NEWPORT BEACH, CA--(Marketwire - Feb 25, 2013) -  PIMCO, a leading global investment management firm, has launched the PIMCO Emerging Markets Full Spectrum Bond Fund (PFSIX), designed to give investors a comprehensive, "one stop" fixed income strategy to capture the wide variety of investment opportunities in the developing world. The fund provides an asset allocation and risk management framework for relative value investing across fixed income and currency asset classes. It is managed by Michael Gomez, Managing Director and co-head of PIMCO's global emerging markets portfolio management team.

Many investors are still under-allocated to developing economies, PIMCO believes, and should increase their exposure to tap into higher yields, with stronger economic conditions and improving underlying fundamentals. Investing in emerging markets may also provide greater portfolio diversification.

"Many fast-growing emerging markets offer investors a range of choices, such as undervalued currencies, attractive yields in local bond markets, the improving credit quality of sovereign debt or the higher yields of corporate bonds, but identifying and capturing the best opportunities requires a dynamic asset allocation framework and robust risk management," said Mr. Gomez.

Mr. Gomez said the PIMCO Emerging Markets Full Spectrum Bond Fund not only draws on the firm's expertise in asset allocation to navigate the best relative value opportunities in emerging markets sovereign bonds, local currency bonds, corporate bonds or currencies, but also draws on PIMCO's global macroeconomic insights and extensive bottom-up research.

Institutional shares of the PIMCO Emerging Markets Full Spectrum Bond Fund trade under the ticker symbol PFSIX. Additional shares include "P" shares (PFSPX), "A" shares (PFSSX), "D" shares (PFSYX) and "C" shares (PFSCX).

About PIMCO
PIMCO is a leading global investment management firm, with offices in 13 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information are contained in the fund's prospectus and summary prospectus, if available, which may be obtained by contacting your financial advisor or PIMCO representative, by visiting www.pimco.com/investments or by calling (888)87-PIMCO. Please read them carefully before you invest or send money.

A word about risk: Investing in the bond market is subject to certain risks, including market, interest rate, issuer, credit and inflation risk; investments may be worth more or less than the original cost when redeemed. Investing in foreign-denominated and/or -domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Currency rates may fluctuate significantly over short periods of time and may reduce the returns of a portfolio. Derivatives may involve certain costs and risks, such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. 

This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO and YOUR GLOBAL INVESTMENT AUTHORITY are trademarks or registered trademarks of Allianz Asset Management of America L.P. and Pacific Investment Management Company LLC, respectively, in the United States and throughout the world. ©2013, PIMCO

PIMCO Investments LLC, distributor, 1633 Broadway, New York, NY, 10019 is a company of PIMCO.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statement.