(PUB) Investing 2015

45

Current Portfolio Style

Costs

Operations

Current

Cat Avg

Bond Style

Avg

Avg

Credit Quality Breakdown

Turn- over

Recent Composition

Sales

Total

Duration Duration Credit (% of Bonds)

(% of Assets)

Charge Expense

Assets

Box

Years

Years

Quality High

Mid

Low Other

%

Cash Stock Bond Other %

Ratio%

NAV($) ($Mil)

Portfolio Manager (Tenure Years)

— 0

3.8 — 4.6 3.9 3.7 4.1 3.8 4.6 0.2 6.8 4.1 3.5 0.3 — — 4.7 1.4 1.3 4.3 6.6 4.6 7.5 7.3 2.5 0.7 5.7 4.4 4.9 2.7 6.8 7.1 — — 5.4 7.9 6.2 2.8 4.8 6.3 4.8 6.3 2.5 1.0 -0.2 6.9 5.2 -0.1 5.7 7.3

— 3.8 3.8 3.8 3.8 3.8 3.8 3.8 — 5.3 3.8 5.3 0.4 0.4 5.2 3.8 1.4 1.4 3.8 5.3 5.2 5.3 5.3 3.8 1.4 5.3 3.8 5.3 3.8 — 5.0 5.0 5.0 2.6 7.1 7.1 7.1 7.3 5.0 7.3 7.1 2.6 5.0 5.0 5.0 7.1 2.6 2.6 5.3

B B B B B

3 4 0 8 7

5 2 5 3 7

89 93 93 85 84 — 92 92 32 16 93 87 46 50 11 26 32 — — — — 8 6 7

3 1 2 4 2 3 1 1 3 0 3 4 3 6

77 37 44 71 61 39 59 35

4 3 3

1 0 2 1 0 0 1 1 2 0 8 0 0 0 0 1 0 9 6 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0

94 95 90 88 75 94 89 92 67 96 93 90 90 97 82 90 58 64 87 92 39 26 6 96 92 95 89 87 99 99 98 99 98 99 87 98 97 94 99 91 78 -10 93 80 47 6 95

1 2 5 2 7 3 5 5

— NL

1.07

— 1,325 —

0.72 8.22 0.95 11.47 0.87 8.16 0.85 9.29 0.9 8.67

SPHIX

4,520 Fred Hoff (15.5) 2,356 Management Team 2,031 Smith/Watters (11.9/7.4) 1,144 Management Team 9,396 Andrew Jessop (5.8)

HWHAX 6 JAHYX 6 MWHYX 6 PHYDX 0 PRHYX 3 VWEHX 6

3.75

9

NL NL NL

17

—

—

—

—

3

B B

3 3

2 4

5 2

Clsd

0.74 6.34

9,454 Mark Vaselkiv (19.4)

0.23 5.69 17,683 Michael Hong (7.7)

NL

—

—

5

5

35

18

13

—

1.17

— 1,343 —

CWBFX 8

BBB

42

48 19 61

185

2 3 3 3

2

3.75 4.75

0.93 18.99 12,482 Management Team

6

CCVIX

B

0

49

68 36 34 54

83

1.11 16.59 0.6 9.83 0.99 8.82

1,116 Management Team 69 Management Team 8,385 Page/Russ (14.8/8.0)

DODLX 2

BBB

23

3 7 0

NL

3 0

EVBLX FFRHX

B B

0 5

4 4

2.25

0.69 9.27 10,358 Eric Mollenhauer (2.7)

10

NL

FNMIX 0

0.9 14.99 0.69 10.32 0.56 10.02

BB BB BB BB BB — — — —

15 27 78 11 27 35 — — — — — 35 39 24 18 50 97 61 61 59 64 70 35 54 35 67 42 34 75 67 74 78 0 50 6

36 18

146 118

3 7 9

0

NL NL NL NL NL NL NL NL NL NL NL NL NL

4,168 John Carlson (20.4) 7,633 Management Team

6 3

FSICX FPNIX

10

0

10

97

1 0

5,614 Atteberry/Patwardhan (11.0/0.0)

JUCDX 3

56 33 55 — — — — — 57 30 56

8 8

107

33 19

0.96

9.5

1,391 Gross/Palghat (1.1/0.4)

6 8 0 0

LSBRX

26

11

0.91 13.69 18,859 Management Team

LSGLX PELBX PFBDX

BBB

2

143

7 3

6 5 1

0.98 14.68 0.9 6.86 0.9 9.07 0.9 10.71

1,709 Management Team 6,020 Michael Gomez (8.9) 1,504 Management Team 8,101 Management Team

— — — —

60

312 317 164

59 64

PFODX 0 PONDX 0 PUBDX 0

10

-9

0 103

7

0.79 12.15 51,177 Ivascyn/Murata (8.7/2.7)

—

—

—

270

105

5 4 2 3

1.3 10.68 0.83 8.21 0.67 12.19

6,918 Management Team 5,192 Husain/Rothery (1.9/3.1) 6,103 Charles Shriver (4.6)

8 6 0 8 — 5 5 2 5 8 0 0 9 5 2 5

RPIBX RPSIX TPINX

BBB

5

2 2 0

73 20 43 85

3 5

BB BB

30 20 25

12

50

4.25 Clsd

0.9 11.97 58,810 Desai/Hasenstab (4.9/13.9)

VCVSX 6

0.41 12.67

B

7

68

3

91

1,741 Management Team

0.23 10.61 50,501 Barrickman/Pu (2.5/2.5)

VTIBX

A

50

0

0

16

3

2

NL

—

6

0 4 0 1 0 1 1 2 1 0 2 7 1 1 1 0 2

0 5 0 2 4 2 2 0 6 2 4 1 1 7 1 2 1 2

9

5 7 5

-1

—

0.86

— 1,659 —

AFTEX

BBB

41

14

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

3.75

0.54 13.03 10,718 Management Team

BMBIX 1

0.3 11.73 0.37 10.48 0.48 10.64 0.47 13.45

AA

3

5

NL NL NL NL

1,147 Management Team 5,567 Management Team 3,842 Management Team 5,719 Management Team

FLTMX FSTFX FHIGX FTABX FKTIX FRHIX

A A A A A

36 34 38 34 28 49 42 58 60 32 54 52 23 30 25 20

17 21

11 13

9

1

0.46 11.63

5 5 8 6 4

1 2 1 2 0

NL

2,944 Management Team

4.25 4.25

0.62 12.36 10,761 Management Team

BBB

11

0.65 10.47 0.5 11.95 0.69 11.89 0.51 10.33 0.49 5.63 0.55 13.46 0.2 11.25

8,168 Management Team 3,860 Charles Hill (22.1) 3,336 James Murphy (14.8) 2,515 Konstantine Mallas (8.4) 2,109 Charles Hill (20.8) 4,022 Regina Shafer (12.5) 9,135 Mathew Kiselak (5.3)

PRSMX 5

A

NL NL NL NL NL NL NL NL NL NL

PRFHX

BB

15

20

PRTAX PRFSX USATX

A A A

8

0

0 100

19

13

4

2 3 6 1 9

VWAHX 5

BBB

28 12 21 15 27

5

0.2 14.2 45,263 James D’Arcy (2.4)

VWITX

A

VWLTX 5 VMLTX 1 VWSTX 1

0.2 11.69

A

9,107 Mathew Kiselak (5.3)

0.2 11.02 21,198 Marlin Brown (7.7)

AA AA

0.2 15.8 12,372 Pamela Wisehaupt Tynan (18.9)

22

Fixed Income Style Box Ltd ModExt

PIMCO funds typically have large positions in futures and other derivatives that require that they hold an offsetting amount in bonds and cash. As a result, the composition figures for PIMCO funds can be confusing. We are working with PIMCO to get figures that better reflect the fund’s true exposure levels. PIMCO Composition Figures

Bold # ! Cheapest Quintile