As filed with the Securities and Exchange Commission on August 31, 1999
File Nos. 33-12113
811-5028
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
Registration Statement Under The Securities Act Of 1933 /x/
Post-Effective Amendment No. 49 /x/
and/or
Registration Statement Under The Investment Company Act Of 1940 /x/
Amendment No. 53 /x/
PIMCO Funds
(Exact Name of Registrant as Specified in Charter)
840 Newport Center Drive
Newport Beach, California 92660
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code
(949) 720-6533
Robert W. Helm, Esq. R. Wesley Burns
Dechert Price & Rhoads Pacific Investment Management Company
1775 Eye Street, N.W. 840 Newport Center Drive
Washington, D.C. 20006 Newport Beach, California 92660
(Name and Address of Agent for Service)
It is proposed that this filing will become effective (check appropriate box):
/x/ Immediately upon filing pursuant to paragraph (b)
/ / on (date) pursuant to paragraph (b)
/ / 60 days after filing pursuant to paragraph (a)(1)
/ / on (date) pursuant to paragraph (a)(2)
/ / 75 days after filing pursuant to paragraph (a)(2) of Rule 485
If appropriate, check the following box:
/ / This post-effective amendment designated a new effective date for a
previously filed post-effective amendment.
<PAGE>
EXPLANATORY NOTE
The purpose of this Post-Effective Amendment is to file as an exhibit an opinion
and consent of counsel. The prospectuses and Statement of Additional Information
pertaining to the PIMCO Low Duration Municipal Bond, California Intermediate
Municipal Bond and New York Intermediate Municipal Bond Funds, each of which is
a new series of PIMCO Funds: Pacific Investment Management Series (the "Trust"),
are incorporated herein by reference from Post-Effective Amendment No. 46 to the
Registration Statement of the Trust, which was filed on June 17, 1999.
This amendment does not affect the following prospectuses, each of which is
incorporated herein by reference from Post-Effective Amendment No. 48 to the
Registration Statement of the Trust, which was filed on August 4, 1999: (1) the
Institutional and Administrative Class Prospectus, dated August 1, 1999, for the
PIMCO Money Market, Short-Term, Low Duration, Low Duration II, Low Duration III,
Low Duration Mortgage, Moderate Duration, Real Return Bond, Total Return, Total
Return II, Total Return III, Total Return Mortgage, High Yield, Long-Term U.S.
Government, Long Duration, Global Bond, Global Bond II, Foreign Bond,
International Bond, Emerging Markets Bond, Emerging Markets Bond II, Municipal
Bond, Strategic Balanced, Convertible Bond and StocksPLUS Funds; (2) the Class
A, B and C Prospectus, dated August 1, 1999, for the PIMCO Money Market,
Short-Term, Low Duration, Real Return Bond, Total Return, High Yield, Long-Term
U.S. Government, Global Bond II, Foreign Bond, Emerging Markets Bond, Municipal
Bond, Strategic Balanced, Convertible Bond and StocksPLUS Funds; (3) the Class D
Prospectus, dated August 1, 1999, for the PIMCO Short-Term, Low Duration, Real
Return Bond, Total Return, Total Return Mortgage, High Yield, Foreign Bond,
Municipal Bond, Strategic Balanced and StocksPLUS Funds; (4) the Class J and
Class K Supplement dated August 1, 1999 to the Institutional and Administrative
Class Prospectus dated August 1, 1999; (5) the Supplement to Institutional
Prospectus relating to the Commercial Mortgage Securities and StocksPLUS Short
Strategy Funds; (6) the Supplement to the Class A, B and C prospectus relating
to the Money Market, Total Return II and Total Return III Funds; also (7) the
Supplement to the Class D prospectus relating to the Total Return II and Total
Return III Funds. This amendment also does not affect the Total Return Fund
Class A prospectus and the Statement of Additional Information for the Money
Market, Short-Term, Low Duration, Low Duration II, Low Duration III, Low
Duration Mortgage, Moderate Duration, Real Return Bond, Total Return, Total
Return II, Total Return III, Total Return Mortgage, High Yield, Long-Term U.S.
Government, Long Duration, Global Bond, Global Bond II, Foreign Bond,
International Bond, Emerging Markets Bond, Emerging Markets Bond II, Municipal
Bond, Strategic Balanced, Convertible Bond, StocksPLUS, Commercial Mortgage
Securities and StocksPLUS Short Strategy Funds, each dated August 1, 1999, as
filed by the Trust pursuant to Rule 497(c) on August 11, 1999, each of which is
incorporated herein by reference.
<PAGE>
PART C. OTHER INFORMATION
Item 23. Exhibits
(a) (1) Declaration of Trust of Registrant/7/
(2) Form of Amended and Restated Establishment and Designation of
Series of Shares of Beneficial Interest/8/
(3) Form of Establishment and Designation of Series of Shares of
Beneficial Interest Relating to Long Duration Fund/11/
(4) Form of Establishment and Designation of Series of Shares of
Beneficial Interest Relating to Convertible Bond Fund/12/
(5) Form of Establishment and Designation of Series of Shares of
Beneficial Interest Relating to Low Duration Municipal Bond,
California Intermediate Municipal Bond and New York Intermediate
Municipal Bond Funds/15/
(6) Form of Establishment and Designation of Class J and Class K and
of the PIMCO Loan Obligation Fund/16/
(b) Form of By-laws of Registrant/7/
(c) Not applicable
(d) (1) Form of Investment Advisory Contract/7/
(2) Form of Amendment to Investment Advisory Contract/7/
(3) Form of Supplement to Investment Advisory Contract Relating to
StocksPLUS Short Strategy Fund/2/
(4) Form of Supplement to Investment Advisory Contract Relating to
Balanced Fund/3/
(5) Form of Supplement to Investment Advisory Contract Relating to
Global Bond Fund II/5/
(6) Form of Supplement to Investment Advisory Contract Relating to
Real Return Bond Fund/5/
(7) Form of Supplement to Investment Advisory Contract Relating to
Low Duration Mortgage Fund, Total Return Mortgage Fund, Emerging
Markets Bond Fund, and Emerging Markets Bond Fund II/6/
(8) Form of Supplement to Investment Advisory Contract Relating to
Municipal Bond Fund /9/
(9) Form of Supplement to Investment Advisory Contract Relating to
Long Duration Fund/11/
(10) Form of Supplement to Investment Advisory Contract Relating to
Convertible Bond Fund/13/
(11) Form of Supplement to Investment Advisory Contract Relating to
Low Duration Municipal Bond, California Intermediate Municipal
Bond and New York Intermediate Municipal Bond Funds/15/
(e) (1) Form of Amended and Restated Distribution Contract/14/
(2) Form of Supplement to Amended and Restated Distribution Contract
Relating to Low Duration Municipal Bond, California Intermediate
Municipal Bond and New York Intermediate Municipal Bond Funds/15/
(3) Form of Japan Dealer Sales Contract/14/
(f) Not applicable
(g) Form of Custody and Investment Accounting Agreement/14/
(h) (1) Form of Amended and Restated Administration Agreement /9/
(2) Form of Supplement to Amended and Restated Administration
Agreement relating to Long Duration Fund/11/
(3) Form of Supplement to Amended and Restated Administration
Agreement Relating to Convertible Bond Fund/13/
(4) Form of Supplement to Amended and Restated Administration
Agreement Relating to Class J and Class K Shares/14/
(5) Form of Supplement to Amended and Restated Administration
Agreement Relating to Low Duration Municipal Bond, California
Intermediate Municipal Bond and New York Intermediate Municipal
Bond Funds/15/
(6) Form of Shareholder Servicing Agreement/9/
(7) Form of Transfer Agency Agreement/7/
(8) Form of Transfer Agency Agreement with Shareholder Services,
Inc./1/
(i) Opinion and Consent of Counsel
(j) Not applicable
(k) Not applicable
(l) Not applicable
(m) (1) Form of Distribution and Servicing Plan for Class A Shares/4/
(2) Form of Distribution and Servicing Plan for Class B Shares/4/
(3) Form of Distribution and Servicing Plan for Class C Shares/4/
(4) Form of Amended and Restated Distribution Plan for Administrative
Class Shares/7/
(5) Form of Amended and Restated Administrative Services Plan for
Administrative Class Shares/7/
(6) Form of Distribution and Servicing Plan for Class J Shares/14/
(7) Form of Distribution and Servicing Plan for Class K Shares/14/
(n) Not applicable
(o) Form of Amended and Restated Multi-Class Plan adopted pursuant to Rule
18f-3 /14/
_________________________
/1/ Filed with Post Effective Amendment No. 33 to the Registration
Statement of PIMCO Advisors Funds (File No. 2-87203) on November 30,
1995.
/2/ Filed with Post-Effective Amendment No. 27 on January 16, 1996.
/3/ Filed with Post-Effective Amendment No. 28 on April 1, 1996.
/4/ Filed with Registration Statement on Form N-14 (File No. 333-12871) on
September 27, 1996.
/5/ Filed with Post Effective Amendment No. 33 on January 13, 1997.
/6/ Filed with Post-Effective Amendment No. 36 on July 11, 1997.
/7/ Filed with Post-Effective Amendment No. 37 on November 17, 1997.
/8/ Filed with Post-Effective Amendment No. 39 on January 15, 1998.
/9/ Filed with Post-Effective Amendment No. 40 on March 13, 1998.
/10/ Filed with Post-Effective Amendment No. 41 on July 31, 1998.
/11/ Filed with Post-Effective Amendment No. 42 on September 11, 1998.
/12/ Filed with Post-Effective Amendment No. 43 on January 15, 1999.
/13/ Filed with Post-Effective Amendment No. 44 on April 2, 1999.
/14/ Filed with Post-Effective Amendment No. 45 on May 26, 1999.
/15/ Filed with Post-Effective Amendment No. 46 on June 17, 1999.
/16/ Filed with Post-Effective Amendment No. 48 on August 4, 1999.
Item 24. Persons Controlled by or Under Common Control With Registrant
No person is controlled by or under common control with the
Registrant.
Item 25. Indemnification
Reference is made to Article IV of the Registrant's Declaration of
Trust, which was filed with the Registrant's initial Registration
Statement.
Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to trustees, officers and
controlling persons of the Registrant by the Registrant pursuant to
the Declaration of Trust or otherwise, the Registrant is aware that in
the opinion of the Securities and Exchange Commission, such
indemnification is against public policy as expressed in the Act and,
public policy as expressed in the Act and, therefore, is
unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Registrant of expenses
incurred or paid by trustees, officers or controlling persons of the
Registrant in connection with the successful defense of any act, suit
or proceeding) is asserted by such trustees, officers or controlling
persons in connection with the shares being registered, the Registrant
will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Act and will be governed by
the final adjudication of such issues.
Item 26. Business and Other Connections of Investment Adviser
The directors and officers of PIMCO and their business and other
connections are as follows:
<TABLE>
<CAPTION>
Name Business and Other Connections
<S> <C>
Allan, George C. Senior Vice President, PIMCO and PIMCO Management, Inc.
Ariza, Jr., Augustine Vice President, PIMCO and PIMCO Management, Inc.
Arnold, Tamara J. Senior Vice President, PIMCO and PIMCO Management, Inc.
Asay, Michael R. Senior Vice President, PIMCO and PIMCO Management, Inc.
Baker, Brian P. Vice President, PIMCO and PIMCO Management, Inc.
Barbi, Leslie A. Executive Vice President, PIMCO and PIMCO Management, Inc.
Beaumont, Stephen B. Vice President, PIMCO and PIMCO Management, Inc.
Benz, William R. II Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Member of PIMCO Partners LLC.
Bishop, Gregory A. Vice President, PIMCO and PIMCO Management, Inc.
Brynjolfsson, John B. Senior Vice President, PIMCO and PIMCO Management, Inc.
Burns, R. Wesley Managing Director, PIMCO and PIMCO Management, Inc.; President and Trustee
of the Trust and PIMCO Variable Insurance Trust; President and Director of
PIMCO Commercial Mortgage Securities Trust, Inc.; Executive Vice President,
PIMCO Funds: Multi-Manager Series; Director, PIMCO Advisors Funds plc.
Callin, Sabrina C. Vice President, PIMCO and PIMCO Management, Inc.
Clark, Marcia K. Vice President, PIMCO and PIMCO Management, Inc.
Cohen, Carl J. Vice President, PIMCO and PIMCO Management, Inc.
Coleman, Jerry Vice President, PIMCO and PIMCO Management, Inc.
Cummings, Doug Vice President, PIMCO and PIMCO Management, Inc.
Cupps, Wendy W. Senior Vice President, PIMCO and PIMCO Management, Inc.
Dialynas, Chris Managing Director, PIMCO and PIMCO Management, Inc.
Dorff, David J. Vice President, PIMCO and PIMCO Management, Inc.
Dow, Michael Senior Vice President, PIMCO, PIMCO Management, Inc. and the Trust.
Dunn, Anita Vice President, PIMCO and PIMCO Management, Inc.
Durn, Sandra Vice President, PIMCO
Ehlert, A. Benjamin Executive Vice President, PIMCO and PIMCO Management, Inc.
Ettl, Robert A. Executive Senior Vice President, PIMCO and PIMCO Management, Inc.
Evans, Stephanie D. Vice President, PIMCO and PIMCO Management, Inc.
Faillace, Anthony L. Vice President, PIMCO and PIMCO Management, Inc.
Fitzgerald, Robert M. Chief Financial Officer and Treasurer, PIMCO, PIMCO Management, Inc.,
Cadence Capital Management, Inc., NFJ Investment Group, NFJ Management,
Inc., Parametric Portfolio Associates, Parametric Management Inc.,
StocksPLUS Management Inc. and PIMCO Funds Distributors LLC; Chief Financial
Officer and Assistant Treasurer, Cadence Capital Management; Chief Financial
Officer and Treasurer, Columbus Circle Investors and Columbus Circle
Investors Management Inc.; Chief Financial Officer, Columbus Circle Trust
Company; Director, Senior Vice President and Chief Financial Officer,
Oppenheimer Group, Inc.; Chief Financial Officer and Senior Vice President,
PIMCO Advisors; Director, Senior Vice President and Chief Financial Officer,
PIMCO Global Advisors LLC.
Foulke, Steve A. Vice President, PIMCO and PIMCO Management, Inc.
Garbuzov, Yuri P. Vice President, PIMCO and PIMCO Management, Inc.
Gross, William H. Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Director and Vice President, StocksPLUS Management, Inc.; Senior Vice
President of the Trust and PIMCO Variable Insurance Trust; Member of
Management Board, PIMCO Advisors; Member of PIMCO Partners LLC.
Hague, John L. Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Member of PIMCO Partners LLC.
Hally, Gordon C. Executive Vice President, PIMCO and PIMCO Management, Inc.
Hamalainen, Pasi M. Executive Vice President, PIMCO and PIMCO Management, Inc.
Hardaway, John P. Senior Vice President, PIMCO and PIMCO Management, Inc.; Treasurer of the
Trust, PIMCO Variable Insurance Trust, PIMCO Funds: Multi-Manager Series and
PIMCO Commercial Mortgage Securities Trust, Inc.
Harris, Brent R. Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Director and Vice President, StocksPLUS Management, Inc.; Trustee and
Chairman of the Trust and PIMCO Commercial Mortgage Securities Trust, Inc.;
Member of Management Board, PIMCO Advisors; Chairman, PIMCO Variable
Insurance Trust; Member of PIMCO Partners LLC.
Hattesohl, Joseph D. Vice President, PIMCO and PIMCO Management, Inc. Assistant Treasurer, the
Trust, PIMCO Variable Insurance Trust, PIMCO Funds: Multi-Manager Series and
PIMCO Commercial Mortgage Securities Trust, Inc.
Hayes, Raymond C. Vice President, PIMCO, PIMCO Management, Inc. and the Trust.
Herin, Robert G. Vice President, PIMCO and PIMCO Management, Inc.
Hinman, David C. Senior Vice President, PIMCO and PIMCO Management, Inc.
Hocson, Liza Vice President, PIMCO and PIMCO Management, Inc.
Hodge, Douglas M. Executive Vice President, PIMCO and PIMCO Management, Inc.
Holden, Brent L. Executive Vice President, PIMCO and PIMCO Management, Inc.
Holloway, Dwight F., Jr. Senior Vice President, PIMCO and PIMCO Management, Inc.
Hudoff, Mark Senior Vice President, PIMCO and PIMCO Management, Inc.
Isberg, Margaret E. Managing Director, PIMCO and PIMCO Management, Inc.; Senior Vice President
of the Trust.
Kelleher, Thomas J. Vice President, PIMCO and PIMCO Management, Inc.
Keller, James M. Senior Vice President, PIMCO, PIMCO Management, Inc. and the Trust.
Kennedy, Raymond G. Senior Vice President, PIMCO and PIMCO Management, Inc.
Kiesel, Mark R. Vice President, PIMCO and PIMCO Management, Inc.
Kilmer, Sharon Executive Vice President, PIMCO and PIMCO Management, Inc.
Kirkbaumer, Steven P. Vice President, PIMCO and PIMCO Management, Inc.
Larsen, Henrik P. Vice President, PIMCO Commercial Mortgage Securities Trust, Inc., PIMCO
Variable Insurance Trust, and the Trust.
Loftus, John S. Executive Vice President, PIMCO and PIMCO Management, Inc.; Vice President
and Assistant Secretary, StocksPLUS Management, Inc.
Lown, David Vice President, PIMCO and PIMCO Management, Inc.
Ludwig, Daniel T. Vice President of Trust
Lyon, Laura, M. Vice President, PIMCO and PIMCO Management, Inc.
Mallegol, Andre J. Vice President, PIMCO and PIMCO Management, Inc.
Martin, Scott W. Vice President, PIMCO and PIMCO Management, Inc.
Martini, Michael E. Vice President, PIMCO and PIMCO Management, Inc.
Mather, Scott A. Senior Vice President, PIMCO
Mayer, Benjamin L. Vice President, PIMCO and PIMCO Management, Inc.
McDevitt, Joseph E. Executive Vice President, PIMCO and PIMCO Management, Inc.; Director and
Chief Executive Officer, PIMCO Global Advisors (Europe) Limited.
Metsch, Mark E. Vice President, PIMCO and PIMCO Management, Inc.
Molloy, Marie Vice President, PIMCO and PIMCO Management, Inc.
Muzzy, James F. Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Director and Vice President, StocksPLUS Management, Inc.; Member of
PIMCO Partners LLC; Vice President of the Trust.
Nakamura, Doris S. Vice President, PIMCO and PIMCO Management, Inc.
Nellemann, Mark D. Vice President, PIMCO and PIMCO Management, Inc.
Nguyen, Vinh T. Controller, PIMCO; Vice President and Controller, PIMCO Advisors, Columbus
Circle Investors Management, Inc., Cadence Capital Management, Inc., NJF
Management, Inc., Parametric Management, Inc., StocksPLUS Management, Inc.,
PIMCO Funds Distributors LLC, PIMCO Management, Inc., PIMCO Global Advisors
LLC.
Ongaro, Douglas J. Vice President, PIMCO, PIMCO Management, Inc. and the Trust.
Otterbein, Thomas J. Senior Vice President, PIMCO and PIMCO Management, Inc.
Palghat, Kumar N. Vice President, PIMCO and PIMCO Management, Inc.
Paradis, Victoria M. Vice President, PIMCO and PIMCO Management, Inc.
Perez, Keith Vice President, PIMCO and PIMCO Management, Inc.
Philipp, Elizabeth M. Vice President, PIMCO and PIMCO Management, Inc.
Pittman, David J. Vice President, PIMCO, PIMCO Management, Inc. and the Trust.
Podlich, William F. III Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Member of Management Board, PIMCO Advisors; Member of PIMCO Partners
LLC.
Powers, William C. Managing Director, PIMCO; Director and Managing Director, PIMCO Management,
Inc.; Senior Vice President, PIMCO Commercial Mortgage Securities Trust,
Inc.; Member of PIMCO Partners LLC.
Randall, Terry A. Vice President, PIMCO and PIMCO Management, Inc.
Romano, Mark Vice President, PIMCO, PIMCO Management, Inc. and the Trust
Roney, Scott L. Senior Vice President, PIMCO and PIMCO Management, Inc.; Director and Chief
Executive Officer, PIMCO Global Advisors (Japan) Limited.
Rosborough, Michael J. Senior Vice President, PIMCO and PIMCO Management, Inc.
Rowe, Cathy T. Vice President, PIMCO and PIMCO Management, Inc.
Ruthen, Seth R. Vice President, PIMCO and PIMCO Management, Inc.
Sargent, Jeffrey M. Vice President, PIMCO, PIMCO Management, Inc. and PIMCO Funds: Multi-Manager
Series; Senior Vice President of the Trust, PIMCO Variable Insurance Trust,
PIMCO Commercial Mortgage Securities Trust, Inc.
Schmider, Ernest L. Executive Vice President, Secretary, Chief Administrative and Legal Officer,
PIMCO and PIMCO Management, Inc.; Secretary, PIMCO Partners LLC; Director,
Assistant Secretary and Assistant Treasurer, StocksPLUS Management, Inc.;
Senior Vice President, PIMCO Advisors.
Scholey, Leland T. Senior Vice President, PIMCO, PIMCO Management, Inc. and the Trust.
Schulist, Stephen O. Vice President, PIMCO and PIMCO Management, Inc.
Scibisz, Iwona E. Vice President, PIMCO and PIMCO Management, Inc.
Selby, Richard W. Senior Vice President, PIMCO and PIMCO Management, Inc.
Seliga, Denise C. Vice President, PIMCO and PIMCO Management, Inc.
Seymour, Rita J. Vice President, PIMCO and PIMCO Management, Inc.
Sullivan, Christopher Vice President, PIMCO and PIMCO Management, Inc.
Sylwester, Cheryl L. Vice President, PIMCO and PIMCO Management, Inc.
Theodore, Kyle, J. Vice President, PIMCO and PIMCO Management, Inc.
Thomas, Lee R. Director and Managing Director, PIMCO and PIMCO Management, Inc.; Member
PIMCO Partners LLC.
Thompson, William S. Jr. Chief Executive Officer and Managing Director, PIMCO; Director, Managing
Director and Chief Executive Officer, PIMCO Management, Inc.; Director and
President, StocksPLUS Management, Inc.; Senior Vice President of PIMCO
Variable Insurance Trust; Vice President of the Trust and PIMCO Commercial
Mortgage Securities Trust, Inc.; Member of Management Board, PIMCO Advisors;
Member, President and Chief Executive Officer of PIMCO Partners LLC;
President and Chief Executive Officer, PIMCO Partners GP.
Trinidad, Ronaele K. Vice President, PIMCO and PIMCO Management, Inc.
Trosky, Benjamin L. Managing Director and Management Board Member, PIMCO; Director and Managing
Director, PIMCO Management, Inc.; Senior Vice President, PIMCO Commercial
Mortgage Securities Trust, Inc.; Member of Management Board, PIMCO Advisors;
Member of PIMCO Partners LLC.
Tyson, Richard E. Vice President, PIMCO and PIMCO Management, Inc.
Van de Zilver, Peter A. Vice President, PIMCO and PIMCO Management, Inc.
Wegener, Marilyn Vice President, PIMCO and PIMCO Management, Inc.
Weil, Richard M. Assistant Secretary, PIMCO, PIMCO Management, Inc., Columbus Circle
Investors, Columbus Circle Investors Management, Inc., Cadence Capital
Management, and PIMCO Funds Distributors LLC; General Counsel, PIMCO
Advisors; Secretary, Cadence Capital Management, Inc. NFJ Management, Inc.,
Parametric Management, Inc., NFJ Investment Group, Parametric Portfolio
Associates, and StocksPLUS Management, Inc.; Vice President, PIMCO Funds:
Multi-Manager Series; Senior Vice President Legal and Secretary, PIMCO
Global Advisors LLC.
Westhead, Paul C. Vice President, PIMCO and PIMCO Management, Inc.
Wood, George H. Executive Vice President, PIMCO and PIMCO Management, Inc.
Yetter, Michael A. Senior Vice President, PIMCO and PIMCO Management, Inc.
Young, David Vice President, PIMCO.
</TABLE>
The address of PIMCO is 840 Newport Center Drive, Newport Beach, CA 92260.
The address of PIMCO Advisors L.P. is 800 Newport Center Drive, Newport Beach,
CA 92660.
The address of PIMCO Funds Distributors LLC is 2187 Atlantic Street, Stamford,
CT 06902.
Item 27. Principal Underwriters
(a) PIMCO Funds Distributors LLC (the "Distributor") serves as Distributor of
Shares of the Trust. The Distributor also acts as the principal underwriter
for PIMCO Funds: Multi-Manager Series. The Distributor is a wholly-owned
subsidiary of PIMCO Advisors.
(b)
<TABLE>
<CAPTION>
Name and Principal Positions and Offices Positions and Offices
Business Address* with Underwriter with Registrant
<S> <C> <C>
Aartz, Erik M. Vice President None
Booth, Jeffrey L. Vice President None
Bosch, James D. Regional Vice President None
Brennan, Deborah P. Vice President, Compliance Officer None
Burnham, Chris Vice Chairmant None
Clark, Timothy R. Senior Vice President None
Fessel, Jonathan P. Vice President None
Fitzgerald, Robert M. Chief Financial Officer and Treasurer None
Gallagher, Michael J. Regional Vice President None
Goldsmith, David S. Vice President None
Gray, Ronald H. Vice President None
Hussey, John B. Regional Vice President None
Jobe, Stephen R. Vice President None
Jones, Jonathan C. Vice President None
Lazcano, Raymond Vice President None
Lynch, William E. Senior Vice President None
McCarthy, Jacqueline A. Vice President None
Maloney, Kevin D. Compliance Officer None
Meyers, Andrew J. Executive Vice President None
Moyer, Fiora N. Regional Vice President None
Neugebauer, Phil J. Vice President None
Nguyen, Vinh T. Vice President, Controller None
Pearlman, Joffrey H. Regional Vice President None
Russell, Mathew M. Vice President None
Schott, Newton B., Jr. Executive Vice President/ Secretary, None
Chief Administrative/ Legal Officer
and Secretary
Smith, Robert M. Vice President None
Spear, Ellen Z. Vice President None
Sullivan, Daniel W. Regional Vice President None
Stone, David P. Regional Vice President None
Thomas, William H., Jr. Regional Vice President None
Treadway, Stephen J. Director, Chairman, President and None
Chief Executive Officer
Troyer, Paul H. Senior Vice President None
Trumbore, Brian F. Executive Vice President None
Weil, Richard M. Assistant Secretary None
Zimmerman, Glen A. Vice President None
</TABLE>
_____________________
* The business address of all officers of the Distributor is either 2187
Atlantic Street, Stamford, CT 06902 or 800 Newport Center Drive, Newport
Beach, CA 92660.
Item 28. Location of Accounts and Records
The account books and other documents required to be maintained by
Registrant pursuant to Section 31(a) of the Investment Company Act of
1940 and the Rules thereunder will be maintained at the offices of
Pacific Investment Management Company, 840 Newport Center Drive,
Newport Beach, California 92660, Investors Fiduciary Trust Company,
801 Pennsylvania, Kansas City, Missouri 64105, and Shareholder
Services, Inc., P.O. Box 5866, Denver, Colorado 80217.
Item 29. Management Services
Not applicable
Item 30. Undertakings
Not applicable.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it has duly caused
this Post-Effective Amendment No. 45 to its Registration Statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of
Washington in the District of Columbia on the 31st day of August, 1999.
PIMCO FUNDS
(Registrant)
By: ___________________________________
R. Wesley Burns*
President
*By: /s/ Keith T. Robinson
Keith T. Robinson, as attorney-in-fact
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities and on the dates indicated:
Signature Title Date
____________________________ Trustee August 31, 1999
Guilford C. Babcock*
____________________________ Trustee August 31, 1999
Thomas P. Kemp*
____________________________ Trustee August 31, 1999
Brent R. Harris*
____________________________ Trustee August 31, 1999
William J. Popejoy*
____________________________ Trustee August 31, 1999
Vern O. Curtis*
____________________________ President August 31, 1999
R. Wesley Burns* (Principal Executive
Officer)
____________________________ Treasurer August 31, 1999
John P. Hardaway* (Principal Financial
and Accounting
Officer)
*By: /s/ Keith T. Robinson
Keith T. Robinson,
as attorney-in-fact
___________________
* Pursuant to power of attorney filed with Post-Effective Amendment No. 36 to
Registration Statement No. 33-12113 on July 11, 1997.
<PAGE>
PIMCO Funds
INDEX TO EXHIBITS FILED WITH
POST-EFFECTIVE AMENDMENT NO. 49
Exhibit (i) Opinion and Consent of Counsel
[Letterhead of Dechert Price & Rhoads]
August 31, 1999
PIMCO Funds: Pacific Investment Management Series
840 Newport Center Drive
Newport Beach, California 92660
Re: PIMCO Funds: Pacific Investment Management Series
(File Nos. 33-12113 and 811-5028)
Dear Sirs:
We have examined such documents and records as we deemed
necessary to render this opinion. Based upon the foregoing, we are of the
opinion that the shares to be sold pursuant to the Registration Statement of
PIMCO Funds: Pacific Investment Management Series (the "Trust"), when paid for
as contemplated in the Trust's Registration Statement, will be legally and
validly issued, fully paid and non-assessable by the Trust.
We hereby consent to the filing of this opinion as an exhibit
to the Trust's Registration Statement, and to all references to our firm
therein. In giving such consent, however, we do not admit that we are within the
category of persons whose consent is required by Section 7 of the Securities Act
of 1933, as amended, and the rules and regulations thereunder.
Very truly yours,
/s/ Dechert Price & Rhoads
