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Dividend and Income Builder Fund

Income Potential from Global, Dividend-Paying Stocks

Fund Overview Portfolio managers Brad Kinkelaar Executive Vice President, Portfolio Manager Cliff Remily, CFA Executive Vice President, Portfolio Manager

Many investors are looking for ways to generate attractive current income, income growth over time and long-term capital appreciation. PIMCO Dividend and Income Builder Fund pursues all three objectives through an actively managed portfolio of global, dividend-paying stocks and select fixed income securities.

What is PIMCO Dividend and Income Builder Fund? The fund invests in dividend-paying stocks around the world, aiming to deliver attractive yield today, a growing dividend per share over time and long-term capital appreciation. While the majority of the portfolio is normally invested in dividend-paying equities, the fund will also invest in fixed income securities when its managers find compelling values. The funds flexible, unconstrained approach provides the opportunity to take advantage of the most attractive income opportunities around the world. What is the funds investment process? We employ fundamental research to uncover attractively priced companies that we believe have both the ability and the willingness to increase their dividends over time. This includes a diversified spectrum of stocks ranging from solid blue-chip companies that may grow over time, to more cyclical companies, to companies that we believe will grow quickly in the future. Our fundamental company analysis evaluates capital allocation policies, financial statements and footnotes, business models, industry dynamics and valuations. Each company under consideration undergoes thorough upside

and downside stress testing, with the ultimate goal of identifying companies that pay an attractive dividend today and also have the potential to grow their dividend payments over time through a broad range of economic scenarios. What role can the fund play in an overall portfolio? Providing exposure to global equities supplemented with fixed income holdings, PIMCO Dividend and Income Builder Fund is designed to serve as a core, long-term holding in a portfolio. The funds focus on current income, growing dividends and capital appreciation is an attractive investment strategy through various market environments. Dividend income is a key component of overall equity returns and is particularly important as many investors are nearing retirement. We also believe an actively managed portfolio of dividendpaying equities can serve as an attractive source of income growth that can potentially outpace inflation. How is this fund different from other dividend-focused strategies? Unlike funds that rely heavily on screens and historical data and that do not emphasize detailed fundamental research, PIMCO Dividend and Income Builder Fund takes a forward-looking approach to pursuing three integrated goals: an attractive current yield, a growing income stream over time and the opportunity for capital growth. Its managers actively seek to add value by searching for companies they believe are both willing and able to increase their dividends in the future and that are attractively priced. The ability to invest globally provides additional potential, as attractive dividend-paying companies are often found outside the U.S., and can enhance diversification more broadly than a U.S.-only portfolio, which may rely on a limited number of sectors. Of course, diversification does not assure a profit or protect against loss. What is PIMCOs expertise in dividend investing? PIMCOs active equity team consists of more than 30 portfolio managers, analysts and other professionals, with expertise across strategies and regions. Team members also draw on the firms extensive global resources and process, coordinating with our fixed income, currency and commodity teams to deepen their insights into companies and industry factors. PIMCOs macro outlook provides an additional, invaluable perspective on economic developments that are likely to shape equity markets and dividend trends. The fixed income component of Dividend and Income Builder Fund benefits from PIMCOs four decades of active bond management experience.

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PIMCO DIVIDEND AND INCOME BUILDER FUND | FUND OVERVIEW

Who manages the fund? The fund is managed by Brad Kinkelaar and Cliff Remily, CFA, executive vice presidents and seasoned dividend investors. Prior to joining PIMCO in 2011, they were managing directors at Thornburg Investment Management and co-portfolio managers of the Thornburg Investment Income Builder Fund, founded by Mr. Kinkelaar. The two have more than 25 years of combined equity investment experience. Mr. Kinkelaar holds an MBA from Northwestern Universitys Kellogg School of Management, Mr. Remily from the Marshall School of Business at the University of Southern California. PIMCO Dividend and Income Builder Funds fixed income component is managed by executive vice president Eve Tournier. She was previously a managing director and European head of high yield credit trading at Deutsche Bank; she earned a masters degree in operations research and financial engineering from Cornell University. What is PIMCO EqS Dividend Fund? PIMCO also offers the EqS Dividend Fund which is designed for investors seeking an equity-income solution without the fixed income component. The portfolio, which largely reflects the equity composition of Dividend and Income Builder Fund, aims to generate attractive current income and longterm capital appreciation. What are some of the risks? While dividends are generally a more consistent component of total return, its important to note that equity investing can be volatile, particularly over shorter time frames. There is also no assurance that a company will continue to pay its dividend at its current level. Global investing adds certain risks as well, particularly in emerging markets. That said, the funds investment process including rigorous security analysis and selection is designed to help moderate some of these risks. How can I learn more? Ask your financial advisor for more information, including a copy of the prospectus. You can also visit our website at pimco.com/investments or call us at 888.87.PIMCO.

Q UI C K FAC T S
Dividend and Income Builder Fund
Objective Above-average income, growing dividends per share over time, as well as capital appreciation Primary portfolio Dividend-paying equities; select fixed income securities Fund inception 14 December 2011 Dividend frequency Quarterly Portfolio managers Brad Kinkelaar, Cliff Remily; Eve Tournier (fixed income component) Symbols A shares PQIZX D shares PQIDX R shares PQIBX C shares PQICX P shares PQIPX Inst. shares PQIIX

Highlights n Designed to be an integrated solution for current income, income growth and long-term capital appreciation potential.
n

Enhanced diversification and yield potential from a flexible, global approach. Time-tested strategy supported by PIMCOs macroeconomic expertise and global investment platform.

EqS Dividend Fund

Objective Above-average income; capital appreciation Symbols A shares PQDAX D shares PQDDX R shares PQDRX C shares PQDCX P shares PQDPX Inst. shares PQDIX

FUND OVERVIEW | PIMCO DIVIDEND AND INCOME BUILDER FUND

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About PIMCO PIMCO is a leading global investment management firm, with offices in 10 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.

Investors should consider the investment objectives, risks, charges and expenses of the funds carefully before investing. This and other information is contained in each funds prospectus and summary prospectus, if available, which may be obtained by contacting your financial advisor or PIMCO representative or by visiting pimco.com/investments. Please read them carefully before you invest or send money. A word about risk: Equities may decline in value due to both real and perceived general market, economic and industry conditions. Investments in value securities involve the risk that the markets value assessment may differ from the managers and the performance of the securities may decline. Investing in securities of smaller companies tends to be more volatile and less liquid than securities of larger companies. 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. 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. High yield, lower-rated securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. 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. Diversification does not ensure against loss. 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. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. 2012, PIMCO. PIMCO advised funds are distributed by PIMCO Investments LLC.
Investment Products Not FDIC Insured May Lose Value Not Bank Guaranteed pimco.com/investments

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