Type 40-17G PIMCO FUNDS

Loss ensuing from any dishonest or fraudulent act(s), together with Larceny or Embezzlement dedicated by an Worker,
dedicated wherever and whether or not dedicated alone or in collusion with others, together with lack of Property ensuing from such acts of an Worker, which Property is held by the Insured for any function or in any capability and whether or not so held gratuitously
or not and whether or not or not the Insured is liable therefor.

Dishonest or fraudulent act(s) as used on this Insuring
Settlement shall imply solely dishonest or fraudulent act(s) dedicated by such Worker with the manifest intent:

Expense incurred by the Insured for that a part of the prices of audits or examinations required by any governmental
regulatory authority to be carried out both by such authority or by an impartial accountant by purpose of the invention of loss sustained by the Insured by means of any dishonest or fraudulent act(s), together with Larceny or Embezzlement of any of the
Staff. The whole legal responsibility of the Underwriter for such expense by purpose of such acts of any Worker or wherein such Worker is

involved or implicated or with respect to anyone audit or examination is restricted to the quantity acknowledged reverse Audit Expense in Merchandise 3 of the Declarations; it being understood, nonetheless, that
such expense shall be deemed to be a loss sustained by the Insured by means of any dishonest or fraudulent act(s), together with Larceny or Embezzlement of a number of of the Staff and the legal responsibility underneath this paragraph shall be along with the Restrict
of legal responsibility acknowledged in Insuring Settlement (A) in Merchandise 3 of the Declarations.

Lack of Property (occurring with or with out negligence or violence) by means of theft, housebreaking, Larceny, theft, holdup, or
different fraudulent means, misplacement, mysterious unexplainable disappearance, injury thereto or destruction thereof, abstraction or removing from the possession, custody or management of the Insured, and lack of subscription, conversion, redemption or
deposit privileges by means of the misplacement or lack of Property, whereas the Property is (or is meant or believed by the Insured to be) lodged or deposited inside any places of work or premises situated wherever, besides in an workplace listed in Merchandise 4 of the
Declarations or modification thereof or within the mail or with a service for rent aside from an armored motorized vehicle firm, for the aim of transportation.

Workplaces and Gear

Lack of Property (occurring with or with out negligence or violence) by means of theft, Larceny, theft, holdup, misplacement,
mysterious unexplainable disappearance, being misplaced or in any other case made away with, injury thereto or destruction thereof, and lack of subscription, conversion, redemption or deposit privileges by means of the misplacement or lack of Property, whereas the
Property is in transit wherever within the custody of any individual or individuals performing as messenger, besides whereas within the mail or with a service for rent, aside from an armored motorized vehicle firm, for the aim of transportation, such transit to start
instantly upon receipt of such Property by the transporting individual or individuals, and to finish instantly upon supply thereof at vacation spot.

Loss by means of FORGERY or ALTERATION of, on or in any payments of change, checks, drafts, acceptances, certificates of
deposit. promissory notes, or different written guarantees, orders or instructions to pay sums sure in cash, due payments, cash orders, warrants, orders upon public treasuries, letters of credit score, written directions, advices or functions directed to
the Insured, authorizing or acknowledging the switch, fee, supply or receipt of funds or Property, which directions or advices or functions purport to have been signed or endorsed by any buyer of the Insured, shareholder or
subscriber to shares, whether or not certificated or uncertificated, of any Funding Firm or by any monetary a banking establishment or stockbroker however which directions, advices or functions both bear the cast signature or endorsement or have
been altered with out the data and consent of such buyer,

shareholder or subscriber to shares, whether or not certificated or uncertificated, of an Funding Firm, monetary or banking establishment or stockbroker, withdrawal orders or receipts for the
withdrawal of funds or Property, or receipts or certificates of deposit for Property and bearing the identify of the Insured as issuer, or of one other Funding Firm for which the Insured acts as agent, excluding, nonetheless, any loss coated underneath
Insuring Settlement (F) hereof whether or not or not protection for Insuring Settlement (F) is offered for within the Declarations of this bond.

Any examine or draft (a) made payable to a fictitious payee and endorsed within the identify of such fictitious payee or
(b) procured in a transaction with the maker or drawer thereof or with one performing as an agent of such maker or drawer or anybody impersonating one other and made or drawn payable to the one so impersonated and endorsed by anybody aside from the one
impersonated, shall be deemed to be solid as to such endorsement.

Mechanically reproduced facsimile signatures are
handled the identical as handwritten signatures.

Loss sustained by the Insured, together with loss sustained by purpose of a violation of the structure, by-laws, guidelines or laws of any Self Regulatory Group of which the Insured is a member or which might have been imposed upon the Insured by the structure,
by-laws, guidelines or laws of any Self Regulatory Group if the Insured had been a member thereof,

Securities, paperwork
or different written devices shall be deemed to imply unique (together with unique counterparts) negotiable or non-negotiable agreements which in and of themselves signify an equitable curiosity, possession, or
debt, together with an task thereof which devices are within the extraordinary course of enterprise, transferable by supply of such agreements with any vital endorsement or task.

The phrase “counterfeited” as used on this Insuring Settlement shall be deemed to imply any safety, doc or
different written instrument which is meant to deceive and to be taken for an unique.

Mechanically produced
facsimile signatures are handled the identical as handwritten signatures.

Loss by means of the receipt by the Insured, in good religion, of any counterfeited cash orders or altered paper currencies or
coin of the USA of America or Canada issued or purporting to have been issued by the USA of America or Canada or issued pursuant to a United States of America or Canadian statute to be used as foreign money.

Loss in opposition to any and all sums which the Insured shall grow to be obligated to pay by purpose of the Legal responsibility imposed upon the
Insured by legislation for damages:

For having both complied with or didn’t adjust to any written discover of any
buyer, shareholder or subscriber of the Insured or any Approved Consultant of such buyer, shareholder or subscriber to cease fee of any examine or draft made or drawn by such buyer, shareholder or subscriber or any Approved
Consultant of such buyer, shareholder or subscriber, or

For having refused to pay any examine or draft made or
drawn by any buyer, shareholder or subscriber of the Insured or any Approved Consultant of such buyer, shareholder or subscriber.

Loss ensuing from funds of dividends or fund shares, or withdrawals permitted from any buyer’s,
shareholder’s or subscriber’s account based mostly upon Uncollectible Gadgets of Deposit of a buyer, shareholder or subscriber credited by the Insured or the Insured’s agent to such buyer’s, shareholder’s or subscriber’s
Mutual Fund Account; or

loss ensuing from any Merchandise of Deposit processed by means of an Automated Clearing Home which
is reversed by the shopper, shareholder or subscriber and deemed uncollectible by the Insured.

Loss consists of dividends and curiosity accrued to not exceed 15% of the
Uncollectible Gadgets that are deposited.

This Insuring Settlement applies to all Mutual Funds with “change
privileges” if all Fund(s) within the change program are insured by a Nationwide Union

Fireplace Insurance coverage Firm of Pittsburgh, PA for Uncollectible Gadgets of Deposit. Whatever the variety of transactions between Fund(s), the minimal variety of days of deposit throughout the Fund(s)
earlier than withdrawal as declared within the Fund(s) prospectus shall start from the date a deposit was first credited to any Insured Fund(s).

No assertion made by or on behalf of the Insured, whether or not contained within the software or in any other case, shall be deemed to be
a guaranty of something besides that it’s true to the very best of the data and perception of the individual making the assertion.

(Relevant to all Insuring Agreements or Coverages now or hereafter forming a part of this bond)

The Underwriter will indemnify the Insured in opposition to court docket prices and
affordable attorneys’ charges incurred and paid by the Insured in protection, whether or not or not profitable, whether or not or not totally litigated on the deserves and whether or not or not settled of any swimsuit or authorized continuing introduced in opposition to the Insured to implement
the Insured’s legal responsibility or alleged legal responsibility on account of any loss, declare or injury which, if established in opposition to the Insured, would represent a loss sustained by the Insured coated underneath the phrases of this bond offered, nonetheless, that with
respect to Insuring Settlement (A) this indemnity shall apply solely within the occasion that

The Insured shall promptly give discover to the Underwriter of any such swimsuit or authorized continuing and on the request of the
Underwriter shall furnish it with copies of all pleadings and different papers therein. On the Underwriter’s election the Insured shall allow the Underwriter to conduct the protection of such swimsuit or authorized continuing, within the Insured’s identify,
by means of attorneys of the Underwriter’s choice. In such occasion, the Insured shall give all affordable info and help which the Underwriter shall deem essential to the right protection of such swimsuit or authorized continuing.

If the quantity of the Insured’s legal responsibility or alleged

legal responsibility is larger than the quantity recoverable underneath this bond, or if a Deductible Quantity is relevant, or each, the legal responsibility of the Underwriter underneath this Common Settlement is restricted to the
proportion of court docket prices and attorneys’ charges incurred and paid by the Insured or by the Underwriter that the quantity recoverable underneath this bond bears to the whole of such quantity plus the quantity which isn’t so recoverable. Such indemnity shall
be along with the Restrict of Legal responsibility for the relevant Insuring Settlement or Protection.

Acts of an Worker, as outlined on this bond, are coated underneath Insuring Settlement (A) solely whereas the Worker is in
the Insured’s make use of. Ought to loss involving a former Worker of the Insured be found subsequent to the termination of employment, protection would nonetheless apply underneath Insuring Settlement (A) if the direct proximate reason for the loss
occurred whereas the previous Worker carried out duties throughout the scope of his/her employment.

SECTION 1. DEFINITIONS

The next phrases, as used on this bond, shall have the respective meanings acknowledged on this Part:

for an Funding Firm named as Insured whereas performing acts coming throughout the scope of the
normal duties of an officer or Worker of any Funding Firm named as Insured herein, or whereas performing as a member of any committee duly elected or appointed to look at or audit or have custody of or entry to the Property of any such Funding
Firm, offered that solely Staff or companions of a switch agent, shareholder accounting record-keeper or administrator which is an affiliated individual as outlined within the Funding Firm Act of 1940, of an Funding Firm named as Insured or
is an affiliated individual of the adviser, underwriter or administrator of such Funding Firm, and which isn’t a financial institution, shall be included throughout the definition of Worker.

Every employer of short-term personnel or processors as set forth in Sub-Sections (6) and of Part 1(a) and
their companions, officers and workers shall collectively be deemed to be one individual for all the needs of this bond, excepting, nonetheless, the final paragraph of Part 13.

Brokers, or different brokers underneath contract or representatives of the identical normal character shall not be thought of
Staff.

SECTION 2. EXCLUSIONS

THIS BOND DOES NOT COVER:

SECTION 3. ASSIGNMENT OF RIGHTS

This bond doesn’t afford protection in favor of any Employers of short-term personnel or of processors as set forth in sub-sections (6) and (7) of Part 1(a) of this bond, as aforesaid, and upon fee to the Insured by the Underwriter on account of any loss by means of dishonest or fraudulent act(s) together with Larceny or
Embezzlement dedicated by any of the companions, officers or workers of such Employers, whether or not performing alone or in collusion with others, an task of such of the Insured’s rights and causes of motion as it could have in opposition to such Employers
by purpose of such acts so dedicated shall, to the extent of such fee, be given by the Insured to the Underwriter, and the Insured shall execute all papers essential to safe to the Underwriter the rights herein offered for.

SECTION 4. LOSS -NOTICE -PROOF-

LEGAL PROCEEDINGS

This bond is for the use and profit solely of the Insured named within the Declarations and the Underwriter shall not be liable
hereunder for loss sustained by anybody aside from the Insured except the Insured, in its sole discretion and at its possibility, shall embrace such loss within the Insured’s proof of loss. On the earliest practicable second after discovery of any loss
hereunder the Insured shall give the Underwriter written discover thereof and shall additionally inside six months after such discovery furnish to the Underwriter affirmative proof of loss with full particulars. If declare is made underneath this bond for lack of
securities or shares, the Underwriter shall not be liable except every of such securities or shares is recognized in such proof of loss by a certificates or bond quantity or, the place such securities or shares are uncertificated, by such identification
means as agreed to by the Underwriter. The Underwriter shall have thirty days after discover and proof of loss inside which to research the declare, however the place the loss is evident and undisputed, settlement shall be made inside forty-eight hours; and
this shall apply however the loss is made up wholly or in a part of securities of which duplicates could also be obtained. Authorized proceedings for restoration of any loss hereunder shall not be introduced previous to the expiration of sixty days after such
proof of loss is filed with the Underwriter nor after the expiration of twenty-four months from the invention of such loss, besides that any motion or continuing to get better hereunder on account of any judgment in opposition to the Insured in any swimsuit
talked about in Common Settlement C or to get better attorneys’ charges paid in any such swimsuit, shall be begun inside twenty-four months from the date upon which the judgment in such swimsuit shall grow to be ultimate. If any limitation embodied on this bond is
prohibited by any legislation controlling the development hereof, such limitation shall be deemed to be amended in order to be equal to the minimal interval of limitation permitted by such legislation.

Discovery happens when the Insured

which might trigger an inexpensive individual to imagine {that a} loss coated by the bond has been or
will likely be

incurred although the precise quantity or particulars of loss will not be then identified.

SECTION 5. VALUATION OF PROPERTY

The worth of any Property, besides books of accounts or different data utilized by the Insured within the conduct of its enterprise,
for the lack of which a declare shall be made hereunder, shall be decided by the common market worth of such Property on the enterprise day subsequent previous the invention of such loss; offered, nonetheless, that the worth of any Property changed by the
Insured previous to the fee of declare therefor shall be the precise market worth on the time of alternative; and additional offered that in case of a loss or misplacement of interim certificates, warrants, rights, or different securities, the manufacturing
which is critical to the train of subscription, conversion, redemption or deposit privileges, the worth thereof shall be the market worth of such privileges instantly previous the expiration thereof if stated loss or misplacement isn’t
found till after their expiration. If no market worth is quoted for such Property or for such privileges, the worth shall be fastened by settlement between the events or by arbitration.

In case of any loss or injury to Property consisting of books of accounts or different data utilized by the Insured within the
conduct of its enterprise, the Underwriter shall be liable underneath this bond provided that such books or data are literally reproduced after which for no more than the price of clean books, clean pages or different supplies plus the price of labor for the precise
transcription or copying of knowledge which shall have been furnished by the Insured as a way to reproduce such books and different data.

SECTION 6. VALUATION OF PREMISES AND

     FURNISHINGS

In case of injury to any workplace of the Insured, or lack of or injury to the furnishings, fixtures, stationery, provides,
gear, safes or vaults therein, the Underwriter shall not be accountable for greater than the precise money worth thereof, or for greater than the precise price of their alternative or restore. The Underwriter could, at its election, pay such precise money worth or
make such alternative or restore. If the Underwriter

and the Insured can’t agree upon such money worth or such price of alternative or restore, such shall be decided by arbitration.

SECTION 7. LOST SECURITIES

If the Insured shall maintain a lack of securities the whole worth of which is in extra of the restrict acknowledged in Merchandise 3 of
the Declarations of this bond, the legal responsibility of the Underwriter shall be restricted to fee for, or duplication of, securities having worth equal to the restrict acknowledged in Merchandise 3 of the Declarations of this bond.

If the Underwriter shall make fee to the Insured for any lack of securities, the Insured shall thereupon assign to the
Underwriter all the Insured’s rights, title and pursuits in and to stated securities.

With respect to
securities the worth of which don’t exceed the Deductible Quantity (on the time of the invention of the loss) and for which the Underwriter could at its sole discretion and possibility and on the request of the Insured difficulty a Misplaced Instrument Bond or Bonds
to impact alternative thereof, the Insured pays the same old premium charged therefor and can indemnify the Underwriter in opposition to all loss or expense that the Underwriter could maintain due to the issuance of such Misplaced Instrument Bond or Bonds.

With respect to securities the worth of which exceeds the Deductible Quantity (on the time of discovery of the loss) and
for which the Underwriter could difficulty or prepare for the issuance of a Misplaced Instrument Bond or Bonds to impact alternative thereof, the Insured agrees that it’ll pay as premium therefor a proportion of the same old premium charged therefor, stated
proportion being equal to the share that the Deductible Quantity bears to the worth of the securities upon discovery of the loss, and that it’ll indemnify the issuer of stated Misplaced Instrument Bond or Bonds in opposition to all loss and expense that isn’t
recoverable from the Underwriter underneath the phrases and situations of this INVESTMENT COMPANY BLANKET BOND topic to the Restrict of Legal responsibility hereunder.

SECTION 8. SALVAGE

In case of restoration, whether or not made by the Insured or by the Underwriter, on account of any loss in extra of the Restrict of
Legal responsibility hereunder plus the Deductible Quantity relevant to such loss from any

supply aside from suretyship, insurance coverage, reinsurance, safety or indemnity taken by or for
the advantage of the Underwriter, the online quantity of such restoration, much less the precise prices and bills of creating similar, shall be utilized to reimburse the Insured in full for the surplus portion of such loss, and the rest, if any, shall be paid first
in reimbursement of the Underwriter and thereafter in reimbursement of the Insured for that a part of such loss throughout the Deductible Quantity. The Insured shall execute all vital papers to safe to the Underwriter the rights offered for herein.

SECTION 9. NON-REDUCTION AND NON- ACCUMULATION OF
LIABILITY AND TOTAL LIABILITY

Always previous to termination hereof this bond shall proceed in power for the
restrict acknowledged within the relevant sections of Merchandise 3 of the Declarations of this bond however any earlier loss for which the Underwriter could have paid or be liable to pay hereunder; PROVIDED, nonetheless, that whatever the variety of years
this bond shall proceed in power and the variety of premiums which shall be payable or paid, the legal responsibility of the Underwriter underneath this bond with respect to all loss ensuing from

shall be restricted to the relevant Restrict of Legal responsibility acknowledged in Merchandise 3 of the
Declarations of this bond no matter the whole quantity of such loss or losses and shall not be cumulative in quantities from 12 months to 12 months or from interval to interval.

Sub-section (c) isn’t relevant to any scenario to which the language of sub-section (d) applies.

SECTION 10. LIMIT OF LIABILITY

With respect to any loss set forth within the PROVIDED clause of Part 9 of this bond which is recoverable or recovered
in complete or partially underneath another bonds or insurance policies issued by the Underwriter to the Insured or to any predecessor in curiosity of the Insured and terminated or cancelled or allowed to run out and wherein the interval for discovery has not expired at
the time any such loss thereunder is found, the whole legal responsibility of the Underwriter underneath this bond and underneath different bonds or insurance policies shall not exceed, within the combination, the quantity carried hereunder on such loss or the quantity obtainable to the
Insured underneath such different bonds or insurance policies, as restricted by the phrases and situations thereof, for any such loss if the latter quantity be the bigger.

SECTION 11. OTHER INSURANCE

If the Insured shall maintain, as indemnity in opposition to any loss coated hereunder, any legitimate and enforceable insurance coverage or
suretyship, the Underwriter shall be liable hereunder just for such quantity of such loss which is in extra of the quantity of such different insurance coverage or suretyship, not exceeding, nonetheless, the Restrict of Legal responsibility of this bond relevant to such loss.

SECTION 12. DEDUCTIBLE

The Underwriter shall not be liable underneath any of the Insuring Agreements of this bond on account of loss as specified,
respectively, in sub-sections (a), (b), (c), (d) and (e) of Part 9, NON-REDUCTION AND NON- ACCUMULATION OF LIABILITY
AND

TOTAL LIABILITY, except the quantity of such loss, after deducting the online quantity of all reimbursement and/or restoration obtained or made by the Insured, aside from from any bond or coverage of
insurance coverage issued by an insurance coverage firm and protecting such loss, or by the Underwriter on account thereof previous to fee by the Underwriter of such loss, shall exceed the Deductible Quantity set forth in Merchandise 3 of the Declarations hereof (herein
known as Deductible Quantity) after which for such extra solely, however in no occasion for greater than the relevant Restrict of Legal responsibility acknowledged in Merchandise 3 of the Declarations.

The Insured will bear, along with the Deductible Quantity, premiums on Misplaced Instrument Bonds as set forth in
Part 7.

There shall be no deductible relevant to any loss underneath Insuring Settlement A sustained by any
Funding Firm named as Insured herein.

SECTION 13. TERMINATION

The Underwriter could terminate this bond as an entirety by furnishing written discover specifying the termination date which
can’t be previous to 60 days after the receipt of such written discover by every Funding Firm named as Insured and the Securities and Trade Fee, Washington, D.C. The Insured could terminate this bond as an entirety by furnishing written
discover to the Underwriter. When the Insured cancels, the Insured shall furnish written discover to the Securities and Trade Fee, Washington. D.C. previous to 60 days earlier than the efficient date of the termination. The Underwriter shall notify all
different Funding Corporations named as Insured of the receipt of such termination discover and the termination can’t be efficient previous to 60 days after receipt of written discover by all different Funding Corporations. Premiums are earned till the
termination date as set forth herein.

This Bond will terminate as to anyone Insured instantly upon taking up of
such Insured by a receiver or different liquidator or by State or Federal officers, or instantly upon the submitting of a petition underneath any State or Federal statute relative to chapter or reorganization of the Insured, or

task for the advantage of collectors of the Insured. or instantly upon such Insured ceasing to exist, whether or not by means of merger into one other entity, or by disposition of all of its property.

The Underwriter shall refund the unearned premium computed at quick charges in accordance with the usual quick charge
cancellation tables if terminated by the Insured or professional rata if terminated for another purpose.

This Bond shall
terminate

SECTION 14. RIGHTS AFTER TERMINATION OR CANCELLATION

At any time previous to the termination or cancellation of this bond as an entirety, whether or not by the Insured or the
Underwriter, the Insured could give to the Underwriter discover that it wishes underneath this bond a further interval of 12 months inside which to find loss sustained by the Insured previous to the

efficient date of such termination or cancellation and shall pay a further premium therefor.

Upon receipt of such discover from the Insured, the Underwriter shall give its written consent thereto; offered, nonetheless,
that such further time period shall terminate instantly;

with out the need of the Underwriter giving discover of
such termination. Within the occasion that such further time period is terminated, as offered above, the Underwriter shall refund any unearned premium.

The fitting to buy such further interval for the invention of loss will not be exercised by any State or Federal
official or company, or by any receiver or liquidator, performing or appointed to take over the Insured’s enterprise for the operation or for the liquidation thereof or for another function.

SECTION 15. CENTRAL HANDLING OF SECURITIES

Securities included within the methods for the central dealing with of securities established and maintained by Depository Belief
Firm, Midwest Depository Belief Firm, Pacific Securities Depository Belief Firm, and Philadelphia Depository Belief Firm, hereinafter known as Companies, to the extent of the Insured’s curiosity therein as efficient by the making of
applicable entries on the books and data of such Companies shall be deemed to be Property.

The phrases
“Worker” and “Staff” shall be deemed to incorporate the officers, companions, clerks and different workers of the New York Inventory Trade, Boston Inventory Trade, Midwest Inventory Trade, Pacific Inventory
Ex- change and Philadelphia Inventory Trade, hereinafter known as Exchanges, and of the above named Companies, and of any nominee in whose identify is registered any safety included inside

the methods for the central dealing with of securities established and maintained by such Companies, and any worker of any acknowledged service firm, whereas such officers, companions, clerks and
different workers and workers of service corporations carry out companies for such Companies within the operation of such methods. For the aim of the above definition a acknowledged service firm shall be any firm offering clerks or different personnel
to stated Exchanges or Company on a contract foundation.

The Underwriter shall not be liable on account of any loss(es)
in reference to the central dealing with of securities throughout the methods established and maintained by such Companies, except such loss(es) shall be in extra of the quantity(s) recoverable or recovered underneath any bond or coverage of insurance coverage
indemnifying such Companies, in opposition to such loss(es), after which the Underwriter shall be liable hereunder just for the Insured’s share of such extra loss(es), however in no occasion for greater than the Restrict of Legal responsibility relevant hereunder.

For the aim of figuring out the Insured’s share of extra loss(es) it shall be deemed that the Insured has an
curiosity in any certificates representing any safety included inside such methods equal to the curiosity the Insured then has in all certificates representing the identical safety included inside such methods and that such Companies shall use
their greatest judgement in apportioning the quantity(s) recoverable or recovered underneath any bond or coverage of insurance coverage indemnifying such Companies in opposition to such loss(es) in reference to the central dealing with of securities inside such methods amongst
all these having an curiosity as recorded by applicable entries within the books and data of such Companies in Property concerned in such loss(es) on the premise that every such curiosity shall share within the quantity(s) so recoverable or recovered within the
ratio that the worth of every such curiosity bears to the whole worth of all such pursuits and that the Insured’s share of such extra loss(es) shall be the quantity of the Insured’s curiosity in such Property in extra of the quantity(s) so
apportioned to the Insured by such Companies.

This bond doesn’t afford protection in favor of such Companies or
Exchanges or any nominee in whose identify is registered any safety included throughout the methods for the central dealing with of securities established and maintained by such Companies, and upon fee to the Insured by the Underwriter on account of
any loss(es) throughout the methods, an

task of such of the Insured’s rights and causes of motion as it could have in opposition to such Companies or Exchanges shall to the extent of such fee, be given by the Insured to the
Underwriter, and the Insured shall execute all papers essential to safe to the Underwriter the rights offered for herein.

SECTION 16. ADDITIONAL COMPANIES INCLUDED AS INSURED

If a couple of company, co-partnership or individual or any mixture of them
be included because the Insured herein:

SECTION 17. NOTICE
AND CHANGE OF CONTROL

Upon the Insured’s acquiring data of a switch of its excellent voting securities
which leads to a change in management (as set forth in Part 2(a) (9) of the Funding Firm Act of 1940) of the Insured, the Insured shall inside thirty (30) days of such data give written discover to the Underwriter setting
forth:

As used on this part, management means the ability to train a controlling affect over the administration or insurance policies of
the Insured.

Failure to present the required discover shall lead to termination of protection of this bond, efficient upon
the date of inventory switch for any loss wherein any transferee is worried or implicated.

Such discover isn’t
required to be given within the case of an Insured which is an Funding Firm.

SECTION 18. CHANGE OR MODIFICATION

This bond or any instrument amending or effecting similar will not be modified or modified orally. No modifications in or
modification thereof shall be efficient except made by written endorsement issued to type a component hereof over the signature of the Underwriter’s Approved Consultant. When a bond covers just one Funding Firm no change or modification
which might adversely have an effect on the rights of the Funding Firm shall be efficient previous to 60 days after written notification has been furnished to the Securities and Trade Fee, Washington, D.C. by the Insured or by the

Underwriter. If a couple of Funding Firm is called because the Insured herein, the Underwriter shall give written discover to every Funding Firm and to the Securities and Trade
Fee, Washington, D.C. not lower than 60 days previous to the efficient date of any change or modification which might adversely have an effect on the rights of such Funding Firm.

IN WITNESS WHEREOF, the Underwriter has precipitated this bond to be executed on the Declarations Web page.

Insured:      PIMCO FUNDS