PIMCO Flexible Credit Income Fund: directors' dealings · United States · SEC (Form 4)

About PIMCO Flexible Credit Income Fund

PIMCO Flexible Credit Income Fund (ticker: PFLEX) is a U.S.-listed investment fund traded on the NYSE/NASDAQ ecosystem and structured as an interval fund focused on flexible credit income. For investors, PFLEX is not an operating company in the traditional sense; it is an actively managed credit vehicle designed to deliver current income and risk-adjusted returns across a broad set of debt markets. The fund is managed by PIMCO, one of the world’s best-known fixed-income specialists, which is a key competitive advantage given the depth of its credit research, portfolio construction capabilities, and global market access. ([pimco.com](https://www.pimco.com/us/en/documents/b1f8e595e8871e1f31d0e35582c37e057bc9f6ded79e2568409f06b4a4b5ccc44203f8becadffc386296df3291f4177a?app=dot&utm_source=openai)) PFLEX was launched in 2017, giving it a meaningful operating history across different interest-rate and credit cycles. Its underlying structure is tied to PIMCO’s U.S. platform, historically based in California, and its strategy is built around a diversified, opportunistic approach to credit. The fund is designed to provide a more accessible route into less liquid credit opportunities through daily subscriptions, quarterly repurchase offers, and monthly income distributions. That structure makes PFLEX particularly relevant to income-focused investors who want exposure to more specialized parts of the credit market without investing directly in private credit instruments. ([pimco.com](https://www.pimco.com/us/en/documents/b1f8e595e8871e1f31d0e35582c37e057bc9f6ded79e2568409f06b4a4b5ccc44203f8becadffc386296df3291f4177a?app=dot&utm_source=openai)) In terms of business profile, PFLEX seeks attractive risk-adjusted returns by investing across a wide range of global credit sectors, including corporate debt, loans, mortgage-related instruments, consumer credit, asset-backed securities, emerging market debt, sovereign debt, municipal bonds, and other income-producing securities from U.S. and foreign issuers. Recent SEC disclosure shows portfolio exposure across loan participations and assignments, non-agency mortgage-backed securities, corporate bonds and notes, asset-backed securities, short-term instruments, common stocks, preferred securities, and government or sovereign exposures. This underscores the fund’s multi-sector, multi-asset credit mandate rather than a narrow single-sector strategy. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0001688554/000119312526094229/d793063dncsrs.htm?utm_source=openai)) PFLEX’s competitive position is anchored in three elements: the PIMCO brand, the firm’s scale in fixed income, and the fund’s interval-fund format. That combination allows the manager to pursue income opportunities across public and private credit while offering investors a more familiar U.S. fund wrapper with periodic liquidity. For French, Belgian, and Swiss investors evaluating U.S. income products, PFLEX stands out as a professionally managed, globally oriented credit solution that aims to monetize relative-value opportunities wherever they appear in the capital structure. ([pimco.com](https://www.pimco.com/us/en/documents/b1f8e595e8871e1f31d0e35582c37e057bc9f6ded79e2568409f06b4a4b5ccc44203f8becadffc386296df3291f4177a?app=dot&utm_source=openai)) Recent fund materials published in 2026 indicate underlying fund AUM of roughly $4.2 billion and a stated distribution rate around 10.28%, while also highlighting monthly dividend accrual and quarterly repurchases expected to equal 5% of outstanding shares. The latest SEC filings also show the use of wholly owned subsidiary vehicles to house certain investments consistent with the fund’s objectives. For analysts following SEC Form 4 insider activity, PFLEX should therefore be viewed primarily as a market-listed income product whose performance depends on PIMCO’s execution, credit selection, and the broader U.S. and global credit backdrop. ([pimco.com](https://www.pimco.com/us/en/documents/b1f8e595e8871e1f31d0e35582c37e057bc9f6ded79e2568409f06b4a4b5ccc44203f8becadffc386296df3291f4177a?app=dot&utm_source=openai))