Form POS AMI PIMCO FUNDS
SECURITIES AND EXCHANGE COMMISSION
THE INVESTMENT COMPANY ACT OF 1940
Newport Beach, California 92660
(888) 877-4626
| Douglas P. Dick, Esq. Adam T. Teufel, Esq. Dechert LLP 1900 K Street, N.W. Washington, D.C. 20006 |
Joshua D. Ratner Pacific Investment Management Company LLC 650 Newport Center Drive Newport Beach, California 92660 |
| (Name and Address of Agent for Service) | |
PIMCO Funds
Private Account Portfolio Series
Amendment Dated November 19, 2025 to the Private Account Portfolio Series Offering
Memorandum Supplement
dated August 1, 2025, as amended from time to time (the “Offering Memorandum Supplement”)
Disclosure Regarding the PIMCO Investment Grade Credit Bond Portfolio and PIMCO Long Duration Credit Bond Portfolio (each, a “Portfolio” and together, the “Portfolios”)
As previously disclosed in a supplement dated November 14, 2025, effective November 14, 2025, the PIMCO Investment Grade Credit Bond Portfolio is jointly and primarily managed by Amit Arora and Jelle Brons; and the PIMCO Long Duration Credit Bond Portfolio is jointly and primarily managed by Mohit Mittal, Amit Arora and Jelle Brons.
Accordingly, effective immediately, corresponding changes are made in the table and accompanying footnotes in the subsection titled “Portfolio Managers—Other Accounts Managed” in the Offering Memorandum Supplement and the following is added:
| Total Number of Other Accounts |
Total Assets of (in $millions) |
Number of Other Accounts Paying a Performance Fee |
Total Assets of Other Accounts Paying a Performance Fee (in $millions) | |||||
| Arora* | ||||||||
| Registered Investment Companies | 6 | $13,184.77 | 0 | $0.00 | ||||
| Other Pooled Investment Vehicles | 19 | $11.764.79 | 1 | $109.42 | ||||
| Other Accounts | 205 | $38,661.99 | 2 | $1,418.43 | ||||
| Brons** | ||||||||
| Registered Investment Companies | 5 | $2,649.02 | 0 | $0.00 | ||||
| Other Pooled Investment Vehicles | 39 | $26,224.69 | 7 | $13,647.37 | ||||
| Other Accounts | 61 | $99,597.61 | 10 | $1,321.42 | ||||
| Mittal*** | ||||||||
| Registered Investment Companies | 26 | $79,971.53 | 0 | $0.00 | ||||
| Other Pooled Investment Vehicles | 22 | $42,475.78 | 2 | $5,117.16 | ||||
| Other Accounts | 139 | $83,862.09 | 12 | $5,371.52 |
| * | Effective November 14, 2025, Mr. Arora co-manages the PIMCO Investment Grade Bond Portfolio and the PIMCO Long Duration Credit Bond Portfolio. Information for Mr. Arora is as of October 31, 2025. |
| ** | Effective November 14, 2025, Mr. Brons co-manages the PIMCO Investment Grade Bond Portfolio and the PIMCO Long Duration Credit Bond Portfolio. Information for Mr. Brons is as of October 31, 2025. |
| *** | Effective November 14, 2025, Mr. Mittal co-manages the PIMCO Long Duration Credit Bond Portfolio. Information for Mr. Mittal is as of October 31, 2025. |
In addition, effective November 14, 2025, the following is added to the end of the paragraph immediately preceding the above table:
Effective November 14, 2025, the PIMCO Investment Grade Credit Bond Portfolio is jointly and primarily managed by Amit Arora and Jelle Brons; and the PIMCO Long Duration Credit Bond Portfolio is jointly and primarily managed by Mohit Mittal, Amit Arora and Jelle Brons.
In addition, effective immediately, corresponding changes are made in the table and accompanying footnotes in the subsection titled “Portfolio Managers—Securities Ownership” in the Offering Memorandum Supplement and the following is added:
| Portfolio Manager |
Funds Managed by Portfolio Manager | Dollar Range of Shares Owned | ||
| Arora* | PIMCO Investment Grade Credit Bond Portfolio PIMCO Long Duration Credit Bond Portfolio |
None None | ||
| Brons** | PIMCO Investment Grade Credit Bond Portfolio PIMCO Long Duration Credit Bond Portfolio |
None None | ||
| Mittal*** | PIMCO Long Duration Credit Bond Portfolio | None |
| * | Effective November 14, 2025, Mr. Arora co-manages the PIMCO Investment Grade Credit Bond Portfolio and the PIMCO Long Duration Credit Bond Portfolio. Information for Mr. Arora is as of October 31, 2025. |
| ** | Effective November 14, 2025, Mr. Brons co-manages the PIMCO Investment Grade Credit Bond Portfolio and the PIMCO Long Duration Credit Bond Portfolio. Information for Mr. Brons is as of October 31, 2025. |
| *** | Effective November 14, 2025, Mr. Mittal co-manages the PIMCO Long Duration Credit Bond Portfolio. Information for Mr. Mittal is as of October 31, 2025. |
Investors Should Retain This Amendment for Future Reference
PIMCO Funds
Private Account Portfolio Series
Amendment Dated November 14, 2025 to the Private Account Portfolio Series: Sector Portfolios Offering Memorandum Supplement
dated August 1, 2025, as amended from time to time (the “Offering Memorandum Supplement”)
Disclosure Regarding the PIMCO Sector Fund Series – I (the “Portfolio”)
As previously disclosed in a supplement dated November 14, 2025, effective November 14, 2025, the PIMCO Sector Fund Series – I is jointly and primarily managed by Amit Arora, Mohit Mittal, Jelle Brons and Saurabh Sud.
Accordingly, effective immediately, corresponding changes are made in the table and accompanying footnotes in the subsection titled “Portfolio Managers—Other Accounts Managed” in the Offering Memorandum Supplement and the following is added:
| Total Number of Other Accounts |
Total Assets of (in $millions) |
Number of Other Accounts Paying a Performance Fee |
Total Assets of Other Accounts Paying a Performance Fee (in $millions) | |||||
| Brons* | ||||||||
| Registered Investment Companies | 5 | $2,649.02 | 0 | $0.00 | ||||
| Other Pooled Investment Vehicles | 39 | $26,224.69 | 7 | $13,647.37 | ||||
| Other Accounts | 61 | $99,597.61 | 10 | $1,321.42 | ||||
| Sud** | ||||||||
| Registered Investment Companies | 0 | $0.00 | 0 | $0.00 | ||||
| Other Pooled Investment Vehicles | 6 | $530.32 | 1 | $117.98 | ||||
| Other Accounts | 1 | $1,359.47 | 0 | $0.00 |
| * | Effective November 14, 2025, Mr. Brons co-manages the PIMCO Sector Fund Series – I. Information for Mr. Brons is as of October 31, 2025. |
| ** | Effective November 14, 2025, Mr. Sud co-manages the PIMCO Sector Fund Series – I. Information for Mr. Sud is as of October 31, 2025. |
In addition, effective November 14, 2025, the following is added to the end of the paragraph immediately preceding the above table:
Effective November 14, 2025, the PIMCO Sector Fund Series – I is jointly and primarily managed by Amit Arora, Mohit Mittal, Jelle Brons and Saurabh Sud.
In addition, effective immediately, corresponding changes are made in the table and accompanying footnotes in the subsection titled “Portfolio Managers—Securities Ownership” in the Offering Memorandum Supplement and the following is added:
| Portfolio Manager |
Funds Managed by Portfolio Manager | Dollar Range of Shares Owned | ||
| Brons* | PIMCO Sector Fund Series – I | None | ||
| Sud** | PIMCO Sector Fund Series – I | None |
| * | Effective November 14, 2025, Mr. Brons co-manages the PIMCO Sector Fund Series - I. Information for Mr. Brons is as of October 31, 2025. |
| ** | Effective November 14, 2025, Mr. Sud co-manages the PIMCO Sector Fund Series - I. Information for Mr. Sud is as of October 31, 2025. |
Investors Should Retain This Amendment for Future Reference
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| * |
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| Name and Principal Business Address* |
Positions and Offices With Underwriter
|
Positions and Offices with Registrant |
| Hall, Gregory W. |
Chairman of the Board of
Managers, Principle Executive
Officer |
None |
| Sutherland, Eric M. |
President and Manager, Board of
Managers |
None |
| Bentley, James D. |
Manager, Board of Managers |
None |
| Pitters, Caleb J.A. |
Manager, Board of Managers |
None |
| Tracy, Lauren R. |
Manager, Board of Managers |
None |
| Ferrari, David R. |
Chief Operating Decision-Maker,
Principal Financial Officer and
Financial and Operations Principal |
None |
| Whittaker, Megan |
Anti-Money Laundering
Compliance Officer |
None |
| Dubitzky, Y. Zvi |
Chief Compliance Officer, Chief
Legal Officer |
None |
| Thomas, Mark G. |
Head of Business Management |
None |
| Burg, Anthony A. |
Treasurer |
None |
| Oglesby, Sarah J. |
Secretary |
None |
| PIMCO FUNDS
(Registrant) | |
| By: |
Joshua D. Ratner*, President |
| *By: |
/s/ ADAM T. TEUFEL Adam T. Teufel as attorney-in-fact |
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