Pimco delays funds' name, investment policy changes because of error

By Tali David

Minneapolis, Nov. 23 - Pimco Corporate Income Fund and Pimco Corporate Opportunity Fund announced that changes to the funds' names and investment policies will take effect on Feb. 1, 2012.

The effective date for the changes has been extended from the previously announced date of Dec. 1, because of an administrative error, Pimco said. The notification of the changes was not mailed to all shareholders as required by law.

As previously announced, Pimco Corporate Income Fund will change its name to Pimco Corporate & Income Strategy Fund and Pimco Corporate Opportunity Fund will change its name to Pimco Corporate & Income Opportunity Fund.

Pimco is an investment management firm based in Newport Beach, Calif.

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