Press Release



Sydney, (15 March, 2022) – PIMCO, one of the world’s premier fixed income investment managers, has released details of its first listed investment trust for Australian investors, as it begins a three-week national roadshow to promote the Trust.

The PIMCO Global Income Opportunities Trust (PMX) aims to deliver regular income and attractive risk-adjusted returns by targeting PIMCO’s best income-generating ideas across multiple fixed income sectors globally. It targets a distribution of 4.75% to 5.75% per annum, paid monthly.

PMX is aiming to raise an amount of approximately A$500 million and expects to begin trading on the Australian Securities Exchange on 21 April 2022.

The Trust will be managed by a team that includes three of PIMCO’s most senior portfolio managers: Dan Ivascyn, managing director and Group Chief Investment Officer; Rob Mead, managing director, head of Australia and co-head of Asia-Pacific portfolio management; and Alfred Murata, managing director and portfolio manager, mortgage credit. Other members of the portfolio management team are Adam Bowe, portfolio manager, Australia; Giang Bui, portfolio manager, securitized debt; and Jing Yang, portfolio manager, structured credit.

Dan Ivascyn, PIMCO’s Group CIO said: “PIMCO has a long and successful history of managing listed trusts around the world. The flexibility of the listed structure provides us with greater opportunities to pursue high conviction positions to generate attractive income. We will continue to employ our long-standing “bend but don’t break” approach, rigorously analyzing and stress-testing potential opportunities that we believe can offer a resilient return profile under a broad range of economic scenarios.”

Rob Mead, head of Australia and co-head of Asia-Pacific portfolio management, said: “We are very pleased to be launching this unique offering to Australian investors at a time when the need for income is strong. PMX will represent PIMCO’s best income-generating investment ideas, taking advantage of our dedicated investment specialists from around the world, and our depth and reach across global fixed income markets.”

Participating in the Offer

The Offer opens on 29 March 2022. Once the Offer is open, applications can be made by completing the application form attached to the PDS or online at Those applying under the broker firm offer should contact their broker for application details.

The Joint Lead Arrangers and Joint Lead Managers to the offer are E&P Corporate Advisory Pty Limited, Morgans Financial Limited, National Australia Bank Limited and Commonwealth Securities Limited.

Other Joint Lead Managers are Ord Minnett Limited, Shaw and Partners Limited and Bell Potter Securities Limited.

For more information on PMX, visit


PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50 years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and professionals


1 Proposed ASX code
2 Net of fees and expenses incurred by the Trust. This target figure takes into account hedging (to the extent applicable) of the Trust’s foreign currency exposure and is pre-tax payable by Unitholders on such distributions. The target distribution is only a target and may not be achieved. The target is based on PIMCO Australia’s belief about the returns that may be achievable on the investments proposed to be pursued by the Trust and certain assumptions about investing and market conditions. There is no guarantee that the facts on which such assumptions are based will materialise as anticipated. The target distribution is subject to significant economic, market and other uncertainties that may adversely affect the performance of any investments of the Trust. Investors should review the risk summary set out in the PDS.
3 Date is indicative only and may be varied without notice.
4 The Offer may open early on or after 22 March 2022 if the PDS exposure period is not extended by ASIC for a further seven days.

Media Contacts

Michael Reid
Global Head of Corporate Communications – New York

Agnes Crane
U.S. Corporate Communications – New York

Joy Sheetz
U.S. Corporate Communications – New York

Laura Batty
U.S. Corporate Communications – Newport Beach

Lisa Papas
U.S. Corporate Communications – Newport Beach

Laura Thomas
UK & EMEA Corporate Communications – London
+44 203 640 1520

Wendy Svirakova
UK & EMEA Corporate Communications – London
+44 203 640 1237

Li Anne Wong
APAC Corporate Communications – Singapore
+65 6491 8068


The issuer of the PIMCO Global Income Opportunities Trust units is PIMCO Australia Management Limited ABN 37 611 709 507, AFSL 487 505 (Responsible Entity) as responsible entity of the PIMCO Global Income Opportunities Trust. The public offering of new units is made under a product disclosure statement dated 14 March 2022 (PDS) and a target market determination dated 14 March 2022 (TMD), a copy of which can be obtained at PIMCO Australia Pty Ltd ABN 54 084 280 508, AFSL 246 862 is the investment manager appointed by the Responsible Entity (together with the Responsible Entity, PIMCO Australia). Investors should consider the PDS and TMD in deciding whether to acquire and continue to hold the new units.

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