Schedule of Investments PIMCO Municipal Income Fund

September 30, 2023

(Unaudited)

 

(AMOUNTS IN THOUSANDS*, EXCEPT NUMBER OF SHARES, CONTRACTS, UNITS AND OUNCES, IF ANY)

 

 

PRINCIPAL
AMOUNT
(000s)

 

MARKET
VALUE
(000s)

INVESTMENTS IN SECURITIES 186.4% ¤

 

 

 

 

MUNICIPAL BONDS & NOTES 183.3%

 

 

 

 

ALABAMA 6.1%

 

 

 

 

Jefferson County, Alabama Sewer Revenue Bonds, Series 2013

 

 

 

 

0.000% due 10/01/2050 (d)

$

10,000

$

10,516

6.500% due 10/01/2053

 

750

 

788

Tuscaloosa County, Alabama Industrial Development Authority Revenue Bonds, Series 2019

 

 

 

 

4.500% due 05/01/2032

 

1,166

 

1,066

5.250% due 05/01/2044

 

1,575

 

1,372

 

 

 

 

13,742

ALASKA 0.5%

 

 

 

 

Alaska Industrial Development & Export Authority Revenue Bonds, Series 2007
6.000% due 12/01/2036 ^(b)

 

900

 

2

Municipality of Anchorage, Alaska Solid Waste Services Revenue Bonds, Series 2022
5.250% due 11/01/2062

 

1,080

 

1,081

 

 

 

 

1,083

ARIZONA 5.4%

 

 

 

 

Arizona Industrial Development Authority Revenue Bonds, Series 2019

 

 

 

 

4.500% due 01/01/2049

 

900

 

488

5.000% due 01/01/2043

 

550

 

279

5.500% due 01/01/2054

 

1,500

 

726

Arizona Industrial Development Authority Revenue Bonds, Series 2020
7.750% due 07/01/2050 ^(b)

 

1,100

 

66

Industrial Development Authority of the County, Arizona of Pima Revenue Bonds, Series 2020
5.000% due 07/01/2055

 

1,100

 

897

Maricopa County, Arizona Industrial Development Authority Revenue Bonds, Series 2019
4.000% due 01/01/2044

 

3,500

 

3,089

Maricopa County, Arizona School District No 83-Cartwright Elementary Revenue Bonds, Series 2020
4.000% due 10/01/2044

 

3,600

 

2,885

Phoenix Civic Improvement Corp., Arizona Revenue Bonds, Series 2019

 

 

 

 

4.000% due 07/01/2049

 

2,295

 

2,026

5.000% due 07/01/2049

 

1,700

 

1,711

 

 

 

 

12,167

ARKANSAS 1.3%

 

 

 

 

Arkansas Development Finance Authority Revenue Bonds, (AMBAC Insured), Series 2006
0.000% due 07/01/2036 (c)

 

5,500

 

3,011

CALIFORNIA 4.4%

 

 

 

 

California County Tobacco Securitization Agency Revenue Bonds, Series 2002
6.000% due 06/01/2035

 

835

 

835

California Infrastructure & Economic Development Bank Revenue Bonds, Series 2020
3.650% due 01/01/2050

 

2,150

 

2,137

Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2021
0.000% due 06/01/2066 (c)

 

2,500

 

217

Golden State, California Tobacco Securitization Corp. Revenue Bonds, Series 2022
5.000% due 06/01/2051

 

1,000

 

1,016

Long Beach Bond Finance Authority, California Revenue Bonds, Series 2007
5.500% due 11/15/2030

 

1,405

 

1,460

Los Angeles County, California Public Works Financing Authority Revenue Bonds, Series 2021
4.000% due 12/01/2046

 

1,385

 

1,269

M-S-R Energy Authority, California Revenue Bonds, Series 2009
6.125% due 11/01/2029

 

1,770

 

1,846

Morongo Band of Mission Indians, California Revenue Bonds, Series 2018
5.000% due 10/01/2042

 

500

 

486

San Francisco, California City & County Public Utilities Commission Wastewater Revenue Bonds, Series 2021
4.000% due 10/01/2048

 

675

 

625

 

 

 

 

9,891

COLORADO 7.8%

 

 

 

 

Colorado Health Facilities Authority Revenue Bonds, Series 2018
4.000% due 11/15/2048

 

10,000

 

8,598

Colorado Health Facilities Authority Revenue Bonds, Series 2019

 

 

 

 

4.000% due 01/01/2040

 

2,200

 

2,011

4.000% due 08/01/2049

 

2,000

 

1,613

 

 

 

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

Colorado International Center Metropolitan District No 7 General Obligation Bonds, Series 2021
0.000% due 12/01/2051 (d)

 

715

 

372

Colorado State Building Excellent School Certificates of Participation Bonds, Series 2018
4.000% due 03/15/2043

 

1,015

 

916

Denver, Colorado Airport System City & County Revenue Notes, Series 2022
5.000% due 11/15/2029

 

1,000

 

1,044

Dominion Water & Sanitation District, Colorado Revenue Bonds, Series 2022
5.875% due 12/01/2052

 

1,000

 

920

Harvest Crossing Metropolitan District No 4, Colorado General Obligation Bonds, Series 2022
7.250% due 12/01/2052

 

1,250

 

1,146

Public Authority for Colorado Energy Revenue Bonds, Series 2008
6.500% due 11/15/2038

 

500

 

566

Senac South Metropolitan District No 1, Colorado General Obligation Bonds, Series 2021
5.250% due 12/01/2051

 

500

 

404

 

 

 

 

17,590

CONNECTICUT 0.9%

 

 

 

 

Connecticut Special Tax Revenue State Special Tax Bonds, Series 2020
5.000% due 05/01/2035

 

2,000

 

2,138

DELAWARE 2.2%

 

 

 

 

Affordable Housing Opportunities Trust, Delaware Revenue Bonds, Series 2022

 

 

 

 

3.461% due 07/01/2037

 

4,940

 

4,148

7.120% due 07/01/2037

 

870

 

794

 

 

 

 

4,942

DISTRICT OF COLUMBIA 1.2%

 

 

 

 

District of Columbia Revenue Bonds, Series 2022
5.500% due 02/29/2036

 

1,625

 

1,750

Metropolitan Washington Airports Authority Dulles Toll Road, District of Columbia Revenue Bonds, Series 2019
4.000% due 10/01/2049

 

1,250

 

1,050

 

 

 

 

2,800

FLORIDA 7.2%

 

 

 

 

Avenir Community Development District, Florida Special Assessment Bonds, Series 2023
5.625% due 05/01/2054

 

740

 

693

Central Florida Expressway Authority Revenue Bonds, Series 2017
4.000% due 07/01/2041

 

1,950

 

1,700

Hillsborough County, Florida Industrial Development Authority Revenue Bonds, Series 2020
4.000% due 08/01/2050

 

1,650

 

1,348

Miami-Dade County, Florida Transit System Revenue Bonds, Series 2018

 

 

 

 

4.000% due 07/01/2044

 

1,000

 

896

4.000% due 07/01/2046

 

1,000

 

883

Miami-Dade County, Florida Water & Sewer System Revenue Bonds, Series 2019
4.000% due 10/01/2049

 

2,500

 

2,172

Miami-Dade Seaport Department, Florida Revenue Bonds, Series 2023
5.000% due 10/01/2047

 

1,600

 

1,550

Orange County Health Facilities Authority, Florida Revenue Bonds, Series 2023
5.000% due 10/01/2053

 

910

 

901

Pasco County, Florida Water & Sewer Revenue Bonds, Series 2014
4.000% due 10/01/2044

 

1,000

 

886

Pompano Beach, Florida Revenue Bonds, Series 2020
4.000% due 09/01/2050

 

1,500

 

1,057

Putnam County Development Authority, Florida Revenue Bonds, Series 2018
5.000% due 03/15/2042

 

1,000

 

1,006

St Johns County, Florida Industrial Development Authority Revenue Bonds, Series 2020
4.000% due 08/01/2055

 

1,400

 

1,028

Tampa, Florida Revenue Bonds, Series 2016
4.000% due 11/15/2046

 

2,500

 

2,159

 

 

 

 

16,279

GEORGIA 6.1%

 

 

 

 

Atlanta Development Authority, Georgia Revenue Bonds, Series 2017
6.750% due 01/01/2035 ^(b)

 

1,600

 

720

Burke County, Georgia Development Authority Revenue Bonds, Series 2017
4.125% due 11/01/2045

 

2,000

 

1,616

Main Street Natural Gas, Inc., Georgia Revenue Bonds, Series 2019
5.000% due 05/15/2043

 

2,000

 

1,927

Municipal Electric Authority of Georgia Revenue Bonds, Series 2015
5.000% due 07/01/2060

 

9,000

 

8,488

Municipal Electric Authority of Georgia Revenue Bonds, Series 2022
5.000% due 07/01/2052

 

1,000

 

977

 

 

 

 

13,728

HAWAII 0.6%

 

 

 

 

City & County Honolulu, Hawaii Wastewater System Revenue Bonds, Series 2018
4.000% due 07/01/2042

 

1,485

 

1,359

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

ILLINOIS 12.4%

 

 

 

 

Chicago O'Hare International Airport, Illinois Revenue Bonds, Series 2018
5.000% due 01/01/2048

 

3,000

 

3,002

Chicago, Illinois General Obligation Bonds, Series 2003
5.500% due 01/01/2034

 

1,750

 

1,764

Chicago, Illinois General Obligation Bonds, Series 2007
5.500% due 01/01/2042

 

2,400

 

2,385

Chicago, Illinois Revenue Bonds, Series 2002
5.000% due 01/01/2028

 

2,000

 

2,023

Illinois Finance Authority Revenue Bonds, Series 2017
5.000% due 02/15/2037 ^(b)

 

945

 

255

Illinois Finance Authority Revenue Bonds, Series 2019
5.000% due 11/01/2035

 

1,000

 

893

Illinois State General Obligation Bonds, Series 2018
4.625% due 05/01/2037

 

2,000

 

1,950

Illinois State General Obligation Notes, Series 2017
5.000% due 11/01/2027

 

9,500

 

9,830

Metropolitan Pier & Exposition Authority, Illinois Revenue Bonds, (AGM/CR Insured), Series 2017
0.000% due 12/15/2056 (c)

 

2,445

 

416

Metropolitan Pier & Exposition Authority, Illinois Revenue Bonds, (AGM/CR/NPFGC Insured), Series 2002
0.000% due 12/15/2040 (c)

 

2,000

 

844

Metropolitan Pier & Exposition Authority, Illinois Revenue Bonds, Series 2012
0.000% due 12/15/2051 (c)

 

2,500

 

510

Metropolitan Pier & Exposition Authority, Illinois Revenue Bonds, Series 2022
0.000% due 06/15/2036 (c)

 

1,000

 

536

Regional Transportation Authority, Illinois Revenue Bonds, Series 2018
5.000% due 06/01/2038 (e)

 

3,500

 

3,593

 

 

 

 

28,001

INDIANA 2.5%

 

 

 

 

Indiana Finance Authority Midwestern Disaster Relief Revenue Bonds, Series 2012
4.250% due 11/01/2030

 

1,250

 

1,218

Indiana Finance Authority Revenue Bonds, Series 2019
7.000% due 03/01/2039

 

1,710

 

1,246

Indiana Finance Authority Revenue Bonds, Series 2022
4.500% due 12/15/2046

 

2,280

 

2,277

Indiana Health & Educational Facilities Financing Authority Revenue Bonds, Series 2006
4.000% due 11/15/2046

 

1,000

 

849

 

 

 

 

5,590

IOWA 2.3%

 

 

 

 

Iowa Finance Authority Midwestern Disaster Area Revenue Refunding Bonds, Series 2022
5.000% due 12/01/2050

 

2,530

 

2,421

Iowa Finance Authority Revenue Bonds, Series 2014
5.400% due 11/15/2046 ^

 

2,062

 

2,086

Iowa Finance Authority Revenue Bonds, Series 2022
8.000% due 01/01/2042

 

800

 

715

 

 

 

 

5,222

KANSAS 1.3%

 

 

 

 

Lenexa, Kansas Tax Allocation Bonds, Series 2007
6.000% due 04/01/2027 ^(b)

 

677

 

101

University of Kansas Hospital Authority Revenue Bonds, Series 2015
4.000% due 09/01/2040 (e)

 

3,085

 

2,829

 

 

 

 

2,930

LOUISIANA 6.0%

 

 

 

 

East Baton Rouge Sewerage Commission, Louisiana Revenue Bonds, Series 2019
4.000% due 02/01/2045

 

3,000

 

2,654

Louisiana Gasoline & Fuels Tax State Revenue Bonds, Series 2017
4.000% due 05/01/2045

 

4,000

 

3,499

Louisiana Public Facilities Authority Revenue Bonds, Series 2017
5.000% due 05/15/2042

 

3,750

 

3,684

Louisiana Public Facilities Authority Revenue Bonds, Series 2020
4.000% due 04/01/2050

 

750

 

642

Louisiana Public Facilities Authority Revenue Bonds, Series 2023
5.000% due 10/15/2052

 

1,780

 

1,787

Parish of St James, Louisiana Revenue Bonds, Series 2010
6.350% due 07/01/2040

 

1,250

 

1,331

 

 

 

 

13,597

MAINE 0.8%

 

 

 

 

Maine Health & Higher Educational Facilities Authority Revenue Bonds, Series 2020
4.000% due 07/01/2045

 

2,000

 

1,723

MARYLAND 0.2%

 

 

 

 

Maryland Economic Development Corp. Revenue Bonds, Series 2020
4.000% due 07/01/2040

 

500

 

445

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

MASSACHUSETTS 2.5%

 

 

 

 

Commonwealth of Massachusetts General Obligation Bonds, Series 2018
4.000% due 05/01/2040

 

1,000

 

938

Massachusetts Development Finance Agency Revenue Bonds, Series 2016
5.000% due 01/01/2047

 

1,000

 

942

Massachusetts Development Finance Agency Revenue Bonds, Series 2023
5.250% due 07/01/2052

 

1,250

 

1,222

Massachusetts School Building Authority Revenue Bonds, Series 2012
5.250% due 02/15/2048 (e)

 

2,500

 

2,569

 

 

 

 

5,671

MICHIGAN 5.3%

 

 

 

 

Detroit City School District, Michigan General Obligation Bonds, (AGM/Q-SBLF Insured), Series 2001
6.000% due 05/01/2029

 

1,280

 

1,380

Michigan Finance Authority Hospital Revenue Refunding Bonds, Series 2022
4.000% due 04/15/2042

 

1,000

 

896

Michigan Finance Authority Revenue Bonds, Series 2017
5.000% due 12/01/2031 (e)

 

1,200

 

1,240

Michigan Finance Authority Revenue Bonds, Series 2019

 

 

 

 

4.000% due 02/15/2047

 

3,500

 

2,975

4.000% due 12/01/2048

 

2,000

 

1,711

Michigan Finance Authority Revenue Bonds, Series 2021
5.000% due 12/01/2046 (e)

 

2,328

 

2,308

Michigan Finance Authority Revenue Notes, Series 2021
5.000% due 06/01/2027 (e)

 

72

 

75

Michigan State Housing Development Authority Revenue Bonds, Series 2015
4.350% due 10/01/2045

 

920

 

823

Michigan Tobacco Settlement Finance Authority Revenue Bonds, Series 2008
0.000% due 06/01/2058 (c)

 

15,000

 

548

 

 

 

 

11,956

MINNESOTA 0.8%

 

 

 

 

Duluth Economic Development Authority Health Care Facilities, Minnesota Revenue Bonds, Series 2022
5.250% due 06/15/2047

 

500

 

465

Rochester, Minnesota Revenue Bonds, Series 2018
4.000% due 11/15/2048

 

1,500

 

1,302

 

 

 

 

1,767

MISSOURI 2.3%

 

 

 

 

Health & Educational Facilities Authority of the State of Missouri Revenue Bonds, Series 2018
4.000% due 11/15/2048

 

3,000

 

2,522

Health & Educational Facilities Authority of the State of Missouri Revenue Bonds, Series 2019
4.000% due 02/15/2039

 

600

 

529

Health & Educational Facilities Authority of the State of Missouri Revenue Bonds, Series 2023
5.500% due 12/01/2048 (a)

 

1,150

 

1,211

Missouri Development Finance Board Revenue Bonds, Series 2022
5.250% due 05/01/2055

 

1,000

 

1,015

 

 

 

 

5,277

NEVADA 2.9%

 

 

 

 

Clark County, Nevada General Obligation Bonds, Series 2018
4.000% due 07/01/2044 (e)

 

4,200

 

3,769

Las Vegas Convention & Visitors Authority, Nevada Revenue Bonds, Series 2023
5.000% due 07/01/2049

 

1,700

 

1,724

Reno, Nevada Revenue Bonds, Series 2018
0.000% due 07/01/2058 (c)

 

10,500

 

1,041

 

 

 

 

6,534

NEW HAMPSHIRE 1.1%

 

 

 

 

New Hampshire Business Finance Authority Revenue Bonds, Series 2023
4.837% due 07/20/2036

 

2,714

 

2,541

NEW JERSEY 11.1%

 

 

 

 

Cherry Hill Township School District, New Jersey General Obligation Bonds, Series 2022
4.000% due 08/01/2040

 

2,600

 

2,432

Federal Home Loan Mortgage Corp. Enhanced Receipt, New Jersey Revenue Bonds, Series 2019
3.870% due 11/15/2035 (f)

 

2,983

 

2,547

New Jersey Economic Development Authority Revenue Bonds, Series 2016
5.000% due 06/15/2041

 

2,500

 

2,608

New Jersey Economic Development Authority Special Assessment Bonds, Series 2002
5.750% due 04/01/2031

 

2,050

 

1,995

New Jersey Health Care Facilities Financing Authority Revenue Bonds, Series 2013
5.500% due 07/01/2043

 

2,000

 

2,000

New Jersey State General Obligation Notes, Series 2020
4.000% due 06/01/2030

 

1,400

 

1,427

New Jersey Transportation Trust Fund Authority Revenue Bonds, (AGM Insured), Series 2006
0.000% due 12/15/2034 (c)

 

1,500

 

908

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

New Jersey Transportation Trust Fund Authority Revenue Bonds, Series 2019

 

 

 

 

5.000% due 06/15/2044

 

2,000

 

2,012

5.250% due 06/15/2043

 

1,000

 

1,019

New Jersey Turnpike Authority Revenue Bonds, Series 2019
5.000% due 01/01/2048

 

1,500

 

1,520

South Jersey Port Corp., New Jersey Revenue Bonds, Series 2017
5.000% due 01/01/2049

 

250

 

244

Tobacco Settlement Financing Corp., New Jersey Revenue Bonds, Series 2018

 

 

 

 

5.000% due 06/01/2031

 

1,000

 

1,034

5.000% due 06/01/2046

 

5,595

 

5,207

 

 

 

 

24,953

NEW YORK 23.4%

 

 

 

 

Build NYC Resource Corp., New York Revenue Bonds, Series 2023

 

 

 

 

5.250% due 07/01/2057

 

1,000

 

951

Metropolitan Transportation Authority, New York Revenue Bonds, (AGM Insured), Series 2019
4.000% due 11/15/2049

 

4,000

 

3,478

Metropolitan Transportation Authority, New York Revenue Bonds, Series 2020
5.250% due 11/15/2055

 

2,000

 

2,014

Monroe County Industrial Development Corp., New York Revenue Bonds, Series 2020
4.000% due 07/01/2050

 

1,780

 

1,567

Nassau County, New York Industrial Development Agency Revenue Bonds, Series 2021
5.000% due 01/01/2058 ^(b)

 

2,867

 

687

New York City Transitional Finance Authority Future Tax Secured, New York Revenue Bonds, Series 2019
4.000% due 05/01/2041

 

1,110

 

1,022

New York City, New York General Obligation Bonds, Series 2018

 

 

 

 

5.000% due 12/01/2037

 

750

 

772

5.000% due 04/01/2045

 

2,300

 

2,339

New York City, New York Municipal Water Finance Authority Revenue Bonds, Series 2022
5.000% due 06/15/2047

 

4,000

 

4,100

New York City, New York Transitional Finance Authority Future Tax Secured Revenue Bonds, Series 2022
5.500% due 11/01/2045

 

2,000

 

2,140

New York Liberty Development Corp. Revenue Bonds, Series 2005
5.250% due 10/01/2035

 

10,000

 

10,883

New York Liberty Development Corp. Revenue Bonds, Series 2007
5.500% due 10/01/2037

 

3,000

 

3,248

New York Liberty Development Corp. Revenue Bonds, Series 2014
5.000% due 11/15/2044

 

1,000

 

927

New York Liberty Development Corp. Revenue Bonds, Series 2021
2.875% due 11/15/2046

 

1,625

 

1,096

New York Power Authority Revenue Bonds, Series 2020
4.000% due 11/15/2060

 

1,250

 

1,069

New York State Dormitory Authority Revenue Bonds, Series 2017
4.000% due 02/15/2047

 

1,500

 

1,334

New York State Dormitory Authority Revenue Bonds, Series 2020
4.000% due 02/15/2040

 

1,250

 

1,163

New York State Housing Finance Agency Revenue Bonds, (FHA Insured), Series 2020
4.200% due 11/01/2054 (f)

 

1,500

 

1,206

New York State Thruway Authority Revenue Bonds, (AGM Insured), Series 2019
4.000% due 01/01/2053

 

460

 

392

New York State Thruway Authority Revenue Bonds, Series 2019
4.000% due 01/01/2050

 

575

 

488

New York State Thruway Authority Revenue Bonds, Series 2021
4.000% due 03/15/2047

 

2,000

 

1,755

New York State Thruway Authority Revenue Bonds, Series 2021
4.000% due 03/15/2040

 

1,500

 

1,394

New York State Urban Development Corp. Revenue Bonds, Series 2021
4.000% due 03/15/2047

 

2,750

 

2,430

Suffolk Tobacco Asset Securitization Corp., New York Revenue Bonds, Series 2021
4.000% due 06/01/2050

 

1,500

 

1,249

Triborough Bridge & Tunnel Authority Sales Tax, New York Revenue Bonds, Series 2022
4.000% due 05/15/2057

 

2,750

 

2,374

Triborough Bridge & Tunnel Authority, New York Revenue Bonds, Series 2021
5.000% due 05/15/2051

 

2,635

 

2,676

 

 

 

 

52,754

NORTH DAKOTA 0.2%

 

 

 

 

Grand Forks County, North Dakota Revenue Bonds, Series 2021
7.000% due 12/15/2043 ^(b)

 

850

 

425

OHIO 5.0%

 

 

 

 

American Municipal Power, Inc., Ohio Revenue Bonds, Series 2017
4.000% due 02/15/2042

 

1,000

 

869

Buckeye Tobacco Settlement Financing Authority, Ohio Revenue Bonds, Series 2020
0.000% due 06/01/2057 (c)

 

36,500

 

3,567

Montgomery County, Ohio Dayton Children's Hospital Revenue Bonds, Series 2021
4.000% due 08/01/2046

 

2,250

 

1,888

Ohio Air Quality Development Authority Dayton Power And Light Company Project Revenue Bonds , Series 2015
4.250% due 11/01/2040

 

2,000

 

1,945

Ohio Air Quality Development Authority Revenue Bonds, Series 2019
5.000% due 07/01/2049

 

1,250

 

1,054

Ohio Air Quality Development Authority Revenue Notes, Series 2019
3.250% due 09/01/2029

 

850

 

783

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

Southern Ohio Port Authority Revenue Notes, Series 2020
6.500% due 12/01/2030

 

1,000

 

695

Worthington City School District, Ohio General Obligation Bonds, Series 2023
5.500% due 12/01/2054

 

455

 

482

 

 

 

 

11,283

OKLAHOMA 0.3%

 

 

 

 

Oklahoma Development Finance Authority Revenue Bonds, Series 2021
8.000% due 12/01/2041

 

750

 

572

OREGON 2.6%

 

 

 

 

Columbia County, Oregon School District No 502 General Obligation Bonds, Series 2020
5.000% due 06/15/2045

 

2,000

 

2,061

Medford Hospital Facilities Authority, Oregon Revenue Bonds, Series 2020
4.000% due 08/15/2050

 

1,500

 

1,268

Multnomah County School District 40, Oregon General Obligation Bonds, Series 2023
0.000% due 06/15/2051 (c)

 

1,590

 

345

Salem Hospital Facility Authority, Oregon Revenue Bonds, Series 2022
4.000% due 05/15/2047

 

875

 

639

Washington & Multnomah Counties School District No 48J Beaverton, Oregon General Obligation Bonds, Series 2022

 

 

 

 

0.000% due 06/15/2048 (c)

 

2,310

 

608

5.000% due 06/15/2052

 

1,000

 

1,022

 

 

 

 

5,943

PENNSYLVANIA 6.6%

 

 

 

 

Pennsylvania Economic Development Financing Authority Revenue Bonds, (AGM Insured), Series 2022
5.750% due 12/31/2062

 

3,000

 

3,153

Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2021
9.000% due 04/01/2051

 

1,500

 

1,640

Pennsylvania Economic Development Financing Authority Revenue Bonds, Series 2022
4.000% due 02/15/2041

 

1,750

 

1,559

Pennsylvania Higher Educational Facilities Authority Revenue Bonds, Series 2019
5.000% due 08/15/2049

 

1,100

 

1,108

Pennsylvania Turnpike Commission Revenue Bonds, Series 2018
5.000% due 12/01/2043

 

4,250

 

4,349

Pennsylvania Turnpike Commission Revenue Bonds, Series 2021
5.000% due 12/01/2046

 

2,250

 

2,310

Philadelphia Authority for Industrial Development, Pennsylvania Revenue Bonds, Series 2017
5.500% due 12/01/2058

 

1,000

 

841

 

 

 

 

14,960

PUERTO RICO 7.7%

 

 

 

 

Children's Trust Fund, Puerto Rico Revenue Bonds, Series 2008
0.000% due 05/15/2057 (c)

 

28,000

 

1,662

Commonwealth of Puerto Rico Bonds, Series 2022

 

 

 

 

0.000% due 11/01/2043

 

3,908

 

2,032

0.000% due 11/01/2051

 

2,815

 

1,240

Commonwealth of Puerto Rico General Obligation Bonds, Series 2021

 

 

 

 

0.000% due 07/01/2033 (c)

 

1,750

 

1,034

4.000% due 07/01/2041

 

1,700

 

1,372

Puerto Rico Highway & Transportation Authority Revenue Bonds, Series 2022

 

 

 

 

0.000% due 07/01/2053 (d)

 

2,715

 

1,687

5.000% due 07/01/2062

 

122

 

116

Puerto Rico Highway & Transportation Authority Revenue Notes, Series 2022
0.000% due 07/01/2032 (c)

 

79

 

51

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2018

 

 

 

 

0.000% due 07/01/2046 (c)

 

9,650

 

2,500

0.000% due 07/01/2051 (c)

 

10,000

 

1,865

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue Bonds, Series 2019
4.784% due 07/01/2058

 

4,495

 

3,935

 

 

 

 

17,494

RHODE ISLAND 1.4%

 

 

 

 

Tobacco Settlement Financing Corp., Rhode Island Revenue Bonds, Series 2015

 

 

 

 

5.000% due 06/01/2040

 

1,205

 

1,196

5.000% due 06/01/2050

 

2,000

 

1,873

 

 

 

 

3,069

SOUTH CAROLINA 2.7%

 

 

 

 

South Carolina Public Service Authority Revenue Obligations Revenue Bonds, Series 2013

 

 

 

 

5.125% due 12/01/2043

 

5,000

 

4,898

5.500% due 12/01/2053

 

1,100

 

1,097

 

 

 

 

5,995

TENNESSEE 4.9%

 

 

 

 

Metropolitan Government of Nashville & Davidson County, Tennessee Health & Educational Facs Bd Revenue Bonds, Series 2020
4.000% due 11/01/2055

 

1,000

 

678

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

Shelby County, Tennessee Health Educational & Housing Facilities Board Revenue Bonds, Series 2019
5.750% due 10/01/2059

 

700

 

488

Tennessee Energy Acquisition Corp. Revenue Bonds, Series 2006

 

 

 

 

5.000% due 02/01/2027

 

5,000

 

4,931

5.250% due 09/01/2024

 

5,000

 

5,015

 

 

 

 

11,112

TEXAS 18.1%

 

 

 

 

Angelina & Neches River Authority, Texas Revenue Bonds, Series 2021

 

 

 

 

7.500% due 12/01/2045

 

590

 

373

12.000% due 12/01/2045

 

1,000

 

835

Austin, Texas Electric Utility Revenue Bonds, Series 2019
5.000% due 11/15/2044

 

500

 

511

Board of Regents of the University of Texas System Revenue Bonds, Series 2022
4.000% due 08/15/2052

 

2,500

 

2,164

Brazoria County, Texas Industrial Development Corp. Revenue Bonds, Series 2023
12.000% due 06/01/2043

 

2,000

 

1,946

Central Texas Turnpike System Revenue Bonds, Series 2015

 

 

 

 

0.000% due 08/15/2036 (c)

 

1,250

 

627

0.000% due 08/15/2037 (c)

 

3,500

 

1,645

Clifton Higher Education Finance Corp., Texas Revenue Bonds, Series 2018
6.125% due 08/15/2048

 

1,000

 

972

Dallas Fort Worth International Airport, Texas Revenue Bonds, Series 2022
5.000% due 11/01/2038

 

1,000

 

1,044

Hays Consolidated Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023
5.000% due 02/15/2048

 

1,250

 

1,283

Lamar Consolidated Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023
4.000% due 02/15/2048

 

1,250

 

1,089

Lamar Cosolidated Independent School District, Texas General Obligation Bonds, Series 2023
4.000% due 02/15/2048

 

2,500

 

2,155

Medina Valley Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023
4.500% due 02/15/2047

 

1,000

 

980

New Hope Cultural Education Facilities Finance Corp., Texas Revenue Bonds, Series 2021
5.250% due 01/01/2042

 

1,300

 

948

North Texas Tollway Authority Revenue Bonds, Series 2017

 

 

 

 

4.000% due 01/01/2043

 

1,500

 

1,344

5.000% due 01/01/2048

 

1,250

 

1,231

Rockwall Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2022
5.000% due 02/15/2052

 

4,000

 

4,079

San Jacinto College District, Texas General Obligation Bonds, Series 2019
5.000% due 02/15/2044

 

1,000

 

1,008

Southwest Independent School District, Texas General Obligation Bonds, (PSF Insured), Series 2023
5.000% due 02/01/2046

 

900

 

930

Tarrant County, Texas Cultural Education Facilities Finance Corp. Revenue Bonds, Series 2017
6.750% due 11/15/2047

 

500

 

499

Tarrant County, Texas Cultural Education Facilities Finance Corp. Revenue Bonds, Series 2022
5.000% due 11/15/2051

 

1,380

 

1,362

Texas Municipal Gas Acquisition & Supply Corp. Revenue Bonds, Series 2006
5.250% due 12/15/2023

 

3,500

 

3,503

Texas Municipal Gas Acquisition & Supply Corp. Revenue Bonds, Series 2008
6.250% due 12/15/2026

 

3,580

 

3,655

Texas Water Development Board Revenue Bonds, Series 2022

 

 

 

 

4.800% due 10/15/2052

 

800

 

801

5.000% due 10/15/2057

 

2,380

 

2,445

Texas Water Development Board Revenue Bonds, Series 2023

 

 

 

 

4.875% due 10/15/2048 (a)

 

1,500

 

1,522

5.000% due 10/15/2058 (a)

 

1,000

 

1,029

West Harris County, Texas Regional Water Authority Revenue Bonds, (BAM Insured), Series 2021
4.000% due 12/15/2060

 

1,160

 

959

 

 

 

 

40,939

UTAH 3.1%

 

 

 

 

County of Salt Lake, Utah Revenue Bonds, (AMBAC Insured), Series 2001
5.125% due 02/15/2033

 

7,000

 

7,085

VIRGINIA 3.6%

 

 

 

 

Virginia Commonwealth Transportation Board Revenue Bonds, Series 2018
4.000% due 05/15/2041 (e)

 

3,850

 

3,559

Virginia Small Business Financing Authority Revenue Bonds, Series 2019

 

 

 

 

0.000% due 07/01/2061 (c)

 

23,000

 

460

5.000% due 07/01/2034

 

1,470

 

1,331

Virginia Small Business Financing Authority Revenue Bonds, Series 2020
4.000% due 12/01/2049

 

3,400

 

2,849

 

 

 

 

8,199

WASHINGTON 0.8%

 

 

 

 

Washington State Convention Center Public Facilities District Revenue Bonds, Series 2018
4.000% due 07/01/2058

 

2,155

 

1,705

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

WEST VIRGINIA 1.5%

 

 

 

 

Monongalia County, West Virginia Commission Special District Revenue Bonds, Series 2017
5.500% due 06/01/2037

 

1,000

 

1,010

West Virginia Economic Development Authority Revenue Bonds, Series 2017
4.000% due 06/15/2040

 

2,500

 

2,288

 

 

 

 

3,298

WISCONSIN 6.2%

 

 

 

 

Public Finance Authority, Wisconsin Revenue Bonds, Series 2017
7.000% due 01/01/2050

 

2,500

 

2,586

Public Finance Authority, Wisconsin Revenue Bonds, Series 2018
6.375% due 01/01/2048

 

3,000

 

1,845

Public Finance Authority, Wisconsin Revenue Bonds, Series 2020
0.000% due 01/01/2060 (c)

 

7,500

 

362

Public Finance Authority, Wisconsin Revenue Bonds, Series 2021

 

 

 

 

4.000% due 03/31/2056

 

1,100

 

796

4.000% due 07/01/2056

 

500

 

344

4.500% due 06/01/2056

 

820

 

553

Wisconsin Center District Revenue Bonds, (AGM Insured), Series 2020
0.000% due 12/15/2045 (c)

 

7,000

 

2,246

Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2016
4.000% due 11/15/2046

 

695

 

695

Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2018
5.000% due 04/01/2044

 

3,000

 

2,965

Wisconsin Health & Educational Facilities Authority Revenue Bonds, Series 2022
4.000% due 12/01/2051

 

1,920

 

1,616

 

 

 

 

14,008

Total Municipal Bonds & Notes (Cost $449,200)

 

 

 

413,778

NON-AGENCY MORTGAGE-BACKED SECURITIES 0.8%

 

 

 

 

Freddie Mac
4.140% due 01/25/2040

 

1,995

 

1,751

Total Non-Agency Mortgage-Backed Securities (Cost $1,872)

 

 

 

1,751

SHORT-TERM INSTRUMENTS 2.3%

 

 

 

 

REPURCHASE AGREEMENTS (g) 2.3%

 

 

 

5,147

Total Short-Term Instruments (Cost $5,147)

 

 

 

5,147

Total Investments in Securities (Cost $456,219)

 

 

 

420,676

Total Investments 186.4% (Cost $456,219)

 

 

$

420,676

Auction Rate Preferred Shares (64.3)%

 

 

 

(145,125)

Remarketable Variable Rate MuniFund Term Preferred Shares, at liquidation value (17.0)%

 

 

 

(38,441)

Other Assets and Liabilities, net (5.1)%

 

 

 

(11,421)

Net Assets Applicable to Common Shareholders 100.0%

 

 

$

225,689

        

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Investments PIMCO Municipal Income Fund (Cont.)

September 30, 2023

(Unaudited)

 

 

NOTES TO SCHEDULE OF INVESTMENTS:

 

* A zero balance may reflect actual amounts rounding to less than one thousand.

 

¤

The geographical classification of foreign (non-U.S.) securities in this report, if any, are classified by the country of incorporation of a holding. In certain instances, a security's country of incorporation may be different from its country of economic exposure.

^

Security is in default.

(a)

When-issued security.

(b)

Security is not accruing income as of the date of this report.

(c)

Zero coupon security.

(d)

Security becomes interest bearing at a future date.

(e)

Represents an underlying municipal bond transferred to a tender option bond trust established in a tender option bond transaction in which the Fund sold, or caused the sale of, the underlying municipal bond and purchased the residual interest certificate. The security serves as collateral in a financing transaction.

(f)

RESTRICTED SECURITIES:

Issuer Description

Coupon

Maturity
Date

Acquisition
Date

 

Cost

 

Market
Value

Market Value
as Percentage
of Net Assets
Applicable to Common Shareholders

Federal Home Loan Mortgage Corp. Enhanced Receipt, New Jersey Revenue Bonds, Series 2019

3.870

%

11/15/2035

10/26/2020

$

3,393

$

2,547

1.13

%

New York State Housing Finance Agency Revenue Bonds, (FHA Insured), Series 2020

4.200

 

11/01/2054

11/18/2021

 

1,679

 

1,206

0.53

 

 

 

 

 

$

5,072

$

3,753

1.66% 

BORROWINGS AND OTHER FINANCING TRANSACTIONS

(g)

REPURCHASE AGREEMENTS:

Counterparty