PIMCO Multi-Sector Income Fund T.PIX

Primary Symbol: T.PIX.UN

PIMCO Multi-Sector Income Fund (the Fund) is a Canada-based closed-end investment fund. The Fund’s investment objectives is to provide unitholders (the Unitholders) with current income as primary objective and capital appreciation as secondary objective, through various market cycles, by utilizing a dynamic asset allocation strategy among multiple sectors in the global credit markets, including corporate debt, mortgage-related and other asset-backed securities, government and sovereign debt, taxable municipal bonds, other fixed-, variable- and floating-rate income-producing securities of U.S. and global issuers, including emerging market issuers, and real estate-related investments. PIMCO Canada Corp. (PIMCO Canada) is the trustee, investment fund manager and portfolio adviser of the Fund (the Manager), Pacific Investment Management Company LLC (PIMCO) is the sub-adviser and State Street Trust Company Canada is the custodian of the Fund.

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PIMCO Multi-Sector Income Fund

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Post by logicaltruth1on Jun 10, 2006 10:19pm

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Post# 10973321

Mavrix Fund Holding

A top performing fund (Mavrix) has a significant portion (top holding) of PIX. Mavrix Strategic Small Cap (requires initial (required a $150K minimum investment - these guys are serious!

Holds a Globefund 5 star rating. Mavrix Small Companies (top four holding) According to a February Globefund article, the fund manager: "In selecting stocks, Mr. Dent looks for micro-cap and small-cap companies that haven't been discovered by the market, but should, in his view, garner greater investor attention in the near future. "We like inexpensive stocks where we see a catalyst in the near term that we think will attract more investor attention and provide an improved valuation on our investment," he said. The Mavrix Strategic Small Cap Fund is focusing on a number of areas, including industrial products, technology and health care. The fund did particularly well with health care stocks last month. "I think what is starting to happen is that people are realizing that these stocks are very inexpensive," Mr. Dent said. "Peer 1 Network Enterprises Inc. is another of the fund's large holdings. Vancouver-based Peer 1 provides Internet infrastructure services. The company has been growing strongly internally and through acquisition, Mr. Dent said. Its "most recent and most important" takeover was of the dedicated server assets of Interland Inc., a provider of websites and on-line services. The acquisition occurred late in the first quarter of the current fiscal year, leading Mr. Dent to believe that revenue will show a dramatic increase in the next quarter, which in turn will attract attention to the stock. The shares closed yesterday at 55 cents." ..... I don't agree with Mr. Dent on his short term prediction but I do admire his performance; I don't think the Interland acquisition will show its full colours until a few quarters.