Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print PIMCO Total Return Instl  PTTRX Release date as of 2024-04-30. Data on page is subject to change. Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-04-30 Out of 556 Intermediate Core-Plus Bond Funds Morningstar® Style Box™ What is this? As of 2023-12-31 Total Fund Assets ($ Mil) 51,046.49 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 65% of its total assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests primarily in investment-grade debt securities, but may invest up to 20% of its total assets in high yield securities. It may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers.

Morningstar Category: Intermediate Core-Plus Bond Intermediate-term core-plus bond portfolios invest primarily in investment-grade U.S. fixed-income issues including government, corporate, and securitized debt, but generally have greater flexibility than core offerings to hold non-core sectors such as corporate high yield, bank loan, emerging-markets debt, and non-U.S. currency exposures. Their durations (a measure of interest-rate sensitivity) typically range between 75% and 125% of the three-year average of the effective duration of the Morningstar Core Bond Index.

Performance Growth of $10,000 (from 2014-01-01 to 2024-04-30) Investment: PIMCO Total Return Instl Benchmark 1: Bloomberg US Agg Bond TR USD Benchmark 2: Bloomberg US Universal TR USD Category: Intermediate Core-Plus Bond This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden. Total Annualized Returns % YTD 1 Year 3 Year 5 Year 10 Year Since Inception Investment -2.55 -0.03 -3.39 0.20 1.46 6.14 Bloomberg US Agg Bond TR USD -3.28 -1.47 -3.54 -0.16 1.20 5.30 Bloomberg US Universal TR USD -2.79 -0.34 -3.15 0.18 1.51 --- Category -2.54 -0.12 -3.32 0.20 1.35 5.33 Morningstar Rating --- --- --- # of compared Intermediate Core-Plus Bond funds covered (3 yrs : out of 556 funds) (5 yrs : out of 528 funds) (10 yrs : out of 376 funds) Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods. Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown. Fees and Expenses Total Annual Operating Expense 0.49% Prospectus Net Expense Ratio 0.49% Maximum Sales Charge --- The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio. Waiver Data Type Date % --- --- --- ---

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks -0.5 Non-U.S. Stocks 0.0 Bonds 147.3 Cash -50.9 Other 4.0 Total 100.0 Data through 2023-12-31 Morningstar Fixed-Income Sectors % Fund Government 34.37 Corporate 9.93 Securitized 38.04 Municipal 0.25 Cash & Equivalents 8.13 Derivative 9.28 Data through 2023-12-31 Credit Analysis % Bonds AAA 68.25 AA 5.84 A 7.77 BBB 10.76 BB 4.35 B 1.32 Below B 1.72 Not Rated 0.00 Data through 2023-12-31 Holding Status Total Number of Stock Holdings 8 Total Number of Bond Holdings 7374 % of Net Assets in Top 10 Holdings 38.07 Turnover % (as of 2023-03-31) 377.00 30 Day SEC Yield % 5.59 Top Holdings Maturity Date Shares Value $000 % of Net Assets 2 Year Treasury Note Future Mar 24 2024-03-29 12 2,481,264 4.51 5 Year Treasury Note Future Mar 24 2024-03-29 23 2,471,006 4.49 Pimco Fds 2024-03-05 225,469 2,186,144 3.97 Ultra 10 Year US Treasury Note Future Mar 24 2024-03-20 18 -2,177,388 3.96 10 Year Treasury Note Future Mar 24 2024-03-20 19 -2,132,278 3.87 Federal National Mortgage Association 4.5% 2054-02-13 2,119,035 2,057,947 3.74 Federal National Mortgage Association 5% 2054-01-16 2,066,770 2,047,233 3.72 Federal National Mortgage Association 3.5% 2054-02-13 2,152,025 1,979,022 3.60 Federal National Mortgage Association 3% 2054-02-13 2,013,442 1,786,204 3.25 Federal National Mortgage Association 5% 2054-02-13 1,645,800 1,630,885 2.96 Data through 2023-12-31

Principal Risks    Short Sale, Credit and Counterparty, Prepayment (Call), Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Issuer, Interest Rate, Market/Market Volatility, Convertible Securities, Equity Securities, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Other, Restricted/Illiquid Securities, Derivatives, Leverage, Sovereign Debt, Management, Structured Products Show Risk Definitions

Other Information Inception Date: 1987-05-11 Portfolio Manager(s) Mohit Mittal   (2019-12-11) Mr. Mittal is CIO Core Strategies and a managing director based in the Newport Beach office. He is a member of the Investment Committee and a portfolio manager for fixed income multi-sector portfolios across the duration and credit spectrum. As CIO Core Strategies, Mr. Mittal has leadership and oversight responsibilities for long-only strategies across PIMCO's Low and Moderate Duration, Total Return, and Long Duration strategy suite. Morningstar named him winner of the 2020 U.S. Morningstar Award for Investing Excellence in the Rising Talent category. Qi Wang   (2022-10-03) Ms. Wang is CIO Portfolio Implementation, a member of the PM management committee, and a managing director in the Newport Beach office. She oversees portfolio implementation, portfolio management analytics, and the PM data delivery platform. She is also a portfolio manager for PIMCO’s global macro hedge fund strategies and a member of the Investment Committee. Prior to joining PIMCO in 2010, she was with HBK Capital Management for 11 years, most recently as a managing director and partner responsible for developed market fixed income. Ms. Wang was previously a fixed income analyst at Lehman Brothers. She holds a bachelor's degree in economics and molecular biochemistry and biophysics from Yale University. Daniel J. Ivascyn   (2022-10-03) Mr. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office. He is lead portfolio manager for the firm’s income strategies and credit hedge fund and mortgage opportunistic strategies. Prior to joining PIMCO in 1998, he worked at Bear Stearns in the asset-backed securities group, as well as T. Rowe Price and Fidelity Investments. He holds an MBA in analytic finance from the University of Chicago Graduate School of Business and a bachelor's degree in economics from Occidental College. Mark R. Kiesel   (2014-09-26) Mark R. Kiesel is CIO Global Credit at Pacific Investment Management Company LLC (“PIMCO”) and a managing director in the Newport Beach office. He is a member of the Investment Committee, a generalist portfolio manager and the global head of corporate bond portfolio management. He joined PIMCO in 1996 and previously served as PIMCO’s global head of investment grade corporate bonds and as a senior credit analyst. He holds an MBA from the University of Chicago’s Graduate School of Business. He received his undergraduate degree from the University of Michigan. Investment Advisor(s) Pacific Investment Management Company, LLC Issuer PIMCO

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