27035 | 193423 | 88 | 0 |
|  | 08/2025  | 1981 | 14126 | 1 | 0 |
|  | 08/2025  | 7070 | 612970 | 67 | 0 |
|  | 08/2025  | 11 | 15 | 0 | 0 |
|  | 08/2025  | 21 | 699 | 3 | 0 |
|  | 09/2025  | 66623810 | $15773 | 0 | (363) |
|  | 09/2025  | 83881 | 2470 | 0 | (126) |
|  | 11/2025  | 5448 | 385 | 0 | (101) |
|  | 11/2025  | 273208 | 923 | 0 | (24) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 1722 | 1253 | 0 | (12) |
|  | 07/2025  | 1150200 | 8018 | 31 | 0 |
|  | 07/2025  | 387 | 299 | 0 | (5) |
|  | 07/2025  | 22211 | 682 | 0 | (83) |
|  | 07/2025  | $1253 | 1721 | 11 | 0 |
|  | 07/2025  | 700 | 656427 | 4 | 0 |
|  | 07/2025  | 341 | 2460 | 3 | 0 |
|  | 07/2025  | 47472 | 40985 | 807 | 0 |
|  | 07/2025  | 7902 | 128121191 | 4 | (6) |
|  | 07/2025  | 2052 | 294831 | 0 | (4) |
|  | 07/2025  | 5078 | 283529 | 0 | (45) |
|  | 07/2025  | 22915 | 85804 | 886 | 0 |
|  | 07/2025  | 291 | 373 | 3 | 0 |
|  | 07/2025  | 276 | 9204 | 7 | 0 |
|  | 08/2025  | 22745 | $3177 | 0 | (12) |
|  | 08/2025  | 33323 | 1539 | 0 | (51) |
|  | 08/2025  | 1945159 | 5539 | 0 | (180) |
|  | 08/2025  | 34097 | 237 | 0 | 0 |
|  | 08/2025  | 33777 | 1042 | 0 | (132) |
|  | 08/2025  | $1253 | 1719 | 12 | 0 |
|  | 08/2025  | 9187 | 66049 | 75 | 0 |
|  | 08/2025  | 1941 | 42202 | 73 | 0 |
|  | 08/2025  | 307 | 16903 | 27 | 0 |
|  | 08/2025  | 6459 | 2321280 | 365 | 0 |
|  | 08/2025  | 299 | 386 | 5 | 0 |
|  | 09/2025  | 1145 | 22040 | 20 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 104 | 159 | 207 |
|  | 12/2025  | 462452 | $64020 | 0 | (1389) |
|  | 02/2026  | 19999 | 5470 | 0 | (493) |
|  | 03/2026  | $1483 | 87590 | 111 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 6329 | $884 | 0 | (1) |
|  | 07/2025  | 230688 | 1582 | 0 | (20) |
|  | 07/2025  | 8365 | 829 | 0 | (1) |
|  | 07/2025  | $4471 | 645466 | 11 | 0 |
|  | 07/2025  | 1553 | 6573 | 8 | 0 |
|  | 07/2025  | 46 | 169 | 1 | 0 |
|  | 07/2025  | 1904 | 62039 | 4 | 0 |
|  | 07/2025  | 108 | 1948 | 2 | 0 |
|  | 08/2025  | 772598 | $2220 | 0 | (51) |
|  | 08/2025  | 598026 | 4158 | 0 | (10) |
|  | 08/2025  | $16837 | 120538 | 66 | 0 |
|  | 08/2025  | 11086 | 79276 | 27 | 0 |
|  | 08/2025  | 2511 | 54901 | 108 | 0 |
|  | 08/2025  | 1644 | 580862 | 64 | 0 |
|  | 08/2025  | 1582 | 229840 | 20 | 0 |
|  | 08/2025  | 829 | 8364 | 1 | 0 |
|  | 09/2025  | 9538263 | $2289 | 0 | (24) |
|  | 09/2025  | 96315 | 5037 | 0 | (55) |
|  | 09/2025  | $7130 | 29402974 | 0 | (8) |
|  | 09/2025  | 2073 | 39855 | 34 | 0 |
|  | 12/2025  | 39136 | 1551 | 0 | (28) |
|  | 10/2026  | $1723 | 3083 | 10 | 0 |
|  | 10/2027  | 3446 | 6341 | 0 | (20) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 34289 | 558905826 | 174 | 0 |
|  | 08/2025  | 693 | 28915 | 8 | 0 |
|  | 09/2025  | 564060 | $10081 | 82 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | $1009 | 21772 | 30 | 0 |
|  | 08/2025  | 13 | 4753 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 3585 | $500 | 0 | 0 |
|  | 07/2025  | 29861 | 2257 | 0 | (616) |
|  | 07/2025  | 45637 | 10763 | 0 | (69) |
|  | 07/2025  | 18049 | 4976 | 0 | (118) |
|  | 07/2025  | 77 | 60 | 0 | (1) |
|  | 07/2025  | 66263 | 2264 | 0 | (18) |
|  | 07/2025  | $1332 | 9549 | 4 | 0 |
|  | 07/2025  | 13328 | 217173292 | 63 | 0 |
|  | 07/2025  | 5 | 17 | 0 | 0 |
|  | 07/2025  | 787 | 113704 | 2 | 0 |
|  | 07/2025  | 1272 | 5394 | 8 | 0 |
|  | 07/2025  | 14602 | 52605 | 243 | 0 |
|  | 07/2025  | 42457 | 1383263 | 94 | 0 |
|  | 07/2025  | 5105 | 151824 | 122 | 0 |
|  | 08/2025  | 53840 | $7497 | 0 | (53) |
|  | 08/2025  | 210 | 29 | 0 | 0 |
|  | 08/2025  | 1353390 | 15715 | 15 | (56) |
|  | 08/2025  | 113285 | 787 | 0 | (2) |
|  | 08/2025  | 12462 | 382 | 0 | (51) |
|  | 08/2025  | $30527 | 218181 | 67 | 0 |
|  | 08/2025  | 16356 | 1412979 | 98 | (4) |
|  | 08/2025  | 60 | 77 | 1 | 0 |
|  | 08/2025  | 8398 | 256623 | 523 | 0 |
|  | 09/2025  | 2434417 | $43645 | 488 | 0 |
|  | 09/2025  | $3059 | 11078 | 62 | 0 |
|  | 10/2025  | 867 | 1517012 | 85 | 0 |
|  | 12/2025  | 4393737 | $1175 | 0 | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 63609 | 11656 | 0 | (51) |
|  | 07/2025  | 12650 | 937 | 0 | (279) |
|  | 07/2025  | 404534 | 2802 | 0 | (7) |
|  | 07/2025  | 871 | 87 | 0 | 0 |
|  | 07/2025  | $11567 | 63609 | 141 | 0 |
|  | 07/2025  | 2343 | 16761 | 0 | (3) |
|  | 07/2025  | 15021 | 65904 | 245 | 0 |
|  | 08/2025  | 729 | 264405 | 48 | 0 |
|  | 08/2025  | 42 | 3661 | 0 | 0 |
|  | 08/2025  | 2802 | 403050 | 7 | 0 |
|  | 08/2025  | 87 | 871 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 4385 | $5937 | 0 | (82) |
|  | 07/2025  | 27646 | 7502 | 0 | (296) |
|  | 07/2025  | $3637 | 20472 | 131 | 0 |
|  | 07/2025  | 5911 | 5097 | 93 | 0 |
|  | 07/2025  | 9793 | 158883884 | 4 | 0 |
|  | 08/2025  | 9966 | 855351 | 0 | (8) |
|  | 09/2025  | 8098434 | $1952 | 0 | (9) |
|  | 09/2025  | $5595 | 23212469 | 27 | 0 |
|  | 10/2025  | 13 | 49 | 0 | 0 |
|  | 11/2025  | 9627 | $2610 | 0 | (98) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 9395 | 1722 | 0 | (8) |
|  | 07/2025  | 14879036 | 15847 | 0 | (124) |
|  | 07/2025  | $1703 | 9395 | 26 | 0 |
|  | 07/2025  | 9224 | 8631089 | 40 | 0 |
|  | 07/2025  | 48 | 172 | 3 | 0 |
|  | 07/2025  | 204 | 29513 | 1 | 0 |
|  | 07/2025  | 822 | 8352 | 6 | 0 |

---

------

<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 8 | 29 | 53 | 66 | 84 | 85 | 92 | 96 | 109 | 113 | 145 | 158 | 159 | 172 | 197 | 206 | 211 |
|  |  | 07/2025  | 11377 | 11377 | 11377 | 11377 | RON | RON | 49989 | 49989 | 49989 |  | 203 | 203 | 203 |  | 0 |
|  |  | 08/2025  | 8237 | 8237 | 8237 | 8237 | CNH | CNH | 59044 | 59044 | 59044 |  | 43 | 43 | 43 |  | 0 |
|  |  | 08/2025  | 739 | 739 | 739 | 739 | TRY | TRY | 32883 | 32883 | 32883 |  | 55 | 55 | 55 |  | 0 |
|  |  | 09/2025  | 19977375 | 19977375 | 19977375 | 19977375 | $ | $ | 4843 | 4843 | 4843 |  | 4 | 4 | 4 |  | 0 |
|  |  | 09/2025  | 292001 | 292001 | 292001 | 292001 |  |  | 15256 | 15256 | 15256 |  | 0 | 0 | 0 |  | (180) |
|  |  | 09/2025  | $11826 | 11826 | 11826 | 11826 | COP | COP | 48892860 | 48892860 | 48892860 |  | 21 | 21 | 21 |  | 0 |
|  |  | 11/2025  | 291 | 291 | 291 | 291 | TRY | TRY | 13701 | 13701 | 13701 |  | 16 | 16 | 16 |  | 0 |
|  |  | 12/2025  | 1551 | 1551 | 1551 | 1551 | CZK | CZK | 39135 | 39135 | 39135 |  | 27 | 27 | 27 |  | 0 |
|  |  | 01/2026  | $3734 | 3734 | 3734 | 3734 | TRY | TRY | 178008 | 178008 | 178008 |  | 66 | 66 | 66 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**30837** | **30837** | **30837** | **$** | $**(28211)** | **(28211)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  |  |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BOA | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.650 | 24.650 | 03/11/2026 | 10221 | 10221 | 10221 | $70 | 70 | $ | $73 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | HUF | 399.000 | 399.000 | 08/27/2025 | 9879 | 9879 | 9879 | 45 | 45 |  | 60 |
|  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | COP | COP | COP | 3825.000 | 3825.000 | 08/29/2025 | 974 | 974 | 974 | 99 | 99 |  | 69 |
| GLM | Put - OTC USD versus JPY  | Put - OTC USD versus JPY  | Put - OTC USD versus JPY  | Put - OTC USD versus JPY  | JPY | JPY | JPY | 135.000 | 135.000 | 08/19/2025 | 5690 | 5690 | 5690 | 506 | 506 |  | 401 |
|  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | MXN | MXN | MXN | 18.500 | 18.500 | 07/10/2025 | 856 | 856 | 856 | 167 | 167 |  | 117 |
| JPM | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  |  |  |  | 19.250 | 19.250 | 11/19/2025 | 19972 | 19972 | 19972 | 373 | 373 |  | 647 |
|  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | ZAR | ZAR | ZAR | 17.650 | 17.650 | 08/08/2025 | 17750 | 17750 | 17750 | 257 | 257 |  | 212 |
| MYI | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.750 | 24.750 | 12/09/2025 | 9626 | 9626 | 9626 | 57 | 57 |  | 71 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  |  | 24.700 | 24.700 | 12/16/2025 | 6143 | 6143 | 6143 | 38 | 38 |  | 40 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | HUF | 399.000 | 399.000 | 08/27/2025 | 8435 | 8435 | 8435 | 39 | 39 |  | 52 |
|  | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | BRL | BRL | BRL | 5.660 | 5.660 | 08/27/2025 | 18443 | 18443 | 18443 | 331 | 331 |  | 686 |
|  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | Put - OTC USD versus COP  | COP | COP | COP | 3825.000 | 3825.000 | 09/04/2025 | 974 | 974 | 974 | 95 | 95 |  | 75 |
|  | Call - OTC USD versus ILS  | Call - OTC USD versus ILS  | Call - OTC USD versus ILS  | Call - OTC USD versus ILS  | ILS | ILS | ILS | 3.880 | 3.880 | 09/04/2025 | 649 | 649 | 649 | 77 | 77 |  | 6 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $2154 | 2154 | $ | $2509 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| DUB | Call - OTC 5-Year Interest Rate Swap  | 6-Month ILS-TELBOR | 6-Month ILS-TELBOR | Pay | Pay | 3.850% | 3.850% | 3.850% | 07/10/2025 | 07/10/2025 | 40900 | 40900 | 40900 | $72 | 72 | $ | $50 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**2226** | **2226** | **$** | $**2559** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  |  |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GLM | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | TRY | TRY | 39.300 | 39.300 | 07/15/2025 | 4514 | 4514 | 4514 | $(97) | (97) | $ | $(1) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 45.800 | 45.800 | 07/15/2025 | 4514 | 4514 | 4514 | (56) | (56) |  | (9) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 53.500 | 53.500 | 12/11/2025 | 18689 | 18689 | 18689 | (607) | (607) |  | (507) |
| JPM | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | Put - OTC USD versus MXN  | MXN | MXN | MXN | 18.250 | 18.250 | 11/19/2025 | 19972 | 19972 | 19972 | (96) | (96) |  | (161) |
|  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | Put - OTC USD versus ZAR  | ZAR | ZAR | ZAR | 17.250 | 17.250 | 08/08/2025 | 35501 | 35501 | 35501 | (221) | (221) |  | (148) |
| MYI | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | Put - OTC USD versus BRL  | BRL | BRL | BRL | 5.400 | 5.400 | 08/27/2025 | 18443 | 18443 | 18443 | (94) | (94) |  | (177) |
|  | Call - OTC USD versus BRL  | Call - OTC USD versus BRL  | Call - OTC USD versus BRL  | Call - OTC USD versus BRL  |  |  |  | 6.050 | 6.050 | 08/27/2025 | 18443 | 18443 | 18443 | (242) | (242) |  | (43) |
| UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | TRY | TRY | 39.750 | 39.750 | 08/11/2025 | 1626 | 1626 | 1626 | (51) | (51) |  | (1) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 51.750 | 51.750 | 08/11/2025 | 1626 | 1626 | 1626 | (36) | (36) |  | (8) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  |  | 40.575 | 40.575 | 08/19/2025 | 2395 | 2395 | 2395 | (84) | (84) |  | (11) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 52.725 | 52.725 | 08/19/2025 | 2395 | 2395 | 2395 | (52) | (52) |  | (13) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  |  | 41.600 | 41.600 | 11/12/2025 | 1710 | 1710 | 1710 | (65) | (65) |  | (8) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 56.900 | 56.900 | 11/12/2025 | 1710 | 1710 | 1710 | (48) | (48) |  | (32) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  |  | 42.635 | 42.635 | 01/07/2026 | 7530 | 7530 | 7530 | (255) | (255) |  | (56) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 56.750 | 56.750 | 01/07/2026 | 7530 | 7530 | 7530 | (171) | (171) |  | (221) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  |  |  | 42.800 | 42.800 | 01/08/2026 | 11554 | 11554 | 11554 | (396) | (396) |  | (97) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 56.750 | 56.750 | 01/08/2026 | 11554 | 11554 | 11554 | (265) | (265) |  | (342) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(2836) | (2836) | $ | $(1835) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 5-Year Interest Rate Swap  | 3-Month ZAR-JIBAR | 3-Month ZAR-JIBAR | Receive | Receive | 7.270% | 7.270% | 7.270% | 08/26/2025 | 08/26/2025 | 190800 | 190800 | 190800 | $(45) | (45) | $ | $(48) |
| DUB | Call - OTC 5-Year Interest Rate Swap  | 6-Month ILS-TELBOR | 6-Month ILS-TELBOR | Receive | Receive | 3.550 | 3.550 | 3.550 | 07/04/2025 | 07/04/2025 | 78700 | 78700 | 78700 | (56) | (56) |  | 0 |
|  | Call - OTC 5-Year Interest Rate Swap  | 6-Month ILS-TELBOR | 6-Month ILS-TELBOR | Receive | Receive | 3.550 | 3.550 | 3.550 | 07/10/2025 | 07/10/2025 | 40900 | 40900 | 40900 | (24) | (24) |  | (1) |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 5 | 7 | 8 | 18 | 29 | 31 | 33 | 46 | 51 | 66 | 69 | 79 | 85 | 87 | 109 | 127 | 142 | 150 | 164 | 174 | 195 | 201 | 211 | 215 | 226 |
| MYC | MYC | MYC | Call - OTC 5-Year Interest Rate Swap  | Call - OTC 5-Year Interest Rate Swap  | 3-Month ZAR-JIBAR | 3-Month ZAR-JIBAR | 3-Month ZAR-JIBAR | 3-Month ZAR-JIBAR | 3-Month ZAR-JIBAR | Receive | Receive | Receive | 7.430 | 7.430 | 09/22/2025 | 09/22/2025 |  | 199872 |  | (61) | (61) | (61) | (101) | (101) | (101) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (186) | (186) | (186) | $(150) | (150) | (150) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(3022)** | **(3022)** | **(3022)** | $**(1985)** | **(1985)** | **(1985)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| BOA | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000)% | (1.000)% | Quarterly | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | 1.179% | 1.179% | $12100 | 12100 | $281 | 281 | $(205) | (205) | $76 | 76 | 76 | $0 |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.482 | 0.482 | 1700 | 1700 | (32) | (32) | (5) | (5) | 0 | 0 | 0 | (37) |
| BPS | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 1.344 | 1.344 | 4800 | 4800 | 164 | 164 | (98) | (98) | 66 | 66 | 66 | 0 |
| BRC | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 1.344 | 1.344 | 10800 | 10800 | 330 | 330 | (182) | (182) | 148 | 148 | 148 | 0 |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 12/20/2028 | 0.375 | 0.375 | 3400 | 3400 | (67) | (67) | (4) | (4) | 0 | 0 | 0 | (71) |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.482 | 0.482 | 400 | 400 | (8) | (8) | (1) | (1) | 0 | 0 | 0 | (9) |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2033 | 12/20/2033 | 12/20/2033 | 0.988 | 0.988 | 10600 | 10600 | (26) | (26) | 14 | 14 | 0 | 0 | 0 | (12) |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 06/20/2034 | 06/20/2034 | 06/20/2034 | 1.021 | 1.021 | 6500 | 6500 | (57) | (57) | 65 | 65 | 8 | 8 | 8 | 0 |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2034 | 12/20/2034 | 12/20/2034 | 1.050 | 1.050 | 2960 | 2960 | (11) | (11) | 21 | 21 | 10 | 10 | 10 | 0 |
| GST | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | 1.179 | 1.179 | 18300 | 18300 | 409 | 409 | (295) | (295) | 114 | 114 | 114 | 0 |
|  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 1.344 | 1.344 | 1300 | 1300 | 42 | 42 | (24) | (24) | 18 | 18 | 18 | 0 |
| JPM | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 06/20/2029 | 1.179 | 1.179 | 4000 | 4000 | 95 | 95 | (70) | (70) | 25 | 25 | 25 | 0 |
|  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | Chile Government International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.482 | 0.482 | 1400 | 1400 | (27) | (27) | (3) | (3) | 0 | 0 | 0 | (30) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $1093 | 1093 | $(787) | (787) | $465 | 465 | 465 | $(159) |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| BOA | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | 1.000% | 1.000% | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.747% | 0.747% | $1700 | 1700 | $11 | 11 | $7 | 7 | $18 | 18 | 18 | $0 |
| BPS | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.291 | 0.291 | 3250 | 3250 | 16 | 16 | (4) | (4) | 12 | 12 | 12 | 0 |
|  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 | 0.620 | 0.620 | 3000 | 3000 | 6 | 6 | 22 | 22 | 28 | 28 | 28 | 0 |
|  | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | Romania Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.758 | 0.758 | 7625 | 7625 | 12 | 12 | (1) | (1) | 11 | 11 | 11 | 0 |
| BRC | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.747 | 0.747 | 400 | 400 | 3 | 3 | 1 | 1 | 4 | 4 | 4 | 0 |
|  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | Saudi Arabia Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.684 | 0.684 | 30100 | 30100 | 425 | 425 | 16 | 16 | 441 | 441 | 441 | 0 |
|  | South Korea Government International Bond  | South Korea Government International Bond  | South Korea Government International Bond  | South Korea Government International Bond  | South Korea Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.174 | 0.174 | 2700 | 2700 | 18 | 18 | (7) | (7) | 11 | 11 | 11 | 0 |
| CBK | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 0.603 | 0.603 | 11100 | 11100 | (64) | (64) | 152 | 152 | 88 | 88 | 88 | 0 |
|  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.908 | 0.908 | 275 | 275 | (4) | (4) | 5 | 5 | 1 | 1 | 1 | 0 |
| DUB | Eskom  | Eskom  | Eskom  | Eskom  | Eskom  | 4.650 | 4.650 | Quarterly | Quarterly | Quarterly | 06/30/2029 | 06/30/2029 | 06/30/2029 | 0.000 | 0.000 | 8000 | 8000 | 0 | 0 | 474 | 474 | 474 | 474 | 474 | 0 |
|  | Petroleos Mexicanos  | Petroleos Mexicanos  | Petroleos Mexicanos  | Petroleos Mexicanos  | Petroleos Mexicanos  | 4.750 | 4.750 | Monthly | Monthly | Monthly | 07/06/2026 | 07/06/2026 | 07/06/2026 | 0.000 | 0.000 | 5047 | 5047 | 0 | 0 | 27 | 27 | 27 | 27 | 27 | 0 |
| GST | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.425 | 0.425 | 6800 | 6800 | 7 | 7 | 14 | 14 | 21 | 21 | 21 | 0 |
|  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.498 | 0.498 | 1000 | 1000 | 0 | 0 | 5 | 5 | 5 | 5 | 5 | 0 |
| JPM | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.908 | 0.908 | 375 | 375 | (4) | (4) | 6 | 6 | 2 | 2 | 2 | 0 |
|  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | Peru Government International Bond  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 0.747 | 0.747 | 1400 | 1400 | 9 | 9 | 6 | 6 | 15 | 15 | 15 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $435 | 435 | $723 | 723 | $1158 | 1158 | 1158 | $0 |
| **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Receive | Receive | Pay | Pay | Pay | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date<sup>(8)</sup> | Maturity<br>Date<sup>(8)</sup> | Maturity<br>Date<sup>(8)</sup> | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received |  | Notional Amount<br>of Currency<br>Delivered |  | Upfront <br>Payable/<br>(Receivable) | Upfront <br>Payable/<br>(Receivable) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/18/2030 | 09/18/2030 | 09/18/2030 | $25815 | 25815 | 25815 | PHP | 1485689 | $ | (64) | (64) | (283) | $ | 0 | 0 | $ | (347) |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Floating rate equal to 1-Day IDR-SOFR plus 0.682% based on the notional amount of currency received  | Floating rate equal to 1-Day IDR-SOFR plus 0.682% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2035 | 09/17/2035 | 09/17/2035 | 73346810 | 73346810 | 73346810 | $ | 4455 |  | 34 | 34 | 190 |  | 224 | 224 |  | 0 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 7 | 16 | 18 | 33 | 45 | 51 | 69 | 79 | 81 | 103 | 106 | 120 | 151 | 166 | 175 | 195 | 202 | 215 | 227 |
| &nbsp;&nbsp; DUB | Floating rate equal to 1-Day KRW-SOFR less 0.510% based on the notional amount of currency received  | Floating rate equal to 1-Day KRW-SOFR less 0.510% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2028 | 09/17/2028 | 8672260 | 8672260 |  |  | 6363 | 0 |  | 1 |  | 1 |  | 0 |
| &nbsp;&nbsp; GLM | Floating rate equal to 1-Day INR-SOFR Compounded-OIS plus 0.639% based on the notional amount of currency received  | Floating rate equal to 1-Day INR-SOFR Compounded-OIS plus 0.639% based on the notional amount of currency received  | Floating rate equal to 1-Day INR-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 2318170 | 2318170 |  |  | 26784 | 365 |  | 155 |  | 520 |  | 0 |
|  | Floating rate equal to 1-Day KRW-SOFR less 0.500% based on the notional amount of currency received  | Floating rate equal to 1-Day KRW-SOFR less 0.500% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2028 | 09/17/2028 | 20066740 | 20066740 |  |  | 14799 | (77) |  | 6 |  | 0 |  | (71) |
|  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | $4458 | 4458 | PHP | PHP | 256695 | (13) |  | (49) |  | 0 |  | (62) |
| &nbsp;&nbsp; JPM | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS plus 0.486% based on the notional amount of currency received  | Floating rate equal to 1-Day PHP-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 3849 | 3849 |  |  | 220830 | 3 |  | (42) |  | 0 |  | (39) |
| &nbsp;&nbsp; SCX | Floating rate equal to 1-Day IDR-SOFR plus 0.651% based on the notional amount of currency received  | Floating rate equal to 1-Day IDR-SOFR plus 0.651% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 03/18/2033 | 03/18/2033 | 117022950 | 117022950 | $ | $ | $6853 | 129 |  | 116 |  | 245 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 377 | $ | 94 | $ | 990 | $ | (519) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500% | 1.500% | Quarterly | Quarterly | 03/18/2031 | 03/18/2031 | CNY | 79770 | $(73) | (73) | $87 | 87 | $14 | 14 | $0 |
|  | Receive | 3-Month COP-IBR Compounded-OIS | 3-Month COP-IBR Compounded-OIS | 3-Month COP-IBR Compounded-OIS | 5.610 | 5.610 | Quarterly | Quarterly | 02/11/2026 | 02/11/2026 | COP | 16064000 | 0 | 0 | 88 | 88 | 88 | 88 | 0 |
|  | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | 09/18/2026 | 09/18/2026 | MYR | 97950 | 0 | 0 | 86 | 86 | 86 | 86 | 0 |
|  | Pay | 3-Month MYR-KLIBOR<sup>(2)</sup> | 3-Month MYR-KLIBOR<sup>(2)</sup> | 3-Month MYR-KLIBOR<sup>(2)</sup> | 3.500 | 3.500 | Quarterly | Quarterly | 09/17/2030 | 09/17/2030 |  | 42320 | 151 | 151 | (7) | (7) | 144 | 144 | 0 |
|  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | 09/18/2034 | 09/18/2034 |  | 920 | (4) | (4) | (2) | (2) | 0 | 0 | (6) |
| &nbsp;&nbsp; BSH | Pay | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.790 | 3.790 | Semi-Annual | Semi-Annual | 03/14/2026 | 03/14/2026 | CLP | 15998900 | 0 | 0 | (174) | (174) | 0 | 0 | (174) |
|  | Receive | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.300 | 3.300 | Semi-Annual | Semi-Annual | 06/21/2029 | 06/21/2029 |  | 3550000 | 0 | 0 | 177 | 177 | 177 | 177 | 0 |
| &nbsp;&nbsp; CBK | Receive | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.763 | 3.763 | Semi-Annual | Semi-Annual | 05/24/2029 | 05/24/2029 |  | 2445900 | (38) | (38) | 116 | 116 | 78 | 78 | 0 |
| &nbsp;&nbsp; GLM | Receive | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.015 | 3.015 | Semi-Annual | Semi-Annual | 06/20/2026 | 06/20/2026 |  | 5445000 | 0 | 0 | 90 | 90 | 90 | 90 | 0 |
|  | Pay | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 4.095 | 4.095 | Semi-Annual | Semi-Annual | 06/01/2027 | 06/01/2027 |  | 15023700 | 0 | 0 | (102) | (102) | 0 | 0 | (102) |
|  | Pay | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.830 | 3.830 | Semi-Annual | Semi-Annual | 05/22/2029 | 05/22/2029 |  | 6734700 | 0 | 0 | (196) | (196) | 0 | 0 | (196) |
|  | Pay | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 4.319 | 4.319 | Semi-Annual | Semi-Annual | 05/22/2029 | 05/22/2029 |  | 10120000 | 0 | 0 | (98) | (98) | 0 | 0 | (98) |
|  | Pay | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.265 | 3.265 | Semi-Annual | Semi-Annual | 06/14/2029 | 06/14/2029 |  | 1715500 | 0 | 0 | (88) | (88) | 0 | 0 | (88) |
|  | Receive | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6.620 | 6.620 | Semi-Annual | Semi-Annual | 09/20/2032 | 09/20/2032 |  | 3100000 | 0 | 0 | (374) | (374) | 0 | 0 | (374) |
| &nbsp;&nbsp; GST | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | 03/20/2027 | 03/20/2027 | MYR | 256220 | 49 | 49 | 327 | 327 | 376 | 376 | 0 |
|  | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.868 | 3.868 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 |  | 116200 | 361 | 361 | 316 | 316 | 677 | 677 | 0 |
| &nbsp;&nbsp; JPM | Receive | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 6-Month CLP-CHILIBOR | 3.540 | 3.540 | Semi-Annual | Semi-Annual | 06/04/2029 | 06/04/2029 | CLP | 4085000 | 0 | 0 | 166 | 166 | 166 | 166 | 0 |
| &nbsp;&nbsp; SCX | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | 03/18/2031 | 03/18/2031 | CNY | 30500 | (20) | (20) | 25 | 25 | 5 | 5 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 426 | 426 | 437 | 437 | 1901 | 1901 | (1038) |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 7 | 34 | 56 | 75 | 110 | 143 | 151 | 167 | 175 | 196 | 202 | 216 | 227 |
| **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** | **TOTAL** **RETURN SWAPS ON SECURITIES** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(9)</sup> | # of Shares | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Receive | 0 | &nbsp;&nbsp; 4.950% | &nbsp;&nbsp; 4.950% | 09/24/2025 | 4945840 | $0 | 0 | $582 | 582 | $582 | 582 | $0 |
|  |  | Receive | 0 | 4.950 | 4.950 | 10/02/2025 | 425710 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  | $ | 0 | $ | 582 | $ | 582 | $ | 0 |
| **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** | **VOLATILITY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<br>Volatility | Reference Entity | Volatility<br>Strike | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Pay | USD versus CNH 1-Year ATM Realized Volatility  | 6.850% | Maturity | 09/11/2025 | 64 | $0 | 0 | $170 | 170 | $170 | 170 | $0 |
|  |  | Pay | USD versus CNH 1-Year ATM Realized Volatility  | 7.000 | Maturity | 12/11/2025 | 64 | 0 | 0 | 158 | 158 | 158 | 158 | 0 |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Receive | USD versus INR 1-Year ATM Realized Volatility  | 3.600 | Maturity | 11/24/2025 | 37 | 0 | 0 | (50) | (50) | 0 | 0 | (50) |
|  |  | Receive | USD versus INR 1-Year ATM Realized Volatility  | 3.725 | Maturity | 11/26/2025 | 19 | 0 | 0 | (25) | (25) | 0 | 0 | (25) |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Receive | USD versus INR 1-Year ATM Realized Volatility  | 3.450 | Maturity | 11/21/2025 | 22 | 0 | 0 | (33) | (33) | 0 | 0 | (33) |
|  |  |  |  |  |  |  |  | $0 | 0 | $220 | 220 | $328 | 328 | $(108) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **2331** | **$** | **1269** | **$** | **5424** | **$** | **(1824)** |
| **(p)** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $8,246 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(3)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(5)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(7)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(8)</sup> | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. |
| <sup>(9)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Angola | Angola | Angola |
| Loan Participations and Assignments | $0 | $3902 |
| Azerbaijan | Azerbaijan | Azerbaijan |
| Corporate Bonds & Notes | 1391 | 1391 |
| Brazil | Brazil | Brazil |
| Corporate Bonds & Notes | 14459 | 14459 |
| Loan Participations and Assignments | 0 | 64 |
| Sovereign Issues | 97855 | 97855 |
| Cayman Islands | Cayman Islands | Cayman Islands |
| Asset-Backed Securities | 4005 | 4005 |
| Corporate Bonds & Notes | 4844 | 5918 |
| Loan Participations and Assignments | 0 | 4275 |
| Chile | Chile | Chile |
| Sovereign Issues | 50771 | 50771 |
| China | China | China |
| Sovereign Issues | 41341 | 41341 |
| Colombia | Colombia | Colombia |
| Sovereign Issues | 88995 | 88995 |
| Czech Republic | Czech Republic | Czech Republic |
| Sovereign Issues | 91332 | 91332 |
| Dominican Republic | Dominican Republic | Dominican Republic |
| Sovereign Issues | 82122 | 82122 |
| Ecuador | Ecuador | Ecuador |
| Sovereign Issues | 4881 | 4881 |
| Egypt | Egypt | Egypt |
| Sovereign Issues | 26435 | 26435 |
| France | France | France |
| Corporate Bonds & Notes | 349 | 349 |
| Germany | Germany | Germany |
| Corporate Bonds & Notes | 0 | 20558 |
| Loan Participations and Assignments | 5555 | 5555 |
| Ghana | Ghana | Ghana |
| Sovereign Issues | 6996 | 6996 |
| Hungary | Hungary | Hungary |
| Sovereign Issues | 36562 | 36562 |
| Indonesia | Indonesia | Indonesia |
| Sovereign Issues | 137901 | 137901 |
| Ireland | Ireland | Ireland |
| Asset-Backed Securities | 475 | 475 |
| Corporate Bonds & Notes | 1700 | 1700 |
| Loan Participations and Assignments | 0 | 7475 |
| Israel | Israel | Israel |
| Sovereign Issues | 9244 | 9244 |
| Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | 0 | 11606 |
| Sovereign Issues | 1844 | 1844 |
| Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands |
| Corporate Bonds & Notes | 296 | 296 |
| Kazakhstan | Kazakhstan | Kazakhstan |
| Sovereign Issues | 2662 | 2662 |
| Kenya | Kenya | Kenya |
| Loan Participations and Assignments | 0 | 2694 |
| Luxembourg | Luxembourg | Luxembourg |
| Common Stocks | 0 | 429 |
| Corporate Bonds & Notes | 3030 | 3030 |
| Malaysia | Malaysia | Malaysia |
| Sovereign Issues | 142322 | 142322 |
| Mexico | Mexico | Mexico |
| Sovereign Issues | 210013 | 210013 |
| Netherlands | Netherlands | Netherlands |
| Loan Participations and Assignments | 0 | 3401 |
| Nigeria | Nigeria | Nigeria |
| Loan Participations and Assignments | 3627 | 3627 |
| Paraguay | Paraguay | Paraguay |
| Sovereign Issues | 7917 | 7917 |
| Peru | Peru | Peru |
| Corporate Bonds & Notes | 16856 | 20365 |
| Sovereign Issues | 87950 | 87950 |
| Philippines | Philippines | Philippines |
| Sovereign Issues | 93342 | 93342 |
| Poland | Poland | Poland |
| Sovereign Issues | 135662 | 135662 |
| Romania | Romania | Romania |
| Sovereign Issues | 46149 | 46149 |
| Serbia | Serbia | Serbia |
| Loan Participations and Assignments | 4544 | 8680 |
| Sovereign Issues | 12298 | 12298 |
| Singapore | Singapore | Singapore |
| Corporate Bonds & Notes | 1871 | 1871 |
| South Africa | South Africa | South Africa |
| Corporate Bonds & Notes | 18126 | 18126 |
| Loan Participations and Assignments | 0 | 2987 |
| Sovereign Issues | 176190 | 176190 |
| Supranational | Supranational | Supranational |
| Corporate Bonds & Notes | 25088 | 25088 |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 12 | 48 | 73 | 80 | 98 | 125 | 146 | 158 | 169 | 182 | 199 | 224 |
| Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 0 | 2831 | 2831 |  | 2831 |  |
| Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 27806 | 27806 | 0 | 0 |  | 27806 |  |
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 9758 | 9758 | 1892 | 1892 |  | 11650 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 30947 | 30947 | 0 | 0 |  | 30947 |  |
| Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda | Uganda |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 5718 | 5718 | 0 | 0 |  | 5718 |  |
| Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine | Ukraine |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 2620 | 2620 | 0 | 0 |  | 2620 |  |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 0 | 2559 | 2559 |  | 2559 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 13855 | 13855 | 2520 | 2520 |  | 16375 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 4556 | 4556 | 0 | 0 |  | 4556 |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 20559 | 20559 | 0 | 0 |  | 20559 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 205 | 205 | 4902 | 4902 |  | 5107 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 17142 | 17142 | 2201 | 2201 |  | 19343 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 37873 | 37873 | 0 | 0 |  | 37873 |  |
| Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan | Uzbekistan |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 4848 | 4848 | 0 | 0 |  | 4848 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 786 | 786 | 0 | 0 |  | 786 |  |
| Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela | Venezuela |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 876 | 876 | 0 | 0 |  | 876 |  |
| Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia | Zambia |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 2437 | 2437 | 0 | 0 |  | 2437 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 6829 | 6829 | 0 | 0 |  | 6829 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 50765 | 50765 | 0 | 0 |  | 50765 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 12656 | 12656 | 0 | 0 |  | 12656 |  |
|  |  |  |  | $0 | 0 | $1947236 | 1947236 | $83015 | 83015 | $ | 2030251 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $157801 | 157801 | $0 | 0 | $0 | 0 | $ | 157801 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | $157801 | 157801 | $1947236 | 1947236 | $83015 | 83015 | $ | 2188052 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 5315 | 5315 | 0 | 0 |  | 5315 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 38319 | 38319 | 501 | 501 |  | 38820 |  |
|  |  |  |  | $0 | 0 | $43634 | 43634 | $501 | 501 | $ | 44135 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | (4927) | (4927) | 0 | 0 |  | (4927) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | (32020) | (32020) | 0 | 0 |  | (32020) |  |
|  |  |  |  | $0 | 0 | $(36947) | (36947) | $0 | 0 | $ | (36947) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | $6687 | 6687 | $501 | 501 | $ | 7188 |  |
| Totals | Totals | Totals | Totals | $157801 | 157801 | $1953923 | 1953923 | $83516 | 83516 | $ | 2195240 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Sales/Settlements<sup>(1)</sup> | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Angola |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments<sup>(4)</sup> | $3900 | $0 | $ | 0 | $0 | 2 | $0 | 0 | $0 | 0 | $3902 | $2 |
| Brazil |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | 64 | 0 |  | 48 | 0 | (48) | 0 | 0 | 0 | 0 | 64 | (48) |
| Cayman Islands |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | 1124 | (69) |  | 9 | 9 | 1 | 0 | 0 | 0 | 0 | 1074 | 1 |
| Loan Participations and Assignments<sup>(4)</sup> | 4199 | 0 |  | 0 | 0 | 76 | 0 | 0 | 0 | 0 | 4275 | 76 |
| Germany |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes | 20421 | 0 |  | 0 | 0 | 137 | 0 | 0 | 0 | 0 | 20558 | 137 |
| Ireland |  |  |  |  |  |  |  |  |  |  |  |  |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 11 | 12 | 28 | 38 | 43 | 48 | 78 | 98 | 117 | 146 | 183 | 191 | 199 | 219 | 224 |
| Loan Participations and Assignments |  | 6799 | 0 |  |  | 0 | 2 | 0 | 674 | 0 | 0 |  | 7475 |  | 674 |
| Ivory Coast |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 14937 | 2934 |  |  | (7602) | (7) | 237 | 1107 | 0 | 0 |  | 11606 |  | 828 |
| Kenya |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 2661 | 0 |  |  | 0 | 1 | 0 | 32 | 0 | 0 |  | 2694 |  | 31 |
| Luxembourg |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Common Stocks |  | 527 | 0 |  |  | 0 | 0 | 0 | (98) | 0 | 0 |  | 429 |  | (98) |
| Netherlands |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 3349 | 0 |  |  | 0 | 6 | 0 | 46 | 0 | 0 |  | 3401 |  | 46 |
| Peru |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes |  | 0 | 3280 |  |  | 0 | 0 | 0 | 229 | 0 | 0 |  | 3509 |  | 229 |
| Serbia |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 3785 | 0 |  |  | 0 | 0 | 0 | 351 | 0 | 0 |  | 4136 |  | 351 |
| South Africa |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 2879 | 0 |  |  | 0 | 2 | 0 | 106 | 0 | 0 |  | 2987 |  | 106 |
| Tanzania |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 3040 | 0 |  |  | (456) | 1 | (14) | 260 | 0 | 0 |  | 2831 |  | 225 |
| Turkey |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 1717 | 0 |  |  | 0 | 0 | 0 | 175 | 0 | 0 |  | 1892 |  | 175 |
| United Arab Emirates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments |  | 2559 | 0 |  |  | 0 | (5) | 0 | 5 | 0 | 0 |  | 2559 |  | 5 |
| United Kingdom |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes |  | 4959 | 0 |  |  | (2685) | 187 | (36) | 95 | 0 | 0 |  | 2520 |  | (83) |
| United States |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Corporate Bonds & Notes |  | 5101 | 0 |  |  | 0 | 0 | 0 | (199) | 0 | 0 |  | 4902 |  | (200) |
| Non-Agency Mortgage-Backed Securities |  | 2154 | 0 |  |  | 0 | 0 | 0 | 47 | 0 | 0 |  | 2201 |  | 47 |
|  | $84175 | 84175 | 6214 | $ | $ | $(10812) | $244 | $196 | $2998 | $0 | 0 | $ | 83015 | $ | 2504 |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | $500 | 500 | 0 | $ | $ | $(5) | $0 | $0 | $6 | $0 | 0 | $ | 501 | $ | 7 |
| Totals | $84675 | 84675 | 6214 | $ | $ | $(10817) | $244 | $196 | $3004 | $0 | 0 | $ | 83516 | $ | 2511 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s)  | Input Value(s)  | Input Value(s)  | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola | Angola |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $3902 | 3902 | 3902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 9.954 | 9.954 | 9.954 |  |  |
| Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil | Brazil |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 64 | 64 | 64 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; - | - | - | - |  |  |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 1074 | 1074 | 1074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.140 | 3.140 | 3.140 |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 4275 | 4275 | 4275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.800 | 6.800 | 6.800 |  |  |
| Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany | Germany |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 20558 | 20558 | 20558 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.297 | 7.297 | 7.297 |  |  |
| Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 7475 | 7475 | 7475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 | 3.327 | 3.327 |  |  |
| Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast | Ivory Coast |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 8568 | 8568 | 8568 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.258 | 6.258 | 6.258 |  |  |
|  |  |  | 3038 | 3038 | 3038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 99.200 | 99.200 | 99.200 |  |  |
| Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya | Kenya |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 2694 | 2694 | 2694 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 9.366 | 9.366 | 9.366 |  |  |
| Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg |
| Common Stocks | Common Stocks | Common Stocks | 429 | 429 | 429 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $20.500 | 20.500 | 20.500 |  |  |
| Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands | Netherlands |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 3401 | 3401 | 3401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.815 | 7.815 | 7.815 |  |  |
| Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru | Peru |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 3509 | 3509 | 3509 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 104.175 | 104.175 | 104.175 |  |  |

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<br> Schedule of Investments PIMCO Emerging Markets Local Currency and Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Serbia | Serbia | Serbia | Serbia | Serbia | Serbia |
| Loan Participations and Assignments | Loan Participations and Assignments | 4136 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 5.595 |
| South Africa | South Africa | South Africa | South Africa | South Africa | South Africa |
| Loan Participations and Assignments | Loan Participations and Assignments | 2987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 11.518 |
| Tanzania | Tanzania | Tanzania | Tanzania | Tanzania | Tanzania |
| Loan Participations and Assignments | Loan Participations and Assignments | 2831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 100.150 |
| Turkey | Turkey | Turkey | Turkey | Turkey | Turkey |
| Loan Participations and Assignments | Loan Participations and Assignments | 1892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.706 |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |
| Loan Participations and Assignments | Loan Participations and Assignments | 2559 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 100.125 |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 2520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; - | - |
| United States | United States | United States | United States | United States | United States |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 4902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.326 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 2201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.573 |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.197 - 5.914 |
| Total | Total | 83516 |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(3)</sup> | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. |
| <sup>(4)</sup> | Country code on securities changed from U.S. to Angola on Ireland from 3.31. | Country code on securities changed from U.S. to Angola on Ireland from 3.31. | Country code on securities changed from U.S. to Angola on Ireland from 3.31. | Country code on securities changed from U.S. to Angola on Ireland from 3.31. | Country code on securities changed from U.S. to Angola on Ireland from 3.31. |

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<br> Schedule of Investments PIMCO ESG Income Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 125.3% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **Ahlstrom Holding Oyj**<br>TBD% due 05/23/2030 « | $300 | $300 |
| Total Loan Participations and Assignments (Cost $295) |  | 300 |
| **CORPORATE BONDS & NOTES 29.0%**  |  |  |
| **BANKING & FINANCE 18.7%**  |  |  |
| **ABN AMRO Bank NV** <br>2.470% due 12/13/2029 •  | 500 | 466 |
| **Acef Holding SCA** <br>0.750% due 06/14/2028 | 500 | 555 |
| **AIB Group PLC**  |  |  |
| 2.875% due 05/30/2031 •  | 400 | 470 |
| 6.608% due 09/13/2029 •  | $500 | 529 |
| **Alexandria Real Estate Equities, Inc.** <br>2.000% due 05/18/2032 | 400 | 332 |
| **Ally Financial, Inc.**  |  |  |
| 2.200% due 11/02/2028  | 800 | 738 |
| 8.000% due 11/01/2031  | 450 | 513 |
| **American Homes 4 Rent LP** <br>5.500% due 02/01/2034 | 450 | 458 |
| **American Tower Corp.**  |  |  |
| 2.100% due 06/15/2030  | 500 | 444 |
| 3.100% due 06/15/2050  | 300 | 197 |
| **Asian Development Bank** <br>6.720% due 02/08/2028 | 187400 | 2208 |
| **Banco BTG Pactual SA** <br>2.750% due 01/11/2026 | $1000 | 988 |
| **Banco Mercantil del Norte SA** <br>6.625% due 01/24/2032 •(f)(g) | 200 | 186 |
| **Bank of America Corp.**  |  |  |
| 2.299% due 07/21/2032 •  | 1400 | 1220 |
| 6.204% due 11/10/2028 •  | 1600 | 1665 |
| **Bank of Ireland Group PLC** <br>6.253% due 09/16/2026 •  | 500 | 502 |
| **Banque Ouest Africaine de Developpement** <br>2.750% due 01/22/2033 | 870 | 861 |
| **Barclays PLC**  |  |  |
| 5.501% due 08/09/2028 •  | $1000 | 1020 |
| 7.385% due 11/02/2028 •  | 800 | 849 |
| **BNP Paribas SA**  |  |  |
| 4.625% due 02/25/2031 •(f)(g)  | 400 | 357 |
| 7.750% due 08/16/2029 •(f)(g)  | 1000 | 1054 |
| **Boston Properties LP**  |  |  |
| 2.550% due 04/01/2032  | 150 | 127 |
| 3.400% due 06/21/2029  | 100 | 95 |
| **BPCE SA**  |  |  |
| 2.045% due 10/19/2027 •  | 500 | 484 |
| 5.748% due 07/19/2033 •  | 300 | 308 |
| **Brookfield Finance, Inc.** <br>2.724% due 04/15/2031 | 350 | 317 |
| **CNP Assurances SACA** <br>1.250% due 01/27/2029 | 500 | 555 |
| **Cooperatieve Rabobank UA** <br>4.375% due 06/29/2027 •(f)(g) | 400 | 470 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | $800 | 724 |
| **CPI Property Group SA**  |  |  |
| 1.500% due 01/27/2031  | 100 | 98 |
| 4.000% due 01/22/2028 þ  | 200 | 262 |
| **Credit Agricole Assurances SA** <br>1.500% due 10/06/2031 | 500 | 521 |
| **Crown Castle, Inc.** <br>3.100% due 11/15/2029 | $400 | 375 |
| **CTP NV**  |  |  |
| 1.250% due 06/21/2029  | 200 | 219 |
| 1.500% due 09/27/2031  | 500 | 515 |
| **Deutsche Bank AG**  |  |  |
| 1.875% due 02/23/2028 •  | 200 | 233 |
| 6.119% due 07/14/2026 •  | $600 | 600 |
| **Digital Dutch Finco BV**  |  |  |
| 0.625% due 07/15/2025  | 900 | 1059 |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 1.000% due 01/15/2032  | 300 | 301 |
| 1.250% due 02/01/2031  | 200 | 210 |
| **EQT AB**  |  |  |
| 0.875% due 05/14/2031  | 800 | 816 |
| 2.375% due 04/06/2028  | 800 | 935 |
| **Equinix, Inc.** <br>3.900% due 04/15/2032 | $400 | 379 |
| **First American Financial Corp.** <br>2.400% due 08/15/2031 | 600 | 513 |
| **Ford Motor Credit Co. LLC** <br>5.918% due 03/20/2028 | 2200 | 2223 |
| **FS KKR Capital Corp.** <br>3.125% due 10/12/2028 | 400 | 367 |
| **Globalworth Real Estate Investments Ltd.** <br>6.250% due 03/31/2030 | 376 | 451 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.383% due 07/21/2032 •  | $400 | 349 |
| 2.615% due 04/22/2032 •  | 500 | 445 |
| **Goodman U.S. Finance Five LLC** <br>4.625% due 05/04/2032 | 1000 | 982 |
| **Grainger PLC** <br>3.000% due 07/03/2030 | 100 | 124 |
| **Hanwha Life Insurance Co. Ltd.** <br>3.379% due 02/04/2032 •  | $300 | 292 |
| **HAT Holdings LLC**  |  |  |
| 3.375% due 06/15/2026  | 115 | 113 |
| 3.750% due 09/15/2030  | 300 | 275 |
| 8.000% due 06/15/2027  | 149 | 155 |
| **Host Hotels & Resorts LP**  |  |  |
| 2.900% due 12/15/2031  | 250 | 219 |
| 3.375% due 12/15/2029  | 600 | 567 |
| 3.500% due 09/15/2030  | 200 | 186 |
| 5.700% due 07/01/2034  | 300 | 302 |
| **Howard Hughes Corp.** <br>4.375% due 02/01/2031 | 600 | 554 |
| **HSBC Holdings PLC**  |  |  |
| 2.871% due 11/22/2032 •  | 700 | 619 |
| 6.254% due 03/09/2034 •  | 600 | 642 |
| **Hudson Pacific Properties LP**  |  |  |
| 3.950% due 11/01/2027  | 230 | 221 |
| 5.950% due 02/15/2028  | 400 | 390 |
| **ING Groep NV**  |  |  |
| 2.727% due 04/01/2032 •  | 200 | 180 |
| 3.875% due 05/16/2027 •(f)(g)  | 200 | 186 |
| 4.250% due 05/16/2031 •(f)(g)  | 200 | 168 |
| 4.252% due 03/28/2033 •  | 500 | 482 |
| 4.875% due 05/16/2029 •(f)(g)  | 200 | 188 |
| 5.525% due 03/25/2036 •  | 300 | 306 |
| **Intesa Sanpaolo SpA** <br>6.625% due 06/20/2033 | 700 | 760 |
| **Jones Lang LaSalle, Inc.** <br>6.875% due 12/01/2028 | 500 | 537 |
| **JPMorgan Chase & Co.** <br>2.545% due 11/08/2032 •  | 1400 | 1233 |
| **Kilroy Realty LP**  |  |  |
| 2.500% due 11/15/2032  | 200 | 161 |
| 2.650% due 11/15/2033  | 900 | 707 |
| **Legal & General Group PLC** <br>5.625% due 03/24/2031 •(f)(g) | 200 | 258 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.574% due 11/07/2028 •  | $400 | 392 |
| 3.750% due 03/18/2028 •  | 500 | 494 |
| **Logicor Financing SARL** <br>3.250% due 11/13/2028 | 700 | 826 |
| **Mitsubishi UFJ Financial Group, Inc.** <br>2.494% due 10/13/2032 •  | $500 | 438 |
| **Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen** <br>5.875% due 05/23/2042 •  | 400 | 410 |
| **Nationstar Mortgage Holdings, Inc.** <br>5.750% due 11/15/2031 | 300 | 305 |
| **NatWest Group PLC** <br>5.125% due 05/12/2027 •(f)(g) | 200 | 269 |
| **NE Property BV** <br>3.375% due 07/14/2027 | 300 | 357 |
| **Nexi SpA** <br>1.625% due 04/30/2026 | 550 | 641 |
| **Nomura Holdings, Inc.** <br>2.172% due 07/14/2028 | $700 | 654 |
| **Nordea Bank Abp** <br>3.750% due 03/01/2029 •(f)(g) | 500 | 450 |
| **Norinchukin Bank** <br>5.094% due 10/16/2029 | 1400 | 1421 |
| **OneMain Finance Corp.**  |  |  |
| 3.500% due 01/15/2027  | 781 | 765 |
| 7.125% due 11/15/2031  | 600 | 625 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **PennyMac** **Financial Services, Inc.** <br>5.750% due 09/15/2031 | 200 | 196 |
| **Prologis LP** <br>4.200% due 02/15/2033 | 1400 | 1035 |
| **Regency Centers LP** <br>3.700% due 06/15/2030 | $100 | 97 |
| **Santander Holdings USA, Inc.** <br>6.174% due 01/09/2030 •  | 500 | 521 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 3.823% due 11/03/2028 •  | 1400 | 1372 |
| 6.534% due 01/10/2029 •  | 300 | 313 |
| **Shinhan Bank Co. Ltd.**  |  |  |
| 4.000% due 04/23/2029 (g)  | 200 | 195 |
| 4.375% due 04/13/2032 (g)  | 500 | 479 |
| **Sirius Real Estate Ltd.**  |  |  |
| 1.125% due 06/22/2026  | 300 | 347 |
| 1.750% due 11/24/2028  | 200 | 223 |
| **SLM Corp.** <br>3.125% due 11/02/2026 | $900 | 883 |
| **Standard Chartered PLC**  |  |  |
| 2.678% due 06/29/2032 •  | 200 | 176 |
| 3.603% due 01/12/2033 •  | 200 | 182 |
| 6.301% due 01/09/2029 •  | 600 | 624 |
| 7.767% due 11/16/2028 •  | 500 | 535 |
| **Sun Communities Operating LP** <br>4.200% due 04/15/2032 | 300 | 284 |
| **UBS Group AG**  |  |  |
| 4.375% due 02/10/2031 •(f)(g)  | 200 | 177 |
| 5.959% due 01/12/2034 •  | 300 | 316 |
| **UDR, Inc.** <br>3.100% due 11/01/2034 | 100 | 84 |
| **UniCredit SpA** <br>5.459% due 06/30/2035 •  | 400 | 398 |
| **VIA Outlets BV** <br>1.750% due 11/15/2028 | 500 | 564 |
| **Vonovia SE** <br>1.875% due 06/28/2028 | 600 | 688 |
| **Weyerhaeuser Co.** <br>4.000% due 11/15/2029 | $100 | 98 |
| **Workspace Group PLC** <br>2.250% due 03/11/2028 | 600 | 761 |
| **ZF Finance GmbH** <br>2.000% due 05/06/2027 | 700 | 782 |
|  |  | 59747 |
| **INDUSTRIALS 6.8%**  |  |  |
| **180 Medical, Inc.** <br>3.875% due 10/15/2029 | $700 | 666 |
| **Accor SA** <br>2.375% due 11/29/2028 | 900 | 1045 |
| **Ball Corp.** <br>3.125% due 09/15/2031 | $580 | 521 |
| **BCP V Modular Services Finance PLC** <br>4.750% due 11/30/2028 | 100 | 116 |
| **Boise Cascade Co.** <br>4.875% due 07/01/2030 | $500 | 487 |
| **CDW LLC** <br>3.569% due 12/01/2031 | 500 | 460 |
| **Cellnex Finance Co. SA** <br>3.875% due 07/07/2041 | 200 | 158 |
| **Centene Corp.**  |  |  |
| 2.625% due 08/01/2031  | 600 | 514 |
| 3.000% due 10/15/2030  | 500 | 447 |
| **Chobani LLC** <br>7.625% due 07/01/2029 | 500 | 522 |
| **Fair Isaac Corp.** <br>4.000% due 06/15/2028 | 570 | 555 |
| **Gap, Inc.**  |  |  |
| 3.625% due 10/01/2029  | 250 | 232 |
| 3.875% due 10/01/2031  | 250 | 225 |
| **Graphic Packaging International LLC** <br>2.625% due 02/01/2029 | 400 | 452 |
| **Hilton Domestic Operating Co., Inc.**  |  |  |
| 3.625% due 02/15/2032  | $250 | 227 |
| 4.000% due 05/01/2031  | 200 | 188 |
| **Illumina, Inc.** <br>2.550% due 03/23/2031 | 300 | 264 |
| **InterContinental Hotels Group PLC** <br>3.375% due 10/08/2028 | 300 | 395 |
| **International Distribution Services PLC** <br>7.375% due 09/14/2030 | 500 | 722 |
| **JDE Peet's NV** <br>2.250% due 09/24/2031 | $800 | 683 |
| **Lenovo Group Ltd.** <br>3.421% due 11/02/2030 | 400 | 373 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Lindblad** **Expeditions LLC** <br>6.750% due 02/15/2027 | 300 | 302 |
| **Marks & Spencer PLC**  |  |  |
| 3.750% due 05/19/2026  | 100 | 136 |
| 4.500% due 07/10/2027  | 300 | 400 |
| **Metalsa Sapi De Cv** <br>3.750% due 05/04/2031 | $450 | 370 |
| **Micron Technology, Inc.** <br>2.703% due 04/15/2032 | 200 | 174 |
| **MSCI, Inc.** <br>3.625% due 09/01/2030 | 600 | 563 |
| **NetApp, Inc.**  |  |  |
| 5.500% due 03/17/2032  | 350 | 361 |
| 5.700% due 03/17/2035  | 350 | 360 |
| **NXP BV**  |  |  |
| 2.500% due 05/11/2031  | 300 | 265 |
| 5.000% due 01/15/2033  | 1300 | 1297 |
| **ReNew Pvt Ltd.** <br>5.875% due 03/05/2027 | 200 | 199 |
| **Sartorius Finance BV** <br>4.875% due 09/14/2035 | 600 | 757 |
| **Snam SpA** <br>5.000% due 05/28/2030 | $1200 | 1211 |
| **St. Mary's Cement, Inc.** <br>5.750% due 04/02/2034 | 400 | 405 |
| **Standard Industries, Inc.** <br>2.250% due 11/21/2026 | 600 | 700 |
| **Transurban Finance Co. Pty. Ltd.** <br>2.450% due 03/16/2031 | $600 | 533 |
| **Travis Perkins PLC** <br>3.750% due 02/17/2026 | 400 | 540 |
| **VeriSign, Inc.** <br>2.700% due 06/15/2031 | $400 | 359 |
| **Vilmorin & Cie SA** <br>1.375% due 03/26/2028 | 400 | 445 |
| **Vmed O2 U.K. Financing PLC**  |  |  |
| 4.500% due 07/15/2031  | 200 | 247 |
| 4.750% due 07/15/2031  | $600 | 555 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 4.054% due 03/15/2029  | 500 | 467 |
| 5.050% due 03/15/2042  | 200 | 136 |
| **Weir Group, Inc.** <br>5.350% due 05/06/2030 | 600 | 609 |
| **XPLR Infrastructure Operating Partners LP** <br>7.250% due 01/15/2029 | 800 | 821 |
| **ZF North America Capital, Inc.** <br>6.750% due 04/23/2030 | 250 | 240 |
|  |  | 21704 |
| **UTILITIES 3.5%**  |  |  |
| **AES Andes SA** <br>6.300% due 03/15/2029 | 350 | 360 |
| **AES Corp.**  |  |  |
| 2.450% due 01/15/2031  | 720 | 630 |
| 5.450% due 06/01/2028  | 300 | 307 |
| 7.600% due 01/15/2055 •  | 500 | 516 |
| **CenterPoint Energy Houston Electric LLC** <br>5.300% due 04/01/2053 | 700 | 668 |
| **Clean Renewable Power Mauritius Pte. Ltd.** <br>4.250% due 03/25/2027 | 161 | 156 |
| **Duke Energy Carolinas LLC** <br>3.550% due 03/15/2052 | 402 | 290 |
| **Edison International** <br>6.250% due 03/15/2030 | 1400 | 1422 |
| **Greenko Wind Projects Mauritius Ltd.** <br>7.250% due 09/27/2028 | 800 | 807 |
| **Iberdrola International BV** <br>6.750% due 09/15/2033 | 250 | 271 |
| **India Green Power Holdings** <br>4.000% due 02/22/2027 | 217 | 211 |
| **Pacific Gas & Electric Co.** <br>6.700% due 04/01/2053 | 1100 | 1104 |
| **Pattern Energy Operations LP** <br>4.500% due 08/15/2028 | 500 | 485 |
| **San Diego Gas & Electric Co.** <br>2.950% due 08/15/2051 | 350 | 221 |
| **Solar Star Funding LLC** <br>5.375% due 06/30/2035 | 137 | 141 |
| **Southwestern Public Service Co.** <br>3.150% due 05/01/2050 | 100 | 65 |
| **Star Energy Geothermal Wayang Windu Ltd.** <br>6.750% due 04/24/2033 | 274 | 279 |
| **TDC Net AS** <br>5.056% due 05/31/2028 | 400 | 492 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **TerraForm** **Power Operating LLC** <br>5.000% due 01/31/2028 | $200 | 198 |
| **United Utilities Water Finance PLC** <br>3.750% due 05/23/2034 | 600 | 708 |
| **Verizon Communications, Inc.** <br>5.050% due 05/09/2033 | $1700 | 1724 |
| **Vodafone Group PLC** <br>5.125% due 06/04/2081 •  | 110 | 83 |
|  |  | 11138 |
| Total Corporate Bonds & Notes (Cost $92,231) |  | 92589 |
| **U.S. GOVERNMENT AGENCIES 54.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.000% due 01/01/2059 | 1195 | 1031 |
| 3.500% due 05/01/2056 - 08/01/2059 | 1461 | 1308 |
| **Freddie Mac**<br>0.932% due 11/25/2030 ~(a) | 2773 | 101 |
| **Ginnie Mae**<br>5.500% due 07/20/2053 - 08/20/2053 | 3815 | 3840 |
| **Ginnie Mae, TBA**<br>5.000% due 08/01/2055 | 2800 | 2749 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 07/01/2052 | 433 | 375 |
| 4.000% due 09/01/2049 - 05/01/2054 | 11882 | 11067 |
| 4.500% due 07/01/2052 - 05/01/2054 | 10965 | 10505 |
| 5.000% due 08/01/2052 - 07/01/2054 | 30339 | 29802 |
| 5.500% due 09/01/2052 - 01/01/2055 | 30195 | 30258 |
| 6.000% due 10/01/2053 - 01/01/2055 | 3460 | 3521 |
| 6.500% due 02/01/2054 - 05/01/2054 | 3654 | 3785 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.500% due 07/01/2055 | 6200 | 5583 |
| 6.000% due 08/01/2055 | 34380 | 34906 |
| 6.500% due 08/01/2055 | 33200 | 34233 |
| Total U.S. Government Agencies (Cost $171,607) |  | 173064 |
| **U.S. TREASURY OBLIGATIONS 13.0%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 4.250% due 08/15/2054 (i) | 600 | 548 |
| 4.500% due 11/15/2054 (i) | 3200 | 3051 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 01/15/2031 (k) | 2218 | 2056 |
| 0.125% due 01/15/2032  | 9720 | 8813 |
| 0.875% due 02/15/2047 (m) | 1063 | 771 |
| 1.375% due 07/15/2033  | 3380 | 3284 |
| 1.500% due 02/15/2053 (k) | 647 | 513 |
| 1.875% due 07/15/2034 (i) | 7053 | 7063 |
| **U.S. Treasury Notes**  |  |  |
| 2.750% due 08/15/2032 | 2200 | 2030 |
| 3.875% due 09/30/2029 | 3000 | 3014 |
| 4.500% due 03/31/2026 (i) | 5100 | 5114 |
| 4.500% due 04/15/2027 (i) | 5200 | 5266 |
| Total U.S. Treasury Obligations (Cost $41,035) |  | 41523 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 12.3%**  |  |  |
| **1211 Avenue of the Americas Trust** <br>4.280% due 08/10/2035 ~ | 2300 | 2142 |
| **225 Liberty Street Trust** <br>4.501% due 02/10/2036 | 1550 | 1429 |
| **280 Park Avenue Mortgage Trust** <br>5.692% due 09/15/2034 •  | 1000 | 981 |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 4.674% due 08/25/2036 •  | 617 | 208 |
| 4.994% due 08/25/2036 •  | 247 | 77 |
| **American Home Mortgage Assets Trust**  |  |  |
| 4.624% due 12/25/2046 •  | 27 | 23 |
| 4.854% due 06/25/2037 •  | 123 | 119 |
| **BAMLL Commercial Mortgage Securities Trust**  |  |  |
| 0.000% due 09/15/2038 ~(a)  | 261000 | 0 |
| 7.176% due 09/15/2038 •  | 1000 | 907 |
| **Barclays Commercial Mortgage Securities Trust**  |  |  |
| 3.811% due 02/15/2053 ~  | 2453 | 1892 |
| 5.122% due 08/10/2035 ~  | 900 | 844 |
| **BBCCRE Trust** <br>4.715% due 08/10/2033 ~ | 2660 | 1907 |
| **Bear Stearns ALT-A Trust** <br>4.754% due 06/25/2046 •  | 252 | 227 |
| **Beast Mortgage Trust** <br>6.926% due 03/15/2036 •  | 500 | 221 |
| **Bridgegate Funding PLC**  |  |  |
| 8.314% due 10/16/2062 •  | 950 | 1320 |
| 9.314% due 10/16/2062 •  | 950 | 1316 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **BSST** **Mortgage Trust** <br>7.162% due 02/15/2037 •  | $1200 | 498 |
| **Chase Mortgage Finance Trust** <br>4.669% due 03/25/2037 ~ | 95 | 88 |
| **CitiMortgage Alternative Loan Trust** <br>6.000% due 06/25/2037 | 219 | 192 |
| **COMM Mortgage Trust**  |  |  |
| 3.960% due 02/10/2036 ~  | 2100 | 2058 |
| 7.576% due 12/15/2038 •  | 1000 | 987 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.814% due 10/25/2046 •  | 60 | 56 |
| 5.076% due 11/20/2035 •  | 119 | 106 |
| **Countrywide Home Loan Mortgage Pass-Through Trust** <br>4.376% due 02/25/2047 ~ | 35 | 31 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.744% due 01/25/2034 ~ | 66 | 59 |
| **Deutsche Alt-A Securities Mortgage Loan Trust** <br>5.169% due 04/25/2047 •  | 64 | 58 |
| **DOLP Trust** <br>3.704% due 05/10/2041 ~ | 1600 | 1338 |
| **DROP Mortgage Trust**  |  |  |
| 6.676% due 10/15/2043 •  | 1000 | 913 |
| 7.176% due 10/15/2043 •  | 996 | 856 |
| **Extended Stay America Trust**  |  |  |
| 6.126% due 07/15/2038 •  | 279 | 279 |
| 6.676% due 07/15/2038 •  | 493 | 494 |
| **GS Mortgage Securities Trust** <br>3.722% due 10/10/2049 ~ | 200 | 168 |
| **HarborView Mortgage Loan Trust** <br>4.306% due 06/19/2036 ~ | 113 | 46 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 4.774% due 01/25/2037 •  | 58 | 52 |
| 4.954% due 07/25/2035 •  | 344 | 230 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 5.976% due 04/15/2038 •  | 365 | 365 |
| 6.176% due 03/15/2036 •  | 100 | 73 |
| 6.376% due 04/15/2038 •  | 900 | 901 |
| 6.516% due 06/15/2038 •  | 1000 | 912 |
| 6.726% due 03/15/2036 •  | 1600 | 997 |
| 7.526% due 03/15/2036 •  | 300 | 136 |
| **KREST Commercial Mortgage Securities Trust** <br>3.024% due 11/05/2044 ~ | 2000 | 1309 |
| **Merrill Lynch Alternative Note Asset Trust** <br>4.834% due 03/25/2037 •  | 738 | 199 |
| **MFT Mortgage Trust** <br>3.392% due 08/10/2040 ~ | 1180 | 816 |
| **MFT Trust** <br>3.358% due 02/10/2042 | 100 | 77 |
| **Morgan Stanley Capital Trust**  |  |  |
| 5.726% due 12/15/2036 •  | 1480 | 804 |
| 6.226% due 12/15/2036 •  | 1097 | 128 |
| **Morgan Stanley Mortgage Loan Trust** <br>4.754% due 06/25/2036 •  | 251 | 49 |
| **Natixis Commercial Mortgage Securities Trust** <br>0.661% due 02/15/2039 ~(a) | 23885 | 415 |
| **NYO Commercial Mortgage Trust** <br>6.971% due 11/15/2038 •  | 1500 | 1474 |
| **One New York Plaza Trust**  |  |  |
| 5.376% due 01/15/2036 •  | 200 | 195 |
| 5.676% due 01/15/2036 •  | 1000 | 966 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 5.500% due 02/25/2036  | 199 | 164 |
| 6.000% due 06/25/2036  | 119 | 97 |
| 6.000% due 06/25/2037  | 178 | 143 |
| **Residential Asset Securitization Trust**  |  |  |
| 2.256% due 04/25/2037 •(a)  | 510 | 65 |
| 4.744% due 04/25/2037 •  | 510 | 107 |
| **SFO Commercial Mortgage Trust**  |  |  |
| 6.226% due 05/15/2038 •  | 450 | 444 |
| 6.826% due 05/15/2038 •  | 450 | 442 |
| **Starwood Mortgage Trust**  |  |  |
| 6.731% due 11/15/2036 •  | 1100 | 1097 |
| 6.826% due 04/15/2034 •  | 1000 | 985 |
| **Trinity Square PLC** <br>5.617% due 07/15/2059 ~ | 1800 | 2469 |
| **VASA Trust**  |  |  |
| 6.176% due 07/15/2039 •  | $400 | 364 |
| 6.526% due 07/15/2039 •  | 400 | 355 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>6.000% due 11/25/2037 | 72 | 70 |
| **Worldwide Plaza Trust**  |  |  |
| 3.526% due 11/10/2036  | 100 | 71 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| 3.715% due 11/10/2036 ~  |  | 1250 | 274 |
| Total Non-Agency Mortgage-Backed Securities (Cost $45,790) |  |  | 39085 |
| **ASSET-BACKED SECURITIES 11.1%**  |  |  |  |
| **AUTOMOBILE SEQUENTIAL 1.5%**  |  |  |  |
| **First Help Financial Issuer Trust**  |  |  |  |
| 4.920% due 02/15/2031  |  | 1400 | 1405 |
| 5.690% due 02/15/2030  |  | 732 | 739 |
| 5.890% due 06/15/2030  |  | 1805 | 1827 |
| **First Help Financial Trust** <br>4.430% due 01/18/2028 |  | 115 | 115 |
| **Research-Driven Pagaya Motor Asset Trust**  |  |  |  |
| 2.650% due 03/25/2030  |  | 418 | 409 |
| 5.320% due 09/25/2030  |  | 295 | 296 |
|  |  |  | 4791 |
| **CMBS OTHER 0.2%**  |  |  |  |
| **Starwood Commercial Mortgage Trust** <br>6.529% due 04/18/2038 •  |  | 400 | 398 |
| **HOME EQUITY OTHER 3.2%**  |  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>4.774% due 11/25/2036 •  |  | 467 | 191 |
| **Argent Securities Trust** <br>4.734% due 07/25/2036 •  |  | 140 | 126 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>6.234% due 11/25/2034 •  |  | 300 | 274 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |  |
| 3.921% due 01/25/2036 •  |  | 2085 | 1869 |
| 6.279% due 05/25/2035 •  |  | 403 | 380 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |  |
| 4.714% due 11/25/2036 •  |  | 30 | 30 |
| 5.789% due 12/25/2034 •  |  | 215 | 214 |
| **Centex Home Equity Loan Trust**  |  |  |  |
| 5.364% due 09/25/2034 •  |  | 57 | 57 |
| 5.394% due 03/25/2035 •  |  | 204 | 203 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |  |
| 4.869% due 01/25/2045 •  |  | 261 | 247 |
| 4.914% due 03/25/2047 •  |  | 195 | 184 |
| **EquiFirst Mortgage Loan Trust** <br>6.234% due 04/25/2035 •  |  | 210 | 190 |
| **GSAA Home Equity Trust**  |  |  |  |
| 4.574% due 03/25/2036 •  |  | 49 | 16 |
| 6.000% due 10/25/2037  |  | 8 | 7 |
| 6.948% due 06/25/2036 þ  |  | 214 | 48 |
| **Long Beach Mortgage Loan Trust** <br>4.754% due 10/25/2036 •  |  | 732 | 228 |
| **MASTR Asset-Backed Securities Trust** <br>5.334% due 10/25/2035 •  |  | 225 | 207 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.034% due 12/25/2036 •  |  | 1010 | 977 |
| **New Century Home Equity Loan Trust** <br>5.169% due 10/25/2035 •  |  | 1800 | 1563 |
| **Residential Asset Securities Corp. Trust** <br>5.314% due 08/25/2034 •  |  | 80 | 80 |
| **Structured Asset Investment Loan Trust** <br>5.409% due 05/25/2035 •  |  | 1639 | 1501 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |  |
| 4.854% due 02/25/2037 •  |  | 71 | 70 |
| 4.869% due 07/25/2036 •  |  | 1559 | 1545 |
|  |  |  | 10207 |
| **WHOLE LOAN COLLATERAL 0.8%**  |  |  |  |
| **First Franklin Mortgage Loan Trust** <br>4.709% due 03/25/2036 •  |  | 1607 | 1536 |
| **Lehman XS Trust** <br>4.774% due 10/25/2036 •  |  | 110 | 99 |
| **Residential Asset Mortgage Products Trust**  |  |  |  |
| 5.302% due 10/25/2033 •  |  | 172 | 172 |
| 5.634% due 01/25/2035 •  |  | 692 | 658 |
| **Specialty Underwriting & Residential Finance Trust** <br>5.604% due 12/25/2035 •  |  | 124 | 123 |
|  |  |  | 2588 |
| **OTHER ABS 5.4%**  |  |  |  |
| **37 Capital CLO Ltd.** <br>5.546% due 07/15/2034 •  |  | 1300 | 1302 |
| **Arbour CLO DAC** <br>3.293% due 11/15/2037 •  | EUR | 2600 | 3063 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CVC** **Cordatus Opportunity Loan Fund-R DAC** <br>3.683% due 08/15/2033 •  | 1400 | 1652 |
| **GoodLeap Sustainable Home Solutions Trust**  |  |  |
| 4.000% due 04/20/2049  | $791 | 691 |
| 4.950% due 07/20/2049  | 803 | 726 |
| **Loanpal Solar Loan Ltd.** <br>2.220% due 03/20/2048 | 122 | 99 |
| **Mosaic Solar Loan Trust** <br>2.640% due 01/20/2053 | 506 | 435 |
| **Northwoods Capital Ltd.** <br>5.558% due 11/13/2031 •  | 1475 | 1473 |
| **Palmer Square European Loan Funding DAC** <br>4.179% due 01/15/2033 •  | 1000 | 1180 |
| **Regatta Funding Ltd.** <br>5.456% due 01/15/2033 •  | $1363 | 1363 |
| **Service Experts Issuer LLC** <br>2.670% due 02/02/2032 | 288 | 281 |
| **Sunnova Helios Issuer LLC** <br>5.300% due 05/20/2050 | 972 | 897 |
| **Sunnova Sol Issuer LLC**  |  |  |
| 2.790% due 02/22/2049  | 1343 | 1125 |
| 5.400% due 04/30/2058  | 1047 | 1010 |
| **Sunrun Demeter Issuer LLC** <br>2.270% due 01/30/2057 | 613 | 544 |
| **Tesla Sustainable Energy Trust** <br>5.080% due 06/21/2050 | 1353 | 1359 |
| **Upstart Pass-Through Trust** <br>3.800% due 04/20/2030 | 60 | 59 |
|  |  | 17259 |
| Total Asset-Backed Securities (Cost $35,834) |  | 35243 |
| **SOVEREIGN ISSUES 5.0%**  |  |  |
| **Brazil Government International Bond** <br>6.125% due 03/15/2034 | 700 | 695 |
| **Chile Government International Bond**  |  |  |
| 2.750% due 01/31/2027  | 300 | 292 |
| 3.500% due 01/31/2034  | 300 | 270 |
| **Fondo Mivivienda SA** <br>4.625% due 04/12/2027 | 400 | 401 |
| **Hungary Government International Bond** <br>4.000% due 07/25/2029 | 1100 | 1332 |
| **Mexican Udibonos** <br>4.000% due 08/24/2034 (e) | 45054 | 2234 |
| **Mexico Government International Bond**  |  |  |
| 2.250% due 08/12/2036  | 610 | 559 |
| 4.490% due 05/25/2032  | 1100 | 1313 |
| **Peru Government International Bond** <br>7.300% due 08/12/2033 | 4800 | 1478 |
| **Republic of South Africa Government International Bond**  |  |  |
| 8.875% due 02/28/2035  | 90375 | 4767 |
| 10.500% due 12/21/2026  | 7540 | 442 |
| **Republic of Uzbekistan International Bond** <br>5.375% due 05/29/2027 | 400 | 483 |
| **Romania Government International Bond**  |  |  |
| 2.000% due 04/14/2033  | 200 | 181 |
| 5.500% due 09/18/2028  | 500 | 614 |
| 6.375% due 09/18/2033  | 500 | 607 |
| **Serbia Government International Bond** <br>1.000% due 09/23/2028 | 300 | 326 |
| **Uruguay Government International Bond** <br>4.975% due 04/20/2055 | $100 | 89 |
| Total Sovereign Issues (Cost $15,523) |  | 16083 |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **FINANCIALS 0.0%**  |  |  |
| **MNSN Holdings, Inc. «(b)(h)** | 1017 | 4 |
| Total Common Stocks (Cost $17) |  | 4 |
| **PREFERRED SECURITIES 0.3%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **CaixaBank SA**<br>5.875% due 10/09/2027 •(f)(g) | 200000 | 245 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Goldman** **Sachs Group, Inc.**<br>3.650% due 08/10/2026 •(f) | 100000 | 98 |
|  |  | 343 |
| **INDUSTRIALS 0.2%**  |  |  |
| **SVB Financial Trust**<br>11.000% due 11/07/2032 | 1159 | 614 |
| Total Preferred Securities (Cost $1,309) |  | 957 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 0.2%**  |  |  |
| **U.S. TREASURY BILLS 0.2%**  |  |  |
| 4.345% due 08/21/2025 - 09/11/2025 (c)(d)(m) | $721 | 715 |
| Total Short-Term Instruments (Cost $715) |  | 715 |
| Total Investments in Securities (Cost $404,356) |  | 399563 |
| Total Investments 125.3% (Cost $404,356) |  | $399563 |
| **Financial Derivative Instruments (j)(l) (0.3)**%(Cost or Premiums, net $2,465) |  | (838) |
| Other Assets and Liabilities, net (25.0)% |  | (79856) |
| Net Assets 100.0% |  | $318869 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(g)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(h)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| MNSN Holdings, Inc. | MNSN Holdings, Inc. | MNSN Holdings, Inc. | 04/26/2022 - 07/19/2023 | 04/26/2022 - 07/19/2023 | 04/26/2022 - 07/19/2023 | 04/26/2022 - 07/19/2023 | 17 | 17 | 4 | 4 | % |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOS | BOS | 4.450%  | 06/17/2025 | 06/17/2025 | 07/15/2025 | 07/15/2025 | 07/15/2025 | (1220) | (1220) | (1222) | (1222) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  | **(1222)** | **(1222)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Borrowing Date | Borrowing Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(2)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(2)</sup> |
| BPG | BPG | 4.500%  | 06/25/2025 | 06/25/2025 | 07/02/2025 | 07/02/2025 | 07/02/2025 | (3244) | (3244) | (3246) | (3246) |
| TDM | TDM | 4.450  | 06/12/2025 | 06/12/2025 | 07/03/2025 | 07/03/2025 | 07/03/2025 | (9369) | (9369) | (9391) | (9391) |
|  |  | 4.470  | 06/24/2025 | 06/24/2025 | 07/01/2025 | 07/01/2025 | 07/01/2025 | (940) | (940) | (941) | (941) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  |  |  | **(13578)** | **(13578)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Coupon | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% | U.S. Government Agencies (5.1)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 2.000% | 08/01/2055 | $ | 750 | $(590) | (590) | (594) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 2.500 | 08/01/2055 |  | 750 | (618) | (618) | (622) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 3.000 | 07/01/2055 |  | 500 | (427) | (427) | (433) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.000 | 5.000 | 07/01/2055 |  | 8300 | (8027) | (8027) | (8135) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.500 | 5.500 | 08/01/2055 |  | 6400 | (6357) | (6357) | (6394) |
| **Total Short Sales (5.1)%** | **Total Short Sales (5.1)%** | **Total Short Sales (5.1)%** | **Total Short Sales (5.1)%** |  |  |  |  |  | $**(16019)** | **(16019)** | **(16178)** |
| **(i)** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,596 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(25494) at a weighted average interest rate of 4.456%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. | Payable for sale-buyback transactions includes $(3) of deferred price drop. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 3 | 3 | $3 | 3 | (1) | (1) | $ | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | 3 | (1) | (1) |  | (1) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 1 | 1 | 1 | 1 | 0 | 0 |  | 0 |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 1 | 1 | 1 | 1 | 0 | 0 |  | 0 |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 1 | 1 | 1 | 1 | 0 | 0 |  | 0 |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 1 | 1 | 1 | 1 | (1) | (1) |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | (3) | (3) | $ | (2) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 3 | $3 | 3 | (1) | (1) | $ | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 12 | 12 | 12 | (5) | (5) |  | (1) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) |  | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) |  | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 15 | 15 | 15 | (6) | (6) |  | (8) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) |  | (1) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) |  | (2) |
|  |  |  |  |  |  |  |  |  |  |  |  | $ | (16) | (16) | $ | (13) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(19)** | **(19)** | **$** | **(15)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 60 | 60 | 4526 | 4526 | 4526 |  | $37 | 37 | 37 | 0 | 0 | 0 | (21) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 6 | 6 | 920 | 920 | 920 |  | (7) | (7) | (7) | 0 | 0 | 0 | (3) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 368 | 368 | 76553 | 76553 | 76553 |  | 296 | 296 | 296 | 20 | 20 | 20 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 293 | 293 | 31937 | 31937 | 31937 |  | 331 | 331 | 331 | 39 | 39 | 39 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 641 | 641 | 71872 | 71872 | 71872 |  | 1234 | 1234 | 1234 | 201 | 201 | 201 | 0 |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 46 | 46 | 5312 | 5312 | 5312 |  | 134 | 134 | 134 | 46 | 46 | 46 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 9 | 9 | 1072 | 1072 | 1072 |  | 33 | 33 | 33 | 12 | 12 | 12 | 0 |
|  |  |  |  |  |  |  |  |  |  | 2058 | 2058 | $ | 318 | 318 | $ | (24) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2026 | 03/2026 | 5 | 5 | (1204) | (1204) | (1204) |  | $19 | 19 | 19 | 0 | 0 | 0 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2025 | 09/2025 | 4 | 4 | (957) | (957) | (957) |  | 22 | 22 | 22 | 0 | 0 | 0 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 06/2026 | 4 | 4 | (966) | (966) | (966) |  | 12 | 12 | 12 | 0 | 0 | 0 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2025 | 12/2025 | 4 | 4 | (960) | (960) | (960) |  | 18 | 18 | 18 | 0 | 0 | 0 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 6 | 6 | (686) | (686) | (686) |  | (17) | (17) | (17) | 0 | 0 | 0 | (3) |
|  |  |  |  |  |  |  |  |  |  | 54 | 54 | $ | 0 | 0 | $ | (3) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** |  | **2112** | **2112** | **$** | **318** | **318** | **$** | **(27)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> |  | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| British Telecommunications PLC  | 06/20/2028 | 0.291 | EUR | 200 | 200 | (1) | (1) | (1) | $ | 6 | 6 | 5 | 5 | 0 | 0 | 0 |
| British Telecommunications PLC  | 12/20/2028 | 0.355 |  | 700 | 700 | (10) | (10) | (10) |  | 28 | 28 | 18 | 18 | 0 | 0 | 0 |
|  |  |  |  |  |  | $(11) | (11) | (11) | $ | 34 | 34 | 23 | 23 | $0 | 0 | $0 |

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------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** | **INTEREST** **RATE SWAPS** |
|  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.500% | Annual | 03/19/2030 | 30025 | $(583) | $210 | $(373) | (373) | $0 | $(2) |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 4.320 | Annual | 10/20/2033 | 100 | (1) | 5 | 4 | 4 | 0 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.700 | Annual | 03/28/2034 | 100 | 0 | 2 | 2 | 2 | 0 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.500 | Annual | 03/19/2035 | 1700 | 106 | (10) | 96 | 96 | 1 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Annual | 12/15/2026 | 590000 | 16 | 33 | 49 | 49 | 0 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Annual | 06/16/2028 | 1600000 | 90 | 173 | 263 | 263 | 6 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.550 | Annual | 09/14/2028 | 260000 | (5) | (8) | (13) | (13) | 0 | (1) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Annual | 12/15/2028 | 1100000 | 203 | 31 | 234 | 234 | 5 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.700 | Annual | 09/18/2029 | 580000 | 8 | 10 | 18 | 18 | 3 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.400 | Annual | 06/15/2032 | 233400 | 1 | 67 | 68 | 68 | 3 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 09/18/2034 | 340000 | 20 | 3 | 23 | 23 | 5 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.500 | Annual | 03/15/2042 | 79000 | 20 | 79 | 99 | 99 | 3 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.620 | Annual | 07/24/2025 | $3200 | 24 | 44 | 68 | 68 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.600 | Annual | 01/16/2026 | 3500 | 45 | 48 | 93 | 93 | 1 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.300 | Annual | 01/17/2026 | 2500 | 1 | 49 | 50 | 50 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.928 | Semi-Annual | 05/06/2026 | 250 | 0 | 8 | 8 | 8 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 06/20/2026 | 30800 | (401) | 432 | 31 | 31 | 3 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 12/20/2026 | 11200 | 250 | (283) | (33) | (33) | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.350 | Semi-Annual | 01/20/2027 | 100 | 0 | 4 | 4 | 4 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.360 | Semi-Annual | 02/15/2027 | 550 | 0 | 22 | 22 | 22 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.450 | Semi-Annual | 02/17/2027 | 500 | 0 | 19 | 19 | 19 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.420 | Semi-Annual | 02/24/2027 | 400 | 0 | 15 | 15 | 15 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.430 | Annual | 09/30/2027 | 700 | 0 | 27 | 27 | 27 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.450 | Annual | 10/04/2027 | 670 | 0 | 25 | 25 | 25 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/13/2027 | 600 | (1) | (1) | (2) | (2) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Semi-Annual | 12/16/2027 | 500 | (9) | 41 | 32 | 32 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/21/2028 | 890 | 20 | (16) | 4 | 4 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.500 | Semi-Annual | 01/12/2029 | 110 | 0 | 8 | 8 | 8 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.940 | Annual | 02/22/2029 | 500 | (1) | 10 | 9 | 9 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.970 | Annual | 02/27/2029 | 200 | (1) | 5 | 4 | 4 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2029 | 26800 | (196) | (156) | (352) | (352) | 0 | (34) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2029 | 2470 | 228 | (53) | 175 | 175 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2030 | 54800 | 2787 | (1587) | 1200 | 1200 | 0 | (82) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 06/21/2030 | 1440 | 41 | (13) | 28 | 28 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Semi-Annual | 12/16/2030 | 1900 | (15) | 274 | 259 | 259 | 0 | (3) |

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------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.450 | Semi-Annual | 05/10/2031 | 800 | 8 | 93 | 101 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.750 | Semi-Annual | 06/16/2031 | 700 | 52 | 62 | 114 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2031 | 8400 | 190 | (312) | (122) | 0 | (18) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.450 | Semi-Annual | 07/16/2031 | 250 | (1) | 33 | 32 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2032 | 13800 | (751) | 484 | (267) | 34 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.610 | Annual | 12/12/2032 | 200 | (1) | 1 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.350 | Annual | 12/14/2032 | 100 | 0 | 2 | 2 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 05/22/2033 | 18580 | 179 | (64) | 115 | 0 | (56) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 06/06/2033 | 11110 | (57) | (31) | (88) | 0 | (34) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 06/21/2033 | 3490 | 52 | 92 | 144 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 11/22/2033 | 200 | (1) | (8) | (9) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.030 | Annual | 12/15/2033 | 200 | (1) | (5) | (6) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.950 | Annual | 12/19/2033 | 200 | (1) | (3) | (4) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | 12/26/2033 | 100 | 0 | (1) | (1) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.854 | Annual | 12/29/2033 | 200 | (1) | (2) | (3) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 01/02/2034 | 100 | 0 | (1) | (1) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.810 | Annual | 01/02/2034 | 100 | 0 | (1) | (1) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.684 | Annual | 01/03/2034 | 100 | (1) | 1 | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.648 | Annual | 01/08/2034 | 200 | (1) | 1 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.670 | Annual | 01/08/2034 | 200 | (1) | 1 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.594 | Annual | 01/09/2034 | 200 | 0 | 1 | 1 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.600 | Annual | 01/17/2034 | 200 | (1) | 2 | 1 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | 01/23/2034 | 100 | 0 | 1 | 1 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.738 | Annual | 01/23/2034 | 100 | 0 | 1 | 1 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 01/24/2034 | 100 | 0 | 0 | 0 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.665 | Annual | 01/24/2034 | 200 | (1) | 1 | 0 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.685 | Annual | 01/24/2034 | 200 | (1) | 1 | 0 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 01/31/2034 | 100 | 0 | 0 | 0 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.725 | Annual | 02/07/2034 | 100 | (1) | 2 | 1 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.783 | Annual | 02/07/2034 | 100 | (1) | 2 | 1 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.860 | Annual | 02/21/2034 | 400 | (2) | 8 | 6 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.650 | Annual | 03/05/2034 | 200 | (1) | 1 | 0 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 03/05/2034 | 100 | 0 | 0 | 0 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.710 | Annual | 03/05/2034 | 200 | (1) | 2 | 1 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 04/10/2034 | 200 | (1) | 5 | 4 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 04/15/2034 | 100 | 0 | 2 | 2 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.950 | Annual | 04/16/2034 | 200 | (1) | 6 | 5 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.080 | Annual | 04/17/2034 | 200 | (1) | 8 | 7 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.085 | Annual | 04/22/2034 | 200 | (1) | 8 | 7 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.150 | Annual | 04/22/2034 | 200 | (1) | 9 | 8 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.078 | Annual | 04/29/2034 | 200 | (1) | 8 | 7 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.090 | Annual | 04/30/2034 | 500 | (1) | 18 | 17 | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.130 | Annual | 05/03/2034 | 200 | (1) | 9 | 8 | 1 | 0 |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.080 | Annual | 06/05/2034 | 200 | (1) | (6) | (7) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 | 11400 | (56) | (44) | (100) | 0 | (40) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.994 | Annual | 07/02/2034 | 300 | (1) | (5) | (6) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.060 | Annual | 07/02/2034 | 200 | (1) | (4) | (5) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 07/10/2034 | 400 | (1) | (3) | (4) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | 08/05/2034 | 200 | (1) | (1) | (2) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.795 | Annual | 08/06/2034 | 200 | (1) | 0 | (1) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.645 | Annual | 08/07/2034 | 200 | (1) | 3 | 2 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.715 | Annual | 08/07/2034 | 200 | (1) | 1 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.679 | Annual | 08/13/2034 | 200 | (1) | 2 | 1 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.569 | Annual | 08/14/2034 | 200 | (1) | 4 | 3 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.595 | Annual | 08/19/2034 | 400 | (1) | 6 | 5 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.532 | Annual | 08/20/2034 | 200 | (1) | 5 | 4 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.558 | Annual | 08/21/2034 | 200 | (1) | 4 | 3 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.613 | Annual | 08/22/2034 | 200 | (1) | 3 | 2 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 08/28/2034 | 200 | (1) | 4 | 3 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.565 | Annual | 08/28/2034 | 200 | (1) | 4 | 3 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.599 | Annual | 08/28/2034 | 200 | (1) | 3 | 2 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.605 | Annual | 08/28/2034 | 100 | 0 | 1 | 1 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.611 | Annual | 08/28/2034 | 400 | (2) | 6 | 4 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.643 | Annual | 08/28/2034 | 200 | (1) | 3 | 2 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.470 | Annual | 09/04/2034 | 100 | 0 | 2 | 2 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.514 | Annual | 09/04/2034 | 200 | (1) | 5 | 4 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.525 | Annual | 09/04/2034 | 200 | (1) | 5 | 4 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.410 | Annual | 09/05/2034 | 200 | (1) | 7 | 6 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.232 | Annual | 09/10/2034 | 100 | (1) | 5 | 4 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.240 | Annual | 09/16/2034 | 100 | 0 | 4 | 4 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.278 | Annual | 09/16/2034 | 200 | (1) | 9 | 8 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.231 | Annual | 09/18/2034 | 200 | (1) | 10 | 9 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.248 | Annual | 09/18/2034 | 200 | (1) | 9 | 8 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.450 | Annual | 10/11/2034 | 200 | (1) | (4) | (5) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.375 | Annual | 10/15/2034 | 200 | (1) | (5) | (6) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.385 | Annual | 10/17/2034 | 200 | (1) | (5) | (6) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.395 | Annual | 10/17/2034 | 300 | (1) | (7) | (8) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.400 | Annual | 10/17/2034 | 100 | 0 | (3) | (3) | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.446 | Annual | 10/23/2034 | 200 | (1) | (4) | (5) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.463 | Annual | 10/23/2034 | 200 | (1) | (3) | (4) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.481 | Annual | 10/29/2034 | 200 | (1) | (3) | (4) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.465 | Annual | 10/30/2034 | 400 | (1) | (8) | (9) | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.495 | Annual | 10/30/2034 | 200 | (1) | (3) | (4) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.515 | Annual | 11/06/2034 | 1100 | (4) | (15) | (19) | 4 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.866 | Annual | 11/14/2034 | 600 | (2) | 10 | 8 | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.865 | Annual | 11/20/2034 | 600 | (3) | 11 | 8 | 2 | 0 |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.015 | Annual | 12/30/2034 |  | 200 | (1) | 6 | 5 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.933 | Annual | 01/06/2035 |  | 200 | (1) | 5 | 4 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.840 | Annual | 01/08/2035 |  | 200 | (1) | 3 | 2 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | 01/08/2035 |  | 100 | 0 | 1 | 1 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.896 | Annual | 01/08/2035 |  | 200 | (1) | 4 | 3 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 01/08/2035 |  | 200 | (1) | 4 | 3 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.970 | Annual | 01/15/2035 |  | 100 | 0 | 2 | 2 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.071 | Annual | 01/15/2035 |  | 200 | (1) | 7 | 6 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 01/21/2035 |  | 100 | 0 | 3 | 3 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.090 | Annual | 01/22/2035 |  | 200 | (1) | 8 | 7 | 1 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 02/26/2035 |  | 250 | (1) | (5) | (6) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.890 | Annual | 03/03/2035 |  | 100 | 0 | (2) | (2) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.908 | Annual | 03/04/2035 |  | 200 | (1) | (3) | (4) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 03/05/2035 |  | 100 | 0 | (1) | (1) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | 03/05/2035 |  | 200 | (1) | (2) | (3) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 |  | 200 | (1) | (3) | (4) | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 |  | 5800 | (435) | 211 | (224) | 22 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 |  | 400 | (1) | (7) | (8) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 |  | 200 | (1) | (2) | (3) | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/07/2035 |  | 400 | (2) | 4 | 2 | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.967 | Semi-Annual | 06/23/2051 |  | 100 | (1) | 38 | 37 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.785 | Semi-Annual | 08/12/2051 |  | 250 | (3) | 103 | 100 | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.815 | Semi-Annual | 01/24/2052 |  | 50 | 0 | (20) | (20) | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.867 | Semi-Annual | 01/26/2052 |  | 50 | 0 | (19) | (19) | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 12/21/2052 |  | 100 | (30) | (8) | (38) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.080 | Annual | 02/23/2053 |  | 200 | (2) | (28) | (30) | 1 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.750 | Annual | 06/21/2053 |  | 2400 | 149 | 338 | 487 | 0 | (16) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.370 | Annual | 07/12/2053 |  | 100 | (1) | (10) | (11) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.537 | Annual | 07/24/2053 |  | 100 | (7) | (19) | (26) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.830 | Annual | 10/12/2053 |  | 100 | (1) | (1) | (2) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 10/16/2053 |  | 100 | (1) | 0 | (1) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 10/17/2053 |  | 100 | (1) | 0 | (1) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 03/05/2054 |  | 100 | (1) | (6) | (7) | 1 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 3000 | 179 | 46 | 225 | 0 | (24) |
| Pay | 1-Year BRL-CDI | 9.815 | Maturity | 01/04/2027 | BRL | 13200 | 0 | (169) | (169) | 3 | 0 |
| Pay | 1-Year BRL-CDI | 9.832 | Maturity | 01/04/2027 |  | 6100 | 0 | (78) | (78) | 1 | 0 |
| Pay | 1-Year BRL-CDI | 10.256 | Maturity | 01/04/2027 |  | 18400 | (7) | (194) | (201) | 4 | 0 |
| Pay | 1-Year BRL-CDI | 13.354 | Maturity | 01/02/2029 |  | 83675 | (39) | 142 | 103 | 76 | 0 |
| Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 | AUD | 6300 | 134 | 16 | 150 | 0 | (12) |
| Pay | 3-Month EUR-EURIBOR | 2.770 | Annual | 04/16/2029 | EUR | 200 | 0 | 5 | 5 | 0 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.860 | Annual | 04/24/2029 |  | 100 | 0 | 3 | 3 | 0 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.780 | Annual | 05/02/2029 |  | 200 | 0 | 6 | 6 | 0 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.827 | Annual | 05/06/2029 |  | 200 | 0 | 6 | 6 | 0 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.950 | Annual | 06/12/2029 |  | 100 | 0 | 4 | 4 | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.818 | Annual | 06/26/2029 |  | 200 | 0 | (6) | (6) | 0 | 0 |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 3-Month EUR-EURIBOR | 2.650 | Annual | 08/14/2029 |  | 200 | 0 | (7) | (7) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.300 | Annual | 09/25/2029 |  | 200 | 0 | (3) | (3) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.400 | Annual | 04/09/2030 |  | 200 | 0 | (2) | (2) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.350 | Annual | 04/29/2030 |  | 200 | 0 | (1) | (1) | 0 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.770 | Annual | 04/29/2034 |  | 100 | 0 | 2 | 2 | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.710 | Annual | 08/06/2034 |  | 200 | (1) | (5) | (6) | 1 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.680 | Annual | 08/07/2034 |  | 100 | 0 | (3) | (3) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.590 | Annual | 08/19/2034 |  | 100 | 0 | (2) | (2) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.580 | Annual | 08/29/2034 |  | 100 | 0 | (2) | (2) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.390 | Annual | 10/01/2034 |  | 100 | 0 | 0 | 0 | 0 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.380 | Annual | 12/31/2034 |  | 100 | 0 | (1) | (1) | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.510 | Annual | 04/09/2035 |  | 100 | 0 | 1 | 1 | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.520 | Annual | 04/09/2035 |  | 100 | 0 | 1 | 1 | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.550 | Annual | 04/16/2035 |  | 100 | 0 | 0 | 0 | 0 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.450 | Annual | 05/05/2035 |  | 100 | 0 | 1 | 1 | 0 | 0 |
| Pay | 3-Month NZD-BBR | 4.750 | Semi-Annual | 06/19/2029 | NZD | 1600 | 10 | 38 | 48 | 0 | (1) |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/20/2034 | AUD | 4000 | (15) | 119 | 104 | 0 | (5) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/13/2027 | EUR | 700 | (3) | (13) | (16) | 0 | 0 |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/18/2027 |  | 450 | (2) | (9) | (11) | 0 | 0 |
| Pay | 6-Month EUR-EURIBOR | 3.370 | Annual | 10/09/2028 |  | 200 | (1) | 15 | 14 | 0 | 0 |
| Pay | 6-Month EUR-EURIBOR | 3.450 | Annual | 10/20/2028 |  | 200 | 0 | 15 | 15 | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.270 | Annual | 11/08/2028 |  | 200 | (1) | (12) | (13) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.255 | Annual | 11/22/2028 |  | 100 | 0 | (6) | (6) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.179 | Annual | 11/29/2028 |  | 100 | 0 | (6) | (6) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.920 | Annual | 12/13/2028 |  | 200 | 0 | (10) | (10) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.880 | Annual | 12/19/2028 |  | 200 | 0 | (9) | (9) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.950 | Annual | 12/29/2028 |  | 100 | 0 | (5) | (5) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.760 | Annual | 01/03/2029 |  | 100 | 0 | (3) | (3) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.360 | Annual | 10/07/2029 |  | 200 | 0 | (4) | (4) | 0 | 0 |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 13100 | 208 | (185) | 23 | 14 | 0 |
| Pay | 6-Month EUR-EURIBOR | 2.547 | Annual | 03/09/2033 |  | 500 | (11) | 14 | 3 | 0 | (1) |
| Pay | 6-Month EUR-EURIBOR | 3.270 | Annual | 08/21/2033 |  | 100 | 0 | 9 | 9 | 0 | 0 |
| Pay | 6-Month EUR-EURIBOR | 3.300 | Annual | 10/03/2033 |  | 400 | (2) | 39 | 37 | 0 | (1) |
| Receive | 6-Month EUR-EURIBOR | 3.250 | Annual | 11/06/2033 |  | 100 | (1) | (8) | (9) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.148 | Annual | 11/20/2033 |  | 100 | 0 | (8) | (8) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.280 | Annual | 11/22/2033 |  | 100 | 0 | (9) | (9) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.305 | Annual | 11/27/2033 |  | 100 | 0 | (9) | (9) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.128 | Annual | 12/04/2033 |  | 100 | 0 | (7) | (7) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 3.063 | Annual | 12/06/2033 |  | 100 | 0 | (7) | (7) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.990 | Annual | 12/08/2033 |  | 100 | 0 | (6) | (6) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.970 | Annual | 12/15/2033 |  | 200 | (1) | (11) | (12) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.890 | Annual | 12/22/2033 |  | 200 | (1) | (9) | (10) | 0 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.910 | Annual | 12/29/2033 |  | 100 | 0 | (5) | (5) | 0 | 0 |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.650 | Annual | Annual | 01/08/2034 | 200 |  | (1) |  | (1) |  | (2) |  | 1 | 1 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.760 | Annual | Annual | 03/04/2034 | 100 |  | 0 |  | 2 |  | 2 |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.750 | Annual | Annual | 03/05/2034 | 100 |  | 0 |  | 2 |  | 2 |  | 0 | 0 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.670 | Annual | Annual | 04/03/2034 | 100 |  | 0 |  | (1) |  | (1) |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.410 | Annual | Annual | 11/05/2034 | 400 |  | (1) |  | 1 |  | 0 |  | 0 | 0 |  | (1) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.220 | Annual | Annual | 01/08/2035 | 100 |  | 0 |  | (4) |  | (4) |  | 0 | 0 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.400 | Annual | Annual | 02/12/2035 | 100 |  | 0 |  | 2 |  | 2 |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.420 | Annual | Annual | 03/07/2035 | 100 |  | 0 |  | (2) |  | (2) |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.610 | Annual | Annual | 03/24/2035 | 100 |  | 0 |  | 0 |  | 0 |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.520 | Annual | Annual | 03/27/2035 | 100 |  | 0 |  | (1) |  | (1) |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.460 | Annual | Annual | 04/01/2035 | 100 |  | 0 |  | (1) |  | (1) |  | 0 | 0 |  | 0 |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2035 | 4000 |  | 197 |  | (44) |  | 153 |  | 8 | 8 |  | 0 |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2055 | 300 |  | 25 |  | 12 |  | 37 |  | 1 | 1 |  | 0 |
|  |  |  |  |  |  |  |  | $ | $2510 | 2510 | $191 | 191 | $2701 | 2701 | $245 | 245 | 245 | $(396) | (396) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**2499** | **2499** | $**225** | **225** | $**2724** | **2724** | $**245** | **245** | **245** | $**(396)** | **(396)** |
| **(k)** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $1,099 and cash of $6,966 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(l)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | EUR | 24660 | 24660 | $ | $28040 | 28040 | 28040 | 0 | 0 | 0 | 0 | $(1009) | (1009) | (1009) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 66 | 66 |  | 12 | 12 | 12 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $12 | 12 | BRL | 66 | 66 | 66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 2 | 2 | JPY | 231 | 231 | 231 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 05/2026  | 05/2026  | 05/2026  |  | 46 | 46 | KWD | 14 | 14 | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 06/2026  | 06/2026  | 06/2026  |  | 33 | 33 |  | 10 | 10 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 06/2027  | 06/2027  | 06/2027  |  | 16 | 16 |  | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 05/2029  | 05/2029  | 05/2029  | KWD | 70 | 70 | $ | $240 | 240 | 240 | 10 | 10 | 10 | 10 | 0 | 0 | 0 |
|  |  |  | 07/2029  | 07/2029  | 07/2029  |  | 9 | 9 |  | 30 | 30 | 30 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 05/2030  | 05/2030  | 05/2030  |  | 51 | 51 |  | 177 | 177 | 177 | 7 | 7 | 7 | 7 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 07/2025  | 07/2025  | AUD | 438 | 438 |  | 282 | 282 | 282 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $9348 | 9348 | GBP | 6871 | 6871 | 6871 | 83 | 83 | 83 | 83 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 149 | 149 | JPY | 21427 | 21427 | 21427 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ZAR | 51826 | 51826 | $ | $2867 | 2867 | 2867 | 0 | 0 | 0 | 0 | (56) | (56) | (56) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | GBP | 6871 | 6871 |  | 9350 | 9350 | 9350 | 0 | 0 | 0 | 0 | (83) | (83) | (83) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 07/2025  | 07/2025  | BRL | 25640 | 25640 |  | 4698 | 4698 | 4698 | 0 | 0 | 0 | 0 | (21) | (21) | (21) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $4483 | 4483 | BRL | 25640 | 25640 | 25640 | 237 | 237 | 237 | 237 | 0 | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  | 09/2025  | PEN | 4201 | 4201 |  | 1144 | 1144 | 1144 | 0 | 0 | 0 | 0 | (39) | (39) | (39) |
|  |  |  | 02/2026  | 02/2026  | 02/2026  |  | 965 | 965 |  | 263 | 263 | 263 | 0 | 0 | 0 | 0 | (8) | (8) | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 07/2025  | 07/2025  | BRL | 25622 | 25622 |  | 4648 | 4648 | 4648 | 0 | 0 | 0 | 0 | (68) | (68) | (68) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $4695 | 4695 | BRL | 25622 | 25622 | 25622 | 21 | 21 | 21 | 21 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ZAR | 216 | 216 | $ | $12 | 12 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 10/2025  | 10/2025  | 10/2025  | $ | $4648 | 4648 | BRL | 26208 | 26208 | 26208 | 66 | 66 | 66 | 66 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 07/2025  | 07/2025  | AUD | 64 | 64 | $ | $42 | 42 | 42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ZAR | 14695 | 14695 |  | 822 | 822 | 822 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | EUR | 24505 | 24505 |  | 28792 | 28792 | 28792 | 0 | 0 | 0 | 0 | (137) | (137) | (137) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $42 | 42 | AUD | 64 | 64 | 64 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 07/2025  | 07/2025  | CAD | 1394 | 1394 | $ | $1015 | 1015 | 1015 | 0 | 0 | 0 | 0 | (9) | (9) | (9) |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 07/2025  | 07/2025  | $328 | 328 | 328 | AUD | 502 | 502 | 502 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1014 | 1014 | 1014 | CAD | 1394 | 1394 | 1394 |  | 10 | 10 | 10 |  | 0 |
|  |  | 07/2025  | 07/2025  | 177 | 177 | 177 | EUR | 155 | 155 | 155 |  | 5 | 5 | 5 |  | 0 |
|  |  | 07/2025  | 07/2025  | 3609 | 3609 | 3609 | JPY | 518550 | 518550 | 518550 |  | 0 | 0 | 0 |  | (8) |
|  |  | 08/2025  | 08/2025  | 1392 | 1392 | 1392 | $ | 1014 | 1014 | 1014 |  | 0 | 0 | 0 |  | (9) |
|  |  | 08/2025  | 08/2025  | $9 | 9 | 9 | JPY | 1230 | 1230 | 1230 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | 368224 | 368224 | 368224 | $ | 2526 | 2526 | 2526 |  | 0 | 0 | 0 |  | (31) |
|  |  | 07/2025  | 07/2025  | $1849 | 1849 | 1849 | JPY | 267044 | 267044 | 267044 |  | 6 | 6 | 6 |  | 0 |
|  |  | 08/2025  | 08/2025  | 2526 | 2526 | 2526 |  | 366871 | 366871 | 366871 |  | 31 | 31 | 31 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 4100 | 4100 | 4100 | $ | 28 | 28 | 28 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $28 | 28 | 28 | JPY | 4085 | 4085 | 4085 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  | 607473 | 607473 | 607473 | $ | 4208 | 4208 | 4208 |  | 0 | 0 | 0 |  | (10) |
|  |  | 08/2025  | 08/2025  | $4208 | 4208 | 4208 | JPY | 605244 | 605244 | 605244 |  | 10 | 10 | 10 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 6871 | 6871 | 6871 | $ | 9303 | 9303 | 9303 |  | 0 | 0 | 0 |  | (128) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | $1204 | 1204 | 1204 | JPY | 174243 | 174243 | 174243 |  | 6 | 6 | 6 |  | 0 |
|  |  | 09/2025  | 09/2025  | 357 | 357 | 357 | MXN | 6922 | 6922 | 6922 |  | 9 | 9 | 9 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**504** | **504** | **504** | **$** | $**(1629)** | **(1629)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| GLM | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.110% | 2.110% | 2.110% | 07/26/2032 | 200 | 200 | 200 | $32 | 32 | $ | $13 |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 2.110 | 2.110 | 2.110 | 07/26/2032 | 300 | 300 | 300 | 49 | 49 |  | 94 |
| MYC | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.400 | 2.400 | 2.400 | 07/20/2027 | 300 | 300 | 300 | 39 | 39 |  | 6 |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 2.400 | 2.400 | 2.400 | 07/20/2027 | 300 | 300 | 300 | 40 | 40 |  | 81 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**160** | **160** | **$** | $**194** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 3.770% | 3.770% | 07/09/2025 | 200 | 200 | 200 | $(1) | (1) | $ | $(2) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 4.120 | 4.120 | 07/09/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.637 | 3.637 | 3.637 | 07/18/2025 | 200 | 200 | 200 | (1) | (1) |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.037 | 4.037 | 4.037 | 07/18/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 3.700 | 3.700 | 07/21/2025 | 200 | 200 | 200 | (1) | (1) |  | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 4.050 | 4.050 | 07/21/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 3.555 | 3.555 | 07/24/2025 | 200 | 200 | 200 | (1) | (1) |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 3.905 | 3.905 | 07/24/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
| CBK | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.605 | 3.605 | 3.605 | 07/23/2025 | 200 | 200 | 200 | (1) | (1) |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.955 | 3.955 | 3.955 | 07/23/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.564 | 3.564 | 3.564 | 07/24/2025 | 200 | 200 | 200 | (1) | (1) |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.914 | 3.914 | 3.914 | 07/24/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.380 | 2.380 | 2.380 | 07/03/2025 | 100 | 100 | 100 | 2 | 2 |  | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.640 | 2.640 | 2.640 | 07/03/2025 | 100 | 100 | 100 | 2 | 2 |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.460 | 2.460 | 2.460 | 07/16/2025 | 100 | 100 | 100 | 1 | 1 |  | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.720 | 2.720 | 2.720 | 07/16/2025 | 100 | 100 | 100 | 1 | 1 |  | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.680 | 3.680 | 3.680 | 07/07/2025 | 100 | 100 | 100 | 1 | 1 |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.775 | 3.775 | 3.775 | 07/07/2025 | 200 | 200 | 200 | (1) | (1) |  | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.030 | 4.030 | 4.030 | 07/07/2025 | 100 | 100 | 100 | 1 | 1 |  | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.125 | 4.125 | 4.125 | 07/07/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |

---

------

<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.653 | 07/14/2025 | 07/14/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.053 | 07/14/2025 | 07/14/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.695 | 07/17/2025 | 07/17/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.095 | 07/17/2025 | 07/17/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.583 | 07/23/2025 | 07/23/2025 |  | 100 |  | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.933 | 07/23/2025 | 07/23/2025 |  | 100 |  | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.525 | 07/28/2025 | 07/28/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.875 | 07/28/2025 | 07/28/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.555 | 07/30/2025 | 07/30/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.905 | 07/30/2025 | 07/30/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
| JPM | JPM | JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.772 | 07/10/2025 | 07/10/2025 |  | 200 |  | (1) | (1) | (1) | (2) | (2) | (2) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.122 | 07/10/2025 | 07/10/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
| MYC | MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.715 | 07/02/2025 | 07/02/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.065 | 07/02/2025 | 07/02/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.725 | 07/03/2025 | 07/03/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.075 | 07/03/2025 | 07/03/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.669 | 07/07/2025 | 07/07/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.019 | 07/07/2025 | 07/07/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.664 | 07/14/2025 | 07/14/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.064 | 07/14/2025 | 07/14/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.697 | 07/16/2025 | 07/16/2025 |  | 200 |  | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.097 | 07/16/2025 | 07/16/2025 |  | 200 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (24) | (24) | (24) | $(23) | (23) | (23) |
| **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value | Market<br>Value |
| MYC | MYC | MYC | Call - OTC 1-Year Interest Rate Cap  | 0.026% | 0.026% | 0.026% | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/23/2025 | 07/23/2025 |  | 3200 | $ | (28) | (28) | (28) | $(14) | (14) | (14) |
|  |  |  | Put - OTC 1-Year Interest Rate Floor  | 0.026 | 0.026 | 0.026 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/23/2025 | 07/23/2025 |  | 3200 |  | (28) | (28) | (28) | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (56) | (56) | (56) | $(14) | (14) | (14) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(80)** | **(80)** | **(80)** | $**(37)** | **(37)** | **(37)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| MYC | MYC | South Africa Government International Bond  | South Africa Government International Bond  | South Africa Government International Bond  | 1.000% | Quarterly | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750% | 0.750% | $1000 | 1000 | $(44) | (44) | $48 | 48 | $4 | 4 | 4 | $0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| MYC | MYC | CMBX.NA.AAA.14 Index  | CMBX.NA.AAA.14 Index  | CMBX.NA.AAA.14 Index  | CMBX.NA.AAA.14 Index  | CMBX.NA.AAA.14 Index  | CMBX.NA.AAA.14 Index  | 0.500% | 0.500% | 0.500% | Monthly | 12/16/2072 | 12/16/2072 | 2100 | 2100 | (51) | (51) | 52 | $ | 1 | 1 | $ | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(95)** | **(95)** | $**100** | **100** | $**5** | **5** | **5** | $**0** |
| **(m)** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $768 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |

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<br> Schedule of Investments PIMCO ESG Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | $0 | $300 | $300 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 0 | 59747 | 0 | 59747 |
| Industrials | Industrials | 0 | 21704 | 0 | 21704 |
| Utilities | Utilities | 0 | 11138 | 0 | 11138 |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 173064 | 0 | 173064 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 41523 | 0 | 41523 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 39085 | 0 | 39085 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile Sequential | Automobile Sequential | 0 | 4791 | 0 | 4791 |
| CMBS Other | CMBS Other | 0 | 398 | 0 | 398 |
| Home Equity Other | Home Equity Other | 0 | 10207 | 0 | 10207 |
| Whole Loan Collateral | Whole Loan Collateral | 0 | 2588 | 0 | 2588 |
| Other ABS | Other ABS | 0 | 17259 | 0 | 17259 |
| Sovereign Issues | Sovereign Issues | 0 | 16083 | 0 | 16083 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Financials | Financials | 0 | 0 | 4 | 4 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | Banking & Finance | 0 | 343 | 0 | 343 |
| Industrials | Industrials | 0 | 614 | 0 | 614 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 715 | 0 | 715 |
| Total Investments | Total Investments | $0 | $399259 | $304 | $399563 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | $0 | $(16178) | $0 | $(16178) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 563 | 0 | 563 |
| Over the counter | Over the counter | 0 | 703 | 0 | 703 |
|  |  | $0 | $1266 | $0 | $1266 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (24) | (414) | 0 | (438) |
| Over the counter | Over the counter | 0 | (1666) | 0 | (1666) |
|  |  | $(24) | $(2080) | $0 | $(2104) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $(24) | $(814) | $0 | $(838) |
| Totals | Totals | $(24) | $382267 | $304 | $382547 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO Extended Duration Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 243.2% ¤** |  |  |
| **U.S. GOVERNMENT AGENCIES 17.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 2.349% due 01/25/2031 ~(a) | $2234 | $130 |
| 3.000% due 07/25/2043 | 534 | 444 |
| 5.000% due 08/25/2033 | 15 | 16 |
| 5.500% due 04/25/2033 - 08/25/2035 | 22 | 22 |
| 6.000% due 12/25/2034 | 343 | 356 |
| **Freddie Mac**  |  |  |
| 0.000% due 01/15/2041 (b)(c) | 2319 | 1851 |
| 2.862% due 07/25/2054 ~ | 1000 | 938 |
| 3.000% due 04/15/2053 | 1658 | 1352 |
| 4.000% due 09/15/2054 | 919 | 829 |
| 4.446% due 11/25/2052 ~ | 4450 | 4001 |
| 6.000% due 06/15/2035 | 553 | 579 |
| **Ginnie Mae**<br>5.500% due 10/20/2037 | 225 | 228 |
| **Ginnie Mae, TBA**  |  |  |
| 4.000% due 08/01/2055 | 11100 | 10320 |
| 4.500% due 07/01/2055 | 2100 | 2011 |
| **Resolution Funding Corp. STRIPS**<br>0.000% due 10/15/2028 (a) | 800 | 704 |
| **Tennessee Valley Authority**<br>4.625% due 09/15/2060 | 1000 | 872 |
| **U.S. Small Business Administration**<br>5.290% due 12/01/2027 | 10 | 10 |
| **Uniform Mortgage-Backed Security**<br>4.000% due 08/01/2048 | 33 | 31 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 08/01/2055 | 2100 | 1953 |
| 5.000% due 08/01/2055 | 5300 | 5191 |
| 6.000% due 08/01/2055 | 33200 | 33708 |
| 6.500% due 08/01/2055 | 1700 | 1753 |
| Total U.S. Government Agencies (Cost $68,324) |  | 67299 |
| **U.S. TREASURY OBLIGATIONS 212.5%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 2.250% due 08/15/2049 (g) | 3400 | 2134 |
| 2.250% due 02/15/2052 (g) | 5500 | 3361 |
| 2.750% due 08/15/2047 (g) | 1600 | 1141 |
| 2.750% due 11/15/2047 | 1 | 1 |
| 3.000% due 11/15/2044 (k) | 80 | 62 |
| 3.000% due 02/15/2048 (g) | 1600 | 1189 |
| 3.000% due 08/15/2048 (g) | 37300 | 27598 |
| 3.375% due 11/15/2048 (g) | 10200 | 8072 |
| 3.625% due 02/15/2053 (g) | 1200 | 980 |
| 4.000% due 11/15/2052 (g) | 1900 | 1662 |
| 4.250% due 02/15/2054 (g) | 9600 | 8760 |
| 4.250% due 08/15/2054 (g) | 31900 | 29141 |
| 4.500% due 11/15/2054 (g) | 30300 | 28884 |
| 4.625% due 02/15/2055 (g) | 59700 | 58133 |
| 4.750% due 05/15/2055 (g) | 7700 | 7658 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 01/15/2032 (g) | 6596 | 5981 |
| 0.625% due 07/15/2032 (g) | 11371 | 10611 |
| 1.125% due 01/15/2033 (g) | 9132 | 8730 |
| 1.750% due 01/15/2034 (g) | 7722 | 7658 |
| **U.S. Treasury STRIPS**  |  |  |
| 0.000% due 05/15/2034 (a) | 31800 | 21736 |
| 0.000% due 08/15/2034 (a)(g) | 76520 | 51614 |
| 0.000% due 11/15/2034 (a)(i) | 34600 | 23032 |
| 0.000% due 08/15/2035 (a)(i) | 6870 | 4400 |
| 0.000% due 05/15/2036 (a) | 52000 | 32006 |
| 0.000% due 11/15/2036 (a)(g) | 76900 | 46073 |
| 0.000% due 05/15/2037 (a) | 54350 | 31647 |
| 0.000% due 08/15/2037 (a) | 9100 | 5226 |
| 0.000% due 05/15/2041 (a) | 160 | 74 |
| 0.000% due 08/15/2041 (c) | 14800 | 6926 |
| 0.000% due 08/15/2041 (a) | 120 | 55 |
| 0.000% due 11/15/2041 (a) | 60 | 27 |
| 0.000% due 02/15/2042 (c)(i) | 9500 | 4305 |
| 0.000% due 05/15/2042 (c)(i) | 9700 | 4329 |
| 0.000% due 08/15/2042 (a)(k) | 690 | 296 |
| 0.000% due 11/15/2042 (a) | 120 | 51 |

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------

<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.000% due 05/15/2043 (c) | 16610 | 7000 |
| 0.000% due 08/15/2043 (c) | 75900 | 31551 |
| 0.000% due 02/15/2044 (c) | 51400 | 20787 |
| 0.000% due 05/15/2044 (c) | 88500 | 35300 |
| 0.000% due 08/15/2044 (c)(i) | 1500 | 590 |
| 0.000% due 11/15/2044 (c)(i) | 4800 | 1862 |
| 0.000% due 02/15/2045 (c)(i) | 5200 | 1994 |
| 0.000% due 05/15/2045 (c)(i) | 7750 | 2931 |
| 0.000% due 08/15/2046 (c)(i) | 3500 | 1240 |
| 0.000% due 05/15/2048 (c) | 77000 | 24910 |
| 0.000% due 08/15/2048 (c)(g) | 153800 | 49129 |
| 0.000% due 11/15/2048 (c)(g) | 172400 | 54341 |
| 0.000% due 02/15/2049 (c)(g) | 120600 | 37594 |
| 0.000% due 08/15/2049 (c) | 72300 | 22090 |
| 0.000% due 11/15/2049 (c)(g) | 155500 | 46926 |
| 0.000% due 08/15/2050 (c)(g) | 161100 | 47173 |
| Total U.S. Treasury Obligations (Cost $1,222,071) |  | 828971 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.4%**  |  |  |
| **1166 Avenue of the Americas Commercial Mortgage Trust** <br>5.690% due 10/13/2037 | 3000 | 2702 |
| **Bear Stearns ALT-A Trust** <br>4.905% due 09/25/2035 ~ | 95 | 55 |
| **Benchmark Mortgage Trust** <br>5.660% due 04/15/2057 | 1200 | 1252 |
| **BMO Mortgage Trust** <br>5.187% due 07/15/2058 | 800 | 817 |
| **Countrywide Home Loan Mortgage Pass-Through Trust** <br>4.860% due 09/25/2047 ~ | 70 | 63 |
| **GS Mortgage Securities Trust** <br>3.722% due 10/10/2049 ~ | 1800 | 1614 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.809% due 12/15/2031 •  | 662 | 659 |
| **JP Morgan Mortgage Trust**  |  |  |
| 5.334% due 12/25/2049 •  | 55 | 53 |
| 6.373% due 07/25/2035 ~  | 12 | 12 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 11/25/2059 ~ | 1266 | 1214 |
| **RCKT Mortgage Trust** <br>5.553% due 03/25/2055 þ | 768 | 773 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>4.754% due 10/25/2035 •  | 206 | 196 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 5.129% due 01/25/2047 •  | 61 | 58 |
| 5.899% due 10/25/2046 •  | 2 | 2 |
| Total Non-Agency Mortgage-Backed Securities (Cost $10,435) |  | 9470 |
| **ASSET-BACKED SECURITIES 5.8%**  |  |  |
| **AUTOMOBILE SEQUENTIAL 0.4%**  |  |  |
| **Avis Budget Rental Car Funding AESOP LLC** <br>6.020% due 02/20/2030 | 1400 | 1466 |
| **CMBS OTHER 0.9%**  |  |  |
| **ACREC Ltd.** <br>5.579% due 10/16/2036 •  | 681 | 680 |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | 1118 | 1120 |
| **BDS Ltd.** <br>5.779% due 12/16/2036 •  | 338 | 338 |
| **FORT CRE Issuer LLC** <br>6.152% due 02/23/2039 •  | 27 | 26 |
| **LFT CRE Ltd.** <br>5.596% due 06/15/2039 •  | 737 | 737 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 472 | 472 |
|  |  | 3373 |
| **HOME EQUITY OTHER 1.5%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.229% due 01/25/2035 •  | 3428 | 3276 |
| **CIT Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 1595 | 1612 |
| **MASTR Asset-Backed Securities Trust** <br>5.259% due 10/25/2034 •  | 1032 | 998 |
|  |  | 5886 |
| **OTHER ABS 3.0%**  |  |  |
| **37 Capital CLO Ltd.** <br>5.346% due 04/15/2035 •  | 1000 | 997 |

---

------

<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Black** **Diamond CLO DAC** <br>3.123% due 05/15/2032 •  | 1229 | 1448 |
| **College Avenue Student Loans LLC** <br>6.205% due 05/25/2055 •  | $684 | 694 |
| **Dell Equipment Finance Trust** <br>4.680% due 07/22/2027 | 1000 | 1004 |
| **ECMC Group Student Loan Trust** <br>5.170% due 02/27/2068 •  | 343 | 340 |
| **Neuberger Berman Loan Advisers CLO Ltd.** <br>5.330% due 07/17/2036 •  | 1000 | 999 |
| **OFSI BSL Ltd.** <br>5.539% due 04/20/2034 •  | 1000 | 1001 |
| **OZLM Ltd.** <br>5.469% due 10/20/2031 •  | 470 | 471 |
| **PK ALIFT Loan Funding LP** <br>5.365% due 11/15/2042 | 900 | 904 |
| **Saranac CLO Ltd.** <br>5.724% due 08/13/2031 •  | 580 | 580 |
| **SLAM Ltd.** <br>5.807% due 05/15/2050 | 500 | 510 |
| **Trysail CLO Ltd.** <br>5.511% due 10/20/2033 •  | 1000 | 1000 |
| **Venture CLO Ltd.**  |  |  |
| 5.521% due 07/20/2030 •  | 311 | 312 |
| 5.664% due 04/20/2032 •  | 1514 | 1515 |
|  |  | 11775 |
| Total Asset-Backed Securities (Cost $22,363) |  | 22500 |
| **SOVEREIGN ISSUES 5.0%**  |  |  |
| **CPPIB Capital, Inc.** <br>4.300% due 06/02/2034 | 1000 | 766 |
| **Japan Government International Bond**  |  |  |
| 2.000% due 12/20/2044  | 500000 | 3288 |
| 2.300% due 12/20/2054  | 380000 | 2372 |
| 2.400% due 03/20/2045  | 74000 | 517 |
| 2.400% due 03/20/2055  | 47000 | 300 |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (e)  | 16322 | 771 |
| 3.000% due 12/03/2026 (e)  | 2465 | 129 |
| 4.000% due 11/30/2028 (e)  | 10116 | 528 |
| **Mexico Government International Bond** <br>6.338% due 05/04/2053 | $700 | 644 |
| **Peru Government International Bond**  |  |  |
| 6.150% due 08/12/2032  | 6400 | 1869 |
| 6.950% due 08/12/2031  | 4161 | 1277 |
| **Republic of South Africa Government International Bond**  |  |  |
| 8.250% due 03/31/2032  | 7800 | 421 |
| 8.500% due 01/31/2037  | 11300 | 556 |
| 8.875% due 02/28/2035  | 112600 | 5939 |
| **United Kingdom Gilt** <br>4.375% due 07/31/2054 | 200 | 238 |
| Total Sovereign Issues (Cost $19,503) |  | 19615 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.2%**  |  |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (f) | 509313 | 509 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.307% due 07/31/2025 (c)(d)(k) | $283 | 282 |

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<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $791) |  | 791 |
| Total Investments in Securities (Cost $1,343,487) |  | 948646 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 9432 | 92 |
| Total Short-Term Instruments (Cost $92) |  | 92 |
| Total Investments in Affiliates (Cost $92) |  | 92 |
| Total Investments 243.2% (Cost $1,343,579) |  | $948738 |
| **Financial Derivative Instruments (h)(j) (0.9)**%(Cost or Premiums, net $(898)) |  | (3413) |
| Other Assets and Liabilities, net (142.3)% |  | (555187) |
| Net Assets 100.0% |  | $390138 |

---

------

<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOO | BOO | 4.390%  | 07/01/2025 | 07/02/2025 | $(59103) | (59103) | (59103) |
|  |  | 4.460  | 06/30/2025 | 07/01/2025 | (58290) | (58290) | (58298) |
|  |  | 4.510  | 06/30/2025 | 07/01/2025 | (297573) | (297573) | (297610) |
| BSN | BSN | 4.440  | 06/18/2025 | 07/17/2025 | (32655) | (32655) | (32707) |
|  |  | 4.450  | 06/09/2025 | 07/14/2025 | (17721) | (17721) | (17769) |
|  |  | 4.450  | 06/13/2025 | 07/14/2025 | (1706) | (1706) | (1710) |
| DEU | DEU | 4.440  | 06/23/2025 | 07/07/2025 | (7565) | (7565) | (7573) |
| STR | STR | 4.480  | 07/01/2025 | 07/02/2025 | (34954) | (34954) | (34954) |
|  |  | 4.490  | 06/30/2025 | 07/01/2025 | (34584) | (34584) | (34588) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  | **(544312)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Borrowing Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(2)</sup> |
| UBS | UBS | 4.450%  | 06/03/2025 | 07/15/2025 | $(56657) | (56657) | (56853) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  | **(56853)** |
| **(g)** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $58,026 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(498821) at a weighted average interest rate of 4.406%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Payable for sale-buyback transactions includes $(98) of deferred price drop. | Payable for sale-buyback transactions includes $(98) of deferred price drop. | Payable for sale-buyback transactions includes $(98) of deferred price drop. | Payable for sale-buyback transactions includes $(98) of deferred price drop. | Payable for sale-buyback transactions includes $(98) of deferred price drop. | Payable for sale-buyback transactions includes $(98) of deferred price drop. | Payable for sale-buyback transactions includes $(98) of deferred price drop. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Strike<br>Price | Expiration<br>Date | Notional Amount | Notional Amount | Premiums<br>(Received) | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 07/25/2025 | $7 | 7 | (2) | 0 |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 07/25/2025 | 7 | 7 | (3) | (5) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(5)** | $**(5)** |

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<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 67 | $ | 10272 | 4 | 4 | 4 | 4 | 4 | 4 | (1) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 41 |  | 8529 | 32 | 32 | 32 | 3 | 3 | 3 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 319 |  | 34771 | 418 | 418 | 418 | 49 | 49 | 49 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 477 |  | 53484 | 1088 | 1088 | 1088 | 154 | 154 | 154 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 296 |  | 35261 | 1370 | 1370 | 1370 | 356 | 356 | 356 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 12 |  | 1532 | 26 | 26 | 26 | 2 | 2 | 2 | (5) |
|  |  |  |  |  |  |  |  |  |  |  | 2938 | 2938 | $ | 568 | 568 | $ | (6) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 17 | $ | (16412) | (48) | (48) | (48) | 22 | 22 | 22 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 3263 |  | (372849) | (7241) | (7241) | (7241) | 0 | 0 | 0 | (1555) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 1665 |  | (192255) | (7449) | (7449) | (7449) | 0 | 0 | 0 | (1483) |
|  |  |  |  |  |  |  |  |  |  |  | (14738) | (14738) | $ | 22 | 22 | $ | (3038) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(11800)** | **(11800)** | **$** | **590** | **590** | **$** | **(3044)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 3.500% | Annual | 03/19/2030 | 03/19/2030 | GBP | 11800 | 11800 | (263) | 116 | $(147) | (147) | (147) | $0 | 0 | $(1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 08/31/2028 | 08/31/2028 | $ | $3340 | 3340 | 14 | (44) | (30) | (30) | (30) | 0 | 0 | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2029 | 06/20/2029 |  | 13400 | 13400 | 21 | (197) | (176) | (176) | (176) | 0 | 0 | (17) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2031 | 06/20/2031 |  | 10200 | 10200 | (90) | (62) | (152) | (152) | (152) | 0 | 0 | (22) |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 05/15/2032 |  | 40779 | 40779 | (41) | (582) | (623) | (623) | (623) | 0 | 0 | (106) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.890 | Annual | 03/03/2035 | 03/03/2035 |  | 850 | 850 | (3) | (11) | (14) | (14) | (14) | 0 | 0 | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.899 | Annual | 03/11/2035 | 03/11/2035 |  | 700 | 700 | (2) | (10) | (12) | (12) | (12) | 0 | 0 | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 | 03/12/2035 |  | 800 | 800 | (2) | (12) | (14) | (14) | (14) | 0 | 0 | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 12/15/2051 | 12/15/2051 |  | 9100 | 9100 | (386) | 3825 | 3439 | 3439 | 3439 | 0 | 0 | (49) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 10/23/2053 | 10/23/2053 |  | 9100 | 9100 | (155) | 3735 | 3580 | 3580 | 3580 | 0 | 0 | (51) |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month AUD-BBR-BBSW | 4.750 | Semi-Annual | 12/20/2033 | 12/20/2033 | AUD | 14000 | 14000 | (133) | 280 | 147 | 147 | 147 | 0 | 0 | (20) |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 | 09/17/2035 | EUR | 9180 | 9180 | (391) | 40 | (351) | (351) | (351) | 0 | 0 | (18) |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 | 09/17/2055 |  | 7910 | 7910 | 630 | 339 | 969 | 969 | 969 | 30 | 30 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 7.750 | Lunar | 04/01/2030 | 04/01/2030 | MXN | 8000 | 8000 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 7.775 | Lunar | 04/01/2030 | 04/01/2030 |  | 11100 | 11100 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 7.582 | Lunar | 04/02/2030 | 04/02/2030 |  | 8400 | 8400 | 0 | (2) | (2) | (2) | (2) | 2 | 2 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 7.910 | Lunar | 03/29/2032 | 03/29/2032 |  | 1100 | 1100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 8.100 | Lunar | 03/26/2035 | 03/26/2035 |  | 900 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receive | Receive | CAONREPO | 3.000 | Semi-Annual | 06/01/2034 | 06/01/2034 | CAD | 1000 | 1000 | 2 | (8) | (6) | (6) | (6) | 0 | 0 | (2) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **$** | **$** | **6611** | **6611** | **$** | **35** | **35** | **(298)** |
| **(i)** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $15,035 and cash of $4,002 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. | Unsettled variation margin asset of $9 for closed futures is outstanding at period end. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

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<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 2762 | $383 | 383 | $0 | $(3) |
|  | 07/2025  | 187 | 219 | 219 | 0 | (1) |
|  | 07/2025  | 234 | 141 | 141 | 0 | (2) |
|  | 07/2025  | $1618 | 2490 | 2490 | 21 | 0 |
|  | 08/2025  | 2490 | $1618 | 1618 | 0 | (21) |
|  | 08/2025  | 5101 | 711 | 711 | 0 | (5) |
|  | 08/2025  | $219 | 187 | 187 | 1 | 0 |
|  | 08/2025  | 141 | 234 | 234 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 2031784 | $1490 | 1490 | 0 | (12) |
|  | 07/2025  | $2832 | 2491 | 2491 | 102 | 0 |
|  | 07/2025  | 203 | 3314013 | 3314013 | 1 | 0 |
|  | 07/2025  | 71 | 91 | 91 | 1 | 0 |
|  | 08/2025  | 91 | $71 | 71 | 0 | (1) |
|  | 08/2025  | 73 | 2 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 1057 | 194 | 194 | 0 | (1) |
|  | 07/2025  | 230 | 7 | 7 | 0 | 0 |
|  | 07/2025  | 10133 | 250 | 250 | 0 | (3) |
|  | 07/2025  | 14753 | 454 | 454 | 0 | (54) |
|  | 07/2025  | $190 | 1057 | 1057 | 5 | 0 |
|  | 07/2025  | 406 | 6632067 | 6632067 | 3 | 0 |
|  | 07/2025  | 30 | 983 | 983 | 0 | 0 |
|  | 07/2025  | 101 | 2996 | 2996 | 2 | 0 |
|  | 08/2025  | 2071 | $290 | 290 | 0 | (1) |
|  | 08/2025  | 619 | 4 | 4 | 0 | 0 |
|  | 08/2025  | 15118 | 464 | 464 | 0 | (62) |
|  | 08/2025  | $269 | 23398 | 23398 | 3 | 0 |
|  | 08/2025  | 124 | 4063 | 4063 | 17 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 755 | $1027 | 1027 | 0 | (9) |
|  | 07/2025  | 1446 | 415 | 415 | 0 | (14) |
|  | 07/2025  | 29174 | 21 | 21 | 0 | 0 |
|  | 07/2025  | 129 | 13 | 13 | 0 | 0 |
|  | 07/2025  | 10203 | 253 | 253 | 0 | (2) |
|  | 07/2025  | $206 | 696 | 696 | 1 | 0 |
|  | 07/2025  | 136 | 510 | 510 | 5 | 0 |
|  | 07/2025  | 2785 | 114359 | 114359 | 31 | 0 |
|  | 07/2025  | 44113 | $2440 | 2440 | 0 | (47) |
|  | 08/2025  | $1027 | 755 | 755 | 9 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 08/2025  | 3410 | 12070 | 12070 | 0 | (5) |
|  | 09/2025  | 53 | 193 | 193 | 1 | 0 |
|  | 12/2025  | 12112 | $3410 | 3410 | 6 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 1474419 | 1075 | 1075 | 0 | (16) |
|  | 07/2025  | 12013 | 361 | 361 | 0 | (9) |
|  | 07/2025  | 23837 | 733 | 733 | 0 | (88) |
|  | 07/2025  | $185 | 3009343 | 3009343 | 1 | 0 |
|  | 07/2025  | 132 | 3901 | 3901 | 3 | 0 |
|  | 08/2025  | 879 | $122 | 122 | 0 | (1) |
|  | 08/2025  | 127 | 13 | 13 | 0 | 0 |
|  | 08/2025  | 12062 | 3232 | 3232 | 0 | (171) |
|  | 08/2025  | 33013 | 1013 | 1013 | 0 | (135) |
|  | 08/2025  | $2016 | 173735 | 173735 | 8 | (1) |
|  | 08/2025  | 81 | 291 | 291 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 2491 | $2890 | 2890 | 0 | (45) |
|  | 07/2025  | 702 | 203 | 203 | 0 | (6) |
|  | 07/2025  | 27272 | 20 | 20 | 0 | 0 |
|  | 07/2025  | 9 | 7 | 7 | 0 | 0 |
|  | 07/2025  | $22 | 362149 | 362149 | 0 | 0 |
|  | 07/2025  | 91 | 2712 | 2712 | 2 | 0 |
|  | 08/2025  | 2890 | 2486 | 2486 | 44 | 0 |
|  | 08/2025  | 934 | 80621 | 80621 | 4 | 0 |
|  | 09/2025  | 1 | 15 | 15 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 2490 | $1607 | 1607 | 0 | (32) |
|  | 07/2025  | 21523 | 3915 | 3915 | 0 | (46) |
|  | 07/2025  | 1435 | 1743 | 1743 | 0 | (66) |
|  | 07/2025  | 1405 | 195 | 195 | 0 | (1) |
|  | 07/2025  | 220116 | 1534 | 1534 | 6 | 0 |
|  | 07/2025  | 14 | 11 | 11 | 0 | 0 |
|  | 07/2025  | $3765 | 21523 | 21523 | 197 | 0 |
|  | 07/2025  | 1791 | 1433 | 1433 | 16 | 0 |
|  | 07/2025  | 864 | 125706 | 125706 | 9 | 0 |
|  | 07/2025  | 493 | 1817 | 1817 | 11 | 0 |
|  | 07/2025  | 57 | 73 | 73 | 0 | 0 |
|  | 08/2025  | 1428 | $1791 | 1791 | 0 | (16) |
|  | 08/2025  | 2186 | 305 | 305 | 0 | (1) |
|  | 08/2025  | 125244 | 864 | 864 | 0 | (9) |
|  | 08/2025  | 73 | 57 | 57 | 0 | 0 |
|  | 08/2025  | $446 | 38613 | 38613 | 3 | 0 |
|  | 09/2025  | 12994 | $667 | 667 | 0 | (20) |
|  | 09/2025  | $2371 | 13299 | 13299 | 39 | 0 |
|  | 09/2025  | 0 | 1 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 3533 | $109 | 109 | 0 | (13) |

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<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 07/2025  | 07/2025  | $44 | 44 | IDR | 712450 | 712450 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 22 | 22 | SGD | 28 | 28 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 184 | 184 | $ | 10 | 10 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 28 | 28 |  | 22 | 22 |  | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 07/2025  | 9516 | 9516 |  | 1669 | 1669 |  | 0 | 0 |  | (83) |
|  |  | 07/2025  | 07/2025  | 2662 | 2662 |  | 369 | 369 |  | 0 | 0 |  | (4) |
|  |  | 07/2025  | 07/2025  | 113574 | 113574 |  | 83 | 83 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 632 | 632 |  | 492 | 492 |  | 0 | 0 |  | (5) |
|  |  | 07/2025  | 07/2025  | 14917 | 14917 |  | 459 | 459 |  | 0 | 0 |  | (55) |
|  |  | 07/2025  | 07/2025  | $1744 | 1744 | BRL | 9516 | 9516 |  | 8 | 8 |  | 0 |
|  |  | 07/2025  | 07/2025  | 140 | 140 | NZD | 234 | 234 |  | 3 | 3 |  | 0 |
|  |  | 07/2025  | 07/2025  | 2345 | 2345 | PLN | 8755 | 8755 |  | 83 | 83 |  | 0 |
|  |  | 07/2025  | 07/2025  | 47 | 47 | SGD | 60 | 60 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 12508 | 12508 | $ | 700 | 700 |  | 0 | 0 |  | (6) |
|  |  | 08/2025  | 08/2025  | 4736 | 4736 |  | 659 | 659 |  | 0 | 0 |  | (5) |
|  |  | 08/2025  | 08/2025  | 60 | 60 |  | 47 | 47 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 17544 | 17544 |  | 538 | 538 |  | 0 | 0 |  | (72) |
|  |  | 08/2025  | 08/2025  | $301 | 301 | INR | 26096 | 26096 |  | 3 | 3 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 07/2025  | 5285 | 5285 | $ | 3848 | 3848 |  | 0 | 0 |  | (33) |
|  |  | 07/2025  | 07/2025  | 1276 | 1276 |  | 177 | 177 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 10054 | 10054 |  | 70 | 70 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1517 | 1517 |  | 1183 | 1183 |  | 0 | 0 |  | (11) |
|  |  | 07/2025  | 07/2025  | 6030 | 6030 |  | 182 | 182 |  | 0 | 0 |  | (4) |
|  |  | 07/2025  | 07/2025  | 8863 | 8863 |  | 272 | 272 |  | 0 | 0 |  | (33) |
|  |  | 07/2025  | 07/2025  | $3846 | 3846 | CAD | 5287 | 5287 |  | 36 | 36 |  | 0 |
|  |  | 07/2025  | 07/2025  | 219 | 219 | EUR | 187 | 187 |  | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  | 49 | 49 | IDR | 802433 | 802433 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1046 | 1046 | PLN | 3916 | 3916 |  | 41 | 41 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1231 | 1231 | SGD | 1592 | 1592 |  | 21 | 21 |  | 0 |
|  |  | 07/2025  | 07/2025  | 7 | 7 | TWD | 218 | 218 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 5278 | 5278 | $ | 3846 | 3846 |  | 0 | 0 |  | (36) |
|  |  | 08/2025  | 08/2025  | 4180 | 4180 |  | 582 | 582 |  | 0 | 0 |  | (4) |
|  |  | 08/2025  | 08/2025  | 3294 | 3294 |  | 23 | 23 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 1588 | 1588 |  | 1231 | 1231 |  | 0 | 0 |  | (21) |
|  |  | 08/2025  | 08/2025  | 14747 | 14747 |  | 456 | 456 |  | 0 | 0 |  | (57) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | 4972 | 4972 |  | 34 | 34 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | $674 | 674 | JPY | 97771 | 97771 |  | 5 | 5 |  | 0 |
|  |  | 07/2025  | 07/2025  | 121 | 121 | NOK | 1218 | 1218 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 3 | 3 | PLN | 9 | 9 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 2228 | 2228 | $ | 311 | 311 |  | 0 | 0 |  | (1) |
|  |  | 08/2025  | 08/2025  | 97411 | 97411 |  | 674 | 674 |  | 0 | 0 |  | (4) |
|  |  | 08/2025  | 08/2025  | 1218 | 1218 |  | 121 | 121 |  | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $523 | 523 | IDR | 8527247 | 8527247 |  | 3 | 3 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 11 | 11 | $ | 3 | 3 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 888 | 888 |  | 30 | 30 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | $203 | 203 | IDR | 3313421 | 3313421 |  | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  | 76 | 76 | JPY | 10984 | 10984 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 246 | 246 | SGD | 317 | 317 |  | 4 | 4 |  | 0 |
|  |  | 07/2025  | 07/2025  | 272 | 272 | TWD | 8084 | 8084 |  | 6 | 6 |  | 0 |
|  |  | 08/2025  | 08/2025  | 3838 | 3838 | $ | 537 | 537 |  | 0 | 0 |  | (1) |
|  |  | 08/2025  | 08/2025  | 10944 | 10944 |  | 76 | 76 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 316 | 316 |  | 246 | 246 |  | 0 | 0 |  | (4) |
|  |  | 08/2025  | 08/2025  | 4950 | 4950 |  | 152 | 152 |  | 0 | 0 |  | (20) |
|  |  | 08/2025  | 08/2025  | $315 | 315 | INR | 27051 | 27051 |  | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 1022 | 1022 | GBP | 755 | 755 |  | 14 | 14 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 106 | 106 | $ | 30 | 30 |  | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | 3244 | 3244 |  | 22 | 22 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 29114 | 29114 |  | 21 | 21 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1216 | 1216 |  | 120 | 120 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 958 | 958 |  | 29 | 29 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | $21 | 21 | KRW | 29128 | 29128 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 757 | 757 | CNH | 5430 | 5430 |  | 5 | 5 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**789** | **789** | **$** | $**(1384)** | **(1384)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.770% | 3.770% | 3.770% | 1800 | 1800 | 1800 | (6) | $ | $(16) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 4.120 | 4.120 | 4.120 | 1800 | 1800 | 1800 | (6) |  | 0 |
| FAR | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.790 | 3.790 | 3.790 | 3000 | 3000 | 3000 | (10) |  | (31) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 4.140 | 4.140 | 4.140 | 3000 | 3000 | 3000 | (10) |  | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.695 | 3.695 | 3.695 | 3400 | 3400 | 3400 | (10) |  | (24) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 4.095 | 4.095 | 4.095 | 3400 | 3400 | 3400 | (10) |  | (1) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.772 | 3.772 | 3.772 | 500 | 500 | 500 | (1) |  | (5) |

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<br> Schedule of Investments PIMCO Extended Duration Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.122 | 07/10/2025 | 07/10/2025 | 500 | 500 | (1) | (1) | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.715 | 07/02/2025 | 07/02/2025 | 1600 | 1600 | (6) | (6) | (7) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.065 | 07/02/2025 | 07/02/2025 | 1600 | 1600 | (6) | (6) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.725 | 07/03/2025 | 07/03/2025 | 1900 | 1900 | (7) | (7) | (10) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.075 | 07/03/2025 | 07/03/2025 | 1900 | 1900 | (7) | (7) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.669 | 07/07/2025 | 07/07/2025 | 1100 | 1100 | (4) | (4) | (4) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.019 | 07/07/2025 | 07/07/2025 | 1100 | 1100 | (4) | (4) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.697 | 07/16/2025 | 07/16/2025 | 1100 | 1100 | (3) | (3) | (7) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.097 | 07/16/2025 | 07/16/2025 | 1100 | 1100 | (3) | (3) | 0 |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(94)** | **(94)** | $**(105)** |
| **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $635 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $67299 | 67299 | $0 | 0 | $67299 | 67299 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 828971 | 828971 | 0 | 0 | 828971 | 828971 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 9470 | 9470 | 0 | 0 | 9470 | 9470 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 0 | 1466 | 1466 | 0 | 0 | 1466 | 1466 |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 0 | 3373 | 3373 | 0 | 0 | 3373 | 3373 |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 0 | 5886 | 5886 | 0 | 0 | 5886 | 5886 |
| Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 11775 | 11775 | 0 | 0 | 11775 | 11775 |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 19615 | 19615 | 0 | 0 | 19615 | 19615 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 509 | 509 | 0 | 0 | 509 | 509 |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 282 | 282 | 0 | 0 | 282 | 282 |
|  |  |  |  | $0 | 0 | 0 | $948646 | 948646 | $0 | 0 | $948646 | 948646 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $92 | 92 | 92 | $0 | 0 | $0 | 0 | $92 | 92 |
| Total Investments | Total Investments | Total Investments | Total Investments | $92 | 92 | 92 | $948646 | 948646 | $0 | 0 | $948738 | 948738 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 28 | 28 | 28 | 597 | 597 | 0 | 0 | 625 | 625 |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 789 | 789 | 0 | 0 | 789 | 789 |
|  |  |  |  | $28 | 28 | 28 | $1386 | 1386 | $0 | 0 | $1414 | 1414 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (6) | (6) | (6) | (3341) | (3341) | 0 | 0 | (3347) | (3347) |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (1489) | (1489) | 0 | 0 | (1489) | (1489) |
|  |  |  |  | $(6) | (6) | (6) | $(4830) | (4830) | $0 | 0 | $(4836) | (4836) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $22 | 22 | 22 | $(3444) | (3444) | $0 | 0 | $(3422) | (3422) |
| Totals | Totals | Totals | Totals | $114 | 114 | 114 | $945202 | 945202 | $0 | 0 | $945316 | 945316 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 134.7% ¤** |  |  |
| **ARGENTINA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030 þ  | $38 | $25 |
| 4.125% due 07/09/2035 þ  | 29 | 19 |
| Total Argentina (Cost $38) |  | 44 |
| **AUSTRALIA 2.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **Commonwealth Bank of Australia** <br>4.971% due 01/22/2030 | $1200 | 1245 |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **New South Wales Treasury Corp.**  |  |  |
| 1.750% due 03/20/2034  | 900 | 468 |
| 2.000% due 03/08/2033  | 400 | 221 |
| 4.750% due 09/20/2035  | 500 | 327 |
| **Queensland Treasury Corp.**  |  |  |
| 1.500% due 08/20/2032  | 500 | 271 |
| 1.750% due 07/20/2034  | 300 | 153 |
| 2.000% due 08/22/2033  | 800 | 434 |
| **Treasury Corp. of Victoria** <br>2.000% due 09/17/2035 | 600 | 302 |
|  |  | 2176 |
| Total Australia (Cost $3,233) |  | 3421 |
| **CANADA 3.6%**  |  |  |
| **CORPORATE BONDS & NOTES 1.7%**  |  |  |
| **Air Canada Pass-Through Trust** <br>3.300% due 07/15/2031 | $133 | 125 |
| **Bank of Nova Scotia** <br>0.010% due 09/14/2029 | 300 | 318 |
| **Canadian Imperial Bank of Commerce** <br>4.876% due 01/14/2030 | $900 | 930 |
| **Fairfax Financial Holdings Ltd.** <br>2.750% due 03/29/2028 | 300 | 352 |
| **Royal Bank of Canada** <br>4.851% due 12/14/2026 | $800 | 809 |
|  |  | 2534 |
| **SOVEREIGN ISSUES 1.9%**  |  |  |
| **Canada Government Bond** <br>3.000% due 12/01/2036 (e) | 635 | 544 |
| **Export Development Canada** <br>7.130% due 03/11/2029 | 22900 | 272 |
| **Province of British Columbia** <br>4.150% due 06/18/2034 | 250 | 190 |
| **Province of Ontario** <br>3.650% due 06/02/2033 | 500 | 369 |
| **Province of Quebec**  |  |  |
| 3.600% due 09/01/2033  | 1300 | 954 |
| 4.450% due 09/01/2034  | 700 | 541 |
|  |  | 2870 |
| Total Canada (Cost $5,327) |  | 5404 |
| **CAYMAN ISLANDS 4.1%**  |  |  |
| **ASSET-BACKED SECURITIES 3.7%**  |  |  |
| **37 Capital CLO Ltd.** <br>5.346% due 04/15/2035 •  | $600 | 598 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.379% due 01/18/2035 •  | 500 | 500 |
| 5.608% due 01/15/2031 •  | 64 | 64 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **BDS** **Ltd.** <br>5.779% due 12/16/2036 •  | 434 | 435 |
| **BlueMountain CLO Ltd.** <br>5.472% due 10/25/2030 •  | 453 | 453 |
| **CIFC Funding Ltd.** <br>5.487% due 10/24/2030 •  | 246 | 246 |
| **GPMT Ltd.** <br>5.784% due 12/15/2036 •  | 531 | 519 |
| **LCM Ltd.** <br>5.611% due 04/20/2031 •  | 430 | 431 |
| **Madison Park Funding Ltd.** <br>5.522% due 10/22/2034 •  | 700 | 701 |
| **Starwood Commercial Mortgage Trust** <br>5.629% due 04/18/2038 •  | 368 | 367 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.964% due 02/15/2039 •  | 707 | 708 |
| **Wellfleet CLO Ltd.** <br>0.000% due 04/20/2034 •(b) | 500 | 500 |
| **Wind River CLO Ltd.** <br>5.581% due 07/18/2031 •  | 29 | 29 |
|  |  | 5551 |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 221 | 210 |
| **Sands China Ltd.** <br>5.400% due 08/08/2028 | 300 | 303 |
|  |  | 513 |
| Total Cayman Islands (Cost $6,082) |  | 6064 |
| **CHILE 0.7%**  |  |  |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Bonos de la Tesoreria de la Republica en pesos** <br>4.700% due 09/01/2030 | 645000 | 670 |
| **Chile Government International Bond** <br>4.850% due 01/22/2029 | $300 | 305 |
| Total Chile (Cost $1,263) |  | 975 |
| **CHINA 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **China Government International Bond** <br>1.920% due 01/15/2055 | 2800 | 391 |
| Total China (Cost $389) |  | 391 |
| **COLOMBIA 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Ecopetrol SA** <br>8.375% due 01/19/2036 | $250 | 241 |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Colombia Government International Bond** <br>7.500% due 02/02/2034 | 350 | 349 |
| Total Colombia (Cost $597) |  | 590 |
| **CZECH REPUBLIC 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Czech Republic Government International Bond**  |  |  |
| 0.950% due 05/15/2030  | 5600 | 234 |
| 2.500% due 08/25/2028  | 900 | 41 |
| Total Czech Republic (Cost $259) |  | 275 |
| **DENMARK 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Jyske Realkredit AS**  |  |  |
| 1.000% due 10/01/2050  | 47 | 6 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 1.500% due 10/01/2053  | 2173 | 279 |
| **Nykredit Realkredit AS**  |  |  |
| 1.500% due 10/01/2052  | 632 | 81 |
| **Realkredit Danmark AS**  |  |  |
| 1.500% due 10/01/2053  | 4523 | 581 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Denmark (Cost $1,122) |  | 947 |
| **DOMINICAN REPUBLIC 0.3%**  |  |  |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Dominican Republic International Bond** <br>6.600% due 06/01/2036 | $500 | 504 |
| Total Dominican Republic (Cost $496) |  | 504 |
| **ECUADOR 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Ecuador Government International Bond** <br>6.900% due 07/31/2030 | $395 | 344 |
| Total Ecuador (Cost $272) |  | 344 |
| **FRANCE 6.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **BPCE SA** <br>5.716% due 01/18/2030 •  | $375 | 386 |
| **Credit Agricole SA** <br>5.862% due 01/09/2036 •  | 700 | 726 |
|  |  | 1112 |
| **SOVEREIGN ISSUES 5.6%**  |  |  |
| **France Government International Bond**  |  |  |
| 0.100% due 07/25/2031 (e)  | 610 | 686 |
| 0.500% due 05/25/2072  | 100 | 32 |
| 0.750% due 02/25/2028  | 1800 | 2046 |
| 2.750% due 10/25/2027  | 700 | 837 |
| 2.750% due 02/25/2030  | 3810 | 4535 |
| 3.000% due 06/25/2049  | 200 | 204 |
|  |  | 8340 |
| Total France (Cost $8,613) |  | 9452 |
| **HUNGARY 1.7%**  |  |  |
| **SOVEREIGN ISSUES 1.7%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 5.375% due 09/12/2033  | 900 | 1143 |
| 5.500% due 03/26/2036  | $200 | 193 |
| 6.000% due 09/26/2035  | 400 | 403 |
| **Magyar Export-Import Bank Zrt** <br>6.125% due 12/04/2027 | 700 | 717 |
| Total Hungary (Cost $2,210) |  | 2456 |
| **INDIA 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **IRB Infrastructure Developers Ltd.** <br>7.110% due 03/11/2032 | $300 | 301 |
| Total India (Cost $300) |  | 301 |
| **INDONESIA 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Indonesia Government International Bond** <br>8.375% due 03/15/2034 | 9105000 | 625 |
| Total Indonesia (Cost $634) |  | 625 |
| **IRELAND 3.4%**  |  |  |
| **ASSET-BACKED SECURITIES 2.6%**  |  |  |
| **Accunia European CLO DAC** <br>3.229% due 07/15/2030 •  | 73 | 87 |
| **Arcano Euro CLO DAC** <br>0.000% due 07/25/2039 •(b) | 500 | 589 |
| **Blackrock European CLO DAC** <br>3.116% due 07/19/2035 •  | 500 | 586 |
| **Cairn CLO DAC** <br>3.059% due 10/15/2031 •  | 291 | 343 |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CVC** **Cordatus Loan Fund DAC** <br>2.929% due 10/15/2031 •  | 255 | 301 |
| **Dryden Euro CLO DAC** <br>2.939% due 04/15/2033 •  | 189 | 222 |
| **Hayfin Emerald CLO DAC** <br>3.898% due 01/25/2037 •  | 500 | 590 |
| **Jubilee CLO DAC** <br>2.929% due 04/15/2031 •  | 292 | 342 |
| **Man GLG Euro CLO DAC** <br>2.665% due 12/15/2031 •  | 174 | 204 |
| **Palmer Square European Loan Funding DAC** <br>3.113% due 05/15/2033 •  | 545 | 643 |
|  |  | 3907 |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **AerCap Ireland Capital DAC**  |  |  |
| 2.450% due 10/29/2026  | $300 | 292 |
| 3.000% due 10/29/2028  | 300 | 286 |
|  |  | 578 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.4%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 500 | 593 |
| Total Ireland (Cost $4,924) |  | 5078 |
| **ISRAEL 0.6%**  |  |  |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 5.500% due 03/12/2034  | $200 | 203 |
| 5.625% due 02/19/2035  | 700 | 713 |
| Total Israel (Cost $885) |  | 916 |
| **ITALY 1.3%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **Banca Monte dei Paschi di Siena SpA** <br>0.875% due 10/08/2027 | 600 | 696 |
| **Intesa Sanpaolo SpA** <br>7.200% due 11/28/2033 | $200 | 225 |
| **UniCredit SpA** <br>2.569% due 09/22/2026 •  | 500 | 497 |
|  |  | 1418 |
| **SOVEREIGN ISSUES 0.3%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.750% due 05/05/2026 | 400 | 404 |
| Total Italy (Cost $1,812) |  | 1822 |
| **IVORY COAST 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Ivory Coast Government International Bond** <br>5.875% due 10/17/2031 | 300 | 335 |
| Total Ivory Coast (Cost $290) |  | 335 |
| **JAPAN 7.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Mitsubishi UFJ Financial Group, Inc.** <br>5.159% due 04/24/2031 •  | $800 | 819 |
| **Olympus Corp.** <br>2.143% due 12/08/2026 | 200 | 194 |
|  |  | 1013 |
| **SOVEREIGN ISSUES 6.9%**  |  |  |
| **Japan Government International Bond**  |  |  |
| 0.100% due 03/10/2028 (e)  | 257231 | 1850 |
| 0.100% due 03/10/2029 (e)  | 401587 | 2900 |
| 0.400% due 06/20/2029  | 60000 | 408 |
| 0.400% due 06/20/2040  | 182900 | 1006 |
| 0.700% due 12/20/2048  | 5000 | 24 |
| 0.700% due 06/20/2051  | 168000 | 734 |
| 1.500% due 09/20/2043  | 53500 | 329 |
| 2.200% due 06/20/2054  | 6000 | 37 |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.200% due 03/20/2064  | 120000 | 670 |
| 2.300% due 12/20/2054  | 79000 | 493 |
| 2.400% due 03/20/2045  | 112000 | 783 |
| 2.400% due 03/20/2055  | 158000 | 1008 |
|  |  | 10242 |
| Total Japan (Cost $12,333) |  | 11255 |
| **KAZAKHSTAN 0.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **KazMunayGas National Co. JSC**  |  |  |
| 3.500% due 04/14/2033  | $350 | 304 |
| 5.750% due 04/19/2047  | 200 | 175 |
| 6.375% due 10/24/2048  | 200 | 185 |
| Total Kazakhstan (Cost $609) |  | 664 |
| **LUXEMBOURG 1.3%**  |  |  |
|  | SHARES |  |
| **COMMON STOCKS 0.7%**  |  |  |
| **Drillco Holding Lux SA «(g)** | 35766 | 733 |
| **Foresea Holdings SA «** | 14931 | 306 |
|  |  | 1039 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Chile Electricity Lux MPC SARL** <br>6.010% due 01/20/2033 | $326 | 338 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 632 | 601 |
|  |  | 939 |
| Total Luxembourg (Cost $1,469) |  | 1978 |
| **MALAYSIA 1.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Petronas Capital Ltd.**  |  |  |
| 2.480% due 01/28/2032  | $200 | 174 |
| 4.550% due 04/21/2050  | 200 | 170 |
|  |  | 344 |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Malaysia Government International Bond**  |  |  |
| 2.632% due 04/15/2031  | 1400 | 321 |
| 3.519% due 04/20/2028  | 3431 | 823 |
|  |  | 1144 |
| Total Malaysia (Cost $1,433) |  | 1488 |
| **MEXICO 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Mexico Government International Bond**  |  |  |
| 5.750% due 10/12/2110  | $200 | 158 |
| 5.850% due 07/02/2032 (b)  | 300 | 304 |
| 6.625% due 01/29/2038 (b)  | 300 | 305 |
| Total Mexico (Cost $809) |  | 767 |
| **MULTINATIONAL 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Delta Air Lines, Inc.** <br>4.750% due 10/20/2028 | $300 | 301 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Multinational (Cost $310) |  | 301 |
| **NETHERLANDS 1.2%**  |  |  |
| **CORPORATE BONDS & NOTES 1.2%**  |  |  |
| **ABN AMRO Bank NV** <br>5.515% due 12/03/2035 •  | $400 | 408 |
| **Cooperatieve Rabobank UA**  |  |  |
| 5.447% due 03/05/2030 •  | 450 | 464 |
| 5.710% due 01/21/2033 •  | 400 | 417 |
| **ING Groep NV** <br>5.525% due 03/25/2036 •  | 200 | 204 |
| **Prosus NV** <br>1.207% due 01/19/2026 | 200 | 234 |
|  |  | 1727 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.0%**  |  |  |
| **EMF-NL Prime BV** <br>3.063% due 04/17/2041 •  | 35 | 41 |
| Total Netherlands (Cost $1,721) |  | 1768 |
| **NEW ZEALAND 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **New Zealand Government International Bond** <br>1.500% due 05/15/2031 | 400 | 212 |
| Total New Zealand (Cost $275) |  | 212 |
| **NORWAY 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Kommunalbanken AS** <br>1.900% due 01/19/2027 | 400 | 257 |
| Total Norway (Cost $291) |  | 257 |
| **PERU 2.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Credicorp Capital Sociedad Titulizadora SA** <br>10.100% due 12/15/2043 | 2900 | 870 |
| **SOVEREIGN ISSUES 1.8%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 5.375% due 02/08/2035  | $400 | 400 |
| 5.875% due 08/08/2054  | 350 | 339 |
| 6.900% due 08/12/2037  | 2600 | 748 |
| 7.300% due 08/12/2033  | 4000 | 1232 |
|  |  | 2719 |
| Total Peru (Cost $3,367) |  | 3589 |
| **PHILIPPINES 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Philippines Government International Bond** <br>6.250% due 01/14/2036 | 20000 | 347 |
| Total Philippines (Cost $484) |  | 347 |
| **POLAND 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Republic of Poland Government International Bond**  |  |  |
| 3.875% due 02/14/2033  | 200 | 247 |
| 4.250% due 02/14/2043  | 400 | 473 |
| 4.875% due 02/12/2030  | $200 | 204 |
| 4.875% due 10/04/2033  | 300 | 299 |
| 5.375% due 02/12/2035  | 200 | 204 |
| 5.500% due 04/04/2053  | 100 | 93 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Poland (Cost $1,435) |  | 1520 |
| **QATAR 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **QatarEnergy** <br>2.250% due 07/12/2031 | $200 | 175 |
| Total Qatar (Cost $199) |  | 175 |
| **ROMANIA 1.6%**  |  |  |
| **SOVEREIGN ISSUES 1.6%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 200 | 203 |
| 2.000% due 04/14/2033  | 450 | 407 |
| 2.625% due 12/02/2040  | 100 | 73 |
| 2.750% due 04/14/2041  | 100 | 74 |
| 5.125% due 09/24/2031  | 500 | 582 |
| 5.250% due 03/10/2030  | 600 | 723 |
| 5.625% due 02/22/2036  | 100 | 112 |
| 6.250% due 09/10/2034  | 100 | 119 |
| 6.375% due 09/18/2033  | 100 | 121 |
| Total Romania (Cost $2,401) |  | 2414 |
| **SAUDI ARABIA 2.9%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Saudi Arabian Oil Co.**  |  |  |
| 3.500% due 04/16/2029  | $450 | 435 |
| 6.375% due 06/02/2055  | 200 | 200 |
|  |  | 635 |
| **SOVEREIGN ISSUES 2.5%**  |  |  |
| **Saudi Government International Bond**  |  |  |
| 3.250% due 10/22/2030  | 200 | 188 |
| 3.375% due 03/05/2032  | 300 | 352 |
| 3.750% due 03/05/2037 (h)  | 300 | 344 |
| 5.000% due 01/16/2034  | $2400 | 2407 |
| 5.375% due 01/13/2031  | 400 | 415 |
|  |  | 3706 |
| Total Saudi Arabia (Cost $4,249) |  | 4341 |
| **SERBIA 1.4%**  |  |  |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Serbia Government International Bond**  |  |  |
| 1.650% due 03/03/2033  | 500 | 484 |
| 3.125% due 05/15/2027  | 1400 | 1643 |
| Total Serbia (Cost $1,955) |  | 2127 |
| **SINGAPORE 1.2%**  |  |  |
| **SOVEREIGN ISSUES 1.2%**  |  |  |
| **Singapore Government International Bond**  |  |  |
| 2.375% due 07/01/2039  | 173 | 137 |
| 2.750% due 03/01/2035  | 800 | 658 |
| 3.250% due 06/01/2054  | 995 | 932 |
| Total Singapore (Cost $1,460) |  | 1727 |
| **SOUTH AFRICA 2.2%**  |  |  |
| **SOVEREIGN ISSUES 2.2%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 5.375% due 07/24/2044  | $200 | 153 |
| 8.000% due 01/31/2030  | 33400 | 1855 |
| 8.875% due 02/28/2035  | 24100 | 1271 |
| Total South Africa (Cost $3,286) |  | 3279 |
| **SOUTH KOREA 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Korea Government International Bond**  |  |  |
| 1.375% due 06/10/2030  | 355110 | 248 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.625% due 06/10/2028  | 1708930 | 1271 |
| Total South Korea (Cost $1,467) |  | 1519 |
| **SPAIN 3.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **CaixaBank SA** <br>6.684% due 09/13/2027 •  | $200 | 205 |
| **SOVEREIGN ISSUES 3.2%**  |  |  |
| **Autonomous Community of Catalonia** <br>4.220% due 04/26/2035 | 200 | 242 |
| **Spain Government International Bond**  |  |  |
| 0.000% due 01/31/2028 (d)  | 950 | 1061 |
| 3.200% due 10/31/2035  | 100 | 118 |
| 3.550% due 10/31/2033  | 2700 | 3311 |
|  |  | 4732 |
| Total Spain (Cost $4,451) |  | 4937 |
| **SUPRANATIONAL 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Asian Development Bank** <br>6.150% due 02/25/2030 | 86850 | 1000 |
| Total Supranational (Cost $1,158) |  | 1000 |
| **SWITZERLAND 0.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **UBS Group AG**  |  |  |
| 3.869% due 01/12/2029 •  | $500 | 492 |
| 6.537% due 08/12/2033 •  | 250 | 272 |
| Total Switzerland (Cost $773) |  | 764 |
| **THAILAND 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Thailand Government International Bond**  |  |  |
| 2.410% due 03/17/2035  | 6300 | 208 |
| 2.500% due 11/17/2029  | 13900 | 447 |
| Total Thailand (Cost $601) |  | 655 |
| **UNITED ARAB EMIRATES 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC** <br>4.500% due 05/06/2030 | $300 | 300 |
| Total United Arab Emirates (Cost $298) |  | 300 |
| **UNITED KINGDOM 3.9%**  |  |  |
| **CORPORATE BONDS & NOTES 2.2%**  |  |  |
| **Antofagasta PLC** <br>2.375% due 10/14/2030 | $400 | 354 |
| **HSBC Holdings PLC** <br>5.887% due 08/14/2027 •  | 300 | 304 |
| **NatWest Group PLC** <br>5.778% due 03/01/2035 •  | 550 | 571 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (d) | 400 | 285 |
| **Santander U.K. Group Holdings PLC** <br>6.534% due 01/10/2029 •  | 700 | 731 |
| **Standard Chartered PLC**  |  |  |
| 6.187% due 07/06/2027 •  | 700 | 711 |
| 6.296% due 07/06/2034 •  | 300 | 320 |
|  |  | 3276 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.7%**  |  |  |
| **Alba PLC** <br>4.547% due 11/25/2042 •  | 138 | 189 |
| **Braccan Mortgage Funding PLC** <br>0.000% due 05/17/2067 •  | 500 | 689 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Newgate** **Funding PLC** <br>2.575% due 12/15/2050 •  | 157 | 182 |
|  |  | 1060 |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **United Kingdom Gilt**  |  |  |
| 4.375% due 07/31/2054  | 800 | 952 |
| 5.375% due 01/31/2056  | 200 | 279 |
| **United Kingdom Inflation-Linked Gilt** <br>0.625% due 11/22/2042 (e) | 265 | 291 |
|  |  | 1522 |
| Total United Kingdom (Cost $5,834) |  | 5858 |
| **UNITED STATES 69.5%**  |  |  |
| **ASSET-BACKED SECURITIES 2.6%**  |  |  |
| **ABFC Trust** <br>4.754% due 01/25/2037 •  | $367 | 202 |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.334% due 12/25/2034 •  | 90 | 81 |
| **Argent Securities Trust**  |  |  |
| 4.734% due 07/25/2036 •  | 619 | 167 |
| 4.914% due 07/25/2036 •  | 774 | 208 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.234% due 09/25/2046 •  | 52 | 50 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.419% due 07/25/2036 ~  | 8 | 8 |
| 4.874% due 09/25/2037 •  | 38 | 40 |
| 5.154% due 07/25/2034 •  | 19 | 20 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.562% due 01/25/2032 •  | 6 | 6 |
| **Credit-Based Asset Servicing & Securitization LLC** <br>4.654% due 07/25/2037 •  | 155 | 102 |
| **First Franklin Mortgage Loan Trust** <br>5.709% due 07/25/2034 •  | 33 | 32 |
| **FORT CRE Issuer LLC** <br>6.152% due 02/23/2039 •  | 9 | 9 |
| **GSAA Home Equity Trust** <br>5.334% due 08/25/2037 •  | 11 | 11 |
| **GSAMP Trust**  |  |  |
| 4.524% due 01/25/2037 •  | 126 | 76 |
| 4.974% due 04/25/2036 •  | 539 | 365 |
| **HSI Asset Securitization Corp. Trust** <br>4.874% due 12/25/2036 •  | 478 | 114 |
| **JP Morgan Mortgage Acquisition Trust** <br>4.594% due 08/25/2036 •  | 3 | 1 |
| **Massachusetts Educational Financing Authority** <br>5.575% due 04/25/2038 •  | 10 | 10 |
| **MASTR Asset-Backed Securities Trust** <br>4.914% due 03/25/2036 •  | 445 | 265 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.654% due 08/25/2037 •  | 421 | 206 |
| 4.954% due 04/25/2037 •  | 540 | 256 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.524% due 01/25/2037 •  | 444 | 205 |
| 4.574% due 10/25/2036 •  | 499 | 218 |
| 4.574% due 11/25/2036 •  | 173 | 82 |
| 4.654% due 11/25/2036 •  | 173 | 82 |
| 4.664% due 10/25/2036 •  | 653 | 338 |
| **Renaissance Home Equity Loan Trust** <br>5.797% due 08/25/2036 | 478 | 170 |
| **SMB Private Education Loan Trust** <br>5.754% due 02/16/2055 •  | 373 | 376 |
| **Specialty Underwriting & Residential Finance Trust** <br>3.943% due 02/25/2037 | 452 | 147 |
|  |  | 3847 |
| **CORPORATE BONDS & NOTES 7.1%**  |  |  |
| **Bank of America Corp.** <br>5.511% due 01/24/2036 •  | 500 | 514 |
| **Boeing Co.** <br>6.388% due 05/01/2031 | 300 | 323 |
| **Bristol-Myers Squibb Co.** <br>5.100% due 02/22/2031 | 300 | 311 |
| **Citibank NA** <br>4.838% due 08/06/2029 | 100 | 102 |
| **Citigroup, Inc.**  |  |  |
| 4.412% due 03/31/2031 •  | 1400 | 1386 |
| 5.449% due 06/11/2035 •  | 550 | 562 |
| **Credit Suisse AG AT1 Claim**  | 400 | 48 |
| **CVS Pass-Through Trust** <br>7.507% due 01/10/2032 | 836 | 876 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Doctors** **Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 100 | 89 |
| **Ford Motor Credit Co. LLC** <br>3.375% due 11/13/2025 | 400 | 397 |
| **GA Global Funding Trust** <br>2.250% due 01/06/2027 | 200 | 193 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 5.016% due 10/23/2035 •  | 200 | 198 |
| 5.218% due 04/23/2031 •  | 400 | 410 |
| 5.536% due 01/28/2036 •  | 800 | 821 |
| 6.484% due 10/24/2029 •  | 100 | 106 |
| **JPMorgan Chase & Co.**  |  |  |
| 5.336% due 01/23/2035 •  | 800 | 819 |
| 6.087% due 10/23/2029 •  | 100 | 105 |
| **Morgan Stanley** <br>3.955% due 03/21/2035 •  | 900 | 1085 |
| **Organon & Co.** <br>2.875% due 04/30/2028 | 300 | 345 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | $100 | 95 |
| 4.550% due 07/01/2030  | 100 | 98 |
| **PacifiCorp** <br>5.450% due 02/15/2034 | 300 | 304 |
| **Philip Morris International, Inc.**  |  |  |
| 3.750% due 01/15/2031  | 300 | 365 |
| 5.125% due 02/13/2031  | $300 | 309 |
| **Wells Fargo & Co.**  |  |  |
| 5.211% due 12/03/2035 •  | 300 | 301 |
| 5.389% due 04/24/2034 •  | 450 | 461 |
|  |  | 10623 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **Texas Natural Gas Securitization Finance Corp. Series 2023** <br>5.102% due 04/01/2035 | 177 | 181 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 5.0%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>5.963% due 01/25/2035 ~ | 6 | 5 |
| **Banc of America Funding Trust**  |  |  |
| 4.852% due 04/20/2047 •  | 42 | 35 |
| 4.854% due 04/25/2037 •  | 42 | 35 |
| 5.490% due 05/25/2035 ~  | 33 | 31 |
| 6.000% due 07/25/2037  | 136 | 115 |
| **Banc of America Mortgage Trust** <br>6.000% due 10/25/2036 | 38 | 33 |
| **BCAP LLC Trust** <br>4.854% due 05/25/2047 •  | 147 | 140 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.923% due 04/25/2034 ~  | 51 | 49 |
| 5.785% due 02/25/2034 ~  | 3 | 3 |
| 6.530% due 02/25/2036 •  | 12 | 11 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.909% due 09/25/2035 ~  | 187 | 64 |
| 5.467% due 05/25/2035 ~  | 35 | 34 |
| **BX Commercial Mortgage Trust** <br>5.156% due 10/15/2036 •  | 268 | 268 |
| **Chase Mortgage Finance Trust**  |  |  |
| 4.939% due 07/25/2037 ~  | 19 | 16 |
| 5.078% due 03/25/2037 ~  | 102 | 99 |
| **Citigroup Mortgage Loan Trust** <br>4.832% due 04/25/2037 ~ | 86 | 77 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.485% due 05/25/2035 ~ | 14 | 14 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 3.179% due 06/25/2037 ~  | 89 | 72 |
| 4.852% due 07/20/2046 •  | 54 | 45 |
| 5.500% due 10/25/2035  | 12 | 8 |
| 5.500% due 02/25/2036  | 30 | 17 |
| 6.000% due 01/25/2037  | 215 | 178 |
| 6.000% due 02/25/2037  | 491 | 176 |
| 6.000% due 05/25/2037  | 424 | 181 |
| 6.250% due 12/25/2036 •  | 377 | 155 |
| 6.500% due 08/25/2037  | 307 | 130 |
| 8.000% due 10/25/2036  | 20 | 14 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 6.000% due 02/25/2037  | 103 | 45 |
| 6.250% due 09/25/2036  | 191 | 67 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.774% due 06/25/2035 •  | 57 | 55 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>2.500% due 07/25/2056 ~ | 141 | 115 |
| **Cross Mortgage Trust** <br>5.509% due 07/25/2070 ~ | 700 | 701 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Deutsche** **Alt-B Securities Mortgage Loan Trust** <br>6.445% due 02/25/2036 | 147 | 135 |
| **GreenPoint Mortgage Pass-Through Certificates** <br>7.182% due 10/25/2033 ~ | 3 | 3 |
| **GS Mortgage-Backed Securities Trust** <br>2.500% due 12/25/2051 ~ | 152 | 124 |
| **GSR Mortgage Loan Trust** <br>5.295% due 05/25/2037 ~ | 10 | 5 |
| **HarborView Mortgage Loan Trust** <br>7.223% due 02/25/2036 ~ | 23 | 6 |
| **Impac Secured Assets Trust** <br>5.933% due 07/25/2035 ~ | 37 | 34 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 4.057% due 06/25/2036 ~  | 121 | 106 |
| 4.588% due 12/25/2034 ~  | 2 | 2 |
| 4.914% due 07/25/2035 •  | 4 | 4 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.794% due 12/25/2036 ~  | 11 | 11 |
| 4.826% due 05/25/2037 ~  | 146 | 130 |
| **JP Morgan Mortgage Trust**  |  |  |
| 2.500% due 12/25/2051 ~  | 615 | 502 |
| 5.461% due 10/25/2035 ~  | 135 | 103 |
| 5.875% due 02/25/2035 ~  | 1 | 1 |
| **Lehman Mortgage Trust** <br>6.000% due 09/25/2037 | 56 | 55 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.448% due 03/25/2036 ~  | 60 | 30 |
| 4.854% due 02/25/2036 •  | 11 | 10 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 4.047% due 05/25/2036 ~  | 123 | 67 |
| 4.882% due 09/25/2035 ~  | 102 | 30 |
| 5.334% due 02/25/2036 •  | 11 | 10 |
| **PMT Loan Trust** <br>2.500% due 07/25/2051 ~ | 687 | 563 |
| **Prime Mortgage Trust** <br>4.934% due 02/25/2035 •  | 22 | 22 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.634% due 05/25/2037 •  | 231 | 208 |
| 4.774% due 12/25/2036 •  | 124 | 111 |
| 4.814% due 07/25/2036 •  | 166 | 151 |
| 4.834% due 11/25/2036 •  | 122 | 87 |
| 5.000% due 09/25/2036  | 35 | 26 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>6.000% due 06/25/2037 | 11 | 9 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.077% due 04/25/2036 ~  | 95 | 50 |
| 4.754% due 10/25/2035 •  | 50 | 47 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.834% due 05/25/2036 •  | 186 | 152 |
| 4.854% due 05/25/2036 •  | 16 | 11 |
| **Structured Asset Securities Corp.** <br>4.714% due 01/25/2036 •  | 123 | 102 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>4.724% due 10/25/2036 •  | 263 | 220 |
| **SunTrust Adjustable Rate Mortgage Loan Trust** <br>6.615% due 02/25/2037 ~ | 45 | 42 |
| **Thornburg Mortgage Securities Trust** <br>5.174% due 09/25/2034 •  | 11 | 11 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 326 | 296 |
| 2.710% due 01/25/2060 ~  | 247 | 237 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.017% due 10/25/2036 ~  | 218 | 193 |
| 4.142% due 12/25/2036 ~  | 148 | 131 |
| 4.994% due 11/25/2045 •  | 45 | 42 |
| 5.214% due 10/25/2044 •  | 36 | 35 |
| 5.799% due 08/25/2042 •  | 2 | 2 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.754% due 02/25/2037 •  | 267 | 206 |
| 5.500% due 11/25/2035  | 53 | 49 |
| 6.500% due 08/25/2035  | 39 | 36 |
|  |  | 7395 |
| **U.S. GOVERNMENT AGENCIES 48.4%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.000% due 03/01/2060 | 242 | 209 |
| 3.500% due 01/01/2059 | 564 | 504 |
| 4.820% due 06/25/2036 •  | 14 | 14 |
| 5.150% due 01/25/2051 •  | 382 | 382 |
| 5.465% due 03/25/2055 •  | 667 | 667 |
| **Freddie Mac**  |  |  |
| 2.053% due 01/15/2038 ~(a) | 192 | 10 |
| 4.814% due 01/15/2038 •  | 192 | 189 |
| 5.245% due 11/25/2054 •  | 944 | 942 |
| 5.705% due 03/25/2055 •  | 1198 | 1203 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Ginnie** **Mae**  |  |  |
| 3.000% due 07/20/2046 - 12/20/2052 | 1607 | 1424 |
| 3.500% due 10/20/2052 - 10/20/2054 | 2452 | 2236 |
| 4.602% due 01/20/2068 •  | 438 | 436 |
| **Ginnie Mae, TBA**  |  |  |
| 2.500% due 08/01/2055 | 3100 | 2634 |
| 3.000% due 08/01/2055 | 3800 | 3361 |
| 3.500% due 07/01/2055 | 1910 | 1737 |
| 6.500% due 08/01/2055 | 3600 | 3689 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 02/01/2027 - 09/01/2042 | 19 | 17 |
| 4.000% due 01/01/2037 - 06/01/2050 | 257 | 243 |
| 4.500% due 11/01/2025 - 08/01/2041 | 86 | 86 |
| 5.000% due 08/01/2033 - 10/01/2041 | 54 | 54 |
| 5.500% due 07/01/2035 - 02/01/2041 | 54 | 56 |
| 6.000% due 06/01/2026 - 06/01/2054 | 1554 | 1585 |
| 6.500% due 12/01/2053 - 02/01/2054 | 1240 | 1282 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 2300 | 1990 |
| 3.500% due 07/01/2040 - 08/01/2055 | 868 | 784 |
| 4.000% due 07/01/2055 | 865 | 805 |
| 4.500% due 08/01/2055 | 300 | 287 |
| 5.000% due 08/01/2055 | 13900 | 13615 |
| 5.500% due 08/01/2055 | 500 | 500 |
| 6.000% due 08/01/2055 | 9500 | 9645 |
| 6.500% due 08/01/2055 | 21000 | 21653 |
|  |  | 72239 |
| **U.S. TREASURY OBLIGATIONS 6.3%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 3.000% due 02/15/2048 (l) | 800 | 595 |
| 3.375% due 11/15/2048 (l) | 980 | 775 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 07/15/2030 (j) | 626 | 588 |
| 0.125% due 07/15/2031  | 3351 | 3085 |
| 0.125% due 01/15/2032  | 579 | 525 |
| 0.625% due 07/15/2032  | 221 | 206 |
| 2.500% due 01/15/2029  | 3362 | 3498 |
| 3.875% due 04/15/2029  | 156 | 170 |
|  |  | 9442 |
| Total United States (Cost $106,056) |  | 103727 |
| **SHORT-TERM INSTRUMENTS 2.7%**  |  |  |
| **COMMERCIAL PAPER 1.0%**  |  |  |
| **Air Lease Corp.** <br>4.820% due 07/02/2025 (b) | $250 | 250 |
| **Alimentation Couche-Tard, Inc.** <br>4.610% due 07/10/2025 | 250 | 250 |
| **Amrize Finance U.S. LLC** <br>4.670% due 07/16/2025 | 250 | 250 |
| **Global Payments, Inc.** <br>5.000% due 07/01/2025 | 250 | 250 |
| **HCA, Inc.** <br>4.950% due 08/14/2025 | 250 | 248 |
| **NextEra Energy Capital Holdings, Inc.** <br>4.610% due 08/25/2025 (b) | 250 | 248 |
|  |  | 1496 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.7%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class (f)** | 1050884 | 1051 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 0.5%**  |  |  |
| 31.275% due 11/04/2025 - 06/29/2026 (c)(d) | 1436080 | 763 |
| **U.S. TREASURY BILLS 0.5%**  |  |  |
| 4.321% due 08/19/2025 - 10/21/2025 (c)(d)(l) | $768 | 760 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $4,032) |  | 4070 |
| Total Investments in Securities (Cost $201,502) |  | 200983 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 3.8%**  |  |  |
| **SHORT-TERM INSTRUMENTS 3.8%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 3.8%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 587619 | 5722 |
| Total Short-Term Instruments (Cost $5,721) |  | 5722 |
| Total Investments in Affiliates (Cost $5,721) |  | 5722 |
| Total Investments 138.5% (Cost $207,223) |  | $206705 |
| **Financial Derivative Instruments (i)(k) (0.8)**%(Cost or Premiums, net $(619)) |  | (1209) |
| Other Assets and Liabilities, net (37.7)% |  | (56289) |
| Net Assets 100.0% |  | $149207 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 91 | 109 | 113 | 157 | 174 | 184 | 189 | 209 |
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(g)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Market<br>Value | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Drillco Holding Lux SA | Drillco Holding Lux SA | 06/08/2023 | 06/08/2023 | 06/08/2023 | 715 | 733 | 733 | 733 | % |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> |  | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BRC | BRC | 06/11/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (197) | (197) | $ | $(232) | (232) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  | **$** | $**(232)** | **(232)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% | United States (7.2)% |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (7.2)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 07/01/2040 | 3500 | $(3151) | (3151) | (3151) | (3199) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2055 | 8990 | (7072) | (7072) | (7072) | (7122) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 08/01/2055 | 475 | (391) | (391) | (391) | (394) |
| **Total Short Sales (7.2)%** | **Total Short Sales (7.2)%** | **Total Short Sales (7.2)%** |  |  |  | $**(10614)** | **(10614)** | **(10614)** | **(10715)** |
| **(h)** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $230 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7762) at a weighted average interest rate of 4.393%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 07/25/2025 | 07/25/2025 | 2 | (1) | (1) | (1) | $ | 0 |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 07/25/2025 | 07/25/2025 | 2 | (1) | (1) | (1) |  | (1) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(2)** | **(2)** | **(2)** | **$** | **(1)** |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 16 | 20 | 23 | 35 | 37 | 52 | 62 | 89 | 123 | 145 | 153 | 169 | 176 | 187 | 204 |
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 23 | 1631 | $5 | 5 | 5 | 0 | 0 | 0 | (1) |
| Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | 09/2025 | 09/2025 | 3 | 251 | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 28 | 2509 | 21 | 21 | 21 | 6 | 6 | 6 | 0 |
| Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 09/2025 | 73 | 10405 | 27 | 27 | 27 | 16 | 16 | 16 | (20) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 54 | 11233 | 50 | 50 | 50 | 3 | 3 | 3 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 85 | 9265 | 115 | 115 | 115 | 11 | 11 | 11 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 43 | 4821 | 83 | 83 | 83 | 14 | 14 | 14 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 74 | 8456 | 188 | 188 | 188 | 36 | 36 | 36 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 56 | 6671 | 208 | 208 | 208 | 75 | 75 | 75 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 7 | 894 | 15 | 15 | 15 | 1 | 1 | 1 | (3) |
|  |  |  |  |  |  |  |  |  |  | 714 | 714 | $ | 162 | 162 | $ | (24) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 108 | (8147) | $(74) | (74) | (74) | 37 | 37 | 37 | 0 |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 34 | (4713) | 21 | 21 | 21 | 10 | 10 | 10 | (3) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 59 | (9045) | 71 | 71 | 71 | 26 | 26 | 26 | (2) |
| Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 09/2025 | 79 | (11524) | 38 | 38 | 38 | 25 | 25 | 25 | (6) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 09/2025 | 13 | (1642) | 3 | 3 | 3 | 1 | 1 | 1 | (1) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 24 | (23169) | (67) | (67) | (67) | 32 | 32 | 32 | 0 |
| Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | 09/2025 | 09/2025 | 59 | (7502) | 12 | 12 | 12 | 10 | 10 | 10 | (6) |
| South Korea 10-Year Government Bond  | South Korea 10-Year Government Bond  | South Korea 10-Year Government Bond  | South Korea 10-Year Government Bond  | South Korea 10-Year Government Bond  | South Korea 10-Year Government Bond  | 09/2025 | 09/2025 | 14 | (1229) | 5 | 5 | 5 | 2 | 2 | 2 | 0 |
|  |  |  |  |  |  |  |  |  |  | 9 | 9 | $ | 143 | 143 | $ | (18) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **723** | **723** | **$** | **305** | **305** | **$** | **(42)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| CDX.IG-43 10-Year Index  | CDX.IG-43 10-Year Index  | (1.000)% | Quarterly | Quarterly | 12/20/2034 | 12/20/2034 | $ | 4200 | (22) | (21) | (43) | (43) | (43) | 0 | 0 | (4) |
| CDX.IG-44 10-Year Index  | CDX.IG-44 10-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 |  | 6000 | (8) | (38) | (46) | (46) | (46) | 0 | 0 | (5) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | EUR | 5060 | (111) | (18) | (129) | (129) | (129) | 0 | 0 | (5) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 |  | 2100 | (5) | (7) | (12) | (12) | (12) | 0 | 0 | (3) |
|  |  |  |  |  |  |  |  |  | (146) | (84) | (230) | (230) | (230) | 0 | 0 | (17) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000% | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | $ | 4100 | 93 | 1 | 94 | 94 | 94 | 2 | 2 | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  | 2000 | 41 | 4 | 45 | 45 | 45 | 1 | 1 | 0 |
|  |  |  |  |  |  |  |  |  | 134 | 5 | 139 | 139 | 139 | 3 | 3 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.750% | 3.750% | Annual | 03/19/2027 | 03/19/2027 | 03/19/2027 | 5200 | $(7) | 9 | $2 | 2 | 2 | $1 | 1 | $0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.000 | 3.000 | Annual | 06/17/2027 | 06/17/2027 | 06/17/2027 | 8700 | (20) | (126) | (146) | (146) | (146) | 0 | 0 | (2) |
| Pay<sup>(5)</sup> | 1-Day GBP-SONIO Compounded-OIS | 4.000 | 4.000 | Annual | 03/17/2028 | 03/17/2028 | 03/17/2028 | 9700 | 35 | 93 | 128 | 128 | 128 | 0 | 0 | (1) |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 16 | 23 | 35 | 62 | 89 | 117 | 145 | 176 | 204 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.500 | Annual | 03/19/2030 | 1900 | (21) | (3) | (24) | 0 | 0 |
| Pay<sup>(5)</sup> | 1-Day GBP-SONIO Compounded-OIS | 3.750 | Annual | 03/18/2031 | 3900 | 16 | 2 | 18 | 3 | (1) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.500 | Annual | 03/19/2035 | 100 | 6 | 0 | 6 | 0 | 0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.750 | Annual | 03/19/2055 | 300 | (39) | (10) | (49) | 0 | (1) |
| Pay<sup>(5)</sup> | 1-Day INR-MIBOR Compounded-OIS | 6.000 | Semi-Annual | 09/17/2030 | 246660 | 7 | 26 | 33 | 0 | (3) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 06/18/2027 | 306700 | (11) | (1) | (12) | 1 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 06/18/2030 | 170000 | (14) | 9 | (5) | 1 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 03/19/2032 | 1290000 | (19) | 28 | 9 | 0 | (14) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 03/19/2035 | 580000 | (60) | (10) | (70) | 0 | (10) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 06/19/2044 | 840000 | (399) | (423) | (822) | 0 | (31) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.800 | Annual | 06/15/2052 | 60000 | 2 | 118 | 120 | 3 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.500 | Annual | 09/18/2054 | 180000 | 17 | 167 | 184 | 9 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.500 | Annual | 12/18/2054 | 60000 | 10 | 54 | 64 | 3 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 2.000 | Annual | 06/18/2055 | 80000 | (5) | 31 | 26 | 5 | 0 |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 2.750 | Semi-Annual | 09/18/2029 | 5020 | (5) | (181) | (186) | 0 | (6) |
| Receive<sup>(5)</sup> | 1-Day SGD-SIBCSORA Compounded-OIS | 2.500 | Semi-Annual | 09/17/2030 | 1000 | (13) | (17) | (30) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2030 | $3400 | 51 | (23) | 28 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.228 | Annual | 08/30/2025 | 900 | (1) | 4 | 3 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | 3100 | 23 | (21) | 2 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.020 | Annual | 05/15/2026 | 2400 | 0 | 0 | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 06/20/2026 | 14300 | 141 | (155) | (14) | 0 | (1) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 08/15/2026 | 3300 | 0 | (6) | (6) | 0 | (1) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.940 | Annual | 08/22/2026 | 500 | 0 | (1) | (1) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2026 | 8900 | 61 | (43) | 18 | 0 | (2) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 11/30/2029 | 12960 | (16) | (120) | (136) | 0 | (19) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2030 | 5050 | 236 | (126) | 110 | 0 | (8) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 4009 | (4) | (57) | (61) | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.885 | Annual | 07/12/2034 | 1600 | (5) | (12) | (17) | 0 | (6) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 | 13964 | (11) | (269) | (280) | 0 | (54) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 | 6000 | 409 | (182) | 227 | 0 | (22) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 | 2600 | 126 | (31) | 95 | 0 | (10) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 1800 | (16) | (34) | (50) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.959 | Annual | 11/15/2054 | 600 | 0 | (3) | (3) | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.804 | Annual | 02/15/2055 | 600 | 0 | 13 | 13 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.806 | Annual | 02/15/2055 | 500 | 0 | 10 | 10 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.773 | Annual | 03/04/2055 | 600 | 0 | 16 | 16 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 | 620 | 78 | (4) | 74 | 0 | (5) |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 16 | 23 | 35 | 55 | 62 | 88 | 89 | 116 | 117 | 144 | 145 | 175 | 176 | 203 | 204 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 06/25/2055 |  | 590 |  | 2 |  | (4) |  | (2) |  | 0 |  | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.065 | Annual | 06/26/2055 |  | 390 |  | (7) |  | (4) |  | (11) |  | 0 |  | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.960 | Annual | 06/27/2055 |  | 420 |  | 0 |  | (4) |  | (4) |  | 0 |  | (4) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.005 | Annual | 09/29/2055 |  | 248 |  | (3) |  | (1) |  | (4) |  | 0 |  | (2) |
| Pay | 1-Year BRL-CDI | 13.402 | Maturity | 01/02/2029 | BRL | 10200 |  | 1 |  | 15 |  | 16 |  | 9 |  | 0 |
| Pay<sup>(5)</sup> | 3-Month AUD-BBR-BBSW | 3.500 | Semi-Annual | 03/18/2031 | AUD | 12600 |  | (67) |  | (2) |  | (69) |  | 0 |  | (2) |
| Pay | 3-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/19/2035 |  | 200 |  | 0 |  | 2 |  | 2 |  | 0 |  | 0 |
| Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 |  | 700 |  | 4 |  | 13 |  | 17 |  | 0 |  | (1) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.500 | Annual | 09/15/2026 | CHF | 2500 |  | (19) |  | (20) |  | (39) |  | 0 |  | 0 |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.294 | Annual | 02/10/2027 |  | 1600 |  | (3) |  | 18 |  | 15 |  | 0 |  | 0 |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.300 | Annual | 02/15/2027 |  | 1100 |  | 0 |  | 11 |  | 11 |  | 0 |  | 0 |
| Pay<sup>(5)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 06/18/2030 | CNY | 43500 |  | (23) |  | 31 |  | 8 |  | 0 |  | (3) |
| Pay | 3-Month EUR-EURIBOR | 0.451 | Annual | 05/27/2050 | EUR | 500 |  | (35) |  | (215) |  | (250) |  | 0 |  | (2) |
| Pay | 3-Month KRW-KORIBOR | 2.750 | Quarterly | 03/19/2035 | KRW | 941710 |  | 2 |  | 6 |  | 8 |  | 0 |  | 0 |
| Pay<sup>(5)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2035 |  | 1635110 |  | (10) |  | (4) |  | (14) |  | 0 |  | 0 |
| Pay | 3-Month NZD-BBR | 4.750 | Semi-Annual | 06/19/2029 | NZD | 100 |  | 1 |  | 2 |  | 3 |  | 0 |  | 0 |
| Pay | 3-Month SEK-STIBOR | 2.265 | Annual | 01/10/2030 | SEK | 6300 |  | (3) |  | 11 |  | 8 |  | 1 |  | 0 |
| Pay | 3-Month SEK-STIBOR | 2.474 | Annual | 02/03/2030 |  | 7060 |  | 0 |  | 16 |  | 16 |  | 1 |  | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 1.750 | Semi-Annual | 03/16/2027 | AUD | 1700 |  | (5) |  | (34) |  | (39) |  | 1 |  | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/15/2033 |  | 3200 |  | 50 |  | 1 |  | 51 |  | 0 |  | (3) |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/19/2035 |  | 3600 |  | 9 |  | 78 |  | 87 |  | 0 |  | (6) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/13/2027 | EUR | 800 |  | (3) |  | (15) |  | (18) |  | 0 |  | 0 |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.000 | Annual | 09/17/2027 |  | 4500 |  | (14) |  | 13 |  | (1) |  | 1 |  | 0 |
| Pay | 6-Month EUR-EURIBOR | 1.795 | Annual | 10/11/2029 |  | 600 |  | 0 |  | (7) |  | (7) |  | 0 |  | (1) |
| Pay | 6-Month EUR-EURIBOR | 1.923 | Annual | 10/11/2029 |  | 2450 |  | 0 |  | (11) |  | (11) |  | 0 |  | (4) |
| Pay | 6-Month EUR-EURIBOR | 2.028 | Annual | 10/11/2029 |  | 4200 |  | (1) |  | (6) |  | (7) |  | 0 |  | (6) |
| Pay | 6-Month EUR-EURIBOR | 2.343 | Annual | 01/10/2030 |  | 3300 |  | 3 |  | 10 |  | 13 |  | 0 |  | (4) |
| Pay<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 5880 |  | (68) |  | 58 |  | (10) |  | 0 |  | (7) |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 3.000 | Annual | 03/15/2033 |  | 4090 |  | (61) |  | (2) |  | (63) |  | 4 |  | 0 |
| Pay<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 15450 |  | (643) |  | 52 |  | (591) |  | 0 |  | (31) |
| Pay | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/21/2037 |  | 1140 |  | (62) |  | 12 |  | (50) |  | 0 |  | (3) |
| Receive | 6-Month EUR-EURIBOR | 0.064 | Annual | 11/17/2052 |  | 100 |  | 7 |  | 55 |  | 62 |  | 0 |  | 0 |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.213 | Annual | 03/12/2055 |  | 3400 |  | 0 |  | 171 |  | 171 |  | 4 |  | 0 |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.270 | Annual | 03/12/2055 |  | 1500 |  | 0 |  | 67 |  | 67 |  | 2 |  | 0 |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.282 | Annual | 03/12/2055 |  | 600 |  | 0 |  | 26 |  | 26 |  | 1 |  | 0 |
| Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 950 |  | 85 |  | 31 |  | 116 |  | 4 |  | 0 |
| Pay | 6-Month PLN-WIBOR | 2.585 | Annual | 10/14/2029 | PLN | 3500 |  | 0 |  | (54) |  | (54) |  | 0 |  | (1) |
| Pay | CAONREPO | 3.000 | Semi-Annual | 06/18/2027 | CAD | 1700 |  | 13 |  | 0 |  | 13 |  | 0 |  | 0 |
| Pay | CAONREPO | 2.850 | Semi-Annual | 09/01/2029 |  | 2500 |  | (4) |  | 25 |  | 21 |  | 2 |  | 0 |
| Pay | CAONREPO | 1.500 | Semi-Annual | 06/17/2030 |  | 1300 |  | (112) |  | 63 |  | (49) |  | 1 |  | 0 |
| Pay | CAONREPO | 3.000 | Semi-Annual | 06/18/2030 |  | 100 |  | 1 |  | 0 |  | 1 |  | 0 |  | 0 |
| Receive | CAONREPO | 3.250 | Semi-Annual | 03/15/2033 |  | 1900 |  | 30 |  | (74) |  | (44) |  | 0 |  | (3) |
| Receive | CAONREPO | 3.180 | Semi-Annual | 06/01/2033 |  | 2000 |  | (2) |  | (35) |  | (37) |  | 0 |  | (4) |
| Receive | CAONREPO | 2.880 | Semi-Annual | 09/01/2033 |  | 600 |  | 0 |  | (1) |  | (1) |  | 0 |  | (1) |
| Receive | CAONREPO | 3.000 | Semi-Annual | 06/01/2034 |  | 600 |  | 0 |  | (3) |  | (3) |  | 0 |  | (1) |
| Receive | CAONREPO | 3.250 | Semi-Annual | 06/21/2053 |  | 500 |  | 14 |  | (17) |  | (3) |  | 0 |  | (3) |
|  |  |  |  |  |  |  | $(371) | (371) | $(1004) | (1004) | $(1375) | (1375) | $57 | 57 | $(347) | (347) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(383)** | **(383)** | $**(1083)** | **(1083)** | $**(1466)** | **(1466)** | $**60** | **60** | $**(364)** | **(364)** |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **(j)** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $312 and cash of $4,031 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(6)</sup> | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 120 | $136 | 136 | $0 | $(5) |
|  |  | 07/2025  | $3243 | 4992 | 4992 | 43 | 0 |
|  |  | 07/2025  | 2759 | 19881 | 19881 | 21 | 0 |
|  |  | 07/2025  | 222 | 369 | 369 | 3 | 0 |
|  |  | 08/2025  | 4992 | $3245 | 3245 | 0 | (43) |
|  |  | 08/2025  | 369 | 223 | 223 | 0 | (3) |
|  |  | 08/2025  | $4262 | 30641 | 30641 | 35 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 136 | $89 | 89 | 0 | (1) |
|  |  | 07/2025  | 22080 | 25106 | 25106 | 0 | (903) |
|  |  | 07/2025  | 199506 | 146 | 146 | 0 | (1) |
|  |  | 07/2025  | $81 | 104 | 104 | 1 | 0 |
|  |  | 08/2025  | 2490 | $348 | 348 | 0 | (1) |
|  |  | 08/2025  | 21422 | 53 | 53 | 0 | 0 |
|  |  | 08/2025  | 104 | $81 | 81 | 0 | (1) |
|  |  | 08/2025  | 62 | 2 | 2 | 0 | 0 |
|  |  | 08/2025  | $64 | 21948 | 21948 | 0 | 0 |
|  |  | 08/2025  | 80 | 6877 | 6877 | 0 | 0 |
|  |  | 08/2025  | 205 | 3889 | 3889 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 1268 | $232 | 232 | 0 | (2) |
|  |  | 07/2025  | 120 | 606 | 606 | 0 | (1) |
|  |  | 07/2025  | 2610 | $80 | 80 | 0 | (10) |
|  |  | 07/2025  | $225 | 1268 | 1268 | 8 | 0 |
|  |  | 07/2025  | 266 | 4339278 | 4339278 | 2 | 0 |
|  |  | 07/2025  | 30 | 979 | 979 | 0 | 0 |
|  |  | 07/2025  | 54 | 1613 | 1613 | 1 | 0 |
|  |  | 08/2025  | 1544 | $212 | 212 | 0 | (5) |
|  |  | 08/2025  | 6088 | 198 | 198 | 0 | (13) |
|  |  | 08/2025  | $1833 | 13103 | 13103 | 5 | 0 |
|  |  | 08/2025  | 92 | 657 | 657 | 0 | 0 |
|  |  | 08/2025  | 18 | 398 | 398 | 1 | 0 |
|  |  | 08/2025  | 361 | 31403 | 31403 | 4 | 0 |
|  |  | 08/2025  | 139 | 2647 | 2647 | 1 | 0 |
|  |  | 08/2025  | 664 | 21180 | 21180 | 72 | 0 |
|  |  | 10/2025  | 5600 | $924 | 924 | 0 | (83) |
|  |  | 10/2025  | $555 | 14589654 | 14589654 | 3 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 129 | 653 | 653 | 0 | (1) |
|  |  | 07/2025  | 376 | $111 | 111 | 0 | 0 |
|  |  | 07/2025  | 11669 | 9 | 9 | 0 | 0 |
|  |  | 07/2025  | 68 | 18 | 18 | 0 | (1) |
|  |  | 07/2025  | 2769 | 83 | 83 | 0 | (2) |
|  |  | 07/2025  | $1916 | 1408 | 1408 | 17 | 0 |
|  |  | 07/2025  | 224 | 781 | 781 | 8 | 0 |
|  |  | 07/2025  | 1061 | 43464 | 43464 | 15 | 0 |
|  |  | 07/2025  | 76 | 1365 | 1365 | 2 | 0 |
|  |  | 07/2025  | 29816 | $1649 | 1649 | 0 | (32) |
|  |  | 08/2025  | 3668 | 510 | 510 | 0 | (4) |
|  |  | 08/2025  | 1408 | 1916 | 1916 | 0 | (17) |
|  |  | 08/2025  | $875 | 6287 | 6287 | 7 | 0 |
|  |  | 08/2025  | 177 | 3931 | 3931 | 11 | 0 |
|  |  | 08/2025  | 400 | 16563 | 16563 | 4 | 0 |
|  |  | 09/2025  | 1367 | $324 | 324 | 0 | (1) |
|  |  | 12/2025  | $37 | 1731 | 1731 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 3324 | $506 | 506 | 0 | (19) |
|  |  | 09/2025  | $2444 | 8953 | 8953 | 78 | 0 |
|  |  | 11/2025  | 5401 | $1470 | 1470 | 0 | (48) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 153 | 21 | 21 | 0 | 0 |
|  |  | 07/2025  | 2321 | 324 | 324 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 555 | 639 | 0 | (14) |
|  | 07/2025  | 1008025 | 736 | 0 | (10) |
|  | 07/2025  | 3578 | 983 | 0 | (27) |
|  | 07/2025  | 6676 | 205 | 0 | (25) |
|  | 07/2025  | $3392 | 24298 | 10 | 0 |
|  | 07/2025  | 206 | 3356871 | 1 | 0 |
|  | 07/2025  | 506 | 695080 | 8 | 0 |
|  | 07/2025  | 172 | 613 | 1 | 0 |
|  | 07/2025  | 1024 | 34065 | 25 | 0 |
|  | 07/2025  | 132 | 3901 | 3 | 0 |
|  | 08/2025  | 2823 | $395 | 0 | (1) |
|  | 08/2025  | 208 | 55 | 0 | (4) |
|  | 08/2025  | 9583 | 295 | 0 | (38) |
|  | 08/2025  | $880 | 6329 | 7 | 0 |
|  | 08/2025  | 860 | 6149 | 2 | 0 |
|  | 08/2025  | 334 | 1394500 | 5 | 0 |
|  | 08/2025  | 50 | 2753 | 4 | 0 |
|  | 08/2025  | 2705 | 233171 | 10 | (1) |
|  | 09/2025  | 305 | $16 | 0 | 0 |
|  | 09/2025  | 8903 | 2433 | 0 | (75) |
|  | 10/2025  | 2689568 | 103 | 0 | 0 |
|  | 12/2025  | $84 | 311 | 3 | 0 |
|  | 01/2026  | 70000 | $516 | 20 | 0 |
|  | 02/2026  | 1145 | 312 | 0 | (10) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 511 | 94 | 0 | 0 |
|  | 07/2025  | 13636 | 10 | 0 | 0 |
|  | 07/2025  | 11 | 8 | 0 | 0 |
|  | 07/2025  | $92 | 511 | 2 | 0 |
|  | 07/2025  | 12 | 87 | 0 | 0 |
|  | 07/2025  | 393 | 2502 | 2 | 0 |
|  | 07/2025  | 25972 | 22388 | 400 | 0 |
|  | 07/2025  | 94 | 1526247 | 0 | 0 |
|  | 07/2025  | 109 | 379 | 3 | 0 |
|  | 07/2025  | 46 | 1381 | 1 | 0 |
|  | 08/2025  | 35058 | $4876 | 0 | (40) |
|  | 08/2025  | 2496 | 393 | 0 | (2) |
|  | 08/2025  | 222 | 1129 | 0 | (2) |
|  | 08/2025  | 22339 | $25972 | 0 | (399) |
|  | 08/2025  | 19871 | 612 | 0 | (2) |
|  | 08/2025  | $124 | 882 | 0 | 0 |
|  | 08/2025  | 1254 | 108203 | 6 | 0 |
|  | 08/2025  | 187 | 5927 | 19 | 0 |
|  | 09/2025  | 27680 | $51 | 0 | (1) |
|  | 09/2025  | 41 | 2 | 0 | 0 |
|  | 09/2025  | $485 | 251260 | 0 | (12) |
|  | 12/2025  | 269 | 142985 | 0 | (7) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 4856 | $3133 | 0 | (63) |
|  | 07/2025  | 47551 | 8609 | 0 | (143) |
|  | 07/2025  | 334 | 406 | 0 | (15) |
|  | 07/2025  | 759315 | 5293 | 20 | 0 |
|  | 07/2025  | 16 | 13 | 0 | 0 |
|  | 07/2025  | $8344 | 47551 | 408 | 0 |
|  | 07/2025  | 417 | 333 | 4 | 0 |
|  | 07/2025  | 1407 | 10113 | 7 | 0 |
|  | 07/2025  | 534 | 3401 | 3 | 0 |
|  | 07/2025  | 3019 | 439438 | 33 | 0 |
|  | 07/2025  | 664 | 2448 | 15 | 0 |
|  | 07/2025  | 65 | 83 | 0 | 0 |
|  | 08/2025  | 332 | $417 | 0 | (4) |
|  | 08/2025  | 3392 | 534 | 0 | (3) |
|  | 08/2025  | 437822 | 3019 | 0 | (33) |
|  | 08/2025  | 96 | 75 | 0 | 0 |
|  | 08/2025  | $1301 | 9311 | 5 | 0 |
|  | 08/2025  | 599 | 51823 | 4 | 0 |
|  | 09/2025  | 8609 | 48279 | 141 | 0 |
|  | 09/2025  | 1784 | 34734 | 52 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 388 | $70 | 0 | (1) |
|  | 07/2025  | 143 | 721 | 0 | (1) |
|  | 07/2025  | 2123 | $65 | 0 | (8) |
|  | 07/2025  | $71 | 388 | 0 | 0 |
|  | 07/2025  | 49 | 794740 | 0 | 0 |
|  | 07/2025  | 25 | 32 | 0 | 0 |
|  | 07/2025  | 5 | 169 | 0 | 0 |
|  | 08/2025  | 26 | 133 | 0 | 0 |
|  | 08/2025  | 32 | $25 | 0 | 0 |
|  | 08/2025  | $130 | 7170 | 12 | 0 |
|  | 08/2025  | 314 | 112617 | 17 | 0 |
|  | 09/2025  | 2025 | $481 | 0 | (1) |
|  | 09/2025  | $70 | 394 | 2 | 0 |
|  | 09/2025  | 100 | 52275 | 0 | (1) |
|  | 10/2025  | 21300 | $3482 | 0 | (349) |
|  | 12/2025  | 1305 | 28 | 0 | (1) |
|  | 01/2026  | 190000 | 1412 | 65 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 1985 | 364 | 0 | (2) |
|  | 07/2025  | 2735 | 382 | 0 | 0 |
|  | 07/2025  | 2576 | 390 | 0 | (17) |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 98303 | 72 | 0 | (1) |
|  | 07/2025  | 369 | 220 | 0 | (5) |
|  | 07/2025  | 730 | 194 | 0 | (8) |
|  | 07/2025  | 721 | 561 | 0 | (6) |
|  | 07/2025  | 2647 | 81 | 0 | (10) |
|  | 07/2025  | $356 | 1985 | 9 | 0 |
|  | 07/2025  | 2853 | 20579 | 25 | 0 |
|  | 07/2025  | 269 | 1926 | 0 | 0 |
|  | 07/2025  | 83 | 4644 | 0 | (1) |
|  | 07/2025  | 1195 | 4415 | 30 | 0 |
|  | 07/2025  | 53 | 68 | 0 | 0 |
|  | 07/2025  | 9135 | $511 | 0 | (4) |
|  | 08/2025  | 143 | 168 | 0 | (1) |
|  | 08/2025  | 68 | 53 | 0 | 0 |
|  | 08/2025  | 7461 | 229 | 0 | (30) |
|  | 08/2025  | $4080 | 29338 | 34 | 0 |
|  | 08/2025  | 113 | 807 | 0 | 0 |
|  | 08/2025  | 404 | 35024 | 4 | 0 |
|  | 08/2025  | 28 | 928 | 4 | 0 |
|  | 10/2025  | 22172 | 55 | 0 | 0 |
|  | 10/2025  | 2816100 | $108 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 5261 | 3830 | 0 | (33) |
|  | 07/2025  | 1339 | 187 | 0 | 0 |
|  | 07/2025  | 740 | 1004 | 0 | (12) |
|  | 07/2025  | 34682 | 241 | 1 | 0 |
|  | 07/2025  | 522 | 139 | 0 | (5) |
|  | 07/2025  | 1732 | 1350 | 0 | (12) |
|  | 07/2025  | 1456 | 45 | 0 | (6) |
|  | 07/2025  | $3829 | 5263 | 36 | 0 |
|  | 07/2025  | 1275 | 9186 | 10 | 0 |
|  | 07/2025  | 187 | 1339 | 0 | 0 |
|  | 07/2025  | 257 | 224 | 7 | 0 |
|  | 07/2025  | 341 | 2664 | 0 | (1) |
|  | 07/2025  | 47 | 769455 | 0 | 0 |
|  | 07/2025  | 47 | 2622 | 0 | 0 |
|  | 07/2025  | 1405 | 1817 | 24 | 0 |
|  | 07/2025  | 517 | 17100 | 10 | 0 |
|  | 07/2025  | 4 | 117 | 0 | 0 |
|  | 08/2025  | 5254 | $3829 | 0 | (36) |
|  | 08/2025  | 11935 | 1650 | 0 | (24) |
|  | 08/2025  | 1813 | 1405 | 0 | (24) |
|  | 08/2025  | 33860 | 1048 | 3 | 0 |
|  | 08/2025  | 7674 | 240 | 0 | (27) |
|  | 08/2025  | $2262 | 16290 | 23 | 0 |
|  | 08/2025  | 187 | 1334 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 361 | $51 | 0 | 0 |
|  | 07/2025  | 28153 | 195 | 0 | 0 |
|  | 07/2025  | $1014 | 147773 | 12 | 0 |
|  | 07/2025  | 110 | 464 | 1 | 0 |
|  | 07/2025  | 13 | 134 | 0 | 0 |
|  | 07/2025  | 3 | 13 | 0 | 0 |
|  | 08/2025  | 147230 | $1014 | 0 | (12) |
|  | 08/2025  | 134 | 13 | 0 | 0 |
|  | 08/2025  | $1468 | 10521 | 7 | 0 |
|  | 08/2025  | 71 | 509 | 0 | 0 |
|  | 09/2025  | 758 | $533 | 0 | (26) |
|  | 09/2025  | $71 | 36609 | 0 | (2) |
|  | 12/2025  | 3053 | 121 | 0 | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | $584 | 9511995 | 3 | 0 |
|  | 08/2025  | 18 | 746 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | 35982 | $4972 | 0 | (74) |
|  | 08/2025  | $347 | 2502 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 2173 | $303 | 0 | 0 |
|  | 07/2025  | 296 | 10 | 0 | 0 |
|  | 07/2025  | $60 | 3247 | 5 | 0 |
|  | 07/2025  | 227 | 3696049 | 1 | 0 |
|  | 07/2025  | 2 | 6 | 0 | 0 |
|  | 07/2025  | 11 | 1646 | 0 | 0 |
|  | 07/2025  | 281 | 362 | 4 | 0 |
|  | 07/2025  | 136 | 4042 | 3 | 0 |
|  | 08/2025  | 997 | $138 | 0 | (1) |
|  | 08/2025  | 1640 | 11 | 0 | 0 |
|  | 08/2025  | 361 | 281 | 0 | (4) |
|  | 08/2025  | 719 | 22 | 0 | (3) |
|  | 08/2025  | $2639 | 18887 | 9 | 0 |
|  | 08/2025  | 423 | 36305 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 20 | 1026 | 1 | 0 |
|  | 07/2025  | 1690 | 243896 | 4 | 0 |
|  | 07/2025  | 135 | 593 | 2 | 0 |
|  | 08/2025  | 36688 | $5082 | 0 | (62) |
|  | 08/2025  | 243001 | 1690 | 0 | (4) |
|  | 08/2025  | 655 | 69 | 0 | 0 |
|  | 08/2025  | $12 | 4312 | 1 | 0 |
|  | 08/2025  | 2 | 209 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 668 | $904 | 0 | (13) |
|  | 07/2025  | $17 | 119 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 08/2025  | 08/2025  | 118 | 118 | 118 | 118 | $ | $ | 17 | 17 | 17 | 17 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 479565 | 479565 | 479565 | 479565 |  |  | 512 | 512 | 512 | 512 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | 07/2025  | 11192 | 11192 | 11192 | 11192 |  |  | 77 | 77 | 77 | 77 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 148 | 148 | 148 | 148 |  |  | 15 | 15 | 15 | 15 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | $308 | 308 | 308 | 308 | CNH | CNH | 2208 | 2208 | 2208 | 2208 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 16 | 16 | 16 | 16 | ILS | ILS | 57 | 57 | 57 | 57 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  | 102 | 102 | 102 | 102 | RON | RON | 450 | 450 | 450 | 450 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | 82 | 82 | 82 | 82 | THB | THB | 2715 | 2715 | 2715 | 2715 |  | 2 | 2 | 2 |  | 0 |
|  |  | 08/2025  | 08/2025  | 2202 | 2202 | 2202 | 2202 | $ | $ | 308 | 308 | 308 | 308 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $3170 | 3170 | 3170 | 3170 | CNH | CNH | 22750 | 22750 | 22750 | 22750 |  | 20 | 20 | 20 |  | 0 |
|  |  | 09/2025  | 09/2025  | 533 | 533 | 533 | 533 | CAD | CAD | 758 | 758 | 758 | 758 |  | 25 | 25 | 25 |  | 0 |
|  |  | 12/2025  | 12/2025  | 121 | 121 | 121 | 121 | CZK | CZK | 3053 | 3053 | 3053 | 3053 |  | 2 | 2 | 2 |  | 0 |
|  |  | 12/2025  | 12/2025  | 845 | 845 | 845 | 845 | $ | $ | 18 | 18 | 18 | 18 |  | 0 | 0 | 0 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**1993** | **1993** | **1993** | **$** | $**(2961)** | **(2961)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description | Description |  |  |  | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BOA | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.650 | 24.650 | 24.650 | 03/11/2026 | 269 | 269 | 269 | $2 | 2 | $ | $2 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | HUF | 399.000 | 399.000 | 399.000 | 08/25/2025 | 189 | 189 | 189 | 1 | 1 |  | 1 |
| BRC | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | SEK | SEK | SEK | 10.200 | 10.200 | 10.200 | 11/26/2025 | 307 | 307 | 307 | 2 | 2 |  | 1 |
| GLM | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.100 | 1.100 | 1.100 | 12/17/2025 | 38 | 38 | 38 | 4 | 4 |  | 3 |
| JPM | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.600 | 24.600 | 24.600 | 12/22/2025 | 214 | 214 | 214 | 1 | 1 |  | 1 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | HUF | 395.000 | 395.000 | 395.000 | 09/29/2025 | 228 | 228 | 228 | 1 | 1 |  | 1 |
| MBC | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.098 | 1.098 | 1.098 | 12/23/2025 | 38 | 38 | 38 | 4 | 4 |  | 3 |
| MYI | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.750 | 24.750 | 24.750 | 12/09/2025 | 287 | 287 | 287 | 2 | 2 |  | 2 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  |  | 24.550 | 24.550 | 24.550 | 12/16/2025 | 127 | 127 | 127 | 1 | 1 |  | 1 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  |  | 24.700 | 24.700 | 24.700 | 12/16/2025 | 480 | 480 | 480 | 3 | 3 |  | 3 |
|  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.110 | 1.110 | 1.110 | 11/24/2025 | 959 | 959 | 959 | 4 | 4 |  | 3 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $25 | 25 | $ | $21 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BPS | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.570% | 4.570% | 4.570% | 4.570% | 08/13/2025 | 08/13/2025 | 18200 | 18200 | 18200 | $26 | 26 | $ | $0 |
|  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.750 | 4.750 | 4.750 | 4.750 | 08/20/2025 | 08/20/2025 | 2000 | 2000 | 2000 | 2 | 2 |  | 0 |
| JPM | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.570 | 4.570 | 4.570 | 4.570 | 08/13/2025 | 08/13/2025 | 400 | 400 | 400 | 1 | 1 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $29 | 29 | $ | $0 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**54** | **54** | **$** | $**21** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description | Description |  |  |  | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GLM | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | TRY | TRY | TRY | 53.500 | 53.500 | 53.500 | 12/11/2025 | 242 | 242 | 242 | $(8) | (8) | $ | $(7) |
| UAG | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 54.000 | 54.000 | 54.000 | 12/16/2025 | 153 | 153 | 153 | (5) | (5) |  | (4) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(13) | (13) | $ | $(11) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BRC | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.350% | 4.350% | 4.350% | 4.350% | 09/25/2025 | 09/25/2025 | 800 | 800 | 800 | $(8) | (8) | $ | $0 |
| DUB | Put - OTC 5-Year Interest Rate Swap  | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.330 | 4.330 | 4.330 | 4.330 | 09/25/2025 | 09/25/2025 | 1500 | 1500 | 1500 | (16) | (16) |  | (1) |
| MYC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.715 | 3.715 | 3.715 | 3.715 | 07/02/2025 | 07/02/2025 | 500 | 500 | 500 | (2) | (2) |  | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.065 | 4.065 | 4.065 | 4.065 | 07/02/2025 | 07/02/2025 | 500 | 500 | 500 | (2) | (2) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.725 | 3.725 | 3.725 | 3.725 | 07/03/2025 | 07/03/2025 | 500 | 500 | 500 | (2) | (2) |  | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.075 | 4.075 | 4.075 | 4.075 | 07/03/2025 | 07/03/2025 | 500 | 500 | 500 | (2) | (2) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.669 | 3.669 | 3.669 | 3.669 | 07/07/2025 | 07/07/2025 | 400 | 400 | 400 | (1) | (1) |  | (1) |

---

------

<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 5 | 7 | 15 | 17 | 28 | 30 | 33 | 43 | 48 | 60 | 63 | 72 | 74 | 78 | 80 | 96 | 99 | 105 | 111 | 125 | 136 | 147 | 160 | 178 | 184 | 195 | 198 | 208 |
|  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | Pay | 4.019 | 4.019 | 4.019 | 07/07/2025 | 07/07/2025 | 07/07/2025 |  | 400 |  | (1) | (1) | (1) | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (34) | (34) | (34) | $(7) | (7) | (7) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(47)** | **(47)** | **(47)** | $**(18)** | **(18)** | **(18)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> |  | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Liability |
| GST | Korea International Bond  | Korea International Bond  | Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000)% | (1.000)% | (1.000)% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.262% | 0.262% | 0.262% | $ | $530 | 530 | (17) | (17) | (1) | $ | 0 | 0 | 0 | (18) |
| MYC | Korea International Bond  | Korea International Bond  | Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000) | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.262 | 0.262 | 0.262 |  | 450 | 450 | (14) | (14) | (1) |  | 0 | 0 | 0 | (15) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (31) | (31) | (2) | $ | 0 | 0 | 0 | (33) |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(4)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> |  | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Liability |
| CBK | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000% | 1.000% | 1.000% | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 06/20/2027 | 0.603% | 0.603% | 0.603% | $ | $2900 | 2900 | (15) | (15) | 38 | $ | 23 | 23 | 23 | 0 |
| DUB | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | 4.750 | 4.750 | 4.750 | Monthly | Monthly | 07/06/2026 | 07/06/2026 | 07/06/2026 | 07/06/2026 | —◆ | —◆ | —◆ |  | 841 | 841 | 0 | 0 | 4 |  | 4 | 4 | 4 | 0 |
| GST | Indonesia Government International Bond  | Indonesia Government International Bond  | Indonesia Government International Bond  | Indonesia Government International Bond  | Indonesia Government International Bond  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.778 | 0.778 | 0.778 |  | 2500 | 2500 | 6 | 6 | 20 |  | 26 | 26 | 26 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9) | (9) | 62 | $ | 53 | 53 | 53 | 0 |
| **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Receive | Receive | Pay | Pay | Pay | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date<sup>(8)</sup> | Maturity<br>Date<sup>(8)</sup> | Maturity<br>Date<sup>(8)</sup> | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received |  |  |  | Notional Amount<br>of Currency<br>Delivered |  | Upfront <br>Payable/<br>(Receivable) | Upfront <br>Payable/<br>(Receivable) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 12/17/2026 | 12/17/2026 | 12/17/2026 | $6619 | 6619 | 6619 | 6619 | JPY | JPY | JPY | 980000 | $ | 14 | 14 | 0 | $ | 14 | 14 | $ | 0 |
|  |  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.470% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.470% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 09/17/2030 | 5318 | 5318 | 5318 | 5318 |  |  |  | 820000 |  | (51) | (51) | 14 |  | 0 | 0 |  | (37) |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 10/15/2026 | 10/15/2026 | 10/15/2026 | 14263 | 14263 | 14263 | 14263 |  |  |  | 2257800 |  | (184) | (184) | 7 |  | 0 | 0 |  | (177) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (221) | (221) | 21 | $ | 14 | 14 | $ | (214) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500% | 1.500% | 1.500% | Quarterly | Quarterly | 03/18/2031 | 03/18/2031 | 03/18/2031 | CNY | CNY | 24600 | 24600 | 24600 | $(20) | (20) | $24 | 24 | $4 | 4 | 4 | $0 |
|  |  | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | 3.500 | Quarterly | Quarterly | 03/19/2030 | 03/19/2030 | 03/19/2030 | MYR | MYR | 8600 | 8600 | 8600 | (2) | (2) | 31 | 31 | 29 | 29 | 29 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | 3.750 | Quarterly | Quarterly | 09/20/2033 | 09/20/2033 | 09/20/2033 |  |  | 800 | 800 | 800 | (5) | (5) | (1) | (1) | 0 | 0 | 0 | (6) |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | 3.750 | Quarterly | Quarterly | 09/18/2034 | 09/18/2034 | 09/18/2034 |  |  | 1690 | 1690 | 1690 | (5) | (5) | (7) | (7) | 0 | 0 | 0 | (12) |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500 | 1.500 | 1.500 | Quarterly | Quarterly | 03/18/2031 | 03/18/2031 | 03/18/2031 | CNY | CNY | 30200 | 30200 | 30200 | 0 | 0 | 6 | 6 | 6 | 6 | 6 | 0 |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | 3.500 | Quarterly | Quarterly | 03/19/2030 | 03/19/2030 | 03/19/2030 | MYR | MYR | 6640 | 6640 | 6640 | 0 | 0 | 22 | 22 | 22 | 22 | 22 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | 3.750 | Quarterly | Quarterly | 09/20/2033 | 09/20/2033 | 09/20/2033 |  |  | 8830 | 8830 | 8830 | 49 | 49 | (110) | (110) | 0 | 0 | 0 | (61) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Receive | 3-Month COP-IBR Compounded-OIS | 3-Month COP-IBR Compounded-OIS | 3-Month COP-IBR Compounded-OIS | 3-Month COP-IBR Compounded-OIS | 3-Month COP-IBR Compounded-OIS | 5.960 | 5.960 | 5.960 | Quarterly | Quarterly | 02/11/2029 | 02/11/2029 | 02/11/2029 | COP | COP | 7400 | 7400 | 7400 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 6 | 15 | 43 | 67 | 74 | 100 | 105 | 135 | 136 | 159 | 166 | 183 | 184 | 207 | 208 |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500 | Quarterly | 03/18/2031 | CNY | 6700 |  | 3 |  | (2) |  | 1 |  | 0 |
|  |  |  |  |  |  |  |  |  | $20 | 20 | $(37) | (37) | $62 | 62 | $(79) | (79) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(241)** | **(241)** | $**44** | **44** | $**129** | **129** | $**(326)** | **(326)** |
| **(l)** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,076 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>◆</sup> | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(3)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(5)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(7)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(8)</sup> | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |  |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Argentina | Argentina | Argentina |
| Sovereign Issues | $44 | $44 |
| Australia | Australia | Australia |
| Corporate Bonds & Notes | 1245 | 1245 |
| Sovereign Issues | 2176 | 2176 |
| Canada | Canada | Canada |
| Corporate Bonds & Notes | 2534 | 2534 |
| Sovereign Issues | 2870 | 2870 |
| Cayman Islands | Cayman Islands | Cayman Islands |
| Asset-Backed Securities | 5551 | 5551 |
| Corporate Bonds & Notes | 513 | 513 |
| Chile | Chile | Chile |
| Sovereign Issues | 975 | 975 |
| China | China | China |
| Sovereign Issues | 391 | 391 |
| Colombia | Colombia | Colombia |
| Corporate Bonds & Notes | 241 | 241 |
| Sovereign Issues | 349 | 349 |
| Czech Republic | Czech Republic | Czech Republic |
| Sovereign Issues | 275 | 275 |
| Denmark | Denmark | Denmark |
| Corporate Bonds & Notes | 947 | 947 |
| Dominican Republic | Dominican Republic | Dominican Republic |
| Sovereign Issues | 504 | 504 |
| Ecuador | Ecuador | Ecuador |
| Sovereign Issues | 344 | 344 |
| France | France | France |
| Corporate Bonds & Notes | 1112 | 1112 |
| Sovereign Issues | 8340 | 8340 |
| Hungary | Hungary | Hungary |
| Sovereign Issues | 2456 | 2456 |
| India | India | India |
| Corporate Bonds & Notes | 301 | 301 |
| Indonesia | Indonesia | Indonesia |
| Sovereign Issues | 625 | 625 |
| Ireland | Ireland | Ireland |
| Asset-Backed Securities | 3907 | 3907 |
| Corporate Bonds & Notes | 578 | 578 |
| Loan Participations and Assignments | 0 | 593 |
| Israel | Israel | Israel |
| Sovereign Issues | 916 | 916 |
| Italy | Italy | Italy |
| Corporate Bonds & Notes | 1418 | 1418 |
| Sovereign Issues | 404 | 404 |
| Ivory Coast | Ivory Coast | Ivory Coast |
| Sovereign Issues | 335 | 335 |
| Japan | Japan | Japan |
| Corporate Bonds & Notes | 1013 | 1013 |
| Sovereign Issues | 10242 | 10242 |
| Kazakhstan | Kazakhstan | Kazakhstan |
| Corporate Bonds & Notes | 664 | 664 |
| Luxembourg | Luxembourg | Luxembourg |
| Common Stocks | 0 | 1039 |
| Corporate Bonds & Notes | 939 | 939 |
| Malaysia | Malaysia | Malaysia |
| Corporate Bonds & Notes | 344 | 344 |
| Sovereign Issues | 1144 | 1144 |
| Mexico | Mexico | Mexico |
| Sovereign Issues | 767 | 767 |
| Multinational | Multinational | Multinational |
| Corporate Bonds & Notes | 301 | 301 |
| Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | 1727 | 1727 |
| Non-Agency Mortgage-Backed Securities | 41 | 41 |
| New Zealand | New Zealand | New Zealand |
| Sovereign Issues | 212 | 212 |
| Norway | Norway | Norway |
| Sovereign Issues | 257 | 257 |
| Peru | Peru | Peru |
| Corporate Bonds & Notes | 870 | 870 |
| Sovereign Issues | 2719 | 2719 |
| Philippines | Philippines | Philippines |
| Sovereign Issues | 347 | 347 |
| Poland | Poland | Poland |
| Sovereign Issues | 1520 | 1520 |
| Qatar | Qatar | Qatar |
| Corporate Bonds & Notes | 175 | 175 |
| Romania | Romania | Romania |
| Sovereign Issues | 2414 | 2414 |
| Saudi Arabia | Saudi Arabia | Saudi Arabia |
| Corporate Bonds & Notes | 635 | 635 |
| Sovereign Issues | 3706 | 3706 |
| Serbia | Serbia | Serbia |
| Sovereign Issues | 2127 | 2127 |
| Singapore | Singapore | Singapore |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 11 | 45 | 65 | 73 | 87 | 98 | 109 | 129 | 142 | 152 | 166 | 181 | 205 |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 1727 | 1727 | 0 | 0 |  | 1727 |  |
| South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa | South Africa |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 3279 | 3279 | 0 | 0 |  | 3279 |  |
| South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea | South Korea |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 1519 | 1519 | 0 | 0 |  | 1519 |  |
| Spain | Spain | Spain | Spain | Spain | Spain | Spain | Spain | Spain | Spain | Spain | Spain | Spain |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 205 | 205 | 0 | 0 |  | 205 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 4732 | 4732 | 0 | 0 |  | 4732 |  |
| Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 1000 | 1000 | 0 | 0 |  | 1000 |  |
| Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 764 | 764 | 0 | 0 |  | 764 |  |
| Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 655 | 655 | 0 | 0 |  | 655 |  |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 300 | 300 | 0 | 0 |  | 300 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 3276 | 3276 | 0 | 0 |  | 3276 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 1060 | 1060 | 0 | 0 |  | 1060 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 1522 | 1522 | 0 | 0 |  | 1522 |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 | 3847 | 3847 | 0 | 0 |  | 3847 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 10623 | 10623 | 0 | 0 |  | 10623 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | 0 | 0 | 0 | 181 | 181 | 0 | 0 |  | 181 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 7395 | 7395 | 0 | 0 |  | 7395 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 72239 | 72239 | 0 | 0 |  | 72239 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 9442 | 9442 | 0 | 0 |  | 9442 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | 250 | 250 | 250 | 1246 | 1246 | 0 | 0 |  | 1496 |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 1051 | 1051 | 0 | 0 |  | 1051 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 0 | 763 | 763 | 0 | 0 |  | 763 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 760 | 760 | 0 | 0 |  | 760 |  |
|  |  |  |  | $250 | 250 | 250 | $199101 | 199101 | $1632 | 1632 | $ | 200983 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $5722 | 5722 | 5722 | $0 | 0 | $0 | 0 | $ | 5722 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | $5972 | 5972 | 5972 | $199101 | 199101 | $1632 | 1632 | $ | 206705 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $(10715) | (10715) | $0 | 0 | $ | (10715) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 166 | 166 | 166 | 199 | 199 | 0 | 0 |  | 365 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 2139 | 2139 | 4 | 4 |  | 2143 |  |
|  |  |  |  | $166 | 166 | 166 | $2338 | 2338 | $4 | 4 | $ | 2508 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (42) | (42) | (42) | (365) | (365) | 0 | 0 |  | (407) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (3305) | (3305) | 0 | 0 |  | (3305) |  |
|  |  |  |  | $(42) | (42) | (42) | $(3670) | (3670) | $0 | 0 | $ | (3712) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $124 | 124 | 124 | $(1332) | (1332) | $4 | 4 | $ | (1204) |  |
| Totals | Totals | Totals | Totals | $6096 | 6096 | 6096 | $187054 | 187054 | $1636 | 1636 | $ | 194786 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Sales/Settlements<sup>(1)</sup> | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Ireland |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | $540 | $0 | $ | 0 | $0 | $ | 53 | $0 | 0 | $0 | 0 | $593 | $53 |
| Luxembourg |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Common Stocks | 1277 | 0 |  | 0 | 0 |  | (238) | 0 | 0 | 0 | 0 | 1039 | (238) |
|  | 1817 | $0 | $ | 0 | $0 | $ | (185) | $0 | 0 | $0 | 0 | $1632 | $(185) |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | 7 | $(1) | $ | 0 | $0 | $ | (2) | $0 | 0 | $0 | 0 | $4 | $(2) |

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<br> Schedule of Investments PIMCO Global Advantage<sup>®</sup> Strategy Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 3 | 10 | 27 | 41 | 45 | 70 | 104 | 129 | 168 | 181 | 202 | 205 |
| Totals | Totals | $1824 | 0 | $ | $(1) | $0 | $(187) | $0 | 0 | 1636 | $ | (187) |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $593 | 593 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 | 3.327 |  |  |
| Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg | Luxembourg |
| Common Stocks | Common Stocks | Common Stocks | 1039 | 1039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 20.500 | 20.500 |  |  |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | Over the counter | 4 | 4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.197 | 0.197 |  |  |
| Total | Total | Total | $1636 | 1636 |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 141.6% ¤** |  |  |
| **ARGENTINA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030 þ  | $162 | $110 |
| 4.125% due 07/09/2035 þ  | 122 | 79 |
| Total Argentina (Cost $161) |  | 189 |
| **AUSTRALIA 2.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Australia & New Zealand Banking Group Ltd.** <br>4.675% due 06/15/2026 | $3600 | 3617 |
| **Canadian Imperial Bank of Commerce** <br>4.084% due 09/14/2026 ~ | 3200 | 2105 |
| **Commonwealth Bank of Australia** <br>5.071% due 09/14/2028 | $2600 | 2684 |
| **National Australia Bank Ltd.** <br>5.134% due 11/28/2028 | 2600 | 2696 |
|  |  | 11102 |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **Australia Government International Bond**  |  |  |
| 1.750% due 06/21/2051  | 250 | 89 |
| 2.500% due 05/21/2030  | 2300 | 1449 |
| **New South Wales Treasury Corp.**  |  |  |
| 1.750% due 03/20/2034  | 4400 | 2289 |
| 2.000% due 03/08/2033  | 3300 | 1824 |
| 4.750% due 09/20/2035  | 1600 | 1047 |
| **Queensland Treasury Corp.**  |  |  |
| 1.500% due 08/20/2032  | 2100 | 1138 |
| 1.750% due 07/20/2034  | 3400 | 1739 |
| 2.000% due 08/22/2033  | 2400 | 1301 |
| 4.500% due 08/22/2035  | 3200 | 2035 |
| **Treasury Corp. of Victoria**  |  |  |
| 2.000% due 09/17/2035  | 11300 | 5679 |
| 2.250% due 09/15/2033  | 4300 | 2374 |
| 4.250% due 12/20/2032  | 3200 | 2085 |
|  |  | 23049 |
| Total Australia (Cost $33,257) |  | 34151 |
| **BRAZIL 1.9%**  |  |  |
| **SOVEREIGN ISSUES 1.9%**  |  |  |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (d) | 167800 | 29791 |
| Total Brazil (Cost $28,132) |  | 29791 |
| **CANADA 4.3%**  |  |  |
| **CORPORATE BONDS & NOTES 1.7%**  |  |  |
| **Bank of Nova Scotia** <br>4.299% due 03/20/2028 | $7400 | 7467 |
| **Fairfax Financial Holdings Ltd.** <br>2.750% due 03/29/2028 | 1000 | 1172 |
| **Royal Bank of Canada**  |  |  |
| 4.334% due 06/30/2026 ~  | 3500 | 2312 |
| 4.851% due 12/14/2026  | $2400 | 2428 |
| **Toronto-Dominion Bank**  |  |  |
| 4.684% due 09/15/2028 ~  | 6300 | 4177 |
| 4.701% due 06/05/2026  | $4800 | 4824 |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 4.814% due 07/16/2027  | 4600 | 4676 |
|  |  | 27056 |
| **SOVEREIGN ISSUES 2.6%**  |  |  |
| **Canada Government Bond**  |  |  |
| 1.500% due 12/01/2044 (e)  | 565 | 408 |
| 2.750% due 03/01/2030  | 500 | 366 |
| 3.250% due 12/01/2033  | 14500 | 10706 |
| 4.000% due 03/01/2029  | 18700 | 14331 |
| **Province of British Columbia** <br>4.150% due 06/18/2034 | 2300 | 1742 |
| **Province of Ontario** <br>3.650% due 06/02/2033 | 4000 | 2954 |
| **Province of Quebec**  |  |  |
| 3.600% due 09/01/2033  | 7000 | 5138 |
| 4.450% due 09/01/2034  | 5500 | 4251 |
|  |  | 39896 |
| Total Canada (Cost $65,609) |  | 66952 |
| **CAYMAN ISLANDS 4.1%**  |  |  |
| **ASSET-BACKED SECURITIES 3.8%**  |  |  |
| **522 Funding CLO Ltd.** <br>5.571% due 10/20/2031 •  | $679 | 680 |
| **American Money Management Corp. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 2300 | 2301 |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | 1318 | 1321 |
| **Atlantic Avenue Ltd.** <br>5.529% due 01/20/2035 •  | 3900 | 3899 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.379% due 01/18/2035 •  | 2700 | 2698 |
| 5.499% due 10/23/2032 •  | 4257 | 4263 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 5.422% due 10/23/2034 •  | 2500 | 2494 |
| 5.491% due 07/16/2034 •  | 2100 | 2099 |
| 5.509% due 07/19/2034 •  | 3500 | 3509 |
| **CIFC Funding Ltd.** <br>5.487% due 10/24/2030 •  | 647 | 647 |
| **Crown Point CLO Ltd.** <br>5.499% due 10/20/2031 •  | 725 | 726 |
| **Gallatin CLO Ltd.** <br>5.608% due 07/15/2031 •  | 1130 | 1133 |
| **Golub Capital Partners Static Ltd.** <br>5.499% due 04/20/2033 •  | 3356 | 3356 |
| **GPMT Ltd.**  |  |  |
| 5.784% due 12/15/2036 •  | 1415 | 1384 |
| 5.929% due 07/16/2035 •  | 617 | 605 |
| **ICG U.S. CLO Ltd.** <br>5.550% due 04/17/2034 •  | 1726 | 1727 |
| **KKR CLO Ltd.** <br>5.471% due 07/18/2030 •  | 140 | 140 |
| **Madison Park Funding Ltd.**  |  |  |
| 5.256% due 10/15/2034 •  | 4200 | 4205 |
| 5.522% due 10/22/2034 •  | 2300 | 2303 |
| **MF1 Ltd.** <br>5.509% due 10/16/2036 •  | 876 | 876 |
| **Newark BSL CLO Ltd.** <br>5.513% due 07/25/2030 •  | 331 | 332 |
| **OZLM Ltd.** <br>5.469% due 10/20/2031 •  | 951 | 952 |
| **Parallel Ltd.** <br>5.366% due 07/15/2034 •  | 4100 | 4093 |
| **Sound Point CLO Ltd.** <br>5.651% due 01/21/2031 •  | 200 | 200 |
| **Steele Creek CLO Ltd.** <br>5.768% due 10/15/2030 •  | 224 | 224 |
| **TCW CLO AMR Ltd.** <br>5.624% due 08/16/2034 •  | 4000 | 4006 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.964% due 02/15/2039 •  | 1944 | 1948 |
| **Tralee CLO Ltd.** <br>5.349% due 10/20/2034 •  | 3700 | 3704 |
| **Trinitas CLO Ltd.** <br>5.612% due 01/25/2034 •  | 2900 | 2903 |
| **Venture CLO Ltd.** <br>5.578% due 09/07/2030 •  | 528 | 528 |
|  |  | 59256 |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 1726 | 1641 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Gaci** **First Investment Co.** <br>5.250% due 01/29/2034 | 1400 | 1414 |
| **Sands China Ltd.** <br>5.400% due 08/08/2028 | 800 | 806 |
|  |  | 3861 |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **KSA Sukuk Ltd.** <br>5.268% due 10/25/2028 | 500 | 513 |
| Total Cayman Islands (Cost $63,689) |  | 63630 |
| **CHILE 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Chile Government International Bond** <br>4.850% due 01/22/2029 | $1000 | 1016 |
| Total Chile (Cost $999) |  | 1016 |
| **DENMARK 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Danske Bank AS** <br>6.259% due 09/22/2026 •  | $1800 | 1806 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 1.500% due 10/01/2053  | 1449 | 186 |
| **Nykredit Realkredit AS**  |  |  |
| 1.000% due 04/01/2026  | 38100 | 5981 |
| 1.500% due 10/01/2052  | 8396 | 1077 |
| **Realkredit Danmark AS**  |  |  |
| 1.000% due 04/01/2026  | 7600 | 1192 |
| 1.500% due 10/01/2053  | 1538 | 197 |
| Total Denmark (Cost $9,771) |  | 10439 |
| **FRANCE 7.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **BNP Paribas SA**  |  |  |
| 5.738% due 02/20/2035 •  | $1100 | 1140 |
| 5.786% due 01/13/2033 •  | 1000 | 1041 |
| **BPCE SA** <br>6.612% due 10/19/2027 •  | 2200 | 2252 |
| **Credit Agricole SA** <br>6.316% due 10/03/2029 •  | 1800 | 1892 |
|  |  | 6325 |
| **SOVEREIGN ISSUES 6.6%**  |  |  |
| **Caisse des Depots et Consignations** <br>4.250% due 02/28/2028 | 6700 | 9223 |
| **France Government International Bond**  |  |  |
| 0.750% due 02/25/2028  | 16400 | 18639 |
| 2.750% due 10/25/2027  | 15000 | 17942 |
| 2.750% due 02/25/2030  | 48100 | 57249 |
|  |  | 103053 |
| Total France (Cost $98,641) |  | 109378 |
| **GERMANY 0.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Deutsche Bank AG**  |  |  |
| 1.750% due 11/19/2030 •  | 300 | 331 |
| 2.129% due 11/24/2026 •  | $400 | 396 |
| 3.547% due 09/18/2031 •  | 1400 | 1310 |
| 5.706% due 02/08/2028 •  | 1600 | 1627 |
| Total Germany (Cost $3,696) |  | 3664 |
| **HUNGARY 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 5.375% due 09/26/2030  | $4600 | 4648 |
| 6.250% due 09/22/2032  | 1100 | 1150 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Hungary (Cost $5,673) |  | 5798 |
| **IRELAND 2.9%**  |  |  |
| **ASSET-BACKED SECURITIES 2.7%**  |  |  |
| **Accunia European CLO DAC** <br>3.229% due 07/15/2030 •  | 147 | 173 |
| **Ares European CLO DAC** <br>3.266% due 10/21/2034 •  | 3203 | 3771 |
| **Blackrock European CLO DAC** <br>3.116% due 07/19/2035 •  | 2500 | 2932 |
| **Bosphorus CLO DAC** <br>2.899% due 05/25/2034 •  | 4400 | 5162 |
| **Cairn CLO DAC** <br>2.856% due 01/31/2030 •  | 1001 | 1176 |
| **Capital Four CLO DAC** <br>3.299% due 10/15/2034 •  | 2600 | 3059 |
| **CVC Cordatus Loan Fund DAC**  |  |  |
| 2.929% due 10/15/2031 •  | 447 | 527 |
| 3.391% due 10/23/2034 •  | 891 | 1051 |
| **CVC Cordatus Opportunity Loan Fund-R DAC** <br>2.983% due 08/15/2033 •  | 1079 | 1268 |
| **Dryden Euro CLO DAC** <br>2.939% due 04/15/2033 •  | 604 | 711 |
| **Hayfin Emerald CLO DAC** <br>3.914% due 01/22/2039 •  | 6200 | 7310 |
| **Palmer Square European Loan Funding DAC** <br>3.113% due 05/15/2033 •  | 2726 | 3214 |
| **Rockford Tower Europe CLO DAC**  |  |  |
| 3.151% due 01/24/2035 •  | 2900 | 3405 |
| 3.561% due 04/24/2037 •  | 2100 | 2475 |
| **Sculptor European CLO DAC** <br>3.329% due 10/15/2034 •  | 4700 | 5525 |
| **Trinitas Euro CLO DAC** <br>3.166% due 10/20/2032 •  | 596 | 703 |
|  |  | 42462 |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **AerCap Ireland Capital DAC** <br>3.000% due 10/29/2028 | $550 | 524 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 2600 | 3085 |
| Total Ireland (Cost $42,283) |  | 46071 |
| **ISRAEL 0.4%**  |  |  |
| **SOVEREIGN ISSUES 0.4%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 4.500% due 01/17/2033  | $600 | 574 |
| 5.375% due 02/19/2030  | 1600 | 1633 |
| 5.500% due 03/12/2034  | 3700 | 3751 |
| 5.625% due 02/19/2035  | 600 | 611 |
| Total Israel (Cost $6,453) |  | 6569 |
| **ITALY 1.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Banca Monte dei Paschi di Siena SpA** <br>0.875% due 10/08/2027 | 1200 | 1392 |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.750% due 05/05/2026 | $1400 | 1414 |
| **Italy Buoni Poliennali Del Tesoro**  |  |  |
| 0.000% due 04/01/2026 (d)  | 8000 | 9292 |
| 3.850% due 09/15/2026  | 2200 | 2648 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Italy** **Government International Bond** <br>6.000% due 08/04/2028 | 600 | 857 |
|  |  | 14211 |
| Total Italy (Cost $14,639) |  | 15603 |
| **JAPAN 6.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Nomura Holdings, Inc.** <br>2.329% due 01/22/2027 | $600 | 580 |
| **SOVEREIGN ISSUES 6.1%**  |  |  |
| **Development Bank of Japan, Inc.**  |  |  |
| 0.010% due 09/09/2025  | 6961 | 8168 |
| 4.000% due 08/28/2027  | $2700 | 2701 |
| **Japan Finance Organization for Municipalities** <br>0.625% due 09/02/2025 | 4300 | 4272 |
| **Japan Government International Bond**  |  |  |
| 0.100% due 01/01/2026  | 1550000 | 10743 |
| 0.100% due 03/10/2028 (e)  | 1203033 | 8651 |
| 0.100% due 03/10/2029 (e)  | 390432 | 2820 |
| 0.400% due 06/20/2029  | 450000 | 3064 |
| 0.400% due 06/20/2040  | 783300 | 4308 |
| 0.700% due 12/20/2048  | 201000 | 945 |
| 0.700% due 06/20/2051  | 30000 | 131 |
| 1.300% due 06/20/2052  | 50000 | 252 |
| 1.500% due 09/20/2043  | 232500 | 1431 |
| 2.000% due 12/20/2044  | 970000 | 6378 |
| 2.200% due 06/20/2054  | 489000 | 2989 |
| 2.200% due 03/20/2064  | 574000 | 3205 |
| 2.300% due 12/20/2054  | 3226000 | 20138 |
| 2.400% due 03/20/2045  | 892000 | 6236 |
| 2.400% due 03/20/2055  | 1177000 | 7509 |
| **Tokyo Metropolitan Government** <br>0.750% due 07/16/2025 | $1200 | 1198 |
|  |  | 95139 |
| Total Japan (Cost $99,428) |  | 95719 |
| **JERSEY, CHANNEL ISLANDS 0.0%**  |  |  |
| **ASSET-BACKED SECURITIES 0.0%**  |  |  |
| **Saranac CLO Ltd.** <br>5.724% due 08/13/2031 •  | $709 | 709 |
| Total Jersey, Channel Islands (Cost $709) |  | 709 |
| **MALAYSIA 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Petronas Capital Ltd.**  |  |  |
| 4.550% due 04/21/2050  | $300 | 255 |
| 4.800% due 04/21/2060  | 300 | 258 |
|  |  | 513 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Malaysia Government International Bond** <br>2.632% due 04/15/2031 | 6000 | 1374 |
| Total Malaysia (Cost $1,885) |  | 1887 |
| **MEXICO 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Mexico Government International Bond** <br>5.000% due 04/27/2051 | $500 | 389 |
| Total Mexico (Cost $466) |  | 389 |
| **MULTINATIONAL 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Preferred Term Securities Ltd.** <br>4.880% (US0003M + 0.300%) due 09/22/2037 ~ | $524 | 477 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Multinational (Cost $417) |  | 477 |
| **NETHERLANDS 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **ABN AMRO Bank NV**  |  |  |
| 5.515% due 12/03/2035 •  | $2800 | 2854 |
| 6.575% due 10/13/2026 •  | 2600 | 2614 |
| Total Netherlands (Cost $5,400) |  | 5468 |
| **NORWAY 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Kommunalbanken AS** <br>1.900% due 01/19/2027 | 2200 | 1411 |
| Total Norway (Cost $1,602) |  | 1411 |
| **PERU 1.3%**  |  |  |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 6.150% due 08/12/2032  | 10000 | 2920 |
| 6.900% due 08/12/2037  | 10200 | 2934 |
| 6.950% due 08/12/2031  | 48561 | 14906 |
| Total Peru (Cost $19,133) |  | 20760 |
| **POLAND 0.6%**  |  |  |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Republic of Poland Government International Bond**  |  |  |
| 3.875% due 02/14/2033  | 1300 | 1606 |
| 4.250% due 02/14/2043  | 400 | 473 |
| 4.625% due 03/18/2029  | $1400 | 1422 |
| 4.875% due 02/12/2030  | 1000 | 1021 |
| 4.875% due 10/04/2033  | 300 | 299 |
| 5.125% due 09/18/2034  | 3300 | 3320 |
| 5.375% due 02/12/2035  | 700 | 714 |
| 5.500% due 04/04/2053  | 200 | 187 |
| Total Poland (Cost $8,682) |  | 9042 |
| **QATAR 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **QatarEnergy** <br>2.250% due 07/12/2031 | $300 | 263 |
| Total Qatar (Cost $298) |  | 263 |
| **ROMANIA 0.9%**  |  |  |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 800 | 810 |
| 2.000% due 04/14/2033  | 2000 | 1808 |
| 2.125% due 03/07/2028  | 600 | 682 |
| 2.750% due 04/14/2041  | 400 | 294 |
| 2.875% due 04/13/2042  | 1000 | 735 |
| 5.125% due 09/24/2031  | 1900 | 2212 |
| 5.250% due 03/10/2030  | 1400 | 1686 |
| 5.625% due 02/22/2036  | 1100 | 1235 |
| 6.250% due 09/10/2034  | 400 | 476 |
| 6.625% due 09/27/2029  | 2600 | 3304 |
| Total Romania (Cost $12,947) |  | 13242 |
| **SAUDI ARABIA 1.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Saudi Arabian Oil Co.**  |  |  |
| 2.250% due 11/24/2030  | $200 | 178 |
| 4.750% due 06/02/2030  | 1500 | 1508 |
| 5.375% due 06/02/2035  | 3200 | 3218 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.375% due 06/02/2055  | 700 | 700 |
|  |  | 5604 |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Saudi Government International Bond**  |  |  |
| 3.250% due 10/22/2030  | 200 | 188 |
| 3.375% due 03/05/2032  | 1800 | 2113 |
| 3.750% due 03/05/2037 (h)  | 500 | 574 |
| 4.750% due 01/18/2028  | $2400 | 2420 |
| 4.750% due 01/16/2030  | 8900 | 8992 |
| 4.875% due 07/18/2033  | 2200 | 2211 |
| 5.125% due 01/13/2028  | 3400 | 3458 |
| 5.375% due 01/13/2031  | 1900 | 1972 |
|  |  | 21928 |
| Total Saudi Arabia (Cost $26,866) |  | 27532 |
| **SERBIA 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Serbia Government International Bond**  |  |  |
| 1.000% due 09/23/2028  | 700 | 762 |
| 2.050% due 09/23/2036  | 600 | 538 |
| 6.000% due 06/12/2034  | $1100 | 1112 |
| Total Serbia (Cost $2,583) |  | 2412 |
| **SINGAPORE 0.8%**  |  |  |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Singapore Government International Bond**  |  |  |
| 2.375% due 07/01/2039  | 1067 | 844 |
| 2.750% due 03/01/2035  | 5320 | 4378 |
| 3.250% due 06/01/2054  | 7260 | 6797 |
| Total Singapore (Cost $10,231) |  | 12019 |
| **SLOVAKIA 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **365 bank AS** <br>7.125% due 07/04/2028 •  | 3700 | 4683 |
| Total Slovakia (Cost $4,459) |  | 4683 |
| **SOUTH AFRICA 1.3%**  |  |  |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 8.000% due 01/31/2030  | 118000 | 6554 |
| 8.875% due 02/28/2035  | 248400 | 13102 |
| Total South Africa (Cost $19,192) |  | 19656 |
| **SOUTH KOREA 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Korea Development Bank** <br>5.375% due 10/23/2026 | $2500 | 2538 |
| **Korea Housing Finance Corp.**  |  |  |
| 4.875% due 08/27/2027  | 2400 | 2435 |
| 5.375% due 11/15/2026  | 2700 | 2741 |
| Total South Korea (Cost $7,591) |  | 7714 |
| **SPAIN 6.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **CaixaBank SA** <br>6.208% due 01/18/2029 •  | $3500 | 3639 |
| **SOVEREIGN ISSUES 6.3%**  |  |  |
| **Autonomous Community of Catalonia** <br>4.220% due 04/26/2035 | 300 | 364 |
| **Spain Government International Bond**  |  |  |
| 0.000% due 01/31/2028 (d)  | 18300 | 20447 |
| 2.400% due 05/31/2028  | 12200 | 14470 |
| 2.500% due 05/31/2027  | 3400 | 4044 |
| 3.150% due 04/30/2035  | 6200 | 7293 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.550% due 10/31/2033  | 42800 | 52485 |
|  |  | 99103 |
| Total Spain (Cost $92,618) |  | 102742 |
| **SUPRANATIONAL 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Inter-American Development Bank** <br>2.500% due 04/14/2027 | 1800 | 1165 |
| Total Supranational (Cost $1,317) |  | 1165 |
| **SWITZERLAND 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **UBS Group AG**  |  |  |
| 3.091% due 05/14/2032 •  | $1100 | 999 |
| 4.194% due 04/01/2031 •  | 600 | 587 |
| 5.617% due 09/13/2030 •  | 900 | 935 |
| 6.246% due 09/22/2029 •  | 2600 | 2732 |
| 6.373% due 07/15/2026 •  | 1200 | 1201 |
| 6.537% due 08/12/2033 •  | 3350 | 3645 |
| Total Switzerland (Cost $9,440) |  | 10099 |
| **UNITED ARAB EMIRATES 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC**  |  |  |
| 4.500% due 05/06/2030  | $300 | 300 |
| 5.000% due 05/06/2035  | 900 | 899 |
|  |  | 1199 |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Emirate of Abu Dhabi Government International Bond** <br>5.500% due 04/30/2054 | 3300 | 3293 |
| Total United Arab Emirates (Cost $4,435) |  | 4492 |
| **UNITED KINGDOM 4.6%**  |  |  |
| **CORPORATE BONDS & NOTES 2.6%**  |  |  |
| **Barclays PLC**  |  |  |
| 5.851% due 03/21/2035 •  | 1600 | 2221 |
| 6.224% due 05/09/2034 •  | $1300 | 1380 |
| **HSBC Holdings PLC**  |  |  |
| 3.973% due 05/22/2030 •  | 1900 | 1851 |
| 4.041% due 03/13/2028 •  | 900 | 893 |
| 4.292% due 09/12/2026 •  | 2200 | 2198 |
| 5.966% (US0003M + 1.380%) due 09/12/2026 ~  | 2200 | 2206 |
| **Nationwide Building Society**  |  |  |
| 5.264% due 11/10/2026  | 3200 | 3249 |
| 6.557% due 10/18/2027 •  | 2800 | 2871 |
| **NatWest Group PLC** <br>5.076% due 01/27/2030 •  | 1700 | 1725 |
| **NatWest Markets PLC** <br>4.789% due 03/21/2028 | 4100 | 4147 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (d) | 2500 | 1779 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 4.858% due 09/11/2030 •  | 1600 | 1599 |
| 6.534% due 01/10/2029 •  | 2300 | 2401 |
| **Santander U.K. PLC** <br>4.496% due 12/12/2027 | 4800 | 4856 |
| **Standard Chartered PLC**  |  |  |
| 2.608% due 01/12/2028 •  | 900 | 874 |
| 2.678% due 06/29/2032 •  | 2100 | 1852 |
| 6.750% due 02/08/2028 •  | 4900 | 5060 |
|  |  | 41162 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.0%**  |  |  |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(g) | 284 | 334 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 1.0%**  |  |  |
| **Braccan Mortgage Funding PLC** <br>0.000% due 05/17/2067 •  | 700 | 965 |
| **Eurohome U.K. Mortgages PLC** <br>4.508% due 06/15/2044 •  | 145 | 199 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Eurosail** **-U.K. PLC** <br>5.308% due 06/13/2045 •  | 195 | 268 |
| **Newgate Funding PLC**  |  |  |
| 5.358% due 12/15/2050 •  | 267 | 359 |
| 5.608% due 12/15/2050 •  | 133 | 178 |
| **Resloc U.K. PLC** <br>4.518% due 12/15/2043 •  | 666 | 893 |
| **Stratton Mortgage Funding PLC**  |  |  |
| 5.139% due 06/28/2050 •  | 1154 | 1586 |
| 5.389% due 06/20/2060 •  | 5192 | 7143 |
| **Tower Bridge Funding PLC** <br>5.117% due 05/20/2066 •  | 2403 | 3305 |
|  |  | 14896 |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **United Kingdom Gilt**  |  |  |
| 1.250% due 07/31/2051  | 3300 | 1982 |
| 4.375% due 07/31/2054  | 8800 | 10470 |
| 5.375% due 01/31/2056  | 2600 | 3625 |
|  |  | 16077 |
| Total United Kingdom (Cost $71,776) |  | 72469 |
| **UNITED STATES 87.6%**  |  |  |
| **ASSET-BACKED SECURITIES 2.5%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.334% due 08/25/2035 •  | $1097 | 1083 |
| **Amortizing Residential Collateral Trust** <br>5.134% due 10/25/2031 •  | 1 | 1 |
| **AMRESCO Residential Securities Corp. Mortgage Loan Trust** <br>5.374% due 06/25/2029 •  | 6 | 6 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.194% due 02/25/2036 •  | 788 | 637 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.754% due 12/25/2036 •  | 369 | 202 |
| 4.794% due 01/25/2037 •  | 1547 | 1131 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.954% due 03/25/2036 •  | 669 | 611 |
| 5.424% due 07/25/2035 •  | 2238 | 2147 |
| **Countrywide Asset-Backed Certificates** <br>4.934% due 02/25/2036 •  | 123 | 122 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.694% due 12/25/2036 •  | 499 | 458 |
| 4.714% due 06/25/2037 •  | 364 | 347 |
| 4.714% due 06/25/2047 •  | 389 | 350 |
| 4.834% due 06/25/2037 •  | 1222 | 1221 |
| 5.174% due 08/25/2047 •  | 202 | 198 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.562% due 01/25/2032 •  | 1 | 1 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 4.549% due 07/25/2036 •  | 634 | 621 |
| 5.379% due 03/25/2035 •  | 324 | 342 |
| **FORT CRE Issuer LLC** <br>6.152% due 02/23/2039 •  | 24 | 24 |
| **GSAMP Trust**  |  |  |
| 3.610% due 11/25/2034 •  | 181 | 174 |
| 4.914% due 09/25/2036 •  | 3106 | 1072 |
| 4.934% due 05/25/2046 •  | 1411 | 1355 |
| 4.954% due 02/25/2046 •  | 42 | 39 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.914% due 06/25/2036 •  | 2880 | 1001 |
| 5.184% due 10/25/2035 •  | 663 | 633 |
| **MASTR Specialized Loan Trust** <br>5.174% due 01/25/2037 •  | 806 | 311 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 5.094% due 07/25/2036 •  | 3139 | 3001 |
| 5.154% due 05/25/2036 •  | 2 | 2 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.564% due 01/25/2037 •  | 1572 | 724 |
| 4.574% due 05/25/2037 •  | 1197 | 921 |
| 4.684% due 07/25/2036 •  | 126 | 114 |
| 4.914% due 06/25/2036 •  | 1211 | 605 |
| 5.364% due 02/25/2035 •  | 2866 | 2647 |
| 5.394% due 09/25/2034 •  | 904 | 948 |
| **Morgan Stanley Home Equity Loan Trust** <br>4.664% due 04/25/2037 •  | 1119 | 581 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.419% due 09/25/2046 þ | 1578 | 342 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust** <br>4.869% due 03/25/2036 •  | 253 | 253 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.694% due 03/25/2037 •  | 905 | 589 |
| 4.974% due 05/25/2036 •  | 2800 | 2716 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Renaissance** **Home Equity Loan Trust**  |  |  |
| 5.294% due 01/25/2037 þ  | 545 | 166 |
| 5.731% due 11/25/2036 þ  | 1934 | 642 |
| **Residential Asset Securities Corp. Trust** <br>4.684% due 11/25/2036 •  | 3869 | 3463 |
| **Saxon Asset Securities Trust** <br>4.744% due 09/25/2037 •  | 670 | 645 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.290% due 07/15/2053  | 459 | 432 |
| 5.526% due 07/15/2053 •  | 127 | 128 |
| 5.754% due 02/16/2055 •  | 1012 | 1021 |
| **Soundview Home Loan Trust**  |  |  |
| 4.934% due 11/25/2036 •  | 1475 | 1397 |
| 4.994% due 05/25/2036 •  | 313 | 306 |
| 5.384% due 10/25/2037 •  | 1098 | 847 |
| **Specialty Underwriting & Residential Finance Trust** <br>4.734% due 06/25/2037 •  | 317 | 186 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 4.779% due 07/25/2036 •  | 873 | 501 |
| 5.114% due 01/25/2033 •  | 311 | 309 |
| 5.334% due 09/25/2034 •  | 41 | 39 |
| **Structured Asset Securities Corp.** <br>4.685% due 02/25/2035 •  | 1945 | 2063 |
| **Terwin Mortgage Trust** <br>5.374% due 11/25/2033 •  | 24 | 21 |
|  |  | 39696 |
| **CORPORATE BONDS & NOTES 3.4%**  |  |  |
| **Bank of America Corp.**  |  |  |
| 5.468% due 01/23/2035 •  | 1500 | 1542 |
| 5.511% due 01/24/2036 •  | 1500 | 1543 |
| **Bayer U.S. Finance LLC** <br>4.250% due 12/15/2025 | 400 | 399 |
| **Boeing Co.** <br>6.298% due 05/01/2029 | 1000 | 1057 |
| **British Airways Pass-Through Trust** <br>3.350% due 12/15/2030 | 1209 | 1158 |
| **Citigroup, Inc.** <br>2.125% due 09/10/2026 | 5600 | 6579 |
| **Credit Suisse AG AT1 Claim**  | $1700 | 204 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 200 | 178 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 3.375% due 11/13/2025  | 1000 | 993 |
| 3.815% due 11/02/2027  | 400 | 386 |
| **GA Global Funding Trust** <br>2.250% due 01/06/2027 | 600 | 580 |
| **GLP Capital LP** <br>5.300% due 01/15/2029 | 700 | 708 |
| **Goldman Sachs Group, Inc.** <br>5.536% due 01/28/2036 •  | 1500 | 1539 |
| **JPMorgan Chase & Co.**  |  |  |
| 4.505% due 10/22/2028 •  | 3200 | 3210 |
| 5.040% due 01/23/2028 •  | 2900 | 2928 |
| 5.140% due 01/24/2031 •  | 3100 | 3180 |
| **Kraton Corp.** <br>5.000% due 07/15/2027 | 2300 | 2330 |
| **Morgan Stanley**  |  |  |
| 0.406% due 10/29/2027 •  | 4300 | 4938 |
| 3.955% due 03/21/2035 •  | 300 | 362 |
| 5.164% due 04/20/2029 •  | $2300 | 2345 |
| **ONEOK, Inc.** <br>4.250% due 09/24/2027 | 1900 | 1898 |
| **Organon & Co.** <br>2.875% due 04/30/2028 | 500 | 575 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | $100 | 95 |
| 4.000% due 12/01/2046  | 100 | 72 |
| 4.250% due 03/15/2046  | 100 | 75 |
| 4.300% due 03/15/2045  | 100 | 76 |
| 4.550% due 07/01/2030  | 500 | 488 |
| **PacifiCorp** <br>5.100% due 02/15/2029 | 1100 | 1122 |
| **Philip Morris International, Inc.**  |  |  |
| 4.875% due 02/13/2029  | 1000 | 1018 |
| 5.125% due 02/13/2031  | 1000 | 1030 |
| **Wells Fargo & Co.**  |  |  |
| 5.211% due 12/03/2035 •  | 3100 | 3113 |
| 5.244% due 01/24/2031 •  | 1200 | 1231 |
| 5.499% due 01/23/2035 •  | 1700 | 1744 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Wells** **Fargo Bank NA** <br>5.055% due 01/15/2026 ~ | 3800 | 3808 |
|  |  | 52504 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Charter Communications Operating LLC**<br>6.548% (TSFR3M + 2.250%) due 12/15/2031 ~ | 1189 | 1192 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(g) | 500 | 500 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | 600 | 609 |
|  |  | 2301 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **Municipal Electric Authority of Georgia Revenue Bonds, (BABs), Series 2010** <br>6.655% due 04/01/2057 | 369 | 394 |
| **Texas Natural Gas Securitization Finance Corp. Series 2023** <br>5.102% due 04/01/2035 | 441 | 452 |
|  |  | 846 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 3.9%**  |  |  |
| **American Home Mortgage Assets Trust** <br>4.624% due 05/25/2046 •  | 70 | 61 |
| **American Home Mortgage Investment Trust** <br>6.500% due 03/25/2047 | 836 | 542 |
| **Banc of America Mortgage Trust** <br>5.442% due 06/25/2035 ~ | 18 | 17 |
| **Bayview MSR Opportunity Master Fund Trust** <br>3.000% due 11/25/2051 ~ | 1636 | 1395 |
| **BCAP LLC Trust** <br>5.179% due 01/26/2047 •  | 6 | 6 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.000% due 05/25/2034 ~  | 1 | 1 |
| 4.203% due 09/25/2034 ~  | 13 | 12 |
| 4.250% due 05/25/2047 ~  | 47 | 43 |
| 5.032% due 08/25/2033 ~  | 1 | 1 |
| 6.159% due 10/25/2033 ~  | 1 | 1 |
| 6.339% due 11/25/2034 ~  | 1 | 1 |
| 6.896% due 05/25/2034 ~  | 2 | 2 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.192% due 08/25/2036 ~  | 81 | 37 |
| 4.754% due 02/25/2034 •  | 10 | 10 |
| 4.907% due 11/25/2035 ~  | 120 | 93 |
| 5.467% due 05/25/2035 ~  | 2 | 2 |
| **Bear Stearns Structured Products, Inc. Trust** <br>5.062% due 01/26/2036 ~ | 22 | 16 |
| **Chase Home Lending Mortgage Trust**  |  |  |
| 3.250% due 03/25/2063 ~  | 972 | 876 |
| 3.250% due 09/25/2063 ~  | 970 | 870 |
| **Chase Mortgage Finance Trust** <br>4.939% due 07/25/2037 ~ | 32 | 26 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.584% due 01/25/2036 •  | 379 | 361 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 2.500% due 05/25/2051 ~  | 1294 | 1057 |
| 4.719% due 08/25/2036 •  | 4953 | 2021 |
| 4.783% due 09/25/2037 ~  | 49 | 45 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.978% due 08/25/2035 ~ | 274 | 253 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.784% due 05/25/2037 •  | 77 | 24 |
| 4.819% due 02/25/2037 ~  | 14 | 12 |
| 4.852% due 07/20/2046 •  | 67 | 56 |
| 4.854% due 07/25/2046 •  | 660 | 591 |
| 4.918% due 11/25/2035 ~  | 56 | 52 |
| 4.994% due 02/25/2037 •  | 97 | 82 |
| 5.094% due 09/25/2035 •  | 315 | 236 |
| 5.250% due 06/25/2035  | 6 | 4 |
| 5.649% due 11/25/2047 •  | 272 | 242 |
| 5.899% due 11/25/2035 •  | 11 | 10 |
| 6.250% due 12/25/2036  | 2208 | 906 |
| 6.250% due 08/25/2037  | 17 | 8 |
| 6.439% due 11/25/2035 •  | 4 | 4 |
| 6.500% due 06/25/2036  | 38 | 17 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.834% due 04/25/2046 •  | 128 | 123 |
| 4.974% due 04/25/2046 •  | 3246 | 933 |
| 5.194% due 09/25/2034 •  | 6 | 5 |
| 6.000% due 07/25/2036  | 711 | 344 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.774% due 06/25/2035 •  | 23 | 22 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 2.500% due 07/25/2056 ~  | 281 | 230 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.079% due 04/25/2037  | 127 | 36 |
| **Cross Mortgage Trust** <br>5.549% due 12/25/2069 ~ | 2851 | 2866 |
| **Deutsche Alt-A Securities Mortgage Loan Trust** <br>4.714% due 07/25/2047 •  | 233 | 217 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | 1801 | 1803 |
| **GreenPoint Mortgage Funding Trust** <br>4.974% due 11/25/2045 •  | 3 | 3 |
| **GS Mortgage-Backed Securities Trust**  |  |  |
| 2.500% due 12/25/2051 ~  | 381 | 311 |
| 3.000% due 09/25/2052 ~  | 3567 | 3041 |
| **GSC Capital Corp. Mortgage Trust** <br>4.794% due 05/25/2036 •  | 685 | 656 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 01/25/2036 •  | 1289 | 1043 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.857% due 06/25/2034 ~  | 4 | 4 |
| 5.880% due 03/25/2033 •  | 1 | 1 |
| 6.922% due 01/25/2035 ~  | 4 | 3 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 5.112% due 06/20/2035 •  | 9 | 9 |
| 5.249% due 12/19/2036 •  | 39 | 35 |
| **Impac CMB Trust** <br>5.154% due 10/25/2034 •  | 62 | 61 |
| **IndyMac INDX Mortgage Loan Trust** <br>4.089% due 09/25/2035 ~ | 29 | 24 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 3250 | 2770 |
| 3.000% due 03/25/2052 ~  | 3208 | 2742 |
| 3.000% due 04/25/2052 ~  | 3144 | 2684 |
| 3.000% due 05/25/2052 ~  | 4141 | 3541 |
| 5.952% due 11/25/2033 ~  | 1 | 1 |
| 5.996% due 10/25/2035 ~  | 3 | 3 |
| 6.000% due 06/25/2037  | 1394 | 493 |
| **JP Morgan Seasoned Mortgage Trust** <br>4.446% due 01/25/2063 ~ | 2860 | 2744 |
| **Lehman XS Trust** <br>4.844% due 08/25/2046 •  | 1005 | 902 |
| **Luminent Mortgage Trust** <br>4.814% due 05/25/2046 •  | 935 | 816 |
| **Manhattan West Mortgage Trust** <br>2.130% due 09/10/2039 | 2000 | 1892 |
| **MASTR Alternative Loan Trust**  |  |  |
| 4.834% due 03/25/2036 •  | 44 | 4 |
| 6.000% due 02/25/2036  | 502 | 216 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 5.742% due 02/25/2036 ~  | 31 | 31 |
| 6.247% due 02/25/2033 ~  | 2 | 2 |
| 7.000% due 05/25/2033 ~  | 4 | 4 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.201% due 02/25/2047 | 143 | 49 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 995 | 956 |
| 2.750% due 11/25/2059 ~  | 800 | 767 |
| **NYO Commercial Mortgage Trust** <br>5.521% due 11/15/2038 •  | 2300 | 2297 |
| **OBX Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 472 | 402 |
| 5.084% due 06/25/2057 •  | 193 | 190 |
| 6.465% due 10/25/2063 þ  | 1422 | 1435 |
| 7.159% due 10/25/2063 þ  | 1695 | 1724 |
| **PMT Loan Trust** <br>2.500% due 07/25/2051 ~ | 1680 | 1375 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.794% due 06/25/2046 •  | 272 | 59 |
| 5.397% due 10/25/2037 ~  | 260 | 209 |
| 5.899% due 08/25/2035 •  | 103 | 82 |
| 6.250% due 02/25/2037  | 1056 | 876 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 01/25/2046 •  | 46 | 13 |
| 5.750% due 02/25/2036  | 718 | 491 |
| **Sequoia Mortgage Trust**  |  |  |
| 4.832% due 07/20/2036 •  | 46 | 40 |
| 5.132% due 07/20/2033 •  | 8 | 8 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.728% due 08/25/2035 ~  | 46 | 40 |
| 5.030% due 09/25/2035 ~  | 40 | 35 |
| 6.525% due 02/25/2034 ~  | 1 | 1 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.554% due 08/25/2036 •  | 586 | 516 |
| 4.854% due 05/25/2036 •  | 24 | 16 |
| 4.874% due 05/25/2036 •  | 66 | 54 |
| 4.874% due 09/25/2047 •  | 106 | 94 |
| 5.012% due 07/19/2034 •  | 2 | 1 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Structured** **Asset Securities Corp.** <br>4.714% due 01/25/2036 •  | 980 | 816 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>4.724% due 10/25/2036 •  | 509 | 426 |
| **TBW Mortgage-Backed Trust** <br>6.130% due 01/25/2037 | 144 | 32 |
| **Thornburg Mortgage Securities Trust**  |  |  |
| 5.684% due 06/25/2037 •  | 39 | 36 |
| 5.949% due 06/25/2037 •  | 95 | 81 |
| 5.999% due 06/25/2047 •  | 22 | 20 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 868 | 790 |
| 2.710% due 01/25/2060 ~  | 592 | 569 |
| 2.900% due 10/25/2059 ~  | 3109 | 2987 |
| **Verus Securitization Trust** <br>7.070% due 10/25/2068 þ | 1181 | 1199 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.182% due 02/27/2034 •  | 4 | 4 |
| 4.351% due 12/25/2036 ~  | 259 | 237 |
| 4.434% due 09/25/2036 ~  | 106 | 91 |
| 4.688% due 12/25/2035 ~  | 87 | 81 |
| 5.014% due 07/25/2045 •  | 257 | 254 |
| 5.054% due 01/25/2045 •  | 5 | 5 |
| 5.154% due 10/25/2045 •  | 315 | 313 |
| 5.782% due 06/25/2033 ~  | 1 | 1 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 5.339% due 07/25/2046 •  | 28 | 17 |
| 6.500% due 03/25/2036  | 1273 | 871 |
| **Wells Fargo Alternative Loan Trust**  |  |  |
| 5.750% due 07/25/2037  | 39 | 34 |
| 6.000% due 06/25/2037  | 67 | 61 |
|  |  | 61263 |
| **U.S. GOVERNMENT AGENCIES 67.5%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.000% due 03/01/2060 | 582 | 502 |
| 3.500% due 01/01/2059 | 1503 | 1345 |
| 4.820% due 06/25/2036 •  | 10 | 10 |
| 5.402% due 07/25/2055 •  | 2400 | 2401 |
| 6.000% due 04/25/2043 - 07/25/2044 | 42 | 42 |
| 6.009% due 12/01/2034 •  | 5 | 5 |
| 6.500% due 11/25/2042 | 49 | 51 |
| 7.037% due 11/01/2034 •  | 9 | 9 |
| **Freddie Mac**  |  |  |
| 2.053% due 01/15/2038 ~(a) | 141 | 7 |
| 4.814% due 01/15/2038 •  | 141 | 139 |
| 5.018% due 12/15/2037 •  | 4 | 4 |
| 5.245% due 11/25/2054 •  | 6701 | 6687 |
| 5.255% due 03/25/2055 •  | 3260 | 3234 |
| 5.305% due 02/25/2055 •  | 2908 | 2912 |
| 5.404% due 07/25/2055 •  | 3100 | 3101 |
| 5.599% due 10/25/2044 •  | 30 | 27 |
| 5.705% due 03/25/2055 •  | 4883 | 4906 |
| **Ginnie Mae**  |  |  |
| 3.000% due 07/20/2046 - 04/20/2052 | 4242 | 3758 |
| 3.500% due 05/20/2052 - 05/20/2055 | 34124 | 31096 |
| 4.750% due 11/20/2026 - 12/20/2026 •  | 1 | 0 |
| 4.875% due 05/20/2028 - 06/20/2030 •  | 2 | 2 |
| 5.000% due 04/20/2030 - 05/20/2030 •  | 3 | 3 |
| 5.296% due 07/20/2066 - 11/20/2066 •  | 1257 | 1263 |
| 5.625% due 01/20/2030 •  | 1 | 1 |
| 6.000% due 08/20/2034 | 125 | 127 |
| **Ginnie Mae, TBA**  |  |  |
| 2.500% due 08/01/2055 | 5100 | 4334 |
| 3.000% due 08/01/2055 | 44100 | 39004 |
| 3.500% due 07/01/2055 | 48300 | 43918 |
| 6.500% due 07/01/2055 - 08/01/2055 | 58300 | 59753 |
| **U.S. Small Business Administration**<br>5.600% due 09/01/2028 | 24 | 24 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 02/01/2051 | 537 | 446 |
| 3.000% due 10/01/2049 - 05/01/2051 | 1692 | 1469 |
| 3.500% due 10/01/2034 - 07/01/2050 | 1683 | 1553 |
| 4.000% due 06/01/2048 - 07/01/2053 | 4912 | 4581 |
| 5.500% due 06/01/2053 - 08/01/2053 | 10885 | 10903 |
| 6.000% due 12/01/2053 - 08/01/2054 | 16228 | 16513 |
| 6.500% due 09/01/2053 - 04/01/2055 | 257711 | 266400 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 32200 | 27868 |
| 5.000% due 07/01/2055 - 08/01/2055 | 247300 | 242255 |
| 6.000% due 08/01/2055 | 140000 | 142142 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.500% due 07/01/2055 - 08/01/2055 | 128200 | 132282 |
|  |  | 1055077 |
| **U.S. TREASURY OBLIGATIONS 10.0%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.375% due 11/15/2040 (l) | 500 | 319 |
| 2.000% due 08/15/2051 (l) | 200 | 115 |
| 2.250% due 08/15/2049 (j) | 4425 | 2777 |
| 2.375% due 11/15/2049 (j) | 1575 | 1014 |
| 3.000% due 02/15/2048 (j)(l) | 3800 | 2825 |
| 3.000% due 08/15/2048 (j)(l) | 1325 | 980 |
| 3.375% due 11/15/2048 (j)(l) | 14500 | 11475 |
| 4.125% due 08/15/2044 (j)(l) | 39575 | 36268 |
| 4.500% due 11/15/2054 (l) | 42500 | 40514 |
| 4.625% due 02/15/2055 (j)(l) | 24300 | 23662 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 10/15/2025 (l) | 371 | 370 |
| 0.125% due 07/15/2031 (j)(l) | 3830 | 3526 |
| 0.125% due 01/15/2032 (j) | 1967 | 1784 |
| 0.375% due 07/15/2027 (j)(l) | 4852 | 4787 |
| 0.500% due 01/15/2028 (j) | 5332 | 5233 |
| 0.625% due 07/15/2032 (l) | 552 | 515 |
| 1.125% due 01/15/2033 (j) | 7969 | 7618 |
| 2.500% due 01/15/2029 (j) | 3586 | 3731 |
| 3.875% due 04/15/2029 (j)(l) | 2927 | 3196 |
| **U.S. Treasury Notes**  |  |  |
| 3.500% due 02/15/2033 (l) | 800 | 771 |
| 4.000% due 02/15/2034 (j)(l) | 4300 | 4257 |
| 4.250% due 05/15/2035 (h) | 700 | 701 |
|  |  | 156438 |
| Total United States (Cost $1,376,161) |  | 1368125 |
| **SHORT-TERM INSTRUMENTS 2.3%**  |  |  |
| **COMMERCIAL PAPER 0.7%**  |  |  |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.630% due 07/07/2025  | $700 | 699 |
| 4.630% due 07/09/2025  | 250 | 250 |
| 4.640% due 07/29/2025  | 250 | 249 |
| 4.640% due 07/30/2025  | 800 | 797 |
| **Amrize Finance U.S. LLC**  |  |  |
| 4.670% due 07/15/2025  | 250 | 250 |
| 4.670% due 07/16/2025  | 1600 | 1597 |
| **Canadian Natural Resources Ltd.** <br>4.900% due 08/06/2025 (b) | 1150 | 1144 |
| **CBRE Services, Inc.**  |  |  |
| 4.690% due 07/10/2025  | 550 | 549 |
| 4.710% due 07/10/2025  | 750 | 749 |
| **CVS Health Corp.**  |  |  |
| 4.920% due 07/14/2025  | 1000 | 998 |
| 4.920% due 07/15/2025  | 250 | 250 |
| **Dominion Energy, Inc.**  |  |  |
| 4.600% due 07/18/2025  | 250 | 249 |
| 4.600% due 08/01/2025  | 400 | 398 |
| **Enbridge U.S., Inc.** <br>4.600% due 07/21/2025 | 250 | 249 |
| **HCA, Inc.**  |  |  |
| 4.950% due 08/14/2025  | 250 | 248 |
| 4.950% due 08/15/2025  | 550 | 547 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.650% due 07/09/2025  | 250 | 250 |
| 4.720% due 07/14/2025  | 250 | 250 |
| 4.720% due 07/16/2025  | 250 | 250 |
| **Mondelez International, Inc.** <br>4.570% due 08/11/2025 | 550 | 547 |
| **NextEra Energy Capital Holdings, Inc.** <br>4.610% due 08/25/2025 (b) | 250 | 248 |
|  |  | 10768 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (f) | 5262916 | 5263 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 0.5%**  |  |  |
| 31.469% due 11/04/2025 - 06/29/2026 (c)(d) | 15317182 | 8110 |
| **U.S. TREASURY BILLS 0.8%**  |  |  |
| 4.319% due 07/03/2025 - 10/21/2025 (c)(d)(j)(l) | $12387 | 12275 |
| Total Short-Term Instruments (Cost $35,996) |  | 36416 |
| Total Investments in Securities (Cost $2,186,635) |  | 2212142 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 2.1%**  |  |  |
| **SHORT-TERM INSTRUMENTS 2.1%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 2.1%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 3373500 | 32848 |
| Total Short-Term Instruments (Cost $32,842) |  | 32848 |
| Total Investments in Affiliates (Cost $32,842) |  | 32848 |
| Total Investments 143.7% (Cost $2,219,477) |  | $2244990 |
| **Financial Derivative Instruments (i)(k) (1.3)**%(Cost or Premiums, net $34,407) |  | (20726) |
| Other Assets and Liabilities, net (42.4)% |  | (661839) |
| Net Assets 100.0% |  | $1562425 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(g)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Coupon | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Market<br>Value | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Pantheon Senior Debt Secondaries | Pantheon Senior Debt Secondaries | 6.317 | 03/18/2025 | 03/18/2025 | 03/18/2025 | 500 | 500 | 500 | 500 | 0.03 |
| Project Alpha Investindustrial | Project Alpha Investindustrial | 4.256 | 02/28/2025 | 02/28/2025 | 02/28/2025 | 294 | 334 | 334 | 334 | 0.02 |
|  |  |  |  |  |  | 794 | 834 | 834 | 834 | 0.05 |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BRC | BRC | 1.500%  | 06/11/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (296) | (296) | (348) | (348) | (348) |
| DEU | DEU | 4.440  | 06/24/2025 | 07/01/2025 | 07/01/2025 | (698) | (698) | (699) | (699) | (699) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  | **(1047)** | **(1047)** | **(1047)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% | United States (13.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.6)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 07/01/2040 | 1700 | $(1551) | (1551) | $ | $(1554) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2040 | 15000 | (13657) | (13657) |  | (13715) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 07/01/2055 | 73500 | (57534) | (57534) |  | (58201) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2055 | 50000 | (39338) | (39338) |  | (39608) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 08/01/2055 | 3200 | (2634) | (2634) |  | (2654) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 08/01/2055 | 7400 | (6620) | (6620) |  | (6661) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 08/01/2055 | 3950 | (3635) | (3635) |  | (3673) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.500 | 08/01/2055 | 1700 | (1623) | (1623) |  | (1626) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.500 | 08/01/2055 | 11000 | (10926) | (10926) |  | (10990) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 6.500 | 07/01/2055 | 71600 | (73592) | (73592) |  | (73914) |
| **Total Short Sales (13.6)%** | **Total Short Sales (13.6)%** | **Total Short Sales (13.6)%** | **Total Short Sales (13.6)%** |  |  |  | $**(211110)** | **(211110)** | **$** | $**(212596)** |
| **(h)** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,046 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(1212) at a weighted average interest rate of 3.905%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 07/25/2025 | 39 | 39 | EUR 39 | EUR 39 | (18) | (18) | $ | (16) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 07/25/2025 | 39 | 39 | 39 | 39 | (20) | (20) |  | (6) |
|  |  |  |  |  |  |  |  |  |  | $ | (38) | (38) | $ | (22) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 48 | $48 | 48 | (16) | (16) | $ | (3) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 48 | 48 | 48 | (16) | (16) |  | (26) |
|  |  |  |  |  |  |  |  |  |  | $ | (32) | (32) | $ | (29) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(70)** | **(70)** | **$** | **(51)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 87 | 87 | $ | 6169 |  | $20 | 20 | 20 | 0 | 0 | 0 | (5) |
| Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 666 | 666 |  | 94926 |  | 305 | 305 | 305 | 149 | 149 | 149 | (181) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 43 | 43 |  | 8945 |  | 40 | 40 | 40 | 3 | 3 | 3 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 1373 | 1373 |  | 149657 |  | 1652 | 1652 | 1652 | 183 | 183 | 183 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 641 | 641 |  | 71872 |  | 1293 | 1293 | 1293 | 200 | 200 | 200 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 779 | 779 |  | 89013 |  | 1802 | 1802 | 1802 | 377 | 377 | 377 | 0 |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 15 | 15 |  | 1732 |  | 44 | 44 | 44 | 15 | 15 | 15 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 2 | 2 |  | 255 |  | 4 | 4 | 4 | 0 | 0 | 0 | (1) |
|  |  |  |  |  |  |  |  | 5160 | 5160 | $ | 927 | 927 | 927 | (187) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 1180 | 1180 | $ | (89015) |  | $(809) | (809) | (809) | 411 | 411 | 411 | 0 |
| Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | 09/2025 | 381 | 381 |  | (31926) |  | (205) | (205) | (205) | 0 | 0 | 0 | (33) |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 09/2025 | 327 | 327 |  | (29296) |  | (289) | (289) | (289) | 0 | 0 | 0 | (65) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 528 | 528 |  | (73192) |  | 275 | 275 | 275 | 155 | 155 | 155 | (50) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 812 | 812 |  | (124488) |  | 884 | 884 | 884 | 354 | 354 | 354 | (29) |
| Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | 09/2025 | 12 | 12 |  | (1678) |  | 32 | 32 | 32 | 5 | 5 | 5 | 0 |
| Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 967 | 967 |  | (141063) |  | 492 | 492 | 492 | 308 | 308 | 308 | (68) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 353 | 353 |  | (44596) |  | 68 | 68 | 68 | 39 | 39 | 39 | (12) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 340 | 340 |  | (328230) |  | (995) | (995) | (995) | 449 | 449 | 449 | 0 |
| Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | 09/2025 | 678 | 678 |  | (86210) |  | 134 | 134 | 134 | 112 | 112 | 112 | (72) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 185 | 185 |  | (22038) |  | (780) | (780) | (780) | 0 | 0 | 0 | (249) |
|  |  |  |  |  |  |  |  | (1193) | (1193) | $ | 1833 | 1833 | 1833 | (578) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** |  | **3967** | **3967** | **$** | **2760** | **2760** | **2760** | **(765)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| Ford Motor Credit Co. LLC  | 12/20/2025 | 0.506 | $200 | 200 | 200 | 8 | $ | (3) | (3) | 5 | 5 | 0 | 0 | 0 |
| Ford Motor Credit Co. LLC  | 06/20/2026 | 0.799 | 300 | 300 | 300 | 13 |  | (1) | (1) | 12 | 12 | 0 | 0 | 0 |
|  |  |  |  |  |  | 21 | $ | (4) | (4) | 17 | 17 | $0 | 0 | $0 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT** **DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset |  | Liability |
| CDX.IG-43 10-Year Index  | CDX.IG-43 10-Year Index  | (1.000)% | (1.000)% | Quarterly | Quarterly | 12/20/2034 | 12/20/2034 | $19400 | 19400 | (154) | (45) | (199) | (199) | 0 | $ | (18) |
| CDX.IG-44 10-Year Index  | CDX.IG-44 10-Year Index  | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 | 100400 | 100400 | (203) | (562) | (765) | (765) | 0 |  | (85) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 32360 | 32360 | (708) | (116) | (824) | (824) | 0 |  | (32) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 | 24700 | 24700 | (58) | (83) | (141) | (141) | 0 |  | (35) |
|  |  |  |  |  |  |  |  |  |  | (1123) | (806) | (1929) | (1929) | 0 | $ | (170) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset |  | Liability |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000% | 1.000% | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | $135000 | 135000 | 2846 | 235 | 3081 | 3081 | 67 | $ | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 1205400 | 1205400 | 21421 | 5644 | 27065 | 27065 | 667 |  | 0 |
|  |  |  |  |  |  |  |  |  |  | 24267 | 5879 | 30146 | 30146 | 734 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750% | 3.750% | Annual | Annual | 03/19/2027 | GBP | 9800 | $31 | $(27) | $4 | 4 | $2 | 2 | $0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.000 | 3.000 | Annual | Annual | 06/17/2027 |  | 79800 | (585) | (750) | (1335) | (1335) | 0 | 0 | (18) |
| Pay<sup>(7)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 4.000 | 4.000 | Annual | Annual | 03/17/2028 |  | 156200 | 488 | 1575 | 2063 | 2063 | 0 | 0 | (8) |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | Annual | Annual | 03/19/2030 |  | 42400 | (1352) | 825 | (527) | (527) | 0 | 0 | (50) |
| Pay<sup>(7)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 03/18/2031 |  | 83700 | 345 | 46 | 391 | 391 | 58 | 58 | (12) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | Annual | Annual | 03/19/2035 |  | 1800 | 118 | (17) | 101 | 101 | 1 | 1 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 03/19/2055 |  | 2100 | 251 | 90 | 341 | 341 | 7 | 7 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.750 | 0.750 | Annual | Annual | 03/19/2030 | JPY | 830000 | (42) | 7 | (35) | (35) | 0 | 0 | (6) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 06/18/2030 |  | 930000 | 65 | (36) | 29 | 29 | 0 | 0 | (7) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 03/19/2032 |  | 8080000 | (160) | 219 | 59 | 59 | 0 | 0 | (90) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 09/18/2034 |  | 5322900 | (127) | (234) | (361) | (361) | 0 | 0 | (79) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 12/18/2034 |  | 200000 | 7 | (26) | (19) | (19) | 0 | 0 | (3) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 03/19/2035 |  | 5820000 | (613) | (86) | (699) | (699) | 0 | 0 | (100) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.400 | 0.400 | Semi-Annual | Semi-Annual | 06/19/2039 |  | 1830000 | 33 | 1883 | 1916 | 1916 | 43 | 43 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 06/19/2044 |  | 3660000 | (1732) | (1852) | (3584) | (3584) | 0 | 0 | (137) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.450 | 0.450 | Annual | Annual | 12/15/2051 |  | 90000 | 74 | 147 | 221 | 221 | 4 | 4 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.800 | 0.800 | Annual | Annual | 06/15/2052 |  | 145700 | 55 | 235 | 290 | 290 | 7 | 7 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.500 | 1.500 | Annual | Annual | 09/18/2054 |  | 340000 | 20 | 328 | 348 | 348 | 18 | 18 | 0 |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 2.750 | 2.750 | Semi-Annual | Semi-Annual | 09/18/2029 | SGD | 41820 | 205 | (1757) | (1552) | (1552) | 0 | 0 | (46) |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive<sup>(7)</sup> | 1-Day SGD-SIBCSORA Compounded-OIS | 2.500 | Semi-Annual | 09/17/2030 | 6200 | (83) | (101) | (184) | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2030 | $5400 | 93 | (49) | 44 | 0 | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | 21202 | 160 | (144) | 16 | 1 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.020 | Annual | 05/15/2026 | 10300 | 0 | (2) | (2) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 06/20/2026 | 44600 | 604 | (648) | (44) | 0 | (4) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 08/15/2026 | 12200 | 0 | (23) | (23) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.965 | Annual | 11/30/2026 | 28500 | 0 | 522 | 522 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2026 | 29400 | 203 | (142) | 61 | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2027 | 211950 | 4336 | (1530) | 2806 | 0 | (64) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.981 | Annual | 11/30/2027 | 16200 | 0 | 161 | 161 | 9 | 0 |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 11/30/2029 | 33400 | 10 | (360) | (350) | 0 | (49) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2030 | 100000 | 4727 | (2545) | 2182 | 0 | (152) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2032 | 10940 | (1412) | 203 | (1209) | 25 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.100 | Annual | 11/15/2032 | 58000 | (307) | (1876) | (2183) | 156 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.240 | Annual | 09/16/2034 | 1800 | (8) | 84 | 76 | 0 | (6) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 | 13460 | 7 | (277) | (270) | 0 | (52) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 03/05/2035 | 1750 | (6) | (20) | (26) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | 03/05/2035 | 3650 | (13) | (42) | (55) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 | 1800 | (5) | (27) | (32) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 | 116700 | 8045 | (3630) | 4415 | 0 | (436) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 | 3800 | (11) | (64) | (75) | 0 | (15) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 | 28700 | 1179 | (126) | 1053 | 0 | (110) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 02/20/2049 | 200 | 1 | 8 | 9 | 0 | (1) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 18900 | (151) | (379) | (530) | 0 | (150) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 12/20/2053 | 13170 | 1704 | (93) | 1611 | 0 | (95) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 | 1900 | 115 | 24 | 139 | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.931 | Annual | 11/15/2054 | 8600 | 0 | (6) | (6) | 0 | (70) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.955 | Annual | 11/15/2054 | 1900 | 0 | (9) | (9) | 0 | (16) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.959 | Annual | 11/15/2054 | 5600 | 0 | (32) | (32) | 0 | (46) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.998 | Annual | 11/15/2054 | 5200 | 0 | (66) | (66) | 0 | (43) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.017 | Annual | 11/15/2054 | 6400 | 0 | (102) | (102) | 0 | (53) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.111 | Annual | 11/15/2054 | 8030 | 0 | (264) | (264) | 0 | (67) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.117 | Annual | 11/15/2054 | 3400 | 0 | (115) | (115) | 0 | (28) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.130 | Annual | 11/15/2054 | 5270 | 0 | (191) | (191) | 0 | (44) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.765 | Annual | 02/15/2055 | 9900 | 0 | 279 | 279 | 0 | (79) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.804 | Annual | 02/15/2055 | 2400 | 0 | 51 | 51 | 0 | (19) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.806 | Annual | 02/15/2055 | 2400 | 0 | 50 | 50 | 0 | (19) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.861 | Annual | 02/15/2055 | 2900 | 0 | 32 | 32 | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.773 | Annual | 03/04/2055 | 5000 | 0 | 134 | 134 | 0 | (40) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 | 1450 | 155 | 19 | 174 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 06/25/2055 | 2119 | 8 | (15) | (7) | 0 | (18) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.065 | Annual | 06/26/2055 | 1419 | (25) | (14) | (39) | 0 | (12) |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.960 | Annual | 06/27/2055 |  | 2657 |  | (1) |  | (22) |  | (23) |  | 0 |  | (22) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.005 | Annual | 09/29/2055 |  | 914 |  | (10) |  | (7) |  | (17) |  | 0 |  | (8) |
| Pay | Pay | 3-Month AUD-BBR-BBSW | 3.750 | Semi-Annual | 03/19/2030 | AUD | 276500 |  | (514) |  | 1553 |  | 1039 |  | 0 |  | (82) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 3-Month AUD-BBR-BBSW | 3.500 | Semi-Annual | 03/18/2031 |  | 12400 |  | (65) |  | (3) |  | (68) |  | 0 |  | (9) |
| Pay | Pay | 3-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/19/2035 |  | 9100 |  | (4) |  | 98 |  | 94 |  | 0 |  | (14) |
| Pay | Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 |  | 3800 |  | 22 |  | 68 |  | 90 |  | 0 |  | (7) |
| Pay | Pay | 3-Month EUR-EURIBOR | 2.780 | Annual | 05/02/2029 | EUR | 5700 |  | (8) |  | 166 |  | 158 |  | 0 |  | (6) |
| Pay | Pay | 3-Month EUR-EURIBOR | 2.950 | Annual | 06/12/2029 |  | 1500 |  | (3) |  | 56 |  | 53 |  | 0 |  | (2) |
| Pay | Pay | 3-Month EUR-EURIBOR | 0.451 | Annual | 05/27/2050 |  | 1100 |  | (78) |  | (471) |  | (549) |  | 0 |  | (4) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2035 | KRW | 472000 |  | (3) |  | (1) |  | (4) |  | 0 |  | 0 |
| Pay | Pay | 3-Month NZD-BBR | 4.750 | Semi-Annual | 06/19/2029 | NZD | 8600 |  | 68 |  | 189 |  | 257 |  | 0 |  | (6) |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 1.750 | Semi-Annual | 03/16/2027 | AUD | 7400 |  | (322) |  | 152 |  | (170) |  | 4 |  | 0 |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 1.750 | Semi-Annual | 06/16/2031 |  | 13400 |  | 161 |  | (1100) |  | (939) |  | 0 |  | (9) |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/15/2033 |  | 5200 |  | 91 |  | (8) |  | 83 |  | 0 |  | (5) |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 4.000 | Semi-Annual | 06/21/2033 |  | 25300 |  | (519) |  | 620 |  | 101 |  | 0 |  | (32) |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/19/2035 |  | 28100 |  | 99 |  | 583 |  | 682 |  | 0 |  | (45) |
| Pay | Pay | 6-Month EUR-EURIBOR | 3.000 | Annual | 03/19/2027 | EUR | 38050 |  | 248 |  | 558 |  | 806 |  | 0 |  | (5) |
| Pay | Pay | 6-Month EUR-EURIBOR | 0.700 | Annual | 04/11/2027 |  | 1300 |  | (6) |  | (34) |  | (40) |  | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 04/12/2027 |  | 2300 |  | (12) |  | (61) |  | (73) |  | 0 |  | (1) |
| Pay | Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 05/11/2027 |  | 1600 |  | (12) |  | (38) |  | (50) |  | 0 |  | (1) |
| Pay | Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/13/2027 |  | 2800 |  | (10) |  | (55) |  | (65) |  | 0 |  | (1) |
| Pay | Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/18/2027 |  | 1300 |  | (5) |  | (25) |  | (30) |  | 0 |  | (1) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.000 | Annual | 09/17/2027 |  | 177800 |  | (1244) |  | 1281 |  | 37 |  | 0 |  | (60) |
| Pay | Pay | 6-Month EUR-EURIBOR | 1.795 | Annual | 10/11/2029 |  | 8300 |  | 0 |  | (93) |  | (93) |  | 0 |  | (12) |
| Pay | Pay | 6-Month EUR-EURIBOR | 1.923 | Annual | 10/11/2029 |  | 19700 |  | 0 |  | (90) |  | (90) |  | 0 |  | (29) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.028 | Annual | 10/11/2029 |  | 31900 |  | (5) |  | (46) |  | (51) |  | 0 |  | (46) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.343 | Annual | 01/10/2030 |  | 36400 |  | 34 |  | 112 |  | 146 |  | 0 |  | (48) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 2600 |  | (37) |  | 32 |  | (5) |  | 0 |  | (3) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.550 | Annual | 06/28/2032 |  | 30250 |  | (823) |  | 753 |  | (70) |  | 0 |  | (36) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 91330 |  | (2983) |  | (512) |  | (3495) |  | 0 |  | (185) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/21/2037 |  | 7000 |  | 333 |  | (640) |  | (307) |  | 0 |  | (17) |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.064 | Annual | 11/17/2052 |  | 300 |  | 0 |  | 186 |  | 186 |  | 1 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.270 | Annual | 03/12/2055 |  | 10900 |  | 1 |  | 488 |  | 489 |  | 12 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.278 | Annual | 03/12/2055 |  | 33200 |  | 0 |  | 1465 |  | 1465 |  | 38 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.282 | Annual | 03/12/2055 |  | 3300 |  | 0 |  | 144 |  | 144 |  | 4 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 23960 |  | 1925 |  | 1009 |  | 2934 |  | 91 |  | 0 |
| Pay | Pay | 6-Month PLN-WIBOR | 2.585 | Annual | 10/14/2029 | PLN | 8600 |  | 0 |  | (132) |  | (132) |  | 0 |  | (2) |
| Pay | Pay | CAONREPO | 3.500 | Annual | 12/18/2025 | CAD | 99100 |  | (201) |  | 695 |  | 494 |  | 0 |  | (5) |
| Pay | Pay | CAONREPO | 3.898 | Annual | 06/19/2026 |  | 8400 |  | (1) |  | 85 |  | 84 |  | 0 |  | (1) |
| Pay | Pay | CAONREPO | 3.925 | Annual | 06/19/2026 |  | 43600 |  | (2) |  | 444 |  | 442 |  | 0 |  | (3) |
| Pay | Pay | CAONREPO | 3.500 | Semi-Annual | 12/18/2026 |  | 9300 |  | 73 |  | 31 |  | 104 |  | 0 |  | 0 |
| Pay | Pay | CAONREPO | 3.250 | Semi-Annual | 06/21/2028 |  | 25200 |  | (120) |  | 518 |  | 398 |  | 10 |  | 0 |
| Pay | Pay | CAONREPO | 1.250 | Semi-Annual | 06/16/2031 |  | 6700 |  | (698) |  | 308 |  | (390) |  | 7 |  | 0 |
| Pay | Pay | CAONREPO | 3.500 | Semi-Annual | 06/19/2034 |  | 2400 |  | 75 |  | 9 |  | 84 |  | 5 |  | 0 |
| Receive | Receive | CAONREPO | 3.250 | Semi-Annual | 06/21/2053 |  | 6800 |  | 72 |  | (112) |  | (40) |  | 0 |  | (40) |
|  |  |  |  |  |  |  |  | $11923 | 11923 | $(2602) | (2602) | $9321 | 9321 | $503 | 503 | $(3099) | (3099) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**35088** | **35088** | $**2467** | **2467** | $**37555** | **37555** | $**1237** | **1237** | $**(3269)** | **(3269)** |
| **(j)** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $59,034 and cash of $14,494 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>1)</sup> | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. | Future styled option variation margin asset of $5 and liability of $(3) is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(7)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 18 | $13 | 13 | $0 | $0 |
|  |  | 07/2025  | 48670 | 6755 | 6755 | 0 | (51) |
|  |  | 07/2025  | 1577 | 1792 | 1792 | 0 | (66) |
|  |  | 07/2025  | $51375 | 79088 | 79088 | 676 | 0 |
|  |  | 07/2025  | 11 | 9 | 9 | 0 | 0 |
|  |  | 07/2025  | 1469 | 2442 | 2442 | 19 | 0 |
|  |  | 08/2025  | 79088 | $51405 | 51405 | 0 | (679) |
|  |  | 08/2025  | 9 | 11 | 11 | 0 | 0 |
|  |  | 08/2025  | 88116 | 12273 | 12273 | 0 | (83) |
|  |  | 08/2025  | 2442 | 1471 | 1471 | 0 | (19) |
|  |  | 08/2025  | $13 | 18 | 18 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 1726 | $1124 | 1124 | 0 | (12) |
|  |  | 07/2025  | 5187 | 951 | 951 | 0 | (4) |
|  |  | 07/2025  | 216248 | 245884 | 245884 | 0 | (8845) |
|  |  | 07/2025  | $938 | 5187 | 5187 | 17 | 0 |
|  |  | 07/2025  | 2425 | 39643786 | 39643786 | 20 | 0 |
|  |  | 07/2025  | 4678 | 16958 | 16958 | 109 | 0 |
|  |  | 07/2025  | 1328 | 1700 | 1700 | 9 | 0 |
|  |  | 08/2025  | 8713 | $1218 | 1218 | 0 | (4) |
|  |  | 08/2025  | 336605 | 833 | 833 | 0 | (5) |
|  |  | 08/2025  | 1696 | $1328 | 1328 | 0 | (10) |
|  |  | 08/2025  | 622 | 19 | 19 | 0 | (3) |
|  |  | 08/2025  | $669 | 228658 | 228658 | 3 | 0 |
|  |  | 08/2025  | 932 | 80275 | 80275 | 3 | 0 |
|  |  | 08/2025  | 2505 | 47514 | 47514 | 15 | 0 |
|  |  | 12/2025  | 17021 | $4678 | 4678 | 0 | (105) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 51478 | 9433 | 9433 | 0 | (42) |
|  |  | 07/2025  | 1450 | 1058 | 1058 | 0 | (6) |
|  |  | 07/2025  | 1892 | 9559 | 9559 | 0 | (14) |
|  |  | 07/2025  | 22387 | $17 | 17 | 0 | 0 |
|  |  | 07/2025  | 4705 | 465 | 465 | 0 | (2) |
|  |  | 07/2025  | 7770 | 809 | 809 | 0 | (12) |
|  |  | 07/2025  | 2381 | 72 | 72 | 0 | (1) |
|  |  | 07/2025  | 118661 | 3651 | 3651 | 0 | (434) |
|  |  | 07/2025  | $9195 | 51478 | 51478 | 280 | 0 |
|  |  | 07/2025  | 849 | 6074 | 6074 | 2 | 0 |
|  |  | 07/2025  | 923 | 798 | 798 | 17 | 0 |
|  |  | 07/2025  | 3619 | 59041608 | 59041608 | 22 | 0 |
|  |  | 07/2025  | 280 | 9171 | 9171 | 2 | 0 |
|  |  | 07/2025  | 1108 | 32958 | 32958 | 26 | 0 |
|  |  | 08/2025  | 34921 | $4889 | 4889 | 0 | (8) |
|  |  | 08/2025  | 377 | 3 | 3 | 0 | 0 |
|  |  | 08/2025  | 166055 | 5103 | 5103 | 0 | (669) |
|  |  | 08/2025  | $168 | 1203 | 1203 | 0 | 0 |
|  |  | 08/2025  | 222 | 1591 | 1591 | 1 | 0 |
|  |  | 08/2025  | 2281 | 198251 | 198251 | 27 | 0 |
|  |  | 08/2025  | 1698 | 32347 | 32347 | 17 | 0 |
|  |  | 08/2025  | 1901 | 60597 | 60597 | 205 | 0 |
|  |  | 09/2025  | 1657 | 6009 | 6009 | 35 | 0 |
|  |  | 10/2025  | 67400 | $11130 | 11130 | 0 | (992) |
|  |  | 05/2026  | $616 | 188 | 188 | 0 | (2) |
|  |  | 06/2026  | 392 | 120 | 120 | 0 | 0 |
|  |  | 06/2027  | 271 | 82 | 82 | 0 | (2) |
|  |  | 05/2029  | 748 | $2572 | 2572 | 112 | 0 |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2029  | 149 | 511 | 22 | 0 |
|  | 05/2030  | 677 | 2330 | 93 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1778 | 1149 | 0 | (21) |
|  | 07/2025  | 2035 | 10307 | 0 | (9) |
|  | 07/2025  | 17194 | $4938 | 0 | (166) |
|  | 07/2025  | 308222 | 226 | 0 | (2) |
|  | 07/2025  | 3345 | 329 | 0 | (3) |
|  | 07/2025  | 98 | 2 | 0 | 0 |
|  | 07/2025  | $48895 | 315230 | 875 | 0 |
|  | 07/2025  | 33275 | 24456 | 294 | 0 |
|  | 07/2025  | 2449 | 8268 | 6 | 0 |
|  | 07/2025  | 26 | 35226 | 0 | 0 |
|  | 07/2025  | 394 | 1476 | 16 | 0 |
|  | 07/2025  | 18027 | 737397 | 229 | 0 |
|  | 07/2025  | 133776 | $7396 | 0 | (149) |
|  | 08/2025  | 24456 | 33279 | 0 | (295) |
|  | 08/2025  | $5415 | 224425 | 55 | 0 |
|  | 09/2025  | 2703 | $641 | 0 | (2) |
|  | 12/2025  | $380 | 17777 | 7 | 0 |
|  | 01/2026  | 25900 | $3709 | 0 | (435) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 141211 | 21505 | 0 | (790) |
|  | 07/2025  | 2655 | 708 | 0 | (41) |
|  | 07/2025  | $3794 | 13721 | 78 | 0 |
|  | 09/2025  | 251 | $68 | 0 | (2) |
|  | 11/2025  | 5288 | 1439 | 0 | (47) |
|  | 12/2025  | 13772 | 3794 | 0 | (76) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 181582 | 33274 | 0 | (147) |
|  | 07/2025  | 38 | 28 | 0 | 0 |
|  | 07/2025  | 3846 | 537 | 0 | 0 |
|  | 07/2025  | 3365 | 3919 | 0 | (45) |
|  | 07/2025  | 22338476 | 16294 | 0 | (229) |
|  | 07/2025  | 32363 | 8796 | 0 | (337) |
|  | 07/2025  | 3990 | 420 | 0 | (1) |
|  | 07/2025  | 124572 | 3746 | 0 | (90) |
|  | 07/2025  | 201594 | 6196 | 0 | (744) |
|  | 07/2025  | $31053 | 181582 | 2368 | 0 |
|  | 07/2025  | 8047 | 57674 | 24 | 0 |
|  | 07/2025  | 2480 | 2167 | 73 | 0 |
|  | 07/2025  | 1383 | 22522913 | 6 | 0 |
|  | 07/2025  | 7009 | 25026 | 52 | 0 |
|  | 07/2025  | 1711 | 50719 | 35 | 0 |
|  | 08/2025  | 15495 | $2156 | 0 | (17) |
|  | 08/2025  | 11764 | 3148 | 0 | (169) |
|  | 08/2025  | 251393 | 7714 | 0 | (1026) |
|  | 08/2025  | $881 | 6383 | 14 | 0 |
|  | 08/2025  | 3543 | 25336 | 9 | 0 |
|  | 08/2025  | 17079 | 1472044 | 66 | (7) |
|  | 08/2025  | 1021 | 3678 | 16 | 0 |
|  | 09/2025  | 8574 | $447 | 0 | (6) |
|  | 09/2025  | 28971 | 8060 | 0 | (98) |
|  | 01/2026  | 110000 | 810 | 31 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 27388 | 4301 | 0 | (24) |
|  | 07/2025  | 8349 | 2409 | 0 | (70) |
|  | 07/2025  | 340905 | 250 | 0 | (2) |
|  | 07/2025  | 16967 | 4605 | 0 | (184) |
|  | 07/2025  | 175 | 136 | 0 | (2) |
|  | 07/2025  | $777 | 5547 | 0 | (1) |
|  | 07/2025  | 257866 | 222279 | 3968 | 0 |
|  | 07/2025  | 242 | 3938360 | 1 | 0 |
|  | 07/2025  | 170 | 89888 | 2 | 0 |
|  | 07/2025  | 969 | 28798 | 23 | 0 |
|  | 08/2025  | 3436 | 17443 | 0 | (23) |
|  | 08/2025  | 221792 | $257866 | 0 | (3964) |
|  | 08/2025  | $24071 | 172759 | 154 | 0 |
|  | 08/2025  | 4301 | 27322 | 24 | 0 |
|  | 08/2025  | 7916 | 683099 | 36 | 0 |
|  | 09/2025  | 154684 | $285 | 0 | (7) |
|  | 09/2025  | 118 | 6 | 0 | 0 |
|  | 09/2025  | $2688 | 1391243 | 0 | (66) |
|  | 12/2025  | 1473 | 782964 | 0 | (39) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 73825 | $47631 | 0 | (956) |
|  | 07/2025  | 43401 | 7591 | 0 | (397) |
|  | 07/2025  | 6462 | 7848 | 0 | (297) |
|  | 07/2025  | 24758 | 3445 | 0 | (17) |
|  | 07/2025  | 37225 | 5849 | 0 | (28) |
|  | 07/2025  | 2846293 | 19841 | 75 | 0 |
|  | 07/2025  | 442 | 344 | 0 | (4) |
|  | 07/2025  | $7953 | 43401 | 35 | 0 |
|  | 07/2025  | 8515 | 6817 | 76 | 0 |
|  | 07/2025  | 12258 | 1784290 | 132 | 0 |
|  | 07/2025  | 2710 | 9996 | 62 | 0 |
|  | 07/2025  | 1067 | 1361 | 3 | 0 |
|  | 08/2025  | 6789 | $8515 | 0 | (77) |
|  | 08/2025  | 45335 | 6324 | 0 | (34) |
|  | 08/2025  | 1777728 | 12258 | 0 | (132) |
|  | 08/2025  | 1567 | 1232 | 0 | (4) |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | $5849 | 37134 | 28 | 0 |
|  | 08/2025  | 3783 | 327163 | 26 | 0 |
|  | 09/2025  | 5098 | 99274 | 149 | 0 |
|  | 09/2025  | 699 | 2534 | 15 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 202033 | $36639 | 0 | (547) |
|  | 07/2025  | 2255 | 11379 | 0 | (20) |
|  | 07/2025  | 3726 | $1001 | 0 | (50) |
|  | 07/2025  | 39354 | 1210 | 0 | (145) |
|  | 07/2025  | $37022 | 202033 | 164 | 0 |
|  | 07/2025  | 750 | 5379 | 3 | 0 |
|  | 07/2025  | 327 | 5332262 | 2 | 0 |
|  | 07/2025  | 415 | 528 | 1 | 0 |
|  | 07/2025  | 421 | $23 | 0 | (1) |
|  | 08/2025  | 405 | 2059 | 0 | (2) |
|  | 08/2025  | 527 | $415 | 0 | (1) |
|  | 08/2025  | $730 | 40230 | 65 | 0 |
|  | 08/2025  | 1053 | 362167 | 11 | 0 |
|  | 09/2025  | 3192 | $758 | 0 | (1) |
|  | 09/2025  | 5162 | 1409 | 0 | (46) |
|  | 09/2025  | $36639 | 205157 | 545 | 0 |
|  | 09/2025  | 550 | 287512 | 0 | (8) |
|  | 10/2025  | 100400 | $16428 | 0 | (1630) |
|  | 12/2025  | 13613 | 292 | 0 | (5) |
|  | 01/2026  | 330000 | 2452 | 114 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $1245 | 11775 | 0 | 0 |
|  | 08/2025  | 11750 | $1245 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 6806 | 1247 | 0 | (6) |
|  | 07/2025  | 354 | 432 | 0 | (14) |
|  | 07/2025  | 46906 | 6499 | 0 | (61) |
|  | 07/2025  | 8779 | 1227 | 0 | 0 |
|  | 07/2025  | 109428 | 16573 | 0 | (704) |
|  | 07/2025  | 393947 | 2743 | 8 | 0 |
|  | 07/2025  | 1805646 | 1320 | 0 | (16) |
|  | 07/2025  | 2183 | 1302 | 0 | (29) |
|  | 07/2025  | 11719 | 9123 | 0 | (93) |
|  | 07/2025  | 118501 | 3644 | 0 | (436) |
|  | 07/2025  | $1163 | 6806 | 89 | 0 |
|  | 07/2025  | 1083 | 7748 | 1 | 0 |
|  | 07/2025  | 9101 | 33890 | 299 | 0 |
|  | 07/2025  | 869 | 1113 | 6 | 0 |
|  | 07/2025  | 53502 | $2994 | 0 | (24) |
|  | 08/2025  | 81880 | 11397 | 0 | (85) |
|  | 08/2025  | 2067 | 2429 | 0 | (12) |
|  | 08/2025  | 1111 | 869 | 0 | (6) |
|  | 08/2025  | 127640 | 3916 | 0 | (521) |
|  | 08/2025  | $781 | 5570 | 0 | 0 |
|  | 08/2025  | 2550 | 221112 | 24 | 0 |
|  | 10/2025  | 230994 | 573 | 1 | 0 |
|  | 01/2026  | 170000 | $1240 | 36 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 1759 | 1134 | 0 | (24) |
|  | 07/2025  | 87451 | 63672 | 0 | (548) |
|  | 07/2025  | 9 | 11 | 0 | 0 |
|  | 07/2025  | 22487 | 3120 | 0 | (24) |
|  | 07/2025  | 2218 | 309 | 0 | 0 |
|  | 07/2025  | 6122 | 6997 | 0 | (215) |
|  | 07/2025  | 10273 | 13938 | 0 | (164) |
|  | 07/2025  | 3482 | 445 | 1 | 0 |
|  | 07/2025  | 130005 | 905 | 2 | 0 |
|  | 07/2025  | 28152 | 21944 | 0 | (196) |
|  | 07/2025  | 62533 | 1889 | 0 | (36) |
|  | 07/2025  | 61068 | 1874 | 0 | (229) |
|  | 07/2025  | $64725 | 88971 | 611 | 0 |
|  | 07/2025  | 310 | 2218 | 0 | 0 |
|  | 07/2025  | 412 | 6697998 | 1 | 0 |
|  | 07/2025  | 2205 | 318200 | 9 | (4) |
|  | 07/2025  | 3028 | 11339 | 117 | 0 |
|  | 07/2025  | 22941 | 29667 | 392 | 0 |
|  | 07/2025  | 81 | 2397 | 2 | 0 |
|  | 08/2025  | 88823 | $64725 | 0 | (613) |
|  | 08/2025  | 114592 | 15850 | 0 | (218) |
|  | 08/2025  | 2004 | 14 | 0 | 0 |
|  | 08/2025  | 29599 | 22941 | 0 | (396) |
|  | 08/2025  | 99729 | 3078 | 0 | (389) |
|  | 08/2025  | $8173 | 58621 | 47 | 0 |
|  | 08/2025  | 309 | 2211 | 1 | 0 |
|  | 08/2025  | 460 | 25332 | 41 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 2496 | $349 | 0 | 0 |
|  | 07/2025  | 64297 | 445 | 0 | (1) |
|  | 07/2025  | $4117 | 600018 | 50 | 0 |
|  | 07/2025  | 723 | 7291 | 1 | 0 |
|  | 07/2025  | 14 | 52 | 0 | 0 |
|  | 08/2025  | 37568 | $5248 | 0 | (21) |
|  | 08/2025  | 597812 | 4117 | 0 | (50) |
|  | 08/2025  | 7290 | 723 | 0 | (1) |
|  | 08/2025  | $898 | 6488 | 12 | 0 |
|  | 08/2025  | 561 | 4008 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 09/2025  | 6213 | 6213 | 6213 | $ | 4369 | 4369 | 4369 |  | 0 | 0 | 0 |  | (209) |
|  |  | 09/2025  | $395 | 395 | 395 | KZT | 204869 | 204869 | 204869 |  | 0 | 0 | 0 |  | (9) |
|  |  | 12/2025  | 25511 | 25511 | 25511 | EUR | 1011 | 1011 | 1011 |  | 0 | 0 | 0 |  | (18) |
|  |  | 01/2026  | 28670 | 28670 | 28670 | $ | 4114 | 4114 | 4114 |  | 0 | 0 | 0 |  | (473) |
|  |  | 04/2026  | 64930 | 64930 | 64930 |  | 9241 | 9241 | 9241 |  | 0 | 0 | 0 |  | (1206) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | $3915 | 3915 | 3915 | IDR | 63820580 | 63820580 | 63820580 |  | 20 | 20 | 20 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | 08/2025  | 5416 | 5416 | 5416 | $ | 747 | 747 | 747 |  | 0 | 0 | 0 |  | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 127 | 127 | 127 |  | 37 | 37 | 37 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 225400 | 225400 | 225400 |  | 1569 | 1569 | 1569 |  | 4 | 4 | 4 |  | 0 |
|  |  | 07/2025  | 259 | 259 | 259 |  | 156 | 156 | 156 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 7696 | 7696 | 7696 |  | 264 | 264 | 264 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | $3556 | 3556 | 3556 | CNY | 25503 | 25503 | 25503 |  | 13 | 13 | 13 |  | 0 |
|  |  | 07/2025  | 300 | 300 | 300 | EGP | 16233 | 16233 | 16233 |  | 25 | 25 | 25 |  | 0 |
|  |  | 07/2025  | 1522 | 1522 | 1522 | IDR | 24798681 | 24798681 | 24798681 |  | 7 | 7 | 7 |  | 0 |
|  |  | 07/2025  | 46 | 46 | 46 | JPY | 6684 | 6684 | 6684 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 4581 | 4581 | 4581 | SGD | 5909 | 5909 | 5909 |  | 66 | 66 | 66 |  | 0 |
|  |  | 07/2025  | 2857 | 2857 | 2857 | TWD | 84877 | 84877 | 84877 |  | 66 | 66 | 66 |  | 0 |
|  |  | 08/2025  | 70713 | 70713 | 70713 | $ | 9899 | 9899 | 9899 |  | 0 | 0 | 0 |  | (17) |
|  |  | 08/2025  | 6660 | 6660 | 6660 |  | 46 | 46 | 46 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 5895 | 5895 | 5895 |  | 4581 | 4581 | 4581 |  | 0 | 0 | 0 |  | (67) |
|  |  | 08/2025  | 36429 | 36429 | 36429 |  | 1116 | 1116 | 1116 |  | 0 | 0 | 0 |  | (150) |
|  |  | 08/2025  | $2670 | 2670 | 2670 | INR | 229199 | 229199 | 229199 |  | 0 | 0 | 0 |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 77 | 77 | 77 | $ | 18 | 18 | 18 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | $230 | 230 | 230 | EGP | 11799 | 11799 | 11799 |  | 6 | 6 | 6 |  | 0 |
|  |  | 07/2025  | 6861 | 6861 | 6861 | JPY | 990313 | 990313 | 990313 |  | 16 | 16 | 16 |  | 0 |
|  |  | 07/2025  | 76 | 76 | 76 | NOK | 759 | 759 | 759 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 986679 | 986679 | 986679 | $ | 6861 | 6861 | 6861 |  | 0 | 0 | 0 |  | (17) |
|  |  | 08/2025  | 759 | 759 | 759 |  | 76 | 76 | 76 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | $4 | 4 | 4 | HUF | 1327 | 1327 | 1327 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 15 | 15 | 15 | INR | 1321 | 1321 | 1321 |  | 0 | 0 | 0 |  | 0 |
|  |  | 12/2025  | 300 | 300 | 300 | EGP | 16365 | 16365 | 16365 |  | 8 | 8 | 8 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 14 | 14 | 14 | $ | 10 | 10 | 10 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 14183 | 14183 | 14183 |  | 19204 | 19204 | 19204 |  | 0 | 0 | 0 |  | (264) |
|  |  | 08/2025  | $10 | 10 | 10 | CAD | 14 | 14 | 14 |  | 0 | 0 | 0 |  | 0 |
|  |  | 10/2025  | 5945 | 5945 | 5945 | $ | 1622 | 1622 | 1622 |  | 0 | 0 | 0 |  | (52) |
|  |  | 01/2026  | 940000 | 940000 | 940000 |  | 6278 | 6278 | 6278 |  | 0 | 0 | 0 |  | (382) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 1263 | 1263 | 1263 |  | 352 | 352 | 352 |  | 0 | 0 | 0 |  | (23) |
|  |  | 07/2025  | 41953 | 41953 | 41953 |  | 290 | 290 | 290 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 291148 | 291148 | 291148 |  | 215 | 215 | 215 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 59 | 59 | 59 |  | 13 | 13 | 13 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 9930 | 9930 | 9930 |  | 299 | 299 | 299 |  | 0 | 0 | 0 |  | (7) |
|  |  | 07/2025  | $215 | 215 | 215 | KRW | 291288 | 291288 | 291288 |  | 1 | 1 | 1 |  | 0 |
|  |  | 09/2025  | 4369 | 4369 | 4369 | CAD | 6210 | 6210 | 6210 |  | 207 | 207 | 207 |  | 0 |
|  |  | 12/2025  | 1011 | 1011 | 1011 | CZK | 25510 | 25510 | 25510 |  | 18 | 18 | 18 |  | 0 |
|  |  | 12/2025  | 8686 | 8686 | 8686 | $ | 185 | 185 | 185 |  | 0 | 0 | 0 |  | (4) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**13909** | **13909** | **13909** | **$** | $**(33862)** | **(33862)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BOA | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | 24.650 | 24.650 | 03/11/2026 | 2242 | 2242 | 2242 | $15 | 15 | $ | $16 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | 399.000 | 399.000 | 08/25/2025 | 2974 | 2974 | 2974 | 14 | 14 |  | 18 |
| BRC | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | SEK | 10.200 | 10.200 | 11/26/2025 | 3224 | 3224 | 3224 | 20 | 20 |  | 17 |
| GLM | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | 1.100 | 1.100 | 12/17/2025 | 398 | 398 | 398 | 46 | 46 |  | 29 |
| JPM | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | 24.600 | 24.600 | 12/22/2025 | 6877 | 6877 | 6877 | 31 | 31 |  | 35 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | 395.000 | 395.000 | 09/29/2025 | 2389 | 2389 | 2389 | 12 | 12 |  | 10 |
| MBC | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | 1.098 | 1.098 | 12/23/2025 | 398 | 398 | 398 | 46 | 46 |  | 28 |
| MYI | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | 24.750 | 24.750 | 12/09/2025 | 2374 | 2374 | 2374 | 14 | 14 |  | 17 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  | 24.550 | 24.550 | 12/16/2025 | 6235 | 6235 | 6235 | 28 | 28 |  | 27 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  | 24.700 | 24.700 | 12/16/2025 | 4005 | 4005 | 4005 | 25 | 25 |  | 26 |
|  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | 1.110 | 1.110 | 11/24/2025 | 10066 | 10066 | 10066 | 47 | 47 |  | 29 |
|  |  |  |  |  |  |  |  |  |  |  |  | $298 | 298 | $ | $252 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BPS | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 4.570% | 4.570% | 08/13/2025 | 08/13/2025 | 68100 | 68100 | 68100 | $96 | 96 | $ | $0 |
| GLM | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 4.700 | 4.700 | 08/20/2025 | 08/20/2025 | 37600 | 37600 | 37600 | 48 | 48 |  | 0 |
| JPM | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 4.570 | 4.570 | 08/13/2025 | 08/13/2025 | 1600 | 1600 | 1600 | 2 | 2 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $146 | 146 | $ | $0 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**444** | **444** | **$** | $**252** |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 7 | 22 | 24 | 37 | 53 | 57 | 73 | 82 | 94 | 107 | 131 | 144 | 155 | 177 | 190 | 200 |
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Counterparty | Description | Description | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| GLM | GLM | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | TRY | 53.500 | 53.500 | 12/11/2025 | 2538 | $ | (83) | (83) | $(69) | (69) |
| UAG | UAG | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 54.000 | 54.000 | 12/16/2025 | 1595 |  | (52) | (52) | (43) | (43) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (135) | (135) | $(112) | (112) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.637% | 3.637% | 07/18/2025 | 07/18/2025 | 5700 | $ | (18) | (18) | $(29) | (29) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.037 | 4.037 | 07/18/2025 | 07/18/2025 | 5700 |  | (18) | (18) | (3) | (3) |
| BRC | BRC | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.350 | 4.350 | 09/25/2025 | 09/25/2025 | 3800 |  | (37) | (37) | (1) | (1) |
| DUB | DUB | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.330 | 4.330 | 09/25/2025 | 09/25/2025 | 4600 |  | (51) | (51) | (1) | (1) |
| GLM | GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.680 | 3.680 | 07/07/2025 | 07/07/2025 | 1100 |  | (4) | (4) | (4) | (4) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.030 | 4.030 | 07/07/2025 | 07/07/2025 | 1100 |  | (4) | (4) | 0 | 0 |
| MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.715 | 3.715 | 07/02/2025 | 07/02/2025 | 5600 |  | (20) | (20) | (23) | (23) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.065 | 4.065 | 07/02/2025 | 07/02/2025 | 5600 |  | (20) | (20) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.725 | 3.725 | 07/03/2025 | 07/03/2025 | 3800 |  | (14) | (14) | (20) | (20) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.075 | 4.075 | 07/03/2025 | 07/03/2025 | 3800 |  | (14) | (14) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.669 | 3.669 | 07/07/2025 | 07/07/2025 | 1900 |  | (7) | (7) | (6) | (6) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.019 | 4.019 | 07/07/2025 | 07/07/2025 | 1900 |  | (7) | (7) | 0 | 0 |
| NGF | NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.545 | 3.545 | 07/28/2025 | 07/28/2025 | 5625 |  | (18) | (18) | (21) | (21) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.895 | 3.895 | 07/28/2025 | 07/28/2025 | 5625 |  | (18) | (18) | (13) | (13) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (250) | (250) | $(121) | (121) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(385)** | **(385)** | $**(233)** | **(233)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000)% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.262% | 0.262% | $1800 | $(57) | (57) | $(4) | $0 | 0 | $(61) |
| JPM | Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.262 | 0.262 | 1780 | (57) | (57) | (4) | 0 | 0 | (61) |
|  |  |  |  |  |  |  |  |  |  |  |  | $(114) | (114) | $(8) | $0 | 0 | $(122) |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| CBK | Israel Government International Bond  | Israel Government International Bond  | Israel Government International Bond  | 1.000% | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.603% | 0.603% | $8300 | $(42) | (42) | $108 | $66 | 66 | $0 |
| DUB | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | 4.750 | Monthly | Monthly | 07/06/2026 | 07/06/2026 | -◆ | -◆ | 4665 | 0 | 0 | 25 | 25 | 25 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | $(42) | (42) | $133 | $91 | 91 | $0 |

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------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 2 | 6 | 12 | 14 | 27 | 36 | 39 | 57 | 67 | 69 | 93 | 100 | 132 | 146 | 156 | 172 | 178 | 192 | 201 |
| **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** | **CROSS** **-CURRENCY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Receive | Receive | Pay | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date<sup>(7)</sup> | Maturity<br>Date<sup>(7)</sup> | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received |  | Notional Amount<br>of Currency<br>Delivered | Upfront <br>Payable/<br>(Receivable) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset |  | Liability |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 12/17/2026 | 12/17/2026 | $108267 | 108267 | JPY | 16030000 | 222 | $ | 13 | $ | 235 | $ | 0 |
|  |  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.462% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.462% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 13442 | 13442 |  | 2050000 | (16) |  | 28 |  | 12 |  | 0 |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.459% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.459% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 655 | 655 |  | 100000 | (1) |  | 1 |  | 0 |  | 0 |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 10/15/2026 | 10/15/2026 | 69454 | 69454 |  | 10994400 | (889) |  | 32 |  | 0 |  | (857) |
| &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.430% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.430% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 857 | 857 |  | 130000 | (2) |  | 1 |  | 0 |  | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (686) | $ | 75 | $ | 247 | $ | (858) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500% | 3.500% | Quarterly | Quarterly | 03/19/2030 | MYR | 7290 | $(6) | (6) | $30 | 30 | $24 | 24 | $0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | 09/18/2034 |  | 9170 | (25) | (25) | (37) | (37) | 0 | 0 | (62) |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | 03/19/2030 |  | 66880 | 17 | 17 | 206 | 206 | 223 | 223 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | 09/20/2033 |  | 28300 | 179 | 179 | (376) | (376) | 0 | 0 | (197) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | 03/19/2035 |  | 7390 | 6 | 6 | (56) | (56) | 0 | 0 | (50) |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Pay | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | 03/18/2031 | CNY | 2400 | 1 | 1 | (1) | (1) | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 172 | 172 | (234) | (234) | 247 | 247 | (309) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(670)** | **(670)** | **(34)** | **(34)** | **585** | **585** | **(1289)** |
| **(l)** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,502 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| ◆ | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |

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<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | |
|:---|:---|:---|:---|
| <sup>(</sup><sup>4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(7)</sup> | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. |
| <sup>(8)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 2 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Argentina | Argentina | Argentina | Argentina |
| Sovereign Issues | Sovereign Issues | $189 | $189 |
| Australia | Australia | Australia | Australia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 11102 | 11102 |
| Sovereign Issues | Sovereign Issues | 23049 | 23049 |
| Brazil | Brazil | Brazil | Brazil |
| Sovereign Issues | Sovereign Issues | 29791 | 29791 |
| Canada | Canada | Canada | Canada |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 27056 | 27056 |
| Sovereign Issues | Sovereign Issues | 39896 | 39896 |
| Cayman Islands | Cayman Islands | Cayman Islands | Cayman Islands |
| Asset-Backed Securities | Asset-Backed Securities | 59256 | 59256 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 3861 | 3861 |
| Sovereign Issues | Sovereign Issues | 513 | 513 |
| Chile | Chile | Chile | Chile |
| Sovereign Issues | Sovereign Issues | 1016 | 1016 |
| Denmark | Denmark | Denmark | Denmark |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 10439 | 10439 |
| France | France | France | France |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 6325 | 6325 |
| Sovereign Issues | Sovereign Issues | 103053 | 103053 |
| Germany | Germany | Germany | Germany |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 3664 | 3664 |
| Hungary | Hungary | Hungary | Hungary |
| Sovereign Issues | Sovereign Issues | 5798 | 5798 |
| Ireland | Ireland | Ireland | Ireland |
| Asset-Backed Securities | Asset-Backed Securities | 42462 | 42462 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 524 | 524 |
| Loan Participations and Assignments | Loan Participations and Assignments | 0 | 3085 |
| Israel | Israel | Israel | Israel |
| Sovereign Issues | Sovereign Issues | 6569 | 6569 |
| Italy | Italy | Italy | Italy |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 1392 | 1392 |
| Sovereign Issues | Sovereign Issues | 14211 | 14211 |
| Japan | Japan | Japan | Japan |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 580 | 580 |
| Sovereign Issues | Sovereign Issues | 95139 | 95139 |
| Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands |
| Asset-Backed Securities | Asset-Backed Securities | 709 | 709 |
| Malaysia | Malaysia | Malaysia | Malaysia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 513 | 513 |
| Sovereign Issues | Sovereign Issues | 1374 | 1374 |
| Mexico | Mexico | Mexico | Mexico |
| Sovereign Issues | Sovereign Issues | 389 | 389 |
| Multinational | Multinational | Multinational | Multinational |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 477 | 477 |
| Netherlands | Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 5468 | 5468 |
| Norway | Norway | Norway | Norway |
| Sovereign Issues | Sovereign Issues | 1411 | 1411 |
| Peru | Peru | Peru | Peru |
| Sovereign Issues | Sovereign Issues | 20760 | 20760 |
| Poland | Poland | Poland | Poland |
| Sovereign Issues | Sovereign Issues | 9042 | 9042 |
| Qatar | Qatar | Qatar | Qatar |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 263 | 263 |
| Romania | Romania | Romania | Romania |
| Sovereign Issues | Sovereign Issues | 13242 | 13242 |
| Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 5604 | 5604 |
| Sovereign Issues | Sovereign Issues | 21928 | 21928 |
| Serbia | Serbia | Serbia | Serbia |

---

------

<br> Schedule of Investments PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Sovereign Issues | 0 | 2412 | 0 | 2412 |
| Singapore | Singapore | Singapore | Singapore | Singapore |
| Sovereign Issues | 0 | 12019 | 0 | 12019 |
| Slovakia | Slovakia | Slovakia | Slovakia | Slovakia |
| Corporate Bonds & Notes | 0 | 4683 | 0 | 4683 |
| South Africa | South Africa | South Africa | South Africa | South Africa |
| Sovereign Issues | 0 | 19656 | 0 | 19656 |
| South Korea | South Korea | South Korea | South Korea | South Korea |
| Sovereign Issues | 0 | 7714 | 0 | 7714 |
| Spain | Spain | Spain | Spain | Spain |
| Corporate Bonds & Notes | 0 | 3639 | 0 | 3639 |
| Sovereign Issues | 0 | 99103 | 0 | 99103 |
| Supranational | Supranational | Supranational | Supranational | Supranational |
| Corporate Bonds & Notes | 0 | 1165 | 0 | 1165 |
| Switzerland | Switzerland | Switzerland | Switzerland | Switzerland |
| Corporate Bonds & Notes | 0 | 10099 | 0 | 10099 |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |
| Corporate Bonds & Notes | 0 | 1199 | 0 | 1199 |
| Sovereign Issues | 0 | 3293 | 0 | 3293 |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| Corporate Bonds & Notes | 0 | 41162 | 0 | 41162 |
| Loan Participations and Assignments | 0 | 0 | 334 | 334 |
| Non-Agency Mortgage-Backed Securities | 0 | 14896 | 0 | 14896 |
| Sovereign Issues | 0 | 16077 | 0 | 16077 |
| United States | United States | United States | United States | United States |
| Asset-Backed Securities | 0 | 39696 | 0 | 39696 |
| Corporate Bonds & Notes | 0 | 52504 | 0 | 52504 |
| Loan Participations and Assignments | 0 | 1192 | 1109 | 2301 |
| Municipal Bonds & Notes | 0 | 846 | 0 | 846 |
| Non-Agency Mortgage-Backed Securities | 0 | 61263 | 0 | 61263 |
| U.S. Government Agencies | 0 | 1055077 | 0 | 1055077 |
| U.S. Treasury Obligations | 0 | 156438 | 0 | 156438 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Commercial Paper | 0 | 10768 | 0 | 10768 |
| Mutual Funds | 0 | 5263 | 0 | 5263 |
| Nigeria Treasury Bills | 0 | 8110 | 0 | 8110 |
| U.S. Treasury Bills | 0 | 12275 | 0 | 12275 |
|  | $0 | $2207614 | $4528 | $2212142 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $32848 | $0 | $0 | $32848 |
| Total Investments | $32848 | $2207614 | $4528 | $2244990 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| United States | United States | United States | United States | United States |
| U.S. Government Agencies | $0 | $(212596) | $0 | $(212596) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 1982 | 2015 | 0 | 3997 |
| Over the counter | 0 | 14721 | 25 | 14746 |
|  | $1982 | $16736 | $25 | $18743 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (538) | (3547) | 0 | (4085) |
| Over the counter | 0 | (35384) | 0 | (35384) |
|  | $(538) | $(38931) | $0 | $(39469) |
| Total Financial Derivative Instruments | $1444 | $(22195) | $25 | $(20726) |
| Totals | $34292 | $1972823 | $4553 | $2011668 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 39.8% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Sunac China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(a)(b) | $16 | $2 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2027 ^(a)(b) | 16 | 2 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(a)(b) | 32 | 4 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(a)(b) | 48 | 6 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(a)(b) | 49 | 6 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(a)(b) | 23 | 3 |
|  |  | 23 |
| **INDUSTRIALS 0.2%**  |  |  |
| **Claritev Corp. (6.500% Cash and 0.750% PIK)** <br>7.250% due 03/31/2031 (a) | 619 | 436 |
| **MPH Acquisition Holdings LLC** <br>5.750% due 12/31/2030 | 72 | 59 |
| **MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK)** <br>11.500% due 12/31/2030 (a) | 110 | 109 |
|  |  | 604 |
| Total Corporate Bonds & Notes (Cost $829) |  | 627 |
| **U.S. GOVERNMENT AGENCIES 16.4%**  |  |  |
| **Fannie Mae**  |  |  |
| 4.864% due 03/25/2049 •  | 223 | 221 |
| 5.130% due 12/25/2047 •  | 381 | 381 |
| 5.150% due 01/25/2051 •  | 260 | 260 |
| 5.275% due 08/25/2054 •  | 69 | 70 |
| **Freddie Mac**  |  |  |
| 4.968% due 07/15/2041 •  | 284 | 282 |
| 5.250% due 04/15/2049 - 12/15/2050 •  | 431 | 432 |
| 5.255% due 04/25/2055 •  | 1336 | 1333 |
| **Ginnie Mae**  |  |  |
| 4.952% due 05/20/2074 •  | 121 | 120 |
| 5.152% due 05/20/2074 •  | 167 | 167 |
| 5.202% due 09/20/2071 •  | 2059 | 2060 |
| 5.461% due 08/20/2068 •  | 329 | 331 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 16100 | 13934 |
| 3.500% due 08/01/2055 | 800 | 720 |
| 4.500% due 08/01/2055 | 100 | 96 |
| 5.000% due 08/01/2055 | 4500 | 4408 |
| 5.500% due 08/01/2055 | 1000 | 999 |
| 6.000% due 08/01/2055 | 9900 | 10051 |
| 6.500% due 08/01/2055 | 12900 | 13301 |
| Total U.S. Government Agencies (Cost $48,648) |  | 49166 |
| **U.S. TREASURY OBLIGATIONS 4.1%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.375% due 11/15/2040 (h) | 2700 | 1721 |
| 4.000% due 11/15/2042 (l) | 2050 | 1871 |
| 4.000% due 11/15/2052 (l) | 1550 | 1356 |
| 4.625% due 02/15/2055 | 800 | 779 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 1.500% due 02/15/2053  | 2374 | 1882 |
| 1.750% due 01/15/2034 (j) | 3131 | 3105 |
| **U.S. Treasury Notes**  |  |  |
| 4.625% due 02/15/2035 | 1470 | 1517 |
| Total U.S. Treasury Obligations (Cost $13,728) |  | 12231 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.2%**  |  |  |
| **Alliance Bancorp Trust** <br>4.914% due 07/25/2037 •  | 164 | 146 |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Bear** **Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.235% due 07/25/2036 ~  | 39 | 33 |
| 4.521% due 02/25/2036 ~  | 26 | 24 |
| 5.035% due 08/25/2033 ~  | 26 | 24 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.734% due 07/25/2035 •  | 267 | 202 |
| 4.754% due 09/25/2047 •  | 62 | 57 |
| 5.399% due 02/25/2036 •  | 75 | 69 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.300% due 09/20/2036 ~  | 42 | 37 |
| 5.074% due 03/25/2035 •  | 33 | 33 |
| 6.000% due 04/25/2036  | 145 | 70 |
| **Impac CMB Trust**  |  |  |
| 5.054% due 04/25/2035 •  | 49 | 49 |
| 5.079% due 04/25/2035 •  | 64 | 62 |
| **Residential Accredit Loans, Inc. Trust** <br>6.000% due 12/25/2036 | 35 | 29 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>3.972% due 01/25/2035 ~ | 1 | 1 |
| **Structured Asset Mortgage Investments Trust** <br>4.932% due 07/19/2035 •  | 8 | 8 |
| **Towd Point Mortgage Trust** <br>4.114% due 04/25/2055 ~ | 5000 | 4876 |
| **WaMu Mortgage Pass-Through Certificates Trust** <br>5.094% due 01/25/2045 •  | 884 | 888 |
| Total Non-Agency Mortgage-Backed Securities (Cost $6,615) |  | 6608 |
| **ASSET-BACKED SECURITIES 8.9%**  |  |  |
| **AUTOMOBILE SEQUENTIAL 1.0%**  |  |  |
| **Carvana Auto Receivables Trust**  |  |  |
| 5.900% due 08/10/2027  | 61 | 61 |
| 6.160% due 09/10/2029  | 1911 | 1987 |
| **OneMain Direct Auto Receivables Trust** <br>5.410% due 11/14/2029 | 306 | 309 |
| **Oscar U.S. Funding LLC** <br>5.810% due 12/10/2027 | 340 | 342 |
| **SCCU Auto Receivables Trust** <br>5.700% due 10/16/2028 | 180 | 182 |
|  |  | 2881 |
| **HOME EQUITY OTHER 2.9%**  |  |  |
| **Aames Mortgage Investment Trust** <br>4.914% due 04/25/2036 •  | 71 | 66 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.914% due 06/25/2036 •  | 106 | 79 |
| 5.334% due 08/25/2035 •  | 103 | 102 |
| **Argent Mortgage Loan Trust** <br>4.914% due 05/25/2035 •  | 270 | 242 |
| **Argent Securities Trust** <br>4.734% due 07/25/2036 •  | 214 | 192 |
| **Countrywide Asset-Backed Certificates** <br>4.934% due 03/25/2037 •  | 216 | 213 |
| **Countrywide Asset-Backed Certificates Trust** <br>4.714% due 05/25/2035 •  | 19 | 19 |
| **First NLC Trust** <br>5.214% due 02/25/2036 •  | 797 | 785 |
| **Fremont Home Loan Trust** <br>4.704% due 10/25/2036 •  | 387 | 352 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.754% due 09/25/2036 •  | 1535 | 410 |
| 4.994% due 09/25/2034 •  | 67 | 67 |
| 5.034% due 01/25/2036 •  | 965 | 891 |
| **Morgan Stanley Home Equity Loan Trust** <br>5.499% due 05/25/2035 •  | 1924 | 1770 |
| **NovaStar Mortgage Funding Trust** <br>5.094% due 01/25/2036 •  | 14 | 14 |
| **Popular ABS Mortgage Pass-Through Trust** <br>4.929% due 07/25/2036 •  | 74 | 71 |
| **Residential Asset Mortgage Products Trust** <br>4.944% due 03/25/2036 •  | 437 | 430 |
| **Structured Asset Investment Loan Trust** <br>5.154% due 07/25/2035 •  | 196 | 189 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 5.004% due 10/25/2036 •  | 40 | 40 |
| 5.229% due 02/25/2036 •  | 100 | 98 |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Washington** **Mutual Asset-Backed Certificates Trust** <br>4.874% due 02/25/2037 •  | 8766 | 2754 |
|  |  | 8784 |
| **HOME EQUITY SEQUENTIAL 1.7%**  |  |  |
| **Chase Funding Trust** <br>4.832% due 11/25/2034 þ | 5235 | 5178 |
| **MANUFACTURING HOUSE ABS OTHER 0.1%**  |  |  |
| **Lehman ABS Manufactured Housing Contract Trust** <br>7.170% due 04/15/2040 ~ | 363 | 344 |
| **WHOLE LOAN COLLATERAL 0.8%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.634% due 06/25/2036 •  | 1140 | 1151 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.869% due 11/25/2036 •  | 268 | 267 |
| **First Franklin Mortgage Loan Trust** <br>5.139% due 11/25/2036 •  | 804 | 784 |
|  |  | 2202 |
| **OTHER ABS 2.4%**  |  |  |
| **522 Funding CLO Ltd.** <br>5.571% due 10/20/2031 •  | 194 | 194 |
| **Catamaran CLO Ltd.** <br>5.634% due 04/22/2030 •  | 71 | 71 |
| **CIFC Funding Ltd.** <br>5.487% due 10/24/2030 •  | 123 | 123 |
| **College Avenue Student Loans LLC** <br>3.280% due 12/28/2048 | 64 | 61 |
| **Dryden CLO Ltd.** <br>5.530% due 01/17/2033 •  | 289 | 290 |
| **Gallatin CLO Ltd.** <br>5.608% due 07/15/2031 •  | 226 | 227 |
| **KKR CLO Ltd.** <br>5.471% due 07/18/2030 •  | 35 | 35 |
| **Madison Park Funding Ltd.** <br>5.521% due 04/20/2032 •  | 224 | 225 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 2.600% due 08/15/2068  | 557 | 536 |
| 6.026% due 11/15/2068 •  | 154 | 155 |
| **OCP Euro CLO DAC** <br>3.116% due 09/22/2034 •  | 370 | 436 |
| **OZLM Ltd.**  |  |  |
| 5.469% due 10/20/2031 •  | $235 | 236 |
| 5.691% due 07/20/2032 •  | 237 | 237 |
| **Rad CLO Ltd.** <br>5.657% due 07/24/2032 •  | 366 | 367 |
| **Saranac CLO Ltd.** <br>5.724% due 08/13/2031 •  | 129 | 129 |
| **Segovia European CLO DAC** <br>3.116% due 07/20/2032 •  | 272 | 321 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.290% due 07/15/2053  | $255 | 240 |
| 5.500% due 06/17/2052  | 1735 | 1779 |
| 6.104% due 10/16/2056 •  | 524 | 535 |
| **Sound Point CLO Ltd.** <br>5.741% due 07/20/2032 •  | 421 | 421 |
| **TCI-Symphony CLO Ltd.** <br>5.523% due 10/13/2032 •  | 296 | 296 |
| **Venture CLO Ltd.** <br>5.521% due 07/20/2030 •  | 97 | 97 |
| **Vibrant CLO Ltd.** <br>5.651% due 07/20/2032 •  | 176 | 177 |
| **Voya Ltd.** <br>5.518% due 10/15/2030 •  | 58 | 58 |
|  |  | 7246 |
| Total Asset-Backed Securities (Cost $26,261) |  | 26635 |
| **SOVEREIGN ISSUES 6.3%**  |  |  |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (d) | 31500 | 5592 |
| **Egypt Government International Bond** <br>21.954% due 03/04/2028 | 12100 | 241 |
| **France Government International Bond** <br>3.250% due 05/25/2055 | 600 | 611 |
| **Japan Government International Bond** <br>2.400% due 03/20/2055 | 460000 | 2935 |
| **Mexican Bonos** <br>8.500% due 03/01/2029 | 44000 | 2342 |

---

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<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mexican** **Udibonos**  |  |  |
| 4.000% due 11/30/2028 (e)  | 486 | 25 |
| 4.000% due 08/24/2034 (e)  | 133 | 7 |
| **Peru Government International Bond** <br>5.400% due 08/12/2034 | 3100 | 828 |
| **Province of Quebec** <br>3.600% due 09/01/2033 | 4900 | 3597 |
| **Republic of South Africa Government International Bond** <br>8.875% due 02/28/2035 | 17600 | 928 |
| **Spain Government International Bond** <br>0.700% due 04/30/2032 | 1800 | 1850 |
| Total Sovereign Issues (Cost $18,024) |  | 18956 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 1.7%**  |  |  |
| **MUTUAL FUNDS 1.4%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br>4.380% (g) | 4074130 | 4074 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 0.3%**  |  |  |
| 4.288% due 07/03/2025 - 10/07/2025 (c)(d) | $863 | 857 |
| Total Short-Term Instruments (Cost $4,931) |  | 4931 |
| Total Investments in Securities (Cost $119,036) |  | 119154 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 72.3%**  |  |  |
| **MUTUAL FUNDS (f) 39.2%**  |  |  |
| **PIMCO Income Fund**  | 2536389 | 27317 |
| **PIMCO International Bond Fund (U.S. Dollar-Hedged)**  | 6049163 | 60129 |
| **PIMCO Total Return Fund**  | 3496002 | 30345 |
| Total Mutual Funds (Cost $117,117) |  | 117791 |
| **SHORT-TERM INSTRUMENTS 33.1%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 33.1%**  |  |  |
| **PIMCO Short Asset Portfolio** | 5309928 | 52016 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 4877030 | 47488 |
| Total Short-Term Instruments (Cost $99,279) |  | 99504 |
| Total Investments in Affiliates (Cost $216,396) |  | 217295 |
| Total Investments 112.1% (Cost $335,432) |  | $336449 |
| **Financial Derivative Instruments (i)(k) 1.5**%(Cost or Premiums, net $6,795) |  | 4408 |
| Other Assets and Liabilities, net (13.6)% |  | (40710) |
| Net Assets 100.0% |  | $300147 |

---

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<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(b)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** |
| **(g)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% | U.S. Government Agencies (2.2)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 08/01/2055 | 6000 | $(4720) | (4720) | $(4753) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 08/01/2055 | 2400 | (1975) | (1975) | (1991) |
| **Total Short Sales (2.2)%** | **Total Short Sales (2.2)%** | **Total Short Sales (2.2)%** | **Total Short Sales (2.2)%** |  |  | $**(6695)** | **(6695)** | $**(6744)** |
| **(h)** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** | **Securities with an aggregate market value of $1 have been pledged as collateral as of June 30, 2025 for equity short sales and equity options as governed by prime brokerage agreements and agreements governing listed equity option transactions.** |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** |
| Description | Strike<br>Value | Strike<br>Value | Expiration<br>Date | # of<br>Contracts | Cost | Cost |  | Market<br>Value |
| Put - CBOE S&P 500  | $5950.000 | 5950.000 | 07/18/2025 | 21 | $155 | 155 | $ | 29 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**155** | **155** | **$** | **29** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** | **OPTIONS ON INDEXES** |
| Description | Strike<br>Value | Strike<br>Value | Expiration<br>Date | # of<br>Contracts | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE S&P 500  | $5600.000 | 5600.000 | 07/18/2025 | 21 | $(54) | (54) | $ | (7) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(54)** | **(54)** | **$** | **(7)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset |  | Liability |
| Aluminum July Futures  | 13 | $844 | 844 | $38 | $ | 0 | $ | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Aluminum September Futures  | 09/2025 | 9 | 585 | 16 | 0 | 0 | (1) |
| Arabica Coffee December Futures  | 12/2025 | 3 | 331 | (51) | 0 | 0 | (3) |
| Australia Government 10-Year Bond September Futures  | 09/2025 | 34 | 2411 | 8 | 0 | 0 | (2) |
| Brent Crude March Futures  | 01/2026 | 6 | 388 | (7) | 0 | 0 | (1) |
| Canada Government 5-Year Bond September Futures  | 09/2025 | 47 | 3938 | 25 | 4 | 4 | 0 |
| Canada Government 10-Year Bond September Futures  | 09/2025 | 14 | 1254 | 11 | 3 | 3 | 0 |
| Cocoa September Futures  | 09/2025 | 2 | 180 | (1) | 2 | 2 | 0 |
| Euro-Bobl September Futures  | 09/2025 | 37 | 5129 | (23) | 3 | 3 | (11) |
| Euro-BTP September Futures  | 09/2025 | 38 | 5416 | 10 | 9 | 9 | (10) |
| Euro-Schatz September Futures  | 09/2025 | 4 | 505 | (1) | 0 | 0 | 0 |
| Gas Oil December Futures  | 12/2025 | 7 | 441 | 16 | 0 | 0 | 0 |
| Gold 100 oz. December Futures  | 12/2025 | 2 | 673 | (3) | 4 | 4 | 0 |
| Iron Ore September Futures  | 09/2025 | 26 | 244 | (3) | 0 | 0 | (1) |
| Lead July Futures  | 07/2025 | 7 | 355 | 17 | 0 | 0 | 0 |
| Live Cattle October Futures  | 10/2025 | 8 | 673 | (3) | 1 | 1 | 0 |
| New York Harbor December Futures  | 11/2025 | 5 | 461 | 22 | 4 | 4 | 0 |
| Nickel July Futures  | 07/2025 | 6 | 542 | (27) | 0 | 0 | 0 |
| Nickel September Futures  | 09/2025 | 3 | 274 | (1) | 2 | 2 | 0 |
| Platinum October Futures  | 10/2025 | 5 | 336 | 41 | 0 | 0 | (2) |
| RBOB Gasoline December Futures  | 11/2025 | 6 | 457 | 6 | 0 | 0 | 0 |
| Silver September Futures  | 09/2025 | 4 | 723 | 40 | 0 | 0 | (4) |
| Soybean Meal December Futures  | 12/2025 | 39 | 1128 | (59) | 3 | 3 | 0 |
| Soybean November Futures  | 11/2025 | 12 | 616 | (10) | 1 | 1 | 0 |
| Soybean Oil January Futures  | 01/2026 | 2 | 63 | 0 | 0 | 0 | 0 |
| U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 37 | 4272 | 108 | 37 | 37 | 0 |
| United Kingdom Long Gilt September Futures  | 09/2025 | 14 | 1788 | 31 | 2 | 2 | (6) |
| WTI Crude December Futures  | 11/2025 | 6 | 370 | 5 | 0 | 0 | (1) |
| Zinc July Futures  | 07/2025 | 8 | 550 | 3 | 0 | 0 | 0 |
| Zinc September Futures  | 09/2025 | 5 | 344 | 11 | 0 | 0 | (3) |
|  |  |  |  | $ | 75 | $ | (45) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Aluminum July Futures  | 07/2025 | 13 | $(844) | (53) | $0 | 0 | $0 |
| Aluminum September Futures  | 09/2025 | 10 | (650) | (30) | 0 | 0 | (1) |
| Arabica Coffee September Futures  | 09/2025 | 1 | (113) | 27 | 1 | 1 | 0 |
| Australia Government 10-Year Bond September Futures  | 09/2025 | 49 | (3696) | (33) | 17 | 17 | 0 |
| Copper September Futures  | 09/2025 | 1 | (127) | (3) | 1 | 1 | 0 |
| Corn December Futures  | 12/2025 | 34 | (723) | 27 | 3 | 3 | 0 |
| Corn September Futures  | 09/2025 | 53 | (1085) | 55 | 6 | 6 | 0 |
| Cotton No. 2 December Futures  | 12/2025 | 21 | (715) | 2 | 12 | 12 | 0 |
| E-Mini S&P 500 Index September Futures  | 09/2025 | 4 | (1251) | 0 | 0 | 0 | 0 |
| Euro-Bund September Futures  | 09/2025 | 29 | (4446) | 35 | 13 | 13 | (1) |
| Euro-Oat September Futures  | 09/2025 | 2 | (292) | 2 | 1 | 1 | 0 |
| Hard Red Winter Wheat December Futures  | 12/2025 | 13 | (358) | 24 | 4 | 4 | 0 |
| Hard Red Winter Wheat September Futures  | 09/2025 | 8 | (211) | 7 | 3 | 3 | 0 |
| Japan Government 10-Year Bond September Futures  | 09/2025 | 12 | (11585) | (29) | 16 | 16 | 0 |
| Lead July Futures  | 07/2025 | 7 | (355) | 1 | 0 | 0 | 0 |
| Lead September Futures  | 09/2025 | 6 | (307) | (10) | 0 | 0 | (10) |
| Lean Hogs October Futures  | 10/2025 | 11 | (407) | 4 | 10 | 10 | 0 |
| Mini MSCI Emerging Markets Index September Futures  | 09/2025 | 4 | (247) | (1) | 0 | 0 | (1) |
| Natural Gas January Futures  | 12/2025 | 6 | (291) | 7 | 15 | 15 | 0 |
| Natural Gas September Futures  | 08/2025 | 24 | (838) | 66 | 63 | 63 | 0 |
| Nickel July Futures  | 07/2025 | 6 | (542) | 24 | 0 | 0 | 0 |
| Nickel September Futures  | 09/2025 | 2 | (182) | 5 | 2 | 2 | 0 |
| Robusta Coffee September Futures  | 09/2025 | 1 | (36) | 11 | 0 | 0 | 0 |
| Soybean January Futures  | 01/2026 | 7 | (365) | 2 | 0 | 0 | (1) |
| Soybean Meal January Futures  | 01/2026 | 14 | (410) | 17 | 0 | 0 | (2) |
| Soybean Oil December Futures  | 12/2025 | 3 | (95) | (10) | 0 | 0 | 0 |
| STOXX Europe 600 Price Index September Futures  | 09/2025 | 8 | (256) | 0 | 0 | 0 | 0 |
| Sugar No. 11 March Futures  | 02/2026 | 5 | (95) | 1 | 2 | 2 | 0 |
| Sugar No. 11 October Futures  | 09/2025 | 10 | (181) | 13 | 6 | 6 | 0 |
| U.S. Treasury 2-Year Note September Futures  | 09/2025 | 97 | (20178) | (90) | 0 | 0 | (5) |
| U.S. Treasury 5-Year Note September Futures  | 09/2025 | 135 | (14715) | (162) | 0 | 0 | (18) |
| U.S. Treasury 10-Year Note September Futures  | 09/2025 | 13 | (1458) | (21) | 0 | 0 | (4) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 26 | (3097) | (132) | 0 | 0 | (35) |
| Wheat December Futures  | 12/2025 | 10 | (280) | 8 | 1 | 1 | 0 |
| Wheat September Futures  | 09/2025 | 13 | (350) | 1 | 2 | 2 | 0 |
| White Sugar October Futures  | 09/2025 | 3 | (70) | 3 | 1 | 1 | 0 |
| Zinc July Futures  | 07/2025 | 8 | (550) | (9) | 0 | 0 | 0 |
| Zinc September Futures  | 09/2025 | 8 | (551) | (11) | 0 | 0 | (3) |
|  |  |  |  | $ | 179 | $ | (81) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **$** | **254** | **$** | **(126)** |

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<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| CDX.IG-43 10-Year Index  | CDX.IG-43 10-Year Index  | (1.000)% | (1.000)% | Quarterly | 12/20/2034 | 12/20/2034 | 1200 | (10) | (2) | (12) | 0 | (1) |
| CDX.IG-44 10-Year Index  | CDX.IG-44 10-Year Index  | (1.000) | (1.000) | Quarterly | 06/20/2035 | 06/20/2035 | 6100 | (12) | (35) | (47) | 0 | (5) |
| CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | (5.000) | (5.000) | Quarterly | 06/20/2030 | 06/20/2030 | 90 | (8) | (2) | (10) | 0 | (1) |
|  |  |  |  |  |  |  |  | (30) | (39) | (69) | 0 | (7) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000% | 1.000% | Quarterly | 12/20/2029 | 12/20/2029 | 1100 | 25 | 0 | 25 | 1 | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | Quarterly | 06/20/2030 | 06/20/2030 | 8200 | 144 | 40 | 184 | 4 | 0 |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | 1.000 | 1.000 | Quarterly | 06/20/2030 | 06/20/2030 | 200 | 4 | 1 | 5 | 0 | 0 |
|  |  |  |  |  |  |  |  | 173 | 41 | 214 | 5 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 4.400% | 4.400% | Annual | 02/10/2026 | 9300 | $47 | $(16) | 31 | $1 | $0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | Annual | 03/19/2027 | 3200 | (8) | 7 | (1) | 0 | 0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | Annual | 03/19/2030 | 3800 | (97) | 50 | (47) | 0 | 0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 4.320 | 4.320 | Annual | 10/20/2033 | 95 | (1) | 5 | 4 | 0 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | Annual | 03/19/2035 | 2800 | 183 | (26) | 157 | 1 | 0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | Annual | 03/19/2055 | 300 | (52) | 3 | (49) | 0 | (1) |
| Pay<sup>(5)</sup> | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.000 | 6.000 | Semi-Annual | 09/17/2030 | 202610 | 27 | 0 | 27 | 0 | (3) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | 06/18/2027 | 510000 | 7 | 12 | 19 | 0 | (1) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.600 | 0.600 | Annual | 09/18/2029 | 690000 | 20 | 25 | 45 | 4 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | Annual | 06/18/2030 | 260700 | 7 | 1 | 8 | 0 | (2) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.250 | 1.250 | Annual | 06/18/2032 | 660000 | 92 | (20) | 72 | 0 | (8) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.250 | 1.250 | Annual | 06/18/2035 | 290000 | 0 | 6 | 6 | 0 | (5) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.300 | 1.300 | Annual | 12/18/2044 | 260000 | (91) | (78) | (169) | 0 | (10) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 2.000 | 2.000 | Annual | 06/18/2045 | 20400 | (8) | 6 | (2) | 1 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 2.000 | 2.000 | Annual | 06/18/2055 | 120000 | 30 | 9 | 39 | 7 | 0 |
| Receive<sup>(5)</sup> | 1-Day SGD-SIBCSORA Compounded-OIS | 1-Day SGD-SIBCSORA Compounded-OIS | 2.500 | 2.500 | Semi-Annual | 09/17/2030 | 200 | (2) | (4) | (6) | 0 | 0 |
| Receive<sup>(5)</sup> | 1-Day THB-THOR Compounded-OIS | 1-Day THB-THOR Compounded-OIS | 2.000 | 2.000 | Quarterly | 09/17/2030 | 78000 | (25) | (58) | (83) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | 06/18/2030 | $7000 | (120) | 63 | (57) | 12 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.100 | 4.100 | Annual | 02/11/2026 | 29700 | 37 | 1 | 38 | 0 | 0 |

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------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2027 |  | 9500 | (67) | 19 | (48) | 4 | 0 |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 09/17/2027 |  | 7800 | (23) | (37) | (60) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.807 | Annual | 05/31/2028 |  | 5100 | 0 | (55) | (55) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.150 | Annual | 11/30/2028 |  | 7800 | (3) | (174) | (177) | 0 | (8) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 11/30/2029 |  | 3908 | (5) | (36) | (41) | 0 | (6) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 09/17/2030 |  | 300 | (3) | (2) | (5) | 0 | (1) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2031 |  | 23200 | (98) | 346 | 248 | 55 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/20/2033 |  | 10490 | 620 | (480) | 140 | 0 | (35) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 |  | 14800 | 338 | (468) | (130) | 0 | (52) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 |  | 4130 | (11) | (72) | (83) | 0 | (16) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 |  | 1400 | (79) | 28 | (51) | 5 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 |  | 4600 | 225 | (53) | 172 | 0 | (18) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 09/17/2035 |  | 1400 | 2 | (10) | (8) | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 |  | 700 | 137 | 119 | 256 | 0 | (4) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 |  | 4268 | (8) | (104) | (112) | 0 | (36) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.750 | Annual | 06/21/2053 |  | 3300 | 271 | 399 | 670 | 0 | (22) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.830 | Annual | 10/12/2053 |  | 167 | (1) | (3) | (4) | 1 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 12/20/2053 |  | 1900 | 125 | 111 | 236 | 0 | (14) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 8500 | 16 | (638) | (622) | 65 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2054 |  | 2672 | 141 | 67 | 208 | 0 | (21) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.866 | Annual | 02/15/2055 |  | 730 | 0 | 7 | 7 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 |  | 4900 | 613 | (21) | 592 | 0 | (37) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.427 | Annual | 03/20/2055 |  | 8900 | (12) | 111 | 99 | 0 | (16) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2055 |  | 1000 | (137) | 20 | (117) | 8 | 0 |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 09/17/2055 |  | 700 | (71) | 22 | (49) | 6 | 0 |
| Pay | 1-Year BRL-CDI | 13.926 | Maturity | 01/04/2027 | BRL | 1500 | 0 | (1) | (1) | 0 | 0 |
| Pay | 1-Year BRL-CDI | 13.927 | Maturity | 01/04/2027 |  | 14000 | 0 | (7) | (7) | 1 | 0 |
| Receive | 1-Year BRL-CDI | 9.955 | Maturity | 01/02/2029 |  | 4600 | 79 | (7) | 72 | 0 | (5) |
| Pay | 1-Year BRL-CDI | 12.000 | Maturity | 01/02/2029 |  | 5321 | 0 | (21) | (21) | 5 | 0 |
| Receive | 1-Year BRL-CDI | 12.380 | Maturity | 01/02/2029 |  | 5600 | 0 | 15 | 15 | 0 | (5) |
| Pay | 1-Year BRL-CDI | 13.291 | Maturity | 01/02/2029 |  | 9000 | 0 | 14 | 14 | 13 | 0 |
| Pay | 1-Year BRL-CDI | 13.320 | Maturity | 01/02/2029 |  | 1000 | 0 | 2 | 2 | 2 | 0 |
| Pay | 1-Year BRL-CDI | 14.880 | Maturity | 01/02/2029 |  | 8300 | 0 | 61 | 61 | 7 | 0 |
| Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 | AUD | 2100 | 26 | 24 | 50 | 0 | (4) |
| Receive<sup>(5)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 09/17/2030 | CNY | 35340 | 39 | (44) | (5) | 3 | 0 |
| Pay | 3-Month COP-IBR Compounded-OIS | 7.765 | Quarterly | 11/13/2029 | COP | 12616100 | (5) | (93) | (98) | 0 | (1) |
| Receive | 3-Month COP-IBR Compounded-OIS | 8.620 | Quarterly | 01/23/2030 |  | 13475900 | (13) | 15 | 2 | 1 | 0 |
| Receive | 3-Month ILS-TELBOR | 0.000 | Annual | 07/21/2025 | ILS | 25400 | 1 | 84 | 85 | 1 | 0 |
| Pay | 3-Month ILS-TELBOR | 0.000 | Annual | 07/21/2025 |  | 25400 | (1) | (84) | (85) | 0 | (1) |
| Receive | 3-Month ILS-TELBOR | 3.920 | Annual | 04/21/2030 |  | 25400 | 4 | (35) | (31) | 0 | (10) |
| Receive<sup>(5)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2030 | KRW | 1930950 | 5 | (6) | (1) | 0 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.750 | Quarterly | 03/20/2029 | ZAR | 34500 | 61 | 45 | 106 | 4 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.649 | Quarterly | 04/03/2029 |  | 21900 | 45 | 21 | 66 | 3 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/20/2034 | AUD | 7100 | 52 | 132 | 184 | 0 | (9) |
| Receive | 6-Month CLP-CHILIBOR | 5.070 | Semi-Annual | 03/04/2026 | CLP | 3600000 | 0 | (11) | (11) | 0 | (1) |
| Pay | 6-Month CLP-CHILIBOR | 5.025 | Semi-Annual | 03/18/2026 |  | 3600000 | 0 | 9 | 9 | 1 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 4.390 | Semi-Annual | 10/01/2029 |  | 326500 | (1) | (2) | (3) | 0 | 0 |
| Pay | 6-Month CLP-CHILIBOR | 5.365 | Semi-Annual | 01/23/2030 |  | 1344000 | 0 | 47 | 47 | 1 | 0 |
| Receive | 6-Month CLP-CHILIBOR | 5.455 | Semi-Annual | 01/27/2030 |  | 1353300 | (48) | (5) | (53) | 0 | (1) |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 6-Month CZK-PRIBOR | 6-Month CZK-PRIBOR | 5.225 | Annual | Annual | 07/29/2027 | CZK | 60 |  | 0 |  | 0 |  | 0 |  | 0 | 0 |  | 0 |
| Pay | Pay | 6-Month CZK-PRIBOR | 6-Month CZK-PRIBOR | 3.534 | Annual | Annual | 03/21/2029 |  | 114600 |  | (8) |  | (4) |  | (12) |  | 0 | 0 |  | (14) |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.000 | Annual | Annual | 09/17/2027 | EUR | 2600 |  | (9) |  | 8 |  | (1) |  | 1 | 1 |  | 0 |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2030 |  | 9300 |  | 40 |  | (24) |  | 16 |  | 10 | 10 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 0.081 | Annual | Annual | 02/15/2031 |  | 8700 |  | (891) |  | (413) |  | (1304) |  | 0 | 0 |  | (11) |
| Pay<sup>(5)</sup> | Pay<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2035 |  | 6030 |  | (235) |  | 4 |  | (231) |  | 1 | 1 |  | (10) |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | Annual | Annual | 09/17/2055 |  | 3660 |  | 321 |  | 127 |  | 448 |  | 16 | 16 |  | 0 |
| Pay | Pay | 6-Month HUF-BBR | 6-Month HUF-BBR | 6.200 | Annual | Annual | 03/20/2029 | HUF | 817500 |  | (19) |  | 28 |  | 9 |  | 2 | 2 |  | 0 |
| Receive | Receive | 6-Month PLN-WIBOR | 6-Month PLN-WIBOR | 5.020 | Annual | Annual | 03/21/2029 | PLN | 34300 |  | (36) |  | (200) |  | (236) |  | 4 | 4 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.835 | Lunar | Lunar | 12/23/2025 | MXN | 13700 |  | 0 |  | 3 |  | 3 |  | 0 | 0 |  | 0 |
| Pay<sup>(5)</sup> | Pay<sup>(5)</sup> | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.835 | Lunar | Lunar | 03/13/2029 |  | 13700 |  | (5) |  | 27 |  | 22 |  | 2 | 2 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 9.050 | Lunar | Lunar | 12/12/2029 |  | 12800 |  | 35 |  | 2 |  | 37 |  | 2 | 2 |  | 0 |
| Receive | Receive | CAONREPO | CAONREPO | 3.500 | Semi-Annual | Semi-Annual | 12/18/2026 | CAD | 2100 |  | (25) |  | 2 |  | (23) |  | 0 | 0 |  | 0 |
| Receive | Receive | CAONREPO | CAONREPO | 3.000 | Semi-Annual | Semi-Annual | 06/18/2030 |  | 9100 |  | (141) |  | 18 |  | (123) |  | 0 | 0 |  | (8) |
| Receive | Receive | CAONREPO | CAONREPO | 2.750 | Semi-Annual | Semi-Annual | 03/19/2035 |  | 3100 |  | 87 |  | (48) |  | 39 |  | 0 | 0 |  | (8) |
| Pay | Pay | CAONREPO | CAONREPO | 3.250 | Semi-Annual | Semi-Annual | 06/18/2055 |  | 200 |  | 4 |  | (2) |  | 2 |  | 1 | 1 |  | 0 |
|  |  |  |  |  |  |  |  |  | $ | $1378 | 1378 | $(1237) | (1237) | $141 | 141 | $252 | 252 | 252 | $(424) | (424) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**1521** | **1521** | $**(1235)** | **(1235)** | $**286** | **286** | $**257** | **257** | **257** | $**(431)** | **(431)** |
| **(j)** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $995 and cash of $5,136 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | AUD | 1511 | 1511 | 1511 | $ | $982 | 982 | 982 | 0 | 0 | 0 | 0 | $(13) | (13) | (13) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNH | 2878 | 2878 | 2878 |  | 399 | 399 | 399 | 0 | 0 | 0 | 0 | (3) | (3) | (3) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 287 | 287 | 287 |  | 336 | 336 | 336 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $331 | 331 | 331 | NZD | 549 | 549 | 549 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 9097 | 9097 | 9097 | $ | $1270 | 1270 | 1270 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 549 | 549 | 549 |  | 331 | 331 | 331 | 0 | 0 | 0 | 0 | (4) | (4) | (4) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $982 | 982 | 982 | AUD | 1511 | 1511 | 1511 | 13 | 13 | 13 | 13 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 337 | 337 | 337 | EUR | 287 | 287 | 287 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | AUD | 135 | 135 | 135 | $ | $88 | 88 | 88 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 6392 | 6392 | 6392 |  | 7268 | 7268 | 7268 | 0 | 0 | 0 | 0 | (262) | (262) | (262) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PHP | 14010 | 14010 | 14010 |  | 245 | 245 | 245 | 0 | 0 | 0 | 0 | (4) | (4) | (4) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PLN | 208 | 208 | 208 |  | 57 | 57 | 57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $203 | 203 | 203 | IDR | 3314013 | 3314013 | 3314013 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 502 | 502 | 502 | KRW | 684858 | 684858 | 684858 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 37 | 37 | 37 | SGD | 48 | 48 | 48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 13069 | 13069 | 13069 | $ | $1827 | 1827 | 1827 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CZK | 6097 | 6097 | 6097 |  | 289 | 289 | 289 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | SGD | 47 | 47 | 47 |  | 37 | 37 | 37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 14 | 14 | 14 |  | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  | 09/2025  | $ | $399 | 399 | 399 | PEN | 1457 | 1457 | 1457 | 12 | 12 | 12 | 12 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 2326 | 2326 | 2326 | $ | $426 | 426 | 426 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | IDR | 1576821 | 1576821 | 1576821 |  | 97 | 97 | 97 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | JPY | 22700 | 22700 | 22700 |  | 159 | 159 | 159 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | 99 | 99 | 99 |  | 3 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | TWD | 20961 | 20961 | 20961 |  | 675 | 675 | 675 | 0 | 0 | 0 | 0 | (47) | (47) | (47) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $408 | 408 | 408 | BRL | 2326 | 2326 | 2326 | 20 | 20 | 20 | 20 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 664 | 664 | 664 | EUR | 574 | 574 | 574 | 12 | 12 | 12 | 12 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 164 | 164 | 164 | IDR | 2668683 | 2668683 | 2668683 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 20 | 20 | 20 | THB | 655 | 655 | 655 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 77 | 77 | 77 | TWD | 2305 | 2305 | 2305 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 5506 | 5506 | 5506 | $ | $771 | 771 | 771 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CZK | 405 | 405 | 405 |  | 18 | 18 | 18 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 82812 | 82812 | 82812 |  | 2543 | 2543 | 2543 | 0 | 0 | 0 | 0 | (336) | (336) | (336) |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | $388 | 2827 | 8 | 0 |
|  | 08/2025  | 346 | 30078 | 4 | 0 |
|  | 08/2025  | 1542 | 50663 | 219 | 0 |
|  | 10/2025  | 8200 | $1371 | 0 | (103) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1040 | 1191 | 0 | (34) |
|  | 07/2025  | 5950 | 1711 | 0 | (55) |
|  | 07/2025  | 23340 | 17 | 0 | 0 |
|  | 07/2025  | 303 | 30 | 0 | 0 |
|  | 07/2025  | 19868 | 488 | 0 | (6) |
|  | 07/2025  | 3344 | 115 | 0 | 0 |
|  | 07/2025  | $3121 | 2294 | 28 | 0 |
|  | 07/2025  | 794 | 2679 | 2 | 0 |
|  | 07/2025  | 1 | 138 | 0 | 0 |
|  | 07/2025  | 55 | 205 | 2 | 0 |
|  | 07/2025  | 55 | 2521 | 8 | 0 |
|  | 07/2025  | 2252 | $125 | 0 | (2) |
|  | 08/2025  | 5466 | 760 | 0 | (7) |
|  | 08/2025  | 4000 | 180 | 0 | (11) |
|  | 08/2025  | 2294 | 3121 | 0 | (28) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | $130 | 851 | 5 | 0 |
|  | 09/2025  | 8394 | $2291 | 0 | (73) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 3377 | 619 | 0 | (3) |
|  | 07/2025  | 237 | 291 | 0 | (8) |
|  | 07/2025  | 295873 | 315 | 0 | (2) |
|  | 07/2025  | 284 | 325 | 0 | (10) |
|  | 07/2025  | 8798212 | 542 | 0 | (1) |
|  | 07/2025  | 2031764 | 1481 | 0 | (21) |
|  | 07/2025  | 1478 | 414 | 0 | (3) |
|  | 07/2025  | 5161 | 155 | 0 | (4) |
|  | 07/2025  | 20786 | 638 | 0 | (77) |
|  | 07/2025  | $582 | 3377 | 40 | 0 |
|  | 07/2025  | 1030 | 7387 | 1 | 0 |
|  | 07/2025  | 552 | 478 | 11 | 0 |
|  | 07/2025  | 1875 | 55700 | 43 | 0 |
|  | 08/2025  | 916 | $127 | 0 | (1) |
|  | 08/2025  | 11613547 | 2785 | 0 | (43) |
|  | 08/2025  | 39356 | 1213 | 0 | (155) |
|  | 08/2025  | $593 | 4295 | 9 | 0 |
|  | 08/2025  | 2591 | 223332 | 10 | (1) |
|  | 08/2025  | 203 | 731 | 3 | 0 |
|  | 08/2025  | 513 | 16766 | 70 | 0 |
|  | 09/2025  | 414 | 1481 | 3 | 0 |
|  | 11/2025  | 1281 | $350 | 0 | (10) |
|  | 02/2026  | 628 | 171 | 0 | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; CIB | 07/2025  | 279 | 51 | 0 | 0 |
|  | 07/2025  | $50 | 279 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 641 | $101 | 0 | (1) |
|  | 07/2025  | 2706 | 781 | 0 | (23) |
|  | 07/2025  | 27272 | 20 | 0 | 0 |
|  | 07/2025  | $7731 | 6664 | 119 | 0 |
|  | 07/2025  | 17 | 271599 | 0 | 0 |
|  | 07/2025  | 194 | 5765 | 4 | 0 |
|  | 08/2025  | 2150 | $297 | 0 | (4) |
|  | 08/2025  | 6650 | 7731 | 0 | (119) |
|  | 08/2025  | $101 | 639 | 1 | 0 |
|  | 08/2025  | 1201 | 103637 | 6 | 0 |
|  | 09/2025  | 774 | 14887 | 13 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 11291 | $1996 | 0 | (82) |
|  | 07/2025  | 1238 | 1504 | 0 | (57) |
|  | 07/2025  | 1464 | 204 | 0 | (1) |
|  | 07/2025  | 871 | 137 | 0 | (1) |
|  | 07/2025  | 2786 | 50 | 1 | 0 |
|  | 07/2025  | 992 | 269 | 0 | (6) |
|  | 07/2025  | 7 | 6 | 0 | 0 |
|  | 07/2025  | $1062 | 1646 | 21 | 0 |
|  | 07/2025  | 2069 | 11291 | 9 | 0 |
|  | 07/2025  | 1840 | 1473 | 17 | 0 |
|  | 07/2025  | 1525 | 220890 | 11 | (2) |
|  | 07/2025  | 330 | 3164 | 4 | 0 |
|  | 07/2025  | 30 | 38 | 0 | 0 |
|  | 08/2025  | 1467 | $1840 | 0 | (17) |
|  | 08/2025  | 5811 | 812 | 0 | (3) |
|  | 08/2025  | 144264 | 995 | 0 | (11) |
|  | 08/2025  | 38 | 30 | 0 | 0 |
|  | 08/2025  | $137 | 869 | 1 | 0 |
|  | 08/2025  | 574 | 49636 | 4 | 0 |
|  | 09/2025  | 33504 | $1721 | 0 | (50) |
|  | 09/2025  | $621 | 3481 | 10 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 1596 | $292 | 0 | (1) |
|  | 07/2025  | 675705 | 41 | 0 | 0 |
|  | 07/2025  | 2937 | 694 | 0 | (3) |
|  | 07/2025  | 1619 | 40 | 0 | 0 |
|  | 07/2025  | 18387 | 565 | 0 | (68) |
|  | 07/2025  | $288 | 1596 | 6 | 0 |
|  | 07/2025  | 12 | 15 | 0 | 0 |
|  | 07/2025  | 151 | 2681 | 1 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 84128 | $232 | 0 | (15) |
|  | 08/2025  | 15 | 12 | 0 | 0 |
|  | 09/2025  | 1621 | 288 | 0 | (6) |
|  | 10/2025  | 22600 | 3711 | 0 | (354) |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | 3168 | 335 | 0 | 0 |
|  | 08/2025  | 37615 | 1146 | 0 | (162) |
|  | 08/2025  | $335 | 3162 | 0 | 0 |
|  | 08/2025  | 317 | 10346 | 43 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 1982 | $363 | 0 | (2) |
|  | 07/2025  | 2774 | 384 | 0 | (4) |
|  | 07/2025  | 140630 | 103 | 0 | (1) |
|  | 07/2025  | 549 | 328 | 0 | (7) |
|  | 07/2025  | 15502 | 278 | 2 | 0 |
|  | 07/2025  | 1789 | 484 | 0 | (12) |
|  | 07/2025  | 330 | 257 | 0 | (3) |
|  | 07/2025  | 12793 | 393 | 0 | (47) |
|  | 07/2025  | $339 | 1982 | 26 | 0 |
|  | 07/2025  | 100 | 660 | 4 | 0 |
|  | 07/2025  | 555 | 2085 | 23 | 0 |
|  | 07/2025  | 24 | 31 | 0 | 0 |
|  | 07/2025  | 98 | 2904 | 2 | 0 |
|  | 07/2025  | 639 | $36 | 0 | 0 |
|  | 08/2025  | 8515 | 1188 | 0 | (6) |
|  | 08/2025  | 31 | 24 | 0 | 0 |
|  | 08/2025  | 14035 | 430 | 0 | (58) |
|  | 08/2025  | $820 | 4491 | 0 | 0 |
|  | 08/2025  | 387 | 33546 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 2314 | $1685 | 0 | (15) |
|  | 07/2025  | 1330 | 185 | 0 | (2) |
|  | 07/2025  | 345 | 467 | 0 | (6) |
|  | 07/2025  | 20962 | 2680 | 6 | 0 |
|  | 07/2025  | 567372 | 35 | 0 | 0 |
|  | 07/2025  | 8751 | 157 | 1 | 0 |
|  | 07/2025  | 794 | 619 | 0 | (6) |
|  | 07/2025  | 2591 | 78 | 0 | (2) |
|  | 07/2025  | 8564 | 263 | 0 | (32) |
|  | 07/2025  | $1684 | 2315 | 16 | 0 |
|  | 07/2025  | 337 | 287 | 2 | 0 |
|  | 07/2025  | 9 | 153170 | 0 | 0 |
|  | 07/2025  | 622 | 89438 | 0 | (1) |
|  | 07/2025  | 398 | 1491 | 15 | 0 |
|  | 07/2025  | 641 | 829 | 11 | 0 |
|  | 07/2025  | 6 | 168 | 0 | 0 |
|  | 08/2025  | 2311 | $1684 | 0 | (16) |
|  | 08/2025  | 1333 | 185 | 0 | (2) |
|  | 08/2025  | 827 | 641 | 0 | (11) |
|  | 08/2025  | 21602 | 686 | 0 | (65) |
|  | 08/2025  | $5679 | 40756 | 36 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 925 | $679 | 0 | (1) |
|  | 07/2025  | 420400 | 2907 | 0 | (13) |
|  | 07/2025  | 5 | 1 | 0 | 0 |
|  | 07/2025  | $346 | 50411 | 4 | 0 |
|  | 07/2025  | 284 | 2863 | 0 | 0 |
|  | 08/2025  | 5923 | $827 | 0 | (3) |
|  | 08/2025  | 48513 | 334 | 0 | (4) |
|  | 08/2025  | 2863 | 284 | 0 | 0 |
|  | 10/2025  | 700 | 115 | 0 | (11) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 8087294 | 496 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | 07/2025  | 213 | 50 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 7404 | 1034 | 0 | 0 |
|  | 07/2025  | 3142459 | 193 | 0 | (1) |
|  | 07/2025  | 41 | 12 | 0 | 0 |
|  | 07/2025  | 592 | 20 | 0 | 0 |
|  | 07/2025  | $4 | 542 | 0 | 0 |
|  | 07/2025  | 128 | 165 | 2 | 0 |
|  | 07/2025  | 1946 | 57246 | 25 | 0 |
|  | 08/2025  | 10205 | $1429 | 0 | (3) |
|  | 08/2025  | 540 | 4 | 0 | 0 |
|  | 08/2025  | 165 | 128 | 0 | (2) |
|  | 08/2025  | 4891 | 150 | 0 | (20) |
|  | 08/2025  | $485 | 3504 | 6 | 0 |
|  | 08/2025  | 1034 | 7385 | 1 | 0 |
|  | 08/2025  | 405 | 34773 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 557 | 80365 | 1 | 0 |
|  | 07/2025  | 30 | 298 | 0 | 0 |
|  | 08/2025  | 3971 | $11 | 0 | (1) |
|  | 08/2025  | 80070 | 557 | 0 | (1) |
|  | 08/2025  | 298 | 30 | 0 | 0 |
|  | 08/2025  | $2 | 200 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 1586 | $286 | 0 | (6) |
|  | 07/2025  | 1949 | 2638 | 0 | (36) |
|  | 07/2025  | 497586 | 365 | 0 | (3) |
|  | 07/2025  | $596 | 3318 | 15 | 0 |
|  | 07/2025  | 401 | 1478 | 16 | 0 |
|  | 09/2025  | 1048772 | $253 | 0 | (1) |
|  | 11/2025  | 618 | 168 | 0 | (6) |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 07/2025  | CLP | CLP | 759446 | 759446 |  |  | 809 | 809 | 809 | 809 | 809 |  | 0 | 0 | 0 |  |  | (6) | (6) | (6) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ILS | ILS | 409 | 409 |  |  | 114 | 114 | 114 | 114 | 114 |  | 0 | 0 | 0 |  |  | (8) | (8) | (8) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | KRW | 23292 | 23292 |  |  | 17 | 17 | 17 | 17 | 17 |  | 0 | 0 | 0 |  |  | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | NOK | 2859 | 2859 |  |  | 281 | 281 | 281 | 281 | 281 |  | 0 | 0 | 0 |  |  | (2) | (2) | (2) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | THB | 411 | 411 |  |  | 12 | 12 | 12 | 12 | 12 |  | 0 | 0 | 0 |  |  | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $ | 175 | 175 | CLP | CLP | 163382 | 163382 | 163382 | 163382 | 163382 |  | 1 | 1 | 1 |  |  | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  |  | 8 | 8 | JPY | JPY | 1122 | 1122 | 1122 | 1122 | 1122 |  | 0 | 0 | 0 |  |  | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  |  | 17 | 17 | KRW | KRW | 23303 | 23303 | 23303 | 23303 | 23303 |  | 0 | 0 | 0 |  |  | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | CNH | 2117 | 2117 | $ | $ | 296 | 296 | 296 | 296 | 296 |  | 0 | 0 | 0 |  |  | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $ | 321 | 321 | CNH | CNH | 2333 | 2333 | 2333 | 2333 | 2333 |  | 6 | 6 | 6 |  |  | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  |  | 374 | 374 | TWD | TWD | 10962 | 10962 | 10962 | 10962 | 10962 |  | 7 | 7 | 7 |  |  | 0 | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  | 09/2025  |  |  | 3412 | 3412 | COP | COP | 14089534 | 14089534 | 14089534 | 14089534 | 14089534 |  | 1 | 1 | 1 |  |  | 0 | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**1043** | **1043** | **1043** | **1043** | **$** | $**(2770)** | **(2770)** | **(2770)** | **(2770)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost | Cost |  | Market<br>Value | Market<br>Value | Market<br>Value |
| MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.427% | 3.427% | 3.427% | 3.427% | 03/20/2045 | 03/20/2045 |  | 30000 | 30000 | 30000 | 3117 | 3117 | 3117 | $ | $3023 | 3023 | 3023 |
|  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.427 | 3.427 | 3.427 | 3.427 | 03/20/2045 | 03/20/2045 |  | 30000 | 30000 | 30000 | 3116 | 3116 | 3116 |  | 3360 | 3360 | 3360 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **6233** | **6233** | **6233** | **$** | $**6383** | **6383** | **6383** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** |
| Counterparty | Counterparty | Description | Description | Description | Initial<br>Index | Initial<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value | Market<br>Value |
| GLM | GLM | Cap - OTC CPALEMU  | Cap - OTC CPALEMU  | Cap - OTC CPALEMU  | 100.151 | 100.151 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | 06/22/2035 | 06/22/2035 |  | 6400 | 6400 | 6400 | (308) | (308) | (308) | $ | $(175) | (175) | (175) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **(308)** | **(308)** | **(308)** | **$** | $**(175)** | **(175)** | **(175)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> |  |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset |  | Liability |
| CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500% | Monthly | 11/17/2059 | 11/17/2059 | 11/17/2059 | 11/17/2059 | 11/17/2059 | 1600 | $ | $ | (48) | (48) | 55 | $ | 7 | 7 | 7 | $ | 0 |
| CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | 09/17/2058 | 09/17/2058 | 09/17/2058 | 09/17/2058 | 09/17/2058 | 5990 |  |  | (381) | (381) | 386 |  | 5 | 5 | 5 |  | 0 |
| CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | 11/17/2059 | 11/17/2059 | 11/17/2059 | 11/17/2059 | 11/17/2059 | 7100 |  |  | (235) | (235) | 265 |  | 30 | 30 | 30 |  | 0 |
| CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | 11/17/2059 | 11/17/2059 | 11/17/2059 | 11/17/2059 | 11/17/2059 | 2800 |  |  | (81) | (81) | 93 |  | 12 | 12 | 12 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (745) | (745) | 799 | $ | 54 | 54 | 54 | 54 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | Receive | Receive | Receive | 3-Month MYR-KLIBOR<sup>(2)</sup> | 3-Month MYR-KLIBOR<sup>(2)</sup> | 3.500% | 3.500% | Quarterly | 09/17/2030 | 09/17/2030 | 09/17/2030 | 09/17/2030 | MYR | 8310 | 8310 | $ | (7) | (7) | $(22) | (22) | $0 | 0 | 0 | 0 | $(29) |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(6)</sup> | Pay/Receive<sup>(6)</sup> | Pay/Receive<sup>(6)</sup> | Underlying<br>Reference | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | Receive | Receive | MLPIREIL Index  | MLPIREIL Index  | MLPIREIL Index  | 94691 | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | Monthly | Monthly | 06/10/2026 | 06/10/2026 | 06/10/2026 | $8934 | 8934 | $ | 0 | 0 | 37 | $ | 37 | 37 | 37 | 37 | 0 |
|  | Pay | Pay | MLPIREIS Index  | MLPIREIS Index  | MLPIREIS Index  | 90038 | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | Monthly | Monthly | 06/10/2026 | 06/10/2026 | 06/10/2026 | 8184 | 8184 |  | 0 | 0 | (80) |  | 0 | 0 | 0 | 0 | (80) |
| &nbsp;&nbsp; JPM | Receive | Receive | JPACWILV Index  | JPACWILV Index  | JPACWILV Index  | 1612000 | &nbsp;&nbsp; 4.880% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.880% (FEDL01 plus a specified spread) | Monthly | Monthly | 10/01/2025 | 10/01/2025 | 10/01/2025 | 181044 | 181044 |  | 0 | 0 | 33 |  | 33 | 33 | 33 | 33 | 0 |
| &nbsp;&nbsp; MBC | Receive | Receive | NDUEACWF Index  | NDUEACWF Index  | NDUEACWF Index  | 14123 | &nbsp;&nbsp; 4.750% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.750% (FEDL01 plus a specified spread) | Monthly | Monthly | 10/01/2025 | 10/01/2025 | 10/01/2025 | 7087 | 7087 |  | 0 | 0 | (25) |  | 0 | 0 | 0 | 0 | (25) |

---

------

<br> Consolidated Schedule of Investments PIMCO Global Core Asset Allocation Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; TOR | &nbsp;&nbsp; TOR | Receive | NDUEACWF Index  | 22000 | &nbsp;&nbsp; 4.770% (FEDL01 plus a specified spread) | Monthly | 10/01/2025 | 11040 | 0 | (39) | (39) | 0 | (39) |
|  |  |  |  |  |  |  |  |  | 0 | $(74) | (74) | $70 | $(144) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(752)** | $**703** | **703** | $**124** | $**(173)** |
| **(l)** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $602 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $23 | $0 | 0 | $ | 23 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 604 | 0 | 0 |  | 604 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 49166 | 0 | 0 |  | 49166 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 12231 | 0 | 0 |  | 12231 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 6608 | 0 | 0 |  | 6608 |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 2881 | 0 | 0 |  | 2881 |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 8784 | 0 | 0 |  | 8784 |  |
| Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | 0 | 0 | 5178 | 0 | 0 |  | 5178 |  |
| Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | Manufacturing House ABS Other | 0 | 0 | 344 | 0 | 0 |  | 344 |  |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 2202 | 0 | 0 |  | 2202 |  |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 7246 | 0 | 0 |  | 7246 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 18956 | 0 | 0 |  | 18956 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 4074 | 0 | 0 |  | 4074 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 857 | 0 | 0 |  | 857 |  |
|  |  |  |  |  |  | $0 | 0 | $119154 | $0 | 0 | $ | 119154 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 117791 | 117791 | 0 | 0 | 0 |  | 117791 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | 99504 | 99504 | 0 | 0 | 0 |  | 99504 |  |
|  |  |  |  |  |  | $217295 | 217295 | $0 | $0 | 0 | $ | 217295 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $217295 | 217295 | $119154 | $0 | 0 | $ | 336449 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | $(6744) | $0 | 0 | $ | (6744) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 217 | 217 | 323 | 0 | 0 |  | 540 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 7550 | 0 | 0 |  | 7550 |  |
|  |  |  |  |  |  | $217 | 217 | $7873 | $0 | 0 | $ | 8090 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (64) | (64) | (500) | 0 | 0 |  | (564) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | (3118) | 0 | 0 |  | (3118) |  |
|  |  |  |  |  |  | $(64) | (64) | $(3618) | $0 | 0 | $ | (3682) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $153 | 153 | $4255 | $0 | 0 | $ | 4408 |  |
| Totals | Totals | Totals | Totals | Totals | Totals | $217448 | 217448 | $116665 | $0 | 0 | $ | 334113 |  |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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<br> Schedule of Investments PIMCO GNMA and Government Securities Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 249.6% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Preferred Term Securities Ltd.** <br>5.417% (US0003M + 0.860%) due 07/03/2033 ~ | $46 | $46 |
| Total Corporate Bonds & Notes (Cost $39) |  | 46 |
| **U.S. GOVERNMENT AGENCIES 242.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.000% due 10/25/2042 - 10/25/2045 •  | 377 | 243 |
| 0.000% due 06/25/2043 •(a) | 1037 | 68 |
| 0.200% due 02/25/2043 •(a) | 316 | 2 |
| 0.573% due 11/25/2040 •(a) | 2444 | 158 |
| 1.500% due 04/25/2028 | 4290 | 4158 |
| 1.580% due 07/25/2044 ~(a) | 155 | 6 |
| 1.580% due 11/25/2049 •(a) | 287 | 38 |
| 1.646% due 07/25/2052 ~(a) | 161 | 8 |
| 1.664% due 10/25/2046 ~(a) | 54 | 2 |
| 1.730% due 08/25/2042 •(a) | 383 | 33 |
| 1.780% due 11/25/2044 - 06/25/2048 •(a) | 3997 | 486 |
| 1.852% due 04/25/2046 ~(a) | 116 | 6 |
| 1.880% due 07/25/2044 ~(a) | 214 | 12 |
| 1.887% due 09/25/2045 ~(a) | 113 | 5 |
| 2.011% due 08/25/2044 ~(a) | 121 | 8 |
| 2.026% due 04/25/2055 ~(a) | 257 | 13 |
| 2.053% due 07/25/2045 ~(a) | 653 | 39 |
| 2.067% due 01/25/2045 ~(a) | 122 | 7 |
| 2.081% due 03/25/2045 ~(a) | 340 | 19 |
| 2.086% due 08/25/2054 ~(a) | 235 | 12 |
| 2.301% due 08/25/2055 ~(a) | 165 | 9 |
| 2.349% due 01/25/2031 ~(a) | 583 | 34 |
| 2.500% due 02/25/2051 (a) | 3232 | 545 |
| 3.000% due 03/25/2043 - 05/01/2058 | 3351 | 2895 |
| 3.000% due 04/25/2043 - 12/25/2048 (a) | 826 | 102 |
| 3.045% due 04/01/2029 | 892 | 859 |
| 3.147% due 01/01/2048 •  | 3461 | 3380 |
| 3.500% due 08/01/2032 - 01/01/2059 | 9983 | 8979 |
| 3.500% due 08/25/2043 - 04/25/2046 (a) | 158 | 20 |
| 3.506% due 08/01/2049 •  | 816 | 846 |
| 3.575% due 02/01/2026 | 1000 | 992 |
| 3.720% due 04/25/2042 ~ | 248 | 238 |
| 3.750% due 02/01/2029 | 3700 | 3649 |
| 3.820% due 01/01/2029 | 736 | 730 |
| 4.000% due 06/01/2033 - 07/01/2034 | 562 | 553 |
| 4.000% due 06/25/2044 (a) | 23 | 1 |
| 4.140% due 04/01/2028 | 780 | 782 |
| 4.164% due 10/25/2040 ~ | 364 | 367 |
| 4.374% due 02/01/2028 ~ | 1998 | 2005 |
| 4.385% due 04/01/2033 | 828 | 822 |
| 4.440% due 06/01/2033 | 2000 | 1988 |
| 4.490% due 04/01/2033 | 1600 | 1599 |
| 4.500% due 09/01/2028 - 09/01/2048 | 3737 | 3718 |
| 4.550% due 05/01/2028 | 100 | 102 |
| 4.580% due 08/01/2033 | 1000 | 1006 |
| 4.590% due 06/01/2033 | 1843 | 1853 |
| 4.590% due 06/01/2033 (g) | 8060 | 8095 |
| 4.645% due 11/25/2031 ~ | 1550 | 1565 |
| 4.656% due 05/25/2042 ~ | 454 | 453 |
| 4.680% due 06/01/2030 (g) | 11283 | 11421 |
| 4.700% due 04/01/2033 | 2037 | 2038 |
| 4.720% due 12/25/2047 •  | 3834 | 3733 |
| 4.764% due 03/25/2042 ~ | 396 | 391 |
| 4.770% due 12/01/2029 | 674 | 685 |
| 4.870% due 02/25/2049 •  | 171 | 167 |
| 4.900% due 10/01/2028 | 355 | 363 |
| 4.990% due 03/01/2031 | 985 | 1008 |
| 5.000% due 12/01/2035 | 2 | 2 |
| 5.060% due 11/01/2034 (g) | 6548 | 6753 |
| 5.070% due 09/01/2033 | 827 | 855 |
| 5.115% due 05/25/2042 ~ | 754 | 748 |
| 5.120% due 10/25/2037 •  | 578 | 578 |
| 5.150% due 01/25/2051 •  | 14507 | 14516 |
| 5.246% due 01/25/2042 ~ | 896 | 867 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.260% due 06/01/2031 «(c) | 1221 | 1263 |
| 5.300% due 09/01/2038 | 929 | 974 |
| 5.320% due 10/01/2043 | 191 | 196 |
| 5.410% due 12/01/2031 - 05/01/2034 | 10366 | 10878 |
| 5.500% due 12/01/2032 - 10/01/2038 | 105 | 106 |
| 5.570% due 10/01/2028 | 432 | 446 |
| 5.610% due 10/01/2028 | 883 | 912 |
| 5.700% due 08/01/2030 | 930 | 985 |
| 5.810% due 06/01/2031 (g) | 13800 | 14321 |
| 5.820% due 11/01/2033 | 1230 | 1332 |
| 5.850% due 11/01/2028 | 2303 | 2418 |
| 5.870% due 12/01/2033 | 1500 | 1631 |
| 5.960% due 11/01/2033 | 539 | 587 |
| 6.000% due 04/01/2032 - 10/01/2048 | 10 | 10 |
| 6.010% due 07/01/2028 | 1141 | 1195 |
| 6.345% due 09/01/2041 •  | 100 | 103 |
| 6.500% due 04/25/2038 (a) | 42 | 10 |
| 6.660% due 04/01/2030 | 1987 | 2134 |
| 6.665% due 02/01/2042 •  | 60 | 62 |
| 6.679% due 01/01/2036 •  | 166 | 172 |
| 6.736% due 05/01/2035 •  | 92 | 95 |
| 7.007% due 10/01/2037 •  | 999 | 1036 |
| 7.018% due 05/01/2038 •  | 558 | 579 |
| **Freddie Mac**  |  |  |
| 0.000% due 05/15/2033 - 10/15/2058 (b)(e) | 4959 | 3216 |
| 0.000% due 05/15/2041 •  | 3527 | 3369 |
| 0.218% due 10/15/2035 •  | 330 | 302 |
| 0.461% due 05/15/2035 •  | 452 | 448 |
| 1.250% due 12/15/2044 | 6959 | 5837 |
| 1.500% due 03/15/2028 | 2149 | 2082 |
| 1.641% due 10/15/2037 ~(a) | 46 | 2 |
| 1.774% due 05/15/2037 ~(a) | 36 | 2 |
| 1.800% due 05/15/2044 | 4255 | 4128 |
| 1.926% due 10/15/2037 ~(a) | 22 | 1 |
| 2.000% due 11/25/2050 (a) | 2477 | 337 |
| 2.003% due 03/15/2037 ~(a) | 49 | 3 |
| 2.137% due 11/15/2036 ~(a) | 129 | 8 |
| 2.192% due 08/15/2041 ~(a) | 43 | 2 |
| 2.200% due 11/15/2038 ~(a) | 140 | 8 |
| 2.206% due 02/15/2038 ~(a) | 83 | 5 |
| 2.270% due 10/15/2041 ~(a) | 92 | 5 |
| 2.290% due 06/15/2038 ~(a) | 107 | 7 |
| 2.500% due 08/15/2027 - 10/15/2052 (a) | 18936 | 2917 |
| 2.591% due 08/15/2036 ~(a) | 61 | 4 |
| 2.862% due 07/25/2054 ~ | 8000 | 7506 |
| 3.000% due 10/01/2026 - 12/25/2046 | 12618 | 11880 |
| 3.000% due 11/15/2027 - 06/25/2050 (a) | 23485 | 3647 |
| 3.050% due 03/01/2032 | 1771 | 1624 |
| 3.332% due 02/15/2027 •(a) | 52 | 1 |
| 3.500% due 01/15/2043 - 04/25/2050 (a) | 28553 | 6012 |
| 3.500% due 12/25/2046 - 03/01/2049 | 2906 | 2588 |
| 3.841% due 01/01/2050 •  | 780 | 765 |
| 4.000% due 07/15/2034 - 11/15/2042 (a) | 1537 | 219 |
| 4.000% due 04/01/2041 - 01/01/2049 | 9826 | 9385 |
| 4.228% due 10/25/2034 ~ | 10212 | 10050 |
| 4.400% due 06/01/2030 | 618 | 617 |
| 4.453% due 07/25/2033 ~ | 456 | 432 |
| 4.500% due 01/01/2036 - 11/01/2048 | 827 | 806 |
| 4.660% due 01/25/2031 | 3300 | 3342 |
| 4.814% due 10/15/2037 - 04/15/2038 •  | 2001 | 1976 |
| 4.918% due 06/15/2042 •  | 533 | 528 |
| 4.970% due 01/25/2050 •  | 140 | 136 |
| 5.000% due 07/01/2033 - 03/01/2049 | 1270 | 1271 |
| 5.500% due 09/01/2034 - 03/01/2041 | 95 | 98 |
| 6.700% due 05/01/2031 •  | 3 | 3 |
| 6.787% due 10/01/2039 •  | 589 | 611 |
| 7.212% due 11/01/2036 •  | 242 | 251 |
| 7.311% due 11/01/2041 •  | 631 | 660 |
| 7.342% due 09/01/2034 •  | 267 | 275 |
| 7.500% due 08/15/2029 (a) | 1 | 0 |
| **Ginnie Mae**  |  |  |
| 0.000% due 03/20/2034 - 12/20/2040 (b)(e) | 1908 | 1628 |
| 0.000% due 10/16/2042 - 08/16/2052 ~(a) | 4767 | 0 |
| 0.000% due 05/20/2043 - 09/20/2045 •  | 941 | 540 |
| 0.086% due 06/20/2042 ~(a) | 192 | 10 |
| 0.092% due 11/20/2045 ~(a) | 192 | 8 |
| 0.136% due 06/20/2042 ~(a) | 177 | 9 |
| 0.137% due 09/20/2045 ~(a) | 297 | 12 |
| 0.143% due 12/20/2045 ~(a) | 100 | 4 |
| 0.208% due 06/20/2043 ~(a) | 184 | 9 |
| 0.213% due 08/20/2045 ~(a) | 104 | 4 |
| 0.750% due 11/16/2051 ~(a) | 14 | 0 |
| 1.618% due 09/20/2049 •(a) | 1650 | 207 |
| 1.868% due 10/20/2050 •(a) | 1992 | 292 |
| 2.000% due 10/20/2050 - 02/20/2051 (a) | 35611 | 4112 |
| 2.500% due 09/20/2027 - 12/20/2051 (a) | 33170 | 4876 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.500% due 06/15/2043 - 02/20/2063 | 22673 | 19152 |
| 2.500% due 03/20/2051 - 09/20/2051 (g) | 108986 | 92486 |
| 3.000% due 11/20/2026 - 03/20/2052 | 68539 | 58850 |
| 3.000% due 01/20/2029 - 09/20/2051 (a) | 34889 | 5468 |
| 3.000% due 05/20/2048 - 04/20/2055 (g) | 77976 | 68764 |
| 3.150% due 11/20/2042 - 12/20/2042 | 382 | 341 |
| 3.250% due 05/15/2042 | 438 | 403 |
| 3.500% due 11/20/2034 - 12/20/2068 | 121770 | 111015 |
| 3.500% due 08/20/2042 - 09/20/2046 (a) | 2179 | 273 |
| 3.500% due 11/20/2045 - 02/20/2053 (g) | 77405 | 70475 |
| 3.500% due 01/20/2069 ~ | 2777 | 2690 |
| 3.750% due 06/20/2045 - 12/20/2045 | 2594 | 2406 |
| 3.814% due 01/20/2031 ~ | 116 | 115 |
| 4.000% due 09/20/2038 - 08/20/2062 | 30996 | 29044 |
| 4.000% due 10/20/2043 (a) | 43 | 5 |
| 4.050% due 04/15/2040 - 11/15/2040 | 744 | 706 |
| 4.500% due 04/15/2030 - 08/20/2062 | 52843 | 51388 |
| 4.500% due 08/20/2041 (g) | 6400 | 6353 |
| 4.500% due 08/20/2045 (a) | 3520 | 690 |
| 4.625% due 08/20/2045 •  | 101 | 104 |
| 4.682% due 12/20/2050 •  | 2247 | 2087 |
| 4.739% due 11/20/2036 •  | 8707 | 8600 |
| 4.789% due 06/20/2036 •  | 6081 | 6012 |
| 4.875% due 06/20/2038 •  | 28 | 28 |
| 4.875% due 08/15/2039 - 10/15/2040 | 222 | 220 |
| 4.952% due 02/20/2074 •  | 6518 | 6509 |
| 4.995% due 03/20/2058 •  | 178 | 179 |
| 5.000% due 12/20/2032 - 10/20/2062 | 16818 | 16695 |
| 5.026% due 09/20/2062 •  | 2 | 2 |
| 5.046% due 05/20/2069 •  | 698 | 698 |
| 5.052% due 03/20/2071 •  | 243 | 243 |
| 5.092% due 04/20/2074 •  | 965 | 965 |
| 5.102% due 04/20/2073 •  | 1797 | 1804 |
| 5.126% due 08/20/2061 •  | 5 | 5 |
| 5.146% due 10/20/2065 •  | 1 | 1 |
| 5.202% due 07/20/2073 - 07/20/2074 •  | 55578 | 55856 |
| 5.246% due 06/20/2066 •  | 197 | 197 |
| 5.250% due 05/15/2033 - 10/15/2033 | 156 | 156 |
| 5.272% due 08/20/2073 •  | 4861 | 4908 |
| 5.302% due 03/20/2073 •  | 21464 | 21544 |
| 5.326% due 04/20/2066 •  | 1082 | 1086 |
| 5.380% due 08/15/2034 | 39 | 40 |
| 5.402% due 05/20/2073 •  | 8352 | 8482 |
| 5.452% due 05/20/2073 •  | 1440 | 1455 |
| 5.475% due 06/15/2035 | 108 | 111 |
| 5.496% due 07/20/2070 - 08/20/2070 •  | 88055 | 89000 |
| 5.500% due 06/20/2032 - 01/20/2049 | 4113 | 4163 |
| 5.520% due 06/15/2034 - 02/15/2035 | 118 | 122 |
| 5.530% due 05/15/2035 | 69 | 71 |
| 5.570% due 03/15/2035 | 56 | 56 |
| 5.625% due 02/20/2030 - 01/20/2034 •  | 89 | 90 |
| 5.680% due 12/15/2034 | 113 | 118 |
| 5.696% due 09/20/2070 - 01/20/2071 •  | 60300 | 61315 |
| 5.720% due 12/15/2034 | 46 | 48 |
| 5.746% due 09/20/2063 •  | 75 | 76 |
| 5.750% due 09/15/2033 | 6 | 6 |
| 5.802% due 08/20/2071 •  | 1970 | 2013 |
| 5.820% due 04/15/2034 - 12/15/2034 | 123 | 128 |
| 5.870% due 10/15/2034 | 51 | 53 |
| 5.875% due 10/15/2033 | 76 | 76 |
| 5.930% due 10/15/2034 | 37 | 38 |
| 5.970% due 08/15/2034 | 47 | 49 |
| 6.000% due 04/15/2027 - 09/20/2053 | 8546 | 8781 |
| 6.000% due 08/20/2053 (g) | 19278 | 19908 |
| 6.020% due 01/15/2034 | 55 | 57 |
| 6.075% due 01/15/2034 | 78 | 78 |
| 6.183% due 04/20/2061 •  | 25 | 25 |
| 6.250% due 01/15/2029 - 03/15/2029 | 15 | 15 |
| 6.500% due 02/15/2026 - 07/20/2054 | 5693 | 5845 |
| 6.539% due 12/20/2070 •  | 3728 | 3812 |
| 6.700% due 07/20/2026 | 3 | 3 |
| 7.000% due 11/20/2025 - 12/20/2062 | 9805 | 10005 |
| 7.250% due 01/15/2027 | 1 | 1 |
| 7.500% due 10/15/2025 - 10/15/2035 | 104 | 104 |
| 8.000% due 05/20/2027 - 07/15/2031 | 92 | 93 |
| 8.500% due 12/15/2029 - 12/15/2030 | 6 | 6 |
| **Ginnie Mae, TBA**  |  |  |
| 2.000% due 07/01/2055 - 08/01/2055 | 284000 | 231353 |
| 2.500% due 08/01/2055 | 101900 | 86590 |
| 3.000% due 07/01/2055 - 08/01/2055 | 274850 | 243103 |
| 3.500% due 07/01/2055 | 58000 | 52738 |
| 4.000% due 08/01/2055 | 138950 | 129187 |
| 4.500% due 07/01/2055 | 60770 | 58179 |
| 5.000% due 07/01/2055 - 08/01/2055 | 101450 | 99676 |
| 5.500% due 07/01/2055 | 63100 | 63203 |
| 6.000% due 07/01/2055 - 08/01/2055 | 28000 | 28396 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.500% due 08/01/2055 - 09/01/2055 | 65500 | 67093 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 1.500% due 12/01/2050 - 06/01/2051 | 413 | 313 |
| 2.000% due 07/01/2028 - 06/01/2037 | 9564 | 8786 |
| 2.000% due 11/01/2036 (g) | 12810 | 11712 |
| 2.500% due 01/01/2028 - 04/01/2052 | 32706 | 27427 |
| 2.500% due 10/01/2040 (g) | 8097 | 7312 |
| 3.000% due 10/01/2026 - 02/01/2052 | 37892 | 34548 |
| 3.000% due 02/01/2040 - 07/01/2051 (g) | 72289 | 63715 |
| 3.500% due 02/01/2030 - 03/01/2052 | 33361 | 30846 |
| 3.500% due 07/01/2043 - 04/01/2047 (g) | 36938 | 34599 |
| 4.000% due 05/01/2033 - 07/01/2053 | 32032 | 30817 |
| 4.000% due 10/01/2048 (g) | 7966 | 7539 |
| 4.500% due 01/01/2026 - 07/01/2053 | 12141 | 11842 |
| 4.500% due 10/01/2052 (g) | 16201 | 15533 |
| 5.000% due 04/01/2027 - 09/01/2053 | 10068 | 9940 |
| 5.500% due 11/01/2039 - 09/01/2053 | 5512 | 5569 |
| 5.500% due 03/01/2054 - 01/01/2055 (g) | 144733 | 144817 |
| 6.000% due 07/01/2036 - 07/01/2054 | 22994 | 23505 |
| 6.000% due 07/01/2053 - 02/01/2054 (g) | 79133 | 80948 |
| 6.500% due 11/01/2053 - 04/01/2055 | 120283 | 124356 |
| 6.500% due 09/01/2054 - 02/01/2055 (g) | 19998 | 20679 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.000% due 08/01/2040 | 600 | 549 |
| 3.500% due 07/01/2040 | 7400 | 7142 |
| 4.000% due 07/01/2055 | 26443 | 24591 |
| 4.500% due 07/01/2040 | 8700 | 8646 |
| 5.000% due 07/01/2040 - 08/01/2055 | 36450 | 35965 |
| 5.500% due 07/01/2040 | 5000 | 5091 |
| 6.000% due 07/01/2055 - 08/01/2055 | 165835 | 168380 |
| 6.500% due 07/01/2055 | 74500 | 76931 |
| 7.000% due 08/01/2055 - 09/01/2055 | 6400 | 6713 |
| Total U.S. Government Agencies (Cost $3,255,055) |  | 3191252 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.5%**  |  |  |
| **Angel Oak Mortgage Trust** <br>5.985% due 01/25/2069 þ | 390 | 392 |
| **Bear Stearns Structured Products, Inc. Trust** <br>5.062% due 01/26/2036 ~ | 531 | 378 |
| **Citigroup Mortgage Loan Trust** <br>6.500% due 06/25/2054 ~ | 1810 | 1846 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>5.063% due 03/25/2032 ~ | 4 | 4 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 2.500% due 07/25/2056 ~  | 1054 | 863 |
| 4.699% due 05/27/2053 ~  | 1425 | 1274 |
| **IMS Ecuadorian Mortgage Trust** <br>3.400% due 08/18/2043 | 8344 | 8165 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.000% due 05/25/2052 ~  | 6212 | 5311 |
| 5.334% due 12/25/2049 •  | 554 | 530 |
| **La Hipotecaria El Salvadorian Mortgage Trust**  |  |  |
| 3.358% due 01/15/2046 «  | 1503 | 1385 |
| 4.250% due 09/29/2046 «  | 3062 | 2806 |
| **La Hipotecaria Panamanian Mortgage Trust** <br>3.508% due 11/24/2042 «•  | 2128 | 2032 |
| **MFA Trust** <br>1.381% due 04/25/2065 ~ | 1344 | 1305 |
| **Mortgage Equity Conversion Asset Trust**  |  |  |
| 4.460% due 02/25/2042 •  | 886 | 874 |
| 10.000% due 05/25/2042 •  | 4053 | 3388 |
| **Structured Asset Mortgage Investments Trust** <br>5.092% due 09/19/2032 •  | 2 | 2 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 1809 | 1645 |
| 2.710% due 01/25/2060 ~  | 1234 | 1186 |
| Total Non-Agency Mortgage-Backed Securities (Cost $35,917) |  | 33386 |
| **ASSET-BACKED SECURITIES 3.6%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.0%**  |  |  |
| **Carvana Auto Receivables Trust** <br>4.550% due 01/10/2028 | 364 | 362 |
| **HOME EQUITY OTHER 0.1%**  |  |  |
| **Centex Home Equity Loan Trust** <br>4.734% due 01/25/2032 •  | 5 | 4 |
| **Home Equity Asset Trust** <br>5.034% due 11/25/2032 •  | 3 | 2 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **RCKT** **Mortgage Trust** <br>6.025% due 02/25/2044 ~ | 409 | 412 |
|  |  | 418 |
| **OTHER ABS 3.5%**  |  |  |
| **Anchorage Capital CLO Ltd.** <br>5.969% due 04/20/2037 •  | 3700 | 3708 |
| **Apex Credit CLO Ltd.** <br>6.069% due 04/20/2036 •  | 2000 | 2006 |
| **Ares CLO Ltd.** <br>5.600% due 04/17/2033 •  | 3500 | 3511 |
| **Benefit Street Partners CLO Ltd.** <br>5.619% due 04/20/2034 •  | 4000 | 4006 |
| **BlueMountain CLO Ltd.** <br>5.472% due 10/25/2030 •  | 1980 | 1982 |
| **Bryant Park Funding Ltd.** <br>5.876% due 04/15/2037 •  | 2000 | 2006 |
| **Cathedral Lake Ltd.** <br>5.751% due 01/20/2035 •  | 1000 | 1001 |
| **Diameter Capital CLO Ltd.**  |  |  |
| 5.866% due 04/15/2037 •  | 2600 | 2608 |
| 6.086% due 01/15/2037 •  | 3300 | 3315 |
| **Dryden Senior Loan Fund** <br>5.419% due 10/19/2029 •  | 1781 | 1783 |
| **Generate CLO Ltd.** <br>6.099% due 10/20/2036 •  | 1300 | 1320 |
| **KKR CLO Ltd.** <br>5.701% due 02/09/2035 •  | 1800 | 1801 |
| **Magnetite Ltd.** <br>5.406% due 10/15/2031 •  | 703 | 703 |
| **Marble Point CLO Ltd.** <br>5.469% due 01/20/2032 •  | 408 | 408 |
| **Palmer Square CLO Ltd.**  |  |  |
| 5.371% due 05/21/2034 •  | 6360 | 6349 |
| 5.592% due 04/20/2035 •  | 1100 | 1102 |
| **Sound Point CLO** <br>5.688% due 07/15/2034 •  | 500 | 501 |
| **Sycamore Tree CLO Ltd.** <br>5.949% due 01/20/2037 •  | 2900 | 2933 |
| **TCW CLO Ltd.** <br>5.861% due 01/16/2037 •  | 1200 | 1202 |
| **Trinitas CLO Ltd.** <br>5.652% due 04/25/2033 •  | 2900 | 2904 |
| **Voya CLO Ltd.** <br>5.469% due 07/20/2032 •  | 903 | 905 |
|  |  | 46054 |
| Total Asset-Backed Securities (Cost $46,698) |  | 46834 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 1.2%**  |  |  |
| **MUTUAL FUNDS 0.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (f) | 572217 | 572 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 1.2%**  |  |  |
| 4.333% due 07/31/2025 - 10/21/2025 (d)(e)(i)(k) | 15600 | 15461 |
| Total Short-Term Instruments (Cost $16,034) |  | 16033 |
| Total Investments in Securities (Cost $3,353,743) |  | 3287551 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 4.5%**  |  |  |
| **SHORT-TERM INSTRUMENTS 4.5%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 4.5%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 6075945 | 59161 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | |
|:---|:---|
| Total Short-Term Instruments (Cost $59,154) | 59161 |
| Total Investments in Affiliates (Cost $59,154) | 59161 |
| Total Investments 254.1% (Cost $3,412,897) | $3346712 |
| **Financial Derivative Instruments (h)(j) 0.8**%(Cost or Premiums, net $13,971) | 10441 |
| Other Assets and Liabilities, net (154.9)% | (2039942) |
| Net Assets 100.0% | $1317211 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** |
| **(c)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(d)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(e)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| SAL | SAL | 06/26/2025 | 07/14/2025 | 07/14/2025 | (649443) | (649443) | (649846) | (649846) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  | **(649846)** | **(649846)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% | U.S. Government Agencies (86.1)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 1.500% | 07/01/2040 | 1000 | $(874) | (874) | $(889) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 07/01/2040 | 15900 | (14493) | (14493) | (14533) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2040 | 5200 | (4746) | (4746) | (4755) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 07/01/2055 | 24800 | (19555) | (19555) | (19638) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2055 | 5000 | (3933) | (3933) | (3961) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 07/01/2039 | 1625 | (1493) | (1493) | (1518) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 08/01/2055 | 71250 | (58650) | (58650) | (59098) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 07/01/2040 | 10800 | (10152) | (10152) | (10299) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 07/01/2055 | 73800 | (62766) | (62766) | (63870) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 08/01/2055 | 210800 | (178671) | (178671) | (182388) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 08/01/2055 | 177400 | (158704) | (158704) | (159689) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 07/01/2055 | 37943 | (35036) | (35036) | (35286) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 08/01/2055 | 187443 | (172506) | (172506) | (174278) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.500 | 08/01/2055 | 15577 | (14867) | (14867) | (14895) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.500 | 08/01/2055 | 276300 | (274454) | (274454) | (276053) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 6.500 | 07/01/2055 | 76500 | (78583) | (78583) | (78996) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 6.500 | 08/01/2055 | 33100 | (34000) | (34000) | (34130) |
| **Total Short Sales (86.1)%** | **Total Short Sales (86.1)%** | **Total Short Sales (86.1)%** |  |  |  | $**(1123483)** | **(1123483)** | $**(1134276)** |
| **(g)** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $679,408 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(513665) at a weighted average interest rate of 4.468%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 1691 | 1691 | $ | 189603 | 189603 | 3162 | 3162 | 3162 | 529 | 529 | 529 | 0 |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 113 | 113 | $ | (23507) | (23507) | (104) | (104) | (104) | 0 | 0 | 0 | (6) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **3058** | **3058** | **$** | **529** | **529** | **$** | **(6)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250% | Annual | Annual | 03/19/2026 | $ | $314900 | 314900 | 2991 | 2991 | (190) | $2801 | 2801 | 2801 | $0 | 0 | $(6) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | Annual | 03/19/2027 |  | 26200 | 26200 | (609) | (609) | 262 | (347) | (347) | (347) | 10 | 10 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 12/20/2028 |  | 28400 | 28400 | 558 | 558 | (790) | (232) | (232) | (232) | 0 | 0 | (28) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | Annual | 03/20/2029 |  | 30600 | 30600 | (993) | (993) | 91 | (902) | (902) | (902) | 0 | 0 | (35) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | Annual | 03/19/2030 |  | 275410 | 275410 | (15519) | (15519) | 9510 | (6009) | (6009) | (6009) | 417 | 417 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2030 |  | 137400 | 137400 | 5550 | 5550 | (5219) | 331 | 331 | 331 | 0 | 0 | (254) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 06/20/2031 |  | 70800 | 70800 | 500 | 500 | (1527) | (1027) | (1027) | (1027) | 0 | 0 | (150) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2032 |  | 23000 | 23000 | (616) | (616) | 205 | (411) | (411) | (411) | 59 | 59 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/20/2033 |  | 77600 | 77600 | 4387 | 4387 | (3348) | 1039 | 1039 | 1039 | 0 | 0 | (260) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 06/20/2034 |  | 64600 | 64600 | 2235 | 2235 | (2755) | (520) | (520) | (520) | 0 | 0 | (235) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 12/18/2034 |  | 25600 | 25600 | (275) | (275) | 199 | (76) | (76) | (76) | 0 | 0 | (99) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 03/19/2035 |  | 5700 | 5700 | 374 | 374 | (154) | 220 | 220 | 220 | 0 | 0 | (22) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2035 |  | 17600 | 17600 | 741 | 741 | (81) | 660 | 660 | 660 | 0 | 0 | (70) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 12/20/2053 |  | 8700 | 8700 | 1175 | 1175 | (96) | 1079 | 1079 | 1079 | 0 | 0 | (65) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 06/20/2054 |  | 8300 | 8300 | 513 | 513 | 109 | 622 | 622 | 622 | 0 | 0 | (66) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/18/2054 |  | 8200 | 8200 | (97) | (97) | 734 | 637 | 637 | 637 | 0 | 0 | (63) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **915** | **$** | **$** | **(2135)** | **(2135)** | **$** | **486** | **486** | **(1353)** |
| **(i)** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $511 and cash of $31,542 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| **(j)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> |  | Cost | Cost |  | Market<br>Value |
| BOA | BOA | BOA | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 5.000% | 5.000% | 08/29/2025 | 284700 | 284700 | $ | 111 | 111 | $ | 3 |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 5.000 | 5.000 | 09/11/2025 | 30000 | 30000 |  | 81 | 81 |  | 2 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.098 | 4.098 | 02/06/2035 | 2900 | 2900 |  | 258 | 258 |  | 230 |

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<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.098 | 02/06/2035 | 2900 | 258 | 278 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.265 | 05/01/2035 | 3600 | 319 | 306 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.265 | 05/01/2035 | 3600 | 319 | 331 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.470 | 06/04/2035 | 3500 | 314 | 322 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.470 | 06/04/2035 | 3500 | 314 | 307 |
| BPS | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.500 | 10/17/2025 | 18500 | 37 | 0 |
| BRC | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 09/12/2025 | 87400 | 26 | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 10/24/2025 | 47000 | 37 | 0 |
| CBK | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 09/25/2025 | 105200 | 174 | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.750 | 10/31/2025 | 28300 | 38 | 0 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 10/08/2025 | 225000 | 337 | 19 |
| DUB | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.500 | 11/03/2025 | 18400 | 31 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.308 | 05/02/2035 | 7200 | 640 | 622 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.308 | 05/02/2035 | 7200 | 640 | 655 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.630 | 05/22/2035 | 3800 | 348 | 373 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.630 | 05/22/2035 | 3800 | 348 | 321 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.520 | 05/29/2035 | 3900 | 351 | 366 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.520 | 05/29/2035 | 3900 | 351 | 337 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.440 | 06/18/2035 | 5600 | 501 | 511 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.440 | 06/18/2035 | 5600 | 501 | 494 |
| FAR | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 12/16/2025 | 43400 | 43 | 1 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.250 | 03/03/2026 | 51000 | 21 | 2 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 04/03/2026 | 27400 | 90 | 44 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.073 | 03/07/2035 | 4200 | 365 | 328 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.073 | 03/07/2035 | 4200 | 365 | 404 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 2.500 | 08/22/2025 | 20000 | 254 | 1 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 6.000 | 10/17/2025 | 39000 | 253 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.310 | 04/24/2035 | 3900 | 345 | 336 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.310 | 04/24/2035 | 3900 | 345 | 354 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.430 | 05/16/2035 | 3800 | 340 | 344 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.430 | 05/16/2035 | 3800 | 340 | 336 |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.285 | 05/07/2035 | 3900 | 351 | 335 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.285 | 05/07/2035 | 3900 | 351 | 358 |
| MYC | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.500 | 10/17/2025 | 39000 | 76 | 0 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 09/30/2025 | 174200 | 96 | 10 |
|  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.081 | 12/08/2025 | 17000 | 206 | 108 |
|  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.313 | 06/08/2026 | 17000 | 349 | 283 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.313 | 06/08/2026 | 17000 | 349 | 123 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 09/12/2025 | 26200 | 68 | 2 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 09/16/2025 | 26100 | 70 | 2 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.000 | 09/26/2025 | 33900 | 122 | 5 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 6.000 | 10/17/2025 | 18500 | 127 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.250 | 11/28/2025 | 16700 | 257 | 86 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| NGF | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 5.500 | 5.500 | 10/22/2025 | 20000 | 37 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 6.000 | 6.000 | 10/22/2025 | 20000 | 123 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 6.000 | 6.000 | 11/03/2025 | 20200 | 134 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.400 | 4.400 | 06/25/2035 | 16200 | 1447 | 1456 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 4.400 | 4.400 | 06/25/2035 | 8100 | 732 | 725 |
|  |  |  |  |  |  |  |  | $13990 | $11120 |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Cost | Market<br>Value |
| BOA | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | $95.359 | 95.359 | 07/07/2025 | 07/07/2025 | $12000 | $36 | $0 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 09/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 09/01/2055  | 98.719 | 98.719 | 09/08/2025 | 09/08/2025 | 12500 | 23 | 5 |
| GSC | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | 94.844 | 94.844 | 07/07/2025 | 07/07/2025 | 12500 | 41 | 0 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | 95.289 | 95.289 | 07/07/2025 | 07/07/2025 | 12500 | 36 | 0 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 07/01/2055  | 97.281 | 97.281 | 07/07/2025 | 07/07/2025 | 12500 | 20 | 0 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 07/01/2055  | 97.352 | 97.352 | 07/07/2025 | 07/07/2025 | 12500 | 22 | 0 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 08/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 08/01/2055  | 96.695 | 96.695 | 08/06/2025 | 08/06/2025 | 12000 | 38 | 3 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 09/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.500% due 09/01/2055  | 96.738 | 96.738 | 09/08/2025 | 09/08/2025 | 17500 | 55 | 16 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | 98.277 | 98.277 | 08/06/2025 | 08/06/2025 | 12500 | 25 | 1 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | 98.508 | 98.508 | 08/06/2025 | 08/06/2025 | 12000 | 23 | 1 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | 98.559 | 98.559 | 08/06/2025 | 08/06/2025 | 12000 | 16 | 1 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 08/01/2055  | 98.629 | 98.629 | 08/06/2025 | 08/06/2025 | 12500 | 16 | 1 |
|  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 09/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 6.000% due 09/01/2055  | 99.156 | 99.156 | 09/08/2025 | 09/08/2025 | 17500 | 20 | 11 |
| JPM | Call - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | 98.438 | 98.438 | 07/07/2025 | 07/07/2025 | 12500 | 39 | 11 |
| MSC | Call - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | 98.434 | 98.434 | 07/07/2025 | 07/07/2025 | 12000 | 42 | 10 |
|  |  |  |  |  |  |  |  | $452 | $60 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**14442** | $**11180** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.943% | 3.943% | 07/07/2025 | 12300 | $(36) | $0 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.053 | 4.053 | 07/07/2025 | 13600 | (41) | 0 |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.236 | 4.236 | 08/06/2025 | 8900 | (16) | (1) |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.368 | 4.368 | 08/06/2025 | 8900 | (25) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.670 | 3.670 | 08/29/2025 | 12500 | (111) | (149) |
| BPS | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.215 | 4.215 | 08/06/2025 | 10000 | (38) | (1) |
| FAR | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 5.500 | 5.500 | 12/16/2025 | 43400 | (21) | 0 |
|  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 2.980 | 2.980 | 07/03/2025 | 21000 | (90) | 0 |
|  | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.245 | 3.245 | 07/07/2025 | 8700 | (39) | (1) |
| GLM | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.270 | 4.270 | 08/06/2025 | 8600 | (16) | (1) |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.287 | 4.287 | 08/06/2025 | 8400 | (23) | (1) |
|  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.257 | 4.257 | 09/08/2025 | 9300 | (23) | (5) |
| JPM | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.967 | 3.967 | 07/07/2025 | 11800 | (36) | 0 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.984 | 3.984 | 07/07/2025 | 07/07/2025 | 7900 | 7900 | (20) | (20) | 0 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.993 | 3.993 | 07/07/2025 | 07/07/2025 | 8800 | 8800 | (22) | (22) | 0 |
|  |  | Put - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.106 | 4.106 | 09/08/2025 | 09/08/2025 | 11700 | 11700 | (20) | (20) | (12) |
| MYC | MYC | Call - OTC 7-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.453 | 3.453 | 09/30/2025 | 09/30/2025 | 12700 | 12700 | (96) | (96) | (129) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.395 | 3.395 | 07/07/2025 | 07/07/2025 | 8100 | 8100 | (43) | (43) | (1) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.317 | 4.317 | 09/08/2025 | 09/08/2025 | 12600 | 12600 | (55) | (55) | (14) |
|  |  |  |  |  |  |  |  |  |  |  |  | $(771) | (771) | $(315) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Counterparty | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date |  | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value |
| BOA | BOA | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 09/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 09/01/2055  | $96.719 | 96.719 | 96.719 | 09/08/2025 | 09/08/2025 |  | $15000 | 15000 | $(56) | (56) | $(63) |
| GSC | GSC | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 07/01/2055  | 91.438 | 91.438 | 91.438 | 07/07/2025 | 07/07/2025 |  | 12000 | 12000 | (65) | (65) | (1) |
| MSC | MSC | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.000% due 07/01/2055  | 91.438 | 91.438 | 91.438 | 07/07/2025 | 07/07/2025 |  | 27000 | 27000 | (144) | (144) | (3) |
|  |  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | 94.813 | 94.813 | 94.813 | 07/07/2025 | 07/07/2025 |  | 36500 | 36500 | (143) | (143) | 0 |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 5.000% due 07/01/2055  | 98.813 | 98.813 | 98.813 | 07/07/2025 | 07/07/2025 |  | 36500 | 36500 | (125) | (125) | (10) |
| SAL | SAL | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | 92.469 | 92.469 | 92.469 | 07/07/2025 | 07/07/2025 |  | 8000 | 8000 | (44) | (44) | 0 |
|  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | 96.469 | 96.469 | 96.469 | 07/07/2025 | 07/07/2025 |  | 8000 | 8000 | (38) | (38) | (3) |
|  |  |  |  |  |  |  |  |  |  |  |  | $(615) | (615) | $(80) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(1386)** | **(1386)** | $**(395)** |
| **(k)** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $228 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | 0 | $46 | 46 | $0 | 0 | $46 | 46 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 0 | 3189989 | 3189989 | 1263 | 1263 | 3191252 | 3191252 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 0 | 27163 | 27163 | 6223 | 6223 | 33386 | 33386 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | 0 | 0 | 0 | 0 | 362 | 362 | 0 | 0 | 362 | 362 |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 0 | 0 | 418 | 418 | 0 | 0 | 418 | 418 |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 0 | 46054 | 46054 | 0 | 0 | 46054 | 46054 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 0 | 572 | 572 | 0 | 0 | 572 | 572 |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 0 | 15461 | 15461 | 0 | 0 | 15461 | 15461 |
|  |  |  |  |  | $0 | 0 | 0 | 0 | $3280065 | 3280065 | $7486 | 7486 | $3287551 | 3287551 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $59161 | 59161 | 59161 | 59161 | $0 | 0 | $0 | 0 | $59161 | 59161 |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $59161 | 59161 | 59161 | 59161 | $3280065 | 3280065 | $7486 | 7486 | $3346712 | 3346712 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | 0 | $(1134276) | (1134276) | $0 | 0 | $(1134276) | (1134276) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 0 | 1015 | 1015 | 0 | 0 | 1015 | 1015 |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 0 | 11180 | 11180 | 0 | 0 | 11180 | 11180 |
|  |  |  |  |  | $0 | 0 | 0 | 0 | $12195 | 12195 | $0 | 0 | $12195 | 12195 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 0 | (1359) | (1359) | 0 | 0 | (1359) | (1359) |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 0 | (395) | (395) | 0 | 0 | (395) | (395) |
|  |  |  |  |  | $0 | 0 | 0 | 0 | $(1754) | (1754) | $0 | 0 | $(1754) | (1754) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | 0 | $10441 | 10441 | $0 | 0 | $10441 | 10441 |
| Totals | Totals | Totals | Totals | Totals | $59161 | 59161 | 59161 | 59161 | $2156230 | 2156230 | $7486 | 7486 | $2222877 | 2222877 |

---

------

<br> Schedule of Investments PIMCO GNMA and Government Securities Fund (Cont.) June 30, 2025 (Unaudited)

**There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.**<br>

------

<br> Schedule of Investments PIMCO High Yield Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 95.2% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 2.8%**  |  |  |
| **ABG Intermediate Holdings LLC**  |  |  |
| 6.577% (TSFR1M + 2.250%) due 12/21/2028 ~ | $4987 | $4991 |
| 6.577% (TSFR1M + 2.250%) due 02/13/2032 ~ | 2918 | 2916 |
| **Amentum Government Services Holdings LLC**<br>6.577% (TSFR1M + 2.250%) due 09/29/2031 ~ | 3322 | 3322 |
| **B&G Foods, Inc.**<br>7.827% (TSFR1M + 3.500%) due 10/10/2029 ~ | 15599 | 14300 |
| **Barnes Group, Inc.**<br>7.327% (TSFR1M + 3.000%) due 01/27/2032 ~ | 6185 | 6202 |
| **Bausch & Lomb Corp.**<br>8.571% (TSFR1M + 4.250%) due 06/26/2030 ~ | 1725 | 1730 |
| **Charlotte Buyer, Inc.**<br>8.564% (TSFR1M + 4.250%) due 02/11/2028 ~ | 7880 | 7891 |
| **Clover Holdings 2 LLC**  |  |  |
| TBD% due 12/10/2029 µ | 2674 | 2668 |
| 7.750% due 12/09/2031 | 27200 | 27506 |
| **Clydesdale Acquisition Holdings, Inc.**  |  |  |
| TBD% (TSFR1M + 3.250%) due 04/01/2032 ~µ | 88 | 88 |
| 7.577% (TSFR1M + 3.250%) due 04/01/2032 ~ | 5037 | 5023 |
| **CoreWeave Compute Acquisition Co. LLC**<br>TBD% (TSFR3M + 6.000%) due 05/16/2029 «~µ | 4000 | 4094 |
| **Cotiviti Corp.**<br>7.074% (TSFR1M + 2.750%) due 05/01/2031 ~ | 7880 | 7853 |
| **DirecTV Financing LLC**<br>9.791% (TSFR3M + 5.250%) due 08/02/2029 ~ | 8044 | 7997 |
| **Endure Digital, Inc.**<br>7.927% (TSFR1M + 3.500%) due 02/10/2028 «~ | 746 | 574 |
| **Forward Air Corp.**<br>8.780% (TSFR3M + 4.500%) due 12/19/2030 ~ | 5653 | 5628 |
| **GFL Environmental, Inc.**<br>6.824% (TSFR3M + 2.500%) due 03/03/2032 ~ | 1875 | 1878 |
| **Gray Television, Inc.**<br>9.574% (TSFR1M + 5.250%) due 06/04/2029 ~ | 4433 | 4438 |
| **LC AHAB U.S. Bidco LLC**<br>7.327% (TSFR1M + 3.000%) due 05/01/2031 ~ | 1730 | 1731 |
| **McAfee LLC**<br>7.316% (TSFR1M + 3.000%) due 03/01/2029 ~ | 8150 | 7932 |
| **Polaris Newco LLC**<br>8.291% (TSFR3M + 3.750%) due 06/02/2028 ~ | 8104 | 7909 |
| **Stepstone Group MidCo 2 GmbH**<br>8.608% - 8.651% (TSFR3M + 4.500%) due 12/19/2031 | 31500 | 30634 |
| **Syniverse Holdings, Inc.**<br>11.296% (TSFR3M + 7.000%) due 05/13/2027 ~ | 3879 | 3693 |
| **TransDigm, Inc.**  |  |  |
| 6.796% (TSFR3M + 2.500%) due 02/28/2031 ~ | 10200 | 10230 |
| 7.046% (TSFR3M + 2.750%) due 03/22/2030 ~ | 2794 | 2808 |
| **Twitter, Inc.**<br>10.927% (TSFR1M + 6.500%) due 10/26/2029 ~ | 20470 | 20024 |
| **USI, Inc.**<br>6.546% (TSFR3M + 2.250%) due 09/29/2030 ~ | 7905 | 7893 |
| **Varsity Brands, Inc.**<br>7.830% (TSFR3M + 3.500%) due 08/26/2031 ~ | 7905 | 7914 |
| **Virgin Media Bristol LLC**<br>7.676% (TSFR1M + 3.250%) due 01/31/2029 ~ | 12925 | 12829 |
| **Voyager Parent LLC**<br>TBD% due 05/09/2032 | 3300 | 3271 |
| Total Loan Participations and Assignments (Cost $226,254) |  | 225967 |
| **CORPORATE BONDS & NOTES 81.6%**  |  |  |
| **BANKING & FINANCE 13.1%**  |  |  |
| **Acrisure LLC** <br>6.750% due 07/01/2032 | 7650 | 7765 |
| **Alamo Re Ltd.**  |  |  |
| 12.058% due 06/07/2027 ~  | 2100 | 2191 |
| 15.544% due 06/08/2026 ~  | 2100 | 2182 |
| **Alliant Holdings Intermediate LLC**  |  |  |
| 6.500% due 10/01/2031  | 20550 | 20958 |
| 6.750% due 04/15/2028  | 3000 | 3052 |
| 7.000% due 01/15/2031  | 16425 | 17003 |
| **Allied Universal Holdco LLC**  |  |  |
| 4.625% due 06/01/2028  | 9575 | 9299 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.875% due 06/15/2030  | 17175 | 17424 |
| **Ally Financial, Inc.**  |  |  |
| 6.700% due 02/14/2033  | 1000 | 1042 |
| 8.000% due 11/01/2031  | 3000 | 3393 |
| **AmWINS Group, Inc.**  |  |  |
| 4.875% due 06/30/2029  | 5225 | 5081 |
| 6.375% due 02/15/2029  | 7450 | 7598 |
| **Armor RE Ltd.** <br>14.558% due 05/07/2031 ~ | 750 | 777 |
| **Baldwin Insurance Group Holdings LLC** <br>7.125% due 05/15/2031 | 5625 | 5852 |
| **Bayou Re Ltd.** <br>22.808% due 04/30/2031 ~ | 250 | 269 |
| **BNP Paribas SA** <br>8.500% due 08/14/2028 •(e)(g) | 8000 | 8480 |
| **Boost Newco Borrower LLC** <br>7.500% due 01/15/2031 | 12300 | 13065 |
| **Bread Financial Holdings, Inc.** <br>8.375% due 06/15/2035 •  | 2875 | 2897 |
| **Brookfield Property REIT, Inc.** <br>4.500% due 04/01/2027 | 519 | 505 |
| **Burford Capital Global Finance LLC** <br>9.250% due 07/01/2031 | 31025 | 32691 |
| **Cape Lookout Re Ltd.** <br>11.194% due 03/13/2032 ~ | 850 | 854 |
| **Charles River Re Ltd.** <br>11.044% due 05/10/2031 •  | 250 | 254 |
| **Clue Opco LLC** <br>9.500% due 10/15/2031 | 4425 | 4695 |
| **Coinbase Global, Inc.** <br>3.375% due 10/01/2028 | 14143 | 13270 |
| **Credit Acceptance Corp.** <br>9.250% due 12/15/2028 | 3075 | 3259 |
| **CTR Partnership LP** <br>3.875% due 06/30/2028 | 10000 | 9553 |
| **Encore Capital Group, Inc.**  |  |  |
| 8.500% due 05/15/2030  | 20825 | 22354 |
| 9.250% due 04/01/2029  | 6325 | 6734 |
| **Everglades Re Ltd.**  |  |  |
| 14.794% due 05/13/2027 ~  | 1100 | 1148 |
| 15.794% due 05/13/2031 ~  | 1100 | 1143 |
| 17.044% due 05/13/2031 ~  | 630 | 653 |
| **Fortitude Group Holdings LLC** <br>6.250% due 04/01/2030 | 1000 | 1029 |
| **Fortress Transportation & Infrastructure Investors LLC**  |  |  |
| 5.500% due 05/01/2028  | 6000 | 5971 |
| 5.875% due 04/15/2033  | 4875 | 4818 |
| 7.000% due 05/01/2031  | 16515 | 17112 |
| **Freedom Mortgage Corp.**  |  |  |
| 6.625% due 01/15/2027  | 6900 | 6917 |
| 7.625% due 05/01/2026  | 4000 | 4004 |
| 12.000% due 10/01/2028  | 10425 | 11218 |
| 12.250% due 10/01/2030  | 18375 | 20391 |
| **Freedom Mortgage Holdings LLC**  |  |  |
| 8.375% due 04/01/2032  | 400 | 405 |
| 9.125% due 05/15/2031  | 8900 | 9185 |
| 9.250% due 02/01/2029  | 6400 | 6652 |
| **GGAM Finance Ltd.** <br>6.875% due 04/15/2029 | 6021 | 6240 |
| **Global Atlantic Fin Co.** <br>4.700% due 10/15/2051 •  | 6100 | 5990 |
| **Greengrove RE Ltd.** <br>12.044% due 04/08/2032 ~ | 300 | 300 |
| **Greystar Real Estate Partners LLC** <br>7.750% due 09/01/2030 | 5600 | 5948 |
| **Highwoods Realty LP** <br>3.050% due 02/15/2030 | 1700 | 1553 |
| **HUB International Ltd.** <br>7.250% due 06/15/2030 | 16950 | 17726 |
| **Hudson Pacific Properties LP**  |  |  |
| 3.250% due 01/15/2030  | 3850 | 3152 |
| 5.950% due 02/15/2028  | 5500 | 5368 |
| **Icahn Enterprises LP**  |  |  |
| 5.250% due 05/15/2027  | 2825 | 2740 |
| 6.250% due 05/15/2026  | 10140 | 10076 |
| 10.000% due 11/15/2029  | 1300 | 1289 |
| **Integrity RE Ltd.**  |  |  |
| 14.044% due 06/06/2027 ~  | 250 | 252 |
| 16.544% due 06/06/2028 ~  | 250 | 252 |
| 29.794% due 06/06/2027 ~  | 300 | 302 |
| **Iron Mountain Information Management Services, Inc.** <br>5.000% due 07/15/2032 | 3605 | 3462 |
| **Iron Mountain, Inc.**  |  |  |
| 4.500% due 02/15/2031  | 5925 | 5650 |
| 4.875% due 09/15/2027  | 13196 | 13130 |
| 4.875% due 09/15/2029  | 16050 | 15780 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.250% due 07/15/2030  | 1900 | 1875 |
| 5.625% due 07/15/2032  | 394 | 391 |
| 6.250% due 01/15/2033  | 7650 | 7871 |
| **Jane Street Group**  |  |  |
| 6.750% due 05/01/2033  | 17675 | 18185 |
| 7.125% due 04/30/2031  | 40750 | 42905 |
| **Jefferson Capital Holdings LLC** <br>9.500% due 02/15/2029 | 4825 | 5106 |
| **Ladder Capital Finance Holdings LLLP**  |  |  |
| 4.250% due 02/01/2027  | 6100 | 6018 |
| 4.750% due 06/15/2029  | 2075 | 2022 |
| 7.000% due 07/15/2031  | 6450 | 6749 |
| **LFS Topco LLC** <br>5.875% due 10/15/2026 | 7800 | 7804 |
| **Longleaf Pine Re Ltd.** <br>21.794% due 05/27/2031 ~ | 1150 | 1186 |
| **MMIFS Re Ltd.** <br>5.548% due 01/10/2033 ~ | 250 | 184 |
| **MPT Operating Partnership LP** <br>8.500% due 02/15/2032 | $9650 | 10107 |
| **Nationstar Mortgage Holdings, Inc.**  |  |  |
| 5.125% due 12/15/2030  | 5000 | 5085 |
| 5.500% due 08/15/2028  | 11000 | 10935 |
| 5.750% due 11/15/2031  | 9675 | 9834 |
| 6.500% due 08/01/2029  | 15440 | 15781 |
| 7.125% due 02/01/2032  | 11450 | 11901 |
| **Nature Coast Re Ltd.** <br>14.044% due 04/10/2033 ~ | 250 | 251 |
| **Navient Corp.**  |  |  |
| 5.000% due 03/15/2027  | 6875 | 6852 |
| 5.500% due 03/15/2029  | 9050 | 8870 |
| 6.750% due 06/15/2026  | 424 | 429 |
| 9.375% due 07/25/2030  | 1700 | 1876 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 35575 | 37661 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 1.850% due 09/16/2026  | 3925 | 3746 |
| 6.950% due 09/15/2026  | 4650 | 4707 |
| 7.050% due 09/15/2028  | 10395 | 10628 |
| **OneMain Finance Corp.**  |  |  |
| 3.500% due 01/15/2027  | 9475 | 9282 |
| 4.000% due 09/15/2030  | 9600 | 8865 |
| 5.375% due 11/15/2029  | 9000 | 8859 |
| 6.625% due 01/15/2028  | 8075 | 8344 |
| 6.625% due 05/15/2029  | 13650 | 14036 |
| 7.125% due 11/15/2031  | 7575 | 7887 |
| 7.500% due 05/15/2031  | 15725 | 16442 |
| 9.000% due 01/15/2029  | 22975 | 24108 |
| **Orange Capital RE DAC** <br>8.323% due 01/17/2029 ~ | 250 | 294 |
| **Oxford Finance LLC** <br>6.375% due 02/01/2027 | $13314 | 13397 |
| **Palm RE Ltd.**  |  |  |
| 12.058% due 06/07/2032 ~  | 250 | 250 |
| 13.794% due 06/09/2031 ~  | 250 | 256 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (d) | 7650 | 5444 |
| **Panther Escrow Issuer LLC** <br>7.125% due 06/01/2031 | 27025 | 28090 |
| **Park Intermediate Holdings LLC** <br>5.875% due 10/01/2028 | 3100 | 3098 |
| **Pebblebrook Hotel LP** <br>6.375% due 10/15/2029 | 8885 | 8939 |
| **PennyMac Financial Services, Inc.**  |  |  |
| 4.250% due 02/15/2029  | 13000 | 12510 |
| 5.750% due 09/15/2031  | 7500 | 7360 |
| 6.875% due 05/15/2032  | 11800 | 12072 |
| 7.125% due 11/15/2030  | 14650 | 15192 |
| 7.875% due 12/15/2029  | 7650 | 8129 |
| **PRA Group, Inc.** <br>8.875% due 01/31/2030 | 3600 | 3715 |
| **Purple Re Ltd.** <br>13.294% due 06/07/2027 ~ | 1300 | 1331 |
| **Rfna LP** <br>7.875% due 02/15/2030 | 4250 | 4353 |
| **RHP Hotel Properties LP**  |  |  |
| 4.500% due 02/15/2029  | 17000 | 16628 |
| 6.500% due 04/01/2032  | 5150 | 5300 |
| 6.500% due 06/15/2033  | 2000 | 2059 |
| **RLJ Lodging Trust LP**  |  |  |
| 3.750% due 07/01/2026  | 2105 | 2085 |
| 4.000% due 09/15/2029  | 13075 | 12210 |
| **Rocket Cos., Inc.** <br>6.125% due 08/01/2030 | 22025 | 22458 |
| **Rocket Mortgage LLC**  |  |  |
| 3.625% due 03/01/2029  | 4100 | 3899 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.875% due 03/01/2031  | 5800 | 5381 |
| 4.000% due 10/15/2033  | 5000 | 4477 |
| **SBA Communications Corp.** <br>3.125% due 02/01/2029 | 20500 | 19379 |
| **SLM Corp.** <br>6.500% due 01/31/2030 | 7975 | 8377 |
| **Starwood Property Trust, Inc.**  |  |  |
| 4.375% due 01/15/2027  | 1000 | 991 |
| 6.000% due 04/15/2030  | 4425 | 4479 |
| 6.500% due 07/01/2030  | 6875 | 7106 |
| 6.500% due 10/15/2030  | 4775 | 4942 |
| **Stonex Escrow Issuer LLC** <br>6.875% due 07/15/2032 (a) | 5800 | 5863 |
| **Synchrony Financial** <br>7.250% due 02/02/2033 | 1000 | 1047 |
| **Torrey Pines Re Ltd.**  |  |  |
| 10.308% due 06/07/2032 ~  | 250 | 258 |
| 11.558% due 06/07/2027 ~  | 300 | 313 |
| 13.308% due 06/05/2026 ~  | 250 | 256 |
| **UniCredit SpA** <br>5.459% due 06/30/2035 •  | 28700 | 28547 |
| **Ursa Re Ltd.** <br>11.794% due 02/22/2028 ~ | 550 | 553 |
| **USI, Inc.** <br>7.500% due 01/15/2032 | 500 | 528 |
| **Veraison Re Ltd.** <br>9.294% due 03/08/2033 ~ | 250 | 250 |
| **VFH Parent LLC** <br>7.500% due 06/15/2031 | 7400 | 7771 |
| **Vornado Realty LP** <br>3.400% due 06/01/2031 | 4270 | 3811 |
| **Windmill Re DAC** <br>7.599% due 07/05/2028 ~ | 250 | 297 |
| **Winston RE Ltd.** <br>10.808% due 02/21/2028 ~ | $250 | 254 |
| **XHR LP** <br>6.625% due 05/15/2030 | 1000 | 1020 |
|  |  | 1044104 |
| **INDUSTRIALS 64.5%**  |  |  |
| **180 Medical, Inc.** <br>3.875% due 10/15/2029 | 11000 | 10470 |
| **ADT Security Corp.**  |  |  |
| 4.125% due 08/01/2029  | 1900 | 1837 |
| 4.875% due 07/15/2032  | 11400 | 10951 |
| **Advance Auto Parts, Inc.**  |  |  |
| 3.500% due 03/15/2032  | 9550 | 8370 |
| 3.900% due 04/15/2030  | 1150 | 1078 |
| **Advantage Sales & Marketing, Inc.** <br>6.500% due 11/15/2028 | 8825 | 6887 |
| **Ahlstrom Holding Oyj** <br>4.875% due 02/04/2028 | 13722 | 13106 |
| **Albertsons Cos., Inc.**  |  |  |
| 3.500% due 03/15/2029  | 7325 | 6948 |
| 4.625% due 01/15/2027  | 4801 | 4775 |
| 4.875% due 02/15/2030  | 3250 | 3198 |
| 5.875% due 02/15/2028  | 5284 | 5283 |
| 6.250% due 03/15/2033  | 6525 | 6732 |
| **Albion Financing SARL** <br>7.000% due 05/21/2030 | 43830 | 44839 |
| **Allied Universal Holdco LLC** <br>7.875% due 02/15/2031 | 5625 | 5881 |
| **Allison Transmission, Inc.** <br>3.750% due 01/30/2031 | 12775 | 11717 |
| **Altice France SA**  |  |  |
| 5.125% due 01/15/2029  | 16300 | 13478 |
| 5.125% due 07/15/2029  | 16200 | 13405 |
| 5.500% due 01/15/2028  | 15200 | 12806 |
| 5.500% due 10/15/2029  | 11250 | 9337 |
| **Alumina Pty. Ltd.** <br>6.125% due 03/15/2030 | 14950 | 15185 |
| **AMC Networks, Inc.**  |  |  |
| 4.250% due 02/15/2029  | 17550 | 14076 |
| 10.250% due 01/15/2029  | 10450 | 10842 |
| **Amentum Holdings, Inc.** <br>7.250% due 08/01/2032 | 7750 | 7981 |
| **Amer Sports Co.** <br>6.750% due 02/16/2031 | 6750 | 7033 |
| **American Airlines Pass-Through Trust** <br>3.375% due 11/01/2028 | 2598 | 2534 |
| **American Airlines, Inc.**  |  |  |
| 5.500% due 04/20/2026  | 11337 | 11318 |
| 5.750% due 04/20/2029  | 33325 | 33317 |
| **American Axle & Manufacturing, Inc.**  |  |  |
| 5.000% due 10/01/2029  | 1975 | 1809 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.500% due 04/01/2027  | 1650 | 1651 |
| **American Builders & Contractors Supply Co., Inc.**  |  |  |
| 3.875% due 11/15/2029  | 16908 | 16007 |
| 4.000% due 01/15/2028  | 9125 | 8931 |
| **ams-OSRAM AG** <br>12.250% due 03/30/2029 | 1395 | 1490 |
| **Apache Corp.** <br>4.875% due 11/15/2027 | 3900 | 3880 |
| **APi Group DE, Inc.** <br>4.125% due 07/15/2029 | 19750 | 18845 |
| **Aramark Services, Inc.** <br>5.000% due 02/01/2028 | 5525 | 5508 |
| **Arches Buyer, Inc.** <br>4.250% due 06/01/2028 | 3700 | 3544 |
| **Arcosa, Inc.** <br>6.875% due 08/15/2032 | 600 | 623 |
| **Ardagh Metal Packaging Finance USA LLC** <br>3.250% due 09/01/2028 | 3000 | 2837 |
| **Aris Water Holdings LLC** <br>7.250% due 04/01/2030 | 12725 | 13139 |
| **Ascent Resources Utica Holdings LLC**  |  |  |
| 5.875% due 06/30/2029  | 7000 | 7016 |
| 6.625% due 10/15/2032  | 15375 | 15658 |
| 6.625% due 07/15/2033  | 8175 | 8299 |
| **Aston Martin Capital Holdings Ltd.** <br>10.000% due 03/31/2029 | 23100 | 21899 |
| **AthenaHealth Group, Inc.** <br>6.500% due 02/15/2030 | 8650 | 8522 |
| **ATS Corp.** <br>4.125% due 12/15/2028 | 11000 | 10526 |
| **Avantor Funding, Inc.**  |  |  |
| 3.875% due 11/01/2029  | 6575 | 6230 |
| 4.625% due 07/15/2028  | 8650 | 8500 |
| **Avis Budget Car Rental LLC**  |  |  |
| 4.750% due 04/01/2028  | 915 | 888 |
| 5.375% due 03/01/2029  | 5225 | 5040 |
| 5.750% due 07/15/2027  | 1309 | 1299 |
| **Axalta Coating Systems Dutch Holding B BV** <br>7.250% due 02/15/2031 | 725 | 765 |
| **Axalta Coating Systems LLC** <br>3.375% due 02/15/2029 | 23200 | 21992 |
| **Axon Enterprise, Inc.**  |  |  |
| 6.125% due 03/15/2030  | 8650 | 8917 |
| 6.250% due 03/15/2033  | 4200 | 4335 |
| **B&G Foods, Inc.** <br>8.000% due 09/15/2028 | 375 | 362 |
| **Ball Corp.**  |  |  |
| 2.875% due 08/15/2030  | 25875 | 23347 |
| 3.125% due 09/15/2031  | 1500 | 1347 |
| **Bath & Body Works, Inc.** <br>6.875% due 11/01/2035 | 5950 | 6179 |
| **Bausch & Lomb Corp.** <br>8.375% due 10/01/2028 | 27375 | 28607 |
| **BC Ltd.** <br>10.000% due 04/15/2032 | 20100 | 20291 |
| **BC ULC**  |  |  |
| 3.500% due 02/15/2029  | 13950 | 13298 |
| 3.875% due 01/15/2028  | 20000 | 19500 |
| 4.000% due 10/15/2030  | 43900 | 40955 |
| 4.375% due 01/15/2028  | 9000 | 8834 |
| **Beach Acquisition Bidco LLC (10.000% Cash or 10.750% PIK)** <br>10.000% due 07/15/2033 (a)(b) | 12400 | 12884 |
| **Beacon Mobility Corp.** <br>7.250% due 08/01/2030 (a) | 8775 | 8966 |
| **BellRing Brands, Inc.** <br>7.000% due 03/15/2030 | 2000 | 2085 |
| **Block, Inc.**  |  |  |
| 2.750% due 06/01/2026  | 10850 | 10630 |
| 3.500% due 06/01/2031  | 26075 | 23938 |
| 6.500% due 05/15/2032  | 15175 | 15666 |
| **Boise Cascade Co.** <br>4.875% due 07/01/2030 | 800 | 779 |
| **Bombardier, Inc.**  |  |  |
| 6.750% due 06/15/2033  | 10000 | 10375 |
| 7.250% due 07/01/2031  | 5500 | 5780 |
| 8.750% due 11/15/2030  | 1250 | 1355 |
| **Boyd Gaming Corp.** <br>4.750% due 06/15/2031 | 7450 | 7145 |
| **Buckeye Partners LP** <br>4.500% due 03/01/2028 | 3500 | 3450 |
| **Builders FirstSource, Inc.**  |  |  |
| 4.250% due 02/01/2032  | 24457 | 22676 |
| 5.000% due 03/01/2030  | 16100 | 15817 |
| 6.375% due 03/01/2034  | 25 | 26 |
| 6.750% due 05/15/2035  | 10000 | 10309 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **BWX** **Technologies, Inc.**  |  |  |
| 4.125% due 06/30/2028  | 4350 | 4247 |
| 4.125% due 04/15/2029  | 7025 | 6778 |
| **CACI International, Inc.** <br>6.375% due 06/15/2033 | 6225 | 6432 |
| **Caesars Entertainment, Inc.** <br>7.000% due 02/15/2030 | 12204 | 12646 |
| **Camelot Finance SA** <br>4.500% due 11/01/2026 | 3000 | 2956 |
| **Capstone Borrower, Inc.** <br>8.000% due 06/15/2030 | 3175 | 3307 |
| **Carnival Corp.**  |  |  |
| 4.000% due 08/01/2028  | 37150 | 36384 |
| 5.750% due 03/01/2027  | 2075 | 2093 |
| 5.750% due 03/15/2030  | 29750 | 30273 |
| 5.875% due 06/15/2031  | 5325 | 5428 |
| **Carvana Co. (11.000% Cash or 13.000% PIK)** <br>11.000% due 06/01/2030 (b) | 11025 | 11601 |
| **Carvana Co. (14.000% PIK)** <br>14.000% due 06/01/2031 (b) | 3925 | 4520 |
| **CCO Holdings LLC**  |  |  |
| 4.250% due 02/01/2031  | 27975 | 26151 |
| 4.500% due 08/15/2030  | 27000 | 25758 |
| 4.500% due 05/01/2032  | 7125 | 6640 |
| 4.750% due 03/01/2030  | 29500 | 28602 |
| 5.000% due 02/01/2028  | 22825 | 22630 |
| 5.125% due 05/01/2027  | 5500 | 5486 |
| 5.375% due 06/01/2029  | 24300 | 24228 |
| **Celanese U.S. Holdings LLC**  |  |  |
| 6.500% due 04/15/2030  | 15450 | 15825 |
| 6.629% due 07/15/2032  | 8950 | 9389 |
| **Central Parent LLC** <br>8.000% due 06/15/2029 | 7275 | 6023 |
| **Cerdia Finanz GmbH** <br>9.375% due 10/03/2031 | 34745 | 36099 |
| **Cheplapharm Arzneimittel GmbH** <br>5.500% due 01/15/2028 | 5700 | 5514 |
| **Chobani LLC** <br>7.625% due 07/01/2029 | 4553 | 4750 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | 24350 | 24892 |
| **Churchill Downs, Inc.**  |  |  |
| 4.750% due 01/15/2028  | 21600 | 21335 |
| 5.750% due 04/01/2030  | 9700 | 9738 |
| 6.750% due 05/01/2031  | 8400 | 8644 |
| **Cimpress PLC** <br>7.375% due 09/15/2032 | 125 | 119 |
| **Civitas Resources, Inc.** <br>8.750% due 07/01/2031 | 10475 | 10604 |
| **Clarios Global LP** <br>6.750% due 02/15/2030 | 950 | 989 |
| **Clarivate Science Holdings Corp.**  |  |  |
| 3.875% due 07/01/2028  | 20000 | 19186 |
| 4.875% due 07/01/2029  | 7600 | 7164 |
| **Cleveland-Cliffs, Inc.**  |  |  |
| 5.875% due 06/01/2027  | 3804 | 3803 |
| 6.875% due 11/01/2029  | 11344 | 11179 |
| 7.000% due 03/15/2032  | 17402 | 16426 |
| **Cloud Software Group, Inc.**  |  |  |
| 6.500% due 03/31/2029  | 25125 | 25375 |
| 8.250% due 06/30/2032  | 7425 | 7909 |
| **Clydesdale Acquisition Holdings, Inc.**  |  |  |
| 6.625% due 04/15/2029  | 10000 | 10151 |
| 6.750% due 04/15/2032  | 7975 | 8189 |
| 6.875% due 01/15/2030  | 9350 | 9570 |
| 8.750% due 04/15/2030  | 24250 | 24820 |
| **CNX Midstream Partners LP** <br>4.750% due 04/15/2030 | 2125 | 2013 |
| **Cogent Communications Group LLC** <br>6.500% due 07/01/2032 | 21575 | 21272 |
| **Coherent Corp.** <br>5.000% due 12/15/2029 | 3000 | 2950 |
| **CommScope LLC** <br>4.750% due 09/01/2029 | 6625 | 6476 |
| **Community Health Systems, Inc.**  |  |  |
| 4.750% due 02/15/2031  | 19975 | 17093 |
| 5.250% due 05/15/2030  | 6175 | 5482 |
| 5.625% due 03/15/2027  | 21875 | 21560 |
| 6.000% due 01/15/2029  | 11942 | 11496 |
| 10.875% due 01/15/2032  | 14825 | 15731 |
| **Connect Finco SARL** <br>9.000% due 09/15/2029 | 6700 | 6743 |
| **Consolidated Communications, Inc.** <br>5.000% due 10/01/2028 | 4000 | 4045 |
| **CoreWeave, Inc.** <br>9.250% due 06/01/2030 | 7300 | 7469 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CQP** **Holdco LP** <br>5.500% due 06/15/2031 | 41555 | 41080 |
| **Crescent Energy Finance LLC**  |  |  |
| 7.375% due 01/15/2033  | 7950 | 7606 |
| 7.625% due 04/01/2032  | 5500 | 5375 |
| 8.375% due 01/15/2034 (a)  | 8025 | 8036 |
| **Crocs, Inc.** <br>4.125% due 08/15/2031 | 5000 | 4508 |
| **Crowdstrike Holdings, Inc.** <br>3.000% due 02/15/2029 | 17975 | 17018 |
| **Crown Americas LLC** <br>5.875% due 06/01/2033 | 8125 | 8186 |
| **Czechoslovak Group AS** <br>6.500% due 01/10/2031 (a) | 18900 | 19088 |
| **DaVita, Inc.**  |  |  |
| 4.625% due 06/01/2030  | 23425 | 22460 |
| 6.750% due 07/15/2033  | 11225 | 11598 |
| **Dcli Bidco LLC** <br>7.750% due 11/15/2029 | 13975 | 14168 |
| **Delek Logistics Partners LP** <br>7.375% due 06/30/2033 | 3700 | 3686 |
| **Diamond Foreign Asset Co.** <br>8.500% due 10/01/2030 | 10925 | 11384 |
| **DirecTV Financing LLC**  |  |  |
| 5.875% due 08/15/2027  | 16075 | 16033 |
| 10.000% due 02/15/2031  | 5700 | 5538 |
| **Discovery Communications LLC** <br>3.625% due 05/15/2030 | 875 | 773 |
| **DISH Network Corp.** <br>11.750% due 11/15/2027 | 7500 | 7737 |
| **DT Midstream, Inc.** <br>4.375% due 06/15/2031 | 2775 | 2659 |
| **EchoStar Corp.** <br>10.750% due 11/30/2029 | 26300 | 27111 |
| **EchoStar Corp. (6.750% Cash or 6.750% PIK)** <br>6.750% due 11/30/2030 (b) | 13725 | 12536 |
| **Efesto Bidco SpA Efesto U.S. LLC** <br>7.500% due 02/15/2032 | 13300 | 13478 |
| **Elanco Animal Health, Inc.** <br>6.650% due 08/28/2028 | 5100 | 5318 |
| **Element Solutions, Inc.** <br>3.875% due 09/01/2028 | 12500 | 12131 |
| **Ellucian Holdings, Inc.** <br>6.500% due 12/01/2029 | 3650 | 3742 |
| **Embecta Corp.** <br>5.000% due 02/15/2030 | 7075 | 6400 |
| **EMRLD Borrower LP** <br>6.625% due 12/15/2030 | 8000 | 8187 |
| **Endo Finance Holdings, Inc.** <br>8.500% due 04/15/2031 | 3675 | 3895 |
| **EQT Corp.**  |  |  |
| 4.500% due 01/15/2029  | 14072 | 13906 |
| 4.750% due 01/15/2031  | 8375 | 8248 |
| 6.500% due 07/01/2027  | 7950 | 8132 |
| 7.500% due 06/01/2030  | 1875 | 2062 |
| **Excelerate Energy LP** <br>8.000% due 05/15/2030 | 3475 | 3666 |
| **Fair Isaac Corp.** <br>4.000% due 06/15/2028 | 3100 | 3020 |
| **Fertitta Entertainment LLC** <br>4.625% due 01/15/2029 | 10000 | 9584 |
| **First Student Bidco, Inc.** <br>4.000% due 07/31/2029 | 15350 | 14440 |
| **FMG Resources Pty. Ltd.**  |  |  |
| 4.375% due 04/01/2031  | 9625 | 9001 |
| 4.500% due 09/15/2027  | 3050 | 3015 |
| 5.875% due 04/15/2030  | 6300 | 6384 |
| **Fortress Intermediate, Inc.** <br>7.500% due 06/01/2031 | 8225 | 8627 |
| **Frontier Communications Holdings LLC**  |  |  |
| 6.000% due 01/15/2030  | 19200 | 19464 |
| 8.625% due 03/15/2031  | 5500 | 5848 |
| **Gap, Inc.**  |  |  |
| 3.625% due 10/01/2029  | 15679 | 14581 |
| 3.875% due 10/01/2031  | 9975 | 8966 |
| **Garda World Security Corp.** <br>4.625% due 02/15/2027 | 4200 | 4177 |
| **Genesee & Wyoming, Inc.** <br>6.250% due 04/15/2032 | 1125 | 1149 |
| **GFL Environmental, Inc.**  |  |  |
| 3.500% due 09/01/2028  | 8000 | 7722 |
| 4.000% due 08/01/2028  | 14900 | 14463 |
| 4.375% due 08/15/2029  | 3000 | 2916 |
| **Global Medical Response, Inc.** <br>9.500% due 10/31/2028 | 8082 | 8117 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Global** **Partners LP** <br>7.125% due 07/01/2033 | 8150 | 8270 |
| **Go Daddy Operating Co. LLC** <br>3.500% due 03/01/2029 | 9000 | 8513 |
| **Goat Holdco LLC** <br>6.750% due 02/01/2032 | 15173 | 15438 |
| **goeasy Ltd.**  |  |  |
| 6.875% due 05/15/2030  | 2475 | 2491 |
| 7.375% due 10/01/2030  | 19825 | 20274 |
| 7.625% due 07/01/2029  | 15375 | 15861 |
| 9.250% due 12/01/2028  | 10750 | 11381 |
| **Goodyear Tire & Rubber Co.**  |  |  |
| 5.000% due 07/15/2029  | 5450 | 5332 |
| 5.250% due 04/30/2031  | 850 | 817 |
| 5.250% due 07/15/2031  | 1925 | 1847 |
| **Graham Packaging Co., Inc.** <br>7.125% due 08/15/2028 | 25050 | 25020 |
| **Graphic Packaging International LLC**  |  |  |
| 3.500% due 03/15/2028  | 3000 | 2877 |
| 3.500% due 03/01/2029  | 4475 | 4224 |
| 3.750% due 02/01/2030  | 5650 | 5301 |
| 6.375% due 07/15/2032  | 2900 | 2965 |
| **Gray Media, Inc.**  |  |  |
| 4.750% due 10/15/2030  | 1825 | 1382 |
| 5.375% due 11/15/2031  | 3200 | 2402 |
| 10.500% due 07/15/2029  | 5950 | 6397 |
| **Griffon Corp.** <br>5.750% due 03/01/2028 | 14945 | 14953 |
| **Gulfport Energy Operating Corp.** <br>6.750% due 09/01/2029 | 4150 | 4258 |
| **GYP Holdings Corp.** <br>4.625% due 05/01/2029 | 7724 | 7747 |
| **HealthEquity, Inc.** <br>4.500% due 10/01/2029 | 11800 | 11488 |
| **Herc Holdings, Inc.**  |  |  |
| 5.500% due 07/15/2027  | 5004 | 5008 |
| 7.000% due 06/15/2030  | 11925 | 12461 |
| 7.250% due 06/15/2033  | 11825 | 12398 |
| **Hess Midstream Operations LP** <br>5.875% due 03/01/2028 | 8100 | 8226 |
| **Hilton Domestic Operating Co., Inc.**  |  |  |
| 3.625% due 02/15/2032  | 19000 | 17223 |
| 3.750% due 05/01/2029  | 9400 | 9017 |
| 4.000% due 05/01/2031  | 9000 | 8468 |
| **Hilton Grand Vacations Borrower LLC** <br>5.000% due 06/01/2029 | 9075 | 8734 |
| **Hologic, Inc.** <br>3.250% due 02/15/2029 | 17675 | 16856 |
| **Howard Midstream Energy Partners LLC**  |  |  |
| 7.375% due 07/15/2032  | 18145 | 19096 |
| 8.875% due 07/15/2028  | 6200 | 6513 |
| **IHO Verwaltungs GmbH (7.750% Cash or 8.500% PIK)** <br>7.750% due 11/15/2030 (b) | 8750 | 8987 |
| **IHO Verwaltungs GmbH (8.000% Cash or 8.750% PIK)** <br>8.000% due 11/15/2032 (b) | 1400 | 1433 |
| **Imola Merger Corp.** <br>4.750% due 05/15/2029 | 12400 | 11980 |
| **INEOS Finance PLC** <br>6.750% due 05/15/2028 | 1000 | 994 |
| **Ingevity Corp.** <br>3.875% due 11/01/2028 | 40404 | 38561 |
| **Insulet Corp.** <br>6.500% due 04/01/2033 | 2950 | 3078 |
| **Intelligent Packaging Ltd. Finco, Inc.** <br>6.000% due 09/15/2028 | 23843 | 23843 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 | 11481 | 11736 |
| **IQVIA, Inc.** <br>6.250% due 06/01/2032 | 29650 | 30464 |
| **Jazz Securities DAC** <br>4.375% due 01/15/2029 | 7700 | 7443 |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 | 34300 | 33391 |
| **Kaiser Aluminum Corp.** <br>4.625% due 03/01/2028 | 6548 | 6411 |
| **KBR, Inc.** <br>4.750% due 09/30/2028 | 1982 | 1908 |
| **Kinetik Holdings LP** <br>6.625% due 12/15/2028 | 1000 | 1023 |
| **Kodiak Gas Services LLC** <br>7.250% due 02/15/2029 | 2025 | 2096 |
| **Kraken Oil & Gas Partners LLC** <br>7.625% due 08/15/2029 | 19650 | 19321 |
| **Lamar Media Corp.**  |  |  |
| 3.625% due 01/15/2031  | 2800 | 2589 |
| 3.750% due 02/15/2028  | 5565 | 5398 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.000% due 02/15/2030  | 3100 | 2964 |
| **Lamb Weston Holdings, Inc.**  |  |  |
| 4.125% due 01/31/2030  | 3375 | 3222 |
| 4.875% due 05/15/2028  | 8000 | 7958 |
| **Level 3 Financing, Inc.**  |  |  |
| 4.500% due 04/01/2030  | 8250 | 7507 |
| 6.875% due 06/30/2033  | 11675 | 11888 |
| 10.750% due 12/15/2030  | 7018 | 7974 |
| 11.000% due 11/15/2029  | 11914 | 13682 |
| **Levi Strauss & Co.** <br>3.500% due 03/01/2031 | 3000 | 2748 |
| **LifePoint Health, Inc.**  |  |  |
| 8.375% due 02/15/2032  | 9675 | 10317 |
| 11.000% due 10/15/2030  | 23070 | 25480 |
| **Light & Wonder International, Inc.** <br>7.500% due 09/01/2031 | 6500 | 6806 |
| **Lithia Motors, Inc.**  |  |  |
| 3.875% due 06/01/2029  | 1000 | 954 |
| 4.375% due 01/15/2031  | 5025 | 4782 |
| 4.625% due 12/15/2027  | 3150 | 3128 |
| **Live Nation Entertainment, Inc.** <br>3.750% due 01/15/2028 | 3775 | 3662 |
| **Madison IAQ LLC** <br>4.125% due 06/30/2028 | 5100 | 4958 |
| **Matador Resources Co.**  |  |  |
| 6.250% due 04/15/2033  | 32200 | 32042 |
| 6.500% due 04/15/2032  | 5025 | 5031 |
| **Match Group Holdings LLC**  |  |  |
| 3.625% due 10/01/2031  | 2975 | 2664 |
| 4.625% due 06/01/2028  | 5000 | 4883 |
| 5.000% due 12/15/2027  | 3569 | 3552 |
| **Mauser Packaging Solutions Holding Co.** <br>7.875% due 04/15/2027 | 21000 | 21370 |
| **McGraw-Hill Education, Inc.**  |  |  |
| 5.750% due 08/01/2028  | 3284 | 3306 |
| 7.375% due 09/01/2031  | 12550 | 13101 |
| **Medline Borrower LP**  |  |  |
| 3.875% due 04/01/2029  | 53550 | 51405 |
| 5.250% due 10/01/2029  | 1000 | 993 |
| **MEG Energy Corp.** <br>5.875% due 02/01/2029 | 23575 | 23566 |
| **Merlin Entertainments Group U.S. Holdings, Inc.** <br>7.375% due 02/15/2031 | 6400 | 5723 |
| **Midwest Gaming Borrower LLC** <br>4.875% due 05/01/2029 | 18050 | 17398 |
| **Mineral Resources Ltd.** <br>9.250% due 10/01/2028 | 3100 | 3176 |
| **Miter Brands Acquisition Holdco, Inc.** <br>6.750% due 04/01/2032 | 2000 | 2053 |
| **Molina Healthcare, Inc.**  |  |  |
| 3.875% due 05/15/2032  | 3300 | 3006 |
| 4.375% due 06/15/2028  | 10975 | 10735 |
| 6.250% due 01/15/2033  | 11175 | 11382 |
| **Motion Finco SARL** <br>8.375% due 02/15/2032 | 6400 | 5867 |
| **Murphy Oil USA, Inc.** <br>3.750% due 02/15/2031 | 12975 | 11984 |
| **NCL Corp. Ltd.**  |  |  |
| 5.875% due 02/15/2027  | 10250 | 10300 |
| 6.750% due 02/01/2032  | 8125 | 8306 |
| **NCR Atleos Corp.** <br>9.500% due 04/01/2029 | 5650 | 6193 |
| **NCR Voyix Corp.**  |  |  |
| 5.125% due 04/15/2029  | 7000 | 6901 |
| 5.250% due 10/01/2030  | 10500 | 10159 |
| **Neptune Bidco U.S., Inc.** <br>9.290% due 04/15/2029 | 9350 | 9112 |
| **Newell Brands, Inc.**  |  |  |
| 6.375% due 05/15/2030  | 3300 | 3219 |
| 8.500% due 06/01/2028  | 16700 | 17580 |
| **Newfold Digital Holdings Group, Inc.** <br>11.750% due 10/15/2028 « | 24900 | 18799 |
| **Nexstar Media, Inc.**  |  |  |
| 4.750% due 11/01/2028  | 8900 | 8675 |
| 5.625% due 07/15/2027  | 10975 | 10956 |
| **NFE Financing LLC** <br>12.000% due 11/15/2029 | 6983 | 3176 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 4.345% due 09/17/2027  | 3000 | 2882 |
| 4.810% due 09/17/2030  | 1600 | 1469 |
| **Noble Finance LLC** <br>8.000% due 04/15/2030 | 31864 | 32472 |
| **Nordstrom, Inc.**  |  |  |
| 4.250% due 08/01/2031  | 1850 | 1644 |
| 4.375% due 04/01/2030  | 250 | 232 |
| 5.000% due 01/15/2044  | 6000 | 4189 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Northriver** **Midstream Finance LP** <br>6.750% due 07/15/2032 | 10800 | 11193 |
| **NOVA Chemicals Corp.**  |  |  |
| 4.250% due 05/15/2029  | 8175 | 7868 |
| 7.000% due 12/01/2031  | 9900 | 10379 |
| **Novelis Corp.**  |  |  |
| 3.875% due 08/15/2031  | 6700 | 6026 |
| 4.750% due 01/30/2030  | 19000 | 18218 |
| 6.875% due 01/30/2030  | 4675 | 4837 |
| **NuStar Logistics LP** <br>6.375% due 10/01/2030 | 13625 | 14128 |
| **Odeon Finco PLC** <br>12.750% due 11/01/2027 | 1150 | 1203 |
| **Olympus Water U.S. Holding Corp.**  |  |  |
| 4.250% due 10/01/2028  | 15106 | 14375 |
| 7.125% due 10/01/2027  | 2086 | 2125 |
| **ON Semiconductor Corp.** <br>3.875% due 09/01/2028 | 13000 | 12587 |
| **Opal Bidco SAS** <br>6.500% due 03/31/2032 | 23325 | 23821 |
| **Open Text Corp.** <br>3.875% due 12/01/2029 | 1375 | 1297 |
| **Open Text Holdings, Inc.** <br>4.125% due 02/15/2030 | 5965 | 5643 |
| **Option Care Health, Inc.** <br>4.375% due 10/31/2029 | 15000 | 14448 |
| **Organon & Co.**  |  |  |
| 4.125% due 04/30/2028  | 27175 | 26153 |
| 5.125% due 04/30/2031  | 6225 | 5408 |
| 6.750% due 05/15/2034  | 2100 | 2019 |
| **Parkland Corp.** <br>4.500% due 10/01/2029 | 3000 | 2886 |
| **Performance Food Group, Inc.**  |  |  |
| 4.250% due 08/01/2029  | 15075 | 14551 |
| 5.500% due 10/15/2027  | 2000 | 1997 |
| **Permian Resources Operating LLC**  |  |  |
| 5.875% due 07/01/2029  | 4459 | 4479 |
| 6.250% due 02/01/2033  | 28125 | 28404 |
| 7.000% due 01/15/2032  | 7750 | 8039 |
| 8.000% due 04/15/2027  | 2900 | 2967 |
| **Perrigo Finance Unlimited Co.** <br>4.900% due 06/15/2030 | 12500 | 12299 |
| **PetSmart, Inc.**  |  |  |
| 4.750% due 02/15/2028  | 6425 | 6271 |
| 7.750% due 02/15/2029  | 2400 | 2335 |
| **Post Holdings, Inc.**  |  |  |
| 4.500% due 09/15/2031  | 5250 | 4878 |
| 4.625% due 04/15/2030  | 20475 | 19702 |
| 5.500% due 12/15/2029  | 29600 | 29491 |
| 6.250% due 10/15/2034  | 14275 | 14392 |
| **Precision Drilling Corp.** <br>6.875% due 01/15/2029 | 2400 | 2373 |
| **Prime Healthcare Services, Inc.** <br>9.375% due 09/01/2029 | 19775 | 19641 |
| **Prime Security Services Borrower LLC** <br>3.375% due 08/31/2027 | 3000 | 2908 |
| **Primo Water Holdings, Inc.**  |  |  |
| 4.375% due 04/30/2029  | 6050 | 5872 |
| 6.250% due 04/01/2029  | 24743 | 24936 |
| **PTC, Inc.** <br>4.000% due 02/15/2028 | 6205 | 6036 |
| **Quikrete Holdings, Inc.**  |  |  |
| 6.375% due 03/01/2032  | 40700 | 41878 |
| 6.750% due 03/01/2033  | 6125 | 6324 |
| **QXO Building Products, Inc.** <br>6.750% due 04/30/2032 | 19925 | 20577 |
| **Radiology Partners, Inc.** <br>8.500% due 07/15/2032 | 6425 | 6448 |
| **Raising Cane's Restaurants LLC** <br>9.375% due 05/01/2029 | 5650 | 5970 |
| **Rakuten Group, Inc.**  |  |  |
| 8.125% due 12/15/2029 •(e)  | 3025 | 2966 |
| 9.750% due 04/15/2029  | 17650 | 19383 |
| 11.250% due 02/15/2027  | 5800 | 6311 |
| **Rand Parent LLC** <br>8.500% due 02/15/2030 | 24175 | 24296 |
| **Range Resources Corp.** <br>4.750% due 02/15/2030 | 9425 | 9175 |
| **Raven Acquisition Holdings LLC** <br>6.875% due 11/15/2031 | 21875 | 21931 |
| **ROBLOX Corp.** <br>3.875% due 05/01/2030 | 10000 | 9443 |
| **Rockies Express Pipeline LLC**  |  |  |
| 4.800% due 05/15/2030  | 3900 | 3784 |
| 4.950% due 07/15/2029  | 5900 | 5796 |
| 6.750% due 03/15/2033  | 5150 | 5381 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Royal** **Caribbean Cruises Ltd.**  |  |  |
| 4.250% due 07/01/2026  | 7750 | 7716 |
| 5.375% due 07/15/2027  | 18875 | 18998 |
| 5.500% due 08/31/2026  | 20200 | 20284 |
| 5.625% due 09/30/2031  | 9925 | 9992 |
| **Sabre GLBL, Inc.**  |  |  |
| 8.625% due 06/01/2027  | 434 | 445 |
| 10.750% due 11/15/2029  | 1775 | 1831 |
| **SCIH Salt Holdings, Inc.** <br>4.875% due 05/01/2028 | 1100 | 1072 |
| **Scripps Escrow, Inc.** <br>3.875% due 01/15/2029 | 3400 | 2963 |
| **Seadrill Finance Ltd.** <br>8.375% due 08/01/2030 | 28375 | 28921 |
| **Seagate Data Storage Technology Pte Ltd.**  |  |  |
| 4.091% due 06/01/2029  | 7988 | 7659 |
| 5.750% due 12/01/2034  | 1600 | 1585 |
| **Seagate Data Storage Technology Pte. Ltd.** <br>5.875% due 07/15/2030 | 12000 | 12209 |
| **Seagate HDD Cayman**  |  |  |
| 9.625% due 12/01/2032  | 10000 | 11280 |
| **Sensata Technologies BV** <br>4.000% due 04/15/2029 | 2000 | 1904 |
| **Sensata Technologies, Inc.** <br>3.750% due 02/15/2031 | 12850 | 11725 |
| **Service Corp. International** <br>3.375% due 08/15/2030 | 14875 | 13683 |
| **Shift4 Payments LLC** <br>6.750% due 08/15/2032 | 6650 | 6911 |
| **Simmons Foods, Inc.** <br>4.625% due 03/01/2029 | 23850 | 22539 |
| **Sirius XM Radio LLC**  |  |  |
| 3.875% due 09/01/2031  | 26975 | 23995 |
| 4.125% due 07/01/2030  | 9350 | 8627 |
| 5.000% due 08/01/2027  | 1950 | 1935 |
| **SK Invictus Intermediate SARL** <br>5.000% due 10/30/2029 | 3225 | 3125 |
| **SM Energy Co.**  |  |  |
| 6.750% due 08/01/2029  | 14104 | 14064 |
| 7.000% due 08/01/2032  | 1725 | 1702 |
| **Snap, Inc.** <br>6.875% due 03/01/2033 | 21597 | 22175 |
| **Specialty Building Products Holdings LLC** <br>7.750% due 10/15/2029 | 4025 | 3959 |
| **Speedway Motorsports LLC** <br>4.875% due 11/01/2027 | 12500 | 12418 |
| **Spirit Loyalty Cayman Ltd. (11.000% Cash or 4.000% PIK and 8.000% Cash)** <br>11.000% due 03/12/2030 (b) | 16080 | 10953 |
| **SS&C Technologies, Inc.**  |  |  |
| 5.500% due 09/30/2027  | 1700 | 1703 |
| 6.500% due 06/01/2032  | 5675 | 5896 |
| **Stagwell Global LLC** <br>5.625% due 08/15/2029 | 11000 | 10533 |
| **Standard Industries, Inc.**  |  |  |
| 3.375% due 01/15/2031  | 24100 | 21630 |
| 4.375% due 07/15/2030  | 11350 | 10754 |
| 4.750% due 01/15/2028  | 5000 | 4948 |
| **Star Parent, Inc.** <br>9.000% due 10/01/2030 | 6075 | 6397 |
| **Station Casinos LLC**  |  |  |
| 4.500% due 02/15/2028  | 13925 | 13664 |
| 4.625% due 12/01/2031  | 8775 | 8225 |
| 6.625% due 03/15/2032  | 10175 | 10410 |
| **Stonepeak Nile Parent LLC** <br>7.250% due 03/15/2032 | 5750 | 6099 |
| **Strathcona Resources Ltd.** <br>6.875% due 08/01/2026 | 16515 | 16527 |
| **Sunoco LP**  |  |  |
| 6.250% due 07/01/2033  | 10800 | 10987 |
| 7.000% due 05/01/2029  | 9325 | 9718 |
| **TEGNA, Inc.**  |  |  |
| 4.625% due 03/15/2028  | 8675 | 8463 |
| 5.000% due 09/15/2029  | 25613 | 24484 |
| **Teleflex, Inc.** <br>4.625% due 11/15/2027 | 5059 | 5012 |
| **Tenet Healthcare Corp.** <br>4.375% due 01/15/2030 | 11000 | 10657 |
| **Teva Pharmaceutical Finance Netherlands BV**  |  |  |
| 5.750% due 12/01/2030  | 15675 | 15966 |
| 6.000% due 12/01/2032  | 19775 | 20212 |
| **TGS ASA** <br>8.500% due 01/15/2030 | 13313 | 13793 |
| **Tidewater, Inc.** <br>9.125% due 07/15/2030 (a) | 7850 | 8082 |
| **TK Elevator U.S. Newco, Inc.** <br>5.250% due 07/15/2027 | 12582 | 12582 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **TopBuild** **Corp.**  |  |  |
| 3.625% due 03/15/2029  | 22321 | 21133 |
| 4.125% due 02/15/2032  | 24208 | 22465 |
| **Toucan FinCo Ltd.** <br>9.500% due 05/15/2030 | 14575 | 14911 |
| **TransDigm, Inc.**  |  |  |
| 4.625% due 01/15/2029  | 15800 | 15514 |
| 6.000% due 01/15/2033  | 15000 | 15091 |
| 6.375% due 03/01/2029  | 23400 | 24036 |
| 6.875% due 12/15/2030  | 14625 | 15185 |
| 7.125% due 12/01/2031  | 3750 | 3934 |
| **Transocean Aquila Ltd.** <br>8.000% due 09/30/2028 | 815 | 824 |
| **Transocean, Inc.**  |  |  |
| 8.000% due 02/01/2027  | 3575 | 3524 |
| 8.250% due 05/15/2029  | 4825 | 4465 |
| 8.750% due 02/15/2030  | 5880 | 6051 |
| **Travel & Leisure Co.** <br>4.625% due 03/01/2030 | 3375 | 3238 |
| **Triumph Group, Inc.** <br>9.000% due 03/15/2028 | 18538 | 19385 |
| **Trivium Packaging Finance BV** <br>8.250% due 07/15/2030 | 6350 | 6720 |
| **Twilio, Inc.**  |  |  |
| 3.625% due 03/15/2029  | 3000 | 2859 |
| 3.875% due 03/15/2031  | 12300 | 11515 |
| **U.S. Acute Care Solutions LLC** <br>9.750% due 05/15/2029 | 6225 | 6428 |
| **U.S. Foods, Inc.**  |  |  |
| 4.625% due 06/01/2030  | 9000 | 8772 |
| 4.750% due 02/15/2029  | 23375 | 22987 |
| 5.750% due 04/15/2033  | 600 | 601 |
| 6.875% due 09/15/2028  | 3525 | 3649 |
| **UKG, Inc.** <br>6.875% due 02/01/2031 | 18675 | 19388 |
| **Unisys Corp.** <br>10.625% due 01/15/2031 | 6200 | 6392 |
| **United Airlines, Inc.**  |  |  |
| 4.375% due 04/15/2026  | 5325 | 5293 |
| 4.625% due 04/15/2029  | 4900 | 4760 |
| **United Rentals North America, Inc.**  |  |  |
| 3.750% due 01/15/2032  | 2000 | 1839 |
| 3.875% due 02/15/2031  | 1000 | 941 |
| 4.000% due 07/15/2030  | 10000 | 9549 |
| 4.875% due 01/15/2028  | 2000 | 1993 |
| 6.125% due 03/15/2034  | 21050 | 21708 |
| **Univision Communications, Inc.**  |  |  |
| 4.500% due 05/01/2029  | 24175 | 22004 |
| 6.625% due 06/01/2027  | 13000 | 12976 |
| 7.375% due 06/30/2030  | 3500 | 3442 |
| 8.000% due 08/15/2028  | 16100 | 16351 |
| 8.500% due 07/31/2031  | 975 | 977 |
| **USA Compression Partners LP** <br>7.125% due 03/15/2029 | 2000 | 2051 |
| **Vail Resorts, Inc.** <br>5.625% due 07/15/2030 (a) | 4725 | 4749 |
| **Valaris Ltd.** <br>8.375% due 04/30/2030 | 39525 | 40583 |
| **Valvoline, Inc.** <br>3.625% due 06/15/2031 | 19715 | 17867 |
| **Venture Global Calcasieu Pass LLC** <br>3.875% due 11/01/2033 | 6925 | 6062 |
| **Venture Global LNG, Inc.**  |  |  |
| 7.000% due 01/15/2030  | 38025 | 38473 |
| 8.125% due 06/01/2028  | 3000 | 3103 |
| 8.375% due 06/01/2031  | 67100 | 69740 |
| 9.500% due 02/01/2029  | 8300 | 9047 |
| 9.875% due 02/01/2032  | 4500 | 4863 |
| **Venture Global Plaquemines LNG LLC**  |  |  |
| 6.500% due 01/15/2034 (a)  | 9675 | 9675 |
| 6.750% due 01/15/2036 (a)  | 10850 | 10850 |
| 7.500% due 05/01/2033  | 16275 | 17439 |
| **Veritiv Operating Co.** <br>10.500% due 11/30/2030 | 6775 | 7342 |
| **Vertiv Group Corp.** <br>4.125% due 11/15/2028 | 15000 | 14639 |
| **VF Corp.**  |  |  |
| 2.800% due 04/23/2027  | 3088 | 2952 |
| 2.950% due 04/23/2030  | 16518 | 13949 |
| **Viavi Solutions, Inc.** <br>3.750% due 10/01/2029 | 4550 | 4256 |
| **Victra Holdings LLC** <br>8.750% due 09/15/2029 | 1550 | 1626 |
| **Viking Cruises Ltd.**  |  |  |
| 7.000% due 02/15/2029  | 4300 | 4340 |
| 9.125% due 07/15/2031  | 20200 | 21768 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Virgin** **Media Finance PLC** <br>5.000% due 07/15/2030 | 9000 | 8232 |
| **Virgin Media Secured Finance PLC**  |  |  |
| 4.500% due 08/15/2030  | 13000 | 12090 |
| 5.500% due 05/15/2029  | 12800 | 12598 |
| **Viridien** <br>10.000% due 10/15/2030 | 1375 | 1354 |
| **VistaJet Malta Finance PLC**  |  |  |
| 6.375% due 02/01/2030  | 325 | 305 |
| 7.875% due 05/01/2027  | 5550 | 5589 |
| 9.500% due 06/01/2028  | 4000 | 4114 |
| **Vmed O2 U.K. Financing PLC**  |  |  |
| 4.250% due 01/31/2031  | 16000 | 14668 |
| 4.750% due 07/15/2031  | 16000 | 14810 |
| 7.750% due 04/15/2032  | 4725 | 4916 |
| **VOC Escrow Ltd.** <br>5.000% due 02/15/2028 | 5000 | 4978 |
| **VZ Secured Financing BV** <br>5.000% due 01/15/2032 | 5791 | 5157 |
| **Walgreen Co.** <br>4.400% due 09/15/2042 | 1850 | 1707 |
| **Walgreens Boots Alliance, Inc.**  |  |  |
| 4.100% due 04/15/2050  | 2225 | 1936 |
| 4.650% due 06/01/2046  | 1025 | 959 |
| 4.800% due 11/18/2044  | 975 | 932 |
| 8.125% due 08/15/2029  | 23450 | 24885 |
| **Wand NewCo 3, Inc.** <br>7.625% due 01/30/2032 | 7900 | 8309 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 3.755% due 03/15/2027  | 1550 | 1520 |
| 4.279% due 03/15/2032  | 3625 | 3068 |
| 5.050% due 03/15/2042  | 2700 | 1833 |
| **Waste Pro USA, Inc.** <br>7.000% due 02/01/2033 | 5765 | 5999 |
| **Wayfair LLC**  |  |  |
| 7.250% due 10/31/2029  | 6309 | 6328 |
| 7.750% due 09/15/2030  | 10000 | 10087 |
| **Weatherford International Ltd.** <br>8.625% due 04/30/2030 | 10364 | 10689 |
| **Western Digital Corp.**  |  |  |
| 2.850% due 02/01/2029  | 9100 | 8445 |
| 3.100% due 02/01/2032  | 8700 | 7704 |
| 4.750% due 02/15/2026  | 750 | 749 |
| **WEX, Inc.** <br>6.500% due 03/15/2033 | 350 | 353 |
| **Whirlpool Corp.** <br>6.125% due 06/15/2030 | 4625 | 4669 |
| **Williams Scotsman, Inc.**  |  |  |
| 4.625% due 08/15/2028  | 6742 | 6631 |
| 6.625% due 04/15/2030  | 1375 | 1429 |
| **Windstream Services LLC** <br>8.250% due 10/01/2031 | 3475 | 3642 |
| **WR Grace Holdings LLC** <br>7.375% due 03/01/2031 | 200 | 205 |
| **Wyndham Hotels & Resorts, Inc.** <br>4.375% due 08/15/2028 | 6600 | 6461 |
| **Wynn Las Vegas LLC** <br>5.250% due 05/15/2027 | 16000 | 16023 |
| **Wynn Resorts Finance LLC**  |  |  |
| 5.125% due 10/01/2029  | 8000 | 7948 |
| 6.250% due 03/15/2033  | 5025 | 5060 |
| 7.125% due 02/15/2031  | 12500 | 13339 |
| **Yum! Brands, Inc.**  |  |  |
| 3.625% due 03/15/2031  | 14100 | 13031 |
| 4.625% due 01/31/2032  | 12500 | 12048 |
| 4.750% due 01/15/2030  | 7000 | 6942 |
| 6.875% due 11/15/2037  | 1950 | 2099 |
| **Zayo Group Holdings, Inc.** <br>4.000% due 03/01/2027 | 11400 | 10701 |
| **ZF North America Capital, Inc.**  |  |  |
| 6.750% due 04/23/2030  | 13450 | 12933 |
| 6.875% due 04/14/2028  | 950 | 954 |
| **Ziggo BV** <br>4.875% due 01/15/2030 | 18200 | 17019 |
| **ZipRecruiter, Inc.** <br>5.000% due 01/15/2030 | 18875 | 16132 |
| **ZoomInfo Technologies LLC** <br>3.875% due 02/01/2029 | 4700 | 4422 |
|  |  | 5140498 |
| **UTILITIES 4.0%**  |  |  |
| **AES Corp.** <br>6.950% due 07/15/2055 •  | 9300 | 9096 |
| **Aethon United BR LP** <br>7.500% due 10/01/2029 | 10550 | 11074 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Antero** **Midstream Partners LP** <br>5.750% due 01/15/2028 | 1775 | 1773 |
| **Archrock Partners LP** <br>6.250% due 04/01/2028 | 12025 | 12072 |
| **Calpine Corp.**  |  |  |
| 3.750% due 03/01/2031  | 27775 | 26369 |
| 4.500% due 02/15/2028  | 7750 | 7692 |
| 4.625% due 02/01/2029  | 3685 | 3642 |
| 5.000% due 02/01/2031  | 15000 | 14849 |
| **Clearway Energy Operating LLC** <br>4.750% due 03/15/2028 | 11350 | 11222 |
| **ContourGlobal Power Holdings SA** <br>6.750% due 02/28/2030 | 9900 | 10213 |
| **Edison International** <br>8.125% due 06/15/2053 •  | 1000 | 968 |
| **Electricite de France SA** <br>9.125% due 03/15/2033 •(e) | 9600 | 10852 |
| **Genesis Energy LP**  |  |  |
| 7.875% due 05/15/2032  | 14442 | 15028 |
| 8.000% due 05/15/2033  | 7050 | 7377 |
| 8.250% due 01/15/2029  | 2000 | 2093 |
| 8.875% due 04/15/2030  | 2000 | 2125 |
| **Hilcorp Energy LP**  |  |  |
| 5.750% due 02/01/2029  | 2343 | 2314 |
| 6.000% due 04/15/2030  | 2000 | 1946 |
| 6.000% due 02/01/2031  | 1200 | 1162 |
| 6.250% due 11/01/2028  | 2900 | 2909 |
| 6.250% due 04/15/2032  | 3540 | 3384 |
| **Iliad Holding SASU** <br>7.000% due 04/15/2032 | 8000 | 8207 |
| **Leeward Renewable Energy Operations LLC** <br>4.250% due 07/01/2029 | 1368 | 1278 |
| **Lightning Power LLC** <br>7.250% due 08/15/2032 | 7300 | 7688 |
| **NGL Energy Operating LLC**  |  |  |
| 8.125% due 02/15/2029  | 3675 | 3716 |
| 8.375% due 02/15/2032  | 8750 | 8783 |
| **NRG Energy, Inc.**  |  |  |
| 3.375% due 02/15/2029  | 8925 | 8422 |
| 3.625% due 02/15/2031  | 2425 | 2233 |
| 5.750% due 07/15/2029  | 17550 | 17660 |
| 6.250% due 11/01/2034  | 17375 | 17713 |
| **Pattern Energy Operations LP** <br>4.500% due 08/15/2028 | 3100 | 3005 |
| **PBF Holding Co. LLC**  |  |  |
| 6.000% due 02/15/2028  | 2000 | 1914 |
| 7.875% due 09/15/2030  | 3400 | 3055 |
| **PG&E Corp.** <br>7.375% due 03/15/2055 •  | 5950 | 5650 |
| **Tallgrass Energy Partners LP**  |  |  |
| 6.000% due 12/31/2030  | 5237 | 5144 |
| 6.000% due 09/01/2031  | 3555 | 3473 |
| 7.375% due 02/15/2029  | 1380 | 1419 |
| **TerraForm Power Operating LLC**  |  |  |
| 4.750% due 01/15/2030  | 5300 | 5078 |
| 5.000% due 01/31/2028  | 7900 | 7825 |
| **Vistra Operations Co. LLC**  |  |  |
| 4.375% due 05/01/2029  | 18725 | 18262 |
| 6.875% due 04/15/2032  | 23850 | 24950 |
| 7.750% due 10/15/2031  | 3375 | 3590 |
| **Vodafone Group PLC** <br>5.125% due 06/04/2081 •  | 800 | 607 |
|  |  | 317832 |
| Total Corporate Bonds & Notes (Cost $6,433,128) |  | 6502434 |
| **U.S. TREASURY OBLIGATIONS 5.8%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 4.125% due 08/15/2044 | 13150 | 12051 |
| **U.S. Treasury Notes**  |  |  |
| 3.625% due 05/15/2026 (j) | 174100 | 173469 |
| 4.250% due 10/15/2025 | 200000 | 199958 |
| 4.250% due 05/15/2035 | 29625 | 29674 |
| 4.500% due 11/15/2025 (j) | 50000 | 50029 |
| Total U.S. Treasury Obligations (Cost $464,543) |  | 465181 |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **ENERGY 0.0%**  |  |  |
| **New Fortress Energy, Inc. (c)** | 228476 | 758 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **INDUSTRIALS 0.0%**  |  |  |
| **Spirit Aviation Holdings, Inc. (c)** | 548816 | 2739 |
| Total Common Stocks (Cost $8,168) |  | 3497 |
| **WARRANTS 0.0%**  |  |  |
| **INDUSTRIALS 0.0%**  |  |  |
| **Spirit Aviation Holdings, Inc. - Exp. 12/31/2099**  | 602610 | 3007 |
| Total Warrants (Cost $7,327) |  | 3007 |
| **SHORT-TERM INSTRUMENTS 5.0%**  |  |  |
| **REPURCHASE AGREEMENTS (h) 5.0%** |  | 395000 |
| Total Short-Term Instruments (Cost $395,000) |  | 395000 |
| Total Investments in Securities (Cost $7,534,420) |  | 7595086 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 7.2%**  |  |  |
| **MUTUAL FUNDS (f) 2.7%**  |  |  |
| **PIMCO Preferred And Capital Securities Active Exchange-Traded Fund**  | 569000 | 29002 |
| **PIMCO Senior Loan Active Exchange-Traded Fund**  | 3591950 | 183164 |
| Total Mutual Funds (Cost $210,820) |  | 212166 |
| **SHORT-TERM INSTRUMENTS 4.5%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 4.5%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 37243597 | 362641 |
| Total Short-Term Instruments (Cost $362,551) |  | 362641 |
| Total Investments in Affiliates (Cost $573,371) |  | 574807 |
| Total Investments 102.4% (Cost $8,107,791) |  | $8169893 |
| **Financial Derivative Instruments (i)(k) 0.0**%(Cost or Premiums, net $45,207) |  | 3219 |
| Other Assets and Liabilities, net (2.4)% |  | (198058) |
| Net Assets 100.0% |  | $7975054 |

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------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(f)** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** |
| **(g)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(h)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| SAL | 07/01/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 07/10/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 07/10/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 07/10/2025 | (249994) | (249994) | 245000 | $ | 245030 |
|  | 07/02/2025 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% - 4.125% due 02/28/2027 - 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% - 4.125% due 02/28/2027 - 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.250% - 4.125% due 02/28/2027 - 06/30/2027 | (153088) | (153088) | 150000 |  | 150000 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | **(403082)** | **(403082)** | **395000** | **$** | **395030** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(5435) at a weighted average interest rate of 3.015%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability | Liability |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 487 | $101307 | $391 | 391 | $27 | 27 | $0 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 1737 | 189333 | 1527 | 1527 | 210 | 210 | 0 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 1725 | 193416 | 3267 | 3267 | 539 | 539 | 0 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 466 | 53248 | 315 | 315 | 136 | 136 | (1) | (1) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 326 | 38835 | 1527 | 1527 | 438 | 438 | 0 | 0 |
|  |  |  |  | 7027 | $ | 1350 | $ | (1) | (1) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability | Liability |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 73 | $(11192) | $88 | 88 | $32 | 32 | $(2) | (2) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **7115** | **$** | **1382** | **$** | **(3)** | **(3)** |

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------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| Telecom Italia spa  | Telecom Italia spa  | 1.000% | 1.000% | Quarterly | 12/20/2029 | 12/20/2029 | 1.118 | 1.118 | % | 1075 | (22) | $ | 16 | (6) | 2 | 2 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | 5.000% | 5.000% | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | $ | 44575 | 2884 | $ | 454 | 3338 | 146 | 146 | 0 |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000 | 5.000 | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 |  | 717125 | 45451 |  | 9588 | 55039 | 2377 | 2377 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 48335 | $ | 10042 | 58377 | 2523 | 2523 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250% | 3.250% | Annual | Annual | 06/18/2027 | 06/18/2027 | 261300 | (2583) | (2583) | 1264 | (1319) | $100 | 100 | $0 |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.620 | 3.620 | Annual | Annual | 11/30/2029 | 11/30/2029 | 73136 | 174 | 174 | (940) | (766) | 0 | 0 | (108) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 12/18/2029 | 12/18/2029 | 160375 | (4424) | (4424) | 2698 | (1726) | 0 | 0 | (234) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 12/18/2031 | 12/18/2031 | 38875 | (1633) | (1633) | 1206 | (427) | 0 | 0 | (92) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 03/19/2032 | 03/19/2032 | 42250 | 2224 | 2224 | (1424) | 800 | 0 | 0 | (102) |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 05/15/2032 | 05/15/2032 | 48483 | (202) | (202) | (539) | (741) | 0 | 0 | (125) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 12/18/2033 | 12/18/2033 | 32900 | 4 | 4 | 221 | 225 | 109 | 109 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | Annual | Annual | 06/18/2055 | 06/18/2055 | 30350 | 3334 | 3334 | 211 | 3545 | 0 | 0 | (229) |
|  |  |  |  |  |  |  |  |  |  |  | (3106) | $ | 2697 | (409) | 209 | 209 | (890) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **45207** | **$** | **12755** | **57962** | **2734** | **2734** | **(890)** |
| **(j)** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $73,888 and cash of $4,762 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | EUR | 964 | 964 | 964 | $1096 | 1096 | 1096 | 0 | 0 | $(39) | (39) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 07/2025  | 07/2025  | $ | $1118 | 1118 | 1118 | 964 | 964 | 964 | 17 | 17 | 0 | 0 |
|  |  |  |  | 08/2025  | 08/2025  | 08/2025  | EUR | 962 | 962 | 962 | $1118 | 1118 | 1118 | 0 | 0 | (17) | (17) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 07/2025  | 07/2025  | CAD | 962 | 962 | 962 | 700 | 700 | 700 | 0 | 0 | (7) | (7) |
|  |  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $701 | 701 | 701 | 962 | 962 | 962 | 6 | 6 | 0 | 0 |
|  |  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 2220 | 2220 | 2220 | 1638 | 1638 | 1638 | 29 | 29 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO High Yield Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 08/2025  | 700 | 700 | CAD | 961 | 961 | 961 |  | 7 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **$** | $**59** | **59** | $**(63)** | **(63)** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | 0 | $221299 | 221299 | $4668 | 4668 | 225967 | 225967 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 0 | 0 | 0 | 1044104 | 1044104 | 0 | 0 | 1044104 | 1044104 |
| Industrials | Industrials | 20525 | 20525 | 20525 | 5101174 | 5101174 | 18799 | 18799 | 5140498 | 5140498 |
| Utilities | Utilities | 0 | 0 | 0 | 317832 | 317832 | 0 | 0 | 317832 | 317832 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 465181 | 465181 | 0 | 0 | 465181 | 465181 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Energy | Energy | 0 | 0 | 0 | 758 | 758 | 0 | 0 | 758 | 758 |
| Industrials | Industrials | 2739 | 2739 | 2739 | 0 | 0 | 0 | 0 | 2739 | 2739 |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |
| Industrials | Industrials | 0 | 0 | 0 | 3007 | 3007 | 0 | 0 | 3007 | 3007 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 | 395000 | 395000 | 0 | 0 | 395000 | 395000 |
|  |  | $23264 | 23264 | 23264 | $7548355 | 7548355 | $23467 | 23467 | 7595086 | 7595086 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Mutual Funds | Mutual Funds | 212166 | 212166 | 212166 | 0 | 0 | 0 | 0 | 212166 | 212166 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | 362641 | 362641 | 362641 | 0 | 0 | 0 | 0 | 362641 | 362641 |
|  |  | $574807 | 574807 | 574807 | $0 | 0 | $0 | 0 | 574807 | 574807 |
| Total Investments | Total Investments | $598071 | 598071 | 598071 | $7548355 | 7548355 | $23467 | 23467 | 8169893 | 8169893 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 32 | 32 | 32 | 4084 | 4084 | 0 | 0 | 4116 | 4116 |
| Over the counter | Over the counter | 0 | 0 | 0 | 59 | 59 | 0 | 0 | 59 | 59 |
|  |  | $32 | 32 | 32 | $4143 | 4143 | $0 | 0 | 4175 | 4175 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (2) | (2) | (2) | (891) | (891) | 0 | 0 | (893) | (893) |
| Over the counter | Over the counter | 0 | 0 | 0 | (63) | (63) | 0 | 0 | (63) | (63) |
|  |  | $(2) | (2) | (2) | $(954) | (954) | $0 | 0 | (956) | (956) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $30 | 30 | 30 | $3189 | 3189 | $0 | 0 | 3219 | 3219 |
| Totals | Totals | $598101 | 598101 | 598101 | $7551544 | 7551544 | $23467 | 23467 | 8173112 | 8173112 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 93.7% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 1.8%**  |  |  |
| **Bluehouse Commons Apartments**<br>4.120% due 12/01/2042 «(g) | $13064 | $11476 |
| **City of Salinas**<br>4.020% due 09/01/2033 «(g) | 7142 | 6651 |
| **Gladieux Metals Recycling**<br>15.000% due 05/06/2026 «(g) | 2123 | 2038 |
| **Groves Seniors Apartments**  |  |  |
| 4.000% due 07/01/2038 «(g) | 1299 | 1231 |
| 4.170% due 06/01/2041 «(g) | 7985 | 7162 |
| **Mangini Place Apartments**<br>3.910% due 11/01/2042 «(g) | 19149 | 16600 |
| **Northlake Senior Apartments**<br>3.990% due 10/01/2041 «(g) | 20387 | 17881 |
| **Pine Grove Powers Avenue**<br>5.000% due 10/01/2042 «(g) | 17845 | 17280 |
| **Successor Agency Redevelopment of West Sacramento**<br>4.310% due 09/01/2035 « | 8589 | 8381 |
| **Valencia Garden**<br>4.020% due 11/01/2041 «(g) | 12026 | 10582 |
| Total Loan Participations and Assignments (Cost $96,923) |  | 99282 |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **BANKING & FINANCE 0.4%**  |  |  |
| **Benloch Ranch Improvement Association** <br>10.000% due 12/01/2051 « | 18000 | 13784 |
| **VM Fund LLC** <br>8.625% due 02/28/2031 « | 3750 | 3789 |
|  |  | 17573 |
| **INDUSTRIALS 0.6%**  |  |  |
| **Ochsner LSU Health System of North Louisiana** <br>2.510% due 05/15/2031 | 15168 | 12447 |
| **Sutter Health** <br>5.537% due 08/15/2035 | 9000 | 9306 |
| **Toll Road Investors Partnership LP** <br>0.000% due 02/15/2043 (d) | 21987 | 7456 |
| **Wild Rivers Water Park** <br>8.500% due 11/01/2051 | 7500 | 4697 |
|  |  | 33906 |
| Total Corporate Bonds & Notes (Cost $57,337) |  | 51479 |
| **MUNICIPAL BONDS & NOTES 86.2%**  |  |  |
| **ALABAMA 4.1%**  |  |  |
| **Alabama Special Care Facilities Financing Authority-Birmingham, Alabama Revenue Bonds, Series 2016** <br>5.750% due 06/01/2045 | 800 | 705 |
| **Baldwin County, Alabama Industrial Development Authority Revenue Bonds, Series 2025** <br>5.000% due 06/01/2055 | 21000 | 21189 |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2021** <br>4.000% due 06/01/2051 | 5785 | 5857 |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2022** <br>5.250% due 02/01/2053 | 17500 | 18409 |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2023**  |  |  |
| 5.500% due 06/01/2049  | 8140 | 8589 |
| 5.500% due 10/01/2054  | 13600 | 14689 |
| **Black Belt Energy Gas District, Alabama Revenue Bonds, Series 2024** <br>5.000% due 03/01/2055 | 22300 | 23611 |
| **Central Etowah County, Alabama Solid Waste Disposal Authority Revenue Bonds, Series 2020** <br>6.000% due 07/01/2045 | 1820 | 1875 |
| **Energy Southeast A Cooperative District, Alabama Revenue Bonds, Series 2023** <br>5.750% due 04/01/2054 | 3600 | 3933 |
| **Energy Southeast A Cooperative District, Alabama Revenue Bonds, Series 2024** <br>5.250% due 07/01/2054 | 14000 | 14985 |
| **Hoover Industrial Development Board, Alabama Revenue Bonds, Series 2019** <br>5.750% due 10/01/2049 | 1500 | 1513 |
| **Lower Alabama Gas District Revenue Bonds, Series 2016** <br>5.000% due 09/01/2046 | 1000 | 1021 |

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------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mobile** **County, Alabama Industrial Development Authority Revenue Bonds, Series 2024** <br>5.000% due 06/01/2054 | 26860 | 25796 |
| **Montgomery Medical Clinic Board, Alabama Revenue Bonds, Series 2016**  |  |  |
| 5.000% due 03/01/2027 ^(c)  | 4030 | 2529 |
| 5.000% due 03/01/2029 ^(c)  | 4570 | 2868 |
| **Southeast Alabama Gas Supply District Revenue Bonds, Series 2024** <br>5.000% due 06/01/2049 | 12500 | 13185 |
| **Southeast Energy Authority A Cooperative District, Alabama Revenue Bonds, Series 2021** <br>4.000% due 12/01/2051 | 6015 | 5948 |
| **Southeast Energy Authority A Cooperative District, Alabama Revenue Bonds, Series 2022** <br>5.000% due 05/01/2053 | 3500 | 3621 |
| **Southeast Energy Authority A Cooperative District, Alabama Revenue Bonds, Series 2024** <br>5.000% due 11/01/2035 | 26700 | 27610 |
| **Southeast Energy Authority A Cooperative District, Alabama Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 01/01/2056  | 20500 | 20933 |
| 5.250% due 11/01/2055  | 5000 | 5379 |
|  |  | 224245 |
| **ALASKA 0.2%**  |  |  |
| **Municipality of Anchorage, Alaska Solid Waste Services Revenue Bonds, Series 2022** <br>5.250% due 11/01/2062 | 8795 | 9026 |
| **ARIZONA 0.7%**  |  |  |
| **Arizona Industrial Development Authority Revenue Bonds, Series 2020** <br>7.750% due 07/01/2050 ^(c) | 4030 | 121 |
| **Arizona Industrial Development Authority Revenue Bonds, Series 2021** <br>4.000% due 12/15/2051 | 700 | 528 |
| **Arizona Industrial Development Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 01/01/2059 (e)  | 7130 | 3890 |
| 5.125% due 01/01/2059  | 19174 | 17021 |
| 6.750% due 12/01/2055  | 3750 | 3762 |
| **Industrial Development Authority of the City of Phoenix, Arizona Revenue Bonds, Series 2016** <br>5.000% due 07/01/2046 | 2000 | 1876 |
| **Industrial Development Authority of the County, Arizona of Pima Revenue Bonds, Series 2020** <br>5.000% due 07/01/2049 ^(c) | 3500 | 2450 |
| **Phoenix Civic Improvement Corp. Arizona Revenue Bonds, Series 2023** <br>5.000% due 07/01/2042 | 6000 | 6293 |
|  |  | 35941 |
| **ARKANSAS 0.3%**  |  |  |
| **Arkansas Development Finance Authority Revenue Bonds, Series 2023** <br>7.375% due 07/01/2048 | 17500 | 18980 |
| **CALIFORNIA 8.4%**  |  |  |
| **Alameda Corridor Transportation Authority, California Revenue Bonds, Series 2022** <br>5.350% due 10/01/2048 (e) | 3000 | 1698 |
| **Antelope Valley Healthcare District, California Revenue Notes, Series 2016** <br>5.000% due 03/01/2026 | 340 | 341 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2021** <br>4.000% due 02/01/2052 | 8000 | 7956 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2023**  |  |  |
| 5.000% due 02/01/2054  | 10000 | 10530 |
| 5.250% due 11/01/2054  | 11900 | 12617 |
| 5.500% due 10/01/2054  | 4775 | 5122 |
| **California Community Choice Financing Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2054  | 18800 | 19821 |
| 5.000% due 02/01/2055  | 25100 | 26680 |
| **California Community Housing Agency Revenue Bonds, Series 2021** <br>4.000% due 02/01/2056 | 22300 | 10962 |
| **California Community Housing Agency Revenue Bonds, Series 2022** <br>4.500% due 08/01/2052 | 2900 | 2215 |
| **California County Tobacco Securitization Agency Revenue Bonds, Series 2002** <br>6.000% due 06/01/2035 | 250 | 250 |
| **California County Tobacco Securitization Agency Revenue Bonds, Series 2020**  |  |  |
| 0.000% due 06/01/2055 (d)  | 10445 | 1866 |
| 5.000% due 06/01/2049  | 130 | 126 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2024** <br>5.250% due 12/01/2041 | 2750 | 2815 |
| **California Health Facilities Financing Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 10/01/2050 (b)  | 18810 | 20253 |
| 5.250% due 10/01/2050 (b)  | 3935 | 4345 |
| **California Housing Finance Agency Revenue Bonds, Series 2024** <br>5.970% due 11/01/2053 | 15500 | 15636 |
| **California Housing Finance Revenue Bonds, Series 2024**  |  |  |
| 5.700% due 06/01/2054  | 26000 | 25807 |
| 6.000% due 03/01/2053  | 33650 | 34013 |
| 7.000% due 03/01/2053  | 9100 | 8684 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2020**  |  |  |
| 0.000% due 01/01/2035 (d)  | 1260 | 721 |
| 4.125% due 01/01/2035  | 450 | 419 |
| 5.000% due 01/01/2055  | 960 | 802 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2021**  |  |  |
| 0.010% due 01/01/2061 (d)  | 42980 | 3127 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.000% due 05/01/2051  | 5000 | 4211 |
| **California Infrastructure & Economic Development Bank Revenue Bonds, Series 2025** <br>9.500% due 01/01/2065 | 24500 | 23231 |
| **California Municipal Finance Authority Revenue Bonds, Series 2016** <br>5.000% due 11/01/2046 | 1000 | 925 |
| **California Municipal Finance Authority Revenue Bonds, Series 2018** <br>5.000% due 12/31/2043 | 4500 | 4398 |
| **California Municipal Finance Authority Revenue Bonds, Series 2020** <br>5.000% due 07/01/2052 | 1070 | 916 |
| **California Municipal Finance Authority Revenue Bonds, Series 2021**  |  |  |
| 5.000% due 12/01/2036  | 175 | 178 |
| 5.000% due 12/01/2054  | 1000 | 914 |
| **California Municipal Finance Authority Revenue Bonds, Series 2024** <br>6.000% due 01/01/2039 | 15500 | 15702 |
| **California Municipal Finance Authority Revenue Bonds, Series 2025**  |  |  |
| 5.375% due 01/01/2055  | 4000 | 3721 |
| 5.500% due 01/01/2060  | 2850 | 2675 |
| **California Municipal Finance Authority Revenue Notes, Series 2021**  |  |  |
| 3.637% due 07/01/2030  | 3425 | 3073 |
| 5.000% due 12/01/2030  | 105 | 110 |
| **California Municipal Finance Authority Revenue Notes, Series 2025**  |  |  |
| 5.000% due 01/01/2032  | 1320 | 1361 |
| 5.000% due 01/01/2033  | 1385 | 1425 |
| 5.000% due 01/01/2034  | 1455 | 1483 |
| 5.000% due 01/01/2035  | 750 | 755 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2015** <br>3.125% due 11/01/2040 | 1000 | 995 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2016** <br>4.750% due 11/01/2046 | 1500 | 1374 |
| **California Pollution Control Financing Authority Revenue Bonds, Series 2019** <br>7.500% due 12/01/2039 ^(c) | 5883 | 0 |
| **California School Finance Authority Revenue Bonds, Series 2016**  |  |  |
| 4.500% due 06/01/2031 ^(c)  | 750 | 450 |
| 5.000% due 06/01/2046  | 1265 | 1152 |
| 5.000% due 06/01/2046 ^(c)  | 1325 | 795 |
| 5.000% due 06/01/2051 ^(c)  | 1000 | 600 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2014** <br>5.500% due 12/01/2054 | 4140 | 4075 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2016**  |  |  |
| 5.000% due 06/01/2046  | 1900 | 1765 |
| 5.250% due 12/01/2056  | 14600 | 14014 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2018** <br>5.500% due 12/01/2058 | 2200 | 2151 |
| **California Statewide Communities Development Authority Revenue Bonds, Series 2019** <br>4.250% due 11/01/2059 | 7560 | 6508 |
| **California Statewide Financing Authority Revenue Bonds, Series 2002** <br>6.000% due 05/01/2037 | 3760 | 3844 |
| **CMFA Special Finance Agency, California Revenue Bonds, Series 2021** <br>4.000% due 08/01/2045 | 6200 | 5243 |
| **CSCDA Community Improvement Authority, California Revenue Bonds, Series 2021**  |  |  |
| 3.400% due 10/01/2046  | 1985 | 1501 |
| 4.000% due 02/01/2057  | 1000 | 724 |
| **CSCDA Community Improvement Authority, California Revenue Bonds, Series 2022**  |  |  |
| 4.750% due 09/01/2062 (e)  | 23500 | 14340 |
| 5.000% due 09/01/2037  | 3190 | 3158 |
| **Firebaugh, California Revenue Bonds, Series 2019** <br>4.000% due 08/01/2039 | 1210 | 1024 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021**  |  |  |
| 0.010% due 06/01/2066 (d)  | 237215 | 25155 |
| 3.714% due 06/01/2041  | 12550 | 9609 |
| 3.850% due 06/01/2050  | 3590 | 3268 |
| 4.214% due 06/01/2050  | 3700 | 2668 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2022** <br>5.000% due 06/01/2051 | 3000 | 2957 |
| **Grossmont Union High School District, California General Obligation Bonds, Series 2021** <br>0.000% due 08/01/2044 (d) | 4295 | 1775 |
| **Hastings Campus Housing Finance Authority, California Revenue Bonds, Series 2020**  |  |  |
| 5.000% due 07/01/2045  | 6000 | 5470 |
| 5.000% due 07/01/2061  | 2010 | 1720 |
| **M-S-R Energy Authority, California Revenue Bonds, Series 2009** <br>6.500% due 11/01/2039 | 1500 | 1795 |
| **Rio Hondo Community College District, California General Obligation Bonds, Series 2022** <br>0.000% due 08/01/2047 (d) | 4500 | 1506 |
| **Riverside Unified School District, California Special Tax Bonds, Series 2024** <br>5.000% due 09/01/2054 | 1265 | 1238 |
| **Sacramento County, California Special Tax Bonds, Series 2022** <br>5.000% due 09/01/2047 | 5900 | 5778 |
| **Sacramento, California Special Tax Bonds, Series 2021** <br>4.000% due 09/01/2046 | 1200 | 1031 |
| **San Diego County, California Regional Airport Authority Revenue Bonds, Series 2023** <br>5.250% due 07/01/2058 | 30460 | 30897 |
| **San Joaquin Valley Clean Energy Authority, California Revenue Bonds, Series 2025** <br>5.500% due 01/01/2056 | 400 | 439 |
| **Silicon Valley Tobacco Securitization Authority, California Revenue Bonds, Series 2007** <br>0.000% due 06/01/2036 (d) | 5000 | 2712 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Tobacco** **Securitization Authority of Northern California Revenue Bonds, Series 2021** <br>0.010% due 06/01/2060 (d) | 69995 | 10740 |
| **Tobacco Securitization Authority of Southern California Revenue Bonds, Series 2019** <br>0.010% due 06/01/2054 (d) | 16635 | 3347 |
|  |  | 457702 |
| **COLORADO 4.3%**  |  |  |
| **Aerotropolis Regional Transportation Authority, Colorado Revenue Bonds, Series 2024**  |  |  |
| 5.500% due 12/01/2044  | 8500 | 8229 |
| 5.750% due 12/01/2054  | 14250 | 13984 |
| **Aurora Highlands Community Authority Board, Colorado Revenue Bonds, Series 2021** <br>5.750% due 12/01/2051 | 6000 | 5517 |
| **Baseline Metropolitan District No 1, Colorado General Obligation Bonds, Series 2024** <br>6.750% due 12/15/2054 | 1500 | 1501 |
| **Board of Governors of Colorado State University System Certificates of Participation Bonds, Series 2024**  |  |  |
| 5.000% due 11/01/2043  | 1300 | 1365 |
| 5.000% due 11/01/2044  | 1300 | 1358 |
| **Canyons Metropolitan District No 5, Colorado General Obligation Bonds, Series 2024** <br>6.500% due 12/15/2054 | 2000 | 1998 |
| **Centerra Metropolitan District No 1, Colorado Tax Allocation Bonds, Series 2018** <br>5.250% due 12/01/2048 | 4050 | 3943 |
| **Colorado Bridge & Tunnel Enterprise Revenue Bonds, (AGC Insured), Series 2025** <br>5.250% due 12/01/2054 | 12500 | 12893 |
| **Colorado Crossing Metropolitan District No 2, General Obligation Bonds, Series 2020** <br>5.000% due 12/01/2047 | 6300 | 5792 |
| **Colorado Health Facilities Authority Revenue Bonds, Series 2019**  |  |  |
| 4.000% due 11/15/2043  | 21935 | 19601 |
| 4.000% due 08/01/2049  | 5960 | 4995 |
| 5.000% due 08/01/2044  | 7000 | 6902 |
| **Colorado Health Facilities Authority Revenue Bonds, Series 2024** <br>5.000% due 12/01/2034 | 6500 | 7103 |
| **Colorado Health Facilities Authority Revenue Bonds, Series 2025** <br>5.125% due 12/01/2050 | 5000 | 4934 |
| **Colorado Housing and Finance Authority Revenue Notes, Series 2024** <br>6.000% due 06/01/2028 | 12300 | 12428 |
| **Colorado International Center Metropolitan District No 7, General Obligation Bonds, Series 2021** <br>5.250% due 12/01/2051 (e) | 4955 | 3812 |
| **Colorado School of Mines Revenue Bonds, Series 2024** <br>5.000% due 12/01/2054 | 3500 | 3518 |
| **Colorado State Building Excellent School Certificates of Participation Bonds, Series 2021** <br>4.000% due 03/15/2046 | 10515 | 9187 |
| **Crowfoot Valley Ranch Metropolitan District No 2, Colorado General Obligation Bonds, Series 2024** <br>6.125% due 12/15/2054 | 2000 | 1934 |
| **Denver, Colorado Airport System City & County Revenue Bonds, Series 2022**  |  |  |
| 4.125% due 11/15/2047  | 5700 | 5049 |
| 5.000% due 11/15/2053  | 3000 | 2952 |
| **Dominion Water & Sanitation District, Colorado Revenue Bonds, Series 2022** <br>5.875% due 12/01/2052 | 41600 | 41810 |
| **Elbert County, Colorado Independence Water & Sanitation District Revenue Notes, Series 2024** <br>5.125% due 12/01/2033 | 2700 | 2733 |
| **Harvest Crossing Metropolitan District No 4, Colorado General Obligation Bonds, Series 2022** <br>7.250% due 12/01/2052 | 2913 | 2925 |
| **Johnstown Village Metropolitan District No 2, Colorado General Obligation Bonds, Series 2020** <br>5.000% due 12/01/2050 | 2500 | 2170 |
| **Longs Peak Metropolitan District, Colorado General Obligation Bonds, Series 2021** <br>5.250% due 12/01/2051 | 3000 | 2796 |
| **Prairie Center Metropolitan District No. 3, Colorado Revenue Bonds, Series 2017** <br>5.000% due 12/15/2041 | 875 | 849 |
| **Public Authority for Colorado Energy Revenue Bonds, Series 2008** <br>6.250% due 11/15/2028 | 1840 | 1927 |
| **Rampart Range Metropolitan District No 5, Colorado Revenue Bonds, Series 2021** <br>4.000% due 12/01/2036 | 1000 | 932 |
| **Senac South Metropolitan District No 1, Colorado General Obligation Bonds, Series 2021** <br>5.250% due 12/01/2051 | 4650 | 4057 |
| **Sterling Ranch Community Authority Board, Colorado Revenue Bonds, Series 2024**  |  |  |
| 5.750% due 12/01/2054  | 1750 | 1703 |
| 6.125% due 12/01/2039  | 550 | 562 |
| 6.500% due 12/01/2054  | 1250 | 1269 |
| **Sterling Ranch Community Authority Board, Colorado Special Assessment Bonds, Series 2024** <br>5.625% due 12/01/2043 | 2129 | 2134 |
| **Transport Metropolitan District No 3, Colorado General Obligation Bonds, Series 2021** <br>5.000% due 12/01/2051 | 2000 | 1484 |
| **Vail Home Partners Corp. Colorado Revenue Bonds, Series 2025** <br>6.000% due 10/01/2064 | 6250 | 6263 |
| **Velocity Metropolitan District No 5, Colorado General Obligation Bonds, Series 2020** <br>6.000% due 12/01/2050 (e) | 11100 | 9211 |
| **Village Metropolitan District, Colorado General Obligation Bonds, Series 2020** <br>5.000% due 12/01/2049 | 1200 | 1144 |
| **Willow Bend Metropolitan District, Colorado General Obligation Bonds, Series 2019**  |  |  |
| 5.000% due 12/01/2039  | 4751 | 4606 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 12/01/2049  | 6375 | 5710 |
|  |  | 233280 |
| **DELAWARE 0.7%**  |  |  |
| **Affordable Housing Opportunities Trust, Delaware Revenue Bonds, Series 2022**  |  |  |
| 3.461% due 10/01/2038  | 34425 | 29599 |
| 7.120% due 10/01/2038  | 6075 | 5639 |
| **Delaware State Economic Development Authority Revenue Bonds, Series 2020** <br>1.250% due 10/01/2045 | 2500 | 2476 |
|  |  | 37714 |
| **DISTRICT OF COLUMBIA 1.7%**  |  |  |
| **District of Columbia General Obligation Bonds, Series 2021** <br>4.000% due 02/01/2046 | 4660 | 4212 |
| **District of Columbia Income Tax Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 06/01/2040  | 7750 | 8337 |
| 5.000% due 06/01/2044  | 11510 | 11985 |
| 5.000% due 06/01/2050  | 15500 | 15829 |
| **District of Columbia Revenue Bonds, Series 2017** <br>5.000% due 07/01/2052 | 1000 | 891 |
| **Metropolitan Washington Airports Authority Aviation, District of Columbia Revenue Bonds, Series 2021** <br>4.000% due 10/01/2051 | 5000 | 4236 |
| **Metropolitan Washington Airports Authority Aviation, District of Columbia Revenue Bonds, Series 2024** <br>5.250% due 10/01/2049 | 10000 | 10184 |
| **Washington Metropolitan Area Transit Authority Dedicated, District of Columbia Revenue Bonds, Series 2023** <br>5.000% due 07/15/2048 | 27000 | 27372 |
| **Washington Metropolitan Area Transit Authority Dedicated, District of Columbia Revenue Bonds, Series 2024** <br>5.000% due 07/15/2056 | 9870 | 9955 |
|  |  | 93001 |
| **FLORIDA 6.3%**  |  |  |
| **Alachua County, Florida Housing Finance Authority Revenue Bonds, Series 2025** <br>6.300% due 07/01/2055 | 3250 | 3267 |
| **Antillia Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.875% due 05/01/2054 | 1000 | 983 |
| **Avenir Community Development District, Florida Special Assessment Bonds, Series 2021** <br>3.200% due 05/01/2041 | 5035 | 3949 |
| **Avenir Community Development District, Florida Special Assessment Bonds, Series 2023**  |  |  |
| 5.375% due 05/01/2043  | 3640 | 3610 |
| 5.625% due 05/01/2054  | 5445 | 5435 |
| **Avenir Community Development District, Florida Special Assessment Notes, Series 2023** <br>4.500% due 05/01/2030 | 1845 | 1879 |
| **Babcock Ranch Community Independent Special District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2044  | 1375 | 1306 |
| 5.250% due 05/01/2055  | 2000 | 1888 |
| **Babcock Ranch Community Independent Special District, Florida Special Assessment Notes, Series 2022** <br>4.250% due 05/01/2032 | 1500 | 1506 |
| **Bella Collina Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.300% due 05/01/2055 | 915 | 864 |
| **Berry Bay II Community Development District, Florida Special Assesment Bonds, Series 2024** <br>5.450% due 05/01/2054 | 1000 | 930 |
| **Capital Trust Agency, Inc., Florida Revenue Bonds, Series 2017** <br>7.000% due 07/01/2052 ^(c) | 4365 | 53 |
| **Capital Trust Agency, Inc., Florida Revenue Bonds, Series 2018**  |  |  |
| 5.000% due 07/01/2033 ^(c)  | 1500 | 338 |
| 5.000% due 07/01/2043 ^(c)  | 950 | 17 |
| 5.250% due 07/01/2048 ^(c)  | 900 | 16 |
| 7.500% due 07/01/2053 ^(c)  | 1000 | 18 |
| **Capital Trust Agency, Inc., Florida Revenue Bonds, Series 2020** <br>0.000% due 01/01/2060 (d) | 22070 | 1672 |
| **Capital Trust Authority, Florida Revenue Bonds, Series 2023** <br>6.250% due 06/15/2053 | 4250 | 4303 |
| **Capital Trust Authority, Florida Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 07/01/2045  | 1250 | 1179 |
| 5.250% due 07/01/2055  | 500 | 468 |
| 5.375% due 07/01/2065  | 4250 | 3970 |
| **Charlotte County Industrial Development Authority, Florida Revenue Bonds, Series 2021** <br>4.000% due 10/01/2051 | 5000 | 3911 |
| **Crosswinds East Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.750% due 05/01/2054 | 1250 | 1223 |
| **Edgewater West Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.250% due 05/01/2044  | 500 | 470 |
| 5.500% due 05/01/2054  | 2500 | 2311 |
| **Florida Atlantic University Finance Corp. Revenue Bonds, Series 2024** <br>5.000% due 07/01/2054 | 4500 | 4536 |
| **Florida Department of Transportation Turnpike System State Revenue Bonds, Series 2024**  |  |  |
| 4.000% due 07/01/2051  | 4000 | 3512 |
| 4.000% due 07/01/2054  | 12500 | 10892 |
| **Florida Development Finance Corp. Revenue Bonds, (AGM Insured), Series 2024** <br>5.250% due 07/01/2053 | 24600 | 24577 |
| **Florida Development Finance Corp. Revenue Bonds, Series 2017** <br>6.125% due 06/15/2047 | 5300 | 5119 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Florida** **Development Finance Corp. Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 07/01/2041  | 15435 | 14069 |
| 5.250% due 08/01/2049  | 5250 | 5274 |
| **Florida Higher Educational Facilities Financing Authority Revenue Bonds, Series 2025** <br>6.250% due 07/01/2055 (b) | 16000 | 16029 |
| **Gas Worx Community Development District, Florida Special Assessment Bonds, Series 2025** <br>6.000% due 05/01/2057 | 2400 | 2373 |
| **GIR East Community Development District, Florida Special Assessment Bonds, Series 2025** <br>5.500% due 05/01/2055 | 1750 | 1627 |
| **Golden Gem Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.700% due 05/01/2044  | 1995 | 1946 |
| 6.000% due 05/01/2055  | 4000 | 3919 |
| **Greater Orlando Aviation Authority, Florida Revenue Bonds, Series 2017** <br>5.000% due 10/01/2052 | 3625 | 3591 |
| **Hamilton Bluff Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.500% due 05/01/2044 | 1000 | 973 |
| **Hammock Oaks Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.850% due 05/01/2044  | 875 | 861 |
| 6.150% due 05/01/2054  | 1000 | 987 |
| **Hammock Oaks Community Development District, Florida Special Assessment Bonds, Series 2025**  |  |  |
| 5.550% due 05/01/2045  | 1000 | 978 |
| 5.750% due 05/01/2055  | 1000 | 968 |
| **Hernando County, Florida Revenue Bonds, Series 2022** <br>5.250% due 06/01/2052 | 3600 | 3660 |
| **Hickory Tree Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.150% due 05/01/2044  | 1000 | 949 |
| 5.450% due 05/01/2055  | 750 | 699 |
| **Highlands County, Florida Health Facilities Authority Revenue Bonds, Series 2018** <br>6.000% due 04/01/2038 ^(c) | 402 | 5 |
| **Hobe-St Lucie Conservancy District, Florida Special Assessment Bonds, Series 2024** <br>5.875% due 05/01/2055 | 2500 | 2485 |
| **Hyde Park Community Development District No 1, Florida Special Assessment Notes, Series 2024** <br>5.250% due 05/01/2034 | 1700 | 1698 |
| **Ibis Landing Community Development District, Florida Special Assessment Bonds, Series 2025** <br>5.875% due 06/15/2055 (b) | 800 | 797 |
| **Lakes of Sarasota Community Development District 2, Florida Special Assessment Bonds, Series 2025**  |  |  |
| 5.500% due 05/01/2045  | 400 | 386 |
| 5.700% due 05/01/2055  | 765 | 728 |
| **Lakes of Sarasota Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.600% due 05/01/2055 | 685 | 646 |
| **Lakes of Sarasota Community Development District, Florida Special Assessment Notes, Series 2024** <br>5.250% due 05/01/2034 | 2325 | 2321 |
| **Lakewood Ranch Stewardship District, Florida Special Assessment Bonds, Series 2024** <br>5.500% due 05/01/2055 | 765 | 733 |
| **Lee County, Florida Airport Revenue Bonds, Series 2024** <br>5.250% due 10/01/2049 | 10000 | 10047 |
| **LTC Ranch West Residential Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.375% due 05/01/2044  | 530 | 502 |
| 5.650% due 05/01/2054  | 1250 | 1178 |
| 5.750% due 05/01/2044  | 1150 | 1131 |
| 6.050% due 05/01/2054  | 1375 | 1350 |
| **LTC Ranch West Residential Community Development District, Florida Special Assessment Notes, Series 2024** <br>4.875% due 05/01/2031 | 435 | 440 |
| **Magnolia Island Community Development District, Florida Special Assessment Bonds, Series 2025** <br>5.750% due 05/01/2055 | 1000 | 954 |
| **Miami-Dade County, Florida Aviation Revenue Bonds, Series 2019** <br>5.000% due 10/01/2049 | 4275 | 4207 |
| **Miami-Dade County, Florida Aviation Revenue Bonds, Series 2024** <br>5.000% due 10/01/2036 | 7500 | 7938 |
| **Miami-Dade County, Florida Aviation Revenue Notes, Series 2024** <br>5.000% due 10/01/2034 | 11600 | 12511 |
| **Miami-Dade County, Florida Housing Finance Authority Revenue Bonds, (FNMA Insured), Series 2025** <br>4.880% due 03/01/2046 | 3100 | 3009 |
| **Miami-Dade County, Florida Water & Sewer System Revenue Bonds, Series 2019** <br>4.000% due 10/01/2049 | 6785 | 5850 |
| **Miami-Dade County, Florida Water & Sewer System Revenue Bonds, Series 2024** <br>4.125% due 10/01/2050 | 2075 | 1853 |
| **Miami-Dade Seaport Department, Florida Revenue Bonds, Series 2021** <br>4.000% due 10/01/2050 | 10000 | 8393 |
| **Midtown Miami Community Development District, Florida Special Assessment Bonds, Series 2014** <br>5.000% due 05/01/2029 | 1490 | 1491 |
| **Newfield Community Development District, Florida Special Assessment Bonds, Series 2025** <br>5.900% due 05/01/2056 | 2920 | 2899 |
| **Newport Isles Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.200% due 05/01/2054 | 2535 | 2334 |
| **Normandy Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.300% due 05/01/2044  | 1500 | 1410 |
| 5.550% due 05/01/2054  | 1750 | 1610 |
| **North AR-1 Pasco Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.750% due 05/01/2044  | 1050 | 1030 |
| 6.000% due 05/01/2054  | 1680 | 1649 |
| **Orange County Health Facilities Authority, Florida Revenue Bonds, Series 2023** <br>5.000% due 10/01/2053 | 4915 | 4808 |
| **Orange County Health Facilities Authority, Florida Revenue Bonds, Series 2024** <br>5.000% due 08/01/2054 | 3200 | 3009 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Orange** **County, Florida Health Facilities Authority Revenue Bonds, Series 2025**  |  |  |
| 4.500% due 10/01/2056  | 20000 | 18104 |
| 5.250% due 10/01/2056  | 22900 | 23282 |
| **Osceola County, Florida Transportation Revenue Bonds, Series 2020** <br>0.000% due 10/01/2031 (d) | 1330 | 1044 |
| **Parrish Lakes Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.500% due 05/01/2044  | 715 | 693 |
| 5.800% due 05/01/2054  | 1900 | 1831 |
| **Pasadena Ridge Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.050% due 05/01/2044  | 1000 | 941 |
| 5.375% due 05/01/2055  | 1275 | 1187 |
| **Pioneer Ranch Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.300% due 05/01/2055 | 1000 | 911 |
| **Polk County, Florida Industrial Development Authority Revenue Bonds, Series 2020** <br>5.875% due 01/01/2033 ^(c) | 9040 | 5243 |
| **Pompano Beach, Florida Revenue Bonds, Series 2020** <br>4.000% due 09/01/2050 | 6750 | 5352 |
| **Putnam County Development Authority, Florida Revenue Bonds, Series 2018** <br>5.000% due 03/15/2042 | 7000 | 7015 |
| **Reflection Bay Community Development District, Florida Special Assessment Bonds, Series 2025** <br>5.875% due 05/01/2055 | 1200 | 1179 |
| **Rivers Edge III Community Development District, Florida Special Assessment Bonds, Series 2025** <br>6.000% due 05/01/2056 | 1000 | 1004 |
| **Rookery Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.350% due 05/01/2055 | 1500 | 1381 |
| **Seagrove Community Development District, Florida Special Assesment Bonds, Series 2024** <br>5.200% due 06/15/2054 | 1250 | 1172 |
| **St Johns County, Florida Industrial Development Authority Revenue Bonds, Series 2020** <br>4.000% due 08/01/2055 | 6500 | 5097 |
| **Tampa, Florida Revenue Bonds, Series 2016** <br>4.000% due 11/15/2046 | 4710 | 4089 |
| **Tampa, Florida Revenue Bonds, Series 2020**  |  |  |
| 0.000% due 09/01/2042 (d)  | 1000 | 415 |
| 0.000% due 09/01/2045 (d)  | 1000 | 342 |
| **Tampa-Hillsborough County, Florida Expressway Authority Revenue Bonds, Series 2017** <br>4.000% due 07/01/2042 | 4800 | 4378 |
| **Tradition Community Development District No 9, Florida Special Assessment Bonds, Series 2025**  |  |  |
| 5.400% due 05/01/2045  | 710 | 681 |
| 5.650% due 05/01/2056  | 880 | 839 |
| **Two Rivers West Community Development District, Florida Special Assessment Bonds, Series 2024** <br>5.875% due 05/01/2054 | 1000 | 997 |
| **V-Dana Community Development District, Florida Special Assessment Bonds, Series 2025**  |  |  |
| 5.375% due 05/01/2045  | 900 | 868 |
| 5.550% due 05/01/2055  | 1250 | 1191 |
| **Village Community Development District No. 13, Florida Special Assessment Bonds, Series 2020** <br>3.500% due 05/01/2051 | 7735 | 5697 |
| **Village Community Development District No. 15, Florida Special Assessment Bonds, Series 2023** <br>5.000% due 05/01/2043 | 995 | 981 |
| **Village Community Development District No. 15, Florida Special Assessment Bonds, Series 2024** <br>4.550% due 05/01/2044 | 1000 | 933 |
| **Westside Haines City Community Development District, Florida Special Assessment Bonds, Series 2024**  |  |  |
| 5.750% due 05/01/2044  | 1190 | 1179 |
| 6.000% due 05/01/2054  | 1590 | 1580 |
|  |  | 342113 |
| **GEORGIA 2.1%**  |  |  |
| **Atlanta Development Authority, Georgia Revenue Bonds, Series 2017** <br>7.000% due 01/01/2040 ^(c) | 1600 | 832 |
| **Atlanta Development Authority, Georgia Revenue Bonds, Series 2024** <br>6.500% due 12/15/2048 (e) | 16100 | 14082 |
| **Atlanta Development Authority, Georgia Tax Allocation Notes, Series 2024** <br>5.000% due 04/01/2034 | 1950 | 1956 |
| **Augusta Development Authority, Georgia Revenue Bonds, Series 2023** <br>5.125% due 04/01/2053 | 6500 | 6502 |
| **Burke County, Georgia Development Authority Revenue Bonds, Series 2017** <br>4.125% due 11/01/2045 | 6000 | 5281 |
| **Columbia County Hospital Authority, Georgia Revenue Bonds, Series 2023** <br>5.750% due 04/01/2053 | 7500 | 7873 |
| **Gainesville & Hall County, Georgia Development Authority Revenue Bonds, Series 2017** <br>5.000% due 03/01/2047 | 1500 | 855 |
| **Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2023** <br>5.000% due 12/01/2053 | 17400 | 18343 |
| **Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2024** <br>5.000% due 05/01/2055 | 2900 | 3054 |
| **Municipal Electric Authority of Georgia Revenue Bonds, (BAM Insured), Series 2024**  |  |  |
| 5.250% due 01/01/2041  | 1150 | 1237 |
| 5.250% due 01/01/2044  | 1100 | 1164 |
| 5.250% due 01/01/2054  | 6725 | 6977 |
| **Municipal Electric Authority of Georgia Revenue Bonds, Series 2019**  |  |  |
| 5.000% due 01/01/2049  | 10900 | 10790 |
| 5.000% due 01/01/2056  | 10000 | 9876 |
| 5.000% due 01/01/2059  | 7600 | 7431 |
| 5.000% due 01/01/2063  | 3340 | 3257 |
| **Municipal Electric Authority of Georgia Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 01/01/2051  | 1000 | 860 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 01/01/2056  | 1100 | 1087 |
| **Municipal Electric Authority of Georgia Revenue Bonds, Series 2022** <br>4.500% due 07/01/2063 | 5000 | 4600 |
| **Municipal Electric Authority of Georgia Revenue Bonds, Series 2023** <br>5.250% due 07/01/2064 | 7000 | 7165 |
| **Municipal Electric Authority of Georgia Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 01/01/2042  | 1200 | 1235 |
| 5.000% due 01/01/2043  | 1050 | 1071 |
|  |  | 115528 |
| **GUAM 0.0%**  |  |  |
| **Guam Department of Education Certificates of Participation Bonds, Series 2020** <br>5.000% due 02/01/2040 | 1500 | 1450 |
| **HAWAII 0.3%**  |  |  |
| **Hawaii Department of Budget & Finance State Revenue Bonds, Series 2017** <br>4.000% due 03/01/2037 | 6520 | 6142 |
| **Hawaii Department of Budget & Finance State Revenue Bonds, Series 2019**  |  |  |
| 3.200% due 07/01/2039  | 3725 | 3131 |
| 3.500% due 10/01/2049  | 2000 | 1512 |
| **Hawaii Department of Budget & Finance State Revenue Notes, Series 2017** <br>3.100% due 05/01/2026 | 6990 | 6887 |
|  |  | 17672 |
| **IDAHO 0.4%**  |  |  |
| **Idaho Housing & Finance Association Revenue Bonds, (GNMA/FNMA/FHLMC Insured), Series 2024** <br>4.650% due 01/01/2054 | 4285 | 4136 |
| **Nez Perce County, Idaho Certificates of Participation Bonds, Series 2022** <br>5.000% due 03/01/2052 | 2750 | 2752 |
| **Spring Valley Community Infrastructure District No 1, Idaho Special Assessment Bonds, Series 2021** <br>3.750% due 09/01/2051 | 18235 | 16374 |
|  |  | 23262 |
| **ILLINOIS 3.6%**  |  |  |
| **Chicago Board of Education, Illinois General Obligation Bonds, Series 2012** <br>4.000% due 12/01/2035 | 8360 | 8029 |
| **Chicago O'Hare International Airport, Illinois Revenue Bonds, Series 2018** <br>5.000% due 01/01/2048 | 9000 | 9005 |
| **Chicago O'Hare International Airport, Illinois Revenue Bonds, Series 2022**  |  |  |
| 5.000% due 01/01/2055  | 20000 | 19666 |
| 5.250% due 01/01/2056  | 1000 | 1014 |
| **Chicago O'Hare International Airport, Illinois Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 01/01/2036  | 1000 | 1060 |
| 5.000% due 01/01/2037  | 2500 | 2623 |
| 5.000% due 01/01/2039  | 1200 | 1248 |
| 5.250% due 01/01/2040  | 1500 | 1587 |
| 5.250% due 01/01/2042  | 2450 | 2538 |
| 5.250% due 01/01/2043  | 2625 | 2705 |
| 5.250% due 01/01/2048  | 3925 | 3992 |
| 5.500% due 01/01/2044  | 2625 | 2756 |
| **Chicago Transit Authority, Illinois Revenue Bonds, Series 2020** <br>4.000% due 12/01/2050 | 2250 | 1909 |
| **Du Page & Will Counties Community School District No 204 Indian Prairie, Illinois General Obligation Bonds, Series 2025** <br>5.000% due 01/15/2039 (b) | 9590 | 10324 |
| **Exceptional Children Have Opportunities, Illinois General Obligation Debt Certificate, Series 2020** <br>4.000% due 12/01/2036 | 680 | 668 |
| **Gilberts Special Service Area No 25, Illinois Special Tax Bonds, Series 2018** <br>6.000% due 03/01/2048 | 7827 | 7407 |
| **Illinois Finance Authority Revenue Bonds, Series 2010** <br>4.800% due 12/01/2043 | 6500 | 6586 |
| **Illinois Finance Authority Revenue Bonds, Series 2016** <br>4.000% due 02/15/2036 | 2500 | 2528 |
| **Illinois Finance Authority Revenue Bonds, Series 2017**  |  |  |
| 5.000% due 02/15/2037 ^(c)  | 2426 | 19 |
| 5.125% due 02/15/2045 ^(c)  | 2675 | 21 |
| **Illinois Finance Authority Revenue Bonds, Series 2018** <br>5.000% due 05/15/2043 | 3100 | 3061 |
| **Illinois Finance Authority Revenue Bonds, Series 2019** <br>5.000% due 11/01/2049 ^(c) | 4900 | 3185 |
| **Illinois Finance Authority Revenue Bonds, Series 2020** <br>4.000% due 08/15/2041 | 3375 | 3059 |
| **Illinois Finance Authority Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 05/01/2035  | 1410 | 1371 |
| 4.000% due 05/01/2040  | 2830 | 2543 |
| **Illinois Finance Authority Revenue Bonds, Series 2022** <br>3.950% due 08/15/2057 | 5100 | 5100 |
| **Illinois Sales Tax State Revenue Bonds, Series 2016** <br>3.000% due 06/15/2033 | 2785 | 2533 |
| **Illinois Sales Tax State Revenue Bonds, Series 2025** <br>5.000% due 06/15/2038 | 4000 | 4286 |
| **Illinois State General Obligation Bonds, Series 2016** <br>3.500% due 06/01/2029 | 2000 | 1977 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Illinois** **State General Obligation Bonds, Series 2017** <br>5.000% due 12/01/2038 | 1000 | 1009 |
| **Illinois State General Obligation Bonds, Series 2018** <br>4.625% due 05/01/2037 | 4000 | 4015 |
| **Illinois State General Obligation Bonds, Series 2020** <br>4.125% due 10/01/2036 | 2000 | 1942 |
| **Illinois State General Obligation Bonds, Series 2021** <br>5.000% due 03/01/2036 | 2250 | 2357 |
| **Illinois State General Obligation Bonds, Series 2023**  |  |  |
| 5.000% due 12/01/2043  | 3250 | 3280 |
| 5.000% due 12/01/2046  | 17500 | 17408 |
| **Illinois State General Obligation Bonds, Series 2024**  |  |  |
| 4.250% due 05/01/2046  | 9500 | 8446 |
| 5.000% due 02/01/2036  | 12000 | 12869 |
| 5.250% due 05/01/2044  | 4000 | 4087 |
| **Illinois State General Obligation Notes, Series 2020** <br>5.500% due 05/01/2030 | 2650 | 2805 |
| **Metropolitan Pier & Exposition Authority, Illinois Revenue Bonds, (NPFGC Insured), Series 2002** <br>0.000% due 12/15/2037 (d) | 5000 | 2848 |
| **Metropolitan Pier & Exposition Authority, Illinois Revenue Bonds, Series 2020** <br>4.000% due 06/15/2050 | 19500 | 16110 |
| **Sales Tax Securitization Corp. Illinois Revenue Bonds, Series 2018** <br>4.000% due 01/01/2048 | 8500 | 7267 |
| **Southwestern Illinois Development Authority Revenue Bonds, Series 2007** <br>5.350% due 03/01/2031 | 1220 | 900 |
|  |  | 198143 |
| **INDIANA 1.8%**  |  |  |
| **Evansville, Indiana Revenue Bonds, Series 2017** <br>5.450% due 01/01/2038 | 7975 | 7373 |
| **Goshen, Indiana Revenue Bonds, Series 2021** <br>5.000% due 08/01/2041 | 4065 | 3362 |
| **Indiana Finance Authority Revenue Bonds, Series 2012** <br>4.250% due 11/01/2030 | 20440 | 20836 |
| **Indiana Finance Authority Revenue Bonds, Series 2019** <br>7.000% due 03/01/2039 ^(c) | 27720 | 4166 |
| **Indiana Finance Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 07/01/2059  | 1250 | 1184 |
| 5.250% due 07/01/2064  | 1500 | 1459 |
| **Indiana Finance Authority Revenue Bonds, Series 2025** <br>5.000% due 10/01/2057 (b) | 7000 | 7679 |
| **Indiana Finance Authority Revenue Notes, Series 2021** <br>1.400% due 08/01/2029 | 1000 | 894 |
| **Indiana Housing & Community Development Authority Revenue Bonds, Series 2016**  |  |  |
| 5.750% due 01/01/2036  | 1600 | 1537 |
| 6.250% due 07/01/2056  | 9765 | 9241 |
| **Indianapolis Local Public Improvement Bond Bank, Indiana Revenue Bonds, Series 2022** <br>5.250% due 01/01/2048 | 2150 | 2218 |
| **Indianapolis Local Public Improvement Bond Bank, Indiana Revenue Bonds, Series 2023**  |  |  |
| 6.000% due 02/01/2048  | 7000 | 7682 |
| 6.000% due 03/01/2053  | 12985 | 13441 |
| **Indianapolis, Indiana Revenue Bonds, Series 2016** <br>6.250% due 07/01/2056 | 9765 | 9269 |
| **Valparaiso, Indiana Revenue Bonds, Series 2021** <br>5.375% due 12/01/2041 | 5350 | 4679 |
| **Whiting, Indiana Revenue Bonds, Series 2016** <br>4.400% due 03/01/2046 | 5000 | 5080 |
|  |  | 100100 |
| **IOWA 0.4%**  |  |  |
| **Iowa Finance Authority Midwestern Disaster Area Revenue Refunding Bonds, Series 2022**  |  |  |
| 4.000% due 12/01/2050  | 2850 | 3044 |
| 5.000% due 12/01/2050  | 6680 | 7576 |
| **Iowa Finance Authority Revenue Bonds, Series 2022** <br>8.000% due 01/01/2042 | 9500 | 8155 |
| **Iowa Tobacco Settlement Authority Revenue Bonds, Series 2021** <br>0.010% due 06/01/2065 (d) | 26980 | 3953 |
|  |  | 22728 |
| **KANSAS 0.2%**  |  |  |
| **Colby, Kansas Revenue Notes, Series 2024** <br>5.500% due 07/01/2026 | 9700 | 9723 |
| **Lenexa, Kansas Tax Allocation Bonds, Series 2007** <br>6.000% due 04/01/2027 ^(c) | 3233 | 453 |
| **Wyandotte County-Kansas City Unified Government, Kansas Revenue Bonds, Series 2018** <br>4.500% due 06/01/2040 | 725 | 689 |
|  |  | 10865 |
| **KENTUCKY 0.3%**  |  |  |
| **Kentucky Economic Development Finance Authority Revenue Bonds, Series 2016**  |  |  |
| 6.000% due 11/15/2036  | 2350 | 1847 |
| 6.250% due 11/15/2046  | 1150 | 802 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Kentucky** **Economic Development Finance Authority Revenue Bonds, Series 2021**  |  |  |
| 4.750% due 07/01/2040  | 3750 | 3239 |
| 5.125% due 07/01/2055  | 4660 | 3701 |
| **Kentucky Public Energy Authority Revenue Bonds, Series 2024** <br>5.000% due 01/01/2055 | 5700 | 6026 |
|  |  | 15615 |
| **LOUISIANA 0.7%**  |  |  |
| **Louisiana Gasoline & Fuels Tax State Revenue Bonds, Series 2017** <br>4.000% due 05/01/2045 | 7000 | 6367 |
| **New Orleans Aviation Board, Louisiana Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 01/01/2039  | 8000 | 8247 |
| 5.250% due 01/01/2044  | 22000 | 22530 |
|  |  | 37144 |
| **MAINE 0.1%**  |  |  |
| **Finance Authority of Maine Revenue Bonds, Series 2024** <br>4.625% due 12/01/2047 | 3000 | 2925 |
| **MARYLAND 0.3%**  |  |  |
| **Maryland Economic Development Corp. Revenue Bonds, Series 2025** <br>5.000% due 07/01/2048 | 11500 | 11642 |
| **Maryland Economic Development Corp. Tax Allocation Bonds, Series 2020** <br>4.000% due 09/01/2040 | 2000 | 1786 |
| **Maryland Health & Higher Educational Facilities Authority Revenue Bonds, Series 2021** <br>3.762% due 01/01/2043 | 3205 | 2324 |
|  |  | 15752 |
| **MASSACHUSETTS 2.0%**  |  |  |
| **Commonwealth of Massachusetts General Obligation Bonds, Series 2018**  |  |  |
| 4.000% due 05/01/2040  | 3580 | 3484 |
| 4.000% due 05/01/2041  | 9305 | 8914 |
| **Commonwealth of Massachusetts General Obligation Bonds, Series 2020** <br>5.000% due 07/01/2048 | 15300 | 15373 |
| **Commonwealth of Massachusetts General Obligation Bonds, Series 2023**  |  |  |
| 5.000% due 10/01/2046  | 5500 | 5672 |
| 5.000% due 10/01/2051  | 10000 | 10217 |
| 5.000% due 10/01/2053  | 19000 | 19377 |
| **Commonwealth of Massachusetts General Obligation Bonds, Series 2025** <br>5.000% due 04/01/2055 | 16000 | 16333 |
| **Massachusetts Development Finance Agency Revenue Bonds, Series 2016** <br>5.000% due 10/01/2048 | 5360 | 4920 |
| **Massachusetts Development Finance Agency Revenue Bonds, Series 2018** <br>5.000% due 07/01/2048 | 10500 | 10260 |
| **Massachusetts Development Finance Agency Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 07/01/2054  | 1200 | 1107 |
| 5.000% due 07/01/2060  | 1100 | 999 |
| **Massachusetts Development Finance Agency Revenue Bonds, Series 2025**  |  |  |
| 5.250% due 07/01/2045  | 2000 | 2006 |
| 5.250% due 07/01/2050  | 2000 | 1984 |
| 5.250% due 07/01/2055  | 8500 | 8190 |
|  |  | 108836 |
| **MICHIGAN 1.8%**  |  |  |
| **Detroit, Michigan General Obligation Bonds, Series 2014** <br>4.000% due 04/01/2044 | 32007 | 25046 |
| **Detroit, Michigan General Obligation Bonds, Series 2021** <br>5.000% due 04/01/2050 | 1600 | 1551 |
| **Detroit, Michigan General Obligation Bonds, Series 2023** <br>6.000% due 05/01/2039 | 1300 | 1441 |
| **Detroit, Michigan General Obligation Notes, Series 2023** <br>6.844% due 05/01/2028 | 515 | 532 |
| **Detroit, Michigan Sewage Disposal System Revenue Bonds, (AGM Insured), Series 2006** <br>3.655% due 07/01/2032 ~ | 3750 | 3701 |
| **Michigan Finance Authority Revenue Bonds, Series 2020**  |  |  |
| 0.000% due 06/01/2045 (d)  | 15000 | 3999 |
| 0.000% due 06/01/2065 (d)  | 55000 | 5420 |
| 4.800% due 09/01/2040  | 235 | 193 |
| 5.000% due 06/01/2040  | 3750 | 3798 |
| 5.000% due 09/01/2050  | 380 | 291 |
| **Michigan Finance Authority Revenue Bonds, Series 2021** <br>5.000% due 05/01/2046 | 1435 | 1059 |
| **Michigan Finance Authority Revenue Bonds, Series 2024**  |  |  |
| 5.500% due 02/28/2049  | 1875 | 1947 |
| 5.500% due 02/28/2057  | 3000 | 3096 |
| **Michigan Finance Authority Revenue Notes, Series 2020** <br>4.300% due 09/01/2030 | 100 | 94 |
| **Michigan State Hospital Finance Authority Revenue Bonds, Series 2010** <br>5.000% due 11/15/2047 | 1000 | 1000 |
| **Michigan State Housing Development Authority Revenue Bonds, Series 2024** <br>6.250% due 06/01/2055 | 5500 | 6037 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Michigan** **Tobacco Settlement Finance Authority Revenue Bonds, Series 2008**  |  |  |
| 0.000% due 06/01/2046 (d)  | 78000 | 10195 |
| 0.000% due 06/01/2058 (d)  | 145250 | 4016 |
| **Michigan Trunk Line State Revenue Bonds, Series 2023** <br>5.000% due 11/15/2046 | 17000 | 17540 |
| **Northern Michigan University Revenue Bonds, Series 2025**  |  |  |
| 5.250% due 06/01/2047 (b)  | 2000 | 2046 |
| 5.500% due 06/01/2055 (b)  | 4250 | 4404 |
| **Wayne County, Michigan Airport Authority Revenue Notes, (AGM Insured), Series 2023** <br>5.000% due 12/01/2033 | 1380 | 1496 |
|  |  | 98902 |
| **MINNESOTA 0.3%**  |  |  |
| **Duluth Economic Development Authority, Minnesota Revenue Bonds, Series 2018** <br>5.000% due 02/15/2048 | 5000 | 5000 |
| **Minneapolis-St Paul Metropolitan Airports Commission, Minnesota Revenue Bonds, Series 2016** <br>5.000% due 01/01/2041 | 750 | 744 |
| **Minneapolis-St Paul Metropolitan Airports Commission, Minnesota Revenue Bonds, Series 2022**  |  |  |
| 5.000% due 01/01/2034  | 1645 | 1744 |
| 5.000% due 01/01/2037  | 2100 | 2182 |
| **Minnesota Housing Finance Agency Revenue Bonds, (GNMA/FNMA/FHLMC Insured), Series 2024** <br>6.250% due 01/01/2055 | 4995 | 5551 |
|  |  | 15221 |
| **MISSISSIPPI 0.0%**  |  |  |
| **Mississippi Development Bank Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 10/01/2034  | 500 | 452 |
| 4.000% due 10/01/2035  | 300 | 266 |
|  |  | 718 |
| **MISSOURI 0.2%**  |  |  |
| **Grindstone Plaza Transportation Development District, Missouri Revenue Bonds, Series 2006**  |  |  |
| 5.500% due 10/01/2031  | 250 | 249 |
| 5.550% due 10/01/2036  | 45 | 43 |
| **Lees Summit Industrial Development Authority, Missouri Revenue Bonds, Series 2016** <br>5.000% due 08/15/2051 | 1450 | 1195 |
| **Missouri Development Finance Board Revenue Bonds, Series 2022** <br>5.750% due 05/01/2052 | 7000 | 7267 |
| **St. Louis Land Clearance for Redevelopment Authority, Missouri Revenue Bonds, Series 2017** <br>5.125% due 06/01/2046 | 2195 | 2064 |
|  |  | 10818 |
| **MONTANA 0.0%**  |  |  |
| **Hardin, Montana Tax Allocation Bonds, Series 2006** <br>6.250% due 09/01/2031 ^(c) | 830 | 124 |
| **MULTI-STATE 2.2%**  |  |  |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2022**  |  |  |
| 2.875% due 07/25/2036 (g)  | 2336 | 2157 |
| 3.125% due 09/25/2036  | 955 | 883 |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2023**  |  |  |
| 4.033% due 12/25/2036  | 26863 | 26890 |
| 4.143% due 01/25/2040 ~  | 21567 | 20753 |
| 4.552% due 08/25/2040 ~  | 27914 | 28249 |
| **Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2024**  |  |  |
| 4.615% due 08/25/2041 ~(g)  | 20208 | 20764 |
| 4.685% due 10/25/2040  | 19345 | 19730 |
|  |  | 119426 |
| **NEBRASKA 0.2%**  |  |  |
| **Omaha Public Power District, Nebraska Revenue Bonds, Series 2021** <br>4.000% due 02/01/2051 | 8000 | 7008 |
| **Omaha Public Power District, Nebraska Revenue Bonds, Series 2024** <br>5.000% due 02/01/2043 | 3500 | 3663 |
|  |  | 10671 |
| **NEVADA 0.2%**  |  |  |
| **Las Vegas, Nevada Revenue Bonds, Series 2016** <br>4.375% due 06/15/2035 | 3540 | 3385 |
| **Nevada Department of Business & Industry State Revenue Bonds, Series 2017** <br>5.125% due 12/15/2037 ^(c) | 1754 | 0 |
| **Nevada Department of Business & Industry State Revenue Bonds, Series 2018** <br>6.950% due 02/15/2038 ^(c) | 3695 | 0 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Reno** **, Nevada Revenue Bonds, Series 2018** <br>0.010% due 07/01/2058 (d) | 42500 | 5902 |
|  |  | 9287 |
| **NEW HAMPSHIRE 1.0%**  |  |  |
| **New Hampshire Business Finance Authority Revenue Bonds, Series 2021** <br>4.000% due 01/01/2051 | 2250 | 1668 |
| **New Hampshire Business Finance Authority Revenue Bonds, Series 2023**  |  |  |
| 3.777% due 08/20/2034  | 13525 | 12624 |
| 3.875% due 01/20/2038  | 7939 | 7253 |
| 3.967% due 06/20/2034  | 10021 | 9505 |
| **New Hampshire Business Finance Authority Revenue Bonds, Series 2024** <br>0.595% due 08/20/2039 (a) | 24033 | 955 |
| **New Hampshire Business Finance Authority Revenue Bonds, Series 2025** <br>4.168% due 01/20/2041 ~ | 21454 | 20268 |
|  |  | 52273 |
| **NEW JERSEY 1.1%**  |  |  |
| **Atlantic City, New Jersey General Obligation Bonds, Series 2015** <br>6.375% due 03/01/2030 | 815 | 817 |
| **Middlesex County Improvement Authority, New Jersey Revenue Bonds, Series 2023** <br>5.000% due 08/15/2053 | 6810 | 6975 |
| **New Jersey Economic Development Authority Revenue Bonds, Series 2022** <br>5.000% due 11/01/2052 | 20000 | 20142 |
| **New Jersey Economic Development Authority Special Assessment Bonds, Series 2002**  |  |  |
| 5.750% due 04/01/2031  | 5000 | 4955 |
| 6.500% due 04/01/2028  | 2523 | 2610 |
| **New Jersey Housing & Mortgage Finance Agency Revenue Bonds, (FHA Insured), Series 2024** <br>5.250% due 12/20/2065 | 2250 | 2279 |
| **New Jersey Transportation Trust Fund Authority Revenue Bonds, Series 2020** <br>4.000% due 06/15/2039 | 2000 | 1897 |
| **New Jersey Transportation Trust Fund Authority Revenue Bonds, Series 2022** <br>5.500% due 06/15/2050 | 3500 | 4101 |
| **New Jersey Transportation Trust Fund Authority Revenue Bonds, Series 2023** <br>4.250% due 06/15/2040 | 10500 | 10167 |
| **Tobacco Settlement Financing Corp. New Jersey Revenue Bonds, Series 2018** <br>5.000% due 06/01/2046 | 940 | 907 |
| **Union County, New Jersey Improvement Authority Revenue Bonds, Series 2021** <br>8.500% due 06/01/2041 | 6000 | 4089 |
|  |  | 58939 |
| **NEW YORK 8.1%**  |  |  |
| **Build NYC Resource Corp. New York Revenue Bonds, Series 2018** <br>5.625% due 12/01/2050 | 8905 | 7863 |
| **Build NYC Resource Corp. New York Revenue Notes, Series 2022**  |  |  |
| 5.750% due 06/01/2052  | 1250 | 1211 |
| 5.750% due 06/01/2062  | 3250 | 3088 |
| **Huntington Local Development Corp. New York Revenue Notes, Series 2021** <br>4.000% due 07/01/2027 | 1785 | 1751 |
| **Monroe County, New York Industrial Development Agency Revenue Bonds, (FNMA Insured),Series 2023** <br>4.720% due 01/01/2044 | 4700 | 4660 |
| **New York City, New York Housing Development Corp. Revenue Bonds, Series 2017**  |  |  |
| 3.700% due 11/01/2047  | 1750 | 1446 |
| 3.750% due 11/01/2052  | 2000 | 1635 |
| **New York City, New York Housing Development Corp. Revenue Bonds, Series 2024** <br>4.650% due 11/01/2049 | 3000 | 2898 |
| **New York City, New York Municipal Water Finance Authority Revenue Bonds, Series 2023** <br>5.250% due 06/15/2053 | 9600 | 9920 |
| **New York City, New York Municipal Water Finance Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 06/15/2043  | 14260 | 15001 |
| 5.250% due 06/15/2055  | 3400 | 3539 |
| **New York City, New York Transitional Finance Authority Future Tax Secured Revenue Bonds, Series 2020**  |  |  |
| 4.000% due 11/01/2040  | 5000 | 4756 |
| 4.000% due 11/01/2043  | 4000 | 3649 |
| 4.000% due 05/01/2047  | 6030 | 5322 |
| **New York City, New York Transitional Finance Authority Future Tax Secured Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 08/01/2039  | 4000 | 3877 |
| 4.000% due 02/01/2049  | 4000 | 3496 |
| **New York City, New York Transitional Finance Authority Revenue Bonds, Series 2023** <br>5.250% due 05/01/2050 | 11000 | 11386 |
| **New York City, New York Transitional Finance Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2049  | 1000 | 1021 |
| 5.000% due 05/01/2050  | 3000 | 3056 |
| 5.250% due 05/01/2048  | 15000 | 15650 |
| 5.250% due 02/01/2053  | 2000 | 2071 |
| **New York City, New York Transitional Finance Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 11/01/2037  | 8000 | 8793 |
| 5.000% due 11/01/2042  | 12000 | 12616 |
| **New York County, New York Tobacco Trust Revenue Bonds, Series 2005**  |  |  |
| 0.000% due 06/01/2050 (d)  | 43000 | 8970 |
| 0.000% due 06/01/2055 (d)  | 75600 | 5985 |
| 0.010% due 06/01/2055 (d)  | 58000 | 4605 |
| 0.010% due 06/01/2060 (d)  | 210000 | 8379 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **New** **York Liberty Development Corp. Revenue Bonds, Series 2014**  |  |  |
| 5.000% due 11/15/2044  | 11250 | 11014 |
| 5.150% due 11/15/2034  | 2600 | 2600 |
| 5.375% due 11/15/2040  | 6500 | 6500 |
| **New York Power Authority Revenue Bonds, (AGM Insured), Series 2022** <br>4.000% due 11/15/2047 | 7300 | 6505 |
| **New York Power Authority Revenue Bonds, (AGM Insured), Series 2023**  |  |  |
| 5.000% due 11/15/2053  | 5000 | 5052 |
| 5.125% due 11/15/2063  | 10000 | 10118 |
| **New York Power Authority Revenue Bonds, Series 2020** <br>4.000% due 11/15/2060 | 8760 | 7406 |
| **New York State Dormitory Authority Revenue Bonds, Series 2020**  |  |  |
| 4.000% due 02/15/2047  | 10750 | 9579 |
| 4.000% due 07/01/2050  | 10175 | 8643 |
| **New York State Dormitory Authority Revenue Bonds, Series 2021** <br>4.000% due 03/15/2040 | 8730 | 8383 |
| **New York State Dormitory Authority Revenue Bonds, Series 2024**  |  |  |
| 4.000% due 05/01/2039  | 3500 | 3373 |
| 4.000% due 03/15/2054  | 14250 | 12276 |
| **New York State Thruway Authority Revenue Bonds, Series 2021** <br>4.000% due 03/15/2047 | 2665 | 2366 |
| **New York State Urban Development Corp. Revenue Bonds, Series 2023** <br>5.000% due 03/15/2053 | 14500 | 14681 |
| **New York Transportation Development Corp. Revenue Bonds, (AGC Insured) ,Series 2024** <br>5.250% due 12/31/2054 | 38100 | 38159 |
| **New York Transportation Development Corp. Revenue Bonds, (AGM Insured), Series 2023** <br>5.125% due 06/30/2060 | 12000 | 11798 |
| **New York Transportation Development Corp. Revenue Bonds, Series 2018**  |  |  |
| 5.000% due 01/01/2031  | 2280 | 2327 |
| 5.000% due 01/01/2033  | 6750 | 6861 |
| 5.000% due 01/01/2036  | 1500 | 1512 |
| **New York Transportation Development Corp. Revenue Bonds, Series 2020**  |  |  |
| 4.375% due 10/01/2045  | 8290 | 7403 |
| 5.000% due 10/01/2035  | 6715 | 6829 |
| 5.000% due 10/01/2040  | 3560 | 3545 |
| 5.250% due 08/01/2031  | 6755 | 6908 |
| **New York Transportation Development Corp. Revenue Bonds, Series 2021** <br>4.000% due 04/30/2053 | 1250 | 997 |
| **New York Transportation Development Corp. Revenue Bonds, Series 2023**  |  |  |
| 5.625% due 04/01/2040  | 8750 | 8998 |
| 6.000% due 04/01/2035  | 17550 | 19101 |
| **New York Transportation Development Corp. Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 06/30/2060  | 17750 | 16691 |
| 5.250% due 06/30/2043  | 7560 | 7613 |
| 5.500% due 06/30/2060  | 2500 | 2502 |
| **New York Transportation Development Corp. Revenue Notes, Series 2018** <br>5.000% due 01/01/2028 | 1000 | 1025 |
| **New York Transportation Development Corp. Revenue Notes, Series 2020** <br>4.000% due 10/01/2030 | 2000 | 1966 |
| **Onondaga Civic Development Corp. New York Revenue Bonds, Series 2024**  |  |  |
| 5.125% due 08/01/2044  | 1000 | 811 |
| 5.375% due 08/01/2054  | 340 | 268 |
| **Port Authority of New York & New Jersey Revenue Bonds, Series 1994** <br>6.125% due 06/01/2094 | 4000 | 4006 |
| **Suffolk County, New York Economic Development Corp. Revenue Bonds, Series 2021** <br>5.375% due 11/01/2054 | 4000 | 3156 |
| **Suffolk Tobacco Asset Securitization Corp. New York Revenue Bonds, Series 2021** <br>0.010% due 06/01/2066 (d) | 67080 | 5971 |
| **Syracuse Industrial Development Agency, New York Revenue Bonds, (SGI Insured), Series 2007** <br>5.693% due 01/01/2028 | 8370 | 8103 |
| **Triborough Bridge & Tunnel Authority Sales Tax, New York Revenue Bonds, Series 2022** <br>5.250% due 05/15/2062 | 3750 | 3839 |
| **Triborough Bridge & Tunnel Authority, New York Revenue Bonds, Series 2025** <br>5.000% due 12/01/2042 | 2000 | 2100 |
| **TSASC, Inc., New York Revenue Bonds, Series 2016** <br>5.000% due 06/01/2045 | 4500 | 3967 |
| **Ulster County, New York Capital Resource Corp. Revenue Bonds, Series 2017**  |  |  |
| 5.250% due 09/15/2047  | 1000 | 805 |
| 5.250% due 09/15/2053  | 2500 | 1932 |
|  |  | 444333 |
| **NORTH CAROLINA 0.1%**  |  |  |
| **North Carolina Housing Finance Agency Revenue Bonds, (GNMA/FNMA/FHLMC Insured), Series 2024** <br>6.250% due 01/01/2055 | 5695 | 6311 |
| **North Carolina Medical Care Commission Revenue Bonds, Series 2021** <br>4.000% due 03/01/2051 | 1500 | 1175 |
| **North Carolina Medical Care Commission Revenue Notes, Series 2021**  |  |  |
| 4.000% due 03/01/2030  | 285 | 284 |
| 4.000% due 03/01/2031  | 290 | 289 |
|  |  | 8059 |
| **NORTH DAKOTA 0.0%**  |  |  |
| **Grand Forks County, North Dakota Revenue Bonds, Series 2021** <br>7.000% due 12/15/2043 ^(c) | 7940 | 0 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **OHIO 2.8%**  |  |  |
| **Allen County, Ohio Hospital Facilities Revenue Bonds, Series 2017** <br>5.000% due 08/01/2042 | 3085 | 3090 |
| **Buckeye Tobacco Settlement Financing Authority, Ohio Revenue Bonds, Series 2020**  |  |  |
| 0.010% due 06/01/2057 (d)  | 279880 | 26044 |
| 5.000% due 06/01/2055  | 74950 | 63988 |
| **Columbus Regional Airport Authority, Ohio Revenue Bonds, Series 2025** <br>5.000% due 01/01/2037 | 6500 | 6836 |
| **Cuyahoga County, Ohio Certificates of Participation Bonds, Series 2024** <br>4.000% due 12/01/2044 | 6355 | 5524 |
| **Cuyahoga County, Ohio Revenue Bonds, Series 2017**  |  |  |
| 5.000% due 02/15/2057  | 5000 | 4620 |
| 5.500% due 02/15/2057  | 1000 | 972 |
| **Franklin County, Ohio Convention Facilities Authority Revenue Bonds, Series 2019**  |  |  |
| 5.000% due 12/01/2033  | 1170 | 1190 |
| 5.000% due 12/01/2035  | 1200 | 1211 |
| 5.000% due 12/01/2037  | 650 | 648 |
| 5.000% due 12/01/2039  | 1425 | 1387 |
| **Geisinger Authority, Ohio Revenue Bonds, Series 2017** <br>4.000% due 02/15/2047 | 2080 | 1780 |
| **Montgomery County, Ohio Revenue Bonds, Series 2018**  |  |  |
| 6.000% due 04/01/2038 ^(c)  | 2398 | 30 |
| 6.250% due 04/01/2049 ^(c)  | 5238 | 65 |
| **Ohio Air Quality Development Authority Revenue Bonds, Series 2017** <br>4.250% due 01/15/2038 | 1075 | 1034 |
| **Ohio Air Quality Development Authority Revenue Bonds, Series 2019** <br>5.000% due 07/01/2049 | 25060 | 22231 |
| **Ohio Housing Finance Agency Revenue Bonds, Series 2024** <br>6.000% due 01/01/2045 | 4230 | 4012 |
| **Ohio Housing Finance Agency Revenue Bonds, Series 2025** <br>6.375% due 01/01/2045 | 2115 | 2124 |
| **Ohio State Hospital Revenue Bonds, Series 2020** <br>4.000% due 11/15/2038 | 1280 | 1188 |
| **Port of Greater Cincinnati Development Authority, Ohio Revenue Bonds, Series 2025** <br>6.500% due 01/01/2045 | 3350 | 3382 |
|  |  | 151356 |
| **OKLAHOMA 0.6%**  |  |  |
| **Oklahoma Development Finance Authority Revenue Bonds, Series 2018** <br>5.500% due 08/15/2052 | 5000 | 4941 |
| **Oklahoma Turnpike Authority Revenue Bonds, Series 2023**  |  |  |
| 4.500% due 01/01/2053  | 5750 | 5518 |
| 5.500% due 01/01/2053  | 2750 | 2869 |
| **Payne County, Oklahoma Economic Development Authority Revenue Bonds, Series 2016**  |  |  |
| 6.625% due 11/01/2036 ^(c)  | 526 | 2 |
| 6.875% due 11/01/2046 ^(c)  | 1081 | 4 |
| 7.000% due 11/01/2051 ^(c)  | 2163 | 7 |
| **Tulsa Municipal Airport Trust Trustees, Oklahoma Revenue Bonds, Series 2025** <br>6.250% due 12/01/2035 | 19000 | 21005 |
|  |  | 34346 |
| **OREGON 0.3%**  |  |  |
| **Salem Hospital Facility Authority, Oregon Revenue Bonds, Series 2022**  |  |  |
| 4.000% due 05/15/2047  | 875 | 700 |
| 4.000% due 05/15/2057  | 1000 | 744 |
| **University of Oregon Revenue Bonds, Series 2020** <br>5.000% due 04/01/2050 | 5705 | 5735 |
| **Washington & Multnomah Counties School District No 48J Beaverton, Oregon General Obligation Bonds, Series 2022** <br>5.000% due 06/15/2052 | 7000 | 7126 |
|  |  | 14305 |
| **PENNSYLVANIA 3.5%**  |  |  |
| **Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania Revenue Bonds, Series 2022** <br>5.250% due 05/01/2042 | 15855 | 15693 |
| **Berks County, Pennsylvania Municipal Authority Revenue Bonds, Series 2024** <br>7.000% due 06/30/2039 | 18807 | 16516 |
| **Berks County, Pennsylvania Municipal Authority Revenue Notes, Series 2024**  |  |  |
| 6.000% due 06/30/2034  | 1850 | 1959 |
| 8.000% due 06/30/2034  | 3693 | 3773 |
| **Blythe Township Solid Waste Authority, Pennsylvania Revenue Bonds, Series 2017** <br>7.750% due 12/01/2037 | 6500 | 7080 |
| **Chester County Health & Education Facilities Authority, Pennsylvania Revenue Bonds, Series 2017** <br>5.000% due 10/01/2052 | 2500 | 2429 |
| **Doylestown Hospital Authority, Pennsylvania Revenue Bonds, Series 2024** <br>5.375% due 07/01/2039 | 2575 | 2734 |
| **Franklin County Industrial Development Authority, Pennsylvania Revenue Bonds, Series 2018** <br>5.000% due 12/01/2053 | 1650 | 1375 |
| **Geisinger Authority, Pennsylvania Revenue Bonds, Series 2020** <br>4.000% due 04/01/2050 | 14750 | 12455 |
| **General Authority of Southcentral Pennsylvania Revenue Bonds, Series 2018** <br>6.500% due 07/15/2048 | 4200 | 4249 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Lancaster** **Municipal Authority, Pennsylvania Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/01/2044  | 1000 | 999 |
| 5.000% due 05/01/2049  | 900 | 873 |
| **Lehigh County, Pennsylvania Industrial Development Authority Revenue Bonds, Series 2016** <br>3.000% due 09/01/2029 | 9500 | 9495 |
| **Mercer County, Pennsylvania Industrial Development Authority Revenue Bonds, Series 2020** <br>6.125% due 10/01/2050 | 4935 | 3506 |
| **Montgomery County Industrial Development Authority, Pennsylvania Revenue Bonds, Series 2024** <br>5.000% due 11/01/2044 | 4300 | 4115 |
| **Montgomery County, Pennsylvania Higher Education & Health Authority Revenue Bonds, Series 2018** <br>4.000% due 09/01/2049 | 2200 | 1859 |
| **Moon Industrial Development Authority, Pennsylvania Revenue Bonds, Series 2015**  |  |  |
| 6.000% due 07/01/2045  | 21300 | 18494 |
| 6.125% due 07/01/2050  | 4500 | 3842 |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2009** <br>5.250% due 12/01/2037 | 5000 | 5042 |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2022**  |  |  |
| 5.250% due 06/30/2053  | 7635 | 7642 |
| 6.000% due 06/30/2061  | 6000 | 6287 |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2023**  |  |  |
| 5.250% due 07/01/2046  | 2200 | 2220 |
| 5.250% due 07/01/2049  | 2000 | 2005 |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2025** <br>5.450% due 01/01/2051 | 2500 | 2554 |
| **Pennsylvania Economic Development Financing Authority Revenue Notes, Series 2022** <br>5.000% due 12/31/2032 | 3070 | 3315 |
| **Pennsylvania Higher Educational Facilities Authority Revenue Bonds, Series 2019** <br>5.000% due 08/15/2049 | 12200 | 12105 |
| **Pennsylvania Housing Finance Agency Revenue Bonds, Series 2024**  |  |  |
| 6.000% due 10/01/2054  | 6260 | 6774 |
| 6.250% due 10/01/2054  | 3400 | 3717 |
| **Pennsylvania Turnpike Commission Oil Franchise Tax Revenue Bonds, Series 2021** <br>4.000% due 12/01/2051 | 3500 | 3047 |
| **Pennsylvania Turnpike Commission Revenue Bonds, Series 2019** <br>5.000% due 12/01/2044 | 6000 | 6020 |
| **Pennsylvania Turnpike Commission Revenue Bonds, Series 2021** <br>5.000% due 12/01/2051 | 4050 | 4105 |
| **Pennsylvania Turnpike Commission Revenue Bonds, Series 2022** <br>5.250% due 12/01/2052 | 3000 | 3085 |
| **Philadelphia Authority for Industrial Development, Pennsylvania Revenue Bonds, Series 2017** <br>5.500% due 12/01/2058 | 3500 | 3625 |
| **Southeastern Pennsylvania Transportation Authority Revenue Bonds, Series 2022** <br>5.250% due 06/01/2043 | 5000 | 5259 |
| **Washington County, Pennsylvania Redevelopment Authority Tax Allocation Bonds, Series 2018** <br>5.000% due 07/01/2035 | 750 | 737 |
|  |  | 188985 |
| **PUERTO RICO 6.7%**  |  |  |
| **Children's Trust Fund, Puerto Rico Revenue Bonds, Series 2008**  |  |  |
| 0.000% due 05/15/2057 (d)  | 69500 | 1832 |
| 0.010% due 05/15/2057 (d)  | 125000 | 6898 |
| **Commonwealth of Puerto Rico Bonds, Series 2022**  |  |  |
| 0.000% due 11/01/2043  | 43493 | 26802 |
| 0.000% due 11/01/2051  | 79251 | 50126 |
| **GDB Debt Recovery Authority of Puerto Rico Revenue Bonds, Series 2018** <br>7.500% due 08/20/2040 | 34182 | 32769 |
| **Puerto Rico Electric Power Authority Revenue Bonds, (AGM Insured), Series 2007** <br>3.568% (US0003M + 0.520%) due 07/01/2029 ~ | 9245 | 8838 |
| **Puerto Rico Electric Power Authority Revenue Bonds, (BABs), Series 2010**  |  |  |
| 5.950% due 07/01/2030 ^(c)  | 2500 | 1219 |
| 6.125% due 07/01/2040 ^(c)  | 1950 | 951 |
| 6.250% due 07/01/2040 ^(c)  | 400 | 195 |
| **Puerto Rico Electric Power Authority Revenue Bonds, Series 2005** <br>4.625% due 07/01/2030 ^(c) | 10 | 5 |
| **Puerto Rico Electric Power Authority Revenue Bonds, Series 2007**  |  |  |
| 1.000% due 07/01/2031 ^~(c)  | 2500 | 1219 |
| 5.000% due 07/01/2026 ^(c)  | 10 | 5 |
| 5.000% due 07/01/2037 ^(c)  | 555 | 271 |
| **Puerto Rico Electric Power Authority Revenue Bonds, Series 2008**  |  |  |
| 5.000% due 07/01/2028 ^(c)  | 12030 | 5865 |
| 5.250% due 07/01/2033 ^(c)  | 4200 | 2047 |
| 5.500% due 07/01/2038 ^(c)  | 5745 | 2801 |
| **Puerto Rico Electric Power Authority Revenue Bonds, Series 2010**  |  |  |
| 4.625% due 07/01/2025 ^(c)  | 35 | 17 |
| 4.750% due 07/01/2026 ^(c)  | 245 | 119 |
| 4.750% due 07/01/2027 ^(c)  | 50 | 24 |
| 5.000% due 07/01/2025 ^(c)  | 865 | 422 |
| 5.000% due 07/01/2026 ^(c)  | 65 | 32 |
| 5.250% due 07/01/2025 ^(c)  | 25 | 12 |
| 5.250% due 07/01/2026 ^(c)  | 6070 | 2959 |
| 5.250% due 07/01/2027 ^(c)  | 390 | 190 |
| 5.250% due 07/01/2030 ^(c)  | 1625 | 792 |
| 5.250% due 07/01/2031 ^(c)  | 30 | 15 |
| 5.250% due 07/01/2040 ^(c)  | 26855 | 13092 |
| 5.400% due 07/01/2028 ^(c)  | 2610 | 1272 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.750% due 07/01/2036 ^(c)  | 23620 | 11515 |
| **Puerto Rico Electric Power Authority Revenue Bonds, Series 2012**  |  |  |
| 5.000% due 07/01/2029 ^(c)  | 7000 | 3412 |
| 5.000% due 07/01/2042 ^(c)  | 3125 | 1523 |
| **Puerto Rico Electric Power Authority Revenue Bonds, Series 2013**  |  |  |
| 6.750% due 07/01/2036 ^(c)  | 10000 | 4875 |
| 7.000% due 07/01/2033 ^(c)  | 4900 | 2389 |
| 7.000% due 07/01/2040 ^(c)  | 20 | 10 |
| 7.000% due 07/01/2043 ^(c)  | 2600 | 1267 |
| **Puerto Rico Electric Power Authority Revenue Bonds,(BABs),Series 2010** <br>6.050% due 07/01/2032 ^(c) | 770 | 375 |
| **Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018**  |  |  |
| 0.010% due 07/01/2046 (d)  | 59548 | 18972 |
| 0.010% due 07/01/2051 (d)  | 244313 | 57123 |
| 4.750% due 07/01/2053  | 25325 | 23318 |
| 5.000% due 07/01/2058  | 45177 | 42538 |
| **Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2019**  |  |  |
| 4.329% due 07/01/2040  | 16030 | 15058 |
| 4.550% due 07/01/2040  | 21414 | 20547 |
|  |  | 363711 |
| **RHODE ISLAND 0.5%**  |  |  |
| **Rhode Island Health & Educational Building Corp. Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 05/15/2038  | 1000 | 1052 |
| 5.000% due 05/15/2042  | 1000 | 1008 |
| 5.250% due 05/15/2049  | 3650 | 3651 |
| **Tobacco Settlement Financing Corp. Rhode Island Revenue Bonds, Series 2007** <br>0.000% due 06/01/2052 (d) | 12580 | 2184 |
| **Tobacco Settlement Financing Corp. Rhode Island Revenue Bonds, Series 2015**  |  |  |
| 5.000% due 06/01/2040  | 4500 | 4500 |
| 5.000% due 06/01/2050  | 14280 | 14159 |
|  |  | 26554 |
| **SOUTH CAROLINA 0.9%**  |  |  |
| **Charleston County, South Carolina Airport District Revenue Bonds, Series 2024** <br>5.250% due 07/01/2054 | 3750 | 3801 |
| **Patriots Energy Group Financing Agency, South Carolina Revenue Bonds, Series 2023** <br>5.250% due 02/01/2054 | 7700 | 8271 |
| **South Carolina Jobs-Economic Development Authority Revenue Bonds, Series 2025** <br>5.250% due 11/01/2043 | 4500 | 4696 |
| **South Carolina Public Service Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 12/01/2049  | 3500 | 3502 |
| 5.250% due 12/01/2049  | 4500 | 4609 |
| 5.500% due 12/01/2054  | 12525 | 13125 |
| **South Carolina Public Service Authority Revenue Bonds, Series 2025** <br>5.000% due 12/01/2046 | 6750 | 6817 |
| **Spartanburg Regional Health Services District, South Carolina Revenue Bonds, Series 2017** <br>5.000% due 04/15/2048 | 6800 | 6735 |
|  |  | 51556 |
| **TENNESSEE 1.1%**  |  |  |
| **Bristol Industrial Development Board, Tennessee Tax Allocation Bonds, Series 2016** <br>5.625% due 06/01/2035 | 2000 | 1759 |
| **Memphis-Shelby County, Tennessee Industrial Development Board Tax Allocation Bonds, Series 2017** <br>5.625% due 01/01/2046 | 850 | 558 |
| **Metropolitan Government of Nashville & Davidson County Sports Auth, Tennessee Revenue Bonds, Series 2023**  |  |  |
| 5.000% due 07/01/2048  | 2440 | 2516 |
| 5.000% due 07/01/2056  | 4000 | 4066 |
| **Metropolitan Government of Nashville & Davidson County, Tennessee Health & Educational Facs Bd Revenue Bonds, Series 2020** <br>4.000% due 11/01/2055 | 4000 | 2897 |
| **Metropolitan Government of Nashville & Davidson County, Tennessee Health & Educational Facs Bd Revenue Bonds, Series 2023** <br>4.875% due 10/01/2038 | 10305 | 10362 |
| **Metropolitan Nashville Airport Authority, Tennessee Revenue Bonds, Series 2022**  |  |  |
| 5.250% due 07/01/2047  | 6250 | 6328 |
| 5.500% due 07/01/2052  | 4500 | 4596 |
| **Tennergy Corp. Tennessee Revenue Bonds, Series 2022** <br>5.500% due 10/01/2053 | 9805 | 10296 |
| **Tennessee Energy Acquisition Corp. Revenue Bonds, Series 2021** <br>5.000% due 05/01/2052 | 17750 | 18710 |
|  |  | 62088 |
| **TEXAS 9.2%**  |  |  |
| **Angelina & Neches River Authority, Texas Revenue Bonds, Series 2021**  |  |  |
| 5.000% due 12/01/2045  | 5750 | 5750 |
| 7.500% due 12/01/2045 ^(c)  | 7060 | 706 |
| 12.000% due 12/01/2045 ^(c)  | 9525 | 1141 |
| **Arlington Higher Education Finance Corp. Texas Revenue Bonds, Series 2016** <br>5.000% due 12/01/2051 | 2710 | 2470 |
| **Austin Affordable PFC Inc., Texas Revenue Bonds, (FNMA Insured), Series 2024** <br>4.450% due 03/01/2043 | 2575 | 2482 |
| **Austin Housing Finance Corp. Texas Revenue Bonds, Series 2024** <br>3.400% due 11/01/2042 | 5200 | 5247 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Brazoria** **County, Texas Industrial Development Corp. Revenue Bonds, Series 2019**  |  |  |
| 7.000% due 03/01/2039 ^(c)  | 480 | 288 |
| 9.000% due 03/01/2039 ^(c)  | 14865 | 8919 |
| **Brazoria County, Texas Industrial Development Corp. Revenue Bonds, Series 2022** <br>10.000% due 06/01/2042 | 4687 | 3515 |
| **Brazoria County, Texas Industrial Development Corp. Revenue Bonds, Series 2023** <br>12.000% due 06/01/2043 | 12186 | 9139 |
| **Calhoun County, Texas Navigation Industrial Development Authority Revenue Notes, Series 2021**  |  |  |
| 3.625% due 07/01/2026  | 7000 | 6731 |
| 6.500% due 07/01/2026  | 12750 | 12062 |
| **Canutillo Independent School District, Texas General Obligation Bonds, (PSF Insured), Series2024** <br>5.250% due 02/15/2054 | 12100 | 12537 |
| **Celina, Texas Special Assessment Bonds, (AGC Insured), Series 2025**  |  |  |
| 5.000% due 09/01/2039  | 750 | 779 |
| 5.000% due 09/01/2045  | 1750 | 1759 |
| **Celina, Texas Special Assessment Bonds, Series 2024**  |  |  |
| 5.125% due 09/01/2044  | 1800 | 1688 |
| 5.375% due 09/01/2053  | 226 | 212 |
| 5.500% due 09/01/2054  | 1000 | 956 |
| **Celina, Texas Special Assessment Bonds, Series 2025**  |  |  |
| 5.500% due 09/01/2045  | 300 | 291 |
| 5.625% due 09/01/2055  | 600 | 573 |
| **Central Texas Turnpike System Revenue Bonds, Series 2024** <br>5.000% due 08/15/2039 | 3500 | 3714 |
| **Clifton Higher Education Finance Corp. Texas Revenue Bonds, Series 2018** <br>6.125% due 08/15/2048 | 3000 | 3011 |
| **Club Municipal Management District No 1, Texas Special Assessment Bonds, Series 2024**  |  |  |
| 5.100% due 09/01/2044  | 650 | 622 |
| 5.375% due 09/01/2055  | 1047 | 1001 |
| **Conroe Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024** <br>4.000% due 02/15/2049 | 13000 | 11490 |
| **Crandall, Texas Special Assessment Bonds, Series 2025**  |  |  |
| 5.250% due 09/15/2045  | 540 | 512 |
| 5.500% due 09/15/2055  | 1250 | 1185 |
| **Dallas Area Rapid Transit, Texas Revenue Bonds, Series 2021** <br>4.000% due 12/01/2051 | 15000 | 13081 |
| **Dallas Housing Finance Corp. Texas Revenue Bonds, Series 2022** <br>6.000% due 12/01/2062 | 3425 | 3080 |
| **Denton County, Texas Special Assessment Bonds, Series 2025**  |  |  |
| 4.500% due 12/31/2035  | 1000 | 1005 |
| 5.000% due 12/31/2035  | 1000 | 1008 |
| 5.375% due 12/31/2045  | 1750 | 1765 |
| 5.875% due 12/31/2045  | 1500 | 1512 |
| 6.125% due 12/31/2055  | 3500 | 3528 |
| **Denton County, Texas Special Assessment Notes, Series 2025**  |  |  |
| 4.250% due 12/31/2030  | 700 | 702 |
| 4.750% due 12/31/2030  | 650 | 653 |
| **Denton Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023** <br>5.000% due 08/15/2053 | 13000 | 13192 |
| **Dickinson Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023** <br>4.250% due 02/15/2053 | 8075 | 7268 |
| **Elysian Fields Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024** <br>4.000% due 02/15/2049 | 8000 | 7030 |
| **Everman Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024**  |  |  |
| 4.000% due 02/15/2049  | 4640 | 4077 |
| 4.000% due 02/15/2054  | 6540 | 5623 |
| **Fort Worth, Texas Water & Wastewater System Revenue Bonds, Series 2024** <br>4.250% due 02/15/2053 | 6940 | 6207 |
| **Harris County, Texas Cultural Education Facilities Finance Corp. Revenue Bonds, Series 2021** <br>4.000% due 10/01/2042 | 5000 | 4540 |
| **Harris County, Texas General Obligation Bonds, Series 2024** <br>4.000% due 09/15/2049 | 5000 | 4337 |
| **Harris County, Texas Toll Road Revenue Bonds, Series 2024** <br>4.000% due 08/15/2049 | 6500 | 5725 |
| **Houston, Texas Airport System Revenue Bonds, Series 2024**  |  |  |
| 5.500% due 07/15/2035  | 14500 | 15160 |
| 5.500% due 07/15/2036  | 17850 | 18582 |
| 5.500% due 07/15/2037  | 22500 | 23388 |
| **Houston, Texas Airport System Revenue Notes, Series 2024** <br>5.250% due 07/15/2034 | 8700 | 8971 |
| **Humble Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2022** <br>4.000% due 02/15/2052 | 5010 | 4342 |
| **La Vega Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024** <br>4.125% due 02/15/2054 | 6000 | 5273 |
| **Lamar Consolidated Independent School District, Texas General Obligation Bonds, Series 2023** <br>4.000% due 02/15/2048 | 9000 | 7966 |
| **Little Elm Independent School District, Texas General Obligation Bonds, Series 2023** <br>4.250% due 08/15/2053 | 1800 | 1627 |
| **Lower Colorado River Authority, Texas Revenue Bonds, Series 2025** <br>5.000% due 05/15/2050 | 2100 | 2123 |
| **New Hope Cultural Education Facilities Finance Corp. Texas Revenue Bonds, Series 2016**  |  |  |
| 4.000% due 07/01/2031 ^(c)  | 1180 | 920 |
| 4.000% due 07/01/2036 ^(c)  | 2635 | 2378 |
| 4.250% due 07/01/2031  | 670 | 605 |
| 4.250% due 07/01/2036 ^(c)  | 1950 | 1521 |
| 4.750% due 07/01/2051 ^(c)  | 6730 | 5249 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.000% due 07/01/2031 ^(c)  | 905 | 817 |
| 5.000% due 07/01/2046 ^(c)  | 19265 | 15731 |
| 5.000% due 07/01/2051 ^(c)  | 9305 | 8398 |
| 5.250% due 07/01/2036 ^(c)  | 400 | 200 |
| 5.500% due 07/01/2046 ^(c)  | 2520 | 1260 |
| 5.750% due 07/01/2051 ^(c)  | 1000 | 500 |
| 7.000% due 07/01/2051 ^(c)  | 1450 | 203 |
| **New Hope Cultural Education Facilities Finance Corp. Texas Revenue Bonds, Series 2017**  |  |  |
| 5.000% due 01/01/2042  | 500 | 485 |
| 5.000% due 01/01/2047  | 1500 | 1399 |
| **New Hope Cultural Education Facilities Finance Corp. Texas Revenue Bonds, Series 2019** <br>5.000% due 12/01/2054 | 250 | 215 |
| **New Hope Cultural Education Facilities Finance Corp. Texas Revenue Notes, Series 2016**  |  |  |
| 3.750% due 07/01/2025  | 25 | 25 |
| 4.000% due 07/01/2025  | 50 | 39 |
| 4.000% due 07/01/2026  | 25 | 19 |
| 6.000% due 07/01/2026 ^(c)  | 80 | 11 |
| **North Texas Municipal Water District Water System Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 09/01/2044  | 2700 | 2815 |
| 5.000% due 09/01/2045  | 5000 | 5190 |
| 5.000% due 09/01/2046  | 4505 | 4657 |
| 5.000% due 09/01/2051  | 10000 | 10231 |
| **Northwest Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024** <br>4.000% due 02/15/2049 | 7225 | 6358 |
| **Pilot Point, Texas Special Assessment Bonds, Series 2025**  |  |  |
| 6.375% due 09/15/2055  | 2800 | 2833 |
| 7.125% due 09/15/2055  | 2142 | 2167 |
| **Port Beaumont Navigation District, Texas Revenue Bonds, Series 2020** <br>4.000% due 01/01/2050 | 8125 | 6228 |
| **Princeton, Texas Special Assessment Bonds, Series 2024** <br>5.250% due 09/01/2054 | 750 | 723 |
| **Princeton, Texas Special Assessment Bonds, Series 2025** <br>5.625% due 09/01/2055 | 700 | 672 |
| **Rowlett, Texas Special Assessment Bonds, Series 2016** <br>5.750% due 09/15/2036 | 100 | 101 |
| **Royse City Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024** <br>5.000% due 02/15/2054 | 2100 | 2137 |
| **San Antonio Water System, Texas Revenue Bonds, Series 2015** <br>4.000% due 05/15/2045 | 6845 | 6009 |
| **San Antonio, Texas Electric & Gas Systems Revenue Bonds, Series 2024** <br>5.250% due 02/01/2049 | 16215 | 16850 |
| **Southwest Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023** <br>4.000% due 02/01/2043 | 6000 | 5610 |
| **Tarrant County, Texas Cultural Education Facilities Finance Corp. Revenue Bonds, Series 2017** <br>6.750% due 11/15/2052 | 3000 | 3036 |
| **Tarrant County, Texas Cultural Education Facilities Finance Corp. Revenue Bonds, Series 2020** <br>6.875% due 11/15/2055 | 2400 | 2060 |
| **Texas Department of Housing & Community Affairs Revenue Bonds, (GNMA Insured), Series 2025** <br>6.000% due 01/01/2056 | 10000 | 11073 |
| **Texas Private Activity Bond Surface Transportation Corp. Revenue Bonds, Series 2019** <br>5.000% due 06/30/2058 | 7450 | 7125 |
| **Texas State University System Revenue Bonds, Series 2024** <br>5.000% due 03/15/2044 | 3000 | 3102 |
| **Texas Transportation Commission Revenue Bonds, Series 2019**  |  |  |
| 0.000% due 08/01/2047 (d)  | 5575 | 1765 |
| 0.000% due 08/01/2051 (d)  | 3450 | 875 |
| **Texas Water Development Board Revenue Bonds, Series 2017** <br>4.000% due 10/15/2047 | 5700 | 5063 |
| **Texas Water Development Board Revenue Bonds, Series 2022** <br>4.800% due 10/15/2052 | 33300 | 33344 |
| **Texas Water Development Board Revenue Bonds, Series 2023**  |  |  |
| 4.875% due 10/15/2048  | 6800 | 6875 |
| 5.000% due 10/15/2058  | 4500 | 4548 |
| **Texas Water Development Board Revenue Bonds, Series 2024**  |  |  |
| 4.250% due 10/15/2051  | 10000 | 9094 |
| 4.375% due 10/15/2054  | 12250 | 11436 |
| 4.375% due 10/15/2059  | 13800 | 12752 |
| **Waxahachie Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2024** <br>4.000% due 02/15/2049 | 6500 | 5762 |
|  |  | 501011 |
| **UTAH 0.7%**  |  |  |
| **Downtown Revitalization Public Infrastructure District, Utah Revenue Bonds, (AGC Insured), Series 2025** <br>5.250% due 06/01/2045 | 4700 | 4924 |
| **Mida Cormont Public Infrastructure District, Utah General Obligation Bonds, Series 2025**  |  |  |
| 6.250% due 06/01/2055  | 1700 | 1744 |
| 6.750% due 06/01/2055 (e)  | 4500 | 3667 |
| **Mida Mountain Village Public Infrastructure District, Utah Tax Allocation Bonds, Series 2024**  |  |  |
| 5.125% due 06/15/2054  | 5940 | 5555 |
| 6.000% due 06/15/2054  | 7500 | 7545 |
| **Salt Lake City, Utah Airport Revenue Bonds, Series 2018** <br>5.000% due 07/01/2048 | 3430 | 3374 |
| **Salt Lake City, Utah Airport Revenue Bonds, Series 2021** <br>5.000% due 07/01/2051 | 10000 | 9817 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **UIPA** **Crossroads Public Infrastructure District, Utah Tax Allocation Bonds, Series 2021** <br>4.375% due 06/01/2052 | 3500 | 3015 |
|  |  | 39641 |
| **VERMONT 0.0%**  |  |  |
| **Vermont Economic Development Authority Revenue Bonds, Series 2022** <br>4.375% due 06/01/2052 | 2000 | 1973 |
| **VIRGINIA 1.4%**  |  |  |
| **Farms New Kent Community Development Authority, Virginia Special Assessment Bonds, Series 2021** <br>3.750% due 03/01/2036 | 4355 | 4093 |
| **Hampton Roads Transportation Accountability Commission, Virginia Revenue Bonds, Series 2022** <br>4.000% due 07/01/2057 | 13000 | 11181 |
| **Henrico County, Virginia Economic Development Authority Revenue Bonds, Series 2025** <br>5.000% due 11/01/2048 | 5000 | 5028 |
| **Henrico County, Virginia Economic Development Authority Revenue Notes, Series 2025** <br>5.000% due 11/01/2035 | 15000 | 16532 |
| **Lewistown Commerce Center Community Development Authority Revenue Bonds, Virginia Tax Allocation, Series 2014**  |  |  |
| 6.050% due 03/01/2044 ^(c)  | 164 | 112 |
| 6.050% due 03/01/2044  | 154 | 129 |
| 6.050% due 03/01/2054 ^(c)  | 584 | 263 |
| **Peninsula Town Center Community Development Authority, Virginia Special Assessment Bonds, Series 2018** <br>5.000% due 09/01/2045 | 2250 | 2128 |
| **Virginia Beach Development Authority Revenue Bonds, Series 2023** <br>7.000% due 09/01/2059 | 4000 | 4355 |
| **Virginia Housing Development Authority Revenue Bonds, Series 2023** <br>5.150% due 10/01/2053 | 3000 | 3035 |
| **Virginia Small Business Financing Authority Revenue Bonds, Series 2019**  |  |  |
| 5.500% due 07/01/2044  | 12625 | 10570 |
| 7.500% due 07/01/2052 ^(c)  | 5569 | 3341 |
| **Virginia Small Business Financing Authority Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 12/01/2039  | 2000 | 2059 |
| 5.500% due 12/01/2054  | 2500 | 2540 |
| **Virginia Small Business Financing Authority Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 06/15/2044  | 2500 | 2522 |
| 5.000% due 06/15/2045  | 2500 | 2506 |
| 5.250% due 06/15/2055  | 4000 | 4046 |
|  |  | 74440 |
| **WASHINGTON 1.2%**  |  |  |
| **Energy Northwest, Washington Revenue Bonds, Series 2025** <br>5.000% due 07/01/2042 | 7000 | 7388 |
| **Seattle, Washington Drainage & Wastewater Revenue Bonds, Series 2021** <br>4.000% due 09/01/2051 | 2000 | 1751 |
| **Seattle, Washington Municipal Light & Power Revenue Bonds, Series 2017** <br>4.000% due 09/01/2047 | 3135 | 2769 |
| **Washington State General Obligation Bonds, Series 2023** <br>5.000% due 06/01/2040 | 5825 | 6190 |
| **Washington State Housing Finance Commission Revenue Bonds, (FNMA Insured), Series 2024** <br>4.400% due 03/01/2043 | 13685 | 13034 |
| **Washington State Housing Finance Commission Revenue Bonds, Series 2018**  |  |  |
| 5.000% due 07/01/2048  | 2925 | 2015 |
| 5.000% due 07/01/2053  | 3945 | 2606 |
| **Washington State Housing Finance Commission Revenue Bonds, Series 2023** <br>3.375% due 04/20/2037 | 12705 | 11559 |
| **Washington State Housing Finance Commission Revenue Bonds, Series 2024** <br>4.085% due 03/20/2040 | 14488 | 13617 |
| **Washington State Housing Finance Commission Revenue Bonds, Series 2025**  |  |  |
| 6.000% due 07/01/2060 (b)  | 1000 | 997 |
| 7.000% due 07/01/2064  | 2200 | 2240 |
|  |  | 64166 |
| **WEST VIRGINIA 0.9%**  |  |  |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2007** <br>0.000% due 06/01/2047 (d) | 144415 | 13214 |
| **Tobacco Settlement Finance Authority, West Virginia Revenue Bonds, Series 2020**  |  |  |
| 4.006% due 06/01/2040  | 3000 | 2454 |
| 4.875% due 06/01/2049  | 9885 | 9073 |
| **West Virginia Economic Development Authority Revenue Bonds, Series 2025**  |  |  |
| 4.625% due 04/15/2055  | 9000 | 8967 |
| 5.450% due 01/01/2055  | 9120 | 9308 |
| **West Virginia Hospital Finance Authority Revenue Bonds, Series 2023** <br>6.000% due 09/01/2053 | 8600 | 9155 |
|  |  | 52171 |
| **WISCONSIN 2.3%**  |  |  |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2017**  |  |  |
| 6.750% due 08/01/2031  | 12500 | 11219 |
| 7.000% due 11/01/2046 ^(c)  | 3500 | 1925 |
| 7.000% due 01/01/2050  | 4750 | 4883 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Public** **Finance Authority, Wisconsin Revenue Bonds, Series 2018**  |  |  |
| 5.000% due 03/01/2048  | 5000 | 4135 |
| 6.375% due 01/01/2048 ^(c)  | 8930 | 4018 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2019** <br>5.875% due 10/01/2054 ^(c) | 5230 | 3234 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2020**  |  |  |
| 0.010% due 01/01/2035 (d)  | 3610 | 2046 |
| 0.010% due 01/01/2060 (d)  | 43000 | 3258 |
| 5.000% due 01/01/2055  | 3500 | 2884 |
| 5.250% due 03/01/2055  | 2500 | 2133 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2021**  |  |  |
| 4.000% due 09/30/2051  | 9475 | 7492 |
| 4.000% due 07/01/2056  | 2250 | 1588 |
| 5.625% due 06/01/2050  | 6500 | 6376 |
| 6.500% due 06/01/2045  | 1400 | 1204 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2022**  |  |  |
| 4.000% due 10/01/2052  | 5360 | 4522 |
| 5.000% due 10/01/2052  | 13120 | 13137 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2023** <br>0.000% due 07/01/2062 | 1360 | 990 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2024**  |  |  |
| 5.000% due 12/15/2039  | 700 | 672 |
| 5.000% due 12/15/2044  | 400 | 364 |
| **Public Finance Authority, Wisconsin Revenue Bonds, Series 2025**  |  |  |
| 5.000% due 11/15/2042  | 750 | 761 |
| 5.250% due 06/01/2045  | 370 | 363 |
| 5.250% due 11/15/2050  | 2500 | 2524 |
| 5.250% due 06/15/2055  | 1000 | 997 |
| 5.250% due 11/15/2061  | 3000 | 2995 |
| 5.500% due 06/15/2045  | 725 | 705 |
| 5.500% due 06/01/2055  | 600 | 592 |
| 5.500% due 06/15/2055  | 750 | 750 |
| 5.750% due 06/15/2055  | 1000 | 971 |
| **Public Finance Authority, Wisconsin Revenue Notes, Series 2016** <br>5.000% due 12/01/2025 | 2000 | 2003 |
| **Public Finance Authority, Wisconsin Revenue Notes, Series 2023**  |  |  |
| 0.010% due 09/01/2029 (d)  | 1835 | 1360 |
| 6.125% due 12/15/2029  | 4406 | 4442 |
| **Public Finance Authority, Wisconsin Revenue Notes, Series 2025**  |  |  |
| 5.000% due 06/01/2030  | 750 | 781 |
| 5.000% due 06/01/2035  | 1175 | 1221 |
| **Wisconsin Center District Revenue Bonds, (AGM Insured), Series 2020**  |  |  |
| 0.000% due 12/15/2050 (d)  | 25410 | 7089 |
| 0.000% due 12/15/2060 (d)  | 5000 | 813 |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2016** <br>4.000% due 11/15/2046 | 2095 | 1819 |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2017** <br>4.000% due 08/15/2047 | 3500 | 3064 |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2018** <br>4.500% due 07/01/2043 | 2350 | 1969 |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2021** <br>4.000% due 08/15/2041 | 4000 | 3735 |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2024** <br>5.875% due 07/01/2055 | 8000 | 7732 |
| **Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2025** <br>6.625% due 07/01/2060 | 4800 | 4946 |
|  |  | 127712 |
| Total Municipal Bonds & Notes (Cost $4,847,007) |  | 4704808 |
| **U.S. GOVERNMENT AGENCIES 4.7%**  |  |  |
| **BBRA**<br>7.215% due 06/02/2059 | 43300 | 43300 |
| **BBRA**<br>7.215% due 06/01/2059 | 12600 | 12600 |
| **Freddie Mac**  |  |  |
| 3.084% due 04/25/2043 ~ | 8083 | 7036 |
| 3.260% due 01/25/2039 ~ | 24503 | 15852 |
| 3.541% due 01/25/2043 ~ | 12177 | 7812 |
| 3.600% due 12/01/2040 - 06/01/2043 | 15090 | 13672 |
| 3.700% due 09/01/2038 | 10481 | 9837 |
| 3.720% due 01/01/2041 | 13911 | 12817 |
| 3.790% due 07/01/2040 | 3912 | 3647 |
| 3.800% due 12/01/2038 - 01/01/2040 | 15198 | 14314 |
| 3.850% due 02/01/2038 - 01/01/2040 | 23014 | 21777 |
| 4.000% due 01/01/2039 | 3500 | 3358 |
| 4.100% due 05/01/2038 | 6774 | 6619 |
| 4.250% due 08/01/2038 | 4958 | 4899 |
| 4.300% due 05/25/2041 ~(g) | 5901 | 5642 |
| 4.400% due 11/01/2040 | 9904 | 9740 |
| 4.500% due 12/01/2040 | 10000 | 9910 |
| 4.600% due 03/01/2041 | 7657 | 7616 |
| 4.900% due 02/01/2040 | 5934 | 6182 |
| 4.913% due 07/15/2040 •  | 4903 | 5021 |
| 5.210% due 08/01/2040 | 15859 | 17001 |
| 5.360% due 06/01/2039 | 7530 | 8156 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.469% due 01/25/2042 ~ | 12474 | 9996 |
| Total U.S. Government Agencies (Cost $254,984) |  | 256804 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **MUTUAL FUNDS 0.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (f) | 1507380 | 1507 |
| Total Short-Term Instruments (Cost $1,507) |  | 1507 |
| Total Investments in Securities (Cost $5,257,758) |  | 5113880 |
| **INVESTMENTS IN AFFILIATES 6.9%**  |  |  |
| **SHORT-TERM INSTRUMENTS 6.9%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 6.9%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 38848515 | 378268 |
| Total Short-Term Instruments (Cost $378,140) |  | 378268 |
| Total Investments in Affiliates (Cost $378,140) |  | 378268 |
| Total Investments 100.6% (Cost $5,635,898) |  | $5492148 |
| **Financial Derivative Instruments (h) (0.0)**%(Cost or Premiums, net $0) |  | (42) |
| Other Assets and Liabilities, net (0.6)% |  | (34709) |
| Net Assets 100.0% |  | $5457397 |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(g)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Bluehouse Commons Apartments | Bluehouse Commons Apartments | 4.120 | 12/01/2042 | 01/09/2025 | 01/09/2025 | 11152 | $ | 11476 | 11476 | 0.21 |
| City of Salinas | City of Salinas | 4.020 | 09/01/2033 | 07/26/2023 | 07/26/2023 | 6863 |  | 6651 | 6651 | 0.12 |
| Freddie Mac | Freddie Mac | 4.300 | 05/25/2041 | 03/06/2025 | 03/06/2025 | 5833 |  | 5642 | 5642 | 0.10 |
| Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2022 | Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2022 | 2.875 | 07/25/2036 | 11/17/2022 | 11/17/2022 | 2070 |  | 2157 | 2157 | 0.04 |
| Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2024 | Freddie Mac Multifamily ML Certificates, Revenue Bonds, Series 2024 | 4.615 | 08/25/2041 | 03/19/2024 | 03/19/2024 | 20357 |  | 20764 | 20764 | 0.38 |
| Gladieux Metals Recycling | Gladieux Metals Recycling | 15.000 | 05/06/2026 | 05/06/2025 - 07/01/2025 | 05/06/2025 - 07/01/2025 | 2051 |  | 2038 | 2038 | 0.04 |
| Groves Seniors Apartments | Groves Seniors Apartments | 4.000 | 07/01/2038 | 01/09/2025 | 01/09/2025 | 1185 |  | 1231 | 1231 | 0.02 |
| Groves Seniors Apartments | Groves Seniors Apartments | 4.170 | 06/01/2041 | 01/09/2025 | 01/09/2025 | 6937 |  | 7162 | 7162 | 0.13 |
| Mangini Place Apartments | Mangini Place Apartments | 3.910 | 11/01/2042 | 01/09/2025 | 01/09/2025 | 16121 |  | 16600 | 16600 | 0.30 |
| Northlake Senior Apartments | Northlake Senior Apartments | 3.990 | 10/01/2041 | 01/09/2025 | 01/09/2025 | 17327 |  | 17881 | 17881 | 0.33 |
| Pine Grove Powers Avenue | Pine Grove Powers Avenue | 5.000 | 10/01/2042 | 01/09/2025 | 01/09/2025 | 16788 |  | 17280 | 17280 | 0.32 |
| Valencia Garden | Valencia Garden | 4.020 | 11/01/2041 | 01/09/2025 | 01/09/2025 | 10258 |  | 10582 | 10582 | 0.20 |
|  |  |  |  |  | $ | $ | $ | 119464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19%  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19%  |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| U.S. Treasury 10-Year Note September Futures  | 09/2025 | 135 | $(15137) | (15137) | (215) | $ | $0 | 0 | $ | $(42) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(215)** | **$** | **0** | **$** | **$** | **(42)** |
| **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,899 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Loan Participations and Assignments | $0 | 0 | $0 | 0 | $99282 | 99282 | $99282 | 99282 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | 0 | 0 | 0 | 0 | 17573 | 17573 | 17573 | 17573 |
| Industrials | 0 | 0 | 33906 | 33906 | 0 | 0 | 33906 | 33906 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Alabama | 0 | 0 | 224245 | 224245 | 0 | 0 | 224245 | 224245 |
| Alaska | 0 | 0 | 9026 | 9026 | 0 | 0 | 9026 | 9026 |
| Arizona | 0 | 0 | 35941 | 35941 | 0 | 0 | 35941 | 35941 |
| Arkansas | 0 | 0 | 18980 | 18980 | 0 | 0 | 18980 | 18980 |
| California | 0 | 0 | 457702 | 457702 | 0 | 0 | 457702 | 457702 |
| Colorado | 0 | 0 | 233280 | 233280 | 0 | 0 | 233280 | 233280 |
| Delaware | 0 | 0 | 37714 | 37714 | 0 | 0 | 37714 | 37714 |
| District of Columbia | 0 | 0 | 93001 | 93001 | 0 | 0 | 93001 | 93001 |
| Florida | 0 | 0 | 342113 | 342113 | 0 | 0 | 342113 | 342113 |
| Georgia | 0 | 0 | 115528 | 115528 | 0 | 0 | 115528 | 115528 |
| Guam | 0 | 0 | 1450 | 1450 | 0 | 0 | 1450 | 1450 |
| Hawaii | 0 | 0 | 17672 | 17672 | 0 | 0 | 17672 | 17672 |
| Idaho | 0 | 0 | 23262 | 23262 | 0 | 0 | 23262 | 23262 |
| Illinois | 0 | 0 | 198143 | 198143 | 0 | 0 | 198143 | 198143 |
| Indiana | 0 | 0 | 100100 | 100100 | 0 | 0 | 100100 | 100100 |
| Iowa | 0 | 0 | 22728 | 22728 | 0 | 0 | 22728 | 22728 |
| Kansas | 0 | 0 | 10865 | 10865 | 0 | 0 | 10865 | 10865 |
| Kentucky | 0 | 0 | 15615 | 15615 | 0 | 0 | 15615 | 15615 |
| Louisiana | 0 | 0 | 37144 | 37144 | 0 | 0 | 37144 | 37144 |
| Maine | 0 | 0 | 2925 | 2925 | 0 | 0 | 2925 | 2925 |
| Maryland | 0 | 0 | 15752 | 15752 | 0 | 0 | 15752 | 15752 |
| Massachusetts | 0 | 0 | 108836 | 108836 | 0 | 0 | 108836 | 108836 |
| Michigan | 0 | 0 | 98902 | 98902 | 0 | 0 | 98902 | 98902 |
| Minnesota | 0 | 0 | 15221 | 15221 | 0 | 0 | 15221 | 15221 |
| Mississippi | 0 | 0 | 718 | 718 | 0 | 0 | 718 | 718 |
| Missouri | 0 | 0 | 10818 | 10818 | 0 | 0 | 10818 | 10818 |
| Montana | 0 | 0 | 124 | 124 | 0 | 0 | 124 | 124 |
| Multi-State | 0 | 0 | 119426 | 119426 | 0 | 0 | 119426 | 119426 |
| Nebraska | 0 | 0 | 10671 | 10671 | 0 | 0 | 10671 | 10671 |
| Nevada | 0 | 0 | 9287 | 9287 | 0 | 0 | 9287 | 9287 |
| New Hampshire | 0 | 0 | 52273 | 52273 | 0 | 0 | 52273 | 52273 |
| New Jersey | 0 | 0 | 58939 | 58939 | 0 | 0 | 58939 | 58939 |
| New York | 0 | 0 | 444333 | 444333 | 0 | 0 | 444333 | 444333 |
| North Carolina | 0 | 0 | 8059 | 8059 | 0 | 0 | 8059 | 8059 |
| Ohio | 0 | 0 | 151356 | 151356 | 0 | 0 | 151356 | 151356 |
| Oklahoma | 0 | 0 | 34346 | 34346 | 0 | 0 | 34346 | 34346 |
| Oregon | 0 | 0 | 14305 | 14305 | 0 | 0 | 14305 | 14305 |
| Pennsylvania | 0 | 0 | 188985 | 188985 | 0 | 0 | 188985 | 188985 |
| Puerto Rico | 0 | 0 | 363711 | 363711 | 0 | 0 | 363711 | 363711 |
| Rhode Island | 0 | 0 | 26554 | 26554 | 0 | 0 | 26554 | 26554 |
| South Carolina | 0 | 0 | 51556 | 51556 | 0 | 0 | 51556 | 51556 |
| Tennessee | 0 | 0 | 62088 | 62088 | 0 | 0 | 62088 | 62088 |
| Texas | 0 | 0 | 501011 | 501011 | 0 | 0 | 501011 | 501011 |
| Utah | 0 | 0 | 39641 | 39641 | 0 | 0 | 39641 | 39641 |
| Vermont | 0 | 0 | 1973 | 1973 | 0 | 0 | 1973 | 1973 |
| Virginia | 0 | 0 | 74440 | 74440 | 0 | 0 | 74440 | 74440 |
| Washington | 0 | 0 | 64166 | 64166 | 0 | 0 | 64166 | 64166 |
| West Virginia | 0 | 0 | 52171 | 52171 | 0 | 0 | 52171 | 52171 |
| Wisconsin | 0 | 0 | 127712 | 127712 | 0 | 0 | 127712 | 127712 |
| U.S. Government Agencies | 0 | 0 | 200904 | 200904 | 55900 | 55900 | 256804 | 256804 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | 0 | 0 | 1507 | 1507 | 0 | 0 | 1507 | 1507 |
|  | $0 | 0 | $4941125 | 4941125 | $172755 | 172755 | $5113880 | 5113880 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $378268 | 378268 | $0 | 0 | $0 | 0 | $378268 | 378268 |
| Total Investments | $378268 | 378268 | $4941125 | 4941125 | $172755 | 172755 | $5492148 | 5492148 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | $0 | 0 | $(42) | (42) | $0 | 0 | $(42) | (42) |
| Total Financial Derivative Instruments | $0 | 0 | $(42) | (42) | $0 | 0 | $(42) | (42) |
| Totals | $378268 | 378268 | $4941083 | 4941083 | $172755 | 172755 | $5492106 | 5492106 |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |

---

------

<br> Schedule of Investments PIMCO High Yield Municipal Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Loan Participations and Assignments | $98439 | 98439 | 2039 | $ | $(376) | $207 | $50 | $(1077) | $0 | 0 | 99282 | $ | (1064) |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Banking & Finance |  | 18237 | 0 |  | 0 | 2 | 0 | (666) | 0 | 0 | 17573 |  | (666) |
| U.S. Government Agencies | 0 | 0 | 55900 |  | 0 | 0 | 0 | 0 | 0 | 0 | 55900 |  | 0 |
| Totals | $116676 | 116676 | 57939 | $ | $(376) | $209 | $50 | $(1743) | $0 | 0 | 172755 | $ | (1730) |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $97244 | 97244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.970 - 5.370  | 4.970 - 5.370  | 5.267 | 5.267 |
|  |  |  | 2038 | 2038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 96.000  | 96.000  |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | 17573 | 17573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 7.920 - 20.912  | 7.920 - 20.912  | 18.111 | 18.111 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 55900 | 55900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000  | 100.000  |  |  |
| Total | Total | Total | $172755 | 172755 |  |  |  |  |  |  |  |  |  |
| Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 96.5% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 6.6%**  |  |  |
| **Altice France SA**<br>9.756% (TSFR3M + 5.500%) due 08/15/2028 ~ | $695 | $631 |
| **American Airlines, Inc.**<br>6.519% - 6.522% (TSFR3M + 2.250%) due 04/20/2028 ~ | 260 | 259 |
| **Aspire Bakeries Holdings LLC**<br>8.572% (TSFR1M + 4.250%) due 12/23/2030 ~ | 497 | 500 |
| **Athenahealth Group, Inc.**<br>7.077% (TSFR1M + 2.750%) due 02/15/2029 ~ | 297 | 297 |
| **Barnes Group, Inc.**<br>7.327% (TSFR1M + 3.000%) due 01/27/2032 ~ | 499 | 500 |
| **Camelot U.S. Acquisition LLC**<br>TBD% due 01/31/2031 | 400 | 401 |
| **Clearwater Analytics LLC**<br>6.529% (TSFR3M + 2.250%) due 04/21/2032 ~ | 800 | 801 |
| **Clover Holdings 2 LLC**  |  |  |
| TBD% due 12/10/2029 µ | 198 | 198 |
| 8.307% (TSFR3M + 4.000%) due 12/09/2031 ~ | 1400 | 1404 |
| **Cotiviti Corp.**  |  |  |
| 7.074% (TSFR1M + 2.750%) due 05/01/2031 ~ | 891 | 888 |
| 7.074% (TSFR1M + 2.750%) due 03/26/2032 ~ | 300 | 299 |
| **Endure Digital, Inc.**<br>7.927% (TSFR1M + 3.500%) due 02/10/2028 «~ | 497 | 383 |
| **Envision Healthcare Corp.**  |  |  |
| 11.110% (TSFR3M + 6.750%) due 07/20/2026 « | 102 | 102 |
| 12.235% (TSFR3M + 7.875%) due 11/03/2028 « | 414 | 427 |
| **Fortress Intermediate, Inc.**<br>7.827% (TSFR1M + 3.500%) due 06/27/2031 ~ | 893 | 897 |
| **Foundation Building Materials Holding Co. LLC**<br>TBD% - 7.807% (TSFR3M + 3.250%) due 01/31/2028 ~ | 50 | 49 |
| **Frontier Communications Corp.**<br>6.792% (TSFR6M + 2.500%) due 07/01/2031 ~ | 299 | 299 |
| **GBT U.S. LLC**<br>6.783% (TSFR3M + 2.500%) due 07/28/2031 ~ | 398 | 399 |
| **GFL Environmental, Inc.**<br>6.824% (TSFR3M + 2.500%) due 03/03/2032 ~ | 925 | 927 |
| **Global Medical Response, Inc. (9.079% Cash and 0.750% PIK)**<br>9.829% due 10/31/2028 (b) | 92 | 92 |
| **Golden State Foods LLC**<br>8.561% (TSFR1M + 4.250%) due 12/04/2031 ~ | 471 | 474 |
| **INEOS Quattro Holdings U.K. Ltd.**<br>8.677% (TSFR1M + 4.250%) due 04/02/2029 ~ | 199 | 186 |
| **Kaseya, Inc.**<br>7.577% (TSFR1M + 3.250%) due 03/20/2032 ~ | 798 | 802 |
| **Kronos Acquisition Holdings, Inc.**<br>8.296% (TSFR3M + 4.000%) due 07/08/2031 ~ | 149 | 134 |
| **Level 3 Financing, Inc.**<br>8.577% (TSFR1M + 4.250%) due 03/27/2032 ~ | 650 | 658 |
| **LifePoint Health, Inc.**<br>8.006% (TSFR3M + 3.750%) due 05/19/2031 ~ | 297 | 294 |
| **MH Sub LLC**<br>8.577% (TSFR1M + 4.250%) due 12/31/2031 ~ | 995 | 867 |
| **Modena Buyer LLC**<br>8.780% (TSFR3M + 4.500%) due 07/01/2031 ~ | 205 | 198 |
| **MPH Acquisition Holdings LLC**<br>8.030% (TSFR3M + 3.750%) due 12/31/2030 ~ | 45 | 44 |
| **Neptune Bidco U.S., Inc.**<br>9.330% (TSFR3M + 5.000%) due 04/11/2029 ~ | 652 | 618 |
| **OCS Group Holdings Ltd.**<br>9.961% due 11/28/2031 | 1000 | 1370 |
| **Primo Brands Corp.**<br>6.546% (TSFR3M + 2.250%) due 03/31/2028 ~ | $494 | 496 |
| **QualityTech LP**<br>7.813% (TSFR1M + 3.500%) due 10/30/2031 ~ | 1000 | 1005 |
| **RealPage, Inc.**<br>8.046% (TSFR3M + 3.750%) due 04/24/2028 ~ | 499 | 500 |
| **Rockpoint Gas Storage Partners LP**<br>7.296% (TSFR3M + 3.000%) due 09/18/2031 | 396 | 398 |
| **Scientific Games Holdings LP**<br>7.285% (TSFR3M + 3.000%) due 04/04/2029 ~ | 496 | 496 |
| **Softbank Vision Fund**<br>6.000% due 12/23/2025 « | 816 | 816 |
| **Specialty Building Products Holdings LLC**<br>8.177% (TSFR1M + 3.750%) due 10/15/2028 ~ | 548 | 525 |

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------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Stepstone** **Group MidCo 2 GmbH**<br>6.673% (EUR006M + 4.500%) due 04/26/2032 ~ | 525 | 608 |
| **Subcalidora 2**<br>7.730% (EUR003M + 5.750%) due 08/14/2029 «~ | 1000 | 1184 |
| **TK Elevator Midco GmbH**<br>7.237% due 04/30/2030 ~ | $450 | 452 |
| **TransDigm, Inc.**<br>6.796% (TSFR3M + 2.500%) due 02/28/2031 ~ | 941 | 943 |
| **Transnet SOC Ltd.**<br>11.558% (JIBA3M + 4.000%) due 03/02/2028 «~ | 16286 | 912 |
| **Trident TPI Holdings, Inc.**<br>8.046% (TSFR3M + 3.750%) due 09/15/2028 ~ | $199 | 196 |
| **Twitter, Inc.**<br>10.927% (TSFR1M + 6.500%) due 10/26/2029 ~ | 995 | 973 |
| **U.S. Renal Care, Inc.**<br>9.441% (TSFR1M + 5.000%) due 06/20/2028 ~ | 794 | 754 |
| **UKG, Inc.**<br>7.311% (TSFR1M + 3.000%) due 02/10/2031 ~ | 347 | 348 |
| **VEON Amsterdam BV**<br>8.531% - 10.750% (TSFR3M + 3.250%) due 03/25/2027 «~ | 900 | 900 |
| **Verisure Holding AB**<br>4.980% (EUR003M + 3.000%) due 03/27/2028 ~ | 1600 | 1888 |
| **Veritiv Corp.**<br>8.296% (TSFR3M + 4.000%) due 11/30/2030 ~ | $522 | 525 |
| **Vista Management Holding, Inc.**<br>8.048% (TSFR3M + 3.750%) due 04/01/2031 ~ | 450 | 452 |
| **Vistra Zero Operating Co. LLC**<br>6.327% (TSFR1M + 2.000%) due 04/30/2031 ~ | 448 | 443 |
| Total Loan Participations and Assignments (Cost $29,571) |  | 30212 |
| **CORPORATE BONDS & NOTES 78.7%**  |  |  |
| **BANKING & FINANCE 13.0%**  |  |  |
| **Acrisure LLC** <br>6.750% due 07/01/2032 | 875 | 888 |
| **Alliant Holdings Intermediate LLC**  |  |  |
| 7.000% due 01/15/2031  | 1850 | 1915 |
| 7.375% due 10/01/2032  | 350 | 361 |
| **Allied Universal Holdco LLC**  |  |  |
| 3.625% due 06/01/2028  | 600 | 692 |
| 4.625% due 06/01/2028  | $1100 | 1068 |
| 6.000% due 06/01/2029  | 100 | 97 |
| **Ally Financial, Inc.** <br>8.000% due 11/01/2031 | 100 | 114 |
| **Armor Holdco, Inc.** <br>8.500% due 11/15/2029 | 600 | 576 |
| **Atrium Finance PLC** <br>2.625% due 09/05/2027 | 375 | 407 |
| **Banca Monte dei Paschi di Siena SpA**  |  |  |
| 7.708% due 01/18/2028 •  | 750 | 969 |
| 10.500% due 07/23/2029  | 200 | 295 |
| **Barclays PLC** <br>9.625% due 12/15/2029 •(g)(h) | $700 | 779 |
| **Boost Newco Borrower LLC** <br>7.500% due 01/15/2031 | 1300 | 1381 |
| **Brandywine Operating Partnership LP** <br>8.875% due 04/12/2029 | 200 | 217 |
| **Brookfield Property REIT, Inc.** <br>5.750% due 05/15/2026 | 261 | 260 |
| **Burford Capital Global Finance LLC** <br>6.875% due 04/15/2030 | 1100 | 1100 |
| **Cantor Fitzgerald LP** <br>7.200% due 12/12/2028 | 300 | 319 |
| **Castellum AB** <br>3.125% due 12/02/2026 •(g) | 1100 | 1270 |
| **Clue Opco LLC** <br>9.500% due 10/15/2031 | $150 | 159 |
| **Credit Acceptance Corp.**  |  |  |
| 6.625% due 03/15/2030  | 900 | 913 |
| 9.250% due 12/15/2028  | 400 | 424 |
| **CTR Partnership LP** <br>3.875% due 06/30/2028 | 200 | 191 |
| **Encore Capital Group, Inc.**  |  |  |
| 8.500% due 05/15/2030  | 1200 | 1288 |
| 9.250% due 04/01/2029  | 500 | 532 |
| **Essendi SA**  |  |  |
| 5.375% due 05/15/2030  | 300 | 361 |
| 5.500% due 11/15/2031  | 400 | 480 |
| 6.375% due 10/15/2029  | 100 | 124 |
| **Ford Motor Credit Co. LLC** <br>5.918% due 03/20/2028 | $1175 | 1187 |
| **Fortress Transportation & Infrastructure Investors LLC**  |  |  |
| 5.500% due 05/01/2028  | 1450 | 1443 |
| 5.875% due 04/15/2033  | 400 | 395 |
| 7.000% due 05/01/2031  | 350 | 363 |

---

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<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Freedom** **Mortgage Corp.** <br>6.625% due 01/15/2027 | 600 | 602 |
| **Freedom Mortgage Holdings LLC**  |  |  |
| 8.375% due 04/01/2032  | 750 | 759 |
| 9.125% due 05/15/2031  | 900 | 929 |
| **GGAM Finance Ltd.** <br>8.000% due 02/15/2027 | 300 | 310 |
| **Greengrove RE Ltd.** <br>12.044% due 04/08/2032 ~ | 250 | 250 |
| **Greystar Real Estate Partners LLC** <br>7.750% due 09/01/2030 | 300 | 319 |
| **HAT Holdings LLC**  |  |  |
| 3.750% due 09/15/2030  | 400 | 367 |
| 8.000% due 06/15/2027  | 156 | 163 |
| **Hudson Pacific Properties LP** <br>3.950% due 11/01/2027 | 325 | 312 |
| **Icahn Enterprises LP**  |  |  |
| 5.250% due 05/15/2027  | 300 | 291 |
| 9.000% due 06/15/2030  | 300 | 281 |
| **Intesa Sanpaolo SpA**  |  |  |
| 4.198% due 06/01/2032 •  | 900 | 828 |
| 4.950% due 06/01/2042 •  | 800 | 647 |
| 7.700% due 09/17/2025 •(g)(h)  | 400 | 402 |
| **Jane Street Group**  |  |  |
| 6.750% due 05/01/2033  | 1000 | 1029 |
| 7.125% due 04/30/2031  | 1500 | 1579 |
| **Jefferson Capital Holdings LLC** <br>8.250% due 05/15/2030 | 500 | 518 |
| **Ladder Capital Finance Holdings LLLP** <br>4.750% due 06/15/2029 | 600 | 585 |
| **LFS Topco LLC** <br>5.875% due 10/15/2026 | 900 | 901 |
| **Liberty Mutual Group, Inc.** <br>4.300% due 02/01/2061 | 375 | 227 |
| **Midcap Financial Issuer Trust** <br>6.500% due 05/01/2028 | 125 | 124 |
| **MPT Operating Partnership LP** <br>8.500% due 02/15/2032 | 375 | 393 |
| **Nationstar Mortgage Holdings, Inc.**  |  |  |
| 5.125% due 12/15/2030  | 500 | 509 |
| 6.500% due 08/01/2029  | 400 | 409 |
| 7.125% due 02/01/2032  | 100 | 104 |
| **Nature Coast Re Ltd.** <br>14.044% due 04/10/2033 ~ | 250 | 251 |
| **Navient Corp.** <br>9.375% due 07/25/2030 | 300 | 331 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 650 | 688 |
| **Nissan Motor Acceptance Co. LLC** <br>2.750% due 03/09/2028 | 625 | 571 |
| **OneMain Finance Corp.**  |  |  |
| 3.875% due 09/15/2028  | 500 | 480 |
| 4.000% due 09/15/2030  | 500 | 462 |
| 5.375% due 11/15/2029  | 750 | 738 |
| 7.500% due 05/15/2031  | 475 | 497 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (f) | 800 | 569 |
| **Panther Escrow Issuer LLC** <br>7.125% due 06/01/2031 | 1400 | 1455 |
| **Park Intermediate Holdings LLC** <br>4.875% due 05/15/2029 | 500 | 485 |
| **Paysafe Finance PLC** <br>3.000% due 06/15/2029 | 400 | 441 |
| **Pebblebrook Hotel LP** <br>6.375% due 10/15/2029 | $875 | 880 |
| **PennyMac Financial Services, Inc.**  |  |  |
| 5.750% due 09/15/2031  | 300 | 294 |
| 6.875% due 05/15/2032  | 700 | 716 |
| 7.875% due 12/15/2029  | 600 | 638 |
| **PRA Group, Inc.**  |  |  |
| 5.000% due 10/01/2029  | 400 | 369 |
| 8.875% due 01/31/2030  | 400 | 413 |
| **Rfna LP** <br>7.875% due 02/15/2030 | 800 | 819 |
| **RHP Hotel Properties LP** <br>4.500% due 02/15/2029 | 1100 | 1076 |
| **RLJ Lodging Trust LP** <br>4.000% due 09/15/2029 | 825 | 770 |
| **Rocket Cos., Inc.** <br>6.125% due 08/01/2030 | 1700 | 1733 |
| **Samhallsbyggnadsbolaget Norden Holding AB**  |  |  |
| 1.125% due 09/26/2029  | 350 | 318 |
| 2.375% due 08/04/2026  | 250 | 282 |
| **SBA Communications Corp.** <br>3.125% due 02/01/2029 | $600 | 567 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Service** **Properties Trust** <br>8.375% due 06/15/2029 | 350 | 364 |
| **SLM Corp.**  |  |  |
| 3.125% due 11/02/2026  | 1050 | 1030 |
| 6.500% due 01/31/2030  | 975 | 1024 |
| **Starwood Property Trust, Inc.**  |  |  |
| 6.500% due 07/01/2030  | 375 | 388 |
| 6.500% due 10/15/2030  | 600 | 621 |
| 7.250% due 04/01/2029  | 325 | 342 |
| **Stonex Escrow Issuer LLC** <br>6.875% due 07/15/2032 (a) | 350 | 354 |
| **Sunrise FinCo BV** <br>4.875% due 07/15/2031 | 600 | 568 |
| **Titanium 2l Bondco SARL** <br>6.250% due 01/14/2031 | 971 | 337 |
| **UBS Group AG** <br>9.250% due 11/13/2028 •(g)(h) | $100 | 109 |
| **UniCredit SpA** <br>5.459% due 06/30/2035 •  | 1875 | 1865 |
| **USI, Inc.** <br>7.500% due 01/15/2032 | 600 | 634 |
| **VFH Parent LLC** <br>7.500% due 06/15/2031 | 280 | 294 |
| **Winston RE Ltd.** <br>10.808% due 02/21/2028 ~ | 250 | 254 |
| **XHR LP** <br>6.625% due 05/15/2030 | 300 | 306 |
| **ZF Finance GmbH** <br>2.750% due 05/25/2027 | 1400 | 1583 |
|  |  | 59322 |
| **INDUSTRIALS 62.5%**  |  |  |
| **Acadia Healthcare Co., Inc.** <br>7.375% due 03/15/2033 | $500 | 516 |
| **ADT Security Corp.** <br>4.875% due 07/15/2032 | 400 | 384 |
| **Advance Auto Parts, Inc.** <br>1.750% due 10/01/2027 | 500 | 467 |
| **Advantage Sales & Marketing, Inc.** <br>6.500% due 11/15/2028 | 50 | 39 |
| **Ahead DB Holdings LLC** <br>6.625% due 05/01/2028 | 750 | 753 |
| **Air Canada** <br>3.875% due 08/15/2026 | 800 | 792 |
| **Albertsons Cos., Inc.** <br>3.500% due 03/15/2029 | 1025 | 972 |
| **Albion Financing SARL** <br>7.000% due 05/21/2030 | 1825 | 1867 |
| **Alcoa Nederland Holding BV** <br>7.125% due 03/15/2031 | 300 | 315 |
| **Allison Transmission, Inc.** <br>3.750% due 01/30/2031 | 475 | 436 |
| **Allwyn Entertainment Financing U.K. PLC** <br>7.875% due 04/30/2029 | 500 | 522 |
| **Altice Financing SA**  |  |  |
| 3.000% due 01/15/2028  | 100 | 87 |
| 5.750% due 08/15/2029  | $750 | 548 |
| **Altice France Holding SA**  |  |  |
| 6.000% due 02/15/2028  | 1000 | 355 |
| 10.500% due 05/15/2027  | 1400 | 488 |
| **Altice France SA**  |  |  |
| 4.000% due 07/15/2029  | 350 | 347 |
| 5.125% due 01/15/2029  | $500 | 413 |
| 5.125% due 07/15/2029  | 1550 | 1283 |
| 5.500% due 01/15/2028  | 800 | 674 |
| 8.125% due 02/01/2027  | 1050 | 946 |
| **AMC Networks, Inc.** <br>4.250% due 02/15/2029 | 360 | 289 |
| **Amentum Holdings, Inc.** <br>7.250% due 08/01/2032 | 900 | 927 |
| **Amer Sports Co.** <br>6.750% due 02/16/2031 | 875 | 912 |
| **American Airlines, Inc.**  |  |  |
| 5.500% due 04/20/2026  | 567 | 566 |
| 5.750% due 04/20/2029  | 800 | 800 |
| **American Builders & Contractors Supply Co., Inc.**  |  |  |
| 3.875% due 11/15/2029  | 700 | 663 |
| 4.000% due 01/15/2028  | 700 | 685 |
| **ams-OSRAM AG**  |  |  |
| 10.500% due 03/30/2029  | 200 | 247 |
| 12.250% due 03/30/2029  | $325 | 347 |
| **Apache Corp.** <br>4.875% due 11/15/2027 | 1000 | 995 |
| **ARD Finance SA (5.000% Cash or 5.750% PIK)** <br>5.000% due 06/30/2027 (b) | 317 | 16 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Ardagh** **Metal Packaging Finance USA LLC** <br>2.000% due 09/01/2028 | 800 | 895 |
| **Ardagh Packaging Finance PLC** <br>2.125% due 08/15/2026 | 400 | 452 |
| **Aris Water Holdings LLC** <br>7.250% due 04/01/2030 | $800 | 826 |
| **Asbury Automotive Group, Inc.** <br>5.000% due 02/15/2032 | 500 | 476 |
| **Ascent Resources Utica Holdings LLC**  |  |  |
| 5.875% due 06/30/2029  | 400 | 401 |
| 6.625% due 10/15/2032  | 400 | 407 |
| 6.625% due 07/15/2033  | 700 | 711 |
| **Ashland Services BV** <br>2.000% due 01/30/2028 | 1000 | 1140 |
| **Aston Martin Capital Holdings Ltd.**  |  |  |
| 10.000% due 03/31/2029  | $600 | 569 |
| 10.375% due 03/31/2029  | 300 | 385 |
| **AthenaHealth Group, Inc.** <br>6.500% due 02/15/2030 | $1000 | 985 |
| **Avis Budget Finance PLC** <br>7.000% due 02/28/2029 | 200 | 240 |
| **Axalta Coating Systems LLC** <br>3.375% due 02/15/2029 | $1225 | 1161 |
| **Axon Enterprise, Inc.** <br>6.125% due 03/15/2030 | 1125 | 1160 |
| **B&G Foods, Inc.** <br>8.000% due 09/15/2028 | 800 | 771 |
| **Ball Corp.** <br>2.875% due 08/15/2030 | 1975 | 1782 |
| **Bausch & Lomb Corp.** <br>8.375% due 10/01/2028 | 700 | 731 |
| **Bausch Health Cos., Inc.**  |  |  |
| 4.875% due 06/01/2028  | 75 | 63 |
| 5.000% due 01/30/2028  | 300 | 247 |
| 11.000% due 09/30/2028  | 289 | 286 |
| **Bayer AG**  |  |  |
| 5.375% due 03/25/2082 •  | 600 | 712 |
| 7.000% due 09/25/2083 •  | 100 | 127 |
| **BC Ltd.** <br>10.000% due 04/15/2032 | $1700 | 1716 |
| **BC ULC**  |  |  |
| 3.875% due 01/15/2028  | 1000 | 975 |
| 4.000% due 10/15/2030  | 4425 | 4128 |
| **BCP V Modular Services Finance PLC** <br>6.750% due 11/30/2029 | 925 | 976 |
| **Beacon Mobility Corp.** <br>7.250% due 08/01/2030 (a) | $700 | 715 |
| **Belron U.K. Finance PLC** <br>4.625% due 10/15/2029 | 50 | 60 |
| **Block, Inc.**  |  |  |
| 3.500% due 06/01/2031  | $2150 | 1974 |
| 6.500% due 05/15/2032  | 1000 | 1032 |
| **Boise Cascade Co.** <br>4.875% due 07/01/2030 | 725 | 706 |
| **Boparan Finance PLC** <br>9.375% due 11/07/2029 | 850 | 1212 |
| **Builders FirstSource, Inc.**  |  |  |
| 4.250% due 02/01/2032  | $1100 | 1020 |
| 5.000% due 03/01/2030  | 1075 | 1056 |
| **BWX Technologies, Inc.** <br>4.125% due 06/30/2028 | 475 | 464 |
| **CAB SELAS** <br>3.375% due 02/01/2028 | 500 | 561 |
| **Cablevision Lightpath LLC** <br>5.625% due 09/15/2028 | $175 | 169 |
| **CACI International, Inc.** <br>6.375% due 06/15/2033 | 500 | 517 |
| **Camelot Finance SA** <br>4.500% due 11/01/2026 | 243 | 239 |
| **Carnival Corp.**  |  |  |
| 4.000% due 08/01/2028  | 1400 | 1371 |
| 5.750% due 03/15/2030  | 700 | 712 |
| **Carnival PLC** <br>1.000% due 10/28/2029 | 1000 | 1064 |
| **Carvana Co. (11.000% Cash or 13.000% PIK)** <br>11.000% due 06/01/2030 (b) | $345 | 363 |
| **Carvana Co. (14.000% PIK)** <br>14.000% due 06/01/2031 (b) | 440 | 506 |
| **Carvana Co. (9.000% Cash or 12.000% PIK)** <br>9.000% due 12/01/2028 (b) | 195 | 200 |
| **CB High Ridge** <br>8.875% due 03/15/2049 ^«(c) | 1750 | 29 |
| **CCO Holdings LLC**  |  |  |
| 4.500% due 08/15/2030  | 2350 | 2242 |
| 4.500% due 05/01/2032  | 725 | 676 |
| 4.500% due 06/01/2033  | 500 | 457 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.125% due 05/01/2027  | 2000 | 1995 |
| 5.375% due 06/01/2029  | 400 | 399 |
| **Celanese U.S. Holdings LLC** <br>6.500% due 04/15/2030 | 700 | 717 |
| **Central Parent LLC** <br>8.000% due 06/15/2029 | 400 | 331 |
| **Cerdia Finanz GmbH** <br>9.375% due 10/03/2031 | 1300 | 1351 |
| **Cerved Group SpA** <br>6.000% due 02/15/2029 | 1175 | 1344 |
| **Cheplapharm Arzneimittel GmbH** <br>4.375% due 01/15/2028 | 900 | 1050 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | $1100 | 1124 |
| **Churchill Downs, Inc.** <br>5.750% due 04/01/2030 | 650 | 653 |
| **Cidron Aida Finco SARL** <br>7.000% due 10/27/2031 | 400 | 483 |
| **Cirsa Finance International SARL**  |  |  |
| 4.500% due 03/15/2027  | 225 | 266 |
| 6.686% due 07/31/2028 ~  | 163 | 193 |
| **Citgo Petroleum Corp.** <br>8.375% due 01/15/2029 | $400 | 417 |
| **Civitas Resources, Inc.** <br>8.375% due 07/01/2028 | 375 | 384 |
| **Clarivate Science Holdings Corp.**  |  |  |
| 3.875% due 07/01/2028  | 500 | 480 |
| 4.875% due 07/01/2029  | 325 | 306 |
| **Clear Channel Outdoor Holdings, Inc.** <br>7.750% due 04/15/2028 | 300 | 284 |
| **Cloud Software Group, Inc.**  |  |  |
| 6.500% due 03/31/2029  | 650 | 656 |
| 8.250% due 06/30/2032  | 400 | 426 |
| 9.000% due 09/30/2029  | 700 | 726 |
| **Clydesdale Acquisition Holdings, Inc.**  |  |  |
| 6.625% due 04/15/2029  | 300 | 305 |
| 6.750% due 04/15/2032  | 500 | 513 |
| 6.875% due 01/15/2030  | 300 | 307 |
| 8.750% due 04/15/2030  | 850 | 870 |
| **CMA CGM SA**  |  |  |
| 5.000% due 01/15/2031  | 750 | 884 |
| 5.500% due 07/15/2029  | 450 | 548 |
| **Cogent Communications Group LLC**  |  |  |
| 6.500% due 07/01/2032  | $1000 | 986 |
| 7.000% due 06/15/2027  | 300 | 301 |
| **CommScope LLC** <br>4.750% due 09/01/2029 | 200 | 195 |
| **CommScope Technologies LLC** <br>5.000% due 03/15/2027 | 175 | 171 |
| **Community Health Systems, Inc.**  |  |  |
| 4.750% due 02/15/2031  | 1275 | 1091 |
| 5.625% due 03/15/2027  | 500 | 493 |
| 6.000% due 01/15/2029  | 500 | 481 |
| 6.875% due 04/15/2029  | 450 | 359 |
| 10.875% due 01/15/2032  | 200 | 212 |
| **Consolidated Communications, Inc.** <br>5.000% due 10/01/2028 | 225 | 228 |
| **CoreWeave, Inc.** <br>9.250% due 06/01/2030 | 500 | 512 |
| **CQP Holdco LP** <br>5.500% due 06/15/2031 | 1400 | 1384 |
| **Crescent Energy Finance LLC**  |  |  |
| 7.375% due 01/15/2033  | 500 | 478 |
| 7.625% due 04/01/2032  | 900 | 880 |
| **Crocs, Inc.** <br>4.125% due 08/15/2031 | 250 | 225 |
| **Crowdstrike Holdings, Inc.** <br>3.000% due 02/15/2029 | 225 | 213 |
| **CSC Holdings LLC**  |  |  |
| 5.750% due 01/15/2030  | 900 | 446 |
| 7.500% due 04/01/2028  | 400 | 297 |
| 11.250% due 05/15/2028  | 100 | 100 |
| 11.750% due 01/31/2029  | 1575 | 1499 |
| **Ctec GmbH** <br>5.250% due 02/15/2030 | 425 | 428 |
| **Czechoslovak Group AS** <br>6.500% due 01/10/2031 (a) | $700 | 707 |
| **DaVita, Inc.** <br>4.625% due 06/01/2030 | 400 | 384 |
| **Dcli Bidco LLC** <br>7.750% due 11/15/2029 | 775 | 786 |
| **Deuce Finco PLC** <br>5.500% due 06/15/2027 | 600 | 818 |
| **Diamond Foreign Asset Co.** <br>8.500% due 10/01/2030 | $1300 | 1355 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **DirecTV** **Financing LLC**  |  |  |
| 5.875% due 08/15/2027  | 900 | 898 |
| 10.000% due 02/15/2031  | 400 | 389 |
| **DISH DBS Corp.**  |  |  |
| 5.125% due 06/01/2029  | 100 | 67 |
| 7.375% due 07/01/2028  | 200 | 145 |
| 7.750% due 07/01/2026  | 400 | 356 |
| **Diversified Gas & Oil Corp.** <br>9.750% due 04/09/2029 | 250 | 246 |
| **Dye & Durham Ltd.** <br>8.625% due 04/15/2029 | 500 | 524 |
| **EchoStar Corp.** <br>10.750% due 11/30/2029 | 1550 | 1598 |
| **Efesto Bidco SpA Efesto U.S. LLC** <br>7.500% due 02/15/2032 | 1200 | 1216 |
| **Elanco Animal Health, Inc.** <br>6.650% due 08/28/2028 | 725 | 756 |
| **Ellucian Holdings, Inc.** <br>6.500% due 12/01/2029 | 400 | 410 |
| **ELO SACA**  |  |  |
| 3.250% due 07/23/2027  | 500 | 569 |
| 4.875% due 12/08/2028  | 1200 | 1284 |
| **Embecta Corp.** <br>5.000% due 02/15/2030 | $450 | 407 |
| **Energizer Gamma Acquisition BV** <br>3.500% due 06/30/2029 | 650 | 733 |
| **Ephios Subco 3 SARL** <br>7.875% due 01/31/2031 | 700 | 891 |
| **Eramet SA**  |  |  |
| 6.500% due 11/30/2029  | 200 | 235 |
| 7.000% due 05/22/2028  | 300 | 360 |
| **Fertitta Entertainment LLC** <br>6.750% due 01/15/2030 | $750 | 693 |
| **Fiesta Purchaser, Inc.** <br>9.625% due 09/15/2032 | 100 | 106 |
| **First Student Bidco, Inc.** <br>4.000% due 07/31/2029 | 1050 | 988 |
| **Flora Food Management BV** <br>6.875% due 07/02/2029 | 1300 | 1557 |
| **FMG Resources Pty. Ltd.** <br>4.375% due 04/01/2031 | $950 | 888 |
| **Frontier Communications Holdings LLC**  |  |  |
| 5.875% due 10/15/2027  | 400 | 400 |
| 6.750% due 05/01/2029  | 300 | 304 |
| **Gap, Inc.** <br>3.625% due 10/01/2029 | 200 | 186 |
| **Garda World Security Corp.**  |  |  |
| 4.625% due 02/15/2027  | 650 | 646 |
| 6.000% due 06/01/2029  | 825 | 806 |
| **Global Medical Response, Inc.** <br>9.500% due 10/31/2028 | 734 | 737 |
| **Global Partners LP** <br>8.250% due 01/15/2032 | 350 | 368 |
| **goeasy Ltd.**  |  |  |
| 7.375% due 10/01/2030  | 425 | 435 |
| 7.625% due 07/01/2029  | 300 | 309 |
| 9.250% due 12/01/2028  | 1000 | 1059 |
| **Graham Packaging Co., Inc.** <br>7.125% due 08/15/2028 | 800 | 799 |
| **Gray Media, Inc.**  |  |  |
| 5.375% due 11/15/2031  | 575 | 432 |
| 10.500% due 07/15/2029  | 300 | 323 |
| **Griffon Corp.** <br>5.750% due 03/01/2028 | 200 | 200 |
| **Grifols SA**  |  |  |
| 2.250% due 11/15/2027  | 100 | 115 |
| 3.875% due 10/15/2028  | 700 | 791 |
| **Grupo Antolin-Irausa SA**  |  |  |
| 3.500% due 04/30/2028  | 400 | 313 |
| 10.375% due 01/30/2030  | 600 | 503 |
| **GYP Holdings Corp.** <br>4.625% due 05/01/2029 | $1150 | 1153 |
| **HealthEquity, Inc.** <br>4.500% due 10/01/2029 | 1075 | 1047 |
| **Heathrow Finance PLC**  |  |  |
| 3.875% due 03/01/2027  | 500 | 666 |
| 4.125% due 09/01/2029  | 200 | 253 |
| **Hilton Domestic Operating Co., Inc.**  |  |  |
| 3.625% due 02/15/2032  | $800 | 725 |
| 3.750% due 05/01/2029  | 525 | 504 |
| **Hilton Grand Vacations Borrower LLC** <br>5.000% due 06/01/2029 | 500 | 481 |
| **Hologic, Inc.** <br>3.250% due 02/15/2029 | 1477 | 1409 |
| **Howard Midstream Energy Partners LLC**  |  |  |
| 7.375% due 07/15/2032  | 225 | 237 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 8.875% due 07/15/2028  | 550 | 578 |
| **Husky Injection Molding Systems Ltd.** <br>9.000% due 02/15/2029 | 300 | 314 |
| **IGT Lottery Holdings BV** <br>4.250% due 03/15/2030 | 700 | 842 |
| **IHO Verwaltungs GmbH (6.750% Cash or 7.500% PIK)** <br>6.750% due 11/15/2029 (b) | 1900 | 2344 |
| **Illuminate Buyer LLC** <br>9.000% due 07/01/2028 | $400 | 402 |
| **IMA Industria Macchine Automatiche SpA** <br>3.750% due 01/15/2028 | 300 | 351 |
| **Imola Merger Corp.** <br>4.750% due 05/15/2029 | $800 | 773 |
| **Incora Intermediate LLC** <br>0.000% due 01/31/2030 | 221 | 221 |
| **Incora Top Holdco LLC** <br>6.000% due 01/30/2033 «(j) | 159 | 221 |
| **INEOS Finance PLC** <br>5.625% due 08/15/2030 | 725 | 832 |
| **Ingevity Corp.** <br>3.875% due 11/01/2028 | $1325 | 1265 |
| **Installed Building Products, Inc.** <br>5.750% due 02/01/2028 | 800 | 801 |
| **Intelligent Packaging Ltd. Finco, Inc.** <br>6.000% due 09/15/2028 | 1350 | 1350 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 | 834 | 853 |
| **IPD 3 BV** <br>5.350% due 06/15/2031 •  | 400 | 472 |
| **IQVIA, Inc.** <br>2.250% due 01/15/2028 | 1500 | 1723 |
| **Italmatch Chemicals SpA** <br>10.000% due 02/06/2028 | 500 | 620 |
| **Jazz Securities DAC** <br>4.375% due 01/15/2029 | $300 | 290 |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 | 1675 | 1631 |
| **KBR, Inc.** <br>4.750% due 09/30/2028 | 800 | 770 |
| **Kinetik Holdings LP** <br>6.625% due 12/15/2028 | 650 | 665 |
| **Kodiak Gas Services LLC** <br>7.250% due 02/15/2029 | 575 | 595 |
| **Kraken Oil & Gas Partners LLC** <br>7.625% due 08/15/2029 | 1325 | 1303 |
| **Kronos International, Inc.**  |  |  |
| 3.750% due 09/15/2025  | 197 | 232 |
| 9.500% due 03/15/2029  | 417 | 531 |
| **Lamar Media Corp.** <br>4.000% due 02/15/2030 | $400 | 382 |
| **Level 3 Financing, Inc.**  |  |  |
| 4.000% due 04/15/2031  | 475 | 408 |
| 11.000% due 11/15/2029  | 752 | 864 |
| **LifePoint Health, Inc.**  |  |  |
| 5.375% due 01/15/2029  | 200 | 187 |
| 10.000% due 06/01/2032  | 700 | 723 |
| 11.000% due 10/15/2030  | 450 | 497 |
| **Lion** <br>5.564% due 07/01/2029 ~ | 600 | 711 |
| **Lithia Motors, Inc.** <br>4.375% due 01/15/2031 | $475 | 452 |
| **Live Nation Entertainment, Inc.** <br>3.750% due 01/15/2028 | 1700 | 1649 |
| **Loarre Investments SARL** <br>6.500% due 05/15/2029 | 1350 | 1643 |
| **Lottomatica Group SpA** <br>4.875% due 01/31/2031 | 300 | 363 |
| **Madison IAQ LLC** <br>5.875% due 06/30/2029 | $200 | 197 |
| **Mahle GmbH** <br>2.375% due 05/14/2028 | 700 | 785 |
| **MajorDrive Holdings LLC** <br>6.375% due 06/01/2029 | $75 | 59 |
| **Manuchar Group SARL**  |  |  |
| 6.941% due 07/07/2032 •(a)  | 1300 | 1501 |
| 7.250% due 06/30/2027  | 1100 | 1321 |
| **Market Bidco Finco PLC** <br>4.750% due 11/04/2027 | 975 | 1146 |
| **Marriott Ownership Resorts, Inc.** <br>4.500% due 06/15/2029 | $175 | 168 |
| **Matador Resources Co.**  |  |  |
| 6.250% due 04/15/2033  | 400 | 398 |
| 6.500% due 04/15/2032  | 400 | 400 |
| **Mauser Packaging Solutions Holding Co.** <br>7.875% due 04/15/2027 | 700 | 712 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **McGraw** **-Hill Education, Inc.** <br>7.375% due 09/01/2031 | 600 | 626 |
| **Medline Borrower LP**  |  |  |
| 3.875% due 04/01/2029  | 1500 | 1440 |
| 6.250% due 04/01/2029  | 400 | 411 |
| **MEG Energy Corp.** <br>5.875% due 02/01/2029 | 425 | 425 |
| **Melco Resorts Finance Ltd.** <br>7.625% due 04/17/2032 | 325 | 329 |
| **Merlin Entertainments Group U.S. Holdings, Inc.** <br>7.375% due 02/15/2031 | 675 | 604 |
| **MGM Resorts International** <br>4.625% due 09/01/2026 | 500 | 500 |
| **Midwest Gaming Borrower LLC** <br>4.875% due 05/01/2029 | 500 | 482 |
| **Miller Homes Group Finco PLC** <br>7.000% due 05/15/2029 | 625 | 865 |
| **Mineral Resources Ltd.** <br>9.250% due 10/01/2028 | $400 | 410 |
| **Miter Brands Acquisition Holdco, Inc.** <br>6.750% due 04/01/2032 | 250 | 257 |
| **Molina Healthcare, Inc.** <br>3.875% due 11/15/2030 | 1175 | 1094 |
| **Monitchem HoldCo 3 SA** <br>8.750% due 05/01/2028 | 900 | 1077 |
| **Motion Finco SARL** <br>8.375% due 02/15/2032 | $400 | 367 |
| **MPH Acquisition Holdings LLC** <br>5.750% due 12/31/2030 | 135 | 111 |
| **MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK)** <br>11.500% due 12/31/2030 (b) | 70 | 70 |
| **Mundys SpA**  |  |  |
| 1.875% due 07/13/2027  | 1000 | 1159 |
| 1.875% due 02/12/2028  | 200 | 228 |
| **Murphy Oil USA, Inc.** <br>3.750% due 02/15/2031 | $400 | 369 |
| **MV24 Capital BV** <br>6.748% due 06/01/2034 | 366 | 355 |
| **NCR Atleos Corp.** <br>9.500% due 04/01/2029 | 250 | 274 |
| **NCR Voyix Corp.**  |  |  |
| 5.125% due 04/15/2029  | 775 | 764 |
| 5.250% due 10/01/2030  | 200 | 193 |
| **Newell Brands, Inc.** <br>8.500% due 06/01/2028 | 550 | 579 |
| **Newfold Digital Holdings Group, Inc.**  |  |  |
| 6.000% due 02/15/2029 «  | 750 | 439 |
| 11.750% due 10/15/2028 «  | 400 | 302 |
| **Nexstar Media, Inc.** <br>5.625% due 07/15/2027 | 425 | 424 |
| **Nidda Healthcare Holding GmbH** <br>5.625% due 02/21/2030 | 800 | 963 |
| **Nissan Motor Co. Ltd.** <br>4.345% due 09/17/2027 | $1050 | 1009 |
| **Noble Finance LLC** <br>8.000% due 04/15/2030 | 1800 | 1834 |
| **Nordstrom, Inc.** <br>5.000% due 01/15/2044 | 300 | 209 |
| **Northriver Midstream Finance LP** <br>6.750% due 07/15/2032 | 600 | 622 |
| **Novelis Corp.**  |  |  |
| 3.250% due 11/15/2026  | 450 | 443 |
| 6.875% due 01/30/2030  | 925 | 957 |
| **NuStar Logistics LP** <br>6.375% due 10/01/2030 | 500 | 518 |
| **Ocado Group PLC** <br>10.500% due 08/08/2029 | 300 | 402 |
| **Odido Group Holding BV** <br>5.500% due 01/15/2030 | 200 | 236 |
| **Olympus Water U.S. Holding Corp.**  |  |  |
| 4.250% due 10/01/2028  | $1250 | 1190 |
| 5.375% due 10/01/2029  | 500 | 543 |
| 7.250% due 06/15/2031  | $500 | 510 |
| **Ontex Group NV** <br>3.500% due 07/15/2026 | 850 | 1002 |
| **Opal Bidco SAS** <br>5.500% due 03/31/2032 | 1200 | 1445 |
| **Organon & Co.**  |  |  |
| 2.875% due 04/30/2028  | 1450 | 1669 |
| 4.125% due 04/30/2028  | $800 | 770 |
| **Paramount Global** <br>4.950% due 01/15/2031 | 400 | 389 |
| **Performance Food Group, Inc.** <br>4.250% due 08/01/2029 | 1225 | 1182 |
| **Permian Resources Operating LLC**  |  |  |
| 5.375% due 01/15/2026  | 1250 | 1252 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.250% due 02/01/2033  | 200 | 202 |
| **Perrigo Finance Unlimited Co.** <br>4.900% due 12/15/2044 | 400 | 313 |
| **PetSmart, Inc.**  |  |  |
| 4.750% due 02/15/2028  | 475 | 464 |
| 7.750% due 02/15/2029  | 450 | 438 |
| **Picard Groupe SAS** <br>6.375% due 07/01/2029 | 400 | 492 |
| **Pinnacle Bidco PLC** <br>8.250% due 10/11/2028 | 1600 | 1981 |
| **Post Holdings, Inc.**  |  |  |
| 4.625% due 04/15/2030  | $1000 | 962 |
| 6.250% due 10/15/2034  | 600 | 605 |
| **Prime Healthcare Services, Inc.** <br>9.375% due 09/01/2029 | 825 | 819 |
| **Prime Security Services Borrower LLC** <br>3.375% due 08/31/2027 | 1800 | 1745 |
| **Primo Water Holdings, Inc.**  |  |  |
| 4.375% due 04/30/2029  | 625 | 607 |
| 6.250% due 04/01/2029  | 500 | 504 |
| **Q-Park Holding BV** <br>2.000% due 03/01/2027 | 1000 | 1157 |
| **Quikrete Holdings, Inc.**  |  |  |
| 6.375% due 03/01/2032  | $1225 | 1260 |
| 6.750% due 03/01/2033  | 1100 | 1136 |
| **QXO Building Products, Inc.** <br>6.750% due 04/30/2032 | 1400 | 1446 |
| **Raising Cane's Restaurants LLC** <br>9.375% due 05/01/2029 | 1000 | 1057 |
| **Rakuten Group, Inc.** <br>9.750% due 04/15/2029 | 325 | 357 |
| **Rand Parent LLC** <br>8.500% due 02/15/2030 | 900 | 904 |
| **Raven Acquisition Holdings LLC** <br>6.875% due 11/15/2031 | 1575 | 1579 |
| **ROBLOX Corp.** <br>3.875% due 05/01/2030 | 200 | 189 |
| **Rockies Express Pipeline LLC** <br>4.800% due 05/15/2030 | 800 | 776 |
| **Rossini SARL** <br>6.750% due 12/31/2029 | 100 | 125 |
| **Royal Caribbean Cruises Ltd.**  |  |  |
| 5.500% due 04/01/2028  | $450 | 456 |
| 5.625% due 09/30/2031  | 600 | 604 |
| **Sable International Finance Ltd.** <br>7.125% due 10/15/2032 | 400 | 401 |
| **SCIL LLC** <br>9.500% due 07/15/2028 | 300 | 373 |
| **Scripps Escrow, Inc.** <br>5.875% due 07/15/2027 | $500 | 445 |
| **Seadrill Finance Ltd.** <br>8.375% due 08/01/2030 | 800 | 815 |
| **Seagate Data Storage Technology Pte Ltd.**  |  |  |
| 4.125% due 01/15/2031  | 553 | 509 |
| 5.750% due 12/01/2034  | 1100 | 1090 |
| **Seagate HDD Cayman**  |  |  |
| 9.625% due 12/01/2032  | 358 | 403 |
| **Sensata Technologies BV** <br>4.000% due 04/15/2029 | 700 | 666 |
| **Service Corp. International** <br>3.375% due 08/15/2030 | 1000 | 920 |
| **Shift4 Payments LLC** <br>6.750% due 08/15/2032 | 1000 | 1039 |
| **Sigma Holdco BV** <br>7.875% due 05/15/2026 | 200 | 200 |
| **Simmons Foods, Inc.** <br>4.625% due 03/01/2029 | 1150 | 1087 |
| **Sinclair Television Group, Inc.** <br>8.125% due 02/15/2033 | 375 | 379 |
| **Sirius XM Radio LLC**  |  |  |
| 3.875% due 09/01/2031  | 400 | 356 |
| 4.000% due 07/15/2028  | 750 | 721 |
| **Sitio Royalties Operating Partnership LP** <br>7.875% due 11/01/2028 | 500 | 524 |
| **SM Energy Co.** <br>6.750% due 08/01/2029 | 450 | 449 |
| **Snap, Inc.** <br>6.875% due 03/01/2033 | 1225 | 1258 |
| **SoftBank Group Corp.** <br>5.000% due 04/15/2028 | 925 | 1111 |
| **Sotera Health Holdings LLC** <br>7.375% due 06/01/2031 | $725 | 755 |
| **Spirit AeroSystems, Inc.**  |  |  |
| 4.600% due 06/15/2028  | 500 | 492 |
| 9.375% due 11/30/2029  | 400 | 425 |
| 9.750% due 11/15/2030  | 525 | 580 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Spirit** **Loyalty Cayman Ltd. (11.000% Cash or 4.000% PIK and 8.000% Cash)** <br>11.000% due 03/12/2030 (b) | 347 | 236 |
| **Stagwell Global LLC** <br>5.625% due 08/15/2029 | 800 | 766 |
| **Standard Industries, Inc.**  |  |  |
| 2.250% due 11/21/2026  | 500 | 584 |
| 3.375% due 01/15/2031  | $1000 | 898 |
| 5.000% due 02/15/2027  | 900 | 899 |
| **Staples, Inc.**  |  |  |
| 10.750% due 09/01/2029  | 300 | 285 |
| 12.750% due 01/15/2030  | 300 | 200 |
| **Star Parent, Inc.** <br>9.000% due 10/01/2030 | 450 | 474 |
| **Station Casinos LLC**  |  |  |
| 4.500% due 02/15/2028  | 425 | 417 |
| 4.625% due 12/01/2031  | 675 | 633 |
| **Stonepeak Nile Parent LLC** <br>7.250% due 03/15/2032 | 1325 | 1405 |
| **Surgery Center Holdings, Inc.** <br>7.250% due 04/15/2032 | 600 | 612 |
| **TeamSystem SpA**  |  |  |
| 5.000% due 07/01/2031 (a)  | 200 | 236 |
| 5.779% due 07/31/2031 •  | 400 | 473 |
| **TEGNA, Inc.** <br>5.000% due 09/15/2029 | $800 | 765 |
| **Tenet Healthcare Corp.**  |  |  |
| 4.250% due 06/01/2029  | 700 | 679 |
| 6.875% due 11/15/2031  | 325 | 350 |
| **Teva Pharmaceutical Finance Netherlands BV** <br>6.000% due 12/01/2032 | 425 | 434 |
| **TGNR Intermediate Holdings LLC** <br>5.500% due 10/15/2029 | 25 | 24 |
| **TGS ASA** <br>8.500% due 01/15/2030 | 700 | 725 |
| **Tidewater, Inc.** <br>9.125% due 07/15/2030 (a) | 550 | 566 |
| **TK Elevator Holdco GmbH** <br>6.625% due 07/15/2028 | 180 | 213 |
| **TK Elevator Midco GmbH** <br>4.375% due 07/15/2027 | 541 | 638 |
| **Topaz Solar Farms LLC** <br>5.750% due 09/30/2039 | $276 | 271 |
| **TopBuild Corp.** <br>3.625% due 03/15/2029 | 1525 | 1444 |
| **Toucan FinCo Ltd.** <br>9.500% due 05/15/2030 | 800 | 818 |
| **TransDigm, Inc.**  |  |  |
| 6.000% due 01/15/2033  | 400 | 402 |
| 6.875% due 12/15/2030  | 625 | 649 |
| **Transocean Aquila Ltd.** <br>8.000% due 09/30/2028 | 408 | 412 |
| **Transocean Titan Financing Ltd.** <br>8.375% due 02/01/2028 | 452 | 460 |
| **Transocean, Inc.** <br>8.750% due 02/15/2030 | 400 | 412 |
| **Travel & Leisure Co.** <br>6.625% due 07/31/2026 | 475 | 481 |
| **TreeHouse Foods, Inc.** <br>4.000% due 09/01/2028 | 125 | 114 |
| **Trivium Packaging Finance BV** <br>8.250% due 07/15/2030 | 1250 | 1323 |
| **Twilio, Inc.**  |  |  |
| 3.625% due 03/15/2029  | 475 | 453 |
| 3.875% due 03/15/2031  | 300 | 281 |
| **U.S. Acute Care Solutions LLC** <br>9.750% due 05/15/2029 | 125 | 129 |
| **U.S. Foods, Inc.** <br>4.625% due 06/01/2030 | 275 | 268 |
| **U.S. Renal Care, Inc.** <br>10.625% due 06/28/2028 | 210 | 180 |
| **UKG, Inc.** <br>6.875% due 02/01/2031 | 1275 | 1324 |
| **Unisys Corp.** <br>10.625% due 01/15/2031 | 500 | 515 |
| **United Airlines, Inc.** <br>4.625% due 04/15/2029 | 900 | 874 |
| **United Rentals North America, Inc.** <br>3.750% due 01/15/2032 | 750 | 689 |
| **Univision Communications, Inc.**  |  |  |
| 4.500% due 05/01/2029  | 1550 | 1411 |
| 8.500% due 07/31/2031  | 825 | 827 |
| **USA Compression Partners LP** <br>7.125% due 03/15/2029 | 350 | 359 |
| **Valaris Ltd.** <br>8.375% due 04/30/2030 | 2150 | 2208 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Vallourec** **SACA** <br>7.500% due 04/15/2032 | 600 | 630 |
| **Valvoline, Inc.** <br>3.625% due 06/15/2031 | 675 | 612 |
| **Var Energi ASA** <br>7.862% due 11/15/2083 •  | 300 | 389 |
| **Venture Global Calcasieu Pass LLC**  |  |  |
| 3.875% due 08/15/2029  | $300 | 283 |
| 3.875% due 11/01/2033  | 1850 | 1619 |
| 4.125% due 08/15/2031  | 800 | 741 |
| **Venture Global LNG, Inc.**  |  |  |
| 7.000% due 01/15/2030  | 2475 | 2504 |
| 8.125% due 06/01/2028  | 900 | 931 |
| **Venture Global Plaquemines LNG LLC**  |  |  |
| 6.500% due 01/15/2034 (a)  | 900 | 900 |
| 7.500% due 05/01/2033  | 525 | 563 |
| **Vertiv Group Corp.** <br>4.125% due 11/15/2028 | 1800 | 1757 |
| **Verve Group SE** <br>5.939% due 04/01/2029 •  | 675 | 790 |
| **VF Corp.** <br>4.250% due 03/07/2029 | 700 | 792 |
| **Viavi Solutions, Inc.** <br>3.750% due 10/01/2029 | $275 | 257 |
| **Victoria's Secret & Co.** <br>4.625% due 07/15/2029 | 100 | 93 |
| **Viking Cruises Ltd.** <br>5.875% due 09/15/2027 | 400 | 400 |
| **Viper Energy, Inc.** <br>5.375% due 11/01/2027 | 350 | 351 |
| **Virgin Media Secured Finance PLC**  |  |  |
| 4.125% due 08/15/2030  | 575 | 714 |
| 4.250% due 01/15/2030  | 1250 | 1574 |
| **Virgin Media Vendor Financing Notes DAC** <br>4.875% due 07/15/2028 | 500 | 655 |
| **Viridien** <br>8.500% due 10/15/2030 | 600 | 703 |
| **VistaJet Malta Finance PLC** <br>6.375% due 02/01/2030 | $450 | 422 |
| **Vital Energy, Inc.** <br>7.875% due 04/15/2032 | 250 | 214 |
| **Vmed O2 U.K. Financing PLC**  |  |  |
| 4.500% due 07/15/2031  | 1400 | 1727 |
| 4.750% due 07/15/2031  | $1100 | 1018 |
| **VOC Escrow Ltd.** <br>5.000% due 02/15/2028 | 700 | 697 |
| **VZ Secured Financing BV**  |  |  |
| 3.500% due 01/15/2032  | 700 | 759 |
| 5.000% due 01/15/2032  | $675 | 601 |
| **Walgreens Boots Alliance, Inc.**  |  |  |
| 2.125% due 11/20/2026  | 800 | 930 |
| 4.800% due 11/18/2044  | $300 | 287 |
| 8.125% due 08/15/2029  | 800 | 849 |
| **Wand NewCo 3, Inc.** <br>7.625% due 01/30/2032 | 250 | 263 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 4.279% due 03/15/2032  | 700 | 592 |
| 5.050% due 03/15/2042  | 325 | 221 |
| **Waste Pro USA, Inc.** <br>7.000% due 02/01/2033 | 600 | 624 |
| **Wayfair LLC**  |  |  |
| 7.250% due 10/31/2029  | 500 | 501 |
| 7.750% due 09/15/2030  | 700 | 706 |
| **WEPA Hygieneprodukte GmbH** <br>2.875% due 12/15/2027 | 500 | 582 |
| **Western Digital Corp.** <br>3.100% due 02/01/2032 | $950 | 841 |
| **WEX, Inc.** <br>6.500% due 03/15/2033 | 350 | 353 |
| **Whirlpool Corp.** <br>6.125% due 06/15/2030 | 300 | 303 |
| **Windstream Services LLC** <br>8.250% due 10/01/2031 | 550 | 576 |
| **WR Grace Holdings LLC** <br>5.625% due 08/15/2029 | 200 | 181 |
| **Wynn Las Vegas LLC** <br>5.250% due 05/15/2027 | 1000 | 1001 |
| **Wynn Resorts Finance LLC**  |  |  |
| 5.125% due 10/01/2029  | 600 | 596 |
| 7.125% due 02/15/2031  | 300 | 320 |
| **Yinson Boronia Production BV** <br>8.947% due 07/31/2042 | 619 | 660 |
| **Yum! Brands, Inc.**  |  |  |
| 5.375% due 04/01/2032  | 325 | 326 |
| 6.875% due 11/15/2037  | 350 | 377 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Zayo** **Group Holdings, Inc.** <br>4.000% due 03/01/2027 | 250 | 235 |
| **ZF Finance GmbH** <br>3.750% due 09/21/2028 | 300 | 330 |
| **ZF North America Capital, Inc.** <br>6.875% due 04/14/2028 | $350 | 351 |
| **Ziggo BV** <br>4.875% due 01/15/2030 | 300 | 281 |
| **ZipRecruiter, Inc.** <br>5.000% due 01/15/2030 | 600 | 513 |
|  |  | 286207 |
| **UTILITIES 3.2%**  |  |  |
| **Aethon United BR LP** <br>7.500% due 10/01/2029 | 575 | 604 |
| **Calpine Corp.** <br>3.750% due 03/01/2031 | 400 | 380 |
| **Clearway Energy Operating LLC** <br>3.750% due 02/15/2031 | 1300 | 1195 |
| **ContourGlobal Power Holdings SA**  |  |  |
| 5.000% due 02/28/2030  | 700 | 833 |
| 6.750% due 02/28/2030  | $525 | 542 |
| **Cullinan Holdco Scsp** <br>4.625% due 10/15/2026 | 200 | 204 |
| **Electricite de France SA**  |  |  |
| 5.000% due 01/22/2026 •(g)  | 1700 | 2020 |
| 7.500% due 09/06/2028 •(g)  | 600 | 779 |
| 9.125% due 03/15/2033 •(g)  | $500 | 565 |
| **FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple** <br>7.250% due 01/31/2041 | 199 | 202 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 900 | 856 |
| **Genesis Energy LP** <br>7.875% due 05/15/2032 | 1000 | 1041 |
| **Hilcorp Energy LP** <br>6.875% due 05/15/2034 | 375 | 360 |
| **Southern California Edison Co.** <br>5.200% due 06/01/2034 | 500 | 485 |
| **Telecom Italia SpA** <br>7.875% due 07/31/2028 | 100 | 132 |
| **Telefonica Europe BV** <br>6.135% due 02/03/2030 •(g) | 400 | 505 |
| **TerraForm Power Operating LLC** <br>5.000% due 01/31/2028 | $300 | 297 |
| **TransAlta Corp.** <br>6.500% due 03/15/2040 | 100 | 97 |
| **Vistra Operations Co. LLC** <br>4.375% due 05/01/2029 | 950 | 927 |
| **Vodafone Group PLC**  |  |  |
| 5.125% due 06/04/2081 •  | 500 | 379 |
| 7.000% due 04/04/2079 •  | 950 | 993 |
| **Yinson Production Financial Services Pte. Ltd.** <br>9.625% due 05/03/2029 | 1200 | 1247 |
|  |  | 14643 |
| Total Corporate Bonds & Notes (Cost $350,677) |  | 360172 |
| **CONVERTIBLE BONDS & NOTES 0.2%**  |  |  |
| **INDUSTRIALS 0.2%**  |  |  |
| **ams-OSRAM AG** <br>2.125% due 11/03/2027 | 900 | 1001 |
| Total Convertible Bonds & Notes (Cost $840) |  | 1001 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **ARIZONA 0.1%**  |  |  |
| **Maricopa County, Arizona Industrial Development Authority Revenue Notes, Series 2024** <br>7.375% due 10/01/2029 | $400 | 414 |
| Total Municipal Bonds & Notes (Cost $400) |  | 414 |
| **U.S. TREASURY OBLIGATIONS 4.0%**  |  |  |
| **U.S. Treasury Notes**  |  |  |
| 4.000% due 03/31/2030 | 3375 | 3407 |
| 4.500% due 12/31/2031 (l)(n) | 5000 | 5157 |
| 4.625% due 02/15/2035 | 9700 | 10011 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total U.S. Treasury Obligations (Cost $18,279) |  | 18575 |
| **SOVEREIGN ISSUES 5.9%**  |  |  |
| **Canada Government Bond** <br>3.500% due 09/01/2029 | 3900 | 2944 |
| **Republic of Germany**  |  |  |
| 2.100% due 04/12/2029  | 11250 | 13280 |
| 2.500% due 02/15/2035  | 4700 | 5492 |
| 2.600% due 08/15/2034  | 925 | 1094 |
| **Turkiye Government International Bond** <br>47.469% due 09/06/2028 ~ | 13000 | 314 |
| **United Kingdom Gilt** <br>4.250% due 07/31/2034 | 2800 | 3793 |
| Total Sovereign Issues (Cost $25,080) |  | 26917 |
|  | SHARES |  |
| **COMMON STOCKS 0.5%**  |  |  |
| **COMMUNICATION SERVICES 0.0%**  |  |  |
| **Clear Channel Outdoor Holdings, Inc. (d)** | 51501 | 60 |
| **CONSUMER DISCRETIONARY 0.0%**  |  |  |
| **Desarrolladora Homex SAB de CV (d)** | 294527 | 0 |
| **ENERGY 0.0%**  |  |  |
| **New Fortress Energy, Inc. «(d)** | 12427 | 41 |
| **FINANCIALS 0.2%**  |  |  |
| **Intelsat Emergence SA «(j)** | 28420 | 980 |
| **HEALTH CARE 0.2%**  |  |  |
| **Amsurg Equity «(d)(j)** | 3438 | 155 |
| **Healogics, Inc. «(d)** | 44931 | 725 |
|  |  | 880 |
| **INDUSTRIALS 0.1%**  |  |  |
| **CHC Group LLC (d)** | 3887 | 0 |
| **Incora New Equity «(d)(j)** | 7427 | 251 |
| **Spirit Aviation Holdings, Inc. (d)** | 8196 | 41 |
|  |  | 292 |
| Total Common Stocks (Cost $8,290) |  | 2253 |
| **WARRANTS 0.0%**  |  |  |
| **CONSUMER STAPLES 0.0%**  |  |  |
| **Revlon Group Holdings LLC - Exp. 04/28/2028 «** | 3087 | 0 |
| **INDUSTRIALS 0.0%**  |  |  |
| **Spirit Aviation Holdings, Inc. - Exp. 12/31/2099 «** | 9316 | 46 |
| Total Warrants (Cost $315) |  | 46 |
| **PREFERRED SECURITIES 0.0%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **ADLER Group SA** « | 173624 | 0 |
| Total Preferred Securities (Cost $0) |  | 0 |
| **SHORT-TERM INSTRUMENTS 0.5%**  |  |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% **(i)** | 1298627 | 1299 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 0.2%**  |  |  |
| 4.315% due 08/19/2025 - 09/16/2025 (e)(f)(n) | $984 | 976 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $2,275) |  | 2275 |
| Total Investments in Securities (Cost $435,727) |  | 441865 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 2.6%**  |  |  |
| **SHORT-TERM INSTRUMENTS 2.6%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 2.6%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 1225159 | 11929 |
| Total Short-Term Instruments (Cost $11,928) |  | 11929 |
| Total Investments in Affiliates (Cost $11,928) |  | 11929 |
| Total Investments 99.1% (Cost $447,655) |  | $453794 |
| **Financial Derivative Instruments (k)(m) (0.8)**%(Cost or Premiums, net $4,793) |  | (3538) |
| Other Assets and Liabilities, net 1.7% |  | 7616 |
| Net Assets 100.0% |  | $457872 |

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<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(e)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(f)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(g)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(h)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(i)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(j)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Issuer Description |  | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Amsurg Equity | Amsurg Equity | Amsurg Equity | Amsurg Equity | Amsurg Equity |  | 11/02/2023 - 11/06/2023 | 11/02/2023 - 11/06/2023 | 144 | 144 | $ | 155 | 155 | 0.03 |
| Incora New Equity | Incora New Equity | Incora New Equity | Incora New Equity | Incora New Equity |  | 01/31/2025 | 01/31/2025 | 361 | 361 |  | 251 | 251 | 0.06 |
| Incora Top Holdco LLC 6.000% due 01/30/2033 | Incora Top Holdco LLC 6.000% due 01/30/2033 | Incora Top Holdco LLC 6.000% due 01/30/2033 | Incora Top Holdco LLC 6.000% due 01/30/2033 | Incora Top Holdco LLC 6.000% due 01/30/2033 |  | 01/31/2025 | 01/31/2025 | 159 | 159 |  | 221 | 221 | 0.05 |
| Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA | Intelsat Emergence SA |  | 09/11/2013 - 02/23/2024 | 09/11/2013 - 02/23/2024 | 2214 | 2214 |  | 980 | 980 | 0.21 |
|  |  |  |  |  |  |  | $ | 2878 | $ | $ | 1607 | 0.35%  | 0.35%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(750) at a weighted average interest rate of 4.379%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset |  | Liability |
| Bombardier, Inc.  | Bombardier, Inc.  | 5.000% | 12/20/2027 | 0.759 | $800 | (6) | 87 | 87 | 81 | 81 | $0 | $ | $0 |
| Calpine Corp.  | Calpine Corp.  | 5.000 | 12/20/2028 | 0.434 | 500 | 38 | 37 | 37 | 75 | 75 | 0 |  | 0 |
| Cellnex Telecom SA  | Cellnex Telecom SA  | 5.000 | 12/20/2030 | 0.893 | 1900 | 303 | 171 | 171 | 474 | 474 | 0 |  | 0 |
| Ford Motor Credit Co. LLC  | Ford Motor Credit Co. LLC  | 5.000 | 12/20/2027 | 1.274 | $500 | 50 | (6) | (6) | 44 | 44 | 0 |  | 0 |
| Ford Motor Credit Co. LLC  | Ford Motor Credit Co. LLC  | 5.000 | 06/20/2028 | 1.388 | 550 | 45 | 11 | 11 | 56 | 56 | 1 |  | 0 |
| Royal Caribbean Cruises Ltd.  | Royal Caribbean Cruises Ltd.  | 5.000 | 06/20/2028 | 0.620 | 300 | (7) | 45 | 45 | 38 | 38 | 0 |  | 0 |
| ZF Europe Finance BV  | ZF Europe Finance BV  | 5.000 | 12/20/2029 | 4.701 | 700 | 54 | (43) | (43) | 11 | 11 | 1 |  | 0 |

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<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ZF Europe Finance BV  | ZF Europe Finance BV  | ZF Europe Finance BV  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 4.921 | 4.921 | 4.921 |  | 375 | 2 |  | 0 | 2 | 1 | 1 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 479 | 479 | 302 | 781 | 3 | 3 | 3 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Asset | Asset |  | Liability |
| CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | 5.000% | 5.000% | 5.000% | 5.000% | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 12/20/2029 | $ | 23100 | 23100 | 1805 | $ | (75) | 1730 | 76 | 76 | $ | 0 |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000 | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 06/20/2030 |  | 35900 | 35900 | 1500 |  | 1256 | 2756 | 126 | 126 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3305 | $ | 1181 | 4486 | 202 | 202 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Asset | Liability |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | 3.500% | Annual | Annual | Annual | 03/19/2030 | 03/19/2030 | 1200 | 1200 | (30) | (30) | 15 | (15) | $0 | 0 | 0 | $0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | Annual | 06/18/2027 | 06/18/2027 | $5900 | 5900 | (52) | (52) | 22 | (30) | 3 | 3 | 3 | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | Annual | 06/18/2028 | 06/18/2028 | 12475 | 12475 | (78) | (78) | 21 | (57) | 10 | 10 | 10 | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | Annual | 06/18/2030 | 06/18/2030 | 9000 | 9000 | (181) | (181) | 106 | (75) | 14 | 14 | 14 | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | Annual | 06/18/2035 | 06/18/2035 | 8300 | 8300 | 437 | 437 | (126) | 311 | 0 | 0 | 0 | (33) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | 3.250 | 3.250 | Annual | Annual | Annual | 06/18/2055 | 06/18/2055 | 6550 | 6550 | 901 | 901 | (124) | 777 | 0 | 0 | 0 | (51) |
| Pay | Pay | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 4.000 | 4.000 | 4.000 | Semi-Annual | Semi-Annual | Semi-Annual | 06/18/2030 | 06/18/2030 | 7700 | 7700 | 40 | 40 | 52 | 92 | 0 | 0 | 0 | (4) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1037 | $ | (34) | 1003 | 27 | 27 | $ | (88) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **4821** | **$** | **1449** | **6270** | **232** | **232** | **$** | **(88)** |
| **(l)** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $760 and cash of $6,992 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | AUD | AUD | 132 | 132 | 132 | 132 | $86 | 86 | 86 | 0 | 0 | $(1) | (1) | (1) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | CNH | CNH | 2008 | 2008 | 2008 | 2008 | 279 | 279 | 279 | 0 | 0 | (2) | (2) | (2) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | EUR | EUR | 148 | 148 | 148 | 148 | 168 | 168 | 168 | 0 | 0 | (6) | (6) | (6) |
|  |  |  |  |  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | CNH | CNH | 2925 | 2925 | 2925 | 2925 | 407 | 407 | 407 | 0 | 0 | (3) | (3) | (3) |
|  |  |  |  |  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | $ | $ | $86 | 86 | 86 | 86 | 132 | 132 | 132 | 1 | 1 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | EUR | EUR | 75727 | 75727 | 75727 | 75727 | $86106 | 86106 | 86106 | 0 | 0 | (3097) | (3097) | (3097) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | KRW | KRW | 226462 | 226462 | 226462 | 226462 | 166 | 166 | 166 | 0 | 0 | (2) | (2) | (2) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | SGD | SGD | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 0 | 0 | 0 | 0 | 0 |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | $ | $ | $752 | 752 | 752 | 752 | 616 | 616 | 616 | 24 | 24 | 0 | 0 | 0 |
|  |  |  |  |  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | TWD | TWD | 41 | 41 | 41 | 41 | $1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
|  |  |  |  |  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | 08/2025  | $ | $ | $4 | 4 | 4 | 4 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | BRL | BRL | 10836 | 10836 | 10836 | 10836 | $1930 | 1930 | 1930 | 0 | 0 | (64) | (64) | (64) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | IDR | IDR | 14517146 | 14517146 | 14517146 | 14517146 | 890 | 890 | 890 | 0 | 0 | (5) | (5) | (5) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | INR | INR | 220454 | 220454 | 220454 | 220454 | 2570 | 2570 | 2570 | 0 | 0 | (1) | (1) | (1) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | JPY | JPY | 164300 | 164300 | 164300 | 164300 | 1138 | 1138 | 1138 | 0 | 0 | (3) | (3) | (3) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | THB | THB | 178 | 178 | 178 | 178 | 5 | 5 | 5 | 0 | 0 | 0 | 0 | 0 |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | TWD | TWD | 9254 | 9254 | 9254 | 9254 | 285 | 285 | 285 | 0 | 0 | (34) | (34) | (34) |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | $ | $ | $1986 | 1986 | 1986 | 1986 | 10836 | 10836 | 10836 | 9 | 9 | 0 | 0 | 0 |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  |  |  | 94 | 94 | 94 | 94 | 1539000 | 1539000 | 1539000 | 1 | 1 | 0 | 0 | 0 |
|  |  |  |  |  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  | 07/2025  |  |  | 1230 | 1230 | 1230 | 1230 | 1665153 | 1665153 | 1665153 | 1 | 1 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 430 | 14024 | 2 | 0 |
|  | 07/2025  | 2400 | 71342 | 53 | 0 |
|  | 08/2025  | 1538 | $215 | 0 | 0 |
|  | 08/2025  | 7902 | 242 | 0 | (32) |
|  | 08/2025  | $142 | 12375 | 2 | 0 |
|  | 08/2025  | 537 | 15470 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1928 | $2202 | 0 | (70) |
|  | 07/2025  | 383 | 110 | 0 | (4) |
|  | 07/2025  | 23340 | 17 | 0 | 0 |
|  | 07/2025  | 13291 | 327 | 0 | (4) |
|  | 07/2025  | $14486 | 10647 | 128 | 0 |
|  | 07/2025  | 55 | 184 | 0 | 0 |
|  | 07/2025  | 2 | 277 | 0 | 0 |
|  | 07/2025  | 60 | 224 | 2 | 0 |
|  | 07/2025  | 26 | 847 | 0 | 0 |
|  | 07/2025  | 85 | 3460 | 1 | 0 |
|  | 07/2025  | 10913 | $604 | 0 | (12) |
|  | 08/2025  | 10647 | 14488 | 0 | (128) |
|  | 08/2025  | $294 | 25239 | 0 | 0 |
|  | 08/2025  | 530 | 21922 | 6 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 1443 | $1668 | 0 | (32) |
|  | 07/2025  | 1275454 | 931 | 0 | (12) |
|  | 07/2025  | 9295 | 280 | 0 | (7) |
|  | 07/2025  | 15780 | 485 | 0 | (58) |
|  | 07/2025  | $1246 | 1912 | 13 | 0 |
|  | 07/2025  | 1800 | 2465 | 10 | 0 |
|  | 07/2025  | 1155 | 1008 | 33 | 0 |
|  | 07/2025  | 171 | 2785627 | 1 | 0 |
|  | 07/2025  | 132 | 3901 | 3 | 0 |
|  | 08/2025  | 639 | $89 | 0 | (1) |
|  | 08/2025  | 18102 | 555 | 0 | (74) |
|  | 08/2025  | $2582 | 18462 | 7 | 0 |
|  | 08/2025  | 1066 | 91884 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 186 | $54 | 0 | (2) |
|  | 07/2025  | 7 | 5 | 0 | 0 |
|  | 07/2025  | $89971 | 77555 | 1384 | 0 |
|  | 07/2025  | 45 | $3 | 0 | 0 |
|  | 08/2025  | 77385 | 89971 | 0 | (1383) |
|  | 08/2025  | $494 | 42639 | 2 | 0 |
|  | 09/2025  | 6680 | $347 | 0 | (6) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 1780 | 1148 | 0 | (23) |
|  | 07/2025  | 10953 | 2007 | 0 | (9) |
|  | 07/2025  | 616 | 755 | 0 | (22) |
|  | 07/2025  | 1022 | 142 | 0 | (1) |
|  | 07/2025  | 1400 | 380 | 0 | (9) |
|  | 07/2025  | 11 | 8 | 0 | 0 |
|  | 07/2025  | $1916 | 10953 | 100 | 0 |
|  | 07/2025  | 1063 | 152567 | 0 | (4) |
|  | 08/2025  | 856 | $120 | 0 | 0 |
|  | 08/2025  | $242 | 193 | 2 | 0 |
|  | 08/2025  | 236 | 20421 | 2 | 0 |
|  | 09/2025  | 369 | 7194 | 11 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 1415 | $44 | 0 | (5) |
|  | 07/2025  | $40 | 659491 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 117 | $21 | 0 | (1) |
|  | 07/2025  | 1936 | 268 | 0 | (3) |
|  | 07/2025  | 635 | 856 | 0 | (15) |
|  | 07/2025  | 1985111 | 122 | 0 | 0 |
|  | 07/2025  | 134935 | 99 | 0 | (1) |
|  | 07/2025  | 2525 | 683 | 0 | (17) |
|  | 07/2025  | 471 | 367 | 0 | (4) |
|  | 07/2025  | 9367 | 288 | 0 | (34) |
|  | 07/2025  | $21 | 117 | 0 | 0 |
|  | 07/2025  | 642 | 2412 | 27 | 0 |
|  | 07/2025  | 3094 | $173 | 0 | (1) |
|  | 08/2025  | 2701 | 375 | 0 | (3) |
|  | 08/2025  | 683 | 803 | 0 | (4) |
|  | 08/2025  | 10391 | 319 | 0 | (43) |
|  | 08/2025  | $159 | 13802 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 6354 | $4627 | 0 | (40) |
|  | 07/2025  | 928 | 129 | 0 | (1) |
|  | 07/2025  | 136 | 184 | 0 | (2) |
|  | 07/2025  | 1222 | 952 | 0 | (9) |
|  | 07/2025  | 4666 | 141 | 0 | (3) |
|  | 07/2025  | 4587 | 141 | 0 | (17) |
|  | 07/2025  | $2830 | 3891 | 27 | 0 |
|  | 07/2025  | 34 | 553758 | 0 | 0 |
|  | 07/2025  | 47 | 6692 | 0 | 0 |
|  | 07/2025  | 460 | 1724 | 18 | 0 |
|  | 07/2025  | 1356 | 1743 | 14 | 0 |
|  | 07/2025  | 126 | 4001 | 11 | 0 |
|  | 08/2025  | 3884 | $2830 | 0 | (27) |
|  | 08/2025  | 2377 | 331 | 0 | (3) |
|  | 08/2025  | 10851 | 337 | 0 | (41) |
|  | 08/2025  | $69 | 89 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 7 | $2 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  | 07/2025  | $ | $24 | 24 | 24 | 24 | JPY | 3446 | 3446 | 3446 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 08/2025  | CNH | 873 | 873 | 873 | 873 | $ | 122 | 122 | 122 |  | 0 | 0 | 0 |  |  | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | $ | $484 | 484 | 484 | 484 | IDR | 7893291 | 7893291 | 7893291 |  | 2 | 2 | 2 |  |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | ILS | 3 | 3 | 3 | 3 | $ | 1 | 1 | 1 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 07/2025  | SGD | 18 | 18 | 18 | 18 |  | 14 | 14 | 14 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 07/2025  | TWD | 592 | 592 | 592 | 592 |  | 20 | 20 | 20 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 07/2025  | $ | $188 | 188 | 188 | 188 | IDR | 3067081 | 3067081 | 3067081 |  | 1 | 1 | 1 |  |  | 0 |
|  |  |  |  | 08/2025  | CNH | 1504 | 1504 | 1504 | 1504 | $ | 211 | 211 | 211 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 08/2025  | TWD | 2620 | 2620 | 2620 | 2620 |  | 80 | 80 | 80 |  | 0 | 0 | 0 |  |  | (11) |
|  |  |  |  | 08/2025  | $ | $114 | 114 | 114 | 114 | CNH | 829 | 829 | 829 |  | 3 | 3 | 3 |  |  | 0 |
|  |  |  |  | 08/2025  |  | 167 | 167 | 167 | 167 | INR | 14306 | 14306 | 14306 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 08/2025  |  | 14 | 14 | 14 | 14 | SGD | 18 | 18 | 18 |  | 0 | 0 | 0 |  |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 08/2025  |  | 1 | 1 | 1 | 1 | INR | 82 | 82 | 82 |  | 0 | 0 | 0 |  |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | GBP | 9876 | 9876 | 9876 | 9876 | $ | 13372 | 13372 | 13372 |  | 0 | 0 | 0 |  |  | (184) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | ILS | 28 | 28 | 28 | 28 |  | 8 | 8 | 8 |  | 0 | 0 | 0 |  |  | (1) |
|  |  |  |  | 07/2025  | KRW | 23292 | 23292 | 23292 | 23292 |  | 17 | 17 | 17 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 07/2025  | THB | 741 | 741 | 741 | 741 |  | 22 | 22 | 22 |  | 0 | 0 | 0 |  |  | (1) |
|  |  |  |  | 07/2025  | $ | $16 | 16 | 16 | 16 | JPY | 2249 | 2249 | 2249 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 07/2025  |  | 17 | 17 | 17 | 17 | KRW | 23303 | 23303 | 23303 |  | 0 | 0 | 0 |  |  | 0 |
|  |  |  |  | 08/2025  |  | 32 | 32 | 32 | 32 | TRY | 1413 | 1413 | 1413 |  | 2 | 2 | 2 |  |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**1911** | **1911** | **1911** | **1911** | **$** | $**(5583)** | **(5583)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| UAG | UAG | UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | 39.750 | 39.750 | 08/11/2025 | 200 | 200 | 200 | (6) | (6) | (6) | $ | $0 |
|  |  |  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 51.750 | 51.750 | 08/11/2025 | 200 | 200 | 200 | (5) | (5) | (5) |  | (1) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **(11)** | **(11)** | **(11)** | **$** | $**(1)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset |
| GST | GST | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | 1.000% | 1.000% | Quarterly | 06/20/2026 | 06/20/2026 | 1.490% | 1.490% | 1.490% | $2000 | $ | (17) | (17) | $8 | 8 | $0 | 0 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(17)** | **(17)** | $**8** | **8** | $**0** | **0** | **0** |
| **(n)** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $3,301 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | 0 | 0 | 23586 | 23586 | $6626 | 6626 | 6626 | $ | 30212 | 30212 | 30212 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 0 | 0 | 59322 | 59322 | 0 | 0 | 0 |  | 59322 | 59322 | 59322 |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 900 | 900 | 900 | 900 | 284095 | 284095 | 1212 | 1212 | 1212 |  | 286207 | 286207 | 286207 |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 | 0 | 14643 | 14643 | 0 | 0 | 0 |  | 14643 | 14643 | 14643 |
| Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes | Convertible Bonds & Notes |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 0 | 1001 | 1001 | 0 | 0 | 0 |  | 1001 | 1001 | 1001 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Arizona | Arizona | Arizona | Arizona | Arizona | Arizona | Arizona | Arizona | 0 | 0 | 0 | 0 | 414 | 414 | 0 | 0 | 0 |  | 414 | 414 | 414 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 0 | 18575 | 18575 | 0 | 0 | 0 |  | 18575 | 18575 | 18575 |

---

------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 26917 | 26917 | 0 | 0 | 0 |  | 26917 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |  |
| Communication Services | Communication Services | Communication Services | Communication Services | Communication Services | Communication Services | 60 | 60 | 60 | 0 | 0 | 0 | 0 | 0 |  | 60 |  |  |
| Energy | Energy | Energy | Energy | Energy | Energy | 0 | 0 | 0 | 41 | 41 | 0 | 0 | 0 |  | 41 |  |  |
| Financials | Financials | Financials | Financials | Financials | Financials | 0 | 0 | 0 | 0 | 0 | 980 | 980 | 980 |  | 980 |  |  |
| Health Care | Health Care | Health Care | Health Care | Health Care | Health Care | 0 | 0 | 0 | 0 | 0 | 880 | 880 | 880 |  | 880 |  |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 41 | 41 | 41 | 0 | 0 | 251 | 251 | 251 |  | 292 |  |  |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |  |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 46 | 46 | 0 | 0 | 0 |  | 46 |  |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 1299 | 1299 | 0 | 0 | 0 |  | 1299 |  |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 976 | 976 | 0 | 0 | 0 |  | 976 |  |  |
|  |  |  |  |  |  | $1001 | 1001 | 1001 | $430915 | 430915 | $9949 | 9949 | 9949 | $ | 441865 |  |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $11929 | 11929 | 11929 | $0 | 0 | $0 | 0 | 0 | $ | 11929 |  |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $12930 | 12930 | 12930 | $430915 | 430915 | $9949 | 9949 | 9949 | $ | 453794 |  |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 232 | 232 | 0 | 0 | 0 |  | 232 |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 1911 | 1911 | 0 | 0 | 0 |  | 1911 |  |  |
|  |  |  |  |  |  | $0 | 0 | 0 | $2143 | 2143 | $0 | 0 | 0 | $ | 2143 |  |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | (88) | (88) | 0 | 0 | 0 |  | (88) |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (5593) | (5593) | 0 | 0 | 0 |  | (5593) |  |  |
|  |  |  |  |  |  | $0 | 0 | 0 | $(5681) | (5681) | $0 | 0 | 0 | $ | (5681) |  |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | $(3538) | (3538) | $0 | 0 | 0 | $ | (3538) |  |  |
| Totals | Totals | Totals | Totals | Totals | Totals | $12930 | 12930 | 12930 | $427377 | 427377 | $9949 | 9949 | 9949 | $ | 450256 |  |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Purchases  | Net<br>Sales/Settlements  | Net<br>Sales/Settlements  | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | 7137 | 0 | $ | $(1926) | $ | 8 | $(17) | $ | 159 | $1902 | 1902 | $(637) | (637) | (637) | 6626 | $ | 161 |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industrials | 1497 | 7 |  | (245) |  | 0 | 0 |  | (47) | 0 | 0 | 0 | 0 | 0 | 1212 |  | (46) |
| Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Energy | 97 | 0 |  | 0 |  | 0 | 0 |  | (56) | 0 | 0 | (41) | (41) | (41) | 0 |  | 0 |
| Financials | 957 | 0 |  | 0 |  | 0 | 0 |  | 23 | 0 | 0 | 0 | 0 | 0 | 980 |  | 23 |
| Health Care | 1138 | 0 |  | 0 |  | 0 | 0 |  | (258) | 0 | 0 | 0 | 0 | 0 | 880 |  | (259) |
| Industrials | 388 | 0 |  | 0 |  | 0 | 0 |  | (96) | 0 | 0 | (41) | (41) | (41) | 251 |  | (14) |
| Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industrials | 140 | 0 |  | 0 |  | 0 | 0 |  | (94) | 0 | 0 | (46) | (46) | (46) | 0 |  | 0 |
| Totals | 11354 | 7 | $ | $(2171) | $ | 8 | $(17) | $ | (369) | $1902 | 1902 | $(765) | (765) | (765) | 9949 | $ | (135) |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs |  | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $529 | 529 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 16.470 | 16.470 |  |  |
|  |  | 2628 | 2628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 6.182 - 11.518 | 6.182 - 11.518 | 8.593 | 8.593 |
|  |  | 1567 | 1567 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 77.000 - 100.500 | 77.000 - 100.500 | 94.756 | 94.756 |
|  |  | 1902 | 1902 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 100.375 - 100.500 | 100.375 - 100.500 | 100.375 | 100.375 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Industrials | Industrials | 442 | 442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | X/% | 0.900/10.500 | 0.900/10.500 |  |  |
|  |  | 29 | 29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Price | &nbsp;&nbsp;&nbsp;&nbsp; Price | &nbsp;&nbsp;&nbsp;&nbsp; Price | &nbsp;&nbsp;&nbsp;&nbsp; Price |  | 1.630 | 1.630 |  |  |
|  |  | 741 | 741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 58.500 - 75.500 | 58.500 - 75.500 | 65.431 | 65.431 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Financials | Financials | 980 | 980 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 5.200 | 5.200 |  |  |
| Health Care | Health Care | 880 | 880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 9.000 - 16.470 | 9.000 - 16.470 | 10.318 | 10.318 |
| Industrials | Industrials | 251 | 251 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies / Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Revenue Multiple/Discount Rate | X/% | 0.900/10.500 | 0.900/10.500 |  |  |
| Total | Total | $9949 | 9949 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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------

<br> Schedule of Investments PIMCO High Yield Spectrum Fund (Cont.) June 30, 2025 (Unaudited)

---

| | |
|:---|:---|
| <sup>(</sup><sup>1)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 148.3% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 3.5%**  |  |  |
| **Aligned Data Centers International LP**<br>7.799% due 12/18/2029 «~ | $468600 | $469850 |
| **Altice France SA**  |  |  |
| 5.279% (EUR003M + 3.000%) due 02/02/2026 ~ | 16957 | 17644 |
| 7.779% (EUR003M + 5.500%) due 08/15/2028 ~ | 14481 | 15391 |
| 9.756% (TSFR3M + 5.500%) due 08/15/2028 ~ | $116264 | 105639 |
| 10.500% (PRIME + 3.000%) due 08/14/2026 ~ | 12269 | 10839 |
| **American Airlines, Inc.**<br>6.519% - 6.522% (TSFR3M + 2.250%) due 04/20/2028 ~ | 31632 | 31471 |
| **Avolon TLB Borrower 1 U.S. LLC**<br>6.071% (TSFR1M + 1.750%) due 06/24/2030 ~ | 7852 | 7867 |
| **Carnival Corp.**<br>6.312% (TSFR1M + 2.000%) due 10/18/2028 ~ | 20577 | 20619 |
| **Charter Communications Operating LLC**<br>6.548% (TSFR3M + 2.250%) due 12/15/2031 ~ | 6005 | 6021 |
| **CoreWeave Compute Acquisition Co. LLC**<br>TBD% (TSFR3M + 6.000%) due 05/16/2029 «~µ | 7300 | 7471 |
| **Databricks, Inc.**  |  |  |
| TBD% - 1.000% due 01/03/2031 µ | 48024 | 48504 |
| TBD% - 1.000% (TSFR1M + 4.500%) due 01/03/2031 ~ | 216976 | 219146 |
| **DirecTV Financing LLC**<br>9.541% (TSFR3M + 5.000%) due 08/02/2027 ~ | 2481 | 2494 |
| **Encina Private Credit LLC**<br>TBD% - 8.524% due 11/30/2025 «µ | 40411 | 39401 |
| **Envision Healthcare Corp.**  |  |  |
| 11.110% (TSFR3M + 6.750%) due 07/20/2026 « | 173078 | 173078 |
| 12.235% (TSFR3M + 7.875%) due 11/03/2028 « | 736335 | 758425 |
| **Finastra U.S.A., Inc.**  |  |  |
| TBD% (TSFR3M + 7.250%) due 09/13/2029 µ | 5733 | 5769 |
| TBD% (TSFR6M + 7.250%) due 09/13/2029 ~ | 54576 | 54917 |
| **iHeartCommunications, Inc.**<br>10.216% (TSFR1M + 5.775%) due 05/01/2029 ~ | 2494 | 2040 |
| **Lealand Finance Co. BV**<br>7.441% (TSFR1M + 3.000%) due 06/30/2027 ~ | 2410 | 1578 |
| **Lealand Finance Co. BV (5.441% Cash and 3.000% PIK)**<br>8.441% (TSFR1M + 1.000%) due 12/31/2027 ~(d) | 6407 | 3363 |
| **Mercury Aggregator LP (13.500% PIK)**<br>13.500% due 04/03/2026 «(d) | 16186 | 11040 |
| **Mercury Aggregator LP (3.500% PIK)**<br>3.500% due 04/03/2026 «(d) | 8886 | 6061 |
| **MH Sub LLC**  |  |  |
| 8.577% (TSFR1M + 4.250%) due 05/03/2028 ~ | 1664 | 1564 |
| 8.577% (TSFR1M + 4.250%) due 12/31/2031 ~ | 1126 | 981 |
| **Numericable Group SA**<br>9.250% (PRIME + 1.750%) due 07/31/2025 ~ | 16358 | 14272 |
| **OCS Group Holdings Ltd.**<br>9.961% due 11/28/2031 | 23300 | 31928 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(l) | $60600 | 60600 |
| **Poseidon Bidco SASU**<br>6.980% (EUR003M + 5.000%) due 03/13/2030 ~ | 235200 | 189782 |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(l) | 33548 | 39517 |
| **Project Flash**  |  |  |
| TBD% due 04/30/2030 «µ | $1691300 | 1691301 |
| TBD% - 0.625% due 01/09/2030 «µ | 108450 | 107090 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | 75800 | 76900 |
| **Project Quasar Pledgco SLU**<br>5.161% (EUR001M + 3.250%) due 04/17/2026 «~ | 74312 | 84473 |
| **Republic of Panama**  |  |  |
| 4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 144800 | 171800 |
| 4.804% (EUR006M + 2.450%) due 04/01/2027 «~ | 451800 | 534680 |
| **SCUR-Alpha 1503 GmbH**  |  |  |
| 7.686% (EUR003M + 5.500%) due 03/29/2030 ~ | 118900 | 138155 |
| 9.780% (TSFR3M + 5.500%) due 03/29/2030 ~ | $211824 | 200584 |
| **Softbank Vision Fund**  |  |  |
| TBD% due 12/23/2029 « | 447500 | 447500 |
| 6.000% due 12/23/2025 « | 406096 | 406096 |
| **Subcalidora 2**<br>7.730% (EUR003M + 5.750%) due 08/14/2029 «~<br>| 129849 | 153721 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Syniverse** **Holdings, Inc.**<br>11.296% (TSFR3M + 7.000%) due 05/13/2027 ~<br>| $55629 | 52963 |
| **Thames Water Utilities Ltd.**<br>0.300% - 5.234% due 11/28/2025 | 81278 | 81723 |
| **TransDigm, Inc.**  |  |  |
| 6.796% (TSFR3M + 2.500%) due 02/28/2031 ~ | $76965 | 77189 |
| 7.046% (TSFR3M + 2.750%) due 03/22/2030 ~ | 19798 | 19891 |
| **Turkiye Vakiflar Bankasi TAO**<br>5.001% (EUR003M + 3.000%) due 12/15/2028 «~ | 20200 | 23883 |
| **U.S. Renal Care, Inc.**<br>9.441% (TSFR1M + 5.000%) due 06/20/2028 ~ | $24332 | 23095 |
| **Westmoreland Coal Co.**<br>8.000% due 03/15/2029 | 4351 | 1719 |
| Total Loan Participations and Assignments (Cost $6,556,806) |  | 6650035 |
| **CORPORATE BONDS & NOTES 8.3%**  |  |  |
| **BANKING & FINANCE 3.6%**  |  |  |
| **Alamo Re Ltd.**  |  |  |
| 12.058% due 06/07/2027 ~  | 33700 | 35166 |
| 15.544% due 06/08/2026 ~  | 34840 | 36199 |
| **Ambac Assurance Corp.** <br>5.100% due 12/31/2099 (k) | 352 | 477 |
| **American Assets Trust LP** <br>3.375% due 02/01/2031 | 26725 | 23946 |
| **Armor RE Ltd.**  |  |  |
| 12.808% due 01/07/2032 ~  | 5200 | 5210 |
| 14.558% due 05/07/2031 ~  | 13000 | 13474 |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 115420 | 109764 |
| **Baldwin Re Ltd.** <br>6.334% due 07/07/2028 ~ | 3300 | 3299 |
| **Banca Monte dei Paschi di Siena SpA** <br>1.875% due 01/09/2026 | 60500 | 71000 |
| **Banco Santander SA**  |  |  |
| 4.250% due 04/11/2027  | $28400 | 28340 |
| 6.527% due 11/07/2027 • | 95200 | 97739 |
| 6.607% due 11/07/2028  | 61400 | 65511 |
| **Bank of America Corp.** <br>5.202% due 04/25/2029 •  | 10600 | 10834 |
| **Barclays PLC**  |  |  |
| 4.972% due 05/16/2029 • | 54550 | 55130 |
| 5.674% due 03/12/2028 • | 20700 | 21099 |
| 5.690% due 03/12/2030 • | 57200 | 59199 |
| 6.224% due 05/09/2034 • | 138162 | 146692 |
| 6.490% due 09/13/2029 • | 25800 | 27282 |
| 6.496% due 09/13/2027 • | 61100 | 62469 |
| 6.692% due 09/13/2034 • | 40000 | 43684 |
| 7.437% due 11/02/2033 • | 22148 | 25145 |
| **Bayou Re Ltd.**  |  |  |
| 12.794% due 04/30/2031 ~  | 5800 | 6113 |
| 22.808% due 04/30/2031 ~  | 6700 | 7206 |
| **Blue Ridge Re Ltd.** <br>9.544% due 01/08/2031 ~ | 22908 | 23288 |
| **BNP Paribas SA** <br>5.497% due 05/20/2030 •  | 7200 | 7395 |
| **Bonanza RE Ltd.** <br>4.294% due 01/08/2026 ~ | 2500 | 2116 |
| **BPCE SA**  |  |  |
| 5.716% due 01/18/2030 • | 34200 | 35221 |
| 5.936% due 05/30/2035 • | 8600 | 8817 |
| 6.612% due 10/19/2027 • | 28400 | 29080 |
| 6.714% due 10/19/2029 • | 66000 | 69918 |
| 7.003% due 10/19/2034 • | 42300 | 46493 |
| **CaixaBank SA**  |  |  |
| 6.684% due 09/13/2027 • | 41400 | 42408 |
| 6.840% due 09/13/2034 • | 15000 | 16484 |
| **Cape Lookout Re Ltd.**  |  |  |
| 11.194% due 03/13/2032 ~  | 42300 | 42478 |
| 12.996% due 04/05/2027 ~  | 9550 | 9687 |
| **Charles River Re Ltd.** <br>11.044% due 05/10/2031 •  | 2700 | 2748 |
| **CIFI Holdings Group Co. Ltd.**  |  |  |
| 4.375% due 04/12/2027 ^(e)  | 3700 | 347 |
| 4.450% due 08/17/2026 ^(e)  | 3500 | 324 |
| 4.800% due 05/17/2028 ^(e)  | 1300 | 123 |
| 5.250% due 05/13/2026 ^(e)  | 2200 | 230 |
| 5.950% due 10/20/2025 ^(e)  | 2600 | 272 |
| 6.000% due 07/16/2025 ^(e)  | 4300 | 441 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | 29567 | 26760 |
| **Country Garden Holdings Co. Ltd.**  |  |  |
| 2.700% due 07/12/2026 ^(e)  | 17940 | 1413 |
| 3.125% due 10/22/2025 ^(e)  | 26950 | 2050 |

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------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.875% due 10/22/2030 ^(e)  | 18050 | 1409 |
| 4.800% due 08/06/2030 ^(e)  | 2100 | 162 |
| 5.400% due 05/27/2049 ^(e)  | 3400 | 263 |
| 5.625% due 01/14/2030 ^(e)  | 1300 | 101 |
| 6.150% due 09/17/2025 ^(e)  | 1900 | 145 |
| **Credicorp Capital Sociedad Titulizadora SA**  |  |  |
| 9.700% due 03/05/2045 «  | 140900 | 41542 |
| 10.100% due 12/15/2043  | 65500 | 19645 |
| **Credit Suisse AG AT1 Claim** | $272096 | 32652 |
| **Danske Bank AS** <br>5.427% due 03/01/2028 •  | 18500 | 18825 |
| **Deloitte LLP**  |  |  |
| 5.250% due 01/30/2030 «(l)  | 37300 | 37786 |
| 5.410% due 01/30/2032 «(l)  | 36700 | 36984 |
| **Deutsche Bank AG**  |  |  |
| 2.552% due 01/07/2028 • | 8850 | 8598 |
| 3.547% due 09/18/2031 • | 146147 | 136756 |
| 6.720% due 01/18/2029 • | 6776 | 7120 |
| **East Lane Re Ltd.** <br>13.544% due 03/31/2026 ~ | 32100 | 32512 |
| **EPR Properties**  |  |  |
| 4.500% due 06/01/2027  | 500 | 498 |
| 4.750% due 12/15/2026  | 2445 | 2442 |
| 4.950% due 04/15/2028  | 3980 | 3974 |
| **Essential Properties LP** <br>2.950% due 07/15/2031 | 7800 | 6941 |
| **Everglades Re Ltd.**  |  |  |
| 14.794% due 05/13/2027 ~  | 49280 | 51434 |
| 15.794% due 05/13/2031 ~  | 48900 | 50795 |
| 17.044% due 05/13/2031 ~  | 31200 | 32339 |
| **FFC Senior Notes Lease-Backed Pass-Through Trust** <br>5.141% due 07/10/2053 « | 46987 | 38182 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 2.700% due 08/10/2026  | 39225 | 38200 |
| 2.900% due 02/16/2028  | 18359 | 17222 |
| 4.125% due 08/17/2027  | 2700 | 2640 |
| 4.950% due 05/28/2027  | 3700 | 3677 |
| 5.918% due 03/20/2028  | 21973 | 22200 |
| 6.798% due 11/07/2028  | 11573 | 11994 |
| 6.800% due 05/12/2028  | 26077 | 26958 |
| 7.350% due 11/04/2027  | 7300 | 7584 |
| **GLP Capital LP**  |  |  |
| 3.250% due 01/15/2032  | 4800 | 4228 |
| 4.000% due 01/15/2031  | 5300 | 5001 |
| 5.300% due 01/15/2029  | 29811 | 30162 |
| **Goodman U.S. Finance Three LLC** <br>3.700% due 03/15/2028 | 26267 | 25756 |
| **Greengrove RE Ltd.** <br>12.044% due 04/08/2032 ~ | 10600 | 10602 |
| **Hardwood Funding LLC**  |  |  |
| 4.840% due 06/07/2028 «(l)  | 18500 | 18610 |
| 4.980% due 06/07/2030 «(l)  | 12000 | 12121 |
| **Hestia Re Ltd.**  |  |  |
| 11.044% due 03/13/2032 ~  | 3400 | 3364 |
| 12.544% due 03/13/2032 ~  | 3600 | 3553 |
| **Hexagon RE Ltd.** <br>10.394% due 01/07/2031 ~ | 21312 | 25388 |
| **HSBC Holdings PLC**  |  |  |
| 4.041% due 03/13/2028 • | $11280 | 11191 |
| 4.583% due 06/19/2029 • | 73000 | 73117 |
| **Hudson Pacific Properties LP**  |  |  |
| 3.250% due 01/15/2030  | 300 | 246 |
| 3.950% due 11/01/2027  | 5200 | 4990 |
| 4.650% due 04/01/2029 (n)  | 700 | 630 |
| 5.950% due 02/15/2028 (n)  | 8000 | 7808 |
| **Integrity RE Ltd.**  |  |  |
| 12.294% due 06/06/2027 ~  | 1350 | 1357 |
| 14.044% due 06/06/2027 ~  | 900 | 906 |
| 16.544% due 06/06/2028 ~  | 6000 | 6053 |
| **Integrity Re Ltd.**  |  |  |
| 21.308% due 06/08/2026 ~  | 16150 | 16860 |
| 27.308% due 06/08/2026 ~  | 7600 | 7552 |
| **Integrity RE Ltd.** <br>29.794% due 06/06/2027 ~ | 10100 | 10174 |
| **Intesa Sanpaolo SpA**  |  |  |
| 7.200% due 11/28/2033 (n)  | 44166 | 49618 |
| 7.800% due 11/28/2053  | 4400 | 5149 |
| **Janus Henderson U.S. Holdings, Inc.** <br>5.450% due 09/10/2034 | 8400 | 8336 |
| **KBC Group NV** <br>5.796% due 01/19/2029 •  | 900 | 930 |
| **Kennedy Wilson Europe Real Estate Ltd.** <br>3.250% due 11/12/2025 | 1768 | 2070 |
| **Kizuna RE Pte. Ltd.** <br>7.044% due 04/09/2029 ~ | $6121 | 6232 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Lion** **RE DAC** <br>6.409% due 07/16/2025 •  | 7800 | 9193 |
| **Lloyds Banking Group PLC** <br>5.462% due 01/05/2028 •  | $57700 | 58497 |
| **Longleaf Pine Re Ltd.** <br>21.794% due 05/27/2031 ~ | 25200 | 25990 |
| **MMcapS Funding Ltd.**  |  |  |
| 4.854% (US0003M + 0.290%) due 12/26/2039 ~  | 15043 | 14517 |
| 5.064% (US0003M + 0.500%) due 12/26/2039 ~  | 10100 | 8711 |
| **MMIFS Re Ltd.** <br>5.548% due 01/10/2033 ~ | 8700 | 6402 |
| **Nationwide Building Society**  |  |  |
| 2.972% due 02/16/2028 • | $342 | 334 |
| 3.960% due 07/18/2030 • | 57892 | 56501 |
| 4.302% due 03/08/2029 • | 56000 | 55673 |
| 6.557% due 10/18/2027 • | 30400 | 31175 |
| **Nature Coast Re Ltd.**  |  |  |
| 14.044% due 04/10/2033 ~  | 8750 | 8790 |
| 14.308% due 12/07/2030 ~  | 22346 | 22850 |
| **NatWest Group PLC**  |  |  |
| 3.073% due 05/22/2028 • | 1188 | 1159 |
| 4.445% due 05/08/2030 • | 163400 | 162192 |
| 4.892% due 05/18/2029 • | 6900 | 6971 |
| 5.076% due 01/27/2030 • | 177653 | 180310 |
| 5.583% due 03/01/2028 • | 42300 | 43073 |
| 5.631% due 03/01/2028 ~  | 24300 | 24427 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 2.000% due 03/09/2026  | 44978 | 43881 |
| 2.750% due 03/09/2028  | 40800 | 37276 |
| 6.448% due 09/13/2027 ~  | 11100 | 10967 |
| **Nomura Holdings, Inc.** <br>2.172% due 07/14/2028 | 51800 | 48370 |
| **Orange Capital RE DAC**  |  |  |
| 8.323% due 01/17/2029 ~  | 2400 | 2824 |
| 9.793% due 01/08/2027 ~  | 19700 | 23612 |
| **Palm RE Ltd.**  |  |  |
| 12.058% due 06/07/2032 ~  | $5800 | 5812 |
| 13.794% due 06/09/2031 ~  | 1700 | 1744 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (h) | 142178 | 101178 |
| **Paychex, Inc.**  |  |  |
| 5.100% due 04/15/2030  | 3100 | 3176 |
| 5.350% due 04/15/2032  | 4100 | 4212 |
| 5.600% due 04/15/2035  | 2300 | 2378 |
| **Polestar Re Ltd.**  |  |  |
| 14.794% due 01/07/2028 ~  | 16100 | 16610 |
| 17.544% due 01/07/2027 ~  | 73700 | 76994 |
| **Preferred Term Securities Ltd.**  |  |  |
| 4.880% (US0003M + 0.300%) due 03/22/2037 ~  | 44196 | 40771 |
| 4.880% (US0003M + 0.300%) due 09/22/2037 ~  | 65 | 60 |
| 4.880% (US0003M + 0.300%) due 12/22/2037 ~  | 10081 | 9274 |
| 4.890% (US0003M + 0.310%) due 12/22/2036 ~  | 48412 | 48049 |
| 4.930% (US0003M + 0.350%) due 06/22/2037 ~  | 48367 | 40628 |
| 4.950% (US0003M + 0.370%) due 09/22/2037 ~  | 41993 | 35484 |
| 4.960% (US0003M + 0.380%) due 12/22/2036 ~  | 1312 | 1049 |
| 4.960% (US0003M + 0.380%) due 03/22/2037 ~  | 45918 | 39030 |
| 4.970% (US0003M + 0.390%) due 12/22/2036 ~  | 2907 | 2588 |
| 4.972% (US0003M + 0.400%) due 06/23/2035 ~  | 8381 | 8003 |
| 4.980% (US0003M + 0.400%) due 09/22/2036 ~  | 28698 | 27048 |
| 4.980% (US0003M + 0.400%) due 12/22/2037 ~  | 2118 | 1810 |
| 4.980% (US0003M + 0.400%) due 03/22/2038 ~  | 68255 | 64127 |
| 5.010% (US0003M + 0.430%) due 12/22/2035 ~  | 28547 | 26549 |
| 5.030% (US0003M + 0.450%) due 03/22/2038 ~  | 7004 | 6059 |
| 5.066% (US0003M + 0.480%) due 09/23/2035 ~  | 14617 | 13740 |
| 5.072% (US0003M + 0.500%) due 06/23/2035 ~  | 10965 | 9704 |
| 5.160% (US0003M + 0.580%) due 03/23/2035 ~  | 10537 | 9747 |
| 5.180% (US0003M + 0.600%) due 03/22/2038 ~  | 16860 | 13151 |
| 5.200% (US0003M + 0.620%) due 12/22/2036 ~  | 30916 | 26433 |
| 5.330% (US0003M + 0.750%) due 09/23/2035 ~  | 20535 | 17865 |
| 5.417% (US0003M + 0.860%) due 07/03/2033 ~  | 915 | 915 |
| 5.452% (US0003M + 0.880%) due 12/24/2033 ~  | 2374 | 2326 |
| 5.457% (US0003M + 0.900%) due 01/03/2033 ~  | 3763 | 3744 |
| 5.480% (US0003M + 0.900%) due 03/22/2038 ~  | 14198 | 14162 |
| **Purple Re Ltd.** <br>13.294% due 06/07/2027 ~ | 20100 | 20574 |
| **Pyramid Funding Ltd.** <br>5.062% due 03/28/2035  | 457017 | 521784 |
| **Quercus Re DAC** <br>10.176% due 01/06/2031 ~ | 3800 | 4596 |
| **Ripon Investments Financing Ltd.** <br>0.000% due 08/29/2025 «(l) | 723 | 992 |
| **RNHB BV**  |  |  |
| 0.000% due 07/28/2026 «  | 23920 | 27505 |
| 0.000% due 01/28/2027 «  | 21408 | 25041 |
| 0.000% due 03/01/2027 «  | 11841 | 13714 |
| 0.000% due 10/28/2027 «  | 21133 | 24612 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.000% due 04/28/2028 «  | 10673 | 13044 |
| 0.000% due 10/28/2028 «  | 22876 | 28853 |
| **Sabine Re Ltd.** <br>12.544% due 04/07/2031 ~ | $6600 | 6838 |
| **Santander Holdings USA, Inc.** <br>4.500% due 07/17/2025 | 16830 | 16824 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 2.469% due 01/11/2028 • | 11100 | 10750 |
| 3.823% due 11/03/2028 • | 31580 | 30956 |
| 6.534% due 01/10/2029 • | 6200 | 6473 |
| **SLM Student Loan Trust** <br>2.525% (EUR003M + 0.550%) due 12/15/2033 ~ | 440 | 491 |
| **Societe Generale SA**  |  |  |
| 2.889% due 06/09/2032 • | $29900 | 26389 |
| 6.447% due 01/12/2027 • | 83300 | 84060 |
| 6.691% due 01/10/2034 • | 131700 | 140614 |
| **Sunac China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(d)(e) | 684 | 84 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2027 ^(d)(e) | 686 | 86 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(d)(e) | 1375 | 172 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(d)(e) | 2067 | 258 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(d)(e) | 2072 | 259 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(d)(e) | 976 | 120 |
| **Taranis Reinsurance DAC**  |  |  |
| 8.493% due 01/07/2031 ~  | 13300 | 15819 |
| 10.441% due 01/08/2031 ~  | 18600 | 22520 |
| **Thames SSNM** <br>9.750% due 10/10/2027 « | 18833 | 24171 |
| **Titanium 2l Bondco SARL** <br>6.250% due 01/14/2031 | 2955 | 1027 |
| **Torrey Pines Re Ltd.**  |  |  |
| 10.308% due 06/07/2032 ~  | $15100 | 15596 |
| 11.558% due 06/07/2027 ~  | 8900 | 9289 |
| 13.308% due 06/05/2026 ~  | 5400 | 5523 |
| **Trafford Centre Finance Ltd.** <br>5.126% (BP0003M + 0.725%) due 07/28/2038 ~ | 6550 | 8361 |
| **U.S. Capital Funding Ltd.** <br>4.752% due 07/10/2043 •  | $38609 | 32432 |
| **UBS AG** <br>7.500% due 02/15/2028 | 242450 | 261608 |
| **UBS Group AG**  |  |  |
| 3.091% due 05/14/2032 • | 126092 | 114495 |
| 3.869% due 01/12/2029 • | 7400 | 7287 |
| 4.194% due 04/01/2031 • | 36569 | 35818 |
| 5.428% due 02/08/2030 • | 33800 | 34721 |
| 5.959% due 01/12/2034 • | 130900 | 137851 |
| 6.246% due 09/22/2029 • | 92400 | 97087 |
| 6.327% due 12/22/2027 •(n)  | 95300 | 97875 |
| 6.373% due 07/15/2026 • | 65500 | 65562 |
| 6.442% due 08/11/2028 • | 149385 | 155248 |
| 6.537% due 08/12/2033 • | 212800 | 231540 |
| 7.750% due 03/01/2029 • | 47900 | 63590 |
| 9.016% due 11/15/2033 • | $34450 | 42607 |
| **UniCredit SpA** <br>2.569% due 09/22/2026 •  | 11513 | 11454 |
| **Uniti Group LP** <br>10.500% due 02/15/2028 | 10179 | 10798 |
| **Ursa Re Ltd.**  |  |  |
| 9.610% due 12/07/2026 ~  | 38700 | 39900 |
| 11.794% due 02/22/2028 ~  | 25300 | 25449 |
| 13.044% due 12/07/2026 ~  | 49500 | 51542 |
| **VB DPR Finance Co.** <br>6.833% due 03/15/2035 «(l) | 52500 | 51472 |
| **Veraison Re Ltd.** <br>9.294% due 03/08/2033 ~ | 3550 | 3550 |
| **VICI Properties LP**  |  |  |
| 3.875% due 02/15/2029  | 5805 | 5619 |
| 4.500% due 09/01/2026  | 16083 | 16043 |
| 4.500% due 01/15/2028  | 3495 | 3481 |
| 5.750% due 02/01/2027  | 12316 | 12490 |
| **Vitality Re Ltd.**  |  |  |
| 6.044% due 01/08/2030 ~  | 5700 | 5710 |
| 8.044% due 01/08/2030 ~  | 4500 | 4515 |
| **Voyager Aviation Holdings LLC** <br>8.500% due 05/09/2026 ^«(e) | 17914 | 0 |
| **Windmill Re DAC** <br>7.599% due 07/05/2028 ~ | 400 | 475 |
| **Winston RE Ltd.**  |  |  |
| 10.808% due 02/21/2028 ~  | $1800 | 1829 |
| 16.044% due 02/26/2027 ~  | 4800 | 5047 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Yellow** **Tulip Assetco BV** <br>1.500% due 07/30/2036 « | 45750 | 54794 |
| **Yellow Tulip Bidco BV** <br>0.000% due 07/30/2036 « | 47123 | 37905 |
|  |  | 6751959 |
| **INDUSTRIALS 3.5%**  |  |  |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | $27202 | 27247 |
| **Altice France SA**  |  |  |
| 3.375% due 01/15/2028  | 8706 | 8612 |
| 4.000% due 07/15/2029  | 3050 | 3022 |
| 4.125% due 01/15/2029  | 1200 | 1193 |
| 5.125% due 01/15/2029  | $23300 | 19266 |
| 5.125% due 07/15/2029  | 51547 | 42655 |
| 5.500% due 01/15/2028  | 42930 | 36169 |
| 5.500% due 10/15/2029  | 34165 | 28357 |
| 5.875% due 02/01/2027  | 3500 | 3723 |
| 8.125% due 02/01/2027  | $45340 | 40840 |
| **Amdocs Ltd.** <br>2.538% due 06/15/2030 | 23200 | 21027 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 25710 | 22703 |
| 3.000% due 04/15/2030  | 15256 | 14453 |
| 3.150% due 08/15/2033  | 1312 | 1208 |
| 3.200% due 12/15/2029  | 8448 | 8109 |
| 3.350% due 04/15/2031  | 18163 | 17311 |
| 3.375% due 11/01/2028  | 31191 | 30424 |
| 3.575% due 07/15/2029  | 7754 | 7520 |
| 3.600% due 03/22/2029  | 2822 | 2748 |
| 3.650% due 02/15/2029  | 9941 | 9625 |
| 3.650% due 12/15/2029  | 3035 | 2890 |
| 3.700% due 04/01/2028  | 13266 | 13036 |
| **BAT Capital Corp.**  |  |  |
| 6.343% due 08/02/2030  | 10250 | 11054 |
| 6.421% due 08/02/2033  | 8450 | 9181 |
| **Bayer U.S. Finance LLC** <br>6.375% due 11/21/2030 | 10300 | 10949 |
| **Bioceanico Sovereign Certificate Ltd.** <br>0.000% due 06/05/2034 (h) | 1961 | 1561 |
| **Boeing Co.**  |  |  |
| 2.196% due 02/04/2026  | 13187 | 12983 |
| 2.950% due 02/01/2030  | 19314 | 17914 |
| 3.200% due 03/01/2029  | 10000 | 9522 |
| 3.450% due 11/01/2028  | 4404 | 4249 |
| 3.625% due 02/01/2031  | 40180 | 37872 |
| 5.040% due 05/01/2027  | 125660 | 126650 |
| 5.150% due 05/01/2030 (n)  | 35000 | 35650 |
| 6.259% due 05/01/2027  | 71656 | 73750 |
| 6.298% due 05/01/2029 (n)  | 73606 | 77837 |
| 6.388% due 05/01/2031  | 28100 | 30211 |
| 6.528% due 05/01/2034  | 16300 | 17721 |
| **British Airways Pass-Through Trust**  |  |  |
| 2.900% due 09/15/2036  | 11488 | 10375 |
| 3.300% due 06/15/2034  | 2172 | 2022 |
| 3.800% due 03/20/2033  | 3644 | 3530 |
| 4.250% due 05/15/2034  | 10546 | 10136 |
| **Broadcom, Inc.**  |  |  |
| 2.450% due 02/15/2031  | 86400 | 77285 |
| 2.600% due 02/15/2033  | 26905 | 23022 |
| 3.187% due 11/15/2036  | 7241 | 6006 |
| 3.419% due 04/15/2033  | 13531 | 12276 |
| 3.469% due 04/15/2034  | 40370 | 36077 |
| **Carvana Co. (11.000% Cash or 13.000% PIK)** <br>11.000% due 06/01/2030 (d) | 222865 | 234511 |
| **Carvana Co. (14.000% PIK)** <br>14.000% due 06/01/2031 (d) | 249240 | 287035 |
| **CDW LLC**  |  |  |
| 2.670% due 12/01/2026  | 64300 | 62726 |
| 3.276% due 12/01/2028  | 16500 | 15780 |
| 3.569% due 12/01/2031  | 51800 | 47713 |
| **Claritev Corp. (6.500% Cash and 0.750% PIK)** <br>7.250% due 03/31/2031 (d) | 43694 | 30804 |
| **CLN Magnetto Group** <br>8.100% due 10/25/2031 « | 148000 | 148706 |
| **CVS Pass-Through Trust**  |  |  |
| 4.163% due 08/11/2036  | 4585 | 4243 |
| 5.773% due 01/10/2033  | 3443 | 3471 |
| 5.880% due 01/10/2028  | 433 | 438 |
| 7.507% due 01/10/2032  | 2972 | 3114 |
| **DISH DBS Corp.**  |  |  |
| 5.250% due 12/01/2026  | 243097 | 221066 |
| 5.750% due 12/01/2028  | 232493 | 201688 |
| **Energy Transfer LP**  |  |  |
| 4.400% due 03/15/2027  | 4145 | 4146 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.950% due 05/15/2028  | 4355 | 4418 |
| **Exela Intermediate LLC** <br>11.500% due 04/15/2026 | 10946 | 547 |
| **Flora Food Management BV** <br>6.875% due 07/02/2029 | 72600 | 86951 |
| **Gazprom PJSC Via Gaz Capital SA**  |  |  |
| 4.950% due 03/23/2027  | $24600 | 21525 |
| 4.950% due 02/06/2028  | 15900 | 12879 |
| 7.288% due 08/16/2037  | 30730 | 24584 |
| 8.625% due 04/28/2034  | 141090 | 123454 |
| **Greene King Finance PLC**  |  |  |
| 5.106% due 03/15/2034  | 1062 | 1446 |
| 6.158% (BP0003M + 1.800%) due 12/15/2034 ~  | 427 | 548 |
| **Imperial Brands Finance PLC** <br>3.500% due 07/26/2026 | $3625 | 3583 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 (n) | 562314 | 574795 |
| **JetBlue Pass-Through Trust**  |  |  |
| 2.750% due 11/15/2033  | 2213 | 1942 |
| 4.000% due 05/15/2034  | 50093 | 47012 |
| **Market Bidco Finco PLC** <br>4.750% due 11/04/2027 | 27450 | 32261 |
| **Mitchells & Butlers Finance PLC**  |  |  |
| 5.111% (US0003M + 0.450%) due 12/15/2030 ~  | $26 | 25 |
| 6.013% due 12/15/2030  | 3632 | 5030 |
| **MPH Acquisition Holdings LLC** <br>5.750% due 12/31/2030 | $5061 | 4173 |
| **MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK)** <br>11.500% due 12/31/2030 (d) | 7745 | 7687 |
| **National Football League** <br>5.480% due 10/05/2028 «(l) | 76800 | 78154 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 3.522% due 09/17/2025  | 6710 | 6673 |
| 4.345% due 09/17/2027  | 74963 | 72017 |
| 4.810% due 09/17/2030  | 212402 | 195006 |
| **NPC Ukrenergo** <br>6.875% due 11/09/2028 | 3480 | 2828 |
| **Petroleos de Venezuela SA**  |  |  |
| 5.375% due 04/12/2027 ^(e)  | 105630 | 13317 |
| 5.500% due 04/12/2037 ^(e)  | 117045 | 14752 |
| 6.000% due 11/15/2026 ^(e)  | 54167 | 6895 |
| 9.750% due 05/17/2035 ^(e)  | 43640 | 6459 |
| **Petroleos Mexicanos**  |  |  |
| 2.750% due 04/21/2027  | 7200 | 8095 |
| 5.950% due 01/28/2031  | $176125 | 159389 |
| 6.700% due 02/16/2032  | 412739 | 383836 |
| 6.750% due 09/21/2047  | 71382 | 51746 |
| 6.950% due 01/28/2060  | 57150 | 41103 |
| 7.690% due 01/23/2050  | 16197 | 12750 |
| **Prime Property Fund LLC**  |  |  |
| 5.250% due 09/30/2029 «(l)  | 34500 | 34471 |
| 5.440% due 09/30/2031 «(l)  | 34500 | 34390 |
| **Prosus NV**  |  |  |
| 1.288% due 07/13/2029  | 19700 | 21544 |
| 1.985% due 07/13/2033  | 26300 | 26911 |
| 2.085% due 01/19/2030  | 27600 | 30906 |
| 2.778% due 01/19/2034  | 20944 | 22510 |
| 3.061% due 07/13/2031  | $47100 | 41738 |
| 4.193% due 01/19/2032  | 28000 | 26236 |
| **Rolls-Royce PLC**  |  |  |
| 3.375% due 06/18/2026  | 3835 | 5210 |
| 4.625% due 02/16/2026  | 45275 | 53808 |
| 5.750% due 10/15/2027  | 43671 | 61510 |
| **Russian Railways Via RZD Capital PLC** <br>7.487% due 03/25/2031 ^(e) | 60389 | 58025 |
| **Saudi Arabian Oil Co.**  |  |  |
| 4.750% due 06/02/2030  | $197600 | 198660 |
| 5.875% due 07/17/2064  | 39100 | 35775 |
| **Spirit Airlines Pass-Through Trust** <br>3.375% due 08/15/2031 | 125 | 111 |
| **Sprint Spectrum Co. LLC** <br>5.152% due 09/20/2029 | 17086 | 17209 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 18703 | 28275 |
| **Thames Water Utilities Finance PLC**  |  |  |
| 0.875% due 01/31/2030  | 31400 | 23546 |
| 1.250% due 01/31/2034  | 9800 | 7446 |
| 1.604% due 12/23/2029  | $11200 | 7321 |
| 2.375% due 04/22/2042  | 6300 | 5728 |
| 2.625% due 01/24/2034  | 23700 | 21237 |
| 3.500% due 02/25/2030  | 9100 | 8290 |
| 4.000% due 04/18/2029  | 11700 | 9034 |
| 4.375% due 01/18/2033  | 41600 | 32071 |
| 4.375% due 07/03/2036  | 27175 | 24512 |
| 4.625% due 06/04/2048  | 29100 | 26552 |
| 5.125% due 09/28/2039  | 14500 | 13373 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.500% due 02/11/2043  | 52700 | 48117 |
| 6.500% due 02/09/2034  | 3000 | 2772 |
| 7.125% due 04/30/2033  | 6800 | 6356 |
| 7.750% due 04/30/2046  | 25300 | 23724 |
| **Thames Water Utilities Ltd.** <br>0.000% due 03/22/2027 (h) | 2758 | 3195 |
| **Times Square Hotel Trust** <br>8.528% due 08/01/2026 | $279 | 279 |
| **Topaz Solar Farms LLC**  |  |  |
| 4.875% due 09/30/2039  | 8094 | 7163 |
| 5.750% due 09/30/2039  | 60217 | 59168 |
| **U.S. Renal Care, Inc.** <br>10.625% due 06/28/2028 | 5107 | 4373 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 7997 | 7164 |
| 3.500% due 09/01/2031  | 2993 | 2825 |
| 4.000% due 10/11/2027  | 2322 | 2303 |
| 4.150% due 02/25/2033  | 3237 | 3108 |
| 5.875% due 04/15/2029  | 91420 | 93366 |
| **Valaris Ltd.** <br>8.375% due 04/30/2030 | 1556 | 1598 |
| **Venture Global Calcasieu Pass LLC**  |  |  |
| 3.875% due 08/15/2029  | 31870 | 30070 |
| 3.875% due 11/01/2033  | 10800 | 9453 |
| 4.125% due 08/15/2031  | 10300 | 9541 |
| **Venture Global LNG, Inc.**  |  |  |
| 7.000% due 01/15/2030 (n)  | 138600 | 140234 |
| 8.125% due 06/01/2028  | 259800 | 268677 |
| 8.375% due 06/01/2031 (n)  | 53075 | 55164 |
| 9.500% due 02/01/2029  | 205900 | 224432 |
| 9.875% due 02/01/2032 (n)  | 133350 | 144096 |
| **Venture Global Plaquemines LNG LLC**  |  |  |
| 6.500% due 01/15/2034 (c)  | 41020 | 41020 |
| 6.750% due 01/15/2036 (c)  | 46200 | 46200 |
| **Volkswagen Group of America Finance LLC** <br>5.300% due 03/22/2027 | 100000 | 100942 |
| **Woodside Finance Ltd.** <br>5.100% due 09/12/2034 | 48000 | 46505 |
| **Yellowstone Energy LP** <br>5.750% due 12/31/2026 | 1247 | 1231 |
|  |  | 6550767 |
| **UTILITIES 1.2%**  |  |  |
| **Edison International** <br>6.250% due 03/15/2030 | 40350 | 40996 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 3358 | 3194 |
| **Gazprom PJSC Via Gaz Finance PLC** <br>1.500% due 02/17/2027 | 137850 | 125845 |
| **Gazprom PJSC via Gaz Finance PLC** <br>2.950% due 01/27/2029 | $93400 | 66781 |
| **Gazprom PJSC Via Gaz Finance PLC** <br>3.000% due 06/29/2027 | 12000 | 9900 |
| **ONEOK, Inc.** <br>4.750% due 10/15/2031 | 56300 | 55773 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | 44031 | 41715 |
| 2.500% due 02/01/2031  | 51959 | 45130 |
| 2.950% due 03/01/2026  | 69389 | 68487 |
| 3.000% due 06/15/2028  | 85600 | 81318 |
| 3.150% due 01/01/2026  | 223783 | 221671 |
| 3.250% due 06/01/2031  | 86160 | 77372 |
| 3.300% due 03/15/2027  | 83737 | 81832 |
| 3.300% due 12/01/2027  | 164659 | 159363 |
| 3.450% due 07/01/2025  | 135506 | 135506 |
| 3.500% due 08/01/2050  | 44577 | 28620 |
| 3.750% due 07/01/2028  | 176652 | 171462 |
| 3.750% due 08/15/2042  | 3502 | 2500 |
| 4.000% due 12/01/2046  | 45023 | 32280 |
| 4.200% due 03/01/2029  | 65400 | 63850 |
| 4.250% due 03/15/2046  | 60021 | 44784 |
| 4.300% due 03/15/2045  | 37669 | 28470 |
| 4.400% due 03/01/2032  | 67000 | 62892 |
| 4.450% due 04/15/2042  | 50762 | 40377 |
| 4.500% due 07/01/2040  | 22432 | 18711 |
| 4.550% due 07/01/2030  | 346519 | 338385 |
| 4.600% due 06/15/2043  | 47354 | 37571 |
| 4.650% due 08/01/2028  | 19885 | 19779 |
| 4.750% due 02/15/2044  | 33365 | 27185 |
| 4.950% due 07/01/2050 (n)  | 38439 | 31020 |
| 5.450% due 06/15/2027  | 23667 | 23951 |
| 5.900% due 06/15/2032  | 20000 | 20428 |
| **Peru LNG SRL** <br>5.375% due 03/22/2030 | 1167 | 1098 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Rio** **Oil Finance Trust**  |  |  |
| 8.200% due 04/06/2028  | 14734 | 15370 |
| 9.750% due 01/06/2027  | 7470 | 7734 |
| **Sprint Capital Corp.** <br>8.750% due 03/15/2032 | 25100 | 30463 |
| **Sprint LLC** <br>7.625% due 03/01/2026 | 11900 | 12015 |
|  |  | 2273828 |
| Total Corporate Bonds & Notes (Cost $15,866,180) |  | 15576554 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **CALIFORNIA 0.0%**  |  |  |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021**  |  |  |
| 3.000% due 06/01/2046  | 4580 | 4023 |
| 3.850% due 06/01/2050  | 2720 | 2476 |
| 4.214% due 06/01/2050  | 26895 | 19394 |
|  |  | 25893 |
| **ILLINOIS 0.0%**  |  |  |
| **Illinois State General Obligation Bonds, (BABs), Series 2010**  |  |  |
| 6.630% due 02/01/2035  | 20569 | 21621 |
| 6.725% due 04/01/2035  | 5615 | 5942 |
| 7.350% due 07/01/2035  | 16846 | 18023 |
|  |  | 45586 |
| **NEW YORK 0.1%**  |  |  |
| **New York City, New York General Obligation Bonds, Series 2025**  |  |  |
| 6.291% due 02/01/2045  | 12200 | 12794 |
| 6.385% due 02/01/2055  | 36700 | 38192 |
|  |  | 50986 |
| Total Municipal Bonds & Notes (Cost $129,502) |  | 122465 |
| **U.S. GOVERNMENT AGENCIES 62.0%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.042% due 09/25/2042 •  | 819 | 446 |
| 0.053% due 11/25/2042 •  | 19 | 14 |
| 1.430% due 03/25/2041 •(a) | 1712 | 165 |
| 1.580% due 11/25/2049 •(a) | 17877 | 2393 |
| 1.610% due 06/25/2037 •(a) | 282 | 30 |
| 1.630% due 03/25/2037 - 03/25/2049 •(a) | 5732 | 712 |
| 1.650% due 12/25/2036 - 02/25/2037 •(a) | 937 | 70 |
| 1.680% due 04/25/2037 •(a) | 449 | 50 |
| 1.690% due 04/25/2037 •(a) | 690 | 55 |
| 1.730% due 08/25/2035 - 02/25/2043 •(a) | 2842 | 294 |
| 1.880% due 01/25/2038 •(a) | 1126 | 102 |
| 1.930% due 01/25/2040 •(a) | 1126 | 86 |
| 1.960% due 03/25/2037 •(a) | 1393 | 128 |
| 1.980% due 05/25/2037 •(a) | 400 | 34 |
| 1.990% due 06/25/2037 •(a) | 1635 | 187 |
| 2.020% due 04/25/2037 •(a) | 1039 | 121 |
| 2.030% due 12/25/2037 •(a) | 991 | 93 |
| 2.130% due 10/25/2036 - 06/25/2040 •(a) | 1051 | 103 |
| 2.180% due 11/25/2035 •(a) | 47 | 1 |
| 2.230% due 11/25/2036 •(a) | 303 | 13 |
| 2.280% due 03/25/2036 •(a) | 479 | 37 |
| 2.370% due 04/25/2037 •(a) | 720 | 95 |
| 2.500% due 04/25/2042 - 08/25/2042 | 10315 | 9929 |
| 2.580% due 02/25/2038 •(a) | 3325 | 394 |
| 2.780% due 02/25/2037 •(a) | 263 | 30 |
| 3.000% due 06/25/2027 - 06/25/2042 (a) | 6917 | 218 |
| 3.564% due 04/01/2027 •  | 11 | 11 |
| 4.000% due 07/01/2041 - 01/01/2059 | 3892 | 3710 |
| 4.000% due 12/25/2042 - 12/25/2047 (a) | 997 | 90 |
| 4.217% due 03/01/2033 •  | 4 | 4 |
| 4.496% due 12/25/2036 •  | 16 | 16 |
| 4.500% due 12/25/2039 - 07/25/2040 | 2941 | 2928 |
| 4.500% due 12/25/2042 (a) | 728 | 118 |
| 4.544% due 09/25/2031 •  | 524 | 519 |
| 4.556% due 03/25/2034 •  | 1 | 1 |
| 4.770% due 03/25/2044 •  | 2 | 2 |
| 4.820% due 06/25/2029 - 08/25/2036 •  | 7 | 6 |
| 4.870% due 06/25/2049 •  | 3623 | 3515 |
| 5.000% due 08/25/2033 - 06/25/2043 | 13105 | 13416 |
| 5.171% due 03/25/2038 •  | 262 | 276 |
| 5.250% due 12/25/2050 •  | 12463 | 12489 |
| 5.395% due 09/01/2031 •  | 27 | 28 |
| 5.500% due 11/25/2032 - 06/01/2048 | 4119 | 4225 |
| 5.697% due 10/01/2044 •  | 1 | 1 |
| 5.897% due 10/01/2040 •  | 8 | 8 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.912% due 09/01/2030 •  | 2 | 2 |
| 5.949% due 02/01/2034 •  | 218 | 221 |
| 5.965% due 12/01/2035 •  | 12 | 12 |
| 6.000% due 06/25/2029 - 09/25/2031 | 397 | 406 |
| 6.086% due 04/01/2028 •  | 1 | 1 |
| 6.175% due 11/01/2033 •  | 5 | 5 |
| 6.307% due 08/01/2033 •  | 4 | 4 |
| 6.358% due 12/01/2033 •  | 5 | 5 |
| 6.453% due 04/01/2032 •  | 3 | 3 |
| 6.500% due 06/25/2028 - 02/25/2033 | 24 | 26 |
| 6.634% due 04/01/2033 •  | 1 | 1 |
| 6.850% due 12/18/2027 | 1 | 1 |
| 7.000% due 06/25/2032 - 01/25/2048 | 65 | 66 |
| 7.091% due 10/01/2032 •  | 2 | 2 |
| 7.124% due 09/01/2035 •  | 2 | 2 |
| 7.153% due 10/01/2036 •  | 1 | 1 |
| 7.260% due 07/01/2032 •  | 4 | 4 |
| 7.321% due 03/01/2033 •  | 31 | 32 |
| 7.500% due 11/25/2030 - 06/25/2042 | 12 | 13 |
| 7.500% due 06/25/2042 ~ | 8 | 8 |
| 8.500% due 06/25/2030 | 33 | 36 |
| **Freddie Mac**  |  |  |
| 0.000% due 08/15/2056 - 08/15/2057 (b)(h) | 125283 | 84384 |
| 0.143% due 12/15/2042 •  | 1364 | 1062 |
| 1.063% due 01/15/2041 •  | 746 | 681 |
| 1.241% due 09/25/2030 ~(a) | 199125 | 9192 |
| 1.471% due 06/25/2030 ~(a) | 86856 | 4687 |
| 1.532% due 11/15/2037 •(a) | 3493 | 326 |
| 1.534% due 05/25/2030 ~(a) | 305349 | 17487 |
| 1.632% due 08/15/2037 •(a) | 486 | 44 |
| 1.782% due 06/15/2038 - 01/15/2042 •(a) | 2355 | 220 |
| 2.022% due 03/15/2037 •(a) | 2393 | 235 |
| 2.023% due 02/15/2040 •  | 420 | 387 |
| 2.032% due 03/15/2037 - 06/15/2039 •(a) | 1130 | 112 |
| 2.053% due 01/15/2038 ~(a) | 10388 | 534 |
| 2.132% due 09/15/2036 •(a) | 947 | 76 |
| 2.152% due 09/15/2036 •(a) | 554 | 57 |
| 2.232% due 04/15/2036 - 05/15/2036 •(a) | 3336 | 384 |
| 2.282% due 04/15/2026 •(a) | 7 | 0 |
| 2.332% due 01/15/2037 •(a) | 365 | 34 |
| 2.451% due 11/15/2043 •  | 8345 | 8317 |
| 2.611% due 08/15/2044 •  | 4409 | 4253 |
| 2.732% due 08/15/2036 •(a) | 934 | 107 |
| 3.000% due 03/15/2027 - 10/15/2047 (a) | 32324 | 4853 |
| 3.000% due 08/01/2032 - 03/01/2049 | 158523 | 140731 |
| 3.500% due 08/15/2042 - 05/01/2049 | 287016 | 263262 |
| 3.500% due 12/15/2042 (a) | 3270 | 507 |
| 4.000% due 08/01/2040 - 08/01/2048 | 65960 | 62661 |
| 4.000% due 09/15/2048 (a) | 4108 | 550 |
| 4.032% due 09/25/2035 ~(a) | 62778 | 9606 |
| 4.500% due 06/01/2048 | 1814 | 1768 |
| 4.694% due 08/25/2031 •  | 3 | 3 |
| 4.818% due 12/15/2046 •  | 14641 | 14302 |
| 4.868% due 06/15/2049 •  | 8046 | 7832 |
| 5.000% due 01/15/2034 - 05/15/2038 | 1852 | 1895 |
| 5.500% due 08/15/2036 - 06/15/2041 | 12280 | 12869 |
| 5.799% due 07/25/2044 •  | 3 | 3 |
| 6.000% due 02/15/2031 - 02/15/2032 | 361 | 371 |
| 6.102% due 05/01/2035 •  | 9 | 9 |
| 6.165% due 02/01/2037 •  | 1 | 1 |
| 6.243% due 03/01/2031 •  | 3 | 3 |
| 6.443% due 05/01/2037 •  | 1 | 1 |
| 6.451% due 04/01/2036 •  | 2 | 2 |
| 6.455% due 05/01/2029 •  | 2 | 2 |
| 6.473% due 05/01/2033 •  | 3 | 3 |
| 6.495% due 12/01/2037 •  | 1 | 1 |
| 6.500% due 04/15/2029 - 11/25/2049 | 4091 | 4324 |
| 6.532% due 01/01/2033 - 12/01/2034 •  | 5 | 5 |
| 6.677% due 11/01/2031 •  | 5 | 5 |
| 6.724% due 10/01/2032 •  | 6 | 6 |
| 6.732% due 01/01/2035 •  | 9 | 10 |
| 6.738% due 07/01/2034 •  | 14 | 15 |
| 6.823% due 07/01/2033 •  | 1 | 1 |
| 6.825% due 03/01/2032 •  | 30 | 30 |
| 6.854% due 12/01/2033 •  | 16 | 16 |
| 6.990% due 01/01/2035 •  | 17 | 18 |
| 7.000% due 06/15/2029 - 03/15/2032 | 28 | 29 |
| 7.055% due 09/01/2033 •  | 1 | 1 |
| 7.120% due 08/01/2034 •  | 1 | 1 |
| 7.230% due 09/01/2031 •  | 80 | 82 |
| 7.238% due 09/01/2034 •  | 22 | 22 |
| 7.250% due 09/15/2030 | 3 | 4 |
| 7.258% due 09/01/2037 •  | 1 | 1 |
| 7.263% due 12/15/2031 - 02/15/2032 •  | 240 | 260 |
| 7.282% due 09/01/2033 •  | 20 | 21 |
| 7.285% due 11/01/2035 •  | 30 | 31 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.346% due 07/01/2033 •  | 2 | 2 |
| 7.375% due 09/01/2032 •  | 17 | 17 |
| 7.455% due 11/01/2029 •  | 2 | 2 |
| 7.500% due 09/15/2030 | 32 | 34 |
| 7.560% due 09/01/2037 •  | 1 | 1 |
| 8.500% due 06/15/2031 | 17 | 18 |
| 9.442% due 10/15/2031 •  | 11 | 11 |
| **Ginnie Mae**  |  |  |
| 0.000% due 10/16/2053 ~(a) | 848 | 0 |
| 0.023% due 08/16/2048 ~(a) | 2760 | 1 |
| 1.087% due 03/16/2051 ~(a) | 601 | 1 |
| 1.768% due 10/20/2047 •(a) | 7060 | 933 |
| 3.000% due 01/20/2042 - 04/20/2052 | 256614 | 227256 |
| 3.500% due 03/20/2043 (a) | 251 | 42 |
| 3.500% due 01/20/2045 - 05/20/2055 | 398691 | 366886 |
| 4.000% due 06/20/2039 - 06/20/2054 | 165786 | 154945 |
| 4.000% due 03/20/2043 (a) | 720 | 82 |
| 4.500% due 07/20/2032 - 02/20/2049 | 82563 | 80651 |
| 4.625% due 10/20/2029 •  | 14 | 14 |
| 4.750% due 12/20/2026 - 12/20/2033 •  | 17 | 17 |
| 4.846% due 10/20/2062 •  | 756 | 757 |
| 4.875% due 06/20/2027 - 06/20/2032 •  | 51 | 52 |
| 4.916% due 03/20/2063 •  | 128 | 128 |
| 4.977% due 04/20/2068 •  | 17277 | 17531 |
| 5.000% due 07/20/2033 | 85 | 84 |
| 5.125% due 08/20/2033 •  | 2 | 2 |
| 5.196% due 11/20/2065 - 08/20/2066 •  | 13755 | 13782 |
| 5.216% due 10/20/2066 •  | 4303 | 4312 |
| 5.226% due 09/20/2066 •  | 2333 | 2338 |
| 5.246% due 05/20/2066 - 09/20/2066 •  | 28944 | 29022 |
| 5.276% due 08/20/2066 •  | 4114 | 4126 |
| 5.296% due 04/20/2066 - 11/20/2066 •  | 11338 | 11385 |
| 5.446% due 03/20/2066 - 01/20/2067 •  | 12237 | 12301 |
| 5.500% due 04/20/2037 | 135 | 137 |
| 5.592% due 04/20/2067 •  | 15006 | 15212 |
| 5.596% due 03/20/2066 •  | 3126 | 3147 |
| 5.625% due 01/20/2027 - 01/20/2035 •  | 23 | 24 |
| 6.100% due 06/15/2028 - 01/15/2029 | 91 | 93 |
| 6.490% due 01/15/2028 - 01/15/2029 | 106 | 107 |
| **Ginnie Mae, TBA**  |  |  |
| 2.000% due 07/01/2055 - 08/01/2055 | 85000 | 69242 |
| 2.500% due 08/01/2055 | 110550 | 93940 |
| 3.000% due 07/01/2055 - 08/01/2055 | 164300 | 145332 |
| 3.500% due 07/01/2055 | 692560 | 629723 |
| 4.000% due 07/01/2055 - 08/01/2055 | 865276 | 804487 |
| 4.500% due 07/01/2055 - 08/01/2055 | 2024878 | 1938189 |
| 5.000% due 07/01/2055 - 08/01/2055 | 394575 | 387505 |
| **U.S. Small Business Administration**<br>5.370% due 04/01/2028 | 39 | 39 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 1.500% due 12/01/2040 - 06/01/2051 | 1542 | 1268 |
| 2.000% due 03/01/2026 - 11/01/2051 | 12496 | 10091 |
| 2.500% due 08/01/2027 - 10/01/2051 | 164563 | 142846 |
| 3.000% due 09/01/2025 - 04/01/2052 | 2370374 | 2110820 |
| 3.500% due 10/01/2025 - 06/01/2051 | 547871 | 504549 |
| 4.000% due 07/01/2025 - 04/01/2053 | 1512140 | 1425876 |
| 4.500% due 09/01/2025 - 09/01/2053 | 285377 | 274535 |
| 5.000% due 05/01/2026 - 08/01/2053 | 139571 | 137549 |
| 5.500% due 09/01/2025 - 09/01/2053 | 759054 | 761227 |
| 6.000% due 10/01/2025 - 09/01/2054 | 334499 | 340966 |
| 6.500% due 02/01/2026 - 04/01/2054 | 184817 | 191545 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.000% due 08/01/2040 | 100 | 91 |
| 2.500% due 07/01/2040 | 2950 | 2755 |
| 3.000% due 07/01/2040 - 08/01/2055 | 834957 | 764184 |
| 3.500% due 07/01/2055 - 08/01/2055 | 1063865 | 957714 |
| 4.000% due 07/01/2055 - 08/01/2055 | 6258803 | 5819374 |
| 4.500% due 07/01/2055 - 08/01/2055 | 2164900 | 2070133 |
| 5.000% due 07/01/2055 - 09/01/2055 | 14870495 | 14567248 |
| 5.500% due 07/01/2055 - 09/01/2055 | 16603479 | 16590992 |
| 6.000% due 07/01/2055 - 09/01/2055 | 31882638 | 32375354 |
| 6.500% due 07/01/2055 - 08/01/2055 | 29363033 | 30282903 |
| 7.000% due 08/01/2055 - 09/01/2055 | 1645000 | 1724656 |
| Total U.S. Government Agencies (Cost $116,513,809) |  | 116787296 |
| **U.S. TREASURY OBLIGATIONS 15.7%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 2.250% due 08/15/2046 (r) | 4400 | 2884 |
| 2.500% due 02/15/2045 (r) | 77400 | 54513 |
| 2.500% due 02/15/2046 (r) | 2319 | 1608 |
| 2.500% due 05/15/2046 (r) | 4955 | 3424 |
| 2.750% due 11/15/2047 | 100 | 71 |
| 2.875% due 05/15/2043 (r) | 118245 | 91173 |
| 2.875% due 08/15/2045 | 858035 | 641817 |
| 2.875% due 11/15/2046 (r) | 542700 | 399732 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.875% due 05/15/2049 (r) | 3300 | 2370 |
| 3.000% due 11/15/2044 | 615851 | 474422 |
| 3.000% due 08/15/2048 (r) | 2585 | 1913 |
| 3.000% due 02/15/2049 (r) | 125029 | 92160 |
| 3.125% due 02/15/2043 (r) | 276604 | 222526 |
| 3.125% due 08/15/2044 (r) | 478709 | 377600 |
| 3.375% due 05/15/2044 | 712349 | 586157 |
| 3.625% due 08/15/2043 (r) | 480378 | 413425 |
| 3.625% due 02/15/2044 (r) | 494809 | 423777 |
| 3.750% due 11/15/2043 (r) | 355213 | 310478 |
| 4.250% due 08/15/2054 | 338200 | 308951 |
| 4.375% due 08/15/2043 | 494700 | 471695 |
| 4.500% due 11/15/2054 | 1910600 | 1821339 |
| 4.625% due 05/15/2054 | 1587700 | 1542550 |
| 6.250% due 05/15/2030 | 845 | 937 |
| **U.S. Treasury Inflation Protected Securities (j)** |  |  |
| 0.125% due 04/15/2026 (p) | 15900 | 15725 |
| 0.125% due 07/15/2026  | 444139 | 440340 |
| 0.125% due 10/15/2026  | 934032 | 923401 |
| 0.125% due 07/15/2030 (p) | 1502498 | 1411884 |
| 0.125% due 01/15/2031 (p) | 24151 | 22385 |
| 0.125% due 07/15/2031 (p) | 115118 | 105978 |
| 0.125% due 01/15/2032 (p) | 99398 | 90129 |
| 0.250% due 07/15/2029 (p) | 1570783 | 1508830 |
| 0.250% due 02/15/2050  | 204887 | 119131 |
| 0.375% due 01/15/2027 (p) | 23254 | 22938 |
| 0.500% due 01/15/2028 (p) | 6094 | 5981 |
| 0.625% due 07/15/2032 (p) | 1200810 | 1120562 |
| 0.625% due 02/15/2043  | 33372 | 24826 |
| 0.750% due 07/15/2028 (p) | 346558 | 342400 |
| 0.750% due 02/15/2042 (p) | 264959 | 205927 |
| 0.750% due 02/15/2045  | 176984 | 129328 |
| 0.875% due 02/15/2047  | 214468 | 155531 |
| 1.000% due 02/15/2046 (p) | 169014 | 128181 |
| 1.000% due 02/15/2048  | 246754 | 181653 |
| 1.000% due 02/15/2049 (p) | 619356 | 449817 |
| 1.125% due 01/15/2033 (p) | 261885 | 250366 |
| 1.375% due 07/15/2033 (r) | 2623279 | 2548770 |
| 1.375% due 02/15/2044  | 134380 | 112930 |
| 1.500% due 02/15/2053  | 336673 | 266914 |
| 1.750% due 01/15/2034 (p) | 536150 | 531750 |
| 1.875% due 07/15/2034  | 4528421 | 4534522 |
| 2.125% due 02/15/2040  | 75241 | 74329 |
| 2.125% due 02/15/2041  | 18895 | 18508 |
| 2.500% due 01/15/2029 (p) | 26783 | 27873 |
| **U.S. Treasury Notes**  |  |  |
| 1.500% due 08/15/2026 (p)(r) | 1100 | 1071 |
| 1.625% due 02/15/2026 (r) | 420 | 413 |
| 2.000% due 11/15/2026 | 200 | 195 |
| 2.375% due 03/31/2029 (p)(r) | 1051400 | 1002034 |
| 2.625% due 02/15/2029 (p) | 560 | 539 |
| 4.500% due 03/31/2026 (r) | 2204000 | 2210188 |
| 4.500% due 04/15/2027 (p) | 2225400 | 2253478 |
| Total U.S. Treasury Obligations (Cost $32,660,807) |  | 29484349 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 30.9%**  |  |  |
| **20 Times Square Trust** <br>3.203% due 05/15/2035 ~ | 101760 | 89380 |
| **ACRA Trust** <br>5.608% due 10/25/2064 þ | 15955 | 15976 |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 4.047% due 01/25/2036 ~  | 18 | 16 |
| 4.609% due 02/25/2036 ~  | 1176 | 741 |
| 4.624% due 07/25/2035 ~  | 132 | 129 |
| 4.674% due 08/25/2036 • | 4809 | 1621 |
| 4.739% due 11/25/2035 ~  | 24 | 18 |
| 4.794% due 08/25/2036 • | 104 | 39 |
| 4.854% due 06/25/2037 • | 222 | 256 |
| 4.894% due 08/25/2036 ~  | 1552 | 1348 |
| 4.934% due 03/25/2036 • | 696 | 191 |
| 4.954% due 01/25/2036 • | 2205 | 2091 |
| 4.974% due 11/25/2035 • | 1959 | 1838 |
| 4.974% due 01/25/2036 • | 350 | 328 |
| 5.021% due 07/25/2035 ~  | 202 | 190 |
| 5.107% due 11/25/2035 ~  | 1343 | 945 |
| 5.365% due 01/25/2036 ~  | 3819 | 2880 |
| 5.384% due 08/25/2035 • | 1920 | 1705 |
| 5.433% due 03/25/2036 ~  | 9577 | 2323 |
| 5.460% due 09/25/2035 ~  | 329 | 290 |
| 5.584% due 01/25/2035 • | 3390 | 3015 |
| 5.964% due 05/25/2035 ~  | 1210 | 1189 |
| 6.024% due 01/25/2036 ~  | 471 | 446 |
| 6.088% due 07/25/2035 ~  | 706 | 662 |
| 6.806% due 08/25/2036 ~  | 3205 | 297 |
| 6.925% due 01/25/2035 ~  | 176 | 167 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **AG** **Trust** <br>6.327% due 07/15/2041 •  | 38061 | 38183 |
| **Alba PLC**  |  |  |
| 4.528% due 12/15/2038 • | 435 | 588 |
| 4.598% due 03/17/2039 • | 2560 | 3409 |
| **American General Mortgage Loan Trust**  |  |  |
| 0.000% due 09/25/2048 (h)  | $113710 | 98613 |
| 0.000% due 03/25/2058 (h)  | 66537 | 53384 |
| **American Home Mortgage Assets Trust**  |  |  |
| 4.624% due 05/25/2046 • | 4764 | 4181 |
| 4.624% due 12/25/2046 • | 20432 | 17463 |
| 4.644% due 10/25/2046 • | 154 | 78 |
| 4.814% due 09/25/2046 • | 14132 | 13272 |
| 4.814% due 06/25/2047 • | 1204 | 1132 |
| 5.099% due 02/25/2047 • | 25651 | 8937 |
| 5.319% due 11/25/2046 • | 143333 | 34795 |
| 6.750% due 06/25/2037  | 8865 | 7950 |
| **American Home Mortgage Investment Trust**  |  |  |
| 4.714% due 03/25/2046 • | 6061 | 5476 |
| 4.754% due 06/25/2046 • | 11161 | 1955 |
| 4.794% due 12/25/2046 • | 4787 | 4026 |
| 4.814% due 12/25/2046 • | 1684 | 1618 |
| 4.834% due 03/25/2046 • | 6564 | 5832 |
| 4.939% due 10/25/2034 • | 598 | 592 |
| 5.034% due 11/25/2045 • | 138 | 95 |
| 5.908% due 09/25/2035  | 18313 | 10062 |
| 6.000% due 06/25/2035  | 14163 | 9835 |
| 6.326% due 09/25/2035 • | 27387 | 10336 |
| 6.460% due 12/25/2035 • | 258 | 86 |
| 6.460% due 11/25/2045 • | 17964 | 6699 |
| **Angel Oak Mortgage Trust**  |  |  |
| 2.387% due 07/25/2066 ~  | 3345 | 2471 |
| 4.800% due 11/25/2067 þ  | 29555 | 29384 |
| 5.338% due 05/27/2069 þ  | 18415 | 18382 |
| 5.985% due 01/25/2069 þ  | 4367 | 4390 |
| 6.197% due 01/25/2069 þ  | 32473 | 32760 |
| 6.500% due 12/25/2067 þ  | 12360 | 12455 |
| **AOA Mortgage Trust** <br>5.301% due 10/15/2038 •  | 7275 | 7137 |
| **Atlas Funding PLC** <br>5.374% due 01/20/2061 •  | 4911 | 6776 |
| **ATLX Trust**  |  |  |
| 3.850% due 04/25/2063 þ  | $14265 | 13707 |
| 3.850% due 04/25/2064 þ  | 3257 | 3149 |
| **Avon Finance**  |  |  |
| 5.139% due 12/28/2049 • | 68996 | 94865 |
| 5.989% due 12/28/2049 • | 15118 | 20855 |
| 6.739% due 12/28/2049 • | 14835 | 20563 |
| 7.239% due 12/28/2049 • | 8841 | 12207 |
| **Avon Finance PLC**  |  |  |
| 0.000% due 11/28/2050 (b)(h)  | 16523 | 18480 |
| 0.000% due 11/28/2050 (a)  | 9500 | 7 |
| 5.338% due 11/28/2050 • | 334283 | 460615 |
| 5.988% due 11/28/2050 • | 31368 | 43264 |
| 6.738% due 11/28/2050 • | 18535 | 25613 |
| 7.238% due 11/28/2050 • | 10550 | 14578 |
| 7.738% due 11/28/2050 • | 11976 | 16452 |
| 8.238% due 11/28/2050 • | 14240 | 19446 |
| **BAMLL Commercial Mortgage Securities Trust**  |  |  |
| 0.952% due 07/07/2043 ~(a)  | $1191 | 13 |
| 2.847% due 04/20/2042  | 160580 | 127140 |
| 3.109% due 04/25/2050 «  | 130743 | 125854 |
| 3.109% due 08/25/2052 «  | 45364 | 39585 |
| 4.176% due 05/25/2056 ~  | 1380848 | 1317099 |
| 4.325% due 08/15/2046 ~  | 5000 | 4492 |
| 4.441% due 11/15/2046  | 415383 | 409791 |
| 4.441% due 08/15/2053  | 160044 | 139813 |
| 5.476% due 09/15/2038 • | 200 | 191 |
| **Banc of America Alternative Loan Trust**  |  |  |
| 4.834% due 06/25/2046 • | 1369 | 1111 |
| 5.500% due 10/25/2033  | 1835 | 1849 |
| 5.500% due 12/25/2035  | 43 | 39 |
| 6.000% due 07/25/2034  | 7199 | 7206 |
| 6.000% due 03/25/2036  | 1076 | 995 |
| 6.000% due 06/25/2046  | 86 | 75 |
| 6.000% due 07/25/2046  | 187 | 158 |
| **Banc of America Funding Corp.** <br>4.460% due 09/25/2048 ~ | 9855 | 9279 |
| **Banc of America Funding Trust**  |  |  |
| 2.786% due 12/20/2034 ~  | 98 | 72 |
| 2.997% due 03/20/2036 ~  | 369 | 297 |
| 3.620% due 04/20/2036 ~  | 266 | 217 |
| 3.654% due 05/26/2037 ~  | 28556 | 21875 |
| 4.419% due 09/20/2035 ~  | 5 | 5 |
| 4.474% due 03/20/2036 ~  | 26 | 23 |
| 4.504% due 11/20/2035 ~  | 1379 | 1158 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.524% due 06/20/2047 ~  | 982 | 874 |
| 4.564% due 10/25/2036 • | 3626 | 3099 |
| 4.621% due 10/20/2046 ~  | 235 | 199 |
| 4.646% due 05/26/2037 • | 3019 | 2671 |
| 4.690% due 05/20/2036 ~  | 1232 | 1090 |
| 4.705% due 04/20/2035 ~  | 68 | 62 |
| 4.734% due 03/25/2037 • | 2142 | 1565 |
| 4.752% due 02/20/2047 • | 2166 | 2015 |
| 4.784% due 09/20/2035 ~  | 92 | 79 |
| 4.785% due 11/20/2035 ~  | 1198 | 1036 |
| 4.786% due 11/20/2035 ~  | 2605 | 2211 |
| 4.804% due 06/25/2037 • | 1199 | 914 |
| 4.812% due 07/20/2036 • | 4952 | 4932 |
| 4.812% due 10/20/2036 • | 2610 | 2014 |
| 4.834% due 08/25/2036 • | 1014 | 838 |
| 4.846% due 05/20/2036 ~  | 57 | 50 |
| 4.846% due 09/20/2046 ~  | 516 | 466 |
| 4.852% due 06/20/2047 • | 7478 | 6127 |
| 4.882% due 05/20/2035 • | 3968 | 3874 |
| 4.934% due 07/25/2036 • | 15 | 11 |
| 4.992% due 05/20/2036 • | 64724 | 15709 |
| 4.994% due 07/25/2037 • | 10218 | 9780 |
| 5.014% due 07/25/2037 • | 6695 | 6417 |
| 5.052% due 09/20/2035 • | 2295 | 1741 |
| 5.064% due 03/20/2036 ~  | 228 | 203 |
| 5.078% due 01/20/2047 ~  | 49 | 43 |
| 5.234% due 05/25/2037 • | 843 | 723 |
| 5.427% due 05/20/2034 ~  | 301 | 277 |
| 5.482% due 04/20/2035 • | 7895 | 7047 |
| 5.490% due 05/25/2035 ~  | 7 | 6 |
| 5.500% due 09/25/2034  | 10 | 10 |
| 5.500% due 12/20/2034  | 112 | 114 |
| 5.500% due 04/25/2035  | 65 | 66 |
| 5.500% due 03/25/2036  | 32 | 29 |
| 5.613% due 05/20/2035 ~  | 1401 | 1242 |
| 5.750% due 01/25/2037  | 2044 | 1740 |
| 5.829% due 06/20/2035 • | 344 | 268 |
| 5.918% due 11/20/2035 ~  | 1525 | 1326 |
| 6.000% due 05/20/2033  | 13 | 13 |
| 6.000% due 02/25/2034  | 332 | 321 |
| 6.000% due 09/25/2036  | 2272 | 1958 |
| 6.000% due 08/25/2037  | 2471 | 2033 |
| 6.000% due 10/26/2037 ~  | 4134 | 3822 |
| 6.316% due 12/20/2036 ~  | 694 | 688 |
| 6.388% due 04/25/2037  | 181 | 157 |
| 6.474% due 07/20/2036 ~  | 992 | 1010 |
| 7.740% due 10/20/2035 ~  | 548 | 529 |
| **Banc of America Mortgage Trust**  |  |  |
| 2.622% due 07/25/2035 ~  | 529 | 400 |
| 3.194% due 08/25/2035 ~  | 598 | 552 |
| 3.198% due 12/25/2032 ~  | 131 | 110 |
| 3.496% due 06/25/2035 ~  | 314 | 224 |
| 4.005% due 02/25/2035 ~  | 274 | 235 |
| 4.843% due 01/25/2036 ~  | 457 | 399 |
| 4.858% due 10/25/2035 ~  | 1859 | 1757 |
| 5.056% due 02/25/2036 ~  | 1777 | 1645 |
| 5.118% due 02/25/2035 ~  | 63 | 61 |
| 5.175% due 05/25/2035 ~  | 672 | 566 |
| 5.329% due 11/20/2046 ~  | 10 | 9 |
| 5.340% due 12/25/2035 ~  | 1190 | 1096 |
| 5.403% due 05/25/2035 ~  | 1481 | 1326 |
| 5.442% due 06/25/2035 ~  | 56 | 52 |
| 5.500% due 03/25/2035  | 1482 | 1356 |
| 5.500% due 09/25/2035  | 1175 | 1039 |
| 5.545% due 11/25/2035 ~  | 958 | 850 |
| 5.625% due 09/25/2035 ~  | 187 | 165 |
| 5.678% due 01/25/2036 ~  | 1043 | 943 |
| 5.735% due 03/25/2033 ~  | 60 | 58 |
| 5.830% due 08/25/2035 ~  | 1024 | 979 |
| 5.855% due 07/25/2034 ~  | 163 | 157 |
| 5.900% due 04/25/2035 ~  | 76 | 76 |
| 6.000% due 09/25/2037  | 74 | 61 |
| 6.000% due 07/25/2046 • | 1671 | 1455 |
| 6.019% due 01/25/2035 ~  | 3846 | 3766 |
| 6.102% due 09/25/2035 ~  | 1380 | 1211 |
| 6.107% due 07/25/2035 ~  | 273 | 262 |
| 6.107% due 07/25/2035 ~  | 159 | 152 |
| 6.126% due 12/25/2033 ~  | 18 | 18 |
| 6.480% due 05/25/2034 ~  | 210 | 204 |
| 6.636% due 01/25/2034 ~  | 387 | 387 |
| 6.870% due 06/25/2034 ~  | 70 | 69 |
| 6.939% due 02/25/2035 ~  | 84 | 82 |
| 6.996% due 04/25/2033 ~  | 136 | 130 |
| 6.997% due 12/25/2033 ~  | 153 | 153 |
| 7.491% due 09/25/2033 ~  | 684 | 654 |
| 7.496% due 11/25/2035 ~  | 59 | 55 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.498% due 11/25/2033 ~  | 54 | 52 |
| **BANK** <br>0.451% due 02/15/2061 ~(a) | 215517 | 1821 |
| **Bank of America Mortgage Trust** <br>5.750% due 07/20/2032 ~ | 14 | 14 |
| **Barclays Mortgage Loan Trust**  |  |  |
| 0.000% due 07/25/2053 ~  | 178698 | 181252 |
| 0.000% due 03/25/2064 ~  | 4 | 4 |
| 8.197% due 03/25/2064 ~  | 161941 | 167128 |
| **Barrow Funding PLC**  |  |  |
| 0.000% due 11/16/2062 (h)  | 34588 | 34918 |
| 5.237% due 11/16/2062 • | 443779 | 609520 |
| 6.137% due 11/16/2062 • | 42391 | 58887 |
| 6.637% due 11/16/2062 • | 21161 | 29336 |
| 7.437% due 11/16/2062 • | 14131 | 19633 |
| 8.737% due 11/16/2062 • | 7101 | 9877 |
| 10.237% due 11/16/2062 • | 7030 | 9775 |
| **Bayview Commercial Asset Trust** <br>4.854% due 01/25/2037 •  | $25 | 24 |
| **BBCCRE Trust** <br>3.966% due 08/10/2033 | 5500 | 5085 |
| **BCAP LLC Trust**  |  |  |
| 1.106% due 11/26/2036 • | 4896 | 1479 |
| 4.021% due 06/26/2037 ~  | 4915 | 4387 |
| 4.024% due 06/26/2037 ~  | 742 | 651 |
| 4.049% due 06/25/2047 ~  | 1173 | 982 |
| 4.203% due 11/27/2047 ~  | 20906 | 16385 |
| 4.250% due 05/26/2047 ~  | 3229 | 2686 |
| 4.336% due 07/26/2036 ~  | 8491 | 3636 |
| 4.402% due 04/26/2037 ~  | 4477 | 2088 |
| 4.416% due 10/26/2035 ~  | 2462 | 2489 |
| 4.472% due 12/27/2049  | 83 | 30 |
| 4.576% due 08/26/2036 ~  | 8840 | 7957 |
| 4.622% due 02/26/2036 ~  | 1114 | 1053 |
| 4.646% due 05/27/2037 ~  | 4409 | 4000 |
| 4.774% due 01/25/2037 • | 249 | 229 |
| 4.777% due 12/20/2035 ~  | 9589 | 4352 |
| 4.794% due 03/25/2037 • | 2318 | 2096 |
| 4.799% due 03/26/2035 ~  | 429 | 414 |
| 4.814% due 10/25/2036 • | 1002 | 1036 |
| 4.839% due 07/26/2036 ~  | 159 | 133 |
| 4.874% due 05/25/2047 • | 2561 | 2326 |
| 4.966% due 10/26/2035 ~  | 1478 | 1046 |
| 4.985% due 11/26/2035 ~  | 119 | 115 |
| 5.079% due 05/26/2037 • | 7125 | 4908 |
| 5.241% due 05/26/2037 • | 2183 | 2108 |
| 5.250% due 02/26/2036 ~  | 666 | 253 |
| 5.250% due 04/26/2037  | 1290 | 722 |
| 5.678% due 01/26/2036 ~  | 795 | 643 |
| 5.750% due 04/25/2037  | 4827 | 2047 |
| 6.000% due 07/26/2036 ~  | 7198 | 3872 |
| 6.000% due 08/26/2037 ~  | 5846 | 5412 |
| 6.249% due 02/26/2036 ~  | 10 | 9 |
| 6.250% due 12/26/2036 ~  | 4483 | 3977 |
| 6.834% due 10/25/2047 • | 3885 | 2907 |
| 7.676% due 09/27/2037 • | 2787 | 2669 |
| **BCAP Ltd.** <br>4.021% due 06/27/2037 ~ | 4163 | 3676 |
| **BCP Trust** <br>5.225% due 06/15/2038 •  | 2300 | 2075 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 3.805% due 07/25/2036 ~  | 1491 | 1290 |
| 4.165% due 11/25/2034 ~  | 641 | 586 |
| 4.203% due 09/25/2034 ~  | 506 | 460 |
| 4.250% due 05/25/2047 ~  | 1832 | 1652 |
| 4.317% due 06/25/2047 ~  | 4369 | 3849 |
| 4.334% due 08/25/2047 ~  | 705 | 623 |
| 4.521% due 02/25/2036 ~  | 251 | 232 |
| 4.568% due 07/25/2034 ~  | 73 | 69 |
| 4.631% due 04/25/2034 ~  | 379 | 352 |
| 4.725% due 02/25/2036 ~  | 4 | 3 |
| 4.728% due 02/25/2047 ~  | 1729 | 1556 |
| 4.735% due 08/25/2047 ~  | 2842 | 2493 |
| 4.767% due 02/25/2047 ~  | 2359 | 2111 |
| 4.772% due 02/25/2034 ~  | 117 | 110 |
| 4.847% due 03/25/2035 ~  | 331 | 305 |
| 4.921% due 02/25/2035 ~  | 389 | 383 |
| 4.923% due 04/25/2034 ~  | 204 | 197 |
| 4.967% due 07/25/2033 ~  | 43 | 40 |
| 5.117% due 01/25/2035 ~  | 256 | 250 |
| 5.166% due 01/25/2035 ~  | 67 | 66 |
| 5.292% due 08/25/2035 ~  | 679 | 591 |
| 5.396% due 08/25/2035 ~  | 137 | 128 |
| 5.531% due 02/25/2036 ~  | 1004 | 920 |
| 5.699% due 05/25/2037 ~  | 2704 | 2250 |
| 6.087% due 08/25/2035 ~  | 680 | 682 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.291% due 02/25/2036 ~  | 32 | 31 |
| 6.325% due 10/25/2033 ~  | 77 | 71 |
| 6.367% due 11/25/2034 ~  | 9 | 8 |
| 6.373% due 12/25/2046 • | 3937 | 3285 |
| 6.398% due 12/25/2046 • | 1343 | 1179 |
| 6.530% due 02/25/2036 • | 27 | 25 |
| 6.559% due 08/25/2035 • | 3734 | 2429 |
| 6.896% due 05/25/2034 ~  | 10 | 9 |
| 6.971% due 11/25/2034 ~  | 229 | 217 |
| 7.011% due 01/25/2035 ~  | 13 | 13 |
| 7.080% due 10/25/2035 • | 811 | 769 |
| 7.250% due 07/25/2034 ~  | 17 | 16 |
| 7.335% due 02/25/2036 ~  | 921 | 823 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 1.625% due 01/25/2034 ~  | 35 | 28 |
| 3.168% due 04/25/2035 ~  | 248 | 202 |
| 3.250% due 02/25/2034 ~  | 31 | 29 |
| 3.959% due 04/25/2035 ~  | 279 | 255 |
| 4.053% due 03/25/2036 ~  | 5036 | 4104 |
| 4.180% due 08/25/2036 ~  | 11395 | 7665 |
| 4.186% due 05/25/2036 ~  | 8750 | 6245 |
| 4.192% due 08/25/2036 ~  | 2652 | 1214 |
| 4.243% due 11/25/2035 ~  | 4916 | 2656 |
| 4.269% due 05/25/2036 ~  | 8280 | 3706 |
| 4.308% due 04/25/2035 ~  | 207 | 203 |
| 4.328% due 09/25/2047 ~  | 17773 | 8635 |
| 4.333% due 11/25/2036 ~  | 1981 | 904 |
| 4.545% due 02/25/2036 ~  | 989 | 710 |
| 4.608% due 11/25/2036 ~  | 4129 | 2382 |
| 4.624% due 09/25/2035 ~  | 839 | 346 |
| 4.714% due 05/25/2036 ~  | 5557 | 2658 |
| 4.754% due 02/25/2034 • | 31 | 29 |
| 4.754% due 08/25/2036 • | 8185 | 7221 |
| 4.754% due 11/25/2036 • | 3851 | 3318 |
| 4.754% due 06/25/2046 • | 6021 | 5436 |
| 4.774% due 12/25/2046 • | 2172 | 1923 |
| 4.810% due 07/25/2035 ~  | 7152 | 4842 |
| 4.816% due 01/25/2047 ~  | 1525 | 738 |
| 4.823% due 06/25/2034 ~  | 242 | 231 |
| 4.849% due 02/25/2036 ~  | 5709 | 4836 |
| 4.874% due 04/25/2036 • | 2694 | 2395 |
| 4.905% due 09/25/2035 ~  | 3198 | 1836 |
| 4.907% due 11/25/2035 ~  | 6784 | 5227 |
| 4.914% due 02/25/2036 • | 1239 | 1184 |
| 4.971% due 05/25/2035 ~  | 177 | 173 |
| 5.074% due 04/25/2034 • | 43 | 42 |
| 5.084% due 02/25/2034 ~  | 33 | 31 |
| 5.109% due 04/25/2035 • | 350 | 478 |
| 5.122% due 01/25/2035 ~  | 227 | 205 |
| 5.156% due 09/25/2035 ~  | 3750 | 1731 |
| 5.167% due 05/25/2035 ~  | 527 | 509 |
| 5.174% due 01/25/2036 ~  | 2127 | 2018 |
| 5.197% due 07/25/2035 ~  | 15681 | 9894 |
| 5.207% due 01/25/2036 ~  | 8813 | 8352 |
| 5.220% due 05/25/2036 ~  | 10 | 6 |
| 5.289% due 06/25/2034 • | 927 | 976 |
| 5.326% due 10/25/2035 ~  | 9152 | 7625 |
| 5.364% due 11/25/2034 • | 4336 | 3704 |
| 5.371% due 02/25/2036 ~  | 525 | 493 |
| 5.378% due 01/25/2035 ~  | 43 | 41 |
| 5.409% due 07/25/2035 • | 1641 | 1615 |
| 5.447% due 01/25/2034 ~  | 86 | 84 |
| 5.467% due 04/25/2035 ~  | 74 | 70 |
| 5.467% due 05/25/2035 ~  | 91 | 88 |
| 5.559% due 01/25/2035 • | 4073 | 3873 |
| 5.910% due 08/25/2034 ~  | 447 | 436 |
| 5.964% due 09/25/2035 ~  | 3599 | 2844 |
| 6.084% due 09/25/2034 • | 6063 | 5974 |
| 6.159% due 07/25/2034 • | 2336 | 2597 |
| 6.454% due 09/25/2034 ~  | 20 | 20 |
| 6.528% due 12/25/2033 ~  | 162 | 159 |
| 6.625% due 09/25/2034 ~  | 70 | 68 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.034% due 12/25/2035 •  | 2637 | 1255 |
| **Bear Stearns Mortgage Funding Trust**  |  |  |
| 4.594% due 12/25/2046 • | 2518 | 2255 |
| 4.644% due 06/25/2037 • | 33930 | 32584 |
| 4.774% due 03/25/2037 • | 32914 | 31374 |
| 4.794% due 06/25/2037 • | 6469 | 6075 |
| 4.834% due 11/25/2036 • | 12193 | 11165 |
| 4.834% due 02/25/2037 • | 7344 | 6893 |
| 4.834% due 09/25/2046 • | 13458 | 11698 |
| 4.854% due 12/25/2036 • | 3670 | 3590 |
| 4.874% due 08/25/2036 • | 6966 | 6550 |
| **Bear Stearns Structured Products, Inc. Trust**  |  |  |
| 4.120% due 12/26/2046 ~  | 89 | 71 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.062% due 01/26/2036 ~  | 3538 | 2519 |
| 7.000% due 07/25/2037 ~  | 29892 | 9946 |
| **BellaVista Mortgage Trust**  |  |  |
| 4.932% due 05/20/2045 • | 91 | 59 |
| 5.036% due 01/22/2045 • | 371 | 348 |
| **Benchmark Mortgage Trust**  |  |  |
| 0.668% due 07/15/2053 ~(a)  | 68256 | 1654 |
| 1.527% due 12/17/2053 ~(a)  | 208669 | 11999 |
| 1.923% due 07/15/2053 ~(a)  | 94876 | 4699 |
| **BIG Commercial Mortgage Trust** <br>5.654% due 02/15/2039 •  | 3133 | 3127 |
| **BINOM Securitization Trust** <br>4.441% due 08/25/2057 ~ | 87707 | 85067 |
| **Bletchley Park Funding PLC** <br>5.094% due 07/27/2070 •  | 15639 | 21564 |
| **BSREP Commercial Mortgage Trust** <br>5.376% due 08/15/2038 •  | $5581 | 5312 |
| **BWAY Mortgage Trust** <br>5.676% due 09/15/2036 •  | 3000 | 2896 |
| **BX Commercial Mortgage Trust** <br>5.325% due 02/15/2039 •  | 18563 | 18563 |
| **BX Trust**  |  |  |
| 5.061% due 04/15/2039 • | 13467 | 13455 |
| 5.226% due 02/15/2036 • | 12386 | 12387 |
| 5.803% due 04/15/2037 • | 2764 | 2768 |
| **BXP Trust** <br>3.379% due 06/13/2039 | 28700 | 27777 |
| **CALI Mortgage Trust** <br>3.957% due 03/10/2039 | 9000 | 8508 |
| **Canada Square Funding PLC** <br>5.189% (SONIA3M IR + 0.950%) due 06/17/2058 ~ | 1143 | 1572 |
| **Cascade Funding Mortgage Trust**  |  |  |
| 3.000% due 03/25/2035 ~  | $41547 | 40682 |
| 4.000% due 10/25/2054 ~  | 61324 | 60028 |
| **Cendant Mortgage Capital LLC CDMC Mortgage Pass-Through Certificates** <br>5.639% due 07/25/2033 •  | 34 | 33 |
| **CFCRE Commercial Mortgage Trust** <br>1.202% due 11/10/2049 ~(a) | 141406 | 1240 |
| **Chase Home Lending Mortgage Trust**  |  |  |
| 3.250% due 03/25/2063 ~  | 76513 | 68932 |
| 3.250% due 09/25/2063 ~  | 75572 | 67763 |
| 3.250% due 03/25/2064 ~  | 46807 | 41694 |
| 3.250% due 08/25/2064 ~  | 35316 | 31342 |
| 3.250% due 09/25/2064 ~  | 45198 | 40277 |
| 3.375% due 12/25/2064 ~  | 13862 | 12417 |
| 3.500% due 06/25/2062 ~  | 37160 | 34187 |
| 5.555% due 09/25/2055 • | 51179 | 51228 |
| **Chase Mortgage Finance Trust**  |  |  |
| 4.266% due 03/25/2037 ~  | 2528 | 2361 |
| 4.639% due 01/25/2036 ~  | 221 | 202 |
| 4.745% due 12/25/2035 ~  | 32 | 29 |
| 4.834% due 05/25/2036 • | 8 | 2 |
| 4.897% due 09/25/2036 ~  | 7 | 5 |
| 5.103% due 12/25/2037 ~  | 237 | 205 |
| 5.500% due 11/25/2035  | 560 | 400 |
| 6.000% due 10/25/2036  | 448 | 164 |
| 6.000% due 11/25/2036  | 2031 | 805 |
| 6.000% due 12/25/2036  | 1004 | 404 |
| 6.000% due 02/25/2037  | 1503 | 577 |
| 6.000% due 03/25/2037  | 696 | 375 |
| 6.000% due 05/25/2037  | 11278 | 4805 |
| 6.000% due 06/25/2037  | 4749 | 1886 |
| 6.000% due 07/25/2037  | 692 | 301 |
| 6.250% due 10/25/2036  | 4087 | 1487 |
| 6.459% due 06/25/2035 ~  | 17 | 17 |
| 6.606% due 06/25/2035 ~  | 1 | 1 |
| 6.914% due 02/25/2037 ~  | 10 | 11 |
| **ChaseFlex Trust**  |  |  |
| 4.221% due 09/25/2036 ~  | 3045 | 2779 |
| 4.994% due 05/25/2037 • | 9065 | 8725 |
| 5.034% due 07/25/2037 • | 8178 | 7227 |
| 6.300% due 06/25/2036 ~  | 8387 | 7443 |
| **ChaseFlex Trust Multi-Class Mortgage Pass-Through Certificates**  |  |  |
| 4.145% due 08/25/2037 • | 5389 | 4517 |
| 4.283% due 08/25/2037  | 3615 | 3067 |
| 5.114% due 08/25/2037 • | 3672 | 3462 |
| **Chester A PLC**  |  |  |
| 0.000% due 03/17/2046 (h)  | 116570 | 156138 |
| 1.000% due 05/20/2046  | 9 | 45394 |
| 5.639% due 03/17/2046 • | 162408 | 223440 |
| 6.489% due 03/17/2046 • | 125536 | 172773 |
| 7.389% due 03/17/2046 • | 116569 | 160562 |
| 8.239% due 03/17/2046 • | 71735 | 98871 |
| 8.739% due 03/17/2046 • | 35868 | 49409 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates**  |  |  |
| 4.584% due 01/25/2036 • | $1381 | 1316 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.614% due 05/25/2036 • | 77 | 73 |
| 4.614% due 08/25/2047 • | 2958 | 2598 |
| 4.664% due 05/25/2036 • | 149 | 142 |
| 4.714% due 01/25/2035 • | 60 | 59 |
| 4.734% due 08/25/2035 • | 175 | 170 |
| **CIM Trust**  |  |  |
| 3.250% due 10/25/2058 ~  | 60096 | 54718 |
| 4.750% due 06/25/2064 ~  | 23209 | 23035 |
| 5.000% due 05/25/2062 ~  | 18052 | 18098 |
| 5.000% due 02/25/2099 þ  | 22006 | 21773 |
| 6.639% due 12/25/2067 þ  | 21663 | 21824 |
| **Citicorp Mortgage Securities Trust**  |  |  |
| 5.750% due 06/25/2036  | 75 | 68 |
| 6.000% due 08/25/2036  | 2024 | 1870 |
| **Citicorp Mortgage Securities, Inc.** <br>4.884% due 02/25/2035 •  | 254 | 237 |
| **Citigroup Commercial Mortgage Trust**  |  |  |
| 1.511% due 10/10/2049 ~(a)  | 264695 | 2430 |
| 3.349% due 02/10/2049  | 40000 | 39777 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 0.000% due 09/25/2037 ~  | 818 | 77 |
| 0.000% due 03/25/2052 ~  | 369326 | 314745 |
| 0.000% due 01/01/2054 ~  | 248315 | 257571 |
| 0.000% due 10/25/2054 ~  | 77340 | 81226 |
| 0.000% due 09/25/2060 ~  | 109418 | 81171 |
| 0.000% due 09/25/2060 ~(a)  | 652873 | 23142 |
| 0.000% due 10/25/2060 ~  | 60298 | 35912 |
| 0.000% due 10/25/2060 ~(a)  | 836613 | 35636 |
| 0.000% due 05/01/2061 ~  | 37169 | 20689 |
| 0.000% due 05/01/2061 ~(a)  | 917617 | 30506 |
| 0.000% due 08/01/2061 ~  | 22807 | 16250 |
| 0.000% due 08/01/2061 ~(a)  | 992627 | 85336 |
| 0.000% due 12/25/2061 ~  | 380735 | 305421 |
| 0.000% due 02/01/2062 ~  | 707974 | 573359 |
| 0.000% due 03/01/2062 ~  | 743144 | 616436 |
| 0.000% due 07/25/2062 ~  | 1087537 | 877501 |
| 0.000% due 10/25/2062 ~  | 390147 | 348234 |
| 0.000% due 02/25/2063 ~  | 937427 | 764215 |
| 0.000% due 10/25/2063 ~  | 329408 | 244896 |
| 0.000% due 09/25/2064 ~  | 513590 | 437286 |
| 0.000% due 03/01/2065 ~  | 27798 | 14261 |
| 0.000% due 03/01/2065 ~(a)  | 1730243 | 48611 |
| 0.000% due 09/25/2068 ~  | 429347 | 346913 |
| 0.000% due 03/01/2070 ~  | 19069 | 14866 |
| 0.000% due 03/01/2070 ~(a)  | 239023 | 15427 |
| 0.000% due 09/25/2076 ~  | 256691 | 210760 |
| 0.000% due 01/25/2082 (a)  | 299 | 292 |
| 0.110% due 10/25/2060 ~(a)  | 737401 | 3320 |
| 0.150% due 09/25/2060 ~(a)  | 590718 | 2134 |
| 0.150% due 05/01/2061 ~(a)  | 821504 | 5210 |
| 0.150% due 03/01/2070 ~(a)  | 221654 | 838 |
| 0.151% due 03/01/2065 ~(a)  | 1316123 | 7965 |
| 0.170% due 08/01/2061 ~(a)  | 900401 | 2062 |
| 1.500% due 10/25/2060 ~  | 449255 | 411127 |
| 1.500% due 03/01/2065 ~  | 1166753 | 1026632 |
| 1.500% due 03/01/2070 ~  | 102114 | 96357 |
| 2.000% due 08/01/2061 ~  | 634006 | 587307 |
| 2.097% due 09/25/2060 ~  | 427622 | 390382 |
| 2.125% due 05/01/2061 ~  | 611894 | 553006 |
| 2.250% due 03/01/2065 ~  | 135165 | 102477 |
| 2.500% due 10/25/2060 ~  | 69657 | 59249 |
| 2.500% due 05/01/2061 ~  | 68073 | 53302 |
| 2.625% due 08/01/2061 ~  | 84146 | 71511 |
| 2.750% due 03/01/2065 ~  | 101375 | 76595 |
| 2.750% due 03/01/2070 ~  | 23221 | 21214 |
| 2.795% due 10/25/2035 ~  | 1395 | 627 |
| 2.875% due 05/01/2061 ~  | 55309 | 42077 |
| 2.875% due 08/01/2061 ~  | 58828 | 48751 |
| 3.000% due 10/25/2060 ~  | 68367 | 57613 |
| 3.000% due 03/01/2065 ~  | 80097 | 60246 |
| 3.000% due 03/01/2070 ~  | 26154 | 23770 |
| 3.125% due 05/01/2061 ~  | 44369 | 33052 |
| 3.237% due 03/01/2065 ~  | 103877 | 72800 |
| 3.250% due 08/01/2061 ~  | 48403 | 39684 |
| 3.397% due 08/01/2061 ~  | 28297 | 24054 |
| 3.500% due 10/25/2060 ~  | 52242 | 44417 |
| 3.500% due 05/01/2061 ~  | 30998 | 23123 |
| 3.500% due 03/01/2070 ~  | 20531 | 18659 |
| 3.750% due 08/01/2061 ~  | 35744 | 30179 |
| 3.762% due 05/01/2061 ~  | 23096 | 16586 |
| 3.850% due 10/25/2060 ~  | 66433 | 54415 |
| 4.000% due 01/25/2066 ~  | 7535 | 6634 |
| 4.007% due 09/25/2060 ~  | 66282 | 56822 |
| 4.118% due 10/25/2046 ~  | 1080 | 956 |
| 4.129% due 03/25/2037 ~  | 5531 | 4082 |
| 4.145% due 01/25/2082 ~  | 210782 | 183885 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.400% due 09/25/2037 ~  | 216 | 215 |
| 4.413% due 09/25/2064 ~  | 82876 | 70359 |
| 4.503% due 03/01/2070 ~  | 21753 | 20373 |
| 4.504% due 01/25/2037 • | 120 | 107 |
| 4.564% due 06/25/2036 • | 327 | 316 |
| 4.719% due 08/25/2036 • | 27971 | 11414 |
| 4.753% due 06/25/2036 ~  | 392 | 379 |
| 4.754% due 09/25/2036 • | 1672 | 1581 |
| 4.764% due 12/25/2034 • | 45 | 43 |
| 4.770% due 03/25/2037 ~  | 796 | 698 |
| 4.783% due 09/25/2037 ~  | 3574 | 3227 |
| 4.784% due 11/25/2036 • | 2404 | 1899 |
| 4.836% due 12/25/2035 ~  | 4363 | 3913 |
| 4.859% due 05/20/2047 • | 6063 | 5402 |
| 4.934% due 09/25/2036 • | 259 | 245 |
| 5.084% due 11/25/2036 ~  | 1154 | 996 |
| 5.142% due 03/25/2035 ~  | 6502 | 6334 |
| 5.155% due 11/25/2036 ~  | 2877 | 1902 |
| 5.189% due 08/25/2035 • | 1789 | 1765 |
| 5.250% due 03/25/2037  | 1628 | 1222 |
| 5.384% due 09/25/2037 • | 1472 | 1307 |
| 5.452% due 03/25/2036 • | 854 | 819 |
| 5.461% due 03/25/2036 ~  | 511 | 502 |
| 5.476% due 03/25/2037 ~  | 448 | 416 |
| 5.500% due 11/25/2035  | 727 | 737 |
| 5.638% due 07/25/2036 ~  | 58 | 67 |
| 5.655% due 10/25/2035 ~  | 13 | 10 |
| 5.694% due 06/25/2036 ~  | 1488 | 1413 |
| 5.750% due 04/25/2047  | 3656 | 1957 |
| 5.988% due 08/25/2035 ~  | 125 | 119 |
| 6.000% due 05/25/2037  | 2107 | 1738 |
| 6.000% due 08/25/2037 ~  | 10952 | 4701 |
| 6.105% due 11/25/2036 ~  | 2298 | 2062 |
| 6.250% due 11/25/2037 ~  | 1952 | 784 |
| 6.300% due 03/25/2036 • | 87 | 87 |
| 6.373% due 08/25/2035 ~  | 10 | 10 |
| 6.490% due 05/25/2035 • | 9 | 9 |
| 6.500% due 10/25/2036 ~  | 5388 | 2778 |
| 6.756% due 03/25/2034 ~  | 151 | 140 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 0.000% due 02/25/2065 ~  | 384157 | 335604 |
| 3.587% due 05/25/2047 ~  | 13873 | 10725 |
| 4.251% due 12/25/2035 ~  | 179 | 110 |
| 5.103% due 04/25/2035 ~  | 735 | 701 |
| 5.804% due 05/25/2035 ~  | 418 | 398 |
| 6.000% due 05/25/2035  | 1353 | 1378 |
| **Citigroup Mortgage Loan Trust, Inc. Mortgage Pass-Through Certificates** <br>4.063% due 09/25/2035 ~ | 209 | 140 |
| **CitiMortgage Alternative Loan Trust**  |  |  |
| 1.016% due 02/25/2037 •(a)  | 1289 | 96 |
| 4.984% due 01/25/2037 • | 6635 | 5476 |
| 5.750% due 12/25/2036  | 209 | 185 |
| 5.750% due 03/25/2037  | 346 | 302 |
| 5.750% due 04/25/2037  | 2819 | 2488 |
| 6.000% due 07/25/2036  | 194 | 170 |
| 6.000% due 09/25/2036  | 3181 | 2950 |
| 6.000% due 11/25/2036  | 4871 | 4599 |
| 6.000% due 05/25/2037  | 6583 | 6218 |
| 6.000% due 06/25/2037  | 2475 | 2170 |
| 6.000% due 10/25/2037  | 1358 | 1255 |
| **CNL Commercial Mortgage Loan Trust** <br>4.926% due 05/15/2031 •  | 101 | 99 |
| **Colony Mortgage Capital Ltd.**  |  |  |
| 5.805% due 11/15/2038 • | 2155 | 2117 |
| 6.352% due 11/15/2038 • | 15102 | 14562 |
| **COLT Mortgage Loan Trust**  |  |  |
| 4.301% due 03/25/2067 ~  | 12368 | 12335 |
| 5.903% due 12/25/2068  | 13461 | 13542 |
| 6.393% due 06/25/2069 þ  | 26968 | 27323 |
| 6.421% due 05/25/2069  | 5942 | 6019 |
| **COLT Trust** <br>1.665% due 09/25/2061 ~ | 22550 | 20679 |
| **COMM Mortgage Trust**  |  |  |
| 0.000% due 04/10/2047 ~(a)  | 6434 | 0 |
| 0.914% due 08/10/2047 ~(a)  | 26322 | 98 |
| 1.441% due 10/10/2049 ~(a)  | 186623 | 1358 |
| 2.819% due 01/10/2039  | 2200 | 2093 |
| 3.140% due 10/10/2036  | 13000 | 12090 |
| 3.550% due 02/10/2049  | 463 | 463 |
| 4.228% due 05/10/2051  | 1400 | 1369 |
| 4.353% due 08/10/2030  | 19200 | 19175 |
| **Countrywide Alternative Loan Resecuritization Trust**  |  |  |
| 3.931% due 08/25/2037 ~  | 803 | 356 |
| 6.000% due 05/25/2036  | 50 | 28 |
| 6.000% due 08/25/2037 ~  | 1103 | 511 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Countrywide** **Alternative Loan Trust**  |  |  |
| 0.516% due 11/25/2035 •(a)  | 2468 | 170 |
| 0.666% due 11/25/2035 •(a)  | 2170 | 146 |
| 0.816% due 08/25/2036 •(a)  | 7343 | 612 |
| 3.179% due 06/25/2037 ~  | 73 | 59 |
| 3.244% due 06/25/2046 ~  | 3311 | 3081 |
| 3.470% due 05/25/2035 ~  | 1752 | 1390 |
| 4.279% due 08/25/2036 ~  | 268 | 252 |
| 4.400% due 06/25/2037 ~  | 1480 | 1411 |
| 4.612% due 02/20/2047 • | 13896 | 11163 |
| 4.622% due 03/20/2047 • | 14206 | 12214 |
| 4.627% due 12/20/2046 • | 27163 | 23749 |
| 4.642% due 09/20/2046 • | 7023 | 6688 |
| 4.642% due 02/20/2047 • | 4519 | 3655 |
| 4.644% due 04/25/2047 • | 10122 | 8859 |
| 4.668% due 03/25/2047 • | 2303 | 1815 |
| 4.674% due 06/25/2036 • | 6564 | 6161 |
| 4.704% due 04/25/2047 • | 9764 | 8452 |
| 4.714% due 06/25/2037 • | 12348 | 11256 |
| 4.724% due 06/25/2047 • | 9354 | 7678 |
| 4.734% due 06/25/2035 • | 2980 | 1909 |
| 4.734% due 07/25/2035 • | 2071 | 1278 |
| 4.734% due 08/25/2035 • | 886 | 559 |
| 4.734% due 05/25/2037 • | 3405 | 1404 |
| 4.754% due 06/25/2036 • | 8824 | 7452 |
| 4.754% due 11/25/2036 • | 6711 | 6640 |
| 4.754% due 01/25/2037 • | 16648 | 14665 |
| 4.754% due 05/25/2037 • | 3405 | 1409 |
| 4.754% due 07/25/2046 • | 3526 | 3418 |
| 4.754% due 09/25/2047 • | 12254 | 11361 |
| 4.764% due 05/25/2037 • | 6393 | 2672 |
| 4.784% due 06/25/2035 • | 2833 | 1959 |
| 4.784% due 07/25/2036 • | 13381 | 5123 |
| 4.784% due 11/25/2036 • | 3946 | 1722 |
| 4.784% due 03/01/2038 • | 4119 | 3033 |
| 4.789% due 09/25/2034 • | 106 | 98 |
| 4.794% due 11/25/2036 • | 1983 | 2577 |
| 4.794% due 05/25/2047 • | 4661 | 4291 |
| 4.804% due 02/25/2037 • | 302 | 88 |
| 4.814% due 08/25/2046 • | 9778 | 8376 |
| 4.814% due 09/25/2046 • | 14346 | 13862 |
| 4.814% due 10/25/2046 • | 1913 | 1782 |
| 4.819% due 02/25/2037 ~  | 435 | 386 |
| 4.832% due 07/20/2046 • | 4041 | 3433 |
| 4.834% due 03/25/2035 • | 1406 | 1328 |
| 4.834% due 02/25/2036 • | 1092 | 931 |
| 4.834% due 06/25/2036 • | 60 | 25 |
| 4.834% due 12/25/2036 • | 325 | 68 |
| 4.834% due 08/25/2037 • | 1950 | 1236 |
| 4.852% due 03/20/2046 • | 3359 | 3099 |
| 4.852% due 05/20/2046 • | 16769 | 14882 |
| 4.854% due 05/25/2035 • | 2615 | 2496 |
| 4.854% due 07/25/2046 • | 10386 | 9390 |
| 4.874% due 05/25/2035 • | 1196 | 1119 |
| 4.874% due 09/25/2047 • | 10804 | 10377 |
| 4.875% due 12/25/2035 ~  | 33 | 32 |
| 4.914% due 01/25/2037 • | 24776 | 21022 |
| 4.918% due 11/25/2035 ~  | 155 | 144 |
| 4.934% due 04/25/2034 • | 512 | 491 |
| 4.934% due 05/25/2035 • | 8204 | 6149 |
| 4.934% due 12/25/2035 • | 24367 | 14893 |
| 4.934% due 04/25/2036 • | 6028 | 2212 |
| 4.954% due 07/25/2035 • | 1250 | 1131 |
| 4.954% due 08/25/2035 • | 4635 | 4448 |
| 4.974% due 02/25/2036 • | 1879 | 1608 |
| 4.974% due 07/25/2036 • | 1493 | 1351 |
| 4.974% due 08/25/2047 • | 42509 | 36945 |
| 4.975% due 12/25/2035 ~  | 58 | 55 |
| 4.984% due 11/25/2035 • | 2468 | 1225 |
| 4.994% due 08/25/2035 • | 3154 | 3014 |
| 4.994% due 12/25/2035 • | 255 | 233 |
| 4.994% due 02/25/2037 • | 8900 | 7529 |
| 4.994% due 10/25/2046 • | 1937 | 1817 |
| 4.994% due 08/25/2047 • | 1570 | 1314 |
| 5.000% due 08/25/2035  | 2332 | 1560 |
| 5.014% due 02/25/2036 • | 5130 | 4659 |
| 5.014% due 05/25/2036 • | 3256 | 2791 |
| 5.034% due 12/25/2035 • | 17139 | 13140 |
| 5.036% due 03/25/2047 ~  | 4963 | 4730 |
| 5.042% due 10/25/2034 • | 3078 | 3063 |
| 5.054% due 08/25/2035 • | 515 | 473 |
| 5.054% due 11/25/2035 • | 3185 | 3005 |
| 5.076% due 11/20/2035 • | 4232 | 3786 |
| 5.094% due 09/25/2035 • | 1200 | 899 |
| 5.094% due 10/25/2035 • | 1236 | 819 |
| 5.096% due 11/20/2035 • | 23476 | 23083 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.134% due 09/25/2035 • | 7120 | 6503 |
| 5.134% due 12/25/2035 • | 10729 | 9328 |
| 5.184% due 01/25/2036 • | 3261 | 2007 |
| 5.234% due 08/25/2035 • | 992 | 505 |
| 5.234% due 01/25/2036 • | 1240 | 1148 |
| 5.249% due 11/25/2046 • | 556 | 500 |
| 5.339% due 06/25/2046 • | 1771 | 1627 |
| 5.383% due 08/25/2034 ~  | 1469 | 1390 |
| 5.399% due 12/25/2035 • | 6135 | 5353 |
| 5.434% due 08/25/2035 • | 3330 | 1774 |
| 5.500% due 01/25/2035  | 12119 | 12160 |
| 5.500% due 02/25/2035  | 247 | 242 |
| 5.500% due 03/25/2035  | 13792 | 12316 |
| 5.500% due 05/25/2035  | 9380 | 7548 |
| 5.500% due 06/25/2035  | 1891 | 1177 |
| 5.500% due 07/25/2035  | 2255 | 1837 |
| 5.500% due 08/25/2035  | 2625 | 2256 |
| 5.500% due 09/25/2035  | 19813 | 14108 |
| 5.500% due 10/25/2035  | 2076 | 1191 |
| 5.500% due 11/25/2035  | 9527 | 6133 |
| 5.500% due 12/25/2035  | 7541 | 3687 |
| 5.500% due 01/25/2036  | 4247 | 3125 |
| 5.500% due 02/25/2036  | 26636 | 16211 |
| 5.659% due 12/25/2034 ~  | 3563 | 3567 |
| 5.672% due 09/25/2034 ~  | 1052 | 1003 |
| 5.709% due 07/20/2035 • | 1073 | 986 |
| 5.749% due 08/25/2035 • | 1484 | 1278 |
| 5.750% due 05/25/2036  | 249 | 94 |
| 5.750% due 08/25/2036  | 3404 | 1682 |
| 5.750% due 03/25/2037  | 3379 | 1751 |
| 5.750% due 06/25/2037  | 2853 | 1220 |
| 5.750% due 07/25/2037  | 775 | 445 |
| 5.750% due 04/25/2047  | 1933 | 1000 |
| 5.765% due 11/25/2035  | 3272 | 1565 |
| 5.799% due 08/25/2035 • | 93 | 88 |
| 5.894% due 11/25/2035 • | 6177 | 5745 |
| 5.959% due 08/25/2035 • | 2517 | 2325 |
| 5.974% due 11/25/2035 • | 2533 | 2284 |
| 6.000% due 11/25/2034  | 5965 | 6197 |
| 6.000% due 02/25/2035  | 16175 | 12749 |
| 6.000% due 02/25/2036  | 27578 | 15159 |
| 6.000% due 03/25/2036  | 8811 | 3967 |
| 6.000% due 04/25/2036  | 12393 | 5788 |
| 6.000% due 05/25/2036  | 15019 | 7499 |
| 6.000% due 06/25/2036  | 7123 | 3865 |
| 6.000% due 07/25/2036  | 7198 | 3886 |
| 6.000% due 08/25/2036  | 3589 | 2038 |
| 6.000% due 11/25/2036  | 3862 | 1993 |
| 6.000% due 01/25/2037  | 799 | 662 |
| 6.000% due 02/25/2037  | 3279 | 1176 |
| 6.000% due 03/25/2037  | 3561 | 1255 |
| 6.000% due 04/25/2037  | 7488 | 3398 |
| 6.000% due 05/25/2037  | 14089 | 6027 |
| 6.000% due 06/25/2037  | 478 | 213 |
| 6.000% due 08/25/2037 • | 5112 | 2417 |
| 6.000% due 01/25/2047  | 5713 | 2921 |
| 6.044% due 06/25/2035 • | 184 | 174 |
| 6.074% due 11/25/2035  | 1697 | 811 |
| 6.084% due 08/25/2034 • | 2102 | 2081 |
| 6.084% due 10/25/2034 • | 2128 | 2102 |
| 6.250% due 10/25/2036  | 4609 | 2284 |
| 6.250% due 11/25/2036  | 4285 | 2017 |
| 6.250% due 12/25/2036  | 2958 | 1214 |
| 6.250% due 11/25/2046  | 1989 | 884 |
| 6.449% due 10/20/2035 • | 12364 | 8850 |
| 6.469% due 10/20/2035 • | 4038 | 3622 |
| 6.500% due 05/25/2036  | 2517 | 1142 |
| 6.500% due 06/25/2036  | 823 | 378 |
| 6.500% due 08/25/2036  | 2445 | 737 |
| 6.500% due 09/25/2036  | 6779 | 3413 |
| 6.500% due 12/25/2036  | 2384 | 1018 |
| 6.500% due 08/25/2037  | 9608 | 4053 |
| 6.500% due 09/25/2037  | 17747 | 6259 |
| 6.500% due 11/25/2037  | 7750 | 3458 |
| 7.000% due 08/25/2034  | 159 | 165 |
| 7.000% due 09/25/2036  | 24305 | 4808 |
| 7.250% due 08/25/2032  | 29 | 30 |
| 7.500% due 12/25/2034  | 104 | 13 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 3.297% due 02/25/2035 ~  | 4062 | 3310 |
| 3.375% due 04/20/2036 ~  | 193 | 166 |
| 3.433% due 03/25/2035 ~  | 163 | 127 |
| 3.655% due 04/25/2035 ~  | 361 | 285 |
| 3.884% due 07/19/2033 ~  | 305 | 295 |
| 3.901% due 02/25/2034 ~  | 134 | 128 |
| 3.944% due 05/25/2047 ~  | 1012 | 865 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.000% due 04/25/2047 ~  | 2145 | 2111 |
| 4.048% due 05/20/2036 ~  | 11779 | 10971 |
| 4.107% due 09/20/2035 ~  | 2966 | 2744 |
| 4.157% due 09/25/2037 ~  | 463 | 419 |
| 4.252% due 03/25/2037 ~  | 92 | 79 |
| 4.300% due 09/20/2036 ~  | 555 | 492 |
| 4.354% due 05/20/2036 ~  | 1657 | 1426 |
| 4.376% due 02/25/2047 ~  | 6398 | 5583 |
| 4.405% due 05/19/2033 ~  | 100 | 93 |
| 4.438% due 11/25/2037 ~  | 9345 | 8457 |
| 4.517% due 05/20/2036 ~  | 1064 | 969 |
| 4.545% due 06/20/2036 ~  | 3629 | 3200 |
| 4.607% due 11/25/2037 ~  | 12801 | 12238 |
| 4.623% due 04/20/2036 ~  | 829 | 751 |
| 4.627% due 11/20/2035 ~  | 397 | 371 |
| 4.688% due 11/25/2037 ~  | 13425 | 12523 |
| 4.699% due 05/20/2036 ~  | 1907 | 1822 |
| 4.704% due 04/25/2035 • | 966 | 918 |
| 4.720% due 02/20/2036 ~  | 2414 | 2126 |
| 4.734% due 04/25/2037 • | 3637 | 1160 |
| 4.735% due 04/25/2037 ~  | 1225 | 1148 |
| 4.766% due 09/25/2034 ~  | 13 | 12 |
| 4.780% due 10/20/2034 ~  | 536 | 489 |
| 4.784% due 11/25/2035 • | 3482 | 1043 |
| 4.784% due 05/25/2037 • | 2561 | 913 |
| 4.784% due 08/25/2037 • | 3745 | 1150 |
| 4.788% due 08/20/2035 ~  | 3154 | 2977 |
| 4.834% due 10/25/2035 • | 1102 | 493 |
| 4.834% due 04/25/2046 • | 238 | 229 |
| 4.860% due 09/25/2047 ~  | 674 | 608 |
| 4.893% due 11/20/2035 ~  | 13122 | 11284 |
| 4.894% due 05/25/2035 • | 175 | 153 |
| 4.914% due 03/25/2036 • | 4711 | 4401 |
| 4.924% due 11/20/2034 ~  | 128 | 122 |
| 4.924% due 11/20/2034 ~  | 1281 | 1224 |
| 4.925% due 01/25/2036 ~  | 1717 | 1632 |
| 4.928% due 10/20/2035 ~  | 654 | 644 |
| 4.934% due 05/25/2036 • | 1872 | 564 |
| 4.964% due 03/20/2036 ~  | 2992 | 2788 |
| 4.974% due 03/25/2035 • | 184 | 172 |
| 4.984% due 05/25/2033 • | 22 | 20 |
| 5.014% due 04/25/2035 • | 2678 | 2553 |
| 5.034% due 03/25/2035 • | 1129 | 654 |
| 5.034% due 05/25/2035 • | 9687 | 8506 |
| 5.038% due 07/25/2034 ~  | 48 | 45 |
| 5.074% due 03/25/2035 • | 9525 | 8553 |
| 5.094% due 02/25/2035 • | 232 | 216 |
| 5.114% due 02/25/2035 • | 527 | 489 |
| 5.117% due 03/25/2035 ~  | 51 | 48 |
| 5.134% due 03/25/2035 • | 1829 | 961 |
| 5.174% due 02/25/2035 • | 4565 | 4243 |
| 5.194% due 09/25/2034 • | 45 | 43 |
| 5.250% due 12/25/2027  | 360 | 213 |
| 5.250% due 07/25/2034  | 108 | 108 |
| 5.261% due 05/20/2034 ~  | 27 | 26 |
| 5.362% due 05/20/2035 ~  | 1291 | 1260 |
| 5.381% due 09/25/2034 ~  | 97 | 96 |
| 5.395% due 02/20/2035 ~  | 81 | 82 |
| 5.482% due 09/20/2035 ~  | 5362 | 5172 |
| 5.500% due 04/25/2035  | 11 | 9 |
| 5.500% due 05/25/2035  | 1575 | 1309 |
| 5.500% due 08/25/2035  | 3482 | 1834 |
| 5.500% due 09/25/2035  | 1836 | 1117 |
| 5.500% due 10/25/2035  | 3704 | 1940 |
| 5.500% due 11/25/2035  | 217 | 112 |
| 5.500% due 12/25/2035  | 32 | 17 |
| 5.500% due 01/25/2036  | 631 | 379 |
| 5.541% due 11/20/2035 ~  | 588 | 485 |
| 5.558% due 06/25/2047 ~  | 2184 | 2149 |
| 5.750% due 08/25/2034  | 126 | 124 |
| 5.750% due 02/25/2036  | 428 | 193 |
| 5.750% due 02/25/2037  | 186 | 78 |
| 5.750% due 03/25/2037  | 1945 | 834 |
| 5.750% due 05/25/2037  | 5414 | 2559 |
| 5.750% due 07/25/2037  | 1772 | 834 |
| 5.758% due 09/20/2034 ~  | 54 | 52 |
| 5.850% due 05/25/2036  | 2125 | 838 |
| 5.852% due 11/20/2034 ~  | 934 | 900 |
| 6.000% due 12/25/2035  | 11 | 6 |
| 6.000% due 04/25/2036  | 1444 | 700 |
| 6.000% due 02/25/2037  | 5663 | 2295 |
| 6.000% due 03/25/2037  | 3422 | 1502 |
| 6.000% due 04/25/2037  | 260 | 119 |
| 6.000% due 05/25/2037  | 2894 | 1253 |
| 6.000% due 07/25/2037  | 6298 | 2587 |
| 6.000% due 08/25/2037  | 5180 | 2232 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.000% due 09/25/2037  | 1937 | 972 |
| 6.000% due 10/25/2037  | 4397 | 3041 |
| 6.000% due 01/25/2038  | 7988 | 3366 |
| 6.012% due 10/25/2033 ~  | 21 | 20 |
| 6.093% due 12/19/2033 ~  | 4 | 4 |
| 6.248% due 02/20/2036 • | 469 | 434 |
| 6.250% due 09/25/2036  | 2031 | 785 |
| 6.250% due 10/25/2036  | 95 | 43 |
| 6.317% due 05/25/2034 ~  | 41 | 41 |
| 6.491% due 02/25/2034 ~  | 80 | 76 |
| 6.500% due 11/25/2036  | 7587 | 2223 |
| 6.500% due 05/25/2037  | 199 | 93 |
| 6.500% due 10/25/2037  | 14473 | 5440 |
| 6.500% due 11/25/2037  | 3314 | 1057 |
| 6.500% due 12/25/2037  | 20899 | 8298 |
| 6.500% due 11/25/2047  | 12577 | 5995 |
| 6.639% due 02/20/2036 • | 2041 | 1772 |
| 6.662% due 02/20/2036 • | 677 | 589 |
| 6.741% due 02/25/2034 ~  | 1 | 1 |
| 6.902% due 12/25/2033 ~  | 27 | 27 |
| 6.959% due 06/25/2034 ~  | 325 | 332 |
| 7.210% due 02/20/2036 • | 3233 | 2852 |
| 7.503% due 10/20/2034 ~  | 877 | 876 |
| **Countrywide Home Loan Reperforming REMIC Trust**  |  |  |
| 4.834% due 11/25/2034 • | 2813 | 2701 |
| 4.834% due 09/25/2035 • | 451 | 371 |
| 5.709% due 01/25/2034  | 12735 | 12028 |
| **Credit Suisse Commercial Mortgage Trust** <br>5.493% due 06/15/2034 •  | 173 | 167 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 2.584% due 01/25/2033 ~  | 378 | 343 |
| 4.029% due 09/25/2032 ~  | 125 | 112 |
| 5.084% due 09/25/2035 • | 2224 | 1477 |
| 5.089% due 11/25/2031 • | 393 | 228 |
| 5.229% due 11/25/2031 • | 175 | 82 |
| 5.250% due 09/25/2035  | 417 | 326 |
| 5.584% due 11/25/2034 • | 2614 | 2327 |
| 5.803% due 11/25/2032 ~  | 144 | 139 |
| 6.000% due 09/25/2033  | 39 | 40 |
| 6.000% due 01/25/2036  | 2539 | 1492 |
| 6.043% due 06/25/2046 ~  | 132287 | 125642 |
| 6.500% due 01/25/2036  | 353 | 78 |
| 6.553% due 04/25/2033 ~  | 252 | 250 |
| 7.000% due 01/25/2036  | 4856 | 803 |
| **Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates**  |  |  |
| 4.784% due 10/25/2035 • | 3038 | 2576 |
| 5.407% due 01/25/2034 ~  | 54 | 52 |
| 5.500% due 08/25/2034  | 182 | 168 |
| 5.500% due 06/25/2035  | 3261 | 2315 |
| 5.500% due 10/25/2035  | 2645 | 1098 |
| 6.000% due 11/25/2035  | 226 | 51 |
| 7.553% due 10/25/2033 ~  | 10 | 10 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 0.000% due 12/25/2054 (h)  | 22 | 22 |
| 0.000% due 02/25/2056 (h)  | 180 | 178 |
| 0.000% due 07/25/2057 (h)  | 220 | 213 |
| 0.000% due 01/25/2058 (h)  | 159 | 155 |
| 0.000% due 04/25/2058 (a)  | 10 | 9 |
| 0.000% due 07/25/2058 (h)  | 501 | 484 |
| 0.000% due 01/27/2059 (h)  | 324 | 318 |
| 0.000% due 01/27/2059 (a)  | 652475 | 0 |
| 0.000% due 04/25/2059 ~(a)  | 313658 | 19 |
| 0.000% due 09/25/2059 ~  | 314 | 304 |
| 0.000% due 10/25/2060 (h)  | 262 | 259 |
| 0.000% due 02/25/2061 ~(a)  | 267856 | 1756 |
| 0.000% due 05/25/2061 ~  | 204 | 202 |
| 0.000% due 11/25/2076 (h)  | 1134 | 1038 |
| 0.000% due 11/25/2076 (a)  | 756154 | 0 |
| 0.388% due 02/25/2061 ~(a)  | 231965 | 3347 |
| 0.393% due 05/25/2061 ~(a)  | 400907 | 5767 |
| 1.000% due 02/25/2061 ~(a)  | 111697 | 2072 |
| 1.250% due 02/25/2061 ~  | 111697 | 101482 |
| 1.484% due 05/25/2061 ~(a)  | 452253 | 20260 |
| 1.650% due 05/25/2061 ~  | 273328 | 235937 |
| 2.000% due 01/25/2060 ~  | 16475 | 14884 |
| 2.000% due 10/25/2060 ~  | 21588 | 19539 |
| 2.100% due 05/25/2061 ~  | 40232 | 26452 |
| 2.450% due 05/25/2061 ~  | 33691 | 24160 |
| 2.500% due 07/25/2057 ~  | 297056 | 272582 |
| 2.500% due 02/25/2061 ~  | 27143 | 22860 |
| 2.661% due 12/25/2048 ~  | 211392 | 195364 |
| 2.800% due 05/25/2061 ~  | 28457 | 19553 |
| 3.000% due 02/25/2061 ~  | 20262 | 16817 |
| 3.056% due 02/25/2056 ~  | 973838 | 759093 |
| 3.158% due 07/25/2057 ~  | 330636 | 208683 |
| 3.222% due 07/25/2058 ~  | 2331750 | 1839353 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.241% due 11/30/2037 ~  | 4505 | 4118 |
| 3.250% due 01/27/2059 ~  | 287581 | 276377 |
| 3.250% due 04/25/2059 ~  | 129023 | 124176 |
| 3.420% due 10/25/2060 ~  | 1263444 | 1016967 |
| 3.431% due 11/10/2032  | 8800 | 7212 |
| 3.494% due 10/27/2036 ~  | 34900 | 8955 |
| 3.500% due 04/26/2038 ~  | 1146 | 1121 |
| 3.500% due 11/25/2076 ~  | 321327 | 311482 |
| 3.570% due 01/25/2058 ~  | 142114 | 116068 |
| 3.593% due 04/25/2059 ~  | 182996 | 136413 |
| 3.639% due 05/25/2061 ~  | 76541 | 43691 |
| 3.699% due 02/25/2061 ~  | 108000 | 71405 |
| 3.784% due 02/25/2061 ~  | 686 | 680 |
| 3.799% due 01/27/2059 ~  | 356200 | 267356 |
| 3.800% due 11/25/2076 ~  | 430959 | 320675 |
| 3.904% due 04/25/2062 ~  | 26016 | 24772 |
| 3.962% due 09/25/2057 ~  | 21900 | 20704 |
| 4.000% due 08/27/2037 ~  | 7214 | 7007 |
| 4.000% due 08/01/2057 ~  | 15984 | 15136 |
| 4.094% due 04/27/2037 ~  | 8333 | 4105 |
| 4.269% due 09/25/2057 ~  | 501624 | 436639 |
| 4.335% due 08/27/2037 ~  | 7325 | 6449 |
| 4.419% due 12/25/2054 ~  | 141144 | 109831 |
| 4.484% due 06/25/2048 ~  | 547902 | 470385 |
| 4.547% due 05/25/2067 ~  | 15211 | 15166 |
| 4.654% due 05/27/2037 • | 7136 | 6334 |
| 4.699% due 05/27/2053 ~  | 80434 | 71884 |
| 4.719% due 10/27/2036 • | 2015 | 1573 |
| 4.779% due 07/27/2037 • | 920 | 887 |
| 4.784% due 11/25/2036 • | 1287 | 788 |
| 4.821% due 04/25/2058 ~  | 212281 | 196127 |
| 4.851% due 04/26/2047 ~  | 7991 | 4627 |
| 4.859% due 04/27/2036 ~  | 7592 | 6681 |
| 4.859% due 05/27/2036 ~  | 1732 | 1532 |
| 4.889% due 10/27/2036 • | 2435 | 741 |
| 4.919% due 05/27/2037 • | 25368 | 10800 |
| 4.934% due 07/25/2036 • | 13132 | 4709 |
| 4.939% due 02/27/2046 • | 9202 | 2607 |
| 5.000% due 04/25/2037  | 207 | 172 |
| 5.155% due 11/26/2036 ~  | 2523 | 1660 |
| 5.176% due 09/25/2059 ~  | 261125 | 244757 |
| 5.460% due 08/27/2036 ~  | 5077 | 4188 |
| 5.500% due 03/25/2037  | 6115 | 2732 |
| 5.561% due 04/25/2036 ~  | 4761 | 3617 |
| 5.587% due 04/25/2037 ~  | 10916 | 2712 |
| 5.746% due 04/25/2037 ~  | 37941 | 9487 |
| 5.826% due 07/15/2038 • | 28700 | 25901 |
| 6.000% due 08/25/2036  | 3281 | 1465 |
| 6.000% due 02/25/2037  | 1514 | 824 |
| 6.000% due 04/26/2037 ~  | 452 | 448 |
| 6.000% due 06/25/2037  | 2110 | 327 |
| 6.059% due 02/27/2047 ~  | 87603 | 33898 |
| 6.079% due 04/25/2037  | 20706 | 5839 |
| 6.250% due 06/25/2036  | 9748 | 5597 |
| 6.250% due 08/25/2036  | 644 | 233 |
| 6.799% due 09/26/2036 ~  | 396 | 375 |
| 7.000% due 08/26/2036  | 1444 | 374 |
| 7.183% due 06/01/2050 ~  | 519873 | 518261 |
| 7.502% due 07/25/2049 ~  | 513247 | 539789 |
| **Cross Mortgage Trust**  |  |  |
| 5.129% due 09/25/2069 ~  | 9186 | 9160 |
| 5.549% due 12/25/2069 ~  | 17106 | 17195 |
| 6.093% due 04/25/2069 þ  | 25646 | 25843 |
| 6.147% due 07/25/2069 þ  | 23442 | 23669 |
| 6.272% due 06/25/2069 þ  | 34146 | 34543 |
| 6.615% due 03/25/2068 þ  | 19450 | 19596 |
| **CRSNT Trust** <br>0.000% due 04/15/2036 ~(a) | 175301 | 0 |
| **CSAB Mortgage-Backed Trust**  |  |  |
| 5.737% due 05/25/2037 ~  | 13587 | 2989 |
| 6.589% due 12/25/2036 þ  | 15514 | 2271 |
| 6.672% due 06/25/2036 þ  | 206 | 52 |
| **CSMCM Trust**  |  |  |
| 0.000% due 07/25/2049 ~  | 31865 | 25493 |
| 0.000% due 07/25/2057 ~  | 32206 | 24162 |
| 0.000% due 01/27/2059 ~  | 27344 | 22056 |
| 0.000% due 09/25/2059 ~  | 24320 | 20511 |
| 0.000% due 10/27/2060 ~(a)  | 53485 | 41927 |
| 0.000% due 10/27/2060 ~  | 7065 | 5584 |
| 3.139% due 02/25/2061  | 11355 | 8933 |
| 3.500% due 05/25/2061  | 19042 | 15641 |
| 3.550% due 09/25/2048 ~  | 98689 | 70772 |
| 3.657% due 07/25/2049  | 21610 | 24616 |
| 4.342% due 09/25/2057 ~  | 21261 | 17949 |
| 7.030% due 10/25/2058 ~  | 8921 | 7475 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Cupressus** **Mortgages Holdco SARL** <br>1.000% due 10/24/2050 « | 2000 | 696 |
| **DBGS Mortgage Trust**  |  |  |
| 3.843% due 04/10/2037  | $2690 | 2539 |
| 5.821% due 10/15/2036 • | 26500 | 26251 |
| **DBJPM Mortgage Trust** <br>1.822% due 09/15/2053 ~(a) | 57646 | 2466 |
| **DC Commercial Mortgage Trust** <br>6.314% due 09/12/2040 | 18400 | 19213 |
| **Deutsche Alt-A Securities Mortgage Loan Trust**  |  |  |
| 4.584% due 02/25/2047 • | 4322 | 2426 |
| 4.674% due 08/25/2036 • | 2824 | 2569 |
| 4.674% due 01/25/2047 • | 2233 | 2109 |
| 4.694% due 12/25/2036 • | 2936 | 1012 |
| 4.694% due 08/25/2047 • | 25962 | 23991 |
| 4.714% due 07/25/2047 • | 6329 | 5886 |
| 4.734% due 12/25/2036 • | 1742 | 1609 |
| 4.734% due 03/25/2037 • | 17117 | 15990 |
| 4.754% due 03/25/2037 • | 14618 | 6887 |
| 4.814% due 08/25/2036 • | 3258 | 2957 |
| 4.814% due 10/25/2036 • | 13047 | 3608 |
| 4.814% due 12/25/2036 • | 2936 | 935 |
| 4.814% due 08/25/2047 • | 8252 | 7563 |
| 4.834% due 02/25/2047 • | 6675 | 6285 |
| 4.914% due 01/25/2047 • | 1817 | 1588 |
| 4.994% due 08/25/2036 • | 6321 | 5674 |
| 5.094% due 08/25/2037 • | 5674 | 4603 |
| 5.134% due 06/25/2037 • | 32913 | 28329 |
| 5.169% due 04/25/2047 • | 13851 | 12459 |
| 5.934% due 10/25/2047 • | 22654 | 17348 |
| **Deutsche Alt-A Securities, Inc. Mortgage Loan Trust**  |  |  |
| 4.640% due 10/25/2035 ~  | 155 | 126 |
| 4.784% due 04/25/2035 • | 1395 | 1265 |
| 5.250% due 09/25/2035 ~  | 2421 | 2189 |
| 5.500% due 11/25/2035 ~  | 19 | 34 |
| 5.500% due 11/25/2035  | 1831 | 843 |
| 5.500% due 12/25/2035  | 1183 | 996 |
| 5.784% due 11/25/2035 • | 1126 | 2068 |
| **Deutsche Alt-B Securities Mortgage Loan Trust**  |  |  |
| 4.734% due 04/25/2037 • | 20824 | 14675 |
| 5.431% due 02/25/2036 ~  | 1496 | 1370 |
| 5.530% due 02/25/2036 ~  | 2572 | 2355 |
| 5.650% due 10/25/2036 ~  | 7647 | 6688 |
| 5.900% due 10/25/2036 ~  | 3277 | 2862 |
| 6.369% due 10/25/2036  | 524 | 458 |
| 6.386% due 10/25/2036  | 83 | 72 |
| 6.420% due 07/25/2036 ~  | 4814 | 4201 |
| 6.600% due 10/25/2036  | 2279 | 1992 |
| **Deutsche Alt-B Securities, Inc. Mortgage Loan Trust** <br>4.678% due 06/25/2036 ~ | 5503 | 5095 |
| **Deutsche Mortgage Securities, Inc. Mortgage Loan Trust** <br>6.654% due 06/25/2034 ~ | 4 | 4 |
| **Dilosk Rmbs No. 10 STS DAC** <br>2.786% due 09/24/2060 •  | 12422 | 14629 |
| **Domi BV** <br>2.655% due 06/15/2056 •  | 13981 | 16444 |
| **DSLA Mortgage Loan Trust**  |  |  |
| 4.572% due 03/19/2037 • | $20041 | 16512 |
| 4.612% due 04/19/2047 • | 61 | 60 |
| 4.632% due 10/19/2036 • | 18507 | 12302 |
| 4.852% due 03/19/2045 • | 856 | 813 |
| 4.932% due 02/19/2045 • | 590 | 587 |
| 5.092% due 09/19/2045 • | 1216 | 636 |
| 5.212% due 11/19/2044 • | 1516 | 1405 |
| 5.232% due 11/19/2044 • | 29 | 27 |
| 5.252% due 09/19/2044 • | 1867 | 1685 |
| 5.274% due 07/19/2044 ~  | 214 | 203 |
| 5.339% due 04/19/2046 • | 8939 | 7286 |
| 5.527% due 07/19/2044 ~  | 5 | 5 |
| **Durham Mortgages A PLC**  |  |  |
| 0.000% due 05/28/2054 (h)  | 10 | 3851 |
| 0.000% due 05/28/2054 (b)(h)  | 50495 | 57981 |
| 5.038% due 05/28/2054 • | 765973 | 1054165 |
| 5.388% due 05/28/2054 • | 51843 | 71108 |
| 5.538% due 05/28/2054 • | 44096 | 60349 |
| 6.138% due 05/28/2054 • | 36945 | 50358 |
| 7.438% due 05/28/2054 • | 25027 | 34053 |
| 8.438% due 05/28/2054 • | 10725 | 14520 |
| **Durham Mortgages B PLC**  |  |  |
| 0.000% due 05/28/2055 (h)  | 10 | 35 |
| 0.000% due 05/28/2055 (b)(h)  | 55498 | 60981 |
| 5.138% due 05/28/2055 • | 653845 | 898120 |
| 5.388% due 05/28/2055 • | 45040 | 61572 |
| 5.538% due 05/28/2055 • | 46041 | 62760 |
| 5.988% due 05/28/2055 • | 33530 | 45509 |
| 6.938% due 05/28/2055 • | 28025 | 37926 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.738% due 05/28/2055 • | 27523 | 38118 |
| **Dutch Mortgage Finance BV**  |  |  |
| 0.000% due 08/22/2067 ~  | 1830 | 60749 |
| 2.810% due 08/22/2067 • | 932280 | 1100029 |
| 3.110% due 08/22/2067 • | 66160 | 78065 |
| 3.510% due 08/22/2067 • | 46312 | 54772 |
| 4.160% due 08/22/2067 • | 44327 | 52523 |
| 5.560% due 08/22/2067 • | 28448 | 32731 |
| 6.560% due 08/22/2067 • | 5889 | 6941 |
| 7.560% due 08/22/2067 • | 19849 | 22822 |
| **Dutch Mortgage Warehouse Finance BV** <br>0.000% due 07/31/2027 «~ | 61488 | 72514 |
| **Dutch Property Finance BV** <br>3.061% due 04/28/2064 •  | 4926 | 5824 |
| **E-MAC NL BV** <br>4.418% due 07/25/2036 •  | 163 | 190 |
| **Ellington Financial Mortgage Trust**  |  |  |
| 5.522% due 01/26/2060 þ  | $15899 | 16004 |
| 5.655% due 02/25/2060 þ  | 25165 | 25376 |
| 5.726% due 01/25/2060 þ  | 14926 | 15065 |
| 5.732% due 02/25/2068 þ  | 7706 | 7691 |
| **EMF-U.K. PLC** <br>5.338% due 03/13/2046 •  | 10139 | 13913 |
| **Eucalyptus Mortgages Ltd.** <br>1.000% due 10/24/2050 « | 114623 | 105433 |
| **Eurohome U.K. Mortgages PLC**  |  |  |
| 4.508% due 06/15/2044 • | 250 | 342 |
| 4.658% due 06/15/2044 • | 5200 | 7028 |
| 4.708% due 09/15/2044 • | 1600 | 2177 |
| **Eurosail PLC** <br>4.808% due 09/10/2044 •  | 1133 | 1535 |
| **Eurosail-U.K. PLC**  |  |  |
| 4.598% due 03/13/2045 • | 10151 | 13815 |
| 4.758% due 09/13/2045 • | 10645 | 14520 |
| 5.128% due 09/13/2045 • | 17880 | 23921 |
| 5.308% due 06/13/2045 • | 1232 | 1691 |
| **Finance of America Structured Securities Trust**  |  |  |
| 3.500% due 11/25/2074  | $146249 | 140707 |
| 3.500% due 02/25/2075  | 161846 | 155234 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 1.116% due 04/25/2037 •(a)  | 2342 | 193 |
| 4.355% due 01/25/2036 ~  | 2396 | 1182 |
| 4.493% due 02/25/2036 ~  | 48 | 35 |
| 4.706% due 08/25/2035 ~  | 531 | 440 |
| 4.804% due 02/25/2037 • | 155 | 42 |
| 4.805% due 02/25/2036 ~  | 857 | 691 |
| 5.081% due 09/25/2036 ~  | 2009 | 1520 |
| 5.103% due 04/25/2035 ~  | 2713 | 2681 |
| 5.184% due 04/25/2036 • | 1242 | 399 |
| 5.204% due 09/25/2035 ~  | 1556 | 1386 |
| 5.298% due 08/25/2034 ~  | 48 | 48 |
| 5.338% due 04/25/2036 ~  | 568 | 476 |
| 5.365% due 12/25/2035 ~  | 752 | 572 |
| 5.488% due 08/25/2035 ~  | 3 | 2 |
| 5.750% due 02/25/2036  | 2317 | 958 |
| 5.909% due 02/25/2035 ~  | 297 | 282 |
| 6.000% due 11/25/2036  | 917 | 230 |
| 6.023% due 03/25/2035 ~  | 159 | 155 |
| 6.250% due 11/25/2036  | 1768 | 461 |
| 6.250% due 08/25/2037  | 80 | 28 |
| **First Horizon Mortgage Pass-Through Trust**  |  |  |
| 0.000% due 10/25/2035 ~  | 37 | 0 |
| 4.892% due 11/25/2037 ~  | 23 | 9 |
| 5.040% due 01/25/2037 ~  | 318 | 160 |
| 5.187% due 05/25/2037 ~  | 1408 | 589 |
| 5.257% due 10/25/2035 ~  | 355 | 327 |
| 5.750% due 05/25/2037  | 131 | 39 |
| 6.344% due 11/25/2037 ~  | 797 | 578 |
| 6.431% due 08/25/2035 ~  | 36 | 26 |
| **FLAMENCO PLACEHODER 3MEUR** <br>3.980% due 12/31/2030 | 409500 | 428779 |
| **Fremont Home Loan Trust** <br>5.259% due 01/25/2034 •  | $1123 | 1068 |
| **GCAT Trust**  |  |  |
| 3.450% due 10/25/2068 ~  | 1000 | 934 |
| 4.250% due 05/25/2067 ~  | 16844 | 16020 |
| 6.007% due 01/25/2059 þ  | 12941 | 12997 |
| 6.085% due 06/25/2059 þ  | 18309 | 18470 |
| **GMAC Commercial Mortgage Asset Corp.** <br>5.550% due 08/10/2038 | 4439 | 4243 |
| **GMACM Mortgage Loan Trust**  |  |  |
| 3.678% due 11/19/2035 ~  | 92 | 80 |
| 3.808% due 03/18/2035 ~  | 2 | 2 |
| 3.846% due 11/19/2035 ~  | 43 | 37 |
| 4.068% due 03/18/2035 ~  | 173 | 157 |
| 7.401% due 03/18/2035 ~  | 68 | 68 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.500% due 05/25/2035 ~  | 310 | 291 |
| **Grace Trust** <br>0.390% due 12/10/2040 ~(a) | 174400 | 2467 |
| **Great Hall Mortgages PLC** <br>4.658% due 06/18/2039 •  | 24031 | 32645 |
| **GreenPoint Mortgage Funding Trust**  |  |  |
| 4.794% due 01/25/2037 • | $5404 | 4947 |
| 4.834% due 03/25/2047 • | 8325 | 7752 |
| 4.854% due 04/25/2036 • | 7446 | 6610 |
| 4.874% due 10/25/2046 • | 8189 | 7847 |
| 4.954% due 10/25/2045 • | 153 | 149 |
| 4.974% due 11/25/2045 • | 25 | 24 |
| 5.054% due 10/25/2045 • | 1622 | 1541 |
| 5.074% due 09/25/2046 • | 4467 | 3558 |
| **GreenPoint MTA Trust**  |  |  |
| 4.894% due 06/25/2045 • | 1173 | 929 |
| 4.914% due 08/25/2045 • | 124 | 105 |
| **Grifonas Finance PLC** <br>2.669% due 08/28/2039 •  | 10574 | 12114 |
| **Grosvenor Square RMBS PLC**  |  |  |
| 0.000% due 03/14/2053 (h)  | 1 | 22606 |
| 5.439% due 03/14/2053 • | 123095 | 169466 |
| 6.239% due 03/14/2053 • | 64660 | 89087 |
| 7.239% due 03/14/2053 • | 30790 | 42437 |
| 8.239% due 03/14/2053 • | 24633 | 33896 |
| 9.739% due 03/14/2053 • | 15395 | 21194 |
| 11.239% due 03/14/2053 • | 9237 | 12690 |
| 12.239% due 03/14/2053 • | 17503 | 24393 |
| **GS Mortgage Securities Corp. Pass-Through Trust**  |  |  |
| 7.500% due 10/25/2036 ~  | $1004 | 113 |
| 12.941% due 09/25/2036 ~  | 708 | 199 |
| **GS Mortgage Securities Corp. Resecuritization Trust**  |  |  |
| 3.845% due 04/26/2037 • | 43199 | 23383 |
| 4.574% due 10/26/2036 • | 21459 | 20086 |
| 4.574% due 02/26/2037 • | 18247 | 17147 |
| 4.799% due 11/26/2036 • | 12368 | 6692 |
| **GS Mortgage Securities Corp. Trust**  |  |  |
| 2.856% due 05/10/2034  | 40306 | 35215 |
| 5.380% due 12/15/2036 • | 17000 | 16923 |
| 5.559% due 07/15/2035 • | 6688 | 4486 |
| 5.680% due 12/15/2036 • | 2771 | 2766 |
| **GS Mortgage Securities Trust**  |  |  |
| 0.086% due 08/10/2044 ~(a)  | 1113 | 1 |
| 0.533% due 08/10/2043 ~(a)  | 16231 | 0 |
| 0.681% due 11/10/2049 ~(a)  | 106304 | 455 |
| **GS Mortgage-Backed Securities Corp. Trust** <br>2.000% due 12/25/2060 ~ | 12600 | 10919 |
| **GS Mortgage-Backed Securities Trust**  |  |  |
| 0.000% due 06/25/2061 ~  | 254 | 242 |
| 0.000% due 06/25/2061 ~(a)  | 577969 | 24676 |
| 0.000% due 01/25/2062 ~(a)  | 605 | 591 |
| 0.000% due 02/27/2062 (h)  | 563 | 456 |
| 0.000% due 02/25/2063 (h)  | 1291 | 1222 |
| 0.000% due 07/25/2063 (h)  | 368 | 359 |
| 0.000% due 01/25/2064 (b)(h)  | 72 | 70 |
| 0.000% due 03/25/2064 (b)(h)  | 1 | 1 |
| 0.000% due 03/25/2064 (h)  | 509 | 503 |
| 0.000% due 07/25/2064 (b)(h)  | 178 | 175 |
| 0.000% due 06/25/2065 (b)(h)  | 2351 | 2250 |
| 0.000% due 12/27/2067 ~(a)  | 2903 | 2531 |
| 0.000% due 08/25/2071 ~  | 922 | 760 |
| 0.660% due 03/25/2052 ~(a)  | 238396 | 9340 |
| 1.625% due 06/25/2061 ~  | 156297 | 145592 |
| 2.250% due 06/25/2061 ~  | 24938 | 21592 |
| 2.500% due 03/25/2052 ~  | 238396 | 194838 |
| 2.500% due 06/25/2061 ~  | 24253 | 20259 |
| 2.750% due 06/25/2061 ~  | 19676 | 16201 |
| 3.032% due 03/25/2052 ~  | 3749 | 1538 |
| 3.043% due 02/25/2063 ~  | 332457 | 282368 |
| 3.160% due 03/25/2052 ~  | 18889 | 16140 |
| 3.297% due 08/25/2071 ~  | 98402 | 93044 |
| 3.332% due 01/25/2064 ~  | 121823 | 102323 |
| 3.339% due 02/27/2062 ~  | 331364 | 289104 |
| 3.573% due 07/25/2064 ~  | 185713 | 160142 |
| 3.603% due 06/25/2065 ~  | 518574 | 462417 |
| 3.646% due 03/25/2064 ~  | 566377 | 475642 |
| 3.750% due 07/25/2061 ~  | 24541 | 23922 |
| 3.900% due 09/25/2061  | 20921 | 20355 |
| 3.995% due 07/25/2064 ~  | 73038 | 65953 |
| 4.045% due 06/25/2061 ~  | 55798 | 42757 |
| 4.100% due 07/25/2065  | 55300 | 53237 |
| 4.108% due 01/25/2062 ~  | 756370 | 711661 |
| 4.481% due 07/25/2063 ~  | 398725 | 368949 |
| 4.695% due 12/27/2067 ~  | 540704 | 464608 |
| 5.755% due 04/25/2065 ~  | 238584 | 247907 |
| 6.523% due 06/25/2063 ~  | 345232 | 348674 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.913% due 03/25/2064 ~  | 347763 | 357204 |
| **GSC Capital Corp. Mortgage Trust** <br>4.834% due 02/25/2036 •  | 3210 | 3047 |
| **GSCG Trust** <br>2.936% due 09/06/2034 | 12950 | 10359 |
| **GSMPS Mortgage Loan Trust**  |  |  |
| 4.784% due 01/25/2035 • | 13203 | 11559 |
| 4.784% due 03/25/2035 • | 2119 | 1989 |
| 4.834% due 06/25/2034 • | 20551 | 18462 |
| 7.056% due 10/20/2032 ~  | 7326 | 6865 |
| **GSR Mortgage Loan Trust**  |  |  |
| 3.800% due 01/25/2035 ~  | 9 | 8 |
| 3.970% due 08/25/2034 ~  | 183 | 170 |
| 4.250% due 03/25/2032  | 38 | 38 |
| 4.299% due 05/25/2035 ~  | 484 | 361 |
| 4.354% due 05/25/2037 ~  | 909 | 483 |
| 4.429% due 11/25/2035 ~  | 8 | 7 |
| 4.432% due 08/25/2034 ~  | 21 | 19 |
| 4.468% due 05/25/2037 ~  | 1251 | 1083 |
| 4.537% due 04/25/2036 ~  | 645 | 393 |
| 4.670% due 01/25/2036 ~  | 3 | 4 |
| 4.673% due 04/25/2035 ~  | 48 | 46 |
| 4.729% due 01/25/2036 ~  | 2315 | 2182 |
| 4.734% due 01/25/2035 • | 34 | 31 |
| 4.734% due 08/25/2035 • | 246 | 239 |
| 4.784% due 06/25/2035 • | 516 | 496 |
| 4.874% due 08/25/2046 • | 43701 | 9210 |
| 4.884% due 07/25/2037 • | 136 | 31 |
| 4.931% due 03/25/2037 ~  | 219 | 193 |
| 4.954% due 08/25/2046 • | 34126 | 7544 |
| 4.985% due 11/25/2035 ~  | 5 | 5 |
| 4.995% due 05/25/2037 ~  | 6394 | 4126 |
| 5.000% due 07/25/2036  | 5 | 0 |
| 5.068% due 12/25/2034 ~  | 741 | 98 |
| 5.080% due 10/25/2035 ~  | 1265 | 644 |
| 5.169% due 08/25/2034 ~  | 97 | 92 |
| 5.232% due 07/25/2035 ~  | 765 | 466 |
| 5.283% due 04/25/2035 ~  | 21 | 20 |
| 5.500% due 03/25/2036  | 729 | 944 |
| 5.500% due 01/25/2037  | 205 | 841 |
| 5.540% due 11/25/2035 ~  | 1062 | 512 |
| 5.750% due 02/25/2036  | 237 | 208 |
| 5.816% due 09/25/2034 ~  | 4 | 4 |
| 5.880% due 04/25/2032 • | 7 | 7 |
| 5.880% due 05/25/2034 • | 44 | 40 |
| 5.957% due 09/25/2035 ~  | 186 | 168 |
| 5.957% due 09/25/2035 ~  | 1261 | 1145 |
| 6.000% due 11/25/2035  | 243 | 81 |
| 6.000% due 02/25/2036  | 344 | 149 |
| 6.000% due 03/25/2036  | 10140 | 3361 |
| 6.000% due 06/25/2036  | 222 | 538 |
| 6.000% due 07/25/2036  | 1551 | 878 |
| 6.000% due 09/25/2036  | 1288 | 523 |
| 6.000% due 01/25/2037  | 37 | 22 |
| 6.250% due 10/25/2036  | 9286 | 8606 |
| 6.305% due 07/25/2035 ~  | 919 | 475 |
| 6.341% due 10/25/2035 ~  | 120 | 115 |
| 6.500% due 09/25/2036  | 1203 | 529 |
| 6.500% due 10/25/2036  | 547 | 190 |
| 6.538% due 05/25/2035 ~  | 383 | 287 |
| 6.654% due 05/25/2035 ~  | 1995 | 1726 |
| 6.916% due 11/25/2035 ~  | 150 | 78 |
| 6.922% due 01/25/2035 ~  | 136 | 129 |
| 7.000% due 07/25/2035 ~  | 145 | 144 |
| 7.323% due 09/25/2034 ~  | 221 | 223 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.012% due 08/19/2036 ~  | 213 | 181 |
| 4.306% due 06/19/2036 ~  | 238 | 97 |
| 4.594% due 05/25/2038 • | 9727 | 7784 |
| 4.636% due 07/21/2036 • | 5488 | 2615 |
| 4.652% due 07/19/2047 • | 7958 | 7720 |
| 4.692% due 03/19/2037 • | 18447 | 17082 |
| 4.732% due 01/25/2047 • | 8477 | 8094 |
| 4.772% due 12/19/2036 • | 1469 | 1336 |
| 4.787% due 06/19/2045 • | 3648 | 1668 |
| 4.801% due 11/19/2036 • | 8821 | 7693 |
| 4.812% due 09/19/2037 • | 15006 | 12931 |
| 4.812% due 02/19/2046 • | 1256 | 1170 |
| 4.824% due 07/19/2035 ~  | 3459 | 2585 |
| 4.832% due 05/19/2037 • | 31423 | 24972 |
| 4.842% due 12/19/2036 • | 39621 | 31104 |
| 4.852% due 11/19/2036 • | 11348 | 10397 |
| 4.854% due 06/19/2036 ~  | 98 | 49 |
| 4.912% due 01/19/2036 • | 80 | 81 |
| 4.912% due 12/19/2036 • | 13722 | 12956 |
| 4.932% due 01/19/2036 • | 341 | 221 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.972% due 03/19/2035 • | 972 | 987 |
| 4.972% due 07/19/2045 • | 7822 | 7179 |
| 4.992% due 02/19/2036 • | 3628 | 1590 |
| 4.992% due 10/20/2045 • | 5844 | 4043 |
| 5.002% due 06/19/2045 • | 12377 | 6757 |
| 5.012% due 07/19/2045 • | 1239 | 1072 |
| 5.052% due 11/19/2035 • | 347 | 225 |
| 5.052% due 08/19/2045 • | 177 | 168 |
| 5.072% due 01/19/2035 • | 127 | 102 |
| 5.092% due 09/19/2035 • | 856 | 509 |
| 5.132% due 01/19/2035 • | 705 | 677 |
| 5.174% due 12/19/2035 ~  | 1379 | 701 |
| 5.192% due 01/19/2035 • | 133 | 129 |
| 5.212% due 12/19/2034 • | 2001 | 1685 |
| 5.232% due 11/19/2034 • | 83 | 77 |
| 5.232% due 12/19/2034 • | 22 | 18 |
| 5.249% due 12/19/2036 • | 4911 | 4417 |
| 5.252% due 12/19/2034 • | 10064 | 8266 |
| 5.292% due 11/19/2034 • | 10295 | 7064 |
| 5.564% due 06/19/2034 • | 12 | 12 |
| 5.684% due 11/19/2034 ~  | 15 | 14 |
| 5.972% due 02/19/2036 • | 455 | 205 |
| 6.324% due 08/19/2034 ~  | 783 | 769 |
| 6.399% due 01/19/2036 • | 8371 | 3310 |
| 6.399% due 10/20/2045 • | 1899 | 1403 |
| 6.434% due 10/25/2037 • | 10446 | 9674 |
| 6.441% due 11/19/2034 ~  | 187 | 182 |
| **Hilton USA Trust**  |  |  |
| 0.614% due 11/05/2038 ~(a)  | 118960 | 511 |
| 2.828% due 11/05/2035  | 71800 | 61063 |
| **HomeBanc Mortgage Trust**  |  |  |
| 4.705% due 04/25/2037 ~  | 3175 | 2867 |
| 4.954% due 01/25/2036 • | 1952 | 1891 |
| 5.054% due 03/25/2035 • | 212 | 170 |
| 5.409% due 12/25/2034 • | 140 | 132 |
| 5.559% due 03/25/2035 • | 64 | 44 |
| 5.634% due 03/25/2035 • | 85 | 56 |
| **Homeward Opportunities Fund Trust** <br>5.082% due 07/25/2067 | 7473 | 7438 |
| **HSI Asset Loan Obligation Trust**  |  |  |
| 3.762% due 09/25/2037 ~  | 782 | 667 |
| 4.621% due 09/25/2037 ~  | 10081 | 8401 |
| 4.995% due 01/25/2037 ~  | 2123 | 1628 |
| 5.946% due 01/25/2037 ~  | 693 | 445 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 5.394% due 07/25/2035 • | 639 | 616 |
| 5.424% due 07/25/2035 • | 1614 | 1427 |
| **ILPT Commercial Mortgage Trust** <br>6.557% due 10/15/2039 •  | 27100 | 27112 |
| **IM Pastor FTA** <br>2.176% due 03/22/2044 •  | 8314 | 8758 |
| **Impac CMB Trust**  |  |  |
| 4.714% due 10/25/2035 • | $3610 | 3296 |
| 4.954% due 04/25/2035 • | 932 | 916 |
| 5.074% due 09/25/2034 • | 6 | 6 |
| 5.074% due 03/25/2035 • | 3025 | 2920 |
| 5.154% due 05/25/2035 • | 25 | 23 |
| 5.266% due 09/25/2034 þ  | 1556 | 1741 |
| 5.379% due 10/25/2034 • | 28 | 28 |
| 5.379% due 11/25/2034 • | 42 | 42 |
| **Impac Secured Assets Trust**  |  |  |
| 4.834% due 05/25/2036 • | 7 | 5 |
| 4.914% due 03/25/2037 • | 23620 | 20540 |
| 4.914% due 09/25/2037 • | 7210 | 6220 |
| 4.954% due 01/25/2037 • | 15492 | 13406 |
| 5.134% due 05/25/2036 • | 286 | 264 |
| 5.154% due 09/25/2037 • | 7462 | 6471 |
| 5.194% due 05/25/2037 • | 9846 | 8369 |
| 5.450% due 03/25/2033 ~  | 1033 | 1028 |
| 6.534% due 05/25/2036 • | 254 | 253 |
| **IndyMac Adjustable Rate Mortgage Trust** <br>6.636% due 01/25/2032 ~ | 3 | 3 |
| **IndyMac IMJA Mortgage Loan Trust** <br>6.250% due 11/25/2037 | 1846 | 729 |
| **IndyMac IMSC Mortgage Loan Trust**  |  |  |
| 6.000% due 06/25/2037  | 10325 | 6457 |
| 6.500% due 09/25/2037  | 90 | 48 |
| **IndyMac INDA Mortgage Loan Trust**  |  |  |
| 3.201% due 11/25/2035 ~  | 207 | 157 |
| 3.500% due 11/25/2037 ~  | 5920 | 4898 |
| 3.672% due 09/25/2036 ~  | 2367 | 1805 |
| 3.811% due 01/25/2036 ~  | 1480 | 1154 |
| 4.120% due 03/25/2037 ~  | 706 | 549 |
| 4.732% due 08/25/2037 ~  | 1098 | 1071 |
| 4.822% due 09/25/2037 ~  | 10218 | 5471 |
| 5.506% due 01/25/2036 ~  | 60 | 57 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **IndyMac** **INDX Mortgage Loan Trust**  |  |  |
| 3.055% due 09/25/2035 ~  | 2947 | 1958 |
| 3.157% due 06/25/2037 ~  | 4112 | 2431 |
| 3.203% due 06/25/2037 ~  | 8507 | 6911 |
| 3.332% due 01/25/2036 ~  | 28 | 25 |
| 3.341% due 05/25/2037 ~  | 2969 | 2384 |
| 3.345% due 06/25/2035 ~  | 43 | 34 |
| 3.384% due 05/25/2036 ~  | 12462 | 8342 |
| 3.404% due 07/25/2037 ~  | 16622 | 10884 |
| 3.421% due 06/25/2036 ~  | 180 | 112 |
| 3.446% due 06/25/2036 ~  | 457 | 397 |
| 3.453% due 08/25/2037 ~  | 51 | 36 |
| 3.513% due 01/25/2035 ~  | 294 | 267 |
| 3.524% due 05/25/2037 • | 37115 | 28808 |
| 3.571% due 06/25/2036 ~  | 18688 | 12820 |
| 3.677% due 02/25/2036 ~  | 2126 | 1530 |
| 3.678% due 10/25/2035 ~  | 4643 | 3760 |
| 3.679% due 05/25/2036 ~  | 7524 | 7324 |
| 3.736% due 08/25/2035 ~  | 5357 | 3919 |
| 3.772% due 05/25/2035 ~  | 1290 | 1143 |
| 3.897% due 07/25/2036 ~  | 5545 | 3626 |
| 3.910% due 12/25/2035 ~  | 975 | 535 |
| 3.943% due 05/25/2037 ~  | 14820 | 10003 |
| 3.961% due 11/25/2035 ~  | 1897 | 1799 |
| 4.004% due 09/25/2036 ~  | 56 | 36 |
| 4.089% due 09/25/2035 ~  | 4444 | 3660 |
| 4.157% due 12/25/2035 ~  | 2115 | 1298 |
| 4.365% due 12/25/2035 ~  | 4495 | 3216 |
| 4.445% due 06/25/2036 ~  | 2938 | 2273 |
| 4.500% due 01/25/2037 ~  | 2923 | 2479 |
| 4.514% due 11/25/2035 ~  | 2193 | 1355 |
| 4.546% due 08/25/2035 ~  | 1611 | 1483 |
| 4.552% due 11/25/2035 ~  | 5743 | 4068 |
| 4.597% due 03/25/2035 ~  | 13 | 12 |
| 4.674% due 07/25/2036 • | 4787 | 4679 |
| 4.694% due 10/25/2036 • | 47 | 42 |
| 4.734% due 06/25/2037 • | 7882 | 2787 |
| 4.794% due 01/25/2037 • | 3225 | 2838 |
| 4.807% due 07/25/2035 ~  | 4140 | 2164 |
| 4.814% due 09/25/2046 • | 5689 | 5129 |
| 4.834% due 10/25/2036 • | 1848 | 1665 |
| 4.834% due 06/25/2046 • | 11042 | 9647 |
| 4.834% due 11/25/2046 • | 18561 | 17609 |
| 4.854% due 04/25/2046 • | 5489 | 4978 |
| 4.854% due 05/25/2046 • | 24445 | 22174 |
| 4.874% due 04/25/2046 • | 4454 | 4041 |
| 4.894% due 04/25/2035 • | 1437 | 1343 |
| 4.894% due 09/25/2046 • | 4392 | 4404 |
| 4.914% due 04/25/2035 • | 3857 | 3182 |
| 4.914% due 07/25/2035 • | 997 | 919 |
| 4.914% due 06/25/2037 • | 11484 | 10683 |
| 4.934% due 02/25/2037 • | 29395 | 19562 |
| 4.954% due 06/25/2035 • | 2811 | 2252 |
| 4.954% due 07/25/2035 • | 10683 | 7140 |
| 4.994% due 03/25/2035 • | 163 | 161 |
| 4.994% due 07/25/2035 • | 1438 | 1170 |
| 5.014% due 11/25/2036 • | 5421 | 5113 |
| 5.074% due 02/25/2035 • | 817 | 754 |
| 5.074% due 07/25/2045 • | 2444 | 1943 |
| 5.114% due 02/25/2035 • | 610 | 538 |
| 5.134% due 01/25/2035 • | 1206 | 927 |
| 5.234% due 08/25/2034 • | 46 | 42 |
| 5.234% due 11/25/2034 • | 4 | 4 |
| 5.234% due 07/25/2046 • | 1056 | 937 |
| 5.314% due 09/25/2034 • | 49 | 43 |
| 5.533% due 04/25/2035 ~  | 6 | 6 |
| 5.994% due 10/25/2036 • | 6753 | 3520 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.250% due 05/25/2036 ~  | 577 | 321 |
| 4.667% due 01/25/2036 ~  | 1770 | 1120 |
| 4.794% due 06/25/2037 • | 28940 | 14848 |
| 4.834% due 06/25/2037 • | 10503 | 3915 |
| 5.004% due 11/25/2036 ~  | 2977 | 1530 |
| 5.843% due 05/26/2037 ~  | 23505 | 2005 |
| 6.000% due 03/25/2036  | 1519 | 723 |
| 6.000% due 12/27/2036  | 20520 | 10080 |
| 6.460% due 12/25/2036  | 2012 | 2024 |
| 6.500% due 03/25/2036  | 3801 | 1950 |
| 6.500% due 12/25/2036  | 36296 | 31242 |
| 6.810% due 08/25/2036  | 9415 | 9251 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 0.322% due 03/05/2042 ~(a)  | 158100 | 920 |
| 0.613% due 10/05/2040 ~(a)  | 217800 | 2559 |
| 1.448% due 08/15/2049 ~(a)  | 114106 | 1057 |
| 1.974% due 01/05/2040  | 15870 | 14374 |
| 2.287% due 03/05/2042  | 33500 | 30942 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| 4.128% due 07/05/2031  |  | 27783 | 25545 |
| 5.158% due 04/15/2037 • |  | 58164 | 57546 |
| 5.436% due 06/15/2038 • |  | 19290 | 18971 |
| 5.691% due 11/15/2038 • |  | 1350 | 1344 |
| 5.726% due 03/15/2036 • |  | 5000 | 4591 |
| 7.235% due 10/05/2040  |  | 70400 | 74948 |
| **JP Morgan Mortgage Trust**  |  |  |  |
| 0.000% due 02/25/2055 ~  |  | 137816 | 150167 |
| 4.428% due 10/25/2036 ~  |  | 174 | 97 |
| 4.438% due 06/25/2036 ~  |  | 243 | 166 |
| 4.481% due 01/25/2037 ~  |  | 228 | 178 |
| 4.504% due 10/25/2036 ~  |  | 571 | 411 |
| 4.523% due 05/25/2036 ~  |  | 1670 | 1365 |
| 4.533% due 06/25/2036 ~  |  | 100 | 67 |
| 4.625% due 07/25/2063 ~  |  | 32111 | 31286 |
| 4.682% due 06/25/2037 ~  |  | 193 | 153 |
| 4.750% due 01/25/2063 ~  |  | 11438 | 11187 |
| 4.751% due 04/25/2037 ~  |  | 3396 | 2796 |
| 4.825% due 08/25/2036 ~  |  | 4458 | 3597 |
| 4.881% due 08/25/2036 ~  |  | 1653 | 1292 |
| 5.049% due 10/25/2033 ~  |  | 9 | 9 |
| 5.071% due 07/25/2035 ~  |  | 4 | 4 |
| 5.078% due 11/25/2035 ~  |  | 2858 | 2245 |
| 5.177% due 06/25/2036 ~  |  | 1501 | 1025 |
| 5.188% due 08/25/2035 ~  |  | 1 | 1 |
| 5.198% due 05/25/2036 ~  |  | 606 | 514 |
| 5.250% due 04/25/2036 ~  |  | 3896 | 3404 |
| 5.250% due 11/25/2063 ~  |  | 787 | 787 |
| 5.298% due 06/25/2037 ~  |  | 2170 | 1675 |
| 5.308% due 02/25/2036 ~  |  | 1260 | 882 |
| 5.343% due 12/26/2037 ~  |  | 3766 | 2967 |
| 5.383% due 11/25/2035 ~  |  | 683 | 536 |
| 5.395% due 02/25/2034 ~  |  | 2 | 2 |
| 5.430% due 05/25/2036 ~  |  | 413 | 356 |
| 5.461% due 10/25/2035 ~  |  | 149 | 114 |
| 5.479% due 07/25/2035 ~  |  | 74 | 70 |
| 5.479% due 08/25/2035 ~  |  | 515 | 457 |
| 5.500% due 09/25/2035  |  | 1949 | 1458 |
| 5.500% due 01/25/2036  |  | 603 | 252 |
| 5.500% due 08/25/2037  |  | 2022 | 807 |
| 5.555% due 03/25/2055 • |  | 54504 | 54545 |
| 5.614% due 04/25/2037 ~  |  | 370 | 278 |
| 5.655% due 02/25/2055 • |  | 41629 | 41830 |
| 5.677% due 09/25/2035 ~  |  | 95 | 89 |
| 5.710% due 11/25/2035 ~  |  | 97 | 79 |
| 5.733% due 06/25/2035 ~  |  | 495 | 500 |
| 5.741% due 04/25/2036 ~  |  | 488 | 419 |
| 5.750% due 03/25/2037  |  | 340 | 121 |
| 5.807% due 08/25/2036 ~  |  | 344 | 284 |
| 5.816% due 10/25/2037 ~  |  | 3924 | 3133 |
| 5.823% due 07/25/2035 ~  |  | 470 | 455 |
| 5.843% due 04/25/2035 ~  |  | 64 | 62 |
| 5.875% due 02/25/2035 ~  |  | 4 | 4 |
| 5.929% due 06/25/2035 ~  |  | 25 | 26 |
| 5.981% due 10/25/2035 ~  |  | 155 | 152 |
| 5.990% due 07/25/2064 ~  |  | 14272 | 14369 |
| 6.000% due 10/25/2034  |  | 1413 | 981 |
| 6.000% due 07/25/2036  |  | 2145 | 932 |
| 6.000% due 06/25/2037  |  | 10941 | 3867 |
| 6.000% due 08/25/2037  |  | 14604 | 6349 |
| 6.030% due 10/25/2035 ~  |  | 5 | 4 |
| 6.036% due 04/25/2035 ~  |  | 27 | 26 |
| 6.071% due 06/25/2035 ~  |  | 30 | 25 |
| 6.373% due 07/25/2035 ~  |  | 123 | 122 |
| 6.500% due 09/25/2035  |  | 122 | 75 |
| 6.557% due 10/25/2036 ~  |  | 592 | 466 |
| 6.710% due 08/25/2035 ~  |  | 268 | 262 |
| 6.813% due 07/25/2035 ~  |  | 16 | 15 |
| 7.000% due 08/25/2037  |  | 765 | 381 |
| 7.473% due 10/25/2055 ~  |  | 272402 | 280668 |
| 9.000% due 07/01/2055 «  |  | 137200 | 148806 |
| **JP Morgan Re-REMIC** <br>3.498% due 11/26/2036 •  |  | 6869 | 6703 |
| **JP Morgan Seasoned Mortgage Trust**  |  |  |  |
| 3.700% due 01/25/2063 ~  |  | 45800 | 42954 |
| 4.446% due 01/25/2063 ~  |  | 4529 | 4344 |
| **JPMDB Commercial Mortgage Securities Trust**  |  |  |  |
| 0.822% due 12/15/2049 ~(a)  |  | 156682 | 1014 |
| 7.500% due 07/01/2055 «(c)  |  | 245023 | 251004 |
| **Jubilee Place BV** <br>2.804% due 09/17/2060 •  | EUR | 7898 | 9330 |
| **Kentmere PLC**  |  |  |  |
| 0.000% due 01/28/2051 (h)  | GBP | 23182 | 26982 |
| 5.082% due 01/28/2051 • |  | 180138 | 248189 |
| **Kinbane DAC**  |  |  |  |
| 2.739% due 09/25/2062 ~  | EUR | 32874 | 39259 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.188% due 01/24/2063 ~  | 64537 | 76180 |
| 3.289% due 09/25/2062 ~  | 28699 | 34306 |
| 3.789% due 09/25/2062 ~  | 19800 | 23657 |
| 4.289% due 09/25/2062 ~  | 11900 | 13997 |
| **Kirkby RMBS PLC**  |  |  |
| 0.000% due 02/22/2045 ~  | 6 | 13067 |
| 2.250% due 02/22/2045  | 26742 | 22737 |
| 5.156% due 02/22/2045 • | 100439 | 137448 |
| 6.356% due 02/22/2045 • | 82543 | 110118 |
| **Landmark Mortgage Securities PLC**  |  |  |
| 2.701% due 06/17/2039 • | 692 | 800 |
| 4.558% due 06/17/2039 • | 2922 | 3950 |
| 4.711% due 04/17/2044 • | 16506 | 21989 |
| **Legacy Mortgage Asset Trust**  |  |  |
| 0.000% due 12/25/2053 (b)(h)  | $416 | 409 |
| 0.000% due 12/25/2056 ~(a)  | 705313 | 4763 |
| 0.000% due 07/25/2057 (h)  | 459 | 447 |
| 0.000% due 07/25/2057 ~  | 201462 | 190472 |
| 0.000% due 04/25/2058 ~  | 326 | 313 |
| 0.000% due 08/26/2058 (h)  | 714 | 643 |
| 0.000% due 01/28/2070 ~  | 3697 | 2642 |
| 0.125% due 12/26/2057 ~(a)  | 337934 | 1543 |
| 1.326% due 12/26/2057 ~(a)  | 60019 | 547 |
| 3.053% due 12/25/2056 ~  | 705313 | 553211 |
| 3.750% due 04/25/2058 ~  | 93788 | 91962 |
| 3.838% due 06/25/2057 ~  | 94148 | 87582 |
| 4.000% due 02/25/2058 ~  | 104258 | 103489 |
| 4.000% due 04/25/2058 ~  | 106604 | 96690 |
| 4.118% due 04/25/2058 ~  | 51618 | 28395 |
| 4.250% due 02/25/2058 ~  | 132996 | 129944 |
| 4.250% due 08/26/2058 ~  | 356892 | 348200 |
| 4.326% due 02/25/2058 ~  | 132995 | 94281 |
| 4.492% due 08/26/2058 ~  | 178636 | 134861 |
| 4.500% due 02/25/2058 ~  | 132996 | 123169 |
| 4.560% due 01/25/2058 ~  | 149859 | 136261 |
| 4.576% due 12/26/2057 ~  | 273660 | 222135 |
| 4.650% due 11/25/2060  | 13645 | 13653 |
| 5.754% due 01/28/2070 ~  | 369365 | 365657 |
| 5.820% due 12/25/2053 ~  | 1272058 | 1315894 |
| **Lehman Mortgage Trust**  |  |  |
| 2.266% due 03/25/2037 •(a)  | 11884 | 1155 |
| 4.362% due 12/25/2035 ~  | 2881 | 438 |
| 4.741% due 07/25/2037 ~  | 2732 | 1428 |
| 4.754% due 10/25/2036 • | 6457 | 1505 |
| 4.854% due 12/25/2036 • | 5849 | 1184 |
| 5.034% due 07/25/2036 • | 4805 | 1780 |
| 5.094% due 01/25/2036 ~  | 665 | 642 |
| 5.334% due 12/25/2035 • | 550 | 300 |
| 5.500% due 12/25/2035  | 24 | 13 |
| 5.743% due 04/25/2036 ~  | 2761 | 1721 |
| 5.750% due 12/25/2035  | 3159 | 1945 |
| 6.000% due 01/25/2036  | 103 | 86 |
| 6.000% due 08/25/2037  | 1199 | 1130 |
| 6.500% due 09/25/2037  | 4650 | 1836 |
| **Lehman XS Trust**  |  |  |
| 4.674% due 08/25/2036 • | 2354 | 2511 |
| 4.734% due 11/25/2035 • | 3 | 3 |
| 4.814% due 12/25/2036 • | 2286 | 1786 |
| 4.814% due 11/25/2046 • | 121 | 107 |
| 4.834% due 08/25/2046 • | 6096 | 6202 |
| 4.834% due 11/25/2046 • | 8154 | 7562 |
| 4.834% due 03/25/2047 • | 49944 | 42549 |
| 4.834% due 07/25/2047 • | 6872 | 6691 |
| 4.844% due 08/25/2046 • | 4286 | 3848 |
| 4.854% due 09/25/2046 • | 70 | 69 |
| 4.914% due 03/25/2047 • | 10849 | 9320 |
| 5.034% due 12/25/2035 • | 5 | 4 |
| 5.034% due 08/25/2037 • | 20513 | 19421 |
| 5.534% due 07/25/2047 • | 25833 | 18640 |
| 5.610% due 07/25/2035  | 529 | 475 |
| 5.899% due 03/25/2047 • | 6447 | 5773 |
| **Ludgate Funding PLC**  |  |  |
| 2.488% due 01/01/2061 • | 1368 | 1558 |
| 4.519% due 01/01/2061 • | 13832 | 18548 |
| 4.547% due 12/01/2060 • | 5253 | 7099 |
| 4.959% due 01/01/2061 • | 3133 | 4262 |
| **Lugo Funding DAC** <br>3.049% due 05/26/2066 •  | 174140 | 205558 |
| **Luminent Mortgage Trust**  |  |  |
| 3.072% due 04/25/2036 ~  | $2767 | 1731 |
| 4.754% due 11/25/2036 • | 1756 | 1557 |
| 4.774% due 12/25/2036 • | 8102 | 7397 |
| 4.834% due 02/25/2046 • | 17234 | 12310 |
| 4.994% due 05/25/2037 • | 2686 | 2611 |
| **LUX** <br>7.002% due 08/15/2040 •  | 36100 | 36401 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Manhattan** **West Mortgage Trust** <br>0.283% due 09/10/2039 ~(a) | 807900 | 3036 |
| **Mansard Mortgages PLC** <br>5.008% due 12/15/2049 •  | 3312 | 4514 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 3.191% due 07/25/2035 ~  | $595 | 524 |
| 3.420% due 07/25/2035 ~  | 133 | 119 |
| 3.588% due 09/25/2035 ~  | 727 | 438 |
| 3.841% due 04/25/2035 ~  | 1561 | 1421 |
| 3.952% due 09/25/2033 ~  | 256 | 246 |
| 4.085% due 10/25/2034 ~  | 125 | 114 |
| 4.287% due 12/25/2033 ~  | 6 | 6 |
| 4.650% due 12/25/2032 ~  | 265 | 251 |
| 4.914% due 05/25/2037 • | 720 | 283 |
| 5.017% due 11/25/2036 ~  | 36 | 19 |
| 5.062% due 04/25/2034 ~  | 383 | 382 |
| 5.114% due 05/25/2047 • | 5735 | 4682 |
| 5.389% due 09/25/2034 ~  | 23 | 22 |
| 5.534% due 09/25/2037 • | 21335 | 8539 |
| 6.043% due 11/21/2034 ~  | 113 | 109 |
| 6.058% due 05/25/2034 ~  | 237 | 229 |
| 6.176% due 01/25/2036 ~  | 1246 | 1212 |
| 6.266% due 05/25/2034 ~  | 57 | 56 |
| 6.562% due 09/25/2034 ~  | 432 | 389 |
| 6.625% due 10/25/2032 ~  | 29 | 29 |
| 6.625% due 09/25/2033 ~  | 8 | 8 |
| 6.625% due 12/25/2033 ~  | 13 | 13 |
| 6.731% due 12/21/2034 ~  | 37 | 36 |
| 6.782% due 06/25/2035 ~  | 2 | 2 |
| 6.833% due 04/21/2034 ~  | 3854 | 3805 |
| 7.500% due 07/25/2034 ~  | 78 | 75 |
| **MASTR Alternative Loan Trust**  |  |  |
| 5.500% due 07/25/2034  | 616 | 624 |
| 5.500% due 08/25/2034  | 1392 | 1382 |
| 5.500% due 04/25/2035  | 230 | 137 |
| 5.750% due 11/25/2033  | 1497 | 1454 |
| 7.000% due 06/25/2034  | 6 | 6 |
| **MASTR Asset Securitization Trust**  |  |  |
| 5.500% due 06/26/2034  | 7 | 6 |
| 6.000% due 06/25/2036  | 127 | 70 |
| 6.000% due 06/25/2036 • | 1004 | 567 |
| 6.250% due 01/25/2038  | 3834 | 2000 |
| **MASTR Reperforming Loan Trust**  |  |  |
| 4.214% due 05/25/2036 ~  | 128 | 104 |
| 4.784% due 05/25/2035 • | 1428 | 698 |
| 4.794% due 07/25/2035 • | 15174 | 7331 |
| **MASTR Seasoned Securitization Trust**  |  |  |
| 4.500% due 02/25/2033  | 104 | 100 |
| 5.996% due 10/25/2032 ~  | 41 | 41 |
| 6.250% due 05/25/2032 ~  | 128 | 126 |
| 6.500% due 08/25/2032 ~  | 17 | 17 |
| 7.214% due 10/25/2032 ~  | 32 | 31 |
| 7.562% due 10/25/2032 ~  | 8 | 8 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Certificates**  |  |  |
| 5.126% due 11/15/2031 • | 39 | 38 |
| 5.166% due 09/15/2030 • | 30 | 28 |
| **Merrill Lynch Alternative Note Asset Trust**  |  |  |
| 4.563% due 06/25/2037 ~  | 20433 | 9285 |
| 4.574% due 01/25/2037 • | 50367 | 15189 |
| 4.654% due 03/25/2037 • | 24562 | 5782 |
| 4.734% due 01/25/2037 • | 6380 | 1924 |
| 4.834% due 03/25/2037 • | 17533 | 4576 |
| 4.854% due 03/25/2037 • | 14106 | 2356 |
| 5.034% due 03/25/2037 • | 210 | 49 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 3.186% due 02/25/2034 ~  | 259 | 223 |
| 3.960% due 09/25/2036 ~  | 5470 | 4151 |
| 4.027% due 09/25/2037 ~  | 3050 | 2637 |
| 4.284% due 05/25/2034 ~  | 44 | 39 |
| 4.448% due 03/25/2036 ~  | 1543 | 765 |
| 4.734% due 09/25/2037 • | 5028 | 2776 |
| 4.750% due 07/25/2033 ~  | 54 | 52 |
| 4.894% due 04/25/2029 • | 204 | 189 |
| 4.894% due 03/25/2030 • | 35 | 34 |
| 4.894% due 09/25/2037 • | 9056 | 5057 |
| 5.094% due 06/25/2028 • | 265 | 248 |
| 5.094% due 11/25/2029 • | 411 | 366 |
| 5.114% due 04/25/2028 • | 2 | 2 |
| 5.133% due 03/25/2030 • | 72 | 63 |
| 5.154% due 04/25/2035 ~  | 580 | 521 |
| 5.161% due 07/25/2030 • | 62 | 61 |
| 5.232% due 09/25/2035 ~  | 26 | 21 |
| 5.255% due 01/25/2030 • | 1 | 1 |
| 5.258% due 06/25/2037 ~  | 3635 | 3507 |
| 5.313% due 10/25/2028 • | 6 | 6 |
| 5.333% due 11/25/2029 • | 10 | 9 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.335% due 01/25/2029 • | 63 | 55 |
| 5.364% due 05/25/2029 ~  | 32 | 29 |
| 5.399% due 07/25/2035 ~  | 281 | 118 |
| 5.519% due 02/25/2035 ~  | 615 | 581 |
| 5.742% due 02/25/2036 ~  | 1035 | 1020 |
| 5.786% due 07/25/2035 ~  | 293 | 262 |
| 5.995% due 05/25/2036 ~  | 663 | 650 |
| 6.018% due 12/25/2035 ~  | 742 | 719 |
| 6.103% due 12/25/2035 ~  | 1715 | 809 |
| 6.152% due 05/25/2036 ~  | 5 | 5 |
| 6.161% due 10/25/2036 ~  | 7100 | 6034 |
| 6.225% due 02/25/2034 ~  | 24 | 23 |
| 6.240% due 09/25/2029 ~  | 20 | 19 |
| 6.247% due 02/25/2033 ~  | 9 | 9 |
| 6.250% due 10/25/2036  | 1566 | 563 |
| 6.265% due 05/25/2036 ~  | 143 | 140 |
| 6.329% due 01/25/2029 ~  | 1120 | 1096 |
| 6.375% due 01/25/2029 ~  | 1 | 1 |
| 6.395% due 12/25/2034 ~  | 48 | 47 |
| 6.446% due 07/25/2033 ~  | 24 | 23 |
| 6.639% due 09/25/2033 ~  | 224 | 216 |
| 6.676% due 07/25/2034 ~  | 341 | 336 |
| 6.841% due 12/25/2034 ~  | 3 | 3 |
| **Merrill Lynch Mortgage-Backed Securities Trust**  |  |  |
| 4.700% due 06/25/2037 ~  | 3320 | 1939 |
| 6.530% due 08/25/2036 • | 2674 | 2289 |
| **Merrion Square Residential DAC** <br>2.999% due 03/24/2081 •  | 88905 | 104858 |
| **MFA Trust**  |  |  |
| 2.855% due 07/25/2060 ~  | $5200 | 4308 |
| 4.250% due 02/25/2066 ~  | 3523 | 3378 |
| 4.400% due 03/25/2068 þ  | 55398 | 55050 |
| 6.105% due 12/25/2068 þ  | 15955 | 16046 |
| 6.775% due 10/25/2058 þ  | 18825 | 19037 |
| **MKT Mortgage Trust** <br>2.694% due 02/12/2040 | 16065 | 14212 |
| **Morgan Stanley Capital Trust**  |  |  |
| 0.817% due 11/12/2049 ~(a)  | 41 | 0 |
| 0.980% due 07/15/2053 ~(a)  | 54413 | 2162 |
| 1.906% due 07/15/2053 ~(a)  | 96138 | 6826 |
| 2.509% due 04/05/2042 ~  | 2000 | 1748 |
| 3.340% due 03/15/2049  | 1042 | 1037 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 2.208% due 06/25/2037 ~  | 10682 | 5523 |
| 3.601% due 07/25/2035 ~  | 119 | 106 |
| 3.605% due 11/25/2037 ~  | 860 | 743 |
| 3.824% due 12/25/2037 ~  | 3386 | 2170 |
| 4.047% due 05/25/2036 ~  | 7084 | 3872 |
| 4.427% due 08/25/2034 ~  | 293 | 266 |
| 4.545% due 09/25/2035 ~  | 31 | 20 |
| 4.594% due 01/25/2035 ~  | 170 | 154 |
| 4.714% due 01/25/2036 • | 939 | 500 |
| 4.734% due 08/25/2035 • | 1067 | 573 |
| 4.970% due 07/25/2034 ~  | 54 | 50 |
| 5.040% due 11/25/2035 ~  | 63 | 25 |
| 5.335% due 08/25/2034 ~  | 1 | 1 |
| 5.500% due 11/25/2035  | 37 | 31 |
| 5.697% due 10/25/2034 ~  | 19 | 18 |
| 5.698% due 09/25/2034 ~  | 752 | 744 |
| 6.000% due 08/25/2037  | 272 | 89 |
| 6.000% due 10/25/2037  | 6349 | 3284 |
| 6.167% due 10/25/2034 ~  | 21 | 21 |
| 6.209% due 09/25/2034 ~  | 247 | 242 |
| 6.255% due 09/25/2034 ~  | 398 | 388 |
| 6.309% due 06/25/2036 ~  | 111 | 109 |
| 6.356% due 07/25/2034 ~  | 83 | 85 |
| 7.013% due 08/25/2036  | 5763 | 1155 |
| **Morgan Stanley Re-REMIC Trust**  |  |  |
| 5.250% due 05/26/2037 ~  | 6990 | 3134 |
| 6.250% due 08/26/2047 ~  | 10766 | 5766 |
| 7.382% due 07/26/2036 • | 2591 | 1806 |
| **Morgan Stanley Resecuritization Trust**  |  |  |
| 3.473% due 06/26/2047 • | 34623 | 30313 |
| 3.896% due 04/26/2047 • | 25309 | 17927 |
| 3.925% due 06/26/2047 • | 407 | 321 |
| 4.814% due 12/27/2046 • | 14227 | 11097 |
| 5.114% due 04/26/2047 ~  | 2639 | 1297 |
| **Morgan Stanley Residential Mortgage Loan Trust**  |  |  |
| 0.000% due 11/25/2069 ~  | 280060 | 291189 |
| 4.000% due 06/25/2064  | 31185 | 30200 |
| **Mortgage Equity Conversion Asset Trust** <br>10.000% due 05/25/2042 •  | 21209 | 17732 |
| **MortgageIT Mortgage Loan Trust** <br>4.854% due 04/25/2036 •  | 8968 | 7581 |
| **MortgageIT Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.734% due 06/25/2047 • | 1288 | 1100 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.894% due 06/25/2047 • | 10646 | 9326 |
| **MortgageIT Trust**  |  |  |
| 4.934% due 11/25/2035 • | 11815 | 9775 |
| 5.034% due 08/25/2035 • | 628 | 624 |
| **MSJP**  |  |  |
| 0.562% due 09/05/2047 ~(a)  | 31700 | 668 |
| 1.049% due 09/05/2047 ~(a)  | 53100 | 1075 |
| **NAAC Reperforming Loan REMIC Trust**  |  |  |
| 6.500% due 03/25/2034  | 346 | 315 |
| 7.500% due 03/25/2034  | 1219 | 1143 |
| **NAAC Reperforming Loan REMICS Trust Certificates** <br>6.500% due 02/25/2035 | 1072 | 930 |
| **Natixis Commercial Mortgage Securities Trust**  |  |  |
| 3.047% due 08/15/2036  | 10000 | 9227 |
| 3.821% due 02/15/2039  | 34500 | 32179 |
| **New Century Alternative Mortgage Loan Trust** <br>6.667% due 07/25/2036 | 1028 | 202 |
| **New Orleans Hotel Trust**  |  |  |
| 5.348% due 04/15/2032 • | 1100 | 1092 |
| 5.648% due 04/15/2032 • | 14615 | 14367 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 1302 | 1251 |
| 3.000% due 07/25/2059 ~  | 9300 | 8522 |
| 3.360% due 12/25/2057 ~  | 6725 | 6457 |
| 3.505% due 08/25/2059 ~  | 14416 | 13345 |
| 3.514% due 02/25/2058 ~  | 6028 | 5835 |
| 3.750% due 11/25/2058 ~  | 16202 | 15639 |
| 3.781% due 08/27/2057 ~  | 8736 | 8492 |
| 3.797% due 09/25/2057 ~  | 15736 | 14874 |
| 3.939% due 12/25/2057 ~  | 9136 | 8637 |
| 4.000% due 08/25/2059 ~  | 42970 | 41008 |
| 4.000% due 10/25/2059 ~  | 10187 | 9871 |
| 4.212% due 10/25/2059 ~  | 31783 | 30794 |
| 4.250% due 12/25/2058 ~  | 14173 | 13790 |
| 4.250% due 08/25/2059 ~  | 23010 | 22220 |
| 4.255% due 08/25/2059 ~  | 36039 | 34637 |
| 4.500% due 02/25/2057 ~  | 1509 | 1491 |
| 4.500% due 12/25/2057 ~  | 15210 | 14767 |
| 4.500% due 02/25/2058 ~  | 4110 | 4067 |
| 4.500% due 12/25/2058 ~  | 14885 | 14522 |
| 4.750% due 02/25/2057 ~  | 9928 | 9756 |
| 4.920% due 05/25/2058 ~  | 15507 | 15126 |
| 6.864% due 10/25/2063  | 113288 | 114502 |
| **New York Mortgage Trust** <br>5.094% due 08/25/2035 •  | 214 | 192 |
| **New York Mortgage Trust Loan Trust**  |  |  |
| 3.215% due 07/25/2061  | 3000 | 2601 |
| 3.750% due 02/25/2068 ~  | 11491 | 10644 |
| 5.379% due 06/25/2069 ~  | 20940 | 20936 |
| **Newgate Funding PLC**  |  |  |
| 2.575% due 12/15/2050 • | 1930 | 2237 |
| 3.225% due 12/15/2050 • | 1733 | 1983 |
| 3.475% due 12/15/2050 • | 2899 | 3157 |
| 4.561% due 12/01/2050 • | 928 | 1255 |
| 5.358% due 12/15/2050 • | 9198 | 12379 |
| 5.608% due 12/15/2050 • | 2599 | 3475 |
| **NLT Trust** <br>3.200% due 10/25/2062 ~ | $14046 | 12827 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust**  |  |  |
| 4.413% due 10/25/2035 ~  | 196 | 175 |
| 4.754% due 10/25/2036 • | 1875 | 1578 |
| 4.994% due 04/25/2037 • | 38 | 39 |
| 5.038% due 02/25/2036 ~  | 613 | 443 |
| 5.136% due 02/25/2036 ~  | 1367 | 992 |
| 5.434% due 05/25/2035 • | 2560 | 2281 |
| 5.486% due 02/25/2036 ~  | 259 | 195 |
| 5.500% due 05/25/2033  | 1 | 1 |
| 5.843% due 08/25/2034 ~  | 794 | 782 |
| 6.000% due 05/25/2033  | 1 | 1 |
| 6.215% due 08/25/2036 ~  | 3953 | 1045 |
| 6.431% due 08/25/2036 ~  | 9819 | 2596 |
| 7.000% due 04/25/2033  | 5 | 5 |
| **Nomura Resecuritization Trust**  |  |  |
| 0.000% due 08/27/2047 ~  | 86291 | 69076 |
| 2.814% due 10/25/2036 ~  | 6118 | 3465 |
| 4.144% due 10/26/2036 • | 3161 | 2751 |
| 5.334% due 07/25/2036 • | 2345 | 2271 |
| 6.000% due 07/26/2037  | 14301 | 5202 |
| **NovaStar Mortgage Funding Trust** <br>0.445% due 09/25/2046 •  | 66480 | 26129 |
| **NRPL Trust**  |  |  |
| 0.000% due 05/01/2058 (h)  | 339 | 333 |
| 0.000% due 05/01/2058 ~  | 225934 | 203827 |
| 0.000% due 09/25/2062 (h)  | 371 | 366 |
| 0.000% due 09/25/2063 (h)  | 104 | 103 |
| 0.000% due 11/25/2063 (h)  | 380 | 360 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.860% due 09/25/2063 ~  | 163395 | 138313 |
| 4.423% due 11/25/2063 ~  | 182762 | 162193 |
| 4.526% due 09/25/2062 ~  | 160548 | 139815 |
| **NRPLM Trust**  |  |  |
| 0.000% due 09/27/2063 ~  | 6914 | 5495 |
| 4.439% due 11/25/2063 ~  | 7956 | 6676 |
| 4.459% due 09/27/2062  | 7134 | 5828 |
| **NYO Commercial Mortgage Trust** <br>5.521% due 11/15/2038 •  | 26300 | 26265 |
| **OBX Trust**  |  |  |
| 3.270% due 01/25/2062 ~  | 4949 | 4772 |
| 3.646% due 03/25/2053 ~  | 40123 | 39554 |
| 3.677% due 04/25/2053 ~  | 61271 | 61204 |
| 5.110% due 08/25/2062 þ  | 16547 | 16473 |
| 5.928% due 11/25/2063 þ  | 18290 | 18367 |
| 6.030% due 01/25/2064 þ  | 24288 | 24516 |
| 6.113% due 03/25/2063 þ  | 32821 | 32930 |
| 6.233% due 05/25/2064 þ  | 20242 | 20477 |
| 6.319% due 01/25/2062 þ  | 15103 | 15130 |
| 6.465% due 10/25/2063 þ  | 28710 | 28964 |
| 6.520% due 07/25/2063 þ  | 24843 | 25056 |
| 6.567% due 06/25/2063 þ  | 29427 | 29667 |
| 6.844% due 04/25/2063 þ  | 14549 | 14744 |
| 7.045% due 09/25/2063 þ  | 24366 | 24735 |
| 7.159% due 10/25/2063 þ  | 37966 | 38624 |
| **Oceanview Mortgage Trust** <br>5.105% due 11/25/2054 •  | 18288 | 18228 |
| **OPEN Trust** <br>7.401% due 11/15/2040 •  | 23755 | 23816 |
| **PHH Alternative Mortgage Trust**  |  |  |
| 5.134% due 07/25/2037 • | 659 | 648 |
| 6.000% due 02/25/2037  | 2220 | 1862 |
| **Polaris PLC** <br>5.014% due 12/23/2058 ~ | 2163 | 2969 |
| **PRET LLC** <br>5.963% due 11/25/2054 þ | $32689 | 32728 |
| **PRET Trust**  |  |  |
| 3.900% due 10/25/2063 ~  | 18134 | 17504 |
| 4.000% due 08/25/2064 þ  | 9251 | 8957 |
| 4.000% due 07/25/2069 þ  | 3817 | 3699 |
| 4.075% due 06/25/2064 ~  | 18982 | 18126 |
| 4.150% due 04/25/2065 þ  | 36000 | 34702 |
| **Prime Mortgage Trust**  |  |  |
| 4.784% due 06/25/2036 • | 5 | 5 |
| 7.000% due 07/25/2034  | 68 | 66 |
| **PRKCM Trust**  |  |  |
| 6.333% due 03/25/2059 þ  | 18349 | 18513 |
| 6.431% due 05/25/2059 þ  | 747 | 756 |
| 6.584% due 09/25/2058 þ  | 27745 | 28021 |
| 7.225% due 11/25/2058 þ  | 16841 | 17106 |
| **Proteus RMBS DAC**  |  |  |
| 0.000% due 10/29/2054 ~  | 1219 | 0 |
| 0.000% due 10/29/2054 (b)(h)  | 85302 | 70146 |
| 3.074% due 10/29/2054 • | 100735 | 116643 |
| 3.524% due 10/29/2054 • | 52929 | 60839 |
| 3.824% due 10/29/2054 • | 38495 | 43849 |
| 4.804% due 10/29/2054 • | 28871 | 32825 |
| 6.674% due 10/29/2054 • | 24059 | 27278 |
| **PRPM LLC**  |  |  |
| 3.750% due 03/25/2054 þ  | $7129 | 6942 |
| 3.750% due 04/25/2055 þ  | 22084 | 21363 |
| 4.000% due 06/25/2053 þ  | 32818 | 32232 |
| 4.000% due 11/25/2053 þ  | 3240 | 3182 |
| 4.000% due 01/25/2054 þ  | 1785 | 1752 |
| 4.000% due 05/25/2054 þ  | 761 | 747 |
| 4.000% due 07/25/2054 þ  | 778 | 762 |
| 4.000% due 08/25/2054 þ  | 800 | 784 |
| 4.000% due 10/25/2054 þ  | 8271 | 8077 |
| 4.000% due 11/25/2054 þ  | 26433 | 25675 |
| 4.000% due 10/25/2064 þ  | 54838 | 53339 |
| 4.200% due 12/25/2064 þ  | 12824 | 12553 |
| 5.228% due 08/25/2069 þ  | 9536 | 9523 |
| 5.250% due 07/25/2055 ~  | 11900 | 11891 |
| 5.699% due 11/25/2029 þ  | 7978 | 8002 |
| 5.870% due 11/25/2029 þ  | 27316 | 27329 |
| 5.897% due 12/25/2029 þ  | 25634 | 25486 |
| 6.179% due 06/25/2030 þ  | 29800 | 30063 |
| 6.255% due 05/25/2030 þ  | 7941 | 7991 |
| 6.414% due 08/25/2029 þ  | 5846 | 5865 |
| 7.026% due 03/25/2029 þ  | 51531 | 51663 |
| **PRPM Trust**  |  |  |
| 5.674% due 12/26/2069 þ  | 15455 | 15489 |
| 5.802% due 11/25/2069 þ  | 37465 | 37799 |
| 6.221% due 11/25/2068 þ  | 5347 | 5382 |
| 6.250% due 08/25/2068 þ  | 25316 | 25457 |
| 6.265% due 12/25/2068 þ  | 8512 | 8588 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.327% due 06/25/2069 þ  | 16828 | 17142 |
| **RBSSP Resecuritization Trust**  |  |  |
| 4.252% due 12/26/2036 ~  | 9929 | 9495 |
| 4.476% due 02/28/2047 ~  | 10663 | 7201 |
| 4.519% due 09/28/2047 ~  | 72965 | 52244 |
| 4.585% due 08/26/2045 • | 83 | 81 |
| 4.652% due 03/26/2037 • | 23781 | 20417 |
| 4.679% due 06/27/2036 • | 1000 | 875 |
| 4.755% due 10/26/2036 ~  | 5981 | 5644 |
| 4.866% due 12/26/2036 ~  | 1523 | 1256 |
| 4.939% due 02/26/2037 • | 8032 | 6222 |
| 4.952% due 03/26/2036 ~  | 4916 | 3359 |
| 5.712% due 01/26/2036 • | 2010 | 1890 |
| 5.939% due 12/26/2037 • | 16611 | 14013 |
| 6.189% due 12/26/2037 • | 17782 | 15140 |
| **RCKT Mortgage Trust**  |  |  |
| 5.158% due 10/25/2044 þ  | 27977 | 27918 |
| 5.472% due 06/25/2055 «þ  | 78400 | 78785 |
| 5.553% due 03/25/2055 þ  | 47688 | 48010 |
| 5.582% due 12/25/2044 þ  | 42296 | 42508 |
| 5.653% due 01/25/2045 þ  | 45480 | 45785 |
| 5.846% due 08/25/2044 þ  | 44100 | 44348 |
| 6.808% due 09/25/2043 ~  | 8531 | 8627 |
| **Regal Trust** <br>4.437% due 09/29/2031 •  | 18 | 17 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 1.498% due 12/26/2034 ~  | 131 | 55 |
| 4.108% due 08/25/2035 ~  | 535 | 188 |
| 4.584% due 02/25/2047 • | 30974 | 9457 |
| 4.684% due 02/25/2036 • | 5621 | 3610 |
| 4.734% due 08/25/2035 • | 2142 | 1503 |
| 4.734% due 04/25/2037 • | 2236 | 1683 |
| 4.764% due 03/25/2037 • | 154 | 29 |
| 4.774% due 01/25/2037 • | 1910 | 1686 |
| 4.784% due 01/25/2036 • | 1944 | 1375 |
| 4.794% due 05/25/2036 • | 4955 | 4501 |
| 4.794% due 07/25/2036 • | 21041 | 6829 |
| 4.794% due 09/25/2036 • | 5185 | 4773 |
| 4.794% due 11/25/2036 • | 1763 | 926 |
| 4.794% due 01/25/2037 • | 458 | 310 |
| 4.794% due 06/25/2046 • | 40046 | 8676 |
| 4.814% due 09/25/2036 • | 2410 | 2215 |
| 4.834% due 06/25/2036 • | 106 | 76 |
| 4.834% due 05/25/2047 • | 4220 | 3874 |
| 4.844% due 09/25/2046 • | 1796 | 1762 |
| 4.864% due 05/25/2046 • | 11069 | 10012 |
| 4.954% due 12/25/2045 • | 8925 | 7398 |
| 4.974% due 02/25/2046 • | 4013 | 1549 |
| 4.974% due 05/25/2046 • | 617 | 511 |
| 4.994% due 12/25/2045 • | 283 | 171 |
| 5.034% due 04/25/2036 • | 16254 | 14192 |
| 5.034% due 08/25/2036 • | 2952 | 2314 |
| 5.052% due 08/25/2035 ~  | 1608 | 1337 |
| 5.134% due 11/25/2035 • | 1818 | 1504 |
| 5.160% due 12/25/2035 ~  | 906 | 834 |
| 5.258% due 04/25/2035 ~  | 6992 | 4924 |
| 5.265% due 07/25/2035 ~  | 2230 | 1150 |
| 5.309% due 12/25/2035 ~  | 5974 | 5271 |
| 5.399% due 01/25/2046 • | 9017 | 7084 |
| 5.436% due 07/25/2035 ~  | 694 | 654 |
| 5.500% due 08/25/2035  | 951 | 699 |
| 5.500% due 03/25/2037  | 501 | 413 |
| 5.500% due 06/25/2037  | 2854 | 2219 |
| 5.750% due 01/25/2037  | 1757 | 1321 |
| 5.759% due 09/25/2045 • | 246 | 210 |
| 5.899% due 08/25/2035 • | 138 | 110 |
| 6.000% due 08/25/2035  | 285 | 253 |
| 6.000% due 10/25/2035  | 5303 | 1647 |
| 6.000% due 12/25/2035  | 4122 | 3577 |
| 6.000% due 06/25/2036  | 260 | 206 |
| 6.000% due 08/25/2036  | 14086 | 11783 |
| 6.000% due 09/25/2036  | 1629 | 1290 |
| 6.000% due 01/25/2037  | 1265 | 970 |
| 6.000% due 02/25/2037  | 6811 | 5560 |
| 6.000% due 03/25/2037  | 5293 | 4536 |
| 6.000% due 05/25/2037  | 6076 | 5081 |
| 6.000% due 06/25/2037  | 10848 | 8706 |
| 6.002% due 07/25/2035 ~  | 4332 | 3009 |
| 6.104% due 11/25/2037 «~  | 6323 | 5306 |
| 6.500% due 08/25/2036  | 11732 | 9615 |
| 6.500% due 02/25/2037  | 3796 | 3198 |
| 6.750% due 06/25/2037  | 6113 | 2266 |
| 7.519% due 08/25/2047 • | 62315 | 9361 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 7.000% due 11/25/2031  | 35 | 31 |
| 7.500% due 07/25/2032  | 302 | 100 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Residential** **Asset Securitization Trust**  |  |  |
| 2.256% due 04/25/2037 •(a)  | 9683 | 1229 |
| 4.734% due 07/25/2035 • | 2764 | 1294 |
| 4.744% due 04/25/2037 • | 9683 | 2038 |
| 4.748% due 01/25/2034 ~  | 66 | 63 |
| 4.784% due 06/25/2036 • | 5895 | 1619 |
| 4.884% due 11/25/2034 • | 550 | 510 |
| 4.984% due 08/25/2033 • | 412 | 382 |
| 5.134% due 07/25/2036 • | 4023 | 2591 |
| 5.250% due 09/25/2033  | 277 | 276 |
| 5.500% due 07/25/2035  | 5113 | 2969 |
| 5.500% due 09/25/2035  | 18728 | 8575 |
| 6.000% due 02/25/2036  | 6500 | 2481 |
| 6.000% due 09/25/2036  | 4448 | 1250 |
| 6.000% due 11/25/2036  | 6386 | 2229 |
| 6.000% due 01/25/2037  | 3349 | 1056 |
| 6.000% due 03/25/2037  | 6780 | 2046 |
| 6.000% due 04/25/2037  | 536 | 270 |
| 6.000% due 05/25/2037  | 6455 | 3292 |
| 6.000% due 07/25/2037  | 9959 | 3666 |
| 6.000% due 08/25/2037  | 633 | 296 |
| 6.250% due 11/25/2036  | 11740 | 4267 |
| 6.500% due 09/25/2036  | 3304 | 1002 |
| 6.500% due 04/25/2037  | 19161 | 5101 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 4.460% due 08/25/2035 ~  | 1395 | 572 |
| 5.500% due 03/25/2036  | 245 | 200 |
| 5.500% due 03/25/2037  | 1779 | 1242 |
| 5.539% due 11/25/2036 ~  | 1026 | 845 |
| 5.750% due 09/25/2036  | 251 | 200 |
| 5.828% due 10/25/2037 ~  | 4118 | 2534 |
| 5.848% due 07/27/2037 ~  | 89 | 71 |
| 5.925% due 09/25/2036 ~  | 13 | 12 |
| 6.000% due 04/25/2037  | 959 | 738 |
| 6.000% due 04/25/2037 • | 50 | 39 |
| 6.000% due 10/25/2037  | 299 | 137 |
| 6.028% due 10/25/2037 ~  | 2518 | 2206 |
| 6.277% due 04/25/2037 ~  | 311 | 271 |
| 6.500% due 03/25/2032  | 22 | 22 |
| **Residential Mortgage Securities PLC**  |  |  |
| 0.000% due 06/20/2048 (h)  | 950 | 9 |
| 5.240% due 06/20/2048 • | 224110 | 308947 |
| 5.740% due 06/20/2048 • | 28170 | 38792 |
| 6.140% due 06/20/2048 • | 24420 | 33819 |
| 6.990% due 06/20/2048 • | 12198 | 16982 |
| 8.240% due 06/20/2048 • | 11272 | 15565 |
| 9.118% due 06/20/2048 ~  | 867 | 1190 |
| 9.240% due 06/20/2048 • | 9398 | 12826 |
| 10.740% due 06/20/2048 • | 21625 | 30846 |
| **Resloc U.K. PLC** <br>2.135% due 12/15/2043 •  | 3555 | 4075 |
| **Ripon Mortgages PLC**  |  |  |
| 0.000% due 08/28/2056 (h)  | 73909 | 67317 |
| 0.000% due 08/28/2056 ~(a)  | 2143 | 5 |
| 4.938% due 08/28/2056 • | 715268 | 981616 |
| 5.238% due 08/28/2056 • | 98285 | 135018 |
| 5.438% due 08/28/2056 • | 85685 | 117145 |
| 5.838% due 08/28/2056 • | 44102 | 60322 |
| 6.738% due 08/28/2056 • | 18901 | 25593 |
| 7.238% due 08/28/2056 • | 7496 | 10262 |
| 8.238% due 08/28/2056 • | 16380 | 22336 |
| **Ripon SPV Assets** <br>0.000% due 08/20/2056 « | 24190 | 32495 |
| **RMAC PLC** <br>5.437% due 02/15/2047 •  | 7085 | 9760 |
| **RMAC Securities PLC**  |  |  |
| 2.104% due 06/12/2044 • | 1035 | 1183 |
| 2.224% due 06/12/2044 • | 2036 | 2338 |
| 4.508% due 06/12/2044 • | 7037 | 9475 |
| 4.528% due 06/12/2044 • | 33065 | 44346 |
| 4.804% due 06/12/2044 • | $17318 | 16915 |
| **Roundstone Securities DAC**  |  |  |
| 0.000% due 06/28/2058 ~  | 2 | 0 |
| 1.000% due 06/28/2058 ~  | 23143 | 22937 |
| 2.880% due 06/28/2058 • | 415915 | 490907 |
| 2.980% due 06/28/2058 • | 39593 | 46659 |
| 3.180% due 06/28/2058 • | 33617 | 39432 |
| 3.980% due 06/28/2058 • | 28014 | 32741 |
| 4.000% due 06/28/2058 ~  | 63499 | 24153 |
| 4.980% due 06/28/2058 • | 16808 | 19534 |
| 5.480% due 06/28/2058 • | 8964 | 10221 |
| **Santander Mortgage Asset Receivable Trust** <br>5.545% due 01/25/2065 | $1901 | 1907 |
| **Seasoned Credit Risk Transfer Trust** <br>5.000% due 11/25/2064 ~ | 7100 | 5956 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Sequoia** **Mortgage Trust**  |  |  |
| 3.132% due 08/20/2047 ~  | 2559 | 1745 |
| 3.522% due 07/20/2037 ~  | 2466 | 1881 |
| 3.579% due 09/20/2046 «~  | 173 | 114 |
| 4.309% due 02/20/2047 ~  | 1154 | 898 |
| 4.466% due 11/25/2063 ~  | 24410 | 24673 |
| 4.478% due 09/20/2046 ~  | 1368 | 775 |
| 4.631% due 07/20/2037 ~  | 418 | 336 |
| 5.052% due 08/20/2034 • | 118 | 107 |
| 5.092% due 06/20/2033 • | 34 | 34 |
| 5.112% due 10/20/2034 • | 1053 | 967 |
| 5.132% due 07/20/2033 • | 82 | 81 |
| 5.192% due 10/20/2027 • | 2 | 2 |
| 5.192% due 04/20/2033 • | 17 | 16 |
| 5.197% due 10/20/2034 • | 39 | 30 |
| 5.216% due 11/20/2034 • | 56 | 51 |
| 5.232% due 10/20/2027 • | 4 | 3 |
| 5.524% due 04/20/2033 • | 135 | 133 |
| **SFO Commercial Mortgage Trust** <br>5.576% due 05/15/2038 •  | 1900 | 1893 |
| **Shamrock Residential DAC** <br>2.899% due 06/24/2071 •  | 14906 | 17564 |
| **SMRT Commercial Mortgage Trust** <br>5.312% due 01/15/2039 •  | $74604 | 74359 |
| **Stratton Mortgage Funding PLC**  |  |  |
| 5.139% due 06/28/2050 • | 27628 | 37963 |
| 5.389% due 06/20/2060 • | 130991 | 180193 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.823% due 08/25/2036 ~  | $10244 | 8030 |
| 3.847% due 05/25/2036 ~  | 4353 | 3065 |
| 3.893% due 05/25/2036 ~  | 3364 | 1924 |
| 3.937% due 11/25/2035 «~  | 114 | 106 |
| 4.073% due 02/25/2036 ~  | 299 | 255 |
| 4.289% due 03/25/2035 ~  | 7857 | 6554 |
| 4.316% due 07/25/2037 ~  | 24 | 15 |
| 4.335% due 08/25/2047 ~  | 1495 | 1397 |
| 4.375% due 01/25/2036 ~  | 2520 | 1392 |
| 4.493% due 01/25/2037 ~  | 2694 | 1953 |
| 4.519% due 11/25/2035 ~  | 26 | 24 |
| 4.520% due 04/25/2035 ~  | 30 | 28 |
| 4.556% due 09/25/2036 ~  | 5790 | 3936 |
| 4.577% due 09/25/2036 ~  | 5767 | 5311 |
| 4.584% due 11/25/2035 ~  | 190 | 124 |
| 4.666% due 06/25/2036 ~  | 2233 | 1295 |
| 4.697% due 12/25/2035 ~  | 127 | 73 |
| 4.728% due 08/25/2035 ~  | 700 | 610 |
| 4.734% due 09/25/2034 • | 132 | 122 |
| 4.734% due 02/25/2037 • | 1507 | 1487 |
| 4.749% due 05/25/2035 ~  | 969 | 803 |
| 4.754% due 12/25/2036 • | 1363 | 1371 |
| 4.794% due 07/25/2035 • | 355 | 167 |
| 4.833% due 12/25/2034 ~  | 16 | 14 |
| 4.905% due 02/25/2036 ~  | 4432 | 2307 |
| 4.916% due 12/25/2035 ~  | 78 | 53 |
| 4.934% due 10/25/2034 • | 235 | 212 |
| 4.972% due 07/25/2035 ~  | 1247 | 1096 |
| 4.984% due 01/25/2035 • | 10 | 9 |
| 5.030% due 09/25/2035 ~  | 742 | 661 |
| 5.079% due 04/25/2035 • | 468 | 473 |
| 5.133% due 04/25/2034 ~  | 4 | 4 |
| 5.267% due 03/25/2036 «~  | 516 | 416 |
| 5.317% due 02/25/2035 ~  | 564 | 570 |
| 5.373% due 10/25/2034 ~  | 625 | 595 |
| 5.384% due 09/25/2036 ~  | 2029 | 1248 |
| 5.410% due 09/25/2034 ~  | 160 | 155 |
| 5.468% due 05/25/2035 ~  | 2463 | 1728 |
| 5.673% due 10/25/2035 ~  | 919 | 858 |
| 5.707% due 11/25/2034 ~  | 1049 | 991 |
| 5.713% due 03/25/2035 ~  | 181 | 165 |
| 5.721% due 10/25/2034 ~  | 24 | 24 |
| 5.967% due 07/25/2034 ~  | 641 | 631 |
| 5.969% due 12/25/2034 ~  | 137 | 135 |
| 5.977% due 01/25/2035 ~  | 505 | 497 |
| 6.174% due 04/25/2034 ~  | 7 | 7 |
| 6.210% due 10/25/2037 • | 2769 | 2493 |
| 6.271% due 02/25/2034 ~  | 150 | 147 |
| 6.292% due 02/25/2034 ~  | 221 | 213 |
| 6.734% due 12/25/2037 • | 8157 | 6857 |
| 6.836% due 03/25/2034 ~  | 208 | 195 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 3.530% due 05/25/2047 ~  | 21439 | 17406 |
| 3.719% due 05/25/2045 ~  | 46 | 39 |
| 4.554% due 08/25/2036 • | 4065 | 3583 |
| 4.754% due 01/25/2037 • | 1840 | 1647 |
| 4.794% due 06/25/2036 • | 5075 | 4110 |
| 4.794% due 01/25/2037 • | 4584 | 4072 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.794% due 07/25/2046 • | 5341 | 4676 |
| 4.814% due 06/25/2036 • | 1212 | 1194 |
| 4.814% due 07/25/2046 • | 12200 | 8810 |
| 4.834% due 05/25/2036 • | 6260 | 5131 |
| 4.834% due 10/25/2036 • | 1748 | 1566 |
| 4.854% due 04/25/2036 • | 4973 | 4509 |
| 4.854% due 05/25/2036 • | 102 | 71 |
| 4.854% due 08/25/2036 • | 12826 | 10473 |
| 4.854% due 05/25/2046 • | 83 | 59 |
| 4.854% due 09/25/2047 • | 9445 | 8337 |
| 4.874% due 09/25/2047 • | 7325 | 6495 |
| 4.894% due 02/25/2036 • | 25754 | 22235 |
| 4.894% due 07/25/2036 • | 7 | 3 |
| 4.894% due 05/25/2045 • | 2593 | 2457 |
| 4.932% due 07/19/2035 • | 685 | 656 |
| 4.980% due 05/25/2036 ~  | 149 | 29 |
| 4.994% due 02/25/2036 • | 5617 | 4696 |
| 5.034% due 08/25/2036 • | 3544 | 2577 |
| 5.112% due 05/19/2035 • | 405 | 387 |
| 5.284% due 05/25/2047 • | 2434 | 1980 |
| 5.534% due 09/25/2047 • | 11473 | 9711 |
| 5.859% due 03/25/2046 • | 21 | 20 |
| 6.281% due 02/19/2035 ~  | 1 | 1 |
| **Structured Asset Securities Corp.**  |  |  |
| 4.784% due 03/25/2035 • | 1933 | 1739 |
| 4.784% due 04/25/2035 • | 193 | 174 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.154% due 11/25/2035 •  | 1028 | 848 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates**  |  |  |
| 3.597% due 09/25/2033 ~  | 75 | 61 |
| 5.241% due 01/25/2034 ~  | 34 | 33 |
| 5.303% due 07/25/2032 ~  | 17 | 17 |
| 5.325% due 09/25/2033 ~  | 478 | 443 |
| 5.404% due 11/25/2033 ~  | 430 | 418 |
| 5.662% due 09/25/2033 ~  | 46 | 45 |
| 5.717% due 11/25/2033 ~  | 12 | 12 |
| 5.768% due 12/25/2033 ~  | 565 | 563 |
| 5.988% due 03/25/2033 ~  | 36 | 35 |
| 6.042% due 12/25/2033 ~  | 761 | 737 |
| 6.066% due 12/25/2033 ~  | 187 | 184 |
| 6.619% due 03/25/2033 ~  | 679 | 609 |
| 6.671% due 11/25/2033 ~  | 154 | 156 |
| 6.778% due 07/25/2033 ~  | 65 | 64 |
| 6.869% due 01/25/2034 ~  | 4 | 4 |
| 6.996% due 11/25/2032 ~  | 110 | 111 |
| 7.434% due 07/25/2032 • | 764 | 692 |
| **Structured Asset Securities Corp. Trust**  |  |  |
| 5.500% due 04/25/2035  | 752 | 726 |
| 5.750% due 04/25/2035  | 4655 | 2346 |
| **SunTrust Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.241% due 06/25/2037 ~  | 2020 | 1797 |
| 5.882% due 04/25/2037 ~  | 910 | 500 |
| 5.985% due 02/25/2037 ~  | 1510 | 1305 |
| **Terwin Mortgage Trust** <br>4.615% due 10/25/2037 •  | 44008 | 13930 |
| **Thornburg Mortgage Securities Trust**  |  |  |
| 2.903% due 03/25/2044 «~  | 855 | 838 |
| 4.481% due 04/25/2036 • | 4479 | 4080 |
| 4.592% due 10/25/2043 ~  | 629 | 576 |
| 4.693% due 03/25/2044 ~  | 2351 | 2293 |
| 4.808% due 04/25/2038 ~  | 7937 | 5178 |
| 4.974% due 03/25/2044 • | 26 | 26 |
| 4.990% due 04/25/2038 ~  | 6198 | 4798 |
| 5.143% due 04/25/2045 ~  | 95 | 94 |
| 5.371% due 12/25/2044 ~  | 3738 | 3560 |
| 5.631% due 10/25/2043 ~  | 112 | 104 |
| **TIB Diversified Payment Rights Finance Co.** <br>7.962% due 11/15/2034 «(l) | 60100 | 60114 |
| **Titulizacion de Activos** <br>5.536% due 03/22/2036 •  | 1200 | 1425 |
| **Towd Point Mortgage Funding** <br>5.223% due 07/20/2053 •  | 451032 | 620494 |
| **Towd Point Mortgage Trust**  |  |  |
| 2.900% due 10/25/2059 «~  | $2367 | 2274 |
| 3.000% due 10/25/2057 ~  | 8700 | 8320 |
| 3.000% due 06/25/2058 ~  | 16981 | 13657 |
| 3.750% due 03/25/2058 ~  | 24668 | 21440 |
| 3.750% due 09/25/2062  | 82570 | 79058 |
| 3.943% due 01/25/2063 ~  | 8504 | 7475 |
| 4.097% due 04/25/2056 ~  | 1000 | 937 |
| 4.114% due 04/25/2055 ~  | 20000 | 19505 |
| 4.246% due 03/25/2054 ~  | 24000 | 23445 |
| 4.435% due 10/27/2064 ~  | 73800 | 74194 |
| 4.518% due 10/25/2064 «~  | 169758 | 169637 |
| 5.107% due 07/25/2065 ~  | 41751 | 42601 |
| 5.725% due 11/25/2064  | 33914 | 34103 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Tower** **Bridge Funding PLC** <br>5.398% due 01/20/2066 •  | 121432 | 167088 |
| **Trinity Square PLC** <br>5.217% due 07/15/2059 «~ | 160098 | 220286 |
| **Uropa Securities PLC**  |  |  |
| 2.493% due 10/10/2040 • | 2723 | 3176 |
| 4.649% due 10/10/2040 • | 8117 | 11043 |
| 4.699% due 10/10/2040 • | 1983 | 2668 |
| **Valley Funding PLC**  |  |  |
| 0.000% due 05/16/2066 (h)  | 49959 | 50889 |
| 5.237% due 05/16/2066 • | 306581 | 421348 |
| 5.737% due 05/16/2066 • | 29536 | 40643 |
| 6.237% due 05/16/2066 • | 30820 | 42325 |
| 7.237% due 05/16/2066 • | 15924 | 21886 |
| 8.237% due 05/16/2066 • | 10274 | 14127 |
| 9.737% due 05/16/2066 • | 5650 | 7787 |
| **VASA Trust** <br>5.326% due 07/15/2039 •  | $17800 | 17311 |
| **Verus Securitization Trust**  |  |  |
| 4.260% due 02/25/2067  | 23217 | 22211 |
| 5.041% due 08/25/2067  | 10147 | 10105 |
| 5.218% due 09/25/2069 ~  | 25195 | 25202 |
| 5.364% due 10/25/2069 ~  | 17326 | 17328 |
| 5.799% due 07/25/2069  | 31164 | 31370 |
| 5.811% due 05/25/2068  | 22528 | 22563 |
| 5.850% due 12/25/2067 þ  | 12953 | 12945 |
| 5.930% due 03/25/2068 þ  | 20870 | 20897 |
| 5.999% due 02/25/2068  | 12685 | 12690 |
| 6.116% due 03/25/2069  | 47477 | 47946 |
| 6.192% due 06/25/2069 þ  | 31855 | 32189 |
| 6.218% due 06/25/2069 þ  | 27884 | 28206 |
| 6.259% due 12/25/2068 þ  | 15654 | 15804 |
| 6.338% due 04/25/2069  | 21992 | 22249 |
| 6.443% due 08/25/2068  | 20979 | 21139 |
| 6.476% due 06/25/2068  | 13623 | 13713 |
| 6.665% due 09/25/2068 þ  | 49310 | 49913 |
| 6.790% due 10/25/2067  | 12584 | 12588 |
| 6.876% due 11/25/2068 «~  | 14427 | 14645 |
| 7.070% due 10/25/2068 þ  | 46588 | 47283 |
| **Visio Trust** <br>6.598% due 10/25/2058 þ | 15833 | 15970 |
| **Wachovia Mortgage Loan Trust**  |  |  |
| 1.855% due 08/25/2036 • | 18804 | 6223 |
| 4.883% due 01/25/2037 • | 22198 | 7887 |
| **Wachovia Mortgage Loan Trust LLC**  |  |  |
| 2.857% due 05/20/2036 ~  | 280 | 263 |
| 6.803% due 08/20/2035 ~  | 259 | 255 |
| 7.444% due 10/20/2035 ~  | 168 | 163 |
| 7.482% due 10/20/2035 ~  | 392 | 385 |
| 7.487% due 10/20/2035 ~  | 50 | 48 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.413% due 05/25/2037 «~  | 4666 | 3784 |
| 3.488% due 01/25/2037 ~  | 2756 | 2296 |
| 3.496% due 01/25/2037 «~  | 1667 | 1428 |
| 3.551% due 06/25/2037 ~  | 11651 | 9598 |
| 3.775% due 01/25/2037 «~  | 5142 | 4478 |
| 3.876% due 05/25/2037 ~  | 488 | 422 |
| 4.024% due 06/25/2037 «~  | 2779 | 2448 |
| 4.031% due 03/25/2037 ~  | 12055 | 10469 |
| 4.036% due 06/25/2037 ~  | 1114 | 979 |
| 4.037% due 10/25/2036 ~  | 499 | 456 |
| 4.068% due 12/25/2046 • | 6671 | 5704 |
| 4.091% due 03/25/2037 ~  | 5730 | 5086 |
| 4.093% due 02/25/2037 ~  | 1456 | 1248 |
| 4.152% due 02/25/2037 «~  | 12566 | 11720 |
| 4.162% due 10/25/2036 ~  | 119 | 109 |
| 4.179% due 11/25/2036 ~  | 1450 | 1292 |
| 4.234% due 11/25/2036 ~  | 387 | 342 |
| 4.247% due 04/25/2037 ~  | 6234 | 5671 |
| 4.252% due 12/25/2036 «~  | 2278 | 2071 |
| 4.257% due 02/25/2037 ~  | 6994 | 6302 |
| 4.290% due 05/25/2046 • | 8254 | 7736 |
| 4.358% due 07/25/2037 ~  | 37325 | 34254 |
| 4.376% due 02/25/2037 ~  | 5854 | 5419 |
| 4.386% due 01/25/2036 ~  | 491 | 459 |
| 4.475% due 12/25/2036 ~  | 28 | 25 |
| 4.571% due 01/25/2036 ~  | 171 | 169 |
| 4.585% due 03/25/2036 ~  | 1206 | 1093 |
| 4.820% due 08/25/2036 ~  | 7847 | 7091 |
| 4.894% due 04/25/2045 • | 5336 | 5429 |
| 4.926% due 08/25/2046 ~  | 36 | 33 |
| 4.954% due 11/25/2045 • | 1506 | 1449 |
| 4.967% due 07/25/2037 ~  | 1272 | 1159 |
| 4.974% due 12/25/2045 • | 1479 | 1363 |
| 4.983% due 10/25/2035 ~  | 1380 | 1262 |
| 4.993% due 01/25/2036 ~  | 792 | 764 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.001% due 09/25/2036 ~  | 4091 | 3770 |
| 5.014% due 07/25/2045 • | 2802 | 2760 |
| 5.014% due 12/25/2045 • | 2074 | 1899 |
| 5.054% due 01/25/2045 • | 286 | 285 |
| 5.064% due 03/25/2035 ~  | 436 | 437 |
| 5.074% due 08/25/2045 • | 12173 | 12229 |
| 5.094% due 01/25/2045 • | 1405 | 1398 |
| 5.099% due 02/25/2047 • | 11801 | 10811 |
| 5.099% due 03/25/2047 • | 14263 | 12460 |
| 5.114% due 01/25/2045 • | 1564 | 1547 |
| 5.129% due 01/25/2047 • | 584 | 554 |
| 5.134% due 01/25/2045 • | 24 | 24 |
| 5.139% due 01/25/2047 • | 2583 | 2345 |
| 5.141% due 09/25/2035 ~  | 150 | 140 |
| 5.148% due 12/25/2035 ~  | 6982 | 6606 |
| 5.148% due 12/25/2035 «~  | 665 | 630 |
| 5.149% due 06/25/2047 • | 7222 | 6008 |
| 5.154% due 11/25/2034 • | 2267 | 2211 |
| 5.159% due 04/25/2047 • | 1612 | 1464 |
| 5.174% due 11/25/2034 • | 776 | 748 |
| 5.194% due 01/25/2045 • | 662 | 660 |
| 5.214% due 10/25/2044 • | 577 | 563 |
| 5.234% due 10/25/2044 • | 749 | 713 |
| 5.239% due 11/25/2046 • | 5052 | 4276 |
| 5.279% due 10/25/2046 • | 22959 | 19764 |
| 5.314% due 11/25/2034 • | 15 | 15 |
| 5.314% due 07/25/2044 • | 2313 | 2228 |
| 5.323% due 01/25/2035 «~  | 692 | 652 |
| 5.334% due 08/25/2045 • | 1296 | 1297 |
| 5.359% due 09/25/2046 • | 3545 | 2982 |
| 5.379% due 06/25/2046 • | 414 | 386 |
| 5.379% due 07/25/2046 • | 3312 | 3113 |
| 5.389% due 06/25/2046 • | 1033 | 948 |
| 5.399% due 02/25/2046 • | 4744 | 4142 |
| 5.447% due 07/25/2046 • | 5081 | 4606 |
| 5.584% due 06/25/2033 • | 218 | 215 |
| 5.599% due 11/25/2042 • | 65 | 62 |
| 5.661% due 02/25/2033 ~  | 121 | 118 |
| 5.799% due 08/25/2042 • | 48 | 46 |
| 5.902% due 08/25/2034 ~  | 256 | 250 |
| 5.984% due 11/25/2033 • | 271 | 263 |
| 5.994% due 10/25/2045 • | 469 | 474 |
| 6.375% due 12/19/2039 ~  | 81 | 80 |
| 6.385% due 06/25/2033 «~  | 267 | 262 |
| 6.478% due 08/25/2033 ~  | 121 | 121 |
| 6.526% due 09/25/2033 ~  | 623 | 621 |
| 6.700% due 12/25/2032 ~  | 108 | 104 |
| **Warwick Finance Residential Mortgages PLC**  |  |  |
| 0.000% due 12/21/2049 (h)  | 7 | 41952 |
| 5.189% due 12/21/2049 • | 112243 | 154625 |
| 5.889% due 12/21/2049 • | 46014 | 63572 |
| 6.389% due 12/21/2049 • | 23010 | 31556 |
| 6.889% due 12/21/2049 • | 13146 | 17947 |
| 7.389% due 12/21/2049 • | 13146 | 17799 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.928% due 09/25/2036  | $27085 | 7161 |
| 4.114% due 10/25/2036  | 53 | 18 |
| 4.183% due 10/25/2036  | 6315 | 1715 |
| 4.814% due 07/25/2046 • | 215 | 182 |
| 4.834% due 07/25/2035 • | 581 | 504 |
| 4.884% due 05/25/2035 • | 2528 | 2130 |
| 4.894% due 12/25/2036 • | 2407 | 1980 |
| 4.954% due 12/25/2035 • | 1263 | 1115 |
| 5.034% due 03/25/2036 • | 734 | 672 |
| 5.099% due 01/25/2047 • | 13129 | 11070 |
| 5.099% due 04/25/2047 • | 3056 | 2494 |
| 5.119% due 12/25/2046 • | 4350 | 3515 |
| 5.169% due 04/25/2047 • | 4304 | 3525 |
| 5.249% due 10/25/2046 • | 9501 | 8205 |
| 5.319% due 09/25/2046 • | 13153 | 10829 |
| 5.339% due 04/25/2046 • | 22467 | 20055 |
| 5.369% due 05/25/2046 • | 1886 | 1650 |
| 5.500% due 06/25/2035  | 985 | 857 |
| 5.500% due 08/25/2035  | 806 | 715 |
| 5.500% due 11/25/2035  | 300 | 244 |
| 5.500% due 04/25/2037  | 4407 | 4328 |
| 5.750% due 11/25/2035  | 374 | 359 |
| 5.750% due 01/25/2036  | 2648 | 2245 |
| 5.884% due 09/25/2035 • | 289 | 250 |
| 6.000% due 11/25/2035  | 978 | 970 |
| 6.000% due 04/25/2036  | 1831 | 1602 |
| 6.000% due 04/25/2037  | 4301 | 3827 |
| 6.500% due 11/25/2035  | 481 | 339 |
| 6.500% due 03/25/2036  | 8235 | 6608 |
| 6.500% due 07/25/2036  | 1355 | 295 |
| 6.500% due 08/25/2036  | 13541 | 11939 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.721% due 07/25/2036  | 20737 | 4513 |
| 6.949% due 07/25/2036  | 1886 | 410 |
| 7.000% due 05/25/2036  | 2525 | 2226 |
| **Washington Mutual MSC Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.725% due 06/25/2033 ~  | 119 | 111 |
| 5.371% due 05/25/2033 ~  | 387 | 395 |
| 7.500% due 04/25/2033  | 4 | 4 |
| **Wells Fargo Alternative Loan Trust** <br>6.000% due 07/25/2037 | 314 | 284 |
| **Wells Fargo Commercial Mortgage Trust**  |  |  |
| 1.101% due 01/15/2052 ~(a)  | 114765 | 2921 |
| 1.747% due 10/15/2049 ~(a)  | 238877 | 3117 |
| **Wells Fargo Mortgage Loan Trust**  |  |  |
| 4.757% due 12/27/2046 ~  | 11247 | 5475 |
| 4.799% due 09/27/2047 • | 13977 | 12927 |
| **Wells Fargo Mortgage-Backed Securities Trust**  |  |  |
| 6.000% due 06/25/2036  | 253 | 232 |
| 6.000% due 06/25/2037  | 316 | 298 |
| 6.000% due 11/25/2037  | 513 | 501 |
| 6.140% due 04/25/2036 ~  | 1384 | 1373 |
| 6.364% due 04/25/2037 ~  | 71 | 63 |
| 6.366% due 01/25/2038 ~  | 2945 | 2671 |
| 6.558% due 08/25/2036 ~  | 330 | 306 |
| 6.655% due 10/25/2036 ~  | 769 | 716 |
| 6.678% due 04/25/2036 ~  | 544 | 541 |
| 6.678% due 11/25/2037 ~  | 14 | 13 |
| 7.020% due 08/25/2035 ~  | 57 | 56 |
| 7.301% due 10/25/2034 ~  | 10 | 10 |
| 7.379% due 10/25/2036 ~  | 1125 | 1041 |
| **WSTN Trust** <br>6.518% due 07/05/2037 «~ | 64300 | 65271 |
| Total Non-Agency Mortgage-Backed Securities (Cost $60,132,600) |  | 58163272 |
| **ASSET-BACKED SECURITIES 18.7%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.4%**  |  |  |
| **Ally Bank Auto Credit-Linked Notes Trust**  |  |  |
| 5.117% due 09/15/2032  | 5952 | 5995 |
| 5.215% due 09/15/2032  | 3869 | 3882 |
| **AmeriCredit Automobile Receivables Trust** <br>4.902% due 02/18/2028 •  | 22374 | 22386 |
| **Bumper NL BV** <br>2.539% due 03/21/2036 •  | 6400 | 7547 |
| **Carmax Select Receivables Trust**  |  |  |
| 4.984% due 05/15/2028 • | $32700 | 32724 |
| 5.034% due 09/15/2027 • | 3468 | 3471 |
| **Carvana Auto Receivables Trust**  |  |  |
| 2.900% due 03/10/2028  | 5196 | 5070 |
| 4.550% due 01/10/2028  | 2604 | 2587 |
| **CPS Auto Receivables Trust**  |  |  |
| 5.380% due 01/18/2028  | 10667 | 10676 |
| 6.040% due 07/16/2029  | 23006 | 23224 |
| 6.270% due 10/15/2029  | 31500 | 31782 |
| **Exeter Automobile Receivables Trust**  |  |  |
| 5.610% due 09/15/2027  | 4234 | 4237 |
| 5.750% due 07/17/2028  | 44000 | 44136 |
| 6.310% due 10/15/2027  | 673 | 674 |
| **Flagship Credit Auto Trust** <br>4.760% due 05/17/2027 | 14873 | 14862 |
| **GLS Auto Receivables Issuer Trust**  |  |  |
| 4.890% due 04/16/2029  | 23400 | 23499 |
| 5.080% due 01/16/2029  | 13000 | 13062 |
| **Golden Bar Securitisation SRL** <br>3.086% due 09/22/2043 •  | 18392 | 21806 |
| **Red & Black Auto Italy SRL** <br>2.739% due 07/28/2036 •  | 7478 | 8841 |
| **Santander Bank Auto Credit-Linked Notes**  |  |  |
| 4.965% due 01/18/2033  | $1850 | 1855 |
| 5.141% due 01/18/2033  | 4300 | 4313 |
| **Santander Drive Auto Receivables Trust**  |  |  |
| 4.930% due 09/17/2029  | 37500 | 37780 |
| 5.240% due 05/15/2028  | 47672 | 47765 |
| 5.470% due 12/16/2030  | 79500 | 80602 |
| 5.610% due 07/17/2028  | 60000 | 60328 |
| 5.770% due 11/15/2030  | 110000 | 111809 |
| **Taupe Funding Trust**  |  |  |
| 0.000% due 08/20/2031 «(h)  | 95 | 18144 |
| 6.160% due 08/20/2031  | 12607 | 12817 |
| **Westlake Automobile Receivables Trust**  |  |  |
| 4.873% due 03/15/2027 • | 2402 | 2402 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.964% due 08/16/2027 • | 19502 | 19515 |
|  |  | 677791 |
| **AUTOMOBILE SEQUENTIAL 2.9%**  |  |  |
| **Ally Auto Receivables Trust** <br>4.140% due 07/16/2029 | 40900 | 40879 |
| **Ally Bank Auto Credit-Linked Notes Trust** <br>4.970% due 09/15/2032 | 10863 | 10947 |
| **American Credit Acceptance Receivables Trust** <br>4.810% due 03/13/2028 | 5905 | 5904 |
| **American Heritage Auto Receivables Trust** <br>4.830% due 03/15/2028 | 10845 | 10855 |
| **AmeriCredit Automobile Receivables Trust**  |  |  |
| 5.430% due 01/18/2029  | 68100 | 68768 |
| 5.750% due 02/18/2028  | 24457 | 24513 |
| **ARI Fleet Lease Trust** <br>4.380% due 01/17/2034 | 26500 | 26453 |
| **Avis Budget Rental Car Funding AESOP LLC**  |  |  |
| 5.130% due 10/20/2028  | 86416 | 87789 |
| 5.440% due 02/22/2028  | 16865 | 17087 |
| 5.780% due 04/20/2028  | 35413 | 36149 |
| 6.120% due 04/20/2027  | 43730 | 44084 |
| **Bank of America Auto Trust** <br>5.530% due 02/15/2028 | 12201 | 12286 |
| **Bayview Opportunity Master Fund Trust**  |  |  |
| 5.660% due 03/15/2028  | 16300 | 16363 |
| 5.670% due 04/15/2027  | 4442 | 4446 |
| **BMW Canada Auto Trust** <br>4.844% due 07/20/2027 | 15783 | 11699 |
| **BMW Vehicle Lease Trust** <br>4.180% due 10/25/2027 | $60900 | 60907 |
| **BofA Auto Trust**  |  |  |
| 5.350% due 11/15/2028  | 19075 | 19264 |
| 5.570% due 12/15/2026  | 8818 | 8833 |
| **Bridgecrest Lending Auto Securitization Trust**  |  |  |
| 4.720% due 09/15/2028  | 25200 | 25217 |
| 4.840% due 09/15/2027  | 18963 | 18974 |
| 5.340% due 04/17/2028  | 14700 | 14742 |
| 5.530% due 01/18/2028  | 5942 | 5950 |
| 5.540% due 02/16/2027  | 736 | 737 |
| **CarMax Auto Owner Trust**  |  |  |
| 4.670% due 12/15/2027  | 25241 | 25265 |
| 5.340% due 08/16/2027  | 1670 | 1676 |
| 5.500% due 01/16/2029  | 76300 | 77418 |
| 5.650% due 05/17/2027  | 53380 | 53519 |
| **Carmax Select Receivables Trust**  |  |  |
| 4.760% due 05/15/2028  | 40300 | 40325 |
| 5.400% due 11/15/2028  | 7100 | 7180 |
| 5.780% due 09/15/2027  | 6004 | 6025 |
| **Carvana Auto Receivables Trust**  |  |  |
| 0.800% due 01/10/2027  | 5995 | 5952 |
| 4.130% due 04/12/2027  | 370 | 370 |
| 4.260% due 10/10/2029  | 45700 | 45672 |
| 4.310% due 09/10/2030  | 26200 | 26207 |
| 4.500% due 06/12/2028  | 29440 | 29414 |
| 4.530% due 01/10/2029  | 52000 | 52013 |
| 4.550% due 05/10/2030  | 91400 | 91918 |
| 4.610% due 11/10/2027  | 14788 | 14786 |
| 4.620% due 02/10/2028  | 20896 | 20898 |
| 4.640% due 01/10/2030  | 34800 | 35025 |
| 4.680% due 02/10/2028  | 18000 | 18006 |
| 4.740% due 12/10/2030  | 20300 | 20549 |
| 4.740% due 04/10/2031  | 61238 | 61932 |
| 4.780% due 05/10/2028  | 10058 | 10061 |
| 4.840% due 12/10/2027  | 9695 | 9701 |
| 4.850% due 06/12/2028  | 2000 | 2011 |
| 4.910% due 08/10/2029  | 14300 | 14411 |
| 5.080% due 03/11/2030  | 23200 | 23608 |
| 5.210% due 06/10/2030  | 28000 | 28697 |
| 5.330% due 07/10/2029  | 36300 | 36690 |
| 5.380% due 03/12/2029  | 38537 | 39029 |
| 5.420% due 04/10/2028  | 40830 | 40962 |
| 5.500% due 08/10/2027  | 6118 | 6125 |
| 5.620% due 01/10/2029  | 11200 | 11292 |
| 5.630% due 11/10/2027  | 10009 | 10028 |
| 5.710% due 07/10/2028  | 18900 | 19035 |
| 5.710% due 07/10/2029  | 20000 | 20562 |
| 5.740% due 11/13/2029  | 9100 | 9400 |
| 5.760% due 04/12/2027  | 2689 | 2691 |
| 5.820% due 08/10/2028  | 18217 | 18346 |
| 5.900% due 08/10/2027  | 9911 | 9933 |
| 5.980% due 12/10/2027  | 8742 | 8783 |
| 6.160% due 10/10/2028  | 10018 | 10127 |
| 6.160% due 09/10/2029  | 15200 | 15801 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Chase** **Auto Owner Trust**  |  |  |
| 4.180% due 08/27/2029  | 27000 | 26986 |
| 4.400% due 11/26/2027  | 15188 | 15181 |
| 5.220% due 07/25/2029  | 54900 | 55559 |
| 5.250% due 09/27/2027  | 32710 | 32788 |
| 5.520% due 06/25/2029  | 148000 | 150351 |
| 5.530% due 09/27/2027  | 23583 | 23645 |
| **Citizens Auto Receivables Trust** <br>5.840% due 01/18/2028 | 25935 | 26105 |
| **CPS Auto Receivables Trust**  |  |  |
| 4.910% due 06/15/2028  | 17558 | 17571 |
| 5.880% due 02/15/2028  | 19258 | 19326 |
| **Drive Auto Receivables Trust**  |  |  |
| 4.500% due 09/15/2028  | 34300 | 34292 |
| 4.940% due 12/15/2027  | 48225 | 48271 |
| **Ent Auto Receivables Trust**  |  |  |
| 6.220% due 08/16/2027  | 851 | 851 |
| 6.240% due 01/16/2029  | 13289 | 13405 |
| 6.260% due 11/15/2029  | 4000 | 4113 |
| **Enterprise Fleet Financing LLC**  |  |  |
| 4.560% due 11/20/2028  | 30300 | 30484 |
| 4.650% due 10/20/2027  | 19800 | 19864 |
| 4.690% due 07/20/2027  | 28500 | 28546 |
| 4.820% due 02/20/2029  | 17800 | 18075 |
| 4.980% due 08/21/2028  | 14600 | 14800 |
| 5.310% due 04/20/2027  | 13484 | 13540 |
| **Exeter Automobile Receivables Trust**  |  |  |
| 4.450% due 03/15/2028  | 22100 | 22063 |
| 4.780% due 06/15/2027  | 25700 | 25704 |
| 4.790% due 04/15/2027  | 11278 | 11278 |
| 5.280% due 08/15/2030  | 16900 | 16934 |
| 5.600% due 05/17/2027  | 13642 | 13651 |
| 5.650% due 12/15/2027  | 15100 | 15133 |
| 5.820% due 02/15/2027  | 2760 | 2762 |
| **FCCU Auto Receivables Trust**  |  |  |
| 5.460% due 04/15/2030  | 6700 | 6862 |
| 5.540% due 04/16/2029  | 16800 | 17023 |
| 5.760% due 11/15/2027  | 13827 | 13873 |
| **First Help Financial Issuer Trust**  |  |  |
| 4.920% due 02/15/2031  | 43595 | 43751 |
| 4.940% due 11/15/2030  | 24321 | 24401 |
| 5.690% due 02/15/2030  | 17948 | 18137 |
| 5.890% due 06/15/2030  | 14799 | 14982 |
| 6.790% due 10/15/2029  | 13415 | 13609 |
| **First Help Financial Trust** <br>4.430% due 01/18/2028 | 3440 | 3439 |
| **First Investors Auto Owner Trust** <br>6.440% due 10/16/2028 | 12043 | 12159 |
| **Flagship Credit Auto Trust**  |  |  |
| 4.880% due 11/15/2028  | 6606 | 6618 |
| 5.640% due 03/15/2028  | 21980 | 22038 |
| **Ford Auto Securitization Trust**  |  |  |
| 3.724% due 11/15/2028  | 36900 | 27272 |
| 3.843% due 09/15/2030  | 29300 | 21715 |
| 3.945% due 10/15/2026  | 15373 | 11310 |
| 5.053% due 07/15/2028  | 31528 | 23499 |
| **Ford Credit Auto Owner Trust** <br>4.480% due 12/15/2026 | $1116 | 1116 |
| **Foursight Capital Automobile Receivables Trust** <br>5.490% due 01/16/2029 | 14637 | 14695 |
| **GLS Auto Receivables Issuer Trust**  |  |  |
| 4.750% due 07/17/2028  | 14500 | 14537 |
| 4.760% due 10/15/2027  | 22336 | 22339 |
| 5.020% due 04/17/2028  | 9700 | 9724 |
| 5.350% due 08/16/2027  | 10341 | 10353 |
| 5.770% due 06/15/2027  | 10337 | 10351 |
| **GLS Auto Select Receivables Trust**  |  |  |
| 4.430% due 12/17/2029  | 31691 | 31681 |
| 4.460% due 10/15/2030 (c)  | 13800 | 13807 |
| 5.240% due 03/15/2030  | 11761 | 11832 |
| 5.580% due 06/17/2030  | 23716 | 23948 |
| 5.590% due 10/15/2029  | 7144 | 7233 |
| 5.960% due 10/16/2028  | 29780 | 30064 |
| 6.270% due 08/16/2027  | 4885 | 4891 |
| 6.370% due 06/15/2028  | 13878 | 13986 |
| **GM Financial Automobile Leasing Trust** <br>4.210% due 10/20/2027 | 36300 | 36304 |
| **GM Financial Consumer Automobile Receivables Trust**  |  |  |
| 4.470% due 02/16/2028  | 15983 | 15981 |
| 5.130% due 04/16/2029  | 84800 | 85705 |
| **GMF Canada Leasing Trust**  |  |  |
| 4.827% due 08/20/2029  | 23700 | 17653 |
| 4.883% due 12/21/2026  | 27190 | 20224 |
| **GreenState Auto Receivables Trust** <br>5.530% due 08/16/2027 | $13731 | 13736 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Harley** **Marine Financing LLC**  |  |  |
| 9.250% due 12/15/2027  | 19839 | 19998 |
| 9.750% due 12/15/2027  | 19988 | 20116 |
| **Harley-Davidson Motorcycle Trust** <br>5.650% due 02/16/2027 | 10922 | 10939 |
| **Huntington Auto Trust**  |  |  |
| 5.230% due 01/16/2029  | 57600 | 58130 |
| 5.500% due 03/15/2027  | 20126 | 20151 |
| **Hyundai Auto Lease Securitization Trust** <br>5.800% due 12/15/2026 | 43381 | 43530 |
| **Hyundai Auto Receivables Trust**  |  |  |
| 4.410% due 05/15/2029  | 77000 | 77428 |
| 4.840% due 03/15/2029  | 57200 | 57809 |
| **LAD Auto Receivables Trust**  |  |  |
| 4.520% due 03/15/2029  | 12900 | 12935 |
| 4.600% due 12/15/2027  | 47500 | 47506 |
| 4.640% due 11/15/2027  | 17031 | 17029 |
| 5.460% due 07/16/2029  | 5700 | 5807 |
| 5.610% due 08/15/2028  | 14600 | 14715 |
| 5.700% due 03/15/2027  | 1330 | 1331 |
| **Lendbuzz Securitization Trust**  |  |  |
| 4.759% due 07/15/2026  | 8500 | 8504 |
| 4.970% due 10/15/2029  | 18544 | 18569 |
| 5.100% due 10/15/2030  | 13200 | 13248 |
| **M&T Bank Auto Receivables Trust**  |  |  |
| 5.220% due 02/17/2032  | 42300 | 42828 |
| 5.590% due 02/17/2032  | 19446 | 19496 |
| **Nissan Auto Receivables Owner Trust** <br>4.340% due 03/15/2029 | 39800 | 39905 |
| **Octane Receivables Trust** <br>4.940% due 05/20/2030 | 13985 | 14031 |
| **Oscar U.S. Funding LLC**  |  |  |
| 1.270% due 09/11/2028  | 2990 | 2981 |
| 4.470% due 03/12/2029  | 9300 | 9302 |
| 4.630% due 12/10/2027  | 23058 | 23090 |
| **PenFed Auto Receivables Owner Trust**  |  |  |
| 4.700% due 06/15/2029  | 28600 | 28719 |
| 5.040% due 09/15/2027  | 30161 | 30196 |
| **Porsche Innovative Lease Owner Trust**  |  |  |
| 4.350% due 10/20/2027  | 41000 | 41018 |
| 4.470% due 12/21/2026  | 19054 | 19051 |
| 4.670% due 11/22/2027  | 38800 | 38931 |
| 4.840% due 01/20/2027  | 20139 | 20160 |
| **Research-Driven Pagaya Motor Asset Trust**  |  |  |
| 4.811% due 07/27/2026  | 39500 | 39503 |
| 5.320% due 09/25/2030  | 12687 | 12737 |
| 7.130% due 01/26/2032  | 18908 | 18978 |
| **Research-Driven Pagaya Motor Trust** <br>7.090% due 06/25/2032 | 6242 | 6297 |
| **Santander Bank Auto Credit-Linked Notes** <br>4.911% due 01/18/2033 | 2209 | 2222 |
| **Santander Drive Auto Receivables Trust**  |  |  |
| 4.620% due 11/15/2028  | 19400 | 19423 |
| 4.710% due 06/15/2028  | 138200 | 138268 |
| 4.850% due 01/16/2029  | 94300 | 94591 |
| 4.880% due 09/15/2027  | 45361 | 45378 |
| 5.250% due 04/17/2028  | 6829 | 6840 |
| 5.410% due 07/15/2027  | 21493 | 21516 |
| 5.630% due 01/16/2029  | 86800 | 87250 |
| 5.800% due 09/15/2027  | 3900 | 3902 |
| 5.910% due 06/15/2027  | 7745 | 7750 |
| **SBNA Auto Lease Trust**  |  |  |
| 4.680% due 04/20/2027  | 31700 | 31717 |
| 4.830% due 04/20/2028  | 34100 | 34327 |
| 5.560% due 11/22/2027  | 56300 | 56776 |
| 5.670% due 11/20/2026  | 10972 | 10986 |
| 6.520% due 04/20/2028  | 16200 | 16422 |
| **SBNA Auto Receivables Trust**  |  |  |
| 5.210% due 04/16/2029  | 12600 | 12724 |
| 5.320% due 12/15/2028  | 41157 | 41288 |
| **SCCU Auto Receivables Trust**  |  |  |
| 5.110% due 06/15/2029  | 39500 | 39742 |
| 5.160% due 05/15/2030  | 36300 | 36825 |
| 5.450% due 12/15/2027  | 31791 | 31866 |
| 5.700% due 10/16/2028  | 20600 | 20799 |
| 5.700% due 08/15/2029  | 12200 | 12537 |
| 5.850% due 05/17/2027  | 3712 | 3716 |
| **SFS Auto Receivables Securitization Trust**  |  |  |
| 4.550% due 06/20/2030  | 41300 | 41489 |
| 4.650% due 05/22/2028  | 56417 | 56451 |
| 4.710% due 05/22/2028  | 19401 | 19414 |
| 4.940% due 01/21/2031  | 3650 | 3703 |
| 4.950% due 05/21/2029  | 16200 | 16277 |
| 5.470% due 10/20/2028  | 2773 | 2792 |
| 5.710% due 10/20/2027  | 24364 | 24422 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Taupe** **Funding Trust**  |  |  |
| 5.830% due 01/21/2031  | 22644 | 22669 |
| 5.860% due 01/21/2031  | 65104 | 65353 |
| 5.940% due 01/21/2031  | 69065 | 69863 |
| **Tesla Auto Lease Trust** <br>4.790% due 01/20/2027 | 23127 | 23137 |
| **Tesla Electric Vehicle Trust**  |  |  |
| 5.380% due 06/20/2028  | 45000 | 45392 |
| 5.380% due 02/20/2029  | 15000 | 15282 |
| **Toyota Auto Receivables Owner Trust** <br>4.400% due 06/15/2029 | 56100 | 56365 |
| **Tricolor Auto Securitization Trust** <br>6.360% due 12/15/2027 | 2729 | 2738 |
| **Veros Auto Receivables Trust** <br>6.280% due 11/15/2027 | 4267 | 4287 |
| **VStrong Auto Receivables Trust** <br>5.790% due 08/16/2027 | 1073 | 1074 |
| **Westlake Automobile Receivables Trust**  |  |  |
| 4.710% due 04/17/2028  | 28800 | 28912 |
| 4.820% due 09/15/2027  | 63803 | 63833 |
| 5.440% due 05/17/2027  | 13800 | 13827 |
| 5.560% due 02/15/2028  | 17300 | 17415 |
| 5.620% due 03/15/2027  | 5986 | 5990 |
| 5.750% due 08/16/2027  | 41647 | 41753 |
| **World Omni Auto Receivables Trust**  |  |  |
| 4.430% due 12/17/2029  | 69100 | 69406 |
| 5.270% due 09/17/2029  | 25900 | 26172 |
| 5.480% due 09/15/2027  | 1702 | 1705 |
| 5.610% due 02/15/2028  | 4554 | 4571 |
| **World Omni Select Auto Trust**  |  |  |
| 4.980% due 02/15/2030  | 21400 | 21521 |
| 5.370% due 02/15/2028  | 16147 | 16185 |
|  |  | 5360246 |
| **CASINO SERVICES 0.0%**  |  |  |
| **Gateway Casinos & Entertainment Ltd.** <br>5.000% due 03/12/2038 « | 73504 | 49588 |
| **CMBS OTHER 0.2%**  |  |  |
| **ACREC Ltd.** <br>5.579% due 10/16/2036 •  | $8017 | 7999 |
| **AREIT Trust** <br>6.426% due 08/17/2041 •  | 38100 | 38239 |
| **KREF Ltd.** <br>5.768% due 02/17/2039 •  | 12137 | 12159 |
| **LoanCore Issuer Ltd.** <br>5.853% due 01/17/2037 •  | 11213 | 11242 |
| **M360 Ltd.** <br>5.936% due 11/22/2038 •  | 86 | 84 |
| **MF1 LLC**  |  |  |
| 5.635% due 02/18/2040 • | 100200 | 100072 |
| 6.055% due 03/19/2039 • | 38000 | 38162 |
| 6.953% due 09/17/2037 • | 102060 | 102452 |
| **PFP Ltd.** <br>6.144% due 09/17/2039 •  | 76589 | 76862 |
|  |  | 387271 |
| **CREDIT CARD OTHER 0.2%**  |  |  |
| **Golden Credit Card Trust**  |  |  |
| 1.140% due 08/15/2028  | 179500 | 173307 |
| 1.970% due 01/15/2029  | 220500 | 213002 |
|  |  | 386309 |
| **HOME EQUITY OTHER 4.4%**  |  |  |
| **Aames Mortgage Investment Trust**  |  |  |
| 5.349% due 10/25/2035 • | 9557 | 9005 |
| 6.459% due 01/25/2035 • | 1069 | 1042 |
| **ABFC Trust**  |  |  |
| 4.694% due 01/25/2037 • | 39907 | 28647 |
| 4.714% due 10/25/2036 • | 33957 | 30118 |
| 4.714% due 11/25/2036 • | 5929 | 3502 |
| 4.754% due 11/25/2036 • | 13342 | 5422 |
| 4.854% due 09/25/2036 • | 32961 | 28652 |
| 4.934% due 11/25/2036 • | 2488 | 1011 |
| 5.094% due 03/25/2035 • | 2336 | 2291 |
| 5.134% due 06/25/2034 • | 1650 | 1657 |
| 5.214% due 09/25/2033 • | 618 | 599 |
| 5.334% due 02/25/2034 • | 1676 | 1678 |
| 5.409% due 06/25/2035 • | 12145 | 11540 |
| 5.434% due 06/25/2037 • | 2209 | 1843 |
| 5.439% due 03/25/2035 • | 1539 | 1406 |
| 5.559% due 12/25/2032 • | 21 | 21 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.204% due 12/25/2033 • | 4412 | 4515 |
| 6.609% due 01/25/2034 • | 314 | 188 |
| 7.134% due 07/25/2033 • | 276 | 267 |
| **Accredited Mortgage Loan Trust**  |  |  |
| 4.654% due 02/25/2037 • | 17906 | 17803 |
| 4.704% due 09/25/2036 • | 1486 | 1418 |
| 4.704% due 02/25/2037 • | 5000 | 4739 |
| 5.034% due 07/25/2034 • | 1513 | 1528 |
| 5.304% due 09/25/2035 • | 2753 | 2649 |
| 5.334% due 10/25/2034 • | 62 | 79 |
| 5.409% due 10/25/2034 • | 9 | 11 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.554% due 10/25/2036 • | 154 | 61 |
| 4.574% due 11/25/2036 • | 7476 | 3067 |
| 4.614% due 07/25/2036 • | 37048 | 9068 |
| 4.674% due 11/25/2036 • | 27020 | 11088 |
| 4.674% due 12/25/2036 • | 9285 | 3378 |
| 4.674% due 01/25/2037 • | 1029 | 621 |
| 4.694% due 12/25/2036 • | 92724 | 48099 |
| 4.714% due 06/25/2036 • | 9991 | 9542 |
| 4.714% due 07/25/2036 • | 42154 | 33846 |
| 4.714% due 10/25/2036 • | 39896 | 19104 |
| 4.714% due 12/25/2036 • | 20015 | 12690 |
| 4.734% due 04/25/2036 • | 3826 | 3727 |
| 4.734% due 07/25/2036 • | 34498 | 9770 |
| 4.774% due 11/25/2036 • | 6018 | 2470 |
| 4.774% due 01/25/2037 • | 1097 | 662 |
| 4.814% due 02/25/2036 • | 4978 | 4945 |
| 4.874% due 08/25/2036 • | 22086 | 20834 |
| 4.874% due 11/25/2036 • | 8082 | 3316 |
| 4.874% due 12/25/2036 • | 7744 | 2461 |
| 4.874% due 01/25/2037 • | 19352 | 4212 |
| 4.874% due 05/25/2037 • | 19681 | 3062 |
| 4.914% due 07/25/2036 • | 17703 | 5272 |
| 4.934% due 07/25/2036 • | 31484 | 7706 |
| 4.934% due 01/25/2037 • | 1029 | 621 |
| 4.974% due 08/25/2036 • | 6805 | 6071 |
| 5.034% due 02/25/2036 • | 313 | 311 |
| 5.094% due 08/25/2035 • | 2695 | 2646 |
| 5.094% due 11/25/2035 • | 261 | 283 |
| 5.334% due 09/25/2033 • | 1028 | 1023 |
| 5.334% due 12/25/2034 • | 941 | 851 |
| 5.364% due 02/25/2036 • | 1302 | 1222 |
| 5.394% due 08/25/2035 • | 1718 | 1433 |
| 5.409% due 06/25/2034 • | 5532 | 5270 |
| 5.424% due 05/25/2035 • | 3357 | 2605 |
| 5.439% due 07/25/2035 • | 10309 | 10172 |
| 5.469% due 06/25/2035 • | 4396 | 4173 |
| 5.484% due 12/25/2033 • | 646 | 663 |
| 5.559% due 04/25/2035 • | 3371 | 3030 |
| 5.604% due 07/25/2033 • | 1260 | 1164 |
| 7.629% due 06/25/2034 • | 840 | 706 |
| **Aegis Asset-Backed Securities Trust**  |  |  |
| 4.914% due 01/25/2037 • | 5399 | 4049 |
| 5.079% due 12/25/2035 • | 7863 | 7396 |
| 5.184% due 03/25/2035 • | 9303 | 8150 |
| 5.224% due 03/25/2035 • | 2347 | 1067 |
| 5.434% due 03/25/2035 • | 261 | 249 |
| **Aegis Asset-Backed Securities Trust Mortgage Pass-Through Certificates**  |  |  |
| 5.139% due 10/25/2035 • | 4400 | 4204 |
| 5.334% due 09/25/2034 • | 1252 | 1358 |
| 5.334% due 10/25/2034 • | 312 | 364 |
| 5.484% due 01/25/2034 • | 340 | 342 |
| 6.159% due 10/25/2034 • | 2704 | 2921 |
| 6.264% due 12/25/2034 • | 6006 | 5436 |
| 6.534% due 12/25/2034 • | 111 | 12 |
| **AFC Home Equity Loan Trust**  |  |  |
| 5.034% due 09/27/2027 • | 7 | 7 |
| 5.084% due 09/22/2028 • | 13 | 13 |
| 5.314% due 02/25/2029 • | 77 | 75 |
| **Ameriquest Mortgage Securities Trust**  |  |  |
| 4.534% due 10/25/2036 • | 7177 | 2110 |
| 4.594% due 10/25/2036 • | 9071 | 2667 |
| 4.609% due 10/25/2036 • | 3131 | 1730 |
| 4.674% due 10/25/2036 • | 21468 | 6312 |
| 4.989% due 04/25/2036 • | 9150 | 8970 |
| 5.094% due 03/25/2036 • | 11988 | 11202 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 3.031% due 06/25/2033 • | 958 | 907 |
| 3.620% due 04/25/2034 • | 981 | 931 |
| 3.735% due 05/25/2034  | 5525 | 4699 |
| 4.391% due 11/25/2034 • | 10851 | 9672 |
| 5.184% due 01/25/2036 • | 4613 | 4544 |
| 5.304% due 07/25/2034 • | 8 | 8 |
| 5.304% due 01/25/2036 • | 14093 | 13728 |
| 5.349% due 01/25/2035 • | 254 | 258 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.394% due 10/25/2035 • | 2718 | 2605 |
| 5.409% due 05/25/2035 • | 9300 | 9024 |
| 5.409% due 07/25/2035 • | 11300 | 10922 |
| 5.409% due 09/25/2035 • | 12785 | 11267 |
| 5.454% due 09/25/2034 • | 510 | 520 |
| 5.454% due 10/25/2034 • | 101 | 100 |
| 5.454% due 01/25/2035 • | 2072 | 2023 |
| 5.484% due 05/25/2035 • | 4588 | 4217 |
| 5.484% due 07/25/2035 • | 9000 | 8120 |
| 5.529% due 09/25/2034 • | 11378 | 10671 |
| 5.604% due 03/25/2035 • | 6952 | 6692 |
| 5.709% due 08/25/2035 • | 2782 | 2693 |
| 5.994% due 01/25/2035 • | 2184 | 2072 |
| 6.159% due 05/25/2034 • | 9616 | 9494 |
| 6.159% due 08/25/2035 • | 14800 | 13704 |
| 6.189% due 10/25/2034 • | 1813 | 1718 |
| 6.309% due 07/25/2034 • | 744 | 735 |
| 6.414% due 05/25/2035 • | 1000 | 859 |
| 7.209% due 03/25/2033 • | 52 | 39 |
| 7.809% due 11/25/2032 • | 1080 | 1137 |
| 7.959% due 11/25/2032 • | 3 | 2 |
| 9.684% due 02/25/2033 • | 954 | 898 |
| **Amortizing Residential Collateral Trust**  |  |  |
| 5.134% due 10/25/2031 • | 7 | 7 |
| 5.259% due 08/25/2031 • | 205 | 217 |
| 5.834% due 01/25/2033 • | 25 | 26 |
| 6.234% due 07/25/2032 • | 29 | 30 |
| **Argent Securities Trust**  |  |  |
| 4.544% due 09/25/2036 • | 9175 | 2949 |
| 4.614% due 07/25/2036 • | 7890 | 2125 |
| 4.674% due 09/25/2036 • | 4105 | 1319 |
| 4.734% due 06/25/2036 • | 31591 | 8615 |
| 4.734% due 07/25/2036 • | 86297 | 53593 |
| 4.754% due 05/25/2036 • | 5257 | 1266 |
| 4.784% due 04/25/2036 • | 18174 | 9944 |
| 4.794% due 04/25/2036 • | 6505 | 2032 |
| 4.814% due 03/25/2036 • | 14012 | 12932 |
| 4.914% due 06/25/2036 • | 5406 | 1474 |
| 4.914% due 07/25/2036 • | 5158 | 1389 |
| 4.974% due 05/25/2036 • | 15250 | 3672 |
| 4.994% due 04/25/2036 • | 6469 | 2020 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 4.062% due 10/25/2034 • | 505 | 491 |
| 5.124% due 11/25/2035 • | 25774 | 22677 |
| 5.169% due 10/25/2035 • | 871 | 863 |
| 5.194% due 02/25/2036 • | 2674 | 2161 |
| 5.559% due 11/25/2034 • | 1344 | 1346 |
| 6.234% due 11/25/2034 • | 3311 | 3020 |
| 6.309% due 11/25/2034 • | 2189 | 1865 |
| 6.534% due 11/25/2034 • | 85 | 83 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |
| 3.467% due 03/25/2036 • | 11463 | 10593 |
| 3.809% due 12/25/2036 • | 1797 | 1738 |
| 3.921% due 01/25/2036 • | 17633 | 15802 |
| 3.929% due 12/25/2036 • | 14017 | 13243 |
| 4.724% due 11/25/2036 • | 5748 | 5606 |
| 4.779% due 11/25/2036 • | 35132 | 33849 |
| 5.334% due 06/25/2035 • | 4026 | 3956 |
| 5.394% due 11/25/2035 • | 16330 | 14180 |
| 5.409% due 10/25/2034 • | 3991 | 3997 |
| 5.454% due 05/25/2035 • | 4979 | 4916 |
| 5.454% due 07/25/2035 • | 2746 | 2669 |
| 5.514% due 04/25/2035 • | 3982 | 3628 |
| 5.529% due 02/25/2035 • | 50 | 50 |
| 5.544% due 07/25/2035 • | 3794 | 3415 |
| 6.076% due 03/15/2032 • | 37 | 39 |
| 6.279% due 05/25/2035 • | 7217 | 6816 |
| **Basic Asset-Backed Securities Trust** <br>5.004% due 04/25/2036 •  | 7507 | 7130 |
| **Bayview Financial Acquisition Trust** <br>4.966% due 05/28/2037 •  | 2764 | 2634 |
| **Bayview Financial Asset Trust**  |  |  |
| 4.884% due 03/25/2037 • | 3286 | 3304 |
| 5.234% due 03/25/2037 • | 1708 | 1724 |
| 5.334% due 03/25/2037 • | 1786 | 1804 |
| 5.584% due 03/25/2037 • | 971 | 980 |
| 5.934% due 03/25/2037 • | 899 | 906 |
| **Bayview Financial Mortgage Pass-Through Trust** <br>5.311% due 04/28/2036 •  | 3795 | 3797 |
| **Bayview Financial Revolving Asset Trust** <br>5.371% due 12/28/2040 •  | 680 | 678 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 2.744% due 09/25/2034 • | 18 | 17 |
| 4.694% due 02/25/2037 • | 7752 | 7552 |
| 4.714% due 04/25/2037 • | 4816 | 4581 |
| 4.734% due 11/25/2036 • | 753 | 746 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.734% due 06/25/2047 • | 261 | 258 |
| 4.754% due 08/25/2036 • | 2863 | 2773 |
| 4.774% due 12/25/2036 • | 4197 | 4001 |
| 4.784% due 05/25/2037 • | 14775 | 12391 |
| 4.884% due 06/25/2036 • | 541 | 540 |
| 4.884% due 01/25/2047 • | 9374 | 9208 |
| 4.907% due 02/25/2036 • | 6954 | 6819 |
| 4.914% due 02/25/2037 • | 25647 | 24625 |
| 4.934% due 01/25/2037 • | 9248 | 8996 |
| 4.974% due 11/25/2035 • | 20378 | 20354 |
| 4.974% due 05/25/2036 • | 20454 | 19696 |
| 4.985% due 12/25/2035 • | 4105 | 4065 |
| 5.004% due 04/25/2036 • | 14253 | 14011 |
| 5.109% due 08/25/2036 • | 296 | 296 |
| 5.144% due 04/25/2035 • | 3009 | 3006 |
| 5.194% due 01/25/2037 • | 1026 | 1025 |
| 5.214% due 12/25/2035 • | 2685 | 2683 |
| 5.234% due 10/27/2032 • | 7 | 7 |
| 5.238% due 05/25/2035 • | 663 | 663 |
| 5.274% due 08/25/2036 • | 1400 | 1391 |
| 5.384% due 10/25/2037 • | 6115 | 5974 |
| 5.409% due 02/25/2034 • | 1039 | 1054 |
| 5.434% due 10/25/2037 • | 6853 | 6601 |
| 5.434% due 11/25/2042 • | 333 | 331 |
| 5.439% due 06/25/2035 • | 2897 | 2835 |
| 5.454% due 10/25/2035 • | 3676 | 3671 |
| 5.484% due 08/25/2037 • | 674 | 603 |
| 5.514% due 06/25/2035 • | 3649 | 3655 |
| 5.620% due 01/25/2035 • | 4342 | 4385 |
| 5.789% due 12/25/2034 • | 13369 | 13339 |
| 6.034% due 08/25/2037 • | 29266 | 25367 |
| 7.059% due 09/25/2035 • | 4512 | 4555 |
| **Bear Stearns Second Lien Trust**  |  |  |
| 4.624% due 01/25/2037 • | 500 | 492 |
| 4.874% due 08/25/2037 • | 3748 | 3509 |
| **Bear Stearns Structured Products, Inc. Trust** <br>6.434% due 03/25/2037 •  | 2806 | 2750 |
| **BNC Mortgage Loan Trust**  |  |  |
| 4.204% due 10/25/2036 • | 7200 | 5057 |
| 4.644% due 07/25/2037 • | 5412 | 5014 |
| 4.754% due 11/25/2036 • | 468 | 458 |
| 5.054% due 11/25/2036 • | 40973 | 21467 |
| **Carrington Mortgage Loan Trust**  |  |  |
| 4.584% due 04/25/2036 • | 14218 | 13976 |
| 4.594% due 10/25/2036 • | 13275 | 10077 |
| 4.654% due 01/25/2037 • | 23866 | 17934 |
| 4.684% due 10/25/2036 • | 4373 | 3321 |
| 4.694% due 02/25/2037 • | 7567 | 7327 |
| 4.734% due 08/25/2036 • | 4351 | 4229 |
| 4.854% due 12/26/2036 • | 8317 | 7181 |
| 4.974% due 02/25/2036 • | 9513 | 8874 |
| 5.184% due 10/25/2035 • | 656 | 640 |
| 5.229% due 09/25/2035 • | 1217 | 1201 |
| 5.424% due 06/25/2035 • | 2769 | 2775 |
| 5.484% due 05/25/2035 • | 3838 | 3723 |
| 6.459% due 05/25/2035 • | 10024 | 9591 |
| **CDC Mortgage Capital Trust**  |  |  |
| 5.349% due 11/25/2034 • | 17 | 20 |
| 6.234% due 06/25/2034 • | 376 | 377 |
| **Centex Home Equity Loan Trust**  |  |  |
| 4.734% due 01/25/2032 • | 19 | 19 |
| 4.746% due 06/25/2034 • | 428 | 419 |
| 4.894% due 07/25/2032 • | 40 | 37 |
| 4.914% due 06/25/2036 • | 19874 | 19627 |
| 5.034% due 01/25/2034 • | 380 | 393 |
| 5.089% due 09/25/2032 • | 201 | 201 |
| 5.124% due 03/25/2035 • | 1095 | 1094 |
| 5.154% due 01/25/2035 • | 24 | 24 |
| 5.259% due 01/25/2035 • | 851 | 834 |
| 5.364% due 09/25/2034 • | 2640 | 2618 |
| 5.394% due 10/25/2035 • | 4714 | 4716 |
| 5.559% due 03/25/2035 • | 907 | 804 |
| 5.634% due 01/25/2035 • | 1291 | 1244 |
| 6.164% due 03/25/2033 • | 61 | 60 |
| 6.234% due 10/25/2035 • | 12568 | 12060 |
| 6.260% due 09/25/2034  | 768 | 757 |
| **Chase Funding Loan Acquisition Trust**  |  |  |
| 4.835% due 12/25/2032  | 547 | 547 |
| 5.289% due 06/25/2034 • | 5693 | 5728 |
| **Chase Funding Trust**  |  |  |
| 4.725% due 05/25/2033  | 3596 | 3446 |
| 4.934% due 05/25/2032 • | 25 | 25 |
| 5.034% due 07/25/2033 • | 6 | 6 |
| 5.160% due 03/25/2033 þ  | 1565 | 1575 |
| **CHEC Loan Trust** <br>5.394% due 06/25/2034 •  | 69 | 71 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CIT** **Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 30042 | 30358 |
| **Citicorp Residential Mortgage Trust**  |  |  |
| 4.484% due 11/25/2036  | 1179 | 1158 |
| 4.502% due 06/25/2037  | 14000 | 13801 |
| 4.558% due 09/25/2036  | 18860 | 18365 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.162% due 10/25/2037  | 11859 | 11451 |
| 4.494% due 07/25/2045 • | 1165 | 809 |
| 4.594% due 01/25/2037 • | 10245 | 7495 |
| 4.604% due 05/25/2037 • | 32935 | 24707 |
| 4.624% due 05/25/2037 • | 29563 | 19722 |
| 4.634% due 12/25/2036 • | 3019 | 2033 |
| 4.704% due 05/25/2037 • | 25635 | 24276 |
| 4.714% due 12/25/2036 • | 4353 | 4232 |
| 4.754% due 09/25/2036 • | 4245 | 3811 |
| 4.754% due 12/25/2036 • | 6125 | 4130 |
| 4.794% due 01/25/2037 • | 61203 | 44770 |
| 4.809% due 12/25/2036 • | 14644 | 14205 |
| 4.854% due 12/25/2036 • | 5280 | 5228 |
| 4.884% due 08/25/2036 • | 5505 | 5399 |
| 4.934% due 08/25/2036 • | 3350 | 3330 |
| 4.934% due 01/25/2037 • | 19925 | 14573 |
| 5.034% due 12/25/2035 • | 11656 | 11251 |
| 5.139% due 01/25/2036 • | 2120 | 2120 |
| **Citigroup Mortgage Loan Trust Asset-Backed Pass-Through Certificates**  |  |  |
| 5.379% due 10/25/2034 • | 3797 | 3694 |
| 6.009% due 10/25/2034 • | 499 | 426 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.694% due 03/25/2037 • | 25639 | 23115 |
| 4.954% due 03/25/2036 • | 3187 | 2908 |
| 5.064% due 02/25/2035 • | 1066 | 1004 |
| 5.109% due 10/25/2035 • | 245 | 241 |
| 5.124% due 10/25/2035 • | 3900 | 3617 |
| 5.169% due 09/25/2035 • | 833 | 829 |
| 5.334% due 09/25/2035 • | 6350 | 6147 |
| 5.484% due 02/25/2035 • | 50 | 43 |
| **Countrywide Asset-Backed Certificates**  |  |  |
| 4.714% due 03/25/2037 • | 1762 | 1756 |
| 4.724% due 05/25/2047 • | 944 | 909 |
| 4.834% due 02/25/2037 • | 1443 | 1354 |
| 4.869% due 11/25/2036 • | 13435 | 12864 |
| 4.874% due 07/25/2034 • | 3757 | 3696 |
| 4.914% due 03/25/2037 • | 21033 | 19356 |
| 4.914% due 04/25/2037 • | 4796 | 4217 |
| 4.934% due 01/25/2046 • | 27349 | 25932 |
| 5.114% due 12/25/2036 • | 7117 | 5776 |
| 5.334% due 09/25/2034 • | 185 | 180 |
| 5.334% due 03/25/2047 • | 5513 | 4263 |
| 5.529% due 05/25/2035 • | 1019 | 997 |
| 5.634% due 10/25/2035 • | 1935 | 1921 |
| 6.009% due 08/25/2034 • | 9276 | 8531 |
| 6.459% due 01/25/2035 • | 4674 | 4550 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 3.685% due 04/25/2035 • | 661 | 651 |
| 4.220% due 07/25/2034 ~  | 977 | 667 |
| 4.220% due 08/25/2034 ~  | 2442 | 2088 |
| 4.267% due 01/25/2037 • | 10415 | 10284 |
| 4.276% due 10/25/2046 ~  | 139 | 142 |
| 4.574% due 07/25/2037 • | 39698 | 37050 |
| 4.574% due 08/25/2037 • | 53642 | 48730 |
| 4.614% due 06/25/2047 • | 4362 | 4141 |
| 4.624% due 11/25/2037 • | 10553 | 10041 |
| 4.634% due 06/25/2047 • | 16979 | 15011 |
| 4.664% due 07/25/2037 • | 46686 | 41251 |
| 4.664% due 10/25/2047 • | 962 | 956 |
| 4.684% due 02/25/2036 • | 5400 | 5211 |
| 4.684% due 06/25/2047 • | 15932 | 15400 |
| 4.694% due 12/25/2036 • | 8140 | 7466 |
| 4.694% due 11/25/2037 • | 41208 | 38531 |
| 4.694% due 04/25/2046 • | 17646 | 16740 |
| 4.714% due 05/25/2035 • | 12537 | 12289 |
| 4.714% due 06/25/2035 • | 11732 | 10676 |
| 4.714% due 02/25/2037 • | 17090 | 16147 |
| 4.714% due 03/25/2037 • | 13684 | 13387 |
| 4.714% due 05/25/2037 • | 26870 | 25586 |
| 4.714% due 06/25/2037 • | 13645 | 13018 |
| 4.714% due 04/25/2047 • | 9255 | 8984 |
| 4.714% due 06/25/2047 • | 37100 | 34646 |
| 4.724% due 10/25/2047 • | 10000 | 8661 |
| 4.794% due 11/25/2047 • | 18176 | 17339 |
| 4.798% due 05/25/2036 • | 22800 | 21985 |
| 4.834% due 09/25/2037 • | 23900 | 21916 |
| 4.834% due 09/25/2047 • | 22077 | 20652 |
| 4.874% due 05/25/2037 • | 2005 | 1930 |
| 4.874% due 06/25/2037 • | 3128 | 3067 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.874% due 09/25/2037 • | 4308 | 4479 |
| 4.874% due 06/25/2047 • | 44388 | 41768 |
| 4.874% due 09/25/2047 • | 4913 | 4919 |
| 4.884% due 02/25/2037 • | 2880 | 2866 |
| 4.894% due 05/25/2037 • | 10568 | 9892 |
| 4.914% due 09/25/2036 • | 15735 | 14666 |
| 4.914% due 02/25/2037 • | 14159 | 13583 |
| 4.914% due 12/25/2046 • | 12215 | 11851 |
| 4.934% due 04/25/2046 • | 1490 | 1467 |
| 4.934% due 11/25/2047 • | 18757 | 17126 |
| 4.954% due 12/25/2036 • | 1722 | 1646 |
| 4.954% due 09/25/2046 • | 10037 | 9630 |
| 4.959% due 08/25/2036 • | 990 | 972 |
| 4.989% due 04/25/2036 • | 3586 | 3559 |
| 5.014% due 06/25/2037 • | 7512 | 7309 |
| 5.034% due 06/25/2033 • | 6 | 6 |
| 5.050% due 02/25/2036 ~  | 5 | 5 |
| 5.074% due 05/25/2047 • | 19677 | 14290 |
| 5.094% due 08/25/2035 • | 4669 | 4603 |
| 5.094% due 07/25/2036 • | 47 | 47 |
| 5.115% due 10/25/2035 ~  | 5000 | 4601 |
| 5.134% due 12/25/2033 • | 340 | 338 |
| 5.134% due 03/25/2036 • | 4381 | 3835 |
| 5.139% due 09/25/2035 • | 6073 | 5952 |
| 5.154% due 08/25/2035 • | 8200 | 7525 |
| 5.169% due 04/25/2036 • | 21185 | 21109 |
| 5.174% due 12/25/2034 • | 653 | 641 |
| 5.199% due 02/25/2036 • | 6722 | 6697 |
| 5.214% due 11/25/2034 • | 247 | 238 |
| 5.270% due 02/25/2035 ~  | 3538 | 3469 |
| 5.274% due 10/25/2047 • | 8815 | 8646 |
| 5.289% due 08/25/2034 • | 59 | 59 |
| 5.334% due 11/25/2034 • | 224 | 218 |
| 5.334% due 05/25/2036 • | 331 | 326 |
| 5.409% due 10/25/2034 • | 103 | 103 |
| 5.409% due 12/25/2035 • | 676 | 674 |
| 5.424% due 02/25/2036 • | 6000 | 5414 |
| 5.484% due 07/25/2033 • | 203 | 203 |
| 5.484% due 11/25/2034 • | 64 | 76 |
| 5.529% due 04/25/2036 • | 11300 | 11000 |
| 5.544% due 08/25/2035 • | 2424 | 2398 |
| 5.559% due 11/25/2035 • | 3267 | 3237 |
| 5.572% due 11/25/2034 ~  | 1888 | 1853 |
| 5.574% due 01/25/2036 • | 7675 | 7589 |
| 6.084% due 06/25/2035 • | 4885 | 4847 |
| 6.159% due 05/25/2035 • | 322 | 319 |
| 6.264% due 12/25/2035 • | 9836 | 8930 |
| 6.309% due 12/25/2034 • | 1086 | 1198 |
| 6.309% due 07/25/2035 • | 6709 | 6617 |
| 6.384% due 08/25/2035 • | 5250 | 5016 |
| 6.834% due 10/25/2034 • | 570 | 561 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 4.562% due 01/25/2032 • | 3 | 3 |
| 4.685% due 08/25/2032 • | 85 | 78 |
| 5.435% due 02/25/2035 • | 2695 | 2693 |
| **Credit-Based Asset Servicing & Securitization LLC**  |  |  |
| 3.100% due 08/25/2035 • | 6757 | 6410 |
| 3.294% due 12/25/2035 • | 19631 | 17960 |
| 3.578% due 10/25/2034 • | 1470 | 1399 |
| 3.646% due 12/25/2035 • | 1709 | 1635 |
| 4.554% due 07/25/2037 • | 4128 | 2716 |
| 4.654% due 07/25/2037 • | 3815 | 2511 |
| 4.714% due 06/25/2036 • | 6826 | 4613 |
| 4.774% due 07/25/2037 • | 4040 | 2658 |
| 4.934% due 06/25/2036 • | 15452 | 10441 |
| 5.349% due 01/25/2034 • | 803 | 863 |
| 6.780% due 05/25/2035  | 1647 | 1526 |
| **Credit-Based Asset Servicing & Securitization Mortgage Loan Asset-Backed Certificates** <br>3.378% due 11/25/2035 •  | 3252 | 3108 |
| **Credit-Based Asset Servicing & Securitization Trust**  |  |  |
| 3.205% due 04/25/2037 • | 2027 | 1159 |
| 3.221% due 01/25/2037 • | 459 | 134 |
| 3.364% due 07/25/2036 • | 14168 | 13463 |
| 4.554% due 11/25/2036 • | 58 | 26 |
| 4.714% due 10/25/2036 • | 10457 | 7507 |
| 4.894% due 11/25/2036 • | 5122 | 2327 |
| 4.914% due 10/25/2036 • | 1846 | 1268 |
| **DFC HEL Trust** <br>6.309% due 12/25/2031 •  | 1188 | 1126 |
| **Ellington Loan Acquisition Trust**  |  |  |
| 5.484% due 05/25/2037 • | 28071 | 27566 |
| 5.934% due 05/25/2037 • | 1491 | 1470 |
| 6.034% due 05/25/2037 • | 35744 | 32111 |
| **EMC Mortgage Loan Trust**  |  |  |
| 5.174% due 05/25/2040 • | 29 | 29 |
| 5.534% due 08/25/2040 • | 210 | 211 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.534% due 11/25/2041 • | 28 | 28 |
| **Encore Credit Receivables Trust**  |  |  |
| 5.124% due 07/25/2035 • | 7632 | 7476 |
| 5.334% due 10/25/2035 • | 2270 | 2262 |
| 5.334% due 01/25/2036 • | 5461 | 5348 |
| **Equifirst Loan Securitization Trust** <br>4.604% due 04/25/2037 •  | 24032 | 22235 |
| **EquiFirst Mortgage Loan Trust**  |  |  |
| 5.439% due 04/25/2035 • | 35 | 35 |
| 5.499% due 04/25/2035 • | 1904 | 1851 |
| 5.934% due 12/25/2034 • | 111 | 110 |
| 6.159% due 12/25/2034 • | 756 | 737 |
| 6.234% due 04/25/2035 • | 4623 | 4183 |
| 6.909% due 12/25/2034 • | 501 | 464 |
| 8.334% due 12/25/2034 • | 985 | 838 |
| **FBR Securitization Trust** <br>5.139% due 11/25/2035 •  | 212 | 210 |
| **Fieldstone Mortgage Investment Trust**  |  |  |
| 4.679% due 11/25/2036 • | 1553 | 969 |
| 4.714% due 07/25/2036 • | 14100 | 10685 |
| 4.814% due 05/25/2036 • | 20733 | 15454 |
| 4.919% due 11/25/2036 • | 9290 | 5798 |
| 5.079% due 02/25/2036 • | 6303 | 5519 |
| 5.604% due 03/25/2035 • | 2319 | 1995 |
| **Finance America Mortgage Loan Trust** <br>5.484% due 09/25/2033 •  | 73 | 73 |
| **Finance of America HECM Buyout** <br>4.000% due 10/01/2034 ~ | 49376 | 49071 |
| **Financial Asset Securities Corp. AAA Trust** <br>4.846% due 02/27/2035 •  | 1197 | 1146 |
| **First NLC Trust**  |  |  |
| 1.656% due 05/25/2035 • | 1078 | 0 |
| 4.504% due 08/25/2037 • | 4020 | 2009 |
| **Fremont Home Loan Trust**  |  |  |
| 4.634% due 08/25/2036 • | 4609 | 1439 |
| 4.654% due 01/25/2037 • | 22024 | 10049 |
| 4.694% due 11/25/2036 • | 20332 | 7128 |
| 4.704% due 10/25/2036 • | 8238 | 7495 |
| 4.734% due 10/25/2036 • | 4915 | 1966 |
| 4.754% due 08/25/2036 • | 30561 | 9538 |
| 4.774% due 02/25/2036 • | 5583 | 5416 |
| 4.774% due 02/25/2037 • | 17425 | 5331 |
| 4.914% due 08/25/2036 • | 7824 | 2442 |
| 4.934% due 05/25/2036 • | 6550 | 4186 |
| 4.974% due 04/25/2036 • | 28201 | 25744 |
| 5.049% due 11/25/2035 • | 2802 | 2578 |
| 5.109% due 01/25/2036 • | 44985 | 37388 |
| 5.304% due 11/25/2034 • | 1840 | 1657 |
| 5.364% due 06/25/2035 • | 1137 | 1059 |
| 5.394% due 04/25/2035 • | 5257 | 4532 |
| 5.439% due 04/25/2035 • | 5809 | 847 |
| 5.484% due 11/25/2034 • | 4139 | 3900 |
| 5.499% due 06/25/2035 • | 1955 | 1927 |
| 5.589% due 06/25/2035 • | 22416 | 18812 |
| **GE-WMC Mortgage Securities Trust**  |  |  |
| 4.514% due 08/25/2036 • | 2 | 1 |
| 4.694% due 08/25/2036 • | 2294 | 2124 |
| **GSAA Home Equity Trust**  |  |  |
| 4.554% due 05/25/2036 • | 5950 | 1245 |
| 4.574% due 03/25/2036 • | 19 | 6 |
| 4.634% due 03/25/2037 • | 29960 | 8199 |
| 4.674% due 06/25/2036 • | 58976 | 11030 |
| 4.754% due 06/25/2036 • | 34297 | 6436 |
| 4.774% due 10/25/2036 • | 35800 | 8565 |
| 4.774% due 02/25/2037 • | 7852 | 2193 |
| 4.794% due 03/25/2036 • | 18996 | 6120 |
| 4.794% due 05/25/2036 • | 21035 | 4440 |
| 4.794% due 11/25/2036 • | 16597 | 4003 |
| 4.814% due 03/25/2036 • | 12374 | 4166 |
| 4.874% due 05/25/2047 • | 5172 | 2999 |
| 4.894% due 04/25/2047 • | 3289 | 1432 |
| 4.914% due 06/25/2036 • | 2574 | 657 |
| 4.934% due 01/25/2036 • | 4147 | 1272 |
| 4.974% due 03/25/2036 • | 21765 | 9839 |
| 5.074% due 04/25/2047 • | 10099 | 4380 |
| 5.134% due 08/25/2037 • | 685 | 674 |
| 5.169% due 06/25/2035 • | 2106 | 2070 |
| 5.229% due 08/25/2035 • | 4304 | 4232 |
| 5.344% due 09/25/2035 ~  | 149 | 100 |
| 5.409% due 06/25/2034 • | 489 | 486 |
| 5.679% due 09/25/2036 ~  | 8971 | 2283 |
| 5.772% due 11/25/2036 ~  | 6862 | 1896 |
| 5.917% due 03/25/2037 ~  | 33089 | 5981 |
| 6.000% due 11/25/2037  | 540 | 276 |
| 6.376% due 09/25/2036 þ  | 8066 | 2048 |
| 6.423% due 11/25/2036 þ  | 19917 | 5493 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.483% due 03/25/2037 þ  | 9230 | 2486 |
| 6.500% due 10/25/2037  | 4924 | 2771 |
| 6.500% due 11/25/2037  | 12684 | 4587 |
| 6.692% due 09/25/2036 þ  | 8832 | 2240 |
| 6.948% due 06/25/2036 þ  | 18310 | 4082 |
| **GSAA Trust** <br>6.720% due 04/25/2034 þ | 1711 | 1699 |
| **GSAMP Trust**  |  |  |
| 2.520% due 10/25/2036 • | 1494 | 7 |
| 4.504% due 12/25/2036 • | 621 | 308 |
| 4.524% due 01/25/2037 • | 5974 | 3601 |
| 4.554% due 12/25/2036 • | 913 | 453 |
| 4.594% due 08/25/2036 • | 4308 | 3501 |
| 4.594% due 11/25/2036 • | 901 | 420 |
| 4.604% due 12/25/2036 • | 4833 | 2396 |
| 4.614% due 11/25/2035 • | 179 | 14 |
| 4.694% due 12/25/2046 • | 4777 | 2537 |
| 4.704% due 03/25/2047 • | 11105 | 8491 |
| 4.714% due 06/25/2036 • | 3584 | 3519 |
| 4.714% due 08/25/2036 • | 4418 | 4333 |
| 4.714% due 11/25/2036 • | 55719 | 25915 |
| 4.734% due 06/25/2036 • | 26644 | 14750 |
| 4.734% due 12/25/2036 • | 397 | 394 |
| 4.754% due 04/25/2036 • | 1736 | 1156 |
| 4.774% due 01/25/2037 • | 1068 | 1047 |
| 4.804% due 03/25/2047 • | 1894 | 1448 |
| 4.834% due 11/25/2036 • | 12314 | 5742 |
| 4.884% due 06/25/2036 • | 7100 | 6032 |
| 4.914% due 06/25/2036 • | 3229 | 1780 |
| 4.914% due 08/25/2036 • | 21148 | 19884 |
| 4.954% due 02/25/2046 • | 447 | 418 |
| 4.974% due 02/25/2036 • | 7753 | 7507 |
| 5.079% due 11/25/2035 • | 8122 | 7881 |
| 5.109% due 11/25/2035 • | 61 | 60 |
| 5.214% due 07/25/2045 • | 2998 | 2999 |
| 5.319% due 07/25/2045 • | 6976 | 6465 |
| 5.334% due 11/25/2035 • | 2784 | 2719 |
| 5.379% due 11/25/2035 • | 4016 | 3596 |
| 5.409% due 03/25/2035 • | 2860 | 2732 |
| 6.159% due 12/25/2034 • | 5198 | 5075 |
| **Home Equity Asset Trust**  |  |  |
| 4.668% due 10/25/2035 • | 2486 | 2466 |
| 4.734% due 10/25/2036 • | 624 | 628 |
| 4.734% due 11/25/2036 • | 304 | 298 |
| 5.004% due 05/25/2036 • | 14758 | 15060 |
| 5.049% due 04/25/2036 • | 310 | 308 |
| 5.094% due 04/25/2036 • | 7055 | 6748 |
| 5.139% due 01/25/2036 • | 3056 | 2925 |
| 5.139% due 02/25/2036 • | 14696 | 15636 |
| 5.139% due 04/25/2036 • | 14015 | 13816 |
| 5.194% due 11/25/2032 • | 128 | 119 |
| 5.379% due 11/25/2035 • | 6325 | 6194 |
| 5.379% due 12/25/2035 • | 2810 | 2715 |
| 5.499% due 08/25/2035 • | 2610 | 2516 |
| 5.634% due 06/25/2032 • | 120 | 119 |
| 5.634% due 07/25/2035 • | 5140 | 5097 |
| 5.934% due 03/25/2035 • | 771 | 716 |
| 6.084% due 12/25/2034 • | 1215 | 1218 |
| 6.634% due 06/25/2034 • | 1688 | 1693 |
| 6.984% due 03/25/2033 • | 3044 | 2878 |
| **Home Equity Mortgage Loan Asset-Backed Trust**  |  |  |
| 4.594% due 11/25/2036 • | 7863 | 7124 |
| 4.594% due 07/25/2037 • | 342 | 188 |
| 4.604% due 04/25/2037 • | 3122 | 2209 |
| 4.624% due 04/25/2037 • | 1162 | 787 |
| 4.624% due 07/25/2037 • | 44109 | 17470 |
| 4.634% due 07/25/2037 • | 14628 | 8032 |
| 4.654% due 04/25/2037 • | 36921 | 28477 |
| 4.674% due 11/25/2036 • | 7998 | 6502 |
| 4.754% due 04/25/2037 • | 7692 | 6786 |
| 4.914% due 08/25/2036 • | 12438 | 11580 |
| 4.994% due 06/25/2036 • | 7668 | 6989 |
| 5.034% due 03/25/2036 • | 18639 | 16955 |
| 5.094% due 03/25/2036 • | 14642 | 13806 |
| 5.214% due 10/25/2035 • | 13050 | 12435 |
| 5.499% due 08/25/2035 • | 8950 | 8822 |
| **HSI Asset Loan Obligation Trust** <br>6.230% due 12/25/2036 þ | 12020 | 3956 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 4.534% due 10/25/2036 • | 2193 | 743 |
| 4.574% due 12/25/2036 • | 26656 | 23052 |
| 4.574% due 01/25/2037 • | 44263 | 33502 |
| 4.654% due 10/25/2036 • | 15178 | 5156 |
| 4.714% due 10/25/2036 • | 4312 | 1177 |
| 4.754% due 10/25/2036 • | 7736 | 2638 |
| 4.774% due 12/25/2036 • | 25886 | 6194 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.809% due 05/25/2037 • | 1687 | 1671 |
| 4.814% due 04/25/2037 • | 13598 | 6758 |
| 4.914% due 10/25/2036 • | 1723 | 590 |
| 4.929% due 02/25/2036 • | 5004 | 4806 |
| 4.954% due 04/25/2037 • | 6870 | 3422 |
| 4.959% due 02/25/2036 • | 16250 | 13820 |
| 5.019% due 12/25/2035 • | 5768 | 5538 |
| 5.019% due 01/25/2036 • | 2150 | 2137 |
| 5.049% due 01/25/2036 • | 7185 | 6870 |
| 5.214% due 01/25/2036 • | 5700 | 4928 |
| **IXIS Real Estate Capital Trust**  |  |  |
| 4.494% due 05/25/2037 • | 5138 | 1067 |
| 4.544% due 05/25/2037 • | 10197 | 2117 |
| 4.594% due 05/25/2037 • | 31851 | 6612 |
| 4.734% due 01/25/2037 • | 74795 | 25346 |
| 4.754% due 08/25/2036 • | 58195 | 15982 |
| 4.834% due 03/25/2036 • | 9405 | 4909 |
| 4.954% due 08/25/2036 • | 29547 | 8113 |
| 5.379% due 02/25/2035 • | 336 | 341 |
| **JP Morgan Mortgage Acquisition Corp.**  |  |  |
| 2.924% due 10/25/2035 • | 6100 | 5321 |
| 4.944% due 02/25/2036 • | 2571 | 2547 |
| 4.974% due 03/25/2036 • | 33008 | 31758 |
| 5.019% due 05/25/2035 • | 199 | 197 |
| 5.019% due 01/25/2036 • | 10289 | 10469 |
| 5.079% due 05/25/2035 • | 16317 | 14109 |
| 5.139% due 09/25/2035 • | 3189 | 3159 |
| 5.364% due 06/25/2035 • | 16467 | 15574 |
| 5.409% due 12/25/2035 • | 8591 | 8073 |
| 5.499% due 06/25/2035 • | 11812 | 9802 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.262% due 11/25/2036 • | 8582 | 8069 |
| 4.559% due 11/25/2036 • | 1794 | 1900 |
| 4.654% due 08/25/2036 • | 1956 | 1469 |
| 4.664% due 05/25/2037 • | 22617 | 22172 |
| 4.674% due 05/25/2037 • | 32875 | 30108 |
| 4.694% due 08/25/2036 • | 2366 | 2336 |
| 4.704% due 07/25/2036 • | 19899 | 18002 |
| 4.754% due 03/25/2037 • | 2030 | 2017 |
| 4.839% due 07/25/2036 • | 11716 | 11578 |
| 4.869% due 05/25/2036 • | 21242 | 19270 |
| 4.914% due 04/25/2036 • | 13723 | 14066 |
| 4.914% due 08/25/2036 • | 16458 | 12355 |
| 5.094% due 07/25/2036 • | 3200 | 3030 |
| 5.229% due 01/25/2037 • | 2350 | 2127 |
| 6.330% due 07/25/2036  | 4798 | 1285 |
| 6.910% due 07/25/2036  | 6840 | 1829 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.614% due 09/25/2036 • | 9802 | 2606 |
| 4.634% due 12/25/2036 • | 13551 | 4655 |
| 4.654% due 11/25/2036 • | 6551 | 1967 |
| 4.674% due 08/25/2036 • | 5485 | 2206 |
| 4.724% due 07/25/2036 • | 12023 | 8323 |
| 4.734% due 05/25/2036 • | 42998 | 22637 |
| 4.734% due 06/25/2036 • | 52602 | 24715 |
| 4.734% due 07/25/2036 • | 8899 | 3525 |
| 4.734% due 09/25/2036 • | 36459 | 23422 |
| 4.744% due 08/25/2036 • | 24849 | 12849 |
| 4.744% due 10/25/2036 • | 39906 | 21795 |
| 4.754% due 05/25/2036 • | 8292 | 2426 |
| 4.754% due 08/25/2036 • | 55279 | 22255 |
| 4.754% due 09/25/2036 • | 2908 | 777 |
| 4.754% due 10/25/2036 • | 47295 | 14703 |
| 4.754% due 12/25/2036 • | 21556 | 14731 |
| 4.754% due 05/25/2046 • | 5498 | 5243 |
| 4.774% due 12/25/2036 • | 32532 | 11202 |
| 4.814% due 03/25/2046 • | 68582 | 24253 |
| 4.834% due 01/25/2036 • | 12366 | 12055 |
| 4.874% due 02/25/2036 • | 7032 | 6938 |
| 4.874% due 11/25/2036 • | 11823 | 3552 |
| 4.894% due 12/25/2036 • | 22339 | 7701 |
| 4.914% due 08/25/2036 • | 21170 | 8532 |
| 4.954% due 05/25/2036 • | 25222 | 7415 |
| 5.034% due 01/25/2036 • | 30689 | 28717 |
| 5.064% due 01/25/2046 • | 37402 | 35999 |
| 5.214% due 08/25/2035 • | 307 | 302 |
| 5.229% due 06/25/2034 • | 855 | 879 |
| 5.289% due 07/25/2034 • | 1257 | 1243 |
| 5.559% due 07/25/2033 • | 2003 | 1989 |
| 5.634% due 11/25/2034 • | 3142 | 2985 |
| 5.664% due 06/25/2033 • | 1584 | 1641 |
| 5.859% due 02/25/2035 • | 8445 | 7832 |
| 7.509% due 03/25/2033 • | 17 | 17 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.534% due 08/25/2036 • | 4673 | 1577 |
| 4.534% due 10/25/2036 • | 36724 | 11976 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.534% due 11/25/2036 • | 293 | 88 |
| 4.534% due 01/25/2037 • | 39262 | 11106 |
| 4.634% due 08/25/2036 • | 9868 | 2896 |
| 4.634% due 10/25/2036 • | 7043 | 3440 |
| 4.634% due 11/25/2036 • | 13130 | 7764 |
| 4.634% due 01/25/2037 • | 31205 | 8827 |
| 4.654% due 08/25/2036 • | 6544 | 2399 |
| 4.674% due 10/25/2036 • | 30283 | 9886 |
| 4.694% due 10/25/2036 • | 29441 | 13024 |
| 4.724% due 10/25/2036 • | 51195 | 19491 |
| 4.724% due 01/25/2037 • | 25134 | 6572 |
| 4.734% due 03/25/2036 • | 6121 | 3631 |
| 4.734% due 04/25/2036 • | 24158 | 4903 |
| 4.734% due 08/25/2036 • | 47576 | 15548 |
| 4.734% due 05/25/2037 • | 5773 | 5057 |
| 4.754% due 08/25/2036 • | 7889 | 2679 |
| 4.754% due 10/25/2036 • | 6264 | 3059 |
| 4.754% due 01/25/2037 • | 34458 | 9746 |
| 4.834% due 04/25/2036 • | 62497 | 9570 |
| 4.854% due 10/25/2036 • | 8215 | 4012 |
| 4.854% due 11/25/2036 • | 17807 | 5319 |
| 4.854% due 05/25/2037 • | 706 | 686 |
| 4.874% due 11/25/2036 • | 2435 | 1440 |
| 4.894% due 01/25/2037 • | 21475 | 6074 |
| 4.914% due 06/25/2036 • | 3770 | 1310 |
| 4.914% due 08/25/2036 • | 48508 | 15660 |
| 4.924% due 10/25/2036 • | 5688 | 2175 |
| 4.954% due 06/25/2036 • | 1473 | 1372 |
| 4.974% due 02/25/2036 • | 8956 | 3266 |
| 5.004% due 01/25/2036 • | 1515 | 1513 |
| 5.049% due 01/25/2036 • | 11805 | 10413 |
| 5.184% due 03/25/2035 • | 7635 | 7192 |
| 5.184% due 10/25/2035 • | 10120 | 9671 |
| 5.409% due 05/25/2035 • | 516 | 539 |
| 5.439% due 03/25/2035 • | 3073 | 3067 |
| 5.484% due 05/25/2035 • | 2000 | 1982 |
| 5.584% due 08/25/2037 • | 16135 | 14163 |
| 9.084% due 05/25/2033 • | 2821 | 2707 |
| **MASTR Specialized Loan Trust**  |  |  |
| 4.954% due 02/25/2036 • | 1051 | 1031 |
| 5.174% due 01/25/2037 • | 9226 | 3560 |
| **Merrill Lynch First Franklin Mortgage Loan Trust**  |  |  |
| 4.774% due 04/25/2037 • | 33704 | 12878 |
| 4.774% due 05/25/2037 • | 13624 | 9837 |
| 4.914% due 05/25/2037 • | 24059 | 17487 |
| 4.934% due 04/25/2037 • | 20644 | 7940 |
| 5.074% due 05/25/2037 • | 15033 | 10996 |
| 5.284% due 10/25/2037 • | 25299 | 15328 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 3.871% due 03/25/2037  | 21519 | 4254 |
| 4.242% due 11/25/2037 • | 14270 | 6894 |
| 4.400% due 11/25/2037 • | 27311 | 8530 |
| 4.574% due 04/25/2047 • | 8308 | 3298 |
| 4.634% due 05/25/2037 • | 2789 | 307 |
| 4.634% due 07/25/2037 • | 3592 | 752 |
| 4.674% due 10/25/2037 • | 20160 | 2982 |
| 4.724% due 08/25/2037 • | 6674 | 6103 |
| 4.734% due 06/25/2037 • | 13966 | 3669 |
| 4.734% due 08/25/2037 • | 1725 | 1706 |
| 4.734% due 09/25/2037 • | 42666 | 12017 |
| 4.754% due 03/25/2037 • | 5006 | 1311 |
| 4.754% due 04/25/2037 • | 9482 | 4435 |
| 4.754% due 05/25/2037 • | 5745 | 3416 |
| 4.754% due 07/25/2037 • | 2502 | 1423 |
| 4.764% due 03/25/2037 • | 19659 | 6518 |
| 4.804% due 05/25/2037 • | 7006 | 1973 |
| 4.814% due 04/25/2047 • | 23231 | 9223 |
| 4.914% due 08/25/2037 • | 971 | 790 |
| 4.934% due 03/25/2037 • | 24706 | 19117 |
| 4.974% due 04/25/2047 • | 1407 | 558 |
| 5.034% due 12/25/2036 • | 8986 | 8695 |
| 5.034% due 01/25/2037 • | 14305 | 13501 |
| 5.154% due 05/25/2036 • | 34 | 34 |
| 5.184% due 09/25/2035 • | 1723 | 1714 |
| 5.229% due 09/25/2035 • | 44 | 43 |
| 5.304% due 05/25/2036 • | 4037 | 3366 |
| 5.334% due 02/25/2047 • | 22236 | 13055 |
| 5.364% due 07/25/2035 • | 6062 | 6069 |
| 5.379% due 02/25/2036 • | 1259 | 1259 |
| 5.409% due 04/25/2036 • | 1814 | 1793 |
| 5.439% due 06/25/2036 • | 2875 | 2329 |
| 5.469% due 02/25/2036 • | 498 | 476 |
| 5.559% due 08/25/2036 • | 1353 | 1561 |
| 6.909% due 06/25/2034 • | 298 | 296 |
| 7.996% due 04/25/2035 • | 260 | 212 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MESA** **Trust** <br>7.659% due 11/25/2031 •  | 708 | 613 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.494% due 05/25/2037 • | 4320 | 3895 |
| 4.534% due 10/25/2036 • | 3884 | 1695 |
| 4.544% due 03/25/2037 • | 2651 | 1129 |
| 4.564% due 10/25/2036 • | 13176 | 11678 |
| 4.564% due 12/25/2036 • | 39698 | 24685 |
| 4.564% due 01/25/2037 • | 19966 | 9195 |
| 4.574% due 10/25/2036 • | 33838 | 14767 |
| 4.574% due 11/25/2036 • | 2462 | 1170 |
| 4.574% due 05/25/2037 • | 20144 | 17151 |
| 4.584% due 10/25/2036 • | 13933 | 7219 |
| 4.584% due 12/25/2036 • | 3827 | 1908 |
| 4.594% due 09/25/2036 • | 219 | 94 |
| 4.614% due 02/25/2037 • | 23691 | 7520 |
| 4.614% due 03/25/2037 • | 23609 | 10060 |
| 4.614% due 05/25/2037 • | 10030 | 9045 |
| 4.624% due 05/25/2037 • | 12039 | 9263 |
| 4.634% due 09/25/2036 • | 2591 | 1118 |
| 4.634% due 11/25/2036 • | 1451 | 822 |
| 4.634% due 02/25/2037 • | 8258 | 3594 |
| 4.634% due 05/25/2037 • | 3240 | 1857 |
| 4.654% due 10/25/2036 • | 1198 | 523 |
| 4.654% due 11/25/2036 • | 9976 | 4740 |
| 4.664% due 10/25/2036 • | 7959 | 4124 |
| 4.664% due 02/25/2037 • | 28783 | 9138 |
| 4.684% due 12/25/2036 • | 4131 | 2060 |
| 4.684% due 03/25/2037 • | 39262 | 16730 |
| 4.684% due 05/25/2037 • | 15578 | 14048 |
| 4.694% due 09/25/2036 • | 40623 | 18004 |
| 4.694% due 02/25/2037 • | 20036 | 8720 |
| 4.694% due 05/25/2037 • | 9679 | 7447 |
| 4.714% due 08/25/2036 • | 25969 | 12949 |
| 4.734% due 06/25/2036 • | 4873 | 2423 |
| 4.734% due 09/25/2036 • | 13257 | 4558 |
| 4.754% due 09/25/2036 • | 23011 | 9925 |
| 4.764% due 02/25/2037 • | 6862 | 2987 |
| 4.894% due 09/25/2036 • | 3499 | 1509 |
| 4.934% due 04/25/2036 • | 11404 | 10888 |
| 4.934% due 08/25/2036 • | 10437 | 5204 |
| 4.974% due 03/25/2036 • | 4154 | 4072 |
| 5.034% due 12/25/2035 • | 17250 | 16114 |
| 5.054% due 12/25/2035 • | 4407 | 4336 |
| 5.094% due 01/25/2035 • | 947 | 957 |
| 5.109% due 09/25/2035 • | 293 | 281 |
| 5.139% due 02/25/2035 • | 572 | 567 |
| 5.174% due 01/25/2034 • | 4426 | 4492 |
| 5.214% due 01/25/2035 • | 3198 | 3224 |
| 5.244% due 04/25/2034 • | 1935 | 1934 |
| 5.259% due 08/25/2034 • | 97 | 95 |
| 5.319% due 11/25/2034 • | 1649 | 1575 |
| 5.334% due 05/25/2034 • | 8418 | 8858 |
| 5.334% due 08/25/2034 • | 10017 | 10297 |
| 5.349% due 07/25/2034 • | 1589 | 1613 |
| 5.349% due 09/25/2034 • | 6630 | 6621 |
| 5.364% due 07/25/2035 • | 2665 | 2608 |
| 5.394% due 03/25/2035 • | 4361 | 4197 |
| 5.409% due 07/25/2034 • | 233 | 248 |
| 5.409% due 07/25/2035 • | 3750 | 3314 |
| 5.424% due 06/25/2035 • | 1468 | 1463 |
| 5.469% due 01/25/2035 • | 2114 | 1885 |
| 5.469% due 03/25/2035 • | 2526 | 2251 |
| 5.469% due 07/25/2035 • | 1995 | 1956 |
| 5.494% due 09/25/2034 • | 323 | 335 |
| 5.514% due 03/25/2033 • | 8 | 8 |
| 5.529% due 01/25/2035 • | 2614 | 2309 |
| 5.684% due 07/25/2037 • | 14010 | 12461 |
| 8.234% due 02/25/2047 • | 23884 | 19769 |
| **Morgan Stanley Capital, Inc. Trust**  |  |  |
| 4.794% due 03/25/2036 • | 2016 | 1682 |
| 4.974% due 03/25/2036 • | 71024 | 59266 |
| 4.989% due 01/25/2036 • | 15700 | 12936 |
| 5.014% due 01/25/2036 • | 7117 | 6914 |
| 5.014% due 02/25/2036 • | 2497 | 2483 |
| **Morgan Stanley Dean Witter Capital, Inc. Trust** <br>5.784% due 02/25/2033 •  | 203 | 215 |
| **Morgan Stanley Home Equity Loan Trust**  |  |  |
| 4.534% due 12/25/2036 • | 3102 | 1484 |
| 4.534% due 04/25/2037 • | 5743 | 2979 |
| 4.574% due 12/25/2036 • | 38130 | 18250 |
| 4.604% due 04/25/2037 • | 8114 | 4210 |
| 4.754% due 04/25/2036 • | 6566 | 4579 |
| 4.784% due 04/25/2037 • | 17084 | 8866 |
| 4.944% due 02/25/2036 • | 637 | 604 |
| 4.954% due 04/25/2036 • | 10010 | 6976 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.424% due 05/25/2035 • | 4303 | 4250 |
| **Morgan Stanley IXIS Real Estate Capital Trust**  |  |  |
| 4.574% due 11/25/2036 • | 7704 | 2479 |
| 4.654% due 11/25/2036 • | 28580 | 9198 |
| 4.734% due 07/25/2036 • | 6266 | 2460 |
| 4.734% due 11/25/2036 • | 1464 | 471 |
| 4.874% due 11/25/2036 • | 19542 | 6289 |
| 4.894% due 07/25/2036 • | 24387 | 9575 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 4.774% due 10/25/2036 • | 2129 | 593 |
| 4.774% due 11/25/2036 • | 19641 | 3589 |
| 5.750% due 04/25/2037 «~  | 2155 | 1043 |
| 6.000% due 02/25/2037 ~  | 107 | 101 |
| 6.122% due 01/25/2047  | 90 | 86 |
| 6.254% due 01/25/2047  | 5614 | 2612 |
| 6.263% due 01/25/2047  | 7001 | 2053 |
| 6.419% due 09/25/2046 þ  | 13126 | 2842 |
| 6.465% due 09/25/2046 þ  | 3514 | 1149 |
| 6.604% due 09/25/2046  | 9155 | 1981 |
| **Morgan Stanley Structured Trust** <br>4.734% due 06/25/2037 •  | 44140 | 40629 |
| **Nationstar Home Equity Loan Trust**  |  |  |
| 4.609% due 06/25/2037 • | 179 | 175 |
| 4.684% due 06/25/2037 • | 2765 | 2438 |
| 4.839% due 03/25/2037 • | 2218 | 2202 |
| 4.854% due 03/25/2037 • | 11347 | 10947 |
| 4.884% due 03/25/2037 • | 8000 | 7269 |
| 4.974% due 09/25/2036 • | 27112 | 26825 |
| 4.989% due 09/25/2036 • | 1338 | 1280 |
| 5.049% due 04/25/2037 • | 17031 | 16334 |
| 5.074% due 04/25/2037 • | 1592 | 1579 |
| **New Century Home Equity Loan Trust**  |  |  |
| 4.794% due 05/25/2036 • | 6492 | 6517 |
| 4.848% due 11/25/2033  | 36 | 32 |
| 5.079% due 12/25/2035 • | 4913 | 4726 |
| 5.169% due 10/25/2035 • | 35480 | 30801 |
| 5.174% due 08/25/2034 • | 84 | 85 |
| 5.199% due 02/25/2035 • | 11202 | 10847 |
| 5.214% due 03/25/2035 • | 807 | 804 |
| 5.379% due 09/25/2035 • | 9230 | 9133 |
| 5.409% due 06/25/2035 • | 4529 | 4463 |
| 5.439% due 07/25/2035 • | 9333 | 9284 |
| 5.484% due 07/25/2035 • | 32115 | 31554 |
| 5.499% due 03/25/2035 • | 2853 | 2844 |
| 5.559% due 03/25/2035 • | 3758 | 3690 |
| **Newcastle Mortgage Securities Trust**  |  |  |
| 4.624% due 04/25/2037 • | 12402 | 12034 |
| 4.664% due 04/25/2037 • | 2234 | 2217 |
| 4.774% due 04/25/2037 • | 14485 | 13449 |
| 4.934% due 04/25/2037 • | 7785 | 6699 |
| 5.154% due 03/25/2036 • | 5500 | 5443 |
| 5.289% due 03/25/2036 • | 16347 | 15512 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust**  |  |  |
| 4.734% due 07/25/2036 • | 20159 | 18913 |
| 4.869% due 03/25/2036 • | 208 | 208 |
| 4.914% due 03/25/2036 • | 4024 | 3966 |
| 5.064% due 02/25/2036 • | 2233 | 2087 |
| 5.094% due 11/25/2035 • | 7074 | 6824 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.614% due 09/25/2037 • | 26000 | 24783 |
| 4.694% due 03/25/2037 • | 85716 | 55757 |
| 4.734% due 06/25/2036 • | 1191 | 872 |
| 4.774% due 01/25/2037 • | 1081 | 358 |
| 5.124% due 01/25/2036 • | 11300 | 10594 |
| 5.169% due 01/25/2036 • | 14301 | 13856 |
| 5.259% due 06/25/2034 • | 213 | 211 |
| 5.319% due 01/25/2036 • | 3000 | 2621 |
| 5.349% due 10/25/2035 • | 10291 | 10037 |
| 5.604% due 06/25/2035 • | 21000 | 20912 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.554% due 03/25/2037 • | 766 | 747 |
| 4.564% due 07/25/2037 • | 3553 | 2290 |
| 4.574% due 03/25/2037 • | 52348 | 31608 |
| 4.584% due 03/25/2037 • | 36929 | 18250 |
| 4.604% due 05/25/2037 • | 5991 | 3215 |
| 4.614% due 04/25/2037 • | 20261 | 11323 |
| 4.614% due 07/25/2037 • | 4173 | 2689 |
| 4.624% due 07/25/2037 • | 842 | 748 |
| 4.634% due 07/25/2036 • | 7511 | 4318 |
| 4.654% due 04/25/2037 • | 99656 | 68756 |
| 4.654% due 05/25/2037 • | 91217 | 54917 |
| 4.674% due 04/25/2037 • | 6618 | 3518 |
| 4.684% due 03/25/2037 • | 4558 | 2252 |
| 4.714% due 01/25/2037 • | 26859 | 16765 |
| 4.714% due 02/25/2037 • | 28813 | 15270 |
| 4.734% due 05/25/2037 • | 6853 | 3676 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.744% due 04/25/2037 • | 2851 | 1616 |
| 5.004% due 01/25/2036 • | 54206 | 42425 |
| 5.229% due 05/25/2034 • | 1764 | 1787 |
| 5.304% due 05/25/2035 • | 3941 | 3359 |
| 5.334% due 01/25/2034 • | 9051 | 8653 |
| 5.859% due 11/25/2034 • | 11 | 12 |
| **Option One Mortgage Loan Trust Asset-Backed Certificates**  |  |  |
| 5.064% due 12/25/2035 • | 2349 | 2292 |
| 5.094% due 12/25/2035 • | 8709 | 7641 |
| 5.124% due 11/25/2035 • | 8338 | 8045 |
| 5.169% due 11/25/2035 • | 5889 | 5066 |
| 5.289% due 10/25/2032 • | 1062 | 1234 |
| **Ownit Mortgage Loan Trust**  |  |  |
| 3.136% due 10/25/2035 þ  | 6034 | 3380 |
| 4.714% due 10/25/2037 • | 8640 | 9244 |
| 4.734% due 07/25/2037 • | 13518 | 12227 |
| 4.929% due 03/25/2037 • | 9242 | 9299 |
| 4.954% due 07/25/2037 • | 6271 | 5673 |
| 5.109% due 06/25/2036 • | 4866 | 4152 |
| 5.334% due 10/25/2036 • | 5582 | 5307 |
| 5.454% due 03/25/2036 • | 3219 | 2827 |
| **Park Place Securities, Inc.** <br>5.379% due 09/25/2035 •  | 4000 | 3557 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates**  |  |  |
| 5.154% due 05/25/2035 • | 3000 | 2977 |
| 5.169% due 08/25/2035 • | 47 | 47 |
| 5.169% due 09/25/2035 • | 1378 | 1352 |
| 5.214% due 08/25/2035 • | 4000 | 3790 |
| 5.259% due 07/25/2035 • | 17000 | 16403 |
| 5.364% due 05/25/2035 • | 22971 | 21660 |
| 5.409% due 07/25/2035 • | 21655 | 18299 |
| 5.439% due 06/25/2035 • | 10750 | 10356 |
| 5.469% due 05/25/2035 • | 4784 | 3887 |
| 5.484% due 10/25/2034 • | 2499 | 2471 |
| 5.484% due 06/25/2035 • | 4641 | 4002 |
| 5.604% due 03/25/2035 • | 17052 | 15713 |
| 5.754% due 01/25/2036 • | 5941 | 5695 |
| 6.009% due 02/25/2035 • | 11987 | 11802 |
| 6.159% due 02/25/2035 • | 3247 | 2980 |
| 6.204% due 10/25/2034 • | 17186 | 16452 |
| 6.234% due 09/25/2034 • | 2610 | 2519 |
| 6.234% due 12/25/2034 • | 15163 | 15100 |
| 6.309% due 10/25/2034 • | 3846 | 3420 |
| 6.309% due 12/25/2034 • | 8426 | 7966 |
| 6.534% due 09/25/2034 • | 3062 | 2637 |
| **People's Choice Home Loan Securities Trust** <br>6.159% due 10/25/2034 •  | 4024 | 3642 |
| **People's Financial Realty Mortgage Securities Trust**  |  |  |
| 4.564% due 09/25/2036 • | 27879 | 5187 |
| 4.574% due 09/25/2036 • | 24873 | 6138 |
| **Popular ABS Mortgage Pass-Through Trust**  |  |  |
| 4.744% due 06/25/2047 • | 7786 | 7263 |
| 4.929% due 07/25/2036 • | 1775 | 1696 |
| 4.974% due 05/25/2036 • | 2393 | 2266 |
| 5.304% due 02/25/2036 • | 1161 | 1104 |
| 5.917% due 04/25/2035  | 2424 | 2388 |
| **RAAC Trust**  |  |  |
| 4.934% due 02/25/2037 • | 2572 | 2527 |
| 5.134% due 11/25/2046 • | 954 | 876 |
| 5.194% due 10/25/2046 • | 5122 | 5004 |
| 5.409% due 02/25/2046 • | 18406 | 18159 |
| 6.084% due 05/25/2039 • | 1261 | 1307 |
| **RCKT Mortgage Trust**  |  |  |
| 5.344% due 09/25/2044 þ  | 23337 | 23352 |
| 6.025% due 02/25/2044 «~  | 10494 | 10562 |
| 6.141% due 04/25/2044 ~  | 54846 | 55274 |
| 6.147% due 06/25/2044 þ  | 62212 | 62803 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 3.733% due 08/25/2033 • | 549 | 501 |
| 5.512% due 04/25/2037 þ  | 6555 | 1494 |
| 5.580% due 11/25/2036  | 12329 | 3984 |
| 5.612% due 04/25/2037  | 853 | 198 |
| 5.675% due 06/25/2037 þ  | 3891 | 967 |
| 5.731% due 11/25/2036 þ  | 548 | 182 |
| 5.744% due 06/25/2037  | 137503 | 34597 |
| 5.761% due 04/25/2037 þ  | 2781 | 663 |
| 5.797% due 08/25/2036  | 662 | 236 |
| 5.812% due 11/25/2036 þ  | 9025 | 3038 |
| 5.879% due 06/25/2037  | 8523 | 2197 |
| 5.893% due 06/25/2037  | 6639 | 1715 |
| 5.906% due 06/25/2037  | 23928 | 6196 |
| 6.011% due 05/25/2036 þ  | 9006 | 4185 |
| 6.066% due 02/25/2036  | 270 | 229 |
| 6.115% due 08/25/2036 þ  | 17329 | 6507 |
| 6.120% due 11/25/2036  | 683 | 242 |
| 6.203% due 06/25/2037  | 38172 | 10556 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 7.750% due 09/25/2037 þ  | 29148 | 11541 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 4.779% due 12/25/2036 • | 15000 | 14114 |
| 4.874% due 12/25/2035 • | 16070 | 14518 |
| 4.974% due 02/25/2036 • | 1196 | 1161 |
| 5.079% due 02/25/2036 • | 2203 | 2145 |
| 5.134% due 12/25/2035 • | 19740 | 17770 |
| 5.184% due 04/25/2034 • | 2245 | 2252 |
| 5.304% due 04/25/2034 • | 1210 | 1220 |
| 5.304% due 10/25/2035 • | 11246 | 10892 |
| 5.319% due 11/25/2035 • | 7000 | 6695 |
| 5.379% due 09/25/2035 • | 9042 | 8877 |
| 5.379% due 10/25/2035 • | 700 | 611 |
| 5.484% due 08/25/2035 • | 1342 | 1327 |
| 5.499% due 07/25/2035 • | 5664 | 5605 |
| 6.009% due 04/25/2034 • | 1625 | 1618 |
| 6.114% due 08/25/2035 • | 12534 | 11697 |
| 6.414% due 04/25/2034 • | 2821 | 2907 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.654% due 02/25/2037 • | 5426 | 5300 |
| 4.674% due 10/25/2036 • | 17757 | 17504 |
| 4.684% due 11/25/2036 • | 60266 | 53940 |
| 4.714% due 07/25/2036 • | 15298 | 14977 |
| 4.714% due 09/25/2036 • | 990 | 980 |
| 4.774% due 11/25/2036 • | 6394 | 5983 |
| 4.854% due 04/25/2037 • | 5388 | 5261 |
| 4.874% due 01/25/2037 • | 4030 | 3923 |
| 4.944% due 04/25/2036 • | 23954 | 21958 |
| 4.954% due 07/25/2036 • | 9424 | 8370 |
| 4.974% due 07/25/2036 • | 19514 | 17088 |
| 4.994% due 04/25/2036 • | 2602 | 2604 |
| 5.034% due 02/25/2036 • | 3530 | 3524 |
| 5.049% due 11/25/2035 • | 14462 | 13803 |
| 5.094% due 10/25/2035 • | 9027 | 8810 |
| 5.114% due 04/25/2037 • | 29582 | 28758 |
| 5.114% due 05/25/2037 • | 495 | 492 |
| 5.136% due 04/25/2034 • | 876 | 863 |
| 5.139% due 09/25/2035 • | 6869 | 6587 |
| 5.139% due 11/25/2035 • | 243 | 237 |
| 5.154% due 01/25/2036 • | 1690 | 1672 |
| 5.274% due 09/25/2034 • | 454 | 444 |
| 5.304% due 11/25/2035 • | 10475 | 9104 |
| 5.319% due 12/25/2035 • | 1516 | 1379 |
| 5.334% due 11/25/2035 • | 6537 | 6435 |
| 5.394% due 08/25/2035 • | 3148 | 3126 |
| 5.469% due 08/25/2035 • | 4230 | 4134 |
| 5.679% due 03/25/2035 • | 530 | 522 |
| 5.980% due 09/25/2034 ~  | 895 | 834 |
| 6.159% due 11/25/2034 • | 103 | 103 |
| 6.159% due 08/25/2035 • | 4551 | 4391 |
| 6.234% due 01/25/2034 • | 2163 | 2192 |
| 6.234% due 04/25/2035 • | 1982 | 1931 |
| 6.384% due 11/25/2034 • | 802 | 799 |
| 6.909% due 11/25/2034 • | 1948 | 1926 |
| **Saxon Asset Securities Trust**  |  |  |
| 1.788% due 11/25/2035 • | 12994 | 9675 |
| 1.814% due 05/25/2035 • | 1658 | 1356 |
| 4.056% due 12/25/2033 • | 1275 | 1237 |
| 4.614% due 05/25/2037 • | 22057 | 16096 |
| 4.744% due 09/25/2037 • | 7770 | 7481 |
| 4.924% due 09/25/2047 • | 4148 | 3513 |
| 5.109% due 11/25/2037 • | 8384 | 8118 |
| 5.154% due 11/25/2037 • | 4873 | 4145 |
| 5.229% due 03/25/2031 • | 148 | 127 |
| 5.364% due 11/25/2037 • | 5421 | 4416 |
| 5.409% due 12/26/2034 • | 186 | 170 |
| 6.184% due 12/25/2037 • | 4775 | 4169 |
| 9.309% due 12/26/2034 • | 532 | 75 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.554% due 12/25/2036 • | 444 | 95 |
| 4.634% due 07/25/2036 • | 19282 | 7578 |
| 4.694% due 12/25/2036 • | 6052 | 5643 |
| 4.714% due 07/25/2036 • | 9932 | 8439 |
| 4.734% due 07/25/2036 • | 19235 | 7560 |
| 4.734% due 09/25/2036 • | 3785 | 1270 |
| 4.754% due 07/25/2036 • | 5022 | 1649 |
| 4.754% due 12/25/2036 • | 28628 | 6159 |
| 4.834% due 12/25/2036 • | 65950 | 24012 |
| 4.914% due 07/25/2036 • | 3520 | 1383 |
| 5.079% due 10/25/2035 • | 3241 | 2623 |
| 5.109% due 01/25/2035 • | 730 | 668 |
| 5.154% due 10/25/2035 • | 963 | 834 |
| **SG Mortgage Securities Trust**  |  |  |
| 4.714% due 10/25/2036 • | 13983 | 12779 |
| 4.754% due 07/25/2036 • | 8443 | 1753 |
| 4.894% due 07/25/2036 • | 7902 | 1647 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.974% due 02/25/2036 • | 1181 | 584 |
| 5.139% due 10/25/2035 • | 2000 | 1867 |
| **Soundview Home Loan Trust**  |  |  |
| 4.107% due 04/25/2035 • | 464 | 450 |
| 4.514% due 06/25/2037 • | 3794 | 2498 |
| 4.584% due 06/25/2037 • | 10544 | 6942 |
| 4.604% due 07/25/2037 • | 1304 | 1152 |
| 4.604% due 08/25/2037 • | 7755 | 6786 |
| 4.634% due 06/25/2037 • | 122772 | 83510 |
| 4.644% due 06/25/2037 • | 15544 | 10234 |
| 4.654% due 01/25/2037 • | 576 | 418 |
| 4.654% due 02/25/2037 • | 181 | 48 |
| 4.714% due 06/25/2037 • | 4645 | 3058 |
| 4.734% due 03/25/2037 • | 7971 | 7629 |
| 4.754% due 01/25/2037 • | 29109 | 21124 |
| 4.774% due 11/25/2036 • | 59355 | 16154 |
| 4.839% due 12/25/2036 • | 8717 | 8676 |
| 4.894% due 06/25/2036 • | 4296 | 4157 |
| 4.899% due 02/25/2036 • | 10561 | 9952 |
| 4.899% due 06/25/2036 • | 1209 | 1080 |
| 4.914% due 07/25/2036 • | 9065 | 8318 |
| 4.914% due 01/25/2037 • | 12669 | 9193 |
| 4.934% due 10/25/2036 • | 19785 | 18964 |
| 4.934% due 11/25/2036 • | 6360 | 6023 |
| 4.951% due 03/25/2036 • | 942 | 832 |
| 4.989% due 03/25/2036 • | 14893 | 14677 |
| 5.034% due 01/25/2037 • | 15797 | 15323 |
| 5.124% due 12/25/2035 • | 7544 | 7037 |
| 5.174% due 02/25/2037 • | 19254 | 5192 |
| 5.184% due 06/25/2035 • | 17750 | 16180 |
| 5.184% due 03/25/2036 • | 286 | 284 |
| 5.289% due 01/25/2035 • | 100 | 86 |
| 5.334% due 10/25/2037 • | 1748 | 1342 |
| 5.384% due 09/25/2037 • | 3130 | 2618 |
| 5.409% due 08/25/2035 • | 8802 | 6608 |
| 5.409% due 11/25/2035 • | 3946 | 3893 |
| 5.469% due 05/25/2035 • | 3380 | 3384 |
| 5.514% due 07/25/2035 • | 948 | 945 |
| 5.734% due 11/25/2033 • | 29 | 32 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 4.694% due 07/25/2036 • | 27464 | 20206 |
| 4.714% due 06/25/2036 • | 8980 | 8768 |
| 4.734% due 07/25/2036 • | 261 | 258 |
| 4.779% due 07/25/2036 • | 30874 | 17725 |
| 5.034% due 01/25/2036 • | 263 | 259 |
| 5.049% due 01/25/2036 • | 42827 | 34794 |
| 5.054% due 01/25/2036 • | 29076 | 27383 |
| 5.064% due 11/25/2035 • | 9011 | 8842 |
| 5.154% due 04/25/2033 • | 115 | 123 |
| 5.154% due 04/25/2035 • | 334 | 330 |
| 5.154% due 07/25/2035 • | 8270 | 7975 |
| 5.154% due 10/25/2035 • | 15567 | 15252 |
| 5.169% due 09/25/2035 • | 19270 | 17365 |
| 5.184% due 07/25/2035 • | 2499 | 2388 |
| 5.199% due 08/25/2035 • | 11662 | 11407 |
| 5.214% due 02/25/2035 • | 4287 | 4233 |
| 5.214% due 03/25/2035 • | 6615 | 6357 |
| 5.259% due 05/25/2034 • | 247 | 239 |
| 5.334% due 04/25/2035 • | 17440 | 16436 |
| 5.364% due 09/25/2034 • | 229 | 194 |
| 5.364% due 06/25/2035 • | 1355 | 1309 |
| 5.384% due 07/25/2033 • | 583 | 569 |
| 5.384% due 08/25/2033 • | 2731 | 2649 |
| 5.409% due 01/25/2035 • | 4200 | 3909 |
| 5.409% due 05/25/2035 • | 25492 | 23348 |
| 5.514% due 05/25/2035 • | 1148 | 724 |
| 5.559% due 07/25/2033 • | 414 | 410 |
| 5.709% due 11/25/2034 • | 5203 | 5447 |
| 5.709% due 12/25/2034 • | 512 | 497 |
| 5.934% due 11/25/2034 • | 1769 | 1937 |
| 6.159% due 10/25/2034 • | 2171 | 2298 |
| 6.159% due 11/25/2034 • | 1948 | 2085 |
| 6.759% due 11/25/2034 • | 96 | 105 |
| 7.059% due 08/25/2033 • | 2 | 2 |
| 7.209% due 10/25/2033 • | 100 | 115 |
| 7.434% due 06/25/2033 • | 2235 | 2257 |
| 7.434% due 11/25/2034 • | 2222 | 2270 |
| 7.584% due 08/25/2033 • | 1046 | 972 |
| **Structured Asset Securities Corp.**  |  |  |
| 4.685% due 02/25/2035 • | 5698 | 6045 |
| 5.139% due 02/25/2035 • | 3390 | 3427 |
| 5.184% due 02/25/2035 • | 2425 | 2264 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.574% due 08/25/2046 • | 14931 | 14293 |
| 4.584% due 09/25/2036 • | 4053 | 3918 |
| 4.594% due 03/25/2036 • | 9593 | 9336 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.594% due 04/25/2036 • | 3264 | 3249 |
| 4.594% due 01/25/2037 • | 13144 | 12432 |
| 4.654% due 10/25/2037 • | 33420 | 21046 |
| 4.664% due 01/25/2037 • | 34992 | 19967 |
| 4.664% due 05/25/2047 • | 1331 | 1303 |
| 4.674% due 01/25/2037 • | 4620 | 4336 |
| 4.694% due 05/25/2036 • | 6559 | 6452 |
| 4.704% due 04/25/2036 • | 4506 | 4447 |
| 4.734% due 03/25/2037 • | 15994 | 10700 |
| 4.744% due 08/25/2046 • | 3126 | 2862 |
| 4.794% due 03/25/2037 • | 3483 | 1306 |
| 4.854% due 02/25/2037 • | 2765 | 2722 |
| 4.869% due 07/25/2036 • | 45900 | 45263 |
| 4.869% due 09/25/2036 • | 48080 | 46856 |
| 4.934% due 03/25/2037 • | 15140 | 5684 |
| 4.934% due 11/25/2037 • | 5750 | 5254 |
| 4.959% due 07/25/2036 • | 2460 | 2417 |
| 5.004% due 10/25/2036 • | 3148 | 3127 |
| 5.034% due 01/25/2037 • | 12015 | 9871 |
| 5.034% due 03/25/2037 • | 5213 | 1959 |
| 5.054% due 05/25/2036 • | 16985 | 16675 |
| 5.054% due 02/25/2037 • | 1718 | 1692 |
| 5.064% due 05/25/2035 • | 4 | 4 |
| 5.109% due 04/25/2035 • | 4695 | 4561 |
| 5.109% due 06/25/2035 • | 2685 | 2609 |
| 5.139% due 02/25/2036 • | 8948 | 8933 |
| 5.229% due 02/25/2036 • | 4889 | 4807 |
| 5.334% due 05/25/2035 • | 447 | 446 |
| 5.379% due 05/25/2035 • | 115 | 114 |
| 5.409% due 05/25/2035 • | 7853 | 7691 |
| 5.424% due 05/25/2035 • | 444 | 432 |
| 5.439% due 11/25/2035 • | 827 | 824 |
| 5.484% due 05/25/2035 • | 677 | 630 |
| 5.534% due 10/25/2037 • | 86749 | 37744 |
| 5.604% due 02/25/2035 • | 234 | 214 |
| 6.084% due 05/25/2035 • | 35 | 35 |
| 6.434% due 08/25/2037 • | 366 | 365 |
| 6.534% due 11/25/2035 • | 3000 | 2956 |
| 7.059% due 11/25/2035 • | 3197 | 3146 |
| 7.809% due 08/25/2037 • | 22510 | 20930 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>5.259% due 01/25/2035 •  | 904 | 944 |
| **Structured Asset Securities Corp. Trust**  |  |  |
| 4.974% due 05/25/2031 • | 2655 | 1890 |
| 5.124% due 09/25/2035 • | 6597 | 6315 |
| 6.415% due 05/25/2031 ~  | 4692 | 3432 |
| **Terwin Mortgage Trust**  |  |  |
| 4.774% due 07/25/2037 • | 1479 | 1445 |
| 4.974% due 07/25/2037 • | 4960 | 4440 |
| 4.974% due 08/25/2037 • | 17548 | 7673 |
| 5.054% due 04/25/2037 • | 12935 | 12550 |
| 5.234% due 09/25/2036 • | 9408 | 3748 |
| 5.409% due 07/25/2035 • | 6076 | 4601 |
| 5.559% due 04/25/2036 • | 518 | 519 |
| 5.634% due 04/25/2036 • | 1857 | 1850 |
| 6.684% due 10/25/2038 • | 712 | 713 |
| **Towd Point Mortgage Trust**  |  |  |
| 5.348% due 07/25/2065 þ  | 29500 | 29500 |
| 5.848% due 01/25/2064 ~  | 31250 | 31388 |
| 6.125% due 02/25/2064 ~  | 19231 | 19410 |
| 6.290% due 05/25/2064 ~  | 59986 | 60594 |
| **Wachovia Mortgage Loan Trust** <br>5.124% due 10/25/2035 •  | 3622 | 3323 |
| **WaMu Asset-Backed Certificates WaMu Trust**  |  |  |
| 4.544% due 04/25/2037 • | 41 | 15 |
| 4.604% due 07/25/2047 • | 11075 | 6423 |
| 4.659% due 05/25/2037 • | 26291 | 24685 |
| 4.674% due 05/25/2037 • | 16896 | 15006 |
| 4.684% due 05/25/2037 • | 13132 | 11666 |
| 4.734% due 01/25/2037 • | 27974 | 24187 |
| **Washington Mutual Asset-Backed Certificates Trust**  |  |  |
| 4.129% due 10/25/2036 • | 11737 | 4071 |
| 4.734% due 05/25/2036 • | 8601 | 6670 |
| 4.914% due 08/25/2036 • | 8171 | 5178 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust**  |  |  |
| 4.869% due 07/25/2036 • | 2063 | 2058 |
| 4.894% due 04/25/2037 • | 5795 | 5711 |
| 4.914% due 07/25/2036 • | 6795 | 6706 |
| 4.944% due 05/25/2036 • | 3679 | 3667 |
| 4.989% due 05/25/2036 • | 3440 | 3301 |
| 5.034% due 04/25/2037 • | 5000 | 3630 |
| 6.159% due 11/25/2035 • | 236 | 236 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.984% due 11/25/2035 • | 12883 | 12483 |
|  |  | 8343766 |
| **HOME EQUITY SEQUENTIAL 0.1%**  |  |  |
| **ABFC Trust**  |  |  |
| 4.654% due 01/25/2037 • | 9054 | 4985 |
| 4.754% due 01/25/2037 • | 50817 | 27989 |
| 4.874% due 01/25/2037 • | 30362 | 16727 |
| **Countrywide Asset-Backed Certificates Trust** <br>5.989% due 10/25/2046 ~ | 4 | 5 |
| **Credit-Based Asset Servicing & Securitization LLC** <br>3.184% due 12/25/2035 | 7522 | 7380 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>3.114% due 01/25/2037 þ | 26223 | 7244 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.214% due 10/25/2030  | 3030 | 1499 |
| 4.214% due 01/25/2037  | 520 | 257 |
| 4.219% due 07/25/2036 • | 2101 | 2084 |
| 4.262% due 11/25/2036 • | 3672 | 3342 |
| 4.407% due 03/25/2047 • | 94 | 63 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 4.614% due 02/25/2037 • | 2789 | 553 |
| 4.734% due 02/25/2037 • | 3319 | 657 |
| 4.894% due 02/25/2037 • | 2747 | 545 |
| 4.914% due 04/25/2037 • | 50693 | 13311 |
| 5.154% due 04/25/2037 • | 7249 | 1892 |
| **New Century Home Equity Loan Trust** <br>4.848% due 11/25/2033 ~ | 5 | 5 |
| **Saxon Asset Securities Trust** <br>4.914% due 10/25/2046 •  | 2734 | 2392 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 4.954% due 05/25/2036 • | 13962 | 5495 |
| 5.034% due 03/25/2036 • | 10000 | 5057 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.674% due 01/25/2037 • | 15059 | 9299 |
| 5.034% due 12/25/2035 • | 10533 | 9562 |
| 5.054% due 12/25/2036 • | 38715 | 22922 |
| 6.534% due 08/25/2037 • | 7000 | 6946 |
| **Structured Asset Securities Corp. Pass-Through Certificates** <br>3.450% due 02/25/2032 | 44 | 10 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust** <br>4.854% due 03/25/2037 •  | 382 | 381 |
|  |  | 150602 |
| **MANUFACTURING HOUSE ABS OTHER 0.0%**  |  |  |
| **ABSC Manufactured Housing Contract Resecuritization Trust** <br>8.400% due 12/02/2030 ~ | 3993 | 4018 |
| **BankAmerica Manufactured Housing Contract Trust** <br>7.191% due 12/10/2025 ~ | 5000 | 482 |
| **Bombardier Capital Mortgage Securitization Corp.**  |  |  |
| 6.530% due 10/15/2028 ~  | 76 | 76 |
| 7.935% due 12/15/2030 ~  | 1865 | 1908 |
| **Conseco Finance Corp.** <br>7.220% due 03/15/2028 ~ | 375 | 378 |
| **Conseco Finance Securitizations Corp.** <br>8.060% due 09/01/2029 ~ | 7260 | 1007 |
| **Greenpoint Manufactured Housing** <br>8.573% due 06/08/2031 •  | 3808 | 3765 |
|  |  | 11634 |
| **MANUFACTURING HOUSE SEQUENTIAL 0.1%**  |  |  |
| **Bombardier Capital Mortgage Securitization Corp.** <br>7.575% due 06/15/2030 ~ | 16139 | 1146 |
| **Cascade MH Asset Trust** <br>5.695% due 11/25/2056 ~ | 5368 | 5490 |
| **Conseco Finance Corp.**  |  |  |
| 6.440% due 12/01/2030  | 1012 | 1018 |
| 7.860% due 03/01/2030 ~  | 11150 | 3301 |
| **Conseco Finance Securitizations Corp.**  |  |  |
| 7.360% due 06/01/2030 ~  | 49548 | 13714 |
| 7.490% due 07/01/2031 þ  | 7521 | 7644 |
| 7.770% due 09/01/2031 þ  | 3528 | 3588 |
| 7.960% due 05/01/2031  | 21173 | 4244 |
| 7.970% due 05/01/2032  | 7164 | 977 |
| 8.200% due 05/01/2031  | 29477 | 6085 |
| 8.260% due 12/01/2030 ~  | 74286 | 13182 |
| 8.310% due 05/01/2032 ~  | 40754 | 5793 |
| 8.850% due 12/01/2030 ~  | 1831 | 234 |
| **Mid-State Trust** <br>4.864% due 07/15/2038 | 136 | 136 |
| **Newcastle Investment Trust** <br>0.000% due 05/01/2033 ~ | 31071 | 30706 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Oakwood** **Mortgage Investors, Inc.** <br>7.945% due 03/15/2049 | 2929 | 387 |
|  |  | 97645 |
| **WHOLE LOAN COLLATERAL 0.6%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 4.734% due 02/25/2037 • | 22004 | 17345 |
| 4.839% due 12/25/2034 • | 627 | 553 |
| 4.894% due 04/25/2036 • | 4257 | 4274 |
| 4.934% due 05/25/2036 • | 23376 | 5182 |
| 4.959% due 04/25/2035 • | 418 | 395 |
| 5.125% due 03/25/2034  | 500 | 654 |
| 5.234% due 09/25/2046 • | 2076 | 1988 |
| 5.250% due 06/25/2034  | 1282 | 1248 |
| 5.449% due 07/25/2036 • | 558 | 490 |
| 5.500% due 01/25/2034  | 3402 | 2838 |
| 5.500% due 06/25/2034  | 137 | 133 |
| 5.500% due 08/25/2035 ~  | 2581 | 1528 |
| 5.500% due 08/25/2036  | 123 | 124 |
| 5.534% due 10/25/2033 • | 17 | 18 |
| 5.550% due 10/25/2036 ~  | 36 | 18 |
| 5.614% due 01/25/2034 • | 2101 | 1642 |
| 5.750% due 10/25/2033  | 38 | 43 |
| 5.750% due 01/25/2034  | 2954 | 2465 |
| 5.750% due 10/25/2034  | 1970 | 1880 |
| 6.000% due 10/25/2035  | 4460 | 2715 |
| 6.000% due 08/25/2036  | 1986 | 1990 |
| 6.500% due 08/25/2036  | 3103 | 951 |
| 6.684% due 04/25/2036 • | 5084 | 5267 |
| 6.750% due 12/25/2036  | 1278 | 1306 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.834% due 11/25/2046 • | 7606 | 7485 |
| 4.884% due 01/25/2037 • | 2500 | 2429 |
| 5.109% due 03/25/2037 • | 19513 | 19543 |
| 5.134% due 11/25/2046 • | 12375 | 10098 |
| 6.485% due 05/25/2036  | 11008 | 3977 |
| 6.582% due 03/25/2036 þ  | 1757 | 838 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.854% due 06/25/2037 • | 6302 | 5773 |
| 4.884% due 10/25/2036 • | 1033 | 1033 |
| 4.914% due 11/25/2036 • | 2500 | 2343 |
| 5.749% due 08/25/2035  | 14 | 13 |
| 5.830% due 11/25/2034 þ  | 2067 | 2076 |
| 5.934% due 07/25/2037 • | 8380 | 8207 |
| **Countrywide Asset-Backed Certificates**  |  |  |
| 4.934% due 03/25/2036 • | 679 | 710 |
| 5.114% due 03/25/2036 • | 24248 | 21047 |
| **Countrywide Asset-Backed Certificates Trust** <br>4.914% due 04/25/2036 •  | 6043 | 5379 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 4.454% due 04/25/2035 • | 2735 | 2687 |
| 4.539% due 09/25/2036 • | 5083 | 4832 |
| 4.549% due 07/25/2036 • | 208 | 204 |
| 4.554% due 11/25/2036 • | 12973 | 12364 |
| 4.584% due 12/25/2036 • | 6980 | 6007 |
| 4.594% due 11/25/2036 • | 76 | 76 |
| 4.709% due 03/25/2036 • | 16662 | 15928 |
| 4.714% due 12/25/2036 • | 4726 | 1916 |
| 4.714% due 03/25/2037 • | 19601 | 10174 |
| 4.734% due 05/25/2036 • | 1052 | 1033 |
| 4.734% due 08/25/2036 • | 20027 | 19405 |
| 4.744% due 09/25/2036 • | 26308 | 24447 |
| 4.744% due 11/25/2036 • | 3900 | 3313 |
| 4.754% due 12/25/2037 • | 13484 | 12342 |
| 4.814% due 02/25/2036 • | 10214 | 9711 |
| 4.854% due 12/25/2037 • | 10749 | 9838 |
| 4.869% due 04/25/2036 • | 9023 | 8526 |
| 4.874% due 01/25/2038 • | 265 | 144 |
| 4.894% due 07/25/2036 • | 14671 | 14447 |
| 5.004% due 02/25/2036 • | 22712 | 21528 |
| 5.014% due 02/25/2036 • | 471 | 470 |
| 5.094% due 01/25/2036 • | 211 | 211 |
| 5.139% due 11/25/2036 • | 6294 | 6140 |
| 5.154% due 11/25/2035 • | 16220 | 15210 |
| 5.214% due 09/25/2035 • | 925 | 923 |
| 5.214% due 06/25/2036 • | 7927 | 7785 |
| 5.244% due 10/25/2035 • | 6134 | 7041 |
| 5.259% due 05/25/2034 • | 1931 | 1891 |
| 5.334% due 07/25/2035 • | 4142 | 4119 |
| 5.379% due 09/25/2035 • | 10120 | 9331 |
| 5.384% due 07/25/2033 • | 2134 | 2257 |
| 5.409% due 05/25/2035 • | 14011 | 13685 |
| 5.439% due 09/25/2035 • | 30600 | 29436 |
| 5.559% due 12/25/2034 • | 357 | 393 |
| 5.619% due 12/25/2034 • | 2042 | 2060 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.709% due 07/25/2034 • | 2046 | 2031 |
| 5.859% due 10/25/2034 • | 733 | 736 |
| 5.934% due 03/25/2034 • | 211 | 205 |
| 6.144% due 05/25/2034 • | 60 | 56 |
| 6.234% due 09/25/2034 • | 581 | 628 |
| 6.309% due 07/25/2034 • | 1055 | 1059 |
| 6.909% due 03/25/2034 • | 1398 | 1301 |
| **GSAMP Trust** <br>3.610% due 11/25/2034 •  | 1265 | 1216 |
| **IndyMac INDB Mortgage Loan Trust** <br>4.754% due 07/25/2036 •  | 25991 | 8151 |
| **Lehman XS Trust**  |  |  |
| 4.604% due 02/25/2037 • | 21199 | 16098 |
| 4.614% due 02/25/2037 • | 11061 | 10221 |
| 4.754% due 05/25/2036 • | 12485 | 10800 |
| 4.894% due 02/25/2037 • | 7148 | 5723 |
| 4.954% due 11/25/2035 • | 1377 | 1180 |
| 4.984% due 01/25/2036 þ  | 4316 | 3856 |
| 4.994% due 05/25/2036 • | 2155 | 2173 |
| 5.184% due 10/25/2035 • | 351 | 387 |
| 5.194% due 11/25/2035 • | 4482 | 3850 |
| 6.439% due 11/25/2035 • | 3229 | 2108 |
| 6.640% due 04/25/2036 þ  | 6707 | 6643 |
| 7.000% due 02/25/2037 ~  | 2255 | 2365 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates**  |  |  |
| 5.454% due 07/25/2035 • | 6091 | 5984 |
| 5.484% due 04/25/2035 • | 1282 | 1289 |
| **PRET LLC**  |  |  |
| 5.744% due 06/25/2055 þ(c)  | 30488 | 30566 |
| 5.851% due 12/25/2054 þ  | 41367 | 41445 |
| 5.925% due 10/25/2054 þ  | 54438 | 54336 |
| 5.926% due 10/25/2054 þ  | 25435 | 25413 |
| 5.963% due 09/25/2054 þ  | 26501 | 26550 |
| 6.721% due 07/25/2051 þ  | 335 | 335 |
| 6.996% due 07/25/2054 þ  | 26546 | 26608 |
| 7.125% due 04/25/2054 þ  | 57427 | 57830 |
| **RAAC Trust**  |  |  |
| 5.034% due 09/25/2045 • | 1355 | 1334 |
| 5.934% due 09/25/2047 • | 6074 | 6029 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 4.784% due 08/25/2036 • | 14113 | 14048 |
| 4.784% due 10/25/2036 • | 1701 | 1661 |
| 4.824% due 02/25/2037 • | 13613 | 12972 |
| 4.959% due 07/25/2036 • | 7333 | 7137 |
| 5.173% due 12/25/2034 • | 566 | 508 |
| 5.214% due 07/25/2035 • | 31 | 31 |
| 5.244% due 07/25/2035 • | 6500 | 6387 |
| 5.293% due 12/25/2034 þ  | 215 | 198 |
| 5.302% due 10/25/2033 • | 1344 | 1340 |
| 5.304% due 02/25/2034 • | 247 | 248 |
| 5.339% due 04/25/2034 • | 4177 | 3789 |
| 5.454% due 03/25/2035 • | 779 | 779 |
| 5.454% due 06/25/2035 • | 2461 | 2455 |
| 5.492% due 01/25/2035 þ  | 433 | 359 |
| 5.514% due 03/25/2035 • | 7313 | 7289 |
| 5.529% due 05/25/2035 • | 4750 | 4893 |
| 5.559% due 06/25/2035 • | 2100 | 2050 |
| 5.589% due 02/25/2035 • | 5803 | 5774 |
| 5.634% due 01/25/2035 • | 3811 | 3628 |
| 5.670% due 10/25/2034 þ  | 428 | 428 |
| 5.709% due 02/25/2035 • | 465 | 399 |
| 5.807% due 08/25/2034 • | 1386 | 1394 |
| 6.339% due 02/25/2034 • | 370 | 327 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.594% due 08/25/2036 • | 6344 | 2066 |
| 4.594% due 11/25/2036 • | 136 | 38 |
| 4.714% due 08/25/2036 • | 35248 | 14579 |
| 4.754% due 09/25/2036 • | 17156 | 12091 |
| 4.754% due 10/25/2036 • | 61817 | 20534 |
| 4.754% due 11/25/2036 • | 7117 | 1979 |
| 4.774% due 08/25/2036 • | 33091 | 10774 |
| 4.934% due 05/25/2036 • | 6304 | 3250 |
| 5.014% due 12/25/2035 • | 1614 | 1581 |
| 5.034% due 11/25/2035 • | 24449 | 20530 |
| 5.034% due 12/25/2035 • | 13196 | 10255 |
| 5.394% due 01/25/2036 • | 456 | 431 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 4.284% due 06/25/2037 • | 3400 | 1700 |
| 4.704% due 04/25/2037 • | 2166 | 1594 |
| 4.714% due 09/25/2037 • | 17988 | 16788 |
| 4.714% due 11/25/2037 • | 5348 | 4246 |
| 4.734% due 06/25/2037 • | 1585 | 933 |
| 4.854% due 11/25/2037 • | 8903 | 4928 |
| 4.914% due 03/25/2037 • | 27440 | 12817 |
| 4.914% due 09/25/2037 • | 14627 | 5009 |
| 5.604% due 12/25/2035 • | 4361 | 4333 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **VCAT** **LLC**  |  |  |  |
| 5.877% due 01/25/2055 þ  |  | 25325 | 25393 |
| 5.889% due 02/25/2055 þ  |  | 57136 | 57215 |
| 5.977% due 01/25/2055 þ  |  | 43270 | 43390 |
|  |  |  | 1138926 |
| **OTHER ABS 9.8%**  |  |  |  |
| **37 Capital CLO Ltd.**  |  |  |  |
| 5.346% due 04/15/2035 • |  | 76900 | 76659 |
| 5.536% due 10/15/2034 • |  | 38400 | 38438 |
| 5.546% due 07/15/2034 • |  | 26050 | 26081 |
| **522 Funding CLO Ltd.** <br>5.479% due 10/23/2034 •  |  | 25550 | 25561 |
| **Academic Loan Funding Trust** <br>5.220% due 12/26/2044 •  |  | 1207 | 1168 |
| **ACHV ABS Trust**  |  |  |  |
| 4.760% due 04/26/2032  |  | 6567 | 6568 |
| 5.010% due 12/26/2031  |  | 2937 | 2949 |
| 5.040% due 04/26/2032  |  | 9010 | 8996 |
| 5.070% due 10/27/2031  |  | 7902 | 7932 |
| 5.900% due 04/25/2031  |  | 1018 | 1028 |
| **Affirm Asset Securitization Trust** <br>5.220% due 12/17/2029 |  | 18564 | 18575 |
| **Affirm Master Trust**  |  |  |  |
| 4.670% due 07/15/2033  |  | 82500 | 82860 |
| 4.990% due 02/15/2033  |  | 97700 | 98503 |
| **AGL CLO Ltd.** <br>5.399% due 12/02/2034 •  |  | 32100 | 32114 |
| **ALESCO Preferred Funding Ltd.**  |  |  |  |
| 0.000% due 12/23/2034 ~  |  | 3263 | 2718 |
| 4.838% due 07/15/2037 • |  | 5606 | 5301 |
| 4.905% due 09/23/2037 • |  | 9937 | 9167 |
| 4.918% due 07/15/2037 • |  | 27000 | 24570 |
| 4.925% due 09/23/2036 • |  | 6103 | 5859 |
| 4.945% due 06/23/2036 • |  | 10447 | 10186 |
| 4.985% due 09/23/2037 • |  | 2255 | 1849 |
| 5.035% due 06/23/2036 • |  | 27500 | 22962 |
| 5.035% due 12/23/2036 • |  | 7309 | 6578 |
| 5.055% due 12/23/2035 • |  | 20821 | 18986 |
| 5.085% due 09/23/2036 • |  | 12000 | 10320 |
| 5.185% due 03/23/2035 • |  | 5000 | 4512 |
| 5.235% due 12/23/2034 • |  | 2220 | 2109 |
| 5.241% due 07/30/2034 • |  | 5184 | 4847 |
| 5.268% due 05/01/2034 • |  | 2176 | 2138 |
| 5.335% due 09/23/2038 • |  | 41010 | 39267 |
| 5.535% due 09/23/2038 • |  | 10000 | 9050 |
| **Allegro CLO Ltd.** <br>5.678% due 10/15/2034 •  |  | 7369 | 7386 |
| **American Money Management Corp. CLO Ltd.** <br>5.469% due 01/20/2035 •  |  | 35200 | 35213 |
| **Anchorage Capital CLO Ltd.**  |  |  |  |
| 5.319% due 10/20/2034 • |  | 75350 | 75369 |
| 5.369% due 01/20/2035 • |  | 19700 | 19652 |
| 5.712% due 04/22/2034 • |  | 31800 | 31871 |
| 5.969% due 04/20/2037 • |  | 136100 | 136400 |
| **Anchorage Credit Funding Ltd.**  |  |  |  |
| 2.723% due 04/27/2039  |  | 1000 | 952 |
| 2.871% due 01/28/2039  |  | 9700 | 9202 |
| 2.875% due 07/27/2039  |  | 2000 | 1879 |
| 3.000% due 01/21/2040  |  | 2000 | 1864 |
| 3.177% due 10/25/2038  |  | 5600 | 5372 |
| 3.400% due 04/25/2038  |  | 106000 | 103280 |
| 3.619% due 04/25/2038  |  | 21900 | 21549 |
| 3.793% due 10/25/2037  |  | 24213 | 23742 |
| 3.900% due 07/28/2037  |  | 57971 | 56911 |
| 3.928% due 04/25/2038  |  | 60500 | 59427 |
| 4.169% due 04/25/2038  |  | 2000 | 1926 |
| 4.300% due 07/25/2036  |  | 34276 | 33987 |
| 4.430% due 07/25/2037  |  | 16878 | 16715 |
| 4.620% due 04/25/2037  |  | 4708 | 4676 |
| **Apex Credit CLO Ltd.** <br>6.069% due 04/20/2036 •  |  | 76200 | 76432 |
| **Apidos CLO**  |  |  |  |
| 5.481% due 10/20/2030 • |  | 1191 | 1193 |
| 5.520% due 04/17/2034 • |  | 86100 | 86070 |
| **Aqua Finance Issuer Trust**  |  |  |  |
| 1.000% due 12/19/2050 (c)  |  | 29548 | 48493 |
| 5.250% due 12/19/2050 «(c)  |  | 84500 | 84557 |
| 6.770% due 12/19/2050 «(c)  |  | 17100 | 17112 |
| **Arbour CLO DAC**  |  |  |  |
| 3.155% due 12/15/2038 • | EUR | 93400 | 110082 |
| 3.293% due 11/15/2037 • |  | 54500 | 64213 |
| 3.473% due 05/15/2038 • |  | 20750 | 24457 |
| 4.025% due 12/15/2038 • |  | 3200 | 3781 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Arcano** **Euro CLO DAC** <br>0.000% due 07/25/2039 •(c) | 91300 | 107547 |
| **Ares CLO Ltd.**  |  |  |
| 5.433% due 10/28/2034 • | $84300 | 84396 |
| 5.506% due 10/15/2030 • | 12000 | 12009 |
| 5.573% due 04/25/2034 • | 12800 | 12815 |
| **Ares European CLO DAC** <br>3.266% due 10/21/2034 •  | 38794 | 45683 |
| **Ascent Education Funding Trust** <br>6.140% due 10/25/2050 | $11527 | 11777 |
| **Atlantic Avenue Ltd.** <br>5.529% due 01/20/2035 •  | 83300 | 83272 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.329% due 10/20/2034 • | 1000 | 1000 |
| 5.379% due 01/18/2035 • | 77600 | 77546 |
| 5.499% due 10/23/2032 • | 68915 | 69009 |
| 5.717% due 10/24/2031 • | 12121 | 12139 |
| **Avoca Static CLO DAC**  |  |  |
| 3.249% due 01/15/2035 • | 36169 | 42607 |
| 3.979% due 01/15/2035 • | 13500 | 15924 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 0.000% due 04/22/2035 •(c)  | $23700 | 23700 |
| 0.000% due 07/15/2035 •(c)  | 64800 | 64849 |
| 5.269% due 04/23/2035 • | 63700 | 63509 |
| 5.422% due 10/23/2034 • | 22500 | 22444 |
| 5.469% due 10/20/2034 • | 66800 | 66962 |
| 5.491% due 07/16/2034 • | 39400 | 39372 |
| 5.509% due 07/19/2034 • | 78400 | 78590 |
| 5.741% due 07/16/2034 • | 6300 | 6321 |
| 5.919% due 10/20/2034 • | 12400 | 12448 |
| **Bankers Healthcare Group Securitization Trust**  |  |  |
| 4.820% due 04/17/2036  | 20055 | 20193 |
| 5.260% due 04/17/2036  | 26100 | 26331 |
| **Barings CLO Ltd.** <br>5.681% due 01/18/2035 •  | 12300 | 12327 |
| **Benefit Street Partners CLO Ltd.**  |  |  |
| 5.256% due 01/15/2035 • | 7000 | 6958 |
| 5.619% due 04/20/2034 • | 100860 | 101017 |
| 5.688% due 07/15/2034 • | 2500 | 2505 |
| **BlueMountain CLO Ltd.**  |  |  |
| 5.472% due 10/25/2030 • | 55847 | 55887 |
| 5.526% due 11/15/2030 • | 8264 | 8263 |
| 5.681% due 04/19/2034 • | 7000 | 7008 |
| **Bryant Park Funding Ltd.** <br>5.876% due 04/15/2037 •  | 43000 | 43117 |
| **Buckingham CDO Ltd.**  |  |  |
| 7.680% due 04/05/2041 • | 643393 | 39986 |
| 7.750% due 09/05/2051 • | 990065 | 1139 |
| **Camber PLC** <br>5.785% due 11/09/2053 •  | 198149 | 20 |
| **Canyon CLO Ltd.** <br>5.336% due 07/15/2034 •  | 4400 | 4405 |
| **Capital Four U.S. CLO Ltd.** <br>6.169% due 01/20/2037 •  | 37500 | 37642 |
| **Capital Street Master Trust**  |  |  |
| 5.654% due 10/16/2028 • | 129300 | 129327 |
| 5.904% due 10/16/2028 • | 10100 | 10102 |
| **Carlyle Global Market Strategies CLO Ltd.**  |  |  |
| 5.359% due 07/20/2034 • | 108200 | 108325 |
| 5.489% due 07/20/2032 • | 3026 | 3029 |
| 5.511% due 07/20/2031 • | 4355 | 4362 |
| 5.638% due 05/15/2031 • | 2472 | 2474 |
| **Carval CLO Ltd.**  |  |  |
| 5.259% due 07/20/2032 • | 70675 | 70728 |
| 5.491% due 07/16/2031 • | 48636 | 48709 |
| **Cathedral Lake Ltd.**  |  |  |
| 5.751% due 01/20/2035 • | 11500 | 11509 |
| 5.793% due 04/25/2034 • | 1200 | 1203 |
| **CBAM Ltd.** <br>5.651% due 04/20/2032 •  | 15346 | 15378 |
| **CCG Receivables Trust** <br>5.820% due 09/16/2030 | 1397 | 1405 |
| **Cedar Funding CLO Ltd.** <br>5.581% due 04/20/2034 •  | 15000 | 15043 |
| **Centerbridge Credit Funding Ltd.** <br>3.164% due 07/25/2039 | 8700 | 8373 |
| **CIFC Funding Ltd.**  |  |  |
| 5.531% due 10/18/2030 • | 7587 | 7592 |
| 5.600% due 04/17/2035 • | 13000 | 13000 |
| 5.658% due 01/15/2035 • | 43000 | 43041 |
| 5.658% due 07/15/2036 • | 18100 | 18139 |
| **College Avenue Student Loans LLC**  |  |  |
| 5.330% due 05/25/2055  | 35072 | 35453 |
| 5.820% due 05/25/2055  | 17508 | 17826 |
| 5.955% due 06/25/2054 • | 55943 | 56208 |
| 6.060% due 05/25/2055  | 15449 | 15628 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.205% due 05/25/2055 • | 36765 | 37263 |
| 6.500% due 06/25/2054  | 56101 | 58950 |
| 6.890% due 05/25/2055  | 4400 | 4495 |
| 7.330% due 06/25/2054  | 20340 | 21383 |
| 7.580% due 06/25/2054  | 16010 | 16803 |
| 8.210% due 06/25/2054  | 3860 | 4083 |
| 8.490% due 05/25/2055  | 5600 | 5758 |
| 10.120% due 06/25/2054  | 7828 | 8114 |
| **Cologix Canadian Issuer LP** <br>4.940% due 01/25/2052 | 20400 | 14717 |
| **Commonbond Student Loan Trust** <br>1.980% due 08/25/2050 | $641 | 573 |
| **Consumer Loan Finance**  |  |  |
| 0.000% due 11/25/2054 «(h)  | 23076 | 12392 |
| 5.150% due 11/25/2054  | 67978 | 68245 |
| 5.350% due 11/25/2054  | 98647 | 100121 |
| 5.450% due 11/25/2054  | 24254 | 24580 |
| 5.750% due 11/25/2054  | 12127 | 12308 |
| 6.600% due 11/25/2054  | 15925 | 16134 |
| 8.750% due 11/25/2054  | 9098 | 9265 |
| **Consumer Loan Finance Issuer Trust**  |  |  |
| 0.000% due 11/25/2053 «(h)  | 223911 | 103990 |
| 0.000% due 11/25/2054 «(h)  | 19264 | 9242 |
| 5.150% due 11/25/2054  | 32311 | 32339 |
| 5.350% due 11/25/2054  | 60690 | 61974 |
| 5.450% due 11/25/2054  | 16779 | 17014 |
| 5.750% due 11/25/2054  | 8391 | 8516 |
| 6.250% due 11/25/2053  | 196652 | 197554 |
| 6.400% due 11/25/2053  | 610576 | 634141 |
| 6.600% due 11/25/2054  | 10556 | 10706 |
| 6.950% due 11/25/2053  | 144401 | 149372 |
| 7.400% due 11/25/2053  | 144401 | 149879 |
| 8.750% due 11/25/2054  | 6314 | 6425 |
| 9.100% due 11/25/2053  | 84212 | 87676 |
| 9.350% due 11/25/2053  | 78212 | 79360 |
| **CQS U.S. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 48400 | 48417 |
| **Crossroads Asset Trust** <br>4.910% due 02/20/2032 | 3500 | 3511 |
| **Cumulus Static CLO DAC** <br>3.343% due 11/15/2033 •  | 54829 | 64750 |
| **CVC Cordatus Opportunity Loan Fund-R DAC** <br>2.983% due 08/15/2033 •  | 102528 | 120420 |
| **Davis Square Funding Ltd.**  |  |  |
| 5.220% due 10/08/2040 • | $583584 | 202476 |
| 5.360% due 10/08/2040 • | 44806 | 11356 |
| 5.540% due 10/08/2040 • | 52400 | 12230 |
| **Dell Equipment Finance Trust** <br>4.690% due 08/22/2030 | 70900 | 70971 |
| **Dewolf Park CLO Ltd.** <br>5.438% due 10/15/2030 •  | 4371 | 4377 |
| **Diameter Capital CLO Ltd.**  |  |  |
| 5.866% due 04/15/2037 • | 137400 | 137829 |
| 6.086% due 01/15/2037 • | 92200 | 92622 |
| **Diameter Credit Funding Ltd.**  |  |  |
| 3.940% due 01/25/2038  | 32500 | 31978 |
| 4.600% due 07/25/2037  | 899 | 892 |
| **Diamond Infrastructure Funding LLC** <br>1.760% due 04/15/2049 | 3500 | 3331 |
| **DLLMT LLC** <br>5.080% due 02/22/2027 | 36789 | 36877 |
| **Dryden CLO Ltd.**  |  |  |
| 5.362% due 08/20/2034 • | 100200 | 99961 |
| 5.638% due 01/15/2031 • | 2167 | 2170 |
| 5.684% due 05/20/2034 • | 2000 | 2003 |
| **Dryden Senior Loan Fund**  |  |  |
| 5.339% due 04/20/2034 • | 2000 | 2001 |
| 5.419% due 10/19/2029 • | 45191 | 45223 |
| **Duke Funding High Grade Ltd.**  |  |  |
| 5.100% due 08/02/2049 • | 776047 | 4972 |
| 5.190% due 08/02/2049 • | 285269 | 1898 |
| 5.304% due 08/02/2049 • | 102000 | 10 |
| **Education Funding Trust**  |  |  |
| 3.557% due 02/01/2050  | 45865 | 39997 |
| 4.108% due 02/01/2050  | 3893 | 3887 |
| 4.714% due 02/01/2050  | 33266 | 32867 |
| **Elevation CLO Ltd.**  |  |  |
| 5.412% due 07/25/2034 • | 72500 | 72580 |
| 5.582% due 01/25/2035 • | 77200 | 77229 |
| 5.882% due 01/25/2035 • | 8500 | 8518 |
| 6.132% due 01/25/2035 • | 13400 | 13372 |
| **Elmwood CLO Ltd.**  |  |  |
| 5.452% due 04/22/2035 « | 30600 | 30600 |
| **Flatiron CLO Ltd.** <br>5.505% due 11/16/2034 •  | 37627 | 37706 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Fortress** **Credit BSL Ltd.** <br>5.369% due 07/23/2032 •  | 22783 | 22806 |
| **Foundation Finance Trust** <br>4.670% due 04/15/2052 (c) | 17200 | 17196 |
| **Generate CLO Ltd.** <br>6.099% due 10/20/2036 •  | 127900 | 129830 |
| **Goal Structured Solutions Trust** <br>5.070% due 09/25/2041 •  | 5222 | 5157 |
| **GoodLeap Home Improvement Solutions Trust** <br>5.320% due 06/20/2049 « | 54900 | 55383 |
| **GoodLeap Sustainable Home Solutions Trust** <br>6.500% due 07/20/2055 | 8090 | 7769 |
| **GreatAmerica Leasing Receivables Funding LLC** <br>5.280% due 03/15/2027 | 14757 | 14820 |
| **GreenSky Home Improvement Issuer Trust**  |  |  |
| 5.120% due 03/25/2060  | 38449 | 38530 |
| 5.150% due 10/27/2059  | 12924 | 13070 |
| 5.220% due 03/25/2060  | 19352 | 19547 |
| 5.250% due 10/27/2059  | 3688 | 3694 |
| 5.320% due 03/25/2060  | 22100 | 22522 |
| 5.390% due 03/25/2060  | 13900 | 14040 |
| 5.690% due 03/25/2060  | 7300 | 7402 |
| **GreenSky Home Improvement Trust**  |  |  |
| 5.550% due 06/25/2059  | 8400 | 8605 |
| 5.880% due 06/25/2059  | 10304 | 10358 |
| **Greywolf CLO Ltd.**  |  |  |
| 5.502% due 04/22/2033 • | 75500 | 75683 |
| 6.122% due 04/22/2033 • | 32300 | 32379 |
| **Grosvenor Place CLO DAC** <br>0.000% due 01/15/2039 •  | 78600 | 92528 |
| **Guggenheim CLO Ltd.** <br>5.406% due 01/15/2035 •  | $54500 | 54403 |
| **Hayfin Emerald CLO DAC**  |  |  |
| 3.337% due 11/17/2037 • | 88800 | 104484 |
| 3.586% due 07/18/2038 • | 69000 | 81430 |
| 3.898% due 01/25/2037 • | 101575 | 119814 |
| 3.914% due 01/22/2039 • | 85000 | 100224 |
| **Henley CLO DAC** <br>3.148% due 04/25/2034 •  | 35700 | 42009 |
| **Hildene TruPS Securitization Ltd.** <br>6.348% due 05/22/2039 •  | $2268 | 2268 |
| **Home Partners of America Trust**  |  |  |
| 1.698% due 09/17/2041  | 6981 | 6200 |
| 1.901% due 12/17/2026  | 17967 | 17305 |
| **Hout Bay Corp.**  |  |  |
| 4.686% due 07/05/2041 • | 463545 | 75898 |
| 4.886% due 07/05/2041 • | 34165 | 36 |
| 5.016% due 07/05/2041 ^•(e)  | 4046 | 0 |
| **HPS Loan Management Ltd.** <br>5.681% due 01/23/2035 •  | 3165 | 3167 |
| **ICG U.S. CLO Ltd.**  |  |  |
| 5.251% due 01/16/2033 • | 39129 | 39124 |
| 5.419% due 10/20/2034 • | 75900 | 75953 |
| 5.550% due 04/17/2034 • | 12100 | 12104 |
| **Indigo Credit Management DAC** <br>3.479% due 07/15/2038 •  | 93500 | 110343 |
| **Invesco CLO Ltd.** <br>5.638% due 07/15/2034 •  | $4625 | 4634 |
| **Invesco Euro CLO DAC**  |  |  |
| 3.296% due 10/30/2038 • | 70200 | 82537 |
| 3.299% due 01/15/2034 • | 80900 | 95112 |
| **Jamestown CLO Ltd.**  |  |  |
| 5.402% due 07/25/2034 • | $83300 | 83061 |
| 5.552% due 07/25/2035 • | 79100 | 79220 |
| **Jupiter High-Grade CDO Ltd.** <br>9.565% due 06/08/2042 «•  | 34500 | 0 |
| **KDAC Aviation Finance Ltd.** <br>4.212% due 12/15/2042 | 7347 | 7156 |
| **KGS-Alpha SBA COOF Trust** <br>1.007% due 04/25/2038 «~(a) | 5648 | 115 |
| **KKR CLO Ltd.**  |  |  |
| 5.518% due 04/15/2031 • | 1878 | 1880 |
| 5.586% due 04/15/2035 • | 5750 | 5757 |
| 5.598% due 04/15/2034 • | 6000 | 6003 |
| 5.701% due 02/09/2035 • | 92500 | 92568 |
| **Labrador Aviation Finance Ltd.** <br>4.300% due 01/15/2042 | 790 | 768 |
| **LCM Loan Income Fund Ltd.** <br>5.561% due 04/20/2031 •  | 6332 | 6340 |
| **LCM Ltd.**  |  |  |
| 5.326% due 01/15/2034 • | 1000 | 997 |
| 5.336% due 10/15/2034 • | 53700 | 53562 |
| 5.549% due 07/20/2034 • | 42800 | 42832 |
| **LendingPoint Pass-Through Trust** <br>5.700% due 07/15/2029 | 2913 | 2875 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Lendmark** **Funding Trust**  |  |  |
| 4.470% due 02/21/2034  | 18900 | 18856 |
| 5.530% due 06/21/2032  | 20100 | 20454 |
| **Lyra Music Assets Delaware LP** <br>5.760% due 12/22/2064 | 103452 | 104038 |
| **M&T Equipment Notes** <br>4.990% due 08/18/2031 | 40495 | 40582 |
| **Madison Park Funding Ltd.**  |  |  |
| 5.256% due 10/15/2034 • | 120200 | 120339 |
| 5.316% due 04/15/2035 • | 2000 | 1992 |
| 5.319% due 10/19/2034 • | 76700 | 76598 |
| 5.389% due 10/20/2029 • | 2533 | 2536 |
| 5.471% due 10/21/2030 • | 25090 | 25113 |
| 5.514% due 07/27/2031 • | 1886 | 1889 |
| 5.521% due 04/20/2032 • | 941 | 943 |
| 5.522% due 10/22/2034 • | 10200 | 10215 |
| 5.598% due 10/15/2032 • | 49778 | 49803 |
| 5.634% due 01/22/2035 • | 12625 | 12632 |
| **Magnetite Ltd.**  |  |  |
| 5.406% due 10/15/2031 • | 18451 | 18461 |
| 5.606% due 04/15/2035 • | 15100 | 15115 |
| 5.743% due 01/25/2032 • | 8175 | 8187 |
| **MAN Euro CLO DAC** <br>4.029% due 10/15/2036 •  | 86900 | 102645 |
| **Marathon CLO Ltd.** <br>5.456% due 04/15/2032 •  | $1845 | 1848 |
| **Marble Point CLO Ltd.** <br>5.469% due 01/20/2032 •  | 6759 | 6759 |
| **Marlette Funding Trust**  |  |  |
| 0.000% due 04/16/2029 «(h)  | 7 | 0 |
| 7.130% due 12/15/2033  | 16911 | 17114 |
| **Marzio Finance SRL** <br>2.759% due 09/28/2049 •  | 5760 | 6812 |
| **Mercury CDO Ltd.** <br>5.423% due 12/08/2040 •  | $6000 | 136 |
| **MidOcean Credit CLO** <br>5.499% due 04/20/2033 •  | 13302 | 13317 |
| **MMcapS Funding Ltd.** <br>5.041% due 12/01/2035 •  | 9100 | 8781 |
| **Mountain View CLO LLC** <br>5.562% due 01/16/2031 •  | 278 | 278 |
| **Mountain View CLO Ltd.**  |  |  |
| 5.415% due 10/15/2034 • | 78100 | 78030 |
| 5.716% due 04/15/2034 • | 45900 | 45969 |
| **Nassau Ltd.** <br>5.668% due 07/15/2031 •  | 2771 | 2773 |
| **National Collegiate Commutation Trust** <br>0.000% due 03/25/2038 •  | 61425 | 9110 |
| **Navesink CLO Ltd.** <br>5.526% due 04/15/2036 •  | 13400 | 13407 |
| **Navient Private Education Loan Trust**  |  |  |
| 2.460% due 11/15/2068  | 8191 | 7879 |
| 5.876% due 07/16/2040 • | 10105 | 10156 |
| **Navient Private Education Refi Loan Trust**  |  |  |
| 1.330% due 04/15/2069  | 16444 | 15117 |
| 1.690% due 05/15/2069  | 199 | 188 |
| 3.238% due 11/15/2045 ~  | 110036 | 103440 |
| 5.476% due 12/15/2059 • | 3928 | 3913 |
| **Navient Refinance Loan Trust**  |  |  |
| 5.020% due 07/15/2055  | 33300 | 33567 |
| 5.150% due 02/16/2055  | 19727 | 19965 |
| **Navient Student Loan Trust**  |  |  |
| 6.004% due 03/15/2072 • | 60975 | 61533 |
| 7.230% due 03/15/2072  | 52400 | 56623 |
| **Nelnet Student Loan Trust**  |  |  |
| 4.874% due 09/27/2066 • | 508 | 508 |
| 6.502% due 02/20/2041 • | 38087 | 38939 |
| 6.640% due 02/20/2041  | 36933 | 38253 |
| **Neuberger Berman Loan Advisers CLO Ltd.**  |  |  |
| 5.302% due 10/14/2036 • | 73800 | 73664 |
| 5.330% due 07/17/2036 • | 62500 | 62454 |
| 5.542% due 04/14/2035 • | 18800 | 18810 |
| **Newark BSL CLO Ltd.** <br>5.513% due 07/25/2030 •  | 3720 | 3722 |
| **Northwoods Capital Ltd.**  |  |  |
| 5.508% due 06/15/2031 • | 33931 | 33892 |
| 5.558% due 11/13/2031 • | 1603 | 1601 |
| **Ocean Trails CLO**  |  |  |
| 5.299% due 07/20/2034 • | 43800 | 43807 |
| 5.546% due 07/15/2034 • | 84500 | 84598 |
| 5.956% due 10/15/2034 • | 7750 | 7770 |
| **Octagon Investment Partners Ltd.**  |  |  |
| 5.309% due 01/20/2035 • | 108600 | 108001 |
| 5.419% due 10/20/2030 • | 35571 | 35604 |
| **OFSI BSL Ltd.** <br>5.539% due 04/20/2034 •  | 62000 | 62074 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **OneMain** **Financial Issuance Trust**  |  |  |
| 1.750% due 09/14/2035  | 17805 | 17366 |
| 5.804% due 09/15/2036 • | 18764 | 19098 |
| 5.940% due 05/15/2034  | 1643 | 1653 |
| **Oportun Funding Trust** <br>4.960% due 08/16/2032 | 19970 | 19942 |
| **Oportun Issuance Trust**  |  |  |
| 5.010% due 02/08/2033  | 19800 | 19794 |
| 5.300% due 02/08/2033  | 4600 | 4597 |
| 5.860% due 02/09/2032  | 9013 | 9024 |
| 5.890% due 02/08/2033  | 500 | 500 |
| **OZLM Ltd.** <br>5.419% due 07/20/2030 •  | 2667 | 2669 |
| **Pagaya AI Debt Grantor Trust**  |  |  |
| 0.000% due 04/15/2032 «~  | 8513 | 5539 |
| 4.961% due 10/15/2032  | 10600 | 10581 |
| 5.065% due 03/15/2032  | 11368 | 11370 |
| 5.092% due 07/15/2032  | 18000 | 18033 |
| 5.156% due 07/15/2032  | 12499 | 12537 |
| 5.162% due 04/15/2032 «  | 6916 | 6919 |
| 5.183% due 06/15/2032  | 17624 | 17694 |
| 5.331% due 01/15/2032  | 9942 | 9972 |
| 5.617% due 04/15/2032 «  | 9486 | 9491 |
| 5.637% due 07/15/2032  | 8599 | 8628 |
| 5.750% due 06/15/2032  | 16656 | 16739 |
| 5.823% due 04/15/2032 «  | 5435 | 5431 |
| 5.871% due 07/15/2032  | 7899 | 7931 |
| 5.992% due 06/15/2032  | 6499 | 6514 |
| 6.261% due 04/15/2032 «  | 5726 | 5725 |
| 6.278% due 10/15/2031  | 6805 | 6872 |
| 10.273% due 04/15/2032 «  | 7048 | 6849 |
| **Pagaya AI Debt Grantor Trust & Pagaya AI Debt Trust** <br>6.093% due 11/15/2031 | 6482 | 6525 |
| **Pagaya AI Debt Selection Trust** <br>6.117% due 12/15/2031 | 6528 | 6583 |
| **Pagaya AI Debt Trust**  |  |  |
| 5.373% due 01/17/2033  | 18600 | 18640 |
| 6.258% due 10/15/2031  | 15788 | 15896 |
| 6.319% due 08/15/2031  | 7193 | 7249 |
| 6.660% due 07/15/2031  | 1874 | 1886 |
| 8.050% due 03/15/2030 ~  | 6 | 6 |
| 9.099% due 04/15/2031  | 3577 | 3592 |
| 9.524% due 12/16/2030 ~  | 1654 | 1666 |
| **Palmer Square CLO Ltd.**  |  |  |
| 5.371% due 05/21/2034 • | 21660 | 21623 |
| 5.688% due 10/15/2034 • | 14700 | 14707 |
| **Palmer Square European Loan Funding DAC**  |  |  |
| 3.113% due 05/15/2033 • | 66795 | 78763 |
| 3.113% due 08/15/2033 • | 73157 | 86180 |
| 3.133% due 05/15/2034 • | 111224 | 130927 |
| 3.143% due 05/15/2034 • | 62754 | 73862 |
| 3.170% due 10/15/2034 • | 134400 | 157882 |
| 3.259% due 01/15/2033 • | 16097 | 18976 |
| 3.793% due 05/15/2033 • | 1000 | 1180 |
| 3.870% due 10/15/2034 • | 22500 | 26567 |
| **Parallel Ltd.** <br>5.366% due 07/15/2034 •  | $74400 | 74280 |
| **Performer Funding PLC**  |  |  |
| 0.000% due 06/21/2035 (h)  | 164391 | 115198 |
| 6.223% due 06/21/2035 • | 185225 | 254017 |
| 7.223% due 06/21/2035 • | 129635 | 178554 |
| 8.223% due 06/21/2035 • | 86490 | 120974 |
| 9.723% due 06/21/2035 • | 37025 | 51723 |
| 11.723% due 06/21/2035 • | 55585 | 77640 |
| **Pikes Peak CLO**  |  |  |
| 5.466% due 07/15/2034 • | $46500 | 46534 |
| 5.489% due 10/11/2034 • | 45000 | 45043 |
| **Progress Residential Trust**  |  |  |
| 2.013% due 11/17/2040  | 6022 | 5615 |
| 2.709% due 02/17/2041  | 10590 | 9958 |
| **Project Panama SPV LLC** <br>7.827% due 12/20/2054 « | 174657 | 175257 |
| **Providus CLO DAC** <br>3.439% due 10/15/2038 •  | 69000 | 81391 |
| **Rad CLO Ltd.** <br>5.711% due 04/23/2034 •  | $14510 | 14540 |
| **Reach ABS Trust**  |  |  |
| 4.960% due 08/16/2032  | 19295 | 19299 |
| 5.880% due 07/15/2031  | 5369 | 5383 |
| 6.300% due 02/18/2031  | 1814 | 1818 |
| **Regatta Funding Ltd.**  |  |  |
| 5.456% due 01/15/2033 • | 78032 | 78053 |
| 5.592% due 04/20/2035 • | 24100 | 24140 |
| **Regional Management Issuance Trust**  |  |  |
| 5.110% due 12/15/2033  | 20700 | 20827 |
| 5.830% due 07/15/2036  | 10500 | 10745 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Rockford** **Tower Europe CLO DAC** <br>3.561% due 04/24/2037 •  | 29600 | 34885 |
| **Romark CLO Ltd.** <br>5.571% due 10/23/2030 •  | $935 | 936 |
| **Romark Credit Funding Ltd.**  |  |  |
| 2.625% due 10/25/2039  | 1000 | 940 |
| 3.572% due 04/28/2038  | 52900 | 51749 |
| 5.539% due 09/15/2042  | 27400 | 27454 |
| **Sandstone Peak Ltd.** <br>5.536% due 10/15/2034 •  | 72100 | 72145 |
| **Sculptor CLO Ltd.** <br>5.329% due 07/20/2034 •  | 67800 | 67817 |
| **Sculptor European CLO DAC** <br>3.361% due 04/27/2038 •  | 102300 | 120684 |
| **Sierra Madre Funding Ltd.** <br>4.826% due 09/07/2039 •  | $19642 | 11893 |
| **Silver Rock CLO Ltd.** <br>5.309% due 01/20/2035 •  | 59400 | 59291 |
| **SLM Private Credit Student Loan Trust** <br>4.850% due 12/15/2039 •  | 248 | 242 |
| **SLM Student Loan Trust**  |  |  |
| 2.558% due 10/25/2039 • | 3775 | 4148 |
| 5.220% due 03/25/2026 • | $19265 | 19144 |
| **SMB Private Education Loan Trust**  |  |  |
| 0.000% due 03/15/2052 «(h)  | 5503 | 6563 |
| 0.000% due 09/15/2053 (h)  | 3 | 1087 |
| 0.000% due 02/16/2055 «(h)  | 34 | 32082 |
| 0.000% due 10/16/2056 «(h)  | 13 | 5697 |
| 0.000% due 10/15/2058 «(h)  | 23 | 5344 |
| 3.940% due 02/16/2055  | 202200 | 196977 |
| 4.550% due 02/16/2055  | 79809 | 78717 |
| 4.950% due 02/16/2055  | 23216 | 23017 |
| 4.990% due 10/16/2056  | 233212 | 234519 |
| 5.060% due 03/16/2054  | 36322 | 36749 |
| 5.090% due 10/16/2056  | 11765 | 11895 |
| 5.240% due 03/15/2056  | 2344 | 2387 |
| 5.284% due 09/15/2054 • | 2707 | 2699 |
| 5.370% due 10/15/2058  | 103658 | 104987 |
| 5.380% due 07/15/2053  | 105208 | 107436 |
| 5.403% due 06/17/2052 • | 10846 | 10782 |
| 5.403% due 07/15/2053 • | 116582 | 116761 |
| 5.500% due 06/17/2052  | 44045 | 45146 |
| 5.550% due 03/15/2052  | 48174 | 49397 |
| 5.603% due 03/15/2052 • | 48174 | 48264 |
| 5.654% due 10/16/2056 • | 12299 | 12337 |
| 5.670% due 11/15/2052  | 1796 | 1846 |
| 5.754% due 02/16/2055 • | 199536 | 201158 |
| 5.754% due 03/15/2056 • | 8788 | 8886 |
| 5.770% due 10/16/2056  | 128108 | 129976 |
| 5.950% due 02/16/2055  | 22840 | 22750 |
| 5.954% due 09/15/2053 • | 117496 | 119312 |
| 6.104% due 10/16/2056 • | 355814 | 363218 |
| 6.104% due 10/15/2058 • | 158943 | 161912 |
| 6.150% due 09/15/2053  | 72378 | 76069 |
| 6.150% due 10/15/2058  | 34957 | 36114 |
| 6.154% due 05/16/2050 • | 5855 | 5911 |
| 6.250% due 03/15/2052  | 11819 | 12116 |
| 6.360% due 10/16/2056  | 19950 | 20558 |
| 6.500% due 03/15/2052  | 4315 | 4511 |
| 6.580% due 10/15/2058  | 7162 | 7365 |
| 6.930% due 09/15/2053  | 43966 | 46812 |
| 7.230% due 10/15/2058  | 35594 | 36077 |
| 7.540% due 09/15/2053  | 8999 | 9511 |
| 7.560% due 10/16/2056  | 64173 | 65880 |
| 8.290% due 03/15/2052  | 4600 | 4809 |
| 8.870% due 09/15/2053  | 18543 | 19938 |
| **SoFi Alternative Trust**  |  |  |
| 0.000% due 02/15/2046 «(h)  | 1000 | 17315 |
| 1.170% due 02/15/2046  | 130158 | 121201 |
| 2.550% due 02/15/2046  | 54100 | 45992 |
| 4.134% due 06/15/2050 ~  | 98556 | 94284 |
| 5.839% due 05/16/2050 ~  | 57982 | 55729 |
| **SoFi Consumer Loan Program Trust**  |  |  |
| 0.000% due 03/27/2034 «(h)  | 10092 | 13247 |
| 0.010% due 06/15/2034 « | 28376 | 35280 |
| 4.620% due 06/15/2034 « | 259800 | 259786 |
| 4.800% due 02/27/2034  | 27195 | 27254 |
| 4.910% due 03/27/2034 «  | 85821 | 85719 |
| 4.970% due 06/15/2034 « | 26600 | 26596 |
| 5.190% due 06/15/2034 « | 20600 | 20595 |
| 5.250% due 03/27/2034 «  | 9528 | 9509 |
| 5.590% due 06/15/2034 « | 15200 | 15200 |
| 5.770% due 03/27/2034 «  | 7392 | 7368 |
| 6.260% due 03/27/2034 «  | 5461 | 5464 |
| **Sound Point CLO** <br>5.688% due 07/15/2034 •  | 13000 | 13016 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Sound** **Point CLO Ltd.**  |  |  |
| 5.518% due 04/15/2031 • | 4987 | 4993 |
| 5.562% due 01/25/2032 • | 47972 | 48000 |
| 5.723% due 10/25/2034 • | 15700 | 15723 |
| **Steele Creek CLO Ltd.** <br>5.528% due 04/15/2031 •  | 6895 | 6904 |
| **Sycamore Tree CLO Ltd.** <br>5.949% due 01/20/2037 •  | 79000 | 79905 |
| **Symphony CLO Ltd.**  |  |  |
| 5.449% due 04/18/2033 • | 35500 | 35529 |
| 6.072% due 01/20/2037 • | 21325 | 21402 |
| **T-Mobile U.S. Trust** <br>4.250% due 05/21/2029 | 29700 | 29758 |
| **Tallman Park CLO Ltd.** <br>5.591% due 04/20/2034 •  | 31100 | 31100 |
| **TCW CLO AMR Ltd.** <br>5.624% due 08/16/2034 •  | 84500 | 84618 |
| **TCW CLO Ltd.** <br>5.861% due 01/16/2037 •  | 43800 | 43875 |
| **Tesla Sustainable Energy Trust**  |  |  |
| 5.080% due 06/21/2050  | 8024 | 8059 |
| 5.290% due 06/20/2050  | 8300 | 8356 |
| **Theorem Funding Trust**  |  |  |
| 6.060% due 12/15/2028  | 1376 | 1377 |
| 7.580% due 04/15/2029  | 3532 | 3544 |
| **THL Credit Wind River CLO Ltd.** <br>5.591% due 04/18/2036 •  | 11250 | 11264 |
| **TIAA CLO Ltd.** <br>5.409% due 01/20/2032 •  | 18128 | 18146 |
| **Tikehau CLO DAC**  |  |  |
| 3.379% due 04/15/2032 • | 717 | 846 |
| 3.456% due 01/20/2037 • | 83700 | 98609 |
| **Trainer Wortham CBO Ltd.** <br>5.139% due 01/04/2040 •  | $4690 | 1729 |
| **Tralee CLO Ltd.**  |  |  |
| 5.349% due 10/20/2034 • | 56500 | 56568 |
| 5.502% due 10/25/2032 • | 13888 | 13898 |
| **Trapeza CDO Ltd.**  |  |  |
| 4.840% due 11/09/2042 • | 11086 | 10642 |
| 4.874% due 01/27/2040 • | 20537 | 19202 |
| 4.890% due 11/09/2042 • | 14000 | 12285 |
| 4.896% due 04/06/2042 • | 8093 | 6980 |
| **Triaxx Prime CDO Ltd.** <br>5.220% due 10/02/2039 ^•(e) | 5843 | 58 |
| **Tricon American Homes** <br>1.482% due 11/17/2039 | 15828 | 14844 |
| **Trinitas CLO Ltd.**  |  |  |
| 5.309% due 07/20/2035 • | 5500 | 5473 |
| 5.342% due 01/25/2035 • | 5000 | 4981 |
| 5.469% due 01/20/2032 • | 3390 | 3393 |
| 5.612% due 01/25/2034 • | 30800 | 30837 |
| 5.622% due 01/25/2034 • | 45300 | 45328 |
| 5.631% due 07/20/2031 • | 6065 | 6073 |
| 5.652% due 04/25/2033 • | 80900 | 81010 |
| **Trinitas Euro CLO DAC** <br>0.000% due 07/15/2039 «•(c) | 47800 | 56306 |
| **Tropic CDO Ltd.**  |  |  |
| 4.808% due 07/15/2036 • | $17928 | 17479 |
| 4.838% due 07/15/2036 • | 28718 | 27641 |
| **TruPS Financials Note Securitization Ltd.** <br>5.727% due 03/30/2039 •  | 155484 | 153152 |
| **Trysail CLO Ltd.** <br>5.511% due 10/20/2033 •  | 28700 | 28712 |
| **TSTAT Ltd.** <br>5.419% due 07/20/2037 •  | 10513 | 10522 |
| **U.S. Capital Funding Ltd.** <br>4.752% due 10/10/2040 •  | 26140 | 24375 |
| **Upstart Pass-Through Trust**  |  |  |
| 4.300% due 05/20/2030  | 2319 | 2304 |
| 7.900% due 10/20/2028  | 6362 | 6460 |
| **Upstart Structured Pass-Through Trust** <br>4.250% due 06/17/2030 | 2794 | 2777 |
| **Venture CLO Ltd.**  |  |  |
| 5.409% due 10/20/2034 • | 14700 | 14683 |
| 5.521% due 07/20/2030 • | 234 | 234 |
| **Verdelite Static CLO Ltd.** <br>5.399% due 07/20/2032 •  | 88381 | 88263 |
| **Voya CLO Ltd.**  |  |  |
| 5.329% due 04/20/2034 • | 137800 | 137285 |
| 5.469% due 07/20/2032 • | 2349 | 2351 |
| 5.776% due 04/15/2037 • | 13330 | 13397 |
| **Voya Ltd.** <br>5.518% due 10/15/2030 •  | 278 | 278 |
| **Wellfleet CLO Ltd.**  |  |  |
| 5.465% due 04/20/2034  | 44500 | 44500 |
| 5.718% due 07/15/2034 • | 10000 | 10012 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Wind** **River CLO Ltd.** <br>5.316% due 10/15/2034 •  | 65447 | 65251 |
|  |  | 18500809 |
| Total Asset-Backed Securities (Cost $36,314,837) |  | 35104587 |
| **SOVEREIGN ISSUES 7.9%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030  | 264337 | 210009 |
| 0.750% due 07/09/2030 þ  | 189298 | 128171 |
| 1.000% due 07/09/2029  | 32794 | 27416 |
| 3.500% due 07/09/2041  | 383591 | 238786 |
| 4.125% due 07/09/2035  | 408471 | 274850 |
| 4.125% due 07/09/2035 þ  | 142285 | 92664 |
| 4.125% due 07/09/2046  | 15284 | 10017 |
| 5.000% due 01/09/2038  | 113563 | 80899 |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (h) | 13616855 | 2417490 |
| **Egypt Government International Bond** <br>21.954% due 03/04/2028 | 23763600 | 472651 |
| **Hungary Government International Bond** <br>5.375% due 09/26/2030 | $102400 | 103462 |
| **Israel Government International Bond**  |  |  |
| 1.750% due 08/31/2025  | 508700 | 150412 |
| 3.800% due 05/13/2060  | $108835 | 71071 |
| 5.375% due 03/12/2029  | 128700 | 131432 |
| 5.375% due 02/19/2030  | 241200 | 246103 |
| 5.500% due 03/12/2034  | 100100 | 101493 |
| 5.625% due 02/19/2035  | 208300 | 212101 |
| 5.750% due 03/12/2054  | 109800 | 101842 |
| **Japan Government International Bond**  |  |  |
| 2.400% due 03/20/2045  | 19652000 | 137386 |
| 2.400% due 03/20/2055  | 5099000 | 32531 |
| **Mexican Bonos**  |  |  |
| 7.500% due 05/26/2033  | 451600 | 22049 |
| 7.750% due 05/29/2031  | 5392900 | 274302 |
| 7.750% due 11/23/2034  | 5735230 | 279657 |
| 8.500% due 03/01/2029  | 8892700 | 473276 |
| 8.500% due 05/31/2029  | 2444800 | 130057 |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (j)  | 11539539 | 545026 |
| 3.000% due 12/03/2026 (j)  | 6861714 | 358157 |
| 4.000% due 11/30/2028 (j)  | 4937844 | 257996 |
| 4.000% due 08/24/2034 (j)  | 5279791 | 261791 |
| **Mexico Government International Bond**  |  |  |
| 4.625% due 05/04/2033  | 130300 | 153439 |
| 5.850% due 07/02/2032 (c)  | $56500 | 57249 |
| 6.875% due 05/13/2037  | 8100 | 8468 |
| **Peru Government International Bond**  |  |  |
| 5.350% due 08/12/2040  | 24900 | 6044 |
| 5.400% due 08/12/2034  | 211380 | 56486 |
| 6.150% due 08/12/2032  | 2229659 | 651060 |
| 6.900% due 08/12/2037  | 448008 | 128900 |
| 6.950% due 08/12/2031  | 1748155 | 536596 |
| 7.300% due 08/12/2033  | 1767972 | 544585 |
| 7.600% due 08/12/2039  | 715171 | 215389 |
| **Republic of Greece Government International Bond**  |  |  |
| 2.000% due 04/22/2027  | 29093 | 34284 |
| 3.900% due 01/30/2033  | 46724 | 58373 |
| 4.000% due 01/30/2037  | 78168 | 97231 |
| 4.200% due 01/30/2042  | 33323 | 41245 |
| **Republic of South Africa Government International Bond**  |  |  |
| 7.000% due 02/28/2031  | 6781400 | 352393 |
| 8.000% due 01/31/2030  | 1169600 | 64966 |
| 8.500% due 01/31/2037  | 3587800 | 176418 |
| 8.875% due 02/28/2035  | 10265100 | 541436 |
| 9.000% due 01/31/2040  | 798200 | 38986 |
| 10.500% due 12/21/2026  | 5257200 | 308093 |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 82700 | 83775 |
| 2.000% due 04/14/2033  | 23900 | 21613 |
| 2.750% due 04/14/2041  | 44400 | 32657 |
| 2.875% due 04/13/2042  | 43200 | 31746 |
| 3.750% due 02/07/2034  | 25720 | 25915 |
| 5.125% due 09/24/2031  | 159600 | 185820 |
| 5.250% due 03/10/2030  | 129850 | 156363 |
| 5.250% due 05/30/2032  | 78700 | 91357 |
| 5.375% due 03/22/2031  | 80200 | 94887 |
| 5.500% due 09/18/2028  | 13400 | 16463 |
| 5.625% due 02/22/2036  | 32350 | 36316 |
| 5.625% due 05/30/2037  | 98100 | 108917 |
| 5.875% due 07/11/2032  | 300000 | 356972 |
| 6.250% due 09/10/2034  | 131300 | 156229 |
| 6.375% due 09/18/2033  | 43500 | 52818 |
| **Russia Government International Bond**  |  |  |
| 5.100% due 03/28/2035  | $5600 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.250% due 06/23/2047  | 560200 | 0 |
| 5.625% due 04/04/2042  | 405400 | 283780 |
| 5.875% due 09/16/2043  | 124400 | 85145 |
| **Saudi Government International Bond**  |  |  |
| 3.375% due 03/05/2032  | 39300 | 46144 |
| 3.750% due 03/05/2037  | 68700 | 78914 |
| 5.125% due 01/13/2028  | $31600 | 32135 |
| **Turkiye Government International Bond**  |  |  |
| 5.250% due 03/13/2030  | 258921 | 246841 |
| 6.125% due 10/24/2028  | 76500 | 76856 |
| 7.625% due 04/26/2029  | 253315 | 265539 |
| 47.469% due 09/06/2028 ~  | 577600 | 13931 |
| 49.053% due 05/20/2026 «~  | 72900 | 1839 |
| 49.053% due 08/19/2026 «~  | 52700 | 1329 |
| 49.053% due 05/17/2028 «~  | 12055300 | 293679 |
| **Turkiye Ihracat Kredi Bankasi AS** <br>6.875% due 07/03/2028 | $18400 | 18437 |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2030 (i)  | 971 | 469 |
| 0.000% due 02/01/2034 (i)  | 3627 | 1407 |
| 0.000% due 02/01/2035 (i)  | 3065 | 1456 |
| 0.000% due 02/01/2036 (i)  | 2555 | 1207 |
| 1.750% due 02/01/2034  | 4646 | 2416 |
| 1.750% due 02/01/2035  | 6423 | 3295 |
| 1.750% due 02/01/2036  | 6702 | 3351 |
| **Venezuela Government International Bond**  |  |  |
| 7.000% due 03/31/2038 ^(e)  | 8428 | 1488 |
| 7.650% due 04/21/2035 ^(e)  | 40703 | 6618 |
| 9.250% due 09/15/2027 ^(e)  | 60703 | 12368 |
| 9.250% due 05/07/2028 ^(e)  | 75546 | 13394 |
| 11.750% due 10/21/2026 ^(e)  | 6260 | 1265 |
| 11.950% due 08/05/2031 ^(e)  | 64700 | 12016 |
| Total Sovereign Issues (Cost $14,251,927) |  | 14871905 |
|  | SHARES |  |
| **COMMON STOCKS 0.2%**  |  |  |
| **CONSUMER STAPLES 0.0%**  |  |  |
| **Dreamwell Ltd. «(f)(l)** | 1460 | 11 |
| **SSB Manufacturing Co. «(f)(l)** | 1460 | 0 |
|  |  | 11 |
| **FINANCIALS 0.2%**  |  |  |
| **Intelsat Emergence SA «(l)** | 7981591 | 275339 |
| **MNSN Holdings, Inc. «(f)(l)** | 438 | 2 |
| **UBS Group AG** | 245819 | 8318 |
|  |  | 283659 |
| **HEALTH CARE 0.0%**  |  |  |
| **NVHL SA 'A' «(f)(l)** | 8220 | 6 |
| **NVHL SA 'B' «(f)(l)** | 8220 | 6 |
| **NVHL SA 'C' «(f)(l)** | 8220 | 6 |
| **NVHL SA 'D' «(f)(l)** | 8220 | 6 |
| **NVHL SA 'E' «(f)(l)** | 8220 | 5 |
| **NVHL SA 'F' «(f)(l)** | 8220 | 5 |
| **NVHL SA 'G' «(f)(l)** | 8220 | 5 |
| **NVHL SA 'H' «(f)(l)** | 8220 | 5 |
| **NVHL SA 'I' «(f)(l)** | 8220 | 5 |
| **NVHL SA 'J' «(f)(l)** | 8220 | 5 |
|  |  | 54 |
| **INDUSTRIALS 0.0%**  |  |  |
| **Drillco Holding Lux SA «(l)** | 39510 | 810 |
| **Foresea Holdings SA «** | 230111 | 4717 |
| **Westmoreland Mining Holdings «(f)(l)** | 143733 | 90 |
| **Westmoreland Mining LLC «(f)(l)** | 452949 | 1062 |
|  |  | 6679 |
| Total Common Stocks (Cost $679,231) |  | 290403 |
| **WARRANTS 0.0%**  |  |  |
| **COMMUNICATION SERVICES 0.0%**  |  |  |
| **Windstream - Exp. 04/08/2060 «** | 1017805 | 19951 |
| **ENERGY 0.0%**  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(l)** | 3 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **FINANCIALS 0.0%**  |  |  |
| **Intelsat Emergence SA - Exp. 02/17/2027 «** | 183119 | 375 |
| Total Warrants (Cost $51,635) |  | 20326 |
| **PREFERRED SECURITIES 0.3%**  |  |  |
| **BANKING & FINANCE 0.3%**  |  |  |
| **ADLER Group SA** «(f) | 520871 | 0 |
| **AGFC Capital Trust**<br>6.268% (US0003M + 1.750%) due 01/15/2067 «~ | 105720000 | 73907 |
| **Brighthouse Holdings LLC**<br>6.500% due 07/27/2037 þ(k) | 5245000 | 4708 |
| **Cooperatieve Rabobank UA**<br>6.500% due 12/29/2049 þ(k) | 274054225 | 368424 |
| **Encina Private Credit LLC** « | 24670 | 0 |
| **Nationwide Building Society**<br>10.250% «~ | 895621 | 159855 |
|  |  | 606894 |
| **INDUSTRIALS 0.0%**  |  |  |
| **SVB Financial Trust**<br>11.000% due 11/07/2032 | 500 | 265 |
| Total Preferred Securities (Cost $592,610) |  | 607159 |
| **REAL ESTATE INVESTMENT TRUSTS 0.2%**  |  |  |
| **REAL ESTATE 0.2%**  |  |  |
| **Uniti Group, Inc.** | 1130016 | 4882 |
| **VICI Properties, Inc.** | 11625222 | 378982 |
| Total Real Estate Investment Trusts (Cost $155,661) |  | 383864 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 0.5%**  |  |  |
| **REPURCHASE AGREEMENTS (m) 0.1%**<br>|  | 165764 |
| **SHORT-TERM NOTES 0.0%**  |  |  |
| **Pagaya AI Debt Trust**<br>4.858% due 06/15/2026 | 30600 | 30610 |
| **NIGERIA TREASURY BILLS 0.2%**  |  |  |
| 31.678% due 06/11/2026 - 06/29/2026 (g)(h) | 879080451 | 462542 |
| **U.S. TREASURY BILLS 0.2%**  |  |  |
| 4.328% due 07/10/2025 - 10/21/2025 (g)(h)(p)(r) | $308330 | 306488 |
| Total Short-Term Instruments (Cost $938,943) |  | 965404 |
| Total Investments in Securities (Cost $284,844,548) |  | 279027619 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 11.4%**  |  |  |
| **COMMON STOCKS 0.2%**  |  |  |
| **AFFILIATED INVESTMENTS 0.2%**  |  |  |
| **Communication Services 0.1%** |  |  |
| **Clear Channel Outdoor Holdings, Inc. (f)** | 50862666 | 59509 |
| **iHeartMedia, Inc. 'A' (f)** | 9028024 | 15890 |
| **iHeartMedia, Inc. 'B' «(f)** | 12214441 | 18918 |
|  |  | 94317 |
| **Health Care 0.1%** |  |  |
| **Amsurg Equity «(f)(l)** | 5968052 | 269438 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Industrials** **0.0%** |  |  |
| **Sierra Hamilton Holder LLC «(f)(l)** | 15369768 | 1 |
| **Utilities 0.1%** |  |  |
| **Windstream Services LLC «(f)** | 5118377 | 100329 |
|  |  | 464085 |
| Total Common Stocks (Cost $968,698) |  | 464085 |
| **SHORT-TERM INSTRUMENTS 11.2%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 11.2%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 2166956400 | 21099654 |
| Total Short-Term Instruments (Cost $21,093,171) |  | 21099654 |
| Total Investments in Affiliates (Cost $22,061,869) |  | 21563739 |
| Total Investments 159.7% (Cost $306,906,417) |  | $300591358 |
| **Financial Derivative Instruments (o)(q) (0.5)**%(Cost or Premiums, net $1,952,389) |  | (928858) |
| Other Assets and Liabilities, net (59.2)% |  | (111443541) |
| Net Assets 100.0% |  | $188218959 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 146 | 185 | 230 | 231 |
| <br> **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | <br> **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | <br> **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | <br> **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | <br> **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | <br> **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** |
| **(c)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(d)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(e)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(f)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(g)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(h)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(i)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(j)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(k)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(l)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Acquisition<br>Date | Cost | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Amsurg Equity | Amsurg Equity | 11/02/2023 - 11/06/2023 | 249375 | 269438 | 0.14 |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | 06/10/2022 | 0 | 0 | 0.00 |
| Deloitte LLP 5.250% due 01/30/2030 | Deloitte LLP 5.250% due 01/30/2030 | 10/30/2024 | 37300 | 37786 | 0.02 |
| Deloitte LLP 5.410% due 01/30/2032 | Deloitte LLP 5.410% due 01/30/2032 | 10/30/2024 | 36700 | 36984 | 0.02 |
| Dreamwell Ltd. | Dreamwell Ltd. | 04/24/2024 | 2431 | 11 | 0.00 |
| Drillco Holding Lux SA | Drillco Holding Lux SA | 06/08/2023 | 790 | 810 | 0.00 |
| Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | 03/11/2025 | 18500 | 18610 | 0.01 |
| Hardwood Funding LLC 4.980% due 06/07/2030 | Hardwood Funding LLC 4.980% due 06/07/2030 | 03/11/2025 | 12000 | 12121 | 0.01 |
| Intelsat Emergence SA | Intelsat Emergence SA | 06/19/2017 - 02/23/2024 | 612233 | 275339 | 0.15 |
| MNSN Holdings, Inc. | MNSN Holdings, Inc. | 03/10/2023 | 4 | 2 | 0.00 |
| National Football League 5.480% due 10/05/2028 | National Football League 5.480% due 10/05/2028 | 03/14/2024 | 76800 | 78154 | 0.04 |
| NVHL SA 'A' | NVHL SA 'A' | 03/09/2012 | 0 | 6 | 0.00 |
| NVHL SA 'B' | NVHL SA 'B' | 03/09/2012 | 0 | 6 | 0.00 |
| NVHL SA 'C' | NVHL SA 'C' | 03/09/2012 | 0 | 6 | 0.00 |
| NVHL SA 'D' | NVHL SA 'D' | 03/09/2012 | 0 | 6 | 0.00 |
| NVHL SA 'E' | NVHL SA 'E' | 03/09/2012 | 0 | 5 | 0.00 |
| NVHL SA 'F' | NVHL SA 'F' | 03/09/2012 | 0 | 5 | 0.00 |
| NVHL SA 'G' | NVHL SA 'G' | 03/09/2012 | 0 | 5 | 0.00 |
| NVHL SA 'H' | NVHL SA 'H' | 03/09/2012 | 0 | 5 | 0.00 |
| NVHL SA 'I' | NVHL SA 'I' | 03/09/2012 | 0 | 5 | 0.00 |
| NVHL SA 'J' | NVHL SA 'J' | 03/09/2012 | 0 | 5 | 0.00 |
| Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | 03/18/2025 | 60600 | 60600 | 0.03 |
| Prime Property Fund LLC 5.250% due 09/30/2029 | Prime Property Fund LLC 5.250% due 09/30/2029 | 09/17/2024 | 34500 | 34471 | 0.02 |
| Prime Property Fund LLC 5.440% due 09/30/2031 | Prime Property Fund LLC 5.440% due 09/30/2031 | 09/17/2024 | 34500 | 34390 | 0.02 |
| Project Alpha Investindustrial 4.256% due 02/27/2026 | Project Alpha Investindustrial 4.256% due 02/27/2026 | 02/28/2025 | 34800 | 39517 | 0.02 |
| Ripon Investments Financing Ltd. 0.000% due 08/29/2025 | Ripon Investments Financing Ltd. 0.000% due 08/29/2025 | 01/11/2023 | 878 | 992 | 0.00 |
| Sierra Hamilton Holder LLC | Sierra Hamilton Holder LLC | 07/31/2017 | 3896 | 1 | 0.00 |
| SSB Manufacturing Co. | SSB Manufacturing Co. | 06/29/2023 | 2432 | 0 | 0.00 |
| TIB Diversified Payment Rights Finance Co.7.962% due 11/15/2034 | TIB Diversified Payment Rights Finance Co.7.962% due 11/15/2034 | 09/18/2024 | 60100 | 60114 | 0.03 |
| VB DPR Finance Co.6.833% due 03/15/2035 | VB DPR Finance Co.6.833% due 03/15/2035 | 01/31/2025 | 52500 | 51472 | 0.03 |
| Westmoreland Mining Holdings | Westmoreland Mining Holdings | 12/08/2014 - 03/26/2019 | 4033 | 90 | 0.00 |
| Westmoreland Mining LLC | Westmoreland Mining LLC | 06/30/2023 - 02/03/2025 | 1885 | 1062 | 0.00 |
|  |  | $ | $ | 0.54%  | 0.54%  |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 25 | 49 | 83 | 84 | 107 | 108 | 109 | 128 | 133 | 161 | 174 | 182 | 193 | 211 | 221 | 228 | 238 |
| **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS** **AND OTHER FINANCING TRANSACTIONS** |
| **(m)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BAR | 07/03/2025 | 165764 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | &nbsp;&nbsp; Barclays Bank PLC 4.500% due 01/08/2026 | $(169399) | (169399) | (169399) | 165764 | 165764 | $ | $165764 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  |  |  |  |  | $**(169399)** | **(169399)** | **(169399)** | **165764** | **165764** | **$** | $**165764** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Settlement Date | Settlement Date | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BAR | BAR | 0.000%  | 0.000%  | 06/26/2025 | 06/26/2025 | 06/26/2025 | 06/26/2025 | 07/17/2025 | 07/17/2025 | 07/17/2025 | $(165765) | (165765) | (165765) | (165765) | $(165765) | (165765) | (165765) |
| MEI | MEI | 3.000  | 3.000  | 06/23/2025 | 06/23/2025 | 06/23/2025 | 06/23/2025 | 08/01/2025 | 08/01/2025 | 08/01/2025 | (570) | (570) | (570) | (570) | (571) | (571) | (571) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  |  |  |  |  | $**(166336)** | **(166336)** | **(166336)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Description | Coupon | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% | U.S. Government Agencies (0.2)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 1.500% | 1.500% | 07/01/2055 | $ | 32175 | 32175 | $ | (23390) | (23390) | $ | $(24196) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 07/01/2040 |  | 300 | 300 |  | (270) | (270) |  | (274) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 07/01/2055 |  | 23549 | 23549 |  | (18427) | (18427) |  | (18648) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 08/01/2055 |  | 151 | 151 |  | (119) | (119) |  | (119) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 2.500 | 08/01/2055 |  | 210150 | 210150 |  | (172876) | (172876) |  | (174307) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.500 | 4.500 | 07/01/2040 |  | 108300 | 108300 |  | (106506) | (106506) |  | (107626) |
| **Total Short Sales (0.2)%** | **Total Short Sales (0.2)%** | **Total Short Sales (0.2)%** | **Total Short Sales (0.2)%** | **Total Short Sales (0.2)%** | **Total Short Sales (0.2)%** | **Total Short Sales (0.2)%** |  |  |  |  |  |  | **$** | **(321588)** | **(321588)** | **$** | $**(325170)** |
| **(n)** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $182,906 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(151257) at a weighted average interest rate of 0.007%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(o)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1994 | 1994 | 1994 | (419) | (419) | (419) | $ | (405) | (405) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1994 | 1994 | 1994 | (510) | (510) | (510) |  | (592) | (592) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 786 | 786 | 786 | (173) | (173) | (173) |  | (167) | (167) |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 786 | 786 | 786 | (143) | (143) | (143) |  | (102) | (102) |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 523 | 523 | 523 | (239) | (239) | (239) |  | (209) | (209) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 523 | 523 | 523 | (277) | (277) | (277) |  | (86) | (86) |
|  |  |  |  |  |  |  |  |  |  |  | $ | $(1761) | (1761) | (1761) | $ | $(1561) | (1561) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1977 | 1977 | 1977 | (656) | (656) | (656) | $ | (62) | (62) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1975 | 1975 | 1975 | (769) | (769) | (769) |  | (62) | (62) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1989 | 1989 | 1989 | (650) | (650) | (650) |  | (124) | (124) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 2011 | 2011 | 2011 | (500) | (500) | (500) |  | (251) | (251) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 3964 | 3964 | 3964 | (1450) | (1450) | (1450) |  | (2106) | (2106) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 2011 | 2011 | 2011 | (626) | (626) | (626) |  | (880) | (880) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1977 | 1977 | 1977 | (677) | (677) | (677) |  | (1483) | (1483) |
|  |  |  |  |  |  |  |  |  |  |  | $ | $(5328) | (5328) | (5328) | $ | $(4968) | (4968) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(7089)** | **(7089)** | **(7089)** | **$** | $**(6529)** | **(6529)** |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 6 | 24 | 36 | 41 | 60 | 69 | 86 | 103 | 145 | 168 | 178 | 195 | 206 | 219 | 238 |
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 4655 | $ | 351158 | $2879 | 2879 | 2879 | 0 | 0 | 0 | (1623) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 14033 |  | 2919193 | 11449 | 11449 | 11449 | 767 | 767 | 767 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 298440 |  | 32529960 | 355692 | 355692 | 355692 | 39636 | 39636 | 39636 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 239477 |  | 26851359 | 443048 | 443048 | 443048 | 74837 | 74837 | 74837 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 13372 |  | 1527960 | 28639 | 28639 | 28639 | 6477 | 6477 | 6477 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 5679 |  | 676511 | 24737 | 24737 | 24737 | 7631 | 7631 | 7631 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 102478 |  | 13086195 | 303928 | 303928 | 303928 | 14067 | 14067 | 14067 | (45013) |
|  |  |  |  |  |  |  |  |  | 1170372 | 1170372 | $ | 143415 | 143415 | $ | (46636) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2026 | 03/2026 | 2667 | $ | (642280) | $10102 | 10102 | 10102 | 0 | 0 | 0 | (133) |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2025 | 09/2025 | 17383 |  | (4157362) | 44235 | 44235 | 44235 | 326 | 326 | 326 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2026 | 06/2026 | 2497 |  | (603026) | 7620 | 7620 | 7620 | 0 | 0 | 0 | (187) |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2025 | 12/2025 | 2038 |  | (489069) | 9420 | 9420 | 9420 | 0 | 0 | 0 | (25) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 12200 |  | (1691179) | 4923 | 4923 | 4923 | 3593 | 3593 | 3593 | (1150) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 20806 |  | (3189774) | 18562 | 18562 | 18562 | 9068 | 9068 | 9068 | (735) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 09/2025 | 76 |  | (9601) | 17 | 17 | 17 | 8 | 8 | 8 | (3) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 57086 |  | (6591649) | (238825) | (238825) | (238825) | 0 | 0 | 0 | (57086) |
|  |  |  |  |  |  |  |  |  | (143946) | (143946) | $ | 12995 | 12995 | $ | (59319) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **1026426** | **1026426** | **$** | **156410** | **156410** | **$** | **(105955)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>(Pay) Rate | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| Ford Motor Co.  | (5.000)% | 06/20/2026 | 0.799 | 0.799 | $ | $5800 | 5800 | $(317) | 75 | $(242) | (242) | (242) | $0 | 0 | $(1) |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Fixed <br>Receive Rate | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| Airbus Finance BV  | 1.000% | 06/20/2028 | 0.227 | 0.227 | EUR | 25700 | 25700 | $167 | 525 | $692 | 692 | 692 | $8 | 8 | $0 |
| AT&T, Inc.  | 1.000 | 12/20/2025 | 0.241 | 0.241 | $ | $2400 | 2400 | 31 | (22) | 9 | 9 | 9 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | 06/20/2026 | 0.303 | 0.303 |  | 5700 | 5700 | 88 | (48) | 40 | 40 | 40 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | 06/20/2028 | 0.431 | 0.431 |  | 23900 | 23900 | (48) | 439 | 391 | 391 | 391 | 5 | 5 | 0 |
| Boeing Co.  | 1.000 | 12/20/2029 | 0.685 | 0.685 |  | 1000 | 1000 | (8) | 21 | 13 | 13 | 13 | 0 | 0 | 0 |
| Boeing Co.  | 1.000 | 06/20/2030 | 0.742 | 0.742 |  | 37600 | 37600 | 69 | 381 | 450 | 450 | 450 | 23 | 23 | 0 |
| Ford Motor Co.  | 5.000 | 06/20/2026 | 0.807 | 0.807 |  | 6700 | 6700 | 744 | (465) | 279 | 279 | 279 | 2 | 2 | 0 |
| Ford Motor Co.  | 5.000 | 12/20/2026 | 0.996 | 0.996 |  | 8800 | 8800 | 1089 | (571) | 518 | 518 | 518 | 0 | 0 | (3) |
| Ford Motor Co.  | 5.000 | 06/20/2027 | 1.088 | 1.088 |  | 16700 | 16700 | 1581 | (320) | 1261 | 1261 | 1261 | 8 | 8 | 0 |
| Ford Motor Credit Co. LLC  | 5.000 | 12/20/2025 | 0.506 | 0.506 |  | 20000 | 20000 | 903 | (448) | 455 | 455 | 455 | 4 | 4 | 0 |
| Ford Motor Credit Co. LLC  | 5.000 | 06/20/2027 | 1.100 | 1.100 |  | 47500 | 47500 | 4865 | (1289) | 3576 | 3576 | 3576 | 11 | 11 | 0 |
| General Electric Co.  | 1.000 | 06/20/2026 | 0.089 | 0.089 |  | 44800 | 44800 | 471 | (65) | 406 | 406 | 406 | 0 | 0 | (1) |
| General Electric Co.  | 1.000 | 12/20/2026 | 0.107 | 0.107 |  | 8900 | 8900 | 99 | 18 | 117 | 117 | 117 | 0 | 0 | (1) |
| Rolls-Royce PLC  | 1.000 | 12/20/2025 | 0.107 | 0.107 | EUR | 34900 | 34900 | 207 | (19) | 188 | 188 | 188 | 2 | 2 | 0 |
| Rolls-Royce PLC  | 1.000 | 06/20/2026 | 0.136 | 0.136 |  | 55200 | 55200 | (1884) | 2451 | 567 | 567 | 567 | 6 | 6 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 6 | 13 | 15 | 18 | 21 | 24 | 34 | 37 | 55 | 59 | 65 | 69 | 105 | 123 | 138 | 161 | 195 | 208 | 224 | 240 |
| Rolls-Royce PLC  | Rolls-Royce PLC  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.179 | 0.179 |  |  | 244400 | (10378) |  | 13938 |  | 3560 | 0 |  | (23) |
| Rolls-Royce PLC  | Rolls-Royce PLC  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.200 | 0.200 |  |  | 28700 | (2120) |  | 2659 |  | 539 | 3 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.277 | 0.277 |  | $ | $13300 | 302 |  | (206) |  | 96 | 2 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.312 | 0.312 |  |  | 62700 | 1390 |  | (750) |  | 640 | 0 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.329 | 0.329 |  |  | 6600 | 0 |  | 87 |  | 87 | 2 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.416 | 0.416 |  |  | 51600 | (104) |  | 971 |  | 867 | 17 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 0.462 | 0.462 |  |  | 10000 | (46) |  | 225 |  | 179 | 2 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2582) | (2582) | 17512 | 17512 | 14930 | 95 | 95 | (28) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Asset |  | Liability |
| CDX.IG-35 5-Year Index  | CDX.IG-35 5-Year Index  | CDX.IG-35 5-Year Index  | (1.000)% | (1.000)% | (1.000)% | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | $ | $ | $205800 | 205800 | (1977) | $ | 1021 | $ | (956) | 0 | $ | (9) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Asset |  | Liability |
| CDX.EM-34 5-Year Index  | CDX.EM-34 5-Year Index  | CDX.EM-34 5-Year Index  | 1.000% | 1.000% | 1.000% | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | $ | $ | $217028 | 217028 | (25440) | $ | 26168 | $ | 728 | 341 | $ | 0 |
| CDX.EM-35 5-Year Index  | CDX.EM-35 5-Year Index  | CDX.EM-35 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 |  |  | 1472 | 1472 | (48) |  | 56 |  | 8 | 2 |  | 0 |
| CDX.EM-36 5-Year Index  | CDX.EM-36 5-Year Index  | CDX.EM-36 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 |  |  | 1050548 | 1050548 | (42180) |  | 48158 |  | 5978 | 1844 |  | 0 |
| CDX.EM-37 5-Year Index  | CDX.EM-37 5-Year Index  | CDX.EM-37 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 |  |  | 18081 | 18081 | (1487) |  | 1560 |  | 73 | 34 |  | 0 |
| CDX.EM-38 5-Year Index  | CDX.EM-38 5-Year Index  | CDX.EM-38 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 |  |  | 103850 | 103850 | (8556) |  | 8821 |  | 265 | 205 |  | 0 |
| CDX.EM-39 5-Year Index  | CDX.EM-39 5-Year Index  | CDX.EM-39 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 |  |  | 20100 | 20100 | (1363) |  | 1368 |  | 5 | 39 |  | 0 |
| CDX.EM-40 5-Year Index  | CDX.EM-40 5-Year Index  | CDX.EM-40 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 |  |  | 324300 | 324300 | (17949) |  | 16561 |  | (1388) | 703 |  | 0 |
| CDX.EM-41 5-Year Index  | CDX.EM-41 5-Year Index  | CDX.EM-41 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 |  |  | 112200 | 112200 | (3866) |  | 2819 |  | (1047) | 242 |  | 0 |
| CDX.EM-42 5-Year Index  | CDX.EM-42 5-Year Index  | CDX.EM-42 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 |  |  | 152600 | 152600 | (4431) |  | 2165 |  | (2266) | 291 |  | 0 |
| CDX.EM-43 5-Year Index  | CDX.EM-43 5-Year Index  | CDX.EM-43 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  |  | 107100 | 107100 | (3852) |  | 1230 |  | (2622) | 227 |  | 0 |
| CDX.HY-35 5-Year Index  | CDX.HY-35 5-Year Index  | CDX.HY-35 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 |  |  | 12710 | 12710 | 1217 |  | (985) |  | 232 | 12 |  | 0 |
| CDX.HY-36 5-Year Index  | CDX.HY-36 5-Year Index  | CDX.HY-36 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 |  |  | 713856 | 713856 | 17256 |  | 7476 |  | 24732 | 881 |  | 0 |
| CDX.HY-37 5-Year Index  | CDX.HY-37 5-Year Index  | CDX.HY-37 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 |  |  | 292992 | 292992 | 7110 |  | 7903 |  | 15013 | 504 |  | 0 |
| CDX.HY-38 5-Year Index  | CDX.HY-38 5-Year Index  | CDX.HY-38 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 |  |  | 55997 | 55997 | 84 |  | 3178 |  | 3262 | 109 |  | 0 |
| CDX.HY-39 5-Year Index  | CDX.HY-39 5-Year Index  | CDX.HY-39 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 |  |  | 52050 | 52050 | (630) |  | 4074 |  | 3444 | 127 |  | 0 |
| CDX.HY-40 5-Year Index  | CDX.HY-40 5-Year Index  | CDX.HY-40 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 |  |  | 26558 | 26558 | 0 |  | 1868 |  | 1868 | 69 |  | 0 |
| CDX.HY-41 5-Year Index  | CDX.HY-41 5-Year Index  | CDX.HY-41 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 |  |  | 9306 | 9306 | 115 |  | 586 |  | 701 | 24 |  | 0 |
| CDX.HY-42 5-Year Index  | CDX.HY-42 5-Year Index  | CDX.HY-42 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 |  |  | 13205 | 13205 | 700 |  | 338 |  | 1038 | 37 |  | 0 |
| CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | CDX.HY-43 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 |  |  | 1494760 | 1494760 | 106993 |  | 4954 |  | 111947 | 4910 |  | 0 |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  |  | 3981700 | 3981700 | 193957 |  | 111636 |  | 305593 | 13997 |  | 0 |
| CDX.IG-37 5-Year Index  | CDX.IG-37 5-Year Index  | CDX.IG-37 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 |  |  | 2800 | 2800 | 62 |  | (29) |  | 33 | 0 |  | 0 |
| CDX.IG-38 5-Year Index  | CDX.IG-38 5-Year Index  | CDX.IG-38 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 |  |  | 14660 | 14660 | 7 |  | 214 |  | 221 | 3 |  | 0 |
| CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 |  |  | 4400 | 4400 | (1) |  | 77 |  | 76 | 1 |  | 0 |
| CDX.IG-40 5-Year Index  | CDX.IG-40 5-Year Index  | CDX.IG-40 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 |  |  | 20100 | 20100 | 162 |  | 253 |  | 415 | 5 |  | 0 |
| CDX.IG-41 5-Year Index  | CDX.IG-41 5-Year Index  | CDX.IG-41 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 |  |  | 23500 | 23500 | 281 |  | 236 |  | 517 | 8 |  | 0 |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 |  |  | 525000 | 525000 | 11547 |  | 436 |  | 11983 | 261 |  | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  |  | 4023700 | 4023700 | 70494 |  | 19851 |  | 90345 | 2225 |  | 0 |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | EUR | EUR | 1178000 | 1178000 | 26303 |  | 3703 |  | 30006 | 1170 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 326485 | $ | 274675 | $ | 601160 | 28271 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | 3.500% | Annual | 03/19/2030 | 03/19/2030 | GBP | GBP | 5011400 | $(60438) | (60438) | $(1879) | (1879) | (62317) | $0 | 0 | $(277) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 0.750 | 0.750 | 0.750 | Annual | 09/21/2032 | 09/21/2032 |  |  | 556500 | 46561 | 46561 | 122204 | 122204 | 168765 | 287 | 287 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.700 | 3.700 | 3.700 | Annual | 03/28/2034 | 03/28/2034 |  |  | 47000 | (200) | (200) | 1322 | 1322 | 1122 | 16 | 16 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | 3.500 | Annual | 03/19/2035 | 03/19/2035 |  |  | 269700 | 16765 | 16765 | (1608) | (1608) | 15157 | 146 | 146 | 0 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 0.750 | 0.750 | 0.750 | Annual | 09/21/2052 | 09/21/2052 |  |  | 500150 | (1189) | (1189) | 425221 | 425221 | 424032 | 1202 | 1202 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.750 | Annual | 03/19/2055 | 3700 | 443 | 159 | 602 | 12 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Semi-Annual | 09/20/2026 | 155370000 | (15083) | 25946 | 10863 | 152 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.176 | Annual | 04/27/2027 | 45730000 | (2247) | (1002) | (3249) | 0 | (68) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.020 | Semi-Annual | 09/20/2028 | 275310000 | 859 | 56649 | 57508 | 1117 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Semi-Annual | 03/15/2029 | 1037000000 | 10945 | 237674 | 248619 | 5111 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.700 | Annual | 09/18/2029 | 487930000 | 6321 | 8905 | 15226 | 2853 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.400 | Annual | 06/15/2032 | 93523200 | 560 | 26565 | 27125 | 1082 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 09/18/2034 | 251200000 | 14320 | 2739 | 17059 | 3728 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1.250 | Annual | 06/18/2035 | 41566000 | (8641) | 7803 | (838) | 768 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.500 | Annual | 03/15/2042 | 45656000 | 44542 | 12869 | 57411 | 1418 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.711 | Annual | 04/27/2042 | 11112000 | 4659 | 7015 | 11674 | 353 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.620 | Annual | 07/24/2025 | $1798800 | 13491 | 24311 | 37802 | 122 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.600 | Annual | 01/16/2026 | 1948100 | 24790 | 27115 | 51905 | 224 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.300 | Annual | 01/17/2026 | 1401600 | 301 | 27446 | 27747 | 127 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 06/20/2026 | 6228000 | 46405 | (40219) | 6186 | 798 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/21/2026 | 233830 | 3897 | (2996) | 901 | 0 | (17) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.590 | Annual | 07/23/2026 | 1277500 | 17566 | 24701 | 42267 | 0 | (74) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.645 | Annual | 07/24/2026 | 1955700 | 27967 | 34465 | 62432 | 0 | (119) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.243 | Annual | 08/07/2026 | 605500 | 8174 | 15435 | 23609 | 0 | (38) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 12/20/2026 | 262500 | 360 | (1130) | (770) | 0 | (68) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.380 | Semi-Annual | 01/04/2027 | 415700 | (35297) | 18062 | (17235) | 67 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.570 | Semi-Annual | 01/11/2027 | 246000 | (19628) | 10407 | (9221) | 58 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.570 | Semi-Annual | 01/12/2027 | 152500 | (12177) | 6512 | (5665) | 36 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.425 | Semi-Annual | 01/18/2027 | 287000 | (24222) | 12821 | (11401) | 32 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.443 | Semi-Annual | 01/18/2027 | 69300 | (5818) | 3098 | (2720) | 12 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.418 | Semi-Annual | 01/20/2027 | 146200 | (12381) | 6545 | (5836) | 17 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.550 | Semi-Annual | 01/20/2027 | 956100 | (91992) | 56283 | (35709) | 113 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.600 | Semi-Annual | 02/15/2027 | 218900 | (17689) | 9867 | (7822) | 62 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.580 | Semi-Annual | 02/16/2027 | 301850 | (29094) | 18229 | (10865) | 85 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.928 | Annual | 03/25/2027 | 324900 | (20928) | 9937 | (10991) | 86 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.788 | Annual | 05/03/2027 | 230500 | (16197) | 8169 | (8028) | 67 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 05/13/2027 | 4602700 | 6299 | 4553 | 10852 | 2093 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | 06/15/2027 | 1353910 | 60418 | 5132 | 65550 | 0 | (503) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2027 | 1141300 | 83500 | (44713) | 38787 | 0 | (427) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.250 | Annual | 06/17/2027 | 475000 | (21295) | 9733 | (11562) | 162 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.370 | Annual | 06/21/2027 | 326200 | (17356) | 10252 | (7104) | 114 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.605 | Annual | 06/28/2027 | 323400 | (10029) | (2600) | (12629) | 115 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.880 | Annual | 09/30/2027 | 832600 | (31564) | 10880 | (20684) | 364 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.900 | Annual | 10/04/2027 | 1290000 | (24936) | (6082) | (31018) | 570 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.550 | Semi-Annual | 12/18/2027 | 467500 | (343) | 35687 | 35344 | 0 | (201) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2027 | 386810 | 27642 | (9724) | 17918 | 0 | (219) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.800 | Annual | 03/10/2028 | 197000 | (907) | 2504 | 1597 | 139 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.638 | Annual | 05/31/2028 | 8700 | 0 | (52) | (52) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 05/31/2028 | 17500 | 0 | (113) | (113) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.807 | Annual | 05/31/2028 | 6300 | 0 | (68) | (68) | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2028 | 2000 | (7) | (12) | (19) | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2028 | 4886285 | 34553 | 12888 | 47441 | 3919 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/21/2028 | 1844111 | 49187 | (41058) | 8129 | 0 | (1493) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.700 | Annual | 07/21/2028 | 165400 | (8264) | 1759 | (6505) | 136 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.675 | Annual | 07/24/2028 | 168000 | (8579) | 1830 | (6749) | 139 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.748 | Annual | 07/25/2028 | 253100 | (12159) | 2712 | (9447) | 210 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.468 | Annual | 07/27/2028 | 164800 | (9863) | 1986 | (7877) | 135 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.800 | Annual | 09/05/2028 | 291300 | (1056) | 2695 | 1639 | 273 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.510 | Annual | 11/30/2028 | 101680 | 0 | 166 | 166 | 0 | (103) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.515 | Annual | 11/30/2028 | 152270 | 0 | 225 | 225 | 0 | (155) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/20/2028 | 1157596 | 5177 | (14691) | (9514) | 0 | (1219) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.518 | Semi-Annual | 01/20/2029 | 86750 | (8272) | 1845 | (6427) | 65 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.630 | Semi-Annual | 01/20/2029 | 120300 | (13896) | 5490 | (8406) | 91 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.630 | Semi-Annual | 01/26/2029 | 144450 | (16714) | 6683 | (10031) | 128 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.940 | Annual | 02/22/2029 | 310100 | (744) | 6086 | 5342 | 355 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.970 | Annual | 02/27/2029 | 105000 | (247) | 2185 | 1938 | 121 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.300 | Annual | 02/28/2029 | 444540 | (586) | 3620 | 3034 | 0 | (468) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 03/20/2029 | 429370 | (13903) | 1242 | (12661) | 0 | (490) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Annual | 06/15/2029 | 931450 | 67824 | 15615 | 83439 | 0 | (989) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2029 | 4021540 | 218355 | 29314 | 247669 | 0 | (4515) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2029 | 7592290 | (21879) | (77632) | (99511) | 0 | (9542) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 07/12/2029 | 611000 | 3603 | (8595) | (4992) | 746 | 0 |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 11/30/2029 | 3523991 | (4308) | (32624) | (36932) | 0 | (5201) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2029 | 10590940 | (117413) | 3583 | (113830) | 0 | (15427) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2029 | 1833235 | 180095 | (50303) | 129792 | 0 | (2367) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | 03/04/2030 | 298600 | (586) | (4432) | (5018) | 0 | (467) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2030 | 3164010 | 134190 | (65153) | 69037 | 0 | (4798) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2030 | 193090 | 1129 | 442 | 1571 | 0 | (319) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 06/21/2030 | 5206670 | 64926 | 36408 | 101334 | 0 | (8522) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/22/2030 | 335900 | (6539) | 7690 | 1151 | 565 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.650 | Semi-Annual | 07/15/2030 | 1390000 | 4653 | 200252 | 204905 | 0 | (1922) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.711 | Semi-Annual | 07/28/2030 | 129300 | 25490 | (6876) | 18614 | 0 | (182) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.678 | Semi-Annual | 07/29/2030 | 122100 | 24301 | (6536) | 17765 | 0 | (171) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.674 | Semi-Annual | 08/05/2030 | 119100 | 23799 | (6455) | 17344 | 0 | (153) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.800 | Annual | 08/22/2030 | 47200 | (103) | 585 | 482 | 84 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.685 | Semi-Annual | 09/24/2030 | 150000 | 30405 | (8897) | 21508 | 0 | (219) |

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------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.725 | Semi-Annual | 09/25/2030 | 150000 | 30062 | (8879) | 21183 | 0 | (221) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.610 | Semi-Annual | 10/01/2030 | 150000 | 31144 | (7362) | 23782 | 0 | (218) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.545 | Annual | 10/31/2030 | 61554 | 0 | 65 | 65 | 0 | (113) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.547 | Annual | 10/31/2030 | 152700 | 0 | 150 | 150 | 0 | (280) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.550 | Annual | 10/31/2030 | 123500 | 0 | 97 | 97 | 0 | (227) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.572 | Annual | 10/31/2030 | 120900 | 0 | (53) | (53) | 0 | (222) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.582 | Annual | 10/31/2030 | 219000 | 0 | (208) | (208) | 0 | (402) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.595 | Annual | 10/31/2030 | 164600 | 0 | (279) | (279) | 0 | (303) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.601 | Annual | 10/31/2030 | 287200 | 0 | (579) | (579) | 0 | (528) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.602 | Annual | 10/31/2030 | 268800 | 0 | (565) | (565) | 0 | (495) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.606 | Annual | 10/31/2030 | 123000 | 0 | (285) | (285) | 0 | (226) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.623 | Annual | 10/31/2030 | 121200 | 0 | (395) | (395) | 0 | (223) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.664 | Annual | 10/31/2030 | 79200 | 0 | (435) | (435) | 0 | (146) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.677 | Annual | 10/31/2030 | 63600 | 0 | (395) | (395) | 0 | (117) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.687 | Annual | 10/31/2030 | 102100 | 0 | (692) | (692) | 0 | (189) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.689 | Annual | 10/31/2030 | 183100 | 0 | (1262) | (1262) | 0 | (338) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.691 | Annual | 10/31/2030 | 127100 | 0 | (890) | (890) | 0 | (235) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.721 | Annual | 10/31/2030 | 79200 | 0 | (687) | (687) | 0 | (147) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.722 | Annual | 10/31/2030 | 79700 | 0 | (694) | (694) | 0 | (148) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.727 | Annual | 10/31/2030 | 79700 | 0 | (716) | (716) | 0 | (148) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.732 | Annual | 10/31/2030 | 50200 | 0 | (465) | (465) | 0 | (93) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | 10/31/2030 | 79700 | 0 | (753) | (753) | 0 | (148) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.739 | Annual | 10/31/2030 | 79400 | 0 | (767) | (767) | 0 | (147) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.749 | Annual | 10/31/2030 | 79700 | 0 | (814) | (814) | 0 | (148) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Semi-Annual | 12/16/2030 | 219500 | 41566 | (11593) | 29973 | 0 | (345) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.700 | Semi-Annual | 12/18/2030 | 757500 | 27068 | 87496 | 114564 | 0 | (1192) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/20/2030 | 3023360 | 59184 | (52757) | 6427 | 0 | (5705) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 03/20/2031 | 473880 | (21722) | 2634 | (19088) | 0 | (968) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.328 | Annual | 04/30/2031 | 103800 | 0 | 958 | 958 | 0 | (207) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.431 | Annual | 04/30/2031 | 173510 | 0 | 575 | 575 | 0 | (354) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.550 | Annual | 05/13/2031 | 3309700 | (279) | 10385 | 10106 | 6747 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.750 | Semi-Annual | 06/16/2031 | 243400 | 11752 | 27719 | 39471 | 0 | (433) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2031 | 6260230 | 69407 | 21398 | 90805 | 13239 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2031 | 4540220 | (19339) | (48131) | (67470) | 0 | (9715) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.300 | Annual | 06/30/2031 | 318670 | 22 | 5114 | 5136 | 0 | (661) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.370 | Semi-Annual | 07/19/2031 | 54100 | 9691 | (2502) | 7189 | 0 | (93) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.360 | Semi-Annual | 07/20/2031 | 178300 | 32057 | (8258) | 23799 | 0 | (306) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2031 | 737500 | 1053 | (9145) | (8092) | 0 | (1740) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.735 | Semi-Annual | 01/12/2032 | 42350 | (378) | (4762) | (5140) | 89 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.655 | Semi-Annual | 01/24/2032 | 144550 | (2262) | (16004) | (18266) | 305 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.650 | Annual | 02/08/2032 | 182700 | (27818) | 5887 | (21931) | 395 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.770 | Annual | 02/14/2032 | 127720 | (18423) | 4044 | (14379) | 279 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.000 | Semi-Annual | 02/18/2032 | 262800 | (29548) | 2207 | (27341) | 573 | 0 |

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------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.730 | Annual | 02/24/2032 | 172450 | (25414) | 5636 | (19778) | 377 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2032 | 2456150 | 97137 | (50632) | 46505 | 0 | (5919) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1.872 | Annual | 04/06/2032 | 324550 | (45166) | 11192 | (33974) | 731 | 0 |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 3553440 | (3570) | (50762) | (54332) | 0 | (9202) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.900 | Semi-Annual | 05/18/2032 | 5143500 | (37783) | 650016 | 612233 | 0 | (11616) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.250 | Annual | 06/15/2032 | 44875 | 8386 | (2034) | 6352 | 0 | (101) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2032 | 413273 | 62250 | (16381) | 45869 | 0 | (967) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2032 | 293700 | 3783 | 1326 | 5109 | 0 | (742) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 07/12/2032 | 651050 | (535) | (8875) | (9410) | 1709 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2032 | 2041770 | 202158 | 32977 | 235135 | 0 | (5333) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 05/22/2033 | 7665070 | 44541 | 3029 | 47570 | 0 | (23108) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 06/06/2033 | 5784570 | (256973) | 210977 | (45996) | 0 | (17737) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.300 | Annual | 06/14/2033 | 340200 | (14842) | 8110 | (6732) | 1024 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 06/21/2033 | 1192605 | 80322 | (31392) | 48930 | 0 | (3587) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/21/2033 | 223900 | (6237) | 4945 | (1292) | 684 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.650 | Annual | 07/10/2033 | 117200 | (1886) | 1167 | (719) | 363 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 07/12/2033 | 112600 | (914) | 1131 | 217 | 351 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.730 | Annual | 08/03/2033 | 59500 | (584) | 665 | 81 | 187 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | 08/07/2033 | 64000 | (604) | 720 | 116 | 201 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.760 | Annual | 08/23/2033 | 188900 | (1410) | 2252 | 842 | 599 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.800 | Annual | 08/30/2033 | 95000 | (404) | 1157 | 753 | 303 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 08/30/2033 | 239500 | 911 | 2885 | 3796 | 767 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.950 | Annual | 09/13/2033 | 282100 | 2212 | 3530 | 5742 | 911 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.165 | Annual | 09/27/2033 | 222000 | 5616 | 2772 | 8388 | 730 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.155 | Annual | 10/02/2033 | 159000 | 3897 | 2005 | 5902 | 524 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.170 | Annual | 10/03/2033 | 157500 | 4054 | 1983 | 6037 | 519 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.030 | Annual | 10/04/2033 | 200700 | 2883 | 2595 | 5478 | 657 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.175 | Annual | 10/10/2033 | 93700 | 2454 | 1190 | 3644 | 310 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.150 | Annual | 10/12/2033 | 97400 | 2352 | 1255 | 3607 | 322 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.200 | Annual | 10/18/2033 | 78200 | 2210 | 999 | 3209 | 260 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.220 | Annual | 10/20/2033 | 98300 | 2940 | 1256 | 4196 | 327 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.230 | Annual | 10/23/2033 | 49200 | 1513 | 628 | 2141 | 164 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.255 | Annual | 10/23/2033 | 49200 | 1613 | 625 | 2238 | 164 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.393 | Annual | 10/25/2033 | 46000 | 2026 | 567 | 2593 | 155 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.450 | Annual | 10/31/2033 | 56700 | (207) | 3667 | 3460 | 192 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.435 | Annual | 11/01/2033 | 52000 | (212) | 3325 | 3113 | 176 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.450 | Annual | 11/01/2033 | 100800 | (423) | 6576 | 6153 | 341 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 11/22/2033 | 103100 | (469) | (4237) | (4706) | 0 | (348) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.030 | Annual | 12/15/2033 | 103200 | (450) | (2518) | (2968) | 0 | (347) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.950 | Annual | 12/19/2033 | 102600 | (431) | (1882) | (2313) | 0 | (344) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/20/2033 | 890960 | (27654) | 16244 | (11410) | 2926 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | 12/26/2033 | 51800 | (220) | (512) | (732) | 0 | (173) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.854 | Annual | 12/29/2033 | 105100 | (451) | (1141) | (1592) | 0 | (352) |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 01/02/2034 | 51600 | (223) | (140) | (363) | 0 | (172) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.810 | Annual | 01/02/2034 | 51600 | (223) | (382) | (605) | 0 | (173) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.684 | Annual | 01/03/2034 | 51600 | (236) | 139 | (97) | 0 | (172) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.648 | Annual | 01/08/2034 | 103600 | (471) | 567 | 96 | 0 | (345) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.670 | Annual | 01/08/2034 | 105300 | (495) | 407 | (88) | 0 | (351) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.594 | Annual | 01/09/2034 | 105000 | 0 | 534 | 534 | 0 | (348) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.600 | Annual | 01/17/2034 | 100400 | (459) | 914 | 455 | 0 | (334) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | 01/23/2034 | 52100 | (217) | 534 | 317 | 175 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.738 | Annual | 01/23/2034 | 31300 | (131) | 329 | 198 | 105 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 01/24/2034 | 52000 | (213) | 205 | (8) | 174 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.665 | Annual | 01/24/2034 | 103700 | (420) | 485 | 65 | 347 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.685 | Annual | 01/24/2034 | 104100 | (427) | 654 | 227 | 349 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 01/31/2034 | 51100 | (221) | 78 | (143) | 171 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.725 | Annual | 02/07/2034 | 51000 | (256) | 535 | 279 | 172 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.783 | Annual | 02/07/2034 | 41000 | (206) | 616 | 410 | 139 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.860 | Annual | 02/21/2034 | 207200 | (927) | 4272 | 3345 | 709 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.650 | Annual | 03/05/2034 | 106500 | (453) | 445 | (8) | 362 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 03/05/2034 | 53400 | (203) | 407 | 204 | 182 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.710 | Annual | 03/05/2034 | 105800 | (394) | 880 | 486 | 361 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 04/10/2034 | 107500 | (403) | 2523 | 2120 | 375 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 04/15/2034 | 52700 | (199) | 1240 | 1041 | 184 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.950 | Annual | 04/16/2034 | 106800 | (368) | 2894 | 2526 | 375 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.080 | Annual | 04/17/2034 | 107000 | (364) | 3974 | 3610 | 378 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.085 | Annual | 04/22/2034 | 107000 | (423) | 4077 | 3654 | 379 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.150 | Annual | 04/22/2034 | 108800 | (379) | 4643 | 4264 | 387 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.105 | Annual | 04/24/2034 | 219100 | (728) | 8555 | 7827 | 777 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.078 | Annual | 04/29/2034 | 106500 | (305) | 3891 | 3586 | 378 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.090 | Annual | 04/30/2034 | 319800 | (898) | 11967 | 11069 | 1134 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.130 | Annual | 05/03/2034 | 105800 | (286) | 4280 | 3994 | 377 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.200 | Annual | 05/06/2034 | 162700 | (529) | 7551 | 7022 | 583 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.080 | Annual | 06/05/2034 | 108900 | (440) | (3272) | (3712) | 0 | (391) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 | 1168910 | (31612) | 41564 | 9952 | 4184 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.994 | Annual | 07/02/2034 | 161600 | (493) | (2722) | (3215) | 0 | (582) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.060 | Annual | 07/02/2034 | 107000 | (349) | (2394) | (2743) | 0 | (387) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 07/10/2034 | 217900 | (665) | (1578) | (2243) | 0 | (781) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.885 | Annual | 07/12/2034 | 167900 | (571) | (1242) | (1813) | 0 | (603) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | 08/05/2034 | 109800 | (423) | (530) | (953) | 0 | (397) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.795 | Annual | 08/06/2034 | 109900 | (434) | (1) | (435) | 0 | (396) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.645 | Annual | 08/07/2034 | 109700 | (373) | 1360 | 987 | 0 | (392) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.715 | Annual | 08/07/2034 | 109900 | (437) | 759 | 322 | 0 | (394) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.679 | Annual | 08/13/2034 | 109300 | (402) | 1040 | 638 | 0 | (392) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.569 | Annual | 08/14/2034 | 109300 | (361) | 2033 | 1672 | 0 | (389) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.586 | Annual | 08/19/2034 | 165300 | (579) | 2837 | 2258 | 0 | (591) |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.595 | Annual | 08/19/2034 | 52600 | (187) | 865 | 678 | 0 | (188) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.532 | Annual | 08/20/2034 | 109400 | (388) | 2388 | 2000 | 0 | (390) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.550 | Annual | 08/21/2034 | 164600 | (593) | 3336 | 2743 | 0 | (587) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.558 | Annual | 08/21/2034 | 108700 | (370) | 2106 | 1736 | 0 | (388) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.613 | Annual | 08/22/2034 | 109200 | (390) | 1610 | 1220 | 0 | (391) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 08/28/2034 | 110200 | (408) | 2165 | 1757 | 0 | (394) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.565 | Annual | 08/28/2034 | 110200 | (397) | 2058 | 1661 | 0 | (394) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.599 | Annual | 08/28/2034 | 109900 | (396) | 1730 | 1334 | 0 | (394) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.600 | Annual | 08/28/2034 | 206700 | (845) | 3335 | 2490 | 0 | (741) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.605 | Annual | 08/28/2034 | 66600 | (265) | 1041 | 776 | 0 | (239) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.643 | Annual | 08/28/2034 | 109900 | (401) | 1316 | 915 | 0 | (395) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.470 | Annual | 09/04/2034 | 55300 | (209) | 1482 | 1273 | 0 | (197) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.514 | Annual | 09/04/2034 | 109500 | (415) | 2520 | 2105 | 0 | (392) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.525 | Annual | 09/04/2034 | 110100 | (413) | 2424 | 2011 | 0 | (394) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.408 | Annual | 09/05/2034 | 104200 | (412) | 3368 | 2956 | 0 | (370) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.410 | Annual | 09/05/2034 | 110300 | (436) | 3542 | 3106 | 0 | (392) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.232 | Annual | 09/10/2034 | 55100 | (264) | 2653 | 2389 | 0 | (194) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.240 | Annual | 09/16/2034 | 55500 | (254) | 2608 | 2354 | 0 | (196) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.278 | Annual | 09/16/2034 | 14600 | (64) | 635 | 571 | 0 | (52) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.280 | Annual | 09/16/2034 | 206500 | (893) | 8939 | 8046 | 0 | (731) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.231 | Annual | 09/18/2034 | 110600 | (393) | 5155 | 4762 | 0 | (391) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.248 | Annual | 09/18/2034 | 110000 | (395) | 4969 | 4574 | 0 | (389) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.450 | Annual | 10/11/2034 | 114400 | (416) | (2274) | (2690) | 412 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.375 | Annual | 10/15/2034 | 114500 | (408) | (3013) | (3421) | 411 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.385 | Annual | 10/17/2034 | 115300 | (392) | (2945) | (3337) | 415 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.395 | Annual | 10/17/2034 | 172400 | (578) | (4263) | (4841) | 620 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.400 | Annual | 10/17/2034 | 57600 | (193) | (1400) | (1593) | 207 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.446 | Annual | 10/23/2034 | 115200 | (323) | (2387) | (2710) | 417 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.463 | Annual | 10/23/2034 | 114400 | (340) | (2184) | (2524) | 414 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.481 | Annual | 10/29/2034 | 114500 | (358) | (1975) | (2333) | 416 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.465 | Annual | 10/30/2034 | 230500 | (744) | (4259) | (5003) | 836 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.485 | Annual | 10/30/2034 | 192200 | (629) | (3213) | (3842) | 698 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.495 | Annual | 10/30/2034 | 115800 | (371) | (1844) | (2215) | 421 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.455 | Annual | 11/01/2034 | 192200 | (639) | (3689) | (4328) | 697 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.470 | Annual | 11/01/2034 | 192200 | (639) | (3441) | (4080) | 698 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.435 | Annual | 11/05/2034 | 192700 | (694) | (3958) | (4652) | 699 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.535 | Annual | 11/06/2034 | 385500 | (1311) | (4665) | (5976) | 1407 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.860 | Annual | 11/14/2034 | 195000 | (760) | 3210 | 2450 | 727 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.793 | Annual | 11/19/2034 | 195100 | (868) | 2202 | 1334 | 726 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.855 | Annual | 11/19/2034 | 98100 | (440) | 1637 | 1197 | 366 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 | 26840 | 764 | (665) | 99 | 100 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2034 | 51300 | (273) | 122 | (151) | 0 | (199) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.015 | Annual | 12/30/2034 | 119400 | (382) | 3544 | 3162 | 455 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 67 | 105 | 138 | 170 | 208 | 240 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.933 | Annual | 01/06/2035 | 119100 | (378) | 2704 | 2326 | 454 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.840 | Annual | 01/08/2035 | 118900 | (312) | 1694 | 1382 | 450 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | 01/08/2035 | 59800 | (157) | 903 | 746 | 227 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.890 | Annual | 01/08/2035 | 99700 | (274) | 1859 | 1585 | 379 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.896 | Annual | 01/08/2035 | 119200 | (346) | 2302 | 1956 | 453 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 01/08/2035 | 118500 | (318) | 2303 | 1985 | 450 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 01/13/2035 | 209600 | (572) | 3724 | 3152 | 798 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.970 | Annual | 01/15/2035 | 59700 | (161) | 1518 | 1357 | 228 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.013 | Annual | 01/15/2035 | 182500 | (504) | 5326 | 4822 | 700 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.071 | Annual | 01/15/2035 | 119700 | (329) | 4084 | 3755 | 461 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 01/21/2035 | 60000 | (168) | 2200 | 2032 | 232 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 4.090 | Annual | 01/22/2035 | 119900 | (327) | 4288 | 3961 | 463 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.890 | Annual | 03/03/2035 | 60150 | (231) | (749) | (980) | 0 | (232) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.908 | Annual | 03/04/2035 | 120600 | (435) | (1713) | (2148) | 0 | (467) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 03/05/2035 | 60300 | (213) | (669) | (882) | 0 | (233) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | 03/05/2035 | 120600 | (420) | (1386) | (1806) | 0 | (466) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 | 119700 | (355) | (1759) | (2114) | 0 | (464) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 | 199600 | (569) | (4152) | (4721) | 0 | (779) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 | 241600 | (710) | (4084) | (4794) | 0 | (942) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 | 121100 | (351) | (1582) | (1933) | 0 | (471) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/07/2035 | 243100 | (1185) | 2404 | 1219 | 950 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 | 183360 | 4608 | 2119 | 6727 | 0 | (704) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.368 | Annual | 11/15/2049 | 51390 | 0 | 5214 | 5214 | 0 | (358) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.464 | Annual | 11/15/2049 | 68390 | 0 | 5870 | 5870 | 0 | (483) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.527 | Annual | 11/15/2049 | 27170 | 0 | 2050 | 2050 | 0 | (193) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.900 | Semi-Annual | 03/12/2050 | 1085000 | 7579 | 565953 | 573532 | 0 | (4495) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.950 | Semi-Annual | 12/11/2050 | 1343300 | 5165 | 708441 | 713606 | 0 | (5657) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.150 | Semi-Annual | 03/30/2051 | 3900 | 796 | 1182 | 1978 | 0 | (18) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.450 | Semi-Annual | 04/07/2051 | 66100 | 9153 | 21094 | 30247 | 0 | (326) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.250 | Semi-Annual | 06/16/2051 | 3516800 | 591007 | 1116718 | 1707725 | 0 | (16834) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.785 | Semi-Annual | 08/12/2051 | 89100 | 34101 | 1519 | 35620 | 0 | (458) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.000 | Semi-Annual | 06/15/2052 | 75000 | 39117 | 1227 | 40344 | 0 | (321) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 | 54400 | 18804 | 1194 | 19998 | 0 | (298) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.975 | Semi-Annual | 06/17/2052 | 97800 | 41087 | 11918 | 53005 | 0 | (416) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.025 | Semi-Annual | 06/22/2052 | 75000 | 38806 | 1188 | 39994 | 0 | (323) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.035 | Semi-Annual | 06/28/2052 | 48500 | 5217 | 20869 | 26086 | 0 | (209) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 1156093 | (2170) | (28290) | (30460) | 0 | (9654) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 12/21/2052 | 724700 | 175728 | 102256 | 277984 | 0 | (3988) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.080 | Annual | 02/23/2053 | 56400 | (6615) | (1786) | (8401) | 392 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.370 | Annual | 07/12/2053 | 77700 | (5123) | (3336) | (8459) | 567 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.550 | Annual | 07/21/2053 | 42100 | (8856) | (1908) | (10764) | 272 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.537 | Annual | 07/24/2053 | 41900 | (8910) | (1895) | (10805) | 270 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.508 | Annual | 07/25/2053 | 64400 | (14023) | (2915) | (16938) | 414 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 59 | 67 | 105 | 138 | 170 | 208 | 240 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.830 | Annual | 10/12/2053 |  | 31400 | 505 | (1187) | (682) | 245 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 10/16/2053 |  | 31800 | 794 | (1200) | (406) | 250 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 10/17/2053 |  | 30800 | 715 | (1162) | (447) | 242 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.300 | Annual | 11/15/2053 |  | 112780 | (612) | 13677 | 13065 | 0 | (849) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 03/05/2054 |  | 42500 | (364) | (2458) | (2822) | 323 | 0 |
| Pay | 1-Year BRL-CDI | 9.874 | Maturity | 01/02/2026 | BRL | 608600 | (896) | (5383) | (6279) | 0 | (1) |
| Pay | 1-Year BRL-CDI | 9.899 | Maturity | 01/02/2026 |  | 307400 | (426) | (2715) | (3141) | 0 | (1) |
| Pay | 1-Year BRL-CDI | 9.939 | Maturity | 01/02/2026 |  | 508300 | (614) | (4476) | (5090) | 0 | (1) |
| Pay | 1-Year BRL-CDI | 10.052 | Maturity | 01/02/2026 |  | 1282200 | (1118) | (11230) | (12348) | 0 | (2) |
| Pay | 1-Year BRL-CDI | 10.085 | Maturity | 01/02/2026 |  | 1272700 | (990) | (11129) | (12119) | 0 | (2) |
| Pay | 1-Year BRL-CDI | 10.105 | Maturity | 01/02/2026 |  | 1260600 | (945) | (11018) | (11963) | 0 | (2) |
| Pay | 1-Year BRL-CDI | 9.998 | Maturity | 01/04/2027 |  | 920300 | (1059) | (11794) | (12853) | 186 | 0 |
| Pay | 1-Year BRL-CDI | 10.037 | Maturity | 01/04/2027 |  | 227200 | (218) | (2905) | (3123) | 46 | 0 |
| Pay | 1-Year BRL-CDI | 10.041 | Maturity | 01/04/2027 |  | 1041400 | (1033) | (13323) | (14356) | 211 | 0 |
| Pay | 1-Year BRL-CDI | 10.072 | Maturity | 01/04/2027 |  | 759770 | 0 | (8866) | (8866) | 153 | 0 |
| Pay | 1-Year BRL-CDI | 10.090 | Maturity | 01/04/2027 |  | 1963600 | (1584) | (25068) | (26652) | 397 | 0 |
| Pay | 1-Year BRL-CDI | 10.098 | Maturity | 01/04/2027 |  | 2297450 | 0 | (26556) | (26556) | 464 | 0 |
| Pay | 1-Year BRL-CDI | 10.138 | Maturity | 01/04/2027 |  | 488500 | (298) | (6222) | (6520) | 99 | 0 |
| Pay | 1-Year BRL-CDI | 10.165 | Maturity | 01/04/2027 |  | 1164990 | 0 | (13142) | (13142) | 235 | 0 |
| Pay | 1-Year BRL-CDI | 10.170 | Maturity | 01/04/2027 |  | 1944090 | 0 | (21891) | (21891) | 392 | 0 |
| Pay | 1-Year BRL-CDI | 10.183 | Maturity | 01/04/2027 |  | 3492020 | 0 | (39111) | (39111) | 705 | 0 |
| Pay | 1-Year BRL-CDI | 10.203 | Maturity | 01/04/2027 |  | 2720760 | 0 | (30259) | (30259) | 549 | 0 |
| Pay | 1-Year BRL-CDI | 10.210 | Maturity | 01/04/2027 |  | 391960 | 0 | (4347) | (4347) | 79 | 0 |
| Pay | 1-Year BRL-CDI | 10.256 | Maturity | 01/04/2027 |  | 2718360 | 0 | (29638) | (29638) | 548 | 0 |
| Pay | 1-Year BRL-CDI | 10.328 | Maturity | 01/04/2027 |  | 2200950 | 0 | (23351) | (23351) | 444 | 0 |
| Pay | 1-Year BRL-CDI | 11.250 | Maturity | 01/04/2027 |  | 280100 | 205 | (3514) | (3309) | 57 | 0 |
| Pay | 1-Year BRL-CDI | 11.275 | Maturity | 01/04/2027 |  | 141400 | 125 | (1770) | (1645) | 29 | 0 |
| Pay | 1-Year BRL-CDI | 11.290 | Maturity | 01/04/2027 |  | 141500 | 138 | (1770) | (1632) | 29 | 0 |
| Pay | 1-Year BRL-CDI | 11.731 | Maturity | 01/04/2027 |  | 72600 | 265 | (880) | (615) | 15 | 0 |
| Pay | 1-Year BRL-CDI | 11.746 | Maturity | 01/04/2027 |  | 314300 | 1177 | (3807) | (2630) | 63 | 0 |
| Pay | 1-Year BRL-CDI | 11.901 | Maturity | 01/04/2027 |  | 750900 | 3511 | (8995) | (5484) | 151 | 0 |
| Pay | 1-Year BRL-CDI | 13.927 | Maturity | 01/04/2027 |  | 3372000 | 168 | (1926) | (1758) | 331 | 0 |
| Pay | 1-Year BRL-CDI | 14.009 | Maturity | 01/04/2027 |  | 2400700 | 0 | (558) | (558) | 478 | 0 |
| Pay | 1-Year BRL-CDI | 13.291 | Maturity | 01/02/2029 |  | 2208400 | (128) | 3519 | 3391 | 3237 | 0 |
| Pay | 1-Year BRL-CDI | 13.354 | Maturity | 01/02/2029 |  | 4406400 | 346 | 5081 | 5427 | 3989 | 0 |
| Pay | 3-Month AUD-BBR-BBSW | 4.000 | Semi-Annual | 09/18/2029 | AUD | 3312400 | 34171 | 3808 | 37979 | 0 | (712) |
| Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 |  | 5894200 | 80180 | 59726 | 139906 | 0 | (10996) |
| Pay | 3-Month EUR-EURIBOR | 2.770 | Annual | 04/16/2029 | EUR | 112300 | (182) | 3214 | 3032 | 0 | (112) |
| Pay | 3-Month EUR-EURIBOR | 2.860 | Annual | 04/24/2029 |  | 91600 | (138) | 2992 | 2854 | 0 | (93) |
| Pay | 3-Month EUR-EURIBOR | 2.780 | Annual | 05/02/2029 |  | 112700 | (163) | 3280 | 3117 | 0 | (118) |
| Pay | 3-Month EUR-EURIBOR | 2.827 | Annual | 05/06/2029 |  | 114400 | (175) | 3567 | 3392 | 0 | (119) |
| Pay | 3-Month EUR-EURIBOR | 2.950 | Annual | 06/12/2029 |  | 89800 | (155) | 3312 | 3157 | 0 | (100) |
| Receive | 3-Month EUR-EURIBOR | 2.700 | Annual | 08/13/2029 |  | 69000 | (104) | (2660) | (2764) | 77 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.650 | Annual | 08/14/2029 |  | 92500 | (126) | (3314) | (3440) | 103 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.300 | Annual | 09/25/2029 |  | 116300 | (197) | (1793) | (1990) | 114 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.400 | Annual | 04/09/2030 |  | 122000 | (249) | (740) | (989) | 132 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.350 | Annual | 04/29/2030 |  | 98600 | (185) | (378) | (563) | 112 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.770 | Annual | 04/29/2034 |  | 67700 | (191) | 1765 | 1574 | 0 | (129) |
| Receive | 3-Month EUR-EURIBOR | 2.590 | Annual | 08/19/2034 |  | 69400 | (183) | (1126) | (1309) | 139 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.580 | Annual | 08/29/2034 |  | 70000 | (195) | (1077) | (1272) | 137 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.390 | Annual | 10/01/2034 |  | 70100 | (188) | 399 | 211 | 134 | 0 |
| Pay | 3-Month EUR-EURIBOR | 2.380 | Annual | 12/31/2034 |  | 61000 | (161) | (145) | (306) | 0 | (133) |
| Receive | 3-Month EUR-EURIBOR | 2.510 | Annual | 04/09/2035 |  | 73200 | (256) | 826 | 570 | 149 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.520 | Annual | 04/09/2035 |  | 73300 | (280) | 773 | 493 | 150 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.550 | Annual | 04/16/2035 |  | 73700 | (275) | 528 | 253 | 152 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.530 | Annual | 04/23/2035 |  | 113100 | (444) | 1057 | 613 | 235 | 0 |
| Receive | 3-Month EUR-EURIBOR | 2.450 | Annual | 05/05/2035 |  | 73900 | (252) | 1294 | 1042 | 155 | 0 |
| Pay | 3-Month NZD-BBR | 4.750 | Semi-Annual | 06/19/2029 | NZD | 954400 | 5636 | 22905 | 28541 | 0 | (621) |
| Pay | 3-Month ZAR-JIBAR | 8.410 | Quarterly | 07/31/2028 | ZAR | 637200 | 586 | 846 | 1432 | 56 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 18 | 26 | 37 | 59 | 67 | 105 | 138 | 170 | 208 | 240 |
| Pay | 3-Month ZAR-JIBAR | 8.415 | Quarterly | 07/31/2028 |  | 525100 | 488 | 696 | 1184 | 47 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.420 | Quarterly | 07/31/2028 |  | 1964800 | 1848 | 2600 | 4448 | 174 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.428 | Quarterly | 07/31/2028 |  | 1328900 | 1271 | 1754 | 3025 | 118 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.426 | Quarterly | 08/01/2028 |  | 793900 | 754 | 1050 | 1804 | 71 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.460 | Quarterly | 08/01/2028 |  | 1339900 | 1368 | 1753 | 3121 | 119 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.460 | Quarterly | 08/02/2028 |  | 1358100 | 1386 | 1779 | 3165 | 121 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.464 | Quarterly | 08/02/2028 |  | 1383600 | 1424 | 1809 | 3233 | 123 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.550 | Quarterly | 08/03/2028 |  | 1353700 | 1635 | 1716 | 3351 | 121 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.380 | Quarterly | 08/04/2028 |  | 629400 | 537 | 845 | 1382 | 56 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.410 | Quarterly | 08/04/2028 |  | 1625100 | 1489 | 2161 | 3650 | 145 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.415 | Quarterly | 08/04/2028 |  | 663400 | 615 | 880 | 1495 | 59 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.421 | Quarterly | 08/04/2028 |  | 673900 | 633 | 893 | 1526 | 60 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.543 | Quarterly | 08/04/2028 |  | 674700 | 805 | 858 | 1663 | 60 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.360 | Quarterly | 08/07/2028 |  | 1354200 | 1094 | 1838 | 2932 | 121 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.400 | Quarterly | 08/07/2028 |  | 1402200 | 1250 | 1878 | 3128 | 126 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.410 | Quarterly | 08/07/2028 |  | 407700 | 372 | 544 | 916 | 36 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.000 | Quarterly | 01/03/2031 |  | 565500 | 5 | 854 | 859 | 110 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.001 | Quarterly | 01/06/2031 |  | 565500 | 0 | 857 | 857 | 109 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.010 | Quarterly | 01/07/2031 |  | 551100 | 0 | 848 | 848 | 107 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.030 | Quarterly | 01/07/2031 |  | 551100 | 0 | 878 | 878 | 107 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.053 | Quarterly | 01/07/2031 |  | 551100 | 0 | 911 | 911 | 107 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.058 | Quarterly | 01/07/2031 |  | 551100 | 0 | 919 | 919 | 107 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.063 | Quarterly | 01/08/2031 |  | 1707100 | 0 | 2865 | 2865 | 331 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.080 | Quarterly | 01/08/2031 |  | 758300 | 0 | 1308 | 1308 | 147 | 0 |
| Pay | 3-Month ZAR-JIBAR | 8.203 | Quarterly | 01/10/2031 |  | 2861600 | 0 | 5868 | 5868 | 559 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 2.750 | Semi-Annual | 06/17/2026 | AUD | 26340 | (732) | 594 | (138) | 1 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 3.000 | Semi-Annual | 03/21/2027 |  | 1525200 | (44781) | 34005 | (10776) | 813 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 09/20/2033 |  | 1665500 | (23460) | 67840 | 44380 | 0 | (1877) |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/20/2034 |  | 1291700 | (4830) | 38297 | 33467 | 0 | (1677) |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 09/18/2034 |  | 578500 | 7641 | 6922 | 14563 | 0 | (839) |
| Receive | 6-Month EUR-EURIBOR | 0.135 | Annual | 07/24/2025 | EUR | 375000 | 21877 | (15514) | 6363 | 35 | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.155 | Annual | 07/27/2025 |  | 600000 | 0 | 10371 | 10371 | 56 | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.230 | Annual | 07/29/2025 |  | 300000 | 18107 | (12655) | 5452 | 29 | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.329 | Annual | 12/30/2025 |  | 20500 | 1517 | (1189) | 328 | 2 | 0 |
| Pay | 6-Month EUR-EURIBOR | 0.700 | Annual | 04/11/2027 |  | 226800 | (22990) | 15999 | (6991) | 0 | (69) |
| Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 04/12/2027 |  | 96600 | (9973) | 6922 | (3051) | 0 | (29) |
| Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 05/11/2027 |  | 428500 | (45037) | 31617 | (13420) | 0 | (170) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/13/2027 |  | 491000 | (45034) | 33657 | (11377) | 0 | (192) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/18/2027 |  | 235750 | (21680) | 16154 | (5526) | 0 | (96) |
| Pay | 6-Month EUR-EURIBOR | 1.750 | Annual | 09/21/2027 |  | 721700 | (30289) | 30522 | 233 | 0 | (279) |
| Pay | 6-Month EUR-EURIBOR | 3.370 | Annual | 10/09/2028 |  | 126800 | 3508 | 5210 | 8718 | 0 | (108) |
| Pay | 6-Month EUR-EURIBOR | 3.450 | Annual | 10/20/2028 |  | 121000 | 3826 | 4975 | 8801 | 0 | (107) |
| Pay | 6-Month EUR-EURIBOR | 2.950 | Annual | 03/21/2029 |  | 9616100 | 25497 | 304284 | 329781 | 0 | (9022) |
| Receive | 6-Month EUR-EURIBOR | 2.360 | Annual | 10/07/2029 |  | 116900 | (219) | (2231) | (2450) | 118 | 0 |
| Receive | 6-Month EUR-EURIBOR | 2.280 | Annual | 03/04/2030 |  | 74900 | (102) | (11) | (113) | 81 | 0 |
| Pay | 6-Month EUR-EURIBOR | 2.950 | Annual | 03/20/2030 |  | 2341400 | 23882 | 65903 | 89785 | 0 | (2437) |
| Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 917869 | (12692) | 11085 | (1607) | 0 | (1006) |
| Pay | 6-Month EUR-EURIBOR | 2.547 | Annual | 03/09/2033 |  | 252900 | (6296) | 8056 | 1760 | 0 | (407) |
| Pay | 6-Month EUR-EURIBOR | 3.270 | Annual | 08/21/2033 |  | 68000 | 2684 | 3434 | 6118 | 0 | (124) |
| Pay | 6-Month EUR-EURIBOR | 3.300 | Annual | 10/03/2033 |  | 202700 | 8465 | 10248 | 18713 | 0 | (356) |
| Pay | 6-Month EUR-EURIBOR | 2.760 | Annual | 03/04/2034 |  | 68000 | (210) | 1757 | 1547 | 0 | (125) |
| Pay | 6-Month EUR-EURIBOR | 2.750 | Annual | 03/05/2034 |  | 69500 | (220) | 1743 | 1523 | 0 | (127) |
| Pay | 6-Month EUR-EURIBOR | 2.220 | Annual | 01/08/2035 |  | 73400 | (175) | (2596) | (2771) | 0 | (165) |
| Receive | 6-Month EUR-EURIBOR | 2.400 | Annual | 02/12/2035 |  | 74200 | (199) | 1602 | 1403 | 157 | 0 |
| Pay | 6-Month EUR-EURIBOR | 2.420 | Annual | 03/07/2035 |  | 72900 | (183) | (1036) | (1219) | 0 | (147) |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 4 | 18 | 26 | 37 | 59 | 67 | 103 | 105 | 136 | 138 | 168 | 170 | 206 | 208 | 238 | 240 |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.460 | Annual | 03/13/2035 |  | 115200 |  | (299) |  | (1189) |  | (1488) |  | 0 |  | (229) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.610 | Annual | 03/24/2035 |  | 73000 |  | (199) |  | 373 |  | 174 |  | 0 |  | (147) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.520 | Annual | 03/27/2035 |  | 73000 |  | (189) |  | (323) |  | (512) |  | 0 |  | (147) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.460 | Annual | 04/01/2035 |  | 72900 |  | (185) |  | (782) |  | (967) |  | 0 |  | (147) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 278250 |  | (7978) |  | (2671) |  | (10649) |  | 0 |  | (563) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.500 | Annual | 03/20/2050 |  | 62400 |  | (3236) |  | (560) |  | (3796) |  | 0 |  | (238) |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.250 | Annual | 06/17/2050 |  | 626000 |  | (58467) |  | 397601 |  | 339134 |  | 1844 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.500 | Annual | 06/17/2050 |  | 2557071 |  | 9381 |  | 1239049 |  | 1248430 |  | 7828 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 0.500 | Annual | 09/21/2052 |  | 400 |  | (190) |  | (17) |  | (207) |  | 0 |  | (1) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 0.830 | Annual | 12/09/2052 |  | 3771700 |  | 54146 |  | 385927 |  | 440073 |  | 1470 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 2537600 |  | 198036 |  | 112687 |  | 310723 |  | 9632 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 8.410 | Lunar | 12/11/2025 | MXN | 8240000 |  | (25) |  | 430 |  | 405 |  | 39 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 8.780 | Lunar | 12/15/2025 |  | 1750000 |  | (4) |  | 288 |  | 284 |  | 12 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 8.556 | Lunar | 12/18/2025 |  | 1337800 |  | (3) |  | 137 |  | 134 |  | 8 |  | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 9.328 | Lunar | 12/18/2025 |  | 2978000 |  | 5 |  | (960) |  | (955) |  | 0 |  | (21) |
| Receive | Receive | 28-Day MXN-TIIE | 8.103 | Lunar | 12/22/2025 |  | 1486300 |  | 5 |  | 35 |  | 40 |  | 0 |  | (8) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 28-Day MXN-TIIE | 8.410 | Lunar | 02/05/2026 |  | 8240000 |  | (10479) |  | 10852 |  | 373 |  | 10 |  | 0 |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 28-Day MXN-TIIE | 8.556 | Lunar | 07/27/2028 |  | 1337800 |  | (688) |  | 2090 |  | 1402 |  | 137 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 9.020 | Lunar | 12/17/2029 |  | 1164600 |  | 0 |  | 3292 |  | 3292 |  | 172 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 8.990 | Lunar | 12/18/2029 |  | 851700 |  | 0 |  | 2354 |  | 2354 |  | 125 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 9.135 | Lunar | 12/27/2029 |  | 1043200 |  | 0 |  | 3197 |  | 3197 |  | 155 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 9.150 | Lunar | 12/31/2029 |  | 1058100 |  | 0 |  | 3278 |  | 3278 |  | 158 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 9.108 | Lunar | 03/13/2030 |  | 4434100 |  | 0 |  | 13741 |  | 13741 |  | 704 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 28-Day MXN-TIIE | 9.328 | Lunar | 05/29/2031 |  | 2978000 |  | 0 |  | (9131) |  | (9131) |  | 0 |  | (548) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 28-Day MXN-TIIE | 8.780 | Lunar | 01/30/2034 |  | 1750000 |  | 129 |  | 2793 |  | 2922 |  | 402 |  | 0 |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 28-Day MXN-TIIE | 8.103 | Lunar | 01/04/2038 |  | 1486300 |  | 4285 |  | (1984) |  | 2301 |  | 0 |  | (442) |
| Pay | Pay | CAONREPO | 3.750 | Semi-Annual | 12/20/2025 | CAD | 2416000 |  | (10821) |  | 20923 |  | 10102 |  | 0 |  | (97) |
| Pay | Pay | CAONREPO | 2.625 | Semi-Annual | 03/19/2027 |  | 172700 |  | (4292) |  | 4596 |  | 304 |  | 0 |  | (18) |
| Pay | Pay | CAONREPO | 3.000 | Semi-Annual | 03/19/2027 |  | 376200 |  | (6203) |  | 8891 |  | 2688 |  | 0 |  | (36) |
| Pay | Pay | CAONREPO | 2.750 | Semi-Annual | 12/17/2027 |  | 132800 |  | (3112) |  | 3737 |  | 625 |  | 0 |  | (7) |
| Pay | Pay | CAONREPO | 3.400 | Semi-Annual | 06/20/2029 |  | 34700 |  | (109) |  | 930 |  | 821 |  | 12 |  | 0 |
| Receive | Receive | CAONREPO | 1.000 | Semi-Annual | 06/16/2047 |  | 14000 |  | 4098 |  | (411) |  | 3687 |  | 0 |  | (56) |
| Receive | Receive | CAONREPO | 1.300 | Semi-Annual | 06/16/2047 |  | 340700 |  | 89216 |  | (11391) |  | 77825 |  | 0 |  | (1153) |
| Pay | Pay | UKRPI | 4.000 | Maturity | 09/15/2031 | GBP | 105100 |  | (17065) |  | 2619 |  | (14446) |  | 563 |  | 0 |
| Pay | Pay | UKRPI | 4.055 | Maturity | 09/15/2031 |  | 97100 |  | (15050) |  | 2536 |  | (12514) |  | 521 |  | 0 |
| Pay | Pay | UKRPI | 4.066 | Maturity | 09/15/2031 |  | 188200 |  | (28892) |  | 4960 |  | (23932) |  | 1010 |  | 0 |
| Pay | Pay | UKRPI | 4.020 | Maturity | 10/15/2031 |  | 136900 |  | (21740) |  | 3583 |  | (18157) |  | 754 |  | 0 |
| Pay | Pay | UKRPI | 4.140 | Maturity | 10/15/2031 |  | 263700 |  | (37627) |  | 7590 |  | (30037) |  | 1456 |  | 0 |
| Pay | Pay | UKRPI | 4.400 | Maturity | 10/15/2031 |  | 119600 |  | (12820) |  | 4130 |  | (8690) |  | 664 |  | 0 |
| Pay | Pay | UKRPI | 4.250 | Maturity | 11/15/2031 |  | 267100 |  | (32869) |  | 8859 |  | (24010) |  | 1843 |  | 0 |
|  |  |  |  |  |  |  |  | $1825310 | 1825310 | $7446185 | 7446185 | $9271495 | 9271495 | $150179 | 150179 | $(269803) | (269803) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**2146919** | **2146919** | $**7739468** | **7739468** | $**9886387** | **9886387** | $**178545** | **178545** | $**(269841)** | **(269841)** |
| **(p)** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $5,135,416 and cash of $38,568 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. | Future styled option variation margin asset of $150 and liability of $(103) is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(7)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(q)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

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------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 110 | 152 | 167 | 222 |
| **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** | **FORWARD** **FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 2047687 | $284216 | 284216 | $0 | $(2156) |
|  | 07/2025  | 3499114 | 3975770 | 3975770 | 0 | (146013) |
|  | 07/2025  | $660708 | 901304 | 901304 | 1164 | 0 |
|  | 07/2025  | 3101623 | 2648967 | 2648967 | 18730 | 0 |
|  | 07/2025  | 7100211 | 5174326 | 5174326 | 2327 | 0 |
|  | 08/2025  | 899795 | $660708 | 660708 | 0 | (1181) |
|  | 08/2025  | 2967212 | 412731 | 412731 | 0 | (3350) |
|  | 08/2025  | 2648967 | 3108420 | 3108420 | 0 | (18741) |
|  | 08/2025  | 5174326 | 7101204 | 7101204 | 0 | (2368) |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 186278 | 33897 | 33897 | 0 | (389) |
|  | 07/2025  | 160514 | 44018 | 44018 | 0 | (1281) |
|  | 07/2025  | $81 | 125 | 125 | 1 | 0 |
|  | 07/2025  | 34135 | 186278 | 186278 | 151 | 0 |
|  | 07/2025  | 12644 | 11186 | 11186 | 533 | 0 |
|  | 07/2025  | 62854 | 1025455570 | 1025455570 | 377 | 0 |
|  | 07/2025  | 177 | 619 | 619 | 7 | 0 |
|  | 07/2025  | 161777 | 220532740 | 220532740 | 1344 | 0 |
|  | 07/2025  | 54646 | 195250 | 195250 | 458 | 0 |
|  | 07/2025  | 31572 | 40427 | 40427 | 224 | 0 |
|  | 07/2025  | 2960 | 87901 | 87901 | 67 | 0 |
|  | 08/2025  | 1593560 | $222749 | 222749 | 0 | (710) |
|  | 08/2025  | 40333 | 31572 | 31572 | 0 | (229) |
|  | 08/2025  | 42429 | 1301 | 1301 | 0 | (174) |
|  | 08/2025  | $33640 | 186278 | 186278 | 381 | 0 |
|  | 09/2025  | 8791451 | $9268 | 9268 | 0 | (167) |
|  | 09/2025  | 381954 | 104976 | 104976 | 0 | (2615) |
|  | 12/2025  | 196157 | 54646 | 54646 | 0 | (436) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 449172 | 82310 | 82310 | 0 | (364) |
|  | 07/2025  | 1113 | 809 | 809 | 0 | (9) |
|  | 07/2025  | 12778 | 10733 | 10733 | 0 | (319) |
|  | 07/2025  | 1274070 | $1446629 | 1446629 | 0 | (54162) |
|  | 07/2025  | 10892 | 12778 | 12778 | 101 | 0 |
|  | 07/2025  | 31734924 | $23400 | 23400 | 0 | (74) |
|  | 07/2025  | 194295 | 19202 | 19202 | 0 | (75) |
|  | 07/2025  | 48739 | 13189 | 13189 | 0 | (560) |
|  | 07/2025  | 319140 | 33239 | 33239 | 0 | (494) |
|  | 07/2025  | 87645 | 2652 | 2652 | 0 | (47) |
|  | 07/2025  | 9533876 | 293379 | 293379 | 0 | (34868) |
|  | 07/2025  | $80684 | 449172 | 449172 | 1989 | 0 |
|  | 07/2025  | 46746 | 40611 | 40611 | 1092 | 0 |
|  | 07/2025  | 140313 | 2289106138 | 2289106138 | 831 | 0 |
|  | 07/2025  | 13049 | 17875655 | 17875655 | 173 | 0 |
|  | 07/2025  | 11617 | 380486 | 380486 | 99 | 0 |
|  | 07/2025  | 67102 | 2741027 | 2741027 | 585 | 0 |
|  | 07/2025  | 56509 | 1680557 | 1680557 | 1324 | (1) |
|  | 08/2025  | 3099 | $2270 | 2270 | 0 | (9) |
|  | 08/2025  | 813907 | 113950 | 113950 | 0 | (181) |
|  | 08/2025  | 12778 | 10914 | 10914 | 0 | (101) |
|  | 08/2025  | 186240 | $255257 | 255257 | 0 | (423) |
|  | 08/2025  | 14902 | 4065 | 4065 | 0 | (138) |
|  | 08/2025  | 549017 | 57835 | 57835 | 0 | (319) |
|  | 08/2025  | 13754493 | 421245 | 421245 | 0 | (56916) |
|  | 08/2025  | $89458 | 7775706 | 7775706 | 1066 | 0 |
|  | 08/2025  | 460 | 66128 | 66128 | 1 | 0 |
|  | 08/2025  | 47825 | 1986440 | 1986440 | 562 | 0 |
|  | 08/2025  | 14649 | 479564 | 479564 | 2023 | 0 |
|  | 09/2025  | 415649 | $113562 | 113562 | 0 | (9919) |
|  | 09/2025  | 295905 | 81718 | 81718 | 0 | (1634) |
|  | 10/2025  | 6220955 | 1038885 | 1038885 | 0 | (80033) |
|  | 05/2026  | $28265 | 8614 | 8614 | 3 | (79) |
|  | 06/2026  | 20378 | 6224 | 6224 | 8 | (19) |
|  | 06/2027  | 9876 | 2996 | 2996 | 0 | (80) |
|  | 05/2029  | 42498 | $146100 | 146100 | 6383 | 0 |
|  | 07/2029  | 5643 | 19410 | 19410 | 844 | 0 |
|  | 05/2030  | 31578 | 108748 | 108748 | 4341 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1137270 | 207473 | 207473 | 0 | (1849) |
|  | 07/2025  | 330338 | 378242 | 378242 | 0 | (10880) |
|  | 07/2025  | 4860178 | 6562154 | 6562154 | 0 | (109168) |
|  | 07/2025  | 828365 | 237923 | 237923 | 0 | (8016) |
|  | 07/2025  | 12130966 | 8885 | 8885 | 0 | (87) |
|  | 07/2025  | 149313 | 14684 | 14684 | 0 | (130) |
|  | 07/2025  | 6294 | 3792 | 3792 | 0 | (44) |
|  | 07/2025  | 67874 | 18388 | 18388 | 0 | (760) |
|  | 07/2025  | 1556187 | 38121 | 38121 | 0 | (686) |
|  | 07/2025  | $200000 | 1137270 | 1137270 | 9323 | 0 |
|  | 07/2025  | 1077 | 1461 | 1461 | 0 | (4) |
|  | 07/2025  | 52120 | 45971 | 45971 | 2032 | 0 |
|  | 07/2025  | 224579 | 166669 | 166669 | 4199 | 0 |
|  | 07/2025  | 22 | 364719 | 364719 | 0 | 0 |
|  | 07/2025  | 117981 | 398330 | 398330 | 277 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 110 | 167 | 222 |
|  | 07/2025  | 6909 | 993636 | 0 | (9) |
|  | 07/2025  | 40598 | 55794961 | 672 | 0 |
|  | 07/2025  | 15845 | 59364 | 622 | 0 |
|  | 07/2025  | 734045 | 30112548 | 12783 | 0 |
|  | 07/2025  | 30559 | 551010 | 516 | 0 |
|  | 07/2025  | 713846 | $39383 | 0 | (875) |
|  | 08/2025  | 286193 | 360354 | 0 | (1839) |
|  | 08/2025  | 422916 | 496638 | 0 | (2623) |
|  | 08/2025  | 9516 | 2576 | 0 | (106) |
|  | 08/2025  | $118142 | 654748 | 1438 | 0 |
|  | 08/2025  | 1607 | 2647 | 8 | 0 |
|  | 08/2025  | 195081 | 8089831 | 2321 | 0 |
|  | 09/2025  | 41411 | $11352 | 0 | (311) |
|  | 09/2025  | $184 | 3508 | 1 | 0 |
|  | 09/2025  | 861 | 3115 | 16 | 0 |
|  | 11/2025  | 234591 | $63914 | 0 | (2057) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 16044 | 2443 | 0 | (90) |
|  | 07/2025  | 801647 | 216006 | 0 | (10190) |
|  | 07/2025  | $94829 | 339100 | 951 | (66) |
|  | 08/2025  | 358920 | $97563 | 0 | (3618) |
|  | 09/2025  | 246790 | 68121 | 0 | (1412) |
|  | 09/2025  | $8354 | 30310 | 183 | 0 |
|  | 10/2025  | 315800 | $85586 | 0 | (3297) |
|  | 11/2025  | 456206 | 123843 | 0 | (4450) |
|  | 12/2025  | 210837 | 57922 | 0 | (1326) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 816316 | 148098 | 0 | (2151) |
|  | 07/2025  | 1606326 | 1162022 | 0 | (17583) |
|  | 07/2025  | 94650 | 116300 | 0 | (2989) |
|  | 07/2025  | 650708 | 738593 | 0 | (27909) |
|  | 07/2025  | 195690 | 263871 | 0 | (4742) |
|  | 07/2025  | 1334248607 | 972690 | 0 | (14211) |
|  | 07/2025  | 704925 | 194162 | 65 | (4862) |
|  | 07/2025  | 4586277 | 137915 | 0 | (3306) |
|  | 07/2025  | 16378876 | 503439 | 0 | (60479) |
|  | 07/2025  | $147752 | 816316 | 2497 | 0 |
|  | 07/2025  | 116661 | 100619 | 1864 | 0 |
|  | 07/2025  | 131198 | 96427 | 1162 | 0 |
|  | 07/2025  | 59425 | 967701299 | 246 | 0 |
|  | 07/2025  | 324 | 46900 | 1 | 0 |
|  | 07/2025  | 193262 | 693760 | 2563 | 0 |
|  | 07/2025  | 2310 | 2969 | 25 | 0 |
|  | 07/2025  | 4025 | 162975 | 47 | 0 |
|  | 07/2025  | 946590 | 28171019 | 23327 | 0 |
|  | 08/2025  | 651928 | $90693 | 0 | (725) |
|  | 08/2025  | 761530 | 205087 | 0 | (9643) |
|  | 08/2025  | 20409328 | 626471 | 0 | (83039) |
|  | 08/2025  | $365368 | 2116078 | 21103 | 0 |
|  | 08/2025  | 375547 | 2719526 | 5801 | 0 |
|  | 08/2025  | 670044 | 57752330 | 2574 | (267) |
|  | 09/2025  | 6502577 | $6916 | 0 | (62) |
|  | 09/2025  | 89975 | 24135 | 0 | (2595) |
|  | 09/2025  | 780359 | 216781 | 0 | (2984) |
|  | 09/2025  | $7431 | 26558 | 47 | 0 |
|  | 10/2025  | 824673 | $224940 | 0 | (7132) |
|  | 10/2025  | $148098 | 835243 | 2131 | 0 |
|  | 11/2025  | 346583 | $94220 | 0 | (3231) |
|  | 12/2025  | 440462 | 119726 | 0 | (4010) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 967182 | 622821 | 0 | (13730) |
|  | 07/2025  | 402268 | 116063 | 0 | (3365) |
|  | 07/2025  | 14004377 | 10270 | 0 | (87) |
|  | 07/2025  | 6184 | 4801 | 0 | (63) |
|  | 07/2025  | $1896 | 12075 | 10 | 0 |
|  | 07/2025  | 9882 | 160883649 | 35 | 0 |
|  | 07/2025  | 38579 | 1146848 | 900 | 0 |
|  | 08/2025  | 612417 | $85691 | 0 | (186) |
|  | 08/2025  | 12046 | 1896 | 0 | (10) |
|  | 08/2025  | $310686 | 26809384 | 1428 | 0 |
|  | 09/2025  | 352376 | $96143 | 0 | (3119) |
|  | 09/2025  | $244793 | 4719517 | 4690 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 3414284 | $624765 | 0 | (3657) |
|  | 07/2025  | 1041639 | 144946 | 0 | (729) |
|  | 07/2025  | 313098668 | 2150994 | 0 | (23227) |
|  | 07/2025  | 373743 | 100653 | 0 | (4832) |
|  | 07/2025  | 27205 | 21156 | 0 | (239) |
|  | 07/2025  | $598100 | 3414284 | 30323 | 0 |
|  | 07/2025  | 2579 | 16412 | 12 | 0 |
|  | 07/2025  | 3821352 | 548203177 | 0 | (14518) |
|  | 07/2025  | 2225 | 7951 | 19 | 0 |
|  | 07/2025  | 110958 | 409212 | 2531 | 0 |
|  | 07/2025  | 26368 | 33627 | 78 | 0 |
|  | 08/2025  | 859052 | $120049 | 0 | (413) |
|  | 08/2025  | 16372 | 2579 | 0 | (12) |
|  | 08/2025  | 38711 | 30429 | 0 | (92) |
|  | 08/2025  | $91319 | 507009 | 1278 | 0 |
|  | 08/2025  | 250612 | 1811477 | 3404 | 0 |
|  | 08/2025  | 148429 | 12836517 | 1013 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 53 | 110 | 167 | 222 |
|  | 08/2025  | 2150994 | 311947241 | 23239 | 0 |
|  | 09/2025  | 241869 | 4710767 | 7151 | 0 |
|  | 09/2025  | 14366 | 52097 | 309 | 0 |
|  | 10/2025  | 182740 | $50000 | 0 | (1431) |
|  | 11/2025  | 173037 | 46822 | 0 | (1826) |
|  | 12/2025  | 7991 | 2225 | 0 | (19) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 8308500 | 1500000 | 0 | (29237) |
|  | 07/2025  | 541715 | 616230 | 0 | (21884) |
|  | 07/2025  | 1045 | 308 | 0 | (2) |
|  | 07/2025  | $1522512 | 8308500 | 6726 | 0 |
|  | 07/2025  | 14060 | 229102029 | 67 | 0 |
|  | 07/2025  | 10242 | 13055 | 26 | 0 |
|  | 07/2025  | 811 | 32665 | 5 | 0 |
|  | 07/2025  | 88348 | 2873474 | 10585 | 0 |
|  | 07/2025  | 80014 | 1447147 | 1600 | 0 |
|  | 08/2025  | 48677 | $66696 | 0 | (131) |
|  | 08/2025  | 13024 | 10242 | 0 | (27) |
|  | 08/2025  | $764 | 276595 | 50 | 0 |
|  | 08/2025  | 6923 | 227285 | 979 | 0 |
|  | 09/2025  | 390041 | $20325 | 0 | (294) |
|  | 09/2025  | $1500000 | 8436720 | 29108 | 0 |
|  | 10/2025  | 7130100 | $1171042 | 0 | (111396) |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $204852 | 152174 | 4030 | 0 |
|  | 07/2025  | 90 | 2668 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 5313281 | $973645 | 0 | (4301) |
|  | 07/2025  | 14310 | 17460 | 0 | (575) |
|  | 07/2025  | 1973505 | 273445 | 0 | (2552) |
|  | 07/2025  | 12433 | 1883 | 0 | (80) |
|  | 07/2025  | 1208544 | 1373491 | 0 | (50114) |
|  | 07/2025  | 2797284 | 3768966 | 0 | (70724) |
|  | 07/2025  | 61269 | 16965 | 0 | (1226) |
|  | 07/2025  | 52211328 | 38180 | 0 | (440) |
|  | 07/2025  | 932361 | 725847 | 0 | (7430) |
|  | 07/2025  | 9658926 | 297047 | 2 | (35506) |
|  | 07/2025  | $606652 | 925613 | 2540 | 0 |
|  | 07/2025  | 915253 | 5313281 | 62693 | 0 |
|  | 07/2025  | 2676 | 3673 | 21 | 0 |
|  | 07/2025  | 724 | 991387 | 9 | 0 |
|  | 07/2025  | 369511 | 1375898 | 12110 | 0 |
|  | 07/2025  | 21477 | 27499 | 150 | 0 |
|  | 07/2025  | 17963 | 730793 | 265 | 0 |
|  | 07/2025  | 162835 | 4835572 | 3654 | (2) |
|  | 07/2025  | 868790 | $48614 | 0 | (383) |
|  | 08/2025  | 925613 | 607032 | 0 | (2544) |
|  | 08/2025  | 2739227 | 380796 | 0 | (3315) |
|  | 08/2025  | 3296361 | 3873034 | 0 | (18387) |
|  | 08/2025  | 284679 | 389770 | 0 | (1051) |
|  | 08/2025  | 27436 | 21477 | 0 | (155) |
|  | 08/2025  | 9506527 | 291665 | 0 | (38820) |
|  | 08/2025  | $462689 | 2642003 | 19833 | 0 |
|  | 08/2025  | 100123 | 8681145 | 942 | 0 |
|  | 08/2025  | 27653 | 1139580 | 284 | 0 |
|  | 09/2025  | 300000 | 1751220 | 17399 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 946104 | $131285 | 0 | (1029) |
|  | 07/2025  | 411823 | 467550 | 0 | (17558) |
|  | 07/2025  | 1220288 | 1648413 | 0 | (26616) |
|  | 07/2025  | 124396 | 74198 | 0 | (1628) |
|  | 07/2025  | 2967 | 2317 | 0 | (16) |
|  | 07/2025  | 2302236 | 69559 | 0 | (1332) |
|  | 07/2025  | 4835786 | 148378 | 0 | (18116) |
|  | 07/2025  | $27113 | 41444 | 163 | 0 |
|  | 07/2025  | 4590 | 6222 | 0 | (21) |
|  | 07/2025  | 1522689 | 1314276 | 25463 | 0 |
|  | 07/2025  | 251503 | 185774 | 3500 | 0 |
|  | 07/2025  | 1026 | 8028 | 0 | (2) |
|  | 07/2025  | 32417 | 528181151 | 150 | 0 |
|  | 07/2025  | 539 | 1871 | 17 | 0 |
|  | 07/2025  | 167371 | 24046888 | 0 | (385) |
|  | 07/2025  | 6400 | 8737110 | 62 | 0 |
|  | 07/2025  | 3481 | 5777 | 41 | 0 |
|  | 07/2025  | 121786 | 456018 | 4709 | 0 |
|  | 07/2025  | 545514 | 705458 | 9310 | 0 |
|  | 07/2025  | 112625 | 3562765 | 10038 | 0 |
|  | 08/2025  | 1807214 | $251010 | 0 | (2409) |
|  | 08/2025  | 703838 | 545514 | 0 | (9427) |
|  | 08/2025  | 7184983 | 221628 | 0 | (28150) |
|  | 08/2025  | $2448 | 351725 | 3 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 956497 | $1084916 | 0 | (41791) |
|  | 07/2025  | 105288271 | 722382 | 0 | (8761) |
|  | 07/2025  | $1705 | 2333 | 8 | 0 |
|  | 07/2025  | 85722 | 12383747 | 273 | 0 |
|  | 07/2025  | 40744 | 410984 | 31 | 0 |
|  | 07/2025  | 580 | 2138 | 13 | 0 |
|  | 07/2025  | 15815 | 285971 | 313 | 0 |
|  | 08/2025  | 875600 | $122304 | 0 | (478) |
|  | 08/2025  | 24006 | 28195 | 0 | (144) |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 8 | 14 | 31 | 53 | 64 | 88 | 100 | 150 | 166 | 167 | 182 | 211 | 221 | 228 |
|  |  | 08/2025  | 08/2025  | 410909 | 410909 | 410909 |  | 40744 |  | 0 | 0 | 0 |  | (31) |
|  |  | 08/2025  | 08/2025  | $722382 | 722382 | 722382 | JPY | 104901216 |  | 8766 | 8766 | 8766 |  | 0 |
|  |  | 10/2025  | 10/2025  | 265800 | 265800 | 265800 | $ | 43710 |  | 0 | 0 | 0 |  | (4098) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $168225 | 168225 | 168225 | IDR | 2742064517 |  | 856 | 856 | 856 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RBC | &nbsp;&nbsp;&nbsp;&nbsp; RBC | 07/2025  | 07/2025  | 290274 | 290274 | 290274 | $ | 353938 |  | 0 | 0 | 0 |  | (11900) |
|  |  | 07/2025  | 07/2025  | $1039 | 1039 | 1039 | CAD | 1414 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 33805 | 33805 | 33805 | $ | 41192 |  | 0 | 0 | 0 |  | (1413) |
|  |  | 07/2025  | 07/2025  | 151961 | 151961 | 151961 |  | 204796 |  | 0 | 0 | 0 |  | (3793) |
|  |  | 07/2025  | 07/2025  | 6119 | 6119 | 6119 |  | 1765 |  | 0 | 0 | 0 |  | (52) |
|  |  | 07/2025  | 07/2025  | 1172921 | 1172921 | 1172921 |  | 8121 |  | 0 | 0 | 0 |  | (24) |
|  |  | 07/2025  | 07/2025  | 25237 | 25237 | 25237 |  | 15242 |  | 0 | 0 | 0 |  | (141) |
|  |  | 07/2025  | 07/2025  | 180264 | 180264 | 180264 |  | 48000 |  | 0 | 0 | 0 |  | (2852) |
|  |  | 07/2025  | 07/2025  | 318515 | 318515 | 318515 |  | 10938 |  | 0 | 0 | 0 |  | (28) |
|  |  | 07/2025  | 07/2025  | $1135 | 1135 | 1135 | EUR | 993 |  | 34 | 34 | 34 |  | 0 |
|  |  | 07/2025  | 07/2025  | 19469 | 19469 | 19469 | GBP | 14315 |  | 180 | 180 | 180 |  | 0 |
|  |  | 07/2025  | 07/2025  | 65389 | 65389 | 65389 | IDR | 1065480360 |  | 311 | 311 | 311 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1149 | 1149 | 1149 | NZD | 1906 |  | 13 | 13 | 13 |  | 0 |
|  |  | 07/2025  | 07/2025  | 108937 | 108937 | 108937 | SGD | 140507 |  | 1568 | 1568 | 1568 |  | 0 |
|  |  | 07/2025  | 07/2025  | 243018 | 243018 | 243018 | TWD | 7147027 |  | 3052 | 3052 | 3052 |  | 0 |
|  |  | 07/2025  | 07/2025  | 4296 | 4296 | 4296 | ZAR | 76335 |  | 9 | 9 | 9 |  | 0 |
|  |  | 08/2025  | 08/2025  | 42333 | 42333 | 42333 | $ | 53469 |  | 0 | 0 | 0 |  | (106) |
|  |  | 08/2025  | 08/2025  | 897380 | 897380 | 897380 |  | 125622 |  | 0 | 0 | 0 |  | (214) |
|  |  | 08/2025  | 08/2025  | 686027 | 686027 | 686027 |  | 805982 |  | 0 | 0 | 0 |  | (3888) |
|  |  | 08/2025  | 08/2025  | 140188 | 140188 | 140188 |  | 108937 |  | 0 | 0 | 0 |  | (1594) |
|  |  | 08/2025  | 08/2025  | 3950926 | 3950926 | 3950926 |  | 121080 |  | 0 | 0 | 0 |  | (16270) |
|  |  | 08/2025  | 08/2025  | $331434 | 331434 | 331434 | CNH | 2409988 |  | 6510 | 6510 | 6510 |  | 0 |
|  |  | 08/2025  | 08/2025  | 104746 | 104746 | 104746 | INR | 8992808 |  | 0 | 0 | 0 |  | (52) |
|  |  | 08/2025  | 08/2025  | 8121 | 8121 | 8121 | JPY | 1168601 |  | 24 | 24 | 24 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  | 134 | 134 | 134 | $ | 155 |  | 0 | 0 | 0 |  | (4) |
|  |  | 07/2025  | 07/2025  | 13344 | 13344 | 13344 | EUR | 15582 |  | 63 | 63 | 63 |  | 0 |
|  |  | 07/2025  | 07/2025  | 173775468 | 173775468 | 173775468 | $ | 1203848 |  | 0 | 0 | 0 |  | (2884) |
|  |  | 07/2025  | 07/2025  | $4262 | 4262 | 4262 | NOK | 42789 |  | 0 | 0 | 0 |  | (17) |
|  |  | 07/2025  | 07/2025  | 89984 | 89984 | 89984 | NZD | 148244 |  | 378 | 378 | 378 |  | 0 |
|  |  | 08/2025  | 08/2025  | 89953 | 89953 | 89953 | $ | 113514 |  | 0 | 0 | 0 |  | (326) |
|  |  | 08/2025  | 08/2025  | 614933 | 614933 | 614933 |  | 842500 |  | 0 | 0 | 0 |  | (1710) |
|  |  | 08/2025  | 08/2025  | 42781 | 42781 | 42781 |  | 4262 |  | 17 | 17 | 17 |  | 0 |
|  |  | 08/2025  | 08/2025  | 148244 | 148244 | 148244 |  | 90081 |  | 0 | 0 | 0 |  | (376) |
|  |  | 08/2025  | 08/2025  | $295400 | 295400 | 295400 | CNH | 2132381 |  | 3616 | 3616 | 3616 |  | 0 |
|  |  | 08/2025  | 08/2025  | 36 | 36 | 36 | HUF | 13055 |  | 2 | 2 | 2 |  | 0 |
|  |  | 08/2025  | 08/2025  | 601 | 601 | 601 | INR | 51800 |  | 2 | 2 | 2 |  | 0 |
|  |  | 08/2025  | 08/2025  | 1203848 | 1203848 | 1203848 | JPY | 173137790 |  | 2901 | 2901 | 2901 |  | 0 |
|  |  | 09/2025  | 09/2025  | 495 | 495 | 495 | $ | 26 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | $504067 | 504067 | 504067 | CAD | 687930 |  | 1114 | 1114 | 1114 |  | 0 |
|  |  | 07/2025  | 07/2025  | 3593816 | 3593816 | 3593816 | GBP | 2621886 |  | 5115 | 5115 | 5115 |  | 0 |
|  |  | 08/2025  | 08/2025  | 686776 | 686776 | 686776 | $ | 504067 |  | 0 | 0 | 0 |  | (1125) |
|  |  | 08/2025  | 08/2025  | 280825 | 280825 | 280825 |  | 329787 |  | 0 | 0 | 0 |  | (1733) |
|  |  | 08/2025  | 08/2025  | 2570453 | 2570453 | 2570453 |  | 3525052 |  | 0 | 0 | 0 |  | (3793) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 342544 | 342544 | 342544 |  | 461530 |  | 0 | 0 | 0 |  | (8662) |
|  |  | 07/2025  | 07/2025  | 12105936 | 12105936 | 12105936 |  | 8931 |  | 0 | 0 | 0 |  | (24) |
|  |  | 07/2025  | 07/2025  | 110149 | 110149 | 110149 |  | 10847 |  | 0 | 0 | 0 |  | (81) |
|  |  | 07/2025  | 07/2025  | 229925 | 229925 | 229925 |  | 23929 |  | 0 | 0 | 0 |  | (374) |
|  |  | 07/2025  | 07/2025  | 365567 | 365567 | 365567 |  | 11002 |  | 0 | 0 | 0 |  | (255) |
|  |  | 07/2025  | 07/2025  | $29586 | 29586 | 29586 | GBP | 21844 |  | 398 | 398 | 398 |  | 0 |
|  |  | 07/2025  | 07/2025  | 55825 | 55825 | 55825 | JPY | 8080210 |  | 286 | 286 | 286 |  | 0 |
|  |  | 07/2025  | 07/2025  | 8931 | 8931 | 8931 | KRW | 12111792 |  | 27 | 27 | 27 |  | 0 |
|  |  | 08/2025  | 08/2025  | 10164 | 10164 | 10164 | TRY | 452204 |  | 750 | 750 | 750 |  | 0 |
|  |  | 09/2025  | 09/2025  | 128283 | 128283 | 128283 | MXN | 2486730 |  | 3170 | 3170 | 3170 |  | 0 |
|  |  | 11/2025  | 11/2025  | 4012 | 4012 | 4012 | TRY | 189086 |  | 215 | 215 | 215 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**488955** | **488955** | **488955** | **$** | $**(1534261)** | **(1534261)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description | Description |  | Strike<br>Price | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| GLM | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | 1.150 | 958000 | 958000 | 958000 | $5966 | 5966 | $ | $4098 |
|  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  |  | 1.150 | 3832500 | 3832500 | 3832500 | 23951 | 23951 |  | 16889 |
|  |  |  |  |  |  |  |  |  |  |  | $29917 | 29917 | $ | $20987 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| DUB | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.180% | 2.180% | 174900 | 174900 | 174900 | $28054 | 28054 | $ | $11777 |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 2.180 | 2.180 | 285300 | 285300 | 285300 | 45762 | 45762 |  | 87140 |
| GLM | Call - OTC 30-Year Interest Rate Swap  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.110 | 2.110 | 122300 | 122300 | 122300 | 19813 | 19813 |  | 8060 |
|  | Put - OTC 30-Year Interest Rate Swap  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 2.110 | 2.110 | 177300 | 177300 | 177300 | 28722 | 28722 |  | 55532 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 8 | 31 | 64 | 87 | 100 | 113 | 117 | 150 | 182 | 228 |
| MYC | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 2.400 | 07/20/2027 | 07/20/2027 | 140900 | 18592 | 2844 |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 2.400 | 07/20/2027 | 07/20/2027 | 158900 | 20967 | 42933 |
|  | Call - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 2.170 | 07/19/2032 | 07/19/2032 | 141400 | 22426 | 9418 |
|  | Put - OTC 30-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 2.170 | 07/19/2032 | 07/19/2032 | 159400 | 25281 | 48794 |
|  |  |  |  |  |  |  |  |  | $209617 | $266498 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**239534** | $**287485** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| UAG | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | TRY | 39.750 | 39.750 | 08/11/2025 | 21900 | $(684) | $(14) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 51.750 | 51.750 | 08/11/2025 | 21900 | (481) | (115) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 40.575 | 40.575 | 08/19/2025 | 33300 | (1168) | (159) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 52.725 | 52.725 | 08/19/2025 | 33300 | (724) | (179) |
|  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  | Put - OTC USD versus TRY  |  | 41.600 | 41.600 | 11/12/2025 | 23600 | (898) | (108) |
|  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  | 56.900 | 56.900 | 11/12/2025 | 23600 | (658) | (440) |
|  |  |  |  |  |  |  |  |  | $(4613) | $(1015) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.770% | 07/09/2025 | 07/09/2025 | 122600 | $(392) | $(1120) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.120 | 07/09/2025 | 07/09/2025 | 122600 | (392) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.637 | 07/18/2025 | 07/18/2025 | 122100 | (386) | (612) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.037 | 07/18/2025 | 07/18/2025 | 122100 | (386) | (53) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.700 | 07/21/2025 | 07/21/2025 | 122100 | (388) | (944) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.050 | 07/21/2025 | 07/21/2025 | 122100 | (388) | (55) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.555 | 07/24/2025 | 07/24/2025 | 122200 | (388) | (441) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.905 | 07/24/2025 | 07/24/2025 | 122200 | (388) | (226) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.605 | 07/23/2025 | 07/23/2025 | 122100 | (440) | (575) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.955 | 07/23/2025 | 07/23/2025 | 122100 | (409) | (145) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.564 | 07/24/2025 | 07/24/2025 | 122000 | (409) | (465) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.914 | 07/24/2025 | 07/24/2025 | 122000 | (372) | (211) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Receive | Receive | 2.380 | 07/03/2025 | 07/03/2025 | 49900 | (132) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | Pay | 2.640 | 07/03/2025 | 07/03/2025 | 49900 | (132) | (62) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Receive | Receive | 2.460 | 07/16/2025 | 07/16/2025 | 74700 | (229) | (83) |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | Pay | 2.720 | 07/16/2025 | 07/16/2025 | 74700 | (229) | (123) |
| FAR | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.750 | 07/03/2025 | 07/03/2025 | 206800 | (773) | (1408) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.100 | 07/03/2025 | 07/03/2025 | 206800 | (773) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.790 | 07/09/2025 | 07/09/2025 | 207700 | (680) | (2164) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.140 | 07/09/2025 | 07/09/2025 | 207700 | (680) | (2) |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.680 | 07/07/2025 | 07/07/2025 | 61700 | (221) | (231) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.775 | 07/07/2025 | 07/07/2025 | 122500 | (377) | (1087) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.030 | 07/07/2025 | 07/07/2025 | 61700 | (221) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.125 | 07/07/2025 | 07/07/2025 | 122500 | (377) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.653 | 07/14/2025 | 07/14/2025 | 121700 | (364) | (530) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.053 | 07/14/2025 | 07/14/2025 | 121700 | (364) | (18) |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 8 | 31 | 49 | 74 | 88 | 97 | 113 | 150 | 182 | 228 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.695 | 3.695 | 07/17/2025 | 121900 | (353) | (847) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.095 | 4.095 | 07/17/2025 | 121900 | (353) | (26) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.583 | 3.583 | 07/23/2025 | 61200 | (214) | (251) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.933 | 3.933 | 07/23/2025 | 61200 | (214) | (86) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.525 | 3.525 | 07/28/2025 | 122800 | (403) | (406) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.875 | 3.875 | 07/28/2025 | 122800 | (403) | (313) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 3.555 | 07/30/2025 | 122800 | (378) | (507) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 3.905 | 07/30/2025 | 122800 | (378) | (288) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.772 | 3.772 | 07/10/2025 | 121800 | (399) | (1160) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.122 | 4.122 | 07/10/2025 | 121800 | (399) | (3) |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.715 | 3.715 | 07/02/2025 | 124200 | (445) | (514) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.065 | 4.065 | 07/02/2025 | 124200 | (445) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.725 | 3.725 | 07/03/2025 | 124000 | (466) | (660) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.075 | 4.075 | 07/03/2025 | 124000 | (467) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.669 | 3.669 | 07/07/2025 | 124000 | (466) | (411) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.019 | 4.019 | 07/07/2025 | 124000 | (466) | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.664 | 3.664 | 07/14/2025 | 121700 | (362) | (580) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.064 | 4.064 | 07/14/2025 | 121700 | (362) | (15) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.697 | 3.697 | 07/16/2025 | 121700 | (351) | (821) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.097 | 4.097 | 07/16/2025 | 121700 | (351) | (20) |
| NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.545 | 3.545 | 07/28/2025 | 188100 | (607) | (702) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.895 | 3.895 | 07/28/2025 | 188100 | (607) | (421) |
|  |  |  |  |  |  |  |  |  | $(19179) | $(18592) |
| **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** | **INTEREST RATE-CAPPED OPTIONS** |
| Counterparty | Description | Exercise<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating Rate<br>Index | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| MYC | Call - OTC 1-Year Interest Rate Cap  | 0.026% | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/23/2025 | 1798800 | $(15754) | $(7898) |
|  | Put - OTC 1-Year Interest Rate Floor  | 0.026 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/23/2025 | 1798800 | (15754) | 0 |
| FAR | Call - OTC 2-Year Interest Rate Cap  | 0.022 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 08/08/2026 | 605500 | (10445) | (12362) |
| MYC | Call - OTC 2-Year Interest Rate Cap  | 0.026 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/23/2026 | 1277500 | (22593) | (21670) |
| NGF | Call - OTC 2-Year Interest Rate Cap  | 0.026 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/25/2026 | 1955700 | (35887) | (31625) |
| FAR | Put - OTC 2-Year Interest Rate Floor  | 0.022 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 08/08/2026 | 605500 | (10445) | (318) |
| MYC | Put - OTC 2-Year Interest Rate Floor  | 0.026 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/23/2026 | 1277500 | (22593) | (852) |
| NGF | Put - OTC 2-Year Interest Rate Floor  | 0.026 | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | &nbsp;&nbsp;&nbsp;&nbsp; 1-Day USD-SOFR Compounded-OIS | 07/25/2026 | 1955700 | (35887) | (1454) |
|  |  |  |  |  |  |  |  |  | $(169358) | $(76179) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| SAL | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | $92.469 | 92.469 | 07/07/2025 | 07/07/2025 | 63500 | $(347) | $0 |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | 96.469 | 96.469 | 07/07/2025 | 07/07/2025 | 63500 | (298) | (24) |
|  |  |  |  |  |  |  |  |  | $(645) | $(24) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(193795)** | $**(95810)** |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 5 | 33 | 47 | 51 | 68 | 70 | 94 | 130 | 158 | 184 | 215 | 243 |
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| BOA | Israel Government International Bond  | 1.000% | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 0.803% | $9400 | $(101) | $172 | $71 | $0 |
|  | South Africa Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750 | 10600 | (464) | 505 | 41 | 0 |
| BPS | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 47700 | (2287) | 2154 | 0 | (133) |
|  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.337 | 3100 | (276) | 252 | 0 | (24) |
| BRC | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 1.050 | 140500 | (6441) | 6384 | 0 | (57) |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 0.803 | 14000 | (223) | 329 | 106 | 0 |
| CBK | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 6100 | (219) | 202 | 0 | (17) |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.603 | 67700 | (340) | 873 | 533 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.908 | 4300 | (57) | 76 | 19 | 0 |
| DUB | Eskom  | 4.650 | Quarterly | Quarterly | 06/30/2029 | 06/30/2029 | 0.000 | 50500 | 0 | 2993 | 2993 | 0 |
|  | Petroleos Mexicanos  | 4.750 | Monthly | Monthly | 07/06/2026 | 07/06/2026 | 0.000 | 176340 | 0 | 952 | 952 | 0 |
|  | Petroleos Mexicanos  | 4.850 | Monthly | Monthly | 07/06/2026 | 07/06/2026 | 0.000 | 97193 | 0 | 581 | 581 | 0 |
|  | South Africa Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750 | 17500 | (769) | 837 | 68 | 0 |
| GST | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 59100 | (2190) | 2026 | 0 | (164) |
|  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.337 | 25400 | (2264) | 2071 | 0 | (193) |
|  | Equinix, Inc.  | 5.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.720 | 18800 | 2628 | (1070) | 1558 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.568 | 6800 | 30 | 14 | 44 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 0.803 | 19200 | (261) | 406 | 145 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 0.862 | 73400 | (1997) | 2436 | 439 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 0.620 | 1560 | (65) | 79 | 14 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 0.784 | 9700 | (102) | 173 | 71 | 0 |
|  | Soft Bank Group,Inc.  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 1.490 | 84000 | (714) | 347 | 0 | (367) |
|  | South Africa Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750 | 8900 | (400) | 435 | 35 | 0 |
| JPM | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 8800 | (339) | 315 | 0 | (24) |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 0.803 | 69900 | (845) | 1372 | 527 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 0.862 | 16400 | (472) | 570 | 98 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.908 | 4500 | (49) | 69 | 20 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.401 | 21600 | (169) | 300 | 131 | 0 |
| MYC | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 61200 | (2202) | 2032 | 0 | (170) |
|  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.337 | 70400 | (6276) | 5742 | 0 | (534) |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 | 0.803 | 13800 | (234) | 338 | 104 | 0 |
|  | Israel Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 0.862 | 41100 | (1057) | 1303 | 246 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 0.291 | 3700 | (51) | 65 | 14 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.493 | 48100 | 74 | 292 | 366 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.538 | 40060 | (136) | 502 | 366 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.674 | 17400 | (336) | 501 | 165 | 0 |
|  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 0.784 | 82600 | (872) | 1479 | 607 | 0 |
|  | South Africa Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750 | 229100 | (10035) | 10928 | 893 | 0 |
|  |  |  |  |  |  |  |  |  | $(39511) | $49035 | $11207 | $(1683) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| BOA | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090% | 0.090% | Monthly | 08/25/2037 | 27844 | (20380) | 17705 | 0 | (2675) |
|  | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | 0.760 | 0.760 | Monthly | 01/25/2038 | 3150 | (2250) | 2005 | 0 | (245) |
|  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | Monthly | 05/11/2063 | 249 | (7) | 7 | 0 | 0 |
|  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | 1.000 | 1.000 | Monthly | 05/11/2063 | 320 | (1) | 1 | 0 | 0 |
| BRC | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | 0.110 | 0.110 | Monthly | 05/25/2046 | 2964 | (807) | 575 | 0 | (232) |
|  | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090 | 0.090 | Monthly | 08/25/2037 | 8756 | (6432) | 5591 | 0 | (841) |
|  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | 0.500 | Monthly | 05/11/2063 | 16 | (1) | 1 | 0 | 0 |
|  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | 1.000 | 1.000 | Monthly | 05/11/2063 | 736 | (23) | 23 | 0 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 5 | 35 | 49 | 51 | 70 | 78 | 94 | 101 | 128 | 158 | 184 | 211 | 215 | 243 |
|  |  | PRIMEX.ARM.2-AAA Index  | PRIMEX.ARM.2-AAA Index  | PRIMEX.ARM.2-AAA Index  | 4.580 | Monthly | Monthly | 12/25/2037 | 12/25/2037 | 1011 | 30 | (16) |  | 14 | 0 |
| CBK | CBK | ABX.HE.AA.6-1 Index « | ABX.HE.AA.6-1 Index « | ABX.HE.AA.6-1 Index « | 0.320 | Monthly | Monthly | 07/25/2045 | 07/25/2045 | 4879 | (2378) | 2013 |  | 0 | (365) |
|  |  | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 67246 | (49278) | 42819 |  | 0 | (6459) |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 66 | (3) | 3 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 909 | (33) | 33 |  | 0 | 0 |
| DUB | DUB | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 12258 | (8983) | 7805 |  | 0 | (1178) |
|  |  | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | 0.760 | Monthly | Monthly | 01/25/2038 | 01/25/2038 | 10514 | (7512) | 6694 |  | 0 | (818) |
|  |  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 62000 | (1006) | 1272 |  | 266 | 0 |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 210 | (5) | 5 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 7130 | (717) | 722 |  | 5 | 0 |
|  |  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | 1.000 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 400 | (8) | 8 |  | 0 | 0 |
| GST | GST | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | 0.110 | Monthly | Monthly | 05/25/2046 | 05/25/2046 | 5319 | (1443) | 1026 |  | 0 | (417) |
|  |  | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 66006 | (27562) | 21221 |  | 0 | (6341) |
|  |  | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | 0.760 | Monthly | Monthly | 01/25/2038 | 01/25/2038 | 21172 | (4961) | 3314 |  | 0 | (1647) |
|  |  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 401450 | (4763) | 6484 |  | 1721 | 0 |
|  |  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | Monthly | Monthly | 08/17/2061 | 08/17/2061 | 5000 | (8) | 35 |  | 27 | 0 |
|  |  | CMBX.NA.AAA.13 Index  | CMBX.NA.AAA.13 Index  | CMBX.NA.AAA.13 Index  | 0.500 | Monthly | Monthly | 12/16/2072 | 12/16/2072 | 70800 | 109 | 147 |  | 256 | 0 |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 73 | (3) | 3 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 15087 | (17) | 18 |  | 1 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 140254 | (5638) | 5743 |  | 105 | 0 |
|  |  | CMBX.NA.AS.9 Index  | CMBX.NA.AS.9 Index  | CMBX.NA.AS.9 Index  | 1.000 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 20000 | (1505) | 1522 |  | 17 | 0 |
| JPM | JPM | ABX.HE.AA.6-2 Index « | ABX.HE.AA.6-2 Index « | ABX.HE.AA.6-2 Index « | 0.170 | Monthly | Monthly | 05/25/2046 | 05/25/2046 | 700 | (296) | 178 |  | 0 | (118) |
|  |  | ABX.HE.AA.7-1 Index « | ABX.HE.AA.7-1 Index « | ABX.HE.AA.7-1 Index « | 0.150 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 10 | (6) | 5 |  | 0 | (1) |
|  |  | ABX.HE.AA.7-2 Index  | ABX.HE.AA.7-2 Index  | ABX.HE.AA.7-2 Index  | 1.920 | Monthly | Monthly | 01/25/2038 | 01/25/2038 | 150 | (84) | 47 |  | 0 | (37) |
| JPS | JPS | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 319300 | (5507) | 6876 |  | 1369 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 10701 | (475) | 476 |  | 1 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 213911 | (1914) | 2075 |  | 161 | 0 |
| MEI | MEI | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | 0.110 | Monthly | Monthly | 05/25/2046 | 05/25/2046 | 4196 | (1100) | 771 |  | 0 | (329) |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 11 | 0 | 0 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 2644 | (183) | 183 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 112945 | (8855) | 8940 |  | 85 | 0 |
| MYC | MYC | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | ABX.HE.AAA.6-2 Index « | 0.110 | Monthly | Monthly | 05/25/2046 | 05/25/2046 | 41221 | (7206) | 3973 |  | 0 | (3233) |
|  |  | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 14009 | (10254) | 8908 |  | 0 | (1346) |
|  |  | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | 0.760 | Monthly | Monthly | 01/25/2038 | 01/25/2038 | 7875 | (5628) | 5015 |  | 0 | (613) |
|  |  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 81300 | (1373) | 1722 |  | 349 | 0 |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 52 | (1) | 1 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 1180 | (88) | 88 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 6417 | (638) | 643 |  | 5 | 0 |
|  |  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | 1.000 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 748 | (31) | 31 |  | 0 | 0 |
| SAL | SAL | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 454800 | (1564) | 3514 |  | 1950 | 0 |
|  |  | CMBX.NA.AAA.11 Index  | CMBX.NA.AAA.11 Index  | CMBX.NA.AAA.11 Index  | 0.500 | Monthly | Monthly | 11/18/2054 | 11/18/2054 | 82900 | 392 | 108 |  | 500 | 0 |
|  |  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | Monthly | Monthly | 08/17/2061 | 08/17/2061 | 125500 | (139) | 804 |  | 665 | 0 |
|  |  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | CMBX.NA.AAA.6 Index  | 0.500 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 446 | 0 | 0 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 749 | (41) | 41 |  | 0 | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 49913 | 58 | (20) |  | 38 | 0 |
|  |  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | CMBX.NA.AS.6 Index  | 1.000 | Monthly | Monthly | 05/11/2063 | 05/11/2063 | 800 | 0 | 0 |  | 0 | 0 |
| UAG | UAG | ABX.HE.AA.6-2 Index « | ABX.HE.AA.6-2 Index « | ABX.HE.AA.6-2 Index « | 0.170 | Monthly | Monthly | 05/25/2046 | 05/25/2046 | 20854 | (1) | (3518) |  | 0 | (3519) |
|  |  | ABX.HE.AA.7-1 Index « | ABX.HE.AA.7-1 Index « | ABX.HE.AA.7-1 Index « | 0.150 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 37 | 0 | (3) |  | 0 | (3) |
|  |  | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | ABX.HE.AAA.7-1 Index « | 0.090 | Monthly | Monthly | 08/25/2037 | 08/25/2037 | 58853 | (3081) | (2572) |  | 0 | (5653) |
|  |  | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | ABX.HE.AAA.7-2 Index « | 0.760 | Monthly | Monthly | 01/25/2038 | 01/25/2038 | 43406 | (13) | (3364) |  | 0 | (3377) |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 945 | (56) | 56 |  | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | $(193669) | $161757 | $ | $7535 | $(39447) |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | 1060071 | &nbsp;&nbsp; 1.199% | &nbsp;&nbsp; 1.199% | &nbsp;&nbsp; 1.199% | Maturity | Maturity | 09/22/2025 | $235700 | $0 | $(1226) | $ | $0 | $(1226) |
|  |  |  | 190686 | 4.310 | 4.310 | 4.310 | Maturity | Maturity | 09/22/2025 | 42380 | 0 | (248) |  | 0 | (248) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | 1100026 | 1.199 | 1.199 | 1.199 | Maturity | Maturity | 09/22/2025 | 244620 | 0 | (1235) |  | 0 | (1235) |
| &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | 1897484 | 1.199 | 1.199 | 1.199 | Maturity | Maturity | 09/22/2025 | 421400 | 0 | (2688) |  | 0 | (2688) |
|  |  |  | 68315 | 4.310 | 4.310 | 4.310 | Maturity | Maturity | 09/22/2025 | 15200 | 0 | (72) |  | 0 | (72) |
|  |  |  |  |  |  |  |  |  |  |  | $0 | $(5469) | $ | $0 | $(5469) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(233180)** | $**205323** | **$** | $**18742** | $**(46599)** |
| **(r)** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,104,410 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 2 | 3 | 84 | 128 | 166 | 211 |
| <sup>(</sup><sup>4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | $1117779 | $5532256 | $6650035 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 0 | 5742847 | 1009112 | 6751959 |
| Industrials | Industrials | 87220 | 6167826 | 295721 | 6550767 |
| Utilities | Utilities | 0 | 2273828 | 0 | 2273828 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | 0 | 25893 | 0 | 25893 |
| Illinois | Illinois | 0 | 45586 | 0 | 45586 |
| New York | New York | 0 | 50986 | 0 | 50986 |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 116787296 | 0 | 116787296 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 29484349 | 0 | 29484349 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 428779 | 56819207 | 915286 | 58163272 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile ABS Other | Automobile ABS Other | 0 | 659647 | 18144 | 677791 |
| Automobile Sequential | Automobile Sequential | 0 | 5360246 | 0 | 5360246 |
| Casino Services | Casino Services | 0 | 0 | 49588 | 49588 |
| CMBS Other | CMBS Other | 0 | 387271 | 0 | 387271 |
| Credit Card Other | Credit Card Other | 0 | 386309 | 0 | 386309 |
| Home Equity Other | Home Equity Other | 29500 | 8314266 | 0 | 8343766 |
| Home Equity Sequential | Home Equity Sequential | 0 | 150602 | 0 | 150602 |
| Manufacturing House ABS Other | Manufacturing House ABS Other | 0 | 11634 | 0 | 11634 |
| Manufacturing House Sequential | Manufacturing House Sequential | 0 | 97645 | 0 | 97645 |
| Whole Loan Collateral | Whole Loan Collateral | 0 | 1138926 | 0 | 1138926 |
| Other ABS | Other ABS | 0 | 17709700 | 1179165 | 18500809 |
| Sovereign Issues | Sovereign Issues | 0 | 14871905 | 0 | 14871905 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Consumer Staples | Consumer Staples | 0 | 0 | 11 | 11 |
| Financials | Financials | 8318 | 0 | 275341 | 283659 |
| Health Care | Health Care | 0 | 0 | 54 | 54 |
| Industrials | Industrials | 0 | 0 | 6679 | 6679 |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |
| Communication Services | Communication Services | 0 | 0 | 19951 | 19951 |
| Financials | Financials | 0 | 0 | 375 | 375 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | Banking & Finance | 0 | 606894 | 0 | 606894 |
| Industrials | Industrials | 0 | 265 | 0 | 265 |
| Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts |
| Real Estate | Real Estate | 383864 | 0 | 0 | 383864 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | Repurchase Agreements | 0 | 165764 | 0 | 165764 |
| Short-Term Notes | Short-Term Notes | 0 | 30610 | 0 | 30610 |
| Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 462542 | 0 | 462542 |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 306488 | 0 | 306488 |
|  |  | $937681 | $268788255 | $9301683 | $279027619 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Communication Services | Communication Services | 75399 | 0 | 18918 | 94317 |
| Health Care | Health Care | 0 | 0 | 269438 | 269438 |
| Industrials | Industrials | 0 | 0 | 1 | 1 |
| Utilities | Utilities | 0 | 0 | 100329 | 100329 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | 21099654 | 0 | 0 | 21099654 |
|  |  | $21175053 | $0 | $388686 | $21563739 |
| Total Investments | Total Investments | $22112734 | $268788255 | $9690369 | $300591358 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | 0 | (325170) | 0 | (325170) |
|  |  | $0 | $(325170) | $0 | $(325170) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 26736 | 308219 | 0 | 334955 |
| Over the counter | Over the counter | 0 | 790642 | 4540 | 795182 |
|  |  | $26736 | $1098861 | $4540 | $1130137 |

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<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 11 | 12 | 22 | 30 | 45 | 48 | 73 | 84 | 102 | 112 | 128 | 151 | 166 | 177 | 187 | 194 | 213 | 236 | 241 |
| **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | **Financial** **Derivative Instruments - Liabilities**  | | |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (49088) | (49088) | (49088) | (333237) | (333237) | 0 | 0 | 0 |  | (382325) |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (1637223) | (1637223) | (39447) | (39447) | (39447) |  | (1676670) |  |  |
|  |  |  |  |  |  |  |  | $(49088) | (49088) | (49088) | $(1970460) | (1970460) | $(39447) | (39447) | (39447) | $ | (2058995) |  |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $(22352) | (22352) | (22352) | $(871599) | (871599) | $(34907) | (34907) | (34907) | $ | (928858) |  |  |
| Totals | Totals | Totals | Totals | Totals | Totals | Totals | Totals | $22090382 | 22090382 | 22090382 | $267591486 | 267591486 | $9655462 | 9655462 | 9655462 | $ | 299337330 |  |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Purchases<sup>(1)</sup> | Net<br>Purchases<sup>(1)</sup> | Net<br>Sales/Settlements<sup>(1)</sup> | Net<br>Sales/Settlements<sup>(1)</sup> | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | $3394550 | 3394550 | $ | 2596952 | $ | $(495859) | $ | 2104 | $(1521) | $ | 96716 | $0 | 0 | $(60686) | (60686) | (60686) | 5532256 | $ | 107210 |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Banking & Finance |  | 1005883 |  | 130994 |  | (87703) |  | 407 | 1667 |  | (42136) | 0 | 0 | 0 | 0 | 0 | 1009112 |  | (38629) |
| Industrials |  | 293632 |  | 0 |  | (193) |  | (4) | 0 |  | 3517 | 0 | 0 | (1231) | (1231) | (1231) | 295721 |  | 3517 |
| Non-Agency Mortgage-Backed Securities | 2495470 | 2495470 |  | 510729 |  | (1213264) |  | 722 | 1442 |  | 10759 | 0 | 0 | (890572) | (890572) | (890572) | 915286 |  | 6093 |
| Asset-Backed Securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Automobile ABS Other |  | 18194 |  | 0 |  | 0 |  | 0 | 0 |  | (50) | 0 | 0 | 0 | 0 | 0 | 18144 |  | (50) |
| Casino Services |  | 47339 |  | 0 |  | (802) |  | 0 | (60) |  | 3111 | 0 | 0 | 0 | 0 | 0 | 49588 |  | 2954 |
| Other ABS |  | 957102 |  | 776044 |  | (153100) |  | 646 | (4981) |  | 5391 | 0 | 0 | (401937) | (401937) | (401937) | 1179165 |  | (27954) |
| Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Consumer Staples |  | 13 |  | 0 |  | 0 |  | 0 | 0 |  | (2) | 0 | 0 | 0 | 0 | 0 | 11 |  | (2) |
| Financials |  | 268858 |  | 0 |  | 0 |  | 0 | 0 |  | 6483 | 0 | 0 | 0 | 0 | 0 | 275341 |  | 6483 |
| Health Care |  | 51 |  | 0 |  | 0 |  | 0 | 0 |  | 3 | 0 | 0 | 0 | 0 | 0 | 54 |  | 3 |
| Industrials |  | 8430 |  | 0 |  | 0 |  | 0 | 0 |  | (1751) | 0 | 0 | 0 | 0 | 0 | 6679 |  | (1751) |
| Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Communication Services |  | 0 |  | 13232 |  | 0 |  | 0 | 0 |  | 6719 | 0 | 0 | 0 | 0 | 0 | 19951 |  | 6719 |
| Financials |  | 362 |  | 0 |  | 0 |  | 0 | 0 |  | 13 | 0 | 0 | 0 | 0 | 0 | 375 |  | 14 |
|  | $8489884 | 8489884 | $ | 4027951 | $ | $(1950921) | $ | 3875 | $(3453) | $ | 88773 | $0 | 0 | $(1354426) | (1354426) | (1354426) | 9301683 | $ | 64607 |
| **Investments in Affiliates, at Value** |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Communication Services |  | 17735 |  | 0 |  | 0 |  | 0 | 0 |  | 1183 | 0 | 0 | 0 | 0 | 0 | 18918 |  | 1183 |
| Health Care |  | 279018 |  | 0 |  | 0 |  | 0 | 0 |  | (9580) | 0 | 0 | 0 | 0 | 0 | 269438 |  | (9580) |
| Industrials |  | 1 |  | 0 |  | 0 |  | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 | 0 | 1 |  | 0 |
| Utilities |  | 114834 |  | 0 |  | 0 |  | 0 | 0 |  | (14505) | 0 | 0 | 0 | 0 | 0 | 100329 |  | (14505) |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | $5291 | 5291 | $ | 18 | $ | $(264) | $ | 0 | $(3) | $ | (502) | $0 | 0 | $0 | 0 | 0 | 4540 | $ | (487) |
| **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** | **Financial Derivative Instruments - Liabilities** |
| Over the counter | $(53377) | (53377) | $ | 35281 | $ | $(38442) | $ | 0 | $78367 | $ | (61276) | $0 | 0 | $0 | 0 | 0 | (39447) | $ | 11489 |
| Totals | $8853386 | 8853386 | $ | 4063250 | $ | $(1989627) | $ | 3875 | $74911 | $ | 4093 | $0 | 0 | $(1354426) | (1354426) | (1354426) | 9655462 | $ | 52707 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs |  | Input Value(s)  | Input Value(s)  | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $931503 | 931503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 16.470  | 16.470  |  |  |
|  |  |  |  | 1854272 | 1854272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 3.327 – 40.000  | 3.327 – 40.000  | 5.998 | 5.998 |
|  |  |  |  | 84473 | 84473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow / Indicative Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow / Indicative Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow / Indicative Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow / Indicative Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow / Indicative Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate / Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate / Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate / Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate / Broker Quote | %/% | 7.160/90.000  | 7.160/90.000  |  |  |
|  |  |  |  | 153721 | 153721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 100.500  | 100.500  |  |  |
|  |  |  |  | 2238918 | 2238918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price |  | 100.000  | 100.000  |  |  |
|  |  |  |  | 269369 | 269369 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 39.500 - 101.000  | 39.500 - 101.000  | 100.608 | 100.608 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 887612 | 887612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 4.620 - 12.000 | 4.620 - 12.000 | 6.077 | 6.077 |
|  |  |  |  | 992 | 992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate |  | 10.000 | 10.000 |  |  |
|  |  |  |  | 54794 | 54794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Recovery Rate | &nbsp;&nbsp;&nbsp;&nbsp; Recovery Rate | &nbsp;&nbsp;&nbsp;&nbsp; Recovery Rate | &nbsp;&nbsp;&nbsp;&nbsp; Recovery Rate |  | 100.000 | 100.000 |  |  |
|  |  |  |  | 41542 | 41542 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price |  | 104.175 | 104.175 |  |  |

---

------

<br> Consolidated Schedule of Investments PIMCO Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 3 | 44 | 46 | 120 | 194 | 198 | 236 | 237 |
|  |  | 24172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 93.500 | 93.500 |  |  |
| Industrials | Industrials | 295721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.796 - 7.790 | 4.796 - 7.790 | 6.463 | 6.463 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 397107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.933 - 10.000 | 4.933 - 10.000 | 7.097 | 7.097 |
|  |  | 39584 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | $7.252 | 7.252 |  |  |
|  |  | 478595 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 99.999 - 107.656 | 99.999 - 107.656 | 103.233 | 103.233 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile ABS Other | Automobile ABS Other | 18144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 8.000 | 8.000 |  |  |
| Casino Services | Casino Services | 49588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.450 | 6.450 |  |  |
| Other ABS | Other ABS | 529142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 5.363 – 24.000 | 5.363 – 24.000 | 9.265 | 9.265 |
|  |  | 115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 13.000 | 13.000 |  |  |
|  |  | 412840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 99.995-124.720 | 99.995-124.720 | 102.112 | 102.112 |
|  |  | 86906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000 | 100.000 |  |  |
|  |  | 150162 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 100.500 | 100.500 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Consumer Staples | Consumer Staples | 11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $7.500 | 7.500 |  |  |
| Financials | Financials | 275339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | 5.200 | 5.200 |  |  |
|  |  | 2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $4.000 | 4.000 |  |  |
| Health Care | Health Care | 54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 20.000 | 20.000 |  |  |
| Industrials | Industrials | 6679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.625 - 20.500 | 0.625 - 20.500 | 17.347 | 17.347 |
| Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants | Warrants |
| Communication Services | Communication Services | 19951 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | 4.864 | 4.864 |  |  |
| Financials | Financials | 375 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Option Pricing Model | &nbsp;&nbsp;&nbsp;&nbsp; Volatility | 32.500 | 32.500 |  |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Communication Services | Communication Services | 18918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reference Instrument | &nbsp;&nbsp;&nbsp;&nbsp; Stock Price w/Liquidity Discount | 12.000 | 12.000 |  |  |
| Health Care | Health Care | 269438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | 16.470 | 16.470 |  |  |
| Industrials | Industrials | 1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Price | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<sup>(3)</sup> |  |  |
| Utilities | Utilities | 100329 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | 4.864 | 4.864 |  |  |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 0.197 - 5.914 | 0.197 - 5.914 | 3.972 |
| **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** | **Financial Derivative Instruments** **- Liabilities** |
| Over the counter | Over the counter | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 75.000 - 92.500 | 75.000 - 92.500 | 90.072 |
| Total | Total | 9655462 |  |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(3)</sup> | Input Value is 0.0001. | Input Value is 0.0001. | Input Value is 0.0001. | Input Value is 0.0001. | Input Value is 0.0001. | Input Value is 0.0001. | Input Value is 0.0001. | Input Value is 0.0001. |

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------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 141.3% ¤** |  |  |
| **CORPORATE BONDS & NOTES 1.6%**  |  |  |
| **BANKING & FINANCE 1.6%**  |  |  |
| **Ambac Assurance Corp.** <br>5.100% due 12/31/2099 (f) | $28 | $38 |
| **Credicorp Capital Sociedad Titulizadora SA** <br>9.700% due 03/05/2045 « | 2300 | 678 |
| **Jyske Realkredit AS**  |  |  |
| 1.500% due 10/01/2050  | 75259 | 9578 |
| 1.500% due 10/01/2053  | 26455 | 3288 |
| 2.000% due 10/01/2053  | 789 | 104 |
| 2.500% due 10/01/2047  | 1 | 0 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 1.000% due 10/01/2053  | 1353 | 171 |
| 1.500% due 10/01/2053  | 5573 | 645 |
| 2.000% due 10/01/2053  | 2996 | 395 |
| **Nykredit Realkredit AS**  |  |  |
| 1.000% due 10/01/2053  | 9 | 1 |
| 1.500% due 10/01/2053  | 896 | 99 |
| 2.500% due 10/01/2047  | 2 | 0 |
| 3.000% due 10/01/2053  | 28013 | 4156 |
| **Realkredit Danmark AS**  |  |  |
| 1.500% due 10/01/2053  | 30787 | 3953 |
| 2.000% due 10/01/2053  | 509 | 63 |
| 2.500% due 04/01/2047  | 8 | 1 |
| 3.000% due 10/01/2053  | 38038 | 5643 |
| **UBS Group AG** <br>7.750% due 03/01/2029 •  | 100 | 133 |
|  |  | 28946 |
| **INDUSTRIALS 0.0%**  |  |  |
| **VMware LLC** <br>3.900% due 08/21/2027 | $200 | 198 |
| **UTILITIES 0.0%**  |  |  |
| **Petrobras Global Finance BV** <br>7.250% due 03/17/2044 | 424 | 433 |
| Total Corporate Bonds & Notes (Cost $33,171) |  | 29577 |
| **U.S. GOVERNMENT AGENCIES 32.7%**  |  |  |
| **Fannie Mae**  |  |  |
| 5.255% due 11/25/2053 - 03/25/2055 •  | 4523 | 4529 |
| 5.335% due 06/25/2055 •  | 8936 | 8981 |
| 5.455% due 03/25/2055 •  | 2161 | 2162 |
| 5.465% due 03/25/2055 •  | 3146 | 3147 |
| **Freddie Mac**  |  |  |
| 5.150% due 03/15/2050 •  | 2227 | 2199 |
| 5.245% due 11/25/2054 •  | 8305 | 8288 |
| 5.305% due 02/25/2055 •  | 1122 | 1125 |
| 5.455% due 03/25/2055 •  | 1866 | 1867 |
| 5.555% due 06/25/2055 •  | 17679 | 17761 |
| **Ginnie Mae**  |  |  |
| 3.500% due 06/20/2052 - 06/20/2055 | 175728 | 160220 |
| 4.952% due 02/20/2074 •  | 724 | 723 |
| 5.461% due 08/20/2068 •  | 824 | 828 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 4.000% due 08/01/2052 | 890 | 830 |
| 4.500% due 09/01/2052 - 11/01/2052 | 2643 | 2533 |
| 5.500% due 08/01/2054 | 27925 | 27945 |
| 6.000% due 03/01/2054 - 08/01/2054 | 92043 | 93607 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 07/01/2055 - 08/01/2055 | 51690 | 48060 |
| 4.500% due 08/01/2055 | 194200 | 185691 |
| 6.500% due 08/01/2055 | 26400 | 27221 |
| Total U.S. Government Agencies (Cost $590,923) |  | 597717 |
| **U.S. TREASURY OBLIGATIONS 59.7%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 07/15/2026 (l)(n) | 9193 | 9115 |
| 0.125% due 07/15/2026 (l) | 9046 | 8969 |

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<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0.125% due 10/15/2026  | 12677 | 12533 |
| 0.125% due 04/15/2027  | 11815 | 11569 |
| 0.125% due 01/15/2030 (l)(n) | 7480 | 7061 |
| 0.125% due 07/15/2030 (j) | 26785 | 25170 |
| 0.125% due 01/15/2031 (j) | 30854 | 28598 |
| 0.125% due 07/15/2031 (j) | 128235 | 118053 |
| 0.125% due 01/15/2032  | 22911 | 20775 |
| 0.125% due 02/15/2051 (n) | 6136 | 3345 |
| 0.250% due 07/15/2029 (j) | 43249 | 41543 |
| 0.250% due 02/15/2050  | 7611 | 4425 |
| 0.375% due 07/15/2025 (l) | 12309 | 12303 |
| 0.375% due 01/15/2027 (l) | 15111 | 14906 |
| 0.375% due 07/15/2027  | 17807 | 17569 |
| 0.500% due 01/15/2028 (j) | 51235 | 50291 |
| 0.625% due 01/15/2026 (l)(n) | 51554 | 51274 |
| 0.625% due 07/15/2032 (j) | 53764 | 50171 |
| 0.625% due 02/15/2043 (n) | 9738 | 7244 |
| 0.750% due 07/15/2028 (j) | 38284 | 37825 |
| 0.750% due 02/15/2042  | 16126 | 12533 |
| 0.750% due 02/15/2045  | 27733 | 20266 |
| 0.875% due 01/15/2029  | 21424 | 21096 |
| 0.875% due 02/15/2047  | 20782 | 15071 |
| 1.000% due 02/15/2046  | 15649 | 11868 |
| 1.000% due 02/15/2048  | 14441 | 10631 |
| 1.000% due 02/15/2049  | 10070 | 7314 |
| 1.125% due 01/15/2033 (j)(n) | 41135 | 39326 |
| 1.250% due 04/15/2028 (j) | 34755 | 34697 |
| 1.375% due 07/15/2033 (j) | 42563 | 41354 |
| 1.375% due 02/15/2044 (j) | 25489 | 21421 |
| 1.375% due 02/15/2044 (n) | 454 | 382 |
| 1.625% due 10/15/2027 (j)(l) | 24363 | 24671 |
| 1.625% due 10/15/2029 (j) | 59941 | 60696 |
| 1.750% due 01/15/2034 (j) | 21392 | 21216 |
| 1.875% due 07/15/2034 (j) | 82904 | 83015 |
| 2.125% due 04/15/2029 (l)(n) | 27170 | 27908 |
| 2.125% due 01/15/2035 (j) | 25918 | 26357 |
| 2.125% due 02/15/2040  | 5298 | 5234 |
| 2.125% due 02/15/2041  | 4101 | 4017 |
| 2.125% due 02/15/2054  | 15050 | 13785 |
| 2.375% due 10/15/2028 (j) | 34559 | 35855 |
| 2.375% due 02/15/2055 (j) | 8335 | 8066 |
| 2.500% due 01/15/2029 (l)(n) | 11041 | 11490 |
| 3.375% due 04/15/2032 (n) | 54 | 60 |
| Total U.S. Treasury Obligations (Cost $1,148,950) |  | 1091068 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.6%**  |  |  |
| **Alliance Bancorp Trust** <br>4.914% due 07/25/2037 •  | 401 | 358 |
| **Banc of America Alternative Loan Trust**  |  |  |
| 5.084% due 12/25/2035 •  | 315 | 270 |
| 6.000% due 06/25/2046  | 221 | 193 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.442% due 06/25/2035 ~  | 28 | 25 |
| 5.545% due 11/25/2035 ~  | 37 | 32 |
| 5.830% due 08/25/2035 ~  | 38 | 36 |
| **BCAP LLC Trust** <br>4.623% due 04/26/2036 ~ | 186 | 166 |
| **Bear Stearns Adjustable Rate Mortgage Trust** <br>4.235% due 07/25/2036 ~ | 75 | 64 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>5.500% due 08/25/2034 | 611 | 604 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.627% due 12/20/2046 •  | 116 | 102 |
| 4.897% due 10/25/2035 ~  | 7 | 5 |
| 5.500% due 11/25/2035  | 21 | 17 |
| 5.500% due 01/25/2036  | 134 | 74 |
| 6.000% due 08/25/2036 •  | 72 | 41 |
| 6.000% due 04/25/2037  | 729 | 529 |
| 6.250% due 11/25/2036  | 58 | 42 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 5.014% due 04/25/2035 •  | 134 | 128 |
| 6.000% due 03/25/2037  | 459 | 204 |
| 6.000% due 05/25/2037  | 325 | 140 |
| 6.000% due 07/25/2037  | 945 | 413 |
| **CSAB Mortgage-Backed Trust** <br>6.672% due 06/25/2036 þ | 336 | 85 |
| **Deutsche Alt-B Securities Mortgage Loan Trust**  |  |  |
| 4.734% due 04/25/2037 •  | 317 | 224 |
| 6.800% due 07/25/2036  | 141 | 123 |
| **First Horizon Alternative Mortgage Securities Trust** <br>6.000% due 02/25/2037 | 49 | 18 |
| **Grifonas Finance PLC** <br>2.669% due 08/28/2039 •  | 133 | 152 |
| **GSR Mortgage Loan Trust**  |  |  |
| 5.293% due 09/25/2035 ~  | $5 | 5 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.000% due 11/25/2035  | 313 | 103 |
| **IndyMac IMSC Mortgage Loan Trust** <br>4.794% due 07/25/2047 •  | 305 | 200 |
| **Lehman Mortgage Trust** <br>5.094% due 01/25/2036 ~ | 97 | 93 |
| **MASTR Alternative Loan Trust** <br>4.834% due 03/25/2036 •  | 414 | 39 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.309% due 06/25/2036 ~ | 22 | 22 |
| **New Residential Mortgage Loan Trust** <br>4.500% due 05/25/2058 ~ | 1469 | 1439 |
| **New York Mortgage Trust** <br>4.984% due 05/25/2036 ~ | 36 | 30 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 05/25/2035 •  | 314 | 191 |
| 4.834% due 01/25/2046 •  | 877 | 246 |
| 5.750% due 02/25/2036  | 172 | 58 |
| 6.250% due 11/25/2036  | 167 | 61 |
| 6.500% due 06/25/2037  | 11493 | 2247 |
| **Sequoia Mortgage Trust** <br>4.832% due 07/20/2036 •  | 429 | 372 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.854% due 05/25/2036 •  | 173 | 121 |
| 4.874% due 05/25/2036 •  | 241 | 197 |
| 4.994% due 02/25/2036 •  | 189 | 158 |
| **Towd Point Mortgage Trust** <br>2.750% due 10/25/2057 ~ | 938 | 920 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.093% due 02/25/2037 ~  | 31 | 27 |
| 4.179% due 11/25/2036 ~  | 199 | 177 |
| 4.983% due 10/25/2035 ~  | 432 | 395 |
| 6.633% due 09/25/2033 ~  | 2 | 2 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust** <br>6.000% due 07/25/2036 | 244 | 175 |
| Total Non-Agency Mortgage-Backed Securities (Cost $16,959) |  | 11323 |
| **ASSET-BACKED SECURITIES 7.5%**  |  |  |
| **CMBS OTHER 0.7%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | 2866 | 2872 |
| **BDS LLC** <br>6.121% due 03/19/2039 •  | 4867 | 4879 |
| **LoanCore Issuer Ltd.**  |  |  |
| 5.726% due 07/15/2036 •  | 302 | 302 |
| 5.853% due 01/17/2037 •  | 1801 | 1805 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 2359 | 2361 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.964% due 02/15/2039 •  | 1502 | 1506 |
|  |  | 13725 |
| **HOME EQUITY OTHER 1.3%**  |  |  |
| **Argent Securities Trust** <br>4.754% due 05/25/2036 •  | 1409 | 339 |
| **Citigroup Mortgage Loan Trust** <br>4.594% due 01/25/2037 •  | 202 | 148 |
| **Countrywide Asset-Backed Certificates**  |  |  |
| 4.934% due 03/25/2037 •  | 792 | 782 |
| 5.634% due 10/25/2035 •  | 735 | 730 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.574% due 07/25/2037 •  | 219 | 204 |
| 4.834% due 09/25/2037 •  | 57 | 52 |
| 4.894% due 05/25/2037 •  | 750 | 702 |
| 5.805% due 04/25/2036 ~  | 34 | 32 |
| **Fremont Home Loan Trust**  |  |  |
| 4.704% due 10/25/2036 •  | 157 | 143 |
| 4.734% due 10/25/2036 •  | 4031 | 1612 |
| 4.914% due 10/25/2036 •  | 2215 | 886 |
| **Home Equity Asset Trust** <br>5.109% due 02/25/2036 •  | 2115 | 2076 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.654% due 04/25/2037 •  | 257 | 198 |
| **HSI Asset Securitization Corp. Trust** <br>4.734% due 07/25/2036 •  | 4744 | 2061 |
| **JP Morgan Mortgage Acquisition Trust** <br>4.644% due 10/25/2036 •  | 16 | 16 |
| **Long Beach Mortgage Loan Trust** <br>5.034% due 01/25/2036 •  | 1031 | 952 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.914% due 06/25/2036 •  | 200 | 69 |
| 5.004% due 01/25/2036 •  | 1394 | 1393 |

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<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.504% due 10/25/2036 •  | 1417 | 618 |
| 4.544% due 10/25/2036 •  | 16 | 8 |
| 4.564% due 10/25/2036 •  | 740 | 656 |
| 4.654% due 10/25/2036 •  | 1747 | 762 |
| 4.734% due 06/25/2036 •  | 1088 | 541 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.226% due 10/25/2036 | 175 | 48 |
| **NovaStar Mortgage Funding Trust** <br>4.774% due 11/25/2036 •  | 144 | 44 |
| **Renaissance Home Equity Loan Trust** <br>5.534% due 09/25/2037 •  | 5050 | 2048 |
| **Residential Asset Securities Corp. Trust**  |  |  |
| 4.684% due 11/25/2036 •  | 2966 | 2655 |
| 4.914% due 08/25/2036 •  | 421 | 372 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.754% due 07/25/2036 •  | 1877 | 616 |
| **Soundview Home Loan Trust**  |  |  |
| 4.554% due 11/25/2036 •  | 115 | 31 |
| 4.839% due 12/25/2036 •  | 1002 | 997 |
| 4.994% due 05/25/2036 •  | 157 | 153 |
| **Structured Asset Investment Loan Trust** <br>5.154% due 10/25/2035 •  | 1049 | 1028 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.939% due 04/25/2035 •  | 1 | 1 |
|  |  | 22973 |
| **HOME EQUITY SEQUENTIAL 0.0%**  |  |  |
| **Morgan Stanley Mortgage Loan Trust** <br>4.894% due 02/25/2037 •  | 145 | 29 |
| **WHOLE LOAN COLLATERAL 0.7%**  |  |  |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.929% due 10/25/2036 •  | 2300 | 2259 |
| **First Franklin Mortgage Loan Trust** <br>5.139% due 11/25/2036 •  | 1741 | 1698 |
| **IndyMac INDB Mortgage Loan Trust** <br>4.574% due 07/25/2036 •  | 714 | 224 |
| **Lehman XS Trust**  |  |  |
| 4.702% due 06/25/2036 þ  | 434 | 425 |
| 4.754% due 05/25/2036 •  | 531 | 460 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.874% due 10/25/2036 •  | 9907 | 3291 |
| 4.934% due 05/25/2036 •  | 686 | 354 |
| **Specialty Underwriting & Residential Finance Trust** <br>4.754% due 09/25/2037 •  | 7993 | 3891 |
|  |  | 12602 |
| **OTHER ABS 4.8%**  |  |  |
| **522 Funding CLO Ltd.** <br>5.571% due 10/20/2031 •  | 162 | 162 |
| **Anchorage Capital CLO Ltd.** <br>5.319% due 10/20/2034 •  | 800 | 800 |
| **Atlas Senior Loan Fund Ltd.** <br>5.608% due 01/15/2031 •  | 64 | 64 |
| **Bain Capital Credit CLO Ltd.** <br>5.359% due 10/21/2034 •  | 1800 | 1802 |
| **Bain Capital Euro CLO DAC** <br>3.336% due 01/24/2033 •  | 400 | 471 |
| **Barings CLO Ltd.** <br>5.521% due 01/20/2031 •  | $555 | 556 |
| **Canyon CLO Ltd.** <br>5.336% due 07/15/2034 •  | 1000 | 1001 |
| **Capital Four U.S. CLO Ltd.** <br>6.169% due 01/20/2037 •  | 1200 | 1205 |
| **Carlyle Global Market Strategies CLO Ltd.** <br>5.594% due 07/27/2031 •  | 86 | 86 |
| **Carlyle Global Market Strategies Euro CLO Ltd.** <br>2.893% due 11/15/2031 •  | 604 | 713 |
| **CBAM Ltd.**  |  |  |
| 5.561% due 04/17/2031 •  | $256 | 257 |
| 5.651% due 04/20/2032 •  | 1428 | 1431 |
| **Cedar Funding CLO Ltd.** <br>5.641% due 07/17/2031 •  | 510 | 511 |
| **CIFC Funding Ltd.** <br>5.487% due 10/24/2030 •  | 92 | 92 |
| **Contego CLO DAC** <br>2.823% due 01/23/2030 •  | 1193 | 1403 |
| **CVC Cordatus Loan Fund DAC** <br>2.974% due 09/22/2034 •  | 2300 | 2701 |
| **Dryden CLO Ltd.** <br>5.501% due 04/18/2031 •  | $246 | 246 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Dryden** **Euro CLO DAC**  |  |  |
| 3.216% due 10/18/2034 •  | 6800 | 7974 |
| 3.243% due 01/17/2033 •  | 740 | 871 |
| **Dunedin Park CLO DAC** <br>3.081% due 11/20/2034 •  | 700 | 822 |
| **Harvest CLO DAC** <br>2.997% due 11/18/2030 •  | 511 | 603 |
| **Hayfin Emerald CLO DAC** <br>3.586% due 07/18/2038 •  | 1900 | 2242 |
| **ICG U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | $4700 | 4703 |
| **KKR CLO Ltd.** <br>5.698% due 01/15/2031 •  | 458 | 458 |
| **LCM Ltd.** <br>5.571% due 07/20/2031 •  | 337 | 337 |
| **Madison Park Euro Funding DAC** <br>3.079% due 07/15/2032 •  | 5586 | 6562 |
| **Madison Park Funding Ltd.** <br>5.319% due 10/19/2034 •  | $1100 | 1099 |
| **Mountain View CLO Ltd.** <br>5.638% due 07/15/2031 •  | 192 | 192 |
| **Navesink CLO Ltd.** <br>5.526% due 04/15/2036 •  | 4300 | 4302 |
| **Octagon Investment Partners Ltd.** <br>5.482% due 04/16/2031 •  | 469 | 470 |
| **Palmer Square European Loan Funding DAC** <br>3.133% due 05/15/2034 •  | 3271 | 3851 |
| **Palmer Square Loan Funding Ltd.** <br>5.318% due 10/15/2029 •  | $207 | 207 |
| **Providus CLO DAC**  |  |  |
| 3.056% due 04/20/2034 •  | 3300 | 3880 |
| 3.439% due 10/15/2038 •  | 1500 | 1769 |
| **Rad CLO Ltd.** <br>5.657% due 07/24/2032 •  | $3906 | 3912 |
| **Rockford Tower Europe CLO DAC** <br>3.561% due 04/24/2037 •  | 2700 | 3182 |
| **Silver Rock CLO Ltd.** <br>5.309% due 01/20/2035 •  | $1300 | 1298 |
| **Sound Point CLO Ltd.** <br>5.681% due 04/18/2031 •  | 760 | 761 |
| **St Paul's CLO DAC** <br>3.036% due 04/22/2035 •  | 800 | 941 |
| **Tikehau CLO DAC** <br>3.179% due 10/15/2031 •  | 1330 | 1568 |
| **Toro European CLO DAC**  |  |  |
| 2.953% due 02/15/2034 •  | 5523 | 6486 |
| 3.185% due 01/12/2032 •  | 3616 | 4256 |
| **Trysail CLO Ltd.** <br>5.511% due 10/20/2033 •  | $600 | 600 |
| **Voya CLO Ltd.**  |  |  |
| 5.329% due 04/20/2034 •  | 6300 | 6276 |
| 5.469% due 07/20/2032 •  | 452 | 452 |
| 5.498% due 06/07/2030 •  | 228 | 228 |
| 5.603% due 07/14/2031 •  | 213 | 213 |
| 5.728% due 10/15/2030 •  | 330 | 330 |
| **Voya Euro CLO DAC** <br>3.239% due 07/15/2035 •  | 2800 | 3296 |
|  |  | 87642 |
| Total Asset-Backed Securities (Cost $140,164) |  | 136971 |
| **SOVEREIGN ISSUES 8.5%**  |  |  |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 07/01/2025 (d)  | 6600 | 1214 |
| 0.000% due 10/01/2025 (d)  | 131900 | 23417 |
| 0.000% due 04/01/2026 (d)  | 72900 | 12087 |
| **France Government International Bond**  |  |  |
| 0.100% due 03/01/2026 (e)  | 20354 | 23833 |
| 0.100% due 07/25/2031 (e)  | 13916 | 15654 |
| 0.100% due 07/25/2038 (e)  | 120 | 118 |
| **Italy Buoni Poliennali Del Tesoro**  |  |  |
| 0.400% due 05/15/2030 (e)  | 3342 | 3833 |
| 1.800% due 05/15/2036 (e)  | 1242 | 1462 |
| **Japan Government International Bond**  |  |  |
| 0.100% due 03/10/2028 (e)  | 2082561 | 14975 |
| 0.100% due 03/10/2029 (e)  | 7690395 | 55540 |
| **Mexican Udibonos** <br>4.000% due 08/24/2034 (e) | 6257 | 310 |
| **Mexico Government International Bond**  |  |  |
| 5.850% due 07/02/2032 (a)  | $900 | 912 |
| 6.625% due 01/29/2038 (a)  | 900 | 915 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **Peru** **Government International Bond** <br>6.150% due 08/12/2032 | PEN | 1000 | 292 |
| Total Sovereign Issues (Cost $158,585) |  |  | 154562 |
|  |  | SHARES |  |
| **COMMON STOCKS 0.2%**  |  |  |  |
| **COMMUNICATION SERVICES 0.0%**  |  |  |  |
| **Frontier Communications Parent, Inc. (b)** |  | 11500 | 418 |
| **CONSUMER DISCRETIONARY 0.0%**  |  |  |  |
| **Marriott International, Inc. 'A'** |  | 354 | 97 |
| **CONSUMER STAPLES 0.1%**  |  |  |  |
| **Kellanova** |  | 5700 | 453 |
| **ENERGY 0.0%**  |  |  |  |
| **Hess Corp.** |  | 2800 | 388 |
| **FINANCIALS 0.0%**  |  |  |  |
| **Mr. Cooper Group, Inc. (b)** |  | 2800 | 418 |
| **HEALTH CARE 0.0%**  |  |  |  |
| **Amedisys, Inc. (b)** |  | 2400 | 236 |
| **INFORMATION TECHNOLOGY 0.0%**  |  |  |  |
| **ANSYS, Inc. (b)** |  | 800 | 281 |
| **MATERIALS 0.0%**  |  |  |  |
| **Gold Road Resources Ltd.** |  | 81923 | 176 |
| **REAL ESTATE 0.1%**  |  |  |  |
| **CBRE Group, Inc. 'A' (b)** |  | 1601 | 224 |
| **Jones Lang LaSalle, Inc. (b)** |  | 428 | 110 |
| **Redfin Corp. (b)** |  | 11600 | 130 |
|  |  |  | 464 |
| Total Common Stocks (Cost $2,855) |  |  | 2931 |
| **PREFERRED SECURITIES 0.0%**  |  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |  |
| **Bank of America Corp.**<br>5.875% due 03/15/2028 •(f) |  | 670000 | 681 |
| Total Preferred Securities (Cost $670) |  |  | 681 |
| **REAL ESTATE INVESTMENT TRUSTS 4.5%**  |  |  |  |
| **REAL ESTATE 4.5%**  |  |  |  |
| **Acadia Realty Trust** |  | 6119 | 114 |
| **Agree Realty Corp.** |  | 8809 | 644 |
| **Alexander & Baldwin, Inc.** |  | 3306 | 59 |
| **Alexandria Real Estate Equities, Inc.** |  | 12510 | 909 |
| **American Assets Trust, Inc.** |  | 3844 | 76 |
| **American Healthcare REIT, Inc.** |  | 7199 | 264 |
| **American Homes 4 Rent 'A'** |  | 30654 | 1106 |
| **Americold Realty Trust, Inc.** |  | 21736 | 361 |
| **Apartment Investment and Management Co. 'A'** |  | 5826 | 50 |
| **Apple Hospitality REIT, Inc.** |  | 18225 | 213 |
| **AvalonBay Communities, Inc.** |  | 11814 | 2404 |
| **Brandywine Realty Trust** |  | 8407 | 36 |
| **Brixmor Property Group, Inc.** |  | 17919 | 467 |
| **Broadstone Net Lease, Inc.** |  | 26678 | 428 |
| **BXP, Inc.** |  | 6868 | 463 |
| **Camden Property Trust** |  | 9459 | 1066 |
| **CareTrust REIT, Inc.** |  | 8442 | 258 |
| **Centerspace** |  | 802 | 48 |
| **Chatham Lodging Trust** |  | 2365 | 16 |
| **Community Healthcare Trust, Inc.** |  | 1213 | 20 |
| **COPT Defense Properties** |  | 5051 | 139 |
| **Cousins Properties, Inc.** |  | 13722 | 412 |
| **CubeSmart** |  | 18823 | 800 |
| **Curbline Properties Corp.** |  | 4252 | 97 |
| **DiamondRock Hospitality Co.** |  | 16887 | 129 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Digital** **Realty Trust, Inc.** | 27311 | 4761 |
| **Diversified Healthcare Trust** | 8935 | 32 |
| **Douglas Emmett, Inc.** | 7523 | 113 |
| **Easterly Government Properties, Inc.** | 1950 | 43 |
| **EastGroup Properties, Inc.** | 4229 | 707 |
| **Elme Communities** | 4102 | 65 |
| **Empire State Realty Trust, Inc. 'A'** | 6101 | 49 |
| **EPR Properties** | 4277 | 249 |
| **Equinix, Inc.** | 8514 | 6773 |
| **Equity LifeStyle Properties, Inc.** | 18273 | 1127 |
| **Equity Residential** | 28212 | 1904 |
| **Essential Properties Realty Trust, Inc.** | 21767 | 695 |
| **Essex Property Trust, Inc.** | 5264 | 1492 |
| **Extra Space Storage, Inc.** | 15891 | 2343 |
| **Federal Realty Investment Trust** | 6316 | 600 |
| **First Industrial Realty Trust, Inc.** | 14563 | 701 |
| **Four Corners Property Trust, Inc.** | 4581 | 123 |
| **Gaming & Leisure Properties, Inc.** | 1919 | 90 |
| **Getty Realty Corp.** | 2365 | 65 |
| **Gladstone Commercial Corp.** | 2104 | 30 |
| **Global Medical REIT, Inc.** | 3037 | 21 |
| **Global Net Lease, Inc.** | 9013 | 68 |
| **Healthcare Realty Trust, Inc.** | 16785 | 266 |
| **Healthpeak Properties, Inc.** | 58460 | 1024 |
| **Highwoods Properties, Inc.** | 8589 | 267 |
| **Host Hotels & Resorts, Inc.** | 68230 | 1048 |
| **Hudson Pacific Properties, Inc.** | 5334 | 15 |
| **Independence Realty Trust, Inc.** | 10868 | 192 |
| **Innovative Industrial Properties, Inc.** | 1214 | 67 |
| **Invitation Homes, Inc.** | 59846 | 1963 |
| **JBG SMITH Properties** | 3324 | 57 |
| **Kilroy Realty Corp.** | 4819 | 165 |
| **Kimco Realty Corp.** | 59225 | 1245 |
| **Kite Realty Group Trust** | 29947 | 678 |
| **LXP Industrial Trust** | 34867 | 288 |
| **Macerich Co.** | 11618 | 188 |
| **Medical Properties Trust, Inc.** | 27802 | 120 |
| **Mid-America Apartment Communities, Inc.** | 9545 | 1413 |
| **National Health Investors, Inc.** | 3868 | 271 |
| **National Storage Affiliates Trust** | 3305 | 106 |
| **NET Lease Office Properties (b)** | 635 | 21 |
| **NETSTREIT Corp.** | 3610 | 61 |
| **NexPoint Residential Trust, Inc.** | 1045 | 35 |
| **NNN REIT, Inc.** | 15372 | 664 |
| **Omega Healthcare Investors, Inc.** | 26066 | 955 |
| **Paramount Group, Inc.** | 8836 | 54 |
| **Park Hotels & Resorts, Inc.** | 16319 | 167 |
| **Pebblebrook Hotel Trust** | 5450 | 54 |
| **Phillips Edison & Co., Inc.** | 10206 | 358 |
| **Piedmont Office Realty Trust, Inc. 'A'** | 5997 | 44 |
| **Plymouth Industrial REIT, Inc.** | 1780 | 29 |
| **Prologis, Inc.** | 73426 | 7719 |
| **Public Storage** | 13102 | 3844 |
| **Realty Income Corp.** | 72281 | 4164 |
| **Regency Centers Corp.** | 13242 | 943 |
| **Rexford Industrial Realty, Inc.** | 14171 | 504 |
| **RLJ Lodging Trust** | 6988 | 51 |
| **Ryman Hospitality Properties, Inc.** | 4752 | 469 |
| **Sabra Health Care REIT, Inc.** | 4971 | 92 |
| **Service Properties Trust** | 8059 | 19 |
| **Sila Realty Trust, Inc.** | 4522 | 107 |
| **Simon Property Group, Inc.** | 24612 | 3957 |
| **SITE Centers Corp.** | 2033 | 23 |
| **SL Green Realty Corp.** | 5744 | 356 |
| **STAG Industrial, Inc.** | 15279 | 554 |
| **Summit Hotel Properties, Inc.** | 4384 | 22 |
| **Sun Communities, Inc.** | 9811 | 1241 |
| **Sunstone Hotel Investors, Inc.** | 16207 | 141 |
| **Tanger, Inc.** | 5187 | 159 |
| **Terreno Realty Corp.** | 4800 | 269 |
| **UDR, Inc.** | 28907 | 1180 |
| **UMH Properties, Inc.** | 3548 | 60 |
| **Universal Health Realty Income Trust** | 561 | 22 |
| **Urban Edge Properties** | 5686 | 106 |
| **Ventas, Inc.** | 41270 | 2606 |
| **Veris Residential, Inc.** | 3697 | 55 |
| **VICI Properties, Inc.** | 2823 | 92 |
| **Vornado Realty Trust** | 13485 | 516 |
| **Welltower, Inc.** | 54067 | 8312 |
| **WP Carey, Inc.** | 14215 | 887 |
| **Xenia Hotels & Resorts, Inc.** | 4461 | 56 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Real Estate Investment Trusts (Cost $69,512) |  | 82971 |
|  | OUNCES |  |
| **COMMODITIES 24.3%**  |  |  |
| **Gold Warehouse Receipts** | 135500 | 444836 |
| Total Commodities (Cost $229,043) |  | 444836 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 1.7%**  |  |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (h) | 1254124 | 1254 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (i) 1.2%** |  | 22500 |
| **U.S. TREASURY BILLS 0.4%**  |  |  |
| 4.291% due 07/03/2025 - 10/21/2025 (c)(d)(n) | $7901 | 7868 |
| Total Short-Term Instruments (Cost $31,621) |  | 31622 |
| Total Investments in Securities (Cost $2,422,453) |  | 2584259 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 10.2%**  |  |  |
| **MUTUAL FUNDS (g) 10.2%**  |  |  |
| **PIMCO Commodity Strategy Active Exchange-Traded Fund**  | 2245036 | 57989 |
| **PIMCO Emerging Markets Currency and Short-Term Investments Fund**  | 16752351 | 127988 |
| Total Mutual Funds (Cost $200,870) |  | 185977 |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 59023 | 575 |
| Total Short-Term Instruments (Cost $575) |  | 575 |
| Total Investments in Affiliates (Cost $201,445) |  | 186552 |
| Total Investments 151.5% (Cost $2,623,898) |  | $2770811 |
| **Financial Derivative Instruments (k)(m) (0.8)**%(Cost or Premiums, net $(8370)) |  | (14923) |
| Other Assets and Liabilities, net (50.7)% |  | (926539) |
| Net Assets 100.0% |  | $1829349 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  | **NOTES TO CONSOLIDATED SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(g)** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** | **Institutional Class Shares of each Fund.** |
| **(h)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(i)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | 07/01/2025 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | &nbsp;&nbsp; U.S. Treasury Notes 3.625% due 03/31/2028 | (22986) | 22500 | 22500 | $22503 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  | **(22986)** | **22500** | **22500** | $**22503** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOM | BOM | 4.450%  | 06/09/2025 | 07/17/2025 | 07/17/2025 | (51063) | (51063) | (51201) | (51201) |
| BSN | BSN | 4.440  | 06/18/2025 | 07/17/2025 | 07/17/2025 | (7964) | (7964) | (7977) | (7977) |
|  |  | 4.450  | 06/09/2025 | 07/14/2025 | 07/14/2025 | (338246) | (338246) | (339166) | (339166) |
| DEU | DEU | 4.480  | 06/25/2025 | 07/02/2025 | 07/02/2025 | (1035) | (1035) | (1036) | (1036) |
| STR | STR | 4.480  | 07/01/2025 | 07/02/2025 | 07/02/2025 | (64766) | (64766) | (64766) | (64766) |
|  |  | 4.490  | 06/30/2025 | 07/01/2025 | 07/01/2025 | (64744) | (64744) | (64752) | (64752) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  | **(528898)** | **(528898)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> |
| BCY | BCY | 4.500%  | 06/26/2025 | 07/02/2025 | 07/02/2025 | (8630) | (8630) | (8636) | (8636) |
| UBS | UBS | 4.450  | 06/18/2025 | 07/16/2025 | 07/16/2025 | (202974) | (202974) | (203300) | (203300) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  | **(211936)** | **(211936)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% | U.S. Government Agencies (4.1)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | 07/01/2055 | $ | $ | (73559) | (73559) | $(74924) |
| **Total Short Sales (4.1)%** | **Total Short Sales (4.1)%** | **Total Short Sales (4.1)%** | **Total Short Sales (4.1)%** |  |  | **$** | **(73559)** | **(73559)** | $**(74924)** |
| **(j)** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $682,860 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |

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<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>2)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(648422) at a weighted average interest rate of 4.438%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. | Payable for sale-buyback transactions includes $(377) of deferred price drop. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** | **COMMODITY OPTIONS** |
| Description | Description | Description | Strike<br>Price | Expiration<br>Date | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | Put - NYMEX Natural Gas August 2025 Futures  | $3.500 | 07/28/2025 | 30 | 30 | (3) | $ | (7) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **$** | **(3)** | **$** | **(7)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Liability |
| 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 09/2026 | 2556 | 738898 | 1657 | $ | $113 | 113 | $(339) |
| Aluminum January Futures  | Aluminum January Futures  | 01/2026 | 81 | 5282 | 29 |  | 29 | 29 | 0 |
| Aluminum July Futures  | Aluminum July Futures  | 07/2025 | 148 | 9612 | 132 |  | 0 | 0 | 0 |
| Aluminum November Futures  | Aluminum November Futures  | 11/2025 | 15 | 976 | 27 |  | 0 | 0 | 0 |
| Aluminum September Futures  | Aluminum September Futures  | 09/2025 | 185 | 12025 | (101) |  | 98 | 98 | 0 |
| Arabica Coffee December Futures  | Arabica Coffee December Futures  | 12/2025 | 84 | 9280 | (1956) |  | 0 | 0 | (88) |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 560 | 42245 | 342 |  | 0 | 0 | (195) |
| Brent Crude December Futures  | Brent Crude December Futures  | 10/2025 | 95 | 6166 | 28 |  | 0 | 0 | (7) |
| Brent Crude March Futures  | Brent Crude March Futures  | 01/2026 | 248 | 16046 | (388) |  | 0 | 0 | (22) |
| Brent Crude September Futures  | Brent Crude September Futures  | 07/2025 | 62 | 4138 | (9) |  | 0 | 0 | (4) |
| California Carbon Allowance December Futures  | California Carbon Allowance December Futures  | 12/2025 | 263 | 7467 | (2174) |  | 81 | 81 | 0 |
| California Carbon Allowance Vintage December Futures  | California Carbon Allowance Vintage December Futures  | 12/2026 | 1399 | 42180 | (2016) |  | 392 | 392 | 0 |
| Cocoa December Futures  | Cocoa December Futures  | 12/2025 | 40 | 3320 | 91 |  | 12 | 12 | 0 |
| Copper August Futures  | Copper August Futures  | 08/2025 | 55 | 13621 | 145 |  | 146 | 146 | (1) |
| Copper July Futures  | Copper July Futures  | 07/2025 | 103 | 25609 | 1202 |  | 275 | 275 | 0 |
| Corn September Futures  | Corn September Futures  | 09/2025 | 269 | 5504 | (147) |  | 0 | 0 | (30) |
| Cotton No. 2 December Futures  | Cotton No. 2 December Futures  | 12/2025 | 112 | 3815 | 6 |  | 0 | 0 | (67) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 51 | 7070 | (32) |  | 5 | 5 | (75) |
| Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 885 | 126141 | 407 |  | 198 | 198 | (240) |
| European Climate Exchange December Futures  | European Climate Exchange December Futures  | 12/2025 | 51 | 4143 | (345) |  | 34 | 34 | (120) |
| Gas Oil December Futures  | Gas Oil December Futures  | 12/2025 | 60 | 3779 | 65 |  | 0 | 0 | (3) |
| Gold 100 oz. December Futures  | Gold 100 oz. December Futures  | 12/2025 | 123 | 41364 | (217) |  | 248 | 248 | 0 |
| Hard Red Winter Wheat December Futures  | Hard Red Winter Wheat December Futures  | 12/2025 | 21 | 578 | (96) |  | 0 | 0 | (7) |
| Hard Red Winter Wheat September Futures  | Hard Red Winter Wheat September Futures  | 09/2025 | 318 | 8375 | (306) |  | 0 | 0 | (111) |
| Henry Hub Natural Gas April Futures  | Henry Hub Natural Gas April Futures  | 03/2030 | 7 | 53 | (7) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas April Futures  | Henry Hub Natural Gas April Futures  | 03/2031 | 3 | 23 | (2) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas August Futures  | Henry Hub Natural Gas August Futures  | 07/2030 | 7 | 59 | (1) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas August Futures  | Henry Hub Natural Gas August Futures  | 07/2031 | 3 | 26 | 1 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas December Futures  | Henry Hub Natural Gas December Futures  | 11/2030 | 7 | 72 | 13 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas December Futures  | Henry Hub Natural Gas December Futures  | 11/2031 | 3 | 31 | 6 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas February Futures  | Henry Hub Natural Gas February Futures  | 01/2030 | 7 | 75 | 15 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas February Futures  | Henry Hub Natural Gas February Futures  | 01/2031 | 3 | 31 | 6 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas January Futures  | Henry Hub Natural Gas January Futures  | 12/2029 | 7 | 80 | 20 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas January Futures  | Henry Hub Natural Gas January Futures  | 12/2030 | 3 | 33 | 8 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas July Futures  | Henry Hub Natural Gas July Futures  | 06/2030 | 7 | 58 | (2) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas July Futures  | Henry Hub Natural Gas July Futures  | 06/2031 | 3 | 25 | 0 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas June Futures  | Henry Hub Natural Gas June Futures  | 05/2030 | 7 | 55 | (5) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas June Futures  | Henry Hub Natural Gas June Futures  | 05/2031 | 3 | 24 | (1) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas March Futures  | Henry Hub Natural Gas March Futures  | 02/2030 | 7 | 62 | 3 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas March Futures  | Henry Hub Natural Gas March Futures  | 02/2031 | 3 | 26 | 1 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas May Futures  | Henry Hub Natural Gas May Futures  | 04/2030 | 7 | 52 | (8) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas May Futures  | Henry Hub Natural Gas May Futures  | 04/2031 | 3 | 23 | (2) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas November Futures  | Henry Hub Natural Gas November Futures  | 10/2030 | 7 | 64 | 4 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas November Futures  | Henry Hub Natural Gas November Futures  | 10/2031 | 3 | 28 | 3 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas October Futures  | Henry Hub Natural Gas October Futures  | 09/2030 | 7 | 60 | 0 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas October Futures  | Henry Hub Natural Gas October Futures  | 09/2031 | 3 | 26 | 1 |  | 0 | 0 | 0 |
| Henry Hub Natural Gas September Futures  | Henry Hub Natural Gas September Futures  | 08/2030 | 7 | 58 | (1) |  | 0 | 0 | 0 |
| Henry Hub Natural Gas September Futures  | Henry Hub Natural Gas September Futures  | 08/2031 | 3 | 26 | 0 |  | 0 | 0 | 0 |
| Iron Ore September Futures  | Iron Ore September Futures  | 09/2025 | 648 | 6075 | (69) |  | 0 | 0 | (12) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 8 | 7723 | 22 |  | 0 | 0 | (11) |
| Lean Hogs December Futures  | Lean Hogs December Futures  | 12/2025 | 131 | 4390 | 115 |  | 0 | 0 | (101) |
| Live Cattle December Futures  | Live Cattle December Futures  | 12/2025 | 31 | 2612 | 28 |  | 5 | 5 | 0 |
| Live Cattle October Futures  | Live Cattle October Futures  | 10/2025 | 121 | 10172 | (17) |  | 17 | 17 | 0 |
| Natural Gas August Futures  | Natural Gas August Futures  | 07/2025 | 21 | 726 | (88) |  | 0 | 0 | (59) |
| Natural Gas January Futures  | Natural Gas January Futures  | 12/2025 | 57 | 2766 | (91) |  | 0 | 0 | (138) |
| New York Harbor December Futures  | New York Harbor December Futures  | 11/2025 | 131 | 12074 | 389 |  | 105 | 105 | 0 |
| New York Harbor September Futures  | New York Harbor September Futures  | 08/2025 | 26 | 2459 | 68 |  | 29 | 29 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Nickel January Futures  | Nickel January Futures  | Nickel January Futures  | Nickel January Futures  | 01/2026 | 01/2026 | 26 | 2411 | 5 | 5 | 21 | 21 | 21 | (16) |
| Nickel July Futures  | Nickel July Futures  | Nickel July Futures  | Nickel July Futures  | 07/2025 | 07/2025 | 32 | 2891 | (195) | (195) | 0 | 0 | 0 | 0 |
| Nickel November Futures  | Nickel November Futures  | Nickel November Futures  | Nickel November Futures  | 11/2025 | 11/2025 | 34 | 3127 | (143) | (143) | 0 | 0 | 0 | 0 |
| Nickel September Futures  | Nickel September Futures  | Nickel September Futures  | Nickel September Futures  | 09/2025 | 09/2025 | 74 | 6747 | (220) | (220) | 32 | 32 | 32 | (87) |
| RBOB Gasoline December Futures  | RBOB Gasoline December Futures  | RBOB Gasoline December Futures  | RBOB Gasoline December Futures  | 11/2025 | 11/2025 | 153 | 11645 | 383 | 383 | 2 | 2 | 2 | 0 |
| RBOB Gasoline September Futures  | RBOB Gasoline September Futures  | RBOB Gasoline September Futures  | RBOB Gasoline September Futures  | 08/2025 | 08/2025 | 21 | 1801 | (56) | (56) | 3 | 3 | 3 | 0 |
| Silver December Futures  | Silver December Futures  | Silver December Futures  | Silver December Futures  | 12/2025 | 12/2025 | 20 | 3661 | (23) | (23) | 0 | 0 | 0 | (20) |
| Silver September Futures  | Silver September Futures  | Silver September Futures  | Silver September Futures  | 09/2025 | 09/2025 | 139 | 25140 | 1366 | 1366 | 0 | 0 | 0 | (138) |
| Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | 01/2026 | 01/2026 | 5 | 261 | (3) | (3) | 1 | 1 | 1 | 0 |
| Soybean Meal December Futures  | Soybean Meal December Futures  | Soybean Meal December Futures  | Soybean Meal December Futures  | 12/2025 | 12/2025 | 248 | 7175 | (410) | (410) | 20 | 20 | 20 | 0 |
| Soybean November Futures  | Soybean November Futures  | Soybean November Futures  | Soybean November Futures  | 11/2025 | 11/2025 | 178 | 9140 | (161) | (161) | 20 | 20 | 20 | 0 |
| Soybean Oil January Futures  | Soybean Oil January Futures  | Soybean Oil January Futures  | Soybean Oil January Futures  | 01/2026 | 01/2026 | 61 | 1936 | 16 | 16 | 5 | 5 | 5 | 0 |
| Sugar No. 11 October Futures  | Sugar No. 11 October Futures  | Sugar No. 11 October Futures  | Sugar No. 11 October Futures  | 09/2025 | 09/2025 | 130 | 2359 | (249) | (249) | 0 | 0 | 0 | (74) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 760 | 86842 | 1629 | 1629 | 368 | 368 | 368 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 413 | 49199 | 1865 | 1865 | 555 | 555 | 555 | 0 |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2025 | 11/2025 | 183 | 11282 | (23) | (23) | 0 | 0 | 0 | (16) |
| WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | 08/2025 | 08/2025 | 57 | 3639 | 6 | 6 | 0 | 0 | 0 | (13) |
| Zinc July Futures  | Zinc July Futures  | Zinc July Futures  | Zinc July Futures  | 07/2025 | 07/2025 | 78 | 5361 | (526) | (526) | 0 | 0 | 0 | 0 |
| Zinc November Futures  | Zinc November Futures  | Zinc November Futures  | Zinc November Futures  | 11/2025 | 11/2025 | 19 | 1312 | 43 | 43 | 0 | 0 | 0 | 0 |
| Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | 09/2025 | 09/2025 | 24 | 1652 | (121) | (121) | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  | (64) | $ | 2814 | 2814 | $ | (1994) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 09/2025 | 09/2025 | 2556 | (738484) | $(1256) | (1256) | 188 | 188 | 188 | (38) |
| Aluminum July Futures  | Aluminum July Futures  | Aluminum July Futures  | Aluminum July Futures  | 07/2025 | 07/2025 | 148 | (9612) | 178 | 178 | 0 | 0 | 0 | 0 |
| Aluminum November Futures  | Aluminum November Futures  | Aluminum November Futures  | Aluminum November Futures  | 11/2025 | 11/2025 | 15 | (976) | (81) | (81) | 0 | 0 | 0 | 0 |
| Aluminum September Futures  | Aluminum September Futures  | Aluminum September Futures  | Aluminum September Futures  | 09/2025 | 09/2025 | 136 | (8840) | (275) | (275) | 0 | 0 | 0 | 0 |
| Copper August Futures  | Copper August Futures  | Copper August Futures  | Copper August Futures  | 08/2025 | 08/2025 | 17 | (2149) | (36) | (36) | 17 | 17 | 17 | 0 |
| Copper July Futures  | Copper July Futures  | Copper July Futures  | Copper July Futures  | 07/2025 | 07/2025 | 76 | (18896) | (787) | (787) | 0 | 0 | 0 | 0 |
| Copper September Futures  | Copper September Futures  | Copper September Futures  | Copper September Futures  | 09/2025 | 09/2025 | 121 | (15375) | (512) | (512) | 123 | 123 | 123 | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 341 | (52279) | (4) | (4) | 0 | 0 | 0 | (133) |
| Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | 09/2025 | 09/2025 | 247 | (34548) | 654 | 654 | 110 | 110 | 110 | 0 |
| Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 09/2025 | 1112 | (162216) | 1099 | 1099 | 354 | 354 | 354 | (78) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 09/2025 | 487 | (61525) | 95 | 95 | 54 | 54 | 54 | (17) |
| Gas Oil September Futures  | Gas Oil September Futures  | Gas Oil September Futures  | Gas Oil September Futures  | 09/2025 | 09/2025 | 10 | (653) | 7 | 7 | 0 | 0 | 0 | (1) |
| Gold 100 oz. August Futures  | Gold 100 oz. August Futures  | Gold 100 oz. August Futures  | Gold 100 oz. August Futures  | 08/2025 | 08/2025 | 818 | (270570) | 5830 | 5830 | 0 | 0 | 0 | (1644) |
| Nickel July Futures  | Nickel July Futures  | Nickel July Futures  | Nickel July Futures  | 07/2025 | 07/2025 | 32 | (2891) | 93 | 93 | 0 | 0 | 0 | 0 |
| Nickel November Futures  | Nickel November Futures  | Nickel November Futures  | Nickel November Futures  | 11/2025 | 11/2025 | 34 | (3127) | (26) | (26) | 0 | 0 | 0 | 0 |
| Nickel September Futures  | Nickel September Futures  | Nickel September Futures  | Nickel September Futures  | 09/2025 | 09/2025 | 23 | (2097) | (106) | (106) | 0 | 0 | 0 | 0 |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 1799 | (374234) | (1434) | (1434) | 0 | 0 | 0 | (98) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 1865 | (203285) | (2340) | (2340) | 0 | 0 | 0 | (248) |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 358 | (40141) | (2) | (2) | 0 | 0 | 0 | (2) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 796 | (91913) | (3658) | (3658) | 0 | 0 | 0 | (796) |
| Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | 12/2025 | 12/2025 | 61 | (1708) | 178 | 178 | 9 | 9 | 9 | 0 |
| Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | 09/2025 | 09/2025 | 130 | (3499) | 133 | 133 | 16 | 16 | 16 | 0 |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2025 | 11/2025 | 95 | (5857) | 264 | 264 | 9 | 9 | 9 | 0 |
| WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | WTI Crude September Futures  | 08/2025 | 08/2025 | 53 | (3384) | 19 | 19 | 12 | 12 | 12 | 0 |
| Zinc July Futures  | Zinc July Futures  | Zinc July Futures  | Zinc July Futures  | 07/2025 | 07/2025 | 78 | (5361) | 347 | 347 | 0 | 0 | 0 | 0 |
| Zinc November Futures  | Zinc November Futures  | Zinc November Futures  | Zinc November Futures  | 11/2025 | 11/2025 | 19 | (1312) | (69) | (69) | 0 | 0 | 0 | 0 |
| Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | 09/2025 | 09/2025 | 24 | (1652) | (67) | (67) | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  | (1756) | $ | 892 | 892 | $ | (3055) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(1820)** | **$** | **3706** | **3706** | **$** | **(5049)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 3.500% | Annual | 03/19/2030 | 03/19/2030 | GBP | 152500 | $(2765) | 869 | (1896) | (1896) | $0 | 0 | $(8) |
| Receive | 0.380 | Semi-Annual | 06/18/2028 | 06/18/2028 | JPY | 13680 | (4) | 5 | 1 | 1 | 0 | 0 | 0 |
| Receive | 0.550 | Annual | 09/14/2028 | 09/14/2028 |  | 6260000 | (72) | 376 | 304 | 304 | 25 | 25 | 0 |
| Receive | 0.450 | Semi-Annual | 03/20/2029 | 03/20/2029 |  | 385260 | (147) | 192 | 45 | 45 | 2 | 2 | 0 |
| Receive | 0.500 | Annual | 12/15/2031 | 12/15/2031 |  | 2933000 | 56 | 562 | 618 | 618 | 31 | 31 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | $218380 |  | 1246 |  | (1079) |  | 167 |  | 10 |  | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 2.300 | Semi-Annual | 11/15/2028 | 110100 |  | (1453) |  | (3679) |  | (5132) |  | 99 |  | 0 |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 2.340 | Semi-Annual | 11/21/2028 | 12450 |  | (157) |  | (405) |  | (562) |  | 11 |  | 0 |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 6312 |  | (6) |  | (90) |  | (96) |  | 0 |  | (16) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 3.085 | Annual | 02/13/2034 | 30 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2034 | 13000 |  | 579 |  | (192) |  | 387 |  | 0 |  | (45) |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 | 8250 |  | (19) |  | (146) |  | (165) |  | 0 |  | (32) |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 77090 |  | (545) |  | (1617) |  | (2162) |  | 0 |  | (613) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 2.285 | Semi-Annual | 11/15/2053 | 14330 |  | 900 |  | 3854 |  | 4754 |  | 0 |  | (83) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 2.237 | Semi-Annual | 11/21/2053 | 11000 |  | 683 |  | 3054 |  | 3737 |  | 0 |  | (63) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 2.865 | Annual | 02/13/2054 | 50900 |  | 1074 |  | 8508 |  | 9582 |  | 0 |  | (350) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 | 19200 |  | 511 |  | 929 |  | 1440 |  | 0 |  | (152) |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 3-Month EUR-EURIBOR | 1.830 | Annual | 09/17/2027 | 39700 |  | 0 |  | 146 |  | 146 |  | 13 |  | 0 |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.112 | Annual | 09/02/2027 | 5800 |  | 0 |  | (16) |  | (16) |  | 2 |  | 0 |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.120 | Annual | 09/03/2027 | 47100 |  | 0 |  | (138) |  | (138) |  | 19 |  | 0 |
| Pay<sup>(2)</sup> | Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 | 314800 |  | (11846) |  | (202) |  | (12048) |  | 0 |  | (637) |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.190 | Annual | 11/04/2052 | 3600 |  | 223 |  | 1897 |  | 2120 |  | 10 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.195 | Annual | 11/04/2052 | 3700 |  | 2 |  | 2172 |  | 2174 |  | 10 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.197 | Annual | 11/08/2052 | 7000 |  | 436 |  | 3675 |  | 4111 |  | 19 |  | 0 |
| Receive<sup>(2)</sup> | Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 | 86700 |  | 5672 |  | 4944 |  | 10616 |  | 329 |  | 0 |
| Receive | Receive | CPTFEMU | 2.965 | Maturity | 05/15/2027 | 11300 |  | 0 |  | 223 |  | 223 |  | 0 |  | 0 |
| Receive | Receive | CPTFEMU | 3.000 | Maturity | 05/15/2027 | 10000 |  | 5 |  | 170 |  | 175 |  | 0 |  | 0 |
| Receive | Receive | CPTFEMU | 3.130 | Maturity | 05/15/2027 | 4100 |  | 0 |  | 37 |  | 37 |  | 0 |  | 0 |
| Receive | Receive | CPTFEMU | 1.636 | Maturity | 06/15/2027 | 37600 |  | 0 |  | 78 |  | 78 |  | 8 |  | 0 |
| Pay | Pay | CPTFEMU | 1.380 | Maturity | 03/15/2031 | 9810 |  | (89) |  | (2015) |  | (2104) |  | 0 |  | (2) |
| Receive | Receive | CPTFEMU | 2.049 | Maturity | 08/15/2034 | 18500 |  | (7) |  | (151) |  | (158) |  | 23 |  | 0 |
| Receive | Receive | CPTFEMU | 2.034 | Maturity | 09/15/2034 | 13600 |  | (33) |  | (56) |  | (89) |  | 18 |  | 0 |
| Receive | Receive | CPTFEMU | 2.487 | Maturity | 05/15/2037 | 50 |  | 1 |  | (1) |  | 0 |  | 0 |  | 0 |
| Pay | Pay | CPTFEMU | 2.580 | Maturity | 03/15/2052 | 1600 |  | 1 |  | 54 |  | 55 |  | 1 |  | 0 |
| Pay | Pay | CPTFEMU | 2.590 | Maturity | 03/15/2052 | 2300 |  | (60) |  | 147 |  | 87 |  | 2 |  | 0 |
| Pay | Pay | CPTFEMU | 2.550 | Maturity | 04/15/2052 | 900 |  | 1 |  | 30 |  | 31 |  | 0 |  | 0 |
| Pay | Pay | CPTFEMU | 2.421 | Maturity | 05/15/2052 | 950 |  | 0 |  | (5) |  | (5) |  | 0 |  | 0 |
| Pay | Pay | CPTFEMU | 2.590 | Maturity | 12/15/2052 | 2900 |  | 0 |  | 302 |  | 302 |  | 0 |  | 0 |
| Pay | Pay | CPTFEMU | 2.680 | Maturity | 04/15/2053 | 4200 |  | 4 |  | 610 |  | 614 |  | 0 |  | (2) |
| Pay | Pay | CPTFEMU | 2.700 | Maturity | 04/15/2053 | 3700 |  | 25 |  | 543 |  | 568 |  | 0 |  | (1) |
| Pay | Pay | CPTFEMU | 2.763 | Maturity | 09/15/2053 | 6600 |  | 18 |  | 1155 |  | 1173 |  | 0 |  | (2) |
| Pay | Pay | CPTFEMU | 2.682 | Maturity | 10/15/2053 | 2100 |  | 0 |  | 312 |  | 312 |  | 0 |  | (2) |
| Pay | Pay | CPTFEMU | 2.736 | Maturity | 10/15/2053 | 3400 |  | 31 |  | 540 |  | 571 |  | 0 |  | (3) |
| Pay | Pay | CPURNSA | 2.380 | Maturity | 10/15/2025 | $200 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
| Pay | Pay | CPURNSA | 2.341 | Maturity | 11/07/2025 | 2600 |  | 0 |  | (17) |  | (17) |  | 0 |  | 0 |
| Pay | Pay | CPURNSA | 2.700 | Maturity | 01/14/2026 | 3100 |  | 0 |  | (13) |  | (13) |  | 0 |  | 0 |
| Pay | Pay | CPURNSA | 3.042 | Maturity | 02/21/2026 | 7600 |  | 0 |  | (5) |  | (5) |  | 1 |  | 0 |
| Receive | Receive | CPURNSA | 2.313 | Maturity | 02/26/2026 | 13700 |  | 0 |  | 1712 |  | 1712 |  | 1 |  | 0 |
| Receive | Receive | CPURNSA | 2.418 | Maturity | 03/05/2026 | 15300 |  | 0 |  | 1822 |  | 1822 |  | 0 |  | (1) |
| Receive | Receive | CPURNSA | 2.767 | Maturity | 05/13/2026 | 11500 |  | 0 |  | 1115 |  | 1115 |  | 6 |  | 0 |
| Receive | Receive | CPURNSA | 2.813 | Maturity | 05/14/2026 | 5500 |  | 0 |  | 519 |  | 519 |  | 3 |  | 0 |
| Receive | Receive | CPURNSA | 2.703 | Maturity | 05/25/2026 | 10230 |  | 0 |  | 1013 |  | 1013 |  | 2 |  | 0 |
| Receive | Receive | CPURNSA | 2.690 | Maturity | 06/01/2026 | 600 |  | 0 |  | 59 |  | 59 |  | 0 |  | 0 |
| Pay | Pay | CPURNSA | 2.335 | Maturity | 02/05/2028 | 4720 |  | 405 |  | (941) |  | (536) |  | 0 |  | (1) |
| Pay | Pay | CPURNSA | 2.352 | Maturity | 05/09/2028 | 1820 |  | 167 |  | (365) |  | (198) |  | 0 |  | (1) |
| Pay | Pay | CPURNSA | 2.360 | Maturity | 05/09/2028 | 2740 |  | 253 |  | (548) |  | (295) |  | 0 |  | (1) |
| Pay | Pay | CPURNSA | 2.364 | Maturity | 05/10/2028 | 5590 |  | 519 |  | (1119) |  | (600) |  | 0 |  | (2) |
| Receive | Receive | CPURNSA | 2.573 | Maturity | 08/26/2028 | 1200 |  | 0 |  | 95 |  | 95 |  | 0 |  | 0 |
| Pay | Pay | CPURNSA | 2.165 | Maturity | 04/16/2029 | 7000 |  | 455 |  | (1398) |  | (943) |  | 0 |  | (3) |
| Pay | Pay | CPURNSA | 1.954 | Maturity | 06/03/2029 | 1300 |  | 55 |  | (256) |  | (201) |  | 0 |  | (1) |
| Pay | Pay | CPURNSA | 1.280 | Maturity | 05/19/2030 | 4500 |  | (154) |  | (844) |  | (998) |  | 0 |  | (3) |
| Pay | Pay | UKRPI | 3.500 | Maturity | 08/15/2034 | 15600 |  | 88 |  | 308 |  | 396 |  | 103 |  | 0 |
| Pay | Pay | UKRPI | 3.466 | Maturity | 09/15/2034 | 12800 |  | (2) |  | 260 |  | 258 |  | 73 |  | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(3949)** | **(3949)** | $**26987** | **26987** | $**23038** | **23038** | $**821** | **821** | $**(2024)** | **(2024)** |
| **(l)** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $55,799 and cash of $9,569 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. | Unsettled variation margin asset of $714 and liability of $(175) for closed futures is outstanding at period end. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 8 | $6 | 6 | $0 | $0 |
|  |  | 07/2025  | 15746 | 2186 | 2186 | 0 | (17) |
|  |  | 07/2025  | $20248 | 31169 | 31169 | 267 | 0 |
|  |  | 07/2025  | 13 | 11 | 11 | 0 | 0 |
|  |  | 07/2025  | 1537 | 2553 | 2553 | 20 | 0 |
|  |  | 08/2025  | 31169 | $20260 | 20260 | 0 | (268) |
|  |  | 08/2025  | 11 | 13 | 13 | 0 | 0 |
|  |  | 08/2025  | 46234 | 6453 | 6453 | 0 | (30) |
|  |  | 08/2025  | 2553 | 1538 | 1538 | 0 | (20) |
|  |  | 08/2025  | $6 | 8 | 8 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 1924 | $1253 | 1253 | 0 | (13) |
|  |  | 07/2025  | 317 | 44 | 44 | 0 | 0 |
|  |  | 07/2025  | 80271 | 91272 | 91272 | 0 | (3283) |
|  |  | 07/2025  | 3022101 | 2217 | 2217 | 0 | (18) |
|  |  | 07/2025  | 2300 | 633 | 633 | 0 | (16) |
|  |  | 07/2025  | $44 | 317 | 317 | 0 | 0 |
|  |  | 07/2025  | 234 | 206 | 206 | 8 | 0 |
|  |  | 07/2025  | 2031 | 33140133 | 33140133 | 12 | 0 |
|  |  | 07/2025  | 458 | 586 | 586 | 3 | 0 |
|  |  | 08/2025  | 11616 | $1624 | 1624 | 0 | (5) |
|  |  | 08/2025  | 585 | 458 | 458 | 0 | (3) |
|  |  | 08/2025  | 788 | 24 | 24 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 19686 | 3607 | 3607 | 0 | (16) |
|  |  | 07/2025  | 5650 | 558 | 558 | 0 | (2) |
|  |  | 07/2025  | 9400 | 979 | 979 | 0 | (15) |
|  |  | 07/2025  | 83 | 3 | 3 | 0 | 0 |
|  |  | 07/2025  | 105524 | 3248 | 3248 | 0 | (386) |
|  |  | 07/2025  | $3509 | 19686 | 19686 | 114 | 0 |
|  |  | 07/2025  | 38 | 270 | 270 | 0 | 0 |
|  |  | 07/2025  | 5069 | 82708698 | 82708698 | 31 | 0 |
|  |  | 07/2025  | 38 | 168 | 168 | 1 | 0 |
|  |  | 07/2025  | 340 | 11136 | 11136 | 3 | 0 |
|  |  | 07/2025  | 1317 | 39181 | 39181 | 31 | 0 |
|  |  | 08/2025  | 26993 | $3779 | 3779 | 0 | (6) |
|  |  | 08/2025  | 270 | 38 | 38 | 0 | 0 |
|  |  | 08/2025  | 978 | 7 | 7 | 0 | 0 |
|  |  | 08/2025  | 121771 | 3888 | 3888 | 0 | (345) |
|  |  | 08/2025  | $453 | 10080 | 10080 | 28 | 0 |
|  |  | 08/2025  | 4603 | 399027 | 399027 | 42 | 0 |
|  |  | 08/2025  | 4173 | 121185 | 121185 | 39 | 0 |
|  |  | 10/2025  | 45800 | $7640 | 7640 | 0 | (597) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 11000 | 14967 | 14967 | 0 | (132) |
|  |  | 07/2025  | 15807 | 4540 | 4540 | 0 | (153) |
|  |  | 07/2025  | 380133 | 278 | 278 | 0 | (3) |
|  |  | 07/2025  | 4448 | 437 | 437 | 0 | (4) |
|  |  | 07/2025  | 1547 | 38 | 38 | 0 | (1) |
|  |  | 07/2025  | $427 | 314 | 314 | 4 | 0 |
|  |  | 07/2025  | 2251 | 7601 | 7601 | 5 | 0 |
|  |  | 07/2025  | 38 | 51748 | 51748 | 1 | 0 |
|  |  | 07/2025  | 120 | 451 | 451 | 5 | 0 |
|  |  | 07/2025  | 3830 | 156156 | 156156 | 56 | 0 |
|  |  | 07/2025  | 4490 | 81155 | 81155 | 87 | 0 |
|  |  | 08/2025  | 314 | $427 | 427 | 0 | (4) |
|  |  | 08/2025  | $4473 | 99471 | 99471 | 274 | 0 |
|  |  | 08/2025  | 14969 | 11000 | 11000 | 133 | 0 |
|  |  | 08/2025  | 9 | 382 | 382 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 44607 | $8094 | 8094 | 0 | (116) |
|  |  | 07/2025  | 102315 | 15582 | 15582 | 0 | (572) |
|  |  | 07/2025  | $8174 | 44607 | 44607 | 36 | 0 |
|  |  | 07/2025  | 644 | 2298 | 2298 | 5 | 0 |
|  |  | 08/2025  | 8094 | 44948 | 44948 | 115 | 0 |
|  |  | 09/2025  | 2304 | $644 | 644 | 0 | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 1684 | 1099 | 1099 | 0 | (9) |
|  |  | 07/2025  | 17 | 13 | 13 | 0 | 0 |
|  |  | 07/2025  | 201 | 28 | 28 | 0 | 0 |
|  |  | 07/2025  | 5599129 | 4087 | 4087 | 0 | (54) |
|  |  | 07/2025  | 3185 | 335 | 335 | 0 | (1) |
|  |  | 07/2025  | 103 | 80 | 80 | 0 | (1) |
|  |  | 07/2025  | 817 | 25 | 25 | 0 | (1) |
|  |  | 07/2025  | 193386 | 5944 | 5944 | 0 | (715) |
|  |  | 07/2025  | $16334 | 117100 | 117100 | 14 | 0 |
|  |  | 07/2025  | 2802 | 45630000 | 45630000 | 12 | 0 |
|  |  | 07/2025  | 1386 | 1905378 | 1905378 | 23 | 0 |
|  |  | 07/2025  | 2106 | 62423 | 62423 | 43 | 0 |
|  |  | 08/2025  | 5014 | $698 | 698 | 0 | (6) |
|  |  | 08/2025  | 201 | 28 | 28 | 0 | 0 |
|  |  | 08/2025  | 232229 | 7164 | 7164 | 0 | (909) |
|  |  | 08/2025  | $1418 | 5912233 | 5912233 | 22 | 0 |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 26547 | 2288167 | 102 | (11) |
|  | 09/2025  | 10098 | $526 | 0 | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 206 | 239 | 0 | (4) |
|  | 07/2025  | 7676 | 2215 | 0 | (64) |
|  | 07/2025  | 409086 | 300 | 0 | (3) |
|  | 07/2025  | 60 | 47 | 0 | (1) |
|  | 07/2025  | $12092 | 77003 | 66 | 0 |
|  | 07/2025  | 96018 | 82767 | 1477 | 0 |
|  | 07/2025  | 289 | 4707916 | 1 | 0 |
|  | 07/2025  | 495 | 14724 | 12 | 0 |
|  | 08/2025  | 76816 | $12092 | 0 | (66) |
|  | 08/2025  | 82585 | 96018 | 0 | (1476) |
|  | 08/2025  | 42741 | 1306 | 0 | (180) |
|  | 08/2025  | $239 | 206 | 4 | 0 |
|  | 08/2025  | 13340 | 1150956 | 59 | 0 |
|  | 08/2025  | 2285 | 72768 | 245 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 27019 | $17433 | 0 | (350) |
|  | 07/2025  | 64705 | 11317 | 0 | (592) |
|  | 07/2025  | 7759 | 9422 | 0 | (357) |
|  | 07/2025  | 8010 | 1115 | 0 | (6) |
|  | 07/2025  | 8300119 | 57858 | 220 | 0 |
|  | 07/2025  | 151 | 118 | 0 | (1) |
|  | 07/2025  | $11857 | 64705 | 52 | 0 |
|  | 07/2025  | 10215 | 8178 | 92 | 0 |
|  | 07/2025  | 16446 | 104660 | 78 | 0 |
|  | 07/2025  | 31803 | 4629271 | 343 | 0 |
|  | 07/2025  | 8890 | 32784 | 203 | 0 |
|  | 07/2025  | 368 | 470 | 1 | 0 |
|  | 08/2025  | 8144 | $10215 | 0 | (92) |
|  | 08/2025  | 28491 | 3981 | 0 | (14) |
|  | 08/2025  | 104403 | 16446 | 0 | (78) |
|  | 08/2025  | 4612247 | 31803 | 0 | (344) |
|  | 08/2025  | 541 | 425 | 0 | (1) |
|  | 08/2025  | $5880 | 508547 | 40 | 0 |
|  | 09/2025  | 19591 | 381464 | 574 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 262855 | $46505 | 0 | (1875) |
|  | 07/2025  | 26891 | 827 | 0 | (99) |
|  | 07/2025  | $48121 | 262855 | 259 | 0 |
|  | 07/2025  | 663 | 10802852 | 3 | 0 |
|  | 07/2025  | 8159 | 34538 | 39 | 0 |
|  | 07/2025  | 143 | 182 | 0 | 0 |
|  | 07/2025  | 46 | 1495 | 6 | 0 |
|  | 07/2025  | 19 | 338 | 0 | 0 |
|  | 08/2025  | 182 | $143 | 0 | 0 |
|  | 08/2025  | $3920 | 1420130 | 255 | 0 |
|  | 08/2025  | 389 | 12785 | 55 | 0 |
|  | 09/2025  | 33223 | 186191 | 523 | 0 |
|  | 10/2025  | 84100 | $13807 | 0 | (1319) |
|  | 04/2026  | 28200 | 4785 | 0 | (66) |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $1332 | 12601 | 0 | 0 |
|  | 08/2025  | 12574 | $1332 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 324349 | 59436 | 0 | (263) |
|  | 07/2025  | 419 | 511 | 0 | (17) |
|  | 07/2025  | 15176 | 2103 | 0 | (20) |
|  | 07/2025  | 79286 | 12008 | 0 | (510) |
|  | 07/2025  | 904298 | 662 | 0 | (7) |
|  | 07/2025  | 2299 | 1371 | 0 | (30) |
|  | 07/2025  | 4013 | 3124 | 0 | (32) |
|  | 07/2025  | 751 | 18 | 0 | 0 |
|  | 07/2025  | 106828 | 3285 | 0 | (393) |
|  | 07/2025  | $55834 | 324349 | 3864 | 0 |
|  | 07/2025  | 2046 | 114272 | 0 | (17) |
|  | 07/2025  | 17289 | 63979 | 455 | 0 |
|  | 07/2025  | 300 | 384 | 2 | 0 |
|  | 07/2025  | 1288 | 23011 | 10 | 0 |
|  | 08/2025  | 43286 | $6036 | 0 | (33) |
|  | 08/2025  | 383 | 300 | 0 | (2) |
|  | 08/2025  | 131833 | 4048 | 0 | (535) |
|  | 08/2025  | $3964 | 343700 | 37 | 0 |
|  | 04/2026  | 44700 | $7542 | 0 | (147) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 542 | 348 | 0 | (9) |
|  | 07/2025  | 39944 | 29082 | 0 | (250) |
|  | 07/2025  | 11 | 13 | 0 | 0 |
|  | 07/2025  | 7275 | 1010 | 0 | (8) |
|  | 07/2025  | 116 | 16 | 0 | 0 |
|  | 07/2025  | 2496 | 2853 | 0 | (88) |
|  | 07/2025  | 379109 | 2639 | 6 | 0 |
|  | 07/2025  | 9640 | 7514 | 0 | (67) |
|  | 07/2025  | 408 | 12 | 0 | 0 |
|  | 07/2025  | 49594 | 1522 | 0 | (186) |
|  | 07/2025  | $29082 | 39976 | 274 | 0 |
|  | 07/2025  | 16 | 116 | 0 | 0 |
|  | 07/2025  | 1205 | 889 | 15 | 0 |
|  | 07/2025  | 721 | 11725435 | 2 | 0 |
|  | 07/2025  | 1453 | 210200 | 6 | 0 |
|  | 07/2025  | 1155 | 64510 | 0 | (10) |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 07/2025  | 07/2025  |  |  | 926 | PLN | 3467 | 3467 | 3467 |  | 36 | 36 | 36 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 7914 | SGD | 10234 | 10234 | 10234 |  | 135 | 135 | 135 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 96 | TWD | 2850 | 2850 | 2850 |  | 2 | 2 | 2 |  | 0 |
|  |  | 08/2025  | 08/2025  | CAD | CAD | 39909 | $ | 29082 | 29082 | 29082 |  | 0 | 0 | 0 |  | (275) |
|  |  | 08/2025  | 08/2025  | CNH | CNH | 20326 |  | 2826 | 2826 | 2826 |  | 0 | 0 | 0 |  | (24) |
|  |  | 08/2025  | 08/2025  | CNY | CNY | 116 |  | 16 | 16 | 16 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | JPY | JPY | 5200 |  | 36 | 36 | 36 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | SGD | SGD | 10211 |  | 7914 | 7914 | 7914 |  | 0 | 0 | 0 |  | (137) |
|  |  | 08/2025  | 08/2025  | TWD | TWD | 161028 |  | 5180 | 5180 | 5180 |  | 0 | 0 | 0 |  | (418) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | JPY | JPY | 187497 |  | 1298 | 1298 | 1298 |  | 0 | 0 | 0 |  | (4) |
|  |  | 07/2025  | 07/2025  | $ | $ | 10681 | JPY | 1556723 | 1556723 | 1556723 |  | 130 | 130 | 130 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 1244 | NOK | 12548 | 12548 | 12548 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 46 | PLN | 171 | 171 | 171 |  | 1 | 1 | 1 |  | 0 |
|  |  | 08/2025  | 08/2025  | CNH | CNH | 29039 | $ | 4056 | 4056 | 4056 |  | 0 | 0 | 0 |  | (16) |
|  |  | 08/2025  | 08/2025  | JPY | JPY | 1551001 |  | 10681 | 10681 | 10681 |  | 0 | 0 | 0 |  | (130) |
|  |  | 08/2025  | 08/2025  | NOK | NOK | 12545 |  | 1244 | 1244 | 1244 |  | 0 | 0 | 0 |  | (1) |
|  |  | 10/2025  | 10/2025  | BRL | BRL | 2000 |  | 326 | 326 | 326 |  | 0 | 0 | 0 |  | (33) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $ | $ | 7932 | IDR | 129296539 | 129296539 | 129296539 |  | 40 | 40 | 40 |  | 0 |
|  |  | 08/2025  | 08/2025  |  |  | 1488 | TRY | 62116 | 62116 | 62116 |  | 18 | 18 | 18 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | CNY | CNY | 117169 | $ | 16360 | 16360 | 16360 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | ILS | ILS | 117 |  | 34 | 34 | 34 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | NZD | NZD | 254 |  | 153 | 153 | 153 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | TWD | TWD | 9177 |  | 315 | 315 | 315 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | $ | $ | 3083 | IDR | 50240587 | 50240587 | 50240587 |  | 15 | 15 | 15 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 120 | JPY | 17342 | 17342 | 17342 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 1580 | SGD | 2038 | 2038 | 2038 |  | 23 | 23 | 23 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 816 | TWD | 24251 | 24251 | 24251 |  | 19 | 19 | 19 |  | 0 |
|  |  | 08/2025  | 08/2025  | CNH | CNH | 50031 | $ | 7004 | 7004 | 7004 |  | 0 | 0 | 0 |  | (12) |
|  |  | 08/2025  | 08/2025  | JPY | JPY | 17278 |  | 120 | 120 | 120 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | SGD | SGD | 2034 |  | 1580 | 1580 | 1580 |  | 0 | 0 | 0 |  | (23) |
|  |  | 08/2025  | 08/2025  | TWD | TWD | 27543 |  | 844 | 844 | 844 |  | 0 | 0 | 0 |  | (113) |
|  |  | 08/2025  | 08/2025  | $ | $ | 899 | CNH | 6444 | 6444 | 6444 |  | 5 | 5 | 5 |  | 0 |
|  |  | 08/2025  | 08/2025  |  |  | 16360 | CNY | 116855 | 116855 | 116855 |  | 16 | 16 | 16 |  | 0 |
|  |  | 08/2025  | 08/2025  |  |  | 4150 | INR | 356270 | 356270 | 356270 |  | 0 | 0 | 0 |  | (2) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  |  |  | 17799 | JPY | 2569330 | 2569330 | 2569330 |  | 43 | 43 | 43 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 130 | NOK | 1306 | 1306 | 1306 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  |  |  | 1560 | RON | 6842 | 6842 | 6842 |  | 25 | 25 | 25 |  | 0 |
|  |  | 08/2025  | 08/2025  | JPY | JPY | 2559902 | $ | 17799 | 17799 | 17799 |  | 0 | 0 | 0 |  | (43) |
|  |  | 08/2025  | 08/2025  | NOK | NOK | 1306 |  | 130 | 130 | 130 |  | 1 | 1 | 1 |  | 0 |
|  |  | 08/2025  | 08/2025  | $ | $ | 185 | HUF | 67028 | 67028 | 67028 |  | 12 | 12 | 12 |  | 0 |
|  |  | 08/2025  | 08/2025  |  |  | 24 | INR | 2053 | 2053 | 2053 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | GBP | GBP | 314 | $ | 425 | 425 | 425 |  | 0 | 0 | 0 |  | (6) |
|  |  | 07/2025  | 07/2025  | $ | $ | 13691 | GBP | 10111 | 10111 | 10111 |  | 188 | 188 | 188 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | ILS | ILS | 1162 | $ | 324 | 324 | 324 |  | 0 | 0 | 0 |  | (21) |
|  |  | 07/2025  | 07/2025  | JPY | JPY | 122339 |  | 845 | 845 | 845 |  | 0 | 0 | 0 |  | (4) |
|  |  | 07/2025  | 07/2025  | KRW | KRW | 355199 |  | 262 | 262 | 262 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | NOK | NOK | 3756 |  | 370 | 370 | 370 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | 07/2025  | $ | $ | 2250 | CLP | 2104974 | 2104974 | 2104974 |  | 10 | 10 | 10 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 262 | KRW | 355371 | 355371 | 355371 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  |  |  | 1181 | RON | 5190 | 5190 | 5190 |  | 21 | 21 | 21 |  | 0 |
|  |  | 08/2025  | 08/2025  | CNH | CNH | 25158 | $ | 3515 | 3515 | 3515 |  | 0 | 0 | 0 |  | (12) |
|  |  | 09/2025  | 09/2025  | MXN | MXN | 455 |  | 23 | 23 | 23 |  | 0 | 0 | 0 |  | (1) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**11558** | **11558** | **11558** | **$** | $**(18643)** | **(18643)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** |
| Counterparty | Description | Description | Initial<br>Index | Initial<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GLM | Cap - OTC CPALEMU  | Cap - OTC CPALEMU  | 100.151 | 100.151 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | 06/22/2035 | 1900 | 1900 | 1900 | $(86) | (86) | $ | $(52) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BRC | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.440% | 2.440% | 2.440% | 01/25/2027 | 6200 | 6200 | 6200 | $(55) | (55) | $ | $(61) |
|  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.440 | 2.440 | 2.440 | 01/25/2027 | 6200 | 6200 | 6200 | (55) | (55) |  | (38) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.740 | 2.740 | 2.740 | 09/08/2025 | 13300 | 13300 | 13300 | (307) | (307) |  | (259) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.740 | 2.740 | 2.740 | 09/08/2025 | 13300 | 13300 | 13300 | (307) | (307) |  | (89) |
| GLM | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.465 | 2.465 | 2.465 | 12/04/2025 | 26800 | 26800 | 26800 | (324) | (324) |  | (291) |
|  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.465 | 2.465 | 2.465 | 12/04/2025 | 26800 | 26800 | 26800 | (323) | (323) |  | (17) |
|  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.350 | 2.350 | 2.350 | 01/07/2027 | 33700 | 33700 | 33700 | (306) | (306) |  | (303) |
|  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.350 | 2.350 | 2.350 | 01/07/2027 | 33700 | 33700 | 33700 | (306) | (306) |  | (238) |

---

------

<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | Receive | Receive | 2.500 | 01/14/2027 | 01/14/2027 |  | 85100 |  | (780) | (780) | (780) | (935) | (935) | (935) |
|  |  |  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | Pay | Pay | 2.500 | 01/14/2027 | 01/14/2027 |  | 85100 |  | (780) | (780) | (780) | (495) | (495) | (495) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (3543) | (3543) | (3543) | $(2726) | (2726) | (2726) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(3629)** | **(3629)** | **(3629)** | $**(2778)** | **(2778)** | **(2778)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> | <u>Swap Agreements, at Value</u><sup>(4)</sup> |
| Counterparty | Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(3)</sup> |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| GST | GST | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500% | 0.500% | 0.500% | 0.500% | Monthly | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 3200 | $ | (95) | (95) | 109 | $ | 14 | 14 | $ | 0 |
|  |  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | CMBX.NA.AAA.8 Index  | 0.500 | 0.500 | 0.500 | 0.500 | Monthly | Monthly | Monthly | 10/17/2057 | 10/17/2057 | 47 |  | (2) | (2) | 2 |  | 0 | 0 |  | 0 |
|  |  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | CMBX.NA.AAA.9 Index  | 0.500 | 0.500 | 0.500 | 0.500 | Monthly | Monthly | Monthly | 09/17/2058 | 09/17/2058 | 1640 |  | (101) | (101) | 102 |  | 1 | 1 |  | 0 |
| MYC | MYC | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | 0.500 | Monthly | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 13300 |  | (440) | (440) | 497 |  | 57 | 57 |  | 0 |
| UAG | UAG | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | 0.500 | 0.500 | Monthly | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 5200 |  | (151) | (151) | 173 |  | 22 | 22 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (789) | (789) | 883 | $ | 94 | 94 | 94 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | Receive | Receive | CPURNSA | CPURNSA | 1.800% | 1.800% | 1.800% | 1.800% | 1.800% | Maturity | Maturity | Maturity | 07/20/2026 | 07/20/2026 | $ | 1900 | 1900 | $0 | 0 | $(339) | (339) | $0 | 0 | 0 | $(339) |
|  |  |  | Receive | Receive | CPURNSA | CPURNSA | 1.805 | 1.805 | 1.805 | 1.805 | 1.805 | Maturity | Maturity | Maturity | 09/20/2026 | 09/20/2026 |  | 900 | 900 | 0 | 0 | (159) | (159) | 0 | 0 | 0 | (159) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | (498) | $ | 0 | 0 | 0 | (498) |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(5)</sup> | Pay/Receive<sup>(5)</sup> | Underlying<br>Reference | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | Receive | MLPIREIL Index  | MLPIREIL Index  | MLPIREIL Index  | 178953 | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.980% (FEDL01 plus a specified spread) | Monthly | Monthly | 06/10/2026 | 06/10/2026 | 16884 | 16884 | 0 | 0 | 71 | $ | 71 | 71 | 71 | 0 |
|  |  |  | Pay | MLPIREIS Index  | MLPIREIS Index  | MLPIREIS Index  | 170161 | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.830% (FEDL01 plus a specified spread) | Monthly | Monthly | 06/10/2026 | 06/10/2026 | 15467 | 15467 | 0 | 0 | (151) |  | 0 | 0 | 0 | (151) |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Receive | DWRTFT Index  | DWRTFT Index  | DWRTFT Index  | 688 | &nbsp;&nbsp; 4.840% | &nbsp;&nbsp; 4.840% | &nbsp;&nbsp; 4.840% | &nbsp;&nbsp; 4.840% | &nbsp;&nbsp; 4.840% | &nbsp;&nbsp; 4.840% | Monthly | Monthly | 07/16/2025 | 07/16/2025 | 9289 | 9289 | 0 | 0 | (20) |  | 0 | 0 | 0 | (20) |
|  |  |  | Receive | DWRTFT Index  | DWRTFT Index  | DWRTFT Index  | 1075 | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 4.750% | &nbsp;&nbsp; 4.750% | Monthly | Monthly | 08/06/2025 | 08/06/2025 | 14514 | 14514 | 0 | 0 | (55) |  | 0 | 0 | 0 | (55) |
|  |  |  | Receive | DWRTFT Index  | DWRTFT Index  | DWRTFT Index  | 1075 | &nbsp;&nbsp; 4.890% | &nbsp;&nbsp; 4.890% | &nbsp;&nbsp; 4.890% | &nbsp;&nbsp; 4.890% | &nbsp;&nbsp; 4.890% | &nbsp;&nbsp; 4.890% | Monthly | Monthly | 05/06/2026 | 05/06/2026 | 14514 | 14514 | 0 | 0 | (57) |  | 0 | 0 | 0 | (57) |
| &nbsp;&nbsp; CIB | &nbsp;&nbsp; CIB | &nbsp;&nbsp; CIB | Receive | PIMCODB Index  | PIMCODB Index  | PIMCODB Index  | 135028 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 06/15/2026 | 06/15/2026 | 27908 | 27908 | 0 | 0 | (881) |  | 0 | 0 | 0 | (881) |
| &nbsp;&nbsp; MAC | &nbsp;&nbsp; MAC | &nbsp;&nbsp; MAC | Receive | PIMCODB Index  | PIMCODB Index  | PIMCODB Index  | 182427 | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | &nbsp;&nbsp; 0.000% | Monthly | Monthly | 08/17/2026 | 08/17/2026 | 36205 | 36205 | 0 | 0 | (1144) |  | 0 | 0 | 0 | (1144) |
| &nbsp;&nbsp; MYI | &nbsp;&nbsp; MYI | &nbsp;&nbsp; MYI | Receive | DWRTFT Index  | DWRTFT Index  | DWRTFT Index  | 1273 | &nbsp;&nbsp; 4.920% | &nbsp;&nbsp; 4.920% | &nbsp;&nbsp; 4.920% | &nbsp;&nbsp; 4.920% | &nbsp;&nbsp; 4.920% | &nbsp;&nbsp; 4.920% | Monthly | Monthly | 07/02/2025 | 07/02/2025 | 17357 | 17357 | 0 | 0 | (236) |  | 0 | 0 | 0 | (236) |
|  |  |  | Receive | DWRTFT Index  | DWRTFT Index  | DWRTFT Index  | 1568 | &nbsp;&nbsp; 4.920% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.920% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.920% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.920% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.920% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.920% (FEDL01 plus a specified spread) | Monthly | Monthly | 02/18/2026 | 02/18/2026 | 21171 | 21171 | 0 | 0 | (85) |  | 0 | 0 | 0 | (85) |
|  |  |  | Receive | DWRTFT Index  | DWRTFT Index  | DWRTFT Index  | 1761 | &nbsp;&nbsp; 4.940% | &nbsp;&nbsp; 4.940% | &nbsp;&nbsp; 4.940% | &nbsp;&nbsp; 4.940% | &nbsp;&nbsp; 4.940% | &nbsp;&nbsp; 4.940% | Monthly | Monthly | 06/03/2026 | 06/03/2026 | 23776 | 23776 | 0 | 0 | (84) |  | 0 | 0 | 0 | (84) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | (2642) | $ | 71 | 71 | 71 | (2713) |
| **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** | **TOTAL RETURN SWAPS ON SECURITIES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(5)</sup> | Pay/Receive<sup>(5)</sup> | Underlying<br>Reference | Underlying<br>Reference | # of Shares | # of Shares | # of Shares | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | Pay | Pay | Synopsys Inc.  | Synopsys Inc.  | 276 | 276 | 276 | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | Monthly | 01/21/2026 | 01/21/2026 | $142 | 142 | $0 | 0 | $1 | 1 | $1 | 1 | 1 | $0 |
|  |  |  | Pay | Pay | Rocket Companies, Inc.  | Rocket Companies, Inc.  | 39994 | 39994 | 39994 | &nbsp;&nbsp; -9.6 | &nbsp;&nbsp; -9.6 | &nbsp;&nbsp; -9.6 | &nbsp;&nbsp; -9.6 | &nbsp;&nbsp; -9.6 | Monthly | 03/11/2026 | 03/11/2026 | 567 | 567 | 0 | 0 | (2) | (2) | 0 | 0 | 0 | (2) |
| &nbsp;&nbsp; MYI | &nbsp;&nbsp; MYI | &nbsp;&nbsp; MYI | Pay | Pay | Chevron Corp.  | Chevron Corp.  | 2870 | 2870 | 2870 | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | &nbsp;&nbsp; 4.330% (FEDL01 plus a specified spread) | Monthly | 07/09/2025 | 07/09/2025 | 411 | 411 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0 | 0 | 0 | $ | 2 | 2 | 2 | (2) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(789)** | **(789)** | **(2257)** | **$** | **167** | **167** | **167** | **(3213)** |
| **(n)** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $13,430 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |

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<br> Consolidated Schedule of Investments PIMCO Inflation Response Multi-Asset Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | $0 | $28268 | $678 | $28946 |
| Industrials | Industrials | 0 | 198 | 0 | 198 |
| Utilities | Utilities | 0 | 433 | 0 | 433 |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 597717 | 0 | 597717 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 1091068 | 0 | 1091068 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 11323 | 0 | 11323 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| CMBS Other | CMBS Other | 0 | 13725 | 0 | 13725 |
| Home Equity Other | Home Equity Other | 0 | 22973 | 0 | 22973 |
| Home Equity Sequential | Home Equity Sequential | 0 | 29 | 0 | 29 |
| Whole Loan Collateral | Whole Loan Collateral | 0 | 12602 | 0 | 12602 |
| Other ABS | Other ABS | 0 | 87642 | 0 | 87642 |
| Sovereign Issues | Sovereign Issues | 0 | 154562 | 0 | 154562 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Communication Services | Communication Services | 418 | 0 | 0 | 418 |
| Consumer Discretionary | Consumer Discretionary | 97 | 0 | 0 | 97 |
| Consumer Staples | Consumer Staples | 453 | 0 | 0 | 453 |
| Energy | Energy | 388 | 0 | 0 | 388 |
| Financials | Financials | 418 | 0 | 0 | 418 |
| Health Care | Health Care | 236 | 0 | 0 | 236 |
| Information Technology | Information Technology | 281 | 0 | 0 | 281 |
| Materials | Materials | 176 | 0 | 0 | 176 |
| Real Estate | Real Estate | 464 | 0 | 0 | 464 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | Banking & Finance | 0 | 681 | 0 | 681 |
| Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts |
| Real Estate | Real Estate | 82971 | 0 | 0 | 82971 |
| Commodities | Commodities | 0 | 444836 | 0 | 444836 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 0 | 1254 | 0 | 1254 |
| Repurchase Agreements | Repurchase Agreements | 0 | 22500 | 0 | 22500 |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 7868 | 0 | 7868 |
|  |  | $85902 | $2497679 | $678 | $2584259 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Mutual Funds | Mutual Funds | 185977 | 0 | 0 | 185977 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | 575 | 0 | 0 | 575 |
|  |  | $186552 | $0 | $0 | $186552 |
| Total Investments | Total Investments | $272454 | $2497679 | $678 | $2770811 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | $0 | $(74924) | $0 | $(74924) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 2783 | 1744 | 0 | 4527 |
| Over the counter | Over the counter | 0 | 11725 | 0 | 11725 |
|  |  | $2783 | $13469 | $0 | $16252 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (3914) | (3166) | 0 | (7080) |
| Over the counter | Over the counter | 0 | (24634) | 0 | (24634) |
|  |  | $(3914) | $(27800) | $0 | $(31714) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $(1131) | $(14331) | $0 | $(15462) |
| Totals | Totals | $271323 | $2408424 | $678 | $2680425 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 125.5% ¤** |  |  |
| **ARGENTINA 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030  | $4250 | $3376 |
| 1.000% due 07/09/2029  | 113 | 95 |
| 3.500% due 07/09/2041  | 920 | 573 |
| Total Argentina (Cost $3,532) |  | 4044 |
| **AUSTRALIA 2.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Bank of Queensland Ltd.** <br>3.300% due 07/30/2029 | 30377 | 36712 |
| **SOVEREIGN ISSUES 2.4%**  |  |  |
| **Australia Government International Bond**  |  |  |
| 1.750% due 06/21/2051  | 8800 | 3151 |
| 2.500% due 05/21/2030  | 15800 | 9954 |
| **Australian Capital Territory** <br>4.750% due 10/23/2030 | 67900 | 46376 |
| **New South Wales Treasury Corp.**  |  |  |
| 1.750% due 03/20/2034  | 199070 | 103572 |
| 2.000% due 03/08/2033  | 35900 | 19847 |
| 4.750% due 09/20/2035  | 23400 | 15310 |
| **Queensland Treasury Corp.**  |  |  |
| 1.500% due 08/20/2032  | 62400 | 33802 |
| 1.750% due 07/20/2034  | 59100 | 30223 |
| 2.000% due 08/22/2033  | 23400 | 12684 |
| **Treasury Corp. of Victoria**  |  |  |
| 2.000% due 09/17/2035  | 34900 | 17540 |
| 2.250% due 09/15/2033  | 102100 | 56368 |
| 4.250% due 12/20/2032  | 34900 | 22735 |
|  |  | 371562 |
| Total Australia (Cost $390,886) |  | 408274 |
| **BELGIUM 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **KBC Group NV** <br>5.796% due 01/19/2029 •  | $8000 | 8263 |
| Total Belgium (Cost $8,000) |  | 8263 |
| **BERMUDA 0.1%**  |  |  |
| **ASSET-BACKED SECURITIES 0.1%**  |  |  |
| **Trinitas CLO Ltd.**  |  |  |
| 5.309% due 07/20/2035 •  | $1700 | 1691 |
| 5.379% due 10/20/2033 •  | 10900 | 10906 |
| **TSTAT Ltd.** <br>5.419% due 07/20/2037 •  | 1506 | 1508 |
| Total Bermuda (Cost $14,106) |  | 14105 |
| **BRAZIL 1.9%**  |  |  |
| **SOVEREIGN ISSUES 1.9%**  |  |  |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (e) | 1679500 | 298173 |
| Total Brazil (Cost $280,980) |  | 298173 |
| **CANADA 5.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.6%**  |  |  |
| **Bank of Nova Scotia** <br>4.299% due 03/20/2028 | $13700 | 13825 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Fairfax** **Financial Holdings Ltd.** <br>2.750% due 03/29/2028 | 9000 | 10547 |
| **Royal Bank of Canada**  |  |  |
| 4.851% due 12/14/2026  | $23700 | 23975 |
| 4.969% due 08/02/2030 •  | 8300 | 8418 |
| 5.389% due 02/04/2031 ~  | 40900 | 40677 |
|  |  | 97442 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.1%**  |  |  |
| **Real Estate Asset Liquidity Trust**  |  |  |
| 2.381% due 02/12/2055 ~  | 5395 | 3863 |
| 2.867% due 02/12/2055 ~  | 16700 | 11538 |
| 3.650% due 08/12/2053  | 3443 | 2522 |
|  |  | 17923 |
| **SOVEREIGN ISSUES 4.4%**  |  |  |
| **Canada Government Bond**  |  |  |
| 1.500% due 12/01/2044 (f)  | 12722 | 9188 |
| 1.750% due 12/01/2053  | 20660 | 10270 |
| 2.750% due 03/01/2030  | 3400 | 2488 |
| 3.250% due 12/01/2033  | 132000 | 97460 |
| **Export Development Canada**  |  |  |
| 4.500% due 01/28/2030  | 6200 | 8661 |
| 7.130% due 03/11/2029  | 2119600 | 25141 |
| **Province of British Columbia** <br>4.150% due 06/18/2034 | 102700 | 77797 |
| **Province of Ontario** <br>3.650% due 06/02/2033 | 238700 | 176269 |
| **Province of Quebec**  |  |  |
| 3.600% due 09/01/2033  | 337100 | 247425 |
| 4.450% due 09/01/2034  | 45700 | 35324 |
|  |  | 690023 |
| Total Canada (Cost $780,005) |  | 805388 |
| **CAYMAN ISLANDS 2.3%**  |  |  |
| **ASSET-BACKED SECURITIES 1.9%**  |  |  |
| **ACREC Ltd.** <br>5.579% due 10/16/2036 •  | $5812 | 5800 |
| **Anchorage Capital CLO Ltd.** <br>5.712% due 04/22/2034 •  | 15400 | 15435 |
| **Arbor Realty Commercial Real Estate Notes Ltd.**  |  |  |
| 5.754% due 01/15/2037 •  | 17885 | 17920 |
| 5.776% due 11/15/2036 •  | 19032 | 19078 |
| **Atlas Senior Loan Fund Ltd.** <br>5.379% due 01/18/2035 •  | 1900 | 1899 |
| **Bain Capital Credit CLO Ltd.** <br>5.335% due 07/24/2034 •  | 4900 | 4880 |
| **Benefit Street Partners CLO Ltd.** <br>5.619% due 04/20/2034 •  | 6200 | 6210 |
| **Canyon Capital CLO Ltd.** <br>5.266% due 10/15/2034 •  | 4000 | 4005 |
| **Canyon CLO Ltd.** <br>5.336% due 07/15/2034 •  | 3000 | 3003 |
| **Carlyle Global Market Strategies CLO Ltd.**  |  |  |
| 5.359% due 07/20/2034 •  | 11300 | 11313 |
| 5.658% due 07/15/2031 •  | 5307 | 5319 |
| **Dryden Senior Loan Fund** <br>5.419% due 10/19/2029 •  | 6844 | 6849 |
| **Elevation CLO Ltd.** <br>5.412% due 07/25/2034 •  | 9300 | 9310 |
| **Fortress Credit BSL Ltd.** <br>5.369% due 07/23/2032 •  | 2884 | 2887 |
| **GoldenTree Loan Management U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | 3000 | 3002 |
| **GPMT Ltd.** <br>5.929% due 07/16/2035 •  | 4464 | 4377 |
| **ICG U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | 9900 | 9907 |
| **Jamestown CLO Ltd.** <br>5.402% due 07/25/2034 •  | 9900 | 9872 |
| **KKR CLO Ltd.** <br>5.701% due 02/09/2035 •  | 14400 | 14411 |
| **LCM Ltd.** <br>5.326% due 01/15/2034 •  | 2000 | 1993 |
| **LoanCore Issuer Ltd.**  |  |  |
| 5.726% due 11/15/2038 •  | 12522 | 12545 |
| 5.853% due 01/17/2037 •  | 9495 | 9519 |
| **Magnetite Ltd.** <br>5.406% due 10/15/2031 •  | 2841 | 2842 |
| **Mountain View CLO Ltd.** <br>5.415% due 10/15/2034 •  | 9800 | 9791 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Neuberger** **Berman Loan Advisers CLO Ltd.**  |  |  |
| 5.302% due 10/14/2036 •  | 9800 | 9782 |
| 5.330% due 07/17/2036 •  | 900 | 899 |
| **Ocean Trails CLO** <br>5.546% due 07/15/2034 •  | 11700 | 11714 |
| **Octagon Investment Partners Ltd.** <br>5.419% due 10/20/2030 •  | 3000 | 3002 |
| **OZLM Ltd.** <br>5.691% due 07/20/2032 •  | 9186 | 9193 |
| **Sound Point CLO** <br>5.688% due 07/15/2034 •  | 7400 | 7409 |
| **Sound Point CLO Ltd.**  |  |  |
| 5.518% due 04/15/2031 •  | 742 | 743 |
| 5.741% due 07/20/2032 •  | 12919 | 12938 |
| **Starwood Commercial Mortgage Trust** <br>5.654% due 11/15/2038 •  | 16450 | 16440 |
| **THL Credit Wind River CLO Ltd.** <br>5.658% due 01/15/2031 •  | 27 | 27 |
| **Trinitas CLO Ltd.**  |  |  |
| 5.342% due 01/25/2035 •  | 3600 | 3586 |
| 5.622% due 01/25/2034 •  | 9800 | 9806 |
| 5.652% due 04/25/2033 •  | 14500 | 14520 |
| **Venture CLO Ltd.** <br>5.409% due 10/20/2034 •  | 1500 | 1498 |
| **Vibrant CLO Ltd.** <br>5.651% due 07/20/2032 •  | 5176 | 5186 |
|  |  | 298910 |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Gaci First Investment Co.**  |  |  |
| 5.250% due 01/29/2034  | 9300 | 9391 |
| 5.625% due 07/29/2034  | 25800 | 26696 |
| **Sands China Ltd.** <br>5.400% due 08/08/2028 | 9200 | 9274 |
|  |  | 45361 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **KSA Sukuk Ltd.** <br>5.268% due 10/25/2028 | 9700 | 9957 |
| Total Cayman Islands (Cost $353,197) |  | 354228 |
| **CHILE 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Chile Government International Bond** <br>4.850% due 01/22/2029 | $14300 | 14525 |
| Total Chile (Cost $14,290) |  | 14525 |
| **CHINA 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **China Government International Bond**  |  |  |
| 1.920% due 01/15/2055  | 179400 | 25047 |
| 3.190% due 04/15/2053  | 8080 | 1429 |
| 3.530% due 10/18/2051  | 707500 | 130804 |
| Total China (Cost $138,390) |  | 157280 |
| **DENMARK 2.0%**  |  |  |
| **CORPORATE BONDS & NOTES 2.0%**  |  |  |
| **Jyske Realkredit AS**  |  |  |
| 1.000% due 01/01/2026  | 585100 | 91999 |
| 1.000% due 04/01/2026  | 106400 | 16696 |
| 1.500% due 10/01/2053  | 26872 | 3450 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 1.000% due 04/01/2026  | 509200 | 79848 |
| 1.500% due 10/01/2053  | 43457 | 5580 |
| **Nykredit Realkredit AS**  |  |  |
| 1.000% due 04/01/2026  | 111900 | 17565 |
| 1.000% due 10/01/2053  | 2 | 0 |
| 1.500% due 10/01/2052  | 32310 | 4144 |
| **Realkredit Danmark AS**  |  |  |
| 1.000% due 04/01/2026  | 553400 | 86832 |
| 1.500% due 10/01/2053  | 34921 | 4484 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| Total Denmark (Cost $279,495) |  | 310598 |
| **FRANCE 5.9%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **Banque Federative du Credit Mutuel SA**  |  |  |
| 5.088% due 01/23/2027  | $13900 | 14060 |
| 5.896% due 07/13/2026  | 24800 | 25181 |
| **BNP Paribas SA**  |  |  |
| 5.497% due 05/20/2030 •  | 12500 | 12839 |
| 5.738% due 02/20/2035 •  | 13300 | 13781 |
| 5.786% due 01/13/2033 •  | 11800 | 12283 |
| **BPCE SA**  |  |  |
| 5.876% due 01/14/2031 •  | 3900 | 4047 |
| 6.293% due 01/14/2036 •  | 8000 | 8405 |
| **Credit Agricole SA** <br>5.862% due 01/09/2036 •  | 27562 | 28585 |
|  |  | 119181 |
| **SOVEREIGN ISSUES 5.1%**  |  |  |
| **France Government International Bond**  |  |  |
| 0.500% due 05/25/2072  | 19400 | 6283 |
| 0.750% due 02/25/2028  | 95650 | 108710 |
| 2.000% due 05/25/2048  | 6000 | 5089 |
| 2.750% due 10/25/2027  | 96750 | 115722 |
| 2.750% due 02/25/2030  | 361800 | 430619 |
| 3.000% due 06/25/2049  | 121250 | 123456 |
| 3.250% due 05/25/2045  | 3800 | 4145 |
|  |  | 794024 |
| Total France (Cost $853,682) |  | 913205 |
| **GERMANY 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Deutsche Bank AG**  |  |  |
| 1.750% due 11/19/2030 •  | 3700 | 4090 |
| 2.129% due 11/24/2026 •  | $10600 | 10494 |
| 2.552% due 01/07/2028 •  | 8200 | 7967 |
| 3.035% due 05/28/2032 •  | 9900 | 8885 |
| 3.547% due 09/18/2031 •  | 9700 | 9077 |
| **Kreditanstalt fuer Wiederaufbau** <br>4.250% due 02/15/2030 | 12800 | 17714 |
| Total Germany (Cost $58,839) |  | 58227 |
| **HUNGARY 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 5.500% due 03/26/2036  | $14000 | 13523 |
| 6.250% due 09/22/2032  | 17400 | 18191 |
| 7.625% due 03/29/2041  | 600 | 678 |
| Total Hungary (Cost $31,716) |  | 32392 |
| **IRELAND 2.8%**  |  |  |
| **ASSET-BACKED SECURITIES 2.5%**  |  |  |
| **Accunia European CLO DAC** <br>3.229% due 07/15/2030 •  | 1138 | 1342 |
| **Arbour CLO DAC** <br>3.473% due 05/15/2038 •  | 3900 | 4597 |
| **Arcano Euro CLO DAC** <br>0.000% due 07/25/2039 •(b) | 13900 | 16374 |
| **Ares European CLO DAC**  |  |  |
| 3.229% due 01/15/2036 •  | 8335 | 9801 |
| 3.266% due 10/21/2034 •  | 2184 | 2571 |
| **Aurium CLO DAC** <br>2.922% due 04/16/2030 •  | 6855 | 8078 |
| **Blackrock European CLO DAC**  |  |  |
| 2.899% due 10/15/2031 •  | 4365 | 5128 |
| 3.116% due 07/19/2035 •  | 7600 | 8913 |
| **BNPP AM Euro CLO DAC** <br>2.929% due 10/15/2031 •  | 1866 | 2195 |
| **Cairn CLO DAC** <br>2.856% due 01/31/2030 •  | 2896 | 3403 |
| **Carlyle Euro CLO DAC**  |  |  |
| 0.000% due 08/15/2038 «•(b)  | 25000 | 29449 |
| 2.979% due 01/15/2031 •  | 10867 | 12803 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **CVC** **Cordatus Loan Fund DAC**  |  |  |
| 2.605% due 09/15/2031 •  | 4300 | 5064 |
| 2.886% due 07/21/2030 •  | 2827 | 3335 |
| 2.929% due 10/15/2031 •  | 9991 | 11776 |
| **CVC Cordatus Opportunity Loan Fund-R DAC** <br>2.983% due 08/15/2033 •  | 13932 | 16363 |
| **Dryden Euro CLO** <br>3.236% due 04/18/2033 •  | 2934 | 3453 |
| **Dryden Euro CLO DAC** <br>3.219% due 01/15/2034 •  | 9496 | 11174 |
| **Harvest CLO DAC** <br>2.919% due 10/15/2031 •  | 5704 | 6719 |
| **Hayfin Emerald CLO DAC**  |  |  |
| 3.337% due 11/17/2037 •  | 16900 | 19885 |
| 3.586% due 07/18/2038 •  | 13600 | 16050 |
| 3.914% due 01/22/2039 •  | 5500 | 6485 |
| **Indigo Credit Management DAC** <br>3.479% due 07/15/2038 •  | 28000 | 33044 |
| **Invesco Euro CLO DAC**  |  |  |
| 3.296% due 10/30/2038 •  | 15700 | 18459 |
| 3.299% due 01/15/2034 •  | 10100 | 11874 |
| **Jubilee CLO DAC** <br>2.929% due 04/15/2031 •  | 8461 | 9947 |
| **Man GLG Euro CLO DAC** <br>2.665% due 12/15/2031 •  | 6892 | 8096 |
| **Palmer Square European Loan Funding DAC**  |  |  |
| 3.113% due 05/15/2033 •  | 3489 | 4115 |
| 3.170% due 10/15/2034 •  | 21100 | 24786 |
| 3.203% due 02/15/2035 •  | 25000 | 29460 |
| 3.259% due 01/15/2033 •  | 3458 | 4077 |
| **Sculptor European CLO DAC** <br>3.361% due 04/27/2038 •  | 18200 | 21471 |
| **St Paul's CLO DAC** <br>3.138% due 10/25/2035 •  | 8000 | 9399 |
| **Trinitas Euro CLO DAC** <br>0.000% due 07/15/2039 «•(b) | 6000 | 7068 |
|  |  | 386754 |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **AerCap Ireland Capital DAC** <br>2.450% due 10/29/2026 | $3600 | 3509 |
| **Lion RE DAC** <br>6.409% due 07/16/2025 •  | 500 | 589 |
|  |  | 4098 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 34600 | 41052 |
| Total Ireland (Cost $407,048) |  | 431904 |
| **ISRAEL 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 4.500% due 01/17/2033  | $11200 | 10716 |
| 5.375% due 03/12/2029  | 19550 | 19965 |
| 5.375% due 02/19/2030  | 79200 | 80810 |
| 5.500% due 03/12/2034  | 8200 | 8314 |
| 5.625% due 02/19/2035  | 15000 | 15274 |
| 5.750% due 03/12/2054  | 22900 | 21240 |
| Total Israel (Cost $154,023) |  | 156319 |
| **ITALY 0.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Banca Monte dei Paschi di Siena SpA** <br>0.875% due 10/08/2027 | 14835 | 17214 |
| **Intesa Sanpaolo SpA**  |  |  |
| 7.200% due 11/28/2033  | $15100 | 16964 |
| 8.248% due 11/21/2033 •  | 13200 | 15329 |
|  |  | 49507 |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.750% due 05/05/2026 | 18800 | 18993 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Italy** **Government International Bond** <br>6.000% due 08/04/2028 | 5900 | 8425 |
|  |  | 27418 |
| Total Italy (Cost $74,553) |  | 76925 |
| **JAPAN 8.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Nissan Motor Co. Ltd.** <br>3.522% due 09/17/2025 | $2294 | 2281 |
| **Nomura Holdings, Inc.** <br>2.329% due 01/22/2027 | 10300 | 9965 |
| **Olympus Corp.** <br>2.143% due 12/08/2026 | 8700 | 8414 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 4.660% due 07/08/2031 •(b)  | 12600 | 12600 |
| 5.548% due 07/08/2031 (b)  | 8100 | 8100 |
| **Sumitomo Mitsui Trust Bank Ltd.**  |  |  |
| 5.200% due 03/07/2027  | 4300 | 4367 |
| 5.200% due 03/07/2029  | 16400 | 16814 |
|  |  | 62541 |
| **SOVEREIGN ISSUES 7.7%**  |  |  |
| **Japan Finance Organization for Municipalities** <br>0.625% due 09/02/2025 | 43400 | 43116 |
| **Japan Government International Bond**  |  |  |
| 0.100% due 03/10/2028 (f)  | 15519236 | 111595 |
| 0.100% due 03/10/2029 (f)  | 4952909 | 35770 |
| 0.400% due 06/20/2029  | 6120000 | 41668 |
| 0.400% due 06/20/2040  | 11412700 | 62763 |
| 0.500% due 09/20/2046  | 5480000 | 25988 |
| 0.500% due 03/20/2049  | 10483000 | 46418 |
| 0.700% due 12/20/2048  | 9439000 | 44385 |
| 0.700% due 06/20/2051  | 9715000 | 42458 |
| 0.700% due 12/20/2051  | 590000 | 2542 |
| 1.000% due 03/20/2052  | 2860000 | 13365 |
| 1.100% due 09/20/2042  | 9710000 | 56885 |
| 1.300% due 06/20/2052  | 1760000 | 8879 |
| 1.400% due 09/20/2045  | 1330000 | 7793 |
| 1.400% due 03/20/2053  | 1390000 | 7116 |
| 1.500% due 09/20/2043  | 3380000 | 20806 |
| 1.800% due 09/20/2044  | 10720000 | 68387 |
| 1.800% due 03/20/2054  | 9373400 | 52274 |
| 2.000% due 12/20/2044  | 15958000 | 104932 |
| 2.200% due 06/20/2054  | 6332000 | 38698 |
| 2.200% due 03/20/2064  | 10823000 | 60435 |
| 2.300% due 12/20/2054  | 20421000 | 127476 |
| 2.400% due 03/20/2045  | 9271000 | 64813 |
| 2.400% due 03/20/2055  | 11051000 | 70503 |
| **Tokyo Metropolitan Government** <br>0.750% due 07/16/2025 (j) | $45200 | 45125 |
|  |  | 1204190 |
| Total Japan (Cost $1,497,032) |  | 1266731 |
| **JERSEY, CHANNEL ISLANDS 0.3%**  |  |  |
| **ASSET-BACKED SECURITIES 0.3%**  |  |  |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 0.000% due 04/22/2035 •(b)  | $12800 | 12800 |
| 0.000% due 07/15/2035 •(b)  | 5000 | 5004 |
| 5.269% due 04/23/2035 •  | 14400 | 14357 |
| **Capital Four U.S. CLO Ltd.** <br>6.169% due 01/20/2037 •  | 5100 | 5119 |
| **Verdelite Static CLO Ltd.** <br>5.399% due 07/20/2032 •  | 8325 | 8314 |
| Total Jersey, Channel Islands (Cost $45,625) |  | 45594 |
| **LUXEMBOURG 0.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.0%**  |  |  |
| **Logicor Financing SARL** <br>1.625% due 07/15/2027 | 1300 | 1494 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| Total Luxembourg (Cost $1,537) |  | 1494 |
| **MALAYSIA 1.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Petronas Capital Ltd.**  |  |  |
| 3.404% due 04/28/2061  | $4500 | 2939 |
| 4.550% due 04/21/2050  | 3300 | 2799 |
| 4.800% due 04/21/2060  | 4200 | 3617 |
|  |  | 9355 |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **Malaysia Government International Bond**  |  |  |
| 2.632% due 04/15/2031  | 79740 | 18260 |
| 3.519% due 04/20/2028  | 765672 | 183790 |
| 3.582% due 07/15/2032  | 23340 | 5621 |
| **Malaysia Government Investment Issue** <br>4.193% due 10/07/2032 | 125660 | 31314 |
|  |  | 238985 |
| Total Malaysia (Cost $227,122) |  | 248340 |
| **MEXICO 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **Mexico Government International Bond** <br>5.000% due 04/27/2051 | $6100 | 4746 |
| Total Mexico (Cost $5,682) |  | 4746 |
| **NETHERLANDS 0.7%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **ABN AMRO Bank NV** <br>5.515% due 12/03/2035 •  | $15200 | 15494 |
| **American Medical Systems Europe BV**  |  |  |
| 3.000% due 03/08/2031  | 23100 | 27188 |
| 3.250% due 03/08/2034  | 1200 | 1397 |
| **Cooperatieve Rabobank UA**  |  |  |
| 5.447% due 03/05/2030 •  | $41800 | 43121 |
| 5.710% due 01/21/2033 •  | 16100 | 16768 |
| Total Netherlands (Cost $98,497) |  | 103968 |
| **NEW ZEALAND 0.0%**  |  |  |
| **SOVEREIGN ISSUES 0.0%**  |  |  |
| **New Zealand Government International Bond** <br>1.500% due 05/15/2031 | 300 | 159 |
| Total New Zealand (Cost $208) |  | 159 |
| **NIGERIA 0.1%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.1%**  |  |  |
| **Bank of Industry Ltd.**<br>3.695% (EUR003M + 1.700%) due 08/23/2027 ~ | 12100 | 14158 |
| Total Nigeria (Cost $12,627) |  | 14158 |
| **NORWAY 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Kommunalbanken AS** <br>1.900% due 01/19/2027 | 20700 | 13275 |
| Total Norway (Cost $15,075) |  | 13275 |
| **PERU 0.9%**  |  |  |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 2.780% due 12/01/2060  | $4700 | 2537 |
| 3.230% due 07/28/2121  | 3300 | 1779 |
| 5.400% due 08/12/2034  | 32500 | 8685 |
| 6.150% due 08/12/2032  | 173600 | 50691 |
| 6.900% due 08/12/2037  | 237800 | 68419 |
| 6.950% due 08/12/2031  | 15441 | 4739 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| Total Peru (Cost $131,609) |  | 136850 |
| **POLAND 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Republic of Poland Government International Bond**  |  |  |
| 3.875% due 02/14/2033  | 21800 | 26936 |
| 4.250% due 02/14/2043  | 6230 | 7363 |
| 4.625% due 03/18/2029  | $14800 | 15034 |
| 4.875% due 02/12/2030  | 10000 | 10208 |
| 4.875% due 10/04/2033  | 7800 | 7765 |
| 5.125% due 09/18/2034  | 6100 | 6137 |
| 5.375% due 02/12/2035  | 6000 | 6124 |
| 5.500% due 04/04/2053  | 6700 | 6251 |
| Total Poland (Cost $81,116) |  | 85818 |
| **QATAR 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **QatarEnergy**  |  |  |
| 2.250% due 07/12/2031  | $10200 | 8947 |
| 3.125% due 07/12/2041  | 1600 | 1183 |
| 3.300% due 07/12/2051  | 4600 | 3110 |
| Total Qatar (Cost $16,327) |  | 13240 |
| **ROMANIA 1.3%**  |  |  |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 1.375% due 12/02/2029  | 9090 | 9380 |
| 1.750% due 07/13/2030  | 12500 | 12663 |
| 2.000% due 01/28/2032  | 1400 | 1339 |
| 2.000% due 04/14/2033  | 1700 | 1537 |
| 2.124% due 07/16/2031  | 800 | 785 |
| 2.125% due 03/07/2028  | 14800 | 16813 |
| 2.625% due 12/02/2040  | 7700 | 5654 |
| 2.750% due 04/14/2041  | 4445 | 3269 |
| 2.875% due 04/13/2042  | 17900 | 13154 |
| 3.750% due 02/07/2034  | 900 | 907 |
| 5.000% due 09/27/2026  | 7300 | 8843 |
| 5.125% due 09/24/2031  | 38780 | 45151 |
| 5.250% due 03/10/2030  | 13000 | 15654 |
| 5.500% due 09/18/2028  | 9000 | 11057 |
| 5.625% due 05/30/2037  | 13500 | 14989 |
| 6.250% due 09/10/2034  | 4900 | 5830 |
| 6.375% due 09/18/2033  | 10900 | 13235 |
| 6.625% due 09/27/2029  | 13100 | 16645 |
| Total Romania (Cost $202,669) |  | 196905 |
| **SAUDI ARABIA 1.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Saudi Arabian Oil Co.**  |  |  |
| 2.250% due 11/24/2030  | $1200 | 1067 |
| 4.750% due 06/02/2030  | 1300 | 1307 |
| 5.375% due 06/02/2035  | 1300 | 1307 |
| 6.375% due 06/02/2055  | 8300 | 8306 |
|  |  | 11987 |
| **SOVEREIGN ISSUES 1.5%**  |  |  |
| **Saudi Government International Bond**  |  |  |
| 3.250% due 10/22/2030  | 4300 | 4035 |
| 3.375% due 03/05/2032  | 18700 | 21956 |
| 3.750% due 03/05/2037 (j)  | 5700 | 6547 |
| 4.750% due 01/18/2028  | $32100 | 32371 |
| 4.750% due 01/16/2030  | 51500 | 52032 |
| 4.875% due 07/18/2033  | 12400 | 12461 |
| 5.000% due 01/16/2034  | 35500 | 35601 |
| 5.000% due 01/18/2053  | 1000 | 854 |
| 5.125% due 01/13/2028  | 44400 | 45152 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| 5.375% due 01/13/2031  | 27600 | 28644 |
|  |  | 239653 |
| Total Saudi Arabia (Cost $244,914) |  | 251640 |
| **SERBIA 0.3%**  |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.3%**  |  |  |
| **Project Mercury**<br>0.400% - 6.668% (EUR006M + 4.200%) due 08/11/2030 «~ | 25700 | 31264 |
| **Telecom Serbia**<br>3.399% (EUR003M + 1.350%) due 06/11/2029 «~ | 19400 | 22698 |
| Total Serbia (Cost $48,584) |  | 53962 |
| **SINGAPORE 0.9%**  |  |  |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Singapore Government International Bond**  |  |  |
| 2.375% due 07/01/2039  | 10768 | 8521 |
| 2.750% due 03/01/2035  | 62060 | 51073 |
| 3.250% due 06/01/2054  | 84689 | 79288 |
| Total Singapore (Cost $117,021) |  | 138882 |
| **SLOVAKIA 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **365 bank AS** <br>7.125% due 07/04/2028 •  | 10900 | 13796 |
| Total Slovakia (Cost $13,137) |  | 13796 |
| **SOUTH AFRICA 0.9%**  |  |  |
| **SOVEREIGN ISSUES 0.9%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 7.000% due 02/28/2031  | 461300 | 23971 |
| 8.000% due 01/31/2030  | 1044300 | 58007 |
| 8.875% due 02/28/2035  | 1054500 | 55620 |
| Total South Africa (Cost $137,426) |  | 137598 |
| **SOUTH KOREA 1.8%**  |  |  |
| **SOVEREIGN ISSUES 1.8%**  |  |  |
| **Korea Government International Bond**  |  |  |
| 1.375% due 06/10/2030  | 38824610 | 27107 |
| 2.375% due 12/10/2028  | 113568490 | 83746 |
| 2.625% due 06/10/2028  | 226380130 | 168317 |
| Total South Korea (Cost $293,816) |  | 279170 |
| **SPAIN 6.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **CaixaBank SA** <br>6.208% due 01/18/2029 •  | $9700 | 10084 |
| **SOVEREIGN ISSUES 6.3%**  |  |  |
| **Autonomous Community of Catalonia** <br>4.220% due 04/26/2035 | 3500 | 4243 |
| **Spain Government International Bond**  |  |  |
| 0.000% due 01/31/2028 (e)  | 125050 | 139724 |
| 1.450% due 10/31/2071  | 26890 | 14666 |
| 1.900% due 10/31/2052  | 6450 | 5037 |
| 2.400% due 05/31/2028  | 85750 | 101705 |
| 2.500% due 05/31/2027  | 48200 | 57323 |
| 2.700% due 01/31/2030  | 185208 | 220527 |
| 3.150% due 04/30/2035  | 109540 | 128857 |
| 3.200% due 10/31/2035  | 60900 | 71558 |
| 3.450% due 07/30/2066  | 8743 | 9008 |
| 3.500% due 01/31/2041  | 16800 | 19377 |
| 3.550% due 10/31/2033  | 178500 | 218893 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| 5.250% due 04/06/2029  | 900 | 1271 |
|  |  | 992189 |
| Total Spain (Cost $926,266) |  | 1002273 |
| **SUPRANATIONAL 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Inter-American Development Bank** <br>2.500% due 04/14/2027 | 15000 | 9706 |
| Total Supranational (Cost $10,972) |  | 9706 |
| **SWITZERLAND 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.8%**  |  |  |
| **UBS AG** <br>5.000% due 07/09/2027 | $3900 | 3961 |
| **UBS Group AG**  |  |  |
| 3.091% due 05/14/2032 •  | 4800 | 4359 |
| 3.869% due 01/12/2029 •  | 7680 | 7563 |
| 4.282% due 01/09/2028  | 900 | 896 |
| 4.550% due 04/17/2026  | 2600 | 2601 |
| 5.428% due 02/08/2030 •  | 7100 | 7293 |
| 5.617% due 09/13/2030 •  | 11500 | 11944 |
| 5.699% due 02/08/2035 •  | 2200 | 2286 |
| 6.373% due 07/15/2026 •  | 16200 | 16215 |
| 6.442% due 08/11/2028 •  | 4500 | 4677 |
| 6.537% due 08/12/2033 •  | 61000 | 66372 |
| Total Switzerland (Cost $120,226) |  | 128167 |
| **THAILAND 1.2%**  |  |  |
| **SOVEREIGN ISSUES 1.2%**  |  |  |
| **Thailand Government International Bond**  |  |  |
| 2.410% due 03/17/2035  | 435690 | 14369 |
| 2.500% due 11/17/2029  | 4301080 | 138364 |
| 3.775% due 06/25/2032  | 977460 | 34573 |
| Total Thailand (Cost $172,168) |  | 187306 |
| **UNITED ARAB EMIRATES 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC**  |  |  |
| 4.375% due 10/02/2031  | $47100 | 46468 |
| 4.500% due 05/06/2030  | 5200 | 5194 |
| 5.000% due 05/06/2035  | 7400 | 7396 |
| **MDGH GMTN RSC Ltd.** <br>5.500% due 04/28/2033 | 6600 | 6873 |
| Total United Arab Emirates (Cost $65,847) |  | 65931 |
| **UNITED KINGDOM 5.1%**  |  |  |
| **CORPORATE BONDS & NOTES 2.0%**  |  |  |
| **Barclays PLC**  |  |  |
| 5.262% due 01/29/2034 •  | 8200 | 10629 |
| 5.674% due 03/12/2028 •  | $9800 | 9989 |
| 5.690% due 03/12/2030 •  | 18000 | 18629 |
| 6.490% due 09/13/2029 •  | 6600 | 6979 |
| **HSBC Holdings PLC**  |  |  |
| 3.973% due 05/22/2030 •  | 5000 | 4870 |
| 4.041% due 03/13/2028 •  | 4100 | 4068 |
| 4.292% due 09/12/2026 •  | 11000 | 10989 |
| 4.583% due 06/19/2029 •  | 7400 | 7412 |
| 5.597% due 05/17/2028 •  | 16900 | 17223 |
| 5.966% (US0003M + 1.380%) due 09/12/2026 ~  | 9500 | 9526 |
| **Lloyds Banking Group PLC**  |  |  |
| 5.590% due 11/26/2035 •  | 12300 | 12517 |
| 5.721% due 06/05/2030 •  | 28500 | 29607 |
| **Nationwide Building Society** <br>2.972% due 02/16/2028 •  | 13800 | 13479 |
| **NatWest Group PLC**  |  |  |
| 4.892% due 05/18/2029 •  | 300 | 303 |
| 5.076% due 01/27/2030 •  | 5732 | 5818 |
| 5.516% due 09/30/2028 •  | 10500 | 10727 |
| 5.778% due 03/01/2035 •  | 51000 | 52986 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (e) | 33409 | 23775 |
| **Santander U.K. Group Holdings PLC** <br>4.858% due 09/11/2030 •  | 18200 | 18182 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Standard** **Chartered PLC**  |  |  |
| 2.608% due 01/12/2028 •  | 11100 | 10783 |
| 6.187% due 07/06/2027 •  | 18000 | 18278 |
| 6.296% due 07/06/2034 •  | 5400 | 5754 |
| 6.750% due 02/08/2028 •  | 14000 | 14456 |
|  |  | 316979 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.0%**  |  |  |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(i) | 3119 | 3673 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 1.1%**  |  |  |
| **Braccan Mortgage Funding PLC** <br>0.000% due 05/17/2067 •  | 13200 | 18199 |
| **EuroMASTR PLC** <br>4.558% due 06/15/2040 •  | 59 | 79 |
| **Eurosail PLC** <br>2.215% due 12/15/2044 •  | 931 | 1095 |
| **Eurosail-U.K. PLC**  |  |  |
| 5.058% due 09/13/2045 •  | 487 | 664 |
| 5.308% due 06/13/2045 •  | 145 | 199 |
| **Ludgate Funding PLC** <br>2.488% due 01/01/2061 •  | 82 | 93 |
| **Mansard Mortgages PLC** <br>5.008% due 12/15/2049 •  | 1713 | 2334 |
| **Mortimer BTL PLC** <br>4.939% due 06/23/2053 •  | 12710 | 17446 |
| **Newgate Funding PLC**  |  |  |
| 2.568% due 12/01/2050 •  | 2301 | 2548 |
| 2.575% due 12/15/2050 •  | 2883 | 3342 |
| 3.225% due 12/15/2050 •  | 833 | 954 |
| 3.475% due 12/15/2050 •  | 1366 | 1488 |
| 4.558% due 12/15/2050 •  | 1905 | 2481 |
| 4.561% due 12/01/2050 •  | 27 | 36 |
| 5.358% due 12/15/2050 •  | 1833 | 2467 |
| 5.608% due 12/15/2050 •  | 1033 | 1381 |
| **Resloc U.K. PLC**  |  |  |
| 4.518% due 12/15/2043 •  | 294 | 394 |
| 4.578% due 12/15/2043 •  | 506 | 666 |
| **RMAC Securities PLC**  |  |  |
| 2.194% due 06/12/2044 •  | 56 | 64 |
| 4.508% due 06/12/2044 •  | 908 | 1224 |
| 4.528% due 06/12/2044 •  | 2457 | 3296 |
| 4.804% due 06/12/2044 •  | $127 | 124 |
| **Stratton Mortgage Funding PLC** <br>5.139% due 06/28/2050 •  | 5926 | 8142 |
| **Towd Point Mortgage Funding** <br>5.223% due 07/20/2053 •  | 18465 | 25402 |
| **Trinity Square PLC** <br>5.217% due 07/15/2059 ~ | 20707 | 28492 |
| **Warwick Finance Residential Mortgages PLC**  |  |  |
| 0.000% due 12/21/2049 (e)  | 1 | 5685 |
| 5.189% due 12/21/2049 •  | 15197 | 20935 |
| 5.889% due 12/21/2049 •  | 6230 | 8607 |
| 6.389% due 12/21/2049 •  | 3115 | 4272 |
| 6.889% due 12/21/2049 •  | 1780 | 2430 |
| 7.389% due 12/21/2049 •  | 1780 | 2410 |
|  |  | 166949 |
| **SOVEREIGN ISSUES 2.0%**  |  |  |
| **United Kingdom Gilt**  |  |  |
| 0.625% due 10/22/2050  | 38900 | 19642 |
| 1.250% due 07/31/2051  | 47100 | 28284 |
| 1.500% due 07/31/2053  | 29830 | 18593 |
| 1.750% due 01/22/2049  | 28000 | 20577 |
| 4.250% due 12/07/2040  | 40600 | 51661 |
| 4.375% due 07/31/2054  | 123570 | 147023 |
| 5.375% due 01/31/2056  | 22300 | 31091 |
|  |  | 316871 |
| Total United Kingdom (Cost $886,336) |  | 804472 |
| **UNITED STATES 64.7%**  |  |  |
| **ASSET-BACKED SECURITIES 3.0%**  |  |  |
| **ABFC Trust** <br>4.694% due 01/25/2037 •  | $3661 | 2628 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.574% due 11/25/2036 •  | 3738 | 1534 |
| 5.019% due 02/25/2036 •  | 15607 | 13991 |
| **AMRESCO Residential Securities Corp. Mortgage Loan Trust** <br>5.374% due 06/25/2029 •  | 155 | 158 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **AREIT** **Trust** <br>6.556% due 06/17/2039 •  | 8006 | 8011 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>3.723% due 02/25/2034 •  | 149 | 155 |
| **Asset-Backed Securities Corp. Home Equity Loan Trust**  |  |  |
| 5.529% due 02/25/2035 •  | 2332 | 2360 |
| 5.776% due 04/15/2033 •  | 244 | 243 |
| **BDS LLC** <br>6.121% due 03/19/2039 •  | 14201 | 14237 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.234% due 10/27/2032 •  | 4 | 4 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.162% due 10/25/2037  | 771 | 744 |
| 4.494% due 07/25/2045 •  | 177 | 123 |
| 4.734% due 12/25/2036 •  | 5923 | 2138 |
| 4.754% due 12/25/2036 •  | 2159 | 1184 |
| 4.794% due 01/25/2037 •  | 4045 | 2959 |
| 4.884% due 08/25/2036 •  | 11926 | 11697 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.694% due 03/25/2037 •  | 1417 | 1277 |
| 4.824% due 06/25/2037 •  | 1103 | 1101 |
| 4.954% due 03/25/2036 •  | 3647 | 3328 |
| **Consumer Loan Finance**  |  |  |
| 0.000% due 11/25/2054 «(e)  | 2106 | 1131 |
| 5.150% due 11/25/2054  | 6258 | 6282 |
| 5.350% due 11/25/2054  | 9080 | 9216 |
| 5.450% due 11/25/2054  | 2228 | 2258 |
| 5.750% due 11/25/2054  | 1114 | 1131 |
| 6.600% due 11/25/2054  | 1464 | 1483 |
| 8.750% due 11/25/2054  | 834 | 849 |
| **Consumer Loan Finance Issuer Trust**  |  |  |
| 0.000% due 11/25/2054 «(e)  | 1641 | 787 |
| 5.150% due 11/25/2054  | 2800 | 2803 |
| 5.350% due 11/25/2054  | 5260 | 5371 |
| 5.450% due 11/25/2054  | 1454 | 1474 |
| 5.750% due 11/25/2054  | 727 | 738 |
| 6.600% due 11/25/2054  | 915 | 928 |
| 8.750% due 11/25/2054  | 547 | 557 |
| **Countrywide Asset-Backed Certificates** <br>5.114% due 12/25/2036 •  | 203 | 165 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.284% due 12/25/2034 •  | 7567 | 6928 |
| 4.388% due 08/25/2035 ~  | 210 | 197 |
| 4.574% due 08/25/2037 •  | 3258 | 2960 |
| 4.634% due 06/25/2047 •  | 4673 | 4132 |
| 4.694% due 12/25/2036 •  | 817 | 749 |
| 4.714% due 05/25/2035 •  | 1336 | 1309 |
| 4.714% due 06/25/2035 •  | 5052 | 4597 |
| 4.894% due 04/25/2047 •  | 11081 | 9988 |
| 4.914% due 03/25/2036 •  | 757 | 682 |
| 5.409% due 01/25/2036 •  | 11913 | 11734 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>4.562% due 01/25/2032 •  | 11 | 11 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>4.554% due 11/25/2036 •  | 3 | 1 |
| **Elmwood CLO Ltd.** <br>5.463% due 04/22/2035 « | 2500 | 2500 |
| **First Franklin Mortgage Loan Trust** <br>5.334% due 03/25/2034 •  | 3023 | 3068 |
| **FORT CRE Issuer LLC** <br>6.152% due 02/23/2039 •  | 243 | 240 |
| **Fremont Home Loan Trust**  |  |  |
| 4.734% due 10/25/2036 •  | 6144 | 2457 |
| 4.974% due 02/25/2036 •  | 7522 | 6819 |
| **GSAA Home Equity Trust** <br>4.794% due 03/25/2036 •  | 5869 | 1891 |
| **GSAA Trust** <br>5.995% due 03/25/2046 ~ | 785 | 283 |
| **GSAMP Trust**  |  |  |
| 4.694% due 12/25/2046 •  | 7238 | 3844 |
| 4.704% due 03/25/2047 •  | 1148 | 878 |
| **Home Equity Asset Trust** <br>5.034% due 11/25/2032 •  | 2 | 2 |
| **Home Equity Mortgage Loan Asset-Backed Trust**  |  |  |
| 4.604% due 04/25/2037 •  | 3280 | 2320 |
| 4.674% due 04/25/2037 •  | 7002 | 4741 |
| **HSI Asset Securitization Corp. Trust**  |  |  |
| 4.954% due 04/25/2037 •  | 6148 | 3062 |
| 5.049% due 01/25/2036 •  | 4500 | 4303 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.654% due 08/25/2036 •  | 38 | 29 |
| 4.704% due 07/25/2036 •  | 2181 | 1973 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.954% due 08/25/2045 •  | 1983 | 1951 |
| 4.994% due 10/25/2034 •  | 11 | 11 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **MASTR** **Asset-Backed Securities Trust**  |  |  |
| 4.634% due 08/25/2036 •  | 6072 | 2056 |
| 4.734% due 03/25/2036 •  | 545 | 323 |
| 4.734% due 10/25/2036 •  | 10853 | 3543 |
| 4.874% due 10/25/2036 •  | 3229 | 1054 |
| 5.169% due 10/25/2035 •  | 8789 | 8640 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.594% due 09/25/2037 •  | 21 | 4 |
| 4.674% due 02/25/2037 •  | 41 | 12 |
| 5.154% due 05/25/2036 •  | 30 | 30 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 13400 | 13409 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.564% due 10/25/2036 •  | 573 | 508 |
| 4.574% due 05/25/2037 •  | 2468 | 1898 |
| 4.634% due 05/25/2037 •  | 26626 | 15264 |
| 4.734% due 11/25/2036 •  | 8213 | 4652 |
| 4.914% due 06/25/2036 •  | 3349 | 1674 |
| **Morgan Stanley Home Equity Loan Trust**  |  |  |
| 4.604% due 04/25/2037 •  | 8805 | 4568 |
| 4.664% due 04/25/2037 •  | 6482 | 3364 |
| 4.784% due 04/25/2037 •  | 933 | 484 |
| **Morgan Stanley Mortgage Loan Trust** <br>6.419% due 09/25/2046 | 1279 | 277 |
| **Morgan Stanley Structured Trust** <br>4.734% due 06/25/2037 •  | 7249 | 6672 |
| **New Century Home Equity Loan Trust** <br>5.559% due 10/25/2033 •  | 3748 | 3750 |
| **Nomura Home Equity Loan, Inc. Home Equity Loan Trust**  |  |  |
| 4.869% due 03/25/2036 •  | 880 | 880 |
| 5.064% due 02/25/2036 •  | 9436 | 8818 |
| **Nomura Resecuritization Trust** <br>3.851% due 12/26/2037 ~ | 7748 | 6777 |
| **NovaStar Mortgage Funding Trust** <br>4.694% due 03/25/2037 •  | 13561 | 8822 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>4.994% due 12/25/2035 •  | 403 | 397 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.654% due 05/25/2037 •  | 1701 | 1024 |
| 4.714% due 02/25/2037 •  | 11560 | 5475 |
| 5.214% due 02/25/2035 •  | 2242 | 2139 |
| **PRET LLC** <br>4.843% due 09/25/2051 | 16195 | 16147 |
| **Project Panama SPV LLC** <br>7.827% due 12/20/2054 « | 15804 | 15858 |
| **RAAC Trust** <br>4.934% due 02/25/2037 •  | 4115 | 4044 |
| **Renaissance Home Equity Loan Trust**  |  |  |
| 5.294% due 01/25/2037  | 14365 | 4384 |
| 5.675% due 06/25/2037  | 16477 | 4095 |
| 5.731% due 11/25/2036  | 26069 | 8652 |
| **Residential Asset Mortgage Products Trust**  |  |  |
| 4.874% due 12/25/2035 •  | 1391 | 1257 |
| 5.034% due 03/25/2036 •  | 558 | 551 |
| **Residential Asset Securities Corp. Trust** <br>5.274% due 09/25/2034 •  | 429 | 419 |
| **Saxon Asset Securities Trust** <br>6.184% due 12/25/2037 •  | 3881 | 3389 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.694% due 05/25/2037 •  | 154 | 118 |
| 4.774% due 08/25/2036 •  | 1126 | 366 |
| **SMB Private Education Loan Trust**  |  |  |
| 3.940% due 02/16/2055  | 12202 | 11887 |
| 5.754% due 02/16/2055 •  | 1332 | 1343 |
| **SoFi Consumer Loan Program Trust**  |  |  |
| 0.000% due 03/27/2034 «(e)  | 4019 | 5276 |
| 4.910% due 03/27/2034 «  | 37064 | 37020 |
| 5.250% due 03/27/2034 «  | 3796 | 3788 |
| 5.770% due 03/27/2034 «  | 2944 | 2934 |
| 6.260% due 03/27/2034 «  | 2177 | 2178 |
| **Soundview Home Loan Trust**  |  |  |
| 4.554% due 11/25/2036 •  | 32 | 9 |
| 4.839% due 12/25/2036 •  | 5649 | 5623 |
| 4.934% due 11/25/2036 •  | 6872 | 6507 |
| **Structured Asset Investment Loan Trust** <br>5.384% due 07/25/2033 •  | 2488 | 2429 |
| **Structured Asset Securities Corp. Mortgage Loan Trust**  |  |  |
| 4.594% due 03/25/2036 •  | 1009 | 982 |
| 4.664% due 05/25/2047 •  | 2263 | 2214 |
| 4.874% due 12/25/2036 •  | 19167 | 17791 |
| **WaMu Asset-Backed Certificates WaMu Trust** <br>4.724% due 05/25/2037 •  | 3726 | 3312 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Wells** **Fargo Home Equity Asset-Backed Securities Trust** <br>4.779% due 01/25/2037 •  | 12278 | 12218 |
|  |  | 468010 |
| **CORPORATE BONDS & NOTES 5.7%**  |  |  |
| **Bank of America Corp.**  |  |  |
| 3.261% due 01/28/2031 •  | 3400 | 4035 |
| 5.162% due 01/24/2031 •  | $49300 | 50543 |
| 5.202% due 04/25/2029 •  | 4500 | 4600 |
| 5.468% due 01/23/2035 •  | 11000 | 11305 |
| 5.511% due 01/24/2036 •  | 21600 | 22218 |
| **Bayer U.S. Finance LLC** <br>4.250% due 12/15/2025 | 10300 | 10272 |
| **Blackstone Holdings Finance Co. LLC** <br>3.500% due 06/01/2034 | 12200 | 14465 |
| **Bristol-Myers Squibb Co.** <br>5.200% due 02/22/2034 | $14300 | 14651 |
| **Broadcom, Inc.** <br>2.450% due 02/15/2031 | 100 | 89 |
| **Charter Communications Operating LLC**  |  |  |
| 3.750% due 02/15/2028  | 99 | 97 |
| 3.900% due 06/01/2052  | 6400 | 4396 |
| 3.950% due 06/30/2062  | 8700 | 5610 |
| **Citigroup, Inc.**  |  |  |
| 4.542% due 09/19/2030 •  | 54200 | 53966 |
| 5.174% due 02/13/2030 •  | 20900 | 21328 |
| 5.449% due 06/11/2035 •  | 23200 | 23707 |
| **Credit Suisse AG AT1 Claim**  | 16825 | 2019 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 3800 | 3385 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 2.700% due 08/10/2026  | 1900 | 1850 |
| 2.900% due 02/16/2028  | 900 | 844 |
| 3.375% due 11/13/2025  | 21100 | 20961 |
| **GA Global Funding Trust**  |  |  |
| 2.250% due 01/06/2027  | 7400 | 7147 |
| 5.900% due 01/13/2035  | 10500 | 10657 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 3.500% due 01/23/2033 •  | 10500 | 12478 |
| 5.016% due 10/23/2035 •  | $32850 | 32467 |
| 5.330% due 07/23/2035 •  | 10400 | 10495 |
| 5.498% due 02/24/2028 ~  | 2600 | 2609 |
| 5.536% due 01/28/2036 •  | 14700 | 15080 |
| 5.727% due 04/25/2030 •  | 15000 | 15618 |
| 6.484% due 10/24/2029 •  | 15200 | 16126 |
| **JPMorgan Chase & Co.**  |  |  |
| 4.603% due 10/22/2030 •  | 15000 | 15054 |
| 4.995% due 07/22/2030 •  | 6700 | 6824 |
| 5.012% due 01/23/2030 •  | 42000 | 42783 |
| 6.087% due 10/23/2029 •  | 20900 | 21971 |
| **Las Vegas Sands Corp.** <br>5.900% due 06/01/2027 | 13900 | 14208 |
| **Marvell Technology, Inc.** <br>1.650% due 04/15/2026 | 6400 | 6256 |
| **Morgan Stanley**  |  |  |
| 2.475% due 01/21/2028 •  | 2600 | 2525 |
| 2.664% due 03/19/2027 ~  | 26200 | 30924 |
| 3.790% due 03/21/2030 •  | 21900 | 26575 |
| 3.955% due 03/21/2035 •  | 28400 | 34235 |
| 4.654% due 10/18/2030 •  | $27600 | 27658 |
| 5.173% due 01/16/2030 •  | 40100 | 40948 |
| 5.320% due 07/19/2035 •  | 10800 | 10936 |
| 5.466% due 01/18/2035 •  | 7700 | 7881 |
| 6.407% due 11/01/2029 •  | 15700 | 16632 |
| **Organon & Co.** <br>4.125% due 04/30/2028 | 3700 | 3561 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | 200 | 189 |
| 3.500% due 08/01/2050  | 500 | 321 |
| 3.950% due 12/01/2047  | 900 | 636 |
| 4.000% due 12/01/2046  | 800 | 574 |
| 4.250% due 03/15/2046  | 500 | 373 |
| 4.300% due 03/15/2045  | 600 | 453 |
| 4.400% due 03/01/2032  | 2500 | 2347 |
| 4.500% due 07/01/2040  | 300 | 250 |
| 4.550% due 07/01/2030  | 600 | 586 |
| 4.600% due 06/15/2043  | 1100 | 873 |
| 4.750% due 02/15/2044  | 1207 | 983 |
| 4.950% due 07/01/2050  | 100 | 81 |
| 5.700% due 03/01/2035  | 2300 | 2281 |
| **Philip Morris International, Inc.**  |  |  |
| 2.750% due 06/06/2029  | 25900 | 30309 |
| 4.875% due 02/13/2029  | $13000 | 13234 |
| **Santander Holdings USA, Inc.** <br>6.124% due 05/31/2027 •  | 18300 | 18509 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Wells** **Fargo & Co.**  |  |  |
| 4.808% due 07/25/2028 •  | 7500 | 7565 |
| 4.897% due 07/25/2033 •  | 10000 | 10005 |
| 5.198% due 01/23/2030 •  | 16100 | 16495 |
| 5.211% due 12/03/2035 •  | 38000 | 38161 |
| 5.389% due 04/24/2034 •  | 20200 | 20677 |
| 5.499% due 01/23/2035 •(j)  | 15000 | 15389 |
| 6.303% due 10/23/2029 •  | 13600 | 14376 |
|  |  | 896656 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Charter Communications Operating LLC**<br>6.548% (TSFR3M + 2.250%) due 12/15/2031 ~ | 12624 | 12658 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(i) | 5200 | 5200 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | 7500 | 7609 |
|  |  | 25467 |
| **MUNICIPAL BONDS & NOTES 0.1%**  |  |  |
| **American Municipal Power, Inc., Ohio Revenue Bonds, Series 2010** <br>7.834% due 02/15/2041 | 100 | 119 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021** <br>3.487% due 06/01/2036 | 7700 | 6427 |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021**  |  |  |
| 2.332% due 06/01/2027  | 5000 | 4803 |
| 2.532% due 06/01/2028  | 3300 | 3119 |
| **Texas Natural Gas Securitization Finance Corp. Series 2023** <br>5.102% due 04/01/2035 | 7944 | 8129 |
|  |  | 22597 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 4.0%**  |  |  |
| **ACRA Trust** <br>5.608% due 10/25/2064 þ | 2794 | 2798 |
| **Adjustable Rate Mortgage Trust** <br>5.460% due 09/25/2035 ~ | 35 | 31 |
| **American Home Mortgage Assets Trust** <br>4.624% due 05/25/2046 •  | 109 | 96 |
| **Angel Oak Mortgage Trust** <br>4.750% due 09/26/2067 | 9529 | 9460 |
| **BAMLL Commercial Mortgage Securities Trust**  |  |  |
| 3.109% due 04/25/2050 «  | 28821 | 27744 |
| 3.109% due 08/25/2052 «  | 10000 | 8726 |
| 5.476% due 09/15/2038 •  | 15200 | 14536 |
| **Banc of America Funding Trust**  |  |  |
| 2.371% due 03/20/2036 ~  | 24 | 23 |
| 4.621% due 10/20/2046 ~  | 27 | 23 |
| 5.078% due 01/20/2047 ~  | 41 | 36 |
| 5.500% due 01/25/2036  | 11 | 11 |
| 6.000% due 03/25/2037  | 110 | 83 |
| 6.249% due 02/20/2036 ~  | 251 | 240 |
| 6.619% due 11/20/2034 ~  | 113 | 111 |
| **Banc of America Mortgage Trust**  |  |  |
| 4.975% due 04/25/2035 ~  | 49 | 48 |
| 5.442% due 06/25/2035 ~  | 42 | 38 |
| 5.625% due 09/25/2035 ~  | 9 | 8 |
| **BCAP LLC Trust**  |  |  |
| 5.179% due 01/26/2047 •  | 100 | 99 |
| 5.250% due 02/26/2036 ~  | 413 | 157 |
| 5.250% due 04/26/2037  | 677 | 379 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.000% due 05/25/2034 ~  | 27 | 25 |
| 5.513% due 07/25/2034 ~  | 12 | 12 |
| 5.785% due 02/25/2034 ~  | 4 | 4 |
| 6.159% due 10/25/2033 ~  | 13 | 13 |
| 6.339% due 11/25/2034 ~  | 1 | 1 |
| 6.896% due 05/25/2034 ~  | 32 | 31 |
| 7.105% due 01/25/2035 ~  | 55 | 57 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.180% due 08/25/2036 ~  | 555 | 373 |
| 4.192% due 08/25/2036 ~  | 843 | 386 |
| 4.333% due 11/25/2036 ~  | 203 | 93 |
| 4.810% due 08/25/2036 ~  | 110 | 70 |
| 4.905% due 09/25/2035 ~  | 1389 | 798 |
| 4.907% due 11/25/2035 ~  | 29 | 22 |
| 5.174% due 01/25/2036 ~  | 54 | 51 |
| **Bear Stearns Structured Products, Inc. Trust** <br>4.120% due 12/26/2046 ~ | 20 | 16 |
| **Chase Mortgage Finance Trust**  |  |  |
| 4.939% due 07/25/2037 ~  | 329 | 269 |
| 6.550% due 02/25/2037 ~  | 43 | 43 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.664% due 05/25/2036 •  | 254 | 242 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **CIM** **Trust** <br>5.500% due 08/25/2064 ~ | 5902 | 5959 |
| **Citicorp Mortgage Securities Trust** <br>6.000% due 04/25/2037 | 26 | 23 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 3.000% due 11/27/2051 ~  | 32130 | 27391 |
| 4.742% due 03/25/2037 ~  | 131 | 127 |
| 4.783% due 09/25/2037 ~  | 245 | 226 |
| 5.483% due 07/25/2046 ~  | 309 | 292 |
| 5.988% due 08/25/2035 ~  | 5 | 5 |
| 6.490% due 05/25/2035 •  | 7 | 7 |
| **Citigroup Mortgage Loan Trust, Inc. Mortgage Pass-Through Certificates** <br>4.841% due 09/25/2035 ~ | 653 | 587 |
| **COLT Mortgage Loan Trust** <br>4.156% due 02/25/2067 ~ | 8774 | 8392 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.622% due 09/20/2046 •  | 684 | 702 |
| 4.714% due 04/25/2047 •  | 440 | 405 |
| 4.784% due 05/25/2037 •  | 311 | 96 |
| 4.814% due 09/25/2046 •  | 226 | 220 |
| 4.819% due 02/25/2037 ~  | 46 | 41 |
| 4.834% due 09/25/2035 •  | 96 | 55 |
| 4.852% due 03/20/2046 •  | 34 | 32 |
| 4.852% due 05/20/2046 •  | 309 | 274 |
| 4.852% due 07/20/2046 •  | 222 | 187 |
| 4.854% due 07/25/2046 •  | 22 | 19 |
| 4.884% due 09/25/2035 •  | 842 | 512 |
| 4.994% due 02/25/2037 •  | 126 | 107 |
| 5.000% due 11/25/2035  | 2988 | 1571 |
| 5.250% due 06/25/2035  | 59 | 44 |
| 5.649% due 11/25/2047 •  | 1057 | 940 |
| 5.779% due 11/25/2047 •  | 2457 | 2184 |
| 5.799% due 08/25/2035 •  | 118 | 113 |
| 5.899% due 11/25/2035 •  | 97 | 87 |
| 6.250% due 08/25/2037  | 282 | 130 |
| 6.439% due 11/25/2035 •  | 94 | 87 |
| 6.500% due 08/25/2032  | 2 | 2 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.252% due 03/25/2037 ~  | 74 | 63 |
| 4.300% due 09/20/2036 ~  | 60 | 53 |
| 4.376% due 02/25/2047 ~  | 94 | 82 |
| 4.517% due 05/20/2036 ~  | 146 | 135 |
| 4.623% due 04/20/2036 ~  | 2031 | 1841 |
| 4.974% due 03/25/2035 •  | 172 | 160 |
| 5.014% due 04/25/2035 •  | 206 | 196 |
| 5.074% due 03/25/2035 •  | 191 | 179 |
| 5.094% due 02/25/2035 •  | 5 | 4 |
| 5.138% due 11/25/2034 ~  | 175 | 168 |
| 6.000% due 08/25/2037  | 970 | 438 |
| 7.210% due 02/20/2036 •  | 157 | 145 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 2.500% due 07/25/2056 ~  | 2530 | 2072 |
| 5.826% due 07/15/2038 •  | 4800 | 4332 |
| 6.421% due 10/25/2037 ~  | 1256 | 730 |
| **Deutsche Alt-A Securities Mortgage Loan Trust**  |  |  |
| 4.714% due 07/25/2047 •  | 222 | 207 |
| 4.814% due 08/25/2047 •  | 5683 | 4875 |
| 5.934% due 10/25/2047 •  | 2502 | 1916 |
| **DSLA Mortgage Loan Trust** <br>5.072% due 07/19/2045 •  | 3 | 0 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | 22044 | 22063 |
| **First Horizon Mortgage Pass-Through Trust** <br>6.431% due 08/25/2035 ~ | 43 | 31 |
| **GCAT Trust** <br>3.000% due 04/25/2052 ~ | 14287 | 12144 |
| **GreenPoint Mortgage Funding Trust**  |  |  |
| 4.794% due 01/25/2037 •  | 246 | 225 |
| 4.854% due 04/25/2036 •  | 158 | 140 |
| 4.974% due 11/25/2045 •  | 39 | 37 |
| **GreenPoint Mortgage Pass-Through Certificates** <br>7.182% due 10/25/2033 ~ | 3 | 3 |
| **GS Mortgage-Backed Securities Trust**  |  |  |
| 2.500% due 12/25/2051 ~  | 5429 | 4431 |
| 2.500% due 04/25/2052 ~  | 6748 | 5510 |
| 3.000% due 09/25/2052 ~  | 31852 | 27154 |
| 3.750% due 10/25/2057  | 1903 | 1859 |
| 3.900% due 09/25/2061  | 4524 | 4401 |
| 4.100% due 07/25/2065  | 7700 | 7413 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.299% due 05/25/2035 ~  | 45 | 33 |
| 4.429% due 11/25/2035 ~  | 75 | 66 |
| 4.664% due 05/25/2037 •  | 2548 | 1207 |
| 5.283% due 04/25/2035 ~  | 8 | 8 |
| 5.293% due 09/25/2035 ~  | 61 | 59 |
| 5.880% due 03/25/2033 •  | 9 | 9 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| 6.922% due 01/25/2035 ~  | 53 | 51 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.812% due 09/19/2037 •  | 355 | 306 |
| 4.824% due 07/19/2035 ~  | 52 | 39 |
| 4.912% due 03/19/2036 •  | 53 | 49 |
| **HomeBanc Mortgage Trust** <br>4.705% due 04/25/2037 ~ | 355 | 321 |
| **Impac CMB Trust**  |  |  |
| 5.154% due 10/25/2034 •  | 89 | 88 |
| 5.214% due 10/25/2034 •  | 23 | 23 |
| **IndyMac IMSC Mortgage Loan Trust** <br>4.794% due 07/25/2047 •  | 1318 | 866 |
| **IndyMac INDA Mortgage Loan Trust**  |  |  |
| 3.795% due 08/25/2036 ~  | 257 | 201 |
| 5.373% due 11/25/2035 ~  | 28 | 29 |
| **IndyMac INDB Mortgage Loan Trust** <br>5.034% due 11/25/2035 •  | 111 | 63 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.803% due 03/25/2036 ~  | 3005 | 2155 |
| 4.089% due 09/25/2035 ~  | 3071 | 2529 |
| 4.588% due 12/25/2034 ~  | 24 | 23 |
| 4.734% due 06/25/2037 •  | 268 | 95 |
| 4.814% due 09/25/2046 •  | 1391 | 1254 |
| 4.914% due 06/25/2037 •  | 236 | 219 |
| 4.934% due 02/25/2037 •  | 437 | 291 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.914% due 10/25/2036 •  | 6022 | 5454 |
| 5.500% due 11/25/2036 ~  | 6 | 3 |
| 5.593% due 12/25/2035 ~  | 3083 | 2141 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.000% due 03/25/2052 ~  | 51160 | 43741 |
| 3.000% due 05/25/2052 ~  | 66256 | 56649 |
| 5.000% due 05/25/2052 •  | 10566 | 9872 |
| 5.537% due 02/25/2036 ~  | 152 | 101 |
| 5.677% due 09/25/2035 ~  | 26 | 24 |
| 5.823% due 07/25/2035 ~  | 31 | 30 |
| 5.952% due 11/25/2033 ~  | 9 | 9 |
| 5.996% due 10/25/2035 ~  | 2 | 2 |
| **Luminent Mortgage Trust** <br>4.774% due 12/25/2036 •  | 790 | 721 |
| **Manhattan West Mortgage Trust** <br>2.130% due 09/10/2039 | 23200 | 21952 |
| **MASTR Adjustable Rate Mortgages Trust** <br>4.644% due 04/25/2046 •  | 560 | 515 |
| **MASTR Alternative Loan Trust**  |  |  |
| 4.834% due 03/25/2036 •  | 370 | 35 |
| 6.000% due 03/25/2036  | 610 | 536 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Trust**  |  |  |
| 4.906% due 06/15/2030 •  | 3 | 3 |
| 5.137% due 10/20/2029 •  | 3 | 2 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.744% due 06/25/2035 ~  | 50 | 48 |
| 4.854% due 02/25/2036 •  | 147 | 144 |
| 4.934% due 11/25/2035 •  | 161 | 154 |
| 6.247% due 02/25/2033 ~  | 18 | 17 |
| **MFA Trust**  |  |  |
| 1.381% due 04/25/2065 ~  | 3977 | 3861 |
| 1.947% due 04/25/2065 ~  | 1644 | 1595 |
| **Morgan Stanley Capital Trust** <br>5.595% due 12/15/2038 •  | 22800 | 21946 |
| **Morgan Stanley Residential Mortgage Loan Trust** <br>4.000% due 06/25/2064 | 4015 | 3888 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 11314 | 10870 |
| 2.750% due 11/25/2059 ~  | 10695 | 10255 |
| 6.864% due 10/25/2063  | 11002 | 11120 |
| **New York Mortgage Trust Loan Trust** <br>5.379% due 06/25/2069 ~ | 3005 | 3004 |
| **OBX Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 29975 | 25507 |
| 5.949% due 02/25/2063 þ  | 6273 | 6284 |
| 6.120% due 11/25/2062 ~  | 5510 | 5508 |
| **PMT Loan Trust** <br>2.500% due 07/25/2051 ~ | 9964 | 8158 |
| **PRPM LLC** <br>4.000% due 11/25/2054 | 3737 | 3630 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.584% due 02/25/2047 •  | 1129 | 345 |
| 4.794% due 07/25/2036 •  | 10712 | 3477 |
| 4.834% due 12/25/2046 •  | 419 | 367 |
| 4.854% due 04/25/2046 •  | 39 | 10 |
| 4.974% due 05/25/2046 •  | 148 | 123 |
| 5.397% due 10/25/2037 ~  | 2589 | 2083 |
| 6.000% due 06/25/2036  | 302 | 248 |
| 6.250% due 02/25/2037  | 5509 | 4569 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| **Residential** **Asset Securitization Trust**  |  |  |
| 4.834% due 01/25/2046 •  | 89 | 25 |
| 5.750% due 02/25/2036  | 3538 | 2420 |
| 6.500% due 08/25/2036  | 571 | 160 |
| **Residential Funding Mortgage Securities, Inc. Trust**  |  |  |
| 5.871% due 09/25/2035 ~  | 129 | 82 |
| 6.500% due 03/25/2032  | 11 | 11 |
| **Sequoia Mortgage Trust**  |  |  |
| 4.478% due 09/20/2046 ~  | 1111 | 629 |
| 7.373% due 04/20/2035 ~  | 11 | 11 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.556% due 09/25/2036 ~  | 287 | 195 |
| 4.728% due 08/25/2035 ~  | 137 | 120 |
| 6.174% due 04/25/2034 ~  | 2 | 2 |
| 6.525% due 02/25/2034 ~  | 20 | 20 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.814% due 06/25/2036 •  | 13 | 12 |
| 4.854% due 05/25/2036 •  | 197 | 137 |
| 4.874% due 05/25/2036 •  | 1324 | 1086 |
| 4.874% due 09/25/2047 •  | 1340 | 1188 |
| 4.954% due 05/25/2046 •  | 28 | 17 |
| 5.012% due 07/19/2034 •  | 2 | 1 |
| 5.034% due 08/25/2036 •  | 813 | 591 |
| 5.054% due 12/25/2035 •  | 3 | 2 |
| 5.899% due 08/25/2047 •  | 667 | 563 |
| **Structured Asset Securities Corp.** <br>4.714% due 01/25/2036 •  | 751 | 626 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>4.724% due 10/25/2036 •  | 5217 | 4365 |
| **Thornburg Mortgage Securities Trust**  |  |  |
| 5.631% due 10/25/2043 ~  | 18 | 17 |
| 5.684% due 06/25/2037 •  | 207 | 192 |
| 5.949% due 06/25/2037 •  | 1355 | 1153 |
| 5.999% due 06/25/2037 •  | 3166 | 2704 |
| 5.999% due 06/25/2047 •  | 390 | 360 |
| 6.049% due 03/25/2037 •  | 243 | 171 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 12303 | 11187 |
| 2.710% due 01/25/2060 ~  | 8639 | 8300 |
| 2.900% due 10/25/2059 ~  | 36219 | 34803 |
| 4.435% due 10/27/2064 ~  | 8289 | 8333 |
| 5.434% due 05/25/2058 •  | 2981 | 3053 |
| **UWM Mortgage Trust** <br>3.000% due 01/25/2052 ~ | 6330 | 5386 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.068% due 12/25/2046 •  | 49 | 43 |
| 4.182% due 02/27/2034 •  | 41 | 39 |
| 4.385% due 04/25/2035 ~  | 65 | 63 |
| 4.434% due 09/25/2036 ~  | 1047 | 895 |
| 4.449% due 02/25/2037 ~  | 2015 | 1801 |
| 4.688% due 12/25/2035 ~  | 97 | 90 |
| 4.983% due 10/25/2035 ~  | 101 | 92 |
| 4.994% due 11/25/2045 •  | 1352 | 1269 |
| 5.054% due 01/25/2045 •  | 54 | 54 |
| 5.072% due 08/25/2046 ~  | 578 | 525 |
| 5.174% due 11/25/2034 •  | 193 | 186 |
| 5.379% due 06/25/2046 •  | 289 | 270 |
| 5.399% due 02/25/2046 •  | 706 | 645 |
| 5.782% due 06/25/2033 ~  | 11 | 11 |
| 5.899% due 10/25/2046 •  | 433 | 406 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.814% due 07/25/2046 •  | 2146 | 1819 |
| 5.169% due 04/25/2047 •  | 4480 | 3669 |
| 5.239% due 05/25/2047 •  | 11 | 14 |
| 5.339% due 07/25/2046 •  | 265 | 162 |
| **Wells Fargo Commercial Mortgage Trust** <br>3.862% due 12/15/2039 | 18800 | 17979 |
|  |  | 617916 |
|  | SHARES |  |
| **PREFERRED SECURITIES 0.1%**  |  |  |
| **Farm Credit Bank of Texas**<br>5.700% due 09/15/2025 •(g) | 10000000 | 9994 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. GOVERNMENT AGENCIES 44.3%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.000% due 03/01/2060 | $9020 | 7778 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| 3.500% due 01/01/2059 | 16535 | 14798 |
| 4.556% due 03/25/2034 •  | 3 | 3 |
| 4.820% due 06/25/2036 •  | 123 | 122 |
| 4.920% due 10/25/2040 •  | 67 | 67 |
| 5.455% due 03/25/2055 •  | 17667 | 17670 |
| 5.465% due 03/25/2055 •  | 8866 | 8869 |
| 5.696% due 06/01/2043 •  | 9 | 9 |
| 5.805% due 12/25/2054 •  | 31322 | 31577 |
| 6.000% due 04/25/2043 - 07/25/2044 | 342 | 351 |
| 6.009% due 12/01/2034 •  | 24 | 24 |
| 6.125% due 06/01/2035 •  | 62 | 63 |
| 6.460% due 04/01/2032 •  | 4 | 4 |
| 6.633% due 12/01/2030 •  | 2 | 2 |
| 7.037% due 11/01/2034 •  | 159 | 165 |
| **Freddie Mac**  |  |  |
| 2.053% due 01/15/2038 ~(a) | 1725 | 89 |
| 4.814% due 01/15/2038 •  | 1725 | 1702 |
| 4.898% due 10/15/2040 •  | 697 | 690 |
| 5.018% due 12/15/2037 •  | 76 | 76 |
| 5.245% due 11/25/2054 •  | 15195 | 15164 |
| 5.305% due 02/25/2055 •  | 9943 | 9956 |
| 5.455% due 03/25/2055 •  | 33760 | 33785 |
| 5.599% due 10/25/2044 - 02/25/2045 •  | 557 | 512 |
| 5.705% due 03/25/2055 •  | 11747 | 11802 |
| 6.000% due 12/01/2033 | 113 | 115 |
| 7.355% due 09/01/2035 •  | 4 | 4 |
| **Ginnie Mae**  |  |  |
| 3.000% due 07/20/2046 - 12/20/2052 | 128454 | 113771 |
| 3.500% due 12/20/2052 - 05/20/2055 | 1316 | 1199 |
| 4.875% (H15T1Y + 1.500%) due 05/20/2026 ~ | 1 | 1 |
| 4.875% due 04/20/2027 - 05/20/2030 •  | 25 | 25 |
| 5.000% due 08/20/2027 - 05/20/2030 •  | 11 | 11 |
| 5.302% due 12/20/2073 •  | 11330 | 11371 |
| 6.000% due 08/20/2034 | 1856 | 1877 |
| **Ginnie Mae, TBA**  |  |  |
| 2.500% due 08/01/2055 | 68878 | 58529 |
| 3.000% due 07/01/2055 - 08/01/2055 | 382000 | 337871 |
| 3.500% due 07/01/2055 | 618420 | 562309 |
| 6.500% due 07/01/2055 - 09/01/2055 | 370300 | 379432 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 01/01/2051 - 02/01/2051 | 8574 | 7151 |
| 3.000% due 10/01/2049 - 06/01/2051 | 21109 | 18324 |
| 3.500% due 04/01/2027 - 07/01/2050 | 24282 | 22411 |
| 4.000% due 06/01/2038 - 08/01/2053 | 12708 | 11931 |
| 4.500% due 07/01/2052 | 1892 | 1816 |
| 5.500% due 06/01/2053 - 01/01/2055 | 134146 | 134344 |
| 6.000% due 12/01/2053 - 10/01/2054 | 536461 | 546197 |
| 6.500% due 08/01/2053 - 06/01/2055 | 1055549 | 1091684 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 52700 | 45609 |
| 4.000% due 08/01/2055 | 79700 | 74102 |
| 5.000% due 07/01/2055 - 08/01/2055 | 1469900 | 1439847 |
| 6.000% due 07/01/2055 - 08/01/2055 | 539520 | 547784 |
| 6.500% due 07/01/2055 - 09/01/2055 | 1311415 | 1352207 |
|  |  | 6915200 |
| **U.S. TREASURY OBLIGATIONS 7.3%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.875% due 02/15/2041 (n) | 14700 | 10116 |
| 2.250% due 08/15/2049 (l)(n) | 39750 | 24948 |
| 2.375% due 11/15/2049 (l)(n) | 9225 | 5936 |
| 3.000% due 02/15/2048 (l)(n) | 34100 | 25347 |
| 3.000% due 08/15/2048 (n) | 8550 | 6326 |
| 3.000% due 02/15/2049 (n) | 375 | 276 |
| 3.375% due 11/15/2048 (l)(n) | 72400 | 57295 |
| 4.125% due 08/15/2044 (l)(n) | 87750 | 80418 |
| 4.500% due 11/15/2054 | 343300 | 327262 |
| 4.625% due 02/15/2055 (l)(n) | 213900 | 208285 |
| **U.S. Treasury Inflation Protected Securities (f)** |  |  |
| 0.125% due 10/15/2025 (f)(l) | 5563 | 5544 |
| 0.125% due 07/15/2031 (f)(l) | 55052 | 50681 |
| 0.125% due 01/15/2032 (f)(l) | 52187 | 47320 |
| 0.500% due 01/15/2028 (f)(l) | 90897 | 89221 |
| 0.625% due 07/15/2032 (f)(l) | 35438 | 33070 |
| 1.125% due 01/15/2033 (f)(l) | 103106 | 98571 |
| 2.375% due 01/15/2027 (f)(l) | 6680 | 6793 |
| 2.500% due 01/15/2029 (f)(l) | 37574 | 39104 |
| 3.875% due 04/15/2029 (f)(l) | 14634 | 15980 |
| **U.S. Treasury Notes**  |  |  |
| 3.500% due 02/15/2033 (n) | 4970 | 4792 |
| 4.000% due 02/29/2028 (l)(n) | 10200 | 10279 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
|  |  | 1147564 |
| Total United States (Cost $10,156,323) |  | 10103404 |
| **SHORT-TERM INSTRUMENTS 1.5%**  |  |  |
| **COMMERCIAL PAPER 0.7%**  |  |  |
| **Air Lease Corp.**  |  |  |
| 4.820% due 07/02/2025 (b)  | $950 | 950 |
| 4.850% due 07/15/2025  | 3800 | 3792 |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.610% due 07/10/2025  | 2750 | 2746 |
| 4.630% due 07/07/2025  | 5600 | 5595 |
| 4.630% due 07/09/2025  | 2200 | 2197 |
| 4.640% due 07/29/2025  | 2500 | 2491 |
| **Amrize Finance U.S. LLC**  |  |  |
| 4.670% due 07/15/2025  | 1600 | 1597 |
| 4.670% due 07/16/2025  | 500 | 499 |
| **Canadian Natural Resources Ltd.**  |  |  |
| 4.830% due 07/11/2025  | 2150 | 2147 |
| 4.870% due 07/25/2025 (b)  | 1850 | 1844 |
| 4.900% due 08/06/2025 (b)  | 11400 | 11344 |
| **CBRE Services, Inc.**  |  |  |
| 4.640% due 07/24/2025  | 13800 | 13756 |
| 4.690% due 07/10/2025  | 6750 | 6741 |
| 4.710% due 07/10/2025  | 6350 | 6342 |
| **CVS Health Corp.**  |  |  |
| 4.920% due 07/14/2025  | 8200 | 8184 |
| 4.920% due 07/15/2025  | 1800 | 1796 |
| **Enbridge U.S., Inc.**  |  |  |
| 4.600% due 07/11/2025  | 1850 | 1847 |
| 4.600% due 07/21/2025  | 1300 | 1297 |
| **Equifax, Inc.** <br>4.620% due 07/17/2025 | 1650 | 1646 |
| **Global Payments, Inc.** <br>5.000% due 07/01/2025 | 2000 | 2000 |
| **Harley-Davidson Financial Services, Inc.** <br>5.070% due 08/04/2025 | 100 | 100 |
| **HCA, Inc.**  |  |  |
| 4.950% due 08/14/2025  | 6150 | 6112 |
| 4.950% due 08/15/2025  | 5200 | 5167 |
| 5.000% due 08/22/2025  | 850 | 844 |
| **Intercontinental Exchange, Inc.** <br>4.600% due 07/02/2025 | 1650 | 1650 |
| **JABIL, Inc.**  |  |  |
| 4.850% due 07/14/2025  | 850 | 848 |
| 4.860% due 07/02/2025  | 400 | 400 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.650% due 07/09/2025  | 1650 | 1648 |
| 4.650% due 07/14/2025  | 900 | 898 |
| 4.720% due 07/14/2025  | 3550 | 3544 |
| 4.720% due 07/16/2025  | 1150 | 1148 |
| **Mondelez International, Inc.** <br>4.570% due 08/11/2025 | 5680 | 5650 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 4.600% due 08/19/2025  | 1150 | 1143 |
| 4.610% due 08/25/2025 (b)  | 1800 | 1787 |
| 4.610% due 08/28/2025 (b)  | 250 | 248 |
| **ONEOK, Inc.** <br>4.600% due 07/11/2025 | 500 | 499 |
|  |  | 110497 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (h) | 421776 | 422 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 0.2%**  |  |  |
| 31.596% due 11/04/2025 - 06/26/2026 (d)(e) | 75611394 | 40090 |
| **U.S. TREASURY BILLS 0.6%**  |  |  |
| 4.354% due 07/10/2025 - 10/21/2025 (d)(e)(l)(n) | $100205 | 99854 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 177 | 222 |
| Total Short-Term Instruments (Cost $248,759) |  | 250863 |
| Total Investments in Securities (Cost $19,619,663) |  | 19602298 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 6.3%**  |  |  |
| **SHORT-TERM INSTRUMENTS 6.3%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 6.3%**  |  |  |
| **PIMCO Short Asset Portfolio** | 75539650 | 739986 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 25077391 | 244179 |
| Total Short-Term Instruments (Cost $994,858) |  | 984165 |
| Total Investments in Affiliates (Cost $994,858) |  | 984165 |
| Total Investments 131.8% (Cost $20,614,521) |  | $20586463 |
| **Financial Derivative Instruments (k)(m) (1.6)**%(Cost or Premiums, net $4,291) |  | (254988) |
| Other Assets and Liabilities, net (30.2)% |  | (4716946) |
| Net Assets 100.0% |  | $15614529 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 58 | 78 | 107 | 110 | 131 | 148 | 190 | 206 | 222 | 231 | 238 |
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(e)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(f)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(g)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(h)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(i)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Market<br>Value | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Pantheon Senior Debt Secondaries | Pantheon Senior Debt Secondaries | 6.317 | 03/26/2026 | 03/18/2025 | 03/18/2025 | 03/18/2025 | 03/18/2025 | 5200 | 5200 | 5200 | 5200 | 0.03 |
| Project Alpha Investindustrial | Project Alpha Investindustrial | 4.256 | 02/27/2026 | 02/28/2025 | 02/28/2025 | 02/28/2025 | 02/28/2025 | 3235 | 3673 | 3673 | 3673 | 0.02 |
|  |  |  |  |  |  |  | $ | $ | 8873 | 8873 | 0.05%  | 0.05%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Borrowing Rate<sup>(1)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BRC | BRC | 1.500%  | 1.500%  | 06/11/2025 | 06/11/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (2955) | (2955) | (3484) | (3484) | (3484) |
|  |  | 4.300  | 4.300  | 12/20/2024 | 12/20/2024 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (8785) | (8785) | (8987) | (8987) | (8987) |
| RCE | RCE | 2.250  | 2.250  | 05/20/2025 | 05/20/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (4585) | (4585) | (4597) | (4597) | (4597) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  | **(17068)** | **(17068)** | **(17068)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Coupon | Coupon | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% | United States (10.8)% |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (10.8)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 2.000% | 07/01/2040 | 149800 | $(136084) | (136084) | $ | $(136921) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 08/01/2040 | 95000 | (86494) | (86494) |  | (86862) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 07/01/2055 | 890350 | (698137) | (698137) |  | (705030) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 2.000 | 08/01/2055 | 464400 | (365321) | (365321) |  | (367883) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 2.500 | 08/01/2055 | 71530 | (58771) | (58771) |  | (59330) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 3.500 | 08/01/2055 | 115100 | (102969) | (102969) |  | (103609) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.500 | 4.500 | 08/01/2055 | 14100 | (13458) | (13458) |  | (13482) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.500 | 5.500 | 08/01/2055 | 138800 | (137873) | (137873) |  | (138676) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 6.500 | 6.500 | 07/01/2055 | 69350 | (71577) | (71577) |  | (71613) |
| **Total Short Sales (10.8)%** | **Total Short Sales (10.8)%** | **Total Short Sales (10.8)%** | **Total Short Sales (10.8)%** | **Total Short Sales (10.8)%** |  |  |  |  | $**(1670684)** | **(1670684)** | **$** | $**(1683406)** |
| **(j)** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $17,272 and cash of $116 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(177097) at a weighted average interest rate of 4.305%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |

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------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 26 | 42 | 62 | 72 | 84 | 108 | 109 | 135 | 147 | 164 | 182 | 207 | 220 | 238 |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Description | Description | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 07/25/2025 | 07/25/2025 | 646 | 646 | $646 | 646 | (136) | $ | (131) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 07/25/2025 | 07/25/2025 | 646 | 646 | 646 | 646 | (165) |  | (192) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (301) | $ | (323) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 648 | $648 | 648 | (215) | $ | (20) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 554 | 554 | 554 | (138) |  | (69) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 554 | 554 | 554 | (172) |  | (243) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 648 | 648 | 648 | (222) |  | (486) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (747) | $ | (818) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(1048)** | **$** | **(1141)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 4225 | 4225 | 378520 | 378520 |  | $3403 | 3403 | 3403 | 838 | 838 | 0 |
| Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 09/2025 | 11376 | 11376 | 1621444 | 1621444 |  | 5590 | 5590 | 5590 | 2546 | 2546 | (3082) |
| Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | 09/2025 | 09/2025 | 213 | 213 | 29792 | 29792 |  | (565) | (565) | (565) | 0 | 0 | (90) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 09/2025 | 4732 | 4732 | 597818 | 597818 |  | (1002) | (1002) | (1002) | 167 | 167 | (530) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 1683 | 1683 | 350103 | 350103 |  | 1269 | 1269 | 1269 | 92 | 92 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 10282 | 10282 | 1120738 | 1120738 |  | 11664 | 11664 | 11664 | 1365 | 1365 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 2469 | 2469 | 276837 | 276837 |  | 4628 | 4628 | 4628 | 772 | 772 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 6652 | 6652 | 760095 | 760095 |  | 14246 | 14246 | 14246 | 3222 | 3222 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 3233 | 3233 | 412846 | 412846 |  | 9531 | 9531 | 9531 | 444 | 444 | (1420) |
|  |  |  |  |  |  |  |  |  | 48764 | 48764 | $ | 9446 | $ | (5122) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 10983 | 10983 | (825126) | (825126) |  | $(7283) | (7283) | (7283) | 3611 | 3611 | 0 |
| Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | 09/2025 | 09/2025 | 2399 | 2399 | (201028) | (201028) |  | (1289) | (1289) | (1289) | 0 | 0 | (212) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 6227 | 6227 | (863194) | (863194) |  | 2409 | 2409 | 2409 | 1834 | 1834 | (587) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 5361 | 5361 | (821896) | (821896) |  | 5769 | 5769 | 5769 | 2336 | 2336 | (190) |
| Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 09/2025 | 3795 | 3795 | (553605) | (553605) |  | 327 | 327 | 327 | 1207 | 1207 | (268) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 1215 | 1215 | (1172941) | (1172941) |  | (3514) | (3514) | (3514) | 1603 | 1603 | 0 |
| Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | 09/2025 | 09/2025 | 4624 | 4624 | (587960) | (587960) |  | 915 | 915 | 915 | 763 | 763 | (490) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 676 | 676 | (80529) | (80529) |  | (2854) | (2854) | (2854) | 0 | 0 | (908) |
|  |  |  |  |  |  |  |  |  | (5520) | (5520) | $ | 11354 | $ | (2655) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** |  | **43244** | **43244** | **$** | **20800** | **$** | **(7777)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> |
| Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| Barclays Bank PLC  | 12/20/2025 | 0.238 | EUR | 36300 | 36300 | 213 | 213 | $ | (46) | (46) | 167 | $4 | 4 | $0 |
| Ford Motor Credit Co. LLC  | 12/20/2025 | 0.506 | $ | $2100 | 2100 | 157 | 157 |  | (109) | (109) | 48 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 6 | 13 | 16 | 19 | 23 | 26 | 27 | 36 | 39 | 40 | 68 | 72 | 106 | 127 | 141 | 165 | 199 | 209 | 225 | 240 |
| Ford Motor Credit Co. LLC  | Ford Motor Credit Co. LLC  | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.799 | 0.799 |  | 3100 | 271 |  | (141) |  | 130 | 1 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 641 | 641 | (296) | (296) | 345 | 5 | 5 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Asset |  | Liability |
| CDX.IG-43 10-Year Index  | CDX.IG-43 10-Year Index  | CDX.IG-43 10-Year Index  | (1.000)% | (1.000)% | (1.000)% | Quarterly | Quarterly | Quarterly | 12/20/2034 | 12/20/2034 | 12/20/2034 | $165600 | 165600 | (914) | $ | (786) | $ | (1700) | 0 | $ | (155) |
| CDX.IG-44 10-Year Index  | CDX.IG-44 10-Year Index  | CDX.IG-44 10-Year Index  | (1.000) | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 | 06/20/2035 | 317200 | 317200 | (370) |  | (2046) |  | (2416) | 0 |  | (268) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 374890 | 374890 | (8202) |  | (1347) |  | (9549) | 0 |  | (372) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | (1.000) | (1.000) | Quarterly | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 | 06/20/2035 | 218200 | 218200 | (508) |  | (737) |  | (1245) | 0 |  | (313) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9994) | $ | (4916) | $ | (14910) | 0 | $ | (1108) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Asset |  | Liability |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000% | 1.000% | 1.000% | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | $466200 | 466200 | 10102 | $ | 539 | $ | 10641 | 232 | $ | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 2177600 | 2177600 | 36684 |  | 12210 |  | 48894 | 1204 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | 46786 | $ | 12749 | $ | 59535 | 1436 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> | <u>Variation Margin</u><sup>(7)</sup> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750% | 3.750% | 3.750% | Annual | Annual | Annual | 03/19/2027 | GBP | 121000 | $(76) | (76) | $29 | 29 | (47) | $0 | 0 | $(19) |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.000 | 3.000 | 3.000 | Annual | Annual | Annual | 06/17/2027 |  | 390900 | (909) | (909) | (5631) | (5631) | (6540) | 0 | 0 | (89) |
| Pay<sup>(6)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 4.000 | 4.000 | 4.000 | Annual | Annual | Annual | 03/17/2028 |  | 977400 | 3030 | 3030 | 9882 | 9882 | 12912 | 0 | 0 | (51) |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | 3.500 | Annual | Annual | Annual | 03/19/2030 |  | 218357 | (5909) | (5909) | 3194 | 3194 | (2715) | 0 | 0 | (9) |
| Pay<sup>(6)</sup> | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | Annual | 03/18/2031 |  | 452500 | 1855 | 1855 | 258 | 258 | 2113 | 321 | 321 | (64) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | 3.500 | Annual | Annual | Annual | 03/19/2035 |  | 65700 | 4413 | 4413 | (721) | (721) | 3692 | 36 | 36 | 0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | Annual | Annual | 03/19/2055 |  | 10570 | (1483) | (1483) | (236) | (236) | (1719) | 0 | 0 | (34) |
| Receive<sup>(6)</sup> | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 1-Day INR-MIBOR Compounded-OIS | 6.000 | 6.000 | 6.000 | Semi-Annual | Semi-Annual | Semi-Annual | 09/17/2030 | INR | 2018330 | (59) | (59) | (210) | (210) | (269) | 26 | 26 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.750 | 0.750 | 0.750 | Annual | Annual | Annual | 03/19/2027 | JPY | 86610000 | 118 | 118 | 843 | 843 | 961 | 0 | 0 | (95) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.600 | 0.600 | 0.600 | Annual | Annual | Annual | 12/18/2029 |  | 21820900 | (489) | (489) | (1259) | (1259) | (1748) | 0 | 0 | (140) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | 0.000 | 0.000 | Semi-Annual | Semi-Annual | Semi-Annual | 03/17/2031 |  | 29934240 | (12221) | (12221) | 251 | 251 | (11970) | 0 | 0 | (280) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | 1.000 | Annual | Annual | Annual | 03/19/2032 |  | 58150000 | (1224) | (1224) | 1647 | 1647 | 423 | 0 | 0 | (649) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | 1.000 | Annual | Annual | Annual | 09/18/2034 |  | 57990000 | (813) | (813) | (3125) | (3125) | (3938) | 0 | 0 | (861) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | 1.000 | Annual | Annual | Annual | 12/18/2034 |  | 2867700 | 183 | 183 | (455) | (455) | (272) | 0 | 0 | (46) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | 1.000 | Annual | Annual | Annual | 03/19/2035 |  | 36530000 | (2990) | (2990) | (1400) | (1400) | (4390) | 0 | 0 | (629) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.250 | 1.250 | 1.250 | Annual | Annual | Annual | 06/18/2035 |  | 2240000 | 282 | 282 | (237) | (237) | 45 | 0 | 0 | (41) |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 0.400 | 0.400 | 0.400 | Semi-Annual | Semi-Annual | Semi-Annual | 06/19/2039 |  | 11190000 | 10493 | 10493 | 1225 | 1225 | 11718 | 265 | 265 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | 1.000 | 1.000 | Annual | Annual | Annual | 06/19/2044 |  | 18580000 | (8786) | (8786) | (9406) | (9406) | (18192) | 0 | 0 | (694) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 19 | 27 | 40 | 70 | 106 | 141 | 174 | 209 | 240 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.450 | Annual | 12/15/2051 | 61700 | 1667 | (1819) | (152) | 116 | (118) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.800 | Annual | 06/15/2052 | 5184300 | (6410) | (3922) | (10332) | 0 | (232) |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 2.750 | Semi-Annual | 09/18/2029 | 360560 | (234) | (13147) | (13381) | 0 | (395) |
| Receive<sup>(6)</sup> | 1-Day SGD-SIBCSORA Compounded-OIS | 2.500 | Semi-Annual | 09/17/2030 | 56300 | (756) | (919) | (1675) | 0 | (53) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.750 | Annual | 07/17/2025 | $299900 | 600 | (708) | (108) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.228 | Annual | 08/30/2025 | 220800 | (10) | 804 | 794 | 6 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2025 | 370300 | 1800 | 1270 | 3070 | 25 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | 1563320 | 7680 | (6483) | 1197 | 69 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 06/20/2026 | 869700 | 6249 | (7113) | (864) | 0 | (76) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 08/15/2026 | 3100 | 0 | (6) | (6) | 0 | (1) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.940 | Annual | 08/22/2026 | 208100 | 0 | (502) | (502) | 0 | (36) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.965 | Annual | 11/30/2026 | 479900 | 16480 | (7693) | 8787 | 0 | (97) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2026 | 222800 | 1454 | (1913) | (459) | 55 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2027 | 1034970 | 20968 | (7267) | 13701 | 0 | (312) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2027 | 15754 | 1198 | (663) | 535 | 0 | (5) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2027 | 158400 | (996) | 196 | (800) | 61 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 05/31/2028 | 28400 | 0 | (183) | (183) | 0 | (23) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.662 | Annual | 05/31/2028 | 63600 | 0 | (421) | (421) | 0 | (52) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.691 | Annual | 05/31/2028 | 82700 | 0 | (616) | (616) | 0 | (68) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.851 | Annual | 02/28/2029 | 180100 | 0 | (2521) | (2521) | 0 | (206) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.862 | Annual | 02/28/2029 | 135400 | 0 | (1950) | (1950) | 0 | (155) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 11/30/2029 | 1502206 | (783) | (14960) | (15743) | 0 | (2217) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2030 | 659530 | 30654 | (16263) | 14391 | 0 | (1000) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/20/2030 | 2800 | 59 | (53) | 6 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2031 | 290400 | (1453) | (2862) | (4315) | 0 | (621) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.840 | Annual | 06/30/2031 | 180400 | 0 | (2991) | (2991) | 0 | (390) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 359264 | (358) | (5135) | (5493) | 0 | (930) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.828 | Annual | 05/15/2032 | 60900 | 35 | (1133) | (1098) | 0 | (156) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.836 | Annual | 05/15/2034 | 47100 | 0 | (711) | (711) | 0 | (166) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.847 | Annual | 05/15/2034 | 28200 | 0 | (449) | (449) | 0 | (99) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.860 | Annual | 05/15/2034 | 50000 | 0 | (846) | (846) | 0 | (176) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 | 392350 | 10886 | (14325) | (3439) | 0 | (1391) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 07/10/2034 | 77500 | (236) | (560) | (796) | 0 | (278) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.645 | Annual | 08/07/2034 | 13300 | (45) | 165 | 120 | 0 | (47) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.595 | Annual | 08/19/2034 | 6700 | (24) | 110 | 86 | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.613 | Annual | 08/22/2034 | 4700 | (17) | 69 | 52 | 0 | (17) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.470 | Annual | 09/04/2034 | 10700 | (40) | 286 | 246 | 0 | (38) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.248 | Annual | 09/18/2034 | 3800 | (14) | 172 | 158 | 0 | (13) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 | 1012838 | (275) | (20010) | (20285) | 0 | (3933) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 | 21400 | (63) | (315) | (378) | 0 | (83) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 | 420790 | 28454 | (12537) | 15917 | 0 | (1573) |

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<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 19 | 27 | 40 | 61 | 70 | 106 | 141 | 174 | 209 | 240 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 |  | 27600 | (81) | (467) | (548) | 0 | (108) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 |  | 11800 | (34) | (154) | (188) | 0 | (46) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 |  | 38500 | 2061 | (648) | 1413 | 0 | (148) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.700 | Annual | 02/20/2049 |  | 1600 | 10 | 59 | 69 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 |  | 66570 | 22040 | 2320 | 24360 | 0 | (371) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 |  | 107200 | (800) | (2207) | (3007) | 0 | (852) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 12/20/2053 |  | 29070 | 1926 | 1630 | 3556 | 0 | (211) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 03/20/2054 |  | 25300 | (2895) | 2593 | (302) | 0 | (204) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 32900 | 2311 | 98 | 2409 | 0 | (250) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.940 | Annual | 11/15/2054 |  | 46700 | 0 | (108) | (108) | 0 | (381) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.955 | Annual | 11/15/2054 |  | 18800 | 0 | (91) | (91) | 0 | (154) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.959 | Annual | 11/15/2054 |  | 41000 | 0 | (234) | (234) | 0 | (335) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.964 | Annual | 11/15/2054 |  | 28600 | 0 | (191) | (191) | 0 | (234) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.990 | Annual | 11/15/2054 |  | 44800 | 0 | (505) | (505) | 0 | (368) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.996 | Annual | 11/15/2054 |  | 17000 | 0 | (210) | (210) | 0 | (140) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.111 | Annual | 11/15/2054 |  | 28100 | 0 | (925) | (925) | 0 | (234) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.115 | Annual | 11/15/2054 |  | 12540 | 0 | (422) | (422) | 0 | (105) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.117 | Annual | 11/15/2054 |  | 2220 | 0 | (75) | (75) | 0 | (19) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.130 | Annual | 11/15/2054 |  | 25940 | 0 | (940) | (940) | 0 | (217) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.765 | Annual | 02/15/2055 |  | 10000 | 0 | 282 | 282 | 0 | (80) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.772 | Annual | 02/15/2055 |  | 7900 | 0 | 213 | 213 | 0 | (63) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.777 | Annual | 02/15/2055 |  | 37200 | 0 | 973 | 973 | 0 | (299) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.779 | Annual | 02/15/2055 |  | 14200 | 0 | 366 | 366 | 0 | (114) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.798 | Annual | 02/15/2055 |  | 43500 | 0 | 976 | 976 | 0 | (350) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.806 | Annual | 02/15/2055 |  | 30600 | 0 | 639 | 639 | 0 | (247) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.861 | Annual | 02/15/2055 |  | 11600 | 0 | 127 | 127 | 0 | (94) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.866 | Annual | 02/15/2055 |  | 19800 | 0 | 196 | 196 | 0 | (161) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.773 | Annual | 03/04/2055 |  | 32600 | 0 | 875 | 875 | 0 | (262) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 |  | 65100 | 8057 | (263) | 7794 | 0 | (487) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 06/25/2055 |  | 27500 | 102 | (196) | (94) | 0 | (228) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.065 | Annual | 06/26/2055 |  | 19584 | (342) | (193) | (535) | 0 | (165) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.960 | Annual | 06/27/2055 |  | 35627 | (19) | (294) | (313) | 0 | (296) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.005 | Annual | 09/29/2055 |  | 12336 | (132) | (94) | (226) | 0 | (105) |
| Pay | 3-Month AUD-BBR-BBSW | 3.750 | Semi-Annual | 03/19/2030 | AUD | 1440300 | (518) | 5928 | 5410 | 0 | (425) |
| Pay<sup>(6)</sup> | 3-Month AUD-BBR-BBSW | 3.500 | Semi-Annual | 03/18/2031 |  | 64800 | (339) | (17) | (356) | 0 | (48) |
| Pay | 3-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/19/2035 |  | 94000 | (55) | 1025 | 970 | 0 | (149) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.294 | Annual | 02/10/2027 | CHF | 127700 | (3801) | 5005 | 1204 | 0 | (18) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.283 | Annual | 02/14/2027 |  | 33300 | (1009) | 1315 | 306 | 0 | (6) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.343 | Annual | 05/16/2027 |  | 30200 | (907) | 1265 | 358 | 0 | (8) |
| Pay<sup>(6)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 06/18/2030 | CNY | 14113450 | (10491) | 13230 | 2739 | 0 | (930) |
| Pay | 3-Month EUR-EURIBOR | 0.451 | Annual | 05/27/2050 | EUR | 15900 | (1127) | (6812) | (7939) | 0 | (59) |

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<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 19 | 27 | 40 | 61 | 70 | 106 | 141 | 174 | 209 | 240 |
| Pay | 3-Month KRW-KORIBOR | 2.750 | Quarterly | 03/19/2035 | KRW | 243346724 | 1464 | 652 | 2116 | 35 | 0 |
| Pay<sup>(6)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2035 |  | 125496590 | (456) | (609) | (1065) | 18 | (51) |
| Pay | 3-Month NZD-BBR | 3.750 | Semi-Annual | 06/15/2027 | NZD | 18100 | (387) | 506 | 119 | 0 | (5) |
| Pay | 3-Month NZD-BBR | 4.750 | Semi-Annual | 06/19/2029 |  | 106200 | 880 | 2295 | 3175 | 0 | (70) |
| Pay | 3-Month SEK-STIBOR | 2.474 | Annual | 02/03/2030 | SEK | 788000 | (18) | 1797 | 1779 | 84 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 1.750 | Semi-Annual | 03/16/2027 | AUD | 77200 | (3953) | 2182 | (1771) | 41 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/15/2033 |  | 280500 | (4299) | 8758 | 4459 | 0 | (261) |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/19/2035 |  | 305200 | 1078 | 6325 | 7403 | 0 | (486) |
| Pay | 6-Month CZK-PRIBOR | 1.913 | Annual | 01/30/2029 | CZK | 264500 | (1021) | 216 | (805) | 0 | (31) |
| Pay | 6-Month EUR-EURIBOR | 0.500 | Annual | 12/19/2025 | EUR | 300 | (17) | 15 | (2) | 0 | 0 |
| Pay | 6-Month EUR-EURIBOR | 3.000 | Annual | 03/19/2027 |  | 507230 | 5986 | 4761 | 10747 | 0 | (69) |
| Pay | 6-Month EUR-EURIBOR | 0.700 | Annual | 04/11/2027 |  | 19400 | (1428) | 830 | (598) | 0 | (6) |
| Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 04/12/2027 |  | 32900 | (2475) | 1436 | (1039) | 0 | (10) |
| Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 05/11/2027 |  | 25300 | (1938) | 1146 | (792) | 0 | (10) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/13/2027 |  | 39600 | (2553) | 1635 | (918) | 0 | (15) |
| Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/18/2027 |  | 18800 | (1218) | 777 | (441) | 0 | (8) |
| Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.000 | Annual | 09/17/2027 |  | 324100 | (871) | 938 | 67 | 0 | (110) |
| Pay | 6-Month EUR-EURIBOR | 3.450 | Annual | 10/20/2028 |  | 1200 | 42 | 45 | 87 | 0 | (1) |
| Pay | 6-Month EUR-EURIBOR | 1.795 | Annual | 10/11/2029 |  | 34492 | 0 | (387) | (387) | 0 | (50) |
| Pay | 6-Month EUR-EURIBOR | 1.929 | Annual | 10/11/2029 |  | 158740 | 0 | (673) | (673) | 0 | (230) |
| Pay | 6-Month EUR-EURIBOR | 2.028 | Annual | 10/11/2029 |  | 257800 | (40) | (371) | (411) | 0 | (374) |
| Pay | 6-Month EUR-EURIBOR | 2.343 | Annual | 01/10/2030 |  | 218600 | 253 | 622 | 875 | 0 | (286) |
| Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 2101780 | (27896) | 24217 | (3679) | 0 | (2303) |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 3.000 | Annual | 03/15/2033 |  | 230010 | (3911) | 340 | (3571) | 238 | 0 |
| Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 1682710 | (66017) | 1618 | (64399) | 0 | (3407) |
| Pay | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/21/2037 |  | 142090 | (8657) | 2425 | (6232) | 0 | (348) |
| Pay | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/21/2042 |  | 27930 | (1969) | (227) | (2196) | 0 | (83) |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.235 | Annual | 03/12/2055 |  | 15100 | 0 | 729 | 729 | 17 | 0 |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.270 | Annual | 03/12/2055 |  | 74200 | 16 | 3316 | 3332 | 85 | 0 |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.275 | Annual | 03/12/2055 |  | 187300 | 0 | 8321 | 8321 | 215 | 0 |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.282 | Annual | 03/12/2055 |  | 51900 | 0 | 2271 | 2271 | 60 | 0 |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 16810 | 1573 | 485 | 2058 | 64 | 0 |
| Pay | CAONREPO | 3.500 | Annual | 12/18/2025 | CAD | 1291800 | (2644) | 9088 | 6444 | 0 | (64) |
| Pay | CAONREPO | 3.898 | Annual | 06/19/2026 |  | 395400 | (29) | 3964 | 3935 | 0 | (32) |
| Pay | CAONREPO | 3.925 | Annual | 06/19/2026 |  | 310100 | (27) | 3174 | 3147 | 0 | (25) |
| Pay | CAONREPO | 2.500 | Semi-Annual | 06/19/2029 |  | 107400 | (3763) | 3613 | (150) | 34 | 0 |
| Pay | CAONREPO | 2.850 | Semi-Annual | 09/01/2029 |  | 172000 | (261) | 1730 | 1469 | 122 | 0 |
| Pay | CAONREPO | 1.713 | Semi-Annual | 10/02/2029 |  | 65800 | (4350) | 2572 | (1778) | 45 | 0 |
| Pay | CAONREPO | 1.900 | Semi-Annual | 12/18/2029 |  | 193700 | (12264) | 8180 | (4084) | 146 | 0 |
| Receive | CAONREPO | 3.250 | Semi-Annual | 03/15/2033 |  | 116000 | 1801 | (4492) | (2691) | 0 | (197) |
| Receive | CAONREPO | 2.850 | Semi-Annual | 06/01/2033 |  | 12400 | 103 | (116) | (13) | 0 | (21) |
| Receive | CAONREPO | 3.000 | Semi-Annual | 06/01/2033 |  | 19300 | 70 | (244) | (174) | 0 | (34) |
| Receive | CAONREPO | 3.180 | Semi-Annual | 06/01/2033 |  | 162200 | (111) | (2887) | (2998) | 0 | (284) |
| Receive | CAONREPO | 3.300 | Semi-Annual | 06/01/2033 |  | 199200 | 711 | (5654) | (4943) | 0 | (351) |
| Receive | CAONREPO | 3.400 | Semi-Annual | 06/01/2033 |  | 82200 | (82) | (2391) | (2473) | 0 | (146) |
| Receive | CAONREPO | 2.880 | Semi-Annual | 09/01/2033 |  | 63200 | 0 | (119) | (119) | 0 | (115) |
| Receive | CAONREPO | 3.500 | Semi-Annual | 09/01/2033 |  | 94100 | 1146 | (4592) | (3446) | 0 | (176) |
| Receive | CAONREPO | 3.700 | Semi-Annual | 09/01/2033 |  | 46400 | (3) | (2216) | (2219) | 0 | (88) |
| Receive | CAONREPO | 3.750 | Semi-Annual | 12/20/2033 |  | 64570 | (1403) | (1756) | (3159) | 0 | (130) |
| Receive | CAONREPO | 2.740 | Semi-Annual | 06/01/2034 |  | 7600 | 0 | 70 | 70 | 0 | (16) |
| Receive | CAONREPO | 3.000 | Semi-Annual | 06/01/2034 |  | 70300 | 13 | (428) | (415) | 0 | (149) |
| Receive | CAONREPO | 3.250 | Semi-Annual | 12/18/2034 |  | 28000 | (674) | 134 | (540) | 0 | (67) |
| Pay | CAONREPO | 2.750 | Semi-Annual | 12/18/2048 |  | 36900 | (3458) | 1208 | (2250) | 186 | 0 |

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<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 4 | 15 | 19 | 27 | 38 | 55 | 70 | 104 | 112 | 139 | 155 | 172 | 174 | 207 | 209 | 223 | 238 | 240 |
| Pay | Pay | CAONREPO | CAONREPO | 3.250 | Semi-Annual | Semi-Annual | 06/21/2053 | 35300 |  | 115 |  | 93 |  | 208 |  | 209 | 209 |  | 0 |
|  |  |  |  |  |  |  |  |  | $(27100) | (27100) | $(43884) | (43884) | $(70984) | (70984) | $2579 | 2579 | 2579 | $(37778) | (37778) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**10333** | **10333** | $**(36347)** | **(36347)** | $**(26014)** | **(26014)** | $**4020** | **4020** | **4020** | $**(38886)** | **(38886)** |
| **(l)** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $464,803 and cash of $45,376 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(7)</sup> | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(270) for closed swap agreements is outstanding at period end. |
| **(m)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | CAD | 225 | 225 | $ | $165 | 165 | 165 | 0 | 0 | 0 | 0 | $0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNH | 557495 | 557495 |  | 77379 | 77379 | 77379 | 0 | 0 | 0 | 0 | (587) | (587) | (587) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 927398 | 927398 |  | 1053730 | 1053730 | 1053730 | 0 | 0 | 0 | 0 | (38699) | (38699) | (38699) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $52 | 52 | CHF | 41 | 41 | 41 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 2560829 | 2560829 | EUR | 2187098 | 2187098 | 2187098 | 15464 | 15464 | 15464 | 15464 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 10317 | 10317 | NZD | 17144 | 17144 | 17144 | 133 | 133 | 133 | 133 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CHF | 41 | 41 | $ | $52 | 52 | 52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 864165 | 864165 |  | 120255 | 120255 | 120255 | 0 | 0 | 0 | 0 | (923) | (923) | (923) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | EUR | 2187098 | 2187098 |  | 2566441 | 2566441 | 2566441 | 0 | 0 | 0 | 0 | (15473) | (15473) | (15473) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 17144 | 17144 |  | 10329 | 10329 | 10329 | 0 | 0 | 0 | 0 | (133) | (133) | (133) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $165 | 165 | CAD | 225 | 225 | 225 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 11610 | 11610 | CNH | 84200 | 84200 | 84200 | 197 | 197 | 197 | 197 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | AUD | 14401 | 14401 | $ | $9379 | 9379 | 9379 | 0 | 0 | 0 | 0 | (99) | (99) | (99) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNY | 414 | 414 |  | 58 | 58 | 58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 13704820 | 13704820 |  | 10053 | 10053 | 10053 | 0 | 0 | 0 | 0 | (84) | (84) | (84) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | MYR | 252 | 252 |  | 60 | 60 | 60 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $8735 | 8735 | IDR | 142502572 | 142502572 | 142502572 | 52 | 52 | 52 | 52 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 6 | 6 | ILS | 20 | 20 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 9750 | 9750 | SGD | 12484 | 12484 | 12484 | 69 | 69 | 69 | 69 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 264791 | 264791 | $ | $37004 | 37004 | 37004 | 0 | 0 | 0 | 0 | (127) | (127) | (127) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | HUF | 2289040 | 2289040 | EUR | 5664 | 5664 | 5664 | 0 | 0 | 0 | 0 | (31) | (31) | (31) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | SGD | 12455 | 12455 | $ | $9750 | 9750 | 9750 | 0 | 0 | 0 | 0 | (71) | (71) | (71) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 3564 | 3564 |  | 109 | 109 | 109 | 0 | 0 | 0 | 0 | (15) | (15) | (15) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $6702 | 6702 | HUF | 2289767 | 2289767 | 2289767 | 29 | 29 | 29 | 29 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 20595 | 20595 | MXN | 390629 | 390629 | 390629 | 121 | 121 | 121 | 121 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 226406 | 226406 | $ | $41481 | 41481 | 41481 | 0 | 0 | 0 | 0 | (190) | (190) | (190) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNY | 137 | 137 |  | 19 | 19 | 19 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 7403 | 7403 | GBP | 6310 | 6310 | 6310 | 0 | 0 | 0 | 0 | (59) | (59) | (59) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 12682 | 12682 | RON | 64066 | 64066 | 64066 | 0 | 0 | 0 | 0 | (95) | (95) | (95) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 574313 | 574313 | $ | $423 | 423 | 423 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | 24010 | 24010 |  | 2373 | 2373 | 2373 | 0 | 0 | 0 | 0 | (9) | (9) | (9) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SEK | 33195 | 33195 |  | 3457 | 3457 | 3457 | 0 | 0 | 0 | 0 | (51) | (51) | (51) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | 5002 | 5002 |  | 151 | 151 | 151 | 0 | 0 | 0 | 0 | (3) | (3) | (3) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | TWD | 676400 | 676400 |  | 20816 | 20816 | 20816 | 0 | 0 | 0 | 0 | (2473) | (2473) | (2473) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $2154 | 2154 | AUD | 3318 | 3318 | 3318 | 30 | 30 | 30 | 30 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 40528 | 40528 | BRL | 226406 | 226406 | 226406 | 1144 | 1144 | 1144 | 1144 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1389 | 1389 | CAD | 1912 | 1912 | 1912 | 15 | 15 | 15 | 15 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 7900 | 7900 | CNY | 56547 | 56547 | 56547 | 16 | 16 | 16 | 16 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 19354 | 19354 | IDR | 315769498 | 315769498 | 315769498 | 116 | 116 | 116 | 116 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1517 | 1517 | THB | 49688 | 49688 | 49688 | 13 | 13 | 13 | 13 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 6655 | 6655 | TRY | 268575 | 268575 | 268575 | 41 | 41 | 41 | 41 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 5592 | 5592 | TWD | 166405 | 166405 | 166405 | 134 | 134 | 134 | 134 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 271462 | 271462 | $ | $38006 | 38006 | 38006 | 0 | 0 | 0 | 0 | (60) | (60) | (60) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | GBP | 6323 | 6323 | EUR | 7403 | 7403 | 7403 | 59 | 59 | 59 | 59 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | JPY | 10749 | 10749 | $ | $75 | 75 | 75 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 845892 | 845892 |  | 26828 | 26828 | 26828 | 0 | 0 | 0 | 0 | (2579) | (2579) | (2579) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $1866 | 1866 | CNH | 13334 | 13334 | 13334 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 15 | 55 | 112 | 171 | 223 |
|  | 08/2025  | 3127 | 22363 | 6 | 0 |
|  | 08/2025  | 91 | 2015 | 6 | 0 |
|  | 08/2025  | 9918 | 862096 | 118 | 0 |
|  | 08/2025  | 13962 | 265938 | 142 | 0 |
|  | 08/2025  | 12285 | 391953 | 1341 | 0 |
|  | 10/2025  | 389800 | $64158 | 0 | (5952) |
|  | 04/2026  | 850975 | 121576 | 0 | (15331) |
|  | 05/2026  | $6539 | 1993 | 1 | (18) |
|  | 06/2026  | 4135 | 1263 | 2 | (3) |
|  | 06/2027  | 2865 | 869 | 0 | (23) |
|  | 05/2029  | 10107 | $34746 | 1519 | 0 |
|  | 07/2029  | 1468 | 5051 | 220 | 0 |
|  | 05/2030  | 7030 | 24210 | 967 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 721701 | 465176 | 0 | (9812) |
|  | 07/2025  | 13659 | 69169 | 0 | (63) |
|  | 07/2025  | 1240489 | $1409305 | 0 | (51929) |
|  | 07/2025  | 6209 | 7403 | 198 | 0 |
|  | 07/2025  | 86407 | $24818 | 0 | (836) |
|  | 07/2025  | 2198466 | 1607 | 0 | (19) |
|  | 07/2025  | 17220 | 1694 | 0 | (15) |
|  | 07/2025  | 10554 | 2859 | 0 | (118) |
|  | 07/2025  | 6862 | 168 | 0 | (2) |
|  | 07/2025  | $1165 | 1795 | 17 | 0 |
|  | 07/2025  | 3898 | 5378 | 52 | 0 |
|  | 07/2025  | 129611 | 835615 | 2320 | 0 |
|  | 07/2025  | 75169 | 66399 | 3046 | 0 |
|  | 07/2025  | 460937 | 338913 | 4272 | 0 |
|  | 07/2025  | 12307 | 41550 | 29 | 0 |
|  | 07/2025  | 1069 | 1469545 | 18 | 0 |
|  | 07/2025  | 51 | 522 | 1 | 0 |
|  | 07/2025  | 607 | 2273 | 24 | 0 |
|  | 07/2025  | 99288 | 4074597 | 1271 | 0 |
|  | 07/2025  | 1060064 | $58612 | 0 | (1171) |
|  | 08/2025  | 320710 | 436420 | 0 | (3866) |
|  | 08/2025  | 160 | 5 | 0 | 0 |
|  | 08/2025  | $894 | 19886 | 55 | 0 |
|  | 08/2025  | 54523 | 2263880 | 650 | 0 |
|  | 09/2025  | 993146 | $235728 | 0 | (595) |
|  | 12/2025  | $3833 | 179315 | 73 | 0 |
|  | 01/2026  | 508200 | $72771 | 0 | (8536) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 679722 | 123339 | 0 | (1768) |
|  | 07/2025  | 75642 | 11520 | 0 | (423) |
|  | 07/2025  | 21654 | 5772 | 0 | (337) |
|  | 07/2025  | $124557 | 679722 | 550 | 0 |
|  | 08/2025  | 123339 | 684915 | 1750 | 0 |
|  | 09/2025  | 5286 | 19354 | 166 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 27662 | $5069 | 0 | (22) |
|  | 07/2025  | 1105043 | 799392 | 0 | (12096) |
|  | 07/2025  | 72225 | 10080 | 0 | 0 |
|  | 07/2025  | 26860 | 30706 | 0 | (933) |
|  | 07/2025  | 491182566 | 358361 | 0 | (4951) |
|  | 07/2025  | 23210 | 2445 | 0 | (8) |
|  | 07/2025  | 261750 | 7871 | 0 | (189) |
|  | 07/2025  | 1177505 | 36193 | 0 | (4348) |
|  | 07/2025  | $5649 | 8693 | 73 | 0 |
|  | 07/2025  | 4972 | 27662 | 119 | 0 |
|  | 07/2025  | 98530 | 705574 | 241 | (2) |
|  | 07/2025  | 2618 | 2268 | 54 | 0 |
|  | 07/2025  | 4089 | 3005 | 35 | 0 |
|  | 07/2025  | 7973 | 129842132 | 33 | 0 |
|  | 07/2025  | 44302 | 6308000 | 0 | (498) |
|  | 07/2025  | 23336 | 83319 | 184 | 0 |
|  | 07/2025  | 5955 | 56440 | 11 | 0 |
|  | 07/2025  | 9083 | 269200 | 185 | 0 |
|  | 08/2025  | 177491 | $24692 | 0 | (197) |
|  | 08/2025  | 32204 | 8547 | 0 | (535) |
|  | 08/2025  | 56318 | 5955 | 0 | (11) |
|  | 08/2025  | 6958 | 215 | 0 | 0 |
|  | 08/2025  | 1306958 | 40108 | 0 | (5327) |
|  | 08/2025  | $22385 | 161739 | 295 | 0 |
|  | 08/2025  | 46213 | 330485 | 115 | 0 |
|  | 08/2025  | 1190 | 65510 | 104 | 0 |
|  | 08/2025  | 74267 | 6401200 | 285 | (30) |
|  | 09/2025  | 80211 | $21781 | 0 | (815) |
|  | 09/2025  | $5580 | 2876490 | 0 | (159) |
|  | 10/2025  | 177861 | $48848 | 0 | (1187) |
|  | 12/2025  | 29355 | 8055 | 0 | (190) |
|  | 01/2026  | 2190000 | 16134 | 618 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 41961 | 12107 | 0 | (351) |
|  | 07/2025  | 1731797 | 1270 | 0 | (11) |
|  | 07/2025  | 104445 | 28349 | 0 | (1134) |
|  | 07/2025  | 1293 | 1004 | 0 | (13) |
|  | 07/2025  | $8350 | 59616 | 4 | (9) |
|  | 07/2025  | 1223 | 19918075 | 4 | 0 |
|  | 07/2025  | 810 | 428287 | 9 | 0 |
|  | 07/2025  | 5029 | 149484 | 117 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 15 | 55 | 112 | 171 | 223 |
|  | 07/2025  | 113 | $6 | 0 | 0 |
|  | 08/2025  | 442 | 62 | 0 | 0 |
|  | 08/2025  | 23425 | 118908 | 0 | (158) |
|  | 08/2025  | 2476025 | $76229 | 0 | (213) |
|  | 08/2025  | $169598 | 1217215 | 1087 | 0 |
|  | 08/2025  | 4037 | 28805 | 1 | 0 |
|  | 08/2025  | 1410 | 77691 | 125 | 0 |
|  | 08/2025  | 34424 | 2970464 | 158 | 0 |
|  | 08/2025  | 8603 | 280294 | 1141 | 0 |
|  | 09/2025  | 835835 | $1540 | 0 | (36) |
|  | 09/2025  | $9030 | 4686358 | 0 | (198) |
|  | 12/2025  | 7642 | 4062117 | 0 | (202) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 416041 | $75125 | 0 | (1450) |
|  | 07/2025  | 30344 | 36849 | 0 | (1394) |
|  | 07/2025  | 283593 | 39462 | 0 | (199) |
|  | 07/2025  | 404205 | 63516 | 0 | (302) |
|  | 07/2025  | 91091785 | 634972 | 2412 | 0 |
|  | 07/2025  | 11300 | 6754 | 0 | (134) |
|  | 07/2025  | 3267 | 2540 | 0 | (30) |
|  | 07/2025  | $72768 | 416041 | 3807 | 0 |
|  | 07/2025  | 40053 | 32065 | 359 | 0 |
|  | 07/2025  | 349639 | 50893472 | 3775 | 0 |
|  | 07/2025  | 22477 | 82896 | 513 | 0 |
|  | 07/2025  | 7838 | 9996 | 23 | 0 |
|  | 08/2025  | 31933 | $40053 | 0 | (360) |
|  | 08/2025  | 286520 | 40040 | 0 | (138) |
|  | 08/2025  | 50706311 | 349639 | 0 | (3778) |
|  | 08/2025  | 11507 | 9046 | 0 | (28) |
|  | 08/2025  | $64719 | 361997 | 1394 | 0 |
|  | 08/2025  | 63516 | 403215 | 302 | 0 |
|  | 08/2025  | 16450 | 1422672 | 112 | 0 |
|  | 09/2025  | 19707 | 383722 | 577 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 14761 | 74496 | 0 | (128) |
|  | 07/2025  | 34479 | $9261 | 0 | (466) |
|  | 07/2025  | 121718 | 3742 | 0 | (449) |
|  | 07/2025  | $6970 | 49959 | 24 | 0 |
|  | 07/2025  | 1886 | 30739963 | 9 | 0 |
|  | 07/2025  | 3045 | 3881 | 8 | 0 |
|  | 07/2025  | 1567 | 52151 | 39 | 0 |
|  | 07/2025  | 277 | 9016 | 33 | 0 |
|  | 07/2025  | 3525 | $195 | 0 | (4) |
|  | 08/2025  | 2763 | 14035 | 0 | (16) |
|  | 08/2025  | 3872 | $3045 | 0 | (8) |
|  | 08/2025  | $12 | 88 | 0 | 0 |
|  | 08/2025  | 2570 | 141735 | 231 | 0 |
|  | 08/2025  | 7364 | 2535198 | 89 | 0 |
|  | 08/2025  | 543 | 17896 | 10 | 0 |
|  | 08/2025  | 641 | 21049 | 91 | 0 |
|  | 09/2025  | 4961 | $1179 | 0 | (2) |
|  | 09/2025  | $3741 | 1951983 | 0 | (59) |
|  | 10/2025  | 1009400 | $164972 | 0 | (16581) |
|  | 12/2025  | 137296 | 2945 | 0 | (52) |
|  | 01/2026  | 6410000 | 47619 | 2204 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $14 | 404 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 80741 | $14796 | 0 | (65) |
|  | 07/2025  | 1719 | 2097 | 0 | (69) |
|  | 07/2025  | 615922 | 85423 | 0 | (703) |
|  | 07/2025  | 85198 | 11904 | 8 | (1) |
|  | 07/2025  | 58616 | 8877 | 0 | (377) |
|  | 07/2025  | 2987863 | 20806 | 58 | 0 |
|  | 07/2025  | 36798243 | 26866 | 0 | (353) |
|  | 07/2025  | 86580 | 67403 | 0 | (690) |
|  | 07/2025  | 665 | 16 | 0 | 0 |
|  | 07/2025  | 684652 | 21054 | 0 | (2519) |
|  | 07/2025  | $478957 | 730779 | 2005 | 0 |
|  | 07/2025  | 14277 | 80741 | 584 | 0 |
|  | 07/2025  | 14288 | 102294 | 5 | 0 |
|  | 07/2025  | 46953 | 173934 | 1287 | 0 |
|  | 07/2025  | 6384 | 8175 | 45 | 0 |
|  | 07/2025  | 1574 | 63825 | 10 | 0 |
|  | 07/2025  | 401193 | $22449 | 0 | (177) |
|  | 08/2025  | 730779 | 479257 | 0 | (2008) |
|  | 08/2025  | 799444 | 111181 | 0 | (922) |
|  | 08/2025  | 8156 | 6384 | 0 | (46) |
|  | 08/2025  | 682496 | 20943 | 0 | (2783) |
|  | 08/2025  | $3524 | 25128 | 1 | 0 |
|  | 08/2025  | 11089 | 961508 | 104 | 0 |
|  | 10/2025  | 2313160 | 5738 | 14 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 8483 | $5470 | 0 | (113) |
|  | 07/2025  | 43 | 53 | 0 | (2) |
|  | 07/2025  | 257583 | 35743 | 0 | (280) |
|  | 07/2025  | 41657 | 5812 | 0 | (1) |
|  | 07/2025  | 65483 | 74864 | 0 | (2272) |
|  | 07/2025  | 90030 | 122145 | 0 | (1435) |
|  | 07/2025  | 39694 | 5075 | 11 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 15 | 55 | 112 | 171 | 223 |
|  | 07/2025  | 5652022 | 39267 | 66 | (48) |
|  | 07/2025  | 3062 | 1826 | 0 | (40) |
|  | 07/2025  | 207992 | 162129 | 0 | (1451) |
|  | 07/2025  | 131394 | 3970 | 0 | (76) |
|  | 07/2025  | 329344 | 10105 | 0 | (1234) |
|  | 07/2025  | $798921 | 1098151 | 7517 | (11) |
|  | 07/2025  | 22396 | 160366 | 35 | (6) |
|  | 07/2025  | 2004 | 1746 | 53 | 0 |
|  | 07/2025  | 15767 | 11659 | 237 | 0 |
|  | 07/2025  | 2279 | 37042460 | 5 | 0 |
|  | 07/2025  | 10489 | 1519500 | 73 | (10) |
|  | 07/2025  | 4664 | 17463 | 180 | 0 |
|  | 07/2025  | 169870 | 219669 | 2894 | 0 |
|  | 07/2025  | 407 | 12103 | 10 | 0 |
|  | 08/2025  | 1093105 | $796547 | 0 | (7540) |
|  | 08/2025  | 684357 | 94665 | 0 | (1299) |
|  | 08/2025  | 57172 | 398 | 0 | (1) |
|  | 08/2025  | 217353 | 168460 | 0 | (2911) |
|  | 08/2025  | 4212243 | 130387 | 343 | 0 |
|  | 08/2025  | 515394 | 15911 | 0 | (2007) |
|  | 08/2025  | $61262 | 439415 | 355 | 0 |
|  | 08/2025  | 5812 | 41520 | 10 | 0 |
|  | 08/2025  | 1410 | 77649 | 124 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 11258 | $1573 | 0 | (1) |
|  | 07/2025  | 3633836 | 25227 | 39 | (45) |
|  | 07/2025  | $117422 | 17114367 | 1424 | 0 |
|  | 07/2025  | 3421 | 14482 | 17 | 0 |
|  | 07/2025  | 3213 | 32407 | 2 | 0 |
|  | 07/2025  | 6149 | 21908 | 36 | 0 |
|  | 07/2025  | 117 | 433 | 3 | 0 |
|  | 08/2025  | 292039 | $40792 | 0 | (159) |
|  | 08/2025  | 17051453 | 117422 | 0 | (1425) |
|  | 08/2025  | 32401 | 3213 | 0 | (2) |
|  | 08/2025  | $5045 | 36062 | 11 | 0 |
|  | 09/2025  | 44610 | $31369 | 0 | (1502) |
|  | 09/2025  | 21908 | 6135 | 0 | (36) |
|  | 09/2025  | $1109 | 574708 | 0 | (26) |
|  | 10/2025  | 266800 | $43570 | 0 | (4417) |
|  | 12/2025  | 180845 | 7167 | 0 | (127) |
|  | 01/2026  | 605580 | $86895 | 0 | (9992) |
|  | 04/2026  | 715460 | 102253 | 0 | (12852) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | $22572 | 367918808 | 115 | 0 |
|  | 08/2025  | 1974 | 82402 | 23 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | 17593 | 127038 | 222 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 638 | $184 | 0 | (5) |
|  | 07/2025  | 2782 | 1680 | 0 | (16) |
|  | 07/2025  | 39666 | 1362 | 0 | (4) |
|  | 07/2025  | $3207 | 23006 | 12 | 0 |
|  | 07/2025  | 1630 | 88199 | 135 | 0 |
|  | 07/2025  | 3110 | 2286 | 28 | 0 |
|  | 07/2025  | 8774 | 142961719 | 42 | 0 |
|  | 07/2025  | 3100 | 446356 | 4 | (4) |
|  | 07/2025  | 33641 | 43390 | 484 | 0 |
|  | 07/2025  | 14963 | 444596 | 344 | 0 |
|  | 08/2025  | 745137 | $104268 | 0 | (220) |
|  | 08/2025  | 189953 | 1320 | 0 | (4) |
|  | 08/2025  | 43291 | 33641 | 0 | (492) |
|  | 08/2025  | 184420 | 5652 | 0 | (759) |
|  | 08/2025  | $8614 | 61692 | 37 | 0 |
|  | 08/2025  | 46715 | 296485 | 210 | 0 |
|  | 08/2025  | 11609 | 996673 | 0 | (6) |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 2260 | 115726 | 53 | 0 |
|  | 07/2025  | 195683 | 28246805 | 469 | 0 |
|  | 07/2025  | 336 | 3374 | 0 | (1) |
|  | 07/2025  | 99 | 433 | 2 | 0 |
|  | 08/2025  | 28143152 | $195683 | 0 | (472) |
|  | 08/2025  | 3373 | 336 | 1 | 0 |
|  | 08/2025  | $1250 | 65063 | 36 | 0 |
|  | 08/2025  | 34 | 12434 | 2 | 0 |
|  | 08/2025  | 67 | 5743 | 0 | 0 |
|  | 09/2025  | 42868 | $2234 | 0 | (33) |
|  | 12/2025  | $1700 | 92735 | 48 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 173 | $127 | 0 | 0 |
|  | 07/2025  | 265833 | 360033 | 0 | (4862) |
|  | 07/2025  | 20013 | 5431 | 0 | (215) |
|  | 07/2025  | $49594 | 290048 | 3792 | 0 |
|  | 07/2025  | 3153 | 2719 | 50 | 0 |
|  | 08/2025  | 230744 | $7709 | 0 | (313) |
|  | 08/2025  | $127 | 173 | 0 | 0 |
|  | 08/2025  | 7256 | 5291 | 8 | 0 |
|  | 10/2025  | 63703 | $17375 | 0 | (561) |
|  | 11/2025  | 9431 | 2556 | 0 | (96) |
|  | 01/2026  | 13690000 | 91427 | 0 | (5566) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 6350 | 1770 | 0 | (116) |
|  | 07/2025  | 1231139 | 8506 | 0 | (44) |
|  | 07/2025  | 1508146 | 1113 | 0 | (3) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 15 | 32 | 55 | 67 | 90 | 91 | 98 | 101 | 112 | 117 | 120 | 153 | 170 | 171 | 186 | 212 | 222 | 229 |
|  | 07/2025  | 07/2025  | 20864 | 20864 | 20864 | 20864 |  |  | 628 | 628 | 628 | 628 |  | 0 | 0 | 0 |  | (15) |
|  | 07/2025  | 07/2025  | $2517 | 2517 | 2517 | 2517 | CLP | CLP | 2362821 | 2362821 | 2362821 | 2362821 |  | 20 | 20 | 20 |  | 0 |
|  | 07/2025  | 07/2025  | 1113 | 1113 | 1113 | 1113 | KRW | KRW | 1508876 | 1508876 | 1508876 | 1508876 |  | 3 | 3 | 3 |  | 0 |
|  | 07/2025  | 07/2025  | 485 | 485 | 485 | 485 | NOK | NOK | 4928 | 4928 | 4928 | 4928 |  | 4 | 4 | 4 |  | 0 |
|  | 07/2025  | 07/2025  | 75 | 75 | 75 | 75 | RON | RON | 329 | 329 | 329 | 329 |  | 1 | 1 | 1 |  | 0 |
|  | 09/2025  | 09/2025  | 458 | 458 | 458 | 458 | $ | $ | 24 | 24 | 24 | 24 |  | 0 | 0 | 0 |  | (1) |
|  | 09/2025  | 09/2025  | $31369 | 31369 | 31369 | 31369 | CAD | CAD | 44590 | 44590 | 44590 | 44590 |  | 1487 | 1487 | 1487 |  | 0 |
|  | 12/2025  | 12/2025  | 7167 | 7167 | 7167 | 7167 | CZK | CZK | 180838 | 180838 | 180838 | 180838 |  | 127 | 127 | 127 |  | 0 |
|  | 12/2025  | 12/2025  | 87797 | 87797 | 87797 | 87797 | $ | $ | 1870 | 1870 | 1870 | 1870 |  | 0 | 0 | 0 |  | (38) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**82786** | **82786** | **82786** | **$** | $**(297860)** | **(297860)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  |  |  | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BOA | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.650 | 24.650 | 24.650 | 03/11/2026 | 15897 | 15897 | 15897 | $109 | 109 | $ | $113 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | HUF | 399.000 | 399.000 | 399.000 | 08/25/2025 | 20228 | 20228 | 20228 | 91 | 91 |  | 122 |
|  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.115 | 1.115 | 1.115 | 11/26/2025 | 5400 | 5400 | 5400 | 21 | 21 |  | 18 |
| BRC | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | SEK | SEK | SEK | 10.200 | 10.200 | 10.200 | 11/26/2025 | 32444 | 32444 | 32444 | 202 | 202 |  | 169 |
| GLM | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.100 | 1.100 | 1.100 | 12/17/2025 | 5157 | 5157 | 5157 | 590 | 590 |  | 380 |
| JPM | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.600 | 24.600 | 24.600 | 12/22/2025 | 44503 | 44503 | 44503 | 199 | 199 |  | 225 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | HUF | HUF | 395.000 | 395.000 | 395.000 | 09/29/2025 | 23908 | 23908 | 23908 | 121 | 121 |  | 100 |
| MBC | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.098 | 1.098 | 1.098 | 12/23/2025 | 4002 | 4002 | 4002 | 465 | 465 |  | 280 |
| MYI | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | CZK | 24.750 | 24.750 | 24.750 | 12/09/2025 | 17000 | 17000 | 17000 | 101 | 101 |  | 125 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  |  | 24.550 | 24.550 | 24.550 | 12/16/2025 | 40056 | 40056 | 40056 | 179 | 179 |  | 170 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  |  | 24.700 | 24.700 | 24.700 | 12/16/2025 | 28386 | 28386 | 28386 | 178 | 178 |  | 187 |
|  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | $ | 1.110 | 1.110 | 1.110 | 11/24/2025 | 101468 | 101468 | 101468 | 476 | 476 |  | 288 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $2732 | 2732 | $ | $2177 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BPS | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.570% | 4.570% | 4.570% | 4.570% | 08/13/2025 | 08/13/2025 | 17200 | 17200 | 17200 | $24 | 24 | $ | $0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.750 | 4.750 | 4.750 | 4.750 | 08/20/2025 | 08/20/2025 | 783000 | 783000 | 783000 | 877 | 877 |  | 0 |
| GLM | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.700 | 4.700 | 4.700 | 4.700 | 08/20/2025 | 08/20/2025 | 919900 | 919900 | 919900 | 1177 | 1177 |  | 1 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.750 | 4.750 | 4.750 | 4.750 | 08/20/2025 | 08/20/2025 | 60000 | 60000 | 60000 | 67 | 67 |  | 0 |
| JPM | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 4.570 | 4.570 | 4.570 | 4.570 | 08/13/2025 | 08/13/2025 | 400 | 400 | 400 | 1 | 1 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $2146 | 2146 | $ | $1 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**4878** | **4878** | **$** | $**2178** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description |  |  |  | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GLM | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | TRY | TRY | TRY | 53.500 | 53.500 | 53.500 | 12/11/2025 | 25600 | 25600 | 25600 | $(831) | (831) | $ | $(694) |
| UAG | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  |  | 54.000 | 54.000 | 54.000 | 12/16/2025 | 16084 | 16084 | 16084 | (529) | (529) |  | (440) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(1360) | (1360) | $ | $(1134) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.555% | 3.555% | 3.555% | 3.555% | 07/24/2025 | 07/24/2025 | 54700 | 54700 | 54700 | $(174) | (174) | $ | $(197) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.905 | 3.905 | 3.905 | 3.905 | 07/24/2025 | 07/24/2025 | 54700 | 54700 | 54700 | (174) | (174) |  | (101) |
| BRC | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.350 | 4.350 | 4.350 | 4.350 | 09/25/2025 | 09/25/2025 | 50400 | 50400 | 50400 | (484) | (484) |  | (14) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.605 | 3.605 | 3.605 | 3.605 | 07/23/2025 | 07/23/2025 | 3600 | 3600 | 3600 | (13) | (13) |  | (17) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 3.955 | 3.955 | 3.955 | 3.955 | 07/23/2025 | 07/23/2025 | 3600 | 3600 | 3600 | (12) | (12) |  | (4) |
| DUB | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.330 | 4.330 | 4.330 | 4.330 | 09/25/2025 | 09/25/2025 | 48500 | 48500 | 48500 | (534) | (534) |  | (15) |
| GLM | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.330 | 4.330 | 4.330 | 4.330 | 09/25/2025 | 09/25/2025 | 15400 | 15400 | 15400 | (169) | (169) |  | (5) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.583 | 3.583 | 3.583 | 3.583 | 07/23/2025 | 07/23/2025 | 22100 | 22100 | 22100 | (77) | (77) |  | (91) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 5 | 8 | 20 | 32 | 34 | 37 | 53 | 67 | 71 | 85 | 91 | 93 | 117 | 133 | 150 | 161 | 176 | 188 | 210 | 216 | 229 | 233 | 243 |
|  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.933 | 3.933 | 07/23/2025 | 07/23/2025 |  | 22100 |  | (77) | (77) | (77) | (31) | (31) | (31) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.555 | 3.555 | 07/30/2025 | 07/30/2025 |  | 54900 |  | (169) | (169) | (169) | (227) | (227) | (227) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.905 | 3.905 | 07/30/2025 | 07/30/2025 |  | 54900 |  | (169) | (169) | (169) | (129) | (129) | (129) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (2052) | (2052) | (2052) | $(831) | (831) | (831) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(3412)** | **(3412)** | **(3412)** | $**(1965)** | **(1965)** | **(1965)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| GST | Korea International Bond  | Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000)% | (1.000)% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.262% | 0.262% | $24340 | 24340 | $(777) | (777) | $(51) | (51) | $0 | 0 | 0 | $(828) |
| MYC | Korea International Bond  | Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000) | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | 0.262 | 0.262 | 24600 | 24600 | (786) | (786) | (51) | (51) | 0 | 0 | 0 | (837) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(1563) | (1563) | $(102) | (102) | $0 | 0 | 0 | $(1665) |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> | <u>Swap Agreements, at Value</u><sup>(7)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| DUB | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | Petroleos Mexicanos **«** | 4.750% | 4.750% | Monthly | Monthly | 07/06/2026 | 07/06/2026 | 07/06/2026 | -◆ | -◆ | $51158 | 51158 | $0 | 0 | $276 | 276 | $276 | 276 | 276 | $0 |
| **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Receive | Pay | Pay | Pay | Payment<br>Frequency | Maturity<br>Date<sup>(8)</sup> | Maturity<br>Date<sup>(8)</sup> | Maturity<br>Date<sup>(8)</sup> | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received |  | Notional Amount<br>of Currency<br>Delivered |  | Upfront <br>Payable/<br>(Receivable) | Upfront <br>Payable/<br>(Receivable) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | 12/17/2026 | 12/17/2026 | 12/17/2026 | $520600 | 520600 | 520600 | JPY | 77080000 | $ | 1070 | 1070 | 62 | $ | 1132 | 1132 | $ | 0 |
|  |  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.462% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | 09/17/2030 | 09/17/2030 | 09/17/2030 | 148196 | 148196 | 148196 |  | 22600000 |  | (175) | (175) | 305 |  | 130 | 130 |  | 0 |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.459% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | 09/17/2030 | 09/17/2030 | 09/17/2030 | 4914 | 4914 | 4914 |  | 750000 |  | (10) | (10) | 9 |  | 0 | 0 |  | (1) |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | 10/15/2026 | 10/15/2026 | 10/15/2026 | 628742 | 628742 | 628742 |  | 99528300 |  | (8057) | (8057) | 290 |  | 0 | 0 |  | (7767) |
|  |  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.417% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | 12/17/2026 | 12/17/2026 | 12/17/2026 | 97012 | 97012 | 97012 |  | 14416000 |  | 33 | 33 | 18 |  | 51 | 51 |  | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 17 | 18 | 20 | 38 | 51 | 53 | 71 | 77 | 80 | 102 | 114 | 118 | 124 | 131 | 150 | 162 | 178 | 196 | 217 | 233 | 244 |
| &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.430% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.430% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 |  |  | 9819 |  |  |  | 1490000 |  | (19) |  | 5 | 0 |  | (14) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (7158) | $ | 689 | 1313 | $ | (7782) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  |  | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500% | 1.500% | Quarterly | Quarterly | Quarterly | 03/18/2031 | CNY | CNY | 5714400 | 5714400 | 5714400 | $(2045) | (2045) | 3067 | $1022 | 1022 | $0 |
|  |  | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | Quarterly | 03/19/2030 | MYR | MYR | 70330 | 70330 | 70330 | (51) | (51) | 285 | 234 | 234 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | Quarterly | 09/18/2034 |  |  | 82530 | 82530 | 82530 | (228) | (228) | (333) | 0 | 0 | (561) |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | Quarterly | 03/18/2031 | CNY | CNY | 2775200 | 2775200 | 2775200 | 0 | 0 | 496 | 496 | 496 | 0 |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | Quarterly | 03/19/2030 | MYR | MYR | 500090 | 500090 | 500090 | 237 | 237 | 1429 | 1666 | 1666 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | Quarterly | 09/20/2033 |  |  | 277980 | 277980 | 277980 | 1761 | 1761 | (3693) | 0 | 0 | (1932) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | Quarterly | 03/19/2035 |  |  | 55280 | 55280 | 55280 | 42 | 42 | (413) | 0 | 0 | (371) |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Pay | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 3-Month CNY-CNREPOFIX<sup>(2)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | Quarterly | 03/18/2031 | CNY | CNY | 647000 | 647000 | 647000 | 299 | 299 | (183) | 116 | 116 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 15 | 15 | 655 | 3534 | 3534 | (2864) |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(9)</sup> | Underlying<br>Reference | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | N/A | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | Maturity | 12/22/2025 | 12/22/2025 | 12/22/2025 | $ | $229500 | 229500 | 0 | 0 | (4346) | 0 | 0 | (4346) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | N/A | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | Maturity | 09/22/2025 | 09/22/2025 | 09/22/2025 |  | 149400 | 149400 | 1540 | 1540 | (5265) | 0 | 0 | (3725) |
| &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | N/A | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | &nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.199 | Maturity | 09/22/2025 | 09/22/2025 | 09/22/2025 |  | 65400 | 65400 | 706 | 706 | (2320) | 0 | 0 | (1614) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2246 | 2246 | (11931) | 0 | 0 | (9685) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(6460)** | **(6460)** | **(10413)** | **5123** | **5123** | **(21996)** |
| **(n)** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $208,749 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| ◆ | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(3)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(5)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(7)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(8)</sup> | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. |
| <sup>(9)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |

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<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2 | 131 | 212 |
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Argentina | Argentina | Argentina |
| Sovereign Issues | $4044 | $4044 |
| Australia | Australia | Australia |
| Corporate Bonds & Notes | 36712 | 36712 |
| Sovereign Issues | 371562 | 371562 |
| Belgium | Belgium | Belgium |
| Corporate Bonds & Notes | 8263 | 8263 |
| Bermuda | Bermuda | Bermuda |
| Asset-Backed Securities | 14105 | 14105 |
| Brazil | Brazil | Brazil |
| Sovereign Issues | 298173 | 298173 |
| Canada | Canada | Canada |
| Corporate Bonds & Notes | 97442 | 97442 |
| Non-Agency Mortgage-Backed Securities | 17923 | 17923 |
| Sovereign Issues | 690023 | 690023 |
| Cayman Islands | Cayman Islands | Cayman Islands |
| Asset-Backed Securities | 298910 | 298910 |
| Corporate Bonds & Notes | 45361 | 45361 |
| Sovereign Issues | 9957 | 9957 |
| Chile | Chile | Chile |
| Sovereign Issues | 14525 | 14525 |
| China | China | China |
| Sovereign Issues | 157280 | 157280 |
| Denmark | Denmark | Denmark |
| Corporate Bonds & Notes | 310598 | 310598 |
| France | France | France |
| Corporate Bonds & Notes | 119181 | 119181 |
| Sovereign Issues | 794024 | 794024 |
| Germany | Germany | Germany |
| Corporate Bonds & Notes | 58227 | 58227 |
| Hungary | Hungary | Hungary |
| Sovereign Issues | 32392 | 32392 |
| Ireland | Ireland | Ireland |
| Asset-Backed Securities | 350237 | 386754 |
| Corporate Bonds & Notes | 4098 | 4098 |
| Loan Participations and Assignments | 0 | 41052 |
| Israel | Israel | Israel |
| Sovereign Issues | 156319 | 156319 |
| Italy | Italy | Italy |
| Corporate Bonds & Notes | 49507 | 49507 |
| Sovereign Issues | 27418 | 27418 |
| Japan | Japan | Japan |
| Corporate Bonds & Notes | 41841 | 62541 |
| Sovereign Issues | 1204190 | 1204190 |
| Jersey, Channel Islands | Jersey, Channel Islands | Jersey, Channel Islands |
| Asset-Backed Securities | 45594 | 45594 |
| Luxembourg | Luxembourg | Luxembourg |
| Corporate Bonds & Notes | 1494 | 1494 |
| Malaysia | Malaysia | Malaysia |
| Corporate Bonds & Notes | 9355 | 9355 |
| Sovereign Issues | 238985 | 238985 |
| Mexico | Mexico | Mexico |
| Sovereign Issues | 4746 | 4746 |
| Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | 103968 | 103968 |
| New Zealand | New Zealand | New Zealand |
| Sovereign Issues | 159 | 159 |
| Nigeria | Nigeria | Nigeria |
| Loan Participations and Assignments | 14158 | 14158 |
| Norway | Norway | Norway |
| Sovereign Issues | 13275 | 13275 |
| Peru | Peru | Peru |
| Sovereign Issues | 136850 | 136850 |
| Poland | Poland | Poland |
| Sovereign Issues | 85818 | 85818 |
| Qatar | Qatar | Qatar |
| Corporate Bonds & Notes | 13240 | 13240 |
| Romania | Romania | Romania |
| Sovereign Issues | 196905 | 196905 |
| Saudi Arabia | Saudi Arabia | Saudi Arabia |
| Corporate Bonds & Notes | 11987 | 11987 |
| Sovereign Issues | 239653 | 239653 |
| Serbia | Serbia | Serbia |
| Loan Participations and Assignments | 0 | 53962 |
| Singapore | Singapore | Singapore |
| Sovereign Issues | 138882 | 138882 |
| Slovakia | Slovakia | Slovakia |
| Corporate Bonds & Notes | 13796 | 13796 |
| South Africa | South Africa | South Africa |
| Sovereign Issues | 137598 | 137598 |
| South Korea | South Korea | South Korea |
| Sovereign Issues | 279170 | 279170 |
| Spain | Spain | Spain |
| Corporate Bonds & Notes | 10084 | 10084 |
| Sovereign Issues | 992189 | 992189 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 12 | 50 | 74 | 86 | 103 | 116 | 131 | 154 | 170 | 181 | 196 | 214 | 241 |
| Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational | Supranational |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 9706 | 9706 | 0 | 0 |  | 9706 |  |
| Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland | Switzerland |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 128167 | 128167 | 0 | 0 |  | 128167 |  |
| Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand | Thailand |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 187306 | 187306 | 0 | 0 |  | 187306 |  |
| United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 65931 | 65931 | 0 | 0 |  | 65931 |  |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 316979 | 316979 | 0 | 0 |  | 316979 |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 0 | 0 | 3673 | 3673 |  | 3673 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 166949 | 166949 | 0 | 0 |  | 166949 |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 316871 | 316871 | 0 | 0 |  | 316871 |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 0 | 0 | 0 | 396538 | 396538 | 71472 | 71472 |  | 468010 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 896656 | 896656 | 0 | 0 |  | 896656 |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 0 | 0 | 0 | 12658 | 12658 | 12809 | 12809 |  | 25467 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | 0 | 0 | 0 | 22597 | 22597 | 0 | 0 |  | 22597 |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 581446 | 581446 | 36470 | 36470 |  | 617916 |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | 0 | 0 | 0 | 9994 | 9994 | 0 | 0 |  | 9994 |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 6915200 | 6915200 | 0 | 0 |  | 6915200 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 1147564 | 1147564 | 0 | 0 |  | 1147564 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Commercial Paper | Commercial Paper | Commercial Paper | Commercial Paper | 950 | 950 | 950 | 109547 | 109547 | 0 | 0 |  | 110497 |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 422 | 422 | 0 | 0 |  | 422 |  |
| Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | Nigeria Treasury Bills | 0 | 0 | 0 | 40090 | 40090 | 0 | 0 |  | 40090 |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 99854 | 99854 | 0 | 0 |  | 99854 |  |
|  |  |  |  | $21650 | 21650 | 21650 | $19324693 | 19324693 | $255955 | 255955 | $ | 19602298 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $984165 | 984165 | 984165 | $0 | 0 | $0 | 0 | $ | 984165 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | $1005815 | 1005815 | 1005815 | $19324693 | 19324693 | $255955 | 255955 | $ | 20586463 |  |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $(1683406) | (1683406) | $0 | 0 | $ | (1683406) |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 15349 | 15349 | 15349 | 9471 | 9471 | 0 | 0 |  | 24820 |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 89811 | 89811 | 276 | 276 |  | 90087 |  |
|  |  |  |  | $15349 | 15349 | 15349 | $99282 | 99282 | $276 | 276 | $ | 114907 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (6869) | (6869) | (6869) | (40935) | (40935) | 0 | 0 |  | (47804) |  |
| Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (321821) | (321821) | 0 | 0 |  | (321821) |  |
|  |  |  |  | $(6869) | (6869) | (6869) | $(362756) | (362756) | $0 | 0 | $ | (369625) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $8480 | 8480 | 8480 | $(263474) | (263474) | $276 | 276 | $ | (254718) |  |
| Totals | Totals | Totals | Totals | $1014295 | 1014295 | 1014295 | $17377813 | 17377813 | $256231 | 256231 | $ | 18648339 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Sales/Settlements<sup>(1)</sup> | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Ireland |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Asset-Backed Securities | $32226 | $(303) | $ | 0 | $12 | $ | 4051 | $0 | 0 | $(34722) | (34722) | $36517 | $1263 |
| Loan Participations and Assignments | 37338 | 0 |  | 10 | 0 |  | 3704 | 0 | 0 | 0 | 0 | 41052 | 3703 |
| Serbia |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments<sup>(3)</sup> | 49785 | 0 |  | 3 | 0 |  | 4174 | 0 | 0 | 0 | 0 | 53962 | 4174 |
| United Kingdom |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Loan Participations and Assignments | 3372 | 0 |  | 0 | 0 |  | 301 | 0 | 0 | 0 | 0 | 3673 | 301 |
| United States |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Asset-Backed Securities | 68994 | (51200) |  | 8 | (40) |  | 1 | 0 | 0 | 0 | 0 | 71472 | 45 |
| Loan Participations and Assignments | 12801 | 0 |  | 0 | 0 |  | 8 | 0 | 0 | 0 | 0 | 12809 | 8 |

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------

<br> Schedule of Investments PIMCO International Bond Fund (U.S. Dollar-Hedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 3 | 11 | 12 | 31 | 46 | 50 | 81 | 103 | 123 | 154 | 181 | 198 | 205 | 214 | 237 | 241 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities |  | 37238 | 0 |  | (1124) | 16 | 56 | 284 | 0 | 0 | 0 |  | 36470 |  | 289 |
|  |  | $241754 | 241754 | 88962 | $ | $(52627) | $37 | $28 | $12523 | $0 | $(34722) | (34722) | $ | 255955 | $ | 9783 |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | Over the counter | $431 | 431 | 0 | $ | $(49) | $0 | $0 | $(106) | $0 | $0 | 0 | $ | 276 | $ | (106) |
| Totals | Totals | $242185 | 242185 | 88962 | $ | $(52676) | $37 | $28 | $12417 | $0 | $(34722) | (34722) | $ | 256231 | $ | 9677 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Input Value(s) | &nbsp;&nbsp;&nbsp;&nbsp; Input Value(s) | &nbsp;&nbsp;&nbsp;&nbsp; Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland | Ireland |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | $36517 | 36517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000 | 100.000 | 100.000 |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 41052 | 41052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 | 3.327 | 3.327 |  |  |
| Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia | Serbia |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 53962 | 53962 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.510 - 5.595 | 3.510 - 5.595 | 3.510 - 5.595 | 4.718 | 4.718 |
| United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 3673 | 3673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000 | 100.000 | 100.000 |  |  |
| United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States | United States |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | 68972 | 68972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 5.363 - 12.000 | 5.363 - 12.000 | 5.363 - 12.000 | 6.240 | 6.240 |
|  |  |  |  | 2500 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase price | 100.000 | 100.000 | 100.000 |  |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | 7609 | 7609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.340 | 6.340 | 6.340 |  |  |
|  |  |  |  | 5200 | 5200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000 | 100.000 | 100.000 |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 27744 | 27744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 5.396 | 5.396 | 5.396 |  |  |
|  |  |  |  | 8726 | 8726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | $7.252 | 7.252 | 7.252 |  |  |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | Over the counter | Over the counter | 276 | 276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.197 | 0.197 | 0.197 |  |  |
| Total | Total | Total | Total | $256231 | 256231 |  |  |  |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(3)</sup> | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. | Country type updated from Luxemburg to Serbia since prior fiscal year end. |

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<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 118.3% ¤** |  |  |
| **ARGENTINA 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 0.750% due 07/09/2030  | $519 | $413 |
| 1.000% due 07/09/2029  | 14 | 11 |
| 3.500% due 07/09/2041  | 100 | 62 |
| Total Argentina (Cost $426) |  | 486 |
| **AUSTRALIA 2.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.7%**  |  |  |
| **Commonwealth Bank of Australia** <br>4.971% due 01/22/2030 | $5900 | 6120 |
| **SOVEREIGN ISSUES 1.8%**  |  |  |
| **Australia Government International Bond**  |  |  |
| 1.750% due 06/21/2051  | 1000 | 358 |
| 2.500% due 05/21/2030  | 1100 | 693 |
| **New South Wales Treasury Corp.**  |  |  |
| 1.750% due 03/20/2034  | 5800 | 3018 |
| 2.000% due 03/08/2033  | 1000 | 553 |
| **Queensland Treasury Corp.**  |  |  |
| 1.750% due 07/20/2034  | 2000 | 1023 |
| 2.000% due 08/22/2033  | 6100 | 3306 |
| **Treasury Corp. of Victoria**  |  |  |
| 2.000% due 09/17/2035  | 4700 | 2362 |
| 2.250% due 09/15/2033  | 6700 | 3699 |
| 4.250% due 12/20/2032  | 1500 | 977 |
|  |  | 15989 |
| Total Australia (Cost $21,528) |  | 22109 |
| **BERMUDA 0.1%**  |  |  |
| **ASSET-BACKED SECURITIES 0.1%**  |  |  |
| **Trinitas CLO Ltd.** <br>5.309% due 07/20/2035 •  | $1300 | 1294 |
| Total Bermuda (Cost $1,300) |  | 1294 |
| **BRAZIL 1.3%**  |  |  |
| **SOVEREIGN ISSUES 1.3%**  |  |  |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (d) | 66900 | 11877 |
| Total Brazil (Cost $11,182) |  | 11877 |
| **CANADA 4.2%**  |  |  |
| **CORPORATE BONDS & NOTES 0.9%**  |  |  |
| **Bank of Nova Scotia** <br>0.010% due 09/14/2029 | 1900 | 2015 |
| **Canadian Imperial Bank of Commerce** <br>4.876% due 01/14/2030 | $4500 | 4652 |
| **Fairfax Financial Holdings Ltd.** <br>2.750% due 03/29/2028 | 900 | 1055 |
|  |  | 7722 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.2%**  |  |  |
| **Real Estate Asset Liquidity Trust**  |  |  |
| 2.381% due 02/12/2055 ~  | 621 | 445 |

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<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 2.867% due 02/12/2055 ~  | 2400 | 1658 |
|  |  | 2103 |
| **SOVEREIGN ISSUES 3.1%**  |  |  |
| **Canada Government Bond**  |  |  |
| 1.500% due 12/01/2044 (e)  | 1555 | 1123 |
| 2.750% due 03/01/2030  | 100 | 73 |
| **Export Development Canada** <br>7.130% due 03/11/2029 | 123600 | 1466 |
| **Province of British Columbia** <br>4.150% due 06/18/2034 | 4300 | 3257 |
| **Province of Ontario** <br>3.650% due 06/02/2033 | 13500 | 9969 |
| **Province of Quebec**  |  |  |
| 3.600% due 09/01/2033  | 10500 | 7707 |
| 4.450% due 09/01/2034  | 2000 | 1546 |
| **PSP Capital, Inc.** <br>4.500% due 09/05/2031 | 3500 | 2330 |
|  |  | 27471 |
| Total Canada (Cost $36,607) |  | 37296 |
| **CAYMAN ISLANDS 2.6%**  |  |  |
| **ASSET-BACKED SECURITIES 2.2%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | $2178 | 2183 |
| **KKR CLO Ltd.**  |  |  |
| 5.468% due 07/15/2030 •  | 378 | 378 |
| 5.586% due 04/15/2035 •  | 2100 | 2103 |
| **LoanCore Issuer Ltd.** <br>5.853% due 01/17/2037 •  | 3028 | 3036 |
| **Starwood Commercial Mortgage Trust**  |  |  |
| 5.629% due 04/18/2038 •  | 1703 | 1697 |
| 5.654% due 11/15/2038 •  | 2704 | 2702 |
| **TCI-Symphony CLO Ltd.** <br>5.523% due 10/13/2032 •  | 2189 | 2191 |
| **TPG Real Estate Finance Issuer Ltd.** <br>5.964% due 02/15/2039 •  | 3447 | 3454 |
| **Venture CLO Ltd.** <br>5.664% due 04/20/2032 •  | 1996 | 1998 |
| **Voya CLO Ltd.** <br>5.491% due 04/17/2030 •  | 136 | 136 |
|  |  | 19878 |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 1144 | 1088 |
| **Sands China Ltd.** <br>5.400% due 08/08/2028 | 1500 | 1512 |
|  |  | 2600 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **KSA Sukuk Ltd.** <br>5.268% due 10/25/2028 | 800 | 821 |
| Total Cayman Islands (Cost $23,300) |  | 23299 |
| **CHILE 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Chile Government International Bond** <br>4.850% due 01/22/2029 | $800 | 813 |
| Total Chile (Cost $799) |  | 813 |
| **CHINA 2.0%**  |  |  |
| **SOVEREIGN ISSUES 2.0%**  |  |  |
| **China Government International Bond**  |  |  |
| 1.920% due 01/15/2055  | 64700 | 9033 |
| 3.530% due 10/18/2051  | 47500 | 8782 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total China (Cost $16,654) |  | 17815 |
| **DENMARK 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Danske Bank AS** <br>4.613% due 10/02/2030 •  | $2400 | 2391 |
| **Jyske Realkredit AS**  |  |  |
| 1.000% due 10/01/2050  | 36 | 4 |
| **Nordea Kredit Realkreditaktieselskab**  |  |  |
| 1.500% due 10/01/2053  | 2263 | 291 |
| **Nykredit Realkredit AS**  |  |  |
| 1.500% due 10/01/2052  | 5272 | 676 |
| **Realkredit Danmark AS**  |  |  |
| 1.500% due 10/01/2053  | 4071 | 523 |
| Total Denmark (Cost $4,179) |  | 3885 |
| **FRANCE 4.0%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Banque Federative du Credit Mutuel SA** <br>5.088% due 01/23/2027 | $900 | 910 |
| **BPCE SA** <br>5.716% due 01/18/2030 •  | 2400 | 2472 |
|  |  | 3382 |
| **SOVEREIGN ISSUES 3.6%**  |  |  |
| **France Government International Bond**  |  |  |
| 0.500% due 05/25/2072  | 1600 | 518 |
| 0.750% due 02/25/2028  | 4200 | 4773 |
| 2.000% due 05/25/2048  | 300 | 255 |
| 2.750% due 10/25/2027  | 4200 | 5024 |
| 2.750% due 02/25/2030  | 13900 | 16544 |
| 3.000% due 06/25/2049  | 5300 | 5396 |
|  |  | 32510 |
| Total France (Cost $34,313) |  | 35892 |
| **GERMANY 0.3%**  |  |  |
| **CORPORATE BONDS & NOTES 0.3%**  |  |  |
| **Deutsche Bank AG**  |  |  |
| 1.750% due 11/19/2030 •  | 600 | 663 |
| 2.129% due 11/24/2026 •  | $1900 | 1881 |
| Total Germany (Cost $2,471) |  | 2544 |
| **HUNGARY 0.5%**  |  |  |
| **SOVEREIGN ISSUES 0.5%**  |  |  |
| **Hungary Government International Bond**  |  |  |
| 6.000% due 09/26/2035  | $2700 | 2717 |
| 6.250% due 09/22/2032  | 1400 | 1464 |
| Total Hungary (Cost $4,054) |  | 4181 |
| **IRELAND 2.7%**  |  |  |
| **ASSET-BACKED SECURITIES 2.7%**  |  |  |
| **Accunia European CLO DAC** <br>3.229% due 07/15/2030 •  | 312 | 368 |
| **Arcano Euro CLO DAC** <br>0.000% due 07/25/2039 •(b) | 2900 | 3416 |
| **Ares European CLO DAC** <br>3.266% due 10/21/2034 •  | 2256 | 2657 |
| **Blackrock European CLO DAC** <br>3.116% due 07/19/2035 •  | 1300 | 1525 |
| **Cairn CLO DAC** <br>3.059% due 10/15/2031 •  | 1093 | 1285 |
| **CVC Cordatus Loan Fund DAC** <br>2.929% due 10/15/2031 •  | 1021 | 1204 |
| **CVC Cordatus Opportunity Loan Fund-R DAC** <br>2.983% due 08/15/2033 •  | 1177 | 1383 |
| **Dryden Euro CLO DAC** <br>2.939% due 04/15/2033 •  | 1283 | 1510 |
| **Grosvenor Place CLO DAC** <br>0.000% due 01/15/2039 •  | 1800 | 2119 |
| **Harvest CLO DAC** <br>2.919% due 10/15/2031 •  | 742 | 874 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Jubilee** **CLO DAC** <br>2.929% due 04/15/2031 •  | 1264 | 1482 |
| **Palmer Square European Loan Funding DAC** <br>3.170% due 10/15/2034 •  | 1400 | 1645 |
| **Rockford Tower Europe CLO DAC** <br>3.561% due 04/24/2037 •  | 1800 | 2121 |
| **Sculptor European CLO DAC** <br>3.329% due 10/15/2034 •  | 1900 | 2233 |
| Total Ireland (Cost $22,826) |  | 23822 |
| **ISRAEL 0.8%**  |  |  |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Israel Government International Bond**  |  |  |
| 4.500% due 01/17/2033  | $600 | 574 |
| 5.375% due 03/12/2029  | 1300 | 1328 |
| 5.375% due 02/19/2030  | 2400 | 2449 |
| 5.500% due 03/12/2034  | 1300 | 1318 |
| 5.625% due 02/19/2035  | 300 | 305 |
| 5.750% due 03/12/2054  | 1300 | 1206 |
| Total Israel (Cost $7,106) |  | 7180 |
| **ITALY 0.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Banca Monte dei Paschi di Siena SpA** <br>0.875% due 10/08/2027 | 1800 | 2089 |
| **Intesa Sanpaolo SpA** <br>8.248% due 11/21/2033 •  | $1000 | 1161 |
|  |  | 3250 |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.750% due 05/05/2026 | 1400 | 1414 |
| Total Italy (Cost $4,563) |  | 4664 |
| **JAPAN 7.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.5%**  |  |  |
| **Mitsubishi UFJ Financial Group, Inc.** <br>5.159% due 04/24/2031 •  | $1600 | 1639 |
| **Nomura Holdings, Inc.** <br>2.329% due 01/22/2027 | 1000 | 967 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>5.246% due 07/08/2036 (b) | 2300 | 2300 |
|  |  | 4906 |
| **SOVEREIGN ISSUES 7.0%**  |  |  |
| **Development Bank of Japan, Inc.** <br>4.000% due 08/28/2027 | 1800 | 1801 |
| **Japan Government International Bond**  |  |  |
| 0.100% due 03/10/2028 (e)  | 1488346 | 10702 |
| 0.400% due 06/20/2029  | 320000 | 2179 |
| 0.400% due 06/20/2040  | 622100 | 3421 |
| 0.500% due 09/20/2046  | 74000 | 351 |
| 0.500% due 03/20/2049  | 1186000 | 5252 |
| 0.700% due 12/20/2048  | 1189000 | 5591 |
| 0.700% due 06/20/2051  | 200000 | 874 |
| 1.000% due 03/20/2052  | 500000 | 2337 |
| 1.500% due 09/20/2043  | 184300 | 1134 |
| 1.800% due 03/20/2054  | 18000 | 100 |
| 2.000% due 12/20/2044  | 470000 | 3090 |
| 2.200% due 06/20/2054  | 346000 | 2115 |
| 2.200% due 03/20/2064  | 588000 | 3283 |
| 2.300% due 12/20/2054  | 1052000 | 6567 |
| 2.400% due 03/20/2045  | 578000 | 4041 |
| 2.400% due 03/20/2055  | 1420000 | 9059 |
|  |  | 61897 |
| Total Japan (Cost $82,741) |  | 66803 |
| **MALAYSIA 1.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Petronas Capital Ltd.**  |  |  |
| 3.404% due 04/28/2061  | $800 | 522 |
| 4.550% due 04/21/2050  | 400 | 339 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.800% due 04/21/2060  | 400 | 345 |
|  |  | 1206 |
| **SOVEREIGN ISSUES 1.4%**  |  |  |
| **Malaysia Government International Bond**  |  |  |
| 2.632% due 04/15/2031  | 3700 | 847 |
| 3.519% due 04/20/2028  | 47830 | 11481 |
| 4.762% due 04/07/2037  | 1700 | 447 |
|  |  | 12775 |
| Total Malaysia (Cost $13,028) |  | 13981 |
| **MEXICO 0.1%**  |  |  |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **Mexico Government International Bond** <br>5.000% due 04/27/2051 | $600 | 467 |
| Total Mexico (Cost $559) |  | 467 |
| **NETHERLANDS 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Cooperatieve Rabobank UA** <br>5.447% due 03/05/2030 •  | $2500 | 2579 |
| **ING Groep NV** <br>5.525% due 03/25/2036 •  | 800 | 815 |
| Total Netherlands (Cost $3,300) |  | 3394 |
| **NEW ZEALAND 0.5%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Bank of New Zealand** <br>3.708% due 12/20/2028 | 3000 | 3671 |
| **SOVEREIGN ISSUES 0.1%**  |  |  |
| **New Zealand Government International Bond** <br>1.500% due 05/15/2031 | 1000 | 529 |
| Total New Zealand (Cost $4,063) |  | 4200 |
| **NORWAY 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Kommunalbanken AS** <br>1.900% due 01/19/2027 | 2200 | 1411 |
| Total Norway (Cost $1,602) |  | 1411 |
| **PERU 0.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Credicorp Capital Sociedad Titulizadora SA** <br>10.100% due 12/15/2043 | 2800 | 840 |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Peru Government International Bond**  |  |  |
| 2.780% due 12/01/2060  | $1000 | 540 |
| 6.150% due 08/12/2032  | 4000 | 1168 |
| 6.900% due 08/12/2037  | 6600 | 1899 |
| 6.950% due 08/12/2031  | 8961 | 2750 |
|  |  | 6357 |
| Total Peru (Cost $7,146) |  | 7197 |
| **POLAND 0.6%**  |  |  |
| **SOVEREIGN ISSUES 0.6%**  |  |  |
| **Republic of Poland Government International Bond**  |  |  |
| 3.875% due 02/14/2033  | 1700 | 2101 |
| 4.250% due 02/14/2043  | 500 | 591 |
| 4.625% due 03/18/2029  | $1600 | 1625 |
| 4.875% due 02/12/2030  | 500 | 511 |
| 5.375% due 02/12/2035  | 300 | 306 |
| 5.500% due 04/04/2053  | 400 | 373 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Poland (Cost $5,139) |  | 5507 |
| **QATAR 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **QatarEnergy** <br>2.250% due 07/12/2031 | $600 | 526 |
| Total Qatar (Cost $596) |  | 526 |
| **ROMANIA 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Romania Government International Bond**  |  |  |
| 2.000% due 01/28/2032  | 600 | 574 |
| 2.000% due 04/14/2033  | 100 | 90 |
| 2.124% due 07/16/2031  | 200 | 196 |
| 2.625% due 12/02/2040  | 800 | 587 |
| 2.750% due 04/14/2041  | 500 | 368 |
| 2.875% due 04/13/2042  | 1800 | 1323 |
| 3.750% due 02/07/2034  | 1200 | 1209 |
| 5.000% due 09/27/2026  | 100 | 121 |
| 5.125% due 09/24/2031  | 1800 | 2096 |
| 5.250% due 03/10/2030  | 600 | 723 |
| 5.250% due 05/30/2032  | 700 | 813 |
| 5.625% due 05/30/2037  | 700 | 777 |
| 6.250% due 09/10/2034  | 200 | 238 |
| Total Romania (Cost $10,407) |  | 9115 |
| **SAUDI ARABIA 1.8%**  |  |  |
| **CORPORATE BONDS & NOTES 0.2%**  |  |  |
| **Saudi Arabian Oil Co.**  |  |  |
| 2.250% due 11/24/2030  | $800 | 711 |
| 6.375% due 06/02/2055  | 800 | 801 |
|  |  | 1512 |
| **SOVEREIGN ISSUES 1.6%**  |  |  |
| **Saudi Government International Bond**  |  |  |
| 3.375% due 03/05/2032  | 1200 | 1409 |
| 3.750% due 03/05/2037  | 300 | 344 |
| 4.750% due 01/18/2028  | $2700 | 2723 |
| 4.750% due 01/16/2030  | 6600 | 6668 |
| 4.875% due 07/18/2033  | 600 | 603 |
| 5.125% due 01/13/2028  | 1700 | 1729 |
| 5.375% due 01/13/2031  | 1000 | 1038 |
|  |  | 14514 |
| Total Saudi Arabia (Cost $15,623) |  | 16026 |
| **SERBIA 0.2%**  |  |  |
| **SOVEREIGN ISSUES 0.2%**  |  |  |
| **Serbia Government International Bond**  |  |  |
| 1.000% due 09/23/2028  | 1100 | 1197 |
| 2.050% due 09/23/2036  | 900 | 807 |
| Total Serbia (Cost $2,315) |  | 2004 |
| **SINGAPORE 0.8%**  |  |  |
| **SOVEREIGN ISSUES 0.8%**  |  |  |
| **Singapore Government International Bond**  |  |  |
| 2.375% due 07/01/2039  | 355 | 281 |
| 2.750% due 03/01/2035  | 3190 | 2625 |
| 3.250% due 06/01/2054  | 4377 | 4098 |
| Total Singapore (Cost $5,893) |  | 7004 |
| **SOUTH AFRICA 0.7%**  |  |  |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Republic of South Africa Government International Bond**  |  |  |
| 8.000% due 01/31/2030  | 38000 | 2111 |
| 8.875% due 02/28/2035  | 78700 | 4151 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total South Africa (Cost $6,261) |  | 6262 |
| **SOUTH KOREA 1.8%**  |  |  |
| **SOVEREIGN ISSUES 1.8%**  |  |  |
| **Korea Government International Bond**  |  |  |
| 1.375% due 06/10/2030  | 77760 | 54 |
| 2.375% due 12/10/2028  | 227450 | 168 |
| 2.625% due 06/10/2028  | 18630300 | 13852 |
| **Korea National Oil Corp.** <br>4.250% due 09/30/2029 | $2000 | 1993 |
| Total South Korea (Cost $16,547) |  | 16067 |
| **SPAIN 4.6%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **CaixaBank SA** <br>6.684% due 09/13/2027 •  | $1200 | 1229 |
| **SOVEREIGN ISSUES 4.5%**  |  |  |
| **Autonomous Community of Catalonia** <br>4.220% due 04/26/2035 | 500 | 606 |
| **Spain Government International Bond**  |  |  |
| 0.000% due 01/31/2028 (d)  | 5500 | 6146 |
| 1.450% due 10/31/2071  | 1370 | 747 |
| 2.400% due 05/31/2028  | 3800 | 4507 |
| 3.150% due 04/30/2035  | 3920 | 4611 |
| 3.200% due 10/31/2035  | 7400 | 8695 |
| 3.450% due 07/30/2066  | 2268 | 2337 |
| 3.500% due 01/31/2041  | 2100 | 2422 |
| 3.550% due 10/31/2033  | 8000 | 9810 |
|  |  | 39881 |
| Total Spain (Cost $40,235) |  | 41110 |
| **SUPRANATIONAL 0.1%**  |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **Inter-American Development Bank** <br>2.500% due 04/14/2027 | 1800 | 1165 |
| Total Supranational (Cost $1,317) |  | 1165 |
| **SWITZERLAND 1.0%**  |  |  |
| **CORPORATE BONDS & NOTES 1.0%**  |  |  |
| **UBS Group AG**  |  |  |
| 3.091% due 05/14/2032 •  | $1100 | 999 |
| 3.869% due 01/12/2029 •  | 400 | 394 |
| 5.617% due 09/13/2030 •  | 1500 | 1558 |
| 6.373% due 07/15/2026 •  | 1200 | 1201 |
| 6.442% due 08/11/2028 •  | 2000 | 2079 |
| 6.537% due 08/12/2033 •  | 2400 | 2611 |
| Total Switzerland (Cost $8,270) |  | 8842 |
| **THAILAND 1.0%**  |  |  |
| **SOVEREIGN ISSUES 1.0%**  |  |  |
| **Thailand Government International Bond**  |  |  |
| 2.410% due 03/17/2035  | 20670 | 682 |
| 2.500% due 11/17/2029  | 185290 | 5961 |
| 3.775% due 06/25/2032  | 55960 | 1979 |
| Total Thailand (Cost $7,931) |  | 8622 |
| **UNITED ARAB EMIRATES 0.4%**  |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC**  |  |  |
| 4.375% due 10/02/2031  | $2400 | 2368 |
| 4.500% due 05/06/2030  | 200 | 199 |
| 5.000% due 05/06/2035  | 400 | 400 |
| **MDGH GMTN RSC Ltd.** <br>5.500% due 04/28/2033 | 600 | 625 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total United Arab Emirates (Cost $3,574) |  | 3592 |
| **UNITED KINGDOM 5.0%**  |  |  |
| **CORPORATE BONDS & NOTES 2.1%**  |  |  |
| **HSBC Holdings PLC**  |  |  |
| 4.856% due 05/23/2033 •  | 1800 | 2293 |
| 5.597% due 05/17/2028 •  | $500 | 510 |
| 5.887% due 08/14/2027 •  | 900 | 913 |
| **Nationwide Building Society** <br>2.972% due 02/16/2028 •  | 700 | 684 |
| **NatWest Group PLC**  |  |  |
| 5.076% due 01/27/2030 •  | 1600 | 1624 |
| 5.778% due 03/01/2035 •  | 2900 | 3013 |
| **NatWest Markets PLC** <br>5.596% due 03/21/2030 ~ | 2200 | 2209 |
| **Santander U.K. Group Holdings PLC** <br>6.534% due 01/10/2029 •  | 2350 | 2453 |
| **Standard Chartered PLC**  |  |  |
| 6.187% due 07/06/2027 •  | 2400 | 2437 |
| 6.296% due 07/06/2034 •  | 2400 | 2557 |
|  |  | 18693 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.8%**  |  |  |
| **Braccan Mortgage Funding PLC** <br>0.000% due 05/17/2067 •  | 2900 | 3998 |
| **EuroMASTR PLC** <br>4.558% due 06/15/2040 •  | 118 | 159 |
| **Eurosail-U.K. PLC** <br>5.308% due 06/13/2045 •  | 318 | 437 |
| **RMAC Securities PLC** <br>4.804% due 06/12/2044 •  | $106 | 103 |
| **Tower Bridge Funding PLC** <br>5.029% due 12/20/2066 •  | 1982 | 2724 |
|  |  | 7421 |
| **SOVEREIGN ISSUES 2.1%**  |  |  |
| **United Kingdom Gilt**  |  |  |
| 0.625% due 10/22/2050  | 3500 | 1767 |
| 1.250% due 07/31/2051  | 5700 | 3423 |
| 1.500% due 07/31/2053  | 2400 | 1496 |
| 1.750% due 01/22/2049  | 1900 | 1396 |
| 4.250% due 12/07/2040  | 2500 | 3181 |
| 4.375% due 07/31/2054  | 4800 | 5711 |
| 5.375% due 01/31/2056  | 1100 | 1534 |
|  |  | 18508 |
| Total United Kingdom (Cost $52,691) |  | 44622 |
| **UNITED STATES 64.6%**  |  |  |
| **ASSET-BACKED SECURITIES 1.1%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>4.734% due 07/25/2036 •  | $2156 | 721 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.304% due 07/25/2034 •  | 37 | 36 |
| **Amortizing Residential Collateral Trust** <br>5.134% due 10/25/2031 •  | 1 | 1 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>3.723% due 02/25/2034 •  | 106 | 111 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.234% due 09/25/2046 •  | 296 | 284 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.494% due 07/25/2045 •  | 508 | 353 |
| 4.504% due 05/25/2037 •  | 61 | 40 |
| **Countrywide Asset-Backed Certificates** <br>5.114% due 12/25/2036 •  | 35 | 29 |
| **Credit Suisse First Boston Mortgage Securities Corp.**  |  |  |
| 5.784% due 05/25/2044 •  | 280 | 294 |
| **Credit-Based Asset Servicing & Securitization LLC** <br>4.554% due 07/25/2037 •  | 91 | 60 |
| **FORT CRE Issuer LLC** <br>6.152% due 02/23/2039 •  | 41 | 40 |
| **GSAMP Trust**  |  |  |
| 4.694% due 12/25/2046 •  | 983 | 522 |
| 4.914% due 09/25/2036 •  | 1589 | 549 |
| **Home Equity Asset Trust** <br>5.034% due 11/25/2032 •  | 1 | 1 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.594% due 09/25/2037 •  | 102 | 20 |
| 4.674% due 02/25/2037 •  | 33 | 9 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley ABS Capital, Inc. Trust** <br>4.534% due 07/25/2036 •  | 47 | 17 |
| **Morgan Stanley Home Equity Loan Trust** <br>4.784% due 04/25/2037 •  | 933 | 484 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 5.154% due 04/25/2037 •  | 308 | 80 |
| 6.419% due 09/25/2046 þ | 1279 | 277 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.654% due 04/25/2037 •  | 1001 | 709 |
| 5.304% due 05/25/2035 •  | 1743 | 1485 |
| **People's Choice Home Loan Securities Trust** <br>5.784% due 01/25/2035 •  | 147 | 144 |
| **Popular ABS Mortgage Pass-Through Trust** <br>4.744% due 06/25/2047 •  | 1278 | 1192 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.534% due 12/25/2036 •  | 23 | 11 |
| 4.554% due 12/25/2036 •  | 26 | 6 |
| 4.694% due 05/25/2037 •  | 234 | 179 |
| **SMB Private Education Loan Trust**  |  |  |
| 1.290% due 07/15/2053  | 662 | 624 |
| 5.526% due 07/15/2053 •  | 204 | 204 |
| 5.754% due 02/16/2055 •  | 1545 | 1558 |
| **Soundview Home Loan Trust** <br>4.554% due 11/25/2036 •  | 26 | 7 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.939% due 04/25/2035 •  | 7 | 7 |
| **Terwin Mortgage Trust** <br>5.374% due 11/25/2033 •  | 37 | 34 |
| **Washington Mutual Asset-Backed Certificates Trust** <br>4.129% due 10/25/2036 •  | 35 | 12 |
|  |  | 10100 |
| **CORPORATE BONDS & NOTES 6.9%**  |  |  |
| **American Express Co.** <br>3.433% due 05/20/2032 •  | 1700 | 2021 |
| **Bank of America Corp.** <br>5.511% due 01/24/2036 •  | $3400 | 3497 |
| **Boeing Co.** <br>6.259% due 05/01/2027 | 700 | 720 |
| **Bristol-Myers Squibb Co.** <br>5.200% due 02/22/2034 | 900 | 922 |
| **Brown & Brown, Inc.** <br>6.250% due 06/23/2055 | 700 | 722 |
| **Charter Communications Operating LLC**  |  |  |
| 3.500% due 03/01/2042  | 3200 | 2283 |
| 3.700% due 04/01/2051  | 1200 | 800 |
| 3.850% due 04/01/2061  | 400 | 257 |
| **Citigroup, Inc.** <br>5.449% due 06/11/2035 •  | 2700 | 2759 |
| **Credit Suisse AG AT1 Claim**  | 700 | 84 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 400 | 356 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 2.900% due 02/16/2028  | 300 | 281 |
| 3.375% due 11/13/2025  | 400 | 397 |
| 4.125% due 08/17/2027  | 1300 | 1271 |
| 4.542% due 08/01/2026  | 600 | 596 |
| **GA Global Funding Trust** <br>2.250% due 01/06/2027 | 900 | 869 |
| **Glencore Funding LLC**  |  |  |
| 5.186% due 04/01/2030  | 800 | 816 |
| 5.371% due 04/04/2029  | 1900 | 1949 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 5.016% due 10/23/2035 •  | 1600 | 1581 |
| 5.207% due 01/28/2031 •  | 1600 | 1638 |
| 5.218% due 04/23/2031 •  | 700 | 718 |
| 5.851% due 04/25/2035 •  | 1400 | 1469 |
| 6.484% due 10/24/2029 •  | 2100 | 2228 |
| **JPMorgan Chase & Co.**  |  |  |
| 5.336% due 01/23/2035 •  | 2800 | 2867 |
| 6.087% due 10/23/2029 •  | 2600 | 2733 |
| **Ladder Capital Finance Holdings LLLP** <br>5.500% due 08/01/2030 (b) | 1700 | 1712 |
| **Morgan Stanley**  |  |  |
| 3.955% due 03/21/2035 •  | 3100 | 3737 |
| 4.654% due 10/18/2030 •  | $700 | 702 |
| 5.466% due 01/18/2035 •  | 1200 | 1228 |
| 6.407% due 11/01/2029 •  | 2100 | 2225 |
| **Nissan Motor Acceptance Co. LLC** <br>1.850% due 09/16/2026 | 2700 | 2577 |
| **Organon & Co.** <br>2.875% due 04/30/2028 | 500 | 575 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.100% due 08/01/2027  | $100 | 95 |
| 4.000% due 12/01/2046  | 200 | 143 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.200% due 03/01/2029  | 1200 | 1172 |
| 4.250% due 03/15/2046  | 100 | 75 |
| 4.550% due 07/01/2030  | 400 | 391 |
| **PacifiCorp** <br>5.300% due 02/15/2031 | 1000 | 1031 |
| **Philip Morris International, Inc.**  |  |  |
| 3.250% due 06/06/2032  | 1400 | 1624 |
| 3.750% due 01/15/2031  | 600 | 730 |
| 5.125% due 02/13/2031  | $800 | 824 |
| **PNC Financial Services Group, Inc.** <br>5.575% due 01/29/2036 •  | 2000 | 2062 |
| **Realty Income Corp.** <br>3.375% due 06/20/2031 | 1700 | 1998 |
| **Wells Fargo & Co.**  |  |  |
| 5.198% due 01/23/2030 •  | $1900 | 1947 |
| 5.211% due 12/03/2035 •  | 1400 | 1406 |
| 6.303% due 10/23/2029 •  | 1400 | 1480 |
|  |  | 61568 |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.2%**  |  |  |
| **Avolon TLB Borrower 1 U.S. LLC**<br>6.071% (TSFR1M + 1.750%) due 06/24/2030 ~ | 1540 | 1543 |
| **MUNICIPAL BONDS & NOTES 0.2%**  |  |  |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021** <br>2.158% due 06/01/2026 | 1300 | 1272 |
| **Texas Natural Gas Securitization Finance Corp. Series 2023** <br>5.102% due 04/01/2035 | 441 | 451 |
|  |  | 1723 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 9.3%**  |  |  |
| **Adjustable Rate Mortgage Trust**  |  |  |
| 5.460% due 09/25/2035 ~  | 28 | 25 |
| **American Home Mortgage Assets Trust** <br>4.814% due 09/25/2046 •  | 411 | 386 |
| **Banc of America Funding Trust**  |  |  |
| 4.621% due 10/20/2046 ~  | 392 | 332 |
| 5.078% due 01/20/2047 ~  | 41 | 36 |
| 5.500% due 09/25/2035  | 253 | 245 |
| 5.750% due 11/25/2035  | 109 | 106 |
| 6.000% due 08/25/2036  | 43 | 40 |
| 6.619% due 11/20/2034 ~  | 154 | 150 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.625% due 09/25/2035 ~  | 41 | 37 |
| 6.314% due 07/25/2035 ~  | 34 | 28 |
| **BCAP LLC Trust**  |  |  |
| 5.179% due 01/26/2047 •  | 119 | 118 |
| 5.250% due 02/26/2036 ~  | 507 | 192 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.000% due 05/25/2034 ~  | 19 | 17 |
| 4.257% due 11/25/2034 ~  | 374 | 333 |
| 4.521% due 02/25/2036 ~  | 68 | 63 |
| 5.785% due 02/25/2034 ~  | 3 | 3 |
| 6.159% due 10/25/2033 ~  | 12 | 12 |
| 6.642% due 05/25/2033 ~  | 16 | 16 |
| 6.896% due 05/25/2034 ~  | 43 | 42 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.192% due 08/25/2036 ~  | 775 | 355 |
| 4.333% due 11/25/2036 ~  | 230 | 105 |
| 4.607% due 11/25/2036 ~  | 832 | 428 |
| 4.810% due 08/25/2036 ~  | 37 | 23 |
| 4.907% due 11/25/2035 ~  | 19 | 15 |
| **Bear Stearns Structured Products, Inc. Trust** <br>5.062% due 01/26/2036 ~ | 32 | 23 |
| **BellaVista Mortgage Trust** <br>4.932% due 05/20/2045 •  | 9 | 5 |
| **BIG Commercial Mortgage Trust** <br>5.654% due 02/15/2039 •  | 3133 | 3127 |
| **Chase Home Lending Mortgage Trust** <br>3.250% due 03/25/2063 ~ | 884 | 796 |
| **Chase Mortgage Finance Trust**  |  |  |
| 4.939% due 07/25/2037 ~  | 50 | 41 |
| 6.550% due 02/25/2037 ~  | 42 | 42 |
| **Citicorp Mortgage Securities Trust** <br>6.000% due 04/25/2037 | 28 | 24 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 2.500% due 05/25/2051 ~  | 5455 | 4454 |
| 3.000% due 11/27/2051 ~  | 3561 | 3036 |
| 5.988% due 08/25/2035 ~  | 26 | 25 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>6.080% due 09/25/2035 •  | 50 | 51 |
| **Citigroup Mortgage Loan Trust, Inc. Mortgage Pass-Through Certificates** <br>4.841% due 09/25/2035 ~ | 386 | 347 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Countrywide** **Alternative Loan Trust**  |  |  |
| 4.712% due 09/20/2046 •  | 1048 | 920 |
| 4.754% due 02/25/2047 •  | 147 | 144 |
| 4.774% due 05/25/2047 •  | 139 | 125 |
| 4.784% due 05/25/2037 •  | 328 | 101 |
| 4.834% due 06/25/2036 •  | 188 | 78 |
| 4.834% due 06/25/2037 •  | 441 | 407 |
| 4.852% due 03/20/2046 •  | 26 | 24 |
| 4.854% due 05/25/2035 •  | 374 | 358 |
| 4.854% due 07/25/2046 •  | 394 | 355 |
| 4.954% due 07/25/2046 •  | 673 | 482 |
| 4.994% due 12/25/2035 •  | 18 | 16 |
| 5.250% due 06/25/2035  | 68 | 51 |
| 5.799% due 08/25/2035 •  | 103 | 98 |
| 5.899% due 11/25/2035 •  | 143 | 128 |
| 6.250% due 08/25/2037  | 298 | 137 |
| 6.439% due 11/25/2035 •  | 102 | 94 |
| 6.500% due 08/25/2032  | 8 | 8 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.860% due 09/25/2047 ~  | 189 | 171 |
| 5.014% due 04/25/2035 •  | 8 | 7 |
| 5.074% due 03/25/2035 •  | 365 | 341 |
| 5.094% due 02/25/2035 •  | 66 | 62 |
| 5.114% due 02/25/2035 •  | 27 | 25 |
| 5.114% due 03/25/2036 •  | 4 | 1 |
| 5.138% due 11/25/2034 ~  | 10 | 10 |
| 6.662% due 02/20/2036 •  | 68 | 59 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>6.000% due 12/25/2035 | 112 | 84 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 2.500% due 07/25/2056 ~  | 562 | 461 |
| 6.500% due 07/26/2036  | 585 | 124 |
| **Deutsche Alt-A Securities, Inc. Mortgage Loan Trust** <br>5.500% due 12/25/2035 | 184 | 155 |
| **Deutsche Alt-B Securities Mortgage Loan Trust**  |  |  |
| 4.534% due 10/25/2036 •  | 22 | 18 |
| 6.800% due 07/25/2036  | 150 | 131 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | 3174 | 3176 |
| **First Horizon Alternative Mortgage Securities Trust** <br>4.706% due 08/25/2035 ~ | 192 | 160 |
| **GreenPoint Mortgage Funding Trust**  |  |  |
| 4.794% due 01/25/2037 •  | 369 | 338 |
| 4.834% due 12/25/2046 •  | 482 | 470 |
| 4.854% due 04/25/2036 •  | 158 | 141 |
| 4.974% due 11/25/2045 •  | 20 | 18 |
| **GreenPoint Mortgage Pass-Through Certificates** <br>7.182% due 10/25/2033 ~ | 8 | 8 |
| **GreenPoint MTA Trust** <br>4.874% due 06/25/2045 •  | 53 | 49 |
| **GS Mortgage-Backed Securities Trust**  |  |  |
| 2.500% due 12/25/2051 ~  | 685 | 559 |
| 2.500% due 04/25/2052 ~  | 825 | 673 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.299% due 05/25/2035 ~  | 57 | 42 |
| 4.954% due 08/25/2046 •  | 461 | 102 |
| 5.293% due 09/25/2035 ~  | 31 | 30 |
| 5.880% due 03/25/2033 •  | 8 | 8 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.812% due 09/19/2037 •  | 338 | 291 |
| 4.824% due 07/19/2035 ~  | 31 | 24 |
| 4.912% due 03/19/2036 •  | 49 | 45 |
| 4.992% due 02/19/2036 •  | 202 | 89 |
| 5.052% due 11/19/2035 •  | 144 | 94 |
| 5.132% due 01/19/2035 •  | 13 | 12 |
| **Impac CMB Trust**  |  |  |
| 5.094% due 03/25/2035 •  | 7 | 7 |
| 5.214% due 10/25/2034 •  | 21 | 21 |
| **IndyMac INDA Mortgage Loan Trust** <br>3.201% due 11/25/2035 ~ | 141 | 107 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.736% due 08/25/2035 ~  | 91 | 67 |
| 4.588% due 12/25/2034 ~  | 33 | 31 |
| 4.854% due 05/25/2046 •  | 487 | 442 |
| 4.914% due 06/25/2037 •  | 181 | 168 |
| 4.934% due 02/25/2037 •  | 635 | 423 |
| 5.014% due 11/25/2036 •  | 148 | 140 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.914% due 10/25/2036 •  | 996 | 902 |
| 5.500% due 11/25/2036 ~  | 8 | 3 |
| 5.593% due 12/25/2035 ~  | 913 | 634 |
| **JP Morgan Mortgage Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 5761 | 4911 |
| 3.000% due 03/25/2052 ~  | 5212 | 4456 |
| 3.000% due 04/25/2052 ~  | 4858 | 4148 |
| 3.000% due 05/25/2052 ~  | 7395 | 6322 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.154% due 07/27/2037 ~  | 269 | 251 |
| 4.734% due 10/25/2035 •  | 980 | 692 |
| 5.290% due 08/25/2035 ~  | 33 | 33 |
| 5.308% due 02/25/2036 ~  | 159 | 112 |
| 5.479% due 07/25/2035 ~  | 37 | 35 |
| 5.952% due 11/25/2033 ~  | 9 | 9 |
| 5.981% due 10/25/2035 ~  | 38 | 37 |
| **Lehman XS Trust** <br>5.074% due 11/25/2046 •  | 765 | 581 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 4.644% due 04/25/2046 •  | 79 | 73 |
| 5.114% due 05/25/2047 •  | 1457 | 1190 |
| **MASTR Alternative Loan Trust** <br>4.834% due 03/25/2036 •  | 414 | 39 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 4.744% due 06/25/2035 ~  | 50 | 48 |
| 5.258% due 06/25/2037 ~  | 58 | 56 |
| 6.247% due 02/25/2033 ~  | 18 | 16 |
| **Merrill Lynch Mortgage-Backed Securities Trust** <br>4.365% due 04/25/2037 ~ | 11 | 10 |
| **MF1 Ltd.** <br>5.382% due 12/15/2034 •  | 3100 | 3093 |
| **MFA Trust**  |  |  |
| 1.381% due 04/25/2065 ~  | 436 | 423 |
| 1.947% due 04/25/2065 ~  | 167 | 162 |
| 6.105% due 12/25/2068 þ  | 593 | 597 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 1274 | 1224 |
| 2.750% due 11/25/2059 ~  | 1133 | 1086 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust**  |  |  |
| 0.000% due 02/25/2036 ~  | 5 | 0 |
| 4.413% due 10/25/2035 ~  | 90 | 80 |
| 6.320% due 03/25/2047  | 163 | 153 |
| 6.638% due 03/25/2047  | 139 | 131 |
| **OBX Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 3383 | 2879 |
| 7.159% due 10/25/2063 þ | 1424 | 1448 |
| **One New York Plaza Trust** <br>5.376% due 01/15/2036 •  | 3700 | 3599 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.108% due 08/25/2035 ~  | 91 | 32 |
| 4.584% due 02/25/2047 •  | 763 | 233 |
| 4.854% due 04/25/2046 •  | 58 | 15 |
| 5.397% due 10/25/2037 ~  | 340 | 274 |
| 6.000% due 06/25/2036  | 302 | 248 |
| 6.000% due 06/25/2037  | 181 | 146 |
| **Residential Asset Securitization Trust** <br>6.500% due 08/25/2036 | 658 | 185 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>5.871% due 09/25/2035 ~ | 129 | 82 |
| **Sequoia Mortgage Trust**  |  |  |
| 5.132% due 07/20/2033 •  | 35 | 35 |
| 7.373% due 04/20/2035 ~  | 11 | 11 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.520% due 04/25/2035 ~  | 339 | 310 |
| 4.874% due 05/25/2037 •  | 22 | 20 |
| 5.799% due 01/25/2035 •  | 12 | 10 |
| 6.174% due 04/25/2034 ~  | 4 | 4 |
| 6.210% due 10/25/2037 •  | 130 | 117 |
| 6.525% due 02/25/2034 ~  | 19 | 19 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.814% due 07/25/2046 •  | 380 | 264 |
| 4.854% due 04/25/2036 •  | 50 | 45 |
| 4.874% due 09/25/2047 •  | 43 | 38 |
| 4.894% due 05/25/2045 •  | 105 | 100 |
| 4.932% due 07/19/2035 •  | 17 | 17 |
| 5.012% due 07/19/2034 •  | 1 | 1 |
| 5.054% due 12/25/2035 •  | 8 | 6 |
| 5.899% due 08/25/2047 •  | 635 | 536 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>4.724% due 10/25/2036 •  | 738 | 618 |
| **TBW Mortgage-Backed Trust** <br>6.470% due 09/25/2036 | 189 | 4 |
| **Thornburg Mortgage Securities Trust** <br>5.999% due 06/25/2047 •  | 357 | 329 |
| **Towd Point Mortgage Trust**  |  |  |
| 1.636% due 04/25/2060 ~  | 1266 | 1152 |
| 2.710% due 01/25/2060 ~  | 889 | 854 |
| 2.900% due 10/25/2059 ~  | 4018 | 3861 |
| 5.434% due 05/25/2058 •  | 444 | 455 |
| **UWM Mortgage Trust** <br>3.000% due 01/25/2052 ~ | 561 | 477 |
| **Verus Securitization Trust**  |  |  |
| 6.259% due 12/25/2068 þ  | 553 | 558 |
| 6.876% due 11/25/2068 ~  | 1014 | 1029 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **WaMu** **Mortgage Pass-Through Certificates Trust**  |  |  |
| 3.716% due 04/25/2037 ~  | 413 | 374 |
| 3.976% due 03/25/2036 ~  | 440 | 389 |
| 4.033% due 12/25/2046 •  | 239 | 215 |
| 4.068% due 12/25/2046 •  | 114 | 100 |
| 4.093% due 02/25/2037 ~  | 113 | 97 |
| 4.290% due 05/25/2046 •  | 341 | 319 |
| 4.351% due 12/25/2036 ~  | 14 | 13 |
| 4.449% due 02/25/2037 ~  | 160 | 143 |
| 4.994% due 11/25/2045 •  | 99 | 93 |
| 5.014% due 07/25/2045 •  | 179 | 177 |
| 5.014% due 10/25/2045 •  | 27 | 27 |
| 5.054% due 01/25/2045 •  | 22 | 22 |
| 5.064% due 03/25/2035 ~  | 82 | 83 |
| 5.074% due 01/25/2045 •  | 24 | 24 |
| 5.135% due 12/25/2035 ~  | 115 | 107 |
| 5.174% due 11/25/2034 •  | 194 | 186 |
| 5.414% due 11/25/2034 •  | 131 | 125 |
| 5.782% due 06/25/2033 ~  | 11 | 11 |
| 5.799% due 06/25/2042 •  | 11 | 10 |
| 5.799% due 08/25/2042 •  | 13 | 13 |
| 5.899% due 11/25/2046 •  | 75 | 67 |
| 5.902% due 08/25/2034 ~  | 82 | 80 |
| 6.205% due 03/25/2034 ~  | 66 | 66 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 5.339% due 07/25/2046 •  | 251 | 154 |
| 5.369% due 05/25/2046 •  | 636 | 557 |
| 6.000% due 10/25/2035  | 244 | 192 |
| **Wells Fargo Alternative Loan Trust** <br>5.750% due 07/25/2037 | 44 | 38 |
|  |  | 83188 |
| **U.S. GOVERNMENT AGENCIES 40.5%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.000% due 03/01/2060 | 921 | 795 |
| 3.500% due 01/01/2059 | 1954 | 1749 |
| 4.217% due 03/01/2033 •  | 11 | 11 |
| 4.807% due 07/25/2037 •  | 68 | 67 |
| 4.820% due 06/25/2029 - 06/25/2036 •  | 21 | 21 |
| 4.887% due 12/01/2036 •  | 2 | 2 |
| 5.205% due 03/25/2055 •  | 3072 | 3071 |
| 5.465% due 03/25/2055 •  | 1907 | 1907 |
| 5.696% due 06/01/2043 •  | 13 | 13 |
| 5.697% due 10/01/2044 •  | 15 | 15 |
| 6.000% due 04/25/2043 - 07/25/2044 | 192 | 198 |
| 6.009% due 12/01/2034 •  | 3 | 4 |
| 6.123% due 06/01/2035 •  | 1 | 2 |
| 6.500% due 06/25/2044 | 2 | 2 |
| 7.037% due 11/01/2034 •  | 95 | 99 |
| 7.310% due 09/01/2035 •  | 3 | 3 |
| **Freddie Mac**  |  |  |
| 2.053% due 01/15/2038 ~(a) | 282 | 15 |
| 4.694% due 08/25/2031 •  | 4 | 4 |
| 4.814% due 01/15/2038 •  | 282 | 279 |
| 4.868% due 12/15/2031 •  | 6 | 6 |
| 5.018% due 12/15/2037 •  | 72 | 72 |
| 5.245% due 11/25/2054 •  | 2171 | 2166 |
| 5.599% due 10/25/2044 •  | 155 | 142 |
| 5.705% due 03/25/2055 •  | 3777 | 3795 |
| 6.676% due 11/01/2035 •  | 14 | 15 |
| 6.984% due 08/01/2035 •  | 2 | 2 |
| 7.355% due 09/01/2035 •  | 2 | 2 |
| **Ginnie Mae**  |  |  |
| 3.000% due 07/20/2046 - 12/20/2052 | 3931 | 3481 |
| 3.500% due 10/20/2054 - 05/20/2055 | 18989 | 17301 |
| 4.750% due 10/20/2029 •  | 2 | 2 |
| 5.302% due 12/20/2073 •  | 1152 | 1156 |
| 6.000% due 08/20/2034 | 876 | 886 |
| **Ginnie Mae, TBA**  |  |  |
| 2.500% due 08/01/2055 | 3500 | 2974 |
| 3.000% due 08/01/2055 | 18385 | 16260 |
| 3.500% due 07/01/2055 | 8000 | 7274 |
| 6.500% due 07/01/2055 - 08/01/2055 | 18600 | 19061 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 02/01/2051 - 01/01/2052 | 4286 | 3565 |
| 3.000% due 10/01/2049 - 06/01/2051 | 2199 | 1909 |
| 3.500% due 10/01/2034 - 07/01/2050 | 1614 | 1497 |
| 4.000% due 01/01/2048 - 06/01/2050 | 764 | 718 |
| 5.500% due 06/01/2053 - 09/01/2053 | 10399 | 10417 |
| 6.000% due 06/01/2053 - 09/01/2054 | 8626 | 8828 |
| 6.500% due 11/01/2053 - 04/01/2055 | 71032 | 73431 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 5.000% due 08/01/2055 | 79700 | 78067 |
| 6.000% due 08/01/2055 | 42194 | 42840 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.500% due 07/01/2055 - 08/01/2055 | 54600 | 56326 |
|  |  | 360450 |
| **U.S. TREASURY OBLIGATIONS 6.4%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.875% due 02/15/2041 (j) | 100 | 69 |
| 2.250% due 08/15/2049 | 2100 | 1318 |
| 2.375% due 11/15/2049 (j) | 175 | 113 |
| 3.000% due 02/15/2048 (j) | 1600 | 1189 |
| 3.000% due 08/15/2048 (j) | 175 | 129 |
| 3.000% due 02/15/2049 (j) | 250 | 184 |
| 3.375% due 11/15/2048 (j) | 3900 | 3086 |
| 4.125% due 08/15/2044 | 3375 | 3093 |
| 4.500% due 11/15/2054 | 14800 | 14109 |
| 4.625% due 02/15/2055 | 8700 | 8472 |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 07/15/2031 (h) | 3231 | 2975 |
| 0.125% due 01/15/2032 (h) | 810 | 734 |
| 0.500% due 01/15/2028 (h) | 9623 | 9445 |
| 0.625% due 07/15/2032  | 552 | 515 |
| 1.125% due 01/15/2033 (h) | 4307 | 4118 |
| 2.500% due 01/15/2029 (h) | 2988 | 3110 |
| 3.875% due 04/15/2029 (h) | 2341 | 2557 |
| **U.S. Treasury Notes**  |  |  |
| 3.500% due 02/15/2033 (h)(j) | 1400 | 1350 |
| 4.375% due 05/15/2034 (j) | 600 | 610 |
|  |  | 57176 |
| Total United States (Cost $585,824) |  | 575748 |
| **SHORT-TERM INSTRUMENTS 1.4%**  |  |  |
| **COMMERCIAL PAPER 0.8%**  |  |  |
| **Air Lease Corp.** <br>4.820% due 07/02/2025 (b) | $400 | 400 |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.640% due 07/29/2025  | 250 | 249 |
| 4.640% due 07/30/2025  | 1100 | 1096 |
| **Amrize Finance U.S. LLC**  |  |  |
| 4.670% due 07/15/2025  | 250 | 249 |
| 4.670% due 07/16/2025  | 300 | 299 |
| **Canadian Natural Resources Ltd.**  |  |  |
| 4.870% due 07/25/2025 (b)  | 950 | 947 |
| 4.900% due 08/06/2025 (b)  | 600 | 597 |
| **CBRE Services, Inc.**  |  |  |
| 4.690% due 07/10/2025  | 250 | 250 |
| 4.710% due 07/10/2025  | 250 | 250 |
| **CVS Health Corp.**  |  |  |
| 4.920% due 07/14/2025  | 600 | 599 |
| 4.920% due 07/15/2025  | 250 | 249 |
| **Enbridge U.S., Inc.** <br>4.600% due 07/21/2025 | 250 | 249 |
| **HCA, Inc.**  |  |  |
| 4.950% due 08/14/2025  | 250 | 248 |
| 4.950% due 08/15/2025  | 250 | 248 |
| **JABIL, Inc.** <br>4.860% due 07/02/2025 | 500 | 500 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.650% due 07/14/2025  | 250 | 250 |
| 4.720% due 07/14/2025  | 250 | 250 |
| **Mondelez International, Inc.** <br>4.570% due 08/11/2025 | 250 | 249 |
|  |  | 7179 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.2%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (f) | 1742558 | 1743 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **NIGERIA TREASURY BILLS 0.3%**  |  |  |
| 31.495% due 11/04/2025 - 06/29/2026 (c)(d) | 4264050 | 2255 |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.337% due 07/31/2025 - 08/19/2025 (c)(d)(j) | $831 | 827 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| Total Short-Term Instruments (Cost $11,887) |  | 12004 |
| Total Investments in Securities (Cost $1,078,257) |  | 1052826 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 5.4%**  |  |  |
| **SHORT-TERM INSTRUMENTS 5.4%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 5.4%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 4963796 | 48332 |
| Total Short-Term Instruments (Cost $48,323) |  | 48332 |
| Total Investments in Affiliates (Cost $48,323) |  | 48332 |
| Total Investments 123.7% (Cost $1,126,580) |  | $1101158 |
| **Financial Derivative Instruments (g)(i) 0.8**%(Cost or Premiums, net $(357)) |  | 6706 |
| Other Assets and Liabilities, net (24.5)% |  | (217492) |
| Net Assets 100.0% |  | $890372 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **Þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Coupon | Maturity<br>Date | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% | United States (13.0)% |
| &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% | &nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Agencies (13.0)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000% | 07/01/2040 | 07/01/2040 | 6000 | 6000 | $(5473) | (5473) | $(5484) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 08/01/2040 | 08/01/2040 | 15000 | 15000 | (13657) | (13657) | (13715) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.000 | 07/01/2055 | 07/01/2055 | 60250 | 60250 | (47162) | (47162) | (47709) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500 | 08/01/2055 | 08/01/2055 | 8400 | 8400 | (6915) | (6915) | (6967) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 07/01/2055 | 07/01/2055 | 2200 | 2200 | (1869) | (1869) | (1904) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 08/01/2055 | 08/01/2055 | 6100 | 6100 | (5457) | (5457) | (5491) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 08/01/2055 | 08/01/2055 | 20 | 20 | (18) | (18) | (19) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.500 | 08/01/2055 | 08/01/2055 | 1040 | 1040 | (993) | (993) | (994) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.500 | 08/01/2055 | 08/01/2055 | 10580 | 10580 | (10509) | (10509) | (10571) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 6.500 | 07/01/2055 | 07/01/2055 | 22000 | 22000 | (22624) | (22624) | (22718) |
| **Total Short Sales (13.0)%** | **Total Short Sales (13.0)%** | **Total Short Sales (13.0)%** | **Total Short Sales (13.0)%** | **Total Short Sales (13.0)%** |  |  |  |  |  | $**(114677)** | **(114677)** | $**(115572)** |
| **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(7507) at a weighted average interest rate of 4.440%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 13 | 13 | (5) | (5) | $ | 0 |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 13 | 13 | (5) | (5) |  | (7) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(10)** | **(10)** | **$** | **(7)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 26 | $1844 | 1844 | 1844 | 1844 | $3 | 3 | $ | 0 | 0 | (1) |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 217 | 19441 | 19441 | 19441 | 19441 | 173 | 173 |  | 43 | 43 | 0 |
| Euro-BTP September Futures  | Euro-BTP September Futures  | 601 | 85662 | 85662 | 85662 | 85662 | 265 | 265 |  | 134 | 134 | (163) |
| Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | 16 | 2238 | 2238 | 2238 | 2238 | (42) | (42) |  | 0 | 0 | (7) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | 455 | 57483 | 57483 | 57483 | 57483 | (101) | (101) |  | 16 | 16 | (51) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 481 | 52429 | 52429 | 52429 | 52429 | 579 | 579 |  | 64 | 64 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 130 | 130 | 14576 | 248 | 248 | 248 | 41 | 41 | 41 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 315 | 315 | 35994 | 752 | 752 | 752 | 153 | 153 | 153 | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 09/2025 | 100 | 100 | 12770 | 261 | 261 | 261 | 14 | 14 | 14 | (44) |
|  |  |  |  |  |  |  |  |  |  |  |  | 2138 | 2138 | $ | 465 | 465 | $ | (266) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 521 | 521 | (39303) | $(166) | (166) | (166) | 182 | 182 | 182 | 0 |
| Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | Canada Government 5-Year Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 49 | 49 | (4106) | (26) | (26) | (26) | 0 | 0 | 0 | (4) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 09/2025 | 292 | 292 | (40477) | 152 | 152 | 152 | 86 | 86 | 86 | (28) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 09/2025 | 290 | 290 | (44460) | 324 | 324 | 324 | 126 | 126 | 126 | (10) |
| Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 09/2025 | 09/2025 | 160 | 160 | (23340) | 81 | 81 | 81 | 51 | 51 | 51 | (11) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 57 | 57 | (55027) | 111 | 111 | 111 | 75 | 75 | 75 | 0 |
| Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | Short Euro-BTP Italy Government Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 202 | 202 | (25685) | 40 | 40 | 40 | 33 | 33 | 33 | (22) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 24 | 24 | (2859) | (122) | (122) | (122) | 0 | 0 | 0 | (32) |
|  |  |  |  |  |  |  |  |  |  |  |  | 394 | 394 | $ | 553 | 553 | $ | (107) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **2532** | **2532** | **$** | **1018** | **1018** | **$** | **(373)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  |  | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| Barclays Bank PLC  | 1.000% | Quarterly | 12/20/2025 | 12/20/2025 | 0.238 | 0.238 | % | EUR | EUR | 3100 | 18 | (4) | 14 | 14 | 14 | 0 | 0 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| CDX.IG-43 10-Year Index  | CDX.IG-43 10-Year Index  | (1.000)% | Quarterly | Quarterly | 12/20/2034 | 12/20/2034 | $ | $ | $14400 | 14400 | (76) | (72) | (148) | (148) | (148) | 0 | 0 | (14) |
| CDX.IG-44 10-Year Index  | CDX.IG-44 10-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 |  |  | 51000 | 51000 | (92) | (297) | (389) | (389) | (389) | 0 | 0 | (43) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | EUR | EUR | 16420 | 16420 | (359) | (59) | (418) | (418) | (418) | 0 | 0 | (16) |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | (1.000) | Quarterly | Quarterly | 06/20/2035 | 06/20/2035 |  |  | 11300 | 11300 | (26) | (38) | (64) | (64) | (64) | 0 | 0 | (16) |
|  |  |  |  |  |  |  |  |  |  |  | (553) | (466) | (1019) | (1019) | (1019) | 0 | 0 | (89) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000% | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | $ | $ | $8800 | 8800 | 197 | 4 | 201 | 201 | 201 | 5 | 5 | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  |  | 45700 | 45700 | 919 | 107 | 1026 | 1026 | 1026 | 25 | 25 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 1116 | 111 | 1227 | 1227 | 1227 | 30 | 30 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> | <u>Variation Margin</u><sup>(6)</sup> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.750% | 3.750% | Annual | 03/19/2027 | 03/19/2027 | 03/19/2027 | GBP | GBP | 4100 | $8 | (10) | $(2) | (2) | (2) | $0 | 0 | $0 |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.000 | 3.000 | Annual | 06/17/2027 | 06/17/2027 | 06/17/2027 |  |  | 23700 | (121) | (276) | (397) | (397) | (397) | 0 | 0 | (5) |
| Pay<sup>(7)</sup> | 1-Day GBP-SONIO Compounded-OIS | 4.000 | 4.000 | Annual | 03/17/2028 | 03/17/2028 | 03/17/2028 |  |  | 41000 | 184 | 358 | 542 | 542 | 542 | 0 | 0 | (2) |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | Annual | 03/19/2030 | 03/19/2030 | 03/19/2030 |  |  | 21600 | (426) | 157 | (269) | (269) | (269) | 0 | 0 | (12) |
| Pay<sup>(7)</sup> | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | Annual | 03/18/2031 | 03/18/2031 | 03/18/2031 |  |  | 31400 | 130 | 17 | 147 | 147 | 147 | 22 | 22 | (5) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.500 | 3.500 | Annual | 03/19/2035 | 03/19/2035 | 03/19/2035 |  |  | 2300 | 120 | 9 | 129 | 129 | 129 | 1 | 1 | 0 |
| Pay<sup>(7)</sup> | 1-Day GBP-SONIO Compounded-OIS | 4.000 | 4.000 | Annual | 03/18/2036 | 03/18/2036 | 03/18/2036 |  |  | 3500 | (24) | 3 | (21) | (21) | (21) | 4 | 4 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day GBP-SONIO Compounded-OIS | 3.750 | Annual | 03/19/2055 | 300 | 36 | 13 | 49 | 1 | 0 |
| Receive<sup>(7)</sup> | 1-Day INR-MIBOR Compounded-OIS | 6.000 | Semi-Annual | 09/17/2030 | 113280 | (3) | (12) | (15) | 1 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.750 | Annual | 03/19/2027 | 4080000 | 6 | 39 | 45 | 0 | (4) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.750 | Annual | 03/19/2030 | 420000 | (21) | 3 | (18) | 0 | (3) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 06/18/2030 | 230000 | 5 | 2 | 7 | 0 | (2) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.000 | Semi-Annual | 03/17/2031 | 1260000 | (374) | (130) | (504) | 0 | (12) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 0.050 | Annual | 12/15/2031 | 409300 | (122) | (51) | (173) | 0 | (4) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 03/19/2032 | 2160000 | (53) | 69 | 16 | 0 | (24) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 09/18/2034 | 3557300 | (64) | (178) | (242) | 0 | (53) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 03/19/2035 | 1620000 | (173) | (22) | (195) | 0 | (28) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.250 | Annual | 06/18/2035 | 480000 | 28 | (18) | 10 | 0 | (9) |
| Pay<sup>(7)</sup> | 1-Day JPY-MUTKCALM Compounded-OIS | 1.250 | Annual | 09/17/2035 | 270000 | (2) | 1 | (1) | 0 | 0 |
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.400 | Semi-Annual | 06/19/2039 | 1050000 | 716 | 383 | 1099 | 25 | 0 |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 1.000 | Annual | 06/19/2044 | 1170000 | (552) | (594) | (1146) | 0 | (44) |
| Pay | 1-Day JPY-MUTKCALM Compounded-OIS | 2.000 | Annual | 06/18/2055 | 332600 | 32 | (141) | (109) | 0 | (19) |
| Pay<sup>(7)</sup> | 1-Day JPY-MUTKCALM Compounded-OIS | 2.250 | Annual | 09/17/2055 | 50000 | 5 | (3) | 2 | 0 | (3) |
| Receive | 1-Day SGD-SIBCSORA Compounded-OIS | 2.750 | Semi-Annual | 09/18/2029 | 20280 | (6) | (747) | (753) | 0 | (22) |
| Receive<sup>(7)</sup> | 1-Day SGD-SIBCSORA Compounded-OIS | 2.500 | Semi-Annual | 09/17/2030 | 2300 | (31) | (37) | (68) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2030 | $14100 | 171 | (56) | 115 | 0 | (23) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.750 | Annual | 07/17/2025 | 19200 | 38 | (45) | (7) | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | 121439 | (492) | 585 | 93 | 5 | 0 |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 08/15/2026 | 8000 | 0 | (15) | (15) | 0 | (1) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.940 | Annual | 08/22/2026 | 10200 | 0 | (25) | (25) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.965 | Annual | 11/30/2026 | 40500 | 871 | (129) | 742 | 0 | (8) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2026 | 7000 | (1) | (13) | (14) | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2027 | 36740 | 721 | (235) | 486 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2027 | 15800 | 52 | 28 | 80 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.638 | Annual | 05/31/2028 | 1500 | (7) | (2) | (9) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 05/31/2028 | 2100 | (11) | (3) | (14) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.807 | Annual | 05/31/2028 | 800 | 0 | (9) | (9) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.851 | Annual | 02/28/2029 | 7000 | 0 | (98) | (98) | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.862 | Annual | 02/28/2029 | 5600 | 0 | (81) | (81) | 0 | (6) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.620 | Annual | 11/30/2029 | 77416 | (44) | (767) | (811) | 0 | (114) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.000 | Annual | 03/19/2030 | 53010 | 2451 | (1294) | 1157 | 0 | (80) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.865 | Annual | 05/15/2030 | 1000 | 0 | (19) | (19) | 0 | (2) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.840 | Annual | 06/30/2031 | 4300 | 0 | (71) | (71) | 0 | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.335 | Annual | 05/15/2032 | 4900 | 76 | (14) | 62 | 0 | (12) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 6722 | (7) | (96) | (103) | 0 | (17) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.828 | Annual | 05/15/2032 | 5300 | (105) | 9 | (96) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.836 | Annual | 05/15/2034 | 1700 | 0 | (26) | (26) | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.847 | Annual | 05/15/2034 | 1000 | 0 | (16) | (16) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.860 | Annual | 05/15/2034 | 1800 | 0 | (30) | (30) | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 06/20/2034 | 18060 | 465 | (623) | (158) | 0 | (64) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.885 | Annual | 07/12/2034 | 3800 | (13) | (28) | (41) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.586 | Annual | 08/19/2034 | 1400 | (5) | 24 | 19 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.595 | Annual | 08/19/2034 | 600 | (2) | 10 | 8 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.532 | Annual | 08/20/2034 | 1000 | (4) | 22 | 18 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 08/28/2034 | 2200 | (8) | 43 | 35 | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.600 | Annual | 08/28/2034 | 2050 | (8) | 33 | 25 | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.611 | Annual | 08/28/2034 | 350 | (1) | 5 | 4 | 0 | (1) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 | 41338 | (44) | (784) | (828) | 0 | (161) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 | 27760 | 1866 | (816) | 1050 | 0 | (104) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 | 900 | (3) | (18) | (21) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 | 1800 | (5) | (31) | (36) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 | 900 | (3) | (11) | (14) | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 06/18/2035 | 2000 | 100 | (27) | 73 | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | 06/15/2052 | 3600 | 1128 | 190 | 1318 | 0 | (20) |
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 5700 | (45) | (115) | (160) | 0 | (45) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 12/20/2053 | 5100 | 221 | 403 | 624 | 0 | (37) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 03/20/2054 | 2900 | (284) | 249 | (35) | 0 | (23) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.931 | Annual | 11/15/2054 | 1600 | 0 | (1) | (1) | 0 | (13) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.955 | Annual | 11/15/2054 | 700 | 0 | (3) | (3) | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.959 | Annual | 11/15/2054 | 1500 | 0 | (9) | (9) | 0 | (12) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.964 | Annual | 11/15/2054 | 800 | 0 | (5) | (5) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.998 | Annual | 11/15/2054 | 5000 | 0 | (64) | (64) | 0 | (41) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.115 | Annual | 11/15/2054 | 3090 | 0 | (104) | (104) | 0 | (26) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.130 | Annual | 11/15/2054 | 810 | 0 | (29) | (29) | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.765 | Annual | 02/15/2055 | 2300 | 0 | 65 | 65 | 0 | (18) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.772 | Annual | 02/15/2055 | 300 | 0 | 8 | 8 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.804 | Annual | 02/15/2055 | 1800 | 0 | 38 | 38 | 0 | (15) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.806 | Annual | 02/15/2055 | 1000 | 0 | 21 | 21 | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.861 | Annual | 02/15/2055 | 100 | 0 | 1 | 1 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.866 | Annual | 02/15/2055 | 1200 | 0 | 12 | 12 | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.773 | Annual | 03/04/2055 | 1400 | 0 | 38 | 38 | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2055 | 3210 | 399 | (15) | 384 | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 06/25/2055 | 1380 | 5 | (10) | (5) | 0 | (11) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.065 | Annual | 06/26/2055 | 922 | (16) | (9) | (25) | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.960 | Annual | 06/27/2055 | 1666 | (1) | (14) | (15) | 0 | (14) |

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<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.005 | Annual | 09/29/2055 |  | 624 | (7) | (4) | (11) | 0 | (5) |
| Pay<sup>(7)</sup> | 3-Month AUD-BBR-BBSW | 3.500 | Semi-Annual | 03/18/2031 | AUD | 72600 | (407) | 8 | (399) | 13 | (3) |
| Pay | 3-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/19/2035 |  | 7900 | 16 | 65 | 81 | 0 | (13) |
| Pay | 3-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 06/18/2035 |  | 1800 | 10 | 33 | 43 | 0 | (3) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.294 | Annual | 02/10/2027 | CHF | 3800 | (111) | 147 | 36 | 0 | (1) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.283 | Annual | 02/14/2027 |  | 5100 | (152) | 199 | 47 | 0 | (1) |
| Pay | 3-Month CHF-SRFXON3 Compounded-OIS | 0.343 | Annual | 05/16/2027 |  | 3400 | (102) | 142 | 40 | 0 | (1) |
| Pay<sup>(7)</sup> | 3-Month CNY-CNREPOFIX | 1.500 | Quarterly | 06/18/2030 | CNY | 808500 | (193) | 350 | 157 | 0 | (53) |
| Pay | 3-Month EUR-EURIBOR | 2.780 | Annual | 05/02/2029 | EUR | 4700 | (7) | 137 | 130 | 0 | (5) |
| Pay | 3-Month EUR-EURIBOR | 2.827 | Annual | 05/06/2029 |  | 700 | (1) | 22 | 21 | 0 | (1) |
| Pay | 3-Month EUR-EURIBOR | 0.451 | Annual | 05/27/2050 |  | 1800 | (128) | (771) | (899) | 0 | (7) |
| Pay | 3-Month KRW-KORIBOR | 2.750 | Quarterly | 03/19/2035 | KRW | 16718440 | 167 | (22) | 145 | 2 | 0 |
| Pay<sup>(7)</sup> | 3-Month KRW-KORIBOR | 2.500 | Quarterly | 09/17/2035 |  | 5486930 | (40) | (7) | (47) | 0 | (6) |
| Pay | 3-Month NZD-BBR | 4.750 | Semi-Annual | 06/19/2029 | NZD | 5000 | 39 | 110 | 149 | 0 | (3) |
| Pay | 3-Month SEK-STIBOR | 2.474 | Annual | 02/03/2030 | SEK | 32500 | (1) | 74 | 73 | 3 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 1.750 | Semi-Annual | 03/16/2027 | AUD | 8900 | (397) | 193 | (204) | 5 | 0 |
| Pay | 6-Month AUD-BBR-BBSW | 4.000 | Semi-Annual | 06/21/2033 |  | 5200 | (89) | 110 | 21 | 0 | (7) |
| Pay | 6-Month AUD-BBR-BBSW | 4.500 | Semi-Annual | 03/19/2035 |  | 13700 | 62 | 270 | 332 | 0 | (22) |
| Pay | 6-Month CZK-PRIBOR | 1.913 | Annual | 01/30/2029 | CZK | 33000 | (113) | 13 | (100) | 0 | (4) |
| Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.000 | Annual | 09/17/2027 | EUR | 17600 | 33 | (29) | 4 | 0 | (6) |
| Pay | 6-Month EUR-EURIBOR | 3.370 | Annual | 10/09/2028 |  | 2550 | 97 | 78 | 175 | 0 | (2) |
| Pay | 6-Month EUR-EURIBOR | 1.795 | Annual | 10/11/2029 |  | 1550 | 0 | (17) | (17) | 0 | (2) |
| Pay | 6-Month EUR-EURIBOR | 1.923 | Annual | 10/11/2029 |  | 6900 | 0 | (31) | (31) | 0 | (10) |
| Pay | 6-Month EUR-EURIBOR | 2.028 | Annual | 10/11/2029 |  | 11400 | (2) | (16) | (18) | 0 | (17) |
| Pay | 6-Month EUR-EURIBOR | 2.343 | Annual | 01/10/2030 |  | 9900 | 11 | 29 | 40 | 0 | (13) |
| Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 126190 | (1263) | 1042 | (221) | 0 | (138) |
| Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 3.000 | Annual | 03/15/2033 |  | 18240 | (324) | 41 | (283) | 19 | 0 |
| Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 84390 | (3197) | (33) | (3230) | 0 | (171) |
| Pay | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/21/2037 |  | 9740 | (532) | 105 | (427) | 0 | (24) |
| Pay | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/21/2042 |  | 980 | (65) | (12) | (77) | 0 | (3) |
| Receive | 6-Month EUR-EURIBOR | 0.064 | Annual | 11/17/2052 |  | 900 | 481 | 76 | 557 | 2 | 0 |
| Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.213 | Annual | 03/12/2055 |  | 9400 | 0 | 474 | 474 | 11 | 0 |
| Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.270 | Annual | 03/12/2055 |  | 4800 | 1 | 215 | 216 | 6 | 0 |
| Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.282 | Annual | 03/12/2055 |  | 1500 | 0 | 66 | 66 | 2 | 0 |
| Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 4300 | 373 | 154 | 527 | 16 | 0 |
| Pay | CAONREPO | 3.500 | Annual | 06/19/2026 | CAD | 10600 | (5) | 80 | 75 | 0 | (1) |
| Pay | CAONREPO | 3.898 | Annual | 06/19/2026 |  | 24700 | (1) | 247 | 246 | 0 | (2) |
| Pay | CAONREPO | 3.925 | Annual | 06/19/2026 |  | 19700 | (2) | 202 | 200 | 0 | (2) |
| Pay | CAONREPO | 1.900 | Semi-Annual | 12/18/2029 |  | 9600 | (608) | 406 | (202) | 7 | 0 |
| Pay | CAONREPO | 1.500 | Semi-Annual | 06/17/2030 |  | 6400 | (551) | 308 | (243) | 6 | 0 |
| Receive | CAONREPO | 3.250 | Semi-Annual | 03/15/2033 |  | 4400 | 68 | (170) | (102) | 0 | (7) |
| Receive | CAONREPO | 3.000 | Semi-Annual | 06/01/2033 |  | 800 | 3 | (10) | (7) | 0 | (1) |
| Receive | CAONREPO | 3.180 | Semi-Annual | 06/01/2033 |  | 5500 | (5) | (97) | (102) | 0 | (10) |
| Receive | CAONREPO | 3.300 | Semi-Annual | 06/01/2033 |  | 12400 | 97 | (405) | (308) | 0 | (22) |
| Receive | CAONREPO | 3.400 | Semi-Annual | 06/01/2033 |  | 3800 | (4) | (110) | (114) | 0 | (7) |
| Receive | CAONREPO | 2.880 | Semi-Annual | 09/01/2033 |  | 2200 | 0 | (4) | (4) | 0 | (4) |
| Receive | CAONREPO | 3.500 | Semi-Annual | 09/01/2033 |  | 3500 | 43 | (171) | (128) | 0 | (7) |
| Receive | CAONREPO | 3.750 | Semi-Annual | 12/20/2033 |  | 2220 | (75) | (34) | (109) | 0 | (4) |
| Receive | CAONREPO | 2.740 | Semi-Annual | 06/01/2034 |  | 700 | 0 | 6 | 6 | 0 | (1) |

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<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | CAONREPO | CAONREPO | 3.000 | Semi-Annual | Semi-Annual | 06/01/2034 | 1800 |  | 0 |  | (11) |  | (11) |  | 0 | 0 |  | (4) |
| Receive | Receive | CAONREPO | CAONREPO | 3.250 | Semi-Annual | Semi-Annual | 12/18/2034 | 100 |  | (2) |  | 0 |  | (2) |  | 0 | 0 |  | 0 |
| Pay | Pay | CAONREPO | CAONREPO | 2.750 | Semi-Annual | Semi-Annual | 12/18/2048 | 2400 |  | (225) |  | 79 |  | (146) |  | 12 | 12 |  | 0 |
| Pay | Pay | CAONREPO | CAONREPO | 2.565 | Semi-Annual | Semi-Annual | 03/07/2049 | 2600 |  | (299) |  | 80 |  | (219) |  | 13 | 13 |  | 0 |
| Pay | Pay | CAONREPO | CAONREPO | 3.250 | Semi-Annual | Semi-Annual | 06/21/2053 | 1000 |  | 16 |  | (10) |  | 6 |  | 6 | 6 |  | 0 |
|  |  |  |  |  |  |  |  | $ | $(638) | (638) | $(1544) | (1544) | $(2182) | (2182) | $184 | 184 | 184 | $(1930) | (1930) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**(57)** | **(57)** | $**(1903)** | **(1903)** | $**(1960)** | **(1960)** | $**214** | **214** | **214** | $**(2019)** | **(2019)** |
| **(h)** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $18,413 and cash of $7,387 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $1 and liability of $(48) for closed swap agreements is outstanding at period end. |
| <sup>(7)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | EUR | 2334 | 2334 | $ | $2733 | 2733 | 2733 | 0 | 0 | 0 | 0 | $(16) | (16) | (16) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | GBP | 751 | 751 |  | 1031 | 1031 | 1031 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NZD | 2396 | 2396 |  | 1442 | 1442 | 1442 | 0 | 0 | 0 | 0 | (19) | (19) | (19) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $5324 | 5324 | AUD | 8196 | 8196 | 8196 | 70 | 70 | 70 | 70 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 9584 | 9584 | CNH | 69047 | 69047 | 69047 | 73 | 73 | 73 | 73 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 12956 | 12956 | EUR | 11403 | 11403 | 11403 | 476 | 476 | 476 | 476 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | AUD | 8197 | 8197 | $ | $5328 | 5328 | 5328 | 0 | 0 | 0 | 0 | (70) | (70) | (70) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $14419 | 14419 | CNH | 103634 | 103634 | 103634 | 114 | 114 | 114 | 114 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 2739 | 2739 | EUR | 2334 | 2334 | 2334 | 16 | 16 | 16 | 16 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 1031 | 1031 | GBP | 751 | 751 | 751 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 1443 | 1443 | NZD | 2396 | 2396 | 2396 | 19 | 19 | 19 | 19 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | AUD | 875 | 875 | $ | $570 | 570 | 570 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 399013 | 399013 |  | 293 | 293 | 293 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $217625 | 217625 | EUR | 191395 | 191395 | 191395 | 7828 | 7828 | 7828 | 7828 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 406 | 406 | IDR | 6628027 | 6628027 | 6628027 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 828 | 828 | JPY | 119100 | 119100 | 119100 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 377 | 377 | SGD | 482 | 482 | 482 | 3 | 3 | 3 | 3 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 1842 | 1842 | $ | $258 | 258 | 258 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | HUF | 124961 | 124961 | EUR | 309 | 309 | 309 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | SGD | 481 | 481 | $ | $377 | 377 | 377 | 0 | 0 | 0 | 0 | (3) | (3) | (3) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 166 | 166 |  | 5 | 5 | 5 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $1430 | 1430 | CNH | 10225 | 10225 | 10225 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 375 | 375 | HUF | 128096 | 128096 | 128096 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 530 | 530 | INR | 45650 | 45650 | 45650 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 1025 | 1025 | MXN | 19433 | 19433 | 19433 | 6 | 6 | 6 | 6 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 7831 | 7831 | $ | $1434 | 1434 | 1434 | 0 | 0 | 0 | 0 | (7) | (7) | (7) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 681 | 681 | RON | 3439 | 3439 | 3439 | 0 | 0 | 0 | 0 | (5) | (5) | (5) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | 1280 | 1280 | $ | $127 | 127 | 127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SEK | 1150 | 1150 |  | 120 | 120 | 120 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | TWD | 28657 | 28657 |  | 882 | 882 | 882 | 0 | 0 | 0 | 0 | (105) | (105) | (105) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $1391 | 1391 | BRL | 7831 | 7831 | 7831 | 50 | 50 | 50 | 50 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1224 | 1224 | EUR | 1079 | 1079 | 1079 | 47 | 47 | 47 | 47 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1468 | 1468 | IDR | 23960815 | 23960815 | 23960815 | 10 | 10 | 10 | 10 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1940 | 1940 | JPY | 279300 | 279300 | 279300 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 16 | 16 | RON | 72 | 72 | 72 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 630 | 630 | THB | 20635 | 20635 | 20635 | 5 | 5 | 5 | 5 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 302 | 302 | TWD | 8989 | 8989 | 8989 | 7 | 7 | 7 | 7 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 3770 | 3770 | $ | $518 | 518 | 518 | 0 | 0 | 0 | 0 | (11) | (11) | (11) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 37897 | 37897 |  | 1203 | 1203 | 1203 | 0 | 0 | 0 | 0 | (115) | (115) | (115) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $11134 | 11134 | CNH | 79627 | 79627 | 79627 | 32 | 32 | 32 | 32 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 218 | 218 | CNY | 1561 | 1561 | 1561 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 191 | 191 | CZK | 4250 | 4250 | 4250 | 12 | 12 | 12 | 12 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 518 | 518 | INR | 45028 | 45028 | 45028 | 6 | 6 | 6 | 6 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 1029 | 1029 | JPY | 147832 | 147832 | 147832 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 695 | 13230 | 7 | 0 |
|  | 10/2025  | 13100 | $2166 | 0 | (190) |
|  | 05/2026  | $328 | 100 | 0 | (1) |
|  | 06/2026  | 208 | 63 | 0 | 0 |
|  | 06/2027  | 144 | 44 | 0 | (1) |
|  | 05/2029  | 511 | $1756 | 77 | 0 |
|  | 07/2029  | 65 | 222 | 10 | 0 |
|  | 05/2030  | 344 | 1185 | 47 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 732 | 3707 | 0 | (3) |
|  | 07/2025  | 29214 | $39749 | 0 | (352) |
|  | 07/2025  | 749 | 222 | 0 | (1) |
|  | 07/2025  | 91002 | 67 | 0 | (1) |
|  | 07/2025  | $3933 | 3480 | 166 | 0 |
|  | 07/2025  | 2228 | 1658 | 47 | 0 |
|  | 07/2025  | 447 | 1558 | 15 | 0 |
|  | 07/2025  | 4952 | 712153 | 0 | (6) |
|  | 07/2025  | 24 | 32392 | 0 | 0 |
|  | 07/2025  | 108 | 1101 | 1 | 0 |
|  | 07/2025  | 202 | 758 | 8 | 0 |
|  | 07/2025  | 5694 | 233609 | 86 | 0 |
|  | 07/2025  | 40705 | $2250 | 0 | (46) |
|  | 08/2025  | 4363 | 607 | 0 | (5) |
|  | 08/2025  | 14075 | 488 | 0 | (1) |
|  | 08/2025  | $2203 | 15814 | 15 | 0 |
|  | 08/2025  | 1886 | 41942 | 115 | 0 |
|  | 08/2025  | 39754 | 29214 | 352 | 0 |
|  | 08/2025  | 2545 | 105526 | 28 | 0 |
|  | 09/2025  | 11958 | $2837 | 0 | (9) |
|  | 12/2025  | $205 | 9590 | 4 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 515 | 801 | 13 | 0 |
|  | 07/2025  | 789 | 5182 | 29 | 0 |
|  | 07/2025  | 2182 | 7892 | 45 | 0 |
|  | 09/2025  | 941 | 3443 | 29 | 0 |
|  | 12/2025  | 7921 | $2182 | 0 | (44) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 507 | 71 | 0 | 0 |
|  | 07/2025  | 5543 | 774 | 0 | 0 |
|  | 07/2025  | 5898 | 6743 | 0 | (205) |
|  | 07/2025  | 2842572 | 2075 | 0 | (28) |
|  | 07/2025  | 12474 | 3394 | 0 | (127) |
|  | 07/2025  | 50427 | 1550 | 0 | (186) |
|  | 07/2025  | $8128 | 58223 | 23 | 0 |
|  | 07/2025  | 6251 | 5405 | 115 | 0 |
|  | 07/2025  | 1457 | 23725995 | 6 | 0 |
|  | 07/2025  | 746 | 1025781 | 12 | 0 |
|  | 07/2025  | 580 | 2076 | 6 | 0 |
|  | 07/2025  | 614 | 5825 | 2 | 0 |
|  | 07/2025  | 2291 | 76186 | 55 | 0 |
|  | 07/2025  | 395 | 11704 | 8 | 0 |
|  | 08/2025  | 8087 | $1128 | 0 | (6) |
|  | 08/2025  | 551 | 146 | 0 | (9) |
|  | 08/2025  | 55342 | 1698 | 0 | (226) |
|  | 08/2025  | $3490 | 25069 | 25 | 0 |
|  | 08/2025  | 2058 | 14715 | 5 | 0 |
|  | 08/2025  | 1595 | 6652291 | 25 | 0 |
|  | 08/2025  | 110 | 6055 | 10 | 0 |
|  | 08/2025  | 3879 | 334342 | 15 | (2) |
|  | 09/2025  | 2286 | $119 | 0 | (2) |
|  | 09/2025  | 4399 | 1214 | 0 | (25) |
|  | 01/2026  | 110000 | 810 | 31 | 0 |
|  | 02/2026  | 1519 | 413 | 0 | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp; CIB | 08/2025  | $2959 | 21244 | 20 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 3900 | $612 | 0 | (3) |
|  | 07/2025  | 206480 | 239537 | 0 | (3686) |
|  | 07/2025  | 95453 | 70 | 0 | (1) |
|  | 07/2025  | 50 | 39 | 0 | (1) |
|  | 07/2025  | $29 | 210 | 0 | 0 |
|  | 07/2025  | 589 | 9546500 | 0 | 0 |
|  | 07/2025  | 218 | 757 | 6 | 0 |
|  | 07/2025  | 60 | 31725 | 1 | 0 |
|  | 07/2025  | 274 | 8134 | 6 | 0 |
|  | 08/2025  | 2958 | $413 | 0 | (2) |
|  | 08/2025  | 1429 | 7255 | 0 | (10) |
|  | 08/2025  | 106769 | $3287 | 0 | (9) |
|  | 08/2025  | $1978 | 14167 | 8 | 0 |
|  | 08/2025  | 612 | 3891 | 3 | 0 |
|  | 08/2025  | 170 | 9367 | 15 | 0 |
|  | 08/2025  | 239537 | 206027 | 3682 | 0 |
|  | 08/2025  | 1798 | 155151 | 8 | 0 |
|  | 09/2025  | 35279 | $65 | 0 | (1) |
|  | 09/2025  | 141 | 7 | 0 | 0 |
|  | 09/2025  | 7916 | 2169 | 0 | (60) |
|  | 09/2025  | $616 | 319064 | 0 | (15) |
|  | 12/2025  | 337 | 179130 | 0 | (9) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 7681 | $4955 | 0 | (99) |
|  | 07/2025  | 57785 | 10451 | 0 | (184) |
|  | 07/2025  | 5095 | 6364 | 0 | (57) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 5301 | 833 | 0 | (4) |
|  | 07/2025  | 7856674 | 53976 | 0 | (583) |
|  | 07/2025  | 125 | 98 | 0 | (1) |
|  | 07/2025  | $10317 | 57785 | 319 | 0 |
|  | 07/2025  | 5881 | 4843 | 223 | 0 |
|  | 07/2025  | 4888 | 35124 | 25 | 0 |
|  | 07/2025  | 87435 | 12543293 | 0 | (332) |
|  | 07/2025  | 1519 | 5603 | 35 | 0 |
|  | 07/2025  | 5173 | 49551 | 64 | 0 |
|  | 07/2025  | 303 | 386 | 1 | 0 |
|  | 08/2025  | 444 | $349 | 0 | (1) |
|  | 08/2025  | 8574 | 294 | 0 | (4) |
|  | 08/2025  | $6364 | 5074 | 57 | 0 |
|  | 08/2025  | 4516 | 32313 | 16 | 0 |
|  | 08/2025  | 833 | 5288 | 4 | 0 |
|  | 08/2025  | 859 | 74308 | 6 | 0 |
|  | 08/2025  | 53976 | 7827781 | 583 | 0 |
|  | 09/2025  | 10451 | 58669 | 182 | 0 |
|  | 09/2025  | 6063 | 118054 | 178 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 811 | 4093 | 0 | (7) |
|  | 07/2025  | 5661 | $174 | 0 | (21) |
|  | 07/2025  | $345 | 5617098 | 2 | 0 |
|  | 07/2025  | 464 | 1967 | 3 | 0 |
|  | 07/2025  | 118 | 150 | 0 | 0 |
|  | 07/2025  | 68 | 2247 | 2 | 0 |
|  | 08/2025  | 169 | 856 | 0 | (1) |
|  | 08/2025  | 150 | $118 | 0 | 0 |
|  | 08/2025  | $1453 | 519285 | 73 | 0 |
|  | 08/2025  | 31 | 1025 | 1 | 0 |
|  | 09/2025  | 18734 | $4450 | 0 | (8) |
|  | 09/2025  | $130 | 67957 | 0 | (2) |
|  | 09/2025  | 536 | 1919 | 5 | 0 |
|  | 10/2025  | 53800 | $8798 | 0 | (878) |
|  | 12/2025  | 7366 | 158 | 0 | (3) |
|  | 01/2026  | 300000 | 2229 | 103 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | 54295 | 5739 | 0 | 0 |
|  | 08/2025  | 16849 | 527 | 0 | (59) |
|  | 08/2025  | $5739 | 54178 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 17233 | $3158 | 0 | (14) |
|  | 07/2025  | 91 | 111 | 0 | (4) |
|  | 07/2025  | 6530 | 912 | 1 | 0 |
|  | 07/2025  | 349835 | 2436 | 7 | 0 |
|  | 07/2025  | 330063 | 241 | 0 | (3) |
|  | 07/2025  | 3324 | 2587 | 0 | (26) |
|  | 07/2025  | 29007 | 892 | 0 | (107) |
|  | 07/2025  | $3073 | 17233 | 99 | 0 |
|  | 07/2025  | 431 | 593 | 4 | 0 |
|  | 07/2025  | 11691 | 84246 | 88 | 0 |
|  | 07/2025  | 642 | 4598 | 0 | 0 |
|  | 07/2025  | 608 | 4016 | 26 | 0 |
|  | 07/2025  | 1973 | 1463 | 35 | 0 |
|  | 07/2025  | 1429 | 2396 | 32 | 0 |
|  | 07/2025  | 4903 | 18252 | 159 | 0 |
|  | 07/2025  | 247 | 316 | 2 | 0 |
|  | 07/2025  | 17509 | $980 | 0 | (8) |
|  | 08/2025  | 315 | 247 | 0 | (2) |
|  | 08/2025  | 41032 | 1256 | 0 | (171) |
|  | 08/2025  | $15150 | 108905 | 122 | 0 |
|  | 08/2025  | 270 | 1926 | 0 | 0 |
|  | 08/2025  | 1580 | 1345 | 7 | 0 |
|  | 08/2025  | 579 | 50221 | 5 | 0 |
|  | 08/2025  | 99 | 3246 | 14 | 0 |
|  | 10/2025  | 129405 | 321 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 442 | $285 | 0 | (6) |
|  | 07/2025  | 11739 | 8540 | 0 | (81) |
|  | 07/2025  | 3197 | 446 | 0 | 0 |
|  | 07/2025  | 4002 | 5430 | 0 | (64) |
|  | 07/2025  | 7985 | 6224 | 0 | (56) |
|  | 07/2025  | 13919 | 427 | 0 | (52) |
|  | 07/2025  | $875 | 1336 | 4 | 0 |
|  | 07/2025  | 6270 | 8591 | 44 | (5) |
|  | 07/2025  | 4427 | 31902 | 35 | 0 |
|  | 07/2025  | 447 | 3197 | 0 | 0 |
|  | 07/2025  | 3840 | 3295 | 41 | 0 |
|  | 07/2025  | 2123 | 1559 | 18 | (1) |
|  | 07/2025  | 328 | 5329122 | 1 | 0 |
|  | 07/2025  | 7324 | 1054811 | 14 | (13) |
|  | 07/2025  | 455 | 619128 | 3 | 0 |
|  | 07/2025  | 1555 | 5824 | 60 | 0 |
|  | 07/2025  | 6506 | 8414 | 111 | 0 |
|  | 07/2025  | 1156 | 38244 | 22 | 0 |
|  | 07/2025  | 22 | 654 | 1 | 0 |
|  | 08/2025  | 52815 | $7344 | 0 | (62) |
|  | 08/2025  | 8395 | 6506 | 0 | (112) |
|  | 08/2025  | 181936 | 5632 | 15 | 0 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 08/2025  | 19575 | 19575 | 603 | 603 |  | 0 | 0 |  | (77) |
|  |  | 08/2025  | $873 | 873 | 1336 | 1336 |  | 7 | 7 |  | 0 |
|  |  | 08/2025  | 8540 | 8540 | 11719 | 11719 |  | 81 | 81 |  | 0 |
|  |  | 08/2025  | 8793 | 8793 | 63280 | 63280 |  | 80 | 80 |  | 0 |
|  |  | 08/2025  | 446 | 446 | 3186 | 3186 |  | 1 | 1 |  | 0 |
|  |  | 08/2025  | 512 | 512 | 436 | 436 |  | 2 | 2 |  | 0 |
|  |  | 08/2025  | 149 | 149 | 21446 | 21446 |  | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 863 | 863 | $121 | 121 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 2864200 | 2864200 | 19666 | 19666 |  | 0 | 0 |  | (224) |
|  |  | 07/2025  | 9260 | 9260 | 918 | 918 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | $3070 | 3070 | 443749 | 443749 |  | 11 | 11 |  | 0 |
|  |  | 07/2025  | 219 | 219 | 928 | 928 |  | 1 | 1 |  | 0 |
|  |  | 07/2025  | 8 | 8 | 29 | 29 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 6278 | 6278 | 45063 | 45063 |  | 41 | 41 |  | 0 |
|  |  | 08/2025  | 175 | 175 | 1252 | 1252 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 19666 | 19666 | 2853670 | 2853670 |  | 224 | 224 |  | 0 |
|  |  | 08/2025  | 918 | 918 | 9258 | 9258 |  | 1 | 1 |  | 0 |
|  |  | 09/2025  | 1914 | 1914 | $1346 | 1346 |  | 0 | 0 |  | (64) |
|  |  | 09/2025  | $93 | 93 | 48011 | 48011 |  | 0 | 0 |  | (2) |
|  |  | 09/2025  | 452 | 452 | 8597 | 8597 |  | 3 | 3 |  | 0 |
|  |  | 12/2025  | 7873 | 7873 | 312 | 312 |  | 0 | 0 |  | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | $4125 | 4125 | 67229627 | 67229627 |  | 21 | 21 |  | 0 |
|  |  | 08/2025  | 526 | 526 | 21946 | 21946 |  | 6 | 6 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | 4412 | 4412 | $610 | 610 |  | 0 | 0 |  | (9) |
|  |  | 08/2025  | $1266 | 1266 | 9114 | 9114 |  | 12 | 12 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 7179 | 7179 | $1002 | 1002 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | 71519 | 71519 | 495 | 495 |  | 0 | 0 |  | (1) |
|  |  | 07/2025  | 2072 | 2072 | 71 | 71 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | $1851 | 1851 | 2550 | 2550 |  | 22 | 22 |  | 0 |
|  |  | 07/2025  | 429 | 429 | 350 | 350 |  | 12 | 12 |  | 0 |
|  |  | 07/2025  | 70 | 70 | 3788 | 3788 |  | 6 | 6 |  | 0 |
|  |  | 07/2025  | 1603 | 1603 | 26123326 | 26123326 |  | 8 | 8 |  | 0 |
|  |  | 07/2025  | 3 | 3 | 12 | 12 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 1331 | 1331 | 191100 | 191100 |  | 0 | 0 |  | (4) |
|  |  | 07/2025  | 1299 | 1299 | 1676 | 1676 |  | 19 | 19 |  | 0 |
|  |  | 07/2025  | 816 | 816 | 24251 | 24251 |  | 19 | 19 |  | 0 |
|  |  | 08/2025  | 6768 | 6768 | $941 | 941 |  | 0 | 0 |  | (8) |
|  |  | 08/2025  | 1672 | 1672 | 1299 | 1299 |  | 0 | 0 |  | (19) |
|  |  | 08/2025  | 7838 | 7838 | 240 | 240 |  | 0 | 0 |  | (32) |
|  |  | 08/2025  | $10467 | 10467 | 74930 | 74930 |  | 40 | 40 |  | 0 |
|  |  | 08/2025  | 606 | 606 | 52057 | 52057 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 495 | 495 | 71255 | 71255 |  | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 4360598 | 4360598 | $30209 | 30209 |  | 0 | 0 |  | (72) |
|  |  | 07/2025  | 964 | 964 | 96 | 96 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | $110 | 110 | 5634 | 5634 |  | 3 | 3 |  | 0 |
|  |  | 07/2025  | 665 | 665 | 2919 | 2919 |  | 11 | 11 |  | 0 |
|  |  | 08/2025  | 50 | 50 | 2602 | 2602 |  | 1 | 1 |  | 0 |
|  |  | 08/2025  | 51 | 51 | 18656 | 18656 |  | 3 | 3 |  | 0 |
|  |  | 08/2025  | 3 | 3 | 300 | 300 |  | 0 | 0 |  | 0 |
|  |  | 08/2025  | 30209 | 30209 | 4344596 | 4344596 |  | 73 | 73 |  | 0 |
|  |  | 08/2025  | 96 | 96 | 964 | 964 |  | 0 | 0 |  | 0 |
|  |  | 12/2025  | 100 | 100 | 5455 | 5455 |  | 3 | 3 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 55 | 55 | 392 | 392 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 39655 | 39655 | 29287 | 29287 |  | 546 | 546 |  | 0 |
|  |  | 08/2025  | 391 | 391 | $55 | 55 |  | 0 | 0 |  | 0 |
|  |  | 11/2025  | 1497 | 1497 | 406 | 406 |  | 0 | 0 |  | (15) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 75698 | 75698 | 56 | 56 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | $725 | 725 | 678093 | 678093 |  | 3 | 3 |  | 0 |
|  |  | 07/2025  | 1018 | 1018 | 7294 | 7294 |  | 1 | 1 |  | 0 |
|  |  | 07/2025  | 32 | 32 | 114 | 114 |  | 2 | 2 |  | 0 |
|  |  | 07/2025  | 1277 | 1277 | 184881 | 184881 |  | 7 | 7 |  | 0 |
|  |  | 07/2025  | 56 | 56 | 75735 | 75735 |  | 0 | 0 |  | 0 |
|  |  | 07/2025  | 1024 | 1024 | 10402 | 10402 |  | 8 | 8 |  | 0 |
|  |  | 07/2025  | 504 | 504 | 2214 | 2214 |  | 9 | 9 |  | 0 |
|  |  | 07/2025  | 183 | 183 | 6073 | 6073 |  | 4 | 4 |  | 0 |
|  |  | 08/2025  | 7276 | 7276 | $1018 | 1018 |  | 0 | 0 |  | (1) |
|  |  | 08/2025  | $11527 | 11527 | 82874 | 82874 |  | 94 | 94 |  | 0 |
|  |  | 09/2025  | 1346 | 1346 | 1913 | 1913 |  | 64 | 64 |  | 0 |
|  |  | 12/2025  | 312 | 312 | 7872 | 7872 |  | 5 | 5 |  | 0 |
|  |  | 12/2025  | 4695 | 4695 | $100 | 100 |  | 0 | 0 |  | (2) |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**18273** | **18273** | **$** | $**(9222)** | **(9222)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description |  | Strike<br>Price | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost |  | Market<br>Value |
| BOA | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | 24.650 | 685 | 685 | 685 | 5 | $ | $5 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | 399.000 | 1104 | 1104 | 1104 | 5 |  | 7 |
| BRC | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | Call - OTC USD versus SEK  | SEK | 10.200 | 1776 | 1776 | 1776 | 11 |  | 9 |
| GLM | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | 1.100 | 219 | 219 | 219 | 25 |  | 16 |
| JPM | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | 24.600 | 2738 | 2738 | 2738 | 12 |  | 14 |
|  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | Put - OTC EUR versus HUF  | HUF | 395.000 | 1338 | 1338 | 1338 | 7 |  | 6 |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| MBC | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | 1.098 | 1.098 | 12/23/2025 | 219 |  | 25 | 25 | 15 | 15 |
| MYI | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | CZK | CZK | 24.750 | 24.750 | 12/09/2025 | 727 |  | 4 | 4 | 5 | 5 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  | 24.550 | 24.550 | 12/16/2025 | 2582 |  | 12 | 12 | 11 | 11 |
|  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  | Put - OTC EUR versus CZK  |  |  | 24.700 | 24.700 | 12/16/2025 | 1234 |  | 8 | 8 | 8 | 8 |
|  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | Put - OTC EUR versus USD  | $ | $ | 1.110 | 1.110 | 11/24/2025 | 5554 |  | 26 | 26 | 16 | 16 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 140 | 140 | $112 | 112 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Cost | Cost | Market<br>Value | Market<br>Value |
| BPS | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 4.570% | 4.570% | 08/13/2025 | 08/13/2025 | 44900 | $ | 63 | 63 | $0 | 0 |
|  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 4.750 | 4.750 | 08/20/2025 | 08/20/2025 | 39000 |  | 44 | 44 | 0 | 0 |
| JPM | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 4.570 | 4.570 | 08/13/2025 | 08/13/2025 | 1000 |  | 1 | 1 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 108 | 108 | $0 | 0 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **$** | **248** | **248** | $**112** | **112** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** | **FOREIGN CURRENCY OPTIONS** |
| Counterparty | Description | Description | Description | Description | Description | Description |  |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| GLM | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | TRY | TRY | 53.500 | 53.500 | 12/11/2025 | 1374 | $ | (45) | (45) | $(37) | (37) |
| UAG | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  | Call - OTC USD versus TRY  |  |  | 54.000 | 54.000 | 12/16/2025 | 863 |  | (28) | (28) | (24) | (24) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (73) | (73) | $(61) | (61) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> |  | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BRC | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.350% | 4.350% | 09/25/2025 | 09/25/2025 | 2700 | $ | (26) | (26) | $(1) | (1) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.605 | 3.605 | 07/23/2025 | 07/23/2025 | 1000 |  | (4) | (4) | (5) | (5) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.955 | 3.955 | 07/23/2025 | 07/23/2025 | 1000 |  | (3) | (3) | (1) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | Receive | Receive | 2.460 | 2.460 | 07/16/2025 | 07/16/2025 | 2600 |  | (8) | (8) | (3) | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | Pay | Pay | 2.720 | 2.720 | 07/16/2025 | 07/16/2025 | 2600 |  | (8) | (8) | (4) | (4) |
| DUB | Put - OTC 5-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.330 | 4.330 | 09/25/2025 | 09/25/2025 | 3100 |  | (34) | (34) | (1) | (1) |
| FAR | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.750 | 3.750 | 07/03/2025 | 07/03/2025 | 1700 |  | (7) | (7) | (12) | (12) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.100 | 4.100 | 07/03/2025 | 07/03/2025 | 1700 |  | (6) | (6) | 0 | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.669 | 3.669 | 07/07/2025 | 07/07/2025 | 1000 |  | (4) | (4) | (3) | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.019 | 4.019 | 07/07/2025 | 07/07/2025 | 1000 |  | (4) | (4) | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.664 | 3.664 | 07/14/2025 | 07/14/2025 | 3100 |  | (9) | (9) | (15) | (15) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 4.064 | 4.064 | 07/14/2025 | 07/14/2025 | 3100 |  | (9) | (9) | 0 | 0 |
| NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | Receive | 3.545 | 3.545 | 07/28/2025 | 07/28/2025 | 3125 |  | (10) | (10) | (12) | (12) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | Pay | 3.895 | 3.895 | 07/28/2025 | 07/28/2025 | 3125 |  | (10) | (10) | (7) | (7) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (142) | (142) | $(64) | (64) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(215)** | **(215)** | $**(125)** | **(125)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON SOVEREIGN ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Reference Entity | Reference Entity | Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000)% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.262% | 0.262% | 0.262% | $1510 | $(49) | (49) | $(2) | $0 | 0 | $(51) |
| Korea International Bond  | Korea International Bond  | Korea International Bond  | (1.000) | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.262 | 0.262 | 0.262 | 1500 | (48) | (48) | (3) | 0 | 0 | (51) |
|  |  |  |  |  |  |  |  |  |  |  |  | $(97) | (97) | $(5) | $0 | 0 | $(102) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  | **CREDIT** **DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup>  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> | <u>Swap Agreements, at Value</u><sup>(6)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> |  | Notional<br>Amount<sup>(5)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| DUB | Petroleos Mexicanos « | Petroleos Mexicanos « | Petroleos Mexicanos « | Petroleos Mexicanos « | 4.750% | 4.750% | 4.750% | Monthly | 07/06/2026 | 07/06/2026 | —◆ | —◆ | $ | $2141 | 2141 | 0 | 0 | 11 | 11 | 11 | 11 | 0 |
| **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** | **CROSS-CURRENCY SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Receive | Receive | Pay | Pay | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date<sup>(7)</sup> | Maturity<br>Date<sup>(7)</sup> | Notional Amount<br>of Currency<br>Received | Notional Amount<br>of Currency<br>Received |  |  | Notional Amount<br>of Currency<br>Delivered |  | Upfront <br>Payable/<br>(Receivable) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset |  | Liability |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 12/17/2026 | 12/17/2026 | $16210 | 16210 | JPY | JPY | 2400000 | $ | 33 | $ | 2 | $ | 35 | $ | 0 |
|  |  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.462% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.462% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 6229 | 6229 |  |  | 950000 |  | (7) |  | 13 |  | 6 |  | 0 |
| &nbsp;&nbsp; GLM | &nbsp;&nbsp; GLM | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.459% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.459% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 328 | 328 |  |  | 50000 |  | (1) |  | 1 |  | 0 |  | 0 |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.414% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 10/15/2026 | 10/15/2026 | 37131 | 37131 |  |  | 5877700 |  | (469) |  | 17 |  | 0 |  | (452) |
| &nbsp;&nbsp; MYC | &nbsp;&nbsp; MYC | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.430% based on the notional amount of currency received  | Floating rate equal to 1-Day USD-SOFR Compounded-OIS less 0.430% based on the notional amount of currency received  | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Floating rate equal to 1-Day JPY-SOFR based on the notional amount of currency delivered | Maturity | Maturity | 09/17/2030 | 09/17/2030 | 395 | 395 |  |  | 60000 |  | (1) |  | 0 |  | 0 |  | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (445) | $ | 33 | $ | 41 | $ | (453) |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | Pay | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 1.500% | 1.500% | Quarterly | Quarterly | 03/18/2031 | CNY | 115800 | 115800 | 115800 | $(37) | (37) | $58 | 58 | $21 | 21 | $0 |
|  |  | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | 03/19/2030 | MYR | 9970 | 9970 | 9970 | (8) | (8) | 41 | 41 | 33 | 33 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | 09/18/2034 |  | 4140 | 4140 | 4140 | (11) | (11) | (17) | (17) | 0 | 0 | (28) |
| &nbsp;&nbsp; CBK | &nbsp;&nbsp; CBK | Pay | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | 03/18/2031 | CNY | 61500 | 61500 | 61500 | 0 | 0 | 11 | 11 | 11 | 11 | 0 |
| &nbsp;&nbsp; GST | &nbsp;&nbsp; GST | Pay | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.500 | 3.500 | Quarterly | Quarterly | 03/19/2030 | MYR | 25030 | 25030 | 25030 | 4 | 4 | 79 | 79 | 83 | 83 | 0 |
|  |  | Receive | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3-Month MYR-KLIBOR | 3.750 | 3.750 | Quarterly | Quarterly | 09/20/2033 |  | 20930 | 20930 | 20930 | 133 | 133 | (279) | (279) | 0 | 0 | (146) |
| &nbsp;&nbsp; SCX | &nbsp;&nbsp; SCX | Pay | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 3-Month CNY-CNREPOFIX<sup>(8)</sup> | 1.500 | 1.500 | Quarterly | Quarterly | 03/18/2031 | CNY | 13500 | 13500 | 13500 | 6 | 6 | (3) | (3) | 3 | 3 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 87 | 87 | (110) | (110) | 151 | 151 | (174) |

---

------

<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** | **TOTAL** **RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Underlying<br>Reference | # of Units | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| &nbsp;&nbsp; BPS | &nbsp;&nbsp; BPS | iBoxx USD Liquid Investment Grade Index  | 44390 | 1.199 | Maturity | 12/22/2025 | $14400 | $0 | $(273) | (273) | $0 | $(273) |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | iBoxx USD Liquid Investment Grade Index  | N/A | 1.199 | Maturity | 09/22/2025 | 12800 | 132 | (451) | (451) | 0 | (319) |
|  |  |  |  |  |  |  |  | $132 | $(724) | (724) | $0 | $(592) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(323)** | $**(795)** | **(795)** | $**203** | $**(1321)** |
| **(j)** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $1,576 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| ◆ | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(7)</sup> | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. | At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered. |
| <sup>(8)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(9)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |

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<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Argentina | Argentina | Argentina |
| Sovereign Issues | $486 | $486 |
| Australia | Australia | Australia |
| Corporate Bonds & Notes | 6120 | 6120 |
| Sovereign Issues | 15989 | 15989 |
| Bermuda | Bermuda | Bermuda |
| Asset-Backed Securities | 1294 | 1294 |
| Brazil | Brazil | Brazil |
| Sovereign Issues | 11877 | 11877 |
| Canada | Canada | Canada |
| Corporate Bonds & Notes | 7722 | 7722 |
| Non-Agency Mortgage-Backed Securities | 2103 | 2103 |
| Sovereign Issues | 27471 | 27471 |
| Cayman Islands | Cayman Islands | Cayman Islands |
| Asset-Backed Securities | 19878 | 19878 |
| Corporate Bonds & Notes | 2600 | 2600 |
| Sovereign Issues | 821 | 821 |
| Chile | Chile | Chile |
| Sovereign Issues | 813 | 813 |
| China | China | China |
| Sovereign Issues | 17815 | 17815 |
| Denmark | Denmark | Denmark |
| Corporate Bonds & Notes | 3885 | 3885 |
| France | France | France |
| Corporate Bonds & Notes | 3382 | 3382 |
| Sovereign Issues | 32510 | 32510 |
| Germany | Germany | Germany |
| Corporate Bonds & Notes | 2544 | 2544 |
| Hungary | Hungary | Hungary |
| Sovereign Issues | 4181 | 4181 |
| Ireland | Ireland | Ireland |
| Asset-Backed Securities | 23822 | 23822 |
| Israel | Israel | Israel |
| Sovereign Issues | 7180 | 7180 |
| Italy | Italy | Italy |
| Corporate Bonds & Notes | 3250 | 3250 |
| Sovereign Issues | 1414 | 1414 |
| Japan | Japan | Japan |
| Corporate Bonds & Notes | 2606 | 4906 |
| Sovereign Issues | 61897 | 61897 |
| Malaysia | Malaysia | Malaysia |
| Corporate Bonds & Notes | 1206 | 1206 |
| Sovereign Issues | 12775 | 12775 |
| Mexico | Mexico | Mexico |
| Sovereign Issues | 467 | 467 |
| Netherlands | Netherlands | Netherlands |
| Corporate Bonds & Notes | 3394 | 3394 |
| New Zealand | New Zealand | New Zealand |
| Corporate Bonds & Notes | 3671 | 3671 |
| Sovereign Issues | 529 | 529 |
| Norway | Norway | Norway |
| Sovereign Issues | 1411 | 1411 |
| Peru | Peru | Peru |
| Corporate Bonds & Notes | 840 | 840 |
| Sovereign Issues | 6357 | 6357 |
| Poland | Poland | Poland |
| Sovereign Issues | 5507 | 5507 |
| Qatar | Qatar | Qatar |
| Corporate Bonds & Notes | 526 | 526 |
| Romania | Romania | Romania |
| Sovereign Issues | 9115 | 9115 |
| Saudi Arabia | Saudi Arabia | Saudi Arabia |
| Corporate Bonds & Notes | 1512 | 1512 |
| Sovereign Issues | 14514 | 14514 |
| Serbia | Serbia | Serbia |
| Sovereign Issues | 2004 | 2004 |
| Singapore | Singapore | Singapore |
| Sovereign Issues | 7004 | 7004 |
| South Africa | South Africa | South Africa |
| Sovereign Issues | 6262 | 6262 |
| South Korea | South Korea | South Korea |
| Sovereign Issues | 16067 | 16067 |
| Spain | Spain | Spain |
| Corporate Bonds & Notes | 1229 | 1229 |
| Sovereign Issues | 39881 | 39881 |
| Supranational | Supranational | Supranational |
| Corporate Bonds & Notes | 1165 | 1165 |
| Switzerland | Switzerland | Switzerland |
| Corporate Bonds & Notes | 8842 | 8842 |
| Thailand | Thailand | Thailand |
| Sovereign Issues | 8622 | 8622 |
| United Arab Emirates | United Arab Emirates | United Arab Emirates |
| Corporate Bonds & Notes | 3592 | 3592 |
| United Kingdom | United Kingdom | United Kingdom |
| Corporate Bonds & Notes | 18693 | 18693 |

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<br> Schedule of Investments PIMCO International Bond Fund (Unhedged) (Cont.) June 30, 2025 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| Non-Agency Mortgage-Backed Securities | 0 | 7421 | 0 | 7421 |
| Sovereign Issues | 0 | 18508 | 0 | 18508 |
| United States | United States | United States | United States | United States |
| Asset-Backed Securities | 0 | 10100 | 0 | 10100 |
| Corporate Bonds & Notes | 0 | 61568 | 0 | 61568 |
| Loan Participations and Assignments | 0 | 1543 | 0 | 1543 |
| Municipal Bonds & Notes | 0 | 1723 | 0 | 1723 |
| Non-Agency Mortgage-Backed Securities | 0 | 83188 | 0 | 83188 |
| U.S. Government Agencies | 0 | 360450 | 0 | 360450 |
| U.S. Treasury Obligations | 0 | 57176 | 0 | 57176 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Commercial Paper | 400 | 6779 | 0 | 7179 |
| Mutual Funds | 0 | 1743 | 0 | 1743 |
| Nigeria Treasury Bills | 0 | 2255 | 0 | 2255 |
| U.S. Treasury Bills | 0 | 827 | 0 | 827 |
|  | $2700 | $1050126 | $0 | $1052826 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $48332 | $0 | $0 | $48332 |
| Total Investments | $51032 | $1050126 | $0 | $1101158 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | $0 | $(115572) | $0 | $(115572) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 760 | 472 | 0 | 1232 |
| Over the counter | 0 | 18577 | 11 | 18588 |
|  | $760 | $19049 | $11 | $19820 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (341) | (2058) | 0 | (2399) |
| Over the counter | 0 | (10668) | 0 | (10668) |
|  | $(341) | $(12726) | $0 | $(13067) |
| Total Financial Derivative Instruments | $419 | $6323 | $11 | $6753 |
| Totals | $51451 | $940877 | $11 | $992339 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund June 30, 2025 (Unaudited)

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| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 105.9% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.8%**  |  |  |
| **Altice France SA**<br>7.779% (EUR003M + 5.500%) due 08/15/2028 ~ | 940 | $999 |
| **Castlelake LP**<br>2.950% due 05/13/2031 « | $19744 | 18651 |
| **Charter Communications Operating LLC**<br>6.548% (TSFR3M + 2.250%) due 12/15/2031 ~ | 997 | 1000 |
| **Databricks, Inc.**  |  |  |
| TBD% - 1.000% due 01/03/2031 «µ | 1217 | 1229 |
| TBD% - 1.000% (TSFR1M + 4.500%) due 01/03/2031 «~ | 5500 | 5555 |
| **Encina Private Credit LLC**<br>TBD% - 8.524% due 11/30/2025 «µ | 6213 | 6058 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(m) | 4200 | 4200 |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(m) | 2552 | 3006 |
| **Project Flash**<br>TBD% due 04/30/2030 «µ | $27000 | 27000 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | 6000 | 6087 |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 19100 | 22661 |
| **Westmoreland Coal Co.**<br>8.000% due 03/15/2029 « | $1445 | 571 |
| Total Loan Participations and Assignments (Cost $96,476) |  | 97017 |
| **CORPORATE BONDS & NOTES 68.7%**  |  |  |
| **BANKING & FINANCE 32.5%**  |  |  |
| **ABN AMRO Bank NV** <br>6.875% due 09/22/2031 •(j)(k) | 3600 | 4556 |
| **AerCap Ireland Capital DAC**  |  |  |
| 2.450% due 10/29/2026  | $32616 | 31787 |
| 3.000% due 10/29/2028  | 1466 | 1397 |
| 3.650% due 07/21/2027  | 2770 | 2729 |
| 3.875% due 01/23/2028  | 1425 | 1401 |
| 4.625% due 09/10/2029  | 6200 | 6204 |
| **AIA Group Ltd.** <br>3.200% due 09/16/2040 | 800 | 616 |
| **Air Lease Corp.** <br>3.750% due 06/01/2026 | 5900 | 5862 |
| **Aircastle Ltd.**  |  |  |
| 2.850% due 01/26/2028  | 4500 | 4286 |
| 4.250% due 06/15/2026  | 3100 | 3087 |
| 5.950% due 02/15/2029  | 1400 | 1447 |
| 6.500% due 07/18/2028  | 15709 | 16408 |
| **Alamo Re Ltd.**  |  |  |
| 12.058% due 06/07/2027 ~  | 2400 | 2504 |
| 15.544% due 06/08/2026 ~  | 2400 | 2494 |
| **Alexandria Real Estate Equities, Inc.** <br>5.500% due 10/01/2035 | 1100 | 1113 |
| **Alfa Bank AO Via Alfa Bond Issuance PLC** <br>5.950% due 04/15/2030 ^«(d) | 3100 | 186 |
| **Ally Financial, Inc.**  |  |  |
| 4.750% due 06/09/2027  | 1000 | 1006 |
| 6.992% due 06/13/2029 •  | 5700 | 6002 |
| 8.000% due 11/01/2031  | 8000 | 9113 |
| **American Assets Trust LP** <br>3.375% due 02/01/2031 | 17000 | 15232 |
| **American Express Co.**  |  |  |
| 5.284% due 07/26/2035 •  | 10719 | 10856 |
| 5.442% due 01/30/2036 •  | 6800 | 6944 |
| **American Homes 4 Rent LP**  |  |  |
| 2.375% due 07/15/2031  | 2000 | 1743 |
| 3.375% due 07/15/2051  | 500 | 331 |
| 3.625% due 04/15/2032  | 1600 | 1477 |
| 4.250% due 02/15/2028  | 3667 | 3646 |
| 5.250% due 03/15/2035  | 1000 | 993 |
| 5.500% due 02/01/2034  | 6300 | 6409 |
| **American Tower Corp.**  |  |  |
| 1.875% due 10/15/2030  | 8700 | 7566 |
| 2.750% due 01/15/2027  | 18800 | 18360 |
| 2.950% due 01/15/2051 (o)  | 17500 | 11094 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 3.650% due 03/15/2027  | 1900 | 1877 |
| 3.800% due 08/15/2029  | 11030 | 10728 |
| 3.950% due 03/15/2029  | 5470 | 5357 |
| 4.400% due 02/15/2026  | 3581 | 3577 |
| 5.800% due 11/15/2028  | 8000 | 8351 |
| 5.900% due 11/15/2033  | 15000 | 15838 |
| **Antares Holdings LP**  |  |  |
| 2.750% due 01/15/2027  | 7000 | 6721 |
| 3.750% due 07/15/2027  | 6250 | 6011 |
| 3.950% due 07/15/2026  | 13950 | 13727 |
| 6.350% due 10/23/2029  | 3500 | 3537 |
| 6.500% due 02/08/2029  | 1000 | 1014 |
| 7.950% due 08/11/2028  | 4200 | 4438 |
| **Aon North America, Inc.** <br>5.125% due 03/01/2027 | 11100 | 11236 |
| **Apollo Debt Solutions BDC**  |  |  |
| 6.550% due 03/15/2032  | 7000 | 7154 |
| 6.700% due 07/29/2031  | 13100 | 13617 |
| **Ares Capital Corp.** <br>2.875% due 06/15/2027 | 8420 | 8141 |
| **Ares Finance Co. LLC**  |  |  |
| 3.250% due 06/15/2030  | 13900 | 12940 |
| 4.125% due 06/30/2051 •  | 4900 | 4798 |
| **Ares Management Corp.**  |  |  |
| 5.600% due 10/11/2054  | 2000 | 1890 |
| 6.375% due 11/10/2028  | 7500 | 7953 |
| **Ares Strategic Income Fund**  |  |  |
| 5.600% due 02/15/2030  | 4200 | 4189 |
| 6.200% due 03/21/2032  | 6300 | 6322 |
| **Armor RE Ltd.** <br>14.558% due 05/07/2031 ~ | 2100 | 2177 |
| **Aspen Insurance Holdings Ltd.** <br>5.750% due 07/01/2030 | 2800 | 2848 |
| **Assured Guaranty U.S. Holdings, Inc.**  |  |  |
| 3.150% due 06/15/2031  | 7150 | 6613 |
| 3.600% due 09/15/2051  | 4800 | 3274 |
| 6.125% due 09/15/2028  | 8000 | 8414 |
| **Athene Global Funding**  |  |  |
| 5.322% due 11/13/2031  | 5200 | 5245 |
| 5.516% due 03/25/2027  | 18200 | 18511 |
| 5.526% due 07/11/2031  | 4700 | 4805 |
| 5.583% due 01/09/2029  | 4000 | 4113 |
| 5.684% due 02/23/2026  | 3559 | 3584 |
| **Aviation Capital Group LLC**  |  |  |
| 3.500% due 11/01/2027  | 16454 | 16041 |
| 4.875% due 10/01/2025  | 10591 | 10586 |
| 5.375% due 07/15/2029  | 5500 | 5604 |
| 6.250% due 04/15/2028  | 4700 | 4899 |
| **Aviva PLC** <br>7.750% due 09/30/2032 •(k) | 2800 | 3916 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.125% due 02/21/2026  | $2210 | 2170 |
| 2.528% due 11/18/2027  | 18872 | 17947 |
| 3.250% due 02/15/2027  | 8600 | 8387 |
| 4.950% due 01/15/2028  | 3200 | 3218 |
| 5.150% due 01/15/2030  | 2200 | 2217 |
| **AXIS Specialty Finance PLC** <br>4.000% due 12/06/2027 | 17000 | 16824 |
| **Banco Bilbao Vizcaya Argentaria SA**  |  |  |
| 6.875% due 12/13/2030 •(k)(o)  | 3000 | 3748 |
| 7.883% due 11/15/2034 •  | $4000 | 4548 |
| 8.375% due 06/21/2028 •(k)  | 3400 | 4438 |
| **Banco BTG Pactual SA** <br>2.750% due 01/11/2026 | $5900 | 5827 |
| **Banco General SA** <br>4.125% due 08/07/2027 | 3900 | 3875 |
| **Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa** <br>4.375% due 04/11/2027 | 6750 | 6681 |
| **Banco Santander SA** <br>9.625% due 11/21/2028 •(k) | 16000 | 17703 |
| **Bank of America Corp.**  |  |  |
| 1.898% due 07/23/2031 •  | 19100 | 16787 |
| 2.299% due 07/21/2032 •  | 26300 | 22925 |
| 2.551% due 02/04/2028 •  | 45700 | 44430 |
| 2.687% due 04/22/2032 •  | 17500 | 15710 |
| 2.972% due 02/04/2033 •  | 27000 | 24185 |
| 3.593% due 07/21/2028 •  | 8000 | 7879 |
| 3.824% due 01/20/2028 •  | 1800 | 1785 |
| 3.970% due 03/05/2029 •  | 18700 | 18496 |
| 4.571% due 04/27/2033 •  | 16600 | 16340 |
| 5.015% due 07/22/2033 •  | 6500 | 6578 |
| 5.288% due 04/25/2034 •  | 12800 | 13061 |
| 5.511% due 01/24/2036 •  | 2500 | 2571 |
| 5.819% due 09/15/2029 •  | 7600 | 7918 |
| 8.050% due 06/15/2027  | 8000 | 8477 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Bank** **of America NA**  |  |  |
| 5.526% due 08/18/2026  | 10000 | 10144 |
| 6.000% due 10/15/2036  | 4600 | 4865 |
| **Bank of Montreal** <br>4.689% due 06/28/2028 | 5000 | 5105 |
| **Bank of Nova Scotia**  |  |  |
| 7.151% due 10/12/2025 ~(k)  | 368 | 365 |
| 8.000% due 01/27/2084 •(k)  | 2600 | 2764 |
| **Barclays PLC**  |  |  |
| 4.375% due 01/12/2026  | 25977 | 25961 |
| 5.335% due 09/10/2035 •  | 6300 | 6255 |
| 5.690% due 03/12/2030 •  | 2700 | 2794 |
| 5.851% due 03/21/2035 •  | 2000 | 2776 |
| 6.224% due 05/09/2034 •  | $12200 | 12953 |
| 6.375% due 12/15/2025 •(j)(k)  | 5900 | 8118 |
| 6.496% due 09/13/2027 •  | $8862 | 9061 |
| 6.692% due 09/13/2034 •  | 3700 | 4041 |
| 7.437% due 11/02/2033 •  | 7200 | 8174 |
| 9.250% due 09/15/2028 •(j)(k)  | 3000 | 4437 |
| 9.625% due 12/15/2029 •(j)(k)  | $5500 | 6123 |
| **Bayou Re Ltd.**  |  |  |
| 12.794% due 04/30/2031 ~  | 900 | 949 |
| 22.808% due 04/30/2031 ~  | 1100 | 1183 |
| **BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico**  |  |  |
| 1.875% due 09/18/2025  | 1000 | 994 |
| 7.625% due 02/11/2035 •(k)  | 4000 | 4117 |
| 8.125% due 01/08/2039 •(k)  | 10000 | 10343 |
| 8.450% due 06/29/2038 •(k)  | 14600 | 15451 |
| **BGC Group, Inc.**  |  |  |
| 4.375% due 12/15/2025  | 10000 | 9971 |
| 6.150% due 04/02/2030  | 8600 | 8722 |
| 8.000% due 05/25/2028  | 5000 | 5350 |
| **Blackstone Holdings Finance Co. LLC**  |  |  |
| 1.500% due 04/10/2029  | 12000 | 13445 |
| 2.000% due 01/30/2032  | $5600 | 4717 |
| 2.800% due 09/30/2050  | 5300 | 3216 |
| 4.450% due 07/15/2045  | 1300 | 1087 |
| 5.000% due 06/15/2044  | 3900 | 3535 |
| **Blackstone Secured Lending Fund** <br>5.875% due 11/15/2027 | 12200 | 12461 |
| **Blue Owl Finance LLC**  |  |  |
| 4.125% due 10/07/2051  | 5900 | 4044 |
| 4.375% due 02/15/2032  | 11700 | 10930 |
| 6.250% due 04/18/2034  | 4200 | 4324 |
| **BNP Paribas SA**  |  |  |
| 4.400% due 08/14/2028  | 4900 | 4885 |
| 7.375% due 09/10/2034 •(j)(k)  | 25900 | 26368 |
| 8.500% due 08/14/2028 •(j)(k)  | 5500 | 5830 |
| **BPCE SA**  |  |  |
| 5.716% due 01/18/2030 •  | 5250 | 5407 |
| 5.876% due 01/14/2031 •  | 3300 | 3424 |
| 5.936% due 05/30/2035 •  | 7600 | 7792 |
| 6.612% due 10/19/2027 •  | 13000 | 13311 |
| 7.003% due 10/19/2034 •  | 6006 | 6601 |
| **Broadstone Net Lease LLC** <br>2.600% due 09/15/2031 | 2900 | 2467 |
| **Brookfield Capital Finance LLC** <br>6.087% due 06/14/2033 | 6300 | 6668 |
| **Brookfield Finance, Inc.**  |  |  |
| 3.500% due 03/30/2051  | 6400 | 4346 |
| 3.900% due 01/25/2028  | 5600 | 5536 |
| 4.850% due 03/29/2029  | 4825 | 4872 |
| **Brown & Brown, Inc.**  |  |  |
| 4.950% due 03/17/2052  | 1500 | 1300 |
| 5.650% due 06/11/2034  | 4800 | 4933 |
| **Canary Wharf Group Investment Holdings PLC** <br>1.750% due 04/07/2026 | 3800 | 4415 |
| **Cantor Fitzgerald LP**  |  |  |
| 4.500% due 04/14/2027  | $300 | 297 |
| 7.200% due 12/12/2028  | 16300 | 17309 |
| **Cape Lookout Re Ltd.**  |  |  |
| 11.194% due 03/13/2032 ~  | 1200 | 1205 |
| 12.996% due 04/05/2027 ~  | 12000 | 12172 |
| **Capital One Financial Corp.**  |  |  |
| 4.500% due 01/30/2026  | 2776 | 2775 |
| 6.312% due 06/08/2029 •  | 4700 | 4934 |
| 7.964% due 11/02/2034 •  | 900 | 1047 |
| **Carlyle Finance Subsidiary LLC** <br>3.500% due 09/19/2029 | 3000 | 2878 |
| **Carlyle Secured Lending, Inc.** <br>6.750% due 02/18/2030 | 6000 | 6136 |
| **CBRE Services, Inc.** <br>5.950% due 08/15/2034 | 7600 | 8006 |
| **Charles River Re Ltd.** <br>11.044% due 05/10/2031 •  | 300 | 305 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **CI** **Financial Corp.**  |  |  |
| 3.200% due 12/17/2030  | 5100 | 4501 |
| 7.500% due 05/30/2029  | 1700 | 1795 |
| **Citadel Finance LLC** <br>5.900% due 02/10/2030 | 13400 | 13533 |
| **Citadel LP** <br>6.000% due 01/23/2030 | 2100 | 2172 |
| **Citibank NA**  |  |  |
| 5.488% due 12/04/2026  | 9000 | 9145 |
| 5.570% due 04/30/2034  | 1000 | 1042 |
| **Citigroup, Inc.**  |  |  |
| 3.200% due 10/21/2026  | 15990 | 15767 |
| 3.668% due 07/24/2028 •  | 2200 | 2166 |
| 3.785% due 03/17/2033 •  | 2038 | 1906 |
| 3.887% due 01/10/2028 •  | 7400 | 7335 |
| 4.075% due 04/23/2029 •  | 1260 | 1248 |
| 5.174% due 02/13/2030 •  | 5600 | 5715 |
| 5.449% due 06/11/2035 •  | 11913 | 12173 |
| **CNA Financial Corp.** <br>5.500% due 06/15/2033 | 5000 | 5133 |
| **Constellation Insurance, Inc.** <br>6.800% due 01/24/2030 | 18100 | 18008 |
| **Consumers Securitization Funding LLC**  |  |  |
| 5.210% due 09/01/2031  | 200 | 205 |
| 5.550% due 03/01/2028  | 241 | 243 |
| **Cooperatieve Rabobank UA**  |  |  |
| 1.004% due 09/24/2026 •  | 14385 | 14266 |
| 3.750% due 07/21/2026  | 510 | 506 |
| 4.375% due 06/29/2027 •(j)(k)  | 6000 | 7057 |
| **COPT Defense Properties LP** <br>2.250% due 03/15/2026 | $7833 | 7686 |
| **Corebridge Financial, Inc.**  |  |  |
| 3.650% due 04/05/2027  | 6200 | 6120 |
| 3.850% due 04/05/2029  | 4300 | 4215 |
| 6.375% due 09/15/2054 •  | 1000 | 999 |
| 6.875% due 12/15/2052 •  | 5500 | 5676 |
| **Corebridge Global Funding** <br>4.900% due 01/07/2028 | 2700 | 2742 |
| **Corestate Capital Holding SA (8.000% Cash or 9.000% PIK)** <br>8.000% due 12/31/2026 (c) | 225 | 107 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | $12400 | 11223 |
| **Credicorp Capital Sociedad Titulizadora SA** <br>10.100% due 12/15/2043 | 6000 | 1800 |
| **Credit Agricole SA**  |  |  |
| 5.862% due 01/09/2036 •  | $1300 | 1348 |
| 7.250% due 09/23/2028 •(j)(k)  | 12100 | 15385 |
| 7.500% due 06/23/2026 •(k)  | 300 | 417 |
| **Credit Opportunities Partners LLC**  |  |  |
| 6.520% due 03/20/2028 «(m)  | $3200 | 3221 |
| 6.740% due 03/20/2030 «(m)  | 3800 | 3842 |
| **Crown Castle, Inc.**  |  |  |
| 3.650% due 09/01/2027  | 2443 | 2402 |
| 3.700% due 06/15/2026  | 4230 | 4194 |
| 3.800% due 02/15/2028  | 15524 | 15255 |
| 4.000% due 03/01/2027  | 3100 | 3083 |
| 4.450% due 02/15/2026  | 11372 | 11360 |
| **CubeSmart LP**  |  |  |
| 2.250% due 12/15/2028  | 3200 | 2983 |
| 4.375% due 02/15/2029  | 3625 | 3605 |
| **DAE Sukuk Difc Ltd.** <br>3.750% due 02/15/2026 | 19100 | 18976 |
| **Danske Bank AS** <br>5.427% due 03/01/2028 •  | 3000 | 3053 |
| **Deutsche Bank AG**  |  |  |
| 2.129% due 11/24/2026 •  | 27747 | 27469 |
| 5.625% due 05/19/2031 •  | 5500 | 6590 |
| **Digital Dutch Finco BV** <br>1.500% due 03/15/2030 | 11100 | 12088 |
| **Digital Stout Holding LLC** <br>3.750% due 10/17/2030 | 1100 | 1432 |
| **DOC Dr. LLC** <br>3.950% due 01/15/2028 | $5400 | 5354 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 7900 | 7037 |
| **East Lane Re Ltd.** <br>13.544% due 03/31/2026 ~ | 5700 | 5773 |
| **Eaton Vance Corp.** <br>3.500% due 04/06/2027 | 1200 | 1185 |
| **Encore Capital Group, Inc.** <br>8.500% due 05/15/2030 | 3700 | 3972 |
| **EPR Properties**  |  |  |
| 3.600% due 11/15/2031  | 4600 | 4181 |
| 4.500% due 06/01/2027  | 9400 | 9356 |
| 4.750% due 12/15/2026  | 8000 | 7991 |
| 4.950% due 04/15/2028  | 2600 | 2596 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Equitable** **Financial Life Global Funding** <br>4.875% due 11/19/2027 | 2000 | 2025 |
| **Equitable Holdings, Inc.** <br>6.700% due 03/28/2055 •  | 12600 | 12932 |
| **Erste Group Bank AG**  |  |  |
| 4.250% due 10/15/2027 •(j)(k)  | 200 | 232 |
| 8.500% due 10/15/2028 •(j)(k)  | 5800 | 7672 |
| **Essex Portfolio LP**  |  |  |
| 2.550% due 06/15/2031  | $3000 | 2667 |
| 2.650% due 03/15/2032  | 2500 | 2187 |
| 5.375% due 04/01/2035  | 1600 | 1625 |
| 5.500% due 04/01/2034  | 4032 | 4121 |
| **Everglades Re Ltd.**  |  |  |
| 14.794% due 05/13/2027 ~  | 300 | 313 |
| 15.794% due 05/13/2031 ~  | 300 | 312 |
| 17.044% due 05/13/2031 ~  | 300 | 311 |
| **Extra Space Storage LP** <br>3.875% due 12/15/2027 | 3987 | 3944 |
| **F&G Global Funding**  |  |  |
| 5.875% due 06/10/2027  | 4000 | 4091 |
| 5.875% due 01/16/2030  | 5600 | 5762 |
| **Fairfax Financial Holdings Ltd.**  |  |  |
| 2.750% due 03/29/2028  | 16400 | 19219 |
| 4.625% due 04/29/2030  | $7700 | 7663 |
| 6.000% due 12/07/2033  | 6300 | 6575 |
| 6.350% due 03/22/2054  | 1400 | 1420 |
| **Fidelity National Financial, Inc.** <br>3.200% due 09/17/2051 | 4500 | 2781 |
| **Fish Pond Re Ltd.** <br>8.328% due 01/08/2027 ~ | 4000 | 4072 |
| **FMR LLC** <br>6.500% due 12/14/2040 | 1000 | 1116 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 2.330% due 11/25/2025  | 2900 | 3413 |
| 2.700% due 08/10/2026  | $2700 | 2629 |
| 2.900% due 02/16/2028  | 494 | 463 |
| 3.250% due 09/15/2025  | 2100 | 2477 |
| 3.375% due 11/13/2025  | $2900 | 2881 |
| 4.125% due 08/17/2027  | 4372 | 4275 |
| 4.389% due 01/08/2026  | 1200 | 1195 |
| 5.125% due 11/05/2026  | 3000 | 2994 |
| 5.800% due 03/05/2027  | 5800 | 5848 |
| 5.800% due 03/08/2029  | 11214 | 11241 |
| 5.850% due 05/17/2027  | 7000 | 7056 |
| 5.918% due 03/20/2028  | 5200 | 5254 |
| 6.054% due 11/05/2031  | 2401 | 2390 |
| 6.950% due 03/06/2026  | 2887 | 2915 |
| 6.950% due 06/10/2026  | 3985 | 4040 |
| 7.350% due 11/04/2027  | 5900 | 6129 |
| 7.350% due 03/06/2030  | 2800 | 2957 |
| **Fortitude Group Holdings LLC** <br>6.250% due 04/01/2030 | 5400 | 5558 |
| **Franklin Resources, Inc.** <br>2.950% due 08/12/2051 | 3900 | 2400 |
| **Freedom Mortgage Corp.** <br>12.000% due 10/01/2028 | 6900 | 7425 |
| **FS KKR Capital Corp.**  |  |  |
| 6.125% due 01/15/2030  | 8200 | 8147 |
| 6.875% due 08/15/2029  | 9600 | 9849 |
| 7.875% due 01/15/2029  | 6400 | 6757 |
| **GA Global Funding Trust**  |  |  |
| 5.200% due 12/09/2031  | 3000 | 3007 |
| 5.500% due 01/08/2029  | 5000 | 5127 |
| 5.900% due 01/13/2035  | 6800 | 6902 |
| **Global Atlantic Fin Co.** <br>4.400% due 10/15/2029 | 15800 | 15344 |
| **GLP Capital LP**  |  |  |
| 3.250% due 01/15/2032  | 2300 | 2026 |
| 4.000% due 01/15/2030  | 3200 | 3078 |
| 4.000% due 01/15/2031  | 3300 | 3114 |
| 5.300% due 01/15/2029  | 13737 | 13899 |
| 5.625% due 09/15/2034  | 8900 | 8874 |
| 5.750% due 06/01/2028  | 6300 | 6460 |
| 6.250% due 09/15/2054  | 6300 | 6155 |
| 6.750% due 12/01/2033  | 2700 | 2886 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.383% due 07/21/2032 •  | 4200 | 3669 |
| 2.615% due 04/22/2032 •  | 9000 | 8002 |
| 3.691% due 06/05/2028 •  | 26100 | 25740 |
| 4.223% due 05/01/2029 •  | 27247 | 27096 |
| 4.692% due 10/23/2030 •  | 1100 | 1104 |
| 5.016% due 10/23/2035 •  | 17300 | 17098 |
| 5.049% due 07/23/2030 •  | 17900 | 18201 |
| 5.207% due 01/28/2031 •  | 3000 | 3071 |
| 5.536% due 01/28/2036 •  | 4500 | 4616 |
| 5.734% due 01/28/2056 •  | 10000 | 10008 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 6.484% due 10/24/2029 •  | 17000 | 18036 |
| **Goodman U.S. Finance Four LLC** <br>4.500% due 10/15/2037 | 4100 | 3748 |
| **Goodman U.S. Finance Six LLC** <br>5.125% due 10/07/2034 | 1300 | 1297 |
| **Goodman U.S. Finance Three LLC** <br>3.700% due 03/15/2028 | 21100 | 20689 |
| **Greengrove RE Ltd.** <br>12.044% due 04/08/2032 ~ | 500 | 500 |
| **HA Sustainable Infrastructure Capital, Inc.**  |  |  |
| 6.150% due 01/15/2031  | 18800 | 19041 |
| 6.375% due 07/01/2034  | 3100 | 3102 |
| **Hanover Insurance Group, Inc.** <br>2.500% due 09/01/2030 | 4800 | 4275 |
| **Hardwood Funding LLC**  |  |  |
| 4.840% due 06/07/2028 «(m)  | 3900 | 3923 |
| 4.980% due 06/07/2030 «(m)  | 3900 | 3939 |
| 5.160% due 06/07/2032 «(m)  | 3900 | 3946 |
| **HAT Holdings LLC**  |  |  |
| 3.750% due 09/15/2030  | 400 | 367 |
| 8.000% due 06/15/2027  | 2321 | 2421 |
| **Highwoods Realty LP**  |  |  |
| 3.050% due 02/15/2030  | 5600 | 5116 |
| 4.125% due 03/15/2028  | 2200 | 2156 |
| 4.200% due 04/15/2029  | 4000 | 3892 |
| **Host Hotels & Resorts LP**  |  |  |
| 2.900% due 12/15/2031  | 2000 | 1754 |
| 3.375% due 12/15/2029  | 6300 | 5949 |
| 3.500% due 09/15/2030  | 4900 | 4552 |
| 5.500% due 04/15/2035  | 100 | 99 |
| **HPS Corporate Lending Fund** <br>5.950% due 04/14/2032 | 4000 | 3982 |
| **HSBC Holdings PLC**  |  |  |
| 5.130% due 03/03/2031 •  | 6500 | 6589 |
| 5.875% due 09/28/2026 •(j)(k)  | 14400 | 19790 |
| **Hudson Pacific Properties LP** <br>3.250% due 01/15/2030 (o) | $10000 | 8186 |
| **Indian Railway Finance Corp. Ltd.** <br>2.800% due 02/10/2031 | 3000 | 2702 |
| **ING Groep NV**  |  |  |
| 4.250% due 05/16/2031 •(j)(k)  | 2900 | 2433 |
| 5.525% due 03/25/2036 •  | 1000 | 1018 |
| 5.750% due 11/16/2026 •(j)(k)  | 1800 | 1792 |
| **Intercontinental Exchange, Inc.**  |  |  |
| 1.850% due 09/15/2032  | 17000 | 14134 |
| 4.000% due 09/15/2027  | 3326 | 3310 |
| 4.350% due 06/15/2029  | 3900 | 3907 |
| **Intesa Sanpaolo SpA**  |  |  |
| 4.950% due 06/01/2042 •  | 5900 | 4775 |
| 5.710% due 01/15/2026  | 2200 | 2205 |
| 6.625% due 06/20/2033  | 7416 | 8055 |
| 7.200% due 11/28/2033  | 8869 | 9964 |
| 7.778% due 06/20/2054 •  | 6300 | 7074 |
| 7.800% due 11/28/2053  | 700 | 819 |
| 8.248% due 11/21/2033 •  | 17000 | 19741 |
| **Invitation Homes Operating Partnership LP**  |  |  |
| 2.000% due 08/15/2031  | 2000 | 1704 |
| 2.700% due 01/15/2034  | 15300 | 12652 |
| 4.150% due 04/15/2032  | 2000 | 1894 |
| 4.875% due 02/01/2035  | 600 | 582 |
| 5.450% due 08/15/2030  | 5200 | 5388 |
| 5.500% due 08/15/2033  | 5200 | 5283 |
| **Itau Unibanco Holding SA** <br>6.000% due 02/27/2030 | 21000 | 21554 |
| **JAB Holdings BV** <br>2.200% due 11/23/2030 | 7153 | 6173 |
| **JPMorgan Chase & Co.**  |  |  |
| 2.182% due 06/01/2028 •  | 11900 | 11442 |
| 2.545% due 11/08/2032 •  | 10000 | 8806 |
| 2.580% due 04/22/2032 •  | 9600 | 8576 |
| 2.739% due 10/15/2030 •  | 22000 | 20518 |
| 3.540% due 05/01/2028 •  | 10100 | 9954 |
| 3.702% due 05/06/2030 •  | 16000 | 15575 |
| 3.782% due 02/01/2028 •  | 7900 | 7834 |
| 4.005% due 04/23/2029 •  | 21000 | 20819 |
| 4.203% due 07/23/2029 •  | 300 | 299 |
| 4.603% due 10/22/2030 •  | 6100 | 6122 |
| 4.912% due 07/25/2033 •(o)  | 33672 | 33877 |
| 4.946% due 10/22/2035 •  | 8000 | 7919 |
| 5.140% due 01/24/2031 •  | 4300 | 4411 |
| 5.294% due 07/22/2035 •  | 11900 | 12115 |
| 5.350% due 06/01/2034 •  | 46600 | 47958 |
| 5.534% due 11/29/2045 •  | 18000 | 18052 |
| 6.087% due 10/23/2029 •  | 14800 | 15558 |
| **JPMorgan Chase Bank NA** <br>5.110% due 12/08/2026 | 10000 | 10130 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **KBC** **Group NV**  |  |  |
| 6.250% due 09/17/2031 •(j)(k)  | 3600 | 4362 |
| 8.000% due 09/05/2028 •(j)(k)  | 600 | 784 |
| **Kilroy Realty LP**  |  |  |
| 2.500% due 11/15/2032  | $7800 | 6283 |
| 2.650% due 11/15/2033  | 4972 | 3908 |
| 3.050% due 02/15/2030  | 6796 | 6153 |
| 4.375% due 10/01/2025  | 5050 | 5042 |
| 6.250% due 01/15/2036  | 7400 | 7382 |
| **Kite Realty Group LP** <br>4.950% due 12/15/2031 | 3826 | 3842 |
| **Kizuna RE Pte. Ltd.** <br>7.044% due 04/09/2029 ~ | 1046 | 1065 |
| **KKR Financial Holdings LLC** <br>5.400% due 05/23/2033 | 10000 | 9634 |
| **KKR Group Finance Co. LLC** <br>4.850% due 05/17/2032 | 2550 | 2539 |
| **Lazard Group LLC**  |  |  |
| 4.375% due 03/11/2029  | 3046 | 3011 |
| 4.500% due 09/19/2028  | 3500 | 3488 |
| 6.000% due 03/15/2031  | 7200 | 7564 |
| **Lloyds Bank PLC** <br>0.000% due 04/02/2032 þ | 6200 | 4501 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.750% due 01/11/2027  | 6500 | 6446 |
| 4.375% due 03/22/2028  | 500 | 499 |
| 5.985% due 08/07/2027 •  | 1800 | 1828 |
| 6.068% due 06/13/2036 •  | 13100 | 13474 |
| 8.500% due 09/27/2027 •(j)(k)  | 19500 | 28122 |
| **Logicor Financing SARL** <br>1.625% due 07/15/2027 | 4000 | 4598 |
| **Longleaf Pine Re Ltd.** <br>21.794% due 05/27/2031 ~ | $3200 | 3300 |
| **LPL Holdings, Inc.** <br>5.650% due 03/15/2035 | 8000 | 8048 |
| **Marsh & McLennan Cos., Inc.**  |  |  |
| 5.000% due 03/15/2035  | 16600 | 16604 |
| 5.350% due 11/15/2044  | 1900 | 1870 |
| 5.400% due 03/15/2055  | 9000 | 8681 |
| 5.700% due 09/15/2053  | 4300 | 4323 |
| **MassMutual Global Funding** <br>3.400% due 03/08/2026 | 1600 | 1591 |
| **Meiji Yasuda Life Insurance Co.** <br>6.100% due 06/11/2055 •  | 7100 | 7104 |
| **Mercury General Corp.** <br>4.400% due 03/15/2027 | 2313 | 2295 |
| **MetLife, Inc.** <br>10.750% due 08/01/2069 | 4000 | 5361 |
| **Mitsubishi UFJ Financial Group, Inc.**  |  |  |
| 1.412% due 07/17/2025  | 1769 | 1767 |
| 1.538% due 07/20/2027 •  | 4200 | 4076 |
| 2.048% due 07/17/2030  | 3200 | 2843 |
| 5.133% due 07/20/2033 •  | 29400 | 29779 |
| 5.354% due 09/13/2028 •  | 5200 | 5313 |
| 5.426% due 04/17/2035 •  | 2000 | 2043 |
| 5.574% due 01/16/2036 •  | 5900 | 6065 |
| **Mizuho Financial Group, Inc.**  |  |  |
| 1.979% due 09/08/2031 •  | 19500 | 17067 |
| 2.869% due 09/13/2030 •  | 12100 | 11325 |
| 5.594% due 07/10/2035 •  | 2000 | 2059 |
| **MMIFS Re Ltd.** <br>5.548% due 01/10/2033 ~ | 300 | 221 |
| **Morgan Stanley**  |  |  |
| 0.000% due 04/02/2032 þ(m)  | $15800 | 10968 |
| 1.593% due 05/04/2027 •  | 9600 | 9370 |
| 1.794% due 02/13/2032 •  | 36100 | 30895 |
| 2.239% due 07/21/2032 •  | 20000 | 17324 |
| 2.475% due 01/21/2028 •  | 2000 | 1942 |
| 3.622% due 04/01/2031 •  | 3600 | 3453 |
| 4.654% due 10/18/2030 •  | 18600 | 18639 |
| 5.042% due 07/19/2030 •  | 9400 | 9562 |
| 5.123% due 02/01/2029 •  | 11600 | 11805 |
| 5.173% due 01/16/2030 •  | 17400 | 17768 |
| 5.230% due 01/15/2031 •  | 14000 | 14336 |
| 5.250% due 04/21/2034 •  | 1700 | 1730 |
| 5.424% due 07/21/2034 •  | 13800 | 14142 |
| 5.466% due 01/18/2035 •  | 5000 | 5117 |
| 5.587% due 01/18/2036 •  | 7900 | 8113 |
| 6.250% due 08/09/2026  | 269 | 274 |
| 6.407% due 11/01/2029 •  | 11000 | 11653 |
| **Morgan Stanley Bank NA** <br>5.882% due 10/30/2026 | 27000 | 27576 |
| **Mutual of Omaha Cos. Global Funding**  |  |  |
| 5.350% due 04/09/2027  | 14709 | 14952 |
| 5.450% due 12/12/2028  | 3000 | 3086 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **National** **Health Investors, Inc.** <br>3.000% due 02/01/2031 | 1500 | 1332 |
| **Nationwide Financial Services, Inc.** <br>3.900% due 11/30/2049 | 5300 | 3963 |
| **NatWest Group PLC**  |  |  |
| 5.125% due 05/12/2027 •(j)(k)  | 30060 | 40451 |
| 5.631% due 03/01/2028 ~  | $2900 | 2915 |
| 7.300% due 11/19/2034 •(j)(k)  | 3500 | 3484 |
| **Neuberger Berman Group LLC** <br>4.500% due 03/15/2027 | 7800 | 7794 |
| **New Immo Holding SA** <br>2.750% due 11/26/2026 | 4500 | 5230 |
| **New York Life Insurance Co.** <br>4.450% due 05/15/2069 | $3500 | 2728 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 8200 | 8681 |
| **Nippon Life Insurance Co.** <br>6.250% due 09/13/2053 •  | 8000 | 8237 |
| **Nissan Motor Acceptance Co. LLC** <br>2.750% due 03/09/2028 | 7400 | 6761 |
| **NLG Global Funding** <br>5.400% due 01/23/2030 | 12100 | 12462 |
| **Nomura Holdings, Inc.**  |  |  |
| 1.851% due 07/16/2025  | 1598 | 1596 |
| 2.172% due 07/14/2028  | 4600 | 4295 |
| 5.591% due 07/02/2027 ~  | 12500 | 12589 |
| 5.594% due 07/02/2027  | 3500 | 3578 |
| 5.709% due 01/09/2026  | 11200 | 11259 |
| 5.842% due 01/18/2028  | 15000 | 15472 |
| 7.000% due 07/15/2030 •(b)(k)  | 7800 | 7909 |
| **Nordea Bank Abp** <br>3.750% due 03/01/2029 •(j)(k) | 1100 | 991 |
| **Norinchukin Bank** <br>5.094% due 10/16/2029 | 517 | 525 |
| **Nykredit Realkredit AS**  |  |  |
| 1.000% due 10/01/2050  | 60246 | 7458 |
| 1.000% due 10/01/2053  | 1874 | 220 |
| 1.500% due 10/01/2052  | 103397 | 13144 |
| **Omega Healthcare Investors, Inc.**  |  |  |
| 3.250% due 04/15/2033  | $5274 | 4555 |
| 4.500% due 04/01/2027  | 2600 | 2606 |
| 4.750% due 01/15/2028  | 700 | 703 |
| 5.250% due 01/15/2026  | 600 | 600 |
| **OneMain Finance Corp.**  |  |  |
| 5.375% due 11/15/2029  | 4500 | 4430 |
| 7.875% due 03/15/2030  | 3200 | 3403 |
| **Orange Capital RE DAC** <br>8.323% due 01/17/2029 ~ | 250 | 294 |
| **Pacific Life Global Funding**  |  |  |
| 4.850% due 02/10/2030  | $1100 | 1118 |
| 4.955% due 01/27/2028 ~  | 21000 | 20987 |
| **Palm RE Ltd.** <br>13.794% due 06/09/2031 ~ | 300 | 308 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (g) | 8600 | 6120 |
| **Phillips Edison Grocery Center Operating Partnership LP** <br>5.750% due 07/15/2034 | 2800 | 2882 |
| **Piedmont Operating Partnership LP**  |  |  |
| 6.875% due 07/15/2029  | 4800 | 5058 |
| 9.250% due 07/20/2028  | 7000 | 7800 |
| **Pinnacol Assurance** <br>8.625% due 06/25/2034 «(m) | 6000 | 6602 |
| **Polestar Re Ltd.**  |  |  |
| 14.794% due 01/07/2028 ~  | 1000 | 1032 |
| 17.544% due 01/07/2027 ~  | 4000 | 4179 |
| **Popular, Inc.** <br>7.250% due 03/13/2028 | 3400 | 3615 |
| **Pricoa Global Funding** <br>0.800% due 09/01/2025 | 3300 | 3279 |
| **Principal Financial Group, Inc.** <br>4.111% due 02/15/2028 | 3500 | 3467 |
| **Principal Life Global Funding** <br>3.000% due 04/18/2026 | 1800 | 1780 |
| **Prologis LP** <br>4.200% due 02/15/2033 | 9500 | 7025 |
| **Protective Life Corp.**  |  |  |
| 3.400% due 01/15/2030  | $7000 | 6675 |
| 4.300% due 09/30/2028  | 10900 | 10878 |
| **Protective Life Global Funding** <br>5.432% due 01/14/2032 | 5000 | 5167 |
| **Public Storage Operating Co.** <br>0.500% due 09/09/2030 | 2200 | 2269 |
| **Purple Re Ltd.** <br>13.294% due 06/07/2027 ~ | $3400 | 3480 |
| **Quercus Re DAC** <br>10.176% due 01/06/2031 ~ | 300 | 363 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Radian** **Group, Inc.** <br>6.200% due 05/15/2029 | $1600 | 1663 |
| **Realty Income Corp.**  |  |  |
| 3.200% due 01/15/2027  | 5100 | 5015 |
| 4.450% due 09/15/2026  | 4100 | 4103 |
| 4.875% due 06/01/2026  | 4670 | 4683 |
| **Regency Centers LP** <br>3.600% due 02/01/2027 | 880 | 872 |
| **Reliance Standard Life Global Funding** <br>2.750% due 01/21/2027 | 160 | 155 |
| **Rexford Industrial Realty LP** <br>2.125% due 12/01/2030 | 6400 | 5571 |
| **RGA Global Funding**  |  |  |
| 2.700% due 01/18/2029  | 4300 | 4035 |
| 5.250% due 01/09/2030  | 8000 | 8213 |
| 5.500% due 01/11/2031  | 6000 | 6193 |
| 6.000% due 11/21/2028  | 4100 | 4303 |
| **Sabra Health Care LP**  |  |  |
| 3.200% due 12/01/2031  | 5150 | 4592 |
| 3.900% due 10/15/2029  | 3213 | 3060 |
| 5.125% due 08/15/2026  | 1000 | 1001 |
| **Sammons Financial Group Global Funding** <br>5.050% due 01/10/2028 | 1000 | 1015 |
| **Sammons Financial Group, Inc.** <br>6.875% due 04/15/2034 | 18968 | 20355 |
| **Santander Holdings USA, Inc.**  |  |  |
| 3.244% due 10/05/2026  | 15533 | 15297 |
| 5.353% due 09/06/2030 •  | 11421 | 11629 |
| 5.473% due 03/20/2029 •  | 10800 | 10983 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 1.532% due 08/21/2026 •  | 11952 | 11897 |
| 4.858% due 09/11/2030 •  | 2281 | 2279 |
| **SBA Tower Trust**  |  |  |
| 1.631% due 05/15/2051  | 3800 | 3647 |
| 1.884% due 07/15/2050  | 21000 | 20659 |
| **Sixth Street Lending Partners**  |  |  |
| 5.750% due 01/15/2030  | 4300 | 4313 |
| 6.125% due 07/15/2030  | 7500 | 7641 |
| 6.500% due 03/11/2029  | 8600 | 8881 |
| **Standard Chartered Bank** <br>4.853% due 12/03/2027 | 5000 | 5088 |
| **Standard Chartered PLC** <br>3.603% due 01/12/2033 •  | 8100 | 7360 |
| **Stifel Financial Corp.** <br>4.000% due 05/15/2030 | 9800 | 9425 |
| **Store Capital LLC**  |  |  |
| 2.700% due 12/01/2031  | 3800 | 3226 |
| 2.750% due 11/18/2030  | 3200 | 2825 |
| 5.400% due 04/30/2030  | 5300 | 5372 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 2.130% due 07/08/2030  | 2300 | 2056 |
| 2.750% due 01/15/2030  | 4700 | 4367 |
| 5.424% due 07/09/2031  | 10300 | 10693 |
| 5.464% due 01/13/2026  | 6372 | 6405 |
| 5.558% due 07/09/2034  | 9400 | 9711 |
| 5.632% due 01/15/2035  | 36000 | 37273 |
| **Sun Communities Operating LP**  |  |  |
| 2.700% due 07/15/2031  | 5800 | 5143 |
| 4.200% due 04/15/2032  | 7765 | 7360 |
| **Sunac China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(c)(d) | 1139 | 140 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2027 ^(c)(d) | 1142 | 143 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(c)(d) | 2290 | 286 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(c)(d) | 3443 | 430 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(c)(d) | 3451 | 431 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(c)(d) | 1625 | 200 |
| **Synchrony Financial** <br>3.700% due 08/04/2026 | 4100 | 4062 |
| **Tesco Property Finance PLC**  |  |  |
| 5.661% due 10/13/2041  | 3094 | 4182 |
| 5.801% due 10/13/2040  | 5646 | 7772 |
| **Thames SSNM** <br>9.750% due 10/10/2027 «(b) | 1006 | 1291 |
| **Torrey Pines Re Ltd.**  |  |  |
| 10.308% due 06/07/2032 ~  | $1000 | 1033 |
| 11.558% due 06/07/2027 ~  | 500 | 522 |
| 13.308% due 06/05/2026 ~  | 300 | 307 |
| **Truist Financial Corp.** <br>7.161% due 10/30/2029 •  | 5800 | 6275 |
| **Trust Fibra Uno**  |  |  |
| 4.869% due 01/15/2030 (o)  | 1800 | 1711 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 4.869% due 01/15/2030  | 250 | 238 |
| 6.390% due 01/15/2050  | 1700 | 1421 |
| 6.950% due 01/30/2044  | 1983 | 1765 |
| **U.S. Bancorp** <br>6.787% due 10/26/2027 •  | 32650 | 33619 |
| **UBS AG**  |  |  |
| 1.250% due 08/07/2026  | 2700 | 2614 |
| 7.500% due 02/15/2028  | 7500 | 8093 |
| **UBS Group AG**  |  |  |
| 1.494% due 08/10/2027 •  | 11100 | 10738 |
| 2.095% due 02/11/2032 •  | 7600 | 6576 |
| 2.746% due 02/11/2033 •  | 4500 | 3928 |
| 4.125% due 09/24/2025  | 6897 | 6886 |
| 4.194% due 04/01/2031 •  | 12300 | 12047 |
| 5.428% due 02/08/2030 •  | 12000 | 12327 |
| 6.246% due 09/22/2029 •  | 12800 | 13449 |
| 6.537% due 08/12/2033 •  | 12650 | 13764 |
| 9.016% due 11/15/2033 •  | 18850 | 23313 |
| 9.250% due 11/13/2028 •(j)(k)  | 7000 | 7658 |
| **UDR, Inc.** <br>3.500% due 01/15/2028 | 7425 | 7288 |
| **UniCredit SpA**  |  |  |
| 7.296% due 04/02/2034 •  | 5200 | 5502 |
| 7.500% due 06/03/2026 •(j)(k)  | 11000 | 13468 |
| **Unigel Netherlands Holding Corp. BV (15.000% Cash or 15.000% PIK)**<br>15.000% due 12/31/2044 ^(c)(d) | $2562 | 83 |
| **Unum Group** <br>6.000% due 06/15/2054 | 1900 | 1877 |
| **Ursa Re Ltd.** <br>11.794% due 02/22/2028 ~ | 1450 | 1459 |
| **Veraison Re Ltd.** <br>9.294% due 03/08/2033 ~ | 250 | 250 |
| **VICI Properties LP**  |  |  |
| 3.875% due 02/15/2029  | 16850 | 16310 |
| 4.125% due 08/15/2030  | 10131 | 9728 |
| 4.500% due 01/15/2028  | 1400 | 1394 |
| 5.125% due 11/15/2031  | 4100 | 4108 |
| 5.125% due 05/15/2032  | 12600 | 12561 |
| 5.625% due 04/01/2035  | 2000 | 2019 |
| 5.750% due 02/01/2027  | 1650 | 1673 |
| 5.750% due 04/01/2034  | 7700 | 7876 |
| 6.125% due 04/01/2054  | 3000 | 2953 |
| **Voya Financial, Inc.** <br>5.000% due 09/20/2034 | 14800 | 14471 |
| **Wells Fargo & Co.**  |  |  |
| 2.393% due 06/02/2028 •  | 30750 | 29638 |
| 3.000% due 04/22/2026  | 21809 | 21572 |
| 3.196% due 06/17/2027 •  | 10670 | 10544 |
| 3.526% due 03/24/2028 •  | 15000 | 14794 |
| 3.584% due 05/22/2028 •  | 38906 | 38322 |
| 4.540% due 08/15/2026 •  | 8255 | 8253 |
| 5.198% due 01/23/2030 •  | 9800 | 10040 |
| 5.244% due 01/24/2031 •  | 11100 | 11390 |
| 5.420% due 04/22/2028 ~  | 11400 | 11481 |
| 5.557% due 07/25/2034 •  | 14300 | 14763 |
| 5.574% due 07/25/2029 •  | 17400 | 17969 |
| **Weyerhaeuser Co.**  |  |  |
| 4.000% due 04/15/2030  | 8363 | 8161 |
| 4.750% due 05/15/2026  | 23200 | 23250 |
| 7.350% due 07/01/2026  | 2000 | 2045 |
| 7.375% due 03/15/2032  | 5657 | 6391 |
| **Windmill Re DAC** <br>7.599% due 07/05/2028 ~ | 250 | 297 |
| **WP Carey, Inc.** <br>4.250% due 10/01/2026 | $6446 | 6434 |
|  |  | 4050187 |
| **INDUSTRIALS 27.5%**  |  |  |
| **7-Eleven, Inc.**  |  |  |
| 0.950% due 02/10/2026  | 6010 | 5878 |
| 1.800% due 02/10/2031  | 26000 | 22030 |
| **AbbVie, Inc.**  |  |  |
| 4.250% due 11/21/2049  | 6700 | 5523 |
| 5.050% due 03/15/2034  | 8000 | 8148 |
| 5.200% due 03/15/2035  | 6000 | 6132 |
| 5.350% due 03/15/2044  | 11869 | 11643 |
| 5.400% due 03/15/2054  | 4200 | 4087 |
| **Adani Transmission Step-One Ltd.** <br>4.000% due 08/03/2026 | 3075 | 3043 |
| **Adnoc Murban Rsc Ltd.**  |  |  |
| 4.250% due 09/11/2029  | 11900 | 11853 |
| 4.500% due 09/11/2034  | 5000 | 4888 |
| **Adventist Health System** <br>2.952% due 03/01/2029 | 3000 | 2790 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **AEP** **Transmission Co. LLC** <br>2.750% due 08/15/2051 | 4800 | 2946 |
| **Aeroporti di Roma SpA** <br>1.750% due 07/30/2031 | 3000 | 3244 |
| **Air Canada Pass-Through Trust**  |  |  |
| 3.300% due 07/15/2031  | $3603 | 3376 |
| 3.600% due 09/15/2028  | 2577 | 2519 |
| 5.250% due 10/01/2030  | 2596 | 2624 |
| **Aker BP ASA**  |  |  |
| 3.100% due 07/15/2031  | 12898 | 11525 |
| 3.750% due 01/15/2030  | 4100 | 3905 |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | 7249 | 7261 |
| **Alcon Finance Corp.** <br>3.000% due 09/23/2029 | 4900 | 4614 |
| **Allegion U.S. Holding Co., Inc.** <br>3.550% due 10/01/2027 | 400 | 392 |
| **Altice France SA**  |  |  |
| 3.375% due 01/15/2028  | 2500 | 2473 |
| 5.125% due 07/15/2029  | $5900 | 4882 |
| **Amcor Flexibles North America, Inc.** <br>5.100% due 03/17/2030 | 2761 | 2809 |
| **Amdocs Ltd.** <br>2.538% due 06/15/2030 | 14850 | 13459 |
| **American Airlines Pass-Through Trust**  |  |  |
| 3.000% due 04/15/2030  | 2675 | 2534 |
| 3.150% due 08/15/2033  | 17980 | 16552 |
| 3.200% due 12/15/2029  | 6045 | 5802 |
| 3.350% due 04/15/2031  | 11740 | 11189 |
| 3.375% due 11/01/2028  | 1349 | 1316 |
| 3.575% due 07/15/2029  | 2186 | 2120 |
| 3.650% due 02/15/2029  | 3137 | 3037 |
| 3.700% due 04/01/2028  | 4445 | 4368 |
| **Amgen, Inc.**  |  |  |
| 4.400% due 02/22/2062  | 2500 | 1953 |
| 4.663% due 06/15/2051  | 7254 | 6216 |
| 5.150% due 03/02/2028  | 5500 | 5621 |
| 5.250% due 03/02/2030  | 9929 | 10234 |
| 5.250% due 03/02/2033  | 21900 | 22434 |
| 5.600% due 03/02/2043  | 33650 | 33402 |
| 5.750% due 03/02/2063  | 25100 | 24421 |
| **Apple, Inc.**  |  |  |
| 1.650% due 05/11/2030  | 1450 | 1292 |
| 4.100% due 08/08/2062  | 4100 | 3233 |
| 4.850% due 05/10/2053  | 11730 | 11194 |
| **Ashtead Capital, Inc.**  |  |  |
| 4.000% due 05/01/2028  | 9445 | 9306 |
| 4.250% due 11/01/2029  | 3300 | 3233 |
| 5.800% due 04/15/2034  | 3900 | 3994 |
| **Astrazeneca Finance LLC** <br>4.900% due 02/26/2031 | 15400 | 15830 |
| **Bacardi Ltd.** <br>5.150% due 05/15/2038 | 10500 | 9716 |
| **Baptist Healthcare System Obligated Group** <br>3.540% due 08/15/2050 | 3200 | 2195 |
| **Bayer U.S. Finance LLC**  |  |  |
| 4.375% due 12/15/2028  | 42800 | 42412 |
| 6.375% due 11/21/2030  | 3900 | 4146 |
| 6.500% due 11/21/2033  | 700 | 751 |
| **Becton Dickinson & Co.**  |  |  |
| 3.828% due 06/07/2032  | 10000 | 12054 |
| 5.081% due 06/07/2029  | $13100 | 13389 |
| **Becton Dickinson Euro Finance SARL** <br>4.029% due 06/07/2036 | 7000 | 8392 |
| **Berry Global, Inc.**  |  |  |
| 1.570% due 01/15/2026  | $7400 | 7269 |
| 4.875% due 07/15/2026  | 1722 | 1721 |
| **Block, Inc.**  |  |  |
| 3.500% due 06/01/2031  | 1300 | 1193 |
| 6.500% due 05/15/2032  | 7329 | 7566 |
| **BMW U.S. Capital LLC**  |  |  |
| 4.650% due 03/19/2027  | 2000 | 2012 |
| 4.750% due 03/21/2028  | 8100 | 8195 |
| 5.326% due 03/21/2028 ~  | 10000 | 9976 |
| **Boeing Co.**  |  |  |
| 2.196% due 02/04/2026  | 20368 | 20053 |
| 2.950% due 02/01/2030  | 375 | 348 |
| 3.200% due 03/01/2029  | 185 | 176 |
| 3.250% due 02/01/2028  | 365 | 354 |
| 3.550% due 03/01/2038  | 175 | 141 |
| 3.625% due 02/01/2031  | 3500 | 3299 |
| 5.150% due 05/01/2030  | 8000 | 8149 |
| 5.705% due 05/01/2040  | 21000 | 20761 |
| 5.805% due 05/01/2050  | 46400 | 44540 |
| 5.930% due 05/01/2060  | 30000 | 28543 |
| 6.259% due 05/01/2027  | 2400 | 2470 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 6.298% due 05/01/2029  | 24823 | 26250 |
| **Booz Allen Hamilton, Inc.**  |  |  |
| 3.875% due 09/01/2028  | 600 | 582 |
| 5.950% due 08/04/2033  | 7606 | 7817 |
| **Boston Scientific Corp.** <br>2.650% due 06/01/2030 | 25600 | 23709 |
| **British Airways Pass-Through Trust**  |  |  |
| 3.300% due 06/15/2034  | 7713 | 7183 |
| 4.250% due 05/15/2034  | 1201 | 1154 |
| **Broadcom, Inc.**  |  |  |
| 2.450% due 02/15/2031  | 21400 | 19142 |
| 2.600% due 02/15/2033  | 3800 | 3252 |
| 3.137% due 11/15/2035  | 22839 | 19272 |
| 3.187% due 11/15/2036  | 24922 | 20670 |
| 3.469% due 04/15/2034  | 4000 | 3575 |
| 4.926% due 05/15/2037  | 37864 | 36768 |
| **CAB SELAS** <br>3.375% due 02/01/2028 (o) | 1102 | 1237 |
| **Cameron LNG LLC**  |  |  |
| 3.302% due 01/15/2035  | $4300 | 3688 |
| 3.402% due 01/15/2038  | 10600 | 9058 |
| **Canadian Natural Resources Ltd.**  |  |  |
| 5.000% due 12/15/2029  | 578 | 583 |
| 5.400% due 12/15/2034  | 8000 | 7953 |
| 6.250% due 03/15/2038  | 2800 | 2906 |
| 6.450% due 06/30/2033  | 2101 | 2242 |
| **Canadian Pacific Railway Co.**  |  |  |
| 2.450% due 12/02/2031  | 15000 | 13175 |
| 4.950% due 08/15/2045  | 1631 | 1487 |
| 6.125% due 12/31/2099  | 10000 | 10201 |
| **Carnival Corp.**  |  |  |
| 4.000% due 08/01/2028  | 12200 | 11948 |
| 5.750% due 03/15/2030  | 9350 | 9514 |
| **CDW LLC**  |  |  |
| 2.670% due 12/01/2026  | 10100 | 9853 |
| 5.100% due 03/01/2030  | 6000 | 6047 |
| **Centene Corp.**  |  |  |
| 2.450% due 07/15/2028  | 3500 | 3253 |
| 2.500% due 03/01/2031  | 13535 | 11662 |
| 2.625% due 08/01/2031  | 17620 | 15109 |
| 3.000% due 10/15/2030  | 10819 | 9674 |
| 3.375% due 02/15/2030  | 900 | 830 |
| 4.625% due 12/15/2029  | 12416 | 12084 |
| **CGI, Inc.** <br>4.950% due 03/14/2030 | 4450 | 4496 |
| **Charter Communications Operating LLC**  |  |  |
| 2.300% due 02/01/2032  | 7662 | 6468 |
| 3.700% due 04/01/2051  | 5000 | 3333 |
| 3.850% due 04/01/2061  | 23000 | 14748 |
| 3.900% due 06/01/2052  | 13500 | 9273 |
| 3.950% due 06/30/2062  | 2200 | 1419 |
| 4.800% due 03/01/2050  | 5400 | 4324 |
| 5.125% due 07/01/2049  | 17200 | 14312 |
| 5.375% due 05/01/2047  | 6985 | 6067 |
| 5.750% due 04/01/2048  | 15890 | 14461 |
| 6.100% due 06/01/2029  | 129 | 135 |
| **Cheniere Corpus Christi Holdings LLC**  |  |  |
| 2.742% due 12/31/2039  | 5200 | 4235 |
| 3.700% due 11/15/2029  | 47274 | 45619 |
| 5.125% due 06/30/2027  | 19335 | 19524 |
| **Cheniere Energy Partners LP**  |  |  |
| 5.550% due 10/30/2035 (b)  | 5000 | 5041 |
| 5.750% due 08/15/2034  | 10000 | 10275 |
| **Choice Hotels International, Inc.**  |  |  |
| 3.700% due 12/01/2029  | 2787 | 2635 |
| 5.850% due 08/01/2034  | 2100 | 2118 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | 1200 | 1227 |
| **Cigna Group** <br>2.375% due 03/15/2031 | 6278 | 5583 |
| **Comcast Corp.** <br>2.800% due 01/15/2051 | 22300 | 13396 |
| **Community Health Systems, Inc.**  |  |  |
| 4.750% due 02/15/2031  | 4900 | 4193 |
| 6.000% due 01/15/2029  | 1200 | 1155 |
| **Constellation Brands, Inc.**  |  |  |
| 3.700% due 12/06/2026  | 1008 | 1000 |
| 4.800% due 01/15/2029  | 1400 | 1415 |
| 4.900% due 05/01/2033  | 2527 | 2505 |
| **Constellation Pharmaceutical, Inc.** <br>5.550% due 07/01/2033 «(m) | 5004 | 5080 |
| **Coterra Energy, Inc.** <br>5.600% due 03/15/2034 | 2315 | 2336 |
| **Crown Castle Towers LLC** <br>4.241% due 07/15/2048 | 11900 | 11697 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **CSL** **Finance PLC** <br>4.050% due 04/27/2029 | 4500 | 4463 |
| **CVS Health Corp.**  |  |  |
| 3.000% due 08/15/2026  | 375 | 369 |
| 5.000% due 01/30/2029  | 18400 | 18684 |
| 5.700% due 06/01/2034  | 1300 | 1339 |
| 6.000% due 06/01/2044  | 1600 | 1583 |
| 6.050% due 06/01/2054  | 5400 | 5296 |
| **CVS Pass-Through Trust**  |  |  |
| 4.163% due 08/11/2036  | 263 | 244 |
| 5.789% due 01/10/2026  | 6 | 6 |
| 5.926% due 01/10/2034  | 273 | 276 |
| 6.036% due 12/10/2028  | 2217 | 2249 |
| 8.353% due 07/10/2031  | 234 | 254 |
| **DAE Funding LLC** <br>3.375% due 03/20/2028 | 6300 | 6067 |
| **Dell International LLC**  |  |  |
| 4.900% due 10/01/2026  | 6050 | 6079 |
| 6.020% due 06/15/2026  | 5942 | 5999 |
| **Delta Air Lines, Inc.**  |  |  |
| 3.750% due 10/28/2029  | 2500 | 2391 |
| 7.375% due 01/15/2026  | 33801 | 34297 |
| **Diamondback Energy, Inc.**  |  |  |
| 5.400% due 04/18/2034  | 7900 | 7927 |
| 5.750% due 04/18/2054  | 8300 | 7712 |
| **DISH DBS Corp.** <br>5.250% due 12/01/2026 | 750 | 682 |
| **DT Midstream, Inc.** <br>5.800% due 12/15/2034 | 2400 | 2446 |
| **Eastern Gas Transmission & Storage, Inc.**  |  |  |
| 3.000% due 11/15/2029  | 3250 | 3071 |
| 3.900% due 11/15/2049  | 3700 | 2671 |
| **Edwards Lifesciences Corp.** <br>4.300% due 06/15/2028 | 6700 | 6692 |
| **Elevance Health, Inc.**  |  |  |
| 2.550% due 03/15/2031  | 2000 | 1796 |
| 3.650% due 12/01/2027  | 8806 | 8704 |
| 4.950% due 11/01/2031  | 1600 | 1623 |
| 5.200% due 02/15/2035  | 4200 | 4246 |
| 5.700% due 02/15/2055  | 3300 | 3200 |
| **Eli Lilly & Co.** <br>4.600% due 08/14/2034 | 11400 | 11301 |
| **ELO SACA** <br>4.875% due 12/08/2028 | 6000 | 6421 |
| **Embraer Netherlands Finance BV** <br>5.980% due 02/11/2035 | $1000 | 1031 |
| **Enbridge, Inc.**  |  |  |
| 2.500% due 08/01/2033  | 14800 | 12305 |
| 4.250% due 12/01/2026  | 3300 | 3295 |
| 5.625% due 04/05/2034  | 4500 | 4626 |
| 5.700% due 03/08/2033  | 9600 | 9958 |
| **Energy Transfer LP**  |  |  |
| 3.900% due 07/15/2026  | 5861 | 5824 |
| 4.950% due 06/15/2028  | 6200 | 6294 |
| 5.350% due 05/15/2045  | 2600 | 2344 |
| 5.600% due 09/01/2034  | 7500 | 7621 |
| 5.700% due 04/01/2035  | 7900 | 8050 |
| 5.750% due 02/15/2033  | 4600 | 4777 |
| 5.800% due 06/15/2038  | 6230 | 6257 |
| 5.950% due 05/15/2054  | 9000 | 8569 |
| 6.050% due 09/01/2054  | 18700 | 17990 |
| 6.200% due 04/01/2055  | 4800 | 4729 |
| 6.500% due 02/01/2042  | 3600 | 3734 |
| 6.625% due 10/15/2036  | 206 | 222 |
| 7.500% due 07/01/2038  | 4302 | 4929 |
| **Eni SpA** <br>5.950% due 05/15/2054 | 14200 | 13753 |
| **Entergy Louisiana LLC**  |  |  |
| 3.120% due 09/01/2027  | 4300 | 4207 |
| 5.150% due 09/15/2034  | 9000 | 9058 |
| 5.350% due 03/15/2034  | 3267 | 3353 |
| **Enterprise Products Operating LLC**  |  |  |
| 4.450% due 02/15/2043  | 6890 | 5969 |
| 4.950% due 02/15/2035  | 7900 | 7876 |
| 5.200% due 01/15/2036  | 18600 | 18735 |
| 5.700% due 02/15/2042  | 2002 | 2020 |
| 7.573% due 08/16/2077 ~  | 7651 | 7618 |
| **EQT Corp.**  |  |  |
| 4.500% due 01/15/2029  | 3235 | 3197 |
| 4.750% due 01/15/2031  | 6300 | 6205 |
| 5.750% due 02/01/2034  | 3100 | 3207 |
| **Essent Group Ltd.** <br>6.250% due 07/01/2029 | 6600 | 6839 |
| **Expand Energy Corp.**  |  |  |
| 5.700% due 01/15/2035  | 13900 | 14110 |
| 6.750% due 04/15/2029  | 1261 | 1277 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **FactSet** **Research Systems, Inc.** <br>2.900% due 03/01/2027 | 10000 | 9748 |
| **FirstEnergy Pennsylvania Electric Co.**  |  |  |
| 3.600% due 06/01/2029  | 1020 | 985 |
| 6.150% due 10/01/2038  | 1600 | 1696 |
| **Fiserv, Inc.**  |  |  |
| 3.500% due 07/01/2029  | 3000 | 2891 |
| 4.200% due 10/01/2028  | 4905 | 4880 |
| **Flex Intermediate Holdco LLC** <br>3.363% due 06/30/2031 | 36900 | 32816 |
| **Flex Ltd.**  |  |  |
| 4.875% due 06/15/2029  | 8100 | 8154 |
| 5.250% due 01/15/2032  | 3400 | 3439 |
| **Ford Foundation** <br>2.815% due 06/01/2070 | 1600 | 895 |
| **Fox Corp.** <br>6.500% due 10/13/2033 | 10300 | 11148 |
| **Freeport Minerals Corp.** <br>9.500% due 06/01/2031 | 200 | 245 |
| **Gatwick Funding Ltd.** <br>6.125% due 03/02/2028 | 6200 | 8597 |
| **Global Payments, Inc.**  |  |  |
| 3.200% due 08/15/2029  | $6072 | 5744 |
| 4.875% due 03/17/2031  | 1300 | 1610 |
| **goeasy Ltd.** <br>9.250% due 12/01/2028 | $300 | 318 |
| **Greensaif Pipelines Bidco SARL**  |  |  |
| 5.853% due 02/23/2036  | 1200 | 1215 |
| 6.103% due 08/23/2042  | 8000 | 8012 |
| 6.129% due 02/23/2038  | 1700 | 1754 |
| **Grifols SA** <br>7.500% due 05/01/2030 (m) | 6000 | 7411 |
| **Gulfstream Natural Gas System LLC** <br>4.600% due 09/15/2025 | $2900 | 2898 |
| **Haleon U.S. Capital LLC**  |  |  |
| 3.375% due 03/24/2027  | 4802 | 4734 |
| 3.375% due 03/24/2029  | 1700 | 1644 |
| **HCA, Inc.**  |  |  |
| 3.500% due 09/01/2030  | 5000 | 4730 |
| 3.500% due 07/15/2051  | 4500 | 2984 |
| 3.625% due 03/15/2032  | 2700 | 2492 |
| 4.125% due 06/15/2029  | 6800 | 6683 |
| 4.625% due 03/15/2052  | 2400 | 1930 |
| 5.125% due 06/15/2039  | 1000 | 941 |
| 5.450% due 09/15/2034  | 1100 | 1110 |
| 5.500% due 06/01/2033  | 19000 | 19461 |
| 5.625% due 09/01/2028  | 11500 | 11842 |
| 5.750% due 03/01/2035  | 16406 | 16880 |
| 5.875% due 02/01/2029  | 1500 | 1557 |
| 5.900% due 06/01/2053  | 5200 | 5025 |
| 5.950% due 09/15/2054  | 8000 | 7781 |
| **Heathrow Finance PLC** <br>4.125% due 09/01/2029 | 3200 | 4050 |
| **HEICO Corp.**  |  |  |
| 5.250% due 08/01/2028  | $2000 | 2053 |
| 5.350% due 08/01/2033  | 1900 | 1946 |
| **Hess Corp.** <br>7.875% due 10/01/2029 | 3600 | 4058 |
| **Humana, Inc.** <br>5.375% due 04/15/2031 | 6000 | 6140 |
| **Hyatt Hotels Corp.**  |  |  |
| 5.050% due 03/30/2028  | 3000 | 3033 |
| 5.375% due 12/15/2031  | 4700 | 4768 |
| **Hyundai Capital America**  |  |  |
| 1.500% due 06/15/2026  | 11500 | 11168 |
| 2.000% due 06/15/2028  | 15200 | 14072 |
| 4.850% due 03/25/2027  | 4000 | 4019 |
| 5.509% due 08/04/2025 •  | 13000 | 13006 |
| 6.000% due 07/11/2025  | 200 | 200 |
| **Illumina, Inc.**  |  |  |
| 2.550% due 03/23/2031  | 1000 | 880 |
| 4.650% due 09/09/2026  | 1300 | 1302 |
| 5.750% due 12/13/2027  | 395 | 405 |
| **Imperial Brands Finance Netherlands BV** <br>5.250% due 02/15/2031 | 1000 | 1276 |
| **Imperial Brands Finance PLC** <br>6.125% due 07/27/2027 | $6000 | 6196 |
| **Infor LLC** <br>1.750% due 07/15/2025 | 8900 | 8888 |
| **Integris Baptist Medical Center, Inc.** <br>3.875% due 08/15/2050 | 6500 | 4635 |
| **IRB Infrastructure Developers Ltd.** <br>7.110% due 03/11/2032 | 3000 | 3011 |
| **Jabil, Inc.** <br>5.450% due 02/01/2029 | 2200 | 2258 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **JDE** **Peet's NV** <br>4.500% due 01/23/2034 | 3700 | 4565 |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 | $19000 | 18497 |
| **JetBlue Pass-Through Trust** <br>2.750% due 11/15/2033 | 6073 | 5329 |
| **Kinder Morgan Energy Partners LP**  |  |  |
| 7.300% due 08/15/2033  | 5726 | 6459 |
| 7.400% due 03/15/2031  | 500 | 562 |
| 7.500% due 11/15/2040  | 5500 | 6302 |
| **Kinder Morgan, Inc.**  |  |  |
| 3.600% due 02/15/2051  | 2000 | 1379 |
| 5.200% due 06/01/2033  | 6900 | 6936 |
| 5.300% due 12/01/2034  | 1000 | 999 |
| 7.750% due 01/15/2032  | 16050 | 18538 |
| **Kodiak Gas Services LLC** <br>7.250% due 02/15/2029 | 800 | 828 |
| **Kraft Heinz Foods Co.**  |  |  |
| 5.000% due 06/04/2042  | 2400 | 2167 |
| 6.500% due 02/09/2040  | 1258 | 1346 |
| 6.875% due 01/26/2039  | 13500 | 14943 |
| 7.125% due 08/01/2039  | 7120 | 8029 |
| **Las Vegas Sands Corp.**  |  |  |
| 3.900% due 08/08/2029  | 4050 | 3859 |
| 6.000% due 08/15/2029  | 57275 | 58892 |
| 6.200% due 08/15/2034  | 24685 | 25231 |
| **Leidos, Inc.**  |  |  |
| 2.300% due 02/15/2031  | 16750 | 14664 |
| 4.375% due 05/15/2030  | 4100 | 4042 |
| **Liberty Utilities Finance GP 1** <br>2.050% due 09/15/2030 | 7000 | 6150 |
| **Live Nation Entertainment, Inc.** <br>3.750% due 01/15/2028 | 10091 | 9790 |
| **Lockheed Martin Corp.**  |  |  |
| 4.300% due 06/15/2062  | 17000 | 13438 |
| 4.800% due 08/15/2034  | 8516 | 8493 |
| **Marathon Petroleum Corp.** <br>5.150% due 03/01/2030 | 3550 | 3619 |
| **Marriott International, Inc.**  |  |  |
| 3.500% due 10/15/2032  | 9700 | 8823 |
| 4.500% due 10/01/2034  | 6099 | 5876 |
| 4.625% due 06/15/2030  | 6100 | 6117 |
| **Mars, Inc.**  |  |  |
| 5.200% due 03/01/2035  | 4300 | 4354 |
| 5.650% due 05/01/2045  | 8300 | 8325 |
| 5.700% due 05/01/2055  | 1500 | 1497 |
| **Martin Marietta Materials, Inc.** <br>2.400% due 07/15/2031 | 3911 | 3451 |
| **Marvell Technology, Inc.**  |  |  |
| 1.650% due 04/15/2026  | 7676 | 7503 |
| 4.875% due 06/22/2028  | 100 | 101 |
| **Massachusetts Institute of Technology** <br>4.678% due 12/31/2099 | 150 | 125 |
| **McDonald's Corp.**  |  |  |
| 2.625% due 09/01/2029  | 4350 | 4085 |
| 3.800% due 04/01/2028  | 225 | 223 |
| **MDC Holdings, Inc.** <br>3.966% due 08/06/2061 | 200 | 146 |
| **Meta Platforms, Inc.**  |  |  |
| 4.750% due 08/15/2034  | 6000 | 6030 |
| 5.550% due 08/15/2064  | 8500 | 8314 |
| 5.600% due 05/15/2053  | 6500 | 6504 |
| **Micron Technology, Inc.**  |  |  |
| 5.300% due 01/15/2031  | 2100 | 2151 |
| 5.327% due 02/06/2029  | 6400 | 6553 |
| **Mitchells & Butlers Finance PLC** <br>4.808% (BP0003M + 0.450%) due 12/15/2030 ~ | 386 | 525 |
| **Motorola Solutions, Inc.** <br>4.600% due 05/23/2029 | $1750 | 1759 |
| **MPLX LP**  |  |  |
| 4.900% due 04/15/2058  | 2600 | 2088 |
| 4.950% due 03/14/2052  | 4100 | 3398 |
| 5.400% due 04/01/2035  | 21500 | 21354 |
| **MSCI, Inc.**  |  |  |
| 3.250% due 08/15/2033  | 10400 | 9121 |
| 3.875% due 02/15/2031  | 1500 | 1415 |
| **National Football League**  |  |  |
| 5.250% due 10/05/2034 « | 19400 | 19476 |
| 5.420% due 10/05/2037 « | 6900 | 6935 |
| **National Grid Electricity Transmission PLC** <br>2.000% due 04/17/2040 | 1400 | 1204 |
| **Netflix, Inc.**  |  |  |
| 3.875% due 11/15/2029  | 11800 | 14531 |
| 4.875% due 06/15/2030  | $900 | 921 |
| **Newcastle Coal Infrastructure Group Pty. Ltd.** <br>4.400% due 09/29/2027 | 2041 | 2017 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Nissan** **Motor Co. Ltd.**  |  |  |
| 3.522% due 09/17/2025  | 4900 | 4873 |
| 4.345% due 09/17/2027  | 12410 | 11922 |
| **Norfolk Southern Corp.**  |  |  |
| 4.100% due 05/15/2121  | 4200 | 2912 |
| 5.950% due 03/15/2064  | 900 | 927 |
| **Northrop Grumman Corp.** <br>7.750% due 03/15/2026 | 102 | 104 |
| **NVR, Inc.** <br>3.000% due 05/15/2030 | 35314 | 32907 |
| **NXP BV**  |  |  |
| 3.875% due 06/18/2026  | 6700 | 6663 |
| 5.350% due 03/01/2026  | 4800 | 4823 |
| **Occidental Petroleum Corp.**  |  |  |
| 5.550% due 10/01/2034  | 1200 | 1178 |
| 6.050% due 10/01/2054  | 8200 | 7522 |
| 6.200% due 03/15/2040  | 3260 | 3193 |
| 8.875% due 07/15/2030  | 17067 | 19515 |
| **ONEOK Partners LP**  |  |  |
| 6.125% due 02/01/2041  | 1700 | 1695 |
| 6.200% due 09/15/2043  | 3450 | 3437 |
| **Oracle Corp.**  |  |  |
| 2.300% due 03/25/2028  | 3200 | 3038 |
| 2.875% due 03/25/2031  | 14900 | 13595 |
| 3.950% due 03/25/2051  | 5300 | 3915 |
| 4.000% due 07/15/2046  | 11000 | 8491 |
| 4.000% due 11/15/2047  | 3700 | 2835 |
| 4.100% due 03/25/2061  | 16600 | 12012 |
| 4.900% due 02/06/2033  | 4300 | 4313 |
| 5.500% due 08/03/2035  | 24100 | 24645 |
| 5.500% due 09/27/2064  | 21900 | 19963 |
| 6.000% due 08/03/2055  | 7300 | 7294 |
| **Paramount Global**  |  |  |
| 3.700% due 06/01/2028  | 4100 | 3981 |
| 6.875% due 04/30/2036  | 9000 | 9222 |
| **Permian Resources Operating LLC** <br>6.250% due 02/01/2033 | 5600 | 5656 |
| **Petroleos Mexicanos**  |  |  |
| 5.350% due 02/12/2028  | 6200 | 5957 |
| 6.700% due 02/16/2032  | 12251 | 11393 |
| **Philip Morris International, Inc.**  |  |  |
| 5.250% due 02/13/2034  | 7900 | 8062 |
| 5.375% due 02/15/2033  | 6000 | 6199 |
| 5.625% due 11/17/2029  | 3100 | 3256 |
| 5.750% due 11/17/2032  | 11500 | 12163 |
| **Pioneer Natural Resources Co.** <br>7.200% due 01/15/2028 | 4497 | 4822 |
| **Plains All American Pipeline LP** <br>5.950% due 06/15/2035 | 4100 | 4217 |
| **QatarEnergy LNG S3** <br>5.838% due 09/30/2027 | 376 | 382 |
| **Quanta Services, Inc.** <br>2.350% due 01/15/2032 | 4600 | 3963 |
| **Regeneron Pharmaceuticals, Inc.** <br>1.750% due 09/15/2030 | 1800 | 1564 |
| **RELX Capital, Inc.** <br>4.750% due 03/27/2030 | 100 | 101 |
| **Renesas Electronics Corp.** <br>2.170% due 11/25/2026 | 3200 | 3096 |
| **Revvity, Inc.** <br>3.300% due 09/15/2029 | 300 | 284 |
| **Royal Caribbean Cruises Ltd.**  |  |  |
| 3.700% due 03/15/2028  | 6700 | 6529 |
| 5.500% due 04/01/2028  | 15200 | 15399 |
| 5.625% due 09/30/2031  | 3700 | 3725 |
| **Royalty Pharma PLC** <br>1.750% due 09/02/2027 | 9450 | 8952 |
| **RTX Corp.**  |  |  |
| 4.125% due 11/16/2028  | 600 | 598 |
| 5.375% due 02/27/2053  | 13300 | 12742 |
| 6.100% due 03/15/2034  | 15900 | 17197 |
| 6.400% due 03/15/2054  | 4200 | 4608 |
| 7.200% due 08/15/2027  | 125 | 133 |
| **S&P Global, Inc.** <br>4.250% due 05/01/2029 | 5542 | 5541 |
| **Sabine Pass Liquefaction LLC**  |  |  |
| 4.500% due 05/15/2030  | 6500 | 6492 |
| 5.875% due 06/30/2026  | 9007 | 9057 |
| **Santos Finance Ltd.**  |  |  |
| 3.649% due 04/29/2031  | 20000 | 18631 |
| 5.250% due 03/13/2029  | 5000 | 5048 |
| 6.875% due 09/19/2033  | 17900 | 19557 |
| **Saudi Arabian Oil Co.**  |  |  |
| 2.250% due 11/24/2030  | 1000 | 889 |
| 5.250% due 07/17/2034  | 2400 | 2427 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Seadrill** **Finance Ltd.** <br>8.375% due 08/01/2030 | 400 | 408 |
| **Sherwin-Williams Co.** <br>3.450% due 08/01/2025 | 200 | 200 |
| **South Bow USA Infrastructure Holdings LLC** <br>5.584% due 10/01/2034 | 6517 | 6452 |
| **Southern Co.** <br>4.850% due 03/15/2035 | 17500 | 17120 |
| **Spirit AeroSystems, Inc.**  |  |  |
| 3.850% due 06/15/2026  | 3800 | 3724 |
| 4.600% due 06/15/2028  | 16831 | 16557 |
| 9.750% due 11/15/2030  | 2500 | 2760 |
| **Spirit Airlines Pass-Through Trust**  |  |  |
| 3.375% due 08/15/2031  | 250 | 222 |
| 3.650% due 08/15/2031  | 812 | 705 |
| 4.100% due 10/01/2029  | 2030 | 1866 |
| **Starbucks Corp.** <br>4.800% due 05/15/2030 | 1700 | 1722 |
| **Stonepeak Nile Parent LLC** <br>7.250% due 03/15/2032 | 100 | 106 |
| **Stryker Corp.**  |  |  |
| 1.950% due 06/15/2030  | 20594 | 18378 |
| 4.250% due 09/11/2029  | 630 | 629 |
| 4.625% due 09/11/2034  | 9300 | 9160 |
| 4.850% due 12/08/2028  | 8000 | 8159 |
| 4.850% due 02/10/2030  | 10000 | 10206 |
| 5.200% due 02/10/2035  | 1600 | 1631 |
| **Synopsys, Inc.**  |  |  |
| 4.550% due 04/01/2027  | 11500 | 11563 |
| 4.850% due 04/01/2030  | 1400 | 1420 |
| 5.150% due 04/01/2035  | 10000 | 10083 |
| **Synthos SA** <br>2.500% due 06/07/2028 (o) | 5760 | 6413 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.050% due 02/15/2028  | $10500 | 9927 |
| 2.550% due 02/15/2031  | 16800 | 15048 |
| 2.625% due 02/15/2029  | 600 | 563 |
| 3.000% due 02/15/2041  | 32700 | 23944 |
| 3.300% due 02/15/2051  | 40000 | 26572 |
| 3.400% due 10/15/2052  | 4600 | 3076 |
| 3.600% due 11/15/2060  | 5700 | 3804 |
| 3.875% due 04/15/2030  | 28342 | 27535 |
| 5.050% due 07/15/2033  | 2000 | 2014 |
| 5.250% due 06/15/2055  | 20500 | 18735 |
| 5.650% due 01/15/2053  | 4800 | 4647 |
| 5.750% due 01/15/2054  | 5200 | 5098 |
| 5.800% due 09/15/2062  | 2400 | 2353 |
| **Take-Two Interactive Software, Inc.** <br>3.700% due 04/14/2027 | 3600 | 3566 |
| **Tapestry, Inc.**  |  |  |
| 5.100% due 03/11/2030  | 6500 | 6588 |
| 5.500% due 03/11/2035  | 7100 | 7131 |
| **Targa Resources Corp.**  |  |  |
| 4.200% due 02/01/2033  | 4000 | 3750 |
| 4.950% due 04/15/2052  | 8000 | 6682 |
| 6.150% due 03/01/2029  | 8300 | 8731 |
| **TCI Communications, Inc.** <br>7.875% due 02/15/2026 | 600 | 612 |
| **TD SYNNEX Corp.**  |  |  |
| 2.375% due 08/09/2028  | 14300 | 13398 |
| 2.650% due 08/09/2031  | 8700 | 7513 |
| **TDF Infrastructure SASU** <br>1.750% due 12/01/2029 | 1600 | 1771 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 999 | 1510 |
| **Thames Water Utilities Finance PLC**  |  |  |
| 4.375% due 01/18/2033  | 20117 | 15509 |
| 5.500% due 02/11/2043  | 1000 | 913 |
| 6.500% due 02/09/2034  | 200 | 185 |
| **Thames Water Utilities Ltd.** <br>0.000% due 03/22/2027 (g) | 136 | 158 |
| **Time Warner Cable LLC** <br>4.500% due 09/15/2042 | $4000 | 3188 |
| **Times Square Hotel Trust** <br>8.528% due 08/01/2026 | 107 | 107 |
| **Transcontinental Gas Pipe Line Co. LLC**  |  |  |
| 3.250% due 05/15/2030  | 2900 | 2737 |
| 7.850% due 02/01/2026  | 12066 | 12191 |
| **Transurban Finance Co. Pty. Ltd.** <br>2.450% due 03/16/2031 | 7350 | 6530 |
| **Turkish Airlines Pass-Through Trust** <br>4.200% due 09/15/2028 | 1219 | 1180 |
| **Unigel Luxembourg SA (11.000% Cash or 12.000% PIK)** <br>11.000% due 12/31/2028 ^(c)(d) | 3061 | 856 |
| **Unigel Luxembourg SA (13.500% Cash or 15.000% PIK)** <br>13.500% due 12/31/2027 (c) | 1449 | 1166 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **United** **Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 757 | 678 |
| 2.875% due 04/07/2030  | 13620 | 12879 |
| 3.100% due 01/07/2030  | 879 | 841 |
| 3.100% due 04/07/2030  | 3180 | 2969 |
| 3.450% due 01/07/2030  | 2538 | 2428 |
| 3.500% due 09/01/2031  | 1150 | 1085 |
| 3.700% due 09/01/2031  | 2517 | 2351 |
| 4.150% due 02/25/2033  | 7891 | 7576 |
| 5.450% due 08/15/2038  | 10111 | 10239 |
| 5.875% due 04/15/2029  | 12760 | 13031 |
| **UnitedHealth Group, Inc.**  |  |  |
| 2.900% due 05/15/2050  | 5500 | 3426 |
| 4.950% due 01/15/2032  | 10093 | 10226 |
| 5.150% due 07/15/2034  | 15200 | 15361 |
| 5.200% due 04/15/2063  | 23860 | 21281 |
| 5.500% due 07/15/2044  | 11000 | 10721 |
| 5.625% due 07/15/2054  | 5000 | 4854 |
| 5.750% due 07/15/2064  | 5000 | 4867 |
| 5.875% due 02/15/2053  | 2500 | 2506 |
| **Vale Overseas Ltd.** <br>6.400% due 06/28/2054 | 4100 | 4033 |
| **Var Energi ASA**  |  |  |
| 5.500% due 05/04/2029  | 500 | 632 |
| 8.000% due 11/15/2032  | $6200 | 7033 |
| **Venture Global Calcasieu Pass LLC**  |  |  |
| 3.875% due 08/15/2029  | 17500 | 16511 |
| 3.875% due 11/01/2033  | 11000 | 9628 |
| 4.125% due 08/15/2031  | 13000 | 12042 |
| 6.250% due 01/15/2030  | 8950 | 9237 |
| **Venture Global LNG, Inc.**  |  |  |
| 7.000% due 01/15/2030  | 11825 | 11964 |
| 8.375% due 06/01/2031  | 2500 | 2598 |
| **VeriSign, Inc.** <br>2.700% due 06/15/2031 | 1706 | 1530 |
| **Virgin Media Secured Finance PLC**  |  |  |
| 4.250% due 01/15/2030  | 5800 | 7302 |
| 5.250% due 05/15/2029  | 1000 | 1328 |
| **Vmed O2 U.K. Financing PLC** <br>4.250% due 01/31/2031 | $6200 | 5684 |
| **VMware LLC**  |  |  |
| 2.200% due 08/15/2031  | 3300 | 2865 |
| 3.900% due 08/21/2027  | 13435 | 13322 |
| 4.650% due 05/15/2027  | 6438 | 6478 |
| 4.700% due 05/15/2030  | 24482 | 24588 |
| **VOC Escrow Ltd.** <br>5.000% due 02/15/2028 | 6000 | 5973 |
| **Vulcan Materials Co.** <br>4.950% due 12/01/2029 | 105 | 107 |
| **Walt Disney Co.** <br>7.700% due 10/30/2025 | 153 | 154 |
| **Warnermedia Holdings, Inc.** <br>5.141% due 03/15/2052 | 392 | 244 |
| **Weir Group, Inc.** <br>5.350% due 05/06/2030 | 5300 | 5376 |
| **Western Midstream Operating LP** <br>5.450% due 11/15/2034 | 9900 | 9711 |
| **Westinghouse Air Brake Technologies Corp.** <br>4.700% due 09/15/2028 | 15933 | 16029 |
| **Weyerhaeuser Co.** <br>7.700% due 02/15/2026 | 7658 | 7799 |
| **Whistler Pipeline LLC** <br>5.700% due 09/30/2031 | 2932 | 2991 |
| **Williams Cos., Inc.**  |  |  |
| 5.150% due 03/15/2034  | 1400 | 1398 |
| 5.600% due 03/15/2035  | 19400 | 19952 |
| **Woodside Finance Ltd.**  |  |  |
| 3.700% due 09/15/2026  | 11375 | 11262 |
| 3.700% due 03/15/2028  | 6100 | 5955 |
| 4.500% due 03/04/2029  | 2300 | 2272 |
| 5.100% due 09/12/2034  | 5400 | 5232 |
| 5.400% due 05/19/2030  | 12100 | 12277 |
| 5.700% due 09/12/2054  | 5000 | 4521 |
| **Wynn Resorts Finance LLC** <br>6.250% due 03/15/2033 | 9400 | 9466 |
| **Yellowstone Energy LP** <br>5.750% due 12/31/2026 | 959 | 947 |
| **Yorkshire Water Finance PLC** <br>1.750% due 10/27/2032 | 7200 | 7660 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Zoetis** **, Inc.** <br>2.000% due 05/15/2030 | $7000 | 6294 |
|  |  | 3432855 |
| **UTILITIES 8.7%**  |  |  |
| **AEP Texas, Inc.** <br>6.650% due 02/15/2033 | 2425 | 2629 |
| **AES Corp.**  |  |  |
| 2.450% due 01/15/2031  | 3100 | 2712 |
| 3.950% due 07/15/2030  | 5200 | 4947 |
| 5.450% due 06/01/2028  | 2400 | 2453 |
| 5.800% due 03/15/2032  | 7700 | 7822 |
| 6.950% due 07/15/2055 •  | 2700 | 2641 |
| 7.600% due 01/15/2055 •  | 12550 | 12953 |
| **Alliant Energy Finance LLC** <br>3.600% due 03/01/2032 | 1500 | 1360 |
| **American Electric Power Co., Inc.**  |  |  |
| 3.875% due 02/15/2062 •  | 6200 | 5964 |
| 5.200% due 01/15/2029  | 2800 | 2873 |
| **Anglian Water Services Financing PLC** <br>6.000% due 06/20/2039 | 1400 | 1882 |
| **Appalachian Power Co.** <br>3.700% due 05/01/2050 | $3000 | 2123 |
| **Arizona Public Service Co.**  |  |  |
| 2.650% due 09/15/2050  | 8900 | 5265 |
| 3.350% due 05/15/2050  | 3750 | 2546 |
| 5.500% due 09/01/2035  | 4300 | 4307 |
| **AT&T, Inc.**  |  |  |
| 2.750% due 06/01/2031  | 16200 | 14693 |
| 3.500% due 06/01/2041  | 36300 | 28497 |
| 3.550% due 09/15/2055  | 23160 | 15640 |
| 3.650% due 06/01/2051  | 25700 | 18275 |
| 3.650% due 09/15/2059  | 30575 | 20529 |
| 3.850% due 06/01/2060  | 25750 | 18020 |
| **Atlantic City Electric Co.** <br>4.000% due 10/15/2028 | 4600 | 4581 |
| **Berkshire Hathaway Energy Co.** <br>4.450% due 01/15/2049 | 1850 | 1531 |
| **Black Hills Corp.**  |  |  |
| 2.500% due 06/15/2030  | 10400 | 9363 |
| 3.875% due 10/15/2049  | 5500 | 3998 |
| 6.000% due 01/15/2035  | 11850 | 12299 |
| 6.150% due 05/15/2034  | 4200 | 4410 |
| **Capital Power U.S. Holdings, Inc.** <br>6.189% due 06/01/2035 | 4000 | 4130 |
| **CenterPoint Energy Houston Electric LLC** <br>5.050% due 03/01/2035 | 6600 | 6597 |
| **Clearway Energy Operating LLC** <br>3.750% due 02/15/2031 | 3500 | 3216 |
| **Cleveland Electric Illuminating Co.** <br>3.500% due 04/01/2028 | 4200 | 4087 |
| **Columbia Pipelines Holding Co. LLC**  |  |  |
| 6.042% due 08/15/2028  | 4000 | 4166 |
| 6.055% due 08/15/2026  | 2000 | 2025 |
| **Columbia Pipelines Operating Co. LLC** <br>6.036% due 11/15/2033 | 3000 | 3150 |
| **Constellation Energy Generation LLC**  |  |  |
| 5.750% due 10/01/2041  | 2579 | 2582 |
| 6.500% due 10/01/2053  | 3590 | 3858 |
| **Dominion Energy, Inc.** <br>2.250% due 08/15/2031 | 3500 | 3062 |
| **DTE Energy Co.**  |  |  |
| 2.950% due 03/01/2030  | 2441 | 2280 |
| 3.400% due 06/15/2029  | 2387 | 2291 |
| 5.100% due 03/01/2029  | 5700 | 5814 |
| **Duke Energy Carolinas LLC**  |  |  |
| 2.450% due 08/15/2029  | 12300 | 11478 |
| 6.050% due 04/15/2038  | 1227 | 1317 |
| **Duke Energy Progress LLC** <br>5.050% due 03/15/2035 | 7600 | 7636 |
| **Duquesne Light Holdings, Inc.** <br>3.616% due 08/01/2027 | 15400 | 14933 |
| **Edison International**  |  |  |
| 5.450% due 06/15/2029  | 1700 | 1682 |
| 5.750% due 06/15/2027  | 10020 | 10092 |
| 6.250% due 03/15/2030  | 3100 | 3150 |
| 8.125% due 06/15/2053 •(o)  | 4400 | 4261 |
| **Electricite de France SA**  |  |  |
| 4.500% due 09/21/2028  | 1000 | 999 |
| 9.125% due 03/15/2033 •(j)  | 3900 | 4409 |
| **Emera U.S. Finance LP** <br>4.750% due 06/15/2046 | 6300 | 5245 |
| **Empresa Electrica Cochrane SpA** <br>5.500% due 05/14/2027 | 714 | 706 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Enel** **Finance America LLC** <br>2.875% due 07/12/2041 | 2581 | 1760 |
| **Enel Finance International NV**  |  |  |
| 2.125% due 07/12/2028  | 8000 | 7471 |
| 2.500% due 07/12/2031  | 10100 | 8864 |
| **Entergy Corp.**  |  |  |
| 1.900% due 06/15/2028  | 5900 | 5520 |
| 3.750% due 06/15/2050  | 1000 | 716 |
| **Entergy Texas, Inc.**  |  |  |
| 5.250% due 04/15/2035  | 4200 | 4236 |
| 5.550% due 09/15/2054  | 2775 | 2651 |
| 5.800% due 09/01/2053  | 800 | 790 |
| **EP Infrastructure AS** <br>1.816% due 03/02/2031 | 2200 | 2323 |
| **EPH Financing International AS**  |  |  |
| 5.875% due 11/30/2029  | 4900 | 6175 |
| 6.651% due 11/13/2028  | 3900 | 4989 |
| **Evergy Metro, Inc.** <br>2.250% due 06/01/2030 | $400 | 361 |
| **Eversource Energy** <br>5.500% due 01/01/2034 | 1100 | 1121 |
| **Fells Point Funding Trust** <br>3.046% due 01/31/2027 | 11500 | 11255 |
| **FirstEnergy Transmission LLC** <br>5.000% due 01/15/2035 | 5500 | 5445 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 1905 | 1812 |
| **Gazprom PJSC Via Gaz Finance PLC** <br>2.950% due 01/27/2029 | 18600 | 13299 |
| **Georgia Power Co.**  |  |  |
| 3.250% due 03/15/2051  | 3200 | 2197 |
| 3.700% due 01/30/2050  | 4200 | 3137 |
| **Interstate Power & Light Co.** <br>4.950% due 09/30/2034 | 2500 | 2452 |
| **IPALCO Enterprises, Inc.**  |  |  |
| 4.250% due 05/01/2030  | 1379 | 1325 |
| 5.750% due 04/01/2034  | 5700 | 5736 |
| **Jersey Central Power & Light Co.** <br>4.300% due 01/15/2026 | 7491 | 7477 |
| **Liberty Utilities Co.** <br>5.577% due 01/31/2029 | 4200 | 4323 |
| **Mid-Atlantic Interstate Transmission LLC** <br>4.100% due 05/15/2028 | 2500 | 2484 |
| **MidAmerican Energy Co.**  |  |  |
| 3.150% due 04/15/2050  | 500 | 338 |
| 4.250% due 05/01/2046  | 1800 | 1494 |
| 5.300% due 02/01/2055  | 3800 | 3620 |
| 5.350% due 01/15/2034  | 2100 | 2177 |
| **Midwest Connector Capital Co. LLC** <br>4.625% due 04/01/2029 | 3155 | 3129 |
| **Mississippi Power Co.** <br>3.950% due 03/30/2028 | 14645 | 14594 |
| **Narragansett Electric Co.** <br>5.350% due 05/01/2034 | 4200 | 4264 |
| **National Grid PLC**  |  |  |
| 5.602% due 06/12/2028  | 6000 | 6215 |
| 5.809% due 06/12/2033  | 5500 | 5784 |
| **Nevada Power Co.** <br>5.450% due 05/15/2041 | 4059 | 4018 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 3.830% due 06/12/2030  | 10200 | 7555 |
| 4.670% due 06/12/2035  | 16700 | 12442 |
| 4.800% due 12/01/2077 •  | $4300 | 4129 |
| 6.750% due 06/15/2054 •  | 8000 | 8320 |
| **NRG Energy, Inc.** <br>2.450% due 12/02/2027 | 1000 | 949 |
| **Oi SA (10.000% Cash or 6.000% PIK and 7.500% Cash or 13.500% PIK)** <br>10.000% due 06/30/2027 (c) | 2261 | 1472 |
| **Oi SA (8.500% PIK)** <br>8.500% due 12/31/2028 (c) | 4817 | 325 |
| **ONEOK, Inc.**  |  |  |
| 4.550% due 07/15/2028  | 5671 | 5685 |
| 4.950% due 07/13/2047  | 9972 | 8381 |
| 5.050% due 11/01/2034  | 61400 | 59782 |
| 5.200% due 07/15/2048  | 3985 | 3454 |
| 6.625% due 09/01/2053  | 14300 | 14874 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.500% due 02/01/2031  | 7500 | 6514 |
| 3.000% due 06/15/2028  | 5400 | 5130 |
| 3.150% due 01/01/2026  | 10801 | 10699 |
| 3.250% due 06/01/2031  | 1600 | 1437 |
| 3.300% due 12/01/2027  | 22816 | 22082 |
| 3.300% due 08/01/2040  | 2700 | 1934 |
| 3.450% due 07/01/2025  | 15655 | 15654 |
| 3.500% due 08/01/2050  | 13050 | 8379 |
| 3.750% due 07/01/2028  | 15079 | 14636 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 3.750% due 08/15/2042  | 2600 | 1856 |
| 4.250% due 03/15/2046  | 2100 | 1567 |
| 4.300% due 03/15/2045  | 1932 | 1460 |
| 4.500% due 07/01/2040  | 2800 | 2335 |
| 4.500% due 12/15/2041  | 4300 | 3383 |
| 4.600% due 06/15/2043  | 4900 | 3888 |
| 4.650% due 08/01/2028  | 17000 | 16909 |
| 4.750% due 02/15/2044  | 5700 | 4644 |
| 4.950% due 07/01/2050  | 7865 | 6347 |
| 5.250% due 03/01/2052  | 13600 | 11330 |
| 5.900% due 10/01/2054  | 1087 | 987 |
| 6.000% due 08/15/2035  | 5000 | 5058 |
| **PacifiCorp**  |  |  |
| 2.700% due 09/15/2030  | 1500 | 1372 |
| 2.900% due 06/15/2052  | 6900 | 4091 |
| 5.300% due 02/15/2031  | 6200 | 6389 |
| 5.350% due 12/01/2053  | 5450 | 4905 |
| 5.750% due 04/01/2037  | 8278 | 8432 |
| 5.800% due 01/15/2055  | 5000 | 4790 |
| 7.375% due 09/15/2055 •  | 9000 | 9379 |
| **Piedmont Natural Gas Co., Inc.**  |  |  |
| 3.350% due 06/01/2050  | 4300 | 2881 |
| 3.640% due 11/01/2046  | 1500 | 1097 |
| 5.100% due 02/15/2035  | 5000 | 5032 |
| **Pinnacle West Capital Corp.** <br>5.214% due 06/10/2026 ~ | 12700 | 12722 |
| **Public Service Co. of Oklahoma**  |  |  |
| 2.200% due 08/15/2031  | 1400 | 1214 |
| 3.150% due 08/15/2051  | 1500 | 942 |
| **Rio Oil Finance Trust** <br>9.750% due 01/06/2027 | 3334 | 3452 |
| **San Diego Gas & Electric Co.**  |  |  |
| 1.700% due 10/01/2030  | 12400 | 10798 |
| 4.100% due 06/15/2049  | 9500 | 7321 |
| 5.400% due 04/15/2035  | 5000 | 5108 |
| **SCE Recovery Funding LLC** <br>5.112% due 12/14/2049 | 3700 | 3460 |
| **Sempra**  |  |  |
| 3.400% due 02/01/2028  | 440 | 430 |
| 4.125% due 04/01/2052 •  | 4100 | 3953 |
| 5.500% due 08/01/2033  | 2560 | 2615 |
| 6.400% due 10/01/2054 •  | 1500 | 1428 |
| 6.875% due 10/01/2054 •  | 6100 | 6167 |
| **Southern California Edison Co.**  |  |  |
| 1.200% due 02/01/2026  | 7200 | 7020 |
| 2.500% due 06/01/2031  | 2600 | 2259 |
| 2.750% due 02/01/2032  | 10500 | 9057 |
| 2.950% due 02/01/2051  | 7600 | 4457 |
| 3.450% due 02/01/2052  | 8200 | 5159 |
| 3.650% due 02/01/2050  | 2000 | 1324 |
| 3.900% due 12/01/2041  | 1100 | 831 |
| 3.900% due 03/15/2043  | 6100 | 4508 |
| 4.000% due 04/01/2047  | 14900 | 10715 |
| 4.400% due 09/06/2026  | 1500 | 1498 |
| 4.650% due 10/01/2043  | 600 | 486 |
| 4.875% due 02/01/2027  | 2200 | 2213 |
| 4.875% due 03/01/2049  | 8468 | 6781 |
| 5.250% due 03/15/2030  | 3900 | 3942 |
| 5.300% due 03/01/2028  | 8300 | 8409 |
| 5.450% due 03/01/2035  | 20900 | 20529 |
| 5.850% due 11/01/2027  | 5400 | 5535 |
| 6.650% due 04/01/2029  | 8039 | 8444 |
| **Southern California Gas Co.**  |  |  |
| 2.550% due 02/01/2030  | 2200 | 2022 |
| 5.200% due 06/01/2033  | 10300 | 10447 |
| **Southern Co. Gas Capital Corp.**  |  |  |
| 1.750% due 01/15/2031  | 12000 | 10321 |
| 3.250% due 06/15/2026  | 4217 | 4171 |
| 3.875% due 11/15/2025  | 2300 | 2291 |
| **Southern Power Co.** <br>5.250% due 07/15/2043 | 1000 | 937 |
| **Southwest Gas Corp.** <br>4.050% due 03/15/2032 | 5775 | 5488 |
| **Southwestern Electric Power Co.** <br>3.250% due 11/01/2051 | 115 | 74 |
| **Southwestern Public Service Co.**  |  |  |
| 3.150% due 05/01/2050  | 8200 | 5317 |
| 6.000% due 06/01/2054  | 4000 | 4039 |
| **SPP-Distribucia AS** <br>1.000% due 06/09/2031 | 3600 | 3630 |
| **SW Finance PLC**  |  |  |
| 7.000% due 04/16/2040  | 6600 | 8663 |
| 7.375% due 12/12/2041  | 4800 | 6423 |
| **System Energy Resources, Inc.**  |  |  |
| 5.300% due 12/15/2034  | $10700 | 10580 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Toledo** **Edison Co.** <br>2.650% due 05/01/2028 | 11334 | 10629 |
| **Union Electric Co.** <br>5.200% due 04/01/2034 | 1200 | 1221 |
| **Verizon Communications, Inc.** <br>4.780% due 02/15/2035 | 2812 | 2741 |
| **Vistra Operations Co. LLC**  |  |  |
| 4.300% due 07/15/2029  | 5000 | 4928 |
| 6.000% due 04/15/2034  | 5200 | 5405 |
| 6.950% due 10/15/2033  | 1450 | 1593 |
| **Vodafone Group PLC** <br>5.125% due 06/04/2081 •  | 11100 | 8424 |
| **Xcel Energy, Inc.**  |  |  |
| 3.400% due 06/01/2030  | 240 | 228 |
| 5.450% due 08/15/2033  | 2400 | 2450 |
|  |  | 1077795 |
| Total Corporate Bonds & Notes (Cost $8,869,539) |  | 8560837 |
| **MUNICIPAL BONDS & NOTES 0.2%**  |  |  |
| **ARIZONA 0.1%**  |  |  |
| **Maricopa County, Arizona Industrial Development Authority Revenue Notes, Series 2024** <br>7.375% due 10/01/2029 | 8000 | 8290 |
| **FLORIDA 0.0%**  |  |  |
| **State Board of Administration Finance Corp. Florida Revenue Notes, Series 2024** <br>5.526% due 07/01/2034 | 5000 | 5137 |
| **TEXAS 0.1%**  |  |  |
| **Texas Natural Gas Securitization Finance Corp. Series 2023**  |  |  |
| 5.102% due 04/01/2035  | 9974 | 10207 |
| 5.169% due 04/01/2041  | 7600 | 7683 |
|  |  | 17890 |
| Total Municipal Bonds & Notes (Cost $30,618) |  | 31317 |
| **U.S. GOVERNMENT AGENCIES 10.3%**  |  |  |
| **Freddie Mac**<br>5.992% due 11/25/2055 «~ | 3160 | 2051 |
| **Ginnie Mae**<br>4.952% due 02/20/2074 •  | 2897 | 2893 |
| **Ginnie Mae, TBA**  |  |  |
| 4.000% due 07/01/2055 - 08/01/2055 | 93600 | 87024 |
| 4.500% due 07/01/2055 | 55900 | 53517 |
| 5.000% due 07/01/2055 - 08/01/2055 | 59300 | 58249 |
| 6.000% due 07/01/2055 - 08/01/2055 | 22700 | 23012 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 3.000% due 01/01/2045 | 115 | 103 |
| 3.500% due 07/01/2046 | 1403 | 1293 |
| 4.000% due 08/01/2049 | 178 | 168 |
| 4.500% due 10/01/2052 - 12/01/2053 | 22001 | 21093 |
| 5.500% due 08/01/2054 - 01/01/2055 | 23916 | 23930 |
| 6.500% due 06/01/2054 - 10/01/2054 | 2854 | 2957 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 31030 | 26855 |
| 4.000% due 07/01/2055 - 08/01/2055 | 439280 | 408430 |
| 4.500% due 07/01/2055 - 08/01/2055 | 434295 | 415278 |
| 5.000% due 07/01/2055 - 08/01/2055 | 160800 | 157524 |
| Total U.S. Government Agencies (Cost $1,264,586) |  | 1284377 |
| **U.S. TREASURY OBLIGATIONS 7.1%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.875% due 11/15/2051 | 184438 | 102680 |
| 2.250% due 08/15/2049 (q)(s) | 74500 | 46758 |
| 2.250% due 02/15/2052 (q)(s) | 12600 | 7700 |
| 2.375% due 11/15/2049 | 150000 | 96522 |
| 2.500% due 02/15/2046 (q) | 76025 | 52707 |
| 2.500% due 05/15/2046 (q)(s) | 91308 | 63095 |
| 2.750% due 08/15/2047 | 115600 | 82446 |
| 3.000% due 08/15/2048 (q) | 4700 | 3477 |
| 3.125% due 08/15/2044 (q) | 73675 | 58114 |
| 3.125% due 05/15/2048 (q) | 106300 | 80684 |
| **U.S. Treasury Notes**  |  |  |
| 1.875% due 02/15/2032 (q)(s) | 52941 | 46517 |
| 2.750% due 08/15/2032 (q)(s) | 87293 | 80545 |
| 3.750% due 04/30/2027 (q)(s) | 3500 | 3500 |
| 4.250% due 05/15/2035 | 153500 | 153752 |
| **U.S. Treasury STRIPS**  |  |  |
| 0.000% due 05/15/2042 (a) | 19400 | 8433 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| Total U.S. Treasury Obligations (Cost $981,683) |  | 886930 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.0%**  |  |  |
| **245 Park Avenue Trust** <br>3.508% due 06/05/2037 | 3622 | 3521 |
| **American Home Mortgage Assets Trust** <br>5.339% due 10/25/2046 •  | 1395 | 908 |
| **American Home Mortgage Investment Trust** <br>6.460% due 11/25/2045 •  | 455 | 170 |
| **AOA Mortgage Trust** <br>5.301% due 10/15/2038 •  | 10675 | 10472 |
| **BAMLL Commercial Mortgage Securities Trust**  |  |  |
| 2.627% due 01/15/2032  | 7800 | 6839 |
| 3.109% due 04/25/2050 «  | 28821 | 27744 |
| 3.109% due 08/25/2052 «  | 10000 | 8726 |
| **Banc of America Alternative Loan Trust** <br>5.750% due 11/25/2035 | 158 | 146 |
| **Banc of America Funding Trust**  |  |  |
| 4.564% due 01/25/2037 •  | 4456 | 3818 |
| 4.812% due 10/20/2036 •  | 920 | 710 |
| 4.992% due 06/20/2047 •  | 589 | 486 |
| 5.044% due 06/20/2037 ~  | 1880 | 1676 |
| 5.234% due 05/25/2037 •  | 252 | 216 |
| 5.750% due 01/25/2037  | 1981 | 1687 |
| 6.000% due 03/25/2037  | 907 | 700 |
| 17.299% due 07/25/2047 •  | 706 | 1000 |
| **Banc of America Mortgage Trust** <br>4.073% due 10/25/2035 ~ | 342 | 276 |
| **BCAP LLC Trust**  |  |  |
| 3.805% due 07/26/2036 ~  | 97 | 86 |
| 4.874% due 05/25/2047 •  | 429 | 389 |
| 6.000% due 07/26/2037 ~  | 85 | 77 |
| **Bear Stearns Adjustable Rate Mortgage Trust** <br>4.317% due 06/25/2047 ~ | 1389 | 1224 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.053% due 03/25/2036 ~  | 116 | 95 |
| 4.192% due 08/25/2036 ~  | 808 | 370 |
| 4.754% due 08/25/2036 •  | 355 | 313 |
| 5.174% due 04/25/2035 ~  | 5792 | 5270 |
| **Benchmark Mortgage Trust** <br>2.640% due 09/15/2048 | 2018 | 1980 |
| **BSST Mortgage Trust** <br>5.612% due 02/15/2037 •  | 800 | 722 |
| **BX Trust**  |  |  |
| 5.061% due 04/15/2039 •  | 12255 | 12244 |
| 5.326% due 10/15/2036 •  | 7000 | 6996 |
| **Chase Mortgage Finance Trust** <br>6.000% due 06/25/2037 | 2827 | 1122 |
| **ChaseFlex Trust Multi-Class Mortgage Pass-Through Certificates** <br>5.114% due 08/25/2037 •  | 256 | 241 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.714% due 01/25/2035 •  | 123 | 120 |
| **Citigroup Mortgage Loan Trust** <br>4.770% due 03/25/2037 ~ | 197 | 172 |
| **Countrywide Alternative Loan Resecuritization Trust** <br>6.000% due 08/25/2037 ~ | 746 | 383 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.622% due 09/20/2046 •  | 477 | 490 |
| 4.642% due 09/20/2046 •  | 1171 | 1115 |
| 4.644% due 04/25/2047 •  | 826 | 723 |
| 4.784% due 05/25/2037 •  | 620 | 192 |
| 4.814% due 09/25/2046 •  | 1017 | 988 |
| 5.500% due 07/25/2035  | 761 | 608 |
| 5.500% due 01/25/2036  | 722 | 478 |
| 5.749% due 08/25/2035 •  | 1176 | 1013 |
| 6.000% due 03/25/2036  | 763 | 344 |
| 6.000% due 05/25/2036  | 80 | 36 |
| 6.000% due 06/25/2037  | 1388 | 618 |
| 6.500% due 12/25/2036  | 353 | 151 |
| **Credit Suisse Commercial Mortgage Trust** <br>5.493% due 06/15/2034 •  | 463 | 446 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>5.250% due 09/25/2035 | 4972 | 3886 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust**  |  |  |
| 3.844% due 04/28/2037 ~  | 579 | 534 |
| 3.850% due 09/25/2057 ~  | 453 | 439 |
| 3.943% due 05/27/2037 ~  | 2626 | 1771 |
| 4.000% due 06/26/2037 ~  | 1034 | 1004 |
| **CSAIL Commercial Mortgage Trust** <br>3.718% due 08/15/2048 | 2037 | 2029 |
| **DC Commercial Mortgage Trust** <br>6.314% due 09/12/2040 | 1200 | 1253 |
| **DROP Mortgage Trust** <br>5.576% due 10/15/2043 •  | 5000 | 4857 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Extended** **Stay America Trust** <br>5.506% due 07/15/2038 •  | 48462 | 48504 |
| **GSR Mortgage Loan Trust** <br>4.874% due 08/25/2046 •  | 19296 | 4067 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.306% due 06/19/2036 ~  | 553 | 227 |
| 4.842% due 12/19/2036 •  | 2140 | 1680 |
| 4.932% due 01/19/2036 •  | 1551 | 1008 |
| **HSI Asset Loan Obligation Trust** <br>6.000% due 09/25/2037 | 84 | 62 |
| **IndyMac INDX Mortgage Loan Trust** <br>4.914% due 07/25/2035 •  | 4945 | 4557 |
| **JP Morgan Alternative Loan Trust**  |  |  |
| 4.826% due 05/25/2037 ~  | 527 | 469 |
| 6.810% due 08/25/2036  | 505 | 496 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.158% due 04/15/2037 •  | 2929 | 2898 |
| **Lehman Mortgage Trust** <br>6.000% due 07/25/2037 | 29 | 25 |
| **Merrill Lynch Mortgage Investors Trust** <br>7.000% due 05/25/2033 ~ | 2 | 2 |
| **Morgan Stanley Capital Trust**  |  |  |
| 5.376% due 12/15/2036 •  | 2341 | 1886 |
| 5.595% due 12/15/2038 •  | 6700 | 6449 |
| **Morgan Stanley Mortgage Loan Trust** <br>5.962% due 06/25/2036 ~ | 352 | 94 |
| **Morgan Stanley Re-REMIC Trust** <br>5.500% due 01/26/2037 ~ | 3 | 3 |
| **MortgageIT Mortgage Loan Trust** <br>4.834% due 04/25/2036 •  | 3049 | 2254 |
| **New Century Alternative Mortgage Loan Trust** <br>6.667% due 07/25/2036 | 846 | 166 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059 ~  | 19489 | 18724 |
| 2.750% due 11/25/2059 ~  | 13328 | 12779 |
| 4.500% due 05/25/2058 ~  | 5036 | 4935 |
| **One New York Plaza Trust** <br>5.376% due 01/15/2036 •  | 2400 | 2335 |
| **ONE Park Mortgage Trust** <br>5.126% due 03/15/2036 •  | 7700 | 7563 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.794% due 05/25/2036 •  | 655 | 595 |
| 4.814% due 08/25/2036 •  | 406 | 409 |
| 4.854% due 04/25/2046 •  | 6124 | 1557 |
| 5.204% due 01/25/2036 ~  | 974 | 656 |
| 5.397% due 10/25/2037 ~  | 3295 | 2651 |
| 5.436% due 07/25/2035 ~  | 94 | 87 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 3.893% due 05/25/2036 ~  | 800 | 458 |
| 4.734% due 08/25/2036 •  | 507 | 399 |
| **TBW Mortgage-Backed Trust** <br>6.280% due 01/25/2037 | 6622 | 1057 |
| **Towd Point Mortgage Trust**  |  |  |
| 2.750% due 06/25/2057 ~  | 1986 | 1937 |
| 5.434% due 05/25/2058 •  | 533 | 546 |
| **Wachovia Mortgage Loan Trust LLC** <br>6.988% due 05/20/2036 ~ | 20 | 19 |
| **WaMu Mortgage Pass-Through Certificates Trust** <br>4.967% due 07/25/2037 ~ | 248 | 226 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 5.239% due 11/25/2046 •  | 781 | 655 |
| 6.000% due 07/25/2036  | 170 | 122 |
| **Wells Fargo Alternative Loan Trust** <br>5.750% due 07/25/2037 | 87 | 76 |
| Total Non-Agency Mortgage-Backed Securities (Cost $268,539) |  | 256507 |
| **ASSET-BACKED SECURITIES 4.6%**  |  |  |
| **CMBS OTHER 0.4%**  |  |  |
| **ACREC LLC** <br>6.542% due 02/19/2038 •  | 8019 | 8028 |
| **BDS LLC** <br>6.454% due 08/19/2038 •  | 6486 | 6491 |
| **Brightspire Capital Ltd.** <br>5.582% due 08/19/2038 •  | 2848 | 2841 |
| **MF1 LLC**  |  |  |
| 6.055% due 03/19/2039 •  | 1000 | 1004 |
| 6.953% due 09/17/2037 •  | 8340 | 8371 |
| **MF1 Ltd.** <br>5.668% due 02/19/2037 •  | 9466 | 9475 |
| **PFP Ltd.** <br>6.586% due 08/19/2035 •  | 11241 | 11260 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Ready** **Capital Mortgage Financing LLC** <br>6.693% due 10/25/2039 •  | 1814 | 1814 |
|  |  | 49284 |
| **HOME EQUITY OTHER 1.4%**  |  |  |
| **ABFC Trust** <br>4.694% due 01/25/2037 •  | 3312 | 2378 |
| **Accredited Mortgage Loan Trust** <br>4.694% due 09/25/2036 •  | 404 | 402 |
| **ACE Securities Corp. Home Equity Loan Trust**  |  |  |
| 4.754% due 08/25/2036 •  | 1504 | 339 |
| 4.834% due 12/25/2036 •  | 4823 | 1208 |
| 5.379% due 05/25/2035 •  | 5500 | 5057 |
| **Argent Securities Trust**  |  |  |
| 4.544% due 09/25/2036 •  | 1571 | 505 |
| 4.974% due 05/25/2036 •  | 1246 | 300 |
| 4.994% due 04/25/2036 •  | 6139 | 1917 |
| **Argent Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.194% due 02/25/2036 •  | 1931 | 1560 |
| **Bear Stearns Asset-Backed Securities Trust** <br>4.894% due 11/25/2036 •  | 6743 | 6541 |
| **Carrington Mortgage Loan Trust** <br>4.684% due 10/25/2036 •  | 1901 | 1444 |
| **CIT Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 2504 | 2530 |
| **Citigroup Mortgage Loan Trust** <br>4.834% due 01/25/2037 •  | 8490 | 3562 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.954% due 03/25/2036 •  | 903 | 824 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.574% due 07/25/2037 •  | 23 | 23 |
| 4.874% due 09/25/2047 •  | 197 | 197 |
| 4.894% due 05/25/2037 •  | 1977 | 1851 |
| 4.914% due 03/25/2036 •  | 870 | 783 |
| 5.174% due 08/25/2047 •  | 1677 | 1639 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>4.734% due 11/25/2036 •  | 1039 | 472 |
| **Ellington Loan Acquisition Trust** <br>5.534% due 05/25/2037 •  | 2337 | 2290 |
| **Fremont Home Loan Trust**  |  |  |
| 4.584% due 01/25/2037 •  | 1333 | 608 |
| 4.774% due 02/25/2037 •  | 1689 | 517 |
| **GSAA Home Equity Trust**  |  |  |
| 4.384% due 03/25/2036 ~  | 1050 | 427 |
| 4.734% due 07/25/2036 •  | 49449 | 9429 |
| 4.754% due 05/25/2036 •  | 32606 | 7119 |
| 4.944% due 01/25/2036 •  | 6196 | 5415 |
| **GSAMP Trust**  |  |  |
| 4.594% due 01/25/2037 •  | 2558 | 1542 |
| 4.714% due 09/25/2036 •  | 66572 | 22469 |
| 4.774% due 01/25/2037 •  | 4338 | 4250 |
| **Home Equity Loan Trust** <br>4.774% due 04/25/2037 •  | 3100 | 2737 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>5.184% due 10/25/2035 •  | 1315 | 1304 |
| **JP Morgan Mortgage Acquisition Trust**  |  |  |
| 4.219% due 07/25/2036 •  | 8826 | 8412 |
| 6.080% due 08/25/2036  | 1222 | 723 |
| **Long Beach Mortgage Loan Trust**  |  |  |
| 4.754% due 09/25/2036 •  | 12662 | 3383 |
| 4.794% due 03/25/2046 •  | 3854 | 3018 |
| 4.914% due 09/25/2036 •  | 4005 | 1075 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.914% due 03/25/2036 •  | 2002 | 1193 |
| 5.154% due 12/25/2034 •  | 6464 | 5974 |
| 5.184% due 10/25/2035 •  | 911 | 871 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 3.967% due 02/25/2037  | 10283 | 1168 |
| 4.954% due 03/25/2037 •  | 4867 | 4539 |
| 5.184% due 09/25/2035 •  | 692 | 688 |
| 5.334% due 02/25/2047 •  | 4324 | 2539 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.574% due 10/25/2036 •  | 914 | 399 |
| 4.584% due 12/25/2036 •  | 620 | 309 |
| 4.584% due 02/25/2037 •  | 3439 | 1496 |
| 4.614% due 02/25/2037 •  | 10745 | 3411 |
| 4.634% due 02/25/2037 •  | 451 | 196 |
| 4.654% due 10/25/2036 •  | 998 | 436 |
| 4.664% due 02/25/2037 •  | 4095 | 1300 |
| 4.734% due 11/25/2036 •  | 1288 | 729 |
| 4.934% due 08/25/2036 •  | 5436 | 2711 |
| 5.054% due 12/25/2035 •  | 171 | 168 |
| 5.684% due 07/25/2037 •  | 2100 | 1868 |
| **Morgan Stanley Home Equity Loan Trust**  |  |  |
| 4.534% due 04/25/2037 •  | 196 | 101 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 4.784% due 04/25/2037 •  | 933 | 484 |
| **New Century Home Equity Loan Trust**  |  |  |
| 4.754% due 08/25/2036 •  | 4093 | 4053 |
| 5.139% due 02/25/2036 •  | 6100 | 5424 |
| **NovaStar Mortgage Funding Trust**  |  |  |
| 4.734% due 03/25/2037 •  | 1010 | 334 |
| 4.854% due 01/25/2037 •  | 4054 | 1342 |
| 4.934% due 10/25/2036 •  | 1033 | 478 |
| **Option One Mortgage Loan Trust** <br>4.714% due 01/25/2037 •  | 3468 | 2035 |
| **Park Place Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.169% due 08/25/2035 •  | 2280 | 2271 |
| **Renaissance Home Equity Loan Trust** <br>7.238% due 09/25/2037  | 10279 | 4074 |
| **Residential Asset Mortgage Products Trust** <br>4.894% due 12/25/2035 •  | 6622 | 5515 |
| **Structured Asset Investment Loan Trust** <br>4.584% due 09/25/2036 •  | 33 | 32 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>4.934% due 11/25/2037 •  | 8000 | 7309 |
|  |  | 171697 |
| **HOME EQUITY SEQUENTIAL 0.0%**  |  |  |
| **RBSSP Resecuritization Trust** <br>4.599% due 11/26/2036 •  | 24 | 24 |
| **WHOLE LOAN COLLATERAL 0.0%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 4.784% due 12/25/2035 •  | 220 | 105 |
| 5.434% due 08/25/2035 •  | 80 | 48 |
| **Lehman XS Trust** <br>4.794% due 06/25/2036 •  | 48 | 51 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.934% due 03/25/2036 •  | 1149 | 718 |
| **Specialty Underwriting & Residential Finance Trust**  |  |  |
| 3.943% due 02/25/2037  | 1356 | 441 |
| 4.704% due 04/25/2037 •  | 705 | 519 |
| 4.734% due 06/25/2037 •  | 475 | 280 |
|  |  | 2162 |
| **OTHER ABS 2.8%**  |  |  |
| **37 Capital CLO Ltd.**  |  |  |
| 5.536% due 10/15/2034 •  | 5400 | 5405 |
| 5.546% due 07/15/2034 •  | 4000 | 4005 |
| **522 Funding CLO Ltd.** <br>5.571% due 10/20/2031 •  | 2652 | 2656 |
| **AIM Aviation Finance Ltd.** <br>6.213% due 02/15/2040 þ | 1488 | 1421 |
| **AIMCO CLO** <br>5.530% due 10/17/2034 •  | 4300 | 4307 |
| **Allegro CLO Ltd.** <br>5.519% due 01/19/2033 •  | 1500 | 1501 |
| **American Money Management Corp. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 1000 | 1000 |
| **Anchorage Capital CLO Ltd.** <br>5.712% due 04/22/2034 •  | 2100 | 2105 |
| **Apidos CLO**  |  |  |
| 5.520% due 04/17/2034 •  | 3400 | 3399 |
| 5.581% due 04/20/2034 •  | 3000 | 3002 |
| **Ares CLO Ltd.**  |  |  |
| 5.433% due 10/28/2034 •  | 4100 | 4105 |
| 5.600% due 04/17/2033 •  | 15000 | 15048 |
| **Atlas Senior Loan Fund Ltd.**  |  |  |
| 5.379% due 01/18/2035 •  | 3100 | 3098 |
| 5.499% due 10/23/2032 •  | 5622 | 5630 |
| **Atlas Static Senior Loan Fund Ltd.** <br>6.006% due 07/15/2030 •  | 362 | 363 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 5.469% due 10/20/2034 •  | 4000 | 4010 |
| 5.489% due 10/23/2034 •  | 2500 | 2502 |
| 5.491% due 07/16/2034 •  | 5000 | 4996 |
| 5.509% due 07/19/2034 •  | 5800 | 5814 |
| **Barings CLO Ltd.** <br>5.468% due 04/15/2031 •  | 5353 | 5359 |
| **Benefit Street Partners CLO Ltd.** <br>5.619% due 04/20/2034 •  | 12000 | 12019 |
| **Blackbird Capital Aircraft Lease Securitization Ltd.** <br>4.213% due 12/16/2041 | 1306 | 1304 |
| **Canyon CLO Ltd.** <br>5.336% due 07/15/2034 •  | 1000 | 1001 |
| **Capital Four U.S. CLO Ltd.** <br>6.169% due 01/20/2037 •  | 12000 | 12046 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Carlyle** **Global Market Strategies CLO Ltd.** <br>5.359% due 07/20/2034 •  | 4200 | 4205 |
| **Catamaran CLO Ltd.** <br>5.634% due 04/22/2030 •  | 2892 | 2895 |
| **CIFC Funding Ltd.** <br>5.658% due 01/15/2035 •  | 10900 | 10910 |
| **CQS U.S. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 1800 | 1801 |
| **Crestline Denali CLO Ltd.** <br>5.561% due 04/20/2030 •  | 260 | 260 |
| **Dryden CLO Ltd.** <br>5.362% due 08/20/2034 •  | 4300 | 4290 |
| **Dryden Senior Loan Fund** <br>5.339% due 04/20/2034 •  | 1000 | 1000 |
| **ECAF Ltd.**  |  |  |
| 3.473% due 06/15/2040  | 113 | 97 |
| 4.947% due 06/15/2040  | 2467 | 2208 |
| **Elevation CLO Ltd.**  |  |  |
| 5.412% due 07/25/2034 •  | 2900 | 2903 |
| 5.582% due 01/25/2035 •  | 3200 | 3201 |
| **GoldenTree Loan Management U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | 1000 | 1001 |
| **Golub Capital Partners Static Ltd.** <br>5.499% due 04/20/2033 •  | 6332 | 6332 |
| **Greywolf CLO Ltd.** <br>5.502% due 04/22/2033 •  | 5700 | 5714 |
| **ICG U.S. CLO Ltd.**  |  |  |
| 5.251% due 01/16/2033 •  | 1301 | 1301 |
| 5.419% due 10/20/2034 •  | 3000 | 3002 |
| **Jamestown CLO Ltd.**  |  |  |
| 5.402% due 07/25/2034 •  | 3300 | 3291 |
| 5.552% due 07/25/2035 •  | 10500 | 10516 |
| **KDAC Aviation Finance Ltd.** <br>4.212% due 12/15/2042 | 1217 | 1185 |
| **Labrador Aviation Finance Ltd.** <br>4.300% due 01/15/2042 | 5529 | 5377 |
| **LCM Ltd.** <br>5.549% due 07/20/2034 •  | 6000 | 6004 |
| **Madison Park Funding Ltd.**  |  |  |
| 5.256% due 10/15/2034 •  | 2500 | 2503 |
| 5.319% due 10/19/2034 •  | 3000 | 2996 |
| 5.522% due 10/22/2034 •  | 4000 | 4006 |
| **Magnetite Ltd.** <br>5.406% due 10/15/2031 •  | 1464 | 1465 |
| **MAPS Ltd.** <br>4.212% due 05/15/2043 | 816 | 815 |
| **METAL LLC** <br>4.581% due 10/15/2042 | 6187 | 4114 |
| **Navesink CLO Ltd.** <br>5.526% due 04/15/2036 •  | 1000 | 1001 |
| **Neuberger Berman Loan Advisers CLO Ltd.** <br>5.302% due 10/14/2036 •  | 2900 | 2895 |
| **Northwoods Capital Ltd.** <br>5.508% due 06/15/2031 •  | 4149 | 4145 |
| **Ocean Trails CLO** <br>5.546% due 07/15/2034 •  | 11200 | 11213 |
| **Octagon Investment Partners Ltd.**  |  |  |
| 5.309% due 01/20/2035 •  | 3000 | 2983 |
| 5.501% due 07/19/2030 •  | 1259 | 1261 |
| **OZLM Ltd.**  |  |  |
| 5.419% due 07/20/2030 •  | 577 | 577 |
| 5.581% due 04/20/2031 •  | 740 | 740 |
| **Pikes Peak CLO**  |  |  |
| 5.466% due 07/15/2034 •  | 2000 | 2002 |
| 5.489% due 10/11/2034 •  | 3215 | 3218 |
| **Rad CLO Ltd.** <br>5.512% due 04/25/2032 •  | 2772 | 2775 |
| **Regatta Funding Ltd.** <br>5.456% due 01/15/2033 •  | 11780 | 11783 |
| **Sandstone Peak Ltd.** <br>5.536% due 10/15/2034 •  | 9000 | 9006 |
| **Sapphire Aviation Finance Ltd.** <br>4.250% due 03/15/2040 | 142 | 142 |
| **Sculptor CLO Ltd.** <br>5.329% due 07/20/2034 •  | 1300 | 1300 |
| **Sound Point CLO** <br>5.688% due 07/15/2034 •  | 4000 | 4005 |
| **Sound Point CLO Ltd.** <br>5.562% due 01/25/2032 •  | 4631 | 4634 |
| **Start Ltd.** <br>4.089% due 03/15/2044 | 1577 | 1562 |
| **Sunnova Sol Issuer LLC** <br>2.790% due 02/22/2049 | 4029 | 3376 |
| **Symphony CLO Ltd.** <br>5.449% due 04/18/2033 •  | 4100 | 4103 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **TCW** **CLO AMR Ltd.** <br>5.624% due 08/16/2034 •  | 9000 | 9013 |
| **TIAA CLO Ltd.** <br>5.409% due 01/20/2032 •  | 1648 | 1650 |
| **Trinitas CLO Ltd.**  |  |  |
| 5.612% due 01/25/2034 •  | 7000 | 7008 |
| 5.622% due 01/25/2034 •  | 9700 | 9706 |
| **Trysail CLO Ltd.** <br>5.511% due 10/20/2033 •  | 1000 | 1000 |
| **TSTAT Ltd.** <br>5.419% due 07/20/2037 •  | 2292 | 2295 |
| **Venture CLO Ltd.** <br>5.664% due 04/20/2032 •  | 2752 | 2755 |
| **Verdelite Static CLO Ltd.** <br>5.399% due 07/20/2032 •  | 7568 | 7558 |
| **Vertical Bridge Holdings LLC** <br>2.636% due 09/15/2050 | 17600 | 17500 |
| **Voya CLO Ltd.** <br>5.329% due 04/20/2034 •  | 5800 | 5778 |
| **Voya Ltd.** <br>5.518% due 10/15/2030 •  | 858 | 858 |
| **Wellfleet CLO Ltd.** <br>5.718% due 07/15/2034 •  | 8000 | 8010 |
| **Wind River CLO Ltd.** <br>5.316% due 10/15/2034 •  | 1989 | 1983 |
|  |  | 347323 |
| Total Asset-Backed Securities (Cost $636,388) |  | 570490 |
| **SOVEREIGN ISSUES 5.1%**  |  |  |
| **Argentina Government International Bond**  |  |  |
| 1.000% due 07/09/2029  | 210 | 175 |
| 3.500% due 07/09/2041  | 9535 | 5936 |
| 4.125% due 07/09/2046  | 1573 | 1031 |
| **Australia Government International Bond** <br>1.000% due 11/21/2031 | 7850 | 4375 |
| **Brazil Government International Bond** <br>7.125% due 05/13/2054 | $9300 | 8929 |
| **Brazil Letras do Tesouro Nacional** <br>0.000% due 10/01/2025 (g) | 41100 | 7297 |
| **Canada Housing Trust** <br>1.950% due 12/15/2025 | 59800 | 43780 |
| **Cassa Depositi e Prestiti SpA** <br>5.875% due 04/30/2029 | $11700 | 12247 |
| **Emirate of Abu Dhabi Government International Bond** <br>3.125% due 04/16/2030 | 12600 | 12077 |
| **Export-Import Bank of India** <br>3.250% due 01/15/2030 | 6000 | 5652 |
| **Israel Government International Bond**  |  |  |
| 5.375% due 02/19/2030  | 13000 | 13264 |
| 5.500% due 03/12/2034  | 21100 | 21394 |
| 5.750% due 03/12/2054  | 8000 | 7420 |
| **Japan Government International Bond**  |  |  |
| 2.000% due 12/20/2044  | 5480000 | 36034 |
| 2.200% due 03/20/2064  | 2391000 | 13351 |
| 2.400% due 03/20/2045  | 2867300 | 20045 |
| 2.400% due 03/20/2055  | 400000 | 2552 |
| **Korea Development Bank** <br>3.000% due 01/13/2026 | $12700 | 12615 |
| **Kuwait International Government Bond** <br>3.500% due 03/20/2027 | 14500 | 14305 |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (i)  | 564541 | 26664 |
| 3.000% due 12/03/2026 (i)  | 119097 | 6217 |
| 4.000% due 11/30/2028 (i)  | 309431 | 16167 |
| **Mexico Government International Bond**  |  |  |
| 3.771% due 05/24/2061  | $3350 | 1987 |
| 6.625% due 01/29/2038 (b)  | 4718 | 4796 |
| **Peru Government International Bond**  |  |  |
| 5.400% due 08/12/2034  | 110200 | 29448 |
| 6.150% due 08/12/2032  | 82504 | 24091 |
| 6.900% due 08/12/2037  | 3700 | 1065 |
| 6.950% due 08/12/2031  | 83280 | 25563 |
| 7.300% due 08/12/2033  | 51600 | 15860 |
| **Qatar Government International Bond** <br>4.400% due 04/16/2050 | $5300 | 4488 |
| **Republic of South Africa Government International Bond**  |  |  |
| 7.100% due 11/19/2036  | 2800 | 2781 |
| 8.875% due 02/28/2035  | 1827410 | 96387 |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 5700 | 5774 |
| 2.125% due 03/07/2028  | 5000 | 5680 |
| 2.875% due 04/13/2042  | 2300 | 1690 |
| 3.750% due 02/07/2034  | 500 | 504 |
| 5.250% due 03/10/2030  | 140 | 169 |
| 5.250% due 05/30/2032  | 9200 | 10680 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| 5.375% due 03/22/2031  | 7450 | 8814 |
| **Saudi Government International Bond**  |  |  |
| 2.250% due 02/02/2033  | $14100 | 11846 |
| 4.750% due 01/16/2030  | 21700 | 21924 |
| 5.000% due 01/18/2053  | 14000 | 11950 |
| 5.125% due 01/13/2028  | 26600 | 27050 |
| 5.375% due 01/13/2031  | 6000 | 6227 |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2030 (h)  | 165 | 80 |
| 0.000% due 02/01/2034 (h)  | 618 | 240 |
| 0.000% due 02/01/2035 (h)  | 522 | 248 |
| 0.000% due 02/01/2036 (h)  | 435 | 206 |
| 1.750% due 02/01/2029  | 2120 | 1314 |
| 1.750% due 02/01/2034  | 909 | 473 |
| **United Kingdom Gilt** <br>4.375% due 07/31/2054 | 17778 | 21152 |
| Total Sovereign Issues (Cost $634,732) |  | 634014 |
|  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |
| **COMMUNICATION SERVICES 0.0%**  |  |  |
| **Oi SA (e)** | 835342 | 98 |
| **CONSUMER DISCRETIONARY 0.0%**  |  |  |
| **Desarrolladora Homex SAB de CV (e)** | 441790 | 0 |
| **FINANCIALS 0.0%**  |  |  |
| **MNSN Holdings, Inc. «(e)(m)** | 9896 | 40 |
| **Stichting Administratiekantoor «(e)** | 11933 | 0 |
|  |  | 40 |
| **INDUSTRIALS 0.0%**  |  |  |
| **Drillco Holding Lux SA «(m)** | 184946 | 3791 |
| **Foresea Holdings SA «** | 97 | 2 |
| **Westmoreland Mining Holdings «(e)(m)** | 47724 | 30 |
| **Westmoreland Mining LLC «(e)(m)** | 48144 | 113 |
|  |  | 3936 |
| **MATERIALS 0.0%**  |  |  |
| **Petra Diamonds Ltd. (e)** | 1042150 | 211 |
| Total Common Stocks (Cost $9,499) |  | 4285 |
| **WARRANTS 0.0%**  |  |  |
| **ENERGY 0.0%**  |  |  |
| **Constellation Oil 'D' - Exp. 06/10/2071 «(m)** | 3 | 0 |
| Total Warrants (Cost $0) |  | 0 |
| **CONVERTIBLE PREFERRED SECURITIES 0.1%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **Wells Fargo & Co.**<br>7.500% | 7750 | 9100 |
| Total Convertible Preferred Securities (Cost $5,523) |  | 9100 |
| **PREFERRED SECURITIES 3.9%**  |  |  |
| **BANKING & FINANCE 3.7%**  |  |  |
| **American AgCredit Corp.**<br>5.250% due 06/15/2026 •  | 14000000 | 13598 |
| **Banco Santander SA**<br>8.000% due 02/01/2034 •(j)(k) | 7800000 | 8259 |
| **Bank of America Corp.**<br>5.875% due 03/15/2028 •(j) | 58483000 | 59428 |
| **Bank of New York Mellon Corp.**<br>4.625% due 09/20/2026 •  | 775000 | 771 |
| **Brighthouse Holdings LLC**<br>6.500% due 07/27/2037 þ(j) | 8000000 | 7180 |
| **CaixaBank SA**  |  |  |
| 5.875% due 10/09/2027 •(j)(k) | 2000000 | 2447 |
| 8.250% due 03/13/2029 •(k) | 3000000 | 3963 |
| **Capital** **Farm Credit ACA**<br>5.000% due 03/15/2026 •  | 35500000 | 35671 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
| **Charles Schwab Corp.**<br>4.000% due 12/01/2030 •(j) | 21000000 | 19483 |
| **Citigroup, Inc.**<br>6.950% due 02/15/2030 •(j) | 23625000 | 24140 |
| **CoBank ACB**  |  |  |
| 4.250% due 01/01/2027 •(j) | 7900000 | 7633 |
| 6.250% due 10/01/2026 •  | 9300000 | 9327 |
| 6.450% due 10/01/2027 •(j) | 5000000 | 5047 |
| 7.125% due 01/01/2030 •(j) | 5000000 | 5126 |
| **Cooperatieve Rabobank UA**<br>6.500% due 12/29/2049 þ(j) | 12627500 | 16976 |
| **Encina Private Credit LLC** « | 3793 | 0 |
| **Farm Credit Bank of Texas**<br>6.200% due 06/15/2028 •  | 3000000 | 2944 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 3.650% due 08/10/2026 •(j) | 9000000 | 8821 |
| 6.125% due 11/10/2034 •(j) | 12700000 | 12698 |
| 6.850% due 02/10/2030 •(j) | 19600000 | 20270 |
| 7.500% due 02/10/2029 •(j) | 9300000 | 9883 |
| 7.500% due 05/10/2029 •(j) | 9000000 | 9490 |
| **JPMorgan Chase & Co.**  |  |  |
| 3.650% due 06/01/2026 •(j) | 14000000 | 13795 |
| 4.625% due 06/01/2026 (j) | 327000 | 6393 |
| 6.500% due 04/01/2030 •(j) | 20000000 | 20652 |
| 6.875% due 06/01/2029 •(j) | 14300000 | 15115 |
| 7.036% due 10/01/2025 ~(j) | 32000000 | 32211 |
| **MetLife Capital Trust**<br>8.252% due 12/15/2067 | 2000000 | 2197 |
| **Morgan Stanley**  |  |  |
| 5.875% due 09/15/2026 ~ | 3000000 | 3044 |
| 6.500% due 10/15/2027 (j) | 389400 | 10019 |
| 6.625% due 10/15/2029 | 92000 | 2378 |
| 7.740% due 12/15/2025 ~ | 10280000 | 10453 |
| **Nationwide Building Society**<br>10.250% ~ | 64034 | 11429 |
| **PNC Financial Services Group, Inc.**  |  |  |
| 3.400% due 09/15/2026 •(j) | 5300000 | 5132 |
| 6.250% due 03/15/2030 •(j) | 2900000 | 2992 |
| **State Street Corp.**<br>6.700% due 03/15/2029 •(j) | 8500000 | 8867 |
| **U.S. Bancorp**<br>5.300% due 04/15/2027 •(j) | 5045000 | 5051 |
| **Wells Fargo & Co.**  |  |  |
| 3.900% due 03/15/2026 •(j) | 4300000 | 4265 |
| 4.250% due 09/15/2026 | 678800 | 11709 |
| 6.850% due 09/15/2029 •(j) | 12000000 | 12592 |
| 7.625% due 09/15/2028 •(j) | 5800000 | 6244 |
|  |  | 467693 |
| **INDUSTRIALS 0.1%**  |  |  |
| **Land O' Lakes, Inc.**<br>7.000% due 09/18/2028 | 4600000 | 3858 |
| **SVB Financial Trust**  |  |  |
| 0.000% due 11/07/2032 (g) | 400000 | 8 |
| 11.000% due 11/07/2032 | 11280 | 5978 |
|  |  | 9844 |
| **UTILITIES 0.1%**  |  |  |
| **Edison International**<br>5.000% due 12/15/2026 •  | 4500000 | 3901 |
| **Sempra**<br>4.875% due 10/15/2025 •(j) | 7300000 | 7282 |
|  |  | 11183 |
| Total Preferred Securities (Cost $507,730) |  | 488720 |
| **REAL ESTATE INVESTMENT TRUSTS 0.1%**  |  |  |
| **REAL ESTATE 0.1%**  |  |  |
| **Welltower, Inc.** | 74398 | 11437 |
| Total Real Estate Investment Trusts (Cost $4,200) |  | 11437 |
| **SHORT-TERM INSTRUMENTS 3.0%**  |  |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (l) | 34566657 | 34567 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 217 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (n) 2.6%** |  | 321300 |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.317% due 07/03/2025 - 10/21/2025 (f)(g)(s) | $6985 | 6937 |
| Total Short-Term Instruments (Cost $362,804) |  | 362804 |
| Total Investments in Securities (Cost $13,672,317) |  | 13197835 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 4.5%**  |  |  |
| **SHORT-TERM INSTRUMENTS 4.5%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 4.5%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 58167926 | 566381 |
| Total Short-Term Instruments (Cost $566,381) |  | 566381 |
| Total Investments in Affiliates (Cost $566,381) |  | 566381 |
| Total Investments 110.4% (Cost $14,238,698) |  | $13764216 |
| **Financial Derivative Instruments (p)(r) (0.1)**%(Cost or Premiums, net $94,559) |  | (8346) |
| Other Assets and Liabilities, net (10.3)% |  | (1290721) |
| Net Assets 100.0% |  | $12465149 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 50 | 109 | 162 | 175 | 188 | 207 | 231 | 238 |
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(d)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(e)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(f)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(g)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(h)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(i)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(j)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(k)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(l)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(m)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Oil 'D' - Exp. 06/10/2071 | Constellation Oil 'D' - Exp. 06/10/2071 | 06/10/2022 | 0 | 0 | $ | 0 | 0.00 | % |
| Constellation Pharmaceutical, Inc. 5.550% due 07/01/2033 | Constellation Pharmaceutical, Inc. 5.550% due 07/01/2033 | 01/06/2025 | 5004 | 5004 |  | 5080 | 0.04 |  |
| Credit Opportunities Partners LLC 6.520% due 03/20/2028 | Credit Opportunities Partners LLC 6.520% due 03/20/2028 | 02/20/2025 | 3200 | 3200 |  | 3221 | 0.03 |  |
| Credit Opportunities Partners LLC 6.740% due 03/20/2030 | Credit Opportunities Partners LLC 6.740% due 03/20/2030 | 02/20/2025 | 3800 | 3800 |  | 3842 | 0.03 |  |
| Drillco Holding Lux SA | Drillco Holding Lux SA | 06/08/2023 | 3699 | 3699 |  | 3791 | 0.03 |  |
| Grifols SA 7.500% due 05/01/2030 | Grifols SA 7.500% due 05/01/2030 | 06/25/2025 | 7343 | 7343 |  | 7411 | 0.06 |  |
| Hardwood Funding LLC 4.840% due 06/07/2028 | Hardwood Funding LLC 4.840% due 06/07/2028 | 03/11/2025 | 3900 | 3900 |  | 3923 | 0.03 |  |
| Hardwood Funding LLC 4.980% due 06/07/2030 | Hardwood Funding LLC 4.980% due 06/07/2030 | 03/11/2025 | 3900 | 3900 |  | 3939 | 0.03 |  |
| Hardwood Funding LLC 5.160% due 06/07/2032 | Hardwood Funding LLC 5.160% due 06/07/2032 | 03/11/2025 | 3900 | 3900 |  | 3946 | 0.03 |  |
| MNSN Holdings, Inc. | MNSN Holdings, Inc. | 04/19/2022 - 04/26/2022 | 192 | 192 |  | 40 | 0.00 |  |
| Morgan Stanley 0.000% due 04/02/2032 | Morgan Stanley 0.000% due 04/02/2032 | 02/11/2020 | 14146 | 14146 |  | 10968 | 0.09 |  |
| Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | 03/18/2025 | 4200 | 4200 |  | 4200 | 0.03 |  |
| Pinnacol Assurance 8.625% due 06/25/2034 | Pinnacol Assurance 8.625% due 06/25/2034 | 06/23/2014 | 6000 | 6000 |  | 6602 | 0.05 |  |
| Project Alpha Investindustrial 4.256% due 02/27/2026 | Project Alpha Investindustrial 4.256% due 02/27/2026 | 02/28/2025 | 2647 | 2647 |  | 3006 | 0.03 |  |
| Westmoreland Mining Holdings | Westmoreland Mining Holdings | 12/08/2014 | 1393 | 1393 |  | 30 | 0.00 |  |
| Westmoreland Mining LLC | Westmoreland Mining LLC | 06/30/2023 | 319 | 319 |  | 113 | 0.00 |  |
|  |  |  | 63643 | 63643 | $ | 60112 | 0.48 | %  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(n)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| DEU | $210700 | &nbsp;&nbsp; U.S. Treasury Bonds 3.750% due 11/15/2043 | &nbsp;&nbsp; U.S. Treasury Bonds 3.750% due 11/15/2043 | $(216895) | (216895) | $210700 | $210726 | 210726 |
| SAL | 110600 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | (112883) | (112883) | 110600 | 110614 | 110614 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  | $**(329778)** | **(329778)** | $**321300** | $**321340** | **321340** |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 42 | 44 | 64 | 87 | 88 | 102 | 111 | 112 | 132 | 135 | 148 | 162 | 166 | 175 | 191 | 212 | 229 |
| **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** | **REVERSE** **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Borrowing Rate<sup>(2)</sup> | Settlement Date | Settlement Date | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Maturity Date | Maturity Date |  | Amount<br>Borrowed<sup>(2)</sup> | Amount<br>Borrowed<sup>(2)</sup> |  | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BRC | BRC | 1.250%  | 1.250%  | 1.250%  | 06/11/2025 | 06/11/2025 | 06/11/2025 | 06/11/2025 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | EUR | (2080) | (2080) | $ | (2452) |
|  |  | 1.350  | 1.350  | 1.350  | 06/11/2025 | 06/11/2025 | 06/11/2025 | 06/11/2025 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (1072) | (1072) |  | (1264) |
|  |  | 1.650  | 1.650  | 1.650  | 06/11/2025 | 06/11/2025 | 06/11/2025 | 06/11/2025 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (1713) | (1713) |  | (2019) |
|  |  | 1.650  | 1.650  | 1.650  | 06/24/2025 | 06/24/2025 | 06/24/2025 | 06/24/2025 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (1476) | (1476) |  | (1740) |
|  |  | 4.300  | 4.300  | 4.300  | 12/20/2024 | 12/20/2024 | 12/20/2024 | 12/20/2024 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | $ | $(9548) | (9548) |  | (9768) |
| JPS | JPS | 4.250  | 4.250  | 4.250  | 06/23/2025 | 06/23/2025 | 06/23/2025 | 06/23/2025 | 08/01/2025 | 08/01/2025 | 08/01/2025 | 08/01/2025 |  | (571) | (571) |  | (571) |
| MEI | MEI | 2.750  | 2.750  | 2.750  | 06/23/2025 | 06/23/2025 | 06/23/2025 | 06/23/2025 | 08/01/2025 | 08/01/2025 | 08/01/2025 | 08/01/2025 |  | (3990) | (3990) |  | (3992) |
| NOM | NOM | 3.250  | 3.250  | 3.250  | 06/26/2025 | 06/26/2025 | 06/26/2025 | 06/26/2025 | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> | TBD<sup>(3)</sup> |  | (473) | (473) |  | (473) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  |  |  |  |  |  | **$** | **(22279)** |
| **(o)** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $23,311 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| <sup>(2)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(197327) at a weighted average interest rate of 4.336%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(3)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(p)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Notional Amount | Cost | Cost | Market<br>Value |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | $97.500 | 97.500 | 97.500 | 97.500 | 06/12/2026 | 06/12/2026 | 06/12/2026 | 3167 | $7918 | 7918 | 7918 | 2479 | 2479 | 1346 |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | 98.000 | 98.000 | 98.000 | 98.000 | 06/12/2026 | 06/12/2026 | 06/12/2026 | 3302 | 8255 | 8255 | 8255 | 1609 | 1609 | 805 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **$** | **4088** | **4088** | **2151** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 170 | 170 | $170 | 170 | 170 | (36) | (36) | (35) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 170 | 170 | 170 | 170 | 170 | (43) | (43) | (51) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | 117.250 | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 65 | 65 | 65 | 65 | 65 | (14) | (14) | (14) |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | 118.500 | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 65 | 65 | 65 | 65 | 65 | (12) | (12) | (8) |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 43 | 43 | 43 | 43 | 43 | (20) | (20) | (17) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 43 | 43 | 43 | 43 | 43 | (23) | (23) | (7) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (148) | (148) | (132) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 186 | $186 | 186 | 186 | (62) | (62) | (6) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 361 | 361 | 361 | 361 | (154) | (154) | (11) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 191 | 191 | 191 | 191 | (63) | (63) | (12) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 178 | 178 | 178 | 178 | (44) | (44) | (22) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 552 | 552 | 552 | 552 | (211) | (211) | (293) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 178 | 178 | 178 | 178 | (55) | (55) | (78) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 186 | 186 | 186 | 186 | (64) | (64) | (140) |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | 98.500 | 98.500 | 98.500 | 98.500 | 06/12/2026 | 06/12/2026 | 06/12/2026 | 3167 | 7918 | 7918 | 7918 | (866) | (866) | (435) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (1519) | (1519) | (997) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(1667)** | **(1667)** | **(1129)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 03/2027 | 03/2027 | 2619 | 2619 | 2619 | $634911 | 634911 | 634911 | 634911 |  | $6211 | 6211 | 6211 | 6211 | $229 | 229 | $0 |
| 3-Month SOFR Active Contract December Futures  | 03/2028 | 03/2028 | 2407 | 2407 | 2407 | 582404 | 582404 | 582404 | 582404 |  | 4863 | 4863 | 4863 | 4863 | 181 | 181 | 0 |
| 3-Month SOFR Active Contract June Futures  | 09/2027 | 09/2027 | 2647 | 2647 | 2647 | 641269 | 641269 | 641269 | 641269 |  | 5564 | 5564 | 5564 | 5564 | 199 | 199 | 0 |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 6 | 15 | 24 | 36 | 42 | 62 | 72 | 91 | 107 | 148 | 163 | 180 | 194 | 203 | 215 | 232 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2027 | 06/2027 | 4568 |  | 1107226 | 10691 | 10691 | 10691 | 343 | 343 | 343 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2026 | 12/2026 | 1462 |  | 354297 | 3437 | 3437 | 3437 | 128 | 128 | 128 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2027 | 12/2027 | 4284 |  | 1037210 | 8533 | 8533 | 8533 | 321 | 321 | 321 | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 104 |  | 15944 | (126) | (126) | (126) | 4 | 4 | 4 | (46) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 12091 |  | 2515211 | 9877 | 9877 | 9877 | 661 | 661 | 661 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 13813 |  | 1505617 | 13579 | 13579 | 13579 | 1834 | 1834 | 1834 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 1373 |  | 153948 | 2573 | 2573 | 2573 | 429 | 429 | 429 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 5222 |  | 596695 | 10275 | 10275 | 10275 | 2529 | 2529 | 2529 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 3820 |  | 455058 | 15122 | 15122 | 15122 | 5133 | 5133 | 5133 | 0 |
|  |  |  |  |  |  |  |  |  |  | 90599 | 90599 | $ | 11991 | 11991 | $ | (46) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Description | Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts |  | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | Canada Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 109 | $ | (9765) | $(96) | (96) | (96) | 0 | 0 | 0 | (22) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 2605 |  | (361108) | 1240 | 1240 | 1240 | 767 | 767 | 767 | (245) |
|  |  |  |  |  |  |  |  |  |  | 1144 | 1144 | $ | 767 | 767 | $ | (267) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **91743** | **91743** | **$** | **12758** | **12758** | **$** | **(313)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Reference Entity | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> |  | Notional<br>Amount<sup>64)</sup> | Notional<br>Amount<sup>64)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(7)</sup> | Market<br>Value<sup>(7)</sup> | Asset | Asset | Liability |
| Ford Motor Co.  | (5.000)% | Quarterly | 06/20/2030 | 1.810 | 1.810 | $ | $18100 | 18100 | (2049) | (492) | $ | (2541) | (2541) | 0 | 0 | (28) |
| General Motors Co.  | (5.000) | Quarterly | 06/20/2030 | 1.225 | 1.225 |  | 30600 | 30600 | (4620) | (573) |  | (5193) | (5193) | 0 | 0 | (65) |
|  |  |  |  |  |  |  |  |  | $(6669) | (1065) | (1065) | (7734) | (7734) | $0 | 0 | $(93) |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(4)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(5)</sup> |  | Notional<br>Amount<sup>(6)</sup> | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(7)</sup> | Market<br>Value<sup>(7)</sup> | Asset | Asset | Liability |
| AES Corp.  | 5.000% | Quarterly | 12/20/2025 | 0.201 | 0.201 | $ | $6100 | 6100 | 1207 | (1059) | $ | 148 | 148 | 0 | 0 | 0 |
| AES Corp.  | 5.000 | Quarterly | 06/20/2026 | 0.317 | 0.317 |  | 2100 | 2100 | 430 | (332) |  | 98 | 98 | 0 | 0 | 0 |
| AES Corp.  | 5.000 | Quarterly | 12/20/2028 | 0.875 | 0.875 |  | 5000 | 5000 | 621 | 56 |  | 677 | 677 | 0 | 0 | (4) |
| Airbus Group  | 1.000 | Quarterly | 06/20/2029 | 0.285 | 0.285 | EUR | 8000 | 8000 | 171 | 91 |  | 262 | 262 | 6 | 6 | 0 |
| Airbus SE  | 1.000 | Quarterly | 12/20/2028 | 0.260 | 0.260 |  | 2800 | 2800 | 21 | 63 |  | 84 | 84 | 1 | 1 | 0 |
| American International Group, Inc.  | 1.000 | Quarterly | 12/20/2026 | 0.223 | 0.223 | $ | $3900 | 3900 | 83 | (38) |  | 45 | 45 | 0 | 0 | (1) |
| American International Group, Inc.  | 1.000 | Quarterly | 12/20/2027 | 0.310 | 0.310 |  | 10500 | 10500 | (63) | 238 |  | 175 | 175 | 0 | 0 | (1) |
| AT&T, Inc.  | 1.000 | Quarterly | 06/20/2026 | 0.303 | 0.303 |  | 32200 | 32200 | 550 | (325) |  | 225 | 225 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | Quarterly | 06/20/2028 | 0.426 | 0.426 |  | 15000 | 15000 | (60) | 306 |  | 246 | 246 | 3 | 3 | 0 |
| Atlantia SPA  | 1.000 | Quarterly | 12/20/2025 | 0.338 | 0.338 | EUR | 5800 | 5800 | (262) | 286 |  | 24 | 24 | 1 | 1 | 0 |
| Bank of America Corp.  | 1.000 | Quarterly | 12/20/2025 | 0.239 | 0.239 | $ | $8800 | 8800 | 65 | (31) |  | 34 | 34 | 0 | 0 | 0 |
| Bank of America Corp.  | 1.000 | Quarterly | 12/20/2026 | 0.359 | 0.359 |  | 24400 | 24400 | 316 | (83) |  | 233 | 233 | 0 | 0 | (1) |
| Barclays Bank PLC  | 1.000 | Quarterly | 12/20/2025 | 0.238 | 0.238 | EUR | 6500 | 6500 | 38 | (8) |  | 30 | 30 | 1 | 1 | 0 |
| BP Capital Markets PLC  | 1.000 | Quarterly | 12/20/2025 | 0.141 | 0.141 |  | 10800 | 10800 | 256 | (200) |  | 56 | 56 | 1 | 1 | 0 |
| Cellnex Telecom SA  | 5.000 | Quarterly | 12/20/2030 | 0.893 | 0.893 |  | 1900 | 1900 | (4) | 478 |  | 474 | 474 | 0 | 0 | 0 |
| Citigroup, Inc.  | 1.000 | Quarterly | 12/20/2025 | 0.252 | 0.252 | $ | $11200 | 11200 | 72 | (29) |  | 43 | 43 | 0 | 0 | 0 |
| Elis SA  | 5.000 | Quarterly | 12/20/2029 | 0.777 | 0.777 | EUR | 3800 | 3800 | 766 | 46 |  | 812 | 812 | 0 | 0 | 0 |
| Expedia Group, Inc.  | 1.000 | Quarterly | 12/20/2026 | 0.198 | 0.198 | $ | $2200 | 2200 | 18 | 8 |  | 26 | 26 | 0 | 0 | (1) |
| General Electric Co.  | 1.000 | Quarterly | 06/20/2026 | 0.089 | 0.089 |  | 8500 | 8500 | 58 | 19 |  | 77 | 77 | 0 | 0 | 0 |
| General Electric Co.  | 1.000 | Quarterly | 12/20/2026 | 0.107 | 0.107 |  | 900 | 900 | 10 | 2 |  | 12 | 12 | 0 | 0 | 0 |
| Glencore Finance  | 5.000 | Quarterly | 06/20/2031 | 1.281 | 1.281 | EUR | 14000 | 14000 | 3192 | 190 |  | 3382 | 3382 | 7 | 7 | 0 |
| Goldman Sachs Group, Inc.  | 1.000 | Quarterly | 06/20/2026 | 0.321 | 0.321 | $ | $2400 | 2400 | 15 | 1 |  | 16 | 16 | 0 | 0 | 0 |
| Hess Corp.  | 1.000 | Quarterly | 06/20/2026 | 0.129 | 0.129 |  | 6900 | 6900 | (53) | 113 |  | 60 | 60 | 0 | 0 | 0 |
| Hess Corp.  | 1.000 | Quarterly | 12/20/2026 | 0.170 | 0.170 |  | 4800 | 4800 | (49) | 108 |  | 59 | 59 | 0 | 0 | (1) |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 4 | 6 | 13 | 15 | 18 | 21 | 24 | 34 | 37 | 61 | 72 | 108 | 127 | 142 | 163 | 194 | 204 | 219 | 233 |
| Lennar Corp.  | Lennar Corp.  | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.393 |  | 2900 | 598 |  | (401) |  | 197 | 0 |  | (1) |
| MGM Resorts International  | MGM Resorts International  | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 1.690 |  | 12800 | 1764 |  | (47) |  | 1717 | 17 |  | 0 |
| Morgan Stanley  | Morgan Stanley  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 0.241 |  | 4800 | 17 |  | 2 |  | 19 | 0 |  | 0 |
| Morgan Stanley  | Morgan Stanley  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.290 |  | 22400 | 142 |  | 18 |  | 160 | 1 |  | 0 |
| National Rural Utilities Cooperative Finance Corp.  | National Rural Utilities Cooperative Finance Corp.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.082 |  | 2200 | 60 |  | (30) |  | 30 | 0 |  | 0 |
| NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.246 |  | 9800 | 223 |  | (149) |  | 74 | 0 |  | 0 |
| T-Mobile USA, Inc.  | T-Mobile USA, Inc.  | 5.000 | 5.000 | Quarterly | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.263 |  | 3800 | 655 |  | (139) |  | 516 | 2 |  | 0 |
| Tesco PLC  | Tesco PLC  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 0.246 |  | 5350 | 9 |  | 109 |  | 118 | 0 |  | (1) |
| Tesco PLC  | Tesco PLC  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.283 |  | 4100 | 5 |  | 97 |  | 102 | 1 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 0.277 |  | $2500 | 57 |  | (39) |  | 18 | 0 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.312 |  | 6200 | 149 |  | (86) |  | 63 | 0 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 0.382 |  | 400 | (7) |  | 13 |  | 6 | 0 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.416 |  | 8300 | (22) |  | 161 |  | 139 | 3 |  | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 0.462 |  | 2000 | (5) |  | 41 |  | 36 | 1 |  | 0 |
| Volkswagen International Finance NV  | Volkswagen International Finance NV  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.755 |  | 8900 | 70 |  | 7 |  | 77 | 6 |  | 0 |
| Électricité de France SA  | Électricité de France SA  | 1.000 | 1.000 | Quarterly | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 0.763 |  | 15700 | 214 |  | (2) |  | 212 | 10 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 11327 | 11327 | (545) | (545) | 10782 | 61 | 61 | (11) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(7)</sup> | Asset |  | Liability |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | (5.000)% | (5.000)% | (5.000)% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | $ | 103000 | (2334) | $ | (5571) | $ | (7905) | 0 | $ | (362) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(4)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(6)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(7)</sup> | Asset |  | Liability |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000% | 1.000% | 1.000% | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | $ | 193360 | 3736 | $ | 678 | $ | 4414 | 96 | $ | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  | 4048800 | 73242 |  | 17666 |  | 90908 | 2239 |  | 0 |
| CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | CDX.iTraxx Crossover 43 5-Year Index  | 5.000 | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | EUR | 25320 | 2313 |  | 509 |  | 2822 | 125 |  | 0 |
| CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | CDX.iTraxx Main 43 5-Year Index  | 1.000 | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  | 148200 | 3319 |  | 456 |  | 3775 | 147 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  | 82610 | $ | 19309 | $ | 101919 | 2607 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> | <u>Variation Margin</u><sup>(2)</sup> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | 3.500% | Annual | 03/19/2030 | GBP | 289550 | $(8538) | (8538) | $4937 | 4937 | (3601) | $0 | 0 | $(16) |
| Receive | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | 03/19/2055 |  | 12400 | 1485 | 1485 | 531 | 531 | 2016 | 40 | 40 | 0 |
| Receive<sup>(8)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.620 | 3.620 | 3.620 | Annual | 11/30/2029 | $ | 433630 | (519) | (519) | (4025) | (4025) | (4544) | 0 | 0 | (640) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | 12/18/2029 |  | 505900 | 355 | 355 | (5798) | (5798) | (5443) | 0 | 0 | (738) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | 3.842 | 3.842 | Annual | 03/04/2030 |  | 16800 | (33) | (33) | (250) | (250) | (283) | 0 | 0 | (26) |
| Receive<sup>(8)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | 3.750 | Annual | 05/15/2032 |  | 6100 | (25) | (25) | (68) | (68) | (93) | 0 | 0 | (16) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.994 | 3.994 | 3.994 | Annual | 07/02/2034 |  | 46300 | 107 | 107 | (1028) | (1028) | (921) | 0 | 0 | (167) |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 4 | 18 | 26 | 37 | 61 | 70 | 106 | 108 | 140 | 142 | 169 | 171 | 202 | 204 | 231 | 233 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.586 | Annual | 08/19/2034 |  | 13800 |  | (48) |  | 237 |  | 189 |  | 0 |  | (49) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 08/28/2034 |  | 15300 |  | (57) |  | 301 |  | 244 |  | 0 |  | (55) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.514 | Annual | 09/04/2034 |  | 17500 |  | (66) |  | 402 |  | 336 |  | 0 |  | (63) |
| Receive<sup>(8)</sup> | Receive<sup>(8)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.900 | Annual | 02/15/2035 |  | 435830 |  | (840) |  | (7889) |  | (8729) |  | 0 |  | (1692) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 |  | 10900 |  | (31) |  | (227) |  | (258) |  | 0 |  | (43) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 |  | 18400 |  | (54) |  | (311) |  | (365) |  | 0 |  | (72) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 03/05/2054 |  | 100 |  | 2 |  | 5 |  | 7 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 |  | 67400 |  | 2618 |  | 2318 |  | 4936 |  | 0 |  | (512) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 02/15/2055 |  | 4200 |  | 0 |  | 198 |  | 198 |  | 0 |  | (33) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.807 | Annual | 02/15/2055 |  | 25600 |  | 0 |  | 518 |  | 518 |  | 0 |  | (206) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.848 | Annual | 02/15/2055 |  | 33200 |  | 0 |  | 427 |  | 427 |  | 0 |  | (269) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.915 | Annual | 02/15/2055 |  | 19400 |  | 0 |  | 18 |  | 18 |  | 0 |  | (159) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.943 | Annual | 02/15/2055 |  | 18000 |  | 0 |  | (70) |  | (70) |  | 0 |  | (148) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.945 | Annual | 02/15/2055 |  | 18800 |  | 0 |  | (80) |  | (80) |  | 0 |  | (154) |
| Pay | Pay | 1-Year BRL-CDI | 12.030 | Maturity | 01/04/2027 | BRL | 741500 |  | 2 |  | (3275) |  | (3273) |  | 148 |  | 0 |
| Pay | Pay | 1-Year BRL-CDI | 13.927 | Maturity | 01/04/2027 |  | 885800 |  | 0 |  | (462) |  | (462) |  | 87 |  | 0 |
| Pay | Pay | 1-Year BRL-CDI | 13.402 | Maturity | 01/02/2029 |  | 649700 |  | 0 |  | 994 |  | 994 |  | 587 |  | 0 |
| Pay | Pay | 3-Month AUD-BBR-BBSW | 4.250 | Semi-Annual | 03/19/2030 | AUD | 444100 |  | 3590 |  | 4856 |  | 8446 |  | 0 |  | (127) |
| Pay | Pay | 3-Month EUR-EURIBOR | 2.780 | Annual | 05/02/2029 | EUR | 5830 |  | (9) |  | 170 |  | 161 |  | 0 |  | (6) |
| Pay | Pay | 6-Month EUR-EURIBOR | 0.650 | Annual | 05/11/2027 |  | 26700 |  | (201) |  | (635) |  | (836) |  | 0 |  | (11) |
| Pay | Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/13/2027 |  | 69200 |  | (252) |  | (1351) |  | (1603) |  | 0 |  | (27) |
| Pay | Pay | 6-Month EUR-EURIBOR | 1.000 | Annual | 05/18/2027 |  | 31400 |  | (118) |  | (618) |  | (736) |  | 0 |  | (13) |
| Pay<sup>(8)</sup> | Pay<sup>(8)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2030 |  | 447070 |  | (6443) |  | 5660 |  | (783) |  | 0 |  | (490) |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.220 | Annual | 01/08/2035 |  | 4520 |  | (11) |  | (160) |  | (171) |  | 0 |  | (10) |
| Pay<sup>(8)</sup> | Pay<sup>(8)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 |  | 43800 |  | (2198) |  | 522 |  | (1676) |  | 0 |  | (89) |
| Receive | Receive | 6-Month EUR-EURIBOR | 0.000 | Annual | 03/17/2053 |  | 66010 |  | 6583 |  | 35886 |  | 42469 |  | 169 |  | 0 |
| Receive<sup>(8)</sup> | Receive<sup>(8)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 |  | 96800 |  | 4319 |  | 7534 |  | 11853 |  | 368 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 7.582 | Lunar | 04/02/2030 | MXN | 26000 |  | 0 |  | (5) |  | (5) |  | 9 |  | 0 |
|  |  |  |  |  |  |  |  | $(382) | (382) | $39262 | 39262 | $38880 | 38880 | $1408 | 1408 | $(5832) | (5832) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**84552** | **84552** | $**51390** | **51390** | $**135942** | **135942** | $**4076** | **4076** | $**(6298)** | **(6298)** |
| **(q)** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $355,170 and cash of $20,170 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. | Future styled option variation margin asset of $12 and liability of $(9) is outstanding at period end. |
| <sup>(2)</sup> | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. | Unsettled variation margin asset of $986 for closed futures and unsettled variation margin liability of $(5) for closed swap agreements is outstanding at period end. |
| <sup>(3)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(5)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(7)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(</sup><sup>8)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(r)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 54 | 113 | 155 | 168 | 218 |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 27 | $20 | 20 | $0 | $0 |
|  | 07/2025  | 53269 | 7394 | 7394 | 0 | (56) |
|  | 07/2025  | $4716 | 7260 | 7260 | 62 | 0 |
|  | 07/2025  | 8359 | 7139 | 7139 | 51 | 0 |
|  | 08/2025  | 7260 | $4719 | 4719 | 0 | (62) |
|  | 08/2025  | 88000 | 12251 | 12251 | 0 | (89) |
|  | 08/2025  | 7139 | 8378 | 8378 | 0 | (51) |
|  | 08/2025  | $20 | 27 | 27 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 1083 | 1157 | 1157 | 0 | (2) |
|  | 07/2025  | 214159 | $243510 | 243510 | 0 | (8760) |
|  | 07/2025  | 98811843 | 6057 | 6057 | 0 | (36) |
|  | 07/2025  | 30571 | 8636 | 8636 | 6 | 0 |
|  | 07/2025  | $2213 | 3017217 | 3017217 | 18 | 0 |
|  | 07/2025  | 185 | 1879 | 1879 | 2 | 0 |
|  | 07/2025  | 641 | 1075 | 1075 | 15 | 0 |
|  | 07/2025  | 8492 | 30571 | 30571 | 138 | 0 |
|  | 08/2025  | 10164 | $1421 | 1421 | 0 | (5) |
|  | 08/2025  | 705 | 22 | 22 | 0 | (3) |
|  | 08/2025  | $6685 | 47800 | 47800 | 17 | 0 |
|  | 11/2025  | 30696 | $8492 | 8492 | 0 | (137) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 663 | 121 | 121 | 0 | (1) |
|  | 07/2025  | 811 | 25 | 25 | 0 | 0 |
|  | 07/2025  | 113040 | 3479 | 3479 | 0 | (413) |
|  | 07/2025  | $116 | 663 | 663 | 6 | 0 |
|  | 07/2025  | 1257 | 1084 | 1084 | 20 | 0 |
|  | 07/2025  | 1274 | 20790434 | 20790434 | 8 | 0 |
|  | 07/2025  | 9543 | 13087672 | 13087672 | 137 | 0 |
|  | 07/2025  | 1130 | 37391 | 37391 | 21 | 0 |
|  | 08/2025  | 30745 | $4304 | 4304 | 0 | (7) |
|  | 08/2025  | 97572 | 2346 | 2346 | 0 | (30) |
|  | 08/2025  | 156950 | 4816 | 4816 | 0 | (640) |
|  | 08/2025  | $6738 | 48064 | 48064 | 1 | 0 |
|  | 08/2025  | 13 | 1805 | 1805 | 0 | 0 |
|  | 08/2025  | 148 | 4856 | 4856 | 21 | 0 |
|  | 09/2025  | 3177 | 11519 | 11519 | 68 | 0 |
|  | 10/2025  | 20000 | $3263 | 3263 | 0 | (334) |
|  | 05/2026  | $1831 | 558 | 558 | 0 | (6) |
|  | 06/2026  | 1295 | 395 | 395 | 0 | (1) |
|  | 06/2027  | 800 | 243 | 243 | 0 | (6) |
|  | 05/2029  | 2919 | $10035 | 10035 | 439 | 0 |
|  | 07/2029  | 610 | 2098 | 2098 | 91 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 542 | 506 | 506 | 0 | 0 |
|  | 07/2025  | 643 | 108648 | 108648 | 0 | (2) |
|  | 07/2025  | 7068 | $7989 | 7989 | 0 | (337) |
|  | 07/2025  | 350453 | 2143 | 2143 | 91 | 0 |
|  | 07/2025  | 323 | $86 | 86 | 0 | (3) |
|  | 07/2025  | 277279 | 6813 | 6813 | 0 | (107) |
|  | 07/2025  | $202165 | 148576 | 148576 | 1780 | (2) |
|  | 07/2025  | 385 | 55357 | 55357 | 0 | (1) |
|  | 07/2025  | 5072 | 214739 | 214739 | 271 | 0 |
|  | 07/2025  | 1314085 | $72698 | 72698 | 0 | (1412) |
|  | 08/2025  | 147806 | 201134 | 201134 | 0 | (1782) |
|  | 08/2025  | 108486 | 643 | 643 | 2 | 0 |
|  | 08/2025  | $3886 | 161419 | 161419 | 48 | 0 |
|  | 09/2025  | 414 | 7964 | 7964 | 7 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 76876 | $11708 | 11708 | 0 | (430) |
|  | 07/2025  | 27580 | 7427 | 7427 | 0 | (357) |
|  | 07/2025  | $735 | 2677 | 2677 | 20 | 0 |
|  | 09/2025  | 1059 | 3844 | 3844 | 23 | 0 |
|  | 11/2025  | 37889 | $10206 | 10206 | 0 | (445) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 46 | 33 | 33 | 0 | (1) |
|  | 07/2025  | 416 | 63 | 63 | 0 | (2) |
|  | 07/2025  | 2704884 | 166 | 166 | 0 | (1) |
|  | 07/2025  | 15514168 | 11288 | 11288 | 0 | (187) |
|  | 07/2025  | 30579 | 8359 | 8359 | 0 | (273) |
|  | 07/2025  | 42446 | 1276 | 1276 | 0 | (31) |
|  | 07/2025  | 201760 | 6201 | 6201 | 0 | (745) |
|  | 07/2025  | $1001 | 1534 | 1534 | 8 | 0 |
|  | 07/2025  | 3430 | 3002 | 3002 | 106 | 0 |
|  | 07/2025  | 17238 | 61092 | 61092 | 20 | (15) |
|  | 07/2025  | 452 | 15091 | 15091 | 13 | 0 |
|  | 08/2025  | 16960 | $2359 | 2359 | 0 | (19) |
|  | 08/2025  | 277592 | 8517 | 8517 | 0 | (1133) |
|  | 08/2025  | $6298 | 45574 | 45574 | 93 | 0 |
|  | 08/2025  | 1325 | 4773 | 4773 | 21 | 0 |
|  | 09/2025  | 130973 | $35806 | 35806 | 8 | (1101) |
|  | 11/2025  | 61379 | 16761 | 16761 | 0 | (490) |
|  | 12/2025  | 5523 | 1492 | 1492 | 0 | (60) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | $8808 | 56095 | 56095 | 48 | 0 |
|  | 07/2025  | 251904 | 217140 | 217140 | 3876 | 0 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| 0 | 14 | 54 | 113 | 168 | 218 |
|  | 08/2025  | 8226 | $1148 | 0 | (5) |
|  | 08/2025  | 55959 | 8808 | 0 | (48) |
|  | 08/2025  | 216664 | 251904 | 0 | (3872) |
|  | 09/2025  | 9526 | 2591 | 0 | (92) |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 8794 | 5674 | 0 | (114) |
|  | 07/2025  | 337995 | 59301 | 0 | (2910) |
|  | 07/2025  | 509 | 618 | 0 | (23) |
|  | 07/2025  | 27097 | 3771 | 0 | (19) |
|  | 07/2025  | 8544096 | 58698 | 0 | (634) |
|  | 07/2025  | 72404 | 19692 | 0 | (733) |
|  | 07/2025  | 7095 | 218 | 0 | (1) |
|  | 07/2025  | $61937 | 337995 | 274 | 0 |
|  | 07/2025  | 1244 | 996 | 11 | 0 |
|  | 07/2025  | 11981 | 76242 | 57 | 0 |
|  | 07/2025  | 212894 | 30541334 | 0 | (809) |
|  | 07/2025  | 156 | 262 | 4 | 0 |
|  | 07/2025  | 606 | 2235 | 14 | 0 |
|  | 08/2025  | 992 | $1244 | 0 | (11) |
|  | 08/2025  | 32451 | 4535 | 0 | (16) |
|  | 08/2025  | 76056 | 11980 | 0 | (57) |
|  | 08/2025  | $58698 | 8512675 | 634 | 0 |
|  | 09/2025  | 965208 | $49570 | 0 | (1453) |
|  | 09/2025  | $5406 | 30315 | 89 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 24061 | $740 | 0 | (89) |
|  | 07/2025  | $43 | 1405 | 5 | 0 |
|  | 07/2025  | 5477 | $303 | 0 | (6) |
|  | 08/2025  | 9393 | 1311 | 0 | (6) |
|  | 10/2025  | 21100 | 3331 | 0 | (464) |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | 590721 | 432 | 0 | (5) |
|  | 08/2025  | 9572 | 293 | 0 | (40) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 51339 | 7113 | 0 | (66) |
|  | 07/2025  | 59573 | 9022 | 0 | (383) |
|  | 07/2025  | 1501 | 253339 | 0 | (8) |
|  | 07/2025  | 1338 | $798 | 0 | (18) |
|  | 07/2025  | 3472 | 924 | 0 | (39) |
|  | 07/2025  | 114430 | 3519 | 0 | (421) |
|  | 07/2025  | $215 | 296 | 2 | 0 |
|  | 07/2025  | 702 | 4573 | 20 | 0 |
|  | 07/2025  | 4944 | 80726294 | 34 | 0 |
|  | 07/2025  | 1091 | 4032 | 27 | 0 |
|  | 07/2025  | 15157 | 447701 | 257 | 0 |
|  | 07/2025  | 372597 | $20849 | 0 | (164) |
|  | 08/2025  | 81547 | 11345 | 0 | (90) |
|  | 08/2025  | 252946 | 1501 | 8 | 0 |
|  | 08/2025  | 256384 | $8261 | 0 | (652) |
|  | 08/2025  | $5724 | 40912 | 13 | 0 |
|  | 08/2025  | 27674 | 810155 | 490 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 131873 | $96106 | 0 | (735) |
|  | 07/2025  | 511 | 548 | 2 | 0 |
|  | 07/2025  | 488 | $594 | 0 | (21) |
|  | 07/2025  | 24612 | 3415 | 0 | (27) |
|  | 07/2025  | 1082 | 1008 | 0 | (4) |
|  | 07/2025  | 8577 | $10057 | 0 | (47) |
|  | 07/2025  | 2482 | 663 | 0 | (26) |
|  | 07/2025  | 21307 | 644 | 0 | (12) |
|  | 07/2025  | 53779 | 1650 | 0 | (202) |
|  | 07/2025  | $95789 | 131671 | 904 | 0 |
|  | 07/2025  | 1671 | 1439 | 24 | 0 |
|  | 07/2025  | 10983 | 8091 | 125 | (2) |
|  | 07/2025  | 9325 | 1339693 | 0 | (21) |
|  | 07/2025  | 678 | 22611 | 18 | 0 |
|  | 07/2025  | 1829 | 57962 | 167 | 0 |
|  | 08/2025  | 131452 | $95789 | 0 | (907) |
|  | 08/2025  | 36262 | 5031 | 0 | (54) |
|  | 08/2025  | 107084 | 3303 | 0 | (420) |
|  | 08/2025  | $3409 | 24647 | 47 | 0 |
|  | 08/2025  | 1519 | 1292 | 7 | 0 |
|  | 08/2025  | 67 | 9598 | 0 | 0 |
|  | 08/2025  | 19 | 562 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 1157 | 1079 | 0 | (2) |
|  | 07/2025  | 2873194 | $19713 | 0 | (239) |
|  | 07/2025  | $4776 | 689920 | 15 | 0 |
|  | 07/2025  | 3 | 12 | 0 | 0 |
|  | 08/2025  | 33076 | $4620 | 0 | (18) |
|  | 08/2025  | $19713 | 2862631 | 239 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 08/2025  | 57 | 2393 | 1 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 16905608 | $116607 | 0 | (789) |
|  | 07/2025  | $1 | 1 | 0 | 0 |
|  | 08/2025  | 62085 | $8689 | 0 | (16) |
|  | 08/2025  | 26 | 24 | 0 | 0 |
|  | 08/2025  | 40828 | $1251 | 0 | (168) |
|  | 08/2025  | $5653 | 40927 | 86 | 0 |
|  | 08/2025  | 222 | 31890 | 1 | 0 |
|  | 08/2025  | 484 | 15941 | 70 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 107 | 114 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 8 | 14 | 31 | 54 | 67 | 92 | 100 | 113 | 117 | 153 | 167 | 168 | 184 | 207 | 217 | 223 |
|  |  | 07/2025  | 07/2025  | 4742129 | 4742129 | 4742129 | $ | 32852 | 32852 | 32852 |  | 0 | 0 | 0 |  | (79) |
|  |  | 08/2025  | 08/2025  | 114 | 114 | 114 | CHF | 106 | 106 | 106 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $32852 | 32852 | 32852 | JPY | 4724728 | 4724728 | 4724728 |  | 79 | 79 | 79 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 21 | 21 | 21 | $ | 15 | 15 | 15 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 154721 | 154721 | 154721 |  | 209495 | 209495 | 209495 |  | 0 | 0 | 0 |  | (2883) |
|  |  | 07/2025  | 07/2025  | $57665 | 57665 | 57665 | BRL | 337255 | 337255 | 337255 |  | 4409 | 4409 | 4409 |  | 0 |
|  |  | 08/2025  | 08/2025  | 15 | 15 | 15 | CAD | 21 | 21 | 21 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 602 | 602 | 602 | TWD | 17601 | 17601 | 17601 |  | 10 | 10 | 10 |  | 0 |
|  |  | 12/2025  | 12/2025  | 15370 | 15370 | 15370 | $ | 4156 | 4156 | 4156 |  | 0 | 0 | 0 |  | (162) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 877 | 877 | 877 | EUR | 935 | 935 | 935 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | 07/2025  | 1879 | 1879 | 1879 | $ | 185 | 185 | 185 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 3434 | 3434 | 3434 |  | 103 | 103 | 103 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | $3110 | 3110 | 3110 | JPY | 450162 | 450162 | 450162 |  | 16 | 16 | 16 |  | 0 |
|  |  | 08/2025  | 08/2025  | 935 | 935 | 935 | CHF | 875 | 875 | 875 |  | 4 | 4 | 4 |  | 0 |
|  |  | 08/2025  | 08/2025  | $2893 | 2893 | 2893 | CNH | 20998 | 20998 | 20998 |  | 52 | 52 | 52 |  | 0 |
|  |  | 09/2025  | 09/2025  | 886 | 886 | 886 | MXN | 17183 | 17183 | 17183 |  | 22 | 22 | 22 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**15793** | **15793** | **15793** | **$** | $**(39663)** | **(39663)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Buy | 98.000% | 98.000% | 98.000% | 09/17/2025 | 538400 | 538400 | 538400 | $6165 | 6165 | $ | $717 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BPS | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.500% | 2.500% | 2.500% | 04/29/2026 | 499300 | 499300 | 499300 | $2352 | 2352 | $ | $1494 |
| FAR | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.000 | 2.000 | 2.000 | 04/29/2026 | 583000 | 583000 | 583000 | 1603 | 1603 |  | 892 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $3955 | 3955 | $ | $2386 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**10120** | **10120** | **$** | $**3103** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850% | 0.850% | 0.850% | 07/16/2025 | 20300 | 20300 | 20300 | $(28) | (28) | $ | $(1) |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.900 | 0.900 | 0.900 | 07/16/2025 | 40600 | 40600 | 40600 | (46) | (46) |  | (3) |
| JPM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 1.000 | 1.000 | 1.000 | 07/16/2025 | 19300 | 19300 | 19300 | (20) | (20) |  | (1) |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850 | 0.850 | 0.850 | 07/16/2025 | 21000 | 21000 | 21000 | (26) | (26) |  | (2) |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.900 | 0.900 | 0.900 | 07/16/2025 | 18700 | 18700 | 18700 | (22) | (22) |  | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $(142) | (142) | $ | $(8) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 3.770% | 3.770% | 07/09/2025 | 9100 | 9100 | 9100 | $(29) | (29) | $ | $(83) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 4.120 | 4.120 | 07/09/2025 | 9100 | 9100 | 9100 | (29) | (29) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.637 | 3.637 | 3.637 | 07/18/2025 | 9700 | 9700 | 9700 | (31) | (31) |  | (49) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.037 | 4.037 | 4.037 | 07/18/2025 | 9700 | 9700 | 9700 | (31) | (31) |  | (4) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 3.700 | 3.700 | 07/21/2025 | 8900 | 8900 | 8900 | (28) | (28) |  | (69) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 4.050 | 4.050 | 07/21/2025 | 8900 | 8900 | 8900 | (28) | (28) |  | (4) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 3.555 | 3.555 | 07/24/2025 | 8900 | 8900 | 8900 | (28) | (28) |  | (32) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 3.905 | 3.905 | 07/24/2025 | 8900 | 8900 | 8900 | (28) | (28) |  | (17) |
| BPS | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 1.500 | 1.500 | 1.500 | 04/29/2026 | 499300 | 499300 | 499300 | (749) | (749) |  | (387) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.605 | 3.605 | 3.605 | 07/23/2025 | 9400 | 9400 | 9400 | (34) | (34) |  | (44) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.955 | 3.955 | 3.955 | 07/23/2025 | 9400 | 9400 | 9400 | (31) | (31) |  | (11) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.564 | 3.564 | 3.564 | 07/24/2025 | 8800 | 8800 | 8800 | (29) | (29) |  | (34) |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 8 | 31 | 77 | 101 | 117 | 153 | 184 | 223 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.914 | 07/24/2025 | 8800 | (27) | (15) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Receive | 2.380 | 07/03/2025 | 4000 | (11) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | 2.640 | 07/03/2025 | 4000 | (11) | (5) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Receive | 2.460 | 07/16/2025 | 5600 | (17) | (6) |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | 2.720 | 07/16/2025 | 5600 | (17) | (9) |
| FAR | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.750 | 07/03/2025 | 11400 | (43) | (78) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.100 | 07/03/2025 | 11400 | (43) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.790 | 07/09/2025 | 11100 | (36) | (116) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.140 | 07/09/2025 | 11100 | (36) | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.680 | 07/07/2025 | 4700 | (17) | (18) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.775 | 07/07/2025 | 9600 | (30) | (85) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.030 | 07/07/2025 | 4700 | (17) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.125 | 07/07/2025 | 9600 | (30) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.653 | 07/14/2025 | 11800 | (35) | (51) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.053 | 07/14/2025 | 11800 | (35) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.695 | 07/17/2025 | 9300 | (27) | (65) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.095 | 07/17/2025 | 9300 | (27) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.583 | 07/23/2025 | 4600 | (16) | (19) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.933 | 07/23/2025 | 4600 | (16) | (6) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.525 | 07/28/2025 | 8700 | (29) | (29) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.875 | 07/28/2025 | 8700 | (29) | (22) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.555 | 07/30/2025 | 8400 | (26) | (35) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.905 | 07/30/2025 | 8400 | (26) | (20) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.772 | 07/10/2025 | 9300 | (30) | (89) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.122 | 07/10/2025 | 9300 | (30) | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.715 | 07/02/2025 | 10100 | (36) | (42) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.065 | 07/02/2025 | 10100 | (36) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.725 | 07/03/2025 | 9000 | (34) | (48) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.075 | 07/03/2025 | 9000 | (34) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.669 | 07/07/2025 | 9000 | (34) | (30) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.019 | 07/07/2025 | 9000 | (34) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.664 | 07/14/2025 | 12800 | (38) | (61) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.064 | 07/14/2025 | 12800 | (38) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.697 | 07/16/2025 | 8800 | (25) | (59) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.097 | 07/16/2025 | 8800 | (25) | (1) |
| NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.545 | 07/28/2025 | 11800 | (38) | (44) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.895 | 07/28/2025 | 11800 | (38) | (26) |
|  |  |  |  |  |  |  | $(2146) | $(1719) |
| **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** | **OPTIONS** **ON SECURITIES** |
| Counterparty | Description | Description | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| SAL | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | $92.469 | 07/07/2025 | 07/07/2025 | 5400 | $(30) | $0 |

---

------

<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 5 | 7 | 16 | 17 | 47 | 50 | 56 | 71 | 73 | 89 | 98 | 110 | 133 | 139 | 161 | 174 | 187 | 206 | 212 | 223 | 226 | 237 |
|  |  |  |  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  |  |  | 96.469 | 96.469 | 07/07/2025 |  |  | 5400 |  | (25) | (25) | (25) | (2) | (2) | (2) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (55) | (55) | (55) | $(2) | (2) | (2) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(2343)** | **(2343)** | **(2343)** | $**(1729)** | **(1729)** | **(1729)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset | Asset | Liability |
| BRC | BRC | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | NextEra Energy Capital Holdings, Inc.  | 1.000% | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.162% | 0.162% | $6000 | 6000 | 131 | 131 | (106) | $ | 25 | 25 | 25 | 0 |
| CBK | CBK | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.508 | 0.508 | 800 | 800 | (32) | (32) | 36 |  | 4 | 4 | 4 | 0 |
| DUB | DUB | Petroleos Mexicanos « | Petroleos Mexicanos « | Petroleos Mexicanos « | Petroleos Mexicanos « | 4.750 | Monthly | Monthly | 07/06/2026 | 07/06/2026 | 07/06/2026 | -◆ | -◆ | 5200 | 5200 | 0 | 0 | 28 |  | 28 | 28 | 28 | 0 |
| GST | GST | Equinix, Inc.  | Equinix, Inc.  | Equinix, Inc.  | Equinix, Inc.  | 5.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 0.720 | 0.720 | 5800 | 5800 | 811 | 811 | (330) |  | 481 | 481 | 481 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 0.538 | 0.538 | 2600 | 2600 | (11) | (11) | 35 |  | 24 | 24 | 24 | 0 |
|  |  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 1.490 | 1.490 | 3500 | 3500 | (30) | (30) | 15 |  | 0 | 0 | 0 | (15) |
| JPM | JPM | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 06/20/2026 | 0.401 | 0.401 | 3800 | 3800 | (30) | (30) | 53 |  | 23 | 23 | 23 | 0 |
| MYC | MYC | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | Brazil Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 06/20/2027 | 0.661 | 0.661 | 12100 | 12100 | (749) | (749) | 831 |  | 82 | 82 | 82 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.291 | 0.291 | 600 | 600 | (8) | (8) | 10 |  | 2 | 2 | 2 | 0 |
|  |  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | Mexico Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 12/20/2026 | 0.493 | 0.493 | 9700 | 9700 | 27 | 27 | 47 |  | 74 | 74 | 74 | 0 |
|  |  | Post Holdings, Inc. « | Post Holdings, Inc. « | Post Holdings, Inc. « | Post Holdings, Inc. « | 1.900 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 12/20/2025 | 0.000 | 0.000 | 10000 | 10000 | 0 | 0 | 84 |  | 84 | 84 | 84 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 109 | 109 | 703 | $ | 827 | 827 | 827 | (15) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| GST | GST | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500% | 0.500% | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 1200 | 1200 | (36) | (36) | 41 | $ | 5 | 5 | $ | 0 |
| MYC | MYC | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 4200 | 4200 | (124) | (124) | 142 |  | 18 | 18 |  | 0 |
| SAL | SAL | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 2800 | 2800 | (80) | (80) | 92 |  | 12 | 12 |  | 0 |
|  |  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | CMBX.NA.AAA.12 Index  | 0.500 | 0.500 | Monthly | Monthly | 08/17/2061 | 08/17/2061 | 6600 | 6600 | (8) | (8) | 43 |  | 35 | 35 |  | 0 |
| UAG | UAG | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | CMBX.NA.AAA.10 Index  | 0.500 | 0.500 | Monthly | Monthly | 11/17/2059 | 11/17/2059 | 1800 | 1800 | (52) | (52) | 60 |  | 8 | 8 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (300) | (300) | 378 | $ | 78 | 78 | 78 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | &nbsp;&nbsp; BOA | Pay | Pay | CPURNSA | 1.730% | 1.730% | 1.730% | Maturity | Maturity | 08/26/2025 | 08/26/2025 | 08/26/2025 | 5500 | 5500 | $0 | 0 | $898 | 898 | $898 | 898 | 898 | $0 |
| **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** | **TOTAL RETURN SWAPS ON INDEXES** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> | <u>Swap Agreements, at Value</u> |
| &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | &nbsp;&nbsp; Counterparty | Pay/Receive<sup>(6)</sup> | Pay/Receive<sup>(6)</sup> | Underlying<br>Reference | # of Units | # of Units | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | &nbsp;&nbsp; Financing Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | &nbsp;&nbsp; JPM | Pay | iBoxx USD Liquid Investment Grade Index  | iBoxx USD Liquid Investment Grade Index  | 542784 | &nbsp;&nbsp; 3.630% (FEDL01 less a specified spread) | &nbsp;&nbsp; 3.630% (FEDL01 less a specified spread) | &nbsp;&nbsp; 3.630% (FEDL01 less a specified spread) | &nbsp;&nbsp; 3.630% (FEDL01 less a specified spread) | Monthly | Monthly | 09/24/2025 | 59495 | 59495 | 0 | 0 | 136 | $ | 136 | 136 | 136 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(191)** | **(191)** | **2115** | **$** | **1939** | **1939** | **1939** | **(15)** |
| **(s)** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $15,363 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| ◆ | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. | Implied credit spread is not available due to significant unobservable inputs being used in the fair valuation. |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(</sup><sup>3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 76 | 88 | 116 | 132 | 146 | 167 | 173 | 192 | 207 | 224 |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. | Receive represents that the Fund receives payments for any positive net return on the underlying reference. The Fund makes payments for any negative net return on such underlying reference. Pay represents that the Fund receives payments for any negative net return on the underlying reference. The Fund makes payments for any positive net return on such underlying reference. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | $1999 | 1999 | $95018 | 95018 | $ | $97017 | 97017 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 0 | 0 | 4023237 | 4023237 | 26950 | 26950 |  | 4050187 | 4050187 |
| Industrials | Industrials | 0 | 0 | 3401364 | 3401364 | 31491 | 31491 |  | 3432855 | 3432855 |
| Utilities | Utilities | 0 | 0 | 1077795 | 1077795 | 0 | 0 |  | 1077795 | 1077795 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| Arizona | Arizona | 0 | 0 | 8290 | 8290 | 0 | 0 |  | 8290 | 8290 |
| Florida | Florida | 0 | 0 | 5137 | 5137 | 0 | 0 |  | 5137 | 5137 |
| Texas | Texas | 0 | 0 | 17890 | 17890 | 0 | 0 |  | 17890 | 17890 |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 1282326 | 1282326 | 2051 | 2051 |  | 1284377 | 1284377 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 886930 | 886930 | 0 | 0 |  | 886930 | 886930 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 220037 | 220037 | 36470 | 36470 |  | 256507 | 256507 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| CMBS Other | CMBS Other | 0 | 0 | 49284 | 49284 | 0 | 0 |  | 49284 | 49284 |
| Home Equity Other | Home Equity Other | 0 | 0 | 171697 | 171697 | 0 | 0 |  | 171697 | 171697 |
| Home Equity Sequential | Home Equity Sequential | 0 | 0 | 24 | 24 | 0 | 0 |  | 24 | 24 |
| Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 2162 | 2162 | 0 | 0 |  | 2162 | 2162 |
| Other ABS | Other ABS | 0 | 0 | 347323 | 347323 | 0 | 0 |  | 347323 | 347323 |
| Sovereign Issues | Sovereign Issues | 0 | 0 | 634014 | 634014 | 0 | 0 |  | 634014 | 634014 |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Communication Services | Communication Services | 98 | 98 | 0 | 0 | 0 | 0 |  | 98 | 98 |
| Financials | Financials | 0 | 0 | 0 | 0 | 40 | 40 |  | 40 | 40 |
| Industrials | Industrials | 0 | 0 | 0 | 0 | 3936 | 3936 |  | 3936 | 3936 |
| Materials | Materials | 211 | 211 | 0 | 0 | 0 | 0 |  | 211 | 211 |
| Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities | Convertible Preferred Securities |
| Banking & Finance | Banking & Finance | 9100 | 9100 | 0 | 0 | 0 | 0 |  | 9100 | 9100 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | Banking & Finance | 30499 | 30499 | 437194 | 437194 | 0 | 0 |  | 467693 | 467693 |
| Industrials | Industrials | 0 | 0 | 9844 | 9844 | 0 | 0 |  | 9844 | 9844 |
| Utilities | Utilities | 0 | 0 | 11183 | 11183 | 0 | 0 |  | 11183 | 11183 |
| Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts | Real Estate Investment Trusts |
| Real Estate | Real Estate | 11437 | 11437 | 0 | 0 | 0 | 0 |  | 11437 | 11437 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 0 | 0 | 34567 | 34567 | 0 | 0 |  | 34567 | 34567 |
| Repurchase Agreements | Repurchase Agreements | 0 | 0 | 321300 | 321300 | 0 | 0 |  | 321300 | 321300 |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 6937 | 6937 | 0 | 0 |  | 6937 | 6937 |
|  |  | $51345 | 51345 | $12950534 | 12950534 | $195956 | 195956 | $ | $13197835 | 13197835 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $566381 | 566381 | $0 | 0 | $0 | 0 | $ | $566381 | 566381 |
| Total Investments | Total Investments | $617726 | 617726 | $12950534 | 12950534 | $195956 | 195956 | $ | $13764216 | 13764216 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 771 | 771 | 18214 | 18214 | 0 | 0 |  | 18985 | 18985 |
| Over the counter | Over the counter | 0 | 0 | 20723 | 20723 | 112 | 112 |  | 20835 | 20835 |
|  |  | $771 | 771 | $38937 | 38937 | $112 | 112 | $ | $39820 | 39820 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (359) | (359) | (7381) | (7381) | 0 | 0 |  | (7740) | (7740) |
| Over the counter | Over the counter | 0 | 0 | (41407) | (41407) | 0 | 0 |  | (41407) | (41407) |
|  |  | $(359) | (359) | $(48788) | (48788) | $0 | 0 | $ | $(49147) | (49147) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $412 | 412 | $(9851) | (9851) | $112 | 112 | $ | $(9327) | (9327) |
| Totals | Totals | $618138 | 618138 | $12940683 | 12940683 | $196068 | 196068 | $ | $13754889 | 13754889 |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(2)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(2)</sup> |

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<br> Schedule of Investments PIMCO Investment Grade Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 1 | 3 | 11 | 12 | 30 | 45 | 49 | 83 | 105 | 124 | 179 | 193 | 201 | 209 | 230 | 234 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $66400 | 66400 | 27000 | $ | $(749) | $8 | $1 | $2358 | $0 | 0 | $ | 95018 | $ | 2316 |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Banking & Finance | Banking & Finance |  | 25667 | 19920 |  | (18700) | (2) | 0 | 65 | 0 | 0 |  | 26950 |  | 223 |
| Industrials | Industrials |  | 6203 | 26300 |  | (245) | 0 | 0 | 180 | (947) | (947) |  | 31491 |  | 180 |
| U.S. Government Agencies | U.S. Government Agencies | 2099 | 2099 | 0 |  | (21) | 2 | 7 | (36) | 0 | 0 |  | 2051 |  | (36) |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 37238 | 37238 | 0 |  | (1124) | 16 | 56 | 284 | 0 | 0 |  | 36470 |  | 289 |
| Common Stocks | Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financials | Financials |  | 57 | 0 |  | 0 | 0 | 0 | (17) | 0 | 0 |  | 40 |  | (17) |
| Industrials | Industrials |  | 4869 | 0 |  | 0 | 0 | 0 | (933) | 0 | 0 |  | 3936 |  | (933) |
|  |  | $142533 | 142533 | 73220 | $ | $(20839) | $24 | $64 | $1901 | $(947) | (947) | $ | 195956 | $ | 2022 |
| **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** | **Financial Derivative Instruments - Assets** |
| Over the counter | Over the counter | $161 | 161 | 5 | $ | $(5) | $0 | $0 | $(49) | $0 | 0 | $ | 112 | $ | (43) |
| Totals | Totals | $142694 | 142694 | 73225 | $ | $(20844) | $24 | $64 | $1852 | $(947) | (947) | $ | 196068 | $ | 1979 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $34806 | 34806 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 - 8.298 | 3.327 - 8.298 | 3.327 - 8.298 | 4.719 | 4.719 |
|  |  |  |  | 18651 | 18651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 94.460 | 94.460 | 94.460 |  |  |
|  |  |  |  | 34206 | 34206 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000 | 100.000 | 100.000 |  |  |
|  |  |  |  | 7355 | 7355 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 39.500 - 101.000 | 39.500 - 101.000 | 39.500 - 101.000 | 96.228 | 96.228 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 25473 | 25473 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.620 - 7.220 | 4.620 - 7.220 | 4.620 - 7.220 | 5.893 | 5.893 |
|  |  |  |  | 1291 | 1291 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 93.500 | 93.500 | 93.500 |  |  |
|  |  |  |  | 186 | 186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | 6.000 | 6.000 | 6.000 |  |  |
| Industrials | Industrials | Industrials | Industrials | 5080 | 5080 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.944 | 4.944 | 4.944 |  |  |
|  |  |  |  | 26411 | 26411 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy Pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 100.000 | 100.000 | 100.000 |  |  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 2051 | 2051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 11.474 | 11.474 | 11.474 |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 27744 | 27744 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 5.396 | 5.396 | 5.396 |  |  |
|  |  |  |  | 8726 | 8726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | $7.252 | 7.252 | 7.252 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Financials | Financials | Financials | Financials | 40 | 40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $4.000 | 4.000 | 4.000 |  |  |
| Industrials | Industrials | Industrials | Industrials | 3936 | 3936 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.625 - 20.500 | 0.625 - 20.500 | 0.625 - 20.500 | 19.829 | 19.829 |
| **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** | **Financial Derivative Instruments** **- Assets** |
| Over the counter | Over the counter | Over the counter | Over the counter | 112 | 112 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 0.197 - 0.785 | 0.197 - 0.785 | 0.197 - 0.785 | 0.717 | 0.717 |
| Total | Total | Total | Total | $196068 | 196068 |  |  |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. | Net Purchases and Settlements for Financial Derivative Instruments may include payments made or received upon entering into swap agreements to compensate for differences between the stated terms of the swap agreement and prevailing market conditions. |
| <sup>(2)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |

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| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 153.2% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.8%**  |  |  |
| **Citadel Securities LP**<br>6.327% (TSFR1M + 2.000%) due 10/31/2031 ~ | $1872 | $1881 |
| **Databricks, Inc.**  |  |  |
| TBD% - 1.000% due 01/03/2031 «µ | 430 | 434 |
| 8.816% (TSFR1M + 4.500%) due 01/03/2031 «~ | 1941 | 1961 |
| **Jane Street Group LLC**<br>6.333% (TSFR3M + 2.000%) due 12/15/2031 ~ | 2084 | 2084 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(j) | 700 | 700 |
| **Quikrete Holdings, Inc.**  |  |  |
| 6.577% (TSFR1M + 2.250%) due 03/19/2029 ~ | 1059 | 1060 |
| 6.577% (TSFR1M + 2.250%) due 02/10/2032 ~ | 1397 | 1396 |
| **Telecom Serbia**<br>3.399% (EUR003M + 1.350%) due 06/11/2029 «~ | 5000 | 5850 |
| **UKG, Inc.**<br>7.311% (TSFR1M + 3.000%) due 02/10/2031 ~ | $594 | 597 |
| **Vistra Zero Operating Co. LLC**<br>6.327% (TSFR1M + 2.000%) due 04/30/2031 ~ | 1692 | 1672 |
| Total Loan Participations and Assignments (Cost $17,100) |  | 17635 |
| **CORPORATE BONDS & NOTES 48.1%**  |  |  |
| **BANKING & FINANCE 18.9%**  |  |  |
| **Abu Dhabi Developmental Holding Co. PJSC** <br>5.375% due 05/08/2029 | 1700 | 1752 |
| **Accident Fund Insurance Co. of America** <br>8.500% due 08/01/2032 | 2000 | 1997 |
| **AerCap Ireland Capital DAC**  |  |  |
| 3.300% due 01/30/2032  | 1000 | 907 |
| 3.850% due 10/29/2041  | 367 | 294 |
| 3.875% due 01/23/2028  | 1000 | 983 |
| **Aircastle Ltd.** <br>2.850% due 01/26/2028 | 2010 | 1914 |
| **Ally Financial, Inc.** <br>5.737% due 05/15/2029 •  | 700 | 713 |
| **American Express Co.**  |  |  |
| 3.433% due 05/20/2032 •  | 1600 | 1902 |
| 5.016% due 04/25/2031 •  | $800 | 817 |
| 5.667% due 04/25/2036 •  | 500 | 518 |
| **American Financial Group, Inc.** <br>4.500% due 06/15/2047 | 7400 | 5984 |
| **American Homes 4 Rent LP** <br>3.625% due 04/15/2032 | 1800 | 1662 |
| **American Tower Corp.**  |  |  |
| 1.875% due 10/15/2030  | 1740 | 1513 |
| 2.100% due 06/15/2030  | 1550 | 1377 |
| 2.900% due 01/15/2030  | 300 | 280 |
| 2.950% due 01/15/2051  | 2800 | 1775 |
| 5.550% due 07/15/2033  | 3500 | 3612 |
| **Arch Capital Group Ltd.** <br>3.635% due 06/30/2050 | 4900 | 3576 |
| **Ares Capital Corp.** <br>2.150% due 07/15/2026 | 1500 | 1462 |
| **Ares Finance Co. LLC** <br>3.650% due 02/01/2052 | 3100 | 2151 |
| **Ares Strategic Income Fund** <br>5.800% due 09/09/2030 | 1600 | 1606 |
| **Arthur J Gallagher & Co.** <br>5.550% due 02/15/2055 | 2100 | 2016 |
| **Athene Global Funding**  |  |  |
| 5.516% due 03/25/2027  | 1200 | 1221 |
| 5.583% due 01/09/2029  | 3500 | 3599 |
| **Aviation Capital Group LLC**  |  |  |
| 4.125% due 08/01/2025  | 1200 | 1199 |
| 6.375% due 07/15/2030  | 3500 | 3716 |
| **Banco BTG Pactual SA** <br>5.750% due 01/22/2030 | 1400 | 1401 |
| **Bank Leumi Le-Israel BM** <br>7.129% due 07/18/2033 •(h) | 1000 | 1027 |
| **Bank of America Corp.** <br>5.819% due 09/15/2029 •  | 3300 | 3438 |

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| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

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| | | |
|:---|:---|:---|
| **Bank** **of Nova Scotia** <br>4.740% due 11/10/2032 •  | 1600 | 1599 |
| **Barclays PLC**  |  |  |
| 2.894% due 11/24/2032 •  | 2300 | 2036 |
| 6.224% due 05/09/2034 •  | 2900 | 3079 |
| 6.692% due 09/13/2034 •  | 600 | 655 |
| **Blackstone Holdings Finance Co. LLC**  |  |  |
| 2.000% due 01/30/2032  | 2300 | 1937 |
| 2.850% due 08/05/2051  | 2800 | 1699 |
| **Blackstone Secured Lending Fund** <br>2.850% due 09/30/2028 | 230 | 214 |
| **Blue Owl Capital Corp.** <br>2.875% due 06/11/2028 | 3800 | 3541 |
| **Blue Owl Finance LLC**  |  |  |
| 3.125% due 06/10/2031  | 4408 | 3916 |
| 4.375% due 02/15/2032  | 200 | 187 |
| **BNP Paribas SA**  |  |  |
| 5.283% due 11/19/2030 •  | 1000 | 1019 |
| 5.786% due 01/13/2033 •  | 1000 | 1041 |
| **BPCE SA** <br>7.003% due 10/19/2034 •  | 13450 | 14783 |
| **Brookfield Asset Management Ltd.** <br>5.795% due 04/24/2035 | 700 | 719 |
| **Brookfield Finance LLC** <br>3.450% due 04/15/2050 | 50 | 34 |
| **Brookfield Finance U.K. PLC** <br>2.340% due 01/30/2032 | 5190 | 4416 |
| **Brookfield Finance, Inc.**  |  |  |
| 3.500% due 03/30/2051  | 6100 | 4143 |
| 3.625% due 02/15/2052  | 800 | 554 |
| 4.700% due 09/20/2047  | 5500 | 4701 |
| **Brown & Brown, Inc.**  |  |  |
| 5.550% due 06/23/2035  | 800 | 816 |
| 5.650% due 06/11/2034  | 1650 | 1696 |
| **CaixaBank SA**  |  |  |
| 6.037% due 06/15/2035 •  | 900 | 942 |
| 6.840% due 09/13/2034 •  | 3900 | 4286 |
| **Cape Lookout Re Ltd.** <br>12.996% due 04/05/2027 ~ | 2700 | 2739 |
| **Carlyle Finance LLC** <br>5.650% due 09/15/2048 | 6000 | 5713 |
| **CBRE Services, Inc.** <br>5.950% due 08/15/2034 | 2600 | 2739 |
| **Charles River Re Ltd.** <br>11.044% due 05/10/2031 •  | 250 | 254 |
| **CI Financial Corp.** <br>7.500% due 05/30/2029 | 150 | 158 |
| **Citizens Financial Group, Inc.**  |  |  |
| 5.253% due 03/05/2031 •  | 2400 | 2433 |
| 5.718% due 07/23/2032 •  | 3000 | 3105 |
| **Community Preservation Corp.** <br>2.867% due 02/01/2030 | 1980 | 1822 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | 1500 | 1358 |
| **Credicorp Capital Sociedad Titulizadora SA** <br>9.700% due 03/05/2045 « | 2000 | 590 |
| **CTR Partnership LP** <br>3.875% due 06/30/2028 | $100 | 96 |
| **Dai-ichi Life Insurance Co. Ltd.** <br>6.200% due 01/16/2035 •(g) | 1200 | 1214 |
| **Danske Bank AS** <br>4.375% due 06/12/2028 | 7100 | 7083 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 5000 | 4454 |
| **East Lane Re Ltd.** <br>13.544% due 03/31/2026 ~ | 2100 | 2127 |
| **EPR Properties**  |  |  |
| 3.750% due 08/15/2029  | 900 | 857 |
| 4.500% due 06/01/2027  | 600 | 597 |
| 4.950% due 04/15/2028  | 600 | 599 |
| **EQT AB** <br>5.850% due 05/08/2035 | 2200 | 2246 |
| **Equinix, Inc.** <br>3.400% due 02/15/2052 | 1900 | 1275 |
| **Equitable Holdings, Inc.** <br>5.000% due 04/20/2048 | 3393 | 2997 |
| **Essex Portfolio LP** <br>5.375% due 04/01/2035 | 600 | 609 |
| **Extra Space Storage LP**  |  |  |
| 2.350% due 03/15/2032  | 400 | 340 |
| 5.500% due 07/01/2030  | 2000 | 2075 |
| **F&G Global Funding** <br>5.875% due 01/16/2030 | 1000 | 1029 |
| **Fairfax Financial Holdings Ltd.** <br>6.100% due 03/15/2055 | 2300 | 2255 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Farmers** **Insurance Exchange** <br>4.747% due 11/01/2057 •  | 3300 | 2703 |
| **Fish Pond Re Ltd.** <br>8.328% due 01/08/2027 ~ | 2700 | 2748 |
| **FMR LLC** <br>5.150% due 02/01/2043 | 11300 | 10732 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 6.054% due 11/05/2031  | 1000 | 995 |
| 6.800% due 05/12/2028  | 5900 | 6099 |
| 6.950% due 06/10/2026  | 1700 | 1724 |
| **Freedom Mortgage Corp.** <br>12.000% due 10/01/2028 | 2300 | 2475 |
| **FS KKR Capital Corp.**  |  |  |
| 3.125% due 10/12/2028  | 1800 | 1651 |
| 3.250% due 07/15/2027  | 2200 | 2110 |
| **GA Global Funding Trust**  |  |  |
| 1.950% due 09/15/2028  | 1400 | 1293 |
| 2.250% due 01/06/2027  | 1600 | 1545 |
| 2.900% due 01/06/2032  | 1600 | 1400 |
| **Global Atlantic Fin Co.** <br>3.125% due 06/15/2031 | 1500 | 1333 |
| **GLP Capital LP** <br>6.250% due 09/15/2054 | 721 | 704 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.615% due 04/22/2032 •  | 6000 | 5335 |
| 5.218% due 04/23/2031 •  | 2300 | 2358 |
| 5.330% due 07/23/2035 •  | 2700 | 2725 |
| 5.536% due 01/28/2036 •  | 2000 | 2052 |
| **Golub Capital BDC, Inc.** <br>7.050% due 12/05/2028 | 2800 | 2941 |
| **Goodman U.S. Finance Four LLC** <br>4.500% due 10/15/2037 | 7400 | 6765 |
| **Hardwood Funding LLC** <br>5.330% due 06/07/2035 «(j) | 900 | 912 |
| **HPS Corporate Lending Fund** <br>5.850% due 06/05/2030 | 2100 | 2096 |
| **HSBC Holdings PLC** <br>7.390% due 11/03/2028 •  | 1596 | 1695 |
| **Indian Railway Finance Corp. Ltd.** <br>3.570% due 01/21/2032 | 2200 | 2025 |
| **ING Groep NV** <br>6.114% due 09/11/2034 •  | 7619 | 8103 |
| **Intercontinental Exchange, Inc.** <br>3.000% due 09/15/2060 | 4000 | 2425 |
| **Intesa Sanpaolo SpA**  |  |  |
| 7.200% due 11/28/2033  | 1900 | 2135 |
| 8.248% due 11/21/2033 •  | 2289 | 2658 |
| **Invitation Homes Operating Partnership LP** <br>5.450% due 08/15/2030 | 3100 | 3212 |
| **Israel Discount Bank Ltd.** <br>5.375% due 01/26/2028 | 2900 | 2905 |
| **JAB Holdings BV**  |  |  |
| 3.750% due 05/28/2051  | 2750 | 1818 |
| 4.500% due 04/08/2052  | 300 | 228 |
| **Jackson National Life Global Funding**  |  |  |
| 4.600% due 10/01/2029  | 1400 | 1398 |
| 5.550% due 07/02/2027  | 1300 | 1327 |
| **Jones Lang LaSalle, Inc.** <br>6.875% due 12/01/2028 | 2150 | 2309 |
| **JPMorgan Chase & Co.**  |  |  |
| 5.140% due 01/24/2031 •  | 2000 | 2051 |
| 5.572% due 04/22/2036 •  | 4300 | 4458 |
| **Kilroy Realty LP** <br>2.650% due 11/15/2033 | 200 | 157 |
| **Kizuna RE Pte. Ltd.** <br>7.044% due 04/09/2029 ~ | 490 | 499 |
| **KKR Group Finance Co. LLC** <br>3.250% due 12/15/2051 | 2500 | 1606 |
| **Ladder Capital Finance Holdings LLLP** <br>5.500% due 08/01/2030 (b) | 300 | 302 |
| **Lazard Group LLC** <br>4.375% due 03/11/2029 | 1800 | 1779 |
| **Lehman Brothers Holdings, Inc.** <br>7.000% due 09/27/2027 ^(c) | 1200 | 1 |
| **Lloyds Banking Group PLC** <br>5.985% due 08/07/2027 •  | 1700 | 1726 |
| **Longleaf Pine Re Ltd.** <br>21.794% due 05/27/2031 ~ | 900 | 928 |
| **LPL Holdings, Inc.** <br>5.150% due 06/15/2030 | 1000 | 1013 |
| **Marex Group PLC** <br>5.829% due 05/08/2028 | 800 | 811 |
| **Marsh & McLennan Cos., Inc.** <br>4.750% due 03/15/2039 | 712 | 678 |
| **Meiji Yasuda Life Insurance Co.** <br>6.100% due 06/11/2055 •  | 1200 | 1201 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley**  |  |  |
| 0.000% due 04/02/2032 þ(j)  | 3700 | 2568 |
| 4.654% due 10/18/2030 •  | 3000 | 3006 |
| 5.042% due 07/19/2030 •  | 2300 | 2340 |
| **Morgan Stanley Direct Lending Fund** <br>4.500% due 02/11/2027 | 800 | 795 |
| **National Health Investors, Inc.** <br>3.000% due 02/01/2031 | 460 | 409 |
| **National Securities Clearing Corp.** <br>4.900% due 06/26/2029 | 4000 | 4097 |
| **Nationstar Mortgage Holdings, Inc.** <br>5.750% due 11/15/2031 | 5700 | 5793 |
| **Nationwide Building Society** <br>6.557% due 10/18/2027 •  | 6100 | 6256 |
| **Nationwide Financial Services, Inc.** <br>3.900% due 11/30/2049 | 4000 | 2991 |
| **NatWest Group PLC** <br>4.892% due 05/18/2029 •  | 6300 | 6365 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 1467 | 1553 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 2.000% due 03/09/2026  | 450 | 439 |
| 2.450% due 09/15/2028  | 170 | 151 |
| **Nomura Holdings, Inc.**  |  |  |
| 4.904% due 07/01/2030 (b)  | 200 | 201 |
| 5.783% due 07/03/2034  | 1700 | 1759 |
| 7.000% due 07/15/2030 •(b)(g)(h)  | 2300 | 2332 |
| **OneMain Finance Corp.** <br>3.500% due 01/15/2027 | 1990 | 1950 |
| **Orange Capital RE DAC** <br>8.323% due 01/17/2029 ~ | 250 | 294 |
| **Polestar Re Ltd.** <br>17.544% due 01/07/2027 ~ | $1700 | 1776 |
| **Popular, Inc.** <br>7.250% due 03/13/2028 | 2400 | 2552 |
| **Quercus Re DAC** <br>10.176% due 01/06/2031 ~ | 250 | 302 |
| **Reinsurance Group of America, Inc.** <br>6.000% due 09/15/2033 | $2100 | 2202 |
| **RGA Global Funding** <br>6.000% due 11/21/2028 | 3500 | 3674 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 2.896% due 03/15/2032 •  | 200 | 179 |
| 6.534% due 01/10/2029 •  | 900 | 940 |
| 6.833% due 11/21/2026 •  | 6000 | 6050 |
| **SBA Tower Trust** <br>4.831% due 10/15/2029 | 4300 | 4309 |
| **Sixth Street Lending Partners** <br>5.750% due 01/15/2030 | 1000 | 1003 |
| **Starwood Property Trust, Inc.** <br>6.500% due 07/01/2030 | 1000 | 1034 |
| **Synchrony Financial** <br>2.875% due 10/28/2031 | 430 | 373 |
| **Torrey Pines Re Ltd.**  |  |  |
| 11.558% due 06/07/2027 ~  | 250 | 261 |
| 13.308% due 06/05/2026 ~  | 250 | 256 |
| **Trust Fibra Uno** <br>4.869% due 01/15/2030 | 600 | 570 |
| **U.S. Bancorp** <br>5.424% due 02/12/2036 •  | 600 | 612 |
| **UBS AG**  |  |  |
| 5.650% due 09/11/2028  | 2900 | 3021 |
| 7.500% due 02/15/2028  | 3200 | 3453 |
| **UBS Group AG**  |  |  |
| 1.305% due 02/02/2027 •  | 2700 | 2649 |
| 1.494% due 08/10/2027 •  | 5600 | 5417 |
| 3.091% due 05/14/2032 •  | 7500 | 6810 |
| 4.703% due 08/05/2027 •  | 2200 | 2205 |
| 4.751% due 05/12/2028 •  | 800 | 805 |
| 4.988% due 08/05/2033 •  | 1700 | 1695 |
| 5.428% due 02/08/2030 •  | 1700 | 1746 |
| 6.327% due 12/22/2027 •  | 1200 | 1232 |
| **UniCredit SpA**  |  |  |
| 2.569% due 09/22/2026 •  | 1500 | 1492 |
| 3.127% due 06/03/2032 •  | 5700 | 5165 |
| **Ursa Re Ltd.** <br>9.610% due 12/07/2026 ~ | 2500 | 2577 |
| **VICI Properties LP**  |  |  |
| 3.875% due 02/15/2029  | 2900 | 2807 |
| 6.125% due 04/01/2054  | 710 | 699 |
| **Vitality Re Ltd.**  |  |  |
| 6.044% due 01/08/2030 ~  | 250 | 250 |
| 8.044% due 01/08/2030 ~  | 250 | 251 |
| **Wells Fargo & Co.**  |  |  |
| 3.068% due 04/30/2041 •  | 400 | 303 |
| 5.244% due 01/24/2031 •  | 2000 | 2052 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| 5.605% due 04/23/2036 •  | 5800 | 5989 |
| **Welltower OP LLC** <br>5.125% due 03/15/2043 | 10600 | 9873 |
| **Windmill Re DAC** <br>7.599% due 07/05/2028 ~ | 250 | 297 |
| **Winston RE Ltd.** <br>16.044% due 02/26/2027 ~ | $2800 | 2944 |
|  |  | 408457 |
| **INDUSTRIALS 17.3%**  |  |  |
| **AbbVie, Inc.** <br>5.500% due 03/15/2064 | 692 | 672 |
| **AEP Transmission Co. LLC** <br>3.650% due 04/01/2050 | 50 | 37 |
| **Air Canada Pass-Through Trust**  |  |  |
| 3.300% due 07/15/2031  | 534 | 500 |
| 3.750% due 06/15/2029  | 226 | 220 |
| 5.250% due 10/01/2030  | 614 | 620 |
| **Aker BP ASA** <br>3.100% due 07/15/2031 | 1600 | 1430 |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | 1489 | 1491 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 87 | 76 |
| 3.000% due 04/15/2030  | 2991 | 2834 |
| 3.250% due 04/15/2030  | 2033 | 1908 |
| 3.650% due 02/15/2029  | 123 | 119 |
| 3.700% due 04/01/2028  | 1152 | 1132 |
| **Amgen, Inc.**  |  |  |
| 4.400% due 02/22/2062  | 1994 | 1558 |
| 4.663% due 06/15/2051  | 3779 | 3238 |
| **AS Mileage Plan IP Ltd.** <br>5.308% due 10/20/2031 | 1600 | 1575 |
| **Ashtead Capital, Inc.**  |  |  |
| 4.000% due 05/01/2028  | 1200 | 1182 |
| 5.950% due 10/15/2033  | 2400 | 2487 |
| **Axalta Coating Systems LLC** <br>3.375% due 02/15/2029 | 500 | 474 |
| **Axon Enterprise, Inc.** <br>6.125% due 03/15/2030 | 400 | 412 |
| **Bacardi Ltd.** <br>5.900% due 06/15/2043 | 5073 | 4914 |
| **Baptist Health South Florida Foundation, Inc.** <br>3.115% due 11/15/2071 | 3300 | 1905 |
| **Berry Global, Inc.**  |  |  |
| 1.570% due 01/15/2026  | 715 | 702 |
| 5.500% due 04/15/2028  | 2200 | 2259 |
| **Beth Israel Lahey Health, Inc.** <br>3.080% due 07/01/2051 | 1490 | 921 |
| **Boeing Co.**  |  |  |
| 2.196% due 02/04/2026  | 1000 | 985 |
| 3.250% due 02/01/2035  | 903 | 761 |
| 6.298% due 05/01/2029  | 1000 | 1058 |
| 6.528% due 05/01/2034  | 2400 | 2609 |
| 6.858% due 05/01/2054  | 1200 | 1315 |
| 7.008% due 05/01/2064  | 674 | 741 |
| **Booz Allen Hamilton, Inc.** <br>3.875% due 09/01/2028 | 1080 | 1048 |
| **Boston Scientific Corp.** <br>7.375% due 01/15/2040 | 12750 | 15469 |
| **British Airways Pass-Through Trust**  |  |  |
| 3.300% due 06/15/2034  | 150 | 140 |
| 3.350% due 12/15/2030  | 45 | 43 |
| 4.250% due 05/15/2034  | 267 | 257 |
| **Broadcom, Inc.**  |  |  |
| 2.600% due 02/15/2033  | 1300 | 1112 |
| 3.187% due 11/15/2036  | 1899 | 1575 |
| 3.419% due 04/15/2033  | 2800 | 2540 |
| 3.469% due 04/15/2034  | 5150 | 4602 |
| 3.500% due 02/15/2041  | 300 | 238 |
| 4.150% due 04/15/2032  | 2000 | 1928 |
| **Cablevision Lightpath LLC** <br>3.875% due 09/15/2027 | 2000 | 1929 |
| **Cameron LNG LLC** <br>3.701% due 01/15/2039 | 1400 | 1198 |
| **Canadian Natural Resources Ltd.** <br>5.400% due 12/15/2034 | 400 | 398 |
| **Canadian Pacific Railway Co.** <br>4.200% due 11/15/2069 | 1900 | 1433 |
| **CDW LLC**  |  |  |
| 2.670% due 12/01/2026  | 3200 | 3122 |
| 3.276% due 12/01/2028  | 500 | 478 |
| 3.569% due 12/01/2031  | 2900 | 2671 |
| **Cencora, Inc.** <br>3.625% due 05/22/2032 | 700 | 833 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **CGI** **, Inc.** <br>2.300% due 09/14/2031 | $1600 | 1384 |
| **Charter Communications Operating LLC**  |  |  |
| 2.300% due 02/01/2032  | 860 | 726 |
| 3.500% due 06/01/2041  | 4000 | 2904 |
| 3.900% due 06/01/2052  | 1770 | 1216 |
| 5.375% due 04/01/2038  | 600 | 566 |
| 5.375% due 05/01/2047  | 2200 | 1911 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | 1000 | 1022 |
| **City of Hope** <br>4.378% due 08/15/2048 | 1010 | 806 |
| **Colorado Interstate Gas Co. LLC** <br>6.850% due 06/15/2037 | 1300 | 1390 |
| **Constellation Brands, Inc.** <br>4.800% due 05/01/2030 | 1100 | 1109 |
| **Continental Wind LLC** <br>6.000% due 02/28/2033 | 1022 | 1051 |
| **Corp. Nacional del Cobre de Chile** <br>6.330% due 01/13/2035 | 700 | 728 |
| **CSN Resources SA** <br>4.625% due 06/10/2031 | 4800 | 3783 |
| **DAE Funding LLC** <br>3.375% due 03/20/2028 | 2700 | 2600 |
| **Dell International LLC** <br>5.000% due 04/01/2030 | 800 | 813 |
| **Devon Energy Corp.** <br>5.750% due 09/15/2054 | 1143 | 1030 |
| **Diageo Investment Corp.** <br>5.125% due 08/15/2030 | 1400 | 1443 |
| **Diamondback Energy, Inc.**  |  |  |
| 5.550% due 04/01/2035  | 1500 | 1517 |
| 5.900% due 04/18/2064  | 723 | 670 |
| **Elevance Health, Inc.** <br>5.850% due 11/01/2064 | 4500 | 4373 |
| **Embraer Netherlands Finance BV** <br>5.980% due 02/11/2035 | 1500 | 1547 |
| **Enbridge, Inc.**  |  |  |
| 5.700% due 03/08/2033  | 2150 | 2230 |
| 5.950% due 04/05/2054  | 488 | 483 |
| **Energy Transfer LP**  |  |  |
| 5.300% due 04/15/2047  | 7400 | 6534 |
| 6.050% due 06/01/2041  | 3200 | 3206 |
| 6.250% due 04/15/2049  | 100 | 99 |
| 6.625% due 10/15/2036  | 5200 | 5615 |
| 7.500% due 07/01/2038  | 4135 | 4738 |
| **Eni SpA** <br>5.750% due 05/19/2035 | 1000 | 1023 |
| **Entergy Louisiana LLC**  |  |  |
| 1.600% due 12/15/2030  | 600 | 519 |
| 2.900% due 03/15/2051  | 2100 | 1303 |
| **Enterprise Products Operating LLC** <br>4.450% due 02/15/2043 | 1000 | 866 |
| **Equifax, Inc.** <br>4.800% due 09/15/2029 | 900 | 908 |
| **Expand Energy Corp.** <br>5.700% due 01/15/2035 | 800 | 812 |
| **Ferguson Enterprises, Inc.** <br>5.000% due 10/03/2034 | 900 | 894 |
| **FirstEnergy Pennsylvania Electric Co.** <br>3.600% due 06/01/2029 | 3300 | 3188 |
| **Flex Intermediate Holdco LLC**  |  |  |
| 3.363% due 06/30/2031  | 5000 | 4447 |
| 4.317% due 12/30/2039  | 1750 | 1383 |
| **Greensaif Pipelines Bidco SARL**  |  |  |
| 6.129% due 02/23/2038  | 1600 | 1651 |
| 6.510% due 02/23/2042  | 600 | 622 |
| **HCA, Inc.**  |  |  |
| 3.625% due 03/15/2032  | 4000 | 3691 |
| 4.625% due 03/15/2052  | 1000 | 804 |
| 5.125% due 06/15/2039  | 2900 | 2729 |
| 5.250% due 06/15/2049  | 600 | 533 |
| 5.500% due 06/15/2047  | 450 | 419 |
| 6.000% due 04/01/2054  | 698 | 683 |
| **Hyundai Capital America** <br>5.400% due 06/24/2031 | 2800 | 2866 |
| **IGT Lottery Holdings BV** <br>4.250% due 03/15/2030 | 2800 | 3366 |
| **Imperial Brands Finance Netherlands BV** <br>5.250% due 02/15/2031 | 2300 | 2934 |
| **Imperial Brands Finance PLC** <br>3.500% due 07/26/2026 | $2200 | 2174 |
| **JDE Peet's NV** <br>2.250% due 09/24/2031 | 300 | 256 |
| **JetBlue Pass-Through Trust** <br>4.000% due 05/15/2034 | 141 | 132 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Kinder** **Morgan Energy Partners LP** <br>6.500% due 09/01/2039 | 400 | 427 |
| **Kraft Heinz Foods Co.**  |  |  |
| 5.200% due 03/15/2032  | 2400 | 2445 |
| 6.500% due 02/09/2040  | 310 | 332 |
| **Las Vegas Sands Corp.**  |  |  |
| 3.500% due 08/18/2026  | 800 | 790 |
| 3.900% due 08/08/2029  | 1600 | 1524 |
| 6.200% due 08/15/2034  | 719 | 735 |
| **Marriott International, Inc.** <br>5.500% due 04/15/2037 | 1700 | 1701 |
| **Mars, Inc.**  |  |  |
| 4.800% due 03/01/2030  | 1200 | 1216 |
| 5.200% due 03/01/2035  | 2000 | 2025 |
| 5.650% due 05/01/2045  | 500 | 502 |
| **Marvell Technology, Inc.**  |  |  |
| 2.450% due 04/15/2028  | 200 | 190 |
| 2.950% due 04/15/2031  | 30 | 27 |
| 4.750% due 07/15/2030  | 200 | 201 |
| 5.450% due 07/15/2035  | 500 | 504 |
| **Meta Platforms, Inc.** <br>5.400% due 08/15/2054 | 2400 | 2342 |
| **MGM China Holdings Ltd.** <br>5.875% due 05/15/2026 | 1100 | 1101 |
| **Microchip Technology, Inc.** <br>5.050% due 02/15/2030 | 1100 | 1116 |
| **Micron Technology, Inc.** <br>3.366% due 11/01/2041 | 300 | 220 |
| **Miller Homes Group Finco PLC** <br>6.529% due 10/15/2030 •  | 1000 | 1199 |
| **Mondelez International, Inc.** <br>4.625% due 07/03/2031 | 7600 | 5785 |
| **MPLX LP**  |  |  |
| 4.500% due 04/15/2038  | $805 | 713 |
| 4.700% due 04/15/2048  | 1500 | 1218 |
| 4.900% due 04/15/2058  | 75 | 60 |
| 4.950% due 03/14/2052  | 1400 | 1160 |
| 5.000% due 03/01/2033  | 988 | 975 |
| 5.400% due 04/01/2035  | 600 | 596 |
| 5.500% due 02/15/2049  | 1060 | 958 |
| **National Football League**  |  |  |
| 4.780% due 10/05/2030 « (j) | 2700 | 2705 |
| 5.250% due 10/05/2034 « (j) | 2300 | 2309 |
| **National Fuel Gas Co.** <br>2.950% due 03/01/2031 | 2700 | 2410 |
| **Newmont Corp.** <br>4.200% due 05/13/2050 | 20 | 16 |
| **Northern Natural Gas Co.** <br>4.300% due 01/15/2049 | 6100 | 4844 |
| **Northern Star Resources Ltd.** <br>6.125% due 04/11/2033 | 3600 | 3755 |
| **Northwell Healthcare, Inc.** <br>4.260% due 11/01/2047 | 1800 | 1434 |
| **Occidental Petroleum Corp.**  |  |  |
| 6.050% due 10/01/2054  | 728 | 668 |
| 6.200% due 03/15/2040  | 1000 | 980 |
| 6.450% due 09/15/2036  | 670 | 686 |
| **Oracle Corp.**  |  |  |
| 3.600% due 04/01/2040  | 100 | 80 |
| 3.600% due 04/01/2050  | 1120 | 784 |
| 3.650% due 03/25/2041  | 1900 | 1499 |
| 3.800% due 11/15/2037  | 2800 | 2399 |
| 3.850% due 04/01/2060  | 8005 | 5521 |
| 4.100% due 03/25/2061  | 3800 | 2750 |
| 4.500% due 07/08/2044  | 900 | 761 |
| 5.375% due 09/27/2054  | 700 | 640 |
| 5.500% due 09/27/2064  | 1300 | 1185 |
| **PeaceHealth Obligated Group** <br>3.218% due 11/15/2050 | 1260 | 781 |
| **Petroleos Mexicanos** <br>10.000% due 02/07/2033 (k) | 4271 | 4575 |
| **Pfizer Netherlands International Finance BV** <br>2.875% due 05/19/2029 | 600 | 713 |
| **Philip Morris International, Inc.**  |  |  |
| 3.250% due 06/06/2032  | 600 | 696 |
| 3.875% due 08/21/2042  | $880 | 716 |
| **Piedmont Healthcare, Inc.**  |  |  |
| 2.719% due 01/01/2042  | 500 | 349 |
| 2.864% due 01/01/2052  | 500 | 306 |
| **Prosus NV**  |  |  |
| 3.257% due 01/19/2027  | 600 | 588 |
| 4.193% due 01/19/2032 (k)  | 3000 | 2811 |
| 4.987% due 01/19/2052  | 1100 | 849 |
| **Renesas Electronics Corp.** <br>2.170% due 11/25/2026 | 4900 | 4740 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Sands** **China Ltd.**  |  |  |
| 2.300% due 03/08/2027  | 2100 | 2018 |
| 3.250% due 08/08/2031  | 1300 | 1148 |
| 3.800% due 01/08/2026  | 600 | 597 |
| **Saudi Arabian Oil Co.**  |  |  |
| 5.875% due 07/17/2064  | 2800 | 2562 |
| 6.375% due 06/02/2055  | 1000 | 1001 |
| **Sealed Air Corp.** <br>1.573% due 10/15/2026 | 1921 | 1839 |
| **Skyworks Solutions, Inc.** <br>3.000% due 06/01/2031 | 600 | 529 |
| **Snam SpA** <br>5.750% due 05/28/2035 | 2000 | 2044 |
| **Spirit AeroSystems, Inc.** <br>3.850% due 06/15/2026 | 1300 | 1274 |
| **Spirit Airlines Pass-Through Trust** <br>3.650% due 08/15/2031 | 312 | 271 |
| **Synopsys, Inc.** <br>5.150% due 04/01/2035 | 1500 | 1513 |
| **Sysco Corp.** <br>5.400% due 03/23/2035 | 1100 | 1120 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.700% due 03/15/2032  | 1500 | 1323 |
| 3.300% due 02/15/2051  | 1900 | 1262 |
| 3.400% due 10/15/2052  | 3500 | 2340 |
| 3.600% due 11/15/2060  | 5401 | 3605 |
| **Targa Resources Corp.**  |  |  |
| 6.125% due 03/15/2033  | 2100 | 2214 |
| 6.250% due 07/01/2052  | 702 | 696 |
| 6.500% due 02/15/2053  | 3400 | 3494 |
| **TD SYNNEX Corp.**  |  |  |
| 1.750% due 08/09/2026  | 4200 | 4062 |
| 2.375% due 08/09/2028  | 3400 | 3186 |
| 2.650% due 08/09/2031  | 2340 | 2021 |
| **Tencent Holdings Ltd.** <br>3.940% due 04/22/2061 | 1200 | 886 |
| **Tennessee Gas Pipeline Co. LLC**  |  |  |
| 2.900% due 03/01/2030  | 3660 | 3382 |
| 7.625% due 04/01/2037  | 4720 | 5488 |
| 8.375% due 06/15/2032  | 3600 | 4178 |
| **Teva Pharmaceutical Finance Netherlands BV** <br>4.125% due 06/01/2031 | 2000 | 2366 |
| **Time Warner Cable LLC**  |  |  |
| 5.875% due 11/15/2040  | $500 | 480 |
| 6.750% due 06/15/2039  | 1300 | 1348 |
| 7.300% due 07/01/2038  | 1225 | 1337 |
| **Topaz Solar Farms LLC** <br>4.875% due 09/30/2039 | 3369 | 2982 |
| **Transcontinental Gas Pipe Line Co. LLC** <br>4.600% due 03/15/2048 | 1168 | 984 |
| **Tyson Foods, Inc.**  |  |  |
| 5.400% due 03/15/2029  | 1700 | 1753 |
| 5.700% due 03/15/2034  | 1513 | 1567 |
| **Uber Technologies, Inc.** <br>4.800% due 09/15/2034 | 1400 | 1376 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 454 | 407 |
| 2.875% due 04/07/2030  | 437 | 413 |
| 3.100% due 04/07/2030  | 374 | 349 |
| 3.450% due 01/07/2030  | 242 | 231 |
| 4.300% due 02/15/2027  | 6938 | 6930 |
| 4.550% due 08/25/2031  | 1713 | 1610 |
| 5.875% due 04/15/2029  | 2077 | 2121 |
| **UnitedHealth Group, Inc.**  |  |  |
| 5.050% due 04/15/2053  | 4600 | 4109 |
| 5.200% due 04/15/2063  | 5000 | 4460 |
| 5.750% due 07/15/2064  | 287 | 279 |
| **Vale Overseas Ltd.** <br>6.400% due 06/28/2054 | 3900 | 3837 |
| **Valley Children's Hospital** <br>4.399% due 03/15/2048 | 2000 | 1614 |
| **Var Energi ASA** <br>6.500% due 05/22/2035 | 1800 | 1866 |
| **Venture Global Plaquemines LNG LLC** <br>6.750% due 01/15/2036 (b) | 500 | 500 |
| **VMware LLC**  |  |  |
| 1.800% due 08/15/2028  | 600 | 555 |
| 2.200% due 08/15/2031  | 350 | 304 |
| **Volkswagen Group of America Finance LLC** <br>4.950% due 03/25/2027 | 2400 | 2408 |
| **Weir Group, Inc.** <br>5.350% due 05/06/2030 | 1300 | 1319 |
| **Williams Cos., Inc.**  |  |  |
| 4.800% due 11/15/2029  | 2200 | 2226 |
| 5.150% due 03/15/2034  | 2400 | 2396 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Woodside** **Finance Ltd.**  |  |  |
| 5.100% due 09/12/2034  | 3250 | 3149 |
| 5.400% due 05/19/2030  | 3200 | 3247 |
| **Wynn Macau Ltd.** <br>5.625% due 08/26/2028 | 3300 | 3246 |
|  |  | 373280 |
| **UTILITIES 11.9%**  |  |  |
| **AEP Texas, Inc.** <br>5.400% due 06/01/2033 | 3300 | 3350 |
| **AES Corp.** <br>5.450% due 06/01/2028 | 900 | 920 |
| **Alabama Power Co.**  |  |  |
| 4.300% due 01/02/2046  | 700 | 587 |
| 4.300% due 07/15/2048  | 2000 | 1660 |
| **Alliant Energy Finance LLC**  |  |  |
| 1.400% due 03/15/2026  | 1000 | 970 |
| 3.600% due 03/01/2032  | 1700 | 1541 |
| **American Transmission Systems, Inc.** <br>5.000% due 09/01/2044 | 200 | 183 |
| **Arizona Public Service Co.** <br>2.650% due 09/15/2050 | 20 | 12 |
| **AT&T, Inc.**  |  |  |
| 3.500% due 09/15/2053  | 1883 | 1276 |
| 3.550% due 09/15/2055  | 493 | 333 |
| 3.650% due 09/15/2059  | 6731 | 4519 |
| **Baltimore Gas & Electric Co.** <br>5.400% due 06/01/2053 | 3400 | 3247 |
| **Berkshire Hathaway Energy Co.**  |  |  |
| 4.250% due 10/15/2050  | 200 | 160 |
| 4.600% due 05/01/2053  | 400 | 335 |
| 6.125% due 04/01/2036  | 500 | 538 |
| **BG Energy Capital PLC** <br>5.125% due 10/15/2041 | 4300 | 4070 |
| **Black Hills Corp.**  |  |  |
| 6.000% due 01/15/2035  | 704 | 731 |
| 6.150% due 05/15/2034  | 4200 | 4410 |
| **Boston Gas Co.** <br>6.119% due 07/20/2053 | 4560 | 4575 |
| **BP Capital Markets BV** <br>3.360% due 09/12/2031 | 2300 | 2734 |
| **CenterPoint Energy Houston Electric LLC** <br>4.800% due 03/15/2030 | $1000 | 1018 |
| **Chile Electricity Lux MPC SARL** <br>5.580% due 10/20/2035 | 5083 | 5091 |
| **Cleveland Electric Illuminating Co.** <br>4.550% due 11/15/2030 | 3500 | 3442 |
| **Commonwealth Edison Co.** <br>3.850% due 03/15/2052 | 100 | 76 |
| **Consolidated Edison Co. of New York, Inc.**  |  |  |
| 3.000% due 12/01/2060  | 700 | 415 |
| 4.300% due 12/01/2056  | 100 | 79 |
| **Constellation Energy Generation LLC** <br>5.800% due 03/01/2033 | 4900 | 5184 |
| **Dominion Energy, Inc.**  |  |  |
| 5.000% due 06/15/2030  | 2100 | 2144 |
| 5.450% due 03/15/2035  | 2500 | 2522 |
| **DTE Energy Co.** <br>5.100% due 03/01/2029 | 1500 | 1530 |
| **Duke Energy Carolinas LLC**  |  |  |
| 3.750% due 06/01/2045  | 270 | 210 |
| 4.000% due 09/30/2042  | 400 | 331 |
| **Duke Energy Corp.** <br>5.800% due 06/15/2054 | 900 | 880 |
| **Duke Energy Florida LLC**  |  |  |
| 3.000% due 12/15/2051  | 1496 | 946 |
| 3.850% due 11/15/2042  | 4600 | 3669 |
| 6.350% due 09/15/2037  | 200 | 219 |
| **Duke Energy Ohio, Inc.** <br>5.400% due 06/15/2033 | 110 | 113 |
| **Duke Energy Progress LLC**  |  |  |
| 2.500% due 08/15/2050  | 3990 | 2312 |
| 5.250% due 03/15/2033  | 4100 | 4235 |
| **Edison International** <br>5.750% due 06/15/2027 | 330 | 332 |
| **Electricite de France SA**  |  |  |
| 6.900% due 05/23/2053  | 730 | 780 |
| 9.125% due 03/15/2033 •(g)  | 2100 | 2374 |
| **Enel Finance International NV** <br>7.500% due 10/14/2032 | 2768 | 3157 |
| **Entergy Arkansas LLC**  |  |  |
| 2.650% due 06/15/2051  | 60 | 35 |
| 3.350% due 06/15/2052  | 270 | 181 |
| **Entergy Corp.** <br>2.400% due 06/15/2031 | 2390 | 2113 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Entergy** **Texas, Inc.**  |  |  |
| 1.750% due 03/15/2031  | 3200 | 2764 |
| 5.800% due 09/01/2053  | 600 | 592 |
| **EPH Financing International AS**  |  |  |
| 5.875% due 11/30/2029  | 2800 | 3528 |
| 6.651% due 11/13/2028  | 3000 | 3838 |
| **Evergy Kansas Central, Inc.** <br>5.250% due 03/15/2035 | $2100 | 2126 |
| **Eversource Energy** <br>5.125% due 05/15/2033 | 1500 | 1502 |
| **Gazprom PJSC Via Gaz Finance PLC** <br>3.500% due 07/14/2031 | 8000 | 5400 |
| **Georgia Power Co.**  |  |  |
| 3.250% due 03/15/2051  | 5300 | 3640 |
| 3.700% due 01/30/2050  | 1000 | 747 |
| 4.300% due 03/15/2042  | 3752 | 3242 |
| 5.125% due 05/15/2052  | 2400 | 2246 |
| **Greenko Power Ltd.** <br>4.300% due 12/13/2028 | 327 | 308 |
| **Indiana Michigan Power Co.**  |  |  |
| 3.250% due 05/01/2051  | 1780 | 1166 |
| 6.050% due 03/15/2037  | 800 | 864 |
| **IPALCO Enterprises, Inc.** <br>4.250% due 05/01/2030 | 2800 | 2690 |
| **Israel Electric Corp. Ltd.** <br>3.750% due 02/22/2032 | 2400 | 2150 |
| **Kentucky Utilities Co.**  |  |  |
| 3.300% due 06/01/2050  | 70 | 47 |
| 5.450% due 04/15/2033  | 2000 | 2064 |
| **Louisville Gas & Electric Co.** <br>5.450% due 04/15/2033 | 2000 | 2069 |
| **MidAmerican Energy Co.** <br>2.700% due 08/01/2052 | 5500 | 3410 |
| **Narragansett Electric Co.** <br>5.350% due 05/01/2034 | 1400 | 1421 |
| **National Grid USA** <br>5.803% due 04/01/2035 | 120 | 123 |
| **New York State Electric & Gas Corp.**  |  |  |
| 1.950% due 10/01/2030  | 480 | 412 |
| 2.150% due 10/01/2031  | 2000 | 1716 |
| 5.850% due 08/15/2033  | 700 | 735 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 3.830% due 06/12/2030  | 3600 | 2666 |
| 4.670% due 06/12/2035  | 3600 | 2682 |
| **Niagara Mohawk Power Corp.** <br>4.119% due 11/28/2042 | $3500 | 2848 |
| **NiSource, Inc.** <br>5.250% due 03/30/2028 | 2720 | 2785 |
| **Northern States Power Co.** <br>3.600% due 09/15/2047 | 6300 | 4730 |
| **NRG Energy, Inc.** <br>2.450% due 12/02/2027 | 362 | 344 |
| **Oglethorpe Power Corp.** <br>5.050% due 10/01/2048 | 1358 | 1202 |
| **Ohio Power Co.**  |  |  |
| 2.900% due 10/01/2051  | 1100 | 673 |
| 5.850% due 10/01/2035  | 100 | 104 |
| **ONEOK, Inc.**  |  |  |
| 5.050% due 11/01/2034  | 7200 | 7010 |
| 5.850% due 11/01/2064  | 2900 | 2691 |
| 6.625% due 09/01/2053  | 650 | 676 |
| 7.150% due 01/15/2051  | 100 | 108 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.500% due 02/01/2031  | 2100 | 1824 |
| 3.000% due 06/15/2028  | 3200 | 3040 |
| 3.150% due 01/01/2026  | 1200 | 1189 |
| 3.250% due 06/01/2031  | 1700 | 1527 |
| 3.500% due 08/01/2050  | 7250 | 4655 |
| 3.750% due 08/15/2042  | 2790 | 1991 |
| 3.950% due 12/01/2047  | 1000 | 706 |
| 4.200% due 03/01/2029  | 2000 | 1953 |
| 4.250% due 03/15/2046  | 300 | 224 |
| 4.300% due 03/15/2045  | 500 | 378 |
| 4.400% due 03/01/2032  | 2000 | 1877 |
| 4.500% due 07/01/2040  | 6100 | 5088 |
| 4.550% due 07/01/2030  | 750 | 732 |
| 4.600% due 06/15/2043  | 900 | 714 |
| 4.750% due 02/15/2044  | 100 | 81 |
| 4.950% due 07/01/2050  | 370 | 299 |
| 5.250% due 03/01/2052  | 300 | 250 |
| 6.150% due 01/15/2033  | 1200 | 1237 |
| **PacifiCorp**  |  |  |
| 4.125% due 01/15/2049  | 8300 | 6365 |
| 4.150% due 02/15/2050  | 300 | 228 |
| 5.750% due 04/01/2037  | 60 | 61 |
| 6.000% due 01/15/2039  | 2040 | 2110 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| 6.100% due 08/01/2036  | 60 | 63 |
| 6.250% due 10/15/2037  | 3300 | 3490 |
| **PECO Energy Co.** <br>2.850% due 09/15/2051 | 886 | 559 |
| **Progress Energy, Inc.** <br>7.750% due 03/01/2031 | 3500 | 4033 |
| **Public Service Electric & Gas Co.** <br>4.000% due 06/01/2044 | 5700 | 4574 |
| **San Diego Gas & Electric Co.**  |  |  |
| 4.100% due 06/15/2049  | 2970 | 2289 |
| 4.150% due 05/15/2048  | 9400 | 7316 |
| **Sierra Pacific Power Co.** <br>6.750% due 07/01/2037 | 3600 | 3979 |
| **Southern California Edison Co.**  |  |  |
| 2.250% due 06/01/2030  | 800 | 703 |
| 2.500% due 06/01/2031  | 4700 | 4084 |
| 2.750% due 02/01/2032  | 2400 | 2070 |
| 2.950% due 02/01/2051  | 3000 | 1759 |
| 3.450% due 02/01/2052  | 2300 | 1447 |
| 3.650% due 03/01/2028  | 200 | 194 |
| 3.650% due 02/01/2050  | 1100 | 728 |
| 3.650% due 06/01/2051  | 2020 | 1337 |
| 3.900% due 12/01/2041  | 500 | 378 |
| 3.900% due 03/15/2043  | 3600 | 2661 |
| 4.650% due 10/01/2043  | 1850 | 1497 |
| 6.000% due 01/15/2034  | 3600 | 3694 |
| **Southern California Gas Co.**  |  |  |
| 3.950% due 02/15/2050  | 1600 | 1203 |
| 4.125% due 06/01/2048  | 4417 | 3433 |
| **Southwestern Electric Power Co.** <br>6.200% due 03/15/2040 | 2200 | 2297 |
| **Vodafone Group PLC**  |  |  |
| 4.875% due 06/19/2049  | 4140 | 3565 |
| 5.750% due 02/10/2063  | 800 | 751 |
| 5.875% due 06/28/2064  | 1729 | 1664 |
| **Wisconsin Electric Power Co.** <br>4.300% due 12/15/2045 | 3600 | 2964 |
|  |  | 256119 |
| Total Corporate Bonds & Notes (Cost $1,119,294) |  | 1037856 |
| **MUNICIPAL BONDS & NOTES 1.8%**  |  |  |
| **CALIFORNIA 0.5%**  |  |  |
| **Fresno County, California Revenue Bonds, (NPFGC Insured), Series 2004**  |  |  |
| 0.000% due 08/15/2030 (e)  | 3800 | 3008 |
| 0.000% due 08/15/2032 (e)  | 100 | 71 |
| **Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021**  |  |  |
| 2.746% due 06/01/2034  | 300 | 260 |
| 3.000% due 06/01/2046  | 1540 | 1353 |
| 4.214% due 06/01/2050  | 2600 | 1875 |
| **Golden State, California Tobacco Securitization Corp. Revenue Notes, Series 2021** <br>3.037% due 06/01/2032 | 4200 | 3725 |
| **Napa Valley Unified School District, California General Obligation Bonds, (BABs), Series 2010** <br>6.507% due 08/01/2043 | 900 | 968 |
|  |  | 11260 |
| **GEORGIA 0.4%**  |  |  |
| **Municipal Electric Authority of Georgia Revenue Bonds, (BABs), Series 2010** <br>6.637% due 04/01/2057 | 7413 | 8013 |
| **ILLINOIS 0.3%**  |  |  |
| **Illinois State General Obligation Bonds, (BABs), Series 2010** <br>6.725% due 04/01/2035 | 77 | 81 |
| **Sales Tax Securitization Corp. Illinois Revenue Bonds, Series 2020** <br>3.007% due 01/01/2033 | 5030 | 4497 |
| **Wheaton College, Illinois Revenue Bonds, Series 2004** <br>6.090% due 10/01/2034 | 900 | 961 |
|  |  | 5539 |
| **NEVADA 0.0%**  |  |  |
| **Reno, Nevada Revenue Bonds, (NPFGC Insured), Series 2005** <br>0.000% due 06/01/2034 (e) | 700 | 453 |
| **NEW MEXICO 0.0%**  |  |  |
| **New Mexico Hospital Equipment Loan Council Revenue Bonds, Series 2017** <br>4.406% due 08/01/2046 | 1000 | 864 |
| **NEW YORK 0.3%**  |  |  |
| **New York City, New York General Obligation Bonds, Series 2025**  |  |  |
| 6.291% due 02/01/2045  | 1480 | 1552 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| 6.385% due 02/01/2055  | 120 | 125 |
| **New York City, New York Transitional Finance Authority Revenue Bonds, Series 2024** <br>4.375% due 05/01/2037 | 4095 | 3869 |
|  |  | 5546 |
| **OHIO 0.0%**  |  |  |
| **American Municipal Power, Inc., Ohio Revenue Bonds, Series 2010** <br>7.834% due 02/15/2041 | 800 | 951 |
| **PENNSYLVANIA 0.1%**  |  |  |
| **Commonwealth Financing Authority, Pennsylvania Revenue Bonds, Series 2021** <br>2.991% due 06/01/2042 | 3770 | 2786 |
| **TEXAS 0.2%**  |  |  |
| **Dallas, Texas General Obligation Bonds, Series 2005** <br>0.000% due 02/15/2033 (e) | 2900 | 2030 |
| **Texas Natural Gas Securitization Finance Corp. Series 2023** <br>5.169% due 04/01/2041 | 2600 | 2629 |
|  |  | 4659 |
| Total Municipal Bonds & Notes (Cost $45,408) |  | 40071 |
| **U.S. GOVERNMENT AGENCIES 17.4%**  |  |  |
| **Fannie Mae**  |  |  |
| 2.349% due 01/25/2031 ~(a) | 15936 | 925 |
| 3.000% due 12/25/2046 | 1492 | 1026 |
| 4.807% due 07/25/2037 •  | 4 | 3 |
| 4.820% due 09/25/2032 •  | 2 | 2 |
| 4.881% due 03/25/2036 •  | 1 | 1 |
| 5.000% due 08/25/2033 | 15 | 16 |
| 5.070% due 08/25/2040 •  | 178 | 177 |
| 5.500% due 04/25/2033 - 08/25/2035 | 23 | 23 |
| 5.696% due 06/01/2043 •  | 24 | 24 |
| 5.810% due 06/01/2031 | 2000 | 2076 |
| 5.900% due 07/25/2042 | 4 | 4 |
| 6.000% due 07/25/2031 - 03/25/2036 | 1072 | 1126 |
| 6.036% due 12/01/2034 •  | 95 | 96 |
| 6.078% due 10/01/2035 •  | 77 | 78 |
| 6.080% due 04/01/2035 •  | 200 | 201 |
| 6.307% due 06/01/2035 •  | 248 | 249 |
| 6.405% due 11/01/2035 •  | 2 | 2 |
| 6.435% due 12/01/2033 •  | 9 | 9 |
| 6.782% due 05/25/2035 ~ | 87 | 89 |
| 7.037% due 11/01/2034 •  | 133 | 139 |
| 7.126% due 06/01/2035 •  | 179 | 180 |
| 7.190% due 09/01/2035 •  | 3 | 3 |
| 7.505% due 08/01/2035 •  | 11 | 12 |
| **Federal Farm Credit Bank**<br>5.125% due 07/09/2029 | 500 | 522 |
| **Freddie Mac**  |  |  |
| 2.862% due 07/25/2054 ~ | 4700 | 4410 |
| 4.818% due 01/15/2033 •  | 1 | 1 |
| 5.000% due 03/01/2038 - 12/01/2038 | 197 | 201 |
| 5.599% due 10/25/2044 - 02/25/2045 •  | 41 | 39 |
| 6.000% due 06/15/2035 - 10/01/2037 | 574 | 601 |
| 6.500% due 10/25/2043 | 31 | 32 |
| 6.725% due 04/01/2035 •  | 7 | 7 |
| 7.125% due 10/01/2035 •  | 4 | 4 |
| **Ginnie Mae**  |  |  |
| 3.250% due 02/20/2049 | 2702 | 2373 |
| 4.875% due 05/20/2030 •  | 14 | 14 |
| **Ginnie Mae, TBA**  |  |  |
| 4.000% due 07/01/2055 - 08/01/2055 | 51600 | 47975 |
| 4.500% due 07/01/2055 - 08/01/2055 | 20300 | 19427 |
| **Resolution Funding Corp. STRIPS**<br>0.000% due 01/15/2029 | 1000 | 870 |
| **Tennessee Valley Authority**<br>4.875% due 05/15/2035 | 4800 | 4912 |
| **U.S. Small Business Administration**  |  |  |
| 5.290% due 12/01/2027 | 35 | 35 |
| 5.510% due 11/01/2027 | 9 | 9 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 08/01/2055 | 5588 | 5196 |
| 5.000% due 08/01/2055 | 35100 | 34381 |
| 6.000% due 08/01/2055 | 237800 | 241439 |
| 6.500% due 08/01/2055 | 7800 | 8043 |
| Total U.S. Government Agencies (Cost $374,663) |  | 376952 |
| **U.S. TREASURY OBLIGATIONS 64.9%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.125% due 05/15/2040 (k) | 47175 | 29344 |
| 1.125% due 08/15/2040 (k) | 95010 | 58479 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| 1.375% due 11/15/2040 (k) | 55540 | 35400 |
| 1.750% due 08/15/2041 (k) | 99000 | 65758 |
| 1.875% due 02/15/2041 (k) | 397700 | 273667 |
| 1.875% due 02/15/2051 (o) | 52395 | 29448 |
| 2.000% due 11/15/2041 | 10500 | 7224 |
| 2.000% due 02/15/2050 | 22030 | 12944 |
| 2.250% due 08/15/2049 | 32576 | 20445 |
| 2.375% due 11/15/2049 (m) | 875 | 563 |
| 2.500% due 02/15/2045 | 15520 | 10931 |
| 2.750% due 11/15/2042 (m)(o) | 1000 | 762 |
| 2.750% due 08/15/2047 | 12900 | 9200 |
| 2.875% due 05/15/2049 (o) | 405 | 291 |
| 3.000% due 11/15/2044 | 14350 | 11055 |
| 3.000% due 05/15/2045 | 12360 | 9471 |
| 3.000% due 02/15/2048 | 12900 | 9589 |
| 3.000% due 08/15/2048 (m) | 25990 | 19230 |
| 3.000% due 02/15/2049 (k) | 89030 | 65625 |
| 3.125% due 02/15/2043 (k) | 24610 | 19799 |
| 3.125% due 08/15/2044 (m) | 14310 | 11288 |
| 3.375% due 08/15/2042 (k) | 61350 | 51512 |
| 3.375% due 11/15/2048 (k) | 69800 | 55237 |
| 3.625% due 08/15/2043 (o) | 3200 | 2754 |
| 3.750% due 08/15/2041 (k) | 1700 | 1524 |
| 3.875% due 02/15/2043 | 12700 | 11372 |
| 3.875% due 05/15/2043 | 9100 | 8131 |
| 4.125% due 08/15/2044 (k) | 109900 | 100717 |
| 4.500% due 11/15/2054 | 2700 | 2574 |
| 4.625% due 05/15/2044 (k) | 4900 | 4807 |
| 4.625% due 11/15/2044 (k) | 46700 | 45730 |
| 4.625% due 02/15/2055 (k) | 41200 | 40119 |
| 4.750% due 02/15/2045 (k) | 82400 | 81988 |
| **U.S. Treasury Inflation Protected Securities (f)** |  |  |
| 0.125% due 01/15/2032 (m) | 27424 | 24867 |
| 0.625% due 07/15/2032  | 49348 | 46050 |
| 1.125% due 01/15/2033 (m) | 45302 | 43310 |
| 1.750% due 01/15/2034  | 40592 | 40259 |
| **U.S. Treasury Notes**  |  |  |
| 3.875% due 04/30/2030 (o) | 14300 | 14359 |
| 4.125% due 10/31/2029 (o) | 1520 | 1542 |
| **U.S. Treasury STRIPS**  |  |  |
| 0.000% due 05/15/2034 (a)(m) | 71900 | 49146 |
| 0.000% due 08/15/2034 (a) | 32970 | 22239 |
| 0.000% due 05/15/2035 (a)(m) | 32500 | 21090 |
| 0.000% due 11/15/2036 (a) | 37600 | 22528 |
| 0.000% due 08/15/2037 (a)(m) | 8900 | 5111 |
| 0.000% due 05/15/2041 (a) | 450 | 208 |
| 0.000% due 08/15/2041 (a) | 350 | 159 |
| 0.000% due 11/15/2041 (a) | 170 | 76 |
| 0.000% due 02/15/2042 (a) | 1850 | 816 |
| 0.000% due 05/15/2042 (a) | 1240 | 539 |
| 0.000% due 08/15/2042 (a) | 1890 | 810 |
| 0.000% due 11/15/2042 (a) | 810 | 343 |
| Total U.S. Treasury Obligations (Cost $1,663,946) |  | 1400430 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 3.1%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>4.716% due 10/25/2035 ~ | 444 | 393 |
| **AG Trust** <br>6.327% due 07/15/2041 •  | 760 | 763 |
| **American Home Mortgage Assets Trust**  |  |  |
| 4.554% due 10/25/2046 •  | 50 | 45 |
| 5.319% due 11/25/2046 •  | 1470 | 357 |
| **Banc of America Funding Trust** <br>6.249% due 02/20/2036 ~ | 79 | 76 |
| **Banc of America Mortgage Trust** <br>5.830% due 08/25/2035 ~ | 265 | 253 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.250% due 05/25/2047 ~  | 372 | 335 |
| 4.811% due 11/25/2030 ~  | 16 | 16 |
| 5.925% due 11/25/2034 ~  | 9 | 8 |
| 7.080% due 10/25/2035 •  | 16 | 15 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.608% due 11/25/2036 ~  | 99 | 57 |
| 4.754% due 08/25/2036 •  | 2041 | 1745 |
| 4.905% due 09/25/2035 ~  | 1907 | 1095 |
| 5.326% due 10/25/2035 ~  | 135 | 112 |
| **Bear Stearns Mortgage Funding Trust** <br>4.794% due 10/25/2036 •  | 1434 | 1277 |
| **Benchmark Mortgage Trust** <br>4.016% due 03/15/2052 | 4500 | 4384 |
| **BMO Mortgage Trust** <br>5.187% due 07/15/2058 | 5000 | 5109 |
| **Chase Mortgage Finance Trust**  |  |  |
| 4.669% due 03/25/2037 ~  | 133 | 123 |
| 5.500% due 11/25/2035  | 1363 | 975 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **ChaseFlex** **Trust** <br>4.994% due 05/25/2037 •  | 2135 | 2055 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.504% due 01/25/2037 •  | 16 | 14 |
| 5.234% due 08/25/2035 •  | 24 | 24 |
| 7.230% due 10/25/2035 •  | 10 | 11 |
| **COMM Mortgage Trust** <br>3.140% due 10/10/2036 | 4300 | 3999 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.627% due 12/20/2046 •  | 396 | 346 |
| 4.814% due 09/25/2046 •  | 368 | 358 |
| 4.852% due 03/20/2046 •  | 95 | 87 |
| 4.854% due 05/25/2036 •  | 1977 | 1849 |
| 4.994% due 02/25/2037 •  | 39 | 33 |
| 5.072% due 12/20/2035 •  | 395 | 373 |
| 5.076% due 11/20/2035 •  | 1664 | 1571 |
| 5.500% due 09/25/2035  | 1018 | 725 |
| 5.500% due 10/25/2035  | 2181 | 1144 |
| 5.500% due 11/25/2035  | 441 | 245 |
| 5.500% due 03/25/2036  | 60 | 25 |
| 6.000% due 03/25/2036  | 2730 | 1229 |
| 6.250% due 08/25/2037  | 99 | 46 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 4.607% due 11/25/2037 ~  | 296 | 283 |
| 4.894% due 05/25/2035 •  | 37 | 32 |
| 5.074% due 03/25/2035 •  | 95 | 83 |
| 5.138% due 11/25/2034 ~  | 29 | 28 |
| 5.250% due 05/25/2035  | 68 | 48 |
| 5.395% due 02/20/2035 ~  | 1 | 1 |
| 5.852% due 11/20/2034 ~  | 6 | 6 |
| 6.248% due 02/20/2036 •  | 70 | 65 |
| 6.662% due 02/20/2036 •  | 17 | 14 |
| **Countrywide Home Loan Reperforming REMIC Trust** <br>4.854% due 07/25/2036 •  | 1039 | 979 |
| **DSLA Mortgage Loan Trust** <br>4.952% due 08/19/2045 •  | 46 | 41 |
| **First Horizon Mortgage Pass-Through Trust** <br>4.479% due 12/25/2034 ~ | 1 | 1 |
| **GS Mortgage Securities Trust** <br>3.722% due 10/10/2049 ~ | 5225 | 4399 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 01/25/2036 •  | 311 | 251 |
| **GSR Mortgage Loan Trust** <br>4.429% due 11/25/2035 ~ | 2 | 2 |
| **HarborView Mortgage Loan Trust**  |  |  |
| 4.812% due 01/19/2038 •  | 1050 | 922 |
| 4.842% due 12/19/2036 •  | 2402 | 1886 |
| **IndyMac INDX Mortgage Loan Trust**  |  |  |
| 3.768% due 04/25/2037 ~  | 108 | 96 |
| 3.794% due 04/25/2037 ~  | 74 | 68 |
| 4.588% due 12/25/2034 ~  | 7 | 6 |
| 4.834% due 06/25/2046 •  | 288 | 252 |
| 4.954% due 07/25/2035 •  | 2062 | 1378 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>3.379% due 09/15/2050 | 698 | 682 |
| **JP Morgan Mortgage Trust**  |  |  |
| 4.481% due 01/25/2037 ~  | 12 | 9 |
| 5.334% due 11/25/2049 •  | 205 | 196 |
| 5.334% due 12/25/2049 •  | 94 | 90 |
| 5.875% due 02/25/2035 ~  | 1 | 1 |
| 6.373% due 07/25/2035 ~  | 365 | 371 |
| **Lehman XS Trust** <br>4.794% due 12/25/2036 •  | 631 | 613 |
| **MASTR Adjustable Rate Mortgages Trust**  |  |  |
| 4.644% due 04/25/2046 •  | 223 | 205 |
| 6.043% due 11/21/2034 ~  | 25 | 24 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Certificates** <br>5.126% due 11/15/2031 •  | 7 | 7 |
| **Merrill Lynch Mortgage Investors Trust**  |  |  |
| 5.879% due 05/25/2033 ~  | 4 | 4 |
| 6.225% due 02/25/2034 ~  | 2 | 2 |
| 6.676% due 07/25/2034 ~  | 41 | 41 |
| 7.000% due 05/25/2033 ~  | 2 | 2 |
| **Morgan Stanley Mortgage Loan Trust** <br>4.734% due 08/25/2036 •  | 2579 | 576 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 11/25/2059 ~  | 2599 | 2492 |
| 4.500% due 05/25/2058 ~  | 1327 | 1301 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>6.159% due 05/25/2036 ~ | 12682 | 2291 |
| **Prime Mortgage Trust** <br>4.834% due 02/25/2034 •  | 1 | 0 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.854% due 04/25/2046 •  | 175 | 44 |
| 6.000% due 06/25/2036  | 3558 | 2821 |
| 6.000% due 08/25/2036  | 500 | 418 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| 6.500% due 08/25/2036  | 897 | 797 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 01/25/2046 •  | 183 | 51 |
| 4.884% due 04/25/2035 •  | 40 | 20 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 4.754% due 10/25/2035 •  | 24 | 23 |
| 4.874% due 05/25/2037 •  | 80 | 73 |
| 5.799% due 01/25/2035 •  | 32 | 29 |
| 5.969% due 12/25/2034 ~  | 17 | 17 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.854% due 04/25/2036 •  | 188 | 171 |
| 4.874% due 05/25/2036 •  | 99 | 81 |
| 5.054% due 12/25/2035 •  | 3 | 2 |
| 5.092% due 10/19/2034 •  | 5 | 5 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>6.066% due 12/25/2033 ~ | 5 | 5 |
| **TBW Mortgage-Backed Trust** <br>6.000% due 07/25/2036 | 4569 | 1737 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.351% due 12/25/2036 ~  | 141 | 129 |
| 4.376% due 02/25/2037 ~  | 143 | 132 |
| 4.501% due 05/25/2046 •  | 18 | 15 |
| 4.804% due 05/25/2034 •  | 252 | 235 |
| 4.967% due 07/25/2037 ~  | 14 | 13 |
| 4.974% due 12/25/2045 •  | 18 | 19 |
| 5.014% due 10/25/2045 •  | 232 | 233 |
| 5.099% due 02/25/2047 •  | 263 | 241 |
| 5.099% due 03/25/2047 •  | 130 | 113 |
| 5.129% due 01/25/2047 •  | 1 | 1 |
| 5.159% due 04/25/2047 •  | 488 | 444 |
| 5.399% due 08/25/2046 •  | 521 | 477 |
| 5.447% due 08/25/2046 •  | 5323 | 4572 |
| 5.899% due 10/25/2046 •  | 2 | 2 |
| 5.899% due 11/25/2046 •  | 37 | 33 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust** <br>5.369% due 05/25/2046 •  | 234 | 205 |
| **Worldwide Plaza Trust** <br>3.526% due 11/10/2036 | 3300 | 2346 |
| Total Non-Agency Mortgage-Backed Securities (Cost $78,757) |  | 66524 |
| **ASSET-BACKED SECURITIES 7.9%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.2%**  |  |  |
| **Ford Credit Floorplan Master Owner Trust** <br>5.074% due 09/15/2029 •  | 5000 | 5013 |
| **AUTOMOBILE SEQUENTIAL 0.7%**  |  |  |
| **Avis Budget Rental Car Funding AESOP LLC** <br>6.020% due 02/20/2030 | 7300 | 7643 |
| **FCCU Auto Receivables Trust** <br>5.540% due 04/16/2029 | 1000 | 1013 |
| **Ford Auto Securitization Trust** <br>5.053% due 07/15/2028 | 5647 | 4209 |
| **SCCU Auto Receivables Trust** <br>5.450% due 12/15/2027 | $1116 | 1119 |
| **Westlake Automobile Receivables Trust**  |  |  |
| 5.750% due 08/16/2027  | 1533 | 1537 |
| 6.230% due 01/15/2027  | 529 | 530 |
|  |  | 16051 |
| **CASINO SERVICES 0.1%**  |  |  |
| **Gateway Casinos & Entertainment Ltd.** <br>5.000% due 03/12/2038 « | 3535 | 2385 |
| **CMBS OTHER 0.4%**  |  |  |
| **AREIT Trust** <br>5.551% due 01/20/2037 •  | $2066 | 2064 |
| **FS Rialto Issuer LLC** <br>6.202% due 01/19/2039 •  | 1466 | 1470 |
| **HGI CRE CLO Ltd.** <br>6.004% due 04/20/2037 •  | 1414 | 1418 |
| **KREF Ltd.** <br>5.768% due 02/17/2039 •  | 2996 | 3001 |
| **M360 Ltd.** <br>5.936% due 11/22/2038 •  | 214 | 210 |
|  |  | 8163 |
| **CREDIT CARD OTHER 0.3%**  |  |  |
| **Synchrony Card Funding LLC** <br>5.740% due 10/15/2029 | 5500 | 5602 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **HOME EQUITY OTHER 2.1%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.409% due 05/25/2034 •  | 593 | 598 |
| **Argent Securities Trust** <br>4.734% due 06/25/2036 •  | 5017 | 3307 |
| **Bear Stearns Asset-Backed Securities Trust** <br>4.944% due 12/25/2036 •  | 88 | 87 |
| **CIT Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 358 | 361 |
| **Citigroup Mortgage Loan Trust** <br>4.494% due 07/25/2045 •  | 6 | 4 |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.784% due 03/25/2037 •  | 497 | 430 |
| **Countrywide Asset-Backed Certificates** <br>4.914% due 04/25/2037 •  | 333 | 292 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.914% due 03/25/2036 •  | 823 | 741 |
| 5.074% due 09/25/2047 •  | 6658 | 5554 |
| 6.309% due 07/25/2035 •  | 91 | 89 |
| **Credit-Based Asset Servicing & Securitization LLC**  |  |  |
| 3.646% due 12/25/2035 •  | 681 | 652 |
| 4.554% due 07/25/2037 •  | 14 | 9 |
| 4.714% due 07/25/2035 •  | 277 | 270 |
| **Credit-Based Asset Servicing & Securitization Trust**  |  |  |
| 3.221% due 01/25/2037 •  | 24 | 7 |
| 3.390% due 04/25/2037 þ  | 82 | 80 |
| **First NLC Trust** <br>4.504% due 08/25/2037 •  | 13 | 7 |
| **Fremont Home Loan Trust** <br>5.499% due 06/25/2035 •  | 1917 | 1890 |
| **GSAMP Trust**  |  |  |
| 4.504% due 12/25/2036 •  | 5 | 3 |
| 4.574% due 12/25/2036 •  | 1501 | 801 |
| 4.694% due 12/25/2046 •  | 1195 | 635 |
| 4.704% due 03/25/2047 •  | 657 | 502 |
| 4.754% due 04/25/2036 •  | 190 | 126 |
| 4.834% due 11/25/2036 •  | 174 | 81 |
| 4.834% due 01/25/2047 •  | 4921 | 2451 |
| **Lehman ABS Mortgage Loan Trust** <br>4.524% due 06/25/2037 •  | 10 | 7 |
| **Long Beach Mortgage Loan Trust** <br>4.734% due 06/25/2036 •  | 14827 | 6966 |
| **MASTR Asset-Backed Securities Trust**  |  |  |
| 4.794% due 02/25/2036 •  | 1719 | 627 |
| 5.259% due 10/25/2034 •  | 2259 | 2185 |
| **MASTR Specialized Loan Trust** <br>4.954% due 02/25/2036 •  | 1118 | 1097 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.364% due 07/25/2035 •  | 576 | 577 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.634% due 02/25/2037 •  | 1949 | 848 |
| 4.654% due 10/25/2036 •  | 2496 | 1089 |
| 4.764% due 02/25/2037 •  | 4007 | 1744 |
| 4.894% due 09/25/2036 •  | 3180 | 1371 |
| **New Century Home Equity Loan Trust**  |  |  |
| 5.174% due 08/25/2034 •  | 8 | 8 |
| 5.514% due 01/25/2034 •  | 71 | 72 |
| **NovaStar Mortgage Funding Trust** <br>4.774% due 01/25/2037 •  | 5934 | 1965 |
| **Option One Mortgage Loan Trust**  |  |  |
| 4.674% due 04/25/2037 •  | 2983 | 1457 |
| 5.169% due 05/25/2035 •  | 600 | 581 |
| **Soundview Home Loan Trust**  |  |  |
| 4.514% due 06/25/2037 •  | 7 | 5 |
| 4.604% due 07/25/2037 •  | 251 | 222 |
| 4.654% due 01/25/2037 •  | 3023 | 2194 |
| **Structured Asset Investment Loan Trust** <br>6.159% due 11/25/2034 •  | 2253 | 2412 |
| **Structured Asset Securities Corp. Mortgage Loan Trust** <br>5.559% due 04/25/2035 •  | 497 | 514 |
| **Wells Fargo Home Equity Asset-Backed Securities Trust** <br>4.894% due 04/25/2037 •  | 442 | 435 |
|  |  | 45353 |
| **WHOLE LOAN COLLATERAL 0.2%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>6.276% due 10/25/2036 ~ | 6 | 6 |
| **First Franklin Mortgage Loan Trust**  |  |  |
| 4.654% due 12/25/2037 •  | 942 | 907 |
| 5.484% due 09/25/2033 •  | 2434 | 2409 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Securitized** **Asset-Backed Receivables LLC Trust** <br>5.014% due 12/25/2035 •  | 571 | 559 |
|  |  | 3881 |
| **OTHER ABS 3.9%**  |  |  |
| **37 Capital CLO Ltd.**  |  |  |
| 5.346% due 04/15/2035 •  | 1600 | 1595 |
| 5.536% due 10/15/2034 •  | 1000 | 1001 |
| 5.546% due 07/15/2034 •  | 1000 | 1001 |
| **AIMCO CLO** <br>5.530% due 10/17/2034 •  | 1000 | 1002 |
| **American Money Management Corp. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 1000 | 1000 |
| **Anchorage Capital CLO Ltd.** <br>5.319% due 10/20/2034 •  | 600 | 600 |
| **Arbour CLO DAC** <br>3.473% due 05/15/2038 •  | 2000 | 2357 |
| **Ares CLO Ltd.** <br>5.506% due 10/15/2030 •  | $1000 | 1001 |
| **Atlas Senior Loan Fund Ltd.** <br>5.499% due 10/23/2032 •  | 1205 | 1206 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 0.000% due 07/15/2035 •(b)  | 900 | 901 |
| 5.491% due 07/16/2034 •  | 1000 | 999 |
| 5.509% due 07/19/2034 •  | 1000 | 1002 |
| **Benefit Street Partners CLO Ltd.** <br>5.631% due 01/20/2031 •  | 666 | 667 |
| **Birch Grove CLO Ltd.** <br>5.870% due 07/17/2037 •  | 3300 | 3313 |
| **Capital Street Master Trust** <br>5.654% due 10/16/2028 •  | 3000 | 3001 |
| **Carlyle Global Market Strategies CLO Ltd.**  |  |  |
| 5.489% due 07/20/2032 •  | 773 | 773 |
| 5.594% due 07/27/2031 •  | 171 | 172 |
| **Carval CLO Ltd.** <br>5.491% due 07/16/2031 •  | 1160 | 1162 |
| **CBAM Ltd.** <br>5.561% due 04/17/2031 •  | 1281 | 1284 |
| **CBAMR Ltd.** <br>5.886% due 07/15/2037 •  | 2400 | 2407 |
| **Cumulus Static CLO DAC** <br>3.343% due 11/15/2033 •  | 2544 | 3004 |
| **CVC Cordatus Opportunity Loan Fund-R DAC** <br>2.983% due 08/15/2033 •  | 4611 | 5416 |
| **ECMC Group Student Loan Trust** <br>5.170% due 02/27/2068 •  | $876 | 869 |
| **Elevation CLO Ltd.** <br>5.412% due 07/25/2034 •  | 1000 | 1001 |
| **Fortress Credit BSL Ltd.** <br>5.369% due 07/23/2032 •  | 555 | 555 |
| **GoldenTree Loan Management U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | 1000 | 1001 |
| **Grosvenor Place CLO DAC** <br>0.000% due 01/15/2039 •  | 1700 | 2001 |
| **Horizon Aircraft Finance Ltd.** <br>4.458% due 12/15/2038 | $1043 | 997 |
| **ICG U.S. CLO Ltd.** <br>5.251% due 01/16/2033 •  | 651 | 651 |
| **Indigo Credit Management DAC** <br>3.479% due 07/15/2038 •  | 1250 | 1475 |
| **Invesco Euro CLO DAC** <br>3.299% due 01/15/2034 •  | 1600 | 1881 |
| **Invitation Homes Trust** <br>4.000% due 09/17/2041 | $7387 | 7205 |
| **Jamestown CLO Ltd.** <br>5.552% due 07/25/2035 •  | 1200 | 1202 |
| **Madison Park Funding Ltd.** <br>5.522% due 10/22/2034 •  | 1000 | 1001 |
| **Mountain View CLO LLC** <br>5.562% due 01/16/2031 •  | 22 | 22 |
| **Navesink CLO Ltd.** <br>5.526% due 04/15/2036 •  | 1000 | 1001 |
| **Neuberger Berman Loan Advisers CLO Ltd.**  |  |  |
| 5.302% due 10/14/2036 •  | 1000 | 998 |
| 5.542% due 04/14/2035 •  | 4300 | 4302 |
| **Northwoods Capital Ltd.**  |  |  |
| 5.508% due 06/15/2031 •  | 669 | 668 |
| 5.558% due 11/13/2031 •  | 641 | 640 |
| **Ocean Trails CLO** <br>5.546% due 07/15/2034 •  | 1300 | 1302 |
| **Octagon Loan Funding Ltd.** <br>5.766% due 11/18/2031 •  | 1065 | 1067 |
| **OZLM Ltd.** <br>5.419% due 07/20/2030 •  | 288 | 289 |

---

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| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **Palmer** **Square European Loan Funding DAC** <br>3.843% due 08/15/2033 •  | 2000 | 2362 |
| **Pikes Peak CLO** <br>5.466% due 07/15/2034 •  | $1000 | 1001 |
| **Recette CLO Ltd.** <br>5.611% due 04/20/2034 •  | 1000 | 1003 |
| **Regatta Funding Ltd.** <br>5.456% due 01/15/2033 •  | 1266 | 1266 |
| **Sandstone Peak Ltd.** <br>5.536% due 10/15/2034 •  | 750 | 750 |
| **Sound Point CLO Ltd.** <br>5.562% due 01/25/2032 •  | 2447 | 2448 |
| **TCI-Symphony CLO Ltd.** <br>5.448% due 07/15/2030 •  | 874 | 874 |
| **TCW CLO AMR Ltd.** <br>5.624% due 08/16/2034 •  | 1300 | 1302 |
| **Tesla Sustainable Energy Trust** <br>5.080% due 06/21/2050 | 483 | 485 |
| **TIAA CLO Ltd.** <br>5.409% due 01/20/2032 •  | 674 | 675 |
| **Trinitas CLO Ltd.** <br>5.622% due 01/25/2034 •  | 2000 | 2001 |
| **TSTAT Ltd.** <br>5.419% due 07/20/2037 •  | 327 | 328 |
| **Venture CLO Ltd.** <br>5.409% due 10/20/2034 •  | 1000 | 999 |
| **Verdelite Static CLO Ltd.** <br>5.399% due 07/20/2032 •  | 673 | 672 |
| **Voya CLO Ltd.**  |  |  |
| 5.469% due 07/20/2032 •  | 1807 | 1808 |
| 5.603% due 07/14/2031 •  | 456 | 457 |
| **Wellfleet CLO Ltd.** <br>0.000% due 04/20/2034 •(b) | 600 | 600 |
|  |  | 84023 |
| Total Asset-Backed Securities (Cost $179,640) |  | 170471 |
| **SOVEREIGN ISSUES 8.5%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.750% due 05/05/2026 | 3000 | 3031 |
| **Colombia Government International Bond**  |  |  |
| 7.375% due 09/18/2037  | 720 | 689 |
| 8.750% due 11/14/2053  | 800 | 794 |
| **CPPIB Capital, Inc.** <br>4.300% due 06/02/2034 | 5700 | 4366 |
| **Dominican Republic International Bond**  |  |  |
| 4.875% due 09/23/2032  | $800 | 741 |
| 5.500% due 02/22/2029  | 2000 | 1996 |
| **Israel Government International Bond**  |  |  |
| 1.750% due 08/31/2025  | 13100 | 3873 |
| 5.375% due 02/19/2030  | $800 | 816 |
| 5.500% due 03/12/2034  | 6200 | 6286 |
| **Japan Government International Bond**  |  |  |
| 2.000% due 12/20/2044  | 2280000 | 14992 |
| 2.300% due 12/20/2054  | 1760000 | 10987 |
| 2.400% due 03/20/2045  | 424000 | 2964 |
| 2.400% due 03/20/2055  | 265000 | 1691 |
| **Korea Housing Finance Corp.** <br>4.625% due 02/24/2033 | $1500 | 1489 |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (f)  | 91469 | 4320 |
| 3.000% due 12/03/2026 (f)  | 12071 | 630 |
| 4.000% due 11/30/2028 (f)  | 56531 | 2954 |
| **Mexico Government International Bond**  |  |  |
| 3.771% due 05/24/2061  | $10469 | 6210 |
| 5.750% due 10/12/2110  | 10400 | 8232 |
| 6.338% due 05/04/2053  | 3100 | 2852 |
| **Peru Government International Bond**  |  |  |
| 6.150% due 08/12/2032  | 82700 | 24149 |
| 6.950% due 08/12/2031  | 10800 | 3315 |
| **Republic of South Africa Government International Bond**  |  |  |
| 8.250% due 03/31/2032  | 17600 | 949 |
| 8.500% due 01/31/2037  | 70800 | 3481 |
| 8.875% due 02/28/2035  | 633200 | 33398 |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 7800 | 7902 |
| 2.875% due 04/13/2042  | 1690 | 1242 |
| 5.500% due 09/18/2028  | 2850 | 3501 |
| **Saudi Government International Bond**  |  |  |
| 3.375% due 03/05/2032  | 1800 | 2114 |
| 3.750% due 03/05/2037 (k)  | 1400 | 1608 |
| 5.000% due 01/18/2053  | $800 | 683 |
| 5.375% due 01/13/2031  | 4500 | 4670 |
| **Spain Government International Bond** <br>5.150% due 10/31/2044 | 8800 | 12327 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | |
|:---|:---|:---|
| **United** **Kingdom Gilt** <br>4.375% due 07/31/2054 | 3300 | 3926 |
| Total Sovereign Issues (Cost $189,123) |  | 183178 |
|  | SHARES |  |
| **PREFERRED SECURITIES 0.3%**  |  |  |
| **BANKING & FINANCE 0.3%**  |  |  |
| **Brighthouse Holdings LLC**<br>6.500% due 07/27/2037 þ(g) | 1100000 | 987 |
| **Capital Farm Credit ACA**<br>5.000% due 03/15/2026 •(g) | 2700000 | 2713 |
| **CoBank ACB**<br>4.250% due 01/01/2027 •(g) | 2400000 | 2319 |
| **Farm Credit Bank of Texas**<br>7.750% due 06/15/2029 •(g) | 500000 | 521 |
| Total Preferred Securities (Cost $6,700) |  | 6540 |
| **SHORT-TERM INSTRUMENTS 0.4%**  |  |  |
| **MUTUAL FUNDS 0.3%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (i) | 6128288 | 6128 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.321% due 07/03/2025 - 10/21/2025 (d)(e)(o) | $1276 | 1266 |
| Total Short-Term Instruments (Cost $7,394) |  | 7394 |
| Total Investments in Securities (Cost $3,682,025) |  | 3307051 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.1%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.1%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.1%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 130200 | 1268 |
| Total Short-Term Instruments (Cost $1,268) |  | 1268 |
| Total Investments in Affiliates (Cost $1,268) |  | 1268 |
| Total Investments 153.3% (Cost $3,683,293) |  | $3308319 |
| **Financial Derivative Instruments (l)(n) (0.2)**%(Cost or Premiums, net $2,703) |  | (4244) |
| Other Assets and Liabilities, net (53.1)% |  | (1145890) |
| Net Assets 100.0% |  | $2158185 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(d)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(e)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(f)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(g)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(h)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(i)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(j)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Hardwood Funding LLC | Hardwood Funding LLC | Hardwood Funding LLC | 5.330 | 06/07/2035 | 06/07/2035 | 03/11/2025 | 03/11/2025 | $900 | 900 | $912 | 912 | 0.04 |
| Morgan Stanley | Morgan Stanley | Morgan Stanley | 0.000 | 04/02/2032 | 04/02/2032 | 05/06/2020 | 05/06/2020 | 3292 | 3292 | 2568 | 2568 | 0.12 |
| National Football League | National Football League | National Football League | 4.780 | 10/05/2030 | 10/05/2030 | 06/27/2025 | 06/27/2025 | 2700 | 2700 | 2705 | 2705 | 0.13 |
| National Football League | National Football League | National Football League | 5.250 | 10/05/2034 | 10/05/2034 | 06/27/2025 | 06/27/2025 | 2300 | 2300 | 2309 | 2309 | 0.11 |
| Pantheon Senior Debt Secondaries | Pantheon Senior Debt Secondaries | Pantheon Senior Debt Secondaries | 6.317 | 03/26/2026 | 03/26/2026 | 03/18/2025 | 03/18/2025 | 700 | 700 | 700 | 700 | 0.03 |
|  |  |  |  |  |  |  | $ | 9892 | $ | 9194 | 0.43%  | 0.43%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Borrowing Rate<sup>(1)</sup> | Borrowing Rate<sup>(1)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOO | BOO | 4.390%  | 4.390%  | 4.390%  | 07/01/2025 | 07/01/2025 | 07/02/2025 | 07/02/2025 | (40788) | (40788) | (40788) | (40788) |
|  |  | 4.460  | 4.460  | 4.460  | 06/30/2025 | 06/30/2025 | 07/01/2025 | 07/01/2025 | (40227) | (40227) | (40232) | (40232) |
| BRC | BRC | 1.500  | 1.500  | 1.500  | 06/11/2025 | 06/11/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (690) | (690) | (813) | (813) |
| BSN | BSN | 4.450  | 4.450  | 4.450  | 06/09/2025 | 06/09/2025 | 07/14/2025 | 07/14/2025 | (16575) | (16575) | (16620) | (16620) |
| CIB | CIB | 4.440  | 4.440  | 4.440  | 06/06/2025 | 06/06/2025 | 07/18/2025 | 07/18/2025 | (8877) | (8877) | (8905) | (8905) |
| DEU | DEU | 4.470  | 4.470  | 4.470  | 06/26/2025 | 06/26/2025 | 07/01/2025 | 07/01/2025 | (82709) | (82709) | (82760) | (82760) |
|  |  | 4.480  | 4.480  | 4.480  | 07/01/2025 | 07/01/2025 | 07/02/2025 | 07/02/2025 | (83430) | (83430) | (83430) | (83430) |
|  |  | 4.580  | 4.580  | 4.580  | 06/30/2025 | 06/30/2025 | 07/01/2025 | 07/01/2025 | (2937) | (2937) | (2938) | (2938) |
| NXN | NXN | 4.440  | 4.440  | 4.440  | 06/10/2025 | 06/10/2025 | 07/16/2025 | 07/16/2025 | (108742) | (108742) | (109024) | (109024) |
| SCX | SCX | 4.250  | 4.250  | 4.250  | 02/07/2025 | 02/07/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (3924) | (3924) | (3990) | (3990) |
|  |  | 4.300  | 4.300  | 4.300  | 04/07/2025 | 04/07/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (1717) | (1717) | (1734) | (1734) |
| STR | STR | 4.480  | 4.480  | 4.480  | 07/01/2025 | 07/01/2025 | 07/02/2025 | 07/02/2025 | (125186) | (125186) | (125186) | (125186) |
|  |  | 4.490  | 4.490  | 4.490  | 06/30/2025 | 06/30/2025 | 07/01/2025 | 07/01/2025 | (114455) | (114455) | (114470) | (114470) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  |  | **(630890)** | **(630890)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Borrowing Rate<sup>(1)</sup> | Borrowing Rate<sup>(1)</sup> | Borrowing Date | Borrowing Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(3)</sup> |
| UBS | UBS | 4.440%  | 4.440%  | 4.440%  | 06/13/2025 | 06/13/2025 | 08/15/2025 | 08/15/2025 | (896) | (896) | (897) | (897) |
|  |  | 4.450  | 4.450  | 4.450  | 05/29/2025 | 05/29/2025 | 07/07/2025 | 07/07/2025 | (2479) | (2479) | (2489) | (2489) |
|  |  | 4.450  | 4.450  | 4.450  | 06/03/2025 | 06/03/2025 | 07/15/2025 | 07/15/2025 | (7026) | (7026) | (7051) | (7051) |

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| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | | | | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  |  |  |  |  |  |  |  | 4.450  | 4.450  | 4.450  | 4.450  | 06/17/2025 | 06/17/2025 | 07/29/2025 | 07/29/2025 | 07/29/2025 |  | (143358) | (143358) | (143358) |  | (143606) | (143606) |
|  |  |  |  |  |  |  |  |  |  | 4.450  | 4.450  | 4.450  | 4.450  | 06/23/2025 | 06/23/2025 | 07/29/2025 | 07/29/2025 | 07/29/2025 |  | (271313) | (271313) | (271313) |  | (271581) | (271581) |
|  |  |  |  |  |  |  |  |  |  | 4.460  | 4.460  | 4.460  | 4.460  | 05/28/2025 | 05/28/2025 | 07/02/2025 | 07/02/2025 | 07/02/2025 |  | (10010) | (10010) | (10010) |  | (10052) | (10052) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  |  |  |  |  |  |  |  |  | **$** | $**(435676)** | **(435676)** |
| **(k)** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $824,112 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(823031) at a weighted average interest rate of 4.409%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| <sup>(3)</sup> | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. | Payable for sale-buyback transactions includes $(1455) of deferred price drop. |
| **(l)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset |  | Liability |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 205 | 205 | 42645 | 42645 | $165 | 165 | 165 | 165 | 12 | 12 | 12 | $ | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 2119 | 2119 | 237593 | 237593 | 4492 | 4492 | 4492 | 4492 | 662 | 662 | 662 |  | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 3345 | 3345 | 398473 | 398473 | 15166 | 15166 | 15166 | 15166 | 4495 | 4495 | 4495 |  | 0 |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 52 | 52 | 6640 | 6640 | 141 | 141 | 141 | 141 | 7 | 7 | 7 |  | (23) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 19964 | 19964 | 19964 | $ | 5176 | 5176 | 5176 | $ | (23) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset |  | Liability |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 163 | 163 | (24990) | (24990) | $196 | 196 | 196 | 196 | 140 | 140 | 140 | $ | (6) |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 78 | 78 | (75300) | (75300) | (226) | (226) | (226) | (226) | 103 | 103 | 103 |  | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 851 | 851 | (92759) | (92759) | (1115) | (1115) | (1115) | (1115) | 0 | 0 | 0 |  | (113) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 09/2025 | 3933 | 3933 | (449407) | (449407) | (8566) | (8566) | (8566) | (8566) | 0 | 0 | 0 |  | (1905) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9711) | (9711) | (9711) | $ | 243 | 243 | 243 | $ | (2024) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **10253** | **10253** | **10253** | **$** | **5419** | **5419** | **5419** | **$** | **(2047)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Asset | Liability |
| AT&T, Inc.  | AT&T, Inc.  | 1.000% | 1.000% | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.431 | 0.431 | 0.431 | % | $ | $23500 | 23500 | (128) | $ | 513 | $ | 385 | 385 | 385 | 5 | 5 | 5 | 0 |
| BNP Paribas SNR  | BNP Paribas SNR  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2025 | 12/20/2025 | 0.164 | 0.164 | 0.164 |  | EUR | 1100 | 1100 | 7 |  | (1) |  | 6 | 6 | 6 | 0 | 0 | 0 | 0 |
| Glencore Finance  | Glencore Finance  | 5.000 | 5.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 0.910 | 0.910 | 0.910 |  |  | 1600 | 1600 | 338 |  | (8) |  | 330 | 330 | 330 | 1 | 1 | 1 | 0 |
| T-Mobile USA, Inc.  | T-Mobile USA, Inc.  | 5.000 | 5.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.263 | 0.263 | 0.263 |  | $ | $2400 | 2400 | 413 |  | (87) |  | 326 | 326 | 326 | 1 | 1 | 1 | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.416 | 0.416 | 0.416 |  |  | 3000 | 3000 | (9) |  | 59 |  | 50 | 50 | 50 | 1 | 1 | 1 | 0 |
| Verizon Communications, Inc.  | Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2028 | 12/20/2028 | 0.462 | 0.462 | 0.462 |  |  | 800 | 800 | (2) |  | 16 |  | 14 | 14 | 14 | 0 | 0 | 0 | 0 |
| Volkswagen International Finance NV  | Volkswagen International Finance NV  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 0.755 | 0.755 | 0.755 |  | EUR | 200 | 200 | 2 |  | 0 |  | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $621 | $ | 492 | 492 | $1113 | 1113 | 1113 | $8 | 8 | 8 | $0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Asset | Liability |
| CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | CDX.IG-39 5-Year Index  | 1.000% | 1.000% | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 12/20/2027 | 12/20/2027 | $ | $ | 300 | 300 | 1 | $ | 4 | $ | 5 | 5 | 5 | 0 | 0 | 0 | 0 |
| CDX.IG-40 5-Year Index  | CDX.IG-40 5-Year Index  | CDX.IG-40 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2028 | 06/20/2028 | 06/20/2028 | 06/20/2028 |  |  | 3000 | 3000 | 43 |  | 19 |  | 62 | 62 | 62 | 1 | 1 | 1 | 0 |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 | 12/20/2029 | 12/20/2029 |  |  | 11800 | 11800 | 277 |  | (8) |  | 269 | 269 | 269 | 6 | 6 | 6 | 0 |

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| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

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| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  | 90100 |  | 1580 |  | 444 |  | 2024 | 49 |  | 0 |
|  |  |  |  |  |  |  |  |  |  | $ | 1901 | $ | 459 | $ | 2360 | 56 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | Annual | Annual | 03/19/2030 | GBP | 60800 | 60800 | $(1338) | (1338) | $582 | 582 | (756) | $0 | 0 | $(3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.638 | 3.638 | Annual | Annual | 05/31/2028 | $ | $7400 | 7400 | 0 | 0 | (44) | (44) | (44) | 0 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.655 | 3.655 | Annual | Annual | 05/31/2028 |  | 14900 | 14900 | 0 | 0 | (96) | (96) | (96) | 0 | 0 | (12) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.662 | 3.662 | Annual | Annual | 05/31/2028 |  | 72000 | 72000 | 0 | 0 | (477) | (477) | (477) | 0 | 0 | (59) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.679 | 3.679 | Annual | Annual | 05/31/2028 |  | 134400 | 134400 | 0 | 0 | (954) | (954) | (954) | 0 | 0 | (111) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.691 | 3.691 | Annual | Annual | 05/31/2028 |  | 72000 | 72000 | 0 | 0 | (537) | (537) | (537) | 0 | 0 | (59) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.694 | 3.694 | Annual | Annual | 05/31/2028 |  | 71700 | 71700 | 0 | 0 | (540) | (540) | (540) | 0 | 0 | (59) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.807 | 3.807 | Annual | Annual | 05/31/2028 |  | 5100 | 5100 | 0 | 0 | (55) | (55) | (55) | 0 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 06/20/2029 |  | 68400 | 68400 | 109 | 109 | (1007) | (1007) | (898) | 0 | 0 | (87) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | 3.842 | Annual | Annual | 03/04/2030 |  | 1700 | 1700 | (3) | (3) | (26) | (26) | (29) | 0 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.800 | 3.800 | Annual | Annual | 02/28/2031 |  | 30590 | 30590 | 180 | 180 | (660) | (660) | (480) | 0 | 0 | (61) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.328 | 3.328 | Annual | Annual | 04/30/2031 |  | 16300 | 16300 | 0 | 0 | 151 | 151 | 151 | 0 | 0 | (33) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.431 | 3.431 | Annual | Annual | 04/30/2031 |  | 25900 | 25900 | 0 | 0 | 86 | 86 | 86 | 0 | 0 | (53) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.300 | 3.300 | Annual | Annual | 06/30/2031 |  | 48400 | 48400 | 5 | 5 | 775 | 775 | 780 | 0 | 0 | (100) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.441 | 1.441 | Semi-Annual | Semi-Annual | 07/21/2031 |  | 55500 | 55500 | (189) | (189) | 7305 | 7305 | 7116 | 0 | 0 | (105) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 05/15/2032 |  | 105223 | 105223 | (105) | (105) | (1504) | (1504) | (1609) | 0 | 0 | (273) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.950 | 3.950 | Annual | Annual | 09/13/2033 |  | 18300 | 18300 | (65) | (65) | 438 | 438 | 373 | 59 | 59 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.650 | 3.650 | Annual | Annual | 03/05/2034 |  | 13200 | 13200 | (56) | (56) | 55 | 55 | (1) | 45 | 45 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.465 | 3.465 | Annual | Annual | 10/30/2034 |  | 10200 | 10200 | (33) | (33) | (188) | (188) | (221) | 37 | 37 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.470 | 3.470 | Annual | Annual | 11/01/2034 |  | 1500 | 1500 | (5) | (5) | (27) | (27) | (32) | 5 | 5 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.368 | 3.368 | Annual | Annual | 11/15/2049 |  | 100 | 100 | 0 | 0 | 10 | 10 | 10 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.464 | 3.464 | Annual | Annual | 11/15/2049 |  | 300 | 300 | 0 | 0 | 26 | 26 | 26 | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.527 | 3.527 | Annual | Annual | 11/15/2049 |  | 100 | 100 | 0 | 0 | 8 | 8 | 8 | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | 1.750 | Annual | Annual | 12/15/2051 |  | 23200 | 23200 | (989) | (989) | 9756 | 9756 | 8767 | 0 | 0 | (126) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.100 | 4.100 | Annual | Annual | 11/15/2052 |  | 490 | 490 | (1) | (1) | (12) | (12) | (13) | 0 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.330 | 2.330 | Semi-Annual | Semi-Annual | 10/25/2053 |  | 41590 | 41590 | 2597 | 2597 | 10991 | 10991 | 13588 | 0 | 0 | (246) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.300 | 3.300 | Annual | Annual | 11/15/2053 |  | 200 | 200 | (2) | (2) | 25 | 25 | 23 | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.992 | 3.992 | Annual | Annual | 11/15/2053 |  | 1400 | 1400 | 0 | 0 | 15 | 15 | 15 | 11 | 11 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.809 | 3.809 | Annual | Annual | 02/15/2055 |  | 7400 | 7400 | 0 | 0 | 163 | 163 | 163 | 0 | 0 | (62) |
| Pay | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.770 | 2.770 | Annual | Annual | 04/16/2029 | EUR | 1200 | 1200 | (2) | (2) | 34 | 34 | 32 | 0 | 0 | (1) |
| Pay | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.770 | 2.770 | Annual | Annual | 04/29/2034 |  | 4400 | 4400 | (12) | (12) | 114 | 114 | 102 | 0 | 0 | (8) |
| Pay<sup>(6)</sup> | 6-Month AUD-BBR-BBSW | 6-Month AUD-BBR-BBSW | 4.750 | 4.750 | Semi-Annual | Semi-Annual | 12/20/2033 | AUD | 76600 | 76600 | (159) | (159) | 961 | 961 | 802 | 0 | 0 | (107) |
| Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.420 | 2.420 | Annual | Annual | 03/07/2035 | EUR | 3200 | 3200 | (8) | (8) | (45) | (45) | (53) | 0 | 0 | (6) |
| Pay<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2035 |  | 61250 | 61250 | (2342) | (2342) | (2) | (2) | (2344) | 0 | 0 | (124) |
| Receive<sup>(6)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2055 |  | 37600 | 37600 | 2535 | 2535 | 2069 | 2069 | 4604 | 143 | 143 | 0 |
| Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.720 | 7.720 | Lunar | Lunar | 04/01/2030 | MXN | 19000 | 19000 | 0 | 0 | 2 | 2 | 2 | 3 | 3 | 0 |
| Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.750 | 7.750 | Lunar | Lunar | 04/01/2030 |  | 42900 | 42900 | 2 | 2 | 5 | 5 | 7 | 7 | 7 | 0 |
| Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.790 | 7.790 | Lunar | Lunar | 04/01/2030 |  | 37900 | 37900 | 0 | 0 | 9 | 9 | 9 | 6 | 6 | 0 |
| Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.582 | 7.582 | Lunar | Lunar | 04/02/2030 |  | 18100 | 18100 | 0 | 0 | (4) | (4) | (4) | 3 | 3 | 0 |
| Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.748 | 7.748 | Lunar | Lunar | 04/02/2030 |  | 24800 | 24800 | 0 | 0 | 4 | 4 | 4 | 4 | 4 | 0 |

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|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

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| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.910 | Lunar | Lunar | 03/29/2032 |  | 5900 |  | 0 |  | 1 |  | 1 |  | 1 | 1 |  | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 8.100 | Lunar | Lunar | 03/26/2035 |  | 4500 |  | 0 |  | 0 |  | 0 |  | 1 | 1 |  | 0 |
| Receive | Receive | CAONREPO | CAONREPO | 3.000 | Semi-Annual | Semi-Annual | 06/01/2034 | CAD | 5500 |  | 12 |  | (44) |  | (32) |  | 0 | 0 |  | (12) |
|  |  |  |  |  |  |  |  |  | $ | $131 | 131 | $27363 | 27363 | $27494 | 27494 | $325 | 325 | 325 | $(1730) | (1730) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**2653** | **2653** | $**28314** | **28314** | $**30967** | **30967** | $**389** | **389** | **389** | $**(1730)** | **(1730)** |
| **(m)** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $66,058 and cash of $3,276 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. | Unsettled variation margin asset of $29 and liability of $(3) for closed futures is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | CAD | 10 | 10 | 10 | $ | $7 | 7 | 7 | 0 | 0 | 0 | 0 | $0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | CNH | 12696 | 12696 | 12696 |  | 1762 | 1762 | 1762 | 0 | 0 | 0 | 0 | (13) | (13) | (13) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 8404 | 8404 | 8404 |  | 9840 | 9840 | 9840 | 0 | 0 | 0 | 0 | (59) | (59) | (59) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $10204 | 10204 | 10204 | AUD | 15707 | 15707 | 15707 | 134 | 134 | 134 | 134 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 633 | 633 | 633 | NZD | 1052 | 1052 | 1052 | 8 | 8 | 8 | 8 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | AUD | 15707 | 15707 | 15707 | $ | $10210 | 10210 | 10210 | 0 | 0 | 0 | 0 | (135) | (135) | (135) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 24888 | 24888 | 24888 |  | 3468 | 3468 | 3468 | 0 | 0 | 0 | 0 | (22) | (22) | (22) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 1052 | 1052 | 1052 |  | 634 | 634 | 634 | 0 | 0 | 0 | 0 | (8) | (8) | (8) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $7 | 7 | 7 | CAD | 10 | 10 | 10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 9861 | 9861 | 9861 | EUR | 8404 | 8404 | 8404 | 59 | 59 | 59 | 59 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | AUD | 818 | 818 | 818 | $ | $533 | 533 | 533 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | EUR | 51605 | 51605 | 51605 |  | 58678 | 58678 | 58678 | 0 | 0 | 0 | 0 | (2111) | (2111) | (2111) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 10757435 | 10757435 | 10757435 |  | 7891 | 7891 | 7891 | 0 | 0 | 0 | 0 | (66) | (66) | (66) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | PEN | 19975 | 19975 | 19975 |  | 5628 | 5628 | 5628 | 4 | 4 | 4 | 4 | (14) | (14) | (14) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $1016 | 1016 | 1016 | IDR | 16570067 | 16570067 | 16570067 | 6 | 6 | 6 | 6 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 4993 | 4993 | 4993 | PEN | 17975 | 17975 | 17975 | 81 | 81 | 81 | 81 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 448 | 448 | 448 | SGD | 574 | 574 | 574 | 3 | 3 | 3 | 3 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | SGD | 572 | 572 | 572 | $ | $448 | 448 | 448 | 0 | 0 | 0 | 0 | (3) | (3) | (3) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 373 | 373 | 373 |  | 11 | 11 | 11 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 11/2025  | 11/2025  | 11/2025  | PEN | 18048 | 18048 | 18048 |  | 4993 | 4993 | 4993 | 0 | 0 | 0 | 0 | (80) | (80) | (80) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 07/2025  | 07/2025  | BRL | 5622 | 5622 | 5622 |  | 1030 | 1030 | 1030 | 0 | 0 | 0 | 0 | (5) | (5) | (5) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | 2420 | 2420 | 2420 |  | 239 | 239 | 239 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SEK | 3935 | 3935 | 3935 |  | 410 | 410 | 410 | 0 | 0 | 0 | 0 | (6) | (6) | (6) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | THB | 1206 | 1206 | 1206 |  | 36 | 36 | 36 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | TWD | 68862 | 68862 | 68862 |  | 2118 | 2118 | 2118 | 0 | 0 | 0 | 0 | (253) | (253) | (253) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $1010 | 1010 | 1010 | BRL | 5622 | 5622 | 5622 | 25 | 25 | 25 | 25 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 1998 | 1998 | 1998 | IDR | 32596341 | 32596341 | 32596341 | 12 | 12 | 12 | 12 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 150 | 150 | 150 | THB | 4913 | 4913 | 4913 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 565 | 565 | 565 | TWD | 16825 | 16825 | 16825 | 13 | 13 | 13 | 13 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 10794 | 10794 | 10794 | $ | $1511 | 1511 | 1511 | 0 | 0 | 0 | 0 | (2) | (2) | (2) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | JPY | 1685 | 1685 | 1685 |  | 12 | 12 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | TWD | 72120 | 72120 | 72120 |  | 2213 | 2213 | 2213 | 0 | 0 | 0 | 0 | (295) | (295) | (295) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $1307 | 1307 | 1307 | INR | 113570 | 113570 | 113570 | 16 | 16 | 16 | 16 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  |  | 99 | 99 | 99 | TWD | 3237 | 3237 | 3237 | 14 | 14 | 14 | 14 | 0 | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  | 09/2025  | ILS | 13020 | 13020 | 13020 | $ | $3557 | 3557 | 3557 | 0 | 0 | 0 | 0 | (311) | (311) | (311) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 07/2025  | 07/2025  | EUR | 2203 | 2203 | 2203 |  | 2502 | 2502 | 2502 | 0 | 0 | 0 | 0 | (93) | (93) | (93) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | GBP | 1128 | 1128 | 1128 |  | 1535 | 1535 | 1535 | 0 | 0 | 0 | 0 | (14) | (14) | (14) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ILS | 11161 | 11161 | 11161 |  | 3206 | 3206 | 3206 | 0 | 0 | 0 | 0 | (108) | (108) | (108) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | KRW | 173381 | 173381 | 173381 |  | 127 | 127 | 127 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | NOK | 199 | 199 | 199 |  | 20 | 20 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | TRY | 36904 | 36904 | 36904 |  | 896 | 896 | 896 | 0 | 0 | 0 | 0 | (14) | (14) | (14) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $1590 | 1590 | 1590 | ILS | 5367 | 5367 | 5367 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 558 | 558 | 558 | PLN | 2092 | 2092 | 2092 | 22 | 22 | 22 | 22 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 13599 | 13599 | 13599 | TRY | 557913 | 557913 | 557913 | 129 | 129 | 129 | 129 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | ZAR | 299778 | 299778 | 299778 | $ | $16584 | 16584 | 16584 | 0 | 0 | 0 | 0 | (322) | (322) | (322) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | PEN | 23923 | 23923 | 23923 |  | 6485 | 6485 | 6485 | 0 | 0 | 0 | 0 | (260) | (260) | (260) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | $ | $1535 | 1535 | 1535 | GBP | 1128 | 1128 | 1128 | 14 | 14 | 14 | 14 | 0 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 07/2025  | 07/2025  | PEN | 24726 | 24726 | 24726 | $ | $6625 | 6625 | 6625 | 0 | 0 | 0 | 0 | (350) | (350) | (350) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $560 | 560 | 560 | PEN | 1999 | 1999 | 1999 | 4 | 4 | 4 | 4 | 0 | 0 | 0 |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 5134 | 18175 | 0 | (8) |
|  | 09/2025  | 2003 | $560 | 0 | (4) |
|  | 09/2025  | $137 | 498 | 3 | 0 |
|  | 12/2025  | 18238 | $5134 | 9 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 110254 | 20204 | 0 | (89) |
|  | 07/2025  | 19 | 14 | 0 | 0 |
|  | 07/2025  | 4530410 | 3301 | 0 | (50) |
|  | 07/2025  | 17980 | 4915 | 0 | (160) |
|  | 07/2025  | 63087 | 1897 | 0 | (46) |
|  | 07/2025  | 111606 | 3430 | 0 | (412) |
|  | 07/2025  | $19036 | 110254 | 1257 | 0 |
|  | 07/2025  | 852 | 13875420 | 4 | 0 |
|  | 07/2025  | 5187 | 18371 | 2 | (4) |
|  | 07/2025  | 921 | 27310 | 19 | 0 |
|  | 08/2025  | 4042 | $562 | 0 | (5) |
|  | 08/2025  | 425 | 42 | 0 | 0 |
|  | 08/2025  | 30006 | 8039 | 0 | (425) |
|  | 08/2025  | 159336 | 4888 | 0 | (651) |
|  | 08/2025  | $9784 | 843276 | 38 | (4) |
|  | 08/2025  | 42 | 150 | 1 | 0 |
|  | 09/2025  | 4372 | $228 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 5420 | 1564 | 0 | (45) |
|  | 07/2025  | 177271 | 130 | 0 | (1) |
|  | 07/2025  | 59 | 46 | 0 | (1) |
|  | 07/2025  | $62423 | 53808 | 961 | 0 |
|  | 07/2025  | 125 | 2037084 | 0 | 0 |
|  | 07/2025  | 539 | 16017 | 13 | 0 |
|  | 08/2025  | 53690 | $62423 | 0 | (960) |
|  | 08/2025  | $4535 | 391321 | 21 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 14889 | 9607 | 0 | (193) |
|  | 07/2025  | 73137 | 13208 | 0 | (253) |
|  | 07/2025  | 6042 | 7337 | 0 | (278) |
|  | 07/2025  | 6458 | 899 | 0 | (5) |
|  | 07/2025  | 598927 | 4175 | 16 | 0 |
|  | 07/2025  | 149 | 116 | 0 | (1) |
|  | 07/2025  | $13402 | 73137 | 59 | 0 |
|  | 07/2025  | 7548 | 6043 | 68 | 0 |
|  | 07/2025  | 2350 | 342041 | 25 | 0 |
|  | 07/2025  | 2886 | 10643 | 66 | 0 |
|  | 07/2025  | 360 | 459 | 1 | 0 |
|  | 08/2025  | 6018 | $7548 | 0 | (68) |
|  | 08/2025  | 11393 | 1592 | 0 | (6) |
|  | 08/2025  | 340783 | 2350 | 0 | (25) |
|  | 08/2025  | 529 | 416 | 0 | (1) |
|  | 08/2025  | $2167 | 187419 | 15 | 0 |
|  | 09/2025  | 82532 | $4239 | 0 | (124) |
|  | 09/2025  | $12634 | 70920 | 220 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 16873 | $519 | 0 | (62) |
|  | 07/2025  | $202 | 3284991 | 1 | 0 |
|  | 07/2025  | 140 | 178 | 0 | 0 |
|  | 07/2025  | 1249 | $69 | 0 | (1) |
|  | 08/2025  | 178 | 140 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; IND | 07/2025  | $416 | 3940 | 0 | 0 |
|  | 08/2025  | 3932 | $416 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 42989 | 7539 | 0 | (374) |
|  | 07/2025  | 12236 | 1695 | 0 | (16) |
|  | 07/2025  | 374431 | 274 | 0 | (3) |
|  | 07/2025  | 1052 | 627 | 0 | (14) |
|  | 07/2025  | 3953 | 3077 | 0 | (32) |
|  | 07/2025  | 69620 | 2140 | 0 | (257) |
|  | 07/2025  | $7878 | 42989 | 35 | 0 |
|  | 07/2025  | 11180 | 41678 | 381 | 0 |
|  | 07/2025  | 293 | 376 | 2 | 0 |
|  | 07/2025  | 84999 | $4756 | 0 | (37) |
|  | 08/2025  | 23170 | 3226 | 0 | (23) |
|  | 08/2025  | 375 | 293 | 0 | (2) |
|  | 08/2025  | 80744 | 2477 | 0 | (330) |
|  | 08/2025  | $1461 | 126666 | 14 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 49525 | $36082 | 0 | (286) |
|  | 07/2025  | 9 | 11 | 0 | 0 |
|  | 07/2025  | 5866 | 814 | 0 | (6) |
|  | 07/2025  | 27356 | 190 | 0 | 0 |
|  | 07/2025  | 9496 | 7402 | 0 | (66) |
|  | 07/2025  | 31669 | 957 | 0 | (18) |
|  | 07/2025  | 42213 | 1295 | 0 | (158) |
|  | 07/2025  | $36055 | 49561 | 340 | 0 |
|  | 07/2025  | 9854 | 8404 | 46 | 0 |
|  | 07/2025  | 240 | 3906917 | 1 | 0 |
|  | 07/2025  | 4293 | 16073 | 166 | 0 |
|  | 07/2025  | 7738 | 10007 | 132 | 0 |
|  | 07/2025  | 41 | 1224 | 1 | 0 |
|  | 08/2025  | 49479 | $36055 | 0 | (341) |
|  | 08/2025  | 17482 | 2433 | 0 | (19) |
|  | 08/2025  | 8962 | 62 | 0 | 0 |
|  | 08/2025  | 9984 | 7739 | 0 | (134) |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

---

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | 08/2025  | 08/2025  | TWD | 58975 | 58975 | 58975 |  | 1817 | 1817 | 1817 |  | 0 | 0 |  |  | (233) | (233) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | JPY | 13530 | 13530 | 13530 |  | 94 | 94 | 94 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | $ | $1835 | 1835 | 1835 | JPY | 266030 | 266030 | 266030 |  | 12 | 12 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 404 | 404 | 404 | NOK | 4074 | 4074 | 4074 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 15 | 15 | 15 | PLN | 56 | 56 | 56 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | CNH | 11612 | 11612 | 11612 | $ | 1622 | 1622 | 1622 |  | 0 | 0 |  |  | (6) | (6) |
|  |  |  | 08/2025  | 08/2025  | JPY | 265051 | 265051 | 265051 |  | 1835 | 1835 | 1835 |  | 0 | 0 |  |  | (12) | (12) |
|  |  |  | 08/2025  | 08/2025  | NOK | 4074 | 4074 | 4074 |  | 404 | 404 | 404 |  | 0 | 0 |  |  | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $ | $2412 | 2412 | 2412 | IDR | 39317197 | 39317197 | 39317197 |  | 12 | 12 |  |  | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | ILS | 82 | 82 | 82 | $ | 24 | 24 | 24 |  | 0 | 0 |  |  | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | TWD | 4144 | 4144 | 4144 |  | 142 | 142 | 142 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | $ | $938 | 938 | 938 | IDR | 15277430 | 15277430 | 15277430 |  | 4 | 4 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 207 | 207 | 207 | JPY | 29887 | 29887 | 29887 |  | 1 | 1 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 1545 | 1545 | 1545 | SGD | 1993 | 1993 | 1993 |  | 22 | 22 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 1632 | 1632 | 1632 | TWD | 48501 | 48501 | 48501 |  | 38 | 38 |  |  | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | CNH | 20006 | 20006 | 20006 | $ | 2801 | 2801 | 2801 |  | 0 | 0 |  |  | (5) | (5) |
|  |  |  | 08/2025  | 08/2025  | JPY | 29777 | 29777 | 29777 |  | 207 | 207 | 207 |  | 0 | 0 |  |  | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | SGD | 1989 | 1989 | 1989 |  | 1545 | 1545 | 1545 |  | 0 | 0 |  |  | (23) | (23) |
|  |  |  | 08/2025  | 08/2025  | TWD | 23663 | 23663 | 23663 |  | 725 | 725 | 725 |  | 0 | 0 |  |  | (97) | (97) |
|  |  |  | 08/2025  | 08/2025  | $ | $1529 | 1529 | 1529 | INR | 131299 | 131299 | 131299 |  | 0 | 0 |  |  | (1) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  |  | 1527 | 1527 | 1527 | GBP | 1128 | 1128 | 1128 |  | 21 | 21 |  |  | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | ILS | 820 | 820 | 820 | $ | 229 | 229 | 229 |  | 0 | 0 |  |  | (15) | (15) |
|  |  |  | 07/2025  | 07/2025  | JPY | 8828 | 8828 | 8828 |  | 61 | 61 | 61 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | KRW | 157220 | 157220 | 157220 |  | 116 | 116 | 116 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | NOK | 1879 | 1879 | 1879 |  | 185 | 185 | 185 |  | 0 | 0 |  |  | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | THB | 5029 | 5029 | 5029 |  | 151 | 151 | 151 |  | 0 | 0 |  |  | (4) | (4) |
|  |  |  | 07/2025  | 07/2025  | $ | $116 | 116 | 116 | KRW | 157296 | 157296 | 157296 |  | 0 | 0 |  |  | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  |  | 2414 | 2414 | 2414 | CNH | 17318 | 17318 | 17318 |  | 14 | 14 |  |  | 0 | 0 |
|  |  |  | 09/2025  | 09/2025  |  | 142 | 142 | 142 | MXN | 2745 | 2745 | 2745 |  | 3 | 3 |  |  | 0 | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**4593** | **4593** | **4593** | **$** | $**(10955)** | **(10955)** | **(10955)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Counterparty | Description | Description | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value |
| GST | GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850% | 0.850% | 0.850% | 07/16/2025 | 10500 | 10500 | 10500 | (14) | (14) | $ | $(1) | (1) |
| JPM | JPM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 1.000 | 1.000 | 1.000 | 07/16/2025 | 19300 | 19300 | 19300 | (20) | (20) |  | (1) | (1) |
| RBC | RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850 | 0.850 | 0.850 | 07/16/2025 | 22900 | 22900 | 22900 | (28) | (28) |  | (1) | (1) |
|  |  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.900 | 0.900 | 0.900 | 07/16/2025 | 1200 | 1200 | 1200 | (2) | (2) |  | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (64) | (64) | $ | $(3) | (3) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value | Market<br>Value |
| NGF | NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.545% | 3.545% | 3.545% | 07/28/2025 | 1300 | 1300 | 1300 | (4) | (4) | $ | $(5) | (5) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.895 | 3.895 | 3.895 | 07/28/2025 | 1300 | 1300 | 1300 | (4) | (4) |  | (3) | (3) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8) | (8) | $ | $(8) | (8) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **(72)** | **(72)** | **$** | $**(11)** | **(11)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Reference Entity | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> |  | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| GST | Equinix, Inc.  | Equinix, Inc.  | Equinix, Inc.  | 5.000% | 5.000% | Quarterly | 06/20/2027 | 0.720% | 0.720% | 0.720% | $900 | $ | 126 | 126 | $(52) | $74 | 74 | 74 | $0 |
|  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | 1.000 | 1.000 | Quarterly | 06/20/2026 | 1.490 | 1.490 | 1.490 | 500 |  | (4) | (4) | 2 | 0 | 0 | 0 | (2) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **122** | **122** | $**(50)** | $**74** | **74** | **74** | $**(2)** |
| **(o)** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $5,918 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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| &nbsp;&nbsp; Schedule of Investments PIMCO Long Duration Total Return Fund (Cont.) | &nbsp;&nbsp;&nbsp; June 30, 2025 (Unaudited) |

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|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $0 | $8690 | $8945 | $17635 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 0 | 406955 | 1502 | 408457 |
| Industrials | Industrials | 500 | 367766 | 5014 | 373280 |
| Utilities | Utilities | 0 | 256119 | 0 | 256119 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | 0 | 11260 | 0 | 11260 |
| Georgia | Georgia | 0 | 8013 | 0 | 8013 |
| Illinois | Illinois | 0 | 5539 | 0 | 5539 |
| Nevada | Nevada | 0 | 453 | 0 | 453 |
| New Mexico | New Mexico | 0 | 864 | 0 | 864 |
| New York | New York | 0 | 5546 | 0 | 5546 |
| Ohio | Ohio | 0 | 951 | 0 | 951 |
| Pennsylvania | Pennsylvania | 0 | 2786 | 0 | 2786 |
| Texas | Texas | 0 | 4659 | 0 | 4659 |
| U.S. Government Agencies | U.S. Government Agencies | 0 | 376952 | 0 | 376952 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 1400430 | 0 | 1400430 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 66524 | 0 | 66524 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile ABS Other | Automobile ABS Other | 0 | 5013 | 0 | 5013 |
| Automobile Sequential | Automobile Sequential | 0 | 16051 | 0 | 16051 |
| Casino Services | Casino Services | 0 | 0 | 2385 | 2385 |
| CMBS Other | CMBS Other | 0 | 8163 | 0 | 8163 |
| Credit Card Other | Credit Card Other | 0 | 5602 | 0 | 5602 |
| Home Equity Other | Home Equity Other | 0 | 45353 | 0 | 45353 |
| Whole Loan Collateral | Whole Loan Collateral | 0 | 3881 | 0 | 3881 |
| Other ABS | Other ABS | 0 | 84023 | 0 | 84023 |
| Sovereign Issues | Sovereign Issues | 0 | 183178 | 0 | 183178 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | Banking & Finance | 0 | 6540 | 0 | 6540 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 0 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | 0 | 6128 | 0 | 6128 |
| U.S. Treasury Bills | U.S. Treasury Bills | 0 | 1266 | 0 | 1266 |
|  |  | $500 | $3288705 | $17846 | $3307051 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $1268 | $0 | $0 | $1268 |
| Total Investments | Total Investments | $1768 | $3288705 | $17846 | $3308319 |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 250 | 5558 | 0 | 5808 |
| Over the counter | Over the counter | 0 | 4667 | 0 | 4667 |
|  |  | $250 | $10225 | $0 | $10475 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (29) | (3748) | 0 | (3777) |
| Over the counter | Over the counter | 0 | (10968) | 0 | (10968) |
|  |  | $(29) | $(14716) | $0 | $(14745) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | $221 | $(4491) | $0 | $(4270) |
| Totals | Totals | $1989 | $3284214 | $17846 | $3304049 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 106.8% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 0.9%**  |  |  |
| **Altice France SA**<br>7.779% (EUR003M + 5.500%) due 08/15/2028 ~ | 1499 | $1593 |
| **Carnival Corp.**<br>6.312% (TSFR1M + 2.000%) due 08/08/2027 ~ | $478 | 479 |
| **Databricks, Inc.**  |  |  |
| TBD% - 1.000% due 01/03/2031 «µ | 322 | 326 |
| TBD% - 1.000% (TSFR1M + 4.500%) due 01/03/2031« ~ | 1456 | 1470 |
| **JetBlue Airways Corp.**<br>9.069% (TSFR3M + 4.750%) due 08/27/2029 ~ | 3970 | 3738 |
| **Oi SA**<br>TBD% due 12/30/2050 « | 1480 | 15 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(l) | 1100 | 1100 |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(l) | 756 | 891 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | $1600 | 1623 |
| **Republic of Panama**<br>4.103% (EUR006M + 1.750%) due 03/05/2027 «~ | 12000 | 14238 |
| **Stonepeak Nile Parent LLC**<br>9.250% (PRIME + 1.750%) due 04/09/2032 ~ | $1300 | 1306 |
| **Westmoreland Coal Co.**<br>8.000% due 03/15/2029 « | 973 | 384 |
| Total Loan Participations and Assignments (Cost $27,738) |  | 27163 |
| **CORPORATE BONDS & NOTES 67.1%**  |  |  |
| **BANKING & FINANCE 23.8%**  |  |  |
| **Agree LP** <br>4.800% due 10/01/2032 | 700 | 693 |
| **Aircastle Ltd.** <br>5.950% due 02/15/2029 | 1400 | 1447 |
| **Alexandria Real Estate Equities, Inc.** <br>3.000% due 05/18/2051 | 1500 | 910 |
| **Alfa Bank AO Via Alfa Bond Issuance PLC** <br>5.950% due 04/15/2030 ^« (d) | 1200 | 72 |
| **American Assets Trust LP** <br>6.150% due 10/01/2034 | 3500 | 3500 |
| **American Financial Group, Inc.** <br>4.500% due 06/15/2047 | 7700 | 6226 |
| **American Homes 4 Rent LP**  |  |  |
| 3.375% due 07/15/2051  | 2000 | 1325 |
| 3.625% due 04/15/2032  | 3700 | 3416 |
| 4.950% due 06/15/2030  | 600 | 606 |
| **American Tower Corp.**  |  |  |
| 1.875% due 10/15/2030  | 1300 | 1130 |
| 2.950% due 01/15/2051  | 8300 | 5262 |
| 3.100% due 06/15/2050  | 10900 | 7156 |
| 3.700% due 10/15/2049  | 10000 | 7317 |
| 4.050% due 03/15/2032  | 7800 | 7464 |
| **Antares Holdings LP**  |  |  |
| 3.750% due 07/15/2027  | 3750 | 3607 |
| 6.350% due 10/23/2029  | 1600 | 1617 |
| 7.950% due 08/11/2028  | 1600 | 1691 |
| **Aon North America, Inc.** <br>5.750% due 03/01/2054 | 3100 | 3059 |
| **Apollo Debt Solutions BDC**  |  |  |
| 6.700% due 07/29/2031  | 2500 | 2599 |
| 6.900% due 04/13/2029  | 1200 | 1253 |
| **Arch Capital Finance LLC** <br>5.031% due 12/15/2046 | 500 | 452 |
| **Arch Capital Group Ltd.** <br>3.635% due 06/30/2050 | 2465 | 1799 |
| **Ares Finance Co. LLC**  |  |  |
| 3.250% due 06/15/2030  | 1100 | 1024 |
| 3.650% due 02/01/2052  | 1900 | 1318 |
| **Ares Management Corp.** <br>5.600% due 10/11/2054 | 2000 | 1890 |
| **Ares Strategic Income Fund** <br>6.200% due 03/21/2032 | 1400 | 1405 |
| **Assured Guaranty U.S. Holdings, Inc.**  |  |  |
| 3.150% due 06/15/2031  | 1950 | 1803 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.600% due 09/15/2051  | 1200 | 818 |
| **Athene Global Funding**  |  |  |
| 5.322% due 11/13/2031  | 1500 | 1513 |
| 5.526% due 07/11/2031  | 3350 | 3425 |
| **Aviation Capital Group LLC**  |  |  |
| 4.875% due 10/01/2025  | 4500 | 4498 |
| 6.750% due 10/25/2028  | 4097 | 4357 |
| **Avolon Holdings Funding Ltd.**  |  |  |
| 2.528% due 11/18/2027  | 1000 | 951 |
| 5.375% due 05/30/2030  | 1300 | 1325 |
| **AXIS Specialty Finance LLC** <br>3.900% due 07/15/2029 | 3000 | 2915 |
| **Banca Monte dei Paschi di Siena SpA** <br>1.875% due 01/09/2026 | 2120 | 2488 |
| **Banco Bilbao Vizcaya Argentaria SA**  |  |  |
| 7.750% due 01/14/2032 •(k)  | $2300 | 2337 |
| 7.883% due 11/15/2034 •  | 1800 | 2046 |
| 8.375% due 06/21/2028 •(k)  | 2000 | 2611 |
| **Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa** <br>4.375% due 04/11/2027 | $200 | 198 |
| **Banco Santander SA** <br>9.625% due 11/21/2028 •(k) | 1000 | 1106 |
| **Bank of America Corp.**  |  |  |
| 2.572% due 10/20/2032 •  | 6000 | 5290 |
| 2.676% due 06/19/2041 •  | 19400 | 13849 |
| 2.972% due 07/21/2052 •  | 800 | 518 |
| 3.311% due 04/22/2042 •  | 12200 | 9369 |
| 4.083% due 03/20/2051 •  | 300 | 238 |
| 5.202% due 04/25/2029 •  | 2700 | 2760 |
| 5.468% due 01/23/2035 •  | 6800 | 6989 |
| 5.511% due 01/24/2036 •  | 1700 | 1749 |
| 5.872% due 09/15/2034 •  | 6300 | 6650 |
| **Bank of America NA** <br>6.000% due 10/15/2036 | 1200 | 1269 |
| **Barclays PLC**  |  |  |
| 5.335% due 09/10/2035 •  | 1000 | 993 |
| 5.851% due 03/21/2035 •  | 5100 | 7079 |
| 6.036% due 03/12/2055 •  | $200 | 206 |
| 6.224% due 05/09/2034 •  | 4400 | 4672 |
| 6.375% due 12/15/2025 •(j)(k)  | 1600 | 2201 |
| 9.250% due 09/15/2028 •(j)(k)  | 1000 | 1479 |
| **BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico**  |  |  |
| 5.875% due 09/13/2034 •(k)  | $1000 | 983 |
| 8.450% due 06/29/2038 •(k)  | 1300 | 1376 |
| **BGC Group, Inc.**  |  |  |
| 4.375% due 12/15/2025  | 600 | 598 |
| 6.150% due 04/02/2030  | 2600 | 2637 |
| 6.600% due 06/10/2029  | 500 | 518 |
| 8.000% due 05/25/2028  | 2100 | 2247 |
| **Blackstone Holdings Finance Co. LLC**  |  |  |
| 2.800% due 09/30/2050  | 350 | 212 |
| 3.200% due 01/30/2052  | 10000 | 6516 |
| 3.500% due 09/10/2049  | 2500 | 1733 |
| **Blue Owl Finance LLC** <br>4.375% due 02/15/2032 | 3700 | 3457 |
| **BNP Paribas SA** <br>3.132% due 01/20/2033 •  | 3200 | 2850 |
| **BPCE SA**  |  |  |
| 6.293% due 01/14/2036 •  | 1100 | 1156 |
| 7.003% due 10/19/2034 •  | 4800 | 5276 |
| **Brixmor Operating Partnership LP** <br>4.125% due 05/15/2029 | 1200 | 1180 |
| **Brookfield Capital Finance LLC** <br>6.087% due 06/14/2033 | 1200 | 1270 |
| **Brookfield Finance LLC** <br>3.450% due 04/15/2050 | 2000 | 1357 |
| **Brookfield Finance, Inc.**  |  |  |
| 3.500% due 03/30/2051  | 8700 | 5908 |
| 3.625% due 02/15/2052  | 1900 | 1316 |
| 5.968% due 03/04/2054  | 7075 | 7067 |
| **Brown & Brown, Inc.** <br>6.250% due 06/23/2055 | 3100 | 3198 |
| **CaixaBank SA** <br>3.625% due 09/14/2028 •(k) | 1400 | 1564 |
| **Cantor Fitzgerald LP** <br>7.200% due 12/12/2028 | $4400 | 4672 |
| **Carlyle Finance LLC** <br>5.650% due 09/15/2048 | 3100 | 2952 |
| **CBRE Services, Inc.** <br>5.950% due 08/15/2034 | 3100 | 3265 |
| **CI Financial Corp.**  |  |  |
| 4.100% due 06/15/2051  | 1200 | 854 |
| 7.500% due 05/30/2029  | 3200 | 3378 |
| **Citadel Finance LLC** <br>5.900% due 02/10/2030 | 2200 | 2222 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Citadel** **LP** <br>6.375% due 01/23/2032 | 1000 | 1045 |
| **Commonwealth Bank of Australia** <br>3.784% due 03/14/2032 (k) | 1800 | 1669 |
| **Constellation Insurance, Inc.** <br>6.800% due 01/24/2030 | 3000 | 2985 |
| **Cooperatieve Rabobank UA**  |  |  |
| 3.758% due 04/06/2033 •  | 1000 | 934 |
| 4.375% due 06/29/2027 •(j)(k)  | 1600 | 1882 |
| 4.625% due 12/29/2025 •(j)(k)  | 4600 | 5439 |
| **Corebridge Financial, Inc.** <br>6.375% due 09/15/2054 •  | $4000 | 3997 |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | 800 | 724 |
| **Credit Agricole SA**  |  |  |
| 5.862% due 01/09/2036 •  | 1100 | 1141 |
| 7.250% due 09/23/2028 •(j)(k)  | 6100 | 7756 |
| **Credit Opportunities Partners LLC**  |  |  |
| 6.520% due 03/20/2028 «(l)  | $900 | 906 |
| 6.740% due 03/20/2030 «(l)  | 1000 | 1011 |
| **Credit Suisse AG AT1 Claim** | 9666 | 1160 |
| **Crown Castle, Inc.**  |  |  |
| 2.100% due 04/01/2031  | 5800 | 4979 |
| 5.200% due 09/01/2034  | 6300 | 6245 |
| **Dai-ichi Life Insurance Co. Ltd.** <br>6.200% due 01/16/2035 •(j) | 1600 | 1618 |
| **Deutsche Bank AG** <br>3.729% due 01/14/2032 •  | 2900 | 2658 |
| **Doctors Co. An Interinsurance Exchange** <br>4.500% due 01/18/2032 | 4600 | 4097 |
| **EPR Properties**  |  |  |
| 3.750% due 08/15/2029  | 2450 | 2334 |
| 4.500% due 06/01/2027  | 1167 | 1162 |
| **Equinix, Inc.**  |  |  |
| 3.000% due 07/15/2050  | 3200 | 2002 |
| 3.400% due 02/15/2052  | 2500 | 1678 |
| **Equitable Holdings, Inc.**  |  |  |
| 5.594% due 01/11/2033  | 1000 | 1041 |
| 6.700% due 03/28/2055 •  | 800 | 821 |
| **Erste Group Bank AG** <br>4.250% due 10/15/2027 •(j)(k) | 1200 | 1393 |
| **Essex Portfolio LP**  |  |  |
| 5.375% due 04/01/2035  | $900 | 914 |
| 5.500% due 04/01/2034  | 1200 | 1226 |
| **Fairfax Financial Holdings Ltd.**  |  |  |
| 6.000% due 12/07/2033  | 2700 | 2818 |
| 6.100% due 03/15/2055  | 3500 | 3431 |
| 6.350% due 03/22/2054  | 1000 | 1014 |
| **Farmers Insurance Exchange** <br>4.747% due 11/01/2057 •  | 5000 | 4095 |
| **Fidelity National Financial, Inc.** <br>3.200% due 09/17/2051 | 8100 | 5005 |
| **First American Financial Corp.** <br>5.450% due 09/30/2034 | 1800 | 1764 |
| **FMR LLC** <br>6.450% due 11/15/2039 | 4500 | 4980 |
| **Fortress Transportation & Infrastructure Investors LLC** <br>7.875% due 12/01/2030 | 1200 | 1274 |
| **Franklin Resources, Inc.** <br>2.950% due 08/12/2051 | 900 | 554 |
| **Freedom Mortgage Corp.** <br>12.000% due 10/01/2028 | 1500 | 1614 |
| **FS KKR Capital Corp.**  |  |  |
| 3.125% due 10/12/2028  | 2100 | 1926 |
| 6.125% due 01/15/2030  | 1900 | 1888 |
| 7.875% due 01/15/2029  | 1000 | 1056 |
| **GA Global Funding Trust**  |  |  |
| 5.200% due 12/09/2031  | 650 | 651 |
| 5.500% due 01/08/2029  | 3700 | 3794 |
| 5.900% due 01/13/2035  | 1500 | 1522 |
| **GAIF Bond Issuer Pty. Ltd.** <br>3.400% due 09/30/2026 | 5000 | 4930 |
| **GGAM Finance Ltd.** <br>8.000% due 02/15/2027 | 1400 | 1444 |
| **Global Atlantic Fin Co.** <br>6.750% due 03/15/2054 | 200 | 205 |
| **GLP Capital LP**  |  |  |
| 4.000% due 01/15/2030  | 5000 | 4809 |
| 5.625% due 09/15/2034  | 3500 | 3490 |
| 6.250% due 09/15/2054  | 1500 | 1465 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 2.615% due 04/22/2032 •  | 8700 | 7735 |
| 4.017% due 10/31/2038 •  | 5100 | 4451 |
| 5.016% due 10/23/2035 •  | 7900 | 7808 |
| 5.330% due 07/23/2035 •  | 4000 | 4036 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Goodman** **U.S. Finance Five LLC** <br>4.625% due 05/04/2032 | 2000 | 1964 |
| **Goodman U.S. Finance Four LLC** <br>4.500% due 10/15/2037 | 3600 | 3291 |
| **Goodman U.S. Finance Three LLC** <br>3.700% due 03/15/2028 | 3700 | 3628 |
| **HA Sustainable Infrastructure Capital, Inc.**  |  |  |
| 6.375% due 07/01/2034  | 2000 | 2001 |
| 6.750% due 07/15/2035  | 3100 | 3158 |
| **Healthpeak OP LLC** <br>5.375% due 02/15/2035 | 2000 | 2020 |
| **Highwoods Realty LP** <br>3.050% due 02/15/2030 | 2600 | 2375 |
| **Host Hotels & Resorts LP** <br>4.500% due 02/01/2026 | 1900 | 1896 |
| **HPS Corporate Lending Fund** <br>5.950% due 04/14/2032 | 1500 | 1493 |
| **HSBC Holdings PLC** <br>5.875% due 09/28/2026 •(j)(k) | 5178 | 7116 |
| **Hudson Pacific Properties LP**  |  |  |
| 4.650% due 04/01/2029 (m)  | $900 | 809 |
| 5.950% due 02/15/2028  | 800 | 781 |
| **Intesa Sanpaolo SpA**  |  |  |
| 4.950% due 06/01/2042 •  | 1750 | 1416 |
| 7.750% due 01/11/2027 •(j)(k)  | 4610 | 5726 |
| 7.778% due 06/20/2054 •  | $1700 | 1909 |
| 7.800% due 11/28/2053  | 3000 | 3511 |
| **Invitation Homes Operating Partnership LP**  |  |  |
| 2.700% due 01/15/2034  | 3500 | 2894 |
| 4.875% due 02/01/2035  | 600 | 582 |
| **Itau Unibanco Holding SA** <br>6.000% due 02/27/2030 | 6400 | 6569 |
| **JAB Holdings BV**  |  |  |
| 2.200% due 11/23/2030  | 585 | 505 |
| 3.750% due 05/28/2051  | 750 | 496 |
| 4.500% due 04/08/2052  | 2100 | 1597 |
| **Jefferies Financial Group, Inc.** <br>6.500% due 01/20/2043 | 2100 | 2195 |
| **JPMorgan Chase & Co.**  |  |  |
| 3.109% due 04/22/2051 •  | 6300 | 4243 |
| 3.328% due 04/22/2052 •  | 18400 | 12903 |
| 5.294% due 07/22/2035 •  | 3000 | 3054 |
| 5.350% due 06/01/2034 •  | 7100 | 7307 |
| 5.502% due 01/24/2036 •  | 6500 | 6698 |
| 6.254% due 10/23/2034 •  | 3200 | 3479 |
| 8.750% due 09/01/2030  | 275 | 326 |
| **KBC Group NV** <br>8.000% due 09/05/2028 •(j)(k) | 1000 | 1307 |
| **Kilroy Realty LP**  |  |  |
| 2.500% due 11/15/2032  | $3400 | 2739 |
| 2.650% due 11/15/2033  | 1000 | 786 |
| 6.250% due 01/15/2036  | 1600 | 1596 |
| **KKR Group Finance Co. LLC**  |  |  |
| 3.500% due 08/25/2050  | 4700 | 3220 |
| 4.850% due 05/17/2032  | 2726 | 2714 |
| **Ladder Capital Finance Holdings LLLP** <br>5.500% due 08/01/2030 (b) | 600 | 604 |
| **Lazard Group LLC**  |  |  |
| 4.375% due 03/11/2029  | 209 | 207 |
| 6.000% due 03/15/2031  | 900 | 946 |
| **Legg Mason, Inc.** <br>5.625% due 01/15/2044 | 1400 | 1389 |
| **Liberty Mutual Group, Inc.** <br>3.951% due 10/15/2050 | 900 | 660 |
| **Lloyds Bank PLC** <br>0.000% due 04/02/2032 þ | 1000 | 726 |
| **Lloyds Banking Group PLC**  |  |  |
| 5.679% due 01/05/2035 •  | 5600 | 5751 |
| 7.875% due 06/27/2029 •(k)  | 200 | 285 |
| 8.500% due 09/27/2027 •(j)(k)  | 1000 | 1442 |
| **Marsh & McLennan Cos., Inc.**  |  |  |
| 2.900% due 12/15/2051  | $1300 | 818 |
| 4.350% due 01/30/2047  | 200 | 169 |
| 5.400% due 03/15/2055  | 7900 | 7620 |
| **Massachusetts Mutual Life Insurance Co.**  |  |  |
| 5.077% due 02/15/2069 •  | 2500 | 2224 |
| 5.672% due 12/01/2052  | 2000 | 1946 |
| **Meiji Yasuda Life Insurance Co.** <br>6.100% due 06/11/2055 •  | 3300 | 3302 |
| **Mercury General Corp.** <br>4.400% due 03/15/2027 | 610 | 605 |
| **MetLife, Inc.** <br>5.000% due 07/15/2052 | 500 | 454 |
| **Mitsubishi UFJ Financial Group, Inc.** <br>5.133% due 07/20/2033 •  | 5200 | 5267 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Mizuho** **Financial Group, Inc.**  |  |  |
| 2.201% due 07/10/2031 •  | 3200 | 2851 |
| 2.869% due 09/13/2030 •  | 2500 | 2340 |
| **Morgan Stanley**  |  |  |
| 0.000% due 04/02/2032 þ (l)  | 11300 | 7844 |
| 2.943% due 01/21/2033 •  | 4800 | 4285 |
| 4.889% due 07/20/2033 •  | 800 | 801 |
| 5.320% due 07/19/2035 •  | 5000 | 5063 |
| 5.587% due 01/18/2036 •  | 2100 | 2156 |
| 5.831% due 04/19/2035 •  | 1600 | 1677 |
| **Mutual of Omaha Cos. Global Funding** <br>5.450% due 12/12/2028 | 1500 | 1543 |
| **Nasdaq, Inc.** <br>6.100% due 06/28/2063 | 800 | 817 |
| **Nationwide Mutual Insurance Co.** <br>9.375% due 08/15/2039 | 2500 | 3302 |
| **NatWest Group PLC**  |  |  |
| 4.445% due 05/08/2030 •  | 1400 | 1390 |
| 4.600% due 06/28/2031 •(j)(k)  | 1300 | 1145 |
| 5.125% due 05/12/2027 •(j)(k)  | 2500 | 3364 |
| **Neuberger Berman Group LLC**  |  |  |
| 4.500% due 03/15/2027  | $400 | 400 |
| 4.875% due 04/15/2045  | 2700 | 2312 |
| **New Immo Holding SA** <br>2.750% due 11/26/2026 | 2200 | 2557 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | $3000 | 3176 |
| **Nippon Life Insurance Co.** <br>6.250% due 09/13/2053 •  | 4500 | 4633 |
| **Nomura Holdings, Inc.**  |  |  |
| 5.605% due 07/06/2029  | 6500 | 6733 |
| 7.000% due 07/15/2030 •(b)(k)  | 2000 | 2028 |
| **Nordea Bank Abp** <br>3.750% due 03/01/2029 •(j)(k) | 400 | 360 |
| **Northwestern Mutual Life Insurance Co.** <br>6.170% due 05/29/2055 | 4000 | 4180 |
| **Omega Healthcare Investors, Inc.** <br>4.750% due 01/15/2028 | 4100 | 4120 |
| **OneMain Finance Corp.** <br>7.875% due 03/15/2030 | 2500 | 2658 |
| **Pacific Life Insurance Co.** <br>9.250% due 06/15/2039 | 8800 | 12003 |
| **Panama Infrastructure Receivable Purchaser PLC** <br>0.000% due 04/05/2032 (g) | 2400 | 1708 |
| **Penn Mutual Life Insurance Co.** <br>7.625% due 06/15/2040 | 1000 | 1147 |
| **Phillips Edison Grocery Center Operating Partnership LP** <br>5.750% due 07/15/2034 | 1600 | 1647 |
| **Piedmont Operating Partnership LP** <br>6.875% due 07/15/2029 | 3190 | 3362 |
| **Pine Street Trust** <br>6.223% due 05/15/2054 | 5000 | 4943 |
| **Progressive Corp.** <br>4.125% due 04/15/2047 | 500 | 412 |
| **Protective Life Global Funding** <br>5.432% due 01/14/2032 | 3500 | 3617 |
| **Regency Centers LP**  |  |  |
| 4.400% due 02/01/2047  | 1100 | 919 |
| 4.650% due 03/15/2049  | 500 | 434 |
| **Rexford Industrial Realty LP** <br>2.125% due 12/01/2030 | 1800 | 1567 |
| **RGA Global Funding**  |  |  |
| 5.250% due 01/09/2030  | 1800 | 1848 |
| 5.500% due 01/11/2031  | 2900 | 2993 |
| **Sabra Health Care LP** <br>5.125% due 08/15/2026 | 800 | 801 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 2.896% due 03/15/2032 •  | 1700 | 1518 |
| 5.694% due 04/15/2031 •  | 2500 | 2580 |
| **SBA Tower Trust** <br>2.328% due 07/15/2052 | 200 | 189 |
| **Selective Insurance Group, Inc.** <br>5.375% due 03/01/2049 | 1700 | 1528 |
| **Sixth Street Lending Partners** <br>5.750% due 01/15/2030 | 1600 | 1605 |
| **SMBC Aviation Capital Finance DAC** <br>2.300% due 06/15/2028 | 1900 | 1781 |
| **Stifel Financial Corp.** <br>4.000% due 05/15/2030 | 1100 | 1058 |
| **Store Capital LLC**  |  |  |
| 2.750% due 11/18/2030  | 1400 | 1236 |
| 5.400% due 04/30/2030  | 800 | 811 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 5.558% due 07/09/2034  | 3500 | 3616 |
| 5.632% due 01/15/2035  | 1000 | 1035 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Sunac** **China Holdings Ltd. (5.000% Cash or 6.000% PIK)** <br>5.000% due 09/30/2026 ^(c)(d) | 161 | 20 |
| **Sunac China Holdings Ltd. (5.250% Cash or 6.250% PIK)** <br>5.250% due 09/30/2026 ^(c)(d) | 161 | 20 |
| **Sunac China Holdings Ltd. (5.500% Cash or 6.500% PIK)** <br>5.500% due 09/30/2027 ^(c)(d) | 323 | 40 |
| **Sunac China Holdings Ltd. (5.750% Cash or 6.750% PIK)** <br>5.750% due 09/30/2028 ^(c)(d) | 486 | 61 |
| **Sunac China Holdings Ltd. (6.000% Cash or 7.000% PIK)** <br>6.000% due 09/30/2029 ^(c)(d) | 487 | 61 |
| **Sunac China Holdings Ltd. (6.250% Cash or 7.250% PIK)** <br>6.250% due 09/30/2030 ^(c)(d) | 229 | 28 |
| **Teachers Insurance & Annuity Association of America**  |  |  |
| 4.270% due 05/15/2047  | 400 | 326 |
| 6.850% due 12/16/2039  | 371 | 419 |
| **Tesco Property Finance PLC**  |  |  |
| 5.411% due 07/13/2044  | 689 | 912 |
| 5.661% due 10/13/2041  | 45 | 61 |
| 5.744% due 04/13/2040  | 87 | 119 |
| **Thames SSNM** <br>9.750% due 10/10/2027 « | 176 | 226 |
| **Trust Fibra Uno**  |  |  |
| 6.390% due 01/15/2050  | $900 | 752 |
| 6.950% due 01/30/2044  | 5300 | 4719 |
| 7.375% due 02/13/2034  | 1000 | 1019 |
| **UBS Group AG**  |  |  |
| 3.179% due 02/11/2043 •  | 1400 | 1027 |
| 4.194% due 04/01/2031 •  | 600 | 588 |
| 4.875% due 02/12/2027 •(j)(k)  | 4800 | 4681 |
| 5.379% due 09/06/2045 •  | 1000 | 965 |
| 5.959% due 01/12/2034 •  | 6200 | 6529 |
| 6.442% due 08/11/2028 •  | 6850 | 7119 |
| 6.537% due 08/12/2033 •  | 10700 | 11642 |
| 6.850% due 09/10/2029 •(j)(k)  | 3500 | 3524 |
| 7.125% due 08/10/2034 •(j)(k)  | 3000 | 2995 |
| **UDR, Inc.** <br>5.125% due 09/01/2034 | 1500 | 1486 |
| **UniCredit SpA**  |  |  |
| 7.296% due 04/02/2034 •  | 1400 | 1481 |
| 7.500% due 06/03/2026 •(j)(k)  | 2000 | 2449 |
| **Unigel Netherlands Holding Corp. BV (15.000% Cash or 15.000% PIK)**<br> 15.000% due 12/31/2044 ^(c)(d) | $1445 | 47 |
| **Unum Group** <br>4.500% due 12/15/2049 | 3100 | 2457 |
| **VICI Properties LP**  |  |  |
| 3.875% due 02/15/2029  | 2800 | 2710 |
| 4.500% due 01/15/2028  | 400 | 398 |
| 4.750% due 04/01/2028  | 1300 | 1311 |
| 5.625% due 04/01/2035  | 1000 | 1010 |
| 5.625% due 05/15/2052  | 2000 | 1849 |
| **Voya Financial, Inc.**  |  |  |
| 4.700% due 01/23/2048 •  | 500 | 480 |
| 5.000% due 09/20/2034  | 600 | 587 |
| 5.700% due 07/15/2043  | 630 | 613 |
| **Wells Fargo & Co.**  |  |  |
| 3.350% due 03/02/2033 •  | 6600 | 6029 |
| 4.611% due 04/25/2053 •  | 11300 | 9637 |
| 5.211% due 12/03/2035 •  | 300 | 301 |
| 5.499% due 01/23/2035 •  | 5000 | 5130 |
| 5.557% due 07/25/2034 •  | 19000 | 19616 |
| 6.491% due 10/23/2034 •  | 2200 | 2406 |
| **Welltower OP LLC**  |  |  |
| 4.950% due 09/01/2048  | 2950 | 2722 |
| 5.125% due 03/15/2043  | 800 | 745 |
| 6.500% due 03/15/2041  | 925 | 1021 |
| **Weyerhaeuser Co.**  |  |  |
| 4.000% due 03/09/2052  | 5000 | 3762 |
| 7.375% due 03/15/2032  | 681 | 769 |
| **Willis North America, Inc.**  |  |  |
| 3.875% due 09/15/2049  | 725 | 536 |
| 5.350% due 05/15/2033  | 1500 | 1539 |
|  |  | 764034 |
| **INDUSTRIALS 28.2%**  |  |  |
| **7-Eleven, Inc.** <br>2.800% due 02/10/2051 | 1000 | 593 |
| **AbbVie, Inc.**  |  |  |
| 4.250% due 11/21/2049  | 21000 | 17312 |
| 4.400% due 11/06/2042  | 2970 | 2613 |
| 4.450% due 05/14/2046  | 7000 | 6030 |
| 4.700% due 05/14/2045  | 900 | 807 |
| 4.750% due 03/15/2045  | 3000 | 2705 |
| 4.850% due 06/15/2044  | 3300 | 3041 |
| 5.600% due 03/15/2055  | 4100 | 4105 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Abu** **Dhabi Crude Oil Pipeline LLC** <br>4.600% due 11/02/2047 | 1400 | 1254 |
| **Acushnet Co.** <br>7.375% due 10/15/2028 | 300 | 313 |
| **Adani Electricity Mumbai Ltd.** <br>3.949% due 02/12/2030 | 1570 | 1408 |
| **Adani Transmission Step-One Ltd.** <br>4.250% due 05/21/2036 | 626 | 533 |
| **Adnoc Murban Rsc Ltd.** <br>5.125% due 09/11/2054 | 2000 | 1827 |
| **Air Canada Pass-Through Trust** <br>3.300% due 07/15/2031 | 1268 | 1188 |
| **Aker BP ASA** <br>5.800% due 10/01/2054 | 4000 | 3651 |
| **Alaska Airlines Pass-Through Trust** <br>4.800% due 02/15/2029 | 1295 | 1297 |
| **Alcon Finance Corp.** <br>3.800% due 09/23/2049 | 2200 | 1631 |
| **Altice France SA** <br>3.375% due 01/15/2028 | 2200 | 2176 |
| **Amazon.com, Inc.**  |  |  |
| 2.700% due 06/03/2060  | $6400 | 3680 |
| 4.100% due 04/13/2062  | 1200 | 942 |
| **American Airlines Pass-Through Trust**  |  |  |
| 3.200% due 12/15/2029  | 1760 | 1690 |
| 3.375% due 11/01/2028  | 2498 | 2436 |
| 3.575% due 07/15/2029  | 596 | 578 |
| 3.650% due 02/15/2029  | 2488 | 2409 |
| **Amgen, Inc.**  |  |  |
| 3.375% due 02/21/2050  | 10700 | 7533 |
| 4.563% due 06/15/2048  | 2610 | 2222 |
| 4.663% due 06/15/2051  | 5053 | 4330 |
| 4.875% due 03/01/2053  | 5400 | 4720 |
| 5.650% due 03/02/2053  | 9600 | 9380 |
| 5.750% due 03/02/2063  | 4800 | 4670 |
| **Amrize Finance U.S. LLC** <br>4.750% due 09/22/2046 | 1421 | 1207 |
| **AngloGold Ashanti Holdings PLC** <br>3.750% due 10/01/2030 | 600 | 560 |
| **Anheuser-Busch Cos. LLC**  |  |  |
| 4.700% due 02/01/2036  | 10000 | 9762 |
| 4.900% due 02/01/2046  | 3148 | 2888 |
| **Anheuser-Busch InBev Worldwide, Inc.**  |  |  |
| 4.439% due 10/06/2048  | 4100 | 3489 |
| 4.950% due 01/15/2042  | 5600 | 5287 |
| **Ashtead Capital, Inc.** <br>5.800% due 04/15/2034 | 1600 | 1638 |
| **Bacardi Ltd.** <br>5.300% due 05/15/2048 | 3600 | 3176 |
| **Baptist Healthcare System Obligated Group** <br>3.540% due 08/15/2050 | 300 | 206 |
| **Bayer U.S. Finance LLC**  |  |  |
| 4.375% due 12/15/2028  | 500 | 495 |
| 4.400% due 07/15/2044  | 6000 | 4688 |
| 4.625% due 06/25/2038  | 2600 | 2301 |
| 4.875% due 06/25/2048  | 3400 | 2789 |
| 6.875% due 11/21/2053  | 2300 | 2444 |
| **Becton Dickinson & Co.** <br>5.110% due 02/08/2034 | 3600 | 3611 |
| **Berry Global, Inc.** <br>5.650% due 01/15/2034 | 2000 | 2065 |
| **BMW U.S. Capital LLC** <br>5.326% due 03/21/2028 ~ | 5000 | 4988 |
| **Boeing Co.**  |  |  |
| 3.625% due 02/01/2031  | 7900 | 7446 |
| 3.650% due 03/01/2047  | 700 | 489 |
| 5.705% due 05/01/2040  | 4700 | 4647 |
| 5.805% due 05/01/2050  | 11600 | 11135 |
| 5.930% due 05/01/2060  | 9260 | 8810 |
| **Booz Allen Hamilton, Inc.** <br>5.950% due 04/15/2035 | 1500 | 1526 |
| **Bristol-Myers Squibb Co.**  |  |  |
| 4.250% due 10/26/2049  | 630 | 511 |
| 5.650% due 02/22/2064  | 5200 | 5053 |
| **British Airways Pass-Through Trust**  |  |  |
| 3.300% due 06/15/2034  | 2696 | 2510 |
| 4.125% due 03/20/2033  | 1601 | 1533 |
| **Broadcom, Inc.**  |  |  |
| 3.137% due 11/15/2035  | 1728 | 1458 |
| 3.419% due 04/15/2033  | 7649 | 6939 |
| 3.469% due 04/15/2034  | 5300 | 4736 |
| 3.500% due 02/15/2041  | 5300 | 4203 |
| 4.926% due 05/15/2037  | 5843 | 5674 |
| **Burlington Northern Santa Fe LLC** <br>5.200% due 04/15/2054 | 8398 | 7958 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Cameron** **LNG LLC** <br>3.701% due 01/15/2039 | 2600 | 2225 |
| **Canadian Pacific Railway Co.**  |  |  |
| 3.100% due 12/02/2051  | 1500 | 987 |
| 3.500% due 05/01/2050  | 4234 | 3019 |
| 6.125% due 12/31/2099  | 6470 | 6600 |
| **Carnival Corp.**  |  |  |
| 5.750% due 03/15/2030  | 1200 | 1221 |
| 7.000% due 08/15/2029  | 900 | 949 |
| **CDW LLC**  |  |  |
| 3.569% due 12/01/2031  | 1900 | 1750 |
| 5.550% due 08/22/2034  | 1000 | 998 |
| **Cellnex Finance Co. SA** <br>3.875% due 07/07/2041 | 600 | 474 |
| **Centene Corp.**  |  |  |
| 2.500% due 03/01/2031  | 1700 | 1465 |
| 4.625% due 12/15/2029  | 1900 | 1849 |
| **CF Industries, Inc.**  |  |  |
| 5.150% due 03/15/2034  | 3200 | 3189 |
| 5.375% due 03/15/2044  | 1800 | 1673 |
| **Charter Communications Operating LLC**  |  |  |
| 3.500% due 06/01/2041  | 2500 | 1815 |
| 3.700% due 04/01/2051  | 11000 | 7333 |
| 3.850% due 04/01/2061  | 9600 | 6156 |
| 3.900% due 06/01/2052  | 3400 | 2335 |
| 3.950% due 06/30/2062  | 1700 | 1096 |
| 4.400% due 12/01/2061  | 2374 | 1666 |
| 4.800% due 03/01/2050  | 4900 | 3923 |
| 5.375% due 05/01/2047  | 5100 | 4429 |
| **Cheniere Corpus Christi Holdings LLC**  |  |  |
| 2.742% due 12/31/2039  | 1300 | 1059 |
| 3.700% due 11/15/2029  | 6500 | 6272 |
| **Cheniere Energy Partners LP**  |  |  |
| 3.250% due 01/31/2032  | 2100 | 1884 |
| 5.750% due 08/15/2034  | 2900 | 2980 |
| **Cheniere Energy, Inc.** <br>5.650% due 04/15/2034 | 2000 | 2049 |
| **Choice Hotels International, Inc.** <br>5.850% due 08/01/2034 | 800 | 807 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | 300 | 307 |
| **Cigna Group** <br>5.600% due 02/15/2054 | 1500 | 1440 |
| **Cleveland Clinic Foundation** <br>4.858% due 01/01/2114 | 45 | 38 |
| **Comcast Corp.**  |  |  |
| 2.937% due 11/01/2056  | 12149 | 7140 |
| 5.500% due 05/15/2064  | 3800 | 3542 |
| **Constellation Brands, Inc.**  |  |  |
| 4.500% due 05/09/2047  | 1200 | 1001 |
| 5.250% due 11/15/2048  | 3500 | 3229 |
| **Constellation Pharmaceutical, Inc.** <br>5.550% due 07/01/2033 «(l) | 1275 | 1295 |
| **CSL Finance PLC** <br>4.625% due 04/27/2042 | 900 | 798 |
| **CVS Health Corp.**  |  |  |
| 5.300% due 12/05/2043  | 6700 | 6089 |
| 5.625% due 02/21/2053  | 3500 | 3240 |
| **CVS Pass-Through Trust**  |  |  |
| 7.507% due 01/10/2032  | 8655 | 9066 |
| 8.353% due 07/10/2031  | 186 | 201 |
| **Delta Air Lines, Inc.** <br>4.750% due 10/20/2028 | 2600 | 2607 |
| **Diamondback Energy, Inc.**  |  |  |
| 5.550% due 04/01/2035  | 1400 | 1416 |
| 5.750% due 04/18/2054  | 4100 | 3810 |
| **DT Midstream, Inc.** <br>4.300% due 04/15/2032 | 2900 | 2716 |
| **Ecopetrol SA** <br>7.375% due 09/18/2043 (m) | 3750 | 3127 |
| **Elevance Health, Inc.**  |  |  |
| 4.550% due 03/01/2048  | 1400 | 1169 |
| 4.650% due 01/15/2043  | 1435 | 1261 |
| 5.100% due 01/15/2044  | 500 | 462 |
| 5.125% due 02/15/2053  | 8100 | 7240 |
| 5.650% due 06/15/2054  | 2500 | 2405 |
| 5.850% due 11/01/2064  | 2000 | 1944 |
| **Eli Lilly & Co.**  |  |  |
| 4.950% due 02/27/2063  | 5100 | 4638 |
| 5.200% due 08/14/2064  | 2600 | 2464 |
| **Enbridge, Inc.** <br>6.700% due 11/15/2053 | 4400 | 4764 |
| **Energy Transfer LP**  |  |  |
| 5.000% due 05/15/2044  | 4857 | 4207 |
| 5.150% due 03/15/2045  | 11100 | 9792 |
| 5.300% due 04/01/2044  | 1400 | 1255 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.350% due 05/15/2045  | 2465 | 2222 |
| 5.950% due 05/15/2054  | 2500 | 2380 |
| 6.050% due 09/01/2054  | 3600 | 3463 |
| **Eni SpA** <br>5.950% due 05/15/2054 | 2747 | 2660 |
| **Entergy Louisiana LLC**  |  |  |
| 4.200% due 09/01/2048  | 5000 | 3988 |
| 4.200% due 04/01/2050  | 4200 | 3351 |
| **Enterprise Products Operating LLC**  |  |  |
| 4.450% due 02/15/2043  | 5697 | 4936 |
| 4.850% due 03/15/2044  | 3579 | 3228 |
| 4.950% due 10/15/2054  | 830 | 726 |
| 5.200% due 01/15/2036  | 4800 | 4835 |
| 5.550% due 02/16/2055 (m)  | 6700 | 6470 |
| 7.573% due 08/16/2077 ~  | 1450 | 1444 |
| **EQT Corp.** <br>5.750% due 02/01/2034 | 1600 | 1655 |
| **Essent Group Ltd.** <br>6.250% due 07/01/2029 | 1000 | 1036 |
| **Ferguson Enterprises, Inc.** <br>5.000% due 10/03/2034 | 1800 | 1787 |
| **Ferguson Finance PLC** <br>3.250% due 06/02/2030 | 700 | 660 |
| **Fiserv, Inc.** <br>4.400% due 07/01/2049 | 1355 | 1110 |
| **Flex Intermediate Holdco LLC** <br>3.363% due 06/30/2031 | 7300 | 6492 |
| **Flex Ltd.** <br>4.875% due 06/15/2029 | 2000 | 2013 |
| **Ford Foundation** <br>2.815% due 06/01/2070 | 1265 | 707 |
| **GATX Corp.** <br>4.500% due 03/30/2045 | 1038 | 842 |
| **Global Payments, Inc.**  |  |  |
| 4.150% due 08/15/2049  | 1700 | 1257 |
| 5.950% due 08/15/2052  | 300 | 289 |
| **Greensaif Pipelines Bidco SARL**  |  |  |
| 6.103% due 08/23/2042  | 3200 | 3205 |
| 6.510% due 02/23/2042  | 1900 | 1970 |
| **Haleon U.S. Capital LLC** <br>4.000% due 03/24/2052 | 1000 | 774 |
| **Harbour Energy PLC** <br>6.327% due 04/01/2035 | 1600 | 1592 |
| **HCA, Inc.**  |  |  |
| 3.500% due 07/15/2051  | 4900 | 3249 |
| 4.125% due 06/15/2029  | 700 | 688 |
| 4.375% due 03/15/2042  | 2040 | 1707 |
| 4.625% due 03/15/2052  | 3100 | 2493 |
| 5.125% due 06/15/2039  | 2400 | 2259 |
| 5.250% due 06/15/2049  | 2600 | 2312 |
| 5.875% due 02/01/2029  | 700 | 727 |
| 5.900% due 06/01/2053  | 800 | 773 |
| 5.950% due 09/15/2054  | 1400 | 1362 |
| **Hoag Memorial Hospital Presbyterian** <br>3.803% due 07/15/2052 | 1100 | 831 |
| **Hyatt Hotels Corp.**  |  |  |
| 4.375% due 09/15/2028  | 800 | 798 |
| 5.375% due 12/15/2031  | 800 | 812 |
| **Hyundai Capital America** <br>5.400% due 06/23/2032 | 4700 | 4762 |
| **Icon Investments Six DAC** <br>6.000% due 05/08/2034 | 600 | 614 |
| **Imperial Brands Finance PLC** <br>6.125% due 07/27/2027 | 2600 | 2685 |
| **Integris Baptist Medical Center, Inc.** <br>3.875% due 08/15/2050 | 1700 | 1212 |
| **Intel Corp.**  |  |  |
| 3.200% due 08/12/2061  | 3000 | 1711 |
| 5.700% due 02/10/2053  | 7000 | 6519 |
| **IRB Infrastructure Developers Ltd.** <br>7.110% due 03/11/2032 | 1600 | 1606 |
| **JetBlue Airways Corp.** <br>9.875% due 09/20/2031 (m) | 1600 | 1558 |
| **JetBlue Pass-Through Trust** <br>2.750% due 11/15/2033 | 1042 | 914 |
| **Johnson Controls, Inc.** <br>4.950% due 07/02/2064 | 20 | 17 |
| **Kinder Morgan, Inc.**  |  |  |
| 6.950% due 06/01/2028  | 3795 | 3955 |
| 7.420% due 02/15/2037  | 2980 | 3287 |
| 8.050% due 10/15/2030  | 3825 | 4369 |
| **Kraft Heinz Foods Co.** <br>4.875% due 10/01/2049 | 1200 | 1031 |
| **L3Harris Technologies, Inc.** <br>5.500% due 08/15/2054 | 3100 | 3010 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Las** **Vegas Sands Corp.**  |  |  |
| 3.500% due 08/18/2026  | 6800 | 6712 |
| 3.900% due 08/08/2029  | 5800 | 5526 |
| 6.200% due 08/15/2034  | 4500 | 4600 |
| **Leidos, Inc.** <br>4.375% due 05/15/2030 | 250 | 246 |
| **Lockheed Martin Corp.** <br>4.300% due 06/15/2062 | 5000 | 3952 |
| **Marathon Petroleum Corp.** <br>6.500% due 03/01/2041 | 1800 | 1881 |
| **Mars, Inc.**  |  |  |
| 5.700% due 05/01/2055  | 2600 | 2595 |
| 5.800% due 05/01/2065  | 2100 | 2098 |
| **Marvell Technology, Inc.** <br>2.950% due 04/15/2031 | 4000 | 3644 |
| **Meta Platforms, Inc.**  |  |  |
| 5.400% due 08/15/2054  | 9100 | 8881 |
| 5.550% due 08/15/2064  | 1000 | 978 |
| **Micron Technology, Inc.** <br>3.477% due 11/01/2051 | 7300 | 4990 |
| **Moody's Corp.** <br>3.100% due 11/29/2061 | 4000 | 2485 |
| **MPLX LP**  |  |  |
| 4.900% due 04/15/2058  | 1900 | 1526 |
| 4.950% due 03/14/2052  | 700 | 580 |
| 5.200% due 03/01/2047  | 900 | 786 |
| 5.950% due 04/01/2055  | 6600 | 6292 |
| **MSCI, Inc.** <br>3.625% due 11/01/2031 | 1800 | 1660 |
| **National Football League**  |  |  |
| 5.250% due 10/05/2034 « | 4900 | 4919 |
| 5.420% due 10/05/2037 « | 1800 | 1809 |
| **NetApp, Inc.** <br>5.700% due 03/17/2035 | 1600 | 1644 |
| **New York & Presbyterian Hospital** <br>4.063% due 08/01/2056 | 45 | 35 |
| **Newfold Digital Holdings Group, Inc.** <br>11.750% due 10/15/2028 « | 800 | 604 |
| **Northern Natural Gas Co.** <br>4.300% due 01/15/2049 | 5000 | 3970 |
| **Northwell Healthcare, Inc.**  |  |  |
| 3.809% due 11/01/2049  | 2500 | 1802 |
| 4.260% due 11/01/2047  | 30 | 24 |
| **NVR, Inc.** <br>3.000% due 05/15/2030 | 3600 | 3355 |
| **NXP BV** <br>3.400% due 05/01/2030 | 375 | 355 |
| **ONEOK Partners LP** <br>6.125% due 02/01/2041 | 3525 | 3515 |
| **Oracle Corp.**  |  |  |
| 3.650% due 03/25/2041  | 5700 | 4497 |
| 3.850% due 04/01/2060  | 6615 | 4562 |
| 3.950% due 03/25/2051  | 15900 | 11746 |
| 4.100% due 03/25/2061  | 6400 | 4631 |
| 5.500% due 09/27/2064  | 6000 | 5469 |
| **Pacific National Finance Pty. Ltd.** <br>4.750% due 03/22/2028 | 3200 | 3108 |
| **Petroleos Mexicanos** <br>6.840% due 01/23/2030 | 4000 | 3867 |
| **Philip Morris International, Inc.** <br>3.875% due 08/21/2042 | 2600 | 2116 |
| **Quanta Services, Inc.** <br>3.050% due 10/01/2041 | 4000 | 2843 |
| **Rogers Communications, Inc.**  |  |  |
| 3.800% due 03/15/2032  | 5400 | 5020 |
| 4.550% due 03/15/2052  | 1800 | 1467 |
| **Rolls-Royce PLC** <br>5.750% due 10/15/2027 | 100 | 141 |
| **Royal Caribbean Cruises Ltd.**  |  |  |
| 5.500% due 04/01/2028  | $2000 | 2026 |
| 5.625% due 09/30/2031  | 1200 | 1208 |
| 6.000% due 02/01/2033  | 2000 | 2040 |
| **Royalty Pharma PLC** <br>3.550% due 09/02/2050 | 4300 | 2915 |
| **RTX Corp.**  |  |  |
| 4.050% due 05/04/2047  | 2705 | 2168 |
| 4.350% due 04/15/2047  | 700 | 582 |
| 4.450% due 11/16/2038  | 800 | 738 |
| 6.100% due 03/15/2034  | 5000 | 5408 |
| 6.400% due 03/15/2054  | 1600 | 1755 |
| **Sabine Pass Liquefaction LLC** <br>4.500% due 05/15/2030 | 7200 | 7191 |
| **Santos Finance Ltd.**  |  |  |
| 3.649% due 04/29/2031  | 4500 | 4192 |
| 6.875% due 09/19/2033  | 2500 | 2731 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Saudi** **Arabian Oil Co.**  |  |  |
| 3.500% due 11/24/2070  | 5000 | 3001 |
| 5.875% due 07/17/2064  | 1200 | 1098 |
| **Seadrill Finance Ltd.** <br>8.375% due 08/01/2030 | 400 | 408 |
| **Snam SpA** <br>6.500% due 05/28/2055 | 3000 | 3121 |
| **Southern Co.**  |  |  |
| 3.750% due 09/15/2051 •  | 5000 | 4939 |
| 4.250% due 07/01/2036  | 3640 | 3331 |
| **Southern Natural Gas Co. LLC** <br>7.350% due 02/15/2031 | 1400 | 1536 |
| **Spectra Energy Partners LP** <br>4.500% due 03/15/2045 | 1675 | 1378 |
| **Spirit AeroSystems, Inc.**  |  |  |
| 4.600% due 06/15/2028 (m)  | 8800 | 8657 |
| 9.375% due 11/30/2029  | 2000 | 2125 |
| **Spirit Airlines Pass-Through Trust** <br>4.100% due 10/01/2029 | 785 | 722 |
| **Stryker Corp.**  |  |  |
| 4.625% due 03/15/2046  | 2200 | 1955 |
| 5.200% due 02/10/2035  | 5400 | 5506 |
| **Sutter Health** <br>3.161% due 08/15/2040 | 350 | 271 |
| **Synopsys, Inc.** <br>5.700% due 04/01/2055 | 6800 | 6766 |
| **T-Mobile USA, Inc.**  |  |  |
| 2.700% due 03/15/2032  | 1100 | 970 |
| 3.300% due 02/15/2051  | 4700 | 3122 |
| 3.400% due 10/15/2052  | 10900 | 7288 |
| 3.500% due 04/15/2031  | 200 | 188 |
| 3.600% due 11/15/2060  | 11300 | 7542 |
| 3.875% due 04/15/2030  | 6695 | 6504 |
| 5.650% due 01/15/2053  | 4200 | 4066 |
| **Tapestry, Inc.** <br>5.500% due 03/11/2035 | 2000 | 2009 |
| **Targa Resources Corp.**  |  |  |
| 4.950% due 04/15/2052  | 500 | 418 |
| 5.500% due 02/15/2035  | 1500 | 1506 |
| **TD SYNNEX Corp.** <br>2.650% due 08/09/2031 | 1500 | 1295 |
| **Telefonica Emisiones SA** <br>4.895% due 03/06/2048 | 3500 | 2944 |
| **Tennessee Gas Pipeline Co. LLC**  |  |  |
| 2.900% due 03/01/2030  | 3500 | 3234 |
| 8.375% due 06/15/2032  | 1275 | 1480 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 175 | 265 |
| **Thames Water Utilities Finance PLC** <br>4.375% due 01/18/2033 | 4000 | 3084 |
| **Thames Water Utilities Ltd.** <br>0.000% due 03/22/2027 (g) | 25 | 29 |
| **Time Warner Cable LLC**  |  |  |
| 4.500% due 09/15/2042  | $820 | 654 |
| 5.250% due 07/15/2042  | 800 | 932 |
| 5.500% due 09/01/2041  | $6225 | 5664 |
| 5.875% due 11/15/2040  | 4520 | 4342 |
| 6.750% due 06/15/2039  | 3500 | 3630 |
| 7.300% due 07/01/2038  | 5000 | 5455 |
| **TopBuild Corp.** <br>4.125% due 02/15/2032 | 1600 | 1485 |
| **TotalEnergies Capital SA**  |  |  |
| 5.488% due 04/05/2054  | 700 | 674 |
| 5.638% due 04/05/2064  | 1500 | 1456 |
| **Transcontinental Gas Pipe Line Co. LLC**  |  |  |
| 4.600% due 03/15/2048  | 4440 | 3742 |
| 5.400% due 08/15/2041  | 1400 | 1343 |
| **Trimble, Inc.** <br>6.100% due 03/15/2033 | 800 | 850 |
| **Trustees of the University of Pennsylvania** <br>4.674% due 09/01/2112 | 700 | 577 |
| **UKG, Inc.** <br>6.875% due 02/01/2031 | 1000 | 1038 |
| **Unigel Luxembourg SA (11.000% Cash or 12.000% PIK)** <br>11.000% due 12/31/2028 ^(c)(d) | 1726 | 483 |
| **Unigel Luxembourg SA (13.500% Cash or 15.000% PIK)** <br>13.500% due 12/31/2027 (c) | 817 | 657 |
| **United Airlines Pass-Through Trust**  |  |  |
| 2.700% due 11/01/2033  | 5147 | 4611 |
| 3.100% due 01/07/2030  | 363 | 347 |
| 3.450% due 01/07/2030  | 2961 | 2833 |
| 4.000% due 10/11/2027  | 364 | 361 |
| 4.150% due 02/25/2033  | 1644 | 1578 |
| 4.300% due 02/15/2027  | 33 | 33 |
| 4.550% due 08/25/2031  | 2901 | 2728 |
| 5.450% due 08/15/2038  | 991 | 1004 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 5.875% due 04/15/2029  | 1431 | 1461 |
| **UnitedHealth Group, Inc.**  |  |  |
| 3.875% due 08/15/2059  | 7100 | 5008 |
| 5.050% due 04/15/2053  | 16900 | 15097 |
| 5.200% due 04/15/2063  | 8800 | 7849 |
| 6.050% due 02/15/2063  | 300 | 305 |
| **University of Southern California** <br>5.250% due 10/01/2111 | 40 | 37 |
| **UPMC** <br>5.035% due 05/15/2033 | 1100 | 1106 |
| **Vale Overseas Ltd.** <br>6.400% due 06/28/2054 | 3500 | 3443 |
| **Var Energi ASA** <br>8.000% due 11/15/2032 | 1200 | 1361 |
| **Venture Global Calcasieu Pass LLC**  |  |  |
| 3.875% due 08/15/2029  | 2570 | 2425 |
| 3.875% due 11/01/2033  | 5500 | 4814 |
| 4.125% due 08/15/2031  | 1200 | 1112 |
| 6.250% due 01/15/2030  | 2500 | 2580 |
| **Venture Global LNG, Inc.** <br>7.000% due 01/15/2030 | 4900 | 4958 |
| **Virgin Media Secured Finance PLC** <br>4.250% due 01/15/2030 | 2100 | 2644 |
| **VMware LLC**  |  |  |
| 2.200% due 08/15/2031  | $5900 | 5123 |
| 4.700% due 05/15/2030  | 2100 | 2109 |
| **Volkswagen Group of America Finance LLC** <br>5.050% due 03/27/2028 | 3000 | 3018 |
| **Warnermedia Holdings, Inc.** <br>5.141% due 03/15/2052 | 741 | 461 |
| **Waste Connections, Inc.** <br>4.200% due 01/15/2033 | 4200 | 4066 |
| **West Virginia United Health System Obligated Group** <br>3.129% due 06/01/2050 | 800 | 504 |
| **Western Midstream Operating LP** <br>5.300% due 03/01/2048 | 2900 | 2423 |
| **Williams Cos., Inc.**  |  |  |
| 3.500% due 10/15/2051  | 3500 | 2402 |
| 5.800% due 11/15/2054  | 2400 | 2348 |
| **Woodside Finance Ltd.**  |  |  |
| 3.700% due 09/15/2026  | 1300 | 1287 |
| 3.700% due 03/15/2028  | 1126 | 1099 |
| 5.700% due 09/12/2054  | 6000 | 5425 |
| 6.000% due 05/19/2035  | 3500 | 3574 |
| **Workday, Inc.** <br>3.800% due 04/01/2032 | 4500 | 4230 |
| **Wynn Resorts Finance LLC** <br>6.250% due 03/15/2033 | 1500 | 1511 |
| **Yellowstone Energy LP** <br>5.750% due 12/31/2026 | 365 | 360 |
| **Zimmer Biomet Holdings, Inc.**  |  |  |
| 4.250% due 08/15/2035  | 205 | 188 |
| 4.450% due 08/15/2045  | 2397 | 1996 |
|  |  | 903959 |
| **UTILITIES 15.1%**  |  |  |
| **AEP Texas, Inc.** <br>4.150% due 05/01/2049 | 1600 | 1219 |
| **AES Corp.**  |  |  |
| 6.950% due 07/15/2055 •  | 700 | 685 |
| 7.600% due 01/15/2055 •  | 3475 | 3587 |
| **Alabama Power Co.** <br>3.450% due 10/01/2049 | 2100 | 1494 |
| **Ameren Illinois Co.** <br>3.250% due 03/15/2050 | 1000 | 681 |
| **Anglian Water Services Financing PLC** <br>6.000% due 06/20/2039 | 400 | 538 |
| **Appalachian Power Co.** <br>4.500% due 08/01/2032 | $2600 | 2538 |
| **Arizona Public Service Co.**  |  |  |
| 3.350% due 05/15/2050  | 1500 | 1018 |
| 3.500% due 12/01/2049  | 1400 | 963 |
| 4.500% due 04/01/2042  | 700 | 600 |
| **AT&T, Inc.**  |  |  |
| 3.550% due 09/15/2055  | 8889 | 6003 |
| 3.650% due 06/01/2051  | 1200 | 853 |
| 3.650% due 09/15/2059  | 32908 | 22096 |
| 3.800% due 12/01/2057  | 24217 | 16961 |
| **Berkshire Hathaway Energy Co.** <br>4.600% due 05/01/2053 | 1000 | 837 |
| **Black Hills Corp.** <br>6.000% due 01/15/2035 | 2050 | 2128 |
| **Brooklyn Union Gas Co.** <br>4.487% due 03/04/2049 | 1200 | 950 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **CenterPoint** **Energy Houston Electric LLC** <br>3.350% due 04/01/2051 | 2500 | 1747 |
| **Columbia Pipelines Operating Co. LLC**  |  |  |
| 6.497% due 08/15/2043  | 1500 | 1551 |
| 6.544% due 11/15/2053  | 2000 | 2069 |
| 6.714% due 08/15/2063  | 1200 | 1271 |
| **Comision Federal de Electricidad** <br>5.750% due 02/14/2042 | 55 | 49 |
| **Commonwealth Edison Co.** <br>4.000% due 03/01/2048 | 700 | 556 |
| **Consolidated Edison Co. of New York, Inc.**  |  |  |
| 3.600% due 06/15/2061  | 9880 | 6749 |
| 3.700% due 11/15/2059  | 1700 | 1181 |
| 4.500% due 05/15/2058  | 5800 | 4723 |
| 4.650% due 12/01/2048  | 3000 | 2551 |
| **Constellation Energy Generation LLC**  |  |  |
| 5.600% due 06/15/2042  | 2195 | 2138 |
| 5.750% due 03/15/2054  | 2000 | 1962 |
| 5.800% due 03/01/2033  | 3800 | 4021 |
| **Consumers Energy Co.**  |  |  |
| 4.050% due 05/15/2048  | 2500 | 2013 |
| 4.200% due 09/01/2052  | 3100 | 2538 |
| **Dominion Energy, Inc.** <br>2.250% due 08/15/2031 | 2100 | 1837 |
| **DTE Electric Co.**  |  |  |
| 4.050% due 05/15/2048  | 1600 | 1293 |
| 5.400% due 04/01/2053  | 3000 | 2933 |
| **Duke Energy Carolinas LLC**  |  |  |
| 3.950% due 03/15/2048  | 6000 | 4689 |
| 5.350% due 01/15/2053  | 6800 | 6534 |
| 5.400% due 01/15/2054  | 12500 | 12036 |
| **Duke Energy Corp.**  |  |  |
| 3.300% due 06/15/2041  | 1900 | 1427 |
| 3.500% due 06/15/2051  | 11400 | 7841 |
| 3.950% due 08/15/2047  | 2300 | 1732 |
| **Duke Energy Ohio, Inc.** <br>5.650% due 04/01/2053 | 1300 | 1282 |
| **Duke Energy Progress LLC**  |  |  |
| 2.900% due 08/15/2051  | 1100 | 685 |
| 3.600% due 09/15/2047  | 900 | 661 |
| **Duquesne Light Holdings, Inc.** <br>2.532% due 10/01/2030 | 700 | 620 |
| **Electricite de France SA**  |  |  |
| 4.875% due 09/21/2038  | 2300 | 2128 |
| 4.950% due 10/13/2045  | 2150 | 1863 |
| 6.000% due 04/22/2064  | 8100 | 7681 |
| 6.900% due 05/23/2053  | 1400 | 1496 |
| 9.125% due 03/15/2033 •(j)  | 1000 | 1130 |
| **Emera U.S. Finance LP** <br>4.750% due 06/15/2046 | 2100 | 1748 |
| **Empresa Electrica Cochrane SpA** <br>5.500% due 05/14/2027 | 1241 | 1228 |
| **Enel Finance America LLC** <br>2.875% due 07/12/2041 | 9750 | 6649 |
| **Enel Finance International NV**  |  |  |
| 4.750% due 05/25/2047  | 3000 | 2527 |
| 5.500% due 06/26/2034  | 2900 | 2957 |
| **Entergy Corp.**  |  |  |
| 3.750% due 06/15/2050  | 4000 | 2865 |
| 7.125% due 12/01/2054 •  | 1000 | 1037 |
| **Entergy Texas, Inc.** <br>5.550% due 09/15/2054 | 2000 | 1911 |
| **Evergy, Inc.** <br>6.650% due 06/01/2055 •  | 1000 | 1018 |
| **FirstEnergy Transmission LLC** <br>5.450% due 07/15/2044 | 6330 | 6040 |
| **Florida Power & Light Co.** <br>4.550% due 10/01/2044 | 4000 | 3360 |
| **FORESEA Holding SA** <br>7.500% due 06/15/2030 | 659 | 627 |
| **Georgia Power Co.** <br>4.750% due 09/01/2040 | 1000 | 931 |
| **Indiana Michigan Power Co.** <br>4.550% due 03/15/2046 | 400 | 340 |
| **Interstate Power & Light Co.** <br>5.450% due 09/30/2054 | 2600 | 2504 |
| **IPALCO Enterprises, Inc.** <br>4.250% due 05/01/2030 | 1600 | 1537 |
| **ITC Holdings Corp.** <br>5.400% due 06/01/2033 | 2300 | 2328 |
| **Kentucky Utilities Co.** <br>4.375% due 10/01/2045 | 2300 | 1939 |
| **KeySpan Gas East Corp.** <br>3.586% due 01/18/2052 | 3000 | 1988 |
| **Liberty Utilities Co.** <br>5.869% due 01/31/2034 | 2000 | 2042 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MidAmerican** **Energy Co.**  |  |  |
| 3.650% due 08/01/2048  | 3575 | 2678 |
| 4.250% due 05/01/2046  | 3450 | 2864 |
| 4.250% due 07/15/2049  | 14325 | 11663 |
| 5.850% due 09/15/2054  | 2100 | 2164 |
| **Mississippi Power Co.** <br>4.250% due 03/15/2042 | 1700 | 1455 |
| **Monongahela Power Co.** <br>5.400% due 12/15/2043 | 4224 | 4126 |
| **Nevada Power Co.** <br>3.125% due 08/01/2050 | 5300 | 3364 |
| **New England Power Co.** <br>3.800% due 12/05/2047 | 3300 | 2529 |
| **New York State Electric & Gas Corp.** <br>3.300% due 09/15/2049 | 900 | 588 |
| **Niagara Mohawk Power Corp.**  |  |  |
| 2.759% due 01/10/2032  | 2500 | 2187 |
| 5.783% due 09/16/2052  | 1050 | 1028 |
| **NiSource, Inc.**  |  |  |
| 3.950% due 03/30/2048  | 1245 | 962 |
| 4.375% due 05/15/2047  | 1800 | 1482 |
| 5.800% due 02/01/2042  | 300 | 297 |
| **Northern States Power Co.**  |  |  |
| 5.100% due 05/15/2053  | 11600 | 10707 |
| 5.650% due 06/15/2054  | 400 | 403 |
| **NRG Energy, Inc.** <br>2.450% due 12/02/2027 | 500 | 475 |
| **NSTAR Electric Co.** <br>4.950% due 09/15/2052 | 1300 | 1155 |
| **Oglethorpe Power Corp.**  |  |  |
| 4.500% due 04/01/2047  | 1000 | 819 |
| 6.200% due 12/01/2053  | 2700 | 2767 |
| **Ohio Power Co.** <br>2.900% due 10/01/2051 | 2700 | 1651 |
| **ONEOK, Inc.**  |  |  |
| 5.050% due 04/01/2045  | 2200 | 1858 |
| 5.200% due 07/15/2048  | 9862 | 8548 |
| 5.850% due 11/01/2064  | 17000 | 15777 |
| **Pacific Gas & Electric Co.**  |  |  |
| 2.500% due 02/01/2031  | 2400 | 2085 |
| 3.250% due 06/01/2031  | 1500 | 1347 |
| 3.300% due 08/01/2040  | 2700 | 1934 |
| 3.500% due 08/01/2050  | 7850 | 5040 |
| 3.750% due 07/01/2028  | 2400 | 2330 |
| 3.950% due 12/01/2047  | 4800 | 3391 |
| 4.300% due 03/15/2045  | 1600 | 1209 |
| 4.500% due 07/01/2040  | 4200 | 3503 |
| 4.500% due 12/15/2041  | 2900 | 2282 |
| 4.550% due 07/01/2030  | 5700 | 5566 |
| 4.750% due 02/15/2044  | 1200 | 978 |
| 4.950% due 07/01/2050  | 4200 | 3389 |
| 5.250% due 03/01/2052  | 2700 | 2249 |
| 6.000% due 08/15/2035  | 1500 | 1517 |
| 6.700% due 04/01/2053  | 5500 | 5522 |
| **PacifiCorp**  |  |  |
| 4.150% due 02/15/2050  | 200 | 152 |
| 5.350% due 12/01/2053  | 3500 | 3150 |
| 5.450% due 02/15/2034  | 2800 | 2841 |
| 5.800% due 01/15/2055  | 3100 | 2970 |
| 7.375% due 09/15/2055 •  | 2600 | 2709 |
| **PECO Energy Co.** <br>4.375% due 08/15/2052 | 5700 | 4729 |
| **Perusahaan Perseroan Persero PT Perusahaan Listrik Negara** <br>4.000% due 06/30/2050 | 4000 | 2820 |
| **PG&E Corp.** <br>7.375% due 03/15/2055 •  | 2500 | 2374 |
| **Piedmont Natural Gas Co., Inc.**  |  |  |
| 3.350% due 06/01/2050  | 2900 | 1943 |
| 3.640% due 11/01/2046  | 1000 | 731 |
| 5.400% due 06/15/2033  | 700 | 722 |
| **Public Service Co. of Colorado** <br>5.850% due 05/15/2055 | 2400 | 2378 |
| **Puget Energy, Inc.** <br>4.100% due 06/15/2030 | 500 | 483 |
| **San Diego Gas & Electric Co.**  |  |  |
| 3.700% due 03/15/2052  | 2200 | 1578 |
| 3.750% due 06/01/2047  | 1895 | 1408 |
| 4.100% due 06/15/2049  | 1578 | 1216 |
| 4.150% due 05/15/2048  | 2795 | 2175 |
| **Sempra**  |  |  |
| 4.000% due 02/01/2048  | 925 | 684 |
| 6.000% due 10/15/2039  | 3635 | 3690 |
| **Southern California Edison Co.**  |  |  |
| 2.950% due 02/01/2051  | 900 | 528 |
| 3.600% due 02/01/2045  | 1400 | 965 |
| 3.900% due 12/01/2041  | 3800 | 2871 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 3.900% due 03/15/2043  | 8500 | 6282 |
| 4.000% due 04/01/2047  | 8938 | 6428 |
| 4.050% due 03/15/2042  | 2000 | 1502 |
| 4.125% due 03/01/2048  | 1800 | 1307 |
| 4.650% due 10/01/2043  | 2950 | 2387 |
| 4.875% due 03/01/2049  | 1100 | 881 |
| 5.450% due 06/01/2052  | 3100 | 2679 |
| 5.625% due 02/01/2036  | 2879 | 2803 |
| 5.900% due 03/01/2055  | 2200 | 2014 |
| 5.950% due 02/01/2038  | 1500 | 1500 |
| 6.050% due 03/15/2039  | 4500 | 4500 |
| 6.200% due 09/15/2055  | 2600 | 2492 |
| **Southern California Gas Co.**  |  |  |
| 3.750% due 09/15/2042  | 1600 | 1246 |
| 3.950% due 02/15/2050  | 3500 | 2633 |
| 5.125% due 11/15/2040  | 300 | 287 |
| **Southern Power Co.** <br>5.250% due 07/15/2043 | 500 | 468 |
| **Southwestern Electric Power Co.**  |  |  |
| 3.250% due 11/01/2051  | 6760 | 4374 |
| 6.200% due 03/15/2040  | 8200 | 8560 |
| **Southwestern Public Service Co.**  |  |  |
| 3.750% due 06/15/2049  | 1600 | 1160 |
| 6.000% due 06/01/2054  | 5850 | 5907 |
| **SW Finance PLC** <br>7.000% due 04/16/2040 | 2300 | 3019 |
| **System Energy Resources, Inc.** <br>5.300% due 12/15/2034 | $1200 | 1187 |
| **Targa Resources Partners LP** <br>4.000% due 01/15/2032 | 4575 | 4266 |
| **Union Electric Co.**  |  |  |
| 5.125% due 03/15/2055  | 1800 | 1667 |
| 5.250% due 01/15/2054  | 5000 | 4622 |
| 5.450% due 03/15/2053  | 2800 | 2710 |
| **Verizon Communications, Inc.**  |  |  |
| 2.850% due 09/03/2041  | 6000 | 4253 |
| 2.987% due 10/30/2056  | 3887 | 2342 |
| 3.000% due 11/20/2060  | 21700 | 12803 |
| **Virginia Electric & Power Co.** <br>2.950% due 11/15/2051 | 9900 | 6192 |
| **Vistra Operations Co. LLC**  |  |  |
| 4.300% due 07/15/2029  | 2000 | 1971 |
| 5.700% due 12/30/2034  | 300 | 306 |
| **Vodafone Group PLC**  |  |  |
| 5.125% due 06/04/2081 •  | 3900 | 2960 |
| 5.875% due 06/28/2064  | 6600 | 6350 |
|  |  | 482778 |
| Total Corporate Bonds & Notes (Cost $2,415,860) |  | 2150771 |
| **MUNICIPAL BONDS & NOTES 1.7%**  |  |  |
| **CALIFORNIA 0.2%**  |  |  |
| **California Infrastructure & Economic Development Bank Revenue Bonds, (BABs), Series 2010** <br>6.486% due 05/15/2049 | 2300 | 2437 |
| **California State Public Works Board Revenue Bonds, (BABs), Series 2010** <br>7.804% due 03/01/2035 | 2600 | 2927 |
| **California State University Revenue Bonds, (BABs), Series 2010** <br>6.484% due 11/01/2041 | 700 | 743 |
| **University of California Revenue Bonds, Series 2012** <br>4.858% due 05/15/2112 | 440 | 365 |
| **University of California Revenue Bonds, Series 2015** <br>4.767% due 05/15/2115 | 835 | 682 |
|  |  | 7154 |
| **GEORGIA 0.3%**  |  |  |
| **Municipal Electric Authority of Georgia Revenue Bonds, (BABs), Series 2010** <br>6.655% due 04/01/2057 | 9420 | 10064 |
| **ILLINOIS 0.1%**  |  |  |
| **Chicago, Illinois General Obligation Bonds, Series 2009** <br>6.050% due 01/01/2029 | 250 | 254 |
| **Illinois Municipal Electric Agency Revenue Bonds, (BABs), Series 2009** <br>6.832% due 02/01/2035 | 1735 | 1885 |
|  |  | 2139 |
| **INDIANA 0.0%**  |  |  |
| **Indiana Finance Authority Revenue Bonds, (BABs), Series 2009** <br>6.596% due 02/01/2039 | 800 | 879 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **OHIO 0.4%**  |  |  |
| **American Municipal Power, Inc., Ohio Revenue Bonds, (BABs),Series 2010** <br>6.270% due 02/15/2050 | 4520 | 4651 |
| **American Municipal Power, Inc., Ohio Revenue Bonds, Series 2010**  |  |  |
| 7.834% due 02/15/2041  | 4990 | 5930 |
| 8.084% due 02/15/2050  | 1000 | 1270 |
|  |  | 11851 |
| **PENNSYLVANIA 0.4%**  |  |  |
| **Pennsylvania Economic Development Financing Authority Revenue Bonds, (BABs), Series 2010** <br>6.532% due 06/15/2039 | 11500 | 12300 |
| **TEXAS 0.3%**  |  |  |
| **Dallas Convention Center Hotel Development Corp. Texas Revenue Bonds, (BABs), Series 2009** <br>7.088% due 01/01/2042 | 4000 | 4424 |
| **Texas Natural Gas Securitization Finance Corp. Series 2023** <br>5.169% due 04/01/2041 | 5400 | 5459 |
| **University of Texas System Revenue Bonds, Series 2017** <br>3.354% due 08/15/2047 | 45 | 33 |
|  |  | 9916 |
| **WASHINGTON 0.0%**  |  |  |
| **Washington State Convention Center Public Facilities District Revenue Bonds, (BABs), Series 2010** <br>6.790% due 07/01/2040 | 975 | 1027 |
| Total Municipal Bonds & Notes (Cost $55,172) |  | 55330 |
| **U.S. GOVERNMENT AGENCIES 6.7%**  |  |  |
| **Ginnie Mae, TBA**  |  |  |
| 4.000% due 08/01/2055 | 65300 | 60712 |
| 4.500% due 07/01/2055 | 2300 | 2202 |
| 5.000% due 07/01/2055 - 08/01/2055 | 15300 | 15028 |
| 6.000% due 08/01/2055 | 5900 | 5980 |
| **Uniform Mortgage-Backed Security**<br>5.500% due 08/01/2054 - 01/01/2055 | 16741 | 16751 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 16920 | 14644 |
| 4.000% due 08/01/2055 | 95290 | 88597 |
| 5.000% due 08/01/2055 | 10500 | 10285 |
| Total U.S. Government Agencies (Cost $211,488) |  | 214199 |
| **U.S. TREASURY OBLIGATIONS 21.3%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.875% due 02/15/2051 | 46200 | 25966 |
| 1.875% due 11/15/2051 (o)(q) | 39900 | 22213 |
| 2.500% due 02/15/2045 (o)(q) | 38400 | 27045 |
| 2.750% due 08/15/2047 (o)(q) | 25300 | 18044 |
| 2.750% due 11/15/2047 (o) | 5200 | 3699 |
| 3.000% due 05/15/2047 (o)(q) | 32300 | 24204 |
| 3.000% due 02/15/2048 (o)(q) | 5700 | 4237 |
| 3.000% due 08/15/2048 (m)(o) | 170300 | 126002 |
| 3.125% due 08/15/2044 (o)(q) | 8200 | 6468 |
| 3.125% due 05/15/2048 (o) | 6000 | 4554 |
| 3.625% due 02/15/2053 (o) | 11100 | 9065 |
| 3.875% due 05/15/2043 (o) | 103042 | 92070 |
| 4.250% due 02/15/2054 | 26300 | 23999 |
| 4.250% due 08/15/2054 (m) | 10600 | 9683 |
| 4.375% due 08/15/2043 (o) | 45000 | 42907 |
| 4.500% due 02/15/2044 (o)(q) | 13130 | 12691 |
| 4.625% due 05/15/2054 (o) | 102500 | 99585 |
| 4.625% due 02/15/2055 (m)(o) | 30690 | 29885 |
| 4.750% due 11/15/2053 (o)(q) | 101220 | 100334 |
| **U.S. Treasury STRIPS**  |  |  |
| 0.000% due 02/15/2042 (a)(q) | 1500 | 662 |
| Total U.S. Treasury Obligations (Cost $771,227) |  | 683313 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 0.5%**  |  |  |
| **Banc of America Funding Trust**  |  |  |
| 5.500% due 01/25/2036  | 16 | 17 |
| 5.750% due 03/25/2036  | 42 | 34 |
| **Bear Stearns Adjustable Rate Mortgage Trust** <br>5.925% due 11/25/2034 ~ | 286 | 263 |
| **Bear Stearns ALT-A Trust** <br>6.024% due 11/25/2034 ~ | 16 | 15 |
| **BX Commercial Mortgage Trust** <br>5.325% due 02/15/2039 •  | 1589 | 1589 |
| **BX Trust** <br>5.326% due 10/15/2036 •  | 5000 | 4997 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Chase** **Mortgage Finance Trust** <br>5.103% due 12/25/2037 ~ | 112 | 97 |
| **COLT Mortgage Loan Trust** <br>6.790% due 12/25/2067 þ | 1662 | 1666 |
| **Countrywide Alternative Loan Trust** <br>5.094% due 09/25/2035 •  | 160 | 120 |
| **Deutsche Alt-A Securities Mortgage Loan Trust** <br>4.714% due 07/25/2047 •  | 111 | 103 |
| **GSMPS Mortgage Loan Trust** <br>4.784% due 03/25/2035 •  | 492 | 462 |
| **IndyMac INDX Mortgage Loan Trust** <br>5.034% due 07/25/2035 •  | 222 | 178 |
| **JP Morgan Mortgage Trust** <br>5.952% due 11/25/2033 ~ | 2 | 2 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.879% due 05/25/2033 ~ | 3 | 3 |
| **NAAC Reperforming Loan REMICS Trust Certificates** <br>4.884% due 02/25/2035 •  | 673 | 550 |
| **New Residential Mortgage Loan Trust** <br>2.750% due 11/25/2059 ~ | 3998 | 3834 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>5.504% due 02/25/2035 •  | 136 | 134 |
| **OPEN Trust** <br>7.401% due 11/15/2040 •  | 257 | 258 |
| **Residential Accredit Loans, Inc. Trust** <br>4.920% due 02/25/2035 ~ | 361 | 322 |
| **Residential Funding Mortgage Securities, Inc. Trust** <br>5.548% due 02/25/2036 ~ | 144 | 137 |
| **Sequoia Mortgage Trust** <br>5.076% due 05/20/2034 •  | 219 | 207 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>5.351% due 03/25/2034 ~ | 5 | 5 |
| **Towd Point Mortgage Trust** <br>5.434% due 05/25/2058 •  | 165 | 169 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 2.566% due 11/25/2041 ~  | 117 | 108 |
| 5.314% due 07/25/2044 •  | 101 | 97 |
| Total Non-Agency Mortgage-Backed Securities (Cost $15,345) |  | 15367 |
| **ASSET-BACKED SECURITIES 0.8%**  |  |  |
| **CMBS OTHER 0.2%**  |  |  |
| **MF1 LLC** <br>6.055% due 03/19/2039 •  | 1000 | 1004 |
| **MF1 Ltd.** <br>5.668% due 02/19/2037 •  | 2185 | 2187 |
| **Ready Capital Mortgage Financing LLC** <br>6.693% due 10/25/2039 •  | 1649 | 1649 |
|  |  | 4840 |
| **HOME EQUITY OTHER 0.0%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>5.229% due 01/25/2035 •  | 596 | 570 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.304% due 07/25/2034 •  | 27 | 27 |
| **Bayview Financial Acquisition Trust** <br>6.601% due 05/28/2037 | 0 | 1 |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.174% due 01/25/2034 •  | 3 | 3 |
| **RAAC Trust** <br>5.194% due 10/25/2046 •  | 54 | 53 |
| **Saxon Asset Securities Trust** <br>1.540% due 03/25/2035 •  | 69 | 61 |
|  |  | 715 |
| **HOME EQUITY SEQUENTIAL 0.0%**  |  |  |
| **RBSSP Resecuritization Trust** <br>4.599% due 11/26/2036 •  | 24 | 24 |
| **OTHER ABS 0.6%**  |  |  |
| **AIM Aviation Finance Ltd.** <br>6.213% due 02/15/2040 þ | 1012 | 966 |
| **Allegro CLO Ltd.** <br>5.519% due 01/19/2033 •  | 1000 | 1001 |
| **Dryden Senior Loan Fund** <br>5.419% due 10/19/2029 •  | 1406 | 1407 |
| **ECAF Ltd.** <br>4.947% due 06/15/2040 | 1151 | 1030 |
| **KDAC Aviation Finance Ltd.** <br>4.212% due 12/15/2042 | 328 | 319 |
| **Labrador** **Aviation Finance Ltd.** <br>4.300% due 01/15/2042 | 1382 | 1344 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LCM Ltd.** <br>5.551% due 04/20/2031 •  | 163 | 164 |
| **MAPS Ltd.** <br>4.212% due 05/15/2043 | 221 | 221 |
| **METAL LLC** <br>4.581% due 10/15/2042 | 1621 | 1078 |
| **Octagon Investment Partners Ltd.** <br>5.419% due 10/20/2030 •  | 1165 | 1166 |
| **OZLM Ltd.** <br>5.581% due 04/20/2031 •  | 840 | 841 |
| **Pikes Peak CLO**  |  |  |
| 5.466% due 07/15/2034 •  | 3000 | 3002 |
| 5.489% due 10/11/2034 •  | 3000 | 3003 |
| **Sapphire Aviation Finance Ltd.** <br>4.250% due 03/15/2040 | 39 | 39 |
| **Start Ltd.** <br>4.089% due 03/15/2044 | 477 | 472 |
| **Venture CLO Ltd.** <br>5.778% due 01/15/2032 •  | 609 | 610 |
| **Vertical Bridge Holdings LLC** <br>2.636% due 09/15/2050 | 3200 | 3182 |
| **Wind River CLO Ltd.** <br>5.581% due 07/18/2031 •  | 36 | 36 |
|  |  | 19881 |
| Total Asset-Backed Securities (Cost $26,033) |  | 25460 |
| **SOVEREIGN ISSUES 4.4%**  |  |  |
| **Brazil Government International Bond** <br>7.125% due 05/13/2054 | 2500 | 2400 |
| **Cassa Depositi e Prestiti SpA** <br>5.875% due 04/30/2029 | 3000 | 3140 |
| **Chile Government International Bond**  |  |  |
| 4.000% due 01/31/2052  | 600 | 464 |
| 5.330% due 01/05/2054  | 33 | 31 |
| **Colombia Government International Bond** <br>7.500% due 02/02/2034 | 2600 | 2592 |
| **Emirate of Abu Dhabi Government International Bond**  |  |  |
| 2.700% due 09/02/2070  | 2900 | 1568 |
| 3.125% due 09/30/2049  | 1400 | 956 |
| 3.875% due 04/16/2050  | 3400 | 2652 |
| **Israel Government International Bond**  |  |  |
| 5.375% due 02/19/2030  | 1500 | 1530 |
| 5.500% due 03/12/2034  | 9300 | 9429 |
| **Japan Government International Bond**  |  |  |
| 2.200% due 03/20/2064  | 626000 | 3496 |
| 2.300% due 12/20/2054  | 1130000 | 7054 |
| 2.400% due 03/20/2045  | 318000 | 2223 |
| 2.400% due 03/20/2055  | 590000 | 3764 |
| **Mexican Udibonos**  |  |  |
| 2.750% due 11/27/2031 (i)  | 140179 | 6621 |
| 3.000% due 12/03/2026 (i)  | 63756 | 3328 |
| 4.000% due 11/30/2028 (i)  | 68007 | 3553 |
| **Panama Government International Bond** <br>4.500% due 05/15/2047 | $35 | 24 |
| **Peru Government International Bond**  |  |  |
| 5.400% due 08/12/2034  | 51100 | 13655 |
| 6.150% due 08/12/2032  | 9064 | 2647 |
| 6.950% due 08/12/2031  | 8350 | 2563 |
| 7.300% due 08/12/2033  | 20900 | 6438 |
| **Philippines Government International Bond** <br>5.500% due 01/17/2048 | $400 | 389 |
| **Republic of South Africa Government International Bond**  |  |  |
| 8.500% due 01/31/2037  | 184000 | 9048 |
| 8.875% due 02/28/2035  | 302300 | 15945 |
| **Romania Government International Bond**  |  |  |
| 1.750% due 07/13/2030  | 1100 | 1114 |
| 2.875% due 04/13/2042  | 1100 | 808 |
| 3.750% due 02/07/2034  | 400 | 403 |
| 5.625% due 02/22/2036 (m)  | 1000 | 1123 |
| 5.625% due 05/30/2037  | 6000 | 6662 |
| **Saudi Government International Bond**  |  |  |
| 3.450% due 02/02/2061  | $12000 | 7457 |
| 5.125% due 01/13/2028  | 7300 | 7424 |
| 5.750% due 01/16/2054  | 6300 | 6012 |
| **Ukraine Government International Bond**  |  |  |
| 0.000% due 02/01/2030 (h)  | 26 | 12 |
| 0.000% due 02/01/2034 (h)  | 97 | 38 |
| 0.000% due 02/01/2035 (h)  | 82 | 39 |
| 0.000% due 02/01/2036 (h)  | 68 | 32 |
| 1.750% due 02/01/2034  | 95 | 49 |
| 1.750% due 02/01/2035  | 166 | 85 |
| 1.750% due 02/01/2036  | 213 | 107 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| **United** **Kingdom Gilt** <br>4.375% due 07/31/2054 | GBP | 4686 | 5575 |
| Total Sovereign Issues (Cost $147,256) |  |  | 142450 |
|  |  | SHARES |  |
| **COMMON STOCKS 0.0%**  |  |  |  |
| **FINANCIALS 0.0%**  |  |  |  |
| **MNSN Holdings, Inc. «(e)(l)** |  | 2831 | 11 |
| **Stichting Administratiekantoor« (e)** |  | 6729 | 0 |
|  |  |  | 11 |
| **INDUSTRIALS 0.0%**  |  |  |  |
| **Foresea Holdings SA «** |  | 63984 | 1312 |
| **Westmoreland Mining Holdings «(e)(l)** |  | 32131 | 20 |
| **Westmoreland Mining LLC «(e)(l)** |  | 32414 | 76 |
|  |  |  | 1408 |
| Total Common Stocks (Cost $2,492) |  |  | 1419 |
| **PREFERRED SECURITIES 3.4%**  |  |  |  |
| **BANKING & FINANCE 3.2%**  |  |  |  |
| **American AgCredit Corp.**<br>5.250% due 06/15/2026 •  |  | 11000000 | 10684 |
| **Banco Bilbao Vizcaya Argentaria SA**<br>6.000% due 01/15/2026 •(k) |  | 1000000 | 1194 |
| **Capital Farm Credit ACA**<br>5.000% due 03/15/2026 •  |  | 6400000 | 6431 |
| **Charles Schwab Corp.**  |  |  |  |
| 4.000% due 12/01/2030 •(j) |  | 9000000 | 8350 |
| 5.000% due 12/01/2027 •(j) |  | 2000000 | 1961 |
| **Citigroup, Inc.**<br>6.950% due 02/15/2030 •(j) |  | 3800000 | 3883 |
| **Citizens Financial Group, Inc.**<br>4.000% due 10/06/2026 •  |  | 1100000 | 1069 |
| **CoBank ACB**  |  |  |  |
| 4.250% due 01/01/2027 •(j) |  | 3500000 | 3382 |
| 6.250% due 10/01/2026 •  |  | 3700000 | 3711 |
| 7.125% due 01/01/2030 •(j) |  | 2000000 | 2051 |
| **Cooperatieve Rabobank UA**<br>6.500% due 12/29/2049 þ (j) |  | 1822950 | 2451 |
| **Depository Trust & Clearing Corp.**<br>3.375% due 06/20/2026 •(j) |  | 4500000 | 4365 |
| **Goldman Sachs Group, Inc.**  |  |  |  |
| 3.650% due 08/10/2026 •(j) |  | 4400000 | 4313 |
| 6.125% due 11/10/2034 •(j) |  | 3600000 | 3599 |
| 6.850% due 02/10/2030 •(j) |  | 4900000 | 5067 |
| 7.500% due 02/10/2029 •(j) |  | 2200000 | 2338 |
| 7.500% due 05/10/2029 •(j) |  | 3000000 | 3163 |
| **JPMorgan Chase & Co.**  |  |  |  |
| 3.650% due 06/01/2026 •(j) |  | 4000000 | 3941 |
| 4.200% due 09/01/2026 (j) |  | 75000 | 1343 |
| 4.625% due 06/01/2026 (j) |  | 111000 | 2170 |
| 6.500% due 04/01/2030 •(j) |  | 5300000 | 5473 |
| 6.875% due 06/01/2029 •(j) |  | 4400000 | 4651 |
| 7.036% due 10/01/2025 ~(j) |  | 5800000 | 5838 |
| **Nationwide Building Society**<br>10.250% ~ |  | 2785 | 497 |
| **State Street Corp.**<br>6.700% due 03/15/2029 •(j) |  | 5200000 | 5424 |
| **Wells Fargo & Co.**  |  |  |  |
| 4.750% due 09/15/2025 |  | 98700 | 1879 |
| 6.850% due 09/15/2029 •(j) |  | 3700000 | 3882 |
| 7.625% due 09/15/2028 •(j) |  | 500000 | 538 |
|  |  |  | 103648 |
| **INDUSTRIALS 0.1%**  |  |  |  |
| **SVB Financial Trust**<br>11.000% due 11/07/2032 |  | 3227 | 1710 |
| **UTILITIES 0.1%**  |  |  |  |
| **Edison International**<br>5.000% due 12/15/2026 •  |  | 1900000 | 1647 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Sempra**<br>4.875% due 10/15/2025 •(j) | 3000000 | 2993 |
|  |  | 4640 |
| Total Preferred Securities (Cost $112,783) |  | 109998 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **U.S. TREASURY BILLS 0.0%**  |  |  |
| 4.329% due 07/03/2025 - 09/16/2025 (f)(g)(q) | $983 | 975 |
| Total Short-Term Instruments (Cost $975) |  | 975 |
| Total Investments in Securities (Cost $3,786,369) |  | 3426445 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 0.0%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.0%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.0%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 19606 | 191 |
| Total Short-Term Instruments (Cost $191) |  | 191 |
| Total Investments in Affiliates (Cost $191) |  | 191 |
| Total Investments 106.8% (Cost $3,786,560) |  | $3426636 |
| **Financial Derivative Instruments (n)(p) 0.0**%(Cost or Premiums, net $66,512) |  | 648 |
| Other Assets and Liabilities, net (6.8)% |  | (219847) |
| Net Assets 100.0% |  | $3207437 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 39 | 97 | 132 | 145 | 168 | 180 | 205 | 206 |
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **^** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** | **Security is in default.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(d)** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** | **Security is not accruing income as of the date of this report.** |
| **(e)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(f)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(g)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(h)** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** | **Security becomes interest bearing at a future date.** |
| **(i)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(j)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(k)** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** | **Contingent convertible security.** |
| **(l)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost | Market<br>Value | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Constellation Pharmaceutical, Inc. 5.550% due 07/01/2033 | Constellation Pharmaceutical, Inc. 5.550% due 07/01/2033 | Constellation Pharmaceutical, Inc. 5.550% due 07/01/2033 | 01/16/2025 | 01/16/2025 | 1275 | 1275 | 1295 | 1295 | 0.04 |
| Credit Opportunities Partners LLC 6.520% due 03/20/2028 | Credit Opportunities Partners LLC 6.520% due 03/20/2028 | Credit Opportunities Partners LLC 6.520% due 03/20/2028 | 03/20/2025 | 03/20/2025 | 900 | 900 | 906 | 906 | 0.03 |
| Credit Opportunities Partners LLC 6.740% due 03/20/2030 | Credit Opportunities Partners LLC 6.740% due 03/20/2030 | Credit Opportunities Partners LLC 6.740% due 03/20/2030 | 02/20/2025 | 02/20/2025 | 1000 | 1000 | 1011 | 1011 | 0.03 |
| MNSN Holdings, Inc. | MNSN Holdings, Inc. | MNSN Holdings, Inc. | 04/26/2022 | 04/26/2022 | 55 | 55 | 11 | 11 | 0.00 |
| Morgan Stanley 0.000% due 04/02/2032 | Morgan Stanley 0.000% due 04/02/2032 | Morgan Stanley 0.000% due 04/02/2032 | 02/11/2020 | 02/11/2020 | 10117 | 10117 | 7844 | 7844 | 0.25 |
| Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | Pantheon Senior Debt Secondaries 6.317% due 03/26/2026 | 03/18/2025 | 03/18/2025 | 1100 | 1100 | 1100 | 1100 | 0.03 |
| Project Alpha Investindustrial 4.256% due 02/27/2026 | Project Alpha Investindustrial 4.256% due 02/27/2026 | Project Alpha Investindustrial 4.256% due 02/27/2026 | 02/28/2025 | 02/28/2025 | 784 | 784 | 891 | 891 | 0.03 |
| Westmoreland Mining Holdings | Westmoreland Mining Holdings | Westmoreland Mining Holdings | 12/08/2014 | 12/08/2014 | 936 | 936 | 20 | 20 | 0.00 |
| Westmoreland Mining LLC | Westmoreland Mining LLC | Westmoreland Mining LLC | 06/30/2023 | 06/30/2023 | 215 | 215 | 76 | 76 | 0.00 |
|  |  |  |  | $ | 16382 | $ | 13154 | 0.41%  | 0.41%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOO | BOO | 4.390%  | 07/01/2025 | 07/02/2025 | 07/02/2025 | (12078) | (12078) | (12078) | (12078) |
|  |  | 4.460  | 06/30/2025 | 07/01/2025 | 07/01/2025 | (488) | (488) | (488) | (488) |
| BPS | BPS | 4.350  | 06/11/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (1344) | (1344) | (1347) | (1347) |
| BRC | BRC | 4.400  | 12/20/2024 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (12270) | (12270) | (12560) | (12560) |
| DEU | DEU | 4.350  | 06/30/2025 | 07/01/2025 | 07/01/2025 | (11441) | (11441) | (11442) | (11442) |
| MEI | MEI | 3.000  | 06/23/2025 | 08/01/2025 | 08/01/2025 | (733) | (733) | (734) | (734) |
| MYI | MYI | 1.650  | 06/24/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (782) | (782) | (921) | (921) |
| NOM | NOM | 4.300  | 06/26/2025 | TBD<sup>(2)</sup> | TBD<sup>(2)</sup> | (609) | (609) | (610) | (610) |
| NXN | NXN | 4.440  | 06/10/2025 | 07/16/2025 | 07/16/2025 | (61424) | (61424) | (61583) | (61583) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  | **(101763)** | **(101763)** |
| **(m)** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $91,595 and cash of $94 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(215773) at a weighted average interest rate of 4.428%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |

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<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 37 | 57 | 77 | 91 | 98 | 99 | 119 | 131 | 145 | 161 | 172 | 195 | 210 |
| <sup>(</sup><sup>2)</sup> | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. | Open maturity reverse repurchase agreement. |
| **(n)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Cost |  | Market<br>Value |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | $97.500 | 97.500 | 97.500 | 06/12/2026 | 06/12/2026 | 819 | $2048 | 2048 | 641 | $ | 348 |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | 98.000 | 98.000 | 98.000 | 06/12/2026 | 06/12/2026 | 854 | 2135 | 2135 | 416 |  | 208 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **$** | **1057** | **$** | **556** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 43 | 43 | $43 | 43 | (9) | $ | (9) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 43 | 43 | 43 | 43 | (11) |  | (13) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 17 | 17 | 17 | 17 | (3) |  | (4) |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 17 | 17 | 17 | 17 | (3) |  | (2) |
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 11 | 11 | 11 | 11 | (5) |  | (4) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 11 | 11 | 11 | 11 | (6) |  | (2) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (37) | $ | (34) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 48 | $48 | 48 | (16) | $ | (1) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.000 | 109.000 | 109.000 | 07/25/2025 | 07/25/2025 | 92 | 92 | 92 | (39) |  | (3) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 49 | 49 | 49 | (16) |  | (3) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 45 | 45 | 45 | (11) |  | (6) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 141 | 141 | 141 | (54) |  | (75) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 45 | 45 | 45 | (14) |  | (20) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 48 | 48 | 48 | (17) |  | (36) |
| Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | Call - CME 3-Month SOFR Active Contract June 2026 Futures  | 98.500 | 98.500 | 98.500 | 06/12/2026 | 06/12/2026 | 819 | 2048 | 2048 | (224) |  | (112) |
|  |  |  |  |  |  |  |  |  |  |  | $ | (391) | $ | (256) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(428)** | **$** | **(290)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2027 | 689 | 689 | $167031 | 167031 | 167031 |  | $1634 | 1634 | 1634 | $60 | 60 | $0 |
| 3-Month SOFR Active Contract December Futures  | 3-Month SOFR Active Contract December Futures  | 03/2028 | 351 | 351 | 84929 | 84929 | 84929 |  | 694 | 694 | 694 | 26 | 26 | 0 |
| 3-Month SOFR Active Contract June Futures  | 3-Month SOFR Active Contract June Futures  | 09/2027 | 1086 | 1086 | 263097 | 263097 | 263097 |  | 2456 | 2456 | 2456 | 82 | 82 | 0 |
| 3-Month SOFR Active Contract March Futures  | 3-Month SOFR Active Contract March Futures  | 06/2027 | 1001 | 1001 | 242630 | 242630 | 242630 |  | 2320 | 2320 | 2320 | 75 | 75 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2026 | 632 | 632 | 153157 | 153157 | 153157 |  | 1486 | 1486 | 1486 | 55 | 55 | 0 |
| 3-Month SOFR Active Contract September Futures  | 3-Month SOFR Active Contract September Futures  | 12/2027 | 1049 | 1049 | 253976 | 253976 | 253976 |  | 2111 | 2111 | 2111 | 79 | 79 | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 29 | 29 | 4446 | 4446 | 4446 |  | (35) | (35) | (35) | 1 | 1 | (13) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 4070 | 4070 | 443630 | 443630 | 443630 |  | 3871 | 3871 | 3871 | 541 | 541 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 1174 | 1174 | 131635 | 131635 | 131635 |  | 2350 | 2350 | 2350 | 367 | 367 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 268 | 268 | 30623 | 30623 | 30623 |  | 635 | 635 | 635 | 130 | 130 | 0 |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 101 | 101 | 11662 | 11662 | 11662 |  | 295 | 295 | 295 | 101 | 101 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 2314 | 2314 | 275655 | 275655 | 275655 |  | 10089 | 10089 | 10089 | 3109 | 3109 | 0 |
|  |  |  |  |  |  |  |  |  | 27906 | 27906 | $ | 4626 | $ | (13) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 507 | 507 | $(70281) | (70281) | (70281) |  | $263 | 263 | 263 | $149 | 149 | $(48) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 137 | 137 | (28499) | (28499) | (28499) |  | (110) | (110) | (110) | 0 | 0 | (7) |
|  |  |  |  |  |  |  |  |  | 153 | 153 | $ | 149 | $ | (55) |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 6 | 12 | 14 | 21 | 30 | 32 | 52 | 65 | 95 | 111 | 130 | 146 | 153 | 171 | 175 | 183 | 195 | 213 |
| **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | **Total** **Futures Contracts** | $**28059** | **28059** | **28059** | $**4775** | **4775** | **4775** | **$** | **(68)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> |
| Reference Entity | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| Ford Motor Co.  | (5.000)% | (5.000)% | Quarterly | 06/20/2030 | 06/20/2030 | 1.810 | % | $4600 | (521) | $ | (125) | $ | (646) | (646) | (646) | 0 | 0 | (7) |
| General Motors Co.  | (5.000) | (5.000) | Quarterly | 06/20/2030 | 06/20/2030 | 1.225 |  | 8300 | (1253) |  | (155) |  | (1408) | (1408) | (1408) | 0 | 0 | (18) |
|  |  |  |  |  |  |  |  |  | $(1774) | (1774) | (280) | (280) | $(2054) | (2054) | (2054) | $0 | 0 | $(25) |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> |
| Reference Entity | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(4)</sup> | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| AES Corp.  | 5.000% | 5.000% | Quarterly | 12/20/2025 | 12/20/2025 | 0.201 | % | $1100 | 218 | $ | (191) | $ | 27 | 27 | 27 | 0 | 0 | 0 |
| AES Corp.  | 5.000 | 5.000 | Quarterly | 12/20/2028 | 12/20/2028 | 0.875 |  | 1500 | 186 |  | 17 |  | 203 | 203 | 203 | 0 | 0 | (1) |
| American International Group, Inc.  | 1.000 | 1.000 | Quarterly | 12/20/2027 | 12/20/2027 | 0.310 |  | 2000 | (12) |  | 45 |  | 33 | 33 | 33 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.241 |  | 1600 | 21 |  | (15) |  | 6 | 6 | 6 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.303 |  | 4200 | 64 |  | (35) |  | 29 | 29 | 29 | 0 | 0 | 0 |
| AT&T, Inc.  | 1.000 | 1.000 | Quarterly | 06/20/2028 | 06/20/2028 | 0.431 |  | 1100 | (6) |  | 24 |  | 18 | 18 | 18 | 1 | 1 | 0 |
| Bank of America Corp.  | 1.000 | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.239 |  | 4800 | 32 |  | (13) |  | 19 | 19 | 19 | 0 | 0 | 0 |
| Bank of America Corp.  | 1.000 | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.359 |  | 4100 | 53 |  | (14) |  | 39 | 39 | 39 | 0 | 0 | 0 |
| Barclays Bank PLC  | 1.000 | 1.000 | Quarterly | 12/20/2025 | 12/20/2025 | 0.238 |  | 1800 | 10 |  | (2) |  | 8 | 8 | 8 | 0 | 0 | 0 |
| Cellnex Telecom SA  | 5.000 | 5.000 | Quarterly | 12/20/2030 | 12/20/2030 | 0.893 |  | 2400 | (5) |  | 604 |  | 599 | 599 | 599 | 0 | 0 | 0 |
| Comcast Corp.  | 1.000 | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.192 |  | $4500 | 119 |  | (65) |  | 54 | 54 | 54 | 0 | 0 | (1) |
| Enbridge, Inc.  | 1.000 | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.309 |  | 3700 | 36 |  | 2 |  | 38 | 38 | 38 | 0 | 0 | 0 |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.089 |  | 1900 | 22 |  | (5) |  | 17 | 17 | 17 | 0 | 0 | 0 |
| General Electric Co.  | 1.000 | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.107 |  | 300 | 3 |  | 1 |  | 4 | 4 | 4 | 0 | 0 | 0 |
| Glencore Finance  | 5.000 | 5.000 | Quarterly | 06/20/2031 | 06/20/2031 | 1.281 |  | 2000 | 461 |  | 22 |  | 483 | 483 | 483 | 1 | 1 | 0 |
| Goldman Sachs Group, Inc.  | 1.000 | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.321 |  | $700 | 4 |  | 1 |  | 5 | 5 | 5 | 0 | 0 | 0 |
| MGM Resorts International  | 5.000 | 5.000 | Quarterly | 12/20/2029 | 12/20/2029 | 1.690 |  | 3400 | 465 |  | (9) |  | 456 | 456 | 456 | 5 | 5 | 0 |
| Teck Resources Ltd.  | 5.000 | 5.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.165 |  | 3600 | 611 |  | (438) |  | 173 | 173 | 173 | 0 | 0 | 0 |
| Tesco PLC  | 1.000 | 1.000 | Quarterly | 06/20/2028 | 06/20/2028 | 0.283 |  | 1100 | 11 |  | 17 |  | 28 | 28 | 28 | 0 | 0 | 0 |
| Verizon Communications, Inc.  | 1.000 | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 | 0.312 |  | $3300 | 80 |  | (46) |  | 34 | 34 | 34 | 0 | 0 | 0 |
| Volkswagen International Finance NV  | 1.000 | 1.000 | Quarterly | 06/20/2028 | 06/20/2028 | 0.755 |  | 1500 | 12 |  | 1 |  | 13 | 13 | 13 | 1 | 1 | 0 |
|  |  |  |  |  |  |  |  |  | $2385 | 2385 | (99) | (99) | $2286 | 2286 | 2286 | $8 | 8 | $(2) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - BUY PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> |
| Index/Tranches | Index/Tranches | Fixed <br>(Pay) Rate | Fixed <br>(Pay) Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| CDX.HY-44 5-Year Index  | CDX.HY-44 5-Year Index  | (5.000)% | (5.000)% | Quarterly | 06/20/2030 | 06/20/2030 | $ | 26500 | (601) | $ | (1433) | $ | (2034) | (2034) | (2034) | 0 | 0 | (93) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(3)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount<sup>(5)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Market<br>Value<sup>(6)</sup> | Asset | Asset | Liability |
| CDX.EM-34 5-Year Index  | CDX.EM-34 5-Year Index  | 1.000% | 1.000% | Quarterly | 12/20/2025 | 12/20/2025 | $ | 3404 | (123) | $ | 134 | $ | 11 | 11 | 11 | 5 | 5 | 0 |
| CDX.EM-36 5-Year Index  | CDX.EM-36 5-Year Index  | 1.000 | 1.000 | Quarterly | 12/20/2026 | 12/20/2026 |  | 2116 | (78) |  | 90 |  | 12 | 12 | 12 | 4 | 4 | 0 |
| CDX.EM-40 5-Year Index  | CDX.EM-40 5-Year Index  | 1.000 | 1.000 | Quarterly | 12/20/2028 | 12/20/2028 |  | 700 | (33) |  | 30 |  | (3) | (3) | (3) | 2 | 2 | 0 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 3 | 4 | 12 | 15 | 18 | 22 | 30 | 33 | 54 | 63 | 83 | 96 | 111 | 125 | 146 | 175 | 184 | 199 | 214 |
| CDX.EM-41 5-Year Index  | CDX.EM-41 5-Year Index  | CDX.EM-41 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2029 | 06/20/2029 |  | 200 |  | (7) |  | 5 |  | (2) | 0 |  | 0 |
| CDX.EM-42 5-Year Index  | CDX.EM-42 5-Year Index  | CDX.EM-42 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 |  | 400 |  | (12) |  | 6 |  | (6) | 1 |  | 0 |
| CDX.EM-43 5-Year Index  | CDX.EM-43 5-Year Index  | CDX.EM-43 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  | 300 |  | (11) |  | 4 |  | (7) | 1 |  | 0 |
| CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | CDX.IG-43 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 12/20/2029 | 12/20/2029 |  | 298100 |  | 6622 |  | 182 |  | 6804 | 148 |  | 0 |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000 | 1.000 | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 |  | 3047700 |  | 53268 |  | 15163 |  | 68431 | 1685 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  | $ | 59626 | $ | 15614 | $ | 75240 | 1846 | $ | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> | <u>Variation Margin</u><sup>(8)</sup> |
| Pay/<br>Receive<br>Floating Rate | Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Asset | Asset | Liability |
| Pay | Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | 3.500% | Annual | Annual | 03/19/2030 | GBP | 70330 | 70330 | $(2014) | (2014) | $1139 | 1139 | (875) | $0 | 0 | $(4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.000 | 1.000 | Annual | Annual | 06/15/2027 | $ | $120700 | 120700 | 3989 | 3989 | 1854 | 1854 | 5843 | 0 | 0 | (45) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.655 | 3.655 | Annual | Annual | 05/31/2028 |  | 72200 | 72200 | 0 | 0 | (464) | (464) | (464) | 0 | 0 | (59) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.620 | 3.620 | Annual | Annual | 11/30/2029 |  | 173947 | 173947 | (208) | (208) | (1615) | (1615) | (1823) | 0 | 0 | (257) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 12/18/2029 |  | 59200 | 59200 | 74 | 74 | (711) | (711) | (637) | 0 | 0 | (86) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | 3.842 | Annual | Annual | 03/04/2030 |  | 4400 | 4400 | (9) | (9) | (65) | (65) | (74) | 0 | 0 | (7) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 06/20/2031 |  | 88300 | 88300 | 250 | 250 | (1562) | (1562) | (1312) | 0 | 0 | (189) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | 3.750 | Annual | Annual | 05/15/2032 |  | 1600 | 1600 | (7) | (7) | (18) | (18) | (25) | 0 | 0 | (4) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.900 | 3.900 | Annual | Annual | 02/15/2035 |  | 20920 | 20920 | (120) | (120) | (299) | (299) | (419) | 0 | 0 | (81) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.901 | 3.901 | Annual | Annual | 02/15/2035 |  | 2900 | 2900 | (2) | (2) | (49) | (49) | (51) | 0 | 0 | (11) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.908 | 3.908 | Annual | Annual | 03/04/2035 |  | 1490 | 1490 | (5) | (5) | (22) | (22) | (27) | 0 | 0 | (6) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.874 | 3.874 | Annual | Annual | 03/05/2035 |  | 2600 | 2600 | (9) | (9) | (30) | (30) | (39) | 0 | 0 | (10) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.899 | 3.899 | Annual | Annual | 03/11/2035 |  | 2600 | 2600 | (9) | (9) | (36) | (36) | (45) | 0 | 0 | (10) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.975 | 3.975 | Annual | Annual | 03/21/2035 |  | 3000 | 3000 | (8) | (8) | (63) | (63) | (71) | 0 | 0 | (12) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.930 | 3.930 | Annual | Annual | 03/24/2035 |  | 5000 | 5000 | (15) | (15) | (84) | (84) | (99) | 0 | 0 | (20) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.884 | 3.884 | Annual | Annual | 03/25/2035 |  | 2600 | 2600 | (7) | (7) | (35) | (35) | (42) | 0 | 0 | (10) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.100 | 4.100 | Annual | Annual | 11/15/2052 |  | 27070 | 27070 | (52) | (52) | (661) | (661) | (713) | 0 | 0 | (226) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | 3.500 | Annual | Annual | 06/20/2054 |  | 19975 | 19975 | 738 | 738 | 725 | 725 | 1463 | 0 | 0 | (152) |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 12.030 | 12.030 | Maturity | Maturity | 01/04/2027 | BRL | 205800 | 205800 | 0 | 0 | (908) | (908) | (908) | 41 | 41 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.927 | 13.927 | Maturity | Maturity | 01/04/2027 |  | 234100 | 234100 | 0 | 0 | (122) | (122) | (122) | 23 | 23 | 0 |
| Pay | Pay | 1-Year BRL-CDI | 1-Year BRL-CDI | 13.402 | 13.402 | Maturity | Maturity | 01/02/2029 |  | 166400 | 166400 | 0 | 0 | 255 | 255 | 255 | 151 | 151 | 0 |
| Pay | Pay | 3-Month AUD-BBR-BBSW | 3-Month AUD-BBR-BBSW | 4.250 | 4.250 | Semi-Annual | Semi-Annual | 03/19/2030 | AUD | 115200 | 115200 | 947 | 947 | 1244 | 1244 | 2191 | 0 | 0 | (33) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 1.000 | 1.000 | Annual | Annual | 05/13/2027 | EUR | 5500 | 5500 | (20) | (20) | (107) | (107) | (127) | 0 | 0 | (2) |
| Pay<sup>(7)</sup> | Pay<sup>(7)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2030 |  | 103640 | 103640 | (1245) | (1245) | 1064 | 1064 | (181) | 0 | 0 | (114) |
| Receive<sup>(7)</sup> | Receive<sup>(7)</sup> | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.250 | 2.250 | Annual | Annual | 09/17/2055 |  | 24800 | 24800 | 2029 | 2029 | 1008 | 1008 | 3037 | 94 | 94 | 0 |
| Pay | Pay | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.582 | 7.582 | Lunar | Lunar | 04/02/2030 | MXN | 29400 | 29400 | 0 | 0 | (6) | (6) | (6) | 8 | 8 | 0 |
| Receive | Receive | 28-Day MXN-TIIE | 28-Day MXN-TIIE | 7.758 | 7.758 | Lunar | Lunar | 06/12/2030 |  | 21400 | 21400 | 0 | 0 | (4) | (4) | (4) | 0 | 0 | (3) |
|  |  |  |  |  |  |  |  |  |  |  | $ | 4297 | $ | 428 | $ | 4725 | 317 | $ | (1341) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **63933** | **$** | **14230** | **$** | **78163** | **2171** | **$** | **(1461)** |
| **(o)** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $138,376 and cash of $11,444 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a buyer of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) receive from the seller of protection an amount equal to the notional amount of the swap and deliver the referenced obligation or underlying securities comprising the referenced index or (ii) receive a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(4)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |

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<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

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|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>5)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(6)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(7)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| <sup>(8)</sup> | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. | Unsettled variation margin liability of $(4) for closed swap agreements is outstanding at period end. |
| **(p)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 14726 | $2044 | 2044 | $0 | $(16) |
|  |  | 07/2025  | $1189 | 1830 | 1830 | 16 | 0 |
|  |  | 07/2025  | 140 | 233 | 233 | 2 | 0 |
|  |  | 08/2025  | 1830 | $1189 | 1189 | 0 | (16) |
|  |  | 08/2025  | 14728 | 2042 | 2042 | 0 | (23) |
|  |  | 08/2025  | 233 | 140 | 140 | 0 | (2) |
|  |  | 08/2025  | $1132 | 8085 | 8085 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 46942 | $53376 | 53376 | 0 | (1920) |
|  |  | 07/2025  | 26240722 | 1608 | 1608 | 0 | (10) |
|  |  | 07/2025  | $531 | 723571 | 723571 | 4 | 0 |
|  |  | 07/2025  | 10325 | 37429 | 37429 | 240 | 0 |
|  |  | 07/2025  | 34 | 43 | 43 | 0 | 0 |
|  |  | 08/2025  | 2904 | $406 | 406 | 0 | (1) |
|  |  | 08/2025  | 43 | 34 | 34 | 0 | 0 |
|  |  | 08/2025  | 166 | 5 | 5 | 0 | (1) |
|  |  | 08/2025  | $1708 | 12212 | 12212 | 4 | 0 |
|  |  | 08/2025  | 1001 | 29362 | 29362 | 19 | 0 |
|  |  | 12/2025  | 37567 | $10325 | 10325 | 0 | (232) |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 183 | 33 | 33 | 0 | 0 |
|  |  | 07/2025  | 215 | 6 | 6 | 0 | 0 |
|  |  | 07/2025  | 32859 | 1011 | 1011 | 0 | (120) |
|  |  | 07/2025  | $32 | 183 | 183 | 2 | 0 |
|  |  | 07/2025 | 502 | 8196565 | 8196565 | 3 | 0 |
|  |  | 07/2025  | 290 | 9596 | 9596 | 6 | 0 |
|  |  | 08/2025  | 100785 | $14101 | 14101 | 0 | (31) |
|  |  | 08/2025  | 1169 | 13 | 13 | 0 | 0 |
|  |  | 08/2025  | 28881 | 695 | 695 | 0 | (9) |
|  |  | 08/2025  | 33946 | 1041 | 1041 | 0 | (139) |
|  |  | 08/2025  | $2720 | 19408 | 19408 | 2 | 0 |
|  |  | 08/2025  | 3 | 487 | 487 | 0 | 0 |
|  |  | 08/2025  | 49 | 1619 | 1619 | 7 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1565 | $1792 | 1792 | 0 | (52) |
|  |  | 07/2025  | 48808 | 36 | 36 | 0 | (1) |
|  |  | 07/2025  | 924 | 246 | 246 | 0 | (10) |
|  |  | 07/2025  | 9611 | 238 | 238 | 0 | (2) |
|  |  | 07/2025  | $37670 | 27686 | 27686 | 333 | 0 |
|  |  | 07/2025  | 103 | 14745 | 14745 | 0 | 0 |
|  |  | 07/2025  | 15 | 20272 | 20272 | 0 | 0 |
|  |  | 07/2025  | 110 | 4494 | 4494 | 2 | 0 |
|  |  | 07/2025  | 341036 | $18867 | 18867 | 0 | (366) |
|  |  | 08/2025  | 27686 | 37675 | 37675 | 0 | (334) |
|  |  | 08/2025  | $772 | 32096 | 32096 | 10 | 0 |
|  |  | 09/2025  | 109 | 2089 | 2089 | 2 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | 7173 | $1974 | 1974 | 0 | (50) |
|  |  | 08/2025  | 7814 | 2115 | 2115 | 0 | (88) |
|  |  | 09/2025  | 12616 | 3428 | 3428 | 0 | (126) |
|  |  | 09/2025  | $106 | 386 | 386 | 2 | 0 |
|  |  | 11/2025  | 476 | $129 | 129 | 0 | (5) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 92389 | 16930 | 16930 | 0 | (75) |
|  |  | 07/2025  | 4079642 | 2968 | 2968 | 0 | (49) |
|  |  | 07/2025  | 11224 | 338 | 338 | 0 | (8) |
|  |  | 07/2025  | 57130 | 1756 | 1756 | 0 | (211) |
|  |  | 07/2025  | $15917 | 92389 | 92389 | 1088 | 0 |
|  |  | 07/2025  | 1078 | 877 | 877 | 28 | 0 |
|  |  | 07/2025  | 205 | 3341970 | 3341970 | 1 | 0 |
|  |  | 07/2025  | 2267 | 3105764 | 3105764 | 30 | 0 |
|  |  | 07/2025  | 117 | 423 | 423 | 3 | 0 |
|  |  | 07/2025  | 116 | 3873 | 3873 | 3 | 0 |
|  |  | 07/2025  | 4181 | 124259 | 124259 | 97 | 0 |
|  |  | 08/2025  | 4688 | $652 | 652 | 0 | (5) |
|  |  | 08/2025  | 6759 | 78 | 78 | 0 | 0 |
|  |  | 08/2025  | 76103 | 2335 | 2335 | 0 | (311) |
|  |  | 08/2025  | $1301 | 9421 | 9421 | 20 | 0 |
|  |  | 08/2025  | 207 | 17851 | 17851 | 1 | 0 |
|  |  | 09/2025  | 6333 | $1716 | 1716 | 0 | (67) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 32869 | 8921 | 8921 | 0 | (357) |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | $54873 | 47300 | 844 | 0 |
|  | 07/2025  | 104 | 3086 | 2 | 0 |
|  | 08/2025  | 47196 | $54873 | 0 | (843) |
|  | 08/2025  | 4028 | 47 | 0 | 0 |
|  | 08/2025  | $154 | 4955 | 18 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 1830 | 1181 | 0 | (24) |
|  | 07/2025  | 92591 | 16242 | 0 | (800) |
|  | 07/2025  | 881 | 1070 | 0 | (41) |
|  | 07/2025  | 7491 | 1042 | 0 | (5) |
|  | 07/2025  | 2305702 | 15840 | 0 | (171) |
|  | 07/2025  | 7 | 5 | 0 | 0 |
|  | 07/2025  | $16967 | 92591 | 75 | 0 |
|  | 07/2025  | 56705 | 8134845 | 0 | (215) |
|  | 07/2025  | 1734 | 6394 | 40 | 0 |
|  | 07/2025  | 27 | 35 | 0 | 0 |
|  | 08/2025  | 1929 | $22 | 0 | 0 |
|  | 08/2025  | 35 | 27 | 0 | 0 |
|  | 08/2025  | $1056 | 7556 | 4 | 0 |
|  | 08/2025  | 15840 | 2297222 | 171 | 0 |
|  | 09/2025  | 267004 | $13713 | 0 | (402) |
|  | 09/2025  | $1395 | 7826 | 23 | 0 |
|  | 09/2025  | 0 | 1 | 0 | 0 |
|  | 11/2025  | 10296 | $2813 | 0 | (82) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 5661 | 174 | 0 | (21) |
|  | 07/2025  | $49 | 791220 | 0 | 0 |
|  | 07/2025  | 11 | 13 | 0 | 0 |
|  | 07/2025  | 45 | 1474 | 5 | 0 |
|  | 07/2025  | 1421 | $79 | 0 | (2) |
|  | 08/2025  | 13 | 11 | 0 | 0 |
|  | 09/2025  | 11697 | 3192 | 0 | (104) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 1934 | 1268 | 0 | (5) |
|  | 07/2025  | 14192 | 1966 | 0 | (18) |
|  | 07/2025  | 233 | 139 | 0 | (3) |
|  | 07/2025  | 9923 | 2642 | 0 | (110) |
|  | 07/2025  | 301 | 235 | 0 | (2) |
|  | 07/2025  | 33262 | 1023 | 0 | (122) |
|  | 07/2025  | $615 | 845 | 5 | 0 |
|  | 07/2025  | 189 | 258628 | 3 | 0 |
|  | 07/2025  | 3120 | 11532 | 78 | 0 |
|  | 07/2025  | 22 | 28 | 0 | 0 |
|  | 07/2025  | 519 | 15419 | 12 | 0 |
|  | 07/2025  | 96698 | $5411 | 0 | (43) |
|  | 08/2025  | 13439 | 1863 | 0 | (22) |
|  | 08/2025  | 1304 | 15 | 0 | 0 |
|  | 08/2025  | 28 | 22 | 0 | 0 |
|  | 08/2025  | 37453 | 1149 | 0 | (153) |
|  | 08/2025  | $1268 | 1934 | 5 | 0 |
|  | 08/2025  | 1071 | 7657 | 3 | 0 |
|  | 08/2025  | 82 | 2674 | 11 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 9480 | $6902 | 0 | (59) |
|  | 07/2025  | 6804 | 944 | 0 | (7) |
|  | 07/2025  | 7094 | 1895 | 0 | (73) |
|  | 07/2025  | 724 | 565 | 0 | (5) |
|  | 07/2025  | 5634 | 170 | 0 | (3) |
|  | 07/2025  | 15818 | 485 | 0 | (59) |
|  | 07/2025  | $1265 | 1934 | 8 | 0 |
|  | 07/2025  | 6284 | 8638 | 59 | 0 |
|  | 07/2025  | 1385 | 1207 | 37 | 0 |
|  | 07/2025  | 1002 | 729 | 0 | (1) |
|  | 07/2025  | 41 | 664361 | 0 | 0 |
|  | 07/2025  | 2484 | 356834 | 0 | (6) |
|  | 07/2025  | 585 | 757 | 10 | 0 |
|  | 07/2025  | 174 | 5803 | 5 | 0 |
|  | 07/2025  | 471 | 14933 | 43 | 0 |
|  | 08/2025  | 8624 | $6284 | 0 | (59) |
|  | 08/2025  | 9719 | 1348 | 0 | (15) |
|  | 08/2025  | 755 | 585 | 0 | (10) |
|  | 08/2025  | 31551 | 974 | 0 | (123) |
|  | 08/2025  | $812 | 5867 | 11 | 0 |
|  | 08/2025  | 18 | 2590 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 775357 | $5320 | 0 | (65) |
|  | 07/2025  | 4580 | 1221 | 0 | (71) |
|  | 07/2025  | $1272 | 183764 | 4 | 0 |
|  | 07/2025  | 9 | 33 | 0 | 0 |
|  | 08/2025  | 1076 | 7701 | 4 | 0 |
|  | 08/2025  | 5320 | 772507 | 65 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 581 | 9469778 | 3 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 4446238 | $30668 | 0 | (208) |
|  | 07/2025  | $226 | 3679657 | 1 | 0 |
|  | 07/2025  | 117 | 151 | 2 | 0 |
|  | 07/2025  | 4643 | 137410 | 88 | 0 |
|  | 08/2025  | 1351 | $16 | 0 | 0 |
|  | 08/2025  | 150 | 117 | 0 | (2) |
|  | 08/2025  | 11131 | 341 | 0 | (46) |
|  | 08/2025  | $3664 | 26367 | 34 | 0 |
|  | 08/2025  | 60 | 8606 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 7 | 13 | 27 | 48 | 59 | 60 | 81 | 89 | 100 | 103 | 136 | 150 | 151 | 165 | 187 | 197 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  | 1279707 | 1279707 | 1279707 | 1279707 | $ | 8865 | 8865 | 8865 |  | 0 | 0 | 0 |  | (21) |
|  |  | 08/2025  | 08/2025  | $8865 | 8865 | 8865 | 8865 | JPY | 1275011 | 1275011 | 1275011 |  | 21 | 21 | 21 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 27686 | 27686 | 27686 | 27686 | $ | 37487 | 37487 | 37487 |  | 0 | 0 | 0 |  | (516) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 908 | 908 | 908 | 908 |  | 27 | 27 | 27 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | $828 | 828 | 828 | 828 | JPY | 119903 | 119903 | 119903 |  | 4 | 4 | 4 |  | 0 |
|  |  | 08/2025  | 08/2025  | 643 | 643 | 643 | 643 | CNH | 4666 | 4666 | 4666 |  | 12 | 12 | 12 |  | 0 |
|  |  | 09/2025  | 09/2025  | 239 | 239 | 239 | 239 | MXN | 4641 | 4641 | 4641 |  | 6 | 6 | 6 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**3643** | **3643** | **3643** | **$** | $**(9175)** | **(9175)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Buy | Buy | 98.000% | 98.000% | 98.000% | 09/17/2025 | 139300 | 139300 | 139300 | $1595 | 1595 | $ | $186 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| BPS | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.500% | 2.500% | 2.500% | 04/29/2026 | 129200 | 129200 | 129200 | $608 | 608 | $ | $387 |
| FAR | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 2.000 | 2.000 | 2.000 | 04/29/2026 | 150500 | 150500 | 150500 | 414 | 414 |  | 230 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $1022 | 1022 | $ | $617 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**2617** | **2617** | **$** | $**803** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.850% | 0.850% | 0.850% | 07/16/2025 | 5300 | 5300 | 5300 | $(7) | (7) | $ | $0 |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.900 | 0.900 | 0.900 | 07/16/2025 | 10500 | 10500 | 10500 | (12) | (12) |  | (1) |
| JPM | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 1.000 | 1.000 | 1.000 | 07/16/2025 | 5000 | 5000 | 5000 | (5) | (5) |  | 0 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.850 | 0.850 | 0.850 | 07/16/2025 | 5500 | 5500 | 5500 | (7) | (7) |  | (1) |
|  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | Sell | 0.900 | 0.900 | 0.900 | 07/16/2025 | 4900 | 4900 | 4900 | (6) | (6) |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | $(37) | (37) | $ | $(2) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 3.770% | 3.770% | 07/09/2025 | 2300 | 2300 | 2300 | $(7) | (7) | $ | $(21) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 4.120 | 4.120 | 07/09/2025 | 2300 | 2300 | 2300 | (7) | (7) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.637 | 3.637 | 3.637 | 07/18/2025 | 2500 | 2500 | 2500 | (8) | (8) |  | (13) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.037 | 4.037 | 4.037 | 07/18/2025 | 2500 | 2500 | 2500 | (8) | (8) |  | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 3.700 | 3.700 | 07/21/2025 | 2300 | 2300 | 2300 | (7) | (7) |  | (18) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 4.050 | 4.050 | 07/21/2025 | 2300 | 2300 | 2300 | (7) | (7) |  | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 3.555 | 3.555 | 07/24/2025 | 2300 | 2300 | 2300 | (7) | (7) |  | (8) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 3.905 | 3.905 | 07/24/2025 | 2300 | 2300 | 2300 | (7) | (7) |  | (4) |
| BPS | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 1.500 | 1.500 | 1.500 | 04/29/2026 | 129200 | 129200 | 129200 | (194) | (194) |  | (100) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.605 | 3.605 | 3.605 | 07/23/2025 | 2400 | 2400 | 2400 | (9) | (9) |  | (11) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.955 | 3.955 | 3.955 | 07/23/2025 | 2400 | 2400 | 2400 | (8) | (8) |  | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.564 | 3.564 | 3.564 | 07/24/2025 | 2200 | 2200 | 2200 | (7) | (7) |  | (8) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.914 | 3.914 | 3.914 | 07/24/2025 | 2200 | 2200 | 2200 | (7) | (7) |  | (4) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.380 | 2.380 | 2.380 | 07/03/2025 | 1100 | 1100 | 1100 | (3) | (3) |  | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.640 | 2.640 | 2.640 | 07/03/2025 | 1100 | 1100 | 1100 | (3) | (3) |  | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.460 | 2.460 | 2.460 | 07/16/2025 | 1400 | 1400 | 1400 | (4) | (4) |  | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Pay | 2.720 | 2.720 | 2.720 | 07/16/2025 | 1400 | 1400 | 1400 | (4) | (4) |  | (2) |

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<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 0 | 7 | 27 | 70 | 90 | 103 | 136 | 165 | 203 |
| FAR | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.750 | 07/03/2025 | 2900 | (11) | (20) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.100 | 07/03/2025 | 2900 | (11) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.790 | 07/09/2025 | 2800 | (9) | (29) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.140 | 07/09/2025 | 2800 | (9) | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.680 | 07/07/2025 | 1200 | (4) | (4) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.775 | 07/07/2025 | 2500 | (8) | (22) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.030 | 07/07/2025 | 1200 | (4) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.125 | 07/07/2025 | 2500 | (8) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.653 | 07/14/2025 | 3000 | (9) | (13) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.053 | 07/14/2025 | 3000 | (9) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.695 | 07/17/2025 | 2400 | (7) | (17) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.095 | 07/17/2025 | 2400 | (7) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.583 | 07/23/2025 | 1200 | (4) | (5) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.933 | 07/23/2025 | 1200 | (4) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.525 | 07/28/2025 | 2200 | (7) | (7) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.875 | 07/28/2025 | 2200 | (7) | (6) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.555 | 07/30/2025 | 2100 | (7) | (9) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.905 | 07/30/2025 | 2100 | (7) | (5) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.772 | 07/10/2025 | 2400 | (8) | (23) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.122 | 07/10/2025 | 2400 | (8) | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.715 | 07/02/2025 | 2600 | (9) | (11) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.065 | 07/02/2025 | 2600 | (9) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.725 | 07/03/2025 | 2300 | (9) | (12) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.075 | 07/03/2025 | 2300 | (9) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.669 | 07/07/2025 | 2300 | (9) | (8) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.019 | 07/07/2025 | 2300 | (9) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.664 | 07/14/2025 | 3300 | (10) | (16) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.064 | 07/14/2025 | 3300 | (10) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.697 | 07/16/2025 | 2200 | (6) | (15) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.097 | 07/16/2025 | 2200 | (6) | 0 |
| NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.545 | 07/28/2025 | 3000 | (10) | (11) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.895 | 07/28/2025 | 3000 | (10) | (7) |
|  |  |  |  |  |  |  | $(551) | $(440) |
| **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** | **OPTIONS ON SECURITIES** |
| Counterparty | Description | Description | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| SAL | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Put - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | $92.469 | 07/07/2025 | 07/07/2025 | 1400 | $(8) | $0 |
|  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | Call - OTC Uniform Mortgage-Backed Security, TBA 4.500% due 07/01/2055  | 96.469 | 07/07/2025 | 07/07/2025 | 1400 | (6) | (1) |
|  |  |  |  |  |  |  | $(14) | $(1) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(602)** | $**(443)** |

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<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 3 | 5 | 66 | 78 | 87 | 105 | 117 | 150 | 167 | 173 | 191 | 217 |
| **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** | **SWAP** **AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| BRC | BRC | NextEra Energy Capital Holdings, Inc.  | 12/20/2025 | 12/20/2025 | 0.162% | 0.162% | $1000 | 22 | $(18) | (18) | $4 | $0 |
| GST | GST | Mexico Government International Bond  | 12/20/2028 | 12/20/2028 | 0.784 | 0.784 | 900 | (10) | 17 | 17 | 7 | 0 |
|  |  | Saudi Arabia Government International Bond  | 12/20/2026 | 12/20/2026 | 0.358 | 0.358 | 900 | 21 | (12) | (12) | 9 | 0 |
|  |  | Soft Bank Group,Inc.  | 06/20/2026 | 06/20/2026 | 1.490 | 1.490 | 1100 | (9) | 4 | 4 | 0 | (5) |
| JPM | JPM | Mexico Government International Bond  | 06/20/2026 | 06/20/2026 | 0.401 | 0.401 | 1600 | (12) | 22 | 22 | 10 | 0 |
| MYC | MYC | Mexico Government International Bond  | 12/20/2025 | 12/20/2025 | 0.291 | 0.291 | 300 | (4) | 5 | 5 | 1 | 0 |
|  |  | Mexico Government International Bond  | 12/20/2026 | 12/20/2026 | 0.493 | 0.493 | 4000 | 11 | 19 | 19 | 30 | 0 |
|  |  | Mexico Government International Bond  | 06/20/2027 | 06/20/2027 | 0.538 | 0.538 | 2900 | (10) | 36 | 36 | 26 | 0 |
|  |  | Mexico Government International Bond  | 06/20/2028 | 06/20/2028 | 0.674 | 0.674 | 1300 | (25) | 37 | 37 | 12 | 0 |
|  |  | Mexico Government International Bond  | 12/20/2028 | 12/20/2028 | 0.784 | 0.784 | 5400 | (57) | 97 | 97 | 40 | 0 |
|  |  |  |  |  |  |  |  | (73) | $207 | 207 | $139 | $(5) |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Index/Tranches | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Liability |
| BRC | BRC | CDX.iTraxx Japan 43 5-Year Index  | Quarterly | Quarterly | 06/20/2030 | JPY | 12300 | 2 | 0 | 0 | 2 | 0 |
| JPM | JPM | CDX.iTraxx Japan 43 5-Year Index  | Quarterly | Quarterly | 06/20/2030 |  | 42100 | 6 | (1) | (1) | 5 | 0 |
|  |  |  |  |  |  |  |  | 8 | $(1) | (1) | $7 | $0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **(65)** | $**206** | **206** | $**146** | $**(5)** |
| **(q)** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $4,706 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | $ | 7116 | $20047 | 20047 | $ | 27163 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 |  | 761819 | 2215 | 2215 |  | 764034 |  |
| Industrials | Industrials | Industrials | Industrials | 0 | 0 |  | 895332 | 8627 | 8627 |  | 903959 |  |
| Utilities | Utilities | Utilities | Utilities | 0 | 0 |  | 482778 | 0 | 0 |  | 482778 |  |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |  |
| California | California | California | California | 0 | 0 |  | 7154 | 0 | 0 |  | 7154 |  |
| Georgia | Georgia | Georgia | Georgia | 0 | 0 |  | 10064 | 0 | 0 |  | 10064 |  |
| Illinois | Illinois | Illinois | Illinois | 0 | 0 |  | 2139 | 0 | 0 |  | 2139 |  |
| Indiana | Indiana | Indiana | Indiana | 0 | 0 |  | 879 | 0 | 0 |  | 879 |  |
| Ohio | Ohio | Ohio | Ohio | 0 | 0 |  | 11851 | 0 | 0 |  | 11851 |  |
| Pennsylvania | Pennsylvania | Pennsylvania | Pennsylvania | 0 | 0 |  | 12300 | 0 | 0 |  | 12300 |  |
| Texas | Texas | Texas | Texas | 0 | 0 |  | 9916 | 0 | 0 |  | 9916 |  |
| Washington | Washington | Washington | Washington | 0 | 0 |  | 1027 | 0 | 0 |  | 1027 |  |

---

------

<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| 2 | 11 | 26 | 40 | 43 | 69 | 78 | 93 | 102 | 116 | 137 | 160 | 174 | 181 | 189 | 211 | 215 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 214199 | 214199 | 0 |  |  | 214199 |  |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 683313 | 683313 | 0 |  |  | 683313 |  |  |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 15367 | 15367 | 0 |  |  | 15367 |  |  |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |  |  |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 0 | 4840 | 4840 | 0 |  |  | 4840 |  |  |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 0 | 715 | 715 | 0 |  |  | 715 |  |  |
| Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | Home Equity Sequential | 0 | 0 | 0 | 24 | 24 | 0 |  |  | 24 |  |  |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 19881 | 19881 | 0 |  |  | 19881 |  |  |
| Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | Sovereign Issues | 0 | 0 | 0 | 142450 | 142450 | 0 |  |  | 142450 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |  |
| Financials | Financials | Financials | Financials | Financials | Financials | 0 | 0 | 0 | 0 | 0 | 11 |  |  | 11 |  |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 0 | 0 | 1408 |  |  | 1408 |  |  |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |  |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 5392 | 5392 | 5392 | 98256 | 98256 | 0 |  |  | 103648 |  |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | Industrials | 0 | 0 | 0 | 1710 | 1710 | 0 |  |  | 1710 |  |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 | 4640 | 4640 | 0 |  |  | 4640 |  |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 0 | 0 | 0 |  |  | 0 |  |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | 0 | 0 | 0 | 975 | 975 | 0 |  |  | 975 |  |  |
|  |  |  |  |  |  | $5392 | 5392 | 5392 | $3388745 | 3388745 | 32308 | $ | $ | 3426445 |  |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $191 | 191 | 191 | $0 | 0 | 0 | $ | $ | 191 |  |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $5583 | 5583 | 5583 | $3388745 | 3388745 | 32308 | $ | $ | 3426636 |  |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 150 | 150 | 150 | 7352 | 7352 | 0 |  |  | 7502 |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 4592 | 4592 | 0 |  |  | 4592 |  |  |
|  |  |  |  |  |  | $150 | 150 | 150 | $11944 | 11944 | 0 | $ | $ | 12094 |  |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | (73) | (73) | (73) | (1746) | (1746) | 0 |  |  | (1819) |  |  |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (9623) | (9623) | 0 |  |  | (9623) |  |  |
|  |  |  |  |  |  | $(73) | (73) | (73) | $(11369) | (11369) | 0 | $ | $ | (11442) |  |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $77 | 77 | 77 | $575 | 575 | 0 | $ | $ | 652 |  |  |
| Totals | Totals | Totals | Totals | Totals | Totals | $5660 | 5660 | 5660 | $3389320 | 3389320 | 32308 | $ | $ | 3427288 |  |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Purchases  | Net<br>Sales/Settlements  | Net<br>Sales/Settlements  | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | 18661 | 0 | $ | $0 | $ | 5 | $0 | $ | 1381 | $0 | $0 | 0 | $ | 20047 | $ | 1381 |
| Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Banking & Finance | 1998 | 2114 |  | (1900) |  | (1) | 0 |  | 4 | 0 | 0 | 0 |  | 2215 |  | 30 |
| Industrials | 2374 | 6700 |  | (81) |  | 0 | 0 |  | (6) | 0 | (360) | (360) |  | 8627 |  | (6) |
| Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financials | 20 | 0 |  | 0 |  | 0 | 0 |  | (9) | 0 | 0 | 0 |  | 11 |  | (8) |
| Industrials | 1752 | 0 |  | 0 |  | 0 | 0 |  | (344) | 0 | 0 | 0 |  | 1408 |  | (344) |
| Totals | 24805 | 8814 | $ | $(1981) | $ | 4 | $0 | $ | 1026 | $0 | $(360) | (360) | $ | 32308 | $ | 1053 |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | Input Value(s) | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | $15861 | 15861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 3.327 - 6.340 | 3.327 - 6.340 | 3.327 - 6.340 | 3.635 | 3.635 |
|  |  | 15 | 15 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Valuation Techniques<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp;&nbsp; - | - | - | - |  |  |
|  |  | 1991 | 1991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase Price | 100.000 | 100.000 | 100.000 |  |  |
|  |  | 2180 | 2180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 39.500 - 101.000 | 39.500 - 101.000 | 39.500 - 101.000 | 90.162 | 90.162 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | 1917 | 1917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 6.396 - 6.624 | 6.396 - 6.624 | 6.396 - 6.624 | 6.516 | 6.516 |
|  |  | 226 | 226 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recent Transaction Price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase price | &nbsp;&nbsp;&nbsp;&nbsp; Purchase price | 93.500 | 93.500 | 93.500 |  |  |
|  |  | 72 | 72 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | &nbsp;&nbsp;&nbsp;&nbsp; Expected Recovery | 6.000 | 6.000 | 6.000 |  |  |
| Industrials | Industrials | 1295 | 1295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discounted Cash Flow | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | &nbsp;&nbsp;&nbsp;&nbsp; Discount Rate | 4.944 | 4.944 | 4.944 |  |  |
|  |  | 604 | 604 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | 75.500 | 75.500 | 75.500 |  |  |
|  |  | 6728 | 6728 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy pricing | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proxy pricing | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | &nbsp;&nbsp;&nbsp;&nbsp; Base Price | 100.000 | 100.000 | 100.000 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |

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<br> Schedule of Investments PIMCO Long-Term Credit Bond Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| 1 | 3 | 26 | 41 | 108 | 174 | 211 |
| Financials | Financials | 11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $4.000 |  |
| Industrials | Industrials | 1408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | $0.625 - 20.500 | 19.237 |
| Total | Total | $32308 |  |  |  |  |
| <sup>(1)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |
| <sup>(2)</sup> | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. | Includes valuation techniques not defined in the Notes to Financial Statements as securities valued using such techniques are not considered significant to the Fund. |

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<br> Schedule of Investments PIMCO Long-Term Real Return Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 144.7% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.1%**  |  |  |
| **BANKING & FINANCE 0.1%**  |  |  |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | $12 | $11 |
| **UBS Group AG** <br>2.125% due 10/13/2026 •  | 200 | 236 |
| Total Corporate Bonds & Notes (Cost $221) |  | 247 |
| **U.S. GOVERNMENT AGENCIES 20.7%**  |  |  |
| **Freddie Mac**  |  |  |
| 0.461% due 05/15/2035 •  | $23 | 22 |
| 2.920% due 01/25/2026 | 823 | 815 |
| 4.700% due 09/25/2031 •  | 6 | 6 |
| 4.768% due 01/15/2047 •  | 798 | 777 |
| **Ginnie Mae**  |  |  |
| 3.500% due 12/20/2052 - 06/20/2055 | 19385 | 17684 |
| 5.202% due 01/20/2073 •  | 6752 | 6792 |
| 5.461% due 08/20/2068 •  | 1235 | 1241 |
| 5.462% due 11/20/2072 •  | 987 | 1004 |
| **Ginnie Mae, TBA**<br>3.500% due 07/01/2055 | 300 | 273 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 4.000% due 07/01/2049 | 296 | 280 |
| 6.000% due 03/01/2054 | 3577 | 3640 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 07/01/2055 | 5753 | 5350 |
| 4.500% due 08/01/2055 | 10300 | 9849 |
| 5.500% due 08/01/2055 | 7375 | 7368 |
| 6.000% due 08/01/2055 | 9500 | 9645 |
| 6.500% due 08/01/2055 | 9300 | 9589 |
| Total U.S. Government Agencies (Cost $73,610) |  | 74335 |
| **U.S. TREASURY OBLIGATIONS 106.1%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (c)** |  |  |
| 0.125% due 10/15/2025  | 1483 | 1478 |
| 0.125% due 01/15/2030 (h) | 374 | 353 |
| 0.125% due 02/15/2051  | 28103 | 15324 |
| 0.125% due 02/15/2052  | 26733 | 14288 |
| 0.250% due 07/15/2029 (h)(j) | 979 | 941 |
| 0.250% due 02/15/2050  | 27623 | 16061 |
| 0.625% due 07/15/2032  | 3202 | 2988 |
| 0.625% due 02/15/2043  | 30345 | 22573 |
| 0.750% due 02/15/2042 (f) | 38228 | 29711 |
| 0.750% due 02/15/2045 (f) | 47457 | 34679 |
| 0.875% due 02/15/2047  | 34004 | 24660 |
| 1.000% due 02/15/2046  | 25518 | 19353 |
| 1.000% due 02/15/2048  | 24113 | 17751 |
| 1.000% due 02/15/2049  | 22422 | 16284 |
| 1.375% due 07/15/2033 (j) | 1162 | 1129 |
| 1.375% due 02/15/2044 (f) | 42927 | 36075 |
| 1.500% due 02/15/2053  | 35933 | 28488 |
| 1.625% due 10/15/2029 (h) | 6932 | 7019 |
| 1.750% due 01/15/2034  | 2609 | 2587 |
| 1.875% due 07/15/2034 (f) | 3885 | 3890 |
| 2.125% due 02/15/2040  | 15716 | 15525 |
| 2.125% due 02/15/2041  | 23620 | 23137 |
| 2.125% due 02/15/2054 (f) | 32546 | 29810 |
| 2.375% due 02/15/2055 (f) | 16772 | 16230 |
| Total U.S. Treasury Obligations (Cost $426,554) |  | 380334 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 3.3%**  |  |  |
| **Adjustable Rate Mortgage Trust** <br>4.047% due 01/25/2036 ~ | 7 | 6 |
| **Alliance Bancorp Trust** <br>4.914% due 07/25/2037 •  | 104 | 93 |
| **Banc of America Funding Trust**  |  |  |
| 2.371% due 03/20/2036 ~  | 29 | 27 |
| 4.521% due 01/20/2047 ~  | 1320 | 1139 |
| 5.014% due 07/25/2037 •  | 556 | 533 |

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<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Banc** **of America Mortgage Trust** <br>5.545% due 11/25/2035 ~ | 5 | 4 |
| **BCAP LLC Trust** <br>4.874% due 05/25/2047 •  | 123 | 112 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.235% due 07/25/2036 ~  | 10 | 8 |
| 4.521% due 02/25/2036 ~  | 4 | 4 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.328% due 09/25/2047 ~  | 1620 | 787 |
| 4.905% due 09/25/2035 ~  | 125 | 72 |
| **BX Trust** <br>5.061% due 04/15/2039 •  | 2424 | 2422 |
| **CIM Trust** <br>5.420% due 02/25/2049 •  | 14 | 13 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.742% due 03/25/2037 ~  | 102 | 87 |
| 6.490% due 05/25/2035 •  | 3 | 3 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 4.251% due 12/25/2035 ~  | 128 | 79 |
| 5.830% due 09/25/2035 •  | 1 | 1 |
| **Countrywide Alternative Loan Trust**  |  |  |
| 4.819% due 02/25/2037 ~  | 46 | 41 |
| 5.399% due 12/25/2035 •  | 79 | 67 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 6.000% due 03/25/2037  | 790 | 351 |
| 7.210% due 02/20/2036 •  | 27 | 25 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>6.421% due 10/25/2037 ~ | 483 | 281 |
| **DSLA Mortgage Loan Trust** <br>4.952% due 08/19/2045 •  | 40 | 36 |
| **First Horizon Alternative Mortgage Securities Trust** <br>6.000% due 02/25/2037 | 24 | 9 |
| **GMACM Mortgage Loan Trust** <br>3.846% due 11/19/2035 ~ | 25 | 22 |
| **IndyMac INDA Mortgage Loan Trust** <br>4.170% due 12/25/2036 ~ | 417 | 323 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.809% due 12/15/2031 •  | 221 | 220 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.094% due 09/25/2029 •  | 6 | 6 |
| **MortgageIT Securities Corp. Mortgage Loan Trust** <br>4.934% due 09/25/2037 •  | 281 | 213 |
| **New Residential Mortgage Loan Trust** <br>4.500% due 05/25/2058 ~ | 131 | 128 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.794% due 06/25/2046 •  | 149 | 32 |
| 5.397% due 10/25/2037 ~  | 158 | 127 |
| **Residential Asset Securitization Trust**  |  |  |
| 4.834% due 05/25/2035 •  | 154 | 93 |
| 5.750% due 02/25/2036  | 793 | 543 |
| 5.750% due 03/25/2037  | 106 | 31 |
| 6.500% due 06/25/2037  | 3319 | 649 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>4.972% due 07/25/2035 ~ | 36 | 32 |
| **Structured Asset Mortgage Investments Trust** <br>4.854% due 04/25/2036 •  | 2 | 2 |
| **Thornburg Mortgage Securities Trust** <br>5.174% due 09/25/2034 •  | 42 | 39 |
| **Towd Point Mortgage Trust** <br>5.434% due 05/25/2058 •  | 38 | 39 |
| **Wachovia Mortgage Loan Trust LLC** <br>7.444% due 10/20/2035 ~ | 16 | 15 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.579% due 08/25/2036 ~  | 25 | 22 |
| 4.866% due 11/25/2036 ~  | 406 | 357 |
| 4.974% due 12/25/2045 •  | 32 | 29 |
| 6.526% due 09/25/2033 ~  | 16 | 16 |
| **Washington Mutual Mortgage Pass-Through Certificates Trust**  |  |  |
| 6.000% due 06/25/2037  | 2333 | 1805 |
| 6.500% due 08/25/2035  | 9 | 8 |
| **Wells Fargo Mortgage-Backed Securities Trust**  |  |  |
| 6.140% due 04/25/2036 ~  | 720 | 714 |
| 6.678% due 11/25/2037 ~  | 30 | 28 |
| Total Non-Agency Mortgage-Backed Securities (Cost $14,715) |  | 11693 |
| **ASSET-BACKED SECURITIES 7.9%**  |  |  |
| **CMBS OTHER 2.8%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.**  |  |  |
| 5.496% due 08/15/2034 •  | 692 | 692 |
| 5.776% due 11/15/2036 •  | 2177 | 2182 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 2737 | 2739 |
| **MF1 Ltd.** <br>5.509% due 10/16/2036 •  | 2908 | 2908 |

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<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Starwood** **Commercial Mortgage Trust** <br>5.629% due 04/18/2038 •  | 1565 | 1560 |
|  |  | 10081 |
| **HOME EQUITY OTHER 3.3%**  |  |  |
| **ACE Securities Corp. Home Equity Loan Trust** <br>4.554% due 10/25/2036 •  | 21 | 8 |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates** <br>3.031% due 06/25/2033 •  | 814 | 771 |
| **CIT Mortgage Loan Trust** <br>6.684% due 10/25/2037 •  | 2003 | 2024 |
| **Citigroup Mortgage Loan Trust** <br>4.894% due 12/25/2036 •  | 66 | 44 |
| **Countrywide Asset-Backed Certificates** <br>4.934% due 03/25/2037 •  | 72 | 71 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 4.574% due 07/25/2037 •  | 11 | 10 |
| 4.624% due 11/25/2037 •  | 725 | 690 |
| 4.684% due 02/25/2036 •  | 1188 | 1147 |
| 4.714% due 05/25/2035 •  | 10 | 9 |
| 5.174% due 08/25/2047 •  | 101 | 99 |
| **Credit-Based Asset Servicing & Securitization LLC** <br>4.654% due 07/25/2037 •  | 404 | 266 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>4.554% due 11/25/2036 •  | 15 | 7 |
| **Ellington Loan Acquisition Trust** <br>5.534% due 05/25/2037 •  | 473 | 463 |
| **Fremont Home Loan Trust** <br>4.704% due 10/25/2036 •  | 36 | 33 |
| **GSAA Trust** <br>6.720% due 03/25/2046 þ | 175 | 93 |
| **GSAMP Trust** <br>5.409% due 03/25/2035 •  | 185 | 177 |
| **Home Equity Asset Trust**  |  |  |
| 5.109% due 02/25/2036 •  | 1079 | 1059 |
| 5.289% due 08/25/2034 •  | 7 | 7 |
| **Home Equity Mortgage Loan Asset-Backed Trust** <br>4.654% due 04/25/2037 •  | 68 | 53 |
| **JP Morgan Mortgage Acquisition Corp.** <br>4.944% due 02/25/2036 •  | 466 | 462 |
| **JP Morgan Mortgage Acquisition Trust** <br>4.644% due 10/25/2036 •  | 8 | 8 |
| **Long Beach Mortgage Loan Trust** <br>4.674% due 08/25/2036 •  | 83 | 33 |
| **MASTR Specialized Loan Trust** <br>3.472% due 07/25/2035 •  | 824 | 937 |
| **Morgan Stanley ABS Capital, Inc. Trust** <br>4.564% due 10/25/2036 •  | 73 | 65 |
| **Morgan Stanley Mortgage Loan Trust** <br>5.960% due 11/25/2036 •  | 597 | 221 |
| **Option One Mortgage Loan Trust** <br>5.214% due 02/25/2035 •  | 204 | 195 |
| **Renaissance Home Equity Loan Trust** <br>5.534% due 09/25/2037 •  | 381 | 155 |
| **Saxon Asset Securities Trust** <br>4.869% due 09/25/2036 •  | 2256 | 2146 |
| **Soundview Home Loan Trust**  |  |  |
| 4.554% due 11/25/2036 •  | 255 | 69 |
| 4.614% due 07/25/2037 •  | 126 | 113 |
| 4.634% due 06/25/2037 •  | 296 | 201 |
| 4.994% due 05/25/2036 •  | 63 | 61 |
|  |  | 11697 |
| **WHOLE LOAN COLLATERAL 0.2%**  |  |  |
| **Citigroup Mortgage Loan Trust, Inc.** <br>4.929% due 10/25/2036 •  | 300 | 295 |
| **IndyMac INDB Mortgage Loan Trust** <br>4.574% due 07/25/2036 •  | 89 | 28 |
| **Lehman XS Trust**  |  |  |
| 4.702% due 06/25/2036 þ | 36 | 35 |
| 6.734% due 12/25/2037 •  | 504 | 492 |
|  |  | 850 |
| **OTHER ABS 1.6%**  |  |  |
| **Avoca Static CLO DAC** <br>3.249% due 01/15/2035 •  | 1665 | 1961 |
| **Barings CLO Ltd.** <br>5.468% due 04/15/2031 •  | $1305 | 1306 |
| **LCM Loan Income Fund Ltd.** <br>5.561% due 04/20/2031 •  | 385 | 385 |
| **Man GLG Euro CLO DAC** <br>2.665% due 12/15/2031 •  | 609 | 715 |

---

------

<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **TIAA** **CLO Ltd.** <br>5.409% due 01/20/2032 •  | $1199 | 1200 |
|  |  | 5567 |
| Total Asset-Backed Securities (Cost $28,285) |  | 28195 |
| **SOVEREIGN ISSUES 6.4%**  |  |  |
| **Canada Government Bond** <br>4.250% due 12/01/2026 (c) | 930 | 719 |
| **Italy Buoni Poliennali Del Tesoro**  |  |  |
| 0.400% due 05/15/2030 (c)  | 248 | 284 |
| 0.650% due 05/15/2026 (c)  | 4879 | 5717 |
| 1.300% due 05/15/2028 (c)  | 5364 | 6414 |
| 1.800% due 05/15/2036 (c)  | 103 | 122 |
| **Japan Government International Bond**  |  |  |
| 0.100% due 03/10/2028 (c)  | 194327 | 1397 |
| 0.100% due 03/10/2029 (c)  | 1124444 | 8121 |
| **Mexican Udibonos** <br>4.000% due 08/24/2034 (c) | 825 | 41 |
| Total Sovereign Issues (Cost $23,647) |  | 22815 |
|  | SHARES |  |
| **PREFERRED SECURITIES 0.0%**  |  |  |
| **BANKING & FINANCE 0.0%**  |  |  |
| **Bank of America Corp.**<br>5.875% due 03/15/2028 •(d) | 160000 | 162 |
| Total Preferred Securities (Cost $160) |  | 162 |
| **SHORT-TERM INSTRUMENTS 0.2%**  |  |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (e) | 578646 | 579 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.323% due 07/10/2025 (a)(b)(j) | $263 | 263 |
| Total Short-Term Instruments (Cost $842) |  | 842 |
| Total Investments in Securities (Cost $568,034) |  | 518623 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 2.7%**  |  |  |
| **SHORT-TERM INSTRUMENTS 2.7%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 2.7%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 986482 | 9605 |
| Total Short-Term Instruments (Cost $9,604) |  | 9605 |
| Total Investments in Affiliates (Cost $9,604) |  | 9605 |
| Total Investments 147.4% (Cost $577,638) |  | $528228 |
| **Financial Derivative Instruments (g)(i) (0.5)**%(Cost or Premiums, net $(1337)) |  | (1725) |
| Other Assets and Liabilities, net (46.9)% |  | (168160) |
| Net Assets 100.0% |  | $358343 |

---

------

<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(b)** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** | **Coupon represents a yield to maturity.** |
| **(c)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(d)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(e)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Settlement Date | Maturity Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOS | BOS | BOS | 4.200%  | 06/24/2025 | 06/24/2025 | 07/02/2025 | 07/02/2025 | 07/02/2025 | (11117) | (11117) | $(11125) | (11125) |
| BSN | BSN | BSN | 4.450  | 06/09/2025 | 06/09/2025 | 07/14/2025 | 07/14/2025 | 07/14/2025 | (21811) | (21811) | (21871) | (21871) |
|  |  |  | 4.450  | 06/13/2025 | 06/13/2025 | 07/14/2025 | 07/14/2025 | 07/14/2025 | (69326) | (69326) | (69480) | (69480) |
|  |  |  | 4.450  | 06/20/2025 | 06/20/2025 | 07/14/2025 | 07/14/2025 | 07/14/2025 | (29155) | (29155) | (29195) | (29195) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  |  |  |  | $**(131671)** | **(131671)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Maturity<br>Date | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% | U.S. Government Agencies (2.1)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ginnie Mae, TBA  | 07/01/2055 | 07/01/2055 | $ | 8300 | $(7405) | (7405) | $(7547) |
| **Total Short Sales (2.1)%** | **Total Short Sales (2.1)%** | **Total Short Sales (2.1)%** | **Total Short Sales (2.1)%** | **Total Short Sales (2.1)%** | **Total Short Sales (2.1)%** |  |  |  |  | $**(7405)** | **(7405)** | $**(7547)** |
| **(f)** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $133,994 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(143110) at a weighted average interest rate of 4.434%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset |  | Liability |
| 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 09/2026 | 09/2026 | 285 | $82389 | 82389 | $189 | 189 | 189 | 13 | $ | (38) |
| Aluminum July Futures  | Aluminum July Futures  | 07/2025 | 07/2025 | 7 | 455 | 455 | 19 | 19 | 19 | 0 |  | 0 |
| Aluminum September Futures  | Aluminum September Futures  | 09/2025 | 09/2025 | 3 | 195 | 195 | 6 | 6 | 6 | 0 |  | (3) |
| Arabica Coffee December Futures  | Arabica Coffee December Futures  | 12/2025 | 12/2025 | 1 | 110 | 110 | (15) | (15) | (15) | 0 |  | (1) |
| Australia Government 10-Year Bond September Futures  | Australia Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 66 | 4979 | 4979 | 40 | 40 | 40 | 0 |  | (23) |
| Brent Crude March Futures  | Brent Crude March Futures  | 01/2026 | 01/2026 | 1 | 65 | 65 | (1) | (1) | (1) | 0 |  | 0 |
| Copper September Futures  | Copper September Futures  | 09/2025 | 09/2025 | 1 | 127 | 127 | 4 | 4 | 4 | 0 |  | (1) |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 48 | 6654 | 6654 | (31) | (31) | (31) | 5 |  | (29) |
| Euro-BTP September Futures  | Euro-BTP September Futures  | 09/2025 | 09/2025 | 67 | 9550 | 9550 | 27 | 27 | 27 | 15 |  | (18) |
| Euro-Buxl 30-Year Bond September Futures  | Euro-Buxl 30-Year Bond September Futures  | 09/2025 | 09/2025 | 16 | 2238 | 2238 | (42) | (42) | (42) | 0 |  | (7) |
| Gas Oil December Futures  | Gas Oil December Futures  | 12/2025 | 12/2025 | 1 | 63 | 63 | 3 | 3 | 3 | 0 |  | 0 |
| Gold 100 oz. December Futures  | Gold 100 oz. December Futures  | 12/2025 | 12/2025 | 1 | 336 | 336 | (2) | (2) | (2) | 2 |  | 0 |
| Iron Ore September Futures  | Iron Ore September Futures  | 09/2025 | 09/2025 | 6 | 56 | 56 | 0 | 0 | 0 | 0 |  | 0 |
| Japan Government 10-Year Bond September Futures  | Japan Government 10-Year Bond September Futures  | 09/2025 | 09/2025 | 1 | 965 | 965 | 3 | 3 | 3 | 0 |  | (1) |
| Lead July Futures  | Lead July Futures  | 07/2025 | 07/2025 | 3 | 152 | 152 | 5 | 5 | 5 | 0 |  | 0 |
| Lead September Futures  | Lead September Futures  | 09/2025 | 09/2025 | 1 | 51 | 51 | 2 | 2 | 2 | 0 |  | (3) |
| Live Cattle October Futures  | Live Cattle October Futures  | 10/2025 | 10/2025 | 3 | 252 | 252 | 0 | 0 | 0 | 0 |  | 0 |

---

------

<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| New York Harbor December Futures  | New York Harbor December Futures  | New York Harbor December Futures  | 11/2025 | 11/2025 | 1 | 92 | 6 | 6 | 6 | 1 | 1 | 1 | 0 |
| Nickel July Futures  | Nickel July Futures  | Nickel July Futures  | 07/2025 | 07/2025 | 1 | 90 | (4) | (4) | (4) | 0 | 0 | 0 | 0 |
| Platinum October Futures  | Platinum October Futures  | Platinum October Futures  | 10/2025 | 10/2025 | 2 | 134 | 10 | 10 | 10 | 0 | 0 | 0 | (1) |
| RBOB Gasoline December Futures  | RBOB Gasoline December Futures  | RBOB Gasoline December Futures  | 11/2025 | 11/2025 | 1 | 76 | 3 | 3 | 3 | 0 | 0 | 0 | 0 |
| Silver September Futures  | Silver September Futures  | Silver September Futures  | 09/2025 | 09/2025 | 1 | 181 | 14 | 14 | 14 | 0 | 0 | 0 | (1) |
| Soybean Meal December Futures  | Soybean Meal December Futures  | Soybean Meal December Futures  | 12/2025 | 12/2025 | 11 | 318 | (17) | (17) | (17) | 1 | 1 | 1 | 0 |
| Soybean November Futures  | Soybean November Futures  | Soybean November Futures  | 11/2025 | 11/2025 | 3 | 154 | (1) | (1) | (1) | 0 | 0 | 0 | 0 |
| Soybean Oil January Futures  | Soybean Oil January Futures  | Soybean Oil January Futures  | 01/2026 | 01/2026 | 1 | 32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 124 | 14169 | 286 | 286 | 286 | 60 | 60 | 60 | 0 |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 100 | 11913 | 540 | 540 | 540 | 134 | 134 | 134 | 0 |
| WTI Crude December Futures  | WTI Crude December Futures  | WTI Crude December Futures  | 11/2025 | 11/2025 | 1 | 62 | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
| Zinc July Futures  | Zinc July Futures  | Zinc July Futures  | 07/2025 | 07/2025 | 3 | 206 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | 09/2025 | 09/2025 | 2 | 138 | 3 | 3 | 3 | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  | 1049 | 1049 | $ | 231 | 231 | $ | (126) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> | <u>Variation Margin</u><sup>(1)</sup> |
| Description | Description |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 3-Month EURIBOR September Futures  | 09/2025 | 09/2025 | 285 | (82343) | $(151) | (151) | (151) | 21 | 21 | 21 | (4) |
| Aluminum July Futures  | Aluminum July Futures  | Aluminum July Futures  | 07/2025 | 07/2025 | 7 | (455) | (20) | (20) | (20) | 0 | 0 | 0 | 0 |
| Aluminum September Futures  | Aluminum September Futures  | Aluminum September Futures  | 09/2025 | 09/2025 | 4 | (260) | (11) | (11) | (11) | 0 | 0 | 0 | (3) |
| Corn December Futures  | Corn December Futures  | Corn December Futures  | 12/2025 | 12/2025 | 7 | (149) | 6 | 6 | 6 | 1 | 1 | 1 | 0 |
| Corn September Futures  | Corn September Futures  | Corn September Futures  | 09/2025 | 09/2025 | 14 | (286) | 14 | 14 | 14 | 2 | 2 | 2 | 0 |
| Cotton No. 2 December Futures  | Cotton No. 2 December Futures  | Cotton No. 2 December Futures  | 12/2025 | 12/2025 | 4 | (136) | 1 | 1 | 1 | 2 | 2 | 2 | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 122 | (18704) | 136 | 136 | 136 | 53 | 53 | 53 | (4) |
| Euro-Oat September Futures  | Euro-Oat September Futures  | Euro-Oat September Futures  | 09/2025 | 09/2025 | 99 | (14442) | 109 | 109 | 109 | 31 | 31 | 31 | (7) |
| Euro-Schatz September Futures  | Euro-Schatz September Futures  | Euro-Schatz September Futures  | 09/2025 | 09/2025 | 21 | (2653) | 5 | 5 | 5 | 2 | 2 | 2 | (1) |
| Hard Red Winter Wheat December Futures  | Hard Red Winter Wheat December Futures  | Hard Red Winter Wheat December Futures  | 12/2025 | 12/2025 | 2 | (55) | 4 | 4 | 4 | 1 | 1 | 1 | 0 |
| Hard Red Winter Wheat September Futures  | Hard Red Winter Wheat September Futures  | Hard Red Winter Wheat September Futures  | 09/2025 | 09/2025 | 2 | (53) | 3 | 3 | 3 | 1 | 1 | 1 | 0 |
| Lead July Futures  | Lead July Futures  | Lead July Futures  | 07/2025 | 07/2025 | 3 | (152) | (4) | (4) | (4) | 0 | 0 | 0 | 0 |
| Lead September Futures  | Lead September Futures  | Lead September Futures  | 09/2025 | 09/2025 | 3 | (153) | (6) | (6) | (6) | 0 | 0 | 0 | (3) |
| Lean Hogs October Futures  | Lean Hogs October Futures  | Lean Hogs October Futures  | 10/2025 | 10/2025 | 3 | (111) | 0 | 0 | 0 | 3 | 3 | 3 | 0 |
| Natural Gas January Futures  | Natural Gas January Futures  | Natural Gas January Futures  | 12/2025 | 12/2025 | 1 | (49) | 1 | 1 | 1 | 2 | 2 | 2 | 0 |
| Natural Gas September Futures  | Natural Gas September Futures  | Natural Gas September Futures  | 08/2025 | 08/2025 | 6 | (209) | 15 | 15 | 15 | 16 | 16 | 16 | 0 |
| Nickel July Futures  | Nickel July Futures  | Nickel July Futures  | 07/2025 | 07/2025 | 1 | (90) | 8 | 8 | 8 | 0 | 0 | 0 | 0 |
| Nickel September Futures  | Nickel September Futures  | Nickel September Futures  | 09/2025 | 09/2025 | 1 | (91) | 2 | 2 | 2 | 2 | 2 | 2 | 0 |
| Soybean January Futures  | Soybean January Futures  | Soybean January Futures  | 01/2026 | 01/2026 | 2 | (104) | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Soybean Meal January Futures  | Soybean Meal January Futures  | Soybean Meal January Futures  | 01/2026 | 01/2026 | 2 | (59) | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
| Soybean Oil December Futures  | Soybean Oil December Futures  | Soybean Oil December Futures  | 12/2025 | 12/2025 | 1 | (32) | (3) | (3) | (3) | 0 | 0 | 0 | 0 |
| Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | Sugar No. 11 March Futures  | 02/2026 | 02/2026 | 2 | (38) | 0 | 0 | 0 | 1 | 1 | 1 | 0 |
| Sugar No. 11 October Futures  | Sugar No. 11 October Futures  | Sugar No. 11 October Futures  | 09/2025 | 09/2025 | 3 | (54) | 4 | 4 | 4 | 2 | 2 | 2 | 0 |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 259 | (53878) | (208) | (208) | (208) | 0 | 0 | 0 | (14) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 26 | (2834) | (31) | (31) | (31) | 0 | 0 | 0 | (4) |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 118 | (13231) | (168) | (168) | (168) | 0 | 0 | 0 | (37) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 09/2025 | 156 | (18013) | (788) | (788) | (788) | 0 | 0 | 0 | (156) |
| United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | United Kingdom Long Gilt September Futures  | 09/2025 | 09/2025 | 20 | (2554) | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Wheat December Futures  | Wheat December Futures  | Wheat December Futures  | 12/2025 | 12/2025 | 1 | (28) | 2 | 2 | 2 | 0 | 0 | 0 | 0 |
| Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | 09/2025 | 09/2025 | 4 | (108) | 2 | 2 | 2 | 1 | 1 | 1 | 0 |
| Wheat September Futures  | Wheat September Futures  | Wheat September Futures  | 09/2025 | 09/2025 | 4 | (46) | 6 | 6 | 6 | 0 | 0 | 0 | 0 |
| White Sugar October Futures  | White Sugar October Futures  | White Sugar October Futures  | 09/2025 | 09/2025 | 1 | (23) | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Zinc July Futures  | Zinc July Futures  | Zinc July Futures  | 07/2025 | 07/2025 | 3 | (206) | (3) | (3) | (3) | 0 | 0 | 0 | 0 |
| Zinc September Futures  | Zinc September Futures  | Zinc September Futures  | 09/2025 | 09/2025 | 2 | (138) | (2) | (2) | (2) | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  | (1072) | (1072) | $ | 142 | 142 | $ | (233) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **(23)** | **(23)** | **$** | **373** | **373** | **$** | **(359)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | Annual | 03/19/2030 | 03/19/2030 | GBP | 19500 | $(354) | 112 | $(242) | (242) | (242) | $0 | 0 | $(1) |
| Receive | Semi-Annual | 09/20/2027 | 09/20/2027 | JPY | 64000 | (1) | 6 | 5 | 5 | 5 | 0 | 0 | 0 |
| Receive | Semi-Annual | 03/20/2028 | 03/20/2028 |  | 60000 | (1) | 7 | 6 | 6 | 6 | 0 | 0 | 0 |
| Receive | Annual | 09/14/2028 | 09/14/2028 |  | 590000 | (7) | 36 | 29 | 29 | 29 | 2 | 2 | 0 |
| Receive | Semi-Annual | 03/20/2029 | 03/20/2029 |  | 274770 | (15) | 47 | 32 | 32 | 32 | 1 | 1 | 0 |

---

------

<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | 1-Day JPY-MUTKCALM Compounded-OIS | 0.500 | Annual | 12/15/2031 | 420000 | 8 | 80 | 88 | 4 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.250 | Annual | 12/20/2025 | $20490 | 136 | (120) | 16 | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.300 | Semi-Annual | 11/15/2028 | 1240 | (16) | (42) | (58) | 1 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.340 | Semi-Annual | 11/21/2028 | 9100 | (115) | (295) | (410) | 8 | 0 |
| Receive<sup>(2)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 11692 | (12) | (167) | (179) | 0 | (30) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 3.085 | Annual | 02/13/2034 | 2700 | (25) | (95) | (120) | 9 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | 03/19/2035 | 2000 | 139 | (63) | 76 | 0 | (8) |
| Receive<sup>(2)</sup> | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | 11/15/2052 | 5270 | (41) | (107) | (148) | 0 | (42) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.285 | Semi-Annual | 11/15/2053 | 1000 | 63 | 269 | 332 | 0 | (6) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.237 | Semi-Annual | 11/21/2053 | 1130 | 70 | 314 | 384 | 0 | (7) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.865 | Annual | 02/13/2054 | 9500 | 182 | 1606 | 1788 | 0 | (65) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 06/20/2054 | 2300 | 61 | 111 | 172 | 0 | (18) |
| Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.112 | Annual | 09/02/2027 | 3500 | 0 | (10) | (10) | 1 | 0 |
| Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.120 | Annual | 09/03/2027 | 19500 | 0 | (57) | (57) | 8 | 0 |
| Pay<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2035 | 41200 | (1699) | 122 | (1577) | 0 | (83) |
| Receive | 6-Month EUR-EURIBOR | 0.190 | Annual | 11/04/2052 | 2100 | 130 | 1107 | 1237 | 6 | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.195 | Annual | 11/04/2052 | 2200 | 1 | 1292 | 1293 | 6 | 0 |
| Receive | 6-Month EUR-EURIBOR | 0.197 | Annual | 11/08/2052 | 3860 | 241 | 2026 | 2267 | 11 | 0 |
| Receive<sup>(2)</sup> | 6-Month EUR-EURIBOR | 2.250 | Annual | 09/17/2055 | 8190 | 646 | 357 | 1003 | 31 | 0 |
| Receive | CPTFEMU | 2.975 | Maturity | 08/15/2027 | 2100 | 8 | (33) | (25) | 1 | 0 |
| Pay | CPTFEMU | 1.380 | Maturity | 03/15/2031 | 540 | (5) | (111) | (116) | 0 | 0 |
| Receive | CPTFEMU | 2.600 | Maturity | 05/15/2032 | 340 | 0 | 1 | 1 | 0 | 0 |
| Receive | CPTFEMU | 2.049 | Maturity | 08/15/2034 | 2600 | (1) | (21) | (22) | 3 | 0 |
| Receive | CPTFEMU | 2.034 | Maturity | 09/15/2034 | 1800 | (6) | (6) | (12) | 2 | 0 |
| Pay | CPTFEMU | 2.487 | Maturity | 05/15/2037 | 40 | 0 | 0 | 0 | 0 | 0 |
| Pay | CPTFEMU | 2.580 | Maturity | 03/15/2052 | 300 | 0 | 10 | 10 | 0 | 0 |
| Pay | CPTFEMU | 2.590 | Maturity | 03/15/2052 | 900 | (7) | 41 | 34 | 1 | 0 |
| Pay | CPTFEMU | 2.421 | Maturity | 05/15/2052 | 80 | 0 | 0 | 0 | 0 | 0 |
| Pay | CPTFEMU | 2.590 | Maturity | 12/15/2052 | 900 | 0 | 94 | 94 | 0 | 0 |
| Pay | CPTFEMU | 2.700 | Maturity | 04/15/2053 | 800 | 5 | 118 | 123 | 0 | 0 |
| Pay | CPTFEMU | 2.763 | Maturity | 09/15/2053 | 600 | 3 | 104 | 107 | 0 | 0 |
| Pay | CPTFEMU | 2.682 | Maturity | 10/15/2053 | 300 | 0 | 45 | 45 | 0 | 0 |
| Pay | CPTFEMU | 2.736 | Maturity | 10/15/2053 | 400 | 4 | 63 | 67 | 0 | 0 |
| Receive | CPURNSA | 2.703 | Maturity | 05/25/2026 | $4110 | 1 | 406 | 407 | 1 | 0 |
| Pay | CPURNSA | 1.997 | Maturity | 07/25/2029 | 2300 | 2 | (342) | (340) | 0 | (1) |
| Pay | CPURNSA | 1.882 | Maturity | 11/20/2029 | 9400 | 10 | (1532) | (1522) | 0 | (3) |
| Receive | CPURNSA | 2.311 | Maturity | 02/24/2031 | 3700 | 4 | 448 | 452 | 2 | 0 |
| Receive | CPURNSA | 2.668 | Maturity | 05/14/2031 | 5000 | 0 | 404 | 404 | 2 | 0 |
| Pay | UKRPI | 3.500 | Maturity | 08/15/2034 | 1900 | 11 | 37 | 48 | 13 | 0 |
| Pay | UKRPI | 3.466 | Maturity | 09/15/2034 | 800 | 0 | 16 | 16 | 5 | 0 |

---

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(580)** | $**6278** | **6278** | $**5698** | $**119** | **119** | $**(264)** |
| **(h)** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $2,921 and cash of $1,745 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. | Unsettled variation margin asset of $7 for closed futures is outstanding at period end. |
| <sup>(2)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 1965 | 1965 | $273 | 273 | 273 | 0 | 0 | $(2) | (2) |
|  |  | 07/2025  | $1869 | 1869 | 2877 | 2877 | 2877 | 25 | 25 | 0 | 0 |
|  |  | 07/2025  | 74 | 74 | 123 | 123 | 123 | 1 | 1 | 0 | 0 |
|  |  | 08/2025  | 2877 | 2877 | $1870 | 1870 | 1870 | 0 | 0 | (25) | (25) |
|  |  | 08/2025  | 5108 | 5108 | 713 | 713 | 713 | 0 | 0 | (4) | (4) |
|  |  | 08/2025  | 123 | 123 | 74 | 74 | 74 | 0 | 0 | (1) | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 110 | 110 | 72 | 72 | 72 | 0 | 0 | (1) | (1) |
|  |  | 07/2025  | 13221 | 13221 | 15033 | 15033 | 15033 | 0 | 0 | (541) | (541) |
|  |  | 07/2025  | 299260 | 299260 | 219 | 219 | 219 | 0 | 0 | (2) | (2) |
|  |  | 07/2025  | $203 | 203 | 3314013 | 3314013 | 3314013 | 1 | 1 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 07/2025  | 95 | 122 | 1 | 0 |
|  | 08/2025  | 1452 | $203 | 0 | (1) |
|  | 08/2025  | 122 | 95 | 0 | (1) |
|  | 08/2025  | 83 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 1225 | 224 | 0 | (1) |
|  | 07/2025  | 227 | 7 | 0 | 0 |
|  | 07/2025  | 16770 | 516 | 0 | (61) |
|  | 07/2025  | $220 | 1225 | 5 | 0 |
|  | 07/2025  | 180 | 159 | 7 | 0 |
|  | 07/2025  | 410 | 6692813 | 2 | 0 |
|  | 07/2025  | 30 | 983 | 0 | 0 |
|  | 07/2025  | 132 | 3918 | 3 | 0 |
|  | 08/2025  | 2782 | $390 | 0 | (1) |
|  | 08/2025  | 13957 | 428 | 0 | (57) |
|  | 08/2025  | $268 | 23252 | 3 | 0 |
|  | 08/2025  | 514 | 15287 | 17 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 284 | $325 | 0 | (9) |
|  | 07/2025  | 1017 | 1384 | 0 | (12) |
|  | 07/2025  | 2127 | 611 | 0 | (20) |
|  | 07/2025  | 35009 | 26 | 0 | 0 |
|  | 07/2025  | 99 | 26 | 0 | (1) |
|  | 07/2025  | $303 | 1023 | 1 | 0 |
|  | 07/2025  | 332 | 5998 | 6 | 0 |
|  | 08/2025  | 1384 | 1017 | 12 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 23500 | $165 | 2 | 0 |
|  | 07/2025  | 2258000 | 1648 | 0 | (23) |
|  | 07/2025  | 11899 | 358 | 0 | (8) |
|  | 07/2025  | 28984 | 891 | 0 | (107) |
|  | 07/2025  | $204 | 174 | 1 | 0 |
|  | 07/2025  | 171 | 2786262 | 1 | 0 |
|  | 07/2025  | 263 | 7803 | 5 | 0 |
|  | 08/2025  | 625 | $87 | 0 | (1) |
|  | 08/2025  | 33334 | 1027 | 0 | (132) |
|  | 08/2025  | $2003 | 172654 | 8 | (1) |
|  | 09/2025  | 952 | $50 | 0 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 1033 | 298 | 0 | (9) |
|  | 07/2025  | 40909 | 30 | 0 | 0 |
|  | 07/2025  | 13 | 10 | 0 | 0 |
|  | 07/2025  | $15206 | 13107 | 234 | 0 |
|  | 07/2025  | 28 | 452698 | 0 | 0 |
|  | 07/2025  | 63 | 1884 | 2 | 0 |
|  | 08/2025  | 13078 | $15205 | 0 | (234) |
|  | 08/2025  | $928 | 80119 | 4 | 0 |
|  | 08/2025  | 277 | 8821 | 30 | 0 |
|  | 09/2025  | 10 | $1 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 2767 | 1785 | 0 | (36) |
|  | 07/2025  | 19075 | 3453 | 0 | (57) |
|  | 07/2025  | 738 | 896 | 0 | (34) |
|  | 07/2025  | 1000 | 139 | 0 | (1) |
|  | 07/2025  | 1102505 | 7685 | 29 | 0 |
|  | 07/2025  | 32 | 25 | 0 | 0 |
|  | 07/2025  | $3365 | 19075 | 146 | 0 |
|  | 07/2025  | 921 | 737 | 8 | 0 |
|  | 07/2025  | 4411 | 642022 | 48 | 0 |
|  | 07/2025  | 822 | 3032 | 19 | 0 |
|  | 07/2025  | 76 | 97 | 0 | 0 |
|  | 08/2025  | 734 | $921 | 0 | (8) |
|  | 08/2025  | 2937 | 410 | 0 | (1) |
|  | 08/2025  | 639661 | 4411 | 0 | (48) |
|  | 08/2025  | 112 | 88 | 0 | 0 |
|  | 08/2025  | $444 | 38372 | 3 | 0 |
|  | 09/2025  | 3453 | 19367 | 57 | 0 |
|  | 09/2025  | 426 | 8288 | 13 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 2831 | $87 | 0 | (10) |
|  | 07/2025  | $40 | 659638 | 0 | 0 |
|  | 07/2025  | 30 | 38 | 0 | 0 |
|  | 07/2025  | 13 | 413 | 2 | 0 |
|  | 08/2025  | 38 | $30 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 2214 | 406 | 0 | (2) |
|  | 07/2025  | 1894 | 262 | 0 | (2) |
|  | 07/2025  | 208341 | 152 | 0 | (2) |
|  | 07/2025  | 123 | 73 | 0 | (2) |
|  | 07/2025  | 1067 | 284 | 0 | (12) |
|  | 07/2025  | 840 | 654 | 0 | (7) |
|  | 07/2025  | 16975 | 522 | 0 | (62) |
|  | 07/2025  | $378 | 2213 | 29 | 0 |
|  | 07/2025  | 1480 | 5469 | 37 | 0 |
|  | 07/2025  | 62 | 80 | 0 | 0 |
|  | 07/2025  | 95 | 1701 | 1 | 0 |
|  | 08/2025  | 4769 | $665 | 0 | (4) |
|  | 08/2025  | 80 | 62 | 0 | 0 |
|  | 08/2025  | 17842 | 547 | 0 | (73) |
|  | 08/2025  | $204 | 174 | 1 | 0 |
|  | 08/2025  | 299 | 25934 | 3 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 4944 | $3600 | 0 | (31) |
|  | 07/2025  | 908 | 126 | 0 | (1) |

---

------

<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | 07/2025  | 07/2025  | JPY | 50357 |  | 350 | 350 | 350 |  | 1 | 1 | 1 |  | 0 |
|  |  |  | 07/2025  | 07/2025  | PLN | 763 |  | 204 | 204 | 204 |  | 0 | 0 | 0 |  | (8) |
|  |  |  | 07/2025  | 07/2025  | SGD | 2017 |  | 1572 | 1572 | 1572 |  | 0 | 0 | 0 |  | (14) |
|  |  |  | 07/2025  | 07/2025  | THB | 5973 |  | 180 | 180 | 180 |  | 0 | 0 | 0 |  | (3) |
|  |  |  | 07/2025  | 07/2025  | TWD | 8189 |  | 251 | 251 | 251 |  | 0 | 0 | 0 |  | (31) |
|  |  |  | 07/2025  | 07/2025  | $ | 3598 | CAD | 4946 | 4946 | 4946 |  | 34 | 34 | 34 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 276 | EUR | 239 | 239 | 239 |  | 5 | 5 | 5 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 407 | GBP | 300 | 300 | 300 |  | 5 | 5 | 5 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 50 | IDR | 809112 | 809112 | 809112 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 1643 | SGD | 2125 | 2125 | 2125 |  | 28 | 28 | 28 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 10 | TWD | 285 | 285 | 285 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 08/2025  | 08/2025  | CAD | 4938 | $ | 3598 | 3598 | 3598 |  | 0 | 0 | 0 |  | (34) |
|  |  |  | 08/2025  | 08/2025  | CNH | 2358 |  | 328 | 328 | 328 |  | 0 | 0 | 0 |  | (3) |
|  |  |  | 08/2025  | 08/2025  | SGD | 2120 |  | 1643 | 1643 | 1643 |  | 0 | 0 | 0 |  | (28) |
|  |  |  | 08/2025  | 08/2025  | TWD | 29112 |  | 923 | 923 | 923 |  | 0 | 0 | 0 |  | (89) |
|  |  |  | 08/2025  | 08/2025  | $ | 631 | TWD | 17532 | 17532 | 17532 |  | 0 | 0 | 0 |  | (21) |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | JPY | 24905 | $ | 172 | 172 | 172 |  | 0 | 0 | 0 |  | (1) |
|  |  |  | 07/2025  | 07/2025  | $ | 1481 | JPY | 215898 | 215898 | 215898 |  | 18 | 18 | 18 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 54 | NOK | 541 | 541 | 541 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 4 | PLN | 16 | 16 | 16 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 08/2025  | 08/2025  | CNH | 2993 | $ | 418 | 418 | 418 |  | 0 | 0 | 0 |  | (2) |
|  |  |  | 08/2025  | 08/2025  | JPY | 215104 |  | 1481 | 1481 | 1481 |  | 0 | 0 | 0 |  | (18) |
|  |  |  | 08/2025  | 08/2025  | NOK | 540 |  | 54 | 54 | 54 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $ | 484 | IDR | 7895117 | 7895117 | 7895117 |  | 3 | 3 | 3 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | ILS | 16 | $ | 4 | 4 | 4 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  | TWD | 888 |  | 30 | 30 | 30 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  | $ | 188 | IDR | 3067798 | 3067798 | 3067798 |  | 1 | 1 | 1 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 17 | JPY | 2405 | 2405 | 2405 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 328 | SGD | 423 | 423 | 423 |  | 5 | 5 | 5 |  | 0 |
|  |  |  | 07/2025  | 07/2025  |  | 136 | TWD | 4042 | 4042 | 4042 |  | 3 | 3 | 3 |  | 0 |
|  |  |  | 08/2025  | 08/2025  | CNH | 6656 | $ | 931 | 931 | 931 |  | 0 | 0 | 0 |  | (2) |
|  |  |  | 08/2025  | 08/2025  | JPY | 2396 |  | 17 | 17 | 17 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 08/2025  | 08/2025  | SGD | 422 |  | 328 | 328 | 328 |  | 0 | 0 | 0 |  | (5) |
|  |  |  | 08/2025  | 08/2025  | TWD | 4565 |  | 140 | 140 | 140 |  | 0 | 0 | 0 |  | (19) |
|  |  |  | 08/2025  | 08/2025  | $ | 313 | INR | 26882 | 26882 | 26882 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  |  | 2469 | JPY | 356334 | 356334 | 356334 |  | 6 | 6 | 6 |  | 0 |
|  |  |  | 08/2025  | 08/2025  | JPY | 355026 | $ | 2468 | 2468 | 2468 |  | 0 | 0 | 0 |  | (6) |
|  |  |  | 08/2025  | 08/2025  | $ | 2 | INR | 155 | 155 | 155 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  |  | 971 | GBP | 717 | 717 | 717 |  | 13 | 13 | 13 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | ILS | 156 | $ | 44 | 44 | 44 |  | 0 | 0 | 0 |  | (3) |
|  |  |  | 07/2025  | 07/2025  | JPY | 16250 |  | 112 | 112 | 112 |  | 0 | 0 | 0 |  | (1) |
|  |  |  | 07/2025  | 07/2025  | KRW | 34937 |  | 26 | 26 | 26 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  | NOK | 597 |  | 59 | 59 | 59 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 07/2025  | 07/2025  | THB | 948 |  | 28 | 28 | 28 |  | 0 | 0 | 0 |  | (1) |
|  |  |  | 07/2025  | 07/2025  | $ | 26 | KRW | 34954 | 34954 | 34954 |  | 0 | 0 | 0 |  | 0 |
|  |  |  | 08/2025  | 08/2025  |  | 626 | CNH | 4501 | 4501 | 4501 |  | 5 | 5 | 5 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**894** | **894** | **894** | **$** | $**(1938)** | **(1938)** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** | **INFLATION-CAPPED OPTIONS** |
| Counterparty | Counterparty | Description | Description | Initial<br>Index | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | &nbsp;&nbsp;&nbsp;&nbsp; Floating<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GLM | GLM | Cap - OTC CPALEMU  | Cap - OTC CPALEMU  | 100.151 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | &nbsp;&nbsp;&nbsp;&nbsp; Maximum of [(Final Index/Initial Index - 1) - 3.000%] or 0 | 06/22/2035 | 9000 | 9000 | 9000 | $(410) | (410) | $ | $(247) |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BRC | BRC | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.440% | 2.440% | 2.440% | 01/25/2027 | 1400 | 1400 | 1400 | $(13) | (13) | $ | $(14) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.440 | 2.440 | 2.440 | 01/25/2027 | 1400 | 1400 | 1400 | (12) | (12) |  | (9) |
| GLM | GLM | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.350 | 2.350 | 2.350 | 01/07/2027 | 12600 | 12600 | 12600 | (114) | (114) |  | (113) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.350 | 2.350 | 2.350 | 01/07/2027 | 12600 | 12600 | 12600 | (114) | (114) |  | (89) |
|  |  | Call - OTC 2-Year Interest Rate Swap  | Call - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.500 | 2.500 | 2.500 | 01/14/2027 | 5100 | 5100 | 5100 | (47) | (47) |  | (56) |
|  |  | Put - OTC 2-Year Interest Rate Swap  | Put - OTC 2-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.500 | 2.500 | 2.500 | 01/14/2027 | 5100 | 5100 | 5100 | (47) | (47) |  | (29) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $(347) | (347) | $ | $(310) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(757)** | **(757)** | **$** | $**(557)** |
| **(j)** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $898 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** | **FAIR** **VALUE MEASUREMENTS** |

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<br> Schedule of Investments PIMCO Long-Term Real Return Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Level 1 | Level 2 | Level 3 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | $0 | $247 | $0 | $247 |
| U.S. Government Agencies | 0 | 74335 | 0 | 74335 |
| U.S. Treasury Obligations | 0 | 380334 | 0 | 380334 |
| Non-Agency Mortgage-Backed Securities | 0 | 11693 | 0 | 11693 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| CMBS Other | 0 | 10081 | 0 | 10081 |
| Home Equity Other | 0 | 11697 | 0 | 11697 |
| Whole Loan Collateral | 0 | 850 | 0 | 850 |
| Other ABS | 0 | 5567 | 0 | 5567 |
| Sovereign Issues | 0 | 22815 | 0 | 22815 |
| Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities | Preferred Securities |
| Banking & Finance | 0 | 162 | 0 | 162 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | 0 | 579 | 0 | 579 |
| U.S. Treasury Bills | 0 | 263 | 0 | 263 |
|  | $0 | $518623 | $0 | $518623 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $9605 | $0 | $0 | $9605 |
| Total Investments | $9605 | $518623 | $0 | $528228 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | $0 | $(7547) | $0 | $(7547) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 179 | 313 | 0 | 492 |
| Over the counter | 0 | 894 | 0 | 894 |
|  | $179 | $1207 | $0 | $1386 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (148) | (475) | 0 | (623) |
| Over the counter | 0 | (2495) | 0 | (2495) |
|  | $(148) | $(2970) | $0 | $(3118) |
| Total Financial Derivative Instruments | $31 | $(1763) | $0 | $(1732) |
| Totals | $9636 | $509313 | $0 | $518949 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund June 30, 2025

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| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 192.3% ¤** |  |  |
| **CORPORATE BONDS & NOTES 0.4%**  |  |  |
| **INDUSTRIALS 0.4%**  |  |  |
| **Vessel Management Services, Inc.** <br>3.432% due 08/15/2036 | $3160 | $2844 |
| Total Corporate Bonds & Notes (Cost $3,160) |  | 2844 |
| **U.S. GOVERNMENT AGENCIES 22.5%**  |  |  |
| **Fannie Mae**  |  |  |
| 3.500% due 06/25/2044 | 3504 | 3210 |
| 4.000% due 09/25/2044 - 10/25/2044 | 5968 | 5728 |
| 4.250% due 04/25/2037 | 117 | 114 |
| 4.807% due 07/25/2037 •  | 34 | 34 |
| 4.870% due 10/25/2030 •  | 1 | 1 |
| 5.320% due 04/25/2032 •  | 1 | 1 |
| 5.696% due 06/01/2043 •  | 39 | 40 |
| 5.697% due 03/01/2044 •  | 43 | 43 |
| 6.000% due 05/17/2027 | 3 | 3 |
| 6.395% due 04/01/2028 •  | 1 | 1 |
| 6.500% due 07/25/2031 | 103 | 106 |
| 6.750% due 06/25/2032 | 282 | 296 |
| 6.848% due 12/01/2027 •  | 5 | 5 |
| 6.952% due 11/01/2034 •  | 15 | 16 |
| 7.000% due 05/18/2027 | 1 | 1 |
| 7.430% due 07/01/2035 •  | 6 | 6 |
| **Federal Farm Credit Bank**<br>5.125% due 07/09/2029 | 675 | 705 |
| **Freddie Mac**  |  |  |
| 0.195% due 12/15/2042 •  | 1671 | 1419 |
| 2.862% due 07/25/2054 ~ | 2200 | 2064 |
| 3.500% due 05/15/2042 - 01/15/2048 | 16176 | 14536 |
| 4.000% due 07/15/2042 | 4993 | 4852 |
| 4.306% due 10/25/2052 | 6343 | 5266 |
| 4.500% due 02/15/2035 - 07/15/2035 | 402 | 400 |
| 4.608% due 10/15/2043 •  | 1141 | 1119 |
| 4.818% due 01/15/2033 •  | 10 | 10 |
| 4.918% due 04/15/2029 - 12/15/2032 •  | 8 | 8 |
| 4.968% due 06/15/2031 •  | 4 | 4 |
| 5.500% due 06/15/2035 | 7377 | 7643 |
| 5.599% due 10/25/2044 •  | 656 | 601 |
| 5.799% due 07/25/2044 •  | 158 | 152 |
| 6.000% due 05/15/2028 | 5 | 5 |
| 6.262% due 01/01/2028 •  | 2 | 2 |
| 6.271% due 01/01/2028 •  | 3 | 3 |
| 6.500% due 01/01/2035 - 10/25/2043 | 27 | 28 |
| **Ginnie Mae**  |  |  |
| 4.000% due 08/20/2044 - 09/20/2044 | 6164 | 5844 |
| 4.625% (H15T1Y + 1.500%) due 08/20/2025 - 09/20/2026 ~•  | 2 | 2 |
| 4.750% due 10/20/2027 - 11/20/2027 •  | 6 | 6 |
| 4.875% (H15T1Y + 1.500%) due 05/20/2026 - 06/20/2026 ~•  | 1 | 0 |
| 4.875% due 04/20/2027 - 05/20/2030 •  | 23 | 23 |
| 5.000% due 10/20/2026 •  | 0 | 1 |
| 5.625% due 01/20/2027 - 01/20/2028 •  | 6 | 7 |
| 6.000% due 08/20/2033 | 444 | 445 |
| 6.500% due 08/20/2034 - 09/20/2034 | 4 | 3 |
| **Ginnie Mae, TBA**  |  |  |
| 4.000% due 07/01/2055 | 8000 | 7440 |
| 4.500% due 07/01/2055 | 2500 | 2393 |
| **Resolution Funding Corp. STRIPS**<br>0.000% due 10/15/2028 (a) | 6371 | 5607 |
| **Tennessee Valley Authority STRIPS**<br>0.000% due 05/01/2030 (e) | 7400 | 6140 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 11/01/2046 | 104 | 89 |
| 6.500% due 01/01/2032 - 08/01/2037 | 20 | 20 |
| 7.000% due 02/01/2038 | 5 | 5 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 3.000% due 07/01/2055 | 3700 | 3202 |
| 4.000% due 08/01/2055 | 4100 | 3812 |
| 4.500% due 08/01/2055 | 7400 | 7076 |
| 5.000% due 08/01/2055 | 10900 | 10677 |
| 5.500% due 08/01/2055 | 700 | 699 |
| 6.000% due 08/01/2055 | 59100 | 60004 |

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<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

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| | | |
|:---|:---|:---|
| 6.500% due 08/01/2055 | 3900 | 4021 |
| Total U.S. Government Agencies (Cost $168,045) |  | 165938 |
| **U.S. TREASURY OBLIGATIONS 165.0%**  |  |  |
| **U.S. Treasury Bonds**  |  |  |
| 1.125% due 05/15/2040 | 10470 | 6513 |
| 1.125% due 08/15/2040 (e) | 99760 | 61403 |
| 1.375% due 11/15/2040 (g) | 9060 | 5775 |
| 1.750% due 08/15/2041 (e) | 60400 | 40119 |
| 1.875% due 02/15/2051 | 19100 | 10735 |
| 2.000% due 11/15/2041 | 45200 | 31100 |
| 2.000% due 02/15/2050 | 310 | 182 |
| 2.250% due 08/15/2049 | 52090 | 32693 |
| 2.250% due 02/15/2052 | 4500 | 2750 |
| 2.375% due 02/15/2042 | 28000 | 20379 |
| 2.375% due 05/15/2051 | 2400 | 1523 |
| 2.500% due 05/15/2046 (g) | 2028 | 1401 |
| 2.750% due 08/15/2047 | 150 | 107 |
| 2.875% due 05/15/2052 | 20400 | 14363 |
| 3.000% due 11/15/2045 (g) | 680 | 518 |
| 3.000% due 02/15/2048 | 150 | 111 |
| 3.000% due 08/15/2048 | 47000 | 34774 |
| 3.000% due 02/15/2049 (e) | 64144 | 47281 |
| 3.000% due 08/15/2052 (e) | 66300 | 47878 |
| 3.125% due 02/15/2043 (e) | 59600 | 47948 |
| 3.250% due 05/15/2042 | 22800 | 18870 |
| 3.375% due 11/15/2048 | 10300 | 8151 |
| 3.625% due 08/15/2043 | 15300 | 13168 |
| 3.625% due 02/15/2053 (e) | 51800 | 42302 |
| 3.625% due 05/15/2053 | 19400 | 15829 |
| 3.875% due 02/15/2043 | 33100 | 29640 |
| 3.875% due 05/15/2043 (e) | 60400 | 53968 |
| 4.000% due 11/15/2042 (e) | 72000 | 65708 |
| 4.000% due 11/15/2052 (e) | 51650 | 45188 |
| 4.125% due 08/15/2053 | 13000 | 11616 |
| 4.250% due 02/15/2054 | 18300 | 16699 |
| 4.375% due 05/15/2041 | 29580 | 28675 |
| 4.375% due 08/15/2043 (e) | 68400 | 65219 |
| 4.500% due 02/15/2044 (e) | 48100 | 46492 |
| 4.500% due 11/15/2054 | 5800 | 5529 |
| 4.625% due 05/15/2044 (e) | 2800 | 2747 |
| 4.625% due 11/15/2044 (e) | 10500 | 10282 |
| 4.625% due 05/15/2054 | 4600 | 4469 |
| 4.625% due 02/15/2055 (e) | 22400 | 21812 |
| 4.750% due 02/15/2041 | 10750 | 10893 |
| 4.750% due 02/15/2045 (e) | 23500 | 23382 |
| **U.S. Treasury Inflation Protected Securities (d)** |  |  |
| 0.125% due 10/15/2025  | 2472 | 2464 |
| 0.125% due 01/15/2032 (g) | 11687 | 10597 |
| 0.625% due 07/15/2032  | 15677 | 14629 |
| 1.125% due 01/15/2033  | 22893 | 21887 |
| 1.750% due 01/15/2034  | 18053 | 17904 |
| **U.S. Treasury Notes**  |  |  |
| 1.500% due 11/30/2028 | 20700 | 19243 |
| 2.375% due 03/31/2029 | 24500 | 23350 |
| 2.625% due 05/31/2027 (g) | 2200 | 2155 |
| 3.250% due 06/30/2029 | 20800 | 20424 |
| 3.625% due 03/31/2030 | 3900 | 3873 |
| 3.750% due 05/31/2030 | 3900 | 3892 |
| 3.750% due 06/30/2030 | 6600 | 6584 |
| 3.875% due 09/30/2029 (e) | 53200 | 53458 |
| 4.000% due 02/28/2030 (g) | 3900 | 3939 |
| 4.000% due 02/15/2034 (e) | 52000 | 51474 |
| 4.125% due 11/15/2027 | 200 | 202 |
| 4.125% due 10/31/2029 | 500 | 507 |
| 4.125% due 08/31/2030 (g) | 2700 | 2739 |
| 4.375% due 11/30/2030 | 5300 | 5438 |
| 4.625% due 09/30/2030 (g) | 2700 | 2802 |
| 4.875% due 10/31/2030 | 2700 | 2835 |
| Total U.S. Treasury Obligations (Cost $1,370,820) |  | 1218588 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 2.8%**  |  |  |
| **Ashford Hospitality Trust** <br>5.384% due 04/15/2035 •  | 99 | 99 |
| **Atrium Hotel Portfolio Trust** <br>5.539% due 12/15/2036 •  | 617 | 604 |
| **BANK** <br>4.046% due 03/15/2061 ~ | 800 | 791 |
| **Bear Stearns Adjustable Rate Mortgage Trust** <br>6.625% due 04/25/2033 ~ | 2 | 2 |
| **Bear Stearns ALT-A Trust** <br>4.905% due 09/25/2035 ~ | 163 | 94 |
| **Benchmark Mortgage Trust**  |  |  |
| 4.016% due 03/15/2052  | 3700 | 3605 |

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<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

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| | | |
|:---|:---|:---|
| 5.926% due 03/15/2057  | 2000 | 2088 |
| **BMO Mortgage Trust** <br>7.296% due 11/15/2056 ~ | 1800 | 1931 |
| **COMM Mortgage Trust** <br>3.140% due 10/10/2036 | 2800 | 2604 |
| **Countrywide Alternative Loan Trust** <br>4.854% due 05/25/2035 •  | 149 | 142 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 5.014% due 04/25/2035 •  | 12 | 11 |
| 5.074% due 03/25/2035 •  | 225 | 210 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | 1458 | 1459 |
| **HarborView Mortgage Loan Trust** <br>4.872% due 05/19/2035 •  | 119 | 115 |
| **Hilton USA Trust** <br>3.719% due 11/05/2038 | 2130 | 2095 |
| **Impac CMB Trust** <br>4.934% due 10/25/2035 •  | 602 | 542 |
| **JP Morgan Mortgage Trust** <br>6.373% due 07/25/2035 ~ | 22 | 22 |
| **New Residential Mortgage Loan Trust**  |  |  |
| 2.750% due 07/25/2059  | 93 | 90 |
| 2.750% due 11/25/2059 ~  | 633 | 607 |
| **Nomura Asset Acceptance Corp. Alternative Loan Trust** <br>4.413% due 10/25/2035 ~ | 445 | 397 |
| **Residential Accredit Loans, Inc. Trust**  |  |  |
| 4.734% due 08/25/2035 •  | 130 | 91 |
| 6.000% due 06/25/2036  | 269 | 213 |
| **Sequoia Mortgage Trust**  |  |  |
| 5.132% due 10/19/2026 •  | 2 | 2 |
| 5.132% due 07/20/2033 •  | 44 | 44 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>4.874% due 05/25/2037 •  | 360 | 329 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.874% due 05/25/2036 •  | 55 | 45 |
| 5.092% due 09/19/2032 •  | 1 | 1 |
| 5.272% due 10/19/2033 •  | 33 | 30 |
| **Towd Point Mortgage Trust** <br>3.100% due 01/25/2060 ~ | 900 | 822 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.954% due 11/25/2045 •  | 10 | 10 |
| 5.399% due 02/25/2046 •  | 283 | 259 |
| 5.447% due 08/25/2046 •  | 160 | 137 |
| 5.799% due 06/25/2042 •  | 3 | 3 |
| **Worldwide Plaza Trust** <br>3.526% due 11/10/2036 | 1600 | 1137 |
| Total Non-Agency Mortgage-Backed Securities (Cost $22,015) |  | 20631 |
| **ASSET-BACKED SECURITIES 1.5%**  |  |  |
| **AUTOMOBILE SEQUENTIAL 0.5%**  |  |  |
| **Avis Budget Rental Car Funding AESOP LLC** <br>6.020% due 02/20/2030 | 1700 | 1780 |
| **Hertz Vehicle Financing LLC**  |  |  |
| 2.330% due 06/26/2028  | 1200 | 1153 |
| **Santander Drive Auto Receivables Trust** <br>5.410% due 07/15/2027 | 568 | 569 |
|  |  | 3502 |
| **HOME EQUITY OTHER 0.3%**  |  |  |
| **Bear Stearns Asset-Backed Securities Trust** <br>5.434% due 11/25/2042 •  | 83 | 83 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>4.554% due 11/25/2036 •  | 9 | 4 |
| **MASTR Asset-Backed Securities Trust** <br>5.259% due 10/25/2034 •  | 635 | 614 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.364% due 07/25/2035 •  | 424 | 425 |
| **Soundview Home Loan Trust** <br>4.554% due 11/25/2036 •  | 128 | 35 |
| **Towd Point Mortgage Trust** <br>5.348% due 07/25/2065 þ | 1400 | 1400 |
| **Washington Mutual Asset-Backed Certificates Trust** <br>4.129% due 10/25/2036 •  | 70 | 24 |
|  |  | 2585 |
| **OTHER ABS 0.7%**  |  |  |
| **ECMC Group Student Loan Trust** <br>5.170% due 02/27/2068 •  | 419 | 415 |
| **Invitation Homes Trust** <br>4.000% due 09/17/2041 | 3195 | 3116 |

---

------

<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

---

| | | |
|:---|:---|:---|
| **Massachusetts** **Educational Financing Authority** <br>5.575% due 04/25/2038 •  | 33 | 33 |
| **Pagaya AI Debt Trust** <br>6.258% due 10/15/2031 | 537 | 541 |
| **SLAM Ltd.** <br>5.807% due 05/15/2050 | 1000 | 1019 |
|  |  | 5124 |
| Total Asset-Backed Securities (Cost $11,288) |  | 11211 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 0.1%**  |  |  |
| **MUTUAL FUNDS 0.1%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (d) | 652505 | 653 |
| Total Short-Term Instruments (Cost $653) |  | 653 |
| Total Investments in Securities (Cost $1,575,981) |  | 1419865 |
| **INVESTMENTS IN AFFILIATES 0.1%**  |  |  |
| **SHORT-TERM INSTRUMENTS 0.1%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 0.1%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 79292 | 772 |
| Total Short-Term Instruments (Cost $772) |  | 772 |
| Total Investments in Affiliates (Cost $772) |  | 772 |
| Total Investments 192.4% (Cost $1,576,753) |  | $1420637 |
| **Financial Derivative Instruments (f)(h) (0.4)**%(Cost or Premiums, net $(687)) |  | (2928) |
| Other Assets and Liabilities, net (92.0)% |  | (679366) |
| Net Assets 100.0% |  | $738343 |

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<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(c)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(d)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** | **REVERSE REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Settlement Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Reverse<br>Repurchase<br>Agreements | Payable for<br>Reverse<br>Repurchase<br>Agreements |
| BOO | BOO | 4.390%  | 07/01/2025 | 07/02/2025 | 07/02/2025 | (22176) | $(22176) | (22176) |
|  |  | 4.460  | 06/30/2025 | 07/01/2025 | 07/01/2025 | (21871) | (21874) | (21874) |
| BSN | BSN | 4.450  | 06/09/2025 | 07/14/2025 | 07/14/2025 | (41450) | (41562) | (41562) |
| CIB | CIB | 4.440  | 06/06/2025 | 07/18/2025 | 07/18/2025 | (10397) | (10429) | (10429) |
| DEU | DEU | 4.470  | 06/26/2025 | 07/01/2025 | 07/01/2025 | (23588) | (23603) | (23603) |
|  |  | 4.480  | 07/01/2025 | 07/02/2025 | 07/02/2025 | (23794) | (23794) | (23794) |
| NXN | NXN | 4.440  | 06/10/2025 | 07/16/2025 | 07/16/2025 | (71464) | (71649) | (71649) |
| STR | STR | 4.480  | 07/01/2025 | 07/02/2025 | 07/02/2025 | (63451) | (63451) | (63451) |
|  |  | 4.490  | 06/30/2025 | 07/01/2025 | 07/01/2025 | (61342) | (61350) | (61350) |
| **Total Reverse Repurchase Agreements** | **Total Reverse Repurchase Agreements** |  |  |  |  |  | $**(339888)** | **(339888)** |
| **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** | **SALE-BUYBACK TRANSACTIONS:** |
| Counterparty | Counterparty | Borrowing Rate<sup>(1)</sup> | Borrowing Date | Maturity Date | Maturity Date | Amount<br>Borrowed<sup>(1)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(2)</sup> | Payable for<br>Sale-Buyback<br>Transactions<sup>(2)</sup> |
| UBS | UBS | 4.440%  | 06/13/2025 | 08/15/2025 | 08/15/2025 | (399) | $(399) | (399) |
|  |  | 4.450  | 06/17/2025 | 07/29/2025 | 07/29/2025 | (204587) | (204941) | (204941) |
|  |  | 4.450  | 06/20/2025 | 07/16/2025 | 07/16/2025 | (105509) | (105653) | (105653) |
|  |  | 4.460  | 05/28/2025 | 07/02/2025 | 07/02/2025 | (67916) | (68202) | (68202) |
| **Total Sale-Buyback Transactions** | **Total Sale-Buyback Transactions** |  |  |  |  |  | $**(379195)** | **(379195)** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Maturity<br>Date | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales |
| U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% | U.S. Government Agencies 0.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 08/01/2055 | $ | $(82) | (82) | $(83) |
| **Total Short Sales 0.0%** | **Total Short Sales 0.0%** | **Total Short Sales 0.0%** | **Total Short Sales 0.0%** |  |  | $**(82)** | **(82)** | $**(83)** |
| **(e)** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $614,362 have been pledged as collateral under the terms of master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. | The average amount of borrowings outstanding during the period ended June 30, 2025 was $(608680) at a weighted average interest rate of 4.418%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period. |
| <sup>(2)</sup> | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. | Payable for sale-buyback transactions includes $(914) of deferred price drop. |
| **(f)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Strike<br>Price | Expiration<br>Date | # of<br>Contracts | Notional Amount | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $110.750 | 07/25/2025 | 11 | 11 | (2) | $ | (2) |

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<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

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| | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 11 | 11 | 11 | 11 | (3) | (3) |  | (3) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (5) | (5) | (5) | (5) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Notional Amount | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $ | $110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | $9 | 9 | 9 | (2) | (2) | $ | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 9 | 9 | 9 | (3) | (3) |  | (4) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (5) | (5) | (5) | (5) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(10)** | **(10)** | **(10)** | **(10)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 147 | 147 | 147 | 16482 | 16482 | 16482 |  | 189 | 189 | 189 | 46 | 46 | 46 | 0 |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description |  | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 11 | 11 | 11 | (2288) | (2288) | (2288) |  | (10) | (10) | (10) | 0 | 0 | 0 | (1) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 211 | 211 | 211 | (22999) | (22999) | (22999) |  | (252) | (252) | (252) | 0 | 0 | 0 | (28) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 1406 | 1406 | 1406 | (160657) | (160657) | (160657) |  | (3468) | (3468) | (3468) | 0 | 0 | 0 | (681) |
| U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | U.S. Treasury Long-Term Bond September Futures  | 09/2025 | 900 | 900 | 900 | (103922) | (103922) | (103922) |  | (4124) | (4124) | (4124) | 0 | 0 | 0 | (900) |
| U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | U.S. Treasury Ultra Long-Term Bond September Futures  | 09/2025 | 519 | 519 | 519 | (61826) | (61826) | (61826) |  | (2000) | (2000) | (2000) | 0 | 0 | 0 | (697) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (9854) | (9854) | $ | 0 | 0 | 0 | (2307) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** |  | **(9665)** | **(9665)** | **$** | **46** | **46** | **46** | **(2307)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.400% | Semi-Annual | 03/30/2026 | 03/30/2026 | $17040 | 17040 | 17040 | $30 | 30 | 30 | $ | 639 | $669 | 669 | 669 | $2 | 2 | $0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.638 | Annual | 05/31/2028 | 05/31/2028 | 2900 | 2900 | 2900 | 0 | 0 | 0 |  | (17) | (17) | (17) | (17) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.655 | Annual | 05/31/2028 | 05/31/2028 | 5900 | 5900 | 5900 | 0 | 0 | 0 |  | (38) | (38) | (38) | (38) | 0 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.662 | Annual | 05/31/2028 | 05/31/2028 | 28800 | 28800 | 28800 | 0 | 0 | 0 |  | (191) | (191) | (191) | (191) | 0 | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.679 | Annual | 05/31/2028 | 05/31/2028 | 54100 | 54100 | 54100 | 0 | 0 | 0 |  | (384) | (384) | (384) | (384) | 0 | 0 | (45) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.691 | Annual | 05/31/2028 | 05/31/2028 | 28800 | 28800 | 28800 | 0 | 0 | 0 |  | (215) | (215) | (215) | (215) | 0 | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.694 | Annual | 05/31/2028 | 05/31/2028 | 28800 | 28800 | 28800 | 0 | 0 | 0 |  | (217) | (217) | (217) | (217) | 0 | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.807 | Annual | 05/31/2028 | 05/31/2028 | 2300 | 2300 | 2300 | 0 | 0 | 0 |  | (25) | (25) | (25) | (25) | 0 | 0 | (2) |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.395 | Semi-Annual | 10/25/2028 | 10/25/2028 | 15300 | 15300 | 15300 | (190) | (190) | (190) |  | (485) | (675) | (675) | (675) | 13 | 13 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2029 | 12/18/2029 | 13600 | 13600 | 13600 | (267) | (267) | (267) |  | 121 | (146) | (146) | (146) | 0 | 0 | (20) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | 03/04/2030 | 03/04/2030 | 1900 | 1900 | 1900 | (4) | (4) | (4) |  | (28) | (32) | (32) | (32) | 0 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.800 | Annual | 02/28/2031 | 02/28/2031 | 22340 | 22340 | 22340 | 131 | 131 | 131 |  | (481) | (350) | (350) | (350) | 0 | 0 | (45) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 0.750 | Semi-Annual | 03/30/2031 | 03/30/2031 | 9590 | 9590 | 9590 | 76 | 76 | 76 |  | 1504 | 1580 | 1580 | 1580 | 0 | 0 | (16) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.431 | Annual | 04/30/2031 | 04/30/2031 | 1600 | 1600 | 1600 | 0 | 0 | 0 |  | 5 | 5 | 5 | 5 | 0 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1.441 | Semi-Annual | 07/21/2031 | 07/21/2031 | 6800 | 6800 | 6800 | (23) | (23) | (23) |  | 895 | 872 | 872 | 872 | 0 | 0 | (13) |
| Receive<sup>(1)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 05/15/2032 | 8295 | 8295 | 8295 | (8) | (8) | (8) |  | (119) | (127) | (127) | (127) | 0 | 0 | (21) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.610 | Annual | 12/12/2032 | 12/12/2032 | 2500 | 2500 | 2500 | (12) | (12) | (12) |  | 14 | 2 | 2 | 2 | 0 | 0 | (7) |

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------

<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | Annual | 12/26/2033 | 400 | 400 | (2) | (2) |  | (4) | (4) |  | (6) | (6) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.854 | Annual | Annual | 12/29/2033 | 1200 | 1200 | (5) | (5) |  | (13) | (13) |  | (18) | (18) |  | 0 |  | (4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.600 | Annual | Annual | 01/17/2034 | 500 | 500 | (2) | (2) |  | 4 | 4 |  | 2 | 2 |  | 0 |  | (2) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.715 | Annual | Annual | 08/07/2034 | 790 | 790 | (4) | (4) |  | 6 | 6 |  | 2 | 2 |  | 0 |  | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.532 | Annual | Annual | 08/20/2034 | 1100 | 1100 | (4) | (4) |  | 24 | 24 |  | 20 | 20 |  | 0 |  | (4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.599 | Annual | Annual | 08/28/2034 | 1200 | 1200 | (4) | (4) |  | 19 | 19 |  | 15 | 15 |  | 0 |  | (4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.605 | Annual | Annual | 08/28/2034 | 300 | 300 | (1) | (1) |  | 5 | 5 |  | 4 | 4 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.643 | Annual | Annual | 08/28/2034 | 400 | 400 | (1) | (1) |  | 4 | 4 |  | 3 | 3 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.232 | Annual | Annual | 09/10/2034 | 1400 | 1400 | (7) | (7) |  | 68 | 68 |  | 61 | 61 |  | 0 |  | (5) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.240 | Annual | Annual | 09/16/2034 | 500 | 500 | (2) | (2) |  | 23 | 23 |  | 21 | 21 |  | 0 |  | (2) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.278 | Annual | Annual | 09/16/2034 | 1100 | 1100 | (5) | (5) |  | 48 | 48 |  | 43 | 43 |  | 0 |  | (4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.280 | Annual | Annual | 09/16/2034 | 1200 | 1200 | (5) | (5) |  | 52 | 52 |  | 47 | 47 |  | 0 |  | (4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | Annual | 02/26/2035 | 100 | 100 | 0 | 0 |  | (3) | (3) |  | (3) | (3) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.890 | Annual | Annual | 03/03/2035 | 1200 | 1200 | (5) | (5) |  | (15) | (15) |  | (20) | (20) |  | 0 |  | (5) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.908 | Annual | Annual | 03/04/2035 | 500 | 500 | (2) | (2) |  | (7) | (7) |  | (9) | (9) |  | 0 |  | (2) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | Annual | 03/05/2035 | 800 | 800 | (3) | (3) |  | (9) | (9) |  | (12) | (12) |  | 0 |  | (3) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | Annual | 03/12/2035 | 1100 | 1100 | (3) | (3) |  | (16) | (16) |  | (19) | (19) |  | 0 |  | (4) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.368 | Annual | Annual | 11/15/2049 | 1800 | 1800 | 0 | 0 |  | 183 | 183 |  | 183 | 183 |  | 0 |  | (13) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.464 | Annual | Annual | 11/15/2049 | 4100 | 4100 | 0 | 0 |  | 352 | 352 |  | 352 | 352 |  | 0 |  | (29) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.527 | Annual | Annual | 11/15/2049 | 900 | 900 | 0 | 0 |  | 68 | 68 |  | 68 | 68 |  | 0 |  | (6) |
| Receive<sup>(1)</sup> | Receive<sup>(1)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.100 | Annual | Annual | 11/15/2052 | 9808 | 9808 | (29) | (29) |  | (229) | (229) |  | (258) | (258) |  | 0 |  | (82) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1.750 | Annual | Annual | 10/23/2053 | 5700 | 5700 | (99) | (99) |  | 2341 | 2341 |  | 2242 | 2242 |  | 0 |  | (32) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.300 | Annual | Annual | 11/15/2053 | 4300 | 4300 | (20) | (20) |  | 518 | 518 |  | 498 | 498 |  | 0 |  | (32) |
| Pay | Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.992 | Annual | Annual | 11/15/2053 | 6200 | 6200 | 0 | 0 |  | 67 | 67 |  | 67 | 67 |  | 49 |  | 0 |
|  |  |  |  |  |  |  |  |  | $ | (470) | (470) | $4464 | 4464 | 4464 | $3994 | 3994 | 3994 | $64 | 64 | $(497) | (497) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **(470)** | **(470)** | $**4464** | **4464** | **4464** | $**3994** | **3994** | **3994** | $**64** | **64** | $**(497)** | **(497)** |
| **(g)** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $12,000 and cash of $6,618 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| BOA | BOA | BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 3.770% | 07/09/2025 | 07/09/2025 | 07/09/2025 | 4500 | 4500 | 4500 | $(14) | (14) | (14) | (41) | (41) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 4.120 | 07/09/2025 | 07/09/2025 | 07/09/2025 | 4500 | 4500 | 4500 | (14) | (14) | (14) | 0 | 0 |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 3.700 | 07/21/2025 | 07/21/2025 | 07/21/2025 | 4000 | 4000 | 4000 | (13) | (13) | (13) | (31) | (31) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 4.050 | 07/21/2025 | 07/21/2025 | 07/21/2025 | 4000 | 4000 | 4000 | (13) | (13) | (13) | (2) | (2) |
|  |  |  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 3.555 | 07/24/2025 | 07/24/2025 | 07/24/2025 | 400 | 400 | 400 | (1) | (1) | (1) | (1) | (1) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 3.905 | 07/24/2025 | 07/24/2025 | 07/24/2025 | 400 | 400 | 400 | (1) | (1) | (1) | (1) | (1) |
| FAR | FAR | FAR | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.790 | 3.790 | 07/09/2025 | 07/09/2025 | 07/09/2025 | 5100 | 5100 | 5100 | (17) | (17) | (17) | (53) | (53) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.140 | 4.140 | 07/09/2025 | 07/09/2025 | 07/09/2025 | 5100 | 5100 | 5100 | (17) | (17) | (17) | 0 | 0 |
| GLM | GLM | GLM | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.695 | 3.695 | 07/17/2025 | 07/17/2025 | 07/17/2025 | 4000 | 4000 | 4000 | (11) | (11) | (11) | (28) | (28) |
|  |  |  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.095 | 4.095 | 07/17/2025 | 07/17/2025 | 07/17/2025 | 4000 | 4000 | 4000 | (12) | (12) | (12) | (1) | (1) |

---

------

<br> Schedule of Investments PIMCO Long-Term U.S. Government Fund (Cont.) June 30, 2025

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.583 | 07/23/2025 | 07/23/2025 | 3400 | 3400 | (12) | (12) | (14) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.933 | 07/23/2025 | 07/23/2025 | 3400 | 3400 | (12) | (12) | (5) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.525 | 07/28/2025 | 07/28/2025 | 1750 | 1750 | (6) | (6) | (6) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.875 | 07/28/2025 | 07/28/2025 | 1750 | 1750 | (6) | (6) | (4) |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.555 | 07/30/2025 | 07/30/2025 | 600 | 600 | (2) | (2) | (3) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.905 | 07/30/2025 | 07/30/2025 | 600 | 600 | (2) | (2) | (1) |
| MYC | MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.715 | 07/02/2025 | 07/02/2025 | 1900 | 1900 | (7) | (7) | (8) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.065 | 07/02/2025 | 07/02/2025 | 1900 | 1900 | (7) | (7) | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.725 | 07/03/2025 | 07/03/2025 | 2900 | 2900 | (11) | (11) | (15) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.075 | 07/03/2025 | 07/03/2025 | 2900 | 2900 | (11) | (11) | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.669 | 07/07/2025 | 07/07/2025 | 2200 | 2200 | (8) | (8) | (7) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.019 | 07/07/2025 | 07/07/2025 | 2200 | 2200 | (8) | (8) | 0 |
| NGF | NGF | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.545 | 07/28/2025 | 07/28/2025 | 450 | 450 | (1) | (1) | (2) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 3.895 | 07/28/2025 | 07/28/2025 | 450 | 450 | (1) | (1) | (1) |
|  |  |  |  |  |  |  |  |  |  |  | $(207) | (207) | $(224) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(207)** | **(207)** | $**(224)** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Industrials | Industrials | Industrials | Industrials | Industrials | $0 | 0 | 0 | $2844 | 2844 | $0 | 0 | $2844 | 2844 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 165938 | 165938 | 0 | 0 | 165938 | 165938 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 1218588 | 1218588 | 0 | 0 | 1218588 | 1218588 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 20631 | 20631 | 0 | 0 | 20631 | 20631 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 0 | 3502 | 3502 | 0 | 0 | 3502 | 3502 |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 1400 | 1400 | 1400 | 1185 | 1185 | 0 | 0 | 2585 | 2585 |
| Other ABS | Other ABS | Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 5124 | 5124 | 0 | 0 | 5124 | 5124 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 653 | 653 | 0 | 0 | 653 | 653 |
|  |  |  |  |  | $1400 | 1400 | 1400 | $1418465 | 1418465 | $0 | 0 | $1419865 | 1419865 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $772 | 772 | 772 | $0 | 0 | $0 | 0 | $772 | 772 |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $2172 | 2172 | 2172 | $1418465 | 1418465 | $0 | 0 | $1420637 | 1420637 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $(83) | (83) | $0 | 0 | $(83) | (83) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | $110 | 110 | $0 | 0 | $110 | 110 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | $(2814) | (2814) | $0 | 0 | $(2814) | (2814) |
| Over the counter | Over the counter | Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (224) | (224) | 0 | 0 | (224) | (224) |
|  |  |  |  |  | $0 | 0 | 0 | $(3038) | (3038) | $0 | 0 | $(3038) | (3038) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | $(2928) | (2928) | $0 | 0 | $(2928) | (2928) |
| Totals | Totals | Totals | Totals | Totals | $2172 | 2172 | 2172 | $1415454 | 1415454 | $0 | 0 | $1417626 | 1417626 |

---

**There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.**

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 91.9% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 60.6%**  |  |  |
| **ABG Intermediate Holdings LLC**<br>6.577% (TSFR1M + 2.250%) due 12/21/2028 ~ | $252 | $252 |
| **Acrisure LLC**<br>7.327% (TSFR1M + 3.000%) due 11/06/2030 ~ | 464 | 464 |
| **Action Environmental Group, Inc.**<br>8.046% (TSFR3M + 3.750%) due 10/24/2030 ~ | 549 | 550 |
| **Ahead DB Holdings LLC**<br>7.296% (TSFR3M + 3.000%) due 02/03/2031 ~ | 294 | 295 |
| **AI Aqua Merger Sub, Inc.**<br>7.324% (TSFR1M + 3.000%) due 07/31/2028 ~ | 588 | 588 |
| **Alliant Holdings Intermediate LLC**<br>7.072% (TSFR1M + 2.750%) due 09/19/2031 ~ | 579 | 580 |
| **Alpha Generation LLC**<br>6.327% (TSFR1M + 2.000%) due 09/30/2031 ~ | 124 | 124 |
| **Altice France SA**<br>9.756% (TSFR3M + 5.500%) due 08/15/2028 ~ | 485 | 441 |
| **Amentum Government Services Holdings LLC**<br>6.577% (TSFR1M + 2.250%) due 09/29/2031 ~ | 237 | 237 |
| **American Airlines, Inc.**  |  |  |
| 6.519% - 6.522% (TSFR3M + 2.250%) due 04/20/2028 ~ | 195 | 194 |
| 7.563% (TSFR1M + 3.250%) due 05/28/2032 ~ | 325 | 328 |
| **AmWINS Group, Inc.**<br>6.577% (TSFR1M + 2.250%) due 01/30/2032 ~ | 149 | 149 |
| **AP Core Holdings LLC**<br>9.941% (TSFR1M + 5.500%) due 09/01/2027 ~ | 43 | 39 |
| **Applied Systems, Inc.**<br>6.796% (TSFR3M + 2.500%) due 02/24/2031 ~ | 1089 | 1095 |
| **Arches Buyer, Inc.**<br>7.677% (TSFR1M + 3.250%) due 12/06/2027 ~ | 293 | 290 |
| **Armor Holding LLC**<br>7.967% - 8.070% (TSFR6M + 3.750%) due 12/11/2028 ~ | 556 | 560 |
| **Ascend Learning LLC**<br>7.327% (TSFR1M + 3.000%) due 12/11/2028 ~ | 294 | 294 |
| **Aspire Bakeries Holdings LLC**<br>8.572% (TSFR1M + 4.250%) due 12/23/2030 ~ | 597 | 600 |
| **Assetmark Financial Holdings, Inc.**<br>7.046% (TSFR3M + 2.750%) due 09/05/2031 ~ | 398 | 399 |
| **AssuredPartners, Inc.**<br>7.827% (TSFR1M + 3.500%) due 02/14/2031 ~ | 571 | 573 |
| **Asurion LLC**<br>8.577% (TSFR1M + 4.250%) due 09/19/2030 ~ | 595 | 581 |
| **Athenahealth Group, Inc.**<br>7.077% (TSFR1M + 2.750%) due 02/15/2029 ~ | 348 | 348 |
| **Auris Luxembourg SARL**<br>7.881% (TSFR6M + 3.750%) due 02/28/2029 ~ | 322 | 323 |
| **Avalara, Inc.**<br>7.546% (TSFR3M + 3.250%) due 03/26/2032 ~ | 300 | 302 |
| **Barnes Group, Inc.**<br>7.327% (TSFR1M + 3.000%) due 01/27/2032 ~ | 449 | 450 |
| **Barracuda Networks, Inc.**<br>8.780% (TSFR3M + 4.500%) due 08/15/2029 ~ | 98 | 81 |
| **Bausch & Lomb Corp.**  |  |  |
| 8.327% (TSFR1M + 4.000%) due 09/29/2028 ~ | 687 | 688 |
| 8.571% (TSFR1M + 4.250%) due 06/26/2030 ~ | 325 | 326 |
| **BCPE Empire Holdings, Inc.**<br>7.577% (TSFR1M + 3.250%) due 12/11/2030 ~ | 723 | 720 |
| **Beach Acquisition Bidco LLC**<br>TBD% due 06/25/2032 « | 550 | 553 |
| **Belron Finance LLC**<br>7.049% (TSFR3M + 2.750%) due 10/16/2031 ~ | 470 | 473 |
| **BIP PipeCo Holdings LLC**<br>6.535% (TSFR3M + 2.250%) due 12/06/2030 ~ | 346 | 346 |
| **Blackhawk Network Holdings, Inc.**<br>8.327% (TSFR1M + 4.000%) due 03/12/2029 ~ | 396 | 399 |
| **Boxer Parent Co., Inc.**<br>7.333% (TSFR3M + 3.000%) due 07/30/2031 ~ | 498 | 495 |
| **Bracket Intermediate Holding Corp.**<br>8.546% (TSFR3M + 4.250%) due 05/08/2028 ~ | 490 | 492 |
| **BroadStreet Partners, Inc.**<br>7.327% (TSFR1M + 3.000%) due 06/13/2031 ~ | 148 | 149 |
| **Caesars Entertainment, Inc.**  |  |  |
| 6.577% (TSFR1M + 2.250%) due 02/06/2030 ~ | 123 | 123 |
| 6.577% (TSFR1M + 2.250%) due 02/06/2031 ~ | 296 | 296 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Camelot** **U.S. Acquisition LLC**<br>TBD% due 01/31/2031 | 175 | 175 |
| **Cast & Crew Payroll LLC**<br>8.077% (TSFR1M + 3.750%) due 12/29/2028 ~ | 296 | 281 |
| **Cengage Learning, Inc.**<br>7.822% - 7.830% (TSFR3M + 3.500%) due 03/24/2031 ~ | 421 | 422 |
| **Central Parent, Inc.**<br>7.546% (TSFR3M + 3.250%) due 07/06/2029 ~ | 738 | 618 |
| **Century De Buyer LLC**<br>7.780% (TSFR3M + 3.500%) due 10/30/2030 ~ | 124 | 125 |
| **Charter Communications Operating LLC**<br>6.548% (TSFR3M + 2.250%) due 12/15/2031 ~ | 100 | 100 |
| **Charter NEX U.S., Inc.**<br>7.061% (TSFR1M + 2.750%) due 11/29/2030 ~ | 490 | 493 |
| **Chobani LLC**<br>6.827% (TSFR1M + 2.500%) due 10/25/2027 ~ | 591 | 594 |
| **Clarios Global LP**<br>7.077% (TSFR1M + 2.750%) due 01/28/2032 ~ | 625 | 626 |
| **Cloud Software Group, Inc.**  |  |  |
| 7.796% (TSFR3M + 3.500%) due 03/29/2029 ~ | 693 | 694 |
| 8.046% (TSFR3M + 3.750%) due 03/21/2031 ~ | 343 | 344 |
| **Clover Holdings 2 LLC**  |  |  |
| TBD% due 12/10/2029 µ | 32 | 32 |
| 8.307% (TSFR3M + 4.000%) due 12/09/2031 ~ | 375 | 376 |
| **Clydesdale Acquisition Holdings, Inc.**  |  |  |
| TBD% (TSFR1M + 3.250%) due 04/01/2032 ~µ | 6 | 6 |
| 7.502% (TSFR1M + 3.175%) due 04/13/2029 ~ | 1017 | 1016 |
| TBD% (TSFR1M + 3.250%) due 04/01/2032 ~ | 369 | 368 |
| **CNT Holdings Corp.**<br>6.780% (TSFR3M + 2.500%) due 11/08/2032 ~ | 296 | 297 |
| **Colossus Acquireco LLC**<br>TBD% due 06/11/2032 | 375 | 373 |
| **Cotiviti Corp.**<br>7.074% (TSFR1M + 2.750%) due 05/01/2031 ~ | 810 | 807 |
| **Covia Holdings Corp.**<br>7.572% (TSFR1M + 3.250%) due 02/26/2032 ~ | 400 | 402 |
| **CPPIB Capital, Inc.**<br>7.046% (TSFR3M + 2.750%) due 08/20/2031 ~ | 571 | 570 |
| **Creative Artists Agency LLC**<br>7.077% (TSFR1M + 2.750%) due 10/01/2031 ~ | 98 | 99 |
| **Crown Subsea Communications Holding, Inc.**<br>8.330% (TSFR3M + 4.000%) due 01/30/2031 ~ | 297 | 299 |
| **CSC Holdings LLC**  |  |  |
| 8.812% (TSFR1M + 4.500%) due 01/18/2028 ~ | 99 | 98 |
| 9.000% (PRIME + 1.500%) due 04/15/2027 ~ | 149 | 145 |
| **Cube Industrials Buyer, Inc.**<br>TBD% - 7.772% (TSFR3M + 3.500%) due 10/17/2031 ~ | 600 | 604 |
| **Darktrace PLC**<br>7.458% (TSFR3M + 3.250%) due 10/09/2031 ~ | 374 | 375 |
| **Delta TopCo, Inc.**<br>7.074% (TSFR3M + 2.750%) due 11/30/2029 ~ | 396 | 394 |
| **DirecTV Financing LLC**<br>9.791% (TSFR3M + 5.250%) due 08/02/2029 ~ | 391 | 389 |
| **Dotdash Meredith, Inc.**<br>7.824% (TSFR3M + 3.500%) due 06/17/2032 ~ | 300 | 301 |
| **Dragon Buyer, Inc.**<br>7.296% (TSFR3M + 3.000%) due 09/30/2031 ~ | 399 | 400 |
| **Dun & Bradstreet Corp.**<br>6.572% (TSFR1M + 2.250%) due 01/18/2029 ~ | 675 | 676 |
| **Edelman Financial Center LLC**<br>7.327% (TSFR1M + 3.000%) due 04/07/2028 ~ | 98 | 99 |
| **Ellucian Holdings, Inc.**<br>9.077% (TSFR1M + 4.750%) due 11/22/2032 «~ | 750 | 767 |
| **EMRLD Borrower LP**<br>6.827% (TSFR1M + 2.500%) due 08/04/2031 ~ | 223 | 223 |
| **Endo Luxembourg Finance Co. SARL**<br>8.327% (TSFR1M + 4.000%) due 04/23/2031 ~ | 223 | 223 |
| **Endure Digital, Inc.**<br>7.927% (TSFR1M + 3.500%) due 02/10/2028 «~ | 379 | 292 |
| **Envision Healthcare Corp.**  |  |  |
| 11.110% (TSFR3M + 6.750%) due 07/20/2026 « | 202 | 202 |
| 12.235% (TSFR3M + 7.875%) due 11/03/2028 « | 824 | 849 |
| **EOC Borrower LLC**<br>7.327% (TSFR1M + 3.000%) due 03/24/2032 ~ | 950 | 952 |
| **EP Purchaser LLC**<br>9.057% (TSFR3M + 4.500%) due 11/06/2028 ~ | 323 | 319 |
| **EPIC Crude Services LP**<br>7.256% (TSFR3M + 3.000%) due 10/15/2031 ~ | 374 | 376 |
| **Fertitta Entertainment LLC**<br>7.827% (TSFR1M + 3.500%) due 01/27/2029 ~ | 293 | 293 |
| **Fiesta Purchaser, Inc.**<br>7.577% (TSFR1M + 3.250%) due 02/12/2031 ~ | 446 | 447 |
| **FinCo LLC**<br>6.577% (TSFR1M + 2.250%) due 06/27/2029 ~ | 295 | 296 |
| **First Advantage Holdings LLC**<br>7.577% (TSFR1M + 3.250%) due 10/31/2031 ~ | 471 | 471 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **First** **Student Bidco, Inc.**<br>6.796% (TSFR3M + 2.500%) due 07/21/2028 ~ | 1098 | 1100 |
| **Focus Financial Partners LLC**<br>7.077% (TSFR1M + 2.750%) due 09/15/2031 ~ | 249 | 249 |
| **Fortis 333, Inc.**<br>7.796% (TSFR3M + 3.500%) due 03/29/2032 ~ | 125 | 125 |
| **Fortress Intermediate, Inc.**<br>7.827% (TSFR1M + 3.500%) due 06/27/2031 «~ | 571 | 573 |
| **Frontier Communications Corp.**<br>6.792% (TSFR6M + 2.500%) due 07/01/2031 ~ | 323 | 324 |
| **Garda World Security Corp.**<br>7.314% (TSFR1M + 3.000%) due 02/01/2029 ~ | 839 | 842 |
| **GBT U.S. LLC**<br>6.783% (TSFR3M + 2.500%) due 07/28/2031 ~ | 821 | 823 |
| **GC Ferry Acquisition I, Inc.**  |  |  |
| TBD% due 06/04/2032 | 320 | 315 |
| TBD% due 06/04/2032 «µ | 55 | 54 |
| **GEN II Fund Services LLC**<br>6.967% (TSFR6M + 2.750%) due 11/26/2031 ~ | 299 | 300 |
| **Genesys Cloud Services Holdings LLC**<br>6.827% (TSFR1M + 2.500%) due 01/30/2032 ~ | 175 | 175 |
| **GFL Environmental, Inc.**<br>6.824% (TSFR3M + 2.500%) due 03/03/2032 ~ | 775 | 776 |
| **Golden State Foods LLC**<br>8.561% (TSFR1M + 4.250%) due 12/04/2031 ~ | 471 | 474 |
| **Graham Packaging Co., Inc.**<br>6.827% (TSFR1M + 2.500%) due 08/04/2027 ~ | 25 | 25 |
| **Gray Television, Inc.**  |  |  |
| 7.439% (TSFR1M + 3.000%) due 12/01/2028 ~ | 278 | 270 |
| 9.574% (TSFR1M + 5.250%) due 06/04/2029 ~ | 148 | 148 |
| **Great Outdoors Group LLC**<br>7.577% (TSFR1M + 3.250%) due 01/23/2032 ~ | 94 | 94 |
| **Grinding Media, Inc.**<br>7.830% (TSFR3M + 3.500%) due 10/12/2028 «~ | 293 | 291 |
| **Gryphon Debt Merger Sub, Inc.**<br>TBD% due 06/18/2032 | 450 | 450 |
| **Guggenheim Partners LLC**<br>6.796% (TSFR3M + 2.500%) due 11/26/2031 ~ | 224 | 225 |
| **Gulfside Supply, Inc.**<br>7.296% (TSFR3M + 3.000%) due 06/17/2031 ~ | 326 | 327 |
| **GVC Holdings Ltd.**<br>7.016% (TSFR6M + 2.750%) due 10/31/2029 ~ | 245 | 246 |
| **Hanger, Inc.**  |  |  |
| TBD% due 10/23/2031 µ | 40 | 40 |
| TBD% (TSFR1M + 3.500%) due 10/23/2031 ~ | 309 | 310 |
| **HUB International Ltd.**<br>6.769% - 6.796% (TSFR3M + 2.500%) due 06/20/2030 ~ | 595 | 597 |
| **Hudson River Trading LLC**<br>7.314% (TSFR1M + 3.000%) due 03/18/2030 ~ | 447 | 449 |
| **Hunter Douglas, Inc.**<br>7.546% (TSFR3M + 3.250%) due 01/20/2032 ~ | 492 | 491 |
| **IMC Financing LLC**<br>7.815% (TSFR1M + 3.500%) due 06/02/2032 ~ | 300 | 302 |
| **INEOS U.S. Finance LLC**<br>7.327% (TSFR1M + 3.000%) due 02/07/2031 ~ | 347 | 331 |
| **Instructure Holdings, Inc.**<br>7.205% (TSFR6M + 3.000%) due 11/13/2031 ~ | 449 | 450 |
| **ION Trading Technologies SARL**<br>7.796% (TSFR3M + 3.500%) due 04/01/2028 ~ | 175 | 175 |
| **IRB Holding Corp.**<br>6.827% (TSFR1M + 2.500%) due 12/15/2027 ~ | 949 | 950 |
| **iSolved, Inc.**<br>7.327% (TSFR1M + 3.000%) due 10/15/2030 ~ | 420 | 422 |
| **Janney Montgomery Scott LLC**  |  |  |
| TBD% - 3.250% due 11/28/2031 µ | 86 | 86 |
| TBD% - 3.250% (TSFR6M + 3.250%) due 11/28/2031 ~ | 513 | 516 |
| **Janus International Group LLC**<br>6.780% (TSFR3M + 2.500%) due 08/03/2030 ~ | 222 | 221 |
| **Johnstone Supply LLC**<br>6.818% (TSFR1M + 2.500%) due 06/09/2031 ~ | 298 | 299 |
| **Jump Financial LLC**<br>8.546% (TSFR3M + 4.250%) due 02/26/2032 «~ | 299 | 301 |
| **Kaman Corp.**  |  |  |
| TBD% - 1.000% due 02/26/2032 µ | 30 | 30 |
| TBD% - 1.000% (TSFR3M + 2.750%) due 02/26/2032 ~ | 320 | 320 |
| **Kaseya, Inc.**<br>7.577% (TSFR1M + 3.250%) due 03/20/2032 ~ | 574 | 576 |
| **KKR Apple Bidco LLC**<br>6.827% (TSFR1M + 2.500%) due 09/23/2031 ~ | 299 | 298 |
| **Kohler Energy Co. LLC**<br>8.046% (TSFR3M + 3.750%) due 05/01/2031 ~ | 504 | 505 |
| **KUEHG Corp.**<br>7.546% (TSFR3M + 3.250%) due 06/12/2030 ~ | 62 | 62 |
| **LABL, Inc.**<br>9.427% (TSFR1M + 5.000%) due 10/30/2028 ~ | 80 | 73 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LC** **AHAB U.S. Bidco LLC**<br>7.327% (TSFR1M + 3.000%) due 05/01/2031 ~ | 646 | 646 |
| **Lumen Technologies, Inc.**<br>6.791% (TSFR1M + 2.350%) due 04/15/2030 ~ | 423 | 418 |
| **M6 ETX Holdings Midco LLC**<br>7.327% (TSFR1M + 3.000%) due 04/01/2032 ~ | 450 | 452 |
| **Madison IAQ LLC**<br>6.608% - 6.762% (TSFR6M + 2.500%) due 06/21/2028 ~ | 684 | 685 |
| **Madison Safety & Flow LLC**<br>7.077% (TSFR1M + 2.750%) due 09/26/2031 ~ | 248 | 249 |
| **Mauser Packaging Solutions Holding Co.**<br>7.324% (TSFR1M + 3.000%) due 04/15/2027 ~ | 735 | 736 |
| **Mavis Tire Express Services Corp.**<br>7.333% (TSFR3M + 3.000%) due 05/04/2028 ~ | 593 | 593 |
| **McAfee LLC**<br>7.316% (TSFR1M + 3.000%) due 03/01/2029 ~ | 1116 | 1087 |
| **Medline Borrower LP**<br>6.577% (TSFR1M + 2.250%) due 10/23/2028 ~ | 490 | 492 |
| **MH Sub LLC**<br>8.577% (TSFR1M + 4.250%) due 05/03/2028 ~ | 365 | 343 |
| **MI Windows & Doors LLC**<br>7.327% (TSFR1M + 3.000%) due 03/28/2031 ~ | 297 | 298 |
| **Mitchell International, Inc.**<br>7.577% (TSFR1M + 3.250%) due 06/17/2031 ~ | 248 | 248 |
| **Modena Buyer LLC**<br>8.780% (TSFR3M + 4.500%) due 07/01/2031 ~ | 398 | 384 |
| **MPH Acquisition Holdings LLC**<br>8.030% (TSFR3M + 3.750%) due 12/31/2030 ~ | 40 | 40 |
| **Murphy U.S.A., Inc.**<br>6.074% (TSFR1M + 1.750%) due 04/07/2032 ~ | 475 | 480 |
| **Nexstar Media, Inc.**<br>TBD% due 06/28/2032 | 525 | 525 |
| **Nielsen Consumer, Inc.**<br>7.827% (TSFR1M + 3.500%) due 03/06/2028 ~ | 323 | 324 |
| **Nouryon Finance BV**<br>7.510% (TSFR3M + 3.250%) due 04/03/2028 ~ | 1110 | 1116 |
| **Nuvei Technologies Corp.**<br>7.327% (TSFR1M + 3.000%) due 11/17/2031 ~ | 748 | 750 |
| **Olympus Water U.S. Holding Corp.**<br>7.296% (TSFR3M + 3.000%) due 06/20/2031 ~ | 411 | 407 |
| **OMNIA Partners LLC**<br>6.783% (TSFR3M + 2.500%) due 07/25/2030 ~ | 397 | 398 |
| **Ontario Gaming GTA LP**<br>8.546% (TSFR3M + 4.250%) due 08/01/2030 ~ | 271 | 269 |
| **Opal Bidco SAS**<br>7.435% - 9.750% (TSFR3M + 2.250%) due 04/28/2032 ~ | 375 | 377 |
| **Oregon Tool, Inc.**<br>8.586% (TSFR3M + 4.000%) due 10/15/2029 ~ | 168 | 137 |
| **Padagis LLC**<br>9.271% (TSFR3M + 4.750%) due 07/06/2028 ~ | 297 | 279 |
| **Parexel International Corp.**<br>6.827% (TSFR1M + 2.500%) due 11/15/2028 ~ | 814 | 815 |
| **Particle Investments SARL**<br>8.077% (TSFR1M + 3.750%) due 03/28/2031 ~ | 296 | 298 |
| **Peer Holding BV**<br>6.796% (TSFR3M + 2.500%) due 07/01/2031 ~ | 224 | 226 |
| **Pegasus Bidco BV**<br>7.576% (TSFR3M + 3.250%) due 07/12/2029 «~ | 320 | 323 |
| **Peraton Corp.**<br>8.177% (TSFR1M + 3.750%) due 02/01/2028 ~ | 144 | 128 |
| **PG Investment Co. 59 SARL**<br>7.046% (TSFR3M + 2.750%) due 03/26/2031 ~ | 372 | 374 |
| **Phoenix Guarantor, Inc.**<br>6.827% (TSFR1M + 2.500%) due 02/21/2031 ~ | 835 | 839 |
| **Planet U.S. Buyer LLC**<br>TBD% - 7.330% (TSFR3M + 3.000%) due 02/07/2031 ~ | 297 | 299 |
| **Polaris Newco LLC**<br>8.291% (TSFR3M + 3.750%) due 06/02/2028 ~ | 655 | 639 |
| **Primo Brands Corp.**<br>6.546% (TSFR3M + 2.250%) due 03/31/2028 ~ | 590 | 593 |
| **Project Alpha Intermediate Holding, Inc.**<br>7.546% (TSFR3M + 3.250%) due 10/26/2030 ~ | 546 | 549 |
| **Proofpoint, Inc.**<br>7.327% (TSFR1M + 3.000%) due 08/31/2028 ~ | 613 | 614 |
| **PUG LLC**<br>9.077% (TSFR1M + 4.750%) due 03/15/2030 ~ | 85 | 83 |
| **Quartz Acquireco LLC**<br>6.546% (TSFR3M + 2.250%) due 06/28/2030 ~ | 295 | 296 |
| **Quikrete Holdings, Inc.**<br>6.577% (TSFR1M + 2.250%) due 02/10/2032 ~ | 599 | 598 |
| **Radiate Holdco LLC**<br>7.691% (TSFR1M + 3.250%) due 09/25/2026 ~ | 249 | 217 |
| **Raven Acquisition Holdings LLC**  |  |  |
| TBD% - 3.250% due 11/19/2031 µ | 13 | 13 |
| TBD% - 3.250% (TSFR1M + 3.250%) due 11/19/2031 ~ | 186 | 186 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **RealPage** **, Inc.**<br>7.557% (TSFR3M + 3.000%) due 04/24/2028 ~ | 915 | 910 |
| **Renaissance Holdings Corp.**<br>8.280% (TSFR3M + 4.000%) due 04/05/2030 ~ | 394 | 359 |
| **Reworld Holding Corp.**  |  |  |
| 6.568% (TSFR1M + 2.250%) due 11/30/2028 ~ | 469 | 470 |
| 6.571% (TSFR1M + 2.250%) due 11/30/2028 ~ | 26 | 26 |
| **Rockpoint Gas Storage Partners LP**<br>7.296% (TSFR3M + 3.000%) due 09/18/2031 | 373 | 375 |
| **Scientific Games Holdings LP**<br>7.285% (TSFR3M + 3.000%) due 04/04/2029 ~ | 778 | 779 |
| **SCIH Salt Holdings, Inc.**<br>7.280% - 7.324% (TSFR3M + 3.000%) due 01/31/2029 ~ | 147 | 148 |
| **Sedgwick Claims Management Services, Inc.**<br>7.327% (TSFR1M + 3.000%) due 07/31/2031 ~ | 295 | 296 |
| **Select Medical Corp.**<br>6.327% (TSFR1M + 2.000%) due 12/03/2031 ~ | 53 | 53 |
| **SolarWinds Holdings, Inc.**<br>8.261% (TSFR3M + 4.000%) due 04/16/2032 ~ | 300 | 294 |
| **Sotera Health Holdings LLC**<br>7.546% (TSFR3M + 3.250%) due 05/30/2031 ~ | 124 | 125 |
| **Specialty Building Products Holdings LLC**<br>8.177% (TSFR1M + 3.750%) due 10/15/2028 ~ | 122 | 117 |
| **Speedster Bidco GmbH**<br>7.546% (TSFR3M + 3.250%) due 12/10/2031 ~ | 499 | 502 |
| **Spirit AeroSystems, Inc.**<br>8.780% (TSFR3M + 4.500%) due 01/15/2027 ~ | 389 | 390 |
| **Spring Education Group, Inc.**<br>8.296% (TSFR3M + 4.000%) due 10/04/2030 ~ | 197 | 198 |
| **Star Parent, Inc.**<br>8.296% (TSFR3M + 4.000%) due 09/27/2030 ~ | 593 | 587 |
| **Stonepeak Nile Parent LLC**<br>9.250% (PRIME + 1.750%) due 04/09/2032 ~ | 700 | 703 |
| **Student Transportation of America Holdings, Inc.**  |  |  |
| TBD% due 06/24/2032 µ | 18 | 18 |
| TBD% due 06/24/2032 | 257 | 258 |
| **Sycamore Buyer LLC**<br>6.572% (TSFR1M + 2.250%) due 05/21/2032 ~ | 550 | 551 |
| **Syniverse Holdings, Inc.**<br>11.296% (TSFR3M + 7.000%) due 05/13/2027 ~ | 541 | 515 |
| **Tacala LLC**<br>7.827% (TSFR1M + 3.500%) due 01/31/2031 ~ | 520 | 523 |
| **Tecta America Corp.**<br>7.327% (TSFR1M + 3.000%) due 02/18/2032 ~ | 225 | 226 |
| **TGP Holdings LLC**<br>7.677% (TSFR1M + 3.250%) due 06/29/2028 ~ | 276 | 248 |
| **Tidal Waste & Recycling Holdings LLC**<br>7.296% (TSFR3M + 3.000%) due 10/24/2031 ~ | 449 | 452 |
| **TK Elevator Midco GmbH**<br>7.237% due 04/30/2030 ~ | 442 | 444 |
| **TransDigm, Inc.**<br>6.796% (TSFR3M + 2.500%) due 02/28/2031 ~ | 638 | 640 |
| **Travel & Leisure Co.**<br>6.827% (TSFR1M + 2.500%) due 12/14/2029 ~ | 198 | 198 |
| **Trident TPI Holdings, Inc.**<br>8.046% (TSFR3M + 3.750%) due 09/15/2028 ~ | 395 | 388 |
| **Trucordia Insurance Holdings LLC**<br>7.564% (TSFR1M + 3.250%) due 06/14/2032 ~ | 375 | 376 |
| **Truist Insurance Holdings LLC**<br>7.046% (TSFR3M + 2.750%) due 05/06/2031 ~ | 460 | 460 |
| **Twitter, Inc.**<br>10.927% (TSFR1M + 6.500%) due 10/26/2029 ~ | 1169 | 1144 |
| **U.S. Renal Care, Inc.**<br>9.441% (TSFR1M + 5.000%) due 06/20/2028 ~ | 546 | 518 |
| **UFC Holdings LLC**<br>6.571% (TSFR3M + 2.250%) due 11/21/2031 ~ | 522 | 525 |
| **UGI Energy Services LLC**<br>6.827% (TSFR1M + 2.500%) due 02/22/2030 ~ | 184 | 185 |
| **UKG, Inc.**<br>7.311% (TSFR1M + 3.000%) due 02/10/2031 ~ | 1020 | 1025 |
| **United Talent Agency LLC**<br>7.811% (TSFR1M + 3.500%) due 06/10/2032 «~ | 1023 | 1027 |
| **Univision Communications, Inc.**<br>8.546% (TSFR3M + 4.250%) due 06/24/2029 ~ | 94 | 94 |
| **USI, Inc.**  |  |  |
| 6.546% (TSFR3M + 2.250%) due 11/21/2029 ~ | 303 | 303 |
| 6.546% (TSFR3M + 2.250%) due 09/29/2030 ~ | 295 | 294 |
| **Van Pool Transportation LLC**  |  |  |
| TBD% due 06/17/2030 | 396 | 396 |
| TBD% due 06/17/2030 µ | 54 | 54 |
| **Varsity Brands, Inc.**<br>7.830% (TSFR3M + 3.500%) due 08/26/2031 ~ | 399 | 399 |
| **Veritiv Corp.**<br>8.296% (TSFR3M + 4.000%) due 11/30/2030 ~ | 399 | 401 |
| **Viavi Solutions, Inc.**<br>TBD% due 07/30/2032 | 225 | 225 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Virgin** **Media Bristol LLC**<br>7.676% (TSFR1M + 3.250%) due 01/31/2029 ~ | 425 | 422 |
| **Vista Management Holding, Inc.**<br>8.048% (TSFR3M + 3.750%) due 04/01/2031 ~ | 250 | 251 |
| **Voyager Parent LLC**<br>TBD% due 05/09/2032 | 100 | 99 |
| **VS Buyer LLC**<br>7.019% (TSFR3M + 2.750%) due 04/12/2031 ~ | 819 | 824 |
| **Wand NewCo 3, Inc.**<br>6.827% (TSFR1M + 2.500%) due 01/30/2031 ~ | 481 | 480 |
| **Wasserman Media Group LLC**<br>TBD% due 06/23/2032 | 375 | 376 |
| **WaterBridge Midstream Operating LLC**  |  |  |
| 8.300% (TSFR3M + 4.000%) due 05/10/2029 ~ | 496 | 497 |
| 9.314% (TSFR3M + 4.750%) due 06/27/2029 ~ | 274 | 273 |
| **WCG Intermediate Corp.**<br>7.322% - 7.327% (TSFR1M + 3.000%) due 02/25/2032 ~ | 199 | 198 |
| **Whatabrands LLC**<br>6.827% (TSFR1M + 2.500%) due 08/03/2028 ~ | 295 | 295 |
| **White Cap Buyer LLC**<br>7.577% (TSFR1M + 3.250%) due 10/19/2029 ~ | 174 | 173 |
| **Xplor T1 LLC**<br>7.796% (TSFR3M + 3.500%) due 06/24/2031 «~ | 422 | 423 |
| **Zayo Group Holdings, Inc.**<br>7.441% (TSFR1M + 3.000%) due 03/09/2027 ~ | 200 | 191 |
| **Zelis Payments Buyer, Inc.**<br>7.577% (TSFR1M + 3.250%) due 11/26/2031 ~ | 524 | 522 |
| **Zuora, Inc.**<br>7.827% (TSFR1M + 3.500%) due 02/14/2032 ~ | 650 | 648 |
| Total Loan Participations and Assignments (Cost $92,070) |  | 92229 |
| **CORPORATE BONDS & NOTES 29.6%**  |  |  |
| **BANKING & FINANCE 5.8%**  |  |  |
| **Acrisure LLC** <br>6.750% due 07/01/2032 | 125 | 127 |
| **Alliant Holdings Intermediate LLC** <br>6.750% due 10/15/2027 | 300 | 300 |
| **Allied Universal Holdco LLC**  |  |  |
| 4.625% due 06/01/2028  | 325 | 316 |
| 6.875% due 06/15/2030  | 175 | 178 |
| **Baldwin Insurance Group Holdings LLC** <br>7.125% due 05/15/2031 | 200 | 208 |
| **Burford Capital Global Finance LLC** <br>9.250% due 07/01/2031 | 500 | 527 |
| **Clue Opco LLC** <br>9.500% due 10/15/2031 | 175 | 186 |
| **CoreLogic, Inc.** <br>4.500% due 05/01/2028 | 300 | 286 |
| **Encore Capital Group, Inc.** <br>8.500% due 05/15/2030 | 675 | 725 |
| **Freedom Mortgage Corp.** <br>12.000% due 10/01/2028 | 275 | 296 |
| **Freedom Mortgage Holdings LLC** <br>8.375% due 04/01/2032 | 100 | 101 |
| **GGAM Finance Ltd.** <br>8.000% due 02/15/2027 | 75 | 77 |
| **Hudson Pacific Properties LP** <br>5.950% due 02/15/2028 | 200 | 195 |
| **Icahn Enterprises LP**  |  |  |
| 6.250% due 05/15/2026  | 180 | 179 |
| 9.000% due 06/15/2030  | 125 | 117 |
| 9.750% due 01/15/2029  | 200 | 195 |
| **Iron Mountain Information Management Services, Inc.** <br>5.000% due 07/15/2032 | 50 | 48 |
| **Iron Mountain, Inc.**  |  |  |
| 4.500% due 02/15/2031  | 100 | 95 |
| 5.250% due 07/15/2030  | 125 | 123 |
| **Jane Street Group** <br>6.750% due 05/01/2033 | 525 | 540 |
| **Jefferies Finance LLC** <br>5.000% due 08/15/2028 | 200 | 194 |
| **Jefferson Capital Holdings LLC** <br>9.500% due 02/15/2029 | 350 | 370 |
| **Ladder Capital Finance Holdings LLLP** <br>7.000% due 07/15/2031 | 225 | 235 |
| **Nationstar Mortgage Holdings, Inc.** <br>7.125% due 02/01/2032 | 350 | 364 |
| **Navient Corp.** <br>4.875% due 03/15/2028 | 175 | 173 |
| **Newmark Group, Inc.** <br>7.500% due 01/12/2029 | 600 | 635 |
| **OneMain Finance Corp.**  |  |  |
| 6.625% due 05/15/2029  | 300 | 309 |
| 7.125% due 03/15/2026  | 52 | 53 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Oxford** **Finance LLC** <br>6.375% due 02/01/2027 | 200 | 201 |
| **Pebblebrook Hotel LP** <br>6.375% due 10/15/2029 | 50 | 50 |
| **PennyMac Financial Services, Inc.** <br>7.125% due 11/15/2030 | 250 | 259 |
| **PRA Group, Inc.** <br>8.875% due 01/31/2030 | 200 | 206 |
| **Rfna LP** <br>7.875% due 02/15/2030 | 25 | 26 |
| **RLJ Lodging Trust LP** <br>4.000% due 09/15/2029 | 275 | 257 |
| **Starwood Property Trust, Inc.** <br>6.500% due 07/01/2030 | 250 | 258 |
| **Stonex Escrow Issuer LLC** <br>6.875% due 07/15/2032 (a) | 75 | 76 |
| **USI, Inc.** <br>7.500% due 01/15/2032 | 200 | 211 |
| **XHR LP** <br>6.625% due 05/15/2030 | 100 | 102 |
|  |  | 8798 |
| **INDUSTRIALS 22.7%**  |  |  |
| **Ahead DB Holdings LLC** <br>6.625% due 05/01/2028 | 300 | 301 |
| **Albertsons Cos., Inc.** <br>4.875% due 02/15/2030 | 50 | 49 |
| **Albion Financing SARL** <br>7.000% due 05/21/2030 | 400 | 409 |
| **Altice France SA** <br>8.125% due 02/01/2027 | 725 | 653 |
| **ams-OSRAM AG** <br>12.250% due 03/30/2029 | 225 | 240 |
| **Aris Water Holdings LLC** <br>7.250% due 04/01/2030 | 150 | 155 |
| **Ascent Resources Utica Holdings LLC**  |  |  |
| 6.625% due 10/15/2032  | 125 | 127 |
| 9.000% due 11/01/2027  | 100 | 123 |
| **Aston Martin Capital Holdings Ltd.** <br>10.000% due 03/31/2029 | 475 | 450 |
| **Axon Enterprise, Inc.**  |  |  |
| 6.125% due 03/15/2030  | 150 | 155 |
| 6.250% due 03/15/2033  | 50 | 52 |
| **B&G Foods, Inc.** <br>8.000% due 09/15/2028 | 100 | 96 |
| **Bausch Health Cos., Inc.** <br>4.875% due 06/01/2028 | 100 | 84 |
| **BC ULC** <br>3.500% due 02/15/2029 | 100 | 95 |
| **Beach Acquisition Bidco LLC (10.000% Cash or 10.750% PIK)** <br>10.000% due 07/15/2033 (a)(b) | 100 | 104 |
| **Block, Inc.** <br>6.500% due 05/15/2032 | 390 | 403 |
| **Builders FirstSource, Inc.** <br>5.000% due 03/01/2030 | 150 | 147 |
| **Carnival Corp.**  |  |  |
| 5.750% due 03/15/2030  | 300 | 305 |
| 6.125% due 02/15/2033  | 375 | 384 |
| **CCO Holdings LLC**  |  |  |
| 4.750% due 03/01/2030  | 500 | 485 |
| 5.375% due 06/01/2029  | 575 | 573 |
| **Cerdia Finanz GmbH** <br>9.375% due 10/03/2031 | 175 | 182 |
| **Charles River Laboratories International, Inc.** <br>3.750% due 03/15/2029 | 100 | 94 |
| **Chord Energy Corp.** <br>6.750% due 03/15/2033 | 350 | 358 |
| **Churchill Downs, Inc.** <br>4.750% due 01/15/2028 | 200 | 198 |
| **Clarivate Science Holdings Corp.**  |  |  |
| 3.875% due 07/01/2028  | 300 | 288 |
| 4.875% due 07/01/2029  | 150 | 141 |
| **Clear Channel Outdoor Holdings, Inc.** <br>7.750% due 04/15/2028 | 225 | 213 |
| **Clydesdale Acquisition Holdings, Inc.** <br>6.750% due 04/15/2032 | 100 | 103 |
| **Cogent Communications Group LLC** <br>6.500% due 07/01/2032 | 350 | 345 |
| **CommScope LLC**  |  |  |
| 4.750% due 09/01/2029  | 76 | 74 |
| 7.125% due 07/01/2028  | 50 | 49 |
| 8.250% due 03/01/2027  | 75 | 75 |
| **CommScope Technologies LLC** <br>5.000% due 03/15/2027 | 450 | 439 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Community** **Health Systems, Inc.**  |  |  |
| 6.000% due 01/15/2029  | 25 | 24 |
| 6.875% due 04/15/2029  | 275 | 219 |
| **CQP Holdco LP** <br>5.500% due 06/15/2031 | 300 | 297 |
| **Crowdstrike Holdings, Inc.** <br>3.000% due 02/15/2029 | 100 | 95 |
| **CSC Holdings LLC**  |  |  |
| 5.375% due 02/01/2028  | 50 | 46 |
| 5.500% due 04/15/2027  | 225 | 215 |
| 6.500% due 02/01/2029  | 225 | 183 |
| 7.500% due 04/01/2028  | 100 | 74 |
| 11.250% due 05/15/2028  | 100 | 100 |
| 11.750% due 01/31/2029  | 225 | 214 |
| **DaVita, Inc.**  |  |  |
| 6.750% due 07/15/2033  | 125 | 129 |
| 6.875% due 09/01/2032  | 125 | 130 |
| **Dcli Bidco LLC** <br>7.750% due 11/15/2029 | 150 | 152 |
| **Discovery Communications LLC** <br>3.625% due 05/15/2030 | 50 | 44 |
| **DT Midstream, Inc.** <br>4.125% due 06/15/2029 | 150 | 145 |
| **Dye & Durham Ltd.** <br>8.625% due 04/15/2029 | 100 | 105 |
| **EQT Corp.** <br>7.500% due 06/01/2030 | 100 | 110 |
| **Excelerate Energy LP** <br>8.000% due 05/15/2030 | 75 | 79 |
| **Frontier Communications Holdings LLC** <br>6.750% due 05/01/2029 | 100 | 101 |
| **Gap, Inc.** <br>3.625% due 10/01/2029 | 125 | 116 |
| **GFL Environmental, Inc.** <br>4.375% due 08/15/2029 | 200 | 194 |
| **Global Medical Response, Inc.** <br>9.500% due 10/31/2028 | 355 | 357 |
| **Global Partners LP** <br>7.125% due 07/01/2033 | 75 | 76 |
| **Goat Holdco LLC** <br>6.750% due 02/01/2032 | 200 | 203 |
| **goeasy Ltd.**  |  |  |
| 6.875% due 05/15/2030  | 150 | 151 |
| 7.625% due 07/01/2029  | 175 | 181 |
| 9.250% due 12/01/2028  | 500 | 529 |
| **Gray Media, Inc.** <br>4.750% due 10/15/2030 | 575 | 436 |
| **Griffon Corp.** <br>5.750% due 03/01/2028 | 250 | 250 |
| **Gulfport Energy Operating Corp.** <br>6.750% due 09/01/2029 | 150 | 154 |
| **GYP Holdings Corp.** <br>4.625% due 05/01/2029 | 300 | 301 |
| **Herc Holdings, Inc.** <br>7.000% due 06/15/2030 | 350 | 366 |
| **Hilton Domestic Operating Co., Inc.** <br>3.750% due 05/01/2029 | 100 | 96 |
| **Hologic, Inc.** <br>3.250% due 02/15/2029 | 250 | 238 |
| **Howard Midstream Energy Partners LLC** <br>8.875% due 07/15/2028 | 300 | 315 |
| **Imola Merger Corp.** <br>4.750% due 05/15/2029 | 275 | 266 |
| **IQVIA, Inc.** <br>6.250% due 06/01/2032 | 250 | 257 |
| **JELD-WEN, Inc.** <br>4.875% due 12/15/2027 | 175 | 163 |
| **KBR, Inc.** <br>4.750% due 09/30/2028 | 400 | 385 |
| **Kraken Oil & Gas Partners LLC** <br>7.625% due 08/15/2029 | 350 | 344 |
| **LBM Acquisition LLC** <br>6.250% due 01/15/2029 | 200 | 174 |
| **Level 3 Financing, Inc.** <br>11.000% due 11/15/2029 | 56 | 64 |
| **LifePoint Health, Inc.** <br>8.375% due 02/15/2032 | 200 | 213 |
| **Live Nation Entertainment, Inc.** <br>3.750% due 01/15/2028 | 100 | 97 |
| **Magnolia Oil & Gas Operating LLC** <br>6.875% due 12/01/2032 | 150 | 151 |
| **Matador Resources Co.**  |  |  |
| 6.250% due 04/15/2033  | 200 | 199 |
| 6.500% due 04/15/2032  | 100 | 100 |
| **Mauser Packaging Solutions Holding Co.** <br>7.875% due 04/15/2027 | 200 | 204 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MEG** **Energy Corp.** <br>5.875% due 02/01/2029 | 250 | 250 |
| **Merlin Entertainments Group U.S. Holdings, Inc.** <br>7.375% due 02/15/2031 | 600 | 537 |
| **MGM Resorts International** <br>5.500% due 04/15/2027 | 125 | 126 |
| **Mineral Resources Ltd.** <br>9.250% due 10/01/2028 | 400 | 410 |
| **Molina Healthcare, Inc.** <br>4.375% due 06/15/2028 | 200 | 196 |
| **MPH Acquisition Holdings LLC** <br>5.750% due 12/31/2030 | 121 | 100 |
| **MPH Acquisition Holdings LLC (6.500% Cash and 5.000% PIK)** <br>11.500% due 12/31/2030 (b) | 63 | 63 |
| **NCL Corp. Ltd.** <br>8.125% due 01/15/2029 | 175 | 185 |
| **NCR Atleos Corp.** <br>9.500% due 04/01/2029 | 150 | 164 |
| **NCR Voyix Corp.** <br>5.125% due 04/15/2029 | 25 | 25 |
| **Neptune Bidco U.S., Inc.** <br>9.290% due 04/15/2029 | 250 | 244 |
| **Newell Brands, Inc.** <br>8.500% due 06/01/2028 | 50 | 53 |
| **Newfold Digital Holdings Group, Inc.** <br>11.750% due 10/15/2028 « | 200 | 151 |
| **Nexstar Media, Inc.** <br>4.750% due 11/01/2028 | 150 | 146 |
| **Northriver Midstream Finance LP** <br>6.750% due 07/15/2032 | 250 | 259 |
| **NOVA Chemicals Corp.** <br>4.250% due 05/15/2029 | 75 | 72 |
| **Novelis Corp.**  |  |  |
| 4.750% due 01/30/2030  | 300 | 288 |
| 6.875% due 01/30/2030  | 75 | 78 |
| **NuStar Logistics LP** <br>6.000% due 06/01/2026  | 100 | 100 |
| **Olympus Water U.S. Holding Corp.**  |  |  |
| 7.125% due 10/01/2027  | 150 | 153 |
| 7.250% due 06/15/2031  | 100 | 102 |
| **ON Semiconductor Corp.** <br>3.875% due 09/01/2028 | 200 | 194 |
| **Open Text Corp.** <br>3.875% due 02/15/2028 | 275 | 267 |
| **Organon & Co.**  |  |  |
| 4.125% due 04/30/2028  | 400 | 385 |
| 6.750% due 05/15/2034  | 125 | 120 |
| **Performance Food Group, Inc.** <br>4.250% due 08/01/2029 | 250 | 241 |
| **Permian Resources Operating LLC** <br>6.250% due 02/01/2033 | 300 | 303 |
| **PetSmart, Inc.** <br>4.750% due 02/15/2028 | 200 | 195 |
| **Post Holdings, Inc.** <br>6.250% due 10/15/2034 | 175 | 176 |
| **Prime Healthcare Services, Inc.** <br>9.375% due 09/01/2029 | 175 | 174 |
| **Prime Security Services Borrower LLC** <br>3.375% due 08/31/2027 | 100 | 97 |
| **Primo Water Holdings, Inc.** <br>4.375% due 04/30/2029 | 100 | 97 |
| **Quikrete Holdings, Inc.** <br>6.375% due 03/01/2032 | 75 | 77 |
| **QXO Building Products, Inc.** <br>6.750% due 04/30/2032 | 400 | 413 |
| **Radiology Partners, Inc.** <br>8.500% due 07/15/2032 | 125 | 125 |
| **Raising Cane's Restaurants LLC** <br>9.375% due 05/01/2029 | 100 | 106 |
| **Rakuten Group, Inc.** <br>8.125% due 12/15/2029 •(d) | 75 | 74 |
| **Rand Parent LLC** <br>8.500% due 02/15/2030 | 300 | 301 |
| **Raven Acquisition Holdings LLC** <br>6.875% due 11/15/2031 | 175 | 175 |
| **Rivers Enterprise Borrower LLC** <br>6.625% due 02/01/2033 | 25 | 25 |
| **Sable International Finance Ltd.** <br>7.125% due 10/15/2032 | 400 | 401 |
| **SCIH Salt Holdings, Inc.** <br>4.875% due 05/01/2028 | 225 | 219 |
| **Scripps Escrow, Inc.** <br>3.875% due 01/15/2029 | 50 | 44 |
| **Seagate Data Storage Technology Pte Ltd.**  |  |  |
| 4.091% due 06/01/2029  | 125 | 120 |
| 8.250% due 12/15/2029  | 100 | 107 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Seagate** **Data Storage Technology Pte. Ltd.** <br>5.875% due 07/15/2030 | 300 | 305 |
| **Sitio Royalties Operating Partnership LP** <br>7.875% due 11/01/2028 | 300 | 314 |
| **SM Energy Co.**  |  |  |
| 6.750% due 08/01/2029  | 100 | 100 |
| 7.000% due 08/01/2032  | 100 | 99 |
| **Snap, Inc.** <br>6.875% due 03/01/2033 | 150 | 154 |
| **Sotera Health Holdings LLC** <br>7.375% due 06/01/2031 | 275 | 286 |
| **Specialty Building Products Holdings LLC** <br>7.750% due 10/15/2029 | 400 | 393 |
| **Spirit AeroSystems, Inc.** <br>9.750% due 11/15/2030 | 400 | 442 |
| **Stagwell Global LLC** <br>5.625% due 08/15/2029 | 150 | 144 |
| **Standard Industries, Inc.** <br>4.750% due 01/15/2028 | 200 | 198 |
| **Station Casinos LLC** <br>4.500% due 02/15/2028 | 275 | 270 |
| **Strathcona Resources Ltd.** <br>6.875% due 08/01/2026 | 450 | 450 |
| **Surgery Center Holdings, Inc.** <br>7.250% due 04/15/2032 | 250 | 255 |
| **TEGNA, Inc.**  |  |  |
| 4.625% due 03/15/2028  | 325 | 317 |
| 5.000% due 09/15/2029  | 100 | 96 |
| **Tenet Healthcare Corp.** <br>4.375% due 01/15/2030 | 100 | 97 |
| **Tidewater, Inc.** <br>9.125% due 07/15/2030 (a) | 75 | 77 |
| **TK Elevator U.S. Newco, Inc.** <br>5.250% due 07/15/2027 | 25 | 25 |
| **TopBuild Corp.** <br>4.125% due 02/15/2032 | 325 | 302 |
| **Transocean Aquila Ltd.** <br>8.000% due 09/30/2028 | 122 | 124 |
| **TreeHouse Foods, Inc.** <br>4.000% due 09/01/2028 | 150 | 137 |
| **TriNet Group, Inc.** <br>3.500% due 03/01/2029 | 100 | 94 |
| **Triumph Group, Inc.** <br>9.000% due 03/15/2028 | 554 | 579 |
| **Twilio, Inc.** <br>3.625% due 03/15/2029 | 100 | 95 |
| **United Rentals North America, Inc.** <br>4.875% due 01/15/2028 | 50 | 50 |
| **Univision Communications, Inc.**  |  |  |
| 4.500% due 05/01/2029  | 175 | 159 |
| 8.500% due 07/31/2031  | 175 | 175 |
| **USA Compression Partners LP** <br>7.125% due 03/15/2029 | 150 | 154 |
| **Valaris Ltd.** <br>8.375% due 04/30/2030 | 275 | 282 |
| **Venture Global LNG, Inc.**  |  |  |
| 7.000% due 01/15/2030  | 250 | 253 |
| 9.875% due 02/01/2032  | 650 | 702 |
| **Venture Global Plaquemines LNG LLC**  |  |  |
| 6.500% due 01/15/2034 (a)  | 75 | 75 |
| 6.750% due 01/15/2036 (a)  | 75 | 75 |
| **Vertiv Group Corp.** <br>4.125% due 11/15/2028 | 100 | 98 |
| **Viking Cruises Ltd.** <br>5.875% due 09/15/2027 | 100 | 100 |
| **Virgin Media Vendor Financing Notes DAC** <br>5.000% due 07/15/2028 | 175 | 171 |
| **VOC Escrow Ltd.** <br>5.000% due 02/15/2028 | 100 | 100 |
| **Walgreens Boots Alliance, Inc.** <br>8.125% due 08/15/2029 | 225 | 239 |
| **Warnermedia Holdings, Inc.**  |  |  |
| 3.755% due 03/15/2027  | 50 | 49 |
| 4.279% due 03/15/2032  | 100 | 85 |
| 5.050% due 03/15/2042  | 125 | 85 |
| **Waste Pro USA, Inc.** <br>7.000% due 02/01/2033 | 75 | 78 |
| **Wayfair LLC**  |  |  |
| 7.250% due 10/31/2029  | 100 | 100 |
| 7.750% due 09/15/2030  | 250 | 252 |
| **Whirlpool Corp.** <br>6.125% due 06/15/2030 | 50 | 50 |
| **Williams Scotsman, Inc.** <br>6.625% due 06/15/2029 | 100 | 103 |
| **Wynn Resorts Finance LLC** <br>6.250% due 03/15/2033 | 100 | 101 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Zayo** **Group Holdings, Inc.** <br>4.000% due 03/01/2027 | 200 | 188 |
| **Zegona Finance PLC** <br>8.625% due 07/15/2029 | 150 | 160 |
| **ZoomInfo Technologies LLC** <br>3.875% due 02/01/2029 | 200 | 188 |
|  |  | 34554 |
| **UTILITIES 1.1%**  |  |  |
| **Aethon United BR LP** <br>7.500% due 10/01/2029 | 250 | 262 |
| **Antero Midstream Partners LP** <br>6.625% due 02/01/2032 | 75 | 78 |
| **Calpine Corp.**  |  |  |
| 4.500% due 02/15/2028  | 175 | 174 |
| 5.125% due 03/15/2028  | 250 | 250 |
| **ContourGlobal Power Holdings SA** <br>6.750% due 02/28/2030 | 325 | 335 |
| **Edison International** <br>8.125% due 06/15/2053 •  | 75 | 73 |
| **Genesis Energy LP** <br>8.000% due 05/15/2033 | 100 | 105 |
| **NRG Energy, Inc.**  |  |  |
| 3.375% due 02/15/2029  | 150 | 142 |
| 5.750% due 07/15/2029  | 25 | 25 |
| **Tallgrass Energy Partners LP** <br>6.000% due 09/01/2031 | 25 | 24 |
| **Vistra Operations Co. LLC** <br>6.875% due 04/15/2032 | 200 | 209 |
|  |  | 1677 |
| Total Corporate Bonds & Notes (Cost $43,878) |  | 45029 |
| **U.S. TREASURY OBLIGATIONS 0.4%**  |  |  |
| **U.S. Treasury Notes**  |  |  |
| 3.875% due 08/15/2034 | 575 | 562 |
| 4.125% due 10/31/2031 | 100 | 101 |
| Total U.S. Treasury Obligations (Cost $655) |  | 663 |
|  | SHARES |  |
| **COMMON STOCKS 0.3%**  |  |  |
| **ENERGY 0.0%**  |  |  |
| **New Fortress Energy, Inc. (c)** | 4142 | 14 |
| **HEALTH CARE 0.3%**  |  |  |
| **Amsurg Equity «(c)(f)** | 11642 | 525 |
| Total Common Stocks (Cost $487) |  | 539 |
| **SHORT-TERM INSTRUMENTS 1.0%**  |  |  |
| **MUTUAL FUNDS 1.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class**<br> 4.380% (e) | 1465464 | 1465 |
| Total Short-Term Instruments (Cost $1,465) |  | 1465 |
| Total Investments in Securities (Cost $138,555) |  | 139925 |
| **INVESTMENTS IN AFFILIATES 8.5%**  |  |  |
| **SHORT-TERM INSTRUMENTS 8.5%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 8.5%**  |  |  |
| **PIMCO Short-Term Floating NAV Portfolio III** | 1321539 | 12868 |
| Total Short-Term Instruments (Cost $12,865) |  | 12868 |
| Total Investments in Affiliates (Cost $12,865) |  | 12868 |
| Total Investments 100.4% (Cost $151,420) |  | $152793 |
| **Financial Derivative Instruments (g) 0.1**%(Cost or Premiums, net $1,200) |  | 88 |
| Other Assets and Liabilities, net (0.5)% |  | (749) |
| Net Assets 100.0% |  | $152132 |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **µ** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** | **All or a portion of this amount represents unfunded loan commitments. The interest rate for the unfunded portion will be determined at the time of funding.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(b)** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** | **Payment in-kind security.** |
| **(c)** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** | **Security did not produce income within the last twelve months.** |
| **(d)** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** | **Perpetual maturity; date shown, if applicable, represents next contractual call date.** |
| **(e)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(f)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description |  |  | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets |
| Amsurg Equity | Amsurg Equity | Amsurg Equity |  |  | 11/02/2023 – 11/06/2023 | $487 | 487 | $ | 525 | 0.35% |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u><sup>(5)</sup> | <u>Variation Margin</u><sup>(5)</sup> | <u>Variation Margin</u><sup>(5)</sup> |
| Description | Description | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 23 | 4785 | 21 | 21 | 1 | 1 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 66 | 7194 | 78 | 78 | 9 | 9 | 0 |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 21 | 2355 | 40 | 40 | 7 | 7 | 0 |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **139** | **$** | **17** | **$** | **0** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| Bombardier, Inc.  | 06/20/2029 | 1.173 | % | $400 | 54 | 2 | 56 | 56 | 1 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Payment<br>Frequency | Maturity<br>Date |  | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Liability |
| CDX.HY-43 5-Year Index  | Quarterly | 12/20/2029 | $ | 5925 | 438 | 6 | 444 | 444 | 19 | 0 |
| CDX.HY-44 5-Year Index  | Quarterly | 06/20/2030 |  | 16050 | 643 | 589 | 1232 | 1232 | 56 | 0 |
|  |  |  |  |  | 1081 | 595 | 1676 | 1676 | 75 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Liability |
| Receive | Annual | 06/18/2032 | 06/18/2032 | 2775 | 65 | (17) | 48 | 48 | 0 | $(7) |

---

------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Total** **Swap Agreements** | **Total** **Swap Agreements** | **Total** **Swap Agreements** | **Total** **Swap Agreements** | **Total** **Swap Agreements** | **Total** **Swap Agreements** | **$** | $**1200** | **1200** | **1200** | $**580** | **580** | **580** | $**1780** | **1780** | **1780** | **76** | **$** | **(7)** |
| **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,571 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. | Unsettled variation margin asset of $2 for closed futures is outstanding at period end. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 2 | Level 3 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |  |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $0 | 0 | 0 | 0 | $ | 86574 | 86574 | $ | 5655 | 5655 | $ | 92229 | 92229 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |  |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | 0 | 0 | 0 | 0 |  | 8798 | 8798 |  | 0 | 0 |  | 8798 | 8798 |  |
| Industrials | Industrials | Industrials | Industrials | Industrials | 150 | 150 | 150 | 150 |  | 34253 | 34253 |  | 151 | 151 |  | 34554 | 34554 |  |
| Utilities | Utilities | Utilities | Utilities | Utilities | 0 | 0 | 0 | 0 |  | 1677 | 1677 |  | 0 | 0 |  | 1677 | 1677 |  |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 0 |  | 663 | 663 |  | 0 | 0 |  | 663 | 663 |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |  |
| Energy | Energy | Energy | Energy | Energy | 0 | 0 | 0 | 0 |  | 14 | 14 |  | 0 | 0 |  | 14 | 14 |  |
| Health Care | Health Care | Health Care | Health Care | Health Care | 0 | 0 | 0 | 0 |  | 0 | 0 |  | 525 | 525 |  | 525 | 525 |  |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | 0 | 0 | 0 | 0 |  | 0 | 0 |  | 0 | 0 |  | 0 | 0 |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 0 |  | 1465 | 1465 |  | 0 | 0 |  | 1465 | 1465 |  |
|  |  |  |  |  | $150 | 150 | 150 | 150 | $ | 133444 | 133444 | $ | 6331 | 6331 | $ | 139925 | 139925 |  |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |  |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |  |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $12868 | 12868 | 12868 | 12868 | $ | 0 | 0 | $ | 0 | 0 | $ | 12868 | 12868 |  |
| Total Investments | Total Investments | Total Investments | Total Investments | Total Investments | $13018 | 13018 | 13018 | 13018 | $ | 133444 | 133444 | $ | 6331 | 6331 | $ | 152793 | 152793 |  |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | 0 | $ | 93 | 93 | $ | 0 | 0 | $ | 93 | 93 |  |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | $0 | 0 | 0 | 0 | $ | (7) | (7) | $ | 0 | 0 | $ | (7) | (7) |  |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | 0 | $ | 86 | 86 | $ | 0 | 0 | $ | 86 | 86 |  |
| Totals | Totals | Totals | Totals | Totals | $13018 | 13018 | 13018 | 13018 | $ | 133530 | 133530 | $ | 6331 | 6331 | $ | 152879 | 152879 |  |
| **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** | **The following is a reconciliation of the fair valuations using significant unobservable inputs (Level 3) for the Fund during the period ended June 30, 2025:** |
| Category and Subcategory | Category and Subcategory | Beginning<br>Balance<br>at 03/31/2025 | Net<br>Sales/Settlements | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Accrued<br>Discounts/<br>(Premiums) | Realized<br>Gain/(Loss) | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<sup>(1)</sup> | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers into<br>Level 3 | Transfers out<br>of Level 3 | Transfers out<br>of Level 3 | Ending<br>Balance<br>at 06/30/2025 | Ending<br>Balance<br>at 06/30/2025 | Net Change in<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>on Investments<br>Held at<br>06/30/2025<sup>(1)</sup> |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | 5427 | $(2321) | $ | 2 | 2 | 19 | $ | $13 | 13 | $1641 | 1641 | 1641 | $(755) | (755) | $5655 | 5655 | $29 |
| Corporate Bonds & Notes | Corporate Bonds & Notes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Industrials | Industrials | 164 | 0 |  | 0 | 0 | 0 |  | (13) | (13) | 0 | 0 | 0 | 0 | 0 | 151 | 151 | (13) |
| Common Stocks | Common Stocks |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Energy | Energy | 33 | 0 |  | 0 | 0 | 0 |  | (19) | (19) | 0 | 0 | 0 | (14) | (14) | 0 | 0 | (19) |
| Health Care | Health Care | 544 | 0 |  | 0 | 0 | 0 |  | (19) | (19) | 0 | 0 | 0 | 0 | 0 | 525 | 525 | (19) |

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------

<br> Schedule of Investments PIMCO Low Duration Credit Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Totals | Totals | $6168 | 1629 | $ | $(2321) | $2 | $19 | $(38) | $1641 | $(769) | (769) | (769) | 6331 | $ | (21) |
| <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** | <br>**The following is a summary of significant unobservable inputs used in the fair valuations of assets and liabilities categorized within Level 3 of the fair value hierarchy:** |
|  |  |  |  |  |  |  |  |  |  |  |  | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) | (% Unless Noted Otherwise) |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Ending<br>Balance<br>at 06/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuation Technique | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs | &nbsp;&nbsp;&nbsp;&nbsp; Unobservable Inputs |  | Input Value(s) | Input Value(s) | Weighted Average | Weighted Average |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Loan Participations and Assignments | Loan Participations and Assignments | Loan Participations and Assignments | $1051 | 1051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 16.470 | 16.470 |  |  |
|  |  |  | 292 | 292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 77.000 | 77.000 |  |  |
|  |  |  | 4312 | 4312 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Third Party Vendor | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 98.313 - 102.250 | 98.313 - 102.250 | 100.693 | 100.693 |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Industrials | Industrials | Industrials | 151 | 151 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indicative Market Quotation | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote | &nbsp;&nbsp;&nbsp;&nbsp; Broker Quote |  | 75.500 | 75.500 |  |  |
| Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks | Common Stocks |
| Health Care | Health Care | Health Care | 525 | 525 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Comparable Companies | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | &nbsp;&nbsp;&nbsp;&nbsp; EBITDA Multiple | X | 16.470 | 16.470 |  |  |
| Total | Total | Total | $6331 | 6331 |  |  |  |  |  |  |  |  |  |  |  |
| <sup>(1)</sup> | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. | Any difference between Net Change in Unrealized Appreciation/(Depreciation) and Net Change in Unrealized Appreciation/(Depreciation) on Investments Held at June 30, 2025 may be due to an investment no longer held or categorized as Level 3 at period end. |

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------

<br> Schedule of Investments PIMCO Low Duration ESG Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 100.3% ¤** |  |  |
| **CORPORATE BONDS & NOTES 19.0%**  |  |  |
| **BANKING & FINANCE 15.5%**  |  |  |
| **American Express Co.** <br>5.645% due 04/23/2027 •  | $1000 | $1009 |
| **Asian Development Bank** <br>6.000% due 02/05/2026 | 11000 | 1934 |
| **Athene Global Funding** <br>3.046% due 02/23/2027 ~ | 600 | 710 |
| **Bank of America Corp.** <br>4.623% due 05/09/2029 •  | $700 | 705 |
| **Bank of Ireland Group PLC** <br>6.253% due 09/16/2026 •  | 3000 | 3010 |
| **Banque Federative du Credit Mutuel SA** <br>5.194% due 02/16/2028 | 400 | 408 |
| **Barclays PLC** <br>7.325% due 11/02/2026 •  | 800 | 807 |
| **BPCE SA**  |  |  |
| 5.975% due 01/18/2027 •  | 400 | 403 |
| 6.612% due 10/19/2027 •  | 800 | 819 |
| **Citibank NA** <br>4.876% due 11/19/2027 •  | 600 | 604 |
| **Cooperatieve Rabobank UA**  |  |  |
| 1.004% due 09/24/2026 •  | 2400 | 2380 |
| 5.002% due 08/28/2026 ~  | 500 | 501 |
| **CTP NV** <br>0.625% due 09/27/2026 | 1100 | 1262 |
| **Deutsche Bank AG** <br>4.999% due 09/11/2030 •  | $600 | 605 |
| **Digital Dutch Finco BV** <br>0.625% due 07/15/2025 | 2000 | 2354 |
| **Equinix, Inc.** <br>1.000% due 09/15/2025 | $1500 | 1488 |
| **Equitable Financial Life Global Funding** <br>1.300% due 07/12/2026 | 1700 | 1650 |
| **Goldman Sachs Bank USA** <br>5.125% due 05/21/2027 ~ | 800 | 802 |
| **Goldman Sachs Group, Inc.** <br>4.937% due 04/23/2028 •  | 800 | 807 |
| **HAT Holdings LLC** <br>3.375% due 06/15/2026 | 183 | 179 |
| **ING Groep NV** <br>1.400% due 07/01/2026 •  | 3100 | 3100 |
| **International Bank for Reconstruction & Development** <br>5.310% due 02/05/2026 | 26000 | 1455 |
| **JPMorgan Chase & Co.**  |  |  |
| 5.571% due 04/22/2028 •  | $1300 | 1327 |
| 6.070% due 10/22/2027 •  | 1000 | 1022 |
| **KEB Hana Bank** <br>5.375% due 04/23/2027 | 1500 | 1530 |
| **Metropolitan Life Global Funding** <br>0.950% due 07/02/2025 | 2000 | 2000 |
| **Morgan Stanley**  |  |  |
| 5.367% due 04/13/2028 ~  | 800 | 805 |
| 6.138% due 10/16/2026 •  | 1600 | 1607 |
| **Morgan Stanley Bank NA** <br>5.016% due 01/12/2029 •  | 800 | 813 |
| **Norinchukin Bank**  |  |  |
| 1.284% due 09/22/2026  | 2200 | 2114 |
| 5.094% due 10/16/2029  | 500 | 507 |
| 5.430% due 03/09/2028  | 600 | 612 |
| **OneMain Finance Corp.** <br>3.500% due 01/15/2027 | 800 | 784 |
| **Pacific Life Global Funding** <br>1.375% due 04/14/2026 | 1900 | 1858 |
| **Santander U.K. Group Holdings PLC** <br>6.833% due 11/21/2026 •  | 1200 | 1210 |
| **Sumitomo Mitsui Financial Group, Inc.** <br>5.464% due 01/13/2026 | 1200 | 1206 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>5.500% due 03/09/2028 | 400 | 412 |
| **Toronto-Dominion Bank** <br>5.264% due 12/11/2026 | 1200 | 1217 |

---

------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Toyota** **Motor Credit Corp.** <br>4.550% due 08/07/2026 | 200 | 201 |
| **UBS Group AG**  |  |  |
| 5.711% due 01/12/2027 •  | 1300 | 1308 |
| 7.750% due 03/01/2029 •  | 600 | 796 |
|  |  | 48321 |
| **INDUSTRIALS 2.1%**  |  |  |
| **BMW U.S. Capital LLC**  |  |  |
| 4.750% due 03/21/2028  | $430 | 435 |
| 5.050% due 08/11/2028  | 670 | 683 |
| **Denso Corp.** <br>4.420% due 09/11/2029 | 500 | 500 |
| **JSW Hydro Energy Ltd.** <br>4.125% due 05/18/2031 | 781 | 719 |
| **Smurfit Kappa Treasury ULC** <br>1.500% due 09/15/2027 | 800 | 924 |
| **Snam SpA** <br>5.000% due 05/28/2030 | $700 | 706 |
| **Weir Group PLC** <br>2.200% due 05/13/2026 | 2500 | 2439 |
|  |  | 6406 |
| **UTILITIES 1.4%**  |  |  |
| **AES Corp.** <br>5.450% due 06/01/2028 | 1000 | 1022 |
| **Electricite de France SA** <br>3.625% due 10/13/2025 | 500 | 498 |
| **Enel Finance International NV** <br>1.625% due 07/12/2026 | 1500 | 1456 |
| **NBN Co. Ltd.** <br>4.000% due 10/01/2027 | 300 | 299 |
| **Southern Power Co.** <br>0.900% due 01/15/2026 | 1000 | 979 |
|  |  | 4254 |
| Total Corporate Bonds & Notes (Cost $59,103) |  | 58981 |
| **MUNICIPAL BONDS & NOTES 0.7%**  |  |  |
| **CALIFORNIA 0.3%**  |  |  |
| **California Health Facilities Financing Authority Revenue Notes, Series 2020** <br>1.168% due 06/01/2026 | 1000 | 972 |
| **NEW YORK 0.4%**  |  |  |
| **New York City, New York Housing Development Corp. Revenue Notes, Series 2021**  |  |  |
| 0.923% due 11/01/2025  | 250 | 247 |
| 1.023% due 05/01/2026  | 650 | 633 |
| 1.123% due 11/01/2026  | 250 | 240 |
|  |  | 1120 |
| Total Municipal Bonds & Notes (Cost $2,150) |  | 2092 |
| **U.S. GOVERNMENT AGENCIES 35.8%**  |  |  |
| **Fannie Mae**  |  |  |
| 0.700% due 07/30/2025 | 8200 | 8176 |
| 1.000% due 01/25/2043 | 3 | 3 |
| 3.500% due 02/25/2043 (a) | 133 | 5 |
| 4.400% due 08/01/2029 •  | 1 | 1 |
| 4.735% due 12/25/2042 ~ | 2 | 2 |
| 4.770% due 09/25/2042 •  | 20 | 20 |
| 5.000% due 01/25/2040 - 07/25/2040 | 75 | 75 |
| 5.697% due 07/01/2042 •  | 3 | 3 |
| 5.747% due 09/01/2041 •  | 10 | 10 |
| 5.750% due 10/25/2035 | 2 | 2 |
| 5.931% due 02/01/2031 •  | 1 | 1 |
| 6.213% due 11/01/2035 •  | 2 | 2 |
| 6.315% due 05/01/2035 •  | 1 | 1 |
| 6.566% due 11/01/2034 •  | 1 | 1 |
| 7.268% due 11/01/2035 •  | 4 | 4 |
| 7.505% due 08/01/2035 •  | 13 | 13 |
| **Freddie Mac**  |  |  |
| 0.650% due 10/22/2025 - 10/27/2025 | 8200 | 8106 |
| 0.680% due 08/06/2025 | 8200 | 8169 |
| 0.800% due 10/28/2026 | 1700 | 1631 |
| 0.826% due 02/25/2031 | 2240 | 2007 |
| 1.241% due 09/25/2030 ~(a) | 13709 | 633 |
| 2.611% due 08/15/2044 •  | 94 | 97 |
| 2.875% due 04/25/2026 | 1900 | 1880 |
| 2.939% due 04/25/2029 | 1900 | 1820 |
| 3.000% due 01/01/2027 | 7 | 7 |
| 4.000% due 06/01/2048 | 354 | 335 |

---

------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.864% due 12/15/2042 •  | 301 | 298 |
| 5.000% due 10/01/2033 | 2 | 2 |
| 5.128% due 10/15/2037 •  | 18 | 18 |
| 5.599% due 02/25/2045 •  | 10 | 9 |
| 6.500% due 07/25/2043 | 29 | 30 |
| 6.826% due 06/01/2035 •  | 8 | 8 |
| 6.886% due 07/01/2035 •  | 2 | 2 |
| 7.171% due 08/01/2035 •  | 4 | 4 |
| **Ginnie Mae**  |  |  |
| 3.500% due 05/20/2049 - 08/20/2049 | 1444 | 1327 |
| 4.000% due 06/20/2048 | 520 | 486 |
| 4.739% due 10/20/2043 •  | 224 | 217 |
| 4.875% due 06/20/2027 •  | 1 | 1 |
| 4.883% due 04/20/2065 •  | 22 | 22 |
| 4.893% due 06/20/2065 •  | 25 | 25 |
| 4.906% due 02/20/2067 •  | 92 | 92 |
| 4.946% due 07/20/2067 •  | 133 | 133 |
| 5.000% due 05/20/2030 •  | 3 | 3 |
| 5.026% due 05/20/2066 •  | 8 | 8 |
| 5.046% due 04/20/2065 •  | 183 | 183 |
| 5.076% due 03/20/2065 •  | 348 | 348 |
| 5.096% due 11/20/2065 •  | 23 | 23 |
| 5.166% due 02/20/2066 •  | 18 | 17 |
| 5.216% due 10/20/2066 •  | 206 | 206 |
| 5.227% due 06/20/2067 •  | 460 | 466 |
| 5.262% due 08/20/2073 •  | 662 | 667 |
| 5.462% due 11/20/2072 •  | 3653 | 3714 |
| 5.472% due 11/20/2072 •  | 4168 | 4246 |
| 5.625% due 02/20/2032 •  | 3 | 2 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 07/01/2050 | 1494 | 1253 |
| 3.000% due 12/01/2026 - 04/01/2052 | 12922 | 11322 |
| 4.000% due 08/01/2047 - 10/01/2053 | 5979 | 5577 |
| 4.500% due 07/01/2053 - 10/01/2053 | 15415 | 14771 |
| 5.000% due 04/01/2053 - 11/01/2053 | 26981 | 26555 |
| 5.500% due 08/01/2053 | 796 | 797 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 07/01/2055 | 4100 | 3813 |
| 5.500% due 08/01/2055 | 1800 | 1798 |
| Total U.S. Government Agencies (Cost $112,554) |  | 111447 |
| **U.S. TREASURY OBLIGATIONS 14.7%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (b)** |  |  |
| 0.125% due 10/15/2025  | 618 | 616 |
| 0.375% due 07/15/2025  | 1758 | 1758 |
| 0.625% due 07/15/2032  | 2318 | 2163 |
| 1.125% due 01/15/2033  | 2154 | 2059 |
| **U.S. Treasury Notes**  |  |  |
| 3.625% due 05/15/2026 | 37300 | 37165 |
| 4.875% due 04/30/2026 (f) | 2000 | 2012 |
| Total U.S. Treasury Obligations (Cost $45,812) |  | 45773 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 10.1%**  |  |  |
| **Banc of America Funding Trust** <br>5.490% due 05/25/2035 ~ | 40 | 37 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.735% due 03/25/2033 ~  | 54 | 52 |
| 6.538% due 08/25/2034 ~  | 10 | 10 |
| **BBCCRE Trust** <br>3.966% due 08/10/2033 | 2200 | 2034 |
| **BCP Trust** <br>5.225% due 06/15/2038 •  | 2200 | 1985 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 5.939% due 01/25/2034 ~  | 3 | 3 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.905% due 09/25/2035 ~  | 5 | 3 |
| 5.467% due 05/25/2035 ~  | 12 | 11 |
| **Beast Mortgage Trust** <br>5.476% due 03/15/2036 •  | 1500 | 1345 |
| **BSREP Commercial Mortgage Trust** <br>5.376% due 08/15/2038 •  | 3153 | 3000 |
| **BX Trust** <br>5.061% due 04/15/2039 •  | 505 | 505 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 4.504% due 01/25/2037 •  | 18 | 16 |
| 6.490% due 05/25/2035 •  | 1 | 1 |
| 7.230% due 10/25/2035 •  | 1 | 2 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 5.138% due 11/25/2034 ~  | 9 | 8 |
| 5.395% due 02/20/2035 ~  | 2 | 2 |
| 6.248% due 02/20/2036 •  | 23 | 22 |
| **DROP Mortgage Trust** <br>5.576% due 10/15/2043 •  | 2200 | 2137 |

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<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Eurosail** **-U.K. PLC** <br>5.308% (BP0003M + 0.950%) due 06/13/2045 ~ | 279 | 383 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | $3259 | 3263 |
| **First Horizon Alternative Mortgage Securities Trust** <br>5.598% due 01/25/2035 ~ | 43 | 42 |
| **Gemgarto PLC** <br>5.124% due 12/16/2067 •  | 216 | 297 |
| **GMACM Mortgage Loan Trust** <br>3.678% due 11/19/2035 ~ | $4 | 3 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.429% due 11/25/2035 ~  | 13 | 11 |
| 4.857% due 06/25/2034 ~  | 4 | 4 |
| 5.293% due 09/25/2035 ~  | 12 | 12 |
| **JP Morgan Chase Commercial Mortgage Securities Trust**  |  |  |
| 5.436% due 06/15/2038 •  | 2200 | 2164 |
| 5.476% due 04/15/2038 •  | 2078 | 2079 |
| **JP Morgan Mortgage Trust** <br>5.750% due 01/25/2036 | 21 | 9 |
| **Morgan Stanley Capital Trust** <br>5.595% due 12/15/2038 •  | 1100 | 1059 |
| **One New York Plaza Trust** <br>5.376% due 01/15/2036 •  | 2200 | 2140 |
| **Prime Mortgage Trust** <br>4.834% due 02/25/2034 •  | 1 | 0 |
| **SFO Commercial Mortgage Trust** <br>5.576% due 05/15/2038 •  | 2200 | 2192 |
| **Starwood Mortgage Trust** <br>5.284% due 11/15/2036 •  | 1840 | 1834 |
| **Structured Adjustable Rate Mortgage Loan Trust**  |  |  |
| 5.799% due 01/25/2035 •  | 21 | 19 |
| 6.525% due 02/25/2034 ~  | 7 | 7 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 4.694% due 03/25/2037 •  | 34 | 13 |
| 4.932% due 07/19/2035 •  | 2 | 2 |
| 4.994% due 02/25/2036 •  | 6 | 5 |
| **SUMIT Mortgage Trust**  |  |  |
| 2.789% due 02/12/2041  | 1800 | 1609 |
| 2.850% due 02/12/2041  | 300 | 254 |
| **VASA Trust** <br>5.326% due 07/15/2039 •  | 2900 | 2820 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.974% due 12/25/2045 •  | 4 | 4 |
| 5.014% due 10/25/2045 •  | 25 | 25 |
| 5.174% due 11/25/2034 •  | 15 | 15 |
| 5.799% due 06/25/2042 •  | 2 | 2 |
| Total Non-Agency Mortgage-Backed Securities (Cost $32,703) |  | 31440 |
| **ASSET-BACKED SECURITIES 10.5%**  |  |  |
| **AUTOMOBILE SEQUENTIAL 1.2%**  |  |  |
| **BMW Vehicle Lease Trust** <br>4.430% due 06/26/2028 | 500 | 503 |
| **First Help Financial Issuer Trust** <br>5.690% due 02/15/2030 | 509 | 515 |
| **First Help Financial Trust**  |  |  |
| 4.430% due 01/18/2028  | 252 | 252 |
| 6.570% due 06/15/2028  | 296 | 299 |
| **Hertz Vehicle Financing LLC**  |  |  |
| 5.490% due 06/25/2027  | 1000 | 1005 |
| 5.570% due 09/25/2029  | 1000 | 1022 |
|  |  | 3596 |
| **CMBS OTHER 0.5%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.776% due 11/15/2036 •  | 933 | 935 |
| **MF1 Ltd.** <br>5.509% due 10/16/2036 •  | 697 | 697 |
|  |  | 1632 |
| **CREDIT CARD BULLET 0.3%**  |  |  |
| **Master Credit Card Trust** <br>5.153% due 01/21/2027 •  | 1000 | 1000 |
| **HOME EQUITY OTHER 0.5%**  |  |  |
| **Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates** <br>5.544% due 03/25/2035 •  | 753 | 748 |
| **Countrywide Asset-Backed Certificates Trust** <br>5.174% due 12/25/2034 •  | 719 | 706 |
| **GE-WMC Mortgage Securities Trust** <br>4.514% due 08/25/2036 •  | 2 | 1 |

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<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Morgan** **Stanley ABS Capital, Inc. Trust** <br>4.534% due 07/25/2036 •  | 8 | 3 |
| **NovaStar Mortgage Funding Trust** <br>4.754% due 05/25/2036 •  | 50 | 49 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.554% due 12/25/2036 •  | 39 | 8 |
| **Structured Asset Investment Loan Trust** <br>5.139% due 03/25/2034 •  | 34 | 35 |
|  |  | 1550 |
| **WHOLE LOAN COLLATERAL 0.0%**  |  |  |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>4.994% due 12/25/2035 •  | 17 | 16 |
| **OTHER ABS 8.0%**  |  |  |
| **37 Capital CLO Ltd.**  |  |  |
| 5.346% due 04/15/2035 •  | 1000 | 997 |
| 5.536% due 10/15/2034 •  | 1000 | 1001 |
| 5.546% due 07/15/2034 •  | 1500 | 1502 |
| **American Money Management Corp. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 700 | 700 |
| **Anchorage Capital CLO Ltd.** <br>5.369% due 01/20/2035 •  | 1000 | 997 |
| **Arbour CLO DAC** <br>3.155% due 12/15/2038 •  | 900 | 1061 |
| **Ares European CLO DAC** <br>3.266% due 10/21/2034 •  | 437 | 514 |
| **Avoca Static CLO DAC** <br>3.249% due 01/15/2035 •  | 463 | 545 |
| **College Avenue Student Loans LLC** <br>5.634% due 12/26/2047 •  | $1488 | 1486 |
| **GoodLeap Sustainable Home Solutions Trust** <br>2.100% due 05/20/2048 | 1562 | 1227 |
| **GreatAmerica Leasing Receivables Funding LLC** <br>4.520% due 10/15/2027 | 1100 | 1102 |
| **Greywolf CLO Ltd.** <br>5.502% due 04/22/2033 •  | 500 | 501 |
| **Loanpal Solar Loan Ltd.** <br>2.220% due 03/20/2048 | 730 | 593 |
| **Massachusetts Educational Financing Authority** <br>5.575% due 04/25/2038 •  | 4 | 4 |
| **Mosaic Solar Loan Trust** <br>2.640% due 01/20/2053 | 1483 | 1277 |
| **Ocean Trails CLO**  |  |  |
| 5.546% due 07/15/2034 •  | 1500 | 1502 |
| 5.556% due 10/15/2034 •  | 1000 | 1001 |
| **Palmer Square European Loan Funding DAC** <br>3.113% due 08/15/2033 •  | 925 | 1089 |
| **Regatta Funding Ltd.** <br>5.456% due 01/15/2033 •  | $974 | 974 |
| **Service Experts Issuer LLC** <br>2.670% due 02/02/2032 | 431 | 421 |
| **Sunnova Sol Issuer LLC**  |  |  |
| 2.790% due 02/22/2049  | 1994 | 1671 |
| 5.400% due 04/30/2058  | 476 | 459 |
| **Sunrun Demeter Issuer LLC** <br>2.270% due 01/30/2057 | 2534 | 2247 |
| **Tesla Sustainable Energy Trust** <br>5.080% due 06/21/2050 | 870 | 874 |
| **Trinitas CLO Ltd.** <br>5.379% due 10/20/2033 •  | 1100 | 1100 |
|  |  | 24845 |
| Total Asset-Backed Securities (Cost $33,438) |  | 32639 |
| **SOVEREIGN ISSUES 0.7%**  |  |  |
| **Cassa Depositi e Prestiti SpA** <br>5.875% due 04/30/2029 | 1000 | 1047 |
| **Development Bank of Japan, Inc.** <br>0.875% due 10/10/2025 | 680 | 798 |

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<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Korea** **Housing Finance Corp.** <br>4.875% due 08/27/2027 | $400 | 406 |
| Total Sovereign Issues (Cost $2,202) |  | 2251 |
| **SHORT-TERM INSTRUMENTS 8.8%**  |  |  |
| **REPURCHASE AGREEMENTS (c) 8.8%** |  | 27300 |
| Total Short-Term Instruments (Cost $27,300) |  | 27300 |
| Total Investments in Securities (Cost $315,262) |  | 311923 |
| Total Investments 100.3% (Cost $315,262) |  | $311923 |
| **Financial Derivative Instruments (d)(e) (0.3)**%(Cost or Premiums, net $470) |  | (789) |
| Other Assets and Liabilities, net (0.0)% |  | (37) |
| Net Assets 100.0% |  | $311097 |

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------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(c)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| SAL | 07/01/2025 | 27300 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | $(27857) | (27857) | (27857) | $ | 27300 | $ | $27303 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  |  |  | $**(27857)** | **(27857)** | **(27857)** | **$** | **27300** | **$** | $**27303** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% | U.S. Government Agencies (4.3)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 2.500% | 08/01/2055 | $600 | 600 | 600 | $ | $(494) | (494) | $ | $(498) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 07/01/2055 | 14200 | 14200 | 14200 |  | (12058) | (12058) |  | (12289) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 5.000 | 07/01/2055 | 700 | 700 | 700 |  | (677) | (677) |  | (686) |
| **Total Short Sales (4.3)%** | **Total Short Sales (4.3)%** | **Total Short Sales (4.3)%** | **Total Short Sales (4.3)%** | **Total Short Sales (4.3)%** | **Total Short Sales (4.3)%** | **Total Short Sales (4.3)%** |  |  |  |  |  | **$** | $**(13229)** | **(13229)** | **$** | $**(13473)** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** | **The average amount of borrowings outstanding during the period ended June 30, 2025 was $(51) at a weighted average interest rate of 4.339%. Average borrowings may include reverse repurchase agreements and sale-buyback transactions, if held during the period.** |
| **(d)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description |  | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  |  | 110.750 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) | (1) | (1) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 113.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) | (1) | (1) | (1) | (1) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | EUR | 117.250 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  |  | 118.500 | 07/25/2025 | 07/25/2025 | 07/25/2025 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  | $ | $(2) | (2) | (2) | (2) | $(2) | (2) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $ | $109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) | (1) | (1) | 0 | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  |  | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (2) | (2) | (2) | (2) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | (1) | (1) | (1) | (1) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | (2) | (2) | (2) | (2) | (3) | (3) |
|  |  |  |  |  |  |  |  |  |  | $ | $(6) | (6) | (6) | (6) | $(5) | (5) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(8)** | **(8)** | **(8)** | **(8)** | $**(7)** | **(7)** |

---

------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) |  | Asset | Asset |  | Liability |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 09/2025 | 1 | 1 | $ | 139 | 139 | (1) | (1) | (1) | $ | 0 | 0 | $ | 0 |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 09/2025 | 1 | 1 |  | 153 | 153 | (1) | (1) | (1) |  | 0 | 0 |  | (1) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 1173 | 1173 |  | 244011 | 244011 | 862 | 862 | 862 |  | 63 | 63 |  | (1) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 345 | 345 |  | 37605 | 37605 | 449 | 449 | 449 |  | 46 | 46 |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1309 | 1309 | 1309 | 1309 | 109 | 109 | $ | (2) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month |  | # of<br>Contracts |  | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 |  | 150 | $ | (16819) | (16819) | $(238) | (238) | (238) | (238) | 0 | 0 | 0 | (47) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 |  | 242 |  | (27652) | (27652) | (489) | (489) | (489) | (489) | 0 | 0 | 0 | (117) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (727) | (727) | (727) | (727) | 0 | 0 | $ | (164) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **582** | **582** | **582** | **582** | **109** | **109** | **$** | **(166)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> |  |  | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| Barclays Bank PLC  | Barclays Bank PLC  | Quarterly | 12/20/2025 | 12/20/2025 | 0.238 | 0.238 | 0.238 | % | EUR | EUR | 200 | 200 | 1 | $ | 0 | $ | 1 | 1 | 1 | 0 | 0 | 0 |
| Goldman Sachs Group, Inc.  | Goldman Sachs Group, Inc.  | Quarterly | 06/20/2026 | 06/20/2026 | 0.321 | 0.321 | 0.321 |  | $ | $ | $100 | 100 | 1 |  | 0 |  | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 2 | $ | 0 | $ | 2 | 2 | 2 | 0 | 0 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  |  |  | Notional<br>Amount<sup>(3)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | 1.000% | Quarterly | Quarterly | 06/20/2030 | 06/20/2030 | 06/20/2030 | $ | $ | $ | 100 | 100 | 1 | $ | 1 | $ | 2 | 2 | 2 | 0 | 0 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.500% | Annual | Annual | 03/19/2030 | 03/19/2030 | 03/19/2030 | GBP | GBP | 10100 | 10100 | $(276) | (276) | 150 | 150 | $(126) | (126) | (126) | $0 | 0 | $(1) |
| Pay | 1-Day GBP-SONIO Compounded-OIS | 1-Day GBP-SONIO Compounded-OIS | 3.930 | Annual | Annual | 01/06/2035 | 01/06/2035 | 01/06/2035 |  |  | 100 | 100 | 0 | 0 | (1) | (1) | (1) | (1) | (1) | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | Annual | 12/18/2025 | 12/18/2025 | 12/18/2025 | $ | $ | 3960 | 3960 | 27 | 27 | 6 | 6 | 33 | 33 | 33 | 0 | 0 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.150 | Annual | Annual | 06/15/2027 | 06/15/2027 | 06/15/2027 |  |  | 7100 | 7100 | (27) | (27) | (160) | (160) | (187) | (187) | (187) | 3 | 3 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 12/18/2029 | 12/18/2029 | 12/18/2029 |  |  | 3700 | 3700 | 8 | 8 | (47) | (47) | (39) | (39) | (39) | 0 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | Annual | 03/04/2030 | 03/04/2030 | 03/04/2030 |  |  | 400 | 400 | (1) | (1) | (6) | (6) | (7) | (7) | (7) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.623 | Annual | Annual | 10/31/2030 | 10/31/2030 | 10/31/2030 |  |  | 300 | 300 | 0 | 0 | (1) | (1) | (1) | (1) | (1) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.664 | Annual | Annual | 10/31/2030 | 10/31/2030 | 10/31/2030 |  |  | 200 | 200 | 0 | 0 | (1) | (1) | (1) | (1) | (1) | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.677 | Annual | Annual | 10/31/2030 | 10/31/2030 | 10/31/2030 |  |  | 100 | 100 | 0 | 0 | (1) | (1) | (1) | (1) | (1) | 0 | 0 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.689 | Annual | Annual | 10/31/2030 | 10/31/2030 | 10/31/2030 |  |  | 800 | 800 | 0 | 0 | (5) | (5) | (5) | (5) | (5) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.691 | Annual | Annual | 10/31/2030 | 10/31/2030 | 10/31/2030 |  |  | 300 | 300 | 0 | 0 | (2) | (2) | (2) | (2) | (2) | 0 | 0 | (1) |

---

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<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.722 | Annual | 10/31/2030 |  | 740 |  | 0 |  | (6) |  | (6) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | 10/31/2030 |  | 400 |  | 0 |  | (4) |  | (4) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.739 | Annual | 10/31/2030 |  | 200 |  | 0 |  | (2) |  | (2) |  | 0 |  | 0 |
| Receive<sup>(5)</sup> | Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 |  | 13400 |  | (3) |  | (202) |  | (205) |  | 0 |  | (35) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2032 |  | 7140 |  | 737 |  | 85 |  | 822 |  | 0 |  | (19) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | 08/05/2034 |  | 100 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.645 | Annual | 08/07/2034 |  | 200 |  | (1) |  | 3 |  | 2 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 08/28/2034 |  | 140 |  | (1) |  | 3 |  | 2 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.599 | Annual | 08/28/2034 |  | 120 |  | (1) |  | 2 |  | 1 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.605 | Annual | 08/28/2034 |  | 100 |  | (1) |  | 2 |  | 1 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.514 | Annual | 09/04/2034 |  | 100 |  | 0 |  | 2 |  | 2 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.408 | Annual | 09/05/2034 |  | 100 |  | (1) |  | 4 |  | 3 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.410 | Annual | 09/05/2034 |  | 100 |  | 0 |  | 3 |  | 3 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.278 | Annual | 09/16/2034 |  | 200 |  | (1) |  | 9 |  | 8 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.231 | Annual | 09/18/2034 |  | 100 |  | 0 |  | 4 |  | 4 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.248 | Annual | 09/18/2034 |  | 200 |  | (1) |  | 9 |  | 8 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 02/26/2035 |  | 50 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.908 | Annual | 03/04/2035 |  | 200 |  | (1) |  | (3) |  | (4) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 03/05/2035 |  | 100 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | 03/05/2035 |  | 300 |  | (1) |  | (3) |  | (4) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.899 | Annual | 03/11/2035 |  | 200 |  | (1) |  | (2) |  | (3) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 |  | 100 |  | 0 |  | (2) |  | (2) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 |  | 300 |  | (1) |  | (6) |  | (7) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | 03/24/2035 |  | 300 |  | (1) |  | (5) |  | (6) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | 03/25/2035 |  | 200 |  | (1) |  | (2) |  | (3) |  | 0 |  | (1) |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.700 | Annual | 08/13/2029 | EUR | 200 |  | 0 |  | (8) |  | (8) |  | 0 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.650 | Annual | 08/14/2029 |  | 100 |  | 0 |  | (4) |  | (4) |  | 0 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.300 | Annual | 09/25/2029 |  | 100 |  | 0 |  | (2) |  | (2) |  | 0 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.400 | Annual | 04/09/2030 |  | 200 |  | (1) |  | (1) |  | (2) |  | 0 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.680 | Annual | 08/07/2034 |  | 100 |  | 0 |  | (3) |  | (3) |  | 0 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.390 | Annual | 10/01/2034 |  | 200 |  | (1) |  | 2 |  | 1 |  | 1 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.520 | Annual | 04/09/2035 |  | 100 |  | 0 |  | 1 |  | 1 |  | 0 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 2.530 | Annual | 04/23/2035 |  | 100 |  | 0 |  | 1 |  | 1 |  | 0 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 2.400 | Annual | 02/12/2035 |  | 100 |  | 0 |  | 2 |  | 2 |  | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.420 | Annual | 03/07/2035 |  | 100 |  | 0 |  | (2) |  | (2) |  | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.460 | Annual | 03/13/2035 |  | 100 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.610 | Annual | 03/24/2035 |  | 100 |  | 0 |  | 0 |  | 0 |  | 0 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 2.460 | Annual | 04/01/2035 |  | 100 |  | 0 |  | (1) |  | (1) |  | 0 |  | 0 |
|  |  |  |  |  |  |  |  | $450 | 450 | $(198) | (198) | $252 | 252 | $4 | 4 | $(78) | (78) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**453** | **453** | $**(197)** | **(197)** | $**256** | **256** | $**4** | **4** | $**(78)** | **(78)** |
| **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,794 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |

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<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| <sup>(</sup><sup>2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(e)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Currency to<br>be Delivered | Currency to<br>be Received | Currency to<br>be Received | Asset | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | $95 | 147 | 147 | $1 | $0 |
|  |  | 07/2025  | 466 | 775 | 775 | 6 | 0 |
|  |  | 08/2025  | 147 | $96 | 96 | 0 | (1) |
|  |  | 08/2025  | 775 | 467 | 467 | 0 | (6) |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 8646 | 9831 | 9831 | 0 | (354) |
|  |  | 07/2025  | 8014844 | 491 | 491 | 0 | (3) |
|  |  | 07/2025  | 6 | 4 | 4 | 0 | 0 |
|  |  | 07/2025  | $268 | 365884 | 365884 | 2 | 0 |
|  |  | 08/2025  | 4 | 6 | 6 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 78 | $2 | 2 | 0 | 0 |
|  |  | 07/2025  | 140 | 4 | 4 | 0 | (1) |
|  |  | 07/2025  | $48 | 781173 | 781173 | 0 | 0 |
|  |  | 07/2025  | 130 | 4302 | 4302 | 3 | 0 |
|  |  | 08/2025  | 137 | $4 | 4 | 0 | (1) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | $876 | 644 | 644 | 8 | 0 |
|  |  | 07/2025  | 1 | 195 | 195 | 0 | 0 |
|  |  | 07/2025  | 10 | 38 | 38 | 0 | 0 |
|  |  | 07/2025  | 12628 | $699 | 699 | 0 | (13) |
|  |  | 08/2025  | 644 | 876 | 876 | 0 | (8) |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 746476 | 543 | 543 | 0 | (9) |
|  |  | 07/2025  | 4089 | 123 | 123 | 0 | (3) |
|  |  | 07/2025  | 143 | 4 | 4 | 0 | (1) |
|  |  | 07/2025  | $87 | 1413951 | 1413951 | 0 | 0 |
|  |  | 07/2025  | 169 | 232193 | 232193 | 2 | 0 |
|  |  | 07/2025  | 52 | 1736 | 1736 | 2 | 0 |
|  |  | 07/2025  | 995 | 29553 | 29553 | 23 | 0 |
|  |  | 08/2025  | 980 | $11 | 11 | 0 | 0 |
|  |  | 08/2025  | 418 | 13 | 13 | 0 | (2) |
|  |  | 08/2025  | $41 | 3567 | 3567 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 10031 | 8646 | 8646 | 154 | 0 |
|  |  | 07/2025  | 35 | 1029 | 1029 | 1 | 0 |
|  |  | 08/2025  | 8627 | $10031 | 10031 | 0 | (154) |
|  |  | 08/2025  | 487 | 6 | 6 | 0 | 0 |
|  |  | 09/2025  | $0 | 2 | 2 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 147 | $95 | 95 | 0 | (2) |
|  |  | 07/2025  | 11291 | 1975 | 1975 | 0 | (103) |
|  |  | 07/2025  | 64 | 77 | 77 | 0 | (3) |
|  |  | 07/2025  | 61328 | 421 | 421 | 0 | (4) |
|  |  | 07/2025  | $2044 | 11291 | 11291 | 34 | 0 |
|  |  | 07/2025  | 79 | 64 | 64 | 1 | 0 |
|  |  | 07/2025  | 749 | 107387 | 107387 | 0 | (3) |
|  |  | 08/2025  | 63 | $80 | 80 | 0 | (1) |
|  |  | 08/2025  | 347 | 4 | 4 | 0 | 0 |
|  |  | 08/2025  | $421 | 61102 | 61102 | 5 | 0 |
|  |  | 09/2025  | 11464 | $2044 | 2044 | 0 | (33) |
|  |  | 09/2025  | 1776 | 91 | 91 | 0 | (3) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 58329 | 1793 | 1793 | 0 | (215) |
|  |  | 07/2025  | $21 | 334748 | 334748 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 775 | $462 | 462 | 0 | (10) |
|  |  | 07/2025  | 141 | 4 | 4 | 0 | (1) |
|  |  | 07/2025  | $14 | 19336 | 19336 | 0 | 0 |
|  |  | 07/2025  | 108 | 404 | 404 | 5 | 0 |
|  |  | 07/2025  | 31 | 39 | 39 | 0 | 0 |
|  |  | 07/2025  | 111 | 3289 | 3289 | 3 | 0 |
|  |  | 07/2025  | 3581 | $200 | 200 | 0 | (1) |
|  |  | 08/2025  | 234 | 3 | 3 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 567 | 413 | 413 | 0 | (3) |
|  |  | 07/2025  | 98 | 76 | 76 | 0 | (1) |
|  |  | 07/2025  | 2053 | 62 | 62 | 0 | (1) |
|  |  | 07/2025  | 144 | 4 | 4 | 0 | (1) |
|  |  | 07/2025  | $412 | 567 | 567 | 4 | 0 |
|  |  | 07/2025  | 17 | 281093 | 281093 | 0 | 0 |
|  |  | 07/2025  | 33 | 4711 | 4711 | 0 | 0 |
|  |  | 07/2025  | 77 | 289 | 289 | 3 | 0 |

---

------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 07/2025  | 07/2025  | 74 | 74 | 74 | SGD | 95 | 95 | 95 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  | 78 | 78 | 78 | THB | 2601 | 2601 | 2601 |  | 2 | 2 | 2 |  | 0 |
|  |  | 07/2025  | 07/2025  | 93 | 93 | 93 | TWD | 2942 | 2942 | 2942 |  | 8 | 8 | 8 |  | 0 |
|  |  | 08/2025  | 08/2025  | 566 | 566 | 566 | $ | 412 | 412 | 412 |  | 0 | 0 | 0 |  | (4) |
|  |  | 08/2025  | 08/2025  | 137 | 137 | 137 |  | 4 | 4 | 4 |  | 0 | 0 | 0 |  | (1) |
|  |  | 08/2025  | 08/2025  | $76 | 76 | 76 | SGD | 98 | 98 | 98 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | 20623 | 20623 | 20623 | $ | 142 | 142 | 142 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | $17 | 17 | 17 | JPY | 2426 | 2426 | 2426 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 141 | 141 | 141 |  | 20547 | 20547 | 20547 |  | 2 | 2 | 2 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | 246 | 246 | 246 | IDR | 4006540 | 4006540 | 4006540 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 230 | 230 | 230 | $ | 2 | 2 | 2 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 20 | 20 | 20 |  | 15 | 15 | 15 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | $95 | 95 | 95 | IDR | 1556809 | 1556809 | 1556809 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 980 | 980 | 980 | TWD | 28982 | 28982 | 28982 |  | 18 | 18 | 18 |  | 0 |
|  |  | 08/2025  | 08/2025  | 170 | 170 | 170 | $ | 24 | 24 | 24 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 243 | 243 | 243 |  | 3 | 3 | 3 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 82 | 82 | 82 |  | 3 | 3 | 3 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $2 | 2 | 2 | JPY | 229 | 229 | 229 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 15 | 15 | 15 | SGD | 20 | 20 | 20 |  | 0 | 0 | 0 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  | 34038 | 34038 | 34038 | $ | 236 | 236 | 236 |  | 0 | 0 | 0 |  | (1) |
|  |  | 08/2025  | 08/2025  | $236 | 236 | 236 | JPY | 33913 | 33913 | 33913 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 644 | 644 | 644 | $ | 872 | 872 | 872 |  | 0 | 0 | 0 |  | (12) |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 332 | 332 | 332 |  | 10 | 10 | 10 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | $11 | 11 | 11 | JPY | 1583 | 1583 | 1583 |  | 0 | 0 | 0 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**291** | **291** | **291** | **$** | $**(961)** | **(961)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| DUB | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.750% | 3.750% | 3.750% | 10/30/2025 | 8900 | 8900 | 8900 | $48 | 48 | $ | $31 |
| FAR | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.750 | 3.750 | 3.750 | 08/01/2025 | 32200 | 32200 | 32200 | 196 | 196 |  | 28 |
| MYC | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 5.000 | 5.000 | 5.000 | 07/08/2025 | 37100 | 37100 | 37100 | 45 | 45 |  | 0 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**289** | **289** | **$** | $**59** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Description | Buy/Sell<br>Protection | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850% | 0.850% | 0.850% | 07/16/2025 | 200 | 200 | 200 | $0 | 0 | $ | $0 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Sell | 0.850 | 0.850 | 0.850 | 07/16/2025 | 300 | 300 | 300 | (1) | (1) |  | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $(1) | (1) | $ | $0 |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.770% | 3.770% | 3.770% | 07/09/2025 | 100 | 100 | 100 | $0 | 0 | $ | $(1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.120 | 4.120 | 4.120 | 07/09/2025 | 100 | 100 | 100 | 0 | 0 |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.637 | 3.637 | 3.637 | 07/18/2025 | 100 | 100 | 100 | 0 | 0 |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.037 | 4.037 | 4.037 | 07/18/2025 | 100 | 100 | 100 | 0 | 0 |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.700 | 3.700 | 3.700 | 07/21/2025 | 100 | 100 | 100 | 0 | 0 |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 4.050 | 4.050 | 4.050 | 07/21/2025 | 100 | 100 | 100 | 0 | 0 |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.555 | 3.555 | 3.555 | 07/24/2025 | 200 | 200 | 200 | (1) | (1) |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.905 | 3.905 | 3.905 | 07/24/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
| CBK | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.605 | 3.605 | 3.605 | 07/23/2025 | 200 | 200 | 200 | (1) | (1) |  | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.955 | 3.955 | 3.955 | 07/23/2025 | 200 | 200 | 200 | (1) | (1) |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 3.564 | 3.564 | 3.564 | 07/24/2025 | 100 | 100 | 100 | 0 | 0 |  | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.914 | 3.914 | 3.914 | 07/24/2025 | 100 | 100 | 100 | 0 | 0 |  | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | Receive | 2.460 | 2.460 | 2.460 | 07/16/2025 | 100 | 100 | 100 | 0 | 0 |  | 0 |

---

------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | Pay | 2.720 | 07/16/2025 | 100 | 100 | 0 | 0 | 0 |
| DUB | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 2.830 | 10/30/2025 | 8900 | 8900 | (18) | (18) | (5) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.290 | 10/30/2025 | 8900 | 8900 | (30) | (30) | (12) |
| FAR | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 2.750 | 08/01/2025 | 32200 | 32200 | (74) | (74) | (1) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.250 | 08/01/2025 | 32200 | 32200 | (122) | (122) | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.750 | 07/03/2025 | 200 | 200 | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.100 | 07/03/2025 | 200 | 200 | (1) | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.790 | 07/09/2025 | 100 | 100 | 0 | 0 | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.140 | 07/09/2025 | 100 | 100 | 0 | 0 | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.775 | 07/07/2025 | 400 | 400 | (1) | (1) | (4) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.125 | 07/07/2025 | 400 | 400 | (1) | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.653 | 07/14/2025 | 100 | 100 | 0 | 0 | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.053 | 07/14/2025 | 100 | 100 | 0 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.695 | 07/17/2025 | 100 | 100 | 0 | 0 | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.095 | 07/17/2025 | 100 | 100 | 0 | 0 | 0 |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.772 | 07/10/2025 | 200 | 200 | (1) | (1) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.122 | 07/10/2025 | 200 | 200 | (1) | (1) | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.715 | 07/02/2025 | 300 | 300 | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.065 | 07/02/2025 | 300 | 300 | (1) | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.725 | 07/03/2025 | 100 | 100 | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.075 | 07/03/2025 | 100 | 100 | (1) | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.669 | 07/07/2025 | 100 | 100 | (1) | (1) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.019 | 07/07/2025 | 100 | 100 | 0 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.664 | 07/14/2025 | 200 | 200 | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.064 | 07/14/2025 | 200 | 200 | (1) | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | Receive | 3.697 | 07/16/2025 | 200 | 200 | (1) | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.097 | 07/16/2025 | 200 | 200 | (1) | (1) | 0 |
|  |  |  |  |  |  |  |  |  | $(263) | (263) | $(40) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(264)** | **(264)** | $**(40)** |
| **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $618 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | $48321 | 48321 | $0 | 0 | $48321 | 48321 |
| Industrials | Industrials | Industrials | Industrials | 0 | 0 | 6406 | 6406 | 0 | 0 | 6406 | 6406 |
| Utilities | Utilities | Utilities | Utilities | 0 | 0 | 4254 | 4254 | 0 | 0 | 4254 | 4254 |
| Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes | Municipal Bonds & Notes |
| California | California | California | California | 0 | 0 | 972 | 972 | 0 | 0 | 972 | 972 |
| New York | New York | New York | New York | 0 | 0 | 1120 | 1120 | 0 | 0 | 1120 | 1120 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 111447 | 111447 | 0 | 0 | 111447 | 111447 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 45773 | 45773 | 0 | 0 | 45773 | 45773 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 31440 | 31440 | 0 | 0 | 31440 | 31440 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 3596 | 3596 | 0 | 0 | 3596 | 3596 |
| CMBS Other | CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 1632 | 1632 | 0 | 0 | 1632 | 1632 |
| Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | 0 | 0 | 1000 | 1000 | 0 | 0 | 1000 | 1000 |
| Home Equity Other | Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 1550 | 1550 | 0 | 0 | 1550 | 1550 |
| Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | Whole Loan Collateral | 0 | 0 | 16 | 16 | 0 | 0 | 16 | 16 |

---

------

<br> Schedule of Investments PIMCO Low Duration ESG Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| Other ABS | 0 | 24845 | 0 | 24845 |
| Sovereign Issues | 0 | 2251 | 0 | 2251 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Repurchase Agreements | 0 | 27300 | 0 | 27300 |
| Total Investments | $0 | $311923 | $0 | $311923 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | $0 | $(13473) | $0 | $(13473) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 0 | 113 | 0 | 113 |
| Over the counter | 0 | 350 | 0 | 350 |
|  | $0 | $463 | $0 | $463 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (1) | (250) | 0 | (251) |
| Over the counter | 0 | (1001) | 0 | (1001) |
|  | $(1) | $(1251) | $0 | $(1252) |
| Total Financial Derivative Instruments | $(1) | $(788) | $0 | $(789) |
| Totals | $(1) | $297662 | $0 | $297661 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 124.1% ¤** |  |  |
| **CORPORATE BONDS & NOTES 12.0%**  |  |  |
| **BANKING & FINANCE 8.1%**  |  |  |
| **ABN AMRO Bank NV**  |  |  |
| 4.718% due 01/22/2027  | $17900 | $18066 |
| 6.575% due 10/13/2026 •  | 5400 | 5428 |
| **Abu Dhabi Developmental Holding Co. PJSC** <br>5.375% due 05/08/2029 | 3900 | 4020 |
| **Athene Global Funding**  |  |  |
| 3.046% due 02/23/2027 ~  | 8200 | 9708 |
| 5.097% due 07/16/2026 •  | $16500 | 16525 |
| **Bank of America Corp.**  |  |  |
| 3.036% due 09/22/2026 ~  | 11600 | 13693 |
| 4.623% due 05/09/2029 •  | $15000 | 15097 |
| **Banque Federative du Credit Mutuel SA** <br>5.194% due 02/16/2028 | 5150 | 5248 |
| **Barclays PLC**  |  |  |
| 5.304% due 08/09/2026 •  | 8000 | 8002 |
| 7.325% due 11/02/2026 •  | 13400 | 13512 |
| **BGC Group, Inc.** <br>6.150% due 04/02/2030 | 3200 | 3245 |
| **BPCE SA** <br>6.612% due 10/19/2027 •  | 20200 | 20684 |
| **Citibank NA**  |  |  |
| 4.876% due 11/19/2027 •  | 6550 | 6592 |
| 4.929% due 08/06/2026  | 12900 | 12991 |
| 5.438% due 04/30/2026  | 14050 | 14162 |
| **Cooperatieve Rabobank UA**  |  |  |
| 1.004% due 09/24/2026 •  | 10400 | 10314 |
| 5.002% due 08/28/2026 ~  | 6800 | 6818 |
| **Danske Bank AS**  |  |  |
| 1.621% due 09/11/2026 •  | 500 | 497 |
| 5.427% due 03/01/2028 •  | 8000 | 8141 |
| **Deutsche Bank AG** <br>5.589% due 11/16/2027 ~ | 19000 | 19007 |
| **Extra Space Storage LP** <br>3.500% due 07/01/2026 | 7000 | 6931 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 5.125% due 11/05/2026  | 2000 | 1996 |
| 5.800% due 03/05/2027  | 6200 | 6251 |
| 5.918% due 03/20/2028  | 3500 | 3536 |
| 6.800% due 05/12/2028  | 200 | 207 |
| 7.350% due 11/04/2027  | 300 | 312 |
| **General Motors Financial Co., Inc.**  |  |  |
| 2.400% due 04/10/2028  | 350 | 329 |
| 5.050% due 04/04/2028  | 1550 | 1562 |
| 5.400% due 05/08/2027  | 14700 | 14920 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 4.937% due 04/23/2028 •  | 11900 | 11997 |
| 5.798% due 08/10/2026 •  | 25300 | 25336 |
| **Hardwood Funding LLC** <br>4.840% due 06/07/2028 «(g) | 1500 | 1509 |
| **HSBC Holdings PLC** <br>5.932% due 08/14/2027 ~ | 3200 | 3229 |
| **JPMorgan Chase & Co.**  |  |  |
| 1.470% due 09/22/2027 •  | 2700 | 2606 |
| 5.171% due 09/22/2027 ~  | 19100 | 19150 |
| 5.270% due 04/22/2028 ~  | 5000 | 5015 |
| 5.571% due 04/22/2028 •  | 2800 | 2858 |
| 6.070% due 10/22/2027 •  | 8300 | 8483 |
| **Metropolitan Life Global Funding**  |  |  |
| 0.950% due 07/02/2025  | 11250 | 11249 |
| 4.050% due 08/25/2025  | 18000 | 17984 |
| **Morgan Stanley** <br>5.367% due 04/13/2028 ~ | 7500 | 7545 |
| **Morgan Stanley Bank NA**  |  |  |
| 4.968% due 07/14/2028 •  | 800 | 810 |
| 5.016% due 01/12/2029 •  | 1600 | 1625 |
| **NatWest Group PLC**  |  |  |
| 5.583% due 03/01/2028 •  | 2800 | 2851 |
| 5.631% due 03/01/2028 ~  | 2400 | 2413 |
| 7.472% due 11/10/2026 •  | 5600 | 5656 |
| **Protective Life Global Funding** <br>4.850% due 07/22/2026 ~ | 9000 | 9011 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Royal** **Bank of Canada** <br>4.819% due 08/03/2026 ~ | 4800 | 4804 |
| **Santander Holdings USA, Inc.** <br>3.244% due 10/05/2026 | 3100 | 3053 |
| **Santander U.K. Group Holdings PLC** <br>6.833% due 11/21/2026 •  | 13300 | 13410 |
| **Stellantis Finance U.S., Inc.** <br>5.350% due 03/17/2028 | 2000 | 2017 |
| **Sumitomo Mitsui Financial Group, Inc.**  |  |  |
| 1.474% due 07/08/2025  | 22700 | 22686 |
| 5.464% due 01/13/2026  | 12600 | 12665 |
| **Swedbank AB** <br>5.337% due 09/20/2027 | 20000 | 20411 |
| **Toyota Motor Credit Corp.** <br>4.550% due 08/07/2026 | 4900 | 4918 |
| **UBS Group AG**  |  |  |
| 4.550% due 04/17/2026  | 2100 | 2101 |
| 4.703% due 08/05/2027 •  | 5000 | 5011 |
| 6.327% due 12/22/2027 •  | 700 | 719 |
| 6.373% due 07/15/2026 •  | 6200 | 6206 |
| **UBS Switzerland AG** <br>3.390% due 12/05/2025 | 8200 | 9710 |
| **Wells Fargo & Co.**  |  |  |
| 4.970% due 04/23/2029 •  | $16300 | 16530 |
| 5.133% due 01/24/2028 ~  | 15000 | 15014 |
| 5.707% due 04/22/2028 •  | 3400 | 3475 |
|  |  | 529851 |
| **INDUSTRIALS 3.2%**  |  |  |
| **AbbVie, Inc.** <br>4.800% due 03/15/2027 | 16100 | 16262 |
| **Adnoc Murban Rsc Ltd.** <br>4.250% due 09/11/2029 | 14700 | 14642 |
| **Bayer U.S. Finance LLC** <br>6.125% due 11/21/2026 | 600 | 610 |
| **BMW U.S. Capital LLC**  |  |  |
| 4.750% due 03/21/2028  | 11790 | 11929 |
| 5.050% due 08/11/2028  | 9996 | 10185 |
| **CommonSpirit Health** <br>1.547% due 10/01/2025 | 15500 | 15376 |
| **Continental Resources, Inc.** <br>2.268% due 11/15/2026 | 1200 | 1160 |
| **Global Payments, Inc.** <br>1.200% due 03/01/2026 | 3300 | 3223 |
| **Hyundai Capital America**  |  |  |
| 1.800% due 01/10/2028  | 200 | 186 |
| 4.875% due 06/23/2027  | 3300 | 3320 |
| 4.900% due 06/23/2028  | 3300 | 3324 |
| 5.509% due 08/04/2025 •  | 7500 | 7504 |
| 5.847% due 01/08/2027 ~  | 17300 | 17407 |
| **International Business Machines Corp.** <br>4.650% due 02/10/2028 | 13300 | 13457 |
| **Las Vegas Sands Corp.** <br>5.625% due 06/15/2028 | 9300 | 9489 |
| **Mercedes-Benz Finance North America LLC**  |  |  |
| 4.750% due 03/31/2028  | 11850 | 11951 |
| 4.900% due 11/15/2027  | 3350 | 3389 |
| **National Football League** <br>5.480% due 10/05/2028 «(g) | 2400 | 2442 |
| **Oracle Corp.** <br>5.120% due 08/03/2028 ~ | 3400 | 3416 |
| **Penske Truck Leasing Co. LP** <br>1.700% due 06/15/2026 | 11100 | 10800 |
| **Philip Morris International, Inc.** <br>4.125% due 04/28/2028 | 15000 | 14974 |
| **The Campbell's Co.** <br>5.300% due 03/20/2026 | 11300 | 11355 |
| **Volkswagen Group of America Finance LLC** <br>5.050% due 03/27/2028 | 23145 | 23284 |
|  |  | 209685 |
| **UTILITIES 0.7%**  |  |  |
| **AES Corp.** <br>1.375% due 01/15/2026 | 22500 | 22075 |
| **Enel Finance International NV** <br>1.625% due 07/12/2026 | 3200 | 3106 |
| **Eversource Energy** <br>0.800% due 08/15/2025 | 2300 | 2288 |
| **FirstEnergy Corp.** <br>3.900% due 07/15/2027 | 300 | 297 |
| **NextEra Energy Capital Holdings, Inc.** <br>5.159% due 02/04/2028 ~ | 5750 | 5780 |
| **Pacific Gas & Electric Co.** <br>5.339% due 09/04/2025 ~ | 2800 | 2800 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Southern** **California Edison Co.**  |  |  |
| 3.650% due 03/01/2028  | 700 | 681 |
| 4.700% due 06/01/2027  | 1100 | 1104 |
| 5.350% due 03/01/2026  | 4900 | 4925 |
| 5.650% due 10/01/2028  | 100 | 103 |
| 5.850% due 11/01/2027  | 600 | 615 |
| **Spire, Inc.** <br>5.300% due 03/01/2026 | 1500 | 1505 |
|  |  | 45279 |
| Total Corporate Bonds & Notes (Cost $779,260) |  | 784815 |
| **U.S. GOVERNMENT AGENCIES 41.4%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.000% due 01/25/2043 | 235 | 201 |
| 1.630% due 10/25/2042 •(a) | 8034 | 896 |
| 1.730% due 11/25/2042 •(a) | 7568 | 603 |
| 2.000% due 11/25/2046 | 12597 | 11745 |
| 2.080% due 10/01/2026 | 3780 | 3677 |
| 2.230% due 01/25/2042 •(a) | 808 | 115 |
| 2.500% due 05/25/2028 (a) | 1349 | 33 |
| 2.770% due 04/01/2026 | 2007 | 1979 |
| 3.150% due 03/01/2026 | 11350 | 11232 |
| 3.590% due 12/01/2025 | 11350 | 11277 |
| 4.250% due 05/25/2033 | 84 | 82 |
| 4.385% due 01/01/2028 •  | 1 | 1 |
| 4.496% due 12/25/2036 •  | 173 | 169 |
| 4.605% due 11/25/2050 •  | 964 | 912 |
| 4.670% due 01/25/2037 •  | 2 | 2 |
| 4.720% due 03/25/2037 •  | 324 | 319 |
| 4.735% due 12/25/2042 ~ | 479 | 479 |
| 4.770% due 03/25/2037 - 03/25/2044 •  | 260 | 256 |
| 4.780% due 03/25/2037 •  | 14 | 14 |
| 4.800% due 07/25/2037 •  | 358 | 354 |
| 4.820% due 06/25/2032 - 10/25/2040 •  | 48 | 48 |
| 4.870% due 12/25/2040 •  | 7 | 7 |
| 4.871% due 06/25/2034 •  | 32 | 31 |
| 4.887% due 12/01/2036 •  | 2 | 2 |
| 4.890% due 07/25/2037 •  | 442 | 440 |
| 4.914% due 09/25/2046 •  | 2006 | 1990 |
| 4.920% due 08/25/2037 •  | 16 | 16 |
| 5.090% due 03/25/2038 •  | 15 | 15 |
| 5.150% due 01/25/2051 •  | 954 | 955 |
| 5.170% due 03/25/2038 - 01/25/2040 •  | 192 | 192 |
| 5.201% due 03/01/2035 •  | 36 | 36 |
| 5.205% due 03/25/2055 •  | 8975 | 8973 |
| 5.255% due 11/25/2053 •  | 3069 | 3074 |
| 5.270% due 02/25/2040 •  | 115 | 115 |
| 5.355% due 01/25/2055 •  | 3749 | 3742 |
| 5.455% due 03/25/2055 •  | 12687 | 12688 |
| 5.465% due 03/25/2055 •  | 14061 | 14066 |
| 5.500% due 08/25/2034 | 265 | 267 |
| 5.524% due 07/25/2055 •  | 6500 | 6516 |
| 5.613% due 09/01/2034 •  | 2 | 1 |
| 5.697% due 07/01/2042 - 07/01/2044 •  | 91 | 92 |
| 5.747% due 09/01/2041 •  | 11 | 11 |
| 5.805% due 12/25/2054 •  | 17928 | 18073 |
| 5.897% due 10/01/2030 - 11/01/2039 •  | 64 | 64 |
| 6.118% due 03/01/2035 •  | 476 | 480 |
| 6.315% due 05/01/2035 •  | 20 | 20 |
| 6.375% due 01/01/2035 •  | 281 | 285 |
| 6.425% due 03/01/2035 •  | 42 | 43 |
| 6.435% due 12/01/2033 •  | 30 | 31 |
| 6.500% due 07/25/2031 - 09/01/2033 | 368 | 382 |
| 6.508% due 06/01/2035 •  | 75 | 77 |
| 6.537% due 11/01/2035 •  | 6 | 6 |
| 6.566% due 11/01/2034 •  | 54 | 54 |
| 6.578% due 04/01/2034 •  | 101 | 103 |
| 6.703% due 07/01/2035 •  | 56 | 57 |
| 6.810% due 06/01/2035 •  | 23 | 23 |
| 7.000% due 04/01/2034 | 6 | 6 |
| 7.095% due 10/01/2035 •  | 111 | 114 |
| 7.117% due 09/01/2032 •  | 95 | 96 |
| 7.202% due 08/01/2035 •  | 485 | 494 |
| 7.205% due 09/01/2035 •  | 5 | 5 |
| 7.220% due 11/01/2027 •  | 2 | 2 |
| 7.250% due 08/01/2029 •  | 28 | 28 |
| 7.312% due 07/01/2035 •  | 100 | 101 |
| 7.390% due 09/01/2035 •  | 81 | 82 |
| 7.505% due 08/01/2035 •  | 84 | 86 |
| **Freddie Mac**  |  |  |
| 0.650% due 10/27/2025 | 62200 | 61467 |
| 0.680% due 08/06/2025 | 32300 | 32176 |
| 0.800% due 10/28/2026 (j) | 83100 | 79718 |
| 1.250% due 10/15/2027 | 5011 | 4869 |
| 1.375% due 11/15/2027 | 3763 | 3659 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 1.532% due 08/15/2043 •(a) | 15223 | 1621 |
| 2.052% due 07/15/2036 •(a) | 654 | 66 |
| 2.500% due 10/25/2049 | 101 | 88 |
| 2.611% due 08/15/2044 •  | 4071 | 4185 |
| 2.732% due 08/15/2036 •(a) | 1681 | 193 |
| 2.862% due 07/25/2054 ~ | 9400 | 8820 |
| 2.920% due 01/25/2026 | 1682 | 1664 |
| 3.000% due 01/01/2027 | 101 | 99 |
| 3.000% due 03/15/2027 - 05/15/2027 (a) | 1476 | 25 |
| 3.250% due 10/25/2033 | 4428 | 4412 |
| 3.500% due 02/01/2047 - 06/01/2047 | 5959 | 5505 |
| 4.000% due 12/01/2047 | 1306 | 1239 |
| 4.550% due 08/15/2032 ~ | 3 | 3 |
| 4.694% due 08/25/2031 •  | 250 | 250 |
| 4.700% due 09/25/2031 •  | 336 | 334 |
| 4.748% due 02/15/2037 •  | 17 | 17 |
| 4.758% due 02/15/2037 •  | 25 | 25 |
| 4.768% due 07/15/2043 •  | 3381 | 3327 |
| 4.818% due 05/15/2037 •  | 5 | 5 |
| 4.868% due 11/15/2030 - 06/15/2042 •  | 4178 | 4128 |
| 4.938% due 05/15/2036 •  | 13 | 13 |
| 4.968% due 01/15/2042 •  | 9 | 9 |
| 5.150% due 02/15/2051 •  | 29927 | 29524 |
| 5.245% due 11/25/2054 •  | 17979 | 17942 |
| 5.255% due 02/25/2055 •  | 4282 | 4290 |
| 5.273% due 01/15/2038 •  | 1198 | 1204 |
| 5.275% due 08/25/2054 •  | 9210 | 9232 |
| 5.305% due 02/25/2055 •  | 11708 | 11723 |
| 5.306% due 06/25/2055 «•  | 8000 | 8010 |
| 5.455% due 03/25/2055 •  | 7996 | 8002 |
| 5.500% due 07/15/2034 | 197 | 199 |
| 5.505% due 02/25/2055 •  | 4636 | 4650 |
| 5.655% due 02/25/2054 •  | 41250 | 41361 |
| 5.799% due 07/25/2044 •  | 831 | 803 |
| 6.000% due 12/15/2028 - 07/15/2029 | 7 | 7 |
| 6.500% due 03/15/2029 - 07/25/2043 | 5583 | 5798 |
| 6.500% due 08/01/2035 •  | 171 | 174 |
| 6.552% due 04/01/2035 •  | 148 | 151 |
| 6.738% due 03/01/2035 •  | 70 | 72 |
| 6.835% due 05/01/2037 •  | 7 | 7 |
| 6.886% due 07/01/2035 •  | 2 | 2 |
| 6.988% due 02/01/2037 •  | 1 | 1 |
| 7.000% due 01/01/2030 - 04/01/2032 | 3 | 4 |
| 7.125% due 10/01/2035 •  | 122 | 124 |
| 7.482% due 07/01/2027 •  | 1 | 1 |
| 7.500% due 07/15/2030 | 15 | 16 |
| **Ginnie Mae**  |  |  |
| 4.500% due 08/20/2048 | 705 | 688 |
| 4.602% due 09/20/2071 - 09/20/2073 •  | 3315 | 3289 |
| 4.625% (H15T1Y + 1.500%) due 08/20/2025 - 09/20/2026 ~ | 3 | 2 |
| 4.625% due 07/20/2027 - 07/20/2034 •  | 31 | 30 |
| 4.746% due 05/20/2068 •  | 216 | 216 |
| 4.750% (H15T1Y + 1.500%) due 10/20/2025 ~ | 1 | 1 |
| 4.796% due 12/20/2062 •  | 72 | 72 |
| 4.846% due 12/20/2060 •  | 227 | 228 |
| 4.875% (H15T1Y + 1.500%) due 04/20/2026 - 05/20/2026 ~ | 1 | 0 |
| 4.875% due 04/20/2027 - 05/20/2030 •  | 17 | 17 |
| 4.946% due 08/20/2069 •  | 13811 | 13846 |
| 5.000% due 12/20/2027 - 07/20/2030 •  | 18 | 18 |
| 5.046% due 03/20/2065 - 07/20/2065 •  | 3612 | 3612 |
| 5.062% due 11/20/2074 •  | 974 | 971 |
| 5.096% due 10/20/2064 •  | 4516 | 4520 |
| 5.102% due 04/20/2072 •  | 9427 | 9395 |
| 5.123% due 02/20/2060 •  | 382 | 383 |
| 5.152% due 05/20/2074 •  | 491 | 491 |
| 5.202% due 08/20/2073 •  | 4355 | 4377 |
| 5.216% due 10/20/2066 •  | 206 | 206 |
| 5.246% due 05/20/2066 •  | 1004 | 1007 |
| 5.252% due 09/20/2073 •  | 13277 | 13375 |
| 5.262% due 08/20/2073 •  | 12398 | 12505 |
| 5.282% due 09/20/2073 •  | 4358 | 4402 |
| 5.306% due 12/20/2066 •  | 4117 | 4156 |
| 5.346% due 04/20/2066 •  | 1454 | 1460 |
| 5.402% due 05/20/2073 •  | 3763 | 3792 |
| 5.462% due 11/20/2072 •  | 74343 | 75581 |
| 5.472% due 11/20/2072 •  | 87041 | 88664 |
| 5.500% due 11/20/2026 •  | 1 | 1 |
| 5.625% (H15T1Y + 1.500%) due 01/20/2026 - 03/20/2026 ~ | 3 | 3 |
| 5.625% due 01/20/2027 - 02/20/2032 •  | 331 | 335 |
| 5.650% due 05/20/2041 ~ | 119 | 117 |
| 5.696% due 08/20/2070 •  | 17117 | 17405 |
| 5.802% due 08/20/2071 •  | 8373 | 8555 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 12/01/2032 - 02/01/2035 | 3001 | 2896 |
| 3.000% due 12/01/2026 - 04/01/2052 | 374692 | 326511 |
| 3.500% due 02/01/2047 - 12/01/2047 | 138727 | 126480 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 4.000% due 01/01/2046 - 06/01/2053 | 54906 | 52083 |
| 4.500% due 11/01/2025 - 09/01/2053 | 12007 | 11529 |
| 5.000% due 08/01/2025 - 08/01/2054 | 96237 | 94724 |
| 5.500% due 07/01/2053 - 12/01/2053 | 36336 | 36386 |
| 6.000% due 03/01/2032 - 04/01/2055 | 26884 | 27715 |
| 6.500% due 07/01/2034 - 03/01/2038 | 165 | 173 |
| 8.000% due 04/01/2030 - 11/01/2031 | 97 | 101 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 4.000% due 08/01/2055 | 93940 | 87342 |
| 4.500% due 07/01/2040 | 50 | 50 |
| 5.000% due 08/01/2055 | 531300 | 520413 |
| 5.500% due 08/01/2055 | 5000 | 4996 |
| 6.000% due 08/01/2055 | 645600 | 655479 |
| **Vendee Mortgage Trust**<br>6.500% due 05/15/2029 | 1601 | 1631 |
| Total U.S. Government Agencies (Cost $2,751,459) |  | 2701778 |
| **U.S. TREASURY OBLIGATIONS 15.5%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (e)** |  |  |
| 0.125% due 10/15/2025  | 40239 | 40100 |
| 0.375% due 07/15/2025  | 22927 | 22916 |
| 0.625% due 07/15/2032  | 42945 | 40075 |
| 1.125% due 01/15/2033  | 53734 | 51371 |
| **U.S. Treasury Notes**  |  |  |
| 3.625% due 05/15/2026 | 590900 | 588757 |
| 3.875% due 01/15/2026 (j) | 149500 | 149306 |
| 4.125% due 06/15/2026 | 50000 | 50066 |
| 4.375% due 11/30/2028 (j)(l) | 31200 | 31857 |
| 4.875% due 04/30/2026 (l) | 36100 | 36329 |
| Total U.S. Treasury Obligations (Cost $1,010,553) |  | 1010777 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 4.4%**  |  |  |
| **1211 Avenue of the Americas Trust** <br>3.901% due 08/10/2035 | 6950 | 6671 |
| **280 Park Avenue Mortgage Trust** <br>5.492% due 09/15/2034 •  | 10200 | 10110 |
| **ABN AMRO Mortgage Corp.** <br>5.500% due 01/25/2034 | 14 | 14 |
| **American Home Mortgage Assets Trust** <br>4.974% due 11/25/2035 •  | 197 | 188 |
| **Angel Oak Mortgage Trust**  |  |  |
| 1.820% due 11/25/2066 ~  | 6934 | 6174 |
| 5.338% due 05/27/2069 þ  | 861 | 859 |
| **Ashford Hospitality Trust** <br>5.384% due 04/15/2035 •  | 414 | 412 |
| **Atrium Hotel Portfolio Trust** <br>5.539% due 12/15/2036 •  | 8766 | 8574 |
| **BAMLL Commercial Mortgage Securities Trust** <br>5.476% due 09/15/2038 •  | 4100 | 3921 |
| **Banc of America Alternative Loan Trust** <br>5.500% due 10/25/2033 | 1568 | 1580 |
| **Banc of America Funding Trust**  |  |  |
| 5.490% due 05/25/2035 ~  | 45 | 42 |
| 5.500% due 09/25/2035  | 158 | 159 |
| 6.249% due 02/20/2036 ~  | 157 | 150 |
| **Banc of America Mortgage Trust**  |  |  |
| 5.118% due 02/25/2035 ~  | 34 | 34 |
| 5.625% due 09/25/2035 ~  | 808 | 712 |
| **BCP Trust** <br>5.225% due 06/15/2038 •  | 398 | 359 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.811% due 11/25/2030 ~  | 4 | 4 |
| 5.125% due 01/25/2035 ~  | 1 | 1 |
| 5.166% due 01/25/2035 ~  | 151 | 148 |
| 5.292% due 08/25/2035 ~  | 399 | 347 |
| 5.396% due 08/25/2035 ~  | 2562 | 2394 |
| 5.939% due 01/25/2034 ~  | 4 | 4 |
| 6.189% due 08/25/2033 ~  | 20 | 20 |
| 6.250% due 02/25/2033 ~  | 2 | 2 |
| 6.529% due 10/25/2036 ~  | 40 | 39 |
| 6.575% due 04/25/2033 ~  | 102 | 103 |
| 7.326% due 08/25/2033 ~  | 129 | 125 |
| **Bear Stearns ALT-A Trust**  |  |  |
| 4.308% due 04/25/2035 ~  | 722 | 705 |
| 4.905% due 09/25/2035 ~  | 855 | 491 |
| 5.467% due 05/25/2035 ~  | 159 | 152 |
| 6.454% due 09/25/2034 ~  | 79 | 79 |
| **Bear Stearns Structured Products, Inc. Trust** <br>5.062% due 01/26/2036 ~ | 1253 | 893 |
| **Chevy Chase Funding LLC Mortgage-Backed Certificates** <br>4.714% due 01/25/2035 •  | 47 | 46 |
| **Citigroup Mortgage Loan Trust**  |  |  |
| 5.461% due 03/25/2036 ~  | 449 | 441 |
| 6.756% due 03/25/2034 ~  | 153 | 142 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Citigroup** **Mortgage Loan Trust, Inc.** <br>6.080% due 09/25/2035 •  | 5 | 5 |
| **Colony Mortgage Capital Ltd.** <br>5.805% due 11/15/2038 •  | 8621 | 8470 |
| **COMM Mortgage Trust**  |  |  |
| 5.359% due 06/15/2034 •  | 3400 | 3251 |
| 5.726% due 12/15/2038 •  | 19379 | 19141 |
| **Countrywide Alternative Loan Trust** <br>4.834% due 06/25/2036 •  | 330 | 136 |
| **Countrywide Home Loan Mortgage Pass-Through Trust** <br>6.248% due 02/20/2036 •  | 3475 | 3217 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>5.063% due 03/25/2032 ~ | 169 | 163 |
| **Credit Suisse First Boston Mortgage-Backed Pass-Through Certificates** <br>7.210% due 10/25/2033 ~ | 10 | 10 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>7.183% due 06/01/2050 ~ | 15540 | 15492 |
| **CRSNT Trust** <br>5.254% due 04/15/2036 •  | 25400 | 25094 |
| **DBGS Mortgage Trust** <br>5.821% due 10/15/2036 •  | 1220 | 1209 |
| **Deutsche Alt-A Securities Mortgage Loan Trust** <br>4.834% due 06/25/2037 •  | 5589 | 4918 |
| **DROP Mortgage Trust** <br>5.576% due 10/15/2043 •  | 23100 | 22438 |
| **EMF-NL Prime BV** <br>3.113% due 04/17/2041 •  | 3000 | 3307 |
| **Eurosail-U.K. PLC** <br>5.308% (BP0003M + 0.950%) due 06/13/2045 ~ | 1717 | 2354 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | $1372 | 1374 |
| **First Horizon Alternative Mortgage Securities Trust**  |  |  |
| 5.151% due 09/25/2034 ~  | 16 | 16 |
| 5.204% due 09/25/2035 ~  | 95 | 85 |
| **GS Mortgage Securities Corp. Trust**  |  |  |
| 5.380% due 12/15/2036 •  | 19146 | 19060 |
| 5.609% due 11/15/2032 •  | 4418 | 4389 |
| 5.680% due 12/15/2036 •  | 259 | 258 |
| **GS Mortgage-Backed Securities Trust** <br>3.000% due 09/25/2052 ~ | 21069 | 17961 |
| **GSR Mortgage Loan Trust**  |  |  |
| 5.293% due 09/25/2035 ~  | 131 | 126 |
| 5.957% due 09/25/2035 ~  | 12 | 11 |
| 6.000% due 03/25/2032  | 14 | 14 |
| 6.305% due 07/25/2035 ~  | 471 | 244 |
| 6.562% due 09/25/2035 ~  | 248 | 250 |
| **HarborView Mortgage Loan Trust** <br>4.824% due 07/19/2035 ~ | 1235 | 923 |
| **IndyMac INDX Mortgage Loan Trust** <br>4.854% due 05/25/2046 •  | 822 | 746 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.776% due 12/15/2036 •  | 7000 | 4392 |
| **JP Morgan Mortgage Trust**  |  |  |
| 0.000% due 04/25/2037 ~  | 101 | 53 |
| 5.479% due 08/25/2035 ~  | 773 | 685 |
| 6.813% due 07/25/2035 ~  | 10 | 10 |
| **MASTR Adjustable Rate Mortgages Trust** <br>6.043% due 11/21/2034 ~ | 34 | 32 |
| **Morgan Stanley Capital Trust**  |  |  |
| 5.376% due 12/15/2036 •  | 100 | 81 |
| 5.459% due 11/15/2034 •  | 6195 | 6101 |
| **Morgan Stanley Mortgage Loan Trust**  |  |  |
| 4.327% due 08/25/2034 ~  | 41 | 38 |
| 4.694% due 04/25/2035 •  | 592 | 591 |
| 4.754% due 01/25/2035 •  | 171 | 162 |
| 5.500% due 11/25/2035  | 883 | 812 |
| **MortgageIT Trust** <br>5.074% due 02/25/2035 •  | 78 | 79 |
| **Natixis Commercial Mortgage Securities Trust** <br>5.526% due 08/15/2038 •  | 5200 | 5029 |
| **New Orleans Hotel Trust** <br>5.348% due 04/15/2032 •  | 1400 | 1390 |
| **Newgate Funding PLC** <br>2.575% due 12/15/2050 •  | 603 | 699 |
| **NYO Commercial Mortgage Trust** <br>5.521% due 11/15/2038 •  | $4700 | 4694 |
| **OBX Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 19669 | 16737 |
| 5.000% due 10/25/2051 •  | 5050 | 4714 |
| **One Market Plaza Trust** <br>3.614% due 02/10/2032 | 6282 | 6008 |
| **ONE Park Mortgage Trust** <br>5.126% due 03/15/2036 •  | 2450 | 2406 |
| **Prime Mortgage Trust** <br>4.834% due 02/25/2034 •  | 90 | 86 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **SFO** **Commercial Mortgage Trust** <br>5.576% due 05/15/2038 •  | 3500 | 3487 |
| **Structured Adjustable Rate Mortgage Loan Trust** <br>6.525% due 02/25/2034 ~ | 8 | 8 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 3.905% due 06/25/2029 ~  | 31 | 30 |
| 4.694% due 03/25/2037 •  | 34 | 13 |
| 4.994% due 02/25/2036 •  | 661 | 552 |
| 5.092% due 09/19/2032 •  | 108 | 104 |
| **Structured Asset Securities Corp. Mortgage Pass-Through Certificates** <br>6.554% due 06/25/2033 ~ | 6 | 6 |
| **SunTrust Adjustable Rate Mortgage Loan Trust** <br>6.850% due 01/25/2037 ~ | 417 | 257 |
| **Thornburg Mortgage Securities Trust**  |  |  |
| 3.102% due 12/25/2045 •  | 387 | 343 |
| 7.309% due 10/25/2045 •  | 585 | 617 |
| **Towd Point Mortgage Trust**  |  |  |
| 2.900% due 10/25/2059 ~  | 1760 | 1691 |
| 5.434% due 05/25/2058 •  | 2537 | 2598 |
| **TTAN** <br>5.276% due 03/15/2038 •  | 38 | 38 |
| **UWM Mortgage Trust** <br>5.000% due 12/25/2051 •  | 17579 | 16422 |
| **VASA Trust** <br>5.326% due 07/15/2039 •  | 5000 | 4863 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.993% due 01/25/2036 ~  | 58 | 56 |
| 5.014% due 10/25/2045 •  | 19 | 19 |
| 5.174% due 11/25/2034 •  | 1057 | 1019 |
| 5.399% due 08/25/2046 •  | 19 | 17 |
| 5.799% due 06/25/2042 •  | 129 | 121 |
| 6.000% due 06/25/2034  | 324 | 335 |
| **Washington Mutual MSC Mortgage Pass-Through Certificates Trust** <br>6.725% due 02/25/2033 ~ | 2 | 2 |
| Total Non-Agency Mortgage-Backed Securities (Cost $299,243) |  | 288154 |
| **ASSET-BACKED SECURITIES 6.4%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.1%**  |  |  |
| **GM Financial Consumer Automobile Receivables Trust** <br>4.694% due 03/16/2027 •  | 4104 | 4103 |
| **AUTOMOBILE SEQUENTIAL 1.0%**  |  |  |
| **BMW Vehicle Lease Trust** <br>4.430% due 06/26/2028 | 8200 | 8252 |
| **Chase Auto Owner Trust** <br>5.680% due 01/25/2029 | 2000 | 2023 |
| **Chesapeake Funding LLC** <br>5.520% due 05/15/2036 | 793 | 801 |
| **Citizens Auto Receivables Trust** <br>5.840% due 01/18/2028 | 669 | 673 |
| **GLS Auto Receivables Issuer Trust** <br>4.750% due 03/15/2028 | 1300 | 1301 |
| **GM Financial Automobile Leasing Trust** <br>4.660% due 02/21/2028 | 11300 | 11381 |
| **Hertz Vehicle Financing LLC** <br>3.730% due 09/25/2026 | 11250 | 11234 |
| **Oscar U.S. Funding LLC**  |  |  |
| 2.820% due 04/10/2029  | 18790 | 18527 |
| 4.630% due 12/10/2027  | 581 | 581 |
| **Research-Driven Pagaya Motor Asset Trust** <br>7.130% due 01/26/2032 | 235 | 236 |
| **SFS Auto Receivables Securitization Trust**  |  |  |
| 5.470% due 10/20/2028  | 1878 | 1891 |
| 5.710% due 10/20/2027  | 529 | 530 |
| **Stellantis Financial Underwritten Enhanced Lease Trust** <br>4.630% due 07/20/2027 | 8100 | 8122 |
|  |  | 65552 |
| **CMBS OTHER 2.2%**  |  |  |
| **Arbor Realty Commercial Real Estate Notes Ltd.** <br>5.754% due 01/15/2037 •  | 3153 | 3159 |
| **AREIT Trust** <br>5.551% due 01/20/2037 •  | 12715 | 12699 |
| **BDS Ltd.** <br>5.779% due 12/16/2036 •  | 11096 | 11111 |
| **BSPRT Issuer Ltd.** <br>6.608% due 07/15/2039 •  | 6844 | 6864 |
| **GPMT Ltd.**  |  |  |
| 5.784% due 12/15/2036 •  | 13076 | 12796 |
| 5.929% due 07/16/2035 •  | 6461 | 6335 |
| **LFT CRE Ltd.** <br>5.596% due 06/15/2039 •  | 6449 | 6450 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **LoanCore** **Issuer Ltd.** <br>5.726% due 07/15/2036 •  | 5215 | 5217 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 21232 | 21246 |
| **MF1 Ltd.** <br>5.668% due 02/19/2037 •  | 16748 | 16763 |
| **PFP Ltd.** <br>6.586% due 08/19/2035 •  | 10402 | 10419 |
| **Ready Capital Mortgage Financing LLC** <br>5.634% due 11/25/2036 •  | 600 | 600 |
| **TPG Real Estate Finance Issuer Ltd.**  |  |  |
| 5.628% due 03/15/2038 •  | 8766 | 8757 |
| 5.964% due 02/15/2039 •  | 20326 | 20370 |
|  |  | 142786 |
| **CREDIT CARD BULLET 0.2%**  |  |  |
| **Citibank Credit Card Issuance Trust** <br>5.036% due 08/07/2027 •  | 12900 | 12907 |
| **CREDIT CARD OTHER 0.3%**  |  |  |
| **Synchrony Card Funding LLC** <br>5.740% due 10/15/2029 | 17600 | 17927 |
| **FINANCE CONSUMER LOANS 0.0%**  |  |  |
| **SLM Student Loan Trust** <br>2.525% due 12/15/2033 •  | 397 | 442 |
| **HOME EQUITY OTHER 0.2%**  |  |  |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>4.946% due 06/15/2031 •  | $4 | 4 |
| **Bear Stearns Asset-Backed Securities Trust**  |  |  |
| 5.434% due 11/25/2042 •  | 110 | 109 |
| 6.234% due 03/25/2043 •  | 725 | 708 |
| **Centex Home Equity Loan Trust** <br>5.364% due 09/25/2034 •  | 859 | 851 |
| **Countrywide Asset-Backed Certificates Trust**  |  |  |
| 5.154% due 07/25/2034 •  | 171 | 178 |
| 5.184% due 03/25/2034 •  | 247 | 252 |
| **EquiFirst Mortgage Loan Trust** <br>4.914% due 01/25/2034 •  | 132 | 129 |
| **Fremont Home Loan Trust** <br>4.494% due 01/25/2037 •  | 164 | 75 |
| **GSAMP Trust** <br>4.504% due 12/25/2036 •  | 1276 | 632 |
| **Home Equity Asset Trust** <br>4.994% due 08/25/2036 •  | 3860 | 3826 |
| **HSI Asset Securitization Corp. Trust** <br>4.534% due 10/25/2036 •  | 28 | 10 |
| **Morgan Stanley ABS Capital, Inc. Trust**  |  |  |
| 4.684% due 05/25/2037 •  | 2723 | 2456 |
| 5.139% due 12/25/2034 •  | 324 | 317 |
| **Morgan Stanley IXIS Real Estate Capital Trust** <br>4.534% due 11/25/2036 •  | 13 | 4 |
| **New Century Home Equity Loan Trust** <br>5.154% due 03/25/2035 •  | 1882 | 1890 |
| **NovaStar Mortgage Funding Trust** <br>4.754% due 05/25/2036 •  | 768 | 761 |
| **RAAC Trust** <br>5.134% due 03/25/2034 •  | 43 | 43 |
| **Renaissance Home Equity Loan Trust** <br>5.134% due 08/25/2032 •  | 40 | 38 |
| **Saxon Asset Securities Trust** <br>1.540% due 03/25/2035 •  | 190 | 169 |
| **Securitized Asset-Backed Receivables LLC Trust**  |  |  |
| 4.554% due 12/25/2036 •  | 2760 | 594 |
| 4.694% due 05/25/2037 •  | 321 | 246 |
| **Soundview Home Loan Trust** <br>4.554% due 11/25/2036 •  | 1078 | 293 |
| **Structured Asset Investment Loan Trust**  |  |  |
| 5.139% due 03/25/2034 •  | 1464 | 1519 |
| 5.334% due 09/25/2034 •  | 74 | 71 |
|  |  | 15175 |
| **MANUFACTURING HOUSE SEQUENTIAL 0.0%**  |  |  |
| **Mid-State Trust** <br>4.864% due 07/15/2038 | 36 | 36 |
| **WHOLE LOAN COLLATERAL 0.0%**  |  |  |
| **First Franklin Mortgage Loan Trust** <br>5.259% due 05/25/2034 •  | 700 | 685 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **GSAMP** **Trust** <br>3.610% due 11/25/2034 •  | 831 | 799 |
| **Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates** <br>4.994% due 12/25/2035 •  | 1382 | 1364 |
|  |  | 2848 |
| **OTHER ABS 2.4%**  |  |  |
| **AGL CLO Ltd.** <br>5.399% due 12/02/2034 •  | 1000 | 1000 |
| **American Money Management Corp. CLO Ltd.** <br>5.469% due 01/20/2035 •  | 1300 | 1301 |
| **Anchorage Capital CLO Ltd.** <br>5.319% due 10/20/2034 •  | 1100 | 1100 |
| **Apidos CLO**  |  |  |
| 5.520% due 04/17/2034 •  | 1000 | 1000 |
| 5.541% due 04/20/2031 •  | 1223 | 1225 |
| **Ares CLO Ltd.** <br>5.433% due 10/28/2034 •  | 3900 | 3904 |
| **Atlas Senior Loan Fund Ltd.** <br>5.379% due 01/18/2035 •  | 1800 | 1799 |
| **Bain Capital Credit CLO Ltd.**  |  |  |
| 0.000% due 07/15/2035 •(b)  | 1700 | 1701 |
| 5.269% due 04/23/2035 •  | 2100 | 2094 |
| **Black Diamond CLO DAC** <br>3.096% due 01/20/2032 •  | 376 | 443 |
| **BNPP AM Euro CLO DAC** <br>2.879% due 04/15/2031 •  | 300 | 352 |
| **Canyon Capital CLO Ltd.** <br>5.266% due 10/15/2034 •  | $1000 | 1001 |
| **Carlyle Euro CLO DAC** <br>3.033% due 08/15/2032 •  | 8567 | 10049 |
| **Carlyle Global Market Strategies CLO Ltd.** <br>5.359% due 07/20/2034 •  | $2800 | 2803 |
| **Carlyle Global Market Strategies Euro CLO Ltd.** <br>2.893% due 11/15/2031 •  | 126 | 148 |
| **Catamaran CLO Ltd.** <br>5.634% due 04/22/2030 •  | $744 | 744 |
| **CIFC Funding Ltd.**  |  |  |
| 5.487% due 10/24/2030 •  | 6468 | 6470 |
| 5.658% due 01/15/2035 •  | 8200 | 8208 |
| **Dryden CLO Ltd.** <br>5.362% due 08/20/2034 •  | 1100 | 1097 |
| **Elevation CLO Ltd.** <br>5.412% due 07/25/2034 •  | 3300 | 3304 |
| **Flatiron CLO Ltd.** <br>5.505% due 11/16/2034 •  | 916 | 917 |
| **Guggenheim CLO Ltd.** <br>5.406% due 01/15/2035 •  | 1000 | 998 |
| **ICG U.S. CLO Ltd.** <br>5.419% due 10/20/2034 •  | 3100 | 3102 |
| **Jamestown CLO Ltd.** <br>5.402% due 07/25/2034 •  | 1200 | 1197 |
| **LCM Ltd.** <br>5.336% due 10/15/2034 •  | 1000 | 997 |
| **Madison Park Euro Funding DAC** <br>3.079% due 07/15/2032 •  | 4987 | 5859 |
| **Madison Park Funding Ltd.**  |  |  |
| 5.256% due 10/15/2034 •  | $2100 | 2102 |
| 5.319% due 10/19/2034 •  | 1000 | 999 |
| 5.514% due 07/27/2031 •  | 3126 | 3130 |
| **Magnetite Ltd.** <br>5.606% due 04/15/2035 •  | 2500 | 2502 |
| **Massachusetts Educational Financing Authority** <br>5.575% due 04/25/2038 •  | 544 | 544 |
| **Mountain View CLO LLC** <br>5.562% due 01/16/2031 •  | 47 | 47 |
| **Neuberger Berman Loan Advisers CLO Ltd.** <br>5.302% due 10/14/2036 •  | 1700 | 1697 |
| **Ocean Trails CLO** <br>5.299% due 07/20/2034 •  | 3400 | 3401 |
| **OCP Euro CLO DAC** <br>3.116% due 09/22/2034 •  | 2370 | 2791 |
| **Octagon Investment Partners Ltd.** <br>5.309% due 01/20/2035 •  | $1700 | 1691 |
| **Pagaya AI Debt Grantor Trust** <br>5.065% due 03/15/2032 | 276 | 276 |
| **Pagaya AI Debt Trust** <br>6.660% due 07/15/2031 | 92 | 93 |
| **Palmer Square European Loan Funding DAC**  |  |  |
| 3.113% due 08/15/2033 •  | 925 | 1090 |
| 3.170% due 10/15/2034 •  | 1100 | 1292 |
| 3.203% due 02/15/2035 •  | 2200 | 2593 |
| **Parallel Ltd.** <br>5.366% due 07/15/2034 •  | $1200 | 1198 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **PK** **ALIFT Loan Funding LP** <br>5.365% due 11/15/2042 | 1500 | 1507 |
| **Saranac CLO Ltd.** <br>6.454% due 06/22/2030 •  | 22 | 22 |
| **Sculptor CLO Ltd.** <br>5.329% due 07/20/2034 •  | 800 | 800 |
| **Silver Rock CLO Ltd.** <br>5.309% due 01/20/2035 •  | 1200 | 1198 |
| **SMB Private Education Loan Trust**  |  |  |
| 3.940% due 02/16/2055  | 11882 | 11575 |
| 5.380% due 07/15/2053  | 2221 | 2269 |
| 5.670% due 11/15/2052  | 8992 | 9240 |
| 5.754% due 02/16/2055 •  | 11882 | 11979 |
| **Tikehau CLO DAC** <br>3.456% due 01/20/2037 •  | 4900 | 5773 |
| **Trinitas CLO Ltd.** <br>5.309% due 07/20/2035 •  | $2000 | 1990 |
| **Trysail CLO Ltd.** <br>5.511% due 10/20/2033 •  | 1000 | 1000 |
| **Venture CLO Ltd.**  |  |  |
| 5.581% due 07/20/2030 •  | 1787 | 1784 |
| 5.664% due 04/20/2032 •  | 15138 | 15154 |
| **Voya CLO Ltd.** <br>5.329% due 04/20/2034 •  | 2300 | 2291 |
| **Wellfleet CLO Ltd.** <br>0.000% due 04/20/2034 •(b) | 700 | 700 |
|  |  | 155541 |
| Total Asset-Backed Securities (Cost $418,437) |  | 417317 |
| **SOVEREIGN ISSUES 2.6%**  |  |  |
| **Brazil Letras do Tesouro Nacional**  |  |  |
| 0.000% due 10/01/2025 (d)  | 705600 | 125270 |
| 0.000% due 04/01/2026 (d)  | 52000 | 8621 |
| **Cassa Depositi e Prestiti SpA** <br>5.875% due 04/30/2029 | $11300 | 11829 |
| **Israel Government International Bond** <br>5.375% due 02/19/2030 | 6300 | 6428 |
| **Saudi Government International Bond** <br>5.125% due 01/13/2028 | 16100 | 16373 |
| Total Sovereign Issues (Cost $159,662) |  | 168521 |
| **SHORT-TERM INSTRUMENTS 41.8%**  |  |  |
| **COMMERCIAL PAPER 2.6%**  |  |  |
| **AbbVie, Inc.**  |  |  |
| 4.640% due 07/07/2025  | 5400 | 5395 |
| 4.640% due 07/08/2025  | 350 | 350 |
| **Air Lease Corp.** <br>4.850% due 07/15/2025 | 1250 | 1248 |
| **Alimentation Couche-Tard, Inc.**  |  |  |
| 4.610% due 07/10/2025  | 3800 | 3795 |
| 4.630% due 07/07/2025  | 2000 | 1998 |
| 4.630% due 07/09/2025  | 3435 | 3431 |
| 4.640% due 07/29/2025  | 4450 | 4433 |
| 4.640% due 07/30/2025  | 1900 | 1893 |
| 4.670% due 07/02/2025  | 8800 | 8798 |
| 4.670% due 07/08/2025  | 4750 | 4745 |
| **Amrize Finance U.S. LLC**  |  |  |
| 4.670% due 07/15/2025  | 1250 | 1248 |
| 4.670% due 07/16/2025  | 11200 | 11177 |
| **Bacardi-Martini BV**  |  |  |
| 4.950% due 07/03/2025  | 1050 | 1050 |
| 4.950% due 07/10/2025  | 1300 | 1298 |
| **Broadcom, Inc.** <br>4.730% due 07/10/2025 | 7250 | 7241 |
| **Canadian Natural Resources Ltd.**  |  |  |
| 4.830% due 07/11/2025  | 850 | 849 |
| 4.900% due 08/06/2025 (b)  | 11550 | 11494 |
| **CBRE Services, Inc.**  |  |  |
| 4.640% due 07/24/2025  | 4100 | 4087 |
| 4.690% due 07/10/2025  | 2100 | 2097 |
| 4.710% due 07/10/2025  | 1400 | 1398 |
| **Crown Castle, Inc.**  |  |  |
| 5.030% due 07/22/2025  | 19800 | 19739 |
| 5.030% due 07/24/2025  | 5950 | 5930 |
| **CVS Health Corp.**  |  |  |
| 4.920% due 07/14/2025  | 9499 | 9481 |
| 4.920% due 07/15/2025  | 2300 | 2295 |
| **Dominion Energy, Inc.**  |  |  |
| 4.600% due 07/18/2025  | 2000 | 1995 |
| 4.600% due 08/01/2025  | 1850 | 1842 |
| **Equifax, Inc.** <br>4.620% due 07/17/2025 | 400 | 399 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Global** **Payments, Inc.** <br>5.000% due 07/01/2025 | 1200 | 1200 |
| **Harley-Davidson Financial Services, Inc.** <br>5.070% due 08/04/2025 | 700 | 697 |
| **HCA, Inc.** <br>4.950% due 08/15/2025 | 850 | 845 |
| **Intel Corp.** <br>4.590% due 07/03/2025 | 10100 | 10096 |
| **Intercontinental Exchange, Inc.** <br>4.600% due 07/02/2025 | 300 | 300 |
| **JABIL, Inc.** <br>4.860% due 07/02/2025 | 1050 | 1050 |
| **Jones Lang LaSalle Finance BV**  |  |  |
| 4.650% due 07/14/2025  | 950 | 948 |
| 4.720% due 07/07/2025  | 2500 | 2498 |
| 4.720% due 07/09/2025  | 4800 | 4794 |
| 4.720% due 07/16/2025  | 1050 | 1048 |
| **Mondelez International, Inc.** <br>4.570% due 08/11/2025 | 2750 | 2735 |
| **NextEra Energy Capital Holdings, Inc.**  |  |  |
| 4.600% due 07/28/2025  | 6700 | 6676 |
| 4.600% due 07/29/2025  | 2500 | 2491 |
| 4.610% due 08/25/2025 (b)  | 650 | 645 |
| 4.610% due 08/28/2025 (b)  | 300 | 298 |
| **Northrop Grumman Corp.** <br>4.690% due 07/24/2025 | 6500 | 6480 |
| **ONEOK, Inc.**  |  |  |
| 4.600% due 07/11/2025  | 350 | 350 |
| 4.600% due 07/14/2025  | 350 | 349 |
| **RTX Corp.** <br>4.660% due 07/15/2025 | 2350 | 2345 |
| **Targa Resources Corp.** <br>4.700% due 07/29/2025 | 5600 | 5577 |
| **TELUS Corp.** <br>4.990% due 09/04/2025 | 1200 | 1190 |
|  |  | 172318 |
|  | SHARES |  |
| **MUTUAL FUNDS 0.0%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (f) | 1080747 | 1081 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (h) 39.1%** |  | 2550900 |
| **U.S. TREASURY BILLS 0.1%**  |  |  |
| 4.303% due 07/03/2025 - 10/07/2025 (c)(d)(l) | $2789 | 2769 |
| Total Short-Term Instruments (Cost $2,727,091) |  | 2727068 |
| Total Investments in Securities (Cost $8,145,705) |  | 8098430 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 13.3%**  |  |  |
| **SHORT-TERM INSTRUMENTS 13.3%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 13.3%**  |  |  |
| **PIMCO Short Asset Portfolio** | 75508867 | 739685 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 13228893 | 128810 |
| Total Short-Term Instruments (Cost $866,287) |  | 868495 |
| Total Investments in Affiliates (Cost $866,287) |  | 868495 |
| Total Investments 137.4% (Cost $9,011,992) |  | $8966925 |
| **Financial Derivative Instruments (i)(k) (0.3)**%(Cost or Premiums, net $(6061)) |  | (16837) |
| Other Assets and Liabilities, net (37.1)% |  | (2421942) |
| Net Assets 100.0% |  | $6528146 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **«** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** | **Security valued using significant unobservable inputs (Level 3).** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **þ** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** | **Coupon represents a rate which changes periodically based on a predetermined schedule or event. Rate shown is the rate in effect as of period end.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** | **When-issued security.** |
| **(c)** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** | **Coupon represents a weighted average yield to maturity.** |
| **(d)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(e)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(f)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **(g)** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** | **RESTRICTED SECURITIES:** |
| Issuer Description | Issuer Description | Issuer Description | Issuer Description | Coupon | Maturity<br>Date | Maturity<br>Date | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Acquisition<br>Date | Cost | Cost |  | Market<br>Value | Market Value<br>as Percentage<br>of Net Assets | Market Value<br>as Percentage<br>of Net Assets |
| Hardwood Funding LLC | Hardwood Funding LLC | Hardwood Funding LLC | Hardwood Funding LLC | 4.840 | 06/07/2028 | 06/07/2028 | 03/14/2024 | 03/14/2024 | 03/14/2024 | 03/14/2024 | 1500 | 1500 | $ | 1509 | 0.02 | % |
| National Football League | National Football League | National Football League | National Football League | 5.480 | 10/05/2028 | 10/05/2028 | 03/11/2025 | 03/11/2025 | 03/11/2025 | 03/11/2025 | 2400 | 2400 |  | 2442 | 0.04 |  |
|  |  |  |  |  |  |  |  |  |  | $ | 3900 | $ | $ | 3951 | 0.06%  | 0.06%  |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(h)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Counterparty | Lending<br>Rate | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| BOS | BOS | 4.440%  | 07/01/2025 | 565500 | 565500 | &nbsp;&nbsp; U.S. Treasury Notes 3.375% due 09/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.375% due 09/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.375% due 09/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.375% due 09/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.375% due 09/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.375% due 09/15/2027 | (577384) | (577384) | 565500 | $565570 | 565570 |
|  |  | 4.470  | 07/01/2025 | 350000 | 350000 | &nbsp;&nbsp; U.S. Treasury Notes 4.625% due 06/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.625% due 06/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.625% due 06/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.625% due 06/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.625% due 06/15/2027 | &nbsp;&nbsp; U.S. Treasury Notes 4.625% due 06/15/2027 | (357453) | (357453) | 350000 | 350044 | 350044 |
|  |  | 4.470  | 07/02/2025 | 272200 | 272200 | &nbsp;&nbsp; U.S. Treasury Bonds 4.500% due 02/15/2044 | &nbsp;&nbsp; U.S. Treasury Bonds 4.500% due 02/15/2044 | &nbsp;&nbsp; U.S. Treasury Bonds 4.500% due 02/15/2044 | &nbsp;&nbsp; U.S. Treasury Bonds 4.500% due 02/15/2044 | &nbsp;&nbsp; U.S. Treasury Bonds 4.500% due 02/15/2044 | &nbsp;&nbsp; U.S. Treasury Bonds 4.500% due 02/15/2044 | (277769) | (277769) | 272200 | 272200 | 272200 |
| FICC STR | FICC STR | 4.400  | 07/01/2025 | 3000 | 3000 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.750% due 06/30/2027 | (3060) | (3060) | 3000 | 3000 | 3000 |
| SAL | SAL | 4.410  | 07/01/2025 | 459200 | 459200 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 06/11/2026 | (468680) | (468680) | 459200 | 459256 | 459256 |
|  |  | 4.410  | 07/02/2025 | 901000 | 901000 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% - 4.500% due 05/15/2027 - 05/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% - 4.500% due 05/15/2027 - 05/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% - 4.500% due 05/15/2027 - 05/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% - 4.500% due 05/15/2027 - 05/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% - 4.500% due 05/15/2027 - 05/31/2027 | &nbsp;&nbsp; U.S. Treasury Notes 3.875% - 4.500% due 05/15/2027 - 05/31/2027 | (919398) | (919398) | 901000 | 901000 | 901000 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  |  |  | **(2603744)** | **(2603744)** | **2550900** | $**2551070** | **2551070** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Description | Description | Description | Description | Coupon | Maturity<br>Date | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% | U.S. Government Agencies (8.0)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000% | 07/01/2055 | $96700 | 96700 | $ | (82569) | $(83689) | (83689) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000 | 08/01/2055 | 322000 | 322000 |  | (272958) | (278601) | (278601) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 08/01/2055 | 176500 | 176500 |  | (157898) | (158879) | (158879) |
| **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** | **Total Short Sales (8.0)%** |  |  |  |  | **$** | **(513425)** | $**(521169)** | **(521169)** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(i)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS**<sup>(1)</sup> |
| Description | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  |  | $110.750 | 110.750 | 07/25/2025 | 07/25/2025 | 63 | 63 | (13) | (13) | (13) | (13) | (13) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 113.250 | 113.250 | 07/25/2025 | 07/25/2025 | 63 | 63 | (16) | (16) | (16) | (19) | (19) |
| Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  | Put - EUREX Euro-Bobl July 2025 Futures  |  | 117.250 | 117.250 | 07/25/2025 | 07/25/2025 | 14 | 14 | (3) | (3) | (3) | (3) | (3) |
| Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  | Call - EUREX Euro-Bobl July 2025 Futures  |  | 118.500 | 118.500 | 07/25/2025 | 07/25/2025 | 14 | 14 | (3) | (3) | (3) | (2) | (2) |

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<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  | Put - EUREX Euro-Bund July 2025 Futures  |  | 129.000 | 129.000 | 07/25/2025 | 07/25/2025 | 8 | 8 | 8 | 8 | (4) | (4) |  | (3) |
| Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  | Call - EUREX Euro-Bund July 2025 Futures  |  | 132.500 | 132.500 | 07/25/2025 | 07/25/2025 | 8 | 8 | 8 | 8 | (4) | (4) |  | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (43) | (43) | (43) | (41) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Description | Description | Description | Description | Description | Description |  | Strike<br>Price | Strike<br>Price | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | $ | $108.500 | 108.500 | 108.500 | 07/25/2025 | 07/25/2025 | 6 | $6 | 6 | (2) | (2) | $ | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  |  | 109.500 | 109.500 | 109.500 | 07/25/2025 | 07/25/2025 | 38 | 38 | 38 | (13) | (13) |  | (3) |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  |  | 110.250 | 110.250 | 110.250 | 07/25/2025 | 07/25/2025 | 154 | 154 | 154 | (38) | (38) |  | (19) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 112.500 | 112.500 | 112.500 | 07/25/2025 | 07/25/2025 | 38 | 38 | 38 | (12) | (12) |  | (20) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  |  | 112.750 | 112.750 | 112.750 | 07/25/2025 | 07/25/2025 | 154 | 154 | 154 | (48) | (48) |  | (67) |
| Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  | Call - CBOT U.S. Treasury 10-Year Note August Futures  |  | 112.000 | 112.000 | 112.000 | 07/25/2025 | 07/25/2025 | 6 | 6 | 6 | (2) | (2) |  | (5) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (115) | (115) | (115) | (114) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(158)** | **(158)** | **(158)** | **(155)** |
| **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** | **FUTURES CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | Euro-Bobl September Futures  | 09/2025 | 09/2025 | 09/2025 | 22 | 22 | 22 | 22 | 3050 | 3050 | 3050 |  | $(14) | (14) | (14) | 2 | 2 | 2 | (7) |
| Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | Euro-Bund September Futures  | 09/2025 | 09/2025 | 09/2025 | 14 | 14 | 14 | 14 | 2146 | 2146 | 2146 |  | (17) | (17) | (17) | 1 | 1 | 1 | (6) |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 25234 | 25234 | 25234 | 25234 | 5249263 | 5249263 | 5249263 |  | 20319 | 20319 | 20319 | 1360 | 1360 | 1360 | (11) |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 7178 | 7178 | 7178 | 7178 | 782402 | 782402 | 782402 |  | 8102 | 8102 | 8102 | 953 | 953 | 953 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 28390 | 28390 | $ | 2316 | 2316 | 2316 | (24) |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description |  | Expiration<br>Month | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 09/2025 | 1455 | 1455 | 1455 | 1455 | (163142) | (163142) | (163142) |  | $(2992) | (2992) | (2992) | 0 | 0 | 0 | (455) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 09/2025 | 5548 | 5548 | 5548 | 5548 | (633946) | (633946) | (633946) |  | (12939) | (12939) | (12939) | 0 | 0 | 0 | (2687) |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (15931) | (15931) | $ | 0 | 0 | 0 | (3142) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** |  | **12459** | **12459** | **$** | **2316** | **2316** | **2316** | **(3166)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> |  |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| Barclays Bank PLC  | Barclays Bank PLC  | 12/20/2025 | 0.238 | 0.238 | % | EUR | EUR | 3800 | 3800 | 3800 | 22 | 22 | 22 | $ | (4) | (4) | 18 | 18 | 1 | 1 | 0 |
| Goldman Sachs Group, Inc.  | Goldman Sachs Group, Inc.  | 06/20/2026 | 0.321 | 0.321 |  | $ | $ | $2350 | 2350 | 2350 | 15 | 15 | 15 |  | 1 | 1 | 16 | 16 | 0 | 0 | 0 |
| Morgan Stanley  | Morgan Stanley  | 06/20/2026 | 0.290 | 0.290 |  |  |  | 8400 | 8400 | 8400 | 53 | 53 | 53 |  | 6 | 6 | 59 | 59 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 90 | 90 | 90 | $ | 3 | 3 | 93 | 93 | 1 | 1 | 0 |
| **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CREDIT INDEXES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Index/Tranches | Index/Tranches | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value<sup>(5)</sup> | Market<br>Value<sup>(5)</sup> | Asset | Asset | Liability |
| CDX.IG-44 5-Year Index  | CDX.IG-44 5-Year Index  | Quarterly | 06/20/2030 | 06/20/2030 | $ | $ | $2400 | 2400 | 2400 | 2400 | 34 | 34 | 34 | $ | 20 | 20 | 54 | 54 | 1 | 1 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Maturity<br>Date |  |  | Notional<br>Amount | Notional<br>Amount | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day GBP-SONIO Compounded-OIS | Annual | 03/19/2030 | 03/19/2030 | 03/19/2030 | GBP | GBP | 189200 | 189200 | 189200 | $(6032) | (6032) | (6032) | $ | 3679 | 3679 | (2353) | (2353) | $0 | 0 | $(10) |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Pay | 1-Day GBP-SONIO Compounded-OIS | 3.930 | Annual | 01/06/2035 | 1400 | (4) | (7) | (11) | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.500 | Annual | 12/18/2025 | $94980 | 646 | 141 | 787 | 6 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 2.150 | Annual | 06/15/2027 | 150400 | (572) | (3382) | (3954) | 51 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 12/18/2029 | 64400 | 143 | (826) | (683) | 0 | (92) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | 03/04/2030 | 9900 | (19) | (147) | (166) | 0 | (15) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.547 | Annual | 10/31/2030 | 24690 | 0 | 24 | 24 | 0 | (45) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.550 | Annual | 10/31/2030 | 18500 | 0 | 15 | 15 | 0 | (34) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.623 | Annual | 10/31/2030 | 12900 | 0 | (42) | (42) | 0 | (24) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.664 | Annual | 10/31/2030 | 8500 | 0 | (47) | (47) | 0 | (16) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.677 | Annual | 10/31/2030 | 6900 | 0 | (43) | (43) | 0 | (13) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.687 | Annual | 10/31/2030 | 2200 | 0 | (15) | (15) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.689 | Annual | 10/31/2030 | 26300 | 0 | (181) | (181) | 0 | (49) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.691 | Annual | 10/31/2030 | 19400 | 0 | (136) | (136) | 0 | (36) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.727 | Annual | 10/31/2030 | 25400 | 0 | (228) | (228) | 0 | (47) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | 10/31/2030 | 2900 | 0 | (27) | (27) | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.739 | Annual | 10/31/2030 | 9300 | 0 | (90) | (90) | 0 | (17) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.749 | Annual | 10/31/2030 | 13700 | 0 | (140) | (140) | 0 | (25) |
| Receive<sup>(6)</sup> | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | 05/15/2032 | 283600 | 27 | (4363) | (4336) | 0 | (734) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | 12/21/2032 | 34710 | 3582 | 415 | 3997 | 0 | (91) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.880 | Annual | 07/10/2034 | 1160 | (4) | (8) | (12) | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | 08/05/2034 | 2200 | (8) | (11) | (19) | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.558 | Annual | 08/21/2034 | 700 | (2) | 13 | 11 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | 08/28/2034 | 2700 | (10) | 53 | 43 | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.565 | Annual | 08/28/2034 | 2700 | (10) | 51 | 41 | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.605 | Annual | 08/28/2034 | 500 | (2) | 8 | 6 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.514 | Annual | 09/04/2034 | 2500 | (9) | 57 | 48 | 0 | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.525 | Annual | 09/04/2034 | 200 | (1) | 5 | 4 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.408 | Annual | 09/05/2034 | 2200 | (9) | 71 | 62 | 0 | (8) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.410 | Annual | 09/05/2034 | 2500 | (10) | 80 | 70 | 0 | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.232 | Annual | 09/10/2034 | 300 | (1) | 14 | 13 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.240 | Annual | 09/16/2034 | 1500 | (7) | 71 | 64 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.278 | Annual | 09/16/2034 | 2500 | (11) | 109 | 98 | 0 | (9) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.280 | Annual | 09/16/2034 | 1000 | (4) | 43 | 39 | 0 | (4) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.231 | Annual | 09/18/2034 | 1000 | (4) | 47 | 43 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.248 | Annual | 09/18/2034 | 1390 | (5) | 63 | 58 | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | 02/26/2035 | 500 | (2) | (11) | (13) | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.890 | Annual | 03/03/2035 | 1250 | (5) | (15) | (20) | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.908 | Annual | 03/04/2035 | 3700 | (13) | (53) | (66) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | 03/05/2035 | 1300 | (5) | (14) | (19) | 0 | (5) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | 03/05/2035 | 5600 | (19) | (65) | (84) | 0 | (22) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.899 | Annual | 03/11/2035 | 3500 | (12) | (48) | (60) | 0 | (14) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | 03/12/2035 | 2500 | (7) | (37) | (44) | 0 | (10) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | 03/21/2035 | 5400 | (15) | (113) | (128) | 0 | (21) |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | Annual | 03/24/2035 |  | 5700 |  | (17) |  | (96) |  | (113) |  | 0 | 0 |  | (22) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | Annual | 03/25/2035 |  | 3700 |  | (11) |  | (48) |  | (59) |  | 0 | 0 |  | (14) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2035 |  | 57100 |  | 1217 |  | 924 |  | 2141 |  | 0 | 0 |  | (227) |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.650 | Annual | Annual | 08/14/2029 | EUR | 2400 |  | (3) |  | (86) |  | (89) |  | 3 | 3 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.400 | Annual | Annual | 04/09/2030 |  | 1700 |  | (3) |  | (11) |  | (14) |  | 2 | 2 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.680 | Annual | Annual | 08/07/2034 |  | 1700 |  | (5) |  | (44) |  | (49) |  | 3 | 3 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.590 | Annual | Annual | 08/19/2034 |  | 1400 |  | (4) |  | (22) |  | (26) |  | 3 | 3 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.580 | Annual | Annual | 08/29/2034 |  | 1030 |  | (3) |  | (16) |  | (19) |  | 2 | 2 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.510 | Annual | Annual | 04/09/2035 |  | 1900 |  | (7) |  | 22 |  | 15 |  | 4 | 4 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.520 | Annual | Annual | 04/09/2035 |  | 1100 |  | (4) |  | 11 |  | 7 |  | 2 | 2 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.550 | Annual | Annual | 04/16/2035 |  | 1300 |  | (5) |  | 9 |  | 4 |  | 3 | 3 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.530 | Annual | Annual | 04/23/2035 |  | 2100 |  | (8) |  | 19 |  | 11 |  | 4 | 4 |  | 0 |
| Receive | Receive | 3-Month EUR-EURIBOR | 3-Month EUR-EURIBOR | 2.450 | Annual | Annual | 05/05/2035 |  | 1300 |  | (4) |  | 22 |  | 18 |  | 3 | 3 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.360 | Annual | Annual | 10/07/2029 |  | 3500 |  | (7) |  | (67) |  | (74) |  | 3 | 3 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.220 | Annual | Annual | 01/08/2035 |  | 200 |  | 0 |  | (8) |  | (8) |  | 0 | 0 |  | 0 |
| Receive | Receive | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.400 | Annual | Annual | 02/12/2035 |  | 800 |  | (2) |  | 17 |  | 15 |  | 2 | 2 |  | 0 |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.420 | Annual | Annual | 03/07/2035 |  | 2700 |  | (7) |  | (38) |  | (45) |  | 0 | 0 |  | (5) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.460 | Annual | Annual | 03/13/2035 |  | 700 |  | (2) |  | (7) |  | (9) |  | 0 | 0 |  | (1) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.610 | Annual | Annual | 03/24/2035 |  | 2000 |  | (5) |  | 10 |  | 5 |  | 0 | 0 |  | (4) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.520 | Annual | Annual | 03/27/2035 |  | 1400 |  | (4) |  | (6) |  | (10) |  | 0 | 0 |  | (3) |
| Pay | Pay | 6-Month EUR-EURIBOR | 6-Month EUR-EURIBOR | 2.460 | Annual | Annual | 04/01/2035 |  | 1900 |  | (5) |  | (20) |  | (25) |  | 0 | 0 |  | (4) |
|  |  |  |  |  |  |  |  |  | $ | $(1293) | (1293) | $(4525) | (4525) | $(5818) | (5818) | $91 | 91 | 91 | $(1721) | (1721) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | $**(1169)** | **(1169)** | $**(4502)** | **(4502)** | $**(5671)** | **(5671)** | $**93** | **93** | **93** | $**(1721)** | **(1721)** |
| **(j)** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Securities with an aggregate market value of $42,049 and cash of $18,513 have been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. | Future styled option variation margin asset of $3 and liability of $(2) is outstanding at period end. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(6)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(k)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** | **FORWARD FOREIGN CURRENCY CONTRACTS:** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> | <u>Unrealized Appreciation/(Depreciation)</u> |
| &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | &nbsp;&nbsp;&nbsp;&nbsp; Counterparty | Settlement<br>Month | Settlement<br>Month | Settlement<br>Month |  | Currency to<br>be Delivered | Currency to<br>be Delivered | Currency to<br>be Delivered |  | Currency to<br>be Received | Currency to<br>be Received | Currency to<br>be Received | Asset | Asset | Asset | Asset | Liability | Liability | Liability |
| &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | &nbsp;&nbsp;&nbsp;&nbsp; AZD | 07/2025  | 07/2025  | 07/2025  | CNH | 544 | 544 | 544 | $ | $75 | 75 | 75 | 0 | 0 | 0 | 0 | $(1) | (1) | (1) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $75 | 75 | 75 | AUD | 116 | 116 | 116 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  |  | 3117 | 3117 | 3117 | NZD | 5179 | 5179 | 5179 | 40 | 40 | 40 | 40 | 0 | 0 | 0 |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | AUD | 116 | 116 | 116 | $ | $75 | 75 | 75 | 0 | 0 | 0 | 0 | (1) | (1) | (1) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | CNH | 41330 | 41330 | 41330 |  | 5787 | 5787 | 5787 | 0 | 0 | 0 | 0 | (9) | (9) | (9) |
|  |  |  | 08/2025  | 08/2025  | 08/2025  | NZD | 5179 | 5179 | 5179 |  | 3120 | 3120 | 3120 | 0 | 0 | 0 | 0 | (40) | (40) | (40) |
| &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | &nbsp;&nbsp;&nbsp;&nbsp; BOA | 07/2025  | 07/2025  | 07/2025  | EUR | 56316 | 56316 | 56316 |  | 64035 | 64035 | 64035 | 0 | 0 | 0 | 0 | (2303) | (2303) | (2303) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | IDR | 105662038 | 105662038 | 105662038 |  | 6476 | 6476 | 6476 | 0 | 0 | 0 | 0 | (39) | (39) | (39) |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | SGD | 11 | 11 | 11 |  | 9 | 9 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|  |  |  | 07/2025  | 07/2025  | 07/2025  | $ | $4446 | 4446 | 4446 | KRW | 6060804 | 6060804 | 6060804 | 37 | 37 | 37 | 37 | 0 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | 08/2025  | 10165 | $1421 | 0 | (5) |
|  | 08/2025  | 746 | 23 | 0 | (3) |
|  | 08/2025  | $6989 | 49972 | 18 | 0 |
|  | 08/2025  | 9 | 11 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; BPS | 07/2025  | 813 | $149 | 0 | (1) |
|  | 07/2025  | 755 | 23 | 0 | 0 |
|  | 07/2025  | 132468 | 4070 | 0 | (490) |
|  | 07/2025  | $143 | 813 | 7 | 0 |
|  | 07/2025  | 1820 | 29704507 | 12 | 0 |
|  | 07/2025  | 1210 | 40039 | 23 | 0 |
|  | 07/2025  | 13 | 380 | 0 | 0 |
|  | 08/2025  | 36114 | $5056 | 0 | (8) |
|  | 08/2025  | 1096 | 13 | 0 | 0 |
|  | 08/2025  | 732 | 23 | 0 | (3) |
|  | 08/2025  | $7143 | 50946 | 1 | 0 |
|  | 08/2025  | 2 | 247 | 0 | 0 |
|  | 08/2025  | 287 | 9384 | 40 | 0 |
|  | 10/2025  | 169071 | $28103 | 0 | (2306) |
| &nbsp;&nbsp;&nbsp;&nbsp; BRC | 07/2025  | 1329 | 394 | 0 | (1) |
|  | 07/2025  | 123858 | 90 | 0 | (2) |
|  | 07/2025  | 199 | 20 | 0 | 0 |
|  | 07/2025  | $5660 | 4160 | 50 | 0 |
|  | 07/2025  | 794 | 2763 | 27 | 0 |
|  | 07/2025  | 26 | 3712 | 0 | 0 |
|  | 07/2025  | 35 | 47550 | 1 | 0 |
|  | 07/2025  | 130 | 485 | 5 | 0 |
|  | 07/2025  | 5185 | 93718 | 101 | 0 |
|  | 08/2025  | 4160 | $5661 | 0 | (50) |
| &nbsp;&nbsp;&nbsp;&nbsp; BSH | 07/2025  | $533 | 3501 | 20 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; CBK | 07/2025  | 12526325 | $9114 | 0 | (151) |
|  | 07/2025  | 39533 | 1189 | 0 | (29) |
|  | 07/2025  | 34380 | 1055 | 0 | (129) |
|  | 07/2025  | $756 | 12303347 | 3 | 0 |
|  | 07/2025  | 3436 | 4706680 | 46 | 0 |
|  | 07/2025  | 476 | 15892 | 13 | 0 |
|  | 07/2025  | 17303 | 514237 | 402 | 0 |
|  | 08/2025  | 173 | $24 | 0 | 0 |
|  | 08/2025  | 6334 | 73 | 0 | 0 |
|  | 08/2025  | 73346 | 2264 | 0 | (286) |
|  | 08/2025  | $5436 | 39366 | 84 | 0 |
|  | 08/2025  | 911 | 78434 | 2 | 0 |
|  | 08/2025  | 35 | 1156 | 5 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; DUB | 07/2025  | 2635 | $414 | 0 | (2) |
|  | 07/2025  | $67594 | 58266 | 1040 | 0 |
|  | 07/2025  | 387 | 1342 | 11 | 0 |
|  | 07/2025  | 450 | 13374 | 10 | 0 |
|  | 08/2025  | 58138 | $67594 | 0 | (1039) |
|  | 08/2025  | 3775 | 44 | 0 | 0 |
|  | 08/2025  | $414 | 2628 | 2 | 0 |
|  | 09/2025  | 1 | 10 | 0 | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; FAR | 07/2025  | 116 | $75 | 0 | (2) |
|  | 07/2025  | 377799 | 66079 | 0 | (3457) |
|  | 07/2025  | 1761 | 2139 | 0 | (81) |
|  | 07/2025  | 276 | 38 | 0 | 0 |
|  | 07/2025  | 3581 | 563 | 0 | (3) |
|  | 07/2025  | 1169431 | 8034 | 0 | (87) |
|  | 07/2025  | 4 | 3 | 0 | 0 |
|  | 07/2025  | $69144 | 377799 | 392 | 0 |
|  | 07/2025  | 2197 | 1759 | 20 | 0 |
|  | 07/2025  | 14274 | 2047715 | 0 | (54) |
|  | 07/2025  | 666 | 1115 | 13 | 0 |
|  | 08/2025  | 1752 | $2197 | 0 | (20) |
|  | 08/2025  | 38118 | 5327 | 0 | (18) |
|  | 08/2025  | 1808 | 21 | 0 | 0 |
|  | 08/2025  | $563 | 3572 | 3 | 0 |
|  | 08/2025  | 8034 | 1165131 | 87 | 0 |
|  | 08/2025  | 3 | 4 | 0 | 0 |
|  | 09/2025  | 39786 | $7095 | 0 | (117) |
|  | 09/2025  | 8535 | 438 | 0 | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp; GLM | 07/2025  | 930031 | 28594 | 0 | (3426) |
|  | 07/2025  | $179 | 2912796 | 1 | 0 |
|  | 07/2025  | 22 | 391 | 0 | 0 |
|  | 08/2025  | 885 | 29049 | 125 | 0 |
|  | 10/2025  | 517928 | $84766 | 0 | (8390) |
| &nbsp;&nbsp;&nbsp;&nbsp; JPM | 07/2025  | 524 | 73 | 0 | (1) |
|  | 07/2025  | 6294 | 3754 | 0 | (83) |
|  | 07/2025  | 7 | 6 | 0 | 0 |
|  | 07/2025  | 5121 | 159 | 0 | (17) |
|  | 07/2025  | $411 | 2713 | 18 | 0 |
|  | 07/2025  | 286 | 391941 | 4 | 0 |
|  | 07/2025  | 1388 | 5214 | 58 | 0 |
|  | 07/2025  | 60 | 77 | 1 | 0 |
|  | 07/2025  | 2158 | 64076 | 48 | 0 |
|  | 07/2025  | 1487 | 26573 | 12 | 0 |
|  | 08/2025  | 39183 | $5480 | 0 | (15) |
|  | 08/2025  | 1222 | 14 | 0 | 0 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | 08/2025  | 08/2025  | 82631 | 82631 |  | 2542 |  | 0 | 0 | 0 |  | (330) |
|  |  | 08/2025  | 08/2025  | $7209 | 7209 | CNH | 51523 |  | 16 | 16 | 16 |  | 0 |
|  |  | 08/2025  | 08/2025  | 6 | 6 | SGD | 7 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 16 | 16 | TWD | 524 |  | 2 | 2 | 2 |  | 0 |
|  |  | 04/2026  | 04/2026  | 52000 | 52000 | $ | 8822 |  | 0 | 0 | 0 |  | (124) |
| &nbsp;&nbsp;&nbsp;&nbsp; MBC | &nbsp;&nbsp;&nbsp;&nbsp; MBC | 07/2025  | 07/2025  | 3315 | 3315 |  | 2414 |  | 0 | 0 | 0 |  | (21) |
|  |  | 07/2025  | 07/2025  | 251 | 251 |  | 35 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1950 | 1950 |  | 2239 |  | 0 | 0 | 0 |  | (58) |
|  |  | 07/2025  | 07/2025  | 192 | 192 |  | 149 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | 07/2025  | 19845 | 19845 |  | 600 |  | 0 | 0 | 0 |  | (12) |
|  |  | 07/2025  | 07/2025  | 681 | 681 |  | 21 |  | 0 | 0 | 0 |  | (3) |
|  |  | 07/2025  | 07/2025  | $2413 | 2413 | CAD | 3317 |  | 23 | 23 | 23 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1216 | 1216 | GBP | 897 |  | 16 | 16 | 16 |  | 0 |
|  |  | 07/2025  | 07/2025  | 151 | 151 | IDR | 2445827 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 625 | 625 | JPY | 89823 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 996 | 996 | PLN | 3728 |  | 39 | 39 | 39 |  | 0 |
|  |  | 07/2025  | 07/2025  | 144 | 144 | SGD | 185 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  | 714 | 714 | THB | 23811 |  | 19 | 19 | 19 |  | 0 |
|  |  | 07/2025  | 07/2025  | 1992 | 1992 | TWD | 63118 |  | 181 | 181 | 181 |  | 0 |
|  |  | 08/2025  | 08/2025  | 3311 | 3311 | $ | 2413 |  | 0 | 0 | 0 |  | (23) |
|  |  | 08/2025  | 08/2025  | 11833 | 11833 |  | 1649 |  | 0 | 0 | 0 |  | (10) |
|  |  | 08/2025  | 08/2025  | 45297 | 45297 |  | 1419 |  | 0 | 0 | 0 |  | (156) |
|  |  | 08/2025  | 08/2025  | $3612 | 3612 | CNH | 26114 |  | 50 | 50 | 50 |  | 0 |
|  |  | 08/2025  | 08/2025  | 9 | 9 | JPY | 1314 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 149 | 149 | SGD | 192 |  | 3 | 3 | 3 |  | 0 |
|  |  | 08/2025  | 08/2025  | 18 | 18 | TWD | 574 |  | 2 | 2 | 2 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; MYI | &nbsp;&nbsp;&nbsp;&nbsp; MYI | 07/2025  | 07/2025  | 393254 | 393254 | $ | 2698 |  | 0 | 0 | 0 |  | (33) |
|  |  | 07/2025  | 07/2025  | $320 | 320 | JPY | 46257 |  | 1 | 1 | 1 |  | 0 |
|  |  | 07/2025  | 07/2025  | 187 | 187 | NOK | 1882 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 38852 | 38852 | $ | 5427 |  | 0 | 0 | 0 |  | (21) |
|  |  | 08/2025  | 08/2025  | 1882 | 1882 |  | 187 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $2698 | 2698 | JPY | 391809 |  | 33 | 33 | 33 |  | 0 |
|  |  | 10/2025  | 10/2025  | 18539 | 18539 | $ | 3049 |  | 0 | 0 | 0 |  | (286) |
| &nbsp;&nbsp;&nbsp;&nbsp; NGF | &nbsp;&nbsp;&nbsp;&nbsp; NGF | 07/2025  | 07/2025  | $2139 | 2139 | IDR | 34862603 |  | 11 | 11 | 11 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; RYL | &nbsp;&nbsp;&nbsp;&nbsp; RYL | 08/2025  | 08/2025  | 3053 | 3053 | CNH | 22164 |  | 55 | 55 | 55 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SCX | &nbsp;&nbsp;&nbsp;&nbsp; SCX | 07/2025  | 07/2025  | 4381 | 4381 | $ | 30 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 38 | 38 |  | 30 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | $831 | 831 | IDR | 13546530 |  | 4 | 4 | 4 |  | 0 |
|  |  | 07/2025  | 07/2025  | 6 | 6 | ILS | 20 |  | 0 | 0 | 0 |  | 0 |
|  |  | 07/2025  | 07/2025  | 19467 | 19467 | TWD | 576104 |  | 368 | 368 | 368 |  | 0 |
|  |  | 08/2025  | 08/2025  | 66936 | 66936 | $ | 9370 |  | 0 | 0 | 0 |  | (16) |
|  |  | 08/2025  | 08/2025  | 1266 | 1266 |  | 15 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $6042 | 6042 | CNH | 43749 |  | 92 | 92 | 92 |  | 0 |
|  |  | 08/2025  | 08/2025  | 30 | 30 | JPY | 4365 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 30 | 30 | SGD | 38 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 10 | 10 | TWD | 343 |  | 1 | 1 | 1 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SOG | &nbsp;&nbsp;&nbsp;&nbsp; SOG | 07/2025  | 07/2025  | 649056 | 649056 | $ | 4496 |  | 0 | 0 | 0 |  | (11) |
|  |  | 07/2025  | 07/2025  | $20 | 20 | NOK | 196 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | 196 | 196 | $ | 20 |  | 0 | 0 | 0 |  | 0 |
|  |  | 08/2025  | 08/2025  | $4496 | 4496 | JPY | 646674 |  | 11 | 11 | 11 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; SSB | &nbsp;&nbsp;&nbsp;&nbsp; SSB | 07/2025  | 07/2025  | 5057 | 5057 | $ | 6847 |  | 0 | 0 | 0 |  | (94) |
|  |  | 07/2025  | 07/2025  | $57775 | 57775 | BRL | 337900 |  | 4417 | 4417 | 4417 |  | 0 |
| &nbsp;&nbsp;&nbsp;&nbsp; UAG | &nbsp;&nbsp;&nbsp;&nbsp; UAG | 07/2025  | 07/2025  | 1879 | 1879 | $ | 185 |  | 0 | 0 | 0 |  | (1) |
|  |  | 07/2025  | 07/2025  | 3204 | 3204 |  | 96 |  | 0 | 0 | 0 |  | (2) |
|  |  | 07/2025  | 07/2025  | $57 | 57 | ILS | 203 |  | 4 | 4 | 4 |  | 0 |
|  |  | 07/2025  | 07/2025  | 209 | 209 | JPY | 30182 |  | 1 | 1 | 1 |  | 0 |
| **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | **Total Forward Foreign Currency Contracts** | $**8133** | **8133** | **8133** | **$** | $**(23887)** | **(23887)** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Exercise<br>Rate | Exercise<br>Rate | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost |  | Market<br>Value |
| DUB | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.750% | 3.750% | 235400 | 235400 | 235400 | $1262 | 1262 | $ | $815 |
| FAR | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3.750 | 3.750 | 568400 | 568400 | 568400 | 3467 | 3467 |  | 493 |
| MYC | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 5.000 | 5.000 | 675000 | 675000 | 675000 | 810 | 810 |  | 0 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**5539** | **5539** | **$** | $**1308** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** | **CREDIT DEFAULT SWAPTIONS ON CREDIT INDEXES** |
| Counterparty | Description | Description | Description | Description | Exercise<br>Rate | Exercise<br>Rate | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Premiums<br>(Received) |  | Market<br>Value |
| GST | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | 0.850% | 0.850% | 4800 | 4800 | 4800 | $(7) | (7) | $ | $0 |
| RBC | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | Put - OTC CDX.IG-44 5-Year Index  | 0.850 | 0.850 | 6000 | 6000 | 6000 | (7) | (7) |  | (1) |
|  |  |  |  |  |  |  |  |  |  | $(14) | (14) | $ | $(1) |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** | **INTEREST** **RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.770% | 07/09/2025 | 2800 | $(9) | $(26) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.120 | 07/09/2025 | 2800 | (9) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.637 | 07/18/2025 | 2000 | (6) | (10) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.037 | 07/18/2025 | 2000 | (6) | (1) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.700 | 07/21/2025 | 4500 | (14) | (35) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.050 | 07/21/2025 | 4500 | (14) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.555 | 07/24/2025 | 3200 | (10) | (12) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.905 | 07/24/2025 | 3200 | (10) | (6) |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.605 | 07/23/2025 | 2400 | (9) | (11) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.955 | 07/23/2025 | 2400 | (8) | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.564 | 07/24/2025 | 2600 | (9) | (10) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.914 | 07/24/2025 | 2600 | (8) | (5) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Receive | 2.380 | 07/03/2025 | 1400 | (4) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | 2.640 | 07/03/2025 | 1400 | (4) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Receive | 2.460 | 07/16/2025 | 1000 | (3) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 6-Month EUR-EURIBOR | Pay | 2.720 | 07/16/2025 | 1000 | (3) | (2) |
| DUB | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 2.830 | 10/30/2025 | 235400 | (480) | (138) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.290 | 10/30/2025 | 235400 | (786) | (327) |
| FAR | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 2.750 | 08/01/2025 | 568400 | (1307) | (9) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.250 | 08/01/2025 | 568400 | (2160) | (60) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.750 | 07/03/2025 | 3700 | (14) | (25) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.100 | 07/03/2025 | 3700 | (14) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.790 | 07/09/2025 | 3300 | (11) | (34) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.140 | 07/09/2025 | 3300 | (11) | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.680 | 07/07/2025 | 600 | (2) | (2) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.775 | 07/07/2025 | 6000 | (19) | (53) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.030 | 07/07/2025 | 600 | (2) | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.125 | 07/07/2025 | 6000 | (19) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.653 | 07/14/2025 | 2800 | (8) | (12) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.053 | 07/14/2025 | 2800 | (8) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.695 | 07/17/2025 | 2200 | (7) | (15) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.095 | 07/17/2025 | 2200 | (6) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.583 | 07/23/2025 | 1500 | (5) | (6) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.933 | 07/23/2025 | 1500 | (5) | (2) |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.772 | 07/10/2025 | 2500 | (8) | (24) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.122 | 07/10/2025 | 2500 | (8) | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.715 | 07/02/2025 | 6000 | (22) | (25) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.065 | 07/02/2025 | 6000 | (22) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.725 | 07/03/2025 | 2700 | (10) | (14) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.075 | 07/03/2025 | 2700 | (10) | 0 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.669 | 3.669 | 07/07/2025 | 07/07/2025 | 2600 |  | (10) | (10) | (9) | (9) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.019 | 4.019 | 07/07/2025 | 07/07/2025 | 2600 |  | (10) | (10) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.664 | 3.664 | 07/14/2025 | 07/14/2025 | 3700 |  | (11) | (11) | (18) | (18) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.064 | 4.064 | 07/14/2025 | 07/14/2025 | 3700 |  | (11) | (11) | 0 | 0 |
|  |  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | Receive | 3.697 | 3.697 | 07/16/2025 | 07/16/2025 | 3500 |  | (10) | (10) | (24) | (24) |
|  |  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | Pay | 4.097 | 4.097 | 07/16/2025 | 07/16/2025 | 3500 |  | (10) | (10) | (1) | (1) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (5132) | (5132) | $(924) | (924) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | **(5146)** | **(5146)** | $**(925)** | **(925)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE AND SOVEREIGN ISSUES - SELL PROTECTION**<sup>(2)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> | <u>Swap Agreements, at Value</u><sup>(5)</sup> |
| Counterparty | Counterparty | Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(3)</sup> | Notional<br>Amount<sup>(4)</sup> | Premiums<br>Paid/(Received) | Premiums<br>Paid/(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Liability |
| BOA | BOA | South Africa Government International Bond  | South Africa Government International Bond  | 1.000% | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750% | 0.750% | $38000 | $(1834) | (1834) | 1982 | $148 | 148 | $0 |
| BPS | BPS | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 1.163 | 3000 | (144) | (144) | 136 | 0 | 0 | (8) |
|  |  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.337 | 1.337 | 600 | (53) | (53) | 49 | 0 | 0 | (4) |
| BRC | BRC | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 1.050 | 1.050 | 1800 | (88) | (88) | 87 | 0 | 0 | (1) |
| CBK | CBK | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 1.050 | 1.050 | 7200 | (352) | (352) | 349 | 0 | 0 | (3) |
|  |  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.162 | 1.162 | 1800 | (65) | (65) | 60 | 0 | 0 | (5) |
|  |  | South Africa Government International Bond  | South Africa Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750 | 0.750 | 9200 | (444) | (444) | 480 | 36 | 36 | 0 |
| GST | GST | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 1.163 | 1100 | (40) | (40) | 37 | 0 | 0 | (3) |
|  |  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.344 | 1.344 | 600 | (53) | (53) | 48 | 0 | 0 | (5) |
|  |  | Equinix, Inc.  | Equinix, Inc.  | 5.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 0.720 | 0.720 | 11400 | 1594 | 1594 | (649) | 945 | 945 | 0 |
|  |  | Soft Bank Group,Inc.  | Soft Bank Group,Inc.  | 1.000 | Quarterly | Quarterly | 06/20/2026 | 06/20/2026 | 1.490 | 1.490 | 1600 | (14) | (14) | 7 | 0 | 0 | (7) |
| MYC | MYC | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 06/20/2027 | 06/20/2027 | 1.163 | 1.163 | 9400 | (424) | (424) | 398 | 0 | 0 | (26) |
|  |  | Colombia Government International Bond  | Colombia Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2027 | 12/20/2027 | 1.344 | 1.344 | 10800 | (963) | (963) | 881 | 0 | 0 | (82) |
|  |  | South Africa Government International Bond  | South Africa Government International Bond  | 1.000 | Quarterly | Quarterly | 12/20/2026 | 12/20/2026 | 0.750 | 0.750 | 46800 | (2247) | (2247) | 2429 | 182 | 182 | 0 |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | $**(5127)** | **(5127)** | **6294** | $**1311** | **1311** | $**(144)** |
| **(l)** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** | **Securities with an aggregate market value of $18,491 have been pledged as collateral for financial derivative instruments as governed by International Swaps and Derivatives Association, Inc. master agreements as of June 30, 2025.** |
| <sup>(1)</sup> | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| <sup>(2)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(3)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on corporate or sovereign issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(4)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(5)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |  |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |  |

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<br> Schedule of Investments PIMCO Low Duration Fund (Cont.) June 30, 2025 (Unaudited)

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| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** | **Investments** **in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | $0 | $528342 | $1509 | $529851 |
| Industrials | 0 | 207243 | 2442 | 209685 |
| Utilities | 0 | 45279 | 0 | 45279 |
| U.S. Government Agencies | 0 | 2693768 | 8010 | 2701778 |
| U.S. Treasury Obligations | 0 | 1010777 | 0 | 1010777 |
| Non-Agency Mortgage-Backed Securities | 0 | 288154 | 0 | 288154 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile ABS Other | 0 | 4103 | 0 | 4103 |
| Automobile Sequential | 0 | 65552 | 0 | 65552 |
| CMBS Other | 0 | 142786 | 0 | 142786 |
| Credit Card Bullet | 0 | 12907 | 0 | 12907 |
| Credit Card Other | 0 | 17927 | 0 | 17927 |
| Finance Consumer Loans | 0 | 442 | 0 | 442 |
| Home Equity Other | 0 | 15175 | 0 | 15175 |
| Manufacturing House Sequential | 0 | 36 | 0 | 36 |
| Whole Loan Collateral | 0 | 2848 | 0 | 2848 |
| Other ABS | 0 | 155541 | 0 | 155541 |
| Sovereign Issues | 0 | 168521 | 0 | 168521 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Commercial Paper | 0 | 172318 | 0 | 172318 |
| Mutual Funds | 0 | 1081 | 0 | 1081 |
| Repurchase Agreements | 0 | 2550900 | 0 | 2550900 |
| U.S. Treasury Bills | 0 | 2769 | 0 | 2769 |
|  | $0 | $8086469 | $11961 | $8098430 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | $868495 | $0 | $0 | $868495 |
| Total Investments | $868495 | $8086469 | $11961 | $8966925 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | $0 | $(521169) | $0 | $(521169) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | 3 | 2406 | 0 | 2409 |
| Over the counter | 0 | 10752 | 0 | 10752 |
|  | $3 | $13158 | $0 | $13161 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | (22) | (5020) | 0 | (5042) |
| Over the counter | 0 | (24956) | 0 | (24956) |
|  | $(22) | $(29976) | $0 | $(29998) |
| Total Financial Derivative Instruments | $(19) | $(16818) | $0 | $(16837) |
| Totals | $868476 | $7548482 | $11961 | $8428919 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

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------

<br> Schedule of Investments PIMCO Low Duration Fund II June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 100.4% ¤** |  |  |
| **CORPORATE BONDS & NOTES 7.4%**  |  |  |
| **BANKING & FINANCE 4.0%**  |  |  |
| **Athene Global Funding** <br>5.097% due 07/16/2026 •  | $700 | $701 |
| **Bank of America Corp.** <br>4.623% due 05/09/2029 •  | 600 | 604 |
| **Citibank NA**  |  |  |
| 4.876% due 11/19/2027 •  | 300 | 302 |
| 5.438% due 04/30/2026  | 900 | 907 |
| **Goldman Sachs Group, Inc.** <br>5.798% due 08/10/2026 •  | 1600 | 1602 |
| **JPMorgan Chase & Co.**  |  |  |
| 5.171% due 09/22/2027 ~  | 1000 | 1003 |
| 5.280% due 07/22/2028 ~  | 600 | 602 |
| **Metropolitan Life Global Funding** <br>0.950% due 07/02/2025 | 1300 | 1300 |
| **Morgan Stanley Bank NA** <br>4.968% due 07/14/2028 •  | 300 | 304 |
| **Pricoa Global Funding** <br>4.200% due 08/28/2025 | 900 | 899 |
| **Protective Life Global Funding** <br>4.850% due 07/22/2026 ~ | 400 | 400 |
| **Toyota Motor Credit Corp.** <br>4.550% due 08/07/2026 | 300 | 301 |
| **Wells Fargo & Co.**  |  |  |
| 4.970% due 04/23/2029 •  | 200 | 203 |
| 5.707% due 04/22/2028 •  | 800 | 818 |
| **Wells Fargo Bank NA** <br>5.254% due 12/11/2026 | 800 | 812 |
|  |  | 10758 |
| **INDUSTRIALS 2.6%**  |  |  |
| **AbbVie, Inc.** <br>4.800% due 03/15/2027 | 1000 | 1010 |
| **American Airlines Pass-Through Trust** <br>3.575% due 07/15/2029 | 894 | 866 |
| **BMW U.S. Capital LLC**  |  |  |
| 4.750% due 03/21/2028  | 500 | 506 |
| 5.050% due 08/11/2028  | 400 | 408 |
| **Hyundai Capital America**  |  |  |
| 1.800% due 01/10/2028  | 100 | 93 |
| 4.875% due 06/23/2027  | 300 | 302 |
| 5.300% due 03/19/2027  | 1000 | 1011 |
| **International Business Machines Corp.** <br>4.650% due 02/10/2028 | 600 | 607 |
| **Mars, Inc.** <br>4.450% due 03/01/2027 | 200 | 201 |
| **Mercedes-Benz Finance North America LLC**  |  |  |
| 4.750% due 03/31/2028  | 450 | 454 |
| 4.900% due 11/15/2027  | 150 | 152 |
| **Philip Morris International, Inc.** <br>4.125% due 04/28/2028 | 600 | 599 |
| **Volkswagen Group of America Finance LLC**  |  |  |
| 4.950% due 03/25/2027  | 500 | 502 |
| 5.050% due 03/27/2028  | 400 | 402 |
|  |  | 7113 |
| **UTILITIES 0.8%**  |  |  |
| **NextEra Energy Capital Holdings, Inc.** <br>5.159% due 02/04/2028 ~ | 200 | 201 |
| **Niagara Mohawk Power Corp.** <br>4.278% due 12/15/2028 | 1100 | 1092 |

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<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Southern** **California Edison Co.** <br>5.350% due 03/01/2026 | 900 | 905 |
|  |  | 2198 |
| Total Corporate Bonds & Notes (Cost $20,091) |  | 20069 |
| **U.S. GOVERNMENT AGENCIES 46.1%**  |  |  |
| **Fannie Mae**  |  |  |
| 1.830% due 01/25/2040 •(a) | 517 | 50 |
| 2.000% due 06/25/2042 - 11/25/2046 | 1296 | 1219 |
| 2.080% due 10/01/2026 | 200 | 195 |
| 2.500% due 11/01/2027 - 06/01/2028 | 241 | 237 |
| 3.000% due 04/01/2027 - 06/01/2028 | 53 | 52 |
| 3.150% due 03/01/2026 | 600 | 594 |
| 3.590% due 12/01/2025 | 600 | 596 |
| 4.000% due 01/25/2033 | 1 | 1 |
| 4.410% due 09/01/2028 •  | 3 | 3 |
| 4.430% due 08/01/2028 | 500 | 507 |
| 4.500% due 01/01/2036 | 122 | 121 |
| 4.735% due 12/25/2042 ~ | 24 | 25 |
| 4.864% due 03/25/2049 •  | 446 | 442 |
| 4.870% due 10/25/2030 •  | 6 | 6 |
| 5.150% due 01/25/2051 •  | 382 | 382 |
| 5.205% due 03/25/2055 •  | 485 | 485 |
| 5.465% due 03/25/2055 •  | 477 | 477 |
| 5.697% due 07/01/2042 •  | 19 | 19 |
| 5.747% due 09/01/2041 •  | 54 | 54 |
| 5.805% due 12/25/2054 •  | 824 | 831 |
| 5.897% due 08/01/2030 •  | 23 | 23 |
| 6.375% due 01/01/2035 •  | 12 | 12 |
| 6.703% due 07/01/2035 •  | 2 | 3 |
| 6.810% due 06/01/2035 •  | 47 | 48 |
| 7.018% due 05/01/2038 •  | 77 | 80 |
| 7.037% due 11/01/2034 •  | 50 | 52 |
| **Freddie Mac**  |  |  |
| 0.000% due 05/15/2037 (b)(c) | 31 | 29 |
| 0.650% due 10/22/2025 - 10/27/2025 | 10600 | 10478 |
| 0.680% due 08/06/2025 | 8300 | 8268 |
| 0.800% due 10/28/2026 | 2600 | 2494 |
| 2.032% due 04/15/2037 •(a) | 452 | 48 |
| 2.611% due 08/15/2044 •  | 201 | 206 |
| 2.920% due 01/25/2026 | 59 | 58 |
| 3.000% due 01/01/2027 - 05/01/2029 | 36 | 36 |
| 3.250% due 10/25/2033 | 239 | 238 |
| 4.000% due 08/01/2048 | 898 | 852 |
| 4.814% due 07/15/2044 •  | 194 | 191 |
| 4.862% due 08/25/2027 •  | 500 | 500 |
| 4.864% due 12/15/2042 •  | 261 | 258 |
| 4.968% due 07/15/2041 •  | 228 | 227 |
| 5.138% due 05/15/2037 •  | 100 | 100 |
| 5.150% due 03/15/2050 •  | 445 | 440 |
| 5.245% due 11/25/2054 •  | 472 | 471 |
| 5.250% due 12/15/2050 •  | 313 | 312 |
| 5.255% due 03/25/2055 •  | 466 | 462 |
| 5.275% due 08/25/2054 •  | 627 | 628 |
| 5.404% due 07/25/2055 •  | 500 | 500 |
| 5.455% due 03/25/2055 •  | 444 | 445 |
| 5.500% due 01/25/2047 | 270 | 272 |
| 5.599% due 02/25/2045 •  | 164 | 159 |
| 5.705% due 03/25/2055 •  | 461 | 463 |
| 6.500% due 07/25/2043 | 232 | 241 |
| 6.886% due 07/01/2035 •  | 9 | 9 |
| **Ginnie Mae**  |  |  |
| 3.000% due 03/20/2030 - 06/20/2030 | 126 | 124 |
| 4.500% due 08/20/2048 | 831 | 810 |
| 4.625% due 07/20/2030 •  | 10 | 10 |
| 4.750% (H15T1Y + 1.500%) due 10/20/2025 ~ | 1 | 1 |
| 4.875% due 04/20/2027 - 05/20/2027 •  | 7 | 7 |
| 4.893% due 06/20/2065 •  | 49 | 49 |
| 4.946% due 07/20/2067 •  | 281 | 281 |
| 4.952% due 02/20/2074 •  | 362 | 362 |
| 5.046% due 03/20/2065 •  | 512 | 512 |
| 5.076% due 03/20/2065 •  | 364 | 364 |
| 5.102% due 04/20/2072 •  | 496 | 494 |
| 5.202% due 01/20/2073 - 08/20/2073 •  | 1566 | 1571 |
| 5.216% due 10/20/2066 •  | 268 | 268 |
| 5.246% due 05/20/2066 - 07/20/2066 •  | 261 | 262 |
| 5.296% due 04/20/2066 •  | 375 | 377 |
| 5.302% due 05/20/2073 •  | 949 | 959 |
| 5.346% due 04/20/2066 - 09/20/2069 •  | 802 | 805 |
| 5.402% due 05/20/2073 •  | 1040 | 1057 |
| 5.452% due 05/20/2073 •  | 768 | 776 |
| 5.462% due 11/20/2072 •  | 494 | 502 |
| 5.472% due 11/20/2072 •  | 600 | 611 |
| 5.696% due 08/20/2070 •  | 1143 | 1162 |
| 5.802% due 08/20/2071 •  | 493 | 503 |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 6.111% due 09/20/2067 •  | 932 | 947 |
| **Uniform Mortgage-Backed Security**  |  |  |
| 2.500% due 05/01/2028 - 12/01/2032 | 640 | 621 |
| 3.000% due 12/01/2026 - 04/01/2052 | 14237 | 12445 |
| 3.500% due 05/01/2032 - 11/01/2047 | 5014 | 4634 |
| 4.000% due 08/01/2048 - 08/01/2052 | 8152 | 7605 |
| 4.500% due 07/01/2025 - 05/01/2034 | 707 | 703 |
| 5.000% due 06/01/2053 - 08/01/2053 | 3969 | 3907 |
| 6.000% due 04/01/2055 | 799 | 823 |
| **Uniform Mortgage-Backed Security, TBA**  |  |  |
| 2.500% due 08/01/2055 | 900 | 746 |
| 5.000% due 08/01/2055 | 24200 | 23704 |
| 5.500% due 08/01/2055 | 2000 | 1998 |
| 6.000% due 08/01/2055 | 19200 | 19494 |
| Total U.S. Government Agencies (Cost $125,995) |  | 124393 |
| **U.S. TREASURY OBLIGATIONS 20.2%**  |  |  |
| **U.S. Treasury Inflation Protected Securities (d)** |  |  |
| 0.125% due 10/15/2025  | 247 | 246 |
| 0.375% due 07/15/2025  | 1353 | 1352 |
| 0.625% due 07/15/2032  | 1546 | 1442 |
| 1.125% due 01/15/2033  | 2261 | 2162 |
| **U.S. Treasury Notes**  |  |  |
| 3.625% due 05/15/2026 | 40200 | 40054 |
| 3.875% due 01/15/2026 | 7400 | 7391 |
| 4.875% due 04/30/2026 | 1900 | 1912 |
| Total U.S. Treasury Obligations (Cost $54,617) |  | 54559 |
| **NON-AGENCY MORTGAGE-BACKED SECURITIES 8.1%**  |  |  |
| **280 Park Avenue Mortgage Trust** <br>5.492% due 09/15/2034 •  | 900 | 892 |
| **Atrium Hotel Portfolio Trust** <br>5.539% due 12/15/2036 •  | 793 | 776 |
| **BAMLL Commercial Mortgage Securities Trust** <br>5.476% due 09/15/2038 •  | 900 | 861 |
| **Banc of America Funding Trust** <br>5.490% due 05/25/2035 ~ | 89 | 83 |
| **Barclays Commercial Mortgage Securities Trust**  |  |  |
| 3.662% due 04/15/2055 ~  | 1700 | 1563 |
| 5.609% due 07/15/2037 •  | 900 | 879 |
| **BCP Trust** <br>5.225% due 06/15/2038 •  | 900 | 812 |
| **Bear Stearns Adjustable Rate Mortgage Trust**  |  |  |
| 4.725% due 02/25/2036 ~  | 1 | 1 |
| 5.939% due 01/25/2034 ~  | 18 | 17 |
| **Bear Stearns ALT-A Trust** <br>5.467% due 05/25/2035 ~ | 66 | 63 |
| **BX Trust** <br>5.061% due 04/15/2039 •  | 337 | 336 |
| **Citigroup Mortgage Loan Trust, Inc.**  |  |  |
| 6.080% due 09/25/2035 •  | 9 | 10 |
| 6.180% due 09/25/2035 •  | 6 | 5 |
| **Colony Mortgage Capital Ltd.** <br>5.805% due 11/15/2038 •  | 746 | 733 |
| **COMM Mortgage Trust**  |  |  |
| 5.359% due 06/15/2034 •  | 900 | 861 |
| 5.726% due 12/15/2038 •  | 740 | 731 |
| **Countrywide Home Loan Mortgage Pass-Through Trust**  |  |  |
| 5.138% due 11/25/2034 ~  | 22 | 21 |
| 5.395% due 02/20/2035 ~  | 4 | 4 |
| 6.248% due 02/20/2036 •  | 147 | 136 |
| **Credit Suisse First Boston Mortgage Securities Corp.** <br>5.063% due 03/25/2032 ~ | 10 | 10 |
| **Credit Suisse Mortgage Capital Mortgage-Backed Trust** <br>5.826% due 07/15/2038 •  | 100 | 90 |
| **CRSNT Trust** <br>5.254% due 04/15/2036 •  | 1300 | 1284 |
| **DROP Mortgage Trust** <br>5.576% due 10/15/2043 •  | 1100 | 1068 |
| **Extended Stay America Trust** <br>5.506% due 07/15/2038 •  | 772 | 773 |
| **GS Mortgage-Backed Securities Trust**  |  |  |
| 2.500% due 04/25/2052 ~  | 750 | 612 |
| 3.000% due 09/25/2052 ~  | 829 | 707 |
| **GSR Mortgage Loan Trust**  |  |  |
| 4.857% due 06/25/2034 ~  | 129 | 126 |
| 5.293% due 09/25/2035 ~  | 82 | 79 |
| **Impac CMB Trust** <br>5.134% due 02/25/2036 •  | 221 | 210 |
| **JP Morgan Chase Commercial Mortgage Securities Trust** <br>5.776% due 12/15/2036 •  | 900 | 565 |
| **JP Morgan Mortgage Trust** <br>7.534% due 04/25/2035 ~ | 15 | 15 |

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<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **MASTR** **Adjustable Rate Mortgages Trust** <br>6.043% due 11/21/2034 ~ | 130 | 125 |
| **Mellon Residential Funding Corp. Mortgage Pass-Through Trust** <br>5.286% due 08/15/2032 •  | 207 | 205 |
| **Merrill Lynch Mortgage Investors Trust** <br>5.519% due 02/25/2035 ~ | 42 | 40 |
| **New Orleans Hotel Trust** <br>5.348% due 04/15/2032 •  | 900 | 894 |
| **OBX Trust**  |  |  |
| 3.000% due 01/25/2052 ~  | 708 | 603 |
| 5.000% due 10/25/2051 •  | 784 | 732 |
| **One Market Plaza Trust** <br>3.614% due 02/10/2032 | 1315 | 1257 |
| **Prime Mortgage Trust** <br>4.834% due 02/25/2034 •  | 5 | 4 |
| **SFO Commercial Mortgage Trust** <br>5.576% due 05/15/2038 •  | 1900 | 1893 |
| **Structured Asset Mortgage Investments Trust**  |  |  |
| 3.905% due 06/25/2029 ~  | 19 | 19 |
| 4.694% due 03/25/2037 •  | 94 | 35 |
| 4.932% due 07/19/2035 •  | 18 | 17 |
| 5.092% due 09/19/2032 •  | 6 | 6 |
| 5.192% due 05/19/2035 •  | 219 | 214 |
| **UWM Mortgage Trust** <br>5.000% due 12/25/2051 •  | 788 | 736 |
| **WaMu Mortgage Pass-Through Certificates Trust**  |  |  |
| 4.974% due 07/25/2045 •  | 22 | 22 |
| 4.974% due 12/25/2045 •  | 22 | 23 |
| 5.014% due 10/25/2045 •  | 14 | 14 |
| 5.469% due 01/25/2046 •  | 120 | 114 |
| 5.799% due 06/25/2042 •  | 5 | 5 |
| **Wells Fargo Mortgage-Backed Securities Trust** <br>3.920% due 11/25/2048 ~ | 512 | 490 |
| Total Non-Agency Mortgage-Backed Securities (Cost $22,916) |  | 21771 |
| **ASSET-BACKED SECURITIES 4.6%**  |  |  |
| **AUTOMOBILE ABS OTHER 0.3%**  |  |  |
| **Chesapeake Funding LLC** <br>5.074% due 05/15/2036 •  | 528 | 528 |
| **GM Financial Consumer Automobile Receivables Trust** <br>4.694% due 03/16/2027 •  | 243 | 243 |
|  |  | 771 |
| **AUTOMOBILE SEQUENTIAL 1.5%**  |  |  |
| **CarMax Auto Owner Trust** <br>3.490% due 02/16/2027 | 132 | 132 |
| **Carvana Auto Receivables Trust** <br>5.420% due 04/10/2028 | 617 | 619 |
| **Chase Auto Owner Trust** <br>5.480% due 04/26/2027 | 140 | 140 |
| **Chesapeake Funding LLC** <br>5.520% due 05/15/2036 | 528 | 534 |
| **FCCU Auto Receivables Trust** <br>5.760% due 11/15/2027 | 292 | 293 |
| **Ford Credit Auto Owner Trust** <br>4.850% due 08/15/2035 | 500 | 508 |
| **GM Financial Automobile Leasing Trust** <br>4.660% due 02/21/2028 | 500 | 504 |
| **Hertz Vehicle Financing LLC** <br>3.730% due 09/25/2026 | 450 | 449 |
| **LAD Auto Receivables Trust** <br>5.210% due 06/15/2027 | 67 | 67 |
| **M&T Bank Auto Receivables Trust** <br>5.590% due 02/17/2032 | 217 | 217 |
| **Santander Drive Auto Receivables Trust** <br>5.410% due 07/15/2027 | 284 | 284 |
| **SFS Auto Receivables Securitization Trust** <br>5.710% due 10/20/2027 | 294 | 295 |
|  |  | 4042 |
| **CMBS OTHER 1.0%**  |  |  |
| **BDS LLC** <br>6.121% due 03/19/2039 •  | 1133 | 1136 |
| **FS Rialto Issuer LLC** <br>6.202% due 01/19/2039 •  | 371 | 372 |
| **MF1 LLC** <br>6.468% due 06/19/2037 •  | 849 | 850 |

---

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<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Ready** **Capital Mortgage Financing LLC** <br>5.634% due 11/25/2036 •  | 216 | 216 |
|  |  | 2574 |
| **CREDIT CARD BULLET 0.3%**  |  |  |
| **Citibank Credit Card Issuance Trust** <br>5.036% due 08/07/2027 •  | 900 | 900 |
| **CREDIT CARD OTHER 0.4%**  |  |  |
| **Synchrony Card Funding LLC** <br>5.740% due 10/15/2029 | 1000 | 1019 |
| **HOME EQUITY OTHER 0.0%**  |  |  |
| **Asset-Backed Securities Corp. Home Equity Loan Trust** <br>6.076% due 03/15/2032 •  | 18 | 18 |
| **Credit-Based Asset Servicing & Securitization Trust** <br>4.554% due 11/25/2036 •  | 11 | 5 |
| **Fremont Home Loan Trust** <br>4.494% due 01/25/2037 •  | 6 | 3 |
| **GSAMP Trust** <br>4.504% due 12/25/2036 •  | 40 | 20 |
| **HSI Asset Loan Obligation Trust** <br>4.554% due 12/25/2036 •  | 69 | 20 |
| **Securitized Asset-Backed Receivables LLC Trust** <br>4.554% due 12/25/2036 •  | 78 | 17 |
|  |  | 83 |
| **OTHER ABS 1.1%**  |  |  |
| **Mosaic Solar Loan Trust** <br>2.640% due 01/20/2053 | 607 | 522 |
| **Navient Private Education Loan Trust** <br>5.876% due 07/16/2040 •  | 307 | 309 |
| **Pagaya AI Debt Trust** <br>6.258% due 10/15/2031 | 251 | 252 |
| **SMB Private Education Loan Trust**  |  |  |
| 3.940% due 02/16/2055  | 480 | 467 |
| 5.670% due 11/15/2052  | 527 | 541 |
| 5.754% due 02/16/2055 •  | 480 | 484 |
| **Stonepeak ABS** <br>2.301% due 02/28/2033 | 314 | 301 |
|  |  | 2876 |
| Total Asset-Backed Securities (Cost $12,419) |  | 12265 |
|  | SHARES |  |
| **SHORT-TERM INSTRUMENTS 14.0%**  |  |  |
| **MUTUAL FUNDS 0.4%**  |  |  |
| **State Street Institutional U.S. Government Money Market Fund, Premier Class** <br> 4.380% (e) | 1135300 | 1135 |
|  | PRINCIPAL<br>AMOUNT<br>(000s) |  |
| **REPURCHASE AGREEMENTS (f) 13.6%** |  | 36800 |
| Total Short-Term Instruments (Cost $37,935) |  | 37935 |
| Total Investments in Securities (Cost $273,973) |  | 270992 |
|  | SHARES |  |
| **INVESTMENTS IN AFFILIATES 15.9%**  |  |  |
| **SHORT-TERM INSTRUMENTS 15.9%**  |  |  |
| **CENTRAL FUNDS USED FOR CASH MANAGEMENT PURPOSES 15.9%**  |  |  |
| **PIMCO Short Asset Portfolio** | 3825222 | 37472 |
| **PIMCO Short-Term Floating NAV Portfolio III** | 556848 | 5422 |

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<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

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| | |
|:---|:---|
| Total Short-Term Instruments (Cost $42,480) | 42894 |
| Total Investments in Affiliates (Cost $42,480) | 42894 |
| Total Investments 116.3% (Cost $316,453) | $313886 |
| **Financial Derivative Instruments (g)(h) (0.0)**%(Cost or Premiums, net $650) | (86) |
| Other Assets and Liabilities, net (16.3)% | (43815) |
| Net Assets 100.0% | $269985 |

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<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  | **NOTES TO SCHEDULE OF INVESTMENTS:**  |
| **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** | **\* A zero balance may reflect actual amounts rounding to less than one thousand.** |
| **¤** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** | **The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.** |
| **~** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** | **Variable or Floating rate security. Rate shown is the rate in effect as of period end. Certain variable rate securities are not based on a published reference rate and spread, rather are determined by the issuer or agent and are based on current market conditions. Reference rate is as of reset date, which may vary by security. These securities may not indicate a reference rate and/or spread in their description.** |
| **•** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** | **Rate shown is the rate in effect as of period end. The rate may be based on a fixed rate, a capped rate or a floor rate and may convert to a variable or floating rate in the future. These securities do not indicate a reference rate and spread in their description.** |
| **(a)** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** | **Security is an Interest Only ("IO") or IO Strip.** |
| **(b)** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** | **Principal only security.** |
| **(c)** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** | **Zero coupon security.** |
| **(d)** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** | **Principal amount of security is adjusted for inflation.** |
| **(e)** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** | **Coupon represents a 7-Day Yield.** |
| **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** | **BORROWINGS AND OTHER FINANCING TRANSACTIONS** |
| **(f)** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** | **REPURCHASE AGREEMENTS:** |
| Counterparty | Maturity<br>Date | Principal<br>Amount | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | &nbsp;&nbsp; Collateralized By | Collateral<br>(Received) | Collateral<br>(Received) | Collateral<br>(Received) | Repurchase<br>Agreements,<br>at Value | Repurchase<br>Agreements,<br>at Value |  | Repurchase<br>Agreement<br>Proceeds<br>to be<br>Received<sup>(1)</sup> |
| SAL | 07/01/2025 | 36800 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | &nbsp;&nbsp; U.S.Treasury Bills 0.000% due 10/07/2025 | $(37551) | (37551) | (37551) | $ | 36800 | $ | $36805 |
| **Total Repurchase Agreements** | **Total Repurchase Agreements** | **Total Repurchase Agreements** |  |  |  |  |  |  | $**(37551)** | **(37551)** | **(37551)** | **$** | **36800** | **$** | $**36805** |
| **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** | **SHORT SALES:** |
| Description | Description | Description | Description | Description | Coupon | Maturity<br>Date |  | Principal<br>Amount | Principal<br>Amount | Principal<br>Amount | Proceeds | Proceeds | Proceeds | Payable for<br>Short Sales | Payable for<br>Short Sales |
| U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% | U.S. Government Agencies (7.9)% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.000% | 07/01/2055 | $ | $15100 | 15100 | 15100 | $ | $(12822) | (12822) | $ | $(13068) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 3.500 | 08/01/2055 |  | 5200 | 5200 | 5200 |  | (4652) | (4652) |  | (4681) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Uniform Mortgage-Backed Security, TBA  | 4.000 | 08/01/2055 |  | 3900 | 3900 | 3900 |  | (3589) | (3589) |  | (3626) |
| **Total Short Sales (7.9)%** | **Total Short Sales (7.9)%** | **Total Short Sales (7.9)%** | **Total Short Sales (7.9)%** | **Total Short Sales (7.9)%** |  |  |  |  |  |  | **$** | $**(21063)** | **(21063)** | **$** | $**(21375)** |
| <sup>(1)</sup> | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. | Includes accrued interest. |
| **(g)** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** | **FINANCIAL DERIVATIVE INSTRUMENTS: EXCHANGE-TRADED OR CENTRALLY CLEARED** |
| **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** | **WRITTEN OPTIONS:** |
| **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **FUTURE STYLED OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 07/25/2025 | 07/25/2025 | 07/25/2025 | 3 | $3 | 3 | 3 | (1) | (1) | (1) | (1) | 0 | 0 |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 07/25/2025 | 07/25/2025 | 07/25/2025 | 3 | 3 | 3 | 3 | (1) | (1) | (1) | (1) | (1) | (1) |
|  |  |  |  |  |  |  |  |  | $ | $(2) | (2) | (2) | (2) | $(1) | (1) |
| **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** | **OPTIONS ON EXCHANGE-TRADED FUTURES CONTRACTS** |
| Description | Description | Description | Strike<br>Price | Expiration<br>Date | Expiration<br>Date | # of<br>Contracts | Notional Amount | Notional Amount | Notional Amount | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Premiums<br>(Received) | Market<br>Value | Market<br>Value |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 109.500 | 07/25/2025 | 07/25/2025 | 2 | $2 | 2 | 2 | (1) | (1) | (1) | (1) | 0 | 0 |
| Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | Put - CBOE U.S. Treasury 10-Year Note August Futures  | 110.250 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | 7 | (1) | (1) | (1) | (1) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.500 | 07/25/2025 | 07/25/2025 | 2 | 2 | 2 | 2 | (1) | (1) | (1) | (1) | (1) | (1) |
| Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | Call - CBOE U.S. Treasury 10-Year Note August Futures  | 112.750 | 07/25/2025 | 07/25/2025 | 7 | 7 | 7 | 7 | (2) | (2) | (2) | (2) | (3) | (3) |
|  |  |  |  |  |  |  |  |  | $ | $(5) | (5) | (5) | (5) | $(5) | (5) |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **$** | $**(7)** | **(7)** | **(7)** | **(7)** | $**(6)** | **(6)** |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** | **FUTURES** **CONTRACTS:** |
| **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** | **LONG FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | U.S. Treasury 2-Year Note September Futures  | 09/2025 | 09/2025 | 981 | 204071 | 204071 | $735 | 735 | 735 | 735 | 54 | 54 | 54 | 0 |
| U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | U.S. Treasury 5-Year Note September Futures  | 09/2025 | 09/2025 | 334 | 36406 | 36406 | 385 | 385 | 385 | 385 | 43 | 43 | 43 | 0 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | 1120 | 1120 | 1120 | $ | 97 | 97 | $ | 0 |
| **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** | **SHORT FUTURES CONTRACTS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Description | Description | Description | Description | Description | Description |  |  | Expiration<br>Month | Expiration<br>Month | # of<br>Contracts | Notional<br>Amount | Notional<br>Amount | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Asset | Asset | Asset | Liability |
| U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | U.S. Treasury 10-Year Note September Futures  | 09/2025 | 09/2025 | 31 | (3476) | (3476) | $(49) | (49) | (49) | (49) | 0 | 0 | 0 | (10) |
| U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | U.S. Treasury 10-Year Ultra Long-Term Bond September Futures  | 09/2025 | 09/2025 | 210 | (23996) | (23996) | (424) | (424) | (424) | (424) | 0 | 0 | 0 | (102) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | (473) | (473) | (473) | $ | 0 | 0 | $ | (112) |
| **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **Total Futures Contracts** | **647** | **647** | **647** | **$** | **97** | **97** | **$** | **(112)** |
| **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** | **SWAP AGREEMENTS:** |
| **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> | **CREDIT DEFAULT SWAPS ON CORPORATE ISSUES - SELL PROTECTION**<sup>(1)</sup> |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Reference Entity | Reference Entity | Fixed <br>Receive Rate | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Implied<br>Credit Spread at<br>June 30, 2025<sup>(2)</sup> | Notional<br>Amount<sup>(3)</sup> | Premiums<br>Paid/<br>(Received) |  | Unrealized<br>Appreciation/<br>(Depreciation) |  | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Market<br>Value<sup>(4)</sup> | Asset | Asset | Liability |
| Goldman Sachs Group, Inc.  | Goldman Sachs Group, Inc.  | 1.000% | Quarterly | 06/20/2026 | 06/20/2026 | 0.321 | 0.321 | 0.321 | % | $100 | 1 | $ | 0 | $ | 1 | 1 | 1 | 0 | 0 | 0 |
| Morgan Stanley  | Morgan Stanley  | 1.000 | Quarterly | 06/20/2026 | 06/20/2026 | 0.290 | 0.290 | 0.290 |  | 350 | 2 |  | 0 |  | 2 | 2 | 2 | 0 | 0 | 0 |
|  |  |  |  |  |  |  |  |  |  |  | 3 | $ | 0 | $ | 3 | 3 | 3 | 0 | 0 | 0 |
| **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** | **INTEREST RATE SWAPS** |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> | <u>Variation Margin</u> |
| Pay/<br>Receive<br>Floating Rate | Floating Rate Index | Floating Rate Index | Floating Rate Index | Fixed Rate | Payment<br>Frequency | Payment<br>Frequency | Maturity<br>Date | Maturity<br>Date |  | Notional<br>Amount | Premiums<br>Paid/<br>(Received) | Premiums<br>Paid/<br>(Received) | Unrealized<br>Appreciation/<br>(Depreciation) | Unrealized<br>Appreciation/<br>(Depreciation) | Market<br>Value | Market<br>Value | Market<br>Value | Asset | Asset | Liability |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 5.000% | Annual | Annual | 10/15/2025 | 10/15/2025 | $ | 6600 | $81 | 81 | (46) | (46) | $35 | 35 | 35 | $0 | 0 | $0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.750 | Annual | Annual | 11/04/2025 | 11/04/2025 |  | 3700 | 40 | 40 | (28) | (28) | 12 | 12 | 12 | 0 | 0 | 0 |
| Pay<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 5.000 | Annual | Annual | 07/10/2026 | 07/10/2026 |  | 19000 | 355 | 355 | (140) | (140) | 215 | 215 | 215 | 2 | 2 | 0 |
| Pay | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.150 | Annual | Annual | 06/15/2027 | 06/15/2027 |  | 6100 | (187) | (187) | 27 | 27 | (160) | (160) | (160) | 2 | 2 | 0 |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.842 | Annual | Annual | 03/04/2030 | 03/04/2030 |  | 500 | (1) | (1) | (7) | (7) | (8) | (8) | (8) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.582 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 1690 | (30) | (30) | 28 | 28 | (2) | (2) | (2) | 0 | 0 | (3) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.623 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 500 | (10) | (10) | 8 | 8 | (2) | (2) | (2) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.664 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 300 | (7) | (7) | 5 | 5 | (2) | (2) | (2) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.677 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 300 | (7) | (7) | 5 | 5 | (2) | (2) | (2) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.689 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 1200 | (28) | (28) | 20 | 20 | (8) | (8) | (8) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.691 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 500 | (12) | (12) | 9 | 9 | (3) | (3) | (3) | 0 | 0 | (1) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.722 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 1100 | (28) | (28) | 18 | 18 | (10) | (10) | (10) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.735 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 800 | (21) | (21) | 13 | 13 | (8) | (8) | (8) | 0 | 0 | (2) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.739 | Annual | Annual | 10/31/2030 | 10/31/2030 |  | 400 | (10) | (10) | 6 | 6 | (4) | (4) | (4) | 0 | 0 | (1) |
| Receive<sup>(5)</sup> | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.750 | Annual | Annual | 05/15/2032 | 05/15/2032 |  | 11600 | (2) | (2) | (175) | (175) | (177) | (177) | (177) | 0 | 0 | (30) |
| Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 2.000 | Annual | Annual | 12/21/2032 | 12/21/2032 |  | 4380 | 408 | 408 | 97 | 97 | 505 | 505 | 505 | 0 | 0 | (12) |

---

------

<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.885 | Annual | Annual | 07/12/2034 | 100 | 100 | (5) | (5) |  | 4 | 4 |  | (1) | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.850 | Annual | Annual | 08/05/2034 | 100 | 100 | (4) | (4) |  | 3 | 3 |  | (1) | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.795 | Annual | Annual | 08/06/2034 | 100 | 100 | (4) | (4) |  | 4 | 4 |  | 0 | 0 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.532 | Annual | Annual | 08/20/2034 | 70 | 70 | (1) | (1) |  | 2 | 2 |  | 1 | 1 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.555 | Annual | Annual | 08/28/2034 | 100 | 100 | (2) | (2) |  | 4 | 4 |  | 2 | 2 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.565 | Annual | Annual | 08/28/2034 | 100 | 100 | (2) | (2) |  | 4 | 4 |  | 2 | 2 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.514 | Annual | Annual | 09/04/2034 | 100 | 100 | (2) | (2) |  | 4 | 4 |  | 2 | 2 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.410 | Annual | Annual | 09/05/2034 | 100 | 100 | (1) | (1) |  | 4 | 4 |  | 3 | 3 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.232 | Annual | Annual | 09/10/2034 | 50 | 50 | 0 | 0 |  | 2 | 2 |  | 2 | 2 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.240 | Annual | Annual | 09/16/2034 | 100 | 100 | 1 | 1 |  | 3 | 3 |  | 4 | 4 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.278 | Annual | Annual | 09/16/2034 | 100 | 100 | 0 | 0 |  | 4 | 4 |  | 4 | 4 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.231 | Annual | Annual | 09/18/2034 | 200 | 200 | 2 | 2 |  | 7 | 7 |  | 9 | 9 |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.248 | Annual | Annual | 09/18/2034 | 100 | 100 | 1 | 1 |  | 3 | 3 |  | 4 | 4 |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 4.000 | Annual | Annual | 02/26/2035 | 50 | 50 | 0 | 0 |  | (1) | (1) |  | (1) | (1) |  | 0 |  | 0 |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.870 | Annual | Annual | 03/05/2035 | 100 | 100 | 0 | 0 |  | (1) | (1) |  | (1) | (1) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.874 | Annual | Annual | 03/05/2035 | 200 | 200 | (1) | (1) |  | (2) | (2) |  | (3) | (3) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.899 | Annual | Annual | 03/11/2035 | 200 | 200 | (1) | (1) |  | (2) | (2) |  | (3) | (3) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.905 | Annual | Annual | 03/12/2035 | 200 | 200 | (1) | (1) |  | (3) | (3) |  | (4) | (4) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.975 | Annual | Annual | 03/21/2035 | 300 | 300 | (1) | (1) |  | (6) | (6) |  | (7) | (7) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.930 | Annual | Annual | 03/24/2035 | 200 | 200 | (1) | (1) |  | (3) | (3) |  | (4) | (4) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.884 | Annual | Annual | 03/25/2035 | 100 | 100 | 0 | 0 |  | (2) | (2) |  | (2) | (2) |  | 0 |  | (1) |
| Receive | Receive | 1-Day USD-SOFR Compounded-OIS | 1-Day USD-SOFR Compounded-OIS | 3.250 | Annual | Annual | 06/18/2035 | 5000 | 5000 | 107 | 107 |  | 80 | 80 |  | 187 | 187 |  | 0 |  | (20) |
|  |  |  |  |  |  |  |  |  | $ | 626 | 626 | $(52) | (52) | (52) | $574 | 574 | 574 | $4 | 4 | $(85) | (85) |
| **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **Total Swap Agreements** | **$** | **629** | **629** | $**(52)** | **(52)** | **(52)** | $**577** | **577** | **577** | $**4** | **4** | $**(85)** | **(85)** |
| **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** | **Cash of $2,566 has been pledged as collateral for exchange-traded and centrally cleared financial derivative instruments as of June 30, 2025.** |
| <sup>(1)</sup> | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash, securities or other deliverable obligations equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
| <sup>(2)</sup> | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on issues as of period end serve as indicators of the current status of the payment/performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(3)</sup> | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. | The maximum potential amount the Fund could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
| <sup>(4)</sup> | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. | The prices and resulting values for credit default swap agreements serve as indicators of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative should the notional amount of the swap agreement be closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the underlying referenced instrument's credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. |
| <sup>(5)</sup> | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. | This instrument has a forward starting effective date. |
| **(h)** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** | **FINANCIAL DERIVATIVE INSTRUMENTS: OVER THE COUNTER** |
| **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** | **PURCHASED OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Counterparty | Counterparty | Description | Description | Description | Floating Rate<br>Index | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Exercise<br>Rate | Expiration<br>Date | Expiration<br>Date | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Notional<br>Amount<sup>(1)</sup> | Cost | Cost | Cost | Market<br>Value | Market<br>Value |
| DUB | DUB | DUB | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.750% | 3.750% | 10/30/2025 | 10/30/2025 | 10/30/2025 | 7800 | 7800 | 7800 | $42 | 42 | 42 | 27 | 27 |
| FAR | FAR | FAR | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Pay | 3.750 | 3.750 | 08/01/2025 | 08/01/2025 | 08/01/2025 | 30800 | 30800 | 30800 | 188 | 188 | 188 | 27 | 27 |
| MYC | MYC | MYC | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | Put - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | 3-Month USD-SOFR | Receive | 5.000 | 5.000 | 07/08/2025 | 07/08/2025 | 07/08/2025 | 37900 | 37900 | 37900 | 45 | 45 | 45 | 0 | 0 |
| **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | **Total Purchased Options** | $**275** | **275** | **275** | **54** | **54** |

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<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** | **WRITTEN** **OPTIONS:** |
| **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** | **INTEREST RATE SWAPTIONS** |
| Counterparty | Description | Floating Rate<br>Index | Pay/Receive<br>Floating Rate | Exercise<br>Rate | Expiration<br>Date | Notional<br>Amount<sup>(1)</sup> | Premiums<br>(Received) | Market<br>Value |
| BOA | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.770% | 07/09/2025 | 200 | $(1) | $(2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.120 | 07/09/2025 | 200 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.637 | 07/18/2025 | 100 | 0 | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.037 | 07/18/2025 | 100 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.700 | 07/21/2025 | 200 | (1) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.050 | 07/21/2025 | 200 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.555 | 07/24/2025 | 100 | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.905 | 07/24/2025 | 100 | 0 | 0 |
| CBK | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.605 | 07/23/2025 | 100 | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.955 | 07/23/2025 | 100 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.564 | 07/24/2025 | 100 | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.914 | 07/24/2025 | 100 | 0 | 0 |
| DUB | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 2.830 | 10/30/2025 | 7800 | (16) | (5) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.290 | 10/30/2025 | 7800 | (26) | (11) |
| FAR | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 2.750 | 08/01/2025 | 30800 | (71) | (1) |
|  | Call - OTC 1-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.250 | 08/01/2025 | 30800 | (117) | (3) |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.750 | 07/03/2025 | 200 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.100 | 07/03/2025 | 200 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.790 | 07/09/2025 | 200 | (1) | (2) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.140 | 07/09/2025 | 200 | (1) | 0 |
| GLM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.775 | 07/07/2025 | 300 | (1) | (3) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.125 | 07/07/2025 | 300 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.653 | 07/14/2025 | 200 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.053 | 07/14/2025 | 200 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.695 | 07/17/2025 | 200 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.095 | 07/17/2025 | 200 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.583 | 07/23/2025 | 100 | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 3.933 | 07/23/2025 | 100 | 0 | 0 |
| JPM | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.772 | 07/10/2025 | 100 | 0 | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.122 | 07/10/2025 | 100 | 0 | 0 |
| MYC | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.715 | 07/02/2025 | 200 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.065 | 07/02/2025 | 200 | (1) | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.725 | 07/03/2025 | 100 | (1) | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.075 | 07/03/2025 | 100 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.669 | 07/07/2025 | 100 | 0 | 0 |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.019 | 07/07/2025 | 100 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.664 | 07/14/2025 | 100 | 0 | (1) |
|  | Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | 4.064 | 07/14/2025 | 100 | 0 | 0 |
|  | Call - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Receive | 3.697 | 07/16/2025 | 100 | 0 | (1) |

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------

<br> Schedule of Investments PIMCO Low Duration Fund II (Cont.) June 30, 2025 (Unaudited)

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Put - OTC 10-Year Interest Rate Swap  | 3-Month USD-SOFR | Pay | Pay | 4.097 | 07/16/2025 | 07/16/2025 | 100 | 100 | 0 | 0 | 0 |
| **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | **Total Written Options** | $**(247)** | **(247)** | $**(38)** |
| Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. | Notional Amount represents the number of contracts. |
| **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** | **FAIR VALUE MEASUREMENTS** |
| **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: | **The following is a summary of the fair valuations according to the inputs used as of June 30, 2025 in valuing the Fund's assets and liabilities**: |
| Category and Subcategory | Category and Subcategory | Category and Subcategory | Level 1 | Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | Fair Value<br>at 06/30/2025 | Fair Value<br>at 06/30/2025 |
| **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** | **Investments in Securities, at Value** |
| Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes | Corporate Bonds & Notes |
| Banking & Finance | Banking & Finance | Banking & Finance | $0 | 0 | 0 | $10758 | 10758 | $0 | 0 | $10758 | 10758 |
| Industrials | Industrials | Industrials | 0 | 0 | 0 | 7113 | 7113 | 0 | 0 | 7113 | 7113 |
| Utilities | Utilities | Utilities | 0 | 0 | 0 | 2198 | 2198 | 0 | 0 | 2198 | 2198 |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | 0 | 0 | 0 | 124393 | 124393 | 0 | 0 | 124393 | 124393 |
| U.S. Treasury Obligations | U.S. Treasury Obligations | U.S. Treasury Obligations | 0 | 0 | 0 | 54559 | 54559 | 0 | 0 | 54559 | 54559 |
| Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | Non-Agency Mortgage-Backed Securities | 0 | 0 | 0 | 21771 | 21771 | 0 | 0 | 21771 | 21771 |
| Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities | Asset-Backed Securities |
| Automobile ABS Other | Automobile ABS Other | Automobile ABS Other | 0 | 0 | 0 | 771 | 771 | 0 | 0 | 771 | 771 |
| Automobile Sequential | Automobile Sequential | Automobile Sequential | 0 | 0 | 0 | 4042 | 4042 | 0 | 0 | 4042 | 4042 |
| CMBS Other | CMBS Other | CMBS Other | 0 | 0 | 0 | 2574 | 2574 | 0 | 0 | 2574 | 2574 |
| Credit Card Bullet | Credit Card Bullet | Credit Card Bullet | 0 | 0 | 0 | 900 | 900 | 0 | 0 | 900 | 900 |
| Credit Card Other | Credit Card Other | Credit Card Other | 0 | 0 | 0 | 1019 | 1019 | 0 | 0 | 1019 | 1019 |
| Home Equity Other | Home Equity Other | Home Equity Other | 0 | 0 | 0 | 83 | 83 | 0 | 0 | 83 | 83 |
| Other ABS | Other ABS | Other ABS | 0 | 0 | 0 | 2876 | 2876 | 0 | 0 | 2876 | 2876 |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Mutual Funds | Mutual Funds | Mutual Funds | 0 | 0 | 0 | 1135 | 1135 | 0 | 0 | 1135 | 1135 |
| Repurchase Agreements | Repurchase Agreements | Repurchase Agreements | 0 | 0 | 0 | 36800 | 36800 | 0 | 0 | 36800 | 36800 |
|  |  |  | $0 | 0 | 0 | $270992 | 270992 | $0 | 0 | $270992 | 270992 |
| **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** | **Investments in Affiliates, at Value** |
| Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments | Short-Term Instruments |
| Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | Central Funds Used for Cash Management Purposes | $42894 | 42894 | 42894 | $0 | 0 | $0 | 0 | $42894 | 42894 |
| Total Investments | Total Investments | Total Investments | $42894 | 42894 | 42894 | $270992 | 270992 | $0 | 0 | $313886 | 313886 |
| **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  | **Short Sales, at Value - Liabilities**  |
| U.S. Government Agencies | U.S. Government Agencies | U.S. Government Agencies | $0 | 0 | 0 | $(21375) | (21375) | $0 | 0 | $(21375) | (21375) |
| **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  | **Financial Derivative Instruments - Assets**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | 101 | 101 | 0 | 0 | 101 | 101 |
| Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | 54 | 54 | 0 | 0 | 54 | 54 |
|  |  |  | $0 | 0 | 0 | $155 | 155 | $0 | 0 | $155 | 155 |
| **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  | **Financial Derivative Instruments - Liabilities**  |
| Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | Exchange-traded or centrally cleared | 0 | 0 | 0 | (203) | (203) | 0 | 0 | (203) | (203) |
| Over the counter | Over the counter | Over the counter | 0 | 0 | 0 | (38) | (38) | 0 | 0 | (38) | (38) |
|  |  |  | $0 | 0 | 0 | $(241) | (241) | $0 | 0 | $(241) | (241) |
| Total Financial Derivative Instruments | Total Financial Derivative Instruments | Total Financial Derivative Instruments | $0 | 0 | 0 | $(86) | (86) | $0 | 0 | $(86) | (86) |
| Totals | Totals | Totals | $42894 | 42894 | 42894 | $249531 | 249531 | $0 | 0 | $292425 | 292425 |
| **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** | **There were no significant transfers into or out of Level 3 during the period ended June 30, 2025.** |

---

------

<br> Schedule of Investments PIMCO Low Duration Income Fund June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 220 |
| **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** | **(AMOUNTS IN THOUSANDS\*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)** |
|  | PRINCIPAL<br>AMOUNT<br>(000s) | MARKET<br>VALUE<br>(000s) |
| **INVESTMENTS IN SECURITIES 142.3% ¤** |  |  |
| **LOAN PARTICIPATIONS AND ASSIGNMENTS 3.3%**  |  |  |
| **Aligned Data Centers International LP**<br>7.799% due 12/18/2029 «~ | $28800 | $28877 |
| **Altice France SA**  |  |  |
| 7.779% (EUR003M + 5.500%) due 08/15/2028 ~ | 495 | 526 |
| 9.756% (TSFR3M + 5.500%) due 08/15/2028 ~ | $5943 | 5400 |
| **American Airlines, Inc.**<br>6.519% - 6.522% (TSFR3M + 2.250%) due 04/20/2028 ~ | 3033 | 3018 |
| **Avolon TLB Borrower 1 U.S. LLC**<br>6.071% (TSFR1M + 1.750%) due 06/24/2030 ~ | 2507 | 2511 |
| **Carnival Corp.**<br>6.312% (TSFR1M + 2.000%) due 10/18/2028 ~ | 1235 | 1237 |
| **Databricks, Inc.**  |  |  |
| TBD% - 1.000% due 01/03/2031 µ | 4621 | 4667 |
| TBD% - 1.000% (TSFR1M + 4.500%) due 01/03/2031 ~ | 20879 | 21088 |
| **Envision Healthcare Corp.**  |  |  |
| 11.110% (TSFR3M + 6.750%) due 07/20/2026 « | 9435 | 9435 |
| 12.235% (TSFR3M + 7.875%) due 11/03/2028 « | 36405 | 37497 |
| **Finastra U.S.A., Inc.**  |  |  |
| TBD% (TSFR3M + 7.250%) due 09/13/2029 µ | 254 | 255 |
| TBD% (TSFR6M + 7.250%) due 09/13/2029 ~ | 2416 | 2431 |
| **iHeartCommunications, Inc.**<br>10.216% (TSFR1M + 5.775%) due 05/01/2029 ~ | 4529 | 3704 |
| **Lealand Finance Co. BV**<br>7.441% (TSFR1M + 3.000%) due 06/30/2027 ~ | 156 | 102 |
| **Lealand Finance Co. BV (5.441% Cash and 3.000% PIK)**<br>8.441% (TSFR1M + 1.000%) due 12/31/2027 ~(c) | 669 | 351 |
| **Mercury Aggregator LP (13.500% PIK)**<br>13.500% due 04/03/2026 «(c) | 1951 | 1331 |
| **Mercury Aggregator LP (3.500% PIK)**<br>3.500% due 04/03/2026 «(c) | 1071 | 731 |
| **OCS Group Holdings Ltd.**<br>9.961% due 11/28/2031 | 2700 | 3700 |
| **Pantheon Senior Debt Secondaries**<br>6.317% (TSFR3M + 2.000%) due 03/26/2026 «(l) | $3800 | 3800 |
| **Poseidon Bidco SASU**<br>6.980% (EUR003M + 5.000%) due 03/13/2030 ~ | 16300 | 13152 |
| **Project Alpha Investindustrial**<br>4.256% (EUR003M + 2.100%) due 02/27/2026 «~(l) | 2174 | 2560 |
| **Project Flash**  |  |  |
| TBD% due 04/30/2030 «µ | $97000 | 97000 |
| 0.625% due 01/09/2030 «µ | 6590 | 6507 |
| **Project Hudson**<br>7.730% due 05/29/2026 « | 5000 | 5073 |
| **Republic of Panama**<br>4.804% (EUR006M + 2.450%) due 04/01/2027 «~ | 27900 | 33018 |
| **SCUR-Alpha 1503 GmbH**  |  |  |
| 7.686% (EUR003M + 5.500%) due 03/29/2030 ~ | 9100 | 10574 |
| 9.780% (TSFR3M + 5.500%) due 03/29/2030 ~ | $16328 | 15462 |
| **Softbank Vision Fund**  |  |  |
| TBD% due 12/23/2029 « | 26000 | 26000 |
| 6.000% due 12/23/2025 « | 20474 | 20474 |
| **Subcalidora 2**<br>7.730% (EUR003M + 5.750%) due 08/14/2029 «~ | 7900 | 9352 |
| **Syniverse Holdings, Inc.**<br>11.296% (TSFR3M + 7.000%) due 05/13/2027 ~ | $6623 | 6306 |
| **TransDigm, Inc.**<br>6.796% (TSFR3M + 2.500%) due 02/28/2031 ~ | 61050 | 61227 |
| **Turkiye Vakiflar Bankasi TAO**<br>5.001% (EUR003M + 3.000%) due 12/15/2028 «~ | 8000 | 9459 |
| **U.S. Renal Care, Inc.**<br>9.441% (TSFR1M + 5.000%) due 06/20/2028 ~ | $2078 | 1973 |
| **Westmoreland Coal Co.**<br>8.000% due 03/15/2029 | 88 | 35 |
| Total Loan Participations and Assignments (Cost $444,137) |  | 448833 |
| **CORPORATE BONDS & NOTES 14.3%**  |  |  |
| **BANKING & FINANCE 7.8%**  |  |  |
| **Alamo Re Ltd.**  |  |  |
| 12.058% due 06/07/2027 ~  | 3000 | 3130 |
| 15.544% due 06/08/2026 ~  | 3200 | 3325 |

---

------

<br> Schedule of Investments PIMCO Low Duration Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| 0 | 175 | 215 | 220 | 245 |
| **Armor** **RE Ltd.**  |  |  |  | |
| 12.808% due 01/07/2032 ~  | 250 |  | 250 |  |
| 14.558% due 05/07/2031 ~  | 1200 |  | 1244 |  |
| **Avolon Holdings Funding Ltd.** <br>2.528% due 11/18/2027 | 6230 |  | 5925 |  |
| **Baldwin Re Ltd.** <br>6.334% due 07/07/2028 ~ | 250 |  | 250 |  |
| **Banca Monte dei Paschi di Siena SpA** <br>1.875% due 01/09/2026 | 26441 |  | 31030 |  |
| **Banco Santander SA**  |  |  |  |  |
| 5.552% due 03/14/2028 •  | $16000 |  | 16262 |  |
| 5.565% due 01/17/2030  | 21600 |  | 22432 |  |
| 6.527% due 11/07/2027 •  | 9200 |  | 9445 |  |
| 6.607% due 11/07/2028  | 7200 |  | 7682 |  |
| **Bank of America Corp.** <br>4.827% due 07/22/2026 •  | 800 |  | 800 |  |
| **Bank of Montreal**  |  |  |  |  |
| 4.567% due 09/10/2027 •  | 4300 |  | 4311 |  |
| 5.274% due 09/10/2027 ~  | 8000 |  | 8025 |  |
| **Bank of Nova Scotia**  |  |  |  |  |
| 4.404% due 09/08/2028 •  | 3600 |  | 3607 |  |
| 5.391% due 09/08/2028 ~  | 7600 |  | 7635 |  |
| **Banque Federative du Credit Mutuel SA**  |  |  |  |  |
| 5.194% due 02/16/2028  | 4200 |  | 4280 |  |
| 5.440% due 02/16/2028 ~  | 7900 |  | 7940 |  |
| **Barclays PLC**  |  |  |  |  |
| 4.837% due 09/10/2028 •  | 5300 |  | 5342 |  |
| 5.674% due 03/12/2028 •  | 1900 |  | 1937 |  |
| 5.887% due 03/12/2028 ~  | 4500 |  | 4536 |  |
| 6.224% due 05/09/2034 •  | 10686 |  | 11346 |  |
| 6.496% due 09/13/2027 •  | 18300 |  | 18710 |  |
| **Bayou Re Ltd.**  |  |  |  |  |
| 12.794% due 04/30/2031 ~  | 500 |  | 527 |  |
| 22.808% due 04/30/2031 ~  | 600 |  | 645 |  |
| **BNP Paribas SA** <br>5.497% due 05/20/2030 •  | 1900 |  | 1952 |  |
| **Bonanza RE Ltd.** <br>4.294% due 01/08/2026 ~ | 250 |  | 212 |  |
| **BPCE SA** <br>6.612% due 10/19/2027 •  | 26300 |  | 26930 |  |
| **Brown & Brown, Inc.**  |  |  |  |  |
| 4.600% due 12/23/2026  | 1300 |  | 1307 |  |
| 4.700% due 06/23/2028  | 1400 |  | 1412 |  |
| **CaixaBank SA** <br>6.684% due 09/13/2027 •  | 12400 |  | 12702 |  |
| **Cape Lookout Re Ltd.**  |  |  |  |  |
| 11.194% due 03/13/2032 ~  | 3700 |  | 3716 |  |
| 12.996% due 04/05/2027 ~  | 600 |  | 609 |  |
| **Charles River Re Ltd.** <br>11.044% due 05/10/2031 •  | 250 |  | 254 |  |
| **CIFI Holdings Group Co. Ltd.**  |  |  |  |  |
| 4.375% due 04/12/2027 ^(d)  | 300 |  | 28 |  |
| 4.450% due 08/17/2026 ^(d)  | 200 |  | 18 |  |
| 5.950% due 10/20/2025 ^(d)  | 200 |  | 21 |  |
| 6.000% due 07/16/2025 ^(d)  | 200 |  | 20 |  |
| **Citadel Securities Global Holdings LLC** <br>5.500% due 06/18/2030 | 4900 |  | 4960 |  |
| **CoStar Group, Inc.** <br>2.800% due 07/15/2030 | 6420 |  | 5811 |  |
| **Country Garden Holdings Co. Ltd.**  |  |  |  |  |
| 2.700% due 07/12/2026 ^(d)  | 1400 |  | 110 |  |
| 3.125% due 10/22/2025 ^(d)  | 1600 |  | 122 |  |
| 3.875% due 10/22/2030 ^(d)  | 700 |  | 55 |  |
| **Credicorp Capital Sociedad Titulizadora SA** <br>10.100% due 12/15/2043 | 2500 |  | 750 |  |
| **Credit Agricole SA**  |  |  |  |  |
| 4.631% due 09/11/2028 •  | $3200 |  | 3205 |  |
| 5.606% due 09/11/2028 ~  | 6200 |  | 6238 |  |
| **Credit Suisse AG AT1 Claim**  | $37150 | &nbsp;&nbsp;&nbsp;&nbsp;8700 | 4458 | 1044 |
| **Danske Bank AS** <br>5.427% due 03/01/2028 •  | 4500 |  | 4579 |  |
| **Deutsche Bank AG**  |  |  |  |  |
| 3.547% due 09/18/2031 •  | 3732 |  | 3492 |  |
| 4.999% due 09/11/2030 •  | 2400 |  | 2419 |  |
| 6.720% due 01/18/2029 •  | 1568 |  | 1647 |  |
| 7.146% due 07/13/2027 •  | 3500 |  | 3589 |  |
| **East Lane Re Ltd.** <br>13.544% due 03/31/2026 ~ | 2800 |  | 2836 |  |
| **EPR Properties**  |  |  |  |  |
| 4.750% due 12/15/2026  | 627 |  | 626 |  |
| 4.950% due 04/15/2028  | 316 |  | 315 |  |
| **Equitable America Global Funding** <br>4.650% due 06/09/2028 | 6100 |  | 6137 |  |
| **Equitable Financial Life Global Funding** <br>4.875% due 11/19/2027 | 10000 |  | 10127 |  |

---

------

<br> Schedule of Investments PIMCO Low Duration Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 220 |
| **Everglades** **Re Ltd.**  |  |  |
| 14.794% due 05/13/2027 ~  | 2660 | 2776 |
| 15.794% due 05/13/2031 ~  | 2660 | 2763 |
| 17.044% due 05/13/2031 ~  | 2660 | 2757 |
| **F&G Global Funding**  |  |  |
| 2.000% due 09/20/2028  | 2800 | 2573 |
| 5.875% due 06/10/2027  | 4900 | 5011 |
| **Ford Credit Canada Co.**  |  |  |
| 6.777% due 09/15/2025  | 2700 | 1994 |
| 7.000% due 02/10/2026  | 9800 | 7329 |
| **Ford Motor Credit Co. LLC**  |  |  |
| 2.700% due 08/10/2026  | $12400 | 12076 |
| 3.815% due 11/02/2027  | 2104 | 2032 |
| 4.542% due 08/01/2026  | 1300 | 1291 |
| 4.950% due 05/28/2027  | 11205 | 11136 |
| 5.125% due 11/05/2026  | 7400 | 7384 |
| 5.800% due 03/05/2027  | 22200 | 22383 |
| 5.810% due 11/05/2026 ~  | 11000 | 10954 |
| 5.850% due 05/17/2027  | 2000 | 2016 |
| 6.950% due 03/06/2026  | 500 | 505 |
| 6.950% due 06/10/2026  | 900 | 912 |
| 7.350% due 11/04/2027  | 14070 | 14617 |
| **GLP Capital LP**  |  |  |
| 4.000% due 01/15/2031  | 1000 | 944 |
| 5.300% due 01/15/2029  | 902 | 913 |
| **Goldman Sachs Group, Inc.**  |  |  |
| 5.049% due 07/23/2030 •  | 150 | 153 |
| 6.484% due 10/24/2029 •  | 14300 | 15171 |
| **Greengrove RE Ltd.** <br>12.044% due 04/08/2032 ~ | 1000 | 1000 |
| **Hardwood Funding LLC**  |  |  |
| 4.840% due 06/07/2028 «(l)  | 3100 | 3118 |
| 4.980% due 06/07/2030 «(l)  | 2000 | 2020 |
| **Hestia Re Ltd.**  |  |  |
| 11.044% due 03/13/2032 ~  | 400 | 396 |
| 12.544% due 03/13/2032 ~  | 400 | 395 |
| **Hexagon RE Ltd.** <br>10.394% due 01/07/2031 ~ | 1962 | 2337 |
| **HSBC Holdings PLC**  |  |  |
| 4.041% due 03/13/2028 •  | $3070 | 3046 |
| 4.583% due 06/19/2029 •  | 1000 | 1002 |
| 5.887% due 08/14/2027 •  | 13700 | 13898 |
| **Integrity RE Ltd.** <br>16.544% due 06/06/2028 ~ | 400 | 404 |
| **Integrity Re Ltd.**  |  |  |
| 21.308% due 06/08/2026 ~  | 1100 | 1148 |
| 27.308% due 06/08/2026 ~  | 500 | 497 |
| **Integrity RE Ltd.** <br>29.794% due 06/06/2027 ~ | 400 | 403 |
| **Intesa Sanpaolo SpA** <br>7.200% due 11/28/2033 | 4200 | 4718 |
| **Jackson National Life Global Funding** <br>5.550% due 07/02/2027 | 8800 | 8983 |
| **JPMorgan Chase & Co.**  |  |  |
| 3.509% due 01/23/2029 •  | 900 | 882 |
| 4.005% due 04/23/2029 •  | 1763 | 1748 |
| 4.323% due 04/26/2028 •  | 600 | 600 |
| 4.979% due 07/22/2028 •  | 2500 | 2533 |
| 5.280% due 07/22/2028 ~  | 16500 | 16570 |
| **KAF Kaerntner Ausgleichszahlungs-Fonds** <br>0.000% due 04/03/2049 « | 8781 | 802 |
| **Kennedy Wilson Europe Real Estate Ltd.** <br>3.250% due 11/12/2025 | 2211 | 2587 |
| **Kizuna RE Pte. Ltd.** <br>7.044% due 04/09/2029 ~ | $600 | 611 |
| **Lineage OP LP** <br>5.250% due 07/15/2030 | 3900 | 3925 |
| **Lion RE DAC** <br>6.409% due 07/16/2025 •  | 400 | 471 |
| **Lloyds Banking Group PLC**  |  |  |
| 3.750% due 01/11/2027  | $13045 | 12936 |
| 5.462% due 01/05/2028 •  | 11000 | 11152 |
| **Longleaf Pine Re Ltd.** <br>21.794% due 05/27/2031 ~ | 1700 | 1753 |
| **LPL Holdings, Inc.**  |  |  |
| 4.000% due 03/15/2029  | 5000 | 4858 |
| 4.900% due 04/03/2028  | 5700 | 5744 |
| 5.200% due 03/15/2030  | 10400 | 10567 |
| **Mizuho Financial Group, Inc.** <br>5.382% due 07/10/2030 •  | 2900 | 2985 |
| **MMIFS Re Ltd.** <br>5.548% due 01/10/2033 ~ | 700 | 515 |
| **Morgan Stanley**  |  |  |
| 4.679% due 07/17/2026 •  | $600 | 600 |
| 5.123% due 02/01/2029 •  | 1100 | 1119 |
| 6.138% due 10/16/2026 •  | 500 | 502 |

---

------

<br> Schedule of Investments PIMCO Low Duration Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 220 |
| **Morgan** **Stanley Bank NA** <br>5.287% due 07/14/2028 ~ | 50900 | 51066 |
| **Nationwide Building Society**  |  |  |
| 3.960% due 07/18/2030 •  | 2390 | 2333 |
| 4.302% due 03/08/2029 •  | 3900 | 3877 |
| 6.557% due 10/18/2027 •  | 17800 | 18254 |
| **Nature Coast Re Ltd.** <br>14.308% due 12/07/2030 ~ | 2066 | 2113 |
| **NatWest Group PLC**  |  |  |
| 4.445% due 05/08/2030 •  | 7400 | 7345 |
| 5.076% due 01/27/2030 •  | 6400 | 6496 |
| 5.583% due 03/01/2028 •  | 12200 | 12423 |
| 5.631% due 03/01/2028 ~  | 7000 | 7037 |
| 5.663% due 11/15/2028 ~  | 16100 | 16225 |
| **NatWest Markets PLC**  |  |  |
| 4.789% due 03/21/2028  | 9400 | 9507 |
| 5.356% due 03/21/2028 ~  | 12300 | 12310 |
| **Nissan Motor Acceptance Co. LLC**  |  |  |
| 2.450% due 09/15/2028  | 900 | 798 |
| 5.300% due 09/13/2027  | 2200 | 2171 |
| **Nomura Holdings, Inc.**  |  |  |
| 4.904% due 07/01/2030 (b)  | 4700 | 4718 |
| 5.591% due 07/02/2027 ~  | 8400 | 8460 |
| **Northwestern Mutual Global Funding** <br>5.160% due 05/28/2031 | 1100 | 1129 |
| **Omega Healthcare Investors, Inc.** <br>5.200% due 07/01/2030 | 11300 | 11368 |
| **Orange Capital RE DAC** <br>9.793% due 01/08/2027 ~ | 1800 | 2157 |
| **Pacific Life Global Funding** <br>4.850% due 02/10/2030 | $2315 | 2352 |
| **Palm RE Ltd.** <br>12.058% due 06/07/2032 ~ | 1000 | 1002 |
| **Paychex, Inc.**  |  |  |
| 5.100% due 04/15/2030  | 200 | 205 |
| 5.350% due 04/15/2032  | 300 | 308 |
| 5.600% due 04/15/2035  | 100 | 103 |
| **Polestar Re Ltd.**  |  |  |
| 14.794% due 01/07/2028 ~  | 1500 | 1548 |
| 17.544% due 01/07/2027 ~  | 4900 | 5119 |
| **Protective Life Global Funding**  |  |  |
| 4.772% due 12/09/2029  | 2165 | 2193 |
| 4.803% due 06/05/2030  | 2000 | 2026 |
| **Purple Re Ltd.** <br>13.294% due 06/07/2027 ~ | 1800 | 1842 |
| **Quercus Re DAC** <br>10.176% due 01/06/2031 ~ | 300 | 363 |
| **RGA Global Funding** <br>5.500% due 01/11/2031 | $2100 | 2167 |
| **Royal Bank of Canada**  |  |  |
| 4.510% due 10/18/2027 •  | 14100 | 14131 |
| 5.142% due 07/23/2027 ~  | 9300 | 9332 |
| **Sabine Re Ltd.** <br>12.544% due 04/07/2031 ~ | 600 | 622 |
| **Sammons Financial Group Global Funding** <br>5.050% due 01/10/2028 | 3700 | 3756 |
| **Santander Holdings USA, Inc.**  |  |  |
| 5.473% due 03/20/2029 •  | 7500 | 7627 |
| 6.016% due 03/20/2029 ~  | 6900 | 6971 |
| **Santander U.K. Group Holdings PLC**  |  |  |
| 2.469% due 01/11/2028 •  | 2200 | 2131 |
| 3.823% due 11/03/2028 •  | 1700 | 1666 |
| **SBA Tower Trust** <br>4.831% due 10/15/2029 | 10700 | 10722 |
| **Societe Generale SA** <br>6.447% due 01/12/2027 •  | 29000 | 29264 |
| **Sumitomo Mitsui Trust Bank Ltd.** <br>5.377% due 09/10/2027 ~ | 3200 | 3231 |
| **Synchrony Financial** <br>3.950% due 12/01/2027 | 5000 | 4919 |
| **Taranis Reinsurance DAC**  |  |  |
| 8.493% due 01/07/2031 ~  | 1200 | 1427 |
| 10.441% due 01/08/2031 ~  | 1700 | 2058 |
| **Thames SSNM** <br>9.750% due 10/10/2027 « | 176 | 226 |
| **Torrey Pines Re Ltd.**  |  |  |
| 10.308% due 06/07/2032 ~  | $1300 | 1343 |
| 11.558% due 06/07/2027 ~  | 800 | 835 |
| 13.308% due 06/05/2026 ~  | 500 | 511 |
| **UBS AG** <br>7.500% due 02/15/2028 | 1450 | 1565 |
| **UBS Group AG**  |  |  |
| 3.091% due 05/14/2032 •  | 4400 | 3995 |
| 4.194% due 04/01/2031 •  | 3550 | 3477 |
| 5.428% due 02/08/2030 •  | 8200 | 8423 |
| 5.959% due 01/12/2034 •  | 4805 | 5060 |

---

------

<br> Schedule of Investments PIMCO Low Duration Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 220 |
| 6.327% due 12/22/2027 •  | 11500 | 11811 |
| 6.373% due 07/15/2026 •  | 22450 | 22471 |
| 6.442% due 08/11/2028 •  | 33850 | 35179 |
| 6.537% due 08/12/2033 •  | 1100 | 1197 |
| 7.750% due 03/01/2029 •  | 8200 | 10886 |
| 9.016% due 11/15/2033 •  | $2800 | 3463 |
| **Uniti Group LP**  |  |  |
| 6.500% due 02/15/2029  | 14653 | 14177 |
| 10.500% due 02/15/2028  | 10272 | 10896 |
| **Ursa Re Ltd.**  |  |  |
| 9.610% due 12/07/2026 ~  | 3600 | 3712 |
| 11.794% due 02/22/2028 ~  | 1000 | 1006 |
| 13.044% due 12/07/2026 ~  | 4600 | 4790 |
| **VB DPR Finance Co.** <br>6.833% due 03/15/2035 «(l) | 20000 | 19608 |
| **Veraison Re Ltd.** <br>9.294% due 03/08/2033 ~ | 250 | 250 |
| **VICI Properties LP**  |  |  |
| 3.750% due 02/15/2027  | 8000 | 7880 |
| 3.875% due 02/15/2029  | 3700 | 3582 |
| 4.125% due 08/15/2030  | 7500 | 7202 |
| 4.500% due 09/01/2026  | 4600 | 4589 |
| 4.500% due 01/15/2028  | 3219 | 3206 |
| 5.750% due 02/01/2027  | 200 | 203 |
| **Vitality Re Ltd.**  |  |  |
| 6.044% due 01/08/2030 ~  | 500 | 501 |
| 8.044% due 01/08/2030 «~  | 300 | 301 |
| **Voyager Aviation Holdings LLC** <br>8.500% due 05/09/2026 ^«(d) | 3092 | 0 |
| **Wells Fargo & Co.**  |  |  |
| 3.526% due 03/24/2028 •  | 300 | 296 |
| 5.707% due 04/22/2028 •  | 1200 | 1226 |
| 6.303% due 10/23/2029 •  | 10700 | 11311 |
| **Winston RE Ltd.** <br>16.044% due 02/26/2027 ~ | 400 | 421 |
|  |  | 1048259 |
| **INDUSTRIALS 5.1%**  |  |  |
| **Air Canada Pass-Through Trust**  |  |  |
| 3.300% due 07/15/2031  | 400 | 375 |
| 3.600% due 09/15/2028  | 220 | 215 |
| **Altice France SA**  |  |  |
| 3.375% due 01/15/2028  | 400 | 396 |
| 5.125% due 01/15/2029  | $400 | 331 |
| 5.125% due 07/15/2029  | 1000 | 828 |
| 5.500% due 01/15/2028  | 3500 | 2949 |
| 5.500% due 10/15/2029  | 1700 | 1411 |
| 5.875% due 02/01/2027  | 300 | 319 |
| 8.125% due 02/01/2027  | $2800 | 2522 |
| **Altria Group, Inc.** <br>3.125% due 06/15/2031 | 1900 | 2206 |
| **Amdocs Ltd.** <br>2.538% due 06/15/2030 | $3300 | 2991 |
| **American Airlines Pass-Through Trust**  |  |  |
| 2.875% due 01/11/2036  | 779 | 688 |
| 3.000% due 04/15/2030  | 179 | 170 |
| 3.200% due 12/15/2029  | 668 | 641 |
| 3.350% due 04/15/2031  | 540 | 515 |
| 3.375% due 11/01/2028  | 14491 | 14135 |
| 3.575% due 07/15/2029  | 894 | 866 |
| 3.600% due 03/22/2029  | 746 | 726 |
| 3.650% due 02/15/2029  | 738 | 715 |
| 3.700% due 04/01/2028  | 507 | 498 |
| **BAT Capital Corp.** <br>6.343% due 08/02/2030 | 2000 | 2157 |
| **Bayer U.S. Finance LLC**  |  |  |
| 4.375% due 12/15/2028  | 200 | 198 |
| 6.125% due 11/21/2026  | 1900 | 1932 |
| 6.375% due 11/21/2030  | 400 | 425 |
| **BMW U.S. Capital LLC**  |  |  |
| 4.650% due 03/19/2027  | 5500 | 5533 |
| 4.750% due 03/21/2028  | 8800 | 8903 |
| 5.185% due 03/19/2027 ~  | 8100 | 8108 |
| 5.326% due 03/21/2028 ~  | 14800 | 14764 |
| **Boeing Co.**  |  |  |
| 2.196% due 02/04/2026  | 7600 | 7483 |
| 5.040% due 05/01/2027  | 6700 | 6753 |
| 6.259% due 05/01/2027  | 27300 | 28098 |
| 6.298% due 05/01/2029  | 3570 | 3775 |
| 6.388% due 05/01/2031  | 4400 | 4731 |
| **British Airways Pass-Through Trust**  |  |  |
| 2.900% due 09/15/2036  | 6317 | 5705 |
| 3.300% due 06/15/2034  | 674 | 628 |
| **Carvana Co. (11.000% Cash or 13.000% PIK)** <br>11.000% due 06/01/2030 (c) | 12844 | 13515 |

---

------

<br> Schedule of Investments PIMCO Low Duration Income Fund (Cont.) June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| 0 | 175 | 220 |
| **Carvana** **Co. (14.000% PIK)** <br>14.000% due 06/01/2031 (c) | 18180 | 20937 |
| **CDW LLC**  |  |  |
| 2.670% due 12/01/2026  | 15100 | 14730 |
| 4.250% due 04/01/2028  | 15000 | 14884 |
| **Centene Corp.**  |  |  |
| 3.375% due 02/15/2030  | 1100 | 1014 |
| 4.625% due 12/15/2029  | 46471 | 45230 |
| **CLN Magnetto Group** <br>8.100% due 10/25/2031 « | 9000 | 9043 |
| **CVS Pass-Through Trust** <br>7.507% due 01/10/2032 | 50 | 52 |
| **Delta Air Lines Pass-Through Trust** <br>2.000% due 12/10/2029 | 421 | 396 |
| **DISH DBS Corp.**  |  |  |
| 5.250% due 12/01/2026  | 21040 | 19133 |
| 5.750% due 12/01/2028  | 14310 | 12414 |
| **Enbridge, Inc.** <br>4.600% due 06/20/2028 | 2800 | 2822 |
| **Exela Intermediate LLC** <br>11.500% due 04/15/2026 | 81 | 4 |
| **Flora Food Management BV** <br>6.875% due 07/02/2029 | 7100 | 8504 |
| **Gazprom PJSC Via Gaz Capital SA**  |  |  |
| 2.500% due 03/21/2026  | 16200 | 16220 |
| 8.625% due 04/28/2034  | $300 | 263 |
| **Greene King Finance PLC**  |  |  |
| 4.064% due 03/15/2035  | 1967 | 2558 |
| 5.106% due 03/15/2034  | 3686 | 5018 |
| **Hyatt Hotels Corp.**  |  |  |
| 5.050% due 03/30/2028  | $2600 | 2629 |
| 5.375% due 12/15/2031  | 600 | 609 |
| 5.750% due 03/30/2032  | 3000 | 3081 |
| **Imperial Brands Finance Netherlands BV** <br>5.250% due 02/15/2031 | 4165 | 5314 |
| **Imperial Brands Finance PLC**  |  |  |
| 3.500% due 07/26/2026  | $19000 | 18779 |
| 4.500% due 06/30/2028 (b)  | 5800 | 5800 |
| **Intelsat Jackson Holdings SA** <br>6.500% due 03/15/2030 | 26487 | 27075 |
| **IQVIA, Inc.** <br>6.250% due 02/01/2029 | 1000 | 1046 |
| **JetBlue Pass-Through Trust** <br>4.000% due 05/15/2034 | 2399 | 2251 |
| **Market Bidco Finco PLC** <br>4.750% due 11/04/2027 | 1100 | 1293 |
| **Mitchells & Butlers Finance PLC**  |  |  |
| 5.111% (US0003M + 0.450%) due 12/15/2030 ~  | $2985 | 2883 |
| 6.013% due 12/15/2030  | 199 | 275 |
| **National Football League**  |  |  |
| 4.780% due 10/05/2030 (I) | $10600 | 10621 |
| 5.480% due 10/05/2028 «(l)  | 18600 | 18928 |
| **Nissan Motor Co. Ltd.**  |  |  |
| 3.522% due 09/17/2025  | 9500 | 9447 |
| 4.345% due 09/17/2027  | 23270 | 22355 |
| 4.810% due 09/17/2030  | 5600 | 5141 |
| **NPC Ukrenergo** <br>6.875% due 11/09/2028 | 800 | 650 |
| **Petroleos de Venezuela SA**  |  |  |
| 5.375% due 04/12/2027 ^(d)  | 3300 | 416 |
| 5.500% due 04/12/2037 ^(d)  | 4350 | 548 |
| 6.000% due 11/15/2026 ^(d)  | 3434 | 437 |
| 9.750% due 05/17/2035 ^(d)  | 840 | 124 |
| **Petroleos Mexicanos**  |  |  |
| 6.700% due 02/16/2032  | 25103 | 23345 |
| 6.950% due 01/28/2060  | 3028 | 2178 |
| **Prime Property Fund LLC** <br>5.250% due 09/30/2029 «(l) | 12400 | 12390 |
| **Prosus NV** <br>1.288% due 07/13/2029 | 5000 | 5468 |
| **Rolls-Royce PLC**  |  |  |
| 3.625% due 10/14/2025  | $2000 | 1997 |
| 4.625% due 02/16/2026  | 889 | 1057 |
| 5.750% due 10/15/2027  | $14288 | 14674 |
| 5.750% due 10/15/2027  | 3043 | 4286 |
| **Saudi Arabian Oil Co.** <br>4.750% due 06/02/2030 | $13000 | 13070 |
| **Sprint Spectrum Co. LLC** <br>5.152% due 09/20/2029 | 1752 | 1765 |
| **Thames Water Super Senior Issuer PLC** <br>9.750% due 10/10/2027 | 175 | 264 |
| **Thames Water Utilities Finance PLC**  |  |  |
| 2.375% due 04/22/2042  | 800 | 727 |
| 3.500% due 02/25/2030  | 200 | 182 |
| 4.000% due 04/18/2029  | 1500 | 1158 |
| 4.375% due 01/18/2033  | 200 | 154 |

---

<PARSING HTML EXCEEDED 15 MINUTES - OUTPUT HAS BEEN TRUNCATED>

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Funds

- **b. Investment Company Act file number:** 811-05028

- **c. CIK number of Registrant:** 0000810893

- **d. LEI of Registrant:** 5493003B5Y5GR0Y25Y76

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

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

  - **City:** Newport Beach

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92660

  - **Telephone number:** (888) 877-4626

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

- **a. Name of Series:** PIMCO Low Duration Fund

- **b. EDGAR series identifier (if any):** S000009691

- **c. LEI of Series:** MGFS63GRW2G1SZOESY83

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $10650064088.80

**Total Liabilities:** $4136747366.77

**Net Assets:** $6513316722.03

**Delayed Delivery Securities:** $3100000.00

**Cash Not Reported:** $23127840.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 376908.851400 | **1-Year:** 321682.525000 | **5-Year:** 538747.373300 | **10-Year:** 44841.199400 | **30-Year:** 1244.078200

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

- **3-Month:** 21851.179100 | **1-Year:** 6699.550000 | **5-Year:** 5172.536800 | **10-Year:** 334.108400 | **30-Year:** 7.131500

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000026576 | 0.66%                | -0.19%               | 0.75%                |
| Class ID C000026577 | 0.65%                | -0.20%               | 0.75%                |
| Class ID C000026579 | 0.63%                | -0.23%               | 0.72%                |
| Class ID C000222833 | 0.61%                | -0.24%               | 0.70%                |
| Class ID C000064143 | 0.67%                | -0.18%               | 0.76%                |
| Class ID C000200445 | 0.67%                | -0.18%               | 0.76%                |
| Class ID C000026581 | 0.63%                | -0.22%               | 0.72%                |
| Class ID C000026575 | 0.68%                | -0.17%               | 0.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6885880.15             | $7618903.47                                |
| Month 2  | $6690626.62              | $-18507233.01                              |
| Month 3  | $-3840219.54             | $34687840.68                               |

**Designated Index Information**

- **Index Name:** 50% ICE BofA 1-3 Year US Treasury Index, 50% Bloomberg US Intermediate Credit Total Return Index

- **Index Identifier:** G1O2, LUICTRUU

### Schedule of Portfolio Investments

| Name                                                              | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GOVERNMENT NATL MTGE ASSOC 2010-H02                               | GOVERNMENT NATIONAL MORTGAGE A GNR 2010 H02 FA          | CUSIP: 38375BAM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     381500 | PA      | $383386.01     | 0.01%             | 2060-02-20      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.51000 04/09/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $14821.05      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.45000 05/05/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $18245.25      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SYNCHRONY CARD ISSUANCE TRUST 2023-A2                             | SYNCHRONY CARD ISSUANCE TRUST SYNIT 2023 A2 A           | CUSIP: 87166PAL5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17600000 | PA      | $17926752.80   | 0.28%             | 2029-10-15      | Fixed         | 5.74%                 | No            |                  2 | On Loan: No      |
| AREIT TRUST 2022-CRE6                                             | AREIT CRE TRUST AREIT 2022 CRE6 A 144A                  | CUSIP: 04002VAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   12715321 | PA      | $12699434.06   | 0.19%             | 2037-01-20      | Floating      | 5.55%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QG9295 FR 08/53 FIXED 5.5             | CUSIP: 3133CAKG4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2363044 | PA      | $2365860.77    | 0.04%             | 2053-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT DKK SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |          1 | NC      | $2675.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TSY INFL IX N/B 10/25 0.125                             | CUSIP: 91282CAQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   40238961 | PA      | $40100270.18   | 0.62%             | 2025-10-15      | Fixed         | 0.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-153.97       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NORTHROP GRUMMAN CORPORATION                                      | NORTHROP GRUMAN CORP                                    | CUSIP: 66681LUQ1<br>LEI: RIMU48P07456QXSO0R61 | Long             | DBT              | CORP              | US        |    6500000 | PA      | $6480008.60    | 0.10%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $3121.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.74901 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-139886.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AGL CLO 14 LTD 2021-14A                                           | AGL CLO 14, LTD. AGL 2021 14A AR 144A                   | CUSIP: 00851WAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $1000430.35    | 0.02%             | 2034-12-02      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| WELLFLEET CLO 2021-1 LTD                                          | WELF 2021 1A A1R TSFR3M 04/34 5.49348                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     700000 | PA      | $700000.00     | 0.01%             | 2034-04-20      | Floating      | 5.49%                 | No            |                  3 | On Loan: No      |
| LOANCORE ISSUER LTD 2021-CRE5                                     | LOANCORE 2021 CRE5 ISSUER, LTD LNCR 2021 CRE5 A 144A    | CUSIP: 53947XAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    5215201 | PA      | $5216759.15    | 0.08%             | 2036-07-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVESTMENT LN TR 2004-2                          | STRUCTURED ASSET INVESTMENT LO SAIL 2004 2 A4           | CUSIP: 86358EGW0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1463750 | PA      | $1518600.09    | 0.02%             | 2034-03-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| AIR LEASE CORPORATION                                             | AIR LEASE CORP DISC COML PAPER 07/25 ZCP                | CUSIP: 00913WUF0<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1247521.00    | 0.02%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 654952 FN 07/42 FLOATING VAR                  | CUSIP: 31390STH4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       3779 | PA      | $3808.92       | 0.00%             | 2042-07-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2003-2                 | BEAR STEARNS ASSET BACKED SECU BSABS 2003 2 M1          | CUSIP: 07384YJU1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     725009 | PA      | $708472.40     | 0.01%             | 2043-03-25      | Floating      | 6.23%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL C55740 FG 01/30 FIXED 7               | CUSIP: 31298SLV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        693 | PA      | $731.49        | 0.00%             | 2030-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $48239.19      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ILS SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $11222.34      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                      | UBS GROUP AG SR UNSECURED 04/26 4.55                    | CUSIP: 902613BB3<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    2100000 | PA      | $2100669.82    | 0.03%             | 2026-04-17      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA4978 FN 04/53 FIXED 5                       | CUSIP: 31418EQ86<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   50947668 | PA      | $50122692.01   | 0.77%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9J0A0 PIMCO SWAPTION 3.775 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -6000000 | NC      | $-53246.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5442                                           | FREDDIE MAC FHR 5442 FB                                 | CUSIP: 3137HF4U6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9210299 | PA      | $9232182.45    | 0.14%             | 2054-08-25      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC 07/25 ZCP                  | CUSIP: 01626UUW3<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    1900000 | PA      | $1892582.02    | 0.03%             | 2025-07-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.22000 01/08/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-7533.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.56500 08/28/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $40780.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2023-C                           | SMB PRIVATE EDUCATION LOAN TRU SMB 2023 C A1A 144A      | CUSIP: 83207DAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8992283 | PA      | $9239971.89    | 0.14%             | 2052-11-15      | Fixed         | 5.67%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL MA5399 G2 08/48 FIXED 4.5                  | CUSIP: 36179T7L3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     705414 | PA      | $687555.30     | 0.01%             | 2048-08-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | US TREASURY N/B 06/26 4.125                             | CUSIP: 91282CHH7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   50000000 | PA      | $50066176.00   | 0.77%             | 2026-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                | SOUTHERN CAL EDISON 1ST MORTGAGE 11/27 5.85             | CUSIP: 842400HS5<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     600000 | PA      | $615015.40     | 0.01%             | 2027-11-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9N1A0 PIMCO SWAPTION 3.914 PUT USD 2025072          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2600000 | NC      | $-4506.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCM 35 LTD 35A                                                    | LCM LTD PARTNERSHIP LCM 35A A1R 144A                    | CUSIP: 50202QAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $997436.31     | 0.02%             | 2034-10-15      | Floating      | 5.34%                 | No            |                  2 | On Loan: No      |
| GUGGENHEIM CLO 2022-2A LTD                                        | GUGGENHEIM CLO LTD GUGG 2022 2A A1R 144A                | CUSIP: 40172PAL6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $998227.34     | 0.02%             | 2035-01-15      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-405.21       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ARBOR REALTY COLLATERALIZED LOAN OBLIGATION LTD 2022-FL1          | ARBOR REALTY COLLATERALIZED LO ARCLO 2022 FL1 A 144A    | CUSIP: 03880XAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3152767 | PA      | $3159070.89    | 0.05%             | 2037-01-15      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                           | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 01/28 1.8     | CUSIP: 44891ABT3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |     200000 | PA      | $186451.54     | 0.00%             | 2028-01-10      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL ZM5146 FR 12/47 FIXED 4               | CUSIP: 3131XYWF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1114265 | PA      | $1055398.68    | 0.02%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB3278 FN 04/52 FIXED 3                       | CUSIP: 3140QNUC4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   29743422 | PA      | $25776526.23   | 0.40%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $9654.42       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-64                                                | FANNIE MAE FNR 2007 64 FA                               | CUSIP: 31396WVQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     442132 | PA      | $439554.44     | 0.01%             | 2037-07-25      | Floating      | 4.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9LGA8 PIMCO SWAPTION 4.097 PUT USD 2025071          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3500000 | NC      | $-568.75       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2020-H14                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2020 H14 FH          | CUSIP: 38380QGA4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   17117147 | PA      | $17404927.65   | 0.27%             | 2070-08-20      | Floating      | 5.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.6637* 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-46732.82     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                              | JPMORGAN CHASE + CO SR UNSECURED 04/28 VAR              | CUSIP: 46647PEF9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    5000000 | PA      | $5015348.60    | 0.08%             | 2028-04-22      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4024                                           | FREDDIE MAC FHR 4024 IO                                 | CUSIP: 3137ANKV6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     604225 | PA      | $10246.14      | 0.00%             | 2027-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080285 G2 05/29 FLOATING VAR               | CUSIP: 36225CJ72<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         28 | PA      | $28.17         | 0.00%             | 2029-05-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 563869 FN 01/31 FIXED 8                       | CUSIP: 31386HMS7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        534 | PA      | $533.47        | 0.00%             | 2031-01-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AS7958 FN 08/46 FIXED 4.5                     | CUSIP: 3138WHZY1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      21688 | PA      | $21195.10      | 0.00%             | 2046-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT PLN SOLD USD 20250710                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $5086.48       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                             | ATHENE GLOBAL FUNDING SECURED 144A 07/26 VAR            | CUSIP: 04685A4J7<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   16500000 | PA      | $16524795.87   | 0.25%             | 2026-07-16      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOFTBANK GROUP CORP SNR JP SP GST                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-6988.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 835058 FN 06/35 FLOATING VAR                  | CUSIP: 31407MWT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      22549 | PA      | $22927.12      | 0.00%             | 2035-06-01      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-155626.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 905882 FN 12/36 FIXED 6                       | CUSIP: 31411EM79<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      36754 | PA      | $37825.95      | 0.00%             | 2036-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H19                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H19 FA          | CUSIP: 38383KCS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4355154 | PA      | $4377442.78    | 0.07%             | 2073-08-20      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.51400 09/04/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $47535.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES ISSUER TRUST 2025-2A                         | GLS AUTO RECEIVABLES TRUST GCAR 2025 2A A2 144A         | CUSIP: 37989BAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1300000 | PA      | $1301180.14    | 0.02%             | 2028-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $99625.97      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP MYC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-26126.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5478                                           | FREDDIE MAC FHR 5478 FB                                 | CUSIP: 3137HHS93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   41250066 | PA      | $41360695.05   | 0.64%             | 2054-02-25      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9IZA4 PIMCO SWAPTION 4.125 PUT USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -6000000 | NC      | $-14.40        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BV0592 FN 04/52 FIXED 3                       | CUSIP: 3140MDUS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     619485 | PA      | $539474.74     | 0.01%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                               | GLOBAL PMTS INC 07/25 ZCP                               | CUSIP: 37961CU18<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1199836.80    | 0.02%             | 2025-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.55500 08/28/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $43116.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)              | FREDDIE MAC NOTES 10/25 0.65                            | CUSIP: 3134GW5R3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   62200000 | PA      | $61467047.64   | 0.94%             | 2025-10-27      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8360 FR 09/53 FIXED 4.5             | CUSIP: 3132DWJD6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     911550 | PA      | $873220.13     | 0.01%             | 2053-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $86799.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA5443 FN 08/54 FIXED 5                       | CUSIP: 31418FBM8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     893971 | PA      | $876936.62     | 0.01%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2012-H30                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2012 H30 GA          | CUSIP: 38375BA77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      72368 | PA      | $72400.22      | 0.00%             | 2062-12-20      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                       | CITIBANK NA SR UNSECURED 11/27 VAR                      | CUSIP: 17325FBL1<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |    6550000 | PA      | $6591618.57    | 0.10%             | 2027-11-19      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9L3A2 PIMCO SWAPTION 4.0525 PUT USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2800000 | NC      | $-404.60       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD JPY BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-86753.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC HOLDINGS PLC                                                 | HSBC HOLDINGS PLC SR UNSECURED 08/27 VAR                | CUSIP: 404280DY2<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    3200000 | PA      | $3229360.42    | 0.05%             | 2027-08-14      | Floating      | 5.88%                 | No            |                  2 | On Loan: No      |
| VASA TRUST 2021-VASA                                              | VASA TRUST VASA 2021 VASA A 144A                        | CUSIP: 92230AAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5000000 | PA      | $4862546.50    | 0.07%             | 2039-07-15      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $8.24          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9M4A9 PIMCO SWAPTION 3.637 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2000000 | NC      | $-10025.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTG INV INC 2005-AR8                             | STRUCTURED ASSET MORTGAGE INVE SAMI 2005 AR8 A1A        | CUSIP: 86359LRW1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     660884 | PA      | $552490.95     | 0.01%             | 2036-02-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| PARALLEL 2021-1 LTD                                               | PARALLEL LTD PARL 2021 1A AR 144A                       | CUSIP: 69916HAL4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1200000 | PA      | $1198071.35    | 0.02%             | 2034-07-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9JLA7 PIMCO SWAPTION 3.79 CALL USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3300000 | NC      | $-34377.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-283085.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 839109 FN 11/35 FLOATING VAR                  | CUSIP: 31407SGS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5912 | PA      | $6028.09       | 0.00%             | 2035-11-01      | Floating      | 6.54%                 | No            |                  2 | On Loan: No      |
| CENTEX HOME EQUITY 2004-D                                         | CENTEX HOME EQUITY CXHE 2004 D MV1                      | CUSIP: 152314LQ1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     858725 | PA      | $851559.44     | 0.01%             | 2034-09-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H26                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H26 DF          | CUSIP: 38383KKA9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2149501 | PA      | $2138176.58    | 0.03%             | 2073-09-20      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BY4733 FN 06/53 FIXED 5                       | CUSIP: 3140NMHK6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3644352 | PA      | $3582300.79    | 0.05%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2002-22                                                | FANNIE MAE FNR 2002 22 ZA                               | CUSIP: 31392CDG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     214629 | PA      | $223910.60     | 0.00%             | 2032-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GSR MTGE LOAN TRUST 2003-2F                                       | GSR MORTGAGE LOAN TRUST GSR 2003 2F 3A1                 | CUSIP: 36228FNB8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      13770 | PA      | $14214.79      | 0.00%             | 2032-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BH9044 FN 11/47 FIXED 4                       | CUSIP: 3140GYBN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     545148 | PA      | $516260.88     | 0.01%             | 2047-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                             | WELLS FARGO + COMPANY SR UNSECURED 01/28 VAR            | CUSIP: 95000U3S0<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $15013832.25   | 0.23%             | 2028-01-24      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT DKK SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |          1 | NC      | $2267.55       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MONDELEZ INTERNATIONAL INC                                        | MONDELEZ INTL INC                                       | CUSIP: 60920VVB5<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |    2750000 | PA      | $2735437.38    | 0.04%             | 2025-08-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 865420 FN 02/36 FIXED 6.5                     | CUSIP: 31409APD5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2564 | PA      | $2677.54       | 0.00%             | 2036-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)              | FREDDIE MAC NOTES 10/26 0.8                             | CUSIP: 3134GW6C5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   83100000 | PA      | $79717688.73   | 1.22%             | 2026-10-28      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.40750 09/05/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $61995.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0268 FN 12/29 FIXED 5                       | CUSIP: 31417YJN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8465 | PA      | $8565.98       | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $49744.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)                 | IBM CORP SR UNSECURED 02/28 4.65                        | CUSIP: 459200LF6<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | DBT              | CORP              | US        |   13300000 | PA      | $13456580.37   | 0.21%             | 2028-02-10      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 912134 FN 03/32 FIXED 6                       | CUSIP: 31411NLP0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      19762 | PA      | $20080.71      | 0.00%             | 2032-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QD9717 FR 04/52 FIXED 3               | CUSIP: 3133B7YN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4489734 | PA      | $3894973.09    | 0.06%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 878476 FN 02/36 FIXED 6                       | CUSIP: 31409T6M5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4390 | PA      | $4512.68       | 0.00%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                       | BANK OF AMERICA CORP SR UNSECURED 05/29 VAR             | CUSIP: 06051GMT3<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $15097213.35   | 0.23%             | 2029-05-09      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TR 2004-HYB2                              | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2004 HYB2 2A        | CUSIP: 17307GEC8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     153335 | PA      | $141790.05     | 0.00%             | 2034-03-25      | Floating      | 6.76%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2022-H24                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H24 FD          | CUSIP: 38382YC92<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   74343201 | PA      | $75580806.85   | 1.16%             | 2072-11-20      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BV1252 FN 04/52 FIXED 3                       | CUSIP: 3140MEMA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1182256 | PA      | $1025199.54    | 0.02%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 929192 FN 03/38 FIXED 6.5                     | CUSIP: 31412MKD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      49496 | PA      | $52467.15      | 0.00%             | 2038-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS4439 FN 04/53 FIXED VAR                     | CUSIP: 3140XK4Z0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1231807 | PA      | $1213832.85    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                                    | MORGAN STANLEY SR UNSECURED 04/28 VAR                   | CUSIP: 61747YFN0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    7500000 | PA      | $7544713.73    | 0.12%             | 2028-04-13      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                | SOUTHERN CAL EDISON 1ST REF MORT 03/28 3.65             | CUSIP: 842400GJ6<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     700000 | PA      | $680806.55     | 0.01%             | 2028-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT THB SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $13348.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HARBORVIEW MORTGAGE LOAN TR 2005-4                                | HARBORVIEW MORTGAGE LOAN TRUST HVMLT 2005 4 3A1         | CUSIP: 41161PMX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1235323 | PA      | $923161.08     | 0.01%             | 2035-07-19      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1B3413 FH 05/37 FLOATING VAR          | CUSIP: 3128JNVF9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       6530 | PA      | $6697.80       | 0.00%             | 2037-05-01      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 257536 FN 01/29 FIXED 5                       | CUSIP: 31371PBD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        843 | PA      | $847.15        | 0.00%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | EURO-BOBL FUTURE  SEP25 XEUR 20250908                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         22 | NC      | $-13889.36     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.23200 09/10/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $12968.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC (AKA: CB RICHARD ELLIS SERVICES INC)            | CBRE SVCS INC                                           | CUSIP: 12610BUA8<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    3500000 | PA      | $3495386.65    | 0.05%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-285795.47    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATL MTGE ASSOC 2010-H28                               | GOVERNMENT NATIONAL MORTGAGE A GNR 2010 H28 FE          | CUSIP: 38375BJE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     227432 | PA      | $227643.69     | 0.00%             | 2060-12-20      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U7HUA3 PIMCO SWAPTION 3.29 CALL USD 2025103          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | -235400000 | NC      | $-327111.84    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9MNA8 PIMCO SWAPTION 3.955 PUT USD 2025072          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2400000 | NC      | $-2850.48      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-32                               | FHLMC STRUCTURED PASS THROUGH FSPC T 32 A1              | CUSIP: 3133TSQG1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     250105 | PA      | $250050.45     | 0.00%             | 2031-08-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                     | FORD MOTOR CREDIT CO LLC SR UNSECURED 11/27 7.35        | CUSIP: 345397C35<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     300000 | PA      | $311656.15     | 0.00%             | 2027-11-04      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                      | UBS GROUP AG SR UNSECURED 144A 07/26 VAR                | CUSIP: 225401AY4<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    6200000 | PA      | $6205839.66    | 0.10%             | 2026-07-15      | Floating      | 6.37%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR FUT OPTN  AUG25P 109.5 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -38 | NC      | $-2375.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TREASURY BILL 07/25 0.00000                             | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     647000 | PA      | $646849.53     | 0.01%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR FUT OPTN  AUG25C 112.7 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -154 | NC      | $-67375.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PHILIP MORRIS INTERNATIONAL INC                                   | PHILIP MORRIS INTL INC SR UNSECURED 04/28 4.125         | CUSIP: 718172DR7<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | DBT              | CORP              | US        |   15000000 | PA      | $14973976.95   | 0.23%             | 2028-04-28      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9HMA0 PIMCO SWAPTION 4.019 PUT USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2600000 | NC      | $-52.78        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3200                                                  | FREDDIE MAC FHR 3200 SB                                 | CUSIP: 31397AJC8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1680648 | PA      | $193256.73     | 0.00%             | 2036-08-15      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-90                                         | FANNIE MAE FNR 2024 90 ED                               | CUSIP: 3136BTYL1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   12597101 | PA      | $11745194.40   | 0.18%             | 2046-11-25      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| DBGS 2021-W52 MORTGAGE TRUST                                      | DBGS MORTGAGE TRUST DBGS 2021 W52 A 144A                | CUSIP: 23308LAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1220000 | PA      | $1208544.57    | 0.02%             | 2036-10-15      | Floating      | 5.82%                 | No            |                  2 | On Loan: No      |
| RESEARCH-DRIVEN PAGAYA MOTOR ASSET TRUST 2023-3A LLC              | RESEARCH DRIVEN PAGAYA MOTOR A RPM 2023 3A A 144A       | CUSIP: 76089RAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     234588 | PA      | $235463.47     | 0.00%             | 2032-01-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XI 2012-11A                                            | APIDOS CLO LTD APID 2012 11A AR4 144A                   | CUSIP: 03763YBY1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $999651.33     | 0.02%             | 2034-04-17      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080094 G2 07/27 FLOATING VAR               | CUSIP: 36225CC87<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1418 | PA      | $1414.16       | 0.00%             | 2027-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FIRST FRANKLIN MTG LN ABS CERT 2004-FF3                           | FIRST FRANKLIN MTG LOAN ASSET FFML 2004 FF3 M1          | CUSIP: 36228FU61<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     699746 | PA      | $685110.10     | 0.01%             | 2034-05-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.41000 09/05/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $69909.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-15160.61     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CHEVY CHASE MTGE FUNDING CORP 2004-1A                             | CHEVY CHASE MORTGAGE FUNDING C CCMFC 2004 1A A1 144A    | CUSIP: 16678RAS6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      46590 | PA      | $45593.34      | 0.00%             | 2035-01-25      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS8865 FN 02/35 FIXED VAR                     | CUSIP: 3140XQZ75<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1382640 | PA      | $1334364.10    | 0.02%             | 2035-02-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| 280 PARK AVENUE 2017-280P MORTGAGE TRUST                          | 280 PARK AVENUE MORTGAGE TRUST PRK 2017 280P A 144A     | CUSIP: 90205FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   10200000 | PA      | $10110159.42   | 0.16%             | 2034-09-15      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                              | GENERAL MOTORS FINL CO GENERAL MOTORS FINL CO           | CUSIP: 37045XEQ5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   14700000 | PA      | $14919640.20   | 0.23%             | 2027-05-08      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 257281 FN 07/28 FIXED 5                       | CUSIP: 31371NXJ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        745 | PA      | $748.75        | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF7455 FR 02/53 FIXED 5               | CUSIP: 3133BVH81<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     960499 | PA      | $945095.81     | 0.01%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ABU DHABI DEVELOPMENTAL HOLDING COMPANY PJSC                      | ABU DHABI DEVELOPMENTAL ABU DHABI DEVELOPMENTAL         | CUSIP: 00402D2A2<br>LEI: 254900G082ZFKTCR2Q75 | Long             | DBT              | CORP              | AE        |    3900000 | PA      | $4019589.60    | 0.06%             | 2029-05-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VENTURE 36 CLO LTD                                                | VENTURE CDO LTD VENTR 2019 36A A1AR 144A                | CUSIP: 92332LAU3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   15138468 | PA      | $15153590.01   | 0.23%             | 2032-04-20      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 783403 FN 11/34 FIXED 6.5                     | CUSIP: 31405AKQ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      67550 | PA      | $71309.54      | 0.00%             | 2034-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                           | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 06/27 4.875   | CUSIP: 44891ADU8<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    3300000 | PA      | $3320443.80    | 0.05%             | 2027-06-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.53000 04/23/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $11260.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2021-8                                   | ANGEL OAK MORTGAGE TRUST AOMT 2021 8 A1 144A            | CUSIP: 03465MAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6933860 | PA      | $6173943.24    | 0.09%             | 2066-11-25      | Variable      | 1.82%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | US TREASURY N/B 04/26 4.875                             | CUSIP: 91282CKK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   36100000 | PA      | $36328566.79   | 0.56%             | 2026-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2019-5A                                          | CIFC FUNDING LTD CIFC 2019 5A A1R1 144A                 | CUSIP: 12554XAJ1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    8200000 | PA      | $8207756.71    | 0.13%             | 2035-01-15      | Floating      | 5.66%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8383 FR 12/53 FIXED 5.5             | CUSIP: 3132DWJ46<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   26935209 | PA      | $26968869.25   | 0.41%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2003-35                                                | FANNIE MAE FNR 2003 35 UN                               | CUSIP: 31393BM69<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      83652 | PA      | $82078.78      | 0.00%             | 2033-05-25      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-15011.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 546990 FN 07/30 FIXED 8                       | CUSIP: 31385KUP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        165 | PA      | $164.59        | 0.00%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ILS SOLD USD 20250709                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $923.27        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BY4277 FN 06/53 FIXED 4.5                     | CUSIP: 3140NLXF1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     918964 | PA      | $879813.22     | 0.01%             | 2053-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0844 FN 08/31 FIXED 4.5                     | CUSIP: 31417Y5E3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       3083 | PA      | $3097.05       | 0.00%             | 2031-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.97500 03/21/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-127721.88    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNPAM-2018-1A                                                     | BNPP IP EURO CLO BNPAM 2018 1A AR 144A                  | CUSIP: ACI1W1J88<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     299527 | PA      | $352001.76     | 0.01%             | 2031-04-15      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-389.72       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                             | CROWN CASTLE                                            | CUSIP: 22823PUQ4<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |    5950000 | PA      | $5930143.66    | 0.09%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP                     | PENSKE TRUCK LEASING/PTL SR UNSECURED 144A 06/26 1.7    | CUSIP: 709599BM5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   11100000 | PA      | $10799700.71   | 0.17%             | 2026-06-15      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJ RATE MTGE TR 2006-4                              | BEAR STEARNS ADJUSTABLE RATE M BSARM 2006 4 1A1         | CUSIP: 073882AA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      40403 | PA      | $39095.42      | 0.00%             | 2036-10-25      | Floating      | 6.53%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5513                                           | FREDDIE MAC FHR 5513 MF                                 | CUSIP: 3137HKEX8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   17979129 | PA      | $17942417.24   | 0.28%             | 2054-11-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| BMW VEHICLE LEASE TRUST 2025-1                                    | BMW VEHICLE LEASE TRUST BMWLT 2025 1 A3                 | CUSIP: 096912AD2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8200000 | PA      | $8251853.52    | 0.13%             | 2028-06-26      | Fixed         | 4.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | EURO-BUND OPTION  AUG25P 129 EXP 07/25/2025             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         -8 | NC      | $-3204.03      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080968 G2 07/34 FLOATING VAR               | CUSIP: 36225DCE2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5333 | PA      | $5411.21       | 0.00%             | 2034-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4116                                           | FREDDIE MAC FHR 4116 EA                                 | CUSIP: 3137AVL96<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1441948 | PA      | $1401260.55    | 0.02%             | 2027-10-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 910434 FN 01/37 FIXED 6                       | CUSIP: 31411KPT4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2717 | PA      | $2816.66       | 0.00%             | 2037-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MORTGAGEIT TRUST 2005-1                                           | MORTGAGEIT TRUST MHL 2005 1 1A1                         | CUSIP: 61913PAP7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      77745 | PA      | $78877.94      | 0.00%             | 2035-02-25      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CAD SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |          1 | NC      | $22768.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-451.49       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD SGD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-427.41       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC-3203                                                  | FREDDIE MAC FHR 3203 CF                                 | CUSIP: 31397APT4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12575 | PA      | $12510.99      | 0.00%             | 2036-05-15      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD JPY BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-10772.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THE CAMPBELLS COMPANY                                             | THE CAMPBELLS COMPANY SR UNSECURED 03/26 5.3            | CUSIP: 134429BL2<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | DBT              | CORP              | US        |   11300000 | PA      | $11355410.57   | 0.17%             | 2026-03-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MTGE SEC 2003-D                                   | BANC OF AMERICA MORTGAGE SECUR BOAMS 2003 D 2A4         | CUSIP: 05948XBV2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |         54 | PA      | $52.83         | 0.00%             | 2033-05-25      | Floating      | 7.02%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-104                                        | FANNIE MAE FNR 2024 104 FA                              | CUSIP: 3136BUEQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3749372 | PA      | $3741630.55    | 0.06%             | 2055-01-25      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-61                               | FHLMC STRUCTURED PASS THROUGH FSPC T 61 1A1             | CUSIP: 31395A3J2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     830798 | PA      | $803111.11     | 0.01%             | 2044-07-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                         | ONEOK INC                                               | CUSIP: 68269EUB6<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     350000 | PA      | $349498.07     | 0.01%             | 2025-07-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                      | UBS GROUP AG SR UNSECURED 144A 12/27 VAR                | CUSIP: 225401BC1<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |     700000 | PA      | $718910.80     | 0.01%             | 2027-12-22      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9EPA4 PIMCO SWAPTION 3.701 CALL USD 202506          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3400000 | NC      | $-4550.90      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 6 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F060683<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  645600000 | PA      | $655479306.91  | 10.06%            | 2054-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4960                                           | FREDDIE MAC FHR 4960 PG                                 | CUSIP: 3137FRHR5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100680 | PA      | $88333.32      | 0.00%             | 2049-10-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SUNTRUST ADJR MRTG LN TR 2007-S1                                  | SUNTRUST ADJUSTABLE RATE MORTG STARM 2007 S1 1A         | CUSIP: 855541AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     416751 | PA      | $256923.04     | 0.00%             | 2037-01-25      | Floating      | 6.85%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA MTGE SEC 2005-H                                   | BANC OF AMERICA MORTGAGE SECUR BOAMS 2005 H 2A5         | CUSIP: 05949CGA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     807582 | PA      | $712258.27     | 0.01%             | 2035-09-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD DKK BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |          1 | NC      | $-2259.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080031 G2 01/27 FLOATING VAR               | CUSIP: 36225CA97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      32859 | PA      | $32734.89      | 0.00%             | 2027-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-57                               | FHLMC STRUCTURED PASS THROUGH FSPC T 57 1A1             | CUSIP: 31394JD87<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5229204 | PA      | $5431224.13    | 0.08%             | 2043-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2013-39                                         | FANNIE MAE FNR 2013 39 MI                               | CUSIP: 3136AEEH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1349094 | PA      | $33497.33      | 0.00%             | 2028-05-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR FUT OPTN  AUG25P 108.5 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         -6 | NC      | $-187.50       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GPMT LLC 2021-FL3                                                 | GPMT LTD. GPMT 2021 FL3 A 144A                          | CUSIP: 36264BAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |    6460691 | PA      | $6334547.09    | 0.10%             | 2035-07-16      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| HARLEY-DAVIDSON FINANCIAL SERVICES INC                            | HARLEY DAVIDSON FND CP                                  | CUSIP: 41282JV40<br>LEI: RLUFFFFW4GRYU77BTS24 | Long             | DBT              | CORP              | US        |     700000 | PA      | $696767.33     | 0.01%             | 2025-08-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/2.00000 12/21/22-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $3997184.27    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | US TREASURY N/B 11/28 4.375                             | CUSIP: 91282CJN2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   31200000 | PA      | $31856906.33   | 0.49%             | 2028-11-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                               | DOMINION RESOURCES                                      | CUSIP: 2574P0UJ1<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1995406.80    | 0.03%             | 2025-07-18      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9EJA1 PIMCO SWAPTION 3.727 CALL USD 202506          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -6000000 | NC      | $-21118.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $263.27        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0383 FN 04/30 FIXED 4.5                     | CUSIP: 31417YM95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      11384 | PA      | $11402.18      | 0.00%             | 2030-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 257132 FN 03/28 FIXED 5                       | CUSIP: 31371NSV8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8610 | PA      | $8643.92       | 0.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2014-H21                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2014 H21 FA          | CUSIP: 38375UQC7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4516387 | PA      | $4519918.29    | 0.07%             | 2064-10-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| ORACLE CORPORATION                                                | ORACLE CORP SR UNSECURED 08/28 VAR                      | CUSIP: 68389XCX1<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    3400000 | PA      | $3416197.94    | 0.05%             | 2028-08-03      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT DKK SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |          1 | NC      | $19577.99      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2020-80                                         | FANNIE MAE FNR 2020 80 JF                               | CUSIP: 3136BCZK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     963713 | PA      | $912163.34     | 0.01%             | 2050-11-25      | Floating      | 4.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 834681 FN 10/35 FLOATING VAR                  | CUSIP: 31407MJ22<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     111467 | PA      | $113793.93     | 0.00%             | 2035-10-01      | Floating      | 7.09%                 | No            |                  2 | On Loan: No      |
| ICG-2021-3A                                                       | ICG US CLO LTD ICG 2021 3A AR 144A                      | CUSIP: 449249AS0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3100000 | PA      | $3102181.69    | 0.05%             | 2034-10-20      | Floating      | 5.42%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB3277 FN 04/52 FIXED 3                       | CUSIP: 3140QNUB6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   27495908 | PA      | $23838489.38   | 0.37%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT GRANTOR TRUST 2024-9                               | PAGAYA AI DEBT SELECTION TRUST PAID 2024 9 A 144A       | CUSIP: 69546QAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     276301 | PA      | $276343.90     | 0.00%             | 2032-03-15      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| EMF-NL BV 2008-APRX                                               | EMF NL BV EMFNL 2008 APRX A3 REGS                       | CUSIP: B39M0QII0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | NL        |    3000000 | PA      | $3307117.18    | 0.05%             | 2041-04-17      | Floating      | 3.11%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2004-1                              | COUNTRYWIDE ASSET BACKED CERTI CWL 2004 1 M1            | CUSIP: 126671Z25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     247311 | PA      | $251852.76     | 0.00%             | 2034-03-25      | Floating      | 5.18%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                       | LETRA TESOURO NACIONAL BILLS 10/25 0.00000              | CUSIP: ACI2HDVK6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |  705600000 | PA      | $125269833.86  | 1.92%             | 2025-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AB1720 FN 11/30 FIXED 4.5                     | CUSIP: 31416W4E9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      80456 | PA      | $80413.28      | 0.00%             | 2030-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-18311.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS8344 FN 06/49 FIXED VAR                     | CUSIP: 3140XQHW0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1781229 | PA      | $1687393.26    | 0.03%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QG2414 FR 04/53 FIXED 4.5             | CUSIP: 3133C2VF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     312933 | PA      | $299870.18     | 0.00%             | 2053-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT AUD SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $991.82        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 984845 FN 07/38 FIXED 6                       | CUSIP: 31415PBN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12288 | PA      | $12808.95      | 0.00%             | 2038-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON ALT MTGE SEC 2005-AA7                               | FIRST HORIZON ALTERNATIVE MORT FHAMS 2005 AA7 2A1       | CUSIP: 32051GSQ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      95348 | PA      | $84942.15      | 0.00%             | 2035-09-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY IXIS RE CAP TR 2006-2                              | MORGAN STANLEY IXIS REAL ESTAT MSIX 2006 2 A1           | CUSIP: 617463AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      13059 | PA      | $4202.58       | 0.00%             | 2036-11-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.36000 10/07/24-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-68686.66     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2018-LUAU                       | GS MORTGAGE SECURITIES TRUST GSMS 2018 LUAU A 144A      | CUSIP: 36256AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4418000 | PA      | $4388851.80    | 0.07%             | 2032-11-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-192.33       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                               | NEXTERA ENERGY CAP HLDGS INC                            | CUSIP: 65339MUV6<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    2500000 | PA      | $2490739.75    | 0.04%             | 2025-07-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-32.89        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TREASURY BILL 08/25 0.00000                             | CUSIP: 912797PP6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     273000 | PA      | $271333.75     | 0.00%             | 2025-08-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | GOLDMAN SACHS GROUP INC SNR S* ICE                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $16033.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BPCE SA                                                           | BPCE SA 144A 10/27 VAR                                  | CUSIP: 05571AAQ8<br>LEI: 9695005MSX1OYEMGDF46 | Long             | DBT              | CORP              | FR        |   20200000 | PA      | $20684013.82   | 0.32%             | 2027-10-19      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BD7814 FN 09/46 FIXED 4.5                     | CUSIP: 3140FFVG3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     255278 | PA      | $248949.36     | 0.00%             | 2046-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD NZD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-82830.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BAYER US FINANCE LLC                                              | BAYER US FINANCE LLC BAYER US FINANCE LLC               | CUSIP: 07274EAH6<br>LEI: 54930093Q75GSEM74I71 | Long             | DBT              | CORP              | US        |     600000 | PA      | $609976.82     | 0.01%             | 2026-11-21      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT NZD SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $40139.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)                | COOPERATIEVE RABOBANK UA SR UNSECURED 144A 09/26 VAR    | CUSIP: 74977RDJ0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   10400000 | PA      | $10313818.84   | 0.16%             | 2026-09-24      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB3242 FN 04/52 FIXED 3                       | CUSIP: 3140QNS86<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   40311870 | PA      | $34925877.39   | 0.54%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD GBP BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $-94220.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD ILS BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $-923.26       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| EXTENDED STAY AMERICA TRUST 2021-ESH                              | EXTENDED STAY AMERICA TRUST ESA 2021 ESH A 144A         | CUSIP: 30227FAA8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1372364 | PA      | $1373573.17    | 0.02%             | 2038-07-15      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QE8941 FR 09/52 FIXED 5               | CUSIP: 3133BJ5A6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8379724 | PA      | $8258323.53    | 0.13%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES KBX1 | FHLMC MULTIFAMILY STRUCTURED P FHMS KBX1 A2             | CUSIP: 3137F4CZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1681929 | PA      | $1663960.60    | 0.03%             | 2026-01-25      | Fixed         | 2.92%                 | No            |                  2 | On Loan: No      |
| PFP 2022-9 LTD A                                                  | PFP III PFP 2022 9 A 144A                               | CUSIP: 69291QAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | KY        |   10402075 | PA      | $10419348.97   | 0.16%             | 2035-08-19      | Floating      | 6.59%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2241                                                  | FREDDIE MAC FHR 2241 PH                                 | CUSIP: 3133TPF87<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      14895 | PA      | $15557.70      | 0.00%             | 2030-07-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2007-HE1                 | SECURITIZED ASSET BACKED RECEI SABR 2007 HE1 A2A        | CUSIP: 81377JAB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2759799 | PA      | $593809.21     | 0.01%             | 2036-12-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QD9434 FR 03/52 FIXED 3               | CUSIP: 3133B7PT9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2333835 | PA      | $2024414.18    | 0.03%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-H08                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 H08 KF          | CUSIP: 38383KYE6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     490503 | PA      | $491485.66     | 0.01%             | 2074-05-20      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE HOME LOANS 2005-HYB9                                  | COUNTRYWIDE HOME LOANS CWHL 2005 HYB9 5A1               | CUSIP: 126670LE6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3475449 | PA      | $3216596.91    | 0.05%             | 2036-02-20      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| SAUDI ARABIA GOVT                                                 | SAUDI INTERNATIONAL BOND SR UNSECURED 144A 01/28 5.125  | CUSIP: 80413TBJ7<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |   16100000 | PA      | $16372615.18   | 0.25%             | 2028-01-13      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ANCHORAGE CAPITAL CLO 21 LTD                                      | ANCHORAGE CAPITAL CLO LTD ANCHC 2021 21A AR 144A        | CUSIP: 03331KAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1100000 | PA      | $1100279.55    | 0.02%             | 2034-10-20      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-3110.75      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $94445.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB7197 FN 07/53 FIXED 5.5                     | CUSIP: 3140QS7K1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5299620 | PA      | $5309655.13    | 0.08%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9G6A0 PIMCO SWAPTION 4.065 PUT USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -6000000 | NC      | $-0.60         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NATIXIS COMMERCIAL MORTGAGE SECURITIES TRUST 2021-APPL            | NATIXIS COMMERCIAL MORTGAGE SE NCMS 2021 APPL A 144A    | CUSIP: 63874AAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5200000 | PA      | $5028527.40    | 0.08%             | 2038-08-15      | Floating      | 5.53%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008717 G2 10/25 FLOATING VAR               | CUSIP: 36202KVJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        589 | PA      | $587.38        | 0.00%             | 2025-10-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| ENEL FINANCE INTERNATIONAL NV                                     | ENEL FINANCE INTL NV COMPANY GUAR 144A 07/26 1.375      | CUSIP: 29278GAM0<br>LEI: 0YQH6LCEF474UTUV4B96 | Long             | DBT              | CORP              | NL        |    3200000 | PA      | $3106409.25    | 0.05%             | 2026-07-12      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9JRA1 PIMCO SWAPTION 4.12 PUT USD 20250709          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2800000 | NC      | $-44.52        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/4.00000 02/26/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-12805.26     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008911 G2 07/26 FLOATING VAR               | CUSIP: 36202K3U7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        235 | PA      | $235.22        | 0.00%             | 2026-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR GBP SONIO/3.50000 03/19/25-5Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |          1 | NC      | $-2332205.25   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2004-65                                                | FANNIE MAE FNR 2004 65 YA                               | CUSIP: 31394AQD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     265195 | PA      | $266757.20     | 0.00%             | 2034-08-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB7761 FN 01/54 FIXED 5                       | CUSIP: 3140QTTT6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     937940 | PA      | $922318.15     | 0.01%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-106                                               | FANNIE MAE FNR 2009 106 FA                              | CUSIP: 31398GUJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7691 | PA      | $7708.63       | 0.00%             | 2040-01-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| ISRAEL GOVT                                                       | STATE OF ISRAEL SR UNSECURED 02/30 5.375                | CUSIP: 46514Y8A8<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |    6300000 | PA      | $6428069.49    | 0.10%             | 2030-02-19      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0706 FN 04/31 FIXED 4.5                     | CUSIP: 31417YYC5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8449 | PA      | $8485.96       | 0.00%             | 2031-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NBA (HARDWOOD FUNDING LLC)                                        | HARDWOOD FUNDING LLC CORP0HRD7                          | CUSIP: 955NUHII7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1508889.50    | 0.02%             | 2028-06-07      | Fixed         | 4.84%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                               | 317U4UUA7 PIMCO SWAPTION 5.0 PUT USD 20250708           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  675000000 | NC      | $67.50         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008968 G2 09/26 FLOATING VAR               | CUSIP: 36202K6D2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        131 | PA      | $131.00        | 0.00%             | 2026-09-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| SPIRE INC                                                         | SPIRE INC 03/26 5.3                                     | CUSIP: 84857LAC5<br>LEI: 549300NXSY15DRY2R511 | Long             | DBT              | CORP              | US        |    1500000 | PA      | $1505431.91    | 0.02%             | 2026-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 686323 FN 03/33 FIXED 6                       | CUSIP: 31400FPG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        139 | PA      | $140.91        | 0.00%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOUTH AFRICA EM SP CBK                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $35842.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $37617.10      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC-2304                                                  | FREDDIE MAC FHR 2304 PZ                                 | CUSIP: 3133TSMD2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      58784 | PA      | $61084.73      | 0.00%             | 2031-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-1064877.46   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8290 FR 01/53 FIXED 6               | CUSIP: 3132DWF73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      76227 | PA      | $77762.58      | 0.00%             | 2053-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BSPRT 2022-FL9 ISSUER LTD                                         | BSPRT ISSUER, LTD. BSPRT 2022 FL9 A 144A                | CUSIP: 055984AA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    6844100 | PA      | $6863900.29    | 0.11%             | 2039-07-15      | Floating      | 6.61%                 | No            |                  2 | On Loan: No      |
| CRSNT TRUST 2021-MOON                                             | CRSNT TRUST CRSNT 2021 MOON A 144A                      | CUSIP: 22877LAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   25400000 | PA      | $25094486.26   | 0.39%             | 2036-04-15      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATL MTGE ASSOC 2021-H16                               | GOVERNMENT NATIONAL MORTGAGE A GNR 2021 H16 FG          | CUSIP: 38382YGG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1165357 | PA      | $1151314.13    | 0.02%             | 2071-09-20      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 536330 FN 04/30 FIXED 8                       | CUSIP: 31384WY38<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2234 | PA      | $2280.12       | 0.00%             | 2030-04-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BGC GROUP INC                                                     | BGC GROUP INC SR UNSECURED 144A 04/30 6.15              | CUSIP: 05555LAC5<br>LEI: 2549001IGRCG4F0RLD36 | Long             | DBT              | CORP              | US        |    3200000 | PA      | $3245523.36    | 0.05%             | 2030-04-02      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $18249.18      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ZAR SOLD USD 20250723                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $28220.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-2194.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2006-129                                               | FANNIE MAE FNR 2006 129 FM                              | CUSIP: 31396L5K2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2437 | PA      | $2401.77       | 0.00%             | 2037-01-25      | Floating      | 4.67%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDUC FINANCING AUTH 2008-1                          | MASSACHUSETTS EDUCATIONAL FINA MEFA 2008 1 A1           | CUSIP: 57563NAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     543522 | PA      | $544242.76     | 0.01%             | 2038-04-25      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 332                                            | FREDDIEMAC STRIP FHS 332 V1                             | CUSIP: 3132HUCJ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4070828 | PA      | $4184856.80    | 0.06%             | 2044-08-15      | Floating      | 2.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CHF BOUGHT USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $-19764.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD IDR BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $-38856.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL G61040 FG 06/47 FIXED 3.5             | CUSIP: 31335BEM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1742302 | PA      | $1610016.71    | 0.02%             | 2047-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H09                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H09 FB          | CUSIP: 38376RTJ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1454372 | PA      | $1459829.00    | 0.02%             | 2066-04-20      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H16                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H16 FM          | CUSIP: 38376REA0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     303870 | PA      | $303888.32     | 0.00%             | 2065-07-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | US 5YR NOTE (CBT) SEP25 XCBT 20250930                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       7178 | NC      | $8242496.22    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTG INV INC 2007-AR2                             | STRUCTURED ASSET MORTGAGE INVE SAMI 2007 AR2 2A1        | CUSIP: 86363DAH4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      34123 | PA      | $12881.81      | 0.00%             | 2037-03-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.60500 08/28/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $5821.34       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-65                                                | FANNIE MAE FNR 2007 65 KF                               | CUSIP: 31396WLX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     358090 | PA      | $354063.81     | 0.01%             | 2037-07-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| BCP TRUST 2021-330N                                               | BCP TRUST BCP 2021 330N A 144A                          | CUSIP: 05553BAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     397740 | PA      | $358851.77     | 0.01%             | 2038-06-15      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| CATAMARAN CLO LTD 2014-1A                                         | CATAMARAN CLO LTD CRMN 2014 1A A1AR 144A                | CUSIP: 14889DAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     743540 | PA      | $744371.60     | 0.01%             | 2030-04-22      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| PRIME MORTGAGE TRUST 2004-CL1                                     | PRIME MORTGAGE TRUST PRIME 2004 CL1 1A2                 | CUSIP: 74160MDL3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      89925 | PA      | $85612.12      | 0.00%             | 2034-02-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9LHA7 PIMCO SWAPTION 3.697 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3500000 | NC      | $-23618.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OSCAR US FUNDING XIV LLC 2022-1A                                  | OSCAR US FUNDING TRUST OSCAR 2022 1A A4 144A            | CUSIP: 68784HAD3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |   18790080 | PA      | $18526606.63   | 0.28%             | 2029-04-10      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250703                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $54.91         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACK DIAMOND CLO 2017-2 DAC                                      | BLACK DIAMOND CLO BLACK 2017 2A A1 144A                 | CUSIP: ACI1XBRF0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     375574 | PA      | $443102.88     | 0.01%             | 2032-01-20      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 722083 FN 07/33 FIXED 4.5                     | CUSIP: 31401YFY6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8715 | PA      | $8532.88       | 0.00%             | 2033-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                        | ABBVIE INC ABBVIE INC                                   | CUSIP: 00287YDR7<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |   16100000 | PA      | $16261946.36   | 0.25%             | 2027-03-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLIX LTD 2021-49A                            | MADISON PARK FUNDING LTD MDPK 2021 49A AR 144A          | CUSIP: 55820VAL7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $998675.08     | 0.02%             | 2034-10-19      | Floating      | 5.32%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-HY2                                | TOWD POINT MORTGAGE TRUST TPMT 2019 HY2 A1 144A         | CUSIP: 89177HAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2536789 | PA      | $2598406.28    | 0.04%             | 2058-05-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| COOPERATIEVE RABOBANK UA/NEW YORK BRANCH                          | COOPERAT RABOBANK UA/NY 08/26 VAR                       | CUSIP: 21688ABG6<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    6800000 | PA      | $6818208.63    | 0.10%             | 2026-08-28      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9MJA3 PIMCO SWAPTION 4.05 PUT USD 20250721          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -4500000 | NC      | $-2027.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                           | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 06/28 4.9     | CUSIP: 44891ADV6<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    3300000 | PA      | $3324461.51    | 0.05%             | 2028-06-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                        | ABBVIE INC                                              | CUSIP: 00287BU80<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |     350000 | PA      | $349643.91     | 0.01%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLONY MORTGAGE CAPITAL SERIES LTD 2019-IKPR                      | COLONY MORTGAGE CAPITAL LTD CLNY 2019 IKPR A 144A       | CUSIP: 12564NAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8621083 | PA      | $8469862.01    | 0.13%             | 2038-11-15      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CAD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |          1 | NC      | $-20766.69     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-95815.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AL9109 FN 01/34 FIXED VAR                     | CUSIP: 3138ERDP2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2515 | PA      | $2516.87       | 0.00%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.68900 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-181263.81    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ELEVATION CLO 2022-16A LTD                                        | ELEVATION CLO LTD AWPT 2022 16A A1AR 144A               | CUSIP: 28623YAU7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3300000 | PA      | $3303636.60    | 0.05%             | 2034-07-25      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2005-HE1                             | MORGAN STANLEY CAPITAL INC MSAC 2005 HE1 M2             | CUSIP: 61744CKP0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     323689 | PA      | $317277.06     | 0.00%             | 2034-12-25      | Floating      | 5.14%                 | No            |                  2 | On Loan: No      |
| MOUNTAIN VIEW CLO LLC 2017-2A                                     | MOUNTAIN VIEW CLO MVEW 2017 2A AR 144A                  | CUSIP: 62432LAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |      47375 | PA      | $47404.67      | 0.00%             | 2031-01-16      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY BANK NA                                            | MORGAN STANLEY BANK NA MORGAN STANLEY BANK NA           | CUSIP: 61690U8E3<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |     800000 | PA      | $809741.56     | 0.01%             | 2028-07-14      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| GPMT LTD 2021-FL4                                                 | GPMT LTD. GPMT 2021 FL4 A 144A                          | CUSIP: 36262TAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   13076046 | PA      | $12795625.11   | 0.20%             | 2036-12-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BM1447 FN 07/47 FIXED VAR                     | CUSIP: 3140J5TD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3129919 | PA      | $2891219.71    | 0.04%             | 2047-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-108639.09    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2103                                                  | FREDDIE MAC FHR 2103 TE                                 | CUSIP: 3133THKP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        181 | PA      | $184.01        | 0.00%             | 2028-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CS FIRST BOSTON MTGE SEC CORP 2003-AR24                           | CREDIT SUISSE FIRST BOSTON MOR CSFB 2003 AR24 2A4       | CUSIP: 22541QUN0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       9962 | PA      | $9813.15       | 0.00%             | 2033-10-25      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.24800 09/18/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $57799.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-2129406.71   | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                               | SUMITOMO MITSUI FINL GRP SR UNSECURED 01/26 5.464       | CUSIP: 86562MCT5<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   12600000 | PA      | $12664640.27   | 0.19%             | 2026-01-13      | Fixed         | 5.46%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 981307 FN 06/38 FIXED 6                       | CUSIP: 31415AU82<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      26830 | PA      | $27761.58      | 0.00%             | 2038-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 535597 FN 10/30 FIXED VAR                     | CUSIP: 31384V7J5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        484 | PA      | $488.72        | 0.00%             | 2030-10-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 815195 FN 05/35 FLOATING VAR                  | CUSIP: 31406NUU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      19967 | PA      | $20132.62      | 0.00%             | 2035-05-01      | Floating      | 6.32%                 | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2004-OPT                                              | GSAMP TRUST GSAMP 2004 OPT M1                           | CUSIP: 36242DNU3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     831190 | PA      | $798801.73     | 0.01%             | 2034-11-25      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB2894 FN 02/52 FIXED 3                       | CUSIP: 3140QNGC0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   53918143 | PA      | $46786923.88   | 0.72%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2005-7                                   | BEAR STEARNS ALT A TRUST BALTA 2005 7 22A1              | CUSIP: 07386HVS7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     855228 | PA      | $491147.81     | 0.01%             | 2035-09-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                | SOUTHERN CAL EDISON SOUTHERN CAL EDISON                 | CUSIP: 842400JB0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    4900000 | PA      | $4925267.83    | 0.08%             | 2026-03-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES CORP TRUST 2021-STAR                       | GS MORTGAGE SECURITIES TRUST GSMS 2021 STAR A 144A      | CUSIP: 36264LAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19146000 | PA      | $19059687.92   | 0.29%             | 2036-12-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT INR SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $2293.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT MXN SOLD USD 20250917                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |          1 | NC      | $10.12         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 904568 FN 11/36 FIXED 6                       | CUSIP: 31411C6D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1680 | PA      | $1728.31       | 0.00%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS2699 FN 08/52 FIXED VAR                     | CUSIP: 3140XH7M3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     311804 | PA      | $307161.37     | 0.00%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BU9251 FN 04/52 FIXED 3                       | CUSIP: 3140MBH54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     679114 | PA      | $588902.92     | 0.01%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2025-1 DAC 25-1A              | PALMER SQUARE EUROPEAN LOAN FU PSTET 2025 1A A 144A     | CUSIP: ACI2TS750<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    1100000 | PA      | $1292185.78    | 0.02%             | 2034-10-15      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $88.26         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAMLL COMMERCIAL MORTGAGE SECURITIES TRUST 2021-JACX              | BANC OF AMERICA MERRILL LYNCH BAMLL 2021 JACX A 144A    | CUSIP: 05493LAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4100000 | PA      | $3920926.76    | 0.06%             | 2038-09-15      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-235253.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | US 2YR NOTE (CBT) SEP25 XCBT 20250930                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      24870 | NC      | $20815216.81   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 835288 FN 09/35 FIXED 5                       | CUSIP: 31407M6Z3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      63697 | PA      | $64757.08      | 0.00%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK GROUP HOLDINGS PLC                                   | SANTANDER UK GROUP HLDGS SR UNSECURED 11/26 VAR         | CUSIP: 80281LAS4<br>LEI: 549300F5XIFGNNW4CF72 | Long             | DBT              | CORP              | GB        |   13300000 | PA      | $13409865.05   | 0.21%             | 2026-11-21      | Floating      | 6.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9GAA5 PIMCO SWAPTION 2.64 PUT EUR 20250703          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1400000 | NC      | $-1726.48      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS SWITZERLAND AG                                                | CREDIT SUISSE SCHWEIZ AG COVERED REGS 12/25 3.39        | CUSIP: ACI2BKFD0<br>LEI: 549300WOIFUSNYH0FL22 | Long             | DBT              | CORP              | CH        |    8200000 | PA      | $9710176.55    | 0.15%             | 2025-12-05      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.89000 03/03/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-20384.29     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOUTH AFRICA EM SP MYC                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $182331.41     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080023 G2 12/26 FLOATING VAR               | CUSIP: 36225CAZ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        352 | PA      | $353.96        | 0.00%             | 2026-12-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| SCULPTOR CLO XXVII LTD 27A                                        | SCULPTOR CLO LTD SCUL 27A A1R 144A                      | CUSIP: 81124UAW4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     800000 | PA      | $800204.44     | 0.01%             | 2034-07-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA POOL 422649 GN 04/26 FIXED 7                       | CUSIP: 36206VQA8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |          3 | PA      | $3.20          | 0.00%             | 2026-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $614.63        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 995069 FN 10/38 FIXED VAR                     | CUSIP: 31416BMS4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        474 | PA      | $497.44        | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $32358.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK AG/NEW YORK BRANCH                                  | DEUTSCHE BANK NY 11/27 VAR                              | CUSIP: 251526CN7<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   19000000 | PA      | $19006677.36   | 0.29%             | 2027-11-16      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9EOA5 PIMCO SWAPTION 4.101 PUT USD 2025063          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3400000 | NC      | $-0.34         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD0883 FR 02/52 FIXED 3               | CUSIP: 3132DM6U4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1484010 | PA      | $1287581.21    | 0.02%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.85000 08/05/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-19096.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2010-135                                               | FANNIE MAE FNR 2010 135 LF                              | CUSIP: 31398SD83<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       6585 | PA      | $6547.23       | 0.00%             | 2040-12-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT KRW SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $572.54        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QD8806 FR 03/52 FIXED 3               | CUSIP: 3133B6YB0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3448106 | PA      | $2992827.98    | 0.05%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2023-1A                 | SFS AUTO RECEIVABLES SECURITIZ SFAST 2023 1A A3 144A    | CUSIP: 78398AAD5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1878239 | PA      | $1891040.06    | 0.03%             | 2028-10-20      | Fixed         | 5.47%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF6790 FR 01/53 FIXED 5               | CUSIP: 3133BURK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1320571 | PA      | $1301302.36    | 0.02%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9FTA7 PIMCO SWAPTION 4.05 PUT USD 20250630          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3600000 | NC      | $-0.36         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9JSA0 PIMCO SWAPTION 4.122 PUT USD 2025071          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2500000 | NC      | $-70.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                 | NATWEST GROUP PLC NATWEST GROUP PLC                     | CUSIP: 639057AL2<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    2800000 | PA      | $2851152.11    | 0.04%             | 2028-03-01      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.52000 03/27/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-9821.14      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-14851.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT PLN SOLD USD 20250710                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $58045.42      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 945766 FN 09/37 FIXED 6.5                     | CUSIP: 31413HFF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      22043 | PA      | $23071.80      | 0.00%             | 2037-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                                         | ONEOK INC                                               | CUSIP: 68269EUE0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |     350000 | PA      | $349357.23     | 0.01%             | 2025-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC 07/25 ZCP                  | CUSIP: 01626UUA1<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    3800000 | PA      | $3795076.72    | 0.06%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CA0860 FN 12/47 FIXED 3.5                     | CUSIP: 3140Q75W3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   31502437 | PA      | $28669004.57   | 0.44%             | 2047-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOUTH AFRICA EM SP BOA                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $148046.88     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ARM 2003-1                                           | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 1 6A1         | CUSIP: 07384MTN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     101984 | PA      | $102947.47     | 0.00%             | 2033-04-25      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008927 G2 07/26 FLOATING VAR               | CUSIP: 36202K4L6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        293 | PA      | $294.60        | 0.00%             | 2026-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2001-29                                                | FANNIE MAE FNR 2001 29 Z                                | CUSIP: 313920GP9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     141210 | PA      | $144781.37     | 0.00%             | 2031-07-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BX6179 FN 02/53 FIXED 5                       | CUSIP: 3140NA2M4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    6566488 | PA      | $6466430.26    | 0.10%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080569 G2 01/32 FLOATING VAR               | CUSIP: 36225CT30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      86765 | PA      | $87982.15      | 0.00%             | 2032-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BY0234 FN 04/53 FIXED 5                       | CUSIP: 3140NGHL7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1182533 | PA      | $1166498.41    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1G1744 FH 08/35 FLOATING VAR          | CUSIP: 3128QJ5D4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     170969 | PA      | $173923.50     | 0.00%             | 2035-08-01      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| FLATIRON CLO LTD 2019-1A                                          | FLATIRON CLO LTD FLAT 2019 1A AR2 144A                  | CUSIP: 33883JAW1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |     915508 | PA      | $917411.82     | 0.01%             | 2034-11-16      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QG0977 FR 04/53 FIXED 5               | CUSIP: 3133C1CN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1080463 | PA      | $1061932.76    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $181396.90     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT NZD SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $13246.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2005-4                                   | BEAR STEARNS ALT A TRUST BALTA 2005 4 23A2              | CUSIP: 07386HSZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      14068 | PA      | $13470.87      | 0.00%             | 2035-05-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2003-8                | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 8 2A1         | CUSIP: 07384MZS4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       4056 | PA      | $3896.93       | 0.00%             | 2034-01-25      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2012-146                                        | FANNIE MAE FNR 2012 146 QA                              | CUSIP: 3136ABFP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     234532 | PA      | $200940.67     | 0.00%             | 2043-01-25      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| VENDEE MORTGAGE TRUST 1999-2                                      | VENDEE MORTGAGE TRUST VENDE 1999 2 1Z                   | CUSIP: 911760MV5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1600899 | PA      | $1630630.70    | 0.03%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                           | GOLDMAN SACHS GROUP INC SR UNSECURED 08/26 VAR          | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   25300000 | PA      | $25335778.25   | 0.39%             | 2026-08-10      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT KRW SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $3853.44       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $40.60         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-8020.42      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SEASONED LOANS STRUCTURED TRANSACTION TRUST SERIES 2023-1         | FREDDIE MAC   SLST SLST 2023 1 A11 144A                 | CUSIP: 35564CNN3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    4427588 | PA      | $4412015.94    | 0.07%             | 2033-10-25      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 817229 FN 06/35 FLOATING VAR                  | CUSIP: 31406Q4N4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      75322 | PA      | $76611.67      | 0.00%             | 2035-06-01      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TSY INFL IX N/B 07/25 0.375                             | CUSIP: 912828XL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   22926740 | PA      | $22916006.81   | 0.35%             | 2025-07-15      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-11404.29     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9LLA2 PIMCO SWAPTION 4.095 PUT USD 2025071          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2200000 | NC      | $-462.66       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| READYCAP COMMERCIAL MORTGAGE TRUST 2021-FL7                       | READYCAP COMMERCIAL MORTGAGE T RCMT 2021 FL7 A 144A     | CUSIP: 75575WAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     600269 | PA      | $600204.49     | 0.01%             | 2036-11-25      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QD9433 FR 03/52 FIXED 3               | CUSIP: 3133B7PS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5146299 | PA      | $4462805.82    | 0.07%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAXON ASSET SECURITIES TRUST 2004-1                               | SAXON ASSET SECURITIES TRUST SAST 2004 1 M1             | CUSIP: 805564PN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     190221 | PA      | $168682.50     | 0.00%             | 2035-03-25      | Floating      | 5.23%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCE US INC                                         | STELLANTIS FIN US INC COMPANY GUAR 144A 03/28 5.35      | CUSIP: 85855CAM2<br>LEI: 549300QZ0AI8Q7LNON33 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $2017048.28    | 0.03%             | 2028-03-17      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORPORATION                                   | TOYOTA MOTOR CREDIT CORP TOYOTA MOTOR CREDIT CORP       | CUSIP: 89236TMJ1<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |    4900000 | PA      | $4918304.69    | 0.08%             | 2026-08-07      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| CARLYLE EURO CLO 2019-2 DAC 19-2A                                 | CARLYLE EURO CLO CGMSE 2019 2A A1R 144A                 | CUSIP: ACI1ZPM05<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    8567185 | PA      | $10048642.95   | 0.15%             | 2032-08-15      | Floating      | 3.03%                 | No            |                  2 | On Loan: No      |
| GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2024-2         | GM FINANCIAL CONSUMER AUTOMOBI GMCAR 2024 2 A2B         | CUSIP: 379931AC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    4103581 | PA      | $4103353.87    | 0.06%             | 2027-03-16      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS4264 FN 03/53 FIXED VAR                     | CUSIP: 3140XKW22<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1196468 | PA      | $1178515.74    | 0.02%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 323115 FN 11/27 FLOATING VAR                  | CUSIP: 31374S3Y5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1860 | PA      | $1863.18       | 0.00%             | 2027-11-01      | Floating      | 7.22%                 | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ALTERNATIVE LN TR 2006-14CB                           | COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2006 14CB A2       | CUSIP: 021468AB9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     329874 | PA      | $136428.53     | 0.00%             | 2036-06-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| FOOTBALL CLUB TERM NOTES 2024-XVII TRUST                          | NATIONAL FOOTBAL LEAGUE 4.5YR                           | CUSIP: 902EYJ902<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1221159.77    | 0.02%             | 2028-10-05      | Fixed         | 5.48%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-77.19        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| COUNTRYWIDE ASSET-BACKED CERT 2004-4                              | COUNTRYWIDE ASSET BACKED CERTI CWL 2004 4 M1            | CUSIP: 1266715K8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     171469 | PA      | $178471.07     | 0.00%             | 2034-07-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H23                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H23 JF          | CUSIP: 38383KFR8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4357914 | PA      | $4402437.17    | 0.07%             | 2073-09-20      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | CDX IG44 5Y ICE                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $53887.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.73910 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-89862.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-3332407.55   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES CLO LTD 2016-3A                  | CARLYLE GLOBAL MARKET STRATEGI CGMS 2016 3A ARRR        | CUSIP: 14311UBA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2800000 | PA      | $2803229.02    | 0.04%             | 2034-07-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| CARLYLE GLOBAL MARKET STRATEGIES EURO CLO 2014-2 LTD 14-2A        | CARLYLE GLOBAL MARKET STRATEGI CGMSE 2014 2A AR1 144A   | CUSIP: ACI1XGH29<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     125928 | PA      | $148442.51     | 0.00%             | 2031-11-15      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                  | ABN AMRO BANK NV 144A 01/27 4.718                       | CUSIP: 00084DBG4<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |   17900000 | PA      | $18065712.47   | 0.28%             | 2027-01-22      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| JONES LANG LASALLE FINANCE BV                                     | JONES LANG LASALLE FIN BV 4/A2 07/25 ZCP                | CUSIP: 48002AUG7<br>LEI: 7245008JNMAJF7J71W93 | Long             | DBT              | CORP              | NL        |    1050000 | PA      | $1047847.50    | 0.02%             | 2025-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2007-A1                                  | JP MORGAN MORTGAGE TRUST JPMMT 2007 A1 4A2              | CUSIP: 46630GAN5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       9758 | PA      | $9809.20       | 0.00%             | 2035-07-25      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                | BMW US CAPITAL LLC COMPANY GUAR 144A 08/28 5.05         | CUSIP: 05565ECE3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |    9996000 | PA      | $10184775.16   | 0.16%             | 2028-08-11      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $10446.75      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-75.47        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-9361.66      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL Q46244 FG 02/47 FIXED 3.5             | CUSIP: 3132WK5E4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     668606 | PA      | $617843.74     | 0.01%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                              | JPMORGAN CHASE + CO SR UNSECURED 09/27 VAR              | CUSIP: 46647PCQ7<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   19100000 | PA      | $19150180.67   | 0.29%             | 2027-09-22      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA ALTERNATIVE LOAN TRUST 2003-8                     | BANC OF AMERICA ALTERNATIVE LO BOAA 2003 8 1CB1         | CUSIP: 05948XTV3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1567998 | PA      | $1580350.36    | 0.02%             | 2033-10-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BL3670 FN 10/26 FIXED 2.08                    | CUSIP: 3140HVCG7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3780000 | PA      | $3676629.29    | 0.06%             | 2026-10-01      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS6793 FN 06/53 FIXED VAR                     | CUSIP: 3140XNRP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     481091 | PA      | $447831.76     | 0.01%             | 2053-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008781 G2 01/26 FLOATING VAR               | CUSIP: 36202KXJ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        309 | PA      | $308.59        | 0.00%             | 2026-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QE8561 FR 08/52 FIXED 5               | CUSIP: 3133BJQN5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     247597 | PA      | $244267.81     | 0.00%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.52000 04/09/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $7425.81       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC 07/25 ZCP                  | CUSIP: 01626UUV5<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    4450000 | PA      | $4433200.36    | 0.07%             | 2025-07-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2004-37                                                | FANNIE MAE FNR 2004 37 FB                               | CUSIP: 31393YM51<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      31664 | PA      | $31094.70      | 0.00%             | 2034-06-25      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| VENTURE XXVII CLO LTD 2017-27A                                    | VENTURE CDO LTD VENTR 2017 27A AR 144A                  | CUSIP: 92331LBC3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1786649 | PA      | $1783497.88    | 0.03%             | 2030-07-20      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT KRW SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $45848.29      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2019-H15                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2019 H15 LF          | CUSIP: 38380LC84<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   13811271 | PA      | $13846481.00   | 0.21%             | 2069-08-20      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| APIDOS CLO XV 2013-15A                                            | APIDOS CLO LTD APID 2013 15A A1RR 144A                  | CUSIP: 03764QBC5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1223139 | PA      | $1224496.13    | 0.02%             | 2031-04-20      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2002-60                                                | FANNIE MAE FNR 2002 60 F1                               | CUSIP: 31392EVN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2736 | PA      | $2729.49       | 0.00%             | 2032-06-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.40000 02/12/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $15233.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BW8088 FN 09/52 FIXED 5                       | CUSIP: 3140N07A7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     228698 | PA      | $225348.90     | 0.00%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9FOA2 PIMCO SWAPTION 4.077 PUT USD 2025063          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1900000 | NC      | $-0.19         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HCA INC                                                           | HCA INC DISC COML PAPER 4/A2 Y 08/25 ZCP                | CUSIP: 40412BVF7<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |     850000 | PA      | $844662.94     | 0.01%             | 2025-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $1292.69       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CA0541 FN 10/47 FIXED 3.5                     | CUSIP: 3140Q7S73<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   38154847 | PA      | $34732940.29   | 0.53%             | 2047-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 31750QN05 PIMCO CDSOPT PUT USD 0.85 20250716            | CUSIP: OP0043Z50<br>LEI: N/A                  | N/A              | DCR              |  | US        |   -4800000 | NC      | $-344.26       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VOYA CLO 2017-3A                                                  | VOYA CLO LTD VOYA 2017 3A A1RR 144A                     | CUSIP: 92915QBG7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2300000 | PA      | $2291411.92    | 0.04%             | 2034-04-20      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| COMM 2021-2400 MORTGAGE TRUST                                     | COMM MORTGAGE TRUST COMM 2021 2400 A 144A               | CUSIP: 20048FAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19378759 | PA      | $19141254.94   | 0.29%             | 2038-12-15      | Floating      | 5.73%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.52500 09/04/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $3612.67       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 929838 FN 08/38 FIXED 6                       | CUSIP: 31412NBF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2287 | PA      | $2391.80       | 0.00%             | 2038-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 902067 FN 12/36 FIXED 6                       | CUSIP: 31411AFG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2284 | PA      | $2342.98       | 0.00%             | 2036-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT NOK SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |          1 | NC      | $-76.00        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080059 G2 04/27 FLOATING VAR               | CUSIP: 36225CB54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        175 | PA      | $174.87        | 0.00%             | 2027-04-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008947 G2 08/26 FLOATING VAR               | CUSIP: 36202K5G6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1177 | PA      | $1180.57       | 0.00%             | 2026-08-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| BRAZIL GOVT                                                       | LETRA TESOURO NACIONAL BILLS 04/26 0.00000              | CUSIP: ACI2MFC91<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   52000000 | PA      | $8621487.35    | 0.13%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ILS SOLD USD 20250718                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $25811.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.69100 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-135853.54    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-14                                                | FANNIE MAE FNR 2007 14 F                                | CUSIP: 31396PZS3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      13968 | PA      | $13759.75      | 0.00%             | 2037-03-25      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD MXN BOUGHT USD 20250917                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | MX        |          1 | NC      | $-12844.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIEMAE WHOLE LOAN 2003-W1                                      | FANNIEMAE WHOLE LOAN FNW 2003 W1 1A1                    | CUSIP: 31392GVX0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     478669 | PA      | $479291.58     | 0.01%             | 2042-12-25      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF7609 FR 01/53 FIXED 5               | CUSIP: 3133BVN27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1064574 | PA      | $1046316.25    | 0.02%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-150.26       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-20                                                | FANNIE MAE FNR 2007 20 FP                               | CUSIP: 31396PZ95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     323592 | PA      | $319000.27     | 0.00%             | 2037-03-25      | Floating      | 4.72%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3181                                                  | FREDDIE MAC FHR 3181 PS                                 | CUSIP: 31396URJ1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     653769 | PA      | $65623.59      | 0.00%             | 2036-07-15      | Floating      | 2.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD SGD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-39.44        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD NZD BOUGHT USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NZ        |          1 | NC      | $-40082.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | EURO-BOBL OPTION  AUG25C 118.5 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -14 | NC      | $-1814.04      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2025-2 DAC 25-2A              | PALMER SQUARE EUROPEAN LOAN FU PSTET 2025 2A A 144A     | CUSIP: ACI2X1Q61<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    2200000 | PA      | $2592450.28    | 0.04%             | 2035-02-15      | Floating      | 3.20%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                              | GENERAL MOTORS FINL CO SR UNSECURED 04/28 5.05          | CUSIP: 37045XFE1<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    1550000 | PA      | $1562131.82    | 0.02%             | 2028-04-04      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-4526.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2461                                                  | FREDDIE MAC FHR 2461 Z                                  | CUSIP: 31392MK43<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     129064 | PA      | $134930.96     | 0.00%             | 2032-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2395                                                  | FREDDIE MAC FHR 2395 FT                                 | CUSIP: 31339LMA5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      11431 | PA      | $11404.78      | 0.00%             | 2031-12-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2022-3 LTD                                | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2022 3A A1R 144A     | CUSIP: 05684NAL5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    1700000 | PA      | $1701275.00    | 0.03%             | 2035-07-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-457.79       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD 2021-FL4                       | TPG REAL ESTATE FINANCE TRTX 2021 FL4 A 144A            | CUSIP: 87276WAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    8765807 | PA      | $8756807.50    | 0.13%             | 2038-03-15      | Floating      | 5.63%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 256713 FN 05/27 FIXED 5                       | CUSIP: 31371NDS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4721 | PA      | $4718.85       | 0.00%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINANCIAL COMPANY INC                              | GENERAL MOTORS FINL CO SR UNSECURED 04/28 2.4           | CUSIP: 37045XDH6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |     350000 | PA      | $329373.09     | 0.01%             | 2028-04-10      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS  STRUC PROD INC 2007-R6                              | BEAR STEARNS STRUCTURED PRODUC BSSP 2007 R6 1A1         | CUSIP: 07402FAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1253346 | PA      | $892560.11     | 0.01%             | 2036-01-26      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| SFO COMMERCIAL MORTGAGE TRUST 2021-555                            | SFO COMMERICAL MORTGAGE TRUST SFO 2021 555 A 144A       | CUSIP: 78432WAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3500000 | PA      | $3486554.05    | 0.05%             | 2038-05-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9MQA5 PIMCO SWAPTION 3.583 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1500000 | NC      | $-6153.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4224                                           | FREDDIE MAC FHR 4224 FB                                 | CUSIP: 3137B3C48<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3381268 | PA      | $3326667.51    | 0.05%             | 2043-07-15      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA2724 FN 08/46 FIXED 4.5                     | CUSIP: 31418CA20<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7433 | PA      | $7264.53       | 0.00%             | 2046-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2014-131                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2014 131 BW          | CUSIP: 38379E2W1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     118573 | PA      | $117260.78     | 0.00%             | 2041-05-20      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP GST                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-4555.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.61000 03/24/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $4743.88       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BARCLAYS BANK PLC SNR SE ICE                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | GB        |          1 | NC      | $17611.20      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TELUS CORPORATION                                                 | TELUS CORP                                              | CUSIP: 87974PW41<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | DBT              | CORP              | CA        |    1200000 | PA      | $1189877.76    | 0.02%             | 2025-09-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AB3000 FN 05/31 FIXED 4.5                     | CUSIP: 31416YKN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      24521 | PA      | $24647.25      | 0.00%             | 2031-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ARM TRUST 2002-11                                    | BEAR STEARNS ADJUSTABLE RATE M BSARM 2002 11 1A1        | CUSIP: 07384MSH6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       1672 | PA      | $1740.73       | 0.00%             | 2033-02-25      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT GBP SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $50085.07      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF0706 FR 09/52 FIXED 5               | CUSIP: 3133BMYB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     613226 | PA      | $603862.30     | 0.01%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-29404.07     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $1946.92       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD JPY BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-88.28        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                           | MERCEDES BENZ FIN NA COMPANY GUAR 144A 03/28 4.75       | CUSIP: 58769JBE6<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   11850000 | PA      | $11950468.45   | 0.18%             | 2028-03-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2008-12                                                | FANNIE MAE FNR 2008 12 FA                               | CUSIP: 31396YMD1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      14924 | PA      | $14912.55      | 0.00%             | 2038-03-25      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $2569.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BAIN CAPITAL CREDIT CLO 2019-4 LTD                                | BAIN CAPITAL CREDIT CLO, LIMIT BCC 2019 4A A1RR 144A    | CUSIP: 05684AAY5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    2100000 | PA      | $2093697.90    | 0.03%             | 2035-04-23      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST-2005-A6                                  | JP MORGAN MORTGAGE TRUST JPMMT 2005 A6 7A1              | CUSIP: 466247UG6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     772903 | PA      | $685130.66     | 0.01%             | 2035-08-25      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 548027 FN 08/30 FIXED 8                       | CUSIP: 31385NYY9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         45 | PA      | $45.15         | 0.00%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                               | NEXTERA ENERGY CAPITAL COMPANY GUAR 02/28 VAR           | CUSIP: 65339KDH0<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    5750000 | PA      | $5780167.72    | 0.09%             | 2028-02-04      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 992144 FN 10/38 FIXED 6                       | CUSIP: 31415XER8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      11825 | PA      | $12211.53      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2022-H24                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H24 BF          | CUSIP: 38382YC27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   87040757 | PA      | $88663719.26   | 1.36%             | 2072-11-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2174                                                  | FREDDIE MAC FHR 2174 PN                                 | CUSIP: 3133TLMU9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7198 | PA      | $7276.79       | 0.00%             | 2029-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BD2723 FN 08/46 FIXED 4.5                     | CUSIP: 3140FAAZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      82464 | PA      | $80102.15      | 0.00%             | 2046-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONE MARKET PLAZA TRUST 2017-1MKT                                  | ONE MARKET PLAZA TRUST OMPT 2017 1MKT A 144A            | CUSIP: 68245HAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6281851 | PA      | $6008168.08    | 0.09%             | 2032-02-10      | Fixed         | 3.61%                 | No            |                  2 | On Loan: No      |
| JONES LANG LASALLE FINANCE BV                                     | JONES LANG LASALLE FIN BV 4/A2 07/25 ZCP                | CUSIP: 48002AU93<br>LEI: 7245008JNMAJF7J71W93 | Long             | DBT              | CORP              | NL        |    4800000 | PA      | $4794490.56    | 0.07%             | 2025-07-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT EUR SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $1040086.88    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 15 YR 4.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F042475<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      50000 | PA      | $49689.00      | 0.00%             | 2039-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJ RATE MTGE TR 2005-6                              | BEAR STEARNS ADJUSTABLE RATE M BSARM 2005 6 1A1         | CUSIP: 07387ADG7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     399195 | PA      | $347414.16     | 0.01%             | 2035-08-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2012-84                                         | FANNIE MAE FNR 2012 84 SJ                               | CUSIP: 3136A7P48<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     807552 | PA      | $115458.84     | 0.00%             | 2042-01-25      | Floating      | 2.23%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $10880.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BW7013 FN 08/52 FIXED 5                       | CUSIP: 3140MYYK2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1890897 | PA      | $1863599.73    | 0.03%             | 2052-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TREASURY BILL 10/25 0.00000                             | CUSIP: 912797RB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     334000 | PA      | $330182.97     | 0.01%             | 2025-10-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8288 FR 01/53 FIXED 5               | CUSIP: 3132DWF57<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      23196 | PA      | $22855.28      | 0.00%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORPORATION (FREDDIE MAC)              | FREDDIE MAC NOTES 08/25 0.68                            | CUSIP: 3134GWJN7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   32300000 | PA      | $32176399.21   | 0.49%             | 2025-08-06      | Fixed         | 0.68%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2005-D                               | BANC OF AMERICA FUNDING CORPOR BAFC 2005 D A1           | CUSIP: 06051GDM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      44511 | PA      | $41547.44      | 0.00%             | 2035-05-25      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RVPO STATE STREET GLOBAL MARKE USD RVPO FICC SSGM       | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |    3000000 | PA      | $3000000.00    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| DROP MORTGAGE TRUST 2021-FILE                                     | DROP MORTGAGE TRUST 2021 FILE DROP 2021 FILE A 144A     | CUSIP: 26210YAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   23100000 | PA      | $22438138.80   | 0.34%             | 2043-10-15      | Floating      | 5.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-2446.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-201.60       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F030686<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -322000000 | PA      | $-278600408.52 | -4.28%            | 2055-08-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1G1727 FH 07/35 FLOATING VAR          | CUSIP: 3128QJ4L7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2034 | PA      | $2081.17       | 0.00%             | 2035-07-01      | Floating      | 6.89%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $384.45        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1J1219 FH 10/35 FLOATING VAR          | CUSIP: 3128NHK85<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     121619 | PA      | $124426.60     | 0.00%             | 2035-10-01      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC                                     | INTERCONTINENTAL EXCHANGE                               | CUSIP: 45856WU23<br>LEI: 5493000F4ZO33MV32P92 | Long             | DBT              | CORP              | US        |     300000 | PA      | $299923.50     | 0.00%             | 2025-07-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                                                 | EVERSOURCE ENERGY SR UNSECURED 08/25 0.8                | CUSIP: 30040WAJ7<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |    2300000 | PA      | $2288176.78    | 0.04%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 992141 FN 10/38 FIXED 6                       | CUSIP: 31415XEN7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      14924 | PA      | $15653.84      | 0.00%             | 2038-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $2430.59       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT DKK SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |          1 | NC      | $17457.77      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2006-118                                               | FANNIE MAE FNR 2006 118 A1                              | CUSIP: 31396L4R8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     173015 | PA      | $169282.54     | 0.00%             | 2036-12-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-4.09         | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9GNA1 PIMCO SWAPTION 3.75 CALL USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3700000 | NC      | $-25187.38     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ZAR SOLD USD 20250723                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $11700.40      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008865 G2 05/26 FLOATING VAR               | CUSIP: 36202KZ65<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        328 | PA      | $327.56        | 0.00%             | 2026-05-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| RENAISSANCE HOME EQUITY LOAN TRUST 2002-2                         | RENAISSANCE HOME EQUITY LOAN T RAMC 2002 2 A            | CUSIP: 759950AG3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      39700 | PA      | $38065.63      | 0.00%             | 2032-08-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $317512.95     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2005-AR18                                       | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR18 1A1       | CUSIP: 92922F8K7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      58121 | PA      | $56069.04      | 0.00%             | 2036-01-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CA0694 FN 11/47 FIXED 3.5                     | CUSIP: 3140Q7XY8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   36222499 | PA      | $33015029.82   | 0.51%             | 2047-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-184860.83    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-142.69       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ADNOC MURBAN RSC LTD                                              | ADNOC MURBAN RSC LTD ADNOC MURBAN RSC LTD               | CUSIP: 00723L2A6<br>LEI: 213800OWGH7RAYG61M70 | Long             | DBT              | CORP              | AE        |   14700000 | PA      | $14641942.64   | 0.22%             | 2029-09-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-824076.76    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2005-AR6                                  | GSR MORTGAGE LOAN TRUST GSR 2005 AR6 4A5                | CUSIP: 362341SF7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      12108 | PA      | $10983.85      | 0.00%             | 2035-09-25      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $854.23        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 923913 FN 02/37 FIXED 6.5                     | CUSIP: 31412FN66<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7226 | PA      | $7523.92       | 0.00%             | 2037-02-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                       | PIMCO PRV SHORT TERM FLT III MUTUAL FUND                | CUSIP: 000000000<br>LEI: LWVQWTQCFH3YG7CVH718 | Long             | STIV             | RF                | US        |   13173032 | PA      | $128265814.56  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| FREDDIE MAC 2826                                                  | FREDDIE MAC FHR 2826 YT                                 | CUSIP: 31395CZM6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     197249 | PA      | $198648.18     | 0.00%             | 2034-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 900883 FN 01/37 FIXED 6                       | CUSIP: 31410X2Q8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       6537 | PA      | $6805.98       | 0.00%             | 2037-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC                                               | DOMINION RESOURCES 08/25 ZCP                            | CUSIP: 2574P0V19<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    1850000 | PA      | $1842444.97    | 0.03%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                              | ROYAL BANK OF CANADA SR UNSECURED 08/26 VAR             | CUSIP: 78017DAE8<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    4800000 | PA      | $4803785.18    | 0.07%             | 2026-08-03      | Floating      | 4.79%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 828982 FN 08/35 FLOATING VAR                  | CUSIP: 31407E6T5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     484656 | PA      | $493976.82     | 0.01%             | 2035-08-01      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| COMMONSPIRIT HEALTH                                               | COMMONSPIRIT HEALTH SR SECURED 10/25 1.547              | CUSIP: 20268JAE3<br>LEI: 4SXHN5XW08IBO0UG2V58 | Long             | DBT              | CORP              | US        |   15500000 | PA      | $15375697.13   | 0.24%             | 2025-10-01      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9EIA2 PIMCO SWAPTION 4.127 PUT USD 2025063          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -6000000 | NC      | $-0.60         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2005-5                               | BANC OF AMERICA FUNDING CORPOR BAFC 2005 5 1A11         | CUSIP: 05946XE58<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     157609 | PA      | $159226.59     | 0.00%             | 2035-09-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9FUA5 PIMCO SWAPTION 3.7 CALL USD 20250630          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3600000 | NC      | $-4516.56      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-3052.53      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL V83093 FG 04/47 FIXED 3.5             | CUSIP: 3132L8NJ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3547945 | PA      | $3277099.10    | 0.05%             | 2047-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-5.98         | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ATHENE GLOBAL FUNDING                                             | ATHENE GLOBAL FUNDING SECURED REGS 02/27 VAR            | CUSIP: ACI2MZXR4<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |    8200000 | PA      | $9708177.10    | 0.15%             | 2027-02-23      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BK8702 FN 07/48 FIXED 4                       | CUSIP: 3140HNU42<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1285964 | PA      | $1216699.57    | 0.02%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                           | HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 08/25 VAR     | CUSIP: 44891ACL9<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |    7500000 | PA      | $7503604.50    | 0.12%             | 2025-08-04      | Floating      | 5.48%                 | No            |                  2 | On Loan: No      |
| THORNBURG MORTGAGE SEC TRUST 2005-4                               | THORNBURG MORTGAGE SECURITIES TMST 2005 4 A1            | CUSIP: 885220JN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     386898 | PA      | $343327.21     | 0.01%             | 2045-12-25      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC 07/25 ZCP                  | CUSIP: 01626UU94<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    3435000 | PA      | $3430997.19    | 0.05%             | 2025-07-09      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735861 FN 09/33 FIXED VAR                     | CUSIP: 31402RQN2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12458 | PA      | $12806.36      | 0.00%             | 2033-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735813 FN 07/35 FLOATING VAR                  | CUSIP: 31402RN62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      55528 | PA      | $56596.11      | 0.00%             | 2035-07-01      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| JABIL INC                                                         | JABIL INC                                               | CUSIP: 46652LU21<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1049702.33    | 0.02%             | 2025-07-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2020-MKST  | JP MORGAN CHASE COMMERCIAL MOR JPMCC 2020 MKST A 144A   | CUSIP: 46652DAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    7000000 | PA      | $4392500.00    | 0.07%             | 2036-12-15      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  565500000 | PA      | $565499999.96  | 8.68%             |  |  |  | No            |                  2 | On Loan: No      |
| AMMC CLO 24 LTD                                                   | AMERICAN MONEY MANAGEMENT CORP AMMC 2021 24A AR 144A    | CUSIP: 00177LAJ9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1300000 | PA      | $1300474.38    | 0.02%             | 2035-01-20      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $125053.61     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 257203 FN 05/28 FIXED 5                       | CUSIP: 31371NU45<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2123 | PA      | $2131.49       | 0.00%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-18.50        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BL1942 FN 03/26 FIXED 3.15                    | CUSIP: 3140HTEQ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   11350000 | PA      | $11231972.60   | 0.17%             | 2026-03-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 060680 FN 02/28 FLOATING VAR                  | CUSIP: 31362GM57<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        103 | PA      | $102.43        | 0.00%             | 2028-02-01      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-1384236.53   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| 1211 AVENUE OF THE AMERICAS TRUST 2015-1211                       | 1211 AVENUE OF THE AMERICAS TR AOTA 2015 1211 A1A2 144A | CUSIP: 90117PAC9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6950000 | PA      | $6670981.83    | 0.10%             | 2035-08-10      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| COMM 2019-521F MORTGAGE TRUST                                     | COMM MORTGAGE TRUST COMM 2019 521F A 144A               | CUSIP: 20048GAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3400000 | PA      | $3251037.50    | 0.05%             | 2034-06-15      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2002-AR6                                        | WAMU MORTGAGE PASS THROUGH CER WAMU 2002 AR6 A          | CUSIP: 929227QB5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     129281 | PA      | $120796.11     | 0.00%             | 2042-06-25      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-376010.30    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-90                                         | FANNIE MAE FNR 2024 90 FA                               | CUSIP: 3136BTXB4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   17927528 | PA      | $18073416.82   | 0.28%             | 2054-12-25      | Floating      | 5.81%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4061                                           | FREDDIE MAC FHR 4061 FA                                 | CUSIP: 3137ARBZ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4166448 | PA      | $4116861.00    | 0.06%             | 2042-06-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| FIRST HORIZON ALT MTGE SEC 2004-AA3                               | FIRST HORIZON ALTERNATIVE MORT FHAMS 2004 AA3 A1        | CUSIP: 32051D6B3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      16165 | PA      | $16480.74      | 0.00%             | 2034-09-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL HOLDINGS INC                               | NEXTERA ENERGY CAP HLDGS INC                            | CUSIP: 65339MUU8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |    6700000 | PA      | $6676021.37    | 0.10%             | 2025-07-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED PASS THRU SEC T-35                               | FHLMC STRUCTURED PASS THROUGH FSPC T 35 A               | CUSIP: 313398VT3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     335546 | PA      | $333719.78     | 0.01%             | 2031-09-25      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT BRL SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $4417358.29    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| ATRIUM HOTEL PORTFOLIO TRUST 2017-ATRM                            | ATRIUM HOTEL PORTFOLIO TRUST AHPT 2017 ATRM A 144A      | CUSIP: 04965JAA1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    8765976 | PA      | $8574417.59    | 0.13%             | 2036-12-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET INVST LN TR 2004-8                               | STRUCTURED ASSET INVESTMENT LO SAIL 2004 8 M1           | CUSIP: 86358ELZ7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      74171 | PA      | $71204.46      | 0.00%             | 2034-09-25      | Floating      | 5.33%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 670337 FN 09/32 FLOATING VAR                  | CUSIP: 31391LV69<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      94595 | PA      | $96355.58      | 0.00%             | 2032-09-01      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP BPS                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-8338.12      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| THORNBURG MORTGAGE SEC TRUST 2005-3                               | THORNBURG MORTGAGE SECURITIES TMST 2005 3 A1            | CUSIP: 885220HZ9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     584625 | PA      | $616561.75     | 0.01%             | 2045-10-25      | Floating      | 7.31%                 | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2005-AR6                                  | GSR MORTGAGE LOAN TRUST GSR 2005 AR6 2A1                | CUSIP: 362341RX9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     131072 | PA      | $126055.16     | 0.00%             | 2035-09-25      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735207 FN 04/34 FIXED VAR                     | CUSIP: 31402QYC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5654 | PA      | $5854.76       | 0.00%             | 2034-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9LFA9 PIMCO SWAPTION 2.46 CALL EUR 2025071          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1000000 | NC      | $-1117.17      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $21473.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.42000 03/07/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-45170.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CANYON CAPITAL CLO 2019-2 LTD                                     | CANYON CAPITAL CLO LTD CANYC 2019 2A AR2 144A           | CUSIP: 13887WAS9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1000000 | PA      | $1001153.90    | 0.02%             | 2034-10-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.28000 09/16/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $38919.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-311630.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F040685<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   93940000 | PA      | $87342206.77   | 1.34%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                       | CITIBANK NA CITIBANK NA                                 | CUSIP: 17325FBF4<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   14050000 | PA      | $14161999.01   | 0.22%             | 2026-04-30      | Fixed         | 5.44%                 | No            |                  2 | On Loan: No      |
| ABN AMRO MORTGAGE GROUP 2003-13                                   | ABN AMRO MORTGAGE CORP AMAC 2003 13 A3                  | CUSIP: 000780NZ5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      14086 | PA      | $14285.48      | 0.00%             | 2034-01-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | EQUINIX INC SNR S* SP GST                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $945052.01     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-18                                         | FANNIE MAE FNR 2025 18 FA                               | CUSIP: 3136BU7K0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3068982 | PA      | $3074338.25    | 0.05%             | 2053-11-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008943 G2 08/26 FLOATING VAR               | CUSIP: 36202K5C5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        969 | PA      | $965.71        | 0.00%             | 2026-08-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QG0558 FR 04/53 FIXED 5               | CUSIP: 3133C0TP7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1421987 | PA      | $1402703.46    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TR 2005-3                                      | BEAR STEARNS ALT A TRUST BALTA 2005 3 4A3               | CUSIP: 07386HSN2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     721609 | PA      | $705290.80     | 0.01%             | 2035-04-25      | Floating      | 4.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-193.50       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735754 FN 07/35 FLOATING VAR                  | CUSIP: 31402RMB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100314 | PA      | $101285.27     | 0.00%             | 2035-07-01      | Floating      | 6.34%                 | No            |                  2 | On Loan: No      |
| NYO COMMERCIAL MORTGAGE TRUST 2021-1290                           | NYO COMMERCIAL MORTGAGE TRUST NYO 2021 1290 A 144A      | CUSIP: 62955HAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    4700000 | PA      | $4693800.23    | 0.07%             | 2038-11-15      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9L6A9 PIMCO SWAPTION 3.664 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | KY        |   -3700000 | NC      | $-17631.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.50000 12/18/24-1Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $787290.02     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.87400 03/05/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-83891.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | US TREASURY N/B 01/26 3.875                             | CUSIP: 91282CGE5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  149500000 | PA      | $149306404.98  | 2.29%             | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BW9008 FN 10/52 FIXED 5                       | CUSIP: 3140N2AJ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     413450 | PA      | $407027.56     | 0.01%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 797807 FN 04/35 FIXED 5                       | CUSIP: 31405SKU7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       3205 | PA      | $3250.52       | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 895323 FN 09/36 FIXED 6                       | CUSIP: 31410RVQ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1557 | PA      | $1592.77       | 0.00%             | 2036-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-17.49        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H05                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H05 JF          | CUSIP: 38382YV26<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9426705 | PA      | $9395110.77    | 0.14%             | 2072-04-20      | Floating      | 5.10%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL DB8490 FN 07/54 FIXED 5                       | CUSIP: 3140AJNG9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     491211 | PA      | $483992.94     | 0.01%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SECURITIZED ASSET BACKED RECEIVABLES LLC 2007-BR5                 | SECURITIZED ASSET BACKED RECEI SABR 2007 BR5 A2A        | CUSIP: 81379EAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     321236 | PA      | $245712.15     | 0.00%             | 2037-05-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XLVI LTD 2020-46A                            | MADISON PARK FUNDING LTD MDPK 2020 46A ARR 144A         | CUSIP: 55822AAW7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2100000 | PA      | $2102423.15    | 0.03%             | 2034-10-15      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AB0090 FN 03/29 FIXED 4.5                     | CUSIP: 31416VC44<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        581 | PA      | $579.24        | 0.00%             | 2029-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                                | MET LIFE GLOB FUNDING I SECURED 144A 08/25 4.05         | CUSIP: 59217GFC8<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   18000000 | PA      | $17984397.60   | 0.28%             | 2025-08-25      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE-2005-75                                                | FANNIE MAE FNR 2005 75 AF                               | CUSIP: 31394FAF2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      42851 | PA      | $42460.53      | 0.00%             | 2035-09-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-506.65       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB5405 FN 10/52 FIXED 4.5                     | CUSIP: 3140QRAF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4510948 | PA      | $4325666.80    | 0.07%             | 2052-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9JKA8 PIMCO SWAPTION 4.14 PUT USD 20250709          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3300000 | NC      | $-38.61        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BACARDI-MARTINI BV                                                | BACARDI MARTINI B V                                     | CUSIP: 05634EU34<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | US        |    1050000 | PA      | $1049581.58    | 0.02%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MF1 2022-FL9 LLC                                                  | MF1 MULTIFAMILY HOUSING MORTGA MF1 2022 FL9 A 144A      | CUSIP: 55285AAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   21231795 | PA      | $21246512.17   | 0.33%             | 2037-06-19      | Floating      | 6.47%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                           | GOLDMAN SACHS GROUP INC SR UNSECURED 04/28 VAR          | CUSIP: 38141GC77<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   11900000 | PA      | $11997363.66   | 0.18%             | 2028-04-23      | Floating      | 4.94%                 | No            |                  2 | On Loan: No      |
| BANQUE FEDERATIVE DU CREDIT MUTUEL (BFCM)                         | BANQUE FED CRED MUTUEL BANQUE FED CRED MUTUEL           | CUSIP: 06675DCM2<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |    5150000 | PA      | $5248061.05    | 0.08%             | 2028-02-16      | Fixed         | 5.19%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                            | CVS CORPORATION                                         | CUSIP: 12665JUF4<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    2300000 | PA      | $2295282.70    | 0.04%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3439                                                  | FREDDIE MAC FHR 3439 FN                                 | CUSIP: 31397TAL6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      16859 | PA      | $16652.02      | 0.00%             | 2037-02-15      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-2928.22      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-169796.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                              | JPMORGAN CHASE + CO SR UNSECURED 04/28 VAR              | CUSIP: 46647PEE2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2800000 | PA      | $2858561.02    | 0.04%             | 2028-04-22      | Floating      | 5.57%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0575 FN 11/30 FIXED 4.5                     | CUSIP: 31417YT98<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       7896 | PA      | $7927.12       | 0.00%             | 2030-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008913 G2 07/26 FLOATING VAR               | CUSIP: 36202K3W3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         92 | PA      | $92.29         | 0.00%             | 2026-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 813586 FN 03/35 FLOATING VAR                  | CUSIP: 31406L2T4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      42195 | PA      | $43308.13      | 0.00%             | 2035-03-01      | Floating      | 6.42%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080076 G2 05/27 FLOATING VAR               | CUSIP: 36225CCN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1956 | PA      | $1955.44       | 0.00%             | 2027-05-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 255459 FN 11/34 FIXED 6                       | CUSIP: 31371LWU9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2641 | PA      | $2756.59       | 0.00%             | 2034-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2018-H08                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H08 KF          | CUSIP: 38380LEB5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     216110 | PA      | $216009.76     | 0.00%             | 2068-05-20      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 3404                                                  | FREDDIE MAC FHR 3404 AF                                 | CUSIP: 31397PST8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1198352 | PA      | $1204170.34    | 0.02%             | 2038-01-15      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-84                                                | FANNIE MAE FNR 2007 84 FN                               | CUSIP: 31396XLZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      15989 | PA      | $15881.19      | 0.00%             | 2037-08-25      | Floating      | 4.92%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080493 G2 02/31 FLOATING VAR               | CUSIP: 36225CRP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2779 | PA      | $2795.37       | 0.00%             | 2031-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H21                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H21 FA          | CUSIP: 38383KEA6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   13276794 | PA      | $13375127.49   | 0.21%             | 2073-09-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 258338 FN 04/35 FIXED 5                       | CUSIP: 31371P4X5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      16154 | PA      | $16066.87      | 0.00%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.54666 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $24179.79      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2017-ASHF                          | MORGAN STANLEY CAPITAL I TRUST MSC 2017 ASHF A 144A     | CUSIP: 61691KAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    6194636 | PA      | $6101177.48    | 0.09%             | 2034-11-15      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BJ9169 FN 05/48 FIXED 4                       | CUSIP: 3140HBFK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        736 | PA      | $697.10        | 0.00%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP BPS                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-4555.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TIKEHAU CLO IX DAC 9A                                             | TIKEHAU CLO IX DAC TIKEH 9A AR 144A                     | CUSIP: ACI2S1SP3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    4900000 | PA      | $5772791.07    | 0.09%             | 2037-01-20      | Floating      | 3.46%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                             | WELLS FARGO + COMPANY WELLS FARGO + COMPANY             | CUSIP: 95000U3L5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    3400000 | PA      | $3474984.42    | 0.05%             | 2028-04-22      | Floating      | 5.71%                 | No            |                  2 | On Loan: No      |
| UWM-2021-INV4                                                     | UNITED WHOLESALE MORTGAGE LLC UWM 2021 INV4 A9 144A     | CUSIP: 918307AM1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   17579016 | PA      | $16421785.65   | 0.25%             | 2051-12-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2004-9                                   | BEAR STEARNS ALT A TRUST BALTA 2004 9 6A1               | CUSIP: 07386HLE9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      79321 | PA      | $78763.31      | 0.00%             | 2034-09-25      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL C65574 FG 04/32 FIXED 7               | CUSIP: 31287RFP9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2462 | PA      | $2600.20       | 0.00%             | 2032-04-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PIMCO FUNDS                                                       | PIMCO SHORT ASSET PORTFOLIO MUTUAL FUND                 | CUSIP: 000000000<br>LEI: 549300F9QJIJF2GM8419 | Long             | STIV             | RF                | US        |   75211874 | PA      | $736775517.68  | 11.31%            |  |  |  | No            |                  1 | On Loan: No      |
| FANNIE MAE REMICS 2012-114                                        | FANNIE MAE FNR 2012 114 SB                              | CUSIP: 3136A9LP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8034277 | PA      | $896166.53     | 0.01%             | 2042-10-25      | Floating      | 1.63%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U7HTA5 PIMCO SWAPTION 3.75 CALL USD 2025103          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  235400000 | NC      | $814460.46     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9N4A7 PIMCO SWAPTION 3.555 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3200000 | NC      | $-11542.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250703                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-31.53        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H27                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H27 FG          | CUSIP: 38376RJ98<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4116727 | PA      | $4155831.50    | 0.06%             | 2066-12-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $28.65         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-54880.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 256086 FN 12/25 FIXED 5                       | CUSIP: 31371MNB9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5073 | PA      | $5057.72       | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-2367529.54   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-B                           | SMB PRIVATE EDUCATION LOAN TRU SMB 2022 B A1A 144A      | CUSIP: 83206NAA5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11882161 | PA      | $11575225.84   | 0.18%             | 2055-02-16      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H22 FJ              | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H22 FA          | CUSIP: 38376RC95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     205877 | PA      | $206325.60     | 0.00%             | 2066-10-20      | Floating      | 5.22%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA2594 FN 03/46 FIXED 4.5                     | CUSIP: 31418B3C8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4122 | PA      | $4033.70       | 0.00%             | 2046-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-1253.21      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA2871 FN 01/32 FIXED 3                       | CUSIP: 31418CFM1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    6121539 | PA      | $5960999.63    | 0.09%             | 2032-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MID-STATE TRUST-11                                                | MID STATE TRUST MDST 11 A1                              | CUSIP: 59549WAA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      36439 | PA      | $36319.24      | 0.00%             | 2038-07-15      | Fixed         | 4.86%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD EUR BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-2303434.28   | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| JAMESTOWN CLO XVI LTD 2021-16A                                    | JAMESTOWN CLO LTD JTWN 2021 16A AR 144A                 | CUSIP: 47048RAL9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1200000 | PA      | $1196552.95    | 0.02%             | 2034-07-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2016-62                                         | FANNIE MAE FNR 2016 62 AF                               | CUSIP: 3136ATVF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2006285 | PA      | $1990422.75    | 0.03%             | 2046-09-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 255892 FN 09/25 FIXED 5                       | CUSIP: 31371MF93<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         47 | PA      | $47.11         | 0.00%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-68                                                | FANNIE MAE FNR 2007 68 FA                               | CUSIP: 31396WL20<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      77317 | PA      | $76167.91      | 0.00%             | 2037-07-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET MTGE INV 1999-1                                  | STRUCTURED ASSET MORTGAGE INVE SAMI 1999 1 2A           | CUSIP: 86358HGW3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      30702 | PA      | $29989.82      | 0.00%             | 2029-06-25      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 253516 FN 11/30 FIXED 8                       | CUSIP: 31371JSD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        928 | PA      | $967.02        | 0.00%             | 2030-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.84200 03/04/25-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-166508.67    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT BRL SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $7059.41       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8362 FR 09/53 FIXED 5.5             | CUSIP: 3132DWJF1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1738278 | PA      | $1741121.70    | 0.03%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 190317 FN 08/31 FIXED VAR                     | CUSIP: 31368HK69<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      89226 | PA      | $93982.09      | 0.00%             | 2031-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT NOK SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |          1 | NC      | $141.93        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F050684<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  531300000 | PA      | $520413418.60  | 7.99%             | 2054-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 255267 FN 06/34 FIXED 6                       | CUSIP: 31371LQU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        730 | PA      | $757.63        | 0.00%             | 2034-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLOBAL PAYMENTS INC                                               | GLOBAL PAYMENTS INC SR UNSECURED 03/26 1.2              | CUSIP: 37940XAE2<br>LEI: 549300NOMHGVQBX6S778 | Long             | DBT              | CORP              | US        |    3300000 | PA      | $3223024.86    | 0.05%             | 2026-03-01      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| SLM STUDENT LOAN TRUST 2003-7X                                    | SLM STUDENT LOAN TR 03 7 SLM STUDENT LOAN TR 03 7 REGS  | CUSIP: 763369II8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     396568 | PA      | $441854.24     | 0.01%             | 2033-12-15      | Floating      | 2.52%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TR INC 2006-AR2                               | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2006 AR2 1A2        | CUSIP: 17307G6L7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     448893 | PA      | $440691.34     | 0.01%             | 2036-03-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $89623.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $2199.05       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AL8356 FN 07/34 FIXED VAR                     | CUSIP: 3138ETJA5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      25075 | PA      | $25117.34      | 0.00%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20250903                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-116483.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FS3421 FN 12/52 FIXED VAR                     | CUSIP: 3140XJYT4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      41677 | PA      | $41181.09      | 0.00%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-65.66        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JONES LANG LASALLE FINANCE BV                                     | JONES LANG LASALLE FIN BV 4/A2 07/25 ZCP                | CUSIP: 48002AUE2<br>LEI: 7245008JNMAJF7J71W93 | Long             | DBT              | CORP              | NL        |     950000 | PA      | $948298.27     | 0.01%             | 2025-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 544860 FN 09/34 FLOATING VAR                  | CUSIP: 31385HJD5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1501 | PA      | $1489.07       | 0.00%             | 2034-09-01      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| CITIBANK NA                                                       | CITIBANK NA CITIBANK NA                                 | CUSIP: 17325FBJ6<br>LEI: E57ODZWZ7FF32TWEFA76 | Long             | DBT              | CORP              | US        |   12900000 | PA      | $12991382.83   | 0.20%             | 2026-08-06      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BK8835 FN 08/48 FIXED 4                       | CUSIP: 3140HNY97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4697839 | PA      | $4447729.09    | 0.07%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EQUIFIRST MORTGAGE LOAN TRUST 2004-1                              | EQUIFIRST MORTGAGE LOAN TRUST EMLT 2004 1 1A1           | CUSIP: 29445FAR9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     131786 | PA      | $128891.33     | 0.00%             | 2034-01-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                      | BARCLAYS PLC SR UNSECURED 08/26 5.304                   | CUSIP: 06738EBZ7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |    8000000 | PA      | $8002416.72    | 0.12%             | 2026-08-09      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-19                                         | FANNIE MAE FNR 2025 19 FC                               | CUSIP: 3136BVBY3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   14061021 | PA      | $14066119.39   | 0.22%             | 2055-03-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $1412.43       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.7351* 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-27388.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW ORLEANS HOTEL TRUST 2019-HNLA                                 | NEW ORLEANS HOTEL TRUST NOHT 2019 HNLA A 144A           | CUSIP: 647622AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1400000 | PA      | $1389982.30    | 0.02%             | 2032-04-15      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJ RATE MTGE TR 2003-6                              | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 6 1A2         | CUSIP: 07384MWX6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      19618 | PA      | $19617.88      | 0.00%             | 2033-08-25      | Floating      | 6.19%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1Q0196 FH 02/37 FLOATING VAR          | CUSIP: 3128S4GD3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1408 | PA      | $1456.06       | 0.00%             | 2037-02-01      | Floating      | 6.99%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                                                      | UBS GROUP AG SR UNSECURED 144A 08/27 4.703              | CUSIP: 902613AS7<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    5000000 | PA      | $5010956.25    | 0.08%             | 2027-08-05      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB7396 FN 04/53 FIXED 4                       | CUSIP: 3140QTGE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      80468 | PA      | $74998.41      | 0.00%             | 2053-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U6RTA4 PIMCO SWAPTION 3.75 CALL USD 2025080          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |  568400000 | NC      | $493087.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT PLN SOLD USD 20250710                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | PL        |          1 | NC      | $38495.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9MKA1 PIMCO SWAPTION 3.7 CALL USD 20250721          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -4500000 | NC      | $-34798.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 841772 FN 09/35 FLOATING VAR                  | CUSIP: 31407VFM2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      81048 | PA      | $82123.52      | 0.00%             | 2035-09-01      | Floating      | 7.39%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-21192.32     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR NOTE (CBT)SEP25 XCBT 20250919                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -1455 | NC      | $-3003650.62   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QD8810 FR 03/52 FIXED 3               | CUSIP: 3133B6YF1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7084479 | PA      | $6143442.00    | 0.09%             | 2052-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $97116.66      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-71.08        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF8565 FR 03/53 FIXED 5               | CUSIP: 3133BWQS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     874716 | PA      | $862854.34     | 0.01%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BE2239 FN 02/47 FIXED 3.5                     | CUSIP: 3140FMPZ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     503240 | PA      | $466317.83     | 0.01%             | 2047-02-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8299 FR 02/53 FIXED 5               | CUSIP: 3132DWGG2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1163004 | PA      | $1144356.61    | 0.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9GMA2 PIMCO SWAPTION 4.1 PUT USD 20250703           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3700000 | NC      | $-2.22         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BK8838 FN 08/48 FIXED 4                       | CUSIP: 3140HNZC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2461217 | PA      | $2332689.92    | 0.04%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BACARDI-MARTINI BV                                                | BACARDI MARTINI B V                                     | CUSIP: 05634EUA8<br>LEI: 5493002XXBV8B88K2408 | Long             | DBT              | CORP              | US        |    1300000 | PA      | $1298262.55    | 0.02%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $3076.30       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.65000 08/14/24-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-85910.74     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | US TREASURY N/B 05/26 3.625                             | CUSIP: 91282CHB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  590900000 | PA      | $588757260.69  | 9.04%             | 2026-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $40277.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ONSLOW BAY MORTGAGE LOAN TRUST 2021-INV2                          | ONSLOW BAY FINANCIAL LLC OBX 2021 INV2 A11 144A         | CUSIP: 67114KAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5050203 | PA      | $4713860.93    | 0.07%             | 2051-10-25      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJ RATE MTGE TR 2003-6                              | BEAR STEARNS ADJUSTABLE RATE M BSARM 2003 6 2A1         | CUSIP: 07384MXB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     128843 | PA      | $125172.37     | 0.00%             | 2033-08-25      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $53238.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                   | DANSKE BANK A/S SR UNSECURED 144A 09/26 VAR             | CUSIP: 23636AAZ4<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |     500000 | PA      | $496944.59     | 0.01%             | 2026-09-11      | Floating      | 1.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0603 FN 11/25 FIXED 4.5                     | CUSIP: 31417YU54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2070 | PA      | $2063.95       | 0.00%             | 2025-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2022-HP1                      | GS MORTGAGE BACKED SECURITIES GSMBS 2022 HP1 A2 144A    | CUSIP: 36265LAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   21068663 | PA      | $17961071.14   | 0.28%             | 2052-09-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| OCTAGON INVESTMENT PARTNERS 40 LTD 2019-1A                        | OCTAGON INVESTMENT PARTNERS 40 OCT40 2019 1A A1RR 144A  | CUSIP: 67592BAY4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1700000 | PA      | $1690626.91    | 0.03%             | 2035-01-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| EUROSAIL-UK 2007-4BL PLC 4X                                       | EUROSAIL PLC ESAIL 2007 4X A3 REGS                      | CUSIP: BTGD2JII9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |    1716560 | PA      | $2354272.32    | 0.04%             | 2045-06-13      | Floating      | 5.29%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8452 FR 08/54 FIXED 5               | CUSIP: 3132DWL92<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     565534 | PA      | $554714.15     | 0.01%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                           | FREDDIE MAC FHR 5508 AF                                 | CUSIP: 3137HJFR3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7035211 | PA      | $7043987.11    | 0.11%             | 2055-02-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H20                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H20 FL          | CUSIP: 38383KDY5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3762651 | PA      | $3792200.65    | 0.06%             | 2073-05-20      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $30719.22      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BDS 2021-FL10 LTD                                                 | BDS LTD BDS 2021 FL10 A 144A                            | CUSIP: 07335YAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   11096128 | PA      | $11111151.39   | 0.17%             | 2036-12-16      | Floating      | 5.78%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                                       | EQUIFAX INC                                             | CUSIP: 29442KUH1<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |     400000 | PA      | $399129.28     | 0.01%             | 2025-07-17      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CHF BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $-80939.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GS MORTGAGE SECURITIES TRUST 2020-DUNE                            | GS MORTGAGE SECURITIES TRUST GSMS 2020 DUNE A 144A      | CUSIP: 36258BAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     258610 | PA      | $258172.50     | 0.00%             | 2036-12-15      | Floating      | 5.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9IEA7 PIMCO SWAPTION 4.03 PUT USD 20250707          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    -600000 | NC      | $-9.78         | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AD9151 FN 08/40 FIXED 5                       | CUSIP: 31418XEZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      29978 | PA      | $30390.04      | 0.00%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC-3271                                                  | FREDDIE MAC FHR 3271 FA                                 | CUSIP: 31397FFJ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      24866 | PA      | $24578.70      | 0.00%             | 2037-02-15      | Floating      | 4.76%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2004-AR13                                       | WAMU MORTGAGE PASS THROUGH CER WAMU 2004 AR13 A2A       | CUSIP: 92922FB72<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1056983 | PA      | $1018687.08    | 0.02%             | 2034-11-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                           | FREDDIE MAC FHR 5508 FC                                 | CUSIP: 3137HJGF8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4673044 | PA      | $4679272.38    | 0.07%             | 2055-02-25      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT GBP SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $15522.56      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                       | SWEDBANK AB 144A 09/27 5.337                            | CUSIP: 87020PAT4<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   20000000 | PA      | $20411349.80   | 0.31%             | 2027-09-20      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| ONSLOW BAY MORTGAGE LOAN TRUST 2022-INV2                          | ONSLOW BAY FINANCIAL LLC OBX 2022 INV2 A1 144A          | CUSIP: 67114WAA9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   19668585 | PA      | $16736821.53   | 0.26%             | 2052-01-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORPORATION                                       | BANK OF AMERICA CORP SR UNSECURED REGS 09/26 VAR        | CUSIP: ACI20HJH6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   11600000 | PA      | $13693022.83   | 0.21%             | 2026-09-22      | Floating      | 3.04%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AJ8540 FN 01/27 FIXED 3                       | CUSIP: 3138E1P27<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     301921 | PA      | $298184.89     | 0.00%             | 2027-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD EUR BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-58436.52     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BX6392 FN 02/53 FIXED 5                       | CUSIP: 3140NBC66<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1290793 | PA      | $1271792.48    | 0.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $40654.68      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 544861 FN 12/36 FLOATING VAR                  | CUSIP: 31385HJE3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1611 | PA      | $1597.78       | 0.00%             | 2036-12-01      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| TTAN 2021-MHC                                                     | TTAN TTN 2021 MHC A 144A                                | CUSIP: 87303TAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      38452 | PA      | $38481.19      | 0.00%             | 2038-03-15      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 905783 FN 11/36 FIXED 6                       | CUSIP: 31411EJ40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      23884 | PA      | $24760.09      | 0.00%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BV5386 FN 04/52 FIXED 3                       | CUSIP: 3140MJ6Y6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7225906 | PA      | $6262892.76    | 0.10%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 880423 FN 04/36 FIXED 6                       | CUSIP: 31409WD40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5914 | PA      | $6009.56       | 0.00%             | 2036-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 836795 FN 11/35 FIXED 6.5                     | CUSIP: 31407PUU0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      14325 | PA      | $15055.65      | 0.00%             | 2035-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                     | FORD MOTOR CREDIT CO LLC SR UNSECURED 05/28 6.8         | CUSIP: 345397C92<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |     200000 | PA      | $206758.80     | 0.00%             | 2028-05-12      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.88000 07/10/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-11923.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080428 G2 07/30 FLOATING VAR               | CUSIP: 36225CPN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        871 | PA      | $872.63        | 0.00%             | 2030-07-20      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| CITIBANK CREDIT CARD ISSUANCE TRUST 2018-A5                       | CITIBANK CREDIT CARD ISSUANCE CCCIT 2018 A5 A5          | CUSIP: 17305EGP4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   12900000 | PA      | $12906602.22   | 0.20%             | 2027-08-07      | Floating      | 5.04%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                     | FORD MOTOR CREDIT CO LLC FORD MOTOR CREDIT CO LLC       | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    2000000 | PA      | $1995807.08    | 0.03%             | 2026-11-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-130098.82    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080484 G2 01/31 FLOATING VAR               | CUSIP: 36225CRE8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1247 | PA      | $1254.09       | 0.00%             | 2031-01-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES CORP                                              | TARGA RES CORP 07/25 ZCP                                | CUSIP: 87613EUV5<br>LEI: 5493003QENHHS261UR94 | Long             | DBT              | CORP              | US        |    5600000 | PA      | $5577461.68    | 0.09%             | 2025-07-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TRINITAS CLO 2022 XXA LTD                                         | TRINITAS CLO LTD TRNTS 2022 20A A1R 144A                | CUSIP: 89640EAN8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | BM        |    2000000 | PA      | $1990151.96    | 0.03%             | 2035-07-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SB1240 FR 12/32 FIXED 2.5             | CUSIP: 3132CXLV2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1618172 | PA      | $1562060.56    | 0.02%             | 2032-12-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OCP EURO CLO 2020-4 DAC 20-4A                                     | OCP EURO CLO OCPE 2020 4A AR 144A                       | CUSIP: ACI1ZTQK9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    2370006 | PA      | $2791401.48    | 0.04%             | 2034-09-22      | Floating      | 3.12%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2010-1                                                 | FANNIE MAE FNR 2010 1 FT                                | CUSIP: 31398GM97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     114760 | PA      | $115262.36     | 0.00%             | 2040-02-25      | Floating      | 5.27%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.75000 12/18/24-5Y CME                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-683217.06    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 256866 FN 08/27 FIXED 5                       | CUSIP: 31371NJK2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        148 | PA      | $148.23        | 0.00%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD EUR BOUGHT USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | N/A       |          1 | NC      | $-1039051.13   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MORTGAGE TRUST 2005-7                              | MORGAN STANLEY MORTGAGE LOAN T MSM 2005 7 7A5           | CUSIP: 61748HPQ8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     882615 | PA      | $812458.04     | 0.01%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008830 G2 03/26 FLOATING VAR               | CUSIP: 36202KY33<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        915 | PA      | $914.07        | 0.00%             | 2026-03-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080054 G2 03/27 FLOATING VAR               | CUSIP: 36225CBY1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       3603 | PA      | $3603.59       | 0.00%             | 2027-03-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5560                                           | FREDDIE MAC FHR 5560 FB                                 | CUSIP: 3137HLZD7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8000000 | PA      | $8010000.00    | 0.12%             | 2055-06-25      | Floating      | 5.31%                 | No            |                  3 | On Loan: No      |
| BANK OF AMERICA MTGE SECURITIES 2005-A                            | BANC OF AMERICA MORTGAGE SECUR BOAMS 2005 A 2A2         | CUSIP: 05949AH94<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      34448 | PA      | $33556.65      | 0.00%             | 2035-02-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR FUT OPTN  AUG25P 110.2 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |       -154 | NC      | $-19250.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.25000 06/18/25-10Y CME                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $2140560.20    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DRYDEN 95 CLO LTD                                                 | DRYDEN SENIOR LOAN FUND DRSLF 2021 95A AR 144A          | CUSIP: 262487AJ0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1100000 | PA      | $1097381.71    | 0.02%             | 2034-08-20      | Floating      | 5.36%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD JPY BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-383.82       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NEW CENTURY HOME EQUITY LOAN TR 2005-1                            | NEW CENTURY HOME EQUITY LOAN T NCHET 2005 1 M2          | CUSIP: 64352VKB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1882283 | PA      | $1889871.59    | 0.03%             | 2035-03-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 804850 FN 01/35 FLOATING VAR                  | CUSIP: 31406BEX4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     280794 | PA      | $284539.66     | 0.00%             | 2035-01-01      | Floating      | 6.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.89900 03/11/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-59978.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BE3614 FN 05/47 FIXED 3.5                     | CUSIP: 3140FPAQ2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4807041 | PA      | $4437441.98    | 0.07%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 190371 FN 07/36 FIXED VAR                     | CUSIP: 31368HMU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1084 | PA      | $1133.20       | 0.00%             | 2036-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $1068.64       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080046 G2 02/27 FLOATING VAR               | CUSIP: 36225CBQ8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      38604 | PA      | $38467.51      | 0.00%             | 2027-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9HNA9 PIMCO SWAPTION 3.669 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2600000 | NC      | $-8617.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-11656.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0096 FN 06/29 FIXED 4.5                     | CUSIP: 31417YDA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        278 | PA      | $278.25        | 0.00%             | 2029-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $1426.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSI ASSET SEC CORP TRUST 2006-HE1                                 | HSI ASSET SECURITIZATION CORPO HASC 2006 HE1 2A1        | CUSIP: 44328AAB6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      28256 | PA      | $9569.37       | 0.00%             | 2036-10-25      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9L4A1 PIMCO SWAPTION 3.6525 CALL USD 20250          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2800000 | NC      | $-12185.60     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2023-H23                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2023 H23 FA          | CUSIP: 38383KGD8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   12397541 | PA      | $12504845.18   | 0.19%             | 2073-08-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 060679 FN 01/28 FLOATING VAR                  | CUSIP: 31362GM40<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        681 | PA      | $674.96        | 0.00%             | 2028-01-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI FINANCIAL GROUP INC                               | SUMITOMO MITSUI FINL GRP SR UNSECURED 07/25 1.474       | CUSIP: 86562MCA6<br>LEI: 35380028MYWPB6AUO129 | Long             | DBT              | CORP              | JP        |   22700000 | PA      | $22686498.72   | 0.35%             | 2025-07-08      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008682 G2 08/25 FLOATING VAR               | CUSIP: 36202KUF0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         40 | PA      | $40.27         | 0.00%             | 2025-08-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL DB5440 FN 05/54 FIXED 5                       | CUSIP: 3140AFBJ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     667433 | PA      | $655204.80     | 0.01%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES Q034 | FHLMC MULTIFAMILY STRUCTURED P FHMS Q034 APT2           | CUSIP: 3137HLY30<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    9400000 | PA      | $8819900.62    | 0.14%             | 2054-07-25      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                | SOUTHERN CAL EDISON 1ST MORTGAGE 06/27 4.7              | CUSIP: 842400HQ9<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |    1100000 | PA      | $1104295.29    | 0.02%             | 2027-06-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY ABS CAPITAL I 2007-HE6                             | MORGAN STANLEY CAPITAL INC MSAC 2007 HE6 A4             | CUSIP: 61755CAD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2723166 | PA      | $2455642.49    | 0.04%             | 2037-05-25      | Floating      | 4.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $10834.02      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.90750 03/04/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-65913.68     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| PK ALIFT LOAN FUNDING 6 LP 2025-1                                 | PK ALIFT LOAN FUNDING PKAIR 2025 1 A 144A               | CUSIP: 69291YAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    1500000 | PA      | $1506967.50    | 0.02%             | 2042-11-15      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 878095 FN 04/36 FIXED 6                       | CUSIP: 31409TRQ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      27551 | PA      | $28769.71      | 0.00%             | 2036-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ILS SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $172.91        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC 07/25 ZCP                  | CUSIP: 01626UU86<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    4750000 | PA      | $4745083.28    | 0.07%             | 2025-07-08      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9GEA1 PIMCO SWAPTION 4.075 PUT USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2700000 | NC      | $-2.97         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-190.83       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 841978 FN 03/35 FLOATING VAR                  | CUSIP: 31407VM36<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      36478 | PA      | $36062.23      | 0.00%             | 2035-03-01      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | EURO-BOBL OPTION  AUG25P 117.2 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |        -14 | NC      | $-2968.44      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BL0449 FN 12/25 FIXED 3.59                    | CUSIP: 3140HRQB2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   11350000 | PA      | $11276706.81   | 0.17%             | 2025-12-01      | Fixed         | 3.59%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE                 | CUSIP: 01F030678<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        |  -96700000 | PA      | $-83689308.97  | -1.28%            | 2054-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $8441.21       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AL2645 FN 01/27 FIXED VAR                     | CUSIP: 3138EJ5F1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         17 | PA      | $16.51         | 0.00%             | 2027-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9N2A9 PIMCO SWAPTION 3.564 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2600000 | NC      | $-9920.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9GBA4 PIMCO SWAPTION 2.38 CALL EUR 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1400000 | NC      | $-7.09         | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AW7006 FN 06/44 FIXED 4.5                     | CUSIP: 3138XWYC6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      38445 | PA      | $37856.93      | 0.00%             | 2044-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AES CORPORATION                                                   | AES CORP/THE SR UNSECURED 01/26 1.375                   | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   22500000 | PA      | $22074721.65   | 0.34%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 899862 FN 11/37 FIXED 6.5                     | CUSIP: 31410WWX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        350 | PA      | $365.77        | 0.00%             | 2037-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HERTZ VEHICLE FINANCING LLC 2022-4A                               | HERTZ VEHICLE FINANCING LLC HERTZ 2022 4A A 144A        | CUSIP: 42806MBA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11250000 | PA      | $11233990.14   | 0.17%             | 2026-09-25      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2004-CB1                                        | WAMU MORTGAGE PASS THROUGH CER WAMU 2004 CB1 6A         | CUSIP: 92922FRL4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     324156 | PA      | $334623.22     | 0.01%             | 2034-06-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                              | JPMORGAN CHASE + CO SR UNSECURED 10/27 VAR              | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    8300000 | PA      | $8482599.17    | 0.13%             | 2027-10-22      | Floating      | 6.07%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD NOK BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |          1 | NC      | $-206.63       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-1522483.35   | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 725689 FN 08/34 FIXED VAR                     | CUSIP: 31402DF62<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        219 | PA      | $228.81        | 0.00%             | 2034-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $-132.69       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.24000 09/16/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $63563.45      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MAGNETITE XXXII LTD                                               | MAGNETITE CLO LTD MAGNE 2022 32A A 144A                 | CUSIP: 55953WAA8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    2500000 | PA      | $2502448.50    | 0.04%             | 2035-04-15      | Floating      | 5.61%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CAD BOUGHT USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CA        |          1 | NC      | $-22838.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BK1462 FN 04/48 FIXED 4                       | CUSIP: 3140HETU6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     628083 | PA      | $594518.54     | 0.01%             | 2048-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $434.50        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| RAAC 2004-SP1                                                     | RAAC SERIES RAAC 2004 SP1 AII                           | CUSIP: 7609855V9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      42967 | PA      | $42810.42      | 0.00%             | 2034-03-25      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 256045 FN 12/25 FIXED 5                       | CUSIP: 31371ML21<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        131 | PA      | $130.94        | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080015 G2 11/26 FLOATING VAR               | CUSIP: 36225CAR7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        610 | PA      | $612.15        | 0.00%             | 2026-11-20      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2007-21                                                | FANNIE MAE FNR 2007 21 FC                               | CUSIP: 31396P3U3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     164172 | PA      | $162220.85     | 0.00%             | 2037-03-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9GFA0 PIMCO SWAPTION 3.725 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2700000 | NC      | $-14376.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUNDVIEW HOME EQUITY LN TRUST 2006-NLC1                          | SOUNDVIEW HOME EQUITY LOAN TRU SVHE 2006 NLC1 A1 144A   | CUSIP: 83611DAA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1078498 | PA      | $293436.85     | 0.00%             | 2036-11-25      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                | CANADIAN NATURAL RESOU                                  | CUSIP: 13638WUB6<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |     850000 | PA      | $848771.92     | 0.01%             | 2025-07-11      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.90500 03/12/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-44153.89     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GSAMP TRUST 2007-FM1                                              | GSAMP TRUST GSAMP 2007 FM1 A2A                          | CUSIP: 3622MAAB7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1275578 | PA      | $632427.48     | 0.01%             | 2036-12-25      | Floating      | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-370.71       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-15331.58     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD SGD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-7.71         | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CIFC FUNDING LTD 2017-4A                                          | CIFC FUNDING LTD CIFC 2017 4A A1R 144A                  | CUSIP: 12551JAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    6468362 | PA      | $6470062.39    | 0.10%             | 2030-10-24      | Floating      | 5.49%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.55000 04/16/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $4391.57       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20251002                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-147274.98    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5511                                           | FREDDIE MAC FHR 5511 FG                                 | CUSIP: 3137HKKP8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7995747 | PA      | $8001817.24    | 0.12%             | 2055-03-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1G0198 FH 04/35 FLOATING VAR          | CUSIP: 3128NCGF5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     148464 | PA      | $150747.28     | 0.00%             | 2035-04-01      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| SILVER ROCK CLO II LTD 2021-2A                                    | SILVER ROCK CLO LTD SLVRK 2021 2A AR 144A               | CUSIP: 82812LAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1200000 | PA      | $1197803.21    | 0.02%             | 2035-01-20      | Floating      | 5.31%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 254144 FN 11/31 FIXED 8                       | CUSIP: 31371KHV6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2050 | PA      | $2129.09       | 0.00%             | 2031-11-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR GBP SONIO/3.93000 01/06/25-10Y LCH                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | GB        |          1 | NC      | $-10325.11     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD NOK BOUGHT USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |          1 | NC      | $-143.11       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GM FINANCIAL AUTOMOBILE LEASING TRUST 2025-1                      | GM FINANCIAL AUTOMOBILE LEASIN GMALT 2025 1 A3          | CUSIP: 36271VAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11300000 | PA      | $11380785.96   | 0.17%             | 2028-02-21      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.68000 08/07/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-46765.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN MORTGAGE TRUST 2007-A2                                  | JP MORGAN MORTGAGE TRUST JPMMT 2007 A2 1A1              | CUSIP: 46630PAA3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     101441 | PA      | $52865.25      | 0.00%             | 2037-04-25      | Floating      | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.55016 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $14537.49      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAR STEARNS ASSET BACKED SECURITIES TRUST 2003-1                 | BEAR STEARNS ASSET BACKED SECU BSABS 2003 1 A1          | CUSIP: 07384YGX8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     109626 | PA      | $109236.27     | 0.00%             | 2042-11-25      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-93925.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CROWN CASTLE INTERNATIONAL CORP (CCI)                             | CROWN CASTLE                                            | CUSIP: 22823PUN1<br>LEI: 54930012H97VSM0I2R19 | Long             | DBT              | CORP              | US        |   19800000 | PA      | $19739467.44   | 0.30%             | 2025-07-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MF1 2022-FL8 LTD                                                  | MF1 MULTIFAMILY HOUSING MORTGA MF1 2022 FL8 A 144A      | CUSIP: 55284JAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   16748103 | PA      | $16762981.61   | 0.26%             | 2037-02-19      | Floating      | 5.67%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 995938 FN 01/39 FIXED VAR                     | CUSIP: 31416CLT1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     998109 | PA      | $1046895.66    | 0.02%             | 2039-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| OSCAR US FUNDING XVII LLC 2024-2A                                 | OSCAR US FUNDING TRUST OSCAR 2024 2A A2 144A            | CUSIP: 68784BAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     580601 | PA      | $581407.57     | 0.01%             | 2027-12-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| STRUCTURED ASSET SECURITIES CRP 2003-22A                          | STRUCTURED ASSET SECURITIES CO SASC 2003 22A 2A1        | CUSIP: 86359AYX5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       5741 | PA      | $5615.12       | 0.00%             | 2033-06-25      | Floating      | 6.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BM2003 FN 10/47 FIXED VAR                     | CUSIP: 3140J6GM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     215178 | PA      | $203921.97     | 0.00%             | 2047-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 668556 FN 12/32 FIXED 6                       | CUSIP: 31391JWR7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        939 | PA      | $959.72        | 0.00%             | 2032-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ZAR SOLD USD 20250723                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $44233.92      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2005-AR4                                  | GSR MORTGAGE LOAN TRUST GSR 2005 AR4 2A1                | CUSIP: 362341FH7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     471472 | PA      | $243795.39     | 0.00%             | 2035-07-25      | Floating      | 6.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $52026.12      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD DKK BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | DK        |          1 | NC      | $-2676.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-290.49       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-16                                         | FANNIE MAE FNR 2025 16 FA                               | CUSIP: 3136BU5D8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   12686590 | PA      | $12688309.93   | 0.19%             | 2055-03-25      | Floating      | 5.46%                 | No            |                  2 | On Loan: No      |
| CITIZENS AUTO RECEIVABLES TRUST 2023-1                            | CITIZENS AUTO RECEIVABLES TRUS CITZN 2023 1 A3 144A     | CUSIP: 17331KAD1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     668821 | PA      | $673193.94     | 0.01%             | 2028-01-18      | Fixed         | 5.84%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2022-B                           | SMB PRIVATE EDUCATION LOAN TRU SMB 2022 B A1B 144A      | CUSIP: 83206NAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   11882161 | PA      | $11978726.20   | 0.18%             | 2055-02-16      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ILS SOLD USD 20250718                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IL        |          1 | NC      | $3698.30       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SARANAC CLO II LTD 2014-3A                                        | SARANAC CLO LTD SRANC 2014 3A ALR 144A                  | CUSIP: 803169AN1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |      22149 | PA      | $22170.84      | 0.00%             | 2030-06-22      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY CAPITAL I TRUST 2019-NUGS                          | MORGAN STANLEY CAPITAL I TRUST MSC 2019 NUGS A 144A     | CUSIP: 61692AAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     100000 | PA      | $80541.29      | 0.00%             | 2036-12-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL G08793 FG 12/47 FIXED 4               | CUSIP: 3128MJ3B4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1306333 | PA      | $1238944.10    | 0.02%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-8022.05      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                     | FORD MOTOR CREDIT CO LLC FORD MOTOR CREDIT CO LLC       | CUSIP: 345397D83<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    6200000 | PA      | $6251212.37    | 0.10%             | 2027-03-05      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC-2340                                                  | FREDDIE MAC FHR 2340 PZ                                 | CUSIP: 313398EE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      83311 | PA      | $86776.32      | 0.00%             | 2031-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT KRW SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $36938.54      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRSTENERGY CORP                                                  | FIRSTENERGY CORP SR UNSECURED 07/27 4.15                | CUSIP: 337932AH0<br>LEI: 549300SVYJS666PQJH88 | Long             | DBT              | CORP              | US        |     300000 | PA      | $296731.22     | 0.00%             | 2027-07-15      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008818 G2 02/26 FLOATING VAR               | CUSIP: 36202KYP4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1082 | PA      | $1079.59       | 0.00%             | 2026-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 257101 FN 02/28 FIXED 5                       | CUSIP: 31371NRW7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4310 | PA      | $4332.19       | 0.00%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                             | WELLS FARGO + COMPANY SR UNSECURED 04/29 VAR            | CUSIP: 95000U3T8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   16300000 | PA      | $16530235.22   | 0.25%             | 2029-04-23      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2021-H12                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2021 H12 DF          | CUSIP: 38382YAZ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8372698 | PA      | $8555077.18    | 0.13%             | 2071-08-20      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FINANCE NORTH AMERICA LLC                           | MERCEDES BENZ FIN NA COMPANY GUAR 144A 11/27 4.9        | CUSIP: 58769JAZ0<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |    3350000 | PA      | $3389087.00    | 0.05%             | 2027-11-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.87000 03/05/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-19033.55     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD NOK BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |          1 | NC      | $-1390.19      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2015-H08                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H08 FD          | CUSIP: 38375UVD9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3307736 | PA      | $3308175.06    | 0.05%             | 2065-03-20      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BMW US CAPITAL LLC                                                | BMW US CAPITAL LLC COMPANY GUAR 144A 03/28 4.75         | CUSIP: 05565ECW3<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   11790000 | PA      | $11928479.80   | 0.18%             | 2028-03-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GSR MORTGAGE LOAN TRUST 2005-AR6                                  | GSR MORTGAGE LOAN TRUST GSR 2005 AR6 1A1                | CUSIP: 362341RT8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     247510 | PA      | $250464.13     | 0.00%             | 2035-09-25      | Floating      | 6.56%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BX8646 FN 04/53 FIXED 5                       | CUSIP: 3140NDTC1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1323423 | PA      | $1305476.69    | 0.02%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STELLANTIS FINANCIAL UNDERWRITTEN ENHANCED LEASE TRUST 2025-AA    | STELLANTIS FINANCIAL UNDERWRIT SFUEL 2025 AA A2 144A    | CUSIP: 858928AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    8100000 | PA      | $8122204.53    | 0.12%             | 2027-07-20      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 257238 FN 06/28 FIXED 5                       | CUSIP: 31371NV77<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1349 | PA      | $1355.07       | 0.00%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 896541 FN 09/36 FIXED 6                       | CUSIP: 31410TBJ3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      60668 | PA      | $63437.47      | 0.00%             | 2036-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FOOTBALL CLUB TERM NOTES 2024-XVII TRUST                          | NATIONAL FOOTBAL LEAGUE 4.5YR                           | CUSIP: 902EZU906<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1221159.77    | 0.02%             | 2028-10-05      | Fixed         | 5.48%                 | Yes           |                  3 | On Loan: No      |
| N/A                                                               | 317U9G7A9 PIMCO SWAPTION 3.715 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -6000000 | NC      | $-24812.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIEMAE WHOLE LOAN 2004-W2                                      | FANNIEMAE WHOLE LOAN FNW 2004 W2 5AF                    | CUSIP: 31393XGV3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      18069 | PA      | $18028.67      | 0.00%             | 2044-03-25      | Floating      | 4.77%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 559821 FN 11/39 FLOATING VAR                  | CUSIP: 31386C4E9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      51156 | PA      | $51262.45      | 0.00%             | 2039-11-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5508                                           | FREDDIE MAC FHR 5508 QF                                 | CUSIP: 3137HJVX2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4281665 | PA      | $4290260.05    | 0.07%             | 2055-02-25      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP CBK                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-5002.87      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $2410.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CASSA DEPOSITI E PRESTITI SOCIETA PER AZIONI                      | CASSA DEPOSITI E PRESTIT SR UNSECURED 144A 04/29 5.875  | CUSIP: 147918AC0<br>LEI: 81560029E2CE4D14F425 | Long             | DBT              | MUN               | IT        |   11300000 | PA      | $11828662.93   | 0.18%             | 2029-04-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                 | NATWEST GROUP PLC SR UNSECURED 03/28 VAR                | CUSIP: 639057AM0<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    2400000 | PA      | $2412568.68    | 0.04%             | 2028-03-01      | Floating      | 5.56%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 937937 FN 06/37 FIXED 6                       | CUSIP: 31412XPW8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      22842 | PA      | $23508.23      | 0.00%             | 2037-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-2549.48      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTR ADJUSTABLE RATE MTGES TRU 2004-13                           | MASTR ADJUSTABLE RATE MORTGAGE MARM 2004 13 3A7         | CUSIP: 576433UM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      33531 | PA      | $32385.92      | 0.00%             | 2034-11-21      | Floating      | 6.04%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $8.98          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2024-H20                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2024 H20 JF          | CUSIP: 38383K2U5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     973742 | PA      | $971114.05     | 0.01%             | 2074-11-20      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ALT-A TRUST 2005-4                                   | BEAR STEARNS ALT A TRUST BALTA 2005 4 23A1              | CUSIP: 07386HSY8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     145366 | PA      | $138876.92     | 0.00%             | 2035-05-25      | Floating      | 5.47%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 1B2800 FH 03/35 FLOATING VAR          | CUSIP: 3128JNAA3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      70322 | PA      | $71589.55      | 0.00%             | 2035-03-01      | Floating      | 6.74%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | CITIGROUP REPO REPO                     5807            | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  459200000 | PA      | $459200000.04  | 7.05%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB6395 FN 02/53 FIXED 5                       | CUSIP: 3140QSC90<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1418395 | PA      | $1397511.95    | 0.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-2493.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | EURO-BUND OPTION  AUG25C 132.5 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         -8 | NC      | $-1319.30      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY BANK NA                                            | MORGAN STANLEY BANK NA SR UNSECURED 01/29 VAR           | CUSIP: 61690DK72<br>LEI: G1MLHIS0N32I3QPILB75 | Long             | DBT              | CORP              | US        |    1600000 | PA      | $1625227.95    | 0.02%             | 2029-01-12      | Floating      | 5.02%                 | No            |                  2 | On Loan: No      |
| CHASE AUTO OWNER TRUST 2023-AA                                    | CHASE AUTO OWNER TRUST CHAOT 2023 AA A3 144A            | CUSIP: 16144KAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2000000 | PA      | $2023056.40    | 0.03%             | 2029-01-25      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.59000 08/19/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-24500.49     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ONE 2021-PARK MORTGAGE TRUST                                      | ONE PARK MORTGAGE TRUST ONP 2021 PARK A 144A            | CUSIP: 682413AA7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2450000 | PA      | $2406503.44    | 0.04%             | 2036-03-15      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8347 FR 08/53 FIXED 4.5             | CUSIP: 3132DWHY2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4252616 | PA      | $4075569.88    | 0.06%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008847 G2 04/26 FLOATING VAR               | CUSIP: 36202KZL2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        310 | PA      | $309.39        | 0.00%             | 2026-04-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| ARES XXVII CLO LTD 2013-2A                                        | ARES CLO LTD ARES 2013 2A AR3 144A                      | CUSIP: 00190YBP9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3900000 | PA      | $3904427.28    | 0.06%             | 2034-10-28      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.27750 09/16/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $97838.59      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-111                                               | FANNIE MAE FNR 2009 111 FC                              | CUSIP: 31398GQS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     159538 | PA      | $159429.64     | 0.00%             | 2038-03-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL FM3004 FN 01/46 FIXED VAR                     | CUSIP: 3140X6KS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   41615172 | PA      | $39504457.14   | 0.61%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMB PRIVATE EDUCATION LOAN TRUST 2024-D                           | SMB PRIVATE EDUCATION LOAN TRU SMB 2024 D A1A 144A      | CUSIP: 83207QAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    2221448 | PA      | $2268502.83    | 0.03%             | 2053-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TREASURY BILL 09/25 0.00000                             | CUSIP: 912797QU4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    1535000 | PA      | $1521079.25    | 0.02%             | 2025-09-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT THB SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $19206.85      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD AUD BOUGHT USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $-995.77       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AB3968 FN 12/26 FIXED 3                       | CUSIP: 31417AMS5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1893890 | PA      | $1872444.22    | 0.03%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 2002-P1A      | CREDIT SUISSE FIRST BOSTON MOR CSFB 2002 P1A A 144A     | CUSIP: 22540VK43<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     169216 | PA      | $162618.60     | 0.00%             | 2032-03-25      | Floating      | 5.06%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9JTA9 PIMCO SWAPTION 3.772 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2500000 | NC      | $-23809.75     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-14488.32     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASHFORD HOSPITALITY TRUST 2018-ASHF                               | ASHFORD HOSPITALITY TRUST AHT1 2018 ASHF A 144A         | CUSIP: 04410RAA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     414483 | PA      | $412492.02     | 0.01%             | 2035-04-15      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9LMA1 PIMCO SWAPTION 3.695 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2200000 | NC      | $-15291.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 008814 G2 02/26 FLOATING VAR               | CUSIP: 36202KYK5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        917 | PA      | $915.55        | 0.00%             | 2026-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-183.21       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JP MORGAN CHASE & CO                                              | JPMORGAN CHASE + CO SR UNSECURED 09/27 VAR              | CUSIP: 46647PCP9<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    2700000 | PA      | $2605562.91    | 0.04%             | 2027-09-22      | Floating      | 1.47%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 255884 FN 08/35 FLOATING VAR                  | CUSIP: 31371MFZ5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      83543 | PA      | $85760.26      | 0.00%             | 2035-08-01      | Floating      | 7.11%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD INR BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | IN        |          1 | NC      | $7.39          | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-15983.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.46000 03/13/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-9040.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| OCEAN TRAILS CLO XI 2021-11A                                      | OCEAN TRAILS CLO OCTR 2021 11A AR 144A                  | CUSIP: 67514VAL3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3400000 | PA      | $3400530.43    | 0.05%             | 2034-07-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 3984                                           | FREDDIE MAC FHR 3984 DF                                 | CUSIP: 3137AKEE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       9459 | PA      | $9395.91       | 0.00%             | 2042-01-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUST RT MTGE TR 2000-                              | BEAR STEARNS ADJUSTABLE RATE M BSARM 2000 2 A1          | CUSIP: 07384MAA0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       4246 | PA      | $4222.99       | 0.00%             | 2030-11-25      | Floating      | 4.81%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 900652 FN 09/36 FIXED 6                       | CUSIP: 31410XTH9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        991 | PA      | $1027.56       | 0.00%             | 2036-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-24                                         | FANNIE MAE FNR 2025 24 FB                               | CUSIP: 3136BVSA7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    8974654 | PA      | $8972918.79    | 0.14%             | 2055-03-25      | Floating      | 5.21%                 | No            |                  2 | On Loan: No      |
| NEWGATE FUNDING PLC 2007-3X                                       | NEWGATE FUNDING PLC NGATE 2007 3X A2B REGS              | CUSIP: B2NDQDII7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | GB        |     603162 | PA      | $699086.52     | 0.01%             | 2050-12-15      | Floating      | 2.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD SGD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-60.91        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MORTGAGE TRUST-2004-11AR                           | MORGAN STANLEY MORTGAGE LOAN T MSM 2004 11AR 1A1        | CUSIP: 61748HGR6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     170590 | PA      | $161836.77     | 0.00%             | 2035-01-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                                             | HOLCIM FIN US LLC 07/25 ZCP                             | CUSIP: 43475FUG5<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |   11200000 | PA      | $11177071.36   | 0.17%             | 2025-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $1020.60       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AN1346 FN 04/26 FIXED 2.77                    | CUSIP: 3138LDP80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    2007112 | PA      | $1979123.91    | 0.03%             | 2026-04-01      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD SGD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $-2537.58      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT JPY SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-24825.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HOME EQUITY ASSET TRUST 2006-4                                    | HOME EQUITY ASSET TRUST HEAT 2006 4 2A4                 | CUSIP: 437084VN3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    3859823 | PA      | $3825737.75    | 0.06%             | 2036-08-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2266                                                  | FREDDIE MAC FHR 2266 F                                  | CUSIP: 3133TQFM4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         15 | PA      | $15.05         | 0.00%             | 2030-11-15      | Floating      | 4.87%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | REPO BANK AMERICA REPO                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  350000000 | PA      | $349999999.98  | 5.37%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-282.62       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4039                                           | FREDDIE MAC FHR 4039 QI                                 | CUSIP: 3137AQQL5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     871950 | PA      | $14913.57      | 0.00%             | 2027-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 799940 FN 11/34 FLOATING VAR                  | CUSIP: 31405UV97<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      53541 | PA      | $53932.93      | 0.00%             | 2034-11-01      | Floating      | 6.57%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD KRW BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-151357.95    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 902486 FN 11/36 FIXED 6                       | CUSIP: 31411AUK9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1576 | PA      | $1622.22       | 0.00%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 679708 FN 09/41 FLOATING VAR                  | CUSIP: 31391XDM8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      10936 | PA      | $11017.72      | 0.00%             | 2041-09-01      | Floating      | 5.65%                 | No            |                  2 | On Loan: No      |
| ATLAS SENIOR LOAN FUND LTD 2021-18A                               | ATLAS SENIOR LOAN FUND LTD ATCLO 2021 18A A1R 144A      | CUSIP: 04943EAQ4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1800000 | PA      | $1798758.58    | 0.03%             | 2035-01-18      | Floating      | 5.38%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-13837.42     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ASSET BACKED SEC CORP HEQ LN 2001-HE2                             | ASSET BACKED SECURITIES CORP H ABSHE 2001 HE2 A1        | CUSIP: 04541GBN1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       3828 | PA      | $3774.86       | 0.00%             | 2031-06-15      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| LFT CRE 2021-FL1 LTD                                              | LFT CRE LLC LMNT 2021 FL1 A 144A                        | CUSIP: 50203JAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    6449325 | PA      | $6450050.52    | 0.10%             | 2039-06-15      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 901486 FN 11/36 FIXED 6                       | CUSIP: 31410YRF3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        454 | PA      | $466.15        | 0.00%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA0130 FN 07/29 FIXED 5                       | CUSIP: 31417YEC7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2164 | PA      | $2182.58       | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 941341 FN 08/37 FIXED 6                       | CUSIP: 31413CHS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      45132 | PA      | $46913.22      | 0.00%             | 2037-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP CBK                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-2921.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD NOK BOUGHT USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | NO        |          1 | NC      | $76.04         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREMONT HOME LOAN TRUST 2006-E                                    | FREMONT HOME LOAN TRUST FHLT 2006 E 2A1                 | CUSIP: 35729NAB1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     164121 | PA      | $74886.98      | 0.00%             | 2037-01-25      | Floating      | 4.49%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 966879 FN 12/37 FIXED 6                       | CUSIP: 31414HUC9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      41964 | PA      | $43162.56      | 0.00%             | 2037-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC STRUCTURED P/T SECURITIES E3                                | FHLMC STRUCTURED PASS THROUGH FSPC E3 A                 | CUSIP: 3133TCE95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2747 | PA      | $2696.32       | 0.00%             | 2032-08-15      | Floating      | 4.55%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 535401 FN 07/30 FIXED VAR                     | CUSIP: 31384VX64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        156 | PA      | $161.19        | 0.00%             | 2030-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 902974 FN 12/36 FIXED 6                       | CUSIP: 31411BFP3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      16890 | PA      | $17714.97      | 0.00%             | 2036-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 832803 FN 09/35 FLOATING VAR                  | CUSIP: 31407KGL7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5053 | PA      | $5138.07       | 0.00%             | 2035-09-01      | Floating      | 7.21%                 | No            |                  2 | On Loan: No      |
| RTX CORPORATION                                                   | RTX CORP 07/25 ZCP                                      | CUSIP: 78109FUF7<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    2350000 | PA      | $2345457.22    | 0.04%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20260402                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-123897.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BV0958 FN 09/52 FIXED 5                       | CUSIP: 3140MEB47<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      59018 | PA      | $58048.00      | 0.00%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT IDR SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ID        |          1 | NC      | $3947.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.68700 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-14919.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735561 FN 04/34 FLOATING VAR                  | CUSIP: 31402RFA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100814 | PA      | $102613.86     | 0.00%             | 2034-04-01      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9JQA2 PIMCO SWAPTION 3.77 CALL USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2800000 | NC      | $-25574.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4123                                           | FREDDIE MAC FHR 4123 AH                                 | CUSIP: 3137AUXA2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3569412 | PA      | $3468139.39    | 0.05%             | 2027-10-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.72680 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-228155.75    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 555417 FN 05/33 FIXED VAR                     | CUSIP: 31385XAS6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        797 | PA      | $828.92        | 0.00%             | 2033-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080579 G2 02/32 FLOATING VAR               | CUSIP: 36225CUD6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     165576 | PA      | $167920.19     | 0.00%             | 2032-02-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5515                                           | FREDDIE MAC FHR 5515 F                                  | CUSIP: 3137HKJ54<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   29927433 | PA      | $29523690.98   | 0.45%             | 2051-02-15      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT THB SOLD USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $22882.72      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEUBERGER BERMAN LOAN ADVISERS CLO 45 LTD 2021-45A                | NEUBERGER BERMAN CLO LTD NEUB 2021 45A AR 144A          | CUSIP: 64134MAJ5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    1700000 | PA      | $1696856.50    | 0.03%             | 2036-10-14      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.46000 04/01/25-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-25218.27     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ABN AMRO BANK NV                                                  | ABN AMRO BANK NV 144A 10/26 VAR                         | CUSIP: 00084DBC3<br>LEI: BFXS5XCH7N0Y05NIXW11 | Long             | DBT              | CORP              | NL        |    5400000 | PA      | $5428257.07    | 0.08%             | 2026-10-13      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF8169 FR 02/53 FIXED 5               | CUSIP: 3133BWCE1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1098948 | PA      | $1082459.28    | 0.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALMER SQUARE EUROPEAN LOAN FUNDING 2024-1 DAC 24-1A              | PALMER SQUARE EUROPEAN LOAN FU PSTET 2024 1A AR 144A    | CUSIP: ACI2W0KY9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |     924868 | PA      | $1089508.68    | 0.02%             | 2033-08-15      | Floating      | 3.11%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS 309                                            | FREDDIEMAC STRIP FHS 309 S6                             | CUSIP: 31325USH0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   15222747 | PA      | $1620595.07    | 0.02%             | 2043-08-15      | Floating      | 1.53%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA4918 FN 02/53 FIXED 5                       | CUSIP: 31418EPC8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1096843 | PA      | $1079257.12    | 0.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC 07/25 ZCP                  | CUSIP: 01626UU29<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    8800000 | PA      | $8797731.36    | 0.14%             | 2025-07-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2019-4                                  | TOWD POINT MORTGAGE TRUST TPMT 2019 4 A1 144A           | CUSIP: 89178BAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1759641 | PA      | $1690833.83    | 0.03%             | 2059-10-25      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 890653 FN 01/32 FIXED VAR                     | CUSIP: 31410LQE5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     101350 | PA      | $101624.77     | 0.00%             | 2032-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL QF7047 FR 02/53 FIXED 5               | CUSIP: 3133BUZL4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1330966 | PA      | $1309458.09    | 0.02%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 31750QN88 PIMCO CDSOPT PUT USD 0.85 20250716            | CUSIP: OP00442S4<br>LEI: N/A                  | N/A              | DCR              |  | US        |   -6000000 | NC      | $-430.32       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8042 FR 12/49 FIXED 5               | CUSIP: 3132DV5B7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       5247 | PA      | $5211.28       | 0.00%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL MA3029 FN 06/32 FIXED 3                       | CUSIP: 31418CLK8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7747678 | PA      | $7541820.51    | 0.12%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 753275 FN 12/33 FIXED 5                       | CUSIP: 31403M2G3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100340 | PA      | $101759.24     | 0.00%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AI9163 FN 11/30 FIXED 4.5                     | CUSIP: 3138APFD5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      22699 | PA      | $22662.53      | 0.00%             | 2030-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9IFA6 PIMCO SWAPTION 3.68 CALL USD 2025070          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |    -600000 | NC      | $-2244.12      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CONTINENTAL RESOURCES INC                                         | CONTINENTAL RESOURCES COMPANY GUAR 144A 11/26 2.268     | CUSIP: 212015AU5<br>LEI: XXRTID9RYWOZ0UPIVR53 | Long             | DBT              | CORP              | US        |    1200000 | PA      | $1160035.63    | 0.02%             | 2026-11-15      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC STRIPS-246                                            | FREDDIEMAC STRIP FHS 246 F14                            | CUSIP: 3128HWUY1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       4732 | PA      | $4686.60       | 0.00%             | 2037-05-15      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD JPY BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | JP        |          1 | NC      | $-32339.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR ULTRA FUT SEP25 XCBT 20250919                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |      -5548 | NC      | $-12895275.32  | -0.20%            |  |  |  | No            |                  2 | On Loan: No      |
| JONES LANG LASALLE FINANCE BV                                     | JONES LANG LASALLE FIN BV 4/A2 07/25 ZCP                | CUSIP: 48002AU77<br>LEI: 7245008JNMAJF7J71W93 | Long             | DBT              | CORP              | NL        |    2500000 | PA      | $2497771.25    | 0.04%             | 2025-07-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2025-52                                         | FANNIE MAE FNR 2025 52 FB                               | CUSIP: 3136BWUZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    6500000 | PA      | $6515842.45    | 0.10%             | 2055-07-25      | Floating      | 5.52%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9L5A0 PIMCO SWAPTION 4.064 PUT USD 2025071          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | KY        |   -3700000 | NC      | $-469.16       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC                                                 | NATWEST GROUP PLC SR UNSECURED 11/26 VAR                | CUSIP: 639057AG3<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    5600000 | PA      | $5655722.18    | 0.09%             | 2026-11-10      | Floating      | 7.47%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2009-87                                                | FANNIE MAE FNR 2009 87 FX                               | CUSIP: 31398FM57<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      25171 | PA      | $25224.57      | 0.00%             | 2039-11-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD BRL BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $-3457441.07   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT TWD SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $2377.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735503 FN 04/35 FIXED VAR                     | CUSIP: 31402RDG1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        678 | PA      | $707.12        | 0.00%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TSY INFL IX N/B 07/32 0.625                             | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   42945211 | PA      | $40075244.82   | 0.62%             | 2032-07-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.55800 08/21/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $11179.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9LEA0 PIMCO SWAPTION 2.72 PUT EUR 20250716          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1000000 | NC      | $-1651.13      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ZAR SOLD USD 20250723                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $432.60        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CB3004 FN 02/52 FIXED 3                       | CUSIP: 3140QNKS0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   56008450 | PA      | $48525447.45   | 0.75%             | 2052-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OPTEUM MORTGAGE ACCEPTANCE CORP 2005-5                            | OPTEUM MORTGAGE ACCEPTANCE COR OPMAC 2005 5 1APT        | CUSIP: 68383NCU5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    1382453 | PA      | $1363736.81    | 0.02%             | 2035-12-25      | Floating      | 4.99%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U7HVA2 PIMCO SWAPTION 2.83 CALL USD 2025103          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | -235400000 | NC      | $-138462.28    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2005-AR13                                       | WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR13 A1A1      | CUSIP: 92922F4M7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      18507 | PA      | $18587.85      | 0.00%             | 2045-10-25      | Floating      | 5.01%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                                | CANADIAN NATURAL RESOU 08/25 ZCP                        | CUSIP: 13638WV66<br>LEI: 549300T15RIMIKZC5Q38 | Long             | DBT              | CORP              | CA        |   11550000 | PA      | $11493589.80   | 0.18%             | 2025-08-06      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 591219 FN 08/31 FIXED 8                       | CUSIP: 31387QYQ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        675 | PA      | $675.26        | 0.00%             | 2031-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BANC OF AMERICA FUNDING CORP 2006-A                               | BANC OF AMERICA FUNDING CORPOR BAFC 2006 A 1A1          | CUSIP: 058927AA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     157383 | PA      | $150036.69     | 0.00%             | 2036-02-20      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-16844.51     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CHF SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CH        |          1 | NC      | $19717.88      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP GST                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-3057.31      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHERN CALIFORNIA EDISON COMPANY                                | SOUTHERN CAL EDISON 1ST MORTGAGE 10/28 5.65             | CUSIP: 842400HY2<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |     100000 | PA      | $102467.55     | 0.00%             | 2028-10-01      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| MADISON PARK FUNDING XXIII LTD 2017-23A                           | MADISON PARK FUNDING LTD MDPK 2017 23A AR 144A          | CUSIP: 55820TAJ7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    3125612 | PA      | $3130117.97    | 0.05%             | 2031-07-27      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2004-10               | BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 22A1       | CUSIP: 07384M4J8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |        977 | PA      | $866.73        | 0.00%             | 2035-01-25      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP MYC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-81998.04     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U6RUA2 PIMCO SWAPTION 3.25 CALL USD 2025080          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | -568400000 | NC      | $-59966.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT ZAR SOLD USD 20250723                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | ZA        |          1 | NC      | $28220.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PACIFIC GAS AND ELECTRIC CO                                       | PACIFIC GAS + ELECTRIC 1ST MORTGAGE 09/25 VAR           | CUSIP: 694308KS5<br>LEI: 1HNPXZSMMB7HMBMVBS46 | Long             | DBT              | CORP              | US        |    2800000 | PA      | $2800063.76    | 0.04%             | 2025-09-04      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | COLOMBIA LA SP BRC                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $-730.31       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR FUT OPTN  AUG25C 112.5 EXP 07/25/2025           | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |        -38 | NC      | $-20187.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT BRL SOLD USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | BR        |          1 | NC      | $118044.97     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD7578 FR 04/55 FIXED 6               | CUSIP: 3132DVM36<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   25394983 | PA      | $26156598.89   | 0.40%             | 2055-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 559797 FN 10/30 FLOATING VAR                  | CUSIP: 31386C3E0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      12847 | PA      | $12934.11      | 0.00%             | 2030-10-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 795297 FN 07/44 FLOATING VAR                  | CUSIP: 31405PRS1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      86972 | PA      | $87784.12      | 0.00%             | 2044-07-01      | Floating      | 5.60%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 2018-SP2      | CREDIT SUISSE MORTGAGE TRUST CSMC 2018 SP2 PT 144A      | CUSIP: 12654QBH8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   15539858 | PA      | $15491671.81   | 0.24%             | 2050-06-01      | Variable      | 7.18%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 545998 FN 11/32 FIXED VAR                     | CUSIP: 31385JRT7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2861 | PA      | $2976.80       | 0.00%             | 2032-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.6766* 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-42847.24     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| METROPOLITAN LIFE GLOBAL FUNDING I                                | MET LIFE GLOB FUNDING I SECURED 144A 07/25 0.95         | CUSIP: 59217GEJ4<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   11250000 | PA      | $11248879.28   | 0.17%             | 2025-07-02      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9M3A0 PIMCO SWAPTION 4.037 PUT USD 2025071          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2000000 | NC      | $-860.80       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 255810 FN 08/25 FIXED 5                       | CUSIP: 31371MDP9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         42 | PA      | $41.44         | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INTEL CORPORATION                                                 | INTEL CORPORATION                                       | CUSIP: 45826CU32<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   10100000 | PA      | $10096150.89   | 0.16%             | 2025-07-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2005-4                | BEAR STEARNS ADJUSTABLE RATE M BSARM 2005 4 3A1         | CUSIP: 07387ABR5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    2562448 | PA      | $2394371.12    | 0.04%             | 2035-08-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| NOVASTAR HOME EQUITY LOAN 2006-1                                  | NOVASTAR HOME EQUITY LOAN NHEL 2006 1 A1A               | CUSIP: 669884AA6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     767657 | PA      | $761060.76     | 0.01%             | 2036-05-25      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| EXTRA SPACE STORAGE LP                                            | EXTRA SPACE STORAGE LP COMPANY GUAR 07/26 3.5           | CUSIP: 30225VAL1<br>LEI: 549300YNKSKNZFR8UC42 | Long             | DBT              | CORP              | US        |    7000000 | PA      | $6930942.20    | 0.11%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.40000 04/09/25-5Y LCH                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-13767.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/2.15000 06/15/22-5Y LCH                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-3953280.30   | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| BARCLAYS PLC                                                      | BARCLAYS PLC SR UNSECURED 11/26 VAR                     | CUSIP: 06738ECC7<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   13400000 | PA      | $13512194.72   | 0.21%             | 2026-11-02      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE ALT-A SEC INC MTGE LO 2007-AR3                           | DEUTSCHE ALT A SECURITIES INC DBALT 2007 AR3 2A5        | CUSIP: 25150VAM8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    5589183 | PA      | $4918500.25    | 0.08%             | 2037-06-25      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9MOA7 PIMCO SWAPTION 3.605 CALL USD 202507          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -2400000 | NC      | $-11293.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080147 G2 12/27 FLOATING VAR               | CUSIP: 36225CEV4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      16892 | PA      | $16904.50      | 0.00%             | 2027-12-20      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.23100 09/18/24-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $43050.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2016-H11                 | GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H11 F           | CUSIP: 38375UXM7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    1003924 | PA      | $1006621.95    | 0.02%             | 2066-05-20      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| TPG REAL ESTATE FINANCE ISSUER LTD 2022-FL5                       | TPG REAL ESTATE FINANCE TRTX 2022 FL5 A 144A            | CUSIP: 87277JAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   20325918 | PA      | $20369966.65   | 0.31%             | 2039-02-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL CA0384 FN 09/47 FIXED 3.5                     | CUSIP: 3140Q7NA1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   24407464 | PA      | $22268919.12   | 0.34%             | 2047-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL 786190 FH 07/27 FLOATING VAR          | CUSIP: 31348S2X1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        576 | PA      | $576.92        | 0.00%             | 2027-07-01      | Floating      | 7.48%                 | No            |                  2 | On Loan: No      |
| AMRIZE FINANCE US LLC                                             | HOLCIM FIN US LLC 07/25 ZCP                             | CUSIP: 43475FUF7<br>LEI: 529900FB2F1WKLFNGY62 | Long             | DBT              | CORP              | US        |    1250000 | PA      | $1247602.75    | 0.02%             | 2025-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $54950.32      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL AL4182 FN 05/26 FIXED VAR                     | CUSIP: 3138ELUG6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         45 | PA      | $45.00         | 0.00%             | 2026-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CBRE SERVICES INC (AKA: CB RICHARD ELLIS SERVICES INC)            | CBRE SVCS INC 07/25 ZCP                                 | CUSIP: 12610BUQ3<br>LEI: 549300CTE3HOMEUMM603 | Long             | DBT              | CORP              | US        |    4100000 | PA      | $4086820.14    | 0.06%             | 2025-07-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SANTANDER HOLDINGS USA INC                                        | SANTANDER HOLDINGS USA SR UNSECURED 10/26 3.244         | CUSIP: 80282KAZ9<br>LEI: 549300SMVCQN2P0O6I58 | Long             | DBT              | CORP              | US        |    3100000 | PA      | $3052884.99    | 0.05%             | 2026-10-05      | Fixed         | 3.24%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 4130                                           | FREDDIE MAC FHR 4130 AB                                 | CUSIP: 3137AVY35<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    3762934 | PA      | $3658581.44    | 0.06%             | 2027-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                                      | BROADCOM INC DISC COML PAPER                            | CUSIP: 11135MUA2<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    7250000 | PA      | $7240748.28    | 0.11%             | 2025-07-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SFS AUTO RECEIVABLES SECURITIZATION TRUST 2024-2A                 | SFS AUTO RECEIVABLES SECURITIZ SFAST 2024 2A A2 144A    | CUSIP: 78397XAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     529006 | PA      | $530281.79     | 0.01%             | 2027-10-20      | Fixed         | 5.71%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | US 10YR FUT OPTN  AUG25C 112 EXP 07/25/2025             | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         -6 | NC      | $-4500.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 995199 FN 05/37 FIXED VAR                     | CUSIP: 31416BRU4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8111 | PA      | $8486.53       | 0.00%             | 2037-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL J17884 FG 01/27 FIXED 3               | CUSIP: 3128PXXM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     100627 | PA      | $99466.19      | 0.00%             | 2027-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 906073 FN 01/37 FIXED 6                       | CUSIP: 31411ET64<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       1542 | PA      | $1581.16       | 0.00%             | 2037-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD THB BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TH        |          1 | NC      | $-24.85        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CITIGROUP MTGE LOAN TRUST INC 2005-6                              | CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 6 A1           | CUSIP: 17307GXP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       5046 | PA      | $5087.56       | 0.00%             | 2035-09-25      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.93000 03/24/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-113115.80    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2024-38                                         | FANNIE MAE FNR 2024 38 FA                               | CUSIP: 3136BR4S3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     954388 | PA      | $955004.59     | 0.01%             | 2051-01-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| ABBVIE INC                                                        | ABBVIE INC                                              | CUSIP: 00287BU72<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | DBT              | CORP              | US        |    5400000 | PA      | $5395196.16    | 0.08%             | 2025-07-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INDYMAC INDX MORTGAGE LOAN TR 2006-AR4                            | INDYMAC INDX MORTGAGE LOAN TRU INDX 2006 AR4 A1A        | CUSIP: 45661EAV6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     821887 | PA      | $745552.87     | 0.01%             | 2046-05-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| AMERICAN HOME MTGE ASSETS 2005-1                                  | AMERICAN HOME MORTGAGE ASSETS AHMA 2005 1 3A11          | CUSIP: 02660VAE8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     196887 | PA      | $188198.73     | 0.00%             | 2035-11-25      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| TRYSAIL CLO 2022-1A LTD                                           | TRYSAIL CLO LTD TRYSL 2022 1A A 144A                    | CUSIP: 89856JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |    1000000 | PA      | $1000425.62    | 0.02%             | 2033-10-20      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC 2135                                                  | FREDDIE MAC FHR 2135 KZ                                 | CUSIP: 3133TJWR0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      82569 | PA      | $83647.10      | 0.00%             | 2029-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.62330 03/01/24-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-42039.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT CNH SOLD USD 20250820                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $16062.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 735362 FN 03/35 FLOATING VAR                  | CUSIP: 31402Q5X5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     476121 | PA      | $479515.36     | 0.01%             | 2035-03-01      | Floating      | 6.05%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9FPA1 PIMCO SWAPTION 3.677 CALL USD 202506          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1900000 | NC      | $-0.19         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ADJUSTABLE RATE MTG LN 2004-1                          | STRUCTURED ADJUSTABLE RATE MOR SARM 2004 1 4A2          | CUSIP: 86359BGG0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       8408 | PA      | $8196.62       | 0.00%             | 2034-02-25      | Floating      | 6.52%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | IRS EUR 2.58000 08/29/24-10Y LCH                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | N/A       |          1 | NC      | $-17268.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 323919 FN 08/29 FLOATING VAR                  | CUSIP: 31374TYQ6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      27521 | PA      | $27663.39      | 0.00%             | 2029-08-01      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | BOUGHT SGD SOLD USD 20250805                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | SG        |          1 | NC      | $62.39         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL 2006-AR9                                        | WAMU MORTGAGE PASS THROUGH CER WAMU 2006 AR9 1A         | CUSIP: 93363DAA5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      18940 | PA      | $17353.39      | 0.00%             | 2046-08-25      | Floating      | 5.40%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE FUNDING II LLC 2024-1A                                 | CHESAPEAKE FUNDING II LLC CFII 2024 1A A1 144A          | CUSIP: 165183DE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     792575 | PA      | $800843.75     | 0.01%             | 2036-05-15      | Fixed         | 5.52%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-394.74       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | EURO-BUND FUTURE  SEP25 XEUR 20250908                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | DE        |         14 | NC      | $-16919.42     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL G01183 FG 02/31 FIXED 7               | CUSIP: 31283HJ48<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         15 | PA      | $16.35         | 0.00%             | 2031-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-2474.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2024-8                                   | ANGEL OAK MORTGAGE TRUST AOMT 2024 8 A1 144A            | CUSIP: 03465QAA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     860527 | PA      | $858986.07     | 0.01%             | 2069-05-27      | Fixed         | 5.34%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT COMPANY LLC                                     | FORD MOTOR CREDIT CO LLC SR UNSECURED 03/28 5.918       | CUSIP: 345397G72<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    3500000 | PA      | $3536234.56    | 0.05%             | 2028-03-20      | Fixed         | 5.92%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD AUD BOUGHT USD 20250702                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | AU        |          1 | NC      | $-1502.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALIMENTATION COUCHE-TARD INC                                      | ALIMENTATION COUCHE TARD INC                            | CUSIP: 01626UU78<br>LEI: 549300OSW32RVX8CCZ87 | Long             | DBT              | CORP              | CA        |    2000000 | PA      | $1998189.80    | 0.03%             | 2025-07-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD TWD BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | TW        |          1 | NC      | $-473396.79    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD KRW BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | KR        |          1 | NC      | $-1491.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                            | CVS CORPORATION 07/25 ZCP                               | CUSIP: 12665JUE7<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    9499000 | PA      | $9480852.16    | 0.15%             | 2025-07-14      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE REMICS 2013-84                                         | FANNIE MAE FNR 2013 84 PS                               | CUSIP: 3136AF5D2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    7567602 | PA      | $602926.72     | 0.01%             | 2042-11-25      | Floating      | 1.73%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                             | FED HM LN PC POOL SD8314 FR 04/53 FIXED 4.5             | CUSIP: 3132DWGX5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |     391402 | PA      | $375270.34     | 0.01%             | 2053-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP OF AMERICA FINANCE LLC                           | VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 03/28 5.05   | CUSIP: 928668CP5<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   23145000 | PA      | $23283964.66   | 0.36%             | 2028-03-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE 2010-117                                               | FANNIE MAE FNR 2010 117 FE                              | CUSIP: 31398NQ80<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2731 | PA      | $2701.88       | 0.00%             | 2040-10-25      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.88400 03/25/25-10Y LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-59056.45     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD GBP BOUGHT USD 20250804                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | GB        |          1 | NC      | $-50147.47     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080095 G2 07/27 FLOATING VAR               | CUSIP: 36225CC95<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      23755 | PA      | $23854.70      | 0.00%             | 2027-07-20      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | RFR USD SOFR/3.75000 09/02/25-7Y* LCH                   | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |          1 | NC      | $-4336272.36   | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MORTGAGE TRUST-2004-6AR                            | MORGAN STANLEY MORTGAGE LOAN T MSM 2004 6AR 5A          | CUSIP: 61748HBS9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |      40689 | PA      | $38115.99      | 0.00%             | 2034-08-25      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| MDPKE 14A                                                         | MADISON PARK EURO FUNDING MDPKE 14A A1R 144A            | CUSIP: ACI2289F9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | IE        |    4987301 | PA      | $5858638.27    | 0.09%             | 2032-07-15      | Floating      | 3.08%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL FUNDING                                    | PROTECTIVE LIFE GLOBAL SECURED 144A 07/26 VAR           | CUSIP: 743672AG2<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |    9000000 | PA      | $9010928.34    | 0.14%             | 2026-07-22      | Floating      | 4.83%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL BV5376 FN 04/52 FIXED 3                       | CUSIP: 3140MJ6N0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  117456248 | PA      | $101763016.23  | 1.56%             | 2052-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | MORGAN STANLEY SNR S* ICE                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCR              |  | US        |          1 | NC      | $59855.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| FREDDIE MAC REMICS 5549                                           | FREDDIE MAC FHR 5549 BF                                 | CUSIP: 3137HLS52<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    4636417 | PA      | $4649619.56    | 0.07%             | 2055-02-25      | Floating      | 5.51%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080086 G2 06/27 FLOATING VAR               | CUSIP: 36225CCY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       8827 | PA      | $8864.02       | 0.00%             | 2027-06-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| HYUNDAI CAPITAL AMERICA                                           | HYUNDAI CAPITAL AMERICA HYUNDAI CAPITAL AMERICA         | CUSIP: 44891ACW5<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   17300000 | PA      | $17407452.55   | 0.27%             | 2027-01-08      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9MPA6 PIMCO SWAPTION 3.933 PUT USD 2025072          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -1500000 | NC      | $-2099.10      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STRUCTURED ASSEET MTGE INV INC 2002-AR3                           | STRUCTURED ASSET MORTGAGE INVE SAMI 2002 AR3 A1         | CUSIP: 86358HNX3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     107897 | PA      | $104492.01     | 0.00%             | 2032-09-19      | Floating      | 5.09%                 | No            |                  2 | On Loan: No      |
| GNMA PASS THRU POOLS                                              | GNMA II POOL 080408 G2 05/30 FLOATING VAR               | CUSIP: 36225CN28<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       6142 | PA      | $6148.12       | 0.00%             | 2030-05-20      | Floating      | 4.88%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F032682<br>LEI: N/A                  | Short            | ABS-MBS          | USGSE             | US        | -176500000 | PA      | $-158879355.48 | -2.44%            | 2054-08-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                                   | DANSKE BANK A/S DANSKE BANK A/S                         | CUSIP: 23636ABG5<br>LEI: MAES062Z21O4RZ2U7M96 | Long             | DBT              | CORP              | DK        |    8000000 | PA      | $8140762.80    | 0.12%             | 2028-03-01      | Floating      | 5.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U6RVA1 PIMCO SWAPTION 2.75 CALL USD 2025080          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        | -568400000 | NC      | $-9435.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 754031 FN 12/33 FLOATING VAR                  | CUSIP: 31403NVY0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |      30076 | PA      | $30764.62      | 0.00%             | 2033-12-01      | Floating      | 6.43%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | SOLD CNH BOUGHT USD 20250716                            | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              |  | CN        |          1 | NC      | $-273.17       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 630252 FN 03/32 FIXED 6                       | CUSIP: 31389NEZ4<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |       2558 | PA      | $2655.40       | 0.00%             | 2032-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 545993 FN 11/32 FIXED VAR                     | CUSIP: 31385JRN0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        338 | PA      | $352.60        | 0.00%             | 2032-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| UNITED STATES GOVT                                                | TSY INFL IX N/B 01/33 1.125                             | CUSIP: 91282CGK1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   53733817 | PA      | $51370387.18   | 0.79%             | 2033-01-15      | Fixed         | 1.12%                 | No            |                  2 | On Loan: No      |
| PAGAYA AI DEBT TRUST 2024-1                                       | PAGAYA AI DEBT SELECTION TRUST PAID 2024 1 A 144A       | CUSIP: 69548AAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      92166 | PA      | $92774.29      | 0.00%             | 2031-07-15      | Fixed         | 6.66%                 | No            |                  2 | On Loan: No      |
| BEAR STEARNS ADJUSTABLE RATE MORTGAGE TRUST 2004-10               | BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 13A1       | CUSIP: 07384M4E9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     150824 | PA      | $147927.77     | 0.00%             | 2035-01-25      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| N/A                                                               | 317U9N3A8 PIMCO SWAPTION 3.905 PUT USD 2025072          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |   -3200000 | NC      | $-5910.72      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 986946 FN 09/38 FIXED 6                       | CUSIP: 31415RL36<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        482 | PA      | $499.67        | 0.00%             | 2038-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 788586 FN 07/34 FIXED 6.5                     | CUSIP: 31405GCX6<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |        102 | PA      | $105.26        | 0.00%             | 2034-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| UMBS PASS THRU POOLS                                              | FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE               | CUSIP: 01F052680<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |    5000000 | PA      | $4995535.80    | 0.08%             | 2054-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY MORTGAGE LOAN TRUST 2005-2AR                       | MORGAN STANLEY MORTGAGE LOAN T MSM 2005 2AR A           | CUSIP: 61745M4E0<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |     591968 | PA      | $590589.69     | 0.01%             | 2035-04-25      | Floating      | 4.69%                 | No            |                  2 | On Loan: No      |
| FNMA PASS THRU POOLS                                              | FNMA POOL 535428 FN 08/30 FIXED VAR                     | CUSIP: 31384VYZ9<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |         15 | PA      | $15.44         | 0.00%             | 2030-08-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                                              | LAS VEGAS SANDS CORP SR UNSECURED 06/28 5.625           | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    9300000 | PA      | $9488563.82    | 0.15%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| WASHINGTON MUTUAL MSC MTG CTFS 2003-AR1                           | WASHINGTON MUTUAL MSC MORTGAGE WAMMS 2003 AR1 1A        | CUSIP: 939336PL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |       2107 | PA      | $2125.62       | 0.00%             | 2033-02-25      | Floating      | 6.72%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-19

**Name of Applicant:** PIMCO Funds

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer