NEW YORK, July 19, 2007 (PRIME NEWSWIRE) -- PIMCO Corporate Income Fund (NYSE:PCN), PIMCO Corporate Opportunity Fund (NYSE:PTY), PIMCO High Income Fund (NYSE:PHK), PIMCO Floating Rate Income Fund (NYSE:PFL) and PIMCO Floating Rate Strategy Fund (NYSE:PFN) (collectively the "Funds") announced today that a conference call with the Funds' Portfolio Managers from Pacific Investment Management Company LLC ("PIMCO") will be held on Tuesday, July 24, 2007, at 4:15 PM ET to discuss the recent market environment for the Funds.
The following PIMCO investment professionals will be participating in the call: Mark Kiesel, who is an Executive Vice President and Senior Member of the Investment Strategy and Portfolio Management Group at PIMCO and the Portfolio manager for PTY and PCN; Mark Hudoff, also an Executive Vice President, who oversees PIMCO's global high-yield products and is the portfolio manager for PHK; and Rudy Pimentel, who is a Vice President at PIMCO and Product manager for the Funds.
The dial-in number for the call is (800) 805-3092, and the pass code is 10614563. The call will be available for replay for 4 weeks. The replay number is (800) 642-1687 and the replay pass code is 10614563.
Allianz Global Investors Fund Management LLC, an indirect, wholly-owned subsidiary of Allianz Global Investors of America L.P., serves as the Funds' investment manager and is a member of Munich-based Allianz Group (NYSE:AZ). PIMCO, an Allianz Global Investors Fund Management affiliate, serves as the Funds' sub-adviser.
The Funds' daily New York Stock Exchange closing price, the latest available net asset value per share as well as other information is available by calling the Funds' shareholder servicing agent at 1-800-331-1710. In addition, this information plus updated portfolio statistics and performance is available at http://www.allianzinvestors.com/closedendfunds.
Statements made in this release that look forward in time involve risks and uncertainties and are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Funds' performance, a general downturn in the economy, competition from other investment companies, changes in government policy or regulation, inability to attract or retain key employees, inability to implement its operating strategy and/or acquisition strategy, and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.