PIMCO Gurtin California Municipal Intermediate Value Fund — new fund registration

PIMCO FUNDS registered 4 new fund series on Form 485APOS, filed 2018-10-19. Featured series: PIMCO Gurtin California Municipal Intermediate Value Fund.

Registration

Registrant / trust: PIMCO FUNDS
CIK: 0000810893
Form: 485APOS
Filed: 2018-10-19
State of incorporation: MA
Accession: 0001193125-18-303053
Reported net assets: $25.4M

Series & classes (4)

Series	Class	Ticker	New
PIMCO Gurtin California Municipal Intermediate Value Fund	Institutional Class	GCMVX	Yes
PIMCO Gurtin California Municipal Opportunistic Value Fund	Institutional Class	GCMFX	Yes
PIMCO Gurtin National Municipal Intermediate Value Fund	Institutional Class	GNMVX	Yes
PIMCO Gurtin National Municipal Opportunistic Value Fund	Institutional Class	GNMFX	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.50%
Management fee: 0.50%
Net expense ratio: 0.39%

Investment objective

The Fund seeks to provide current income exempt from regular federal income tax and California state personal income taxes while seeking to preserve capital and liquidity.

Advisers

Pacific Investment Management Company LLC (Advisor)