AGENCY:

Securities and Exchange Commission (“Commission” or “SEC”).

ACTION:

Notice.

Notice of application for an order under sections 17(d) and 57(i) of the Investment Company Act of 1940 (the “Act”) and rule 17d-1 under the Act to permit certain joint transactions otherwise prohibited by sections 17(d) and 57(a)(4) of the Act and rule 17d-1 under the Act.

Summary of Application:

Applicants request an order to permit certain business development companies (“BDCs”) and closed-end management investment companies to co-invest in portfolio companies with each other and with certain affiliated investment entities.

Applicants:

PCM Fund, Inc.; PIMCO Corporate & Income Opportunity Fund; PIMCO Corporate & Income Strategy Fund; PIMCO Dynamic Income Fund; PIMCO Dynamic Income Opportunities Fund; PIMCO Dynamic Income Strategy Fund; PIMCO Global StocksPLUS® & Income Fund; PIMCO High Income Fund; PIMCO Income Strategy Fund; PIMCO Income Strategy Fund II; PIMCO Strategic Income Fund, Inc.; PIMCO Access Income Fund; PIMCO California Municipal Income Fund; PIMCO Municipal Income Fund II; PIMCO New York Municipal Income Fund II; PIMCO Flexible Credit Income Fund; PIMCO Flexible Municipal Income Fund; PIMCO Flexible Emerging Markets Income Fund; PIMCO Flexible Real Estate Income Fund; PIMCO California Flexible Municipal Income Fund; PIMCO Capital Solutions BDC Corp.; PIMCO Asset-Based Lending Company LLC; PIMCO Investments LLC; Pacific Investment Management Company LLC; and certain of their affiliated entities as described in Schedule A to the application.

Filing Dates:

The application was filed on November 25, 2025, and amended on April 28, 2026.

Hearing or Notification of Hearing:

An order granting the requested relief will be issued unless the Commission orders a hearing. Interested persons may request a hearing on any application by emailing the SEC's Secretary and serving the Applicants with a copy of the request by email, if an email address is listed for the relevant Applicant below, or personally or by mail, if a physical address is listed for the relevant Applicant below. The email should include the file number referenced above. Hearing requests should be received by the Commission by 5:30 p.m., Eastern time, on May 25, 2026, and should be accompanied by proof of service on the Applicants, in the form of an affidavit or, for lawyers, a certificate of service. Pursuant to rule 0-5 under the Act, hearing requests should state the nature of the writer's interest, any facts bearing upon the desirability of a hearing on the matter, the reason for the request, and the issues contested. Persons who wish to be notified of a hearing may request notification by emailing the Commission's Secretary at Secretarys-Office@sec.gov.

ADDRESSES:

The Commission: Secretarys-Office@sec.gov. Applicants: Ryan G. Leshaw, Ryan.Leshaw@pimco.com; David C. Sullivan, David.Sullivan@ropesgray.com; Michael G. Doherty, Michael.Doherty@ropesgray.com; and Jimena Smith, Jimena.Smith@ropesgray.com.

FOR FURTHER INFORMATION CONTACT:

Thomas Ahmadifar, Branch Chief, or Toyin Momoh, Senior Counsel, at (202) 551-6825 (Division of Investment Management, Chief Counsel's Office).