Past performance is no guarantee of future results. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate.

This information is unaudited and is intended for informational purposes only.

This Fund will normally invest at least 80% of its assets in government securities, bonds issued by governmental issuers located in no fewer than three different countries including the United States. The Fund may invest in securities that are issued or guaranteed by the U.S. Government or its agencies; this guarantee is to timely repayment of principal and interest if held to maturity. Guarantee does not eliminate market risk. The Fund's shares, yield and net asset value are not guaranteed by the U.S. Government. The Fund may also at times invest in mortgage-related securities. Mortgage backed securities are subject to prepayment risk and the value of some mortgage-related or asset-backed securities may be particularly sensitive to interest rate changes. The fund may invest in high yield, below investment grade, debt instruments. High-yield bonds typically have a lower credit rating than other bonds. Lower rated bonds generally involve a greater risk to principal than higher rated bonds. The Fund may invest in foreign securities, which may entail risk due to foreign economic and political developments; this risk may be enhanced when investing in emerging markets.

The credit quality of the securities in the portfolio are generally calculated by Moody's or S&P; if unrated, the investment manager may determine a comparable rating, which is included in the portfolio breakdown. The credit quality of the investment in the portfolio does not apply to the stability or safety of the fund. Duration is a measure of the fund's price sensitivity expressed in years.

The Funds are closed-end exchange traded investment companies. The material on this website is presented only to provide information and is not intended for trading purposes. Closed-end funds, unlike open-end funds, are not continuously offered. After the initial public offering, shares are sold on the open market through a stock exchange. Investment policies, management fees and other matters of interest to prospective investors may be found in each closed-end fund prospectus. For additional information, please contact your financial advisor.

Allianz Global Investors Fund Management LLC, is an indirect, majority-owned subsidiary of Allianz Global Investors of America L.P., and is a member of Munich-based Allianz Group (NYSE - AZ). Allianz is a leading global financial services company. Allianz Global Investors Fund Management LLC serves as the Funds' investment manager, and the sub-advisor is Pacific Investment Management Company LLC (PIMCO).